IMF Slams Biden's Tariffs on Chinese Imports | Vantage with Palki Sharma
HTML-код
- Опубликовано: 16 май 2024
- IMF Slams Biden's Tariffs on Chinese Imports | Vantage with Palki Sharma
A spokesperson for the International Monetary Fund criticised the tariffs announced by US president Joe Biden on imports from China. The IMF has said that trade restrictions will "fragment" the global economy, and that the US will be better served by maintaining open trade policies. The critical comments came days after Biden announced tariffs ranging from 100% for Chinese EVs to 50% for Chinese solar panels. In India, some exporters worry that cheap Chinese goods may flood the Indian market and affect the local industry. Even in January, Indian steel makers had lobbied the Indian government to hike tariffs on steel amid a rise in cheap Chinese imports. Palki Sharma tells you how Biden's tariffs will affect the global economy.
---
International Monetary Fund | Chinese Imports | Tariffs | US | Joe Biden | Firstpost | World News | News Live | Vantage | Palki Sharma | News
#internationalmonetaryfund #chineseimports #tariffs #us #joebiden #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories - making Vantage a destination for thought-provoking ideas.
Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
Subscribe to Firstpost channel and press the bell icon to get notified when we go live.
/ @firstpost
Follow Firstpost on Instagram:
/ firstpost
Follow Firstpost on Facebook:
/ firstpostin
Follow Firstpost on Twitter:
/ firstpost
Follow Firstpost on WhatsApp:
www.whatsapp.com/channel/0029...
Last year, I visited mainland China. Despite having magnificent infrastructure, affordable clean transportation, and safe, comfortable living, I found the Chinese people I met humble and not inclined to brag about their country. I keep saying that the cities in China are already first-world, but it seems that’s not what they think. They said they are happy with the government, and life is much better compared to the last three decades, but they still consider the country not rich.
Modi, we are the leader of the global south, we are a superpower, we are number one, we have reach space with our rockets🤔🤣🤣🤣
Not rich like billionaires, you mean. lol
Too many people sharing the pie.
@@stevenpreston5619exactly
US hypocrisy is mind boggling
I see IMF doesn't comment on Chinese limitations to businesses setting up in China to compete in China, the the businesses China bans from operating in China
Chinese subsidies have destroyed our industrial base over the last thirty years. Easy to bash the US…but try looking from our perspective. We’d like to maintain some of our industries. Automotive, mining/steel, computer chips etc. There is great risk with being completely idealistic. Balance is easier…in a peaceful world…I agree. Perhaps the successors to Putin, Xe, Biden…will walk a different path. We can only hope.
China blocks tons of US companies in many ways & requirements…screw the CCP.
Chinese deception and hypocrisy is way bigger than US!
Well said dear 😘 👏
Who knew that communists will be liberal on trade and capitalists will be resorting to protectionism.
Totally agreed. Likewise when comparing between India and China.....In term of development level, technological advancement, people living standard, freedom of education and movement and overall country status.
Talking about India capability to absorb or replace US's demand is pure brag or about India no. One again. Dun India has a sensible journalism by reporting news with more in-depth than unfounded threat of low cost Chinese high-tech products.
Palki is truly a nonsense journalist beloved in India. But firstly you need to stick your head in a hole to see the world and to believe whatever she has reported.😂🤣😂🤣😂🤣😂
China is communist only in name.
So China HEAVILY subsidizing it's entire market to gain all the market share possible while keeping its own economy mostly locked off to outsiders for DECADES is called what exactly? Couldn't be protectionism right?
Compared to USA, the “average” Chinese person is much poorer….
China and India practice protectionism liberally too.
Not sure most American understand tariff is a tax on American, not Chinese.
They don't need to understand. As long as their media say it is good, they will believe.
if the tariffs make the products uncompetitive, Americans won't buy it which means the tariffs won't be paid at all. I think that's the idea here
then why does it matter, why is everyone panicking
You are ignorant @@cinpeace353
@@WorldIsWierd If you are selling something, a third party is charging your customers a sales tax that you don't have part of it. Do you like it? Even though only your customers paying it?
This could one day happen to India too.. We should support China on this
it will soon if india gets bigger usa will automatically count india as "threat"
Exactly. When India rises, it will be next.
