When can't compete, change the rules.

@lefturn99

2 ай бұрын

That's what China has done for many years.

@jetli740

2 ай бұрын

@@lefturn99 give an example?

@melleblanc971

2 ай бұрын

The american way!!

@jogana6909

2 ай бұрын

China's efficient manufacturing industry was slandered as overcapacity by US.

@shawnnoyes4620

2 ай бұрын

@@jogana6909 Heavily subsidized Chinese Gov't and stealing IP from US and Europe gets you a long way .... Wake Up!

Why so whiny? Zero Chinese cars sold in USA so far 😂

@davidpearn5925

2 ай бұрын

The mere thought that the public might like their products because they are relevant and affordable. Let's not have any of that then.

@i6power30

2 ай бұрын

Just wait till China discovers a cure for cancer and won't sell it to the US

@Carl_in_AZ

2 ай бұрын

Polestar is made in China and is opening a plant in Carolinas this year.

@thomasanthony2970

2 ай бұрын

Ain't Raimondo said that there's already 3 million car in the US😅

@i6power30

2 ай бұрын

@@thomasanthony2970 I believe Buick, Cadillac and Volvo are all Chinese

They said the same thing about the Japanese in the 1970's and the imports made the US automotive companies do a better job of making cars.

@DavidC-pg6ni

2 ай бұрын

Although the US Automakers lost a HUGE amount of the market.

@jrb_sland

2 ай бұрын

@@DavidC-pg6ni So what? The open market is indifferent to country of origin - make a superior product at a competitive price & your company will be profitable. Not otherwise... Why should Americans coast-to-coast be forced to buy lower quality, over-priced product? Who benefits? Certainly not your neighbors.

@eugenec7130

2 ай бұрын

Competition and free trade have been the principles promoted by the United States itself. But now that the US is losing out, it is now against what it was touting previously.

Yellen forgot that cheap Chinese products, at the same time, also helped 200 million Americans

@chillfluencer

2 ай бұрын

Helped me a lot. All of my household goods are Chinese. This completely erased inflation for me. I can name countless things where I saved over 100%. In some cases like 16 oral b toothbrush heads I payed 5€ instead of 66€. Quality of the cheap ones is even slightly better.

@BACA01

2 ай бұрын

@@chillfluencer Import the goods from another countries and not from China, because they are made with forced labor and slaves in concentration camps.

@tornmap4385

2 ай бұрын

@@chillfluencer Where do you find all these cheap products

@xinyiquan666

2 ай бұрын

@@tornmap4385 temu

@satriojumeneng7055

2 ай бұрын

@@tornmap4385 Walmart, Ace Hardware, Aldi, Costco, etc.

So it was ok when all of GMs profits came from China sales… but not ok for China sales in US. Competition and innovation eventually win. Let the consumer and market decide.

@DavidC-pg6ni

2 ай бұрын

When you have a totalitarian state that can enforce brutal work conditions and put their thumbs on the scale there needs to be balance. The US companies (outside of Tesla) should have been putting more into lower priced EVs for a decade. Now they’re hurting and kind of deserve to take the L but the Gov can’t let them collapse.

@JohnSmith-ux3tt

2 ай бұрын

​@@DavidC-pg6niOr, those companies, like Tesla, simply couldn't work out how to product a cheap EV.

@elmohead

2 ай бұрын

Cope harder

@RB-eo4eq

2 ай бұрын

@@DavidC-pg6niLet’s not disparage the US’s totalitarian regime and glaring inequality.

@BACA01

2 ай бұрын

There is no competition with chinese crap. They only fool consumers with cheap prices and make them buy frequently.

Destroyed 2 million jobs so then block 100 million people from buying $15k EVs and force them to buy $40k premium priced EVs instead. Signed: Fossil fuel stoogeville Incorporated.

@fredfrond6148

2 ай бұрын

The f150 lightning costs 100,000+ USD.

