
newsSep 24, 202538:00pending
This massive new Russia-China project will have huge impact on world
About this episode
Donald Trump wants to use tariffs to force countries to buy more US oil and natural gas. Instead, China and Russia signed a deal to build the massive Power of Siberia 2 pipeline, which could transform the global energy market. Russia is integrating with Asia, while Europe faces a crisis that is devastating its manufacturing sector. Political economist Ben Norton explains.
VIDEO: https://www.youtube.com/watch?v=n6wtK8Hrpl4
Topics
0:00 Close China-Russia relations
1:28 Power of Siberia 2 pipeline
3:23 Dedollarization
4:04 Europe boycotts Russian energy
5:28 Nord Stream pipeline sabotage
6:28 (CLIP) Trump on Nord Stream & US energy
7:06 Crisis in Europe
9:14 Russia integrates with Asia
10:13 Russia tried to join the West
11:03 NATO expansion
11:47 Ukraine coup & war
13:26 Russia's trade with China
14:16 De-dollarization
14:43 Trump's tariffs
17:01 Why Trump hit India with tariffs
18:22 (CLIP) Trump on US oil & gas
18:34 USA: #1 producer of oil & gas
19:17 Weaponizing energy
19:46 China's natural gas imports
22:11 China & Russia: long-term partnership
23:22 Colonial Monroe Doctrine & oil
25:02 China's oil imports
25:41 Trade chokepoints
27:04 Europe becomes US vassal
28:17 (CLIP) Trump boasts of imposing EU deal
28:55 EU imports of oil & gas
30:38 Deindustrialization of Europe
31:16 EU prosperity depended on China & Russia
31:50 (CLIP) Ex EU foreign policy chief Josep Borrell
32:35 Germany's "existential" industrial crisis
34:15 China's car manufacturers & electric vehicles (EVs)
36:44 Europe loses out as Asian Century advances
37:40 Outro
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