InvestoPads: China Refused Exports to Collapse US Economy (w/ Peter Schiff)


Dec 13, 2022

As the US was gearing up for the holiday shopping season, China announced it was temporarily suspending all exports to the US. This move was made in order to pressure the US into agreeing to the trade ultimatum that China had sent to the US.

In this video, Peter Schiff explains why China’s refusal to export to the US is a devastating blow to the American economy and why it’s only a matter of time before the US economy collapses. China’s economy is much larger than the US economy, and this action shows just how assertive China is regarding trade. Check out this video to learn more about China’s Refused Exports to Collapse US Economy!


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