Unlikely we will see a meaningful reaction from China, says Leland Miller on EV tariffs
Leland Miller, China Beige Book, joins 'Fast Money' to talk U.S. hiking tariffs on China EVs.
Жүктеу.....
Пікірлер: 133
@triple833124 күн бұрын
Losers focus on winners. Winners focus on winning. 🙄
@andysk5438
24 күн бұрын
Does that explain the PRC's focus on Taiwan?
@madsam0320
24 күн бұрын
@@andysk5438 PRC is not as focus on Taiwan as some outsiders are.
@andysk5438
24 күн бұрын
@@madsam0320 Really? Do they have time to focus on other things in the short breaks between praising the Dear Leader and yelling 'death to the West'? Tell me more.
@jacksmith-mu3ee
24 күн бұрын
@@andysk5438then why is usa focused on china
@andysk5438
24 күн бұрын
@@jacksmith-mu3ee Probably because of the following Soviet joke: - Comrades! Lenin has opened our eyes! -Our eyes too.... a little bit (squinting is also customary) The original in Russian is: -- Товарищи! Ленин открыл нам глаза! -- И нам ... цуть цуть/ (А нам не оцень...)
@tomtube101224 күн бұрын
Apparently, free market economy means putting up 100% tariffs on competitor's products because it's too cheap. 😃😃
@icu17siberia
23 күн бұрын
cheap in more ways than one
@tomtube1012
23 күн бұрын
@@icu17siberia BYD EVs (like the Seal and the Dolphin) gets 5 star safety ratings in both Europe and Australia.
@tomtube1012
23 күн бұрын
@@icu17siberia If they can get 5 star ratings in Europe and Australia, they shouldn't have trouble meeting US requirements.
@JogBird25 күн бұрын
imo this is a sign of weakness, its like the spolied rich kid who loses and take the ball home with him/her
@valetudo1569
24 күн бұрын
Your opinion is not too informed then
@tomtube1012
23 күн бұрын
Spot on. 👍👍
@icu17siberia
23 күн бұрын
so be it....
@user-ji3tw6wb4r24 күн бұрын
If China wants, we can also raise tariffs to 100% on high-end cars imported from the United States, Fords, Lincolns, etc. It's just that we don't want to act like a bully like America.
@All-gp3tt
24 күн бұрын
China should!
@valetudo1569
24 күн бұрын
Lol okay, if you think America is just a pure bully than you're bias is extreme. If you think China is completely innocent in any of this tension, then you are like the mother who thinks their child cannot do anything wrong...regardless of who tells them
@andysk5438
24 күн бұрын
Lol, China doesn't "want to act like a bully like America" :) . I suppose that's why China has banned so many American companies from doing business there : KZread is blocked in China, i.e. *prevented from making any money* ; so is Facebook, GitHub, and countless other American tech firms. Now that the US is finally paying them back in kind, these people are losing their chopsticks. Hilarious. I wonder if their sense of self-reflection is surgically removed at birth, or something... it's a mystery.
@rickfeng4466
24 күн бұрын
American themselves don’t buy luxury American brand’ cars, like Lincoln Zephyr and so on, they are already made in China for the Chinese market, so the communist party can’t tariff ‘em
@jacksmith-mu3ee
24 күн бұрын
@@andysk5438 uh huh sure kid List of Countries the US has Bombed Since the End c WWII (may be incomplete) Korea and China 1950-53 (Korean War) Guatemala 1954, 1960 Indonesia 1958 Cuba 1959-61 Vietnam 1961-73 Laos 1964-73 Belgian Congo 1964 Dominican Republic 1965--66 Peru 1965 Guatemala 1967-1969 Cambodia 1969-1970 Nicaragua 198OS El Salvador 1980s Lebanon 1982-84 Grenada 1983 Lebanon 1983, J 1984 (Lebanese, Syrian targets) Iran 1987 Panama 1989 Iraq 1991 (First Gulf War); 1991- 2003 (US/UK "NO Fly Zone") Kuwait 1991 Somalia 1992--94; 2007 Bosnia 1994-1995 Iran 1997 Sudan 1998 Afghanistan 1998 Yugoslavia 1999 Afghanistan 2001--ongoing Iraq 2003 (Second War--more recently predator drones) Yemen 2002, 2009 Libya 1986, 2011
@ooxx181624 күн бұрын
Taxing Chinese EVs also hurts the interests of American consumers, which means that Americans have been spending several times more money to buy worse cars.
