Infrastructure in the USA is not a problem. Crime in the USA is not a problem. Gun control in the USA is not a problem. Racial issues in the USA are not a problem. Drug issues in the USA are not a problem. Poverty in the USA is not a problem. Robbery in the USA is not a problem. Immigration in the USA is not a problem. Abortion in the USA is not a problem. Healthcare in the USA is not a problem. The primary issue is that the USA needs to spend $900 billion annually on the military to maintain its dollar hegemony, enabling continued money printing to sustain its economic survival. This is the number one problem.
Think about it, two people running a race and all one of them thinks about is slowing down his opponent, that's what America is doing, and many Americans aren't even ashamed of it!
China has been exerting its influence over neighboring countries for years, often encroaching on their territories and maritime zones. This is the reality of geopolitics. The United States and Western powers, in general, exhibit a considerable degree of kindness. The ability to criticize them extensively without apprehension speaks volumes.
""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.
US launched trade war to japanese car in 1980s and this action started the outsourcing trend, this outsourcing trend is still in effect today the american working class is the victim lasts for more than 4 decades
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 grew up in Kazakhstan, where we share a great border with China. And since childhood, mainly because of Russian impact, we have seen China as a potential threat. Then I studied in the US during 2009-2013 where the was a concept of Chinese evil everywhere. But i started studying them afterwards: history and economics. Man, it is an amazing civilization (not a nation or country). It is a whole civilization. Historically they been making right decisions for the sake of the country and its future. Not for the sake of particular people. Hats off to China
@@kayrat_kakimzhan the greed is killing the usa .the greed has also build the idiot high debt. Result of the debt has for a great part indirect created the acttual situation
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.
@@konstellashon1364exactly what happened after supply matched demand after COVID, prices were still kept high because that consumer used to it and it didn't bother them ,we only complained but did not do something about it, like not buying the product
@@canpeng5088 “吾辈处末世，勿以己之长而盖人；勿以己之善而形人；勿以己之多能而困人.” We are living in the declining times of the world. Do not overshadow others with your own strengths. Do not make others feel inferior by showing off your own virtues. And do not make things difficult for others because of your many abilities.
@@canpeng5088 It is actually from Xi: On March 15, General Secretary of the CPC Central Committee and President Xi Jinping attended the high-level dialogue between the Communist Party of China and world political parties in Beijing and delivered a keynote speech. Xi Jinping emphasized that any country pursuing modernization should uphold the concept of unity, cooperation and common development and follow the path of joint construction, sharing and win-win. Countries that are leading the way should sincerely help other countries develop. Blowing out other people's lamps will not make you brighter; blocking other people's way will not make you go further. now, you can cite it: Blowing out other people's lamps will not make you brighter; blocking other people's way will not make you go further. ---Xi Jinpin
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.
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.
I’m average American consumer, and my wage has been stagnant for decades, it can’t even keep up with inflation. Please convince me why I should pay a Chinese EV (if allowed imports into U.S.) twice higher with 100% slapping US tariff than its original Chinese competitive consumer friendly price with superb quality EV?! Government high tariff is designed to protect the uncompetitive slacker US industries. Too bad American consumers can’t enjoy Chinese EV with extremely affordable price and superb quality that would kick Tesla to the curb. So our government raises tariff in order to ‘protect’ the lousy and expensive and government subsdidized poorly made American made cars? Why should Americans be loyal to sucker plutocrats? Shouldn’t we encourage fair and fierce competition so we Americans can compete in fair ground and truly become better competitors instead of being spoiled by our government bail out and subsidies. American protectionism not only it does not benefit American average middle to lower middle class consumers, it will make its industries LESS competitive in world markets, because they are expensive and lower quality. High tariff creates the biggest losers which is the average lower end consumers. If you believe Trump is doing work for average Americans, you are sold by his cheap lies.
