3 ms·
The short term "necessities" for tariffs aside, I don't see why in the long run we shouldn't be working toward eliminating all tariffs to begin with. The argum
by zarro 7y ago
The short term "necessities" for tariffs aside, I don't see why in the long run we shouldn't be working toward eliminating all tariffs to begin with.
The argument:
-The US consumer buys $100B in Japanese products.
-Japan consumers buys $50B in US products.
US cries: We spent $50B more on your products, you MUST buy ours or we will raise tariffs.
How is that fair? I provide you with a product you wanted, and now instead of being allowed the same courtesy I have to chose between accepting a product back I don't want, or being hurt on my ability to reach my customer base?
It just seems like a mechanism for less productive producers to cheat by using the government to show arbitrary favoritism instead of actually working on improving their product(s) to service ALL their customers better.