Read more on how President-elect Donald Trump's trade war with China played out during his first administration: www.pbs.org/wgbh/frontline/article/donald-trump-china-tariffs-trade-war-xi-jinping-video/
The incompetence of US politicians has been hurting American economy more than the target! Trump has been bankrupted in many of his own business and that says much about his ability to manage things! And his narcissism does not help...
This clip doesn't mention that when China retaliated against Trump's tariffs by buying soybeans from Brazil instead of the USA, USA soybean farmers were devastated by the loss of Chinese business and Trump gave USA soybean farmers huge subsidies to make up for their losses.
@@greekvvedgeOnce you put a tariff in, it's a lot harder to remove because the market adapts to the cost and if you take the tariff away it wouldn't reduce product prices seen by consumers only increase profits for big corp.
I did not see any mention of Trump responding with subsidies to American soybean farmers in this clip. Did you just make that up or what? Maybe it’s in the full documentary?
@Yoder, 90+% of the farm subsidies went to corporate farms, basically squat to family farms that are being swallowed up by "big farma". Capitalism at its finest.
If its not China, it will be Vietnam, it will be India, Thailand, Philippines, Argentina... Anywhere but USA. Zero chance companies will manufacture in USA.
Why blame China ?. Their technology is advanced, just look at their subways in any Chinese cities and compare with the subways in New York or any other cities in the US. Whose mistake is it?……China?.
The Republicans are to blame plain and simple. But hold on your maga caps it's about to get bumpy. Real bumpy. No more whining bixtching and moaning. I have zero empathy for the deployable. Reminds me of a Toyota commercial " you ask for it you got it! 🥊👎🏾
How is having a subway "advanced"? And have you seen their mines? Have you seen the stats of the condemned to work those mines? Or the environmental destruction? They're cheap because they have no workers' rights, no health and safety and no environmental protection laws. And any laws that do exist are ignored. And being a "developing" nation is no excuse. They should be sanctioned to oblivion until they sort these out.
In the Chinese market, American companies, especially high-tech enterprises, make the most profits. Whether it’s brands like Apple or Starbucks, they earn enormous profits in China. For example, the iPhone is sold globally, with components sourced worldwide and assembled in China. However, 90% of the profits go to American companies, particularly in high-margin areas like chip production, while the profit from manufacturing and assembly in China accounts for less than 5%. Now, claiming that China’s trade practices are unfair is a blatant lie. Many investors behind Chinese products are actually Western companies, not domestic Chinese enterprises. Using trade as an excuse to suppress China is nothing but a cunning tactic.
“A congressional estimate in the U.S. placed the cost of Chinese intellectual property theft at 225-600 billion dollars yearly. According to a CNBC survey, 1 in 5 corporations say China has stolen intellectual property within the previous year, while 1 in 3 said it had happened some times during the previous century.” I think this is the problem.
Exactly for many years our top corporations have seen their jobs to China. Walmart is the company that was built off of USA brands that then proceeded to stock their stores with everything from China.
In my opinion from a spiritual standpoint he actually is a chosen one . He is necessary for us to evolve as human beings , he’s putting the country in position to be more independent be as much of a producer as we are consumers . I don’t do politics at all however I can see the benefits of his position.
Because peace don't make money for corporations that control your government. The MIC profits from the Ukraine war and middle east war. There's no money in peace for the merchants of death
Because it's easier to blame China than to blame the 1% That has captured the US government and enjoyed massive subsidies and transfers from poor and middle class taxpayers to finance tax cuts for the very wealthiest. Today 1% owns 99% of everything in the USA and their wealth has increased by 100-200x in the past 10 years. Do both sides benefit from free trade? Yes, but in the USA, all that benefit is taken by the 1%. It is not China's fault that the 1% in US refuse to share with those displaced by free trade.
The Chinese work harder and have better schools in the cities than the US does. Americans will blame everything but their own failures. Multiple times Americans have violently attacked Chinese living in the US because they were more responsible and sober.
In USA indiscipline is often confused as freedom. Nobody likes to study except few anywhere in the world. But Chinese are disciplined while americans are not. Asians like math tho I also spent 4 hours everyday on math in my school days because its fun. Law and audit are fkin boring
@@rahulsah6865 I agree that Americans have abandoned self-discipline, and I fear the future is bleak. The schools are also battlegrounds for indoctrination. One interesting data point. Blacks have the highest self-esteem, but the worst educational performance. Asians (all lumped together) have the lowest self-esteem, but the highest performance. It goes to show had idiotic such psychobabble evaluations are.
Oh course and of course they w8spin it to be Bidenfauli. But historically the democrats are always cleaning up the mess made by that Republican party. Historically! Google is your friend but is the problem that the Republican supporters don't know what Google is?🤔
@rahulat85 do you mean the tell me with all of those Republican voters who nobody understood how tariffs works. Or didn't have the balls to stand up and say no tariffs work like this. It's one of the two. Either nobody knew or they didn't have the balls to stand up and say that trump is wrong. Which one do you think it is???
@@WarrenHolly they didn't have the balls to stand up and say Trump is wrong. He rudely made a comment at one of his rallies about tariffs that the countryof origin will pay the cost when they get hit with high tariffs he puts on their goods.....supporters clapped and agreed with him..
