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🧵 George Stephanopoulos EXPOSED – Economic Illiteracy or Willful Deception? George’s interview with The White House Economic Council Director Kevin Hassett shows what happens when a partisan activist pretends to be a journalist. Let’s break it down—with facts, figures, and TRUTH. 1 George’s Claim: “Tariffs are a tax on...

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Francois Leclerc

33,600 subscribers

123,170 Aufrufe • vor 1 Jahr •via X (Twitter)

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11 Kommentare

Profilbild von C-Reason🇺🇸
C-Reason🇺🇸vor 1 Jahr

@FirstAmend75255 @WhiteHouse Stephanopoulos is an idiot and has always been an idiot. He is only where he is because of Bill Clinton, which is shameful in and of itself. You did a fabulous breakdown Francois.

Profilbild von InterChurch News
InterChurch Newsvor 1 Jahr

@WhiteHouse When ABC hired the former Clinton White Communications Director, it's perceived political news neutrality switched to off position

Profilbild von PammsyNow
PammsyNowvor 1 Jahr

@WhiteHouse Facts Francois! 🙌🏻Georgie has never been about facts… only the smear against Trump! He’s a partisan hack who I recall was forced to apologize to Trump for defamation as well as ABC paid &15 million in that lawsuit!

Profilbild von Mammoth Nation
Mammoth Nationvor 1 Jahr

Scott Jennings leaves liberals STUNNED when he drops a nuclear bomb on the Biden "legacy."

Profilbild von Janie Johnson - America is Exceptional
Janie Johnson - America is Exceptionalvor 1 Jahr

@WhiteHouse This! Democrat Palace Guard!

Profilbild von Brother Wallace
Brother Wallacevor 1 Jahr

@WhiteHouse 👍👍👍

Profilbild von Robbie Mouton
Robbie Moutonvor 1 Jahr

@WhiteHouse Facts!

Profilbild von 🇺🇲NUKE🇮🇱
🇺🇲NUKE🇮🇱vor 1 Jahr

@WhiteHouse How is this guy still employed? Why do Trump guys go on this show?

Profilbild von BelannF
BelannFvor 1 Jahr

@WhiteHouse That's an easy question to answer - We know President Trump is on the side of the American people - All American people - Now he has to help rebuild the middle class and create good paying jobs - When manufacturing comes back, we will prosper like never before.

Profilbild von Dennis Rutherford
Dennis Rutherfordvor 1 Jahr

The MSM is openly arguing to spin the "approved" narrative and trying to speak fear porn. It is despicable and totally in character. Fortunately Trumps people are experts and answer with substance as to how wrong they are. Tariffs are a tax that the selling company pays. If they try to add that to the price of the goods, the consumer doesn't have to buy it and won't. They then lower the price to where it will sell. Or consumers buy it from and American company. Get it? No more free ride using slave labor for China. China needs America to buy their goods and they will set prices that people will be good with. Or they move the factories here and jobs are created.

Profilbild von born to be an american
born to be an americanvor 1 Jahr

@PURE_BL00D2 @WhiteHouse Georgie—small stature.. Smaller brain=economic illiterate

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Trump claims tariffs will make America rich again, but that’s not how it works. Tariffs aren’t paid by other countries—they’re paid by Americans. It’s not a tax on countries like China; it’s a tax on the stuff we buy. Here’s how it works: when the government puts a tariff on something, it raises the price of that product. The idea is to make imported goods more expensive so people buy American-made products instead. Sounds good, right? The problem is, most things we use in the U.S. are made overseas, and it would take years—or even decades—to make them here. And in some cases, it might never happen because it costs too much to produce those goods locally. For example, if something costs $50 and a tariff adds $5, the new price is $55. That extra cost comes out of your pocket. This can cause inflation, making everything more expensive, and people either stop buying or have to spend more because there are no cheaper options. So, who gets the money from tariffs? The U.S. government collects it, but it’s not paid by China or any other country. It’s paid by you—the American consumer. The U.S. can’t tax other countries directly, so the burden falls on taxpayers here. Tariffs can work if the product being taxed is already made in the U.S. For example, if China floods the market with super-cheap goods that hurt local manufacturers, tariffs can make those imports more expensive, giving American businesses a chance to compete. But slapping tariffs on goods we don’t make here—or won’t make for years—just makes things more expensive for everyone. That’s why no president has wanted to be known as a "tariff president." They knew tariffs are really just taxes on Americans and can backfire politically. If tariffs drive up prices and hurt voters’ wallets, it could mean big trouble in the next election. Republicans might certainly lose in 2026.
1:57

Trump claims tariffs will make America rich again, but that’s not how it works. Tariffs aren’t paid by other countries—they’re paid by Americans. It’s not a tax on countries like China; it’s a tax on the stuff we buy. Here’s how it works: when the government puts a tariff on something, it raises the price of that product. The idea is to make imported goods more expensive so people buy American-made products instead. Sounds good, right? The problem is, most things we use in the U.S. are made overseas, and it would take years—or even decades—to make them here. And in some cases, it might never happen because it costs too much to produce those goods locally. For example, if something costs $50 and a tariff adds $5, the new price is $55. That extra cost comes out of your pocket. This can cause inflation, making everything more expensive, and people either stop buying or have to spend more because there are no cheaper options. So, who gets the money from tariffs? The U.S. government collects it, but it’s not paid by China or any other country. It’s paid by you—the American consumer. The U.S. can’t tax other countries directly, so the burden falls on taxpayers here. Tariffs can work if the product being taxed is already made in the U.S. For example, if China floods the market with super-cheap goods that hurt local manufacturers, tariffs can make those imports more expensive, giving American businesses a chance to compete. But slapping tariffs on goods we don’t make here—or won’t make for years—just makes things more expensive for everyone. That’s why no president has wanted to be known as a "tariff president." They knew tariffs are really just taxes on Americans and can backfire politically. If tariffs drive up prices and hurt voters’ wallets, it could mean big trouble in the next election. Republicans might certainly lose in 2026.

