They take product, technology, they steal it, they manufacture it, sell it back here. Never has an administration 400 percent terror. I want she on an airplane. to Washington, to level the playing field. This is not about tariffs anymore. Nobody has taken on China yet, not the Europeans, no administration for decades. As someone who actually does business there, I've had enough. I speak for millions of Americans who have IP.
that have been stolen by the Chinese. I have nothing against the Chinese people. They brought great literacy, art and tech to the world. The government cheats and steals and finally... An administration, you may not like Trump, you may not like his style or his rhetoric. Finally, an administration that puts up and says enough. 400% tariffs tomorrow morning.
He'll tell you why she can only stay the supreme leader if people are employed If we wipe out any business there because we are still 39% of all consumables on earth and 25% of the world's GDP. America is the number one economy on Earth with all the cards. We will not have that forever. It's time to squeeze Chinese heads into the wall now. Well, hold on. I hear you, but hold on. If we're talking about people.
The average consumer, not necessarily the head honchos of businesses all across the globe. Can they withstand the pressure of that sort of tax on the goods? Yeah, but what's your timeline compared to you? You don't know the average American's timeline, what they can actually survive. There's people right now who can't survive. 100% tomorrow morning, cheese on an airplane to Washington to cut a deal. And we've got some news just in from our friends at CNBC.
In response to what we've been talking about, China has just slapped retaliatory tariffs of 84% on U.S. goods in response to what President Trump has done. 84%. I mean, OK, here we go. The full blown trade war. Yeah, prices are going to surge. So much going on. The market's moving around on us. Wall Street set to open. In the red this morning is President Trump's reciprocal tariffs against dozens of countries.
taking effect officially now, including 104 percent against China. Beijing responding this morning, imposing 84 percent tariffs on U.S. goods. That's up from 34 percent. That was previously announced. That'll begin. Tomorrow, you can take a look, by the way, the Dow off 800 points, NASDAQ off 270 points, S&P 500 looking to open down about 92 points. Take a look also, though, at Treasuries because that market.
has people on edge. We're now looking at the 10-year note at 4.4. about who's going to be buying treasuries or maybe selling them, including. where China stands on all of that. Maria, I think it's unfortunate that the Chinese actually don't want to come and negotiate because they are the worst offenders in the international trading system. They have the most
imbalanced economy in the history of the modern world. And I can tell you that this escalation is a loser for them. They have some very smart economists. the academicians, technocrats within their bureaucracy, and they would be telling the leadership that we do not have the edge here. They are the surplus country.
exports to the U.S. are five times our exports to China. So they can raise their tariffs, but so what? You know what I don't hear them talking about? I don't hear the president either talking about. The working American right now who is going to bear the brunt of all of this. These guys are going to be fine. All of them. It's incredible. And yet to me, there is one option here, and that's for Republicans and Democrats to get together and do something. Why wouldn't they do something today?
We heard from the president yesterday and those I talked to around him. He is holding fast. There is we've seen some slight rifts open up within the administration, within the Republican Party. We know Treasury Secretary Besant. urging more negotiations. Some of those will be taking place
in the days ahead. Others like Peter Navarro, some extended Trump world, those listening to the Steve Bannon podcast are saying, no, dig in. This is indeed our moment to bring back these manufacturing jobs to the United States. Even though economist after economist after economist says that's just not realistic, or at the very least, it'll be extraordinarily lengthy process. It will take years.
And a lot of economic pain will be endured between now and now. Now, do you see any anti-American? We've lost a couple of bond deals already because they're not mean. They simply say that, you know, look, we'd rather just do this with a local bank than with a U.S. bank.
Look, we could overcome that. You know, that's why part of me thinks that don't let this go on too long because it's causing cumulative damage, including huge anger at the United States. Like I said, my goal would be keep the allies together.
Get them together. Keep working on that. You know, when you fix the trade, whether it's unfair trade, fix it. It doesn't matter if they're an ally or not, it should be fixed. And I think there are legitimate complaints about military spending. You know, they need to spend more in the military. So I hope. I hope what you saw like for Europe is a wake up call. fix their economy. You know, they have huge bureaucracy, you know, red tape, which I now call blue tape.
And, you know, if they fix that, that'd be good for them. and keep the Western world together. A huge complex geopolitical situation, huge fiscal deficits, not just here, but around the world. Sticky inflation, which I personally think will not go away so quick. And then you have, you know, what's going to happen to tariffs, what's going to happen to trade, what's going to happen. So tariffs and trade are just part of that mix.
They don't completely stand alone. So what do you think about the tariff plan? I think it is perfectly reasonable for someone to say that trade was unfair. There were unfair trade things. And remember, it's not just tariffs. It's tariffs.
