he was discussing how germany wants to be tough on russia, but they rely on 70% of there energy from russia

To maximize these advantages

Tariffs are only really important when industrializing, otherwise it's just a tax on your own consumers

and yeah, there's an issue with fossil fuel reliance

We need to transition to nuclear ASAP

but yeah a big problem with this is 80% of US medication iirc relies on china

But free markets 'n' all

The vulnerabilities are generally worth the advantage

I know it's still far off but a lot of people are making accusations that he tried to monopolize the vaccine in development and I’m trying to find some more info because it doesn't sound right

Who trump ?

yes

there were a couple articles on Reddit about how he allegedly approached a German lab who is developing the vaccine and tried to purchase it and prevent them from selling it to other countries

to monopolize it

it doesn't sound right to me but I can't find any other info and a couple people have brought it up to me with a smug expression and I’ve had nothing to say in return because I don't know anything about it

was hoping some people here may have more info

I feel like they misrepresented the "exclusive licensing to America bit" in that the idea was probably him assuring the German companies that they wouldn't try to cut into their European distribution plans but idk tbh that's my personal interpretation of the vague wording behind it

that makes more sense

thank you for your input, honestly I know nothing about this sort of stuff and don't know where to start,so this at least gives me something to think about

What economic school of thought do you think line up here the best?

Laissez-faire economics is the only valid school tyvm

trump is a protectionist

Personally I fall toward Chicago-School

Of course, I don't *quite* know as i am a stupid teenager

Check out the Austrian school @tposedan good stuff there

Emphasis on von Mises

Any recommended authors? I've read only like two books on this stuff so far

ah ok

Man, Economy, and State - Murray Rothbard

gotcha

For a new liberty - Murray Rothbard

The road to serfdom - Frederich Hayek

I read that

Check those out on Libby app

For free

Actually on my desk rn

oh ok

Yeet

I'm rereading it as it has been a while

About 5 months

As a layperson regarding trade, what is the difference between NAFTA and USMCA

Well, one wasnt signed with a pen that may or may not have been in Monica Lewinski's mouth.