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Politics : The Trump Presidency
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longz
To: Lane3 who wrote (329694)4/5/2025 12:44:48 PM
From: i-node1 Recommendation  Read Replies (1) of 354025
 
The process represents a denial and repudiation of the notion of competitive advantage, which is rather like denying and repudiating gravity.

Calling tariffs a denial of competitive advantage is a stretch. Competitive advantage isn’t some sacred, unchangeable law like gravity—it’s a concept that assumes free markets always sort themselves out efficiently.

But in reality, some nations don’t play fair. Trump’s tariffs are about leveling the field, not rejecting economics. Consider China: they’ve been dumping cheap steel, subsidizing their industries, and manipulating their currency for years. That’s not 'competitive advantage'—it’s strategic gaming.

Tariffs are a pushback, a way to protect domestic industries from getting gutted by those tactics. Sure, it is imperfect—prices might rise short-term—but the idea is to force a recalibration, not pretend global trade is a meritocracy.

Gravity still pulls; it’s just that some players have jetpacks.
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