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U.S. working to counter cheap Chinese exports 

CBS News
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U.S. officials, from the president to the Treasury secretary, are accusing China of pushing cheap goods. Mark Wu, professor of law at Harvard University, joins CBS News to examine how low-priced Chinese products could impact American businesses, workers and the global economy.
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17 апр 2024

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Комментарии : 254   
@mwqjdpk
@mwqjdpk Месяц назад
Americans have every right to buy lousy yet expensive products made by their union workers.
@Dave05J
@Dave05J Месяц назад
Chinese products are worse!
@danwelterweight4137
@danwelterweight4137 Месяц назад
Only 11% of all American workers are unionized. When American manufacturering was at it speak it was like 40% You destroyed the Unions and then shipped their jobs overseas. If the US actually protected its unions what happened to US manufacturering wouldn't have happened.
@wei270
@wei270 Месяц назад
@@danwelterweight4137 The moment the corps has the ability to move their production plants out of the country, is the moment the government lost their ability to protect the union. mobility is an advantage only the rich enjoys, and it is a powerful one.
@brotherbig4651
@brotherbig4651 Месяц назад
@@wei270 The corps always have the ability.
@nolansantimelo8266
@nolansantimelo8266 Месяц назад
😮​@@danwelterweight4137
@liamporter1137
@liamporter1137 Месяц назад
Based on US and Yellen logic, China should also tell US to tell Apple to produce fewer iPhone and Microsoft to reduce number of Windows licenses. Shocking that US can say such a thing. Does US and Yellen understand how business work?
@LanNguyen-vd4zt
@LanNguyen-vd4zt Месяц назад
Chinese people so not used Microsoft licensing. 1 window license for every 200k laptop. All pirated
@JJJohnson441
@JJJohnson441 Месяц назад
Based on your statement, you don't know what logic is.
@Tdzzz450
@Tdzzz450 Месяц назад
Ban Apple asap
@LanNguyen-vd4zt
@LanNguyen-vd4zt Месяц назад
@@Tdzzz450 need to ban your hair cut
@Tdzzz450
@Tdzzz450 Месяц назад
@@LanNguyen-vd4zt thanks for the advice vietcongbot
@ghteo9766
@ghteo9766 Месяц назад
Among China's car production, only 15% are exported. As for German cars, 75% are sold to foreign countries. Why the US never call German car production overcapacity??
@bullpup1337
@bullpup1337 Месяц назад
because Germany respects WTO rulings
@franciscoduran74
@franciscoduran74 Месяц назад
​@@bullpup1337 😒 for sure the west respects a lot of things, we know that...
@wilmeramadoraguilar47
@wilmeramadoraguilar47 Месяц назад
@@bullpup1337 Which ruling specifically?
@element2dd
@element2dd Месяц назад
@@bullpup1337does US respect WTO rule?
@casawi1986
@casawi1986 Месяц назад
​@@bullpup1337like ?
@user-ew5eh2co5p
@user-ew5eh2co5p Месяц назад
There are no cheap Chinese imports. Only imports what Americans can afford.
@francoisguyot9770
@francoisguyot9770 Месяц назад
China did not produce cars a decade ago. BAck then, China could not compete against the US and EU. We would sell our cars at exorbitant prices, because we could not scale, and our labor and manufacturing was too expensive. So we went to china to exploit the huge Chinese market, lowering our prices by improving the scalability and cutting costs of production in labor supply chain as well as logistics. We made insane profits selling to China, who bought our cars for years without complaining, without jacking up tariffs... MOf course all we only allowed them to export cheap low quality stuffs.However the trade balance was still in their favor, because they produce in mass for Americans who loves cheap stuffs even if complaining about China's low quality. Now China caught up and make their own EV cars. They're super competitive, offering a range of prices and qualities that could easily allow us to start replacing our ICE cars and go green. But do we care about our citizens needs? Do do we even care about clean energy? US will never be able to produce our own EV cars - economically - Our labor is too high and our supply chain inexistant. So we just want to knee cap China, play nasty... even if it means shooting ourselves on the foot. Go figure America these days..? personally I can't !
@yaoliang1580
@yaoliang1580 Месяц назад
The only thing the US can outcompete China is to lie and talk nonsense 24/7 and use their rumour mongering propaganda machine to sell these garbage narrative to their general public who will eagerly lap up all these trash fed to them
@michael511128
@michael511128 Месяц назад
Cheap Chinese goods are all Americans can afford or otherwise your Walmart wouldn’t place orders to have them made for you. Who are the sellers? Chinese or Americans? Use your head.
@williammurray1341
@williammurray1341 Месяц назад
Sam Walton started with a buy American ideal. Sadly, American producers couldn't or wouldn't compete with imports.
@huanghermann5207
@huanghermann5207 Месяц назад
How much money does China have to print to subsidise all the products which the US accuses China have subsidised? China cannot print money as the US does.
