Why China Is LAUGHING At Trump's Tariff Plan To Revive US Factories

[@mywifequitherjob]

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[@noway8563]

The previous tariffs had no impact on the American economy, I do not see why new tariffs would have an impact.

[@Craig61-f2u]

I get 90% of my supplies from China, here in Australia 🇦🇺 most products are very reliable, I don't think I could ever trust products from America, I've recently been working on a new design for the ev automotive industry, but if I was going to get anyone to build it, it would more likely be China, anyway thanks for sharing this information, I appreciate your time.

[@did_I_hurt_your_fee_fees]

Wow, talk about low informed viewers. Just reading through the comments and listening to this nonsense shows why you all lost the election.

[@did_I_hurt_your_fee_fees]

@@Craig61-f2u Chinese products kill people because of the BS non regulation. You can say it's good but anyone who has used T3mu knows what garbage Chinese products are.Buildings are falling down in China because of the low quality. Do you work for Xi or something. Everyone knows what a joke China is and how poor everything is that they do in China. Sewer grease, for example. Restaurants in China fish grease out of the sewer and reuse it. Yeah, quality.

[@delilahmurray9589]

@@did_I_hurt_your_fee_fees lol hurts my brain. Europe is just starting to wake up from the lies told to them day after day. Its been ten years for us and we are finally making some progress. We got their back till they do.

[@DrJoshGuitar]

Because Americans are all saying, gee I sure wish I could work in a factory all day making cheap items for Walmart...

[@ElSantoLuchador]

It's patriotic to work for $13k a year. Also this will create a lot of child labor jobs.

[@neale3871]

Americans are very picky customers, I can't see them accepting US made goods with such shoddy finish. There's no way they'd meet Asia QC standards. Look at the workforce.

[@johnc3525]

@@ElSantoLuchador Right? All those patriotic MAGAs who voted for this must line up and help the country.

[@arturovillaluz2053]

@@johnc3525 And go to the fields to pick up oranges.

[@arturovillaluz2053]

And if there's such a factory in the U.S., you'll see a lot of immigrants working there.

[@Ace1000ks19751982]

The problem is a lot of the products that the US imports are stuff they can't produce here. If you put tariffs on stuff you don't produce, you will have to buy this stuff even with high tariffs. That will make things more expensive for the average US consumer. That will be inflationary. It took decades to build up China's industrial infrastructure, it cannot be done in one, two, or three presidential terms.

[@svcupc]

agreed, and considering China's speed of building things up and their policies consistency across multiple leadership teams, it cannot be done in 4, 5,or 6 presidential terms here in the states.

[@JStarfire01]

You are so right he should have waited until this country produces the things we need before going ahead with his new tariffs

[@Ace1000ks19751982]

@@svcupc Who knows what the next president will do. They can simply undue everything the previous president did. LOL

[@bobriquardo5317]

@@JStarfire01 We can't even produce what we need without bringing down the cost of labor which is a bad idea for many reasons.

[@I-N-JY-GD-CNTNT]

In fear of stating the obvious its the average american who pays the tariffs its also revenue for the government which probably won't be used on infrastructure, education and healthcare. Also it explains why the Democrats allowed undocumented immigrants to enter the US...exploitation for cheap labor. And, if you bring back manufacturing back to the US expect the cost of these products to be beyond the reach of american citizens...corporate profiteering for its shareholders.😢😢

[@joninosaka]

If they can't handle it now, how the hell will American consumers handle it when the trade war really heats up

[@IMGreg..]

That and where are they going to get the bodies to fill these jobs if they're booting immigrants out? Unemployment is already at ridiculous lows. To entice employees, wages will also rise.

[@ElSantoLuchador]

They'll blame Biden.

[@LostRussianLove]

​@@IMGreg.. my opinion, when the tariffs happen, this will cause some businesses to go under. There will be mass unemployment, unfortunately. There will be plenty of people for those jobs.

[@donwyoming1936]

My wife's school district is so short of teachers, they just brought in a dozen new college grads from the Philippines to be teachers. It's nearly impossible to find a college grad here willing to work for teachers wages. Those who do sign on often fail the certification tests they have to take to remain to be teachers. So, we have schools full of African & Asian college grads on work visas filling in the gaps.

[@johnl9977]

Well, I think Joe Rogan said it best when he said that in trump "The morons have a king". People who voted for trump are too stupid to understand that when inflation goes down, it does not mean the prices in the stores go down, it just means that they rise at a lower rate. Dumb bastards expect prices in the stores to go down when trump takes office. Won't happen, only thing that will bring prices down in stores, is a deep recession. Why?, because then, our corporations will have to actually compete for sales, something they have not done for many years now. Either that, or deeply cut production. They are also stupid enough to believe trump's lies that China will pay the tariffs. You know, anybody as stupid as a trump supporter deserves to be broke and homeless, they certainly ask for it. He killed the economy and over one million Americans in his first term, is very likely to do the same in his second and the people of America deserve it.

[@floydchusset3143]

Our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.

[@grinjohnson6452]

People believe their currency has the worth it does because they have no other option. Even in a hyper inflationary environment, individuals must continue to use their hyper-inflationary currency since they likely have minimal access to other currencies or gold/silver coins.

[@ryanthompson8256]

I think Americans can beat China economically... We should not feed the CCP.

[@ryanthompson8256]

Invest judiciously, keep a stop loss figure. Shuffle between debt and equity wherever the ratio goes too off your target. As for the target I use an FA who recommends a Ratio like this Debt % should be equal to your age in years

[@ryanthompson8256]

Trump will make China its girlfriend.

[@jullietcrowns1240]

profit is America’s passion

[@gloofisearch]

For those who still have not understood it. It is not about "who is president" or "put higher import duties on stuff", it is all about education. The education level in our country is so low, it is embarrassing. Due to that, we will fall further and further behind, no matter who runs the show.

[@SteffiReitsch]

Here is an example of education: John Bolton related a conversation he overheard between Trump and prime minister Teresa May in which the subject of nuclear weapons cropped up. Trump said " Oh, you have nuclear weapons? " The man is so ignorant he didn't even know the U.K. has nukes. Among other things, it also came out he didn't know the difference between the Baltic and the Balkans, didn't know Northern Ireland was part of the U.K., confused WWI with WWII, and was totally clueless about what Brexit was. Trump also said accelerated climate change was a hoax and the scientists are lying to get rich. It's also been reported he talked to Putin on the telephone and had asked him if he should send weapons to Ukraine! OMG. WTF, he asked Putin that! Anyway, Trump's about to wreck the U.S. economy with his tariffs. Trump thinks he knows more than every economist. Brace for impact. Watch your savings melt away. You voted for this clown.

[@zxys001]

Ditto and SMH. I'm a Mechanical Design Engineer (born raise Bay Area my Dad was also in Tech (ME/EE)) and feel like the last wave of the Tech Boom Generation. Don't get me wrong, we have GREAT people working now but the future competitive trends and education are estimated to be very challenging. (otherwise, pinch me when this latest pres admin has gone)

[@dianem6951]

@@SteffiReitsch And yet here we are with 2 wars and a possible ww3 with Biden/Hartis at the helm. Please don’t believe everything you hear. Every one of them has lied. Then again maybe you trust some who’s never had a real job or has run a business. Someone who talks about an imaginary ‘opportunity economy’ and believes everyone is price gouging. She was the deciding vote that drove inflation up. Come to find out government just printing more money isn’t a good thing.

[@comment8767]

@@SteffiReitsch More silly DNC troll bunkum,

[@bellissimo4520]

Sadly, the people who would need most urgently to understand this, won't, exactly because of their lack of education...

