Increasing the tariff wouldn't help. It would just create retaliatory tariffs and

Wouldn't actually change how uncompetitive we are.

We have a NMW miles higher than what China pays its workers

We have H&S laws far in excess of China

We have environmental taxes China skirt environmental issues

Our labour productivity is miles lower than China

We pay more for our raw materials to make the steel than China does

Doesn't take much to work out that David Ricardo would have a field day.

Posted By: Sonic, Mar 30, 22:32:25