You are correct on many accounts. I live in the UAE and I can say for sure the top Chinese EV brands ARE better than Teslas. Further, the tariffs not only make imports more expensive, US corporations are not going to undercut the prices of tariffed imports so in the end, the American consumers suffer.
no, porque china no permite que los productos estadounidenses entren a su mercado, es por eso que china es lo que es hoy dia, evitando la competencia extranjera en su mercado interno, pero compitiendo sus productos en los mercados externos, asi que si, trump tiene razon en aplicar un fuerte proteccionismo en estados unidos para mantener a estados unidos como una superpotencia, de lo contrario china se lo comera vivo.
Because China subsidizes BYD to an aggressive extent in ORDER TO UNDERCUT COMPETITION. China also subsidizes final products in order to keep more of the supply chain in their economy. But you all suggest we should just et them win and continue to sell out American jobs. During the Obama administration China proved to not follow our environmental/trade agreements while we did and then they took advantage of us following said treaty to grab up industry. You folks just don't understand prisoners dilemma here. Yeah obviously if everyone played fair we'd all be doing better, but if China isn't playing fair and we do nothing about it, what's the best choice for us?
@@gmanlee575 Yes. A lot of millennial aged Chinese are soft as they only know how to withstand the stresses of individual competition. They do not understand how to handle the sorts of stresses that can only be managed collectively. In a crisis they will all crush each other as they stampede for the exit.
I believe in Chinese people to overcome the US, back then, China got discriminated in the space program and got kicked from International space station, so they made their own, if they can do that, then im sure they can overcome the US chip wars. Jia you China!!
@@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.
Doesn't work . We tried that . Everything became more expensive. 😂😂Funny everthing Trump grifts, bibles, ties, sneakers, watches, etc, etc all come from China. haba. Even when je built buildings he'd use Chinese steel over American as cheaper. The fools that elected this liar.... haha
As an ordinary Chinese citizen, I am pleased to see the decoupling policy from the United States because this strategy cannot isolate China; it will only isolate the U.S. China is the largest trading partner for the vast majority of countries around the world, and the Chinese market itself is large enough. After ten years of trade wars, the U.S. will lose access to global markets and be left with a domestically weak market.
@@Exiztential climate change is a joke,now ev is green for earth, but US EU refuse it. can you see a lot NGO mention climate now? only a tool to control deveoping country, ask them to pay green tax. but now , US and EU behind, they say climate change is not that important...
A 200% tariff on all imports will make the cost of everything three times what it would be, 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... (I edited my comment to remove an ambiguous statement -- I had said costs will become three times more expensive, which sounded like I meant in addition to the original cost.)
@@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
Not exactly. The USA needs to have enemies so they can justify what they spend on the military. Imagine the unemployment if they decided to reduce military spending by half. China does work in different way. When I lived there all the talk was about defending itself. Nowadays a lot of young Chinese refer to the USA as the empire and that is just the same as calling them the enemy.
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.
Actually, China did need and have the international order based on GATT, admission to the WTO, and protection of the US navy which safeguarded global shipping lanes.
@@guydreamr US Navy safeguarding global shipping lane? From who? It's more of the agenda to intimidate the shippings of nations that will not agree with the bullying by the US.
I asked many Chineses who they wanted the US to elect for president. 90% of their answer was Trump because they believed Trump would bring chaos to the US.
@@joecommentator8534 We heard it from Bernie sanders Democrats who don't support the working class find the working class doesn't support them. I mean we atleast saw working class pay rise significantly during Trump's 4 years and then stagnate during Biden. People just want to afford groceries and all The Dems would do with power is blame SWM and keep selling us out.
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.
@@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.
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.
@@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?
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?
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.
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.
@@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.
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.
@@henkdezwart9420 I live in Netherlands too long to say the Netherlands is lightyears ahead of nothing. Outdated infrastructure, low general education compare to my country, technological backwards, social benefits, healthcare on top of extreme high taxation. European cars are literally on the way down, european big car companies are losing ground to almost everything, lost in the race for electric cars already. It's quite pathetic these Europeans still hold on to some sort of superiority complex but in reality it's uncompetitive place still living in past glory.
That is very true. US is not so strong in advanced chips as boasted. US only has control on some major players like ASML in the chip industry to hinder China's advancement in chips production.
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.
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
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.
