Asmongold TV - Chinese Factories Are Collapsing Under Tariffs | Asmongold TV

Episode Date: September 29, 2025

Chinese Factories Are Collapsing Under Tariffs Asmongold show for all of his stream highlights, competitions, reactions & more. ----------- -------------- Keywords: gaming reactions, online gaming, game reviews, streaming moments, streaming highlights Learn more about your ad choices. Visit megaphone.fm/adchoices

Last month, I took an order for a batch of copper parts. I've already bought all the materials. It costs tens of thousands. And everything has been cut, ground, washed and engraved. Yeah, they're sitting on all this stuff. But today, the customer messaged me and said the delivery might be delayed. After customs clearance, the taxes have gone up too much. A TikToker who works as a bulk trade supplier shared in his video

the huge pressure he's under after the sudden increase in U.S. tariffs. They're stuck with all this shit. And like, there's no way that they're going to be able to sell it to somebody else as fast as they were selling it to the U.S. Like, this really sucks for a lot of business owners over there. Our orders are worth over 50 million U.S. dollars. This year, we're already booked through May 26. See, this is the reality. There are not that many economies in the world that can support buying this many bullshit,

like boxes of shoes. There are some, but not that many. 2026. But with this 30% tariff hike, the impact on us is huge. Yeah, it's massive. If you're a small startup,

it's not such a big deal because you don't ship enough to fill an entire container. But for us, it is hard. Our profit margins in bulk trading are already razor thin.

Now with a 34% tariff, it's like getting knocked to the ground. No, you're fucking. He said the only thing he can do for now is wait. His backup plan is to ship through third-party warehouses in other countries. That's the only way forward. And that's smart, but you know Trump, like, because the thing is, that's why he got rid of that penguin island shit. It's because he probably knows about this exploit.

And if he doesn't, they're going to figure this shit out, right? 34%. Now it's under and 45. Well, I think it's probably a 34% in a different way, right? I mean, for like what the total cost of goods are or something like that. So yeah, yeah, this is obviously a loophole that will be closed. On April 7th, the owner of a clothing factory posted a video saying the entire foreign trade apparel industry in China is filled with anxiety. Everyone doing foreign trade now is nervous. A 50% tariff is just scary. Who's going to place orders under these conditions?

Nobody. That's why it's fucked up. Right? And again, like if they're the ones, trying to sell all their stuff and they're stuck holding all of this stuff, what are they going to do with the stuff? That's a big problem. Sure, some closing businesses are still busy, but it's hard to make money anymore. U.S. orders only make a part of our business, but there are so many closing factories in China if we all turn to Europe and there's no U.S. orders, then think about it. Won't competition at home become even worse?

domestic sales are also weak this year. People just don't have money to spend. So how can this market possibly improve? This is the issue is that nobody spends money on useless bullshit like Americans do. We are the pinnacle of spending money on useless stupid bullshit. So if China can't take advantage of that, it's hard for them to go somewhere else. And you know what's really funny? You want to know one of the other really big countries that spends a ton of money on useless stupid bullshit.

bullshit, China. So it's like the only other place they can go, that's them. Yeah, because now they have a bunch of money, so they're buying a bunch of bullshit too. On April 2nd, U.S. President Donald Trump announced a new round of global base tariffs, raising rates on dozens of countries. At the time of the announcement, the actual tariff rate for China stood at 34%. In response, the Chinese Communist Party announced on April 4th that it would impose a matching 34% tariff on all goods imported from the U.S. Trump then warned that... You can see how this is asymmetrical, right? Because like obviously like we import way more than they do from us. He may raise tariffs on China by another 50%.

Which he did. The CCP responded by saying it's ready to fight to the end. While the Chinese government is showing a tough stance, many businesses in China, are already feeling the pain. See, this is not like, this is I think where the problem is going to lie. Is that like, we all watch boys, like we watch that shit from speed, right? Like, China was looking really nice. Do you think they want to go back to how it was?

Fuck, no. Apps are fucking lutely not. On April 7th, a TikToker filmed a clothing factory that had shut down and said the clothing industry isn't seriously. trouble. All the machines in his factory are about to stop. He said this year... And this is just another point with this is that like a lot of this automation and like this technology, it's going to go automation probably in 20 years at the highest. So a lot of these machines and a lot of these factories, I mean, you're building a castle on sand.

