Latest / Turley Talks / Ep. 3395 Trump Just ANNOUNCED the Biggest Trade Deal Ever Made!!!
Transcript
- 0:00[SPEAKER_01]: The liberal globalist order is on its brink and awakening a new conservative age.
- 0:06[SPEAKER_01]: Dr. Steve Turley joined me every day as we discover answers to today's toughest challenges and explore the re-bondalization of conservative civilization.
- 0:18[SPEAKER_01]: This is Turley Talks.
- 0:20[SPEAKER_02]: But I just saw the largest trade deal in history.
- 0:23[SPEAKER_02]: I think maybe the largest deal in history with Japan.
- 0:30[SPEAKER_02]: And that was done with Japan.
- 0:31[SPEAKER_02]: They had their top people here, and we worked on it long and hard, and it's a great deal for everybody.
- 0:38[SPEAKER_02]: I always say it has to be great for everybody.
- 0:40[SPEAKER_02]: It's a great deal.
- 0:41[SPEAKER_02]: A lot different from the deals in the past.
- 0:44[SPEAKER_02]: I can tell you that.
- 0:45[SPEAKER_02]: But we're doing really well as a country with strong.
- 0:49[SPEAKER_02]: We have a lot of money flowing in the tariffs, or kicked in better than anybody other than me.
- 0:54[SPEAKER_02]: And a few of the people in the room thought could happen, Howard, and Scott.
- 0:59[SPEAKER_02]: And I just want to thank you, and you've been unbelievable allies, because you really allies.
- 1:05[SPEAKER_02]: That's what you've been, and we appreciate it.
- 1:07[SPEAKER_02]: Some of you, some were very difficult, but you got there.
- 1:12[SPEAKER_01]: He did it again, gang, Trump defied all previous political precedent.
- 1:18[SPEAKER_01]: Imagine a single stroke of a pen bringing five hundred and fifty billion dollars of foreign money pouring.
- 1:28[SPEAKER_01]: in the American communities while slashing unfair tariffs overnight.
- 1:33[SPEAKER_01]: Sound impossible.
- 1:35[SPEAKER_01]: President Trump just did it.
- 1:36[SPEAKER_01]: And I'm going to break down for you what this means for our economy and the end of globalism as we know it.
- 1:44[SPEAKER_01]: Hey gang, it's me, Doc, to Steve your Patriot professor here to help you make sense of a rapidly changing world where nationalism populism and traditionalism are rising like never before.
- 1:55[SPEAKER_01]: So make sure to smack that bell and subscribe button.
- 1:58[SPEAKER_01]: So just hours ago, President Trump announced what he calls the largest deal ever made with America's longtime ally, Japan under the new agreement.
- 2:10[SPEAKER_01]: Japan will invest a staggering five hundred and fifty billion dollars in U.S.
- 2:15[SPEAKER_01]: industries and the United States will keep ninety percent of the profits.
- 2:20[SPEAKER_01]: In return, Japanese exports will face a flat, reciprocal fifteen percent tariff way down from the twenty five percent hammer Trump threatened just weeks ago.
- 2:31[SPEAKER_01]: Tokyo also agreed to pry open its protected markets for American cars, trucks, rice, and key farm goods, again, which have been very, very protected over the years.
- 2:44[SPEAKER_01]: Now, to put this in perspective, five hundred and fifty billion dollars is roughly the size of Sweden's entire economy.
- 2:55[SPEAKER_01]: their GDP, it would literally be like taking Sweden's GDP and just pouring it every year into the United States.
- 3:03[SPEAKER_01]: Hundreds of thousands of new US jobs are projected from this, especially in auto and agriculture, and revenues from the Japanese tariffs alone.
- 3:14[SPEAKER_01]: could top twenty two billion dollars a year based on twenty twenty four import volumes.
- 3:21[SPEAKER_01]: Here's treasury secretary Scott Bassett on how Trump secured the deal of the century.
- 3:28[SPEAKER_00]: I think he's created a lot of leverage because he's created an AB situation.
- 3:35[SPEAKER_00]: He was able to go to the trading partners and say, look, I am happy to take in this tariff income if you don't want to negotiate.
- 3:43[SPEAKER_00]: This is a high rate, but the U.S.
- 3:46[SPEAKER_00]: is taking a massive amounts of tariff income.
- 3:48[SPEAKER_00]: We had the first June budget surplus since
- 3:57[SPEAKER_00]: Last month, we reported it this month.
- 4:00[SPEAKER_00]: And so we are taking in substantial income.
