[Boogieman]

“Or ramp up local production, where we can now compete on price......thus increasing jobs here in America.”

Either way the consumers are getting shafted and paying higher prices. You’re just hoping that the higher prices get funneled to subsidize, well, let’s be honest, welfare for manufacturing workers, instead of going to feed the federal beast through tariffs.

[cincinnati65]

Yep, that's right. But personally, I rather the cost of that price increase be in employing more Americans at home, rather than just a "tax" on importing companies. If we don't fix the breadth problem in our economy, we're through.

There's two solutions in that. 1) Threat of tariff opens foreign markets. 2) Implementation of a tariff makes U.S. products more competitive with newly higher priced foreign alternatives.

Either way, the U.S. economy grows and restores some breadth.