“Contain China’s growth” To average Chinese this is saying “we just want you to stay poor labors”. This is exactly why US has lost all of its influence among Chinese people.
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?
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)
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.
Can you imagine you can't even produce your own underwear that you are wearing here in the US at an affordable price and now Trump putting tariff on other countries which will end up in retaliations and we the citizens will end up paying expensive underwear. Great idea.
@@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.
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.
I hope Trump can wake up to senseless tariffs. Instead, invite China to be a business partner, let China build high speed trains, infrastructures, and revamp all manufacturing facilities in the US. In return, get China to buy all agricultural products & expensive high tech components to balance the trades. Work together, not fight each other.
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!!!!!
The impact of this trade conflict continues to ripple through global markets, including the technology sector, and has been particularly consequential for companies like Samsung and other multinational firms that rely on global supply chains and international markets.
@@MuhammadJame-l9u tariffs were essentially taxes on American consumers, who faced higher prices for goods imported from China. Retailers and manufacturers also faced higher costs, and many passed those costs onto consumers.
@@jiangjianqing2799 understanding the nuances of the trade conflict and how it influences markets, sectors, and individual assets allows you to make more informed recommendations, sophie kathryn jones is the only advisor to capitalize on the ongoing trade conflict.
@@jiangjianqing2799 not only for americans economy traders, portfolio is overexposed to certain sectors, it can also ebalance the portfolio to reflect these risks and adjust to new market realities
America may go on increasing the tariffs on China. Despite higher prices, China pass on to American importers. Hence IPhone will cost $2,500 instead $1,200 now. Almost ALl electronics,digital, gadgets, electrical appliances, machinery, toys, household items go up in tandem. American people will bear the brunt increase, no longer enjoy affordable prices all these decades. American wages has stagnate since donkey years. Purchasing power shrink, middle class people naturally be downgrade life standards and quality. The bottom line is tariffs is a buzzword for politicians. Period.
China already predicted this outcome and has been preparing for the decoupling for the last four years. Surely the decoupling will harm China's economy growth rate by 1.5% But the effect is limited as China already build New bridges across the Global South which can replace US as agriculture products exporters while the increasing middle class are becoming Consumers for Chinese products.
@ … 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 the roaring 20s and we are bringing back prohibition! Taking the backroads with a trunk full of $10k EVs, come take a peek at my basement dealership 😂😂
He might win a short battle with these tariffs but the USA will almost certainly lose the war,the only losers I see here is the American consumer who will ultimately pay the price.
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.
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 🤔
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
Remind me which country has managed to reach the dark side of the moon AND has their own space station operating in Space. Also remind me which country CAN'T even get their own astronauts down from their own space station and hasn't been able land on the moon again.
@@desertstar223 give me a definition of inflation… I’ll help, it’s the devaluation of the US dollar. Has nothing to do with trade. Looks like you need to learn economics
Even China says this: every nation has its own historical context and a unique "best" form of governance. No other country's political system works in China, nor does China's system work in other countries. It's almost like China is, relatively speaking, the adult in the room.
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.
The only thing USA really have are the digital services such as Google, Microsoft and other big tech. Europe could have developped their own digital infrastructures and become truly sovereign like China and Russia, but they choose to stay USA's vassals.
If you have traveled to China in the past five years, you will know that China is still developing rapidly. I entered university in 2018, and I disliked the cities in my hometown province for being too backward, but this year they built a central business district and a brand new city that is no less than Chicago,LA...., designed by SOM Design of the United States, and the city will open 3-4 new subway lines in the next three years. This shocked me, although it may be the end of the era of large-scale infrastructure in China, but to be honest, even as a Chinese, I often underestimate the development speed of many cities.
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.
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?
Your costs went up (have a look at washing machines and associated dryers) and your government has to subsidize your farmers to stop them going bankrupt. So sure ...
The Trump administration ended up having to subsidize the farmers to the tune of 23 billion and things like washing machine prices went considerably up. Just because you dont read does not mean its reality.
Can you imagine living your life worried that another country may overtake you so you want to destroy them instead of improving?
Consider the reality of your situation: if China surpasses the USA, what will be the source of funding for your food stamps and welfare programs?