@LanNguyen-vd4zt
@LanNguyen-vd4zt Месяц назад
50 cent for your comment
@hasanpasha01
@hasanpasha01 Месяц назад
​@@LanNguyen-vd4zt stop barking in every comment.
@LanNguyen-vd4zt
@LanNguyen-vd4zt Месяц назад
@@hasanpasha01 who you ? Then let meet up in person, if you prefer that way
@tonyh7158
@tonyh7158 Месяц назад
Don't worry, American company will sell you a lot of over price 'made in USA' product and they will made a huge profit from that, who care the people are suffering.
@sww313
@sww313 19 дней назад
Definitely no. Selling made in the USA is less profitable than made in China. That's the reason why, under the free market, American companies are selling made-in-China products.
@milibibi2152
@milibibi2152 Месяц назад
Ban, threats and sanction that all the West can do... Why not trying to do better? Why not invest in education to have more ingineers?
@drk7016
@drk7016 Месяц назад
Invested money in Ukraine and Israel
@jazzman7167
@jazzman7167 Месяц назад
I need an inexpensive car, I don’t want an overpriced UAW clunker. You know cars that the middle class can’t afford.
@mariajones8304
@mariajones8304 Месяц назад
Plenty of cars here to choose from. What are you whining about? 😮
@marktrinidad7650
@marktrinidad7650 Месяц назад
@@mariajones8304 You high buddy?
@Coffeeholic1740
@Coffeeholic1740 Месяц назад
@@mariajones8304like which for example? The Detroit big 3 or the Korean junks?
@Withnail1969
@Withnail1969 7 дней назад
You need a Toyota.
@hyuxion
@hyuxion Месяц назад
Those rich politicians clearly don’t under how average Americans live their lives, we all need affordable and good quality products!
@jonathangoodell1524
@jonathangoodell1524 Месяц назад
I own an ice company. Clearly small money not a government worry. But I can buy a brand new and great quality ice freezer and pay to ship all the way to California for $1840 American. Same product here $3450
@mariajones8304
@mariajones8304 Месяц назад
Going to have to support local businesses now. Better for you and USA.
@HafiZzZzZz
@HafiZzZzZz Месяц назад
Every country out there should also support their own local companies instead of importing from USA, right ?
@vangpham2514
@vangpham2514 Месяц назад
@@mariajones8304 better said and done when it is not your money.
@soonpohtay4794
@soonpohtay4794 Месяц назад
@@mariajones8304are you willing to buy ice from him for 2times more?😂😂😂😂
@Drummer117
@Drummer117 Месяц назад
@@soonpohtay4794yes if it means people can breathe clean blue sky air and have green plants around.
@wentjen
@wentjen Месяц назад
Cheap products means good news for all of us consumers in US. We should all thank China to make this possible instead. Don’t let the 1% makes you think otherwise!
@triple8331
@triple8331 Месяц назад
US getting desperate 🙄
@jeanlaikan8400
@jeanlaikan8400 Месяц назад
China should work to counter expensive US exports
@samanthajones4877
@samanthajones4877 Месяц назад
We all need to complain about the over supply of US weapons and dollars.
@sunnychew905
@sunnychew905 Месяц назад
Ha ha he was stumped for a minute on How To answer that The west Is equally complicit on subsidizing its Key industries 😂😂
@nmew6926
@nmew6926 Месяц назад
Cheaper products will allow people sufficient money left to pay rents. Otherwise more homeless on the streets
@DistrustHumanz
@DistrustHumanz Месяц назад
So, is capitalism bad now? Or is cheap stuff good when it's only made in the U.S.? Will the U.S. stop giving taxpayer-funded subsidies to its own private businesses that make inferior products?
@jefferyyounce5372
@jefferyyounce5372 Месяц назад
China gives subsidize to Chinese companies. Even the ones who peddle fentanyl to the USA.
@stevelundgren990
@stevelundgren990 Месяц назад
Thank you Chairman Xi.
@jeffrhorer1811
@jeffrhorer1811 Месяц назад
No thanks to Chinese vehicles.
@damham5689
@damham5689 Месяц назад
​​@@jeffrhorer1811Buick, Volvo, and probably 60% of the parts in all cars are made in China. US mostly just assembled cars. Even Tesla uses a lot if Chinese parts. They even use BYD batteries in many of their cars.
