China Canceled Import from the US: What Next?

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  • Опубликовано: 2 июл 2024
  • China has recently reduced or stopped the import of several key agricultural products from the United States, notably wheat and corn. In this video, we will analyze the reasons behind these changes and explore their potential economic impacts on both countries. Additionally, we will examine how the trade volume between the U.S. and China has evolved over the years, despite increasing tensions.

Комментарии • 860

  • @fastepo
    @fastepo  2 дня назад +76

    BRICS and 20 countries Stop Trading with Dollar: What Next?
    Watch the video here
    👇👇👇👇👇👇
    ruclips.net/video/h9BdcQpS2kY/видео.html

    • @MetaView7
      @MetaView7 2 дня назад +4

      *East-West Decoupling is on Schedule*

    • @anshumansarkar3206
      @anshumansarkar3206 2 дня назад +5

      As a H1B VISA worker
      I am happy 😅
      Dedollarization

    • @Bebraveonce
      @Bebraveonce 2 дня назад +1

      This type of speculation always hit the news when your currency is in trouble
      It won’t work the dollar is resilient

    • @petersinclair3997
      @petersinclair3997 2 дня назад

      @@anshumansarkar3206 The USD is trading normally on the DXY against major World currencies. The US did export inflation to friendly countries, impacting on several international exchange rates, but there will be return currency adjustments over the next few years. Meanwhile, Russia dropping reserve currencies from its National Wealth Fund offers no hedge, if BRICS fails.

    • @davefroman4700
      @davefroman4700 День назад

      China is banning agricultural products because of the gyphosate chemicals the US and other western nations are using. And this has been going on for a number of years now.

  • @pashapasovski5860
    @pashapasovski5860 2 дня назад +219

    Russia is the biggest wheat producer per capita and is next door neighbor with China!

    • @LunaLapin-ho5tk
      @LunaLapin-ho5tk 2 дня назад +1

      Russia is backing away from the EU so they can supply China. BRICS countries want to only deal with friendly countries. The G7 west has shot it's self in the foot.

    • @dan-bz7dz
      @dan-bz7dz 2 дня назад +23

      Exactly. Makes no sense buying it from the US.

    • @seekthetruth1478
      @seekthetruth1478 2 дня назад +1

      per capita statistics in this case is stupid.

    • @joeygay7115
      @joeygay7115 2 дня назад +5

      Over a 5 year average China actually out produced Russia. Prior to the Ukraine Russia War, Ukraine out produced Russia

    • @DarkDragonRus
      @DarkDragonRus 2 дня назад +5

      @@seekthetruth1478 kinda... I mean, it's still shows how much reserve food Russia produced but it's really one of that examples of statistic manipulation. Still, China creates the most, around two times more than Russia, with India being on the second place but both consume so much due to their population that they can't really sell it aboard but import even more instead. But Russia sells both wheat and food from wheath. And Russia is third by production.

  • @tamieluv
    @tamieluv 2 дня назад +327

    The arrogance, pride and bullying of this country is about to get it's payback.

    • @stickitupyourasteric
      @stickitupyourasteric 2 дня назад

      We can only pray.. they are the elite Psychopaths with an elite Army..

    • @calvinlucas584
      @calvinlucas584 2 дня назад +18

      I swear and it's going to hurt us.

    • @colinchia5318
      @colinchia5318 2 дня назад +26

      Who started trade war?

    • @JD2.0N54
      @JD2.0N54 2 дня назад

      ​@@colinchia5318
      Trump started it..

    • @joelwycoco1791
      @joelwycoco1791 2 дня назад +18

      Really the US is arrogant and what do you call what China is doing then?😂😂

  • @standoctor
    @standoctor 2 дня назад +207

    A good businessman never act arrogant and insult his customer -especially a customer who buys the biggest bulk. USA is constantly bashing China,a BIG customer and imposing sanctions,why would China bother buying? There's others to buy from

    • @wonderfulhousebrusselsnear4155
      @wonderfulhousebrusselsnear4155 2 дня назад +6

      It's absolutely true, you never contradict your best customer , but the very small customers who don't have any respect can leave or go elsewhere .

    • @jackyee7511
      @jackyee7511 2 дня назад +5

      First rule in business, the customer is always right 😅

    • @mystictraveler8642
      @mystictraveler8642 2 дня назад

      US don't even make any sense. People say who needs friends like the US? They would be a third world country without china.

    • @Ethian315
      @Ethian315 2 дня назад +2

      @@jackyee7511 funnily enough, the US think the business owner is always right 👍 😂

    • @poolfans
      @poolfans День назад

      China can produce whatever and all they need.

  • @karlowalker4143
    @karlowalker4143 2 дня назад +152

    Why must the world do what the US wants. Time to do your own thing. The US is not the only country in the world.

    • @osmanismail943
      @osmanismail943 2 дня назад

      @@karlowalker4143
      Those countries that follows what US wants are not sovereign countries. They’re colonised by the EVIL USA.

    • @inktownfishing4505
      @inktownfishing4505 День назад +5

      That's what I always wondered, who ever said the US was in charge of the world!

    • @AntPet999
      @AntPet999 День назад +1

      Because after ww2 they were the strongest and they earned with lendliease after too

    • @sungjane
      @sungjane День назад +2

      Need to ban madi in China 's Iphone.

    • @georgejesson1944
      @georgejesson1944 День назад

      The petrol dollar is no more, sanctions will be useless.

  • @weikwanglee4383
    @weikwanglee4383 2 дня назад +177

    Well. Western experts complained China of hoarding grains.
    So , now, US has lots of surplus wheat, corn to give to other countries.

