China steals our companies’ IP, restricts access to their markets and takes advantage of virtual slave labor in order to export poison laced items to the US. I can see a case being made to protect US interests given the non-level playing field.
What ever happened to protecting American interests when and where possible, especially when other countries or the EU protects their concerns?
The right weay to fight our trade problem with China and others is:
Let corporations bring the profits made overseas home to the US at NO TAX on the profits.
Cut EPA down to size.
Do not allow the Endangered Species act to create another spotted owl or smelt situation.
Drill for oil, allow the development of oil sand/shale, etc., so cheap energy is available to industry.
Put the tree huggers, the Sierra Club, etc, in their place.
The actual fact is that we have created a very unfriendly business climate.
No wonder the big guys are going overseas.
Big money flows downhill. There is no way to cure the problem other than to remove the hill.
Tariffs will tramatize the world economy as well as the US buying public. Creating the right business climate will result in a gradual natural transition that will take place over time and thus reduce the shock.