Brad Johnson update on China and Iran

For the entire transcript of this interview, please continue reading.

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Brad Johnson in the previous interview

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you mentioned how President Trump had

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done what the Democrats always said they

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wanted to do which is to make fantastic

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economic things happen bring jobs home

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and so on and so on obviously a fair

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amount of that was bringing those jobs

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home from China where they’ve been

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moving steadily for several

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administrations and you got to wonder

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what exactly there’s there seems to be a

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lot connected to the American Chinese

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trade negotiations people are calling it

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a trade war can you give us an update on

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that absolutely and it is by no means a

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trade war that is again just it’s one of

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the things that people like to throw out

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there because it’s they look at it as a

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way to criticize President Trump but

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it’s not based on fact now President

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Trump whatever you think of President

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Trump you got to recognize just basic

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facts and one of the basic facts is that

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President Trump is a master negotiator

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he just as good at this this is this is

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how he made his fortune and and very

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successfully so he’s a pro at that

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better than any of the previous

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presidents we’ve ever had I would say at

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least in modern history and what he has

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done is taken this this we were bleeding

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out with with the Chinese robbing his

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blind and they were making you know a

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trillion dollars over a couple years

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period based on what they were able to

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essentially steal and intellectual

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property and the manufacturing rights

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and a lot of the manufacturing going to

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China and all of these things so the

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president got tough on him and bringing

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us up to today then you know even two

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weeks ago the Chinese were out there

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saying okay you’re raising tariffs on us

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again fine we’re gonna raise tariffs

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against you we’re going to do this we’re

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gonna do this we’re going to do this so

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now in the last few days what the

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Chinese did is they backed off that

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completely they said no okay we’re not

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going to impose any of those tariffs

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let’s take a step back let’s try to

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negotiate and not only did they then

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decide not to go forward with additional

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tariffs they looked at already existing

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tariffs and got rid of those as well

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they backed all of those out as well not

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only the

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but they’re reimbursing the money that

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was collected during those previous

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tariffs so they’re there they’re not

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only not going forward they’re now

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taking a full step back on previously

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imposed tariffs so the Chinese took a

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look at the situation they saw their

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economy is tanking their job numbers are

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looking horrible they’ve got all these

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political problems in Hong Kong and the

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Chinese Communist Party is ruling China

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against the will of its people so it

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began to be a situation where the

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Chinese were becoming politically weak

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and just can’t tolerate this they’re

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bleeding out too quick in this problem

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so they’ve taken a step back on all of

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these things even to the point like I

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said they’re reimbursing previously

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collected tariffs so they’re they’re

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absolutely blinked in Nayana in the

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staring contest and have backed off all

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of this entirely and this is got to be

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given as 100% credit to Donald Trump

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because he’s the one that took us down

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this this this path nobody had thought

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of negotiating this way with the Chinese

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he has negotiated circles around them

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from the first day and they still

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haven’t figured out how to handle him

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now that’s not to say the Chinese aren’t

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acting now something we’ve discussed

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before I think the Chinese and in direct

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relations with the bilateral relations

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with the United States have basically

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but not capitulated but have backed off

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on all their demands and what they were

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trying to do because they see they

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cannot win

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Trump has all the cards and he’s playing

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them and just kicking their rear end in

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negotiations so what they still want to

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do is pressure Trump as best they can so

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I think that’s why we’re seeing Iran act

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out so much something we’ve mentioned

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before but Iran has been under sanctions

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since the 70s since Jimmy Carter all of

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that time till now they’ve been under

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sanctions now those sanctions have gone

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up and down they’ve been relaxed and

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they’ve been tightened throughout that

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period but all of that period Iran never

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reacted the way they react now doing

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things like bombing this bombing that

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they just did of the Saudi Arabia oil

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production facilities that’s something

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that really is taking all this to a new

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level

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capturing some of the tankers out in the

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Straits of Hormuz these sorts of

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activities they’re really taking all

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this to another level now why okay they

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are also under sanctions by the United

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States they’re also being greatly

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affected economically but this is not

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the first time that that’s happened and

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they didn’t respond this way before so

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the only wild card here the only real

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difference is China’s situation taking

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place at the same time now there may be

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more than a surrogate or less of than a

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surrogate of China but they’re our close

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partnership they’re the largest trading

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partner of Iran and so they have a very

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close working relationship Iran would

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not be acting up this way without at a

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minimum the acquiescence of China so I

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think this fits the Chinese needs as

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well so China is encouraging Iran to do

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everything they can do to push it to the

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brink of perhaps even a shooting war the

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Iranians don’t really care they you know

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want these sorts of problems in the

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world and China looks at it goes well

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you know we’re not directly involved so

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if there’s a shooting war that takes

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place or even some battles or or the

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United States making selective strikes

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that’s gonna make Trump look bad so

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that’s good for the Chinese it takes

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some of the pressure off them and

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negotiations they believe because Trump

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will be busy elsewhere with other things

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so I think the Chinese are playing this

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out this way this is their their method

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to be able to strike back against

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President Trump try to make him

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politically weak hope he doesn’t get

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reelected whatever they can do this is

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their one of their main methods to

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strike back so I think that is the

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unique aspect and why we see Iran acting

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out so boldly where they did not under

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exactly the same circumstances in many

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previous instances so to me that’s

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that’s kind of the why we find ourself

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in this situation right now and it’s

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based in and much are a large part on on

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on China the reality of what China is

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going through and the fact that Trump is

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just like I say just running circles

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around they don’t know how to strike

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back in any way so I think Trump is

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aware of all this looking at this whole

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situation and trying to decide how to

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put a strike back or not he I think is

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hesitant to do anything military

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but we’ll see he’s working with the

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coalition he’s working with the Saudis

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the Kuwaitis in this group of of

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countries that have been fighting in the

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proxy war in Yemen so they’re all in

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discussions and cooperation over this so

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we’ll see how that how Trump decides to

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proceed with this but he’s he is in

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charge these these are decisions that

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Trump is making and he’s had you know

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unbelievable success in negotiating with

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China well our economy goes up and up

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and up and up and our unemployment goes

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down and the poverty rates go down and

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the economy grows well the Chinese one

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is tanking going you know the opposite

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directions the Chinese see all that go

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out you know this we can’t keep doing

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what we’re doing so they play it out

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through Iran and they kind of capitulate

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directly against against Trump which is

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sort of the you know the Chinese way of

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doing things they’re kind of that

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inscrutable way of viewing the world and

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I that’s that’s what we’re seeing play

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out right now today

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[Music]

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you

 

 

 

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