The Panama Canal, Greenland, and Trump 2.0 | Andrew Korybko

Trump threatened that the US might retake control of the Panama Canal if it remains under indirect partial Chinese management and continues to charge the US what he described as exorbitant rates for passage. He then posted shortly after that, "For purposes of National Security and Freedom throughout the World, the United States of America feels that the ownership and control of Greenland is an absolute necessity." Both are his for the taking if he really wants them, but it’s unclear whether he does.

 » Available for Trump to claim if he truly desires. «

As regards the Panama Canal, Trump's immediate imperative appears to be rolling back Chinese influence over this crucial waterway, which he seemingly fears could be leveraged by the People's Republic to cut the US off from transoceanic shipment in the event of a crisis over Taiwan. He might also want to coerce Panama into shutting down illegal migrant routes to the US via the Darien Gap. Both are sensible from the perspective of his MAGA worldview that aims to restore the US' unipolar hegemony.

His objectives in Greenland might be similar in the sense of ensuring that Chinese companies don't obtain a monopoly over that island's critical mineral reserves as well as preventing the construction of "dual-use infrastructure" that might one day give Beijing military and intelligence advantages. Direct control over sparsely populated and practically undefended Greenland, which formally remains part of Denmark, is seen as the most effective means to that end.

 

  » A monopoly over the island's critical mineral reserves. «

Trump's threat to the Panama Canal and his claim to Greenland are also likely meant to appeal to his supporters' expectations that he'll "Make America Great Again" in a visible geopolitical way. Even if he doesn't impose formal US control over them, expelling Chinese influence from both and replacing it with US economic influence could be enough to satiate them. This could also solidify his legacy and lay the basis for his successor, who'd probably be JD Vance, to establish formal control sometime later.

 

» Turn Mexico into an economic vassal to replace China in the supply chain. «

Both are Trump's for the taking if he really wants them since neither could meaningfully oppose the US military if he authorizes an invasion. They'd be low-cost operations with high economic and political returns even though they'd occur at the expense of the US' international reputation. The global community would predictably decry them as imperialist invasions, but nobody would stand in the US' way nor sanction it afterwards. The most that might follow is harsh rhetoric, nothing more substantive.

 

Quoted from:

Andrew Korybko (December 23, 2024) - The Panama Canal and Greenland available for Trump to claim if he truly desires them. 

See also:

Lu Qiyuan (December 8, 2024) - Scott Bessent's Covert MAGA Strategy for Trump 2.0. 

 Pepe Escobar (November 28, 2024) - Trump’s Coming War on BRICS and the Global South.

TPR (November 15, 2024) - US Greenland 2029: Congressman Collins' Map Rekindles Trump's Dream.

Scott Bessent's Covert MAGA Strategy for Trump 2.0 | Lu Qiyuan

Many people believe Trump 2.0 will be a 'peaceful' presidency, but I think they are mistaken. If war becomes the best option to overcome the US crisis, Donald Trump will not shy away from further conflict. Trump and his team are determined to maintain US dominance on the global stage as an empire—nothing has changed in that regard. While some may hope for the decline of the US empire, and I can understand that sentiment, the following isn't about whether the US should or shouldn't remain an empire. It's about how the Trump 2.0 administration is attempting to salvage the situation.

 

 Lu Qiyuan, Geopolitical Economist.

Through Elon Musk, Trump will aim to reform and abolish much of the federal bureaucracy, including challenging some of the core interests of the military-industrial complex. If he succeeds, it could shatter the entire establishment system, including the massive oligarchy operating behind it, particularly in the pharmaceutical and military sectors. However, the question remains: Can Elon Musk and his new department, DOGE, accomplish this goal? Honestly, I don't think he can. To make America great again (MAGA), there are three things the United States and its leadership must avoid:

