What about the over $2T in US goods and services exports your tariffs will kill?
Where do they fit into your model?
The USA's exports are already subject to burdensome duties and tariffs now. Other countries can't retaliate because the have already used up their ammo. You actually are so misinformed as to not know that we are in a one sided trade war now? Where have you lived for the past 4 decades?
“What about the over $2T in US goods and services exports your tariffs will kill?”
God forbid we destroy our scrap cardboard export industry!
http://www.wsj.com/articles/SB10001424052748704360404576206250585521170
“Scrap paper exporters say they create jobs, help drive down the U.S. trade deficit, and assist in the Obama administration’s goal of doubling exports by 2014.
“People complain that we don’t make stuff in the U.S., but this creates a whole industry,” said Clark Hahne, of Newport CH International LLC, a waste paper exporter in Orange, Calif.
In Carson, Calif., individual and commercial scrap collectors looking to sell their hauls start arriving at the three-acre Corridor Recycling yard at 6 a.m. and pull in all day, backing up trucks to huge mounds of loose cardboard and unloading them.
One regular, José Jimenez Leyva, 58, who had just dropped off a load, said local stores know him and save their boxes for him. He saves the stores the trouble of having to go to the landfill, and he earns about $90 dollars a day. “This is where I get my money for rent and bills,” he said.
Mr. Leonhardt, who arrived in his white pickup loaded with boxes, said he was laid off from a shoe manufacturing company in 2009, and that his unemployment checks ran out in December. He heard about box collecting from a neighbor, who mentioned that prices were going up. “I’d like to earn halfway decent wages again, but for now, this is a help,” he said.”