Yes, please! Maximally efficient is minimally robust.
We need robustness in the global economy more than some megajillionaire needs another half cent per customer in profit.
In addition, we need competition in a lot of areas where we have complete consolidation right now. The only way to get that is to give some protection to the little guys while they grow.
That is not what Trump has been doing, though. Using tariffs as retaliatory measures? As a threat because he didn’t get to "own" Greenland?
Let’s stop comparing sane political strategies to the actions of a narcissistic madman.
If their laws allow their leaders to enact tariffs then sure, they're welcome to do it. Foreign relations is complicated partially because countries operate differently. In the US, Congress is supposed to levy taxes and impose tariffs. Not the president. This game of nibbling (now chomping) at the edges of that clearly outlined role needs to end.
>When for example US tech is better than the local alternative but the countries create unfair advantages to the local alternatives?
We can still enact tariffs and similar policies. We have the same mechanisms they do. I don’t understand what is so “unfair.” Trump just seems to call everything he doesn’t like “unfair.”