What happens when the U.S. plant churns out so many $32.50 toasters that everyone who wants one has three of them? “
Then sell them overseas, but don’t demand the company leave the USA to make them elsewhere.
If you want to race to the bottom of economics, go live in a third-world mudhole.
2. How does the U.S. sell a $32.50 toaster in countries where they already make toasters so cheap that they can ship them here and sell them for $30.00?
You are joking? If we don’t allow imports what countries will allow our exports?
These actions do not take place in a vacuum.