Biden SLAPS China With Sweeping Tariffs On EV's, Chips

Ryan and Emily discuss Joe Biden imposing sweeping tariffs on China over electric vehicles.
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[@jakebauer3244]

"I'm spending 1.5 bil to create 1000s of American jobs" Sounds good to me..then I remember when we spent 1.6 bil to defend Israel, in a single night. When you are looking at our country and seeing the dier state of things, just remember our government is fully capable of fixing all of it, they just don't want to.

[@SquidofCubes]

right! and 80bill "foreign aid" package... But its not so simple as "they dont want to" ... in fact, they've dug themselves in a hole. Most policy makers dont understand the "debt" but the state dept does. The US controls, and wants to keep control, of the central banking system. The reason the dollar hasn't collapsed, despite the USs massive debt, is because we "stabilize" for our debts by stealing from, bankrupting, and destabilizing other countries (which we can do with banking hegemony - opec - war on terror, etc). We are not invested in "defending izz" we are interested in keeping the delicate balance of powers, keeping iran and russia and others with natural resources labeled as "terrorist" so that we can force everybody to buy oil from saudis, who are in our pocket. Keep the illusion of military strength, keep the illusion for the public that we - the largest police state - serve a purpose. A pirates biggest asset is their reputation. That's all we pay for. In short, whenever the debt catches up to US, we start another fight to get out of it. And in doing so, put ourselves in more debt. The US has been a war economy feudal state since Regan. And izz has always been such a state. It was the original zios that dragged us into this way of being.

[@nearthefarworld]

@strikeforourrights There is a time when the operation of the machine becomes so odious, makes you so sick at heart, that you can’t take part; you can’t even passively take part, and you’ve got to put your bodies upon the gears and upon the wheels, upon the levers, upon all the apparatus, and you’ve got to make it stop. And you’ve got to indicate to the people who run it, to the people who own it, that unless you’re free, the machine will be prevented from working at all! -Mario Savio

[@SublimeWanderers]

Technically that also created American jobs. At least with Ukraine, we sent over old stuff and paid to get new stuff for ourselves. I think it was the same there. I'd still prefer we just worked on things that didn't kill people, but it's not exactly bad for us.

[@josec1538]

@@SublimeWanderers to some degree it didn’t create jobs. It just replaced jobs that were lost before, during and after. So the end result is job loss while cost of things go up. So people are financially worse off but the good thing is the elites or politicians stock portfolios have been sky rocketing so i guess thats good lol

[@ghostpiratelechuck2259]

@@SublimeWanderersYes, it is bad for us. It’s redistribution of wealth from the bottom to the mic, it is in no way good for the United States. The biggest employer in the US is Walmart, would it be beneficial to tax payers for the gov to give Walmart 100B a year?

[@rael6974]

Ship out manufacturing for cheap labor. Only to complain about cheaper labor being used to outcompete you. 😂😂😂😂😂😂

[@vegamoonlight]

Well, American EV industry is also rife with labor issues eith former employees of Rivian complaining about cheap labour.

[@duancoviero9759]

👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽

[@yukihanna6519]

And high paying jobs for example fiance analyst. With 1 FA American salary, you can hire 3 FA in India 👀

[@thedripdrop9826]

25%? Isn't that the exact number they criticized Trump for?

[@alicejademarienorris1313]

Yep

[@DanA-nl5uo]

Biden is raising the tump tariff from 25% to 100%

[@jakes658]

Its almost like trump took credit for an idea he didn't come up with...

[@nickd4310]

Almost everything stupid Trump did, a Democratic president also would have done.

[@RicFlairWooo]

Not exactly. 25% for aluminum products. (Trump did less than 10). 50% on semiconductors. (Trump did 0). 100% on vehicles. (Trump did 0). 25% on batteries. (Trump did 0). 50% on solar panels. (Trump did 0). Shipping cranes at 25%. (Trump did 0). Medical equipment at 50%. (Trump did 0). President Biden is the most Anti-Chinese trade president in history. Hail Biden. 4 more years. www.whitehouse.gov/briefing-room/statements-releases/2024/05/14/fact-sheet-president-biden-takes-action-to-protect-american-workers-and-businesses-from-chinas-unfair-trade-practices/

[@user-bu1wf3vx5z]

So is biden xenophobic now after these tariffs on china? He accused President Trump of this after Trump imposed tariffs on china 😂.

[@insanittiez4860]

What are you talking about. When did Biden call Trump xenophobic?

[@Orbity38]

There's no phobic see people like you want everyone to be afraid of everybody else and there is no phobia there is no phobic if you have a phobia take yourself to the nearest asylum please

[@WeeedyMcMeth]

Memories like goldfish

[@ilovesugar1329]

No he said that trumps terrifs were random and not targeted and mostly hurt the American consumer which is true.... what Trump terriffs actually worked?

[@HandleDeez]

@@insanittiez4860the xenophobia comment was more toward travel bans but Biden did criticize Trump back in 2019, ”Trump doesn't get the basics. He thinks his tariffs are being paid by China," Biden said at the time. “Any freshman econ student could tell you that the American people are paying his tariffs. The cashiers at Target see what's going on- they know more about economics than Trump,"

[@charlinethom1624]

In the end it's us who has to pay more.

