“Re industrializing will improve our national security for generations to come.”
I do not believe tarrifs are the route to “re indutrialization”. I think that is a simplistic answer to a more complex problem.
No kidding. Income taxes only finance half government spending today and tariffs are only 80-90% of existing revenue. Apple for one couldn’t source all component parts domestically even if it wanted to, so wouldn’t even HAVE an iphone without imports never mind the astronomical cost and supply/demand issues. Under this proposal the government would still be subsidizing manufacturing of radios, alarm clocks and compact discs.
So what has the lack of a tariff for 50 years done to industry? I see towns all over VA that are really f’d up that were viable indistrial producers a few decades ago. But who cares about that right?