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The John Batchelor Show

PRC: Alan Tonelson, independent economic policy analyst who blogs at RealityChek and tweets at @AlanTonelson, @GORDONGCHANG, GATESTONE, NEWSWEEK, THE HILL

The John Batchelor Show

John Batchelor

Arts, Society & Culture, Books, News

4.52.8K Ratings

🗓️ 17 April 2025

⏱️ 9 minutes

🧾️ Download transcript

Summary

PRC:
Alan Tonelson, independent economic policy analyst who blogs at RealityChek and tweets at @AlanTonelson, @GORDONGCHANG, GATESTONE, NEWSWEEK, THE HILL

1972 RED GUARD OPERA


https://fortune.com/2025/04/14/trump-trade-war-china-tariffs-imports-imbalance/

Transcript

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0:00.0

This is CBS Eye on the World.

0:08.5

Here's John Batchelor.

0:11.5

With Gordon Chang, my colleague and co-host,

0:14.5

and we're very pleased to welcome our longtime guide

0:17.5

on manufacturing and trade in the United States.

0:20.6

Alan Tonnelson, who blogs it reality check.

0:23.5

Alan F.T. headline.

0:26.5

Japan set for, quote, guinea pig trade talks with U.S. after Donald Trump's tariffs.

0:32.6

Subhead, Tokyo first in line for negotiations that will be closely watched as test case of Washington's

0:39.6

trade war strategy. This looks to me like good news. Japan and the United States work very well

0:46.7

together. There is something to talk about, which is the extreme imbalance about cars and perhaps agricultural as well.

0:57.5

But these are two friendly powers who have both lined up against the People's Republic

1:02.3

of China.

1:03.3

How do you regard this idea as a guinea pig?

1:06.7

Will the rest of the world, the friendly world, take note?

1:09.8

Good evening to you, Alan.

1:14.2

Good evening, John, and good evening, Gordon.

1:22.6

It's, I think, noteworthy that the Financial Times, which is one of the leading, what I would call globalization cheerleaders in the global media decides to use the word guinea pig rather than what I think

1:31.6

would be a more accurate and certainly more respectful term, which would be template.

1:36.9

Now, that's not to say that the United States faces the exact same kinds of trade barriers

1:42.9

with all countries, but certainly Japan is really

1:46.6

quite typical having low tariffs, but very high non-tariff trade barriers, which are very

...

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