You're just going to Galapagos your economy. Consumers won't put up with high prices and inferior goods. Unless you want to restrict internet/information access so your consumers don't know what they are missing out on.
Well the short version is that Robert Rubin and company sold our industries for parts years and years ago. And now we have to rebuild the industrial base from scratch
Nah, I live in the UK, prices are higher than eu, public service is much worse, but public are voting for the party with members that brought this about.