China more prepared for U.S. tariffs than in 2018, says Genco CEO

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  • เผยแพร่เมื่อ 4 ธ.ค. 2024

ความคิดเห็น • 204

  • @simzmula
    @simzmula 21 ชั่วโมงที่ผ่านมา +161

    American greed is the problem

    • @Yochemm
      @Yochemm 20 ชั่วโมงที่ผ่านมา

      It is already too late for excusses, the world is aready changed more than most peolpe know in the US.
      China is pricking every hole they see of the United Stats of America, they peel it all off like an onion.
      And finally they will break the Dollar(system).

    • @darthvadeth6290
      @darthvadeth6290 16 ชั่วโมงที่ผ่านมา +21

      American global imperialistic hegemony is the problem.
      Other countries have the right to rise and create better lives for their citizens.
      But the rise of other countries is seen as a threat to America, in the same way that slaves who free themselves is seen as a threat to their masters.

    • @timothychung4811
      @timothychung4811 6 ชั่วโมงที่ผ่านมา +2

      Both play hand in hand. Hegemonic behaviors are to dominate. Why dominate? GREED as taking all is DOMINATE.

    • @SaretGnasoh
      @SaretGnasoh 4 ชั่วโมงที่ผ่านมา

      @@timothychung4811 what do you mean with both.
      USA is cleary the bully in here

  • @BrandyHeng007
    @BrandyHeng007 16 ชั่วโมงที่ผ่านมา +97

    US need China more than China need US 😅

    • @ezzzz138
      @ezzzz138 8 ชั่วโมงที่ผ่านมา +10

      One prints money to buy stuff, one works hard to produce stuff

    • @BrandyHeng007
      @BrandyHeng007 8 ชั่วโมงที่ผ่านมา +4

      Printing costs is dirt cheap.
      Money "easy come , easy go"

  • @SimonSeow
    @SimonSeow 22 ชั่วโมงที่ผ่านมา +169

    Soon Brazil doesn't have to go through Panama with Chancay Port in Peru now in operation.

    • @RandySnarsh
      @RandySnarsh 21 ชั่วโมงที่ผ่านมา +5

      The mountains of Peru are hugh and you need to pass them to get to Brazil.

    • @futo
      @futo 21 ชั่วโมงที่ผ่านมา

      Exactly, that's what I thought...??? typical narrative to paint that US will benefit from the hindering long route without any mention of the Chancay Port, when this is now resolved when everything is shipped to Peru via rail or trucking

    • @Yochemm
      @Yochemm 21 ชั่วโมงที่ผ่านมา +5

      @@RandySnarsh Mountains are no problem for the Chinese...

    • @onetwothreefour-s1n
      @onetwothreefour-s1n 21 ชั่วโมงที่ผ่านมา +19

      ​@@RandySnarshyes, the road is being widened for trucks. It's the interoceanic highway. The road is from 2011.

    • @onetwothreefour-s1n
      @onetwothreefour-s1n 21 ชั่วโมงที่ผ่านมา +1

      Great stuff!

  • @xinyiquan666
    @xinyiquan666 17 ชั่วโมงที่ผ่านมา +61

    china is better perpared is because it diverse its export to other nations, this year, US market only accounts for 13% of china's total export, like 2 times lower than 2018, the US is not even top 6 trading partner of china any more, having said that, china's export to US will keep growing, because many chinese manufacture moved to vietnam or mexico or other place , also every product today no matter where to be built, are made up with mostly chinese parts and materials, so china will be always only winner

    • @srappytrex3946
      @srappytrex3946 17 ชั่วโมงที่ผ่านมา +15

      There will be no impact on China's trade, some third country will buy from China and sell to the US with a handling fee. I am 100% sure US customers are the one to pay the price. The thought of putting up 10% would impact China's export is a simple minded, almost naive.