Exactly, India should make their strategy to counter them in future. Also need to stabilize relationship with china
Exactly. Indians shouldn't be grinning. If India were actually the 2nd economy instead of China, it would have been the victim of American threats. It happened to 'friend' Japan in the 1980s, with the Plaza Accord. I can tell you, the Chinese wouldn't be laughing at India's misery because they can empathize with former colonized countries.
India should make peace with China so both countries can be stronger economically with friendly neighbors.
America fought communist Russia only to become its gay version 🤣🤣🤣
Trans version!!
Ghey-sheviks😅😅
That's hilariously tragically sadly true
This is actual my funny as hell
Comment of the week.
Does the 34 billion to bailout the automakers in 2008 count as a subsidies??!! The hypocrisy is crazy.
Here we go again!! Government billing out the auto industry. Or in this case stopping competition from entering the U.S market…
That's a good point. American citizens will pay the tariffs again.
Tq Biden, you are no better than Trump. Sanctions means Americans had to pay more & poorer too.
It’s not only them. Even the EU gives like 1 billion euro worth of subsidy for EVs, in addition to other things.
Somebody tell her that there are no illegal subsidy.. Every country provide subsidy only the scale are different
Then...you accepted the point of USA... over subsidy is main issue here to capture EV market of the world....
She did clarify this point, watch it properly
@@expose8434Then she needs to use better and more balanced language. Not one that is riddled with biases because this Indian “news” channel has an axe to grind with China. It’s in their presentation, tone, and deliverance that makes it’s so obvious. And of course the cherry picking of data as well.
@@user-ot2nh8qb7dI agree Every News agency have their bias, agenda and propaganda. This one sure does. But your question was addressed by the news reader, that's all I'm saying.
@@user-ot2nh8qb7d wtf do you mean by cherry picking Chinese bot? You expect the Indian news channel to be soft and more balanced language with China which killed the Indian soldiers in galwan valley? Do you have an independent media at least? Can you not use VPN and can see RUclips vids? Bastard.
Subsidies? Simple logic. Compare the cost of living in China and that of US is a world apart. Things are far more cheaper in China, so things produced will also be cheaper. The Chinese government need not subsidize it. It's the economy of scale. Automatically it's gonna be cheap.
Because there are far more people in china and more importantly more people to do work for a very cheap price.Like what a garbage man in the US makes is just slightly less than what a junior engineer makes in asia
just bcz they managed to cut their cost of living price, they will have to pay otherwise ? 😂😂 not a common sense nomics
In the state my family lives in there is almost nothing made in US. We need imports.
US subsidizing everything around as well.
No you fool, China needs to import all of the materials to build these cars. China has to use USD to pay for those materials because nobody would take their garbage tofu worthless Yuan. China saves some money using their slave labor and paying manufacturing workers less than $1/hour, but their productivity is extremely low so it's a wash. The only way they can compete with U.S. and western companies is by heavily subsidizing the manufacturing. American companies are far more efficient than their Chinese rivals. Just take Tesla for example. They actually pay their workers far more than BYD and give them benefits that BYD workers can only dream of. Tesla still makes a massive profit on each of their cars sold while BYD loses money on each car without the subsidies from Beijing. Not to long ago they had a price war and Tesla lowered there prices twice and BYD to get the CCP to force Tesla to stop because they couldn't compete with them. Tesla made like 25% profit per car while BYD lost money without the subsidies. And BYD is China's flagship EV company. You can clearly see how Tesla is far superior to BYD in terms of running the company.
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the Dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.
With my demanding job, I lack time for investment analysis. For seven years, a fiduciary has managed my portfolio, adapting to market conditions, enabling successful navigation and informed decisions. Consider a similar approach.
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation.
Kristin Amy Rose is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.
This is called US' International Rules based order.
😢😢😢
The US makes the rules and orders everyone around
The U.S. runs the world and makes the rules, so they can break them. China needs to stop causing all of the world's problems and do exactly what the U.S. tells them or they will be sanctioned out of existence!😂🤣
The U.S. runs the world so they make the rules. That means they can change the rules as they see fit. Now China needs to stop causing all of the world's problems and do exactly what the U.S. tells them of be sanctioned out of existence! 😂🤣
CHINA subsidies go to their industries. USA subsidies go to Israel and Ukraine.
