In reality, tariffs are good for the economy insofar as they counteract market inefficiencies created by adversarial trade practices. China's anticompetitive tactics in particular give Chinese companies an unfair cost advantage over American companies, which unnaturally shifts business, production, and jobs out of the United States.
With tariffs, we can prompt companies to think twice before pouring money into cutting-edge technology and advanced manufacturing equipment in China. Without tariffs, we remain vulnerable to adversarial manipulation. Tariffs skeptics ignore the catastrophic cost of that vulnerability.
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