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0 sats \ 5 replies \ @kepford 27 Jan \ on: Trade and Tariff Wars are How Armed Wars Start ideasfromtheedge
Yep and so are sanctions. But also many governments have tariffs but don't go to war.
I hope the tariff thing is mostly a negotiation thing. Many people don't know that Biden upheld the China tarrifs. I mean, it's a tax and it drives up prices for goods just like all taxes. It's just harder to see.
I didn't say Tariffs. I said Tariff Wars. Highly risky, especially as they expand.
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How do you define any war? With escalation. If I take one cannon shot at you and you take one cannon shot at me and we stop. That's not a war. If it escalates to regular shots and escalation then there's a war. Is it not the same with tariffs and trade?