Why the West rejects a new wave of cheap Chinese goods

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Thank you for mentioning the geo-strategic angle, which too many economists shrug off

Brazil has a history of putting tariffs on import vehicles specifically, and it was no surprise when they added new ones for China’s new EVs

Your meow sound made my dog wake up and ago go bark at the window

Another Joeri classic

Could you do a video about older trade wars and how they got resolved?

It may be an aside but that jacket is bleeding tasteful. The orange buttons on the end of the row is just first class.

Dankje Joeri voor je geweldige video's!

Trade wars aside, I need to know where you get your suits from.

Brazil is not taxing China specifically, it's taxing ALL IMPORTS. They want to disincentive people from importing to "protect" our local market, which funnily enough, imports most of its products but pays overall less taxes because they buy in bulk. It's corporatism. A lot of politicians benefit from this since they are financed by those same corporations. Also, the current government leans a lot into taxing as much as possible as a way to generate more revenue, which is shortsighted, but they're not known for being intelligent.

Do you know that in Zimbabwe, there is a 96% tariff on all imported vehicles? We pay twice as much as our neighbours for the same cars.

The BYD seagull cost USD 9,700 whereas the cheapest US EV cost USD 30,000 . Even if you put a 100% tariff, that Byd will still be close to USD 19,000 . For now , i think even a 100% wont be enough to save US Auto jobs. The tariffs will need to touch 200% at least to make it work for US EV automakers

A thoughtful commentary. Well done!

Are you planning to create a follow up video on this topic which would explain potential effects of this policy for the Chinese domestic market?

grats on joining nebula!

Thanks

You cant save the economy with tariffs.

Free trade is always advocated by those who have an advantage. When their advantage disappears, they turn to protectionism. Often an internal battle is the result: those who are benefitted by continuing the trade against those who are hurt by the trade. In the 1970s, Japanese imports surged. Mid-West states opposed it But many consumers liked it, especially those in states without car manufacturers. Eventually the Japanese made big investments in the US, producing cars here. The result is a compromise.

The yanks can also have back door access to civil aircraft flying over china airspace.

Excellent video. Thank you