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@@random2829 Yeah.... But if you had plugged that term into a search engine? And read the article? You would have noticed that the article in "financial world" is a completely bent narrative. Based on secretary-level background talks where three countries (germany, hungary, austria) argued for not outright excluding the option. To keep it on the table as a counterthreat against the current US admin.
From my Googling, it appears that the EU tariff on American cars is 10 percent, not 100 percent. I lived for a while in Germany. Even if there were no tariff, I can't picture Germans flocking to buy American cars. Made in the USA is synonymous with lower quality.
That's what the US politicians/media tend to do. They created false narratives to justify their actions or to get support. They have been doing this with China/Russia for decades. Like China stole their jobs, stole their IPs, stole their tech, etc. but none of them can present evidence when asked. The newest was Tiktok threat to national security, but zero proof that it has done so.
I have heard several things like this. Ive been digging quite a bit, i even looked specifically for the claimed tariffs....nothing like some such claims. In fact, the highest percentage tariff I've come across is just under 25%. Im not a professional in global trade, but I certainly have questions...
From Terence Wise in UK…….I share your view but do not be deceived it all goes back to Thatcher and every government.The figures show that the 1970s were the most equal in the entire history of the UK. In fact the figures also show that in the last six months of the Callaghan government the economy was recovering but not soon enough to save it. The death of John Smith allowed Blair to change Labour to a Thatcherite party and use war as she did.The only half decent prime minister since has been John Major but he was hobbled by the divisions in his own party.We have endured a forty year decline and I have lived through it as an adult and unless we come to terms with the BRICS instead of following the US,we are screwed. Best wishes.
It was the goal since day one: Europe is totally expendable for the USA... unless it manages to shake off US financial control and gets unified India-style. In that case, Europe would become the new US rival and a natural ally of China and/or India (not so much Russia though). The USA and Russia will work like hammer and anvil to prevent such scenario, even if each one on their own, it's just natural, keeping Europe disunited and and subservient. Thus Europe will become deindustrialized, impoverished and growingly balcanized.
NATO only benefits the first world. Just look at the distribution of advanced chips and sanctions on Russia. However, the second and third world will benefit massively from NATO being less corporative among each other, and the United States as well as France will have less influence in the political matters of the global South. It's a loss for the traditional West, but it's a huge victory for everyone else. Also, the freedom from dollars will mean that sanctions aren't a real threat, so countries like Cuba and Venezuela can progress.
There's a better way and it's already happening. If USA wants to "Weaponise" trade, When *THEY* come ASKING for trade (As in "BUY US PRODUCTS!") everyone... (EVERYONE!) says "NO, Thank you, we have a better deal.... Have a nice day!!" China decide USA was in a position to deny China Grain in case of conflict and USA was seemingly LOOKING for conflict, so they went to a BRICS Partner (Brazil) and said "Got any Grain??" Result? US Farmers are ..... "Annoyed". And it's not just Grain. NOW multiply that by EVERY BRICS? Belt& Road country and by EVERY commodity. USA want tariffs on Canada? Canada has oil. USA wants oil.... But so do A LOT of other countries (In Europe for a start) It MIGHT be painful for them in some cases, but they WILL work out deals..... and USA WILL be the loser....... especially if they all decide to dump the USD.
_" Unfortunately, the real problem in the World now isn't that we can't feed the poor, help the homeless and the struggling Americans middle class, but instead, that we cannot feed the greed of the Rich Oligarch -Corporations !! "_
"The rich used to feed on expensionnisme in the past, the world beeing limited in size, now they need to feed localy. On top of what , in the past trade was balance with gold, now the rich print money. " Back to the end of the roman empire. 😂
Help struggling Americans ... What about the Millions / Billions of people around the world that have been affected by American endless wars ... It is about time that Americans pay reparations and rebuild what they destroyed !
The UK has high energy prices due to *ALL* sources being tied to the price of Natural Gas. (Look it up) The irony being that we shut down the last Gas power station in September 2014.
Actually the Columbia issue was a lot more nuanced than most videos are presenting. Columbia was not unwilling to take their people. They just didn’t want them treated as criminals or terrorists.
Manufacturing costs and operating costs are lower in China. Also, labor quality is higher in China. If Nike and Apple move back to the USA, they'll have to pay higher electricity costs, higher transportation costs, higher employee benefits, higher legal costs, etc. Also, it will take them a long time to build up supply chains. Lower taxes and tariff removal probably wouldn't be worth it. If I were them, I'd say, "Let's wait four years and see if a more reasonable president comes in."
Answer to Sean's question: Of course they'll fold to US pressure as always. Suitcases of cash always work to get politicians to agree with US positions..
Mexico has alternatives like the EU and China. It has been working for trade agreements with them. But Canada, willingly followed the US instruction and alienated China with the EV tariffs and the Huawei incident, now busy looking for friends to diversify.
The bottom line? (The *REAL* bottom line)? The WHOLE US population, indoctrinated to CONSUME more each year AND HAPPY TO DO SO(!) Has "Credit carded" itself into a VERY deep hole. Consumption caused inflation, which raised prices, which prompted wage demands, which allowed more spending (on credit)..... RInse, repeat. I mean... *WHAT COULD POSSIBLY GO WRONG* ? "The middle man" bent over, dropped his shorts and cried "MORE!!"
Purchasing power! Just compare the actual value of alternative markets such as Asia, which is just a fraction of that of the so-called "the West" (Japan included) and yet is the most promising option. Building a market is hard, it takes time of planning and executing global economic warfare, centuries of colonialism and neo-colonialism by the West stand as the foundations of such affluent market.
It's not self-isolation it's a demand by the Godfather to the rest of the world to agree to American economic dominance. The rest of the world must agree to be robbed by America and provide for America even if it's not in their interest, this is " an offer they can't refuse". lol
@LuisAldamiz The US only have purchasing power for as long as other countries use dollar, but thats decreasing now. So how are they going to keep printing money when is less needed? We are not in the 50s anymore and America is overstaying their welcome.
