Comment on How Will We Know If The Trump Tariffs Were A Good Idea?

Skyrmir@lemmy.world ⁨1⁩ ⁨week⁩ ago

Tariffs always raise prices. Sometimes they do protect local industry, by raising prices so that local industries can compete against foreign competitors. At least for a time. Usually it leads to the eventual failure of the industry due to making less competitive products.

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