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by seadan83
282 days ago
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> Yes they are. They are required to compete on a level playing field domestically and they still have to compete with marked up foreign goods. Well, nu-uh! The "level" playing field concept is flawed here. Second, if everyone else becomes less competitive, that does not mean you are 'more competitive'. In a relative sense yes, but in an absolute sense no. A tariff is like a track meet where your competitors get whacked in the knees. Now, I did say "tend" to be the wrong tool. If another country is actually flooding your market with cheap products (at a loss), in order to drive you out of business, tariffs make sense there. So, tariffs can be good against government subsidized industries. Tariffs countering other tariffs is simplistic, there are other countries in the world and global markets are large and well.. global. |
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