Comments by "TheGreatDane" (@thegreatdane3627) on "57% Crash: China’s ‘Terrifying’ Fiscal Crisis | Another Stabbing | EU-China Tensions | EVs" video.

German car makers have moved a lot of their production to China, exporting cars back to Europe. So these tariffs will hurt them as well. These large corporations don't care that Europe is losing 1000s of jobs, as long as they can make short term profit. Unfortunately, these corporations have a lot of influence in the German government, even if their actions are hurting Germany in the long run...
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@MrMakabar no Germany is not a net exporter to China. Germany's trade deficit with China in 2023 was around 58 billion euro.
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@MrMakabar no worries 👍
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China is just the next in line to underestimate the EU, thinking they have the upper hand. Didn't work out for Trump, the Brits or putin, and China will end up with the short end of the stick as well...
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