""Ask Not What Your Country Can Do For You"" -JFK Stop waiting for other people to change. Take action for your own life. Fix things. Strangers aren't going to care for us.
@@patkennedy1 no one takes us seriously with the current administration. We have wars popping up everywhere. We pulled out of Afghanistan terribly, gave millions of dollars of gear to terrorists, and putin and zalinski have been going at it for years now. This needs to stop, or at the very least, we are taken seriously and don’t act like wet spaghetti noodles.
For example, using Chinese routers, tablets and cell phones in America? Sure, it's a risk. Banning the sales of tech into China, like GPUs, Licenses of engineering software, and not allowing them to use TSMC? How is that a national security risk? They bullied ZTE, Huawei, and pressured companies like Nvidia, ASML, and TSMC. Sure, trade secrets, spy agents, are serious issues both are dealing with. But those moves were more to destroy their competition and maintain technological superiority.
it has always been, in the psyche of the western civilisation, since the middle ages. it was islam, protestanism, moral panics of the victorian era, then the racial anxieties of fascist germany and italy, then fear of communism, etc etc. they've always been an insecure bunch
I am an engineer and working for a high tech aviation technology company in America since 1991. Most of my co-workers are Asian. They are highly educated professionals. We have to buy a lot of equipment from China because America doesn't have the equipment we need. When someone buys an American flag, it is made in China.
America needs to work together, but Marxism has been able to infiltrate and divide... CRT, DEI in both the workplace and schools. It has fostered a victim mentality. Hopefully, this will abate when U.S. policies focus on peace and prosperity, while getting control over unelected bureaucrats who act as if they are the 4th branch of government. As Trump said, success has a way of uniting people... we'll get education refocused on academics and meritocracy, and off of teaching oppressor-oppressed Marxist concepts that simply create suspicion and hate.
@@aviaaviation5004 No, competition between countries in geopolitics is NEVER fair. Everytime your economy grows, someone else's tumbles and vice versa... Survival of the fittest is the rule of economics too.
Think about it, two people running a race and all one of them thinks about is so slowing down his opponent, that's what America is doing, and many Americans aren't even ashamed of it!
@@rabbott-ee4yu tariffs do make everything cheaper while bringing in billions of dollars to the United States you make comments with Emojis so no one takes you seriously
@@turkwendell6904 "tariffs do make everything cheaper" LOL you have absolutely no idea what you're talking about. Do you even know who pays the tariffs??? Tariffs are paid by American businesses when they pick up the goods from customs. In order to make the same profit on an item that is now more expensive due to tariffs, they pass that cost onto the end consumer by raising prices. Tariffs will undoubtedly make EVERYTHING MORE EXPENSIVE for Americans. The money the government is going to collect from tariffs is from American customers, NOT FROM CHINA!
@@turkwendell6904but US Trade deficit with china will increase which is a major problem of US economy Because of China did slapped during Trump's first' term
No, he didn't say that, you are making it up. He said tariffs would fill the coffers of the state, which USA badly needs. Of course, as long as they are NOT prohibitive. Sure, it's a tax on imports, the smart kind of tax.
If he persists with these flawed and deluded measures, it will destroy far more than the middle class. If there are no 'guardrails' to keep him in check this has the potential to hasten the downfall of the entire US economy, and the fragile balances of world trade.
@@albertosanz8446 Let's not forget that the ONLY positives from Trump's first term - lower prices - were entirely due to Obama's reforms. They were IN SPITE of Trump and his childish tariffs, not because of him! But of course you just want to believe Trump's fairy stories, that the lower prices were down to him. And the 'no wars'. Remember what you said here over the next four years, when prices will skyrocket, and serious wars break out. You and so many others have made a serious error, which ALL will suffer for.
At this point in time I'd rather work with China than the USA and I'm Canadian. During Trump's last term he increased the tariffs on washers and driers so that the cost of foreign imported products would cost more money and US washer and driers would cost less. Only problem was the greed of American manufacturers who increased the price of their products to match those being imported. The only people who lost were American consumers, which is exactly what will happen with more Trump tariffs.
@@SystemAdministrator-j3f Yes. The current inflation was all caused by Trump's trade war with China, but Bidden / Harris suffered the consequence of it.
A thing people don't seems to talk about is how this will squeeze America's allies. America's allies loses a customer and America is not making up the difference.
Super important point. The world has never been more wealthy as it has been under the current WTO regime. Moving away from it will reduce everyone's wealth while raising global tensions. A terrible trajectory to go on.
True! EU tried imposing tariffs on Chinese automakers, and EU automakers were the first ones to oppose the move because it would deny them access to the world's largest car market. Imposing tariffs on Chinese goods and automakers only works against American companies, which would be locked out of the Chinese market.
Exactly! Trump doesn’t care about having allies and I don’t think he knows the benefits. Countries are already using gold instead of dollars for their reserves so pushing away more allies isn’t great for the dollar
This is going to bite the US in the back. If they also impose tariffs on the EU and keep badmouthing them re. NATO, etc., they will likely not comply when it comes to containing China. In other words, the US can't have its cake and eat it too.
I love when anyone brings up the Plaza Accords - a moment when the West bullied Japan for its excellence and trajectory to being the #1 economy on Earth. Maybe one day this century Japan will leave the Plaza Accords - America leaves and returns from treaties and international agreements every four years.
To replace the things we need from China will take over a decade of ramping up production capacity, to the tune of trillions in investment, before we can even TRY to replace those goods domestically. We will suffer for years because of this choice.
No, we have already suffered for Decades in North America after the decision by USA and Canada and Corporations to move all manufacturing overseas, which was mostly completed by the 1980's-90's. Clearly you are too young to understand.
Isn't that why Biden is building it here? When we didn't have those chips for cars and all kinds of things during covid..Maybe should make sure that's in motion be China wants Taiwan..
I am Dutch, and ASML is a Dutch company. The Netherlands is lightyears ahead in technology, infrastructure, social benefits,healthcare and environment. We don't buy American cars, there poorly build compaired to European cars. Made in the US is quality for America only, not by european standard.
A 200% tariff on all imports will make the cost of everything three times more expensive, including domestic products that rely on materials imported from around the world. Add to that the idea of rounding up 11 million immigrants, taking them out of the workforce and costing money to house and feed them while working to deport them. If you thought inflation was bad the past few years, wait until all these brilliant policies take effect...
@@Cerby1979 Temporary hardship… and it’s not even definite. But long term would permanently lower prices across the board and make us not reliant on a country that hates us
@@davidwong5197 Intel was losing money, so the investors wanted them to trim expenses. the grant is still going towards building the factories, and if there's still an economy in 2025 they will need those employees to run the factories.
@@mementomori7825 The reason of the layoff is their business is down. So now they have excess capacity. If Intel can't seel the chips they are making, whom are the new factory selling to? Without customers why do they need more employees?
Trump: "We can do things that nobody else can do. China doesn't have what we have. Nobody has what we have." Trump is absolutely correct... The United States can wage endless wars around the world causing massive death and destruction. The United States can impose endless sanctions on dozens of countries. The United States can overthrow foreign governments and cause regime change. The United States has all kinds of domestic crises like nobody else has: homelessness, gun violence, poor health care, poor education, crumbling infrastructure, opioid addiction, mass incarceration, etc. The United States should be proud.
Well put. Your irony and honesty clarifies the stupidity of those who believe Trump is a 'solution' to anything. The negatives you highlight above will become a longer list as this dysfunctional 'administration' bluffs its way through trying to impose their deluded fantasies on the populace, and create a worldwide disaster. Sad days, when none of this needed to happen.
@@ExitGamesLabs No longer I'm afraid. You have handed control to unelected multi-billionaires, and we may all lose the right to vote. Don't pretend you haven't been told...
So basically our mistake when picking this fight was that we assumed they would just lay down and take it. And all the average American is getting out of it is shittier, more expensive cars
Look at American history. It's pale ruling class are used to getting everything their way. It's just destiny honestly. China was destined to rise, not burdened by skin politics. They can promote internally based on merit. Not parents.