• The collapse of the US military: To prevent the US military from collapsing, significant reform is necessary. As it stands, the US military is only capable of operating at the battalion level and is no longer able to challenge a major power in large-scale conventional warfare. While US combat tactics and intelligence networks remain the best in the world, the country’s conventional forces—including the Army, Navy, and Air Force—are falling behind. The US still holds an upper hand over smaller or medium-sized countries, but in conventional warfare with a major power, the military would stand little chance. If this situation persists for another five years, the US will be unable to challenge even medium-sized nations. The military’s strength today lies in special forces, covert operations, and tactics like assassination—but in terms of large-scale warfare, as seen in Ukraine, the US is no longer capable of handling such conflicts. This is a serious issue. The US military cannot collapse; it is a basic requirement for maintaining a global hegemonic empire. Over time, parts of the military have been privatized, but these private forces are unlikely to match the capabilities of groups like Russia’s Wagner, and their loyalty could be questionable. This privatization has left the US military in a fragile state.
• The collapse of the US dollar: To stabilize the US dollar, the US must address its looming debt crisis and budget deficit. At $40 trillion in federal debt, the US is approaching a dangerous threshold—a breaking point after which the dollar could face a severe collapse. This wouldn't necessarily mean a collapse against other currencies, but rather a collapse in value relative to assets like Bitcoin, gold, or other key commodities. This is a critical issue that cannot be postponed. The US needs to begin addressing this problem by 2025 and show clear results by 2026.
• The collapse of US capital markets: The US capital market is a key pillar supporting the US empire. To prevent its collapse, the US must achieve a degree of reindustrialization. Currently, the capital market is one of the few remaining supports for the US dollar itself.

But let’s now turn to Scott Bessent, whom Trump has chosen as his Treasury Secretary. To me, Bessent is the real gladiator behind Trump 2.0, not Elon Musk. I believe Bessent is one of the most important members of Trump’s Cabinet, and his role will be crucial in keeping the US empire alive. So, when Scott Bessent enters the Trump Cabinet, we can be sure that Trump’s ultimate support still comes from the same old force, because Bessent is one of the most powerful champions of the US establishment deep state.

 

» Bessent is one of the most powerful champions of the US deep state. «

 

Bessent is extremely intelligent and capable. Many are confused about George Soros' financial attacks around the world, including his famous campaign against the British pound in 1997. The truth is, it wasn’t Soros who was the main architect behind that; it was Bessent. Soros became famous because of Bessent, not the other way around. Bessent’s capabilities go beyond what most people can imagine. He possesses a deep understanding of monetary, currency, and financial systems—and, more importantly, he has real-world combat experience in financial warfare. He is a genius. But like everyone, Bessent also has his flaws. People like him, who are highly capable and self-confident, often don’t hide their moves or intentions. He has outlined the following four main goals for the Trump 2.0 administration:

1. The US budget deficit must remain within 3%.  
2. The US GDP growth must exceed 3%.  
3. The US crude oil production must increase by 3 million barrels per day.

4. The US must turn Mexico into an economic vassal to replace China in their supply chain.

Let me offer my prediction: In terms of US debt control, Scott Bessent suggests that the federal deficit needs to be limited to around $1 trillion for fiscal year 2025. This is nearly an impossible task. According to my calculations, US debt will reach $40 trillion by the end of the third quarter of 2025. Achieving this goal would require drastic cuts to federal spending, and I don’t believe Elon Musk has the ability to accomplish that. The US federal government simply won’t be able to generate enough revenue in time to cover the deficit. If the goal is to increase state revenue, the only way would be to militarize the entire country—which is not only nearly impossible, but something I would strongly advise against.

As for the 3% annual GDP growth goal: I believe it is achievable. Given Bessent’s capabilities, I think he could reach this target by maintaining a capital accumulation rate above 6%.

 

» You know what I did? I left troops in Syria to take the oil. I took the oil. «
Donald Trump in a January 2020 interview on Fox News.

Now, let’s focus on the goal of increasing crude oil production by 3 million barrels per day in the US: This is one of the clearest indicators of Trump 2.0’s strategy. But why 3 million barrels? Why this specific number? This is not a random figure. Do you know how much OPEC is reducing its production? Exactly 3 million barrels. Saudi Arabia has cut production by 1 million barrels, Russia by nearly 1 million barrels, and the remaining reductions add up to roughly 3 million barrels. So, while OPEC is cutting production by 3 million barrels, the US is increasing its production by the same amount.