    • @cheungchingtong
      @cheungchingtong 6 ชั่วโมงที่ผ่านมา +2

      No more Made in China, but Made in PRC and Assembled in Vietnam/Mexico/etc etc. The Made in PRC trick is always my favorite. Lol

  • @gamaigia9270
    @gamaigia9270 12 ชั่วโมงที่ผ่านมา +21

    China is more prepared for the imminent tariff hike. Are American people prepared to pay more than they should due to tariff hike?

  • @eggheadegghead
    @eggheadegghead 18 ชั่วโมงที่ผ่านมา +86

    Let me get this straight, this male host’s question is does Chinese ships go through the Panama Canal when they ship soy beans from Brazil to China? So, is he thinking something that the US is going to attack commercial shipping lines like what pirates do? Is the major media in the US instigating an actual war with China?

    • @remix-yy1hs
      @remix-yy1hs 16 ชั่วโมงที่ผ่านมา +24

      These people are sick

    • @frankm6218
      @frankm6218 16 ชั่วโมงที่ผ่านมา +31

      This is not the first time they talked about attacking Chinese commercial ships and yes they are worse than pirates.

    • @IMGreg..
      @IMGreg.. 16 ชั่วโมงที่ผ่านมา +5

      No, he probably thinks America was still in control of the canal and might close it to China.
      But that's not the case.

    • @hengongchua6250
      @hengongchua6250 15 ชั่วโมงที่ผ่านมา

      ​@@frankm6218, seriously looking at them no matter how educated they are, they still have the old wild west cowboy mentality.

    • @Liboch
      @Liboch 15 ชั่วโมงที่ผ่านมา +5

      I think there is a new deep port in Peru. Brazil can just use the port.

  • @xinyiquan666
    @xinyiquan666 17 ชั่วโมงที่ผ่านมา +55

    the host tried to imply the brazil could not supply enough soybean to china because of canal ,, it has other route, this guy probably never heard Atlantic ocean, also he does not knw china does not depend on any place for soybean or any food, china is world largest food producer ,it has way enough food, china imports soybean or maize only for oil and cattle feed, it is not food, china itself is one of largest soybean producer in world, soybean is not a nessassry for china, china could stop using it for oil or cattle feed, it has many other alternative all the time, also china has supply from all other place in world from russia and central asia and aganitna and east eruope and south arica,,,,,,, and china never depend on anything from US, even the soybean ,that only accounts for like 1% of its total consumption for cattle feed and oil

    • @DonnellChester-xd7yg
      @DonnellChester-xd7yg 13 ชั่วโมงที่ผ่านมา +10

      He didn't want to break the bad news,the port of Peru and agriculture from Brazil means the end of US agriculture sales to China 10's of billions of dollars

  • @ladygracienyc2029
    @ladygracienyc2029 19 ชั่วโมงที่ผ่านมา +52

    More products will be assembled in other Asian nations like Vietnam. But most of the components still come from China. If that is considered "winning the trade war" then I'm not sure why we bothered fighting to begin with

    • @Juliesotimi
      @Juliesotimi 17 ชั่วโมงที่ผ่านมา +3

      first, when factories move out of China, chinese workers will lose jobs. Because they lose jobs, they don't have as much income (the unemployment is increasing sharply in China now), so china cannot boost consumptions (evidenced by falling prices and the switch to low price goods in China now) so their GDP will shrink.
      Second, there are rules of origin of goods. If components are not locally manufactured in other countries at certain percent, the goods will not be considered made in that country. So these rules can eventually causes "made in china" to dwindle even more.

    • @tuesdae666
      @tuesdae666 17 ชั่วโมงที่ผ่านมา

      Because it’s to manufacture an issue to win votes.

    • @aaronl5826
      @aaronl5826 17 ชั่วโมงที่ผ่านมา +11

      @@Juliesotimithat kind of transformation happens china all the time. you dont see that many ppl work in clothing factories today as 20 years ago. jobs may have been replaced by electric device assembling, or energy related which was not there 20 years ago.

