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> even with a 100% tariff You're making it sounds like 100% is the highest possible ceiling for a tariff, when it's a number arbitrarily set to fulfill a speci
by Cumpiler69 2y ago
> even with a 100% tariff
You're making it sounds like 100% is the highest possible ceiling for a tariff, when it's a number arbitrarily set to fulfill a specific agenda and can be infinitely adjusted.
Of course if you protect your domestic car industry too much it will slowly become uncompetitive and irelevant on the international free market.
- sofixa 2y ago> You're making it sounds like 100% is the highest possible ceiling for a tariff, when it's a number arbitrarily set to fulfill a specific agenda and can be infinitely adjusted. Yep, the tariffs Boeing got on Bombardier's C-Series that were the final nail in the coffin of that program and Bombardier as a serious player, and gifted a great new jet to Airbus, were 300%.
- willio58 2y agoI hate how true this is. The US might as well peg the tarrif to infinity on any cars coming from China because at this rate that's essentially what we're doing.