CHINA - Trade War is Damaging Economy as USA & Europe Apply Increased Tariffs
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In this video I look at what is happening with the rapid growth in China's production of Electric vehicles and how this has resulted in a Trade War with the USA and Europe. China does not have a longstanding history of vehicle manufacturing however over the past few years it has become a major player in the production of electric vehicles and Chinese brands are now flooding the global market. The USA and the European Union have accused China a SUBSIDIZING EV manufacturers to enable them to undercut global prices and as a result both have announced additional TARIFFS that will be applied to Chinese EVs. In retaliation China has launched an investigation into European PORK products and is threatening to raise similar investigations into other products and industries. In this video I look at the issue in more detail and discuss the implications for the Chinese Economy, the USA, Europe and the Global Economy.
For specific details please check out the CHAPTER list below.
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Chapters:
0:00 Intro
3:10 SUBSIDIES
6:42 ELECTRIC VEHICLES
9:25 CHINESE TRADE
12:14 USA
14:14 EUROPEAN UNION
16:15 PORK
17:54 SUMMARY & CONCLUSION
#china
#tesla
#electriccar
#electriccarsarethefuture
#chinaevcar
#byd
#geely
#bmw
#zeekr
#shares
#electriccar
#rangeanxiety
#globalrecession
#chineseyuan
#deflation
#inflation
#technology
#wheat
#interestrates
#india
#Belt&Road
#globalrecession
#globalfinancialcrisis
#russia
#Evergrande
#China
#Recession
#Bonds
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