White House Press Secretary Karoline Leavitt and Treasury Secretary Scott Bessent hold press gaggle outside the White House. US Treasury Secretary Scott Bessent gives details on the China tariff increase and the 90- day tariff pause on other countries.
As outlined in the press remarks, 75 countries have contacted the White House to renegotiate their access to the U.S. consumer market. Secretary Bessent noted, each of these new trade agreements needs to be handled independently and “President Trump wants to be personally involved in each one. That’s why there is a 90-day pause.”
Bessent revisited his prior comments and warning to global trade partners about not retaliating to last week’s announcement. The hostile response from China was the triggering mechanism for the tariff increase. WATCH:
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WINNING
World wins with MAGA USA
God Bless PRESIDENT TRUMP
FAFO back in action! 💥🇺🇸💥🇺🇸💥
I wonder if it could trigger regime change in China?
They will not go down without a fight including potentially military action.
President Xi does NOT control the Military nor the Communist Party. Xi only enjoys being their CEO of choice for the moment. There will be no going down without a fight. The Communist Party and Military are the Board of Director for China Inc. as they control the Financial Holding Companies that own China Inc.
The Board of Directors will likely NOT replace President Xi unless they want to re-start at square #1 negotiating with President Trump and his Team. Starting at square #1 would prolong the financial loss for China Inc.
Face and Personal Relationships have meaning as well as value within the Chinese Culture. Plus, the Communist Party and Military leaders are businessmen first and foremost.
Is it still true that China holds a large portion of US debt and can call for its payment at any time?
No. They own about 10% of U.S. treasuries down from 20% in years past. Treasury bonds are not callable. They mature when they mature and until then, they collect coupons like everyone else
Yes and no. They can sell US Treasuries into the market at anytime (it is, shamefully, the largest bond market in the world) and it is widely reported that they have been doing just that. In addition, they can also pause their buying which would also send rates higher.
10% of of bonds is over $3.7 trillion worth of bonds. Not chump change and would impact rates if they sold en masse.
The second leg of the trade, however, would be to then sell the dollars they receive from selling the bonds and buy another currency, presumably their own, but could be anything (including just holding onto the dollars). Their currency has weakened a huge amount against the dollar. Selling their dollars and buying Yuan would be supportive of their currency, but further make the pain of the tariffs felt.
Basically, they are screwed.
“The second leg of the trade, however, would be to then sell the dollars they receive from selling the bonds and buy another currency, presumably their own, but could be anything.”
They have been buying gold in considerable bulk for quite a number of years now.
Sgt Oddball: I stand corrected, and you are right. They don’t have to buy currency with their dollars. They can use those dollars to buy any other dollar denominated asset such as gold or oil or…
But does anyone really know how manipulated the gold market is?
Trump’s Tariffs … and the 75 Nations lining up to make Best Offers … which will necessarily include Commitments & Tracking Mechanisms to ensure they don’t operate as Chinese-Export Intermediaries to avoid USA Tariffs … are driving YUGE DEVALUATIONS of China’s Exporting Companies [guess how few DON’T export] .
Heard earlier today that China’s apparently having to LIQUIDATE holdings of US Treasuries to FUND SHARE PURCHASES to prop up their Export Companies’ valuations.
FAFO.
Didn’t Bessent say something about a very successful treasuries auction held today?
that isn’t the whole story….they can “trade” treasuries for certain “deals” and trade advantages. as well, they can utilize Treasury holdings to actually get massive highly leveraged loans…from…you guessed it…the USA.
I wish I had this kind of access to my own bank. I really do. I could figure out a way that the bank ends up selling its debt, I then put that up as collateral and then basically call a 1:9 loan on it.
this is EXACTLY what china is doing.
and you know who taught them these gimics? bankers in the US.
who then take out positions in Chinese exchanges with a no loss position on the basis that these same Chinese companies will never fail.
that’s how It works in Lego speak. obviously, I have very little knowledge of the sausage making process…but I know my sniffer works.
God Bless America
…- Owe the bank $100, that’s your problem; Owe the bank $100*Billion*, that’s the bank’s problem…
China Inc. and even the EU Members may still hold US debt instruments but calling in the debt is not as simple as it sounds because the debt instruments ALL have rules, regulations as well as terms and conditions with respect to repayment or pay-outs.
Holding US debt can be a 2-edged sword.
Plus, as was reported and discussed here …. there were rumors and speculation that China Inc. as well as possibly Russia and EU were dumping US debt instruments in a attempt to discredit the US Dollar as the world’s reserve currency.
So … which is it?? Who knows the truth anymore. The pundits and a few of the “critics” here on CTH can’t have it both ways.
Calling on debt depends on the terms of their notes I believe. If they purchased say, 30 year bonds, I believe they must wait or receive a discounted rate.
So China ‘sells’ all its US debt. It receives electronic IOUs ‘ie electronic cash’ in return, paying no interest.
