4 ms·
That (emulating CCP policies) is exactly what the US is NOT doing. Instead, the US has chosen to surgically target companies from specific countries (in this ca
by perennate 6y ago
That (emulating CCP policies) is exactly what the US is NOT doing. Instead, the US has chosen to surgically target companies from specific countries (in this case, China) in a sensible, reciprocal reaction.
(I see many posters saying the US should pass legislation like the laws that China has, rather than respond in a surgical, targeted way. Doing so would have far more restricting effects.)
When US imposes tariffs on Canada, we expect Canada to impose reciprocal tariffs on the US; these serve to discourage the original action (US-imposed tariffs), and encourage the free flow of trade. Similarly, reciprocal reactions by India and the US serve the exact goal that you mentioned -- leading by example, discouraging other countries from imposing the same restrictions in non-reciprocal ways, and encouraging the free flow of software/information.
- 8note 6y agoAren't reciprocal tariffs illegal? First you have to sue in the WTO, and if the ruling is in your favour, you can put in reciprocal tariffs. And if the country takes off their tariffs, they don't have to pay anything back. Eg. The US not paying Canada back on softwood lumber tariffs
- tensor 6y agoOnly if there is an agreement in place around it. In the case of the US their tariffs are not part of any agreement and so they can and deserve to suffer reciprocal tariffs.