The defense industrial complex is looting your country since a long time now
One would ask whose interests does US government serve.
10% goes to the Big Guy
In 1980S they did the same thing to the Japanese car,and we are not surprise they are doing again to the Chinese car.In their mind if they have the advantage they want free market,if they are far behind, they will take every excuse to ban the competitors and protect their own industry.But the truth is even the tariff is 102.5%,the Chinese car is still cheaper and better than the American brand make in U.S and the U.S company still needs to import batteries from China.Only the America consumers hurt.
Problem is, china is a sovereign country with the largest consumer market by far. And of course it has nukes.
The United States imported approximately 70,000 made-in-China Ford, Volvo, GM new vehicles in 2023 (By the way, China exported a total of 4.91 million vehicles in 2023, the United States only accounts for 1.4% of China’s auto export market share in 2023 and almost no chinese brand ). No Chinese domestic car manufacturers have taken the initiative to officially sell their cars in the US. 102.5% tax on Chinese EVs， Go ahead. That must 'hurt 'China a lot, LOL. The US is not the center of the world. 30 094 767 new cars were sold in China in 2023 ( 8.1 million of them were electric vehicles ) , meanwhile only 15 604 278 new cars were sold in the usa (1.4 million were EVs).
The US is expected to subsidize Tesla with $34B between 2023 and 2030. This isn’t even including the other subsidies that Tesla is going to receive from previous policies. Meanwhile, the Chinese government has subsidized BYD between 2018 and 2022 with the whopping massive amount of $ 3.7B.
So the American company got subsidized 10 times more than the Chinese company, out of the $119B in battery subsidies GM got about $21 B, the truth is the US regime is subsidizing their electric vehicles way more than China is.
On November 30, 2023 GM announced record $10 billion stock buyback, more than it’s spending on UAW raises- as its electrification push stalls (Source Bloomberg). That share buyback from General Motors was just q4 of 2023, $10 B, they get $20B in subsidies and they spend $10 B giving that money back to shareholders. The money isn’t going to innovation like it should, the money seems to go these bloated bureaucratic corporations where they take the money give it to shareholders or give it to executive bonuses or management teams that don’t know how to build a car, get so complicated convoluted they just can’t do business competitively anymore.
They don’t need to, instead of being forced to be competitive, being forced to actually spend the money on R&D and producing a high-quality product, they just put a 102.5% tariff on anybody that they cannot compete.
CH.I.NA DOES NOT PLAY FAIR. AT ALL.😂😂 Why talk to those idiots who keep cheating the system and make other countries look like fools? NEVER TRUST the corrupt C.C.p!!!🎉🎉
They just chicken out n have no ideas on how to compete anymore . They killed globalisation
We are decoupling from China. American investment has also been leaving China. It's that simple. Chinas support of Russia was the last straw. The automakers are leaving China. Apple has been downsizing operations in China. There is empty factories everywhere. We are leaving. The last Chinese trade show most American and European businesses boycotted it. We are leaving. Get a clue
Stupidest strategy ever to make road transport for expensive and keep many incompatible obsolete small batch vehicles in production.
Nobody in the U.S. would ever consider buying a tofu garbage Chinese EV anyways. Even if they sell that garbage at half price. The problem is that China forced Europe into importing their trash EVs and we need to stop that. China's economy has been collapsing for some time now and nobody in China is buying any cars. They are trying to dump that tofu trash in Europe for anything that they can get for them since they already manufactured them... We need to hurry up with this China decoupling. This should have been done 15 years ago. China has been good at 1 thing, infiltrating wall street, the business community and even some smaller politicians. They are like a cancer that has been slowly harming the entire civilized world. They built their entire economy on stolen western tech. They steal $600 billion USD a year in IP theft from the U.S. alone... It's amazing that they were allowed to get away with this for that long..
China doesn’t sell EVs in 🇺🇸
Exactly. For this reason. Why bother?
@@crhu319 Pure electorial move. He first announced it when he is in Michigan where Detriot is and where the car industry is. Whatever he will do in the next 6 months is going to be for the election in November.
And they never will. Nobody in the U.S, would buy that tofu garbage. They need to get rid of them in the EU. China overproduced a bunch of EVs and since China's economy has been collapsing, they aren't selling any in China. They are trying to dump this garbage in Europe at far below cost because it's better than getting nothing
Simple words: IMF don't want crazy thing happen again to world economy
IMF wants crazy things to happen always.