China, doesn’t have an open capital account, meaning its currency is worthless outside their borders as a result.
It imports over 40% of its energy and food and must pay US dollars for it.
No domestic China Inc. oil/gas, No Foreign Wars.
Yeah, China Inc has about 1600 coal fired power plants and coal,… but their mil hardware doesn’t run on battery power, so I doubt the CCP Mil Leaders are about to start a kinetic war sans reliable sources of O/G to sustain the effort.
I meet the Chinese female Director of China Power at the World Power Conference in Amsterdam in 1989 who told me they had 150 coal fired power plants on their drawing boards and plans to build one a week.
I worked for a TX based digital control company that supplied digital controllers of gas/steal turbines for power generation plants and she wanted to buy beaucoup controllers as our completion in Denver only had analogue controllers that were far less efficient.
Ours were triple redundant, so you never had to shut down the turbines to replace a faulty controller – very expensive power/$ loss.
Our US State Dept had a call on any sales to China then. State even controlled under a special license that we needed and got to take our controller cpu chips to Amsterdam for fear of Others acquiring our advanced chips and tech.
So, yeah, China has lots of coal, but is still very dependent on foreign sources of O/G.
They also know PDJT has all the O/G he’ll ever need to protect the USA and its Interests.
The interdependent nature of global trade is very complex and it’s hard to imagine anyone emerging victorious in a serious war.
I also like how PDJT’s team is focused on the ‘balancing’ trade. It’s never-ending trade deficit that has hollowed out the US.
Still, we also need to protect strategic industries and also afford other nations to do the same to a certain level of domestic needs.
Bonds have a fixed maturity date. They are not “notes payable upon demand.” If Chinese interests decide to “dump” their bonds at a discount to others, then that is what they will do. If they decide not to “roll the debt over” by preserving the face value of their investment with the purchase of “refunded bonds”, then the USA must issue bonds to other willing buyers to cover the redemption of the debt held by China or by others to whom China sold US debt that China held previously who do not wish to “roll over” those bonds with refunded bonds.
“Is it still true…” – Your statement was never true. While they do own debt, it is not callable. Also, most of the federal debt is owed to US investors and the Federal Reserve.
Even if true (and IDK if that specifically is true), the U.S. can tell them to go fly a kite.
Theoretically, President Trump could recover the trade imbalance AND decades of stolen Intellectual Property by zeroing out all debt owed to China and also possibly seizing all of the Real property they own inside the U.S.
But those actions would probably be the last, most severe moves the President would want to take due to the impact on U.S. credit rating. It does, however, highlight China’s economic vulnerability to the U.S.
largest among countries buying it.
you and I owe the most
And then what would they do with all the dollars they collect from us buying their crap?
I’m no international cash flow expert, but
Are they going to buy our tradeable stuff? no, they don’t like that
Are they going to buy our properties? nope, we are increasingly not liking that
Buying our fungible debt IOU’s is their best alternative.
One of the reason other countries own so much of our debt is because of the trade imbalance. They don’t buy goods from us, but they have to do something with the dollars we gave them, so it goes into debt by default. By balancing trade, there will be less buying of debt, and more goods.
I think they’ll attack Taiwan and wait for us to rush in. No idea if Trump would take the bait.
I think you’re right about that. President Xi is the face, but does not speak without direction. It’s an oligarchy, not a monarchy. President Xi will remain.
China is a$$ole… no military only bluffing a$$ole
I heard that spoken with a Chinese accent. 🤣
Including virus releases.
In the case of China I wouldn’t expect improved relations with the US, whether it’s Xi or a successor.
There are position changes that point to that
China and the EU, simultaneously.
Both are precarious,…both depend on keeping their people fat and happy, with $ stolen from the U S.
“Conmunism stops working the minute they run out of other peoples money.”
What the CCP leaders are afraid of, is a people’s revolution if enough Chinese people become unemployed because of these tariffs They cannot last if these tariffs go on for 2 or 3 months. That is why they will come begging.
It’s amazing when the cognizant adults are in charge. I try my best not to buy things made in chyna, but sometimes it’s impossible. When I buy hand tools, I go to the local Snap-on dealer for those. They are expensive but I only buy occasionally what I need. If a tool says anything but “Made in USA”, I won’t touch it.
Buy Cheap,… get Cheap!
This is textbook, smashmouth foreign policy in real time.
How do you like them apples Panda-puss?
If PDJT47 wants maximum pressure on the ChiComs, announce a plan to lay the same tariffs on their trading partners as the ChiComs lay on us. Make the world choose.
I posted on the last article that I believe Xi wants to decouple from the USA as much as we do. Xi will blame the pain on US aggression and appeal to Chinese patriotism.
