Full dragon, no panda mask.  Beijing begins using war terminology to discuss the trade conflict with the United States.

Through a series of cumulative trade tariffs, President Trump has now placed Chinese imports into the USA in a position of 104% tariffs.

104%!

In response Beijing has devalued their currency and dumped treasuries, but no amount of subsidy, devaluation or use of their sovereign wealth fund is going to compensate for 104% taxes on Chinese products.  Very soon all purchase orders from the USA for Chinese manufactured products will stop.

The Beijing dragon is looking at the future through a zero-sum position.  Now, they vow to fight to the death.

BEIJING, April 9 (Xinhua) — With firm will and abundant means, China will resolutely take countermeasures and fight till the end if the United States insists on further escalating economic and trade restrictive measures, China’s Ministry of Commerce said Wednesday.

“I want to emphasize that there is no winner in a trade war, and China does not want a trade war, but the Chinese government will by no means sit by when the legitimate rights and interests of its people are being hurt and deprived,” said an official with the ministry.

The official made the remarks when responding to media questions regarding a white paper released Wednesday by the State Council Information Office on China’s position on some issues concerning China-U.S. economic and trade relations.

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President Donald Trump attended the National Republican Congressional Committee (NRCC) dinner in Washington DC.

The main topic of President Trump’s remarks is the global trade reset, which includes a cumulative 104% tariff on China, as Beijing attempts to devalue currency and retain economic status.  President Trump is in full wolverine mode on the issue of trade.  There is no other issue that commands this level of intensity and deliberate effort.

MAGAnomics, American Main Street and economic security as national security priority, is the core issue to define President Trump’s doctrine. He is bringing the thunder, which we have referenced as “The Big Ugly.”  WATCH:

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President Trump is scheduled to hold a media availability at 3:00pm along with an executive order signing on energy development in the oval office.

UPDATE: Video Added

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Many pundits and apoplectic Lawfare leftists are noting a set of four recent Supreme Court rulings favorable to the Trump administration.

The most recent ruling [pdf here] said nonprofit groups lacked legal standing to bring lawsuits challenging the firings of probationary workers at the departments of Defense, Treasury, Energy, Interior, Agriculture and Veterans Affairs.  As a consequence, the accompanying Temporary Restraining Order (TRO) is defeated.

Yesterday, the Supreme Court also ruled -generally favorable- to the Trump administration [pdf here] on the issue of Venezuelans in the United States labeled by President Donald Trump as “alien enemies.”  The justices ruled (5-4) to vacate a lower judge’s order that imposed a block on all deportations under Trump’s invocation of the Alien Enemies Act.

However, the court ruled to remove the TRO under auspices of the wrong venue for challenge; saying the deportees must challenge their status in the district court where jurisdiction of detainment takes place.

That split court ruling follows on the heels of Chief Justice John Roberts issuing an administrative order indefinitely lifting a lower court injunction [pdf here] that demanded the return of previously deported Abrego Garcia set by U.S. District Judge Paula Xinis.

In short, the Supreme Court, at least a narrow majority therein, appears to be knocking down the process of federal judge shopping to issue nationwide restraining orders against the Trump administration.  Twitter account Unseen1 has a solid and brief outline of what the court appears to be doing:

“The big win for Trump in the scotus today was not the resumption of deportations under the AEA (alien enemies act) (but that was big also). The major win was the court narrowing the federal district judges’ jurisdiction They once again narrowed the ability of the APA (administrative procedure act) which is the main law the vast majority of these unconditional judicial rulings have been made under.

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President Donald J Trump announcing the end of the 80-year-old Marshall Plan (aka The European Recovery Program) of one-way tariffs against American imports has triggered a very predictable response from the European Union.

While saying the EU is prepared to enter negations toward a zero-tariff trade reciprocity, Comrade Ursula von der Leyen simultaneously announced that Brussels is prepared to launch countermeasures against The United States, in an effort to retain economic control and access to a U.S. consumer market they must exploit for their economic survival.

Speaking in very deliberate terms, the EU Komisar states the U.S. decision to demand reciprocity, and fairness will deliver “immense” and “dire consequences” for the New World Order and “global trading system.”  von der Leyen proclaims that global citizens will be impacted with higher grocery bills, shortages of medication and increased costs for transportation.

The leader of the world’s largest bureaucracy stunningly proclaims President Trump’s tariffs will increase the “burdens of bureaucracy.” The one-sided benefits and “interests of the European Union” will be protected at all costs.   WATCH:

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Regarding “countermeasures.” Again, we repeat the predicable response.  Together with their unelected ally in Canada controlling the North American response, watch for the EU to target Big USA Tech companies and financial service sectors.

The goal of the EU will be to assemble a tariff countermeasure response that will deliver political pain, not economic consequences.  That’s just how they roll.  The EU will leverage disgruntled Wall Street, banking and Technocracy sectors in order to put political pressure on Donald Trump to back down.

Optically this is the worst possible type of pontificating EU spokesperson to generate internal American opposition.  Frankly comrade Ursula, MAGA don’t give a damn. [Pinky Finger Salute]

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White House Senior Advisor for Trade and Manufacturing Peter Navarro discusses the trade reset and tariff impact as it works through the process.

As visible and stated by the Trump team, the broad-based tariff approach was designed to save time and create the environment where foreign countries, including those with bilateral Free Trade Agreements (FTAs) would come to President Trump in an effort to retain their interests.  From there, new trade agreements would be structured.

