alt Hacker NewsI dislike this analogy because a nation is not a person grocery shopping and anyway if a single grocery store was the only way to get food that would put me in a very lopsided relationship with them and the power dynamics in such a case are obviously bad for the person.
Nations have interests and there’s a real conversation to be had that a country should ensure it has strategic industries so its existence is never at the whims of another.
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This is one view. Another view is that maintaining economic interdependence between countries — aside from making both countries richer via specialization and comparative advantage — is a great way to incentivize cooperation and prevent them from killing each other.
Examples here: https://www.hoover.org/research/when-trade-wars-become-shoot...
> a real conversation to be had that a country should ensure it has strategic industries
Then let that be the reason for tariffs rather than the bullshit argument of trade deficit = taking money.