Trump Has Disaster Landing as Trip Ends in Total Failure

30 Oct 2025 · 20 min · 10 chapters

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In short

Criticism of Trump’s Asia trip as a “disaster landing,” arguing it produced few gains while worsening U.S. leverage in trade and technology, plus related claims about corruption, SNAP funding leverage, nuclear testing, and domestic enforcement actions.

Guests/backgrounds

No named podcast guests appear in the transcript; speakers include Ryan Reynolds (ad read), Tim Miller (quoted), Ron Filipkowski (editor-in-chief, quoted), Scott Besant (Treasury Secretary, quoted), Maria Bartiromo (Fox Business host, quoted), Senator Chris Coons (quoted), Josh Hawley (quoted), Melanie Diaraggio (quoted), J.B. Pritzker (quoted), and others via clips.

Key claims

China deal trades U.S. semiconductor/IP access and rare-earth leverage for reduced soybean purchases; “trillions” in inflows are unsupported; Trump pardon for Binance’s CZ suggests favoritism; SNAP funding used as leverage; restarting nuclear testing; DHS/Noem actions disrupt Halloween.

Notable examples

China buying 12 million metric tons soybeans this season and 25 million annually for three years; rare earths access described as year-to-year; CZ presidential pardon after Binance pled guilty to AML violations; contingency SNAP fund of about $6B; Pentagon nuclear testing after 1992; Pritzker asking DHS/Noem to pause federal operations over Halloween weekend.

Written by AI. May contain mistakes. Listen to the episode to check what was said.

Chapters

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Trump's Disastrous Trip to Asia

0:30 to 2:09

Discussing the failures of Trump's recent trip and its implications.

“where he accomplished nothing other than further weakening the United States of America.”

Critique of Trump's Soybean Deal

2:09 to 3:57

Analysis of Trump's soybean deal with China and its impact.

“We've brought in trillions of dollars over the past four days, more trillions of dollars.”

Impacts of Trade War on the U.S.

3:57 to 6:39

Exploring the consequences of tariffs and trade negotiations.

“here on your story, is the massive amount of agriculture purchases that the Chinese are going to be doing in this agreement.”

Impacts of Trade War on the U.S.

6:40 to 8:36

Exploring the consequences of tariffs and trade negotiations.

“As Senator Chris Coons on Capitol Hill just said, I'm alarmed by reports that Trump is now considering allowing NVIDIA to sell China their most advanced chip.”

Impacts of Trade War on the U.S.

8:41 to 8:53

Exploring the consequences of tariffs and trade negotiations.

“That's Indicloud.co, code Midas, M-E-I-D-A-S for 30 % off, free shipping, and less stress delivered to your door.”

Political Manipulation and Economics

8:53 to 11:01

Examining the intersection of politics and economic promises.

“Support the show by filling out their quick survey when you order, and thank Indicloud for making the news cycle just a little easier to handle, and please enjoy responsibly.”

Nuclear Testing Discussion

11:01 to 14:00

Debating Trump's potential nuclear testing directive.

“If they just give all of the benefits to the billionaires, basically do socialism for billionaires, they'll just trickle it down on you and you'll be so lucky to get the little breadcrumbs from the rich people.”

Governor Pritzker's Halloween Plea

14:00 to 16:01

Learn about Governor Pritzker's request to pause federal operations during Halloween for the safety of children.

“But in this this dynamic that we have now on the world stage, America has to show strength.”

Recruitment for MidasPlus Subscription

16:01 to 17:08

Find out how to stay updated and subscribe to MidasPlus for exclusive content.

“Stephen Miller is now living in a military bunker, basically.”

Recruitment for MidasPlus Subscription

17:12 to 17:40

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Transcript

Automatic transcript. May contain errors.

0:00Ben Meiselas:Hey, it's Ryan Reynolds here from Mint Mobile. Now, I was looking for fun ways to tell you that Mint's offer of unlimited premium wireless for$15 a month is back. So I thought it would be fun if we made$15 bills, but it turns out that's very illegal. So there goes my big idea for the commercial. Give it a try at mintmobile.com slash switch.

