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Let's just say hypothetically the French government was propping some serious money into Airbus and wine industry that makes the United States not able to compe
by syntaxing 6y ago
Let's just say hypothetically the French government was propping some serious money into Airbus and wine industry that makes the United States not able to compete at all. What is the most effective way for the US to respond? Prohibit imports? Slap tariffs like now? Buy a serious amount of Euros? Pump even more money into the US industry? Or some sort of other alternative?
- 8note 6y agoTake the free stuff?
- MayeulC 6y agoThat would create unfair competition for local production, though. Starbucks, Amazon & other big chains/companies have used that strategy in the past: sell at a loss locally, turning a profit elsewhere, until there are no competitors left. Then ramp the prices back up (and above).
- chki 6y agoConflict resolution mechanisms in the WTO are a very sensible solution to trade disputes, if parties actually adhere to the rulings and do not sabotage the decision making bodies.
- esyir 6y agoClause 2 and 3 of your statement here seem to be taken for granted.