Tariffs can be paid by the export country, indirectly. They usually have to lower the price of the commodity to make it competitive under tariffs.
Under Fordist economics the domestic industrial boost would lead to increased wages and buying power.
Under neoliberalism the domestic industrial capitalists gain a larger market share and then don’t pay their workers more. Then they are faced with the problem of what to do with products that are unaffordable.
Tariffs can be paid by the export country, indirectly. They usually have to lower the price of the commodity to make it competitive under tariffs.
Under Fordist economics the domestic industrial boost would lead to increased wages and buying power.
Under neoliberalism the domestic industrial capitalists gain a larger market share and then don’t pay their workers more. Then they are faced with the problem of what to do with products that are unaffordable.