Comment by shomp

If you follow the American school of economics (Henry C. Carey), tariffs are actually a good thing, mainly because: 1) other nations all have tariffs (against the US and other nations) making free trade a delightful delusional idea 2) tariffs protect lesser industrialized nations from refining/enhancing raw materials into more expensive goods and selling them back to them. The systematic offshoring of industrial potential to cheaper labor places basically un-industrialized the US. I think it's very short-sighted to say tariffs are bad. What was bad was the de-industrialization of the leading superpower. The cure, if we may call it that, might be bitter medicine. Bitter, but necessary.