@DW-op7ly
@DW-op7ly Месяц назад
What most people don’t get? Is it is US multinationals making the lion share of those profits inflating the trade deficit between China to the USA Where Chinese companies mostly trade with their Belt and Road country partners these days These US multinationals are the ones sending you that junk These US multinationals are still using the same highly polluting labour intensive factories formula. As they were using more and more illegal labour smuggled in from South East Asia. Or more and more automation in their wholly owned factories in China these days These are the same companies who got those trump Corporate tax cuts you for sure cheered about Same companies based in China who derived 392 billion in sales into the Chinese domestic markets in 2018 when trump started his trade war Same companies averaging 20 to 40% of their earnings from China whose high flying stocks are in your 401k/Pensions Same companies who the American farmer and consumer were sacrificed. So the USA could try and get “more” or “better” access for the US multinationals, into those Chinese Domestic markets during the trade war Same companies whose HQ is in a North American city you can easily go stand outside and protest at…. Why didn’t China pull the nuclear trade option and boot these US companies you might ask? They don’t believe in a zero sum game type of thinking As I can show you during the trade war. China didn’t pull out their big trade weapons, in fact they were lowering tariffs to most countries not raising them 👇 Trump’s ‘trade war’ with China won’t be so easy to win Having learned these value chain lessons, Beijing has worked hard to bring more of the high-value-adding parts of value chains into China, and to build hi-tech industries in which it can establish a globally competitive position. China has successfully done this in areas like high-speed trains (CRRC), digital telecoms networks (Huawei), drones (DJI) and hi-tech batteries (BYD). Trump’s team is not wrong to be worried about China’s competitive emergence here, and to target these new-tech sectors in the latest trade war sortie. But here’s the problem: China exports almost none of these new-tech products to the US, making US tariff threats meaningless. Rather, they go to developing economy markets - many embraced by the Belt and Road initiative - where China has succeeded in building a hi-tech, high-value brand reputation. As Trump’s team will quickly learn, the challenge of finding China’s pain points is bigger than expected: for a decade China’s priority has been to base growth on the domestic consumer economy and reduce reliance on the low-value-adding export processing industries (many of which are US- or Hong Kong-owned and concentrated in the Pearl River Delta) SCMP
@jimkuan8493
@jimkuan8493 Месяц назад
I thought it was National Security ... have we changed the narrative?
@binder666
@binder666 Месяц назад
What if American consumers *like* cheap Chinese goods? Limiting them would put Amazon out of business.
@adamyami2902
@adamyami2902 Месяц назад
And the general public will be the ones paying the difference. 🎉
@paulyi729
@paulyi729 Месяц назад
Professor of Law talks on technology issues?
@mwqjdpk
@mwqjdpk Месяц назад
This anchor is very ignorant about China
@marvinfok65
@marvinfok65 Месяц назад
US can continue to banned Chinese products, but people like us in Asia don't want to ban because it keeps our inflation low! US is exporting their inflation to the world while China is helping us to keep cost low!
@johnnywalker2870
@johnnywalker2870 Месяц назад
Hey US, keep up or get out of the way!
@JW-xr9kb
@JW-xr9kb Месяц назад
China should investigate American’s cheap agriculture products
@leondee918
@leondee918 28 дней назад
It's much better to buy overcapacity products with affordable price than to buy overpriced products
@supremesoftware
@supremesoftware Месяц назад
Let it go,. America. Nobody makes anything cheaper &. better than China, least of all, America.
@meangreen6044
@meangreen6044 Месяц назад
Excellent news segment! I enjoy hearing about how foreign policies are impacting Americans
@teebone2157
@teebone2157 Месяц назад
If China can ship a product that's higher quality and cost less. I'm all for it. I'm tired of politicians and Washington in general, trying to keep prices high to benefit US corporations.
@truck-kun929
@truck-kun929 Месяц назад
Seems like China is subsidizing their economy rather than costly foreign wars. Good use of taxes.
@MSDGroup-ez6zk
@MSDGroup-ez6zk Месяц назад
They don't subsidize. China and USA have different approaches on business. China like most east Asian countries want to sell their goods cheaper to get million customers while the USA concerns about large net profit with expensive goods. For people in the world, money spend is better less so they can put that money for investment. That's why the world loves China products. China helps people for saving.
@shellysmith1037
@shellysmith1037 Месяц назад
doubtful that US actually is countering anything
@jonswap9097
@jonswap9097 20 дней назад
Timu is dumping products that can not be sold in China, or exported at production costs at well below production price. This need to be dealt with.
@paulyi729
@paulyi729 Месяц назад
Cheap Chinese products? You should add cheap n excellent products.
@Teting7484f
@Teting7484f Месяц назад
What will amazon sell?
@leondee918
@leondee918 28 дней назад
Overpriced products
@Anthony-dj4nd
@Anthony-dj4nd Месяц назад
The last thing American's need are cheaper and affordable goods!😂🤣
@Seven.Heavenly.Sins.666
@Seven.Heavenly.Sins.666 Месяц назад
Overcapacity = Overprinting of toilet papers.😂😅🤣😂🤣😅
@user-cy8zj9nd6q
@user-cy8zj9nd6q Месяц назад
The US should get rid of unions so they can build stuff at a lower price
@teebone2157
@teebone2157 Месяц назад
Companies will still have to pay a wage that will supported workers living no way in hell.They're going to sit in those factories everyday for $11.An hour of building microchips no more slavery especially into days economy
@Heterogeneity
@Heterogeneity Месяц назад
So we are finally noticing the problem thirty years too late. 😂
@davidli9887
@davidli9887 Месяц назад
Wow after thirty years of enjoying cheap goods and better standards of living, US finally decided to embrace inflation. We have the king of logical reasoning here.