@callmebigpapa

2 ай бұрын

You can get a new Model 3 right now for 28,500 or you can get used one (2021-2022)with modest amount of miles for 16,000 .....stop spreading this nonsense

@glicerioacosta957

2 ай бұрын

@@callmebigpapa jb5music is a Wumao.

@Chinook-tj9bv

2 ай бұрын

I totally agree: USA should make its citizens to pay more (and much more) for products produced at home. I believe that Trumpster the Dumpster is advocating that policy. Watch inflation go up... etc.

@vanessali1365

2 ай бұрын

I buy $40k EV anytime, to avoid self-combustion ...

She should be more worried with the 600 000 homeless in her own country

@rockycata6078

2 ай бұрын

Try 600,000 on the west coast, 600,000 on the east coast and 400,000 between. "American Refugees" in their own country. 2M Americans in prisons, which is a commercial industry. They even charge $50/day for jails, which are more profitable than hotels; "Yes officer, take me to jail, where I'm better off than the homeless littering the American landscape."

@yuegonghuamei6685

Ай бұрын

More like UAss has over 10 millions homeless on sidewalk outside outdoor with nature 5 star tent hotels and another 10 millions indoor in shelters prison rehabs n subway slums.

Given the high Chinese EV prices here in NZ, I fail to see any evidence of Chinese government subsidy.

@gfan003

Ай бұрын

It's So true, How come all the Chinese EVs in NZ are way more expensive than those Japanese ones. Honda taking over the NZ EV market.

US has regressed.

@jogana6909

2 ай бұрын

China's efficient manufacturing industry was slandered as overcapacity by US. Trade protection will only make US companies lazier and fatter.

The US hates capitalism now.

@shawnnoyes4620

2 ай бұрын

What capitalism? Free Markets? What a joke. Free markets exist at the University of Chicago Department of Economics. Trump and Biden are at least honest about that ...

@ThierryHorel

2 ай бұрын

And the world hates U.S .Period

@JohnSmith-ux3tt

2 ай бұрын

The Democrats do. They are more into a fasc ist model, where they tell the private companies who to, what to sell and how much to sell it for.

@4tress300zx

2 ай бұрын

@@JohnSmith-ux3tt All the establishment. Stupid if you think both Geriatrics run something. They both work for the Pentagon.

@thomasreilly6362

2 ай бұрын

​@@JohnSmith-ux3tt nonsense food, cloths and accommodation are set by the multi national companies. No government sets prices nor does a President. If you are paying more its because these companies have too much power

You mention China’s government pays a sum for each car sold overseas I think you are talking about the rebate of Value Added Taxes paid I owned a factory in China. The VAT rebate was 17%. If we sold inside China, that was the tax. But if we exported the product, that VAT was rebated to us Even tourists in Europe get VAT rebates from countries with a VAT. Save your receipts to show how much VAT you paid

China has displaced Japan as the leading auto exporter worldwide, mainly with evs. And this will get far worst for japanese auto as they are at least a decade behind on evs. China leads the way in batteries and evs, only Tesla is relevent competition, even Korean auto industry is struggling to catch up. The main item needed for every ev is batteries, and China is way out in front in developing the best batteries. Give the Chinese credit due for having the foresight to develop their battery industry when nobody else was investing.

@monipenny408

2 ай бұрын

let's not forget Yen is fast losing value all over world. They have been printing fiat currency for 3 decades or more.

The USA and the planet need these cars now…why? We are heading to 2.5c over. Massive emergency

Weather it's US or india etc, chinese cars should be allowed . May the best win.

I don’t think the United States has the right to tell another country. They can’t go to our neighboring country to build a plant. It’s just a little bit out of their jurisdiction don’t you think and I live here in Florida

@larryc1616

2 ай бұрын

They can do the same to US companies

@larryc1616

2 ай бұрын

NAFTA doesn't allow rule changes because you can't compete. Rules and laws apply to everyone equally.

