Imagine if we were depending on Japan, Germany and China for importing war capacity. Thank you Smoot Hawley.
Are you talking about WWII??? or now. This is a bizarre post.
That is the most incredibly stupid thing I have ever seen in print.
First, Smoot-Hawley effected all imports, not just those from enemy countries.
Second, if there were such an undesirable dependence, then it would have to be cut off anyway, not just taxed to be made less profitable.
You don't cut off your nose in anticipation of one day perhaps wanting to spite your face.