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> And FWIW, most economists think retaliatory tariffs are stupid - on net they cause more harm to the retaliating country than if there were no retaliation. Th
by deaux 1mo ago
> And FWIW, most economists think retaliatory tariffs are stupid - on net they cause more harm to the retaliating country than if there were no retaliation.
This is wrong, because you're using the extremely broad concept of "harm" for a specific monetary loss. There are many more things at play here than just money gained/lost.