@fractalelf7760

2 ай бұрын

They have as much right as any country to pressure. Welcome to geopolitical reality

@greghudson9717

2 ай бұрын

They didn't say that BYD could not build in Mexico, what they said was go ahead, but we will put a 100% duty on every car - making them unaffordable.

@diegoflores9237

2 ай бұрын

​@greghudson9717 so why all the whining if the US can just place tariffs making Chinese cars uncompetitive in the USA? The plant being built in mexico is to service the Mexican market and Latin America. Chinese cars are being sold in the majority of countries. If the US doesn't want them, who cares?

The only thing that’s in over capacity is the national debt

@kekeshuoshuo

2 ай бұрын

And politicians

Loosing 2 million jobs vs 2 million people killed

@4tress300zx

2 ай бұрын

And the rest.

@WarrenKLiu

2 ай бұрын

I thought it’s only 900K people killed from a study by Brown University.

Ford and Gm have already dropped sedans. They left the market to the Chinese.

@freeheeler09

2 ай бұрын

Doug makes an important point. If GM, Ford and Dodge are only going to build hyper expensive, gas guzzling monster trucks from now on then they should merge.

@archstanton5973

2 ай бұрын

@@freeheeler09 *:* Nah. It's pretty well known that GM and Ford and Dodge have a "wink wink" agreed upon oligopoly on the Silverado and the F150 and the Ram.

@DavidC-pg6ni

2 ай бұрын

Right now it’s the Japanese and S Koreans who make a lot of the sedans in the US.

US JVs in China simply were not interested to invest in EV development 15 years ago.

Good to hear, well done China

Too many Chinese green technology products? Not really, but still too few. Energy_mobility transitions should proceed rapidly in order to confront the Climate Crisis. Cheap solar panels, batteries and electric vehicles are indispensable to avoid a climate catastrophe. From a Washington perspective there are too many just because policy decisions were made to have low prices and low wages outside the West in order to have low inflation, environmental deregulation and a stable dollar even with enormous deficits. So it’s just harvesting what you sowed. (Aside, Mexico is a sovereign country and is willing to embrace the green energy transition. BYD’s plans to build a plant has not been cancelled.)

The only loser will be the american consumer.

@andreasl4507

2 ай бұрын

Not really becouse everyone buys what they can afford and second owner value won’t drop like a bomb on all cars, like it would if you let china cars come

@eugenec7130

2 ай бұрын

The time where the world is enjoying low cost, high quality Chinese EVs but the Americans are stuck in their old gas cars is coming soon.

2% inflation can’t be achieved without Chinese import

@targetfixdreamdoctor8563

2 ай бұрын

Achieve brother, if we make it other than china, where labour price low, this is lower than 2 percent

@MathewVarkey-lp6gp

2 ай бұрын

@@targetfixdreamdoctor8563 Take any Asian country their supply chain is not established like China. Not just human capital, Supply chain is very important to produce cheap products. India and Viatnam may take years to reach that level.

@BACA01

2 ай бұрын

@@MathewVarkey-lp6gp And you better make it sooner than China enslaves you

@targetfixdreamdoctor8563

2 ай бұрын

@@MathewVarkey-lp6gp yes, this is most important and I know that like china there is no other Asian country in where such a huge supply chain, but India buliding it very fast,thier edfc and wdfc which is completed just a huge milestone, for reduced cost, mostly companies set-up thier plants coatle roads, so brother this is a huge advantage any company, at least India have coastal roads

@xinyiquan666

2 ай бұрын

@@targetfixdreamdoctor8563 no, india is not even as good as vietnam in infrastructure, and their efficiancy is zero, also supply chain is not just roads, but elercinicty, and education, you need trained engineers and skilled worker, also most importancae is technology, supply chain is technology, only china has that technology to build every part of chain, it is not just who has more people, but technology, for example china owns 99% patents in extraction and refinery technoloy in minerals and rare earth, 100% of eletconic parts and IC are supplied by china, china is top 1 in patents in entire world , you can not have complete supply chain if you dont have those patente, do you even knw everything produced in vietnam and india or mexico or even japan are either from chinese companies or on all chinese parts and chinese materials?