@@expose8434 IMF reached unbearable level over crazy things happened recently.
@@user-wu3uu5sb3g IMF was in US control, now China and Saudi will control and do worser
1 trillion usd per 100 days
That's because the world economy has become bad, and the IMF's loans to backward countries will not be recovered.
Even if the US, as the largest shareholder of the IMF, is not worried about losses, other shareholders are obviously unwilling to accept losses.
Its not just about china ,it can happen to india too , international trade law must not be crushed for political reasons or per say dirty business tactics
Exporters don't care as much as before because American people pay for the tariffs, the only problem is it will push up inflation
Damn, for the first time Palki didn't say anti-China things
she never says anti-china things. she simply speaks the truth and facts. now if the truth is anti-chinese narrative and propaganda then it's not our fault.
Because India is making business with china
She still got the Chinese subsidies wrong. Chinese gov't stopped subsidies on EVs 2-3 years ago. The lower car prices are the results of manufacturing efficiency (process automation) and low costs of components (due to complete local supply chains).
Well, the US steal the thunder here.
Wrong. She commented about Chinese companies unfairly getting government subsidies. You need to listen to the video again.
Oh i didnt know that IMF is Alive 😂 .. pwe! Dont believe chameleon .. IMF is US and West 😂😂😂
IMF is a tool of the western govt
The commentator is always speaking
against Biden. I think any country can say what it wants especially
when there is necessary wars they have to support. I'm for
America and the re-election of Biden
Not the opinion of people in other countries.
What's happening to america, once upon a time America is very powerful in IMF, but slowly China occupying americas position
china bribes IMF,UN,UNHRC,WHO all these organisation are bribed by china ...what happened in corona WHO did not uttered a word against china even supported in every situation
America remains very powerful in the IMF and China is nowhere near occupying America's position as a leader. I'm not worried, but you seem to be. Long live the west!
They have a weak leader.
@@pritsingh9766 More like others (like China) has _'a strong leader.'_
more like america stopped being for americans
A $20,000 EV is still one of the cheapest in the US - might be astronomical to Indians though lmao
We make our own evs btw and also we have these sort of tariffs since ages.
@@urdailygamr9229Jai hind
Then why does India have 83/100 of the most polluted cities in Asia? 🤔
Nodody would ever buy a tofu Chinese garbage car for $20k in the U.S. We would rather buy a 5 year old used car with 50,000 miles on it. It will be far nicer than the Chinese garbage and last much longer than the new Chinese trash.
I thought
IMF = USA are synonymous
They sort of are but there times when the IMF rebels against US specifically with what palki mentioned the tax reduction on EV they left Europe out and they don’t like it .
if you believe on bots and trolls, it is. Like the other comment.
US be like:- Meri billi mujhi se meow 😂😂
But they are. The IMF will make noises like these from time to time but they will never ask the US or European countries to cut back on welfare expenditure. On the other hand, their reports on developing countries are always suggesting to remove subsidies on essential food items and utilities like electricity.
@@pritapp788 They have never told anyone to remove welfare, even in poor countries. They have told some European countries like Netherlands to remove some food and agricultural subsidies not just poor countries. Keep in mind that they cannot force any country to do anything, it's just a recommendation but where they get poor countries is when they ask for loans, then they start putting conditions. But not taking the loan is also an option 😁
But there are no Chinese EV selling in the us currently so who are they taxing 😅
Ssshhh. Don't tell the American public. They're happy listening to their own propaganda.
There's going to be soon, Volvo XC30 (I think that's the model). Because Volvo is still Sweden brand nominally.
The truth is if India made those good EVs then they would have imposed tariffs of those EVs also. The true face of "free market"
Then it would have only equalized with the high Indian tariffs on automobiles in general
💯
Man, no one cares about India...you guys are always trying to interject India into the top countries conversation...India isn't relevant, they don't do anything!!!
India already puts high tariffs on foreign cars so that TATA and Mahindra cars get a boost. This is the reason why Ford, Chevrolet, etc had to leave india. But even after tariffs, Indian cars fail to compete.
So you Indians have no right to make that comment or else it will be hypocrisy.
