On Wealth and Progress

Did Xi Trap Trump in a Trade TACO?


Listen Later

In this episode of On Wealth & Progress, Todd Sheets breaks down one of the most controversial and misunderstood topics in U.S. policy  President Trump’s new tariffs on China and what they really mean for America’s future.

You’ll learn:
• Why both Republicans and Democrats have criticized Trump’s trade strategy.
• How tariffs became a key part of his long-term plan to “decouple” from China.
• Why the so-called “TACO” criticism (Trump Always Chickens Out) misses the point.
• How raising and then lowering tariffs was part of a deliberate negotiation strategy.
• What the latest deal with Xi Jinping really means for U.S. supply chains, rare-earth minerals, and inflation.

Todd also explains how decades of outsourcing to China helped fund its rise and why Trump’s gradual approach may be the only realistic way to unwind America’s dependence without crashing the economy.

If you care about global trade, economics, or America’s long-term strength, this episode offers the big picture behind the headlines.

🔗 Learn more at https://toddsheetswriter.com

Subscribe to Todd's Substack: https://substack.com/@toddsheets 

 📖 Get the book 2008: What Really Happened: https://www.amazon.com/2008-Really-Happened-Todd-Sheets/dp/1641773936 

🎧 Podcast: Search “Todd Sheets – On Wealth and Progress” on your favorite platform

 👉 Subscribe for more deep dives on history, economy, geopolitics, and American resilience.

#Trump #ChinaTrade #Tariffs #USChinaRelations #Economy #TradePolicy #Geopolitics #SupplyChain #ToddSheets #OnWealthAndProgress

...more
View all episodesView all episodes
Download on the App Store

On Wealth and ProgressBy Todd