▲ | throw0101b 14 days ago | |
> The t-shirt metaphor is completely unjust - there is no value there for national security nor strategic autonomy. And yet tariffs were put on countries where clothes are generally manufactured and imported into the US from, which is why companies like Nike got walloped on the stock market. > The reality is that the US is not the ultimate global hegemon anymore and therefore offshoring industries cannot simply be viewed through an economic lens. Trump et al put a 37% import tariff on Botswana. What national security interest is served by that? Israel got a 17% tariff place on it, but Iran is part of the general 10% tariff list. If these are about national security, why does Israel have a higher number than Iran? There are valid reasons for tariffs: * https://www.noahpinion.blog/p/when-are-tariffs-good The universal tariffs that have been acted don't seem to have been done for those reasons. |