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Then Chinese stuff will get hit by tariffs, as it was the case with Chinese steel.
by TheLoafOfBread 3y ago
Then Chinese stuff will get hit by tariffs, as it was the case with Chinese steel.
- starbugs 3y agoGermany is not the US. We are not energy independent. In fact, we are not independent of anything other then water maybe. Germany is reliant on exports. Tariffs are not helpful there. If you can’t manufacture a product at competitive prices on the world market, Germany has no real business in manufacturing anything anymore unless in a war economy. As a leading economy in the EU you might have the means to stretch that out for some time, but ultimately this makes matters worse in the end. Germany is currently trying to subsidize what remains of the industry at the cost of consumers. This is already causing substantial backlash from consumers, voters and even the federal courts. Good luck with all of that.