The President's Daily Brief - April 7th, 2025: Why The New Tariffs Are A Gut Punch To China & Russian Spy Gear Targets British Nuclear Subs
Episode Date: April 7, 2025In this episode of The President's Daily Brief: A sharp escalation in the global trade war: China retaliates against President Trump’s sweeping new tariffs with a 34 percent tariff on U.S. goods.... But some experts say Beijing may suffer more than Washington. A chilling new report from the United Kingdom: Russian spy sensors have been discovered tracking Britain’s nuclear submarines—raising serious national security concerns. Political upheaval in South Korea: The nation’s highest court has removed President Yoon Suk Yeol from office, just four months after he imposed martial law. And in today’s Back of the Brief: Houthi rebels in Yemen reportedly shoot down another U.S. Reaper drone—marking the third since March. To listen to the show ad-free, become a premium member of The President’s Daily Brief by visiting PDBPremium.com. Please remember to subscribe if you enjoyed this episode of The President's Daily Brief. YouTube: youtube.com/@presidentsdailybrief TriTails Premium Beef: Visit https://TryBeef.com/PDB for 2 free Flat Iron steaks with your first box over $250 Birch Gold: Text PDB to 989898 and get your free info kit on gold Learn more about your ad choices. Visit megaphone.fm/adchoices
Transcript
Discussion (0)
Paraday presents, in the red corner, the undisputed, undefeated weed whacker guys.
Champion of hurling grass and pollen everywhere.
And in the blue corner, the challenger, extra strength, Padaday!
Eye drops and work all day to prevent the release of histamines that cause itchy allergy eyes.
And the winner, by knockout, is Padaday.
Paraday. Bring it on.
Monday, the 7th of April, welcome to the President's Daily Brief. I'm Mike Baker, your eyes and ears
on the world stage. All right, let's get briefed. We'll start things off today. With a sharp
escalation in the global trade war, China is now hitting back after President Trump's sweeping new
tariffs, with a 34% tariff of their own on all American goods. But here's the twist. Experts say
that the real damage might be on China's side. I'll explain.
why these tariffs could backfire on Beijing's relatively fragile economy.
Later in the show, a new report out of the UK, Russian spy sensors have been discovered
tracking Britain's nuclear submarines, posing, of course, a serious national security threat.
Now, it's hard to believe, I know, that the Russian military would be engaged in these
sort of shenanigans. I mean, I thought that Putin was simply interested in peace.
Plus, political chaos continues in South Korea. The country's
highest court has officially removed President Yun Sokjol from office just four months after he declared
martial law. And in today's back of the brief, Yemen's Houthi rebels continue to show resilience,
reportedly shooting down a third U.S. Reaper drone just since the beginning of March. But first,
today's PDB spotlight. Nations around the world are still reacting to the sweeping tariffs that President
Trump announced last week, and not surprisingly,
one of America's biggest trade partners, that would be China, isn't taking it lightly. Instead,
Beijing has chosen to hit back. This weekend, Chinese officials announced that they're
slapping a 34% tariff on U.S. goods, matching the exact rate that Trump imposed on Chinese imports.
A spokesman for China's foreign ministry accused the U.S. of trying to, quote,
subvert the existing global economic and trade order, saying that Washington is putting American
interests above the, quote, common interests of the international community, end quote, yes, that's the
Communist Party saying that. Because as we know, the Chinese Communist Party always acts in the common
interest of the international community. In fact, it's the CCP's signature move. Before taking any action,
the Chinese regime always asks, is this going to help the international community? Now, look,
I'm no economist, but here's what's clear. These tariffs could be a serious problem for China.
For decades, China's economy has been powered by selling cheap goods, everything from T-shirts to tablets to American consumers.
Now, that steady cash flow has helped keep their economy running.
But with a 34% tariff slapped on Chinese goods, it, well, it throws a wrench in the system.
Products from China suddenly get way more expensive here in the U.S.
And that leaves Chinese manufacturers with two not particularly good choices.
either eat the costs themselves, which, of course, slashes their profits, or raise prices,
which risks American buyers walking away.
Now, my good friend Gordon Chek, one of the most knowledgeable China analysts out there,
well, he thinks it's even worse.
He says this terror fight exposes just how fragile that Chinese economy is.
According to Gordon, they've been gaming the system for decades,
stealing intellectual property, manipulating currency, and keeping prices low
through a variety of tactics. And there's evidence that tariffs work. When the Trump administration,
the first Trump administration, hit China with tariffs, Chinese companies ended up eating 75 to 81 percent of the
costs just to stay competitive in the U.S. market. Now, with these new tariffs in force, China's once
again scrambling. They're going to be forced to devalue their currency and double down on propping up
key industries in order to keep the exports flowing.
