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Rapid growth of Temu and Shein threatens US businesses and consumers, Biden says.
Archived version: https://web.archive.org/web/20240913222431/https://arstechnica.com/tech-policy/2024/09/biden-moves-to-crack-down-on-shein-and-temu-slow-shipments-into-us/
Neither the US nor China are truly free markets. They both play with taxes, tariffs, and subsidies to affect commerce both international and domestic.
Yeah but the US is the one constantly jerking itself into a frenzy about “free markets”
“True free markets have never been tried!”
lol
I love this libertarian obsession with “true free markets” as if there has ever been or ever will be a market with no nation-states or major conglomerates putting their fingers on the scale for their own self interests. What a world it must be to live in where one is so high on idealism that they somehow miss how incredibly fucking worthless even considering such a thing is when a child could point out that would never occur.