Donald Trump is unpredictable, unpredictable, someone whose ideas change from night to night. The hostility of the United States is dangerous, but its friendship is more dangerous. We are talking about a president who can suddenly impose extra taxes on those he says "you are wonderful" with his gestures and facial expressions in bilateral meetings, and who can even threaten them. We will really see the most unique presidential process in American political history or presidential history. Trump has four years now, he does not have a third term. But he is also making statements as if he is preparing for a third term. Is this Donald Trump saying that this will continue with Trump's presence in person? Or is Trumpism now surpassing me, there is a Trump beyond Trump. Is it turning this into a great ideology by saying "This Trump will now permeate America's politics for 50, 100 years"? I think the second option seems more possible right now. Because, as you know, we talked a lot about trade wars in his first term.
He called China especially as a tax, as an exploitation, ''you produce there, I sell. They earn more, I don't. This is an exploitation, this is the exploitation of American capital, this American money, the dollar''. But did he succeed in this much in his first term? Was he able to fully demonstrate this economic war on the table? Maybe he didn't live long enough politically. A Biden term came in between. He also saw the Biden term as a complete stagnation period and when he said ''I will make the world perfect again, I will get it back on its feet'', he actually tried to show us that America was on the verge of bankruptcy. America is going bankrupt. America has a debt of 35 trillion dollars today. So why isn't America going bankrupt? Because America has a characteristic. Of course, this is not a fair characteristic, it is not a just characteristic.
America is the owner of the world's global currency. In other words, the dollar is the owner of the system we call dollarization. The country that produces and prints dollars. So what does it print in return for? In return for nothing. He prints as much 1 dollar as he wants, as much as 50 dollars as he wants and releases it to world markets. He withdraws the dollar whenever he wants. He drags countries into inflation, into crisis, into coups. He releases money whenever he wants, he eases it. Now Trump is actually, let me put it this way, you know, the tradesman who falls into debt has rummaged through his credit ledger; that's the same position. In other words, he says, I'm in debt right now and let's open the books and see who owes us money? He's pursuing a policy of "I wonder what we can get for whose debt?" He did this most obviously in Ukraine. He said, we gave you 350 billion dollars in aid. And you know that's an exaggeration. That's why he said, "You can't give me that money anyway. Let me take your mines. Let me take your oil. Let me take your grain and share your resources." In other words, we will establish a bank of exploitation, a banking system for you here. He said I will get that money from you and the Japanese prime minister, the Indian prime minister, and most recently the president of Bangladesh, I think, came to visit him. He said, ''You have 700 billion dollars. That's too much money for you,'' he said. Let's get some of that money, he said. Isn't it very interesting? It's a tragicomic situation. Everyone is surprised.
America is ''like a mafia''. It's like it's collapsing into order. It says, you will give it to me, if you don't give it, I will declare war on you. Greenland, Panama, we've always seen this and finally, they got a list and announced all the tariffs. Now, when we look at the tariffs, that is, when we look at the customs duties, when we look at who they applied the highest to. Especially to China. Vietnam, Laos, Madagascar, Cambodia. In other words, to the countries that we see as Southeast Asian countries and that have the potential to cooperate with China at any moment. Of course, when we go down to South Korea. In other words, to South Korea, which we see as our traditional allies. We go a little further down to Israel, Jordan, and the European Union countries.
Didn't the pains of the European Union start here? Now why are you imposing customs tariffs on me? You made me a friend, a brother country with Marshall aid. You said to me, "I will give you money. You don't need to do anything militarily. I will protect you." But now the king is naked. You say, "I will not give you weapons. From now on, you will take as much as you give me." How am I going to do this? "Excuse me, if you didn't trust me," says the US. So, what will the European Union do with these tariff increases? How will it balance its own inflation? Or its production power? We also imposed an embargo on Russia. We are not buying energy from Russia either. Production costs are skyrocketing. We were already trying to show resistance against the Chinese market. Oh my God, it is a complete mess economy and I actually named it like this; the politics that Trump is doing today, and the economic policies he is putting forward, combines with foreign policy and presents us with this understanding of tax diplomacy. In other words, the policy of shaping trade and foreign policy with tax tools.