@tristanx3508
24 күн бұрын
Another form of government tax just like daylight robbery
@valetudo1569
24 күн бұрын
These policies are bottom up and have majority support of the American public. Why else do you think they are being done in an election year? Because they will garner support
@ooxx1816
24 күн бұрын
@@valetudo1569 The US ain't never imported Chinese EVs. This tax is just like shakin' hands with thin air. It don't serve the interests of American consumers. It just reps the interests of the big shots behind Biden.
@harrychu650
24 күн бұрын
Largely done to favor the unions, not to serve the general public or consumer.
@pyrophobia133
23 күн бұрын
@@valetudo1569 so well timed during election season too...
@LL-rm8xt24 күн бұрын
Lies, cheats and steals !!!!
@user-kb9dd4xl3y24 күн бұрын
When Trump did it they called it tax on Americans lmfao so what do we call it now?
@davidwong5197
24 күн бұрын
Inflation. China only import 0.4% of US steel. US increase the tariff to 25%. Now US steel puice can go up another 25%
@pyrophobia133
23 күн бұрын
preemptive tax
@wenerjy
23 күн бұрын
preemptive tax on Americans who can't actually buy Chinese EVs yet
@ericchen-qo7sf23 күн бұрын
US: " We can sell high tech goods to you at high price, you can't." China: "..."
@wenerjy23 күн бұрын
If US consumers were allowed to buy $10,000 Chinese EVs, all US automakers aside from maybe Tesla would go bankrupt.
@All-gp3tt24 күн бұрын
Well, who are paying the price?
@icu17siberia
23 күн бұрын
who's voicing against this the most, there's your answer
@purplemist277923 күн бұрын
US firms made $472 billion in revenue in China in 2022. Companies like Nike, Starbucks, Apple make billions of revenue every year. Its not just factories, many companies will lose big part of their revenue chain in a single strike. China is the only country where Apple had to lower prices, unheard of in rest of the world.
@8600GTX24 күн бұрын
The government spend over 5 billion to build ev charging stations, and they only build less than 10 high power charging stations in 2 year. And I thought this was a joke or fake new.😅
@davidwong5197
24 күн бұрын
The government is not serious about inflation or environment
@Samuel-ft9hq
17 күн бұрын
simply to.sell expensive oil..
@oscarsandoval994023 күн бұрын
Why even allow Chinese EV cars in America????
@icu17siberia
23 күн бұрын
do you know any American that owns, or longs to buy a Chinese car of any kind based on reputation and quality? Curious
@tomtube1012
23 күн бұрын
Tesla sells in China. If they retaliate, US will lose a lot more than them since their market is a lot larger.
@williamrogers1219
23 күн бұрын
@@icu17siberia The same thing was said about Japanese cars in the 1970s. Do you know any Americans looking to buy a car made by a US automobile company or one from Honda or Toyota?
@super_hero224 күн бұрын
China can just sell EV batteries at ridiculous price
@davidwong5197
24 күн бұрын
US is also raising tariff on them. Biden is not serious about the environment or inflation? You know why US is scared? EV are selling in China for $15K a pop.
@tiberianexcalibur
23 күн бұрын
Here’s the problem, the U.S. gov doesn’t care as long as they can convince the citizens that their cars are better.
@super_hero2
23 күн бұрын
@@tiberianexcalibur good luck doing that with the internet. If china makes their batteries more expensive then the US tesla in particular is screwed.
