X22 Report

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The [CB] is breaking down, everyday that passes you see how their currency does not go very far and it takes more and more pieces of paper. EU will try to fight back but they will fail. China is now lowering rates, Trump is setting up the Fed. Tariffs are working, companies are hiring and producing. Trump and the patriots are exposing the [DS] System. The system can be explained, it must be experienced. Trump sends message letting the people know that the plan is working and that the patriots are in full control. Trump is in the process of removing the [DS] structure and returning that power back to the people.

 

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Economy

https://twitter.com/KobeissiLetter/status/1919922276860101107

 is now $64,200. In other words, one needs to earn 82% more to buy the median-priced home than to rent the typical apartment. 5 years ago, the gap was just 16% or 5 TIMES lower. Buying a home in the US is a luxury.

EU Set To Tariff $113 Billion In U.S. Goods If Trade Talks Break Down  

The European Union is preparing to impose up to €100 billion ($113 billion) in tariffs on US goods if trade talks fail, according to a new report by Bloomberg this morning.

The draft list of retaliatory measures will be circulated to member states as early as Wednesday, with a one-month consultation period before finalization.

“These import taxes are unjustified and cause economic harm on both sides of the Atlantic,” said EU trade chief Maros Sefcovic. “This situation is not acceptable and we cannot afford to stay idle.”

The EU has already delayed €21 billion in planned tariffs after the US halved its reciprocal duties during ongoing negotiations. Talks, which began in earnest last month, have made little headway.

Source: zerohedge.com

https://twitter.com/WallStreetMav/status/1919999638314397750

https://twitter.com/WallStreetMav/status/1920060036644016392

  the government will make more funds available for firms that provide elder care and other services, as well as for innovations and renovations to factories.

So the EU and now China have cut their rates, Trump building ammo to fire at the fed.

Fed holds rates steady as it remains in wait-and-see mode

Inflation is persistently running above the Fed’s 2% target, the labor market is showing resilience and there’s uncertainty over tariff policies

https://twitter.com/WallStreetApes/status/1919979618368684376

  pressing the Hallmark employee on the phone about this, the employee admits it’s about the “economic climate” (SO A LIE TO MAKE TRUMP LOOK BAD)As she's handing it to me, she said it's because of the tariffs. And I said, okay. So I get into the car and I'm thinking to myself, I was like, a tariff is like a tax on imported goods from outside of the country. So I Google where Hallmark manufacturers their sh*t from and it said Kansas, which is in the United States and I was like, okay, so then I call Hallmark. I said, hey, where do you guys make your ornaments and your cards and all your stuff? And she goes, the majority of our things to my knowledge are made in Kansas.

Everything is here made in the United States.” “Everything is made right here in the United States. I said okay so why are you guys raising the prices and not just on some items right like if you had like one or two items that are made and manufactured in other countries and have it shipped here.

Okay cool tariffs are probably gonna affect that and you raise the prices, okay whatever, this this is a generic list for everything (Hallmark is handing out ...

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Click On Picture To See Larger PictureTrump's tariffs are now taking its toll on the Chinese economy, bank report a profit drop of 1 billion in the first quarter. Chinese companies are now moving to the US. The GDP numbers that were reported do not show the true picture, next quarter everything will adjust and the US will be coming out of the recession that Biden created. The [DS] is losing every step of the way, the more they try to defend the indefensible the worse it gets. The people are waking up and the country is becoming unified. When we vote in the midterms and we take control of the house and senate Trump and We The People will have the power we need to cast out the [DS] players. Market [9] confirmed, justice is coming, Panic in DC.

 

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Economy

https://twitter.com/WallStreetMav/status/1919727595836604436

  States

Chinese Companies Are Moving Their Manufacturing to the U.S. in Order to Avoid Trump’s Tariffs

(DCNF)—A growing wave of Chinese manufacturers are packing up and moving to the United States under the weight of President Donald Trump’s tariffs on Chinese goods.

“The United States accounts for nearly 95% of our orders. It’s not a market we can afford to lose,” Ryan Zhou, who runs a novelty gift business in eastern China, said, as reported by the SCMP. Zhou is opening a new facility in Dallas next month as a result of a 90% tariff on Chinese shipments to the United States.

