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- Embed this notice@lain @arcana @Zettour I suppose it's easier to imagine it with cars than something is cheap as rice
if China can produce a car for $25,000 but American manufacturers can only build an equivalent car for $35,000, the tariff guarantees that Americans have to spend an extra $10,000 on the same product which means they have $10,000 less to spend on other goods and services in their community.
It keeps an inefficient American business model alive which is ridiculous. It's very anti-capitalism / free-market.
"What if China is subsidizing their auto industry to undermine the American industry?"
good. let them destroy their RMB. There will be consequences later.