Geopolitical Economy Report
Geopolitical Economy Report
Ben Norton
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Is China producing too much? US 'overcapacity' accusations: new tactic in economic war
33 minutes Posted Apr 12, 2024 at 1:14 pm.
Intro
Chinese 'overcapacity' allegations
Janet Yellen
US vows to 'slow down China's rate of innovation'
Elon Musk begs for tariffs on Chinese EVs
US wants China to be economically subordinated
US tech war on China
Western industrial policy
Protectionism
US Inflation Reduction Act
US Chips Act
US undercapacity is the real problem
BYD has just 1.5% of EU EV market share
China's car exports vs Japan & South Korea
Is overcapacity a problem?
Outro
0:00
33:04
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Show notes
Washington accuses China of producing too many goods and demands "free market" policies. But the US government is spending trillions on industrial policy to protect its own manufacturing sector. Ben Norton details the hypocrisy of the allegations, the latest strategy in the US economic war on China.
VIDEO: https://youtube.com/watch?v=GUpWxNcdnYU
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