• @[email protected]
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    fedilink
    312 days ago

    You talk a lot about Economic Theory considering you completely ignored one crucial detail: consumers won’t buy it if the price gets high enough

    not many enough would pay $99 for a phone cover), and some things will never be able to be produced cheaper (no child labor, expensive adult labor).

    I seem to have mentioned this.

    This could effectively become an Embargo, and it should because Fuck Chinam

    If that is the case it’s kind of an own goal; China is still free to trade with anyone, including US consumers that pay more. It’s just the US consumers gwtting worse access to thw products they want. Closer to a self embargo, no?

    It’s like a much more expensive “Buy American” campaign, only it also makes the US utterly untrustworthy in any future trade deals or investments.

    • @[email protected]
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      fedilink
      112 days ago

      If the USA embargoes have no effect as you claim then certainly a lot of hooting and hollering over the last century about the exact topic seems pointless in hindsight.