China Likely to Strike Back at New Tariffs, Ives Says
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- เผยแพร่เมื่อ 9 พ.ค. 2024
- Dan Ives of Wedbush Securities says China is likely to strike back if the US hits it with new tariffs on electric vehicles. He's on "Bloomberg Surveillance."
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America slowing down human progress for their selfish reasons
Lol, no more free trade when the US can not compete...time to switch to 'rule based order'🤣🤣🤣
China is stealing technology left right and center and the state supports every company.
It was not free trade before
China has 40% tariff on imported autos, they subsidize their auto sector w cash, etc.
@@Mrbfgray And yet German and Japanese cars dominated the market.
@@zackchow6669 Tesla, BYD and other other Chinese brands dominate. German and Japanese brands *build there* just like Tesla, not subjected to tariffs for cars built in country.
@@zackchow6669 How many brands are built in the USA? Dozen or so maybe? VW, Toy, Honda, BMW....
We love china from Sweden
Missing your home country?
Everyone who loves peace . Loves china
The China just launched a Sweden instrument to moon with their Chang'e 6 moon lander. Hope we will see more cooperations between the two countries.
that's surprising, i thought Sweden was one of the most anti-china EU countries
In a sudden, free Market is alien for Americans. 😂
Free market until they start losing then they ban it
They make the rules they break the rules and we are just spectators. 🙂
I love China and all the people who love peace.
If I’m China, I’ll leave Tesla alone but put a massive tax on Ford and GM
no need to so so, even Tesla is barely surviving in the Chinese market due to the intensive competition
@@Sep-ty9hlTesla has a massive factory. They aren't exporting cars from the USA to china but are made there
Tesla isn't going to be #1 or #2 but #3 definitely. Even ice giants like SAiC in china can't beat Tesla but byd sure
Tesla are loosing market because China is upgrading cars at stupidly high speed, just look at the Beijing car show this year. A lot of cars are much more expensive then Tesla, it is still taking shares of the market off Tesla.
It doesn't work like that, but they have some 40% tariffs on ALL imported cars to China.
Talk Less and do directly….
Isn`t it Ironic that all of the defenders of "Free market capitalism " including Elon Musk, have suddenly become staunchly in favor of protectionism? I guess when competition becomes tough the
tough cry for HELP!?
Musk directly commented on this and referred to by media sources many times; I'm surprised you're completely uninformed on it...and yet make such strong comment. If nothing else, it reveals your strong bias.
Tesla, Apple, Facebook, you name it, they're all the same. They are all strong supporters of free market while doing business in foreign countries, but it's a completely different story when they are facing strong competition in their domestic market.
Apple urge US government to ban Huawei so not exactly strong supporters of Free Market 🤣
@@jimmychoi5219Just remember . Usa is the only nation that uses sanctions and tariffs to halt global growth
well we are not free in usa sadly
We lost our freedom of speech, freedom of expression and protest.
And now our senators are threatening International courts as well
Source : times of israel
the U.N.'s top human rights body on Thursday voted down a proposal from Britain, Turkey, the United States and other mostly Western countries to hold a debate on alleged rights abuses against Muslim Uyghurs and other ethnic minorities in China’s western Xinjiang region.
At the 47-member state Human Rights Council, 17 countries voted in favor, 19 were against, and 11 abstained in a vote to hold a debate on Xinjiang at its next session in March. The vote amounted to a test of political and diplomatic clout between the West and Beijing, and would have marked the first time that China’s record on human rights would merit a specific agenda item at the council.
😂😂😂 American can’t compete with china .
Plastic fantastic. I know I wouldn’t buy a copy Rolls Royce. There’s only one EV maker that’s any good .
@@mylimomelbourne4757 American car companies are taking apart Chinese ev’s right now trying to reverse engineer them… lmfao you don’t know sht bro
If you can't compete with them, ban them.
@@mylimomelbourne4757
Waiting for proof
Yes and so they sanctions China which will backfire back to them even more
😂😂
So now no globalization because west is loosing 😢 no fair 😢 double face west
More expensive EVs for Americans please, surely they can afford it
Americans do have money for things, and nothing for retirement. 😢 They buy expensive full size picks at $60K plus, dodge Hellcats at $100k, and Cyber Trucks at $120k.
