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Steve Bannon: “It's one third of the world's trade. It's $5 trillion.”

Featuring: Steve Bannon, Former White House Chief Strategist | National

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Steve Bannon's Warning On China's Trade War

Published | Video Starts at 34:29

Because every tanker in the world coming through the Straits of Malacca from the Persian Gulf, you got every huge tanker, you got every boxcar. It's a super highway. 40% of China's energy needs come through the straits. I think It's one third of the world's trade. It's $5 trillion. It is my point. This is a super high. When people say the South China Sea, here's what you got to understand. It's a superhighway of commerce. (34:29–34:32)

CLAIM

Asserts that the South China Sea accounts for one-third of global trade, valued at $5 trillion.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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