It's going to be incredibly tough. That same day, another TikToker posted a similar scene, workers moving goods around inside a clothing factory. He wrote that as soon as the U.S. swung its tariff hammer, the impact finally hit the apparel industry. See, this is the thing, right? I wish more people would see this because now, like, every single one of these, right? Like each one of these is like, let's say $6. Well, that's a box and it's got a thousand bucks in it.

And there's a lot of those boxes. That's bad. This is propaganda, not going to lie. It's propaganda? Is it really propaganda to see that, like, I mean, really, is it, is it unfathomable that a lot of companies in China are now having problems selling things? Fucking obviously they're having problems selling things. It's obvious. Duh.

And it's also, like, whether something is propaganda or not, you're attacking the messenger and not the message. even if something is propaganda, it can stand on its own merit or not, which is really what should matter. His factory originally had orders scheduled through the end of July, but now over 6,000 down jackets have been put on hold, and they're ready to ship products are piling up in the warehouse. He said both offline and online sales are struggling this year. Even live stream selling isn't working anymore. With sluggish consumer demand and weak domestic sales, the foreign trade slowdown is

pushing more exporter. It's crazy, bro. Like, look at it. Just a minute. I'm going to go back to that. Bro, what's so funny about this is that they're doing the exact same thing with this that they did with selling gold and wow. Where it's like, okay, if we can get one account making like a thousand gold a day,

let's get a thousand gold accounts. And then that way we make a million gold a day. And then they totally flood the fucking market, massively drive the price of gold down. nobody can fucking farm anything for any sort of real value. Everybody's buying gold now. And they're doing this. They're doing the exact same thing with this. Farming demand and weak domestic sales.

The foreign trade slowdown is pushing more exporters into the domestic market, creating even more excess production. He said this year's apparel industry is like a pressure cooker that could blow at any moment. This isn't just panic. It's worse than during the pandemic. Many clothing business owners may lose everything they've built over a lot. lifetime. People say anybody seeing potential war with China. Another TikToker showed the current situation at his factory. Because of the tariff hike, orders have been delayed or canceled.

Now his packaging and printing factory doesn't even have boxes to make. All he can do now. They don't even have boxes to put the shit that they can't sell in? That's pretty bad. Yeah, that's really fucking bad. God damn. is clean the factory. A TikToker shared a video saying that after the U.S. increased tariffs, the impact on China's foreign trade is obvious. He mentioned that when he flies, there are hardly any Westerners on the plane, mostly people from Africa. Also, when entering the U.S., Chinese people face especially strict security checks. I'm at Guangzhou-Bayun Airport right now, and the flight is about to take off.

This tariff increase is really affecting China. If you look around, you can see there are almost no white faces here, mostly African brothers. This shows how tough the foreign trade situation is right now. When I went through customs, they saw my yellow skin in Chinese passport and gave me a hard time. Uh-oh. They asked about every little detail, why I'm here, who I'm visiting, where I'm staying, how long I'll be, and what business I'm doing. Traveling abroad is already hard, and now people like me in foreign trade have to... I think that's weird.

by the way. You know, it's basically like profiling, but yeah. Face Trump's 54% tariff hike and random checks. On April 6th, a female owner of a laser cutting factory, Liu Ting, posted a video saying that manufacturing in China is going to get even harder, and she plans to sell off her 30,000-watt equipment. Yes, you heard me right. I might have to sell the laser equipment I bought last April. I don't need to explain. You can probably guess why. The economic environment is bad and the trade war has already started. Soon, all manufacturing businesses, especially small ones, will face bankruptcy. This is not an exaggeration. It's the reality. That's crazy. Is Tony okay? I mean, people ask a lot about that in general. In my opinion, in my opinion, I think that really this is, and maybe this is wishful thinking, but I think that we'll,

probably have at least like a resolution to this in a couple of weeks at the latest. I do. I think that we'll have some form of resolution where there's at least a discussion of what's going to happen. Most definitely, maybe a month. I would be shocked if this went on for more than a month. I would because like again, I mean, the Chinese government, I mean, like, they're totalitarian and very powerful, but at the end of the day, if you completely lose the people and everybody there hates you, this is not good for them. They don't want that to happen. Even if they think that they can control it, they do not want that to happen.

