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TheEvertw
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Comments by "TheEvertw" (@TheEvertw) on "" video.
When will humanity learn that tariffs are a tax on the local population, used to subsidize local production that is already failing due to a lack of innovation. Instead, far too many think it is a way to somehow "punish" foreigners that somehow "take advantage" of the locals. Where the foreigners' only fault is to produce better value for money. While there are situations where foreign countries do in fact take advantage of others, e.g. by not respecting Intellectual Property or the human rights of their workers, these are the exception. A company still needs to make money, and a better way level to the playing field is to ensure all countries respect the same framework of laws & regulations.
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Trade is a good thing. But it needs to be accompanied with mechanisms that prevent the development of monopolies (or duopolies) and the concentration of wealth. So, international trade must have such mechanisms as well.
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