China did not let US companies establish completely foreigner subsidiaries, yet the US granted it MFN status.
However, the US had protective tariffs since ever too.
Not to mention the controls on migration and remote work (which is a very significant drag on economic growth, as it prevents more efficient allocation of labor).
Well, when was it last free? A few millena ago?
China did not let US companies establish completely foreigner subsidiaries, yet the US granted it MFN status.
However, the US had protective tariffs since ever too.
Not to mention the controls on migration and remote work (which is a very significant drag on economic growth, as it prevents more efficient allocation of labor).