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For worry-free hosting, Wayfair delivers. Back to China. Steve Moshe joins us now. Hey, Steve. Hi.
Steve, because of the boycott and the problems with the President and the pool, I didn't see much yesterday, and I don't think anyone else did. But What do you think the President Could p If what is a win for the President in this meeting?
Well, the one for the president meeting is strategic stability because everything is moving in our favor now. And people may not understand why President Trump had the military honor guard and all the pomp and circumstance and showing him the National Archives and doing things that he's never done with any other visiting leader, foreign leader. Why has he done it with Xi Jane Peng?
Well, the rule is keep your friends close and your enemies closer. And America has no greater enemy than Xi Jinping. But right now, Trump, because of his policies, the tariffs, the move on Venezuela, Panama, the move on Greenland. Ah. Trump has Xi Jinping and a bear hug.
You can't get any closer than that. And he's hugging him close. And Xi Jinping knows that 10 years ago, he was in a position of strength. When he was standing in the Rose Garden with Obama 10 years ago, he was smiling. and nodding with everything that Obama said.
And of course, went on to rob us blind over the preceding succeeding years.
Now, of course, we are in a dominant position. He's in a more submissive position.
So that's what's going on. President Trump is not always diplomatic, as we know. But he could be diplomatic when he wants to be, and he certainly has been over the last couple of days. And it's good for America. We don't want a kinetic conflict with Taiwan.
Over Taiwan or any other issue with China. And because of Trump's diplomacy, I think we've put the day of open conflict further off, while we gradually erode China's ability to hurt us and our allies by reindustrializing America. That's what this is all about. This is the long game. You know, that's really my theme of you were kind enough to come on last Sunday on my Sunday show.
But that is my theme about what Trump's trying to do overall. I don't want to digress too much, but. If he just cared about these midterm elections, you don't do Iran. If he just cared about the midterm elections, you don't challenge Canada. If he just cared about the midterm election, you don't do Liberation Day.
He's trying to restructure America's trade relations. He's trying to finally get an enduring peace or a chance at peace in the Middle East. And with China, he's not looking for a short-term deal on soybeans. He's looking for a reconfiguration. He's cutting down the trade deficits.
Not down far enough. But you don't do that with one swipe. And he doesn't believe you do that by saying, China, you're our enemy. I don't want to meet with you. I want to compete with you.
He likes hospitality, and he also does not back away from strength. He likes strong guys. You know, bring him on. I like a good challenge. And he's a challenge.
And he brings something to the table besides pandas. What they've shown us, which they're loaning us, they don't even give us pandas, they loan us pandas, which is odd. I also found out that if the pandas have a baby panda, the panda is still a Chinese panda, although it will have citizenship if born here, which probably vote in future elections.
So, but here, but here's my question to you, Steve. They had a year to prove. They've had about eight months to prove themselves. You would think that China would deliver all the soybeans it's supposed to, they didn't. They would deliver the ag product.
They didn't. They would continue to do rare earth on this temporary deal at the pace in which we're paying. They didn't. So when Scott Besson sits down with his counterpart, what is it, six months later? He could honestly can't even say that they're living up to their short-term deal.
Having said that, then how do you handle? making a longer term deal. Yeah, absolutely. And, you know, I was really expecting a six-month extension on the Busan agreement. And then I looked.
at the actual behavior of China over the last half year. And yes, the rare earth shipments are down by twenty percent. They promised to buy two hundred Boeings. They're only going to buy one hundred fifty percent. That's twenty five percent drop.
They promised to stop fentanyl precursors. We've still got tens of thousands of Americas dying. If pent nail deaths have gone down, it's probably been because of enforcement, not because of. stopping shipping from China by the Chinese government.
So the ag products, they're down by twenty percent, thirty percent too.
So China has not kept the Busan agreement. That's why I think Secretary Bassant said we're not going to give them six months, we're going to give them two months. And that two month extension reflects the skepticism of the Trump administration that China will ever abide by any deal that it agrees to. And Trump goes way back on this issue, not just his nineteen ninety nine book, but back in twenty seventeen, he had the first trade agreement with China. They violated it during his first term.
So he's been on China's case for a long time. He knows these. The Chinese Communist Party lies, it cheats, it steals from its own people primarily. and from any other person in the world who's naive enough to take its word. At face value.
And Trump clearly is not. And Secretary Bassant is clearly not.
So we're putting a lot of pressure on them. But the goal is not a short term deal. The goal is long term stability while we gradually reindustrialize and why China while China fails. China is failing right now. Its property market has collapsed.
Its population is aging and dying. It's having trouble selling its goods overseas, so it's dumping them at sometimes below production cost. It has a lot, a lot of problems.
So China's on the downturn. We're on the upswing. If we just keep this going, it won't be China that dominates the world in 2049 as they planned to. They had a 100-year plan, right? From 1949 to 2049, 100 years.
They were going to dominate the world in the century. In 2049, it's not going to be China dominating the world. It's going to be the second American century. And that'll be good for us, Brian, and very good for the rest of the world. They did put out a heck of a car, it seems, mass producing it, and they're going to destroy everybody's car industry if we let it out.
I mean, basically, it's government subsidized and it's put together almost entirely by robots. I think they roll out a car every 70 seconds or 70 minutes. And we can't let it in here. I don't know why the President's even considering allowing them to build it here. But how do you feel about that?
And they're advancing in robotics. They seem to be ahead of us in robotics. Yes, you the the cars you're referring to are rolling data collection centers. They roll down the road and their cameras are constantly recording. They're sending data constantly back to China.
And you should know that of all governments, the Finnish government actually put one of those electric buses made in China in a cave.
So that it was cut off from communication with the outside world. And it monitored what the bus did. And what the bus did, even when it was turned off, was it was constantly trying to communicate with its mother country, China, and download data into China's computers.
