yeah, what a dud. symbolic and meaningless, but other reports say it cost the taxpayer and hard working families. ANYONE who has been to the shops can tell you they are REALLY DRAGGING DOWN families
The US government is not in dire straits. It's US business that is in dire straits. All governments are supposed to be the unbiased referee of the economy. Sadly, European based economics, especially the US, riggs the economy in favor of business and that hurts households. If you did not know the economy of every country is business versus households. So the people are not getting a fair deal when government rigs the economy for business. How you like inflation? The government can affect it but it's mostly caused by rising prices of goods which is under the control of business. The catch is they can raise the price to the highest level of acceptance and the only defense households have is to stop buying.
if the point of this clip was to explain why the US suddenly didn't implement the advertised tariffs, I learned nothing. Is that guy really an economist or just a politician?
This guy is an expert? Semiconductor won't pass through to consumer? What is he talking about? Everything electronic (especially car - ICE or EV) all use semiconductor
Actually, the expert analysis is true. Chinese latest proven commercial chip technology stops with the Kirin 9000S which is about 20 years behind the rest of the world. For most products no one is forced to buy Chinese. Consumers can choose to buy Chinese with the older tech like Huawei phones or buy Apple phones with far superior tech.
@@tonysu8860 20 years ago would be just barely in the 1 ghz era with process in micrometers instead of nanometers. You have no idea what you’re talking about
@@tonysu8860 Yeah and? Majority of semiconductors dont need to be that fast - EVERYTHING nowdays has a semiconductors inside of them, however basic they are and the cost would sum up pretty fast.
😂😂😂 I vaguely remember an interview Musk did, and a reporter asked him if he was wary of competing against Chinese EVs. Musk laughed soo hard and replied "no, because they don't have a good product". Now the same guy needs protectionism from the government to compete 😂😂😂
They still laughing because the reality still is: Peter Rawlinson (Lucid Motors CEO and former Tesla chief engineer), May 10, 2024.: Chinese automakers are still *"years and years behind" Tesla on EV technology.* *"If you look at the advance in core EV technology, they're still years and years behind Tesla,"* The former Tesla engineer said that Chinese EVs had progressed "immeasurably" in recent years, and were now superior to their western counterparts "in terms of fit and finish quality." However, Rawlinson thought *their engineering was still lacking.* *"In terms of the elegance of their drive train technology, the batteries, the way things are integrated … it's not even close," he said.* *"I was looking at a number of the units on display at the Geneva Motor Show and the engineering was very disappointing."*
And the reason that tarriffs and protectionism is needed has nothing to do with the quality of the products, as they are technologically and engineering-wise years and years behind, they are dealing with a competition that has benefited from 100s billions of $ of the China's government subsidizes .
@@JigilJigilto be fair, these are rather hilarious words from the same company that couldn't figure out anti-rust measures on their cybertruck. That and a bunch of other things that already exist on other vehicles.
Hahaha, did you look at the price. The new Porcha EVs sell for $120.000. A Chinese company have a car looks very similar with same performance... $30.000 landed in the US.
There are actually a couple. Geely sells cars in the US including a recently launched EV SUV under the Volvo brand. But yes, numbers of Chinese vehicles sold in the US are nearly non existent.
@@tonysu8860 Tesla, Polestar, GM, Stellantis and Ford are considered an American brand but most of its components and parts are all Made in China why not imposed them a 100% tariffs? the only car brand in U.S. that is almost a 100% Made in USA are Honda
Tesla, Polestar, GM, Stellantis and Ford are considered an American brand but most of its components and parts are all Made in China why not imposed them a 100% tariffs? the only car brand in U.S. that is almost a 100% Made in USA are Honda
@@abddessamedar7336 Tesla works with multiple battery suppliers, including Panasonic, its longtime partner, as well as LG Energy Solutions, the second largest battery supplier in the world. They supply the EV maker with cells containing nickel and cobalt.May 20, 2024 😆 🤣
THIS IS BASIC ECONOMICS. THE U.S IS ONLY 4%, OF THE GLOBAL POPULATION WITH 336 MILLION PEOPLE. CHINA IS THE WORLDS LARGEST CONSUMER MARKET WITH 1.4 BILLION PEOPLE. CHINA IS THE WORDS LARGEST TRADING PARTNER. AMERICAN COMPANIES OPERATING IN CHINA HAVE A GROSS REVENUE OF AROUND 480 BILLION DOLLARS.. AMERICAN EXPORTS TO CHINA IS AROUND 158 BILLION TO CHINA. U.S IMPORTS FROM CHINA IS AROUND 590 BILLION DOLLARS. AMERICA DOES NOT HAVE THE MANUFACTURING CAPACITY TO REPLACE AFFORDABLE CHINESE GOODS. U.S TRADE WAR ON CHINA IS PURE ECONOMIC LUNACY AND PURE ECONOMIC STUPIDITY.
