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As Japan Rejects U.S. To Punish China’s Economy, Bessent Demands IMF To Corner Beijing



As Japan Rejects U.S. To Punish China’s Economy, Bessent Demands IMF To Corner Beijing

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In a big move, reports from Japanese officials indicate Tokyo will not follow U.S. orders to corner China’s economy. Cutting away Chinese imports will hurt their economy and invite even more retaliation. Meanwhile, Bessent is trying to corner the IMF to scold China for what he calls currency manipulation. Here’s what you must know!

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✅ Timestamps & Chapters:
0:00 U.S. In Damage Control Panic
3:03 Japan Resists U.S. To Punish China
5:59 Bessent US Coalition Plan
9:42 U.S. Wants IMF To Corner China
12:54 USD Is Cornered

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View 40 Comments

40 Comments

  3. @TimH-o3v on

    So when USA was the manufacturing and exporting giant of the world this was not a problem. What hypocrites! They get on the world stage pontificating; preaching to others about fairness and equity while the dismantle the very concept at home.

  4. @Aussie-nd7si on

    Imagine having to be a spokesperson for any usa administration. You just constantly lie, and deny reality. It must be exhausting, as they always look so dumb.

  11. @charlescarmichael2444 on

    It is crazy to suggest that Bessent would deliberately crash the US economy in order to force the Federal Reserve to react. But "crazy" doesn't seem to deter anything this administration does.

  14. @Mike-ys4sr2023 on

    These talking heads 👄 blonds have it backwards. US was dropping off the world with USA dollar reserve currency Swift system IMF loans stealing third-world countries resources and using them as slave labour. US car 🚗 manufacturers choose to use Canada 🇨🇦 Mexico Brazil then China using them for cheaper labour past 50 years. US presidents can't control US private corporate. 😅 😂 . Now US is going Broke so trying to use high taxes on overseas manufacturers 😅 😂

  16. @chascodelviso on

    For years and years the US has taken advantage of the low wages in China…. To feed Americans addiction…. Now we have to even out the playing field… Don't you think? 🤔

  17. @ased786 on

    If the roles had to be reversed, would the US allow it to be re balanced? US must go down, less money for the the US, less wars.

  20. @dreambox7 on

    IMF belongs away.

    Yes, that is essentially true: China and other BRICS countries (Brazil, Russia, India, China, South Africa – now joined by other members such as Egypt, Iran and Saudi Arabia) criticise the International Monetary Fund (IMF) in its current structure. Their rejection concerns the following points in particular:

    1. distribution of power in the IMF

    The IMF is determined by the voting shares of its members, which are based on their economic strength. The USA and Western countries have a disproportionately large influence. Reforms that would give a stronger voice to emerging economies such as China or India have often been blocked or implemented only slowly.

    2 Western dominance and conditions

    The BRICS countries criticise the fact that the IMF exports Western economic policy ideologies (e.g. austerity policy, market liberalisation) and often attaches strict conditions to its loans. This practice is perceived as paternalism.

    3 Alternative institutions

    In response, the BRICS countries have created their own institutions, e.g:

    New Development Bank (NDB)

    Contingent Reserve Arrangement (CRA) – an emergency mechanism, similar to the IMF, but without Western control.

    Conclusion:

    The rejection of the IMF "in its current form" does not necessarily mean a general rejection of international cooperation, but a desire for more equality, fairness and reform in the global financial architecture.

    Would you like to shed more light on the topic, e.g. in terms of geopolitical consequences or specific reform proposals?

  21. @normanroneal4067 on

    😂😂 This was a bodacious ploy by trump! He REALLY was hoping that others would fall for his BS and he would come out smelling like a rose. When the others just ignored his BS and went on with their economic plans and the US businesses came to their senses and confronted him with reality he does what he does every time, he folded like a cheap suit.😂😂 Remember there was no plan or strategy here my people. Just the bluster of an arrogant and selfish narcissistic individual and his sycophants. 😂😂

    🤣🤣John 8:44 NLT

    [44] For you are the children of your father the devil, and you love to do the evil things he does. He was a murderer from the beginning. He has always hated the truth, because there is no truth in him. When he lies, it is consistent with his character; for he is a liar and the father of lies. 🤣🤣

  23. @dreambox7 on

    That's right – China is deliberately building alternatives to the Western-dominated financial and economic order. In doing so, it is pursuing several strategic approaches to strengthen both its economic and geopolitical influence:

    —

    1. institutional alternatives

    New Development Bank (NDB)

    Founded by the BRICS countries, based in Shanghai.

    Objective: to finance infrastructure and development projects in emerging and developing countries.

    Alternative to the World Bank – without Western conditions or political influence.

    Asian Infrastructure Investment Bank (AIIB)

    Initiated by China, based in Beijing.

    Members from all over the world, including some European countries.

    Competitor to the World Bank and the Asian Development Bank (which is dominated by the USA and Japan).

    Contingent Reserve Arrangement (CRA)

    BRICS countries provide each other with financial aid in times of crisis.

    A kind of mini-IMF, but without US dollar constraints or Washington requirements.

    —

    2. de-dollarisation and yuan internationalisation

    China promotes the use of the renminbi (yuan) in international trade.

    Creation of bilateral currency agreements with partner countries.

    Commodity trading in yuan (e.g. "petro-yuan" with Russia, Iran or Arab countries).

    Development of a separate SWIFT alternative system (CIPS) for international payments.

    —

    3. new Silk Road (Belt and Road Initiative – BRI)

    Huge infrastructure project that binds countries in Asia, Africa and Europe to China through investment.

    Mostly financed by Chinese banks – a counter-model to Western development aid.

    At the same time, a geopolitical instrument to strengthen China's zones of influence.

    Conclusion

    China's strategy is not only aimed at economic cooperation, but also at a long-term transformation of global power structures. In this picture, the IMF and the World Bank are symbols of an "old order" that is to be replaced by a multipolar system – with China as the new central player.

  27. @SDR0505 on

    Unfortunately most Americans are been lied to and kept brainwashed to see what this administration and the political system are actually doing which is essentially keeping the rich even richer.

  28. @jibroniuk3604 on

    Americans are generally so stupid to believe the BS coming out of the White House. The worst start to any US President in history. Is Trump a Russian asset sent to destroy the United States????? He is doing an excellent job…..

  31. @mukeshsharma-iq8dp on

    Japan needs Cnina. They know that US will use them & every other ally to try and sabotage/ contain China but if they.fail...they will abandon their allies. US is not a trustworthy ally as Henry Kissinger also admitted🙏🏻

  32. @haventdecided7672 on

    What, China is overcharging Americans? Really? I would say that the medical establishment and drug companies are WAY OVERCHARGING Americans. Everyone else in the world pays way less. Same with food, cars, internet, etc.

  36. @ikealt9497 on

    Once again, I ask how is it possible that a consumer market of 330 million (USA) is consuming more then a consumer market of 1.4 billion (China). (lol) Fake Accounting!!