Has US citizens asked TWO critical questions for high tariff increases? 1. High tariff, high inflation, high consumer price. Why should average American consumers bear the brunt of inflation and high price of goods from high tariffs? 2. Where and what does our government allocate these revenues from high tariffs? Did they use on building American new infrastructures? Did they use on helping Americans get better affordable healthcare? Did they use on helping Americans get better and affordable higher educations? Did they use on building more affordable housing for lower income Americans? OR the government use these revenues on MORE WARS sending money without any delay to Ukraine and Israel…? OR make the rich richer, the poor poorer? Americans, ask your government officials these critical questions.
@@ShovelShovel Thinking and being critical is DOING A LOT MORE than your lazy sleepy brain. What are you? Afraid of American people start using their brains and find out the truth?
@@ShovelShovel Thinking and being critical, using brain cells is DOING A LOT MORE WORK than lazy sleepy brains. What are you? Afraid of American people start using their brains and find out the truth?
Chinese advancement in hi-tech is based on a whole of a nation effort to get more advanced in Science and Technology. To compete with this other countries have to do the same. That is the only way. Putting road blocks on the Chinese road to development will cause little to stop their development. Rather it might reinvigorate their innovation potential.
China also performs best in standardized tests like PISA, China does not have religious fundamentalism that alienates its children from scientific knowledge, it does not have a disorderly population who thinks having a semi-automatic firearm is a right and still has the largest workforce in the world.
Last time I was in the US, the college student there didnt know about a city called Toronto which is location in Canada. I doubt they are in the position to compete. The only thing they know is to throw up road blocks at this point
It’s called knee-capping - Tonya Harding style! It's all about stifling the development of China and ensuring US global control. Everything else is just a smokescreen.
@@AlanSouzGoms They've also committed more technology and information theft in the last 50 years than the rest of the world combined throughout history. That helped them out a little.
One reason all the countries are tolerating dollar is only with the hope that they can trade with US at a margin. US reducing trade deficit and taking away that margin will accelerate dedollarization. Catch 22 situation
MACMA .... Make America cost more again !!! Clap, clap clap ...yay..... Tariffs are going to make everything go up.... I thought you guys wanted lower prices,not higher?????
@@jameswheeler-69 why do people think that prices going up is the only result of tariffs? Tariffs are to keep the world in check, and keep countries from unfairly competing with us business. You don’t want tariffs but have NO problem sending millions overseas to support wars?
Trading war started by the U.S. is at least morally wrong. When an ice skater finds another approaching competitor, he or she should work harder to keep his or her leading position, NOT try to break the competitor’s knees.
Tesla who has the EV market share makes their own batteries within their own factories, called gigafactories around the world, not buying from China. In fact there is one in China. The 4680 cell is used in Tesla. Also top manufacture of the older 18650 is Korean/Samsung not China. Learn a bit more about supply chains before sounding like a idiot that thinks everything rolls out of China.
More than half of EVs of Tesla are made in China. So Tesla is not only an amerian coporation,but also a Chinese corporation. How could China sanction its own company? on the contrary, Elon will be a bridge between Xi and Trump.
Most Americans don't understand the fact that adding tariff on Chinese goods is equivalent to adding tax to the middle class and the poor people in the US.
The democrats said that for their whole campaign. If you are going to believe a convicted felon who lies every time his lips move then what can you do. Thats democracy.
That don't matter, it's very simple economics. The US imports more from China than vice versa. So if you impose tariffs on those goods, they will naturally become more expensive for the importer(US). It's mindboggling, that you somehow think this is "biased" in any way.
Monty, you know that just because you don’t agree with something, does not make it biased? There are organizations that rate bias and track it with specific methodology that does not include your feelings. Especially when what is described is taught in grad level economics 101.
The "unintended side effect" of blocking Chinese access to certain technology is actually the "obvious consequence". The Chinese have already shown the world how resourceful they are. Firstly they can find techniques of getting advanced results from slightly less advanced technology. Then they'll catch up quickly. And while they're doing that they're also researching new ways of achieving results through photonic technology.
@@nogunnofear6703 hard to compete with costs when one business has unions breathing down your back along with government regulations from every government agency. while the other operates sweatshops and child labor…
@@OttoBismarck-ue2ty you can have global trade… we don’t care too much about Europe anyways. We ran from you and separated in 1776 for a reason. Keep your ideas to yourself there. We believe in principles, not circle jerks. Your best scientists flocked here in the 1930s because you couldn’t figure out socialism just breeds totalitarianism. We invented the worst weapon known to mankind and showed you what happens when you mess with us.
I can never understand the disregard for the global distribution and reutilization of human resources. As customers, we benefit from China and other countries that provide affordable, high-quality goods. On the other hand, people in those countries also benefit, as millions have been lifted out of poverty. What’s the benefit of making clothes, kitchen appliances, and toys in America when we end up paying higher prices for them? Instead, we should focus on developing advanced technology in the U.S. Politicians often use patriotism as a disguise for their own agendas. Indeed, these narrow-minded politicians are hindering the progress of humankind.
It appears the United States failed Economics 101. Tariffs make the economy as a whole less efficient. We are short on workers to deliver important services - from healthcare to the construction of homes in short supply. The last thing we need is to redeploy those workers onto assembly lines to make stuff more expensive! Sure, protect critical industries like micro chips and rare earths. However, it makes no sense to have expensive American workers making sneakers and kids toys. Still not convinced? Well, see how isolationism is working out for the UK....
The plan is what Argentina is doing. + tariffs. + deportation and jailing of political opponents, if the AG guy is to be believed. And maybe unaliving of the "left" (anyone who doesn't agree with us), by the same AG. the US is hosed.
Depending on what actually happens next year. and how many rabid MAGA gophers are in congress. There might be no economic and social recovery of the USA. They did basically offer oligarchy, and the voters voted for it.
And the Chinese bot farms aren’t convincing us of anything, we are going to swing back our economy and China should be worried, they are working overtime to sway opinion on here
ya got that right!!! it makes it an "AUTOCRACY" HAT MEANS A SYSTEM OF GOVERNMENT CONTROLLED BY ONE PERSON WITH ABSOLUTE POWER!!! WELCOME TO THE US OF A!!!!!
@@D4vidko Only China has the raw materials to make batteries. We all need China for the batteries. Elon Musk does the same. Those batteries go into a Mercedes or Tesla. That's not gonna be put on the tariff list by Trump or the EU. Certainly not with Elon Musk on Trump his side. 23% of Musk his whole Tesla business is selling Tesla's in China and is totally dependent on China's batteries. China would be smart to open diplomacy more with the EU now. Europe is not gonna be happy about the US and ASML in the Netherlands has the chip technology China needs. China would have turn on Russia of course.
@@Joey-ct8bm Not true, China's edge is not about raw materials but capacity to process the raw materials. China is not the top Lithium producer. It has however built a large industry refining and processing it as well as building battery cells out of it. Lithium is being discovered worldwide now. Look at Chile.
The one thing that wasn’t mentioned that I people forgot about is that after Trump started the tariff war with China, China stopped buying soybeans and corn from America. This caused the Government to bail out farmers in 2019 for 19 billion dollars. America is probably gonna see a lot more of bail outs due to horrible policies.
"just grow a different crop" That's an actual suggestion I read from a Trump supporter in his defense. As if it's so easy to just uproot your entire field, switch fertilizers, get new equipment, etc.
My 15 year old granddaughter understands what a tariff is. Trump if you’re reading this why don’t you ask my granddaughter she’ll state it to you in the simplest easiest way.
@ How did you like your tax cut when Trump was president? Oh I forgot… he only gave that to his millionaire and billionaire friends! 😆😆😆 just wait and see what Trump does with your health care! 😳
Yeah, it’s not complicated, everyone on here is seriously underestimating American economic power when steered correctly, which I think Trump will do without the Covid nonsense
@@johnc3525 yeah, nobody cares about your quips dude they aren’t even remotely intelligent. Everybody can pretend it’s all going to get bad but that isn’t the truth. US economy will be just fine. Enjoy your move to China
Just came back from China, it's insane how much far ahead they are at EVs and alternative energy. Whenever i took a Didi (uber) and they gave me a European cars, the european cars feel cheap and backward.
the US should significantly reduce the number of military bases overseas and use that savings to join the Belt & Road program to improve its aging air, sea & rail infrastructure; and in the process create jobs for US citizens.
