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April 15, 2025 - Sean Hannity Show
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Collapse of China - April 14th, Hour 3
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What I told people I was making a podcast about Benghazi, nine times out of ten, they called me a masochist, rolled their eyes, or just asked, why?
Benghazi, the truth became a web of lies.
From Prologue Projects and Pushkin Industries, this is Fiasco, Benghazi.
What difference at this point does it make?
Listen to Fiasco, Benghazi, on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.
Coming up next, our final news roundup and information overload hour.
News Roundup and Information Overload Hour, toll-free.
Our number is 800-941 Sean.
If you want to be a part of the program, as we have been going into great specificity and detail, now we have 130 countries that are seeking either free and fair trade deals.
I would imagine most of them want that.
Or there'll be reciprocal tariffs.
We see the Trump effect with NVIDIA announcing that they will produce AI supercomputers entirely in the U.S. for the first time and produce 500 billion of AI infrastructure in the U.S. over the next four years, which is a big deal.
Much to the surprise of many, America's largest retailer, biggest box store, if you will, Walmart, says it does not expect that Trump tariffs will negatively impact their sales growth.
And are there going to be some complications, difficulty?
Yeah, absolutely.
And while I do believe these 130 countries, I think I would expect and anticipate at some point there's going to be deal after deal after deal that is going to be signed by the president.
And I think that's going to be good for Americans.
We have been ripped off, taken advantage of, frankly abused, and have allowed ourselves to be such for all of these years.
As I mentioned earlier in the program, Victor Davis Hansen had a lot of good points in his column today.
And, you know, let's ignore the fact that, well, you know, why is Wall Street panicking?
Their latest jobs report went through the roof that they didn't expect, or the inflation rate dropped to its lowest level in four years.
Are they worried about Trump's impending tax cuts, deregulation, greater budget cuts, which even a novice on Wall Street would know is good for the economy?
But if the U.S. is running a $63 billion trade surplus with Canada, you've got to ask some serious, significant, real questions.
You know, I brought up the issue earlier today.
You know, why are U.S. cars pretty much frozen out of the European market?
Why does the EU have car sales in the U.S. totaling $43.9 billion versus sales of American cars of only $8.9 billion?
Well, we've gone into that in detail.
A 10% tariff versus our 2.5% tariff.
And, of course, their 20% VAT tax.
That's 30% increase to the sticker price of any automobile we're selling there.
Now, we have over $7 trillion, I guess now $7.5 trillion with NVIDIA today that is being committed.
But this is separate and apart from what President Xi is going to do in China.
Clearly, Donald Trump has gotten his attention.
And President Xi apparently is going on an Asia trade blitz, according to reports, visiting Cambodia, Vietnam, Malaysia, seeking to stabilize China's trade ties, and their commerce minister arguing this week that Trump tariffs inflict serious harm on developing nations.
Meanwhile, most of those countries are already at the point of wanting to deal with President Trump and negotiate trade deals with us.
And so, anyway, we'll see what happens.
And with China, I still believe that they will need access to our markets.
And if they can continue to ratchet up a trade war, Donald Trump's not going to back down on China.
Is he more open and willing to negotiate with our allies and partners?
Sure.
But again, the choice is going to be free and fair trade versus reciprocal trade, but the choice will be yours.
Here's the president sounding the alarm about how during the Biden years we lost trillions of dollars because they allowed China to take advantage of us, rip us off, and abuse us.
Here's what he said.
We're the greatest economic power in the world if we're smart.
If we're not smart, we're going to hurt our country very badly.
We lost with China over the Biden years trillions of dollars on trade.
Trillions of dollars.
And he let them fleece us.
And we can't do that anymore.
And you know what?
I don't blame China at all.
I don't blame President Xi.
I like him.
He likes me.
I mean, who knows?
Who the hell cares?
Give me updates with us with China.
Let me just tell you this.
I don't blame China.
I don't blame Vietnam.
I see their meeting today at that wonderful, that's a lovely meeting.
The meeting, like trying to figure out how do we screw the United States of America.
Okay.
Now the question is, what happens now with China?
And is President Xi able to find access to enough other markets and work out trade deals?