But, to be fair, the pain does go both ways.
China's 34% tariff on U.S. goods will hurt American farmers and manufacturers
that depend on access to Chinese buyers.
There's also one other element, which is that Beijing is also pumping stimulus money into their economy to soften the blow.
But that might not be enough.
China is already dealing with a mountain of internal problems, massive debt, a demographic crisis, and a slowing economy.
Some analysts, including Gordon Chang, think these tariffs could be the tipping point.
Now, I can't say whether they're right or wrong on that, but it does look like China's in a tougher
spot than they're letting on.
While China lashes out, other U.S. trade partners, well, they're taking a very different approach.
They're trying to de-escalate the situation.
In Europe, the British government is reportedly ready to make major concessions to avoid long-term economic
damage.
Officials are optimistic that they can strike a deal with Washington.
to reduce or eliminate the 10% tariffs within weeks, and that's according to a report in the
Washington Post. France and the UK are coordinating their strategy, with President Macron
speaking to British Prime Minister Starmor over the weekend. Macron said both countries
would, quote, closely coordinate their approach to upcoming negotiations with the U.S.
And in Italy, the economic minister says his country is working hard to lower the temperature
with Washington. Meanwhile, Japan's prime minister says he plans to,
speak directly with President Trump in the coming days.
All right.
Coming up after the break, a Russian spy threat to Britain's nuclear subs.
And political chaos continues in South Korea as its president is removed from office.
I'll be right back.
Hey, it's Mike Baker here.
Now, you know what it is right now?
I tell you what it is.
It's the start of grilling season, right?
And I'm about to tell you where you can get the finest beef for your grill.
It's a classic American business, generations of family raising high-quality beef in the great state of Texas.
Now, of course, I'm talking about Tritails beef.
This isn't some corporate meat factory.
It's not some mass-produced operation by a faceless corporation.
Tritails is a fifth-generation, Texas ranch, where cattle are pasture-raised, grain-finished, and raised the right way.
They handle the beef on site and ship it straight to your door.
There's no middleman, no mystery.
All their beef is sourced to match the genetics.
and care that they've built their herd on,
ensuring consistent marbling, tenderness,
and rich flavor in every cut.
Small batch, big flavor.
You can taste the difference the moment it hits the grill.
Whether it's a ribby, a filet, or a New York strip,
this is the kind of beef that brings people together.
USDA Prime and Choice, hand-packed, and ready for your table.
And right now, they've got a special offer just for listeners.
Go to trybeef.com slash PDB
and get two free flat iron steaks with your first box over 200.
That's trybeef.com slash PDB.
Support real ranchers and eat like you meet it.
This is Euphoria Calvin Klein, the new elixir collection, featuring three perfume
intense scents, inspired by a unique orchid accord paired with vanilla, each with its own
distinct attitude, each with its own universe, bold elixir, sensual, woody, addictive, magnetic
elixir, sweet and romantic like a lingering touch, solar elixir, a radiant expression of joy,
Ultra-concentrated for amplified impact and lasting power.
Find your euphoria.
Discover the Euphoria Elixir Collection by Calvin Klein.
Welcome back to the BDB.
Echoes of the Cold War are surfacing in British waters,
where Russian spy sensors have been discovered tracking the United Kingdom's nuclear submarines
in what military officials deem a serious national security threat.
In a report from the Sunday Times,
Royal Navy operatives recovered Kremlin-linked sensors
from the seabed surrounding the British Isles.
The devices are believed to be part of an increasingly aggressive Russian campaign
to surveil and potentially sabotage critical UK-under-sea infrastructure.
Among the assets reportedly targeted was the UK's fleet of Vanguard nuclear-class submarines,
each armed with nuclear missiles.
The discovery prompted a swift response from military officials
who kept the findings hidden from the public,
but now warn of heightened Kremlin activity.
One senior military source told the outlet, quote,
There should be no doubt there is a war raging in the Atlantic.
The military is seeing phenomenal amounts of Russian activity, end quote.
The UK Ministry of Defense suspects that these censors are part of Russian President Putin's broader, quote, gray zone warfare tactics.
That term is used to characterize low visibility, plausibly deniable acts of aggression on vulnerable assets that fall just short of open conflict.
British defense analysts say several of the 60 internet cables connecting the UK to the global web,
including a number that are deemed classified, are now under elevated threat.
