Trump Wants to Add MORE Tariffs: US-China Trade War


Trump announces new tariffs… 10% on $300 billion in goods… Because of China’s broken promises and Beijing’s Seven Deadly Sins Is there any hope for a trade deal? Welcome back to China Uncensored. I’m Chris Chappell. President Trump is disappointed that the Chinese Communist Party has been dragging its claws on trade talks. So last week, Tariff Man said he plans to slap new tariffs
on China. “The U.S. will start, on September 1st, putting a small additional Tariff of 10% on the remaining 300 Billion Dollars of goods
and products coming from China into our Country.” That would be in addition to the existing 25% tariff on $250 billion in Chinese goods. And it would mean that basically ALL GOODS coming into the US from China would now have
a tariff. For American consumers, there’s good news and bad news. Products that were spared in previous rounds
of tariffs will now be hit. That includes smartphones, clothing, toys, and video games. But fear not, Fortnite fans! According to Trump’s trade advisor Peter
Navarro, American consumers won’t feel the pain because China will absorb the tariffs “by slashing their prices and by devaluing
their currency.” But would they really do that? Well, on Monday, China’s central bank set its exchange rate at a weaker level than 6.9 yuan to the dollar, for the first time since December. And the offshore yuan sank to a record low. That means the yuan devalued against the dollar, which makes Chinese exports cheaper. So even though there will be tariffs, the cheaper cost of Chinese exports would
mean the price American consumers pay will be essentially
the same. Which means China is absorbing the cost of
the tariffs. But the Chinese central bank can’t keep
that up forever, or they will wreck their own economy. But that’s a topic for another video. Back to the tariffs, which Trump announced
on— where else— Twitter. “Our representatives have just returned from
China where they had constructive talks having to do with a future Trade Deal. We thought we had a deal with China three
months ago, but sadly, China decided to re-negotiate the deal prior
to signing.” US Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer had gone to Shanghai to breathe life into
the half-dead trade talks. But apparently it was more like trying to
give CPR to a zombie. Trump was maybe just being polite when he called the talks “constructive”, because insiders told the Wall Street Journal that the Shanghai trade talks were “brief
and unproductive.” Which is at least better than “long and
unproductive,” like getting a Master’s degree at NYU. On the plus side, while visiting Shanghai, Lighthizer and Mnuchin probably got to eat those those fancy little soup dumplings. So America’s trade guys returned from China, after being told essentially that the Chinese
Communist Party would not agree to the US’s demands. And then Tariff Man did what Tariff Man does: He announced the new 10% tariffs. On Twitter. Trump is upset about what he feels are two
broken promises. Back in December, Trump had met with Chinese leader Xi Jinping
at the G20. Afterwards, the White House said China agreed to purchase a very substantial
amount of agricultural and other products from the United
States. This…did not happen. The White House also said China would stop the illegal exports of fentanyl. That’s the synthetic opioid that’s played a big part in America’s deadly drug epidemic. Xi Jinping, “in a wonderful humanitarian
gesture, has agreed to designate Fentanyl as a Controlled
Substance, meaning that people selling Fentanyl to the
United States will be subject to China’s maximum penalty
under the law.” Well, there wasn’t much of a humanitarian
gesture, after all. Fentanyl has continued to flow from China
into the US. Although, to be fair to the communist regime, if you read China’s official statements
from the G20, China technically only agreed to “work to
open its market” to US agricultural products and “start working to adjust [fentanyl]
related regulations.” It’s like when you tell your wife, “I’ll start working on considering mowing
the lawn.” She can’t prove you never started working
on considering it! But technicalities don’t mean much to Trump, since at the end of the day, the Chinese Communist Party is still not buying enough American goods, and Chinese fentanyl is still killing Americans. Hence, the new tariffs. And that’s also why the enforcement mechanism for any future US-China trade deal has been a critical sticking point. According to experts cited by the South China
Morning Post, given the lack of transparency of the Chinese
economy, and Beijing’s history of breaking previous
pledges, the US side wants enforcement to be quote
unquote “painful.” At a February hearing of the House Committee
on Ways and Means, Trade Representative Robert Lighthizer hinted
