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Trade in War

(news.mit.edu)
94 points LorenDB | 1 comments | | HN request time: 0s | source
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MangoToupe ◴[] No.45090620[source]
Meanwhile others sanction (or tariff) countries they're at peace with for no discernible benefit to anyone.
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victorbjorklund ◴[] No.45090698[source]
Tariffs are a tax on your own population (no matter what Trump says). Which countries sanction friendly ally nations?
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XorNot ◴[] No.45090726[source]
I mean friendly nations can coexist with tarriffs structures perfectly amicably.

What's not normal is trying to use tarrifs the way the US is, and the frequency of their adjustment, as well as stated motivation (punitive rather then achieving any sort of strategic goal).

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herbst ◴[] No.45090763[source]
Switzerland has plenty of tariffs around farmed goods to keep our farmer market healthy. But it does indeed make products more expensive (and higher quality) and everybody here knows and most accept that.
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ExoticPearTree ◴[] No.45090845[source]
Funny you're mentioning Switzerland where whole families travel to France for cheaper products just to meet the quota per person when you come back from your weekend shopping.

Can't really comment on "more expensive = higher quality" since I'm biased towards France where I believe they're better at cultivating tomatoes than the Swiss.

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1. myrmidon ◴[] No.45091456{4}[source]
To be fair, the costs are just less hidden in the swiss model.

If you do internal subsidies (the EU/US approach) instead of tariffs on imports, then a fraction of your taxes gets diverted to farmers instead.

Sadly this whole issue is difficult to side-step completely because if you do neither subsidies nor tariffs, your local food industry just dies and that is a really undesirable outcome if you want to avoid famines.