I did not hear them blaming anything, I think it’s working as expected. Despite materials coming from China, it is safer for us to have them assembled in Mexico to decrease our reliance on China altogether which is happening.
The worst of all is the US had everything to create a huge synergy with Mexico, but because of racism, that opportunity is now moving further and further away
Suddenly the US is not fan of free market, it's the Chinese companies relocating to Mexico the same way US companies relocated to Mexico, it's the companies not the country, it's free market. Deal with it.
I'm not American. But I really understand why USA is not fan of free market right now, especially towards China. It's because China chooses to be protectionistic. China runs a closed market system to protect the CCP's interests. Free market is an open market. So, there's a collision here. So far, USA has long obeyed China's rules and that has made USA suffer more debt. China has 1.4 billion people to feed, while USA has only 340 million people. That's why communist China uses dirty tactics: firewall, espionage, IP theft, hacking, forced labor, sabotage, cheating, lying, using back doors and many more. China is actually more dependent on USA economically, not the other way around.
I'm not American, but I really understand why USA is not fan of free market right now, especially towards China, since China runs closed market system. Chinese companies obeys the CCP. Free/open market vs closed market. There's collision.
When China is playing by the rules USA set for game but now seeing NOT at its best interest.. USA is blaming China using the back door? We created this back door…
I don’t think anyone is blaming anyone for this not working. Despite materials coming from China to Mexico, the final product is being assembled in Mexico, which does decrease our reliance on China.
@@tooltalk likewise ,since when have we also well? We only like to make the world orders going our way. If China builds a factory in Mexico and ships the cars into USA like the big 3 and other brands do to avoid let's say the chicken tax. What dont they follow the rules in order to avoid tariff? Let me hear. Like i said originally. That free trade agreement among Canada,USA and Mexico..why do we have that at the first place? That we want to make and build Mexico great again…please don't be naive... but i know you are not but you just can't face the fact when someone is eating our lunch but that's ok we eat theirs, Right
Then this new stupid trump administration want to send the immigrants back?. Lol. China and Mexico said you most welcome. China won both side. . Mexico, remember THEY ELECT THE FIRST WOMAN PRESIDENT THAT IS SMART AND NOT SO CORRUPTED. ALL FOR THEIR PEOPLE ❤
China declared war on the US a long time ago. Is there any US technology and know-how they are not trying to steal? China's mercantilism is a form of economic war.
The US never get it. If Mexico is prosperous, the drug smuggling and illegal immigrant problems that hit the US for decades will end. Chinese investment in Mexico help the US indirectly. The US should be grateful that China want to invest in Mexico and help Mexico to become more prosperous.
The US government never cared about that. Every group of migrants trying to cross the US/Mexican border comes from a country where the US has meddled with their elections and/or natural resources.
Us doesn't give a damn about Mexico becoming prosperous. When has the US ever made any country prosperous outside of Saudi Arabia. US needs slave labor. That's how corporations reap the rewards. The US wants Mexico and other countries in South America to remain poor.
Most illegal immigrant comes from other central and south America. Not from Mexico so mexico prosper doesn’t help at all with the illegal immigrants issue
Chinese factories are built in Mexico because of the international market for North and South America-not only for the US; the world is so much bigger than the US.
right lol people immediately think the US when these cars are far more affordable to people who LIVE in mexico, latin and south america. Its not just for the US and Canada
If the US wasn’t a thing China would not care about Mexico, quit acting like they would build all these factories to sell to broke ass Brazilians or the small amount of Canadians. That exist. Sure they make money from many places, but it’s NOTHING like the US
Did you not hear what the yearly pay for Mexican truck drivers is? 😅 If you put all of Latin America together they still wouldn't even come close to the sheer purchasing power of the US 😂 Also, I love the stupid "things are cheaper here" argument you people like to bring up in this conversation, YES, things ARE cheaper there but, that's only because your wages are ALSO low if not LOWER! It's all relative😅 What difference does it make that goods are cheaper in your country if you barely even have money to get by let alone buy those "cheaper goods" 🤣
Actually, I try to avoid "Made in America" unless it's of exceptional high quality or cannot find alternatives. The local manufacturers usually mean overpriced compared to those manufactured in Asia(not necessarily China).
@@pgdog888right. I can argue buying the expensive German-made or Japan-made products for its quality. However, I rarely find anything local up-to-date or with good quality that deserves their premium price.
@@samsonsoturian6013that doesn't even make sense. You are saying that china, the country that started a war to ban opium, wants opium through Hong kong? Braindead.
@@samsonsoturian6013 no it wasn't, and the British being the Opium Dealers then, created several Opium Wars the British were involved in. Anything for A "Bloody" Pound Sterling!!! Good try at revising history!
@@Akjugo yep. Especially at Walmart. I buy local. Walmart in my area has a whole aisle just with local products. They taste way better too. But I live in the south which is an agricultural powerhouse.
Lol that country is getting old, they scammed the world for a very long time…they will keep having a struggling economy…nobody wants to be played for dumb anymore
American customers already have plenty of choices when it comes to say buying automobiles locally. There are no fewer than 2 dozens of local, foreign companies competing for their dollars.
, big Corps and 3 letters agencies destabilized nations across all the Americas for decades to gain control and establish their corporate dominance while demolishing local competition & non aligned govments by either force, bribery (corrupt) or $$. Same old but in reverse now🤷. They blame china for doing the same thing they have done for eons 😅.
I am Canadian working in mexico. ElPaso is small crossing point vs Laredo which is #1 border crossing in the world. US did this to curtail many exporters into USA. Mexico has factories from Japan Korea and especially Germany and Spain. China is late to the party. Chinese car companies are not in Mexico. They sell complete cars in mexico not USA
China doesn't need a factory in China because they have cheap labour unlike Japan n other Western countries.. they're coming now due to the tariff war.. that's all..
Not just that. A trade barrier lowers competition in the market, which has been proven time and time that it actually increases the price of other alternatives in the market.
In fact, the Chinese are making less money because costs have increased, so although the United States has lost, the Chinese have not won either, and it is a lose-lose situation.
1) Mexico is an independent country, not part of USA. What US is currently thinking and acting are quite imperialistic 2) U, the consumers, are paying the tariff to ur govt. Tariff is paid by american importers, and then transfer to consumer, not by sellers
Mexico, which I live in while being an Expat from the US, is a Banana Republic run by the US and UK. Why do you think the official name of Mexico is "Los Estados Unidos Mexicanos," aka The UNITED STATES of Mexicans/Mexico??? Just to mention, The Office of the Americas for the BIS/Bank for International Settlements, aka The Central Bank of Central Banks, is right in CDMX, aka Mexico City. The BIS is in Basel, Switzerland. OY VEY!
De hecho, México en toda su historia, ah aportado mucho al mundo. Desde la TV a color, píldoras anticonceptivas, tinta indeleble (usada para elecciones presidenciales), concreto traslúcido, entre otras cosas. Y pidieron haber sido más, de no ser que los gobiernos de Estados Unidos, al ver qué México mejoraba cada vez más y que existía la posibilidad de poco a poco dejara de depender de USA, para crear relaciones con países igual de poderosos como lo fue la URSS, USA intervenía, poniendo sanciones, catalogando los proyectos mexicanos como avariciosos, y hasta llegado al punto, de haber desaparecido a investigadores mexicanos que salieron del país a buscar apoyos y nunca más se supo de ellos.
Thank you for this insight into the border trade Mexico to the US. From little New Zealand's perspective the amount of trade, infrastructure and investment you discuss is astounding.
Tariff import tax makes prices higher, sales lower. All taxes do that. American consumers lose, because importers will pass on higher cost to consumers. China will find backdoors. It didn't slow down China. Where's American first?
