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Re:ByteDance asks federal apeals court to vacate US order fo... by gruez on Wednesday November 11, 2020 @11:50AM (#25059994)
>Tit-for-tat protectionism is also known as a trade war, which is also generally considered to be negative for both parties.

It is, but if you fail to retaliate you're basically advertising to other countries that they can impose protectionist measures, which benefit them and harm you. Did EU/Canada get flak for imposing retaliatory tariffs in response to trump's tarrifs?

Re:ByteDance asks federal apeals court to vacate US order fo... by abfan1127 on Wednesday November 11, 2020 @12:55PM (#25060812)
Milton Friedman describes how tariffs only cost the imposing country here:

https://www.youtube.com/watch?v=fkHdq_2EUk4