1 00:00:00,800 --> 00:00:03,640 Speaker 1: Somebody had to do it. Roger actually said that Josh 2 00:00:03,640 --> 00:00:05,400 Speaker 1: Schwab was here a little while ago, one of the 3 00:00:05,400 --> 00:00:08,520 Speaker 1: great financial people, and he said he's been waiting for 4 00:00:08,520 --> 00:00:10,959 Speaker 1: forty years for somebody to do what I did, and 5 00:00:11,039 --> 00:00:12,639 Speaker 1: if you didn't do it, you wouldn't have a country, 6 00:00:12,640 --> 00:00:15,680 Speaker 1: it wouldn't be sustainable. So I'm honor to have done it. 7 00:00:16,200 --> 00:00:19,439 Speaker 2: This is a forty seven Morning Update special edition with 8 00:00:19,520 --> 00:00:20,360 Speaker 2: Ben Ferguson. 9 00:00:20,400 --> 00:00:23,400 Speaker 3: It is one fifty one in the morning. Welcome. 10 00:00:23,520 --> 00:00:25,960 Speaker 4: It has been Ferguson with you on the forty seven 11 00:00:26,040 --> 00:00:29,040 Speaker 4: Morning Update, and I've got a special extended show for 12 00:00:29,160 --> 00:00:31,760 Speaker 4: you right now as I am going to be joined 13 00:00:31,960 --> 00:00:34,760 Speaker 4: with Senator Ted Cruz as we are going to give 14 00:00:34,800 --> 00:00:37,639 Speaker 4: you the latest from the Oval Office where he has 15 00:00:37,720 --> 00:00:41,160 Speaker 4: spent more than two hours of the present talking about tariffs. 16 00:00:41,479 --> 00:00:43,680 Speaker 4: We're also going to talk about this insane late night 17 00:00:43,760 --> 00:00:46,879 Speaker 4: vote as well that is happening as I speak at 18 00:00:46,880 --> 00:00:50,040 Speaker 4: one fifty one in the morning, as Democrats are doing 19 00:00:50,120 --> 00:00:53,440 Speaker 4: it to quote protest Donald Trump and his agenda and 20 00:00:53,520 --> 00:00:55,840 Speaker 4: Elon Musk as well. Throw that in there, because you 21 00:00:55,880 --> 00:01:00,720 Speaker 4: know why not. And also something else that's shocking. We 22 00:01:00,880 --> 00:01:06,399 Speaker 4: have Mexico stealing water from America and American farmers. The 23 00:01:06,440 --> 00:01:10,880 Speaker 4: President is now going to stop that, threatening tariffs and 24 00:01:11,200 --> 00:01:15,560 Speaker 4: also sanctions. It's the forty seven Morning Update at one 25 00:01:15,720 --> 00:01:19,319 Speaker 4: fifty one am on Capitol Hill and it starts right now, 26 00:01:19,520 --> 00:01:21,920 Speaker 4: all right, So let's just start. 27 00:01:21,680 --> 00:01:22,880 Speaker 3: With a little bit of color here. 28 00:01:23,480 --> 00:01:25,760 Speaker 4: I gotta say one of the most fun things about 29 00:01:25,760 --> 00:01:31,319 Speaker 4: going to the Oval Office is Donald Trump loves having guests. Yes, 30 00:01:31,680 --> 00:01:36,120 Speaker 4: and the swag that you leave with is just the 31 00:01:36,160 --> 00:01:38,320 Speaker 4: most incredible level of swag. 32 00:01:38,440 --> 00:01:40,440 Speaker 3: And he pays for it out of his own pocket. 33 00:01:40,600 --> 00:01:40,959 Speaker 5: He does. 34 00:01:41,000 --> 00:01:42,400 Speaker 3: It's not the taxpayers. 