She also said that starting this month, all manufacturing businesses in China will face an unprecedented winter. More and more companies will go bankrupt, layoff workers, and downsize. Many manufacturing owners will end up with insufficient funds and will not survive. cases in banks, law firms, and courts will pile up. The TikToker estimates that all manufacturing business owners are currently in an anxious, confused, and helpless state. There's a lot of other, I mean, and also keep in mind that like what she's saying about this in China, there are people in the United States that feel the same way because part of their supply chain comes from China. So it's like, this isn't something that's like, you know, like one-dimensionally affecting people over there.

It affects us over here, too. Particularly for factories that relied on foreign trade orders, the shrinking foreign demand and declining domestic demand are making it difficult. Many small business owners can't sleep because of worries and fear. They're afraid all the years of hard work will go to waste. They fear they won't be able to pay employee wages or cover rent and utilities. The TikToker revealed that with electricity costs for her equipment already reaching her limit, she has decided to sell her 30,000 watt laser equipment. On April 8th, a TikToker from Chejiang shared a video, saying,

that she suddenly realized the U.S. tariff increase has also severely impacted non-exporting manufacturers. Because you get different stuff from different countries, right? So even if you're not exporting the final product, it doesn't mean you're not importing or exporting some piece of the process of the product. That's the thing. How big of an impact has the tariff increase had on local factories in Zerjiang? I run a small factory and don't deal with foreign trade, so I'm I'm not sure how much it would affect me, but I've noticed that my upstream suppliers who export raw materials haven't received any orders for a long time. Yeah, exactly. There's like a whole supply chain of this. Not even one container has shipped out. When they can't get orders, they try to switch to

domestic sales. Now, people at their factories are still working nonstop, running around to try to make domestic sales. So when they get involved in the domestic market, doesn't that just drag the domestic factories into it too? Everyone, it does. And if they try to sell the products domestically, they're going to have to sell them at a lower rate. I mean, of course. I mean, there's a reason why they're shipping them across the fucking world to United States so they can make more money. Yeah, absolutely.

It's much lower? Yeah, exactly. Supply and demand. Yeah, buying up Chinese business infrastructures must be booming. Maybe. I don't know if it's going to happen. Why should we care about these Chinese bills when Americans can't pay their own bills? Well, what I'm saying is that, like, the effects of these tariffs will, I think that they will mass,

I think that they will negatively affect China more than they negatively affect us. Because they're the ones that are selling. Like, it will negatively affect the U.S., but I think that it will do it more to China. And that doesn't mean you should do it, right? I mean, as I said, I really hope they resolve this. Because, like, I feel like this entire issue, I think it's just, it's a bullshit issue in a big way, right? Because you have, you know, we've got a good thing going here. right like we've got a lot of everything's going really well our economy is doing really well

china's economy is doing really well everything's fucking fine so to stop stealing shit and make a few concessions and everything can move on if that's unreasonable then i feel like we need to have a conversation about this it's getting caught in the spiral and in the end we'll all collapse together the impact is really huge and some people probably haven't realized it yet Whether it's the impact on the foreign trade or on our factories that don't deal with foreign trade, it's all very significant. On April 7th, a TikToker from Fo Shan visited a newly built factory district and recorded footage of the vacant and neglected factory buildings. He said, look at these factories that were just built last year. Now I can't even find a single person.

There are no cars or people on the road. Some of these factories are a single story and others have won. multiple floors. It's like a fucking economic rapture. Really? Like, I mean, for this to happen that fast? Holy shit. They're committing actual slavery beyond their own Chinese workers. They pretty much run the entire bottom line of the cobalt pipeline, which is legit actual slavery. Yeah. And the thing is that, like, you know, we could moralize about how, like, and I hear a lot of people in general, I think that the consensus is that slavery is kind of bad, right? But the main

issue also is that if one group is using slavery and the other group isn't using slavery, well, you think about it in Schedule 1, for example, if I didn't have to pay the chemists and the botanists any money, I probably would have already bought the house at the docks. Really? You think about how much of an advantage that is, you don't have to pay people money. That's huge. I'd be way farther along. The landlords spent nearly a billion yuan to build these. Just a few years ago, these beautiful buildings were all leased out by middlemen.

