Your belief the U.S. protects its own industry would be disputed by most Americans and certainly all unions. Since the 80's, the U.S. has relentlessly moved towards free markets which has devastated our balance of trade as we cannot compete with 3rd world wages in the production of most goods. The U.S. has very few protective tariffs in place but I have first hand knowledge of the exorbitant tariffs that the UK has in place on a product that my business exports. By the way, there is not a television made in the U.S. as the business has gone to where the costs of production are lower. That is why we are able to purchase a color television in the U.S. for under $100. Free and open markets can and does displace many workers until they adjust their skill sets to fit a new source of employment.[/quote]SoCal92057 wrote:
The thing is we are talking about stuff we do not make here as such, the USA has long been known for protecting it's own manufacturing in such a way, and to a degree why the hell not? You could loose most of your industry and therefore independence by letting cheaper imports have a free run. But to impose taxes and restrictions on goods from an ally which do not compete in a significant way with your own companies is bad taxation surely? People will only buy it if they have no other choice..it is what it is I suppose.
I may be holding on to beliefs from a long time ago so I'll take your word for it, Toshiba used to make TVs here in Plymouth but as you say labour is cheaper elsewhere, shooting ourselves in the foot on both sides of the pond methinks