Asmongold TV - So what happens with Tariffs? | Asmongold TV

Episode Date: December 15, 2025

So what happens with Tariffs? Asmongold show for all of his stream highlights, competitions, reactions & more. So what happens with Tariffs? Asmongold show for all of his stream highlights, competitions, reactions & more. So what happens with Tariffs? Asmongold show for all of his stream highlights, competitions, reactions & more. So what happens with Tariffs? Asmongold show for all of his stream highlights, competitions, reactions & more. --------------------- ------- Keywords: gaming content creator, gaming commentary, gaming reactions, streamer content, gaming podcast, reaction videos Learn more about your ad choices. Visit megaphone.fm/adchoices

closer to China when in fact we've seen the opposite effect. The entire... Okay, so this is the 90-day pause on some tariffs. This literally just happened. The world is calling the United States of America not China because they need our markets, they need our consumers, and they need this president in the Oval Office to talk to them. And that's exactly why more than 75 countries have called,

because the United States of America is the best place in the world to do business. And as the president has shown great courage, as the secretary has said, and choosing to retaliate against China even higher. Elena, go ahead. Hi, thank you, Treasury Secretary of Besson. Can you explain more of the decision making on what feels like a reversal here? I mean, just these went into effect less than 15 hours ago, these tariffs. Why the pause now?

What led to that? No. Again, President Trump created maximum negotiating leverage for himself and which terrorists went into effect. Well, it's pretty obvious that, like, if the people that are coming to the table to negotiate, it would make sense if you're going to negotiate he would give them a pause so there's like an incentive for them to negotiate

right so like it's positive for them and it creates a reward structure around doing it it's like if you kiss the ring you're not going to have all of your crops burned like I mean this is what literally like barons did a thousand years ago I mean is this really a fucking surprise it's a ceasefire in trading it is

he caved he didn't cave they did And the thing is that how is it caving when these people have come to negotiate the deals? Like, I don't understand why, how are they saying that he's caving? I'm confused. Yeah, I don't understand what they mean by that. A tariff ceasefire? Yeah, that's basically what's happening, exactly. Yeah, I don't understand how his tactics are so hard to understand.

Yeah, I feel like it's very simple. Yeah, it's the same as like, you know, Russia and Ukraine, while they're trying to negotiate a peace deal, they have a ceasefire. Like, this is very common. Of course this is what happens. Let me, just trying to play Trump as well. I went caving yesterday, prediction mobs. Yeah, anyway, what is this here? I'll read a few of these.

Like, bro, you can make up more, bro, can you make up more excuses? Well, what do you? Well, I'm just really confused by what you mean by this. So like if they're going to negotiate the tariffs, then that's not, that's not really caving, right? I just, I don't know. I don't, it doesn't seem like that to me. How does that make any sense? It's one way to reward trade negotiations.

Yes, exactly. I don't even get this. What do you mean by this? Everyone wanted to discuss before this retard and post self-destructive taxes. Well, let me see here. It's not caving. He rewarded our allies and punished China. That's what it seemed like to me too.

So there's no response, right? Yeah, I don't understand. People did strategies like this. They did stuff like this a thousand years ago. This isn't new at all. What do you mean? Are people really so blind that they can't see such an obvious play? It's common, yes, of course.

ones that we have lowered went into effect a week ago. They were announced a week ago, and we have just been overwhelmed, overwhelmed by the response from mostly our allies who want to come and negotiate in good faith. So we are expecting them to come with their best deal. As I said, a week ago today, don't retaliate, hold your ground, let's see what happens, and China kept escalating and escalating. and now they have 125% tariffs that will be effective immediately. So China's tariffs are now up to 125%.

