Comment by tw04
1 day ago
And it would quickly be destroyed by competing governments that don’t believe in free markets and actively subsidize their industries to capture market share.
1 day ago
And it would quickly be destroyed by competing governments that don’t believe in free markets and actively subsidize their industries to capture market share.
Can you give an example of a zero tariff country being destroyed by a super high tariff country? I can give you examples of the opposite. For example Argentina tried to build up domestic industries with high tariffs.
The US has been largely tariff free since the 1900s and it's the largest economy in the world.
Remind me where I can buy a Chinese EV?
And I assume there’s no government subsidies to allow US private sectors to compete globally because free market right?
Right?
I forgot to put in my comment "until recently". And the US auto industry does such so using that as your argument in favor of tariffs doesn't really work.
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