@@superkd7030 - That's true... or rather "trueish", because the only way to buy Arab (and most other) oil is to pay it in USD. Saudi Arabia issued an exception for China but only for them, anyone else has to pay in USD, not even euros are accepted (Iran does accept euros however). That's largely what makes the USD not a mere "fiat currency" (as can be the euro or the yuan or the ruble or the yen) but a veritable black-gold-backed currency. That's what has allowed the USA to issue almost endless debt and spread around globally the resulting inflation: the USA "prints money" and the global prices go up. It's what is widely called the Petrodollar Scheme but, as Lee Camp reported a year or two ago, don't look for it in Wikipedia, it's a censored or heavily manipulated subject by the political commissaries that control many aspects of that suppossedly crowdsourced referential outlet. We're not in the 1950s anymore, indeed, it was only in the 70s that the Petrodollar Scheme was forged by Nixon, soon after dropping the gold standard.
Thing is they have no clue. They think everyone else lives like they do and wants to drive f-150 to pick up the groceries from the shop across the street 😂
Look up "Ford's ECOnetic Fiesta Gets 65 MPG". This is a car developed and sold in Europe. The REAL problem? (From the Ford website) "Ford Europe goes all-in on EVs on road to sustainable profitability; Cologne site begins $1 billion transformation". NO amount of a "tariff tax" is going to fix poor business decisions.
Ford and GM (under the Opel brand) were pretty succesfull in the EU. But not with the US models. Basically Ford Focus and smaller did OK. But no one will get an F-150 or V8 mustang here. Cant park them and way too high fuel consumption.
If the tariffs on US autos are reduced, the big US automakers might be incentivized to design and build cars that appeal to European buyers. The price and the quality will have to be competitive.
What NEEDS to be done? Convince "The EU" (OR the individual countries) that there is NO threat from "The East". THEN they don't NEED to buy from USA..... Which defeats the US Arms industry. IF the "Rest of the World" GROWS UP, THEN treats USA like the kid throwing a tantrum, There's a CHANCE to change EVERYTHING
Did it occur Lutnick that Europe doesn't want Ford and GM vehicles because gasoline costs $12 per gallon there and US automakers they only produce SUVs and pickups?
Indeed, but where does Trump'n'co think the extra spending currency is coming from coz most yanks are already in massive debt. Stuff will cost more but less will be bought. Zero improvement for the GDP.
The overall impact will hit consumers who are already struggling to pay bills. Which is about 90% of people in the U.S. -- and especially bleak for the bottom 50%.
@@lolly_bread I see another smart move coming, starting with China. Example, EVs USA "100% TARIFF!!" China, "Your're no worth the hassle... WE are selling everywhere BUT the US" THEY jump to Mexico, Brazil, etc , etc They Decimate any remaining sales the US companies had in those and surrounding countries. They sell EVERY vehicle. They ALSO arrange massive reciprocal trade with those countries (And BETWEEN them) to compensate for and avoid the inevitable threats from the US. Now multiply across 150 countries and thousands of products. FINAL move, ditch the USD. The US is then "The Bully in the corner" surrounded by those they USED TO BULLY.
@@lolly_bread He thinks if he demolishes taxes, he can get the deficit back from tariffs... It worked in the 60-70s, but today will never work... But well it's Trump we are talking about , there is no company he can't bankrupt... an entire country would be a new record and not impossible.
Do people not realise Ford manufacture and sell a million plus vehicles in Europe each year. GM used to manufacture in Europe until they sold Opal. Nobody in Europe is going to buy US market SUVs and pickups, that’s all Ford and GM has to offer, with the exception of the Mach E.
The rest of the world should let the US be as it is and instead concentrate trade with other countries to be less reliant in exporting everything to the US.
Been saying that for decades. I've been advocating that Canada needed to diversify its trade partners around the word and divest itself as much as possible from it reliance for the US market place. My arguments basically fell on deaf ears for the most part. Now it seems Canada and Canadians have finally come around to my way of thinking. We are going to have to strike out on our own, develop new markets in the Global South and form alliances and pacts with organizations such as BRICS and the EU and basically tell the US to sod off and go pound salt. It will not be easy nor painless to do this and we are going to be in a world of hurt in the short to mid-term, but in the end we would come out both stronger and better off economically. We just need to political will and courage to do it.
Even since the I.S. blew up the Nord Stream pipeline, Europe & the U.K., still get most of their gas from Russia, it just comes through different pipelines, now, & costs them a lot more for the privilege!
Not as easy as it sounds. A lot of those EU countries side with the u.s to sanction china, russia and some countries of the global south. China said months ago BRICS won't allow western countries who have supported/sanctioned against global south countries. So, those countries are just backstabbed by the U.S now 😂😂😂.
Well, it's the American consumers and corporations that pay the tariffs, not the exporting nations. Tariffs can harm exports without a doubt, but there are some commodities that the US cannot not do without, such as Canadian energy, I say if they put a tariff on them, then make it even more expensive to the US consumers by removing the price discounts the US is enjoying. That way they can get screwed by both their government and Canada.....it might wake the silly buggers up a bit.
This guy Howard Lutnick you have shown in this video is COMPLETELY WRONG!! There are NO 100% Tariffs on USA made Ford Motor Corporation Vehicles in Europe or the UK. Ford DOES NOT import ANY vehicles into Europe! This is because USA made vehicles DO NOT meet European Union vehicles pollution emissions stands and fuel efficiency standards. That why Ford MANUFACTURES it’s vehicle for the European market, IN EUROPE, incompliance with European Union vehicles pollution emissions stands and fuel efficiency STANDARDS. Ford does not IMPORT vehicles from the USA into Europe, BECAUSE, it actually MANUFACTURES VEHICLES for the European market, IN EUROPE!! This man does not know anything about Fords production policies in Europe. He’s talking a lot of BS!!
If Trump is deporting Foreigners, why would foreign investors want to turn up there in the USA, more over it would impact their investment because they will not be able to find skilled highly trained Employees. The cost to move is also a Financial set back.
I'm still laughing at Trump's words, "If you don't move your industry to the US, you'll have to pay a tariff which will direct trillions of dollars into our treasury to strengthen our economy". It's beyond belief, he's STILL trying to pretend it's FOREIGN countries, not American consumers, who will end up paying the tariff.
I know right. And I'm sure they will be flabbergasted when everyone will just slap the tariff on top of the sticker price in USA and it will all fall on consumer to pay for it.
The difference this time is that providers to th US have now realized there are worldwide markets and they can redistribute their coods like colombia proposed and mexico simply suspended, not to mention closing their own frontiers for "security" but in fact stopping flow from south america to USA.
I know in Canada with a new government coming in, were looking at pipeline expansion. These Trump tariffs are going to cripple us short term. However at least people are waking up to the American game. More people are talking brics and European markets.
