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
Aloneness vs. Loneliness | What's The Difference?
At the end of the day, loneliness is just a mindset. I won’t deny that it can be difficult to get rid of feelings of loneliness because the desire for companionship is deeply ingrained in human nature. However, this doesn’t mean that we have to suffer whe…
ELI the ICE man
Okay, it’s time to introduce you to a new friend: Eli the Iceman. Eli the Iceman is a friend of every electrical engineer, and what we’ve been talking about is AC analysis. In AC analysis, we limit ourselves to one type of signal, and that’s a sinusoid. T…
The Case of the Early Bird | Teacher Resources | Financial Literacy | Khan Academy
The name’s Duction, Detective Duction. I’m a private eye, and my eye is pointed straight at Monetary Mysteries. Love them! Financial Tom Foolery, dollar double dealing—that’s my wheelhouse, and no mistake. There’s one case I keep coming back to, turning …
$5500 per year to tax-free Millionaire: Why you need a Roth IRA
What’s up you guys? It’s Graham here! So today I’m going to be making a video about what a Roth IRA is and why this is so important to sign up for one of these things as soon as you can and put money in it as soon as possible. Now, this is one of these v…
Don't Make These Hiring Mistakes
I’ve been trying to hire our first engineer for a year, and like, I can’t like find anyone. And it’s not because there’s literally no one with the word engineer on their resume that they can hire, right? [Music] Hello, this is Michael with Harj and Brad…
Current through resistor in parallel: Worked example | DC Circuits | AP Physics 1 | Khan Academy
So we have an interesting circuit here. The goal of this video is to figure out what is the current that flows through the 6 ohm resistor. Pause this video and see if you can work through it. The way that I am going to tackle it is first simplify the cir…