That is essentially anti-globalism. Russia was decoupled involuntarily from the world economy and it has greatly worked in their favor. This is something the elites don’t want to see happen, however all human progress occurs when groups of people compete (short of war) with one another. When there is only “one team” or “one party” stagnation is the result. There are only a few countries on Earth that can exist independently, Russia is one of them and the United States is another. China and Europe however don’t have the natural resources to exist like that and must remain coupled to some extent, hence it is pairing itself with Russia.
Which unnatural coupling PDJT is uncomplicated.
Russia will be a Most Favored Nation trading partner.
We will unite across the Bering Strait with The ReOrient Express.
ReOrient Express, I LIKE it.
And, for those clamoring for Justice, the bastids inside the walls, are just agents of the enemy, and if this destroys the enemy, they are left rudderless.
Destroy and duscredit Globullism and they have no refuge, sanctuary or sponsor.
Forget the River
Forget the Sea
The entire World
Will soon be Free
Love that, both of you!
Now there’s an infrastructure project I could seriously get behind:…
https://en.wikipedia.org/wiki/Bering_strait_crossing
Oh BTW, Maquis, I’m coming late with this but I’ve been hella busy IRL and I couldn’t find you in the open thread the few times I looked: – Back along, a week or so ago, when I posted my comment about Lockheed’s skunkworks head honcho Clarence ‘Kelly’ Johnson in the piece about the F-47, it was already late in the day and that thread was running pretty stale, so I wasn’t seriously expecting any responses…
…- Checked back in the next day, tho’ and lo and behold!… – Your Airforce days anecdotes about working on the U-2 made for fascinating reading and I only regret I didn’t get the chance back then to pick your brains some more over them… – Still chuckling today over the mental image I have of you guys sprawled out on the hangar floor, pouring over 12 foot long blueprints of the bird, tho’… – Did they come as scrolls, by chance?… 😉
…- Anyways, thanks once again.
Folded, believe it or not, the entire project was in filing cabinets!
Glad you got something out of that, really miss saving the world, as well as seeing the world in the process.
Da, we really need to sideline our antagonists and see what wonders we can build together.
Thanks, Maquis and *Amen* your last:…
I disagree. What incentive do they have for decoupling? They benefit from trade far more than we do. They lie, cheat, and steal, and we continually allow them to get away with it.
The Conspiracy surrounds us, penetrating and using our neighbors against us, preying on our markets, openly covets our farmland, and we are to believe they want nothing more than to walk away?
Less than credible.
What about the EU?
They are every bit as “bad” as China.
Frankly, we need regime change in both China and the EU.
The whole purpose of the EU, is ostenibly be a TRADE association, to combine the market of Europe, to negotiate trade deals with rhe U.S.
Agreed. Sundance posted that Von Der Leyen wanted to coordinate EU response with China. Seems like both are Marxist entities and both equally evil.
Perhaps President Trump is going to divide and conquer. Take care of enemy #1 and then tackle enemy #2?
DD
They are both led by the same outfit that leads your country.
Topple the Crown
Free the World
What about the cheerleader? 😏
All roads lead to Langley, except the one that goes from Langley to the City of London.
“Today, we settle ALL family business “
So very long overdue.
Topple the Crown
Free the World
There is the reason the ‘insiders’ of the Royal Family, call themselves “The Firm”.
Ooh, the Holders of the Crown have a pet name for themselves?
But of course they do.
Break China and the EU/Globalist agenda gets rocked back by decades if not a century.
The Banksters NEEDED China as the new global hegemon and backbone of their World Order. The EU was already on its glidepath into the mountainside thanks to their de-industrialization and import of savages so they needed someplace stable to park their wealth. That stability just got blown to heck and the parasites have nowhere safe to run.
Break China and the EU’s threat becomes much easier to manage.
Or, force the EU to show THEIR Dragon face, and then tank the EU at the same time he tanks China?
Economically, militarily, politically the current EU leadership are in horrible shape, won’t take much at all to knock them over.
Exactly, we should be requiring all trading partners to have a functioning Representative government.
Putting your political opposition in jail, or putting people exercising free speech in jail should be punished.
From the 40,000 ft view, this cold war between Representative Nation States and Global Oligarch Marxism.
The EU got a big fat hint that they can start by buying $350 billion annually of LNG. That’s just to get started. The EU is so lame!
Trump says EU must buy $350B of US energy to get tariff relief – POLITICO
So if I am reading all this correctly, the 10% tariffs are to “keep the pressure on” those 75 other nations to come to mutually agreeable terms? They may or may not be rescinded depending on the outcome of bilateral negotiations?
And the China tariffs are to 1) retaliate and 2) set an example in case any others want to FAFO?
Correct on the 125% vs China Inc.
The 10% not only keeps the pressure on the 75 negotiating with the US … but acts as the starting point of Tariff and Fair Trade Negotiations for all the nations.
I guess it also smokes out who wants to play fair (potentially) and who wants to be asshoe.
Chyna is asshoe.
