Trump's nuclear trade war targets China - but will blow back on USA
whatshot 28 snips
Apr 12, 2025
The podcast dives into the explosive impact of Trump's 145% tariffs on China, revealing how these trade tactics may be backfiring on the U.S. economy. It discusses the consequences of economic decoupling and China's pushback against U.S. dominance. Experts analyze the volatility in the bond market, rising Treasury yields, and the widening economic divide between billionaires and the working class. The conversation also touches on the aggressive U.S. foreign policy and the potential for a new cold war.
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insights INSIGHT
Extreme Tariffs
Trump imposed 145% tariffs on China, adding to existing 20% tariffs.
This aggressive move is largely symbolic, as tariffs above 50% severely restrict trade.
insights INSIGHT
Decoupling Goal
Trump's aim is economic decoupling from China, a risky move given US reliance on Chinese imports.
This agenda, supported by think tanks and billionaires, could backfire.
question_answer ANECDOTE
Lutnick's Miscalculation
Howard Lutnick, on Fox News, wrongly asserted that China is more reliant on the US than vice-versa.
He believes the US can win this trade war, underestimating China's resilience.
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How the Supreme Court Is Weaponizing Religious Freedom
Andrew L. Seidel
In 'American Crusade', Andrew L. Seidel examines key Supreme Court cases over the last thirty years, including cases like 'Masterpiece Cakeshop v. Colorado Civil Rights Commission', 'Trump v. Hawaii', and the recent overturning of 'Roe v. Wade'. Seidel argues that the Supreme Court has turned the protection of religious freedom into a tool to impose Christian privilege and undermine the separation of church and state. The book is a meticulously researched and deeply insightful account of the current political landscape, emphasizing the dangers of Christian nationalism and the importance of maintaining a secular government to protect true religious liberty.
Donald Trump's trade war went nuclear, hitting China with 145% tariffs, aimed at economic decoupling. This is already backfiring on the US economy, which is heavily reliant on Chinese imports. The volatility also fueled a crisis in the bond market, with Treasury yields rising. Ben Norton explains.
VIDEO: https://www.youtube.com/watch?v=u9k7132Iyeo
Trump advisor reveals tariff strategy - Force countries to pay tribute to maintain US empire: https://www.youtube.com/watch?v=VnajhDMAWVA
Topics
0:00 Economic war
0:51 Tariffs of 145% on China
1:56 China defends itself
2:41 Decoupling
3:49 (CLIP) Howard Lutnick attacks China
4:14 Scott Bessent on China
4:48 US trade with China
7:05 USA will lose trade war
8:02 China's manufacturing dominance
9:47 China's trade
10:33 High risk
11:35 Trump's arrogance
12:06 (CLIP) Trump: countries are "kissing my ass"
12:18 Mafia behavior
13:02 US empire demands tribute
13:35 (CLIP) Stephen Miran: US demands tribute
13:59 Threatening the world
15:55 China stands up
16:34 Trump admin's China hawks
17:47 (CLIP) Marco Rubio on new cold war
18:30 Biden admin targeted China too
20:01 US bond market shock
21:39 Treasury note yields
25:01 Interest payments on US national debt
26:05 Hedge fund margin calls
28:35 Trump's billionaires
28:53 Elon Musk
29:42 Bill Ackman
29:59 Jamie Dimon
30:35 Market manipulation?
32:21 Trump meme coins
32:58 Outro
Geopolitical Economy Report 