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Tariffs on the EU strengthened manufacturing employment in Germany, but many other EU countries don't seem to have much manufacturing and are poorer than German
by comicjk 9y ago
Tariffs on the EU strengthened manufacturing employment in Germany, but many other EU countries don't seem to have much manufacturing and are poorer than Germany, yet still pay those tariffs. That's consistent with the idea that tariffs provide substantial help to a lucky few while levying costs on everyone else.
- throwaway13337 9y agoBut there is manufacturing in those countries too. Those poorer countries are more able to compete with Germany than with China. Cheaper goods are nice but aren't as useful to people without jobs.