Did the United states become rich by stifling its competition?
In a roundabout sort of way the questioner is correct.The United States became rich by stifling the opposition by placing exorbitant tariffs on to any foreign country’s products they decided were a threat to their domestic market. Years ago a country had to compete as individuals to enter the American markets but America place a protectionist ‘ring fence’ to protect its goods.But;At the same time expected preferential treatment in the export of theirs. But all that changed when a group of countries allied themselves together to form a formidable trading block called the Common Market now re branded as the European Union with a population of some 450 million plus people. It has reached the stage whereby if America picks on one country;It has to take on 26 other countries in a trade war. So now we have reached a stage where America is no longer the dominant trading nation as that role has been taken up by China who have had to ‘bank roll them of late.and very soon will be replaced by the