Because if you look at the list, and I've scrolled it on television and I've mentioned it on radio, it would take me the rest of the show to list every single item that China puts a tariff on on the U.S. Are they going to be open to free and fair trade or just will it be reciprocal tariffs?
That's going to be up to President Xi, but I think at the end of the day, that he's going to need access to our markets.
Anyway, Gordon Chiang, author of The Coming Collapse of China and the Great U.S.-China Tech War, and he actually put up on X what President Xi will do when the sun rises in Beijing as a question mark.
He has no good options because the more he retaliates, the more he undermines his faltering economy.
And by the way, the Chinese currency has never been worse than where it is now.
Their economy is struggling.
The only thing they've really invested in that should concern Americans is in their military might.
Anyway, Gordon Chang, welcome back to the program.
Thank you so much, Sean.
All right.
Let's get your assessment on this, knowing and having studied President Xi as you have.
Well, the Chinese are in a very difficult place.
First of all, their economy is spiraling down.
We see this from the price data for March, which shows deflation.
They're having their 2008 crisis now, Sean.
In 2008, they didn't want a recession, so they overstimulated their economy, took on too much debt.
Now they've got to deal with all of that debt.
And you have the plunging property market and failing local governments.
And then all of a sudden, President Trump says, I'm dealing with the tariff issue.
So I don't know what means that they have.
I mean, you mentioned that they're going to try to sell more to other countries, but that's going to be really difficult because our market is the most important to them.
We've got the world's biggest consumer market.
Can't be replaced.
The only thing that Xi Jinping can do, and which is what he's trying to do right now, is to mobilize political opinion in the United States to put pressure on President Trump.
And I don't think Trump is going to back down, as you say, because Trump really believes what he's doing.
He knows it's important.
He knows that this is it.
And so I think he's going to stand firm.
130 countries that want to do deals, he certainly has gotten the world's attention.
The only thing I might have a slight worry or concern about is I think everybody understands we've been ripped off and taken advantage of, and it's gone on for 50, 60 years.
And I think that's one of the reasons why these countries are so amenable to dealing with them.
But back to China.
I believe at the end of the day, President Qi will be practical, and the practical answer is going to be, okay, Donald Trump's going to be in office four years.
The impact on the Chinese economy is incalculable in terms of the amount of money and the amount of product that they send into this country.
So I would expect and anticipate a deal at some point, probably a summit down the road.
Am I wrong?
I hope you're right.
The problem is that Xi Jinping has configured the Chinese political system so that only the most hostile answers are considered acceptable, which means, and at least in the short and intermediate term, he's not going to pick up the phone.
Now, picking up the phone to talk to President Trump would be the rational thing to do, but I think he's boxed himself in.
So yes, I think long term the Chinese will have to talk to the United States, but it is going to be a lot longer than most people want.
But by the way, let's remember that when we did have a trade deal with President Trump and General Secretary Xi Jinping, it was a loser for us.
That was the phase one trade deal of January 2020.
The Chinese immediately violated it.
So we've got a long way to go before we can get a trade deal which actually means something.
What do you mean by they violated?
How did they violate it?
They had purchase commitments which were very specific on various items, agricultural and manufactured goods, and they just didn't meet those commitments.
It was very clear that there was no way that they had actually honored the promises they made to President Trump.
Yeah, well, I just think that, you know, the question is a matter of pride.
Now, the Chinese economy has been faltering.
How bad is it?
It is, I think, contracting.
It could be a little bit better than that, but we know that it's not growing at the 5.0% pace that they claimed for last year.
Last year when they claimed 5.0, it was probably 1.0 or 1.5.
Now there's been very clear deterioration.
So they're probably about zero.
And as I mentioned, they're in deflation, both consumer deflation and factory deflation.
And that means that the economy is going down.
Very hard to get out of deflation.
So I don't know what they're going to do short of going to war, as you suggested.
Okay, so let's talk about this.
They obviously have a massive population.
They have built up their military.
Do you believe they have surpassed America's military capabilities?
They have hypersonics.
We don't, for example.
However, we have more nuclear weapons with more delivery systems than they do, which would be mutually assured destruction.
Is President Xi suicidal?
