Wharton Professor and noted economist Mohamed El-Erian appeared on Fox News to discuss the jaw-dropping success President Trump is having with his global trade reset.
As noted by El-Erian no one, including El-Erian himself, expected President Trump to be able to navigate a global trade and economic reset with such stunning success. The entire economic policy is being driven by the personal influence of President Trump as he leverages tariffs and policy incentives to the benefit of the USA economy exclusively.
The scale of Trump’s agenda is difficult to overstate, and China is now positioned to feel incredible pressure to align Beijing policy with the requests of President Trump. “We thought there would be a massive retaliation against the US, there hasn’t been” El-Erian noted. “We’re collecting $800 Billion of tariff revenue” and “inflation has waned,” he said. This is a remarkable situation that few economists could accurately predict. WATCH:
WOW — Economist/Wharton Professor says TARIFFS achieved something economists DIDN’T think possible!
“We thought there would be a massive retaliation against the US, there hasn’t been…we’re collecting $800 Billion of tariff revenue…inflation waned.”
INCREDIBLE, @POTUS !! 👏 pic.twitter.com/OaNtWqyTcf
— Townhall.com (@townhallcom) October 27, 2025
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This is not a surprise to readers here as we have discussed the Trump trade agenda with clear, non-pretending eyes. The ASEAN trip by President Trump is a masterclass in leveraging trade relationships and creating isolation for China. The downstream consequences for Canada continue to build as the Carney administration doubles down on their entrenched and futile opposition.
If President Trump can formulate a strong, actionable and enforceable free trade agreement with Chairman Xi, it will undercut the ability of Canada to assemble cheap component goods not available in the U.S. manufacturing equation for total cost of goods. This puts Trump in an even stronger position heading into the 2026 USMCA (CUSMA) dissolution phase.
Additionally, despite the mainstream thoughts to the contrary, putting distance between Russia and China is not averse to the interests of Russian Federation Vladimir Putin, who would strategically prefer to do business with the ‘West’ over Beijing. However, China does not want to see their Biden-created tentacle weakened in Russia.
China retains a vision of a global financial market option beyond the dollar, and Xi plays that long-term strategy game with Putin quite effectively. It is only President Trump who holds the key to weakening that strategy, and Chairman Xi likely reminds everyone -through his emissaries- that they can wait out the Trump administration.
However, during the ASEAN conference, again we see President Trump drawing heavily on the personal factor as a part of his strategic influence operation to push distance between Southeast Asia and Beijing. Cunning Panda can undoubtedly see that play, however, culturally they may underestimate the strength of the dynamic. President Trump leverages the world’s biggest market with a smile. The world’s biggest sellers want and need to keep that smile on the face of their #1 customer.
President Donald Trump is a friendly dealmaker, until he is not. Southeast Asia understands this dynamic very well.
America first! No more economic drain to everyone else, no more “free markets” rigged for China, EU and mega corporations.
Now build out US industry again!
Prayers up that the capricious Supreme Court does not drive a stake through the heart of President Trump’s phenomenal success for our nation.
Arguments being heard in an expedited hearing on November 5 which President Trump has said he will attend.
Tar and feather for those activist
juristblackbirds if they hamstring our President in his healing of America.Remember friend Betsy we’re just healing ourselves from years of steadily increasingly destructive economic policy.
I do remember, dear Monti.
After concerted and deliberate efforts by grasping, greedy, amoral persons with love neither for this nation nor her citizens to tear this country into shreds by foul and not fair means, President Trump has put himself forward to reverse the damage. And he has endured what no patriot has since those who sacrificed everything for the birth of this Republic.
He has given up his comfortable life for America, and I don’t believe it is hyperbole to say so.
I will listen to the arguments.
And I will offer deep prayers to the Lord Who placed this remarkable man at the helm for our regeneration. That we will be able to celebrate this Fifth of November as a victory…just as we did in 2024 🇺🇸
Amen to prayer for President Trump and the USA.
