USA: "China, you have to do this and that, if not, we will destroy you!" China: "Can't we have diplomatic talk about the issue?" USA: "You are undermining diplomacy!"
@monipenny408nope, IT Will make them buy goods from another countries, like India, philippines, Korea and japan. We should give unfair advantage to friendly countries over hostile ones
Since when benefitting a regime has anything to do with Capitalism?, Europe already financed Russia, why US should do the same having a large amount of possible cheap manufacturers around the world?
some of the Chinese car imports are extremely cheap. now imagine how much more affordable they would've been if the 25% tariff wasn't there originally. struggling families might've been able to afford a car.
yesh tariffs, only the poor and middle income gets to suffer, them rich policy makers won't even feel it. They should have just focused in building products that are more competent.
Both strategy are just made for their own audience. There is no difference between 200% and 100% tariff because you cannot afford anyway. Dedicated rule on different products should be applied. U.S. cannot make everything, end of the story.
@@nran7811 Not really, that's why North America and Western Europe are in shook. Chinese cheap goods quality became way much better compared to 10-15 years ago. Now that their cheap products have good quality, that absolutely ends the competition with North America and Western Europe. The only way is tariffs to limit their own citizens from buying Chinese goods and be dependent on domestic products if these middle-class and poor consumers can even afford domestic products and that's even if their domestic goods are of better quality than the Chinese which a big "if".
Why place in tariffs when the prices will fall into the hands of American consumers? Let’s face it, manufacturing will never come back to the US like it did before, but this was inevitable. What we would be better off doing is, instead of putting so many tariffs on Chinese goods, we should be investing in multiple other countries to develop an infrastructure and manufacturing base like China’s that can compete with Chinese manufacturing, such as India, Vietnam, and Indonesia. Tariffs should be applied much more selectively, especially when it comes to defense and infrastructure, and should be paired with domestic subsidies to encourage some of these jobs to come back to the US.
when outsourcing started few decades ago, it was to many countries, but only china give good performance (profit), so later most of outsourcing are to china. invest to other countries today? many problems, you can find the details yourself.
@@鄧楠-z6s The drug cartel problem is something that both the US and China have an interest in cracking down on. China does not want to be seen as a drug exporter, yet through its lax regulations allows the export of dangerous chemical precursors to criminal groups. As for the industrial base in Mexico, already Mexico is the biggest trading partner with the USA, and the USA is helping to further increase its industrial and infrastructure base. Not just USA, but other Latin and European countries are choosing to invest in Mexico as a sign of confidence. New Tesla factories are built there, and economy is growing fast. Already Mexican products are more competitive than even Chinese due to cheaper labor and production costs, and the cost of importing and tariffs is much lower since Mexico is a neighbor and friendly towards the USA.
I disagree. The point of slapping tariff from Biden and Trump is to bring jobs back to America. What you are saying is just helping other countries to become the next China.
Increased tariffs and taxes always and only get passed onto the consumers. Unless you charge corporate tax. And that just gets manipulated to look minimal to avoid paying the tax.
It's called feederism. Go look it up. A country is like a family. A family is about more than money. Did you know that most lottery winners' lives are swiftly destroyed? Free money is not a good thing.
@@KitaJabig "Did you know that most lottery winners' lives are swiftly destroyed? Free money is not a good thing." catagorically untrue. Majority of them lived a better life afterwards. it is only you that wish that was the case.
Sorry, “Made in USA” wouldn’t mainly depend on China or it wouldn’t be decided by the “Chinaman”, neither American government. It is your Western capitalists, who are not willing to do so, unless you have strong willingness to drop your salary “voluntarily”. Congras, you had a very beautiful dream. Once you lost it, you couldn’t get it back again. That is the reality of the manufacture supply chains in the world. People’s “greediness” for the higher wage is totally contradicted by the greediness of your capitalism system and capitalists. Your dream couldn’t “come true” unless the most western capitalists are also political brainwashed and become naive or radicals.
😂 trump has issues Now our products cost more China is still selling to us just at a higher price Now we are just paying more for Trumps import tax. Smh. Welcome to the trump economy
I just clicked on the comments, ready to criticize this video, but then I found out that Americans are rational and have brains. Why do you have to pay so much tax to support the election of two fools? That is a lotttttt of money. Entrepreneurs gain from people and support politicians, so your money is for these useless speeches anyway.
Trump's proposal really deserves serious consideration. Raise tariff and lower down income taxes. This video does not explain more income a household will have with lower income tax.
Tariffs on Chinese imports protect the losers of domestic industries and hurt average U.S. consumers. Tariffs won't bring factory jobs back to the US because they aren't profitable for US corporations. China graduates 900,000 engineers annually. Whereas the US graduates only 70,000. China has a modern infrastructure and a whole supply chain. Whereas the U.S. infrastructure is crumbling and the US has de-industrialized to the point where it doesn't make anything anymore, how can the US compete with China? Well, it can't. If you can't beat 'em, join 'em. Just like Toyota, Nissan, and Honda do manufacturing in the USA. The sensible solution to "China Shock" is to let the Chinese set up EV manufacturing in the US and employ US workers to produce goods for US consumers.
The tariffs applied to China is opacity added to the world economy. The real reason for tariffs is to avoid disinflation which will cause global economic collapse.
How to really improve the competitiveness of a country is through education. Need to produce more engineers to improve the competitiveness of manufacturing..
So US companies should always keep the factories in the US and never looking for low cost area (China, India, Vietnam, etc....), so US people can all keep their jobs.
Last night's debate has brought to the forefront serious concerns about the cognitive abilities and stamina of those aspiring to lead our nation. It's alarming to see the incumbent, arguably the most powerful person in the world, struggle to articulate coherent thoughts without the aid of a teleprompter. The excuses of 'having a cold' or it being '9 pm' are frankly inadequate when we're discussing the individual responsible for making critical decisions that affect millions of lives. Consider the gravity of the situation: we're living in a world with two active wars, and the person we elect needs to be ready to lead at any hour, under any circumstances. The presidency isn't a 9-to-5 job with scheduled breaks. While personal likability and stance on social issues like LGBTQ+ rights are important, they shouldn't be the primary factors in choosing a leader. We need to critically evaluate each candidate's ability to perform under pressure, communicate clearly, and make sound judgments in complex geopolitical scenarios.
@@何沛洲 The US is energy independent, food independent and has large consumer base to be self sustaining For China if Iran and KSI go at it then no energy, Russia required decades of pipelines being built and they are haggling over who will pay for pipelines before any profit can be made for decades to come This is all before demographics and old age hits planet earth like never before seen
It's arguably a national security concern. Letting our domestic car manufacturers die off will result in an over-reliance on Chinese vehicles, which would give an adversary great leverage over us since vehicles are so integral to our economy.
