Bannon`s War Room Episode 4410: Ramping Up Free Trade In The US; Reordering Of The New Monetary System
Apr 14, 2025
Mike Rogers, a former U.S. Representative and Senate candidate for Michigan, joins Peter Navarro, an economist known for his trade expertise, and Frank Gaffney, a national security commentator. They dive into the staggering impact of unfair trade practices costing the U.S. trillions, the implications of proposed tariffs on domestic manufacturing, and the need for strategic engagement with China. Discussions also touch on restoring manufacturing jobs in Michigan and creating a proactive approach to global economic challenges.
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Trade Imbalance and Wealth Transfer
- The US transfers $12 trillion of wealth abroad annually due to trade imbalances.
- This represents $18 trillion total since deficits began, a significant loss of potential domestic investment.
Tariff Strategy for Reshoring
- Tariffs will be applied to semiconductors, chips, and pharmaceuticals.
- This aims to encourage domestic production and reduce reliance on foreign supply chains, especially from China.
Global Monetary Order Breakdown
- The current global monetary order is breaking down due to overspending and a rigged trading system.
- The rigged system, which favors China, was created by US elites, according to Stephen Miller and Peter Navarro.