It's hard to support this when the effect will be higher prices for consumers and literally nothing else. It's a noble goal but man, wrong bill, wrong time. All the shit is still going to come from the same factories in China because no one else is making most of this stuff, the tariff isn't going to move the needle to on-shoring most of these industries, for Temu it's textiles. I really don't believe that this tariff will buy the US anything.
> The Biden administration said the proposal would help “protect consumers from goods that do not meet regulatory health and safety standards.”
Exactly. The idea of global trade is supposed to be about comparative advantage. Let Iceland with their cheap geothermal power make aluminum and trade it for US agriculture. But since the shipping container, trade is no longer that. It's about allowing businesses to circumvent the labor and pollution controls at home leaving local industry uncompetitive.
Tariffs are taxes, and good taxes will promote things we want and decentivize things we don't want. I'm much more sympathetic to complaints about solar panel tarrifs than I am about tariffs on cheap purses and fidget spinners.
> The Biden administration said the proposal would help “protect consumers from goods that do not meet regulatory health and safety standards.”
This for your safety, of course.