PlayStation 4 used to cost $1845 in Brazil because of tariff. Did that help any Brazilian console makers? The govt needs to do more than just tariff if they want to help their local companies. Politicians should be required to go to school to take classes on Industrial Policies. Even subsidies has its own limits, it has diminishing returns.
Mate, it's a hoax. They just want to make more money off their citizens. Here in Egypt, we have customs and crazy tariffs on everything imported but we don't actually produce anything locally. We (Egypt) completely abandoned local production and reliant on importing goods. Every year, inflation goes up and tariffs goes up while the citizens are getting beat down. It's just a way for the government to make more money. Same in the US, you think even after all these tariffs on Chinese goods, the everyday citizen won't buy it? of course, they will, because it will still be cheaper than the US domestic goods even with all these tariffs.
I'm not an expert, but the general idea is that the government in China has heavily subsidized the manufacturing. This leads to products that are a lower cost than the market would otherwise allow. The US does this too, for a long time with agriculture and more recently with the chips act. To put a little more context the EU is upset with the chips act for the same complaints that have been expressed about China, that it gives American companies an unfair advantage in the market. With all that aside, the US has always been hypocritical and will always attempt to protect its own interests.
You have to do more research before making such comments. China is breaking every rules in the book to dominate industries and that isn't why we gave them a chance. Basically China has been cheating for decades and no one said a thing until now. It is far beyond past due.
What about the American tech companies like meta ,Amazon, Microsoft etc ,expanding to other countries while they were still not profitable. U call that genius business ideas. Wow hypocrisy wow @@Biga101011
@@mayank7158 Fake communist that adopted Capitalism until they make it big on the world stage. Basically just another pretender using whatever works for whatever task.
The drift away from free trade is concerning. The Chinese tariffs should be viewed as a response to a serious regional adversary. Not in any way as a beneficial economic policy for the US.
General free trade policies have always needed to adapt to maintain strategic industries and adapt to the subsidies in other countries. Globalism means we can ask benefit from specialization by country, but sometimes two or more countries choose to specialize on the same industry. We just have to be careful that we don't impose tariffs as if we plan on specializing in every industry. The world is going to suck if every nation chooses to be an autarky.
@@SpazzyMcGee1337 This will greatly slow down the speed of human beings going to space, just look at the United States and the Soviet Union in the last century, a self-sufficient country has an advantage in space development...... It would be easy to solve the economic problem, to be truly communist, but no country has achieved that yet
@@leeliu6867 You do realize the anti-vax propaganda worked on the idiots of the USA right? This just proves the vaxs were fine, the complete opposite of what anti-vaxxers were whining about. Hilarious that the people claiming sheep were the sheep all along.
@@chrisdelmonte983fun fact: the Philippines is wayy more developed than Chinese vassal states like Cambodia, Laos , Myanmar, Pakistan and North Korea 😂
Chinese labor is not the cheap labor you’re assuming it is anymore. Mexico, India, and Africa have far cheaper costs. And we are talking about millions of jobs, not thousands. Let’s not forget that China openly sells fentanyl precursor ingredients to the Mexican cartel at cost to kill hundreds of thousands of Americans a year.
@@Siegfried5846 He's 100% correct from a strictly economic perspective. The tariffs on China should be viewed as a necessary measure against a serious regional adversary. In no way are they economically beneficial to the US.
I will punish you by… paying higher price for the same goods. Joke aside, even if China is not producing these products, how much of it will go to US instead of India/Europe/Japan etc?
Completely missing the point. China is an adversary and being reliant on your adversaries to produce everything that goes into your economy is a very bad idea.
Honestly, even if a lot of this production does go to the places you listed instead of the US, that still works in the US's interest. At the moment, they're terrified of losing their economic primacy to China, so anything they can do to slow that progress is something they'll consider.
@@austinma3707 They're not trying to beat them down, the only countries mad about China are in North America and Western Europe because they used to be above China in trade and now that China has already surpassed them, they're suddenly in shook? Why? Did they expect China to bow down like Japan and not to compete? Why should North America and Western Europe be only on top? Are your humans different than the other people in the world? Do you see yourself above other humans because you're not Asian or African? It's Ironic, create free trade to benefit you but once you're not longer on top, it's no longer free trade.
Insane strategy for both USA an the EU. Import what is cheap, build where you are competitive. If we want to have a chance to stay competitive we need to innovate!
The approach won't be effective as China aims to handle everything from affordable products to advanced manufacturing, while expecting the rest of the world to supply raw resources. This strategy is not viable for the West, particularly Europe, which has fewer untapped natural resources compared to the Russian Federation.
@@guardianoffire8814 This strategy is not only not viable for US or EU, but also for most of other countries, even in the BRICS. They are competing with Brazil, South Africa and even Russia. They don't even let the Russian industry export their manufactured stuff to China, but only buy their cheap resources.
@@guardianoffire8814do you mean China want to act as EU and US have done since many years ago? So people from developed countries have no way to became rich?
Such a dumb move, for both candidates, with the dumb one obviously being dumber. Prices going up, competitiveness going down, wealth gets distributed upwards again and progress gets delayed. We live in idiotic times.
What this report doesn't say, is that China itself has always had high barriers for foreign companies wanting to sell their goods in China. Blocks, bans, tariffs, requirements to setup local production facilities and share trade secrets. They were supposed to remove these when they jointed the WTO but never did. The trouble is now they're in the WTO the only leverage the USA has is to do the same
Indeed, these tariffs are a counterattack against Chinese policy. The Chinese government is subsidizing exports which is unfair to the US corporations. You act like you don't know what's happening in the world.
Ford said the cost to produce one of their cars went up on average 12% thanks to the Trump Tariffs. How does this bring manufacturing back to America? Now the workers in these factories need to make 12% more, which again makes the cars more expensive. Then, it's 15% to 20% more expensive for everyone, include other countries. The reality is tariffs are extremely inflationary.
If tariffs cause manufacturers to switch to a local supplier, it is a net benefit to the economy. As per your example the money for materials no longer just leaves, but instead pays the salaries of steelworkers and miners. Even if supplier remains outside the economy, the tariffs go into the budget to fund social programs. If done correctly, they can be used to reduce inequality and increase the living standard of lower income citizens. But that is a big if.
I’ve never understood the issue Americans take with China dumping EVs and solar panels…. They are essentially subsidizing the transition to green technologies for the world. Sure they will eventually control these key industries but it also leaves them dependent on other countries since they don’t have the domestic capacity to consume everything. Generally specialization and economies of scale offer the best comparative advantage so globally humanity can be better off. Seems short sighted in my opinion
"Russian gas is cheaper! What is the problem with making our power grid dependent on it? It's in everybody's economic best interest. Russia won't do anything crazy, or else their gas industries would be hurt badly by sanctions!" It's just a plain bad idea to give away key industries to hostile foreign powers.
