China more prepared for U.S. tariffs than in 2018, says Genco CEO

Genco Shipping and Trading CEO John Wobensmith discusses the potential impact of U.S. tariffs on global trade and shipping.

[BrandyHeng]

US need China more than China need US 😅

[gamaigia]

China is more prepared for the imminent tariff hike. Are American people prepared to pay more than they should due to tariff hike?

[SimonSeow]

Soon Brazil doesn't have to go through Panama with Chancay Port in Peru now in operation.

[xinyiquan]

the host tried to imply the brazil could not supply enough soybean to china because of canal, , it has other route, this guy probably never heard Atlantic ocean, also he does not knw china does not depend on any place for soybean or any food, china is world largest food producer, it has way enough food, china imports soybean or maize only for oil and cattle feed, it is not food, china itself is one of largest soybean producer in world, soybean is not a nessassry for china, china could stop using it for oil or cattle feed, it has many other alternative all the time, also china has supply from all other place in world from russia and central asia and aganitna and east eruope and south and china never depend on anything from US, even the soybean, that only accounts for like 1% of its total consumption for cattle feed and oil

[eggheadegghead]

Let me get this straight, this male host’s question is does Chinese ships go through the Panama Canal when they ship soy beans from Brazil to China? So, is he thinking something that the US is going to attack commercial shipping lines like what pirates do? Is the major media in the US instigating an actual war with China?

[xinyiquan]

china is better perpared is because it diverse its export to other nations, this year, US market only accounts for 13% of china's total export, like 2 times lower than 2018, the US is not even top 6 trading partner of china any more, having said that, china's export to US will keep growing, because many chinese manufacture moved to vietnam or mexico or other place, also every product today no matter where to be built, are made up with mostly chinese parts and materials, so china will be always only winner

[hawkychg]

The questions needed to ask first and foremost, who started all these tariffs+ sanctioned? Who created all this chaos in the supply chain?

[ladygracienyc]

More products will be assembled in other Asian nations like Vietnam. But most of the components still come from China. If that is considered "winning the trade war" then I'm not sure why we bothered fighting to begin with

[samshi]

Eventually China as the biggest single country will totally ignore USA or even the whole North American.

[dfv]

Printed paper for actual Chinese goods. What a country we live in.

[Dave-zlky]

It is too bad that the American consumer is not prepared to pay the bill.

[cherubimcherubim]

Stop wishing to decouple, China may make your wish come true.

[Maimonides]

America isn’t as dominant in the world as it once was. China has an economy just as large as America and PLENTY of room to grow, America is increasingly a pariah state

[cherubimcherubim]

China has announced export restrictions on rare minerals and metals to the United States. The products, such as gallium, germanium and antimony, are so-called dual-use items, which can be used in the production of semiconductors and also for a wide range of military and technological applications.

[Yochemm]

A free advice to Mister Trump from The Netherlands, "get a BRICS member!!".

[DonnellChester-xdyg]

It won't be going thru the Panama canal any longer when there's more profit shipping from Peru and nearly 1/3 savings in time

[AlanXuHK]

The host is suggesting 'they' might block the canal to stop the flow of Brazil soy beans?

[Freedo]

China should ask people to boycott us product

[nulnoh]

China developed a new port in Peru. And is building a railway from that port to Brazil. That's how they'll be going around the Panama canal.

[saellenx]

Tariffs never ended, just continued with Joe.