    • @Antiquated-Ether
      @Antiquated-Ether 2 дня назад +5

      Ukraine exported 60% of the world's wheat so we good

    • @alexhu7939
      @alexhu7939 2 дня назад +23

      According to Yellen, USA has over capacity of grain and wheat…. right?

    • @luizrodriguez1994
      @luizrodriguez1994 2 дня назад +4

      ​@@Antiquated-Etherwhere did you find that info?

    • @ekayonosuwito3298
      @ekayonosuwito3298 2 дня назад +3

      OVER CAPACITY. 👍👍👍

    • @CraftEccentricity
      @CraftEccentricity 2 дня назад +11

      @@Antiquated-Ether That is a lie. Russia produces 3 times more wheat than Ukraine, and that was before the invasion. Ukraine 22 million, Russia 92 million tons

  • @petehoney1
    @petehoney1 2 дня назад +84

    China is simply trading with non aggressive friendlier countries, supporting them and saving money and not needing to use US dollars 🤔

    • @joelwycoco1791
      @joelwycoco1791 2 дня назад +3

      I don't think so, they have motives, they are not friendly nation

    • @Luming-di9rf
      @Luming-di9rf 2 дня назад +13

      @@joelwycoco1791 Says the one whose country wages war after war. Learn some basic facts.

    • @fwingebritson
      @fwingebritson 2 дня назад

      @@Luming-di9rf Those "wars after wars" were mostly people who says "come save our asses from an unfriendly fate." And the US goes to save their asses where the whiners do little to nothing to save their asses and expect the US just to take the brunt to save their asses then they run off, or cower away. Then the US is left to the point of saying "Screw it, these assholes don't deserve saving after all." And somehow the US is asshole. Personally, I wish the US would stop saving the world, but then the real assholes would own the world and people would really be screaming that the US did nothing to help them. In fact, Roosevelt should have ignored Stalin's pleas for help, and wrote off Pearl Harbor and let all the countries involved in WW2 just thin themselves out to their own fates.

    • @adamiskandar5107
      @adamiskandar5107 2 дня назад +8

      @@fwingebritson Pls do. The world does not need US saving.

    • @roysayanta1507
      @roysayanta1507 2 дня назад +4

      ​@@Luming-di9rf yes. Give your money like your government give 60 billion dollars to Ukraine for war🤪. When you guys have 34 trillion dollars debt. Ohh and also million dollars weapon which also wasted.😂🤣🤣

  • @francisharlow8443
    @francisharlow8443 2 дня назад +231

    DUMP THE DOLLAR AND DUMP ALL US DEBT AND SELL OFF ALL BONDS.

    • @petersinclair3997
      @petersinclair3997 2 дня назад +7

      USDs are trading normally on the DXY indicator measuring the performance of the USD against major currencies. USDs are needed to trade on global markets. The other trade currencies are the Euro, Yen, GBP, AUD, CND and CHF (Swiss Franc). International banks avoid holding the CNH and Ruble.

    • @demon2others
      @demon2others 2 дня назад +14

      @@petersinclair3997 In your Uhmerican Dream! 🤣🤣🤣

    • @ThierryHorel
      @ThierryHorel 2 дня назад

      ​@@petersinclair3997 for now ...

    • @hsr673
      @hsr673 2 дня назад +7

      In denials😂

    • @thierrynolevaux9268
      @thierrynolevaux9268 2 дня назад

      @@petersinclair3997 China and Russia do not need the US or the dollar to do business among themselves. Even India and Saudi Arabia do business without the dollar. It's the west that's drooling over the chinese market and russian energy. The yanks messed up when they weaponized the dollar. They're now a pariah that has become unreliable and untrustworthy. Whoever controls eurasia controls the world.

  • @fastshootmmmm
    @fastshootmmmm 2 дня назад +110

    China actually feel sorry for all the homeless people in America. China refused to buy more food products . trying hèr best to keeping the food prices as low as possible to helping 1.3 million homeless people also keeping USA inflation as low as possible. I hope China can cut totally all the food products import from America. China is an Angel.

    • @seekthetruth1478
      @seekthetruth1478 2 дня назад +8

      Bwhahahahahahahahaha....I mean..............wait....sorry......Bwhahahahahahahaha

    • @peterg0
      @peterg0 2 дня назад +3

      You are honest....

    • @brianboye8025
      @brianboye8025 День назад +2

      This is the weirdest most irrational assertion I've ever read. Wheat and corn prices in the US is not determined by China. Homeless have bountiful free food and money provided by the local and federal governments. Many receive Social Security monthly benefits due to disability.

    • @petersinclair3997
      @petersinclair3997 День назад

      @@brianboye8025 👍🇦🇺

    • @fastshootmmmm
      @fastshootmmmm День назад

      @@brianboye8025 BTW GOOGLE ( CHINESE IN CHINA HAVE LONGER LIFE SPAN THAN AMERICAN PEOPLE ) AMERICAN POLITICIANS DON'T GIVE A SH/t about it's own citizen.

  • @nazliiqbal4727
    @nazliiqbal4727 2 дня назад +83

    Hats off to China

  • @HawkishMerlion1965
    @HawkishMerlion1965 2 дня назад +76

    As a consumer, I love Chinese competition. Hope china can breakthrough in chip so 3rd world kids can buy mobile phones too.

    • @magnacarta740
      @magnacarta740 2 дня назад +5

      They have!

    • @lolocemoipopo7537
      @lolocemoipopo7537 2 дня назад

      Western countries are becoming third world countries anyway

    • @justme6275
      @justme6275 День назад

      without Made in China, most of us are still living in the stone age.

