HYPOCRISY: Biden FLIP-FLOPS on Tariffs, Tacitly Admits Trump Was Right?
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- Опубликовано: 14 май 2024
- Briahna Joy Gray and Robby Soave discuss President Biden's new tariffs on Chinese goods. #Biden #China #Xi Jinping #Tarrifs
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Biden: Trump can't beat me if I become Trump!
Biden: Trump 'pause'
(Oops teleprompter telling me to pause not say 'pause')
Biden: 'can't beat me if I become Trump!"
Biden is going to Build the Wall before Trumpf can come in and build it. 🤣🤣🤣🤣🤣
😂😂😂😂 literally!
Correction: I can win if I adopt more popular policies.
🤣
Tariffs don't fix the underlying issues, they don't make American products more competitive, they just make everything more expensive for consumers.
exactly 👍
It also disincentivizes technological progress in US companies.
That's because the purpose of US production is profit maximisation. Period.
I want an apology from any politician that supported NAFTA, who now supports tariffs. The gaslighting is strong with our "representatives"
The United States deserves an apology from every politician who supported NAFTA. Full stop.
@@AstralAquarium How will that help??? Makes you "feel" better???
@@will7its Because when you take actions that destroy millions of lives to enrich yourself, you should apologize. At least there would be some recognition of their mistakes.
@@AstralAquarium So nothing will change but you will "feel Better".....lol Powerful people never apologize, that would admit a mistake on their part. Its not going to happen, just so you can feel better....lol
@@will7its Yes, it's true. Powerful people never apologize. But they should. I see you ended you post with an "lol". What is so funny about this?
“Let’s apply a tariff so the government that cant manage money can not manage more money and continue to watch prices rise in America.”
Bri doesn't seem to realize that our federal regulations are what make our cars so expensive..
no, the issue is tariffs and protectionism in the USA, the USA hates the free market unless its advantageous to them. Ford and GM is also failing in Europe, Japan, and China as well, who doesn't have the same regulation. They've been protected by big daddy for so long they forgot how to compete.
Why would we want any regulations on the most dangerous part of our daily lives?
Along with the unions.......
Somewhat, yes. Is it majority of the reason for expensive US BEVs and affordable Chinese BEVs? No.
And labor. Don’t forget labor is a huge part of the problem.
Let's see what happens when you create a nation that depends on the exploitation of populations globally and isn't allowed to be honest because that would mean bankruptcy.
The left eventually gets it “right”🙈🙈😳😳
i prefer getting it up lol
After exhausting all other possibilities......
So you consider yourself on the right, and you're backing higher taxes on imports? Trump and Buden both got it wrong
@99browndog. You are right. Most people are so easy to lie to.
Whatever happened to the "Free Market"? Why can't America compete with China without tariffs? It's almost as if capitalism doesn't work unless it's authoritarian to benefit the US oligarchs. 🤔
Ehhh our market in the USA isn’t exactly free.
I would also add that the biggest benefit of imported Chinese goods is the US consumer and the US companies that manufacture their goods in China.
Most Apple phones are made in China, they sell for roughly $1000, China probably make less than $5 per phone.
The art of the Con.
It's an election year. So "act tough" for re-election to maintain the current status quo.
Not to mention that nobody wants to account for what to do with the batteries after they've been used. Evs are a band aid or even potentially a lateral move for the environment.
Thank you! So many people don't realize that both mining for resources used in e-vehicles and the disposing of them is extremely detrimental to the environment!
YES! No one wants to address this! Until we have the infrastructure in place and a way to make the batteries longer lasting and safer. What is the point?! The grid system in the US cant even get through a hot summer or a cold winter!
You're assuming that the batteries will survive until they stop working. It's quite likely that they will catch fire and spray their toxic material into the environment (while also burning down your house).
How about the fact that most people do not want e.v.s 😂 not even rental ev.s are popular 😂.
you're just wrong, look at EV sales by year, then get back to me.
@@frontlinewitnessYour sales are missing the fact that hertz, just recently, had to get rid of their fleet of electric vehicles as very few wanted to rent them.
@@RBMastersinc Again, go look at EV sales by year and get back to me. I did a whole thesis on it in university dude.
