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[–] 16 points 1 month ago (6 children)

The best way to eliminate the trade deficit is to start manufacturing and selling something useful in big scale.

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  • [–] 12 points 1 month ago

    Like I don't know, massive amounts of solar panels and wind turbines? To reduce our dependence on foreign oil and energy?

    No, I must be crazy, that could never work because...? Because? Because they wont let it happen.

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  • [–] -1 points 1 month ago (3 children)

    And how do you propose that happens?

    Usually, instead of tariffs currency fluctuations form natural tariffs. However the Chinese artificially lower the Yuan.

    I think an alternative could actually be tariffs. Just not the way Trump implemented them. Do them slow and steady. Announce you will up them 1% each month for certain goods. Promise you will keep them for the long term, so get broad political backing for them.

    Just doing them on a whim is not something that gives people or companies confidence to invest into expensive factories, training and resources.

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  • [–] 1 point 1 month ago (2 children)

    Low interest industrial financing, environmental recovery relief, and tax breaks and subsidies.

    Industry will go wherever it is profitable to go. Make it profitable to make things here and they will. Tax them with tariffs and the industry will just go away entirely.

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