The 2025 China Recession Just Got Worse
Published: 2024-11-15
Status:
Available
|
Analyzed
Published: 2024-11-15
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
China's economy is predicted to further deteriorate.
"China's economy just went from bad to worse"
Pending
Donald Trump intends to implement high tariffs on goods from China upon entering the White House.
"Donald Trump has promised High tariffs on China once he enters the White House"
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Some companies are expected to relocate manufacturing operations out of China to avoid higher tariffs.
"some companies will move some manufacturing out of China because of this because they don't want to pay these higher tariffs"
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The struggling Chinese economy, characterized by high unemployment, is expected to face further negative impacts if businesses move operations and jobs out of the country.
"remember the Chinese economy is already struggling their unemployment is already high they're already facing these struggles and now if businesses move their operations out they move their jobs out that wouldn't be good for the Chinese economy"
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Manufacturing constituted over 26% of China's GDP in 2023.
"in 2023 manufacturing made up more than 26% of China's GDP"
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Goods and products for the United States represent the second largest category of manufactured items from China.
"the number two largest thing that China manufacturers are goods and products for the United States"
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Further stimulus measures from China are anticipated in 2025.
"you can expect even more Chinese stimulus coming in 2025"
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Europe is predicted to experience a severe recession if Trump-imposed tariffs are enacted.
"Europe faces a full-blown recession under the Trump tariffs"
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Donald Trump plans to implement a 60% tariff on goods from China and a 10% tariff on all other imported goods into the U.S.
"Trump has vowed to impose a 60% tariff on Goods imported from China and a 10% blanket tariff on all other Goods entering the United States"
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The European Union's economy is currently performing poorly.
"the European Union has not been doing very good economically"
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The German economy, which depends significantly on U.S. trade, is expected to be severely impacted by tariffs on European automotive products.
"the already struggling German economy which heavily relies on trade with the US will be particularly hit hard by tariffs on European Automotive"
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A primary objective of implementing tariffs is to repatriate manufacturing jobs to the United States.
"the goal that Trump has talked about with these tariffs is number one to bring jobs back to the United States"
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The return of jobs to the U.S. is intended to stimulate economic growth.
"if we bring the jobs back it's to then grow the economy"
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Imposing tariffs is expected to lead to an increase in the prices of goods within the United States.
"the problem with this is it is going to raise the prices of goods in the United States"
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The aim of the proposed policies is to facilitate the return of manufacturing jobs to the United States.
"the goal with this is to bring the jobs back into the United States to bring some of these manufacturing jobs back in the United States"
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The IRS has released new tax bracket information for the year 2025.
"the IRS just released their new tax brackets for 2025"
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