@@paradoxalJohn false equivalency….. Russian gas is a fossil fuel so doesn’t have any upside, Chinese solar panels would still give the USA energy independence and reduce carbon emissions which impact everybody
In an ideal world, you are right. The problem is we still live in a world where there is no global government above sovereign states, so great powers dictate who gets what, when, and how through a combination of military, financial, and other ways of imposing its will on others. This is where national security comes in. As a superpower seeking to maintain its global status and ability to project power, the United States simply cannot allow itself to be too dependent on another great power or superpower for key products and intermediary goods, not to mention China is a strategic competitor. Then there is ideology and system of governance. While liberal democracies are surely more stable in the long run, Chinese and Russian autocracies do have short term abilities to concentrate domestic resources in a perverse manner to achieve their elites’ political objectives. Such short term abilities (like China’s industrial policies and Russia’s militarism) can do significant damage to US and its allies. It is for this reason that the United States and soon the EU have abandoned globalization beginning in 2018. It is realpolitik. You support free trade when you are on top of the global supply chain, but you need to protect yourself when a peer competitor emerges. If the other side subsidizes its strategic industries, you got to figure out a way to offset those subsidies so you don’t become dependent on great powers too risky to depend on.
I'm no economist, but I imagine the cost of tariffs are passed on to the consumer because the goods that are taxed are still imported. Importers aren't going to stop importing goods from China just because they're more expensive now.
There is another graph showing imports from Mexico and SE Asia countries, suggesting that all the only thing that happens was Chinese product changed hands and was then sold to US with markups. @@stant7122
That is correct the price is will increase which means fewer things will be bought and more people will substitute to alternatives such as domestically produced items.
@@just-jeff-watching If they can afford it and/or actually prefer domestic products. Regardless it isn’t compatible with a free market policy outlook.
Because, as most of us learned in middle school or high school, a popular candidate voting system only allows for two candidates (system where you choose your favorite candidate), otherwise one side’s vote gets split. Look into ranked choice voting
Because the democratic party is an emotional party that's why they take in LGBT, Climate Change, Feminism and opening the border for "diversity" The reason people are voting for Trump is people coming in from the southern border from mental asylums not just in Latin America but also the middle east and China. And many atheist who are not getting married or having children which is a cultural problem.
When a country becomes a developed economy it relies on services to grow its GDP which for US has been the way. Manufacturing from US is gone even China is pushing its manufacturing out of China this had happened since 2014 through stricts environmental laws, factories that moved out were makers of Jeans, lows end shoes even NIKE. China want to grow on high tech industries but for service industry it cannot compete with US, no matter how developed China becomes. I was happy to see the old relationship where US gets the good things and China gets paid in USD (toilet paper) then China uses that USD to buy government debt T bonds, which US governments uses to fight wars and builds its defense industries, China asks it best countries to list in US stocks thereby fueling the need for USD as an investment currency. Everything was working well. Now that US wants to be an enemy of China I wonder who will foot those huge debt bills of US? There is not other country in the world large enough to do so.
5:13…it is because CEOs and it’s management paying themselves so much while denying workers decent wages. US as a whole is still rich but it all goes to those billionaires.
@@mercysparks1403 if you follow the American news, you will know that in the 80s, CEO’s salaries are like a couple hundreds times of ordinary workers. Now it increases to a couple thousands times. Management sits on each others company board of directors and make all their decisions to give each other fat stock options and salaries. Just look at Elon Musk for one example. Even failed CEO (like current Boeing CEO) got a fat package given their handling of the troubles with Boeing. All CEOs get golden parachute whether they are doing a good job or not. I don’t buy the arguments of those management saying we have to keep giving themselves to retain them.
Eventually, the sufferers are the US citizens, as the Chinese companies' products are still cheaper compared to what the states manufacture and eventually, prices of raw materials have increased to make the purchases in the US
@@johndoh5182 you think Trump gave out a much of money for solar panels? These two are closer than you think. Trump sent a bunch of mean tweets. Biden corrected the grammar and signed them into policy. Now they are fighting over who hates China more.
when West engages two state solution colonialism against international law, are trying to reconquer UN world government, or trying to go along with East take over of UN world government?
China is now doing US things, design in China! Belt-Road Initiative ( ~ Chinses version of the Marshall Plan) is to spend extra dollar and consume manufacturing capacity, also nurturing market!
the US see others as tools, China has every right to develop itself. Actually I see China as a great example of how a country impoverished by colonial powers and civil war rose to become a fast developing mordern nation. The US wants free trade and global order, but only when free trade and global order mean the US can exploit other nations for their wealth. I imagine the good and prosperity the US could have brought to the world after 1991 and what the US actually did, haven't we suffered enough?
We, the Chinese, are here to do business. Price acceptable? Quality acceptable? Terms acceptable? Then the purchase js made. If it isn’t, then go back to the drawing table. It’s weird how Americans think Chinese manufacturers are in it to lose money, and that we all get subsides. You guys bail out all the big corps when they fail. And let them pay next to zero taxes when they make billions. We sure have internal policy issues, but to sell to the public that it is not the govs fault, but some other country half way around the world’s, and just pass it off for the next guy to fix… that’s just a house of cards.
This debate has shown that it is necessary to change US legislation on the age limit for candidates for the post of president, minister, congressman, senator with a date of 60 years
Tariffs!!! Why manufacturing industry is only target by duty free imports??? What now then open the other sectors the same way, let all the cheep doctors, engineers, Plumber , Etc to come here freely to give cheep services, no they will eat up all the jobs but it’s ok to imports duty free and ended up shutting most of our industry.
Tariffs will only put more taxes on American importers, who will pass the higher price on goods, and the American public will pay. Chinese manufacturers will find other markets to make up for the difference.
Westren countries before: everyone must operate in the free market Westren countries when non Westren countries are doing well: we must block you from trading because your doing well
Most of innovations ( source: Nobel prizes,..) ,most world top product planning,.. happened in the USA .more than 50% of world top tech companies are in USA ,all planning happened here .but no production which give jobs for ordinary peoples. Everyone can't be engineer or scientist, not to mention about forgin talent who comes here . And illiagel migrate who get left over production jobs .that what they are talking about .other than that it will be better if can give citizenship based on education, productivity and kick out other useless
In rare rebuke, U.S. ambassador accuses China of undermining diplomacy: on.wsj.com/4eFBQFu
USA: "China, you have to do this and that, if not, we will destroy you!"
China: "Can't we have diplomatic talk about the issue?"
USA: "You are undermining diplomacy!"
谁也别说谁
@@tianli2253 This is the motto of Trump's paid cult: Make America Grow Apart
USA has lost it's credibility..
@monipenny408：
Ecerywhere wumao propagandist of ccp. No virus again !
