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David Wong
CNBC Television
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Comments by "David Wong" (@davidwong5197) on "CNBC Television" channel.
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Well, there are consequence. The problem is US is not ready for the consequence. Micron is down to 1/3 of their former size and laying off 50,000 people. Android is an open source OS and how is that national security. well Huawei now has the Harmony OS and Andrid is not getting any update. Huawei also has completed their Kirin chip and no longer need any Qualcomm chip. China is now also controlling Gallium and Germanium, becessary foe chip production. Is this what US is targeting and anticipated results. I beg you not. It is fatal to underestimate your enemy.
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@urimtefiki226 Actually, BT and DT had both found thta is not the case. However, Cisco routers do have US backdoor (Wikileak). YMTC is a Chinesememory company banned by the US last yea (security risk US claimed)r.
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Or sanction them. I guaranteed Deepseek will be sanctioned
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@tooltalk Yes they are. Samsung is building and selling battery in China.
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To raise US car price.
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Audio They have been moving for years. The labor is too high in China, For every Chinese workers, you can hire three Vietnamese. Check the sneakers. They're made in Vietnam. But have no fear, Trump is planning to put tariff on Vietnam and India too.
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Not only REM. Also Antimony, Galium and Germanium. These are needed for weapons
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@jeffkok9170 You are so wrong. Huawei made their phones just like anybody else and they NEVER manufactured for anybody. They used chips from Qualcomm for their smartphone and chips from Taiwan for their other phones. It is the world's largest Telecom company. Huawei also have 1/3 of the essential patents for 5G. Verizon used 235 of their patents and will have to pay $1 billion in licensing fee. If the technology is stolen, it will be US trying to steal Huawei's IP. Rubio introduced a bill to NOT pay any fee to Huawei for their patents. Imagine that the rest of the world will use that as a precedent and rip off all the drug patents. I guessed that's Trump's secret plan to reduce the drug prize. Don't believe the IP theft hype. US does not have ANY 5G technology to be stolen.
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@Jessica-kk1cz Absolutrly
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China has 150 brands of EV. Real free market.
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@user-yb4pq4my1o The actual trade deficit went up. It just switch from China to Vietnam and mexico. No, it did not work.
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@basook6116 I'm not so sure. I think the congress (rubio) thinks by slowing down Huawei, US can compete with Huawei. However, US company value gross margin more than net profit. This is not an ideal market for US companiesw to get into.
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@dustwatcher1963 Garlic is a security risk. LOL
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@chrisccc22 Dude, you are making too much sense. However, American companies are mostly run by greed. After 2000, most US telecom manufacturers crashed. This is because they used to have a captive market. After ATT broke up, the market became competitive. The margin became smaller. The CEOs are rewarded when stock prize goes up. Lower margin and stock prize are not compatible, that is why nobody in US invested in 5G. There are only 3 5 G manufacturers, Huawei, Nokia and Ericsson. Samsung is next maybe next year. In the US the only company that can do 5G is Cisco. Their only 5G offering is just the security platform. Much higher margin with captive customer, the US government.
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Tesla is in China. And GM sells more cars in China than US.
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@einroboter1301 Micron do have test and packaging factory in China. But Micron is replaceable and Apple is not.
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US spent $1T to build a plane that does not work. Paid 80K for a trash can. You want US in charge. Seriously?
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Nope she still claim China is paying the tariff
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140 people to do 400 application. Seriously?
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China did make a lot of progress in the last 30 years. But it still have lots of rooms to improve. Over hyping is not gonna help progress.
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HK has autonomy already. So what are the Human rights, freedom and democracy. Do you support the freedoms demand of the Tienanmen protesters. They have ver specific demands. I am not seeing the freedom demands in HK. Two of the five demands are really for the HK protesters to avoid accountability. The universal suffrage is a good one but Trump and the Republican do not support universal suffrage. The Saudi murdered a US Journalist and in your view that's okay? 9/11 terrorists are from the Saudi. You're not American so you don't care. I am an American, so why should I care about HK? Why should Iowa farmers go into bankruptcy for HK? The trade deal is meant to benefit US, not HK.
