Most in this forum would agree that raising the cost of labor through raising the minimum wage will result in fewer jobs. Why doesn’t raising the cost of labor by applying tariffs result in fewer jobs?
And, yes, tariffs do raise the cost of labor since ‘protecting jobs’ means you will pay more for those ‘protected jobs’.
It lowers the cost of labor in other countries to the point where the quality suffers.
Meanwhile back at the ranch, one can explain how tariffs address the core issues of why businesses are fleeing this country.
Meanwhile back at the ranch, no one can explain how tariffs address the core issues of why businesses are fleeing this country.