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
Mon, 07 Apr 2025
In 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
Chapter 1: What new tariffs did China impose on U.S. goods?
Experten sagen, dass der echte Schaden auf der Seite von China sein könnte. Ich erkläre, warum diese Tarife auf die relativ fragile Wirtschaft von Beijing zurückfallen könnten. Das war's für heute. Bis zum nächsten Mal. Plus, political chaos continues in South Korea.
The country's highest court has officially removed President Yun Suk-yeol 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 US Reaper drone just since the beginning of March. But first, today's PDB Spotlight.
Nationen weltweit reagieren immer noch auf die steigenden Tarife, die Präsident Trump letzte Woche erklärte. Und nicht überraschend ist, dass einer der größten Vertreter der USA, China, das wäre China, es nicht leichter nimmt. Stattdessen hat Beijing entschieden, sich zurückzuhalten.
Dieses Wochenende haben chinesische Offiziere erklärt, dass sie einen 34%-Tarif auf US-Güter schlagen, der den exacten Rate, den Trump auf chinesische Importe vorgelegt hat. Endquote. 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.
Chapter 2: How will the tariffs affect China's economy?
Before taking any action, the Chinese regime always asks, is this going to help the international community? Nun, schau, ich bin kein Wirtschaftler, aber hier ist was klar. Diese Tarife könnten ein ernsthaftes Problem für China sein. Seit Jahrzehnten hat Chinas Wirtschaft von günstigen Produkten gefördert, alles von T-Shirts zu Tabletten, zu amerikanischen Konsumern.
Nun, dieser steile Geldfluss hat ihre Wirtschaft gehalten. But with a 34% tariff slapped on Chinese goods, it throws a wrench in the system. Products from China suddenly get way more expensive here in the US. 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 Cheng, 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 the Chinese economy is.
Chapter 3: What political changes occurred in South Korea?
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 is 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 US goods will hurt American farmers and manufacturers that depend on access to Chinese buyers.
There is 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 is in a tougher spot than they're letting on. While China lashes out, other US 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 Starmer over the weekend.
Macron said both countries would closely coordinate their approach to upcoming negotiations with the US. 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'll 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.
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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.
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Chapter 4: What threats are posed by Russian spy sensors?
Chapter 5: How are U.S. allies responding to the new tariffs?
Chapter 6: What is the significance of the Houthi rebels shooting down a U.S. Reaper drone?
There is 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 is in a tougher spot than they're letting on. While China lashes out, other US 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 Starmer over the weekend.
Macron said both countries would closely coordinate their approach to upcoming negotiations with the US. 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'll 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 TriTales Beef. This isn't some corporate meat factory. It's not some mass-produced operation by a faceless corporation. Tri-Tales 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.
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Welcome back to the PDB. Echos 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.
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