Zhu Ning, a consultant who advises Chinese firms on overseas expansion, says he’s handled more than 100 relocation inquiries in the last four months alone, a level of interest that was unheard of before Trump’s tariffs kicked in, per the SCMP.

These are not American companies coming back, but they are Chinese companies coming in to the United States for the first time. For years, they undercut American workers by exploiting loopholes and subsidies, leading to an influx of cheap goods and synthetic goods. Now they are scrambling to stay afloat.

Now, Chinese petrochemical firms are starting to plant roots in the United States. Ye Yingmin, the founder of a chemical consulting firm in Beijing, says the United States has become a hotbed of interest for Chinese investment.

“We’re seeing Chinese firms preparing to invest heavily in places like Texas,” Ye told the SCMP. 

Source: libertdaily.com

https://twitter.com/IanJaeger29/status/1919452951984087307

What Recession: Goldman Now Expects Q2 GDP To Surge To 2.4%

 

We didn't have long to wait, and with most banks now quietly revising their economic estimates higher - certainly far more quietly than they were to declare that a recession is imminent - overnight Goldman became the flagbearer (bearing the white flag that is), when Hatzius published a report in which he now anticipates Q2 surging to 2.4% from -0.3%, which would make it higher than the average GDP print reported  since the start of 2022.

Not only that, but when discussing the -0.3% GDP print for Q1, Goldman said that "inventory investment was significantly understated, which means that GDP was significantly understated too." In short, Q1 GDP will be revised positive, and Q2 could push to 3% or higher!

Q1 GDP printed at -0.3% annualized, but frontloading of imports probably significantly understates this number. In theory, frontloading should be neutral because it boosts imports (which enter the calculation of expenditure-side GDP negatively) but raises consumer spending, business fixed investment, and inventory investment (which all enter positively) by an equal ...

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China is having a major problem, the tariffs are now pushing the country into a recession. As time goes on it will get worse and worse for China, in the end they will fold. Trump tariffs are working, more companies are coming to the US. The Fed is trying to push the country into a depression, Trump parallel economy will counter it. The [DS] is have a major problems, they can no longer get intelligence, their funding is being cut off and they are being exposed everyday. Trump is exposing the criminal syndicate to the people and at the same time he is prepping the justices and the prisons for the treasonous people. The [DS] is feeling pain every step of the way because he is telegraphing where they are going to end up. The clock is ticking and Trump and the people are getting ready to strike.

 

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Economy

https://twitter.com/KobeissiLetter/status/1919176972007006406

US Tariffs May Drive China’s Economy Into a Depression, Experts Say

Li, a garment exporter in southern China, said the United States’ steep tariffs have dealt a devastating blow to his business.

The business owner from Guangzhou Province said his orders from the United States “evaporated” as the levies escalated.

Li is not alone. Most Chinese exporters are in the same boat. On social media platforms in China, they discuss their dilemma. A few said they were immune from the impact of U.S. tariffs owing to their irreplaceable products.

These exporters reported that U.S. orders formed the majority of their business—and were the most lucrative. Without the American market, no other region, including Europe, can fill the void.

Beijing will have trouble backing down from its standoff with the United States, he said, because Chinese Communist Party leader Xi Jinping “has clearly created his whole persona around being the leader who can stand up to America.”

Given the irreplaceable nature of the U.S. consumer market in China’s export-driven economy, Martin said, Beijing will “have to make a deal at some point, or this recession does turn into a depression.”

The Chinese regime can probably keep exporters afloat for about six months to a year if it doesn’t resolve the trade war with the United States, Lee projected. 

Since then, total additional U.S. tariffs have risen to 145 percent.

Li’s 100-employee small business used to earn a monthly revenue of more than 1 million yuan  

Another way to avoid tariffs is transshipment—sending products to a third country before they’re shipped to the United States. However, that has also become more difficult. For those who want to establish a facility in Vietnam, the production capacity there is small compared to China’s capacity, the manufacturers said. In addition, the United States has applied a universal 10 percent tariff that is in place for the usual transshipment hubs, including Vietnam and Cambodia.

