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
Finding the 100th term in a sequence | Sequences, series and induction | Precalculus | Khan Academy
[Instructor] We are asked what is the value of the 100th term in this sequence, and the first term is 15, then nine, then three, then negative three. So let’s write it like this in a table. So if we have the term, just so we have things straight, and t…
Stoic Lessons People Learn Too Late in Life | You'll Not Regret Watching This Video
Have you ever wondered what lessons many people learn too late in life? Get ready, because in this video I’m going to reveal those lessons from stoicism, offering you powerful tools to face challenges and grow as an individual. Now, if you are new here, p…
George Ought to Help
Imagine you have a friend called George. You’ve been friends since childhood. Although you’re not as close as you were back then, you still see each other once in a while and get along very well. One day, you and George are approached by an old mutual fri…
The Myth of Philanthropy: Why Billionaires Won’t Save Us
Have you ever donated money to a charity or taken your clothes to the goodwill store? How did it make you feel? Amazing, right? Most of us, at some point in our lives, have either donated or will donate money, clothes, food, shelter, and our time to other…
Understanding and building phylogenetic trees | High school biology | Khan Academy
When we look at all of the living diversity around us, the natural question is, “Well, how related are the different species to each other?” If you put that into an evolutionary context, relatedness should be tied to how recently two species shared a comm…
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 …