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A comment on Trump's Tariff Formula Makes No Economic Sense. It's Also Based on an Error. Parent comment

Re:Trump's Tariff Formula Makes No Economic Sense. It's Also... by colechristensen on Saturday April 05, 2025 @05:36PM (#43597004)
Protectionism is France and England putting tariffs on each others cheese. America putting tariffs on Canadian lumber.

Putting tariffs on places that have a 20x factor difference in wages is something else.

And protectionism isn't necessarily a dirty word. It's often valuable to save your local industries from being wiped out and to not have a foreign country have complete control of a necessity.

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Re:Trump's Tariff Formula Makes No Economic Sense. It's Also... by MattPalmer1086 on Sunday April 06, 2025 @04:39AM (#43599896)
My point is only that these tariffs cannot be motivated by protectionism, since they are not targeted and will also disadvantage local industry.
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