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To: Sopater

High import tariffs worked well for America for it’s first 180 years. It was a mistake to abandon them.

Low tariffs with trading partners that are equal in wages and social structure like Europe can make both countries marginally wealthier but the downside is they become economically entangled and dependent on each other. Washington warned us about unneccessary foreign entanglements.

Low tariffs with third world countries that have lots of unemployment, simply offshores our industries and jobs to those third world countries. Resulting in higher unemployment here, the loss of industries and associated jobs, and again results in unnecessary entanglement. It lowers prices to consumers but it results in unemployed Americans so it has multiple negative effects.


8 posted on 07/27/2018 12:51:32 PM PDT by DannyTN
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To: DannyTN

If you say it twice, does that somehow make it more believable?


12 posted on 07/27/2018 1:01:55 PM PDT by Sopater (Is it not lawful for me to do what I will with mine own? - Matthew 20:15a)
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