U.S. looks to team up with Europe to counter Chinese exports

Рет қаралды 25,014

2 ай бұрын

The Biden administration argues China subsidizes its products so aggressively and produces them at such scale it undermines other countries' economic output, which should be a global concern. Last week, Treasury Secretary Janet Yellen asked her European counterparts for help. Mark Wu, professor of law at Harvard University, joins CBS News to discuss whether a multi-national approach could produce real results.
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Пікірлер: 339

@designrama68 2 ай бұрын

2009 - 2023 our government gave $2.8 billions to Tesla alone. Every country subsides its major industry. Stop complaining and start competing.

@seymorefact4333 2 ай бұрын

When we subsides our products .... it's more expensive. When China does it. . It's affordable!

@TheKkpop1 2 ай бұрын

Tesla also enjoys the biggest subsidy among the Chinese EV manufacturers when China embarks on an ambitious green energy policy.

@dalermehndi4663 2 ай бұрын

Investing in developing industries is different than continually subsidizing existing industries to the point of massive overcapacity with the intent to harm trading partners. Judging by the tone of your disingenuous comment, I'm sure you know that though. You should read the rules of being in the WTO....you know, the organization that we got you into?

@badluck5647 2 ай бұрын

"Our government" Nice try Chinese bot.

@mgronich948 2 ай бұрын

@@dalermehndi4663 Such false narrative. The US has violated more WTO rules than every other country with its tariffs. The US since refused to appoint a judge to the WTO court that rules on trade issues because the US has so many suites against it. Pure hypicracy.

@dfv671 2 ай бұрын

Isn't cheap solar good for the environment?

@Impozalla 2 ай бұрын

Yes but It will bankrupt homegrown solar industries.

@pgdog888 2 ай бұрын

@zion9860 not when u can't compete. China's panel and is cheaper and better. This is for votes. Obama already did this. Gave them 200 millions but folded in a year.

@JonySmith-bb4gx 2 ай бұрын

@@Impozallawho cares

@mgronich948 2 ай бұрын

@@Impozalla Totally false. The US has no solar panel industry. Obama subsidized Solandra a company that then went bankrupt in spite of the subsidies. Increased tariffs means lost jobs for solar installers. And it means high costs for consumers. It's a totally dumb idea. This is typical of NEOCON policy. If it hurts China it's good if it hurts US even more, we don't care.

@zacanger 2 ай бұрын

Good for the environment, not good for the energy companies. One CEO's feelings are worth more than the entire planet, in the west.

@user-ne8yi1io4h 2 ай бұрын

Here we go again…. Not a day goes by without war talk or economic war talk. So tired of this.

@Madame702 2 ай бұрын

Mostly BS. Look despite President Trump and President Biden putting some minor tariffs on Chinese goods America and China did a record breaking $758 billion dollar in trade in single calendar year. So don't believe the BS.

@Madame702 2 ай бұрын

Also, what they are not telling you is that America has found some much Shale oil and natural gas. America right now produces more oil than Saudi Arabia, and more natural gas than Qatar. We found 300 years worth of natural gas. America found so much natural gas that we stop looking for more we have so much. Currently America sell natural gas below market value.

@Madame702 2 ай бұрын

Right now electricity is so cheap in the United States with AI we beating China's low cost wages in fact we are putting them out of business.

@mythbusterthe6749 Ай бұрын

That is why Asian nations checked the map and decide that it do does not serve their interest to choose a side. IMO the SWISS peace meeting that exclude Russia will draw not more than 40 members But 97 countries have signed up for BRIC meeting in Moscow. What does that tells us?

@amywheelwright3146 2 ай бұрын

The US subsidizes its business too. The difference is, the US subsidies go to those companies' shareholders and top management, the Chinese subsidies go to the consumers as cheaper products, including US consumers.

