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By themselves even targeted tariffs don't work. Argentina did not become a mobile phone manufacturing hub. https://www.batimes.com.ar/news/argentina/milei-is
by akadruid1 11mo ago
By themselves even targeted tariffs don't work. Argentina did not become a mobile phone manufacturing hub.
https://www.batimes.com.ar/news/argentina/milei-is-scrapping-tariffs-that-put-us2000-price-tags-on-iphones.phtml https://www.batimes.com.ar/news/argentina/milei-is-scrapping...
- dfadsadsf 11mo agoScale of the country matters. If Argentina (or any other small to medium size country) require extra work, businesses can just walk away - size of market does not justify extra efforts. Bet is that US market size is big enough that no global business can afford to walk away. At 20% of global GDP, US markets is also big enough to make scaled production feasible.