Every single new industry sector goes thru the same survival of the fittest process. When is China's turn it's a bad thing? How? Why?

@brianliew5901

2 ай бұрын

Chinese aren't Whites, dude that's why. 😂

Chinese EVs are sold cheaper in China than overseas. How does subsidy work backwards?

Who says a BYD factory in Mexico can ship EVs to North America only? Don't rule the rest of Latin America out just yet.

GM, Ford, etc management is to blame and should pay the price for poor decisions, not the workers. Not likely to work like that.

@Reddylion

2 ай бұрын

👍

Chinese EV manufacturers know that the US won't let them sell their cars there.

@monipenny408

2 ай бұрын

I don't think China cares either way, U$ is such a small market. The entire G7 is only about

BYD owes you a commission. I just checked out the seal and the other 2. So impressed! I’m buying one.

The bigger they are, the harder they fall. The US car market is on the brink of its largest disruption in over a hundred years and those with a vested interest in the status quoe are running scared. Won't change a thing in the end. The in-between stuff is mere noise.

@308_Negra_Arroyo_Lane

2 ай бұрын

$50K Pickup trucks! Booya!

US whining again. All they need to do is come up with a better product 😅

@chillfluencer

2 ай бұрын

...that would be stealing...again.

@johan554

2 ай бұрын

It's quite difficult to come up with better products when your competitor has nearly free (child) labor and can sell their products at a loss, since their government's top priority is 'taking over the world economy'.

@nobodyli6543

2 ай бұрын

@@johan554 you get homeless people & private prisoners, get them to work

@dr.x4050

2 ай бұрын

@@johan554 @nobodyli6543. Robots will be on the assembly line this decade. Then the "free" child, homeless, and prisoner (or any human) labor will no longer be needed or wanted. Better to focus on the product than the labor.

@jessicayoung1190

2 ай бұрын

​@@johan554At least the Chinese government is not busy doing the regime change like the U.S .

At such low prices, the whole world can buy. Ignore the yankee market. Let yankee auto companies price gourge the yankees.

@monipenny408

2 ай бұрын

I do hope U$ go ahead and stop all Chinese EVs import, that way South America will get the latest not just EVs, ports, roads, bridges, HSR. Nobody cares about U$ the rogue terror state.

And, how many jobs were provided in the US by manufacturing goods that were sold to china.?

@DavidC-pg6ni

2 ай бұрын

Way fewer. Much of the trade with China was Food, Machinery, etc. to build out manufacturing plants over the years and now that manufacturing is being developed and built in China.

@pipiqiqi4010

2 ай бұрын

​@@DavidC-pg6ni Chinese want to buy the chips and other high technique, but the US refused to sell.so what products you want China buy from US except the food?

Just look at where american manufacturing is...Boeing is a good example, corporate greed and short sighted thinking over quality and safety.

@DavidC-pg6ni

2 ай бұрын

SpaceX is the most Advanced manufacturing Company on the planet (and Off the Planet). They Launch 80% of ALL Tonnage Globally to Space. There’s plenty of great manufacturing companies in the US, however lots of Old manufacturers are sliding into disrepair. Boeing has been going downhill since the McDonnell Douglas merger decades ago. They absolutely are a mess. Need to be completely overhauled. Engines and Doors just falling off the planes is ridiculous. Software sucks too because the culture at the company is terrible. Not doing their jobs and afraid to speak up.

@teatree6228

2 ай бұрын

@@DavidC-pg6nispacex crashed

@teatree6228

2 ай бұрын

Boeing - iphones with wings-national security risk- gina raimondo

The US's main issue is it has failed to invest adequately in its own industries. It has also allowed ridiculous flight of capital to low/no tax regimes like Ireland. The end result is a loss of confidence and steady undermining of the country's capacity to produce high tech capital and consumer goods. This is shown in the many high end consumer goods coming from China that simply cant be matched by stuff produced in US, mainly because the US has not invested. Aggressive pro-investment strategies would likely turn things around.

