【謝田時間】1.美國終結中國廉價產品，對誰打擊大？ 2.廉價中國產品正被其它國家取代？3. 企業外包蠶食美國製造業？ 4. 美國40來最高通貨膨脹的始作俑者？ 5.川普美國製造被中斷？

Hello, Professor Xie. Hello, Shirley. Hello, everyone. Recently, the New York Times published an article The era of the United States embracing China's cheap manufacturing has come to an end. This article mentions Biden's strategic industrial policy and Trump's self-sufficient domestic economic transition. What kind of new era will it bring to the United States? It seems that it is not clear at present. What do you think? Yes, there are many points in the New York Times that I think are wrong. They are misleading. For example, there is a report that the theory of politics is that the United States will benefit from the production of foreign exports to those countries that can produce certain products at a lower cost. Because these jobs are low-paid, some people in the United States lose their jobs. But if you do this, you can provide low-cost products to American consumers so that American companies can invest in high-value industries with innovative advantages, and the overall economy will benefit. So now, as he said, the two parties are now cutting off ties with China. U.S. Congressmen have also taken a more and more tough stance on China's labor behavior, cutting off foreign property rights. These policies, first of all, the United States does not actually seek to completely decouple from the CCP. Some of the products in the United States actually need to be imported from China. A lot of things have been lost because the United States is no longer producing. But in fact, the CCP has slowly become a world factory in the past 20 years. It is not only satisfied with the products that the United States does not produce, but also the products that the United States needs. And the products that the United States itself produces are also eating up, occupying American markets. So the result of this foreign export is that American companies, American people are really affected. Because related American companies have to close their resources, which leads to consumption. So some people think that it seems that products from foreign countries are good for American consumers. Because American consumers can get cheap products and save money. So economically it is good. But this is actually a partial view. Because although most people may have saved some money and bought products from China. For example, products from China are cheap and can save a lot of money. But you know that some American companies that produce these products have a lot of bankruptcies. American manufacturing industries are closing down. And these manufacturing industry workers have lost their jobs, and the government has to provide them with jobs. So on the one hand, the Americans have saved some money. On the other hand, they have to support these or help these unemployed people and spend a lot of money. In the end, it seems that the Americans have lost more. In general, they have to provide these people with benefits, jobs, and support. In fact, it is more than everyone can save money. This has become a burden on the US government. So these things, the products from foreign countries are actually double-sided. Some of them are beneficial to the United States. Some of them will cause the loss of American jobs. So the two parties are now taking more and more strong positions. For example, President Trump hopes to be self-sufficient. He hopes that the United States will not rely on the CCP in some key industries. Biden has basically inherited some of Trump's tariffs. He has now even raised the tariffs higher to prevent China's electric cars from being cancelled. So the two parties actually have the same attitude towards China and the diplomatic policy to Taiwan. In addition, the report also said that the United States is now enduring the highest rapid inflation in 40 years. If this kind of transition will it disturb the American public? What do you think of this statement? It is true that the United States is now experiencing the fastest inflation in 40 years. The direct reason for this inflation is not because of the increased tariffs on products from China. So the leftist view is wrong. Because even if the United States does not import from China, the United States can still import from Vietnam, Indonesia, Bangladesh, Thailand, and other countries. Then it can still maintain the low price of American products. In fact, this is exactly what happened. But the reason for the U.S. inflation is not because of these products, but because of government spending, government borrowing, spending money, water, government spending, government borrowing, Biden's leftist government is engaged in this kind of socialist policy. This really disturbs the American public. So this pain is so strong that the Democratic Party's voters in Lanzhou are starting to turn to Trump. Recently, Trump went to New Jersey to do a speech in Lanzhou. There were 100,000 people in Lanzhou. This has never happened in the history of this state. Then Trump went to New York City. In New York City, more than 80% of the population are black people and Latinos. They used to be Democratic voters. Now these Democrats have to vote for Trump. They can't stand the pain caused by the inflation. Of course, the Biden administration used judicial corruption and judicial weapons to crack down on Trump's vicious actions. This also caused a stir in the American people. In addition, this article also said that Biden and Trump's policies may slow down economic growth. What do you think of this statement? This will not slow down economic growth. The American economy is still growing. But now the growth rate is very small. I think this is related to the tax policy. If Trump wins the election in November, the U.S. will increase oil and natural gas development The U.S. economy will grow faster. Republican and conservative policies have always been tax cuts to stimulate the economy. This has nothing to do with cutting off China's competition. Cutting off China's competition will protect the U.S. industry and protect the U.S. from the CCP's use of military technology to target the U.S. to attack the U.S. Speaking of cutting off China's products, this article also said that this will force enterprises and consumers to spend money on domestically expensive goods rather than on innovative products that can create new industries and new employment opportunities. What do you think of this statement? This statement is wrong. I think the U.S. has increased tariffs on China. But in fact, we can see that the industrial chain has entered Vietnam and Bangladesh after China left the country. Products imported from these countries to the U.S. are increasing rapidly. They are replacing products from China. So it doesn't mean that this will force enterprises and consumers to spend money on domestically expensive goods No, this is not true. Products from other countries are still relatively cheap. Now, the so-called expensive goods are completely the result of inflation. Inflation is exactly the result of the left-wing government's misappropriation of money. In addition, this article also said that Trump has not successfully brought back many factories to the U.S. What do you think of this statement? In the future, one is to reduce taxes and the other is to increase tariffs on Chinese products. The reduction of taxes has led to a large number of U.S. companies returning funds to the U.S. This has indeed happened. They have started to invest in the U.S. and the tariffs have also led to companies bringing supply chain industries to other countries to continue to provide products Some of the key products, such as medical supplies, medical tools, and new coronavirus-related medical products, were originally provided by the U.S. relying on China. After being hit by these problems, now the CCP uses medical products as a leverage to threaten other countries and the international community. This has also aroused U.S. concerns. Trump's approach to increase tariffs on Chinese products and to hit the CCP and return the supply chain to the U.S. has played a very positive role. Unfortunately, since 2020, after the Biden administration took office, this approach has been slowed down. I believe that in 2025, Trump will continue to strengthen the U.S. and to develop the manufacturing industry in the U.S. Do you think the CCP's export will be reduced if the U.S. does not produce Chinese products? Will it be a bigger blow to the CCP or will the U.S. suffer more? The U.S. has not suffered much. As I said earlier, the supply chain has been transferred to other countries. Vietnam, Bangladesh, and India also have cheap labor. The U.S. is just embracing the era of cheap Chinese manufacturing. The U.S. is embracing the era of cheap Southeast Asian manufacturing. This is just the beginning. Capital is being transferred again. Developing countries can still enjoy the cheap manufacturing products of developing countries. This is like the 30-year peace agreement and the 30-year peace treaty. After the war, Japan was the first to provide these products. After that, it was Asia. Then it was mainland China. Now it's Southeast Asia. As the U.S. embraces the world of cheap manufacturing, this will continue. What do you think is the purpose of his article? I think he is confusing right and wrong. Of course, he is a leftist who is hostile to Trump. In fact, in many places, he is giving the Chinese Communist Party a place to stand. I think he is using the loss of China as a weapon to scare the Americans. I think this is the real purpose of the left.