Competition is a race to the bottom in capitalism. Government intervention has nothing to do with their race to bilk people of as much money as possible, except with regulatory capture.
Leaving them to their wiles just gets you even worse products for higher prices. The problem won’t solve itself, especially with such a high barrier to entry.
If we have the chinese companies selling solar panels at X, it provides a ceiling that American companies must beat to be competitive. If Biden doubles that via tariffs, well then the American companies can double prices.
Competition is a race to the bottom in capitalism. Government intervention has nothing to do with their race to bilk people of as much money as possible, except with regulatory capture.
Leaving them to their wiles just gets you even worse products for higher prices. The problem won’t solve itself, especially with such a high barrier to entry.
If we have the chinese companies selling solar panels at X, it provides a ceiling that American companies must beat to be competitive. If Biden doubles that via tariffs, well then the American companies can double prices.