5 ms·
Some, maybe dumb, thought. Imposing tariffs and therefore reducing the goods that are transiting to (and from) the US across the globe is not, indirectly, ecol
by edhelas 8y ago
Some, maybe dumb, thought.
Imposing tariffs and therefore reducing the goods that are transiting to (and from) the US across the globe is not, indirectly, ecologically good?
Less goods transiting, less transport to bring them across oceans, less container ships, less oil…
- lpcam33 8y agoThat's my opinion. For me this protectionism could be a good thing environmentally, and even socially if the tariffs income are well spend. For instance if we spend this tariffs in a UBI we could use this to change the economy to a more efficient and local economy.
- lostlogin 8y agoBut it’s more efficient to mass produce rather than have every country producing everything it needs. On top of that, some countries have inherent efficiencies in producing some items - proximity to resources for example.
- lpcam33 8y agoYou have the effect "mix vs sort" that shows that if you are very good making thing you are bad distributing them. So mass production is not as effective as local production if you account transportation externalities.
- tonyedgecombe 8y agoPoorer countries struggle to look after their environment, if China's economy is slowing they may be tempted to burn more coal or dump more waste in their rivers.
- gonvaled 8y agoThis applies to trade in all directions. Funny how the US has been advocating for trade while it was "winning" (read, giving worthless papers for real goods). Since now we are hitting a wall (competing economies asserting themselves, and willing to be freed from the dollar), and since the US prsident seems to disregard, or not aware, of the massive advantage that the dollar means for the US economy, a trade war has been started. This war will either be won by the US on the short term, or the dollar will be dismissed as international currency.
- planteen 8y ago> giving worthless papers for real goods > This war will either be won by the US on the short term, or the dollar will be dismissed as international currency. Remind me what the Yuan, Yen, and Euro are backed by? Or are you saying that the world will go back to the gold standard?
- engi_nerd 8y agoSeems rather binary.