Transcripts for MSNBC Ayman 20220320 00:34:00 : vimarsana.co

MSNBC Ayman March 20, 2022 00:34:00

details that are obviously -- but one thing i want people to look at is how much of our gp depends on exports. and how much is it bought from china. and it is not existentially. the total gp, gdp is somewhere around 10%, it depends on exports. that's the majority that goes to mexico and canada. and then there's some amount that's left for china. the reverse, though, is not the case. china depends very heavily on exporting goods to the united states, but to a lot of countries in the world, especially the eu. so in that sense, it is asymmetric. and if the u.s. could actually put very, very painful sanctions on chinese goods, the downside of that of course is the u.s. and the you will have places where we would have the benefit of some of the cheapest coming out of their. there is a lot of u.s. manufacturers that continue to do produce high tech products, low tech products, or sorts of products in china. so, it would accelerate what is a sort of a flow decoupling that's been happening in the last couple of years. wanted we've seen happening in

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