er gift we can give a country than free trade. We rarely received an equal amount of benefits from these countries. Demanding a fairer playing field is legitimate, and he wanted the PR. 2) Tariffs are an easier way to grab tax revenue versus changing the tax code.
Here's where the issues are:
1) the US simply isn't ready to take on manufacturing. Decades of misplaced priorities has us lacking the skills needed for a true manufacturing renaissance. Walmart tried a Buy American program a few years ago and uncovered how few products can be made in America
2) the benefits of tariffs won't be felt for years, if ever.
3) there are many materials the US simply does not have.
My preferences
1) leveraging tariffs only on those countries who are dumping product, using slave labor or taking liberties with the environment
2) Revise the tax code and eliminate many regulations
- bring back some manufacturing with lower costs of doing business....tariffs are easier to implement than "giving breaks to billionaires and corporations"
3) leveraging trade for materials rather than investments..."we'll open our borders to your trade but we need X amount of this material at Y cost."
3) national training and apprenticeship program
4) eliminate any sort of secondary school loan program
5) only provide support to countries via private US investment...no more handouts of any kind without a reciprocal "investment in the US