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Punishing Chinese companies for being government subsidized feels wrong on a lot of levels, the first of which being we subsidize the shit out of our own domest
by Spivak 3y ago
Punishing Chinese companies for being government subsidized feels wrong on a lot of levels, the first of which being we subsidize the shit out of our own domestic industry and two because it presumes that the american way of organizing an economy is the only valid one.
- mschuster91 3y agoThere's rules on how to do subsidies and an international organization supposed to safeguard these, the WTO. China is violating these rules on a scale that puts the US and Europe combined to shame, the absurd thing is that it's the US who is currently blocking WTO appointments.
- machiaweliczny 3y agoIt's not wrong if they are abusing human rights/dignity to get there or eating up environmental costs. You might not want to compete with that and tarrifs seem fine in that scenario.
- Spivak 3y agoThat I 100% agree with and I wish we were more aggressive about not trading with countries that abuse their workers.
- dotnet00 3y agoSeems reasonable enough to not want to allow companies subsidized and essentially controlled by an adversary to potentially take out domestic industry. After all, unlike in democratic nations, China doesn't have to worry about how heavily subsidizing certain companies will be perceived, and Western nations have already seen how bad of a mistake building a strong reliance on a single nation ended up being for the reliability of their supply chains.
- 93po 3y ago> adversary The American government is a bigger adversary to the American people than the Chinese government
- klooney 3y agoAll auto manufacturers are heavily government subsidized, all over the world, for whatever that's worth.