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

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We are in a fullcale trade war now. The White House clarified that with everything combined, the tariffs on China are now 145%. The CCP just countered. They announced they’re also putting 145% tariffs on the United States. Now, the US has temporarily put tariffs down to around just 10% on every other country in the world. And the impact of the new US trade war with China is becoming a lot clearer. Well, it seems the quality of life for Americans is suddenly getting better. Who knew, right? Consumer prices are now going down. Inflation is dropping as well. And meanwhile, Democrats are announcing they’re investigating Donald Trump for insider trading. And also, something big just happened in Congress. A law requiring people to prove that they are US citizens when they vote in elections. It’s now been passed by the House of Representatives. I’ll be talking about these topics and a lot more today. Let’s get started. Now, first off on where things are at with the tariffs on China. After the Chinese Communist Party declared it was raising tariffs against the United States to 84% in addition to every other trade abuse they have, Trump took a move that had many surprised. He paused tariffs in other countries for 90 days, capped them all around 10%, even Canada, and now seems to be focused on the trade war with China. He declared on Truth Social that the new tariffs on the CCP are 125% quote based on the lack of respect that China has shown to the world’s markets. And on this as well, folks, it’s actually more than that. The White House confirmed to the Epic Times yesterday the newlyannounced 125 tariffs. They did not include the 20% tariffs over the CCP’s involvement in the fentinel trade, which they run by the way. So, the total tariffs from the United States against the CCP is actually 145%. And the CCP just announced they’re doing the exact same thing. 145% right back. Now, this is from 84% also. They’re now again going up. Now look, keep in mind leading up to this, some analysts suggested that even if 50% tariff against the CCP would be detrimental to the Chinese economy. This is close to three times that. And there’s a very real possibility we could see this tariff go even higher. Maybe some have suggested like I don’t know 400% uh if the CCP tries to keep retaliating. And they’re probably going to do it because the regime in no way seems like it’s going to back down. And on that point, while the tariff overall, this whole thing has been, you know, kind of politically divisive, let’s say, uh, the trade war with the CCP is actually less so. Little different on that front. There are voices on the left who’ve actually come out in support. News Nation correspondent Gerald de Rivera, he came out with his take on it. Watch this. I believe that he ambushed China. I believe that he suckered uh the whole world into believing that he was going to go down in this uh you know this Harry Carry this suicide mission. So you think the world the plan all along? I I think it well with him it’s so much spontaneous but I believe it evolved. I mean Monday so many people were feeling terrible pain. The markets were tanking. It was no uh you know end in sight. People were watching their 401ks their IAS disappear. The whole nation was I think trembling over the uncertainty of where we were going with this. It was he was picking a fight with the entire world. So I I said Monday I said what isn’t the problem of China? Why are we why are we getting everybody UK, European Union, Japan etc. China is the problem. I couldn’t understand it. But then I now he goes on to explain how you know in the end it turned out that the focus really was on China. What seems to have happened is that Donald Trump created a whole global uh a global situation, let’s call it, where most countries had to come to the table within the next 90 days to renegotiate their trade deals. If they choose to instead go further towards the CCP, it’s possible they could burn their bridges with the United States. And there’s also the reality that the entire global trade system is now basically being uh being remade, renegotiated. Everything is on the table, folks. Now, Trump also discussed some of this in the Oval Office where he was signing even more executive orders on Wednesday in addition to like seven of them. He noted how many of these problems came about from letting the Chinese Communist Party into the World Trade Organization, which was again one of the first big moves on this back in early 2000 or 1999 2000. Watch this. This started with the World Trade Organization, which was owned by China. It was owned and paid for by China. They didn’t even have to do things. They considered them a nation that was undeveloped. They said they were a developing nation. Well, we’re a developing nation, too. If you think about it, look at our inner cities. Look at what’s happened. I think we’re we’re starting from ground zero there, right? So, we’re a developing nation, too. No, I don’t I don’t I know it’s a lot of people would take heat for saying that, but I blame the people sitting at this desk more than I blame China. If China can get away with they got away with with taking hundreds of billions and trillions of dollars right out of our pocket because our people here were stupid. They were stupid people. Maybe corrupt. I don’t know. I don’t know how you could be that stupid. How do you get to be president and you’re stupid? But they certainly weren’t courageous and they allowed this to happen. And with Japan and with many other countries that took advantage of us. I mean, we we had deficits with almost every country. I used to read these things first term. I’d read them. I’d actually read the agreements and say, "How could anybody agree to this stuff?" Now, we’re also starting to see the impact of all this. And contrary to what some believed and what most of the experts have been saying, well look, consumer prices have been going down. How is that? The prices of goods is suddenly dropping and also inflation is going down. Reuters said this. US consumer prices unexpectedly fell in March in cheaper gasoline amid cheaper gasoline in used motor vehicles, but the benign inflation reading is unlikely to be sustained after President Trump doubled down on tariffs on imported Chinese goods. It says the first monthly decline pri in prices in nearly five years reported by the labor department on Thursday also suggested softening demand amid heightened recession fears due to tariffs and led financial markets to anticipate the Federal Reserve could cut interest rates by 100 basis points this year. Some would suggest the Federal Reserve refusing to do that is the cause of most of that. But another issue right now. Now, it continues saying that airline tickets cost less, as did hotels and motel rooms, pointing to declining discretionary spending amid a sharp deterioration in business and consumer sentiment. I would add to that there’s probably other factors such as, you know, FEMA not giving money to different cities to pay for free hotel rooms for illegal aliens. And if you understand that illegal immigrants were being propped up in hotel rooms and given free flights and that was a very large-scale thing, obviously once they cut that, you’re going to see prices go down for hotels and flights and also demand go down because people aren’t doing it as much. Now, like importantly, the drop in consumer prices is from March numbers. I mean, late March, right? Like a week and a half ago. And we’ll have to see how that works out for April. Given that Trump has put global tariffs mostly on hold for the next three months while he fights it out with the Chinese Communist Party, it likely won’t hit the prices of products too hard, right? At least for now. And the issue of deflation, well, that is pretty big. The risk was also repeated the last uh for the last several years. You might remember the narrative was stagflation. Stagflation. Who remembers that? A perfect storm of inflation and a rising cost of goods. You pay more for everything and your dollar is also worth le worth less. Wonderful. And suddenly, it seems we’re on a different track. That whole thing has suddenly been changed. The Federal Reserve currently does not seem to be interested in changing interest rates. Trump is pushing them to do it. They’re not doing it. If inflation continues to drop, though, they might reduce rates. I mean, at the very least, normally they would do that, and if they don’t do it at this point, it might look like it’s politically motivated. So, we’ll see. But the new numbers are getting some attention as well. This is CNN on it. Consumer prices month over month. So, this was actually a drop of.1% negative.1%. That’s the first time we’ve seen that uh since co year over year, the annual inflation rate was at 2.4%. This was also better than expected and a 6month low moving in the right direction as far as why this happened. Um there’s a few drivers. One thing that really played a role here