this post was submitted on 10 May 2025
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[–] Don_alForno@feddit.org 4 points 3 weeks ago

Then you can put tariffs on those goods, making the local option more viable, which ends up a bit more expensive for the customers but with a better result for your own country in the long run.

Even where there are local options, with these ridiculously high tariffs on everything, companies already producing locally will raise their prices, knowing that their competition from abroad will have a hard time to get into the market.