Simon Ateba

50,090 Aufrufe • vor 1 Jahr

I JUST BROKE DOWN THE REAL NUMBERS ON TRUMP'S TARIFFS Everyone expected tariffs to reduce the current account deficit and restore US jobs. But the numbers tell a different story. China just posted a $1.2 trillion trade surplus in 2025. The biggest in history. Up 20% from 2024. And this happened DURING Trump's "maximum pressure" tariff campaign. Let's dive deeper: Early 2025: Tariffs on China escalated as high as 145%. Late 2025: A deal brought them down to the high-40s/low-50s range. January 2026: Trump threatens 25% tariffs on ANY country doing business with Iran. Iran's biggest trading partner? China. But here's the part nobody's talking about: The Tax Policy Center estimates the average tariff rate on ALL US imports is now 17%. The Budget Lab at Yale estimates these tariffs raised consumer prices by 1.2% - roughly $1,700 per household. In 2025, businesses absorbed most of these costs. But in 2026, they're passing them to consumers. The jobs data is worse: After the April 2025 tariff announcement, factory employment FELL by 68,000 jobs. The Federal Reserve found that tariff exposure in 2018-2019 reduced manufacturing employment by 1.4%. A small +0.3% protection effect was offset by -1.1% from higher input costs and -0.7% from retaliation. Even in optimistic scenarios, tariffs create very few jobs once you account for higher input costs destroying downstream employment and retaliation from trading partners. Trump's theory was that tariffs would force manufacturing back to the US. The reality: Companies just moved production to Vietnam, Mexico, and Malaysia. Supply chains didn't come home. They found cheaper routes around the tariffs. And China? Exports to the US fell 20%, but grew everywhere else. Africa: +26% Southeast Asia: +13% EU: +8% China maintained 14% of global exports. 4x more than India and Vietnam combined. Trump didn't destroy China's export machine. He redirected where it sells. Here's the fiscal reality: Trump claims tariffs will eliminate the deficit and eventually replace income taxes. Even in an optimistic scenario, tariffs will raise about $400 billion. The budget deficit last year? Over $2 trillion. Income tax revenue? Over $2 trillion. The math doesn't work. It's not even close. Now the legal problem: The Supreme Court is weighing whether Trump's tariffs were even legal under the 1977 International Emergency Economic Powers Act. Congressional researchers say importers paid roughly $129 billion in estimated duty deposits for IEEPA tariffs as of December 10, 2025. If the Court rules against Trump, that money potentially gets refunded. The entire tariff structure collapses. And nobody knows what happens next. Costco and major retailers have already filed lawsuits. Meanwhile, the EU is negotiating with China on "minimum price undertakings" to replace tariffs. Canada is considering dropping their 100% tariff on Chinese EVs. So Trump's pressure is pushing allies CLOSER to China, not away. These tariff policies are accelerating the transition to a tripolar world - US, China, and a European bloc increasingly willing to play both sides. Here's the ONE thing you have to understand: Markets can price risk. They cannot price uncertainty. Right now markets are complacent. The VIX is subdued. Credit spreads are tight. But if the Supreme Court rules against the tariffs, uncertainty escalates dramatically. No one knows what happens to the $195 billion already collected. No one knows if companies get refunds. No one knows what Trump's next move is if he loses this authority. Markets do not handle institutional uncertainty well. So are Trump's tariffs working? If working means reducing the deficit and creating US jobs, the answer is no. Tariffs can help a narrow slice of producers and raise revenue. But evidence shows they raise consumer prices and, on net, reduce manufacturing employment once you include input costs and retaliation. The next weeks will be crucial.
1:18