@franklay5605 2 ай бұрын

Wake up to yourself Europe you have learned the lesson from the North Stream gas pipelines

@dahaixing2376 2 ай бұрын

Northstream was bombed by the US and American gas company got the highest profit in 2022_2023 in 150 years history. Sobe aware of what US asked Europe to do

@andrewlin6136 2 ай бұрын

Europe is cry baby, they're not adults

@jackiepaper101 2 ай бұрын

I prefer the Chinese system where products are affordable. I don't care if Western corporations profits go down.

@sharia_law5563 2 ай бұрын

Same

@dicejr6802 2 ай бұрын

Try working harder so you can afford better made products

@spankyssurprise1361 2 ай бұрын

Where do you live?

@jackiepaper101 2 ай бұрын

@@dicejr6802 Better made or just more expensive?

@dicejr6802 2 ай бұрын

@@jackiepaper101 yes

@kawaitheam3418 2 ай бұрын

Telling lies after lies to earn a living. What a pity to her. Why the Director did not mentioned the US and EU also subsidizes the player's? Is he giving a biased information?

@slowwalker1061 2 ай бұрын

for example, US told Australia to not friendly with & did accordingly. Ended up exports of Lobsters, Wines etc. blocked. US then sell those to them. Still sleeping? Take care.

@hitthedeck4115 2 ай бұрын

Sounds like the '80s when Japanese semiconductors and cars were at "overcapacity" and flooded the global market.

@mythbusterthe6749 23 күн бұрын

But Chinese cars are not exactly flooding US market.

@CryHarder666 2 ай бұрын

So capitalism is only ok if it’s not China doing it 😂😂😂😂

@soothinglycool9806 2 ай бұрын

Capitalism can't handle multiple ip thefts & has to change the rules.

@Madame702 2 ай бұрын

Product dumping is not Capitalism. Also open your markets and allows to dump products into your markets see what happens.

@dalermehndi4663 2 ай бұрын

Username checks out. Cry harder wumao

@famousmwofficial8046 2 ай бұрын

@@Madame702did china stop any American and European countries from selling in China?

@soothinglycool9806 2 ай бұрын

Facebook, Twitter and others are banned in China. China's espionage laws drove western businesses out is part reason why the Chinese economy is in the toilet.

@yattyc 2 ай бұрын

China is getting punished for doing too well, what a tragic timeline we're living in.

@iggy5347 2 ай бұрын

Because the money does not go to the west

@ChristianCarloLlobrera 2 ай бұрын

or china uses it for communism which is better for you guys? look at what china is doing to Taiwan and other neighboring countries.

@vlhc4642 2 ай бұрын

Oh it's very much American and European companies and people being punished to protect the ruling feudal aristocracy. China couldn't care less.

@hitthedeck4115 2 ай бұрын

Similar to Japan back in the '80-90s.

@xman1533 2 ай бұрын

Absolutely the world is so divided more than we know

@Shadowscares433 2 ай бұрын

Yes cheap but good quality products that America and now the EU made double the price but low quality products 😂😂😂😂

@ct4566 2 ай бұрын

Wait, when the US dominated the auto industry for decades.. not a problem! Another country uses the same play book.. and now it's a problem! Hilarious 😂

@rybfish76 2 ай бұрын

These politicians are making policies like its 1991.🙄

@peterbedford2610 2 ай бұрын

Don't buy US treasuries, don't sell to US

@paulalopes70 Ай бұрын

They print money to bay every think africa can not

@mythbusterthe6749 23 күн бұрын

China is not renewing those US T-bonds that are expiring and that put Yallen in panicky mode. Enough is enough. No more US dollars but GO with LD

@namelesswarrior4760 2 ай бұрын

Yellen is another great example of US politicians who desperately hang around after their best years are gone.

@fatdoi003 2 ай бұрын

you're talking about 1/2 century ago

@cristinaximera9663 2 ай бұрын

... best years are long long gone.

@peterbedford2610 2 ай бұрын

Best century

@jklee5419 2 ай бұрын

The US loves inflation so much that it fears the foreign products are too cheap.

