{"id":293629,"date":"2018-12-03T16:06:00","date_gmt":"2018-12-03T21:06:00","guid":{"rendered":"https:\/\/admin.rushlimbaugh.com\/?p=293629"},"modified":"2018-12-04T16:11:30","modified_gmt":"2018-12-04T21:11:30","slug":"trump-wins-again-at-g20-chicoms-blink-on-trade","status":"publish","type":"post","link":"https:\/\/admin.rushlimbaugh.com\/daily\/2018\/12\/03\/trump-wins-again-at-g20-chicoms-blink-on-trade\/","title":{"rendered":"Trump Wins Again at G20, ChiComs Blink on Trade"},"content":{"rendered":"

RUSH: At the G20, just wrapped up, there was an extension of time, 90 days extension of time negotiated between us and the ChiComs on the tariff situation. And I want to explain to you what this really is all about by going back to me on this program April 4th, 2018.<\/a> This is audio sound bite number one. And this puts it in perspective.<\/p>\n

\"\"RUSH ARCHIVE: The bottom line, the ChiComs can\u2019t afford a trade war. And I know people don\u2019t want to look at it that way because people have been conditioned to think that the ChiComs are brute force strength and that they rule the world and that we can\u2019t compete with them and this kind of thing, and that\u2019s not the case. The ChiComs have so much of our debt they purchased, they can\u2019t afford for the United States to go belly up economically. That\u2019s not at all what they want. It doesn\u2019t help them in that regard. They regard us an enemy in other ways, but economically they\u2019re too invested here.<\/p>\n

RUSH: Yeah. Trump is threatening to raise tariffs above the 10% that\u2019s currently there to 25%, and everybody thinks that the ChiComs are running the show and are ruling the roost, and we\u2019ve got a 90 day extension.<\/p>\n

Here\u2019s Steve Mnuchin. This is from this morning on CNBC, being asked this question. “In terms of addressing some of the global issues that the president\u2019s taking on, do you think that the president thinks that there is sort of house money to play with now that the stock market\u2019s up so much?”<\/p>\n

MNUCHIN: On the China issue, he\u2019s been talking about this way before he ran for president. And this is a major issue for him. And again, I think this was a breakthrough moment for the two presidents reaching this agreement. The president is determined to continue to move forward on our economic path, and I think this was a great breakthrough, and now the two teams have a lot of work to turn this into a real agreement.<\/p>\n

RUSH: And I\u2019ll bet you at you ends up being a good deal for the United States. Mnuchin here is right. Trump\u2019s been talking about this since before he ran for president. He\u2019s been talking about this for 20 years, when you get right down to it, that is the disparity that exists and the surplus in trade we have with the ChiComs. Folks, I will guarantee you something. The president in his last negotiating ploy threatened to include Apple products, which are at present exempt. He exempted Apple as a fig leaf to Tim Cook, the CEO of Apple. He exempted them from any of the products coming in from China that now have a 10% tariff on \u2019em.<\/p>\n

\"\"<\/p>\n

He was gonna slap a 10% tariff on Apple products, and the president said, \u201cTen percent, hell, people can afford that. That will be okay.\u201d Let me tell you, a 10% tariff would add about $150 to the price of an iPhone. People would not easily handle that. The number of iPhones, the number of Apple products manufactured in China every year, the ChiComs cannot stand any kind of a deal that would limit the export of those devices to the United States. They wouldn\u2019t want to.<\/p>\n

It\u2019s a phenomenal number of people that are employed. You know these factories where iPhones are made have as many, in some cases, as half a million employees. Half a million employees! The factories have their own self-contained apartments and hospitals and playgrounds. It\u2019s a phenomenal setup that could not be replicated here. You gonna find a 500,000 employees for a single factory in the United States to do anything?<\/p>\n

So this is — and it\u2019s not spoken of much, and it\u2019s not just Apple products, but being exempt allows there to be a little bit less pressure on the ChiComs, including Apple. And it puts pressure on Apple, by the way, which has its own unique relationship with the ChiComs that is sometimes precarious. So I think Trump is gonna prevail on this.<\/p>\n","protected":false},"excerpt":{"rendered":"

