The passage of NAFTA in 1994 led to a Canada and Mexico. As a result, total job creation in each nation increased and exports between the U.S. and these countries grew. This might be why Joe Biden has supported increased wages for American factory workers. President Trump's trade war with China decreased job creation and wages. The post-World War II time period represented a decrease in U.S. tariff policy. NAFTA was passed, leading to increased revenue, job creation, and a healthier economy. The year 1930 was the year of the Great Depression. The Smoot-Hawley bill passed and Congress largely shut down global trade, leading to a more efficient approach to trade policy. The revenue era began. The following political reasons for tariffs and quotas typically receive virtually no support from economists: a) To combat the dumping of products at artificially low prices by rival nations, b) To promote domestic job creation and protect the environment, c) To protect the automobile industry - and even more so to protect the steel workers, d) To close the trade deficit and promote human rights. For Adam Smith, the idea of a person from Venezuela leaving their homeland to find work in Florida is consistent with capitalism. After all, that person is rational and motivated by a desire to have more money, freedom, or other beneficial things.