@tiberianexcalibur
23 күн бұрын
@@super_hero2 I don’t think Tesla has the backing of the U.S. gov. But I know the big 3 does.
@tiberianexcalibur
23 күн бұрын
@@super_hero2 I also want to add that the reason why BYD doesn’t want to sell EV to US was to avoid the tariffs and waiting for relations to cool off. Now that the tariffs have been implemented, they no longer have to wait and start building cars for the U.S. now. The U.S. govpractically accelerated the inevitable.
@ABC-bangkok24 күн бұрын
China has not exported a single new energy electric vehicle to the United States. It makes no difference if you add a 1,000% tariff. Tax on goods that have never been imported? ?😂😂😂😂😂hahaha
@icu17siberia
23 күн бұрын
exactly, so who paying these people to post this nonsense about consumers getting hurt?
@williamrogers121923 күн бұрын
Volvo is owned by Geely Automotive, thus Volvos built on Chinese platforms will be here. BYD already builds electric buses and trucks in California.
@vegamoonlight23 күн бұрын
The US market is Sinophobic. You already have Tesla in the US. China should focus on the Global South and its allies where they can sell more inexpensive and high-tech NEVs and green-tech products. The Global South within the BRI deserves to enjoy Chinese products that are more high-end compared to the US. The US has one or three high-tech brands monopolizing the economy while China has more, which can give consumers in the Global South more choices and even lower prices because of competition.
@Wunderpus-photogenicus24 күн бұрын
Math: 100% on $0 car import from China is, ZERO!!! Might get reelection votes, though. If import one Chinese car, all of the 100% tariff will have to come out of that buyer’s pocket.
@Xiaogao8231
20 күн бұрын
😂
@PeterSedesse23 күн бұрын
It is the same thing as is happening in Russia now. Russia is seizing the assets of American companies who were dumb enough to operate there and getting fully integrated. At some point your risk management in China had to have included the fact that if China invades Taiwan, you are very likely to lose 100% of your assets in mainland china.
@pyrophobia133
23 күн бұрын
frozen Russian assets...
@tomtube1012
23 күн бұрын
US and EU seized $300 billion of their assets first.
@user-gn8nf7fv1t
23 күн бұрын
少看点假新闻..天天看西方媒体炒作台湾话题,无聊..
@tranminhtam78524 күн бұрын
SICK OF ENDLESS BLA BLA BLA-JUST DECOUPLE 100%
@mingming769624 күн бұрын
bully ball
@333bctan24 күн бұрын
Drama la this angmoh 😂
@maxisjordan275624 күн бұрын
China don't raise tariffs on us made ev-cars, because they don't import any🤣🤣
@davidwong5197
24 күн бұрын
Tesla is in China. And GM sells more cars in China than US.
@icu17siberia
23 күн бұрын
@@davidwong5197 yes, but China requires they be made in china 1:1
@maxisjordan2756
23 күн бұрын
@@davidwong5197 those teslas are made in shanghai dude, shanghai tesla mega factory look familiar to you ?
@davidwong5197
22 күн бұрын
@@maxisjordan2756 Well they can compete in China. Why can't they compete with China in US? I think they can. They just don't want to. Americans are easier to rip off with aid of the government.
@tnt_pkk131124 күн бұрын
Soviet Union 2.0
@b.w.215724 күн бұрын
Never trust China-made EV . Japanese and American products have very high quality! Don't be fooled.
@DK-yz9xk
24 күн бұрын
😂😂😂😂
@huib912
24 күн бұрын
😂😂
@huas5350
24 күн бұрын
😂😂
@jacksmith-mu3ee
24 күн бұрын
I ll trust china over cia
@herrwolf5184
24 күн бұрын
@harrychu65024 күн бұрын
Most US consumers don't know that Volvo is a Chinese brand. Me? I prefer to buy from a fine American brand like Tesla ❤
@johnc1873
24 күн бұрын
why? Chinese products are far superior
@byhyew
24 күн бұрын
Made in China Tesla though...