I think they have the VAT wrong, how they understand it. And I think they should really get a better understanding to make it easy to negotiate. But there are all these non-tariff barriers around food and energy and then subsidies, which China is famous for. So it's totally reasonable to say we want to make trade better.
But I also want to point out to the Americans, we have the best economy in the world. Our GDP per person is $85,000. China's is $15,000. So you've got to put a little bit into context. And then, of course, when they put the tariffs in, that was way beyond what people expected.
It will cause a little inflation, slow down growth. But I hope what they really do is let Scott Besson, who I think is a professional, negotiate. I know Japan's here. I gather Korea, Vietnam have called, and then eventually Europe. Get those things done quickly. this is the primal scream of a dying regime Because we're going medieval on these people. I got a free shot at all these networks lying about the people. The people have had a belly full of it. I know you don't like hearing that.
I know you've tried to do everything in the world to stop that, but you're not going to stop it. It's going to happen. And where do people like that go to share the big lie? Mega media. I wish in my soul, I wish that any had a conscience. Ask yourself. Here's your host, Stephen K. Bannon. There are decades in which nothing happens, and there are weeks in which decades happen. Welcome to that week, one of those weeks, and there have been many with President Trump.
A full-blown, it's gone beyond tariffs, it's gone beyond trade. It's a full-on, you can't call it anything else but an economic war between the Chinese Communist Party and the United States. Chinese Communist Party ratchet up retaliatory. measures last night, tariffs and others, and they've got a full toolbox. The Wall Street Journal has a really smart article up about how they've been
prepping for this war, economic war. They've already been engaged in economic war with this unconventional warfare, unrestricted warfare. But they've been planning on this for many, many years, and now we're fully on it. Even as we were going through the cold open, the European Union has announced retaliatory measures against the United States. The stock market was kind of calm. Futures overnight then dropped precipitously. President Trump's. dug in, and then right now is up about 150.
I think that's because Scott Besson, the Secretary of Treasury, has been out there. And yes, there is a, remember, it's not really a negotiation because what they're putting out is non-negotiable, but they're open to having meetings in which they can potentially work out deals. We know that Japan, Korea, and Vietnam, and I think East Asia, is very important this morning. Caroline Renz actually happens to be in Malaysia at the ASEAN.
We're going to get a report from her from Kuala Lumpur later in the show about the pressure the Chinese Communist Party is putting on Southeast Asia and East Asia to basically kowtow to them and abandon the United States. up to the fact of the word there is that they're telling the delegation in Vietnam to leave Washington, D.C. and come back. So this is full on. As we told you, remember, our saying here also is that the bond markets turfed out more governments than howitzers.
A little while ago, the bond market kind of froze up in 10-year treasury. 10-year treasury popped. to 4.5%. Remember the other day we were on the show, it was down, I think it hit 3.9, 3.95. That was kind of irregular, I'm not saying liquidity, but irregular trading. And I believe that is twofold. Number one, not just the tariff situation, but now this outright throwdown between the Chinese Communist Party and the United States. But in addition.
I think it's just starting to think through the Senate bill of which is being pushed by the president. And I can tell you there's some spending there. People don't understand the scratching their heads, including. I heard Jamie Dimon there, a $1 trillion defense bill, and I don't know how that's aligned with hemispheric defense.
We're going to work through all that this morning. A huge debate last night. We'll get the eclipse of that last night between the libertarian on zero hedge, Peter Schiff. And, of course, Spencer Morrison. Spencer, give me your assessment, not just of that. We'll play clips last night. It was an incredible debate.
Drew, hundreds of thousands of viewers. We really want to thank Zero Hedge for putting on. Give us your assessment of what's happened overnight because now this is, as I've said for the last couple of days, and that's why I keep my weekend FT. Trump defined as Beijing's fight back deepens turmoil. This was...
China. Yes, they had other aspects too, and you have to get it sorted, and you've got to get our other quote-unquote allies from ripping us off, and you have to understand how you get American cars into Japan. And and you have to deal with the EU who, you know, who wants us to defend us, who wants us to keep.
the carrier battle groups in the Red Sea, which, by the way, since the EU retaliated, I would pull both carrier battle groups out and say, guys, hope that Suez Canal thing works out for you. Spencer, your thoughts overnight, because now it's pretty open. It's economic war between the Chinese Communist Party and the United States of America, sir.
