“Iran’s BREAKING Point” - Trump’s 25% Tariff THREAT ESCALATES US-China Tensions
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Summary
Trump says any country doing business with Iran will face a 25% U.S. tariff. We talk about why this is bad and what it means for the Iranian people. We also talk about the impact this could have on the global economy.
Transcript
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Trump says any country doing business with Iran will face a 25% U.S. tariff, 25% U.S. tariff.
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President Trump said on Monday, any country doing business with Iran will face a 25% tariff
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on any and all business being done in the U.S. That new tariff on imports from Iran's
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trading partner is effective immediately, Trump said in a true social disorder. This order is
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final and conclusive. Thank you for your attention to this matter. Further details about the tariff
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announcement were not immediately clear. A White House official declined to answer.
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Disapparent effort by Trump to economically isolate Iran comes as in, as the,
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that was good. As the oil rich Middle Eastern country struggles to suppress an ongoing
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swell of massive anti-government protests, dozens of those protesters have been,
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well, it's not dozens anymore. The report was 2,500 and CBS reported allegedly 12,500
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killed. Tom, 25% tariff on people doing business with Iran as if they're not already suffocating
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with inflation being 55%, water issues, right? Unemployment issues. The average worker making
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less than a gram of gold per month, $110 a month. How bad is this when he puts this on them?
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Okay. So it goes like this. My dad got really upset with me and grounded me. So I have to go to my
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room when I get home from school and I'm sitting in my room. Then he gets home the next night and my
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mom says, Hey, the report card just came in the mail. The report card sucks too. He knocks on the door
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to my room and he says, you're not grounded for one week. You're grounded for two weeks. Well,
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I'm already grounded. So really I looked at this when it came out and I said, really, what's he saying?
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He's saying anybody that's doing business with people that I'm already punishing. And remember,
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India is part of this. He said, then, um, okay, we'll put another 25% on anybody doing business.
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So in other words, I already have China tariffs. I'm already got sanctions on Russia and I've already
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sanctioned on Iran. But if anybody wants to even look like they're doing a backdoor deal on Iran,
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on, with, uh, Iran for, um, uh, I mean, Russia's buying drones. There's some black market oil being
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sold. So anybody caught doing that now it's another 25%. So the really, I think the, the,
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what really happens here is that he wants to cause what few customers that Iran has to, to even lower
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what's what they're buying, which points to China because China is trying to buy, they buy black market
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oil. So he's like saying, okay, we're going to put another 25% on China. So this is really like
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hitting again, a dog you've already been hitting for a month.
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Brandon, your thoughts on this? Yeah, no, it's, um, I think they're at the breaking point where
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something could happen here, like where the, you know, leadership change could happen. And, uh,
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this is, um, you know, you just gotta keep like piling like layers on top of it to see what breaks.
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And I don't think, uh, organic revolution leadership changes ever happened without the assistance of
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an outside powerful force. So, you know, I think he, he's in favor of leadership change. I think
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he's trying to do whatever he can without putting boots on the ground to make that happen. I think
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it's close to happening, but, um, yeah, I, uh, it's interesting. Like we were talking about last
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week, how China's real power or their edge in, in, um, geopolitics is getting cheap oil from Russia
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and Iran. So, you know, we're kind of putting them in a situation too, where it's more difficult to
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get that cheap oil from Russia and Iran. So maybe China could, um, be helpful here. I don't know.
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Yeah. And do what? And, um, you know, like go somewhere else for oil in the meantime and
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stuff. Why would they, they're getting it at a massively discounted rate? Yeah. Well,
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that's where negotiation comes in. Like, like, it's like, what do we care about more? For
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us to say, stop doing business with them. Yeah. Take a pause. You realize this 25% is really,
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who's he talking to with the 25%? I think China countries. Yeah. China and India. Yeah. So
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China is going to sit there and say, yeah, I'm pretty much getting it for free. I'm not paying anything
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for it. And you think, you think he's really going to come through with this 25%. I know. I think it's
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a good, uh, threat, but you know, now we have Venezuela oil that we get, we get, um, put on the
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table. You just imagine if you're the accountant, like you're the comptroller general of the U S
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who the hell is the comptroller general of us right now, Rob used to be a guy named David Walker 20
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years ago, who, whom I interviewed one time, who is the comptroller general of the U S today? We're not
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even talking about this guy. This poor CFO must be having, there's no way this person is sleeping.
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Can you, this is the CFO of America folks. Let's give him some credit. Can you pull up his picture
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Rob? Who are you? And no one's even talking about you. Yeah. She's the comptroller general of the U S
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okay. Go to her. Is she really the comptroller? I think there's a better picture than that one on
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the American flag there. She looks kind of crazy. No, no, but I'm actually being serious. Is this truly
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the comptroller general of the U S today? Is she the comptroller general of the U S or a state
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began December, 2025 says she's the acting comptroller who sat in the chair following the
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retirement of Jean Dorado, who retired just a couple of weeks ago on December 29th. So who's
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the new one? She's the acting and it hasn't been named. So they haven't announced the new one yet.
