IMF Slams Biden's Tariffs on Chinese Imports

IMF Slams Biden's Tariffs on Chinese Imports | Vantage with Palki Sharma

Рет қаралды 202,006

22 күн бұрын

IMF Slams Biden's Tariffs on Chinese Imports | Vantage with Palki Sharma
A spokesperson for the International Monetary Fund criticised the tariffs announced by US president Joe Biden on imports from China. The IMF has said that trade restrictions will "fragment" the global economy, and that the US will be better served by maintaining open trade policies. The critical comments came days after Biden announced tariffs ranging from 100% for Chinese EVs to 50% for Chinese solar panels. In India, some exporters worry that cheap Chinese goods may flood the Indian market and affect the local industry. Even in January, Indian steel makers had lobbied the Indian government to hike tariffs on steel amid a rise in cheap Chinese imports. Palki Sharma tells you how Biden's tariffs will affect the global economy.
---
International Monetary Fund | Chinese Imports | Tariffs | US | Joe Biden | Firstpost | World News | News Live | Vantage | Palki Sharma | News
#internationalmonetaryfund #chineseimports #tariffs #us #joebiden #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories - making Vantage a destination for thought-provoking ideas.
Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.

Subscribe to Firstpost channel and press the bell icon to get notified when we go live.
/ @firstpost
Follow Firstpost on Instagram:
/ firstpost
Follow Firstpost on Facebook:
/ firstpostin
Follow Firstpost on Twitter:
/ firstpost
Follow Firstpost on WhatsApp:
www.whatsapp.com/channel/0029...

Пікірлер: 1 100

@WayneT00 20 күн бұрын

US hypocrisy is mind boggling

@GordonJones-hm3kr 19 күн бұрын

I see IMF doesn't comment on Chinese limitations to businesses setting up in China to compete in China, the the businesses China bans from operating in China

@user-rs2jv1pe7t 19 күн бұрын

Chinese subsidies have destroyed our industrial base over the last thirty years. Easy to bash the US…but try looking from our perspective. We’d like to maintain some of our industries. Automotive, mining/steel, computer chips etc. There is great risk with being completely idealistic. Balance is easier…in a peaceful world…I agree. Perhaps the successors to Putin, Xe, Biden…will walk a different path. We can only hope.

@raevj 19 күн бұрын

China blocks tons of US companies in many ways & requirements…screw the CCP.

@arunkottolli 18 күн бұрын

Chinese deception and hypocrisy is way bigger than US!

@michihofer587 18 күн бұрын

Well said dear 😘 👏

@soyuz281 20 күн бұрын

Who knew that communists will be liberal on trade and capitalists will be resorting to protectionism.

@Facts..Checker 20 күн бұрын

Totally agreed. Likewise when comparing between India and China.....In term of development level, technological advancement, people living standard, freedom of education and movement and overall country status. Talking about India capability to absorb or replace US's demand is pure brag or about India no. One again. Dun India has a sensible journalism by reporting news with more in-depth than unfounded threat of low cost Chinese high-tech products. Palki is truly a nonsense journalist beloved in India. But firstly you need to stick your head in a hole to see the world and to believe whatever she has reported.😂🤣😂🤣😂🤣😂

@kb9880 20 күн бұрын

China is communist only in name.

@laudsrealm188 20 күн бұрын

So China HEAVILY subsidizing it's entire market to gain all the market share possible while keeping its own economy mostly locked off to outsiders for DECADES is called what exactly? Couldn't be protectionism right?

@jimliu2560 20 күн бұрын

Compared to USA, the “average” Chinese person is much poorer….

@aesma2522 20 күн бұрын

China and India practice protectionism liberally too.

@HewbhurtGabon 16 күн бұрын

Last year, I visited mainland China. Despite having magnificent infrastructure, affordable clean transportation, and safe, comfortable living, I found the Chinese people I met humble and not inclined to brag about their country. I keep saying that the cities in China are already first-world, but it seems that’s not what they think. They said they are happy with the government, and life is much better compared to the last three decades, but they still consider the country not rich.

@stevenpreston5619 15 күн бұрын

Modi, we are the leader of the global south, we are a superpower, we are number one, we have reach space with our rockets🤔🤣🤣🤣

@poopsiedoo5049 15 күн бұрын

Not rich like billionaires, you mean. lol

@slimjim394 14 күн бұрын

Too many people sharing the pie.

@victorray9369 12 күн бұрын

@@stevenpreston5619exactly

@gowthamanjaiganesh3210 20 күн бұрын

America fought communist Russia only to become its gay version 🤣🤣🤣

@monipenny408 19 күн бұрын

Trans version!!

@crhu319 18 күн бұрын

Ghey-sheviks😅😅

@disgustedHoipoloi 17 күн бұрын

That's hilariously tragically sadly true

@johnnyBrwn 15 күн бұрын

This is actual my funny as hell

@Swane44 14 күн бұрын

Comment of the week.

@ALWH1314 21 күн бұрын

Not sure most American understand tariff is a tax on American, not Chinese.

@cinpeace353 21 күн бұрын

They don't need to understand. As long as their media say it is good, they will believe.

@mwase7782 20 күн бұрын

if the tariffs make the products uncompetitive, Americans won't buy it which means the tariffs won't be paid at all. I think that's the idea here

@WorldIsWierd 20 күн бұрын

then why does it matter, why is everyone panicking

@jeremiahsunday742 20 күн бұрын

You are ignorant @@cinpeace353

@cinpeace353 20 күн бұрын

@@WorldIsWierd If you are selling something, a third party is charging your customers a sales tax that you don't have part of it. Do you like it? Even though only your customers paying it?