And like you said, Steve, this is just the latest salvo in an economic war that's been raging for at least 20 years. We have to remember that since China joined the World Trade Organization, They haven't played by any of the international rules. They've instituted legal barriers to entry to the Chinese market. They've given Chinese exporters. subsidies and below market rate loans so that they can invest in the capital that they need to feed the US market.
here's another thing that a lot of people don't know that when a US company wants to invest in China and build and build a factory. They have to partner with a Chinese company, and they have to – the management, they have to export the technology, and they have to train up the Chinese people to do the jobs, right? So this is an avenue for a technology like that.
This is what Kevin O'Leary was saying last night. You have to form a joint venture. In that joint venture, you have to put all your intellectual property, all your processes, all your patents. They get full access. Spencer, hang on for one second. We're on fire this morning. We're going to go to Greece. The great Matt Boyles just interviewed the prime minister.
He's got a lot to say about this trade war and the Chinese Communist Party. The great Jack Posobiec is going to join us. Todd Benzman, as the U.S. military talks about going kinetic via drones on cartels. We got Dr. Bradley Thayer about the Chinese Communist Party and the economic war. Also, Caroline Wren is from Kuala Lumpur later in the show talking about ASEAN. And the folks in Southeast Asia that want to be trading partners to the United States. And guess what?
They want to give up their unfair trade practices and be a part of the United States of America. Okay, I think today's the day gold's over $3,000 again. I said it was going to be turbulent. And watch that bond market.
The bond market could take one of two things. I think they could take a trade war or they could take this massive Senate bill. The Senate bill has to be delineated. We can't be like Liz Truss. We can't just be throwing things out there and the Senate bill says, oh, $4 billion a cut. The gimmicks are not going to work. You have to explain to people, particularly the bond market.
You have to explain to the bond market. Bond market is more important than the equity market. So don't get all, you know, don't wet yourself about the Dow Jones Industrial Average and forget about the bond market. Bond market is very important and had a little hiccup, just want a little freeze. Early in the morning. Short commercial break. Back in the warm in just a moment.
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urging more negotiations. Some of those will be taking place. in the days ahead. Others like Peter Navarro, some extended Trump world, those listening to the Steve Bannon podcast are saying, no, dig in. This is indeed our moment to bring back these manufacturing jobs to the United States.
Even though economist after economist after economist says that's just not realistic or at the very least, it'll be extraordinarily lengthy process. It will take years and a lot of economic pain will be endured between now and now. Okay, we're going to go around the world today. Let's go to Greece and our own Matt Boyle, the national political editor of Breitbart News. One, Matt.
Why are you in grease freezing? Why is a Florida boy in grease freezing? What are you doing over there? And I hear you got breaking news, sir. So I'm in Arakova, Greece right now. We're up in the mountains.
short way away from here the Delphi Economic Forum is about to begin. The Delphi Economic Forum is at the center of the world the ancient world in Delphi- the- Greeks would come from all over the country from all the different city states like Athens to go to see the Oracle of Delphi to try to get advice right like so the Athenians the ancient Athenians came to Delphi. to seek advice on how to stop the invasion of the Persian king, Circe, right?
holding an annual economic forum for the last decade and. are a ton of world leaders and thought leaders etcetera that are coming here. It couldn't be a better time to hold this because this is the day the tariffs kicked in in the United States the president's action. So everybody's looking to the United States to try to figure out what's going to happen.
I got to Greece a little over 48 hours ago. In that time frame, I've interviewed the prime minister, one of Greece's two vice presidents, as well as- the Archbishop of the Orthodox Church in Greece. And tons of different news. The big thing I would say, though, is the big takeaway from all of these conversations. The Europeans at least the Greeks are ready to join with President Trump against China. want to make a deal they want to figure out how do they how do they get there.
The prime minister of Greece, Mitsotakis, told me that he is ready. He believes Europe is ready to make a deal that he called win-win. mutually beneficial deal with President Trump and that they understand that the big picture here is about stopping the Chinese Communist Party so that.
trade war that we're talking about here that economic warfare with china that's what this is this picture is about uh and i think that president trump has a unique opportunity right now around the world with what you see with a number of these countries whether it be the europeans who
are sometimes being dragged kicking and screaming along to the to the point of working with the Americans to stand up to China but they may get dragged there. But along with that the Japanese the South Koreans the Indians. so many more. President Trump can unite the world and create a global coalition to defeat the Chinese Communist Party.