I feel like this is probably like, I mean, if I'm going to be honest, I think this is what he planned on doing the whole time. And or at least this was one possible, you know, like this was a, I would say that before they did this, this was a theoretical win condition. because basically now if you're only, because like if you have tariffs on the whole and the whole world, right? It makes it harder for, like it puts more pressure on your economy. But if you can use the tariffs as a negotiating tactic and then get everybody else to

negotiate, pause those and then focus all of your efforts on suppressing one country as hard as you can, which is what he's doing to China, I feel like that's clearly what he's trying to do, right? That's 100% what he's trying to do. And I think that was the plan all along because in a lot of cases like Vietnam and Japan and, you know, the United Kingdoms, like these are not our trading enemies, really. It's China that he's viewing as a trading enemy. I think he's manipulating markets with his friends. Well, he's doing a really good job at it. I'll tell you that. The Secretary thinks much for doing this. The 90-day pause on the rest of the tariffs. Is that because of the windlass? China can choke U.S. economy more than a new problem.

U.S. economy can choke them? Well, I guess we're going to find out. Yeah. Yeah. How much was, you know, what we saw in the stock markets, you know, part of this decision? No, it's because it's going to, because of the large number of inbound, we've had more than 75 countries contact us. And I imagine after today, there will be more. So it is just a processing problem. Each one of these solutions is going to be bespoke. It is going to take some time. And President Trump wants to be personally involved.

So that's why we're getting the 90-day pause. It just takes time, yeah. Sure. Secretary, there was a tweet that you and the federal office in the president talking about this. We can talk about what that conversation was like and what you guys said to point in another number. Yeah, I'm not surprised by this at all.

It's all the president's decision. And the president had a level in mind to raise the China tariffs. This guy, Bessett, broke the British pound back in the day. He knows how to kill another country's currency. We're China's biggest importer by far. We are the buyer and their economy is based off selling as much as possible. This guy explains it on Tucker's podcast three weeks ago. Yeah, I mean, I feel like honestly, the whole time, they were like, in my opinion,

I think Trump pretty much had two goals, right? To destabilize European trading and make them less concerted in their efforts to be able to collectively negotiate against the United States, and also to weaken China, just in a general sense. And then he had the three-month, essentially, the three-month pause in mind, and we were discussing the exact wording. Sorry? Of course.

The president's decision. The president's decision. It was a president's decision to wait until today. And again, you're good, man. As I've said in the past, no one creates leverage for himself like President Trump. Mr. Secretary, what does the President want to see by this, I think it's July 9th deadline to keep things possible? Is it just trade barriers coming down or is it worth that? Well, these are trade negotiations, but if countries want to come and offer other things, you know, I talked about yesterday that we are thinking about a big LNG

project in Alaska that South Korea, Japan, Taiwan are interested in financing and taking a substantial portion of the offtake. But again, in essence, that is trade because it will decrease the trade deficit that we have with those countries. So everything's on the table. Mr. Prattel. I feel like, am I crazy that like after, and this is making, maybe this is not really a good thing, but the way that Trump does negotiations, it really seems, is like the way that they do in movies, where it's like if you do this or we're going to kill your family, or you do this or we're going to bomb this country or bomb something, right? It's basically like he has, like what he does is he pretty much goes and he is as extreme and

brutal as possible. And it scares people. No, it is. It's a mafia tactic. And I bet he did this in real estate. I bet he's done this with other people. And yeah, it's a power dynamic. It is. And the thing is that it's intimidating people. It is. And the thing is that it works. It does work. That's why the people that did it back in the days, everybody still knows their name. It's because they were so brutal and so good at doing this that they killed anybody else who, went against them. That's it. It can backfire. Yeah, I know. He did it with Vince McMahon and WWE. Just look at the TikTok deal, mafia tactics as well. Yeah, I think the TikTok deal is a great example of that where he basically says, we're going to ban this unless you allow it here.

And its value is only derived on it being allowed here. So we're pretty much holding your company hostage until you give us your company. That's basically what he's saying, or sell it off so we can control it. That's it. And like you can say that that is it will backfire. Okay. All right. We'll see what happens. It's dumb not to leverage America's global power and negotiations. Yeah. Six bankruptcies. You understand that actually helps my argument, right? A lot of people declare bankruptcy as a financial get out of jail free card to an extent with businesses. They do it to leverage debts in different ways. They do it to remove certain levels of accountability. There's a difference between Chapter 7 and Chapter 11 bankruptcy on like a personal level too.