[@jonathan7249]

You can't cry like a little STUPID baby at the STUPID prizes from your masters if you played the STUPID game.. 💯💯😄😄😄

[@l.j.r.8448]

Tariffs worked until we stopped using them because the same people sent the Jobs to China.

[@theoverunderthinker]

don't worry, this will go away right after the election. this is an election strategy, not a policy.

[@l.j.r.8448]

@@theoverunderthinker no it won’t.

[@theoverunderthinker]

@@l.j.r.8448 if Biden wins it will. if he loses, he will remove it before he leaves office. then if trump reinstates it they can go back to calling him xenophobic.

[@igtur6]

Wait when Trump was handing down tariffs wasn't Joey criticizing him for it 😒🤔🤔🤔

[@jpnewman1688]

Really.. But how many times you VOTED?? 😂😂😂

[@Menaceblue3]

Its only bad when orange man does it

[@McP1mpin]

Joey and all the media outlets currently staying silent.

[@alicejademarienorris1313]

Yes he was. Just shared Biden’s tweet on threads criticizing Trump for doing the same thing. 🤷‍♀️

[@1massboy]

Of course he did. And watch Trump do the same thing in the next couple weeks. Both will lie about each other whenever they can. All I care about is that we get off our dependency on China

[@paulbo9033]

The problem is China isnt cheating. High skilled labour hasnt been super cheap in China for a long time. The reason theyre winning in EVs is because they had a plan, made smart long term investment decisions, created a vertically integrated supply chain (this is where the real advantage is) and their EVs are just better.

[@JD-gk7eh]

Also the CCP is paying for a huge chunk of the expenses because the concept is to export them and dominate a global market.

[@anthonytwohill9726]

Bingo

[@NickMachado]

The reason they are "winning" is because they could care less about carbon emissions and destroying the environment. They give third world countries deals/ loans that are setup to fail/default, that way the CCP can sweep in and take land and steal their natural resources.

[@amraceway]

@@JD-gk7eh A fantastic strategy. Good on them.

[@alienhawkq4690]

In a way, this is a tax on the poor and people on a fixed income. Also, it is protecting large companies (monopolies in America) which are no longer innovating.

[@PhilOrth]

How much you want to bet that last “eat your lunch” comment was set up and rehearsed with his staffers.

[@beatrixkills1]

I would bet that was a plant that asked the question to begin with.

[@McP1mpin]

Everything the media says to him is carefully scripted. All of it. Every press conference, every interview, etc. Speaking of press conferences that Biden almost never holds, I remember when the media had a running ticker counting the number of days since the last Trump press conference and claiming that not holding enough press conferences was a threat to democracy. Oh how that all changed.

[@SetitesTechAdventures]

He's a puppet. Everything is rehearsed.

[@myhandlewastakenandIgaveup]

In the vaguest defense of Biden, he had a quick wit....20 years ago. Old videos of him were funny at times. Still are but for different reasons.

[@markislivingdeliberately]

1 million percent chance

[@Theresa-wp6kv]

Dude could barely see the teleprompter .

[@VendettaDaZippo]

I damn near choked on my smoothie after reading this 😂

[@jsmith0924]

Man, lot of poor people would actually be able to afford one of those cars, unlike everything made in Detroit nowadays ..

[@iller3]

Same goes for the Toyota "mini Trucks" that would only cost about 13 grand for us here (and last a tradesman literally decades) ... but surprise surprise, those are still BANNED here to protect US "based" Truck makers who don't even f**king build most of their Parts here anymore

[@sankarchaya]

but why buy a 10k car that costs me a few dollars worth of electricity in fuel per month when I could buy a 100k f-550 that burns 2 gallons of fuel per mile and breaks down four times before it hits 5k miles?

[@allenblumenauer]

My favorite Biden policies are the ones that Trump came up with.

[@sabin97]

so you applaud him for this?

[@greatestever8514]

@@sabin97Tis sarcasm mate

[@sabin97]

@@greatestever8514 i know, but there needs to be some consistency. either applaud biden for it, or condemn drumpf for it.

[@NickMachado]

​​@@sabin97 so, do you condemn biden or have you always applauded trumps tariffs? You can't have it both ways either, or you are as big of a hypocrite as the people you criticize.

[@sabin97]

@@NickMachado oh such a silly attempt at a gotcha. i mock both. and their followers. and now you answer. do you applaud biden for this, or do you condemn drumpf? cant have it both ways.

[@TC-uk2sg]

As if artificial inflation wasn’t enough. How about removing subsidies for outsourcing manufacturing to foreign countries!

[@anthonytwohill9726]

👍 You get it.

[@Kai-tn4yx]

There is no subsidy for outsorcing, obviously (unless you mean the one-time Trump-Carrier deal).

[@TC-uk2sg]

@@Kai-tn4yx bullshit

[@TC-uk2sg]

@@anthonytwohill9726 give away is still a subsidy even if you don’t want to call it that. Yes it ramped up with Reagan and has never slowed.

