Let's talk about China's response to Trump being different....
Belle of the Ranch
Belle of the Ranch
4.9 • 1K Ratings
🗓️ 5 February 2025
⏱️ 4 minutes
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Summary
Let's talk about China's response to Trump being different....
Transcript
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| 0:00.0 | Well, howdy there, Internet people, it's Bell again. |
| 0:04.5 | So today, we're going to talk about China's response to Trump and a question. |
| 0:10.8 | China issued its response to Trump's tariffs, and for many it seems small, almost like they're blowing off Trump's tariffs. |
| 0:19.3 | Some of Trump's supporters are viewing it as the only |
| 0:22.3 | real win Trump racked up in the trade war. And that attitude led to questions like this. |
| 0:29.0 | Quote, okay, you got me. I didn't know that almost everything Mexico and Canada gave us |
| 0:35.7 | was stuff they already promised. It doesn't look like |
| 0:39.3 | he got much, but it looks like China has decided it doesn't want to mess with Trump and |
| 0:45.3 | gave a very weak response, unless they're really going to hit Google. They only |
| 0:51.2 | tariffed a few things in response, and it's things they don't really buy from us. |
| 0:57.0 | Did this at least work to push back on China? |
| 1:00.7 | They only tariffed a few things, and it's things they don't really buy. |
| 1:05.8 | You're so close to really getting this. |
| 1:08.8 | China probably doesn't care too much about the tariffs Trump imposed. |
| 1:12.6 | Sure, they would have preferred they not happen. But once it's all charted, their system allows them to |
| 1:19.6 | export at incredibly low prices. So they'll still be competitive. In some cases, they don't even have |
| 1:26.6 | competition. And if they can remain |
| 1:29.7 | competitive, why should they care about the tariffs? They don't pay for it. You do. That explains |
| 1:37.5 | why their tariffs were very targeted as well. They're not so mad at Trump that they're going |
| 1:43.5 | to raise prices on themselves by imposing |
| 1:46.6 | broad tariffs. But beyond the tariffs response, they did some other things. Rather than raising |
| 1:54.2 | prices on themselves, they announced export controls on some critical minerals. These are minerals that are required in a lot of high-tech |
... |
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