Stocks are falling and bond yields are rising, but markets still don’t seem convinced the Federal Reserve will pursue plans to keep increasing interest rates until inflation is under control. I'm still at a crossroads deciding if to liquidate my $117k stocck portfolio, what’s the best way to take advantage of this bear market?
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I enjoy my day to day market decisions being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not outperform, been using a portfolio-coach for over 2years+ and I've netted over $300k .
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A vast majority of American companies don't want to pay American-living wages. This is why they shipped manufacturing overseas. Wages have not risen with the cost of living. The rich get extensively richer, while the "middle class" has become poor. Unfortunately, a lot of blue collar folks voted for Trump, and he will only make their situations worse. We're at a "wait and see" stage of life right now in regards to what lies ahead. I don't think I've ever been worried to have someone in office of our country until now. Hopefully y'all have saved up some money!
@PBFoote-mo2zr at this point, Trump followers just need to admit they want to keep the middle class down while making the elite richer. Most won't understand this, but it's just a fact. Call a spade a spade, man 😂
Really???? Trump and all his friends have used China to produce all their products and services. And now because China is well developed now they want to go after China. All American companies made this happen by moving their production to China.😂😂😂
Yes this happened because of greed from the big corporations they wanted to keep more profits they slowly started moving companies out of the US to overseas for cheaper labor.
American businesses to moving production to overseas comes down to simple cost benefits analyses. The correct question to ask is what are the reasons why production is cheaper and less risky in far away foreign countries?
@ the correct question to ask is…. Why Trump is not doing what he’s saying??? Trump keeps saying Americans first but when it comes to his money,his pockets are first. And he expects every other company to comply with American first. Hypocrisy!!!
You’re actually asking a very similar question. If Trump is hypocritically exploiting production in China, it’s because it’s way cheaper to do so for profit. Why is it cheaper to produce in China has largely to do with cheaper labor. Why is labor in China cheaper? Because China has lower minimum wages, a large pool of available workers, less stringent labor regulations, and a government policy that often prioritizes economic growth over worker rights (just to name a few). Which American political party is the bigger hypocrite?
Agree 10000%. He is a spoiled Brat, just wants to do anything he likes without considering others, He lied all his life in anything, business particularly and also women.
American CEOs are playing victim. The knew what they were getting into by doing business in China and did so anyway for short-term profits. If they had the stones they would leave - but that would hurt their bonuses.
@ray24051 To be fair China were and are stealing all the IP they can get their hands on. Would you rather a country does what it wants as long as you get cheap products? Glad someone can stand up to them. It’s the reason the Chinese economy has grown and caught up so quickly to Western nations.
@@TheOne1One1One1One That's because you don't think. Obviously, tariffs increase the cost of goods for consumers of those products as the cost of the tariffs get passed on to the consumers -- as the video said actually happened. Many of those consumers are business owners, corporate executives, and landlords themselves who are greedy and so simply pass-on their increased costs to their own customers and renters in order to compensate for their paying higher prices for the goods they want and need. This eventually results in their workers (aka labor) demanding higher wages themselves to keep-up with higher prices and cost-of-living expenses. In order to meet labor's demand for higher wages, businesses simply raise prices even higher. Therefore, you get INFLATION.
😂 I stopped watching as soon as I heard the orange man say, “I am the chosen one.” I don’t know what’s up with these fake Christians. People of faith are dillusional. People of faith create so much havoc on this planet. Just smh.
The reason they are gaining so fast, is because we are letting them. American business manufacturers know this, and at the same time, with all that added wealth, also allowed them to purchase even more American, land, businesses, etc.
Tariffs eventually result in inflation down the road. Trump imposed tariffs during his first term in office. What do we have now ? Oh, that's right, INFLATION !
Lol Then how is it last time Trump did tarrifs in China did we only have 1.5% inflation? Not Bidens 35%.. THIRTY FIVE % IM betting you still think the lap top isn't real 😂😂😂
@@GTMemes2 35% inflation LOL highest was 9% in 2022 and it was world wide Biden had nothing to do with it . Typical trump lover , They can really tell them anything .
The government in 1970 allowed us manufacturers to start moving production to China ( look up what party was in power) . 50 years later it now only became an issue. If China stopped all exports to the US tomorrow do you think the US would have an issue. Push to hard push back could be much worse.
Didn't watch. I KNOW how the dollars played out in both the US and China during trump's last term. Money left the US and went into China. It shouldn't have happened that way because the US economy was on FIRE when he came into office, as in there was plenty of work and wages were already trending up and inflation wasn't bad. FDI is tracked around the world (Foreign Direct Investment). Foreign investment left the US, while it grew to a historic high in China during trump's term and it's very understandable simply listening to trump bash everything, including entire countries and our own allies. A lot of foreign investors pulled their money from the US because of the continual bashing by trump for one, but also the instability that was being created by budget issues and the continual threats of govt. defaulting or bankruptcy. That's a good way to get investors to leave YOUR country which is what happened.
@@debadam1660 Yup. Americans are stupid when they think for one trump is a leader, and two better for the economy. It was both Obama and Biden who had to deal with economic hardships and get the US through very hard times with the Great Recession for which the Obama Admin. saw the US recover and the economy get hot, and then Biden had to deal with Covid and global inflation created by many issues including shortages of supply.
Genuine question… If those tariffs are so bad and Trump is a mad man for imposing them. Why did the current administration extend them through the entire duration of their term and increase them earlier this year? I think PBS did a really good job just laying out the facts in excerpt of the documentary and allowing people to draw their own conclusions.