Do you think Scott Bessent wants oil prices to fall? To crash? Maybe down to $20 a barrel? Do you think the energy giants would be happy with that? No, they would be furious because the cost of production in the US is around $30 a barrel. Do you think Bessent hasn’t thought about this? Of course, he has. He likely predicts, just as I do, that oil prices could rise to $150 a barrel. That’s why I said Bessent shouldn’t have made these statements public—they act as a warning signal about a potential US military operation. It suggests that the US might be preparing to take action against Iran and, in doing so, potentially shut down the entire Persian Gulf. That’s why Bessent wants to increase US crude oil production by 3 million barrels.

 

 

» When I left in 2021, Venezuela was ready to collapse. We would have taken it over. 

We would have gotten all that oil. It would have been right next door. But now we're buying it. «

Donald Trump, June 10, 2023.

For those who don’t understand the logic behind this, there’s a fundamental principle of supply and demand in the oil market: When OPEC reduces production, it typically signals a slight decrease in demand. However, when supply drops dramatically—such as due to war—prices can skyrocket, often exponentially rather than linearly. The US, as one of the few remaining major oil producers, stands to benefit from a major conflict in the Persian Gulf. With countries like Russia and Venezuela under heavy sanctions, the US could potentially monopolize oil prices, using this leverage to strengthen the US dollar against other currencies. This is essentially the same strategy the US employed in the Ukraine conflict, where by provoking the war and cutting off Russia’s energy supply to Europe, the US launched an attack on both the euro and the ruble.

 

 » Mexico is gonna have to straighten it out really fast, or the answer is absolutely. «

Donald Trump, November 25, 2024.

Scott Bessent, normally an extremely capable strategist, shouldn’t have revealed these goals so early, as doing so gives countries like China the chance to prepare and implement countermeasures. His statements now serve as a warning signal to world leaders about what’s to come and suggest that it is less likely the US will directly provoke a proxy war targeting China. During the anticipated surge in oil prices, the US could successfully collapse the euro, the Japanese yen, and the British pound, helping Scott Bessent achieve his goal. 

 

 

» Trump suggested missile strikes into Mexico against drug cartels. «
Mark Esper, Secretary of Defense in the first Trump administration, May 6, 2022.

On top of that, there's an additional strategy: The US could swiftly vassalize Mexico, rapidly industrialize it, and use it to complete a North American internal economic circulation. This would be the only way the US could successfully reindustrialize. Essentially, the US would turn Mexico into an economic vassal, replacing China in its supply chain. In fact, the most direct and simplest way for the US to reindustrialize would be to militarily occupy Mexico and use it as a substitute for China in its economic system.

Reference:
Awakening Richard (December 6, 2024) - Top Chinese Economist Exposes US Secret Plan. (video)

 

See also:

Pepe Escobar (November 28, 2024) - Trump’s Coming War on BRICS and the Global South.

Dmitry Skvortsov (November 25, 2024) - Trump's Plan to Ruin China.

 Francisco José Fernández-Cruz Sequera (October 30, 2024) - Global MAGA-nomics.

 Serge Bernard (2015) - From Conquest to Affluence to Collapse: The 250 Year Empire Life Cycle.

Due to 'Mega Forces': No More Bust, Only Boom | BlackRock Outlook 2025

In its 2025 Global Outlook, BlackRock states that the global economy has moved beyond the cycle of 'boom and bust,' driven by a fundamental shift fueled by the rise of "mega forces." BlackRock argues that the world economy is currently undergoing a transformation shaped by five new "mega forces:" (1.) the transition to net-zero carbon emissions, (2.) geopolitical fragmentation, (3.) demographic changes, (4.) the digitization of finance, and (5.) AI.

 Finally, a world forever rosy: No more bust, only boom.

