American loonies in Washington fleecing American consumers with high tariffs

 What they now fear most about their legacies being destroyed, and consigned to history, is the internal combustion engine cars, probably their last legacy left, which is getting killed by EVs.

This will affect ICE vehicle manufacturers in USA, Japan and EU, in particular Germany. We can tell that these three countries realize the consequence of competition from EVs, which China is dominating. And that is why there is all the talk about increasing tariffs to the sky to prevent Chinese EVs from being imported into USA and EU.

Many analysts are saying that even if they increase EV tariffs triple times, Chinese EVs will still be cheaper than Western made ones. So, how could EVs made in USA, Europe and Japan hope to compete in the Global South? Even for their domestic market, they made expensive EVs, impose tariffs on Chinese EVs to make them expensive, and are in fact punishing their own people and forcing them to buy overpriced goods.

Raising high tariffs is the first step of their war against Chinese EVs. Meanwhile, they want to make hay while the sun shines, as those tariffs are additional taxes benefitting the Government of the USA and EU.

China is retaliating. China is investigating dairy products from the EU, targeting EU farmers as a first step. This is going to hurt the EU farmers, just like China raising tariffs on soya bean products from USA at the start of the trade war. China probably has found alternative sources of supply, for example from Russia, and some friendly European states and South American countries. The Chinese think years ahead and act, not on the spur of the moment, and will not be looking back with regret. 

Anonymous

America throws Europe under the bus

 

 All the Mickeys think the USA will always be behind them. A slogan claiming 'iron clad' support can get rusty in time. Or when the chips are down. Or even a change in the White House.

That is why NATO is terrified of a Trump victory in November. Trump already demanded EU's contributions towards NATO expenses be increased, while the USA still controls the alliance. Heads the USA wins, tails the EU loses. Not to talk about the massive economic losses already suffered by the EU, resulting from the Ukraine war, which are the countries framing NATO.

The USA left the South Vietnamese in the lurch after they lost their pants and fled. The former 'USA stooge of an Afghan Government' was left to face the Taliban, after the USA also fled, losing their pants in a hurried exit. And that 'USA supported Afghan Government' also fled in the face of small arms wielding farmers.

The Taliban took over a treasure trove of USA weapons left behind in Afghanistan in their hurried exit. They reversed engineered them and are now using some of them - free of charge which would otherwise cost them millions. They are also exposing all the secrets culled from their captured USA equipment.

Anonymous

PS. Europe is a colony of the American Empire and would be coerced to fight and die for the Empire. Now most of them are going bankrupt, unable to buy cheap oil and gas from Russia, not allowed to trade with China and Russia, and have to empty their savings for the war in Ukraine.

Anonymous

American weapons are basically junk, but stupid allies dare not talk about them

 Most of those countries wanting to buy top-end USA weapons were denied. Perhaps the USA was afraid of letting the cat out of the bag over their overpriced dud weapons that may even fail to work in too many instances. This will expose the secret that their weapons are basically junk, which they had been trying to keep from being exposed. If more countries used those weapons, the more likely will they expose their shortcomings.

Remember the Saudi experience with Patriot Missiles protecting their oil installations? They failed to work even against crude Houthi rockets and the Saudis were pissed. That was why the Saudis turned to Russia for S300 instead. And what about the highly touted 'Iron Dome' protection cover with rockets provided by the USA. It also failed to protect the two airports that were hit by Iranian missiles.

In return for the Saudis continuing to price oil in Petrodollars, the USA was to give protection to the Saudis against any threat, true or imaginary. Iran was not on good terms with the Saudis then, which is true. Now with the peace deal between Iran and Saudi Arabia successfully brokered by China, the problem of threat has been solved for MBS and USA protection is not even needed.

But we all know that things really started not working out between USA and Saudi Arabia with Mohammed bin Salman taking over from his father. That was when relations started souring and MBS even snubbing Biden and all other Western leaders that visited the Kingdom, begging for more oil extraction. (Biden stupidly and disrespectfully called MBS a pariah. This is totally unacceptable to Saudi Arabia).

The real slap on Biden's face was the reception that Saudi Arabia gave Xi Jinping during his visit to the Kingdom in December 2022. It was a grand welcome, with jet fly-past as well. It was an indication of how much MBS valued relations with China. 

Anonymous

Americans wanted to continue to freeload on the rest of the world

 When you stir a hornet's nest, expect to be bitten. It is no use for Janet Yellen going around complaining that China is overproducing everything. Instead of taking up the challenge to compete for progress, the USA just wants to pull others down to their level of incompetence. This will benefit nobody.

The USA had, for most of the seven decades after WW2, been thinking that the whole world owed them a living and would have to produce for them to freeload, and all they have to do is keep the printing presses working day and night.

And they soon realized that it worked very well for them by just resorting to freeloading, it also led to their hollowing out of their industrial base, with companies shifting operations to other countries with cheaper costs, and China had all the slaves while the USA companies just have to pay 'slave wages' to produce the goods for their enjoyment.

After enjoying all the benefits for decades, they started the hubris that it was China that stole all their jobs. When they saw countries like India offering even lower slave wages, their companies started moving to India and it was time for them to demonize China using the jobs issue and slave wages hubris. 

anonymous

Land of the Free versus land of Communist China

 

CHINA vs USA: The Streets || 美国vs中国......震惊

8 minute clip by a South African girl who lived in China. Land of the Free versus land of Communist China.