at just what kind of pain the US has in mind. “[We] are very aware of the history of our trading relationship with China, and the disappointments that have resulted from promises that were not kept,” Lighthizer
said. “The enforcement process will be very specific. It will have layers, it will have time frames, it will have reaction.” Experts say that the US wants to do something called a “snapback.” Which sounds like  when you say “oh snap!” while delivering a clapback. But actually, it’s a unilateral verification system. The “snapback” option would let the US
review whether China is keeping its side of the bargain. Tariffs on Chinese goods would be removed, but if China breaks the agreement, the US would just snap them back into place. For example: A key goal for the US is to reduce its trade
deficit with China. But if, let’s say, the reduction targets
are not met by a certain date, the tariffs would automatically snap back
into place. Now it should come as no surprise that the
Chinese regime does not like this snapback option. They’d prefer a trade dispute system like
the one used at the World Trade Organisation— where representatives from each side have to agree on the enforcement. You know, the same mechanism that’s been
in place for decades, where the Chinese regime can keep cheating
with no consequences. In fact, WTO dispute resolutions often drag
on for years. And that’s perfect! Because in its trade talks with the US, the Chinese Communist Party can just run out
the clock. See,Trump only has at most 6 more years in
office, but Xi Jinping gets to be presitator for life! Which is why Trump is not likely to agree
to anything without strong enforcement. And what needs enforcing? Well, it’s what White House trade adviser
Peter Navarro calls Beijing’s “seven deadly sins.” “Stop stealing our intellectual property, stop forcing technology transfers, stop hacking our computers and steal[ing] our trade secrets, stop dumping into our markets and putting our companies out of business, stop state-owned enterprises from heavy subsidies, stop the fentanyl, and stop the currency manipulation.” Of course, the Chinese Communist Party doesn’t know about the Seven Deadly Sins. They never went to Catholic school! Or watched that weird Brad Pitt movie from
the 90s. I suggest using a more awkward Chinese communist propaganda name, like the “7 Stops.” Not that that would actually stop them. In fact, in response to Trump announcing the
new tariffs, Chinese authorities devalued their currency, which makes it harder for US companies to
sell stuff in China. And they ordered Chinese state-owned companies to stop importing US agricultural goods. And then China’s UN delegate Zhang Jun blasted Trump’s tariff threat as “an irrational, irresponsible act.” “We do oppose that sanction decision has
been made, and we definitely will take whatever necessary
countermeasures to protect our fundamental right.” Yes, the Communist Party has a fundamental
right… to not be punished for cheating on trade! Still, Trump is part carrot, part stick when it comes to negotiating with
China. Trump tweet-fed a bit of carrot, saying he’ll continue positive dialogue… and referring to Xi Jinping as his friend. And the stick? Well after the Chinese central bank let the
yuan fall, which the central bank says totally had nothing
to do with the tariffs… the US Treasury Department immediately did what Trump had promised to do as his first
thing in office: label China a currency manipulator. Now practically speaking, officially calling China a currency manipulator doesn’t do much for now. But it’s a heck of a snapback. So what do you think about Trump’s new threat to impose tariffs on China? Leave your comments below. And now it’s time for me to answer a question
from one of you— a patron who supports China Uncensored with a dollar or more per episode through the crowdfunding website Patreon. Philip Conway asks: “Did the Chinese Communist Party get a grip
of Italy just so they can get hold of their ice cream even though it’s not quite as good as the
Russian type?” The Communist Party wanted Italy to join the
Belt and Road— not for the ice cream, but for the political influence. Also, the ports. Italy is one of the world’s top 10 economies. Plus, the Belt and Road is a great way for
Chinese regime to make more European countries more dependent on Chinese money, and that gives them more sway over European
politics. Also, I know that Xi Jinping enjoys his Russian
ice cream, but I’m not convinced it’s better than
gelato. I’ll have to try it next time I go to Moscow… Or Brighton Beach. What’s that, Shelley? Oh yes. Shelley is going to Italy in a month, so if you have any tips on who she should
talk to for information on China’s growing influence
in Italy, email us at [email protected] Thanks for your question, Philip! And thank you to everyone who’s watching. Your support of a dollar or more through Patreon helps us keep this show going. Thanks for watching China Uncensored. Once again, I’m Chris Chappell. See you next time.

