this post was submitted on 18 Apr 2024
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Biden calls for tripling tariffs on Chinese metals (www.bbc.com)
submitted 1 year ago by yogthos@lemmygrad.ml to c/worldnews@lemmygrad.ml
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[–] ksynwa@lemmygrad.ml 50 points 1 year ago (3 children)

the president said the Chinese prices were "unfairly low" due to the government subsidising companies "who don't need to worry about making a profit".

"They're cheating," Mr Biden said. "And we've seen the damage here in America."

Socialism is cheat code

[–] bobs_guns@lemmygrad.ml 38 points 1 year ago (1 children)

If this is cheating then surely you will cut subsidies for big oil and dairy farmers, right??

[–] bennieandthez@lemmygrad.ml 33 points 1 year ago (1 children)

I was gonna say exactly the same thing. Also american farmers have corn subsidized, which destroys Mexico's corn market. Hypocrites.

[–] ksynwa@lemmygrad.ml 24 points 1 year ago

That's just the beginning of it. USA pushes every global south country to cut agricultural subsidies on the grounds that they are violations of some WTO agreement. The policy changes that caused the famous year-long farmers' protest in India were supported by the US because they would have significantly cut government aid to farmers and farm owners.

[–] taiphlosion@lemmygrad.ml 22 points 1 year ago

Just do the same thing if it's working? LMAO