True,…. China Inc can’t transship thru other Asian neighbors now who will soon agree to President Trump’s new Trade Deals with each of them, and I am sure Trump will stop China Inc.’s fraudulent bills of lading for products shipped directly from China that imply being transshipped via VN, Cambodia, etc.
No more Panda cheating to avoid our China Tariffs and enter and flood the USA markets is in the works now. Sic’em, Donald.
I think the 10 percent tariffs are baseline for all countries and are permanent to generate revenue.
Keep in mind: The USA is merely saying we will do to you what you do and have done to us! And look at all the angst created in the minds of the leaders of these other countries!!!! China has become the exception: The USA at 125% is punishing China for, in essence, saying the USA cannot do to China as China has done for decades to the US by way of high tariffs. Of course, another issue: even if both China and the USA reciprciated with zero tariffs, how much would the Chinese people buy anyway??? Serfs typically don’t possess much discretionary income.
This is to isolate the CCP from the rest of the world.
In a perfect world, the CCP undergoes a revolution and begins a pathway towards what Taiwan achieved.
yes.
and the whole thing was to target eu and china.
“When inflation rises, or is projected to rise, investors assume the Federal Reserve will tighten monetary policy to wrangle rising prices, leading to higher interest rates. Treasury yields often follow in tandem as bond traders demand greater returns to offset the decrease in purchasing power due to inflation.
The opposite effect happens during times of slowing growth, as investors race to gobble up bonds to protect themselves from a deteriorating economy and subsequent rate cuts from the Fed.
That’s why the stark surge in yields has been confusing to Wall Street watchers.”
https://finance.yahoo.com/news/investors-grapple-with-bond-chaos-as-long-term-yields-soar-in-aftermath-of-president-trumps-liberation-day-111901670.html
Those ‘reporters’ are all googling “What the hell does “bespoke” mean, lol.
(it means taylored)
I need a bespoke woman but they never listen.
😅
Meriam Webster….”custom made”…
I would say that I am available but they ‘broke the mold’…one of a kind that most cannot tolerate, LOL.
I like what I’ve seen so far.
LOL. So true.
I think this whole tariff situation has revealed the low intellect of the legacy media, including and especially CNBC.
So impressed with Secretary Bessent !
Time to end the CCP!
Don’t forget about the Marxists in Europe jailing their political opponents. The US is infected with Marxists as well.
Free the Chinese people.
“China is azzhole!”
Squeeze the panda until it pops, spills its guts. Let the feckless, toothless dragon eat its entrails.
A world-wide pandamic 🙂
… – Might lead to global pandamonium…
Excellent, Sarge…!
Why thankyou, Aggiegirl… 😉
…And thanks also to WORDMAN™-sensei for the continual inspiration…
Keep Pandaora in the box!
One of President Trump’s greatest qualities is the ability to keep those who oppose him, both foreign and domestic, off balance.
There are many who do not understand this, and so they set their own hair on fire as we’ve seen over the past week.
Cruz, Paul, Bacon??
Yes you…and more who are incapable of appreciating this man’s incredible talents, the power of negotiating being just one. So they mouth off.
Up, up, and away goes the stock market, which is all they are concerned with…while middle America so abused and destroyed over the decades with no representation in the fetid , self serving halls of DC power cheers that finally we have a champion in our corner working for us!
First innings under his belt…onward
We, your MAGA army, are with you, Mr President 🇺🇸
“Treat your men as you would your beloved sons. And they will follow you into the deepest valley.”
~Sun Tzu~
Amen!
Depends on where the above have their money invested.
“Their” money?
Could be their Globalists’ $ that buys their influence and public political posturing now?
And where does THAT money come from, my friend…
Not one penny earned beyond their taxpayer funded salaries I’ll bet.
When USAID was made defunct, I could swear I heard screams around the globe.
(So good to see you, DaPicayune…our paths haven’t crossed as of late. In fact yesterday, as chance would have it, I was wondering to myself where you were 😊)
Been too busy taking care of Dr. DaPic, a 20 year cancer research MD, who is taking chemo infusions for the last 12 months.
Can’t hit the keyboard as much as I would like, especially now that every day is filled with marvelous and exciting positive performances from President Trump,… and the world’s crazy reactions. Roll Donald.
So far, so good,… but with our continued prayers and crossed fingers. Chemo is very hard on the body, especially the immune system that can leave you vulnerable to other infections.
TY for asking!
YES….THIS…..