0:29Ben Meiselas:Donald Trump is having a disastrous landing from his awful trip to Asia, where he accomplished nothing other than further weakening the United States of America. I'll just give you this example. The Trump regime is trying to announce, look, we did this great deal with China. They've agreed to buy 12 million metric tons of soybeans this season and 25 million tons per year for the next three years. China bought 27 metric tons of soybeans from U.S. farmers in 2024. So y 'all sacrificed our semiconductor industry here and our intellectual property and classified secrets essentially to China so that they would agree to buy less soybeans per year based on your disastrous trade war against the world?

1:19Ben Meiselas:That's literally the art of the worst deal imaginable. As Tim Miller puts it, I'm just trying to follow this trade negotiation. So Trump creates a shortage in bean sales with his stupid tariffs. So he flew to Asia to beg for a deal. Result, China gets advanced AI chips from the United States. We get one year of minerals and an agreement that they will take less of our soybeans than they were already doing in 2024. And it should also be noted that the access to their rare earths is on a year-to-year basis. So every year, the United States has to go to China to beg for rare earths. This is quite literally the worst deal imaginable.

2:08Ben Meiselas:But Trump tries to cover it up by saying, hey, guess what, everybody? We've brought in trillions of dollars over the past four days, more trillions of dollars. It's pouring in. As our editor-in-chief Ron Filipkowski writes, and as you hear me say every day, can we have some proof of this at some point? Where are all these trillions that we just got this week? Here's what Donald Trump said on this disastrous landing. Play this clip. So many successful meetings, and so many meetings great for our country with literally hundreds of billions, trillions of dollars have come into our country over the last four days, represented by this meeting.

2:50But trillions of dollars, where Toyota is going to build plans,$10 billion worth of plans, and, you know, I could go over so many different companies coming in, they're pouring money into the United States. So beyond even this meeting, this was an unbelievable trip. And I hope you glad you were part of it. It was big.

3:09Ben Meiselas:And here's Treasury Secretary Scott Besant going on Fox Business. And I'll put business in quotes with Maria Bartiroma. And he's like, I'm going to break some good news. I'm just going to throw out a bunch of numbers and hope that the people watching this are stupid and don't realize that China was buying more soybeans under Biden than the deal that Trump just agreed to. So you had China cut us off from rare earths and cut off the export market to soybeans only for them to agree to purchase less soybeans per year and make the United States beg for rare earths while the United States has to potentially give up semiconductor technology.

3:52Ben Meiselas:The worst deal imaginable. This is Besson. Play this clip. But Maria, one of the big, big parts of this agreement, and I'm going to break the news here on your story, is the massive amount of agriculture purchases that the Chinese are going to be doing in this agreement. So the Chinese have agreed to buy 12 million metric tons of soybeans during this season right now, between now and the should be January. And then for the next three years, they're going to be buying a minimum, a minimum of 25 million metric tons per annum for the next three years. What I would expect is as President Trump did in 2020, after President Xi had agreed to the phase one deal, he called him regularly and got him to buy more.

4:47And that number went up much higher. The other thing to realize is in addition to the 12 this year, the 25 per year, 25 million tons per year for the next three years, we've also signed trade deals with countries in Southeast Asia, the rest of the world to buy our soybeans to the tune of another 19 million metric tons. So, you know, our great soybean farmers who the Chinese used as political pawns, that's off the table and they should prosper in the years to come. They backed President Trump And they knew that he had their back. And this deal is the culmination of that. And it sets in motion great purchase agreements for the next three and a half years.

5:40So Donald Trump's very angry.