[@jerry4256]

China is laughing. Hell, most of the world is!

[@imnugget8085]

China us straight up poor 😂 most of there people are losing jobs more and more first it was 3d printer then now a.i and now more and more goods are digital not toys 😅

[@billm9775]

@@imnugget8085 having interacted with the new chinese middle class a lot, i assure you they are not getting poorer. Who do you think makes the 3d printers, and the components for them. Just because they are no longer making action figures doesn't mean they are no longer producing products. My buddies manufacturing plant 3d prints prototypes, but sure as hell flies him out to China and other countries to verify the parts and set up. One of the factories they are using just pivoted from making gears used in RC cars over to making grinder wheels in a matter of months.

[@imnugget8085]

@billm9775 uuuh yah as I'm to a middle class american I'm to doing well but if we look outwards as a country as a whole my country is getting poor cause inflation and if we do the same with China the money ain't getting as weak as usd but there jobs alone are disappearing in a alarming rates 9% unemployment with that batch of a population. And we are going more and more digital look at funko pop made in China and Vietnam but over time like every other manfacture there moving to Mexico and Vietnam even clothes. And with these tariffs china is in a place it can't say no to but even they say yes well why not outsource in africa or veitnam or best place brazil and mexico

[@jbwshox]

@@imnugget8085you have no idea how global supply chain and manufacturing business work. Don’t even talk about tariff and economy. Outsourcing is not as easy as you say, you need good basic infrastructures and huge amount of stable power supply and tech and skilled workers and engineers. Those countries are either capped or do not have these. It will take decades to build the supply chain and the full manufacturing ecosystem that China has.

[@bobsacamano7653]

as soon as trump got elected. They realized how uneducated we are.

[@iTek14]

Americans who believe that prices are high now should brace themselves for the impact of tariffs in the coming months.

[@DouglasW-m9z]

Don't worry, tariff is pay by the Chinese

[@mrwz626]

@@DouglasW-m9z hahahahah right. Unfortunately, that's not the way it works. But, the American public will soon find out!.

[@alexanderjohansson4602]

@@DouglasW-m9z Haha, Trump said that huh? Sorry to break it to you but Trump has more bankruptcies in his baggage then I have underwear. He does not understand economy one bit.

[@ijatpingrhyb]

​@@DouglasW-m9zHahaha 😂😂 hahaha 🤣🤣

[@albertchun6890]

​​@@DouglasW-m9zU R so ignorant n so gullible. It's the American importer that will pay those tariffs then they will pass it on to. YOU. So it's you who will pay it. It's a. Hidden tax. Idiot

[@etacas1412]

In other words, we're screwed.

[@veritas3179]

Hahaha 😅😢

[@Chubbchubb2313]

Great Summary!

[@KittyCat-qg4vd]

Bingo. And California Democrats are implementing a 2 dollar per gallon state tax on gas in 2026. We are totally screwed.

[@oot007]

👍💯🎯 🤣

[@cjngguanatos4687]

Of course we are oh no but tell that to trumpers they’ll said Trump will fix it all 😂 yea ok

[@fdjw88]

I work real estate development, and when we construct apartment complexes, we use a lot of steel beams and aluminums, which were all imported from China. After the first round of tariffs in 2018, our construction cost increased about 30%, and we mitigated this cost by increasing our rents for future tenants. On top of that we also lower the qualities of our interior finishes to further save cost. It has been 6 years since the first round of tariffs, and I can tell you, the construction industry, has yet to find some local supplies that can supply us with large quantity of steel beams. So, in the future, prepare to see even higher living costs.

[@bayboybob]

How come the U.S. has tariffs on Canadian Steel and wants more on lumber and all building products? I guess they don't want their closest allies and neighbors to profit from these essentials. Maybe if Canada used the money to build up an enormous army, navy, and air force, they would drop the tariffs. You have to threaten the world with destruction to be appreciated.

[@marius3115]

I hope you didn't construct them in an area affected by earthquakes, otherwise you're screwed...construction materials from China...man that's brave, or greedy. :)))

[@jbwshox]

@@marius3115spot another msm brainwashed victim😂😂

[@marius3115]

@@jbwshox suuuure :))

[@annabellelee4535]

Don't worry, the world is dedollarizing and the new cross border payment processor doesn't take dollars so if China and India don't keep the SWIFT system, the US won't be able to afford to import. We knew this was coming but the gov't refused to balance the budget.

[@pohmoh3590]

As one American comedian said “We want to wear Nike shoes. We do Not want to make them. “ 😂

[@wong3150]

So true. Even if the US wants to make them, Nike shoes will not be competitive in the global market because of the country’s high production costs.

[@Youtuber-xs9cp]

Chinese will wearing American Apparel soon.. they lack quality.. .. they have remove restrictions on products from here

[@rayeo128]

Trump says one thing but does the opposite. In 2017, trump imposed 25% tariffs on steel imports mainly from china. Then Harley Davidson has to close shop and move out of US citing unsustainable costs increase. Is this job loss or job creation? Americans should brace for more shocks from foolish tariffs on essential imports.

[@rap3208]

A politician will say anything to get elected.

[@alphago9397]

America does not need low-quality garbage made in china. The tariffs benefit everyone.

[@DouglasW-m9z]

Did Harvey Davidson voted for Trump? Most likely

[@tony8570]

Harly is a sellout.

[@CH-uy3yu]

@@rap3208 yes....but the people must be smart to know the lies and record of the politician.....your vote counts and affects you & your family future

[@JudithWalker-ij5ex]

I hit $113k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject.

[@ChristopherWashington-kw6zn]

It's essential for you to have a mentor to keep you accountable. Myself, I'm guided by Evelyn Vera. for years and highly recommend her I focus on him. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

[@HarryDavidson-ew5qw]

I would really love to know how much work you did put in to get to this stage.

[@Chamberkevin]

I keep hearing a lot about Evelyn Vera, she must be really good

[@JenniferAaker-h4v]

Wow! wow! please is there any way to reach her services?

[@RonaldRiley-ys2er]

Really you people know her? I was even thinking that I'm the only one she has helped with trading.

[@ThePhenomenalLife]

Tariffs will make Mexico rich and us citizens will pay for it! 😅

[@joninosaka]

Its kind of ingenious in that it will stop the flow of migrants because all the jobs will be in Mexico.

[@curiouscat544]

If that is the case then hopefully the mexicans don't cross the border, that will be a tremendous amount in savings for the US.

[@delilahmurray9589]

Under USMCA, stricter rules require more production within North America, with higher wages and fairer labor standards. Yes, tariffs can lead to SHORT-term price increases, but they also reduce reliance on countries like China and help build resilient supply chains with trusted allies like Mexico. It also includes sticker intellectual property protections. This strengthens the region as a whole, including the U.S., by keeping jobs and industries closer to home. The goal isn’t to make one country rich-it’s to create shared growth and security across North America. Is that funny or wrong? If so, lets have a clean debate :)

[@watcherworld5873]

I think countries like Vietnam will benefit from the tariff. This is because manufacturing is more likely to move from China to Vietnam than China to USA.

[@joninosaka]

20% is less than 60% so yeah, Make Vietnam Great Again.

[@ElSantoLuchador]

Chinese manufacturing is done in Vietnam already. And Malaysia. Most of it is outsourced to other Asian countries. You're too late by at least a decade.

[@kenho-wr5ul2rh7m]

Viet has currently capped their productivity Their energy supply/ electricity production for factories is max'd

[@litatapita6767]

South east asian manufacturing is strongly rely on China for both electronic, materials and supply chain support. You are already too late to do that.