This happens all the time. This is, again, like, I think Trump is a scammer. Like, he knows every fucking scam that you can do. Like, that's it. And I guarantee you, like, in the same way that Trump, this is what people accuse Trump of whenever he was a real estate agent. He said, basically, I'm not going to pay you for the work that you did, but too bad. And if you want to try to sue me for it, I'm going to be. beat you in court and cost you hundreds of millions of dollars or hundreds of thousands of dollars

and like maybe you'll win maybe you won't right and so that's what that's what he did and and by the way that's a bad way of doing things right that's very very bad but at the he's a con man he is he is but the thing is that of course people are going to be in favor of that if you have that person that's advocating on your behalf great presidential candidate instead well i'm telling you like it and and for him it worked he's a fucking billion Air. A clarification on the TOR, what happened to those countries who just had a 10% base-line tariffs, like Brazil and others?

Are they still going to have these 90% because they were saying that there would be a terrible to 10% for others. So what happened to those who just had a 10%? That's going to remain. Is your secretary? Is it a general? Pardon? Pardon?

You call this an embargo to China, a trade embargo? Well, I'm not sure. sure what you mean by the word embargo. 100, 125% tariffs, like, on those and then impose 84%. No. Well, it's not, look, it's China's decision that we have the deficit with them. They sell us almost five times what we sell them. So, again, I think it's an own goal by China.

Mr. Secretary, Mr. Secretary, Mr. Secretary, with this, does a signal that you're confident that you're going to strike a satisfactory deal with all these 75 nations and it signals that's a lot cares about trade and that we want to negotiate in good faith and as i said the each one of these is going to be a separate bespoke negotiation so we are confident that they having seen the other side of where this could go and it was like i said last week The market didn't understand. Those were maximum levels.

The countries can think about those levels as they come to us to bring down their tariffs, their non-tariff trade barriers. We're going to discuss currency manipulation, subsidy of labor. People have criticized China from impugning the currency forever. Like, I remember hearing about this 15, 20 years ago. Industry. The economy is a secretary as part of you. Will the applause also apply to the sexual tariff? that the president has announced pharma lover anything else no it's on the reciprocal to be coming

here soon right mr semit yeah Andrea go ahead mr. Kim about the market is reacting crazy right I didn't see that he doesn't even look at it uh oh what what the markets have tanked right you know there's been a lot of volatility in the market yeah it's going down massively So will this move in your mind to anticipate, because this is going to call the market stand? Well, I think what we see I'll pull it up after this.

The willingness by more than 75 countries to come and negotiate, I think now the market understands that everything they saw last Wednesday was a ceiling and now we have a 10% the temporary floor. And I think the market, my 35 years in the market, I always wanted certainty, wanted certainty, so I think we've got more certainty. But Mr. Secretary, why do people assume this is the last war?

The President began this morning saying, be cool, five hours later, he announced a new policy. Why will investors in the market assume that this is it? That's a good question. Because, again, as I said, we've given 90 days, and the only certainty we can provide is that the U.S. is going to negotiate in good faith, and we assume that our allies will too. Thoughts on the midterms? I think it really depends a lot on this. This is a pretty big factor.

And so, like, if Trump can do this and come out ahead, I think that it will make all the Republicans look good that stood behind him and were supportive of it. I feel like this is a very, very big component. In terms of certainty, we will see what China does, but what I am certain of, what I'm certain of is that what China is doing will affect their economy much more than it will out.

because they have an export-driven, flood the world with cheap export models, and the rest of the world now understands, because when we put up our tariff wall, those exports were already flowing to the rest of the G7 and to the global south. And you think, Mr. Secretary, how much of this decision was driven by the bond market cratering overnight? What is happening to China selling their bonds? I am nothing that says that, and we actually had quite a good tenure auction today. And all this was, again, this was driven by the president's strategy.

He and I had a long talk on Sunday. And this was his strategy all along. And you might even say that he goaded China into a bad position. They responded, they have shown themselves to the world to be the bad actors. And we are willing to cooperate with our allies and with our trading partners who did not retaliate. It wasn't a hard message. Don't retaliate. Things will turn out well.

