How Power Really Works — From Tariffs to TikTok | Tom Bilyeu Show
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- US-China Relations
- China denies negotiations with the US on tariffs, asserting fentanyl is America’s responsibility.
- PR battle between US and China over trade narratives.
- Long-term conflict expected, possibly over a year for resolution.
- Bessant’s open discussions regarding the IMF and World Bank indicate rebalancing trade relations is crucial.
- Domestic Political Landscape
- Trump grapples with public support and judicial roadblocks affecting his administration’s goals.
- Mention of the upcoming midterm elections as critical for Trump’s agenda.
- Global Economic Issues
- The IMF and World Bank need reforms to focus on their core missions and avoid mission creep into non-macroeconomic areas.
- China’s economic model is pushing for a rebalancing as they continue to rely heavily on manufacturing exports.
- India-Pakistan Tensions
- India’s Prime Minister vows to pursue Pakistani terrorists after a recent attack, prompting fears of escalating conflict.
- UK considering dimming the sun as a geoengineering strategy to combat climate change.
- Judiciary and Executive Power
- Discussion on the balance of power between the executive branch and the judiciary regarding executive orders.
- The need for clarity from the Supreme Court on the use and limitations of executive orders.
- Highlighting recent judicial rulings blocking Trump’s initiatives as a point of contention in the governance process.