100 thoughts on “Trump Wants to Add MORE Tariffs: US-China Trade War

  1. I bet Xi Jing Ping is having a shitting pain every time he goes to the toilet since the trade talk(war).

  2. Why is Trump repeatedly adding tariffs when Americans,economists and businesses disagree with his crazy mentality?The last time Germany Chancellor told Trump,the reasons we German doesn’t buy Americans cars is because Americans don’t built good quality cars,The Chinese Middle Classes are buying luxurious goods,spending lavishly elsewhere,who is to be blamed,TRUMP,annoying his customers everywhere.

  3. God bless president Trump. I almost forgot what can be done when a US president actually pursue US interests, and not those of the clowns back at the UN.

  4. Trump the tarriff king 🙂 l think China has had enough of Trump and his tarriffs and would be looking for other markets to sell their stuff too, as l write this. China will just ban everything American in their country. Americans can expect to pay a lot more for stuff from other countries 🙂

  5. Com on mr trump, why all hoo haas ? Just nuke the hell out of china and kill them all you will be doing us a favor…..thanks in advance.

  6. China doesn't play fair, and there need to be consequences from the rest of the world, but I am afraid that cutting trade ties this much will lower the incentive not to go to war too much. Global trade is one of the great reasons not to go to war, and if that collapses, any spark in the current climate may set off a wildfire.

  7. The world actually has a leader standing up to China. President Trump is the right man at the right time.

  8. Good. Chinese goods are shit anyway. Get your shit together, China. If you made quality shit, maybe I'd care.

  9. China is far more vulnerable than many think. Certainly more vulnerable than the United States.

  10. Hope the CCP will running out of cash to build their slavery regime soon. Great moves again by president Trump!!

  11. very good information, great snapshot regarding current affairs with China, it's neihbors, and the west. Very insightfull. I liked it.

  12. Trump is right and is making the best effort . He is doing what we hired him to do. Haha, be carefull what you wish for.

  13. As long as the antichrist called Count(ing Dracula ,(Trump) and the alien loveless, lifeless capitalist counting corpses (vampires) control America… Increased misery, ugliness and conflict is a foregone conclusion.

  14. USA been financially-raped for decades. Gotta get it back somehow. They don’t like it? They can sell their wares elsewhere – and best of luck with that.

  15. If people want their countrys to go green taxing the crap out of China is the way cos all the rubbish I see in the gutter on the street has a made in China Sticker on it. Shut down their industry and maby they will stop pumping cfc into the atmosphere which is another promise the have broken. I'm sick of the cheep crap China makes their tools break the second or third time I got to use them. Their ratchet spanners are only good for single use

  16. Fentanyl is Payback for flooding China with opium then starting a war here when China said they didnt want it! China never forgets

  17. USA economy is sanding on two great pillars : selling weapons ( bin salmani being one of our greatest customers ) and our abilty to print dollars at whim with out making the dollar suffer devaluation. China's economy is based on a strong manufacturing apparatus that has earned her the name of. " the factory of the world ". For trade war puroses: Whose position is better in the long run USA or China's ????

  18. For example, on the alt-right, Hedges is pretty clear about his feelings on meeting their #violence with violence: we shouldn’t do it. And most of his reasons why we shouldn’t are completely sensible: it gives the #state more #excuses for #surveillance and #oppression, it PLAYS into the #fascists’ trick of initiating STREET VIOLENCE then promising to restore peaceful order if they’re given power, and it TAKES AWAY from #time that should be spent ORGANIZING for POSITIVE PROGRAMS. All well and true. However, Hedges’s criticism of anti-fascism oscillates between tactical scrutiny and moral denunciation. He writes, “the violent left revels in the hypermasculinity that enthralls the alt-right” and violence “reduces us to the #MORAL LEVEL of the #OPPRESSORS ” but also says, “there is NO MORAL EQUIVALENCY between #antifa and the #altRight.” But what about the moral leveling of violence? 😎 He also approvingly quotes Italian writer Ennio Flaiano’s famous epigram, “There are two kinds of fascists: fascists and anti-fascists.” So does he or doesn’t he think there’s a moral equivalency between the two?
    https://thehumanist.com/magazine/march-april-2019/arts_entertainment/america-the-farewell-tour