We're still looking at pipeline expansion. We need to get gas and oil to Europe and Asia. That means getting it to the coast for shipping to those energy hungry economies if America can't afford it. I'm sure China, with its trillion dollar trade surplus will be happy to buy. Europe is a little iffy since they're broke and broken by poor leadership.
Well yeah they had to -set ablaze- liberate a bunch of egg farms a couple years ago for the largest private farmland owner in America, Mr B Gates. He'll come to the rescue soon, watch.
THE MARKET IS NOT IN AMERICA !!! ITS IN ASIA AND AFRICA THATS THE CONSUMERS THAT NEED THE MOST !!! AMERICA IS DOMED !!!!! HA HA HA HA HA HA !!!!!!!!! KEEP DUMPING THAT DOLLAR DEAR WORLD !!!!!!!!!!!!!!!!!!!!!!!!!!
That's not true: building a market is complicated, it requires a long phase of previous accumulation of wealth. Asia is marching in that direction but it's still not comparable to what the USA, Europe and Japan are in terms of purchasing power. China can't afford to lose those markets without experiencing a major crisis of overproduction.
@@LuisAldamiz WEALTH IS NOT FIAT !!! ITS RESOURCES AND THE EUROPE IS A LAND WITHOUT RESOURCES SO THEY DONT COUNT THEY ARE ALSO THE GLOBAL MINORITY JUST AS AMERICAN COLONIALS ITS THE WEST WHO CANT AFFORD TO LOSE !!!! SO YOU ARE WRONG !!! THE WORLD WILL NOT BE FORCE TO OBEY WESTERN RULES WHY SHOULD IT !!!! SO NO THE WORLD DOESNT HAVE TO OBEY WESTERN COLONIAL TYRANNY !!!! AND IF THE WEST WANTS WAR THE WORLD IS READY TO CRUSH IT IF IT DARES TOO !! RUSSIA ALREADY GOT THE NAZI DOWN !!!!
@@dannygonzales7923 - It is since you can buy things with them, be it Saudi oil or US real state. All money (even when it was gold or cattle or salt or even clay balls with IOU notes inside them, as was the first known money used in Sumeria) is wealth inasmuch as it can be traded for something of REAL (use) VALUE. Gold is not different: you can't eat it, you can't build a home with it, you can't do almost anything with that shiny yellow thing at all; its value is merely "fiat": other people tend to accept it, it has value based on "market consensus" only.
It's going to take some HARD Decisions, and a lot of Humility But Europe MUST find a way to regain credibility as "The WORLD" already has a growing alternative (BRICS BRi) and it's MUCH bigger than Europe.
No disrespect to Sean, i avid follower of your channel since you started. Never miss a show. I agree nobody wins but sometimes you have to hit back hard to teach the bully a lesson. I don't see the bully, even if he doesn't traiffs, won't bully in some other way. Thats their nature. Their foundation has always been about bullying others to keep ahead.
@@JohnLee-yet after all the "bullying" America did it's only now people aren't ok with it, honestly can't blame America when everyone else acted so submissive
Predicting inflation starting to rise again this quarter while leading indicators showing economy slowing (not to mention government figures pumped up for their Gain side). Global economy very weak which affects US. Fed dropping rates 0.50 shows they're VERY worried about financial downturn/crisis. interest rates coming down are also an indication banks are LESS willing to loan money into existence. The question here is where is the inflation going to come from in the near term? Consumers are mostly tapped out which is 70% of US economy (consumption). Yes inflation very likely to return but not before it continues to come down... Inflation can be a concern, but remember, certain assets like stocks and Crypto’s acts as a hedge. Long & short-term trading is generally safer, allowing investors to weather market volatility. I have managed to grow a nest egg of around 3.2 Btc’s to a decent 27Btc’s in the space of a few months... I'm especially grateful to Kathleen Eisen, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Kathleen taught me how to trade and recommended some free exchange fees. so yes if you are in for gains not just holding. i'd highly recommend Kathleen Eisen strategy. Life changing.
They would whining but they don't have much leverage against America. I guess it is an expensive lession for them and hopefully they would stand on 2 feet instead.
Pre WW2, the wealth was concentrated with the 1% aristocracy. Since WW2, then accelerated by Thatcher and Regan, the wealth was transferred to the 1% oligarchs.
Last Ford I owned was a rare European imported Ford Escort.....nice car, full Euro spec.....made the US built model look sad in comparison.......now drive either European or Asian.
"We can't sell a Ford or GM in Europe" Is there no limit to the utter thickness of the yanks? I've lost count of the Fords and Opels I've bought in Europe.
One misinformation here is that Colombia did not "capitulate". Colombia made it known that the only way Colombia will accept deportee is if they are treated humanely, e.g., deportees should not be treated as criminals. They should not be shackled. That was all. The fact was, the US government complied with Colombia's demand, not the other way around.
Funny for europe, they don't have enough resources on their own. Also euro is not usd, it is not used a lot for trade, which make europe cannot print money on the same scale as us.
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Although I want my country to put strong trade tariffs on the U.S. if they do so to us, regardless, Canadian residents have already begun their own action of avoiding U.S. goods as much as possible. Yesterday it was reported that one supermarket had put American cereal brands on half price because no one was buying them. I went grocery shopping the other day and specifically bought only products made in Canada or in other allied nations (not the U.S.) Many others are doing the same. Why should we support a country that is out to do us harm and lies about us daily!
The final stage of capitalism, known as ruthless capitalism, where the hyper wealthy at the top of the economic hierarchy squeeze all the resources out of those beneath them. This concentrates money and power in as few hands as possible.
Sean, can you cover the issue of china's compliance with the latest energy sanctions on Russian energy exports? If China complies with these latest sanctions it would lose access to cheap Russian oil.
China and Russia have an unlimited partnership forced on them by uncle Sam. Why should China comply with the sanction. Only fools like EU will complied?
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Wingy Wongy Dangy Dongy Hallo Sean!!!!
Russia is sitting back laughing...... While US destroys G7......the rest will join BRICS😊
Headline from the last day: "EU considers resuming Russian gas imports". 😆😆😆
@@random2829 Yeah....
But if you had plugged that term into a search engine? And read the article?
You would have noticed that the article in "financial world" is a completely bent narrative. Based on secretary-level background talks where three countries (germany, hungary, austria) argued for not outright excluding the option.
