this post was submitted on 18 Oct 2024
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Explain Like I'm Five

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[โ€“] [email protected] 2 points 3 weeks ago (1 children)

Not at all. It's necessary to protect your own industry.

But mostly the tariffs are there to protect the capitalist class. When globalism hurts workers and offshores our jobs our politicians do nothing, but when profits are threatened they act swiftly.

[โ€“] [email protected] 4 points 3 weeks ago

No. Mostly they're put in place to protect the domestic industry from being run out of business from cheap exports.