funnily enough my comment was removed, unsure why, pretty sure it was mostly accurate though lol.
I’m sure you have some very unkind words for Biden after he continued and expanded Trump’s trade war.
it’s a fine balance between putting a 20% tariff on literally every import (i believe trump wanted to do this) and putting a 100% tariff on chinese EVs to give the american auto market a leg to stand on.
It’s a give and take, like everything is. But regardless, globalism is generally good for the economy.
it’s a fine balance between putting a 20% tariff on literally every import (i believe trump wanted to do this) and putting a 100% tariff on chinese EVs to give the american auto market a leg to stand on.
Right this is the contradiction I was poking fun at.
Personally, I prefer the carrot to the stick approach. I think we should do more stuff like the chips act and less stuff like tariffs. This is especially true in the context of technology that aids in the transition to an economy that uses less fossil fuels. The ~$10,000 Chinese EVs would be a pretty massive tool in that arsenal. (Though not as good of a tool as they are in China because of China’s genuinely impressive rail system.) If you want more American made EVs —cool so do I— but we will get there faster with the right industrial policy. The tariffs do little to make that happen.
funnily enough my comment was removed, unsure why, pretty sure it was mostly accurate though lol.
it’s a fine balance between putting a 20% tariff on literally every import (i believe trump wanted to do this) and putting a 100% tariff on chinese EVs to give the american auto market a leg to stand on.
It’s a give and take, like everything is. But regardless, globalism is generally good for the economy.
It is weird that your comment was removed.
Right this is the contradiction I was poking fun at.
Personally, I prefer the carrot to the stick approach. I think we should do more stuff like the chips act and less stuff like tariffs. This is especially true in the context of technology that aids in the transition to an economy that uses less fossil fuels. The ~$10,000 Chinese EVs would be a pretty massive tool in that arsenal. (Though not as good of a tool as they are in China because of China’s genuinely impressive rail system.) If you want more American made EVs —cool so do I— but we will get there faster with the right industrial policy. The tariffs do little to make that happen.