@DavidC-pg6ni

2 ай бұрын

Just passed the Chips Act and other manufacturing and infrastructure laws. They’ll take a few years to have the effect as factories are built.

You are bang on as to the OEMs getting most of their parts from China. This is true for their EVs and ICE cars equally. Sure GM gets a lot of stuff from Hyundai industries but most of the subcomponents, particularly electric ones like motors and switches and circuit boards, come from China first. Lock the door completely against Chinese imported cars and they are likely to say to the OEMs "No more parts". This will crash the OEMs and madly drive up their costs. If they can find a way to source the parts, after being shutdown for months and months, they will be more expensive and the OEM car prices will rise even further.

Literally she was waving white flag in china. remember 'trade war is easy to win?' lol. eat that

How much Americans saved over 20 years?? A lot. Competition is good for consumers. Back then USA fored China to open the door so they can sell goods in China.

@DavidC-pg6ni

2 ай бұрын

China didn’t buy much but machinery and equipment and food. Now they want to replace most foreign manufacturing with Chinese.

China is making environmentally friendly cheaper cars

The Electric Viking, This made me laugh so much! Thanks for sharing!

赢，自由贸易，输，国家安全

Americans like those Chinese Volvos and Polstars.

@LifeAfterLosing

2 ай бұрын

They don’t really sell well. I would be surprised if Polestar lasts here much longer. If they do it will be because they are subsidized by their government. Do I think that Chinese cars should be allowed in? Yes, but only if the same rules apply for our manufacturers in China. They have to team up with an American company, produce cars in the U.S., and so on.

@larryc1616

2 ай бұрын

​they can just goto Mexico and sell into the US per NAFTA just like all other foreign countries and foreign companies

@lorenmerriman8439

2 ай бұрын

@@LifeAfterLosing To produce cars in China no longer requires teaming up with a Chinese company. Tesla is the only USA company following the new rules in China.

@kamsunleong6648

2 ай бұрын

​@LifeAfterLosing Chinese battery maker Gotion tried to set up a factory in Michigan. Town folks protested as they don't want a commie company in their midst. They don't want to work for commies. So how?

@thewishmastur

2 ай бұрын

⁠@@LifeAfterLosing…stop your pie hole nonsense. We need to allow Chinese EVs into the country. Good for consumers. Competition is good

If a foreign country comes over and says hey you're making too much stuff just tell him too bad

Quality is the reason. Competitors is a good thing. The better unit will win. As a 33 yr employee of Ford motor. I can say I won't buy legacy. The garbage I see every single day is mind boggling. About half the units need some type of repair every single shift.

@JohnLee-

2 ай бұрын

Tell me about it new transit van, more than 3 item that are not put together right.

How many EVs had been imported into the US…zero!😂😂😂

@larryjolicoeur7169

2 ай бұрын

Polestar

The USA legacy auto industry has ignored BEV's since day one hoping it would all go away & now they're complaining about Chinese BEV imports. Blame the dinosaurs in charge & not the Chinese.

It is the lousy US car destroyed their auto industries. Who in the world would want US cars?

They didn't mind cheap chinese products destroying American jobs 30 years ago when it was made with US patented licences. US Big-Tech investors were making good profits on it. Now that those cheap chinese products are more and more made with chinese patents and the US Big tech investors cannot make their big profits, US job losses become suddenly an important political narrative.

The UK’s car industry was virtually wiped out by the Japanese in the 1970’s despite tariffs being imposed. Truth is our cars were plain awful. Old fashioned, unreliable rust buckets produced in factories and on lines that dated back to WW2. Protectionism doesn’t save jobs in the long term. Innovation and investment does.

