4 ms·
It's not a 25% subsidy, it's a tariff. Moving to China would force the American MNC to pay the tariff on the full value of the product sold to the US market ra
by rsj_hn 5y ago
It's not a 25% subsidy, it's a tariff.
Moving to China would force the American MNC to pay the tariff on the full value of the product sold to the US market rather than on just the foreign components.