[@neale3871]

​@@ElSantoLuchadorfrom my balcony in Penang Malaysia I see 2-3-4 cargo flights each evening departing with high value components going to Hanoi, Taipei and mainland Chinese cities. This wasn't started to evade tarrifs.

[@nfia2024]

As Dave Chapelle puts it, no one wants to work as hard as the Chinese.

[@tigading2177]

not only that US and UK loves to s*** on China.

[@kimphinnessee911]

Which is why the suicide rate is so high.

[@Craig6844]

because if they dont they eat trash or starve. Look at what happened during Mao great leap forward.

[@andrewjordan4193]

Trump's economic proposals remind me of Brexit: another example of a country voting for something that was economically harmful for them and which they now increasingly regret. Brexit was of course supported by Trump. Right wing British politicians that support Trump e.g. Truss (she who nearly wrecked the UK economy in the summer of 2022) , Johnson and Farage all supported Trump's re-election. What these people know about macro economics you could write easily on the back of a postage stamp. And just wait until inflationary pressures prompt the Fed into tacking action :Trump will turn on it big time. At some point the bond market is going to teach the US the same lesson it taught the UK: World's reserve currency or not.

[@kavky]

Brexit was what Brits wanted and it could have been an economic boon. It became a liability because it was handled by people who were vocally opposed to it like Cameron, May, and Truss (who was not a Trump nor Brexit supporter). Johnson already had his hands tied by the decisions of previous incompetent PMs and the pandemic, while Farage could have done a splendid job had he been entrusted with Brexit. You cannot blame him for something that was out of his hands. Blame the Torries who fumbled the bag.

[@annabellelee4535]

🤣🤣🤣🤣🤣🤣🤣🤣🤣How was Brexit harmful? They would be in even worse shape if they were still a part of the EU. Didn't you understand that or are you completely out of touch with reality? Let me guess, you think the EU is doing better than the UK 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

[@jh299110]

​@@annabellelee4535 brexit was completely based on immigration issues. It was completed agreed by vast majority of economists and all calculations that Britain exiting Europe was going to hurt Britain. And it did...decrease in jobs, decrease in overall exports and imports, decrease in overall gdp. I mean all this research is already out there...all you have to do is Google it.

[@Dstinct]

@@annabellelee4535 The EU is doing better than the UK economically. the UK is isolated as a trade partner and has way more red tape to deal with now. Costs for basics have skyrocketed. Fishermen are screwed. Shipping companies are screwed. It's been a total clusterf*ck.

[@annabellelee4535]

@@Dstinct The EU is on the brink of war with Russia to try to push Nato eastwards to regain control over the countries there. The US, thankfully, has decided not to pay the venue fees any longer. The EU is dying, it doesn't have the energy sources to keep the lights on let alone have industry. The Uk is doing much better than the EU. At least they won't be dying in the useless attempt to recolonize the East. The East has overthrown the West.

[@thisiskevin1000]

Mexico is another surprising winner here. Even business news channel CNBC have a story on how Mexico is used as an effective BACKDOOR for Chinese exporters en route to the US and Canada while quietly taking advantage as well of the USMCA (formerly NAFTA) trade pact. And now the Peruvian port of Chancay has opened on the sidelines of the APEC (Asia-Pacific Economic Cooperation) summit. Not just goods from across South America, it can even use its geography and proximity to the Panama Canal to access the east coasts of the US, Canada, Mexico and the Caribbean

[@amandagrant4331]

If Chinese set up factories in Mexico and then sell the products made in Mexico to the United States, there is no problem in itself (for free trade agreements) The United States has no right to restrict foreign investment in Mexico.

[@thisiskevin1000]

@@amandagrant4331And you now have a more leftist (not liberal) presidency under Claudia Sheinbaum, a Nobel Prize laureate. Even other LatAm nations with existing free trade deals with the US can be exploited by Chinese enterprises - Costa Rica, Panama, Peru, Honduras, Colombia and Ecuador.

[@bluedrakken]

when trump said he'll add tariff to chinese goods coming into the US they mention all goods even goods coming from other county like mexico and india to close that loophole.

[@jamesdavis8731]

Anyone that believes Donald Trump is good for the economy, America, and the world is out of their minds. It is sad that America has fallen so far in morals and basic common sense.

[@kellis773]

The problem was that Harris was a terrible candidate . She raised 1.5 billion dollars and still got destoyed. Americans had no choice but Trump.

[@JayWeb3]

Anyone that doesnt remember Trump was already President one before is obviously lacking basic common sense. We had a record breaking economy, NO WARS, NO INFLATION, affordable housing, and median household income was at record high. Im sure most people were better off 4 years ago than they are now. Im not even a Republican but why are liberals mentally and economically challenged?

[@ca2712]

​@@kellis773I completely disagree

[@kellis773]

​@@ca2712You can disagree, although I'm stating facts. The American ppl rejected her wok liberal politics. Trump raised a 1/3 of what Harris received from all the celebrities and billionaires. Trump still destroyed her. The ppl voted for a Trump government. Again, you can disagree all you want, the fact is nobody believed what she was trying to sell to the American ppl.

[@CH-uy3yu]

@@kellis773 She raised 1.5 billion dollars and still got destoyed becos of ignorant and uneducated americans who just loves the clown Trump and believe whatever shit he says....Trump loves the uneducated and he said so himself....

[@mb6055]

Housing cost in United States will not make any of this possible. Young people will definitely refuse to slave away in some factory making under $50 an hour because their monthly rent is around $3,000 for a one-bedroom apartment. But if they decide to move to a more rural area where the factories are their property tax will skyrocket so high along with their income tax, making 150,000 a year is never going to be enough for a manufacturing job worker. And if they find any type of work around the products they are making will be so expensive no one is going to buy them, in the US or abroad. Manufacturing is dead in the US and it will never come back to life because of greed. Housing and cost of living never comes down it only goes up in the US.

[@san209nha9]

Housing cost will increase after the mass deportation "show", even the US only report 20% illegal immigrants in 2025

[@CMB21497]

Housing costs are going to become more reasonable. There is just a shortage at this moment, and supply is catching up fast. That will put pressure on the prices while we still need the interest rate to improve.

[@mb6055]

@CMB21497 As long as people need a place to live the greedy landlords will never take less because they know people have no choice but to pay the crazy prices. When I was a child we had a three-bedroom two-bath apartment and paid a little over $300 a month, is seems as if every bedroom what is $100 a month now every bedroom is 1,000 a month, and in most cases more. All rents Nationwide should be income-based, 30% of your monthly income that is a fair deal for all. Landlords should not be allowed to discriminate against people making 75,000 a year instead of $300,000 a year. 47,000 homeless people are still waiting for rents to normalize and it's sad 😢

[@amandagrant4331]

The United States needs more Indian immigrants, which can significantly reduce the labor cost of manufacturing.

[@timb350]

You forgot one thing...when Trump deports all the illegals who are keeping house construction costs down...the price of those houses is gonna become even more unaffordable.

[@williamlloyd3769]

Daughters won’t like more expensive iPhones, more expensive H&M clothing, etc. Doubt they would want to work in an iPhone factory or sew clothing. Something will have to give.

[@redbarchetta8782]

Fool me once, shame on you, fool me twice, MAGA.

[@delilahmurray9589]

be specific- what were you fooled on? Honest question. Do you feel better and safter today then you did four years ago? Perspective is key and would love to hear yours. Only way we can move foward. :)

[@stewartbjorgan4840]

?

[@privacyhelp]

1. Most Americans don't want to be mechanics and engineers, they prefer MBAs. Good luck finding workers. 2. China could impose high export tariffs on critical raw materials that US factories need. 3. The US needs more imports than exports to keep the USD spread out.

