Hacker News new | ask | show | jobs
by lpcam33 2829 days ago
Is anyone here curious about where the tariffs income will be spent?
1 comments

Bailout (buying votes) for more farmers who will lose export markets?
For me protectionnism could be a good thing environmentally like adhelas said. It could be a good measure if you use this tariffs to improve equality, distributing this equally through the population. Sadly nobody knows here the income will be spent.
How is equality achieved towards the Chinese workers?
By reducing imports from China, China will need to invest in their local market too and by doing that they will need to improve chinese worker conditions.
Great. I hope the EU follows through and reduces US services imports to strengthen the local economy.

I thought trade was good? Haven't I been hearing that from US officials for over 50 years?

Yes, and in the last 50 years carbon emissions have skyrocketed, while wages have stagnated. We are depleting the resources of the planet and polluting at an unbearable pace. We have to change the economy and protectionism for me can be a good measure. If protecting the environment or health is good, why is protecting the economy bad? What is the opposite of protecting? attack? If so, why does protecting something lead to a trade war? should not it be to attack an economy? This area is full of self-righteous words like "free market" or "trade war". We cannot question something that is free? And a war is something that has to be fought at all times? We need to see through this.