35 00:01:42,640 --> 00:01:44,480 Speaker 4: So when I went in the first time, it was 36 00:01:44,520 --> 00:01:47,560 Speaker 4: in the last and forty five in those years, and 37 00:01:47,800 --> 00:01:49,720 Speaker 4: they asked if I would come up for State of 38 00:01:49,760 --> 00:01:51,840 Speaker 4: the Union and prep and that, and I was there 39 00:01:51,880 --> 00:01:53,600 Speaker 4: the day the State of the Union. And at the 40 00:01:53,680 --> 00:01:55,360 Speaker 4: end he's like Ferguson, He's like, I know, you got 41 00:01:55,360 --> 00:01:58,000 Speaker 4: three boys at home, what do you need? And I'm like, 42 00:01:58,080 --> 00:02:00,440 Speaker 4: miss President, whatever, you know, if you'd sign say hey, no, 43 00:02:00,480 --> 00:02:02,000 Speaker 4: come over here, and he walks you around the corner 44 00:02:02,040 --> 00:02:04,800 Speaker 4: into the room. He has this like full swag room 45 00:02:05,240 --> 00:02:07,560 Speaker 4: and he's like three different hats of the boys signs him. 46 00:02:07,560 --> 00:02:09,040 Speaker 4: He's like, now one of your son plays golf. He 47 00:02:09,200 --> 00:02:11,160 Speaker 4: signs a pro V one ball from then he gives 48 00:02:11,200 --> 00:02:13,480 Speaker 4: me another sleeve. Then he gives me a golf towel, 49 00:02:13,840 --> 00:02:15,880 Speaker 4: and then he's like, and you're laughing because you're in 50 00:02:15,880 --> 00:02:17,679 Speaker 4: the Oval office, and you're like, I'm going to walk 51 00:02:17,680 --> 00:02:18,360 Speaker 4: out of here. 52 00:02:18,720 --> 00:02:19,680 Speaker 3: With all this stuff. 53 00:02:19,720 --> 00:02:21,200 Speaker 5: To be fair, you're not in the oval. 54 00:02:21,000 --> 00:02:22,840 Speaker 4: Well, no, you're outside of it, but you walk back in. 55 00:02:22,919 --> 00:02:24,400 Speaker 4: You're like holding all this stuff in the. 56 00:02:24,320 --> 00:02:26,400 Speaker 5: Olden you're in the little office next to. 57 00:02:26,360 --> 00:02:28,560 Speaker 3: The open yes, where the swag room is. 58 00:02:29,000 --> 00:02:33,359 Speaker 5: And what happened in that little room. 59 00:02:32,600 --> 00:02:34,760 Speaker 3: Which is one of his favorite stories. He's like, you 60 00:02:34,760 --> 00:02:36,560 Speaker 3: you know where you are right now? Twenty five years Yeah, 61 00:02:36,600 --> 00:02:37,840 Speaker 3: He's like, you know where you are right now? And 62 00:02:37,840 --> 00:02:38,799 Speaker 3: I'm like, where am I right? 63 00:02:39,480 --> 00:02:42,320 Speaker 5: This is where Monica Lewinsky. 64 00:02:44,600 --> 00:02:46,440 Speaker 3: Did not have sex with that man. 65 00:02:47,000 --> 00:02:54,280 Speaker 5: But but but shall we say I don't know? 66 00:02:54,440 --> 00:02:57,440 Speaker 3: Okay, problem, I think I did it perfectly there. 67 00:02:57,919 --> 00:03:00,440 Speaker 5: I'm trying to find a way to say this. Yeah, 68 00:03:00,520 --> 00:03:01,120 Speaker 5: and this is. 69 00:03:01,800 --> 00:03:05,880 Speaker 4: Button did not have sexual organizations with that woman quote unquote, 70 00:03:05,960 --> 00:03:06,560 Speaker 4: but may have. 71 00:03:06,880 --> 00:03:09,959 Speaker 5: But it's also where the blue dress got sullied. There 72 00:03:10,000 --> 00:03:11,920 Speaker 5: you go, that's a great way of putting it, and 73 00:03:11,960 --> 00:03:14,280 Speaker 5: it would be in that room and you kind of 74 00:03:14,280 --> 00:03:16,200 Speaker 5: look around and it's sort of little, and it's now 75 00:03:16,320 --> 00:03:19,280 Speaker 5: filled with if you can imagine the uh. 76 00:03:19,760 --> 00:03:24,040 Speaker 4: Make America Great Again hats, the forty forty five dash 77 00:03:24,120 --> 00:03:24,760 Speaker 4: forty seven. 78 00:03:24,840 --> 00:03:26,760 Speaker 3: I mean it's it's it's legit. 