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> * Announced an end to the duty free period on Chinese solar panels to encourage U.S. manufacturing. > * Announced tariff increases on steel to protect domest
by DaveExeter 2y ago
> * Announced an end to the duty free period on Chinese solar panels to encourage U.S. manufacturing.
> * Announced tariff increases on steel to protect domestic producers
These are bad things.
- nojvek 2y agoWhy?
- DaveExeter 2y agoBecause these tarifs do more harm than benefit. The harm is diffused among many, the benefits accumulates to a few. https://taxfoundation.org/research/all/federal/section-232-tariffs-steel-aluminum/ https://taxfoundation.org/research/all/federal/section-232-t...
- toomuchtodo 2y agoIt is a national defense and manufacturing supply chain security premium. You might call that harm if you're optimizing the for the lowest cost possible, but that is not good policy in the current geopolitical climate.