Valuetainment - August 19, 2025


ļ¼‚China's Feeling The HEATā€ - China ADMITS Trump Tariffs CRIPPLED Economy & DEVASTATED Trade


Episode Stats


Length

8 minutes

Words per minute

169.24118

Word count

1,417

Sentence count

132

Harmful content

Misogyny

2

sentences flagged

Hate speech

1

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

China just admitted that Trump's trade tariffs are taking a toll on their economy. What does that mean for the world's second-largest economy? And what will China do about it? We talk about it all on this episode of the podcast.

Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.000 China just admitted that Trump's tariffs are taking a toll on their economy.
00:00:05.600 Think about that.
00:00:06.840 That they have to finally admit that it's taking a toll on their economy.
00:00:11.480 Let me read this to you.
00:00:13.500 China's economy weakened in July with Beijing,
00:00:16.140 acknowledging the impact of U.S. tariffs,
00:00:18.140 as stated by Fuling Yu, spokesman and chief economist of China's National Bureau of Statistics,
00:00:23.360 which Tom's got a very good point to say about that,
00:00:25.340 who noted the international environment in July was complex and severe
00:00:28.700 with the continued impact of trade protectionism and unilateralism.
00:00:34.040 Official data showed industrial output rose 5.7% year over year,
00:00:39.360 down from 6.8% in June.
00:00:41.520 Retail sales growth slowed to 3.7%, the lowest in 2025.
00:00:46.160 And unemployment rose to 5.2% with millions of college students struggling to find work.
00:00:50.500 Chinese exports to the U.S. fell 22% in July.
00:00:55.280 Compared to the previous year, amid ongoing trade negotiations with the Trump administration,
00:01:00.620 the U.S. and China extended a temporary trade truce in May for another 90 days on Monday,
00:01:05.120 keeping U.S. tariffs on Chinese goods at 30%,
00:01:07.140 higher than during the Biden administration,
00:01:08.940 but lower than the 100% rates in April,
00:01:11.080 with Trump administration also closing tariff loopholes,
00:01:14.160 like the de minimis exemption and transshipment through third countries.
00:01:20.100 They're feeling the pain.
00:01:21.340 Oh, tariffs are not going to do anything to China.
00:01:23.660 We're going to pay price for it.
00:01:24.800 Really?
00:01:25.420 That's not what China is saying.
00:01:27.520 Tom, thoughts?
00:01:28.200 I'll tell you, I have a few thoughts here.
00:01:31.140 China was, how many of you out there,
00:01:34.300 and I'm sure there's people out there,
00:01:35.360 think about this, Vinny,
00:01:36.680 let's say you have a company and you have one big customer
00:01:39.500 and you really rely on that customer,
00:01:41.300 and they go from 20% of your business,
00:01:45.340 one-third of your business,
00:01:46.880 40% of your business,
00:01:48.120 it's like what I used to talk to my dad about.
00:01:53.040 It says, remember, in business,
00:01:55.520 if you owe the bank $10 million, you're in trouble.
00:01:58.280 If you owe them a billion dollars, they're in trouble.
00:02:01.600 And so you take a look at this,
00:02:03.920 you have this one giant customer,
00:02:05.380 and then that customer says,
00:02:06.880 hey, you know, we're really having a tough time.
00:02:08.480 We might go into a recession.
00:02:09.760 Who panics?
00:02:10.560 You.
00:02:11.080 You're like, oh my gosh,
00:02:12.140 40% of my business is relying on this customer,
00:02:14.220 and now this customer is in trouble.
00:02:15.840 That's exactly what's happened to China, 1.00
00:02:17.480 because underneath China,
00:02:18.640 they had a poor labor market,
00:02:20.480 they have poor opportunities for the next generation,
