Even with the advent of the Industrial Revolution, Britain initially struggled to compete with the sheer quality and cost-effectiveness of Indian hand-woven fabrics.
They instituted a 100% tariff on importation of Indian fabric to support their nascent mechanized textile manufacturing.
This allowed them to hone the machinery by creating a sandbox to grow their new expertise in. The quality could not match what was produced by hand but the sheer volume and efficiency could easily outdo manual methods.
Over time as they gained political influence, they were able to point guns at and break the thumbs of the right people in India effectively eradicating Indias domestic textile industry.
They then forced Indian markets to accept British cloth with no tariff, making that consumer sandbox bigger.
Minus the colonial / coercive economics at the end there, this is an example of Britain using tariffs very effectively to grow their own industry while taking down a global leader in textiles (one that even the Romans wrote of 1500 years prior).
May well have played out the same without supportive policy, but the protectionism certainly helped them grow their own industry faster and the violent / coercive colonial element helped them remove a traditional, higher quality though analog/manual competitor sooner.
What America is doing is more of a dying empire vibe. Protection for the sake of clinging to the old and familiar way, with no plan or strategy to adapt for the future.
This is absolutely true.
Even with the advent of the Industrial Revolution, Britain initially struggled to compete with the sheer quality and cost-effectiveness of Indian hand-woven fabrics.
They instituted a 100% tariff on importation of Indian fabric to support their nascent mechanized textile manufacturing.
This allowed them to hone the machinery by creating a sandbox to grow their new expertise in. The quality could not match what was produced by hand but the sheer volume and efficiency could easily outdo manual methods.
Over time as they gained political influence, they were able to point guns at and break the thumbs of the right people in India effectively eradicating Indias domestic textile industry.
They then forced Indian markets to accept British cloth with no tariff, making that consumer sandbox bigger.
Minus the colonial / coercive economics at the end there, this is an example of Britain using tariffs very effectively to grow their own industry while taking down a global leader in textiles (one that even the Romans wrote of 1500 years prior).
May well have played out the same without supportive policy, but the protectionism certainly helped them grow their own industry faster and the violent / coercive colonial element helped them remove a traditional, higher quality though analog/manual competitor sooner.
What America is doing is more of a dying empire vibe. Protection for the sake of clinging to the old and familiar way, with no plan or strategy to adapt for the future.