Biden's Tariffs Are..."Gulp"... a Good Idea

01 Jun 2024 | Abstracted from Slate

"Contrary to the declamations from some of Biden's ostensible allies, this is almost certainly good news for both the climate and the global economy.

"China hasn’t achieved this technological ascendancy through sheer grit and derring-do. Its government deliberately suppresses domestic consumption by keeping wages low, forcing its manufacturers to pursue profits through exports, which the government supports with subsidies as it restricts green tech imports."

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