Comment Re:Higher Costs (Score 3, Insightful) 14
Tariffs are a bad thing from a pure economic perspective. They introduce inefficiencies, and make things more expensive. This is a basic concept of macroeconomics.
However, some things are more important than making the most money. Among them, national defense. In America, both parties have decided they don't want to work with China anymore, for varying reasons of ideology, ethics, and self defense. And they have decided that is more important to them than economic efficiencies.
However, some things are more important than making the most money. Among them, national defense. In America, both parties have decided they don't want to work with China anymore, for varying reasons of ideology, ethics, and self defense. And they have decided that is more important to them than economic efficiencies.