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The Socialist Program with Brian Becker

Trump's Trade Wars, Talks with China & Attacks Against Immigrants w/ Prof. Wolff

The Socialist Program with Brian Becker

The Socialist Program

Politics, News

4.7587 Ratings

🗓️ 11 June 2025

⏱️ 25 minutes

🧾️ Download transcript

Summary

China and the US have been in high stakes trade talks this week while the Trump Administration launches all-out attacks on immigrants, sending military forces to Los Angeles in an attempt to stop protests against ICE raids.

Brian Becker and Professor Richard Wolff discuss Trump’s management of the affairs of the bourgeoisie, and the extreme stress that U.S. capitalism is under.

Professor Richard Wolff is an author & co-founder of the organization Democracy at Work. You can find his work at rdwolff.com.

Join the The Socialist Program community at www.patreon.com/thesocialistprogram to get exclusive content and help keep this show on the air.

Transcript

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0:00.0

High-stakes talks this week between officials from the U.S. and China over trade.

0:07.7

Donald Trump says a deal is near with China, but the Chinese government has been dubious about the actual negotiating position of the Trump White House.

0:18.0

We need a new system. We need a new society.

0:21.6

We need to demand that which may have sounded impossible even a few weeks ago, but is not

0:27.6

only realizable, but an imperative necessity. We are excited to have Professor Richard Wolfe.

0:56.0

Join us again for our regular weekly segment, where we talk about the biggest stories related to the economy, the state of the working class, and the crimes of big business.

1:05.0

I'm your host, Brian Becker.

1:07.0

The Socialist Program brings you content several days a week. Thanks to the support of our patrons

1:12.8

at patreon.com forward slash the socialist program. We appreciate all of your support and we urge you if you're not

1:21.4

yet to become a patron today. Richard Wolfe is the co-founder of the organization Democracy at Work.

1:27.0

He's the author of many books, including Understanding Capitalism, which is available at

1:32.8

Democracy at Work.

1:34.7

Info.

1:35.5

Professor Wolfe, welcome back.

1:37.5

Thank you, Brian.

1:38.3

Glad to be here.

1:39.3

Richard, it really looked for a moment as if the tariffs were going to basically sink trade.

1:48.6

In other words, end trade between China and the United States, at least for the time being.

1:54.8

You know, we talked about the ports and the West Coast ports in particular.

1:59.6

All the cargo ships were basically empty. There was no

2:02.5

trade going on. And then Trump basically, you know, in essence, back down. You know,

2:08.5

some of Trump's critics now, even those in the Republican Party have coined a new phrase. It's called

...

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