EUROPE TRADE WAR WITH CHINA. WHO WINS?
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- เผยแพร่เมื่อ 22 มิ.ย. 2024
- #tradewars #euelections2024 #europe #china #tariffs
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China will win. Why? China has many other countries to export whereas EU will lose its biggest export market in China. Plain and simple.
nonsense, no one else has the buying power of the West, if China loses those markets there's nothing out there to make up for it. Furthermore, China lost access to advanced silicon, it's impossible to produce almost anything with high added value without those today, and you can't just start making advanced chips, China has tried repeatedly and failed miserably and to top it off, without high end chips China is blocked from developing AI and without AI it becomes impossible to remain competitive, AI means much higher productivity.
All China had to offer was cheap labour and you can only get so far with that to begin with, but by getting belligerent, China has overplayed her hand, a huge strategic blunder on the part of Xi, had he waited for 10-15 more years, it might have become impossible to stop China, now she'll just fade into obscurity.
Spain can send to Turkiye or Israel ... 😂😂😂😂😂😂😂😂
On the up side, Spanish consumers can enjoy very cheap pork chops.
Most companies exporting products from China are American /European multinational companies
And European companies based in China make 500 billion a year in sales of goods and services in Chinese domestic markets
Where Chinese companies have been mostly trading with their belt and road country partners/Global South Countries
The most that China will lose will be a bunch of Louis Vuittons, Guccis, Pradas.... 😅
Luxury items are so superficial.
You forgot.... McDonald's 😂😂😂😂😂😂😂😂😂😂😂😂😂
@@joerod7526 YUK
EU follows US foreign policy to impose tariff on Chinese EV is a very stupid act. EU living , political and trade environment is very different from the US. The US is big enough to suffer from higher price of EV,however, the EU members of small countries cannot afford to accept higher price EV. China trades with 200 countries in the world, China will not die even if the EU stops trading with China.
When climate changes become unbearable, millions Africans will come to Europe as a safe heaven. I think EU should have incentive to move to Green goals ASAP.
Ppl heard of China speed? China has started settling up pig farms already, China knew long b4 what will happen, it’s not the first time China has to deal with a trade war from the collective west, so the pork prices in China will still affordable for its citizens, the Spanish guy just project what will happen in Spain will happen in China🤣 in fact it only hurts the EU😂😂
Besides that Chinese people don’t have to only eat pork they can also eat beef unlike the Indians 😂😂, and China is already importing beef from south America 😂😂😂
It’s not Eu . It’s us telling it’s puppet to do it .
Nobody wins, but some might win more, while some would lose even more. 😊
China is the world's top pork producing as well biggest pork importing country. If China will to sanction pork from EU nations, it can easily import from Russia & Brazil, which are members of BRICS. It also can import from Mexico, Chile, Malaysia, Vietnam, Thailand, etc etc.
Chinese are going into Laos to establish and set up pig farming soon and export back to China.
in trade war, no party actually wins
But but ...Trump said trade wars are easy to win😂
but Europeans cannot endure, Chinese have Endurance 🤭🤭
In that case why start a trade war? Don't blame China for it.
One simple question will answer this question........WHAT does U.S produce other than weapons?
A lawless USA will always be the same to the world of working countries.
Who wins? 😂😂😂😂😂
Europe is done
Well known 35 trillion debts is boiling. 1 trillion added every 100 days unstoppable. That is very worrying yet imposing trade war, sanctions and tariffs at every corner of the world.
No one wins. Just who suffers more.
China got Russia MORE THAN ENOUGH
Eu will suffer a lot , after energy that brings the recession now, the competitive goods ( cheap price but high tech) from china also is also increased the import tariff ...another blow to inflation ...eu is too stupid ...
The anchor did not seem convinced.
Spain is not the only country in the world where China can import pork from. Prices may go up in the short-term but the Chinese have always turned adversity into opportunity. South East Asia, meanwhile can fill in some supplies and may encourage pig-farming in these countries to expand to cater for Chinese demand. Alternatively, China may do likewise to develop this industry at home to shake off dependency on the West whose policies towards China are dictated by the international thug and bully because the Europeans have no cojones to act otherwise for the interest of their own countries. Please remember, if you engage in 'eye-ball-to eye-ball' with China, you will be the first to blink.
They can buy the pork from Russia
A phoney government is always the case, no reality when insanity rules.
CIA propaganda channel 😂😂😂
Stresses that mainly China will suffer. Implies that China should accept whatever tariff eu imposes on China hands down. China has to show it would not accept any illegal unilateral tariffs. For decades it's on record that always Western rich countries impose tariffs FIRST. When Western countries have over capacity in cars, aircrafts, other premium, luxury products, it's ALWAYS OK.