In trump’s logic that means tariff not high enough. For instance, if you put 200% tariffs on cars i believe all cars will be made in the US it’s just now you have to pay 40k for your original 30k tesla. If you put 1000% tariff on shoes all shoes will be made in the US it’s just now a pair of nike will cost $1000
This is what they are voting for more Tarrifs 😂😂😂 then they blame the consequences of their voting decisions on the blue party when it was the orange man who created this in the first place
@@charlotteyork7074the biggest joke is thinking you have a choice between red and blue. When the only color that ever mattered is green. Lobbyist and corporations get the vote. Rest of you better cough up the dough
@maman89, you're simultaneously right and wrong. Politicians get paid while society gets played, but there are still better options. I tend to like bodily autonomy.
@@nktaylo1 keep yelling about bodily autonomy. Thats how they stop you from talking about a single medical emergency would bankrupt the average american.
protectionism prevents competition against local production in short term but may cause these companies out of real competition and reduce improvement and being loser in short term US set tariff and sanctions on several thousand big to medium chinese companies, but China rarely counter these tariff and sanction, in order to keep up the competition for improvement
Ironic, communist China a protectionistic country lectures other countries to not be protectionistic. Unfair. China's protectionism: 1) Americans are not allowed to buy land in China. But, Chinese buy land in USA. 2) Americans are not allowed to take over Chinese companies. But Chinese buy lots of American companies. 3) China forces USA to use the front door in trade. USA obeys. But, when USA forces China to use the front door, China uses the back door. 4) China often forces Americans to transfer technology secrets if Americans want to do business with China. 5) China often forces Americans to set up factories in China instead of selling directly from USA. But, China chooses to sell goods directly from China to USA. USA: China, are you protectionistic against me? China: Absolutely. USA: I will use the same protectionistic ways against you, then. China: I condemn it!!!
China doesn't like competition either. China doesn't like to play fair. Communist China runs closed market system. USA runs free/open market system. USA obeys the rules made by China, but China still doesn't want to change their market system. Communist China doesn't allow Americans to buy Chinese lands. But Chinese somehow can buy American lands. Communist China doesn't allow Americans to buy Chinese companies. But Chinese buy a lot of American companies. USA has unions. Communist China doesn't.
Now I start coming to a conclusion after reading the comments and watching the video. The MAGA statement "Make America great again" literally means another America country, Mexico 🇲🇽
The funny thing is that Biden has kept the same tariffs! So on that part they also went MAGa. Since this report is done while Biden is president not Trump. If they didn’t agree or felt were bad they could have removed such tariffs.
I’m glad China is doing this because if they weren’t, we as consumers would be paying way higher prices for Chinese products/cars because of the tariffs. We, the consumer, would be paying the price for US made tariffs
Calling SKF a Swedish car parts maker is wild. They are world's largest bearing manufacturer literally used in every industry and are in almost every mechanical operation
The U.S., with all of our hubris and aggression, is a liability to the world. More and more, other countries are finding ways to avoid the insanity of U.S. politics. They have every right to do so. They also have every right to defend themselves, when the U.S., and its allies, try to use war as a means of conducting business.
No worries. Many Western nations are taking similar counter measures against China's subsidies violation as China is flooding markets abroad with heavily subsidies goods.
I live in Mexico and my city has a lot of Chinese people. They have there own plazas and they own real state as well. My house I bought from a Chinese family.
@@msa6844is the same here in usa lol they come with mexican citenship to buy houses 😂 as Mexicans so when they buy the houses come as mexican not from China
In this global economy, trying to get ahead based on tariffs is short-sighted. This is just an example of something that cannot be prevented. It's like the mass deportation exercise the US will go through, it will end up shooting its own foot.
US is still importing stuff from China, it's just that they're importing indirectly via Mexico. This just cost more because the 3rd party middle man (Mexico) in between.
Well, Trump put tariffs on Chinese goods, making everything more expensive for Americans. That's part of why Americans are paying more for everything, Mexico is just doing good business.
Donald loves stroking himself while telling the American people he can fix our economy then goes and looses 7 trillion while president. Yeah I’m totally believing these tariffs will benefit us….
Why is CNBC blaming China? It's playing by the rules set by USA. USA should have thought about it before coming up with tariffs. The problem is US industries are not competitive enough.
Mexicans aren't the ones coming to the US, it is other Central and South American nationals... Please don't comment on stuff you don't know anything about...
@@RK-um9tu Do your research. Mexican is the most common nationality for people crossing the US southern border, with 617,770 encounters in the 2023 financial year.
Imagining a sofa made in USA, how much will it cost? 2000 or 3000USD for a plain sofa? Plus shipping? When you can get a Chinese sofa with Leather and good quality for 500USD? I wonder how many Americans will be patriotic enough to choose the previous one. Chinese products are just too competitive, we have hundreds of millions of highly skilled and hardworking labor forces, efficient government, world class roads, highways, ports, transportation system, and the complete supplier chain from raw materials to finished goods. Sorry America
When I was a boy in the 1960s, YOUR country was starving millions of people to death. Then came the Uruguay Round of GATT in the 1980s, which was made legal in the US and UK. The next thing you know Trillions of USD and British Pounds flowed right into Communist China. Here we are today! Communist China will decline just like the US did. As soon as your labor costs start intruding on the ROI of those Investors/Shareholders/Owners, Communist China will shed jobs way faster than the US did since the 1990s. YOUR country right now can't feed itself without importing food. The Clock is ticking, so enjoy it while you have it!
They are complaining Chinese goods are cheap but low quality at this stage. I am laughing. I am very confident that my country can make goods high quality, but you American can afford high price? think about it.
The us people think their life quality is too high, they want to get back to the 3rd world country, buy super expensive goods and have a low life standard.
I plan to retire at 62 in another country outside the US that is free, safe and very cheap with a high quality of life. I could fully just rely on only my SS if I wanted to when that times arrives but l'll also have at least one pension, a 403 (b) and a very prolific Investment account with my Stephanie Janis Stiefel my FA. Retiring comfortably in the US these days is almost impossible.
I went from no money to Invest with to busting my A** off on Uber eats for four months to raise about $20k to start trading with Stephanie Janis Stiefel. I am at $128k right now and LOVING that you have to bring this up here
To be honest, China is the country that served the American peoples best interests by providing cheap goods, however US corporations in the middle, made a lot of money.
Serving.. China benefiting from that big client, if not, it would not be the semi developed (economically) country is now. Sometimes also worth to thanks and respect your clients.
Yup. Makes me wonder how much we'd be making if US corporations didn't export our jobs to China starting in the 80s. C-suite and shareholders took all that cost savings to their wallets and we lost our jobs and were pacified by cheap goods from China.
@@lodovicobernardi When assembling an iPhone in China, Chinese workers only get 2% profit, American company has made the biggest profit, but because China didn't waste money on the war, American company hasn't paid enough taxes to American government, That's why you feel that China is the biggest beneficiary
I can say from first hand experience, Laredo is exploding in city development because of this. Every time I went there as a truck driver, something new popped up. A store, a restaurant, etc. It was nonstop because of these companies investing in the place. It's likely not gonna stop either because these companies don't have to fight for space. There's plenty of it there.
Laredo is one of a few Border Portals that mass commerce flows through, mainly in TEXAS. Trains and trucks!!! Like that Ford or Ram pickup? Both are made in Mexico. With railroad that would be Kansas City Southern de Mexico, S.A. de C.V.. From the Mexican Pacific Ports, right to TEXAS, with a short stop in Mexico City/CDMX. Isn't Intermodal AWESOME??? Let's not forget about those Car Carriers, both trains and trucks! From Monterrey and beyond, to Laredo, then right to San Antonio, TEXAS.
I'm favoured only God knows how much I praise Him, $230k every 4weeks! I now have a big mansion and can now afford anything and also support God’s work and the church.
Only God knows how much grateful i am. After so much struggles I now own a new house and my family is happy once again everything is finally falling into place!!
I started pretty low, though, $5000 thereabouts. The return came massive. Joey is in school doing well, telling me of new friends he's meeting in school. Thank you Evelyn Vera, you're a miracle.