You had to wait in line to rent a factory space. But now, there isn't a single customer coming to view the space. The new factory buildings behind me haven't even been renovated yet because the landlords are afraid of spending money if no one rents them. Do you think this could get a hand to CCP would go in to invade Taiwan to save face? I think that every country is, like there's a lot of international trade that happens. So if they tried to do something militarily, I think that would damage their relations with other partners as well. Because like right now they can probably still sell a lot of their products to other countries besides America.

and it's not like they only export to America, although America is a big part of their exports. But if they're like embroiled in a war and, you know, they lose the like international support and then other countries don't want to trade with them either, like kind of like what's happened with Russia, this will be very bad for them. And so like I think ego only goes so far. The manufacturing industry in decline, every industry is struggling.

He recalled that some Chinese companies moved to Southeast Asia to avoid the U.S.-China trade war a few years ago. Now, this new wave of tariffs is a heavy blow to those companies because some countries have even higher tariffs than China. See, yeah, because Trump knew this shit was going to happen. That's why he put the tariffs on the penguin islands too. It's like, yeah, like if you tariff China but you don't tariff the country right next to China, they're just going to move all the stuff over to that country and then just run it through that country instead of China. fucking obviously. I mean, this isn't even like a four, like five head idea.

It's just like, yeah, of course they're going to do this. And why does Trump know that? Probably because he did it. He's probably done things that are very similar to that himself. He questioned where these companies should go next. Stay in Southeast Asia, move back to China or shift to Africa. Why do you support IP rights? Don't you think they're monopolized by giant corporations?

I do think that IP rights are something that probably should be re-evaluated. but I think that's something that we should choose to do ourselves rather than have it be, have that agency taken away from us by China. Bro, what is she doing? I, guys, I got that. She's brave. That's crazy. I would not have expected that. Wow.

On April 7th, Miss Gong, a manager of a Bluetooth headphone export company in Guangzhou told Radio Free Asia that most companies in Guangdong that used to trade with the U.S. have stopped accepting orders due to tariff barriers. She said, I had dinner with people from the industry yesterday, and they told me that they used to export products from Vietnam to the U.S. Now, most of those orders have stopped. They're not taking new orders. They're just waiting to see how serious the situation will get. I think this is also another really big component is that this is the reason why I think that like it's hard to understand like what's going to happen is because like Trump could just like

announce something that's crazy like like out of fucking nowhere right like kind of like what happened the other day like if you look at the stock market let me see if I can find it uh look at this right so like it's already it went like it went down massively then it went back up it went down yesterday now it's back up today and so it's like kind of it's getting close to like it's recovered by about 50%, so it's still down by, I don't know, like one or two percent or so. And so, yeah, it's kind of just holding. Yeah, we'll have to see what happens, right? But I think that as soon as, oh, sorry, you guys can't see. I didn't realize my camera was in the way. But yeah, yeah, you guys can see that. People just don't want to invest and put money into something that's uncertain. And I think

that as soon as, like, things become more certain, you'll probably see a lot of that money come back in. Now, we know that foreign trade companies in Guangzhou and Guangdong are temporarily not accepting orders. Ms. Gong also mentioned that a Hong Kong company near her recently moved its factory to... This is another thing, too. I'll just go back and talk about this for a second, is that there's a lot of Americans that, like, Americans don't want to have to compete against markets that are employing people like this for way lower than American wages. And I think that what that does is it makes it to where Americans can't compete in a lot of industries. And so if you have countries that are like doing this, like, Americans don't want to

have to do this. Yeah, Americans don't care about that? No, I think that they don't care. They don't care about the fact that the Chinese people are being exploited. They do not give a fuck about this at all. But what they do care about is the fact that they're being exploited at the expense of their jobs. And so like, where somebody could have had a job working in some factory in America and paid more money and this is what happened 50 years ago. Now it's no longer the case. And so all of those jobs have been shipped overseas. The wages for those jobs are like one-twentieth of what they were. And the people that basically gained the difference in that profit are the people that are to the executive leadership and the investment class of that company. So like you have a bunch of Americans

who have effectively had their jobs, you know, cut out from under them. And so there are a lot of these jobs like this, for example, like, all jobs like this are to some degree skilled labor, but, you know, like, this is a very different type of, like, skilled labor than, let's say, like, doing something with, like, a four-year college degree, right? And so what happens is that being able to learn how to do this is probably easier than being a nuclear power plant engineer, naturally, right? And I'm not trying to be, you know, derogatory or anything, but, like, let's just be honest here. And so that's why they can literally have kids doing this. Like, if you can have, if you, if you going to have a nine-year-old doing a job, the job's not that complicated, okay? And so anyway,