00:02:22.940 they have a completely mismanaged real estate industry
00:02:26.160 throughout the,
00:02:26.880 you see them tearing down apartment buildings
00:02:28.460 that were built to make mini cities in the wrong areas,
00:02:31.320 and there was no one to live there,
00:02:32.760 and so they're tearing them down.
00:02:34.120 So behind, guess what was a big Band-Aid on top of it?
00:02:38.800 Another $10 billion of trade with the U.S.
00:02:42.380 It was a big Band-Aid.
00:02:43.820 And what did Trump do?
00:02:45.880 Daddy's home.
00:02:47.440 And all of a sudden,
00:02:49.240 the U.S. exports fell one-fifth this July versus last July.
00:02:55.020 So people want to know,
00:02:56.260 whoa, you haven't got a trade deal with China yet.
00:02:58.080 You haven't got a trade deal with China yet.
00:03:00.200 They'll be here.
00:03:01.060 Yeah.
00:03:01.620 They'll be here.
00:03:02.440 This puts us closer and closer to a deal.
00:03:05.900 Adam.
00:03:06.940 Yeah, Tom's absolutely right.
00:03:08.500 If you see what's going on,
00:03:09.280 there's slow growth.
00:03:10.240 There's exports have dropped significantly.
00:03:11.780 They have empty ships without cargo.
00:03:14.240 Factories are laying off work.
00:03:15.780 I think they actually just played like,
00:03:17.440 let's make a deal to try to inflate these ghost cities with real estate. 0.87
00:03:21.760 They're basically saying,
00:03:22.920 listen, guys,
00:03:23.560 we're going to give you a half off.
00:03:24.580 We're going to give you subsidies.
00:03:25.720 Buy some of these apartments because there's nobody living there.
00:03:28.660 So imagine building apartments all around Nebraska, Omaha, Iowa.
00:03:33.560 You're doing all these cities and then nobody's moving there.
00:03:35.700 And now they're like, we'll give you a half off.
00:03:37.540 Come work at the factory.
00:03:38.660 Free apartment.
00:03:39.380 Please.
00:03:39.780 Yeah.
00:03:40.040 So free, free, free.
00:03:41.140 Where have I heard that before?
00:03:42.940 Communism.
00:03:43.960 So yeah, Tom's absolutely right.
00:03:46.040 China's going to feel the heat. 0.88
00:03:47.000 I don't think they've succumbed to the full deal yet, but it'll happen.
00:03:51.060 Tom, great point.
00:03:51.900 If, you know, 25, 50% of your deals that come through one,
00:03:59.080 what'd you call it?
00:03:59.780 One customer, you have a major problem if that customer stops buying.
00:04:03.620 Trump, while this is taking place,
00:04:06.660 says no eminent plan to penalize China for buying Russia oil.
00:04:11.240 Rob, I think you have a clip on this one here.
00:04:13.540 He says that while saying at the same time,
00:04:18.440 semiconductor tariffs are coming soon.
00:04:20.480 And you know how high they could reach, according to Bloomberg?
00:04:23.940 300%.
00:04:24.420 300%.
00:04:26.060 So what is he doing?
00:04:27.120 Here's him and Brett Baer.
00:04:29.960 Go ahead, Rob.
00:04:31.280 That Putin comes to this table maybe in an economic pinch
00:04:35.500 and that maybe the things you've already done
00:04:37.920 have put him in an economic pitch.
00:04:41.340 Is there an economic side to this
00:04:43.180 as Russia hoping to open up to the world?
00:04:48.500 Well, he lost an oil client, so to speak,
00:04:52.940 which is India, which was doing about 40% of the oil.
00:04:56.780 China, as you know, is doing a lot.
00:04:59.060 And others, I have another few countries.
00:05:01.380 And if I did what's called a secondary sanction
00:05:04.000 or a secondary tariff,
00:05:05.880 it would be, you know, very devastating from their standpoint.
00:05:09.960 If I have to do it, I'll do it.
00:05:11.220 Maybe I won't have to do it.
00:05:13.700 Typical Trump.
00:05:14.400 Maybe I'll do it.
