You are viewing a single comment's thread.

view the rest of the comments →

1
7

[–] RoundWheel 1 points 7 points (+8|-1) ago  (edited ago)

Not saying this is a bad deal because I don't know. But protectionism can also cause huge problems.

Because Trump's tarrifs disappear after five years this may not be terrible. But what happens after the tariff dries up and the community's incentive is done and for example it turns out we paid an extra $200,000 per job (for 50k/yr jobs) just to keep it here? Again, not saying this is the case but am playing devil's advocate.

Tldr be cautious of protectionism. Usually tax payers are the losers. Does this qualify? I dunno.