Why is Biden ratcheting up the trade war with China? | Counting the Cost
Why is Biden ratcheting up the trade war with China? | Counting the Cost
Chinese imports have helped push down the cost of products like video games, T-shirts and home appliances in the United States. But many American factories say these imports have driven them out of business and cost more than a million people their jobs.
President Joe Biden says he will not allow China to “unfairly control the market”.
In the…
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The wto invited China in @ Doha , also the auto industry Final Assembly Point was allowed to be the head office country , such as effect of buyers of autos purchase.Hmmm connection?
Any simple solution to alleviate poverty in Cuba? answer..> US draconian Sanctions needs to go
Biden Like Money 💴💵🪙💰
35 Trillions in debt 💸 who?They don’t even have a proper transportation infrastructure forget about high speed trains 🚆.Corrupt politicians that are owned.All I am saying is corporations and billionaires are the owners of the country 🇺🇸
The trade santions worked. Since sanctioned, the foreign investments have been moving to other countries. Very quickly China's foreign investment will go down to zero.
because he is a idiot
USA which is first world highly developed country in the world is saying it's unfair to do business with developing country like 🇨🇳. Why does US subsidies BOEING then?
They use “ national security“ ! when they can’t compete before they supported free trade now it’s protectionism when they’re loosing
How many times has the US government bailout the auto industry ? Now they are subsidizing the chip industry ! Pot calling kettle black 😜
The US has never been so much about fair economic policy, as they have been about exploiting trade partners and bullying them when they don't comply.
Biden's miserable 面相 reflects the state of the USA. If the USA wants to reverse its miserable decline, the first step the Americans need to pick a president with more present 面相。
The "pundit" in Seoul needs to answer the question that If the USA does not worry Chinese goods going into the USA, then why does the USA penalize those goods by impose illegal tariff under the WTO rules?
You impose tariff and ask others to cooperate?
If you couldn’t answer a question, just use National security as an excuse!
what a piece of nonsensical propaganda.
People who can compete wins the trade war. If you can pass the job interview, you get the job. Right?
how can you win the war while you dont know your competitor
how can you win the war while you dont know your competitor
The US has an overcapacity of weapons
The reason why NAFTA was passed because globalization is necessary to lower product cost. Charging China tariffs cost is stupid. It will end costing more US consumers. It’s not China fault by making lower cost product. American failure is blaming China for success in which American who created the stupid rules.
Looking at the performance of the Dollar and the Yuan and another look at each country's stock market, then you see who is winning.
If it's not due to natural security, its China subsidiies. US has the bigger subsidy to US manufacturers and will find all kind of reasons to take down China's growth. US trying to control inflation and climate change yet it ban solar panels, imposes high tariffs and EVs from China.
USA has negative trade balance with China (279.4 billion USD), so I don't think China has anything to win with a trade war with USA 😂
Why Biden is seeking trade war with China. A desperate move to win the elections. Desperate, because eventually this trade war will harm the US more than China.
US in denial…CHN responded well under WTO rules
Soon Americans will shift their complaints from the Chinese to the Indians and eventually blame the robots for stealing their jobs, they just won't admit that they are too lazy and fat to lose their jobs, Chinese workers are currently changing careers to do other things because AI robots are gradually starting to take their jobs, so this is the ultimate trend of humans, Robots do all the blue collar jobs, all the humans are in front of the monitors and computers to supervise their work, and then people who don't understand the hardware technology and technology development will be gradually eliminated to the edge and can not survive, this is the direction of the world, BOYS, you better stop complaining like an old woman and start looking for a job.
the us always has all kinds of reason to make trouble for china. if they run out of excuses, there must be some kind of national security issue.🤔
Most of comment are US hater, they born to hate US, they have no brains 😂😂😂
USA last 40 years doing war with oil country and looting oil for their economy/
They forgot competitive production economy😂😂😂😂😂
Consumers would get fked, regardless!
China responds!
US reacts!
Keep on reacting, and the US will be screwed!
What would be the case scenario if USA was in China's EV lead position?
US does not want sale high tech products that china wants. That is the reason of unbalanced trade.
US pours all its resources into the military industrial complex and wars.