Social unrest due to the lack of jobs will be another sign of China entering a depression, according to Yeh.

Source: thepochtimes.com

https://twitter.com/RapidResponse47/status/1919046509900751019?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1919046509900751019%7Ctwgr%5Eb289eee4276c652113728469509f6df3011fe193%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fcms.redstate.com%2Fposts%2F2188678

Donald J. Trump@realDonaldTrump

The Movie Industry in America is DYING a very fast death. Other Countries are offering all sorts of incentives to draw our filmmakers and studios away from th...

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The [DS]/[CB] green agenda is falling apart, everything they said the opposite is happening. Another solar company goes belly up. China is trying to skirt the tariffs, this will fail. The tariffs are working, companies are moving back. Trump messages that we are in a transition and soon the people will see the gold. The [DS] is going down the path that trump sent. They are now exposing their infiltration and people can now see the entrenched enemy. Trump and the patriots are playing the game and it had to be this way to show the people the criminal syndicate. Trump has removed the three sides of the triangle and now the old guard is threatened.

 

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Economy

https://twitter.com/KanekoaTheGreat/status/1918915519245381969

 approximately 108 gigatons per year.

https://twitter.com/TheCalvinCooli1/status/1918390219939934430

https://twitter.com/Rickster_75/status/1918331034493698275

TAKE A LISTEN

 

European Union To Ban Anonymous Crypto & Privacy Tokens By 2027

 

The European Union is set to impose sweeping Anti-Money Laundering (AML) rules that will ban privacy-preserving tokens and anonymous cryptocurrency accounts from 2027.

Under the new Anti-Money Laundering Regulation (AMLR), credit institutions, financial institutions and crypto asset service providers (CASPs) will be prohibited from maintaining anonymous accounts or handling privacy-preserving cryptocurrencies, such as Monero and Zcash.

“Article 79 of the AMLR establishes strict prohibitions on anonymous accounts [...]. Credit institutions, financial institutions, and crypto-asset service providers are prohibited from maintaining anonymous accounts,” according to the AML Handbook, published by European Crypto Initiative (EUCI).

 

The regulation is part of a broader AML framework that includes bank and payment accounts, passbooks and safe-deposit boxes, “crypto-asset accounts allowing anonymisation of transactions,” and “accounts using anonymity-enhancing coins.”

Source: zerohedge.com

https://twitter.com/KobeissiLetter/status/1919013699873821077

  see a CEO with such a historic run again?

https://twitter.com/KanekoaTheGreat/status/1918490939531657501

 in homelessness. And they still called it "the best economy ever."

China Reroutes Targeted Goods to Friendly North American Partner to Avoid Tariffs

As if on cue, a short article from the Chamber of Shipping notes that cargo from China is being rerouted to avoid tariffs.

The destination of the cargo is,   CANADA!

USCoS –  experts caution that prolonged storage costs—estimated at $1,750 per container per week—and limited warehouse capacity could force sellers to offload discounted goods into the Canadian market, potentially disrupting domestic manufacturing. Others warn the strategy is risky and unsustainable, especially if the trade conflict drags into next year’s U.S.-Mexico-Canada Agreement negotiations. (link)

This will not end well….

… For Canada.

Source: theconservativetreehouse.com

When Americans' clothes were made in America

U.S. Trade Representative posts shocking chart showing percentage of onshore manufacturing

The post reads: "Reviving apparel production in America is not a pipe dream. It was not that long ago we were manufacturing 56% of U.S. apparel in America. 'Made in America' is an economic and national security priority of this administration."

"@POTUS' trade actions are ushering in a reshoring renaissance as companies pledge billions of dollars to e...

Clay is the creator and owner of ThriveTimeShow. Clay Clark and Eric Trump are teaming up to teach main street entrepreneurs how to grow their businesses and be triumphant! The conversation begins with Clay explaining why Eric and himself decided to put this seminar together. They want the new economy to grow with new businesses and they want to teach people how to create their own business. The country was born on people creating new business ventures and now it’s time to do it again. The [CB] control over the people is coming to and end and the new financial dawn is upon us.