I don't think so.
Yeah, I don't think so, though.
I think he has a much lower threshold of risk because right now he's being blamed for all of China's problems, which means that he is more willing to take risk than we think he is so he can take us by surprise.
And your first question, overall, the U.S. military is more capable than China's.
And yes, they've got some weapons and some really important weapons that we don't have, the hypersonic cruise missiles that you mentioned.
But remember, it's a communist military, which means that it is not well configured for fighting a long-term war.
Because when you've got two reporting lines, one political, one military, where the political one is more important than the military line, that's no way to run a war.
Let me ask you a practical question because there are so many businesses that rely on cheap goods from China, whether they're goods to build things here in America or whether or not, you know, for example, the toy industry.
I don't think Americans have an appetite to pay 50 bucks for a Barbie, assuming that toys like that are made in China.
I don't know for sure.
But I'm just trying to come up with an example.
And how is it going to impact those businesses and jobs here in America?
Now, I love the $7 trillion that, $7.5 trillion now, that have been committed in new investment, manufacturing, automobile industry, high-paying career jobs for Americans as a result of even the threat of President Trump's tariffs.
But for the companies that have been reliant and making money, and there's one prominent business guy, I'm not going to mention him now, but his comments this weekend I found pretty repulsive and disgusting, you know, predicting an economic doom and gloom for America.
And I just happen to know for a fact that a lot of the profit margin of his, quote, big Wall Street firm has to do with the fact that they do never-ending business in China.
So it's a little bit selfish and self-serving on his part, as far as I'm concerned.
But we'll get into that maybe at the right time.
But what do you say to the companies, smaller American companies, reliant on either materials or outright products that they're importing from China?
They're going to have to move their supply chains to countries that have better trade environments and certainly we have better relations with.
This has been clear for some time that there was going to be increasing trade friction between China and the United States.
So these companies should have moved their supply chains earlier.
And if they didn't, they made a grievous mistake because everybody could see this was coming.
So I think that they will do that.
And that means that prices won't spike or at least they're not going to stay up for very long because companies will move factories to countries where the tariff rates are lower.
And that'll be good for us, Sean.
Oh, I agree.
And I think it's going to be good for American workers as well.
And I think, you know, we already see massive amounts of money being invested in the country.
What do you predict Europe is going to do?
Europe needs to come to the table with President Trump and enter into a major trade agreement.
This is something that Biden and his predecessors couldn't do because they were playing too nice.
And the Europeans play very, very tough on trade, as President Trump has said.
So I think that there will be a deal.
And the other thing is, I don't think they'll have much of a deal with China, because China is trying to also enter into a trade relationship with the 27-member nation European Union.
But EU and...
With the European Union, well, they've been stupid in terms of getting their energy resources from Russia.
Would they be stupid enough to move away from the United States and move towards China?
I don't think so because they've had a lot of trade friction with China and they know how bad China is.
And the things that make China a predatory and criminal trader are not going to be settled by a trade agreement between the EU and China.
Now, as for energy, President Trump is willing to sell them LNG.
And if when we get our export terminals in Louisiana up to speed, I think that the Europeans are going to see that they should be buying American energy rather than Russian energy.
Yeah, it's going to be interesting to watch.
Gordon Chang, we appreciate you.
Thank you, sir, for being with us.
800-941 Sean, if you want to be a part of the program.
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When I told people I was making a podcast about Benghazi, nine times out of ten, they called me a masochist, rolled their eyes, or just asked, why?
Benghazi, the truth became a web of lies.
It's almost a dirty word, one that connotes conspiracy theory.
Will we ever get the truth about the Benghazi massacre?
Bad faith, political warfare, and frankly, bullshit.
We kill the ambassador just to cover something up.
You put two and two together.
Was it an overblown distraction or a sinister conspiracy?
Benghazi is a Rosetta Stone for everything that's been going on for the last 20 years.
I'm Leon Nayfak from Prologue Projects and Pushkin Industries.
This is Fiasco, Benghazi.
What difference at this point does it make?
Yes, that's right.
Lock her up.
Listen to Fiasco, Benghazi, on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.
I'm sure most of you by now have heard Bill Maher's comments.