@davidwong5197
24 күн бұрын
Chinese owned made in Sweden. Smithfield is also Chinese owned based in Dakota. And Chinese also own the Panama canal.
@harrychu650
24 күн бұрын
@@davidwong5197 Volvo is covered by these tariffs
@icu17siberia
23 күн бұрын
@@byhyew only the ones sold in China, thats what China does
@TaiwanSausage22 күн бұрын
Yuan devaluation? more likely to happen is USD turning toilet paper.....🤣🤣🤣🤣
Пікірлер: 133
Losers focus on winners. Winners focus on winning. 🙄
@andysk5438
24 күн бұрын
Does that explain the PRC's focus on Taiwan?
@madsam0320
24 күн бұрын
@@andysk5438 PRC is not as focus on Taiwan as some outsiders are.
@andysk5438
24 күн бұрын
@@madsam0320 Really? Do they have time to focus on other things in the short breaks between praising the Dear Leader and yelling 'death to the West'? Tell me more.
@jacksmith-mu3ee
24 күн бұрын
@@andysk5438then why is usa focused on china
@andysk5438
24 күн бұрын
@@jacksmith-mu3ee Probably because of the following Soviet joke: - Comrades! Lenin has opened our eyes! -Our eyes too.... a little bit (squinting is also customary) The original in Russian is: -- Товарищи! Ленин открыл нам глаза! -- И нам ... цуть цуть/ (А нам не оцень...)
Apparently, free market economy means putting up 100% tariffs on competitor's products because it's too cheap. 😃😃
@icu17siberia
23 күн бұрын
cheap in more ways than one
@tomtube1012
23 күн бұрын
@@icu17siberia BYD EVs (like the Seal and the Dolphin) gets 5 star safety ratings in both Europe and Australia.
@tomtube1012
23 күн бұрын
@@icu17siberia If they can get 5 star ratings in Europe and Australia, they shouldn't have trouble meeting US requirements.
imo this is a sign of weakness, its like the spolied rich kid who loses and take the ball home with him/her
@valetudo1569
24 күн бұрын
Your opinion is not too informed then
@tomtube1012
23 күн бұрын
Spot on. 👍👍
@icu17siberia
23 күн бұрын
so be it....
If China wants, we can also raise tariffs to 100% on high-end cars imported from the United States, Fords, Lincolns, etc. It's just that we don't want to act like a bully like America.
@All-gp3tt
24 күн бұрын
China should!
@valetudo1569
24 күн бұрын
Lol okay, if you think America is just a pure bully than you're bias is extreme. If you think China is completely innocent in any of this tension, then you are like the mother who thinks their child cannot do anything wrong...regardless of who tells them
@andysk5438
24 күн бұрын
Lol, China doesn't "want to act like a bully like America" :) . I suppose that's why China has banned so many American companies from doing business there : KZread is blocked in China, i.e. *prevented from making any money* ; so is Facebook, GitHub, and countless other American tech firms. Now that the US is finally paying them back in kind, these people are losing their chopsticks. Hilarious. I wonder if their sense of self-reflection is surgically removed at birth, or something... it's a mystery.