@yapsiauwsoengie6507
@yapsiauwsoengie6507 Месяц назад
Yellen's brain is over capacity already
@bobcat6751
@bobcat6751 Месяц назад
There is nothing wrong with investing! And successful investments benefit everyone as a whole! Notice how the US are NOT accusing China of "dumping" which is selling at below cost because they are not. From a economic and logic stand point China as a whole has to be making money at what they are selling if not where are they getting the money to keep funding new money losing projects like their 5G, Solar Panels, batteries, and now EV's. I understand they may be subsidizing the development of new projects with profits from their profitable mature products but that is just investing. In short I don't think the BYD or the solar panel you are buying off-the-shelf today are being sold to you at at lost, its R&D was subsidized during its development from profits from their previous projects but that is just INVESTING!
@tristanx3508
@tristanx3508 Месяц назад
That's right. All American adult is so self-delusional to say that we ban all "cheap" Chinese hi tech product such as EV, computer, electronics, etc.
@Bebraveonce
@Bebraveonce Месяц назад
Not only cheap it’s toxic junk
@leondee918
@leondee918 28 дней назад
Strange, the US has been importing the so-called "toxic junk" for so long, and the people enjoy it. Who is stupid here? I guess you typed your comment using that toxic junk, too. No?
@3DNA_tech
@3DNA_tech Месяц назад
Just spitballing here.... Decoupling or de-risking is often floating in the news these days What is going on here and why? Does a managed economy have a structural competitive advantage? "Tendency for profits will be to fall towards zero" Is that what we see at play on the global market? Supply networks built by globalization undergo seismic disruption/reformation Geopolitical competition between market capitalism vs state subsidized Will capitalists deindustrialize their own countries if it means profit? It's not until those affected by De-Industrialization (De-I) mobilize politically Erect tariffs/trade barriers and make a strategic defense point against De-I That this conversation topic is even considered Conversely, subsidy yields high employment, industrialization, affordability Standards of living rising for the vast majority of the population But also overproduction and a dependency on foreign trade, precisely: Market capitalists profiting from globalization While looking the other way on De-I Is it ironic? Perhaps localized De-I caused by globalization is just a short time period A blip in digital transformation of the global economy at large. AI could usher in changes only dreamt upon in science-fiction We build an ever more robotic-automated industrialized Artificially-intelligent means of production, to serve us But may end up serving it. Fascinating theories underlying the interplay of economics and geopolitics Green Tech, Chips, E Cars, Steel, the list goes on
@sidimote
@sidimote Месяц назад
"Does a managed economy have a structural competitive advantage?" Yes. That's why China has been thriving, and that's why... the US has been thriving. Stop believing the neoliberal propaganda in the media, the US doesn't do less protectionism or give less subsidies to its home companies than China does. What is the CHIPS and Science Act $280 BILLIONS subsidies, if not a managed protectionnist economy ? This is an obvious violation of WTO rules, but who cares ?
@brotherbig4651
@brotherbig4651 Месяц назад
I thought US people hate inflation? Now they are countering cheap and quality goods?
@pluribus_unum
@pluribus_unum Месяц назад
Instant landfill stuffing.
@DW-op7ly
@DW-op7ly Месяц назад
What most people don’t get? Is it is US multinationals making the lion share of those profits inflating the trade deficit between China to the USA Where Chinese companies mostly trade with their Belt and Road country partners these days These US multinationals are the ones sending you that junk These US multinationals are still using the same highly polluting labour intensive factories formula. As they were using more and more illegal labour smuggled in from South East Asia. Or more and more automation in their wholly owned factories in China these days These are the same companies who got those trump Corporate tax cuts you for sure cheered about Same companies based in China who derived 392 billion in sales into the Chinese domestic markets in 2018 when trump started his trade war Same companies averaging 20 to 40% of their earnings from China whose high flying stocks are in your 401k/Pensions Same companies who the American farmer and consumer were sacrificed. So the USA could try and get “more” or “better” access for the US multinationals, into those Chinese Domestic markets during the trade war Same companies whose HQ is in a North American city you can easily go stand outside and protest at…. Why didn’t China pull the nuclear trade option and boot these US companies you might ask? They don’t believe in a zero sum game type of thinking As I can show you during the trade war. China didn’t pull out their big trade weapons, in fact they were lowering tariffs to most countries not raising them 👇 Trump’s ‘trade war’ with China won’t be so easy to win Having learned these value chain lessons, Beijing has worked hard to bring more of the high-value-adding parts of value chains into China, and to build hi-tech industries in which it can establish a globally competitive position. China has successfully done this in areas like high-speed trains (CRRC), digital telecoms networks (Huawei), drones (DJI) and hi-tech batteries (BYD). Trump’s team is not wrong to be worried about China’s competitive emergence here, and to target these new-tech sectors in the latest trade war sortie. But here’s the problem: China exports almost none of these new-tech products to the US, making US tariff threats meaningless. Rather, they go to developing economy markets - many embraced by the Belt and Road initiative - where China has succeeded in building a hi-tech, high-value brand reputation. As Trump’s team will quickly learn, the challenge of finding China’s pain points is bigger than expected: for a decade China’s priority has been to base growth on the domestic consumer economy and reduce reliance on the low-value-adding export processing industries (many of which are US- or Hong Kong-owned and concentrated in the Pearl River Delta) SCMP
@FloatingCastle
@FloatingCastle Месяц назад
They're countering all the exports and China has some high quality stuff.