[@TC-uk2sg]

@@anthonytwohill9726 yes

[@Videomorgue]

He's making electric cars more expensive.

[@McP1mpin]

"China's been eating our lunch." "He's been feeding them for a long time!" He says literally moments after announcing new tariffs on China that he openly mocked Trump for doing.

[@litedawg]

also, its as if people dont know that Trump has been out of office for 3.5 years.

[@jpnewman1688]

Just wait until you have to pay for 🇨🇳 stuff in yuan.. 😂😂😂😂😂😂

[@LibertyGoose]

That was also obviously staged.

[@borkingborker5567]

@@jpnewman1688 Yeah, ok. Keep projecting western imperialism on to China. Unlike, the west, China has no intentions of imposing their ideology or their currency onto us. You assume they want to because that’s what we do. That’s called projection.

[@borkingborker5567]

I think he was referring to Trump manufacturing all of his shit in China for decades until he was called out for hypocrisy during his term in office.

[@blakereid5785]

I’m a big protectionist guy, but this is gonna slow down EV and Solar adoption significantly. I’m personally not that concerned about that fact, just saying. Chinese prices are the only reason these markets have been able to compete with oil, especially with the subsidy of the oil industry. American wages, land cost, and minimum profit margins for physical industry ensures that HUGE subsidy will be required. Which will drive up the sticker price just like college because there will be no price restrictions on the companies in question. This only applies if the tariffs are real.

[@nearthefarworld]

Youre not concerned about halting ev production as we approach EXTINCTION?

[@redneckscumbags4422]

don't u understand by now that adoption of green energy isn't meant to really go full speed ahead. What happens if the world stop buying oil , what happens to the petro dollar? It's just part of the "global warming " agenda to allow America to dominate in the environmental tech sector so we can have the world buying our green tech, but unexpectedly china surged ahead and we don't want that no more. They are never serious about going green. Instead of subsidizing our own green industries , they rather play the zero sum game while blowing money on wars that will undo all the "save the planet" initiatives faster than green tech can save it

[@fan2hd277]

Exactly we should thank China to have been able outcompete the oil industry. They are screwing big oil since a decade now and they can’t do shit about it. Yes it is destroying industries across the western world but we would never be able to transfer to more sustainable energies without them.

[@lowtidestench]

China makes a hellava lot more products than the US does. So, we protect auto workers at the expense of high prices for almost every other electronic product since everything made of steel and aluminum has a 20% tariff.

[@ThirdCoastGems]

Who is going to buy all these expensive American made EV's? Lord knows Americans can't. And for a viable and prosperous Auto industry here, we HAVE TO sell to the world as well. Period.

[@ingehanson]

Who the heck is buying cheaper EV's from China anyway when many cannot even afford meat or eggs? It's a gimmick - wee seem to love gimmicks. Trump was great with gimmicks as well. Nothing much changes. Trump supporters love Trump gimmicks adn Biden supporters love Biden's gimmicks.

[@rworded1]

You can't buy Chinese cars in the United States.

[@denellsullada7697]

Unfortunately Americans can’t afford to put gas in their car either. There needs to be better answers

[@ThirdCoastGems]

@@rworded1 And.....what does that have to do with my comment?

[@henrylicious]

​@@rworded1Which is why these tariffs are meaningless, largely.

[@wallymcshifty]

They have that man jacked on Addys

[@jonathan7249]

Guess who's paying?? 😂😂😂

[@hafadude69]

Putting a 100% on China for EV chips will only hurt the U.S. EV's are already expensive. This will increase the cost.

[@LL-rm8xt]

its done to keep you all from switching and staying in your gas powered cars.... lol

[@yotoronto12]

Personally, the 100% tariffs on Chinese EVs will only incentivize more price gauging by the Big 3 and mean more lazier products by the US.

[@CreativeLab12]

This! BYD already offers $30,000 electric vehicles. BYD is the best selling Electric car company in the world.

[@Liboch]

To make American EVs more affordable, the US should subsidize EVs just like China. Give the American manufacturers a lot more subsidy to make them cheaper than EVs from China. Beat them at their own games. 😂😂😂

[@CreativeLab12]

@@Liboch or at least prioritize the American people who can’t afford 50,000+ EV cars. Also, I just read that BYD produces 15,000 EV cars… this is huge

[@Liboch]

@@CreativeLab12 I just checked the BYD numbers. Last year BYD produced 3.03 million passenger vehicles and 11,569 commercial vehicles. If China really subsidizes their cars, not sure how much have they spent. Trillions over the years? Not just for BYD.

[@redneckscumbags4422]

@@Liboch but the point is they really don't want this EV thing to take off in america, it's great when america is making money selling them to the world, but what happens to the petro dollar when ppl no longer need oil? That will just make the USD die even faster

[@novacaesar9303]

Pissed about this. I wanted one of those new EV's, the price is fantastic and I can afford it in this lifetime

[@phemykadri9487]

We can produce them. Question is whether there’s an incentive to produce it, if it’s cheaper to import them. It’s that constant battle between unfettered capitalism and patriotism

[@McP1mpin]

We can't produce them without lithium and we don't have lithium mines in the United States so can someone explain how slapping tariffs on lithium helps us to produce American batteries?

