Rapid growth of Temu and Shein threatens US businesses and consumers, Biden says.
  • catloafEnglish
    131·
    2 months ago

    Neither the US nor China are truly free markets. They both play with taxes, tariffs, and subsidies to affect commerce both international and domestic.

    • DefinitelyNotAPhone [he/him]@hexbear.netEnglish
      51·
      2 months ago

      I love this libertarian obsession with “true free markets” as if there has ever been or ever will be a market with no nation-states or major conglomerates putting their fingers on the scale for their own self interests. What a world it must be to live in where one is so high on idealism that they somehow miss how incredibly fucking worthless even considering such a thing is when a child could point out that would never occur.