American companies can compete without government help.
Now Smith is “greedy”?
You are quite the trip, man.
Trade Deficit is not a term used in the Floating Exchange Rate system we have been on since Nixon took us off the Gold
Standard. It doesn’t exist since the exchange is between the commodity purchased and the dollar. Money varies in value every day against every other currency. If we run a “deficit” it just means the dollar is valued at the price of the commodity.
You need to look at the difference between a Floating Rate exchange system and a Fixed Rate system if you have any desire to understand Reality.
The USA became an industrial power because our founders applied tariffs from the start. Thank God they did that. Libertarians and Free Traitors would have us forget that one.