[@chrisrhodes2]

According to Adam Smith, workers would never allow outsourcing like we've done because of how harmful it is. Not to mention how it jeopardizes security when you don't make any of your own goods.

[@jpnewman1688]

You think you OWN 🇺🇸?? 😂😂😂😂😂😂😂😂

[@middleagedbaldguy6774]

@@McP1mpin You realize the largest unrefined lithium deposit found in recent history sits within the borders of the US, right?

[@jpnewman1688]

​@@chrisrhodes2really.. Who's your GOD?? 😂😂😂

[@fluxcap4630]

I dunno, I miss when a car payment didn't seem like a second mortgage

[@fundidoarrojo269]

I miss when a mortgage payment didn't take 100% of a single worker income...

[@kolleo13]

Elon just smiled.

[@kendigjl]

Or maybe picking a fight with China won't work out well for the American company (Tesla) that is producing/selling vehicles in China? Maybe China will decide they want to use Tesla as the whipping boy in return for these sanctions? Maybe FSD gets copied by China and distributed free of charge to Chinese EV manufacturers and tells Tesla it has no recourse? That would be an alternate take on things. Hopefully Elon has allotted for this possibility and the data/training/coding that Tesla is using not only in its vehicles but also its humanoid robots will be set up accordingly.

[@anthonytwohill9726]

​@@kendigjl Elon can't think that far ahead.

[@kendigjl]

@@anthonytwohill9726 It is trendy to poke fun at the guy who owns X, Tesla, Space X, The Boring Company and created PayPal. So kudos to you for being trendy. Personally, I'd like to see him fade into the background while continuing to try and do cool stuff. I'd like to see Tesla build a self driving software package that is many times safer than human drivers. I'd like to see humanoid robots doing jobs that no one wants to do. I'd like to see every person on Earth have access to the internet. And if he's successful, I'd like to see humanity become multi-planetary. Those all seem like worthwhile goals - even if they are so far into the future that it inspires people to doubt him.

[@CleverChina]

Toyota just smiled. Tesla sales are down in the US.

[@duancoviero9759]

​@@anthonytwohill9726oh yes he can, he is a piece of shit but he is experienced capitalist.

[@jlsudberry5862]

When I told people that biden is no different than trump, people called me crazy. Now look at this goof

[@ingehanson]

Why do you think the cabal gave us the same two idiots again to vote for?

[@jlsudberry5862]

@@ingehanson I figured this out in 2000 sadly

[@optimal8155]

Trump is better.

[@Clark42EoC]

People are so short sighted. Yeah you're 100% right.

[@GoGoGoDeeJay]

So Biden did what Trump suggested!

[@yodieyuh6077]

Partly. Trump said he would impose 100% tariffs on Chinese ev's made or assembled in Mexico.

[@sabin97]

do you applaud him? or condemn drumpf? cant have it both ways.

[@jesuslverfmysul]

​@@sabin97 Biden's an idiot

[@fundidoarrojo269]

He could condemn both...

[@iller3]

It's almost as if it doesn't matter who we vote for 🤔 (and they wouldn't let us do it if actually changed anything)

[@tylerhackner9731]

Trying to out trump trump lol

[@brandogg]

Trump voters will say this is a bad move

[@matthewpulizos3444]

@@brandoggnah it’s good but dems will say this is brilliant while bashing trump for the same shit. Hypocritical as hell but then again your are democrats that only care about power

[@jpnewman1688]

​@@brandoggI bet you didn't know VOTERS are smart as ROCKS.. 💯💯😂😂😂

[@ClownCarCoup]

Out-Trumping Trump. It’s actually a very Trumpian move. I’m surprised by it

[@vesperyoung]

It's only free trade and open markets when you're winning. When you're losing, it's called unfair practices and overcapacity.

[@iamnotacriminal]

Where’s our lithium mines

[@M00NWITCH]

@iamnotacriminal right? China literally has lithium mines...

[@braeburn2333]

They are in Lithiuania. 😊

[@jbo8540]

Eastern congo or maybe thats a different rare earth metal

[@McP1mpin]

That part blew my mind. You can make an argument for tariffs on Chinese cars and batteries in order to encourage the production of American cars and batteries, but the United States doesn't have Lithium mines so whose job is he protecting by slapping tariffs on the raw materials we need to make batteries with?

[@toms7114]

@@McP1mpin Australia, they have lithium mines. Also the mines in Africa are owned by American companies so he is protecting corporate interests there.

[@trockstar303]

They're scared of BYD for EV's. Meanwhile entry point for EV's in America is almost $40K right now.

[@cefoye]

So, he's making it impossible for Americans to buy cheap EVs instead of forcing American car companies to produce similar vehicles?

[@jakes658]

So we should just shut down our manufacturing base completely?

[@LibertyGoose]

Bingo

[@RicFlairWooo]

It’s a division that American companies are trying to develop but allowing china to dump their subsidized products destroys that possibility. This is a sector we need to develop for national security.