China has never asked American companies to forcibly transfer technology, and so far they have not overtaken Europe and the United States in the transmission of fuel cars, but they have found a new path for their development. This is not forced technology transfer.
It's a shame that the US lost its chance in Mexico, Central and South America China is all over the rest of the Americas already. Gigantic ports, very $$ strong investments in car and other factories. We do not know how it will play out on the common citizen. Hoping for welfare in general and a better economic situation for them.
The U.S China trade is asymmetrical, we import more stuff from China than we export to China. In addition, China owns 384,000 acres of American agricultural land, how much land does United States own in China?
China is not the problem. Corporations being allowed to move the jobs from the US to China is the problem. US corporations are not penalized for moving the jobs, so more and more of our products are being made by overseas companies. US corporations are not US corporations anymore. They have been allowed to become mostly international, so they divide their spending accordingly. Labor is bought cheaply in a communist country, Profits are managed in a country that the Republicans are trying to make a tax haven. The problem is that they are not sharing the benefits of this wealth with anyone who is not already wealthy.
Corporations being allowed to do this is also a NATIONAL SECURITY ISSUE, and we learned this during the pandemic, when N-95 masks were in short supply and not manufactured in any quantity in the US because labor is cheaper when the workers are duly compensated by communists, and the corporations that reap the profits of communism are freed of taxation by the government that allowed those corporations to leave the citizens they were elected to protect jobless and/or underpaid.
Corporations now want to pass this assholery on to you via Donnie Trumpie! Trumpie has vowed to equalize through TARRIFFS. Tarriffs will only pass on the cost of corporations shipping your jobs overseas, creating NATIONAL SECURITY ISSUES on to the American consumer.. Who will be hardest hit? The ones who's income is supposed to cover their COST OF LIVING.
Yet their battle cry, when you want compensation for the sacrificing of your job security is "SOCIALISM!" when you want a little security in your life. "COMMUNISM!" when you band together and form labor unions to protect what little you have left, and are striving for just wages, benefits, and safe working conditions. Yet they support the elites, which is exactly what this country was fighting when it was founded. True patriots fight elitism.
I think Republican want slavery again. Republicans want to pay nothing for the labor, which would absolutely want the baubles it produces, and gladly enslave themselves if they could only have this convenience of being told what they want and how much they love it.
"Labor is bought cheaply in a communist country" .... WRONG. Try India - the world's LARGEST Democracy. Labor costs there are even lower than in China. Or Bangladesh, another democratic country but with exceedingly low wages. What do you have to say to this?
Well, blame who !? Blame you for being greedy for cheap labor ! Blame you for greedy of China biggest markets! And lastly blame you for your own stupidity ! 😂😂😂
Harvard University has reportedly begun limiting the admission of students associated with the tens of thousands of academic programs endorsed by the People's Republic of China (PRC). This measure is being taken as part of broader efforts to protect U.S. national security interests and to safeguard the nation’s commitment to freedom, democratic governance, and the protection of intellectual property rights. Officials have expressed concerns that the increasing presence of individuals with pro-Beijing affiliations in critical fields, such as law, could facilitate the erosion of U.S. democratic institutions and the suppression of freedoms essential to American society. These developments mirror the PRC’s actions in Hong Kong, where autonomy and civil liberties were systematically dismantled and replaced with centralized authoritarian control. This initiative reflects a strategic imperative to preserve the United States' foundational values of life, liberty, and the pursuit of happiness, which are essential to the stability and prosperity of the nation. By securing academic institutions against foreign influence that seeks to undermine these principles, the U.S. aims to maintain its leadership in the global democratic order and protect the integrity of its educational, legal, and economic systems.
Service through all these factories are shutting down I don't hear him talking about it takes to start them up again and what is the cost and what is the labor cost and where will we get the materials if they withdraw questions questions questions
donOld really believes that he can use tariffs to bully friends and foes alike to his will. In fact, in terms of foreign policy, it seems to be all he has. (If your only tool is a hammer - everything looks like a nail.)
"The more comfortable China gets, the more comfortable the Chinese Communist Party leaders are, the more aggressive & grander their ambitions. I think a more 'confrontational approach', reminiscent of the cold war is what we should be looking to now as examples. You always want 'the enemy' to be worried what you might do." - Trump's NatSec Advisor Americans regard everyone with suspicion, as if through enemy eyes, even within their own country. It's a sad way to live.
Ironic, since Trump himself was known to show other country leaders our capabilities. I was a military contractor for US aerospace parts for a decade. The fact that China built a fighter jet almost exactly like our newest fleet to a T, we knew what happened.
That’s called price gouging, five companies buy all the eggs and supply them to market, 3 companies buy all the chickens, process them and set the prices, same for beef, etc. You think they don’t agree on the price like any cartel. These same companies pay into Super Pacs that support the nominees who will protect their bottom lines, not you as a consumer or worker. Wake up!
Here’s the reality of tariffs. The consumer pays and will be paying for a long time. Manufacturers can’t repatriate their industry overnight. Worse, they may not care too.
I think the world should learn that if no one buys American products and services, global turmoil would ensue. America would not accept to be second richest, America would not accept to be poor. The world should buy American products and accept the global status quo.