We either live in a free society or we are going to keep consolidating oligopolies and inflation will occur due to lowered competition. US businesses will do everything in their power to limit competition. It's sad to see America becoming less free.
Why do you think there isn't enough competition in the US? China has banned foreign EV battery comeptitors since 2015 to protect their local industry and ultimately dominate the global battery supply-chain.
@@tooltalkpretty much everything is owned by a few major corporations that encompass many brands. We have the illusion of choice but in reality there is none. Competition is good for you and me but that means many failed businesses, workers unemployed and abissmal profits. There is a reason why most industries like the airlines, food have consolidated into a few companies, its impossible to make anything with so many companies around
@@tooltalk It's not really the end of the world if China chooses to expend its wealth on selling us EVs at a loss. Without subsidies, EVs are currently too expensive to compete with ICE vehicles, and I am happy for Chinese taxpayers to be paying for those subsidies rather than Americans. Of course, we are also paying for some subsidies, but not nearly as substantial as what they're doing.
@@crusherven that's good for consumers in the short-run, but devasting in the longer-run because there would be no local competition. Again, this is why China banned foreign EV battery competitors back in 2015 to protect theirs -- and forced all foreign, local EV OEMs to switch to local batteries by local Chinese suppliers to build up their local industry.
Usa has always been hypocrites. They want their money but they don’t want china going into the same market as them. Yet let others compete with them ex cars. South Korea, Germany and Japan can enter the car market but China’s not allowed.
@@duderandom1266 the same bankers that own the fake federal reserve own the weapon manufacturers too. They have been stealing from the us through the fake federal reserve so long, they own most everything of value.
You're never going to beat cheap labor from Mexico. So for all those crying about the United States not paying a fair wage you're right. So learn a skill or trade and make more money because that adds value to yourself
double whammy….And an advantage for US…. More Jobs in Mexico means better life for people in Mexico and they don't need to cause border immigration issues…. China's solving the actual CORE problem with US and Mexico immragtion issues. US doesn't actually need the JOBS and Mexico economy is developing a stronger Mexico a stronger US neighbour…. With a skilled workforce
Mexicans haven't been crossing the border for quite some time. It's people from central and south America along with other asylum seeking people. Mexicans know the usa is hot garbage and is extremely expensive. No snse in trying to make it in a dumpster fire. It's no longer the american dream, it's the Mexican dream
It's been a while where mexicans aren't the majority of the immigrants crossing to the US. Mexico has been on a rise and it shows. 9.5 million people out of the poverty line and counting.
Mexico City has asked US corporations to source raw materials from within Mexico to manufacture in Mexico in conjunction with US manufacturing plants, to help US jobs stay in the US, this in order to curve Chinese imports. Mexico’s government policy towards trade with the US is that of complementation and not one of competition as recently stated by Mexico’s president Claudia Sheinbaum. The US will soon have a Japan style manufacturing powerhouse attached to its border. With geopolitical neutrality as a sovereign nation, Mexico will also be a financial safe haven like Switzerland.
@ the Mexican economy will be unstoppable as long as the US is the world’s largest consumer market with the largest purchasing power - and even if the US loses market share, Mexico will still be a manufacturing powerhouse
Investing in alternate income streams should be the top priority for everyone right now especially given the global economic crisis we are currently experiencing. Stocks, gold, silver and virtual currencies are still attractive investments at the moment.
Everyone needs more than their salary to be financial stable. The best thing to do with your money is to invest it rightly, because money left for saving always end up used with no returns.
I was born in 1959 when Honda motorcycles that were made in Japan, became American Honda when they were assembled in the USA! That assembly plant was in Los Angeles, CA, and opened on June 11, 1959.
China is trying so hard to reduce US inflation; perhaps the US government should impose a 400% tariff on all Chinese products, demonstrating that American consumers can survive without any Chinese products.
The consequence of blocking Chinese products into US is higher prices for all Americans. Also it may temporarily save few out of dated companies which benefit few billionaires.
I used to live in Tijuana, Mexico and worked in the US. When covid was at the highest alert and all countries locked down from international travel, the boarder from Mexico to the US and vise versa was not closed. Both countries would have been hurt by the stoppage of the crossing so it was kept on the low.
The only thing that stopped with that border, was airline passenger flights. The Business Jets kept on flying to and from Mexico. Texans and Arizonans sure do love Loreto, BCS, and Los Cabos too. Those trains and trucks that cross the border daily, mainly in TEXAS, didn't slow down a bit.
The greatest challenge of this world is knowing enough about a subject to think you are right, but not knowing enough about the subject to know you are wrong…
@steveanajafi734 China is sneaky and knows how to manipulate. Imagine 🙃🤔if they created quality products instead of ripping everyone off and losing American business. Our bodies are much larger, so stop selling us children sizes clothing online, thank 🤙you.
This is why the stock market is booming despite so many people struggling in the US. Business is now global and for better or for worse businesses no longer need consumers on the bottom quarter of the income scale.
When war breaks out the elites will face their doom. This time there will be no loyalty to any so called democratic govt who screwed the people over to enrich themselves and help their wealthy benefactors become wealthier achieve the trillionaire goal. If they dare try to conscript or draft the masses they'll face rebellions and revolutions.
In 2023, the United States exported $323.23 billion in goods to Mexico. This made Mexico the United States' top trade partner for the year doesn't included oil exports.
It is in the United States' interest for Mexico to grow. If Mexico becomes a powerful country, the famous union of North America between Canada, the USA and Mexico (like the European Union) could take place, increasing the power of the subcontinent and ensuring that neither China nor any other country could surpass the USA (unless there are unions in Asia). And on the subject of immigration, Canada and the USA could collaborate with Mexico to close the border between Mexico and Guatemala (and Belize). It would cost much less than continuing to build the Mexico-USA wall and maintenance would be just as cheap.
Good for China and Good for Mexican people too, more work to do. About the next 15-20 years maybe American people might across border go to work in Mexico 😂😂😂😂
Good for all three countries in multiple ways. China gets business, Mexico prospers, US gets reduced migration and drug trafficking into the US, US citizens get affordable products
Majority of average American who voted for more Tariffs has no clue that its going to bite them back 😂 and the rich gets richer. Netenyahu is not wrong when he said American are easy to manipulate. 😂
Sensationalismi smell here, you don't like it build your own plants and hire your own labor.... ohhh you won't, you love cheap Mexican goods and labor.... of course😅
Exactly the same vibe as the immigration debate. Republicans hate the idea of Mexican workers until they talk about the prices of groceries and housing. If only there was a group of people willing to work in those industries when Americans won't...
A win ,win for mexico no free trade needed ...there are about 50 million mexican or mexican backround.that is the key ..mexico does not need free trade with canada ....mexican economy is about 2 triilion and the mexicans in usa have 3.5 trillion economy base this makes mexican people the 3rd richest in the world....we know what we are doing...while other people fight an argue we must take advantage of the moment...
Even US companies moved their production to Mexico thanks to all the unions. Government should lower the taxes on the companies making their products in USA and increase taxes on the ones are not.
There's a Chinese saying 自作多情，means a person who like to pretend they have a lot of lovers. Americans really think they're important don't they? Reality is US is a lawless banana republic with a small auto market, no Chinese company has expressed any interest in selling nor building cars in the US, nobody want to see their employee or executives jailed and their assets stolen by the regime for pocket change. BYD is already larger than Volkswagon and BYD sells zero cars in the US, US does not factor into total Chinese domination.
China using Mexico cannot be allowed. Mexican imports must benefit Mexico and not be subject to the stealing of intellectual property or a dodge for fentanyl/meth smuggling.
It’s weird how Canada doesn’t take advantage of this too. They can be a manufacturing giant especially with the tons of immigrants and citizens available close to the U.S border. Unfortunately the government won’t take advantage of this. As a Mexican American this is insane to me.