It's so strange how the US assumed that China will continue to be their manufacturing hub for cheap labour and not strive to become like the US
China has already exported their manufacturing. I have no idea what you are talking about.
Extremely strange indeed
they already did - turning Africa, Mexico and other south american countries into their chinas.
@@joelwillis2043, chinese exports their manufactories outside china, just like what american done. So why american still crying. 😂
@@walhdamaskus2408 they arent crying
US failed at its own game(capitalism), and now playing finger pointing...🤦🏼♂
naw Chinese spies steal billions of IP and R&D. thieves.
😂 US election become more and more depend on China.
Great China! 💪🏻
😂
Consumers pay for tariffs, thus inflation will continue.
A teenager's take on how tariffs work.
@@NeidlichesSchwert Why would a stereotypical teenager know about the economic effects of tariffs?
@atlas5653 I thought wealth taxes didn’t work?
@monipenny408nope, IT Will make them buy goods from another countries, like India, philippines, Korea and japan. We should give unfair advantage to friendly countries over hostile ones
what is not mentioned here 1:33 is that while the import growed about 5 times, the export to china growed about ten times.
Whatever happen to free market and capitalism huh America?
Communism happened.
USA wants to become Communist now.😂
Since when benefitting a regime has anything to do with Capitalism?, Europe already financed Russia, why US should do the same having a large amount of possible cheap manufacturers around the world?
大量的工人会失业，大量的家庭会破产，愤怒的民众会走上街头，他们要杀死那些政客和资本家，他们会被军队和警察无情的镇压，他们拿起武器，点燃战火，我们中国人通常叫做革命，资本家与政客最害怕的，共产主义。
@@CristianmrWuno What doe the free market have to do with the regimes? Free market should opt for the most efficient/cheap solutions.
some of the Chinese car imports are extremely cheap. now imagine how much more affordable they would've been if the 25% tariff wasn't there originally. struggling families might've been able to afford a car.
如果最初没有 25% 的关税，中国进口的汽车最低可以达到9999美元，美国没有一家汽车企业可以做到这一点，他们会破产，或者离开美国，去中国建工厂，美国的工人会失业，但更多人会开上中国的汽车，9999美元，学生都有能力买一辆。
yesh tariffs, only the poor and middle income gets to suffer, them rich policy makers won't even feel it. They should have just focused in building products that are more competent.
Any product that USA can produce more efficiently is being targeted by Chinese government for export. Look at EVs.
Both strategy are just made for their own audience. There is no difference between 200% and 100% tariff because you cannot afford anyway. Dedicated rule on different products should be applied. U.S. cannot make everything, end of the story.
CHEAP GOODS ARE GOOD FOR ME AS THE CONSUMER, THOUGH??? STOP THE TARIFFS!!!!
but they are LOW QUALITY, dont last as long!
@@nran7811 Not really, that's why North America and Western Europe are in shook. Chinese cheap goods quality became way much better compared to 10-15 years ago. Now that their cheap products have good quality, that absolutely ends the competition with North America and Western Europe. The only way is tariffs to limit their own citizens from buying Chinese goods and be dependent on domestic products if these middle-class and poor consumers can even afford domestic products and that's even if their domestic goods are of better quality than the Chinese which a big "if".
if they dont last long no one would buy Chinese evs, but there's more chines evs than tesla in europe
Why place in tariffs when the prices will fall into the hands of American consumers? Let’s face it, manufacturing will never come back to the US like it did before, but this was inevitable. What we would be better off doing is, instead of putting so many tariffs on Chinese goods, we should be investing in multiple other countries to develop an infrastructure and manufacturing base like China’s that can compete with Chinese manufacturing, such as India, Vietnam, and Indonesia. Tariffs should be applied much more selectively, especially when it comes to defense and infrastructure, and should be paired with domestic subsidies to encourage some of these jobs to come back to the US.
when outsourcing started few decades ago, it was to many countries, but only china give good performance (profit), so later most of outsourcing are to china. invest to other countries today? many problems, you can find the details yourself.
你太理想化了，美国在墨西哥投资，可墨西哥工业实力无法达到中国工业的技术水平，墨西哥缺少完整的产业线，无奈之下，墨西哥从中国进口商品，把中国制造改成墨西哥制造，这样还可以绕过美国的关税政策，墨西哥贩毒集团都在这么做，贩毒集团都笑疯了，美国政府假装不知道，改变不了残酷的现实。
@@鄧楠-z6s The drug cartel problem is something that both the US and China have an interest in cracking down on. China does not want to be seen as a drug exporter, yet through its lax regulations allows the export of dangerous chemical precursors to criminal groups. As for the industrial base in Mexico, already Mexico is the biggest trading partner with the USA, and the USA is helping to further increase its industrial and infrastructure base. Not just USA, but other Latin and European countries are choosing to invest in Mexico as a sign of confidence. New Tesla factories are built there, and economy is growing fast. Already Mexican products are more competitive than even Chinese due to cheaper labor and production costs, and the cost of importing and tariffs is much lower since Mexico is a neighbor and friendly towards the USA.
你说的也是事实，贩毒集团确实是从我们中国进口的危险化学品，这件事是美国国务卿上次来中国时告诉我们的，我们已经严格的管制了这些化学原料，我们中国对毒品是严厉打击的，没想到我们竟然成为了原料的出口国。你忽略了另一件，我们正在进行产业升级，淘汰落后的制造业，我们的人工费用也越来越高，这也是墨西哥能进一步扩大其工业和基础设施基础的原因，但我们没有放弃的产业，墨西哥很难与我们竞争，如果美国愿意像当年投资中国一样，投资墨西哥也会成功，可我们中国也会向美国发起挑战，与美国全面竞争，几年前的手机、芯片，现在的汽车、光伏。未来的AI、自动化、智能化、机器人，美国是最棒的老师，最好的对手，是美国让中国强大，战胜美国，是对美国最高的敬意。
I disagree. The point of slapping tariff from Biden and Trump is to bring jobs back to America. What you are saying is just helping other countries to become the next China.
Increased tariffs and taxes always and only get passed onto the consumers. Unless you charge corporate tax. And that just gets manipulated to look minimal to avoid paying the tax.
China lives free in every American politican's mind😂
What about 'consumers'. As an over taxed tax payer, I wouldn't mind chinese tax payers willingly subsidies us with free money.
It's called feederism. Go look it up.
A country is like a family. A family is about more than money.
Did you know that most lottery winners' lives are swiftly destroyed? Free money is not a good thing.
@@KitaJabig "Did you know that most lottery winners' lives are swiftly destroyed? Free money is not a good thing."
catagorically untrue.
Majority of them lived a better life afterwards.
it is only you that wish that was the case.