@prasitkoysiripong5150
@prasitkoysiripong5150 6 дней назад
Low quality? How can you sell low quality cars?
@peetymcfly8871
@peetymcfly8871 Месяц назад
It's infuriating to think about the colossal sums of money the U.S. government has squandered on wars and foreign aid, especially when considering the dire needs right here at home. If only they had prioritized subsidizing U.S. manufacturing companies and businesses, like China does, we could have tackled inflation head-on and reduced our reliance on foreign sources for essential goods and technologies. Instead, our tax dollars have been funneled into overseas conflicts and questionable international ventures, while American workers and industries struggle to compete in an increasingly challenging global economy. It's a shameful betrayal of the American people and a damning indictment of our government's misplaced priorities.
@hansolo8225
@hansolo8225 Месяц назад
Cheap products reduce prices for everyone!
@meangreen6044
@meangreen6044 Месяц назад
Except China mass produces cheap products that are also low quality. The lifetime of made in china products is very low, and is intentionally done to get repeat buyers who are drawn to the low cost but fail to realize they’ll be a loop of continuously buying the same thing, which is what China wants to boost their revenue
@DreyfuZzzz
@DreyfuZzzz Месяц назад
idk about you but all the cheap crap from china is garbage and break easily. I would be ok if we stopped buying from them at all.
@DW-op7ly
@DW-op7ly Месяц назад
What most people don’t get? Is it is US multinationals making the lion share of those profits inflating the trade deficit between China to the USA Where Chinese companies mostly trade with their Belt and Road country partners these days These US multinationals are the ones sending you that junk These US multinationals are still using the same highly polluting labour intensive factories formula. As they were using more and more illegal labour smuggled in from South East Asia. Or more and more automation in their wholly owned factories in China these days These are the same companies who got those trump Corporate tax cuts you for sure cheered about Same companies based in China who derived 392 billion in sales into the Chinese domestic markets in 2018 when trump started his trade war Same companies averaging 20 to 40% of their earnings from China whose high flying stocks are in your 401k/Pensions Same companies who the American farmer and consumer were sacrificed. So the USA could try and get “more” or “better” access for the US multinationals, into those Chinese Domestic markets during the trade war Same companies whose HQ is in a North American city you can easily go stand outside and protest at…. Why didn’t China pull the nuclear trade option and boot these US companies you might ask? They don’t believe in a zero sum game type of thinking As I can show you during the trade war. China didn’t pull out their big trade weapons, in fact they were lowering tariffs to most countries not raising them 👇 Trump’s ‘trade war’ with China won’t be so easy to win Having learned these value chain lessons, Beijing has worked hard to bring more of the high-value-adding parts of value chains into China, and to build hi-tech industries in which it can establish a globally competitive position. China has successfully done this in areas like high-speed trains (CRRC), digital telecoms networks (Huawei), drones (DJI) and hi-tech batteries (BYD). Trump’s team is not wrong to be worried about China’s competitive emergence here, and to target these new-tech sectors in the latest trade war sortie. But here’s the problem: China exports almost none of these new-tech products to the US, making US tariff threats meaningless. Rather, they go to developing economy markets - many embraced by the Belt and Road initiative - where China has succeeded in building a hi-tech, high-value brand reputation. As Trump’s team will quickly learn, the challenge of finding China’s pain points is bigger than expected: for a decade China’s priority has been to base growth on the domestic consumer economy and reduce reliance on the low-value-adding export processing industries (many of which are US- or Hong Kong-owned and concentrated in the Pearl River Delta) SCMP
@Dave05J
@Dave05J Месяц назад
And puts people in unemployment!
@hansolo8225
@hansolo8225 Месяц назад
@@Dave05J Protectionism is a form of social welfare where the consumer pays a tax in the form of higher prices to support the lifestyle of a domestic worker.