that being said, all these people that maybe can't get like a, you know, advanced degree for whatever reason, a big fucking surprise, now they don't have a job. And so that's, I think, the big issue. And I think this is the reason why people have so much animosity and hostility towards like CEOs and stuff. It's because basically profits have gone up, despite all of this offshoring and despite all of this job displacement, but all of those profits and all of those gains have been enjoyed by, I mean, this is like a Bernie Sanders speech, they've been enjoyed by the top 1%.

And this has been a continuous problem for years now. And I think that's why people are really, really frustrated. It's because they see the stock market go up, you know, like a 4,000 points, like, like, from like before COVID to now. It's gone up by this massive amount. And then you ask yourself, like, is my life any better? No, everything just costs twice as much. And are you making twice as much money?

No. Maybe even fact, you're making less. So that's really the issue. It's a skill issue. The problem is that, so you talk about it being a skill issue. World of Warcraft Arena is a great example of this. In World Warcraft Arena, it's so hard to be good at the game because there are so many different factors of complexity.

And because of that, what's happened, is that very few people play it and participate in the content. So you can call it a skill issue as much as you want, but when this skill issue is creating an unpleasant and bad outcome for people at a high ratio, you're obviously going to have people that are upset and angry. PVP's dead. Yeah, exactly. It kills it. And so, like, you can say people are stupid, but those stupid people still need a job and they need some way to support themselves.

So until you have a solution for that, that gives them a degree of dignity, they don't want to hear about how you think they're stupid or anything like that because you're going to call them stupid and they're going to vote to turn your stocks into nothing. And there's more of them than there are you. That's just what happened.

And like, it's not even, it's just common sense. It's this common fucking sense. And so anyway, that's the way I see. Universal Basincome coming? I think in some cases, yeah. but like I just think in general that's that's the way it is and so show them the grasshopper

and the ant clip yeah it sounds like they aren't smart enough to fuck you back they're smart to fuck you back yeah they will and I think that's the reason why a lot of people are happy about the tariffs and the stock market going down it's exactly it so yeah American consumers created the situation in the first place by buying Chinese products

American consumers did not create this situation American consumers allowed it to happen and also they allowed it to happen And also they allowed it to happen because this is another big problem. Most people are stupid and so it's easy to take advantage of them. And because it's easy to take advantage of them, they wanted to have really cheap knick-knacks and doodads, but they didn't realize that in doing so, they would hurt their long-term job prospects.

And I think that's what's happened. Not accepting orders. Ms. Gong also mentioned that a Hong Kong company near her recently moved its factory to Ho Chi Minh City, Vietnam, and is currently hiring Vietnamese locals. However, the sudden increase in U.S. tariffs has put the factory in a difficult position. She said, they just built the factory in Vietnam, and now they're about to start operations. But now the U.S. has increased tariffs by 46% on Vietnam. So that's why he did it.

That was the entire reason. It's impossible to avoid the high tax rates. The investment they made earlier is now wasted. According to Trump said, Yeah, and the thing is, like, he had to do that. Because if he didn't do that, they would have just moved it over there, and this entire play would have been completely ineffective. It's like, imagine you're driving down a two-lane road, and they close one lane.

Okay, well, you just go in the other lane. If you want to stop traffic, you've got to stop both lanes. Announced plans, the U.S. will implement differentiated tariffs on different countries and regions, with China at 34%, the EU at 20%. Taiwan at 32%, Vietnam at 46%, Switzerland at 31%, the UK and Brazil at 10%, and Japan, South Korea, and India at 24%. Additionally, Trump announced a minimum 10% tariff on all goods entering the U.S. However, on April 7th, U.S. Treasury Secretary...

People just kind of forget about that. Like, just putting a 10% tariff on everything is nuts. Scott Bacent stated that nearly 70 countries have already reached out to the U.S. to discuss negotiations on Trump's latest tariff policy. He revealed that President Trump will personally participate in the talks to secure the best bargaining position for the U.S. Many Southeast Asian countries, including Vietnam, Indonesia, Thailand, the Philippines, and Malaysia have expressed willingness to make adjustments and negotiate with the U.S.

