China in Deep Trouble - Joe Blogs

[TexasTowelie]

Last edited Sun Aug 4, 2024, 12:27 AM - Edit history (1)

Exports in June were reported to have risen 8.6% in June however this rise was caused by FRONTLOADING of sales to beat the impending TARIFFS that are due to be applied against Chinese goods towards the end of 2024. Inflation is heading back towards negative territory and Factory Gate Prices Continue to Fall & have now fallen in every one of the past 18 months. In this video I provide full details of the problems that China is facing, discuss the impact on the Chinese Economy & the Global Economy.

Chapters:
0:00 Intro
4:13 TARIFFS
11:36 EXPORTS
14:49 IMPORTS
17:42 INFLATION
21:06 FOOD INFLATION
22:49 PRODUCER PRICES
25:37 SUMMARY & CONCLUSION

[enid602]

1. Tariffs

China has already circumvented US tariffs by building manufacturing facilities in Mexico. They make sure that a certain amount of the final manufacturing is done in Mexico to avoid US tariffs. Trump was much too stupid to anticipate this.