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By this logic, US should wisen up and go protectionist/isolationist against China (ban TikTok, tariffs on cheap products to make them on par with US goods with
by cscurmudgeon 2y ago
By this logic, US should wisen up and go protectionist/isolationist against China (ban TikTok, tariffs on cheap products to make them on par with US goods with better environmental and labor regulations) and EU (no more subsidizing their GDP by defending global trade).
- chmod775 2y agoNo it doesn't follow. I have absolutely no clue where you're getting that from. The point was that exporting low-margin high-labor goods and importing high-margin low-labor goods with addictive properties and possibly even negative value is a bad deal for your economy. Especially if the latter could be trivially provided domestically, but isn't due to existing network effects, or shouldn't exist at all (in the case of addictive substances). You're arguing against the import of very low margin labor-intensive physical goods. How did you get there? I have no idea.
- cscurmudgeon 2y ago> You're arguing against the import of very low margin labor-intensive physical goods No. I am arguing against the import of low margin labor-intensive physical using forced labor and resulting in actual harms 1. Actually harmful products being let in ([1, 2]) 2. Decimation of local labor through unfair practices [3] 3. Actual slavery (forced labor) [4] [1] https://www.businessinsider.com/temu-children-clothes-contained-622-toxic-limit-seoul-2024-11 https://www.businessinsider.com/temu-children-clothes-contai... [2] https://www.lemonde.fr/en/international/article/2024/08/14/shein-and-temu-products-found-to-contain-high-levels-of-toxic-chemicals_6715032_4.html https://www.lemonde.fr/en/international/article/2024/08/14/s... [3] https://itif.org/publications/2022/11/21/how-to-mitigate-the-damage-from-chinas-unfair-trade-practices/ https://itif.org/publications/2022/11/21/how-to-mitigate-the... [4] https://www.hrw.org/news/2024/02/01/china-carmakers-implicated-uyghur-forced-labor https://www.hrw.org/news/2024/02/01/china-carmakers-implicat...