Re:New US Tariffs are Anti-Maker and Will Encourage Offshoring
by HillaryBriss on Tuesday June 19, 2018 @04:34PM
(#17350102)
> Trade policies are considered good if they're good for the economy and bad if they're bad for the economy.
are you talking about increasing GDP or some other meaning of "good for the economy"?
what i see is people talking about tariffs as good for a certain sector's workers or bad for consumers or safeguarding US military capabilities or something like that.
Re:New US Tariffs are Anti-Maker and Will Encourage Offshoring
by elihu on Thursday June 21, 2018 @02:30PM
(#17367986)
I don't mean anything specific by "good for the economy", I just mean good for general prosperity, on average. (I realize that trade policies are often have winners and losers, and reasonable people will disagree on what's "good for the economy" depending on what part of the economy they care most about.)
However, we don't seem to talk about tariffs the same way we talk about other taxes. Trade policies are considered good if they're good for the economy and bad if they're bad for the economy. The revenue aspects tend to get swept under the rug.
I wonder if this is just an example of successful marketing by large corporations (who are the ones who bear most of the cost of tariffs and trade barriers); that they've managed to get people who are otherwise fine with taxing corporations to be opposed to taxes when trade is involved.
That said, I agree with Bunnie that imposing tariffs on components but not finished goods is dumb, and will hurt hobbyists and companies that assemble electronics in the United States.