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And absolutely no guarantees those rules stay in place long enough for anyone else to ever benefit.
by stevage 2y ago
And absolutely no guarantees those rules stay in place long enough for anyone else to ever benefit.
- JumpCrisscross 2y ago> no guarantees those rules stay in place long enough for anyone else to ever benefit Not only that, Trump is actively lying about negotiating them down [1]. [1] https://www.reuters.com/world/chinas-foreign-ministry-says-xi-trump-did-not-have-call-recently-2025-04-28/ https://www.reuters.com/world/chinas-foreign-ministry-says-x...
- viraptor 2y agoIdeally that's the long term goal though, right? You want good local production, but not impair the trade forever. The best tariff would be a future one that achieves the shift by threat, then gets cancelled because the goal is complete and there's no point is impacting trade otherwise.
- globalise83 2y agoIf companies believe today that in 4 years the tariffs will be dropped and that their investment in a manufacturing facility with 25% higher costs than the foreign competition will become effectively worthless, they will be reluctant to invest all that much.