[@wong3150]

TSMC has to fly 300 of their employees from Taiwan to their US fab plant because they couldn’t fill the vacancies with local talents. Apple once attempted local manufacturing and the outcome was disastrous. The company subsequently decided to outsource manufacturing outside the US. The reality is that the US is no longer a manufacturing powerhouse.

[@jbwshox]

⁠@@wong3150and TSMC factory in the US failed miserably

[@annabellelee4535]

No, we can't afford to import because we don't even have enough money to cover the country's operating costs. We are short by 2 to 3 trillion dollars a year and nobody wants the highly inflated dollars. Why do you think the rest of the world created their own cross border payment system? They're isolating the US and her stooges. We are going the way of Argentina. Did you know Argentina was once a first world country? It was a shock when gov'ts realized that a country can slide into third world status. Now we're seeing it in the US UK and EU.

[@adammcarthur7996]

Let’s cut a long story short America has just broke itself clean pure and simple

[@thisfool89]

I had an idiot trump supporter try to tell me that the tariffs will have no impact at all on american manufacturing. I cant believe how absolutely stupid these people are.

[@edwinwise6751]

It’s a cult , not into analysis

[@thisfool89]

@edwinwise6751 the worst part is these people aren't going away. They will vote for the next idiot grifter to come along.

[@chriss521]

​@@thisfool89Kamala is more idiot than trump

[@fyoutubesoa]

Jerome Powell will be facing someone who believes they know everything but, in reality, understands nothing.

[@TurfSurf]

Their brains are rigged! This is why the orange buffoon loves poorly educated.

[@scotts5886]

well ...people have to wait until tariffs walk up and bite them in the ass nefore they can even see how vicious the consequences could be

[@delilahmurray9589]

are you talking about the EU?

[@scotts5886]

@@delilahmurray9589 I`m talking about the Trump voter who bought into the narrative that the imposition of tariffs on imports by their very nature will work to benefit the economy and themselves by extension...a lot of things have to take place for that to happen....and many of those things can only take place over a very long period of time. and that is going to mean a reduction in the rights of workers, and people generally in many cases....it's going to be quite a show...i`m only sorry for the millions of people that are going to be adversely affected who unfortunately will be innocent victims in a sense...

[@JDavidHopkins]

Don’t bother with these polls about consumer persuasion. Consumers always say they’re ‘hurting’ & they ‘fear the future’. Polls are just gonna confirm human negativity.

[@garyvee6023]

The greatest thing about Trumps tariffs is he wont get past the 2 year vote because America will be in uproar within 6 months of him taking office. Here is my prediction..., he "WON'T" see the first 12 months out for one reason or another. 😫

[@bruce4947]

Americans have the government they deserve. You elect clowns you get a circus.

[@annabellelee4535]

Well, we did realize that and tried to fix the problem by voting out the Democratic Insane Clown Party but the damage is too extreme to fix, I'm afraid. Biden cost us the petrodollar which destroyed the dollar as a reserve currency and now the world is moving to a payment processor that doesn't accept dollars and euros. Biden made things so intolerable for the rest of the world that they are now isolating us and our stooges.

[@hughbetcha6922]

A person making $27 an hour might be able to afford a $2000 phone (who needs iphones anyway?). A person without a job cannot afford any kind of phone.

[@TYT695]

Sorry America you chose him😂

[@evamilsap1312]

You said it 😂😂😂😂😂

[@joergmaass]

The 18th century is not very different from the 21st for Trump supporters. In fact, they'd much rather go back to the 16th...

[@comment8767]

You lost :-)

[@PrettyRynyk]

Communist Kamala lost, get over with it, Commie. :)

[@annabellelee4535]

I suggest you take a few history classes if you think the 1700s are not different that the 21st century. Also, you really need to grow up if you think Trump supporters want to live in the 1500s. You've lost all touch with reality.

[@delilahmurray9589]

That’s an interesting perspective! This debate between isolationism and globalism has been central to U.S. history. Both Washington and Eisenhower emphasized caution in foreign policy-not as a rejection of the world but to protect American values and resources. Eisenhower warned of the risks of the military-industrial complex overshadowing democracy, while Washington focused on staying out of European wars to prioritize growth at home. The real question isn’t about going back to the 16th or 18th century, but about finding a balance: how do we protect our domestic priorities while engaging responsibly on the global stage? History shows us we can learn from both approaches without fully rejecting either. Thats an excellent debate that should be had more out in the open.

[@Pnoydoc8]

the US unemployment rate has been ranging between 3-4 % -which is virtually full employment. Even without mass deportation, where will the new workers come from when US manufacturers reshore?

[@wong3150]

That is the official unemployment rate which is often rigged. The real unemployment rate is much higher.

[@itsjayswelly]

@@wong3150 how do you know that? where can we find that data?

[@PrettyRynyk]

@@itsjayswelly He made it up. Chinese always lies.

[@jokeychin]

@@PrettyRynyk The only thing you can do is blame China, but that changes nothing.

[@kavky]

@@itsjayswelly From the Bureau of Labor, it only tracks people seeking jobs. It does not account for people who are self-employed or who have stopped looking for employment.

[@oldskoolmusicnostalgia]

Chinese are too intelligent to lose in the stupid games America wants to play.

[@kavky]

Chinese are so intelligent they can't differentiate between cooking oil and sewage oil.

[@Frank_Techguy]

You can build factories in the U.S. but good luck on finding Americans to fill these factory jobs.

[@waltkim]

Excellent video, I wish mainstream media would focus more on the topics/issues you raised in this video.

[@michaelc821]

Anyone listening to Trump is not smart. The newly elected one, who couldn't run a casino cannot run a country. He lacks intelligence.

[@Michaelcj-m2d]

Look at his cult followers 😂 there the cream of the crop..

[@noconsentgiven]

Maybe I missed something🤔: if it costs $30-$40 to make an iphone in America and each unit retails @ $800-$1300 how are they not making money with over a 500% roi🤯?? Not only that logistically it makes sense to manufacture products closer to base demographic. So any initial increase in costs can be offset long term through the distribution and supply side. Just my thoughts. The straightest line is faster and more economically efficient.

[@CelebFactsQuotes]

The only way the jobs will come back is if they employ prisoners which is what they plan to do...Private prisons already lease out prisoners to private corporations. Slavery is legal under the 13th amendment as long as they are "criminals"...the non prisoner population isn't getting a manufacturing job

[@alexaber9786]

Most of the textile factories being built in America today are completely automated. Bringing textile back to America does not mean bringing back jobs.

[@Bill-g7d]

So is do nothing a plan? Seems like it’s been the one for the last few decades.

[@wong3150]

I doubt that textile production can be completely automated.

[@comment8767]

@@wong3150 Says China troll....

[@nanbutinanquibotiqui]

@comment8767 Stop your nonsense.

[@alexaber9786]

@@wong3150 Only a few fully automated textile factories currently exist. A company by the name of Neuenhauser has one in Germany for example. Mostly automated factories are called dark factories. Heavily automated factories are called smart factories. I believe the number of fully automated factories, dark factories, and smart factories will dramatically increase if the tariffs are implemented. Many of the jobs lost when the factories went overseas or to Mexico are not coming back.

[@jeffarchibald3837]

While I have no use for Kamala, Trump is an idiot on this one.

[@neale3871]

And a thousand other ones. Like staffing his Administration with a criminal paedophile and worm brain idiots. (Gaetz convicted of DUI)

[@gailmoore8618]

We need a Recount on this election.!

