Part 2/11:
Additionally, recent reports reveal that the Chinese Communist Party (CCP) has quietly exempted approximately 25% of U.S. imports from tariffs. This olive branch, signaling an effort to improve diplomatic relations, is juxtaposed with a grim economic reality. According to Treasury Secretary Scott Bessent, if China fails to negotiate with the U.S., it could face dire economic consequences. He points to deteriorating GDP numbers and estimates that between five to ten million jobs could be lost in China if this situation persists.