this post was submitted on 14 May 2024
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The only worker friendly tariffs is using wage differential in the sector, but crucially contingent on its size (updating yearly). Chinese get paid 3-4 times less? Cool slap 200 percent tariff, they get paid the same? Too bad, git gud
It speeds up wage equalization across the world, i find it disturbing that women in bangladesh can make a t-shirt for 3 bucks a day, some dipshit with a printer can put some sign on it and get paid 30 bucks an hour
so china will make special usa factories where they pay workers usa salaries, the price will rise by like 40 percent, still less than a tariff, but everyone happy
Im describing what i think worker-led trade policy should be, not like that unions have that amount of power