    • @Ghekko-kw3zz
      @Ghekko-kw3zz День назад

      Sheesh they are $20 in the developing world.

    • @lirikcover9279
      @lirikcover9279 22 часа назад +1

      Even my smartphone Made in China 😂.

  • @hugosz1973
    @hugosz1973 2 дня назад +157

    Well done China 👍👍👍

  • @zaberfang
    @zaberfang 2 дня назад +22

    I mean its time for the us to stop bullying other countries and just fend for its own citizens

  • @classesanytime
    @classesanytime 2 дня назад +55

    Not to mention that here in Brazil we use way less pesticides than the US which makes the quality better and it's cheaper in transport costs due to the latest trading agreements within BRICS XL!

    • @MusehanaH
      @MusehanaH 2 дня назад +2

      The US and Ukraine. Poland does not want Ukraine's imports partly because of it

    • @joelwycoco1791
      @joelwycoco1791 2 дня назад +1

      Who cares Brazil and it's government?

    • @jia03
      @jia03 2 дня назад

      ​@@joelwycoco1791We care

    • @Luming-di9rf
      @Luming-di9rf 2 дня назад +4

      @@joelwycoco1791 The US cares enough.

    • @fwingebritson
      @fwingebritson 2 дня назад

      I don't know about Brazil, but harsh restrictions over the last fifty years imposed by the EPA listening to the tree hugging whiners has watered down pesticides to the extent that it might as well be piss water rather than pesticide.

  • @SamsungSamsung-ph9ln
    @SamsungSamsung-ph9ln 2 дня назад +23

    Wonderful China well done keep it up n God bless you

  • @JacksonWong-pw4zq
    @JacksonWong-pw4zq 2 дня назад +56

    usa have been begging for this to happen

    • @sssssnake222
      @sssssnake222 2 дня назад +1

      When you've got a royal flush, you pray that somebody will go all in.

  • @felixchua573
    @felixchua573 2 дня назад +19

    I don't see what's wrong here. If the US' grain produce is more expensive than that from Russia, Brazil and Ukraine, why shouldn't China import more from these suppliers? Moreover the USA keeps defining China as an enemy and initiated a trade war against China. Given that scenario, why should China not diversify her grain imports from the USA to lessen her dependency on the USA?

    • @priscillaferguson267
      @priscillaferguson267 2 дня назад +2

      EXACTLY!!

    • @jackrisonjoseph
      @jackrisonjoseph 2 дня назад +5

      This is just the beggining, more imports deals cancellation will happened in the future. Start slowly and go big that's what China doing now. Slowly but surely!

    • @Sidicas
      @Sidicas 3 часа назад

      Because China already agreed to buy this wheat to fix the trade imbalance. No fix to trade imbalance means the usa will greatly increase tariffs on all Chinese made goods as a result. This will cause more manufacturing jobs to leave China and move to Vietnam and more unemployment and poverty in China.

  • @willembecker2794
    @willembecker2794 2 дня назад +41

    The US export wheat and corn?? So they have overcapacity in that field??

    • @MusehanaH
      @MusehanaH 2 дня назад +1

      Quite observant

    • @kuga7423
      @kuga7423 2 дня назад

      👍

    • @seekthetruth1478
      @seekthetruth1478 2 дня назад

      Wow. Good one. Nothing gets by you so it seems. Ohhh, there's the bell. Recess over. Back to your 4th grade class. Run along now genius in the making.

    • @justme6275
      @justme6275 День назад

      yellen: over capacity only applies to China, not usa

  • @lmeza1983
    @lmeza1983 2 дня назад +77

    Americans always complain about Chinese products so is a good nrws right???

    • @TimohMoore
      @TimohMoore 2 дня назад +1

      Yes 🎉

    • @rudeawakening3833
      @rudeawakening3833 2 дня назад

      Not for the American farmer though …

    • @sonyadewi7019
      @sonyadewi7019 2 дня назад +5

      @@rudeawakening3833 who care for their farmers. Their own government didn't care about them too

    • @rudeawakening3833
      @rudeawakening3833 2 дня назад +2

      @@sonyadewi7019
      You should show empathy for the farmer globally . American citizens don’t want hard working farmers from your country going bankrupt because of stupid government policies .
      Think about it .

    • @roysayanta1507
      @roysayanta1507 2 дня назад

      @@rudeawakening3833 lol. Because of U.S. sanction many normal people suffer in China many times. World saw this and now had enough.

  • @ricardocoloyan8419
    @ricardocoloyan8419 2 дня назад +27

    Like minded nation can trade with each other.

  • @eliasestrada8050
    @eliasestrada8050 2 дня назад +49

    Well done China 👌 show respect 👍

    • @brianboye8025
      @brianboye8025 День назад

      Show respect that they buy commodities on world markets? Sure, I guess. Every country does this. China looks out for it's own interests. Hhmm. Again which country doesn't. Oh yeah, the USA can't.

  • @timetraveller885
    @timetraveller885 2 дня назад +77

    Because they are Honouring the Trade between BRICS PLUS COUNTRIES!!!

    • @bittoochatterjee2661
      @bittoochatterjee2661 2 дня назад +9

      Exactly and why should we not do it .
      I am from India and as a hardcore Hindu . I just cannot tolerate Western World Countries & Israel and its People ..

    • @sssssnake222
      @sssssnake222 2 дня назад

      ​@@bittoochatterjee2661ok Hitler

    • @seekthetruth1478
      @seekthetruth1478 2 дня назад +1

      And using US dollars to do so

    • @timetraveller885
      @timetraveller885 2 дня назад +1

      @seekthetruth1478 Seek The Truth you say?
      Why do you think they will be using anything, BUT THE AMERICAN DOLLARS, LMFAO!!!