The pattern echoes suspected Russian sabotage operations elsewhere in Europe.
As our PDB listeners know, in the past 15 months, at least 11 undersea cables in the Baltic Sea
have been damaged under suspicious circumstances, most often linked to Russian sabotage operations.
compounding those concerns are reports that the devices found off British coasts bear similarities
to components linked with Russian unmanned vehicles and other gear that washed up on European shores
in recent months. There's also rising suspicion that Russia's network of oligarch-owned yachts
has served as a mobile staging platform for espionage missions. While no official accusations
have been made, defense officials are investigating links between vessel routes and known
cable sabotage sites. The U.K.'s vanguard-class submarines, meanwhile, remain unaffected. In a statement,
the Ministry of Defense confirmed that its submarines, quote, continue to patrol the world's oceans
undetected as they have done for 56 years. However, concern regarding Moscow's current threat level
is mounting behind the scenes. In response, the Navy has expedited efforts to harden its
undersea infrastructure. A project, codenamed Cabot, aims to coordinate with energy and technology
companies to protect core seabed infrastructure. Some in the Royal Navy argue that deterrence must go further.
Navy sources told the Sunday Times that the government should deploy sea mines, a Cold War-era measure
not used in decades, to defend the U.K.'s subsea territory. But for now, along with Project Cabot,
the Ministry of Defense is prioritizing coordination with NATO and joint expeditionary force allies.
The goal, of course, is to boost the security of critical offshore infrastructure by improving the ability to detect incursions by Russian vessels and aircraft near Europe's shores.
All right. Turning to South Korea, the Constitutional Court formally ousted President Yun Sukjol from office,
capping a months-long political crisis that began with his shocking declaration of martial law back in December.
In an unanimous ruling on Friday, the court's eight justices described Ewan's actions,
including sending armed troops to surround Parliament and ordering them to drag out lawmakers,
as both unconstitutional and a quote, grave betrayal of the people's trust.
As we've been tracking here on the PDB, the court's decision followed a night of chaos on the 3rd of December
that stunned both the nation and the international community.
In a surprised late-night address, Yun declared martial law, claiming the court's decision.
country faced threats from, quote, anti-state forces aligned with North Korea.
Within hours, soldiers encircled the National Assembly as lawmakers scrambled to convene an
emergency midnight session, forcing their way past military lines to annul the decree before dawn.
The court's acting head judge emphasized that there was no national emergency that night
to warrant such a decree. While Yun later insisted the declaration was intended merely as a symbolic
warning, not an actual coup attempt, lawmakers swiftly impeached him.
Yun's removal takes effect immediately, triggering a snap presidential election that must be held
within 60 days, marking a dramatic fall for the former prosecutor turned president who had once
built his career on prosecuting former leaders. Elected nearly three years ago, Yunn now becomes
the second president in South Korean history to be ousted by the constitutional court and the
shortest serving elected leader of the country's democratic era. His downfall comes at a time of
heightened political tensions, with rising military posturing from China and North Korea, placing
new stress on Seoul's leadership. Acting President Han Duxu pledged to maintain national stability
and oversee the coming election in accordance with the Constitution. And legal troubles for Yun
may only be beginning. The now former president also faces ongoing criminal charges of
insurrection, and that's a serious charge that under South Korean law carries a potential sentence
of life imprisonment or even the death penalty, although South Korea has not carried out executions
since the 1990s. In a brief post-ruling statement, Yunn offered a muted apology for failing to meet
expectations and thanked his supporters, calling it an honor to have served. But reactions in the
Capitol were, well, putting it diplomatically, polarized. Outside the courthouse, critics celebrate
with chants and songs and banners. Meanwhile, a small crowd of conservative loyalists gathered
near the presidential residence, many in stunned silence. Attention now turns to the question of who might
succeed, Yun. Among the frontrunners, his opposition leader Li J. Myeong, who narrowly lost the
2022 election to Yun, and has remained a prominent critic throughout his presidency. All right,
coming up next in the back of the brief, Yemen's Khutti rebels have reportedly shot
down another U.S. Reaper drone. That would be the third in just the past two months, showing that
the terror group may have more staying power than anticipated. We'll have those details next.
Hey, Mike Baker here. Well, let's take a peek around the world and see what we got. Oh, look at that.
We've got tariff wars. We've got some recession fears. And, of course, we've got some stubborn
inflation. So it's no wonder that gold has been routinely hitting all-time highs.
