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
How Future Billionaires Get Sh*t Done
I think notebooks are great for ideas. I think like a well-managed to-do list is a software product that you need to adopt, and there’s like 80 of them. I actually don’t even care which one you adopt, but it’s like when I like tell something to founders a…
Homeroom with Sal & María Elena Salinas - Thursday, August 13
Hello, Sal here from Khan Academy. Welcome to our homeroom live stream! We have a very exciting guest today. Uh, but before we jump into that conversation, I will give my standard reminders to folks. One, uh, just a reminder that we are a not-for-profit …
Milk. White Poison or Healthy Drink?
Over the last decade, milk has become a bit controversial. Some people say it’s a necessary and nutritious food, vital for healthy bones, but others say it can cause cancer and lead to an early death. So, who’s right? And why are we drinking it anyway? […
Why Are there Holes in the James Webb Sunshield? (Explained by My Dad) - Smarter Every Day 270
Hey, it’s me, Destin. Welcome back to Smarter Every Day. We are on the way to my dad’s work, and everything about this is weird. I have been trying to interview my own father for two years now at his work. The reason it’s so difficult is because he has a …
ROBINHOOD LOOPHOLE GIVES YOU INFINITE MONEY
Before I start this video, I want to make a very serious disclaimer. The purpose of this video is to describe a newsworthy event, the issues surrounding it, why it’s a bad idea to engage in this type of behavior, and bring to light a very serious issue so…
Stories of Life in Solitary Confinement | Short Film Showcase
[Music] It can either break you or make you. And if it breaks you, you know what? You’re just going to just be broken, physically and mentally. Oh, I haven’t seen a tree or a plant since 2003. The only thing that I’ve seen is a spider in the corner, and …