Re:White House announces 25 percent tariff on Chinese tech g...
by curiousgal on Friday June 15, 2018 @06:05PM
(#17324026)
>that's probably only true in the short or medium term
Exactly, except there is no long term because the following administration will undo all of what the current one has done.
Re:White House announces 25 percent tariff on Chinese tech g...
by mistermann on Friday June 15, 2018 @08:27PM
(#17324929)
Citation?
Re:White House announces 25 percent tariff on Chinese tech g...
by mistermann on Saturday June 16, 2018 @11:00PM
(#17330677)
Downvotes for asking someone for evidence of a guarantee of what someone is going to do in the future? I long for the days before HN became an ideological battleground.
There's an important qualification: that's probably only true in the short or medium term. I believe the goal is that the higher cost would produce economic space for competitors to enter the market.
Ironically, I believe the WTO rules allow for countries classified as "developing" (like China) to maintain high tariffs to develop local industry for precisely this reason.