Tell those americans working in foreign auto plants that make light trucks. the tariff on light truck imports is the reason why Toyota, Nissan, etc al, are building pickups in Texas and Alabama.
if the current free trade policies continue - we will lose the private sector middle class in the US.
Business only exists because it is profitable. When it ceases to be profitable, it ends. Protectionism is an attempt to make an end-run around this rule, and ultimately it fails.
You would have the government pick losers and winners.
What benefits the steel industry comes at the expense of the auto industry, not to mention consumers. What's good for preserving manufacturing that is no longer economically sustainable is bad for farmers, who rely on exports to make a living.
Gosh, I wonder if those Americans are out-numbered by the ones who are forced to spend more money on light trucks, and I wonder how many fewer are sold for the same reason.