We would if the host nation asks us to leave. After seeing what happened to Iraq (ISIS), Afghanistan (Taliban), and the Philippines (China) they're a lot more hesitant to actually make the Yankees go home.
@@doujinflip for example host nation Iraq HAVE asked US to leave and they refused. US is there for themselves don t kid yourself. 100% own interest, they don t give a f... about any other nation (except Israel but they bribe the politicians)
Tell that to the farmers who lost their farms because of Chinese counter tariffs before trump had to start bailing out farms. yeah brilliant. You think that might have effected the price of groceries?
North America was prospering just find until the Corporations and Government colluded to move all manufacturing and research to low cost labour countries. Most Capitalists are very short sighted and only care about short term gains and not the effect it has on future generations.
@ … if the idea is to only benefit the US, then Trump MUST impose tariffs on Tesla and Apple if they do not bring their manufacturing to the US. He’s threatened John Deere. Dare he?
It’s not about trying to slow down your opponent. Its all about focusing on growth of your own country. They need to stop trying drowning China and focus on developing more competitive export goods. The problem is american goods are not competitive to chinas
About 10 years ago I worked for an Ivy league university and the Ph.D. science programs consisted of about 70% Asian students from China, India. Many of them didn't stay in the US but went home and built up their country economies. Or they worked for the US tech companies, learned and honed their skills and then went back to Asia with the knowledge. I know there's an Illinois university that must have 1/2 its students from China, and I'm sure it's the same with the other IVY schools. If not the US universities, the Asians will go to Canadian and English universities. These universities depend on foreign students.
It is like energy spreading / leaking through conduction, convection and radiation. You can not stop the rest of the world from catching up with technology through education. The key to developed nations maintaining the lead will be to remain leaders in research and development. That will get the developed countries a few more centuries.
Literally part of American history. The British placed tariffs on tea, making it more expensive in the colonies. Led to a famous party you may have heard of.
Their progress is solely due to US capital and no other reason. Though they cleverly stole tech to prop up themselves without American investment in the future, China is not a dynamic economy and does not naturally innovate. Btw I’m not American I’m from a BRICS country and we don’t have high hopes for the Chinese economy
Nope, just make trade deals with other countries, plenty of lithium in US and metals manufacturing, could just outsource to South Pacific, India, South America, etc. already have ports and infrastructure to do it, US leadership was just afraid to take on the fight for years but I think Trump will do it, it’s not just him either, he has some solid economic minds going into his cabinet. We will see
@@jeffreyyoung6714 source ? Proof ? Also india imports from China . South America has chinese companies South pacific don't export chinese level manufacturing U didn't provide proof as usual
Basically .. Trying to stop a country from prospering and developing. Rebecca being bases in Hong Kong, enjoying the benefits of that development whilst trying to bash that very country at the same time... despicable
In the most recent Administrations, tariffs, chip export restrictions and other protectionist measures have no doubt hindered China’s technology growth. On the other hand, it has driven US adversaries such as Russia, Iran and even to a lesser extent N Korea closer to China. These countries are now sharing their technologies, nuclear, space and even military advancements. In addition, it has heightened China’s urgency to be technologically self sufficient. There are signs that protectionist measures might have backfired.
Tariff is not solution it will ultimately lead to inflation in usa and can cause retaliationary Tariff by china, and also prompt other countries to collaborate against usa as i 🤔
Not particularly limited to China but something that Trump said that made me laugh was about the world isn't buying American cars. Tesla ain't doing too bad globally, gm (opal / vauxhall) aren't exactly a decent brand, ford are really cutting back on their portfolio and most other american brands have limited availability outside of the US. Tech - aside from the overpriced Apple, what else is there now that doesn't have better options from other countries? Food - maybe if their standards were better, they might do better trade.
One day you will realize that Chinese export to US is the cornerstone of your way of life. If everything you use is made in USA, your quality of life will drop significantly. Enjoy your next four years.
not sound insensitive, but when you look at all these American tech companies and the amount of Asians that work there but somehow think they cannot make their own chips is deeply problematic and lacks self awareness.
Chinese businesses excel in fast alignment and action, an edge that's crucial for driving new tech and tackling complex challenges, while US companies often get slowed by political reasons and complacency.
Tariff are so we can bring jobs back to America to grow America instead buying from another country and growing their gdp while Americans are job less.
(Please take this in a respectful tone! No sarcasm from me): I thought so too at first, but then I thought, what if the other country retaliates and imposes tariffs on the US products they buy? If I remember correctly US soy bean farmers suffered last time.
😂😂😂 and he want to do it all that process whit out the cheap labor of emigrants... Because china it is in that high position also because all the cheap labour helps up the mass production... That is not a process that any precidency can develop in 4 years, or he planning to make his childrens continuing in power in the white house
we thought that by exporting capitalism the east would become like the west. instead, the west is now becoming like the east. 5:07 - history may show that being able to direct the economy through policy works better for a society than an open market directed only by profits
They’re going to tank public education in America. More unwanted, poor children going to underfunded schools to learn nothing of value while dirt poor red states collect even more federal aid so they can party with Brett Favre.
How will "built in America" work if the brightest young people are flocking to law and finance instead of engineering and technology? Just visit any postgraduate engineering program-it's rare to see American students there.
“The government you elect is the government you deserve.”
― Thomas Jefferson
""Ask Not What Your Country Can Do For You""
-JFK
Stop waiting for other people to change. Take action for your own life. Fix things. Strangers aren't going to care for us.
@@hackmedia7755 I am afraid you're right. The US has lost whatever respect it still had internationally over this election.
Then whats the point of democracy if you shame others for standing up for what they believe in? So "Liberal" Of you.
TRUMP 2024 WOOOO
STAY MAD LEFTY
@@patkennedy1 no one takes us seriously with the current administration. We have wars popping up everywhere. We pulled out of Afghanistan terribly, gave millions of dollars of gear to terrorists, and putin and zalinski have been going at it for years now. This needs to stop, or at the very least, we are taken seriously and don’t act like wet spaghetti noodles.
So it was never about "national security" it's insecurity..
For example, using Chinese routers, tablets and cell phones in America? Sure, it's a risk. Banning the sales of tech into China, like GPUs, Licenses of engineering software, and not allowing them to use TSMC? How is that a national security risk? They bullied ZTE, Huawei, and pressured companies like Nvidia, ASML, and TSMC.
Sure, trade secrets, spy agents, are serious issues both are dealing with. But those moves were more to destroy their competition and maintain technological superiority.
it has always been, in the psyche of the western civilisation, since the middle ages. it was islam, protestanism, moral panics of the victorian era, then the racial anxieties of fascist germany and italy, then fear of communism, etc etc. they've always been an insecure bunch
Why was my comment deleted YT? All I mentioned was ZTE and Huawei 🤨.
Really looks like it!
I this comment @yensteel I guess the blacklisted keyword must have been another one
I am an engineer and working for a high tech aviation technology company in America since 1991. Most of my co-workers are Asian. They are highly educated professionals. We have to buy a lot of equipment from China because America doesn't have the equipment we need. When someone buys an American flag, it is made in China.
At least American wimmin still made in USA, hope many are higher quality
America needs to work together, but Marxism has been able to infiltrate and divide... CRT, DEI in both the workplace and schools. It has fostered a victim mentality. Hopefully, this will abate when U.S. policies focus on peace and prosperity, while getting control over unelected bureaucrats who act as if they are the 4th branch of government. As Trump said, success has a way of uniting people... we'll get education refocused on academics and meritocracy, and off of teaching oppressor-oppressed Marxist concepts that simply create suspicion and hate.
And that needs to change.