87% of all EVs manufacturered in China are bought in China. The rest are mainly sent to South East Asia to ASEAN countries, Latin America, the middle East, Australia, New Zealand and Russia. Chinese vehicles completly took over the Russian market like a lightning bolt after European brands left Russia. The Russian market was like mana from Heaven to the Chinese EV industry. They just swooped 100 million Russian consumers like lightning. They are all over Russia now. No only are they selling them they have taken over all the Western car brand manufacturing brands are are manufacturing their cars there too. Out of the vehicles manufacturered in China sold to Europe 7/10 are Teslas. China sells 0 consumer EVs to the US. The only vehicles BYD sells in the US are Busses. That is it.
No one is claiming Chinese will take over the entire market. Everything there is a beginning . Chinese EV has its advantages which ICE vehicles can never compete in terms of cost of production as progress in electronics advances . it is the same as you see the demise of camera , telephones etc to a simple mobile phone. ICE components are very cumbersome and expensive improve. Not EV
@@sensean693 The head office, product development operations, marketing, and administrative efforts are still mainly located in Gothenburg, Sweden, the birthplace of Volvo Cars. For all intent and purposes Volvo is still a Swedish brand run by Swedes. To say that Volvo is Chinese is like saying that Chrysler is Italian. And Volvo only sold less than 11 000 EVs in the United States last year. The American market is simply not that important for Chinese manufacturers
This guy does not understand the industries involved. The supply chains are dominated by Chinese companies. Tariffs are a tax on the consumer and there will be very little US production increase.
Is the interviewer and interviewee having different conversations? His responses don't correlate to the question which makes it rather hard to understand. It is like someone asking, "what did you eat for breakfast?" and the response is "I am wearing a blue shirt today". And the responses are pure pabulum - something someone reads out of an intro text to econs rather than commentary of current events.
Tesla, Polestar, GM, Stellantis and Ford are considered an American brand but most of its components and parts are all Made in China why not imposed them a 100% tariffs? the only car brand in U.S. that is almost a 100% Made in USA are Honda
Everyone with a bit of brain knew that the ridiculous increase of import tariffs by the USA would not stop China’s EVs. Instead it will only exacerbate the inflation in the USA. The average American is already becoming desperate because of the reduction of their purchasing power by higher costs of living. As EV is essential especially in the USA the declining purchasing power will make it even more dire as the energy price increases due to tensions in the Middle East and protectionism. This interviewed man doesn’t know how the average American lives and he is trying to make protectionism is good for the USA while the opposite is true.
Better ask him about UK, not US. He probably just read some newspapers (not enough) prior to the interview. The delay is due to huge opposition from a lot of big companies!!!
@@RoadstersRegistry The United States Economy is now in deflation process although the official inflation figure this month is 2.9%. For the first time, all discretionary items in the US CPI Inflation index are negative on average. Many people have noticed it. It’s just a matter of time that media start making news about it. Have you noticed that many people around you have stopped buying expensive stuff? Don’t worry about inflation anymore.
Your explanations are clear and straightforward. It's always an honour to have you here as a mentor, I appreciate you for the time being spent to educate and update us financially. Regardless of how bad it gets the economy, I still make over $28K every single week. I truly value Lia Lorenzo and her helpful guides.
Profitable trading requires experience, a solid strategy, and preparation, which many lack. Understanding buy/sell ratios, identifying market leaders, and diversifying are key to reducing risk.
Export restrictions eventually make China produce their own equivalent thereby US companies loosing. Also tax incentives to produce in America initially seems good but after the factories are built who will buy a product more cost to produce than an import? America should concentrate on high value products and services (not high volume).
Ford CEO Jim Farley and CFO John Lawler took a test drive in a Chinese electric SUV in early 2023. Both men were left shocked and impressed by the quality of the Chinese-made EV. "Jim, this is nothing like before," Lawler told Farley. "These guys are ahead of us."
For non-Americans, there are zero Chinese EVs for sale in the US. The tariff hasn’t even gone into effect. Most of the Teslas in the US are made in the US.
When you are sparring you will realise that how strong your opponent is! The tariff punch had a reaction that tickle their nerve that why! But cant say till its resolved!
When this guy looks up to come up for an answer, he doesn’t know and lies rather than saying he doesn’t know. What a schmuck! Truth of the matter is EV cars made in the US, are too expensive and lacks any will from the public to support the infrastructure. Now if EV cars are cheap, like China is willing to sell at 10-15K than people in urban areas will gobble them. The big three don’t want to build economically priced EVs because they can’t make a profit big enough to pay out the huge salaries and bonuses for their greedy and inflated troop of executives.
