this post was submitted on 30 May 2024
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I mean aren't we a globalized economy? There is stuff made by many countries, of whose quality and or cheapness certain countries cannot completely compete with, see Taiwan and their chip fabs, see Japanese car manufacturers. Are we going to throw a hissy fit over their stuff (yes I know we did with Japan but we don't anymore for whatever reason).
Unfair competition with the aim to destroy industries in foreign countries which disrupts industries and the workers (obviously), governments and national security. That is what we are speaking about here.
Idk man, I'm not sure what the solution here even is, but there must be a better solution to this problem than complete autarky and or mercantilist-esque policies.
Tariffs and carbon tax. (Could also use the carbon tax to directly subsidise green investment).
That would be the free market solution.