Despite Vietnam's proactive efforts to reduce U.S. import tariffs, the White House refused to offer... And I think what's going to happen is that when Trump makes the agreements with, like, these countries that are near China, There will probably be exclusionary, like, factors for countries or sorry, companies that exist in those countries that have Chinese ownership or something like that. That's probably what he's going to do. Like, I would easily see that happen. Most people also don't have endless money.

So who and what allowed mainly Chinese products and platforms on eBay and Amazon instead of the USA ones? We control nothing. Who put or allowed mainly Chinese products on there? Well, I think obviously, like in a way the government did because they allow trade from that country, right? There's a lot of ways that you can look at it. Brooklyn Concessions citing non-tariff cheating. U.S. Trade Advisor Peter Navarro recently said that Vietnam's issue lies in non-tariff methods, such as Chinese products being exported via Vietnam and the theft of U.S. intellectual property.

See, this is the thing. And this is one of the issues that I think a lot of people on the Internet don't understand, is that there are a lot, like, anybody who is like, anybody who is an exploiter of systems knows that there are usually five different ways to solve a problem, and if you're creative enough, you can identify all of them and then use them in concert with each other. So like a trade disparity is only one thing.

ABC? Yeah, always be cheating. That's right. comments highlighted that the Trump administration not only sees tariffs as a tool to resolve trade imbalances, but is also trying to prevent country of origin laundering and reshape global manufacturing and supply chains. On April 6th, a Ticktoker who runs a granulator production factory posted a video, saying that due to the U.S. tariff policy, her factory has been working overtime to meet the demand from orders from Southeast Asia. Today is the second day of our holiday, but all our staff have been urgently called back to the factory to work overtime because of the tariff increase.

Last night, our Southeast Asian customers called, asking us to hurry up and produce and ship. The boss said we should prioritize foreign orders. The big factories we work with are also working nonstop. Not a surprise. I don't know what's going to happen next. Do you understand what this means? Some viewers commented under the video, saying, once these orders are done, there won't be any more orders.

This is the last deal. This is the final flurry before the factory shuts down. Rushing to finish orders overnight, then pulling out. when the business ends. Jesus. After the U.S. announced the 34% tariff increase on Chinese goods, that People's Daily published a series of articles over... That sucks.

Like, I can only imagine, like, that must be awful over there. God damn. Three days, strongly criticizing the U.S. is unilateral abuse of reciprocal tariffs, while stating, the sky will not fall. However, it's clear that Chinese industry is feeling pessimistic. Reports from Chinese... I mean, when you got whole factory shut down and people can't... do anything, then that's going to be bad. I mean, it's really not a lot to it. I mean, I feel like

there's no, like, how do you, how do you not see that and realize it's bad? They get an end before the patch? Yeah, exactly. Do you think the U.S. will have nearly the same impact? I think that there will be a lot of casualties in the U.S. and smaller businesses that will probably go out of business and like even maybe mid-sized businesses that will, but it will probably be like an 80-20 or like at worst, probably 60-40 where like it affects China worse than it affects us. but it absolutely will affect this 100%. I've even talked to like guys that I know that own businesses and they've already been negatively affected.

Absolutely. These media indicate that Chinese manufacturers, foreign trade businesses, third-party intermediaries, and U.S. buyers are all struggling in this tariff battle. Some are reworking their costs overnight and engaging in price wars. Others are changing product specifications and shipping methods, while some are rushing to fulfill orders in an attempt, to minimize losses before the new tariffs take effect.

One foreign trade owner said, no matter what... I heard that Apple was like chartering airplanes full of iPhones to come into America to avoid the tariffs as well. Like they're trying to do... And this is the kind of shit I'm talking about, right? I mean, like, they're trying... And this is the roat shit that people do.

This literally smuggling. Yes, what that's what they do. That was legit and not a meme. I think it was legit. I don't know. Maybe it was a joke, but like I thought it was. I mean, I could have gotten got, but my understanding was that it was. I don't know. These tariff hikes, the biggest losers are the business people. Yeah. Mr. Zhu, an e-commerce entrepreneur from Jiangsu, told Radio Free Asia that the U.S.'s high tariffs on China will lead to the collapse of many e-commerce businesses. Yeah, well.

