I know that facts are your enemy
1. The US cannot produce goods cheaply enough to compete with countries such as China.
Nor could the North produce cheap agricultural goods to compete with the (mostly Southern) salve states. Do you seriously intend to try to defend slavery and exploitation because you don't want to risk somewhat higher cost?
The money we pay for those goods currently go to international companies. By encouraging local/national production, we increase our national security (via our industrial independence), create American jobs, and keep the wealth generated in America.
2. Americans buy foreign goods more than US goods... Because they're cheaper.
Because of slave labour and a total lack of meaningful labour and industrial standards. Again, do you seriously intend to defend slavery, exploitation, and pollution just to avoid paying a few bucks more for something- especially when you're currently sending the money out of the country and helping make America dependent on a nation that has long been our enemy?
3. We have priced ourselves out of the market because of our Unions.
So paying a few bucks less is more important than not sending your child to a coal mine at 10-years of age, not pumping the pollution from the paper mills directly into the river, and having some sort of safety standards for you and your fellow workers?
Require all imported goods to meet our minimum standards, including environmental protection and roduct safety [lead, cadmium, etc]. Protectionism worked during this nation's guilded age and it can work again as one aspect of rebuilding this nation.
Some of us care about other human beings and also our country. Clearly, you care only about the bottom line and your bank account. That's the difference between you Bourgeois Liberals and Old Capitalists and we on the left who possess souls and morals.
4. Foreign owned businesses invest VAST amounts of money into the US economy.
How much money do they inject into our economy, how much do they create that leaves the nation, and how much is American independence and sovereignty and your own job worth to you? We can protect America, Americans, and human beings- or only the pocket books of people who would exploit useful idiots like you. I say we protect our nation and human beings. What say you? Are you on the side of America and Humanity or the side of the Bourgeois Capitalists?
5. If we adopted the OPs "idea", we would enter a massive depression that would continue for decades.
When did I express support for the OP's proposal?