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
What is Khanmigo moderation? | Introducing Khanmigo | Khanmigo for students | Khan Academy
In this video, we’re going to see how Kigo can sometimes moderate the conversation in an attempt to protect you, the user. Sometimes it gets it right, but sometimes it gets it wrong. What do we do in those situations? So, let’s say we want to write a fan…
Addition using groups of 10 and 100 | 2nd grade | Khan Academy
[Voiceover] So, let’s do some practice problems on Khan Academy exercises that make us rewrite an addition problem so that we can get them to rounder numbers. Numbers that might be multiples of 10, or multiples of 100. So, let’s see here, I have 63 plus…
Hiroshi Mikitani at Startup School 2012
Thank you for coming. Thank you very much for inviting so many people. There’s a lot of people, so maybe to start, you could just tell us a little bit about what Rakuten is and how you got started. Okay, so I founded it in Japan in 1997, as a matter of f…
How to make INSTANT PROFIT with Real Estate
What’s up you guys? It’s Graham here. So, I understand this sounds like a very intense claim to say that you can make money immediately in real estate, especially when on this channel I preach investing in real estate is a very long-term plan. But there i…
The Most Dangerous Weapon Is Not Nuclear
A breathtaking scientific revolution is taking place – biotechnology has been progressing at stunning speed, giving us the tools to eventually gain control over biology. On the one hand, solving the deadliest diseases while also creating viruses more dang…
What Does It REALLY Mean To Do Things That Don't Scale? – Dalton Caldwell and Michael Seibel
The moment I remember on my first test ride on Cruise that I’ll never forget is we’re driving down 101, and Kyle says, “Oh, a shadow! Let’s see how the car handles that.” And it was like, “Oh, Kyle! Hey, this is Michael Cybel with Dalton Caldwell, and to…