    • @seekthetruth1478
      @seekthetruth1478 2 дня назад

      @@timetraveller885 Take a look at the settlement of global trade transactions ($US, BRICS currency, whatever) - Data from 2022 indicated that the dollar was on one side of the trade for over 97 percent, 95 percent, 94 percent, and 88 percent of Indian rupee, Brazilian real, Chinese renminbi, and South African rand foreign exchange transactions, respectively.
      Guess what? - That's 4 out of the so-called 5 BRICS countries right there - where the US dollar dominates on one side of the annual foreign exchange transactions.
      Data also indicated that in 2022, globally, the dollar was on one side of the trade for almost 90 percent of ALL foreign exchange transactions.
      BRICS currency - Yeah......riiiiiiiiiiiiiight. LMFAO!!!

  • @lowkatherine
    @lowkatherine 2 дня назад +72

    Chinese have high survivors instincts... Poverty is much feared. Food, home, education, health, has always been any household priority....

    • @petersinclair3997
      @petersinclair3997 2 дня назад

      Too much saving money on a national scale can diminish demand owing to lowered spending.

    • @hsr673
      @hsr673 2 дня назад +2

      True if yr savings are in USD!

    • @larsnystrom6698
      @larsnystrom6698 2 дня назад

      @@petersinclair3997
      Saving is bad, investments is good, consumption should be tempered.
      You know, investments are those things which returns more than they cost. Those things Western governments are so bad at!
      Infrastructure, like an electric grid, or a 5G network, those things.
      Consumption is things like military spending, military bases, and financing wars all over the world.

  • @cybergeek9152
    @cybergeek9152 2 дня назад +151

    All love and support for China from tunisia 🇹🇳♥️🇨🇳

    • @joelwycoco1791
      @joelwycoco1791 2 дня назад

      But majority of the countries hate china who cares Tunisia anyway?

  • @canadian-girl
    @canadian-girl 2 дня назад +57

    Go China

  • @peternguyen7731
    @peternguyen7731 2 дня назад +58

    Pride and arrogance will kill the West.

    • @justme6275
      @justme6275 День назад

      no pride, just arrogance

    • @brianboye8025
      @brianboye8025 День назад +1

      We will do just fine. Thank you for your hate.

    • @justme6275
      @justme6275 19 часов назад +2

      @@brianboye8025 fine? 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

    • @Hezbolla
      @Hezbolla 15 часов назад

      @@brianboye8025yeah you can “eat cake.”

    • @user-kl4wz2bc3l
      @user-kl4wz2bc3l 9 часов назад

      not in your and your off-spring lifetime. But eventually.

  • @philipyeoh8936
    @philipyeoh8936 2 дня назад +54

    Decouple from US. US has no reason to be in East Asia thereafter.

    • @seekthetruth1478
      @seekthetruth1478 2 дня назад +1

      Good luck. Lolololol.

    • @brianboye8025
      @brianboye8025 День назад

      Except world trade, shared interests and sometimes a need to balance Chinese soft and hard power. Oh I forgot every country loves China and hates the USA. That is too simplistic to be put forth by an adult. Hint, Japan, South Korea, Phillipines, Australia, Indonesia...

  • @phoneone369
    @phoneone369 2 дня назад +28

    lol us started the trade war first, now accuse of china fighting back?😂 what a shame

  • @anthonylachtara266
    @anthonylachtara266 2 дня назад +31

    I'm in NY,I feel so embarrassed by this administration and the policy's and past practices,it's the "Kings in the Castle"but we've the peasants in the field.peoplevn the U.S. r not pay attention to reality around the globe,it sickens me t c people and animals suffer. Life in general,we can all live decent,don't need lambos and lobster 🙏

    • @kevintewey1157
      @kevintewey1157 2 дня назад

      Why are you embarrassed by the capitalist administration?They're doing the right thing making profits

    • @kevintewey1157
      @kevintewey1157 2 дня назад +5

      Why are you embarrassed?The administration is doing what the plutocrat wants

    • @anthonylachtara266
      @anthonylachtara266 2 дня назад

      @@kevintewey1157 conversation for another time,I'm an older person, family came here, everyone worked,took s..t, I went where was needed,I'm not a dreamer,"it's not what u want,but what is in need" let's leave it simple

    • @anthonylachtara266
      @anthonylachtara266 2 дня назад

      "you have to give respect ,to receive it, u can command it by your actions towards others(*even if u know they r a..s's)

    • @petersinclair3997
      @petersinclair3997 2 дня назад +2

      The modern problem with the US is its Founding Fathers needed to consolidate autonomous states into a Federation, by not allowing national referenda to change its Constitution. Instead the Founding Fathers delegated power to themselves through Institutions, such as, the Presidency, Federal Supreme Court and the Supreme Court. Really not, “We the People”.

  • @HappyPandaBear73
    @HappyPandaBear73 2 дня назад +12

    AWESOME NEWS! BRICS+ NATIONS ALL THE WAY!👍

  • @MusehanaH
    @MusehanaH 2 дня назад +10

    First it was US corn...now it is wheat. Keep going America, you are doing fantastically 😄

  • @charlesparker4481
    @charlesparker4481 2 дня назад +12

    Many Countries can do without American produce and other food products. There are many Countries that can take over these products. Many can grow these things in Asia and for a cheaper price. Isolation of Western Countries could help achieve this, with some exceptions, like Mexico, South America. These countries could even benefit, because US would have be forced to lower cost to Southern America. If they don't they would only hurt themselves, the dollar is going to loose value over time.