@@Goldenberg198you don’t gotta project
Infrastructure in the USA is not a problem.
Crime in the USA is not a problem.
Gun control in the USA is not a problem.
Racial issues in the USA are not a problem.
Drug issues in the USA are not a problem.
Poverty in the USA is not a problem.
Robbery in the USA is not a problem.
Immigration in the USA is not a problem.
Abortion in the USA is not a problem.
Healthcare in the USA is not a problem.
The primary issue is that the USA needs to spend $900 billion annually on the military to maintain its dollar hegemony, enabling continued money printing to sustain its economic survival. This is the number one problem.
@@Goldenberg198 i don't know, ask democracy
@@KarimAhmedabdinasir I own you.
Think about it, two people running a race and all one of them thinks about is 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😢
They are doing the Tonya Harding trick
They still go around the world lecturing others.
China has been exerting its influence over neighboring countries for years, often encroaching on their territories and maritime zones. This is the reality of geopolitics. The United States and Western powers, in general, exhibit a considerable degree of kindness. The ability to criticize them extensively without apprehension speaks volumes.
“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.
US did the same thing to Japan in the 80's on vehicles. Japan is still ahead on vehicle quality and efficiency.
But Japan loses their semiconductors?
@@Jim-bp3lp Yes, forced transfer to Korea.
But China is neither Japan nor Korea
@@nechoji Way more powerful then either Korea or Japan, China ganna show US who the super power is.
@@Monkehrawrrr china's main advantage is that they have 1.4b people and a very developed country.
US launched trade war to japanese car in 1980s
and this action started the outsourcing trend, this outsourcing trend is still in effect today the american working class is the victim lasts for more than 4 decades
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 grew up in Kazakhstan, where we share a great border with China. And since childhood, mainly because of Russian impact, we have seen China as a potential threat. Then I studied in the US during 2009-2013 where the was a concept of Chinese evil everywhere.
But i started studying them afterwards: history and economics. Man, it is an amazing civilization (not a nation or country). It is a whole civilization. Historically they been making right decisions for the sake of the country and its future. Not for the sake of particular people. Hats off to China
@@kayrat_kakimzhan the greed is killing the usa .the greed has also build the idiot high debt. Result of the debt has for a great part indirect created the acttual situation
Interesting seeing China as a threat from Russian POV. It makes sense if it was Soviet.
Exactly
China is currently building trade route and economic belt in middle asia, which will boost up the development and economy there
Exelent....buth nothing for nothing all has a price.
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!
@@konstellashon1364exactly what happened after supply matched demand after COVID, prices were still kept high because that consumer used to it and it didn't bother them ,we only complained but did not do something about it, like not buying the product
There is a Chinese proverb：
吹滅別人的蠟燭、不會讓我們的光芒更加明亮
Blowing out other people's candles will not make our light shine brighter
And that is a great Chinese proverb!
As a Chinese, I don't know this proverb, but it's a great one!
@@canpeng5088
“吾辈处末世，勿以己之长而盖人；勿以己之善而形人；勿以己之多能而困人.”
We are living in the declining times of the world. Do not overshadow others with your own strengths. Do not make others feel inferior by showing off your own virtues. And do not make things difficult for others because of your many abilities.
@@canpeng5088 It is actually from Xi:
On March 15, General Secretary of the CPC Central Committee and President Xi Jinping attended the high-level dialogue between the Communist Party of China and world political parties in Beijing and delivered a keynote speech.
Xi Jinping emphasized that any country pursuing modernization should uphold the concept of unity, cooperation and common development and follow the path of joint construction, sharing and win-win. Countries that are leading the way should sincerely help other countries develop. Blowing out other people's lamps will not make you brighter; blocking other people's way will not make you go further.
now, you can cite it: Blowing out other people's lamps will not make you brighter; blocking other people's way will not make you go further. ---Xi Jinpin
@@canpeng5088为什么我知道？难道我是假中国人？
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. 😂
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.
