4 ms·
You're not wrong, but there's more than one side to this ledger. Often times, imported things are cheap in a large part because they have massive externalities.
by the_gastropod 7y ago
You're not wrong, but there's more than one side to this ledger. Often times, imported things are cheap in a large part because they have massive externalities. China, for example, can manufacture cheap goods because they have less strict environmental protections than the U.S. The "free market" has always struggled to account for the exploitation of our commonwealth. I think we're at a point in history where we're having to confront that fact, and the solution isn't an easy one.
- DFHippie 7y agoSure. I'm just saying tariffs don't work as simply as most people, notably including the current President of the United States, seem to think they do.
- imtringued 7y agoThey do work but Trumps goals are questionable. What does he actually want to achieve? Move manufacturing away from China? It did happen but the jobs didn't go back to the USA. With carbon tariffs the entire point is to reduce import of CO2 intensive products. The only failure criteria is if people abolish the CO2 tax/tariff.