FBXL Social

I understand the argument against tariffs, and I agree in the vacuum of economic theory, but the reality is that tariffs are used as a tool and a weapon by every country, and I find it naive at best to expect the United States to abstain while everyone else maximizes tariffs to their advantage.

If country A engages in "dumping" (funded by the government) then country B will not produce those items at a profit, and so they will not produce it.

If there is consumer demand for the widget, and tariffs are applied to prevent dumping, then country B will begin producing that widget for profit, assuming free markets exist.