> Tariffs should be expansive enough to take things like cheap labor in foreign countries
But why? Monaco has 39k people and a GDP per capita of $240k. Would they be better off if they instituted auto tariffs so that the cheapest option for selling cars to Monégasques was to build the world's least efficient auto factory? On the world stage, the US is basically a big version of Monaco.
But why? Monaco has 39k people and a GDP per capita of $240k. Would they be better off if they instituted auto tariffs so that the cheapest option for selling cars to Monégasques was to build the world's least efficient auto factory? On the world stage, the US is basically a big version of Monaco.