He said, we are definitely affected. The impact is huge, and there's basically no profit left. We just can't keep doing business. Many e-commerce businesses in Jiangsu and Guangdong can't operate anymore. Everyone's in poverty now. The time of hunger and instability is coming. Just the other day, I met an elderly man in his 80s who was cursing the leaders, saying they've ruined this country. Our foreign policy is surrounded on all sides, and no country is... Yeah, see, like, you'll eventually get to the point to where, like, if people's quality of life diminishes, people will absolutely blame the government. They 100% will.

And like, yes, they can implement more aggressive military control and everything, but all of that has a cost. And there's a reason why they're not doing that right now. It's because they don't want that to be the default. They don't want to have to do that. Engaging with China normally anymore. Veteran media figure, Mr. Goe, believes that the differences between China and the U.S. are not just about tariffs and that Trump's tariff hikes are aimed at

countries around the world. He points out that China's trade surplus with the U.S. nearly reached $300 billion U.S. dollars last year, something President Trump greatly dislikes. He added that U.S. Vietnam trade can be resolved through negotiations between the leaders of the countries, including lowering tariffs on Vietnamese products entering the U.S. But this is not the case for China. He said, in comparison, the trade war is definitely more disadvantageous for China because China depends heavily on the U.S. market. The U.S. itself is a huge market. The key issue is that after China made the first move, no other countries followed, which is probably the most... That's exactly it.

Like, remember Trump's saying that, like, China panicked? I think this is probably what he was referring to. It's because if nobody else does it, like, the thing is that if everybody had responded the way that China did, it would have backed Trump much more into a corner. But they didn't. Yeah, that was that was panicans. Well, I mean, in a way, right? I mean, it's another country, but yeah, China's very dependent on the U.S. KKKW? Well, it is.

I mean, like, we're, the thing is that the U.S. and China are very codependent. Like, I mean, like, they'll be negatively affected if something bad happens to us and will be, like, if there was a massive plague in China and like, let's say half of the people in China died, this would negatively affect our economy in a big way. It would. So, so like, yeah, no, we, we are very connected to them. And it's been that way for a long time. Troubousome problem for China.

If Vietnam successfully negotiates with the U.S. and benefits from it, it will attract many other countries to follow suit and negotiate as well. The People's Daily, the CCP's official paper, warned in a commentary that the U.S.'s actions will ultimately lead to a self-destructive cycle for the U.S. Australian scholar Li Yuanhua stated that while the U.S. will temporarily be affected, American society's ability to withstand shocks is relatively greater than China's. He said, if life in China were to regress decades, could the Chinese people endure it? Can the CCP handle the growing public discontent?

The CCP... That's the thing. And I feel like that's probably what the subtext to a lot of this is. Yeah, we have PTSD on our side. No, they couldn't. Yeah, I don't know if they can or not. And I think also, I can get... guarantee you that there's people that are working at the government in China that are very afraid of that happening.

It doesn't have many cards to play. When it collapses, it will likely not be in a rational way, and it won't be due to a desire to solve problems. In a rare move, there has been criticism within China against the CCP's countermeasures against the U.S. He been, former deputy director of the Public Policy Research Center at the Chinese Academy of Social Sciences, recently posted on social media. He said the CCP's countermeasures are entirely wrong. He made a comparison. The tariffs are like, if you hit your wife, I'll hit my wife.

He further pointed out, the U.S. raising tariffs is like shooting yourself in the foot, and we should not shoot ourselves in the foot as well. See, that to me is like the real, like, that's the reveal in my mind. Is like if tariffs, because people tried to put the messaging out there that like tariffs are only bad for the country that's implementing them, well, then why are they threatening us with tariffs? It doesn't make any sense. Like, I mean, really, it's just like, I mean, just logically, like, I, like, maybe that's true, but like, damn, that sure seems like a bad argument to me. Yet, he has both sides.

