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this post was submitted on 17 Sep 2024
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[Dormant] Electric Vehicles
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Re-read what I wrote:
Do tariffs work? Maybe. You also have to remember that China will retaliate and impose tariffs on US good, so overall the effects of tariffs are rarely a net benefit for anyone - which is why they're rarely a good idea.
But the fact remains that the day after tariffs are applied, Americans lose access to cheaper goods. That's just a dry fact.
Again, reread what I wrote: I made no comment on the long term efficacy of tariffs. All I said was that when a presidential candidate says "we'll make China pay", it's factually incorrect.