I JUST BROKE DOWN THE REAL NUMBERS ON TRUMP'S TARIFFS Everyone expected tariffs to reduce the current account deficit and restore US jobs. But the numbers tell a different story. China just posted a $1.2 trillion trade surplus in 2025. The biggest in history. Up 20% from 2024. And this happened DURING Trump's "maximum pressure" tariff campaign. Let's dive deeper: Early 2025: Tariffs on China escalated as high as 145%. Late 2025: A deal brought them down to the high-40s/low-50s range. January 2026: Trump threatens 25% tariffs on ANY country doing business with Iran. Iran's biggest trading partner? China. But here's the part nobody's talking about: The Tax Policy Center estimates the average tariff rate on ALL US imports is now 17%. The Budget Lab at Yale estimates these tariffs raised consumer prices by 1.2% - roughly $1,700 per household. In 2025, businesses absorbed most of these costs. But in 2026, they're passing them to consumers. The jobs data is worse: After the April 2025 tariff announcement, factory employment FELL by 68,000 jobs. The Federal Reserve found that tariff exposure in 2018-2019 reduced manufacturing employment by 1.4%. A small +0.3% protection effect was offset by -1.1% from higher input costs and -0.7% from retaliation. Even in optimistic scenarios, tariffs create very few jobs once you account for higher input costs destroying downstream employment and retaliation from trading partners. Trump's theory was that tariffs would force manufacturing back to the US. The reality: Companies just moved production to Vietnam, Mexico, and Malaysia. Supply chains didn't come home. They found cheaper routes around the tariffs. And China? Exports to the US fell 20%, but grew everywhere else. Africa: +26% Southeast Asia: +13% EU: +8% China maintained 14% of global exports. 4x more than India and Vietnam combined. Trump didn't destroy China's export machine. He redirected where it sells. Here's the fiscal reality: Trump claims tariffs will eliminate the deficit and eventually replace income taxes. Even in an optimistic scenario, tariffs will raise about $400 billion. The budget deficit last year? Over $2 trillion. Income tax revenue? Over $2 trillion. The math doesn't work. It's not even close. Now the legal problem: The Supreme Court is weighing whether Trump's tariffs were even legal under the 1977 International Emergency Economic Powers Act. Congressional researchers say importers paid roughly $129 billion in estimated duty deposits for IEEPA tariffs as of December 10, 2025. If the Court rules against Trump, that money potentially gets refunded. The entire tariff structure collapses. And nobody knows what happens next. Costco and major retailers have already filed lawsuits. Meanwhile, the EU is negotiating with China on "minimum price undertakings" to replace tariffs. Canada is considering dropping their 100% tariff on Chinese EVs. So Trump's pressure is pushing allies CLOSER to China, not away. These tariff policies are accelerating the transition to a tripolar world - US, China, and a European bloc increasingly willing to play both sides. Here's the ONE thing you have to understand: Markets can price risk. They cannot price uncertainty. Right now markets are complacent. The VIX is subdued. Credit spreads are tight. But if the Supreme Court rules against the tariffs, uncertainty escalates dramatically. No one knows what happens to the $195 billion already collected. No one knows if companies get refunds. No one knows what Trump's next move is if he loses this authority. Markets do not handle institutional uncertainty well. So are Trump's tariffs working? If working means reducing the deficit and creating US jobs, the answer is no. Tariffs can help a narrow slice of producers and raise revenue. But evidence shows they raise consumer prices and, on net, reduce manufacturing employment once you include input costs and retaliation. The next weeks will be crucial.

George Noble

90,704 Aufrufe • vor 8 Monaten

🚨 In an interview with Fox Business, President Donald Trump recounted his tough negotiating approach with Switzerland on trade issues: "Switzerland was paying almost zero tariffs on their exports to the United States, and we had a massive trade deficit of $42 billion with them. So I hit them with 30% tariffs. Then I received an emergency call from the President of Switzerland (Karin Keller-Sutter). I didn’t like her tone at all — she was very aggressive and demanding. Instead of lowering the tariffs as I had been considering, I immediately raised them to 39%." Trump added that he felt the original 30% was still too low, especially given the size of the ongoing trade deficit. ### The Final Outcome of This Strategy: After months of pressure and negotiations, the United States and Switzerland reached a historic framework agreement in November 2025. Under the deal, the U.S. reduced tariffs on most Swiss goods to 15% (matching the level applied to the European Union). In return, major Swiss companies (such as Novartis, Roche, ABB, and others) committed to investing up to $200 billion in the United States by 2028 — including $67 billion in 2026 alone. This is expected to create thousands of American jobs and help reduce the trade deficit. This story perfectly illustrates Trump’s “Reciprocal Trade” policy: using tariffs as a powerful leverage tool to secure better deals for America, even if it involves strong personal reactions during negotiations. What do you think about President Trump's bold tariff strategy with Switzerland? Do you see this as smart, results-driven negotiation that puts America first, or do you worry it risks escalating trade tensions? Would you like Trump to apply this same reciprocal trade approach with other countries running large deficits with the U.S.?"
2:01

🚨 In an interview with Fox Business, President Donald Trump recounted his tough negotiating approach with Switzerland on trade issues: "Switzerland was paying almost zero tariffs on their exports to the United States, and we had a massive trade deficit of $42 billion with them. So I hit them with 30% tariffs. Then I received an emergency call from the President of Switzerland (Karin Keller-Sutter). I didn’t like her tone at all — she was very aggressive and demanding. Instead of lowering the tariffs as I had been considering, I immediately raised them to 39%." Trump added that he felt the original 30% was still too low, especially given the size of the ongoing trade deficit. ### The Final Outcome of This Strategy: After months of pressure and negotiations, the United States and Switzerland reached a historic framework agreement in November 2025. Under the deal, the U.S. reduced tariffs on most Swiss goods to 15% (matching the level applied to the European Union). In return, major Swiss companies (such as Novartis, Roche, ABB, and others) committed to investing up to $200 billion in the United States by 2028 — including $67 billion in 2026 alone. This is expected to create thousands of American jobs and help reduce the trade deficit. This story perfectly illustrates Trump’s “Reciprocal Trade” policy: using tariffs as a powerful leverage tool to secure better deals for America, even if it involves strong personal reactions during negotiations. What do you think about President Trump's bold tariff strategy with Switzerland? Do you see this as smart, results-driven negotiation that puts America first, or do you worry it risks escalating trade tensions? Would you like Trump to apply this same reciprocal trade approach with other countries running large deficits with the U.S.?"