Dont judge by decibels. Biden was calm and his arguments made sense. Trump was street level knowledge of politics.
China’s trade surplus last year was almost 900 billion. They will come close to that this year. What’s the surplus for US last year?
Both will compete on who can insult china the most for sure without addressing USA internal problem and how to Solved it😂
Basic human animalistic instinct. Losers always smear or blame Winners.
A brand new Toyota Corolla sells for $10K in China, the same car costs at least twice the price here.
Sorry, “Made in USA” wouldn’t mainly depend on China or it wouldn’t be decided by the “Chinaman”, neither American government. It is your Western capitalists, who are not willing to do so, unless you have strong willingness to drop your salary “voluntarily”. Congras, you had a very beautiful dream. Once you lost it, you couldn’t get it back again. That is the reality of the manufacture supply chains in the world. People’s “greediness” for the higher wage is totally contradicted by the greediness of your capitalism system and capitalists. Your dream couldn’t “come true” unless the most western capitalists are also political brainwashed and become naive or radicals.
Sounds like they don't care about US citizens, China China China😂
🗳
Presidential. Election. 2024
Democrats. Republicans
🛋🛋🛋🛋🛋🛋
THE COUCH
🛋🛋🛋🛋🛋🛋
STAND⬇️. NO VOTING
🍿🍿🍿🍿
THE WHITE HOUSE
Empty. Vacant
OVAL OFFICE
😂 trump has issues
Now our products cost more
China is still selling to us just at a higher price
Now we are just paying more for Trumps import tax.
Smh.
Welcome to the trump economy
I just clicked on the comments, ready to criticize this video, but then I found out that Americans are rational and have brains. Why do you have to pay so much tax to support the election of two fools? That is a lotttttt of money. Entrepreneurs gain from people and support politicians, so your money is for these useless speeches anyway.
Trump's proposal really deserves serious consideration. Raise tariff and lower down income taxes. This video does not explain more income a household will have with lower income tax.
4:02 thats called the "free market", just sounds like she's pro-monopoly
Tariffs on Chinese imports protect the losers of domestic industries and hurt average U.S. consumers. Tariffs won't bring factory jobs back to the US because they aren't profitable for US corporations. China graduates 900,000 engineers annually. Whereas the US graduates only 70,000. China has a modern infrastructure and a whole supply chain. Whereas the U.S. infrastructure is crumbling and the US has de-industrialized to the point where it doesn't make anything anymore, how can the US compete with China? Well, it can't. If you can't beat 'em, join 'em. Just like Toyota, Nissan, and Honda do manufacturing in the USA. The sensible solution to "China Shock" is to let the Chinese set up EV manufacturing in the US and employ US workers to produce goods for US consumers.
If USA not produce enough and the internal tax not enough, they tax import products (=tariffs).
为什么不能让中国和越南还有其他发展中国家竞争，如果输了证明中国的补助失效，这种单方面的加关税，让中国陷入通缩，美国进入通胀，这和我学的经济学完全不合理。
obviously it's the american citizens suffered from the tariffs and core contributor to the sustaining US high inflation rate
Someone please, just dare Trump to explain what tariffs actually are
The tariffs applied to China is opacity added to the world economy. The real reason for tariffs is to avoid disinflation which will cause global economic collapse.
How to really improve the competitiveness of a country is through education.
Need to produce more engineers to improve the competitiveness of manufacturing..
We never learned,
How many times we tariffs on others, Eu twice,
What happens after that.?
Wake up
No more globalism, end of story.
Biden and Trump's similar stance on China is surprising! 🌏
The China policy is the only bipartisan policy on the hill.
Democracy is fake. Only the racism is real
Remember please, this channel is owned by the same Mordock family that spew disinformation on Fox.
So US companies should always keep the factories in the US and never looking for low cost area (China, India, Vietnam, etc....), so US people can all keep their jobs.
Tech and IT jobs going to India 😢
vote for kennedy
REMEMBER THE OBAMA ADMIN.... HAYYZZZZ
end global trade
所以美国总统大选的话题是关于中国？？我们现在都能影响总统大选了？😂😂
Higher import tax just means consumers pay more. Job may leave China to go to Mexico but it is not coming back to America 😂😂😂
Last night's debate has brought to the forefront serious concerns about the cognitive abilities and stamina of those aspiring to lead our nation. It's alarming to see the incumbent, arguably the most powerful person in the world, struggle to articulate coherent thoughts without the aid of a teleprompter. The excuses of 'having a cold' or it being '9 pm' are frankly inadequate when we're discussing the individual responsible for making critical decisions that affect millions of lives.
Consider the gravity of the situation: we're living in a world with two active wars, and the person we elect needs to be ready to lead at any hour, under any circumstances. The presidency isn't a 9-to-5 job with scheduled breaks.
While personal likability and stance on social issues like LGBTQ+ rights are important, they shouldn't be the primary factors in choosing a leader. We need to critically evaluate each candidate's ability to perform under pressure, communicate clearly, and make sound judgments in complex geopolitical scenarios.
Keep size India !
I thought Israel is the Boss of the United States. Lol
Chinese policy decides who will be the next president.
Its weird that we changed the rules bc we forgot how to compete
Underrated comment.
The competition is just starting, there was barely any competition
我是学历史的，现在的中国就和二战时期的美国差不多，上世纪70年代，正是冷战最激烈的时候。在苏攻美守的大背景下，美国陷入石油危机和金融危机以及越战泥潭之中，最后美国找到了一个新的增长点，就是中国，也就是那个时候中美合作了。随着中国改革开放，大批日本，德国等国的制造业转移到中国，美国在见识到中国可以帮它创造巨大利润后也将制造业转移中国。其实美国有很多次机会可以一劳永逸的解决中国，但是舍不得利润，最后照就了今天的中国。我可以非常负责任的告诉你，美国赢不了中国，因为当今世界的体系是美国建立的，但是中国是拿了最多发展红利的。如果你们继续这套体系，中国会慢慢超过你取代你，如果你们破坏自己创造的这套体系，你们会和苏联一样崩溃解体。要怪就怪你们美国的政客，他们的贪婪造就了今天的局面。
@@何沛洲 The US is energy independent, food independent and has large consumer base to be self sustaining
For China if Iran and KSI go at it then no energy, Russia required decades of pipelines being built and they are haggling over who will pay for pipelines before any profit can be made for decades to come
This is all before demographics and old age hits planet earth like never before seen
It's arguably a national security concern. Letting our domestic car manufacturers die off will result in an over-reliance on Chinese vehicles, which would give an adversary great leverage over us since vehicles are so integral to our economy.
Such a pity the US has these two presidential candidates only. What a joke.
For American politicians, it is always easier to find a scapegoat than to solve the problem.
u are correct❤
It's not exclusive to American politicians
It's the same with Serbian politicians. Maybe it's the same with all politicians?
