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Tariffs are one way to protect domestic industry.
They are completely useless when that industry does not exist already. When an industry doesn't exist and you want to build it, you need subsidies, not tariffs.
Do you believe the US has sufficient industry to protect? Or that we should instead be focused on growing more?
Yes I do. We have chip fabs, car factories, steel mills, all sorts of things. But they've been hurt by the likes of China for a very long time.
Did you know Gary Indiana used to have a Steel Mill? And it was when it closed that Gary went to shit?
And we can do both. We already are subsidizing lots of things.
We are not subsidizing recreating those factories that are gone. Which is a shame.
What you're saying makes sense if we were putting tariffs an those specific industries that we have factories for, but not other industries. Are we doing that?