Blanket tariffs on every country for every sector is bad for global poverty. But tariffs on specific countries or specific sectors can lead to more growth in poorer countries as the targeted countries/sectors relocate factories. This GPI post has looked into the history of that in Bangladesh textiles- https://www.thegpi.org/p/the-garments-gateway-the-power-of
"In 1974, advanced countries began restricting clothing and textile imports through the Multi Fibre Agreement (MFA). The United States and the EU were worried that cheap imports from developing countries could damage their domestic garment industries. There were exceptions, however, mainly for countries whose garment sectors were so underdeveloped they were not considered a threat. One such country was Bangladesh.
Most people working in the development sector will be familiar with what happened next. Despite being written off by advanced countries, the value of garments exports in Bangladesh exploded in the decades that followed. By the early 2000s, the country was exporting more than $4 billion worth of apparel and clothing accessories every year. Today, with $45 billion of export value, Bangladesh is the second biggest garment exporter in the world, behind only China."
Doesn't it depend on the tariffs?
Blanket tariffs on every country for every sector is bad for global poverty. But tariffs on specific countries or specific sectors can lead to more growth in poorer countries as the targeted countries/sectors relocate factories. This GPI post has looked into the history of that in Bangladesh textiles- https://www.thegpi.org/p/the-garments-gateway-the-power-of
"In 1974, advanced countries began restricting clothing and textile imports through the Multi Fibre Agreement (MFA). The United States and the EU were worried that cheap imports from developing countries could damage their domestic garment industries. There were exceptions, however, mainly for countries whose garment sectors were so underdeveloped they were not considered a threat. One such country was Bangladesh.
Most people working in the development sector will be familiar with what happened next. Despite being written off by advanced countries, the value of garments exports in Bangladesh exploded in the decades that followed. By the early 2000s, the country was exporting more than $4 billion worth of apparel and clothing accessories every year. Today, with $45 billion of export value, Bangladesh is the second biggest garment exporter in the world, behind only China."