Chinese Carmakers Threaten Global Dominance in Auto Industry

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.

[michaeljohnson]

I bought a 67 Chevelle in 1987 and I still own and drive it. The more time that passes the more I appreciate the old girl, simplicity, fun, cheap to operate and ridiculous dependable

[hmrmdf]

I will take 20 year old camry over new chines car.

[JamesTheHumbleSupplanter]

As can be seen in everyday products we use, the offerings for the same product vary greatly in quality when produced in China as there are manufactures whose only standard is hitting a price point. We ask for cheaper thinking they’re discounting, but rather they’re pulling out quality and replacing with cheap parts. Safety should be the biggest concern, then protectionist tariffs.

[mmorti]

In all fairness, this spontaneous instant combustion of electric cars isn't just a Chinese ev problem, but a problem with all electric cars to verying degrees. Most fire departments in the U.S. can't put out an electric car fire quickly and most not even at all. Alot U.S. fire departments just recommend letting those kinds of fires burnout.

[bsmoke]

Guess what people still value quality.

[spoders]

“Made in China” never associated with high quality.

[Minposu]

Everyone is gangsta until your brand new chinese car starts melting under the rain😅

[tstockton]

BYD just completed a huge EV plant in Mexico to escape 100% tariffs.
In 12 months EVs won’t be worth asking price!

[blakegoulds]

They not only get huge government subsidies, they can pollute the shit out of their local environment while avoiding the clean up costs that makes other cars more expensive.

[Quinold]

China’s Temu EV’s are absolute death traps.

[loanokaharbor]

Chinese EV's are catching fire in China with no recourse to consumer. Not to diminish China's manufacturing capabilities, the US has been a major proponent of Chinese manufacturing success to the detriment of the US economy.

[tomlevasseur]

I’m working on NOT buying Chinese products.

[Luis-lxnq]

I stopped buying on Temu since I found out they don't have any regulations, chemicals and heavy metals where found in their products. Cheap shit always end up being expensive.

[StarGlazedMuffins]

Chinese Carmakers would dominate the world of the auto industry. sure. If they can stop their multitudes of problems and issues, oh and stop being death traps on wheels.

[peep_show]

Wait till you fall behind on your payments…the car will trap you inside

[ImARealHumanPerson]

"They are extremely good"

They have dealerships on fire daily in China because of the EVs 😅

[williamhaynes]

People don't want electric vehicles!

[Tuwekultzkie]

If i was a president of any country I WOULD NOT DEAL WITH CHINA ALL TOGETHER

[keithkroening]

Without trade rules EVERYTHING is cheaper with their low cost labor, lack of OSHA and environmental rules.

[crypticutopia]

I would never buy a chinese vehicle. EV or not, I wouldn't trust the quality.