00:05:15.060 Maybe I won't.
00:05:15.600 Maybe I'll have to do it.
00:05:16.360 Yeah, maybe I'll do it.
00:05:17.600 Maybe I won't do it.
00:05:18.500 But the reality of it is,
00:05:19.800 this is also leading to once Russia-Ukraine is solved,
00:05:25.060 then tariff is solved.
00:05:27.560 Semiconductors are part of the tariff issue
00:05:30.000 because, you know, that's also him trying to negotiate
00:05:32.940 a future peace deal between China and Taiwan,
00:05:36.840 which China is watching very closely
00:05:39.660 on everything that's going on between Russia and Ukraine
00:05:43.160 because China knows their Ukraine is Taiwan
00:05:45.920 and they're watching that in a way
00:05:47.380 to see what they're going to be doing next.
00:05:49.360 All eyes on Russia, Ukraine, Zelensky, Putin,
00:05:53.200 all of that going on from China's perspective.
00:05:55.960 Tom, your thoughts on this.
00:05:56.960 Final thought on semiconductors.
00:05:58.040 Make it real quick.
00:05:59.120 Trump cleared the boards of regulation
00:06:01.140 and to allow semiconductors to come back to the United States.
00:06:03.940 They want TMSC, Taiwan Semiconductor Company.
00:06:07.940 They want to be here.
00:06:08.660 A factory was started in Arizona under Biden,
00:06:11.320 as a matter of fact, the CHIPS Act.
00:06:13.740 But now what Trump is saying,
00:06:14.760 you know what Trump is also saying?
00:06:16.200 He's putting the American semiconductor industry on the clock,
00:06:19.500 saying you said you were going to build your factories here.
00:06:22.340 Get on with it.
00:06:23.920 Build, build, build.
00:06:25.120 Build, baby, build.
00:06:26.140 Because as soon as he puts the tariffs over there,
00:06:27.960 it's expensive unless they're made here.
00:06:30.020 That's right.
00:06:30.560 Now, you know, part of this is also, you know,
00:06:33.440 Apple, $600 billion,
00:06:34.660 all these other companies that made the promises.
00:06:36.280 Pressures on a lot of people
00:06:38.380 because he's moving faster than businesses are.
00:06:41.540 And businesses are not accustomed to the government,
00:06:44.160 the, you know, White House moving faster than them.
00:06:46.480 But there happens to be an entrepreneur in the White House
00:06:49.040 who's accustomed to moving fast.
00:06:51.260 And they're not fans of that.
00:06:53.880 There's a lot of things that's going on right now in the marketplace.
00:06:56.320 Tomorrow night, the 19th,
00:06:58.700 Tuesday night, the 19th at 6 p.m.,
00:07:01.120 free webinar, 20 threats,
00:07:04.100 20 business threats you cannot ignore in 2025.
00:07:07.140 We do this every year,
00:07:08.680 and it's a new one every single year that we go through.
00:07:11.100 I highly, highly recommend,
00:07:13.220 if you're somebody that runs a small business,
00:07:15.800 you're an executive with a company,
00:07:17.300 or somebody that's an entrepreneur,
00:07:18.680 you're running a business,
00:07:20.200 you're planning on doing something for yourself,
00:07:22.200 whatever you do,
00:07:22.920 do not miss tomorrow night's webinar at 6 p.m.,
00:07:25.200 August 19th.
00:07:26.480 Again, 6 p.m.,
00:07:27.480 everybody at the end gets the white paper
00:07:30.040 of the 20 threats.
00:07:31.520 Everybody gets the white paper of the 20 threats,
00:07:34.860 and a couple other items that we'll be discussing on that.
00:07:37.380 Rob, the link for it is vtwebinar.com.
00:07:39.840 Go to vtwebinar.com to register for the webinar.
00:07:44.920 Again, vtwebinar.com.
00:07:47.580 If you enjoyed this video,
00:07:48.560 you want to watch more videos like this,
00:07:49.940 click here,
00:07:50.320 and if you want to watch the entire podcast,
00:07:52.640 click here.
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