00:00:00.000deliverance on its commitments to the U.S. Peter Navarro, senior trade and manufacturer advisor
00:00:05.280to President Trump. And Peter, you contend, and maybe not surprisingly, but you contend that the
00:00:12.880big picture for what the president accomplished didn't make its way over the transom or into the
00:00:20.220mainstream media dialogue. What do you mean? In what way? Joe, first of all, great to see you.
00:00:27.440And I think that's that's pretty clear. Look, we went over there and basically for one reason to maintain what really is a very favorable strategic position.
00:00:40.200Now, let me run through some of the checklists. I mean, think about this.
00:00:44.200We have effectively thrown both the Chinese and the Russians under the Don Roe doctrine out of Venezuela, which is a big deal, and out of Cuba, which is a big deal.0.68
00:00:55.640And the American Navy essentially controls the Strait of Hormuz, where oil flows not just to China, but to Asia.0.75
00:01:08.560We extracted a promise from Xi Jinping not to give any more weapons to Iran.
00:01:15.980Now, I think your viewers know, because they're a sophisticated audience, but let me just run through the check for us.0.55
00:01:22.380Every ballistic missile that Iran fires on Israel, on the UAE, on Saudi, wherever in the Middle East is fueled by Chinese rocket fuel.
00:01:32.940Every drone that launches attacks on American bases or on Israel or wherever in the Middle East is run by Chinese electronic components.0.75
00:01:43.420And if you know your history, Joe, the way we got the Soviets out of Afghanistan was0.91
00:01:50.240to sneak the Stinger missiles into the Mujahideen, and basically those are shoulder-to-air missile0.59
00:01:57.880launchers that knocked helicopters out of the sky and sent the Soviets out and actually
00:05:17.080We do have a commanding strategic edge now with our Navy in and around the Strait of Four Moose.
00:05:29.900They haven't really – the question is there – and look, this weapons thing is a big deal, Steve.0.57
00:05:35.560I mean, if the Chinese, look, Xi Jinping knows the story of the U.S. sending stingers to the Soviet Union and driving them out just as well as anybody, right?0.70
00:05:49.620And the last thing we need is the Chinese restocking the rocket fuel, restocking all the electric components and engines for the drones.0.63
00:06:00.920I mean, you know how that stuff works, Steve?
00:06:03.440It's like you can send that stuff over on planes.
00:06:10.900But if you get the drone components going on one cargo plane landing on what's supposed to be a passenger plane and it unloads, that's like another thousand drones that they're going to throw at us.
00:06:24.780They said, no, we're going to not do that.
00:06:26.520So, look, trust. No, don't even trust. Just verify. I mean, look, we're watching those land routes. They can come in through Pakistan using the Belt and Road Initiative. That's another thing. I didn't have time to say this on the tube, Steve.
00:06:43.740But that Belt and Road Initiative is not just a way of economic encirclement and debt trap financing.
00:06:54.720Those pieces of infrastructure can be rapidly converted to military use.
00:07:00.280And if they want to send whatever, man pads, drone components over to Iran, they can do that now using some of their Belt and Road infrastructure through Pakistan, through Turkmenistan.
00:07:18.040And I just like I people didn't get that story.
00:07:23.280They got some of that story on the war room, but but they didn't get in anywhere else because the whole idea was to mock taco Trump.
00:07:33.540Right. That was kind of like that's what it went.
00:07:37.100And I think if you just listen to that clip, that's that's that's a pretty good trip for this country.
00:07:48.180Do you think there was discussion about Iran?
00:07:54.020Do you believe you have the Arab nation, which I think is great, because to me, they've got to have a bigger stake in this.0.97
00:08:00.160And we now know, and I'm saying it's because of our calling them out, but we now know that they were actually engaged in military kinetic activity.0.92
00:08:06.920Do you believe, because they didn't really put it into their public release, do you think the Chinese are still as much of an ally of the Iranians as they were before, or is it more they're open to accommodation with President Trump in the West to try to get a solution here?0.96
00:08:28.440Steve, I don't know what the answer to that question is, but knowing the Chinese, I don't trust them.0.73
00:23:28.460So take advantage of this today. No obligation, totally free. It's also with the Birch Gold. Birch Gold is now, look, interest rates popping. I don't think, you know, we got Kevin Warsh, who's, I think, a great choice for the chairman of the Federal Reserve.
00:24:21.140In fact, you know, if they teach you kind of macroeconomics,
00:24:26.640the logical thing, I think there'd be more pressure,
00:24:29.880and Bowling, I think, said this in Cortez today,
00:24:31.820I think there'd actually be more pressure on a rate increase.
00:24:35.680But I don't think that's going to happen, at least not right now.
00:24:39.040Long way of saying, go to Bannon, B-A-N-N-O-N at 989898.
00:24:43.580You get all the information for investing in gold and precious metals.
00:24:46.960And if you're a have already been a customer of of Birch Gold, make sure that you talk to Philip Patrick.
00:24:54.800There's so much more to know. There's so much more to learn.
00:24:56.980They're always given updates, particularly in a very volatile capital market, in a very unstable capital market, capital markets.
00:25:04.840Why? Because of this geopolitical situation in the in the Persian Gulf.
