yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

How To Win The Economic War Against China


2m read
·Nov 7, 2024

Let's talk about the real tariff war. It's between the United States and China. This is an economic war going on. They do not play by the rules; they steal American companies' IP. We can't use their court systems. They litigate us with our American courts, and a good example of that is what's going on right now with TikTok, where we have a law that says it's Chinese spyware. The American people have decided to shut it down on January 19th, and the supreme leader of China is using our courts to sue us to stop that. I can't do that in China.

So, what he's talking about when Trump talks about tariffs is, can we use them to change behavior? Let me give you an example: if you increase tariffs on China by 400%, which I want to do, you won't buy any more yoga mats from there. You'll buy them from Vietnam or India or somewhere else, or maybe you make the yoga mats in the United States. I want to go to Defcon five on China, 'cause I actually live in the real world. I'm not listening to a professor at some university; I actually do business there, and I'm getting screwed.

So, I would love to really push back and blow their eyeballs out until they come to the table. I like tariffs against China. I'm not a big fan of tariffs everywhere, but he talked about John Deere in Mexico moving them back to the U.S. They changed their behavior. You use tariffs as tactical warheads, and right now we should be using that as a blowtorch on China to squeeze them to make a fair playing field with us. While we're the largest economy, let's do it.

Let's squeeze them! 400% tariffs! A lot of people think I'm crazy with this. No, I'm not! They will be at the table in 48 hours with a 400% tariff because their economy is weak. Let's hit them when they're down. Let's do it now!

More Articles

View All
Resistance | Vocabulary | Khan Academy
What’s up, wordsmiths? This video is about the word “resistance.” It’s a noun; it means opposition, an effort to stop or fight something or someone. We could say the developers wanted to turn the community garden into a parking lot, but they were stopped…
The Hessian matrix | Multivariable calculus | Khan Academy
Hey guys, so before talking about the vector form for the quadratic approximation of multivariable functions, I’ve got to introduce this thing called the Hessen Matrix. The Hessen Matrix, and essentially what this is, it’s just a way to package all the in…
LearnStorm Growth Mindset: Teacher leader on his career journey
I’m Paul Clifton. I’m 30 years old. I am a sixth-grade teacher leader, and my salary is about $60,000. I’m a new teacher leader, and so I get to coach other teachers, fellow math teachers, and work on a team. I get to observe teachers teach, co-teach with…
Walking Alone in the Wilderness: A Story of Survival (Part 3) | Nat Geo Live
So on my foraging journey, I met this one. It’s pure sugar. Imagine, when you are out there, starving, and suddenly there is sugar. In the middle of that little thing there, you’ve got little insects. The insects build a little house, and inside is pure s…
How Special Relativity Makes Magnets Work
Only a few elements can be permanent magnets - iron is one. Copper is not. But if you pass an electric current through any metal, it becomes a magnet - an electromagnet. But how does this work? Well, strangely enough, it’s a consequence of special relativ…
Ideologies of political parties in the United States | US government and civics | Khan Academy
What we’re going to do in this video is talk about the two major ideologies you will hear about in the United States, and that’s the liberal ideology and the conservative ideology. The liberal ideology is often associated with the Democratic Party, and t…