I’m average American consumer, and my wage has been stagnant for decades, it can’t even keep up with inflation. Please convince me why I should pay a Chinese EV (if allowed imports into U.S.) twice higher with 100% slapping US tariff than its original Chinese competitive consumer friendly price with superb quality EV?! Government high tariff is designed to protect the uncompetitive slacker US industries.
Too bad American consumers can’t enjoy Chinese EV with extremely affordable price and superb quality that would kick Tesla to the curb.
So our government raises tariff in order to ‘protect’ the lousy and expensive and government subsdidized poorly made American made cars? Why should Americans be loyal to sucker plutocrats? Shouldn’t we encourage fair and fierce competition so we Americans can compete in fair ground and truly become better competitors instead of being spoiled by our government bail out and subsidies.
American protectionism not only it does not benefit American average middle to lower middle class consumers, it will make its industries LESS competitive in world markets, because they are expensive and lower quality.
High tariff creates the biggest losers which is the average lower end consumers.
If you believe Trump is doing work for average Americans, you are sold by his cheap lies.
He is working for Musk and Tesla.
You are correct on many accounts. I live in the UAE and I can say for sure the top Chinese EV brands ARE better than Teslas. Further, the tariffs not only make imports more expensive, US corporations are not going to undercut the prices of tariffed imports so in the end, the American consumers suffer.
no, porque china no permite que los productos estadounidenses entren a su mercado, es por eso que china es lo que es hoy dia, evitando la competencia extranjera en su mercado interno, pero compitiendo sus productos en los mercados externos, asi que si, trump tiene razon en aplicar un fuerte proteccionismo en estados unidos para mantener a estados unidos como una superpotencia, de lo contrario china se lo comera vivo.
Because China subsidizes BYD to an aggressive extent in ORDER TO UNDERCUT COMPETITION. China also subsidizes final products in order to keep more of the supply chain in their economy. But you all suggest we should just et them win and continue to sell out American jobs. During the Obama administration China proved to not follow our environmental/trade agreements while we did and then they took advantage of us following said treaty to grab up industry. You folks just don't understand prisoners dilemma here. Yeah obviously if everyone played fair we'd all be doing better, but if China isn't playing fair and we do nothing about it, what's the best choice for us?
Do you really think your phone would cost as much as it does if their phones weren't banned and hobbled?
The Chinese can endure hardship far better than the Americans!
Im not too sure about that, alot have become too spoilt
@@gmanlee575 Yes. A lot of millennial aged Chinese are soft as they only know how to withstand the stresses of individual competition. They do not understand how to handle the sorts of stresses that can only be managed collectively. In a crisis they will all crush each other as they stampede for the exit.
Maybe I don't agree with many opinions, but this sentence must be true🥲
@@gmanlee575
A small amount of their population but when you compare to US,We are lost.
What? China is facing a bleak future. The demographic cliff in China will be its downfall.
I believe in Chinese people to overcome the US, back then, China got discriminated in the space program and got kicked from International space station, so they made their own, if they can do that, then im sure they can overcome the US chip wars.
Jia you China!!
The lie,cheat & steal…THATS WHY…if they couldn’t steal others work they would be still living in the stone ages
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.
We'll hire American, buy American, built American, grow American, and show the whole world how expensive that piece of s... will cost.
Doesn't work . We tried that . Everything became more expensive.
😂😂Funny everthing Trump grifts, bibles, ties,
sneakers, watches, etc, etc all come from
China. haba.
Even when je built buildings he'd use Chinese
steel over American as cheaper.
The fools that
elected this liar.... haha
If domestic manufacturing is terrible and overpriced what's the smart thing to do with your hard earned money?!👀
@@osuk1 If that the case, American need to learn and improve.
@@norcaloutdoor5462tried . Didn't work
@@norcaloutdoor5462美国制造很简单让美元贬值并寻找新的全球货币。这是唯一的办法
As an ordinary Chinese citizen, I am pleased to see the decoupling policy from the United States because this strategy cannot isolate China; it will only isolate the U.S. China is the largest trading partner for the vast majority of countries around the world, and the Chinese market itself is large enough. After ten years of trade wars, the U.S. will lose access to global markets and be left with a domestically weak market.
