The China Communist Party (CCP) Politburo is scrambling emergency plans and new monetary tools as Trump’s 145% tariffs slam the world’s number 2 economy. Beijing says it's done talking until the U.S ditches all unilateral tariffs - and it's not in a hurry.

Meanwhile, China’s economy gets vague promises, job funds, and a mystery real estate “rebuild.”

China’s finance minister didn’t hold back at the G20—calling out trade wars and tariffs as wrecking balls for global growth.

Lan Foan warned that the world’s economic engine is sputtering, and finger-pointed at protectionism for dragging down stability. His fix? Ditch the drama and get back to multilateral deals, fast.

China’s pitch was clear: stop using tariffs like weapons, start using diplomacy like grown-ups. Because if this keeps up, the slowdown might not just be a phase—it might be the future.

While the Chinese side denies reports that tariff talks are underway, Pan Gongsheng, the head of the People's Bank of China, is in Washington.

In addition, according to unconfirmed reports, Ambassador Xie Feng visited the White House on Wednesday evening.

US Treasury Secretary: China must change

Treasury Secretary Scott Bessent said today “China’s current economic model is built on exporting its way out of its economic troubles.  It’s an unsustainable model that is not only harming China, but the entire world.

China needs to change. The country knows it needs to change. Everyone knows it needs to change. China can start by moving its economy away from export overcapacity and toward supporting its own consumers.”

President Donald Trump laid-out the "non-Tariff CHEATING" that has been going on in China and around the world that is costing the United States TRILLIONS, and which MUST change:

The methods outlined above by Trump, show the magnitude of what the US has to deal with as foreign countries literally rob us through international commerce.

Yet despite these tremendous obstacles, erected to illicitly profit off the US, the American economy is still the largest in the world.   If these obstacles are removed, the American economy will soar and hundreds of billions will be saved and invested back into the US, propelling the nation back to greatness.

The US simply cannot tolerate the tilted playing field in international commerce any longer, and has drawn the line this year.   This is going to be a tremendous, very difficult, and PAINFUL fight.  Sadly, it appears to many people that this fight is necessary and cannot be avoided.

Unless these obstacles are removed, the United States will be hollowed-out and ruined.   The White House says President Trump sees this, and will not tolerate it. 

Change must come.  It must come now.  The US will force it, if that's what it takes.

Hal Turner Snap Analysis

Buckle-up and toughen-up.   This is going to be a very rough ride for us here in the US.  This is no time for cry-babies or whiney weaklings.   Our future existence is at stake.

There is going to be trouble from this; supply-chain disruptions likely far worse than during COVID.  There are going to be shortages, outages, inconveniences for a long time.  A year or two!

When it's over, the nation will be positioned to prosper like never before.  Getting through the tough period is the key; and that key is essential to us even having a future. 

There's a LOT at stake.  These problems __should__ have been addressed years ago.  They weren't, so the problems got bigger.   Now, the problems are so big, they threaten the life blood of the nation.

What Trump is doing, HAS TO BE DONE.  There is no choice.

Buckle-up and toughen up.  This is going to be hard.

China’s G20 blame game on tariffs masks their own economic aggression.

Fact 1: China’s intellectual property theft costs the U.S. $600B annually, dwarfing tariff impacts (IP Commission, 2024). Liberals excuse this as “global cooperation”; conservatives demand fair trade to protect American innovation.

Fact 2: Beijing’s currency manipulation devalued the yuan by 15% since 2020, undercutting global markets (IMF, 2024). The left ignores this predatory tactic, while conservatives back tariffs to level the playing field. China’s “diplomacy” plea is a distraction from their own market distortions.

Fact 3: U.S. tariffs under Trump (First term) cut the trade deficit with China by 20%, saving 200,000 jobs (USTR, 2023). Liberal multilateral deals often favor foreign powers; conservatives prioritize national sovereignty. C

hina’s growth woes stem from their own policies, not America’s defense of its workers. Stand firm!

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