The USA can’t keep up 😂😂😂😂with the Chinese 😂😂
Yeah can't keep up with illegal subsidies😂😂
@@user-je7pc2mp5e Subsideies is the country's own problem. It's like you giving money to your kids and your neighbors get jealous
@@nsalleh9493Then your neighbors brings a strategy to counter that and you cry foul 😅
Very difficult democratic countries to do so.
The free hand doesn't exist in the "free market economy " strange 🤔🤨, but its usa China beef at the end of the day
Why is her title "Biden China tariffs worry for India?" What does this has to do with India?
Indian right wing medias always inject themselves in headlines to appear important and significant.
US may hassle India to do the same and tariff Indian goods when India prefers cheap transport.
What about the Agricultural production subsidies of Europe that have been challenging agricultural production in global south for the last half of 20th century, turning deaf ears to WFP's constant appeal to stopping the subsidies?
In the US they don't call it subsidies, they call it ACTS.
“The concessional import duty policy is linked to actual investments in that sense. BYD does not come into the picture because it will not be able to provide FDI commitment that this EV policy needs. Because FDI will require clearances, BYD is, in the sense, out. Meaning, if it has to come, it will have to pay the existing duty of 70 and 100 percent,”🤔that is quote from Indian government on BYD🙄how are you not running a protectionisim based economy when you are doing the same thing and even worse Indian government now uses nationalism to impose more tarrifs on Chinese goods as a means of subsidizing their economy 🙄tarrifs is just a sneaky way of increasing tax on your population without actually increasing tax 🤭
This explains why BYD chose Mexico as one of the 1st countries to launch their pickup truck. Right next door to the 🇺🇸.
There will be Chinese EV factory in Thailand and Europe. No Chinese EV is selling in US anyway.
US wants to sanction meixco now for having a BYD factory in their country. i mean everyone could see that coming from a mile away lol.
I think them cheap EVs would help a lot of Americans struggling now with the over inflated car prices now.
चीन वर्तमान में US का टारगेट है,और भविष्य में भारत होगा।😑
Watching the self destruction of a Supernova ...
.😅😂
So what you failed to mention is that the US gives those subsidies to american buyers for american cars Chine is subsidizing the China made to the entire world. Huge difference,
With the tariff that's still less than many tesla 3 2020 models lol.
you are right 20k vs 40k
😂
Are you seriously comparing chinese things with a tesla it's like comparing a toyota to a ferrari
@@urdailygamr9229 toyota sells in million volume and no. 1 corp in the auto industry, Ferrari sells few hundereds
@@urdailygamr9229 Problem is Tesla is not Ferrari, and it's not necessary better than Chinese EVs. BYD also has luxury models like Yangwang U8, which sells more expensive than Tesla.
When dead man dream to rule with jungle from his garden😂😂😂
Good morning Mr Wang Yi Thank You ❤️🇨🇳🦾😇
What about 75% tariff on chinese ev imposed by India. Is it also protectionism palki?
Palki reports are scripted by anti Chinese propaganda.
So if India considers the Chinese economy being almost 600% bigger than their is collapsing. Does this make the Indian economy strapped on life support? As a proud Indian🇮🇳, I really love ♥ and have a lot of respect for the incredible work of Palki Sharma super interesting video *How British looted 45 trillion from India* which is as a masterpiece of the highest quality. Its content is truly inspiring and I thoroughly enjoy watching it. The dedication, talent and hard work poured into the video are greatly appreciated by many. The Indian Union Public Service Commission has also deliver a remarkable report titled संघ लोक सेवा आयोग *How Britishers killed 1.8 billion Indians. Chronology of British Raj's exploitative policies* | UPSC," is equally astounding. The Indian government consistently produce insightful and thought-provoking articles of the utmost caliber. I sincerely hope they continue to produce such captivating exceptional work. Can it even get better than that? They deserve an award for best report of the year. Thank you for telling the truth and all the best
Winnie the Pooh 🐷🐷🐷
Most Indians love the british people.
Yes it is.
STOP SPAMMING THIS COMMENT ON EVERY VIDEO
Very obvious bot
Biden is absolutely right , Same import duty is in india too.
Import duty on cars varies based on the CIF (Cost, Insurance, and Freight) value, with a 100% customs tax for values over USD 40,000. For used vehicles, the import tax rate is 125%. 2. The vehicle needs to be registered at the nearest RTO in India.