Stand Up For Trump

21,465 Aufrufe • vor 5 Monaten

BREAKING: Trump Trade advisor, Peter Navarro, ridiculously claims that Auto tariffs will raise $100 billion and other tariffs will raise $600 billion a year. This is such a gaslighting attempt to mislead. No, they will NOT raise this much money. Not even close In 2024, the U.S. brought in about 8 million cars from other countries, worth around $200 billion. If we taxed those cars at 25%, and that does not cause imports to fall (which it would), that would only bring in $50 billion, not $100 billion. And even if we did raise the tariff that high, it might backfire. When things get more expensive, people usually buy less. So if imported cars get too pricey, people might stop buying them—and that means we’d collect less in taxes, not more. An his other ridiculous claim that tariffs on all imports would bring in $600 billion, again, that doesn’t hold up. In 2024, the U.S. imported about $3.1 trillion worth of stuff from other countries. To get $600 billion in tariff revenue, we’d need to tax everything we import at an average rate of 20%—and pretend that people would keep buying the same amount of imported goods, even at higher prices. That’s just not realistic. To give you some context, during Trump’s first term, he put tariffs on about $300 billion of Chinese goods. Those tariffs were as high as 25%, but over several years they only brought in about $70 billion total—not per year. That’s because when you raise prices, businesses and consumers often change their behavior. They might buy from somewhere else, or not buy at all. So the actual money the government collects is a lot lower than it looks on paper. So, bottom line: the numbers Navarro and others are throwing around sound impressive, but they don’t really match how the economy works in real life.
1:36

BREAKING: Trump Trade advisor, Peter Navarro, ridiculously claims that Auto tariffs will raise $100 billion and other tariffs will raise $600 billion a year. This is such a gaslighting attempt to mislead. No, they will NOT raise this much money. Not even close In 2024, the U.S. brought in about 8 million cars from other countries, worth around $200 billion. If we taxed those cars at 25%, and that does not cause imports to fall (which it would), that would only bring in $50 billion, not $100 billion. And even if we did raise the tariff that high, it might backfire. When things get more expensive, people usually buy less. So if imported cars get too pricey, people might stop buying them—and that means we’d collect less in taxes, not more. An his other ridiculous claim that tariffs on all imports would bring in $600 billion, again, that doesn’t hold up. In 2024, the U.S. imported about $3.1 trillion worth of stuff from other countries. To get $600 billion in tariff revenue, we’d need to tax everything we import at an average rate of 20%—and pretend that people would keep buying the same amount of imported goods, even at higher prices. That’s just not realistic. To give you some context, during Trump’s first term, he put tariffs on about $300 billion of Chinese goods. Those tariffs were as high as 25%, but over several years they only brought in about $70 billion total—not per year. That’s because when you raise prices, businesses and consumers often change their behavior. They might buy from somewhere else, or not buy at all. So the actual money the government collects is a lot lower than it looks on paper. So, bottom line: the numbers Navarro and others are throwing around sound impressive, but they don’t really match how the economy works in real life.

Ed Krassenstein

834,574 Aufrufe • vor 1 Jahr

Why are Democrats in Congress aligning with CCP? Our $295 billion trade deficit shows U.S. manufacturers can't sell goods in China, yet Chinese products flood our markets. For decades, Congress has let China dominate us, allowing spy balloons and Chinese illegals into our country with no response from Biden. Now, China threatens 125% tariffs because Trump aims to level the trade imbalance. Americans must question why Congress, especially Democrats, prioritizes China over U.S. workers and manufacturers. We need leaders like Trump who fight for America! Here’s my take: For years, China hooked us on cheap goods while quietly buying up American farmland, embedding themselves in our economy. Their plan was clever: addict us to their products and secure their grip. They dismiss our leaders’ empty promises because they knew politicians like Schumer, Pelosi, Obama, and Biden would talk tough on trade imbalances but NEVER act. Now, as President Trump demands fair trade because he’s the ONLY one fighting for our interests, China spin the narrative to turn America against Trump. Trump’s tariffs expose their game, and they’re desperate. The truth? Change hurts, but Dependency kills. Breaking free means enduring short-term pain to rebuild manufacturing, create jobs, and restore our economic strength. Feeling anxiety, anger and fear is NOT weakness, it’s awakening. Freedom isn’t free, and China’s hidden costs are steep. This storm is our chance to forge the America we’re meant to be: independent, resilient, and thriving. Let’s bring it home🇺🇸🇺🇸🇺🇸
3:40

