04-15-2024, 12:32 AM
That's why you don't tariff things we can't make.
And why you only put high enough tariffs to encourage domestic production of things we don't make but can until we have an industry that makes them up and running.
And why do you assume that the tariffs are the problem when the problem is clearly that domestic taxes (higher because we don't have enough tariffs and are losing our tax base as industries offshore) and regulations are so high?
The answer is clearly that we need to lower taxes and shift more taxation to tariffs and lower regulations so that somebody sees that opportunity to produce that special wool fabric at a lower price and starts a new factory to produce it here.
You can cherry pick all the edge cases that you want, but the problem with them is never actually tariffs in principle, maybe bad tariffs, but not tariffs, and most often the problem is something entirely different like taxes and regulations.
And you don't get to blithely disregard the far more destructive effects of Free Trade that has cratered our manufacturing capacity, increased our foreign entanglement, and reduced thousands of once thriving American towns to Rust Belt hellholes.
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