To keep it on the table as a counterthreat against the current US admin.
Duhh
No.our God king will never give us up..never. hes sent by jesus 🙏
Wingy Wongy Dangy Dongy Hallo Sean!!!!
From my Googling, it appears that the EU tariff on American cars is 10 percent, not 100 percent. I lived for a while in Germany. Even if there were no tariff, I can't picture Germans flocking to buy American cars. Made in the USA is synonymous with lower quality.
Yes, you are correct. Howard Lutnick was basically lying. The tariff is 10%.
That's what the US politicians/media tend to do. They created false narratives to justify their actions or to get support. They have been doing this with China/Russia for decades. Like China stole their jobs, stole their IPs, stole their tech, etc. but none of them can present evidence when asked. The newest was Tiktok threat to national security, but zero proof that it has done so.
I have heard several things like this.
Ive been digging quite a bit, i even looked specifically for the claimed tariffs....nothing like some such claims.
In fact, the highest percentage tariff I've come across is just under 25%.
Im not a professional in global trade, but I certainly have questions...
German quality is over. German prices remain.
You mean someone from Trump's team lied? It's been known to happen with that guy
I'm in the UK. This makes me so angry and depressed. Totally screwed over by my govt and media over decades.
"Get Brexit Done"
- Boris Johnson
😂 😂 😂 😂 😂 😂 life always has to balance itself up.
@@elijahtenywa3063 I remember the good times although that might have been a dream.
From Terence Wise in UK…….I share your view but do not be deceived it all goes back to Thatcher and every government.The figures show that the 1970s were the most equal in the entire history of the UK. In fact the figures also show that in the last six months of the Callaghan government the economy was recovering but not soon enough to save it. The death of John Smith allowed Blair to change Labour to a Thatcherite party and use war as she did.The only half decent prime minister since has been John Major but he was hobbled by the divisions in his own party.We have endured a forty year decline and I have lived through it as an adult and unless we come to terms with the BRICS instead of following the US,we are screwed. Best wishes.
More Awareness by the Public is Required.
The BBC is not your Friend.
The NATO proxy war is ripping NATO apart, and it's hilarious.
A ripped apart NATO is no reason to cry anything but tears of joy.
One nato member is going to grab territory that belong to an European mickeymouse state. Welcome to Realpolitik, Denmark.
@@wyliamulayye7534 ua-cam.com/video/AWwv7PGumAA/v-deo.html
It was the goal since day one: Europe is totally expendable for the USA... unless it manages to shake off US financial control and gets unified India-style. In that case, Europe would become the new US rival and a natural ally of China and/or India (not so much Russia though). The USA and Russia will work like hammer and anvil to prevent such scenario, even if each one on their own, it's just natural, keeping Europe disunited and and subservient. Thus Europe will become deindustrialized, impoverished and growingly balcanized.
NATO only benefits the first world. Just look at the distribution of advanced chips and sanctions on Russia. However, the second and third world will benefit massively from NATO being less corporative among each other, and the United States as well as France will have less influence in the political matters of the global South. It's a loss for the traditional West, but it's a huge victory for everyone else. Also, the freedom from dollars will mean that sanctions aren't a real threat, so countries like Cuba and Venezuela can progress.
Never interrupt your enemy when he is making a mistake.😅😅😅
Trump and Biden will be remembered as the leaders that led to American's fall from grace (from a great height).
@@teckmenglee8060absolutely, but that was their scripted role
The supreme art of war is to DO NOTHING and WIN - Sun Xi
@@HighlyInsulatedDummy what if there isn't a script and they're actually trying to save the U.S? 😂
@ I needed the laugh thanks
Consumers should boycott American products. They may send their products to more countries but it doesn’t mean we have to buy them.
There's a better way and it's already happening.
If USA wants to "Weaponise" trade, When *THEY* come ASKING for trade (As in "BUY US PRODUCTS!") everyone... (EVERYONE!) says "NO, Thank you, we have a better deal.... Have a nice day!!"
China decide USA was in a position to deny China Grain in case of conflict and USA was seemingly LOOKING for conflict, so they went to a BRICS Partner (Brazil) and said "Got any Grain??"
Result? US Farmers are ..... "Annoyed".
And it's not just Grain.
NOW multiply that by EVERY BRICS? Belt& Road country and by EVERY commodity.
USA want tariffs on Canada?
Canada has oil.
USA wants oil.... But so do A LOT of other countries (In Europe for a start)
It MIGHT be painful for them in some cases, but they WILL work out deals..... and USA WILL be the loser....... especially if they all decide to dump the USD.
_" Unfortunately, the real problem in the World now isn't that we can't feed the poor, help the homeless and the struggling Americans middle class, but instead, that we cannot feed the greed of the Rich Oligarch -Corporations !! "_
"The rich used to feed on expensionnisme in the past, the world beeing limited in size, now they need to feed localy. On top of what , in the past trade was balance with gold, now the rich print money. " Back to the end of the roman empire. 😂
Help struggling Americans ... What about the Millions / Billions of people around the world that have been affected by American endless wars ... It is about time that Americans pay reparations and rebuild what they destroyed !
@@zooksstephen2497thats like politely asking a lion in the wild to not eat you lol 😂 it doesn’t work that way with ANIMALS.
That's a very insightful comment. Thanks for sharing.
@@zooksstephen2497 he mentions the real problem of the " WORLD " which including every nations
The UK is facing high energy prices because the profiteering of the energy firms. Time to nationalise them.
Too late they sucked the profits out of the North Sea now you will nationalize companies that just buy expensive oil on the world market
And, you think that won't happen in the US, Trump's promise of low energy prices is a dream,...... or a nightmare!
The UK has high energy prices due to *ALL* sources being tied to the price of Natural Gas. (Look it up)
The irony being that we shut down the last Gas power station in September 2014.
Actually the Columbia issue was a lot more nuanced than most videos are presenting. Columbia was not unwilling to take their people. They just didn’t want them treated as criminals or terrorists.
Actually, Boss Man T folded.
What is the use of being a friend of the US? People in Europe will eventually come to realise the US now is not the US of old.
yep, COLOMBIA, stood their ground... that part of the analisys was preaty lazy,
immigrants who come into America illegally have actually committed a crime. So they are criminals in the eyes of Americans.
Correct being filmed paraded in cuffs !