@eddychan2112

2 ай бұрын

American owned the market before the 80's. I had a $8000 brand new Firebird and it stalled in the middle of busy road and GM mechanic treated it as a small simple problem. After that I never bought another American car.

If the U.S. can or want to build good quality and good performance EV's for their own market then fine. We all want to support our own country's economies. But what alternatives to Americans have. Ford? GM? They're years behind. Am I correct in saying that even Tesla says its 'Redwood' or Model 2 will be built in China? Four things to remember: Is it safe, is it reliable, is it economical..... and how much is it? When was the last time you DIDN'T buy something you really wanted because of where it was made?

If u want to compete then start working hard like chinese.

When someone says trade with another country cost you jobs they are idiots. Trade makes both partners in the trade better offer (why would anyone accept a trade if it wasn't in their best interests to make the trade?). The lost jobs are in companies that can't compete--they are products that are not demanded because of poor quality or high cost. We should all understand that other countries also buy from us, which is only possible because we buy from them.

@chillfluencer

2 ай бұрын

Well: Ford and GM cannot compete because these brats have been spoiled and got countless participation trophies by the US "government" for decades.

@DavidC-pg6ni

2 ай бұрын

That’s not always how it works, which is why there are huge trade imbalances and issues with workers in many cheap countries.

@JohnLee-

2 ай бұрын

​@@DavidC-pg6nicheap country , I don't think the worker are paid cheap, they may earn a good living.

I don't get it GM Ford Chrysler Toyota and a bunch of other car companies make cars in Mexico and ship them to the United States an example is the Tacoma

To be fair, both Australia and NZ has fairly aggressive R&D incentives for many fields designed to increase development within each country.

Tesla seems to be competing against these cheap Chinese electric vehicles right in their own country. What incentive would China have to sell their cars at a loss? The US should be improving their own industries instead.

What destroyed those jobs is the incapacity of big auto to build decent cars - EV or even ICE Thx, Sam 🖖🏽

@eddychan2112

2 ай бұрын

Agree, the main problem is 'American's inability to complete'.

@eddychan2112

2 ай бұрын

'compete, not complete'.

BYD does not sell cars in the US. !

When you can’t win policy comes in to play, which was exactly what China did some 30 years ago on importing foreign-made cars with 200% tariffs. US is learning now…

Who thought outsourcing manufacturing jobs to China with labour cheaper for business owners, er oh yes, you did. The games not going your way, change the rules.

Same old story.... If it's a great cheap car, we can't have it. Toyota Hilux comes to mind. Diesel powered Ford Ranger. The list goes on and on...

China may consider banning US cars in retaliation? That would be the end of a US icon, GM!

Janet doing a great job lobbying for legacy US car manufacturers at the expense of us consumers

@ianlo3253

2 ай бұрын

Don’t forget about the US owned petrol corp! Flooding US with Chinese EV spells the end of oil companies never ending profit and influence in the US congress

The most superfluous thing in the world is that the United States keeps printing their dollars.

Free market means everybody should compete with each other, which will bring better products and cheaper prices to consumers. However, it is not FAIR competition to have European or American companies try to compete with Chinese companies who are receiving subsidies from the government specifically for export products. It is fair to expect Renault or Ford to compete squarely against a Chinese company, but it is NOT fair to expect them to compete against the Chinese government.

There is no “cheap Chinese EV” in US, but they did let “cheap” comrade VinFast factory 8n California, and there is no two million EV auto workers in US, lol.

Gas lighting the problem, while technology is moving forward… America had the first position to be a world leader and try evolving beyond the crude oil pay wall… But like any troglodyte they kept winning until it didn’t… So now competition is coming and they don’t have backup plans… The best thing to do is a partnership plan and try to build up their proprietary technologies on the down low until they have grown in strength…

@larryevans6739

2 ай бұрын

Or shift emphasis to where we can add value. Kind of like how Apple makes more money than the manufacturers that make its phones in China.