[@anthonyantoine9232]

Literally exactly this lol. Go anywhere in Asia right now and you'll see a ton of low-cost Chinese-built EVs, but God forbid we have the same.

[@chidorirasenganz]

Those 12k new vehicles aren’t worth buying. They’re low tech, unsafe and low range. You might as well buy an old Leaf or Bolt at that point

[@calvinharris5977]

What about the Chinese cars made in mexico?

[@PoorPakistanisSurrenderwasFant]

Tariff soon ✅

[@wenerjy]

Those are Made in Mexico.

[@jamesrudisill3816]

​@wenerjy The Chinese cars made in Mexico fall under NAFTA, and won't be subject to tariffs

[@wenerjy]

@@jamesrudisill3816 That's exactly my point.

[@jamesrudisill3816]

@wenerjy meant to reply to OP, but it replied to you, apologies for the mix up.

[@shannonc.5958]

Tariffs cost consumers more money

[@primuspilushb]

Then maybe we shouldnt rely on slave labor.

[@mb9662]

But that money goes to the US government… which means we are helping fund important infrastructure projects like the Iron Dome and funding the IRS expansion

[@NJ-wb1cz]

Free market is when you control the market whenever your manufacturers are losing, and make others open their market whenever your manufacturers are winning

[@bobwinters5572]

You could avoid 100% of the tariffs by moving to China.

[@DanA-nl5uo]

​@@primuspilushbmaybe we shouldn't protect 2 million dollars per month to the CEO and pull billions out of the customers for stock buybacks

[@thedelapo1606]

3:35 now remember when Trump did this exact same thing for the exact same reasons Ryan told you it was a complete waste of time and would actually caused Americans to pay more because the policy makes no difference it's just cheerleading for his side

[@foxyr4bbit]

isn't he saying basically the same thing here

[@johankruger-gd7sd]

Joe is known for plagerism.

[@nobodysbusiness9725]

Where's the video where Ryan said that or you're lying

[@Menaceblue3]

​@@nobodysbusiness9725 Ryan! You're not suppose to be commenting on your own videos! That goes against your contract on breaking points

[@Kai-tn4yx]

Which is still true. A tariff is just a consumer tax. While it might be morally justifiable when the other country heavily subsidizes its industry, it doesn't make any more economic sense. People will buy American EVs if the quality and price are correct, not if big government taxes foreign stuff.

[@laillahilaallah001]

So he's raising the price of affordable cheap ev's from China so American car companies can sell overpriced evs? Bruh lmao

[@insanittiez4860]

Isn’t that literally what all tariffs do? All tariffs raise the prices of the cheaper foreign products so the American one can sell

[@DanA-nl5uo]

​@@insanittiez4860so in the last decade how many American PV manufacturers started because of the tariffs on Chinese PV? Oh right non. Tariffs failed for PV and only cost American consumers.

[@LibertyGoose]

Gotta protect his donors….. uh I mean the unions.

[@jakes658]

​@@LibertyGooseYeah screw those American workers...

[@anthonyantoine9232]

Gotta protect against those unfair trade practices of Chinese EVs being much more cost-effective for the average American than what America is capable of producing at the moment. It's just so unfair that China kills us on this. It's exactly what's happening. Ryan is 100% right on this. We should have our own industrial base, but it shouldn't happen by enforcing tariffs on China.

[@roobler8923]

He’s only 3 and a half years too late

[@__________5737]

The 11k car is not even street legal to be clear.

[@samielkhayri9272]

Protectionism will only create more complacency in the US auto sector and delay the inevitable takeover of the sector by cheaper, higher-quality Chinese imports. I, for one, can't wait for BYD to go on sale here in Canada and will buy one even if the price is artificially inflated. I will not pay $50,000 for US crap.

[@diseabronx5075]

Well American made EVs aren’t selling so…

[@A_Derpy_NINJA]

Yeah teslas are trash. I’d much rather buy Chinese.

[@mb9662]

Chinese EVs aren’t selling in the US either

[@DanA-nl5uo]

​@@A_Derpy_NINJAshow me the $10,000 tesla. Because BYD has a $10,000 EV

[@henrylicious]

​@@DanA-nl5uoNot one that can pass U.S. crash tests.

[@middleagedbaldguy6774]

What a joke. Hand waving without sensible policy to back it. We can "want" to make the chips here but we have to go through the effort to invest in the facilities. Then theres the issue of a laptop costing 6k if you are paying US labor costs.

[@henrylicious]

Labor costs are mitigated via automation.

[@middleagedbaldguy6774]

@@henrylicious I teach sUAS design and robotics with a background in six sigma and automating processes. There is only so much we can automate but you aren't wrong on that being one of the answers. From what I understand the bulk of chip manufacturing is already automated with humans used for supervisory control to help avoid "automation surprises". Speed in a process isnt always good. Especially if we produce a quarter million high value units in a day. Without heavy supervision you can crank out a very large amount of unsalable units.

[@mb9662]

Tariffs on critical minerals and rare earth elements?! Because we have so much we can’t handle more?

