- cross-posted to:
- world@lemmy.world
- cross-posted to:
- world@lemmy.world
Summary
Sweden is investigating the Chinese vessel Yi Peng 3 after it was tracked near two severed Baltic Sea data cables connecting Sweden-Lithuania and Finland-Germany, incidents suspected to be sabotage.
The cables were damaged within 24 hours, and Germany called it a likely act of “hybrid warfare.”
The ship, owned by a Chinese company, follows a similar 2023 case involving a Chinese vessel damaging a Baltic gas pipeline.
Germany, Sweden, Finland, and Lithuania expressed concerns, citing increased hybrid threats
At least a global effort to tariff them to some degree ao we arent completly reliant on them to the point we have no bargaining power whatsoever.
Tariffs are paid by the importer, not the exporter.
It’s immaterial who pays them, the end result is that the product is more expensive to export to the country who levies the tariff. If everyone does them to one country at the same time because they did bad stuff, that’s a sanction.
When Europe sanctions Russia and China, they’re basically just sanctioning themselves.
Yeah but the end result is that it makes importing goods by the tariffed nation more expensive and thus creates an incentive for other markets to fill the gap and applies more pressure squeezing them and creating an incentive to behave.
If all nations tariff a nation symultaniously thats what a sanction is.
We have sanctioned the Russians for their ukrainian effort ie all nations hace tariffed them to the point that it makes international trade untennable.
If something costs $10 from China after paying a tariff, but can be made in your own country for $7, what will happen?
It can’t be made in your own country for $7, because:
Yet another brilliant mind of the internet who doesn’t understand how tariffs work.
Ohh i understand exactly how tariffs work see my reply to the other guy in this thread.