You the problem here
Even Trump hats and his Bible are from China. Obama also pointed it out in a rally. Trump, definitely, is a patriot. 😂
These guys don't feel ashamed to say "we are containing china to develop"
Yeah, what about it? The aim is to develop your own country no matter what...
@@Game_Reaper bro if you talk about it like a true saint
I'm not going to that part
@@aviaaviation5004sadly, nations are essentially amoral
@@Game_Reaper
What is up with the little beta dots at the end? Was that you realising how completely evil you sounded?
@@aviaaviation5004 No, competition between countries in geopolitics is NEVER fair. Everytime your economy grows, someone else's tumbles and vice versa... Survival of the fittest is the rule of economics too.
Think about it, two people running a race and all one of them thinks about is so slowing down his opponent, that's what America is doing, and many Americans aren't even ashamed of it!
Not ashamed, YET!
They are only allowed to produce cheap products.. low profit😢
America voted for the fool who told them tariffs would make everything cheaper.
You foolish foolish people.
🤣😂🤣😂🤣😂🤣😂🙄🤡🤡🤡
🤣🤣
@@rabbott-ee4yu tariffs do make everything cheaper while bringing in billions of dollars to the United States you make comments with Emojis so no one takes you seriously
@@turkwendell6904 "tariffs do make everything cheaper" LOL you have absolutely no idea what you're talking about. Do you even know who pays the tariffs??? Tariffs are paid by American businesses when they pick up the goods from customs. In order to make the same profit on an item that is now more expensive due to tariffs, they pass that cost onto the end consumer by raising prices. Tariffs will undoubtedly make EVERYTHING MORE EXPENSIVE for Americans. The money the government is going to collect from tariffs is from American customers, NOT FROM CHINA!
@@turkwendell6904but US Trade deficit with china will increase which is a major problem of US economy
Because of China did slapped during Trump's first' term
No, he didn't say that, you are making it up. He said tariffs would fill the coffers of the state, which USA badly needs. Of course, as long as they are NOT prohibitive. Sure, it's a tax on imports, the smart kind of tax.
Tarriff is gonna destroy US Middle Class
It already did
If he persists with these flawed and deluded measures, it will destroy far more than the middle class. If there are no 'guardrails' to keep him in check this has the potential to hasten the downfall of the entire US economy, and the fragile balances of world trade.
Spot on!
Amerasian consumers are the biggest losers!
It’s amazing most his supporters are sold to his lies and ignorance.
It's already destroyed, with special thx to Obama..
@@albertosanz8446 Let's not forget that the ONLY positives from Trump's first term - lower prices - were entirely due to Obama's reforms. They were IN SPITE of Trump and his childish tariffs, not because of him! But of course you just want to believe Trump's fairy stories, that the lower prices were down to him. And the 'no wars'. Remember what you said here over the next four years, when prices will skyrocket, and serious wars break out. You and so many others have made a serious error, which ALL will suffer for.
Im rooting for China on this one. I hope this will teach Americans a hard lesson
@@MikeHunt-yl1so you support child labor and zero labor rights?
@@dawsonpurkett6246 Problem with trying to improve lives is it costs money, and Republicans hate spending money
@@dawsonpurkett6246 No, but under Trump, it's coming, and worse besides.
@@dawsonpurkett6246 thats the usa you are talking about
@@coltonallgire1135but they love giving it to the top 1% to trickle down to us plebs!!! 😔
At this point in time I'd rather work with China than the USA and I'm Canadian. During Trump's last term he increased the tariffs on washers and driers so that the cost of foreign imported products would cost more money and US washer and driers would cost less. Only problem was the greed of American manufacturers who increased the price of their products to match those being imported. The only people who lost were American consumers, which is exactly what will happen with more Trump tariffs.
Makes sense! This would therefore cause inflation.
Have you ever worked in China? Lately? It not the same now.
@@SystemAdministrator-j3f Yes. The current inflation was all caused by Trump's trade war with China, but Bidden / Harris suffered the consequence of it.
the kicker is that dryers themselves weren't subject to the tariffs. Companies on both sides raised dryer prices just because they knew they could!
A thing people don't seems to talk about is how this will squeeze America's allies. America's allies loses a customer and America is not making up the difference.
Super important point. The world has never been more wealthy as it has been under the current WTO regime. Moving away from it will reduce everyone's wealth while raising global tensions. A terrible trajectory to go on.
True! EU tried imposing tariffs on Chinese automakers, and EU automakers were the first ones to oppose the move because it would deny them access to the world's largest car market. Imposing tariffs on Chinese goods and automakers only works against American companies, which would be locked out of the Chinese market.
Exactly! Trump doesn’t care about having allies and I don’t think he knows the benefits. Countries are already using gold instead of dollars for their reserves so pushing away more allies isn’t great for the dollar
This is going to bite the US in the back. If they also impose tariffs on the EU and keep badmouthing them re. NATO, etc., they will likely not comply when it comes to containing China. In other words, the US can't have its cake and eat it too.
@corvusglaive5769 you are fake news
Eu has tariffs upto 35%. The Chinese need these markets to sell their card and make euros.
Unlike Japan, China didn't sign the Plaza Accords and does not need and have the U.S. as a protective defensive umbrella.
I love when anyone brings up the Plaza Accords - a moment when the West bullied Japan for its excellence and trajectory to being the #1 economy on Earth. Maybe one day this century Japan will leave the Plaza Accords - America leaves and returns from treaties and international agreements every four years.
@@allenmaa7064 But I don't think the Japanese realise this and think USA is still a great ally.
To replace the things we need from China will take over a decade of ramping up production capacity, to the tune of trillions in investment, before we can even TRY to replace those goods domestically. We will suffer for years because of this choice.
yup. but people don't care about facts, it's all feelings, memes and vibes.
No, we have already suffered for Decades in North America after the decision by USA and Canada and Corporations to move all manufacturing overseas, which was mostly completed by the 1980's-90's.
Clearly you are too young to understand.
He hasn’t even took office yet and it doesn’t take a decade to make fridge or a shoe 😂
Now, production sites are shifting to Vietnam, Indonesia, Malaysia, and India. Many factories are closing in China.
Not only this, but the US would need to cheapen its labour to make it affordable for regular Americans
8 or 10 years behind the US? You forget that advanced chips may be DESIGNED in the US, but they are MADE by in Taiwan. Facts matter…
Isn't that why Biden is building it here? When we didn't have those chips for cars and all kinds of things during covid..Maybe should make sure that's in motion be China wants Taiwan..
I am Dutch, and ASML is a Dutch company.
The Netherlands is lightyears ahead in technology, infrastructure, social benefits,healthcare and environment.
We don't buy American cars, there poorly build compaired to European cars.
Made in the US is quality for America only, not by european standard.
A 200% tariff on all imports will make the cost of everything three times more expensive, including domestic products that rely on materials imported from around the world. Add to that the idea of rounding up 11 million immigrants, taking them out of the workforce and costing money to house and feed them while working to deport them. If you thought inflation was bad the past few years, wait until all these brilliant policies take effect...
Well Elon Musk did say that Americans need to be prepared for economic hardships.
We created a horrible situation where we rely heavily on China. In order to reduce that dependency, there will be pains.
@@Cerby1979 Temporary hardship… and it’s not even definite. But long term would permanently lower prices across the board and make us not reliant on a country that hates us
@@Jwjhdbhejhd Sure, but, how long can the American public endure it until it becomes fruitful?
@@Jwjhdbhejhdyou are wrong I think your people hate each others, democratic hate republicans 😢
Donald Trump who has bankrupted multiple casinos and businesses thinks he can fix the American economy. 🤣
🤣🤣🤣
I'm so eager to see what America has that nobody else does not. Stupidity is already widespread and overrated so it's not that.
Stupidity is you enacted CHIP acts and gave Intel 8.5B to hire 10K more people. Instead threy laid off 26K.
@@davidwong5197 Intel was losing money, so the investors wanted them to trim expenses.
the grant is still going towards building the factories, and if there's still an economy in 2025 they will need those employees to run the factories.