00:25:09.980You heard the president of the United States came from his.
00:25:11.800You know, he said today that was so that's where we stayed for the whole hour on the on the ballroom because the questions he said, hey, I kind of made a decision that we were going and it sounded like he was going large today for more kinetic activity that will make things even more unstable, at least for a while.
00:25:30.000if you have not purchased gold, if you're a first-time customer of Birch Gold, Bannon,
00:25:36.020B-A-N-N-O-N at 989898. They're going to talk to you about the IRA possibilities,
00:25:41.120rolling over IRA, tax deferral, 401ks, all of it. If you qualify, and this is a qualifying
00:25:47.240purchase, that they can tell you how you qualify. You get a potential rebate of up to $10,000. So
00:25:54.060talk to Philip Patrick and the team there. Pretty extraordinary. Peter Navarro just came on.
00:26:00.000today from five to seven if we have time i'm going to try to play the entire cut
00:26:05.560peter went on squawk box today with joe i think it was joe kernan and uh and really laid out
00:26:12.140in like eight or ten minutes which is pretty extraordinary for morning squawk box uh his
00:26:17.360assessment of um the china situation and the and the summit etc uh president trump as you know
00:26:24.700So even with all the nice things he said about Xi, he understands that they're not trustworthy.
00:26:30.620And Peter made a very compelling case that this doesn't really affect the tariffs.
00:26:35.660He made, I think, a very big disclosure, which I think has been lost in all the media coverage about the beef.
00:26:41.160It's really that part of beef, I think it's called Ofal, that is really not sold to U.S. markets.
00:28:39.860is that the Chinese Communist Party is in no way,0.89
00:28:42.940going to help us with the situation with the persians you know they they announced hey we're0.91
00:28:47.200a 5 000 year civilization you're coming up for your 250 birth 250th birthday i hope it works out0.75
00:28:52.120for you over the long run uh the persians have been doing this for 3 500 years two ancient
00:28:57.520civilizations that are not crazy about the christian west short commercial break we're
00:29:04.660going to be back in the war room in just a moment. If you're 65 or already on Medicare,
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00:30:51.860stephen k bann okay um we've set up a uh with my patron supply the best company in the business
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00:32:28.180on the page of the memorial day bundle and this is only going to last you when world day so get
00:32:32.200on it now by the way patrick k o'donnell is going to join me for all of our memorial day specials
00:32:37.960and we're going to have um we're going to be on thursday we're going to have a crew we're going
00:32:43.800to be over there respectfully watching the veterans put up the flags they put up you know
00:32:48.000100 000 i think flags over at arlington and other places for our honored dead for memorial day so
00:32:55.080we'll cover all that neil mckay will be covering it um mike lindell massive breaking news and this
00:33:02.880shows you this is a reality check people this is a reality check one of the most woke companies in
00:33:10.120the country and they're nasty and they're mean and they hate maga they hate you who used to be
00:33:14.860some of their best customers particularly hate lindell the president all of us war room uh tarjay0.91
00:33:21.880target blockbuster news moments ago out of minnesota minneapolis what happened sir mike
00:33:28.540lindell yeah they're they're they're leaving downtown they just bought out their lease i
00:33:34.920believe it's 110 million dollars they only had a few years left but they would rather move out
00:33:40.860of minneapolis than be downtown minneapolis with all the world hang on hang on hold a full stop0.78
00:33:46.860full stop they created those people in the streets are their people that that's their homies
00:33:52.860how can you you can't tell me you can't tell me after creating woke and and and and being the
00:33:59.820most woke company out there and chasing away they'd rather not have maga come in the stores
00:34:04.640than make a sale to them they're that woke and that evil they can't possibly be leaving downtown
00:34:09.620downtown minnesota is where they're that's where their peeps are why would they leave downtown
00:34:14.120Minneapolis, sir? You know, you can't explain this, but it just, it goes to show you, you know,
00:34:21.580the stuff that's going on downtown Minneapolis is even, I don't know, too evil for them or too
00:34:27.720over the top for them. Remember, Target took God out of Target a long time ago, took the bell ringers
00:34:33.960out from the Salvation Army. This was years ago, and they had to bring them back because everybody
00:34:38.760he said, what are you doing taking God out of Christmas? You're taking, you know, they took
00:34:43.060Christmas out of Christmas at one point. Target was the worst. And by the way, Target was,
00:34:48.860they, we, we got, we distanced ourselves from Target way before all the other box stores
00:34:55.400canceled. Target tried to do something to my pillow that was inexcusable. And I said,
00:35:01.060I want nothing to do with you anymore. I actually pushed Target out back in the day.
00:35:05.180and then to see them now buying 110 million dollars everybody to say hey we're we don't
00:35:11.360want our lease anymore here's 110 million we can get away from our customer base i mean you can't
00:35:16.560make this up but maybe their base is changing though you know we do we do have the somalians
00:35:21.520and the sharia law going down going on and down no but but look look minneapolis is in minnesota0.82
00:35:28.600is one of the great states minneapolis great they're destroying that city one of people0.53
00:35:33.020The common sense, the common, Minnesota is known like Wisconsin, these, you know, these, these places up north for a lot of common sense and a lot of decency.