“…….we’re just healing ourselves from years of steadily increasingly destructive economic policy.”
Destructive policy for whom? There are some out there that are doing quite fine with those destructive policies.
Remember: “It’s a big club, and you ain’t in it!” – George Carlin
Fair comment and I have similar concerns but for once, my hope is in Robert’s as I don’t think he can even conceive the size of balls he’d need to throw out Trump’s tariffs.
The SC has spent so much time straightening out judges in lower courts who fancy themselves as “president”. I have to believe that they are thoroughly sick of having to do so. Roberts has gone so far as to admonish them as I remember.
He’s already got one huge strike against him…rewriting then ruling for the legislation which delivered O'(non)Care which has decimated healthcare and the wallets of every American.
Let’s hope he understands an unfavourable ruling here would be just as devastating for the health of our America, if not more so.
Betsy … you have a great memory & fact regarding Roberts ruling.
Yes, prayers for long-term wisdom on Nov 5.
Trump isn’t doing anything that US Law and the Constitution does not expressly allow him to do. He is very simply doing it. And that’s what makes him very, very different. The Constitution does not say that “The Executive Power is vested in a Supreme Court and in 495 inferior courts.”
Rebuilding the U.S. manufacturing base that is the engine of wealth creation would completely reset the world’s economic landscape.
So all the so called ‘experts’, even El-Erian himself could not have expected President Trump to be able to navigate a global trade and economic reset with such stunning success.
With the ‘experts’ continued failures one must ask if they are really experts at all or just learned mouth pieces with inflated ego’s. I always judge people on their abilities to get things done with skill, accuracy, and timeliness. Maybe all of these self-described ‘experts’ need to go back to school. Did they not learn anything from Trump’s first term?
It is, absolutely, the latter. Book-School economics vs. the economics of dealmaking by and with real people.
Too many eggheads assuming a can opener.
Many should resign in disgrace, but never would.
El-Erian was an excellent portfolio manager of PIMCO in Newport Beach.
My thoughts exactly.
The “leading experts” are often most likely to lead us right off of a cliff.
“those who can, do; those who can’t, teach”
GBS
I always love this dumba$$ comment since I was a teacher for 32 years. Where do you think the knowledge of this individual came from, thin air? Where do you think President Trump learned it from, a book or being taught the concepts?
Just like the “experts” who said “trust the science”.
Talk of “experts” reminds me of what an older gentleman told me years ago.
Don’t let anyone label you as an “expert.” Why? Because of his definition:
An “ex” is a has-been.
And a “spert” is just a quick dribble…………..
they were never experts. Do you think Al Gore and Bill Nye and Greta were experts?
Decades of Academic consensus.
Otherwise known as GROUPSPEAK
…..(requires ZERO testicular fortitude)
So-called “experts” are not people who have any sort of expertise in their particular field.
They are people who have a large financial stake in outcomes within their particular field and who are willing to tell lies in order to influence those outcomes.
Instead of calling them “experts,” perhaps we should call them “gypsies, tramps and thieves.”
Instead of calling them “experts,” perhaps we should call them “gypsies, tramps and thieves.”
Refer to my response above to the post by David Santacroce…….
We just needed a very stable genius.
This – know-nothing “inflated mouthpieces with inflated ego’s”. Paging tom friedman.
They need to learn straight at the feet of the boss! Apprentiseships are good!
HOT off the Press!!
October 27, 2025 5:29pm
Stock market closes with new highs after US, China reach a framework in trade deal
The S&P 500 climbed 1.23% to 6,875.16, marking the first time it’s ever closed above 6,800 points. The Nasdaq Composite rose 1.86% to 23,637.46, and the Dow Jones Industrial Average jumped 337.47 points to 47,544.59
The stock market on Monday closed at record highs, one day after the Trump administration announced that the United States and China have agreed to a “substantial framework” in trade talks.
