(no title)
id34
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1 month ago
The use of tariffs as a mid-long strategy, in my view, would require a stable, long-term communication that the US government will implement careful, strategic tariffs alongside incentives to strengthen chosen domestic industries where they believe a domestic alternative is feasible. We haven't seen anything even close to that at any point in this tariff rollercoaster - tariffs for products that cannot be produced at scale domestically (coffee, bananas), tariffs for grudges, tariffs that only exist for a week, tariffs that are written post-hoc after a Truth post to fit what the president said. There's an argument to be made for domestic protectionism, but the people currently at the levers are not serious policy-minded folks.
kryogen1c|1 month ago
My point is that your thoughtful response about reliable continuity, both inter- and intra- president, is not present in a lot of the comments.
estearum|1 month ago
The only people who need to back up to "industrial policy requires consistency and transparency" are those who are either incapable of or willfully deciding not to understand what's going on around them.
tsss|1 month ago
stevenwoo|1 month ago
We never accurately measured effect of pedal on the gas trade with China caused with WTO admission nor even NAFTA, the no on ramp was huge shock that didn’t show up in traditional measures. So trying to go full gas reverse with no real strategy is almost mindless.