Let me tell what's holding up the Tariffs. It's graphite. China stopped shipping Graphite to the US. No Graphite, no advanced weapons or semiconductors. Come on guys.
USA tactics: intentionally double or triple the price of a normal price ahead of time and than pretend promotion of 50% off. Increase 100% tariff against China EV and later fall back intentionally without compromising real discount on negotiation
While US is complaining about Chinese subventions on "clean energy" cars, the US is subventioning US batteries for electric cars: "Do what I say, don't do what I do" politics.
Competition can be useful. A delay in tariff increases is not unusual. If individuals want to buy cheap cars, then let them buy them. EVs are hardly desirable and represent a tiny share of the auto market.
This indicates that US administration simply legislated their international policy at will without due study and analysis. It could be changed at will also. What a great government.
This is what happens when you want to believe in something so bad that you avoid answering the questions and always revert to your belief. In this case, sanctions will work and will not really effect the American consumer.
I'm absolutely sure there was some back-door negotiating and this delay is being used as a wedge for some other issue(s). Disappointed in this expert's replies.
China should give up US's market and finds the countries；For example: Southeast Asia, the Middle East, Africa, Central and South America and Russia. The risk in the US market is too big.
Biden has been made to realize that there are ways around these tariffs that Chinese automakers can use, First, they could offer a lease/buy back plan that doesn't give title right away as an imported vehicle but a leased vehicle and later purchased. Another way is for Chinese automakers to construct or take over a US plant to build EV in the US. And another option might be to build a factory in Mexico, for example, and let buyers drive the car around Mexico while on vacation and cross the border with a used EV that now has a lower value. What Biden realizes now is that China can develop and produce EV cheaper than the US and thus corner the world market for EV. US and EU automakers would be hard pressed to compete. Ditto for the Japanese and South Koreans. The US would be a laggard in meeting its carbon neutral goal. One of the reasons EV are not that popular in the US is the lack of charging stations. China has almost 40 times more public charging stations (2.3 million) compared to the US. China also has nearly 5 million private charging stations. "According to the China Electric Vehicle Charging Infrastructure Promotion Alliance (EVCIPA), as of the end of August 2023, there were a total of 7,208,000 charging infrastructure units (public + private) in China, of which 2,272,000 charging stands were public and 4,936,000 were private.Oct 3, 2023" (Marklines) "As of Feb. 27, 2024, there are more than 61,000 publicly accessible electric vehicle charging stations with Level 2 or DC Fast chargers in the U.S." (PEW Research)
A simple i don't know would suffice. And then say these can only be answered by insiders. But my guess is that bla bla bla... like only sending a signal to the chinese is sufficient to deter them from entering the US market because tariffs can be raised to 100% whenever they want? Does it mean the lucky few who managed to import cheap cars from china can buy them without tariffs for now? Or must all imported cars be modeled with US standards?
He fumbled through the whole thing as badly as Biden's Economic adviser trying to explain the economics of US's money printing. ...and now I can get "these tariffs out of my head" 🤯
I hate EU for doing this two-faced nonsense as well. I was so disappointed. EU car companies have nothing to ofer and they dont even try. I dont like China, but i will buy there electric car since they did what must be done.
USA have a high per capita income……..so, they would need jobs to support the income. Taxing cheaper imports is to make sure that the country only have expensive products to match. The high per capita income is actually illusory. The real figure would be based on price parity …..
Chinese students tend to do well at Western universities.. especially STEM subjects like electrical engineering. The race doesn't always go to the swiftest.. but usually it does. American business and consumers continue to support Chinese industry. Their country is fighting itself.. and it is a war that it cannot win.
US and China will decouple slowly in the next few years, there will also be a 1.7 trillion dollar gap once China get kicked out of US market That need to be filled with products from other countries or manufactured locally. Inflation will definitely sets in and things will become more un-affordable by the day.
But current there are no Chinese car being imported to US. It doesn't matter whether it is delay or not🤪 This is the lobbying from US car makers who want to use Chinese battery and other component in their cars
This guy repeatedly avoided to answer the question put forward by the host. He just kept on talking general effects which everybody knows. Useless guy!
I can't believe this guy is a so-called expert, the bottom line is we are paying the tariff, not China. The trade deficit widened under trump administration,not dwindling. When business pays more to produce, their overhead expenses will pass on to the consumers. Tariff causes inflation in what we have today. Who is this guy kidding.