China has plenty of their own issues too and we as a species still face problems like climate change.
@@Exiztential climate change is a joke,now ev is green for earth, but US EU refuse it. can you see a lot NGO mention climate now? only a tool to control deveoping country, ask them to pay green tax. but now , US and EU behind, they say climate change is not that important...
CCP BOT
look at China's current unemployment rate, haha
@@SAM-wz3hb haha. funny to see you angry look like .haha
A 200% tariff on all imports will make the cost of everything three times what it would be, 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...
(I edited my comment to remove an ambiguous statement -- I had said costs will become three times more expensive, which sounded like I meant in addition to the original cost.)
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 😢
Well I believe Americans government actions, makes China even stronger and more independent.
US is all about war, US sees everything as a war. China doesn't see things that way, China sees cooperation.
really then why are the young people in china about to over throw the goverment- let it rot
Not exactly. The USA needs to have enemies so they can justify what they spend on the military. Imagine the unemployment if they decided to reduce military spending by half. China does work in different way. When I lived there all the talk was about defending itself. Nowadays a lot of young Chinese refer to the USA as the empire and that is just the same as calling them the enemy.
@@ianmontgomery7534 you say USA is not an empire ?
@@whatever-s3e Yes it is but when I lived in China I didn't hear it called an empire but five years ago I saw it becoming common.
China doesn't know the word "cooperation". Didn't you see what China did to South Korea?
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.
But who do you think will invade Japan, with or without US regime's "protection"?
Actually, China did need and have the international order based on GATT, admission to the WTO, and protection of the US navy which safeguarded global shipping lanes.
@@guydreamr US Navy safeguarding global shipping lane? From who? It's more of the agenda to intimidate the shippings of nations that will not agree with the bullying by the US.
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!!! 😔
He's right that China doesn't have what the US have - an idiot for a president 🤣
Chinse government is run my officials with a brain, common sense and vision for its citizens. US government is run by........ at expense of citizens.
the steak is burning
haha
😂😂😂
I asked many Chineses who they wanted the US to elect for president. 90% of their answer was Trump because they believed Trump would bring chaos to the US.
Trump’s ultimate goal is definitely not to help the American consumers
It's to help American corporations and the rich to retain their power
he want to help us labor
@@joecommentator8534 We heard it from Bernie sanders Democrats who don't support the working class find the working class doesn't support them. I mean we atleast saw working class pay rise significantly during Trump's 4 years and then stagnate during Biden. People just want to afford groceries and all The Dems would do with power is blame SWM and keep selling us out.
To help his rich fellas, yes
idiots remain idiots...always... Trump is the best example...
Is there a difference between an idiot and a patriot?
Idiotic president is not a big worry as long as he listens to knowledgeable advisers. An idiot who believes he the smartest is the problem.
@sootuckchoong7077
Trump is neither of these things! Did you read what he said about the U.S. vets?
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.
Americans rich people are getting stronger while most Chinese are getting stronger due to the Trade war
It's not even American rich people because the tariffs cause price hikes which cause less sales.
National security ❌
National insecurity ✅
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.
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.
Instead of racking your brain over containing China, put some effort into trying to bring your own astronauts home first.😅
😂❤❤
best comment by now
Absolutely
Those astronauts are now on honeymoon.
No, it will be honey year by the time they survive to return back .
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
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.
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 ???
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
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.
Americans acting like US companies aren't stealing their data and selling it.
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.
@@henkdezwart9420 I live in Netherlands too long to say the Netherlands is lightyears ahead of nothing. Outdated infrastructure, low general education compare to my country, technological backwards, social benefits, healthcare on top of extreme high taxation.
European cars are literally on the way down, european big car companies are losing ground to almost everything, lost in the race for electric cars already. It's quite pathetic these Europeans still hold on to some sort of superiority complex but in reality it's uncompetitive place still living in past glory.
That is very true. US is not so strong in advanced chips as boasted. US only has control on some major players like ASML in the chip industry to hinder China's advancement in chips production.
MADE IN TAIWAN AND ISRAEL
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.
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?