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Click On Picture To See Larger PictureThe patriots are reversing the green new scam bills that Biden put into place. Soon it will be like the green new scam didn't even exist. Trump tricked the fake news with market. Bessent is now forcing the Feds hand to lower rates, by using facts. The fake news/[CB] is now trapped, soon the people will see the power of tariffs. The [DS] is using everything they have to stop Trump, in the process it is waking up more and more people and exposing the criminal system. The FBI under Kash Patel is now dismantling the child trafficking and pedo rings. Each agency is cleaning house and investigating certain individuals. Did Kash send a message with the #9 or it just a coincidence. Who does the arrests?

 

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Economy

‘Unjustified Burdens’: Senate Passes Resolution To Repeal Biden-Era Appliance Rule

The Senate passed a joint resolution to repeal a Department of Energy (DOE) appliance standard on Wednesday by a margin of 52-46, further advancing the roll-back of Biden-era green energy regulations on household appliances.

Republican Georgia Rep. Andrew Clyde is the lead sponsor of the joint resolution of disapproval H.J. Res. 42, which aims to nullify a rule issued by the DOE on October 9, 2024 under former President Joe Biden which added new efficiency and reporting regulations for appliances such as dishwashers, washing machines and AC units. Sen. Jon Husted forwarded the resolution to the House, where it passed on March 5 on a bipartisan vote. 

“I am hereby instructing Secretary Lee Zeldin to immediately go back to my Environmental Orders, which were terminated by Crooked Joe Biden, on Water Standards and Flow pertaining to SINKS, SHOWERS, TOILETS, WASHING MACHINES, DISHWASHERS, etc., and to likewise go back to the common sense standards on LIGHTBULBS, that were put in place by the Trump Administration, but terminated by Crooked Joe,” President Donald Trump wrote in a Truth Social post on February 11. “I look forward to signing these Orders. THANK YOU!!!”

Source: dailycaller.com

https://twitter.com/unusual_whales/status/1917931259642429539

Following Massive Surge in First Quarter USA Purchases, Chinese Manufacturing Output Now Drops in Second Quarter

 Remember, the Bureau of Economic Analysis (BEA) of the first quarter is a hindsight review. Meaning the information released today was based on activity in January, February and March 2025.U.S. companies surged the purchasing of import goods, mostly from China, by more than 50% in the first quarter. They were/are building inventory. So, what happens in China starting in April?

Hong Kong, CNN –  

The U.S. has front-loaded the inventory. So, orders to China drop now. It’s a natural outcome.

We have purchased goods in advance. So, orders to China drop. As a result, the cargo shipments from China to the USA drop in April, May and June.

It’s not that U.S. consumers don’t have the product to purchase; the reality is the product is already here, awaiting purchase.

 to retain an oppositional perspective toward Donald Trump, the media narrative will not look back at the 50% surge in first quarter purchases; they will only look at the severe drop in second-quarter orders.

With less being ordered, the media will now say the Trump tariffs are hurting consumers, deliveries to ports are substantially less, without ever mentioning the products are already here.

On the upside, there will be a massive rebound in Second Quarter GDP as the imports have dropped; meaning there is less to deduct. However,

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The Spain, Portugal and France blackout caused by green energy. The [CB] will try to force empty shelves and try to convince the people that it's Trump, this will fail. Retailers have been preparing and other nations will fill the gap. The fake news is pushing a recession, the numbers tell another story. Banks will be obsolete. Think Andrew Jackson. The [DS] players are now being held accountable for election interference. This is just the beginning, the narrative will continue until Trump and team shows how they over-through the US Gov and duly elected President in 2020. Trump has the [DS] exactly where he wants them and they are getting weaker and weaker.

 

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Economy

https://twitter.com/goddeketal/status/1917219854861451569

EU Admits It’s Stuck Under US Tech Giants’ Thumb

 The European Union has admitted that it cannot break free from the dominance of US tech companies, Politico reported on Wednesday, citing the draft of the International Digital Strategy for Europe set to be released in June.

Brussels has reportedly admitted that freeing itself from the dominance of US tech companies is unrealistic, and that "cooperation will remain significant across the technological value chain."