[@veritas3179]

Why, we love Trump. Hahaha, here he comes...😅

[@jamesdavis8731]

Harris is far far far superior for America. It isn't even close. By the way I am a Republican. Donald Trump does not care about America or anyone else - just himself. The United States is in for a rough time now. Trump was awful his first time, now he is going to be 10 times worse.

[@curiouscat544]

Calm down buddy..trust the process. Don't believe everything on a yt video. He is looking for views. Will say anything to grab attention.

[@FR-PL-UA-WARSZAWA]

99% right !But as a former mining specialist, I can tell you that rare earths deposits do exist in many places. A huge deposit near Oslo and another one offshore Japan. More than just rumors about Greenland's wealths.

[@annabellelee4535]

Yet it will always be more affordable purchasing from a low debt country like Russia or a reasonable debt country like China than from high debt countries like the US and Europe by a huge margin.

[@LyricsQuest]

I speculated substantial deposits existed in other places, just that the associated labor costs are likely higher than China's. So they can be sourced outside of china at "the right price".

[@TurfSurf]

I don’t see Gen Z sitting in front of a sewing machine making underwear to yoga pants, I think there will be an underwear and socks run soon like Covid did to the toilet paper.😂😂😂

[@kavky]

I don't see them either. I see automated robots doing that instead.

[@pardeeptandon]

Today China produces 3 X STEM post graduates than America does. To judge the quality of these Post Graduates you have to just visit any top STEM university in America to find that Chinese students beat their class mates hands down. This has resulted in China registering more international patents than America & Europe do combined. Thus America has lost its innovation and technological edge to China. This can be seen in EV cars. Today Chinese BYD made and sold more EV's than Tesla. Last quarter Chinese company out sold Apple in advanced mobile phones. In Green energy and Drowns China is beating the west.

[@maxhart7907]

Yes, and it's just the start. Meanwhile in America, "we want our free-dumbs and cheaper eggs". The average American has absolutely no clue.

[@edwardroh89]

yes, a lot of americans who are not in tech or science industries have no idea that asians in america are dominant even in american industries. The reason why they don't see them is all the ceos and managers are white. But many of the talent in those industries include a lot of american born or immigrant asians. The blue collar workers always look down on the asians in those industries but they have no idea. There's a reason why certain corporations, do NOT want to break from China...because they know it's the death of them.

[@amandagrant4331]

US is far ahead in the study of gender diversity.

[@adrianengteiklee9087]

@@amandagrant4331 America is far ahead in LGBT, Wokeism, Trans and pride flags

[@umka7536]

More does not mean better. Don't do red herring here.

[@junaidisalam5718]

stop the debate... ask those a merican, are they willing to work for $ 8 dollar an hour hard labour job?

[@joeweaver9913]

No one has a crystal ball. Once other nations respond to new tariffs, we will have a better idea how this will play out. The more you consider the potential repercussions, the more you understand why maintaining the status quo in global trade has been the general M.O of our elected officials

[@LyricsQuest]

All the doom-and-gloomers here definitely don't have the "crystal ball". 10% omnibus tariffs isn't going to throw the american economy under the bus.

[@montebrown4206]

You make what ever. If you don't have people to buy it . Then it means nothing.

[@DerekSpeareDSD]

I own a very tiny company that makes specialized USB electronics right in the Us. The microchips used on these devices are not made in the US nor are there american made alternatives. These chips now have tariffs which only increases the cost. Who pays this tariff? Me, I do. Tariffs are a tax on americans. If this nation actually didn't want a product coming into it, it would just deny it at the border. While they say tariffs are "protecting" domestic industries, tariffs are nothing more than a way for the government to take more money from the domestic economy...and this time braindead muricans are cheering for it.

[@ElSantoLuchador]

I'm laughing too. It's absurd. On the plus side, Trump's bro Elon Musk thinks it's stupid too and is not afraid to say so. Hopefully this bromance has a clear line of communication.

[@SteffiReitsch]

It won't last long. Gump can't stand any criticism or questioning of his decisions, he only wants to be surrounded by sycophants , flunkies and bootlickers. He's going to give Musk the boot.

[@FBall-im8ui]

smart fellow here, I learn a lot from your channel ,thank you, I am Canadian and may not be subject to rules of the US against Temu and Shein, But I am so pissed off with that corrupt Amazon

[@ColoGamerpro]

I hope we all know that it doesn't matter who is in the 'top job' because this is a systemic problem -- greed. We have allowed many of our economic sectors, to take advantage of the American people. It's disgusting and frightening for the future of our country. My wife and I will be retiring in the next two years n another country. We are absolutely worried that SSI will no longer be funded. we'll have to rely on pension, a 403 (b) and a very prolific Investment account with my Stephanie Janis Stiefel my FA. Our national debt is bloating and expanding every month. Our government needs to get spending under control and cut the federal budget.

[@SehunEscobar]

What country you moving too?!'m headed to Thailand or the Philippines in 4 years.

[@FradAnner]

I know this FA, Stephanie Janis Stiefel but only by her reputation at Neuberger Berman ; even though she's now involved in managing portfolios and providing investmnt guidance to clients. I have been trying to get in contact since l watched her interview on WSJ last month.

[@ColoGamerpro]

@@FradAnner Well her name is 'STEPHANIE JANIS STIEFEL'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

[@ColoGamerpro]

@@SehunEscobarI have a sister in Sri Lanka, should be easy for me to settle in

[@JessieeAlmar]

It absolutely does matter who occupies the top job. As the video correctly acknowledged TRUMP cut a 2-year production deal with Saudi Arabia that caused oil prices to rise substantially. This is not a R vs D issue it's a trump issue. Biden was able to purchase large quantities of oil at a reduced price once trumps disaster deal was term ended. You are correct however, when you suggest that in the normal course of activities and absent undue influence, the person in the 'top job' doesn't generally make a difference. It was merely one self-centered, egotistical, buffoon acting on his own self interests that caused an unexpected disruption to normality.

[@walterwu164]

The strategy is to dilute China's economic and political power more than to revive US factories. It might not be to revive the US factories back to the US per se, but it may create a new US economy to support US factories moving out of China to other more democratic countries that the US can exert influence.

[@yttean98]

Making the US become a powerhouse in manufacturing, I am afraid you have missed the boat. Having said that the US can rejuvenate its manufacturing firstly, to increase the working force ie making more Americans employed in this industry and 2nd, make US less dependent on overseas fluctuations/sanctions/cohesion/etc. In essence specialise in certain sectors of manufacturing which Americans are good at, e.g. making defend equipment, etc. You can just about write a book on this subject. There are MANY American experts in this area.

[@neale3871]

Americans are very picky customers, I can't see them accepting US made domestic goods with such shoddy finish. There's no way they'd meet Asia QC standards. Look at the workforce. Btw high value items are mostly possible as it's for the Defence Department who get gouged. And most volitility is created by the US.

[@Cesar_804]

GM/Ford….

[@nickodom3653]

@@neale3871I disagree. Your statement is a major generalization. I can think of a number of American companies that do well manufacturing and selling their products domestically. I can also think of a lot of quality issues coming from Chinese made products

[@tonywatt3281]

@@nickodom3653 You better not buy iphone then......you pay for what you get!

[@nickodom3653]

@@tonywatt3281 not sure how this contributes to the conversation of shoddy US made goods, but good add….

[@CThomas-wg4gc]

Reviving outdated doctrine can never yield growth in the proper direction of prosperity for ALL. But prosperity for the deceivers. Thank you for your contributions.