BlackRock, which oversees $11.5 trillion in assets, believes that this "economic transformation" has broken the global economy free from "historical trends" that have seen markets cycle through boom and bust for centuries. "Mega forces are reshaping economies and their long-term trajectories—it's no longer about short-term fluctuations in activity leading to expansion or recession. [...] 2024 has reinforced our view that we are not in a business cycle: AI has been a major market driver, inflation fell without a growth slowdown, and typical recession signals failed." BlackRock anticipates that stocks will benefit from this ongoing global transformation, which will require massive investments from capital markets, potentially rivaling the investments seen during the Industrial Revolution of the 19th and 20th centuries.

If Schumpeter knew: Economy now free of cycles.

 

As a result, BlackRock suggests investors should rethink their strategies, focusing on long-term opportunities, such as capitalizing on the infrastructure needed for this emerging future. "We think investors should focus more on themes and less on broad asset classes as mega forces reshape whole economies. [...] Infrastructure is at the intersection of mega forces—like AI. The AI buildout is creating a huge and immediate need for data centers. Demand for new-build green infrastructure is skyrocketing as countries and tech companies race to reduce emissions."

In the short term, BlackRock expects US stocks to continue their rally in 2025, in line with trends showing US companies outpacing global competitors over the last decade. "We see the US still standing out versus other developed markets due to stronger growth and its ability to better capitalize on mega forces. We’re increasing our overweight position in US equities and expect the AI theme to broaden." A positive US economic growth outlook for 2025, combined with Donald Trump’s tax cuts and deregulatory initiatives, could further boost the prospects for US stocks.

Meanwhile, US-China tensions are expected to intensify competition for resources, such as "copper," as both nations vie for a competitive edge in AI. New import tariffs imposed by Trump could exacerbate the situation. BlackRock also points to aging global populations, which are likely to push up labor costs and keep inflation high, a trend that could be worsened by potential new limits on immigration introduced by Trump.

Reference:
BlackRock Investment Institute (December 4, 2024) - 2025 Global Outlook. Building the transformation.

South Korea: The Sad Chronicles of a US Vassal State

South Korean President Yoon Suk-yeol declared martial law on December 3, 2024. Lawmakers voted against the move, and protesters gathered outside parliament. Yoon framed the declaration as "rooting out pro-North Korean forces", but it was strongly opposed by the parliamentary speaker and even Han Dong-hoon, leader of Yoon's own party, who has clashed with the president over recent scandals. Self-coup, martial law, dictatorship? Megalomania, nut-case, loony bin? Will we hear cries from the US State Department about human rights, democracy, and sanctions, or will they remain silent since South Korea (ROK) is the best-controlled and most diligent US vassal state in Asia, still occupied since 1945 by more than 24,000 US combat troops? South Korea doesn’t even command its own military; the Pentagon does. The American occupation regime systematically destroyed traditional Korean culture and identity. Today, the country is trapped in a death spiral, with the lowest fertility rate in Asia, 350,000 abortions annually, and the highest suicide rate in the world.

 

South Korean President Yoon Suk-yeol's approval rating 

fell to a mere 19% just days before he declared martial law.

 

Maximum dishonor, submission, and degeneracy:
Yoon sings 'American Pie' at Biden's April 2023 state dinner.

 

» Martial law, to root out pro-North Korean forces. «

 

To better understand the realities in South Korea, the following list provides a brief overview of the political turmoil and challenges faced by South Koreans under US occupation since 1948:

