Protectionism does not make your domestic companies more innovative, but rather more stagnant. Never mind Chinese cars, even theGerman, Japanese, and Korean cars are better than anything Ford, Ford, and Chrysler can produce.
Our so-called leaders thought "free trade" was great when they were shipping our jobs overseas. Now when it comes to protecting Legacy Auto who have been too slow to move to EVs, Uncle Sam Swings into Action, raising prices for consumers.
Do not listen to Jim. You will loose all your money. Market is running by amateur traders and not run by old rules. Good example is GameStop stock. Whatever Jim advices do opposite.
Huawei is banned in the US but Apple operates in China, BYD is banned in the US but Tesla is in China, the US also bans China from buying chips that are in the US monopoly and many more
@@zacksmith5644 And your point is ? Since you are not staying on point. Huawei is banned due to the backdoor risk of data exfiltration. If BYD is banned in US, perhaps we should then close the bus manufacturing plant in SoCal which has been producing subpar EV buses with major problems for some time (see Albuquerque). The point of a blockade of Chinese EVs including those made in Mexico (I have no problem with BYD's manufacturing in CA) is these plants and vehicles produced are highly subsidized by the PRC to crash the EV markets of the imported counties (whether US or EU) - no different than the Chinese did with batteries, solar panels, LEDs, .....
3. sentences to fix everything.. 1. Drastically and dramatically increase supply. 2. Stop purposely creating scarcity of goods. 3. Reduce 10% of government salaries. Yes. Fired. In 1 year that alone will do more than whatever all these guys says.
But all the lithium/cobalt and other rare metals needed for ev batteried are 80% controlled by China. Therefore I expect chuna to triple the price of their rare earth metal export to the USA. This is a battle the USA and the west cannot win.
EV sector charging Up this week. Tesla 5 %... Fisker.. FSRN 14 % in 2 days after 2 press releases..Plug charging 19 %... EVGO 16 %.. ChargePoint..Blink Charging Up double -digit this week. Evtol Jets stocks also climbing. Lillium Evtol Jets and others.
The 100% tariff on Chinese EV is just about right to generate resentment from the Chinese people to make them wonder is it still patriotic to buy Tesla in China. If that movement starts like it did to the Swedish company HM then Tesla will have no future inside China.
5:50 "hey, with 100% tariff on China, Ford doesn't even need to be all that ready [for competition]. They focuses on other things that make money..." This sentence summarizes all that is wrong with the tariffs... This will be the downfall of the US automobile industry... if not the country itself...
That will backfire like a Volkswagen beetle bug. I'm gonna get one of them cheap microwave cars and an order of prawns. Electric cars emit high amounts of electric magnetic radiation but hey who needs hair anyway?
Despite massive outsourcing by US corporations to PRC, PRC government has remained an economic FOE and military FOE! No amount of economic cooperation nor diplomacy will make PRC government an ally of USA or any nation! PRC's diplomacy is coercive and deceptive. PRC's cut-throat trade practices and economic aid/loans to other countries filled with debt traps. Japan's geopolitical conduct, on the other hand, abandoned its imperialistic stance, no territories, practices friendly economic competition, no debt traps, outsourced its massive automobile industry to other countries (USA, Canada, and other countries) to provide employment, and a true ally! Japanese government genuinely protected its people by postponing the Tokyo 2020 Summer Olympics (sabotaged by the covid-19 epidemic) because the Japanese officials listened to its medical experts/people, put down their pride and honor, risked billions of US dollars worth of investments, profits and revenues in order to protect the people of Japan. Did Xi postpone the Beijing Winter Olympics??? NO!
Cramer is a paid shill of the elite. Anybody remember when he said the military should round up the unvaxced? It's been erased by the Thought Police aof YT
Cramer is a paid shill of the elite. Anybody remember when he said the military should round up the unvaxced? It's been erased by the Thought Police of YT
I shorted the Hang Seng Chinese Index and I got burned so I don’t know about these “tariffs” effect if freaking american funds keep buying Chinese stocks
Stop American bashing! Every day 136,000,000 Americans buy a product from a Chinese person, 190,000 Chinese students study in the USA, do 136,000,000 Chinese people buy an American product every day, are there 190,000 American students in China ?
