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
Звездообразование в галактиках. Интервью с итальянским астрономом
[Music] Astronomy. The first question: Your work has been published in a very important magazine. It’s well, usually it places really important works. So could you explain why is it so important? Because, as I understand, you observed the situation when s…
Telling History: Behind the Scenes | Killing Reagan
What we strove to do, what any filmmaker should strive to do when they’re doing a period piece, is to be authentic and to be absolutely real. “Get out of here, Road’s okay! Stage Coach rolling! The crow that stage Co are you hit!” “Damn it, Jerry! I thi…
Inaction Is A Slow Death
Thank you. Um. [Music] It’s hard to take action. It’s painful. Washing the dishes isn’t fun. Meditation can be tedious. Waking up early is hard. The discomfort we feel in the face of action often paralyzes us from doing anything at all. So we sleep in…
Khan for Educators: Our Content
Hi, I’m Megan from Khan Academy, and I’m here to share more about the content available on Khan Academy. When we talk about content on Khan Academy, what we really mean is all the videos, articles, and practice questions that learners interact with. We t…
Modern Lives, Ancient Caves | Podcast | Overheard at National Geographic
[Music] They had wanted to move out of the caves into more permanent English-built structures. The caves were only a temporary place where the first settlers arrived in. It’s the year 1681. Followers of William Penn have arrived in the New World from Engl…
Subtracting with integer chips | Integers: Addition and subtraction | 7th grade | Khan Academy
Let’s say that we want to figure out what negative 8 minus negative 2 is. Now, there’s a lot of ways to approach this, but what we’re going to focus on in this video is to really build the intuition, and we’re going to do that with something called number…