4.8 • 7.9K Ratings
🗓️ 10 April 2025
⏱️ 28 minutes
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0:00.0 | It's Thursday, April 10, 2025. I'm Albert Mueller, and this is the briefing, a daily analysis of news and events from a Christian worldview. |
0:13.5 | Well, they're on, now they're off, at least they're paused. I'm talking about terrorists when it comes to most countries. |
0:19.7 | Yesterday, President Trump announced in a |
0:21.4 | tweet, the White House followed up with a formal statement saying that the tariffs that had been |
0:26.4 | set by the White House variously for countries all over the globe, that they were on hold, a 90-day |
0:32.3 | hold with the exception of a 10% continuance in terms of a constant tariff, with the exception of China. |
0:40.4 | And at least at one point yesterday, the tariff rate against China was well over 100%. |
0:45.0 | The president and the White House are reconstruing the entire issue related to tariffs as being, |
0:51.6 | at least for now, primarily about corrections when it comes to China. |
0:56.2 | It is right now primarily about marshalling energy against the unfair trading practices of China, |
1:03.6 | the incredible trade imbalance of China. Now, by the way, why is China in this position? |
1:09.3 | Is it just because of low wages? Well, it's because of more than that. |
1:12.8 | And this has been an issue of deep concern for Americans administration after administration, president after president. |
1:20.2 | It has been an urgent concern of President Donald Trump. And that is this trade imbalance has been orchestrated by the Communist Party there in China |
1:28.4 | in such a way that it has been injurious to the entire world economy, a great distortion field, |
1:34.7 | given the fact that China has basically been flooding the world with very cheap goods. How does that |
1:40.8 | happen? Well, here's where the moral concern comes in. |
1:45.0 | And it's a political concern on the part of nations. |
1:48.2 | It has been an issue of resentment for the United States, but also European nations. |
1:52.8 | I'm talking about the fact that for the course of the last several decades, China has claimed to be two things at once. |
1:59.6 | And China has claimed to be a vast global economy, |
2:05.1 | a vast global economic superpower. And undoubtedly it is when it comes to China and the United |
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