as you can see the trend here the inflation rate dipping a little bit. One of the drivers was energy. Uh the fact that gasoline prices did not move up like they usually do in the month of March that really helped the inflation. Did you get that? energy was a big factor in lowering of prices and everything else and deflation, right? And on the energy front, even with the trade with China, the US is actually on track to do even better. Interestingly, uh one of the reasons that you know energy might affect trade is because well, what powers ships? What powers again cars and semis and everything else? What powers the entire logistic system and production? Well, you know, oil and gas, right? uh that that does factor in very heavily with the price of manufacturing and goods and shipping and everything else. And so as this changes we could see some bigger shifts. Now this is also significant because remember the problem with inflation came about from all the problems with COVID economic shutdowns, massive bailouts and all all the other things with it. The charts are now showing the current rate of inflation has gone below 3%. That’s about where things were at in March of 2021, right when this, you know, whole mess started. Now, Representative Tom Tiffany responded to these charts in particular, and he wrote on X, quote, "Inflation down, beating expectations, jobs and wages up, crushing forecasts, promises made, promises kept." And President Donald Trump chimed in as well. He wrote on Truth Social, quote, "Just out. Inflation is down." And Trump also published a screenshot from the White House announcement that said inflation rate drops to 2.4% in March, lower now, lower than expected. And in a graph showing the drop, he he also included his face over the numbers just just so we know uh who who was the president at that time. And now look, all this ties into something broader happening with these these agendas. Let’s say one of the bigger agendas in the administration is promoting the return of American manufacturing. You know, the golden age coming soon, we’re told, and also the global tariffs and the renegotiated trade deals. They seem to have this as a backdrop, some added incentives to bring back factories and jobs to the United States. But it’s probably not going to be so simple. Part of the problem we face with businesses in the United States is all the red tape, restrictions, barriers on markets, things that make it hard to start a business, run a business, compete in business. Donald Trump just took some actions from the federal level to address this. On April 9th, he signed a new executive order. This is titled reducing anti-competitive regulatory barriers. In other words, state interventionism, as some would put it. And it says this, "Federal regulation should not predetermine economic winners and losers. Yet some regulations operate to exclude new market entrance. Regulations that reduce competition, entrepreneurship, and innovation, as well as the benefits they create for American consumers should be eliminated." This order commences the process for eliminating anti-competitive regulations to revitalize the American economy. Now, this directs the government to look for and eliminate any policies that play a role in helping create monopolies that create barriers for new companies entering the markets that limit competition between businesses like state subsidies and so on. uh things that make it harder to get licenses or other things to start a business or get into an industry. Again, the regulatory bloat makes it really hard for newcomers in in a lot of industries and also things that make it hard to get supplies that you need to compete for like procurement and things like that. Overall, basically anything that quote otherwise impose anti-competitive restraints or distortions on the operation of the free market, Trump says. In other words, getting rid of any inhibitions to the quote free market, the exact wording of this document. Basically, it seems this goes after red tape and what some have referred to as state interventionism. The school of Austrian economics would be very pleased with this. And if done right, look, it could end a lot of cronyism, right? Crony capitalism, not true capitalism. When people criticize capitalism, oftentimes they’re criticizing the state interventionist elements within it, not a true free market. And this could take some steps to bring about a true free market. If you get rid of state interventionism, basically socialism under the guise of capitalism. One of the big ironies of the criticisms of capitalism, by the way, most people are not criticizing an actual free market. They’re criticizing the systems that are breaking the free market. Now, when Trump signed this order on Wednesday, White House staff secretary, uh, this is Sh Will Sharf, he announced what this is meant to do. Watch this. This is another executive order relating to deregulation. Sir, there are a lot of regulations on the books uh that either promote monopoly directly or prevent new market entrance uh from from entering into a g a given market. The net effect of that is very negative for consumers. So what this executive order is going to do is direct your departments and agencies uh to work with the FTC uh with the attorney general with the department of justice uh to ensure that the regulations we have on the books uh don’t function as anti-competitive barriers to new market entrance. The net effect of all of that is going to hopefully be uh market forces uh that that reound to the benefit of consumers and ordinary Americans as opposed to monopol monopolistic businesses. While we’re now watching inflation drop and the prices of goods go down, we’re also starting to see something else. All the deals that were made with the Chinese Communist Party, it turns out a lot of them were hurting the country. The quality of life for Americans was going down and has been basically since those bad deals started. And as the new trade war is playing out, this is being highlighted as well. It’s also exposing all the deceptive means because people are finally talking about it the Chinese Communist Party has been using against the US and most of the world literally for decades. Senator Tom Cotton wrote on next quote as I write in seven things you can’t say about China. China’s entire economic strategy can be summed up in three words. Lie, cheat, and steal. And like Trump was saying also, a lot of the problems started when the CCP was given access to the World Trade Organization. The early 2000s deals that basically sold off our businesses. Now, from the time that that happened, quality of life for Americans has gone down. Kevin Hasset, director of the National Economic Council, he explained what that bad deal did to Americans. This is him on Fox and Friends. Watch. Well, I think his first goal always was to advantage American workers. Remember when China entered the WTO, then for the next 15 years, real wages in the United States went down by about $1,200 cumulatively. So, all those cheap products didn’t make uh welfare better off for American citizens because wages went down by more than prices because of the low demand for American workers. And so, what President Trump’s been doing is he’s been trying to drive up demand for workers, drive up wages so that real welfare improves. and he’s highly confident that his policy will accomplish it. There’s going to be a lot of disruption for China right now because they’ve been dumping cheap goods into the US. Uh and doing so, I think, as a strategy that has national defense implications. And and so what’s going on right now with China is that the ships that are filled with Chinese products don’t know where to go. They’re stuck in port. The factories that are making the Chinese goods are going to have to slow down because they don’t have ships to load the stuff into. And that’s going to put a lot of pressure on China to stop its bad acting and to come to the table. Yeah. And and now personally, I do not think the CCP is going to come to the table. Xi Jinping is uh is riding the tiger, as some might say. There’s a saying in Chinese, when riding a tiger, it’s hard to dismount. And that’s the situation he’s in. Basically, he’s facing the reality with the whole economic boom in China. The entire thing was a gift from the West. That gift is now being taken back. The businesses, the trade, the factories, the investments, that did not come from communism. That came from Western capitalism. Xiinping cannot afford to negotiate. He’s facing internal conflicts within the regime. He cannot lose face in front of his generals because he’s fighting with his own military right now in a power struggle. There’s no way the CCP is going to come out of this in good shape. they cannot afford to lose. And so he’s going to double down. And we see so far that they are they’re matching the US tariffs. And look, we’re also now seeing something else. What do you think of as the main draw when it comes to products made in China? Do you think uh do you think the quality is why we