this post was submitted on 16 Mar 2024
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[–] PanArab@lemmy.ml 26 points 2 years ago* (last edited 2 years ago) (2 children)

Some markets aren’t worth the trouble. It is not like Iran is losing access to China. It is losing access to a market that it had very limited access to if any.

[–] FiniteBanjo@lemmy.today -4 points 2 years ago (2 children)

Competition drives prices down. Bare minimum economic theory for you, you're welcome for that.

[–] PanArab@lemmy.ml 22 points 2 years ago

Who is going to undercut the Chinese? This I want to see. Maybe the Europeans shouldn't slap tariffs on Chinese products then.