You tariff me, I tariff you. No soybean, no wheat. Let see what happened. China trade with US down every year, but China trade with 100 countries gone up every year. This report didn't tell you that. 😂😂😂😂
You aren't going to be laughing when China's GDP takes a 2-3% hit in growth. Maybe you don't understand the level of trade between the US and China or the trade surplus China benefits from.
@@blubu68 Tariffs win votes at home and in Congress. Thats what matters in politics in US, Canada, UK and Australia. But China will retaliate somewhat, but productions continues.
@ the US is not the only country buying Chinese product. They will just sell to other countries. EV is a good example. But for the American everything become more expensive. The average American got less and less spending power
@@hartadisoesianto5191 That is way to easy to say but not easy to do. The US buys more than anyone else and it is far from easy to replace that much trade. Matter a fact the only places that can like the EU cannot support that level of extra goods. NO one can. Basically, you are wrong.
Yes. Spot on. China will and is diversifying to the rest of the world. The problem with the US politician's mentality and thinking is that they still think that the US is the world itself although it only represents a very minor part. The world has 199 other countries and more than 8 billion people vs 1 country and 350 million people. That itself speaks why China is moving towards the developing Global South where the real future is.
China dares the US to raise tariffs to 60% across the board. Do it! :) That'll crash the US economy in less than 6 months. :) Just imagine the chaos and anger when you go to Costco, Walmart, Sam's and you either see rows after rows of empty shelves or prices that have more than doubled. For those who don't know economics, the US is not going to be making all the goods that China produces. Other countries are not going to be making all the goods that China produces since you can take all of them together, and still they don't match China's production capabilities. In addtion, even if you can make products in other countries, other countries do not have the infrastructure to handle the production. Think electricity demand, think ports and roads, think skilled labor. So the US is stuck with higher prices if tariffs were raised. On the other hand, China can get nearly all of its products from the US elsewhere. :) So let's go, let's run with 60%-100% tariffs on all Chinese goods. It'll be a dream come true for a lot of China bashers, so let's make it happen this time and see how it goes. :)
..... you raise a very good point that is often overlooked ...... " energy " ..... electricity consumption in China is 50% cheaper than in the US .... Why is that ?
When the British voted for Brexit, they envisioned a brighter future outside the EU-look where they are now. Similarly, if the U.S. raises tariffs as Trump proposed, it’s the American people who will bear the cost. The truth is, large-scale, low-cost manufacturing typical of developing countries will never return to the U.S.
It's a negative chain reaction and will spread across all of their own entire product lines and goods and even services. Imagine that almost all common people paying an average of extra 60-80% or even more in their monthly expenses. That will destroy or at least cause a lot of hardship and misery to almost all of their entire common people and even their own businesses.
China can do the same to American products like soybeans and automobiles, add on a consumer boycott of American companies like Nike, McD, starbucks etc.
Trump’s first term as the President already made China realized the importance of being seal-reliant and self-sufficiency. Trump 2.0 would make Global South nations to work even closer with each other. Thank You to those Americans for making Trump as the President again.
@@rickjames18 China is the largest trading partner of 140 countries in the world. It is the world's factory, with the largest scale production in the world, the largest infrastructure, the largest logistics capacity in the world. No other country comes close to it, and it offers the cheapest price. Who will the world choose?
@@donelpapu2714 That's true, and that is why the CCP has structured the Chinese economy around exports making China HIGHLY dependent on exports/trade. Now China may trade with many countries but NO ONE spends/consumes like the US which is why China needs the US and EU especially now that the real estate market is devastated. The Trade deficit with the US alone is over $350 billion. Besides the EU who else comes close? No one. The difference is that the US is NOT trying to be the world manufacturer, they already moved on from that.
China can impose export tarrif on Chinese export to the US to make up for any Loss in revenue. There are lots of Chinese export that have no alternative supplier (rare earth, graphite, etc) and American will need to accept the price even if it is 2-3X.
Lmao, you do realize the massive trade surplus benefits China by far. There is no way around it, this is a massive hit to the Chinese economy if applied. Just ask your Chinese economist.
