I don’t think we need higher tarriff’s, we should not allow important industries to be dominated by foreign countries that are hostile to us. Hostile countries should not have ‘free’ trade with us, and other countries who have barriers to our countries should face equal barriers in ours.
When it comes to dollar store crap and cheap toys, we will never make that stuff here again.
and yes, our taxes and mandates are far too high
It's not just dollar store crap. It's everything at walmart. A third of what we buy from the chinese is heavy electrical equipment and electronics. It's also defense components and equipment. And the Chinese are trying hard to compete on cars and aircraft.
And while I single out the Chinese. The fact is that any country that has as large a wage differential as the Chinese do with us, should have trade limits. We can tie those limits to our own unemployment rate. And we should be protective of high tech industries where innovation and knowledge are critical assets.
As long as Americans are unemployed, we shouldn’t rule out producing anything here, except perhaps things that generate large amounts of toxic waste.