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[–]dcjogger 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Wow.

You don't need to be a libtard to understand that trade wars are bad.

No one is saying companies cannot make goods in the USA.

The problem is that North Korea has closed borders, but no one wants to live a police state.

Hong Kong has no tariffs, but they are rich.

https://www.worldatlas.com/articles/countries-with-the-fewest-prohibitively-expensive-tariffs.html

The USA benefits if a country dumps products on the US. If a nation sold $50 tires to the US for $40 then the USA wins by getting cheap products.

If a foreign country had a 200% import tax then their prices would be very high.

A country would get jobs in the short term by exporting products at a loss, but eventually they would go bankrupt.

You cannot get rich by decree. You cannot set rents at $10 per month, wages at $1000 per hour, and have 200% tariffs with no consequences.

Fundamentally, there are only two ways of coordinating the economic activities of millions. One is central direction involving the use of coercion - the technique of the army and of the modern totalitarian state. The other is voluntary cooperation of individuals - the technique of the marketplace.

This is not the Soviet Union.

If you want more jobs and want to compete on the world market then the USA needs to cut wages and reduce regulations. You can't pay Americans $23 per hour and expect to compete with Chinese workers who will work for $1 per hour.

https://www.huffingtonpost.com/2012/03/08/average-cost-factory-worker_n_1327413.html

Trade wars made the Great Depression worse. Those who fail to learn from history are doomed to repeat it.

http://fortune.com/2018/03/06/trump-trade-war-smoot-hawley-steel-aluminum-tariffs/

https://www.forbes.com/sites/timworstall/2016/03/30/americans-dont-want-american-goods-they-prefer-imports/#396d763e5e9c

https://edition.cnn.com/2016/01/27/health/ellis-island-tour-hospital-complex/index.html