Comment by energy123
4 days ago
Putting tariffs on rivals that subsidize local industries has both a national security and economic (anti-dumping) justification.
Putting blanket tariffs on close allies has no justification and it harms the US in every respect, economic and security, short and long term.
Why limit it to national security or anti-dumping? Tariffs should be expansive enough to take things like cheap labor in foreign countries or lax environmental laws out of the equation.
> Tariffs should be expansive enough to take things like cheap labor in foreign countries or lax environmental laws out of the equation.
Define "cheap labor". Is any labor that is cheaper than American labor bad? If not, how are the tariffs differentiating between "bad" cheap labor and "good" cheap labor?
> Tariffs should be expansive enough to take things like cheap labor in foreign countries
But why? Monaco has 39k people and a GDP per capita of $240k. Would they be better off if they instituted auto tariffs so that the cheapest option for selling cars to Monégasques was to build the world's least efficient auto factory? On the world stage, the US is basically a big version of Monaco.
Monaco’s economy is fake, so I hope the U.S. isn’t a big version of Monaco.
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