4 ms·
> What if they tax me back in revenge (hello donald)? just jump 10x their tariff. This will just start _yet another_ trade war with constantly-escalating tarif
by big_chungus 7y ago
> What if they tax me back in revenge (hello donald)? just jump 10x their tariff.
This will just start _yet another_ trade war with constantly-escalating tariffs. Current American president notwithstanding, you'll be putting world leaders in a position of "losing face" unless they constantly raise you. The better part of the world's nations have cultures in which such a loss would be political suicide. This is the reason why the situation with china has been so difficult to resolve.
The better solution is to create a better solution. Renewable energy is rapidly becoming cheaper and will eventually become cheaper than coal or gas. Nuclear is already an option; it has very high capex but is cheaper long-term; the problem is a stubborn bureaucracy. Let the market build something better and the problem will solve itself because using less stuff is more sustainable and cheaper.