@jackorange1882
@jackorange1882 Месяц назад
Alot of words & propaganda just to admit that America CANT compete. Sad
@Coffeeholic1740
@Coffeeholic1740 Месяц назад
Oh yeah I’d like the inflation to get higher please
@cowholy3031
@cowholy3031 21 день назад
You press green paper to exchange China's exports but blame them for selling to you. How shameless!
@hubreydavid7864
@hubreydavid7864 16 дней назад
America's needs to work harder.
@pennypinchhomefinder7887
@pennypinchhomefinder7887 Месяц назад
I only buy Chinese products from amazon racist companies in us and loss prevention at stores ran me off
@richardrummage7830
@richardrummage7830 Месяц назад
Lol it's now a problem while this was promoted for decades
@Drummer117
@Drummer117 Месяц назад
Everyone would buy local produce if the price difference and wages weren’t wildly different. Non-profit, or greed induced wasteland?
@ronaldchua9712
@ronaldchua9712 Месяц назад
HOW TO COUNTER ??????????
@waichoi
@waichoi 27 дней назад
That why inflation so high in America
@HelloWorld-hb7yt
@HelloWorld-hb7yt Месяц назад
how?
@mrmustangman
@mrmustangman Месяц назад
the place i work gets it's 2 inch lug screws from taiwan.... SMH 🤯 ....we use like 15,000 in 24 hours.!!!!
@tonyh7158
@tonyh7158 Месяц назад
Don't worry, In USA government mind, taiwan is not china.
@GotoHere
@GotoHere Месяц назад
10% for the big guy.
@Steve-bw4oh
@Steve-bw4oh Месяц назад
You mean cheap knockoffs that will fail and injure you...
@isra3255
@isra3255 Месяц назад
Stop bringing those and put aranceles
@jacquelinesilvers5267
@jacquelinesilvers5267 Месяц назад
توهم
@mujur9101
@mujur9101 Месяц назад
Honestly most of Chinese international version products sold overseas are more expensive with the same domestic version (Chinese Language or menu only). 😅😅😅
@ckwong1533
@ckwong1533 Месяц назад
What happened to American competitive sprite 😢
@pyrophobia133
@pyrophobia133 Месяц назад
working hard to make our daily living expenses increase
@user-lr8zd6yl8m
@user-lr8zd6yl8m Месяц назад
Nobody forced you to buy high quality products with low Price tag from China or you have the freedom to choose and to buy low price,low quality things from India.
@pradanal.m.r.8276
@pradanal.m.r.8276 Месяц назад
Indonesia ask many times for investment for their battery industries but always being neglected. Batteries is about 30~40% of cost from any Renewable, be it EV, Solar, Wind... Now China has close the loop by dominating Indonesia baterry industry along with South Korean... I dont know a better word other than "stupid"
@hakeemtheplace2959
@hakeemtheplace2959 Месяц назад
Lol gotcha.
@tomsunuwar6940
@tomsunuwar6940 Месяц назад
Two tongues USA 🇺🇸 uk 🇬🇧 western 😂😂
@lostinmuzak
@lostinmuzak Месяц назад
When you produce more than what’s needed you are unnecessarily worsening the climate issues.
@casparcoaster1936
@casparcoaster1936 Месяц назад
Still can't believe Trump was the only guy to have the guts to impose tariffs...
@teebone2157
@teebone2157 Месяц назад
I'm sorry, but United States. Citizens are dealing with a highly inflationary environment and if China has some cheap products that we can use daily, we need access to them. I'm tired of this b******* from my government.
@RacerX1971
@RacerX1971 Месяц назад
Why does she sound like Elmer Pud😂😂😂
@jacobl5488
@jacobl5488 Месяц назад
cant wait for them CHINESE EVS!
@amunra5330
@amunra5330 Месяц назад
So where will the US buy products?
@Drummer117
@Drummer117 Месяц назад
Hopefully from USA. But the government only seems to let us build high quality local stuff when we’re at war.
@vincentto178
@vincentto178 Месяц назад
Nonsense
@samsamyiu
@samsamyiu Месяц назад
Mr Wu. Aren’t you proud of China.
@richardrummage7830
@richardrummage7830 Месяц назад
Using your contrived logic then Merica over produces wheat, corn and rice so people should stop buying Merican grains😊. Who thinks like this? A child
@AsadAf-rs1mm
@AsadAf-rs1mm Месяц назад
this is a what pat Buchanan talked 1996 and no body listen.
@MillennialAngst
@MillennialAngst Месяц назад
The West is against cheap Chinese goods in sectors higher up the value chain, not things that have historically been outsourced to China. The issue is also more about China offloading their overcapacity (which was done intentionally to prop up GDP) to foreign markets because domestic demand is so low. It’s a strategy fundamentally designed to devalue. And yes, national security is also one of the driving factors. As are human rights, especially the use of Uyghur forced labor. Everything China does these days has an insidious ulterior motive that seeks to undermine the West and its values.