@dalermehndi4663 2 ай бұрын

Cope and seethe wumao

@Billck24 2 ай бұрын

America need more homeless citizens 🤣🤣🤣

@ylstorage7085 2 ай бұрын

@@dalermehndi4663 "Cope and seethe wumao" well, don't think them wumaos need to either cope or seethe, they doing well enough. sounds like you are the one seething hard.

@triple8331 2 ай бұрын

"Losers focus on winners. Winners focus on winning" ✌️

@kimandstevelimmcintyre657 Ай бұрын

Instead of finding a way to be better or more competitive, US and EU chose to blame and complaint. This is self defeating, pathetic and moronic.

@olzt100 2 ай бұрын

Is this not racist? If the US could produce products as cheaply and equal or better quality, why would it not? And when you see they are approaching Europe for help to combat Chinese innovation and not Japan, Brazil, Kenya or Nigeria in the endeavor, does that not tap into a historical chord or Western and European cultural protectionism? Japan is an ally and an innovative nation. Their help would have the same effect as any European nation against China. But are the Japanese being physically classified in with China, similar to how Japanese Americans were physically classified with Japan during WII but German and Italian Americans were never physically classified with Axis powers of Germany and Italy? The fact is, US brand products are being made in China because company leaders in the US and other Western nations want higher profits so they are selling work to the Chinese. It's westerner"s undermining westerner"s the same as the crown heads of Europe used to undermine their own citizens and the location is being blamed instead of the people selling their jobs to a particular location.

@soothinglycool9806 2 ай бұрын

The price of ip theft is getting kicked out of existence. Cry racism all you like

@TheFlagUnit 2 ай бұрын

It’s racist.

@lenkiatleong 2 ай бұрын

IMO, western CEO/owners went to China not only to make more profits. It's primary reason is to survive. If they remain and the Japanese or other capitalists go into China to set up factories, they will be bankrupt much faster. So, it's more to fear of missing out that drove them to China.

@soothinglycool9806 2 ай бұрын

Different outlooks for the unraveling of China & the West. The West remained silent as China ran amok with hacking Western technology, bragging about displacing the West, talking up it's military might and border disputes with all neighbours. The West simply pulled the plug on the ingrate with punitive tariffs and semi conducttor ban. Racist or not, pay back is never delicious considering twas mainly America that raised China from the depths of poverty. Not Russia, Iran nor North Korea. Messing with your connect is as dumb as it gets.

@user-oc4th3tj4v 2 ай бұрын

I certainly don't see it as racist. US is increasingly reliant on Japan and friendshoring and I expect this trend to continue

@cherubimcherubim9515 2 ай бұрын

The U.S. government heavily subsidizes the domestic agricultural sector. It also subsidizes oil and energy producers, some housing, automakers, and some healthcare, such as through Medicare. In 2022, subsidies in the United States totaled $757 billion, according to the International Monetary Fund.

@MRT-co1sd 2 ай бұрын

US tells EU to put tariffs on Chinese EVs and say see we are doing the same with 100% tariff. The only difference is the US don’t import those goods but Europeans do. Europeans are being made as fools.

@sharia_law5563 2 ай бұрын

They've even destroyed their economy by refusing to buy cheap gas from russia. Absolutely muppets😅

@cristinaximera9663 2 ай бұрын

USA still complaining about other countries subsidies?!

@Mr11ESSE111 Ай бұрын

but they forget that they do same thing only that most of money go to pockets of billionaires in USA from that subsidues

@weetaoneo3081 2 ай бұрын

How embarrassing is this for Americans 😂.

@araara4746 2 ай бұрын

Capitalists who turn into anti-capitalists just because they can't compete. Middle finger for free market.

@vlhc4642 2 ай бұрын

They were never capitalist, just like they were never democracies Any democracy without equality is just feudalism, and feudalism isn't capitalism..

@lenkiatleong 2 ай бұрын

Developed nations are packing together against one developing nation. Are they proud of the actions?