& Perfect quote btw, Betsy…I expecet nothing less……😉
😘
The Trump Administrations’ eyes on on the BOND MARKET not the Stock Market. Thanks to Janet Yellen the US Treasury issued a huge number of short term T-Bills (6mo, 1 & 2 year) that are now coming due. It was a timebomb left for the Trump administration. Apparently the Biden administration hoped that Trump would have to issue new T-Bills at a very high interest rate and bankrupt the country:
United States: Huge Debt Refinancing Remains 2025’s Biggest Challenge
By 2025, the US Treasury will need to refinance around $7 trillion of maturing debt. This enormous amount coincides with a period when bond yields are once again on the rise, further complicating the situation.
https://goldbroker.com/news/united-states-huge-debt-refinancing-remains-2025-biggest-challenge-3483
However, when the Stock Market crashes T-Bills become the preferred form of investment and the government can offer lower rates because there are so many buyers:
Bonds are back in market crash, but the way investors are buying fixed-income has changed
Bonds are doing what they are supposed to do in a crashing market: offer investors a lower risk option as stocks tank and volatility rises tied to a new bout of global uncertainty, in this case President Trump’s tariffs.
https://www.cnbc.com/2025/04/07/bonds-are-back-in-market-crash-what-investors-are-buying-changed.html
So, when Trump says he is not worried about the Stock Market at this time, that is why. Once the debt is refinanced in 10-20-30 year bonds at a reasonable interest rate, Trump will begin worrying about the Stock Market. So things are going as planned… there was no way to refinance all of that debt with a red-hot Stock Market competing for investor’s money.
PS: People don’t realize it but when a government owes $36 trillion dollars is is their debt. They complain when the Stock Market goes down and never celebrate that the government can refinance its debt at a reasonable interest rate. If they got a letter in the mail each month that told them what their personal share of the government debt was, they would more clearly see the connection to obtaining reasonable interest rates in the bond market.
Yep 👍🏻
#3…China.
Over target.
That’s great.. lol
I see that after I posted this, Edink had done the same on page 2, Elle.
Can’t tell you how I admire those people who come up with these brilliant memes.
I mean, just brilliant.
Ironically, the only way to pay this back in ‘real’ terms is for the US to run a significant trade surplus, which would drain the Euro dollar system dry, causing international debt defaults.
Dang that Bessent, he’s such a media whore!
And whats up with his hair, and that tie?/Sarc.
That man lives and breathes economics. He’s amazing.
He better be careful.
If he cuts in on Bondi’s action too much, she will fire him.
Why isn’t he back in the office supervising the bond market minute to minute? What is it going to take for Wall Street to be held accountable? Why hasn’t Deutsche bank gone bankrupt yet? It has been weeks!!!
Clearly, he isn’t doing the job. He must care more about his tie color than doing his job, being on TV all the time like this!!!!! Darned Media wh**e!!
/sarc
It looks to me like somebody made an effort to get the team speaking with one voice, and making things clear.
Karoline Leavitt seems slightly out of breath.
I fully understand that not every aspect of these new policies was nailed down tight. I’m not stupid. However, the White House was all over the place on this.
This is much better.
if it tricked someone.. it was done perfectly.
uncertainty is great. the leverage he has after the demonstration of pain is better.
all knowing all he had to was wait days for china and eu to publically bite back, then the step today would be done.
” do not retaliate”
Elon declares victory over the Navarro faction
Elon and Navarro are running rope-a-dope, good cop bad cop, on Xi aiming their public rantings right at his head. No way they are not communicating their messaging together.
If Tesla was in fact, the most ‘North’ American-produced car, then it would benefit the most from decoupling from the CCP. My guess is he knows, like Navarro does, that the ‘North’ American parts are pass-throughs from the CCP.
Agreed.
Kayfabe.
Xi v Trump kayfabe too.
Tag team rope a dope.
WWE at its best.
https://x.com/elonmusk/status/1910030852022755616
Get to the back of the line Comrade ………………….
Exactly my first thoughts, Sundance.
Uncanny how you read my mind, lol.
And hey, don’t forget to breathe, Sundance!
This is heady stuff!
We bin knew!
The unsolvable unstoppable war, over in a coin toss, whose outcome to PDJT was never in doubt.
Plus, not preventing the EU Marxist political opposition from winning and restoring free speech in Europe.
PDJT is using the US economic leverage to take out the Globalist Marxists everywhere.
We should also stay laser-focused on the Marxists infecting the US. We are just one stolen election away from the nightmare that almost occurred in the US.
It’s hard not to see the hand of divine providence in this, especially considering the two attempts we know of on PDJT life.
What a difference…..Janet Yellen versus Scott Bessent.
Custom made.
Or in PDJT’s case, Taylor Made.
Yep, Dumber/Dumber (what inflation?) vr The Pro!
bingo on you saying the trigger to raise tariffs ( and pause) was china retaliating.
target was masked by an everyone approach and he also gets to renegotiate with every country ( huge bonus)
Hope the President finds time to negotiate with Speaker Johnson and Senate Leader Thune on the outrageous spending bill!!!
This is also important because with a lower trade deficit, this new dollars will not be ‘exported’ and thus create domestic inflation.
And the bespoke negotiations can include not allowing their country to be used for trans-shipping goods from China (thats obvious) but could even include, much like he did with Iranian oil, insisting they have NO trade with China.
