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President Biden announces a series of tariffs on green energy products from China. (lemmy.ml)

submitted 1 year ago by [email protected] to c/[email protected]

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[-] [email protected] 4 points 1 year ago* (last edited 1 year ago)

Why would the main benefactors and purchasers of this policy position (the Big 3) greenlight their destruction? This is US capitalist policy at play. They can't compete internationally and had to purchase their domestic protection.

[-] [email protected] 1 points 1 year ago

Well the secret here is that the Big 3 don't physically control that policy. They can only bribe politicians and hope they stay bribed. And sometimes a protectionist policy looks like the bribe is working but it's just a prelude to a different planned move. Like trust busting.

this post was submitted on 14 May 2024

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