Tariffs protect industries and businesses, especially vital industries, from unfair foreign competition. Tariffs prevent huge sums of income from leaving the U.S. America became the industrial giant of the world behind the protective walls of sky-high tariffs for decades.
No, tariffs did not cause or contribute to the Great Depression--that's an old Democrat myth that was floated by FDR and his crowd to attack Republican trade policy, and it's a myth that some Libertarians misguidedly, mistakenly repeat.
Numerous nations around the world have developed their economies by using high tariffs. Think about this: If tariffs are so bad for consumers and the economy, why do so many other nations impose tariffs, including Canada, Mexico, China, Brazil, Argentina, the European Union, Japan, India, South Korea, and Taiwan?
Some reading for further research:
The claim that tariffs are inherently misguided and inevitably harmful does not stand up to scrutiny, especially when it comes to U.S. trade with China
www.tabletmag.com
Americans should not be gaslit into having to choose between sovereignty and safety or low prices.
thefederalist.com
Days after Volkswagen, the #2 automaker in the world, announced making $20.6 billion in profit in 2024, a new UAW survey of VW workers in Chattanooga reveals the devastating financial toll of VW’s substandard U.S. health care offerings.
uaw.org
To make America make things again, tariffs are the only option.
thefederalist.com