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Valuetainment

"Who Needs Who More?" - Richard Werner REVEALS The U.S. vs China Power Struggle In Global Trade War

Valuetainment

Valuetainment Episodes

Business

4.81.7K Ratings

🗓️ 10 April 2025

⏱️ 15 minutes

🧾️ Download transcript

Summary

Trump shocks the world with a 125% tariff on China as Europe follows suit in a growing trade standoff. With global markets surging and China digging in, the high-stakes question remains—who blinks first?


Transcript

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0:00.0

This morning, we get word that China announces 84% tariff on U.S. good in showdown with Trump.

0:09.1

Okay?

0:09.6

And Europe also hits back.

0:11.2

You'll obviously give a little bit more intel on this.

0:13.5

Then the president, do you have the Europe on here as well, Rob, or no?

0:17.4

Let me see on the story you were just on.

0:19.8

Yes, this has Europe in here as well.

0:21.1

If you can go a little bit lower, let's see what Europe's is.

0:25.8

During the Vietnam, Europe Union announced it would begin collecting retaliatory duties on U.S. import starting Tuesday. Okay. All right. And that's fine.

0:35.4

So now if you go back to Trump's tweet, here's what Trump puts on truth social.

0:40.4

And this is as a two and a half hours ago, three hours ago.

0:45.1

Based on the lack of respect that China has shown to the world's markets,

0:49.3

I am hereby raising the tariff charge to China by U.S. 225% effective immediately.

0:58.9

At some point, hopefully in the near future, China will realize that the days of ripping off the U.S. and other countries is no longer sustainable or acceptable.

1:08.4

Conversely, and based on the fact that more than 75 countries have called

1:13.5

representatives of the U.S., including Department of Commerce, Treasury and the U.S.T.R, to negotiate

1:19.7

a solution to the subjects being discussed relative to trade, trade barriers, tariffs, and currency

1:24.9

manipulation, and non-monetary tariffs, and that these countries

1:28.7

have not, at my strong suggestion, retaliated in any way, shape, or form against the U.S., I have

1:35.6

authorized a 90-day pause, and a substantially lowered reciprocal tariff during this period

1:42.7

of 10% also effective.

1:44.9

Immediately, thank you for your attention to this matter.

...

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