EU sanctions Russia and ruined their economy for the US and they were given tariffs as payment under Trump's administration😂
Absolutely normal when our "leaders" are nothing but corrupt traitors, colonial administrators for Wall Street.
How many American businesses or companies are making their products in the US?
Nike, Apple, and many others are making their products in China.
Manufacturing costs and operating costs are lower in China. Also, labor quality is higher in China. If Nike and Apple move back to the USA, they'll have to pay higher electricity costs, higher transportation costs, higher employee benefits, higher legal costs, etc. Also, it will take them a long time to build up supply chains. Lower taxes and tariff removal probably wouldn't be worth it. If I were them, I'd say, "Let's wait four years and see if a more reasonable president comes in."
@@WayneGreen-g8l
The problem is, USA doesn't HAVE "4 years"
BS is made in the USA
Just to put matters straight, Colombia did not refuse to take immigrants back rather refused to do so with migrants in chains.
Thank you
@@gerardshort531 not sure they caved to tarrifs either. Maybe 2 events coinciding.
@@JohnThomas-w8l that’s just how murican media paints it as.
Answer to Sean's question: Of course they'll fold to US pressure as always. Suitcases of cash always work to get politicians to agree with US positions..
EU been bullied by the US for a long time. German literally deindustrialised for US proxy war. When is enough is enough?
Even if Mexico doesn’t, Canada will.
Yhrrats snd blackmails too.
Mexico has alternatives like the EU and China. It has been working for trade agreements with them. But Canada, willingly followed the US instruction and alienated China with the EV tariffs and the Huawei incident, now busy looking for friends to diversify.
Until they see dollars are losing power year over year over year over y e a r
The bottom line.. the oligarchs in the US will richer while middle dan below will ge screwed like always😂
Yes. That's the plan. Trump has all those happy billionaires eating out of his hand. They will all get tax breaks .... Middle Class is going extinct.
The bottom line? (The *REAL* bottom line)?
The WHOLE US population, indoctrinated to CONSUME more each year AND HAPPY TO DO SO(!) Has "Credit carded" itself into a VERY deep hole.
Consumption caused inflation, which raised prices, which prompted wage demands, which allowed more spending (on credit)..... RInse, repeat.
I mean... *WHAT COULD POSSIBLY GO WRONG* ?
"The middle man" bent over, dropped his shorts and cried "MORE!!"
Who'd want to sell or buy anything from America when there is the rest of the word to buy and sell with? Self isolation = self destruction.
Purchasing power! Just compare the actual value of alternative markets such as Asia, which is just a fraction of that of the so-called "the West" (Japan included) and yet is the most promising option. Building a market is hard, it takes time of planning and executing global economic warfare, centuries of colonialism and neo-colonialism by the West stand as the foundations of such affluent market.
It's not self-isolation it's a demand by the Godfather to the rest of the world to agree to American economic dominance. The rest of the world must agree to be robbed by America and provide for America even if it's not in their interest, this is " an offer they can't refuse". lol
@LuisAldamiz The US only have purchasing power for as long as other countries use dollar, but thats decreasing now. So how are they going to keep printing money when is less needed? We are not in the 50s anymore and America is overstaying their welcome.
@@superkd7030 - That's true... or rather "trueish", because the only way to buy Arab (and most other) oil is to pay it in USD. Saudi Arabia issued an exception for China but only for them, anyone else has to pay in USD, not even euros are accepted (Iran does accept euros however). That's largely what makes the USD not a mere "fiat currency" (as can be the euro or the yuan or the ruble or the yen) but a veritable black-gold-backed currency. That's what has allowed the USA to issue almost endless debt and spread around globally the resulting inflation: the USA "prints money" and the global prices go up. It's what is widely called the Petrodollar Scheme but, as Lee Camp reported a year or two ago, don't look for it in Wikipedia, it's a censored or heavily manipulated subject by the political commissaries that control many aspects of that suppossedly crowdsourced referential outlet.
We're not in the 1950s anymore, indeed, it was only in the 70s that the Petrodollar Scheme was forged by Nixon, soon after dropping the gold standard.
HA HA HA HA HA !!!! THE WEST IS EATING ITSELF !!!!! GREAT !!!!!!!!!!!!!!!!!!!!!!!!!!!
Isn't that a beautiful sight to behold.
Yup, I'm afraid this will create massive inflation but make us more dependent on US (government beholden) corporations.
If that perception is what it takes for everyone else to stop being useless I'll gladly accept that perception
All started by one person. Unreal.
It has a fever. Fevers are good for eliminating infections.
Ford and GM can't sell in Europe or anywhere else, they're too big to fit on the roads or in the parking bays and burn too much fuel,
Exactly. Best selling Ford car in Europe? Not the F-numbers. The no longer made Fiesta.
Thing is they have no clue. They think everyone else lives like they do and wants to drive f-150 to pick up the groceries from the shop across the street 😂
Look up "Ford's ECOnetic Fiesta Gets 65 MPG". This is a car developed and sold in Europe.
The REAL problem? (From the Ford website) "Ford Europe goes all-in on EVs on road to sustainable profitability; Cologne site begins $1 billion transformation".
NO amount of a "tariff tax" is going to fix poor business decisions.
Ford and GM (under the Opel brand) were pretty succesfull in the EU. But not with the US models. Basically Ford Focus and smaller did OK. But no one will get an F-150 or V8 mustang here. Cant park them and way too high fuel consumption.
If the tariffs on US autos are reduced, the big US automakers might be incentivized to design and build cars that appeal to European buyers. The price and the quality will have to be competitive.
Time to stop buying all the US items we can.
Already have, long ago......
I wonder if the EU would consider putting tariffs on military equipment from the US
What NEEDS to be done?
Convince "The EU" (OR the individual countries) that there is NO threat from "The East".
THEN they don't NEED to buy from USA..... Which defeats the US Arms industry.
IF the "Rest of the World" GROWS UP, THEN treats USA like the kid throwing a tantrum, There's a CHANCE to change EVERYTHING
Absolutely Not because it's EU government that pays Not private company's. And you. Don't sell F 16 in the shops 😂😂😂😂
HAPPY CHINESE NEW YEAR !!!
蛇年快乐！🎆🎉
😂🎉
Did it occur Lutnick that Europe doesn't want Ford and GM vehicles because gasoline costs $12 per gallon there and US automakers they only produce SUVs and pickups?
