TARIFFS & SANCTIONS ARE FOR LOSERS NOT ABLE TO COMPETE FAIRLY

Tariffs and sanctions are often used as last-resort tools to mask incompetence and shortcomings. However, history has shown that they are largely ineffective, and over time, these measures tend to backfire, ultimately harming the very countries that implemented them.

We have also observed that countries targeted by sanctions have been driven to produce locally the very goods they once imported. This shift has strengthened their local economies and reduced their reliance on foreign imports, turning adversity into a platform for success.

Remember how the U.S. undermined Europe's GSM technology due to Motorola lobbying the government to compensate for its lack of innovation? We're now witnessing a similar scenario with the EU and the U.S. targeting China's advancements in the electric vehicle (EV) industry.