3 ms·
Eh it kinda makes sense. You want to boost domestic production but you also don't want to stifle domestic adoption. So if you implement both tariffs and subsi
by kaibee 1y ago
Eh it kinda makes sense.
You want to boost domestic production but you also don't want to stifle domestic adoption.
So if you implement both tariffs and subsidies, consumers can still pay the market price but will buy up all domestic production first.
This sounds correct to me? But I haven't given really thought about it deeply yet.
- giantg2 1y agoThose types of tariffs typically just bring foreign imports up to the domestic range, so it doesn't really mean that domestic will be adopted first. If you wanted a targeted affect, you could put tariffs on the imports and subsidize the domestic manufacturers.