Re:China's New Rare Earth and Magnet Restrictions Threaten U...
by rchaud on Sunday October 12, 2025 @09:44AM
(#45558191)
> People thought it would drive them to democracy
That's the White House's cover story, not the actual reason. China is in the WTO because the Fortune 500 needed a stable tariff regime to streamline production offshoring to a country with weak labor and environmental protections, but without the political instability of actual democracies.
That's the White House's cover story, not the actual reason. China is in the WTO because the Fortune 500 needed a stable tariff regime to streamline production offshoring to a country with weak labor and environmental protections, but without the political instability of actual democracies.