Re:Huawei Reveals the Real Trade War with China
by java-man on Friday December 07, 2018 @01:49PM
(#18630374)
I think it applies equally to furniture or solar. If you want quality local manufacturing, it is better to let it compete on the global market. Help by placing orders, may be, but let it compete.
Otherwise we'll only prolong inevitable decline.
Example: go to Japan and check in into a modern hotel. Then look at the hardware - door latches, bed, toilet... Then compare the quality of these products against their American counterparts. An isolated example, may be, but the outcome is higher quality at lower prices.
I think it's smart to use some amount of protectionist tarriffs in "industries of the future". Furniture? Who cares. Solar? Might be worth it.