@@mementomori7825 The reason of the layoff is their business is down. So now they have excess capacity. If Intel can't seel the chips they are making, whom are the new factory selling to? Without customers why do they need more employees?
More oil
Ignorance
Let's bring on the tariffs. Let's see how it goes! My bet is the higher the tariffs, the more the US loses. :)
Trump: "We can do things that nobody else can do. China doesn't have what we have. Nobody has what we have."
Trump is absolutely correct...
The United States can wage endless wars around the world causing massive death and destruction.
The United States can impose endless sanctions on dozens of countries.
The United States can overthrow foreign governments and cause regime change.
The United States has all kinds of domestic crises like nobody else has: homelessness, gun violence, poor health care, poor education, crumbling infrastructure, opioid addiction, mass incarceration, etc.
The United States should be proud.
Well put. Your irony and honesty clarifies the stupidity of those who believe Trump is a 'solution' to anything. The negatives you highlight above will become a longer list as this dysfunctional 'administration' bluffs its way through trying to impose their deluded fantasies on the populace, and create a worldwide disaster. Sad days, when none of this needed to happen.
USA is the best county in the world
@@ExitGamesLabs No longer I'm afraid. You have handed control to unelected multi-billionaires, and we may all lose the right to vote. Don't pretend you haven't been told...
💀
@@ExitGamesLabs Add violent and dictatorship to the list.
When did China last start a war?
And we forget China took 20m casualties in WWII.
actually 35m... 20m are directly died in frontline, others died in starvation and illness.
@@terrymcmaster2787 the Chinese people are fine, it’s their totalitarian government that we aren’t fond of. Anyone remember tienamen square protests?
@@galahadray 鸦片战争之前，中国清朝的GDP占全世界的三分之一。从鸦片战争开始，中国一直饱受侵略战争之苦。那么问题来了，那些死于饥饿和疾病的人，是谁造成的呢？
So basically our mistake when picking this fight was that we assumed they would just lay down and take it. And all the average American is getting out of it is shittier, more expensive cars
But.. but he's going to make China pay! /s
The biggest mistake is USA thinks China is mexico.
Said no one when purchasing cars from the other advanced democracies. Tell me you never owned a car without telling me. What is Korea, Japan, Germany.
普通人关我资本什么事😢
Look at American history. It's pale ruling class are used to getting everything their way. It's just destiny honestly. China was destined to rise, not burdened by skin politics. They can promote internally based on merit. Not parents.
Has US citizens asked TWO critical questions for high tariff increases?
1. High tariff, high inflation, high consumer price. Why should average American consumers bear the brunt of inflation and high price of goods from high tariffs?
2. Where and what does our government allocate these revenues from high tariffs? Did they use on building American new infrastructures? Did they use on helping Americans get better affordable healthcare? Did they use on helping Americans get better and affordable higher educations? Did they use on building more affordable housing for lower income Americans?
OR the government use these revenues on MORE WARS sending money without any delay to Ukraine and Israel…?
OR make the rich richer, the poor poorer?
Americans, ask your government officials these critical questions.
complain about the situation, do nothing. wow you're a genius.
@@ShovelShovel
Thinking and being critical is DOING A LOT MORE than your lazy sleepy brain.
What are you? Afraid of American people start using their brains and find out the truth?
@@ShovelShovel
Thinking and being critical, using brain cells is DOING A LOT MORE WORK than lazy sleepy brains.
What are you? Afraid of American people start using their brains and find out the truth?
@@ShovelShovelHe is telling you so are you prepared to complain about your investments.😂😂😂😂😂😂😂
Ukraine is getting mostly our old military stuff not so much actually money. It's our trash.
Chinese advancement in hi-tech is based on a whole of a nation effort to get more advanced in Science and Technology. To compete with this other countries have to do the same. That is the only way.
Putting road blocks on the Chinese road to development will cause little to stop their development. Rather it might reinvigorate their innovation potential.
China also performs best in standardized tests like PISA, China does not have religious fundamentalism that alienates its children from scientific knowledge, it does not have a disorderly population who thinks having a semi-automatic firearm is a right and still has the largest workforce in the world.
Last time I was in the US, the college student there didnt know about a city called Toronto which is location in Canada. I doubt they are in the position to compete. The only thing they know is to throw up road blocks at this point
It’s called knee-capping - Tonya Harding style!
It's all about stifling the development of China and ensuring US global control. Everything else is just a smokescreen.
They have been stealing foreign technologies
@@AlanSouzGoms They've also committed more technology and information theft in the last 50 years than the rest of the world combined throughout history. That helped them out a little.
One reason all the countries are tolerating dollar is only with the hope that they can trade with US at a margin. US reducing trade deficit and taking away that margin will accelerate dedollarization. Catch 22 situation
Exactly. That's why I keep telling people what do you think the end goal of this is?
@@pimpnamedslickback7780 The long term end goal is trade conducted in Bitcoin
@@pimpnamedslickback7780 War. Where's the cookie?
Romans 10:9 - 10! Ephesians 2:8 - 10!
@@pimpnamedslickback7780maybe trump wants to tank the US dollar so BRICS become the new super power? He has loyalty to no one except money.
MACMA .... Make America cost more again !!! Clap, clap clap ...yay..... Tariffs are going to make everything go up.... I thought you guys wanted lower prices,not higher?????
@@jameswheeler-69 why do people think that prices going up is the only result of tariffs? Tariffs are to keep the world in check, and keep countries from unfairly competing with us business. You don’t want tariffs but have NO problem sending millions overseas to support wars?
yahoo go yanks go!!! as long as DT doesn't foot the bill he can run amuk!!! lol
TRUMP 2024 WOOOO
STAY MAD LEFTY
@@rofl42069 Cool. Prepare for more inflation.
@jasonallman696 Nah dog you get ready for it. I'm a millionaire that benefits from trumps administration. As you guys say he only benefits the rich.
Trading war started by the U.S. is at least morally wrong. When an ice skater finds another approaching competitor, he or she should work harder to keep his or her leading position, NOT try to break the competitor’s knees.
... while the whole time they were throwing sand at our skates and saying it came from outside.
China taxes and blocks foreign stuff all the time, what are you on about
Instead of tarrifs, let them build their factories in America by American workers instead of Mexico
@@doujinflip He is refering to Tanya Harding. She hired someone to break her competion knee
@mateusnicolinibezerra9757 source??? Proof ???
I'd love to see a Chinese ban on selling car batteries to Tesla. Now what, Trump?
Tesla who has the EV market share makes their own batteries within their own factories, called gigafactories around the world, not buying from China. In fact there is one in China. The 4680 cell is used in Tesla. Also top manufacture of the older 18650 is Korean/Samsung not China. Learn a bit more about supply chains before sounding like a idiot that thinks everything rolls out of China.
@@RStickMan22tesla gets its battery from BYD.
China controls 90% of rare minerals and supply chain
Many Tesla are made in China. China love Tesla, cuz it provide job and tax revenue for China.
@@RStickMan22 Tesla without China is dead
More than half of EVs of Tesla are made in China. So Tesla is not only an amerian coporation,but also a Chinese corporation. How could China sanction its own company? on the contrary, Elon will be a bridge between Xi and Trump.
Most Americans don't understand the fact that adding tariff on Chinese goods is equivalent to adding tax to the middle class and the poor people in the US.
Be prepared to pay 25-50% more every time you shop.
The answer is buy US made only to help booster our economy.
Yeah that's right keep repeating that Democrat lie.
The democrats said that for their whole campaign. If you are going to believe a convicted felon who lies every time his lips move then what can you do. Thats democracy.
@@osets2117 it's not about democrat or republican....it's economics 101.
Trump’s ultimate goal is definitely not to help the American consumers
At the moment, I’m not too sure Bloomberg is the most unbiased and/or trustable source on this topic.
That don't matter, it's very simple economics.
The US imports more from China than vice versa.
So if you impose tariffs on those goods, they will naturally become more expensive for the importer(US).
