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It's important to be careful with value judgements like this. Tariffs allow otherwise more expensive domestic products to compete against cheaper products from
by danaris 2y ago
It's important to be careful with value judgements like this.
Tariffs allow otherwise more expensive domestic products to compete against cheaper products from abroad.
In and of itself, that says nothing about quality one way or another. In practice, it often means the opposite of what you suggest: domestic goods are often of higher quality, and/or are made by workers in better conditions, because of stricter laws here than in the places manufacturing has moved to. (And not by coincidence—the cheaper labor and looser laws are exactly why manufacturing moved to those places.)
Of course, all of this only applies when tariffs are carefully considered, strategically applied, and left in place for a long and predictable length of time.
- packetlost 2y agoThis is the theory behind tariffs when applied to specific industries or products because the tariff amount can be adjusted to suit the dynamics of that market. When applied broadly I can't see how it won't just increase costs and create incentives to not compete on quality when you now are "the cheap option".