I agree that in the short term, tariff or other trade barriers do indeed raise costs and subsidize an industry or profession. However, in the long run, allowing the destruction of an industry in your home country makes you dependent on others and will in the end cause costs to increase. When Walmart moves in to an area, their prices are incredible... once the local firms are out of business, the prices start to increase. Same thing will happen here.
Granted, that also means that our products will become competitive again... at least until we can ramp up.... and then the dumping will occur once more.
"Granted, that also means that our products will become competitive again... at least until we can ramp up.... and then the dumping will occur once more."
But until then, protective tarriffs are subsidies paid for by consumers to enhance the life style of other consumers. My objective here is too point out that those who advocate protective tarriffs are really no different from those who advocate a "living wage" or any of the other forms of welfare advocated by the socialistic left. The arguments and the logic employed are the same.