An interesting addition to that would be any tax revenues originating from such country would be earmarked/donated to go back directly to that country to improv

An interesting addition to that would be any tax revenues originating from such country would be earmarked/donated to go back directly to that country to improve environmental, labor or human rights standards. By donating it back to the country, it becomes less of a protectionist tariff and would potentially improve conditions there, but at the same time would make companies in the US who are subject to stricter regulation more competitive.