Business Consultant Says US Tariffs on China 'Symbolic'
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- Опубліковано 25 тра 2024
- Cameron Johnson, senior partner at consulting firm TidalWave Solutions, says US tariffs, such as on personal protective equipment, don't hurt China much as Chinese firms can sell products much cheaper. He also discusses the difficulties gripping Chinese manufacturers. He speaks with Yvonne Man, David Ingles and Stephen Engle on "Bloomberg: The China Show."
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The world is starting to wake up to Americas bullshit.
You meant American? The world already knew that long ago, wake up American
pretty sure they woke up decades ago, but no bogeyman to help the battle against their recklessness
He is doing nothing more than explaining the purpose of a tariff. The government gets some money that it can apply to initiatives it wants and they can change consumer behavior.
This is a response to Chinese BS. You totally missed the point or you are a Chinese bot..
Even if US doesn't buy Chinese EVs rest of the world will. US is behaving more and more like USSR everyday.
I saw movies where USSR people couldn't get US clothes and couldn't listen to US music. This feels similar.
U.S. is getting more like USSR threatening everybody, Russia is getting more like China having exponential growth, China is more like U.S. in pre 2000 getting more goodwill from the rest of the world.
Imagine u.s. decided to goes into arm race with China like the USSR? 😁😁
@@andrewlim7751 What the U.S. military gets by spending 8 USD is equivalent to what the Chinese army gets by spending 1 USD. When an arms race occurs, it is not difficult to imagine the results.
@@eric9069
Exactly, one don't even need to get into a live war, they just build and build, the u.s. will have to come up with something similar, just by comparative building will wear one out financially, and we're are talking about u.s. having USD as a reserve currency, they'll be overwhelmed by debts.
Europe won’t and together with the US that’s 50% of the world GDP gone, which would be good for competition so not everything will come from China
US goverment to the citizens: You are not allowed to buy Chinese cheap products. It is your duty as an American to pay more and keep American CEOs rich.
No.. byd uses welfare to make the prices 9800 and that low... byd will not last
byd copies tesla, uses old tesla employees, and welfare to lower the prices below tesla.... i actually make parts, you and these guy in the video are just repeating nonsense.
he said states doesnt have ev.. we alll instantly knew he is slow right there and lying 😂 i have shorts making parts... i win the convo
@@dertythegrower what he meant to say was US doesn't have Chinese EV. He corrected himself later in the conversation. But you want to hear what you would like to hear.
USA….. pathetic………what the f is “over capacity “ anyway and why doesn’t Bloomberg question yellen on these terms ……..
It is time for the world to abandon US $ - American hegemonic tool
Ding dong, Biden would still lose the election putting up a show. US politics is so easily see through.
China, looks for partners while the US demands subjects.
Thats the way life should be. You cannot be called rich if there is no poor. In order to maintain the American dream of excess capacity, other countries resources should be taken away.
No.
@@marktrinidad7650allow yourself to be a subject then
@@dertythegroweryes
Doesn't tariffs make the goods more expensive and ultimately the ones who suffer are the consumers?
Correct. It wont save the US EV industry because US consumers either don't want or can't afford US made EV's.
Obama applied 250% tariffs on chinese solar panels and 500M grants for domestic producers. Many of those companies have failed today.
Using printed money to buy things from China is already a huge advantage to the US. Or the USD will be worthless and inflation will shoot off the roof. This reminds me of Mark Twain‘sTom Sawyer. Tom didn't like the painting job his aunt asked him to do. But when he saw a boy came over, he tried to paint the wall with much interest and seemingly very enjoyable. At the end, the boy used his candy as exchange for Tom's painting job.
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Liars gonna lie.
First guy is a joke at it 😂
He said we... tesla.. do not have ev here. Buddy we invented it.
@@dertythegrower think he was saying there isn't many Chinese EV in US... hence the tariffs on Chinese EVs will not have much effect?
@@isorokuyamamoto8423 It will make poor China think twice before flooding US market with junk.
All Democrats "experts" seem really dumb talkers these days.. Nvda $10T market cap. JEZZ😊😊
@@dertythegrowerno we didn't
Byd did . Byd was created in 1996.
Tesla was created in 2003
This is one of the few that actually got stats n numbers to back up his points. Great interview.
No.. he didnt.
he said we do not have ev 😂 that guy is proven wrong by me 😂
@@dertythegrower Chinese ev. Pay attention.
@@dertythegrower Chinese EV, in the USA bro. Not hard to understand.
You commenting the same lie over and over won’t change a thing. You know what he’s talking about but you choose to twist it.
@@dailyrant4068 What lie? That is no Chinese EV on sale in the USA??? Stop lying.
Offloading US bonds is China's highest priority at this moment
First they wanted China to do something about pollution.
Now they making electronic cars they put 100% terrifs
Remake of BANANAS Wars between US and EU - fight tariffs with tariffs.
No tulips and the Dutch
Cameron! Good to see you here.
This guy knows what he is talking about.
No he does not.
He said a laughable lie in the first line he said. I make parts... he does not. 😂
You and him do not know we innovate and byd copies. Without welfare, elon beats byd, as byd uses double the welfare tesla does. I win, and proof? shorts video.. i make his parts
😂 Ignorance?