@xfactor6099
@xfactor6099 Месяц назад
And the west doesn't do insidious things to harm the rest of the world?? Only now two can play the game. Now you see what the global south has been suffering in the hands of the USA
@chetanjoshi2159
@chetanjoshi2159 Месяц назад
5th grade knows
@marcionphilologos5367
@marcionphilologos5367 Месяц назад
hahahahahah. Is it louzy quality or state-subsidies?????? IT IS CAPITALISM.
@slayeroftrolls1200
@slayeroftrolls1200 Месяц назад
If only republicans understood money
@slayeroftrolls1200
@slayeroftrolls1200 Месяц назад
@@opinionated_take 9/10 of the biggest welfare states are red kiddo.
@Wolfcamp555
@Wolfcamp555 Месяц назад
Republican Money? Texas has its own currency. It's called the WTI Petro Dollar, backed by Black Gold. All the Red States use our currency.
@DW-op7ly
@DW-op7ly Месяц назад
What most people don’t get? Is it is US multinationals making the lion share of those profits inflating the trade deficit between China to the USA Where Chinese companies mostly trade with their Belt and Road country partners these days These US multinationals are the ones sending you that junk These US multinationals are still using the same highly polluting labour intensive factories formula. As they were using more and more illegal labour smuggled in from South East Asia. Or more and more automation in their wholly owned factories in China these days These are the same companies who got those trump Corporate tax cuts you for sure cheered about Same companies based in China who derived 392 billion in sales into the Chinese domestic markets in 2018 when trump started his trade war Same companies averaging 20 to 40% of their earnings from China whose high flying stocks are in your 401k/Pensions Same companies who the American farmer and consumer were sacrificed. So the USA could try and get “more” or “better” access for the US multinationals, into those Chinese Domestic markets during the trade war Same companies whose HQ is in a North American city you can easily go stand outside and protest at…. Why didn’t China pull the nuclear trade option and boot these US companies you might ask? They don’t believe in a zero sum game type of thinking As I can show you during the trade war. China didn’t pull out their big trade weapons, in fact they were lowering tariffs to most countries not raising them 👇 Trump’s ‘trade war’ with China won’t be so easy to win Having learned these value chain lessons, Beijing has worked hard to bring more of the high-value-adding parts of value chains into China, and to build hi-tech industries in which it can establish a globally competitive position. China has successfully done this in areas like high-speed trains (CRRC), digital telecoms networks (Huawei), drones (DJI) and hi-tech batteries (BYD). Trump’s team is not wrong to be worried about China’s competitive emergence here, and to target these new-tech sectors in the latest trade war sortie. But here’s the problem: China exports almost none of these new-tech products to the US, making US tariff threats meaningless. Rather, they go to developing economy markets - many embraced by the Belt and Road initiative - where China has succeeded in building a hi-tech, high-value brand reputation. As Trump’s team will quickly learn, the challenge of finding China’s pain points is bigger than expected: for a decade China’s priority has been to base growth on the domestic consumer economy and reduce reliance on the low-value-adding export processing industries (many of which are US- or Hong Kong-owned and concentrated in the Pearl River Delta) SCMP
@DW-op7ly
@DW-op7ly Месяц назад
What most people don’t get? Is it is US multinationals making the lion share of those profits inflating the trade deficit between China to the USA Where Chinese companies mostly trade with their Belt and Road country partners these days These US multinationals are the ones sending you that junk These US multinationals are still using the same highly polluting labour intensive factories formula. As they were using more and more illegal labour smuggled in from South East Asia. Or more and more automation in their wholly owned factories in China these days These are the same companies who got those trump Corporate tax cuts you for sure cheered about Same companies based in China who derived 392 billion in sales into the Chinese domestic markets in 2018 when trump started his trade war Same companies averaging 20 to 40% of their earnings from China whose high flying stocks are in your 401k/Pensions Same companies who the American farmer and consumer were sacrificed. So the USA could try and get “more” or “better” access for the US multinationals, into those Chinese Domestic markets during the trade war Same companies whose HQ is in a North American city you can easily go stand outside and protest at…. Why didn’t China pull the nuclear trade option and boot these US companies you might ask? They don’t believe in a zero sum game type of thinking As I can show you during the trade war. China didn’t pull out their big trade weapons, in fact they were lowering tariffs to most countries not raising them 👇 Trump’s ‘trade war’ with China won’t be so easy to win Having learned these value chain lessons, Beijing has worked hard to bring more of the high-value-adding parts of value chains into China, and to build hi-tech industries in which it can establish a globally competitive position. China has successfully done this in areas like high-speed trains (CRRC), digital telecoms networks (Huawei), drones (DJI) and hi-tech batteries (BYD). Trump’s team is not wrong to be worried about China’s competitive emergence here, and to target these new-tech sectors in the latest trade war sortie. But here’s the problem: China exports almost none of these new-tech products to the US, making US tariff threats meaningless. Rather, they go to developing economy markets - many embraced by the Belt and Road initiative - where China has succeeded in building a hi-tech, high-value brand reputation. As Trump’s team will quickly learn, the challenge of finding China’s pain points is bigger than expected: for a decade China’s priority has been to base growth on the domestic consumer economy and reduce reliance on the low-value-adding export processing industries (many of which are US- or Hong Kong-owned and concentrated in the Pearl River Delta) SCMP
@Dave05J
@Dave05J Месяц назад
​@@opinionated_take why are blue states the richest? California? New York? Washington? Illinois?
