[benlivengood]

> Unfortunately such policies lead to higher costs for consumers and lower economic growth.

Money circulates faster with more well-paying jobs which would result from increasing on-shore manufacturing.

I think the key is to phase tariffs in linearly over several years (perhaps even decades). That gives the domestic economy time to adjust wages for the higher price of domestic manufacturing and doesn't have an immediate negative result on foreign countries. It should drive foreign countries to improve human rights and labor laws to avoid tariffs and stay in the market. Domestic investors should see increasing tariffs as an investment opportunity instead of a cost, and balancing the rate of tariff increase could be another tool for the central banks to encourage growth.

> Worse, these policies also tend to lead to war. One of the big reasons we've had relative peace between world powers for the last 75 years is that our economies have become closely intertwined, so no politician or corporation can stomach the economic costs of war. If global trade starts to break down we'll head directly into World War 3.

That's why increasing tariffs slowly is appealing; it doesn't destroy global trade by disruption. Countries with minimal labor laws would face a choice; fully isolate (like North Korea) or gradually improve human/labor rights to remain a functional part of the global economy.