Frank Gaffney

But a lot of these other things I'd like to think we could get through in the first half of the year with close partners that have proven responsible and several others in the second half of the year so that you've got a 2026 that is on a bit more of a predictable trajectory.

Some of them, yes. The first 20% that are linked specifically to fentanyl precursors getting exported out of China, until there's real measurable evidence of that flow going down, which China could turn off like a spigot. It's one of the benefits of being an authoritarian government. They know who's doing what, they know where it's being banked, they could turn that off.

Some of them, yes. The first 20% that are linked specifically to fentanyl precursors getting exported out of China, until there's real measurable evidence of that flow going down, which China could turn off like a spigot. It's one of the benefits of being an authoritarian government. They know who's doing what, they know where it's being banked, they could turn that off.

Some of them, yes. The first 20% that are linked specifically to fentanyl precursors getting exported out of China, until there's real measurable evidence of that flow going down, which China could turn off like a spigot. It's one of the benefits of being an authoritarian government. They know who's doing what, they know where it's being banked, they could turn that off.

As soon as they do that, those 20% could be reduced. Maybe they go to 10, maybe they go to five, maybe they go to zero. But if that flow does not measurably go down, they're staying in place, is at least what I hear. The others, if they get into the range of talks, they'll go from the sort of freak out stratosphere back down to just being high.

As soon as they do that, those 20% could be reduced. Maybe they go to 10, maybe they go to five, maybe they go to zero. But if that flow does not measurably go down, they're staying in place, is at least what I hear. The others, if they get into the range of talks, they'll go from the sort of freak out stratosphere back down to just being high.

As soon as they do that, those 20% could be reduced. Maybe they go to 10, maybe they go to five, maybe they go to zero. But if that flow does not measurably go down, they're staying in place, is at least what I hear. The others, if they get into the range of talks, they'll go from the sort of freak out stratosphere back down to just being high.

And I think that with other major partners, especially good allies that we've had free trade agreements with in the past, I think a lot of those tariff negotiations will go back close to zero. We'll maybe bank a few wins on investment and co-manufacturing of critical things.

And I think that with other major partners, especially good allies that we've had free trade agreements with in the past, I think a lot of those tariff negotiations will go back close to zero. We'll maybe bank a few wins on investment and co-manufacturing of critical things.

And I think that with other major partners, especially good allies that we've had free trade agreements with in the past, I think a lot of those tariff negotiations will go back close to zero. We'll maybe bank a few wins on investment and co-manufacturing of critical things.

But I would expect with the non-China economies, we're getting down to low to not very consequential rates by mid-year to the fall latest.

But I would expect with the non-China economies, we're getting down to low to not very consequential rates by mid-year to the fall latest.

But I would expect with the non-China economies, we're getting down to low to not very consequential rates by mid-year to the fall latest.

Yeah, well, it's just the kind of love that the Communist Party is so good at. They come and give you a nice hug, comrade, and sure hate for something bad to happen to your family. So just, you know, let's just smile for the cameras. And we're just a nice neighbor coming to say hello. But yeah. Don't make a deal with the Americans and better make sure it all works really well for us.

Yeah, well, it's just the kind of love that the Communist Party is so good at. They come and give you a nice hug, comrade, and sure hate for something bad to happen to your family. So just, you know, let's just smile for the cameras. And we're just a nice neighbor coming to say hello. But yeah. Don't make a deal with the Americans and better make sure it all works really well for us.

Yeah, well, it's just the kind of love that the Communist Party is so good at. They come and give you a nice hug, comrade, and sure hate for something bad to happen to your family. So just, you know, let's just smile for the cameras. And we're just a nice neighbor coming to say hello. But yeah. Don't make a deal with the Americans and better make sure it all works really well for us.

But the US is actually putting pressure on some of our partners and allies that are responsible for transshipment. And basically trying to make clear, China's giving you that burden. It's their... trade deficit that they're giving you to carry. And now you're getting grief from the United States about unbalanced trade, but it's China's unbalanced trade. So talk with us, work with us.

But the US is actually putting pressure on some of our partners and allies that are responsible for transshipment. And basically trying to make clear, China's giving you that burden. It's their... trade deficit that they're giving you to carry. And now you're getting grief from the United States about unbalanced trade, but it's China's unbalanced trade. So talk with us, work with us.

But the US is actually putting pressure on some of our partners and allies that are responsible for transshipment. And basically trying to make clear, China's giving you that burden. It's their... trade deficit that they're giving you to carry. And now you're getting grief from the United States about unbalanced trade, but it's China's unbalanced trade. So talk with us, work with us.

We understand what's going on. And as long as you talk and work with us, we'll try to make sure the pressure goes where it belongs, but we're not going to pretend it's not happening. And when it comes to this, I think there's a little bit of the criticism of Europe and about seeking economic advantage from the threat you want us to pay to protect you from.