China’s Tariff Threat on US and EV Imports Shakes Things Up

Patrick Bet- David explains why President Biden recently put a 100% tariff on Electric Vehicles made in China and how this could be the beginning of a new Cold War between China and the United States.

In this episode, Patrick Bet-David explains why Auto Insurance prices are skyrocketing above everything else!

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Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller “Your Next Five Moves” (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida.

[mikeykhoe]

The us calling china a bully is kinda like the pot calling the kettle black. Isnt it?

[rustyhanna]

That's why we need a business person, not a politician.

[theylied]

This must be old because both the United States and the UK passed bills to move pharmaceutical manufacturing back to Europe and the United States. After the antibiotic pipeline slowed down during the pandemic, due to Chinese factories closing down. The United States in the EU thought it would be wise to move manufacturing back.

[Woodshedphilosophy]

Consumers should have the choice of what products they buy, not a tyrannical government be it US or China

[brandonbodwell]

Tariffs are just a bad idea to begin with. It's basically a giant sales tax.

[JK-ykft]

America used to be self sufficient. It can be again.

[damonscammell]

Lucky you have Australia as a brother, minerals and resources we got you guys covered 👍

[yosecretsquirrel]

Canadians are paying very high prices for food partly due to such high demand from China, who has faced a lot of natural and manmade disasters that have devastated its food industry. Its time we started feeding Canadians.

[Whatever...]

Or theyll just stop using the dollar and send the message the bricks are a valid alternative. No they play the trickle in suffering until you finally realize whats going on and its too late to stop it. Why? Have you seen our communication lately? Do you think anyone is going to listen to anyone?

[ruthduhaime]

We have the resources here to produce anything we need. Al we have to do is use them. There would be all kinds of good paying jobs. We have more oil than anyone. Also, we have one of the richest gold veins in the world under Los Vegas.

[amim]

Have always thought medication, especially about not being made stateside, was a national security issue.

[ache]

Most pharmaceutical products are now made in India. However, most of the active pharmaceutical ingredients (API) are now made in China. Unfortunately, FDA rarely inspect those two countries and quality is not what it should be. An example is fentanyl, mostly is synthetized in China, process in Mexico and cross the wide open border to the USA.

[GeraldBeagan-eese]

Maybe they could refuse to sell us the fentanyl.

[jonathonlong]

We need to bring all of manufacturing and mineral processes back the the u.s.a. and stop the corporate greed.

[TWMan]

Throughout the development of human society, we've learned a valuable lesson: cooperation and competition must coexist. Conflict and war cannot solve problems. China has its strengths, and America has its own advantages. To ensure that the United States remains competitive, the most crucial factor is the power of education.

[billmeriwether]

this is why we need a proven business leader someone who knows how to negotiate and has credibility . Like him or hate him personally Trump is first and foremost, a businessman. He’s the one that needs to lead this country.

[accridelich]

Never do business with a communist/socialist country.

[BradleyCarmichael-vz]

Here in australia we import china cars there garbage and fall apart on the drive home from the dealership

[albertlevinsaber]

It is a bad sign for an economy when necessity spending experience high inflationary pressure. It indicate inefficiency in resources allocation for key areas due to government misspending.
In that sense, both US and CN are suffering from the same sickness stem from greed of the few outweigh the needs of many.

[tomweickmann]

The EV market will be determined by the consumer, not the supplier.
People simply don't want the damn things.

as firestarters.