

"Trump WON China's Chess Game" - Bessent & Lutnick ANNOUNCE Major Trade Deal With China
Jul 2, 2025
A major trade deal has been finalized between the U.S. and China, focusing on rare earth minerals essential for American manufacturing. The discussion dives into the strategic implications of this agreement and its positive impact on future economic growth. Key negotiations highlight the tactical use of tariffs and resource management. Additionally, the podcast examines Donald Trump's unique negotiation style and contrasts it with his counterparts, all while emphasizing American values and brand loyalty.
AI Snips
Chapters
Books
Transcript
Episode notes
Strategic Trade Chess Game
- Trump's trade deal with China was a strategic chess game involving rare earth minerals and chemical exports.
- The deal hinges on China delivering rare earth magnets before the U.S. reduces restrictions on ethane exports to China.
Economic Impact of Magnet Flows
- Flow of rare earth magnets to American manufacturers will help keep product prices down.
- The stock market reacted positively to this trade deal progress.
Five Keys to Successful Deals
- To negotiate effectively, think big, maximize leverage, know your market, use the press, and protect downside.
- These principles guide successful dealmaking in business and trade.