Effective Tariff Strategies And Their Crucial Role In Technology Transfer Policies

Effective Tariff Strategies and Their Crucial Role in Technology Transfer Policies The implementation of tariffs can play a pivotal role in addressing the challenge of the forced transfer of technology and production facilities to China. Tariffs, when strategically applied, can act as a protective measure for domestic industries by making foreign products less competitive in the local market. However, to truly be effective, tariffs must be part of a broader policy initiative aimed at reducing the compulsion on firms to relocate their technology and production capabilities overseas. One of the…