It’s Payback Time: China Punishes The EU Economy At Its Weakest, Crashing French Stocks

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In a stunning retaliation, China has begun their economic retaliations on the EU economies. The first domino to fall is punishments on brandy exports. This caused historic French company stocks to collapse. This will only get worse as China begins hitting back on the EU's brutal tariff war on Chinese EVs.

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✅ Timestamps & Chapters:
0:00 EU Economy At Its Weakest
2:45 China Punishes EU Brandy Exports
6:09 Germany Economy Full Panic
9:04 China's Big Economic Pivot
12:08 EU To Lose Big

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France's overcapacity of wine and luxury goods needs to be contained. Good work from China to level the playing field!

wheatblue
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The EU with captain Ursula von der Leyen is a ship of fools.

Vedrfollnir
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We have BRICS, in The West you have PR1CKS

garyvahl
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So the EU cut off their cheap energy supplier, and now cutting off their market... These people are really smoking stuff.

TheEgbon
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The US doesn't have allies, they have interests. The EU may suffer from a US fall in interest.

seeker
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It just annoys me that Europe are such sell outs to America

leley
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EU: "Who knew charging tariffs on China goods could have consequences?"

vestasharp
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Did the EU not see this coming from 10 miles away? What idiots are running economic policies in the EU and how do they still have jobs?

barnabusdoyle
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"What goes around, comes around." ...no matter how you spin it.

zarty
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One Party is guilty of Overcapacity, while the other party is Guilty of Over-Stupidy.

RafaelChibuike
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The Chinese can easily boycott the European luxury items like LV, Prada, Gucci etc!

wangjim
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I'm french and I can tell you a secret : we're screwed. 😒

philippepeltier
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EU made its bed years ago. It's time to reap what they've sowed.

missives
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The reality is you can’t beat an over 1 billion-strong market.

mikewaiguru
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Socialism or capitalism or anything else; what matters is Leadership. And Europe has the most incompetent and short sighted in it's modern history.
They blindly follow their master from the other side of the ocean even when it leads them to their own destruction.

cockyrustler
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China Doesn't Need EU alcohol Get Vodka and Brandy from Russia 😊

rogerburn
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The Chinese will start punishing the countries who voted in favor of the tariffs. The Brandy tariff will hit (not much, yet) France, then other tariffs will hit Italy, Poland, etc.

prossi
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Bottom line is Chinese productivity cannot be matched by Western countries. Chinese market locally is also big enough to neutralize any foreign attempts to curtail Chinese products. At the other end of the spectrum of consumer consumption of low priced household goods which affect the common households, nothing can come close to Chinese made products for quality at bargain prices. Hence the well patronized stores by the common man like Walmart, Dollar Tree, Dollarama etc. will face pressure.

johntan
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You can't just say we're going to make cars, all US vehicles are absolutely terrible so who will buy them.

deadworld
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It's just a matter of time that countries begin leaving the EU

logueg