@BuhodePiedra
@BuhodePiedra Месяц назад
Just like with the cartels products, we’re willing buyers! Don’t hate the player, hate the game etc. if we would only not be addicted to bad drugs and cheap plastic chachkies, then all of our problems would be solved
@ongsengfook
@ongsengfook Месяц назад
US should be the next India.
@quencyhaynes2551
@quencyhaynes2551 Месяц назад
American and European can not compete at all
@roxbee97abc
@roxbee97abc Месяц назад
Wow, how 🇺🇸survived during the cold war era without Cheap Chinese Goods. 🇨🇳, Stop posting spamming comments.
@bobcob3362
@bobcob3362 Месяц назад
So, bringing back trump policies?
@katateo328
@katateo328 Месяц назад
hahaha, chu sam vua muon an ngon lai vua muon ia thom nua ha DDD chu sam dang sang tao ra cong nghe sieu pham ha ta DDD
@cruzfairfield3326
@cruzfairfield3326 Месяц назад
The lack of news about how china has concentration camps and is using the people in them as slaves is so disconcerting
@tannen3339
@tannen3339 Месяц назад
based china, based german methods
@xfactor6099
@xfactor6099 Месяц назад
🤣🤣. American propaganda
@jeffrhorer1811
@jeffrhorer1811 Месяц назад
I would never buy a Chinese car or motorcycle/ scooter / electric bicycle.
@davidli9887
@davidli9887 Месяц назад
People said the same about Japanese cars 40 years ago.
@Jen-xg3iq
@Jen-xg3iq Месяц назад
Don't worry, Chinese cars are for smart people 😅
@lifeisgood141
@lifeisgood141 Месяц назад
And the world cares about what you like or not like.
@christopersambeli2823
@christopersambeli2823 Месяц назад
your missing out then😂
@DW-op7ly
@DW-op7ly Месяц назад
What most people don’t get? Is it is US multinationals making the lion share of those profits inflating the trade deficit between China to the USA Where Chinese companies mostly trade with their Belt and Road country partners these days These US multinationals are the ones sending you that junk These US multinationals are still using the same highly polluting labour intensive factories formula. As they were using more and more illegal labour smuggled in from South East Asia. Or more and more automation in their wholly owned factories in China these days These are the same companies who got those trump Corporate tax cuts you for sure cheered about Same companies based in China who derived 392 billion in sales into the Chinese domestic markets in 2018 when trump started his trade war Same companies averaging 20 to 40% of their earnings from China whose high flying stocks are in your 401k/Pensions Same companies who the American farmer and consumer were sacrificed. So the USA could try and get “more” or “better” access for the US multinationals, into those Chinese Domestic markets during the trade war Same companies whose HQ is in a North American city you can easily go stand outside and protest at…. Why didn’t China pull the nuclear trade option and boot these US companies you might ask? They don’t believe in a zero sum game type of thinking As I can show you during the trade war. China didn’t pull out their big trade weapons, in fact they were lowering tariffs to most countries not raising them 👇 Trump’s ‘trade war’ with China won’t be so easy to win Having learned these value chain lessons, Beijing has worked hard to bring more of the high-value-adding parts of value chains into China, and to build hi-tech industries in which it can establish a globally competitive position. China has successfully done this in areas like high-speed trains (CRRC), digital telecoms networks (Huawei), drones (DJI) and hi-tech batteries (BYD). Trump’s team is not wrong to be worried about China’s competitive emergence here, and to target these new-tech sectors in the latest trade war sortie. But here’s the problem: China exports almost none of these new-tech products to the US, making US tariff threats meaningless. Rather, they go to developing economy markets - many embraced by the Belt and Road initiative - where China has succeeded in building a hi-tech, high-value brand reputation. As Trump’s team will quickly learn, the challenge of finding China’s pain points is bigger than expected: for a decade China’s priority has been to base growth on the domestic consumer economy and reduce reliance on the low-value-adding export processing industries (many of which are US- or Hong Kong-owned and concentrated in the Pearl River Delta) SCMP
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