1. Lee Seung-man (1948-1960) – The first president of South Korea; overthrown after student protests and widespread unrest.  
2. Yun Bo-seon (1960-1962) – The second president, whose term ended after a military coup.  
3. Park Chung-hee (1962-1979) – Seized power in a 1961 coup and ruled until his assassination in 1979.  
4. Choi Kyu-hah (1979-1980) – Served as president after Park’s death but was deposed by a military coup led by Chun Doo-hwan.  
5. Chun Doo-hwan (1981-1988) – Came to power through a coup, later sentenced to death (commuted to life imprisonment) after his presidency.  
6. Roh Tae-woo (1988-1993) – Former military leader and Chun’s ally, later convicted of corruption and sentenced to prison.  
7. Kim Young-sam (1993-1998) – The first civilian president in decades, he pushed for democratic reforms and prosecuted former military leaders.  
8. Kim Dae-jung (1998-2003) – A former pro-democracy activist who won the Nobel Peace Prize for his policy towards North Korea; was imprisoned and sentenced to death before becoming president.
9. Roh Moo-hyun (2003-2008) – Impeached (later reinstated), faced corruption investigations after his presidency, and tragically committed suicide.  
10. Lee Myung-bak (2008-2013) – Former businessman, arrested after his presidency on corruption charges and is serving a sentence.  
11. Park Geun-hye (2013-2016) – South Korea's first female president, impeached over a corruption scandal, and sentenced to 24 years in prison.  
12. Moon Jae-in (2017-2022) – Elected after Park’s impeachment, a former human rights lawyer who focused on engagement with North Korea and domestic reforms.  
13. Yoon Suk-yeol (2022-present) – Ran on a hardline stance on North Korea, accuses the main opposition party of sympathizing with North Korea and declared martial law on December 3, 2024, "to root out pro-North Korean forces".

   

» He can’t even do martial law properly.«

Kim Jong-un, Supreme Leader of the Democratic People's Republic of Korea (DPRK).

Trump’s Coming War on BRICS and the Global South | Pepe Escobar

The incoming Trump 2.0 administration is expected to intensify US economic and geopolitical strategies against BRICS and their growing global network. Trump's actions will likely resemble earlier colonial approaches, involving covert regime-change operations, military pressure and intervention, and economic incentives to undermine BRICS and protect US control over resources such as oil and rare earth minerals. The goal is to prevent the new, multipolar world order that reduces US hegemony. This will shape US-BRICS relations and have significant implications for the entire Global South. 

 

Trump's swampy 'realist' approach to international relations contrasts with Biden's 'liberal' approach, primarily in that Trump openly defines the national interest as global, full-spectrum American military and economic dominance, asserting that all wars, sanctions, tariffs, and 'great deals' benefiting his donor class and billionaire peers would also be acceptable to his MAGA crowd of 'hard-working Americans.'  

 

 Goodbye, America. The cheating game of YOU counterfeiters is over.

His administration will aim to sanction any country bypassing the US dollar in trade, targeting the de-dollarization trend supported by BRICS. The de-dollarization movement, gaining momentum, challenges US financial dominance, with BRICS countries increasingly using national currencies and the Petroyuan, and exploring alternative payment systems. 

Marco Rubio will attempt to overthrow the governments

of Cuba, Venezuela, and Bolivia and seize control of their resources.

 

One of the major risks of a Trump 2.0 administration will be the attempt to destabilize the growing connectivity corridors across Eurasia, which are crucial for the strategic partnerships between Russia, China, India, and Iran. These corridors are part of two key axes: a horizontal one spanning across the Heartland from China to the West, including Central Asia, West Asia, and potentially extending to Europe (BRI), and a North-South axis connecting Russia, Iran, and India through the International North-South Transport Corridor (INSTC). This development is critical to Eurasian integration. 

 

» We will coup whoever we want! Deal with it. «

 

As the United States observes these emerging networks, and it sees its influence in Eurasia waning, particularly as BRICS and associated countries assert themselves. In the long term, this shift threatens America's presence and influence, not only in Eurasia but also in Africa. Africa and Latin America remain more complex due to entrenched regimes and comprador elites that support US interests. Overall, this represents a broader bipartisan struggle by Washington against the integration of Eurasia and the Global South, which undermines the unipolar world order that the US has historically maintained.

Trump’s Coming War on BRICS — Pepe Escobar, November 28, 2024.