@@frontlinewitness And go look at literally what happened last year with Hertz. Then get back with me.
@@frontlinewitness Also, your information is old as based on the first quarter of this year sales are down for EVs. It was much worse in the 4th quarter of 2023.
they're missing the bigger question - why is there not enough profit to support manufacturing in America?
Ask Hunter.....
CEO making $20M a year
@@davidwong5197 He splits it with Joe.....
Chinese President Xi Jinping, who assumed office in 2012, set an ambitious goal of lifting the remaining 100 million people out of poverty (BBC).
According to the World Bank, over the past 40 years, the number of people in China with incomes below $1.90 per day - the International Poverty Line as defined by the World Bank to track global extreme poverty- has fallen by close to 800 million.
By 2012, the number of people in China living below the international poverty line had fallen to fewer than 90 million, and by 2016, it had fallen to 7.2 million people (0.5% of the population), BBC.
By the end of 2020, the final 98.99 million impoverished rural residents in China had all been lifted out of poverty.
All 832 impoverished counties and 128,000 villages had been removed from the poverty list.
A dollar ninety per day??? lol
@@will7its You can write to the World Bank and laugh at them for THEIR definition of $1.90/day for the threshhold of poverty ...
And teach them yours.
@wimkl7its. You obviously have never heard of purchasing power parity.
Only took him 3 years to figure it out... let's sign up for 4 more years of incompetence... orange man bad! 😂😂😂 you guys are 🤡
Bri, what product is cheaper to produce in the U.S. than China?
Her complete ignorance of basic economics is wild.
Let's apply a 100% tariff on Chinese EVs. Those EVs that we don't allow in the US because it will destroy the American car industry.... my head hurts.
Mostly because they aren't as safe as AMERICAN vehicles. They can be bought, but many can't be licensed in the USA. Because they're unsafe
Well. Let Biden be the strong man. My head hurts
Yea. Aint no one and i mean no one equate Biden and strong in the same sentence. Not a fan of trump but makes more sense there.
If they are so concerned with the "Climate Crisis", why are they making expensive EV's more expensive ?
Trump and Biden could do the exact same thing, and Bri would find a way to make Trump look bad and give Biden an excuse for it
They criticised both on their plans
@@reneforde390 god bless you
Bri don't you know cobalt for those ev batteries is mined by children in the Congo. To their death, they mine it. Bri, why do you hate Congolese children?
I mean, you're contributing to the problem as well, your TV, phone, PC screen, keyboards, mouse. Anything with integrated circuits, jewelry, drills, all contain cobalt.
Its gonna be a bloodbath..
This will seriously damage US economy.
Hopefully you Yanks do realize this.
Crazy thought, but stay with me. Chinese EVs have a lower sale price because manufacturing costs are 40% lower than in the U.S. Go ahead and blame greedy U.S. automakers for focusing on luxury EVs or poo poo tariffs that make imports more expensive for consumers and protect U.S. industry & unionized workers, but that won’t change the facts. China has a competitive advantage from: $29 billion in corporate subsidies & tax breaks; forced/repressed labor & wages; LFB battery production; rare metal mining controls, and largest refining capacity. Even if the U.S. was a state-capitalist economic system that was able to take sweeping industry wide action today, we are two decades behind. Buy an American EV if you can afford one. If not, buy a Chinese EV. Just don’t pretend like we are going to even the playing field.
Finally, tariffs! It takes him three years to figure it out .
How does two college educated people not understand government subsidies
Lexus does not make a BEV.
Bri just makes some things up.
What happened to the Hybrid? That’s the perfect solution along with drilling more oil..
Robbie doesn't seem to understand that there is no alternative to China, at least not at scale.
Hundreds of companies have tried in the past to diversify away from China as a political risk management measure, AKA "de-risking". But it's rarely ever worked.
Even if they move their operations to lower cost countries like Mexico where wages are less than 1/3rd of those in China, their overall production cost still ends up being higher. Wages just aren't a large portion of the cost of production for most complex consumer goods. For a smartphone, the cost of labor represents less than 5%.
Yeah, People don't want EV's, they want to go back to the Horse and Buggy days🤣🤣🤣🤣🤣🤣🤣🤣
I'm happy in just a regular car
How frustrating… looks like we adults back in the room.
