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What does it mean to say you get lower labor cost and government subsidy issues? Are you saying the tariffs are disproportionate to the impact of the subsidies?
by al_hag 2y ago
What does it mean to say you get lower labor cost and government subsidy issues? Are you saying the tariffs are disproportionate to the impact of the subsidies? Temporary price distortions eliminate competition, not encourage it.
- hnburnsy 2y ago>lower labor cost and government subsidy issues These are the arguments in favor of tariffs on Chinese autos, I understand they cause a disparity, and yes, IMO they are disproportionate.
- noizejoy 2y ago> IMO they are disproportionate. Typing the three letters in “IMO” is most certainly easier than doing/documenting complex financial analysis.
- gruez 2y agoThe EU might have done a careful calculation with their tarrifs, but the US's tariffs of 100% seems closer to a nice round number they thought sounded good than carefully thought out "proportionate" response to whatever the Chinese governments' subsidies were.
- bee_rider 2y agoLots of people don’t do the analysis and leave out the IMO, so at least this is more honest.