3 ms·
The US being a free market and China tightly controlling it's markets is precisely what's unfair. Think if it like a tariff. When a country establishes a tariff
by manfredo 6y ago
The US being a free market and China tightly controlling it's markets is precisely what's unfair. Think if it like a tariff. When a country establishes a tariff, most other countries set up their own tariffs in response. This is fundamentally the same thing. China banning Facebook, Twitter, et al. is effectively a tariff on US tech companies. Now the US is setting up its own tariffs in response.
- chrischen 6y agoIt wasn't fair to begin with. Countries by default have tariffs (EU, Japan). Crying unfair is just playing to the capitalists that want access to a disadvantaged market with little to no developed competition. If you've been to China you know how developmentally challenged they were, and with over a billion people developing a strong local economy will inevitably play into the "unfair" trade policy accusations. The US chooses to open its markets up to foreign players, and generally does not demand reciprocal market access for it unless there's a political motive, which, in this case with China there is (the US wants to curb the rise of a competing world power).