I think that's probably true. Because now that the other countries aren't being tariffed for a while, that gives Trump the stronger ability to focus more on China. Because it will have less of an impact on the economy if we're only tariffing one country versus all of them. I mean, that's basically it. I mean, of course. And it also rewards other people than end up coming to the table. Mr. Secretary, these negotiations with these 75 countries, how long will that take? Will it be a matter of weeks?

Will it be a matter of months? Do you expect financial markets to be stable during that time period? Well, we started with a 90-day pause, and we will see if more countries turn up. what will happen, but we have a meeting with Vietnam today. I think that they will. And if he's able to negotiate better trade deals for the U.S. through these other countries and then the remaining countries don't negotiate a trade deal, Trump has more leverage to exercise stronger and harsher punishments on those countries.

It's basically like you have like a set amount of punishment that you can allocate. And if you can allocate that punishment to just a handful of, of people, you can totally crush them. So by getting certain amounts of people to come to the table, you effectively take the pressure off of yourself. It's a teaser for punishment for them? Yeah, it is. Do you hear yourself? Is this inaccurate? I feel like this is very accurate. I mean, that's what makes sense to me. I mean, I don't know. Hey, guys, maybe I'm totally wrong. But like, this is just what makes sense to me. Who's coming to the table? The 75 countries that Trump, says are spamming him to fucking negotiate and talk.

And of course they're going to negotiate deals that are more advantageous to us. I mean, obviously. And we have one of the largest trade deficits with them. So I'm hoping it will move in a good direction. I was at the Japanese ambassador's house last night for the Cherry Blossom Festival, which is quite festive. And he and I had a good chat. They are going to send a deal team over.

So we'll see. These are complicated negotiations. just thinking on the trees, you know? Imbalances that have taken decades to create. And, but I think having seen the maximum level that Donald Trump is willing to go to, President Trump has created this negotiation. I don't think that people know the level that he's willing to go to. This is one thing that I think a lot of people, especially like internet people might not understand,

is that, and this is another issue with China, is China is, I think kind of the same as Trump. is that they have no problem, Trump has no problem doing something that's absolutely fucking insane and brutal if he thinks it's going to be beneficial. That's it. Yeah. It's, and I think China will do the same thing. Excuse me. Excuse me. The secretary, excuse me, the secretary is obviously a very busy man. As he has said, he's had more than 75 countries that the trade team has to respond to. I just like to end with this. For decades. Republicans and Democrats have said that these unfair trade practices are ripping off the American people, are ripping off our country, but nobody has ever done anything to address it. We finally have a president here at the... Somebody goes, who are you to punish anyone? The people with the bigger stick.

What do you mean? Duh. That's the law of the fucking jungle. What do you think? White House, who is playing the long game, who is doing what is right for the American worker in our industries here at home, and he has put together a fantastic team in Secretary Besson, Secretary Lusnick, the entire trade team who will be focusing on negotiating these good deals to put the American workers first, and we're going to get to work to do that. Thank you. What about the EU? What about the EU? They were telling him this morning.

She yelling, bro. She yelling, yep. And so this is another comment. I'll read this comment from this person. Do you really think China can't do damage to the U.S.? It's not about China doing damage to the U.S. It's about the U.S. being able to do damage to China and how much of that they can withstand and how much of their damage we can withstand. So anything like this, like if you get in a fight with somebody, you're probably going to get hit a few times. Like that's the way it happens.

I mean, this isn't like fucking, you know, devil may cry where you just fucking flawless everything, you know, and you never take any hits. Like, that's not what happens. It's not a Bruce Lee fight. Of course, that's what's going to happen. Remember? Wolf Amendment? No, I'm not sure even what you're talking about. And then they'll fight back and kill the other guy. I think that Trump would not hesitate to do anything that would be beneficial for the U.S.

