02-02-2025, 09:36 AM
Tariffs by themselves are bad as they make things more costly. I think the tariff on Mexico makes more sense than the one on Canada. What you can achieve with a tariff is an equal playing field, in the specific example of China, one where government subsidies, lack of environmental regulations, lack of interest in human rights etc. etc. are compensated by artificially increasing the prices of Chines products to the level they would be had it been produced locally. It makes total sense in the case of China as they are actively using this to gain more power over the world.
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