Valuetainment "This Scares The CRAP Out Of China" – JD Vance & Modi's U.S. - India Trade Deal THREATENS China
Apr 22, 2025
The podcast dives into the shifting economic landscape as the U.S. turns its focus to India amid growing tensions with China. With a new trade agreement on the horizon, there's optimism for India's rise as a global powerhouse. Meanwhile, U.S. tariffs have led to significant factory closures in China, impacting both nations' manufacturing sectors. The market shows resilience despite uncertainty, but small businesses in the U.S. are feeling the competitive pressure from Chinese firms. It's a riveting discussion on global trade dynamics and community resilience.
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U.S.-India Trade Deal Progress
- The U.S. and India have finalized the terms for a trade negotiation to create jobs and build supply chains.
- This agreement marks a significant shift as the U.S. looks to India as a new economic partner over China.
China Factories Shut Down
- U.S. tariffs are causing temporary factory shutdowns in China due to declining orders.
- Many Chinese factories face unsustainable operations amid supply chain disruptions and increased production costs.
Challenges Competing With China
- China dominates manufacturing due to low labor costs, subsidies, and lax regulations.
- Decoupling from China will be painful and may not bring jobs back to America easily.