CCP need to learn the rules and play by them. CCP cannot use Chinese treasury, subsidize industries to target and decimate private businesses of other countries.
Dude. I need a 10,000 dollar car because rent is already my whole wage.
But-but-bbut CHYYYNA CHYYYNA CHYYYNA!!!
What if you lose your job in the car factory... then you would not even GET a wage at all. You will be homeless.
@@HermanWillems US govt advise to low wage earners: buy a tent & camp outside. so u dont hv to pay rent.😅
they’re want us to spend all the salary on american ev,., and become a homeless
Same people will complain about America losing its manufacturing after china floods the market with its products made from slave labour
The American citizens will pay the tariffs, not china.
I don't buy Chinese 💩
Solar panels might be relabeled and then imported from any other country...👍
Well we will see. I think they are looking for chinas shell company work arounds and loop holes too@@DG-hw8it
Only if they choose to buy the Chinese car over an American made one.
Americans will just pay for whatever crap Ford and GM turns out.
To Protects American workers? lol!
Protectionism does not make your domestic companies more innovative, but rather more stagnant. Never mind Chinese cars, even theGerman, Japanese, and Korean cars are better than anything Ford, Ford, and Chrysler can produce.
Our so-called leaders thought "free trade" was great when they were shipping our jobs overseas. Now when it comes to protecting Legacy Auto who have been too slow to move to EVs, Uncle Sam Swings into Action, raising prices for consumers.
I didn't understand anything this guy mumbled.
Don't worry, tomorrow's cpi will fix it!🤭
Jam Creamer pooped in his diaper again and wants to share it with us?
Do not listen to Jim. You will loose all your money. Market is running by amateur traders and not run by old rules. Good example is GameStop stock. Whatever Jim advices do opposite.
Jim Cramer thinks tariff is a good thing. Is he out of mind or drunk today?
15 years ago him and Kudlow were against Tariffs.
BYD wins.
Blockade Chinese EVs from streaming across the Southern Border produced in Mexico. Course, the vehicles will have drivers.
Huawei is banned in the US but Apple operates in
China, BYD is banned in the US but Tesla is in
China, the US also bans China from buying chips
that are in the US monopoly and many more
Do they have seatbelts and airbags? 🍀
Why ?
yes import of Chinese vehicles through Mexico is the main threat.
@@zacksmith5644 And your point is ? Since you are not staying on point. Huawei is banned due to the backdoor risk of data exfiltration. If BYD is banned in US, perhaps we should then close the bus manufacturing plant in SoCal which has been producing subpar EV buses with major problems for some time (see Albuquerque).
The point of a blockade of Chinese EVs including those made in Mexico (I have no problem with BYD's manufacturing in CA) is these plants and vehicles produced are highly subsidized by the PRC to crash the EV markets of the imported counties (whether US or EU) - no different than the Chinese did with batteries, solar panels, LEDs, .....
3. sentences to fix everything..
1. Drastically and dramatically increase supply.
2. Stop purposely creating scarcity of goods.
3. Reduce 10% of government salaries. Yes. Fired.
In 1 year that alone will do more than whatever all these guys says.
But all the lithium/cobalt and other rare metals needed for ev batteried are 80% controlled by China. Therefore I expect chuna to triple the price of their rare earth metal export to the USA. This is a battle the USA and the west cannot win.
Take a look all mineral came from Philippines too
It's cool when Biden does it. It's a problem when Trump did it. Nice to see Biden sees the wisdom in Trump Tariff policy.
Trump's tariffs were focused on raw material, which American industries use. Bidens tariffs are completed-product centered.
