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Tariffs have advantage only when they are balanced.
Every tariff gives an advantage to only one small sector of a nation's economy. Unless the tariff is balanced, it will always harm another domestic economic sector.
So, in Japan, a nation that survives on export but still needs to be able to feed its people, the farmers are protected by tariffs because there are so few of them and the Japanese farmland is so small.
The population of Japan is too large for their farmers to feed them all, all the time. In the worst case, Japan's farmers could keep all the citizens alive, but in a state of semi-starvation.
The Japanese farmers are mostly aging, and like here, their children have left the land to make more money in the big city. So the tariffs help the farmers while offering their kids a life back on the farm. Even though Japan's arable land is tiny, it still needs more human hands to make a crop as it ever did.
So Japan only tariffs some critical foodstuffs. But it's manufacturing sector has no tariffs. That's the balance their economy needs.
Trump's tariffs have no balance in them, as he uses tariffs as a punishment. They have no incentives in them, and as punishment, the tariffs always hurt Americans more than the other country in a free-market world.
I can't fight 13 years of the indoctrination.
*sigh*
This is a short read. Maybe it will help but I doubt it.
I dont see how lumber farming can be that lucrative, even with softwoods like Pine, and D Fir, it takes a LONG time to grow to size, and when you get to the hardwoods, like oak, its MUCH longer, we are talking generations here!
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