    • @rogerstarkey5390
      @rogerstarkey5390 17 ชั่วโมงที่ผ่านมา

      @@Juliesotimi
      First, Search "Belt and Road"
      There are 150+ countries waiting for the link from China, through the Middle East, across Africa, then across to Brazil, across South America and back to China.
      It's going to happen sooner than you think (and just btw, why do you think USA is egging on Israel to attack Iran? look at the map)
      "Made in China" won't be a problem. they will set up factories throughout the collective to mine materials and build product. those factories will need Chinese components, engineers, scientists, and workers.
      The Belt and Road countries could also be called "The Global South" which should really be called "the Global MAJORITY" (As in well over 80% of the Global population).
      (Nearly forgot, Afghanistan just signed a "Zero tariff" agreement, which means they will get an upgraded road/ rail link. Again, that's why Iran is so "popular".

    • @Freedmen-American-Reparations
      @Freedmen-American-Reparations 17 ชั่วโมงที่ผ่านมา

      Just like the nature of sub-arctic Western euros. These people want to destroy a nation's economy because they can't compete. Typical sub-arctic westerner behavior 🙄 😒

  • @dfv671
    @dfv671 16 ชั่วโมงที่ผ่านมา +21

    Printed paper for actual Chinese goods. What a country we live in.

    • @PerfectOkugbo
      @PerfectOkugbo 3 ชั่วโมงที่ผ่านมา

      What a world we live in thank God for BRICS

  • @samshi4177
    @samshi4177 15 ชั่วโมงที่ผ่านมา +22

    Eventually China as the biggest single country will totally ignore USA or even the whole North American.

    • @bolu7971
      @bolu7971 12 ชั่วโมงที่ผ่านมา +1

      高估我们了😂,但是发展中国家共同合作,我们的未来也是光明的

    • @timothychung4811
      @timothychung4811 6 ชั่วโมงที่ผ่านมา +2

      Further to this, the US's allies are starting to riff with the US, so the US might be isolated.

  • @hawkychg3930
    @hawkychg3930 14 ชั่วโมงที่ผ่านมา +13

    The questions needed to ask first and foremost, who started all these tariffs+ sanctioned? Who created all this chaos in the supply chain?

  • @Dave-zl2ky
    @Dave-zl2ky 15 ชั่วโมงที่ผ่านมา +14

    It is too bad that the American consumer is not prepared to pay the bill.

    • @kevinjohnson9533
      @kevinjohnson9533 10 ชั่วโมงที่ผ่านมา

      As an American let me tell you that everything Big Bad Trump is preparing to do to China is going to rebound and hurt not only the American's who voted for him but destroy his Presidency to boot. Biden vowed to make the '' ruble into rubble". Sanctions, confiscation of Russian assets, cutting Russia from Swift BACKFIRED and strengthened Russia exacerbating inflation in America and destroyed the Biden Presidency. Someone said in China people are saying " Trump will make China Great Again". LOL . They are right.🤣

  • @Yochemm
    @Yochemm 22 ชั่วโมงที่ผ่านมา +36

    A free advice to Mister Trump from The Netherlands, "get a BRICS member!!".

    • @WTF-204
      @WTF-204 20 ชั่วโมงที่ผ่านมา +7

      Trump acts like a child, and should be called Master Trump!

    • @adesinapaul9238
      @adesinapaul9238 18 ชั่วโมงที่ผ่านมา +3

      A few advice for you save up because the Cold War has begun

    • @Yochemm
      @Yochemm 18 ชั่วโมงที่ผ่านมา +6

      @@adesinapaul9238 But this will be short-lived. The EU is slowly starting to talk more with China, Scholtz and Macron have already visited and Van der Leyen will eventually see no other way out than doing business with China or going bankrupt...
      Germany, France, Italy are the 3 largest countries and all three are doing badly to very badly economically!!!

    • @adesinapaul9238
      @adesinapaul9238 18 ชั่วโมงที่ผ่านมา

      @ eu and USA are completely different eu has completely giving up the manufacturing capacity and don’t care anymore more than cheap things from china to survive Europe a former manufacturing industry now only farmland that produces wine,wheat they have.

    • @srappytrex3946
      @srappytrex3946 17 ชั่วโมงที่ผ่านมา

      @@adesinapaul9238 I think you are cold waring to everybody in the world.

