US tariffs on Chinese goods: Biden accuses Beijing of 'cheating' on trade
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- čas přidán 13. 05. 2024
- President Joe Biden has slapped major new tariffs on Chinese electric vehicles, advanced batteries, solar cells, steel, aluminium and medical equipment, taking potshots at Donald Trump along the way as he embraced a strategy that’s increasing friction between the world’s two largest economies.
Al Jazeera’s White House correspondent Kimberly Halkett reports from Washington DC.
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#USTariffs #ChinaTrade #BidenAdministration #TradeWar #USChinaRelations #Tariffs #Eco-nomicPolicy #TradeTensions #GlobalEconomy #USPolitics
US looks so weak nowadays 🙃
When two 80 year old guys are fighting for the office, not for the people.
@@hsingpeikao They're fighting for the corporations, not for the people. The people would benefit immensely from affordable EVs. These tariffs are an attempt to keep competition out and to keep prices high so that greedy corporations can keep their big profits.
Who define what unfair trade practices are?, or people who just use words when it suits their narrative.
But they can afford expensive EV
🤣
@@Hkchinese888 No, most people can't afford expensive EVs.
100% tariffs on EVs lol. Apparently, free market economy means putting up 100% tariffs on competitor's products because you can't compete.
This is why we have the 100% tariff ... BYD Seagull at $11k. 😃😃
Video Title : "Inexpensive Seagull electric car has US automakers, politicians trembling with fear".
Have to protect the "low cost" $25k Tesla we've been hearing about for 3 years that we still haven't seen yet. Have to make sure consumers keep paying $40k plus for an EV to keep corporate executives and lobby groups happy.
Move away from the US market and focus on the rest of the world. It's not worth it. It's huge debt is going to crush them sooner or later. Tick tock tick tock...
We Pakistanis need your $10000 seagull, plz bring in as many as you can
🤣🤣🤣
@@Hkchinese888 They have good relations with Pakistan. Pretty sure Pakistan will be getting them. (Even though you're not from there lol.)
They did this to Japan in the 1980s India is their new toy
Feel sorry for the average Americans who have to pay higher prices so the rich can keep up their profits.
US will also be heading to China to ask for a loan and for the Chinese to stop trading with Russia😂
They have already done that BUT rejected by China. Go home. Maybe China can impose 300% tariffs on Starbucks, KFC, McDonalds, etc ... 😂😂😂
I'll prioritize and buy *Made in China* products from now on
Yes me too. We should stop buying western colonial brands
Evident lack of US competitiveness in all green tech products.
I don’t get it. Aren’t we fighting climate change? Why the US tariffs are targeting most of Chinese green energy products? Isn’t a good thing that average people can afford eco friendly products such as ev car, solar panels or high performance battery?
I'm also wondering
The usa wants the world to buy form them to fight climate change. They didn't expect China to be the leader in green energy. Now they (and the EU) are doing everything they can to stop the world from fighting climate change because the usa is losing the the green energy lead.
In the end, it is the average american and European consumers that will suffer under all of these tariffs. It means higher prices on all green energy products.
So this is the reason for the decline of the United States, and what even ordinary people can see, the President of the United States cannot see. Thanks to Biden, he makes me feel like I could go for the presidency too.
I thought Chinese products are low quality, why is the US so afraid?
Yes. Exactly. Actions speak louder than words.
My god... i don't know how Americans fell for this kind of rhetoric.
From this point forward it's clear the US is losing the economic hegemony around the world, and it's clear that it's a socialist country doing so.
They have already lost since years back. Only their supporters don't want to admit it. Hopefully EU don't follow them into the deep black hole.
Come back from the delusional world
@@JCSY1
Don't worry the European will follow
@@Hkchinese888 Yes. They probably will as usual.
sympathised with China who got bully badly by US on daily basis yet their responses are insignificant !
It's ok. That's the price to be a super power. When number one congratulates you by all sorts of bullies action, the more radiculas it's the more you are close to the top.
Evil
So the 1.4T dollar for build back better is an unfair subsidy??? Oh my, countries should stop helping their own industries especially if other countries can’t to it too 😂
The US complaining about competition, or what you might call free markets. The Chinese can make new cars for $10k… billionaires just mad they will be losing money.
The fool is taxing his own people
Every country does the same, what is your point?
Free market and fair competition is a joke
Never count on a politician to do what they say they will.
A 1970s "Buy British" campaign successfully produced cars of such low quality, that no British wanted to buy.
So by making everything expensive for the average consumer, he is protecting the local manufacturers?
Its a pity for americans to have to buy expensive and bad qulity The West's EVs.🙄
USA， China deserves sweat factory, footwear,clothes, low end products.
high tech products, overcapacity. no way!
I hope China puts tariffs on U ess goods too. Or, better yet, stops food shipment of amy kind to rouge nations.
We American people love inflation so much that anything sold at affordable price is considered as insulting.
Since the 1970s invention of the , combined harvester, US and EU farmers have been told to overproduce and dump cereals (as aid), putting other farmers out of business. Accusations are confessions, these days.
Look who's talking.... It's sleepy Joe!
The ROGUE US REGIME is now in tatters!😂
Kids behave better than this
I guess Biden "never cheats". 😂😂😂😂😂😂
These people are in for a big surprise 😂😂
Sleepy finally woke up.
Sell Ford and gm to Chinese auto companies. Assemble and rebatch Chinese ev to Ford and gm. Save workers job and us auto industry, affortable quality EV to US public, Win2 for both countries.
At this point Trump and Biden should just run on the same ticket.
Good Job America.
When de-risking grows bigger and bigger, it will morph into de-coupling.
jfc what a clown. what's the difference between these two again?
Just admit it there are 2 many people in the world and not enough jobs…..
Throwing the baby out with the bath water. That's how desperate Biden is; hoping to win the coming elections.
When chyna imposed tariffs on Australian products, the little pinks keep silent.
Now they keep crying
🤣🤣🤣
Page eight spotted 😁
Countries now are smart enough to know about China 🇨🇳.
It can't fool others anymore.
Not here in Asean
We are all pro China. Of course except Phillippines.
Trump 2024
China's 🇨🇳 has a faulty economic model, which is unsustainable.
The Chinese goods production system is *not driven by market behavior* but by Chinese government-directed investment.
@stephen23122 It's because you said positive things about them.
@stephen23122 These tariffs are US protectionist policies. Doesn't apply to Australia. Unlike US, Australia allows free market economy. There are already many Chinese EVs on sale in Australia. Same with Europe. Meeting their standards is not an issue. Many BYD EVs (like the Seal and the Dolphin) gets 5 star safety ratings in both Europe and Australia.
Government investing is how capitalism started. China is leading in the renewable energy conversion.
@stephen23122 What do you mean by "people's car"? There are already a lot of Chinese EVs approved for sale. Seal and Dolphin are approved with 5 star safety rating. If you mean low cost EVs I think the BYD Seagull will fill that spot when it gets to Australia. Video Title : "Inexpensive Seagull electric car has US automakers, politicians trembling with fear".
@stephen23122 You're luckier than me. At least you guys have the option to buy their cars.