1 Business lobbies to get oppressive tariffs promising it will spur innovation
2 Tariff passes, business market value rises because of reduced competition
3 Business stops innovating because there is no foreign competition
4 Business shares stagnate without innovative product line because there is little need to innovate
5 Business lobbies for higher tariffs, repeat from step 2
It can be argued that tariffs are little more than Pyrrhic victories for the industries involved that hold back the nation as a whole and create a downward spiral