Comment by saint_fiasco
Comment by saint_fiasco 2 days ago
> The subsidy is already a tit, the tariff is tat
Why is someone else subsidizing the price of a thing you buy bad?
The subsidy is doing you a favor by reducing your input costs, or freeing up your work and capital to produce something else.
Because they are doing so to erode your manufacturing base through unfair competition.
From a national security standpoint this can be deadly in a hot conflict.
From an industrial strategy standpoint, it’s the same as any other monopolist practice - they will erode your base, take over your market, then raise prices to fleece your population’s wealth while increasing their own.
Industrial bases are economic strongholds that shouldn’t be lost, particularly not to great power competitors.