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by JumpCrisscross 324 days ago
> tariffs also function to incentivize domestic reindustrialization

The problem is nobody in D.C. has a strategy for tariffs.

Either America is facing unfair international competitive barriers, in which case the tariffs are punitive and to be negotiated away. Or America is erecting permanent trade barriers, in which case there aren't trade negotiations because that would compromise the long-term investment thesis for re-shoring projects.