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The headline made it sound sort of bad, but reading this and the WSJ article, it makes you wonder why it wasn’t done sooner.

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Because it will make some goods much more expensive for everyone in the US. This can have unintended consequences.

True, but that’s frankly still a net positive side effect if you add climate change to your model.

The US can still choose to subsidize certain types of shipping if it wants to, but if this negotiation tactic works it will no longer be forced to.

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