[passthefist]

And I've seen some articles/papers suggesting that protectionist policies can make sense for an emerging/developing economy to make sure that established/developed economies don't usurp that growth by blocking them from moving up the value chain.

So it may have been good policy back when America was a fledgling economy being exploited by the Brits.

[oldsklgdfth]

I believe that is the way that S.Korea developed it's economy. Specifically, they raise tariffs on automobiles to boast their own automotive industry.

I think this book explains that: https://www.amazon.com/Bad-Samaritans-Secret-History-Capital...