  • @cherubimcherubim9515
    @cherubimcherubim9515 13 ชั่วโมงที่ผ่านมา +13

    Stop wishing to decouple, China may make your wish come true.

    • @AlexandruTanasov
      @AlexandruTanasov 3 ชั่วโมงที่ผ่านมา

      It's all a lie to raise the price's!!!!!

  • @DonnellChester-xd7yg
    @DonnellChester-xd7yg 13 ชั่วโมงที่ผ่านมา +9

    It won't be going thru the Panama canal any longer when there's more profit shipping from Peru and nearly 1/3 savings in time

  • @saellenx3528
    @saellenx3528 23 ชั่วโมงที่ผ่านมา +36

    Tariffs never ended, just continued with Joe.

    • @cinpeace353
      @cinpeace353 14 ชั่วโมงที่ผ่านมา

      That's the only way to add sales tax without actually saying adding sales tax. 😅

  • @cherubimcherubim9515
    @cherubimcherubim9515 13 ชั่วโมงที่ผ่านมา +11

    China has announced export restrictions on rare minerals and metals to the United States. The products, such as gallium, germanium and antimony, are so-called dual-use items, which can be used in the production of semiconductors and also for a wide range of military and technological applications.

    • @MJ-revered
      @MJ-revered 11 ชั่วโมงที่ผ่านมา

      Bot

  • @Freedo1234
    @Freedo1234 9 ชั่วโมงที่ผ่านมา +3

    China should ask people to boycott us product

  • @Maimonides19
    @Maimonides19 8 ชั่วโมงที่ผ่านมา +2

    America isn’t as dominant in the world as it once was. China has an economy just as large as America and PLENTY of room to grow, America is increasingly a pariah state

  • @AlanXuHK
    @AlanXuHK 13 ชั่วโมงที่ผ่านมา +3

    The host is suggesting 'they' might block the canal to stop the flow of Brazil soy beans?

    • @kevinjohnson9533
      @kevinjohnson9533 10 ชั่วโมงที่ผ่านมา

      And in retaliation China will block my Shein and Temu orders! That's just GREAT!!!!

  • @NoFrillz-G
    @NoFrillz-G 13 ชั่วโมงที่ผ่านมา +2

    They not stockpiling but they found a more reliable source.

  • @musiclover-uv9ff
    @musiclover-uv9ff 18 ชั่วโมงที่ผ่านมา +4

    Good gosh!! Stop interrupting the speaker

  • @qasiemludwig1946
    @qasiemludwig1946 20 ชั่วโมงที่ผ่านมา +2

    Guys companies has sold the masses out for profits, yet those people made these companies Rich.

  • @eddy5380
    @eddy5380 7 ชั่วโมงที่ผ่านมา +2

    Orange still doesn't understand how tariffs work

  • @GabeT-eo3pm
    @GabeT-eo3pm 20 ชั่วโมงที่ผ่านมา +10

    Trump is thick.

    • @0bsmith0
      @0bsmith0 18 ชั่วโมงที่ผ่านมา

      Republicans are thick.

    • @chrispek3912
      @chrispek3912 14 ชั่วโมงที่ผ่านมา

      You think other options are not thick as well? All of your politicians and string pullers are still living in a dream bubble. Democrats and Republicans are the same in that regard.

  • @xinyiquan666
    @xinyiquan666 17 ชั่วโมงที่ผ่านมา +5

    the host is i,dt, he tried to imply the brazil could not supply enough soybean to china because of canal ,, it has other route, this guy probably never heard aterlantic occean, also the i,dt does not knw china does not depend on any place for soybean or any food, china is world largest food producer ,it has way enough food, china imports soybean or maize only for oil and cattle feed, it is not food, china itself is one of largest soybean producer in world, soybean is not a nessassry for china, china could stop using it for oil or cattle feed, it has many other alternative all the time, also china has supply from all other place in world from russia and central asia and aganitna and east eruope and south arica,,,,,,, and china never depend on anything from US, even the soybean ,that only accounts for like 1% of its total consumption for cattle feed and oil

    • @timothychung4811
      @timothychung4811 5 ชั่วโมงที่ผ่านมา

      That problem will be solved within a year or two. Brazil's ports will also expand to link rail between them and Peru. With the Chinese rail cargo system, in...sail away...out rail away like nothing has happened. The Americans are hit, and the Chinese are just waiting for the blood to drain. All without a shot.
      The elite whites running the West have to come to terms now and cooperate with the Chinese FOR A WIN WIN, "NOT HEGEMONIC ZERO SUM GAME."