I doubt if China will return the favour with tariffs. They produce twice as much as America and export to America way more than the other way around. I think they do return the favour, just not in an obvious way. Noticed how China was not panic by the sanctions or tariff. In contrast, America is throwing anything at China and hope that something sticks, that says a lot
China should instead apply national security reviews on all "dual use" exports to the US. Gallium and Germanium were the first, but not the last.
This is why china is best
Tit for tat! Tit for tat!
USA Taxes Chinese auto 100%;
China taxes American auto 100%. Lets go!
Tesla builds in China, Chinese ev's are imported... not the same thing
American cars are less competitive and Chinese wouldn’t import American Cars.
The Chinese aren't interested in American autos, so tit for tat in the automotive sector is pointless. China would do far better to ban exports of "dual use" technology on a tit-for-tat "national security" grounds.
There’s no interest on GM and Ford, so don’t waste ammunition on retaliation
china targets american junk foods...
China have their own markets by itself
The US forgot that China has 1.4 billion people with a huge sizeable chunk of them in the middle class and above.
Fine, China doesn’t even sell any EVs to the US. In return, perhaps Chinese airlines should stop buying from Boeing altogether. Let’s bet who hurts more.
Huawei is banned in the US but Apple operates in
China, BYD is banned in the US but Tesla is in
China, the US also bans China from buying chips
that are in the US monopoly and many more
Airbus is better
Seems like one is communists and one is dictatorship. 😂😂😂😂
@@jsyo9639 Excuse won’t get you very far.
actually chinese airlines are reducing purchase with boeing... they signed huge contracts with airbus
Go and look for video in Beijing car show, there is no point arguing over innovations. By this point China has already over took US by a very long shot.
Kevin Williams
I went to China, drove more than a dozen EVs, and sat in dozens more. Had a lot of conversations, learned a lot of things.
One thing's for sure -- we're absolutely cooked, and it's probably our fault. China's EVs are better.
"After seeing it with my own eyes, I finally understood why Chinese independent brands are so popular among so many people. This made me a little embarrassed, (because) I tried to understand that the exclusion of these Western brands from the Chinese market was due to political factors, not It's their own fault, but what I've seen with my own eyes is that while China is trying to make progress, we just keep complaining."
what western brands are excluded in china?
China should put up tariffs on all imported US consumer products.
china just do a national obesity target on junk food.....
Lol. Funny that Americans think only their market matters 😂
White man maths. If I hurt you please don't do same to me
Another example: You need to beg me to do me a favor.
More like black man math. I am black by the way
@@xfactor6099 no you are not stop lying🤣
@@hamedismaeal1288 yes I am. Nigerian by the way. I am definitely more black than you. I know you will have at least 25-50% white in you.🤣🤣🤣. That will make you tainted 🤣🤣.
You ain't no black race of mine.
If I'm policy maker in China I would just do nothing. The Chinese EVs are very competitive in China and Tesla is barely holding ground. The Detroit ICE cars are almost gone. There is honestly no need to make any policy change and U.S. cars are being shown the door by market right now anyway. Just let Detroit hide comfortably behind the tariff and grab the rest of the world. The only people missing out are just U.S. consumers.
Fun fact
There are no chinese evs in usa . So they imposed a tax on cars that are not even sold in usa
Luckily i bought mine over an year ago .
also japanese car brands are exiting china.... they have no EV to offer
@@fatdoi003 not only that . There cars are not as good anymore
No brainer that USA would protect its market by tariffs.
China would then blocked the USA exports by tariffs.
It goes in circles.
Do you seriously expect Chinese to rush to Starbucks to drink its coffees?
They would be patriotic and drink less.
They would also buy less USA products.
Just remember . Usa is the only nation that uses sanctions and tariffs to halt global growth
well we are not free in usa sadly
We lost our freedom of speech, freedom of expression and protest.
And now our senators are threatening International courts as well
Source : times of israel
the U.N.'s top human rights body on Thursday voted down a proposal from Britain, Turkey, the United States and other mostly Western countries to hold a debate on alleged rights abuses against Muslim Uyghurs and other ethnic minorities in China’s western Xinjiang region.
