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Turley Talks

Ep. 3257 Dems MELTDOWN, Dow SOARS as China CAVES in Trade War!!!

Turley Talks

[email protected]

Daily News, News Commentary, Politics, News

4.81.2K Ratings

🗓️ 12 May 2025

⏱️ 15 minutes

🧾️ Download transcript

Summary

Within minutes of the announcement that the US and China had reached a trade deal slashing tariffs, the markets surged. They rocketed more than a thousand points! We’re going to see what’s really behind this US-China trade deal and why it has the Democrats in a complete meltdown.

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Highlights:

  • “The U.S. will cut tariffs on Chinese goods from 145 percent to 30% for 90 days, while China will lower its tariffs from 125 percent to 10% for the next 90 days.” 
  • “Fear of economic collapse forced China to negotiate with Trump.”
  • “Scrubbing their data and removing tariffs before their meeting with the Trump administration in Switzerland was a clear indication that China was already blinking; this was already China caving.”

Timestamps:    

[03:21] The new US-China trade agreement 

[05:42] Why the stock market responded with explosive optimism

[07:12] What’s behind the deal and how it signals a shift from globalism to mercantilism

[11:54] Democrats' meltdown - how the media tries to spin the agreement against Trump

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Transcript

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0:00.0

The Liberal Globalist Order is on its brink and awakening a new conservative age.

0:06.4

I'm Dr. Steve Turley.

0:08.1

Join me every day as we discover answers to today's toughest challenges and explore the revitalization of conservative civilization.

0:17.9

This is Turley Talks.

0:21.1

What has to happen is it has to be fair for the American people.

0:24.8

But in January 2020, President Trump produced a template.

0:30.0

We had an excellent trade agreement with China, with China.

0:37.6

The Chinese delegation basically told us that once President Biden came into office,

0:43.7

they just ignored their obligations.

0:46.1

So, you know, we all already have a large framework.

0:50.4

The other thing to remember here, Jonathan, is that this is a pause down to 10%.

0:56.4

The April 2nd level for China is 34%.

1:01.6

So we will be working to see where their final reciprocal number ends up.

1:09.7

And the negotiations are a combination of tariffs,

1:14.3

non-tariff trade barriers, currency manipulation, and subsidies of labor and capital.

1:20.6

And the markets loved it. Within literally minutes of the announcement that the United States and

1:26.1

China have reached a trade deal,

1:28.0

slashing tariffs, the markets surge. They rocketed more than a thousand points this morning.

1:34.1

That's quite the way to start the week. We're going to see what's really behind this U.S.

1:39.3

China trade deal and why it has the Democrats in a complete meltdown. You're going to absolutely love this.

1:45.8

Hey, gang, it's me, Dr. Steve, your patron professor. I hope you had a wonderful weekend.

1:50.3

Before we dive into what's really happening here with the China, the United States trade deal,

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