Re:The Size of BYD's Factory
by flyingpenguin on Monday November 25, 2024 @10:38AM
(#42237133)
The purpose is to prop up local companies.
Which is not always a bad idea, having a local supply and innovation of something can be rather important, local money is less "Gone" than foreign money, think of how healthy small towns are when all of the shops are local vs when they are not.
The problem comes when there is no realistic local competition. If you don't make something locally at all, an import tariff is just a stupid tax.
Which is not always a bad idea, having a local supply and innovation of something can be rather important, local money is less "Gone" than foreign money, think of how healthy small towns are when all of the shops are local vs when they are not.
The problem comes when there is no realistic local competition. If you don't make something locally at all, an import tariff is just a stupid tax.