@tengvang4927 20 күн бұрын

Here we go again!! Government billing out the auto industry. Or in this case stopping competition from entering the U.S market…

@mrcmid9132 19 күн бұрын

That's a good point. American citizens will pay the tariffs again.

@davidlim5 18 күн бұрын

Tq Biden, you are no better than Trump. Sanctions means Americans had to pay more & poorer too.

@Theactualclips 19 күн бұрын

It’s not only them. Even the EU gives like 1 billion euro worth of subsidy for EVs, in addition to other things.

@daily_vibes77 20 күн бұрын

Somebody tell her that there are no illegal subsidy.. Every country provide subsidy only the scale are different

@irose4066 20 күн бұрын

Then...you accepted the point of USA... over subsidy is main issue here to capture EV market of the world....

@expose8434 20 күн бұрын

She did clarify this point, watch it properly

@user-ot2nh8qb7d 19 күн бұрын

@@expose8434Then she needs to use better and more balanced language. Not one that is riddled with biases because this Indian “news” channel has an axe to grind with China. It’s in their presentation, tone, and deliverance that makes it’s so obvious. And of course the cherry picking of data as well.

@expose8434 19 күн бұрын

@@user-ot2nh8qb7dI agree Every News agency have their bias, agenda and propaganda. This one sure does. But your question was addressed by the news reader, that's all I'm saying.

@JayKumar-mr2oh 19 күн бұрын

@@user-ot2nh8qb7d wtf do you mean by cherry picking Chinese bot? You expect the Indian news channel to be soft and more balanced language with China which killed the Indian soldiers in galwan valley? Do you have an independent media at least? Can you not use VPN and can see KZfaq vids? Bastard.

@danysainz-gootenberg7809 18 күн бұрын

Does the 34 billion to bailout the automakers in 2008 count as a subsidies??!! The hypocrisy is crazy.

@RaviKiran-lx2kw 20 күн бұрын

This could one day happen to India too.. We should support China on this

@ardinhajihil5011 19 күн бұрын

it will soon if india gets bigger usa will automatically count india as "threat"

@iamsheep 19 күн бұрын

Exactly. When India rises, it will be next.

@residentialstudio 19 күн бұрын

Exactly, India should make their strategy to counter them in future. Also need to stabilize relationship with china

@pbworld7858 19 күн бұрын

Exactly. Indians shouldn't be grinning. If India were actually the 2nd economy instead of China, it would have been the victim of American threats. It happened to 'friend' Japan in the 1980s, with the Plaza Accord. I can tell you, the Chinese wouldn't be laughing at India's misery because they can empathize with former colonized countries.

@samanthajones4877 19 күн бұрын

India should make peace with China so both countries can be stronger economically with friendly neighbors.

@alfredhu7366 20 күн бұрын

Subsidies? Simple logic. Compare the cost of living in China and that of US is a world apart. Things are far more cheaper in China, so things produced will also be cheaper. The Chinese government need not subsidize it. It's the economy of scale. Automatically it's gonna be cheap.

@urdailygamr9229 19 күн бұрын

Because there are far more people in china and more importantly more people to do work for a very cheap price.Like what a garbage man in the US makes is just slightly less than what a junior engineer makes in asia

@shivammalikO1 19 күн бұрын

just bcz they managed to cut their cost of living price, they will have to pay otherwise ? 😂😂 not a common sense nomics

@Onchebonche 18 күн бұрын

In the state my family lives in there is almost nothing made in US. We need imports.

@elksalmon84 18 күн бұрын

US subsidizing everything around as well.

@deebil8099 14 күн бұрын

No you fool, China needs to import all of the materials to build these cars. China has to use USD to pay for those materials because nobody would take their garbage tofu worthless Yuan. China saves some money using their slave labor and paying manufacturing workers less than $1/hour, but their productivity is extremely low so it's a wash. The only way they can compete with U.S. and western companies is by heavily subsidizing the manufacturing. American companies are far more efficient than their Chinese rivals. Just take Tesla for example. They actually pay their workers far more than BYD and give them benefits that BYD workers can only dream of. Tesla still makes a massive profit on each of their cars sold while BYD loses money on each car without the subsidies from Beijing. Not to long ago they had a price war and Tesla lowered there prices twice and BYD to get the CCP to force Tesla to stop because they couldn't compete with them. Tesla made like 25% profit per car while BYD lost money without the subsidies. And BYD is China's flagship EV company. You can clearly see how Tesla is far superior to BYD in terms of running the company.

@Andrian-ch3on 19 күн бұрын

Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

@JacksonMiley-iq7mo 19 күн бұрын

With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the Dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.

@BarbaraRichstone 19 күн бұрын

With my demanding job, I lack time for investment analysis. For seven years, a fiduciary has managed my portfolio, adapting to market conditions, enabling successful navigation and informed decisions. Consider a similar approach.

@JacksonMiley-iq7mo 19 күн бұрын

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.

@BarbaraRichstone 19 күн бұрын

Kristin Amy Rose is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

@JacksonMiley-iq7mo 19 күн бұрын

I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

@joegoh1968 20 күн бұрын

This is called US' International Rules based order.

@jk21nola91 19 күн бұрын

😢😢😢

@xvbd6067 19 күн бұрын

The US makes the rules and orders everyone around

@deebil8099 14 күн бұрын

The U.S. runs the world and makes the rules, so they can break them. China needs to stop causing all of the world's problems and do exactly what the U.S. tells them or they will be sanctioned out of existence!😂🤣

@deebil8099 14 күн бұрын

The U.S. runs the world so they make the rules. That means they can change the rules as they see fit. Now China needs to stop causing all of the world's problems and do exactly what the U.S. tells them of be sanctioned out of existence! 😂🤣

@johnconnors3962 20 күн бұрын

CHINA subsidies go to their industries. USA subsidies go to Israel and Ukraine.

