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Jesse Watters · When the clock strikes midnight tonight, the battle begins.
Jesse Watters · When the clock strikes midnight tonight, the battle begins. China will be hit with triple digit tariffs... the export menace should have never retaliated.
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China had a plan: dump cheap goods into the rest of the world, use the money to build their military, and pass the U.S. as the world’s top super-power. But if China can’t dump cheap goods here, and we’re the world’s biggest market, they have nowhere else to sell.
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They can’t sell to Europe because they don’t have the consumer power, and they can’t sell to themselves because their birth-rates cratered. Once China can’t sell, they have to lay off their workers; the communists don’t want a billion angry unemployed Chinese... that’s how regimes get toppled.
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But we must let Xi Jinping lose face gracefully. A quick violent death makes us collateral damage, so we have to lower the Chinese casket into the ground diplomatically. And China can’t afford to play the long game, because the rest of Asia is racing to negotiate with us.
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President Donald Trump could go to China like Nixon did and rewire the world all over again. I don’t know how any of this is going to end, or when it’s going to end but I do know every phone at the White House is ringing.
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Trump's team is having to put world leaders on hold. The Philippines, Cambodia, and Thailand are all ready to slash tariffs. But Trump’s not just handing deals out willy nilly. If Trump can pull this all off, and we hope he does, he’ll go down as one of the greatest presidents in history.
@JesseBWatters
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