Gordon Chang
👤 SpeakerAppearances Over Time
Podcast Appearances
He's giving them cover to others to do the same thing. So I think that the Chinese are panicking in addition to just being so upset that we're not bowing down to them.
He's giving them cover to others to do the same thing. So I think that the Chinese are panicking in addition to just being so upset that we're not bowing down to them.
He's giving them cover to others to do the same thing. So I think that the Chinese are panicking in addition to just being so upset that we're not bowing down to them.
That's a great question. Because if we go back to 2018, when President Trump imposed his Section 301 tariffs on China, 25% across the board, China absorbed somewhere between 75% to 81% of the cost of those tariffs. And now China has even more incentive to do that.
That's a great question. Because if we go back to 2018, when President Trump imposed his Section 301 tariffs on China, 25% across the board, China absorbed somewhere between 75% to 81% of the cost of those tariffs. And now China has even more incentive to do that.
That's a great question. Because if we go back to 2018, when President Trump imposed his Section 301 tariffs on China, 25% across the board, China absorbed somewhere between 75% to 81% of the cost of those tariffs. And now China has even more incentive to do that.
The only thing is that China right now might have less flexibility to do that for various reasons, technical ones related to the currency. But the point is a good one. And I think China will absorb a majority of the cost. It's going to hurt them, but I think they're going to do it because they have no choice.
The only thing is that China right now might have less flexibility to do that for various reasons, technical ones related to the currency. But the point is a good one. And I think China will absorb a majority of the cost. It's going to hurt them, but I think they're going to do it because they have no choice.
The only thing is that China right now might have less flexibility to do that for various reasons, technical ones related to the currency. But the point is a good one. And I think China will absorb a majority of the cost. It's going to hurt them, but I think they're going to do it because they have no choice.
Canada and Mexico present a very different situation than China. And Trump did not back off on the China tariffs. He imposed two rounds of 10% across the board tariffs. He didn't blink. With Canada and Mexico, there are reasons to just deal with them in a different way. They're our neighbors. They're friends. We have an integrated economy with them.
Canada and Mexico present a very different situation than China. And Trump did not back off on the China tariffs. He imposed two rounds of 10% across the board tariffs. He didn't blink. With Canada and Mexico, there are reasons to just deal with them in a different way. They're our neighbors. They're friends. We have an integrated economy with them.
Canada and Mexico present a very different situation than China. And Trump did not back off on the China tariffs. He imposed two rounds of 10% across the board tariffs. He didn't blink. With Canada and Mexico, there are reasons to just deal with them in a different way. They're our neighbors. They're friends. We have an integrated economy with them.
And a lot of people think that Trump is trying to sort of isolate China. Well, to do that, you need to have both Ottawa and Mexico City on board. You need their help. So I think there's a lot going on here that is more complex with regards to the Canadian and Mexican tariffs, which President Trump has delayed.
And a lot of people think that Trump is trying to sort of isolate China. Well, to do that, you need to have both Ottawa and Mexico City on board. You need their help. So I think there's a lot going on here that is more complex with regards to the Canadian and Mexican tariffs, which President Trump has delayed.
And a lot of people think that Trump is trying to sort of isolate China. Well, to do that, you need to have both Ottawa and Mexico City on board. You need their help. So I think there's a lot going on here that is more complex with regards to the Canadian and Mexican tariffs, which President Trump has delayed.
There's no indication that the Chinese have improved on fentanyl. You know, it was very interesting today that the Chinese government put out a timeline of all the fentanyl control measures that they've put in place over the years, but they've just gotten worse. Xi Jinping has violated promises to three American presidents now about fentanyl. As President Biden in 2023...
There's no indication that the Chinese have improved on fentanyl. You know, it was very interesting today that the Chinese government put out a timeline of all the fentanyl control measures that they've put in place over the years, but they've just gotten worse. Xi Jinping has violated promises to three American presidents now about fentanyl. As President Biden in 2023...
There's no indication that the Chinese have improved on fentanyl. You know, it was very interesting today that the Chinese government put out a timeline of all the fentanyl control measures that they've put in place over the years, but they've just gotten worse. Xi Jinping has violated promises to three American presidents now about fentanyl. As President Biden in 2023...
President Trump in 2018, and President Obama in 2016. So, you know, when the Chinese say, well, you shouldn't be imposing costs on us. You should just be trying to talk to us with mutual respect. Well, we've tried that now, and it hasn't worked. So President Trump did the only thing that he could do, which was to go after China for killing basically 70,000 Americans a year. Do you anticipate...
President Trump in 2018, and President Obama in 2016. So, you know, when the Chinese say, well, you shouldn't be imposing costs on us. You should just be trying to talk to us with mutual respect. Well, we've tried that now, and it hasn't worked. So President Trump did the only thing that he could do, which was to go after China for killing basically 70,000 Americans a year. Do you anticipate...