And there's a pathway to do so already in existence. President Trump signed earlier this year, and this is the big picture. And I asked the president about this when I was in the White House. him just a few weeks ago he signed a deal with Narendra Modi the prime minister of India when he came to the United States called the IMEC corridor. And the IMEC Corridor is the first Western-led
corridor to counter the Belt and Road initiative from China. That it starts in India. It goes through the Middle East and this is why expanding the Abraham Accords and getting the Saudis on board is so important. It goes through UAE and Saudi Arabia. And then it goes through Israel. And then it goes from there through Cyprus into Greece into Western Europe. So the way to look at this is, and this is what the prime minister told me, is that you have on one side.
the world's biggest democracy in India. On the other side, the world's most powerful democracy in the United States, and the birthplace of democracy right here in Greece, in the center that holds the whole thing together. And this is the Western world's answer to the communist-led trade routes through the Belt and Road. Is there an understanding of not just the Greeks but the other Europeans that are there that we have to come to some sort of – there's got to be worked out?
We put forward the issue of reciprocity, which both tariffs and non-tariff barriers, particularly in countries like Germany, et cetera. Is there an understanding at this conference? that these are reasonable requests and somehow we got to figure this out. I've only talked to Greeks so far, so I haven't talked to some of the folks from the other places yet. So I don't want to give you minutes. misinformation, but I do think that
What you're seeing from the European leaders, and you heard this from the European Union President Ursula von der Leyen the other day, they're willing to work with the United States. Their measures that they approve. just moments ago, the European Union, are frankly, you know, they're kind of muted, right? Like these were things they were planning anyway.
response to the tariff the aluminum and steel tariffs. They dropped the bourbon tariff that they were gonna do after President Trump's threat of 200% tariffs in response on any European alcohol imports to the United States. So I think the Europeans, based off my conversations, again, pretty heavily with the Greeks and I'll see if I meet some folks from some other nations, is that President Trump can rally Europe to his side. in the broader economic war with China.
You've been following President Trump as close as anybody for the last 10 years. It should be no surprise that this throwdown with China came and China's punching back with all their might. And actually, the Wall Street Journal is reporting how they've been preparing their toolbox. with a lot of different, including as I've been warning on this show, maybe even cutting off medicines and active pharmaceutical ingredients. I mean, they've got a whole escalatory ladder.
You're knowing President Trump. Has anything President Trump's done in the last 48 hours vis-a-vis the Chinese Communist Party and China as a trading partner surprise you? And everybody keeps asking me, oh, is Trump going to back down because of the Wall Street trade, you know, the markets or the media pressure? No. President Trump has been gearing up for this moment his entire life, right? Go back and watch the interviews he did decades before he was president.
I've talked to him about this dating back to. you know, two years before, three years before he ran the first time. And during his presidency, both presidencies, and in the intermediary time between. President Trump has been, you know. gunning for this fight forever. And the reason why is because The United States needs it. It's like a nuclear bomb went off, Steve, in America's heartland.
Right. Like after the Cold War. Right. America after World War Two was a manufacturing powerhouse. This is what I keep telling all the Greek leaders that I've been meeting with because I met with several. business leaders, politicians, etc. They have my schedule very packed while I'm here, right? Because I'm only here for a few days. after we were manufacturing powerhouse coming out of World War II.
And then after the Cold War, we, you know, the entire foreign policy establishment acted like history was over. That was the phrase you would hear. It was the end of history, right? Like that there was no challenge. And then that allowed the Chinese Communist Party, and frankly, the politicians in both parties in America, both Republicans and Democrats, from both Bushes, the Clintons, the Obamas, and Biden.
allowed China to hollow out our middle class. It's like in all the factories. So many of the factories are shut down. The ones that are still operating that used to employ, say, 30,000, 20,000 people, maybe employ 1,000. Right. Like so it's it's as if a nuclear bomb went off in Ohio.
And President Trump deeply understands this. And then, oh, by the way, China, just for good measure, just keeps pumping fentanyl back into the to replace the jobs, right? Like, so they steal our factories and our innovation and our manufacturing. And then they they pump drugs in to poison our people afterwards. So when I say it's a nuclear like a nuclear bomb went off, it's not just the the the hit of losing the job, losing the fact.
then they're addicting all of our people to deadly chemical drugs. And it's having lasting, lingering effects. so president trump is exactly right about this and i think that He's not backing down. There's no reason why he would back down. There's nothing that the establishment can do to stop him. And I think that, look, this is a big swing. He's taking a huge swing here.
as president, it's maybe bigger than many of us would have thought he would have taken. Right. Because, you know, sometimes, you know, once they get there, they get into office, you know, all these people get around them and they try to. work them from different sides i'm impressed with president trump and i think that um
The more he holds the line and buckles down here, if he succeeds on this, and I think he will, he will go down as one of the greatest presidents in our country. They'll have to carve out an extra spot for him on Mount Rushmore if he wins. on this fight, right? Like, I mean, and they'll probably be on, uh, you know, on money at some point, right? Like, I mean, he's going to be remembered as an incredible president if he pulls off this huge swing that he's taking.