[@newworld8546]

It is so painful to listen to him speak. Wake up people

[@lukeboshier]

Don’t understand Brandish

[@jpnewman1688]

I bet you VOTED a lot.. 💯💯😂😂😂

[@lukeboshier]

@@jpnewman1688 not a participant

[@jpnewman1688]

@@lukeboshier so why are you crying like a little STUPID baby at the STUPID prizes from your master?? 😂😂😂

[@heathergoesrogue]

There is nothing “clean” about EVs.

[@in4ser]

China's new sodium ion batteries are fairly clean as they do not need cobalt, copper and nickel materials. Also, while extraction of many of the metals for batteries can create pollution, they can be recycled at the end of life and reused again unlike oil and gas that disappear after they are converted into energy.

[@patrickcollins3274]

This wont do a damn thing.

[@jpnewman1688]

Of course things will be even more expensive for most Americans.. 💵💵💯💯 But you can't cry about the STUPID prizes from your masters if you played the STUPID game.. 💯💯😂😂😂

[@richardhay645]

No protection period. The us has never had a competitive advantage in manufacturing. Our robust manufacturing in the 50s and 60s went away when Europe and Japan recovered from WWII and when ocean transport cost plummeted with the advent of hugh ships.

[@henrylicious]

Those waterways that allowed that were protected by the U.S. Navy.

[@mezaharold]

Dude could barely see the teleprompter 😮

[@hidesinlonggrass3229]

Senile is a leadership quality.

[@jpnewman1688]

But how many times you VOTED?? 😂😂😂

[@umat6991]

He read the word “NEXT” out loud. Teleprompter wins again.

[@McP1mpin]

Probably a good thing or else he would start reading notations like (pause) and (last name) again.

[@jpnewman1688]

@@McP1mpin if you played the STUPID game, you can't cry about your masters like a little STUPID baby.. 💯💯😂😂😂

[@duketogo25]

I'm sure those were all unthinkable, terrible, dumbest ideas ever, when Trump did them.

[@jonathan7249]

I bet you don't know VOTERS have IQ of ROCKS.. 💯💯😄😄😄

[@Kai-tn4yx]

And it still is. Just at tax on consumers, nothing more.

[@profd65]

@@Kai-tn4yx Nope. They're a great idea. None of the world's great economies developed without protectionism.

[@mauricioquintero2420]

So murricans will be forced to buy Elmo's depreciating cars?

[@the_malefactor]

This discussion was badly missing an analysis of non-labor costs of production in the USA. Real estate, privatized health care, and pure financialized debt service are all acting as massive brakes on American economic production, vastly more than the cost of labor in sectors like manufacturing and agriculture. China has a massive advantage in a lower cost floor because of public universal healthcare, a less powerful and predatory financial sector, and the cost of housing/real estate being dramatically lower. Address those issues before even thinking about comparing labor costs.

[@elliotac7492]

We need affordable food & shelter. We already have affordable used cars.

[@RF1re]

If China can sell EVs at 10k each, the problem isn't that people should pay more- It's that American companies shouldn't be price gouging! People over profits! What's unfair is that Americans can't afford things!

[@bigisrick]

Would you trust the lives of your family members in a $10k Chinese EV?

[@laurodr]

Chinese evs are top sellers in the world, so yeah.

[@davidanderson-22]

Ok. So next time you buy a car made here in the US don't try to get the best deal possible because you will be putting your family at risk. ​@@bigisrick

[@JD-gk7eh]

You do realize that the CCP is footing a huge chunk of the bill for that production right? It would be cheaper to make them in the USA too if they US Government gave the companies the land to build on, paid for the factories, and then conveniently ignored any labor law violations incurred in the process. That's what the CCP does.

[@henrylicious]

​@@laurodrBecause their government even subsidizes their auto industry even more than the U.S. does theirs.

[@shirairyu9806]

Fair trade with an enslaved population is impossible. Tariffs, what a joke.

[@fundidoarrojo269]

Millions of Americans are working on two jobs and still have difficulties to make ends meet. Is that the enslaved population you're talking about?

[@shirairyu9806]

@@fundidoarrojo269 Sadly no, that still somehow passes as 'freedom'

[@redneckscumbags4422]

i can't figure out which is the enslaved population. Both are enslaved, but at least one of them isn't struggling to make ends meet and bankrupt on medical debt

[@TB-jb3rq]

Didn’t Trump propose Tariffs in 2020 and everyone lambasted him?

[@DibosUSA]

I’m glad but the hypocrisy is unreal

[@patrickn8355]

Biden has no idea what to do anymore lmfao 😂

[@jpnewman1688]

Really.. But who gave power, consent, legitimacy, 💵💵 and weapons to Joey?? GODS?? 😂😂😂

[@kriminil1516]

So Americans have to subsidize American auto unions? Americans should pay $50,000 for their car instead of $12,000 for their car because that’s good for Americans?

[@JP-ho6zc]

That's the American way, baby.. 😂😂😂

[@siriele2x3]

Hey, the link to the full show is set to private and cannot be seen

[@guillermomieryconchamartin214]

I still remember the good all times where everyone told us in the developing countries that "protectionisim" is bad and that we should all have open markets. I am wondering if developing countries would be allowed to put tariffs on US products to protect their local industries, or if they still expect us to have open markets.

