The US Places Huge Tariffs on Chinese Imports || Peter Zeihan

Some hefty tariffs have just been placed on many Chinese imports, including electric vehicles, semiconductors, solar panels, and more. This is an attempt to prevent China from dominating industries that the US wants to develop.

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#china #tariffs #import #economy

[s.s]

Meanwhile YouTube is showing me ads for Temu at the end of this video! 😂

[ComplainingIsRecreation]

About bloody time, 30 years too late but better late than never

[kwatt-engineer]

The national security implications of subsidized Chinese imports is finally being recognized.

[davidcarlson]

Another big reason the Chinese have trouble developing their domestic consumer market is that Chinese are notoriously frugal...after covid the average Chinese shut down personal spending and won't change until they see economic prosperity...its a vicious circle for them.

[sernik_z_rodzynkami]

How much is a duty tax in China on cars imported from anywhere outside?

Last time I checked:
- non Chinese cars import rules are vague (by design)
- you have to prepare 10kg of documents
- everything takes months
- they can reject your car for any reason (items in a trunk)
- car has to be 1 year old max (everything above is considered "an old car")
- when you summarise all taxes, insurance etc you have to pay almost double of an original car price

So who is at "trade war" here and defending local market from outside imports?

[edwardneilsen]

Given the Chinese abuse of their neighbors in the South China Sea, I find myself not feeling really bad for any troubles they run into.

[Edmonton]

Poznan Poland! My grandmother left in 1911 for Brazil then to NYC in late Dec 1916. ❤❤❤

[pyrioncelendil]

Uh, Peter, I'm pretty sure we're not actually importing any vehicles, EVs or otherwise, made in China in the first place, because they don't meet the DOT's safety standards nor do they have any filed intent to modify nonconforming vehicles to meet those standards. The NHTSA has a list of nonconforming vehicles approved for import (as the vehicles have to be modified by a registered importer to comply with said standards) and there are no Chinese brands on it.

[bobbyhenderson]

Welcome to Poland Peter! Greetings from Wrocław, Poland!

Any chance to see you in Poland? 🙃

[hungo]

Those hefty tariffs have to be levied on chinese exports because they are cranking out cheesy products at an unprecedented rate. As a result, protectionist policies have to be put in place in order to hamper its inflow.

[IzzYonWheelzz]

Trade war, part two electric Boogaloo

[jimmatthews]

It's a passive approach (no build out cost) to what bankrupted the USSR - the commercial adversary will be forced to commit more resources to compete.

[OneOfThePetes]

Poznan is beautiful. I love the town clock at midday.

[JI]

Long overdue, maybe 20 years too late.

[DawidFRF]

Welcome to Poland i hope you like it here, will you talk or did you with some of the people, experts?

[artfx]

There has to be a minimum fixed tarif per item - to reduce flow of cheap crap.

[PaulP]

100% tariffs across the world for Chinese imports 👍 Are you listening Albo ?

[brianwade]

I remember you saying that this would happen. And Americans might have to give up some of their "stuff". This will create a huge demand for automation in the US. I see factories full of robotics with AI in the near future. What an exciting time.

[PikeProductions]

I miss Poznan now. Keep an eye out for the small Nopleon monument near the old town

[kevindorland]

Poland. Mind-boggling, to this cold war baby, is a free country.