@@pimpnamedslickback7780maybe trump wants to tank the US dollar so BRICS become the new super power? He has loyalty to no one except money.
If america is fully self sufficient then what is the issue
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 policy is protecting USA yesterday not develop USA future
He manufactures his sad cheap products in China; for example, his bible. Such a hypocrite.
YEP AND HE MADE A LOT!!!! ON IT
His wig is made in china😂
but sell price is not cheap...
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.
US politics: supress others to preserve dominance
Asia: more competition , more innovation
China has the right to do the same.
that will hurt everyone
One tries to develop. Another tries to pick fight 😂
“Contain China’s growth” To average Chinese this is saying “we just want you to stay poor labors”. This is exactly why US has lost all of its influence among Chinese people.
that fraud cant even save his own business
Lol
This fraud is clever enough to save himself from jail.
@@sootuckchoong7077
That's due to his attorneys.
so why he isnt in stet begging but president of usa.
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.
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.
How can the military industrial complex make money like this?🤮
The most beautiful word is DEBT. Keep printing those electronic numbers. It’s magical.😂
I buy Chinese its 80% cheaper. the world is buying Chinese now Americans will pay 80% more for the same product
Donald Trump who has bankrupted multiple casinos and businesses thinks he can fix the American economy. 🤣
🤣🤣🤣
better chance with someone who can actually answer instead of stating she's from a middle class family.
COPE
@@dylanp_ayz8016 You voted for a billionaire.
@@whoslisteningname me a president who wasn’t or didn’t subsequently become rich
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.
@@ShovelShovel 是的。那些中国有而别的国家没有的东西，是中国人复制外星人的。
Can you imagine you can't even produce your own underwear that you are wearing here in the US at an affordable price and now Trump putting tariff on other countries which will end up in retaliations and we the citizens will end up paying expensive underwear. Great idea.
$1.99 bras are now $39.99wtf
Tariffs never work...the US should aim at increasing the competitiveness of its goods and services rather than blocking Chinese goods
The most beautiful word in the dictionary is tariffs. Do not let Trump tell you that he never said that.
USA: nobody has what we have.
rest of the world: we do not want what you have.
If he believed that, he wouldn't need Tarrif 😂
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.
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.
You are absolutely right.
Trump has no idea of how this works! How embarrassing for the real Americans!🤦🏼♀️
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？
Short memory you have India ,Vietnam ,Tibet
@@尹白夜 锅当然要满清政府背一部分，外国侵略者背一部分，难道要中国人民背锅？
I hope Trump can wake up to senseless tariffs. Instead, invite China to be a business partner, let China build high speed trains, infrastructures, and revamp all manufacturing facilities in the US. In return, get China to buy all agricultural products & expensive high tech components to balance the trades. Work together, not fight each other.
This is common sense.
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!!!!!
The impact of this trade conflict continues to ripple through global markets, including the technology sector, and has been particularly consequential for companies like Samsung and other multinational firms that rely on global supply chains and international markets.
The tariff hikes significantly impacted industries ranging from electronics and machinery to agricultural exports also the economy/stock.
@@MuhammadJame-l9u tariffs were essentially taxes on American consumers, who faced higher prices for goods imported from China. Retailers and manufacturers also faced higher costs, and many passed those costs onto consumers.
@@jiangjianqing2799 understanding the nuances of the trade conflict and how it influences markets, sectors, and individual assets allows you to make more informed recommendations, sophie kathryn jones is the only advisor to capitalize on the ongoing trade conflict.
@@jiangjianqing2799 not only for americans economy traders, portfolio is overexposed to certain sectors, it can also ebalance the portfolio to reflect these risks and adjust to new market realities
America may go on increasing the tariffs on China. Despite higher prices, China pass on to American importers. Hence IPhone will cost $2,500 instead $1,200 now. Almost ALl electronics,digital, gadgets, electrical appliances, machinery, toys, household items go up in tandem. American people will bear the brunt increase, no longer enjoy affordable prices all these decades. American wages has stagnate since donkey years. Purchasing power shrink, middle class people naturally be downgrade life standards and quality. The bottom line is tariffs is a buzzword for politicians. Period.