It's mindboggling, that you somehow think this is "biased" in any way.
Monty, you know that just because you don’t agree with something, does not make it biased? There are organizations that rate bias and track it with specific methodology that does not include your feelings. Especially when what is described is taught in grad level economics 101.
@@tallspicy well, if the expert high priests say so, it must be so
Take the word of an orange. You’ll find out. They’re in their position because of education.
But fox news is?
US did the same thing to Japan in the 80's on vehicles. Japan is still ahead on vehicle quality and efficiency.
The "unintended side effect" of blocking Chinese access to certain technology is actually the "obvious consequence". The Chinese have already shown the world how resourceful they are. Firstly they can find techniques of getting advanced results from slightly less advanced technology. Then they'll catch up quickly. And while they're doing that they're also researching new ways of achieving results through photonic technology.
China was definitely resourceful at stealing the U.S.'s intellectual property for 20 years. You're right about that.
Industrial espionage too.
yes Chinese will copy and counterfeit.
@@ShovelShovel Yes it's terrible how they even copy and counterfeit things nobody else is doing yet.
@@MB-xe8bb I think the US is the best in this field!
Instead of racking your brain over containing China, put some effort into trying to bring your own astronauts home first.😅
😂❤❤
best comment by now
An immature, vengeful President of a dying, collapsing, hegemonic oligarchy.... pathetic.
SO SAD BUT TRUE
TRUMP 2024 WOOOO
STAY MAD LEFTY
He manufactures his sad cheap products in China; for example, his bible. Such a hypocrite.
YEP AND HE MADE A LOT!!!! ON IT
You only need tariffs if you can't compete. I thought we were all about competition and innovation. What's up with that?
I know and trump and his supporters think us Europeans are lacking innovation, we're not the ones giving up on global trade 😂
@@OttoBismarck-ue2ty You both are
Capitalism doomed
@@nogunnofear6703 hard to compete with costs when one business has unions breathing down your back along with government regulations from every government agency. while the other operates sweatshops and child labor…
@@OttoBismarck-ue2ty you can have global trade… we don’t care too much about Europe anyways. We ran from you and separated in 1776 for a reason. Keep your ideas to yourself there. We believe in principles, not circle jerks. Your best scientists flocked here in the 1930s because you couldn’t figure out socialism just breeds totalitarianism. We invented the worst weapon known to mankind and showed you what happens when you mess with us.
Can you imagine living your life worried that another country may overtake you so you want to destroy them instead of improving?
I can never understand the disregard for the global distribution and reutilization of human resources. As customers, we benefit from China and other countries that provide affordable, high-quality goods. On the other hand, people in those countries also benefit, as millions have been lifted out of poverty. What’s the benefit of making clothes, kitchen appliances, and toys in America when we end up paying higher prices for them? Instead, we should focus on developing advanced technology in the U.S. Politicians often use patriotism as a disguise for their own agendas. Indeed, these narrow-minded politicians are hindering the progress of humankind.
It appears the United States failed Economics 101. Tariffs make the economy as a whole less efficient. We are short on workers to deliver important services - from healthcare to the construction of homes in short supply. The last thing we need is to redeploy those workers onto assembly lines to make stuff more expensive! Sure, protect critical industries like micro chips and rare earths. However, it makes no sense to have expensive American workers making sneakers and kids toys. Still not convinced? Well, see how isolationism is working out for the UK....
Keep in mind our once and future president got his business degree by having his sister do his homework.
@@grouchomarcusyep
Keep in mind people of trumps ilk still think it's the 1950s and refuse to take off their rose colored glasses
The plan is what Argentina is doing. + tariffs. + deportation
and jailing of political opponents, if the AG guy is to be believed. And maybe unaliving of the "left" (anyone who doesn't agree with us), by the same AG.
the US is hosed.
WE DONT WANT TO BE GLOBALIST MAYBE IF YOU ALIGN WITH THEM YOU SHOULD PERHAPS GO THERE TO LIVE SO YOU CAN " PROSPER" LOL 😂
that fraud cant even save his own business
Oh no, Trump bibles will be more expensive!
Along with iPhones 😂
America doesn’t make any phones so what’s your point? They do make bibles though lots of them and apparently he found Chinas to be the better choice.
He'll move production to India
@ makes sense. For a president whose whole shtick is “America First”, isn’t it odd that he himself doesn’t put America first?
Don't forget the Trumpy Trout
Well I believe Americans government actions, makes China even stronger and more independent.
One tries to develop. Another tries to pick fight 😂
US politics: supress others to preserve dominance
Asia: more competition , more innovation
The difference between Chinese government and US government is Chinese are tolerant and humble and always willing to learn.
Is that you, Pres. Xi?
@CarlGerhardt1 No , your dad ( Donald Trump)
Humble with child labor and communism. No freedom of speech and dictatorship 😢
China unlike the US doesn't sleep, they are ahead of the tariffs by circumventing them through Canada and Mexico.
The most beautiful word is DEBT. Keep printing those electronic numbers. It’s magical.😂
Threats, bluffs, lies and other tariffs are not a relevant policy for the economic and social recovery of the USA
Depending on what actually happens next year. and how many rabid MAGA gophers are in congress. There might be no economic and social recovery of the USA.
They did basically offer oligarchy, and the voters voted for it.
And the Chinese bot farms aren’t convincing us of anything, we are going to swing back our economy and China should be worried, they are working overtime to sway opinion on here
ya got that right!!! it makes it an "AUTOCRACY" HAT MEANS A SYSTEM OF GOVERNMENT CONTROLLED BY ONE PERSON WITH ABSOLUTE POWER!!! WELCOME TO THE US OF A!!!!!
Americans rich people are getting stronger while most Chinese are getting stronger due to the Trade war
As you sow, so you reap. The sin of USA is re-visiting upon them
All have sinned and fall short
So Slovakia which is in the EU made a deal with China about cooperation this week. In the long run Trump's tariffs are going to backfire.
The EU set a 38% tariff on Chinese cars, so they've a tariffs too. They are in the EU single market and the EU sets the tariffs.
What deal did Slovakia make with China?
@@Joey-ct8bm that's why China will build factories in EU... we made a deal to built a battery plant
@@D4vidko Only China has the raw materials to make batteries. We all need China for the batteries. Elon Musk does the same. Those batteries go into a Mercedes or Tesla.
That's not gonna be put on the tariff list by Trump or the EU. Certainly not with Elon Musk on Trump his side. 23% of Musk his whole Tesla business is selling Tesla's in China and is totally dependent on China's batteries.
China would be smart to open diplomacy more with the EU now. Europe is not gonna be happy about the US and ASML in the Netherlands has the chip technology China needs. China would have turn on Russia of course.
@@Joey-ct8bm Not true, China's edge is not about raw materials but capacity to process the raw materials. China is not the top Lithium producer. It has however built a large industry refining and processing it as well as building battery cells out of it. Lithium is being discovered worldwide now. Look at Chile.
The one thing that wasn’t mentioned that I people forgot about is that after Trump started the tariff war with China, China stopped buying soybeans and corn from America.
This caused the Government to bail out farmers in 2019 for 19 billion dollars.
America is probably gonna see a lot more of bail outs due to horrible policies.
"just grow a different crop"
That's an actual suggestion I read from a Trump supporter in his defense. As if it's so easy to just uproot your entire field, switch fertilizers, get new equipment, etc.
My 15 year old granddaughter understands what a tariff is. Trump if you’re reading this why don’t you ask my granddaughter she’ll state it to you in the simplest easiest way.
TRUMP 2024 WOOOO
STAY MAD LEFTY
@ How did you like your tax cut when Trump was president? Oh I forgot… he only gave that to his millionaire and billionaire friends! 😆😆😆 just wait and see what Trump does with your health care! 😳
@charlenemack7040 I'm a millionaire 😂😂😂😂😂😂
@@rofl42069 that’s not what your mama said! 🤭
@charlenemack7040 doesn't even make sense since she's not around 🤔🤔 nice try
Do Americans have any idea at all how tariffs work and its effect on inflation? Make America Expensive Again 😂🤣😂
Yeah, it’s not complicated, everyone on here is seriously underestimating American economic power when steered correctly, which I think Trump will do without the Covid nonsense
@@jeffreyyoung6714 yes, when it steered correctly.