CHINA war😂😂. The USA made CHINA great😂😂. Thr USA made Russia great😂😂. The USA made the world great 😂😂. All the wars are dry coconut clashing together 😊.
If a country is not producing, it definitely will lose out in present and perhaps in future economic strenght. Tariff would not help much, total refusal from imports on less quality products would deter most of the unwanted products (trash). Meanwhile, produce.
Read more on how President-elect Donald Trump's trade war with China played out during his first administration: www.pbs.org/wgbh/frontline/article/donald-trump-china-tariffs-trade-war-xi-jinping-video/
The incompetence of US politicians has been hurting American economy more than the target! Trump has been bankrupted in many of his own business and that says much about his ability to manage things! And his narcissism does not help...
This clip doesn't mention that when China retaliated against Trump's tariffs by buying soybeans from Brazil instead of the USA, USA soybean farmers were devastated by the loss of Chinese business and Trump gave USA soybean farmers huge subsidies to make up for their losses.
It does mention that, actually. The big question then, if this was so disastrous, why the hell did the Biden administration keep the tariffs?
@@greekvvedgeOnce you put a tariff in, it's a lot harder to remove because the market adapts to the cost and if you take the tariff away it wouldn't reduce product prices seen by consumers only increase profits for big corp.
I did not see any mention of Trump responding with subsidies to American soybean farmers in this clip.
Did you just make that up or what? Maybe it’s in the full documentary?
....is that why 27% of those farmers that were forced to sell everything in the end unalived themselves?
@Yoder, 90+% of the farm subsidies went to corporate farms, basically squat to family farms that are being swallowed up by "big farma". Capitalism at its finest.
If its not China, it will be Vietnam, it will be India, Thailand, Philippines, Argentina... Anywhere but USA. Zero chance companies will manufacture in USA.
Yes, but China is an openly hostile nation.
Trump's import tax plans are dumb as fuq but in this trade war china pulled the trigger first.
Biden has been increasing domestic production, jobs and Nation security with strategic investments
Why blame China ?. Their technology is advanced, just look at their subways in any Chinese cities and compare with the subways in New York or any other cities in the US. Whose mistake is it?……China?.
Because of China, US didn't build the new roads and trains because US do not like to compete.
The Republicans are to blame plain and simple. But hold on your maga caps it's about to get bumpy. Real bumpy. No more whining bixtching and moaning. I have zero empathy for the deployable. Reminds me of a Toyota commercial " you ask for it you got it! 🥊👎🏾
为了修这些地铁地方政府欠了大量债务
How is having a subway "advanced"?
And have you seen their mines?
Have you seen the stats of the condemned to work those mines?
Or the environmental destruction?
They're cheap because they have no workers' rights, no health and safety and no environmental protection laws.
And any laws that do exist are ignored.
And being a "developing" nation is no excuse.
They should be sanctioned to oblivion until they sort these out.
@@asdfqwer9803 In order to build these subways, local MURCAN governments owe a lot of debt.
*THERE I FIXED IT FOR YOU.*
In the Chinese market, American companies, especially high-tech enterprises, make the most profits. Whether it’s brands like Apple or Starbucks, they earn enormous profits in China. For example, the iPhone is sold globally, with components sourced worldwide and assembled in China. However, 90% of the profits go to American companies, particularly in high-margin areas like chip production, while the profit from manufacturing and assembly in China accounts for less than 5%.
Now, claiming that China’s trade practices are unfair is a blatant lie. Many investors behind Chinese products are actually Western companies, not domestic Chinese enterprises. Using trade as an excuse to suppress China is nothing but a cunning tactic.
Hmmm China is not stupid…
Contemptible tactic, one would say. Is that Revivalist Christian or what?
@@Felipe-n3j Ya that's why China can produce thing excellent and less cost, now the whole world is sick of U.S
“A congressional estimate in the U.S. placed the cost of Chinese intellectual property theft at 225-600 billion dollars yearly. According to a CNBC survey, 1 in 5 corporations say China has stolen intellectual property within the previous year, while 1 in 3 said it had happened some times during the previous century.”
I think this is the problem.
Exactly for many years our top corporations have seen their jobs to China. Walmart is the company that was built off of USA brands that then proceeded to stock their stores with everything from China.
He speaks just like a cult leader. "I'm the chosen one!"
like most cult leaders, they end up having a dirt nap at some point
In my opinion from a spiritual standpoint he actually is a chosen one . He is necessary for us to evolve as human beings , he’s putting the country in position to be more independent be as much of a producer as we are consumers . I don’t do politics at all however I can see the benefits of his position.
He was meant to destroy the Sith, not join them
He doesn't sound like a commie for sure.
@@thevillageofsouthcarolina6057 people like you are exactly why the US is doomed
Why can’t we all live in peace. Why are we bent on creating enemies everyday
Because peace don't make money for corporations that control your government. The MIC profits from the Ukraine war and middle east war. There's no money in peace for the merchants of death
Good question and US should answer that question! High time US to mind his own business!
They throw all the blame at play the blame game and still think of themselves as some fairy tale exceptionalism.
coooppppeee
Because it's easier to blame China than to blame the 1% That has captured the US government and enjoyed massive subsidies and transfers from poor and middle class taxpayers to finance tax cuts for the very wealthiest. Today 1% owns 99% of everything in the USA and their wealth has increased by 100-200x in the past 10 years. Do both sides benefit from free trade? Yes, but in the USA, all that benefit is taken by the 1%. It is not China's fault that the 1% in US refuse to share with those displaced by free trade.
