Red herring. It’s more campesinos in Mexico and prison and slave labor in China I’m concerned about than whether Japan is selling below market. We will never be successful competing against slave and serf labor, and we shouldn’t be condoning it even if we could.
I disagree. It's not a red herring. If an industry in this country can't compete in international markets, why should we protect them, especially if they are not "strategic" industries? If you raise import taxes and quotas high enough, it becomes feasible to raise coffee in Alaska, but the consumer would bear the brunt via higher prices. Protectionism is rarely to the benefit of the public and is almost always subsidizing a specific industry.