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I think there is an important difference between trade being forced open at gunpoint, vs. trade deals peacefully negotiated. What's more interesting though is
by smallnamespace 8y ago
I think there is an important difference between trade being forced open at gunpoint, vs. trade deals peacefully negotiated.
What's more interesting though is the inherent impedance mismatch between money and goods (which are highly mobile and flow everywhere) and people and laws (which are much less so).
The crux of the problem is Americans are negatively affected by things that China sells. But what is the remedy?
Should China's government take American citizens' interests directly into account when making its laws? Is that a reciprocal obligation? How far does it extend?
How is it different from the current scenario, where presumably the US State Department identifies the harm, brings it up with China, and negotiates a change to Chinese laws? Should there be a bureaucratic mechanism with quicker feedback? Would that lead to an inevitable loss of effective sovereignty for nations?