Behold 'The Art of The Deal': As China is Isolated & Congressional Democrats Pounce, 75 Nations come to Trump's Table for Talks
WASHINGTON, D.C. (Texas Insider Report) — For ten years, Donald Trump has told anyone who would listen that as president, he would use tariffs to try and get better trade deals for the American people. But to have any impact, words must be backed by action, and on April 2nd, President Trump added real substance to the threat: The U.S. would enact the same tariffs that countries were imposing on the U.S., on them.
With the reciprocal tariffs in place, or at least on the table and about to be implemented, countries finally had an incentive to do what Trump has been asking: Engage with the United States – the world's 800-pound economic gorilla – in reciprocal tariff and other non-tariff barrier reductions, or suffer the consequences.Trade barriers or tariffs only work if one country is willing to cede its power to another, and accept the tariffs being imposed.
Conversely, reforming the trade or tariff imbalances only works if both parties are willing to come to the table and negotiate. Had Donald Trump not pulled the trigger and imposed his "reciprocal tariffs," things would have continued on as is – and there would otherwise be no reason for any other nation to talk to the U.S.
But trade negotiations only work when there’s tariffs, trade barriers, or product restrictions to be traded away or negotiated on from both sides.
All of this was so obvious, even that international trade "expert" and political "analyst" extraordinaire Geraldo Rivera praised President Donald Trump yesterday, saying he believed President Trump had, in fact, "ambushed" and "suckered" China into a trap.
Conversely, reforming the trade or tariff imbalances only works if both parties are willing to come to the table and negotiate. Had Donald Trump not pulled the trigger and imposed his "reciprocal tariffs," things would have continued on as is – and there would otherwise be no reason for any other nation to talk to the U.S.
But trade negotiations only work when there’s tariffs, trade barriers, or product restrictions to be traded away or negotiated on from both sides.
All of this was so obvious, even that international trade "expert" and political "analyst" extraordinaire Geraldo Rivera praised President Donald Trump yesterday, saying he believed President Trump had, in fact, "ambushed" and "suckered" China into a trap.
After some 70 of the world's nations approached the Trump White House asking to revisit their trade relations with the United States – and only China exposed itself by announcing it would double-down and counter Trump's moves with an increase in its already exorbitant tariffs – Trump simply announced a 90-day suspension of his "reciprocal tariffs" for those countries that had expressed an interest in negotiating.
Because the negotiations would be complex in nature, 90 days seemed an appropriate response for improving the imbalances for those countries involved.
The world sighed in relief.
The world sighed in relief.
For China, it now faces a 125% tariff increase.
Behold 'The Art of The Deal': 75 Nations come to the Table for Fair Trade Talks – As China is Isolated
Suddenly, the world was filled with "International Trade Experts" – all of whom were more than willing to share their "expertise" on TV, Radio or Cable.But while they too were analyzing what they thought were Trump mis-steps on the Checkers Board, Donald Trump was playing 3-Dimentional Chess.
During an appearance on "NewsNation Now," Rivera praised Trump's tariff tactics as "brilliant" – it was maneuvering that strategically out-smarted China and the world's "global economic powers."
"I believe that he ambushed China. I believe that he suckered the whole world into believing that he was going to go down in this Harikari, this suicide mission against the world," Rivera said.
"I think with him, it's so much spontaneous – but I believe it evolved," said Geraldo the prognosticator.
"I think with him, it's so much spontaneous – but I believe it evolved," said Geraldo the prognosticator.
Rivera's analysis said, Monday was a day of widespread, worldwide anxiety – with the stock market in decline and no end in sight to the pending "financial pain."
"Monday, so many people were feeling terrible pain. The markets were tanking. It was 'no end in sight.' People were watching their 401Ks, their IRAs disappear.
"The whole nation was, I think, trembling over the uncertainty of where we were going with this. He was picking a fight with the entire world."
The political, international trade, and financial guru said he came to his senses and the confusion cleared after a breakfast meeting at the Regency Hotel with some close friends and financial insiders.
"So I said Monday, 'Isn't the problem with China? Why are we getting everybody – the U.K., the European Union, Japan? China's the problem.' I couldn't understand it," Rivera said.
"We all are talking. 'Oh my God, this is awful, but we're doing the right thing – You have to have courage. You have to stick it out.'
"I went to my Twitter followers," Rivera said. "I said, please don't sell – this is on Sunday and Monday – please don't sell unless you absolutely have to.Despite saying that Trump's approach was bold, Rivera concluded it as a necessary evil in dealing with China.
"And then, look what he does. Surprise!
"You know, this is why Trump is triumphant.
"This is why you can't beat this guy."
"You know, this is why Trump is triumphant.
"This is why you can't beat this guy."
"China's been cleaning our clock for a long time, making a lot of money on the U.S. trade in a lot of different ways – Dumping product, not taking ours at all," Geraldo said.
"I think that what he did was brilliant – and a lot of people are heaving a huge sigh of relief.
"No one knew how far this was going to go, whether we really were about to go off the cliff forever. I just feel sorry for all the people who chickened out, and sold out," he prognosticated.
"No one knew how far this was going to go, whether we really were about to go off the cliff forever. I just feel sorry for all the people who chickened out, and sold out," he prognosticated.
Said Trump's Treasury Secretary, Scott Bessent:
“We saw the successful negotiating strategy that President Trump implemented a week ago today. It has brought more than 75 countries forward to negotiate.
"It took great courage for him to stay the course until this moment, and what we have ended up with here.
"As I told everyone a week ago from this very spot (outside the Oval Office's from Doors,) do not retaliate, and you will be rewarded.”
"It took great courage for him to stay the course until this moment, and what we have ended up with here.
"As I told everyone a week ago from this very spot (outside the Oval Office's from Doors,) do not retaliate, and you will be rewarded.”Added Bessent, “So, every country in the world who wants to come and negotiate, we are willing to hear you. We’re going to go down to a 10% baseline tariff for them.
"It wasn’t a hard message. Don’t retaliate. Things will turn out well.”
Explained Bessent, “This was the President’s strategy… You might even say that he goaded China into a bad position. They responded.
"They have shown themselves to the world to be the bad actors, and we are willing to cooperate with our allies and with our trading partners who did not retaliate.
"And China will be raised to 125% due to their insistence on escalation,” Bessent said.
"And China will be raised to 125% due to their insistence on escalation,” Bessent said.