True. U.S. small cars are crap and they make very few. Europeans don't want the tank sized vehicles. 🤣
"To be an enemy of the US is dangerous, but to be a friend is fatal"
Tested true time after time
Putin trying to be a friend signing the Minsk accord was a tough lesson learned!
The EU already has a tariff, it is the VAT. It is super high as well, over 20%.
TAX is a deterrence to investors.
True. But that is a real sales tax. Tariffs are also a tax but not paid as directly as a sales tax.😉
VAT is only paid buy the EU..
@@randygraham926If there are more tariffs... Vat will increase and the civilians will suffer the hit from their pockets...
Absolutely amazing. Vassals turning on their master.
Tarrif paid by USA consumers
Indeed, but where does Trump'n'co think the extra spending currency is coming from coz most yanks are already in massive debt.
Stuff will cost more but less will be bought. Zero improvement for the GDP.
The overall impact will hit consumers who are already struggling to pay bills. Which is about 90% of people in the U.S. -- and especially bleak for the bottom 50%.
@@randygraham926very true and Trump and the wealthy don’t care about the bottom 50%
@@lolly_bread
I see another smart move coming, starting with China.
Example, EVs
USA "100% TARIFF!!"
China, "Your're no worth the hassle... WE are selling everywhere BUT the US"
THEY jump to Mexico, Brazil, etc , etc
They Decimate any remaining sales the US companies had in those and surrounding countries.
They sell EVERY vehicle.
They ALSO arrange massive reciprocal trade with those countries (And BETWEEN them) to compensate for and avoid the inevitable threats from the US.
Now multiply across 150 countries and thousands of products.
FINAL move, ditch the USD.
The US is then "The Bully in the corner" surrounded by those they USED TO BULLY.
@@lolly_bread He thinks if he demolishes taxes, he can get the deficit back from tariffs... It worked in the 60-70s, but today will never work... But well it's Trump we are talking about , there is no company he can't bankrupt... an entire country would be a new record and not impossible.
Do people not realise Ford manufacture and sell a million plus vehicles in Europe each year. GM used to manufacture in Europe until they sold Opal. Nobody in Europe is going to buy US market SUVs and pickups, that’s all Ford and GM has to offer, with the exception of the Mach E.
There are some, usually status seeking noobs with too much money in their hands......
Ford sold 426,307 cars in Europe in 2024.
Oops
The rest of the world should let the US be as it is and instead concentrate trade with other countries to be less reliant in exporting everything to the US.
It's what they are doing. for some Nations is easier than others, but they are shifting.
Been saying that for decades. I've been advocating that Canada needed to diversify its trade partners around the word and divest itself as much as possible from it reliance for the US market place. My arguments basically fell on deaf ears for the most part. Now it seems Canada and Canadians have finally come around to my way of thinking.
We are going to have to strike out on our own, develop new markets in the Global South and form alliances and pacts with organizations such as BRICS and the EU and basically tell the US to sod off and go pound salt.
It will not be easy nor painless to do this and we are going to be in a world of hurt in the short to mid-term, but in the end we would come out both stronger and better off economically. We just need to political will and courage to do it.
Trumpet is as thick as two short boards.
The EU doesn't need to worry because Ursula said the EU should buy more gas from the US because it is cheaper.
🤣
Only Ursula is getting richer with her kickbacks.
She is on the US payroll book?
The pirate of Brussels cursula con Der lying has the EU in tatters tatters I tell you 😂😎
Even since the I.S. blew up the Nord Stream pipeline, Europe & the U.K., still get most of their gas from Russia, it just comes through different pipelines, now, & costs them a lot more for the privilege!
Lol cheaper it's far more expensive
Just don't trade with USA, then don't have to pay tariffs.
😂😂😂
Not as easy as it sounds. A lot of those EU countries side with the u.s to sanction china, russia and some countries of the global south. China said months ago BRICS won't allow western countries who have supported/sanctioned against global south countries. So, those countries are just backstabbed by the U.S now 😂😂😂.
Well, it's the American consumers and corporations that pay the tariffs, not the exporting nations.
Tariffs can harm exports without a doubt, but there are some commodities that the US cannot not do without, such as Canadian energy, I say if they put a tariff on them, then make it even more expensive to the US consumers by removing the price discounts the US is enjoying. That way they can get screwed by both their government and Canada.....it might wake the silly buggers up a bit.
Excellent analysis! Great job!
This guy Howard Lutnick you have shown in this video is COMPLETELY WRONG!! There are NO 100% Tariffs on USA made Ford Motor Corporation Vehicles in Europe or the UK. Ford DOES NOT import ANY vehicles into Europe!
This is because USA made vehicles DO NOT meet European Union vehicles pollution emissions stands and fuel efficiency standards.
That why Ford MANUFACTURES it’s vehicle for the European market, IN EUROPE, incompliance with European Union vehicles pollution emissions stands and fuel efficiency STANDARDS.
Ford does not IMPORT vehicles from the USA into Europe, BECAUSE, it actually MANUFACTURES VEHICLES for the European market, IN EUROPE!!
This man does not know anything about Fords production policies in Europe. He’s talking a lot of BS!!
Does that surprise you under T administration?
He is insane! Ford (Focus and fiesta) was the most bought car brand in the UK for Decades!
If Trump is deporting Foreigners, why would foreign investors want to turn up there in the USA, more over it would impact their investment because they will not be able to find skilled highly trained Employees. The cost to move is also a Financial set back.
To stop Tarrifs find trade with other country's and stop exports to the US! Then you can't be charged with Tariffs!
I'm still laughing at Trump's words, "If you don't move your industry to the US, you'll have to pay a tariff which will direct trillions of dollars into our treasury to strengthen our economy". It's beyond belief, he's STILL trying to pretend it's FOREIGN countries, not American consumers, who will end up paying the tariff.
Unfortunately, some Americans believe it.
It is just to convince those supporting him; as these people don't recognize who is actually paying the tariffs.
@@araara4746 not some but many. Those cheerimg n clapping for him. All are goons😂
@
Yes, it is very possible that there are many, which is why Trump could be re-elected. At least half of the voters.
@hc1897 Trump and his supporters are really clueless.
EU NEEDS peace with Russia and to join BRICS as an entire BLOCK immediately!!!!
Not WELCOME!
They can't. They hate Russia's guts, their ideology won't let them.
Not with a bunch of idiots lead by a German-American queen.
