Assessing the Evolving Global Competitiveness of the US Auto Industry (itif.org) 1 points by toomuchtodo 1d ago ↗ HN
[–] jqpabc123 1d ago ↗ Bottom line: The US economy is not really built for competitiveness.Instead, it is built to create and perpetuate functional monopolies.Tariffs are the end result. It is a regressive step toward protection and isolation --- not expansion.Unfortunately, China is on track to basically own international trade. Better start teaching your kids to speak Mandarin.https://www.businessinsider.com/wealthy-families-teaching-ki...
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[ 0.87 ms ] story [ 3.4 ms ] threadInstead, it is built to create and perpetuate functional monopolies.
Tariffs are the end result. It is a regressive step toward protection and isolation --- not expansion.
Unfortunately, China is on track to basically own international trade. Better start teaching your kids to speak Mandarin.
https://www.businessinsider.com/wealthy-families-teaching-ki...