yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

China Doesnt Play By The Rules


2m read
·Nov 7, 2024

I mean look, you've called for 400% tariffs on China.
Won't Trump's plan make things more expensive? Actually, we have tariffs in place now.
Biden Harris Administration did not remove any of them that were in place when they took over the administration.

Going through Congress right now in a bill that I approve of is a Reciprocal Tariff Act, basically looking at each nation's tariff against us and matching it exactly the same.
And that all works with the exception of China.
China came into the WTO in 1999 and has not played by the rules, not a single year.
I do business there, along with millions of others, and I know how it works.
They cheat, they steal, there's no IP protection.
We can't buy land the same way.
They use our courts; we can't do the same there.
They litigate us here; we can't do that.
They don't play by the rules and compliance in listing their companies, so that's a different narrative.

All I want to do with China is to bring the supreme leader to Washington to negotiate a Level Playing Field like we have in the act now.
Tariffs themselves have been called many different titles, including sales tax, that's not true.
Tariffs are there; they're generally used temporarily to level.

For example, Germany puts a 10% tax on us on automotive; we do the same to them.
Most of our trading partners understand why we do this to each other, but not China.
I will give you the final word: if she loses, it's because the Democratic Party circumvented democracy, and they anointed her.
The problems that plagued her in '19 and in 2020 are the same she has today, and obviously, nobody thought that true.

More Articles

View All
Understanding Investor Terms & Incentives || Rookie Mistakes with Dalton Caldwell and Michael Seibel
It’s almost as if they get to run this game every day with multiple companies and all you’re trying to do is raise money and get back to work. Hey, this is Michael Seibel with Dalton Caldwell and welcome to Rookie Mistakes. We’ve asked YC founders for th…
Living Alone✨ a day in my life in Tokyo🇯🇵, Michelin star restaurant🌟, shopping in Shibuya🗼
Foreign [Music] Good morning everyone! As you guys might or might not realize, I am in Tokyo right now. So today, we’re gonna spend a day together in Tokyo while I shop and do my own things. I have actually quite a lot of things that I need to buy and th…
Set an Aspirational Hourly Rate
So we covered the skills that you need to get rich: specific knowledge, accountability, leverage, judgment, and lifelong learning. Let’s talk a little bit about the importance of working hard and valuing your time. No one is going to value you more than …
Why War Zones Need Science | Podcast | Overheard at National Geographic
So you can see a skull very clearly up there, and actually, if you look closely, you can see there’s a number of other bones: long bones, bones of the foot. So, a whole pile of bones here. This is Ella Al-Shamahi; she’s standing on a rocky hillside next t…
You Can't Touch Anything
Hey, Vsauce. Michael here. And today we’re going to get close, like really close. In fact, I want to answer the question: what’s the closest we can get to other objects and other people? Now, it might sound like kind of a simple, easy question, but when …
Warren Buffett's BIG $9,000,000,000 Investment
There’s no secret that over the past few years, Warren Buffett has been struggling to deploy Berkshire Hathaway’s monster cash pile. He hasn’t been able to find any really big investments to sink that money into. This was a focus in his 2019 shareholder l…