U.S. President Donald Trump has threatened to impose far larger tariffs on the European Union and Canada if they work together to combat trade tariffs.
  • @bitchkat@lemmy.worldEnglish
    2•11 days ago

    They are often done to ensure local production of critical infrastructure or to compensate foreign markets from subsidizing their exports

    • @kibiz0r@midwest.socialEnglish
      1•11 days ago

      I get the premise, it just seems silly. If a foreign company wants to give you steeply-discounted stuff, it seems like you ought to take the cheap stuff and enjoy it rather than worry about being unable to sell the same stuff as cheaply.