But think of all those high-paying jobs in the oil services industry the U.S. will create if it enforces a mandatory minimum price of $3.00 per gallon. Isn't that the concept behind a tariff?
Harley Davidson was saved by tariffs. and even today, the US has a tariff on imported light trucks, which is one reason why Mercedes and Nissan build theirs in Alabama and Texas.
I guarantee you, that if car makers made a big move to build assembly plants in China for all their cars, to bring them back to the US - you would see tariffs on those imported autos. Because the auto manufacturing industry is one of the few with enough political clout to make it happen.