Other countries cheat on trade. Previous US presidents, and most members of Congress, have generally ignored the cheating putting globalism ahead of the national interest. The US economy and US worker has suffered.
Trump has called their bluff. Wall Street, the press, the CEO’s of multinational corporations, foreign governments, and “moderate” Republicans are squealing. Will Trump press forward, ignoring the intense pressure, or will he cave on tariffs like George W. Bush did early in his administration?
Lest we forget, the period of highest tariffs in US history (1865-1900) were also the years of most rapid economic growth. In 35 years the US transitioned from an economy decimated by a brutal civil war to the greatest economy on the planet, surpassing the powers of Europe. We’ve seen a similar rise in the mercantilist Chinese economy over the past 35 years while the US economy has stagnated leading the globalist “free trade” agenda.
Lest we forget, the period of highest tariffs in US history (1865-1900) were also the years of most rapid economic growth. In 35 years the US transitioned from an economy decimated by a brutal civil war to the greatest economy on the planet, surpassing the powers of Europe. We’ve seen a similar rise in the mercantilist Chinese economy over the past 35 years while the US economy has stagnated leading the globalist “free trade” agenda.
Then, the beginning of the Deep State in America started and was named the Progressive Party United States.
Progressive Party (United States, 1912) - Wikipedia https://en.wikipedia.org/wiki/Progressive_Party_(United_States,_1912):
The 1912 Progressive National Convention at the Chicago Coliseum. The Progressive Party was a third party in the United States formed in 1912 by former President Theodore Roosevelt after he lost the presidential nomination of the Republican Party to his former protégé, incumbent President William Howard Taft.
TARIFF BAN
The tariff equivalent is imagine the money windfall if privileged native citizens could buy & sell by ignoring all USA laws.
Sell you “free” music & videos on the street corner. Others simply could not compete and you would all lose your jobs.
Sell pot. Sell rotten food. Sell illegal pharma drugs.
Sell broken car brakes.
Sell prostitution. Sell stolen Walmart goods.
Sell your neighbor’s car.
If China can, why cannot I??