And in volatile markets like the one we've got right now, don't just sit on the sidelines with your head in the sand hoping that things will get better.
Take control and safeguard your savings.
It's why so many Americans today are turning to Birch Gold Group.
They've helped tens of thousands convert an existing IRA or 401k into an IRA in physical gold.
And so ask yourself this question.
Is it time for you to hedge against inflation and economic instability with gold?
To learn how to own physical gold in a tax-sheltered account, just text PDB to the number
989-89-8-8-9-8-8-8.
Birch Gold will send you a free, no-obligation information kit.
Now, again, that number is 9-89-89-8.
Just text PDB to 989-8-98.
Couldn't be simpler.
With an A-plus rating with a Better Business Bureau and countless five-star reviews,
it's no wonder so many Americans count on Birch Gold to protect their savings with gold.
And you can, too.
Just text BDB to 989898.8 today.
Rodriguez, the unraveled special guests.
Get tickets Thursday, May 7th at Olivia Rodrigo.com.
This episode is brought to you by Redfin.
You're listening to a podcast, which means you're probably multitasking.
Maybe even scrolling home listings on Redfin, saving homes without expecting to get them.
But Redfin isn't just built for endless browsing.
It's built to help you find.
find and own a home. With agents who close twice as many deals, when you find the one,
you've got a real shot at getting it. Get started at redfin.com. Own the dream.
In today's back of the brief, Yemen's Houthi rebels shot down yet another American MQ9
Reaper drone, marking the third such incident in just two months, underscoring the terror group's
resilience in the face of U.S. air strikes. Now, despite near-daily strikes over the past three weeks,
the Trump administration has offered little in the way of clarity or commentary on its broader
strategy in Yemen. The Pentagon has not held a formal press briefing in weeks. The result, well,
concerns regarding transparency, direction, or clear endgame. For some background, the MQ9
Reaper drone is an advanced unmanned aircraft valued at roughly $30 million, give or take a couple of bucks,
capable of deploying up to eight hellfire missiles, and it's become a preferreferial.
target for the Iran-backed Houthis. The drone is central to U.S. surveillance and strike operations
across the region. Since October of 2023, when the Houthis began attacking Israeli and commercial
vessels in the Red Sea, in the aftermath of Hamas's 7 October terror attacks in Israel,
they claimed to have downed at least 13 rapers. Now, an American defense official told Fox
news that the true tally may be closer to 17. Hmm, that's an embarrassing attrition.
rate for one of the Pentagon's most prized assets. Now, if that number is accurate and at
$30 million apiece, well, I'm not that good at Mathen, but I believe that would tally up to
somewhere in the region of half a billion dollars. Washington, for its part, has turned to
financial warfare in addition to the ongoing airstrikes. Last week, the State Department imposed
sanctions on a series of individuals and entities linked to a shadowy global finance network,
accused of funneling money and weapons to the Houthis.
National Security Advisor Mike Walsz, speaking last month on CBS's face of the nation,
compared the Houthis to, quote, al-Qaeda or ISIS with advanced cruise missiles.
He warned that Iran continues to provide the group with increasingly sophisticated weaponry.
Securing the Red Sea trade corridor, Walsh, says, is a fundamental aspect of U.S. national security.
As Houthi rebels continue to demonstrate resilience in the face of the future,
of regular U.S. air strikes, and with a top official from the Iran-backed proxy declaring just last
month that they are at war with America, well, U.S. assets, like the Reaper drone, have obviously
become prime targets. And that, my friends, is the President's Daily Brief for Monday,
the 7th of April. Now, if you have any questions or comments, please reach out to me at pdb at
thefirsttv.com. And I hope you had a chance to listen to this past weekend's episode of our
PDB Situation Report. If not, you can find it and, of course, past episodes on our highly
acclaimed but not yet award-winning YouTube channel, which you can find at President's Daily Brief,
and as always, you can find the PDB on all the podcast platforms wherever you get your podcast stuff.
I'm Mike Baker, and I'll be back later today with the PDB afternoon bulletin. Until then,
stay informed, stay safe, stay cool.
Ryan Reynolds here for MintMobil
The message for everyone paying big wireless
Way too much
Please for the love of everything good in this world
Stop
With Mint you can get premium wireless
For just $15 a month
Of course if you enjoy overpaying
No judgments but that's weird
Okay, one judgment
Anyway, give it a try at mintmobile.com slash switch
Upfront payment of $45 for three month
Equivalent to $15 per month required
Intro rate first three months only
Then full price plan options available
Taxes and fees extra
See full terms at mintmobile.com
