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
Ray Dalio & Bill Belichick on Going from Nothing to Something Big: Part 2
And then communicating well, because when I went from the 67 who knew me and knew where I was coming from, and then I had to go to another level, how was I going to keep that same communication, that same idea of meritocracy? That’s why I started to write…
Saving One of the Most Pristine Wetlands on Earth | National Geographic
The Aqua Bengal Delta, one of the most vibrant wetlands on the planet, could be in danger of disappearing. From deep in the my humble forest highlands of Angola flow the surface water that feeds the Cuiúto and Cubango rivers. These vital waterways, flowin…
How I Built a New $1m Business in 12 Months
All right, so this year we launched a new product that’s generated $869,000 in sales over the last 7 months, and is on track to do over a million dollars by the 12-month mark. Now, these numbers are pretty insane, at least for me. Back when I had a day jo…
Harpoon Heroes | Wicked Tuna
Right in the front, right down. Look, keep your head down, taking the right side of the pile. Going to come left a little. Still up, just up to the right. 1:00, we’ve got four fish in Hollywood. There are four fish. We’re neck and neck, and we’re hoping f…
STOP SAVING MONEY | The Dollar Crisis Just Got Worse
What’s big guys? It’s Graham here. So, apparently, a lot can change, and quickly. Because in April of 2020, CBC posted a video titled “Why is the US dollar so powerful?” only to post a follow-up two years later with a new headline, “Why the US dollar may …
Demolishing My House
What’s up you guys, it’s Graham here! So first off, let me just start by saying I was blown away by how many people wanted an update from the aftermath after my tenants moved out. I don’t think I have ever received so many comments from everyone, all aski…