He believes the correct countermeasure strategy is not to retaliate tit for tat, but to adopt a policy of comprehensive economic openness, implementing unilateral zero tariffs on all imported goods from other countries. Chinese economist Fu Peng believes that Trump's reciprocal tariffs are like a buyer gathering supplies for negotiation. If suppliers refuse to negotiate, it's like abandoning their chance to bid, which will exclude them from the supply chain. Well, that's not, it's not like that. That's literally what it is. That's exactly what it is. I mean, like, really, this is what I said before, right? It's that it would be a lot easier for the U.S. to replace and get goods from somewhere else than it would be for China to sell their goods at the same rate that they're selling it to the United States at the same rate. Like, one of them is just simply way easier than the other. Hupang's comments are suspected to have been deleted. Chinese financial website Yichai cited analysis from Gao Rui Dong,

chief economist at Everbright Securities. He said that the current China-U.S. trade friction is gradually extending into the fields of technology and finance. If negotiations continue to be blocked, the decoupling in these areas could further intensify. I think that's probably what's going to end up happening. So many still don't understand China only has 13% export to USA. those 13% will be filled by other partners like Spain just announced a deal with China EU is working with the deal on China

and UAE. The thing is that if those countries are working with these deals with China, those countries will also have the same problems that we had dealing with China also. And so like the same intellectual

property theft, the same corporate espionage, the same accounting deferential issues like not necessarily. Let's be honest, okay, they're going to. And so, yeah, they're going to run into these same issues too. So, you know, China or like these countries might think that it's a good idea doing business with China. Sure, right?

They can try and do that, but they'll run into the same problems that we did. Yeah, it already happened. Yeah, exactly. They don't innovate. They don't have IP. If they have products and then those products are then being copied and then resold in Chinese markets inside of the country, then it's going to happen. Like, intellectual property isn't just Mickey Mouse. The mayor June, the decoupling technology and finance between China and the U.S.

could resonate with the tariff policies, amplifying pressure on capital markets. Yeah, it's crazy how extreme this has gotten, man. It really is. Like, I'm almost surprised that it's been happening as far as much as it has. But, you know, I guess we're just going to have to wait and see, you know, how much worse it's going to get, right? And Polish America is waiting 47 years. Now I can smile. Yeah, I think that there are a lot of Americans.

and this is like a big component to it is that there are a lot of Americans who have spent their whole life like hearing about how like let me link you guys to video too this is a good video too and uh share a video yeah yeah there it is right there and uh base channel i think so too yeah absolutely and i think that there are a lot of americans who have spent their whole life hearing about how china steals intellectual property uh china engages in unfair business practices and china in general is just a actor in a lot of ways. And so now that they're seeing the government actually doing something against that, at least they're perceiving it that way, you're seeing a lot of Americans that are very positive towards that and they're supportive towards it as well. So I think that really that's

it. You see if you're banned on Billy Billy. I mean, the thing is that like I don't hate China. I never have hated China. That's not really the thing. I just think that, you know, there needs to be some concessions made so we can have a fair deal for ourselves, right? And I think that's for us and it'll be better for them. Why not? Well, because like, I might disagree with things that the government does, but like China's got a lot of people in it. It has over a billion people in it.

Everybody in China bad. No, I think the reality is that, I mean, if you go to, if you go, like, I've learned this with video games a lot, is that if you just go and talk to other people that, you know, have the same interest in you, that, that, uh, the same interests as you, like with games or anything else, a lot of people are just going to want to do. the general same stuff. You probably have a lot more in common with some random guy in China that plays the same video games that you do than you do with some rich guy that owns a company here in America, right? You actually probably do. So, and yes, obviously, like, there's going to be

cultural differences, et cetera, but the fact is that what somebody engages in, their hobbies, their just average life, their economic condition, we have a lot in common with these people. And so there isn't like, it's not like these Chinese people are like a different species or something like that. They just live somewhere else. They look a bit different. They speak another language. But ultimately, I think that they generally, like, I mean, even China, here's a great example. China used to want to be astronauts and engineers when they grow up. And now they want to be influencers and YouTubers too. So it sure seems like China's becoming a lot more like the United States. And I think that's another good example of it too. Yeah, exactly. Yeah, exactly. So there it is. the problem is how Trump is speaking with, is treating the allies with the tariffs. The U.S. won't beat China alone.

And all Trump's bullying does is form trade alliances around the U.S. We're already seeing it happen. Yeah, I saw the thing with Spain trying to, like, form a deal with China as well. And you'll see how much of that is actually going to happen and how big it's going to be. Yeah, for sure. America has like no culture, though.

Well, if America has no culture, then why do people keep steering copyright from American, for America? Like if there's no American culture, then why do people keep stealing cultural things that are IP from America? Oh, I feel like obviously it's because they do, right? I mean, that's clearly why.