“China Blinked” - Trump's Tariff War Pressures Xi To CAVE As China's Economy TANKS

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4.8 • 1.7K Ratings

🗓️ 7 May 2025

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

In an NBC interview, Trump refuses to drop tariffs on China, claiming they're crippling its economy and boosting U.S. industry. The PBD Podcast dives into the trade war, suppressed Chinese data, and how tariffs could reshape the American auto and manufacturing landscape.

Transcript

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0:00.0	Yes, President Trump, in an NBC mid-the-press interview,
0:02.8	would host Kristen Welker, refused to drop tariffs to bring China to a trade talk,
0:07.2	stating, no, when asked if he would ever lower them,
0:10.4	and adding at some point, I'm going to lower them,
0:12.8	because otherwise you would never do business with them.
0:15.0	He claimed China's getting killed right now with their factories closing and unemployment,
0:19.6	going through the roof,
0:21.0	asserting his tariffs are devastating China's economy.
0:23.9	Trump defended his tariff strategy, arguing it benefits large industries.
0:28.4	Telling Walker, the car industry are going to make a fortune and citing
0:32.7	multibillion dollar investment from companies like Toyota, 100, General Motors,
0:37.0	Stalantis and Apple to build U.S.
0:39.5	plants. Is this the one, Rob, that we're talking about?
0:41.5	Yes, so it's separated in two clips.
0:43.6	The first clip is him talking about not lowering the tariffs.
0:46.5	The second one is him talking about the benefits on the auto industry.
0:49.2	Which one would you prefer?
0:50.5	Play both of them.
0:51.3	Okay.
0:51.6	Play both of them.
0:52.3	Here's the first one you're not dropping the tariffs
0:55.6	against china to get them to the negotiating table those tariffs are staying on why would i do
	...

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