China already predicted this outcome and has been preparing for the decoupling for the last four years. Surely the decoupling will harm China's economy growth rate by 1.5% But the effect is limited as China already build New bridges across the Global South which can replace US as agriculture products exporters while the increasing middle class are becoming Consumers for Chinese products.
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?
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.
As you sow, so you reap. The sin of USA is re-visiting upon them
All have sinned and fall short
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
US trying to keep China down is like trying to hold back a glacier.
9:03 "Nobody has what we have..." A crook for a upcoming president, yup, nobody except the USA has that!
The globe is not American...
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
@@OwenDunn-y4d CHINA??? 🤣🤣🤣 GOOGLE-------GLOBAL HUNGER INDEX SCORES BY 2024 GHI RANK
nonbody has 35trillion debt， that’s for sure
36 now
"Data shows that US-led controls had an unintended side effect. They forced China to become more self-reliant."
LOL
It's the roaring 20s and we are bringing back prohibition! Taking the backroads with a trunk full of $10k EVs, come take a peek at my basement dealership 😂😂
He might win a short battle with these tariffs but the USA will almost certainly lose the war,the only losers I see here is the American consumer who will ultimately pay the price.
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.
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
As long as the American people is ready to work harder, longer hours with no pay rise and higher grocery price.
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.
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
The American Empire is drawing to and end. Look at the Roman Empire, that's the same fate of the American Empire.
The joke is that Chinese goods are shipped to Mexico, then shipped to the US as Mexican goods.
Imagine if China retaliates by putting 1000% tariff on export of the cheap goods to America that Americans need everyday.
The American dream, can't see that happening any time soon.
Trump just doesn't realise that China has been around for 1000's of years trading everywhere...The US hasn't
Remind me which country has managed to reach the dark side of the moon AND has their own space station operating in Space. Also remind me which country CAN'T even get their own astronauts down from their own space station and hasn't been able land on the moon again.
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.
@@desertstar223 give me a definition of inflation… I’ll help, it’s the devaluation of the US dollar. Has nothing to do with trade. Looks like you need to learn economics
If I look at China I have to wonder if our current idea of democracy is the best?
USA is not a democracy. It's run by billionaires.
No it is not, read aristoteles. Or aristotle if you re english speaker
@ Socrates also wasn’t a fan.
Even China says this: every nation has its own historical context and a unique "best" form of governance. No other country's political system works in China, nor does China's system work in other countries.
It's almost like China is, relatively speaking, the adult in the room.
@ Well said
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.
@@Werkelijk this is true - american cars are built for american roads. European and Japanese cars are built for any roads.
The only thing USA really have are the digital services such as Google, Microsoft and other big tech. Europe could have developped their own digital infrastructures and become truly sovereign like China and Russia, but they choose to stay USA's vassals.
If you have traveled to China in the past five years, you will know that China is still developing rapidly. I entered university in 2018, and I disliked the cities in my hometown province for being too backward, but this year they built a central business district and a brand new city that is no less than Chicago,LA...., designed by SOM Design of the United States, and the city will open 3-4 new subway lines in the next three years. This shocked me, although it may be the end of the era of large-scale infrastructure in China, but to be honest, even as a Chinese, I often underestimate the development speed of many cities.
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.
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
@@Segura-x4k Systemically targeting foreign owned property is actually unconstitutional
@@Segura-x4k And land tax would also result in raised rates on consumers.
china is opportunity(facts) , not a threat (illusion), American will continue loss year to year until one day, she realize and accept the actual fact.
Yes
Charge more ❌
Tarifs ✅
Viva China 🇨🇳❤🇲🇽
China has 4x the population of the United States.
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?
Your costs went up (have a look at washing machines and associated dryers) and your government has to subsidize your farmers to stop them going bankrupt.
So sure ...
The Trump administration ended up having to subsidize the farmers to the tune of 23 billion and things like washing machine prices went considerably up. Just because you dont read does not mean its reality.
Thank you Bloomberg for not being a MAGA supporter🎉
it’s in the name ‘berg’ lol