Hacker News new | past | comments | ask | show | jobs | submit login

Tariffs do decrease competition and lead to higher prices for consumers....but...there are certain industries important for national security where a country may wish to subsidize an industry like building renewables or use a tariff against a country like China that is trying to corner the market through nationalized companies. Because those companies are a wing of their government (so to speak) a free market company can't compete and eventually all you have are Chinese companies for these critical industries and they can dictate policy to us.



> there are certain industries important for national security where a country may wish to subsidize an industry ... against a country like China that is trying to corner the market through nationalized companies

Your argument doesn't even make sense: in the first part you say yes, we need national support for this sector of the economy, while a few words later you say that China is cheating by giving support to the same sector.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: