Income Of Any Luck
  • Politics
  • Tech News
  • Stock
  • Business
  • Editor’s Pick
Politics

War Room’s Steve Bannon Discusses Tariffs and China’s Unfair Trade Practices with Author Spencer Morrison (VIDEO)

by June 1, 2025
June 1, 2025

Steve Bannon talks with author Spencer Morrison on Tariffs 5/31/25

War Room’s Steve Bannon discussed tariffs and China’s dishonest trade policies with author Spencer Morrison.

“Where we are right now, and where do you think this thing is going?” Bannon asked regarding tariffs.

“So right now the tariffs that negotiation they’re paused, they’re paused for 90 days. The effective tariff rate right now is about 51 percent,” Morrison said.

“The reality is here from my perspective. China joined the World Trade Organization in 2001 and in doing so they made a ton of commitments that they would play fair,” Morrison said.

“The point of trade for China has nothing to do fair business. They don’t care about American industry. They don’t care about the American people. They only care about enriching the Communist Party,” Morrison warned.

“China’s entire economic system is geared towards ripping off America,” Morrison said.

“There’s two prongs to it. The first prong is the unfair trade practices which are netting them approximately 400 billion dollars a year or more in the trade deficit, and in the second part of that is the intellectual property theft,” Morrison warned.

“President Trump is the first President to fight back against this in over 50 years,” Morrison continued.

“We have 36 trillion dollars in debt. We have 25 trillion dollars in a trade deficit. 18 trillion dollars directly associated with China and the Chinese Communist Party, but we have an intellectual property deficit I think 25 trillion dollars,” Bannon said.

Bannon also explained that intellectual property theft occurred because not only industrial espionage, but also because of Wall Street and corporations.

“It’s not just simply from industrial espionage. That is because Wall Street and the corporations have basically been kowtowed that if you want to have anything to do with mainland China, you have to put it into a joint venture. Your joint venture partner is the Chinese Communist Party,” Bannon warned.

“All your intellectual property goes in and they just steal it right there and reverse engineer it,” Bannon continued.

“What China has done is they have leapfrogged about two centuries in the last 40 years and this was done through stealing technology,” Morrison said.

Watch:

The post War Room’s Steve Bannon Discusses Tariffs and China’s Unfair Trade Practices with Author Spencer Morrison (VIDEO) appeared first on The Gateway Pundit.

previous post
Polls Show Kamala Harris Fading as 2028 Contender — While Dark Horse Emerges as Clear Frontrunner
next post
President Trump: ‘Congratulations to Paul Ingrassia on Being Named to Head the Office of Special Counsel’ and ‘We Now Have The Most Secure Border in US History – The S&P Just Hit an All Time High!’

You may also like

DOJ Opens Civil Rights Investigation Into US University...

June 2, 2025

Victor Reacts: Your Rights Are Not Meant to...

June 2, 2025

President Trump Lashes Out at Biden Regime, Debunks...

June 2, 2025

Top CNN Reporter OUT After Outlet Pays Navy...

June 2, 2025

Ashley Biden Sparks Brutal Social Media Responses as...

June 2, 2025

FBI and Mueller’s Team Hid Russiagate Documents with...

June 2, 2025

Bill Clinton SHOCKS CBS Reporter, Drops BOMBSHELL Exposing...

June 2, 2025

Nawrocki’s Victory in Poland Boosts European Patriot Movement,...

June 2, 2025

Is Methylene Blue the Secret Weapon for Fighting...

June 2, 2025

Daniel Noboa A New Leadership for Ecuador

June 2, 2025
Join The Exclusive Subscription Today And Get Premium Articles For Free


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Hedge Market Volatility with These Dividend Aristocrats & Sector Leaders

      June 2, 2025
    • What’s Next for Dollar Tree, CrowdStrike, and Broadcom? Watch These Setups

      June 2, 2025
    • The Best Five Sectors, #21

      June 2, 2025
    • Week Ahead: NIFTY Stays In A Defined Range; Moving Past This Level Crucial For Resumption Of Upmove

      May 31, 2025
    • Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right Now

      May 31, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 IncomeOfAnyLuck.com All Rights Reserved.

    Income Of Any Luck
    • Politics
    • Tech News
    • Stock
    • Business
    • Editor’s Pick