buy from China? Those those high quality made in China products, right? Uh they have some of the shoddiest quality of any products you can buy in the entire world. Uh what about the innovation? Chinese innovation. Uh most of it is done through stealing product designs from other countries. We note they launched cyber attacks using their military to rob every country on earth, especially American companies. There’s really not much there to protect innovation. Even if you innovate in China, other people can steal it. There’s no protections on it. And so theft is almost required. So really, why do we trade with them? It’s it’s the cheap prices, right? Cheap Chinese goods that is the motivation. and that’s now going away. Reuters said this. Chinese companies that sell products on Amazon are preparing to hike prices for the US or quit that market due to President Donald Trump’s unprecedented tariff hikes. Sellers and the heads of China’s largest e-commerce association said, and they said, quote, "This isn’t just a tax issue. It’s that the entire cost structure gets entirely overwhelmed, said Wong Shin, head of the Shenzhen Crossber E-commerce Association, which represents more than 3,000 Amazon sellers, and added quote, "It’ll be very hard for anyone to s survive in the US market," she told Reuters, noting the tariffs could lead to consu customs delays and higher logistics costs, meaning takes longer to ship, prices are significantly higher. They’re even saying up to like $150 per shipment. So imagine you buy some like $6 item on Shien or Teu and there’s like a $150 sir charge on it. Yeah, go ahead. But they add this quote. So for all of us in the crossber e-commerce business today, this is truly an unprecedented blow. And they add this that China is home to around half of Amazon sellers. almost 50% of the sellers on Amazon with over a 100,000 Amazon businesses registered in the southern city of Senzhen alone generating annual revenues of $35.3 billion according to e-commerce services uh provider Smart Scout. Those businesses are about to go to somewhere else. I’ll tell you that right now. But it adds this. China also hosts the manufacturing bases of other major e-commerce platforms like Shien and Teu which you can now expect to very drastically go out of business because not even not even this with the US actually a lot of foreign markets even other countries are putting restrictions on them but they add this as well imports and exports involving crossber e-commerce were worth 2.63 63 trillion yuan, about $358 billion last year according to China’s state council. Uh to put that in perspective, that significantly outweighs almost all of the US exports to China. that alone and they add no other country comes even close to US consumption power significantly limiting the production the rest of the world can absorb and raising the risk of intensifying price wars among Chinese exporters squeezing profitability that is significant because Americans we are big consumers about gez more than 30% of global consumption is just the United States if you lose the US market you probably don’t have anywhere else to go. Especially if you’re if you’re China and you’ve already pretty much exploited every other market as much as you can. They have no place else to go. Those Chinese sellers technically they’re going to have to look for other places to sell. The problem there are not other places to sell. They don’t have options. They’re already exploiting global trade to the greatest extent possible. That is the basis of the Chinese economy. There is no place else to grow. They cannot grow their market. It’s at the maximum. Not only that, even aside from the tariffs, the cheap prices were being propped up with other loopholes like dimminimus, like most favored nation trading status, specific exemptions the United States gave to China, meaning they’re not going to find those deals anywhere else. They just lost that. This was letting them avoid paying things like duties. it was letting them avoid uh paying for shipments like they normally would. They’re not going to go to any other country that is going to allow them to do that. That was a specific thing from the United States and it’s now over. They can no longer compete on price or service. Now, what does that mean from a business standpoint? What does it mean if you cannot compete on price or service? Well, it means their competitive advantage just got wiped out. That is the basis of a successful business. They just lost it. And guess where a lot of that’s going right now? Well, those businesses are going right here to the good old US of A. And a point that’s being raised is that America still does most of the innovation. Just we give away the manufacturing or we let others just steal our innovation through cyber attacks and the like or digging up corn seeds and so on. Right now look over time this has resulted in the US inventing and innovating while the rewards of that innovation go to other countries and this is now becoming part of the national discussion as well. Commerce Secretary Howard Lutnik highlighted this and the whole problem during an interview on CNBC’s Fast Money. Watch. So it we can’t be a nation that invents everything but has everything built somewhere else. Eventually, you become subservient to the people who build things for you. If you make nothing, but all you do is think about it. Then someone else will be the builder. And if you also allow these giant trade deficits and you you let yourself have budget deficits, what ends up happening is the rest of the world also owns you. In 1980, we owned more of the rest of the world than they owned of us. And now the rest of the world owns 18 trillion net more of the United States than we own of them. So 60% of our GDP is now owned by outsiders. It’s time for that to be rightsized and fixed. We’re going to reshore great industrialization, bring back those jobs here, and we’re going to strengthen America so that America plays the right role in the world and is not just the biggest consumer who overspends and eventually is owned by the rest of the world. That is just not going to happen. My grandchild, now as all this plays out, there’s another battle going on as well. the United States and the Chinese Communist Party, they are in a fullscale trade war. And this was preempted with Donald Trump also calling out most other countries in the world for bad trade deals with us. And that allowed them to trade at America’s loss almost across the board. I think maybe two countries on the entire face of the planet uh we were not trading at a loss with. And he put huge tariffs on most of them to try to balance out that trade. And then he took off the pressure, right? huge pressure, relief of pressure. He’s keeping 10% tariffs in place. That’s kind of a lot still for most countries, but he’s giving them a 90day window to come to the table, negotiate with us, make new trade deals while he dukes it out with the CCP. And as this takes place, all of these countries, they really seem to be presented with a choice. They can now choose, do you want to have a partnership with the United States or do you want to have a partnership with the Chinese Communist Party? And you cannot choose both. It’s going to be one or the other. This was highlighted by Treasury Secretary Scott Bessent at the American Bankers Association summit. He gave a warning to Spain in particular as the country’s leaders are weighing closer trade ties with the Chinese regime. Watch. In terms of escalation, unfortunately, the biggest defender in the global trading system is China. And they’re they’re the only country who’s escalated. And I can tell the rest of the world that I’m not sure whether was the prime minister, the economic minister in Spain made some comments this morning. Oh, well, maybe we should align ourselves more with China. That would be cutting your own throat because I can tell you that these Chinese exports that the US tariff wall is going to keep out that China for all all of you who can remember that Disney movie of the brooms carrying the buckets of water that is the Chinese business model. It never stops. They just keep producing and producing and dumping and dumping and it’s going somewhere at the end of the day that we can probably reach the ideal with with our allies with the other countries that have been long-term they’ve been good military allies not perfect economic allies and then we can approach China as a group. Yeah. Now actually the CCP also tried that with Australia just recently and Australia effectively told them to to take a hike. And remember trade also ties in with defense. And what does that mean? It also means shipping choke points. It’s global logistics. It’s resources all the natural resources in all the countries in the world. And it’s also the whole range of deals and agreements the United States makes with other countries including propping up their defense. And just with this in one example, Defense Secretary Pete Hegsth just met with government representatives in Panama. The discussion is about the Panama