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by tomp 2759 days ago
> are you actually arguing that that is a net benefit?

Depends on what you define as net benefit... Self-sufficiency, especially regarding basic supplies like food, is hugely important for any independent nation. Personally, tariffs on/protectionism of food industry are what I support the most.

Broader picture, net benefit doesn't mean just economic benefit. I support Trump's tariffs on China and hope EU would do the same, tax the hell out of all polluting and tax-evading countries - that would definitely be a net benefit for the planet.

1 comments

Only if the tariffs were clearly linked to polluting and tax-evading. Otherwise they provide no incentive to stop. I don't believe Trump has linked his tariffs to pollution or tax-evasion. He's been talking about China's industrial subsidies, monetary policy and intellectual property theft.

Simply sanctioning bad countries isn't good in itself, unless it forces them to become better.

Indeed, but most nations/governments are so deeply entrenched in "free trade" that they can't just transition directly to "fair trade" (for some definition of "fair"...) without going through the "no free trade" stage first. Anyways, let's hope it continues in this direction and doesn't derail along the way.