There is a lot China can do，for example, China can hurt the dollar, and countries all over the world earn dollars, a large part of which is used to buy China manufacturing, and the other part is used to buy energy, which is also mainly from China's close allies. Do you really think you are invincible?
sounds like tariff is the easiest way for US to win the competition against China. If that approach is so easy and effective, why would the previous administration not use it? 😅
The previous administration did use tariffs. Trump started them, Biden even increased them and Trump now again will increase them even much further. If tariffs weren't effective then why is China so afraid of tariffs?
Because they didn't have the political will, thought they could "deal" with China, wanted diplomacy, and wanted to keep relations going to EVs nonsense. Everything Trump doesn't care about.
@@freespeech8520 Yeah, rare earth metal plants are opening in US and in world, too. They will replace Chinese exports after some time. BTW, have you asked Chinese exporters and businesses about how they will conduct foreign trade if US immediately cut China off US dollar financial system? How will DJI compensate for loss of its largest market - US?
It's not so much about competition but compatibility. China is literally saying they want to be more like Ruzzia so in hindsight, he's right it's their choice. Y'all should try to be realistic.
People think that the price hike will only be on electronics from Chinese brands, what they don’t realize that most of the even American made brands use Chinese made steel, or have Chinese components. That means the price of everything will go up. Everything. Tariffs will bring up tax income, but that will be equaled in inflation, and subsequently, the dumping of American dollars will only increase that inflation across the board. U.S. also has a labor shortage, add that to the less immigration because of Trump U.S. industry will likely be unable to adjust in time to make up for holes in the supply chain. Which means, all prices go up, while consumer purchasing power goes down, and a number of U.S. business go out of business as they see their sales plummet and costs sky rocket.
Chinese companies should just raise the cost of goods 100% so us consumers will pay 3x more lol. By the time factories are setup to some other country, just lower cost to crush the other factory.
Ask Australia and Japan about that. When the U.S. government wants research, the result is determined before actual research begins. And if for some unknown reason the investigation heads in the wrong direction, it disappears. Much of what the government does is done to shape public opinion. If the tariffs fail, there will be another major change in power in the U.S. Government. Every sector of the American economy does not make cars.
... china DNA ... all Apple , was India but they got e-coli contaminated .... Will the US consumer boycott Apple now for Tariffs or pay the Tariff gladly because they cannot get Huawei products ?
After dedollarization by brics started next phase, China & rest of other countries wouldn't want dollar anymore, that's when u really need to prepare. Last gasp of air of a dying empire.
You tariff me, I tariff you. No soybean, no wheat. Let see what happened. China trade with US down every year, but China trade with 100 countries gone up every year. This report didn't tell you that. 😂😂😂😂
There is a thing known as trade surplus. Only exports don't matter. The difference matters deeply.
Yup
@@Nik-ik8mv The last time trump was in power the trade deficit increased. Tariffs don't work across the board.
You aren't going to be laughing when China's GDP takes a 2-3% hit in growth. Maybe you don't understand the level of trade between the US and China or the trade surplus China benefits from.
@@blubu68 Tariffs win votes at home and in Congress. Thats what matters in politics in US, Canada, UK and Australia. But China will retaliate somewhat, but productions continues.
Magnificent obsession with self- induced illusions😂.
China has more trade with brics and the global south than the USA. And it's growing fast. Good luck Walmart shoppers 😂😆
China doesn't need to do anything. American citizen who is going to pay for these tariffs
Tell that to Chinese factory workers.
@ the US is not the only country buying Chinese product. They will just sell to other countries. EV is a good example. But for the American everything become more expensive. The average American got less and less spending power
@@Nik-ik8mv Chinese factory workers have already known that. Are you paying more now? Wouldn't be better if 1000%? LoL
@@hartadisoesianto5191 That is way to easy to say but not easy to do. The US buys more than anyone else and it is far from easy to replace that much trade. Matter a fact the only places that can like the EU cannot support that level of extra goods. NO one can. Basically, you are wrong.
