> by increasing the cost of doing business with nations that subsidize their exports or undercut your companies with slave labour or lax environmental regulations
This is why the ”overregulated” EU got hit with a 30% tariff?
That was symbolic. Europe hasn’t produced anything except regulations, the fumes of mismanaged luxury brands, and cured meats for nearly 30 years. Nobody on either side was actually impacted.
transcriptase|16 days ago