If he’s “going for the kill” on China, that would be the way to play it; isolate China by insisting every country we trade with, be WITH us, and AGAINST China in this “trade war” ..
Kudos, Sundance for pointing us to the queue.
Trump’s Art of THIS DEAL will turn THE QUEUE into the most powerful Leverage-Generating TOOL in GeoEconomic and GeoPolitical global history – no kidding.
Spitballing on the breathtaking Art of THIS DEAL:
• In just 2 weeks, President Trump literally took up FREE PARKING in the minds of Worldwide GLOBALISTS and EVERY Nation’s Leaders, Administrations, Legislatures, Financial Sectors, Retail Sectors, Industrial Sectors, Oligarchs, Corporations, Supply Chains, Logistics Networks, Investors, Business Owners, Working Classes, Families and Friends.
• He brought it to a head with his Retaliatory Tariffs that literally consumed Worldwide AIR TIME.
• Yesterday, SHOCKED the WORLD by amplifying it with his 104% Incremental Tariff on CHINA … the greatest Industrial Power on the Planet.
• This morning, he ENGAGED the WORLD with his 90-Day Pause
—> As he GRACIOUSLY gave them TIME to ORGANIZE a Dealmaking Team
—> By simply LIMITING the Retaliatory Tariffs to ONLY 10%
—> While LEAVING all other Tariffs in place
—> Giving EACH of 75-and-growing Nations a shot at working through THE QUEUE to cut a DEAL
—> Before the 90-Day DEADLINE EXPIRES and the Tariffs REINSTATE for every Nation without a DEAL!
• [IMO] Only NATIONS can enter THE QUEUE.
—> The EU and BRICS cannot enter THE QUEUE.
—> This invites CRACKS in their UNITY.
• Every Dealmaking Team must structure their BEST OPENING OFFER to EARN entry into THE QUEUE
—> But only the BEST OFFER among 75 Competing Nations gets the Pole Position!
—> Any MISFIRE can put a Nation at the Back-of-the-Pack.
—> So Trump has EACH Nation competing with ALL other Nations to enter THE QUEUE!
• Trump will ONLY cut his FIRST Deal with the Nation making the BEST FINAL OFFER.
—> Forcing EVERY Follower-Nation to develop a BETTER DEAL than all Predecessors!
—> Creating a Desperate RACE to be FIRST and FASTEST to cut a BETTER DEAL!
• The RACE to be FIRST drives EVERY Nation to INNOVATE-and-COLLABORATE with the Trump Team.
—> Deal PREREQUISITES can include INVESTMENTS in USA Re-Industrialization
… Will Japan and South Korea stand up a USA Ship-Building Sector?
… Will Japan, South Korea and Taiwan contract to Build-and-Buy from an Alaskan LNG Complex?
… Must Investment “Commitments” be SECURED with a PURCHASE of US Treasuries?
—> Deal PREREQUISITES can include USA Access to Critical Resources like Rare-Earth Minerals
… Imagine Denmark forced to donate Greenland before any EU Member-Nation can enter THE QUEUE.
• SLOW-RACERS may be need to REVOLUTIONIZE CONCESSIONS to earn Deals before the clock runs out!
—> Will they need to TRANSFER FACTORIES to eliminate Trade Imbalances?
—> Will they need to EXPORT SKILLED WORKFORCES to Earn Deals?
—> Will NO-DEAL Nations be left to pay ESCALATING TARIFFS that fund USA Tax Cuts?
President Trump’s use of THE QUEUE will devastate Opponents and enthrall Trust-in-Trumpers.
Mr. Cool
Can Mr. Cool now resume his planing for our Nation’s 250 year birthday party celebration next year,…. cuz when he seals his new trade deals and expands our jobs and econ expansion, the Mid Terms will be his Win.
Poor Marxist Dims,…. nothing but bitter rage, sneering, spitting, public vulgar cursing and No Plan at all now.
This was the play all along. Trump is an expert at getting his opponents to expose themselves. And now he has the world coming to offer him a better deal, while isolating China.
Didn’t the EU retaliate with tariffs?
Or was that just a threat?
If I recall the blow-by-blow correctly, that was only their first threat, uttered by that woman who looks like Frau Blücher.
She next about-faced to saying they wanted zero tariffs, but also said they planned other measures.
In other words, they still wanted to keep their markets slammed shut with various tricks.
I hope I got all that right or at least sort of close…
Who started COVID?
Not sure who you imply started covid, both US and chyna maybe? but….Remember all the ‘publicity’ over the things chyna was doing to ‘combat’ the virus? Welding people into their apartments, spraying them down with disinfectants, building hospitals and portable morgues, martial law, not letting people shop for food, to name a few…
It’s falling like a ton of BRICs.