Canada being a manufacturing giant? U gotta be kidding me right? Canada is a big country with tiny population and the labour cost in Canada is extremely high. There's no way that Canada will become a manufacturing giant
now do an episode "how US corporations use other countries to avoid paying Americans a fair wage"
come on now you know they wont pay cnbc to do that ;)
I did not hear them blaming anything, I think it’s working as expected. Despite materials coming from China, it is safer for us to have them assembled in Mexico to decrease our reliance on China altogether which is happening.
And get subsides
Hey HEY! THATS bigoted I think.
So you want $5000 iPhones?
Trump: anywhere but China!
China: ok we'll move to Mexico
Mexico is the biggest benefactor of this policy. Trump making Mexico great again
Mexico still trash country with poverty,crime, garbage currency breh
I think you're wrong. Trump says back to US while Biden said anywhere but China. Biden made Mexico great again
Trump is actually gonna put tariff on mexico goods 😂 So don’t get to excited 😆 I can’t wait till Trump Wins 😂
@@xKzny if he gets in office again...
@@wedmunds He has a 90% Chance lol caused he leading in a lot of swing states 😂
If there's any winner in all of this, it's Mexico
Yep for the first time ever two superpowers fighting and an average country is winning😂😂😂.Mexico is going to be rich.
@@mohaztv8602 Bussinesmen and politicians will be rich-er, and that if the authoritarian party in turn doesn't scare away investment even more.
Scare away? Just do a Google search and you can see that investment in México it's in a historic high
@@CarlosGomez-ck9el in your dreams
It’s good news.. If Mexico gets rich, most migrants will stay in Mexico- reducing the pressure on the border.
Americans sell a lot of American products made in China to Mexico, now China is selling Chinese products made in Mexico to the americans 😂
And also Canada it’s a lot a more go to Vancouver
Show how US corporations use shell companies to avoid taxes. Can’t blame the Chinese, they learned it from us
The worst of all is the US had everything to create a huge synergy with Mexico, but because of racism, that opportunity is now moving further and further away
Chinese being doing it's longer
You know China, they copies! So when D.C. when all surprised with China using good ol’ USA tricks I can only roll my eyes.
Please. Learned it? No they mastered it
I can blame the Chinese. Just like they can blame us. Dur
Suddenly the US is not fan of free market, it's the Chinese companies relocating to Mexico the same way US companies relocated to Mexico, it's the companies not the country, it's free market. Deal with it.
I'm not American. But I really understand why USA is not fan of free market right now, especially towards China. It's because China chooses to be protectionistic. China runs a closed market system to protect the CCP's interests. Free market is an open market. So, there's a collision here. So far, USA has long obeyed China's rules and that has made USA suffer more debt.
China has 1.4 billion people to feed, while USA has only 340 million people. That's why communist China uses dirty tactics: firewall, espionage, IP theft, hacking, forced labor, sabotage, cheating, lying, using back doors and many more.
China is actually more dependent on USA economically, not the other way around.
I'm not American, but I really understand why USA is not fan of free market right now, especially towards China, since China runs closed market system. Chinese companies obeys the CCP.
Free/open market vs closed market. There's collision.
@@vivliforia2262oh come on do you really believe US companies are not subsidized and listen to the US government? Especially the big ones? 😂
The US subsidizes their corpos too 😂😂😂 @@vivliforia2262
@@vivliforia2262 US can't win the game by the rules they originally set, now they want to cheat.
When China is playing by the rules USA set for game but now seeing NOT at its best interest.. USA is blaming China using the back door? We created this back door…
Yeah. A lot of us companies manufacture there too
I don’t think anyone is blaming anyone for this not working. Despite materials coming from China to Mexico, the final product is being assembled in Mexico, which does decrease our reliance on China.
since when did China start playing by the rules?
amuerica are hypocrites, and don't you deny it.
@@tooltalk likewise ,since when have we also well? We only like to make the world orders going our way.
If China builds a factory in Mexico and ships the cars into USA like the big 3 and other brands do to avoid let's say the chicken tax. What dont they follow the rules in order to avoid tariff? Let me hear.
Like i said originally. That free trade agreement among Canada,USA and Mexico..why do we have that at the first place? That we want to make and build Mexico great again…please don't be naive... but i know you are not but you just can't face the fact when someone is eating our lunch but that's ok we eat theirs, Right
see the difference? China is trying all the way to do the business, US is trying all the way to start a war no matter real war or trade war😂😂😂😂
The Money lost support 20 years ago.
Then this new stupid trump administration want to send the immigrants back?. Lol. China and Mexico said you most welcome. China won both side. . Mexico, remember THEY ELECT THE FIRST WOMAN PRESIDENT THAT IS SMART AND NOT SO CORRUPTED. ALL FOR THEIR PEOPLE ❤
China declared war on the US a long time ago. Is there any US technology and know-how they are not trying to steal? China's mercantilism is a form of economic war.
Not backdoor. Mexico has the freedom to be an international hub.
In deed...
YOU CAN TELL THAT TO OUR MILITARY AND OUR NUKES 😂
@@chocococo852😂😂😂 that’s why Mexico allows people from Middle East to cross the border. Enjoy your country.
@@chocococo852 try it . Doesn't work
@@josem5493the U.S. should have been formed an alliance with Mexico but I wonder why that never happened! 🤔
The US never get it. If Mexico is prosperous, the drug smuggling and illegal immigrant problems that hit the US for decades will end. Chinese investment in Mexico help the US indirectly. The US should be grateful that China want to invest in Mexico and help Mexico to become more prosperous.
Mexican stopped coming to the US some time ago, but the Cuban, Haitian, Venezuelan and whatever countries are in turmoil never stopped comng.
The US government never cared about that. Every group of migrants trying to cross the US/Mexican border comes from a country where the US has meddled with their elections and/or natural resources.
Us doesn't give a damn about Mexico becoming prosperous. When has the US ever made any country prosperous outside of Saudi Arabia. US needs slave labor. That's how corporations reap the rewards. The US wants Mexico and other countries in South America to remain poor.
Most illegal immigrant comes from other central and south America. Not from Mexico so mexico prosper doesn’t help at all with the illegal immigrants issue
USA will never be happy because it's very racist and jealous of China and doesn't want to be upstaged by a nonwhite, non European country.
Chinese factories are built in Mexico because of the international market for North and South America-not only for the US; the world is so much bigger than the US.
right lol people immediately think the US when these cars are far more affordable to people who LIVE in mexico, latin and south america. Its not just for the US and Canada
Propaganda bot has spoken
If the US wasn’t a thing China would not care about Mexico, quit acting like they would build all these factories to sell to broke ass Brazilians or the small amount of Canadians. That exist. Sure they make money from many places, but it’s NOTHING like the US
who said the US is the only country that matters ? go back to doing what Winnie the Pooh tells you to do 🤡🤡🤡
Did you not hear what the yearly pay for Mexican truck drivers is? 😅
If you put all of Latin America together they still wouldn't even come close to the sheer purchasing power of the US 😂
Also, I love the stupid "things are cheaper here" argument you people like to bring up in this conversation, YES, things ARE cheaper there but, that's only because your wages are ALSO low if not LOWER! It's all relative😅
What difference does it make that goods are cheaper in your country if you barely even have money to get by let alone buy those "cheaper goods"
🤣
Thank you US for making China and Mexico great
People say they want made in USA but their actions say otherwise
💯 "why is everything cheap crap these days!?" Because most people are unwilling or unable to pay for quality.
Make TACOland 🌮 Great Again
@crusherven China got good quality goods for more money. 😅 made in America goods is outdated and expensive.
Actually, I try to avoid "Made in America" unless it's of exceptional high quality or cannot find alternatives. The local manufacturers usually mean overpriced compared to those manufactured in Asia(not necessarily China).
@@pgdog888right. I can argue buying the expensive German-made or Japan-made products for its quality. However, I rarely find anything local up-to-date or with good quality that deserves their premium price.
if there is CNBC in 1850's
there would be a youtube video saying "How British uses Hongkong to Avoid Opium ban in China"
Except it was the other way around
@@samsonsoturian6013that doesn't even make sense. You are saying that china, the country that started a war to ban opium, wants opium through Hong kong? Braindead.