I actually watched it and it was interesting, but I had already known what happened.
We had Kid Rock on the next night.
He told us he was there.
Dana White was there.
So I didn't think, I don't think Bill Maher's a liar.
I just think, you know, one interesting thing I think Kid Rock said to Bill Maher is, you know, you donate all this money to Democrats.
Did they ever invite you?
No.
At one point, he even said one of the things that he really liked about Donald Trump that he, and this was to me, was amazing.
I wouldn't feel comfortable talking to Obama or Clinton like I did Trump.
I was able to criticize him and he was fine with it.
And by the way, that's 100% true.
And, you know, they found areas of agreement, like on wokeism and immigration.
And he went into great specificity and details, not changing who he is.
And he was clear about that.
Anyway, here's what Maher had to say Friday night.
So MAGA fans, don't worry.
Your boy gave me nothing.
Just hats, hats in a very generous amount of time and a willingness to listen and accept me as a possible friend, even though I'm not MAGA, which was the point of the dinner.
And he said, you know, I've heard from a lot of people who really, who really like that we're having this dinner.
Not all, but a lot.
And I said, same.
A lot of people told me they loved it, but not all.
And we agreed.
The people who don't even want us to talk, we don't like you.
Don't talk, as opposed to what?
Writing the same editorial for the millionth time and making 25-hour speeches into the wind.
Really?
That's what liberals have?
He takes the piss out of everybody else and we can hold ours.
Okay, that's my report.
You can hate me for it, but I'm not a liar.
Trump was gracious and measured.
And why he isn't that in other settings, I don't know, and I can't answer.
And it's not my place to answer.
I'm just telling you what I saw, and I wasn't high.
You got to admit, that's pretty funny.
Linda, imagine, would there ever be a moment where Hillary Clinton, Barack Obama, or any of these people would ever invite me?
I doubt it.
I don't think that would ever happen.
Definitely not.
Maybe you should start, you know, getting high on all of your shows and trash talking them excessively.
I guess that's what they like.
They're masochists.
Well, he said he didn't go high.
Apparently, he wanted a drink immediately, according to one of my sources.
Can I have a drink?
It was a little nervous.
I'm sure it was super stressful for him.
I mean, it's like, you know, I mean, they were just kept breaking his stones.
It was ridiculous.
Yeah, I mean, Keith Overman somewhat has no impact at all.
Just he lives in a constant state of rage.
By the way, don't overanalyze Maher prostituting himself to Trump.
Maher works for the same fascist at Warner, who took over and corrupted CNN.
He goes on.
And then he said, I've known Bill since 1978.
He's a shameless opportunist with no real principle then, and he remains so.
This is so he can keep his HBO show.
Oh, like everybody at MSDNC, Washington Post, similar criticism.
You don't have to patronize me.
Marsh snapping at this idiot Washington Post columns to his, he was almost unwatchable.
At that point, I couldn't even watch it anymore.
Gretchen Whitmer.
Now, this is a little different situation.
Gretchen Whitmer knows that the state of Michigan is devastated because of the 60-year policy as it relates to tariffs.
And she wants to get on the right side of the issue because her state has been decimated.
Anyway, 800-941-Sean, if you want to be a part of the program.
Guy is in Maryland.
Guy, how are you?
Glad you called.
Oh, hey, Sean.
Thank you so much for taking my call.
I've been listening to you for years.
Hey, I got the best story, man.
You're going to love this story.
So I'm a retired teacher and I'm a house painter now.
So I bought a sign and I put it on my paint truck.
It says, my truck identifies as a Tesla.
So I went to this Tesla protest Saturday because within O'Neill's Mills where I live.
So I pull in and at first they're smiling at me because I don't know if they think I may be making fun of Teslas.
So I parked in the lot.
I get over and Sean, it's all these old people, mostly white, all these old guys like me.
And there's a few young guys mixed in.
And I said, look, why are you guys protesting?
I mean, you guys have the American dream.
Man, you got everything.
You don't do without.
You've never had to like live in a bad neighborhood.
What is going on?
Well, they started cursing at me, using all kind of foul language.
They were calling me a racist.
I said, look, man, I was a coach and a teacher for 40 years, man.
