r/worldnewsvideo • u/speakhyroglyphically • 20d ago
🇨🇳China's 0% vs. 🇺🇸US's 100% tariff policy. Your thoughts on this?🤔
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u/Meekois 20d ago
tbh, as an American, all signs are pointing towards China becomes the new global superpower.
Better start learning Chinese boys.
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u/coremech 20d ago
The GOP’s actions are likely to contribute to a major shift in global power toward China, potentially weakening U.S. influence even more than when Trump first took office. This sets up a scenario where, if Democrats regain power during the fallout, Republicans can criticize them for the outcome.
The GOP will probably argue that Democrats allowed China to gain too much power by being too soft or hesitant to act. This strategy would let Republicans shift the blame away from their own role in creating the situation while portraying Democrats as ineffective on foreign policy.
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u/pibbleberrier 20d ago edited 20d ago
As a Chinese. I beg to differ. China is experience the largest wealth exodus to date and losing competitiveness as their labour cost rise.
Exporting to poor af countries at a loss is a sign of desperation not what this CCP shill is implying
China spend decades and generation so they would STOP being the cheapest supplier of the world. Now that they can actually produce qualify export they are being cuckhold by the economy they WANT to sever. Aka the rich as American which btw are still the top destination for anyone with any kind of money in China.
Nobody in China actually think bending backward for Africa is a good strategic move.
In order for China to progress they MUST stop compete with India and Indonesia Pakistan and other dirty cheap exporter. They definitely have the qualify workforce they didn’t have generation ago.
It is a problem that these workforce are not being utilize to best of their ability and that they actually still need to bend backward for Africa (whom STILL owe China a gigantic amount of debt build on the back of Chinese working population)
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u/Meekois 20d ago
Perhaps I'm just uneducated on the matter, I just see China as a potential candidate to usurp America and the financier capital of the world. What's left of America's skilled labor and industrial base is dependent upon imports. Once tariffs hollow that out, America as a financial institution will become a bubble waiting to be popped. People will flee the dollar, and go one of two places- China and the EU.
Even if China has issues trade, they are an industrial powerhouse and leader in exports, in much the same way the US was post WW2. They have the industrial base and skilled labor force to support the world, and that puts them in control.
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u/pibbleberrier 20d ago edited 20d ago
Capital doesn’t like to flow to location with extremely high taxation and regulation/restriction and generally above market cost of labour. lol at France’s unrealized taxation law (EU)
And it certainly does not like to flow to location with inflow/outflow restriction, and a regime that can public “execute” their most ambitious billionaires (China)
America is way past the era of industrial complex and skill/unskill labour propping up the economy. Sorry to say but these population are no longer the focal point for capital injection into the country. It’s merely a neccesary part of the economy that the ultra rich will just continue to throw bones at so they would feel included and … don’t cause a uprise.
When it comes to capital. Capital want to seek an economy that 1) allow the maximum amount of growth 2) has regulation to protect said growth 3) a government that will treat wealth fairly (aka not insane taxation like unrealized gain tax)
So far America is still number 1 if there is any contender in Asia for financial capital. It would be Singapore and Dubai with the same principle to wealth and capital
China is not going to flop over and died nor will it cancel its 2 generation worth of growth. But it riddle with problem (specifically with capital exodus) that will really make it hard for them to truly become a financial capital of the world and replace America’s spot.
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u/SirArthurDime 20d ago
We don’t hate rich people and we certainly don’t hate ambition. That’s actually a ridiculous thing to suggest. We worship wealth and the pursuit of it like no other country. The rest of your post I agree with though.
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u/pibbleberrier 20d ago
Sorry just redditor. Yes I agree America worship wealth and thus attract the wealth from all the world.
Ironically China also worship wealth all the way from the bottom to the top. So it is very concerning that wealth is actually leaving China not entering it.
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u/TabletSlab 20d ago
It's because globalization as a strategy for the US only works when they are the hegemon.
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u/Snoo-72756 20d ago
Pointing ? It’s a giant red sign!
Their politics is configured into thinking decades, not the next election season.
We’re still trying to accept trains …
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u/shootermac32 20d ago
China already ships to a majority of our country. They own land here as well. China already owns us
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u/pibbleberrier 20d ago
Owning the market for cheap trinket at almost zero margin and is causing the Chinese economy to digress back to cheap manufacturing is NOT winning
When people pull money out of China to invest in America. America is winning. These landowner and business owner in China is paying America taxes and oblige to America law. What do you think happen if America one day decide to sanction Chinese money (won’t happen but it’s thought experiment)
That right all these Chinese money in America now belongs to America.
This is an issue for China and a pro for America. Not what you think it is.
Same exact thing happen to Japan many many decades ago. Japanese yen all flow into America and when America flips the script on Japanese. All these Japanese asset were purchase back for dirt cheap. America wins again
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u/Stuck-in-the-Tundra 20d ago
Holy crap. That’s definitely an example of a soft power move. This will seriously increase Chinas global influence especially with Trump and his subordinates undermining the US global influence.
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u/Kryds 20d ago
It's definitely a move to make China an even larger trading magnate.
This is not China being charitable.
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u/nikiyaki 20d ago
Well obviously. But America has never been charitable either, so what's the difference?