  • @8739paulstep7
    @8739paulstep7 11 ชั่วโมงที่ผ่านมา +1

    Have you not heard of the Chancay port and railway they plan on building?

  • @上正止
    @上正止 12 ชั่วโมงที่ผ่านมา +1

    America big cooporation huge profit is earned due to consumer demand of their products and services. Instead of wanting more and more while exploiting the ppl by charging them exorbitant prices, they should repay the kindness to the consumers in the form of great products with reasonable prices and great after sale service . The ppl will feel the ‘ kindness to them’ and the karma would been they will become your loyal customer for a long , long time. But once they know you exploit them but they have no choice but to buy from you, you already lose. Because once the monopoly is broken and a new competitor comes in, they will forsake your products and support others. Look long term.

  • @astro99man
    @astro99man 8 ชั่วโมงที่ผ่านมา

    Chinese companies are already offering a discount equivalent to the tariffs to their clients in the US

  • @AnAverageChinese
    @AnAverageChinese 9 ชั่วโมงที่ผ่านมา

    Soybeans? I think we Chinese can suvive a day or two without Toufu

    • @nicoplum7339
      @nicoplum7339 6 ชั่วโมงที่ผ่านมา

      The soybeans are not for our people, but the cattle’s

  • @centralkingdom8141
    @centralkingdom8141 8 ชั่วโมงที่ผ่านมา +1

    China this time will hit Donald Trump hard.

  • @Go4Broke247
    @Go4Broke247 11 ชั่วโมงที่ผ่านมา +1

    Bye bye antimony

  • @nulnoh219
    @nulnoh219 3 ชั่วโมงที่ผ่านมา

    China developed a new port in Peru. And is building a railway from that port to Brazil. That's how they'll be going around the Panama canal.

  • @Truthstelling
    @Truthstelling 6 ชั่วโมงที่ผ่านมา

    This country is best in wars..both hot wars n trade wars😂😂😂😂😂

  • @tzehui1999
    @tzehui1999 5 ชั่วโมงที่ผ่านมา

    soybean is not a critical product for China...it can eat less and go for alternatives if need be. And China can use the new Peru Cancay port via a soon to be constructed highway from Brazil to Lima

  • @AlexandruTanasov
    @AlexandruTanasov 3 ชั่วโมงที่ผ่านมา

    Lies to rise the prices!!!!

  • @megstlimlim3386
    @megstlimlim3386 7 ชั่วโมงที่ผ่านมา

    Cut US CEOs remuneration to pay for Trumps Tariffs 😅

  • @lambertgiang
    @lambertgiang 21 ชั่วโมงที่ผ่านมา +4

    It should be the Middle and Lower income Consumers better prepared for the upcoming Tariffs that Trump will Reward their trust in MAGA and eagerly waiting for their contributions to protect their FUTURE.🤣

  • @ttc1661
    @ttc1661 7 ชั่วโมงที่ผ่านมา +2

    China should restrict ALL household items to the US, let's see what Americans can live their lives ! 😂

  • @MDBishal265
    @MDBishal265 10 ชั่วโมงที่ผ่านมา +2

    China🇨🇳🇨🇳🇧🇩

  • @KingFinnish
    @KingFinnish 3 ชั่วโมงที่ผ่านมา

    ' contains scenes American viewers may find distressing '
    | China's Christmas Season in Shanghai~A Wonderful Diverse City Walk Travel |
    | Christmas is Coming to Shanghai!China Walk Travel 2024 |
    | Walking Tour of Shenzhen's Most Jaw-Dropping Architecture | China Travel |

  • @4-SeasonNature
    @4-SeasonNature 21 ชั่วโมงที่ผ่านมา

    Both sides are more prepared this time around as they have been there and done that for about two election cycles in the U.S.

