3 ms·
Hm, how are tariffs state subsidies? They're a tax on some products to give other products a competitive edge, but that feels different from a subsidy? And wha
by mort96 9mo ago
Hm, how are tariffs state subsidies? They're a tax on some products to give other products a competitive edge, but that feels different from a subsidy?
And what does that have to do with China playing by different rules than the west?
- clhodapp 9mo agoIf not for the tariffs, the domestic company would have to charge lower prices to make sales. Thus tariffs provide domestic companies with additional revenue from domestic consumers.
- mort96 9mo agoTariffs and subsidies both help companies succeed, but they're not the same thing. For one, tariffs can only really help your country's companies be competitive within your country. Subsidies can help your companies be competitive globally.