@SHREYASBeedkar 20 күн бұрын

The defense industrial complex is looting your country since a long time now

@weichengcn 19 күн бұрын

One would ask whose interests does US government serve.

@monipenny408 19 күн бұрын

10% goes to the Big Guy

@user-bt8cu2tu1q 21 күн бұрын

In 1980S they did the same thing to the Japanese car,and we are not surprise they are doing again to the Chinese car.In their mind if they have the advantage they want free market,if they are far behind, they will take every excuse to ban the competitors and protect their own industry.But the truth is even the tariff is 102.5%,the Chinese car is still cheaper and better than the American brand make in U.S and the U.S company still needs to import batteries from China.Only the America consumers hurt.

@hpw-ws6bj 16 күн бұрын

Problem is, china is a sovereign country with the largest consumer market by far. And of course it has nukes.

@lukeecle117 19 күн бұрын

The United States imported approximately 70,000 made-in-China Ford, Volvo, GM new vehicles in 2023 (By the way, China exported a total of 4.91 million vehicles in 2023, the United States only accounts for 1.4% of China’s auto export market share in 2023 and almost no chinese brand ). No Chinese domestic car manufacturers have taken the initiative to officially sell their cars in the US. 102.5% tax on Chinese EVs， Go ahead. That must 'hurt 'China a lot, LOL. The US is not the center of the world. 30 094 767 new cars were sold in China in 2023 ( 8.1 million of them were electric vehicles ) , meanwhile only 15 604 278 new cars were sold in the usa (1.4 million were EVs). The US is expected to subsidize Tesla with $34B between 2023 and 2030. This isn’t even including the other subsidies that Tesla is going to receive from previous policies. Meanwhile, the Chinese government has subsidized BYD between 2018 and 2022 with the whopping massive amount of $ 3.7B. So the American company got subsidized 10 times more than the Chinese company, out of the $119B in battery subsidies GM got about $21 B, the truth is the US regime is subsidizing their electric vehicles way more than China is. On November 30, 2023 GM announced record $10 billion stock buyback, more than it’s spending on UAW raises- as its electrification push stalls (Source Bloomberg). That share buyback from General Motors was just q4 of 2023, $10 B, they get $20B in subsidies and they spend $10 B giving that money back to shareholders. The money isn’t going to innovation like it should, the money seems to go these bloated bureaucratic corporations where they take the money give it to shareholders or give it to executive bonuses or management teams that don’t know how to build a car, get so complicated convoluted they just can’t do business competitively anymore. They don’t need to, instead of being forced to be competitive, being forced to actually spend the money on R&D and producing a high-quality product, they just put a 102.5% tariff on anybody that they cannot compete.

@richmike2033 19 күн бұрын

CH.I.NA DOES NOT PLAY FAIR. AT ALL.😂😂 Why talk to those idiots who keep cheating the system and make other countries look like fools? NEVER TRUST the corrupt C.C.p!!!🎉🎉

@wisdomtan490 19 күн бұрын

They just chicken out n have no ideas on how to compete anymore . They killed globalisation

@itsallminor6133 18 күн бұрын

We are decoupling from China. American investment has also been leaving China. It's that simple. Chinas support of Russia was the last straw. The automakers are leaving China. Apple has been downsizing operations in China. There is empty factories everywhere. We are leaving. The last Chinese trade show most American and European businesses boycotted it. We are leaving. Get a clue

@crhu319 18 күн бұрын

Stupidest strategy ever to make road transport for expensive and keep many incompatible obsolete small batch vehicles in production.

@deebil8099 14 күн бұрын

Nobody in the U.S. would ever consider buying a tofu garbage Chinese EV anyways. Even if they sell that garbage at half price. The problem is that China forced Europe into importing their trash EVs and we need to stop that. China's economy has been collapsing for some time now and nobody in China is buying any cars. They are trying to dump that tofu trash in Europe for anything that they can get for them since they already manufactured them... We need to hurry up with this China decoupling. This should have been done 15 years ago. China has been good at 1 thing, infiltrating wall street, the business community and even some smaller politicians. They are like a cancer that has been slowly harming the entire civilized world. They built their entire economy on stolen western tech. They steal $600 billion USD a year in IP theft from the U.S. alone... It's amazing that they were allowed to get away with this for that long..

@user-wu3uu5sb3g 20 күн бұрын

Simple words: IMF don't want crazy thing happen again to world economy

@expose8434 20 күн бұрын

IMF wants crazy things to happen always.

@user-wu3uu5sb3g 20 күн бұрын

@@expose8434 IMF reached unbearable level over crazy things happened recently.

@expose8434 19 күн бұрын

@@user-wu3uu5sb3g IMF was in US control, now China and Saudi will control and do worser

@ardinhajihil5011 19 күн бұрын

1 trillion usd per 100 days

@Argus-ut8gi 19 күн бұрын

That's because the world economy has become bad, and the IMF's loans to backward countries will not be recovered. Even if the US, as the largest shareholder of the IMF, is not worried about losses, other shareholders are obviously unwilling to accept losses.

@HelloAutoCarz 19 күн бұрын

China doesn’t sell EVs in 🇺🇸

@crhu319 18 күн бұрын

Exactly. For this reason. Why bother?

@dice138 17 күн бұрын

@@crhu319 Pure electorial move. He first announced it when he is in Michigan where Detriot is and where the car industry is. Whatever he will do in the next 6 months is going to be for the election in November.