I'm not a racist.
I coach every type of kid, you know, a lot of state champions.
I said, what are you guys talking about?
And they were just cursing.
And they were blowing a whistle.
And one of the young guys comes up to me.
He says, go ahead, buddy, throw a punch at me, and then I'll kick your butt.
I said, man, I'm not going to hit you.
And then they were really, man, they were cursing, swearing.
I tell you, Sean, I have never seen such rudeness.
And the signs that they were holding are the same exact signs I saw at Gettysburg.
So, I mean, I think they're being paid to be there.
I really do.
Listen, welcome to my world.
I've dealt with this a lot.
I dealt with it a lot more when I was in New York, unfortunately.
It's a major reason why I left because I don't want to put myself and people I love in that situation.
Frankly, I don't care.
I don't mind confrontation.
Never have my entire life.
However, it's not fair to friends, family, co-workers, people that I care about.
I don't want to put them in this situation.
But I deal with these idiots all the time.
And you see how vicious and violent and horrific the left has become.
You know, they praise Luigi Mangione.
I can't explain that obsession.
You heard of Taylor Lorenz earlier over the weekend.
I saw it online somewhere.
And Justify, and this is the guy that murdered the United Healthcare CEO.
We see what they've been doing at Tesla dealerships, firing bullets into those dealerships and firebombing cars and charging stations and calls for assassination of Elon Musk.
We've watched this weekend in horror, even though he's a Democratic governor.
This is absolute evil and it's domestic terrorism.
And what they did to Josh Shapiro's house is appalling and sick and evil.
And all of this is related to the Democratic Party has embraced this radical pro-Hamas wing in their party and are unwilling to speak out against it.
And I mean, I feel terrible for his family.
But at some point, I hope he comes out very publicly and says the squad members that have been virulently anti-Semitic and the other Democrats that have remained silent and those that have remained silent about the domestic terrorism on Elon Musk, those that praise Luigi Mangioni need to stop.
Anyway, my friend, appreciate the call.
Penny, Utah, next Sean Hannity Show.
What's up, Penny?
How are you?
I'm great, Sean.
And I just want to tell you that I am grateful for you and for your shows and that you just stay in there.
I was calling also now, I told you how great I thought you were, but when you were- Oh boy.
Whenever the but comes, here comes the criticism.
Go ahead, have at it.
Criticism.
You got it, brother.
Okay.
Linda names her cars.
She is not the only one.
I have always named my cars.
What's the name of your car?
You give your car a name.
I think that is the most strange, weird, bizarre thing I've ever heard in my life.
What am I supposed to name my new Tesla?
Charlie?
Molly?
No, Molly, the Mercedes.
Molly, your Mercedes.
So your car is Molly.
Linda, what's the name of the piece of crap that you drive?
Susie the Jeep.
I like it.
Susie the Jeep.
Susie the Jeep.
Why don't you name it Sean's the Jeep?
Why don't you name it after me?
Well, listen, when I pound that beeping, you know, and I smash that steering.
Forget it.
That's true.
Road raid, Sean.
Here we go.
No thanks.
I don't want to be associated with it.
Exactly.
Oh, it's great.
It's great.
Okay, you're both.
Don't take this personally.
This is not meant to be an insult, although it's going to sound like it.
You two are weirdos.
You should screen the lines.
I'm telling you, screen the lines for a couple days, and you're going to see how many people.
I had some.
Penny, we're going to come right back to you.
Stay right there.
I just have a quick question.
Travis in Nebraska.
Travis, do you have a name?
Do you name your car?
I was just going to say, yes, I got five names for my car.
What's the name of your car?
91 Montana is Lil Red.
My 1990 F-250 is Cruiser.
We got Betty White as the minivan.
I got it.
All right, Travis, stay there.
Although I feel like hanging up on you.
Dave in Florida.
Dave, do you name your car?
No, I do not.
Thank you.
A normal person.
Robert in Oklahoma, do you name your car?
No, but I do have a handle because I'm a truck driver, but I do not name my cars.
All right.
Thank you.
You're a truck driver and he has a handle.
It means, you know, breaker breaker.
This is so-and-so.
That's normal.