The framework comes as Chinese leader Xi Jinping and President Donald Trump are set to meet in South Korea on Thursday.
The S&P 500 climbed 1.23% to 6,875.16, marking the first time it’s ever closed above 6,800 points, according to CNBC. The Nasdaq Composite rose 1.86% to 23,637.46, and the Dow Jones Industrial Average jumped 337.47 points to 47,544.59.
“I think we’ve reached a substantial framework for the two leaders who will meet in Korea next Thursday,” Treasury Secretary Scott Bessent told ABC News from the ASEAN Summit in Kuala Lumpur, Malaysia. “The president had given me maximum leverage when he threatened 100% tariffs if the Chinese imposed their rare earth global export controls, so I think we have averted that.”
(Please let us pray for success of the potential soybean and other deal)
Bessent also said there is a potential deal on U.S. soybeans after China stopped purchasing them amid the ongoing trade war. China is the largest purchaser of U.S. soybeans, buying more than 50% of American exports in 2023 and 2024, according to the American Soybean Association.
“I believe, when the announcement of the deal with China is made public, that our soybean farmers will feel very good about what’s going on, both for this season and the coming seasons, for several years,” Bessent said.
The Wharton School is one that is not often discussed nor well known. When I worked on business strategy realignment team, for my employer, we had a couple of Wharton MBA Types working on the team.
They introduced us to Porter’s 5-Forces Business Framework, which is a major item at Wharton and it became a major corner stone of our approach. It just seemed as if Wharton had a different approach to assessing and developing business strategy.
As we all know President Trump is also a Wharton Graduate.
Interesting, thedoc00. Thanks.
The combination of a public administration/National with a business model, boggles my mind. I think The Wharton School will benefit tremendously, too.
The Trump train is full speed ahead! Hopefully, the changes can be made permanent so Chairman Winnie the Pooh can wait for ever. It truly is a Brave New World.
Xi is no Winnie the Pooh.
And PDJT just beat SHUTDOWN SCHUMER on the Gov. shutdown.
A lot of people holding US dollars want the US to do well.
“As our Revolution was about political independence, the first words and acts of our constitutional republic were about ensuring America’s economic independence.
“A free people should promote such manufactures as tend to render them independent on others for essentials, especially military supplies,” said President Washington in his first message to Congress.
The first major bill passed by Congress was the Tariff Act of 1789.”
Tariffs Made America Great
https://www.theamericanconservative.com/tariffs-made-america-great/
I hope the Democrat-owned News Media is forced to become more pro-America. They are barely mentioning President Trump’s ASIA successes, like they avoided his name with the GAZA cease-fire and hostages release. 😡
The Trump Administration needs to summon the OWNERS of CBS, ABC, NBC, CNN, WaPo, NYTimes, Nexstar, etc.. to the White House and give them this ultimatum: “Be more Pro-America/Pro-American, or face audits and probes from hell, by our FCC, IRS, SEC, DOJ, DOL, and more!”. President Trump has said for YEARS, the biggest enemy of America and Americans is the Democrat-owned Main Stream Media (MSM). TIME FOR DJT TO DEMONSTRATE HOW SERIOUS HE IS. President Trump would have the vast majority of Americans supporting this meeting, and ultimatum. 👍
the marching orders of the marxxist, stallinist media all originate from the wef bunkers located in geneeva and davvos
And if SCOTUS rules against the tariffs, all that money has to be given back
Any time an Ivy League economist cops to being wrong is a cause for celebration, folks.
I call that real progress
FREEDOM!!!!!
JMO.
PRESIDENT TRUMP has a plan and he is stickin’ to it.
With IRAN in the rear view mirror, the mid-east settled down and
…….. as the U-crane war winds down ……. and hostilities with Russia become a thing of the past,
…………….. be on the lookout for the REPURPOSING OF NATO.