He knows his business can't compete without Inflation Reduction Act subsidized by Dept of Commerce😊
@@dertythegrowerUsa cars punched a hole in ozone
Source : Thomas midgley Jr
Tariffs alone were never going to be enough to rebuild industries in the US. It would take a consistent industrial policy over many years. Which is how the Chinese did it.
...no. they copied tesla and use welfare to beat other prices. You dont know long term. How are the ghost cities?
😂laughable ignorance
@@dertythegrower which part?
@@MrStevemurhe’s a propagandist. Repeats the same lie everywhere.
It’s not just China. All the successful players you can think of, from Taiwan to SK to Japan all have industrial policies that support their industries. US needs to start rolling out pragmatic solutions
Beijing will ban boeing (for security reasons) and then impose symbolic tariff on its planes.
no... also they copy boeing... 😂k,
are you new to aircraft? also byd copies tesla.. i would know
There low ev sales now, but I think the ev tariff is aim at preventing the Chinese ev market from taking off.
Heres the reality. You put tariffs on chinese goods. Enterprising Mexicans and Vietnamese will import from china, assemble it there, slap a made in vietnam or mexico label, make their profits and ship it to the usa.
Instead of paying $200 for a chinese tv us will pay $400 for a made in vietnam tv with all chinese parts in it.
The wonders of globalisation.
Why dont you google search this. The drop in imports from china is mirrored by an increase in imports to vietnam and mexico from china and exports from mexico and vietnam to the usa
Or China will come to Mexico to build them and sell as made in Mexico.
They don’t seem to understand with or without China, US manufacturing cost isn’t competitive
Revux is being mentioned everywhere - definitely a project to watch!
Got a strong feeling Revux will go 100x once it hits Binance.
It proves that it's not the Environment. It;s Greed
Fun fact
Usa cars punched a hole in ozone
Source : Thomas midgley Jr
It’s not a skill issue, it’s a management issue
Presales have the highest returns, and Revux is the best one I’ve seen.
50% to 100% tariff symbolic? I have never felt so stupid listening to these people....
It all depends upon production cost.
Did you only read the title without listening to the content?🤣
Just like imposing a 100% tariff on EVs, in fact, Chinese EVs entered the European market a few years ago, but so far no Chinese EVs have entered the US market.
So, what is the difference between 100% and 0%?
@@eric9069they dont know the topic at all.. guy said we dont have ev in the states.. 😂 buddy i make tesla parts, we are worked nonstop
@@Argus-ut8gigreedy middlemen resellers....
Predicting 100x gains for Revux post-launch on major exchanges.
A lot of noise
No contents
Just like a balloon, empty
it is difficult to reach any important agreement because it is not in the interest of the United States.
China poses no threat the USA. China poses threat to USA hegomony.
USA still got that big brother mentality even these days 😂
Fun fact
Usa cars punched a hole in ozone
Source : Thomas midgley Jr
Will Revux outpace XRP in the next pump? Looks promising!
It is not just symbolic. The sales of EV and battery is slow now, but the surge is predicted to come soon. And the tariff is to prevent the surge from happening, thus to protect the local car makers
Because local auto makers are not agile enough to compete at the world stage, that's why Washington is playing BS
Keep up the good work America.
Deceiving itself.😂
....nope, i make parts and we invented ev... byd copies us with welfare to lower the prices...
Reallocating to BTC and Revux, with some BNB and ADA.
USSA
First guy is wrong 😂 no EV? Buddy, i make them here... that dude is not in the know, my shorts prove i know as i am in the factory!
Lots of places build EVs, such as the US, but only one place BUILDS EVs with a capital B. The US builds EVs in the same way that Lotus builds cars in a converted WW2 hanger in the UK, i.e small potatoes compared to the massive EV value chain China has built up over nearly 20 years. China will likely produce over 8 million EVs this year, while the US will produce 10 million CARS, with only a small percentage being EVs. Maybe if the US government goes all in on subsidizing its automotive sector like China did, the US can also build several million EVs per year, 15 years from now, but not today.
What are u smoking ?
We subsidize them . Byd made modern evs .
Anyone else noticing the hype around Qventi? Feels like another Revux in the making.
I know the US have a number of franchises in China like Walmart, McDonald, KFC, Subway, Costco, Starbucks, so on....aside from cars like Buick (with sales drastically slowing down) and Jeep already left. There's really nothing to sell in China except store franchises, which employs a lot of people. I don't see how China's plan to impose tariff on large engine will affect the US, since Buick is built in China. It's BMW and Mercedes that are panicking.
They can ban them like Tik Tok in US.
@@tomtube1012 Unfortunately, banning any of the above franchise: Buick, Walmart, Apple, etc. will mean a lot of people will be out of work since all these companies employ people
@@futo Same can be said about Tik Tok in US. A lot of people will be out of work.
Does it mean Trump trade policy is symbolic? and Biden was wrong back then when he criticised Trump?
