Oh, like the sugar tariffs and import restrictions that only help a few wealthy families while sending candy manufacturing to Canada? Gotta love all those unemployed in PA and NY.
Want to add a 45% tariff on foreign cars? Sure, wipe out our car companies from selling in those countries. And kiss the jobs in Smyrna, TN (they make Nissans); Tuscaloosa, AL (they make Mercedes); Chattanooga, TN (Volkswagon) and SC where they make BMW’s.
Don’t those countries want “their jobs back”???
No, not like those examples. Rather as a single component of an overall trade strategy.
A very, very important component.
Should cops be disarmed because some cops misuse their weapons? Same thing. If tariffs send candy manufacturing to Canada, then deny Canada import profits where it hurts them, cut them off on other trade deals if they take advantage of our vulnerabilities, deny them favoured trading partner status, etc. Cut off easy travel to the country, direct American tourists elsewhere. In other words, fight back systematically. Single examples of trade idiocy don’t validate a concept.
And why should any country be allowed to sell in America that doesn’t pay the same wages and follow the same regulations we do here? And why should our wages and regulations be so ridiculous that we can’t compete on the world stage? Why are countries that use virtual slave labor allowed to compete with us at all? Why are our corporations allowed to use foreign slave labor? To compete with what? The drive towards the global bottom? That’s what you see now - a false business reality created by bureaucrats and CEOs selling out to placate tyranny in other countries. This isn’t economic “reality,” it’s CREATED economics, IMPOSED economics, to achieve global totalitarian POLITICAL GOALS.
Wake up!
It is the threat of tarriffs from a serious President who understands trade and is not bound by special interests and lobbyists to actually implement them that will do the trick. A form of “jawboning” backed up with political will and tough but fair negotiation.
Those manufactured IN the USA wouldn’t be subject to an IMPORT tariff...They are ALREADY here....