  • @jimmylim8369
    @jimmylim8369 2 дня назад +12

    Thats the proper way to conter the tariff

  • @ooikk8458
    @ooikk8458 2 дня назад +9

    Over produced. China cancelled the purchase 😂😂😂

  • @SallieuKoroma-sl4ck
    @SallieuKoroma-sl4ck 2 дня назад +11

    I think China have sense the overcapacity of US Wheat and corn export to china

  • @huxx8888
    @huxx8888 2 дня назад +23

    US foods are overcapacity

    • @ninaloos3071
      @ninaloos3071 2 дня назад +1

      THAT is why the price for food in the USA has risen 50% since 2021 during Biden's ruling. Maybe ChIna is doing much better in the economics than the US.
      And I wonder why Biden does not talk about growing trade with Russia. What we do not have that Russia has, that shattered in pieces gas station. Only this year the trade grew to over 30%.
      If Biden reelected, we will all need the God's help to survive as we will be sanctioned by the 2/3 of the world. And the Great Circus will start.

    • @Luming-di9rf
      @Luming-di9rf 2 дня назад

      Junk food, that is! And heavily subsidized by the US government.

  • @mythbusterthe6749
    @mythbusterthe6749 2 дня назад +45

    IMO the real reason for the cancellation by China is ironically similarly to those used by U sa- National Security.
    Food supplies is a matter that concerned National Security.
    China does not trust U sa anymore as U sa do not comply with international laws that is WTO and UN charters.
    Rules based international order by U sa is NOT international law.

    • @ricksadler797
      @ricksadler797 2 дня назад

      I read that Chins don’t want g mo food

    • @petersinclair3997
      @petersinclair3997 2 дня назад

      Substantial economies are known for ignoring international courts or not even being members. Both China and the US are examples. China the Law of the Sea, near Chime. The US some war crimes.

    • @joelwycoco1791
      @joelwycoco1791 2 дня назад

      Who trusted china anyway that 19 countries funny they are just part of the one hundred plus countries funny but they cannot do harm that much to the united states china is so desperate because of their falling and failing economy 😂

    • @seekthetruth1478
      @seekthetruth1478 2 дня назад

      Wow. This is an insane comment. Only way to correct this would be to substitute China for the US in all your gibberish.

    • @bizhope007
      @bizhope007 2 дня назад +1

      @@seekthetruth1478😂😂😂cope harder mate

  • @TheProBush
    @TheProBush 2 дня назад +13

    America, what human rights the Iraqis violate? They hv WMD?? You n UK didn.t find any..

    • @LunaLapin-ho5tk
      @LunaLapin-ho5tk 2 дня назад +1

      They had INVISIBLE WMD!!

    • @peternguyen7731
      @peternguyen7731 2 дня назад

      US and UK supplied WMD to Sadam Hussein to fight against Iran.

  • @charleswilson8038
    @charleswilson8038 2 дня назад +19

    Problem is that the US have their nose in the air

    • @fwingebritson
      @fwingebritson 2 дня назад +1

      Not really, it rebuilt Europe, and Japan after WW2. Neither one actually shown appreciation, in fact, Europe bought out much of US's industries in the seventies and eighties, and Japan grew to the point it could buy the US outright. Then it was a "Not no, hell no!" situation where the US took a step back and Europe panicked by forming the EU, and Japan's economy took a nose dive. Then when the Soviet Union collapsed, the US tried to help out Russia and found out that the USSR had a deep seeded well hidden mafia complex and scared them away (for the most part), and China (elected) a leader dedicated to drag the whole country back to communism, and yet somehow take over the US as the world leader. Not really seeing it working out for either one of them. The only country in the whole world that has shown any appreciation for saving it's ass is South Korea. So, as far as I am concerned, the US and S Korea can be their respective trading partners and let the rest of the world figure their own fates.

    • @bizhope007
      @bizhope007 2 дня назад +1

      @@fwingebritsonWhat a tale you spin👀🤔..

    • @fwingebritson
      @fwingebritson 2 дня назад

      @@bizhope007 It was the short of it, but the point is the US should have stayed out of WW2 and let the real war mongers fight among themselves. Unfortunately, since the US gov. realized there is big bucks in war, then war sells and peace is a side hustle, thanks to the whiners of WW2.

    • @user-kl4wz2bc3l
      @user-kl4wz2bc3l 9 часов назад

      better than in someone ass. isn't it?

  • @Achelleas67
    @Achelleas67 2 дня назад +16

    We need them, and they need us. This is not the way to be.
    Stop the hate, and the miserable thinking. Enough of it, why
    Going to the extreme?

    • @Lucia-sy7le
      @Lucia-sy7le 2 дня назад +6

      How do they need us?

    • @francefradet2116
      @francefradet2116 2 дня назад

      The Anglo Saxons only respect violence.

    • @sleo3720
      @sleo3720 2 дня назад +5

      Guess it’s difficult to buy food from someone who hates you, you don’t have a good feeling when you eat what do you think?

    • @rudeawakening3833
      @rudeawakening3833 2 дня назад +3

      I agree ! No reason to hate . Whoever you haters out there are from - I probably have friends from your country . We have bad men in our governments - ALL of us citizens suffer . Don’t be thinking that ALL USA citizens agree with decisions from Washington …
      Peace ☮️

  • @johndoe1121able
    @johndoe1121able 2 дня назад +6

    Good luck on increasing domestic manufacturing.

