You're halfway there. You are correct in that, a life of cheap consumer goods will come to end, but you aren't thinking like a corp.
If I have a facility in Mexico and want to sell cars in the US, can I afford to exclude myself from that market... No. So how do I avoid paying tariffs?
I move my factory to the US and employ Americans. American products for American workers.
Free market economy doesn't work if your labor market is competing with slave labor and American goods are tariffed at the foreign border. Globalisation is what is killing the US and an anti-american sentiment in trade agreements. Not Tariffs.
More manufacturing creates a surplus of jobs, and increases wages... which increase tax revenue.
More jobs, less people, more competitive wages to attract talent.
The same way it did during his first term.
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Most will just close down instead. Consumerism will begin to shutdown. The recession is already here anyways, this just covers the tracks. Nobody wins in trade and tariffs wars. ever.
It will take a decade if not more to do so. by they time, the Dems will take control back likely.
Free trade is the only way. we don't have it now, and we certainly should not encourage the lack thereof however.
I don't particularly think it's good if companies employee Americans for manufacturing these foodsor. We are not industrializing anymore.
Trying to understand your comment that we are not industrilizing anymore.
Do we have more products or less products than before? Each one of those products is make in a factory.
Again, we've already had trump and everythong that everyone said isn't possible anymore was turned on its head. Namely "those jobs are gone forever"... But they weren't.
