That's fine. When all the production leaves and people far exceed jobs, as I said, we will pay people to not work.
You don't think we won't protect ourselves with Tariffs before that happens? Which... We could do RIGHT NOW to help the dollar stay strong and give the people more buying power... Why do you choose the worst option to do?
Tariffs have never protected us. It didn't in the 1930s, and it won't today.
Protectionism will actually drive out manufacturing even more.
The irony is, China is the clearest example of that playing out.
Before the 1978 liberalization, and the Free Trade Zones, no one really had anything manufactured in China. Why? Because it cost to much.
The free-trade zones in China, is what caused the economic boom, along with economic liberalization.
Remember, there are 330 Million people in the US. There are 8 Billion people world wide. So if you have $500 Million dollars to build a manufacturing plant, where are you going to build that plant? In the US, which due to protectionism will only be able to market to the US?
Or would you build where you can serve the other 7.5 Billion people in the world, in a free trade zone?
Apple, Ford, and numerous other large companies, all make more money outside the US, than they do inside the US.
If you put in trade barriers to prevent free trade, companies are going to invest outside the US, rather than inside. There are far more customers, and more money, to be made on the world market, than on the US market. If you make protectionism an "us or them", it's going to be them, not us.