The USA isn’t going to get out of “2025” NATO …… instead, with the aim towards securing the eastern flank of the USA. … President Trump will use his MAGA skills to turn the resources of the multi-country NATO defense force from mainly concentrating on Russia, to concentrating on the European’s (not EU) new enemy within their walls, …….. the dangerous, non-nationals who have been allowed to invade their countries.
America’s expelling of the illegals out of it borders will be an example of what needs to be done in Europe to expel all of the dangerous, non-nationals out of their countries.
NATO (funded mainly by the Europeans) will be “repurposed” from defending against Russia to deporting the hordes of dangerous non-nationals who have been let into Europe’s borders, much like biden’s treacherous open borders let in 26,000,00 non-nationals into the USA.
The demand for expulsion, following the example of President Trump’s mass deportation of America’s invaders, will come from the citizens of each country through NATO, not from their leaders.
Along with using NATO to deport the non-nationals, the citizens will vote out the crop of globalist / communist leaders who got them into the EU mess in the first place, aka America’s 11/5/24 election.
TOTAL EXIT, coming as the dangerous hordes are driven out of each European country (including Ireland) and the remaining nationalist citizens vote in MEGA politicians, Make-Europe-Great-Again politicians.
BREXIT was just a trial run.
EU, destined for the ash pile of socialist / communist failures, on President Trump’s watch.
Believe it.
MAGA / America First, not just our motto, it is our duty!
Cactus that is a Big opinion you have there. Looks great on paper too. Lets hope our almost former Christian founded friendly European nations get the gist of what President Trump is espousing and making happen right before their very eyes. It almost cannot happen fast enough for many to see the EURO weenies get kicked out of office and the herds of immigrants and illegal in many cases kicked the hell out of these nations.
There definitely needs to be a reset in NATO across the board with US basing and troop footprints. Many here are calling for us to just pull out from NATO and be done with it. Easier said than done. PDJT knows he still wields tremendous advantage by maintaining a strong US presence. But changes need to be done. Reduce US basing in multiple regions, Refocus US troop deployments, Refocus NATO defense priorities away from RUSSIA and hopefully help end the war.
Some are mentioning quite often here that a NEW US/Russia alliance needs to take place and as soon as possible. Agreed and agreed again. Only PDJT and Putin could pull this off if anyone wanted to place bets. MAGA on Treepers.
WorkforHim,
Thanks for the comment. Some good points.
At the root of any President Trump plan ……. is the long term security of America.
America’s right flank has been under attack for decades from the globalist / communist elites in the EU.
TOTAL EXIT is the only permanent solution (for a century) —— freeing the citizens of each European country to reclaim their God given freedoms will go a long way to protecting America’s right flank. Mutual security arrangements can remain.
The people that sold out US manufacturing and jobs should be tarred and feathered.
To start. We could go from there.
We don’t need no stinking experts.
Sundance, do you plan a post on what you think Scotus will do with the upcoming case on the President’s authority to set tariffs v. the role of the legislature?
Do you think how we come out of the China negotiations will affect the votes of the conservative majority?
MAGA. Trump 2028!
👊👊❤️❤️🙏🏻🙏🏻🇺🇸🇺🇸
How will President Trump declare Muslim Brotherhood a terrorist organization (including CAIR) and continue to purge appointees who are “terrorists” who’s been embedded in US government when he’s doing business with Qatar?
carney’s your chess opponent that refuses to acknowledge he’s in checkmate
some are slower than others, but eventually they all come around
Has there been any progress for a meeting with Rocketman? It would be awesome to see President Trump cutting a peace treaty with North and South Korea because technically they’re still at war with an armistice…
How let’s recapture the $171 billion in remittences going to India, and the $42 billion in remittences going to Mexico. We can plug a lot of budget holes with American earning that money, not foreigners.
Always have mixed feelings about America being the “world’s policeman”.
Then I see what happens when we are not. And how happy other countries are when we finally re-take the burden off them to do the job. Yet, they keep bitching about it .
Talk to my hand, rest of the world.
Who will be the saddest, XI or Democrats?