So ironic brcause all of his ties and shirts with his name on it are made in China
No he wears highly branded ones fitting for a president.
Exactly! And so does his friends
Tariff will not solve USA economy…..
How would they? They will increase prices on every thing we buy.
President of the so called greatest country on earth have no idea how trarrif work, what a historical shame. 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
@@williamwongkimping3998 He is like the old time carnival barker whims selling the cure all ailment and once he has sold the idea he leaves town lol
The Chinese work harder and have better schools in the cities than the US does. Americans will blame everything but their own failures. Multiple times Americans have violently attacked Chinese living in the US because they were more responsible and sober.
And smarter Asians parents are strict I know because i have Chinese friends from Highschool and they helped me a lot in school especially Math 🥰
In USA indiscipline is often confused as freedom. Nobody likes to study except few anywhere in the world. But Chinese are disciplined while americans are not. Asians like math tho I also spent 4 hours everyday on math in my school days because its fun. Law and audit are fkin boring
@@rahulsah6865 I agree that Americans have abandoned self-discipline, and I fear the future is bleak. The schools are also battlegrounds for indoctrination. One interesting data point. Blacks have the highest self-esteem, but the worst educational performance. Asians (all lumped together) have the lowest self-esteem, but the highest performance. It goes to show had idiotic such psychobabble evaluations are.
@@rahulsah6865
I taught my non-Asian daughter to study. She became a National Merit Scholar.
@@nicmart and???
And Trump keeps making his products in China! Hypocrisy.
He probably has them working overtime to get out as many of his “bibles” as possible 😂
Trump doesn't make anything in China. Companies making things in China pay Donald a fee to use his name on them.
His daughter has a shoe company in China making shoes for US$10 but she sells them in the US for US$400 a pair
Wrong. The Retail Brand had long ceases when they took the jobs.
You people simply sound like Evil Derangement. Utter disgrace
The hypocrisy is not a trump bug, it's a feature.
A feature that appears to get annual updates.
American consumers will shoulder the Tariffs….not the exporters.
Oh course and of course they w8spin it to be Bidenfauli. But historically the democrats are always cleaning up the mess made by that Republican party. Historically! Google is your friend but is the problem that the Republican supporters don't know what Google is?🤔
Yes they will, but with a manufacturing job to pay for those high prices. What's the point of low prices and no job?
@rahulat85 do you mean the tell me with all of those Republican voters who nobody understood how tariffs works. Or didn't have the balls to stand up and say no tariffs work like this. It's one of the two. Either nobody knew or they didn't have the balls to stand up and say that trump is wrong. Which one do you think it is???
看了很多评论，发现很多老外确实搞不清关税原理，还有说让出口商交税补贴美国政府的
@@WarrenHolly they didn't have the balls to stand up and say Trump is wrong. He rudely made a comment at one of his rallies about tariffs that the countryof origin will pay the cost when they get hit with high tariffs he puts on their goods.....supporters clapped and agreed with him..
Stocks are falling and bond yields are rising, but markets still don’t seem convinced the Federal Reserve will pursue plans to keep increasing interest rates until inflation is under control. I'm still at a crossroads deciding if to liquidate my $117k stocck portfolio, what’s the best way to take advantage of this bear market?
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I enjoy my day to day market decisions being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not outperform, been using a portfolio-coach for over 2years+ and I've netted over $300k .
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A vast majority of American companies don't want to pay American-living wages. This is why they shipped manufacturing overseas. Wages have not risen with the cost of living. The rich get extensively richer, while the "middle class" has become poor. Unfortunately, a lot of blue collar folks voted for Trump, and he will only make their situations worse. We're at a "wait and see" stage of life right now in regards to what lies ahead. I don't think I've ever been worried to have someone in office of our country until now. Hopefully y'all have saved up some money!
Companies don't want to pay those American salaries because American customers won't buy those more expensive goods.
@bp4187 you mean how everything has consistently gotten more expensive over time yet wages haven't kept up? My dude, your argument is genuinely sad.
@@bp4187
@PBFoote-mo2zr at this point, Trump followers just need to admit they want to keep the middle class down while making the elite richer. Most won't understand this, but it's just a fact. Call a spade a spade, man 😂
The Chinese also played a huge part in
Really???? Trump and all his friends have used China to produce all their products and services. And now because China is well developed now they want to go after China. All American companies made this happen by moving their production to China.😂😂😂
Yes this happened because of greed from the big corporations they wanted to keep more profits they slowly started moving companies out of the US to overseas for cheaper labor.
Yeah and supposedly hes a genius 🤣
American businesses to moving production to overseas comes down to simple cost benefits analyses.
The correct question to ask is what are the reasons why production is cheaper and less risky in far away foreign countries?
@ the correct question to ask is…. Why Trump is not doing what he’s saying??? Trump keeps saying Americans first but when it comes to his money,his pockets are first. And he expects every other company to comply with American first. Hypocrisy!!!
You’re actually asking a very similar question. If Trump is hypocritically exploiting production in China, it’s because it’s way cheaper to do so for profit. Why is it cheaper to produce in China has largely to do with cheaper labor. Why is labor in China cheaper? Because China has lower minimum wages, a large pool of available workers, less stringent labor regulations, and a government policy that often prioritizes economic growth over worker rights (just to name a few). Which American political party is the bigger hypocrite?