20k is still cheap compared to tesla
if the tariffs make the products uncompetitive, Americans won't buy it which means the tariffs won't be paid at all. I think that's the idea here. And such ideas are good to promote local products which americans can buy for cheaper prices which will employ more americans too and contribute positively to the economy. He did well for his country by making such decision
initially it will be, but without open market competition the risk of few companies internal arrangement to create monopolies is too great, prices will still sky rocket
Do American consumers have a choice if all they can access is overpriced American vehicles?
Americans can buy local products for cheaper? If the prices of foreign goods are inflated through tariffs there is no reason for American companies to slash their prices. They will keep their prices as high as possible to match the tariff inflated prices of foreign goods. The objective of American companies is to make as much profits as possible to please their shareholders, not sell as cheap as possible to please the American consumer.
Just one question. Where did you take your economic class? I will tell my kids to avoid that school at all cost.🤣🤣🤣
I find it very annoying that India and china can’t sort out the little skirts they have and work on broader world issues where they would rule
But no let’s keep putting each other down and see the west smile as they watch
China and India are diametrically opposed to one another on virtually every issue, be it economic, geopolitical & security, or values. There is thus very little scope for cooperative effort.
Why would anyone complain about buying cars "too cheap"? Does anyone complain about buying oil "too cheap"? Food? Gold? Anything else?
If China's "subsidies" are actually losing China money, then the obvious correct move would be to buy all of them and re-sell them elsewhere for the "fair" price. If, however, China is not actually losing money on car subsidies and is able to produce cheap cars because of their amazing logistics and manufacturing capabilities, then shut the fork up already.
Miss Sharma provides a balanced view in regard to how US and China provide subsidies. The core conflict is a US that is fighting tooth and nail to retain its current #1 position. The hostility China is facing now will just as surely confront India when India reaches its projected position to be a similar economic threat to the US.
The US is not interested in a balance of power .
once u move up from pet status to peer status....hostilities will commence by the very fact of ur existence, ie, whether ur do good or bad is irrelevant
Before Trump, China had 25% tariffs on Cars, when U.S had 2%. The IMF said nothing back then.
Singapore has even higher tariff on cars, but for a very different reason.
That’s part of the WTO agreement.
25% is not 105%. Don't try to get smart and deflect.
@@hpw-ws6bj it is 105% because China does not play the fair game by public funding their car makers
@@larryholou tariff depend countries to countries.
Does the US not give subsidies? So the hypocrisy is unjustified.
it is not called subsidies in the US case....but rather patriotic investments to benefit the workers
We don't need cheap Ev's, if and when we need only inexpensive cars, that's different 😢😢
Great video, shared !
I don’t understand foreign cars have 150% tariffs in china so wyh not the other way around???
fact check this.
Because US and EU cars are bad, Chinese cars are good. So it's best for everyone if there's just no US or EU cars.
That's how you justify that? With make up numbers?
@@crhu319 Lol, it just shows what garbage they make in China where even Chinese people are willing to pay 150% tariffs to not drive a Chinese tofu piece of garbage. 😂🤣
@@crhu319 🤣🤣🤣 all rich Chinese buy western cars for safety🤣🤣🤣
East India Co.was sponsored by the British government 😂
federal reserve is actually a private entity 😅
India does not have to buy, right?? Hello 😊
Well done IMF!!!
So us the people getting cheap stuff is not fair? This woman crazy😂
She is just reporting with little bit her own take....Name one news channel and anchor in news media all over the world don't do that...just name one...
INDIA WOULD DO THE SAME IF THEY WERE IN AMERICA'S SHOES!!!
India MUST do same .Every one who loves his country must support his country's manufacturing industry .
India already does it to protect TATA and Mahindra cars.
@@pritsingh9766 then every country ought to only focus on their domestic market then, and forget about international trade. Now if that is the policy you're driving at then what about the raw materials necessary for the construction of those vehicles that cannot be sourced in your country? What about the semiconductors, the rare earth metals, the technical know how, the potential profits from international trade that could be used to provide even more jobs? Protectionism is ridiculous because if every other country decided to be protectionist, those companies that are trying to be protected will still ultimately go bankrupt, and that's why there are rules overseen and enforced by the multilateral watchdog "the world trade organization", unfortunately the larger economies always feel they can break those rules largely because the global economy is largely dependent on them.