  • @hengongchua6250
    @hengongchua6250 2 дня назад +20

    I am glad to hear that. Well done China.👏👏👏👏👏

  • @TryRickPayton
    @TryRickPayton 2 дня назад +32

    We did this to our selves . China and Russia is tying to make this a better world and get from under imperialism

    • @joelwycoco1791
      @joelwycoco1791 2 дня назад

      Really?you think so?

    • @joelwycoco1791
      @joelwycoco1791 2 дня назад

      I want to puke because of your comment 😂

    • @Luming-di9rf
      @Luming-di9rf 2 дня назад +3

      @@joelwycoco1791 All you do is whine but you never say anything substantial. Why not provide evidence?

    • @seekthetruth1478
      @seekthetruth1478 2 дня назад

      Aye Aye Komrade

    • @Luming-di9rf
      @Luming-di9rf 2 дня назад

      @@seekthetruth1478 At least Russia has friends. Does the US? Nope. You only have lapdogs.

  • @Bawdale
    @Bawdale 2 дня назад +7

    Historically, the US state dept discouraged wheat production in foreign countries. If ever you needed help from the imf or world bank, you would be told to switch to other crops and buy wheat from the US. They encouraged countries to grow export crops that competed with suppliers to the US bringing prices down. The US would often freeze wheat supply as part of sanctions. Today China and Russia encourages countries to grow their own food and helps with investment reducing poverty. This has resulted in lower demand for US and EU surpluses.

  • @bernkoh343
    @bernkoh343 2 дня назад +15

    We oversea chinese will buy less US product.

  • @jayyoo906
    @jayyoo906 2 дня назад +5

    No buy no sell no problem.

  • @johnfoo1959
    @johnfoo1959 2 дня назад +7

    This could be the start of over capacity from US 😂😅😁

  • @frankeimer3906
    @frankeimer3906 2 дня назад +4

    Maybe China was just trading USD's for for food products and since she is down sizing US treasuries now. Don't need the imports and using USD to buy from other countries. If so smart move.

    • @seekthetruth1478
      @seekthetruth1478 2 дня назад

      China is not downsizing US treasuries. It is a shell game.

  • @Mandown21
    @Mandown21 2 дня назад +96

    We are about to witness America’s collapse & she won’t get back up.

    • @kevintewey1157
      @kevintewey1157 2 дня назад +7

      " Help by falling and I can't get up"
      lady liberty on the floor😂😂😂

    • @vincenttay2812
      @vincenttay2812 2 дня назад +1

      The US is past the point of no return

    • @elyon9329
      @elyon9329 2 дня назад

      The Universal Prophet Noble Drew Ali said that this would come to pass; if the quasi politicians of the insolvent, bankrupt, and dissolved UNITED STATES CORPORATION COMPANY didn’t act right.
      Nationality is the Order of the Day!

    • @samuelrodrigues3501
      @samuelrodrigues3501 2 дня назад +3

      I hope not. But this’ll affect us Americans badly.

    • @IsmailSubhanallah
      @IsmailSubhanallah 2 дня назад

      I’m hoping Europe starts to turn their backs on America, I don’t agree with the war in Ukraine but then i think why did nobody bat an eyelid when Crimea was invaded, nobody cared about Ukraine then, what changed over the years? US turmoil.
      Energy Bills are through the roof and the NordStream line would of made Energy Bills alot Cheaper for us, bit America had to then encourage a war, sabotage NordStream and send prices through the roof, they encouraged the war when Ukraine & Russia were actually negotiating. Most of Europe donated old military stock and then bought how much from America. Lining their pockets of war
      These tactics of America are a disgrace on humanity, i feel sorry for the everyday Anerican having such evil people in charge of their country.
      They bully and manipulate the world so they can profit and it’s a disgrace and the world is waking up to it all

  • @user-do1cs9qh4s
    @user-do1cs9qh4s 2 дня назад +10

    China didn't ban imports from the US.

    • @unggrabb
      @unggrabb 2 дня назад +6

      They just found better suppliers

    • @larsnystrom6698
      @larsnystrom6698 2 дня назад

      China don't really do trade war. They are winning anyway, it seems!

    • @seekthetruth1478
      @seekthetruth1478 2 дня назад

      @@unggrabb No lower quality cheap suppliers

    • @bizhope007
      @bizhope007 2 дня назад +2

      @@seekthetruth1478You mean suppliers with less detrimental chemicals in their food.. real food as opposed to the 'frankenfoods' of the U S 🤔👀 ????

    • @seekthetruth1478
      @seekthetruth1478 2 дня назад

      @@bizhope007 You have nary a clue how crazy food in China is. You would be shocked and disgusted what they do to each other as far as food goes. Just to make a few coin. Are you a grape Kool-Aid person, or perhaps cherry is your flavor of choice? 干杯 - Gānbēi Komrade

  • @lisashung9442
    @lisashung9442 2 дня назад +5

    America’s wheat “Overproduction” or “Overcapacity”…….Thanks Yellen for these new terminologies created…… 😂

  • @eddiecheang1513
    @eddiecheang1513 2 дня назад +7

    Buy cheaper products from friendly countries. Cancel expansive products from hostile countries. That's common sense, isn't it?

    • @seekthetruth1478
      @seekthetruth1478 2 дня назад

      Ehhh....Cheaper price, lower quality.

    • @eddiecheang1513
      @eddiecheang1513 2 дня назад

      @@seekthetruth1478 Not necessarily. If the production, wages, material, and rental costs are all lower, then, quality products can be sold at lower prices.

