• barsoap@lemm.ee
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    3 days ago

    Even then, as a democracy, you can only do really mild tariffs as companies won’t trust the tariffs to stay high come the next government. You instead subsidise, in whatever form, including things like long-term supply contracts. If you want to push domestic ball point pen production, just order your administration to prefer buying domestic ball point pens if they’re within what 20% of the import price, then slowly reduce that rate but keep the preference to make sure your ballpoint pen industry is productive, efficient, and competitive. Make it a 10-year supply contracts the next government can’t just cancel. If you’re the US, give them to teachers to give children.