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edgyquant 3 hours ago

I dislike this analogy because a nation is not a person grocery shopping and anyway if a single grocery store was the only way to get food that would put me in a very lopsided relationship with them and the power dynamics in such a case are obviously bad for the person.

Nations have interests and there’s a real conversation to be had that a country should ensure it has strategic industries so its existence is never at the whims of another.

andruby 3 hours ago | parent | next [-]

> a real conversation to be had that a country should ensure it has strategic industries

Then let that be the reason for tariffs rather than the bullshit argument of trade deficit = taking money.

edgyquant 3 hours ago | parent [-]

In academic and think tank circles it is. Too many people treat political theatre and, frankly, entertainment pieces as reflective of the actual policy debates when they are mass media designed to get clicks.

javanissen an hour ago | parent | prev [-]

This is one view. Another view is that maintaining economic interdependence between countries — aside from making both countries richer via specialization and comparative advantage — is a great way to incentivize cooperation and prevent them from killing each other.

Examples here: https://www.hoover.org/research/when-trade-wars-become-shoot...