Why are Democrats in Congress aligning with CCP? Our $295 billion trade deficit shows U.S. manufacturers can't sell goods in China, yet Chinese products flood our markets. For decades, Congress has let China dominate us, allowing spy balloons and Chinese illegals into our country with no response from Biden. Now, China threatens 125% tariffs because Trump aims to level the trade imbalance. Americans must question why Congress, especially Democrats, prioritizes China over U.S. workers and manufacturers. We need leaders like Trump who fight for America! Here’s my take: For years, China hooked us on cheap goods while quietly buying up American farmland, embedding themselves in our economy. Their plan was clever: addict us to their products and secure their grip. They dismiss our leaders’ empty promises because they knew politicians like Schumer, Pelosi, Obama, and Biden would talk tough on trade imbalances but NEVER act. Now, as President Trump demands fair trade because he’s the ONLY one fighting for our interests, China spin the narrative to turn America against Trump. Trump’s tariffs expose their game, and they’re desperate. The truth? Change hurts, but Dependency kills. Breaking free means enduring short-term pain to rebuild manufacturing, create jobs, and restore our economic strength. Feeling anxiety, anger and fear is NOT weakness, it’s awakening. Freedom isn’t free, and China’s hidden costs are steep. This storm is our chance to forge the America we’re meant to be: independent, resilient, and thriving. Let’s bring it home🇺🇸🇺🇸🇺🇸

ꪻꫝể ꪻꫝể

34,355 Aufrufe • vor 1 Jahr

Barry Sternlicht recently gave a VERY insightful interview about tariffs and what it means for real estate prices - what he said is troubling: "The promotion of American manufacturing is a great idea, but we are not a manufacturing nation... We only have 13 million jobs of 160 million in manufacturing, and we're running a 4% unemployment rate. So I'm not sure who's going to work in all these factories. We're going to need some really quick efforts from Musk and Zuckerberg in robotics to actually build, have people work in these factories. Americans don't want to do that. That's not the jobs that they're interested in taking today... I think the tariffs are super complicated... I do think the focus should be on China. We run a $250 billion trade deficit with China... China is [the] second largest economy in the world with a fixed currency. And that alone is not right. That currency should go up and down with trade flows like every other major currency. So you start there. And I don't think the tariffs are tactical. And the if you put them in place, as [Trump] just did with steel tariffs, American companies will raise prices. So it is very inflationary. And for real estate, it's really bad. [For example] we need [Canada's] lumber. Or we can chop down our own trees but it's a bad thing. We run an equal trade deficit with Canada other than oil but we use their oil... if we don't buy it, they're going to ship it to Asia. For existing owners [of real estate], it's good because to build a new building will be more expensive. So the existing office stock, the existing apartment stock is going to be worth more. But it's bad because the numbers won't work to create new [buildings]. You won't be able to build anything. We already have a four to five million unit housing shortage... And you're seeing it in the sentiment of the builders that they're nervous. Everyone's a little nervous."
2:15

Barry Sternlicht recently gave a VERY insightful interview about tariffs and what it means for real estate prices - what he said is troubling: "The promotion of American manufacturing is a great idea, but we are not a manufacturing nation... We only have 13 million jobs of 160 million in manufacturing, and we're running a 4% unemployment rate. So I'm not sure who's going to work in all these factories. We're going to need some really quick efforts from Musk and Zuckerberg in robotics to actually build, have people work in these factories. Americans don't want to do that. That's not the jobs that they're interested in taking today... I think the tariffs are super complicated... I do think the focus should be on China. We run a $250 billion trade deficit with China... China is [the] second largest economy in the world with a fixed currency. And that alone is not right. That currency should go up and down with trade flows like every other major currency. So you start there. And I don't think the tariffs are tactical. And the if you put them in place, as [Trump] just did with steel tariffs, American companies will raise prices. So it is very inflationary. And for real estate, it's really bad. [For example] we need [Canada's] lumber. Or we can chop down our own trees but it's a bad thing. We run an equal trade deficit with Canada other than oil but we use their oil... if we don't buy it, they're going to ship it to Asia. For existing owners [of real estate], it's good because to build a new building will be more expensive. So the existing office stock, the existing apartment stock is going to be worth more. But it's bad because the numbers won't work to create new [buildings]. You won't be able to build anything. We already have a four to five million unit housing shortage... And you're seeing it in the sentiment of the builders that they're nervous. Everyone's a little nervous."