At the 47-member state Human Rights Council, 17 countries voted in favor, 19 were against, and 11 abstained in a vote to hold a debate on Xinjiang at its next session in March. The vote amounted to a test of political and diplomatic clout between the West and Beijing, and would have marked the first time that China’s record on human rights would merit a specific agenda item at the council.
Do you know why BYD is cheap ? Because they produce all parts for vehicles. All their subsidies produce all parts autonomous. Close circuit all sulking chain they own. So of course is cheap. No any other automaker in the word can do that except then.
Really? Tariffs only? Americans, show me your high-tech innovation and entrepreneurship. We Chinese are not afraid of tariffs. Show me the smarter way❤
Hypothetical question- What stops CCP from forcing a sale of Tesla China business after US tiktok ban / forced sale?
There can't be such a forced sale. It's against the local market.
They won't do such things like that. Their politicians are not as radical as US's.
Algoritma Tik tok jauh lebih hebat dari pada media yutup , instagram , milik barat itu nilai positip yang di Incar barat. 😂😂 kalian jangan berlagak bodoh. Tesla tidak terlalu berharga bagi China, Tesla kalah segalanya dari BYD dan tidak layak bagi China. 😂😂 Amerika di segala bidang telah menjadi pecundang 😂😂
Nope. China is not US. China will never play by US dirty book.
Because competition is too much important for innovation. If you kill competition in an industry, then your industry will die. Look at big three car companies of Detroit, they are basically local companies now as USA government has protected them with all cost.
China will not do such stupid acts
Isn't cheap EV good for consumers? Why would anyone want to cut off cheaper China EV to buy much more expensive EV?
Agreed . But usa hates competition
It's not good if it leads to local factories to close down
@@millevenon5853 this is called, capitalism invented by the west.
@@millevenon5853 The US can produce expensive electric cars that rich people all over the world can afford, such as Lucid, Tesla Model X and S
@@millevenon5853 , and it leads to other foreign factories to open up, hence creating more jobs for the locals.
>cheaper prices for the consumers
>new jobs created via more competition entering the country
Even today there is no indigenous Chinese brand in the US selling Chinese EV. Yet US is threatening with tariff on Chinese EV import that has not even existed.
What is known that every American car manufacturer are selling cars in China and have factories in China. So US can sell cars to China but not the other way round.
When you slapped him, why didn't you consider that he would also kick you?
could be the final nail in the coffin for GM, Ford market share.
Nvidia, AMD, other tech companies.
McDonalds, Pizza Hut, KFC, etc.
Who doesn’t want to pay less for anything. The quality of life in USA is definitely gone down.
China is not gonna retaliate against Tesla, everybody grows up please. Sad to see how US is in such an insecurity stage.
In the EV space, China is in a league of its own.
America not getting Chinese EVs at affordable prices will be America's loss. If you ever visit a large Chinese city where majority of the cars are EVs it is an experience to behold. The once smogy city is replaced with blue skys and clean air and whisper quiet streets.
Just ask the politicians, is tariff worked since Trump imposed it in 2017😅
People should not get upset over 100% tariff on imported EVs only because the US cannot compete with their colleagues in China. The 100% tariff is really NOT that bad. As a matter of historical fact, a lot worse could happen as well.
People should be able to recall that not long ago, the US kidnapped the CFO and the daughter of the founder of the company they cannot compete with. And the funny part is that the US had their 51st state Canada do the dirty work of kidnapping the CFO of that company at the transit (legally NOT even within the territory of Canada) in the Vancouver International Airport. 😅😅😅
They sure will strike back
“Insanity is doing the same thing over and over and expecting different results.” - US
love the shirt
Hopefully NIO comes to the US soon! BaaS would be awesome to have as an option.
Not just the prices but their QUALITY
Beats the US Tesla at cost efficiency
Ask yourself if the world wants to buy stuff made in America or made in China 😆🫠
China of course. Better in value. China these days offer higher quality products with a lower costs.
Made in china every day
Nothing made in usa
who wants to fly in a boeing?