[@maxhart7907]

Intel investing $120B in US chip manufacturing is good for the US. Guess how that came about? Biden's CHIPS and Science Act. Meanwhile, Trump says let's just slap 60% tariffs on imports... lol.

[@mowbreydacosta237]

Not only can it, it will. There are so many small USA businesses making the things of high demand. Also, India has been moving ahead in Tech and so will the USA.

[@ianthesiow3013]

The USA America calls it "Liberation" instead of "Invasion". That was what US call it in Iraq, Afghanistan, Libya, Syria, Yemen, Somalia and the list goes on... Why the double standard? Confused... Please enlighten. Genuine question... Instances of the United States "liberated" or overthrowing, or attempting to overthrow, a foreign government since the Second World War. (* indicates successful ouster of a government) China 1949 to early 1960s Albania 1949-53 East Germany 1950s Iran 1953 * Guatemala 1954 * Costa Rica mid-1950s Syria 1956-7 Egypt 1957 Indonesia 1957-8 British Guiana 1953-64 * Iraq 1963 * North Vietnam 1945-73 Cambodia 1955-70 * Laos 1958 *, 1959 *, 1960 * Ecuador 1960-63 * Congo 1960 * France 1965 Brazil 1962-64 * Dominican Republic 1963 * Cuba 1959 to present Bolivia 1964 * Indonesia 1965 * Ghana 1966 * Chile 1964-73 * Greece 1967 * Costa Rica 1970-71 Bolivia 1971 * Australia 1973-75 * Angola 1975, 1980s Zaire 1975 Portugal 1974-76 * Jamaica 1976-80 * Seychelles 1979-81 Chad 1981-82 * Grenada 1983 * South Yemen 1982-84 Suriname 1982-84 Fiji 1987 * Libya 1980s Nicaragua 1981-90 * Panama 1989 * Bulgaria 1990 * Albania 1991 * Iraq 1991 Afghanistan 1980s * Somalia 1993 Yugoslavia 1999-2000 * Ecuador 2000 * Afghanistan 2001 * Venezuela 2002 * Iraq 2003 * Haiti 2004 * Somalia 2007 to present Honduras 2009 * Libya 2011 * Syria 2012 Ukraine 2014 * 2014 - 2022 - 6 countries yet to verify. Pakistan 2022 * Haiti 2022 *

[@wong3150]

Thanks for highlighting the world’s biggest bully.

[@Toaster-v1z]

Fake list.

[@nanbutinanquibotiqui]

@@Toaster-v1z You know nothing.

[@tamasfeher2772]

The global supply chain is changing fast and yes, production can be relocated. It will be relocated! Faster than you think.

[@LyricsQuest]

Competing industries are already located in all these other countries in the vast majority of the industries. They are more than willing to take business from China when they get their 60% tariff, and will likely ramp up quickly to meet the newfound demand. The transition would be really fast.

[@goliathdelaru8560]

US will be able to revive some simple industries in US with a much higher cost to Americans. For high tech products that require high skill workers and sophisticated materials, no way!

[@wong3150]

So true.

[@davecech4741]

I directly experienced the impact of Trump's tariffs during his presidency. What unfolded isn't what you might have expected. In this particular case, certain classes of electronic goods being built and exported from China into the USA were hit with a 25% tariff. In the area I work on, the devices being built were Wi-Fi networking devices. Business access points, home routers & mesh systems, etc.. Most of the companies (let's call them ODMs - Original Design Manufacturers) building these devices actually had their headquarters in Taiwan, but their factories were mostly in China, with some manufacturing in Taiwan in addition to that. Keep in mind that these companies are typically being contracted to build the Wi-Fi systems, but are only partially designing them, or simply manufacturing them. The companies that I work with (call them OEMs - Original Equipment Manufacturers) that define the products, develop the software they run on as well as design the hardware either on their own (or co-develop with the ODM) are based in the USA. Think of it this way, the OEM is based in the USA, and contracts the ODM to build it for them, using their factories. To be clear, the USA based OEMs do not have their own manufacturing capacity, as it is not as profitable to do so, so they hire the ODM to build the Wi-Fi systems for them. With the tariffs looming, the USA based OEMs went into scramble mode, knowing that having to raise their pricing by 25% (actually it would have been more because they need to maintain their profit margin on top of the higher cost of goods) would be disastrous for their product demand. So the pressure went on to the ODM companies to move their factories out of China and into other cost competitive countries. Since hosting their factories in the USA would result in a cost increase of more than the 25% tariff, the ODMs went to other countries in Asia, namely Malaysia, Thailand, and Vietnam, and to a lesser extent, increased their manufacturing footprint in Taiwan. This was a massive effort for the ODMs, as they had to build new buildings to house their equipment, ship it all over from China to the new facilities, hire new staff, train them (often by Chinese employees) and reroute their supply chain into the new country. Not counting the fixed cost of moving their operations, their operating cost in the new countries was probably 8-10% higher than it was in China. This certainly had an impact in China, as factories that employed 1000's of people went dormant and nearly everyone that was previously employed lost their job. Did any of these jobs go to the USA? Well, with one well publicized exception that I won't go into to avoid commenting specifically on publicly held companies (you can use Copilot or ChatGPT to find out which company did add a factory in the USA) NO...these jobs / factories did not go to the USA, as many were lead to believe. I guess the punch line here is that tariffs result in complex and unpredictable results, with long term implications. In this scenario, even if the tariffs were rolled back, I don't think these factories are ever going back to China at this point. Also, if the tariffs resulted in price increases, they were marginal. Different industries will certainly have different outcomes than this, and the current 100% tariff on Chinese built cars (increased to this level fairly recently by the Biden administration) will almost certainly stifle any competition from those companies that were previously planning to build their brand and sell in the USA.

[@vikingfans8707]

Relaying on China for everything is NOT an option. And it is not impossible to change this, but it will take at least a decade.

[@Bill-g7d]

True. There was a time when just about everything was made in the U.S.A. We don’t have to reinvent the economic wheel al we have to do is remember how it turned.

[@patrickkarlsson183]

​@@Bill-g7dand be willing to work as hard and for the same money as in china.

[@Bill-g7d]

@@patrickkarlsson183 That only happens to people who don’t live in a free country.

[@yuugenr7549]

​@@Bill-g7dUSA policy is like a heartbeat with presidential elections every 4 years. China doesn't have that weakness.

[@wong3150]

@@patrickkarlsson183lmpossible.

[@johnwright9372]

The fundamental problem is that for decades governments in democracies have defunded public institutions like education, training, R&D in science and technology and associated vital infrastructure. Affordable housing, healthcare, transport and communications are also vital. We have fallen behind by abdicating responsibity for these matters by placing blind trust in "the markets" which are financialsed and highly fickle. That doesn't do it. Corporations only owe a duty to shareholders and share values are God. The solutions have to involve government intervention, carefully thought out, planned and implemented. The future does not look hopeful.

[@Nsibidiimohtep-pf9gh]

There was times that tariffs worked .and that was in the 18 th centuries but not in the 21st century bcos there are BRICs and also all kinds innovation.China needs to work aggressively with the 88% of the global south and the biggest of them all is aUNITED Republic Of Africa And Alkebuland ( URAA).

[@KC-cx6nn]

Nothing can stop prices from rising in the USA…..profit is America’s passion ❤❤🇺🇸🇺🇸

[@eortega568]

Those company’s will lose 1/3 of the market can’t afford that massive increase on final price .

[@RetrieverTrainingAlone]

Tariffs could increase inflation in the U. S. Most goods purchased from Amazon, Walmart, Home Depot, Lowes, etc. are imports that would likely increase in price as the cost of substantial tariffs would be passed on to the consumer. And as import prices rise, to maximize profit US companies would also likely increase their prices. That is what happened with tariffs on imported washing machines .