@rickfeng4466
24 күн бұрын
American themselves don’t buy luxury American brand’ cars, like Lincoln Zephyr and so on, they are already made in China for the Chinese market, so the communist party can’t tariff ‘em
@jacksmith-mu3ee
24 күн бұрын
@@andysk5438 uh huh sure kid List of Countries the US has Bombed Since the End c WWII (may be incomplete) Korea and China 1950-53 (Korean War) Guatemala 1954, 1960 Indonesia 1958 Cuba 1959-61 Vietnam 1961-73 Laos 1964-73 Belgian Congo 1964 Dominican Republic 1965--66 Peru 1965 Guatemala 1967-1969 Cambodia 1969-1970 Nicaragua 198OS El Salvador 1980s Lebanon 1982-84 Grenada 1983 Lebanon 1983, J 1984 (Lebanese, Syrian targets) Iran 1987 Panama 1989 Iraq 1991 (First Gulf War); 1991- 2003 (US/UK "NO Fly Zone") Kuwait 1991 Somalia 1992--94; 2007 Bosnia 1994-1995 Iran 1997 Sudan 1998 Afghanistan 1998 Yugoslavia 1999 Afghanistan 2001--ongoing Iraq 2003 (Second War--more recently predator drones) Yemen 2002, 2009 Libya 1986, 2011
Taxing Chinese EVs also hurts the interests of American consumers, which means that Americans have been spending several times more money to buy worse cars.
@tristanx3508
24 күн бұрын
Another form of government tax just like daylight robbery
@valetudo1569
24 күн бұрын
These policies are bottom up and have majority support of the American public. Why else do you think they are being done in an election year? Because they will garner support
@ooxx1816
24 күн бұрын
@@valetudo1569 The US ain't never imported Chinese EVs. This tax is just like shakin' hands with thin air. It don't serve the interests of American consumers. It just reps the interests of the big shots behind Biden.
@harrychu650
24 күн бұрын
Largely done to favor the unions, not to serve the general public or consumer.
@pyrophobia133
23 күн бұрын
@@valetudo1569 so well timed during election season too...
Lies, cheats and steals !!!!
When Trump did it they called it tax on Americans lmfao so what do we call it now?
@davidwong5197
24 күн бұрын
Inflation. China only import 0.4% of US steel. US increase the tariff to 25%. Now US steel puice can go up another 25%
@pyrophobia133
23 күн бұрын
preemptive tax
@wenerjy
23 күн бұрын
preemptive tax on Americans who can't actually buy Chinese EVs yet
US: " We can sell high tech goods to you at high price, you can't." China: "..."
If US consumers were allowed to buy $10,000 Chinese EVs, all US automakers aside from maybe Tesla would go bankrupt.
Well, who are paying the price?
@icu17siberia
23 күн бұрын
who's voicing against this the most, there's your answer
US firms made $472 billion in revenue in China in 2022. Companies like Nike, Starbucks, Apple make billions of revenue every year. Its not just factories, many companies will lose big part of their revenue chain in a single strike. China is the only country where Apple had to lower prices, unheard of in rest of the world.
The government spend over 5 billion to build ev charging stations, and they only build less than 10 high power charging stations in 2 year. And I thought this was a joke or fake new.😅
@davidwong5197
24 күн бұрын
The government is not serious about inflation or environment
@Samuel-ft9hq
17 күн бұрын
simply to.sell expensive oil..
Why even allow Chinese EV cars in America????
@icu17siberia
23 күн бұрын
do you know any American that owns, or longs to buy a Chinese car of any kind based on reputation and quality? Curious
@tomtube1012
23 күн бұрын
Tesla sells in China. If they retaliate, US will lose a lot more than them since their market is a lot larger.
@williamrogers1219
23 күн бұрын
@@icu17siberia The same thing was said about Japanese cars in the 1970s. Do you know any Americans looking to buy a car made by a US automobile company or one from Honda or Toyota?
China can just sell EV batteries at ridiculous price
@davidwong5197
24 күн бұрын
US is also raising tariff on them. Biden is not serious about the environment or inflation? You know why US is scared? EV are selling in China for $15K a pop.
@tiberianexcalibur
23 күн бұрын
Here’s the problem, the U.S. gov doesn’t care as long as they can convince the citizens that their cars are better.
@super_hero2
23 күн бұрын
@@tiberianexcalibur good luck doing that with the internet. If china makes their batteries more expensive then the US tesla in particular is screwed.
