jacquesm says "Whether other countries are stupid or not has no bearing on the discussion, that's just a distraction and the way the USA has been wielding tari

jacquesm says "Whether other countries are stupid or not has no bearing on the discussion, that's just a distraction and the way the USA has been wielding tariffs over the last period is destructive in ways that will affect the country for decades to come." I said nothing of the kind. You are injecting that statement here yourself. --------------------------------------------- Returning to the topic of interest: Tariffs do work: they protect certain industries and keep them onshore. For instance the manufacture of nuclear warheads by the USA is an onshore industry and will remain so. I am certain that Japan or North Korea could eventually make a cheaper and probably even a better nuke but b/c I don't want to be forced to do periodic quality control tests and checks. The USA chooses to keep the industry here. But as far as I am concerned, I'd also like to keep hand tools as a protected onshore industry.