65% of third-party sellers on Amazon are Chinese, while only 34% are Americans; 92% of whom purchase their listed goods from China. Since Amazon is the premier store for many American buyers, Chinese goods are in almost every single household in America, leading to the American people becoming reliant on Chinese products.
By enabling the Chinese to become third-party sellers on Amazon, Jeff Besos contributes to the reliance of American households on Chinese goods and, ultimately, the decline of the American economy.
Hello. I am Bobb Rousseau and this is Apostrophe Podcast. Today’s episode explains how China controls the economic well-being of the American people and subsequently, the American economy. Without further ado, let’s begin.
Sixty five percent of third-party sellers on Amazon are Chinese, while only 34% are Americans; 92% of whom purchase their listed goods from China. Since Amazon is the premier store for many American buyers, Chinese goods are in almost every single household in America, leading to the American people becoming reliant on Chinese products.
Since 2001, The United States has been an open market for “Made in China” products. American businesses purchase Chinese goods to return larger profits when selling them over American goods. Such a financial approach empowers China to increase the volume of goods it sends to the U.S. In case you did not know, 75% of goods that Americans consume are made in China or with products coming from China.
According to the UN COMTRADE database, in 2022, the United States imported $600B worth of goods from China. Granted that Chinese exported products are cheaper than American products; however, the more goods the United States imports from China, the more significant opportunity China has to widen its global economic standing and deepen the United States trade deficit.
The U.S. government lets China’s illegal importation run wild without any consequences. America’s good-faith, diplomacy, and arbitration efforts are ineffective in correcting Beijing’s unlawful trading practices.
It is time for America to apply economic warfare to decouple its trade relations with China. The U.S must take action to order compliance to reverse the Chinese impact on national production. To regain economic freedom, the United States must enact tariffs and quota policies for goods coming from China. This will require the U.S to place an additional tax and limit the amount of goods coming from China. These policies will make domestically produced goods more competitive as the government sets a fixed rate and a fixed quantity of Chinese goods to enter the American market yearly.
Agreed that tariffs and quotas may have unintended consequences on consumer consumption such as shortages and inflation, mainly if tariffs are set too high and quotas too low. This is why the government would invest, fund, and establish supply and demand baselines for the production and manufacturing of products Americans consume the most.
In summary, China applies unfair international trade practices to control the economic well-being of the American people. The U.S. attempted diplomacy and arbitration to correct them, but these efforts have proven ineffective. To reduce the flow of Chinese goods in the American market, the U.S. government must place additional tax and limit the amount of goods coming from China.
Bobb Rousseau, PHD
Apostrophe Podcast
Hello. I am Bobb Rousseau and this is Apostrophe Podcast. Today’s episode explains how China controls the economic well-being of the American people and subsequently, the American economy. Without further ado, let’s begin.
Sixty five percent of third-party sellers on Amazon are Chinese, while only 34% are Americans; 92% of whom purchase their listed goods from China. Since Amazon is the premier store for many American buyers, Chinese goods are in almost every single household in America, leading to the American people becoming reliant on Chinese products.
Since 2001, The United States has been an open market for “Made in China” products. American businesses purchase Chinese goods to return larger profits when selling them over American goods. Such a financial approach empowers China to increase the volume of goods it sends to the U.S. In case you did not know, 75% of goods that Americans consume are made in China or with products coming from China.
According to the UN COMTRADE database, in 2022, the United States imported $600B worth of goods from China. Granted that Chinese exported products are cheaper than American products; however, the more goods the United States imports from China, the more significant opportunity China has to widen its global economic standing and deepen the United States trade deficit.
The U.S. government lets China’s illegal importation run wild without any consequences. America’s good-faith, diplomacy, and arbitration efforts are ineffective in correcting Beijing’s unlawful trading practices.
It is time for America to apply economic warfare to decouple its trade relations with China. The U.S must take action to order compliance to reverse the Chinese impact on national production. To regain economic freedom, the United States must enact tariffs and quota policies for goods coming from China. This will require the U.S to place an additional tax and limit the amount of goods coming from China. These policies will make domestically produced goods more competitive as the government sets a fixed rate and a fixed quantity of Chinese goods to enter the American market yearly.
Agreed that tariffs and quotas may have unintended consequences on consumer consumption such as shortages and inflation, mainly if tariffs are set too high and quotas too low. This is why the government would invest, fund, and establish supply and demand baselines for the production and manufacturing of products Americans consume the most.
In summary, China applies unfair international trade practices to control the economic well-being of the American people. The U.S. attempted diplomacy and arbitration to correct them, but these efforts have proven ineffective. To reduce the flow of Chinese goods in the American market, the U.S. government must place additional tax and limit the amount of goods coming from China.
Bobb Rousseau, PHD
Apostrophe Podcast