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Again, as I understand it, the standard argument is that product tariffs prevent, say, child labor, since cheap foreign products, produced as cheaply as possibl
by teddyh 4y ago
Again, as I understand it, the standard argument is that product tariffs prevent, say, child labor, since cheap foreign products, produced as cheaply as possible with unsafe child labor, can still not be profitably sold domestically since the tariff makes domestic products comparable in price. This makes foreign child labor less common, since it is not economical to produce products abroad for the domestic market. This seems like a reasonable argument to me.
I also repeat myself: this theoretically also preserves the domestic economy, which would otherwise be outcompeted by cheap foreign companies.
- JAlexoid 4y agoUS had tariffs on foreign made sneakers, when the Nike scandal hit. EU has tariffs on foreign made clothes - yet multiple examples of child labor were discovered in multiple clothes retailer supply chains. This argument has been proven to be false - empirically.
- teddyh 4y agoIf it was still economical to produce foreign products for the domestic market, then the tariff were not high enough to prevent it. The mere existence of tariffs which proved too low does not disprove the entire concept.
- unethical_ban 4y ago>EU has tariffs on foreign made clothes - yet multiple examples of child labor were discovered in multiple clothes retailer supply chains. Maybe the tariffs aren't high enough! Or perhaps a government of the people and not of profit would outright ban merchants such as Nike and others that source slave labor.