If Chinese prices are jacked up after driving competitors out, U.S. producers could re-enter the market, preventing monopoly extraction because there are multiple sources of most imports
causalpending
Speaker
Larry SummersEvidence Quote
“China's only one source of them. If the price did get jacked up, our producers could reenter uh the market.”
Source
Tariffs, Decline, and the Promise of AI | A Conversation with Larry Summers and Niall Ferguson— University of Austin (UATX)Created: 8/11/2026, 6:52:24 AM
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