Navarro rightly notes that both tariff and non-tariff barriers are designed to create a structural trade imbalance in their favor. The trade reset strategy is designed to confront these issues.  Navarro also notes how Vietnam operates as case-study in the use of non-tariff barriers and simultaneously operates as a transnational shipping point for Chinese products. WATCH:

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Treasury Secretary Scott Bessent appears on NBC to discuss the current MAGAnomic tariff program and global trade reset. Bessent outlines how the history of President Trump’s tariff approach toward China (’17-’19) did not result in higher consumer prices for goods from China.

Secretary Bessent, like the rest of the MAGAnomic team, cuts through the talking points with direct evidence and analysis that destroys the preferred media narrative.  Video and Transcript Below:

[Transcript] – KRISTEN WELKER: And joining me now is Treasury Secretary Scott Bessent. Secretary Bessent, welcome back to Meet the Press.

SEC. SCOTT BESSENT: Kristen, good to see you.

KRISTEN WELKER: It’s great to have you back after a very big week. Let’s start with the market reaction to President Trump’s announcement of his tariffs. As I just laid out at the top of the program, the markets lost more than $6 trillion in value. Was this disruption always part of the plan, Mr. Secretary?

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Margaret Brennan is very worried about the penguins of the Heard and McDonald Island being able fill their orders for EU heavy industrial equipment, against the backdrop of President Trump’s 10% tariffs.  Secretary Lutnick points out the issue of transnational shipping, as Brennan sits flummoxed.

That’s just one of the talking points from the ever-insufferable Margaret Brennan in this left-wing narrative engineering under the pretense of an interview.  WATCH:

[TRANSCRIPT] – MARGARET BRENNAN: Mr. Secretary, welcome to “Face the Nation.”

COMMERCE SECRETARY HOWARD LUTNICK: Great to be here.

MARGARET BRENNAN: We see about 60% of Americans have money in the stock market, which mean that retirees could be just as concerned as hedge fund managers this morning. Did you expect this level of shock in the financial markets?

SEC. LUTNICK: Well, you’ve got to realize this is a national security issue. I mean, we don’t make medicine in this country anymore. We don’t make ships. We don’t have enough steel and aluminum to fight a battle, right? All our semiconductors are made overseas. So every button we press when we try to start our car or even use our microwave, these are all semiconductors. They’re all made elsewhere. We’ve got to start to protect ourselves, and we’ve got to stop having all the countries of the world ripping us off. We have a $1.2 trillion trade deficit, and the rest of the world has a surplus with us. They’re earning our money. They’re taking our money, and Donald Trump has seen this, and he’s going to stop it. So it is going to be a big change. Of course, it’s going to be a big change, but the rest of the world has been ripping us off for all these many years. Donald Trump has seen it. He’s spoken about it–

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Appearing on This Week with George Stephanopoulos, regime commander for the hard left, White House Director of the National Economic Council, Kevin Hasset, shared that, “more than 50 countries have reached out to the president to begin a negotiation.”

Despite all the media pontification to the contrary, this notation should not come as a surprise, considering how dependent many emerging nations are on access to the U.S consumer market.

The ‘taking a knee’ sequencing should be reviewed through two closely intertwined metrics. (1) The wealth of the nation; and (2) the dependency of the nation.  Both metrics are closely aligned, and that will be the commonality of the first to line up to join a zero-tariff trade agreement.

More wealthy, parasitic and ideologically opposed nations will fight hard before they acquiesce. However, they will eventually acquiesce and come to terms.  The wealthy nations (like EU etc.) will be the most vocal in opposition to the global trade reset; and they will also be the voices we should see strategically ignored by President Trump.

NEC Director Kevin Hassett cuts through the Stephanopoulos talking points like a ninja quokka. WATCH:

You know Stephanopoulos is outwitted when he relies upon Rand Paul to frame his narrative.  lol

Regarding the Russia talking point.  How is Trump supposed to calculate a tariff regime against a country we have placed under trade sanctions with a full economic embargo?  There’s no current U.S. trade with Russia, deficit or otherwise, so there’s nothing to tariff.

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On March 27th, CTH shared the following: “Wealthy nations will attempt to maintain exports against President Trump tariffs by subsidizing their industries. Corporations have deeper pockets, and the politicians are used to the bribes, we call it “lobbying.” Therefore, the government responds by subsidizing the corporations [ie. the WEF business model].

How does the politics of opposition surface?  …”Canada will subsidize their export industries, Germany will subsidize their auto industry, the EU will provide subsidies to their manufacturing powerhouses, and China will once again start subsidizing their manufacturing industry. Each of these nations will in turn, eventually, devalue their currency.

However, poorer nations will be faster to lower import tariffs on USA goods because they have lower lobbying (bribe) income from corporations to govt. That’s what we should expect to see.” [LINK]

With the tariffs now triggered, it begins exactly as anticipated:

[SOURCE]

The economics of the thing is now colliding with the politics and the ideology, of the thing.  Globalists are being confronted.  The proverbial West will cleave according to their financial self-interest.

The World Economic Forum (Build Back Better) model no longer views the USA as an ally.  The MAGAnomic “Big Ugly” is underway.  Countries will thrash and gnash their teeth; then surge in opposition, fail, then attempt to refoot and realign, then surge again and fail again.

And so it will go…

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