Canal and US concerns that the CCP’s encroachments have undermined the deal we made that handed the canal over to Panama. We were saying we gave it to you, not to China. And now it seems that there are other terms in place. The movement now is for the United States and Panama to work together to counter CCP influence. And actually, the deal also includes the ability of the US to put troops there to secure the Panama Canal against the Chinese Communist Party. Maritime executives have this. I said on Tuesday, US Defense Secretary Pete Hgset visited Panama to deliver a message. He pledged the United States will take back the Panameanian government operated canal from alleged Chinese influence. In prepared remarks, Head acknowledged that China does not operate this canal. And he pledged that China will not be allowed to weaponize it via infrastructure construction contracts, which they’ve been doing even by building a a parallel canal which pulls water from the existing one, the one the US built. And he said this quote, "The United States of America will not allow communist China or any other country to threaten the canal’s operation or integrity." And he said, "The United States and Panama Panama have done more in recent weeks to strengthen our defense and security cooperation than we have done in decades." Now, with this said, President Donald Trump is not just smooth sailing. He’s not just doing all this with no push back. There’s plenty of opposition as in case you haven’t noticed, including right here in the United States and including among many Democrats on their side of the aisle. Democrats are now also announcing they are launching investigations into Donald Trump and those around him for what they say is insider trading. Now, this is in response to Trump telling people on Truth Social by right before he made his big announcement on pausing the tariffs on most countries while he hones in on trade. you know, this trade war with China. Now, some have suggested that Trump telling people to buy right before the market surge from his announcement could be a crime. And among those leading the investigations is Senator Adam Schiff, a Democrat from California. Here’s him speaking with reporters. Watch. How concerned are you with this market fluctuation? And are you concerned that there could be members of the White House that are benefiting from it? Uh, absolutely. I’m writing to the White House to demand who knew in advance that the president was going to once again flip-flop on on tariffs and are people cashing in? Uh there is just all too much opportunity for people in the White House and the administration to be insider trading and you can’t put it past them for a minute. Uh so we’re going to try to find out. Now, it was part of the case that Democrats will have to prove if they want to say that Trump was engaging in insider trading is they have to say that Truth Social is an insider platform and not a public platform. The challenge they have with that is it’s an open social media that everybody can access. And so Trump’s message saying, you know, buy right before this whole thing started could be him just saying, you know, encouraging people to buy into the US economy. they would have to say it was insider trading, not necessarily a message to the entire world, which on an open platform, frankly, it’s kind of a message to the entire world. But regardless of how you view it, uh this will allow the Democrats to launch an investigation into Trump, get other communications, get people to testify if they can, you know, manage to pull the strings in Congress on different House committees, and they can begin, you know, basically expanding this into other arenas of investigation. This gives them some foothold to go after Trump, which they’re seemingly going to be using it for. And also, as this plays out, the Chinese Communist Party is working on its own responses to the US. The regime is pulling out one of its main tools, religious persecution. This is not just about trade. They’re also now really up in the Annie when it comes to religious persecution. In this case, the CCP is expanding its persecution of Christians. Christians in China. Now, communist state media in China, they announced that they are now banning foreign missionaries. If you were a missionary in China, you are in significantly higher danger. Now, the CCP is also putting in additional restrictions on religion overall. Human Event said this. They say starting May 1st, the Chinese Communist Party, CCP, will begin enforcing new rules that block foreign missionaries from preaching, sharing their faith, or organizing religious groups unless they receive formal approval from the government, the CCP. It says the updated rules were highlighted in a report from persecution.org, or which says this move is part of the CCP’s continued effort to keep Christianity and other religions under state control. I’ll get into that in a minute. It says Chinese authorities say the new restrictions are about protecting national security and only allowing what they call normal religious activities. And it says those are activities that take place under state approved religious institutions which operate under tight CCP supervision and alterations by the way. And it says this. The report states, quote, "The CCP has long viewed independent religious activity with suspicion, arguing that religious loyalty is at odds with the ultimate loyalty demanded by the Communist Party." In other words, how dare you believe in a power higher than the Communist Party? How dare you believe there’s a figure that exists that is greater than Xi Jinping or Maadong. You’re not allowed to do it. And it says, quote, "The government labels independent religious activity as cultish and extremist regardless of its theological roots." Which is, by the way, the stupid narrative that a lot of media put up when they, you know, criticize religions that are persecuted in China. The CCP calls all of them cults. They call Christianity a cult. Uh they call democracy activists a cult. Uh it’s just the label they use for religion. But it says here regardless of its theological roots and demands that all Christian religious activity take place within the confines of state-run churches. Meaning it’s not it’s not allowed unless the CCP controls it. They add that Chinese state media has tried to justify the latest crackdown by saying it is necessary to prevent threats to national political security. Basically, this is what work this how it works. Under the CCP, the Chinese Communist Party has persecuted most religions. uh it’s not widely known but even pre-CCCP even going back to like you know pretty early on Chinese government even like dynastic period you had Christians you had a lot of Jews you had Buddhists you had Dowists you had a lot of other religious groups it was one of the few countries in the world you actually had most religions and they were not like fighting with each other but when the CCP took over they persecuted all these religions every religion uh if you said anything like that they called it superstition and you could risk being killed. They killed monks. They killed priests. They killed abbots. They torture and they harvest the organs right now as we speak of religious believers. They currently, the CCP, they burn temples. They tear down crosses. They’re even like refitting some places of worship, including shrines, uh including churches, and they’re turning them into places of worship for Maoadong. And so you can worship Communist Party leaders with like a literally golden statues of Mao. And if you want to practice other religions like Christianity, they’ve created alternative versions. And these are the only ones approved by the Communist Party. These exist under the regime. They’re altered versions of it. They even rewrote the Bible. For example, uh they changed the that it’s not the Ten Commandments. It’s the nine commandments. The first one’s not allowed. And these are altered forms of the religions. They changed the religions. And if you want to practice the real religion, you will be persecuted. The Christians who refuse to follow the CCP’s altered versions, they call them house Christians, right? They have to do it at their own homes and so on, right? And it seems the Chinese Communist Party is now expanding its persecution against Christians as part of this war, this whole trade war. And also in other news, something else big just happened in Congress. Proof of citizenship to vote was passed by the House of Representatives. I’ll be talking about this more after I come back from a quick break. Experts agree one of the best ways to protect against financial uncertainty is to diversify your portfolio. Learn how physical gold and silver can secure your retirement funds from today’s economic challenges. With a gold IRA from American Hartford Gold, you can safeguard your wealth with no penalties or taxes. When you transfer your current qualifying retirement accounts, call now and our precious metals specialists will send you a free information kit. No cost or