@@samsonsoturian6013 no it wasn't, and the British being the Opium Dealers then, created several Opium Wars the British were involved in. Anything for A "Bloody" Pound Sterling!!! Good try at revising history!
So what 😂
This is the most optimistic revision in CNBC, I prefer CNBC in 1850's topic maybe 「How China unfaired to set a opium tariff to hurt British Trade」
People in the USA are used to cheap stuff because they are no longer able to afford paying local people for local products so it is what it is..
@@RM360CR welcome to Robotics. Robots don’t need housing, medical care, breaks and they don’t care about unions🤖
Fakes news. I only buy local
@@ryanwalters6184 at walmart? lol
@@Akjugo yep. Especially at Walmart. I buy local. Walmart in my area has a whole aisle just with local products. They taste way better too. But I live in the south which is an agricultural powerhouse.
@@ryanwalters6184food was never imported from China, ironically food is one of the things we export to China
🇲🇽MÉXICO IS BEAUTIFUL , MANY TRADITIONS, CULTURE, GASTRONOMY # 1 AND MANY COMPANIES MOVING TO 🇲🇽MÉXICO WAO IT'S GROWING RAPIDLY
The new world power 😂
It’s dirty and dangerous
@@A_r78Unfortunately you could never know what it's like
@@frankjimenez241 been there and it’s not a good place
Cartel runs the place
@@A_r78come to usa stockton or San Francisco tweakers every where.
As usual, US is crying foul when other country copied their method.
The others did it better. Copium at its finest.
That's what you think
Lol that country is getting old, they scammed the world for a very long time…they will keep having a struggling economy…nobody wants to be played for dumb anymore
We copied from the British. It's the way of things.
And we have to house how many illegal immigrants here in the states compared to china?
This video didn't tell you that putting tariff on China doesn't create jobs in US. America customer pay the tariff, not China. 😂😂😂😂
Actually no American customers pay tariff b/c they are not buying them.
American customers already have plenty of choices when it comes to say buying automobiles locally. There are no fewer than 2 dozens of local, foreign companies competing for their dollars.
@@tooltalk
Made to feel, but truthfully. Not. FREE CHOICE is limited... as what the government says so.😂.
@@tooltalkDo you have a job? Or commenting everywhere is your job? lol saw like 100 comments you left already
@@tooltalknbr doesn't lie 😂
US hates being beaten in its own game
, big Corps and 3 letters agencies destabilized nations across all the Americas for decades to gain control and establish their corporate dominance while demolishing local competition & non aligned govments by either force, bribery (corrupt) or $$. Same old but in reverse now🤷. They blame china for doing the same thing they have done for eons 😅.
The USA couldn’t be beaten in anything 😂
Lol how is the US beaten? 😂
@@markmarcelisask the Taliban
🇺🇸: Free market in a free world
🇺🇸: How dare China to have free market 😭 *le da ansiedad* *invade otro país para robar sus recursos*
I am Canadian working in mexico. ElPaso is small crossing point vs Laredo which is #1 border crossing in the world. US did this to curtail many exporters into USA. Mexico has factories from Japan Korea and especially Germany and Spain. China is late to the party. Chinese car companies are not in Mexico. They sell complete cars in mexico not USA
Yes. I live in México and now have BYD, GWC and JAC electric car dealers now.
Whatever the Chinese do is not right to the Americans 😅
China doesn't need a factory in China because they have cheap labour unlike Japan n other Western countries.. they're coming now due to the tariff war.. that's all..
Mexico is nobody's back door let get that straight! We do business world wide.
Venezuela seems to be flooding your backdoor
@@MirridonOnslaughtand they’re taking over yall apartments so why you tryna make a point when yall have it worse 🤦🏽♂️🤡
Fun Fact: this actually makes Americans pay much MORE on the same goods because it’s no longer direct shipping from China
Not just that. A trade barrier lowers competition in the market, which has been proven time and time that it actually increases the price of other alternatives in the market.
@@thoraero especially in car market. A fully loaded Honda Civic touring is ONLY $17000 in Chinese market.
In fact, the Chinese are making less money because costs have increased, so although the United States has lost, the Chinese have not won either, and it is a lose-lose situation.
@@Aapig Making factories in Mexico is not difficult and most workers are brought from China , mutual for China and Mexico
1) Mexico is an independent country, not part of USA. What US is currently thinking and acting are quite imperialistic
2) U, the consumers, are paying the tariff to ur govt. Tariff is paid by american importers, and then transfer to consumer, not by sellers
Mexico, which I live in while being an Expat from the US, is a Banana Republic run by the US and UK. Why do you think the official name of Mexico is "Los Estados Unidos Mexicanos," aka The UNITED STATES of Mexicans/Mexico??? Just to mention, The Office of the Americas for the BIS/Bank for International Settlements, aka The Central Bank of Central Banks, is right in CDMX, aka Mexico City. The BIS is in Basel, Switzerland. OY VEY!
De hecho, México en toda su historia, ah aportado mucho al mundo.
Desde la TV a color, píldoras anticonceptivas, tinta indeleble (usada para elecciones presidenciales), concreto traslúcido, entre otras cosas.
Y pidieron haber sido más, de no ser que los gobiernos de Estados Unidos, al ver qué México mejoraba cada vez más y que existía la posibilidad de poco a poco dejara de depender de USA, para crear relaciones con países igual de poderosos como lo fue la URSS, USA intervenía, poniendo sanciones, catalogando los proyectos mexicanos como avariciosos, y hasta llegado al punto, de haber desaparecido a investigadores mexicanos que salieron del país a buscar apoyos y nunca más se supo de ellos.
its not that simple. becuaes NAFTA
Mexico has severe neuralgia about imperialism. They going to LOVE Chinese imperialism
@@benfowler1134 But siding with the Chinese is way better by miles.
Thank you for this insight into the border trade Mexico to the US. From little New Zealand's perspective the amount of trade, infrastructure and investment you discuss is astounding.
Tariff import tax makes prices higher, sales lower. All taxes do that. American consumers lose, because importers will pass on higher cost to consumers. China will find backdoors. It didn't slow down China. Where's American first?
American "Rich and Elite" First
You are the first guy i know who gets it
In trump’s logic that means tariff not high enough. For instance, if you put 200% tariffs on cars i believe all cars will be made in the US it’s just now you have to pay 40k for your original 30k tesla. If you put 1000% tariff on shoes all shoes will be made in the US it’s just now a pair of nike will cost $1000
@@zhli4238 Donald Trump has been elected. He will find these backdoors and remove them.
Poor average Americans, being manipulated to spend more for something thats basic.
This is what they are voting for more Tarrifs 😂😂😂 then they blame the consequences of their voting decisions on the blue party when it was the orange man who created this in the first place
That's not what is alleged here
@@charlotteyork7074the biggest joke is thinking you have a choice between red and blue.
When the only color that ever mattered is green. Lobbyist and corporations get the vote. Rest of you better cough up the dough
@maman89, you're simultaneously right and wrong. Politicians get paid while society gets played, but there are still better options. I tend to like bodily autonomy.
@@nktaylo1 keep yelling about bodily autonomy.
Thats how they stop you from talking about a single medical emergency would bankrupt the average american.
Us started the trade war and is now surprised and angry at the fallout...
This is Free Market Capitalism, y'all. Good for Mexico.
Seems that the US doesnt like competition 😅
Compete only when you have the upper hand
every country doesnt like competition, you are stupid if you think there is a single country who are stupid enough not to do the same
protectionism prevents competition against local production in short term
but may cause these companies out of real competition and reduce improvement and being loser in short term
US set tariff and sanctions on several thousand big to medium chinese companies, but China rarely counter these tariff and sanction, in order to keep up the competition for improvement
Ironic, communist China a protectionistic country lectures other countries to not be protectionistic. Unfair.
