Is anything going to come of this or are they gonna get away with it as always
this post was submitted on 20 Nov 2024
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What do you want to happen?
Oh, wait, do we get to pick? excited noises
For an automatic monitoring system to go "ping-ping-ping" and then a naval drone goes after the offending ship.
Or, now that they could identify the ship, "peng-peng-peng".
Or, now that they could identify the ship, "peng-peng-peng".
Nuke the yi peng or something like that
Well that would be a message the ccp would understand
Oh of course
At least a global effort to tariff them to some degree ao we arent completly reliant on them to the point we have no bargaining power whatsoever.
Tariffs are paid by the importer, not the exporter.
It's immaterial who pays them, the end result is that the product is more expensive to export to the country who levies the tariff. If everyone does them to one country at the same time because they did bad stuff, that's a sanction.
Yeah but the end result is that it makes importing goods by the tariffed nation more expensive and thus creates an incentive for other markets to fill the gap and applies more pressure squeezing them and creating an incentive to behave.
If all nations tariff a nation symultaniously thats what a sanction is.
We have sanctioned the Russians for their ukrainian effort ie all nations hace tariffed them to the point that it makes international trade untennable.
If something costs $10 from China after paying a tariff, but can be made in your own country for $7, what will happen?
It can’t be made in your own country for $7, because:
- Wages aren’t set artificially low in your country, due to currency values and exchange rates.
- The raw materials aren’t available in your country (would either need to be mined or imported)
- The factory to create the parts from the raw materials doesn’t exist in your country and will need to be designed, permitted, built, and workers will have to be hired and trained. And the wages for the designers, construction companies, engineering companies, and workers will all be higher than those in China.
- The factory to assemble the parts from the factory above doesn’t exist either. Same issue as above.
- All of the above will take at least a few years to accomplish, and the wages will still be higher than those in China.
Yet another brilliant mind of the internet who doesn't understand how tariffs work.
Ohh i understand exactly how tariffs work see my reply to the other guy in this thread.
Paywalled.