4 ms·
Sigh. This article and the linked ones make the same mistake almost any discussion or article about the tariffs make, which is focusing on just economic effects
by blackeyeblitzar 2y ago
Sigh. This article and the linked ones make the same mistake almost any discussion or article about the tariffs make, which is focusing on just economic effects. Tariffs are about a lot of other things too. They’re about resetting foreign relations and renegotiation of what a fair balance is. It’s about creating negative impact to other leaders or parties that will lead to political changes there. In the case of China, it is about tipping their fragile economy to a more difficult situation, to contain them economically, reduce their ability to invest I n defense, and discourage their aggressive expansionism. Geopolitics is more complicated than talking about inflation effects.