4 ms·
Tariffs are anti-competitive, a tax on the economy, and go against all sound economic theories. I am out of the market, you should be too.
by hsnewman 8y ago
Tariffs are anti-competitive, a tax on the economy, and go against all sound economic theories. I am out of the market, you should be too.
- frgtpsswrdlame 8y agoTariffs do not go against all sound economic theories lol.
- tclancy 8y agoJust most of them. Certainly there are some edge cases where the other country's tariffs are so egregious the damage to the home country's citizens/ economy is helped by the tariff and they can be used to prevent dumping, but in anything close to ideal markets/ classical economics, tariffs are more likely to impose a cost on the host country's consumers while giving most of the benefit to a small group.