obligation. American Hartford Gold, a trusted industry leader with an A+ from the Better Business Bureau, has a five-star rating from thousands of happy clients. Whether you are getting physical precious metals in a gold IRA or delivered to your doorstep, we offer only the highest quality gold and silver. For your peace of mind, we also offer a no fee buyback commitment, a low price guarantee along with free shipping and free insurance. So don’t wait. Call the number on your screen today and secure your financial future. Welcome back, folks. Something big just happened in Congress. A law requiring people to prove that they are US citizens when they vote in elections has now been officially passed by the House of Representatives. And this is going to make it a lot harder for non- US citizens to vote in federal elections. Technically, some have argued this also represents voter ID. Now, this was passed by a a very narrow margin, mostly along partisan lines. There were a handful of Democrats who voted with Republicans on it. The final tally 220 to 208 and it is now passed at least in the House. Now Just the News said this. The House of Representatives passed the Safeguard America voter eligibility or the SAVE act on Thursday which would require documentary proof of US citizenship when registering to vote for federal elections. It says, "While non-citizens are prohibited from voting in federal, state, and most local elections, municipalities in California, Maryland, and Vermont, and Washington DC, allow non-citizens to vote in local elections." It says the SAVE Act would amend the 1993 National Voter Registration Act, the NVR, also called the Motor Voter uh law, to make states require documentation of a person’s US citizenship before registering to vote in federal elections and to ensure that states remove non-citizens from their voter roles. Now, not everybody likes this, but let me explain. Representative Pat Harrington of North Carolina issued a statement on the bill getting passed by the House and he celebrated. He wrote that quote, "Our elections are for American citizens and the Save Act makes sure it stays that way. This bill protects every legal vote with common sense safeguards making sure all those tens of millions of illegal immigrants are not voting in our elections." And he adds, quote, "Anyone claiming it blocks access to the ballot is not being honest. There are more than six ways to prove citizenship, including a real ID, passport, governmentissued photo ID. It keeps the system secure without making it harder to vote. If someone says otherwise, they’re pushing a political agenda and counting on you not to read the bill. Now, it’ll still need to get passed by the Senate. Um, and so you’re going to be hearing a lot of a lot of people trying to bring this up right now to try to encourage the Senate not to pass it. If it gets passed by the Senate, I can almost guarantee you Trump will probably sign it. And here’s why. Trump passed a similar law through executive order. But if it goes through Congress, this is going to make it more solid. It means whoever comes next into office can’t just overturn it, right? This makes it a lot more solid going through Congress in the actual legislative process. Now, Democrats have heavily opposed this. They argue there is not enough evidence of citizen, you know, non-citizens voting to justify the need for what is effectively voter ID. And they say proof of citizenship amounts to voter ID. They say this could prevent some people from voting. They note, for example, a lot of married women don’t get their, you know, when you do your name change, a lot of them don’t update that in some official documents. And so they say this could block married women from voting. Uh they also allege for some reason that black voters don’t know how to get ID. I think you’ve seen probably videos where a lot of them say that’s crazy and that’s kind of racist sounding. Uh but that’s also the allegation. They say they they they can’t get these IDs and so they would affect affect their votes. Now there are different arguments on this as they’ve noted. There are six forms of ID that could be real ID that could be any government issued ID. It could be a passport. And many people would argue that if a passport is discrimination, voter ID is discrimination, then is buying alcohol in the store or tobacco products also discrimination? I don’t know. Uh, but this is going to go to the Senate. They’re going to vote on it. If it gets passed, Trump probably will sign it. Democrats are going to be pushing very hard against this. This is one of their, you know, hills to die on issues. They’re very much against the idea of voter ID. They believe it inhibits people from voting. Let me know what you think about this. Uh do you think it’s a good idea? Do you think this will affect the integrity of our elections or protect it? Well, leave a comment below or in the live chat. Also, don’t forget to hit the like button. Let’s jump into some questions, folks. All right, first question here. Gina Mik, you’re saying uh back to the trade war, right, with China. You’re saying perhaps this is an eyeopener that we are too dependent on a hostile nation like China. Well, you know what’s actually interesting is if you know one of the things people are doing, you might have seen on X and it’s mostly conservative media doing it. You’ve been seeing a lot of old videos from Democrats talking about this. Barack Obama’s talking about, you know, the need for balanced trade in reciprocal, literally reciprocal trade deals. There’s old videos of Bernie Sanders talking about it. There’s old videos of Nancy Pelosi talking about it. And some people have said if you were to just take that video and put it right now, it sounds like Donald Trump. Which is interesting actually because you know what? What political party did Trump used to be part of? Trump used to be a Democrat and the question is his issues seem to have not changed. The Democrat party back in those days was saying basically what he’s saying right now on you know the problem of imbalanced trade with China and tariffs and even immigration and even crime. their policies back in the late, you know, mid 90s and early 2000s, their policies of the Democrat party sound like Trump’s current policies, at least at least on that front, not across the board by any means, right? And so the question is, well, did they change or did like Trump and the rest of the country change? Uh because frankly, if they were using the same narratives they did in the mid ‘9s, they probably they probably would have won, you know, the elections. Uh which also explains why a lot of people say that you know I didn’t leave the party the party left me. But we can look at those old statements and they and you know they make sense. Uh Barack Obama was talking about the bad trade deals with China and if you look back at those days he was also raising some alarms over our dependence on China. Um, one of the big terms that actually started up during the Obama administration that continued uh continued under Trump in his first term, continued under Biden and are now coming to the forefront of this whole trade war. Uh, the narrative was supply chain threats. Uh, this is how that whole thing started. There was a military analysis during the Obama years. I think it was like it must have been like 2010 or 2011. Uh it was around the time when they started finding all these Chinese cyber attacks right against like our infrastructure. What happened was this the US military found that there were Chinese components in a lot of US military equipment that were either nonfunctional or had suspicious things tied in with them. And there were concerns that literally I I think they found in the F-35 fighter jet. I believe it was our, you know, our fifth generation fighter jet or maybe it was the F-22 or both. Um, in in the Abrams tank in in our our most favorite battle tank, right, America’s favorite tank, the Abrams, there were Chinese components because we didn’t have alternative sources. And the concern was that the CCP might have nonfunctional components meant to sabotage our military in the event of war. Or they might have kill switches where they can flip a button and turn off those circuits and fry our electronics if we went to war with them. Or they have intentional back doors so they could be hacked or they could be messed with and even turned against us in the event of war. That was an actual claim that came about during the Obama years. And so that started a whole debate around supply chain threats that we needed to find alternative sources at the very least for our military equipment. And then that got into a whole other stuff because what else happened? The Chinese Communist Party suddenly laid claim to these Skaku Islands, right? Uh as they call them the Dao Islands, but the Skaku Islands under Japanese ownership. The CCP claimed they had historical ownership over them and they started launching encroachments into Japanese territory. Japan fought back. They pushed back and what did China do? The