RUSH: I want to explain to you what this really is all about by going back to me on this program April 4th, 2018.<\/p>\n","protected":false},"author":49,"featured_media":286323,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[12,1],"tags":[],"yoast_head":"\nTrump Wins Again at G20, ChiComs Blink on Trade - The Rush Limbaugh Show<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rushlimbaugh.com\/daily\/2018\/12\/03\/trump-wins-again-at-g20-chicoms-blink-on-trade\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"Trump Wins Again at G20, ChiComs Blink on Trade - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: I want to explain to you what this really is all about by going back to me on this program April 4th, 2018.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.rushlimbaugh.com\/wp-content\/uploads\/2018\/09\/APP-050918-SITYS-1.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"George Prayias\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/admin.rushlimbaugh.com\/#website\",\"url\":\"https:\/\/admin.rushlimbaugh.com\/\",\"name\":\"The Rush Limbaugh Show\",\"description\":\"Excellence In Broadcasting\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/admin.rushlimbaugh.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.rushlimbaugh.com\/daily\/2018\/12\/03\/trump-wins-again-at-g20-chicoms-blink-on-trade\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/www.rushlimbaugh.com\/wp-content\/uploads\/2018\/09\/APP-050918-SITYS-1.jpg\",\"contentUrl\":\"https:\/\/www.rushlimbaugh.com\/wp-content\/uploads\/2018\/09\/APP-050918-SITYS-1.jpg\",\"width\":640,\"height\":360},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.rushlimbaugh.com\/daily\/2018\/12\/03\/trump-wins-again-at-g20-chicoms-blink-on-trade\/#webpage\",\"url\":\"https:\/\/www.rushlimbaugh.com\/daily\/2018\/12\/03\/trump-wins-again-at-g20-chicoms-blink-on-trade\/\",\"name\":\"Trump Wins Again at G20, ChiComs Blink on Trade - The Rush Limbaugh Show\",\"isPartOf\":{\"@id\":\"https:\/\/admin.rushlimbaugh.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.rushlimbaugh.com\/daily\/2018\/12\/03\/trump-wins-again-at-g20-chicoms-blink-on-trade\/#primaryimage\"},\"datePublished\":\"2018-12-03T21:06:00+00:00\",\"dateModified\":\"2018-12-04T21:11:30+00:00\",\"author\":{\"@id\":\"https:\/\/admin.rushlimbaugh.com\/#\/schema\/person\/a2bc43fbe4b4e1ff4d1f092c6086a349\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.rushlimbaugh.com\/daily\/2018\/12\/03\/trump-wins-again-at-g20-chicoms-blink-on-trade\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.rushlimbaugh.com\/daily\/2018\/12\/03\/trump-wins-again-at-g20-chicoms-blink-on-trade\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.rushlimbaugh.com\/daily\/2018\/12\/03\/trump-wins-again-at-g20-chicoms-blink-on-trade\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.rushlimbaugh.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Trump Wins Again at G20, ChiComs Blink on Trade\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/admin.rushlimbaugh.com\/#\/schema\/person\/a2bc43fbe4b4e1ff4d1f092c6086a349\",\"name\":\"George Prayias\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/admin.rushlimbaugh.com\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a43c262983f0228d5f474ce08e691cf9?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a43c262983f0228d5f474ce08e691cf9?s=96&d=mm&r=g\",\"caption\":\"George Prayias\"},\"url\":\"https:\/\/admin.rushlimbaugh.com\/daily\/author\/georgeeibnet-com\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Trump Wins Again at G20, ChiComs Blink on Trade - The Rush Limbaugh Show","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.rushlimbaugh.com\/daily\/2018\/12\/03\/trump-wins-again-at-g20-chicoms-blink-on-trade\/","twitter_card":"summary","twitter_title":"Trump Wins Again at G20, ChiComs Blink on Trade - The Rush Limbaugh Show","twitter_description":"RUSH: I want to explain to you what this really is all about by going back to me on this program April 4th, 2018.","twitter_image":"https:\/\/www.rushlimbaugh.com\/wp-content\/uploads\/2018\/09\/APP-050918-SITYS-1.jpg","twitter_misc":{"Written by":"George Prayias","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/admin.rushlimbaugh.com\/#website","url":"https:\/\/admin.rushlimbaugh.com\/","name":"The Rush Limbaugh Show","description":"Excellence In Broadcasting","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/admin.rushlimbaugh.