We are already doing that dude.. The reason import cars are so expensive in India is because of such tariffs on CBU cars.
@@user-je7pc2mp5enah only if they are imported, if they manufacture it in India then no import subsidies.
I like how China responds to the United States with poise, resilience, and determination .
Lol, China gets slapped around by the U.S. all the time and just cries about it because that's all they can do😂 Remember when China made all those empty threats if Pelosi visited Taiwan and the U.S. laughed at them and sent her anyways. Then China did nothing because they are a pathetic paper tiger and the U.S. owns them😂🤣Bow down and kiss the feet!😂
Pollution from mining materials to make EV & electric power generation from diesel, petrol & gas are not addressed
Madam Americans and Chinese Government and Companies have to think about their country not about our country so it is better that instead of finding faults with others we learn how to take advantage of the situations.
No more taxcuts on EV...
US logic of Fairness,“ You should follow the rules made by US and if didn't follow then you are unfair ”.
Anything that US do is right but same you do, then it is wrong. US also provide a huge subsidies to their tech companies which destroys the compitition, what about that???
Nobody understands free trade
Us 😂💩
Jealousy is normal when you are from a country who can't even make an Operating system in 2024.😂
@user-je7pc2mp5e and defensiveness is normal for a superpower on a decline lol
@user-je7pc2mp5e and defensiveness is normal for a superpower on a decline lol
@user-je7pc2mp5e and defensiveness is normal for a superpower on a decline lol
@user-je7pc2mp5e and defensiveness is normal for a superpower on a decline lol
For the first time in many decades, suddenly IMF cames to its mind.
When the world population is decreasing & natural resources become rarer, the only solution is multilateral economy.
The country which introduced free market economy to the world was the US.
free market for US to dump their products and control the world. Once US is no competitive, no more free market for everyone else.
For the sake of World peace it is important to control unfair business practices of china. Remember china only got aggressive since the time it become economically stronger and any further boost to its economy will result in Taiwan invasion. So if the world wants to curtail the china’s expansionist policy Economic control is the only way. Every penny the world is paying to china by buying its goods is helping china to buy more bullets and missiles. The Saving made by buying cheap chinas good is paid in double by countries needing to expand their own defence budget and also supporting the social welfare expenditure in their own countries resulting in job and business losses, unemployment and social uneasiness due to cheap chinese goods. What seems to be a Saving is actually a very lose making proposition in the long run. This has been evident in the last two to three decades where chinese economy has grown many fold while economy of other countries is not growing at the rate it should.
Fair and balanced comment
Muscular move😂😂
Forgot Chinese balloon
The Vulgar decline of the USA oligarchy dictatorship regime 😮
Love this video!
The government should put their citizens' interests first.
Haha. Pigs will fly.
Damn,,,she doesn't like China,,,,
India and China
It's not news.
why hate the peoples choice china is best friend of us africans
Yes, it's true, but not with us@@acoportg1243
China always hated by world nation.after its deliberate biowar after 2020
India is doing the same thing, I wonder why she is criticizing the US. Every country is trying to protect its local manufacturers.
She didn't criticize US ,maybe she wanted to point out the fact that whn India does same, US start crying in the WTO .PLI scheme of India was heavily criticized by the US .US government even criticized Indian government doing same with laptop imports .
The difference is that some countries admit they have to protect their manufacturers, but the US says that we adopt free trade but accuse the competitors playing unfair game, overcapacity, dumping, .government subsidies, human right, slave labour, genocide. Blatant hypocrite.
She would never have the courage to criticize the US on her show.
US gives tax cut for domestic consumers but China subsidizes production for exports, which is a different approach
Thanks For The Update My Favourite Vantage We Take On The World!
Palki palki....its not subsidy that made ev cheap in China...all the european ceos in China said its competition among the 100 or so companies making evs n labour competence n efficiency that brought the costs of evs from China down.
I thought she was going to say US tariffs on Made in China would accelerate the relocation of factories from China to India, thus paving the way for India to replace China as the factory of the world
Shifting manufacturing isn't that simple job, it takes tens of year for establishing a mega manufacturing capacity
Even your thoughs are being controlled by sea pee pee
India is very slow to respond...Bought a Canon inkjet printer and it's made in VIETNAM, not India.
