Comments by "Ace1000ks1975" (@Ace1000ks19751982) on "US Agriculture and Energy Sector Crushed by China's Decision: What's Sector is Next?" video.
-
The US relies on China for a lot of things, like APIs for meds, legacy chips, circuit boards, rare earth minerals, car parts, parts for various machines, chemical compounds, various types of electronics, lithum batteries, monitors, etc.
There is a trade surplus, so the US imports more than what is exported to China. The US needs China more than China needs the US. They can put these high tariffs on China, but most of these things cannot be produced in the US. Thus, they will keep importing it even with these high tariffs.
70
-
15
-
11
-
9