[@henrylicious]

Depends. How much if the tax base are you willing to let go of?

[@foxyr4bbit]

china is just producing cars cheaper and faster and better. it also produces all the parts (batteries, etc) domestically and in-house, which makes it far cheaper as it cuts out the middleman for parts. of course the cost of living in china is also far cheaper and thus labor is cheaper. the us can never do that really- china's been investing in these industries for years

[@Painful-Truth7361]

I need to move to China

[@foxyr4bbit]

​@@Painful-Truth7361 china is great to live in, especially in a major city. super clean, amazing transit, friendly people, great food, also cheap if ur used to spending usd. i think it is going to be the future. p sure it produces like 80% of the world's supply of EV batteries as well, 90% of the solar panels (and all precursor parts), etc. only thing china is behind on is microchip fabrication, and the us has been try to slow it down (and by extention slow down AI development) by banning sale of AI specialized chips and advanced lithography machines to china, but this has only stimulated china to invest more heavily to research and produce these things domestically. 75% of the world's AI patents were filed by china over the past decade. china produces 1.4m engineers per year (bachelor's degree) vs us 200k. the only way the us can catch up is to play dirty (which it has been doing). when the us was busy outsourcing its labor and fighting multi trillion dollar wars post-cold war, china was quietly building up its labor and infrastructure.

[@johnhuelsmanjr4487]

Hold on so I hear all this clapping on announcement of 25% tariffs on all these batteries that we don't produce here. So they are cheering and clapping for an increase in prices we are paying. Who are these people planted in the audience to do this clapping to convince us sheep that this is a good thing when we hear this announcement

[@jakes658]

We have a large lithium deposit here in America.

[@EasyMoneySG]

All your electronics just got 25% more expensive in an economy that was already in trouble.

[@issiakasanogo3657]

Great analysis from Ryan.

[@FishMonger849]

Why can’t we get affordable Chinese electric cars and other green tech? I thought US believed in free markets??? …/s

[@billytheweasel]

Bot. Communist state subsidies for that manufacturing sector. They have giant lots all over where they dump Chinese EV’s.

[@jpnewman1688]

Really.. But how many times you VOTED?? 😂😂😂

[@oliviastratton2169]

Is it really free market competition if the other guy is using subsidies and workers with no labor rights?

[@FishMonger849]

@@oliviastratton2169That statement goes both ways, sadly. So no :(

[@LL-rm8xt]

because they want you to keep buying gas cars.... and keeping the petrol$ alive to control the rest of the world.. If the US can stop the EV boom, they still control the oil and therefore other peoples economies

[@plau2007]

The Chinese companies can sell their EVs in the Global South. They don't need US and EU markets!

[@timothyhammer6154]

Very inforrmative

[@sankarchaya]

The telling thing is that the Chinese engage in public ownership and positive support for industrial policy, while America engages in negative forms of protection that harm consumers and limit the growth of "green" technology.

[@rcrinsea]

If you can't beat 'em, ban 'em. America is weak.

[@1massboy]

Thanks to Ronald Reagan

[@jonathan7249]

Nah.. Who went to 🇨🇳?? 😂😂😂😂😂😂😂

[@vegamoonlight]

​@@jonathan7249Elon Musk. Tesla has a gigafactory in China, in Shanghai.

[@craigsips8677]

@@vegamoonlighthad as factory not ‘has’

[@vegamoonlight]

@@craigsips8677 you replaced Elon Musk? LMAO

[@bri643]

It’s like his mouth never opens wide enough to properly pronounce the words and it irks me 😭

[@slomo4672]

All old people do 😂

[@henrylicious]

He has dementia. That's why.

[@achmadyazir1039]

So Americans will have to pay more for the same thing... I guess Americans have more money than I thought.

[@jasondoolin6476]

“They were doing paperwork stuff”- Me explaining geopolitics to my parents

[@sarelvanderwalt5219]

It was the extreme levels of air pollution before the 2008 Beijing Olympics which prompted China to invest heavily in solar, wind & other clean energy. It also coincided with Europe’s push in clean energy in the 2000s & 2010s.

[@bruteboy123]

EVs are a grift.

[@redneckscumbags4422]

only a grift in America because there's no infrastructure. Not a grift in china, it's cheap and requires less repairs, charging stations everywhere, takes 10 min to charge and improved china's air quality and reduced noise pollution and the country's reliance on fossil fuel. It's working well for china.

[@AyeshaRabab]

Wow Ryan. Didn't expect such objectivity on China from someone on this show. Well done!!

[@chidorirasenganz]

100% tariff is fine because if those shoddy EVs are available for 24k, why would you get that instead of a used Model 3, Bolt or Polestar 2?

[@edwardseavey1172]

The Government of China is heavily subsidizing their EV industry and trying to dump them abroad.

[@Cold4ged]

It might be impossible to catch up with China’s infrastructure advantages at this stage.

[@lowtidestench]

Yeah, I want to pay $80K for a crappy American made EV car.