I think that's really it. Trump is pacing. Yeah, the only HP of the matters is the last one. Yeah, exactly. And China's been going on the edge of a crash much more than the U.S. is. Yeah. And we're essentially trading damage, but our health bar is bigger. Yeah, I think that's effectively what's going on too. And so, I mean, we'll see how it plays out. And they're pushing China to do business. with other countries? Yeah. That's correct.

Yes. And so they have to reorient their entire market. How are those other countries going to deal with that? What's going to happen? Yeah. Obviously. Are those other countries going to buy what we're buying at the same rate that we're buying it? Probably not.

Like, we're just realistically probably not. Because if they were, they would have already been doing it to both of us. Because that would maximize the amount of money. So they're going to lose a ton of money on this no matter what. This is the usual loss for China? Yeah. Other countries aren't going to take up their ship. Pull me up.

This is my job. All right. Sure. I'll pull you up. What do you got to say? Yeah, sure. What kind of country names himself have a pro wrestler? It's really dangerous for the U.S.

This is a gamble. Yeah, of course it is. Yeah, I mean, of course. Pull me up. I'm an internet expert. I don't know anything. Yeah, sure, right? Well, I'll at least hear with this random,

this random unverified expert on Twitch chat with no profile picture. you know, we'll go ahead. We'll see what he has to say about international trade. Dope. We're decoupling from China right now, essentially dropping all the tariffs today down to 10%. We have isolated China. Yes, obviously that's what's happened.

Yeah, and I think this was a win condition for Trump all along. I mean, of course. Like, I mean, that's what I think would make sense. I mean, fuck, if I was him, that's what I would try to do. I mean, yeah, let's be honest, of course. I agree with him. Yeah, technically other countries could sell more expensive stuff to the U.S. China could spell more stuff to them, plus reselling with a bit of rebranding going on.

Yeah, I mean, but of course they're not going to make as much money. The end result is they don't make as much money. And that's really the point. Yeah, obviously, that's what's happening. And there's been a lot of people, like, I'll go ahead and I'll read and see if there's any more about this. But this is what Donald has said, and this is the big one. He came out with this on Truth Social. Can you just go back to Twitter, please?

based on the lack of respect that China has shown the world's markets, I am hereby raising the tariff charged to China by the United States to 125%. If you think that's the ceiling, it's not. Effective immediately, at some point, hopefully in the near future, China will realize the days of ripping off the USA and other countries is no longer sustainable or acceptable. conversely and based on the fact that more than 75 countries have called representatives of the United States, including the Departments of Commerce, Treasury, and USTR to negotiate a solution to the subjects being discussed relative to trade, trade barriers, tariffs, currency manipulation, non-monetary tariffs,

and these countries have not, and at my strong suggestion, retaliated in any way, shape or form against the United States. I haven't authorized a 90-day pause. See, this is exactly, bro, this is again, fucking feudal lords did this. they said we're going to give you all of your crops if you don't give us half of your crops we're going to come and burn all of your crops this is how it is and so and and we're going to kill like i don't know three of your kids just randomly and so basically what he's doing i think what he's doing is he's rewarding people that are willing to come to the table kiss the ring and negotiate a deal that's better for the united states and when people see that you're going to have the other remaining countries that aren't doing that that now trump has

more leverage with them because he's not having to tariff the whole world, he can focus only on them, and then he can hurt them even more. And I think China's number one on that list. Because think about it, if Donald Trump has to tariff, the U.S. has to tariff all of the EU, all of South America, all of China, and like, I don't know, maybe, I don't know, fucking like India, maybe, or like some other big importer, all of those together, it would be a lot harder to do that because you're fighting a battle on too many fronts. But if you can isolate the enemies that you have and the people that you're fighting, you can escalate the tension there a lot higher. And I think that's clearly what he's doing. And Zia's been in the game so long. I don't know, man. Well, so is Trump.

I mean, they're both, I mean, these, I don't think either one of them are stupid. They're not stupid. I don't think anybody knows what's going to happen even. I've authorized that I need they paused and substantially lowered reciprocal tariffs during this period to 10% also effective immediately. Thank you for your attention. And so yeah, it's very clear.