Matt Boyle, where do people get your reporting at Breitbart and see the interview you're going to put up with the Greek prime minister? Where'd they go? Yeah, we just published it. It's at Breitbart.com. And on my X handle at MBoyl1, I'll have all sorts of different things. And we've got... Tons more stories coming from here. So exciting stuff from here. So, Steve, thanks for having me. Exciting stuff. An amazing, amazing background here in Arakova. So I had to do the hit outside.
No. Amazing. Amazing. Let you get inside. Let a Florida boy get inside and not freeze. Okay. Amazing. Great report. Jack Posobiec is going to join us in a moment. We're going to go to commercial break. We got Spencer Morrison. Spencer had the big debate last night on Zero Hedge. I want to thank the team over at Zero Hedge for making that possible. with peter schiff uh i mean we're prejudiced we think spencer
Did amazing. I think the audience is in too. Jack Posobiec is one of the top experts in the country as a naval intelligence officer, speaks perfect Mandarin, reads Chinese. knows from an intelligence point of view, and also President Trump and the White House and the MAGA movement. He's going to be with us next. Short commercial break. Make sure you go to Birch Gold. Take your phone out. Text now more than ever. I told you it's going to be turbulent. Bannon, B-A-N-N-O-N at 989898.
The ultimate guide to investing in gold and precious metals in the era of Trump. Told you it was going to be turbulent. Gold's a hedge in a store of value now more than ever. Short break. Poso on the other side. I've been telling you about a very serious threat to your home equity.
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Okay, welcome back. We're going to go around the world this morning because this is a world event. We want the War Room audience to watch that. I am watching the bond market. As you remember, I've said, and Jack, you know this, that there are more... Government's turfed out. The bond market's taking out more governments than howitzers. You got to watch that bond market. The 10-year treasury drives your life. It's been a little, it's jerked around here the last couple of days.
froze up a tad this morning. I happen to think that's dumping the Senate bill on top of it, particularly with not, it's ill-formed. You have to have a lot of specificity on these things. Posobiec, your thoughts on Boyle? By the way, incredible interview with Matt Bull and Grisha. I want to thank Matt for going outside and freezing to do that.
Thoughts on his from Greece, also yours. They got Taiwan this morning, China. You know this area. You know the neighborhood better than anybody. What do you think? Yeah, Boyle, I guess he's a month early for the East Med. It'll probably warm up a little bit come May. But you have to have that Delphi for him a little bit later up there on Mount Olympus, I guess. get us some of those thunderbolts for him. But look, when it comes down to it, when it comes down to it, with President Steve,
Go back to the very first days of War Room Pandemic. Go back to the very first days of all the things that we've talked about from that day until now. Everything that we've discussed has been building to this moment. Everything that MAGA has been fighting for, everything that these people have been fighting for, we're almost at the 10-year mark. of president trump coming down that escalator coming down the golden escalator it'll be just in a couple of months here is 10 years
to say the American people have been ripped off. And what have we said? We said that it was an a merger, an elite merger, not captured, but an elite merger. Natalie Winters has all the reports. National Pulse has all the reports. a merger of the elites of the United States and the elites of China. And through that, a corrupt elite merger.
They built the seeds of globalism sown, by the way, on the bloodied streets of Tiananmen Square. We've talked about this for years, wrote books about it, et cetera, et cetera. President Trump is finally going to do something to fight back. I'm not just talking about the IP stealing and the military secrets and all the stuff that's going on and Clinton selling them to satellite technology and all the rest. No, no, no, no. We're talking about the hollowing out of the middle class.
We're talking about the hollowing out of the working class, particularly. Go look at the why is the Rust Belt like the Rust Belt? Why is Pennsylvania, Michigan, Ohio, Wisconsin look the way that it does and Shanghai and Shenzhen look the way they do? That's where your money went. That's where all these people, oh, China's more technologically advanced than us and China's leaps and bounds. Guess what?
That's built off of Western capital. That's built off of the backs of the American people being turned into a zombie-like consumer slave class where you have two options, right? Go buy the new iPhone or go take the latest fentanyl. And as you go. slowly spin down into a downward spiral of depression and the deaths of despair throughout the America's economic heartland. That's why the MAGA movement exists.
