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
Homeroom with Sal & Vas Narasimhan - Wednesday, July 8
Hi everyone! Welcome to our homeroom live stream. I’m very excited about the conversation we’re going to have in a few minutes. But before that, I will give my standard announcement: a reminder that Khan Academy is a not-for-profit organization with a mis…
Road Trip to the Sawtooth Mountains | National Geographic
[Sofia] Nature and family have always existed within the same worlds for me. My name is Sofia Jaramillo. I’m a National Geographic photographer. I’m going on a road trip with my brother Lucas. Good to see you! [Sofia] To a place that was really importan…
After Decades of Brownface, South Asians Fight for Better Representation | National Geographic
Mainstream media has characterized how we see South Asians, whether by romanticizing its biggest country, India, or asserting the model minority stereotype. But it’s not okay, and today South Asian actors and comedians are pushing back. South Asia is mad…
Y Combinator Go-To-Market Jobs Expo, 2022
Foreign [Music] Thank you for joining us for YC’s 2022 Go to Market Expo. We’re highlighting companies in our portfolio that are hiring in ops, sales, marketing, and other non-technical roles. Now, while the broader economic conditions aren’t great, we’re…
Day In The Life of a Millennial Millionaire
What’s up guys, it’s Graham here! So this is a video that I’ve been meaning to make for over two years now because so many of you guys have asked me to film a day in the lifestyle vlog. Well, I guess now is the perfect time to film that video because with…
Turning Gourds Into Storage | Live Free or Die: How to Homestead
In this life, I need containers of all kinds. One of the biggest, most frustrating things for me is mice getting in my stuff. It drives me crazy! I really need a container that I can put the cattail fluff in that I use for my Tinder bundles. A friend of …