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by kuang_eleven
1506 days ago
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I mean, the "use of it" is obvious, it's another protectionist tariff in a long, long line of protectionist tariffs. It heralds from an age where that was much more common, and is an artifact of a long-discredited view of international trade. |
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I’d be curious for contemporaneous accounts over someone a century later guessing what may or may not be obvious. Maybe a cabal of industrialists conspired. The Foreign Dredging Act does predate trustbusting. Or maybe there were military concerns. Not an issue in this particular case, but one can imagine outrage if e.g. China controlled the world’s dredging fleet and threatened to isolate America’s ports in retaliation for some Senator’s mean tweets about Xi.