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Yeah, I think tariffs should be applied equally to all goods at the border. Maybe you could achieve some sort of useful agreement where countries can get tarri
by cwkoss 7y ago
Yeah, I think tariffs should be applied equally to all goods at the border.
Maybe you could achieve some sort of useful agreement where countries can get tarrif exemptions for meeting similar labor condition, quality, and pollution standards AND enforcing the same tarrif on any country not party to the agreement - making a 'raised standards' zone, somewhat similar to EU. Enforcement may add more complexity than its worth, though.
> So, what you end up needing to do is a 10% across the board tariff for all countries indiscriminately. But that can put you in a pretty big financial disadvantage if you are the only country doing that.
I don't think this would actually be that bad. For one tariffs go into the coffers: we can use those funds to subsidize local manufacturing of goods our country cannot produce competitively vs other nations and help achieve local economies of scale.
- cogman10 7y agoYeah. The big thing for me is you'd want to discourage big shipping vessels burning bunker fuel. Even with equal pollution/labor standards, shipping something from china to the US probably shouldn't happen. I could see an exception if nuclear powered shipping became a thing, but that isn't really likely (I wouldn't want a shipping company in charge of nuclear waste management). That leaves us with battery electric shipping and... well... that's a TON of batteries. Battery density would need to be WAY higher than it is (like, near fuel density)
- McWobbleston 7y agoMaybe hydrogen instead of batteries for ships?