@user-oc4th3tj4v 2 ай бұрын

China continually attemps to undermine the US and democracies across the world.

@JonySmith-bb4gx 2 ай бұрын

They are jealous

@wepatopatore7675 2 ай бұрын

No wonder why things are getting expensive and expensive every day

@herta3286 2 ай бұрын

We are overcapacitizing usd printing

@alereon 2 ай бұрын

That’s capitalism, can’t handle the heat

@anwiycti1585 2 ай бұрын

Combating cheaters 😂😂😂

@TheSingularity8 2 ай бұрын

So they claim that China subsidizes goods that Americans buy? So the CCP pays for part of goods that I buy. Why is that a bad thing?

@mahfugga 2 ай бұрын

Because our government hates us.

@MrCykotickiwi 2 ай бұрын

White Billionaires must be Fed!

@Liboch 2 ай бұрын

They can subsidize 100%. I dont mind at all.

@user-oc4th3tj4v 2 ай бұрын

Soon they're the only option amd then they superior technology and can charge whatever price they choose

@JonySmith-bb4gx 2 ай бұрын

@@user-oc4th3tj4v china is the superior technology Ok prove it . Show ncap test results for Chinese EVs Byd , zeekr , xpeng . I ll wait . I challenged many and all ran away . Let's see if you run away as well 😂😂😂😂😂

@gtn932 Ай бұрын

No country can have the economies of scale. There is no subsidies any different than Europe’s and USA

@Blankarte 2 ай бұрын

Not a fair competition! Quality goods affordable? How will American CEOs preserve their income?

@Impozalla 2 ай бұрын

But the US can't handle the heat, get the heck out.

@scl7555 2 ай бұрын

All this talk about subsidies being the reason why they are more affordable. What about cheaper labor costs? Supply chain? Self developed technology? These factors are really the causes of good margins. And perfectly legal

@badluck5647 2 ай бұрын

Look up dumping. China is selling below costs to drive competitors out of business. Once the competitors are gone, the prices go up.

@scl7555 2 ай бұрын

@@badluck5647 their “competitors” aren’t even competing. Tesla has been pretty much the only successful US EV company. And still they are so far behind in comparison to what China offers. Let’s ban chip exports to China.. great idea because now they will just develop them independently, more superior and cheaper. Do you see how counter productive this all is? And honestly it should be everyone’s right to have access to superior technology while combatting climate issues.

@badluck5647 2 ай бұрын

@@scl7555 Your ignorance is impressive. VW and GM have made millions of EV cars. Meanwhile, China already uses protectionist policies to prevent imports. China can't retaliate with trade restrictions if they already have trade restrictions.

@sarahjenkins7064 2 ай бұрын

China also heavily uses robots and automation to reduce costs.

@anthonyliu4824 2 ай бұрын

@@badluck5647 Not sure if that’s true, but many US companies did and continues to do that

@Zakaius 2 ай бұрын

But its OK for Uncle Scam 🇺🇲 to subsidize Ukraine war😅

@BabaYaga826 2 ай бұрын

🤣🤣🤣 *USA look so weak without India*

@azmanabas8425 2 ай бұрын

Colonial mentality

@georgez6991 Ай бұрын

Why doesn't US government also subsidize US companies so US consumers can also enjoy low price products?

@henrytay1706 2 ай бұрын

US Treasurer Yellen is leading US to a painful path.

@ThanhVu-le7ec Ай бұрын

Two superpowers are colliding every minute for money :).

@patrickllt Ай бұрын

How stupid can any leader of a country to prevent inflation by importing cheap products? It benefits all consumers. Except politicians

@andre8860 2 ай бұрын

They stand together ❤They fall together

@user-iz6dx3xs8l 2 ай бұрын

Hahahahahahaah 😂😂😂😂😂😂😂 please dont sell us your better and cheaper products you will destroy us.... 😂😂😂

@rudyalfonsus686 Ай бұрын

this looks sooo embarassing. almost like US can't stand with their own feet

@jteeezy275 2 ай бұрын

iPhones are fludding the market, overcapacity

@meriliu8688 2 ай бұрын

Made In China though..😂

@lowboyyy 2 ай бұрын

would you let that lady handle your finances?

