What China Joe means here is, He is dropping Trump tarifs on China so he and his family can get rich"er" and fuck the US in the process.
Except this isn’t true. Biden said he has no plans to remove tariffs with China in the near future, if ever. Although he should consider it because other than political bluster, the tariffs have accomplished little.
The tariffs aren’t paid by Chinese companies manufacturing products, they’re paid by American companies importing Chinese goods, and the costs are passed on to consumers.
Look at the bilateral trade figures between the US and China:
"In 2017, U.S. imports of goods from China were $505 billion. In 2018, U.S. imports went to $539 billion, and because of China’s retaliatory tariffs, U.S. exports to China declined by more than $9 billion."
If you think anyone can compete with Chinese run slave labor, you're a fucking idiot. Have you compared prices on Chinese goods vs others, if you can find others. They are putting companies out of business.
They put companies out of business about 40 years ago because multi-nationals shifted manufacturing to slave-labour economies, like you said. As a result, the US economy shifted from manufacturing to a services and information based economy decades ago. That’s not bad - most Westerners don’t dream of standing on an assembly line twisting wrenches all day for low pay. Most prefer working at a comfy desk or in the service sector.
Joe, you are not fooling anyone, well maybe some people. Oh wait it's racist if your don't buy from China.
Is it?
I Took The Liberty Of Fertilizing Your Caviar.