Arguing for tariffs is like arguing against economics and maths

in #economics6 years ago

The importing and exporting companies no longer have business, and the consumers of those products can no longer buy them - so who is actually winning?

Tesla example:

  • Tesla has made enormous investments on superchargers made in China which now have import tariffs on them)

  • Cars assembled in the US with those superchargers now have an import tariff when sent to China!

  • Maybe Tesla will have to open assembly plants in China to circumnavigate the tariffs just like Harley Davidson did to get around the EU tariffs for motorcycles imported to the region.

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Either you run the day or the day runs you. Great job!

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