When you skip the economic homework before rolling out policy, surprise effects tend to show up 🤷♂️
Case in point? Tariffs hitting American-made gear harder in overseas markets.
Reed's numbers tell the story: "We export one out of every four big tractors built stateside - destinations like Europe and Canada."
The irony? Policies meant to protect domestic production can wreck your export game. Equipment manufacturers are feeling it - what gets assembled in the U.S. suddenly prices itself out when tariffs enter the equation abroad.
Classic unintended consequence playbook.
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DAOdreamer
· 12-12 16:30
Tariffs are the sharpest sword; cutting your own people hurts the most...
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OnchainDetectiveBing
· 12-10 12:47
Tariffs are just ridiculous. They were meant to protect domestic industries, but now our own products can't be sold abroad. Truly a classic case of fighting oneself.
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ETHReserveBank
· 12-10 12:37
Protectionist policies backfire, exporters become the scapegoats
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gas_guzzler
· 12-10 12:27
Another case of shooting oneself in the foot—tariffs really are a double-edged sword.
When you skip the economic homework before rolling out policy, surprise effects tend to show up 🤷♂️
Case in point? Tariffs hitting American-made gear harder in overseas markets.
Reed's numbers tell the story: "We export one out of every four big tractors built stateside - destinations like Europe and Canada."
The irony? Policies meant to protect domestic production can wreck your export game. Equipment manufacturers are feeling it - what gets assembled in the U.S. suddenly prices itself out when tariffs enter the equation abroad.
Classic unintended consequence playbook.