Cpec rpec electric gas dam plane train car bus cloth agriculture machines projects India 🇮🇳japan Korea Singapore USA Canada Malaysia British European projects Africa Europe Arab African ASEAN SAARC countries projects Afghanistan Turkmenistan🇹🇲 Tajikistan🇹🇯 Azerbaijan🇦🇿 Uzbekistan🇺🇿 projects electric gas dam plane train car bus cloth agriculture machines projects world Bank world Economic Forum Asia development Bank projects cpec rpec electric projects Europe Arab African ASEAN SAARC projects Israel Palestine Suez cannal corridor projects nida kazmi shahida parveen Sana majbeen shahla Qureshi ambreen Ali suhai aiz talpur Amina baig anela naz sundas risalpu masroor Karachi king Babar 313 badri shabha buzdar jitoi gilani Shah Mahmoud Qureshi Amir dogar Murad Ali Shah qaim Ali Shah sharjeel memon Ali Amin gandapor sarfraz bugti hina rabani Kher zartaj Gul mahar bano Ali Sunni Shia groups Sindh Balochistan khaber cpec rpec projects water 💧💦dam katzra basha dasu nelum Jhelum Sindh Kala bag dam projects sarhad all cities projects India 🇮🇳Navy projects German 🇩🇪china 🇨🇳Russian🇷🇺 Japan 🇯🇵Korea 🇰🇷Etihad peace India 🇮🇳Pakistan🇵🇰 African Afghanistan🇦🇫 projects Kashmir Palestine Burma Afghanistan Syria peace United Nations🇺🇳 human rights Watch poverty end every month every house 6000 give tax poverty end government ottoman ke dor say poverty brhe koi bhe shaks gareb na rhe banzir income spot program poverty end world Bank Asia development Bank Paradise forever 3 lakh dastarkha 6 lakh khadim 3 karor eat no bathroom 18000 creatures jinnat hoor peri 2000 4000 years kherbo trillion angels 70000 years God 👑👑🐎🐎💜🅐🅡🅜🅨⁷⟬⟭💜
Waste of time.
Next time, go interview a real expert.
yeah, what a dud.
symbolic and meaningless, but other reports say it cost the taxpayer and hard working families.
ANYONE who has been to the shops can tell you they are REALLY DRAGGING DOWN families
Agree
Is he using a color filter on his cam to look Agfacolor of the early 80's? XD
also, the interviewer was ill informed and leading .... I expected more intelligence from this channel
With such experts advising the government no wonder the US is in such a dire state.
The US government is not in dire straits. It's US business that is in dire straits. All governments are supposed to be the unbiased referee of the economy. Sadly, European based economics, especially the US, riggs the economy in favor of business and that hurts households. If you did not know the economy of every country is business versus households. So the people are not getting a fair deal when government rigs the economy for business. How you like inflation? The government can affect it but it's mostly caused by rising prices of goods which is under the control of business. The catch is they can raise the price to the highest level of acceptance and the only defense households have is to stop buying.
I want a $10,000 E.V. in this country. Screw the big three and Tesla!
I can buy two E.V in China under $ 10000
Those who claim to buy EV when **cheaper** won't buy in anyway. You feel like wanting it because you cannot. Forbidden fruits are alway a sweet lemon.
cant you afford a $100k EV pick up truck
10000USD is very best for a EV car
I can buy one BYD for you and one for myself !
if the point of this clip was to explain why the US suddenly didn't implement the advertised tariffs, I learned nothing. Is that guy really an economist or just a politician?
Feels like they ran out of content ideas. Like a „what I ate in a day“
I wonder the same thing. If he is an economist, he should known tariffs is not a good thing. It's tax on consumers.
@@watzbaer DW is a national tax-paid broadcaster.. but, its basically like FOX News
😂 I hav no clue wat this is talking about.
the best state is : politician=economist😅
This so-called expert knows nothing.
You are smart, many of them are working in top management for the big companies, talk and say nothing.
He knows nothing. My thoughts exactly
Non of them actually do
Exactly
Kind of how DW rolls.
I think you got a lemon of an economist. Be better.
This guy is an expert? Semiconductor won't pass through to consumer? What is he talking about? Everything electronic (especially car - ICE or EV) all use semiconductor
Actually, the expert analysis is true. Chinese latest proven commercial chip technology stops with the Kirin 9000S which is about 20 years behind the rest of the world. For most products no one is forced to buy Chinese. Consumers can choose to buy Chinese with the older tech like Huawei phones or buy Apple phones with far superior tech.
@@tonysu8860 20 years ago would be just barely in the 1 ghz era with process in micrometers instead of nanometers. You have no idea what you’re talking about
@@tonysu8860???