5:43Ben Meiselas:He's angry that people are criticizing him. He posts worked really hard 24 seven, took in trillions of dollars. And Chuck Schumer said trip was a total dud, even though he knows it was a spectacular success. Words like that are almost treasonous. Just where are the trillions of dollars? What I do know right now is that y 'all are saying that you don't have enough money to fund the Supplemental Nutrition Assistance Program. So 42 million Americans are about to starve next week. You say you don't have enough money for health care. 20 million Americans are about to lose their health care and they'll be getting their letters that their monthly premiums are about to skyrocket.

6:24Ben Meiselas:So tell me, you don't have the money, but you brought in trillions of dollars. So either you're stealing the trillions of dollars or you're lying. I believe you're stealing billions of dollars, in my opinion, not trillions. But I think I think you're lying. As Senator Chris Coons on Capitol Hill just said, I'm alarmed by reports that Trump is now considering allowing NVIDIA to sell China their most advanced chip. It's called the Blackwell. It's 20 times more powerful than the chips he's recently allowed access to. The defining fight of the 21st century will be who controls AI. It would be a strategic mistake for Trump in order to get some soybeans out of China to sell them these critical cutting edge AI chips.

7:14Ben Meiselas:The art of the deal. Donald Trump's already given China access to a lot of our advanced chips via the United Arab Emirates. And apparently there was a quid pro quo deal. Although Trump claims it's just a coincidence that the UAE sovereign wealth fund invested in world liberty financial that my family controls a majority stake in and put$2 billion there. Then we gave them the chips to totally unrelated events. You ever scroll the headlines and feel like every push alert just raised your blood pressure? Yeah, same. That's where Indicloud comes in. I'm honestly excited about this one. Indicloud is hands down one of the most fun advertisers we have ever worked with.

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9:01Ben Meiselas:Like this, this may be unrelated as well. It's not unrelated, it's obvious what's happening here. I just want to let you know my sarcasm. And our editor-in-chief, Chief Ron Filipkowski writes, I'm still shocked that stories like this, which come out daily, get largely ignored. The most corrupt person to ever hold any public office in U.S. history. I'll keep posting them every day and try to amplify them, even when most media doesn't care. It's from The Wall Street Journal. They said this spring, Binance took steps that catapulted the Trump family venture's new stable coin product, enhancing its credibility and pushing its market capitalization up from$127 million to over$2.1 billion.

9:46Ben Meiselas:Trump then granted the head of Binance. Binance is the name of the company. His name is Zhao. He goes by the name CZ. Trump granted CZ, a presidential pardon last week, likely paving the way for the world's largest crypto trading platform to return to the US from where it was banned after the company pled guilty in 2023 to violating anti-money laundering rules. At the time, the government said Zhao had caused significant harm to the United States national security by allowing sanctioned Iranian crypto exchanges, Russian drug traffickers, Hamas militants, and other criminal groups to move billions of dollars through the exchange.

10:26Ben Meiselas:The pardon marks the most distinct instance yet of Trump using the powers of the office to benefit someone at the center of the deals that have enriched his family. But if you ask Treasury Secretary Scott Besant what's going on, he says promises made, promises kept. Wall Street's doing great, he says, and the money will trickle to the American workers next year. Next year it's going to happen. Don't you worry. Next year. Trump said day one, but he meant next year. And then next year, you know what he means? Next year. And then you know what he means? Next year. As Melanie Diaraggio says, this is what they've been saying for 40 years.

11:05Ben Meiselas:they're going to just trickle it down. If they just give all of the benefits to the billionaires, basically do socialism for billionaires, they'll just trickle it down on you and you'll be so lucky to get the little breadcrumbs from the rich people. Here play this clip. Because what's really happened here is the low end consumer has gotten killed and President Trump is promises made, promises kept on his campaign promises. And it's going to start flowing through to working Americans next year. We're going to have Wall Street's done great and Main Street can do great also. So I think we're going to have parallel prosperity next year.

11:44That's wonderful to hear. And Secretary, I want to thank you so much for all of your efforts. Obviously, it is making a huge difference for the American people.