Is President Trump going to offer China and Xi a way out,…or is he going to say “Remember that China-virus you unleashed on the World?
PAB, Paybacks A B*tch.”
And this time if they dare try the lab leak again, Trump will clamp the borders down and everyone call call him racist all they want. They already think he is.
That was a joint NWO, WEF France, Uniparty effort, Hu Jin Tao(?)
Decades in the making.
In the meantime, China got hit with at least 2 gain of function viruses (pig Ebola, corn), not to mention geoengineered flooding.
Accountability all around seems in order. Xi has his ways.
We need to exercise ours. McCabe’s Porsche on blocks, and Fauci’s neck in a gallows noose. The list is very ,very long. [Peter Marks]
Never forget.
Well, that would lead back to Chapel Hill and the CYA . . .
Of course, while all roads lead to Langley, we’d need a boat to finish the job, including that of assigning responsibility for Coupvid.
Do we really want to go there?
Can I get a HELL YEAH?!
HELL YEAH!!
“And that’s the bottom line, because Stone Cold said-so!”
Oh, HELL YEAH!!!… – Nuremberg 2.0, Baby…
Good grief will folks please get informed our own CIA was involved in that virus inspired by TPTB
We had a hand in that
China’s fight to the end may reach the end quicker than Xi anticipated.
‘Fight to the end’… – Of next week, at the latest…
😂
Cost of an import bond likely increasing. A single entry bond covers entered value plus duty. Continuous bonds are based on the prior year. But obviously not going to be enough. Port Directors can raise or lower the surety amount. The trend in
last years was to set them low.
An example: . An importer using a customhouse broker makes a consumption entry. His shipment clears and he picks it up (ID or immediate delivery ). He has 10 days to pay the duty. So (to simplify), a $100,000 is dutied at 125%, he owes $125,000.
What if he can’t pay it? Well. then the surety has to cover it. But its likely insufficient if based on the prior year. It may be that CBP is requiring duty to be paid before release (live entry).
Emet: I appreciate your particular experience with the details of “trade finance”. Banks evaluate the cost and amount of surety bonds they will issue based upon the balance sheet of the importer. The banks will not issue this level of surety for long for most importers. So even further incentive to find alternative suppliers.
For a guy who loves to deal, PDJT must be in Deal Heaven right about now.
The beatings will continue until attitudes improve.
.
I like Bessent much more than Mnuchin.
Bessent has a stature and presence that is totally non-aggressive, non-confrontational, yet 100% confident and completely without fear. His demeanor demands you deal with him straight up, and that’s what you’ll get back in return.
Mnuchin? I’ll bite my lips.
The perfect men for the job. They make it look easy-
These guys are killer wolverines.
Scott Bessent was a fellow Charlestonian. They are nothing if not gentlemen.
He moved on to DC, I moved to a quiet life at the beach.
His demeanor is bespoke but not easily intimidated. When he makes a demand he always says, ‘please’, as in- “Please don’t retaliate.”
The beaches of Charleston are ideas that bring me back to a happier time in life….I imagine its changed a lot since 1980ish.
Mnuchin had a handler British wife and a penchant, it is rumored, for Hollywood threesomes, as long as one of them was blonde (dyed or natural, didn’t matter).
Was never a fan.
“Please, don’t retaliate.”–Advice of Scott Bessent
“Please don’t throw me in the briar patch, Br’er Fox!!”
So, where are all of those crying “but, my 401k’s!!!”
Arw they going to give President Trump credit, when their acct. balances go up as a result of these new trade resets?
Of coarse tgey aren’t
I love how China has issued a “travel warning” to its citizens. Like we will be upset to have fewer ChiComms on US soil conducting industrial espionage. Lol.
Take your “students” and “adjunct professors” back, too. They’re just here to spy on us and plant bombs if there’s a conflict.
Can they take the Liberal Arts Students as well?
I’d love to see the HB1 visa holders at my previous employment disappear…
A girl can dream…they were doing such a horrible job messing up some nicely constructed user interface designs. It was painful to watch.
Amen. Kill that program. America First. Send the foreigners home.
I prefer they take the Liberal Arts Professors!
And they can have all the ‘military-aged males’ back that FJB let in during his pretend presidency.
Chinese culture needs to get over this saving face bullcrap. It’s immature.
Face = Pride
Isn’t funny how we ‘approve’ the foreigners of their ‘cultural’ stuff but, for us, ‘We the People’, not so much?
Almost as if we were being colonized and culturally reprogrammed.
Nobody would be that evil would they?
🤨
I’ve stood strong w this team! They are amazing. Hope everyone else listened and hung on. Peace and love, gang. Praying for 🇺🇸
Tesla up 22% today.
Howdy Listless Tav!
Here to snipe at Sundance again, as in all your expired iterations?
So what is to prevent China from simply routing its US exports through another 10% tariff country this avoiding the worst of the tariffs?
