China’s Tariff Wars: The EU Opens a New Front || Peter Zeihan

*This video was recorded in June of 2024.

We're talking about a different kind of war today - Trade Wars. Specifically, we'll be looking at attempts by the US and EU to limit Chinese involvement in their electric vehicle markets.

Where to find more?

Where to find me on Social Media?

#china #import #electricvehicle

[Mark-sdl]

Peter, if you or your staff read this:
I was in Home Depot yesterday, and I noticed that most of the appliances are going back to rotary knobs, like we had 40 years ago. Washers, dryers, stoves, and some refrigerators, have rotary dials, lamps, and no cheap, fuzzy LCD screens that need full light to read. My take is that the appliance manufacturers either can't get Chinese touch panels or that it is now cheaper or more parts availability secure to go back to knobs. Personally, I am delighted and hope the same thing happens to automobiles.

[robertbanning]

Welcome to New Mexico, your explanations are my daily schooling in global economics

[UltimateDan]

Should’ve happened a long time ago. China heavily tariffs cars made in the US & EU.

[billc]

China is a developed country. China imposes 218% tariff on Australian wine. Tariffs on Chinese goods should start at 218%.

[kellrik]

A plane at 30, 000 is a lot louder when you are already at 12, 000.

[mikehewitt]

Peter I don’t know if you are aware of this but maybe 8 or so years ago china purchased Smithfield farms, the largest pork producer in the USA by far. I don’t know much about Smithfield since they are not located in my area but there are some very large operations based in my area. They run about 800, 000 sows which is double what the number two hog producer runs. Chinas hog herd is double the size of the US herd and as you stated wildly inefficient, everything from backyard pigs to 8 story building full of pigs. The US exports 1 out of every 5 rows of soybeans to China for their hogs to eat. Losing that market is going to hurt but back when Trump put on the trade taxes China quickly found out they could not get enough soybeans from anywhere else so they bought South American beans and the USA suddenly started exporting to SouthAmerica which is a rare occurrence normally.

[boogiewoogie]

The attention to detail and the editing at the beginning to make sure it’s right is fantastic
Now I can find it on a map

[DecemberNames]

This never gets old 💯💯💯. Keep it coming‼️‼️‼️

[johnduguid]

"Gallium and Germanium, which are two not rare earth metals but rare metals". Look at you go, Mr. Periodic Table!!

[crosslink]

6:15 The term 'Smart light bulb'; some things just don't need a semiconductor inside them.

Peter, if you read these, have you heard anything about financial problems at Huawei? They've been doing a lot of bond sales this year with some odd yields, and the bonds are unsecured. Rumor is they're having big financial problems and the bonds are something of a 'cover' for the CCP to use instead of just doing the normal looting of banks and accounts of the few profitable industries in China to keep them afloat.

[unrealsfx_official]

Hey Peter, you turned 800.000, congrats!!

[JCT]

If BYD buys Chrysler and builds EVs in America under Chinese ownership there goes your tariffs...

[TorBoy]

The wolf warrior is now wimpering. CN should not have so angered their customers. Dumb, dumb move for anyone.

[peterkiviat]

Mr. Zeihan conveniently ignores the fact that Chinese quality and safety standards for electric vehicles are considerably lower than ours. BYD electric cars erupting in flames is a rather common occurrence in China. I'm not talking about when they're in accidents. I talking about when they are parked on the street or in garages.

[angusabbott]

“mid to low quality” is a great description of Chinese goods, most should be subject to a landfill tax before entry is even considered

[quantumbacon]

In UK we expect human food to carry a country of origin label. it would be strange to see unprocessed pork arrive from anywhere beyond Europe.
tinned pork or dog food, would be less likely labelled with a country of origin, but I'd bet if there was a supply battle issue then many producers would make a bigger deal out of EU/UK labelling.

[SingularisVisum]

😢 Speak about the situation in Venezuela please 🙏

[SMarkGee]

Love the planes coming over. It's been a while since they were a mainstream of Peter's videos ;-)

[wahlumng]

Why the need for tariff when China is collapsing like you said

[bryceehret]

How are you everywhere I grew up and talking about the thing I nerd out on the most