Global Shock!
Trump sanctioned a Chinese port for accepting Iranian oil. China put a tax on U.S. ships.
https://www.youtube.com/watch?v=Qri0lqnvmAY&t=628s
Tag: trade war
Trump’s Tariffs Are Upending Democratic Politics
“A decade ago, only a fairly small group of congressional Democrats voted to support President Barack Obama’s free trade agenda. Protectionism was on the rise, helping fuel the campaigns of Donald Trump and Bernie Sanders. Most of the “yes” votes for Obama’s trade program were Republicans.”
https://www.politico.com/news/magazine/2025/10/05/jared-polis-trump-democrats-campaign-free-trade-inflation-00592744
Your Tax Dollars Are Funding the DUMBEST Bailout Ever!
Some of the taxes you pay are going to bailout farmers who only need to be bailed out because of Trump’s tariff policies.
https://www.youtube.com/watch?v=qYVPQRK-gF0
American Manufacturing Needs Relief From Trump’s Tariffs
“Manufacturing has been in decline for six months, nearly the exact amount of time since Trump’s new trade wars began.”
https://reason.com/2025/09/04/american-manufacturing-needs-relief-from-trumps-tariffs/
Trump’s New Trade ‘Deal’ With the E.U. Leaves Out Beer, Wine, Booze
“Americans who enjoy German lagers, Belgian saisons, and Czech pilsners will get no relief from the higher tariffs that President Donald Trump has poured on their favorite brews.
…
The deal locks in the 15 percent tariffs that Trump has imposed on most European goods imported into the U.S., but it also serves as a promise from the Trump administration not to target European goods with product-specific tariffs that could be announced in the coming weeks or months—including potentially huge new tariffs on pharmaceuticals, something the White House has been teasing for months. The deal also creates a pathway for the United States to reduce its tariffs on European cars to the 15 percent threshold, once the E.U. reduces some of its own tariffs on American industrial goods.”
https://reason.com/2025/08/22/trumps-new-trade-deal-with-the-e-u-leaves-out-beer-wine-booze/
‘Tariffs Will Simply Put Us All Out of Business’: Trump’s Trade War Is Crushing American Crafters
“As President Donald Trump’s tariffs make life less affordable and predictable for Americans, they’re also threatening to make it less creative. American craft stores are struggling to keep up with ever-changing trade policies, which are making the foreign-made products they stock more expensive and difficult to access. Many foreign craft supply companies are now unable to ship to American consumers at all.”
https://reason.com/2025/08/28/tariffs-will-simply-put-us-all-out-of-business-trumps-trade-war-is-crushing-american-crafters/
China’s Shadow Moves: Ukraine, State Capitalism, and AI Ambitions | China Watch
Trump’s tariffs are likely to produce a record trade surplus for China as imports from China are frontloaded.
https://www.youtube.com/watch?v=ze8fbNgsZ0s
Why the U.S. is on the Precipice of a Recession — ft. Mark Zandi | Prof G Markets
Hiring is so low, it’s almost like we have a hiring freeze across the country.
The U.S. is on the edge of recession directly because of Trump policies–tariffs, immigration crackdown, DOGE cuts.
Hyperinflation around the world regularly happens after an executive takes control of a central bank and makes it cut interest rates.
https://www.youtube.com/watch?v=D5F8o9z1-Nc
EU faces first test of fragile trade truce with Trump
““Deals with the Trump administration simply do not create the kind of lasting certainty everyone is desperate for, because certainty, predictability and strict fidelity to treaties are not White House objectives,” said Dmitry Grozoubinski, a former trade diplomat and author of the book “Why Politicians Lie About Trade.””
https://www.politico.eu/article/eu-faces-first-reality-check-fragile-trade-truce-donald-trump/
How China’s $285M Export Hub in Brazil Will Cost U.S. Billions | WSJ Center Point
Because of the trade war, China is getting more agriculture goods from Brazil than the U.S.. China is building a port in Brazil to get even more from Brazil and even less from the U.S.. Too bad for U.S. farmers.
https://www.youtube.com/watch?v=A4l_wHA8kvk