Tesla market share in China is declining rapidly.
ICE car sales in China is DEAD
China EV already almost ban by US, it make little difference, but in the other hand US auto brand is can still sale in China. China may put higher tariff in US auto. China had nothing to lose. 😂😂😂😂
Huawei is banned in the US but Apple operates in
China, BYD is banned in the US but Tesla is in
China, the US also bans China from buying chips
that are in the US monopoly and many more
u.s banned chinese phones but brands like huawei, xiaomi, oppo, vivo are selling really well.... now not everyone looks to u.s market to make money
if you thought things were getting expensive. just wait.
importers pay the price for the extra tariffs, Chinese companies does not pay it.
Apple is already losing 13% market share in China to recovering Huawei in China.
retaliatory tariffs on all American car brands, Apple, Tesla, etc. could be huge, when their market share in China is already falling. not to mention Nvidia, AMD, and other US technology brands.
I did not even mention American food brands, McDonalds, Pizza Hut, KFC, etc.
This is why usa is dying .
China worked and developed
Usa is busy selling wars
Fun fact
There are no chinese evs in usa . So they imposed a tax on cars that are not even sold in usa
Luckily i bought mine over an year ago .
Tariff is a sign of desperation saying "I can no longer compete"
Wish I could have a 10k china car but nopeee.
taxi drivers get incredibly little money in china... and Tesla thinks they can make a lot of money on robotaxi there... come on man LOL 🤣
No China won’t do anything, it’s one of the toughest competitions I’ve ever seen in my life regarding the EV’s, Tesla won’t survive much longer there let alone GM and Ford
Soon China will increase their passenger plane production for domestic purposes. Then Boeing and Airbus are going to be in a lot of pain.
boeing will be the biggest loser for sure
Too late.😂
BYD Buses, batteries, and components are already worldwide.
MG, Volvo, Polestar are already Chinese owned and Chinese made in the world market.😂
oh you poor 1%ters
Who is free market? Any Chinese in China available buy Tesla and iPhone, how about American ?
There is no battleground, Chinese Companies have Won! We need to be happy & move on!
*Let them drive the price down as low as possible & we build the next thing, if we can think of what's next!*
*But sadly, this will be repeated in everything, they're simply better capitalists & have a better Democracy!*
While we protect & focus on the Rich & their Businesses, China focuses solely on delivering for their people! That's what Democracy is all about.
The public has been waiting four years for car prices to come down. The one thing that could bring down the greedy, other Gods, car prices is cheap china cars and now tariffs heaped on the poor and middle class’s only hope.
Tariffs starbucks & Mcdonald
REALLY !!! 🙄
The US puts 100% tariffs on $0 Chinese EV import, and China can put 100% tariffs on $0 US cluster bomb import, then we are all even :D
Can you say Smoot Holley Tariff Act
Policy and Economic Interdependence between USA and China...
China would impose tariff for all US products, including fast foods to swing business to local made products. All rare earth export to increase more tariff and lengthy time to approve to slow down US productions.
Fast food is produced locally, so there's no point to tariff it. China would instead target sensitive "dual use" exports like Gallium and Germanium - things that affect the US MIC.
china loves teslas
Just for now
Not anymore. Sales are down YOY.
@@dfv671 were down
They loved Tesla, I am not so sure about now.
@@dgaz3057 china trades usa fights
Subtitles: "Sell Tesla"
Tesla would be last to worry. However US auto makers will suffer hard in China.
These policies strike at the consumer directly, you'll see the results soon.
>prices for EV's will stay high/keep rising
>no more "competition" , hence no lower prices/costs, reduced innovation
>no more diversity in products
Out of
Teslar GM Ford
Elon mention US auto needs tariff to survive.
Of course GM and Ford lobbies for it that makes all three.
Teslar might be saved if he employs lots of Chinese. But not GM and Ford.
China might respons to the sanction by imposing similar tax on them.
Of course the US doesn't want china coming over and selling their cars. US automakers know full well that they can't compete with them and if they tried their margins would evaporate. Cars/Suvs and trucks are way overpriced in north america/Europe compared to china. While quality may still be a issue with some new chinese car manufacturers, they will get better and seeing that's the only stereotype that is left to overcome then it will be game over if US auto doesn't start learning to manufacturer compelling good quality cars at affordable prices.