CCP restricted the the selling of rare earth minerals to Japan. That basically put at risk the entire Japanese high-tech economy. And that was the moment when all the people in the world said, "Oh my gosh, the CCP can cut off key supplies of minerals that we do not at the time have alternative sources of." That tied into the whole thing of alternative supply chains. At the very least, the military realized we need to at the very least have alternative sources in the event of a war with China. Now, the Obama administration, they moved on it. They never fully found alternative sources because it’s just it ties into the free market. You know what I mean? Unless they create military operations to create like micro like the like some of the components of like chips like like the little I don’t know if you’ve seen like the little things you put on like microchips and so on. Unless you can find a place to make those cheaper than China was, which means you’d probably have to like subsidize it or have it run as an actual military operation, you can’t find alternative sources. They never fix the problem fully. They they did to an extent getting the fundamentals in place where, you know, our military would still be able to supply itself to an extent if we went to war. Not fully resolved by any means. Uh during Trump’s first term in office, they raised it again. Trump in his first term never fully resolved this either. Although you could say he only really started getting into the trade war with China towards the end of his first term and that came to a head right before the CO outbreak. Right? And CO derailed the whole thing and then there was the election right then also after that Biden came into office. Biden tried to tried addressing it. He was not able to either. They’ve taken some steps to lessen it, but they have not addressed it. In fact, when Biden was president, there was a military report and it said that were we to go to war with China right now and not have global allies, we would probably lose. And the basis of that was because we don’t have domestic manufacturing. We don’t have domestic supply chains and we don’t have domestic sources of the key materials we need to run a war. We don’t have the rare earth minerals. We don’t have the iron. We don’t have the ship building capabilities. We would not be able to run a long-term war if the CCP cut us off. And that was the concern. Um and so, you know, again, they never addressed it. And so you could say the eye opener happened over a decade ago. You could say the the the eye opener happened geez what back in 2010 or something like that and we never addressed it. And you could say yeah it’s coming back coming back to bite us now. Reality comes quick. Um but I do think we’re at a point now where they are realizing it. Trump, by the way, signed an executive order to fasttrack American domestic uh ship building capabilities. He’s building back, you know, American steel, which you need for that. They’re working on alternative sources for rare earth minerals. The big problem is not necessarily the minerals themselves. The big problem is the processing. The problem with that is it’s dirty. It’s it’s very environmentally damaging. And our environmental laws would would make it difficult to domestically. So what they’re talking about doing is having it done on military bases. Uh that this would be done effectively on US military bases. They bring in outside contractors and that would allow them to get around the environmental laws because there’s no other way to do it. Uh at least not domestically. So all that is underway right now, but it’s going to take some time. And and that’s the unfortunate situation we’re finding ourselves in. They they put all their eggs in one basket and they’re now very rapidly trying to trying to get those eggs in other baskets. You know what I mean? Another question here. Joy Davey, you’re saying they find ways to route their product so it doesn’t look like it’s made in China. A good example, jumbo shrimp. It says manufactured in Thailand. What people don’t know is it is manufactured in China. They send it to Thailand as a final processing for selling. Well, and and that’s that’s the kind of elephant in the room when it comes to Chinese products. Um the CCP was doing that through Mexico. They were doing a lot of that through um as we found out now through like Laos and Cambodia and Thailand as you mentioned. Uh they were doing that through a lot of Vietnam was a huge one apparently finding that. Now the other issue is like we were talking about Amazon. 50% of the sellers on Amazon are these Chinese companies. They’ve been going at it by hook and by crook. Did you know that if you’re like an Amazon seller and you just accuse another company of stealing your intellectual property, you can get them kicked off the market. And so what you’ve had done, you have these Chinese companies, they literally steal intellectual property from American companies. They register the IP in the Chinese, you know, intellectual property courts and then they use Chinese IP registrations to go to Amazon and say this company stole my IP because technically they can use the Chinese courts to say it, but the Chinese courts is working handinand glove with them to do it. They steal it, they copy it, they register it, then they use the copied thing to destroy the person they robbed. Crazy. And Amazon has mostly let them do it. They’ve kicked off the people they’ve robbed. They’ve replaced them. Like uh like that movie Invasion of the Body Snatchers, only this is the Invasion of the Factory Snatchers. They go in there, they kick them off the markets, and they dominate the market, right? 50% folks. 50% of them. And if you go on there, you can notice it’s all a bunch of knockoff goods. They all look the same. You can find almost any product and there’s a cheap Chinese knockoff of it. Uh they also do this through what they call gray markets in China. So imagine you’re a company, you’re looking for a place to manufacture. Hey, let’s go to China, buddy. You go to China, you start up a factory. What happens? That factory will start what they call gray markets. And so they’re manufacturing your product there, right? Uh if you want to go to China, you have to make a you have to make a joint venture with the Chinese government. And so they get a 51% stake in your company, meaning they technically have bought your company as a as a part of the agreement to going to China in the first place. You sell yourself out to the CCP if you even go there. You have to do a joint venture. In addition to that, what do they do? Well, they technically own your company anyways now, but they also take your product and they make a gray market. So imagine you have a factory manufacturing your product. What do they do? They’ll start a second factory or a third factory or a fourth factory and they’ll take the exact same thing you paid them to manufacture and they’ll manufacture that same product in the second factory and the third factory and the fourth factory and then they will use this. They they call it a gray market, not black market, gray market and they will compete with you on the same market. And if you understand they’re doing this on Shien and Teu where they make the rules and you have no chance of litigating it because it goes through Chinese courts, you are screwed. They do that. And so even though you might say, "Hey, they 50% of the sellers are gray markets or companies that have actually robbed and replaced the other countries that made the innovations or or they’re selling on Shien and Teu where they don’t have to face those laws in the first place. to an extent they do, but it’s under Chinese courts. You understand that it’s not even just 50%, it’s the majority. Um it’s it’s it’s it’s much larger than that, especially because it’s again even outside of companies that might that might be um getting ripped off, right? So you have the Chinese companies, you have the gray markets, you have counterfeits, you have companies that have put their competitors out of business, and then you also have companies that even though they’re not Chinese companies, they manufacture in China. Or you have Chinese companies that manufacture in other countries like again Thailand, like Joe Davyy noted. And even on those, it’s still Chinese products, but they’re being done through alternative markets. So it doesn’t look like that. Uh this notably affects a lot of other countries. This undermines the economy of Thailand. This undermines the economy of Vietnam. This undermines the economies of the Philippines, of Mexico, of most Latin American countries. It undermines the economies of Africa. Every country has to an extent become victim of this. Uh in Italy, for example, they’re having a problem of the CCP counterfeiting all their luxury goods and undermining all their luxury goods, right? Your Gucci bags and Louis Vuitton and stuff like that. And so in order to compete with the knockoffs, you even have these luxury brands manufacturing in China and they’re doing the same thing, gray