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
An Update on Ray Dalio's Views of The Five Big Forces Shaping 2024
I’m Jim Hasell, editor of the Bridgewater Daily Observations. Earlier this year, we published a Daily Observations by Bridgewater founder and CIO Mentor Ray Dalio, where he described his five big forces framework and how these forces will shape 2024 and t…
Priceless Ancient Treasures Leave Greece for First Time | National Geographic
[Music] Some of the objects are so valuable that it’s like what we call hand carry, and that’s basically the courier is handcuffed to the briefcase and escorted through security. The golden wreath of Meup, it’s like a crown, would have gone on her head a…
Drowning in Grain: A Look at the Hidden Dangers of Farming | Short Film Showcase
So we’ve got a situation here with a farmer or child who’s trapped in a grain bin. We’ve got plastic coffers here, and we’ll be placing these on each side of the victim. These are actually going to protect the victim from the corn, to get the corn from co…
Real Estate Tricks: How To Pay Off Your Home Mortgage FAST
What’s up you guys? It’s Graham here. So here’s a really popular topic of discussion when it comes to real estate, and that is how to pay off your mortgage early. With this video, I will tell you exactly how to do this with ninja real estate secrets and t…
The Reason Why Cancer is so Hard to Beat
An undead city under siege, soldiers and police ruthlessly shooting down waves of zombies that flood from infected streets, trying to escape and infect more cities. This is what happens when your body fights cancer, more exciting than any movie. How does …
Tracing variables | Intro to CS - Python | Khan Academy
What happens when you assign, reassign, or access a variable in a program? Let’s trace the execution of a program with variables to find out. When the program starts running, the computer loads the first instruction into its working memory. This instruct…