China's protectionism:
1) Americans are not allowed to buy land in China. But, Chinese buy land in USA.
2) Americans are not allowed to take over Chinese companies. But Chinese buy lots of American companies.
3) China forces USA to use the front door in trade. USA obeys. But, when USA forces China to use the front door, China uses the back door.
4) China often forces Americans to transfer technology secrets if Americans want to do business with China.
5) China often forces Americans to set up factories in China instead of selling directly from USA. But, China chooses to sell goods directly from China to USA.
USA: China, are you protectionistic against me?
China: Absolutely.
USA: I will use the same protectionistic ways against you, then.
China: I condemn it!!!
China doesn't like competition either. China doesn't like to play fair.
Communist China runs closed market system. USA runs free/open market system. USA obeys the rules made by China, but China still doesn't want to change their market system.
Communist China doesn't allow Americans to buy Chinese lands. But Chinese somehow can buy American lands.
Communist China doesn't allow Americans to buy Chinese companies. But Chinese buy a lot of American companies.
USA has unions. Communist China doesn't.
Now I start coming to a conclusion after reading the comments and watching the video. The MAGA statement "Make America great again" literally means another America country, Mexico 🇲🇽
I've tried to tell the genius is US that but they are not buying it.. America is a continent
The funny thing is that Biden has kept the same tariffs! So on that part they also went MAGa. Since this report is done while Biden is president not Trump. If they didn’t agree or felt were bad they could have removed such tariffs.
@MobileStore-x4h the educational system in the United States been lacking for a while
I’m glad China is doing this because if they weren’t, we as consumers would be paying way higher prices for Chinese products/cars because of the tariffs. We, the consumer, would be paying the price for US made tariffs
"Its the price we pay for FREEDOM 🇺🇲" /sarcasm 😂😂😂
the benefit of this is that the us government can collect more taxes? and the extra price will be paid by consumers?
We the consumers seem to have voted for Donald Trump. Well I didn’t but the people did. Looks like people don’t agree with you.
Sadly, pretty much every presidential candidates or presidents play this “let’s blame China” game. The difference is who plays harder.
Calling SKF a Swedish car parts maker is wild. They are world's largest bearing manufacturer literally used in every industry and are in almost every mechanical operation
The U.S., with all of our hubris and aggression, is a liability to the world. More and more, other countries are finding ways to avoid the insanity of U.S. politics. They have every right to do so. They also have every right to defend themselves, when the U.S., and its allies, try to use war as a means of conducting business.
No worries. Many Western nations are taking similar counter measures against China's subsidies violation as China is flooding markets abroad with heavily subsidies goods.
Even Brazil, Indonesia, Turkiye, etc and many others are raising tariffs against China's overflooding their markets.
I live in Mexico and my city has a lot of Chinese people. They have there own plazas and they own real state as well. My house I bought from a Chinese family.
Do they work in the factory/community?
Do any of the people from the community work in Chinese factories?
How sad
@@msa6844is the same here in usa lol they come with mexican citenship to buy houses 😂 as Mexicans so when they buy the houses come as mexican not from China
They won’t assimilate once they’re big enough
Walk around with one of those pointy bamboo hats and see if you get dirty looks.
The last guttural screams of a dying empire. Hope that $1.6 billion for propaganda is worth it.
Who's dying?
In this global economy, trying to get ahead based on tariffs is short-sighted. This is just an example of something that cannot be prevented. It's like the mass deportation exercise the US will go through, it will end up shooting its own foot.
US is still importing stuff from China, it's just that they're importing indirectly via Mexico. This just cost more because the 3rd party middle man (Mexico) in between.
Good point! Anyway, US government wants those goods to be over-priced so local manufactures may be able to survive and compete.
At least China and Mexico can split the profit instead China taking everything. Still a Win-Win
No. It doesn't because the US and Mexico have a free trade agreement.
That’s why goods in the us are being more and more expensive.
The new label for your goods; “ORIGINATED IN CHINA; MODIFIED IN MEXICO!”
Nope . Still made in china
Nope. Trumps bibles still say made in China 😂
Well, Trump put tariffs on Chinese goods, making everything more expensive for Americans. That's part of why Americans are paying more for everything, Mexico is just doing good business.
Donald loves stroking himself while telling the American people he can fix our economy then goes and looses 7 trillion while president. Yeah I’m totally believing these tariffs will benefit us….
That's the reason Craftsman built a huge plant in the US, but it never opened because Biden got elected.
Why is CNBC blaming China? It's playing by the rules set by USA. USA should have thought about it before coming up with tariffs. The problem is US industries are not competitive enough.
Fantastic news for Mexico! Don't you all want Mexicans to stay in Mexico? Then, China bringing jobs to Mexico must be fantastic news for all.
Mexicans aren't the ones coming to the US, it is other Central and South American nationals...
Please don't comment on stuff you don't know anything about...
@@RK-um9tu Do your research. Mexican is the most common nationality for people crossing the US southern border, with 617,770 encounters in the 2023 financial year.
@@RK-um9tu at least one Mexican is crossing the border right? Yeah, consider that one person won't cross the border if Mexico is prosperous. Jeeez
@DanielVazquez Are you a MexiCAN or a MexiCAN'T?
Please Daniel Vazquez get out of USA
Imagining a sofa made in USA, how much will it cost? 2000 or 3000USD for a plain sofa? Plus shipping? When you can get a Chinese sofa with Leather and good quality for 500USD? I wonder how many Americans will be patriotic enough to choose the previous one. Chinese products are just too competitive, we have hundreds of millions of highly skilled and hardworking labor forces, efficient government, world class roads, highways, ports, transportation system, and the complete supplier chain from raw materials to finished goods. Sorry America
When I was a boy in the 1960s, YOUR country was starving millions of people to death. Then came the Uruguay Round of GATT in the 1980s, which was made legal in the US and UK. The next thing you know Trillions of USD and British Pounds flowed right into Communist China. Here we are today! Communist China will decline just like the US did. As soon as your labor costs start intruding on the ROI of those Investors/Shareholders/Owners, Communist China will shed jobs way faster than the US did since the 1990s. YOUR country right now can't feed itself without importing food. The Clock is ticking, so enjoy it while you have it!
They are complaining Chinese goods are cheap but low quality at this stage. I am laughing. I am very confident that my country can make goods high quality, but you American can afford high price? think about it.
China made products break in a month.
The us people think their life quality is too high, they want to get back to the 3rd world country, buy super expensive goods and have a low life standard.
Chinese products do not have quality. It's all cheap
I plan to retire at 62 in another country outside the US that is free, safe and very cheap with a high quality of life. I could fully just rely on only my SS if I wanted to when that times arrives but l'll also have at least one pension, a 403 (b) and a very prolific Investment account with my Stephanie Janis Stiefel my FA. Retiring comfortably in the US these days is almost impossible.
I plan on moving to the Philippines. Wbu
I went from no money to Invest with to busting my A** off on Uber eats for four months to raise about $20k to start trading with Stephanie Janis Stiefel. I am at $128k right now and LOVING that you have to bring this up here
I have a sis in Pretoria, South Africa. They have good healthcare and I plan on retiring there.
How can i reach her, if you don't mind me asking?
Please stop gentrifying countries
Salud a los mexicanos 🇲🇽 y abrazos de Brasil 🇧🇷 ‼️
Muitos saudades aos nossos irmaos brasileiros tambem desde no Mexico!
Don't hate the player, hate the game.
To be honest, China is the country that served the American peoples best interests by providing cheap goods, however US corporations in the middle, made a lot of money.
Serving.. China benefiting from that big client, if not, it would not be the semi developed (economically) country is now. Sometimes also worth to thanks and respect your clients.
@@lodovicobernardi African saying
"When China visits us , we get products, hospitals and roads"
"When usa visits us we get lectures".
Lectures grow mind and are free, while roads supposed to be given in exchange of exploitation?