That's why President Trump is where he is. That is what the American people voted for him to do, not the elite. the working class people of this country. When I saw President Trump's speech last night at the NRCC, I said, that is full-throated, raw economic nationalism. And I had tears in my eyes watching that speech because finally. Finally, someone is actually doing something about the Chinese Communist Party that has been robbing us blind for 30 years.
i i've talked about this for so long i spent two years over there about 2006 to 2008 off and on going back and forth shanghai shanghai american chamber of commerce going working for a u.s firm trying to bring u.s business over there we can't bring u.s businesses over there there's all sorts of trade barriers and all of a sudden some party members got this problem and they got that problem and oh this can't come over because
You know, you've got agriculture, you've got mad cow disease and you've got bird flu. So we got to block this and block that. They won't call it a tariff, but they'll call it something else because they know exactly what they're doing. And then you have American business owners and American politicians going over there saying, oh. So your model, you don't have to worry about pollution controls or human rights or civil rights or any of these things. You get to pay people nothing.
And you have all these workers, and they'll do the work much cheaper than all those union workers, manufacturing workers, and blue-collar workers in the United States.
this is great we love this system and then we're going to come back and import it to the united states the big lie of all of this has been rather than china becoming more open and democratic if we put them into the world trade organization or give them The PNTR, the Permanent Normal Trade Relations, no. And most favored nation status, by the way, no. We've become more Chinese.
We've become more like them. We've become more autocratic. We've become more socialist. We've become more like Xi Jinping's technocracy, and it's done. And by the way, Steve, what happened the very last time? that China had their backs up against the wall, right up against the wall, like Kevin O'Leary said. What happened? COVID. That's when COVID-19 was released at the height of the Hong Kong protests. at the height of Trump's tariffs the first time.
COVID comes out, COVID-19, they lied about it. And by the way, Free Beacon has the story yesterday. They hit our soldiers. at the Wuhan World Military Games in October 2019. They lied about this. They knew it was coming to the United States. So don't sit there and tell me that, oh, Wall Street Journal, oh, they got a whole of war. No, it was warfare. It was warfare, and it's time to fight back. They declared a people's war on us in May of 2019 when they rejected the Lighthizer-Navarro deal.
that President Trump had worked on for two years. They had one belt, one road, the top of their game. They were crushing Hong Kong. They rolled right into the games, released COVID to stop Trump. You said on the very first show, folks, particularly newer audience members, but the... Our original posse would remember the very first show Jack Posobiec was on there. And I asked you the question, the very first pandemic after we shifted over from impeachment in late January of 2020.
I asked you point blank, I said, does he still have the mandate from heaven? And you said, it's questionable. What about today? Is Xi trying to convince the Chinese people he still retains the mandate from heaven? Well, that's exactly what Kevin O'Leary was discussing when he said Xi cannot remain supreme leader if he loses the mandate of heaven, if he loses face in front of the Chinese people.
So the mandate of heaven goes into this idea, this theory of Chinese history of the cyclical nature of Chinese dynasty. And if you look at the CCP as a modern dynasty of China, the same way Qing dynasty, Ming dynasty, Song dynasty, Qin dynasty, et cetera, all the way back to Emperor Qin Shi Huang and the yellow emperor, the golden emperor, all the rest, that a dynasty falls. when a dynasty becomes corrupt, when a dynasty loses. So invasion, pestilence, economic downturn, disease.
Famine, these are all reasons for a dynasty to have lost face or in the Chinese context, lost the mandate of heaven. And so if the Chinese people believe he has lost this, then potentially that would be something that would actually sap the economic – or the political strength of his position within China. Now, I don't think – that he is in a position to lose power in China right now. That's not what I'm saying. But what I am talking about is this is the nature of how China works.
This is the nature of how things have always been. So he's going to fight as hard as possible to maintain the Chinese Communist Party's grip on control within China the same way he did back all the way back then. The market is basically flat right now, so people are waiting for the next blow to fall. This is after the European Union. Jack Cannon, one second. I want to bring in Benzman on the fentanyl situation, and Jack, get your intel.
Todd Benzman joins us. Todd reports out that the U.S. military or CIA are looking at doing actual... kinetic drone strikes to stop the fentanyl traffic. Treasury today put out a report. Besant was up and said that the fentanyl thing is getting worse right now. The Chinese Communist Party.
They had a biological war with the pandemic. This is chemical warfare against the American people. They're not dialing it back. It may be a little stop coming through Mexico because of the terrorists, but they're not dialing it back. Talk to me about this report and your assessment. NBC is out with a pretty scoopy report talking about how the White House and Trump are interested in unilateral drone strikes against the cartels in Mexico.
This is causing quite a kerfuffle, of course, in the bilateral relationship between Mexico and the United States. But I've been telling you here for, you know, a couple of months now that they seem to be the United States seems to be moving in a direction. toward this since the very beginning, you know, putting a bunch of spy flights up and naval vessels off both coasts and 10th Mountain Division on our side and striker brigades, CIA.