So the Chinese Communist Party lies. It says that these cars don't communicate with data centers outside of the United States, Canada, Europe, wherever they are. They do. And they communicate even when you turn the ignition key off. They're still secretly downloading data to China.
So if you want to let spy vehicles enter the United States, I think that's a very bad idea. I actually don't think that's going to happen. Because the rules governing data and privacy in the United States would stop those cars from ever being assembled and sold here. But I'm very upset. I'm not happy with our friends in Canada who are apparently going to allow 80,000.
80,000 of these rolling uh spy vehicles into their country. To wreak havoc. It's just crazy. That is so self-destructive. It's going to destroy any car industry that they have.
On its surface, because they feel as though China's going to be a better partner than us. How many years have we spent listening to politicians in Washington argue about how to make healthcare insurance more affordable? Obamacare was supposed to fix it. Then we needed bigger government subsidies to make Obamacare affordable. Those subsidies expired, and guess what?
People are paying more again at some point. Maybe the question isn't: how do we keep fixing the same system? Maybe the question is, what else is out there? That's why I want you to take a look at WeShare Health. WeShare isn't health insurance, it's a nonprofit, Christian healthcare sharing organization, and their members pay up to 60% less than they would for Obamacare.
You still get access to a nationwide PPO network and over a million physicians plus unlimited telehealth.
So stop waiting for Washington or the insurance companies to make healthcare affordable for you. Do your own research. See what your options are. Call 188-WESHARE for a free quote. That's 1-888-WESHARE.
Or visit weSharehealth.org and take a look for yourself. Kelly Clarkson here with Wayfair. I know holiday magic starts at home, and Wayfair makes it easy. They have everything from Christmas trees and mantle decor to outdoor lighting and inflatables that I'll use year after year. Head to Wayfair.com today.
Every style, every home. Let's talk about the war for a second. Multiple publications show that Iran is being helped by China, and especially that attack on our Jordan base, where we lost a few of our soldiers. We've lost 18 so far. And they also are delivering more weapons material over the summer to Iran.
The president of Iran was asked about that last night, Cut 17. Did Chinese satellite images help? kill American soldiers at the hands of Iran. We do not seek to kill Americans. As shown by actions, demonstrable actions, America has sought to kill Iranians.
Why do they were killed there? Did you kill them? Not at all. Not at all. Number one, I'm specifically unaware of these reported, purported images that you talk about.
You believe him? Do I believe that the Iranian President is telling the truth when he talks to the Western media? No, absolutely not. I think he feels he's justified in lying. In fact, that's isn't that a a principle in in parts of uh the Middle East.
Take here, you can lie to people who are not of your faith. And consider it to be an act of virtue. I would say about China now, we do have. Treasury Secretary Scott Bassan's economic detail. That's what it's called economic D-Day, as you know, sanctions on Iran.
And these are beginning to disrupt China's financial ties with the Islamic regime. And uh you know and and China is having trouble getting oil from uh Through the Straits of Hormuz. It doesn't like the threat of tolls that the Iranian regime has been threatening. And the rising cost of oil. China already pays Brian $25 a barrel more than the rest of the world.
Last time I checked, they were paying through their pirate fleet about $130 a barrel. I think we're a little over $100 right now.
So this is going to cost them over the course of the year $80 to $100 billion, just in extra oil cost.
So we can hurt China. I don't expect China to ever stop subsidizing and helping Iran. or Russia Or engaging in any acts, subversive acts, that can weaken and undermine the United States of America. I mean, they're doing it in our own country, for goodness sake. We saw the demonstrators out in front of the White House shouting, down with Communist China.
But we also saw the other demonstrators who had been bussed in. From faraway places. And given $80 or $100 to come and wave Chinese flags and shout, you know. May Xi Jinping live 10,000 years, which he actually does want to live forever, but that's another story.
So, this is a renab. This is a run a crowd. These sorts of activities are engaged in all the time by China. Uh Not only peaceful demonstrations like the one we just saw, but also transnational repression, where they're targeting critics of China in our own country.
So if they're setting up secret police stations in the United States, if they're engaging in massive Cyber attacks and massive spying because we've arrested what 60 spies in the last couple of months from China, and that's only the tip. of the iceberg. If they're engaging in these things in our own shores, wouldn't they help Russia to weaken us there? Wouldn't they help Iran to weaken us in the Middle East? Absolutely.
They're doing everything they can. Under their principle of unrestricted warfare, short of firing bullets directly at American troops.
So the Houthi rebels, the degree in which they're in bed with the Houthis, really did surprise me. Because they're rebels in Yemen, but they're providing them with technology and information as well as arms. And they're creating havoc in the Middle East that definitely affects the price of oil and definitely affects Saudi Arabia. You would think, Steve Mosher, if they valued the Saudi relationship, they would be forced to make a decision. Saudi Arabia should go, look, what are you doing?
Make a decision. They should be the same thing with us. You can't have it both ways.
Well, I think that the Saudis are making their choice right now because they withdrawn from the The cryptocurrency banking agreement with China that they had previously been tempted to join.
So, the other setback that China's had, of course, recently is that Xi Jinping went to India. My goodness. You know, when he goes someplace, he expects to be the show. That's why we're flattering him in Washington, D.C. right now.
But he went to India and he wasn't the show. Modi, the Indian leader, was the show. She was sidelined, and I think he kind of got his feathers ruffled a little bit. He skipped the final banquet and went home a day early. And there were There was a rumor that he was ill, that he was tired.
Well, I think he was just tired of being ignored. Steve, you'll have to end it there. But, man, there's nobody who knows more than you about what's going on, the very latest information as well as the history of that country. Steve Mosher, thanks so much. Thank you, Brian.
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