Replying to Avatar ΛM

Tariffs protect inefficient national industry from more efficient foreign competition. They therefore parasitize and leave NATIONAL consumers unprotected, forcing them to buy more expensive and lower quality products than without tariffs

Juan Ramón Rallo

#grownostr #freedom #quotes
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KentuckyChicken 11mo ago

This would be true if all currency were equal and there were no other subsidies to be abused.

China is a great example.

1 US dollar buys about 7 dollars worth of food in China. And China uses that to their advantage.

Also, due to an old post office agreement to help third world countries send letters it's cheaper for someone in Beijing to mail you a package than for someone who lives down the street from you.

This makes it impossible for Americans to compete with Temu and other E shops.

I assure you it's not more efficient for a Chinese man in Guangzhou to assemble a calculator, send it to Hong Kong, put it on a boat to California and then mail it to you rather than have some small town factory in the united states assemble it locally.

It's unfair subsidies, currency conversion tricks and other market manipulations that cause such an outrageous market to form.

Creating Tariffs is just one method a president has available to him to quickly even out unfair trade practices.

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ΛM 11mo ago

The change in value between currencies is a normal phenomenon in the market… subsidies and bailouts bring the same consequence as tariffs: impoverishing the population by paying more expensive and lower quality products, more inefficiency of companies and obstacles to innovation… in the short term it will seem interesting, in the medium and long term a disaster

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KentuckyChicken 11mo ago

I made several points you did not seem willing to address.

The bottom line is this,

Tariffs won't be a problem for the united states. Because we export so little and import so much.

Are the cost temporarily passed on to the consumer? Most of the time, unless China decides to subsidize their exports ( which they have every incentive to do).

But it also gives Americans a chance to compete domestically and it promotes other countries to move their manufacturing stateside.

Tariffs hurt the ultra wealthy more so than the poor.

Because food and basic necessities are mostly made locally.

I just don't see any downside and only see bright sides.

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ΛM 11mo ago

What part do you want to address about universal tariffs ???

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KentuckyChicken 11mo ago

The simplest example. If 10 countries all tariff 1 country shouldn't that country tariff them back?

Thats effectively what is happening with America.

All those countries have strong protectionist trade policies.

Tbh I kinda have a chip on my shoulder with libertarians never addressing the aggressive nature of neighboring countries while advocating for liberal policies domestically.

I.e it's ok China tariffs Ford vehicles to the tune of 200 percent but a 25% tariff on chinese steel is out of the question.

Mexico and Canada do similar things.

At this point I want tariffs on air and sunlight.

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ΛM 11mo ago

You are pushing it quite a bit for me to say that tariffs are morally ethical with very unrealistic situations… however, since we are starting from assumptions: my economy would be so diverse and decentralized that I would not have a single supplier for my resources: if this happened to me it would not affect me so much and it could not be used as political blackmail (the case of Switzerland, saving the distances with the case you put)… I repeat: with tariffs only mediocrity is rewarded and expanded, rewarding the inefficient and leading citizens to poverty, forgetting that there is a redistribution of work and forcing citizens to pay more for goods and services… applies to China, the USA, the Faroe Islands, San Marino, etc