@franksherman1774 2 ай бұрын

HA! No, but there she is.

@alanccvoo 2 ай бұрын

The Chinese work hard , avoid wars , plan ahead ...they have been doing this for decades...and when they can finally smell the roses...quess what...it's taken away...

@MJ-fj9yv 2 ай бұрын

Not according to curry slingers

@alanccvoo 2 ай бұрын

@@MJ-fj9yv LOL who

@vlhc4642 2 ай бұрын

What make you think America and Europe has the ability to take anything away? Chinese dominance does not require American or European cooperation

@MJ-fj9yv 2 ай бұрын

@@alanccvoo Same people selling America extended auto warranties.

@MJ-fj9yv 2 ай бұрын

@@vlhc4642 Bingo! Rest of the developing world has been relying on China for a long time. Only things Europe exports are weak militaries for the UN, over priced alcohol, and stinky cheese.

@willeisinga2089 2 ай бұрын

We need affordable Products.

@playerish 2 ай бұрын

US get the taste of their own medicine

@hawkychg3930 2 ай бұрын

Wait didnt we heavily subsidize our industries base with the Build Back Better policy we just passed?

@dr4jm 2 ай бұрын

Professor Yellen of Yale, Harvard, London School of Economics etc. etc. and that is the solution for Chinese competition?

@attilakovacs2231 Ай бұрын

🏆

@RobertChan-ge1bq Ай бұрын

Finally America will gain where as the European countries will suffer and help the American president to survive

@brainstem2023 2 ай бұрын

Corporations have been engaging in this behavior for years. If the U.S. wants to be serious about this issue, they need to hold corporations to the same standard.

@fatdoi003 2 ай бұрын

free market.... but not so free for others

@user-lb4yx1ms5f 2 ай бұрын

One word, futile. Effort better channeled towards nurturing and encouraging hard work, foster innovation, can do altitude, create a better mouse trap than engaging in senseless and low class acts.

@usmankhalid9438 2 ай бұрын

This lady needs to go ASAP

@mateobaysa2055 2 ай бұрын

Yelllin is one of the chosen ones. Therefore, she’s safe from being fired.

@vincenttay2812 Ай бұрын

Amen

@vlhc4642 2 ай бұрын

The west really want to check off every box in "how to emulate the next Soviet Union" list

@franciskenyi3139 2 ай бұрын

European are combination of countries each one of them have their own interests the U S A, can't tell them what to do. The U S A is fighting for its own interests of hegemony

@kevin02mulder 2 ай бұрын

we are happy with Chinese trade , its doing very well this year 2bln a day :-p

@JD-yz4kr 2 ай бұрын

What all these paid analysts never mention is that the US and Europe also subsidize its corporations, and citing subsidies as a basis for increased tariffs will certainly backfire.

@r3dpowel796 2 ай бұрын

its cheaper to buy Chinese cars online than actually waiting for US Import establishment. because that means you have to pay taxes, the downside is that you dont get Headquarters in your country.

@u2ber888 Ай бұрын

Even without subsidies, Chinese made products are always cheap. Is this a pretext?

@MrPathorock 2 ай бұрын

since when the us cannot handle it by itself and has to use its alliances to dodge bullets.

@fakoneuwyong 2 ай бұрын

That's why other countries should learn from The USA as #1 honest & humanity country in the world, without subsidizing their products always become phenomenal.

@meriliu8688 2 ай бұрын

CCP:"EMBARGO ME IF YOU CAN!"😂

@JonySmith-bb4gx 2 ай бұрын

It's official . USA lost to China

@jgarbo3541 Ай бұрын

Every govt "subsidizes" industry. The Chinese problem is they're smarter, faster, more efficient, cheaper, less "top heavy" with overpaid execs. The US corporate CEO /shareholder scam is killing US industry and it'll worsen.

