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Burnley123 · 41-45, M
To have tariffs that rebuild American industry, you'd also need to have an industrial policy.
Leaving it to the market means that prices rise and there is a scarcity of goods. Domestic production van rise to meet the demand but it's a process that takes a few years, whereas the harm done by tariffs kicks in instantly.
Leaving it to the market means that prices rise and there is a scarcity of goods. Domestic production van rise to meet the demand but it's a process that takes a few years, whereas the harm done by tariffs kicks in instantly.