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Right. And this is just a couple of weeks ago. Well, go to Jean Dodaro, who is a Jean Dodaro was the
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one that was doing all the stuff in 2025? Correct. Can you go to Jean, please? He was official.
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Who is Jean Dodaro? Funny that we don't even know who this person is. This guy's probably aged more in
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the last 12 months than the last 40 years. The amount of every day, 25%. It's like, it's like
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working for a sales company and the CEO keeps changing the comp plan every day. Okay. You have
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change it here, change your commissions to this year, change your commission to there's a,
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it's like this constant, you know what I'm saying? Like that, that's, that's what it is
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working in that environment. But, uh, the threat is you're suffocating Iran to have no choice,
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but for everybody to stop doing business, to eventually give up, he's trying to get these
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guys to quit and give up. Do you think it'll happen? Mark Iran?
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I think there's a bigger problem at play here. And so, uh, while I certainly hate what's
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happening there and I hate to see the people getting slaughtered. I mean, it's just absolutely
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insane to think that people still live like that in today's day and age is insane to me, but
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the bigger problem that we have is, is China. And so what China is doing is they're setting up a,
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a new parallel financial system. The dollar is the reserve currency of the world. The U S dollar
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is the payment network of the world back to Visa and MasterCard. The U S dollar is the payment
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network of the world. And so the U S is able to sanctions, sanctions, sanctions, sanctions,
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but eventually you kick so many out of that payment network, that financial system,
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and they go find a new one. And China is setting up a parallel system through Hong Kong that's being
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settled in gold. And the, and they've now set up swap lines with 32 countries, almost every country
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except the United States. And so now all of these countries can do business with themselves
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using the RMB being settled in gold in real time, and they don't have to use the dollar network.
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And so this is happening and it's happening very, very quickly. And the more that we weaponize the
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dollar and the more that we slap sanctions, the more it drives people to that network. And so
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what happens is this has diminishing returns. And so while I certainly would love to help the people
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in Iran and I would love to see the United States somehow changes, you said it needs an outside power
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to affect this. The problem is, is that it's accelerating the demise of the dollar.
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Very good point. Because behind closed doors, this is getting people to say, well, I want to
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independently do it. So let me lean on China to help me out with this. If that ends up actually
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happening, you know who behind closed doors is celebrating right now with Iran getting hit left
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and right. And they're, they're hoping Iran doesn't have a revolution. You know, it's the one country
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that is hoping Iran doesn't have a revolution. Iranian people don't become free. Iran doesn't
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become a democracy. Humberto said it in the back and you know who it is. Saudi Arabia. Saudi
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is sitting there saying, no, man, like let him stay like this. Let the sanctions stay on.
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Let people not do business. Keep it like this. This is more business for us. Saudi is quietly
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sitting there saying, please stay chaotic. Please don't get rid of IRGC. There's no other
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country in the world that is probably quietly supportive of IRGC than Saudi. Quietly in their
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own way, not in a way that they're helping them out in their own way. Brandon, you look
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like you want to say something. Yeah, no, I do agree with you. You're saying with the demise
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of the dollar, but the renminbi, I've never thought of that as like something the rest of the world
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would rely on. They're not relying on it. They're not relying on it. It's only used as
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liquidity and it's all settled in gold. They're relying on gold.
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Held in China, though? It's not. They're settling it. And so it's not fully functional
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yet, but it's rapidly accelerating. It's all happening through Hong Kong. So the Shanghai
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Gold Exchange is working or partnering with the Hong Kong board. And so it's all being used
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only as liquidity, but again, settled in gold. And so we're seeing the reserve currency of the
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world. The U.S. Treasury has been dropping right from 60 percent down to just under 50 percent in
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just like the last decade. But we've seen gold now rise to about 30 percent. It's happening very,
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very quickly. And behind closed doors, isn't it if you, Rob, type up what country has been buying up
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the most gold the last five years or four years? I think China's at the time. Well, China doesn't
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report it all, so we don't really know. But to answer your question, nobody's going to trust
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Chinese currency. It is not a free, oh, it's not an open capital market. Nobody will trust it.
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They don't have to. All they're using it is for the liquidity, and then the gold is what's settling
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it. Yeah. So you're not saying that the China's threat to be the next reserve currency at all,
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right? No, gold. That's why gold's 4,600 bucks an ounce right now.
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That's a whole conversation. But yes, I mean, that's what's happening. We've seen, like I said,
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U.S. Treasuries has dropped below 50, gold's up over 30 percent in reserves right now.
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