@@jeffreyyoung6714 Except Trump doesn't even know how to ride a bicycle.
@@johnc3525 yeah, nobody cares about your quips dude they aren’t even remotely intelligent. Everybody can pretend it’s all going to get bad but that isn’t the truth. US economy will be just fine. Enjoy your move to China
@@johnc3525 but the puppet Kamala does huh haha
Trump has no idea of how this works! How embarrassing for the real Americans!🤦🏼♀️
Just came back from China, it's insane how much far ahead they are at EVs and alternative energy. Whenever i took a Didi (uber) and they gave me a European cars, the european cars feel cheap and backward.
the US should significantly reduce the number of military bases overseas and use that savings to join the Belt & Road program to improve its aging air, sea & rail infrastructure; and in the process create jobs for US citizens.
We would if the host nation asks us to leave. After seeing what happened to Iraq (ISIS), Afghanistan (Taliban), and the Philippines (China) they're a lot more hesitant to actually make the Yankees go home.
@@doujinflip for example host nation Iraq HAVE asked US to leave and they refused. US is there for themselves don t kid yourself. 100% own interest, they don t give a f... about any other nation (except Israel but they bribe the politicians)
Difficult, the military industry lobby just too powerful.
Hey now, thats logic. Americans dont like that.
This doesn't fit in the maga science principles. No maga would ever be capable to understand such sophisticated data.
They said the same thing the first time he put tariffs on China and the news was wrong 😂
Tot US lost the first trade war? It resulted in job losses for them. Turns out China had positive gdp growth despite the damaging tariffs
Tell that to the farmers who lost their farms because of Chinese counter tariffs before trump had to start bailing out farms. yeah brilliant. You think that might have effected the price of groceries?
We have heard his promises. Now we have the true position, No country can prosper without world trade.
North America was prospering just find until the Corporations and Government colluded to move all manufacturing and research to low cost labour countries.
Most Capitalists are very short sighted and only care about short term gains and not the effect it has on future generations.
Everyone has been telling Herr Trump the stupidity of his tariff strategy.
When you can’t compete … impose tariffs. Once upon a time US talked about open economic borders. 🤣😂
Hilary did and she lost.
@ … if the idea is to only benefit the US, then Trump MUST impose tariffs on Tesla and Apple if they do not bring their manufacturing to the US. He’s threatened John Deere. Dare he?
You voted for this 🤡🫵
I’d rather have tariffs that benefit the US over another 20% inflation across the board
@Jwjhdbhejhd cr Tariffs are one of the causes of inflation. Pumpkin.
@ So taxes cause inflation too?
@@Jwjhdbhejhd Please go study economics. You'll find all the answers for your silly questions. It will fill up your vaccuum brain to the brim.
It’s not about trying to slow down your opponent. Its all about focusing on growth of your own country. They need to stop trying drowning China and focus on developing more competitive export goods. The problem is american goods are not competitive to chinas
Trump looks nervous and afraid of Chinese dragon.🤫
That "dragon" eats it's own tail. 😂
@@drawingmomentum provide proof . Waiting
Tax land, not trade.
Why tax both ?
@@ZakiHaider-y9o
Trade tariffs get passed on to the consumers
Land tax would discourage huge land acquisitions in the US
America have no other people to be president????
The globe is not American...
Where are all the TrumPets cheering him on? 😂 They ignoring this video? 😂😂😂😂
About 10 years ago I worked for an Ivy league university and the Ph.D. science programs consisted of about 70% Asian students from China, India. Many of them didn't stay in the US but went home and built up their country economies. Or they worked for the US tech companies, learned and honed their skills and then went back to Asia with the knowledge. I know there's an Illinois university that must have 1/2 its students from China, and I'm sure it's the same with the other IVY schools.
If not the US universities, the Asians will go to Canadian and English universities. These universities depend on foreign students.
It is like energy spreading / leaking through conduction, convection and radiation. You can not stop the rest of the world from catching up with technology through education. The key to developed nations maintaining the lead will be to remain leaders in research and development. That will get the developed countries a few more centuries.
Yep! University of Illinois at Urbana-Champaign has a lot of Chinese students in its Engineering programs.
Why they are not Americans, because you do not study hard
nonbody has 35trillion debt， that’s for sure
36 now
Tariffs are a way for a government to tax their own people.
Literally part of American history. The British placed tariffs on tea, making it more expensive in the colonies. Led to a famous party you may have heard of.
China is wrongly accused but their progress talks
Their progress is solely due to US capital and no other reason. Though they cleverly stole tech to prop up themselves without American investment in the future, China is not a dynamic economy and does not naturally innovate. Btw I’m not American I’m from a BRICS country and we don’t have high hopes for the Chinese economy
Viva China 🇨🇳❤🇲🇽
The first round of Trump's isolationism ceded a lot of global market to China. Expect to get weaker, poorer and less influential under Trump.
Bingo.
中國在戈壁沙漠推動大規模的可再生能源項目，如太陽能、風能和沙電池，這種可持續能源發展策略不僅能提供長期穩定性和能源安全，還能帶來經濟效益。這些投資與短期的股市刺激不同，不僅降低了對石油進口的依賴並減少碳排放，還支持環境保護並產生顯著的經濟回報。以下是這一策略的關鍵原因：
1. 能源安全：減少對石油進口的依賴
中國是世界上最大的石油進口國，每年在石油進口上花費約1.5萬億美元。這種對國際能源市場的依賴，使中國面臨價格波動和地緣政治風險。僅在2022年，中國在石油進口上的支出達到了約1.5萬億美元，對國家財政造成巨大壓力。在衝突或海上封鎖時，重要的石油供應可能被中斷，威脅國家穩定。通過轉向戈壁沙漠的國內可再生能源，尤其是太陽能和風能，中國可以顯著減少這種依賴並確保穩定的能源供應。
此外，沙電池技術利用加熱沙子來儲存多餘的能量，進一步增強了能源安全。美國國家可再生能源實驗室（NREL）的研究人員正在研究這一新的熱能儲存技術，該技術以廉價的二氧化矽沙作為介質。該項目（ENDURING）將來自風能或太陽能的多餘電力用來加熱二氧化矽沙，然後將這些加熱的沙子儲存在隔熱筒中，在需要時用於發電。單個沙電池可以儲存高達26,000兆瓦時的熱能，並且系統可根據需求調整規模。
NREL的高級工程師馬志文專注於長時熱能儲存、氫氣生產和太陽能燃料工藝，領導了基於顆粒的熱儲存系統的項目，並對儲能方面的計算建模和實驗研究做出了重大貢獻。
參與ENDURING項目的馬志文強調，使用二氧化矽沙進行熱儲存是邁向減碳的重要一步。沙子在儲熱和導熱方面具有優異的性能，是長時儲能的理想選擇。沙電池系統具備高度可靠、成本效益高且環保的特點，同時減少對煤和天然氣等化石燃料的依賴。
王興超博士是NREL的研究人員，同時任教於科羅拉多礦業學院，專注於熱傳導、熱力學以及傳統和可再生能源系統的研究，尤其在開發先進系統的能源轉換和儲存模型方面具備專業知識。
2. 成本效益：太陽能和風能相對於煤炭和石油
可再生能源比傳統化石燃料成本效益更高。2022年，中國的大型太陽能發電成本約為每兆瓦時20至30美元，相比之下，煤電約為每兆瓦時60至70美元。在風資源豐富的戈壁沙漠，風能的成本也已低於基於石油的發電。
目前，中國每年在煤炭和石油進口上花費約2,000億美元，這增加了對化石燃料的依賴並使經濟面臨更大的風險。轉向可再生能源將有助於減輕這一經濟負擔，尤其是在不穩定的全球能源市場中。
3. 寧夏的戰略地理位置：可再生能源和人工智能中心
寧夏地處戈壁沙漠附近，具有成為可再生能源和人工智能戰略中心的潛力。該地區臨近豐富的太陽能和風能資源，並擁有良好的高速鐵路連接，是管理和分配可再生能源的理想地點。該地區的工業基礎也支持能源生產和基於AI的能源管理系統。
4. 經濟增長、就業創造和GDP影響
在戈壁沙漠投資可再生能源將創造1000到1200萬個就業機會，特別是在建設、運營和維護方面，這些工作將提供城市和農村的高薪機會。
就業創造：未來十年中，5萬億美元的投資將創造約2000萬個直接和間接的就業機會，涵蓋建設、運營、維護和研究，這些工作包括可再生能源系統、沙電池技術的安裝、電動車製造以及相關的交通、基礎設施和供應鏈產業。