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"ImageObject","@id":"https:\/\/www.rushlimbaugh.com\/daily\/2018\/12\/03\/trump-wins-again-at-g20-chicoms-blink-on-trade\/#primaryimage","inLanguage":"en-US","url":"https:\/\/www.rushlimbaugh.com\/wp-content\/uploads\/2018\/09\/APP-050918-SITYS-1.jpg","contentUrl":"https:\/\/www.rushlimbaugh.com\/wp-content\/uploads\/2018\/09\/APP-050918-SITYS-1.jpg","width":640,"height":360},{"@type":"WebPage","@id":"https:\/\/www.rushlimbaugh.com\/daily\/2018\/12\/03\/trump-wins-again-at-g20-chicoms-blink-on-trade\/#webpage","url":"https:\/\/www.rushlimbaugh.com\/daily\/2018\/12\/03\/trump-wins-again-at-g20-chicoms-blink-on-trade\/","name":"Trump Wins Again at G20, ChiComs Blink on Trade - The Rush Limbaugh Show","isPartOf":{"@id":"https:\/\/admin.rushlimbaugh.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.rushlimbaugh.com\/daily\/2018\/12\/03\/trump-wins-again-at-g20-chicoms-blink-on-trade\/#primaryimage"},"datePublished":"2018-12-03T21:06:00+00:00","dateModified":"2018-12-04T21:11:30+00:00","author":{"@id":"https:\/\/admin.rushlimbaugh.com\/#\/schema\/person\/a2bc43fbe4b4e1ff4d1f092c6086a349"},"breadcrumb":{"@id":"https:\/\/www.rushlimbaugh.com\/daily\/2018\/12\/03\/trump-wins-again-at-g20-chicoms-blink-on-trade\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.rushlimbaugh.com\/daily\/2018\/12\/03\/trump-wins-again-at-g20-chicoms-blink-on-trade\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.rushlimbaugh.com\/daily\/2018\/12\/03\/trump-wins-again-at-g20-chicoms-blink-on-trade\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.rushlimbaugh.com\/"},{"@type":"ListItem","position":2,"name":"Trump Wins Again at G20, ChiComs Blink on Trade"}]},{"@type":"Person","@id":"https:\/\/admin.rushlimbaugh.com\/#\/schema\/person\/a2bc43fbe4b4e1ff4d1f092c6086a349","name":"George Prayias","image":{"@type":"ImageObject","@id":"https:\/\/admin.rushlimbaugh.com\/#personlogo","inLanguage":"en-US","url":"https:\/\/secure.gravatar.com\/avatar\/a43c262983f0228d5f474ce08e691cf9?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a43c262983f0228d5f474ce08e691cf9?s=96&d=mm&r=g","caption":"George Prayias"},"url":"https:\/\/admin.rushlimbaugh.com\/daily\/author\/georgeeibnet-com\/"}]}},"_links":{"self":[{"href":"https:\/\/admin.rushlimbaugh.com\/api\/wp\/v2\/posts\/293629"}],"collection":[{"href":"https:\/\/admin.rushlimbaugh.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/admin.rushlimbaugh.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/admin.rushlimbaugh.com\/api\/wp\/v2\/users\/49"}],"replies":[{"embeddable":true,"href":"https:\/\/admin.rushlimbaugh.com\/api\/wp\/v2\/comments?post=293629"}],"version-history":[{"count":5,"href":"https:\/\/admin.rushlimbaugh.com\/api\/wp\/v2\/posts\/293629\/revisions"}],"predecessor-version":[{"id":293674,"href":"https:\/\/admin.rushlimbaugh.com\/api\/wp\/v2\/posts\/293629\/revisions\/293674"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/admin.rushlimbaugh.com\/api\/wp\/v2\/media\/286323"}],"wp:attachment":[{"href":"https:\/\/admin.rushlimbaugh.com\/api\/wp\/v2\/media?parent=293629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/admin.rushlimbaugh.com\/api\/wp\/v2\/categories?post=293629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/admin.rushlimbaugh.com\/api\/wp\/v2\/tags?post=293629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}