Cheap import without tariffs are taxes, too.
If a person sells a product at $10, but is undercut by foreign products at $1, he has suffered a $10 loss at the hands of government. That’s a $10 tax.
Free Trade is not Fair Trade.
How can Americans with a high standard of living compete with slave labor or people living in mud huts?? That’s not fair to ask them to do that.
It just a race to the bottom when that happens.
——Cheap import without tariffs are taxes-—
The tax is negative
Americans like negative taxed imported goods