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How Tariffs Work (lemmy.dbzer0.com)

submitted 13 hours ago by [email protected] to c/politicalmemes

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[–] ms_lane 1 points 4 hours ago (1 children)

That's one point, but it's also a competitive measure. Australia has conditions that make them more competitive in things like dairy farming, wide empty and cheap land for example, that can sustain way bigger herds than most European farms, which allows them to sell the produce cheaper and still have a margin. Without some sort of regulatory measures this would ruin smaller dairy farmers in europe, because they have little to no way to compete with those prices.

How does that not apply in the same way that US is seeking here against China with manufacturing?

Why is it OK for Europe to protect their jobs but NOT OK for US to protect their jobs? What makes Europe so special?

[–] [email protected] 2 points 3 hours ago* (last edited 3 hours ago)

How does that not apply in the same way that US is seeking here against China with manufacturing?

Why is it OK for Europe to protect their jobs but NOT OK for US to protect their jobs? What makes Europe so special?

I am not informed enough to speak on that, I didn't imply anything in my comment that would suggest I think that one way or the other.

The only thing I can say about that is, that with those tariffs the US is violating free trade agreements that were negotiated by the Trump administration themselves during his last presidency specifically with Canada and Mexico.