All right.
What's his handle?
I win.
Yeah, what's your handle, Robert?
That's a good question.
What's your handle?
It's called Seat Cover Chaser.
That's just as bad as Susie.
No, it's not.
He's not naming his rig.
He's not naming his cars.
He's naming it.
I would say based on our little unscientific poll, I think I win.
You definitely don't win.
Five callous.
It is definitely unscientific.
I agree.
Definitely.
I can't really disagree with that truth.
All right, Penny.
Good luck.
Tell Susie we said hello.
Tell Molly we said hello.
Molly, Susie, whatever.
I mean, do you go and give Molly and Susie a nice hanging out of the city?
I gotta tell you good night.
You're gonna love it.
Hot cocoa.
Hot cocoa.
No, I give her some more voice.
That's what she wants.
Get into the covers.
We have some hot cocoa.
Gross.
Andy.
I had a guy hit me on it.
The whole world should be.
You're so crazy.
And he sent me a picture of his tractor.
And he said, don't worry, Linda.
We don't just name our, his name is Rick Clem.
And he says, what about the farmers that name their tractors?
We call this one Big Whitey.
And it's a ginormous tractor.
And he sent me a picture.
It's hysterical.
Okay.
I can't handle this.
Travis in Nebraska.
Travis, you're on the Sean Hannity show.
Thanks for having me on, Sean.
It's a privilege and an honor.
Just wanted to talk about, I'm just really grateful having President Trump be back in with Pete Hayseth as the Secretary of Defense.
I was part of that whole COVID jab.
They tried to get me kicked out.
I fought it to the very end, which was a very, very stressful situation because I was going to lose my full-time position out at the air guard.
And it happened right after I got back from my deployment in Afghanistan in 2020.
I was over there in Kandahar trying to help close that base down because they closed Kandahar and oh, I can't remember the other name of that air base that they closed over on the other side of Afghanistan.
But it was our two last bases.
And then got back and then all the letters came out said, you guys got to take this experimental.
I guess they want to call it a vaccine.
I'm not necessarily sure that that's what we could call it.
And then I just had convictions about it and the Lord convicted me about it.
And so I fought it out to the end, but a lot of people did it.
And a lot of people ended up getting out because of it.
Well, I'm going to, are you going to go back in?
How much time did you have in?
Because you need 20, I would guess, to get your pension, right?
Well, so I'm in the guard.
So at this point, I have 18 years of total service.
I got 10 years of active service.
So I ended up getting my job back, but it wasn't because of what happened there.
It's because my position came back open.
so I reapplied for it because I actually left for a year because I was worried about losing my job and not having a job.
Listen, I'm kind of short on time, but can I please offer unsolicited advice?
Honestly, you earned this.
Please get the other two years in in your guard service.
Get the pension that you worked hard so hard for after all those years of service.
We want everybody in this audience wants you to have it.
You deserve it, okay?
And you'll be glad you did later in life.
That'll be money coming into your family that I'm sure you're going to want indeed.
Yep.
Yep.
That's the plan.
I'm still in the guard still.
And I did it.
Yeah, so that was good.
All right.
Get your pension.
You earned every penny of that, my friend.
And I'm sorry you had to go through that.
That's ridiculous what all these people have had to go through.
We lost so many good people as a result.
Anyway, 800-941-Sean, our number if you want to be a part of the program.
All right, that's going to wrap things up for today.
Hannity Tonight, 9 Eastern on the Fox News channel.
News you won't get from the media mob.
Yep, Trump is winning now up to 130 countries that want trade deals.
And the NVIDIA deal today is massive for the country.
Charles Payne, Ted Cruz.
Also, how do we manufacture more pharmaceuticals in America?
We'll get into that tonight.
Chloe Carmichael, clinical psychologist in Harvard, announcing they will defy the Trump order to cut DEI programs and expel pro-Palestinian protesters.
Really, maybe they need another beatdown from Elise Defonic.
Also, Steve Witkoff, he's been meeting with Russia and Iran.
We'll get exclusive updates.
9 Eastern, Set Your DVR, Hannity Fox.
We'll see you tonight back here tomorrow.
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What difference at this point does it make?
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