Triple Net Investor

177,868 Aufrufe • vor 1 Jahr

The Setup: A Secret Pact with China In the shadows of global power, Donald Trump and Chinese leadership have forged a secret alliance. The 34% tariffs China imposed on the U.S. aren’t retaliation—they’re a staged act in a geopolitical drama. Trump and China are partners, targeting the real enemy: the European/UK financial elites, known as the “deep state globalists.” These elites control institutions like the Bank of England and the European Central Bank, manipulating global markets to siphon wealth from the U.S. through trade agreements and financial schemes, keeping America economically subservient while they hoard riches offshore. Trump, aware of this since his first term via classified briefings, knew a direct attack on these elites would fail—they’re too entrenched, shielded by political puppets in London and Brussels. So, he devised a plan: use China as a proxy to create chaos in global markets, forcing the deep state to reveal their weaknesses in a high-stakes economic game. The Chess Game: Tariffs as a Market Trap The 34% tariffs from China, paired with Trump’s threat of 50% tariffs, are designed to disrupt the global economy. Trump knows the European/UK elites have billions invested in U.S. and Chinese markets. By staging this tariff escalation, he forces them to react—moving money, adjusting portfolios, and exposing their strategies. It’s a chess game, with Trump three moves ahead. Step 1: Create Panic. The tariff threats spark market volatility. U.S.-China trade stocks—like tech and manufacturing—plummet. The elites, fearing losses, shift assets to “safe” havens: gold, cryptocurrencies, or markets they control. Step 2: Track the Moves. Trump, with U.S. intelligence loyalists, monitors every financial move, logging transactions and offshore transfers. The elites think they’re outsmarting the chaos, but they’re walking into a trap. Step 3: Strike When Vulnerable. Once the elites overcommit, Trump and China “resolve” the trade war on April 9th, 2025, with a surprise deal. Markets rebound, but the elites, having bet against the market, face massive losses. Trump’s allies in the U.S. and China buy up devalued assets—companies, real estate, and more—at a fraction of their worth. The Endgame: Dismantling the Deep State With the elites weakened, Trump dismantles their power. The “other countries” he mentions—Russia, India, Saudi Arabia—share grudges against the Western financial system. Trump forges new trade alliances, bypassing the European/UK-centric order. The deep state loses control of the IMF and World Bank, which Trump reforms into America-first systems, rewriting global finance rules. The Secret Alliance with China: A Double Bluff The twist: China isn’t the enemy—it’s Trump’s partner. They’ve allied to take down the European/UK deep state. China gains new markets and a weaker Western system, while Trump breaks globalist control, fulfilling his “Make America Great Again” vision. The tariff war is a distraction, hiding the real plan. Why the Deep State Falls for It The European/UK elites underestimate Trump, seeing him as impulsive, not strategic. They believe the tariff war is real, reacting predictably and exposing their vulnerabilities. Trump’s rhetoric about China’s “abuses” is theater, keeping the public and media distracted while the real game unfolds. The Wildest Twist: A New World Order With the deep state’s empire in ruins, Trump and China reshape global trade, dominating as partners. The European/UK elites are sidelined, their influence shattered. Trump’s “negotiations with other countries” form a new economic bloc, excluding London and Brussels. The deep state scrambles to survive, while Trump cements his legacy as the man who toppled the world’s invisible rulers—under the guise of a trade war.
0:54

The Setup: A Secret Pact with China In the shadows of global power, Donald Trump and Chinese leadership have forged a secret alliance. The 34% tariffs China imposed on the U.S. aren’t retaliation—they’re a staged act in a geopolitical drama. Trump and China are partners, targeting the real enemy: the European/UK financial elites, known as the “deep state globalists.” These elites control institutions like the Bank of England and the European Central Bank, manipulating global markets to siphon wealth from the U.S. through trade agreements and financial schemes, keeping America economically subservient while they hoard riches offshore. Trump, aware of this since his first term via classified briefings, knew a direct attack on these elites would fail—they’re too entrenched, shielded by political puppets in London and Brussels. So, he devised a plan: use China as a proxy to create chaos in global markets, forcing the deep state to reveal their weaknesses in a high-stakes economic game. The Chess Game: Tariffs as a Market Trap The 34% tariffs from China, paired with Trump’s threat of 50% tariffs, are designed to disrupt the global economy. Trump knows the European/UK elites have billions invested in U.S. and Chinese markets. By staging this tariff escalation, he forces them to react—moving money, adjusting portfolios, and exposing their strategies. It’s a chess game, with Trump three moves ahead. Step 1: Create Panic. The tariff threats spark market volatility. U.S.-China trade stocks—like tech and manufacturing—plummet. The elites, fearing losses, shift assets to “safe” havens: gold, cryptocurrencies, or markets they control. Step 2: Track the Moves. Trump, with U.S. intelligence loyalists, monitors every financial move, logging transactions and offshore transfers. The elites think they’re outsmarting the chaos, but they’re walking into a trap. Step 3: Strike When Vulnerable. Once the elites overcommit, Trump and China “resolve” the trade war on April 9th, 2025, with a surprise deal. Markets rebound, but the elites, having bet against the market, face massive losses. Trump’s allies in the U.S. and China buy up devalued assets—companies, real estate, and more—at a fraction of their worth. The Endgame: Dismantling the Deep State With the elites weakened, Trump dismantles their power. The “other countries” he mentions—Russia, India, Saudi Arabia—share grudges against the Western financial system. Trump forges new trade alliances, bypassing the European/UK-centric order. The deep state loses control of the IMF and World Bank, which Trump reforms into America-first systems, rewriting global finance rules. The Secret Alliance with China: A Double Bluff The twist: China isn’t the enemy—it’s Trump’s partner. They’ve allied to take down the European/UK deep state. China gains new markets and a weaker Western system, while Trump breaks globalist control, fulfilling his “Make America Great Again” vision. The tariff war is a distraction, hiding the real plan. Why the Deep State Falls for It The European/UK elites underestimate Trump, seeing him as impulsive, not strategic. They believe the tariff war is real, reacting predictably and exposing their vulnerabilities. Trump’s rhetoric about China’s “abuses” is theater, keeping the public and media distracted while the real game unfolds. The Wildest Twist: A New World Order With the deep state’s empire in ruins, Trump and China reshape global trade, dominating as partners. The European/UK elites are sidelined, their influence shattered. Trump’s “negotiations with other countries” form a new economic bloc, excluding London and Brussels. The deep state scrambles to survive, while Trump cements his legacy as the man who toppled the world’s invisible rulers—under the guise of a trade war.