- 4:02[SPEAKER_00]: So President Trump is creating this leverage by saying, if you don't want to negotiate with me, I've sent you a letter with a high rate.
- 4:11[SPEAKER_00]: You have at the high rate or come and negotiate in better fashion.
- 4:16[SPEAKER_00]: Because I'll tell you, what was fascinating for me, and this was President Trump at his best, at his best.
- 4:22[SPEAKER_00]: was the Indonesians came with what I thought was a very good offer out of the blocks.
- 4:31[SPEAKER_00]: President Trump kept pushing them.
- 4:33[SPEAKER_00]: He raised the reciprocal rate when he sent them to the letter.
- 4:37[SPEAKER_00]: And five iterations later, the Indonesian trade deal was greatly improved, turned into a great deal for both sides.
- 4:45[SPEAKER_01]: I love it, so Trump has been so radically successful in these trade negotiations because he anchored the negotiations with the sticks, threatening a painful twenty-five percent tariff if nothing gets negotiated.
- 4:59[SPEAKER_01]: In turn, Japan blanked offering investment cash
- 5:03[SPEAKER_01]: plus access to its famously closed markets.
- 5:08[SPEAKER_01]: I guess I should say infinitely close markets in exchange for a friendlier fifteen percent rate.
- 5:13[SPEAKER_01]: So this move echoes Trump's earlier liberation day doctrine where he basically said in a nutshell countries either pay up or they open up.
- 5:24[SPEAKER_01]: Hey, countries of the world, you either pay up or you open up.
- 5:28[SPEAKER_01]: It's one or the other.
- 5:29[SPEAKER_01]: Critics call it coercive, but Americans call it leverage.
- 5:33[SPEAKER_01]: And that is exactly what Scott Besson is calling it.
- 5:37[SPEAKER_01]: Again, the legacy meetings doing everything they possibly can to backtrack on the or even just downplay and ignored this huge trade deal.
- 5:46[SPEAKER_01]: But it's all to know a veil.
- 5:48[SPEAKER_01]: More and more people recognize that what passes for journalism today is a little more than politically charged activism with a headline slapped on top.
- 5:57[SPEAKER_01]: That's why I turn to ground news.
- 6:00[SPEAKER_01]: It cuts straight through the noise and shows you what's actually happening.
- 6:03[SPEAKER_01]: Ground news brings together headlines from over fifty thousand sources across the globe.
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- 6:21[SPEAKER_01]: So that's why over a million people have downloaded ground news.
- 6:24[SPEAKER_01]: See for yourself at ground.News slash Steve.
- 6:28[SPEAKER_01]: My favorite feature is the blind spot feed.
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- 6:36[SPEAKER_01]: on the other.
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- 6:40[SPEAKER_01]: The percentage of Canadians who see the U.S.
- 6:43[SPEAKER_01]: as a top threat has tripled.
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- 6:49[SPEAKER_01]: After months, of course, tensions over terrorist trade and rhetoric over Canada becoming the fifty-first state.
- 6:55[SPEAKER_01]: And here's a story that the left is ignoring.
- 6:58[SPEAKER_01]: The FBI just launched criminal investigations into John Brennan and James Comey.
- 7:04[SPEAKER_01]: Again, the left is completely ignoring this bombshell story that two top former officials are now facing probes into possible misconduct in alleged false statements.
- 7:15[SPEAKER_01]: With every story, Ground News shows you the entire spectrum of who's reporting from left right in center, how reliable each source is,
- 7:24[SPEAKER_01]: and who owns each outlet.
- 7:26[SPEAKER_01]: It's everything the corporate press doesn't want you to see.
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- 7:33[SPEAKER_01]: That's the one that I have, which gives you unlimited access to all the features.
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- 7:49[SPEAKER_01]: Now, what Trump has been securing with these trade deals goes far beyond just a huge win for our economy.
- 7:56[SPEAKER_01]: It actually represents nothing less than the return of a nationalist-based world order.
- 8:03[SPEAKER_01]: Now, for decades, what's been called the liberal international order, they preach free trade and shrinking borders, which kept wages stagnant all the while corporate and CEO earnings skyrocketed.
- 8:17[SPEAKER_01]: Trump steal flips that script.
- 8:20[SPEAKER_01]: Trump is reviving what's classically known as mercantilism, the idea that national power grows when the state drives hard bargains to boost domestic surplus.
- 8:32[SPEAKER_01]: Market toism sees trade as an extension of national security.