The country is running out of money, it has to collect tarrif. Even after tarrif BYD cars, being able to drive 1300 miles should be selled very well in US😂 imparted inow😂
China is stead fast in its diversified developments and progressing steadily that the US can never have a chance to dent it. Other than a physical war, all kind of rubbished wars generated by the US upon China are suicidal to the US. So do not belittle China and be prepared for more defeats.
Reply
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Thank for your nice Talking .im from singapore may im know are you Talking about horse Racing problem🏇🏇.im not so clever person .why if outsider going win or place never in seletion tip im look for long team.🤵🌊🔐🔑🌊🗝🌊🏇🏇📱👀
Get in on Revux now, or you’ll regret it later!
Uncle Sam force China to pay its $35 trillion debt otherwise an all-out nuclear war. 😂😂😂😂
Hmmm you think Chian doesn't have nuke.
米国人，你要自信❤
Uh, we are. byd copies us 😂
@@dertythegrower Meh, electric cars existed long before Tesla.
@@johnnyq4260 American exceptionalism bleeds strong ... to the last drop even! It is hilarious to me they think Tesla somehow taught the Chinese how to build EVs when Tesla didn't even set up their factory in China until 2020. So the ENTIRE Chinese automotive industry somehow stole all of Tesla's knowhow starting in 2020, and then ramped up their own production, overnight, and are now dominating the entire global EV market? Sure buddy, keep thinking that.
Maybe step back and consider the fact that Tesla's China factory almost outproduces their other three factories outside of China COMBINED. Why is that? Is it perhaps because only Tesla Shanghai has access to the largest, most comprehensive, and most sophisticated EV value chain in the world? Who built that supply chain? Tesla astutely went to China to take advantage the supply chain which already existed there in order to supercharge their own production and sales, not the other way around.
Tesla is going to get hurt really bad if tariffs are reciprocated. I’m glad I’m not a bag holder
The point is to stop these affordable quality Chinese EVs from getting a foothold to begin with. This guy is missing the Forrest for the trees.
byd without welfare is more priced than Tesla... and byd copies tesla. undeniable reality.
And you are missing the much LARGER forest behind the woods which much up for the US auto market. The fact is affordable quality Chinese EVs are here NOW, TODAY. And they can build a gazillion of them now that they've also cornered the global lithium battery market (and starting to build out the future sodium ion market too). So what are those Chinese automakers going to do when they are shut out of the US market? Spend all their energy sending their cars out to every other corner of the world of course.
Even 20 years ago, the already declining Detroit automotive industry still counted GM and Ford as the world's number 1 and number 2 selling automakers by annual sales. GM and Ford are now down to number 5 and number 6, as they pull out of one international market after another. Within the next 5 years, major Chinese brands such as BYD and SAIC will jump ahead of the Detroit 2 as well. If GM and Ford wants to continue to exist for another 100 years, should they face the Chinese competition head on and outcompete them as soon as possible all across the world? Or do they sit behind an American tariff wall, turn into small regional automakers, and milk every dollar out of making pickup trucks sold to American consumers with 8 year loans?
Perhaps it is a moot point and GM and Ford's decline is irrevocable, since China's manufacturing sector is just so much more competitive at building cars so the war is already lost, and the best you can hope for is putting up the tariffs to sunset the US auto industry slowly over time and keep those jobs going as long as possible. But either way, the tariffs indicate that you acknowledge that severe protectionist measures are the only thing left in the tank against a more competitive auto manufacturing economy across the pacific.
You really didn't get the whole point.😂
@@tren133 you are preaching to the choir. The tariffs are such a desperation move. The American auto dinosaurs are facing a Chinese manufacturing asteroid. I am salivating watching these EVs get cheaper and cheaper. Where I live there are BYDs and over Chinese brands all over our the roads. I love it.
The united soviets States of America
im never reading book📖📗done by tip number .🤵🔐🌊im C4, np pure water kaki.not clever im still look.Want county are you Talk MR,👨🏇many time im show how to done by number
They forgot to ask how much this "consultant" is receiving from the Chinese.
As much as your received from gm ?
20 bln $ subsidies for tesla and still tesla fired 20% work force
Chinese car industry is going to collapse😄
China 🇨🇳 is in trouble. But the US 🇺🇲 showed some leniency and didn't want to hurt China economically.
Hola, hows thr CIA dogfood ?
😂😂😂
Best curry joke of the day.
The same clown 🤡
I see you in many comment sections of videos about China, and I feel like all your answers are just robotic remarks, without any wisdom at all!
Stop Chinese. Stop thief.
Loser excuse... But keep doing it.
Support chinese , support trade
Paleface calling Chinese thief when you stolen the entire continent from the native American.
Xi should come to America 🇺🇸 to beg for forgiveness and leniency.
😅 你脑子进水了吧？ 谁隔几个月经常来中国卖美债？
Hola.! Hows the CiA dogfood ?
Good joke Indian.
Xi is busy with 125 other countries around the world. America can wait in line.
Smoking high-grade for the first time it appears
Got a strong feeling Revux will go 100x once it hits Binance.
Anyone else noticing the hype around Qventi? Feels like another Revux in the making.
Revux tip-off - this token is heading for the moon!