Caleb James DeLisle on Nostr: Tariffs can help or hurt, if you use them carefully then Chinese manufacturers take ...
Tariffs can help or hurt, if you use them carefully then Chinese manufacturers take the loss because it's better than losing the business entirely.
If there's a Chinese product and an equivalent US made product, putting a tariff will push buyers toward the US product.
If there's a company looking to build a factory in Mexico or Alabama, a targeted tariff will make them build in Alabama.
But you can also go too far and be stupid, try to protect industries that are over-regulated or otherwise unproductive, etc.
If there's a Chinese product and an equivalent US made product, putting a tariff will push buyers toward the US product.
If there's a company looking to build a factory in Mexico or Alabama, a targeted tariff will make them build in Alabama.
But you can also go too far and be stupid, try to protect industries that are over-regulated or otherwise unproductive, etc.