Economy
Trump’s Asia Tour: A Protection Racket Disguised as ‘Trade Deals’
Ju-Hyun Park, member of Nodutdol and Web Editor at BreakThrough News, joins the show as Trump strong-arms Asian nations into one-sided trade “deals,” including South Korea’s $200 billion cash payout to the U.S. Park discusses the Korea trade deal, the APEC Summit, Trump’s meeting with China’s Xi Jinping, and how his protection racket is designed to keep the U.S. on top while bleeding developing economies dry.
After meeting Trump, South Korea’s president gave him a literal golden crown—and agreed to pay the US $200B in cash.
“These tariffs are meant to tighten the leash around all US allies… and limit the possibilities of global south countries to change their economic situation,” says @hermit_hwarang
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