@@tonysu8860 Yeah and? Majority of semiconductors dont need to be that fast - EVERYTHING nowdays has a semiconductors inside of them, however basic they are and the cost would sum up pretty fast.
@@tonysu8860have you gotten your hands on a Huawei phone lately?
😂😂😂 I vaguely remember an interview Musk did, and a reporter asked him if he was wary of competing against Chinese EVs.
Musk laughed soo hard and replied "no, because they don't have a good product". Now the same guy needs protectionism from the government to compete 😂😂😂
They still laughing because the reality still is:
Peter Rawlinson (Lucid Motors CEO and former Tesla chief engineer), May 10, 2024.:
Chinese automakers are still *"years and years behind" Tesla on EV technology.*
*"If you look at the advance in core EV technology, they're still years and years behind Tesla,"*
The former Tesla engineer said that Chinese EVs had progressed "immeasurably" in recent years, and were now superior to their western counterparts "in terms of fit and finish quality." However, Rawlinson thought *their engineering was still lacking.*
*"In terms of the elegance of their drive train technology, the batteries, the way things are integrated … it's not even close," he said.*
*"I was looking at a number of the units on display at the Geneva Motor Show and the engineering was very disappointing."*
And the reason that tarriffs and protectionism is needed has nothing to do with the quality of the products, as they are technologically and engineering-wise years and years behind, they are dealing with a competition that has benefited from 100s billions of $ of the China's government subsidizes .
@@JigilJigilto be fair, these are rather hilarious words from the same company that couldn't figure out anti-rust measures on their cybertruck. That and a bunch of other things that already exist on other vehicles.
Hahaha, did you look at the price. The new Porcha EVs sell for $120.000. A Chinese company have a car looks very similar with same performance... $30.000 landed in the US.
@JigilJigil Lucid itself is going bankrupt. They not selling. BYD is already better than Tesla.
There is no Chinese car in the US market, add tariffs just gave other instant increase in prices.
There are actually a couple. Geely sells cars in the US including a recently launched EV SUV under the Volvo brand.
But yes, numbers of Chinese vehicles sold in the US are nearly non existent.
@@tonysu8860 so why are there no tariffs on Korean and Japanese cars
@@tonysu8860 Tesla, Polestar, GM, Stellantis and Ford are considered an American brand but most of its components and parts are all Made in China why not imposed them a 100% tariffs? the only car brand in U.S. that is almost a 100% Made in USA are Honda
Tesla, Polestar, GM, Stellantis and Ford are considered an American brand but most of its components and parts are all Made in China why not imposed them a 100% tariffs? the only car brand in U.S. that is almost a 100% Made in USA are Honda
US does not have core technology on batteries. High tariffs on Chinese batteries will end US EVs.
Where does Tesla battery pack came from?
@@Kingofthehill84from byd
@abddessamedar7336
Some Tesla models in China does use Chinese battery packs 😆 🤣
@@Kingofthehill84 all of tesla models in Europe and USA and China use BYD batteries
@@abddessamedar7336
Tesla works with multiple battery suppliers, including Panasonic, its longtime partner, as well as LG Energy Solutions, the second largest battery supplier in the world. They supply the EV maker with cells containing nickel and cobalt.May 20, 2024
😆 🤣
A CEO of a Germany top company recently admitted that DW is heavily influenced by US. This interview seems to confirm that.
Next time ask an expert
There s more ways that the Chinese could do to return the favour. Already they diverse trades and increase trades using local currencies
EV is dead in America except Tesla which has Chinese character.
Are there any people from anywhere else other than Chineset rolls or China AI posting here?
@@isabelg1729yes, me, here, Chinese Ai 😂
The US consumer choose to embriace climate crisis by continueing buying gas guzzlers and ignoring EV.
Yes. Russian troll here.
@isabelg1729 🤣🤣🤣
Vietnamese here.
What you can't handle Facts ⁉️
🍋🍋🍋
Truth Hurts hah ⁉️
Cope 🤣
The interviewee seemed very nervous, I think he lost his train of thought with a lot of the questions.
He was actively losing brain cells when trying to piece together a complete thought 😂
The poor lady looks like she wanted to scream at him .... stutter his way without answering any of her questions.
We all know its more to slow their advance , its backfiring 😮
Please interview a person who can answer your questions
Actually there are no formal China car export to US.
