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

submitted 4 months ago by [email protected] to c/[email protected]

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[-] [email protected] 3 points 4 months ago* (last edited 4 months 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] 0 points 4 months 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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