- 8:37[SPEAKER_01]: And in instituting the return of mercantilism,
- 8:40[SPEAKER_01]: Trump is reestablishing a form of economic nationalism, but now in the guys of what we might call economic civilization, where global economies are now being increasingly organized, more around
- 8:56[SPEAKER_01]: great power blocks around the world.
- 8:58[SPEAKER_01]: And what Trump is doing, particularly with these tariffs and these bilateral trade negotiations with over seventy countries worldwide, is he's completely eclipsing globalist institutions like the WTO.
- 9:11[SPEAKER_01]: In fact, the World Trade Organization has rendered so irrelevant it could literally disappear off the face of the planet and no one would ever know.
- 9:20[SPEAKER_01]: By locking in ninety percent of profits for the U.S.,
- 9:25[SPEAKER_01]: and taxing foreign imports, Washington is signaling the end of the rule's base order and the dawn of hard-edged, nationalist-based reciprocity.
- 9:38[SPEAKER_01]: And by reinstituting mercantilism, by reinstituting trade as an extension of national security,
- 9:46[SPEAKER_01]: The big winners and all of this are American workers and steel, autos and Midwest farms, domestic manufacturers are now buying five hundred and fifty billion dollars in fresh capital for plants, chips, LNG terminals, and the U.S.
- 10:02[SPEAKER_01]: Treasury is looking now at new tariff revenue plus a projected private sector boom.
- 10:08[SPEAKER_01]: I made it to huge win for the Trump administration and for America as a whole.
- 10:15[SPEAKER_01]: For their part, in Japan, I mean, frankly, things aren't that great.
- 10:20[SPEAKER_01]: They're Prime Minister.
- 10:20[SPEAKER_01]: She'll get her each about.
- 10:22[SPEAKER_01]: He's under enormous pressure to resign after particularly after the election this past weekend.
- 10:27[SPEAKER_01]: We did a video on this.
- 10:29[SPEAKER_01]: Their brand new Japan first Trump inspired party called San Cato.
- 10:34[SPEAKER_01]: Just pulled off one of the most stunning electoral victories in modern political history.
- 10:40[SPEAKER_01]: They went from holding just one seat in the Japan parliament to now
- 10:45[SPEAKER_01]: Fifteen seats, making them the third largest opposition party literally overnight.
- 10:52[SPEAKER_01]: Again, there are Trump-inspired party in Japan first party.
- 10:55[SPEAKER_01]: It was a massive repudiation in the more globalists-inspired policies of the ruling liberal party.
- 11:01[SPEAKER_01]: They're called liberal.
- 11:02[SPEAKER_01]: They're actually the more establishment-conserved sort of the rhino party of Japan that is
- 11:07[SPEAKER_01]: ruled them as uninterrupted since the beginning of the post war era.
- 11:12[SPEAKER_01]: But now it looks like Japan is increasingly more moving more in the direction of the Trumpian doctrine of civilization states with this new party, some say to.
- 11:22[SPEAKER_01]: Well, most certainly be keeping an eye on how all that develops.
- 11:25[SPEAKER_01]: But in the meantime, Japanese automakers will now be paying a fifteen percent tariff to reach US showrooms.
- 11:34[SPEAKER_01]: all the wild globalist think tanks are mourning the liberal order slow but sure demise in which Japan secured Trump's now boasting that Europe is coming tomorrow and of course he's got the Philippines now just signed a nineteen percent and Indonesia's next translation the fifteen to nineteen percent
- 11:58[SPEAKER_01]: banned is the new normal replacing the under two percent tariffs of the liberal international era, which means literally hundreds of billions of dollars of revenue pouring into the U.S.
- 12:12[SPEAKER_01]: Treasury every single year.
- 12:15[SPEAKER_01]: I mean, seriously, seriously, again, picture mainstream America five years from now.
- 12:21[SPEAKER_01]: Shiner factories, roaring tractors,
- 12:25[SPEAKER_01]: Young families finally saving for the future because their wages are going up.
- 12:30[SPEAKER_01]: That's the promise of what Trump secured today.
- 12:34[SPEAKER_01]: It's but the latest in an unblemish record of winning, winning, winning.
- 12:42[SPEAKER_01]: So what do you think?
- 12:43[SPEAKER_01]: Let me know in the comments section below.
- 12:45[SPEAKER_01]: And as always, make sure to smack that bell and subscribe button for breaking news and analysis you're not going to hear anywhere else.
- 12:53[SPEAKER_01]: Love you guys.
- 12:54[SPEAKER_01]: God bless.
- 12:55[SPEAKER_01]: Everyone, Dr. Steve here.
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- 13:12[SPEAKER_01]: But the book was just the beginning.
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