markets and undercutting them and everything else. It’s the same problems. Uh it’s it’s crazy. And so I would actually say that when you when you when we peel the whole picture back and you look at what’s been going on, it’s going to be worse than people currently understand. And the other side of it is, you know, we’re talking about rare earth minerals, right? Now, they say China controls a lot of it. It’s not just like in China, it’s in Africa, it’s in Latin America, it’s in parts of Asia, but China controls the resources. Do you know how they did that? They did it through debt traps. And so when the CCP is going to Africa and they they they do these infrastructure projects, right? uh which they do through the Belt and Road Initiative or when they go to Latin America, they do the Belt and Road Initiative. They build infrastructure once they get they use predatory loan systems. The countries make deals with them oftentimes because the CCP bribes the officials to make the deals. And so they bribe people to screw over their countries. They bribe people who knowingly get their countries in bad deals because they paid them off. They sell out their countries. The country gets infrastructure. The jobs become Chinese jobs. The infrastructure is managed by Chinese companies. Meaning it does not create local jobs or help the local economy. They get the jobs, they get the profit. It has no benefit, in other words, to the locals. Very little at least. And then when they default on the loan, which they always do because that’s the way it’s set up because the officials were bribed and bought off by the CCP as part of making the deal, they’ll bring about 50 they’ll bring about half the budget just for bribery. They screw over their own countries and when they when they default on it, the ownership transfers over to the Chinese Communist Party. And then to get the extra money they make as part of the deals, the CCP gets ownership of a lot of the natural resources. And so they get the cobalt mines in Africa. They get the timber in the Amazon. They get the natural resources of the country in addition to getting the infrastructure they built, getting the jobs they built, getting the money they built. And so they screw all these countries over and they create corruption because they’re bribing the officials and getting the officials eating out of their hands like little pet dogs. That’s what they’re doing to these countries. Uh it goes against the interest of all the people living in these countries. They’re subjugating these countries and then they use them as their tools. That’s what’s going on. Uh and they and they do this in the West too. Um, they even do stuff like this in the United States, not not as severe, but they do do it with like corrupt officials and uh a lot of business leaders and even like, you know, journalists and online influencers. They do a lot of this. Um, it’s it’s not as severe as some of these countries, but it’s still it’s still problematic because you do have some big people who who’ve sold themselves out to China. Uh, Denise B, you’re saying another thing that prevents innovation, etc., is frivolous lawsuits. You know, like making coffee hot, which can burn someone who spills it on him or herself. You’re referring to the uh the old lawsuits against McDonald’s. I believe. Yeah, that’s right. Um Okay. So, Trump actually passed an executive order against predatory lawsuits. I mean, it’s not going to change everything, but there are what it invokes is existing law. So under existing law, you cannot technically use the legal system to intentionally like bankrupt somebody to intentionally keep someone busy in court. Uh you can’t use like frivolous lawsuits. There there is a new executive order on that which invokes existing law and expands ex existing law to an extent. Um so they they are they are doing that but it is true also. So, some of that ties into some of you may know that when it comes to businesses, there’s there’s public relations, right? They do their advertising campaigns. Some of them also do what’s called black PR, which is like your underhanded PR. So, rather than promote your company, you’re tearing down your competitors. You’re getting media to write hit pieces against your competitors. you’re feeding narratives to journalists uh to go after the may maybe it’s like sexual harassment allegations or accusing them of whatever else or maybe you’re getting insider knowledge from whistleblowers in the company and you’re paying them off or you’re stealing or hacking their communications and you’re using that feeding it to media and the media is then going like like New York Times doing to Epic Times by the way and then the media is going and writing hit pieces against their competitors, Okay. Uh you do have a lot of media that that are accused at least of doing this. Um and so one of the issues you have is that in addition to all of that, you also have law firms that represent big companies and law firms file lawsuits and there’s a huge system behind that. Uh you would call this lawfare, legal warfare. And if you understand the way this ties into back, we’re talking about China. The Chinese military has a program called the three warfares. legal warfare, lawfare, uh psychological warfare, which is narratives, and media warfare, the manipulation of media as a tool for this. Um, you know, you’re using media to trigger investigations or trigger lawsuits, and then you’re puppeteering the lawsuits. So, you’re pulling the strings of the narrative front, you’re pulling the strings of the lawfare front, and this is all part of a big plan to destroy the people you don’t like. Uh this is the dark underbelly of the way that some countries operate, the way some media organizations operate and the way that some businesses operate. It is the dark underbelly of the system, one of them, right? Leg legal warfare. Um and and and also some people would argue that regulatory bloat ties in with it. uh you know one of the big arguments for against what they you know when you have agencies creating laws or you know not technically laws but regulations that bypass the legislative process. This is this is something that may that goes on very heavily but a lot of people never really talk about it. How does American law work? You have the legislative process. if you want to pass a law in the United States. Do you all remember that cartoon? Was it from like the Was it the 60s or 70s? And it’s like the it’s the bill, right? And he’s sitting on the steps of Congress and they do the song and he’s like, "I’m a bill. I’m a bill." Right? You how who remembers that? Who remembers that cartoon? And it talks about the legislative process. You get a bill that get that gets proposed. Congress proposes the bill. It goes through the House. It goes through the Senate. and then finally goes to the office of the president and the bill turns into a law, turns into legislation. Uh we call that the good old legislative process. The founding fathers put that in place because they wanted to make it difficult to create new laws because over time laws expand and before you know it, you’re living under so many laws you can barely move your arms and legs. Uh it makes it very hard to do anything when you get too many of them. And so what happened, right? What happened? Well, individual um government agencies were given the ability to create regulations that bypass the legislative process. Uh you call this the regulatory state. So, they can issue they can make what are effectively laws, but they’re not really laws. And so even if you’re a business and you want to maybe like the EPA, right, the Environmental Protection Agency will say that, hey, we created this new regulation and you’re in violation of this regulation. What do they do? Uh well, you cannot you cannot litigate this or you cannot challenge the the charge under the normal court system. Sometimes the agencies have agency courts and you have to face an agency court. Uh you do not have the normal protection of the law when you challenge the the regulatory state. Uh and so the Trump administration, they’ve been kind of um they’ve been trying to roll that back. and um you know Jerome Jerome Powell I believe it was uh you you do have some members of the US Supreme Court who are very opposed to it. They’ve been trying to roll it back. Um but on that point, some have argued that the big corporations, they intentionally will even lobby uh some of these agencies to create right regulations in order to make it more difficult for newcomers to compete in the market because there’s so much regulatory bloat that it’s almost impossible to not violate a regulation. you’re talking like stacks and stacks of regulation. Uh it’s almost impossible to not violate something. And so only only big corporations are going to have the legal department in place like all the lawyers to keep track of all the regulations and to have what they call compliance. So that they’ll have entire like compliance departments and then what do they do? They will they will sometimes work to litigate against