[@shawndrayson1046]

Republicans should listen to this but they are not willing to hear the truth 😢😢😢

[@SteffiReitsch]

Most of them are in a bubble and don't venture out of FOX "news."

[@davidwong5197]

REpublicans are supposed to be free trader. Guess not

[@kavky]

@@SteffiReitsch Buddy, this channel is itself a bubble and your comment is proof you live in a bubble as well. Who the hell watches Fox News below the age of 70?

[@longboarderanonymous5718]

Let see what happens to the 2025 Farm Bill. This will affect the bottom line for everyone from farmers to consumers. The problem is US consumers are dependent imported vegetables and fruits in addition to other goods. Let that sink in...

[@zenastronomy]

3:49 the only way the wage gap will narrow is if china develops and becomes equal to usa. which usa doesn't want to happen

[@gregmchale5011]

wage gp will narrow if the wealthy in US start to pay taxes, trump pays more taxes to CHina than to the USA!

[@1bhaihay]

The long & short is why does the US have to resort to tariffs if they can compete equally & successfully.

[@JStarfire01]

The US should wait before they decided to put more Tariffs in place because we need to build up our economy over here with the things we import from other countries. Putting more tariffs in place is going to just cause business to increase their prices and increase job layoffs because those companies will cut their budget and it always starts with job layoffs. We also Borrow Billions of dollars from China that we have yet to pay down, so those tariffs aren't going to work in our countries favor, well it might save us a little but not enough to put a dent in the amount we owe CHINA.

[@kcchong5661]

The keyword for using tariffs is protecting INFANT industries, until the said industries can stand on their feet and compet with others. Tariffs are never a tool to attack or punish.

[@montebrown4206]

He talking like only Americans are in debt. And only America companies are hurting. He's lying. Americans work more hours than any country

[@zhangguai]

喔~

[@iand654456]

You are forgetting that if America decides to build electronic plants here there will be a lot of automation which would cut labor. Also the majority of semiconductors are made in Taiwan not China.

[@ksobo3112]

America is the worst at manufacturing in the world, and i am a machinist. Every time we have a bad batch of parts, not to spec, we say o well, if they need them they will take them, and or, they will never know there parts are bad. This is the american way. Lie, cheat, and steal. I will never buy anything that says "Made In The USA" that is something i need to rely on. China has the best metals (Which we buy) and the best policies regarding quality. Poor Products are related to the US company sending China a blueprint with a highlight on it for cutting costs on material and production standards to get a cost effective product. America sucks at everything except misinformation, which we rule at.

[@donaldcassel33]

Yup

[@Kenosha01]

Intel is in a lot of financial trouble because of internal politics that has led to uncompetitive products. They may already be selling these fabs to Qualcomm, Samsung or TSMC. Or potentially being bought and merging with them. I think you're right that in the short term this will drastically slow down or crash the US economy. This will take a decade or two to recover as long as the US is investing correctly.

[@smurfweed8513]

A crash won't happen. It just so happens we'll just have another trillion dollar bail out, putting a bigger strain on the US system.

[@jerrylewis6383]

China's products cheap is because of dirty low labor costs, only 10% of Americans, Their raw materials and energy costs are almost same around of the world, but it is based on sacrifice of environment.

[@thisfool89]

What will be left to come back to after the crash? 75% of Americans can't even afford a $500 emergency, how the heck is America supposed to survive 10+ years of financial ruin? It would be much better to figure out a way forward without causing a trade war and blowing up the economy in order to try to rebuild it.

[@raybutrang7249]

We need to diversify who we have manufacturing our goods. Don’t rely too much on china

[@kckoay6211]

Down to the core, it is by strategic choice that U.S. had elected to take full advantage of the most powerful resources in its possession - the strength of the dollar. In fact, U.S. is enjoying a massive advantage over the rest of the world, which is largely made possible because the world at large (and China included) still honour the dollar as the principal reserve currency. That is true even after the collapse of Bretton Woods and the de-pegging of the dollar from gold. The certitude of dollar as the world’s reserve currency allows the U.S. to print unlimited amount of money, via the issuance of debts to augment the exploit and hegemony of capital, as well as to finance its insatiable appetite for consumptions. Premised on that, the U.S. thought that it could build a whole new economy around consumptions by leveraging on the strength of the dollar. This strategic shift had led to the so-called “post industrial economy”. Why not? When effectively to the U.S., the cost of capital and labour of other producing countries (notably China) is no more than the cost of printing the greenbacks. It looks like the flip-side of that strategic decision - moving from an industrial economy to an economy that is primarily built around consumptions - is coming home to roost. China, on the other hand, is making the right decision not to follow in the footsteps of the U.S.

[@hockkeetan7161]

yea right, please check who were those investors that bought all the trillions of American bonds over the last few years...

[@delilahmurray9589]

Both strategies have trade-offs. The U.S.’s dollar hegemony and focus on consumption have sustained its global leadership but created industrial vulnerabilities. Meanwhile, China’s industrial strength and strategic planning drive growth but expose it to external shocks and internal debt risks. Neither model is foolproof, but the U.S. has not "failed," and China’s success is not guaranteed.

[@kckoay6211]

@@delilahmurray9589 Yes. Thanks to the hegemony of the dollar as the de facto reserve currency, the U.S. is able to continue to print money. But there is a catch when money is printed to finance Washington’s profligacy in its never ending war games, apart from financing the Americans’ insatiable appetite for consumption. The fanfare however can only last for as long as Washington is able to sustain the dollar Ponzi scheme. But unfortunately, Washington continues to shoot itself in the foot by its belligerent hostilities (towards the rest of the world) that would erode global confidence in the dollar. The U.S. economy is a giant balloon only to be deflated.

[@LyricsQuest]

You're vastly under-appreciating the significance of America's exports. While being the reserve currency has its advantages, america's key advantages lies in its super productive industries and being a key exporter of all kinds of critical (oil, food, natural gas) and high margin industries (Tech, Software, Music, Movies, etc)

[@cc-qk8qh]

China has 1.4 billion inhabitants and has to feed a fifth of the world's population - with less than ten percent of the world's available agricultural land. This is becoming increasingly difficult. In addition to increasing natural disasters, water and soil pollution, soil erosion and desertification are also threatening yields. Water is becoming scarcer. And there are mass forced resettlements.

[@Ace1000ks19751982]

If you need stuff, like shoes, clothes, electronics, parts for machines, circuit boards, parts for furniture, etc you better stock up on it before next year. After the next administration takes control, you will pay a lot for any imports. If you have enough for the next 4 years, you will be saving money. If you have a surplus, you can sell it at a much higher price.

[@bicqtran]

The stock market crash will hit Trump in the face.

[@kimphinnessee911]

Companies are already preparing.

[@twelvestitches984]

I own a Buick SUV. I buy gas at a station in the US that sells US produced/refined oil. I buy food at an American fast food company or I buy food at an American supermarket that sells food produced in the US (I don't drink coffee). I watch US produced entertainment. I use US based websites. I have my money invested in US financial institutions. My cell phone is an LG, which is Korean but I think made in China. It's not like all cell phones are going to stop working the day that China stops making them for us, and we can just build a plant in Mexico if we want to. Trump was elected in 2016 and he imposed tariffs. Inflation remained low every year Trump was in office. And Biden kept the Trump tariffs on China and recently increased them. You can't see the US adopting a 996 schedule? We don't have to. Our economy is #1, not China's, and even if China does become the #1 economy that doesn't mean that the US ceases to exist.