    • @seekthetruth1478
      @seekthetruth1478 2 дня назад

      @@eddiecheang1513 Ukrainian, Russian, and Chinese wheat is on average 18-20% lower in protein content compared to US wheat. That is why US wheat is more expensive than the others. One has to buy higher quantities of 'lower' protein grade wheat to realize the equivalent protein content of higher protein quality wheat. One gets what they pay for.

    • @user-kl4wz2bc3l
      @user-kl4wz2bc3l 9 часов назад

      Everything from Russia is cheap right now. so that's make sense.

  • @antonkaluni8768
    @antonkaluni8768 2 дня назад +4

    China is self-reliant, enough scientists, engineers, Doctors, economics and they produced everything themselves

  • @TimohMoore
    @TimohMoore 2 дня назад +4

    So what. If they don't want us, we don't want them. Look around you. All stuff came from. I don't want them .if we don't buy anything from them. Then we even 😅

  • @hangtuah2.036
    @hangtuah2.036 2 дня назад +8

    Hahaha 🤣 Trade tariffs can work both ways. Its not the monopoly of USA. Both sides can play the game. But Americans have a shallow understanding of the world.

  • @JacksonWong-pw4zq
    @JacksonWong-pw4zq 2 дня назад +21

    All full support for china respond from american people

  • @kevintewey1157
    @kevintewey1157 2 дня назад +7

    And yet the price of farmland will still not go down

    • @ricksadler797
      @ricksadler797 2 дня назад

      Banks 🏦 gotta make their $$$$. So they can have piles of worthless paper when the de$$$use runs its course

  • @JaniferCadungog-cu9nx
    @JaniferCadungog-cu9nx 2 дня назад +6

    Economic war is real .😊

  • @HrRezpatex
    @HrRezpatex 2 дня назад +3

    Imagine you are a man that like to do business, and there is two other men trying to sell you the same product.
    One of this men try to hit you in the face at every opportunity he gets, the other man is nice and friendly.
    Who would you make a deal with?

  • @uberlupe1
    @uberlupe1 2 дня назад +4

    China also ordered wheat from Brazil due to their BRICs affiliation.

  • @gzhou5432
    @gzhou5432 2 дня назад +5

    Only Europe buy high cost US fuel

  • @osmanhassan4164
    @osmanhassan4164 2 дня назад +5

    That a good idea,stop trading with America

    • @seekthetruth1478
      @seekthetruth1478 2 дня назад

      Lol. Okay. Sure. Good luck with that. Let us know how that works-out.

  • @grunthorful
    @grunthorful 2 дня назад +2

    This is what happens to the rich who for decades have punished the poor and abused their power! The wheel spins !

  • @indra-saja-boleh
    @indra-saja-boleh 2 дня назад +4

    Keep strong China!

  • @pipiqiqi4010
    @pipiqiqi4010 2 дня назад +3

    China wants to buy chips from US, but US don't sell. so why they must buy wheat from US if there is a cheap choice just next to its border.

  • @mrmateph729
    @mrmateph729 2 дня назад +5

    Start quitting imports fm Philippines too...

  • @user-xh4pp7jh6p
    @user-xh4pp7jh6p 2 дня назад +2

    This is fantastic to hear. China should definitely purchase their wheat from Russia. The states has clearly said that China is their enemy, why then would you support them? China is purchasing their corn from Brazil which is also good to know. All BRICS nations.

  • @jdjssd.n.jsjssjs8951
    @jdjssd.n.jsjssjs8951 2 дня назад +3

    Why buy from one who classified you as an enemy? Better buy from friendly countries like Brazil and Russia.

  • @Justice-Zcjh
    @Justice-Zcjh 2 дня назад +2

    To be a true superpower, you have to be self sufficient in food too.

  • @babycakes9337
    @babycakes9337 10 часов назад +1

    It happened to us here in Australia and it hurt a lot of businesses. Australia likes to believe it’s a European country and has not made enough effort to make friends with its neighbours in Asia.

  • @francefradet2116
    @francefradet2116 2 дня назад +1

    Love this channel.

  • @naziralokozai2947
    @naziralokozai2947 2 дня назад +3

    Thanks for sharing information

  • @user-sx9jj6zb7r
    @user-sx9jj6zb7r 2 дня назад +3

    😂😂😂Ха-ха-ха
    Сша выгнали из ВТО

  • @Samoasoa
    @Samoasoa 2 дня назад +3

    US wheat is GMO, so it is a good health and security reason.

  • @jabmidas4749
    @jabmidas4749 2 дня назад +4

    You reap what you sow!

  • @petersinclair3997
    @petersinclair3997 2 дня назад +3

    A few years back, China tried import a ban on Australian coal and found its factories compromised. Australia didn’t pull the plug, when China came back, but Australia could have said, no. Coal only represents 0.74 of Australia’s GDP. China and Russia are today experiencing domestic economies facing too many domestic financial to head BRICS, today. Even Indonesia has more potential, but its only potential. The US is undergoing a strong revival and the US is the centre state of a wealthy supportive West. BRICS might create a small workable sector coalition but cannot compete with the West and its friends, whom together control the World’s bond, currency and equities markets.

    • @GiangHoang-hd8uk
      @GiangHoang-hd8uk 2 дня назад +2

      Waiting 5 year, you can see

    • @MusehanaH
      @MusehanaH 2 дня назад +1

      @petersinclair3997, never mind the fact that China and Russia alone are running circles around the west...The fact that the BRICS countries global GDP contribution has just overtaken the west...The fact that the BRICS countries control majority of natural resources that the west need...Forget all that and perhaps check the geographical locations of the BRICS countries. You are missing the sucker punch

    • @LunaLapin-ho5tk
      @LunaLapin-ho5tk 2 дня назад +3

      🤣🤣🤣🤣🤣🤣🤣🤣The majority of the world will be in BRICS by 2025 and Russia is the steamrolling the US when it comes to economic growth. The US is failing fast.

