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 To Make Time Work For You
You overestimate what you can do in a day and underestimate what you can do in a year. That’s the main reason why you never have enough time. But there is a way to take control of your time and make it work for you. Let us explain. Welcome to a lux. When…
The 2020 Recession | My Investing Concerns
What’s the guys? It’s Graham here. So I just want to have a really open, honest, and candid discussion about what’s been going on lately with the markets. The stimulus package is in place; what that means for you and my own thoughts about what’s likely to…
Lagrange multiplier example, part 2
So where we left off, we have these two different equations that we want to solve. Um, and there’s three unknowns: there’s S, the tons of steel that you’re using; H, the hours of labor; and then Lambda, this Lagrange multiplier we introduced that’s basica…
15 Daily Rituals for Cultivating a Growth Mindset
Many people ask themselves what they should do to improve their mindset and reach a point where they can be productive, get things done, and be the best version of themselves. But few of them actually focus on what it takes to improve their mindset. And w…
Slope and intercept in tables
Flynn’s sister loaned him some money, and he paid her back over time. Flynn graphed the relationship between how much time had passed in weeks since the loan and how much money he still owed his sister. What feature of the graph represents how long it too…
A Nuclear-Powered Space Mission | Mission Saturn
NARRATOR: Way out into space, the sun’s energy-giving rays grow weaker. Solar panels would be little use to Cassini passing distant planets. It needs a far longer lasting source of power: the radioactive power of plutonium-238. In Idaho Falls, behind high…