IWNH

352,348 Aufrufe • vor 1 Jahr

One year ago today, President Trump won a historic election victory and secured a mandate to Make America Great Again. Never before have we had a President who has kept their promises to the American people like President Trump. In less than 10 short months in office, President Trump has: ✅Signed the largest middle-class tax cuts in history into law with No Tax on Tips, No Tax on Overtime, and No Tax on Social Security. ✅Ended Joe Biden’s southern border invasion, made our border the most secure in history, and is currently carrying out the largest mass deportation campaign of illegal alien criminals ever. ✅Taken on drug cartels by declaring them as foreign terrorist organizations and blown up narco-terrorists who have tried to poison our people. ✅Defeated the Biden inflation crisis. ✅Implemented a pro-growth America First economic agenda that's leading to real private sector wages on track to rise by almost $1,500 since President Trump took office. ✅Unleashed energy dominance with gas prices now plummeting to their lowest average levels in more than four years. ✅Implemented powerful tariffs to rebalance America’s trade deals, protect American workers, and return our country to be a manufacturing superpower once again. ✅Secured trillions of dollars in private and foreign investments into the United States to create high-paying jobs for the greatest workforce in the world. ✅Restored America’s place as the leader of the free world through his unwavering Peace through Strength foreign policy approach that’s already ended eight wars. ✅Ended illegal DEI initiatives in our federal government and military to bring back merit and common sense. ✅Protected opportunities for women and girls to compete safely and fairly by keeping men out of women’s sports. Americans have a President in President Trump who works tirelessly, 24/7 to improve their lives and make our country better than it has ever been before, and he’s just getting started. 🇺🇸🇺🇸🇺🇸
3:04

One year ago today, President Trump won a historic election victory and secured a mandate to Make America Great Again. Never before have we had a President who has kept their promises to the American people like President Trump. In less than 10 short months in office, President Trump has: ✅Signed the largest middle-class tax cuts in history into law with No Tax on Tips, No Tax on Overtime, and No Tax on Social Security. ✅Ended Joe Biden’s southern border invasion, made our border the most secure in history, and is currently carrying out the largest mass deportation campaign of illegal alien criminals ever. ✅Taken on drug cartels by declaring them as foreign terrorist organizations and blown up narco-terrorists who have tried to poison our people. ✅Defeated the Biden inflation crisis. ✅Implemented a pro-growth America First economic agenda that's leading to real private sector wages on track to rise by almost $1,500 since President Trump took office. ✅Unleashed energy dominance with gas prices now plummeting to their lowest average levels in more than four years. ✅Implemented powerful tariffs to rebalance America’s trade deals, protect American workers, and return our country to be a manufacturing superpower once again. ✅Secured trillions of dollars in private and foreign investments into the United States to create high-paying jobs for the greatest workforce in the world. ✅Restored America’s place as the leader of the free world through his unwavering Peace through Strength foreign policy approach that’s already ended eight wars. ✅Ended illegal DEI initiatives in our federal government and military to bring back merit and common sense. ✅Protected opportunities for women and girls to compete safely and fairly by keeping men out of women’s sports. Americans have a President in President Trump who works tirelessly, 24/7 to improve their lives and make our country better than it has ever been before, and he’s just getting started. 🇺🇸🇺🇸🇺🇸

White House Press Office

726,061 Aufrufe • vor 10 Monaten

This is absolutely fascinating: Jason Furman, one of the foremost economists in the U.S. and former chair of the Council of Economic Advisers, explains why the so-called "China shock" is a myth. According to him, "85 to 95% of Americans benefited" from trade with China, and "China has been part of helping [the US economy] work, not hurting it work." In other words, the narrative that China "stole" American jobs and wages is the exact opposite of reality. Furman's logic is pretty ironclad: 1) He points out, which is factual, that "the slowdown of wage growth and the rise of inequality began in the 1970s, when there basically was no trade with China." It then accelerated in the 1980s-90s when China trade was small, and **slowed down** after 2000. And "since about 2013," when trade with China was at its highest, "we've had pretty fast real wage growth," with "the fastest real wage growth for moderate income households." In other words, the timing doesn't fit: if China was the cause, the problem should have gotten worse as trade with China increased. Instead, it got better. 2) A common narrative one hears about China is "who cares about affordable goods, we need well-paying jobs." But Furman points out it's actually one and the same thing: "the way we measure jobs is how much your wages can buy. If you improve purchasing power, you are making every single job in the economy better." In very concrete terms, if salaries stay flat but Chinese imports make goods 10% cheaper, your purchasing power just went up 10%, as if you got a 10% wage hike. This makes every single job in the economy better. In effect "jobs vs. cheap goods" is a false dichotomy: cheap goods ARE better jobs. 3) Furman also points out, rightly, that the majority of what U.S. imports from China isn't consumer goods: "more than half of what we import is actually inputs into the manufacturing process itself." In other words, Chinese imports make U.S. manufacturing MORE competitive as it decreases their input costs. If you were to cut all Chinese imports, you'd cripple U.S. manufacturing as it would no longer be able to compete on price with anyone. And, as per point 2 above, you'd also destroy Americans' purchasing power, making every single U.S. worker worse off. 4) Last but not least, Furman says that the "China shock" literature is fundamentally flawed, as it "doesn't answer the most important question, which is what the net effect was." It "doesn't consider other causes for the job losses, doesn't look at all the places that gained jobs and wages, and doesn't integrate the consumer side." All in all, he believes that if one were to actually calculate the net effect of trade with China on the U.S. economy, it'd show that "85 to 95% of Americans benefited." And even for the 5-15% who lost out, Furman says these people were failed by "our labor policies, our social safety net" - not by China. What Furman is saying is more relevant than ever because, both in the U.S. and in Europe, this notion that China is somehow "stealing" Western jobs and prosperity has become the unquestioned premise of so many of today's policies. Nobody even debates it anymore, it's almost universally assumed correct. In my own country France, Macron keeps repeating it all the time, leading the charge in Europe to slap tariffs on Chinese imports, warning that China is "killing its own customers" and that it's a question of life or death for European industry ( He literally called last week for the EU to build its own version of America's Section 301 - the same protectionist tool Trump uses ( BUT, if Furman is right, and the data strongly suggests he is, France and Europe are about to inflict economic self-harm in the name of a problem that doesn't exist. Much more affordable cars, for instance, would literally give every single European a big wage hike. It's Furman's argument on "85 to 95% benefiting" vs 5% to 15% losing out: the vast majority of Europeans would see their money go further, while a small number of jobs in legacy automakers would be disrupted. Instead of helping those workers transition, Europe wants to prevent making everyone better off. Anyhow, please do watch the whole podcast, which has many other fascinating insights because Furman also debates with Justin Yifu Lin, the former Chief Economist of the World Bank and State Council Counsellor of China. They're both interviewed by my friend Hansong Li - also a professor and an immensely smart man - in his excellent new podcast "worldviews" (imho one of the best new podcasts our there). The video is here:
3:29