Cue massive dumps of copium from MAGAts.
Nahh. Just curious to see what happens. Don't need to call me a magot btw
Okay china bot
They deserved to pay 200% on all goods and if they can't afford it tell them to pull yourself by the bootstraps and get a real job
trump talks trash on the internet but kiss up in person
Agree 10000%. He is a spoiled Brat, just wants to do anything he likes without considering others, He lied all his life in anything, business particularly and also women.
Like you
@@Dman-c5cMAGA
American CEOs are playing victim. The knew what they were getting into by doing business in China and did so anyway for short-term profits. If they had the stones they would leave - but that would hurt their bonuses.
Doesn't work .
If you don't do business with other nations . You lose .
Try it . Isolate american companies I dare you😂😂😂do it
What a horrible orange person. 🍊
What did you expect
from Frontline?
"I like paying more for everything, and if you disagree then orange person!" -you
Who uses slogans and blame game to attract voters than being able to increase their well beings!
lol nothing wrong he already did this during his previoius term and they got no inflation bot
@@bestonearth1304 He was making Americans paying more for all the imported items!
This is better journalism, great content.
He just interviewed a bunch of neocon psychopaths, without explaining exactly what the reason was.
"Trump was exaggerating" no, Trump was lying.
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It's prudent to seek expert advice when creating a solid financial portfolio due to its complexities.
The truth is, you can't succeed without a reliable person like Naomi
Naomi's distinctive strength is her pragmatic approach, setting her apart from other brokers who often set unrealistic goals and fail to deliver
So, you all know her too? Her success story is everywhere!
If someone is straightforward and skilled in their work, people will always recommend them. I appreciate her honesty.
Buckle up Trump supporters and tighten your belts and get ready to pay more money because you voted for this!
Been paying for decades in lost industries
@ray24051 To be fair China were and are stealing all the IP they can get their hands on. Would you rather a country does what it wants as long as you get cheap products? Glad someone can stand up to them. It’s the reason the Chinese economy has grown and caught up so quickly to Western nations.
@@smersh007 Protectionism is anti-capitalist (aka Socialism)
When landlords raise rent to outrageous amounts and companies increase prices even after record profits,I don’t think that’s because of tariffs
@@TheOne1One1One1One That's because you don't think. Obviously, tariffs increase the cost of goods for consumers of those products as the cost of the tariffs get passed on to the consumers -- as the video said actually happened. Many of those consumers are business owners, corporate executives, and landlords themselves who are greedy and so simply pass-on their increased costs to their own customers and renters in order to compensate for their paying higher prices for the goods they want and need. This eventually results in their workers (aka labor) demanding higher wages themselves to keep-up with higher prices and cost-of-living expenses. In order to meet labor's demand for higher wages, businesses simply raise prices even higher. Therefore, you get INFLATION.
Trumps entire historical record can be summarised in one word...
_FAILURE._
Yes, but facts are not part of the MAGA diet. So now we will pay...dearly.
Hahahaha. It is very true.
😂 I stopped watching as soon as I heard the orange man say, “I am the chosen one.” I don’t know what’s up with these fake Christians. People of faith are dillusional. People of faith create so much havoc on this planet. Just smh.
OK baby killer
Trump derangement syndrome
@ You are so right! The medical community needs to put that into the Diagnostic and Statistical Manual of Mental Disorders.
@@Loyld1608Correct, trump is indeed deranged.
@@biggusfrumpus6193
Elon, Tulci, Robert
The reason they are gaining so fast, is because we are letting them.
American business manufacturers know this, and at the same time, with all that added wealth, also allowed them to purchase even more American, land, businesses, etc.
Tariffs eventually result in inflation down the road. Trump imposed tariffs during his first term in office. What do we have now ? Oh, that's right, INFLATION !
Lol
Then how is it last time Trump did tarrifs in China did we only have 1.5% inflation?
Not Bidens 35%.. THIRTY FIVE %
IM betting you still think the lap top isn't real 😂😂😂
@@GTMemes2 Inflation is a gradual process. Hence, the word 'eventually'. Learn to read.
@@GTMemes2Dont be in such a hurry to admit you are dim.
@@GTMemes2also the highest inflation rate was 9% in June 2022. So just more lies, how typical.
@@GTMemes2 35% inflation LOL highest was 9% in 2022 and it was world wide Biden had nothing to do with it . Typical trump lover , They can really tell them anything .
This is why PBS >>>> First Lady Elon's dumb Efficiency club
Frontline continues to be the best, most objective reporting you can find. Bravo!
Amen.
PTL
I am a youtube-r from China , this is quality content
😂
You should improve your taste.
The government in 1970 allowed us manufacturers to start moving production to China ( look up what party was in power) . 50 years later it now only became an issue. If China stopped all exports to the US tomorrow do you think the US would have an issue. Push to hard push back could be much worse.
Didn't watch. I KNOW how the dollars played out in both the US and China during trump's last term. Money left the US and went into China. It shouldn't have happened that way because the US economy was on FIRE when he came into office, as in there was plenty of work and wages were already trending up and inflation wasn't bad.