Yes. Spot on. China will and is diversifying to the rest of the world. The problem with the US politician's mentality and thinking is that they still think that the US is the world itself although it only represents a very minor part. The world has 199 other countries and more than 8 billion people vs 1 country and 350 million people. That itself speaks why China is moving towards the developing Global South where the real future is.
China doesn’t have to do anything Americans will just pay higher costs for Chinese products they import.
Have to laugh at the ignorance of these people who have obviously not been to China recently or maybe never
China to the arrogant US, "Go ahead and make my day"
China dares the US to raise tariffs to 60% across the board. Do it! :) That'll crash the US economy in less than 6 months. :)
Just imagine the chaos and anger when you go to Costco, Walmart, Sam's and you either see rows after rows of empty shelves or prices that have more than doubled. For those who don't know economics, the US is not going to be making all the goods that China produces. Other countries are not going to be making all the goods that China produces since you can take all of them together, and still they don't match China's production capabilities.
In addtion, even if you can make products in other countries, other countries do not have the infrastructure to handle the production. Think electricity demand, think ports and roads, think skilled labor.
So the US is stuck with higher prices if tariffs were raised. On the other hand, China can get nearly all of its products from the US elsewhere. :) So let's go, let's run with 60%-100% tariffs on all Chinese goods. It'll be a dream come true for a lot of China bashers, so let's make it happen this time and see how it goes. :)
..... you raise a very good point that is often overlooked ...... " energy " ..... electricity consumption in China is 50% cheaper than in the US .... Why is that ?
When the British voted for Brexit, they envisioned a brighter future outside the EU-look where they are now. Similarly, if the U.S. raises tariffs as Trump proposed, it’s the American people who will bear the cost. The truth is, large-scale, low-cost manufacturing typical of developing countries will never return to the U.S.
The manufacturing centre of the world is in Asia now
@@WingkKongthey will not realize it for coming years until something like Roman Empire collapse happen
@@MoneyMaker-pu1rj Donald Trump understand it
That is why he is crazy everything concerning China
Well to be fair the American consumer will be paying extra money for everything- good job clowns.
It's a negative chain reaction and will spread across all of their own entire product lines and goods and even services. Imagine that almost all common people paying an average of extra 60-80% or even more in their monthly expenses. That will destroy or at least cause a lot of hardship and misery to almost all of their entire common people and even their own businesses.
dedollarization
Other than china nobody will.
China can do the same to American products like soybeans and automobiles, add on a consumer boycott of American companies like Nike, McD, starbucks etc.
Trump’s first term as the President already made China realized the importance of being seal-reliant and self-sufficiency. Trump 2.0 would make Global South nations to work even closer with each other. Thank You to those Americans for making Trump as the President again.
.. the irony of it .....
American arrogance knows no bounds 😂
on the other side, no bound for stupidity either.
Get ready to pay more for everything.
Not worried about it at all. Soon as energy goes down prices and inflation will offset any increases. China will feel the pain 3x the US.
@rickjames18 Your delusional the national debt keeps on climbing out of control. China is 5 steps ahead. They don't just do business with the USA.
@@rickjames18 China is the largest trading partner of 140 countries in the world. It is the world's factory, with the largest scale production in the world, the largest infrastructure, the largest logistics capacity in the world. No other country comes close to it, and it offers the cheapest price. Who will the world choose?
@@donelpapu2714 That's true, and that is why the CCP has structured the Chinese economy around exports making China HIGHLY dependent on exports/trade. Now China may trade with many countries but NO ONE spends/consumes like the US which is why China needs the US and EU especially now that the real estate market is devastated. The Trade deficit with the US alone is over $350 billion. Besides the EU who else comes close? No one. The difference is that the US is NOT trying to be the world manufacturer, they already moved on from that.
China can impose export tarrif on Chinese export to the US to make up for any Loss in revenue. There are lots of Chinese export that have no alternative supplier (rare earth, graphite, etc) and American will need to accept the price even if it is 2-3X.