THIS IS BASIC ECONOMICS. THE U.S IS ONLY 4%, OF THE GLOBAL POPULATION WITH 336 MILLION PEOPLE. CHINA IS THE WORLDS LARGEST CONSUMER MARKET WITH 1.4 BILLION PEOPLE. CHINA IS THE WORDS LARGEST TRADING PARTNER. AMERICAN COMPANIES OPERATING IN CHINA HAVE A GROSS REVENUE OF AROUND 480 BILLION DOLLARS.. AMERICAN EXPORTS TO CHINA IS AROUND 158 BILLION TO CHINA. U.S IMPORTS FROM CHINA IS AROUND 590 BILLION DOLLARS. AMERICA DOES NOT HAVE THE MANUFACTURING CAPACITY TO REPLACE AFFORDABLE CHINESE GOODS. U.S TRADE WAR ON CHINA IS PURE ECONOMIC LUNACY AND PURE ECONOMIC STUPIDITY.
And Chinese character don't have uppercase
87% of all EVs manufacturered in China are bought in China.
The rest are mainly sent to South East Asia to ASEAN countries, Latin America, the middle East, Australia, New Zealand and Russia. Chinese vehicles completly took over the Russian market like a lightning bolt after European brands left Russia. The Russian market was like mana from Heaven to the Chinese EV industry.
They just swooped 100 million Russian consumers like lightning.
They are all over Russia now. No only are they selling them they have taken over all the Western car brand manufacturing brands are are manufacturing their cars there too.
Out of the vehicles manufacturered in China sold to Europe
7/10 are Teslas.
China sells 0 consumer EVs to the US.
The only vehicles BYD sells in the US are Busses.
That is it.
Wrong! The Chinese own Volvo ev made in China are being sold in the US right now that's the fact.
No one is claiming Chinese will take over the entire market. Everything there is a beginning .
Chinese EV has its advantages which ICE vehicles can never compete in terms of cost of production as progress in electronics advances . it is the same as you see the demise of camera , telephones etc to a simple mobile phone.
ICE components are very cumbersome and expensive improve. Not EV
If Chinese EVs are sold in the US, I would purchase one.
@@sensean693 The head office, product development operations, marketing, and administrative efforts are still mainly located in Gothenburg, Sweden, the birthplace of Volvo Cars.
For all intent and purposes Volvo is still a Swedish brand run by Swedes.
To say that Volvo is Chinese is like saying that Chrysler is Italian.
And Volvo only sold less than 11 000 EVs in the United States last year.
The American market is simply not that important for Chinese manufacturers
This guy does not understand the industries involved. The supply chains are dominated by Chinese companies. Tariffs are a tax on the consumer and there will be very little US production increase.
Is the interviewer and interviewee having different conversations? His responses don't correlate to the question which makes it rather hard to understand. It is like someone asking, "what did you eat for breakfast?" and the response is "I am wearing a blue shirt today". And the responses are pure pabulum - something someone reads out of an intro text to econs rather than commentary of current events.
My thoughts too. Seem like he doesn’t know anything
You noticed that to 😊
I'm glad I wasn't the only noticing this. I thought I was drunk.
saved me 10 minutes, thx lol
He is basically saying , we depend on china until we can solve our issues first.
⁉️⁉️⁉️
it is all about let EU start the EV tariffs before the USA does.
Tesla, Polestar, GM, Stellantis and Ford are considered an American brand but most of its components and parts are all Made in China why not imposed them a 100% tariffs? the only car brand in U.S. that is almost a 100% Made in USA are Honda
Yes ...full part componen made in cina ..brand only usa..😂
foolish to have the trade war to begin with .Now report has come out that billions of lost of revenue of US companies because of these tariff, period.
Everyone with a bit of brain knew that the ridiculous increase of import tariffs by the USA would not stop China’s EVs. Instead it will only exacerbate the inflation in the USA. The average American is already becoming desperate because of the reduction of their purchasing power by higher costs of living. As EV is essential especially in the USA the declining purchasing power will make it even more dire as the energy price increases due to tensions in the Middle East and protectionism. This interviewed man doesn’t know how the average American lives and he is trying to make protectionism is good for the USA while the opposite is true.
Not clear answrs to the questions and remarks. Of course, it is a complicated area. Yet!
Better ask him about UK, not US. He probably just read some newspapers (not enough) prior to the interview. The delay is due to huge opposition from a lot of big companies!!!
I don't like previews on news. Irritating. Times does this, too. It's so annoying I dont watch them anymore.
Why he just said he didn’t know?????
These are the sort of 'experts' advising your leaders...all the best guys
Good. Slowing down efficiency is bad for us all.
Tariffs aren't enough. The States need to lower interest rate and devalue US dollars.
@@RoadstersRegistry The United States Economy is now in deflation process although the official inflation figure this month is 2.9%. For the first time, all discretionary items in the US CPI Inflation index are negative on average. Many people have noticed it. It’s just a matter of time that media start making news about it. Have you noticed that many people around you have stopped buying expensive stuff? Don’t worry about inflation anymore.
They don't import these products because of the tariffs.
