alt Hacker News>It doesn’t raise prices of domestic goods and actually increases demand for domestic goods.
Have you ever tried to purchase electronics in Brazil? I don't know if that increased demand for domestic goods is necessarily a good thing...
>It doesn’t raise prices of domestic goods and actually increases demand for domestic goods.
Have you ever tried to purchase electronics in Brazil? I don't know if that increased demand for domestic goods is necessarily a good thing...
Yeah, I think all of the arguments made for and against tariffs are only partly true depending on the context.
Interestingly, Lua came out of Brazil for these reasons...