
比特傻|Apr 03, 2025 04:05
The Resolute Indian Classmate
1. The US tariff policy reminds me of my Indian classmates in college
Why is India having such high tariffs and market access restrictions?
The Indian student said firmly:
If India does not impose tariffs, products from industrialized countries will be dumped in India. In this way, India will spend money to buy goods from industrialized countries, and it does not have any advantageous products to export
In the end, India will become increasingly impoverished. Therefore, India must persist in high tariffs for the long term.
This time is probably around 2013
2. Sha Ge was very surprised that Indian classmates would think like this at that time
Because at that time, the long-term implementation in China was an import substitution strategy
After the protection period of high tariffs, industrial products from various industries need to gradually reduce tariffs and counterattacks
Kill foreign competitors and crush the industrial sectors of developed countries.
Behind the firm ideas of Indian classmates, there is a great lack of confidence
Indians will never be able to catch up with the products of advanced industrial countries, and there is no possibility of domestic substitution in India
3. The situation in the United States is different
The Americans are clumsy, and most of the industrial products can't compete with the dexterous East Asians in the end
The core export of the United States is the combination of the US dollar and military support
This is also the top export commodity
4. What is the essence of tariffs
It's the Great Wall
Similar to building the Great Wall in ancient China to resist invasion
Americans build the Great Wall for fear of being dumped by industrial products, which reflects the decline of industrial capacity
Not good for cryptocurrency assets
It is beneficial to the overall national fortune of our country
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