That's the point. Buy American.
Not only is Biden making it more expensive to purchase affordable ev's the cost to maintain and operate an ev is not cheap. If you live in areas where electricity is extremely expensive it's not an option. Imagine only having an ev and you were in Texas when they were charging hundred to thousands for electricity.
So where is the Chinese government getting all of this money that allows them to heavily subsidize everything? I haven't heard about them running up trillion dollar deficits every year. Have they invented currency printing presses that don't create massive amounts of inflation as a bi-product?
I would consider buying an electric vehicle if it only cost $10,000 but I wouldn't be caught dead in a hideous cybertruck.
Will our strategic ambiguity apply to semiconductors manufactured in Taiwan?
WHY can’t we just make everything here? Seriously.
Do you mean 'why don't other people make everything here?' or do you have some factories?
@@vicnighthorse It was more a response to Robby. He said a few times, "We can't make everything here." That's unreasonable. Why can't we? It would create jobs but more importantly, we would be self-sufficient. By outsourcing everything to be made overseas by our geopolitical enemies, the elites in the federal government have put us in a precarious position.
Need to find that sweet spot between unions giving people fair wage / gov regulations and making products affordable.
@@AstralAquarium It is value. US needs to make higher value product. Any low value low margin product do not increase stock price.
@@AstralAquarium My point was that if that is what you (and or I) want you (and or I) should do it yourself'ourself, even if just being a small part of it, rather than wishing other people invested there time and resources into efforts that benefit them little. Your efforts may not yield much, but they will reveal to you why others don't do it. There are many reasons like the law of comparative advantage which is a natural law and not a man made one. Also environmental regulation here that is not imposed on products from other countries has have much lesser restraints. The US just outsources a lot of it's environmental damage and that gives another advantage foreign production. Those living in the '70s - '00s would have been materially poorer had the US endeavored to make everything in the US.
You beat your competition by being the best, not the biggest military.
Its amazing how the only policy they can agree with is that a bad idea is one that hurts billionaire bottom lines.
It’s not too expensive to make stuff here, the owners and shareholders just want even more
It’s about keeping the poor American at bottom !
Biden has no memory. He’s like a goldfish. He wakes up and is surprised by his little plastic castle every day.
PS that's where he remembers them or not
Brandon speaks with forked tongue..lol
The Problem is can America actually produce any of these very needed resources. The U.S. Gov't needs to spend into the Economy to create these Industries or in some cases recreate these industries before tariffs even make sense. Tax Credits don't create Industries either, they just incentivize the existing industry, which in America these Industries don't really exist at scale and scope anymore or in some cases ever.
😂😅😂😂😅 what a world of clowns 😅
Union labor forces US companies to make more expensive cars. I wish Brie would learn some basic economics. Something Harvard doesn't teach?
The government is jacking up the price of imported EVs and pocketing the difference. If it is doing this to help the domestic car manufacturers, are they willing to help us? EVs would be cheaper if the manufacturers take a smaller profit margin.
Americans won't buy the $10k EV cars. Have you seen them? There is a reason they cost that much. You can get a nice used ICE car for that same amount and actually fit a family inside it.
Interesting. It's just let me do all these things before the election. Playing politics.
Start making things in America again and raising tariffs will have less of an affect.
Hows that Green New Deal Schmeal working out with tariffs of 50% of Solar panels and 100% on EVs? LOL🤣
EVs don't sell because they're not actually green and are garbage. Let alone all the weird software they're putting in them and various battery problems. What they need to do is finish developing synthetic fuel
Even with 100% tariff, BYD’s cheapest EV will cost less than most American EVs.
They wont pass safety standard though.....
this is why the 99c only stores closed down nationally
I agree with robby on this one. Lets rely on our allies for free trade
About some of the tariffs that's a band aid. China is the top in batteries and EV, not just because of cheap labor but intensive development. You still be forcing American use subpart products, if you buy from India or Europe in those segments.
@@jdaviddejesusadon3629 the usa should be sourcing our precious metals from south America instead of China. Instead we are letting China buy south America .
@@jdaviddejesusadon3629 not because they are communist but because they are on the other side of the planet. Our supply chains are fragile and costly.
