`Protectionism hurts the ultimate consumer of the product.`
So do lots of other things, and you need to balance competing sources of harm against each other. Allowing foreign companies benefitting from protectionist policies drive domestic industries out of business leaves consumers vulnerable to several other harms. You can't just do everything in a vacuum without considering the context because it's the "right thing to do" and expect the best outcomes.
So do lots of other things, and you need to balance competing sources of harm against each other. Allowing foreign companies benefitting from protectionist policies drive domestic industries out of business leaves consumers vulnerable to several other harms. You can't just do everything in a vacuum without considering the context because it's the "right thing to do" and expect the best outcomes.