#MrMarket Manufacturing needs less regulatory capture not more tariff protections. Veronique DeRugy, Mercatus Center.
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 24 May 2024
⏱️ 9 minutes
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Summary
#MrMarket Manufacturing needs less regulatory capture not more tariff protections. Veronique DeRugy, Mercatus Center.
https://www.creators.com/read/veronique-de-rugy/05/24/making-it-easier-to-make-things-in-america
1956 Detroit
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| 0:00.0 | This is a CBSI and the world. I'm John Bachelor. Manufacturing in America. |
| 0:10.0 | The big concern of several administrations, certainly the Biden administration, |
| 0:15.0 | is making the playing field level with the People's Republic of China. |
| 0:20.0 | Hence the news within these last days. |
| 0:23.1 | At the Biden administration, after trying to explain to China that its manufacturing over |
| 0:29.0 | capacity is a threat to global trade, has raised the tariffs on some electric vehicles, some green technology, |
| 0:37.8 | to 102%. |
| 0:40.3 | That is meant to be protecting the American market, hence the term protectionism. |
| 0:46.0 | I welcome Varenique de Regi of the Mercata Center, writing most recently a Creator's |
| 0:50.9 | syndicate of another way to enhance American manufacturing rather than |
| 0:55.9 | building a bigger and bigger wall. |
| 0:58.3 | Varenika, a very good evening to you what could be done to make manufacturing more competitive even with the subsidized and what you'd have to say overly |
| 1:09.6 | manufactured Chinese goods. Good evening to you. |
| 1:21.8 | Good evening John. Well, before we start imposing tariffs that are effectively a tax on American consumers. |
| 1:24.0 | I think the best thing to do if you want to especially |
| 1:26.8 | promote American manufacturing would be to lift |
| 1:30.7 | a lot of the regulatory burden that our agencies inflict on manufacturing. |
| 1:39.5 | That's really what I wrote about this week. |
| 1:41.5 | I never really quite thought about it. We've been talking a lot about how |
| 1:45.7 | manufacturing is doing well and by all account. I mean the output is at a nearly all time |
| 1:52.1 | high, the value, it's pretty impressive. |
| 1:58.0 | And I've also talked, we talked a in about this in the context of protectionism where people |
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