Doesn’t change a thing…Chinese ev will still be cheaper than overpriced US ev
Hate to day it but china strategy is better
PROTECTING AMERICAN COMPANIES FROM GLOBAL COMPETETING IS SHORT SIGHTED AND CHILDISH
EV sector charging Up this week. Tesla 5 %... Fisker.. FSRN 14 % in 2 days after 2 press releases..Plug charging 19 %... EVGO 16 %.. ChargePoint..Blink Charging Up double -digit this week. Evtol Jets stocks also climbing. Lillium Evtol Jets and others.
Hell yea!! Let’s goo!! I have 22,081 shares of charge point
Ev is such a stupid idea. At least for the next decade at least
@@itsallminor6133 No, breathing toxic air is when you can improve it.
The 100% tariff on Chinese EV is just about right to generate resentment from the Chinese people to make them wonder is it still patriotic to buy Tesla in China. If that movement starts like it did to the Swedish company HM then Tesla will have no future inside China.
Your doing a great job 👍💯🇺🇸
5:50 "hey, with 100% tariff on China, Ford doesn't even need to be all that ready [for competition]. They focuses on other things that make money..."
This sentence summarizes all that is wrong with the tariffs... This will be the downfall of the US automobile industry... if not the country itself...
How can this guy be on main stream media for so long when he is so uneducated about how economy runs.
The answer is obvious.
He says what he's paid to say.
WTF is this?
It's garbage. China BYD wins.
100% tariff and it is still cheaper...I'll buy Chinese EVs
Which part is unfair?
The tariffs themselves are unfair to Americans and consumers 😂
I stopped caring about climate change
That will backfire like a Volkswagen beetle bug. I'm gonna get one of them cheap microwave cars and an order of prawns. Electric cars emit high amounts of electric magnetic radiation but hey who needs hair anyway?
Valero +19% ytd ❤😊
Speak very fast!!!!!!!!?????!
I can't understand half the crap he's saying
Despite massive outsourcing by US corporations to PRC, PRC government has remained an economic FOE and military FOE! No amount of economic cooperation nor diplomacy will make PRC government an ally of USA or any nation! PRC's diplomacy is coercive and deceptive. PRC's cut-throat trade practices and economic aid/loans to other countries filled with debt traps. Japan's geopolitical conduct, on the other hand, abandoned its imperialistic stance, no territories, practices friendly economic competition, no debt traps, outsourced its massive automobile industry to other countries (USA, Canada, and other countries) to provide employment, and a true ally! Japanese government genuinely protected its people by postponing the Tokyo 2020 Summer Olympics (sabotaged by the covid-19 epidemic) because the Japanese officials listened to its medical experts/people, put down their pride and honor, risked billions of US dollars worth of investments, profits and revenues in order to protect the people of Japan. Did Xi postpone the Beijing Winter Olympics??? NO!
💰💰💰💰👀
American auto makers except Tesla . . . Where would they like their ashes spread?
Trade Tariffs on China? Where have I heard this before?
Trump
Cramer is a paid shill of the elite. Anybody remember when he said the military should round up the unvaxced? It's been erased by the Thought Police aof YT
Cramer is a paid shill of the elite. Anybody remember when he said the military should round up the unvaxced? It's been erased by the Thought Police of YT
Tsriff, tariff just benefit Tsla and unefficient corp greed, consumers paying the price
I shorted the Hang Seng Chinese Index and I got burned so I don’t know about these “tariffs” effect if freaking american funds keep buying Chinese stocks
Perhaps, but it will cause demand for China EV's to sink.
If Europe and Canada follow then yes
Stop American bashing! Every day 136,000,000 Americans buy a product from a Chinese person, 190,000 Chinese students study in the USA,
do 136,000,000 Chinese people buy an American product every day, are there 190,000 American students in China ?
CCP need to learn the rules and play by them. CCP cannot use Chinese treasury, subsidize industries to target and decimate private businesses of other countries.
Literally what America is doing.... 🤣😂😆😅
可怜的美国消费者
Lol this guy!