sonori,
@sonori@beehaw.org avatar

While I think in this case they won’t have an effect because no Amarican company is even trying to compete in the space, I feel like claiming “history says tarrifs rarely work” is pretty misleading. The high tarrifs caused by the US generating nearly all federal income by tarrifs in the 17 and 18 hundreds are after all widely credited with being the reason the northern US went from being a minor agricultural nation dependent entirely on european industrial goods to becoming one of the largest industrialized nations so quickly.

Indeed that was why the WTO blocking third world nations from putting tarrifs on western goods was so heavily criticized by the left a few decades ago, before China proved you could do it without said tarrifs so long as your competitors were greedy enough to outsource their industry to you.

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