China Halts Shipments to the US and EU | What Are the Effects on Global Trade? | wisdom wise

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Published 2024-07-06
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In this video, we delve into the recent decision by China to halt shipments to the United States and the European Union.
What are the immediate and long-term effects on global trade?
Join us as we explore the potential disruptions to supply chains, economic impacts, and how businesses and governments are responding to this unprecedented move. Stay informed with the latest insights from wisdom wise. Don't forget to like, subscribe, and hit the bell icon for more updates!

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All Comments (21)
  • @davidwoon6402
    China is more than happy to trade with friendly nations. 🇨🇳🤗🌍
  • @kittoybig
    What exports? What products? China has not made any announcementS regarding this! Where did you get this information ,?
  • @Krakondack
    strange that this is nowhere in the news.
  • 100% a win for all freedom loving nations. More jobs in the west and marginalization of aggressive Chinese policies
  • @brianhong301
    CN will first impose tariffs on all its Exports to the WEST particularly if Trump is elected to ensure their GOVTS do not get to use CN goods exported to raise revenue when they could not raise the taxes on their ELITES or public who will revolt. The volume of Export will reduce which will reduce exposure of CN COs to the USD which will crash, only a matter of time as soon as US fails to raise even more debts. CN COs need to get more leg time so need to be informed of such as early so they can factor such in their commercial decisions, ie not sign supply contracts that cannot be terminated for the same period of time given by CN before its new policies bite. YES this super mega move WILL cause the WEST to re-think. Drop out geo-politics from international trade or face the ULTIMATE DECOUPLING. Other nations that CN continues to export too WILL NOT DARE TO RE-EXPORT SUCH TO THE WEST or CN’s exports to them will terminate too.
  • @user-ib3ke5ee4u
    used to show not much tolerance to trade silver with chinese goods before. until mutual trust will set up temporal suspension of direct engagement seems good idea. Meanwhile sit back and relax directing the gratitude to 上帝 for thus far He have lead, if He have preserved last 5000 years surely will care the nation coming 5000 years.
  • @dougwright3287
    Why have you put subtitles across the screen in the SAME language as the audio?? What the hell is the matter with these guys???
  • @user-df5zq9up3t
    If only it was true. Lets see what effect it would have on china. Increase the unemployment as its impossible to find new markets quickly. GDP would fall to 0. As no manufacturing is occurring. The CCP revenue would fall to 0 as no chinese would be able to purchase any products. Love the idea. Lets do it.