China has been building BMW, Mercedes, Audi, Buick, and Tesla luxury cars for decades. China knows how to build a car that meets the highest standards for safety and quality anywhere in the world. If China exports to the US, Americans are going to get EVs that are better-built and more affordable than most of what is currently sold in the US domestic market.
Actually chinese cars are better quality then usa cars
One more covid then… it all started with Trump tariffs
Is the world still flat, Tommy boy 😂
Data info
Ford jv China has only few thousand workers.
But GM jv China has 50 k plus workers.
Imagine their EV industries maybe able to accept more workers (exporting cars to meny other countries besides US)
China is likely to slowly and surely squeeze GM off the block....
For Ford China it might be on the door out by now...
A gradual process. ..
What your guess .. comment please ..
The narrative by the interviewer is provocative, using words like chinese good are cheaper imitations of western goods. Grow up
Game of thrones?
Can sell to russia iran and north korea and pakistan
The United sanction of America
What kind of accent is that?
Plastic fantastic. I know I wouldn’t buy a copy Rolls Royce. There’s only one EV maker that’s any good .
Just remember . Usa is the only nation that uses sanctions and tariffs to halt global growth
well we are not free in usa sadly
We lost our freedom of speech, freedom of expression and protest.
And now our senators are threatening International courts as well
Source : times of israel
the U.N.'s top human rights body on Thursday voted down a proposal from Britain, Turkey, the United States and other mostly Western countries to hold a debate on alleged rights abuses against Muslim Uyghurs and other ethnic minorities in China’s western Xinjiang region.
At the 47-member state Human Rights Council, 17 countries voted in favor, 19 were against, and 11 abstained in a vote to hold a debate on Xinjiang at its next session in March. The vote amounted to a test of political and diplomatic clout between the West and Beijing, and would have marked the first time that China’s record on human rights would merit a specific agenda item at the council.
Buy American! Support our country!
China competes by not following rules. Subsidizing, currency manipulation, MRTPC violation, human rights violation, cheap labor or blood labor, etc makes chinese product undemocratic and manipulated.
A failed China hater🤭😁😄
FJB, TRUMP 2024🇺🇸
Both should apologise to china
It takes punishment to change the Chinese🇨🇳 regime's behavior. Diplomacy won't.
Sure, wishful thinking 😂
Hey Mr Chang Bot, I see you posting a lot of your hilarious propaganda everywhere!! Go home
Punishment? Where have you been the last 10 years? Xi went to Serbia to give a polite warning to the West. He more or less told everyone the bombing 25 years ago will never happen again. If the US is still all powerful, they would have dismantled all the Chinese made South Sea islands years ago. Or their threats would have stop the Chinese finishing them. Now those islands are armed to the teeth. Good luck. Especially with a fleet of old warships.
cry more! it'll hapen. ha................................................................... loser!
Hello Mr Chang 😂😂
chinese EV are not mainly targeted at US market so sanction could not be effective.
China should just ban all American made products. Get european brands instead. A win for Europe and China
Problem is America doesn't make anything at all except for radical and imbecilic politicians.
@@hermesliteratus882Just remember . Usa is the only nation that uses sanctions and tariffs to halt global growth
well we are not free in usa sadly
We lost our freedom of speech, freedom of expression and protest.
And now our senators are threatening International courts as well
Source : times of israel
the U.N.'s top human rights body on Thursday voted down a proposal from Britain, Turkey, the United States and other mostly Western countries to hold a debate on alleged rights abuses against Muslim Uyghurs and other ethnic minorities in China’s western Xinjiang region.
At the 47-member state Human Rights Council, 17 countries voted in favor, 19 were against, and 11 abstained in a vote to hold a debate on Xinjiang at its next session in March. The vote amounted to a test of political and diplomatic clout between the West and Beijing, and would have marked the first time that China’s record on human rights would merit a specific agenda item at the council.
Americans Chicken Back Again
the worst part of it is that cn doesn't need to! ha..................................................