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u/Stuck-in-the-Tundra 20d ago
They don’t have to actually be charitable they just have to appear that way to the populace.
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u/No-Prompt3611 20d ago
Propaganda
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u/zorrowhip 20d ago edited 20d ago
Yes, Africa can not get into China manufactured goods, only resources, minerals, and food that are critical to sustain China's ambitions. What African manufactured goods are going to be a threat to China?
Also, the US has this in place with AGOA (African Growth And Opportunity Act);
Under AGOA, over 98 percent of all imports from sub-Saharan Africa are eligible to enter the United States duty-free.
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u/speakhyroglyphically 20d ago
In practice. looks like the AGOA is working out for Kenya and Lesotho, not so much the rest of the countries
half of all beneficiary countries had a utilization rate of 2 percent or lower during the same time period - this means 98 percent of U.S. imports from those countries were subject to U.S. tariffs. https://www.brookings.edu/articles/heres-why-us-africa-trade-under-agoa-has-been-successful-for-some-countries-but-not-others/
There will be 'reasons' but as it stands this policy has only benefited a very select group
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u/zorrowhip 20d ago
For the same reason, Africa has nothing to export except for raw material and mineral resources that the US needs. Why would they need to tariff it in the first place.
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u/toothpasteonyaface 20d ago
That's why China will win the trade war, Trump is way too dumb to see the big picture.
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u/FuneralSafari 20d ago
China is mere days from economic collapse, this is propaganda and last ditch efforts. They have not fully recovered from global supply chain issues.
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20d ago
I’ve been hearing China is mere days from economic collapse. For basically as long as I’ve been alive.
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u/speakhyroglyphically 20d ago
China is mere days from economic collapse
Can I ask what it is you base this on?
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u/frizzante_papi 20d ago
🫡 okej so china will not tax any import from underdeveloped country? They don’t import anything? How is this news ?
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u/speakhyroglyphically 20d ago
- Some food for thought
https://en.wikipedia.org/wiki/Organisation_of_Islamic_Cooperation
Organisation of Islamic Cooperation
"In December 2018, the OIC tentatively raised the issue of China's Xinjiang re-education camps and human rights abuses against the Uyghur Muslim minority. The OIC reversed its position after a visit to Xinjiang, and in March 2019, the OIC issued a report on human rights for Muslim minorities that praised China for "providing care to its Muslim citizens" and looked forward to greater cooperation with the PRC.[52][53] In December 2020 a coalition of American Muslim groups criticized the Organization of Islamic Cooperation for failing to speak up to prevent the abuse of the Uyghurs and accused member states of being influenced by Chinese power. The groups included the Council on American-Islamic Relations."
"The Organisation of Islamic Cooperation, formerly the Organisation of the Islamic Conference, is an intergovernmental organization founded in 1969, consisting of 57 member states, with 48 being Muslim-majority countries. https://en.wikipedia.org/wiki/Organisation_of_Islamic_Cooperation
- There is this as well
China state media claim Xinjiang conspiracy hidden in old video of retired US colonel
Lawrence Wilkerson’s comments that the CIA could use Uygurs in Xinjiang to ‘destabilise China’ cited as proof of ‘an information war’ by the US
Chinese state media have publicised a speech given by a retired American army colonel three years ago in an attempt to unravel an alleged conspiracy by the United States behind the Xinjiang cotton row.
A WeChat account managed by Beijing Daily published an article titled “H&M is just a puppet; a bigger conspiracy is behind it!” on Thursday, referring to the Swedish multinational clothing retailer facing a boycott in China over its refusal to buy Xinjiang cotton.
The article quoted a 2018 speech by Lawrence Wilkerson, a career army officer, who said if the US Central Intelligence Agency wanted to destabilise China, the best way to do so would be to mount an operation using Uygurs in the country’s far-west region.
“They would foment unrest and to join with those Uygurs in pushing the Han Chinese in Beijing from internal places rather than external,” he said three years ago at Texas-based Ron Paul Institute’s 2018 Washington conference.
A recording of Wilkerson’s speech in 2018 showed him explaining the US military’s decision to fight a war in Afghanistan.
Two of the objectives for the US troops were to have a presence in Afghanistan to disrupt China’s Belt and Road Initiative and to leap on and stabilise Pakistan’s nuclear stockpile if necessary, according to Wilkerson.
https://books.google.com/books/about/The_Xinjiang_Problem.html?id=50IFAQAACAAJ
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u/nikiyaki 20d ago
I would also add, there are an awful lot of Uyghur Muslim extremists in Syria right now fighting alongside known terrorist groups.
Is re-education camps worse than what America does to terrorists?
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u/ParticularFamiliar10 20d ago
Attempting to make reeducation camps not sound like a state backed mass torture program?
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u/Never-Dont-Give-Up 20d ago
Sure, but China also gives these benefits with a lot of strings. They demand manufacturing sites, mineral rights, land acquisition etc.
They know what they’re doing, and it’s for their benefit.
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u/Johnny_Leon 20d ago
They should focus on human rights and stopping child laboring. Why should Foxconn have suicide nets outside their building 😂
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u/Aggressive-Let8356 20d ago
Its not protectism, its an idiot issue. As an american, I am deeply ashamed of the state of things.
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