Example one: The USA 1789 to 1913. Tariffs raised huge amounts of revenue and protected industry which grew to make the USA an industrial powerhouse.
Example 2: China and Pacific Rim form 1980 to present. Pacific rim countries are building up industry at the expense of USA dying industrial base.
The converse is also true. Lowering tariff rates to almost 0% and completely opening domestic markets to foreign 3rd world goods destroys an economy.
Example 1: The USA form 1980 to present. $800 Billion trade deficits, shrunken industrial base and 90 million people out of the work force since opening markets and eliminating tariffs.
Example 2: Great Britain: 1950 to present. A basket case. We are right behind.
Don’t try to confuse us with facts. We prefer outdated theories.