Trump is losing the trade war with China - which he started

Trump is losing the trade war with China - which he started

Author: Ben Norton October 31, 2025 Duration: 39:38
Donald Trump is losing the trade war on China, which he started. The agreement he made at the meeting with President Xi Jinping shows how the US is much more dependent on the Chinese economy than vice versa. Political economist Ben Norton explains how Trump's tariffs have hurt American workers, especially farmers, while China advances as a new technological and manufacturing superpower. VIDEO: https://www.youtube.com/watch?v=MWrdxBODSUE Topics 0:00 Trump's meeting with Xi Jinping 1:07 China successfully defends itself 2:58 China is a new "economic superpower" 4:04 This is a one-year "tactical detente" 4:47 Details of Trump-Xi agreement 6:20 Trump undoes "self-inflicted" damage 7:02 Scott Bessent claimed China had "losing hand" 7:40 China is less dependent on US economy 8:24 Analyzing US-China trade 9:59 USA is dependent on Chinese tech 11:06 China is a manufacturing superpower 12:08 China's domestic revenue vs exports 13:43 Bipartisan US trade war 14:30 One-year trade truce 15:40 US midterm elections coming up in 2026 16:12 Poll: Republicans (and Dems) are unpopular 16:48 Trump's low approval rating of 39% 17:27 US consumers pay for Trump's tariffs 18:54 Inflation and US economic problems 20:58 US manufacturing jobs decline 22:32 Soybean war: Trump's tariffs hurt farmers 24:38 China buys soybeans from Latin America 25:25 Trump's bailout of farmers 27:24 China's rare earth dominance 28:58 US industry needs China's rare earths 30:40 Chip war: US semiconductor restrictions 31:54 China develops domestic chip industry 33:40 China's new 5-year plan pushes tech 34:31 Made in China 2025 industrial policy 35:45 China leads in critical technologies 37:22 China's "technological self-reliance" 38:25 USA is losing trade war 39:25 Outro

Trying to make sense of international headlines often feels like seeing only the ripples on the water's surface, without understanding the powerful currents moving beneath. Geopolitical Economy Report, hosted by journalist Ben Norton, dives into those deeper forces. This isn't just a recap of the day's events; it's a dedicated exploration of how economic systems, historical context, and raw power politics fundamentally shape global conflicts and alliances. Each episode builds on the work of the independent news outlet of the same name, translating its original journalism and analysis into a compelling audio format. You'll hear detailed discussions that connect financial policies to social movements, or trace the historical roots of a modern trade war, always with an eye toward understanding the larger, changing structure of the world. For anyone tired of superficial news cycles and seeking a more substantive, connected perspective on why nations and institutions act the way they do, this podcast offers a crucial and clarifying lens. Tune in for a regular dose of context that the mainstream frequently overlooks.
Author: Language: English Episodes: 100

Geopolitical Economy Report
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