3 ms·
25% tarrifs on Europe certainly isn't an example of free markets.
by goatlover 2y ago
25% tarrifs on Europe certainly isn't an example of free markets.
- nxm 2y agoIt is… free market allows reciprocity of tariffs levied against US products in the EU
- amanaplanacanal 2y agoI believe what you are describing is commonly known as fair trade, not free trade.
- gruez 2y agoAt least in common parlance, "fair trade" just referred to paying third world farmers a "fair" (ie. above market value) price.
- PaulHoule 2y agoIf there are 25% bidirectional tariffs the big companies win but you lose. In a free market without tariffs you are free to go to the better vendor no matter which country you go to. Competition makes everybody get better. With 25% tariffs Europeans go to the tired European monopoly and Americans get gouged by the American monopolies. The monopolists agree it's great but you pay more for worse services.
- loeg 2y agoThe president's tariffs are not wholly reciprocal to foreign tariffs.
- sergiomattei 2y agoIsn’t it a return to protectionist, mercantilist-like policy? That’s the opposite of a free market.