“If you must have regulation, then make sure it applies equally to imports, at least from a price impact perspective.”
Slap a tariff on them increasing the price as if they were paying their employees $15/hour and conforming with all the taxes and regulations that American businesses must deal with. I think I’m joking.
“Slap a tariff on them increasing the price as if they were paying their employees $15/hour and conforming with all the taxes and regulations that American businesses must deal with”
If regulation is a good idea here, then it must be a good idea everywhere else, right? So make offshore manufacturing centers pay as if they had to comply with environmental, labor laws as they exist in the US. Let’s add the new “transgendered bathroom” regulations that without a doubt are soon to become part of every employers regulatory obligation.