BRICS is not gonna welcome d brainless weak arrogant EU!
Why would BRICS want the EU? 😂
They're broke and produce nothing.
I feel like they really think they are taxing other countries, lmfao.
I know right. And I'm sure they will be flabbergasted when everyone will just slap the tariff on top of the sticker price in USA and it will all fall on consumer to pay for it.
All those cheering for the "Trump Tariffs " will soon find out. Mexico and Canada kick in on the 1st. Get the popcorn ready.
The difference this time is that providers to th US have now realized there are worldwide markets and they can redistribute their coods like colombia proposed and mexico simply suspended, not to mention closing their own frontiers for "security" but in fact stopping flow from south america to USA.
Dunno what U$ consumer market you're talking about, Friend. As it is, Americans can't afford food or housing, let alone any imports.
A sad lack of real reporting here
The cover up will continue with Donald.
The U, S public Deserves Better.
Even if EU or Japan lower the tariffs on American cars, who wants to buy expensive subpar cars anyways?
Yeah too fat and expensive for the road and people money.
Recently subbed. Love your straight to the point, informative, no nonsense reporting. Keep it up 👌
I know in Canada with a new government coming in, were looking at pipeline expansion. These Trump tariffs are going to cripple us short term. However at least people are waking up to the American game. More people are talking brics and European markets.
We're still looking at pipeline expansion. We need to get gas and oil to Europe and Asia. That means getting it to the coast for shipping to those energy hungry economies if America can't afford it. I'm sure China, with its trillion dollar trade surplus will be happy to buy. Europe is a little iffy since they're broke and broken by poor leadership.
Right wing Canadians didn't learns anything. They actually side with trump 🙄😂. Natural born vassals.
Went grocery shopping yesterday and everything cost more than just last week. Target is even rationing eggs. Get ready for some poor times ahead.
Where at. Grocery prices on some items are going down in my area.
Trumpet's solution to skyrocketing egg prices is to tariff the chickens until they lay more eggs
@@sammygit9486 Where? Eggs are down in stores in my area. 5.99 for 18. As many as you want.
Well yeah they had to -set ablaze- liberate a bunch of egg farms a couple years ago for the largest private farmland owner in America, Mr B Gates.
He'll come to the rescue soon, watch.
If the Europeans think the Muricans are their friend, they are in on a rude awakening 😂
They will never realise that they are barking underlings of the American Empire at best. And always will be.
The Brits have always known what rats the Yanks are. The Euros have always known too. The Yanks are finding out the truth.
And vice versa.
Since the 2020 psychopandemic, more and more Europeans are awake... it is the corrupt governments that are still “asleep”.
Do seem to be self isolating
THE MARKET IS NOT IN AMERICA !!! ITS IN ASIA AND AFRICA THATS THE CONSUMERS THAT NEED THE MOST !!! AMERICA IS DOMED !!!!! HA HA HA HA HA HA !!!!!!!!! KEEP DUMPING THAT DOLLAR DEAR WORLD !!!!!!!!!!!!!!!!!!!!!!!!!!
That's not true: building a market is complicated, it requires a long phase of previous accumulation of wealth. Asia is marching in that direction but it's still not comparable to what the USA, Europe and Japan are in terms of purchasing power. China can't afford to lose those markets without experiencing a major crisis of overproduction.
@@LuisAldamiz WEALTH IS NOT FIAT !!! ITS RESOURCES AND THE EUROPE IS A LAND WITHOUT RESOURCES SO THEY DONT COUNT THEY ARE ALSO THE GLOBAL MINORITY JUST AS AMERICAN COLONIALS ITS THE WEST WHO CANT AFFORD TO LOSE !!!! SO YOU ARE WRONG !!! THE WORLD WILL NOT BE FORCE TO OBEY WESTERN RULES WHY SHOULD IT !!!! SO NO THE WORLD DOESNT HAVE TO OBEY WESTERN COLONIAL TYRANNY !!!! AND IF THE WEST WANTS WAR THE WORLD IS READY TO CRUSH IT IF IT DARES TOO !! RUSSIA ALREADY GOT THE NAZI DOWN !!!!
@@LuisAldamiz YOU ARE WRONG !!! FIAT DOLLARS IS NOT WEALTH !!!!
@@dannygonzales7923 - It is since you can buy things with them, be it Saudi oil or US real state. All money (even when it was gold or cattle or salt or even clay balls with IOU notes inside them, as was the first known money used in Sumeria) is wealth inasmuch as it can be traded for something of REAL (use) VALUE. Gold is not different: you can't eat it, you can't build a home with it, you can't do almost anything with that shiny yellow thing at all; its value is merely "fiat": other people tend to accept it, it has value based on "market consensus" only.
I’m an European but who the hell want to buy an American car in Europe.
I do you haven't seen the New CORVETTE Made 2024 .
EU has the world to trade with, not just the US
It's going to take some HARD Decisions, and a lot of Humility But Europe MUST find a way to regain credibility as "The WORLD" already has a growing alternative (BRICS BRi) and it's MUCH bigger than Europe.
But USA is their biggest exports
No disrespect to Sean, i avid follower of your channel since you started. Never miss a show. I agree nobody wins but sometimes you have to hit back hard to teach the bully a lesson. I don't see the bully, even if he doesn't traiffs, won't bully in some other way.
Thats their nature. Their foundation has always been about bullying others to keep ahead.
Are you on fentanyl?
Bullying are too kind a word for them .
@@JohnLee-yet after all the "bullying" America did it's only now people aren't ok with it, honestly can't blame America when everyone else acted so submissive
@JohnLee- im being courteous because my respect to this channel😊
So if the US invades Greenland, does that trigger article 45 of NATO?
😂
Jack Tiscione here: Foo is one of the best geopolitical analysts out there......
Predicting inflation starting to rise again this quarter while leading indicators showing economy slowing (not to mention government figures pumped up for their Gain side). Global economy very weak which affects US. Fed dropping rates 0.50 shows they're VERY worried about financial downturn/crisis. interest rates coming down are also an indication banks are LESS willing to loan money into existence. The question here is where is the inflation going to come from in the near term? Consumers are mostly tapped out which is 70% of US economy (consumption). Yes inflation very likely to return but not before it continues to come down... Inflation can be a concern, but remember, certain assets like stocks and Crypto’s acts as a hedge. Long & short-term trading is generally safer, allowing investors to weather market volatility. I have managed to grow a nest egg of around 3.2 Btc’s to a decent 27Btc’s in the space of a few months... I'm especially grateful to Kathleen Eisen, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Kathleen Eisen is widely available online..