So I mean, I wouldn't be surprised if Trump decided at some point to start striking in Mexico, which would be just absolutely unprecedented. Claudia Scheinbaum is out over the last 10 hours or so complaining about this, saying, you know, we're opposed to this. It's something we won't accept. But, you know, Donald Trump is not a conventional president at all, as we all know. And so, you know, anything's possible. It's the madman theory in action here.
Hang on one second. I just want everybody to understand this is all part of a piece. the chinese communist party with the fentanyl was their chemical weapon that was their kind of second opium war what the british did to them they're doing now to us President Trump has said, you've got to stop the games. Now, we know from reports in the New York Times, Todd, that the tariffs have cut the fentanyl by 50%.
But the report Besson and people are talking about is that the Chinese Communist Party are still in back of this and trying to push hard. I guess the blockbuster in the story is not so much the drone strike. but it's unilateral. In other words, he ain't dialing in the Mexicans. I think the feeling is probably they don't want this to leak because the Mexican, even the Mexican Marines.
are rife with informants for the cartels. The cartels own the federales. They own the politicians. You keep talking about going after the company. Is this why President Trump's thinking now of unilateral military action? against at least these labs, these concentration of labs in these mountain towns, sir? Yeah, look, Mexico is acting. They are moving on fentanyl labs in places like Culiacon.
where Ben Berkwam and Oscar have been visiting recently. New York Times has been down there. They are moving. They are doing some things. The seizures. way down on our side of the border. It does seem like there's been action, but Not enough, apparently. Donald Trump doesn't think that there's been enough action. And I'm guessing that they probably discern that the Mexicans' heart is not really in that fight. They're all taking their cut.
In my opinion, and I think that's an informed opinion, for many, many years, there have been no raids whatsoever, no move on Culiacon labs for years and years, 10 years. All of a sudden, now they're doing a few things. But evidently it's not enough. So, you know, we'll see. And I think the numbers for fentanyl smuggling events are going to be down again in March. That'll be three consecutive. of declines in fentanyl seizures on our side, which is a good indicator.
And Derek Maltz, the head of DEA, told me last week. that he thinks that they've got intel that the cartels are making a decision to start moving fentanyl into European markets instead of our markets just to get the heat off of them. Maybe that is emboldening Trump. Maybe they want to keep that fire under the pan, so to speak. On that, who knows what's going on there, but it's definitely caught everybody's attention on that NBC report.
Yeah, that was a controlled leak. They had pretty good sourcing on that. Short commercial break. Make sure you go to jacemedical.com today and find out how you can avoid getting wrapped up in the strategic initiative of the Chinese Communist Party. To shut down our generic drugs. Do it today. Short break. What if he had the brightest mind in the war room delivering critical financial research every month? Steve Bannon here. War Room listeners know Jim Rickards. I love this guy.
He's our wise man, a former CIA, Pentagon and White House advisor with an unmatched grasp of geopolitics and capital markets. Jim predicted Trump's Electoral College victory exactly 312 to 226. down to the actual number itself. Now he's issuing a dire warning about April 11th, a moment that could define Trump's presidency in your financial future.
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I read it. You should read it. Time is running out. Go to RickardsWarRoom.com. That's all one word, Rickards War Room, Rickards with an S. Go now and claim your free book. That's RickardsWarRoom.com. Do it today. Here's your host, Stephen K. Band. Today, many things you should check out. Number one, like I said, go to Jason Medical. I've been telling you for a long time that this day was coming, right? We're now, this is a throwdown.
And I agree with Boyle. I agree with Poso. I agree that President Trump's not backing off this. And that means the Chinese Communist Party's got a big toolbox, part of the toolbox. The Wall Street Journal is talking about is, guess what, active pharmaceutical ingredients. Of course, everything, rare earths, everything that they've controlled, and we've let them take the supply chains, but one of them is generic.
Go to jacemedical.com today. Promo code Bannon today. Just check it out. Just get on the site and see about it. Also, Birch Gold. We told you turbulence was coming, and it's not going to get any less turbulence. As Boyle said and Poso said, they've been unrestricted war for us over a decade. But people's war outright since May of 2019. Vicious.
Visually, first of the pandemic from the Wuhan lab, which we called in the very first day of war and pandemic. And we're proven right over time after being smeared and deplatformed by everybody. Because of that. And also for standing up for President Trump and in his victory in 2020, which we're very proud of even today because he did win.
Birchgold.com, End of the Dollar Empire. In the Wall Street Journal article, what they talk about is the Chinese Communist Party making all efforts right now on a de-dollarization move globally. Because they're getting crushed in their capital markets. So de-dollarization. Remember, that's what we talk about in The End of the Dollar Empire. Go to birchgold.com. Just check it out.