We see that countries will use economic pressure, taxation, as a press machine in their foreign policies and politics. So, what can this tax diplomacy, in other words, an economy-centered foreign policy approach, present us with? Let me put it this way; Combining trade war with economic nationalism. Trade war with economic nationalism. This is a serious war. Look, maybe if we were in the 19th century, and I think we are at the beginning of the 19th century right now. We have gone back 150 years with a time machine. There was a war right now. There was an open war. In other words, armies were fighting during this period. But why are they not fighting today? Because we have now come to the end of the traditional war methods that we know. No country, no leader has the luxury of losing people or soldiers. Because it is not as easy to compensate for this as it was in the past. Because now everyone is aware of everything.
They see everything and people can intervene at the slightest crisis point as they wish. Because we are now in the cyber era. We are in the cyber war era. So if you ask, will the third world war be shaped by the economic war models declared by Donald Trump today? I think yes. Well, what is in this? It is now a project to build a new empire based on theories of naval dominance of the United States. First of all, what does the United States give priority to in the new naval doctrine it has built? Naval power. So, is America's naval power in the state it wants today? No. When we move to the war position we call war, can China and America be so bold as to fight each other? This could be a great disaster for both of them. Then let's come to this. Again, from Trump's perspective, ''he will come to an agreement''. Look, tax diplomacy, barter diplomacy. In fact, first barter diplomacy, then tax diplomacy. Trump says that he will sit at the table with everyone. But I will bring politics and economy to such a state that I will bring them to the edge of the cliff. You would think that we are rolling down the cliff, but that cliff-edge diplomacy will make everyone sit at my table and we will come to an agreement.
Look, Russia and North Korea signed an agreement to build a four-kilometer bridge. Let's think of that four-kilometer bridge as the construction of a bridge that will perhaps go around the world. It's a small bridge, but because there will be a possibility that the Northern bloc will be fully integrated thanks to that bridge. Could North Korea, China, Russia and Iran and this unification push South Korea, Japan and the countries in the Pacific that America sees as friends into forming a bloc among themselves? Yes, it can. Well, will it push this by trusting America, or will it do this among themselves? If America says it's raising its walls like it did in 1823, then those Pacific countries need to take care of themselves. The last agreement was signed to give F-16s to the Philippines. That's a bandage. Look, everyone will be isolated. Nobody should trust anybody. This is the complicated equation, this very complicated situation that we're talking about.
Donald Trump said the following about the process in which the European Union turned into a market for itself after 1945, which we call the New Yalta Order, the Bretton Woods System, and which America turned into its own market and the Anglo-Saxon roof was rebuilt. He said, ''I am the representative of the founding fathers and I will be the new voice of the oppressed, the poor, the voiceless Americans against those who have exploited America's resources until now, against those who have ignored us.'' Is this a sincere stance? Or is it putting on a mask and trying to water down another policy of the globalists? Donald Trump saying, ''While on the one hand he says I will support the Gaza massacre, on the other hand I declared war on the globalists'' does not seem sincere to me, frankly. So, does Donald Trump really represent the nationalists? Or is he alone, surrounded by another evangelism, another global gang? It is hard to notice this right now. But the war against the European Union, this global war, or rather the currency war, I think, may provide an environment that will tie Europe more to America or may cause it to be more dependent. Is this a war against the Euro or a war against the institutions of the European Union? It is also difficult to predict. But this understanding of America is strengthening the left and right factions within the European Union even more. This seems like a fragment of the gap policy that dragged the European Union rapidly towards 1919 and 1939, which we call the interwar period.
Today, China has nearly 100 trillion dollars of American bonds. In other words, we are faced with a situation that is actually interlocked and dependent on the economy. If you want to destroy China now, you can say that America is actually shooting itself in the foot. Now, will it present us with a situation where China and America will collude with each other through monetary policy in a new Cold War? In other words, will there be a parceling out in the global world? Will the main actors of this parceling policy be China and America? Will it be Russia plus China - America? Will it be Russia and China against America plus India? Look, it is very difficult to predict this blockage. It is also very difficult to say. But I think China and America will never want to finish each other off or destroy each other. We are entering a process where the Cold War climate will be experienced between China and America through a new monetary policy. I can also say that this will not last 3-5 years, it can spread over a very long period.
Also, it is not possible for America to protect its own inflation and economic balances by increasing these customs duties too much. This is also very important. Therefore, it is proceeding more cautiously. Trump may be talking very harshly in terms of rhetoric, but we also need to see that the reflection of this on the field will not be as strict or as ambitious as Trump's rhetoric. To summarize, the end of the world as we know it is coming and we will face a process where there will be a new global struggle over monetary policy and irregular warfare methods will be used.