News for hackers. Stuff that matters.
Re:Canada hits back at 'punitive' U.S. tariffs in 'turning p... by hugh4life on Thursday May 31, 2018 @08:58PM (#17201697)
The US when it was industrializing? China now? Protectionism can be good for large nations/markets catching up to other nations/markets.
Re:Canada hits back at 'punitive' U.S. tariffs in 'turning p... by WhompingWindows on Thursday May 31, 2018 @09:30PM (#17201878)
US was industrializing throughout the 1800's, there are empty/converted factories all up and down the East Coast from these. In New England, it was a lot of textiles, metalworking, shoes, parts, etc. What tariffs protected that growth? To me it seems to be a rising production due to rising demand for those products, as factories/mass production wasn't common prior to 1800.
Re:Canada hits back at 'punitive' U.S. tariffs in 'turning p... by hunter23 on Thursday May 31, 2018 @09:42PM (#17201944)
The US had protective tariffs and regulations (along with a lack of free trade agreements) which definitely protected foreign goods and companies from entering the country. Protective tariffs literally started with George Washington with the goal of "the encouragement and protection of manufactures".