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"Creating a competitive advantage for either foreign or domestic manufacturers violates the principles of United States trade agreements with other countries." [1]

Tariffs can be used to adjust the market price of goods manufactured outside of the United States to discourage the export of jobs to cheaper job markets, thus eliminating competitive advantages present in countries that lack the restrictions placed on United States manufacturers (e.g., minimum wage, workers' compensation insurance, unemployment insurance, etc.) until such a time as these restrictions are implemented.

Tariffs are but one of many diplomatic tools at the disposal of nations to ensure that no single nation gains a competitive advantage over any other nation also bound by the same trade agreements. The answer, in short, is that tariffs can protect American jobs and wages to the extent that they mitigate unfair advantages gained by developing nations with lower mean wages, but no further.

[1] http://thomas.loc.gov/cgi-bin/query/z?c111:S.1606:

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Q: Do you think tariffs protect American jobs and wages?
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