😂😂😂😂😂😂
She’s starting to know thats not gonna happen
MDM Palki, please tell us how great your country and don't have to worry about others countries
A $20,000 Chinese EV might still be viable in the US if it's decent quality. The nearest price point here are the Nissan Leaf and Chevy Bolt, which start in the 20K range.
😅😅😅 space x owner reaction.. Make in china dump in us
This is a recipe for disaster
Now you understand the meaning of free trade.
Its not butter. It's Palki😂
Don't allow Chinese EVs into India even if they set up factory in India. This will seriously hurt Indian companies.
indian companies must gear up too... more competition = better for consumer.
Only China has ability to establish an EV supply chain for India.
why India don’t make anything but they’re imaginary industries
@@mastertrend4685 nonsense
@@Cotswolds1913 which smartphone are you using
Today China, tomorrow India.
true. usa wont let any country surpass them .be it india or china
@@rindrind-xp6ly because it’s best for the world that the U.S. is number one. U.S. is the one who should lead this world.
@@mirrorocean3852 maybe for you. but the majority of the world especially the global south suffers and always suffered under US leadership. but things are slowly changing now. new players from the south are rising and are offering an alternative to the US dictatorship of the world
@@rindrind-xp6ly ...what alternative would that be? Russia's alternative, China's? I'll pass on either of those countries trying to lead the world! China puts the heel of it's boot on all of the weaker countries in Asia... And they will leave the Continent of Africa "without a pot to piss in" by the time they're done with them, but notice whom they're afraid of!
@@rindrind-xp6ly The global south has never seen a better period than the one of US leadership, including China. Doesn’t mean US is entitled to lead like the other commenter states, but it has been an extremely successful period for the global south and the world as a whole. It could have been more successful for India if it were not for decades of the License Raj, if India had shunned the USSR & integrated with the global economy sooner.
IMF = I'm F..ked 😂😂😂
chinese evs dont even come here anyways.... lol
And everyone wonders why inflation is going up 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
The US government just love a good old fashioned inflation.
It's unfair but it's not illegal.
What about US subsides on computer chips? Is that illegal?
Palki Sharma needs to visit China and drive the EV cars instead of riding a bike cycle in India. What is about ? China ? USA ? India ? Or Palki ? I know Palki love China and Chinese people. 😘😘 2 Palki.
EV adoption is extremely low in India due to the scarcity of charging stations and above all, due to poor standards of living. India has one of the lowest car ownership rate in Asia
EV adoption in India is actually not too bad. It is just it is 2 wheels instead of 4 wheels.
In Brazil we have many BYD cars and we are already experiencing reduction of pollution, and our air quality is getting better.
India threw out Ford with high tariffs to boost TATA and Mahindra cars. Yet they failed 😂
@@user-je7pc2mp5e lol who said tata and Mahindra h failed product? We have 12 month waiting period for their cars 😂😂😂 Mahindra launch 3xo car. Within 1 day 50,000 bookings done
What the fuck is illegal subsidies?
Yes. It's like we are taking their fucking money and fuck our industries. They get fucked off
How many of these Chinese EV's is India accepting and if they are what are the tarriffs.
Forget about EVs.
India needs cheap and reliable toilets.
People don't realize that up until WW2, most tax revenue for US government came from tariffs.
Free trade has only been a thing since the 60s.
As long as india have reporter like palki, I do not need to worry about my investment in China, it will only go up 😂
Good ,invest in evergrand then 😂
China's stock markets are doing great again. @@pritsingh9766
seems like, well developed chinese bot, comments humanly
@@pritsingh9766 Still better than anything than Indian
@@cryptohornbill9658how's investing in a bankrupt company better, dummy?
First Comment 😃 Great job Palki maám .....Big Fan.
She is politically motivated and is owned by Indian far right businessman Ambani
Still better than left extremist @@LordHilpolithRothschild
@@LordHilpolithRothschild still you watch her opinions ??
The 😂 US o lord 😂 fighting every single person, starting every single wars but the citizens don’t see it
US tariffs against Chinese goods means that American businesses and consumers are paying higher prices than other countries, thereby handicapping them against their competitors.