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
Hiring Tips from Pebble Watch Founder Eric Migicovsky
My name is Eric Mitch Akatsuki. I’m a partner here at Y Combinator. The first question that I’m gonna tackle is: what are the qualities that you should look for when you’re hiring for your startup? I have a bit of experience doing hiring from the company…
How To Be A Financial Minimalist
What’s up you guys? It’s Graham here! So this is a term I really want to make more popular and bring more mainstream, and that would be financial minimalism. It’s a term I thought of last week while trying to find a catchy title for my video where I went …
I can't keep doing this to myself
Guys, I’m making this video out of necessity. There’s a large part of me—it’s been the prevailing part of me as of late—that makes me not want to make this video because it’s unfiltered, because it’s not ready. What I want to say isn’t totally polished. I…
Mars 101 | National Geographic
[Music] To the ancient Romans, the planet Mars was symbolic of blood and war. But to many people today, the red planet may hold the key for a bright new future for humanity. [Music] The story of Mars began about 4.5 billion years ago when gas and dust swi…
Making Music and Art Through Machine Learning - Doug Eck of Magenta
Hey, this is Craig Cannon and you’re listening to a Y Combinator’s podcast. Today’s episode is with Doug Eck. Doug’s a research scientist at Google, and he’s working on Magenta, which is a project making music and art through machine learning. Their goal …
15 Things You Didn't Know About LONGINES
This is Fashion Fridays! Every Friday, we present you with a fashion icon or topic. Today, we’re looking at 15 things you didn’t know about Longines. Welcome to a Luxe, the place where future billionaires come to get informed. Hello, a Luxors! Today, we’…