The fear of what President Trump will do will keep most other countries from being china’s patsy.
If china wants to get their products here, they are going to have to go thru the Darien Gap.
Thru hidden jungle paths on the back of a pack mule…
They have been doing this for decades. Mostly thru Mexico. Not just duty evasion, but evading textile restrictions (quota/visa).
Does Customs catch them? Sure. Anybody care? Nope.
CBP going to issue a fraud penalty? Nope.
media mocks then begs PDJT to be targeted in the tariffs.
he does it. they mock doing it. crazy ex personality
So impressed with all of PDJT team of negotiators but Karoline takes top billing! What a smart and beautiful young woman.
She is learning from the best so perhaps a future PRESIDENT
https://www.youtube.com/live/h1RXCc-V12Y?si=ObWZIqghQS765YpS
President Trump taking questions from the Resolute Desk.
Occam’s razor is a principle that states that the simplest explanation is usually the best
Trump got rattled by the stock market dropping
Dragon trap.
Rattled by a shadow he knew would strut its ephemeral way across the screen?
Naw.
President Trump got rattled by a down market (because of tariffs), so, he “INCREASED” the tariff on CHI-NA to 125%?
🤔
What I am hearing is that the bond market was the cause. 10yr shot up from 3.8% to 4.5%.
Another strong reason to get at least the deficit way down.
Imho, Abelard, the bond market reacted just as it should.😉
The continuing collapse (self inflicted and accelerating) of the Chinese Yuan has/will lead to a “flight to safety” in US Treasury bonds.
Bond price (cost of investment) and yield (interest % payed on the investment) are inversely related. As investors in the falling Chinese Yuan headed for the exits and to US Treasuries, the price of US Treasuries went up (10 yr shot up), and, inversely, the yield went down.
Attempting to nudge interest rates closer to what they were when the debt was issued
(the average interest rate on U.S. Treasury debt today (3% +/-) is the highest since 2010) before refinancing the $9T of expiring debt (January thru June 2025) is a prudent endeavor.
Imho, it was kind of a “jujitsu” move (manipulating an opponent’s force/aggression against them) on the part of President Trump.
President Trump said do not retaliate.
– Be patient –
CHI-NA “had” to save face.
Result
Tariffs increased to 125%
Yuan craters
US Treasury “yield” falls further.
FAFO
Hedge Funds forced-unwinding overleveraged basis trades (an arbitrage play between cash Treasuries (buy) and Treasury futures (sell)), apparently… – Been on Zerohedge’s radar since March 28th, at least…
…- From Portfolio Armor, via ZH:
https://www.zerohedge.com/news/2025-04-09/spike-yields-isnt-china-dumping-treasuries
…- From Quoth The Raven, via ZH:
https://www.zerohedge.com/news/2025-04-09/stop-what-youre-doing-and-watch-bonds-now
…- Deja vu… – Shades of the 2022 UK Gilts orchestrated spazz-out that torpedoed the Truss premiership?…
So even if that is true, which I do not believe, so what?
A fighter ducks, tucks and hits a knock out punch.
It’s still a win.
Love President Trump. Corrected the Market in 2 seconds leaving the Globalists with their thumbs up there a**.
Hope he deals very hard with countries like Vietnam and India Bangladesh and Cambodia Canada and Mexico.
Got to punish all those countries who allowed China to use there countries as a passthrough to America. MAGA
China is backed into a corner. Wouldn’t it be awesome if China fell like the Soviet Union did.
I don’t think it would take much to push China over the edge at this point. Its economy is a mirage.
The Soviet Union didn’t fall; it was pushed, by the last time we had an American First leader, Ronald Reagan.
As long as free markets exist somewhere, communism cannot compete with it. Communists are bad at math, having decent living standards, and having hope. When compared to a capitalist society they look like a trash heap.
Essentially uncreative people. Nothing new or unique ever occurs.
And horribly envious and hateful of people who actually are creative.
Cornered rat will start a war
Finally, for the first time in decades, the United States of America has a President. A real one.
“Libertarians” hit the hardest.
There was some very Interesting reporting from Matt Boyle (Brietbart) this morning…
—-
“The Greeks Are Ready To Join With President Trump Against China.” Boyle From Delphi Economic Forum
https://rumble.com/v6rv8up-the-greeks-are-ready-to-join-with-president-trump-against-china.-boyle-from.html?e9s=src_v1_ucp
So sick of the know it all media acting as if they know more than President Trump. If they aren’t concern trolling about the tariffs, then they trying to instigate division in the WH between the “hardline tariff people vs. the moderate tariff people.” They refuse to acknowledge that President Trump knows exactly what he is doing.
“They refuse to acknowledge that President Trump knows exactly what he is doing.”
…- Or that a MAGA administration permits, and is entirely comfortable with, *Actual* debate and dissenting/different opinions within its ranks…
…- Simply *Does Not Compute* for them!… 🙂