[@chidorirasenganz]

There’s new EVs available in the 30k range and used ones in the 10k to 20k range

[@Drwhispin]

Theres a deeper problem that isn't necessarily the EV cars, it's American made cars. They suck and are overpriced piles of junk. Rarely if ever do they make it in the top 10 in terms of reliability; instead they near the bottom of that list. We bail out these incompetent morons and people still buy their dumb shit because 🇺🇲🇺🇲🇺🇲

[@nojindoj2334]

Who cares about quality when they loosened hiring practices, and standards, so they're made with more people of color now? Isn't bidenomics great?

[@alinasir-py4np]

All this just makes inflation worse for Americans

[@kevorkian383]

Tarrifs do not benefit average Americans, it benefits US corporations. Prices will just go up for competitive products... Corporations depend on low cost Chinese manufacturing to keep their CEO bonuses high. They don't want Americans saving thousands on electric cars. The climate can wait, profits must stay up.

[@ianclark9598]

Welcome to the stone age.

[@NONE2NONE]

IN what capacity> Why do you say that

[@ianclark9598]

@@NONE2NONE China is way ahead on so much technology. This protectionism will hold the US back even further. Protectionism always leads to a slowing of progress. Rather than hamstring the competition (who will get tougher), learn from the experience, improve your own manufacturing capability.

[@braeburn2333]

Complaining about Chinese "overcapacity" is like complaining that the other team is scoring more baskets. LOL. That is the funniest news speak I've heard all week.

[@ysong00]

Wow, becoming a bigger and bigger fan of Ryan. One of the few informed views on China. Well done

[@conanmcclanahan1069]

They're setting up for an "Emperor has no clothes" moment in such a way, I can only sit back and watch in amazement.

[@hidesinlonggrass3229]

We can just make chips here. Right...? Right...?

[@johankruger-gd7sd]

😅🤣

[@BigmanDogs]

Why do people not want cheap electric vehicles?

[@nickthompson1812]

People do. American government wants American companies to thrive. It’s about economic world domination.

[@PoorPakistanisSurrenderwasFant]

Because Chayna may use it to collect data, snooping etc.

[@GroundZ3R0Gamer]

We definitely DONT have infrastructure to support everyone driving EVs.

[@zufalllx]

Because cheap electric vehicles are deadly electric vehicles

[@litedawg]

Because they dont exist. You can get a cheap vehicle or an electric vehicle. Not both.

[@clownsleftjokersright7027]

Politicians: The world is doomed! "Climate change, Climate change" oh my? Politicians: Cheap EV's not allowed?

[@mugoblk3535]

Did anyone else double take at 0:40? It sounded like he said, "That includes, saying I'm a Nazi today." I know that was not what he was saying, but man, did that give me a chuckle.

[@MichaelRussell3000]

Shows the weakness of the US economy.

[@matthewm9261]

No worries china will make electric cars in Mexico.

[@ClownCarCoup]

How so? US Real GDP is growing at a higher pace than most other western economies, and a bit faster than it did pre-pandemic.

[@matthewm9261]

Comment censored by youtube

[@profd65]

What a brilliant argument. Wow, what a genius.

[@GreyCrowe]

Kinda sucks for consumers. Chinese EVs are better and cheaper than Teslas.

[@TheLastLineLive]

Elon is probably the reason why, I’m sure he lobbied the administration.

[@Sheriffryewhiskey]

Economics 101 classes take one boss. Smh.

[@PoorPakistanisSurrenderwasFant]

But not safer for sure😂

[@VinceMVP]

I love these two. More of them please

[@richd4819]

New drinking game. Take a shot every time Biden says CLEAN.

[@user-gf3lw5pi4t]

Kennedy 2024❤

[@hidesinlonggrass3229]

Brain worms are better than brain damaged.

[@Weouthere805]

Making shit more expensive to Benefit the rich!

[@andresabourin2423]

Thank you, Ryan, for avoiding weird western chauvinism in this video.

[@andysauro1500]

When you copy off the other guys homework...

[@ronlivingston7612]

Why attack environment friendly vehicles? Why not go after big SUVs?

[@justinhogue9861]

China prints money and subsides their manufacturing to prop up companies. Europe is gonna do the same thing as biden for good reason.

[@henrylicious]

EVs aren't environmentally friendly.

[@DankasorusRex]

3 views in 52 seconds? Come on guys

[@voltage80x]

Posted 1 minute ago with 37 views. Video is 16 mins long lol

[@StuartFerguson55]

@@voltage80x you don't have to watch the entire video for it to get a view...

[@McP1mpin]

​@@StuartFerguson55Yeah but I did think you had to watch a certain percentage of it. I don't think under a minute should count.

[@jpnewman1688]

So you're still buying crap from your masters?? 😂😂😂

[@Discovery2024-rn8kn]

Tariff is a tax on the buyer not the seller 😂 just makes everything more expensive - more inflation to come and higher interest rates

[@GetAwesomeGaming]

No amount of Tariffs are going to make US manufactured EVs affordable enough to actually meet the slowing demand 🤔🤷‍♂️