This is absolutely fascinating: Jason Furman, one of the foremost economists in the U.S. and former chair of the Council of Economic Advisers, explains why the so-called "China shock" is a myth. According to him, "85 to 95% of Americans benefited" from trade with China, and "China has been part of helping [the US economy] work, not hurting it work." In other words, the narrative that China "stole" American jobs and wages is the exact opposite of reality. Furman's logic is pretty ironclad: 1) He points out, which is factual, that "the slowdown of wage growth and the rise of inequality began in the 1970s, when there basically was no trade with China." It then accelerated in the 1980s-90s when China trade was small, and **slowed down** after 2000. And "since about 2013," when trade with China was at its highest, "we've had pretty fast real wage growth," with "the fastest real wage growth for moderate income households." In other words, the timing doesn't fit: if China was the cause, the problem should have gotten worse as trade with China increased. Instead, it got better. 2) A common narrative one hears about China is "who cares about affordable goods, we need well-paying jobs." But Furman points out it's actually one and the same thing: "the way we measure jobs is how much your wages can buy. If you improve purchasing power, you are making every single job in the economy better." In very concrete terms, if salaries stay flat but Chinese imports make goods 10% cheaper, your purchasing power just went up 10%, as if you got a 10% wage hike. This makes every single job in the economy better. In effect "jobs vs. cheap goods" is a false dichotomy: cheap goods ARE better jobs. 3) Furman also points out, rightly, that the majority of what U.S. imports from China isn't consumer goods: "more than half of what we import is actually inputs into the manufacturing process itself." In other words, Chinese imports make U.S. manufacturing MORE competitive as it decreases their input costs. If you were to cut all Chinese imports, you'd cripple U.S. manufacturing as it would no longer be able to compete on price with anyone. And, as per point 2 above, you'd also destroy Americans' purchasing power, making every single U.S. worker worse off. 4) Last but not least, Furman says that the "China shock" literature is fundamentally flawed, as it "doesn't answer the most important question, which is what the net effect was." It "doesn't consider other causes for the job losses, doesn't look at all the places that gained jobs and wages, and doesn't integrate the consumer side." All in all, he believes that if one were to actually calculate the net effect of trade with China on the U.S. economy, it'd show that "85 to 95% of Americans benefited." And even for the 5-15% who lost out, Furman says these people were failed by "our labor policies, our social safety net" - not by China. What Furman is saying is more relevant than ever because, both in the U.S. and in Europe, this notion that China is somehow "stealing" Western jobs and prosperity has become the unquestioned premise of so many of today's policies. Nobody even debates it anymore, it's almost universally assumed correct. In my own country France, Macron keeps repeating it all the time, leading the charge in Europe to slap tariffs on Chinese imports, warning that China is "killing its own customers" and that it's a question of life or death for European industry ( He literally called last week for the EU to build its own version of America's Section 301 - the same protectionist tool Trump uses ( BUT, if Furman is right, and the data strongly suggests he is, France and Europe are about to inflict economic self-harm in the name of a problem that doesn't exist. Much more affordable cars, for instance, would literally give every single European a big wage hike. It's Furman's argument on "85 to 95% benefiting" vs 5% to 15% losing out: the vast majority of Europeans would see their money go further, while a small number of jobs in legacy automakers would be disrupted. Instead of helping those workers transition, Europe wants to prevent making everyone better off. Anyhow, please do watch the whole podcast, which has many other fascinating insights because Furman also debates with Justin Yifu Lin, the former Chief Economist of the World Bank and State Council Counsellor of China. They're both interviewed by my friend Hansong Li - also a professor and an immensely smart man - in his excellent new podcast "worldviews" (imho one of the best new podcasts our there). The video is here:

Arnaud Bertrand

161,115 Aufrufe • vor 3 Monaten