News for hackers. Stuff that matters.
Re:Jeff Bezos' revamp of 'Washington Post' opinions leads ed... by amanaplanacanal on Wednesday February 26, 2025 @08:43PM (#43190383)
I believe what you are describing is commonly known as fair trade, not free trade.
Re:Jeff Bezos' revamp of 'Washington Post' opinions leads ed... by gruez on Wednesday February 26, 2025 @09:03PM (#43190493)
At least in common parlance, "fair trade" just referred to paying third world farmers a "fair" (ie. above market value) price.
Re:Jeff Bezos' revamp of 'Washington Post' opinions leads ed... by PaulHoule on Wednesday February 26, 2025 @09:11PM (#43190553)
If there are 25% bidirectional tariffs the big companies win but you lose. In a free market without tariffs you are free to go to the better vendor no matter which country you go to. Competition makes everybody get better.

With 25% tariffs Europeans go to the tired European monopoly and Americans get gouged by the American monopolies. The monopolists agree it's great but you pay more for worse services.