Capillary action is subject to the same limits as suction at the top. Capillary action can't increase the water pressure at the bottom of the tree.
If you put a straight thin capillary tube upright in water so it sucks up water from the bottom, no matter how thin, it can't draw water up above ~10m of water level.
you have an incorrect model, transpiration is capillary action and evaporation from mesenchyme
xylem is not a straw, is no where near the diameter of a straw, and its[transpiration] is not about increased pressure its about decrease.
psi values at the apical mesenchyme are around -100 to -150 megapascals dependent on species and relative humidity at the stoma.
physics and biology although intertrined are not the same catechisms, heres a link toward most of m.j. canny's work.
https://www.researchgate.net/scientific-contributions/M-J-Ca...
here is is a basic scheme of things
Water Movement in Xylem:
https://oercommons.org/courseware/lesson/87595/student-old/?...
Xylem:
https://en.wikipedia.org/wiki/Xylem
Hydrogen bond:
https://en.wikipedia.org/wiki/Hydrogen_bond