FDI is tracked around the world (Foreign Direct Investment). Foreign investment left the US, while it grew to a historic high in China during trump's term and it's very understandable simply listening to trump bash everything, including entire countries and our own allies. A lot of foreign investors pulled their money from the US because of the continual bashing by trump for one, but also the instability that was being created by budget issues and the continual threats of govt. defaulting or bankruptcy. That's a good way to get investors to leave YOUR country which is what happened.
Now it will only get worse.
@@debadam1660 Yup.
Americans are stupid when they think for one trump is a leader, and two better for the economy. It was both Obama and Biden who had to deal with economic hardships and get the US through very hard times with the Great Recession for which the Obama Admin. saw the US recover and the economy get hot, and then Biden had to deal with Covid and global inflation created by many issues including shortages of supply.
Stupidity has no limit is true.
Genuine question… If those tariffs are so bad and Trump is a mad man for imposing them. Why did the current administration extend them through the entire duration of their term and increase them earlier this year?
I think PBS did a really good job just laying out the facts in excerpt of the documentary and allowing people to draw their own conclusions.
China has never asked American companies to forcibly transfer technology, and so far they have not overtaken Europe and the United States in the transmission of fuel cars, but they have found a new path for their development. This is not forced technology transfer.
It's a shame that the US lost its chance in Mexico, Central and South America China is all over the rest of the Americas already. Gigantic ports, very $$ strong investments in car and other factories. We do not know how it will play out on the common citizen. Hoping for welfare in general and a better economic situation for them.
The U.S China trade is asymmetrical, we import more stuff from China than we export to China. In addition, China owns 384,000 acres of American agricultural land, how much land does United States own in China?
中国不追求贸易顺差，关键是我们想要大量购买的美国高科技产品，美国政府却以涉及“可能危害美国安全”禁止我们进口。你说，这能怪谁？
实际上，你可以去问问美国的“中国通”，中国无论在历史、现实和文化传统上都不是一个像俄罗斯喜欢侵略他国的国家，美国无非接受不了自己在世界上说一不二的霸权渐渐衰弱而已。
The Chinese bought land??? More fool them. The US got the land for nothing and made the Chinese pay with hard earned dollars😂
China is not the problem. Corporations being allowed to move the jobs from the US to China is the problem. US corporations are not penalized for moving the jobs, so more and more of our products are being made by overseas companies. US corporations are not US corporations anymore. They have been allowed to become mostly international, so they divide their spending accordingly. Labor is bought cheaply in a communist country, Profits are managed in a country that the Republicans are trying to make a tax haven. The problem is that they are not sharing the benefits of this wealth with anyone who is not already wealthy.
Corporations being allowed to do this is also a NATIONAL SECURITY ISSUE, and we learned this during the pandemic, when N-95 masks were in short supply and not manufactured in any quantity in the US because labor is cheaper when the workers are duly compensated by communists, and the corporations that reap the profits of communism are freed of taxation by the government that allowed those corporations to leave the citizens they were elected to protect jobless and/or underpaid.
Corporations now want to pass this assholery on to you via Donnie Trumpie! Trumpie has vowed to equalize through TARRIFFS. Tarriffs will only pass on the cost of corporations shipping your jobs overseas, creating NATIONAL SECURITY ISSUES on to the American consumer.. Who will be hardest hit? The ones who's income is supposed to cover their COST OF LIVING.
Yet their battle cry, when you want compensation for the sacrificing of your job security is "SOCIALISM!" when you want a little security in your life. "COMMUNISM!" when you band together and form labor unions to protect what little you have left, and are striving for just wages, benefits, and safe working conditions. Yet they support the elites, which is exactly what this country was fighting when it was founded. True patriots fight elitism.
I think Republican want slavery again. Republicans want to pay nothing for the labor, which would absolutely want the baubles it produces, and gladly enslave themselves if they could only have this convenience of being told what they want and how much they love it.
"Labor is bought cheaply in a communist country" .... WRONG.
Try India - the world's LARGEST Democracy. Labor costs there are even lower than in China. Or Bangladesh, another democratic country but with exceedingly low wages. What do you have to say to this?
“I am the chosen one,” declared the cult leader, further strengthening the unwavering belief of his followers.
Insanity is doing the same thing over and over and expecting different results
Well, blame who !? Blame you for being greedy for cheap labor ! Blame you for greedy of China biggest markets! And lastly blame you for your own stupidity ! 😂😂😂
Ask Boeing, Microsoft, HP, Dell, GM, GE, Ford, Apple, Tesla, Intel... how much money they have made in China.
Trump couldn’t economically take on a casino when the odds are with the house.
The tariffs are a pass thru cost that get passed thru to the consumer.
Can't wait for this documentary
Bolton was a loser good that he’s out totally
The Greatest thieving nation accusing others of theft is GOLDSTAR.
Who do everyone think that USA does not steal intellectual property?
Its called intelligence and USA is by far the biggest player.
Full doccie?
this vulgar man is going to CANCEL the Nafta agreement with HIS signature.
HOW can anyone trust him for the next agreement
"..they are eating the cats,
they are eating the dogs,
of the people who lived there."
Trust this man, he can REALLY tell the truth.
How is US gonna sustain its economic growth when it's spending like a Santa Claus with money it doesn't have? 😂😂😂
Harvard University has reportedly begun limiting the admission of students associated with the tens of thousands of academic programs endorsed by the People's Republic of China (PRC). This measure is being taken as part of broader efforts to protect U.S. national security interests and to safeguard the nation’s commitment to freedom, democratic governance, and the protection of intellectual property rights.
