Steve Bannon talks with author Spencer Morrison on Tariffs 5/31/25 War Room’s Steve Bannon discussed tariffs and China’s dishonest trade policies with author Spencer Morrison. “Where we are right now, and where do you think this thing is going?” Bannon asked regarding tariffs. “So right now the tariffs that negotiation they’re paused, they’re paused for 90 days. The effective tariff rate right now is about 51 percent,” Morrison said. “The reality is here from my perspective. China joined the World Trade Organization in 2001 and in doing so they made a ton of commitments that they would play fair,” Morrison said. “The point of trade for China has nothing to do fair business. They don’t care about American industry. They don’t care about the American…

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