EU states remain dependent on US tech companies, and US President Donald Trump's stance on Europe has the bloc fearing for its sovereignty in global technologies, including social media and cloud services. Another concern is linked to the ability of US law enforcement bodies to get access to data processed by Amazon, Microsoft and Google, the paper said.

The draft of the strategy also signals that the EU has very few fresh ideas that may help Europe become an important player in the global technology field, the paper added.

Source: sputnick.com

https://twitter.com/SchmittNYC/status/1917224051191304619

BINGO – Longshoreman Union Announce Opposition to President Trump’s Tariff Program

  “The International Longshore and Warehouse Union (ILWU) unequivocally condemns the recent tariffs that the Trump administration has imposed.”

[SOURCE]

All these moves are so transparently political, it almost makes you laugh.  However, that said, we are now in a better position to understand exactly how the Democrats and Deep State operatives will weaponize the supply chain along with their union orcs.

In the next phase of the anti-Trump tariff agenda, approximately 3 months from now it will begin, we will see/hear a constant drumbeat of empty shelves, missing parts and missing products.  Whether factually true, or whether the shortages are an outcome of a strategy by the ILWA to assist the shortage narrative, the overall objective will be to blame President Trump for everything from shortages of medicine to shortages of parts to fix, repair or maintain consumer products.

Source: theconservativetreehouse.com

https://twitter.com/KobeissiLetter/status/1917263959108862343

Trump to Sign Executive Order Providing Automakers Tariff Relief

President Donald Trump will sign an executive order on Tuesday relaxing some of his 25% tariffs on autos and auto parts.

The directive is the result of conversations directly with domestic auto manufacturers, a senior Commerce Department official said on a call with reporters.

 

The administration will offer automakers that finish their vehicles domestically a 15% offset of the cost of the tariffs. Automakers can choose how to allocate the offset.

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Click On Picture To See Larger PictureCanada elected Carney, this was expected. Now Canada is going to head in the opposite direction of the US, it will enter a recession. Trump trapped Canada into renegotiating the USMCA. Bessent reveals the plan to bring back manufactures and says that tariffs will replace income tax. The [DS] is losing ground every step of the way. The agencies are now being cleaned out, the FBI has now confirmed that those within the agency are being given a lie detector test. Trump has now shutdown the [DS] payment system making it much more difficult to launder money. The [DS] is almost out of power, when Trump has them so weak he will attack. The WH put out a message, flyeaglesfly which refers to Bill Clinton. Will the Clinton's be on the run in the end?

 

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Economy

https://twitter.com/EndWokeness/status/1917044090094412224

Carney is moving forward with the green deal and the great reset, watch Canada implode. 

How the NAFTA/USMCA 2025 Review Underpins President Trump Remarks on Canada

Only President Trump could get the Canadians to vote for an exit to the USMCA, and he did it brilliantly.

To understand President Trump’s position on Canada, you have to go back to the 2016 election and President Trump’s position on the NAFTA renegotiation.  If you did not follow the subsequent USMCA process, this might be the ah-ha moment you need to understand Trump’s strategy.

During the 2016 election President Trump repeatedly said he wanted to renegotiate NAFTA, the North American Free Trade Agreement.  Both Canada and Mexico were reluctant to open the trade agreement to revision, but ultimately President Trump had the authority and support from an election victory to do exactly that.

In order to understand the issue, you must remember President Trump, Commerce Secretary Wilbur Ross and U.S. Trade Representative Robert Lighthizer each agreed the NAFTA agreement was fraught with problems and was best addressed by scrapping it and creating two seperate bilateral trade agreements. One between the USA and Mexico, and one between the USA and Canada.

In the decades that preceded the 2017 push to redo the trade pact, Canada had restructured their economy to: (1) align with progressive climate change; and (2) take advantage of the NAFTA loophole.  The Canadian government did not want to reengage in a new trade agreement.

Canada has deindustrialized much of their manufacturing base to support the ‘environmental’ aspirations of their progressive politicians.  Instead, Canada became an importer of component goods where companies then assembled those imports into finished products to enter the U.S. market without tariffs.  Working with Chinese manufacturing companies, Canada exploited the NAFTA loophole.