 

In Latin America, Venezuela, a quasi BRICS country, economically aligned with China, Russia, Türkiye, and Iran, remains a major obsession for the US, which is expected to escalate sanctions and covert actions to oust the Maduro government in order to gain access to the world's largest reserves of hydrocarbons, to gold, bauxite, iron ore, uranium, diamonds, and rare earth elements. Bolivia, which has the world's largest lithium reserves and is rich in natural gas, tin, silver, and copper, will be treated in a similar fashion by the US. Washington think tanks still consider Brazil a 'swing state,' and controlling the policies of South America's industrial giant remains central to US efforts to limit and sabotage BRICS in the region.

 

 Spotted in Caracas, October 2024.

 

However, in recent years, US attempts at assassinations, regime change, maximum pressure sanctions, hybrid wars of all sorts, and the installation of puppet leaders like Jeanine Áñez, Juan Guaidó, María Corina Machado, and Edmundo González have become increasingly unsuccessful (with Javier Milei or Daniel Noboa appearing more as temporary exceptions). And China, Russia, and Iran will not simply allow Venezuela being looted by Trump, Musk, Rubio, Prince, and other swamp creatures from South Florida.

 

» Facts have proven that the US is the biggest source of chaos in the international system [...] From Afghanistan to Iraq, 

from Ukraine to Gaza, all these crises and conflicts are the result of the self-serving double standards of the US. « 

— Jing Jianfeng, Lieutenant General of China’s People’s Liberation Army, Singapore, June 16, 2024.

 

Saudi Arabia's shift toward full BRICS membership would mark a major change in global financial power. Trump will likely apply diplomatic pressure or sanctions such as asset-freezing to prevent this, as US influence over global oil markets is already diminishing rapidly. Africa will see intensified efforts to counter mainly China’s and Russia’s investments in infrastructure and energy. Also, Trump will likely increase sanctions and, eventually, together with the French and the British, support destabilization, e.g., by terrorist jihadis, as well as blackmail, assassination, and regime-change tactics to prevent further integration of African nations with BRICS.

 

» The US is at war with the rest of the world [...] the war in Syria is a microcosm of World War 3  through proxies. «
— Syrian President Bashar Al-Assad, November 28, 2024.

 

See also:
Dmitry Skvortsov (November 25, 2024) - Trump's Plan to Ruin China.

 Scott Ritter (November 3, 2024) - The United States Exists for War.

Martin Armstrong (October 31, 2024) - BRICS Will Not Kill the Dollar—War Will.

Francisco José Fernández-Cruz Sequera (October 30, 2024) - Global MAGA-nomics. 

Jin Canrong (October 3, 2024) - The US-China Competition in Southeast Asia.
Viktor Orbán (August 28, 2024) - Facing Global System Change.

MFA of the People's Republic of China (February 20, 2023) - The US' Military Hegemony: Wanton Use of Force.

Trump's Plan to Ruin China │ Dmitry Skvortsov

Losses in the hundreds of billions of dollars may await China in the coming months – and it’s all because of a document that has just been adopted in the United States. Now, everything depends on the decision of the next White House administration and Donald Trump personally. What is at stake, and how does Trump want to squeeze China out of the American market?

Global MAGA-nomics ahead.

The U.S. China Economic and Security Review Commission (USCC) recommended stripping China of its Permanent Normal Trade Relations (PNTR) status. This move is intended to facilitate the introduction of the trade tariffs promised by Trump on Chinese goods. This is the first time that the USCC, in its annual report to Congress, has openly called for an end to a policy that has been a cornerstone of China’s economic rise over recent decades. In 2022, the Commission had proposed to Congress to temporarily suspend China's PNTR status if the U.S. Trade Representative determined that Beijing had failed to meet its World Trade Organization (WTO) obligations regarding market access.

The PNTR status was approved by Congress for China in 2000 in exchange for Beijing’s agreement to open its markets and liberalize trade practices before joining the WTO. This status obligates Washington to apply the same basic tariffs and privileges to Chinese goods as it does to most of its trade partners, in accordance with U.S. commitments under the WTO. It was also in October 2000 that Congress created the independent USCC, composed of 12 commissioners appointed by Congress. Its role was to monitor U.S.-China relations in trade and security and to provide annual reports to U.S. lawmakers on these issues.

