Quote:
Originally Posted by Fuzz
Saying "they are not playing fair so we may as well buy from them" isn't really great either. Unfortunately it's a global marketplace, and if we do want to compete globally, you either need to level the playing field by using things like tariffs, or do what they do(I'd love to see a politician try to implement that...).
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There's a lot of options beyond tariffs. Tariffs are a good idea in my mind (though not 100% tariffs). There are hundreds of different policy levers that governments in the West can use. There are trade agreements, direct subsidies, tax deferrals, tax credits, streamlining approval process, aligning incentives between different silos, and lots, lots more.
Our industries die if we let them in unfettered because the lead they have is substantial. But 100% tariffs are simply delaying the inevitable. That's the stick, but where's the carrot? How do we provide clear direction to industry and make the path one that companies are willing to take risk in?