Because its the global market. Why should other countries allow Coke to sell in their markets and depress local soda companies? A person is just an LLC selling their goods/services. Immigration is no different to customs.
All countries are hypocrites, and everything sucks.
If Tesla/GM are so good in this beautiful global market, they dont need no tariffs on Chinese EVs.
Zero tariffs in all imports since it is beautiful global market and competition is good and all tariffs are paid by American consumers
Because they can buy the politicians to protect their own interest. Simple as that, no mystery, case closed.
Labor needs to start voting in better politicians.
who and where they are? these so called "better" politicians?
I think we cannot vote our way out of this and only next level solutions like revolution or protest or "Luigi solution" will make labor's voice heard.
Remember, labor/working class vastly outnumber capitalist class (and have more weapons thanks to 2nd amendment) and capitalists were, are, and will always be scared to death when American labor gains class conscience and starts demanding what they are owed by the capitalist class
American Labor should never support policies that will harm labor and benefit capitalist class (at least without some negotiation).
US citizens should not support policies that will harm working class and benefit employer/capitalist class
When you grow up in an export-driven country, one thing you learn early is that high wages are bad for the economy. And when the economy is bad, it's the ordinary people who suffer the most.
You generally want to keep the labor share of GDP constant, which means that wages should grow about as fast as GDP per capita. If the wages grow faster than that in a field, it's probably bad for the economy. Especially if the field was already highly paid. Unusually high wages typically indicate low productivity (when measured in outputs per dollar). And when productivity is low, businesses that rely on the outputs of that field become less competitive. For example, if making software is more expensive in the US than in other developed countries, American businesses cannot afford to use it as much as their foreign competitors.
you can overlay in your mind chart of FAANG stock total return or VC total returns to compare returns to Capital vs wages
the article: https://aneconomicsense.org/2015/02/13/why-wages-have-stagna...
There is a reason why USA has at-will employment (to screw over labor) and import tariffs (to protect capital)
Your point is moot anyway since countries, including the USA, have protectionist policies.
And? Yes, we know it doesn't benefit US citizens. How many citizens filter for products made by American workers when making purchasing decisions? People want cheap shit, except when it comes to their own jobs.