@priscillaferguson267 Ай бұрын

🤣🤣🤣🤣🤣🤣. First the U.S. and EU will need to manufacture goods that people want globally.

@robertseaborne5758 Ай бұрын

The U.S. and Europe could find themselves in an overcrowded life boat on it's way to Davy Jones' locker.

@cactustree505 2 ай бұрын

Bring our manufacturing jobs back to the US! Tariffs for US products made in Chins, too. Supply-side/trickle Down economics policies shipped our manufacturing jobs to China beginning in the 80's, it's time to reverse those failed policies.

@guens01 2 ай бұрын

It will never happen.

@amywheelwright3146 2 ай бұрын

Good luck, they are now even shipping white collar jobs to India, Eastern Europe and Asia at an even faster rate, soon America will be hollowed out, only the ones on top of this pyramid scheme will benefit and amass all the wealth and benefits!

@amywheelwright3146 2 ай бұрын

With the internet, most white collar jobs can be increasingly outsourced to cheaper English speaking countries or English speaking population in any parts of the world that is cheaper and easier to enslave and extract values from. It used to be gradual but the pace picked up significantly since the lockdowns when many companies realized they don't have to hire domestically and a lot can get down cheaper via the internet by someone thousands of miles away.

@nicholasl5247 2 ай бұрын

@@guens01 He thought the inflation right now in us is still not high enough for him .

@OPEN-qg2ui 2 ай бұрын

But it can't compete in international market, it will be way too expensive if it's produced in States. Even with tariff it's cheaper to import from China. The question here is will the average American will be willing to do any manual job that pays same like in South East Asian Countries. One Dollar in SEA countries will buy you more than you can buy in the states.

@crazyworld9799 2 ай бұрын

Europe is a pet on leash by US. Always had this false notion of Europe having some self esteem

@michaelchua3942 2 ай бұрын

Not feasible

@LLee0 Ай бұрын

China subsidy is mostly bad for the G7 countries, but mostly good for the developing countries.... There are two sides of the same coin....

@lominiski Ай бұрын

But Yellen, US corporation like Intel, Cisco, GE, GM, Jeep, HP, IBM etc helped build China. They brought manufacturing knowledge and expertise to China. The US helped build it. So did the likes of VW, Siemens, etc.

@KMuse99 2 ай бұрын

The Tonya Harding method will never work.

@PerriBelcourt Ай бұрын

China and Russia deal with BRIC countries and not euporean and America

@ekayonosuwito3298 Ай бұрын

Now US alone can't beat CHINA, need help from allies., 😭😭😭

@ThanhVu-le7ec Ай бұрын

This is a political game. The US does this way so that they can put sanctions against China and other nations . :)) China and Russia , and other nations should be greatly working together in terms of trading.

@cinpeace353 Ай бұрын

Think Europe is as easy to fool as Japan and Korea? Asking Japan and Korea not selling chips to China while Intel and Nvidia are continuing selling. Check out what's the top downloads in US, what products are selling in Walmart and Amazon? 😂😂

@mythbusterthe6749 23 күн бұрын

😂😂😂 Seriously China don't give a damn as export to US is inconsequential and the dropping value of US dollars is a big concern. Exports to the rest of the world by Chinq represents almost 60% today and rising fast. China is prepared to forego both US and EU and guess what, when that happens these two importing nations will be hit by high inflation. 🤔😀😂

@erikcal9097 2 ай бұрын

If China has the ability to take over the market,thats a good thing for them.