Officials have expressed concerns that the increasing presence of individuals with pro-Beijing affiliations in critical fields, such as law, could facilitate the erosion of U.S. democratic institutions and the suppression of freedoms essential to American society. These developments mirror the PRC’s actions in Hong Kong, where autonomy and civil liberties were systematically dismantled and replaced with centralized authoritarian control.
This initiative reflects a strategic imperative to preserve the United States' foundational values of life, liberty, and the pursuit of happiness, which are essential to the stability and prosperity of the nation. By securing academic institutions against foreign influence that seeks to undermine these principles, the U.S. aims to maintain its leadership in the global democratic order and protect the integrity of its educational, legal, and economic systems.
On tariffs and protectionism, when China does it: bad; when America does it: good. Do I have that right?
China has national security interests and the right to self defence.
Service through all these factories are shutting down I don't hear him talking about it takes to start them up again and what is the cost and what is the labor cost and where will we get the materials if they withdraw questions questions questions
i believe Project 2025 will try and defund PBS.
Why dont you make a documentry about hillary or kamala or barack
None of whom are the US president....tf are they supposed to talk about
"they're making our product!" Trump merchandise: "made in China"
It’s very simple. If you don’t accept them then don’t trade with them. Willing buyer willing seller!!
"I am the chosen one" soeaks volumes.
I’m for building up the US economy. The problem is US citizens don’t want to work as hard as the Chinese.
This is not a very well produced content. Just an amaglamtion of pieces of old news. No refreshing ideas, only beating around the bushes
Manufacturing should be brought to South America, it will create jobs and reduce illegal immigration.
Correct
donOld really believes that he can use tariffs to bully friends and foes alike to his will. In fact, in terms of foreign policy, it seems to be all he has. (If your only tool is a hammer - everything looks like a nail.)
"The more comfortable China gets, the more comfortable the Chinese Communist Party leaders are, the more aggressive & grander their ambitions. I think a more 'confrontational approach', reminiscent of the cold war is what we should be looking to now as examples. You always want 'the enemy' to be worried what you might do." - Trump's NatSec Advisor
Americans regard everyone with suspicion, as if through enemy eyes, even within their own country. It's a sad way to live.
Why blame China ?.I hated all copy all production usa china code all on the word............
Low information trump voters still support him
Wow, cannot believe I liked PBS.
❤️🇺🇸 TRUMP !! 🇺🇸❤️
Ironic, since Trump himself was known to show other country leaders our capabilities. I was a military contractor for US aerospace parts for a decade. The fact that China built a fighter jet almost exactly like our newest fleet to a T, we knew what happened.
Everyone must be making money or why keep buying
MAGA 1 failed Trumpnomics 1
MAGA 2 will fail Trumpnomics 2
People who use old ways never open new doors
Only idiot doing the same action and expecting different result
If these forecast tariff are implemented, that will be a slow suicide
Ist day he blamed China, 2nd day he blamed his predecessor and 3rd day he blamed the whole world 😂.
Trump signed that Presidential trade war document (6:01) with a permanent marker!
When landlords raise rent to outrageous amounts and companies increase prices even after record profits,I don’t think that’s because of tariffs
That’s called price gouging, five companies buy all the eggs and supply them to market, 3 companies buy all the chickens, process them and set the prices, same for beef, etc. You think they don’t agree on the price like any cartel. These same companies pay into Super Pacs that support the nominees who will protect their bottom lines, not you as a consumer or worker. Wake up!
Here’s the reality of tariffs. The consumer pays and will be paying for a long time. Manufacturers can’t repatriate their industry overnight. Worse, they may not care too.
just remember China is the world leading in innovation since 2021
Bad news for global economy and people around the world 😢
What really gets me is We're Capitalist country doing un Capitalist things so we can out capitalize someone who is just being a Capitalist..
Cant wait for the second round.
There were so many carve outs with those tariffs that they did little.
I think the world should learn that if no one buys American products and services, global turmoil would ensue. America would not accept to be second richest, America would not accept to be poor. The world should buy American products and accept the global status quo.
So there have been tariiffs for 7 years and there is high inflation and the manufacturing never returned. 😢
America is trying to defend its first position, while China is going to be a challenger. It will be an intensive competition.
I wish we stopped fighting other countries
Bolton is a bitter failure fired disgruntle employee
To the person who has only a hammer in his toolbox, every problem looks like a nail.
He isn’t wrong. But methods are terrible.
CHINA war😂😂. The USA made CHINA great😂😂. Thr USA made Russia great😂😂. The USA made the world great 😂😂. All the wars are dry coconut clashing together 😊.
US companies shipped stuff in the first place to china to be assembled because of cheap their labor..it was encouraged
❤❤ Long live China ❤❤
easy to blame someone else for their own failure
Not a fan of globalization but got to admit Chinese can make alot of products at good prices.
7:57 Eh? _Peking_ University?? Is that an insult by PBS?
Ignorance?
Or is it really still called Peking U?
I hated how they starched my shirts
USA Should blame it self for the Failure.
Too low volume
If a country is not producing, it definitely will lose out in present and perhaps in future economic strenght. Tariff would not help much, total refusal from imports on less quality products would deter most of the unwanted products (trash). Meanwhile, produce.
Sinophobia