@DavidC-pg6ni

2 ай бұрын

@@larryevans6739Apple could be shutdown practically overnight by the Chinese. They know it and We know it. Can’t have the same happening with Automakers and Missile Components and other vital things. It’s why Apple is trying to move major parts of their manufacturing outside of China. But they’re still vulnerable because of components that come from China and are shipped to the new countries.

@DavidC-pg6ni

2 ай бұрын

Don’t confuse AMERICA with Legacy Automakers. Tesla will continue to grab more market share in the US as Legacy Auto shrinks because they are more interested in stock buybacks and CEO Bonuses than building the future of Automotive.

Trump said his terrifs were to pressure chinese companies to come to America to manufactor and create jobs. The only solution is for American companies to step up.

These corporate entities don't have a vested interest in preserving any community, automation and profit is their goal

If America wants to use its own overpriced craps, let it be as the world is a much bigger market. 😂😂😂😂

@monipenny408

2 ай бұрын

reality is nobody gives a damn what U$ wants. US is finished, it barks but the chinese caravan moves on.

Isn’t one of the reasons electric cars are not profitable in China the price war that Tesla started? You could say that Tesla is a threat to Chinese car companies because they were flooding the China market with cheap cars with the obvious goal of driving those car companies out of business. That is what has made the prices unstable. All the undercutting in the price war is unsustainable for many companies, but of course this was the goal. However you didn’t see the Chinese getting all upset and saying they wouldn’t allow it even though it was a serious threat to their car companies.

@roddiechan

2 ай бұрын

Very good point. And it's true

@DavidC-pg6ni

2 ай бұрын

YES. CHINA DID say something about it. Go back and research. They were very upset because the government backs a lot of those Chinese Car companies.

Hello mate, your microphone has this low thumping sound that comes and goes, not sure if you’re bumping the speakers or possibly the desk. I use headphones and its really noticeable. Hope that helps

Chinese pickup trucks from BYD & Geely will be launched very soon, but probably not in America (yet).

Basically, if you cant compete with the competitors, you're out of the game. Lower prices are always good for consumers, unless u want to pay alot more for american or local made EVs. Overcapacity statement only applies if its in your domestic control, it does not apply to other sovereign countries. U cant tell other countries theyre selling green energy items at a lower price and at a large quantity. You have no right to, well unless you're US cos they dont care about international law and free market mechanics

And what is with the Tesla robots for the automotive industry? No loss of jobs?

I don't care even if it is 20 million American jobs.

Great videos, keep them coming Sam.

President Johnson started the Chicken Tax in 1964.

@larryevans6739

2 ай бұрын

He keeps getting this wrong and I point it out in every video. Sometimes i think he is doing it to spite me. However, the real "chicken tax" on pickups, plus the 27.5% tariffs on Chinese vehicles add up to 52.5% in total tariffs.... which is why Chinese automakers are not focusing on pickups for the US market.

i mean something's gotta give, the average car is $50k at 7% interest.. prices are only going up, and americans are car dependent.. ppl are already driving without insurance because they cant afford it

@DavidC-pg6ni

2 ай бұрын

No. Prices in EVs have been going down and there’s a $7,500 incentive too. The EVs being made in the next 3 to 5 years will be in the $25K to $30K without Chinese vehicles and before the $7,500 incentive.

Li Auto is also making money on their PHEV which only competes with BYD and much less competitive

What dumping? EV on average is about $17k in China. When they are sold in Europe, it's $38k.

Toyota used to build most of cars in Japan and ship them to America for simple assembly .

The big difference …auto jobs are union and solar jobs are not.

We need to focus on things we can compete with China. Although clearly Tesla is doing it. We need to give Americans opportunity for jobs by allowing LFP manufacturing etc. Likely M3P would be good also. More joint ventures that create jobs here.

If you watch other medias around the world, everyone is criticizing Yellen for her statement including CNBC especially on green energy products. Is she working for the corporates or the American people??

@larryevans6739

2 ай бұрын

Perhaps American unions.