Yup. Makes me wonder how much we'd be making if US corporations didn't export our jobs to China starting in the 80s. C-suite and shareholders took all that cost savings to their wallets and we lost our jobs and were pacified by cheap goods from China.
@@lodovicobernardi When assembling an iPhone in China, Chinese workers only get 2% profit, American company has made the biggest profit, but because China didn't waste money on the war, American company hasn't paid enough taxes to American government, That's why you feel that China is the biggest beneficiary
I can say from first hand experience, Laredo is exploding in city development because of this. Every time I went there as a truck driver, something new popped up. A store, a restaurant, etc. It was nonstop because of these companies investing in the place. It's likely not gonna stop either because these companies don't have to fight for space. There's plenty of it there.
Laredo is one of a few Border Portals that mass commerce flows through, mainly in TEXAS. Trains and trucks!!! Like that Ford or Ram pickup? Both are made in Mexico. With railroad that would be Kansas City Southern de Mexico, S.A. de C.V.. From the Mexican Pacific Ports, right to TEXAS, with a short stop in Mexico City/CDMX. Isn't Intermodal AWESOME??? Let's not forget about those Car Carriers, both trains and trucks! From Monterrey and beyond, to Laredo, then right to San Antonio, TEXAS.
American: "I love inflation"
Because it's more earning for corporations
Not your problem.
@@mudshovel289 you love inflation?
@ not your concern. You worry about Malaysia or Singapore or wherever you’re from.
@@mudshovel289 do you love inflation? just answer the question lol
Chinese are two steps ahead of the USA 😂
Is the country that most advocated for free trade now crying?
Free domestic trade. Not free global trade the US has always had tariffs
@@sonsflower then dollar should be discontinued as global currency
@@zacksmith5644why are you on UA-cam? An AMERICAN company
Well the Chinese are a smart people - there is a reason why they have been around 5000 years….
I'm favoured only God knows how much I praise Him, $230k every 4weeks! I now have a big mansion and can now afford anything and also support God’s work and the church.
Only God knows how much grateful i am. After so much struggles I now own a new house and my family is happy once again everything is finally falling into place!!
Wow that's huge, how do you make that much monthly?
I'm 37 and have been looking for ways to be successful, please how??
It's Ms. Evelyn Vera doing, she's changed my life.
I started pretty low, though, $5000 thereabouts. The return came massive. Joey is in school doing well, telling me of new friends he's meeting in school. Thank you Evelyn Vera, you're a miracle.
We either live in a free society or we are going to keep consolidating oligopolies and inflation will occur due to lowered competition. US businesses will do everything in their power to limit competition. It's sad to see America becoming less free.
Why do you think there isn't enough competition in the US? China has banned foreign EV battery comeptitors since 2015 to protect their local industry and ultimately dominate the global battery supply-chain.
America's counter-measures seem quite reasonable in light of China's mercantilist policies past 10 years.
@@tooltalkpretty much everything is owned by a few major corporations that encompass many brands. We have the illusion of choice but in reality there is none. Competition is good for you and me but that means many failed businesses, workers unemployed and abissmal profits. There is a reason why most industries like the airlines, food have consolidated into a few companies, its impossible to make anything with so many companies around
@@tooltalk It's not really the end of the world if China chooses to expend its wealth on selling us EVs at a loss. Without subsidies, EVs are currently too expensive to compete with ICE vehicles, and I am happy for Chinese taxpayers to be paying for those subsidies rather than Americans. Of course, we are also paying for some subsidies, but not nearly as substantial as what they're doing.
@@crusherven that's good for consumers in the short-run, but devasting in the longer-run because there would be no local competition. Again, this is why China banned foreign EV battery competitors back in 2015 to protect theirs -- and forced all foreign, local EV OEMs to switch to local batteries by local Chinese suppliers to build up their local industry.
When US companies invested in China it was to uphold shareholder values. When Chinese companies invest in Mexico, it's suddenly sus.
Usa has always been hypocrites. They want their money but they don’t want china going into the same market as them. Yet let others compete with them ex cars. South Korea, Germany and Japan can enter the car market but China’s not allowed.
Everything is Absolutely clear.The Agreement USA-Mexico-Canada and China is Logical and simply Inevitable complete.
Chine dont pay the tariffs. The ordinary American ends up paying them.
well thats the purpose, US govt, Rich and Elite love u to pay them.........
N ur money goes to Ukraine n Israel, then further into weapon manufactures.
Where politicians hv shares in them
@@duderandom1266 the same bankers that own the fake federal reserve own the weapon manufacturers too. They have been stealing from the us through the fake federal reserve so long, they own most everything of value.
@@duderandom1266 Sounds much better than it’s going into ur ccp
@@ytkrsg ccp doesn't pay usa taxes lol
We are about to take our land back.. Just watch.. VIVA 🇲🇽
Usa is not mexico man
I actually can see it.
Texas , New Mexico etc will be soon Spanish speaking states. Arriba ⬆️ Mexico 🇲🇽
Mexico and all the way down to Panama Canal and up to Santa’s house 🎅🏻 are about to be USA 🇺🇸🇺🇸🇺🇸🇺🇸
You can't even fight off the cartels pucha.
@toastedjoe1013 you lost to camel riders and rice farmers 😂😂😂
You're never going to beat cheap labor from Mexico. So for all those crying about the United States not paying a fair wage you're right. So learn a skill or trade and make more money because that adds value to yourself
i think the bigger picture is to make friends with your neighbor before they become your rival.
In other words trump started a trade he ended up losing
Look at the USA soybean industry that trump crippled and now Brazil the soybean king
Jalisco Cartel 😎 Por favor Gringo, hold our TEQUILAs 🥃
And is making Mexico a richer country. Good for Mexico
Huawei single-handedly beat US and Trump.
Kamala 2024
China: higher costs
Mexico: higher economic activity
US: higher prices
There is only one winner.
Well, someone got the votes is another winner.
Do an episode on how US companies avoid paying US taxes in the US to the tune of a Trillion dollars😮😢
Wow 18,000 trucks a year get hijacked. That’s insane!
Crazy
They get hijacked by the Mexican National Guard and Army.
double whammy….And an advantage for US…. More Jobs in Mexico means better life for people in Mexico and they don't need to cause border immigration issues…. China's solving the actual CORE problem with US and Mexico immragtion issues. US doesn't actually need the JOBS and Mexico economy is developing a stronger Mexico a stronger US neighbour…. With a skilled workforce
Clearly you know nothing about illegal immigrants as most of them are not Mexican, most from other central and south america.
Mexicans haven't been crossing the border for quite some time. It's people from central and south America along with other asylum seeking people. Mexicans know the usa is hot garbage and is extremely expensive. No snse in trying to make it in a dumpster fire. It's no longer the american dream, it's the Mexican dream
It's been a while where mexicans aren't the majority of the immigrants crossing to the US. Mexico has been on a rise and it shows. 9.5 million people out of the poverty line and counting.
That's already happening, major issues with immigration involves people from central and south America and even Asia and Africa.
That's a good point
Mexico City has asked US corporations to source raw materials from within Mexico to manufacture in Mexico in conjunction with US manufacturing plants, to help US jobs stay in the US, this in order to curve Chinese imports. Mexico’s government policy towards trade with the US is that of complementation and not one of competition as recently stated by Mexico’s president Claudia Sheinbaum. The US will soon have a Japan style manufacturing powerhouse attached to its border. With geopolitical neutrality as a sovereign nation, Mexico will also be a financial safe haven like Switzerland.
the only problem is does papi Sam want a rival nation in power right next door
@ the Mexican economy will be unstoppable as long as the US is the world’s largest consumer market with the largest purchasing power - and even if the US loses market share, Mexico will still be a manufacturing powerhouse
Investing in alternate income streams should be the top priority for everyone right now especially given the global economic crisis we are currently experiencing. Stocks, gold, silver and virtual currencies are still attractive investments at the moment.