 

  » In China, Tom Cotton wouldn’t even be a village chief. «

According to WTO rules, the U.S. can strip a country of trade advantages under exceptions for national security reasons. The Biden administration used this rationale when imposing sanctions on Russia after the start of the Ukraine conflict in February 2022 (without specifying what exactly constituted a national security threat to the U.S.). In relation to China, American lawmakers want to free their hands in advance, creating the possibility of imposing tariffs or sanctions without any conditions or timelines.

Last week, Representative John Moolenaar, a Republican from Michigan and chairman of the House China Committee, introduced a bill to revoke China’s Permanent Normal Trade Relations status. He cited U.S. Trade Representative Katherine Tai’s assessment that China still adheres to a "state-managed, non-market approach to its economy and trade," which contradicts WTO norms and principles. The bill is likely to gain support from Republicans, including Tom Cotton of Arkansas and Marco Rubio of Florida (Trump’s current nominee for Secretary of State), who were strong advocates for revoking PNTR for China during Trump’s first term. Democrats during Biden’s presidency also pressured China by limiting chip supplies and increasing military tensions between the two countries. However, Biden’s administration’s ultimate goal was to force Beijing to retreat and engage in what is called "decoupling."

 

 » The U.S. has been overriding truth with its power
and trampling justice to serve self-interest. «

In Washington’s interpretation, this would mean preserving a global economy where the U.S. would hinder the development of China's high-tech sectors while allowing it to continue earning revenue from supplying mass consumer goods to America. Chinese oligarchs were subtly hinted that they could return to a "business as usual" scenario if they could deal with Xi Jinping and avoid interfering in high-tech areas.

The Trumpist position is different. They want to strengthen America’s industrial power, even if it requires sacrificing the interests of global financial conglomerates and the very existence of a unified global economy. In this scenario, Chinese products would be forcefully squeezed out of the U.S. and several countries crucial to American economic interests. Whether China will find alternative markets to replace the U.S. is of little concern.

In a report published Tuesday, November 19, the Commission justified its recommendation to Congress to revoke PNTR status by stating that it "allows China to benefit from the same trade terms as U.S. allies despite its practices of intellectual property theft and market manipulation." Among the Commission's findings is also a recommendation for Congress to revoke the de minimis exception for e-commerce goods. This provision, enshrined in U.S. trade law, allows goods worth less than $800 to enter the U.S. duty-free and with less oversight from regulatory agencies. USCC experts refer to statements by U.S. officials that the "de minimis loophole" used by Chinese e-commerce companies like Shein and Temu harms U.S. jobs and could allow Chinese companies to deliver illegal products, including materials related to fentanyl.

China's Four Red Lines: Xi's warning to Biden and Trump.

— November 17, 2024.

 

The recommended revocation of PNTR status would enable a Trump administration to increase tariffs on a wide range of Chinese products. Additionally, without this status, China could face annual reviews of its trade practices, as was the case before PNTR was granted. As USCC commissioner Jacob Helberg stated, "Increasing tariffs on Chinese industrial goods will accelerate the return of supply chains to the U.S., which aligns with President-elect Donald Trump's argument for imposing universal tariffs on imports."

The Chinese Embassy in Washington immediately responded to the recommendations in the USCC report. "Attempts to return U.S.-China trade and economic relations to the Cold War era violate WTO rules and will only harm the mutual interests of both countries and undermine the global economy," said embassy spokesperson Liu Pengyu.

In 2023, China's exports to the U.S. amounted to $448 billion (compared to $505.6 billion in 2017). China has already been surpassed by Mexico ($480 billion) and is only slightly ahead of Canada ($429 billion). U.S. imports from China totaled $147 billion. In this regard, China ranks third, behind NAFTA  (USMCA) countries Canada ($352 billion) and Mexico ($323 billion). The U.S. trade deficit with China in 2023 was an unprecedented $301 billion, and it could increase by 4.4% this year.