Justin Trudeau was strongly against renegotiating NAFTA, and stated he and Chrystia Freeland would not support reopening the trade agreement.  President Trump didn’t care about the position of Canada and was going forward.  Trudeau said he would not support it.  Trump focused on the first bilateral trade agreement with Mexico.

When the U.S. and Mexico had agreed to terms of the new trade deal and 80% of the agreement was finished, representatives from the U.S. Chamber of Commerce informed Trudeau that his position was weak and if the U.S. and Mexico inked their deal, Canada would be shut out.

The key points to remember are: (1) Trump, Ross and Lighthizer would prefer two separate bilateral trade agreements because the U.S. import/export dynamic was entirely different between Mexico and Canada.

Bob is the created and owner of Trade Genius Academy. Bob also does a podcast on YouTube which is called Trade Genius. Bob begins the conversation talking about how Germany is going to block out the sun, which means solar power will not work they way they said it will to power the country. Gold and Bitcoin are making moves as the fiat currency implodes on itself. Oil is going to come down to counter the tariff temp price increase, but when the temp price increase is gone because companies are paying for it people are going to see prices come down. In the end the Federal Reserve will be insignificant.

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Click On Picture To See Larger PictureTrump sends a message to the Canadian people, letting them know that when they are done with Carney you can become the 51st state. Students now have to pay back their loans. [CB] panic. [CB] pushing fake news to bring down the economy, big fail. Gold/Bitcoin is shining bright, the Fed is becoming irrelevant. This is the [DS] last stand, Trump and the team are making them so desperate that they are committing treason and sedition. Trump is now calling for the arrest of those who used the autopen. Follow the pen which will lead everyone to who is financing the entire operation. In the end the people are going to see the truth and once this happens the game is over.

 

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Economy

  BORDER. ALL POSITIVES WITH NO NEGATIVES. IT WAS MEANT TO BE! America can no longer subsidize Canada with the Hundreds of Billions of Dollars a year that we have been spending in the past. It makes no sense unless Canada is a State!

https://twitter.com/unusual_whales/status/1916719273407627329

 isn't going to be any loan forgiveness program."

https://twitter.com/WallStreetApes/status/1916824047771373804

“Trump is an economic terrorist” says ex-central bank president

 

The former head of the Dutch central bank, Nout Wellink, has called US president Donald Trump an “economic and political terrorist” for unleashing a trade war with China and pivoting towards Russia over its invasion of Ukraine.

“The Chinese have been preparing methodically,” Wellink said. “Actually they were already doing so when I was working there.

“They’ve been diverting trade flows away from America. They’re aware that technology is going to be cut off and they’ll have to develop their own.” .

Source www.dutchnews.nl

Trump Trade War Update: Firm Predicts 'Empty Shelves' And Recession By June 

 

Apollo Global Management Chief Economist Torsten Slok on Sunday released a report outlining the timeline for Trump's tariffs to result in empty shelves, layoffs in the trucking and retail sector and a recession this summer.

Trump announced his "liberation day" tariffs on April 2 and it takes about 20-40 days for container ships to sail to the U.S. from China, according to Apollo. Slok estimates that container ships coming to U.S. ports could come to a stop by mid May.

It then takes about 1-10 days of transit time for trucking/rail to bring goods from the ports to cities. Apollo Global Management predicts that my late May domestic freight demand will "come to a halt" and that there will be "empty shelves" with companies responding "to lower sales."

By early June, Slok forecasts there will be layoffs in the the domestic freight and retail industries with a recession hitting the U.S. this summer.

Source: ibd.com

White House says Trump would veto effort to eliminate 'Liberation Day' tariffs

 

The Trump administration issued a formal veto threat Monday morning regarding a bipartisan resolution that would terminate the president's emergency powers underpinning his sweeping global tariffs.

The Senate is set to vote as early as this week on a resolution to rescind Trump's national emergency declaration justifying the imposition of broad tariffs on imported goods. The White House Office of Management and Budget (OMB) said the president would veto the resolution in the event the resolution makes it to his desk, according to a statement of administration policy exclusively obtained by the Daily Caller News Foundation.

"There can be no doubt that S.J. Res.