  19. "Right now, the U.S. government is operating in the negative on every front:
    it's spending far more than what it makes (and takes from the American taxpayers) and it is borrowing heavily (from foreign governments and Social Security) to keep the government operating and keep funding its endless wars abroad.

    Meanwhile, the nation's sorely neglected infrastructure – railroads, water pipelines, ports, dams, bridges, airports and roads – is rapidly deteriorating.

    Having been co-opted by greedy defense contractors, corrupt politicians and incompetent government officials, America's expanding military empire is bleeding the country dry at a rate of more than $15 billion a month (or $20 million an hour) – and that's just what the government spends on foreign wars.

    The U.S. military empire's determination to police the rest of the world has resulted in more than 1.3 million U.S. troops being stationed at roughly 1000 military bases in over 150 countries around the world. That doesn't include the number of private contractors pulling in hefty salaries at taxpayer expense.

    All of the imperial powers amassed by Barack Obama and George W. Bush,

    to kill American citizens without due process

    to detain suspects indefinitely

    to strip Americans of their citizenship rights

    to carry out mass surveillance on Americans without probable cause

    to suspend laws during wartime

    to disregard laws with which they might disagree

    to conduct secret wars and convene secret courts

    to sanction torture

    to sidestep the legislatures and courts with executive orders and signing statements

    to direct the military to operate beyond the reach of the law

    to operate a shadow government

    to act as a dictator and a tyrant, above the law and beyond any real accountability,

    …were inherited by Donald Trump.

    with alarming regularity, unarmed men, women, children and even pets are being gunned down by twitchy, hyper-sensitive, easily-spooked police officers who shoot first and ask questions later, and all the government does is shrug and promise to do better. Indeed, there are countless incidents that happen every day in which Americans are shot, stripped, searched, choked, beaten and tasered by police for little more than daring to frown, smile, question, or challenge an order. For too long now, the American people have rationalized turning a blind eye to all manner of government wrongdoing, asset forfeiture schemes, corruption, surveillance, endless wars, SWAT team raids, militarized police, profit-driven private prisons, and so on, …"

    https://www.bibliotecapleyades.net/sociopolitica2/sociopol_bigbrother222.htm

  20. Stop enriching those which seek your downfall for momentarily personal gains.

  21. 👏👏 They produce crap products in sweat shops, they produce knock-offs, so they're cheap. They don't live up to agreements. All leaders should think of the good of their own country first, but when you see the way communists shut down, threaten, repress their own people and deny them freedom and truth, they obviously aren't doing it for the people but themselves. All about control. I won't buy anything made in China.

  22. Trump can put the screws to the communist leaders by refusing to allow their children admittance into the U.S and stop allowing Chinese students to be educated in the American universities , especially in the high science/computor/mathematical studies. Send them home and start educating Americans to do those jobs.

  23. Most Americans are too busy being upset that Hillary didn't win the 2016 election, than to realize that the current President is the only person who has been willing to deal with the problem that China has become over the past 25 years from an economic standpoint. The time has come for China to be held accountable or the U.S. and the rest of the world is going to pay dearly. The Chinese economy is not doing so well and the U.S. economy is stronger than the rest of the world. Time to let the Communists in Beijing reap what they have sewn.

  24. Dems are way too gullible and allow the rug to be pulled from under them a lot. Trump does say some eyebrow raising things but keep in mind he was an entertainer and businessman before he was president; a lot of what he says is for shock value. He might just be the person we need to help us hold our ground and not get taken advantage of.