@deebil8099 14 күн бұрын

And they never will. Nobody in the U.S, would buy that tofu garbage. They need to get rid of them in the EU. China overproduced a bunch of EVs and since China's economy has been collapsing, they aren't selling any in China. They are trying to dump this garbage in Europe at far below cost because it's better than getting nothing

@postman11 19 күн бұрын

Its not just about china ,it can happen to india too , international trade law must not be crushed for political reasons or per say dirty business tactics

@kevinl7173 19 күн бұрын

Exporters don't care as much as before because American people pay for the tariffs, the only problem is it will push up inflation

@chrisdelmonte983 21 күн бұрын

Oh i didnt know that IMF is Alive 😂 .. pwe! Dont believe chameleon .. IMF is US and West 😂😂😂

@asifriyaaz9145 18 күн бұрын

IMF is a tool of the western govt

@elizabethashcraft3703 16 күн бұрын

The commentator is always speaking against Biden. I think any country can say what it wants especially when there is necessary wars they have to support. I'm for America and the re-election of Biden Not the opinion of people in other countries.

@nnf9431 19 күн бұрын

A $20,000 EV is still one of the cheapest in the US - might be astronomical to Indians though lmao

@urdailygamr9229 19 күн бұрын

We make our own evs btw and also we have these sort of tariffs since ages.

@stevenlai1199 19 күн бұрын

@@urdailygamr9229Jai hind

@nnf9431 19 күн бұрын

Then why does India have 83/100 of the most polluted cities in Asia? 🤔

@deebil8099 14 күн бұрын

Nodody would ever buy a tofu Chinese garbage car for $20k in the U.S. We would rather buy a 5 year old used car with 50,000 miles on it. It will be far nicer than the Chinese garbage and last much longer than the new Chinese trash.

@user-jy8es9xb8g 19 күн бұрын

But there are no Chinese EV selling in the us currently so who are they taxing 😅

@pbworld7858 19 күн бұрын

Ssshhh. Don't tell the American public. They're happy listening to their own propaganda.

@dice138 17 күн бұрын

There's going to be soon, Volvo XC30 (I think that's the model). Because Volvo is still Sweden brand nominally.

@prakxyz 21 күн бұрын

I thought IMF = USA are synonymous

@thegamerv2346 21 күн бұрын

They sort of are but there times when the IMF rebels against US specifically with what palki mentioned the tax reduction on EV they left Europe out and they don’t like it .

@med2517 20 күн бұрын

if you believe on bots and trolls, it is. Like the other comment.

@residentialstudio 19 күн бұрын

US be like:- Meri billi mujhi se meow 😂😂

@pritapp788 19 күн бұрын

But they are. The IMF will make noises like these from time to time but they will never ask the US or European countries to cut back on welfare expenditure. On the other hand, their reports on developing countries are always suggesting to remove subsidies on essential food items and utilities like electricity.

@mrman3363 18 күн бұрын

@@pritapp788 They have never told anyone to remove welfare, even in poor countries. They have told some European countries like Netherlands to remove some food and agricultural subsidies not just poor countries. Keep in mind that they cannot force any country to do anything, it's just a recommendation but where they get poor countries is when they ask for loans, then they start putting conditions. But not taking the loan is also an option 😁

@lebum0566 21 күн бұрын

Damn, for the first time Palki didn't say anti-China things

@shubhampaul4664 21 күн бұрын

she never says anti-china things. she simply speaks the truth and facts. now if the truth is anti-chinese narrative and propaganda then it's not our fault.

@dearlife7771 21 күн бұрын

Because India is making business with china

@MrMingsyin 21 күн бұрын

She still got the Chinese subsidies wrong. Chinese gov't stopped subsidies on EVs 2-3 years ago. The lower car prices are the results of manufacturing efficiency (process automation) and low costs of components (due to complete local supply chains).

@danielpang9078 21 күн бұрын

Well, the US steal the thunder here.

@Greek0715 21 күн бұрын

Wrong. She commented about Chinese companies unfairly getting government subsidies. You need to listen to the video again.

@SathishHarika 21 күн бұрын

What's happening to america, once upon a time America is very powerful in IMF, but slowly China occupying americas position

@lakhansajnani1728 21 күн бұрын

china bribes IMF,UN,UNHRC,WHO all these organisation are bribed by china ...what happened in corona WHO did not uttered a word against china even supported in every situation

@Greek0715 21 күн бұрын

America remains very powerful in the IMF and China is nowhere near occupying America's position as a leader. I'm not worried, but you seem to be. Long live the west!

@pritsingh9766 21 күн бұрын

They have a weak leader.

@YouCantHandleTheTruth. 20 күн бұрын

@@pritsingh9766 More like others (like China) has _'a strong leader.'_

@ardinhajihil5011 19 күн бұрын

more like america stopped being for americans

@spy_on_the_web 21 күн бұрын

The truth is if India made those good EVs then they would have imposed tariffs of those EVs also. The true face of "free market"

@Cotswolds1913 21 күн бұрын

Then it would have only equalized with the high Indian tariffs on automobiles in general

@badbadbadcat 21 күн бұрын

💯

@JuneBaby01 21 күн бұрын

Man, no one cares about India...you guys are always trying to interject India into the top countries conversation...India isn't relevant, they don't do anything!!!

@user-je7pc2mp5e 21 күн бұрын

India already puts high tariffs on foreign cars so that TATA and Mahindra cars get a boost. This is the reason why Ford, Chevrolet, etc had to leave india. But even after tariffs, Indian cars fail to compete.

@user-je7pc2mp5e 21 күн бұрын

So you Indians have no right to make that comment or else it will be hypocrisy.

@weichengcn 19 күн бұрын

Why is her title "Biden China tariffs worry for India?" What does this has to do with India?

@monipenny408 19 күн бұрын

Indian right wing medias always inject themselves in headlines to appear important and significant.

@crhu319 18 күн бұрын

US may hassle India to do the same and tariff Indian goods when India prefers cheap transport.