The tariffs aren't working, that's why.
Your explanations are clear and straightforward. It's always an honour to have you here as a mentor, I appreciate you for the time being spent to educate and update us financially. Regardless of how bad it gets the economy, I still make over $28K every single week. I truly value Lia Lorenzo and her helpful guides.
Profitable trading requires experience, a solid strategy, and preparation, which many lack. Understanding buy/sell ratios, identifying market leaders, and diversifying are key to reducing risk.
Interesting! But I'm new here. Please, how do I connect with Lia Lorenzo? I would appreciate it if you show me how to go about it
She is always active on wats apk👎👎
She is mostly active on what'sapk👇👇
+1
Export restrictions eventually make China produce their own equivalent thereby US companies loosing. Also tax incentives to produce in America initially seems good but after the factories are built who will buy a product more cost to produce than an import? America should concentrate on high value products and services (not high volume).
Isn’t incentives kind of subsidies?
Ford CEO Jim Farley and CFO John Lawler took a test drive in a Chinese electric SUV in early 2023.
Both men were left shocked and impressed by the quality of the Chinese-made EV.
"Jim, this is nothing like before," Lawler told Farley. "These guys are ahead of us."
All tariffs will be paid by the local consumers, no whether which country impose it.
Crab experts. All I know my life much harder now with inflation caused due to those tariffs. Too politics in America!
Also focus on gaining access to markets that the Chinese want to buy from us like Lobster, Beef, Agriculture and probably Boeing sans 737 Max.
Not Boeing. Nobody wants Boeing anymore.
For non-Americans, there are zero Chinese EVs for sale in the US. The tariff hasn’t even gone into effect. Most of the Teslas in the US are made in the US.
He's saying it's a minor delay which is probably not going away. Full force hits in 25-26
When you are sparring you will realise that how strong your opponent is!
The tariff punch had a reaction that tickle their nerve that why!
But cant say till its resolved!
Justice delayed is Justice denied The whole country needs reform🤝✊Bangladesh🇧🇩🇧🇩🇧🇩🇧🇩please help us save students😢😢
❤while are US politicians so dumb 😮ohhhhh,and getting dumber by the day hour,
.god save American ❤❤
When this guy looks up to come up for an answer, he doesn’t know and lies rather than saying he doesn’t know. What a schmuck! Truth of the matter is EV cars made in the US, are too expensive and lacks any will from the public to support the infrastructure. Now if EV cars are cheap, like China is willing to sell at 10-15K than people in urban areas will gobble them. The big three don’t want to build economically priced EVs because they can’t make a profit big enough to pay out the huge salaries and bonuses for their greedy and inflated troop of executives.
Tf, why is he there? Cant answer any question
Let me tell what's holding up the Tariffs. It's graphite. China stopped shipping Graphite to the US. No Graphite, no advanced weapons or semiconductors. Come on guys.
USA tactics:
intentionally double or triple the price of a normal price ahead of time and than pretend promotion of 50% off.
Increase 100% tariff against China EV and later fall back intentionally without compromising real discount on negotiation
I noticed that with Kohl’s. Compare same stuff with other stores which are cheaper
I don't support battery-operated nerd mobiles
While US is complaining about Chinese subventions on "clean energy" cars, the US is subventioning US batteries for electric cars: "Do what I say, don't do what I do" politics.
Competition can be useful. A delay in tariff increases is not unusual. If individuals want to buy cheap cars, then let them buy them. EVs are hardly desirable and represent a tiny share of the auto market.
This indicates that US administration simply legislated their international policy at will without due study and analysis. It could be changed at will also. What a great government.
Don't be fooled by those people ??? Fair?
That’s a lot of waffling.
this economist has no statistics to tell, only based on perception. i can be the economist too.
US imports large quantity of China solar panels, increasing cost of solar installation, then affects inflation.
"Tariffs" mean…US shooting itself on the feet.
The expect spend almost 2 minute saying nothing to explain why tariffs were delayed. Hire another expert please.
Intel stock down 28% this morning. I guess the “carrot” is causing a diarrhea for Intel 😂
This is what happens when you want to believe in something so bad that you avoid answering the questions and always revert to your belief. In this case, sanctions will work and will not really effect the American consumer.
I wouldn't hire this expert to clean my toilet after I sprayed the bowel.
10% for the big guy before he leaves the office.
Haven't seen carrots for years, only big sticks😂😂
I'm absolutely sure there was some back-door negotiating and this delay is being used as a wedge for some other issue(s).
Disappointed in this expert's replies.
targeted sanctions are going nowhere in hurting china if developing countries aren't on board
The European union will soon do the same.
They are uncle Sam's any were you go we will follow no questions asked.