  25. China will not change they don`t have to ,it is centrally run,they will just sit Trump out

  26. They have been devouring 50% of all the resources throughout the world in such a short of time!

  27. WE ARE NOT ,,, FUCKEN BRITISH..
    ENGLISH..
    Nous parlons Fran¢ais…..
    A Bas les Anglais… & Cowboys…

    Allez Salut

  28. If you're a subscriber to this channel and are an American citizen you have to make sure you go out and vote for Donald Trump in 2020 to keep the ball rolling

  29. I expected the top comments to be slightly more left 😂😂 lowkey

  30. Okay but wouldn’t this trade war not be a problem if we didnt rely so much on their cheap labor? Like doing business with them is like saying we are okay with their system and what they are doing. There is a reason for the trade deficit. China didn’t make us do business with them

  31. Trump’s bankruptcy experience is paying off by bankrupting The CCP. Thank you Donny!!!

  32. bury them with tarrifs . they are on their way to use the money to control african nations by corrupting their leaders and providing loans that are lopsided that will eventually make the nation prostitutes that china will pimp and take their national resources and real estate if they cant repay the loan.

  33. we are at the time phase where cheap shitty products from china are slowly being sold at higher price , because what choice do you have?

  34. Are there any freedom loving armed forces out there who are not afraid to employ force with force of Beijing ? Please protect now the Hong Kongers . . . decades had run x brutal, inhumane, deceitful or malicious oppressions for peace and freedom loving people not only in the mainland but also worldwide . . .

  35. never trust anything from the ccp regime. the ccp regime never ever keeps its promises. the ccp regime doesn't even follow its own law.

  36. If there is one thing I like about Trump. It's his hard stance on the rouge state in China

  37. Tell Shelley the lake Garda and southern Alps of north Italy are great and Venice shouldn't be missed!

  38. 10%,25% are not enough to dismantle the commie regime's manucturing capabilities, 40-50% would be more effective.

  39. Thank you for bringing us the news about the evil red Dragon that is China.

  40. I wonder if china would step in line if we threatened a far seas blockade. I bet they would. Of course if they dont, its ww 3 time.

  41. YT sucks 🤦🏻‍♀️🤦🏻‍♀️🤦🏻‍♀️ They have demonetized the channel and we can’t put on the ring bell. What the heck 🙄🙄🙄 YOUTUBE are you trying to censor this channel? 🤐🤐🤐🤐🤐🤐🤐 Let them speak

  42. Americans have to side with trump, give him lots of time to save america. The Chinese are waiting till Trump gets out of office so they can take advantage of the next president. China has zero interest in playing fair. If we lose the trade war chinese will get richer and we will starve.

    Italy sided with the Germans ww2 and we all know how that worked out.

  43. Good, crush them and help their populace rebuild with a government that actually does its job and cares about them…and is so complicated it's own corruption can't even bring it down. Which is basically why the US government was designed the way it was.

  44. Tarrifs work all the crap that we have been hearing from the US chamber of commerce is just that crap, the real question is why are we trading with Communist thugs in the first place

  45. should tax them more, just try selling something in China from the US . China has high imort taxes on US goods.

  46. CHINA NEEDS TO BE PUT IN ITS PLACE!!! And TRUMP IS THE MAN TO DO SO!! AMERICA NEEDS TO STOP DOING ANY BUSINESS WITH THE CORRUPT COMMIES!!! They WILL NEVER HOLD TO THERE WORD!
    THEY ARE PATHETIC, CORRUPT,COMMIES!!

  47. Good thing they didn't cut off the illegal fentanyl. 'Else how would abortion clinics keep on track to meet their monthly slaughterhouse quotas ? Most hospital labor rooms use as much as possible too. Don't think they're not rebottling & relabeling. Any good drug dealer does. ( And insurance pays for it )

  48. 9:29 ok hold on, Russian pastry and ice cream are decent but you can't just spit blasphemy and claim they're better than the Italian ones

  49. Everytime I start to watch another video; I "Snap Back" to watching China Uncensored! Thanks for the great information with just the right amount of satire 🙂

  50. China keep hacking our computers… the only answer is a gigantic brainwashing machine… this is the only answer. 😊

  51. It will all effect the chinknese in the end,Well now he WTO should be asking the CCP questions

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