Bri generally doesn't understand economics and that its not that Chinese EV's are luxury focused BUT cost less to manufacture because of Govt regulation.
Not really, entry level luxury at best. That BYD is a model 3 competitor.
@@zerocool5395 exactly, but still luxury focused for sure. BYD just cost less because of the economics of manufacturing in China
Dont you get it yet? Of course, electric vehicle are unaffordable. The grid could
not handle it if everyone who wanted one could own it. Even now there are problems.
Well well well 😆 🤣
Bri knows nothing of how China makes "cheaper" EVs. The Chinese government subsidizes their companies, which produce their EVs with government funds along with cheaper labor. In truth, it still costs quite a bit more to make an EV than a conventional car. The only reason China can sell theirs cheaper is because of their government. Our government is also subsidizing the EV market. No consumer is actually paying the true cost of those vehicles based on natural supply and demand and market values. Take out the government, and you'll realize very few ordinary citizens could actually afford them, and their break-even at carbon emissions is about 10 years as opposed to a gas vehicle.
Our government subsidizes plenty of industries, including banking, auto, airlines so that's not a valid reason on why China shouldnt be doing it or why costs are cheaper. Another factor is china controls much of the supply chain, from raw materials to parts, assembly, end product.
@@aliciacline08 There is a big difference between subsidizing based on tax funds versus subsidizing with tax funds and cheap labor. I never said the US doesn't subsidize industries.
Hourly rate for a union vehicle is way higher than what a Chinese worker gets.
X 1000.....
especially if it's a Chinese worker making American parts for American cars in Chinese factories.
The US must re-industrialize to move from a make-believe, financialized based economy to one that actually makes products of value and provides solid, higher-wage jobs. Yellen just tried to tell China to slow their economy and stop making so many things to which Xi just laughed (and rightly so). Tariffs are not the only answer but they are an instrument along with US investment into building back manufacturing that could benefit US workers.
He should better take on Israel that is a country where humans rights are nothing. But That cost no money. And in the USA, king money is always the most powerful.
The two party system permits you to chose between the corrupt billionaire and the supporter of a nation that destroy human rights? Is it a real choice?
When Chinese civilians will stop buying American cars, there is zero Chinese EV sold in the US. Ironic.
Briahna doesn’t know China subsidizes cheaper competitors
its crazy how they talk about the American family like they really care about American families 😒 what happened to the child tax credit ohh i forgot Israel and Ukraine are more important than the american public
$1500 a year? Biden raised my expenses by $15000 a year. Seriously. He has no idea about anything.
This action will anger some people and cause them to purchase Chinese products even if they are more expensive. If Biden and Trump may actually have Americans choose an alternative - Kennedy. Japanese automakers send their thanks.
"... B'cause China's eating our lunch right now... "
... which you handed to them on a Nickel-silver Platter...
Hunters taking Air Force 1 there as we speak.....
This is good EVs are bad for the environment
THE main reason for expensive American cars is price-gouging. As was evidenced by profit levels so high that line workers revolted demanding and subsequently getting raises.
Bri doesn't know what she's talking about. BYD makes perfectly decent $12k electric cars because all parts are made in-house. No subcontracting of plastics, glass, electronics, or really anything else other than tires.
Again, robbie is explaining why capitalism doesn't work. Thanks, Groot.
China not only make them cheap they make them reliable US make cheap, still twice as high you going to feel it, remember! Why going backwards in everything is not a good shratategy.
IT WOULD Drive up prices on Imports not domestic vehicles or not domestic product that would mean putting the US farmer add Industries first which would help the US citizen
is this yet another "trump was right" moment?
Perhaps Biden should teach Trump on Bidenomics to ensure he does the opposite.
Didn't China rip off Tesla Electric cars and now are producing their own?
If thats the case musk sure dont have an issue with it as musk frequents china and has the largest manufacturing plant with the shanghai tesla gigafactory.
There should be an increase tax! China is listed as a developmental country so are other considered for tax. Yet American goods are taxed at the highest rate. If US companies are building over seas and importing there should be a tax build it here. American cannot afford electric vehicles!
