This is CBS Eye on the World.

Here's John Batchelor.

All the world gripped by the word tariffs.

What does it mean for our future?

Uncertainty is bedeviling Wall Street.

However, I turn for certainty to Gregory Copley, my mentor,

editor and publisher of Defense and Foreign Affairs, writing most recently about the CCP,

the Chinese Communist Party. People's Republic of China is a polite way to refer to the CCP,

totally in charge, not only of the refer to the CCP, totally in charge,

not only of the apparatus, the government,

the infrastructure, the people, the money, but also the military.

And what we're witnessing in the tariff dispute

is a demonstration of China threatening.

That's the word.

Gregory, a very good evening to you.

China remarks in these last hours that it will fight to the end,

fight to the end, referring to tariffs that Mr. Trump has announced on China until

and if it obeys the WTO recommendations to not

beggar your neighbor, not dump, not steal information, and generally behave as a member of the

community and not as a pirate these many years. And China's response is belligerence and threats. Your analysis of China is that

what we're witnessing is not a strong nation, but a nation that is cornered and without good

options. Good evening to you, Gregory. Good evening, John. Great to be with you. And it is important to recognize that

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