    • @seekthetruth1478
      @seekthetruth1478 2 дня назад +1

      @@LunaLapin-ho5tk Your comment is so stupid that's is actually hilarious.

    • @petersinclair3997
      @petersinclair3997 2 дня назад

      @@GiangHoang-hd8uk BRICS is feasible. May happen, but success is against the odds. Look how long it took for the Common Market to become the EU. And, the EU still have fights over sovereignty and unity. If BRICS countries dump today’s reserve currencies and cannot establish a second autonomous international entity with their on currencies, re-integration into the established Word economic order would prove highly challenging.

  • @SHAHSAHEB-ft5kd
    @SHAHSAHEB-ft5kd 2 дня назад +4

    Next U K.

  • @IEtoileFilanteI
    @IEtoileFilanteI 2 дня назад +3

    Why did the US have to mention decoupling? Seems like China is actually decoupling

    • @PeterLamin-pi6rv
      @PeterLamin-pi6rv 2 дня назад

      Pivot to Asia under Obama, the drone president, Nobel peace prize 🤣🤣🤣🤣

  • @bno5357
    @bno5357 2 дня назад +2

    No more USD paper currency, no more war! For me I don't eat or drink USA made any more.

  • @FilipinaThompson
    @FilipinaThompson 2 дня назад +2

    So it will only be sold within the US. Chinese or any other citizens will live without goods made in the USA.

  • @alexlo7708
    @alexlo7708 2 дня назад +1

    Actually, what US export most is......US dollar printing. And they never think of receiving it back by any means.

  • @bobjuniel8683
    @bobjuniel8683 День назад +1

    It isn't smart to threaten war and arm a territory, the Island of Taiwan, while sewing the idea of revolt to become independent. Especially when they are your major trading partner. The impact of world trade with China was defusing the tensions of wars with Asia by America. First Commodore Perry's Naval intervention in Japan, the occupation of the Philippines and repression of the war for Independence against America, WW2 against Japan, US wars in Korea, Vietnam, Cambodia and Laos. Encircling China conflict in Afghanistan, Pakistan and Iran have all strained relations between China and America. Constant tensions caused by nuclear armed US and allied fleets. The USA has imposed numerous trade bans, excessive import duties and other sanctions, and now the US complains that Asia, and especially China does not want to pay higher US prices! Wow, what a surprise!

  • @jameswkyip
    @jameswkyip 2 дня назад

    great info.

  • @user-zl9sh9mz6h
    @user-zl9sh9mz6h День назад +1

    The US should move towards self-sufficiency. We have everything we need right here in this vast territory. We don't HAVE TO trade with foreign countries.

  • @user-rv6bs7jb4b
    @user-rv6bs7jb4b 2 дня назад +1

    Every country has a right to self-determination of their own destiny. More nations need to have the balls to stand up on their own!

  • @phongy45
    @phongy45 2 дня назад +3

    Why should others buy from a more expensive source?????

  • @yangmeng7820
    @yangmeng7820 2 дня назад +2

    Regrets you'll have when you bit off more than you can chew, especially when you know you will have to vomit it all out! NEVER PROCLAIM YOU HAVE NO EQUAL!

  • @saiedahmed5289
    @saiedahmed5289 2 дня назад +1

    Valuable information

  • @helios4u2
    @helios4u2 2 дня назад

    excellent analysis

  • @louistan7560
    @louistan7560 2 дня назад +1

    Why buy from unfriendly and intentionally antagonistic countries when there are friendly countries to buy from?.

  • @kevintewey1157
    @kevintewey1157 2 дня назад +3

    Now we get to stock up on wheat and corn.While the price is reasonable maybe the price for horse hay is cheap

    • @PeterLamin-pi6rv
      @PeterLamin-pi6rv 2 дня назад

      Time for prepping. Time to go local. Supports our farmers.😮😮😮

  • @nanhinting7447
    @nanhinting7447 2 дня назад +2

    Wheat, corn, wheat, corn, wheat, corn, wheat, corn.😂

  • @craigrik2699
    @craigrik2699 2 дня назад +2

    Check the IMF loan contracts to 3rd World countries, some of the eye popping clauses are; countries can only buy wheat from the US and its allies (Australia/Canada), countries cannot grow their own food ...

  • @titussteenhuisen8864
    @titussteenhuisen8864 2 дня назад

    Good info

  • @pwvandijck
    @pwvandijck 2 дня назад +1

    very interesting

  • @tikarai7169
    @tikarai7169 2 дня назад

    Yesss Great thanks

  • @shawkatsheikh4613
    @shawkatsheikh4613 2 дня назад +3

    China Should have imported from Russia and Ukarine from 2022. IT Will let US to think about their role in Ukarine war.

  • @kevintewey1157
    @kevintewey1157 2 дня назад +3

    sold out f d a gonna say that carbohydrates are really good now😅

  • @miriambochenek9083
    @miriambochenek9083 2 дня назад +3

    No wonder why .GMO's not good for proplr

    • @Xiquinhodasilva99
      @Xiquinhodasilva99 14 часов назад

      been there for decades, look to the size of a chicken in the 60's and look for it now, ask yourself what you have been feed with. look to the bananas in the beginning of the 00's and look at them now, no seeds and little to now flavour. and not to tell you that without the "special" water those gmo's wont grow, without the "special food" the chicken wont grow

  • @whonda7024
    @whonda7024 2 дня назад

    That is the continuition of trade war. They both rejects each products.