The President's Daily Brief
April 16th, 2025: Trump’s Tariffs Crush China’s Chip Market & A Wave Of Narco Terror In France
16 Apr 2025
In this episode of The President's Daily Brief: Fallout from Trump’s tariff blitz is hitting hard in China, where chip traders say business has all but collapsed. Following weeks of U.S. airstrikes, Yemen’s government may be preparing a ground offensive against Houthi rebels. France is rocked by coordinated attacks on its prisons, as gunmen torch vehicles and fire on facilities amid a crackdown on cocaine trafficking. Back of the Brief: Caribbean leaders warn Haiti’s government may soon collapse as gangs tighten their grip on the country. To listen to the show ad-free, become a premium member of The President’s Daily Brief by visiting PDBPremium.com. Please remember to subscribe if you enjoyed this episode of The President's Daily Brief. YouTube: youtube.com/@presidentsdailybrief Birch Gold: Text PDB to 989898 and get your free info kit on gold Kikoff: Tax season is the perfect time to take control of your financial future. Get your first month FREE at https://getkikoff.com/mike Learn more about your ad choices. Visit megaphone.fm/adchoices
Full Episode
It's Wednesday, the 16th of April. Welcome to the President's Daily Brief. I'm Mike Baker, your eyes and ears on the world stage. All right, let's get briefed. We'll start things off with more fallout from President Trump's tariff blitz. Chinese chip traders now say orders have vanished, and for some, it's reportedly gotten so bad that they're asking, what's the point of even showing up to work?
Later in the show, following weeks of US airstrikes, Yemeni government forces may now be preparing for a ground war to reclaim some of the territory currently controlled by the Houthi rebels. Plus, chaos in France, or as they say in France, le chaos, where the nation's prisons have been targeted in a wave of terror attacks amidst, say, drug crackdown.
And in today's back of the brief, Caribbean leaders are sounding the alarm that Haiti's government may be on the verge of falling, warning that the nation's powerful gangs may attempt to take control. Well, you know, frankly, gangs have controlled most of the capital of Port-au-Prince for months now. But first, today's PDB Spotlight.
We'll begin with the ongoing fallout from President Trump's tariff war with China, which appears to be rapidly destabilizing the communist regime's export-dependent economy. As we all know by now, last week President Trump hit China with a 145% tariff on most of their exports, prompting China to retaliate by placing a 125% tax on U.S. goods.
While much of the media coverage of the trade war has been focused on the domestic impact for U.S. consumers, the effects within China have already been severe. According to an exclusive report from the South China Morning Post, manufacturers and distributors of Chinese semiconductors are beginning to buckle under the pressure, struggling to find international buyers as prices spike.
One anonymous chip distributor told the outlet, quote, orders have plunged since last week. We've had almost no orders in recent days due to the price increase, end quote. The price of a single central processing unit or CPU chip, the most common chip exported from Chinese markets, has reportedly increased anywhere from 10 to 40 percent.
The jump in prices has caused an exodus of customers and forced some chip makers in China to halt their operations. The chip distributor said, quote, They added, quote, End quote. According to the owner of a semiconductor distribution company, some suppliers of U.S.
chips abruptly stopped quoting prices and halted shipments last Friday afternoon, right after the Chinese Communist Party, the CCP, announced their 125% tariff retaliation.
Another veteran chipmaker, who also chose to speak anonymously, said the tariffs are having a ripple effect across global markets, particularly in Southeast Asia, causing a sharp decline in orders as buyers become increasingly cautious. He said boxes of ready-to-ship chips are now stacking up at his business with nowhere to go. He lamented, quote, End quote.
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