[@prettycat6056]

You have nothing to worry about 😂😂

[@jonathonpotts5666]

sometimes i get pro american, anti China video's. sometimes i get pro china anti America video's. I'm going to read a book instead.

[@ElSantoLuchador]

A book on Chinese/American relations?

[@jonathonpotts5666]

@ElSantoLuchador no I turned to sci fi , sand by hugh howdy.

[@LoveyK]

“I went to the Wharton School of (Business), and many top professors there think my plan is brilliant. It’s a great plan.” ~ DJT

[@yatarookayama8329]

And the China's economy going kaput and and who's laughing now 🤣🤣

[@anmvcinco]

ahahahaha

[@kn9ioutom]

TODAY WE HAVE A GLBOL ECONOMY !!!

[@phoenixrising5338]

Wow. Interesting how negative a group of Americans is on the ability of Americans to do . . . . pretty much anything, it sounds like. How do you all manage to get out of bed in the morning? And why are you so determined to decide we're doomed?

[@LyricsQuest]

Yeah, it's laughable. People going to be crying a river because that $30 item at walmart is now $33, and is no longer from China, instead from some other 3rd world. Boohoo

[@sirfrozsomji3984]

0:04- France and Britain and other nascent nations in Europe did the same; restrict imports to raw materials and aggressively push to export. Only when they grew stronger did they push strongly for free trade, like Britain

[@Summertm]

Questions: If manufacturing is moved to America, can it be produced "faster"/per hour than in China, given higher wages in the USA? Or it will just rack the prices of products? It seems post pandemic work-ethic has declined, and people are increasingly becoming digital-nomads and finding other non-traditional ways of earning income..

[@neale3871]

Americans are very picky customers, I can't see them accepting US made domestic goods with such shoddy finish. There's no way they'd meet Asia QC standards. Look at the workforce.

[@xiangqiu2788]

manufacturing these days in China are highly automated, they installed most of the industrial robotics in the world last year, more than several other countries, combined. They have a labor shortage over there, and judging by their birthrate, it's getting much much worse. So short answer, no, unless your robots are working much faster than theirs and your supply chain is more efficient.

[@amandagrant4331]

The United States needs more Indian immigrants, which can significantly reduce the labor cost of manufacturing.

[@larryames8831]

Trump stupid, repeat, Trump stupid, repeat,

[@comment8767]

You lost :-))

[@larryames8831]

@comment8767 I see it as we lost. So many folks can not tell just when the condom fell off.

[@scottwilliams1623]

I am an expert on this area, and have been a trade advisor for the Federal Government in Australia. There are a lot of incorrect statements and flaws in this video. On the case of the iPhone for example. The benefit to Apple is to stop having all of their IP stolen, but even if their production simply moves out of China to elsewhere they would still benefit greatly because the biggest issue now is they use 100% outsourced manufacturing so they are passing a large $margin to Foxcon the largest Taiwanese company, for them to produce Apple products in China. While production remains in China, they are not able to own that supply chain. As Foxcon have already started to exit China for a lot of the Apple production the smart move would be for Apple to buy Foxcon as they are their largest customer. Rare Earth Minerals are not rare at all, the only issue is that China were willing to be the primary processor of Rare Earth Minerals as it has been a very dirty and polluting process. This will change, the west is where almost all innovation originates and it will be where the next technology to clean up the processing of Rare Earth Minerals comes from, at that time, China will lose their position and they will be removed from the supply chain with the exception of processing for their own needs. The USA does not want to and does not need to manufacture goods that are not practical for their own position in the supply chain of the globe. However by moving away from China to for example Indonesia, the US companies can fully own the factory. China does not allow most businesses from the outside world to fully own their supply chain in China and even where they do own their factory like Tesla, the cost is they lose all of their IP as China takes everyone's technology. The game from the Trump team is not to make everything in the USA, it is to own their supply chains and to remove all essential supply chains away from China, especially technology, as the benefits of being the world's innovation leader is lost when you pass your IP to a competitor who is actively undermining you.

[@PASCALDAB]

With Trump's re-election creating market volatility, I'm ready to invest my $150K in savings. What's the best investment strategy to leverage this opportunity and grow my wealth?

[@viviancarolgioao]

Consider dividend stocks with a history of steady, increasing payouts, even during recessions. For example, JNJ and PG have consistently raised dividends. Alternatively, consult a certified market strategist to develop a personalized plan.

[@SeanTalkoff]

I used to think relying on an investment advisor wasn’t the best approach, but my perspective changed during the 2008 financial crisis. I was having sleepless nights before I finally decided to consult with an advisor. With their guidance, I was able to grow my initial $320k investment to nearly $2.5 million by 2011, and I also bought my first investment property along the way.

[@DonaldStokes-p]

This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? I'm in dire need of proper portfolio allocation

[@SeanTalkoff]

Sharon Ann Meny, is the licensed advisor I use and i'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.

[@DonaldStokes-p]

Thank you for the lead. I searched her site up and filled the form. I hope she gets back to me soon.

[@wnose]

I don't think China will be laughing when demand from the US falls by 50% or more, and now their factories aren't so busy.

[@Issac-eg5ek]

They export to every other part of the world as well. They export 3.1 trillon dollars worth to other countries besides the us!! China isn't Canada, unlike Canada the us market doesn't account for 80%+ of their exports

[@chiapets2594]

They aren't laughing at all their economy is in shambles as well

[@TheFourFats]

it’s really not though, if you’ve been there and asked around

[@oneoflokis]

The US used to make all sorts of electronic instruments... Tandy, Texas Instruments.. 🙂

[@thisfool89]

Lol those are like LEGOs compared to electronics now. Also even then those companies were dependent on foreign materials

[@oneoflokis]

@thisfool89 LEGO is a pretty good brand. 🙂

[@thisfool89]

@oneoflokis yup made in denmark

[@PVLTD]

You may have bunch of reasons and able to convince US companies to move their production plants back to the US. But, you won’t be able to convince that US company’s whole supply chains to move their production plants to US. Hence, every component and part that US company sources from overseas is subjected to import tariffs too. If you still think tariffs will not affect you when you buy American made products, think again.

[@waynethorpe1341]

Need to focus on the Deficit if you want to retain Reserve Currency.

[@ElSantoLuchador]

I'm sure another round of tax cuts for the rich combined with an increase in spending will fix it. At least that was Trump's economic plan the last time America was great.

[@fairybeliever4479]

I understand what they try to achieve with the tariffs. Let’s say that the manufacturing already exists. What would stop the American brand from also raising their price on the product. Produce the same, but get a higher profit from each unit sold.

[@chillxxx241]

China is doing allot of things, but laughing is not one of them.

[@kaonohi09]

China maybe sad in losing all these industries, but Mexico ,Vietnam, South Korea and others are so happy to receive them. Yes, a businessman wouldn’t move his business back to USA, but to another foreign country where the labor affordable.

[@stuartist]

China definitely seems nervous. I take surveys to earn extra money, and lately I have been getting tons of surveys from Alibaba and similar companies asking if the possibility of tariffs will reduce my purchasing from them.

[@cheetahman859]

China is not nervous at all, for decades now it has been setting itself up in multiple countries in Africa shutting out the U.S.

[@roamiblu1833]

And how does that make China nervous? All they will do is raise the prices for us to purchase from them.

[@stuartist]

@@roamiblu1833 You don't follow how purchasing less from China would upset Chinese companies?

[@cosmashono7665]

@@stuartist And tell me, where is the alternative? You sound like you have a choice.

[@stuartist]

@@cosmashono7665Domestic. My industry is already transitioning to more domestic manufacturers.