Trump Is Facing a Losing Tariff War With China

The US and China are locked in a battle for tech supremacy, and it’s set to be a major challenge for Donald Trump. Years of tariffs, export controls and financial sanctions have done little to slow Xi Jinping’s quest for dominance. China has become a world leader in industries like electric vehicles and solar power, and it's catching up in others. But even though the US hasn’t managed to trip China up yet, there’s no sign it's going to stop trying.

Read More:
US Efforts to Contain Xi’s Push for Tech Supremacy Are Faltering

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00:00 Introduction
01:22 Chinese imports
02:33 Tariffs and restrictions
4:56 Government support
7:25 Trump’s second term

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[ILIVEAGOODLIFE]

Can you imagine living your life worried that another country may overtake you so you want to destroy them instead of improving?

[mhcolbert]

“The government you elect is the government you deserve.”
― Thomas Jefferson

[hdhsdebendan]

Think about it, two people running a race and all one of them thinks about is slowing down his opponent, that's what America is doing, and many Americans aren't even ashamed of it!

[alphaTrader.oo]

There is a Chinese proverb：
吹滅別人的蠟燭、不會讓我們的光芒更加明亮
Blowing out other people's candles will not make our light shine brighter

[wingmay]

I am an engineer and working for a high tech aviation technology company in America since 1991. Most of my co-workers are Asian. They are highly educated professionals. We have to buy a lot of equipment from China because America doesn't have the equipment we need. When someone buys an American flag, it is made in China.

[lavendereucalyptus]

I’m average American consumer, and my wage has been stagnant for decades, it can’t even keep up with inflation. Please convince me why I should pay a Chinese EV (if allowed imports into U.S.) twice higher with 100% slapping US tariff than its original Chinese competitive consumer friendly price with superb quality EV?! Government high tariff is designed to protect the uncompetitive slacker US industries.

Too bad American consumers can’t enjoy Chinese EV with extremely affordable price and superb quality that would kick Tesla to the curb.

So our government raises tariff in order to ‘protect’ the lousy and expensive and government subsdidized poorly made American made cars? Why should Americans be loyal to sucker plutocrats? Shouldn’t we encourage fair and fierce competition so we Americans can compete in fair ground and truly become better competitors instead of being spoiled by our government bail out and subsidies.

American protectionism not only it does not benefit American average middle to lower middle class consumers, it will make its industries LESS competitive in world markets, because they are expensive and lower quality.

High tariff creates the biggest losers which is the average lower end consumers.

If you believe Trump is doing work for average Americans, you are sold by his cheap lies.

[t.dmytryshyn]

At this point in time I'd rather work with China than the USA and I'm Canadian. During Trump's last term he increased the tariffs on washers and driers so that the cost of foreign imported products would cost more money and US washer and driers would cost less. Only problem was the greed of American manufacturers who increased the price of their products to match those being imported. The only people who lost were American consumers, which is exactly what will happen with more Trump tariffs.

[jdb]

US did the same thing to Japan in the 80's on vehicles. Japan is still ahead on vehicle quality and efficiency.

[lingth]

So it was never about "national security" it's insecurity..

[usmankhalid]

Tarriff is gonna destroy US Middle Class

[DY-fyjh]

“Contain China’s growth” To average Chinese this is saying “we just want you to stay poor labors”. This is exactly why US has lost all of its influence among Chinese people.

[joes]

We'll hire American, buy American, built American, grow American, and show the whole world how expensive that piece of s... will cost.

[朱易豪]

As an ordinary Chinese citizen, I am pleased to see the decoupling policy from the United States because this strategy cannot isolate China; it will only isolate the U.S. China is the largest trading partner for the vast majority of countries around the world, and the Chinese market itself is large enough. After ten years of trade wars, the U.S. will lose access to global markets and be left with a domestically weak market.

[chonle]

The Chinese can endure hardship far better than the Americans!

[VienPeaaace]

I believe in Chinese people to overcome the US, back then, China got discriminated in the space program and got kicked from International space station, so they made their own, if they can do that, then im sure they can overcome the US chip wars.

Jia you China!!

[MikeHunt-ylso]

Im rooting for China on this one. I hope this will teach Americans a hard lesson

[johnnysins]

These guys don't feel ashamed to say "we are containing china to develop"

[jhouck]

A 200% tariff on all imports will make the cost of everything three times what it would be, including domestic products that rely on materials imported from around the world. Add to that the idea of rounding up 11 million immigrants, taking them out of the workforce and costing money to house and feed them while working to deport them. If you thought inflation was bad the past few years, wait until all these brilliant policies take effect...

(I edited my comment to remove an ambiguous statement -- I had said costs will become three times more expensive, which sounded like I meant in addition to the original cost.)

[SouthernTip]

Americans acting like US companies aren't stealing their data and selling it.

[eliso]

US is all about war, US sees everything as a war. China doesn't see things that way, China sees cooperation.