That’s a tough question to answer. My guess? Dems!
Murphy’s Laws of Combat!
I keep a short list of those on my office wall. My Dad gave me a copy of his years ago.
Among my favorites:
“The east way is always mined”
“When the pin is pulled, the grenade is no longer your friend.”
My all time favorite:
“If it’s stupid and it works, it’s not stupid.”
It quote that one in particular often.
Thanks, Dad. I miss you a lot.
If books were written detailing everything that “experts” have been wrong about over the last 5000 years, there wouldn’t be enough libraries in the world to hold them.
“Experts” should be shunned. Seek God’s face, study His Holy Bible and accept Jesus Christ as your Lord and Savior. Then you will know truth and be blessed with wisdom.
I listened to it two times, I heard $300 Billion annually in tariff revenue.
Am I correct?
But wasted if we don’t stop spending like drunken sailors on crack. DOGE seems stuck at $220 Billion in suggested fraud/ waste cuts, and OMB hasn’t come forward with any RIFs.
$300 Billion = 15% of our deficit, great, but a long way to go.
Interest rates dropping would help, and China paying tariffs, too.
Democrats will see the new tariffs revenues as another reason to spend, and spend they will.
My Google search says we’re now collecting, on an annual basis, $350 Billion in tariffs, an amazing number.
Just saw your post from a while ago. I should have refreshed the page!
I have a bit of a tab problem far too may haha. Im hearing 300 as well so ignore my question below.
Great info!
What color is the hopium pill because that’s what i read in the comments. People in search of hope, and that’s an entirely different indicator Mohamed did not speak too.
The first trade deal was 2 years in the making, and the Chinese Commies walked away at the end not living up to their agreement. Mohamed is pumping the market, speaking on behalf of it, that’s all he’s doing.
Good points. Might POTUS walk away w POs, including some soybean purchases?
If it isn’t made in the United States, I don’t need it.
This is great news!
Just wondering though, did he say 300 billion in tariff revenue? SD has it at 800 but i don’t think Im hearing that. Gotta admit though, I don’t often wear hearing protection at work
I can’t wait until we start seeing the real, ripened fruits of PDJT’s economic brilliance!
I heard $300 Billion, too (the tweet incorrectly said $800 Billion).
I did a Google search to confirm, it said tariff revenues may hit $350 Billion. It could climb as the small parcel fee kicks in, and China climbs on board.
I would like to take this time to reiterate my 100% distaste for this particular Fox snake who is the one interviewing this Wharton School of Business expert, although he does seen to have half a brain.
I will never, ever forget or forgive the way she call the 2020 election night, or the rude way she treated anyone who questioned any irregularities that were taking place that night. I only saw her because I was channel surfing, and I watched her when she thought she was on a cold mic. She hates our President’s guts, as well as anyone who voted for him.
I doubt that any of that has changed. She’s a wolf in sheep’s clothing, and one more reason I don’t watch that network.
Trump deseeves a Nobel prize in economics. That one is not as tarnished as the peace prize
Canada is being governed by a
WEF GLOBALIST DAVOS created WANKER BANKER
P O CRAP 💩
Mark Carney
WE ARE ALL WATCHING THE DOWNFALL OF THE CANADIAN ECONOMY.
Trump is also a blunt, but truthful and honest, speaker. You don’t wonder who else at the table or in the main-office is actually speaking. You may not like what you are hearing, but you know exactly where you stand. If you want to know how he still stands as a negotiator – read the book. (It’s a very good one.)
President Donald J. Trump is the quintessential dealmaker. He always was…trust me…if you come from NY, this is basic knowledge…and he always will be. We are so unbelievably blessed that he is POTUS. He is the man we needed, and it is only through Divine Intervention that he is with us. GOD is on his side.
What’s the tariff on a 20 cent piece of clothing Wal Mart sells. This is the point so many miss. China sells to the US for a fraction over their cost. Now go look at operating margins for these retailers.