They are trying to solve the problem. Otherwise later on, everyone in the world will be required to speak Chinese.
@@bluemoon6559 it's better to speak Chinese.
PlayStation 4 used to cost $1845 in Brazil because of tariff. Did that help any Brazilian console makers? The govt needs to do more than just tariff if they want to help their local companies.
Politicians should be required to go to school to take classes on Industrial Policies. Even subsidies has its own limits, it has diminishing returns.
fr
Mate, it's a hoax. They just want to make more money off their citizens. Here in Egypt, we have customs and crazy tariffs on everything imported but we don't actually produce anything locally. We (Egypt) completely abandoned local production and reliant on importing goods. Every year, inflation goes up and tariffs goes up while the citizens are getting beat down. It's just a way for the government to make more money. Same in the US, you think even after all these tariffs on Chinese goods, the everyday citizen won't buy it? of course, they will, because it will still be cheaper than the US domestic goods even with all these tariffs.
"Unfairly cheap prices"? yo America aint you suppossed to be the capitalism chief?
I'm not an expert, but the general idea is that the government in China has heavily subsidized the manufacturing. This leads to products that are a lower cost than the market would otherwise allow. The US does this too, for a long time with agriculture and more recently with the chips act. To put a little more context the EU is upset with the chips act for the same complaints that have been expressed about China, that it gives American companies an unfair advantage in the market.
With all that aside, the US has always been hypocritical and will always attempt to protect its own interests.
You have to do more research before making such comments. China is breaking every rules in the book to dominate industries and that isn't why we gave them a chance. Basically China has been cheating for decades and no one said a thing until now. It is far beyond past due.
What about the American tech companies like meta ,Amazon, Microsoft etc ,expanding to other countries while they were still not profitable. U call that genius business ideas. Wow hypocrisy wow @@Biga101011
Isn't China supposed to be Communist?
@@mayank7158 Fake communist that adopted Capitalism until they make it big on the world stage. Basically just another pretender using whatever works for whatever task.
So whoever gets elected, life is going to be harder for the average Americans.
Invest in retail before it’s too late late
China is finished.
🤣🤣🤣🤣
@@Countrycashflow
Which area of retail should we invest?
@@jimliu2560 amc or gamestop
The US logic
"we are pro free trade"
"not if you do it better than us tho"
The drift away from free trade is concerning. The Chinese tariffs should be viewed as a response to a serious regional adversary. Not in any way as a beneficial economic policy for the US.
General free trade policies have always needed to adapt to maintain strategic industries and adapt to the subsidies in other countries. Globalism means we can ask benefit from specialization by country, but sometimes two or more countries choose to specialize on the same industry.
We just have to be careful that we don't impose tariffs as if we plan on specializing in every industry. The world is going to suck if every nation chooses to be an autarky.
I think any country should impose tariffs to another country that is showing signs of animosity like china is doing. They are bullying everybody.
@@SpazzyMcGee1337 This will greatly slow down the speed of human beings going to space, just look at the United States and the Soviet Union in the last century, a self-sufficient country has an advantage in space development...... It would be easy to solve the economic problem, to be truly communist, but no country has achieved that yet
Reuters. 6/25/24. “Philippines seeking US clarification on anti-vax propaganda operation”
What clarity their sugar daddy tested them like test rat
@@leeliu6867 You do realize the anti-vax propaganda worked on the idiots of the USA right? This just proves the vaxs were fine, the complete opposite of what anti-vaxxers were whining about. Hilarious that the people claiming sheep were the sheep all along.
Philippines is a S-L-A-V-E country 😂
@@chrisdelmonte983fun fact: the Philippines is wayy more developed than Chinese vassal states like Cambodia, Laos , Myanmar, Pakistan and North Korea 😂
@@leeliu6867chinese women fighting to have a foreign husband 😂
protect a few thousand american workers by making 300 million americans pay more
美国不是美国人的美国，是资本集团的美国，是犹太人的美国。美国人是生产财富的工具，收割你的财富与你本人有什么关系？
Chinese labor is not the cheap labor you’re assuming it is anymore. Mexico, India, and Africa have far cheaper costs. And we are talking about millions of jobs, not thousands. Let’s not forget that China openly sells fentanyl precursor ingredients to the Mexican cartel at cost to kill hundreds of thousands of Americans a year.
Are you from China? we gave you enough, time to cut the money train from China.
"Waaaaahhh I can't buy cheap trash and sell off my children's future"
@@Siegfried5846 He's 100% correct from a strictly economic perspective. The tariffs on China should be viewed as a necessary measure against a serious regional adversary. In no way are they economically beneficial to the US.
I will punish you by… paying higher price for the same goods. Joke aside, even if China is not producing these products, how much of it will go to US instead of India/Europe/Japan etc?
Completely missing the point. China is an adversary and being reliant on your adversaries to produce everything that goes into your economy is a very bad idea.
None, it's too expensive to manufacture here.
FYI, US imports from Mexico/SEA surged after the heavy tariff on China, while China's exports to Mexico/SEA surged.
@@heyaisdabombProbably most Americans have not realized the step ahead.
Honestly, even if a lot of this production does go to the places you listed instead of the US, that still works in the US's interest. At the moment, they're terrified of losing their economic primacy to China, so anything they can do to slow that progress is something they'll consider.
You win a race not by slowing down or locking up your opponents, but by making yourself stronger and faster.
Cope harder, China Will be replaced by india🇮🇳😂!
when your opponent is trying to beat you down, it's no longer a race
@@austinma3707 They're not trying to beat them down, the only countries mad about China are in North America and Western Europe because they used to be above China in trade and now that China has already surpassed them, they're suddenly in shook? Why? Did they expect China to bow down like Japan and not to compete? Why should North America and Western Europe be only on top? Are your humans different than the other people in the world? Do you see yourself above other humans because you're not Asian or African? It's Ironic, create free trade to benefit you but once you're not longer on top, it's no longer free trade.
@@austinma3707
What do you mean by "..beat you down.." ?
You can play it dirty if you can't compete with your rivals.
That's the American way.. ?
Insane strategy for both USA an the EU. Import what is cheap, build where you are competitive. If we want to have a chance to stay competitive we need to innovate!
The approach won't be effective as China aims to handle everything from affordable products to advanced manufacturing, while expecting the rest of the world to supply raw resources. This strategy is not viable for the West, particularly Europe, which has fewer untapped natural resources compared to the Russian Federation.
@@guardianoffire8814 This strategy is not only not viable for US or EU, but also for most of other countries, even in the BRICS. They are competing with Brazil, South Africa and even Russia. They don't even let the Russian industry export their manufactured stuff to China, but only buy their cheap resources.
