I am a passionate proponent of foreign trade… Notice I didn’t say “free trade”… Free trade implies two or more countries trading freely with one another… Quite frankly, I’m not concerned when a foreign country tariffs a U.S. product, but it troubles me to no end when we tariff a foreign product; when our policymakers favor a select industry over the U.S. consumer… Not to mention the fact, as I’ve illustrated here ad nauseum, that tariffs can exact real harm upon their host economy…
That said, I would never discount any American’s desire to buy American… It’s a personal call… And, per the video below, there are indeed instances where one might even buy USA in large scale without severely hitting one’s bottom line…
The cost of constructing the featured home in Diane Sawyer’s report, using only U.S. made materials, was a mere 1% more than it would have been using the standard array of foreign made materials… Now of course, in most cases, 1% on the cost of a home is at least a couple grand (that someone will eat), but nonetheless, to many that would be a price worth paying to support American industry… And I totally sympathize….
The one caveat that I don’t believe I’ve ever seen addressed in expos