GDP增長：每年1萬億美元的可再生能源基礎設施投資將顯著促進中國GDP增長。在五年內，這筆投資可使GDP增長約5萬億美元，這主要由可再生能源行業的產出驅動。
5. 環境可持續性：減少碳排放和沙塵暴
在戈壁沙漠的大規模可再生能源開發將大幅減少中國的碳排放，幫助實現2060年的碳中和目標。此外，風力發電機可以作為屏障，減少北方地區沙塵暴的頻率和強度，這些沙塵暴目前造成巨大的損害和健康成本。通過減少這些沙塵暴，中國每年可節省數十億美元的損害和醫療費用。
6. 電動車：驅動清潔能源需求
隨著電動車市場的增長，電力需求將大幅增長。電動車比燃油車環保且成本效益高，依賴於清潔能源而非化石燃料。通過對可再生能源基礎設施的大規模投資，中國可以滿足這一增長的需求並減少對石油的依賴，進一步支持碳減排目標。
7. 沙電池：一種更安全、更可靠且具成本效益的能源儲存方案
沙電池利用熱量儲存能量，然後轉化為電力或用於加熱。典型的5,000噸沙電池可儲存約210萬兆焦耳的能量，適合戈壁沙漠等擁有豐富沙資源的地區進行長期儲存。
與熔鹽電池的比較：
• 安全性：沙電池比傳統的鋰或熔鹽電池更安全，因為沙子是不可燃的並且化學穩定。鋰電池在過熱時可能著火，而沙電池即使在高溫下也保持穩定，降低了風險。
• 可靠性：沙電池耐用，可反覆使用而不會退化，確保了長期可靠性。相比之下，熔鹽電池易受腐蝕，增加了維護成本。
• 成本效益：沙子是一種豐富且便宜的資源，使得沙電池在構建和維護上比鋰離子或熔鹽電池更具成本效益，適合大規模能源儲存。
8. 國家安全：電動車和應急系統
可再生能源供電的電動軍用車輛和應急系統將提供戰略優勢。在石油短缺或海上封鎖的情況下，電動車輛確保軍事和應急行動的連續性，增強中國的國家安全。
9. 空氣制水系統：農業的可再生能源應用
可再生能源還可為大氣水生成器（AWG）提供動力，該技術通過風能或太陽能從空氣中凝結水分。這些潔淨水可以用於戈壁沙漠等乾旱地區的灌溉，將荒地轉化為肥
I guess you copied that from somewhere. China just opened a bunch of Coal Fired plants. So much for your theory.
While most of the people are hungry.
@@OwenDunn-y4d will provide millions of jobs
@@RedBart that has to change
Americans household will have 2 dish out another $3000 per yr or even more when he brings in his Tariffs,,,,
Nope, just make trade deals with other countries, plenty of lithium in US and metals manufacturing, could just outsource to South Pacific, India, South America, etc. already have ports and infrastructure to do it, US leadership was just afraid to take on the fight for years but I think Trump will do it, it’s not just him either, he has some solid economic minds going into his cabinet. We will see
@@jeffreyyoung6714 source ? Proof ?
Also india imports from China .
South America has chinese companies
South pacific don't export chinese level manufacturing
U didn't provide proof as usual
tariffs are pasted onto the consumer and if you didn’t know that now you will see it soon
That's what they said last time😂
And we got record inflation thanks to that
Basically .. Trying to stop a country from prospering and developing. Rebecca being bases in Hong Kong, enjoying the benefits of that development whilst trying to bash that very country at the same time... despicable
Let China prosper and develop thru their own domestic market, NOT at our expense.
In the most recent Administrations, tariffs, chip export restrictions and other protectionist measures have no doubt hindered China’s technology growth. On the other hand, it has driven US adversaries such as Russia, Iran and even to a lesser extent N Korea closer to China. These countries are now sharing their technologies, nuclear, space and even military advancements. In addition, it has heightened China’s urgency to be technologically self sufficient. There are signs that protectionist measures might have backfired.
Corporate handouts going to go brrrrrrrrrrr
I’m pretty sure this manboy will start a revenge war and will spend his time Insulting & Blaming everyone!!
America's biggest product to export? STUPIDITY!!
Gonna disappoint his voters
Tariff is not solution it will ultimately lead to inflation in usa and can cause retaliationary Tariff by china, and also prompt other countries to collaborate against usa as i 🤔
Long term economic revival demands that we reduce our import dependence, otherwise we will bankrupt ourselves as we import more than we export.
I can only say that's a tsunami of who he really is is going to overtake all of us and we're going down with him
Not particularly limited to China but something that Trump said that made me laugh was about the world isn't buying American cars. Tesla ain't doing too bad globally, gm (opal / vauxhall) aren't exactly a decent brand, ford are really cutting back on their portfolio and most other american brands have limited availability outside of the US.
Tech - aside from the overpriced Apple, what else is there now that doesn't have better options from other countries?
Food - maybe if their standards were better, they might do better trade.
BYD is earning higher revenue than Tesla already and increasingly closing the gap on number of vehicles sold.
American cars? Poor quality cars with big engines. Who wants those? Might prefer one over one of those indian Bajaj Qute😂😂
Weapons, for now.
If it bothers Bloomberg, and its viewers, I'm all for it.
Your contrarianism is sick. Very abnormal behavior
One day you will realize that Chinese export to US is the cornerstone of your way of life. If everything you use is made in USA, your quality of life will drop significantly. Enjoy your next four years.
Best of luck to you man. Or bot. I don't judge.
not sound insensitive, but when you look at all these American tech companies and the amount of Asians that work there but somehow think they cannot make their own chips is deeply problematic and lacks self awareness.
Chinese businesses excel in fast alignment and action, an edge that's crucial for driving new tech and tackling complex challenges, while US companies often get slowed by political reasons and complacency.
Tariff are so we can bring jobs back to America to grow America instead buying from another country and growing their gdp while Americans are job less.
(Please take this in a respectful tone! No sarcasm from me): I thought so too at first, but then I thought, what if the other country retaliates and imposes tariffs on the US products they buy? If I remember correctly US soy bean farmers suffered last time.
imagine actively undermining your own country and intentionally trying to scare people into divesting.
😂😂😂 and he want to do it all that process whit out the cheap labor of emigrants... Because china it is in that high position also because all the cheap labour helps up the mass production... That is not a process that any precidency can develop in 4 years, or he planning to make his childrens continuing in power in the white house
we thought that by exporting capitalism the east would become like the west. instead, the west is now becoming like the east. 5:07 - history may show that being able to direct the economy through policy works better for a society than an open market directed only by profits
Exactly.
China is developing domestic markets
China developed everyone
Dang so trump helped china be more competitive. We are going to get further behind because of trump.
They’re going to tank public education in America. More unwanted, poor children going to underfunded schools to learn nothing of value while dirt poor red states collect even more federal aid so they can party with Brett Favre.
you cant win china on capitalism without reading karl marx books
Yeah, because Bloomberg has been really on point with an accurate reporting of current events.
"unintended consequences"?? Well i call it FAFO
How will "built in America" work if the brightest young people are flocking to law and finance instead of engineering and technology? Just visit any postgraduate engineering program-it's rare to see American students there.
Further the wage is high in US compared to China.