Chinese government is subsiding every industry with the goal of dominating the market.
the US are the innovators, china only steal American IP
@@guardianoffire8814do you mean China want to act as EU and US have done since many years ago? So people from developed countries have no way to became rich?
How about stop outsourcing our jobs to India!! That’s happening now. Manufacturing is over
yeah....more inflation for you and me
没关系，转移社会矛盾，把民众对通货膨胀的愤怒转移到中国人身上就好了，是中国人生产了电动汽车，是中国人让美国汽车企业倒闭破产，是中国人夺走了美国工人的工作，是中国人恶意竞争让美国失去了工业制造，是中国人对美国工业入侵，是中国人发动工业海啸，都是中国人的错。
Such a dumb move, for both candidates, with the dumb one obviously being dumber. Prices going up, competitiveness going down, wealth gets distributed upwards again and progress gets delayed. We live in idiotic times.
Our politicians act like these tariffs and strategies won't be countered by China's own economic tariffs and strategies. Such foolishness.
America is the embodiment of "Do as we say, not as we do".
What this report doesn't say, is that China itself has always had high barriers for foreign companies wanting to sell their goods in China. Blocks, bans, tariffs, requirements to setup local production facilities and share trade secrets. They were supposed to remove these when they jointed the WTO but never did. The trouble is now they're in the WTO the only leverage the USA has is to do the same
Maybe
Indeed, these tariffs are a counterattack against Chinese policy. The Chinese government is subsidizing exports which is unfair to the US corporations. You act like you don't know what's happening in the world.
Ford said the cost to produce one of their cars went up on average 12% thanks to the Trump Tariffs. How does this bring manufacturing back to America? Now the workers in these factories need to make 12% more, which again makes the cars more expensive. Then, it's 15% to 20% more expensive for everyone, include other countries. The reality is tariffs are extremely inflationary.
If tariffs cause manufacturers to switch to a local supplier, it is a net benefit to the economy. As per your example the money for materials no longer just leaves, but instead pays the salaries of steelworkers and miners. Even if supplier remains outside the economy, the tariffs go into the budget to fund social programs. If done correctly, they can be used to reduce inequality and increase the living standard of lower income citizens. But that is a big if.
不要反抗了，打开市场咱一起合作都可以赚钱，无非是我们多赚点，你们少赚点，关闭市场短期有用，长期是有害的。
Workers in ford making 12% more cars would cause prices to decrease.
@@何沛洲21世纪土地革命，地主和贫农的阶级斗争避免不了。
USA Manufacturing jobs will go to other developing countries first ….long before ever returning to USA…
I’ve never understood the issue Americans take with China dumping EVs and solar panels…. They are essentially subsidizing the transition to green technologies for the world. Sure they will eventually control these key industries but it also leaves them dependent on other countries since they don’t have the domestic capacity to consume everything. Generally specialization and economies of scale offer the best comparative advantage so globally humanity can be better off. Seems short sighted in my opinion
"Russian gas is cheaper! What is the problem with making our power grid dependent on it? It's in everybody's economic best interest. Russia won't do anything crazy, or else their gas industries would be hurt badly by sanctions!" It's just a plain bad idea to give away key industries to hostile foreign powers.
@@paradoxalJohnthe US is the aggressor here
Maybe those hostile countries wouldn’t be so hostile if USA/West stops “suppressing and controlling” them….
@@paradoxalJohn false equivalency….. Russian gas is a fossil fuel so doesn’t have any upside, Chinese solar panels would still give the USA energy independence and reduce carbon emissions which impact everybody
In an ideal world, you are right. The problem is we still live in a world where there is no global government above sovereign states, so great powers dictate who gets what, when, and how through a combination of military, financial, and other ways of imposing its will on others. This is where national security comes in. As a superpower seeking to maintain its global status and ability to project power, the United States simply cannot allow itself to be too dependent on another great power or superpower for key products and intermediary goods, not to mention China is a strategic competitor. Then there is ideology and system of governance. While liberal democracies are surely more stable in the long run, Chinese and Russian autocracies do have short term abilities to concentrate domestic resources in a perverse manner to achieve their elites’ political objectives. Such short term abilities (like China’s industrial policies and Russia’s militarism) can do significant damage to US and its allies. It is for this reason that the United States and soon the EU have abandoned globalization beginning in 2018. It is realpolitik. You support free trade when you are on top of the global supply chain, but you need to protect yourself when a peer competitor emerges. If the other side subsidizes its strategic industries, you got to figure out a way to offset those subsidies so you don’t become dependent on great powers too risky to depend on.
I'm no economist, but I imagine the cost of tariffs are passed on to the consumer because the goods that are taxed are still imported. Importers aren't going to stop importing goods from China just because they're more expensive now.
The chart in the video shows a decrease of imports since the tariffs have been put in place
There is another graph showing imports from Mexico and SE Asia countries, suggesting that all the only thing that happens was Chinese product changed hands and was then sold to US with markups. @@stant7122
That is correct the price is will increase which means fewer things will be bought and more people will substitute to alternatives such as domestically produced items.
@@just-jeff-watching If they can afford it and/or actually prefer domestic products. Regardless it isn’t compatible with a free market policy outlook.
@@just-jeff-watchingit will also affect us export to other countries
Funny how the country had surpluses getting all their revenue from tariffs and not from income tax.
Why can Americans only choose president from these two people?🤨🤨🤨🤨
Because, as most of us learned in middle school or high school, a popular candidate voting system only allows for two candidates (system where you choose your favorite candidate), otherwise one side’s vote gets split.
Look into ranked choice voting
Because the other runners did not have the numbers
Because the democratic party is an emotional party that's why they take in LGBT, Climate Change, Feminism and opening the border for "diversity" The reason people are voting for Trump is people coming in from the southern border from mental asylums not just in Latin America but also the middle east and China. And many atheist who are not getting married or having children which is a cultural problem.
why can't Chinese even have a choice? 🤔🤔🤔
@@XiWinnie69 1 billion vote out of 22 million politicians. Lol.
When a country becomes a developed economy it relies on services to grow its GDP which for US has been the way. Manufacturing from US is gone even China is pushing its manufacturing out of China this had happened since 2014 through stricts environmental laws, factories that moved out were makers of Jeans, lows end shoes even NIKE. China want to grow on high tech industries but for service industry it cannot compete with US, no matter how developed China becomes. I was happy to see the old relationship where US gets the good things and China gets paid in USD (toilet paper) then China uses that USD to buy government debt T bonds, which US governments uses to fight wars and builds its defense industries, China asks it best countries to list in US stocks thereby fueling the need for USD as an investment currency. Everything was working well. Now that US wants to be an enemy of China I wonder who will foot those huge debt bills of US? There is not other country in the world large enough to do so.
it's not problem for US debt bills, don't forget the US has printer which could print USD lol
Agreed!
