The problem we have with cutting freight shipping is that American companies are reliant upon transoceanic shipping for their goods as well.  The only solution for them would be to fire American workers and build factories closer to foreign markets, which nobody wants.  American agriculture and forestry remain some of the top export industries, and they have influential lobbies in Congress.  They would have to take a huge haircut to not export, so I doubt cutting back freight shipping would be politically feasible.    I expect China to soon ban certain imports from the U.S. in retaliation for the EV ban, and some of that could be the vast quantities of food we produce that could be had from elsewhere.  Protectionism sounds nice until other countries retaliate.  That is why more aggressive trade coordination would be ideal to ensure nobody is benefiting from treating workers like slaves.


On May 22, 2024, at 08:58, Michael Meeropol <mamee...@gmail.com> wrote:


I want to strongly agree with Mark's last paragraph:



I have no problem with doubling their price of $14k EVs to address the environmental damage done to the planet in a manufacturing powerhouse that has much weaker pollution laws than in the US and no independent unions protecting their workers.  Otherwise, the reward for environmental protections and unionization is to be put out of business by foreign manufacturers that face neither. 

Mark

I know this is "pie in the sky" but the long run attempt to rein in spewing carbon into the atmosphere MUST include cutting down trans-oceanic shipping --- until we can run container ships with solar collectors or giant batteries charged by land-based wind and solar farms --- we need to drastically reduce all international trade in heavy goods --
despite the economics' profession's anathema to "protectionism" it actually has important pro-environmental side effects --- 

of course as with all dreams of Marxists, "how to get there" has always been the problem ...
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