    • @remix-yy1hs
      @remix-yy1hs 16 ชั่วโมงที่ผ่านมา

      Trump is owned by Isreal. 😂😂😂 you are finished.

  • @cherubimcherubim9515
    @cherubimcherubim9515 13 ชั่วโมงที่ผ่านมา +2

    Tariffs are paid by domestic consumers and not the exporting country, but they have the effect of raising the relative prices of imported products. Other trade barriers include quotas, custom duty,licenses, and standardization, all seeking to make foreign goods more expensive or available in a limited supply.
    In simplest terms, a tariff is a tax. It adds to the cost borne by consumers of imported goods.

  • @colberthunter12
    @colberthunter12 21 ชั่วโมงที่ผ่านมา +1

    Fellow Americans do your homework don't buy anything from genco, tell genco to do business in China and not America.

  • @kenethantiga2534
    @kenethantiga2534 12 ชั่วโมงที่ผ่านมา

    😂😂😂China is so much struggling internally now than in 2018 and no matter how hard they prepare still it would add up to their ruin economy.

    • @刚王-d3s
      @刚王-d3s 11 ชั่วโมงที่ผ่านมา +8

      🤭继续做梦。

    • @MDBishal265
      @MDBishal265 10 ชั่วโมงที่ผ่านมา +5

      What a joke😂

    • @yuugenr7549
      @yuugenr7549 9 ชั่วโมงที่ผ่านมา +4

      Frog in a well.

  • @xiphoid2011
    @xiphoid2011 22 ชั่วโมงที่ผ่านมา +3

    So is the US more prepared than in 2018. I'm from shanghai. The difference is that right now the economy in china has been bad since 2022, while US economy is doing well. I feel bad for all the chinese young workers, they studied sp hard all their lives and finally finished university like we did, but now are unemployed or are paid even less than those who graduted few years ago. I don't know how they would live if the economy became even worse.

    • @liang8255
      @liang8255 22 ชั่วโมงที่ผ่านมา

      Better than living on debt! Go to California see people live on streets with fentanyl, they don't get fried dumplings from their mamas, they live like dogs literally. If the US economy was ever good, there won't even been MAGA, Donald Trump, now you get a MAGA land because there's no tangible economy in US, they are only printing dollars and having a hard hard time to sell them.
      The inflation is going up, soon normal people can't even afford a toilet fix in 2025.

    • @williamwatitwa3534
      @williamwatitwa3534 22 ชั่วโมงที่ผ่านมา +21

      40 years ago their world was 10 times worse,

    • @ensteffo
      @ensteffo 22 ชั่วโมงที่ผ่านมา +31

      Weird how double the economic growth is "bad" and half the economic growth is "well".

    • @limitlesssky3050
      @limitlesssky3050 22 ชั่วโมงที่ผ่านมา +36

      You're not a very smart Asian, I see. The US is going through a huge inflation, while China is going through deflation. China is having a slowdown, but the US is on the verge of a meltdown, so you tell me which one is better.

    • @phillip76
      @phillip76 22 ชั่วโมงที่ผ่านมา +18

      The assumption is US economy is doing good. I doubt that. Americans are experienced inflation, and higher prices. This can 't be good.

  • @KingFinnish
    @KingFinnish 3 ชั่วโมงที่ผ่านมา

    ' contains scenes World viewers may find distressing '
    | I Spent a Day in LA's Most Dangerous Hood |
    | Zombie-like woman found convulsing near abandoned house |
    | Open Air💉Market • Ep 38 | Los Angeles, California [4K] 🇺🇸 |
    | Pizza 🍕& Rodents 🐀 (Ft. Rebecca Olsen) • Ep 43 | Los Angeles, California | - youtube