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re: Why are "free traders" quiet about foreign tariffs but apoplectic about U.S. tariffs?

Posted on 6/11/19 at 1:08 pm to
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124189 posts
Posted on 6/11/19 at 1:08 pm to
quote:

I work in corporate finance so I try to put things in journalist terms
I'm not a journalist.
I have owned and run businesses.

SWOT analyses were something that comprised a significant amount of energy at annual meetings. Anticipating/understanding risks and mitigation were something we spent considerable time addressing at board meetings.

Hence the questions.

Left unfettered, large corporations are better set to lever cheap foreign manufacturing, and use that leverage as an entry-growth barrier vs smaller companies. They are also better set to fully appreciate any anti-American costs of doing so. Pardon me for not shedding tears for any of them in this situation.
quote:

Small firms often have no such luxuries. No sophisticated teams of analysts. And a much greater sensitivity to fluctuations in transaction costs.
Again, business success is contingent on risk mitigation. The same is true of investment. Diversification is a key component in risk mitigation.
quote:

If China is a big buyer of a small firm, they are fricked.
Interesting hypothetical. Any actual examples of a small firm exporting in bulk to China.
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