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Right now in the US there is an anti free trade sentiment coming up. Capitalism is about making products where its cheapest and most efficient. The chance that
by Tsubasachan 7y ago
Right now in the US there is an anti free trade sentiment coming up. Capitalism is about making products where its cheapest and most efficient. The chance that companies will move their production to the US willingly is very low. The chance that the rest of the world is willing to pay a premium for products made in the US is very low.
There is a reason why economists don't like tariffs very much.