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A back-of-the-envelope calculation suggests that a tariff of about 100% would be required in order to make domestically produces t-shirts price competitive with shirts imported
A back-of-the-envelope calculation suggests that a tariff of about 100% would be required in order to make domestically produces t-shirts price competitive with shirts imported from Bangladesh. This would more than double the cost of a shirt from $12 to $25.
Would you support such a tariff? Or does this seem like too much to pay to bring textile jobs back to the US? If it is too much, how much extra would you be willing to pay per shirt to support American workers? And what becomes of the workers in Bangladesh? Would a tariff be unfair to them?
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