You don’t bring foreign manufacturing here by removing the tariffs. You keep the tariff (adjusted) to incentivize local production, and if needed subsidize them building a factory here. Then adjust the tariff to make the imports more expensive than the local production.
You don’t bring foreign manufacturing here by removing the tariffs. You keep the tariff (adjusted) to incentivize local production, and if needed subsidize them building a factory here. Then adjust the tariff to make the imports more expensive than the local production.