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I knew it. Someone will cry national security. It is open source dude; you get to see the source code and modify it.
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@tm73827 Well raising tariff on 0.4% of the steel will definitely raise the price across the board. And that is definitely not for the well being of the country. We are better off just to ban Chinese Steel totally. Just decouple and no more drama.
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@Rogelio_007 They can force US company noy to use it and use the 500B stargaye. LOL Do not underestimate their stupidity.
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GM sells more car in China than US and China sell 0 cars in US. Biden is incompetent.
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@SavanaT So does US. See inflation reduction act. When you put tariff on 0.4% of the steel import. What do you expect the domestic steel price to be? And how is IP theft related to steel production?
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@TheLifestyleProtector Deepseek's business is mining crypto. This is a side project
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Your staement implied only one thing. Taiwan is part of China or how did a Chinese became the President of Taiwan.
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Chinese EV is $15K in China. BYD is building a factory in Mexico. Tariff on Mexican cars?
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@TeeHee-vo1bn A lot of them still use Chinese component. So it is really made by China. Mexico is now the biggest importer to US. But the biggest importer to Mexico is China. Same with Vietnam.
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What is the CHIPS act? Not a subsidy?
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Not the whole world just US. I guess we can always do on line purchase,
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They need 3000 engineers with university degree in semiconductors. Then they will have to be trained to run the operatioon.
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It is not about money. US gain nothing with tariff. As a matter of fact the deficit increases after tariff. It is about containing China.
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@inquisitvem6723 Intel plant is a money pit. TSMC will benefit more if it let Intel goes under. Broadcom wants to acquire the chip business and do not want te money losing Fab. No US company wants it that is why Trump wants TSMC to buy it
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My understanding was Trump wanted to retain the tariff until the trade is balance. You have a very good question though. I also want to ask Tom, what market is not opened up. GM sold more cars in China than US. Cadillac had a 30% increase in sales, all in China. McDonald, Pizza Hut, Starbucks, Walmart are all making a ton of money. Rubio wanted to tax Chinese investment in US. I am sure these companies will really appreciated the help. And Sheldon Alderson (rubio's benefactor owns Sands Casino and is rumored to be making $1billion a month will certainly appreciated it. I think at the end of the day money talks and bullshit walks.
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@casualsuede Please read the bill before you make comment. Assumption makes you look like an ass. The HK bill is actually similar to the Canadian law. There is extradition law in China, they just turned over any fugitive. THey just sent one murderer back to HK last month. In the mean time HK could be murderer central for criminals worldwide.
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There might not be any jobs if US does not waive some of the demand like 75% profit sharing and sharing of trade secret. Plus a lot of the people they hired quit after training.
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@user-yb4pq4my1o YT is deleting my post try look for this Mexico Is the Big Winner from the U.S.-China Trade War
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The router software you have is open sourced.
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Good news. BAE systems got $35M and they do ship repair. And they don't make chips. Well they do use chips.
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Yes, let's have a war. Tom really want that war. Tom does not believe in diplomacy only war.
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Americans are not going to sweat job work making sneaker and jean
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@fengzheng888-l6m MAGA are racist and uneducated. Many still believe China is paying the tariff. The recent push to get white Afrikaners to immigarte a perfect example
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@Mdebacle But Americans are not willing to pay premium for American goods. And the China is not a threat, they have no semiconductor technology. We made them a threat. Gelsinger said Intel does not need to build another fab without the Chinese market. Their new fab plan is now on hold.
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@majorcalvary6515 There is a China initiative in US. Chinese do not want to come. 4000 top scientist move to China in 2024.
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@Jacob99174 Yup he is making money with his coin and bible. US not so much. He has most deficit in history
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@ You can believe what you want to believe. Zuck has data sharing deal with China and have already made billions. They have your data already.
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The " democracy" they're supporting in HK is universal suffrage which US does not give to its own citizen. Do as I say not as I do. Ha.
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The government is not serious about inflation or environment
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