11:52Ben Meiselas:And then here, Maga Mike just admits that Republicans are using SNAP, Supplemental Nutrition Assistance Program, as leverage to pressure Democrats. There is a contingency fund that could be used immediately. It literally is to be used for this purpose. There's a bank account with about six billion dollars sitting in it to make sure that SNAP payments go out right now. And in addition, just pass a standalone bill. But MAGA Mike, here's what he has to say. Play this clip. The reality is that this has been a stalemate for 30 days. And it's not just Democrats. You also have one of the most conservative Republican senators, Josh Hawley, who says, at least please move money around to feed people.

12:31Why not consider that? Because if you deviate from the goal of reopening the entire government, Chuck Schumer and the radicals over there will continue to play games with people's paychecks, their livelihoods. And if you do just part of this, it will reduce the pressure for them to do all of it, to do their basic job, and that is reopen the government. This is very real and very serious, and they can end it today. They can do it right now. All they have to do is we just need five more Democrats in the Senate to help us reach the 60-vote threshold. We don't have enough Republicans to do the right thing on our own.

13:03We need them to do the right thing.

13:04Ben Meiselas:And then here, MAGA Mike supports Donald Trump restarting nuclear testing. Let's play this clip. Just a second. But I also want to quickly talk about something that the president said, pretty remarkable, actually, that he said. He said that he instructed the Pentagon to begin testing nuclear weapons again for the first time in more than 30 years. It hasn't happened since 1992. Have you been briefed about this? Are you okay with this move? I haven't spoken to the president in about 48 hours, so I did not know he was going to say that. But I think it is an important thing for him to have said. Why?

13:39Because we have demonstrated, even in recent days, that the only way to maintain peace is to show strength. It's peace through strength. That's one of our principles that we try to advance here every day. We learned that during the Cold War. We know it's certainly true now. America is the last great superpower in the world. We do not have a peer to peer adversary. China is trying to become that. But in this this dynamic that we have now on the world stage, America has to show strength. And I think it is an obvious and logical thing to ensure that our weapons systems work as they're.

14:13Ben Meiselas:Finally, as we approach Halloween, you have the governor of Illinois, J.B. Pritzker, basically just saying, look to Greg Bovino and Kristi Noem, just press pause for this weekend, please, of your chemical warfare and your invasion in Chicago and the surrounding areas in Illinois. We just want our kids to be able to enjoy their Halloween. Stop attacking our children. Here, play this clip. The Department of Homeland Security claims their highest priority is to protect children. So today I have to ask them, please live up to those ideals. I've sent a letter to Kristi Noem and to the Department of Homeland Security leadership, asking them to pause all of their federal agent operations for the entirety of the Halloween weekend.

15:03I'm asking for basic human decency. I think their response will be revealing. They've disrupted everything for more than two months already. Give the children and the families of Illinois a break. To Donald Trump and Kristi Noem, show us this is about something other than you just causing mayhem on our streets and visiting cruelty upon our people. And after Halloween, if you want to actually go after the worst of the worst, work with our local law enforcement to help us go after violent criminals. Instead, you are targeting innocent children and families, black and brown people, U.S. citizens, hardworking parents.

15:49In essence, you are targeting all of us. It's un-American and we cannot stand for this.

15:56Ben Meiselas:I will not stand for this. And there you have it, folks. Oh, I'll give you this piece of news as well. Stephen Miller is now living in a military bunker, basically. Military housing. A lot of these Trump regime officials are now living. I think there's six of them, including Kristi Noem. They don't live outside. They live in literal military bunkers because bunker boys, bunker gals. It's subscribe. Let's get to 6 million. Thanks for watching. Want to stay plugged in? Become a subscriber to our sub stack at MidasPlus.com. You'll get daily recaps from Ron Filipkowski, ad-free episodes of our podcast, and more exclusive content only available at MidasPlus.com.

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From the publisher

MeidasTouch host Ben Meiselas reports on Donald Trump’s meltdown on his return to the United States after his trip to Asia was a complete and utter failure.

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