alt Hacker NewsThe orange man is saying: "Looks like you are sending a lot of $$$ to those olive oil farmers in Tunisia. With my tariffs you now have two choices at your disposal: either you keep buying their Olive oil but then you are going to have to give me $$$ as well to pay for our national debt. You are going to buy less of it; and help your country in the process. Alternatively, you can decide that maybe you don't need olive oil all that much. We have this amazing product called 'corn oil' which is produced locally and is now comparatively less expensive, buy that instead and support your local farmer. Choice is yours".
Maybe you don't like either of these choices; but at the same time; saying "I believe that having cheap access to product produced halfway across the globe is a god given right to American people; how dare you imposing me to make such a choice" is part of the reason why we need 13 earth to sustain the modern US lifestyle.
I am really not a Trump supporter at all. But at the same time the gradual reduction of tariffs has been a key factor of increasing global trade; which in turn is a key component of the increase of CO2 emissions. Finding a way to dampen a bit the international component and making sure that locally sourced products and services are not affected seems not that bad.
Replies
> but then you are going to have to give me $$$ as well to pay for our national debt
You realize this money will not be used to pay down the national debt, but rather fund commensurate tax cuts for the very rich?
Their plan for the budget deficit is instead to slash expenditures (see DOGE and what they’re up to).
> I am really not a Trump supporter at all. But at the same time the gradual reduction of tariffs has been a key factor of increasing global trade; which in turn is a key component of the increase of CO2 emissions. Finding a way to dampen a bit the international component and making sure that locally sourced products and services are not affected seems not that bad.
I'm not sure about that part.
International shipping in particular isn't a huge part of the energy cost of the goods that get shipped, so making the same things locally doesn't save much. This is from 2016 so things will have changed since then, but back then it was 1.6% of emissions from shipping, vs. 11.9% from road transport: https://ourworldindata.org/ghg-emissions-by-sector
What trade does increase directly is the global economy, and that in turn means more money is available to be spent on energy; historically the energy has been carbon intensive, but everyone is now producing as much green energy as they have factories to work with, and are making factories for those green energy systems as fast as they have bureaucracy to cope with.
Sounds like a good argument for a carbon tax!
The whole "decide that maybe you don't need olive oil that much" thing is what's going to crush the economy in the US. The problem is that demand does not shift to alternative supplies elastically. It takes years and sometimes decades to build an alternate supply chain for some industries. So what you're saying is that an entire generation of children in the US are going to have to grow up materially worse off than their parents and grandparents. And that's assuming that a bunch of businesses magically start overnight to fill the enormous gaps caused by a lack of access to international supply chains. If you look at other countries such as in South America or for example Italy where there are huge protective tariffs, the industries you expected to magically appear didn't. Instead people just have less and work less.
So your dichotomy applies, but it's not some magical ratchet out of globalization unless there's a corresponding push on the federal or state level to build competitive domestic industries to replace the international supply chains we've been cut off from.