The tarrifs implemented are often done wrongly

With no immediate plans to boost American production of said product

Which is why they often fail

They implement tarrifs and expect companies to start reacting immediately and boost production

It has to be nudged to the companies to begin production just shortly before tarrifs are to be implemented

We don’t need to produce more to counter a tariff per say - nor do businesses think like that necessarily. Prices will adjust to compensate sure, but in this case we put it on a certain kind of washer that meets a certain conservation target of water

The idea is we innovate and do the same thing with our companies that

*

We did the same with solar panels

Usually we do tarrifs on health hazards like tobbacco

Or something we don’t have a good technological edge in per say

Prices won't rise

It’s not a question of right or wrongly applied - our government isn’t filled with idiots

If done correctly

And in the case they do, so what?

Is foreign robbing and abusing of our nation's worth power prices?

the tarrifs are done correctly - the question is if it’s a good tarrif lol

There is no right or wrong way of doing such an action

Oil, Material, Raws, steel, etc should all be tarrifed

But production is just one consideration for a counter measures

no that would be ridiculous - we import about as much as we export

We’re a service economy

we do this so we hold a constant reserve

and by import and export amounts I mean in goods

We should boost steel and material production

Not in the value of goods

So we net export

U.S needs to have a net export

Why??? Confused

I don’t see the logic behind a net export - we are a service economy if we run let’s say a trade defecit and import more

In order to sustain ourselves and not be influenced/blackmailed by foreign governments and corporations

that’s more services probably exported

Oh that’s capitalism pal

That will happen no matter what

Globalized Capitalism is retarded

It's a detriment to nationality

natCap

I mean it makes the world wealthier and us especially

We do benefit under the system

Alright nice chat. Gtg now.
We'll catch up.
The system benefits us materialy

@Doctor Anon global capitalism is the best capitalism