@Mo.Ali.2010 20 күн бұрын

What about the Agricultural production subsidies of Europe that have been challenging agricultural production in global south for the last half of 20th century, turning deaf ears to WFP's constant appeal to stopping the subsidies?

@briandong5293 21 күн бұрын

With the tariff that's still less than many tesla 3 2020 models lol.

@ardinhajihil5011 19 күн бұрын

you are right 20k vs 40k 😂

@urdailygamr9229 19 күн бұрын

Are you seriously comparing chinese things with a tesla it's like comparing a toyota to a ferrari

@akin1190 18 күн бұрын

@@urdailygamr9229 toyota sells in million volume and no. 1 corp in the auto industry, Ferrari sells few hundereds

@orionmedivh5859 18 күн бұрын

@@urdailygamr9229 Problem is Tesla is not Ferrari, and it's not necessary better than Chinese EVs. BYD also has luxury models like Yangwang U8, which sells more expensive than Tesla.

@user-ft2km6yr7s 21 күн бұрын

Thanks For The Update My Favourite Vantage We Take On The World!

@ruggeddiscipline6026 21 күн бұрын

The USA can’t keep up 😂😂😂😂with the Chinese 😂😂

@user-je7pc2mp5e 21 күн бұрын

Yeah can't keep up with illegal subsidies😂😂

@nsalleh9493 21 күн бұрын

@@user-je7pc2mp5e Subsideies is the country's own problem. It's like you giving money to your kids and your neighbors get jealous

@jeremiahsunday742 20 күн бұрын

@@nsalleh9493Then your neighbors brings a strategy to counter that and you cry foul 😅

@s-qc9ns 20 күн бұрын

Very difficult democratic countries to do so.

@paulsilumbwe8336 19 күн бұрын

The free hand doesn't exist in the "free market economy " strange 🤔🤨, but its usa China beef at the end of the day

@razial5745 20 күн бұрын

I think them cheap EVs would help a lot of Americans struggling now with the over inflated car prices now.

@DineshTwanabasu 20 күн бұрын

What about 75% tariff on chinese ev imposed by India. Is it also protectionism palki?

@estiennetaylor1260 20 күн бұрын

Palki reports are scripted by anti Chinese propaganda.

@victorchew151 15 күн бұрын

In the US they don't call it subsidies, they call it ACTS.

@sharatchandra1130 21 күн бұрын

first start to make the production of electricity green then the EV will be ecofriendly, neither it is another indirect carbon emitting machine.

@gcinanomela6772 21 күн бұрын

This explains why BYD chose Mexico as one of the 1st countries to launch their pickup truck. Right next door to the 🇺🇸.

@cinpeace353 21 күн бұрын

There will be Chinese EV factory in Thailand and Europe. No Chinese EV is selling in US anyway.

@user-fo5zv4ld4z 20 күн бұрын

US wants to sanction meixco now for having a BYD factory in their country. i mean everyone could see that coming from a mile away lol.

@bmaxingout 20 күн бұрын

So what you failed to mention is that the US gives those subsidies to american buyers for american cars Chine is subsidizing the China made to the entire world. Huge difference,

@baldwinvelez5720 18 күн бұрын

Miss Sharma provides a balanced view in regard to how US and China provide subsidies. The core conflict is a US that is fighting tooth and nail to retain its current #1 position. The hostility China is facing now will just as surely confront India when India reaches its projected position to be a similar economic threat to the US. The US is not interested in a balance of power .

@david50665 16 күн бұрын

once u move up from pet status to peer status....hostilities will commence by the very fact of ur existence, ie, whether ur do good or bad is irrelevant

@domenico_ginny6164 Күн бұрын

You can’t flood the global market and expect major exporters to be happy

@theobaldigberaese4572 20 күн бұрын

if the tariffs make the products uncompetitive, Americans won't buy it which means the tariffs won't be paid at all. I think that's the idea here. And such ideas are good to promote local products which americans can buy for cheaper prices which will employ more americans too and contribute positively to the economy. He did well for his country by making such decision

@ardinhajihil5011 19 күн бұрын

initially it will be, but without open market competition the risk of few companies internal arrangement to create monopolies is too great, prices will still sky rocket

@pritapp788 19 күн бұрын

Do American consumers have a choice if all they can access is overpriced American vehicles?

@jjsamuelgunn1136 18 күн бұрын

Americans can buy local products for cheaper? If the prices of foreign goods are inflated through tariffs there is no reason for American companies to slash their prices. They will keep their prices as high as possible to match the tariff inflated prices of foreign goods. The objective of American companies is to make as much profits as possible to please their shareholders, not sell as cheap as possible to please the American consumer.

@dice138 17 күн бұрын

Just one question. Where did you take your economic class? I will tell my kids to avoid that school at all cost.🤣🤣🤣

@gabrielbejenaru1634 21 күн бұрын

No more taxcuts on EV...

@peterparos95 19 күн бұрын

The government should put their citizens' interests first.

@MicheleLLOYD-bk2mt 19 күн бұрын

Haha. Pigs will fly.

@sibusisotshabalala3662 15 күн бұрын

“The concessional import duty policy is linked to actual investments in that sense. BYD does not come into the picture because it will not be able to provide FDI commitment that this EV policy needs. Because FDI will require clearances, BYD is, in the sense, out. Meaning, if it has to come, it will have to pay the existing duty of 70 and 100 percent,”🤔that is quote from Indian government on BYD🙄how are you not running a protectionisim based economy when you are doing the same thing and even worse Indian government now uses nationalism to impose more tarrifs on Chinese goods as a means of subsidizing their economy 🙄tarrifs is just a sneaky way of increasing tax on your population without actually increasing tax 🤭

@wepatopatore7675 20 күн бұрын

So us the people getting cheap stuff is not fair? This woman crazy😂

@debarjundutta8912 20 күн бұрын

She is just reporting with little bit her own take....Name one news channel and anchor in news media all over the world don't do that...just name one...

