I still buy some Harbor Freight tools, especially if I only need it for a one-off job, but the higher-end tool names are often genuinely better, not just higher priced.
Whether a fancy ratchet is worth it depends a lot on how much you use your impact wrench. People tend to buy high end versions of the tools they use the most. There's plenty of professional roofers who have a $400 nail guns that weigh nothing and a couple clunky old HF framing guns on the truck. An electrician probably has a pawn shop or harbor freight hammer drill. The plumber probably has a nice hammer drill.
But if you're a young guy just getting started in a trade, and you can choose between a cheap socket set plus two dates with your girlfriend, or a premium socket set? 9/10 guys would choose the former.
It's usually either American, Taiwanese or Chinese, and a reputable shop like Angle Repair, for example, absolutely will not touch a Chinese torque wrench, and might only ever touch a Taiwanese torque wrench if it's a warrantied item on one of their supported brands, and probably only with some arm twisting on the part of the vendor they're doing warranty work for.
I don't know how much this is fetishizing versus simply having different priorities.
White collar tech people using tools are more likely to be doing so for hobby or recreation. They have spare money and their goal is a maximally enjoyable experience. With those priorities, it makes sense to buy better tools than you could justify economically.
That certainly wasn't my intention. My last roommate was an auto mechanic, then later a SnapOn dealer. He and the techs at the shops he serviced had massive rolling carts that cost $20k+ filled with another $30k in tools.
Certainly there were some cheaper tools in those carts, but as far as I could tell, they were mostly SnapOn or Mac.
The white collar internet loves to blindly fetishize "quality" tools but professionals are always trying to strike a balance because every buck spent on overhead is a buck you're not getting paid and having breadth of tools is often more important than quantity since having the right tool matters a lot more than having a nice tool and if you don't buy nice tools you can afford to have the right tool more often. For secondary "luxury" tools that just make a job faster (like a ratcheting box wrench) many people buy the cheap stuff whereas tools you only use when you really need them (like flare nut wrenches) tend to be higher quality.