She's mostly on Telegrams, using the user name.
@KathleenEisen
Everyone needs more than a Basic Income to be Financially Secured in this present time that there's an Economic Decline.
Kathleen taught me how to trade and recommended some free exchange fees. so yes if you are in for gains not just holding. i'd highly recommend Kathleen Eisen strategy. Life changing.
They would whining but they don't have much leverage against America. I guess it is an expensive lession for them and hopefully they would stand on 2 feet instead.
Just stop selling to US....end of story. No headaches.
The great wealth transfer from the poor to rich period
The GrUnCH (Gross Universal Cash Heist) of Giants an old book that spoke about rich interests siphoning wealth from the poor.
Pre WW2, the wealth was concentrated with the 1% aristocracy. Since WW2, then accelerated by Thatcher and Regan, the wealth was transferred to the 1% oligarchs.
All Empires, no matter how powerful Decline and end...the American one will be no different. Simple.
Can't wait, got my popcorn ready and a comfy chair to watch the show.
Was EU + US vs China.
Now EU vs US vs China 😂
Wonderful News
Ford and GM are trash cars😂
Last Ford I owned was a rare European imported Ford Escort.....nice car, full Euro spec.....made the US built model look sad in comparison.......now drive either European or Asian.
"We can't sell a Ford or GM in Europe"
Is there no limit to the utter thickness of the yanks? I've lost count of the Fords and Opels I've bought in Europe.
Ursula Von Der Crazy 🤪
She is not crazy, she seves the interests of her donor class.
Happy Chinese new year Sean Malaysia hakka family here
Dollar have fake value
Thank you Sean ❤
Good point
One misinformation here is that Colombia did not "capitulate". Colombia made it known that the only way Colombia will accept deportee is if they are treated humanely, e.g., deportees should not be treated as criminals. They should not be shackled. That was all. The fact was, the US government complied with Colombia's demand, not the other way around.
Hi Sean, Happy CNY🎉🎉🎉
It's not this crazy times it's these crazy times
Forcing European Consumers to buy overpriced LNG,
seems like a tariff already?
Are Europeans a little slow on the uptake?
G7 realises it's enemy from within, serious security threat is from USA...
Companys get lower taxes US citezens get high taxes ❤
This doesn't effect the whole world, only those who are dependent on exporting to the USA. Australia will actually benefit from the tariffs.
Hold on to your hats folks!
Taxing people’s income who can barely get by is a crime which goes against divine law. These criminals will have to stand trial.
you started by saying Lunar New Year, it is an error, it is a Chinese New Year
Is correct to say Lunar New Year as the dates are based on the lunar calendar
You are COMPLETELY CORRECT TO CALL IT
CHINESE NEW YEAR.
CONGRATULATIONS!!!!
True. Chinese New Year is based on the traditional Chinese calendar, which is a LUNISOLAR calender.
Guatemala traditionally gets the first porsche. Latin markets are enormous.
He is preparing US for the coming AI world… where the world doesn’t need so many people anymore
at lest you think out side the box
I wish they would hurry up and crash this system.
So we can get on with.
Their playing tik for tak, children's games.
Panic at the Disco... I mean EU.
Funny for europe, they don't have enough resources on their own. Also euro is not usd, it is not used a lot for trade, which make europe cannot print money on the same scale as us.
Chinese saying, when your competitor or enemy is making mistakes, do nothing😂
This is a US own goal.
👍⭐⭐⭐⭐⭐
THANK YOU FOR THE ADEQUATE, THOUGHTFUL INFORMATION.
And the whole world will impose 100% tax on US made products🙄
Thank you Sean for your knowledge it's much appreciated 👏
The US "debt ceiling" has been breached. The US is in technical DEFAULT on it's debts.
Some will cave in, some will call China.
Just double the price of your coffee so you can buy the same number of tortillas.
Bizarre thar a 27-year old is delivering a 79-year old's insanely disruptive policies. Neither has a clue.
Even if tariffs on US products come down in Europe and Japan, USD is too strong right now and nobody in the world has money.
The answer to Trump is simple. Don't even sell there and expand in the rest of the World.
Hit 220k today. Appreciate you for all the knowledge and nuggets you had thrown my way over the last months. Started with 34k in November 2024
I would really love to know how much work you did put in to get to this stage
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear that you saved me from huge financial debt with just a small Investment, thank you Jihan Wu you're such a life saver
As a beginner in this, it’s essential for you to have a mentor to keep you accountable.
Jihan Wu is also my trade analyst, he has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
Jihan Wu Services has really set the standard for others to follow, we love him here in Canada 🇨🇦 as he has been really helpful and changed lots of life's
His guidance allowed me to restructure my retirement plan, resulting in an estimated $700,000 more by the time I retire.
Apparently, to reduce the price of skyrocketing eggs, Trump plans to make roosters to lay eggs.
🐸🚨BOILED FROG ECONOMY🐸🚨
Although I want my country to put strong trade tariffs on the U.S. if they do so to us, regardless, Canadian residents have already begun their own action of avoiding U.S. goods as much as possible. Yesterday it was reported that one supermarket had put American cereal brands on half price because no one was buying them. I went grocery shopping the other day and specifically bought only products made in Canada or in other allied nations (not the U.S.) Many others are doing the same. Why should we support a country that is out to do us harm and lies about us daily!
its CHINESE NEW YEAR.
You are COMPLETELY CORRECT TO CALL IT
CHINESE NEW YEAR.
CONGRATULATIONS!!!!
Usa and india same level economic, high gdp, truly twin country.
The final stage of capitalism, known as ruthless capitalism, where the hyper wealthy at the top of the economic hierarchy squeeze all the resources out of those beneath them. This concentrates money and power in as few hands as possible.
Happy Chinese New Year
Sean, can you cover the issue of china's compliance with the latest energy sanctions on Russian energy exports? If China complies with these latest sanctions it would lose access to cheap Russian oil.
I'm sure China "complies". If you know what I mean.
China and the rest of the world do not believe in unilateral sanctions.
China and Russia have an unlimited partnership forced on them by uncle Sam. Why should China comply with the sanction. Only fools like EU will complied?
I don't think there are 100% tariffs in EU on American cars...