@moorthit6964 21 күн бұрын

😅😅😅 space x owner reaction.. Make in china dump in us

@zixon1347 15 күн бұрын

When dead man dream to rule with jungle from his garden😂😂😂

@Germany._.Kit77 16 күн бұрын

We don't need cheap Ev's, if and when we need only inexpensive cars, that's different 😢😢

@kenzomini1946 20 күн бұрын

I don’t understand foreign cars have 150% tariffs in china so wyh not the other way around???

@kenbehrens5778 18 күн бұрын

fact check this.

@crhu319 18 күн бұрын

Because US and EU cars are bad, Chinese cars are good. So it's best for everyone if there's just no US or EU cars.

@dice138 17 күн бұрын

That's how you justify that? With make up numbers?

@deebil8099 14 күн бұрын

@@crhu319 Lol, it just shows what garbage they make in China where even Chinese people are willing to pay 150% tariffs to not drive a Chinese tofu piece of garbage. 😂🤣

@kenzomini1946 12 күн бұрын

@@crhu319 🤣🤣🤣 all rich Chinese buy western cars for safety🤣🤣🤣

@user-td2op6yr2l 21 күн бұрын

Does the US not give subsidies? So the hypocrisy is unjustified.

@david50665 16 күн бұрын

it is not called subsidies in the US case....but rather patriotic investments to benefit the workers

@user-tw3kr9if1f 18 күн бұрын

How many of these Chinese EV's is India accepting and if they are what are the tarriffs.

@jaytso1883 16 күн бұрын

Watching the self destruction of a Supernova ... .😅😂

@Indian_Girl_Aarini_213 21 күн бұрын

So if India considers the Chinese economy being almost 600% bigger than their is collapsing. Does this make the Indian economy strapped on life support? As a proud Indian🇮🇳, I really love ♥ and have a lot of respect for the incredible work of Palki Sharma super interesting video *How British looted 45 trillion from India* which is as a masterpiece of the highest quality. Its content is truly inspiring and I thoroughly enjoy watching it. The dedication, talent and hard work poured into the video are greatly appreciated by many. The Indian Union Public Service Commission has also deliver a remarkable report titled संघ लोक सेवा आयोग *How Britishers killed 1.8 billion Indians. Chronology of British Raj's exploitative policies* | UPSC," is equally astounding. The Indian government consistently produce insightful and thought-provoking articles of the utmost caliber. I sincerely hope they continue to produce such captivating exceptional work. Can it even get better than that? They deserve an award for best report of the year. Thank you for telling the truth and all the best

@JSAOKE 21 күн бұрын

Winnie the Pooh 🐷🐷🐷

@pinoyako-zm6sh 21 күн бұрын

Most Indians love the british people.

@SandeepChand2 21 күн бұрын

Yes it is.

@starkiller578 21 күн бұрын

STOP SPAMMING THIS COMMENT ON EVERY VIDEO

@Cotswolds1913 21 күн бұрын

Very obvious bot

@geeman4399 21 күн бұрын

I find it very annoying that India and china can’t sort out the little skirts they have and work on broader world issues where they would rule But no let’s keep putting each other down and see the west smile as they watch

@Cotswolds1913 21 күн бұрын

China and India are diametrically opposed to one another on virtually every issue, be it economic, geopolitical & security, or values. There is thus very little scope for cooperative effort.

@Peaceforall10 19 күн бұрын

For the sake of World peace it is important to control unfair business practices of china. Remember china only got aggressive since the time it become economically stronger and any further boost to its economy will result in Taiwan invasion. So if the world wants to curtail the china’s expansionist policy Economic control is the only way. Every penny the world is paying to china by buying its goods is helping china to buy more bullets and missiles. The Saving made by buying cheap chinas good is paid in double by countries needing to expand their own defence budget and also supporting the social welfare expenditure in their own countries resulting in job and business losses, unemployment and social uneasiness due to cheap chinese goods. What seems to be a Saving is actually a very lose making proposition in the long run. This has been evident in the last two to three decades where chinese economy has grown many fold while economy of other countries is not growing at the rate it should.

@fredrickonjiko391 18 күн бұрын

US gives tax cut for domestic consumers but China subsidizes production for exports, which is a different approach

@HornOkay 21 күн бұрын

Muscular move😂😂 Forgot Chinese balloon

@user-wy7ht3fi4r 21 күн бұрын

Damn,,,she doesn't like China,,,,

@NewkFritz 21 күн бұрын

India and China

@hermesliteratus882 20 күн бұрын

It's not news.

@acoportg1243 20 күн бұрын

why hate the peoples choice china is best friend of us africans

@atul3009 20 күн бұрын

Yes, it's true, but not with us@@acoportg1243

@gokulvasan6880 20 күн бұрын

China always hated by world nation.after its deliberate biowar after 2020

@askyalumumba3573 18 күн бұрын

I like how China responds to the United States with poise, resilience, and determination .

@deebil8099 14 күн бұрын

Lol, China gets slapped around by the U.S. all the time and just cries about it because that's all they can do😂 Remember when China made all those empty threats if Pelosi visited Taiwan and the U.S. laughed at them and sent her anyways. Then China did nothing because they are a pathetic paper tiger and the U.S. owns them😂🤣Bow down and kiss the feet!😂

@VVVedic 13 күн бұрын

चीन वर्तमान में US का टारगेट है,और भविष्य में भारत होगा।😑

@khookeekeng 21 күн бұрын

East India Co.was sponsored by the British government 😂

@ardinhajihil5011 19 күн бұрын

federal reserve is actually a private entity 😅

@khilanchandrani1212 21 күн бұрын

Madam Americans and Chinese Government and Companies have to think about their country not about our country so it is better that instead of finding faults with others we learn how to take advantage of the situations.

