And guess what!? Another market stepped in to create those products. Here’s a hint...it wasn’t a large US company that stepped in to fill the gap left with a large tarrif either. In each of the years you cite it was a liberal instituting those policies and yet we cheer for larger government. Yay for Government.
When folks realize it’s regulations and corporate taxes destroying business we’ll be better off. We cheer what history has already proven is a failure. Tarrifs destroy the middle class not enrich it. History has proven this.
But hey cheer it up
You can reduce regulations and taxes to zero on your own producers and still lose when another country is subsidizing their own producers. What is your solution then ? Subsidize our own producers ? You are then a big government, globalism spewing cheerleader. Refusing to fight back when someone is beating on you does not make you “noble”, it makes you an idiot weakling.
Tariffs DO NOT destroy the middle class! Tariffs protect the middle class by evening the playing field. They are used as LEVERAGE by a wise negotiator. You’re right about regulations, but dead wrong about tariffs.
We’re going to cut those too. Cheers.
You’re basically an idiot. China and Korea both dumped steel on the US market duty free for decades and drove our steel industry under. I worked at a materials supply company for a few years. I saw it first hand. Especially rebar and pipe.