5:13…it is because CEOs and it’s management paying themselves so much while denying workers decent wages. US as a whole is still rich but it all goes to those billionaires.
@@jt6231 America has the highest labor cost compare with China
@@mercysparks1403 if you follow the American news, you will know that in the 80s, CEO’s salaries are like a couple
hundreds times of ordinary workers. Now it increases to a couple thousands times.
Management sits on each others company board of directors and make all their decisions to give each other fat stock options and salaries. Just look at Elon Musk for one example.
Even failed CEO (like current Boeing CEO) got a fat package given their handling of the troubles with Boeing. All CEOs get golden parachute whether they are doing a good job or not. I don’t buy the arguments of those management saying we have to keep giving themselves to retain them.
Omg ! Both are failures.
Historical data repeating. Look at 1980s when japanese car increase and cheaper products !
Plaza Accord made sure Japan can't win
Eventually, the sufferers are the US citizens, as the Chinese companies' products are still cheaper compared to what the states manufacture and eventually, prices of raw materials have increased to make the purchases in the US
So now that it's over 10 years later. How did Obama's tariffs on solar work out?
It created a lot of jobs and boosted the green economy……in China.
@@Robert-fx3ng exactly. As a Libertarian I hate government intervention.
You mean Trump's?
How about getting the right president named first?
@@johndoh5182 you think Trump gave out a much of money for solar panels? These two are closer than you think. Trump sent a bunch of mean tweets. Biden corrected the grammar and signed them into policy. Now they are fighting over who hates China more.
Remember please, this channel is owned by the same Mordock family that spew disinformation on Fox.
Poor people don’t buy electric cars or solar panels. How do you figure they are bearing the brunt of taxes on these Chinese imports?
everything in walmart and dollar stores are from china
太阳能电池板是非常重要的国家战略资源，收集光能转化电能，代替传统的烧煤火力发电，对降低碳排放和环保非常重要，是每个工业国家必须购买的东西，中国霸占了市场，美国很生气，加高关税，让纳税人买单！纳税人吃下了委屈，国会老爷们也很痛苦，那么多的税款在手里，不可以用在纳税人身上，因为要投入战争，给乌克兰，给以色列。
Unfairly low prices? ROFL!!!
都是中国人的错，他们用工业入侵的方式杀死美国的企业，现在用令人震惊的低价屠杀美国汽车企业，中国人太可恶了，所以为了阻止中国人的邪恶计划，英明的美利坚大总统要加关税，要加200%，不！300%。
other Asian countries are making more cheaper than Chinese, the tradewar will moving on
US should sue China for being an unfairly good country i guess
US can also give subsidies. China didn't stopped them.
Leaving comments on huh, this should be good.
Fight me!
@@stoundingresults no FIGHT ME!
Why do you show the entire territory of the US in your maps, but cut off parts of China's territory in your maps?
@@noorna7123 TW province
@@noorna7123 台湾
You can tell how much the lady likes Trump when she still calls him president
when West engages two state solution colonialism against international law, are trying to reconquer UN world government, or trying to go along with East take over of UN world government?
Bring back American companies to North America and work with neighboring countries like Canada and Mexico. To have a strong North America.
China is now doing US things, design in China! Belt-Road Initiative ( ~ Chinses version of the Marshall Plan) is to spend extra dollar and consume manufacturing capacity, also nurturing market!
中国人高喊遵守自由贸易。
美国人高喊发展本国工业。
中国指责美国不懂民主。
美国指责中国不懂社会主义。
Tariffs should be the alternative to the federal income tax. Repeal the Sixteenth Amendment.
the US see others as tools, China has every right to develop itself.
Actually I see China as a great example of how a country impoverished by colonial powers and civil war rose to become a fast developing mordern nation.
The US wants free trade and global order, but only when free trade and global order mean the US can exploit other nations for their wealth.
I imagine the good and prosperity the US could have brought to the world after 1991 and what the US actually did, haven't we suffered enough?
Protectionism only reward the lazy and the incompetent.
I still rember the trump era fear....
Eletric cars
The infamous flu
BLM
Toilet paper
P
A
N
D
E
M
I
C
Jan 6th terrorism
Etc.
Smh.
US is not the only country China trade with. Hope Chinese manufacturers mark up the price specially for US.
We, the Chinese, are here to do business. Price acceptable? Quality acceptable? Terms acceptable? Then the purchase js made. If it isn’t, then go back to the drawing table.
It’s weird how Americans think Chinese manufacturers are in it to lose money, and that we all get subsides.
You guys bail out all the big corps when they fail. And let them pay next to zero taxes when they make billions.
We sure have internal policy issues, but to sell to the public that it is not the govs fault, but some other country half way around the world’s, and just pass it off for the next guy to fix… that’s just a house of cards.
当今世界的主题，我记得在我们的中学的政治书上写的是：和平与发展，但是我感觉现在世界的主题应该是合作与竞争，该合作就合作，该竞争就竞争，该战争就战争🙃🙃这种事在中国已经轮回循环了5000年啦😇😇😇😇😇
China is not Japan, you can’t dictate what China must be it not be
Scalpel vs. sledge hammer.
This debate has shown that it is necessary to change US legislation on the age limit for candidates for the post of president, minister, congressman, senator with a date of 60 years
Imperialiat US empire hates to see other nations rise and become auccessful 😂
Stole US technologies is not a “Successful nation”
FACTS!!!!
It's the same in every nation
They did it to Japan, now they’re doing to China. Except China is too big and not a lapdog.
@@Jupitersonlyson Are you living under the rocks ?
Tariffs!!! Why manufacturing industry is only target by duty free imports??? What now then open the other sectors the same way, let all the cheep doctors, engineers, Plumber , Etc to come here freely to give cheep services, no they will eat up all the jobs but it’s ok to imports duty free and ended up shutting most of our industry.
I ain't voting for no Putin lover.
Tariffs will only put more taxes on American importers, who will pass the higher price on goods, and the American public will pay. Chinese manufacturers will find other markets to make up for the difference.
Your production team should be fired due to the use of incorrect map of China.
By scapegoating China, political elites need not to ge accountable for their incompetence and failure to care for the well being of ordinary people.
are you not entertained...
Westren countries before: everyone must operate in the free market
Westren countries when non Westren countries are doing well: we must block you from trading because your doing well
Most of innovations ( source: Nobel prizes,..) ,most world top product planning,.. happened in the USA .more than 50% of world top tech companies are in USA ,all planning happened here .but no production which give jobs for ordinary peoples. Everyone can't be engineer or scientist, not to mention about forgin talent who comes here . And illiagel migrate who get left over production jobs .that what they are talking about .other than that it will be better if can give citizenship based on education, productivity and kick out other useless
Moan is giving out O.J vibes
Motto of Trump's paid cult: Make America Grow Apart