If Trump imposes the 60% tariff he has promised (which would be easy to do if the USCC's proposal is adopted), the volume of Chinese goods entering the U.S. will drop sharply. China’s trade surplus with America will also shrink drastically. Even for Chinese companies that don’t leave the U.S. market, profitability will plummet. For those for whom the U.S. market is effectively closed, things will be much harder. Bankruptcy of a number of companies, mass layoffs, and decreased budget revenues are possible.

Quoted from:

Dmitry Skvortsov (November 24, 2024) - Trump's Plan to Ruin China. 

See also:
Francisco José Fernández-Cruz Sequera (October 30, 2024) - Global MAGA-nomics.

MFA of PRC (February 20, 2023) - The US' Economic Hegemony: Looting and Exploitation.

JFK: Last Independent POTUS & War Against the Deep State │ Gerry Nolan

On November 22, 1963, as John F. Kennedy's motorcade rolled through Dallas, the world witnessed the violent silencing of a leader who dared to challenge the clandestine forces steering global affairs. Kennedy's assassination was not merely the result of the Bay of Pigs debacle or Mafia entanglements; it was the culmination of his audacious attempts to dismantle the shadowy architectures of power, notably the CIA and the Mossad, and to confront Israel's ambitions that threatened global stability.

  » The Deep State's machinations have led us to the brink. «

Kennedy's presidency marked a rare epoch of genuine independence in American leadership. He recognized the peril posed by Israel's clandestine nuclear program at Dimona, understanding that an unchecked nuclear arsenal in the Middle East would ignite a proliferation cascade, destabilizing the region and beyond. In a series of correspondences with Israeli Prime Ministers David Ben-Gurion and Levi Eshkol, Kennedy was unyielding, demanding transparency and regular inspections of the Dimona facility. He warned that the United States' unwavering support for Israel would be jeopardized absent compliance. This confrontation was not merely diplomatic posturing; it was a battle for the soul of international security.

Israel's refusal to sign the Treaty on the Non-Proliferation of Nuclear Weapons (NPT) stands in stark contrast to nations like Iran, which, despite relentless vilification, remains a signatory. The hypocrisy is glaring: Israel, with its opaque nuclear capabilities, operates with impunity, while Iran faces sanctions and threats over its civilian nuclear ambitions. Kennedy foresaw this duplicity and sought to prevent a nuclear-armed Middle East, understanding that such an outcome would edge humanity closer to annihilation.

Today, as the Doomsday Clock ticks perilously close to midnight, the echoes of Kennedy's warnings resound with haunting clarity. The Deep State's machinations have led us to the brink, with proxy wars and covert operations serving as the lifeblood of a military-industrial complex devoid of accountability. The very entities Kennedy sought to dismantle have metastasized, embedding themselves into the fabric of global governance, perpetuating conflicts from Ukraine to Lebanon that inch us ever closer to the abyss.

 

Message to NATO: Don’t Poke the Russian Bear.

— Simeon Boikov, November 22, 2024.

Kennedy's assassination was not just the silencing of a man but the suppression of a vision, a vision of a world where sovereign nations could pursue peace without the overhanging threat of clandestine nuclear proliferation. His death marked the triumph of the very forces he sought to contain, setting a precedent for the unchecked expansion of covert agencies and the normalization of state-sponsored subterfuge.

 

 

America's Desperate Gamble In Ukraine.  — IIR, November 22, 2024. 

 

In commemorating Kennedy's legacy, we must confront the uncomfortable truths he illuminated. The path to midnight is paved with the complicity of those who turn a blind eye to the hypocrisies of nuclear apartheid and the unchecked power of intelligence agencies. To honor his memory is to rekindle the fight against these insidious forces, to demand transparency, and to strive for a world where the specter of nuclear annihilation is not wielded as a tool of geopolitical strategy.

As we stand on the precipice, let us remember Kennedy's courage in facing the hidden hands that steer our world. Let us channel that bravery to challenge the status quo, to expose the hypocrisies, and to pull humanity back from the brink. The clock is ticking, but the legacy of resistance endures.

Quoted from:
Gerry Nolan (November 22, 2024) - JFK: The last independent President and the War Against the Deep State.