• makingStuffForFun
    link
    fedilink
    arrow-up
    8
    arrow-down
    1
    ·
    8 days ago

    So I have not kept up on this.

    Is this just large scale brown paper bag diplomacy?

    • Alphane Moon@lemmy.worldOPM
      link
      fedilink
      English
      arrow-up
      6
      arrow-down
      1
      ·
      edit-2
      8 days ago

      Was not aware about the “brown paper bag” idiom, seems to be a US-specific thing.

      This is a market access in exchange for local production issue. Commonly used by countries such as China (in some industry segments), India, Brazil.