Poso, you heard Benzman. He makes the case that President Trump and the team are thinking about this. People should understand the NBC report was quite well sourced. from the Pentagon, the intelligence services, and the White House. Your thoughts, sir?
Look, Steve, when it comes down, though, we know that the border situation has gotten completely out of control. These people, not only these, and I shouldn't say people, these scum, these absolute animals that are operating on both sides of the border. That's what's clear about this. is that these rat lines that they've had over, up, and into parts of the southern United States have been going on for a decade plus. The situation is completely unstable. Why are we so worried about the borders?
of countries that are thousands and thousands of miles away and when again we're not protecting our own economic heartland. You know, I'm a Mackinderite when it comes to the American heartland. You know, not so much about the world islands, but when it comes to the American heartland, yeah, then I become a Mackinderite. And so this idea is we need to fight. If you look at it as. a whole of government, whole of society approach.
towards the CCP. Well, guess what? The CCP, where are they? They're at the Panama Canal. They're at the border when it comes to the fentanyl through the backfilling of these of these cartels. They're coming across the Arctic. They're going to Taiwan with the first island chain there. So when you look at all of these things writ large, and then of course, they're all backfilling with Wall Street and...
the Ivy Leagues and taking all of our, you know, professors, the thousand talents program. I got it. Okay. The answer is what's behind every door. It always ends up being. So they're fighting a people's war against us on every single front. And finally, Finally, there is an administration that says rather than tapping into that, that's saying I'm going to be on the crack myself. No, we're going to get America off the crack. We're going to get America back to a holistic.
healthy heartland economically, spiritually, and physically. And yes, That means taking out the running dogs of the CCP. in these cartels. So yeah, if there's some cartels that don't want to stand down, well, guess what? We've got drones. We've got the 75th Ranger Regiment. We've got the 82nd Airborne. Let's have at it. Let's have at all of it.
When it comes to special forces, why not? Wouldn't surprise me, by the way, Steve, if we had a couple of three guys that are already out there painting targets. Todd Benzman, you just heard Jack. People are serious about this. We're fed up with it. We're tired of it. We're tired of having our people destroyed by this chemical warfare attack by the Chinese Communist Party. How do you think that's going to set down south of the border?
Oh, I mean, you know, it's the American dogs. I mean, there's a long history. about American military adventures in Mexico and everywhere else down there. And people are, especially people like Claudia Scheinbaum. people on the kind of socialist left are especially keyed in on this. So I don't know what their pushback is going to be, but they'll push back if we try something like that. I think what they're up for is some joint kind of U.S. intelligence-led intervention.
kind of action down there. I don't know what they're going to do if we just go at unilateral. I mean, I think they're going to lose their collective minds. And one thing about that that I do worry about. I'll just put this out there is that we don't want to see the Mexican population. start viewing the cartels as the hero victims of martyrs against the North American dogs that are doing this to us again.
So I think there is a fine balance. We don't want to lose the Mexican people in too much military intervention. It's just something to think about. Yeah, no, that gets to the Pancho Villa, Blackjack Pershing, the last expeditionary force I think we sat down there. Todd, we'll spend more time on this during the week. Where do people go to get all your great writings and all your information?
This front in the war of the Chinese Communist Party is about to go kinetic, I believe, either in combination with the Mexican military or in a solo endeavor. So where do people get you? I know you're covering it nonstop. They sure have been setting the table for that for a couple of months now. Yeah. So you can, you know, follow me at on X Benzman Todd.
I've got an account at Getter, very active, and Truth Social. ToddBenzman.com is my website, and you can follow my newsletter, sign up for my free newsletter there. I've got a piece about to publish in The Daily Wire. that I just came back from the border and I'll put that up here shortly. Great, and we'll push it out. Todd Benzman's Daily Wire piece will push out as soon as we get it. Thank you, Todd. Look forward to having you back on during the week. Got to use Todd Benzman while we can.
Never know when we're going to lose him to the administration. Jack's going to stick around. We've got Spencer Morrison. I hate to say the victor of the debate last night, but let's say the victor of the debate last night. Although it was a great debate. Libertarians versus the Nationalists. We're gonna take a short commercial break. We got the right stuff to take us out. We're gonna go around the globe to Malaysia, Kuala Lumpur.
to hear about what our potential trading allies are talking about now. Jack Posobo is going to stick around with me. Short commercial break, 90 seconds, two minutes, I think. Back in a moment, the war room. The April 15th tax deadline is coming and it's coming fast. Do you have unfiled tax returns? Can't pay the IRS? The IRS is more than aggressive and the more aggressive than ever. And the longer you wait, the worse it gets. Wage garnishments, bank levies.
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