@akin1190 18 күн бұрын

20k is still cheap compared to tesla

@nickwang2017 17 күн бұрын

India does not have to buy, right?? Hello 😊

@paulianas1782 21 күн бұрын

For the first time in many decades, suddenly IMF cames to its mind. When the world population is decreasing & natural resources become rarer, the only solution is multilateral economy. The country which introduced free market economy to the world was the US.

@TAL142 21 күн бұрын

free market for US to dump their products and control the world. Once US is no competitive, no more free market for everyone else.

@HoneyLove77 21 күн бұрын

INDIA WOULD DO THE SAME IF THEY WERE IN AMERICA'S SHOES!!!

@pritsingh9766 21 күн бұрын

India MUST do same .Every one who loves his country must support his country's manufacturing industry .

@user-je7pc2mp5e 21 күн бұрын

India already does it to protect TATA and Mahindra cars.

@Spoon89803 20 күн бұрын

@@pritsingh9766 then every country ought to only focus on their domestic market then, and forget about international trade. Now if that is the policy you're driving at then what about the raw materials necessary for the construction of those vehicles that cannot be sourced in your country? What about the semiconductors, the rare earth metals, the technical know how, the potential profits from international trade that could be used to provide even more jobs? Protectionism is ridiculous because if every other country decided to be protectionist, those companies that are trying to be protected will still ultimately go bankrupt, and that's why there are rules overseen and enforced by the multilateral watchdog "the world trade organization", unfortunately the larger economies always feel they can break those rules largely because the global economy is largely dependent on them.

@teamspirit5186 20 күн бұрын

We are already doing that dude.. The reason import cars are so expensive in India is because of such tariffs on CBU cars.

@NaSaSh1087 20 күн бұрын

@@user-je7pc2mp5enah only if they are imported, if they manufacture it in India then no import subsidies.

@residentialstudio 19 күн бұрын

US logic of Fairness,“ You should follow the rules made by US and if didn't follow then you are unfair ”. Anything that US do is right but same you do, then it is wrong. US also provide a huge subsidies to their tech companies which destroys the compitition, what about that???

@hansenlye2487 19 күн бұрын

imagine taking up a car loan which the bulk of it is to repay government tax (tariff) or inefficacy in the domestic economy

@user-on3ie9uv3x 21 күн бұрын

Today China, tomorrow India.

@rindrind-xp6ly 21 күн бұрын

true. usa wont let any country surpass them .be it india or china

@mirrorocean3852 21 күн бұрын

@@rindrind-xp6ly because it’s best for the world that the U.S. is number one. U.S. is the one who should lead this world.

@rindrind-xp6ly 21 күн бұрын

@@mirrorocean3852 maybe for you. but the majority of the world especially the global south suffers and always suffered under US leadership. but things are slowly changing now. new players from the south are rising and are offering an alternative to the US dictatorship of the world

@JuneBaby01 21 күн бұрын

@@rindrind-xp6ly ...what alternative would that be? Russia's alternative, China's? I'll pass on either of those countries trying to lead the world! China puts the heel of it's boot on all of the weaker countries in Asia... And they will leave the Continent of Africa "without a pot to piss in" by the time they're done with them, but notice whom they're afraid of!

@Cotswolds1913 21 күн бұрын

@@rindrind-xp6ly The global south has never seen a better period than the one of US leadership, including China. Doesn’t mean US is entitled to lead like the other commenter states, but it has been an extremely successful period for the global south and the world as a whole. It could have been more successful for India if it were not for decades of the License Raj, if India had shunned the USSR & integrated with the global economy sooner.

@eman3682 21 күн бұрын

Before Trump, China had 25% tariffs on Cars, when U.S had 2%. The IMF said nothing back then.

@larryholou 21 күн бұрын

Singapore has even higher tariff on cars, but for a very different reason.

@zsarimaxim692 21 күн бұрын

That’s part of the WTO agreement.

@hpw-ws6bj 21 күн бұрын

25% is not 105%. Don't try to get smart and deflect.

@alex_tahiti 21 күн бұрын

@@hpw-ws6bj it is 105% because China does not play the fair game by public funding their car makers

@VictimCard.. 21 күн бұрын

⁠@@larryholou tariff depend countries to countries.

@holdontoyourhorses 20 күн бұрын

My goodness... so good

@Qasibr 3 күн бұрын

$20k EV is very competitive in the US market. The US sells $100k EVs in China.

@owenmckenzie6897 21 күн бұрын

What the fuck is illegal subsidies?

@nsalleh9493 21 күн бұрын

Yes. It's like we are taking their fucking money and fuck our industries. They get fucked off

@deepnarayanrajpoot6721 21 күн бұрын

Us 😂💩

@user-je7pc2mp5e 21 күн бұрын

Jealousy is normal when you are from a country who can't even make an Operating system in 2024.😂

@mwase7782 20 күн бұрын

@user-je7pc2mp5e and defensiveness is normal for a superpower on a decline lol

@mwase7782 20 күн бұрын

@user-je7pc2mp5e and defensiveness is normal for a superpower on a decline lol

@mwase7782 20 күн бұрын

@user-je7pc2mp5e and defensiveness is normal for a superpower on a decline lol

@mwase7782 20 күн бұрын

@user-je7pc2mp5e and defensiveness is normal for a superpower on a decline lol

@rizalmiehishamabdrahim4369 14 күн бұрын

Pollution from mining materials to make EV & electric power generation from diesel, petrol & gas are not addressed

@carolflann2927 19 күн бұрын

I've been wondering and maybe someone can tell me..India is part of BRICS. Is there a Rule of how many Countries can join and are they all Equal Partner's with Equal say 🦊

@deschan2246. 21 күн бұрын

I thought she was going to say US tariffs on Made in China would accelerate the relocation of factories from China to India, thus paving the way for India to replace China as the factory of the world

@Avant-garde1611 21 күн бұрын

Shifting manufacturing isn't that simple job, it takes tens of year for establishing a mega manufacturing capacity

@prakxyz 21 күн бұрын

Even your thoughs are being controlled by sea pee pee

@shermanpeabody6102 21 күн бұрын

India is very slow to respond...Bought a Canon inkjet printer and it's made in VIETNAM, not India.