If you can't dazzel them with your brilliance, baffel them with B.S. .. i haven't seen any brilliance... only 100% of the other.
China should give up US's market and finds the countries；For example: Southeast Asia, the Middle East, Africa, Central and South America and Russia. The risk in the US market is too big.
Biden has been made to realize that there are ways around these tariffs that Chinese automakers can use, First, they could offer a lease/buy back plan that doesn't give title right away as an imported vehicle but a leased vehicle and later purchased. Another way is for Chinese automakers to construct or take over a US plant to build EV in the US. And another option might be to build a factory in Mexico, for example, and let buyers drive the car around Mexico while on vacation and cross the border with a used EV that now has a lower value.
What Biden realizes now is that China can develop and produce EV cheaper than the US and thus corner the world market for EV. US and EU automakers would be hard pressed to compete. Ditto for the Japanese and South Koreans. The US would be a laggard in meeting its carbon neutral goal.
One of the reasons EV are not that popular in the US is the lack of charging stations. China has almost 40 times more public charging stations (2.3 million) compared to the US. China also has nearly 5 million private charging stations.
"According to the China Electric Vehicle Charging Infrastructure Promotion Alliance (EVCIPA), as of the end of August 2023, there were a total of 7,208,000 charging infrastructure units (public + private) in China, of which 2,272,000 charging stands were public and 4,936,000 were private.Oct 3, 2023" (Marklines)
"As of Feb. 27, 2024, there are more than 61,000 publicly accessible electric vehicle charging stations with Level 2 or DC Fast chargers in the U.S." (PEW Research)
shio indudtry?
Tariff may not help Americans but it win election for politicians.
A simple i don't know would suffice. And then say these can only be answered by insiders.
But my guess is that bla bla bla... like only sending a signal to the chinese is sufficient to deter them from entering the US market because tariffs can be raised to 100% whenever they want?
Does it mean the lucky few who managed to import cheap cars from china can buy them without tariffs for now? Or must all imported cars be modeled with US standards?
America is on knees😅
He's a economist? And the tariffs been working?
He fumbled through the whole thing as badly as Biden's Economic adviser trying to explain the economics of US's money printing.
...and now I can get "these tariffs out of my head" 🤯
Usa is jealous of China
I hate EU for doing this two-faced nonsense as well. I was so disappointed. EU car companies have nothing to ofer and they dont even try. I dont like China, but i will buy there electric car since they did what must be done.
USA have a high per capita income……..so, they would need jobs to support the income.
Taxing cheaper imports is to make sure that the country only have expensive products to match.
The high per capita income is actually illusory.
The real figure would be based on price parity …..
Chinese students tend to do well at Western universities.. especially STEM subjects like electrical engineering. The race doesn't always go to the swiftest.. but usually it does. American business and consumers continue to support Chinese industry. Their country is fighting itself.. and it is a war that it cannot win.
US and China will decouple slowly in the next few years, there will also be a 1.7 trillion dollar gap once China get kicked out of US market That need to be filled with products from other countries or manufactured locally. Inflation will definitely sets in and things will become more un-affordable by the day.
But current there are no Chinese car being imported to US. It doesn't matter whether it is delay or not🤪 This is the lobbying from US car makers who want to use Chinese battery and other component in their cars
This guy repeatedly avoided to answer the question put forward by the host. He just kept on talking general effects which everybody knows. Useless guy!
I can't believe this guy is a so-called expert, the bottom line is we are paying the tariff, not China. The trade deficit widened under trump administration,not dwindling. When business pays more to produce, their overhead expenses will pass on to the consumers. Tariff causes inflation in what we have today. Who is this guy kidding.
I HAD ECONOMICS DICTIONARY ONCE THE LIBERTY FUND PUBLISHERS
Do they speak different languages? What are the answers for questions?
Seeing an iconic American brand like Dodge being taken over by BYD is tough.
BeYond Dorge
They just want to send the Germans to the frontline first and see if they survive 😂😂
Come on.. There must be better economist to interview.. Or the good ones don't want to follow DW's narrative?
Time wasring
How is this fella an expert? Lmao😂
Backfire Ahead
In contrast to the politically or innocently accused prisoners in Russia, not a word about the accused in the West, except of course one murderer?!🤔
❤the consumer get to buy Higher EV, and lower quality car😮ohhhh , CEO get bigger bonus ,what the problem ❤
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Another Chicken Tax... now EV's and parts in addition to pickup trucks.
If it puts Elon Musk out of business I’m all for it
The dude being interviewed doesn’t seem to know much…🤨😒
Sounds like the US doesn't even know what they are trying to achieve with these tariffs except that it is politically correct. lol