Joe Biden Tariffs Against China Just Backfired on the US Economy!
Joe Biden Tariffs Against China Just Backfired on the US Economy!
Joe Biden has just passed numerous tariffs against China. But these tariffs will not help America close the manufacturing gap with China, nor will it stop China's rise. The real loser in this entire trade war is the American consumer who will pay more for the products they need. In today's video we break down the new tariffs against China, the myth of overcapacity and how the US is facing an inconsistency problem.
US wanted to make a fool out of China. But instead, the US made a fool of itself. Let that be a lesson.
China has the greatest manufacturing capacity. US has the greatest clown production capacity and the greatest national debt.
China is the largest car market in the world. They graduate over 4 million engineers and phD's every year, they'll fix it. With greater manufacturing output than the US & Europe combined. China won't just dominate in EV's, they'll dominate in everything.
Ancient Chinese proverb
"If you throw a pebble, don't be surprised if you get hit by a big rock."
It is characteristic of America that our people have no real idea what's going on. Biden is a classic.
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