Donald Caves in China Trade War
The Mary Trump Podcast
Mary Trump Media
4.9 • 844 Ratings
🗓️ 12 May 2025
⏱️ 15 minutes
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| 0:00.0 | After wrecking the economy and pushing American workers to the brink, Donald did what he does best. |
| 0:07.2 | He caved. Yes, indeed. He caved to China after pretending for weeks that he was a tough guy. |
| 0:14.9 | And then, because he's him, he called it a win. For weeks, he's been trying to project strength, which is an exercise |
| 0:23.5 | in futility because he doesn't have any, and he's been claiming that nobody's been tougher on |
| 0:28.4 | China than he is. But over the weekend, as I just said, and I think it bears repeating, |
| 0:34.8 | he caved. The United States and China reached a fragile temporary agreement, |
| 0:40.5 | which is a 90-day suspension on a narrow set of the tariffs Donald imposed |
| 0:48.3 | unilaterally upon one of our largest trading partners. |
| 0:52.8 | Here's ABC News with that breakdown. |
| 0:55.9 | A dramatic retreat from President Trump's 145% tariffs that he imposed on Chinese imports. |
| 1:02.2 | After all of the tough talk and hard lines, both sides agreeing to dramatically roll back |
| 1:07.1 | their tariffs, at least for now. |
| 1:09.3 | This morning, the Trump administration emerging from a marathon weekend of negotiations, |
| 1:14.6 | announcing the U.S. has reached a trade deal with China to significantly lower most tariffs for 90 days. |
| 1:20.6 | We have reached an agreement on a 90-day pause and substantially moved down the tariff levels. |
| 1:37.4 | The U.S. agreed to roll back its steep 145% tariff on Chinese imports to 30%. |
| 1:44.0 | And China agreeing to lower its tax on American goods from 125% to 10%. |
| 1:50.0 | For weeks, the president has been defiant about keeping his tariffs in place, |
| 1:54.0 | even as markets tumbled and retailers warned their shelves could go empty. |
| 1:58.0 | I know what the hell I'm doing. |
| 2:00.0 | I know what I'm doing. And you know what I'm doing too. Yeah I'm doing. I know what I'm doing. |
| 2:01.5 | And you know what I'm doing too. |
... |
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