What Trade War?

Episode Transcript

Speaker 1 (00:00):
Winning, winning, winning President Trump and China now have essentially
come to a deal. They're just working out the details,
but they're The representatives in Geneva, Switzerland have now worked
out pretty much the framework of a massive trade deal

(00:21):
between China and the United States. China has capitulated. It
is now very obvious that China will have to pay tariffs,
that China is not going to have the sweetheart deal
that they used to under previous administrations, and that by

(00:42):
negotiating with Trump, they now realize they're going to have
to pay a tariff, and a substantial one, and that
US manufacturing is going to come back to the United States.
In other words, all of the claims the Democrats, the media,
even the never Trump Republicans like the Wall Street Journal

(01:03):
about how this was going to lead to a brutal
trade war, a crash in the stock market, maybe even
a recession, maybe even a Great depression. Trade war? What
trade war? First, the United States signs a deal with
the United Kingdom. Now they've worked out a framework deal
with China. India is about to sign, Japan is about

(01:27):
to sign, South Korea is about to sign. There is
no trade war. Trump was right the entire time the
world is going to have to pay ten percent, maybe
even a twenty percent tariff, depending on the country, for
the privilege to have access to the wealthiest, best, greatest

(01:52):
market in the world. In other words, they predicted doom
and gloom, and they were wrong again. Beijing waves the
white flag of surrender on trade. Other countries are falling
in line. The stock market is now booming. It's up

(02:13):
three percent over a thousand points. Investor confidence is soaring again.
I thought tariffs would be the end of America. Instead,
Trump is right again. It is laying the foundations for
a new Golden age, good working, middle class jobs, bringing

(02:36):
investment and manufacturing back, and yes, putting America and American
workers first. The media was wrong again, winning, winning, winning,