Donald Trump took a trip to China to meet President Xi Jinping. He was joined by the CEOs of a dozen top US corporations, including billionaires Elon Musk, Jensen Huang of Nvidia, Tim Cook of Apple, Larry Fink of BlackRock, inter miami vs cincinnati and Stephen Schwarzman of Blackstone.
Ben Norton explains how Beijing won the trade war that was started by Washington, how China has significant leverage (in manufacturing, supply chains, critical minerals, and rare earths), and how the US economy is in a very bad state.
Topics
0:00 Trump's visit to China
0:27 US trade war backfired
1:25 Trump joined by top CEOs
1:56 Elon Musk
2:20 Jensen Huang of Nvidia
2:47 Tim Cook of Apple
2:58 BlackRock and Blackstone
3:22 regina hall More CEOs with Trump
4:17 US CEOs meet Xi Jinping
5:31 USA is an oligarchy
6:23 China's massive market
6:57 Nvidia lost Chinese market
8:02 China's self-sufficiency drive
9:15 Manufacturing superpower
10:50 Tesla EVs made in Shanghai
11:25 liam neeson US tariffs on Chinese EVs
12:21 China has the upper hand
13:00 US trade war
14:42 China-US trade
16:08 Rare earth elements
17:07 Critical minerals
18:18 New supply chain efforts
18:59 Pax Silica
19:41 Why US rhetoric changed
20:40 Iran war
22:51 US sanctions on China
24:20 Inflation in USA
25:41 Trump is very unpopular
26:33 K-shaped economy
27:25 Inequality
28:05 China exported deflation
29:31 US tariffs boost inflation
30:27 China in stronger position
31:07 Outro
|| Geopolitical Economy Report ||
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