4 ms·
No, it doesn't matter that there's no domestic manufacturing of X today. If you put a sufficiently high tariff on X you'll get it made locally sooner than late
by avar 3y ago
No, it doesn't matter that there's no domestic manufacturing of X today. If you put a sufficiently high tariff on X you'll get it made locally sooner than later.
Tarrifs are crude but very effective centrally planned price signals.