@DavidC-pg6ni

2 ай бұрын

The Legacy Automakers have failed to keep up with Technology and will need massive bailouts or BKs because they spent all their money on stock buybacks and pumping up their CEOs paychecks.

@JohnSmith-ux3tt

2 ай бұрын

At this stage, I doubt she knows she's doing. Just listen to her. Shocking.

@douglaswatt1582

2 ай бұрын

CNBC is the worst. Quoting them does not help your case

Detroit was closed 30 years ago ....there were no Chinese at the time.......

While American workers Union was suing Tesla for 550 million because of over work and unhealthy working ethics, in response Tesla fired all the workers and moving abroad.

I always thought that things would get cheaper in the future because they were easier to produce, but that’s not true easier to produce now they’re just jacking up the prices. Remember back in the early actually midnight when you could get a key radio for $6000 out the door, it was basic but still it was a $6000 card that could get you from point to point me

Janet is right about concerns related jobs but then so is China related to advancing green technology. The bottom line is the climate is going to revamp the world making areas livable and others not so much. Pollution continues to rise and illness will dramatically increase over coming decades if nothing is done to change course. She said it’s about saving jobs but truly it’s in the interest of CEOs of major companies by saving them. The ironic notion is jobs will increasingly be on the chopping block thanks to AI and automation. Job loss will be picking up speed over the next several years so really in the end Janet’s mission is not what it appears to be. Technology and climate change will have the final say as neither can be stopped. The question and concern then become how much time is left?

How many US jobs have been destroyed ny automation and off-shoring. It was Yellin and her ilk which promoted these.

Just million jobs. How many lives US made people lose in middle east?

Like in coordination with Yellen, just couple days ago a local Los Angeles public transportation service that using electric buses just suspended their service to the locals who depend on commuting, claiming the buses has charging problems that has potential safety issues. That locality is exactly where BYD’s E bus factory is located. Coincidence? maybe! But my hunch is they are scheming to force BYD to sell it to US companies, just like want they are trying to do to TikTok.

David Haggith, an economics writer and author of The Great Recession Blog, said the U.S. commercial real estate (CRE) crisis may be worse than the market is talking about. He warned that this would cause millions of people to go bankrupt, and that 1,619 banks may be at risk of failure if the Federal Reserve does not "step in" to rescue them.

How ironic Tesla the only true American made car

@passby8070

2 ай бұрын

Not really, if wasn't for Shanghai, Tesla would still make a lost and selling far less cars.

I don't care about US job market, my concern is all about if i get to buy cheap and good quality car.

Notice the top bosses in China could not be bothered seeing “Meemaw” from US&A as they predicted the waste of time from her - the senile yada yada from her about manufacturing capacity of others…now back to funny farm she goes!

Legacy Auto Companies around the world had made billions of dollars profits in China for many years. But when China make their own car and starting to sell them to the world at a lower price, benefiting the middle class people, the USA, and other legacy, auto companies don't want that to happen . China Auto Companies is disrupting the Auto Legacy Companies of high profits earnings, and that is bad for the world economy . USA, USA, USA, 😉💖🔋🌞💯🌏✌️

The problem is they keep telling us that we want bigger trucks and cars with more tech but thats simply not true. We want practical vehicles we can afford. A 25k body on frame pickup and a sub 20k EV would fit the bill.

Until the charging situation is sorted and people can trust the charging system, both in Britain AND in America, the electric vehicle will not be a viable proposition for many people.

@IspanUrkut

2 ай бұрын

I just asked Bing Copilot how many charging stations there are: United States: As of November 8, 2022, there are approximately 56,256 EV charging stations across the U.S. China: As of May 2022, China boasts a much larger network of EV charging stations. The total number of public EV charging stations in China is approximately 1.419 million.

I want a BYD vehicle . Certain states should be allowed to import them for sale

if the US allow the Chinese companies operation in US, then there would be more jobs in US.