You never stop with your incessant trade nonsense, do you?
I’ve already explained why your simple-minded garbage about tariffs is ridiculous nonsense.
Smoot-Hawley managed to reduce trade by about 70% in the early ‘30s. Today, with just shy of an 18 trillion GDP, do you want to whack international trade by 70%?
That would be about 1.9 trillion in US imports, over 10% of GDP.
It would happen quickly. Impose a 35% tariff on Chinese goods. Followed by immediate retaliation by the Chinese.
Followed by more US tariffs on everyone who rushed to fill the Chinese void. Followed by more retaliation by all of those countries. And back and forth and so on and so forth and on and on until someone finally came to their senses many years later. It’s called a trade war.
Which would take down another 1.6 trillion of exports.
Total damage to the economy in short order? 3.5 trillion.
20% of the entire economy.
Never mind the add-on effects of knocking 20% of the economy on its butt. Never mind the shortages and rapidly increasing prices costing people hundreds and hundreds of billions and the depression it would trigger.
For what? So that a handful of people in industries which no longer exist in the US could have jobs that you pine for at some distant future point that pay spit?
You really have no economic clue at all. Go read some Ricardo on comparative advantage and get back to us when you have a better grasp of things.
I won’t hold my breath.
Re-writing history is what Communist do.