their competitors. And so they will say, "My competitor is in violation of this regulation." Then the agency that controls that regulation will go after their competitor and fine or shut down or make it very hard for their competitor to compete with them. Uh and so the argument is those regulations have the effect of making it so you can’t compete in in many markets. You cannot compete. Uh it’s too hard to uh again be in compliance. You don’t have the you don’t have the the legal knowhow. You don’t have the lawyers. You don’t have the compliance department. And the other side of it is you have a lot of back and forth between the agencies and the leadership positions in those in those businesses. Uh which is also something that the Trump administration has been very critical of. So for example, you’ll have the heads of a government agency and the heads of that agency used to work in the businesses and they still have ties to the businesses or they they do advisory work for those businesses to still and the the concern is conflict of interest. or they leave the agency and they get a you know a vice president job in the business that they used to litigate that they used to regulate I mean right and so it raises a lot of concerns over conflicts of interest right uh and the question becomes if you’re in one of those positions and you do something that harms the interest of the business you hope to get a job with in the future does that incentivize you to protect the interest of that exact business. And if they’re allowed to lobby you, if they’re allowed to have you as an adviser even while serving in your position, does that create conflicts of interest which have the result of creating an anti-competitive state? So when Trump signs these executive orders, which which he just did, the one I showed you today, um about getting rid of, you know, regula regulations that interfere with the um the free market, part of it, a big focus was the legal legal warfare type stuff, but it ties into the regulatory state. Um, and if you go back, I I know I sound like a broken record on it, but Austrian economics and the argument of state interventionism. Um, that’s exactly what it refers to, state interventionist policies, which undermine the very nature of the free market. You don’t you do not have a true free market if you have state interventionism. And and I know some people might question, well, are not are are tariffs not state interventionism? Te technically they are, but I think the argument from the Trump side is that we we there are tariffs from other countries already in place and so we’re not in a free market. If you want to have a true free market, at the very least you need you need to have a counterbalance to bring back the balance of the free market. And I think that’s why the narrative of um of reciprocal tariffs is in place because what they say they’re doing is restoring the free market by restoring balance by reciprocating the imbalance. In other words, if another country has intervened in the free market and put it put a 50% weight on one side, you need to put a 50% weight on the other side to balance it out and restore the market to a balanced state. And so even though it technically is state interventionism, the goal is to get rid of state interventionism, which is which is where they’re at with the renegotiations. Um, at least trying to understand where they’re coming from. This is this is the way that I think they’re thinking about it. Um, I know people would some would argue otherwise, but um, in my understanding, this is this is their this is what they’re doing with it. TZ Burton, you’re saying my company has a plant in China. Then on the company profile, they talk about DEI, diversity, equity, inclusion, ESG, environmental, social, governance, and how they’re going to meet 2027 net zero goals, yet they are silent on CCP brutality of minorities. Yeah. Well, and and that was that’s been one of the big arguments. Hey, um, you know, this company criticizes America for the history of slavery, but they have no problem using the garment industry in China to manufacture their products, which is which is mostly done with literal slaves. Um, a lot of the a lot of the garment industry in China is Muslim slaves. It’s Muslim weaguers. They’ll criticize the picking the cotton. Did you know the cotton industry in China is mostly a slave trade? They use Muslim weaguer slaves to pick their cotton. And so all these big companies saying Chinese cotton uh how dare America, the evil American uh you know, our founding fathers and the slaveowning George Washington, you know, we need to fight back against this. And they’re literally using slaves in China to pick their cotton and make their products. Yeah. Uh, preach to me more about your moral high ground. Um, you know, it’s the same thing with like Halloween decorations or Christmas decorations. A lot of that is done by Chinese slaves. Um, I’ve heard horrible stories of like the pistachio industry in China of like slaves in prison camps breaking pistachios and their hands are like bleeding on the food products. I mean, crazy stuff like that. So, yeah, preach to me more about about uh about ESG. Um, it’s ridiculous. You know, Andis Caner Freedom brought that to the forefront. Remember Andis Caner Freedom, the NBA player? I mean, he I actually I saw him recently at Mara Lago. I was at I was at an event at Mara Lago. I ran into him. Uh but his Caner Freedom, what did he do? I I I I believe he I believe he’s Muslim, right? But he wrote a message on his shoes in opposition to the Chinese Communist Party’s use of Muslim slaves in China. Right? All he did was wrote on one of his shoes a message against literal Chinese slave labor. Now, the NBA, while you have people kneeling at the national anthem, and they’re talking about, you know, reparations and slavery in America, they’ve made this their big hill to die on issue, and then a guy comes out and criticizes modern-day slavery. What happens? He gets punished. He was punished for that. And so, the question is, well, was this really about slavery or is this about money? Is this about slavery or is it about your business interests in China? And is the Chinese Communist Party manipulating business interests in ways that undermine the values these companies claim they care about? And if they don’t really care about it, then why are they telling it to us? Why are they using it to attack our country? Why are they using it to undermine our founding stories and criticize our founding fathers and criticize the values and the culture of our country when obviously they do not care about it when it comes to issues that involve their pocketbooks like business with China. So it’s a bunch of nonsense in my opinion. Absolute nonsense. U I’d say it’s all about money. It’s all about business. And these people, frankly, if you have no problem having slaves in China, uh there’s something wrong with you, frankly. And you know, they can talk all they want about historical persecution. If you’re doing business with a country that harvests the organs of religious believers, you have no moral high ground to preach to us. None. Absolutely. And so, it’s a bunch of nonsense, right? Yeah. Anyways, folks, uh the trade war is popping off. Uh, it’s going to get probably bigger. Uh, the CCP has now matched America’s new tariffs with even newer tariffs, and we’ll probably watch Trump match those tariffs with even newer tariffs maybe today or tomorrow. Uh, I don’t know how high they’re going to make this before the tariffs are like a,000% or 2,000% before they just say, "Hey, um, why don’t we just not trade with each other at all because it’s just about as good, right?" Um, I don’t know where this whole thing is going to end. Uh, get ready for the ride. That’s all I can say. And also get ready for the US to start looking for alternative places to manufacture that do not involve Chinese companies because uh that is going to have to get built now. It might be a painful year I’d imagine or at least the next three months. So get ready for the get ready for the ride folks. Strap in and I will see you again. Uh today’s Friday, so I’ll see you on Monday. A quick reminder, we do our new show. It airs tonight. This is uh prime time. So, if you haven’t seen Prime Time yet, be sure to tune in. Or if you have seen it, tune in yet again. Uh, that’s at 8:00 tonight. Epic Times and NTD. We both do it. Uh, the show is, you know, more laidback. It’s it’s myself and Roman Balikov, Tiffany Meyer, uh, Chris Bob and Cindy Drew here from NTD. Great show. I enjoy doing it. We have a lot We have a lot of fun doing it. So, be sure to tune in tonight. Watch that. Have a good weekend, folks. I’ll see you on Monday. In the meantime, don’t forget to like this video. It really does help us on the algorithm. So, please like this video and I will see you again on Monday, 10:30 a.m. Eastern time. That said, folks, please take care of yourselves, stay informed, stay free. Thank you. [Music] [Applause] Experience Free Speech

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