Comment on Donald Trump Vows 200% Tariff on John Deere if It Moves Manufacturing to Mexico

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Lovstuhagen@hilariouschaos.com ⁨5⁩ ⁨days⁩ ago

Yeah, like I am totally a supporter of protectionism because it makes sense to throw a bone to local industry and enable them to compete, especially when that is the de facto position of most societies around the world.

It’s also bizarre to do massive bailouts for certain industries then just become super principled about the free market on another one.

I had heard it said that the reason why the US sometimes tolerates grave trade imbalances and sending jobs abroad is because it gives us a lot of diplomatic clout.

Like I just recently learned that when India is negotiating deals with the USA, the issue of H1B visas is openly discussed. The reason that Indians take up such a massive amount of the H1Bs doesn’t have much to do with collusion within the immigration system - it has to do with promsies we make to unload their skilled workers into the US since they depend on the remittances they send home and being able to give some kind of good deal to their own citizens who have an education. It is a massive pressure relief valve that they can send huge amounts of Indians abroad since it means that they do not have to provide opportunities for them at home (because there are none). Without this, there’d likely be a hell of a lot more unrest in India.

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