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Sk8eM dUb
replied 2282d
A zero tariff policy means that while prices may go down for consumers in the short term, capital flowing outward eventually undercuts any economic benefit you get from low prices.
replied 2281d
That is actually false. Trade deficits are balanced by foreign investment. Large trade deficits mean a strong economy.
Sk8eM dUb
replied 2281d
The regurgitation is strong with this one. Ok riddle me this, if zero tariffs are so self evidently good, why is the USA the only country that does it?
replied 2280d
The US does not do it at all. The US has always been very protectionist, at least with agriculture they are. I think Japan is the only country that protects their agriculture more.