@DarlyaFaroeste 21 күн бұрын

😂😂😂😂😂😂

@bsobro 20 күн бұрын

She’s starting to know thats not gonna happen

@quino7557 20 күн бұрын

And everyone wonders why inflation is going up 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂

@hermesliteratus882 20 күн бұрын

The US government just love a good old fashioned inflation.

@THE16THPHANTOM 21 күн бұрын

sounds like protectionism is bad for everybody but its currently the only way to go at the moment. India is doing the same thing, And China has perfected the practice. but you expect Americans to just sit there a take it.

@hermesliteratus882 20 күн бұрын

The US has practically invented protectionism.

@renorgan 20 күн бұрын

Whether or not it gets costlier for the local market each country is to put its own interests above all. If US products get costly, it's mainly because of the cost as wages. If China pays 5 USD per hour, US employees are paid 50. That money goes back into circulation in the US market, thus the GDP goes up. This makes citizens richer, and they can afford to pay more for their product.... The US already has a huge population under poverty.

@davidfognini8526 20 күн бұрын

The Vulgar decline of the USA oligarchy dictatorship regime 😮

@ShubhamSinghBelhari 21 күн бұрын

First Comment 😃 Great job Palki maám .....Big Fan.

@LordHilpolithRothschild 21 күн бұрын

She is politically motivated and is owned by Indian far right businessman Ambani

@Pushkar797 21 күн бұрын

Still better than left extremist @@LordHilpolithRothschild

@mailatkaushal 21 күн бұрын

@@LordHilpolithRothschild still you watch her opinions ??

@danielpreseley2921 14 күн бұрын

Who tf is the IMF 😅 telling countries how and what and when to trade

@cirilosy1076 14 күн бұрын

Nobody understands free trade

@samuelshaaibu3270 21 күн бұрын

India is doing the same thing, I wonder why she is criticizing the US. Every country is trying to protect its local manufacturers.

@pritsingh9766 21 күн бұрын

She didn't criticize US ,maybe she wanted to point out the fact that whn India does same, US start crying in the WTO .PLI scheme of India was heavily criticized by the US .US government even criticized Indian government doing same with laptop imports .

@X-H-Wu 20 күн бұрын

The difference is that some countries admit they have to protect their manufacturers, but the US says that we adopt free trade but accuse the competitors playing unfair game, overcapacity, dumping, .government subsidies, human right, slave labour, genocide. Blatant hypocrite.

@hermesliteratus882 20 күн бұрын

She would never have the courage to criticize the US on her show.

@Jef-Chen 21 күн бұрын

EV adoption is extremely low in India due to the scarcity of charging stations and above all, due to poor standards of living. India has one of the lowest car ownership rate in Asia

@cinpeace353 21 күн бұрын

EV adoption in India is actually not too bad. It is just it is 2 wheels instead of 4 wheels.

@DarlyaFaroeste 21 күн бұрын

In Brazil we have many BYD cars and we are already experiencing reduction of pollution, and our air quality is getting better.

@user-je7pc2mp5e 21 күн бұрын

India threw out Ford with high tariffs to boost TATA and Mahindra cars. Yet they failed 😂

@Ai-wibes 20 күн бұрын

@@user-je7pc2mp5e lol who said tata and Mahindra h failed product? We have 12 month waiting period for their cars 😂😂😂 Mahindra launch 3xo car. Within 1 day 50,000 bookings done

@1000xtati 17 күн бұрын

Brazil is also imposing 100% tariff in anything we buy on SheIn and other Chinese platforms 😒

@first-gordonchang9510 15 күн бұрын

Its not butter. It's Palki😂

@bijayadahal6739 21 күн бұрын

No anti china thing today by this woman😂😂

@songasalimsaleh1035 20 күн бұрын

😂😂😂😂😂😂

@senagst6510 20 күн бұрын

It facts tho

@rulsrejouis1698 21 күн бұрын

This is a recipe for disaster

@Druk-thunder 19 күн бұрын

Just remember, it's not concern, it's pure envy.

@johnsao3921 19 күн бұрын

Palki Sharma needs to visit China and drive the EV cars instead of riding a bike cycle in India. What is about ? China ? USA ? India ? Or Palki ? I know Palki love China and Chinese people. 😘😘 2 Palki.

@XiaoxiaoYuyu-ug3gy 21 күн бұрын

As long as india have reporter like palki, I do not need to worry about my investment in China, it will only go up 😂

@pritsingh9766 21 күн бұрын

Good ,invest in evergrand then 😂

@MJ-revered 21 күн бұрын

China's stock markets are doing great again. @@pritsingh9766

@sandeepreddy6247 20 күн бұрын

seems like, well developed chinese bot, comments humanly

@cryptohornbill9658 20 күн бұрын

@@pritsingh9766 Still better than anything than Indian

@indian9632 20 күн бұрын

@@cryptohornbill9658how's investing in a bankrupt company better, dummy?

@khenglchang6101 21 күн бұрын

Palki palki....its not subsidy that made ev cheap in China...all the european ceos in China said its competition among the 100 or so companies making evs n labour competence n efficiency that brought the costs of evs from China down.