@tiberianexcalibur
23 күн бұрын
@@super_hero2 I don’t think Tesla has the backing of the U.S. gov. But I know the big 3 does.
@tiberianexcalibur
23 күн бұрын
@@super_hero2 I also want to add that the reason why BYD doesn’t want to sell EV to US was to avoid the tariffs and waiting for relations to cool off. Now that the tariffs have been implemented, they no longer have to wait and start building cars for the U.S. now. The U.S. govpractically accelerated the inevitable.
China has not exported a single new energy electric vehicle to the United States. It makes no difference if you add a 1,000% tariff. Tax on goods that have never been imported? ?😂😂😂😂😂hahaha
@icu17siberia
23 күн бұрын
exactly, so who paying these people to post this nonsense about consumers getting hurt?
Volvo is owned by Geely Automotive, thus Volvos built on Chinese platforms will be here. BYD already builds electric buses and trucks in California.
The US market is Sinophobic. You already have Tesla in the US. China should focus on the Global South and its allies where they can sell more inexpensive and high-tech NEVs and green-tech products. The Global South within the BRI deserves to enjoy Chinese products that are more high-end compared to the US. The US has one or three high-tech brands monopolizing the economy while China has more, which can give consumers in the Global South more choices and even lower prices because of competition.
Math: 100% on $0 car import from China is, ZERO!!! Might get reelection votes, though. If import one Chinese car, all of the 100% tariff will have to come out of that buyer’s pocket.
@Xiaogao8231
20 күн бұрын
😂
It is the same thing as is happening in Russia now. Russia is seizing the assets of American companies who were dumb enough to operate there and getting fully integrated. At some point your risk management in China had to have included the fact that if China invades Taiwan, you are very likely to lose 100% of your assets in mainland china.
@pyrophobia133
23 күн бұрын
frozen Russian assets...
@tomtube1012
23 күн бұрын
US and EU seized $300 billion of their assets first.
@user-gn8nf7fv1t
23 күн бұрын
少看点假新闻..天天看西方媒体炒作台湾话题,无聊..
SICK OF ENDLESS BLA BLA BLA-JUST DECOUPLE 100%
bully ball
Drama la this angmoh 😂
China don't raise tariffs on us made ev-cars, because they don't import any🤣🤣
@davidwong5197
24 күн бұрын
Tesla is in China. And GM sells more cars in China than US.
@icu17siberia
23 күн бұрын
@@davidwong5197 yes, but China requires they be made in china 1:1
@maxisjordan2756
23 күн бұрын
@@davidwong5197 those teslas are made in shanghai dude, shanghai tesla mega factory look familiar to you ?
@davidwong5197
22 күн бұрын
@@maxisjordan2756 Well they can compete in China. Why can't they compete with China in US? I think they can. They just don't want to. Americans are easier to rip off with aid of the government.
Soviet Union 2.0
Never trust China-made EV . Japanese and American products have very high quality! Don't be fooled.
@DK-yz9xk
24 күн бұрын
😂😂😂😂
@huib912
24 күн бұрын
😂😂
@huas5350
24 күн бұрын
😂😂
@jacksmith-mu3ee
24 күн бұрын
I ll trust china over cia
@herrwolf5184
24 күн бұрын
Most US consumers don't know that Volvo is a Chinese brand. Me? I prefer to buy from a fine American brand like Tesla ❤
@johnc1873
24 күн бұрын
why? Chinese products are far superior
@byhyew
24 күн бұрын
Made in China Tesla though...
@davidwong5197
24 күн бұрын
Chinese owned made in Sweden. Smithfield is also Chinese owned based in Dakota. And Chinese also own the Panama canal.
@harrychu650
24 күн бұрын
@@davidwong5197 Volvo is covered by these tariffs
@icu17siberia
23 күн бұрын
@@byhyew only the ones sold in China, thats what China does
Yuan devaluation? more likely to happen is USD turning toilet paper.....🤣🤣🤣🤣