When one gets into a fight, expect to get hit too. 🥶🥶🥶
1.4 BILLION Consumer market vs. 400 MILIION Consumer market--- I give you one guess who has the edge!!
The host has exaggerated the housing problem in China. Houses are very cheap in China. It is a confidence problem, not a money problem.
To the interviewer: try not to interrupt yourself in the process of asking a question. Organize your thoughts so as to finish each sentence before starting another.
You are absolutely right about the Xinjiang Uighurs being treated better than the Han Chinese. I just met a Han Chinese lady yesterday, who is now a PR in Singapore now, who said the main Stream Han Chinese arent happy with the PRC gvt for " fawning" over the Uighurs and minorities. They were eapecially pissed off with the points system favoring admission to Universities for those ethnicities. And that Uighurs has no gvt control over the number of kids they can have in contrast to them.
Maybe the CPC wants the price of property to go down? Any guess why you think that might be? The CPC has ways to help this sector but they chose not to, many of which are speculative investments. You think it’s bad policy making by the CPC?
I do not fully agree with Daniel when two are losing but one is definitely losing less, and this is China !!!
He speaks for the West, hence incline to be bias & less objective on China.
There are others more worthy, professional & qualified to listen & learn from.
This would be my first & last time cos not wasting time listening to sophistry.
I think Europe will loose more than China as China can do more bussineas with Asia Africa and South America.
2023 data, the value of European Union pork exports to China is 6 billion USD, of which a quarter comes from Spain, the Netherlands 620 million US dollars, Denmark 550 million US dollars..
Pork is the common food , China can purchase from the US , Vietnam & Thailand , so it's not damaging to China .
@6:58. Huh??? No, but China's retaliation is NOT meant to be about protecting its pork industry.
Really , China needs to follow USA real estate ??? Lol
Just leave EU😅👍🍺
EU has the likelihood of breaking up 🥳🥳
China need imposed strong tariff that will cause pain and panicked in European
Who lost the most on property and mostly overseas finance😅👍🍺
I guess EU have succeded marketing those _"pork meat"_ IN _"Middle East Countries"_ instead of selling to China.
What a really taft marketing team indeed from EU... LMFAO...
Surely 101 ℅ will WIN
Of course it’s China.
China can import Pork from MANY countries not just Spain who is one of a many suppliers of Pork to China who can switch importing pork from other countries. Think about it, this is like China increased tariffs of Australian wines.
Thank you, Daniel. As usual, brilliant.
he must have investments in China. should have got out while he could.
everyone else did
For Chinese who used to drive overpriced European cars they have not problem to buy our own Chinese brand cars. It is way more cheaper, more reliable, EVs do not produce emissions and it's good for our environment.
But for Europeans who used to drive Chinese cars now have to drive European car will be a problem. The European cars will cost as much as double the price of Chinese car. Beside, they have to pay high gasoline for European cars. Unless those who are rich will not have problem. But the poor will suffer.
Look like China will win.
Snort snort. Poor Piggy 🐷 😢
Artificial intelligence will generate better movies than Hollywood movies. Soon China will produce these movies at low cost. China will also produce English songs too. US movie and music industries will collapse.
If china have to export less pork that result in more pork availability in china theryby resulting in lower prices for Chinese food for 1.5 billions Chinese.
China smartly burst the real estate bubble instead of following the US where poor people cant afford a house at higher prices. 😅 😂
Banks make more money 💰 from higher mortgages and poor people have to pay
Great channel. Very good ibfo.
Fake news
👏👏👍🇧🇷🇷🇺🇮🇳🇨🇳🇿🇦➕️👍✌️✌️
Talking about trade war. But half part is China housing problems????. You do not answer the question my friend . What are you trying to do. Trying to get some negative about China. The whole world knows China got this problem and the government is trying to deal with it. It will take time my friend.
The kids have moved in with their parents like the rest of the world. Some have taken up adventure trips in Africa where they plan to build..
build... build...
The world is such a big oyster. Nobody will miss Europe especially those who have never been there.
Nobody wins, although longer term the outlook for China is cataclysmic given their debt and demographic crises.
😂😂😂 China's debt? Like the US debt? Which country are you from? China can settle its domestic debt by selling its US bonds but what can the USA sell?
imdian bro still begging for $😂😂😂😂😂😂
@@jerronng6036
India has thousands death daily due to accidents/intoxication/political crashes 😅... ets
India can import and enjoy the all the cheap pork from Europe,win,win , JAI HIND
What debt?
EU is a big looser in ALP aspects..