Tom Bilyeu
👤 SpeakerAppearances Over Time
Podcast Appearances
It just wasn't.
China has summoned executives from Maersk and MSC, the two firms that are running the canal ports, brought them into Beijing.
They're having high level discussions so that they can see just how much control they can wrestle back.
There was no way that the Chinese were just going to sit on their hands as Trump manhandled them.
Not possible.
Okay.
Trump's moves in Panama, Venezuela, now Iran.
China was never just going to sit back and take it.
Boys and girls, China is formidable.
They are extraordinarily smart and they are a major global power.
There was always going to be a response to what we did in Panama.
Venezuela, Iran.
So you should not blame China for doing what they're doing.
What the U.S.
has been doing for the last year has made things worse for China, for sure, at least in the short term.
Between shipping and what we're doing there in the Panama Canal to take away their power, what we're doing to the price of oil because of our involvement in Iran, for China, that's a big ouch.
And at this point, even if there wasn't political friction between the U.S.
and China, there's so much economic friction that they had to do something.
And anyone in their position is going to use whatever leverage they have.
The U.S.