Everyone needs more than their salary to be financial stable. The best thing to do with your money is to invest it rightly, because money left for saving always end up used with no returns.
You’re correct I make a lot of money without relying on the government. Investing in stocks and digital currencies is beneficial at the moment.
Can you show me how to trade profitably, I honestly need another source of steady income
I employ the expertise of a professional for that, Kate Mellon Bruce because it isn’t as easy as it seems
She's active on face book @
I've lost count on how many people don't understand the difference between made in America vs. assembled in America.
I was born in 1959 when Honda motorcycles that were made in Japan, became American Honda when they were assembled in the USA! That assembly plant was in Los Angeles, CA, and opened on June 11, 1959.
African saying
"When China visits us , we get products, hospitals and roads"
"When usa visits us we get lectures".
China is trying so hard to reduce US inflation; perhaps the US government should impose a 400% tariff on all Chinese products, demonstrating that American consumers can survive without any Chinese products.
The consequence of blocking Chinese products into US is higher prices for all Americans. Also it may temporarily save few out of dated companies which benefit few billionaires.
Mexican will be great again in this trade war
Every ones does business with the US, regardless circumstances are what they are
Because they know the US will continue to print money into oblivion 😂😂
I used to live in Tijuana, Mexico and worked in the US. When covid was at the highest alert and all countries locked down from international travel, the boarder from Mexico to the US and vise versa was not closed. Both countries would have been hurt by the stoppage of the crossing so it was kept on the low.
The only thing that stopped with that border, was airline passenger flights. The Business Jets kept on flying to and from Mexico. Texans and Arizonans sure do love Loreto, BCS, and Los Cabos too. Those trains and trucks that cross the border daily, mainly in TEXAS, didn't slow down a bit.
@@clucier1
The greatest challenge of this world is knowing enough about a subject to think you are right, but not knowing enough about the subject to know you are wrong…
"Don't Trade with us!"
"Okay we'll trade with Mexico"
"No you can't trade with them too!"
"Or what?"
Did you guys mean to title this "How American Corporations Skirt U.S. Tariffs Through Mexico"?
is better than being made in china or any other communist country
American foreign policy failure. But China making allies and US whines 😂😂😂
@steveanajafi734
China is sneaky and knows how to manipulate. Imagine 🙃🤔if they created quality products instead of ripping everyone off and losing American business.
Our bodies are much larger, so stop selling us children sizes clothing online, thank 🤙you.
MAD in USA
So instead of competing with just China, the Feds in their infinite wisdom decide to compete with Mexico AND China. 😂😂😅😅
That's freaking best descriptions I've know in a long time.
@@sealtrader they are levying tariff to mexico soon, so it would be America agasint the whole world this time.
This is why the stock market is booming despite so many people struggling in the US. Business is now global and for better or for worse businesses no longer need consumers on the bottom quarter of the income scale.
When war breaks out the elites will face their doom. This time there will be no loyalty to any so called democratic govt who screwed the people over to enrich themselves and help their wealthy benefactors become wealthier achieve the trillionaire goal. If they dare try to conscript or draft the masses they'll face rebellions and revolutions.
In 2023, the United States exported $323.23 billion in goods to Mexico. This made Mexico the United States' top trade partner for the year doesn't included oil exports.
African saying
"When China visits us , we get products, hospitals and roads"
"When usa visits us we get lectures".
My Ford Maverick was made in Mexico
PBD covered this earlier this year. Now this network is changing sides to the truth. Props. Keep America first.
It is in the United States' interest for Mexico to grow. If Mexico becomes a powerful country, the famous union of North America between Canada, the USA and Mexico (like the European Union) could take place, increasing the power of the subcontinent and ensuring that neither China nor any other country could surpass the USA (unless there are unions in Asia).
And on the subject of immigration, Canada and the USA could collaborate with Mexico to close the border between Mexico and Guatemala (and Belize).
It would cost much less than continuing to build the Mexico-USA wall and maintenance would be just as cheap.
Im pretty sure their long term goal is to steal the rest of Mexico and call us all illegals later
This is actually a win-win-win situation!
The only one losing is the American consumers, who are paying more than before😅
It’s called free trade.
Good for China and Mexico. Keep it up!
Good for China!
Good for China and Good for Mexican people too, more work to do. About the next 15-20 years maybe American people might across border go to work in Mexico 😂😂😂😂
Good for all three countries in multiple ways. China gets business, Mexico prospers, US gets reduced migration and drug trafficking into the US, US citizens get affordable products
@@badbad-catno. US do not get more affordable products. They get more expensive products as sellers pass on the cost inc tariffs to the consumers
@@xxxcool2565 I'm talking about normal situation. Tariffing is a problem created by US politicians
@@badbad-cat that's what you gonna get when Trump implements his tariffs if he is elected. That would be the "normal situation"
Trump: We will outsmart China!
China: 🤣🤣🤣 funny guy!
His “God Bless The USA” bibles are made in China, so a 60 % tariff directly to his supporters 😂
Thank you USA for prospering thy neighbor 🤣
Tax Chinese products from Mexico.
Majority of average American who voted for more Tariffs has no clue that its going to bite them back 😂 and the rich gets richer. Netenyahu is not wrong when he said American are easy to manipulate. 😂
American jobs are relocating to Mexico not in America.
That has been happening since those Fabulous 1980s.
I’d rather have Mexico get richer than China!!
Sensationalismi smell here, you don't like it build your own plants and hire your own labor.... ohhh you won't, you love cheap Mexican goods and labor.... of course😅
Exactly the same vibe as the immigration debate. Republicans hate the idea of Mexican workers until they talk about the prices of groceries and housing. If only there was a group of people willing to work in those industries when Americans won't...
Slava TEQUILAs 🥃 Heroyam Tacos🌮
Exactly
A win ,win for mexico no free trade needed ...there are about 50 million mexican or mexican backround.that is the key ..mexico does not need free trade with canada ....mexican economy is about 2 triilion and the mexicans in usa have 3.5 trillion economy base this makes mexican people the 3rd richest in the world....we know what we are doing...while other people fight an argue we must take advantage of the moment...
Even US companies moved their production to Mexico thanks to all the unions. Government should lower the taxes on the companies making their products in USA and increase taxes on the ones are not.
There's a Chinese saying 自作多情，means a person who like to pretend they have a lot of lovers. Americans really think they're important don't they?
Reality is US is a lawless banana republic with a small auto market, no Chinese company has expressed any interest in selling nor building cars in the US, nobody want to see their employee or executives jailed and their assets stolen by the regime for pocket change.
BYD is already larger than Volkswagon and BYD sells zero cars in the US, US does not factor into total Chinese domination.
BYD suvs and cars are now in the streets of México, nice models, excellent design and price vs Tesla.
美国放弃了世界第二大经济体的市场是非常聪明的
$5k a year for a truck driver is diabolical
that's a month, not a year. I did a little research and is for a month
@@heclor68 is that for company drivers or owner operators
China using Mexico cannot be allowed. Mexican imports must benefit Mexico and not be subject to the stealing of intellectual property or a dodge for fentanyl/meth smuggling.
It’s weird how Canada doesn’t take advantage of this too. They can be a manufacturing giant especially with the tons of immigrants and citizens available close to the U.S border. Unfortunately the government won’t take advantage of this.
As a Mexican American this is insane to me.
It is all about the cost of labour.
Canada has stricter labour relations and environmental protection laws (and enforces them) vs Mexico.
Wages in Canada are as high as those in the United States
Canada being a manufacturing giant? U gotta be kidding me right? Canada is a big country with tiny population and the labour cost in Canada is extremely high. There's no way that Canada will become a manufacturing giant
Has Canada ever make a foreign policy decision against US wishes since WWII? Canada is a vassal state, not as independent as Mexico.
Support free trade
This exposes how dumb US policy makers are...
100% tax is paying twice !
So much for making anything affordable .
😂😂😂😂😂😂😂