Geopolitical Economy Report
Geopolitical Economy Report
Ben Norton
Trump is losing the trade war with China - which he started
39 minutes Posted Oct 31, 2025 at 12:51 pm.
Trump's meeting with Xi Jinping
China successfully defends itself
China is a new "economic superpower"
This is a one-year "tactical detente"
Details of Trump-Xi agreement
Trump undoes "self-inflicted" damage
Scott Bessent claimed China had "losing hand"
China is less dependent on US economy
Analyzing US-China trade
USA is dependent on Chinese tech
China is a manufacturing superpower
China's domestic revenue vs exports
Bipartisan US trade war
One-year trade truce
US midterm elections coming up in 2026
Poll: Republicans (and Dems) are unpopular
Trump's low approval rating of 39%
US consumers pay for Trump's tariffs
Inflation and US economic problems
US manufacturing jobs decline
Soybean war: Trump's tariffs hurt farmers
China buys soybeans from Latin America
Trump's bailout of farmers
China's rare earth dominance
US industry needs China's rare earths
Chip war: US semiconductor restrictions
China develops domestic chip industry
China's new 5-year plan pushes tech
Made in China 2025 industrial policy
China leads in critical technologies
China's "technological self-reliance"
USA is losing trade war
Outro
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39:38
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Show notes
Donald Trump is losing the trade war on China, which he started. The agreement he made at the meeting with President Xi Jinping shows how the US is much more dependent on the Chinese economy than vice versa. Political economist Ben Norton explains how Trump's tariffs have hurt American workers, especially farmers, while China advances as a new technological and manufacturing superpower.
VIDEO: https://www.youtube.com/watch?v=MWrdxBODSUE
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