Most of the world's prescription medications as well.
Lmao, you do realize the massive trade surplus benefits China by far. There is no way around it, this is a massive hit to the Chinese economy if applied. Just ask your Chinese economist.
LOL this dude doesn't know what he is talking about.
There is a lot China can do，for example, China can hurt the dollar, and countries all over the world earn dollars, a large part of which is used to buy China manufacturing, and the other part is used to buy energy, which is also mainly from China's close allies. Do you really think you are invincible?
sounds like tariff is the easiest way for US to win the competition against China. If that approach is so easy and effective, why would the previous administration not use it? 😅
The previous administration did use tariffs. Trump started them, Biden even increased them and Trump now again will increase them even much further.
If tariffs weren't effective then why is China so afraid of tariffs?
Because they didn't have the political will, thought they could "deal" with China, wanted diplomacy, and wanted to keep relations going to EVs nonsense. Everything Trump doesn't care about.
Based on this logic, why not just stop doing trade with China?
US will, shortly.
@@Nik-ik8mv Have you asked U.S. weapons manufacturers first about rare earth metals?
@@freespeech8520 Yeah, rare earth metal plants are opening in US and in world, too. They will replace Chinese exports after some time. BTW, have you asked Chinese exporters and businesses about how they will conduct foreign trade if US immediately cut China off US dollar financial system? How will DJI compensate for loss of its largest market - US?
@@Nik-ik8mv Without DJI, what US could use to capture beautiful pictures?
It's not so much about competition but compatibility. China is literally saying they want to be more like Ruzzia so in hindsight, he's right it's their choice. Y'all should try to be realistic.
People think that the price hike will only be on electronics from Chinese brands, what they don’t realize that most of the even American made brands use Chinese made steel, or have Chinese components. That means the price of everything will go up. Everything. Tariffs will bring up tax income, but that will be equaled in inflation, and subsequently, the dumping of American dollars will only increase that inflation across the board. U.S. also has a labor shortage, add that to the less immigration because of Trump U.S. industry will likely be unable to adjust in time to make up for holes in the supply chain. Which means, all prices go up, while consumer purchasing power goes down, and a number of U.S. business go out of business as they see their sales plummet and costs sky rocket.
Chinese companies should just raise the cost of goods 100% so us consumers will pay 3x more lol. By the time factories are setup to some other country, just lower cost to crush the other factory.
Ask Australia and Japan about that. When the U.S. government wants research, the result is determined before actual research begins. And if for some unknown reason the investigation heads in the wrong direction, it disappears. Much of what the government does is done to shape public opinion. If the tariffs fail, there will be another major change in power in the U.S. Government. Every sector of the American economy does not make cars.
What about Apple's iPhone that is made in China? Is it also subject to 60% tariff?
... china DNA ... all Apple , was India but they got e-coli contaminated .... Will the US consumer boycott Apple now for Tariffs or pay the Tariff gladly because they cannot get Huawei products ?
It would make American companies buy American products. 😅
price of goods will rise. price of services will rise.
you mean slaps 50% on Americans.. 🎉
both sides will get hurt. but both sides can live with it.
Why stop at 50% then?
Why not 100%?
Because they think 100% means they stop buying from China
it's a trade-off between screwed-up China and screwed-up US.
100% will happen too after Chinese Communists devalue yuan.
Your going to enjoy paying more for everything
this guy just wants to get to his 11 am Tee Time. his assistant wrote out his answers. he's working from home for God's sake.
They gave us Covid- no mercy
No, there’s nothing China can do about 50% tariff and trump doesn’t concern about paying $100 per a chee😅burger because he is too rich.
买糖水
trade surplus to usa was @ 3% its now at 1.5% of gdp
😂😂😂😂😂
if trump does this, prepare for war.
China doesn't care at all. They'll be fine.
After dedollarization by brics started next phase, China & rest of other countries wouldn't want dollar anymore, that's when u really need to prepare. Last gasp of air of a dying empire.
What a easy logic 😂😂 the end .
In 2016