@XxLastYetixX 2 ай бұрын

Honestly if can get a brand new EV for under 12k i don't care if it's from China, and I could care less about ford or Tesla loosing profits

@qake2021 2 ай бұрын

🥸🥸🥸 grandma is very MAD‼️ 🤣🤣🤣

@pippokennedy121 2 ай бұрын

China has the best economic fundamentals on a global level. No one can "block" or try to slow down the Chinese economy. Not even Xi Jinping himself could do it. One cannot complain about competition just because it is not favorable to the West. They are simply more forward-thinking and better at achieving economic development goals. Furthermore, they know very well that no other nation is able to reach their production levels. They have almost everything on their side: resources, know-how, technical and economic skills. So in the coming decades they will lead the game and certainly not the West. Maybe some elites won't like it, but what do you want to do? This is how every economic organism works. It is born, develops, goes through a period of decline and finally dies. The collective West is in the third phase and only those who do not want to see or live on another planet believe they can keep their power unchanged. Good luck to all

@straylight7116 Ай бұрын

So they're just efficient?

@mythbusterthe6749 Ай бұрын

😂😂😂 It is every man for himself as aoon as they discover the cost to support US stance qhich is basically motivated by self interest. Turkey haa just decided to join BRICS and soon many EU nations will follow. Example Ukraine is a war supported by a few main members but not the rest. U x hard stance towards China has driven a wedge between them. EU unity is alas a myth.

@oletreed4230 2 ай бұрын

Order directly from China via internet. Shipping is much less than taxes here. Save money!

@Liboch 2 ай бұрын

You cant drive on public road.

@franksherman1774 2 ай бұрын

I think she wants to bring us some chicken soup.

@Poohjin1 2 ай бұрын

Yes you must

@crhu319 2 ай бұрын

The answer is no.

@hsiu4425 2 ай бұрын

lmao, go check out lowes/ home depot, how many items are made in USA? why items that made in china are not as "cheap" as what they descried ?

@terrie001 2 ай бұрын

I buy stuff made in China because it is much cheaper than made in USA. This has been how it is for decades. Face it America. Not until your salary is lowered by 50% plus, then stuff can be cheap in a competitive price. Stupid CA pays mcd staff $20 minimum. This is why the cost of mcd burger is like $10 a piece. Increase wage doesn’t make people richer… lower wage does.

@MetaView7 2 ай бұрын

Baerbock: China human rights abuse Ursula: Decouple, Derisk, Overcapacity Michel: I don't know what I am doing here Borrell: Your garden is bigger and more beautiful than ours *Yellen: We need to stand together and send a unified message to counter China* _Scholz Macron BASF Airbus Mercedes Danone Louis Vuitton: Let's do business together. Let's invest in China._

@xy-aswan 2 ай бұрын

Cheaper products are good for world community prosperity. It can reduce inflation and help the low income people enjoy a better life.

@xman1533 2 ай бұрын

Western Hypocrisy at it's best Brics must grow more

@seymorefact4333 2 ай бұрын

❤ I love cheap Chinese products! So open doors for Chinese EVs. Can't afford the expensive USA made crap.

@chrisking3303 2 ай бұрын

Good luck

@wadslong 2 ай бұрын

This is not good news.

@BobsMoneyAdventures 2 ай бұрын

It seems everyone is still relying too heavily on the charts now. Imho, when the ETF's stepped into Crypto it changed the game. The Bitcoin Baby has been born and will grow up fast. The Crypto Market now has a rubber stamp of approval. Wall Street is in the game now and It will become the store of value we have been talking about. The rules are already changing. We would have normally had a corrective retrace by now, yet Bitcoin has been steadily rising. The name of the game is getting out with profit, but when exactly to get out this Super Cycle is going to be a tricky one. It's not about guessing the market's next move; it's about playing it smart and steady...managed to grow a nest egg of around 3.4Bitcoin to a decent 18Bitcoin in the space of a few months... I'm especially grateful to Whitney Eston, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

@fernandoantunez 2 ай бұрын

There are too many Chinese trolls here. Like it or not, the only fair solution is to set tariffs that correspond exactly to the sum of all the subsidies for each product. It would be a lot and fair.