Domestic car manufacturer market doesnt need to be protected because soon jobs will be lost to automation/AI. Thus, we may as well embracy policy that allows for cheap international goods
Autos cost more to be made in the US cause all the regulations and way higher wages! Ford is losing 100k per ev sold right now!
Why do cars, Ev or other cost more in the US than China. The answer is Federal Government Regulations.
no, the issue is tariffs and protectionism in the USA, the USA hates the free market unless its advantageous to them. Ford and GM is also failing in Europe, Japan, and China as well, who doesn't have the same regulation. They've been protected by big daddy for so long they forgot how to compete.
China are better at manufacturing than the US. 20 years ago their advantage was the volume of cheap labor, now it is an increasing number of educated people and massive efficiency gains within these industries. Their wage rates have increased significantly more than the rest of Asia yet they are still the cheapest manufacturers for semi and hi tech products.
@@ajnz2420these vehicles would not meet the minimum standards in the US for many current regulations. Safety being the biggest. Some plastics and psunts would not be allowed. This is not to say that these cars are bad, but having to meet regulatory standards adds costs to a car.
I bet that these tariffs don’t include Volvo, which is controlled by Geely Automotive in China
Cheap labor is what Robbie is saying
Small China EVs for 10gs is a good idea for cities, since none car go more than go more than 100mi range.
Glenn Greenwald China and Hungary Strengthen Relationship While US ...
Yeah just how many of those batteries are imported there is no demand. Why is nothing said to china about continuing to buy oil from iran and russia ?
Lol so we can tell other countries where to shop? 😂 must be a liberal
The point being, charge China for things that is insignificant to our economy but not hold them to the agreement to not buy oils from those countries. So NEITHER one is holding China to accountability nor the things they have put tariffs on are even a big import into the US. So what damage is that doing to China. It's all for show.
Bri is like we don’t need nice things. Lol We just need an EV that’s not built great and we have to constantly spend money to fix it. 😂 Cars are expensive here because of Biden and his inflation!
I am not against globalization but against this model of globalization. We should ask for the called comercial Quotas reposition that worked very well till 30 years ago. With this comercial business Quotas all multinacionais companies were obligated to diverse their production bettewn Ásia and Ocident. It was the best way to reduce CO2 global emissions and a better balance for economic grow for all parts
Greetings from Portugal and sorry my bad english.
Joe was always supporting USA companies. In the chips act, Inflation Reduction Act, send arms to ukraine etc
It's funny biden really doesn't get it.
This dude is literally trying any and everything to win 😂😂😂😂
This is the result of heavy lobbying by the legacy auto industry who have a vested interest in keeping Internal combustion engines going. By adopting that 'stalling' policy they allowed Chinese EV manufacturers and also Tesla to disrupt the market and take a big share of it leaving them lagging far behind. Now they have Biden to protect them from competition which means they have less incentive to innovate and change to full scale EV production. If the world was right the directors of those legacy auto manufacturers would have been shown the door long ago for their hubris and utter incompetence in the face of change that everyone knew was coming well in advance. Meanwhile the planet continues to heat up.
Dumb and Dumber take your pick. 😂
Trump
😂😂😂😂😂
😂😂😂😂😂😂😂😢😢😢😂😂😂😂
Elon musk may have seomthing to do with American uncompetitiveness in the EV market
God
Family
Country
Small example of how biden was wrong on jusr about everything 😂. Proof is his reversal on many policies trump had and now biden supports 😂.
I can tell you a couple reasons why EV's are so expensive. The one obvious reason is greed. US car manufacturers are making tons of profits by overcharging consumers. The second reason is the Chinese government heavily subsidizes their EV market. For some perspective, there were over 354,000 Teslas sold in the US in 2022. If the government subsidized $15,000 per Tesla, that would drop their lowest model down to $25,000. That would cost the US government about 5.3 billion dollars. I'm no anti-Israel person. I think it is unfair to hear all of this outrage over Israel's military response to the October terrorist attack without applying equal pressure to Hamas to release the hostages unconditionally. However, the US sends about 4.75 billion dollars to Israel yearly. I'm not saying we divert all of the Israeli aid to subsidize EVs. I'm just saying this country can come up with money for whatever cause the power brokers deem important.
All this ranting about changing your mind 🥱😴
Bcoz he’s playing for election 😅China Joe 😅