meta_pixel
Tapesearch Logo
Log in
Crossroads with Joshua Philipp

Inflation Goes Down Amid Trade War; Trump Fires Back at CCP

Crossroads with Joshua Philipp

The Epoch Times

Government, Education

4.9594 Ratings

🗓️ 12 April 2025

⏱️ 75 minutes

🧾️ Download transcript

Summary

The impact of the new U.S.–China trade war is becoming clear, and it seems that quality of life for Americans is suddenly improving. President Donald Trump has now clarified that with all actions combined, the total tariffs on China are now 145 percent, while tariffs on other countries are now around 10 percent. And contrary to some expectations, consumer prices are now going down, and inflation is dropping as well.

Transcript

Click on a timestamp to play from that location

0:00.0

The total tariffs in China are now a whopping 145%. The White House has clarified.

0:06.9

This is while other tariffs and other countries are now capped at 10%. And the impact of the new

0:11.6

U.S. trade war with China is becoming clear. It seems the quality of life for Americans suddenly

0:18.1

is improving. Consumer prices are going down. Inflation is dropping.

0:23.9

And meanwhile, Democrats are announcing investigations into Donald Trump for alleged insider trading.

0:30.5

And also, something big just happened in Congress, a law requiring people to prove that they are

0:36.7

U.S. citizens when they vote in

0:38.3

elections has now been passed by the House of Representatives. I'm the Epic Times Senior

0:43.9

investigative reporter Joshua Phillip, and you're listening to Crossroads.

0:53.9

First off, on where things are at with the tariffs on China.

0:57.7

After the Chinese Communist Party declared it was raising tariffs against the United States

1:02.2

to 84%.

1:03.8

In addition to every other trade abuse they have, Trump took a move that had many surprised.

1:09.4

He paused tariffs in other countries for 90 days,

1:12.4

capped them all around 10%, even Canada, and now seems to be focused on the trade war with China.

1:19.9

He declared on Truth Social that the new tariffs on the CCP are 125%, quote,

1:25.9

based on the lack of respect that China has shown to the world's markets

1:29.2

and on this as well folks it's actually more than that the white house confirmed to the epic

1:35.7

times yesterday the newly announced 125 tariffs they did not include the 20% tariffs over the

1:42.8

CCP's involvement in the fentanyl trade, which they run, by the way.

1:47.3

So the total tariffs from the United States against the CCP is actually 145%.

1:53.1

And the CCP just announced they're doing the exact same thing, 145% right back.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The Epoch Times, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Epoch Times and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.