Geopolitical Economy Report
Geopolitical Economy Report
Ben Norton
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Trump's trade war immediately failed: China is much stronger than USA thinks
32 minutes Posted Apr 16, 2025 at 3:43 pm.
Trump's trade war
Exemptions for Chinese electronics
China's trade with USA
Myth of US reindustrialization
Goals of tariffs
Lack of industrial policy
Trump's tariff exceptions
Trump begs Xi Jinping to call him
(CLIP) Howard Lutnick on China
China and Vietnam boost ties
China's economic strength
Airliners
Semiconductors
AI
China's technological development
Backfiring on US economy
Luxury goods
China's exports
China holds more cards than USA
US Treasury securities (bonds)
US unipolarity is over
Multipolarity
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32:40
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Show notes
After Donald Trump imposed 145% tariffs on China, he was forced to issue exemptions for Chinese made cellphones, computers, semiconductors, and other electronics, because the deindustrialized US can't make them. Trump's huge trade war immediately failed, demonstrating that China is much stronger economically than the USA thinks. Ben Norton explains.
VIDEO: https://www.youtube.com/watch?v=w6t1oQ5G668
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