79 00:03:27,080 --> 00:03:29,280 Speaker 5: And he has all these shells full of swag and 80 00:03:29,320 --> 00:03:31,280 Speaker 5: he like says, hey, what do you want? Take whatever 81 00:03:31,320 --> 00:03:31,600 Speaker 5: you want? 82 00:03:31,720 --> 00:03:33,360 Speaker 4: And by the way, there's nothing in there that you 83 00:03:33,360 --> 00:03:35,760 Speaker 4: can buy, so I it's either from there or you 84 00:03:35,800 --> 00:03:36,640 Speaker 4: don't like it's not. 85 00:03:37,040 --> 00:03:38,920 Speaker 5: And he just does that and he pays for it 86 00:03:38,960 --> 00:03:40,960 Speaker 5: all like he's out of his like it's he's paying 87 00:03:41,000 --> 00:03:42,400 Speaker 5: for it himself. But he's like, what do you want? 88 00:03:42,640 --> 00:03:45,520 Speaker 5: You want? Like they had gigantic Maga hats that are 89 00:03:45,560 --> 00:03:48,480 Speaker 5: like twice the size of the normal head, the. 90 00:03:48,440 --> 00:03:50,760 Speaker 4: One that Elon Musk wore that kind of made it famous. 91 00:03:50,840 --> 00:03:52,080 Speaker 4: A lot of people remember he put it on. 92 00:03:52,160 --> 00:03:54,280 Speaker 5: He was like, so he actually pointed that out, and 93 00:03:54,280 --> 00:03:56,640 Speaker 5: so that's the one Elon wears. Yeah, so and it's 94 00:03:56,680 --> 00:04:00,120 Speaker 5: got all this stuff He's got. It's cool stuff. 95 00:04:00,200 --> 00:04:02,600 Speaker 4: So and by the way, the VIP gift is what 96 00:04:02,640 --> 00:04:05,400 Speaker 4: I was told, which I think we can confirm is true. 97 00:04:06,080 --> 00:04:09,400 Speaker 3: Is the cup links. So he looked at me, He's like, Ferguson, 98 00:04:09,600 --> 00:04:12,400 Speaker 3: you need this, can't buy these anywhere, and he hands 99 00:04:12,400 --> 00:04:15,240 Speaker 3: them to me. It was it's presidential cuplinks. They're amazing. 100 00:04:15,280 --> 00:04:17,280 Speaker 3: I still have in this day. You've got a pair 101 00:04:17,320 --> 00:04:17,760 Speaker 3: now as. 102 00:04:17,640 --> 00:04:20,400 Speaker 5: Well, so I do, and I've had a couple of 103 00:04:20,400 --> 00:04:21,839 Speaker 5: presidential cufflinks in the past. 104 00:04:21,920 --> 00:04:24,200 Speaker 3: Yeah, but these are the coolest that. 105 00:04:24,360 --> 00:04:26,680 Speaker 5: These are really damn cool. And I will say his 106 00:04:26,880 --> 00:04:30,799 Speaker 5: challenge coins. So in the military and in law enforcement, 107 00:04:30,839 --> 00:04:33,360 Speaker 5: people carry challenge coins and they're typically about the size 108 00:04:33,400 --> 00:04:35,359 Speaker 5: of a silver dollar. And so if you come to 109 00:04:35,400 --> 00:04:37,400 Speaker 5: my office, you've been to my office. I have one 110 00:04:37,600 --> 00:04:41,160 Speaker 5: entire display of military challenge coins and I probably got 111 00:04:41,160 --> 00:04:42,880 Speaker 5: I don't know, two hundred of them. That is, I've 112 00:04:42,920 --> 00:04:43,760 Speaker 5: traveled the world. 113 00:04:44,440 --> 00:04:45,840 Speaker 3: They give them to you, they get awesome. 114 00:04:45,920 --> 00:04:50,080 Speaker 5: Yeah. And then I have another display of law enforcement 115 00:04:50,160 --> 00:04:54,800 Speaker 5: challenge coins, so police officers, law enforcement. And so the 116 00:04:54,880 --> 00:04:57,320 Speaker 5: two are ones behind my desk. The military is behind 117 00:04:57,360 --> 00:04:59,279 Speaker 5: my desk, and the other is on the other end 118 00:04:59,320 --> 00:05:02,719 Speaker 5: of my office kind of across my desk. So they're 119 00:05:02,800 --> 00:05:06,120 Speaker 5: normally about the size of a silver dollar. Trump this 120 00:05:06,160 --> 00:05:10,240 Speaker 5: evening gave me two challenge coins, and his challenge coins 121 00:05:10,279 --> 00:05:12,520 Speaker 5: are literally three hundred percent the size of it. 122 00:05:12,560 --> 00:05:15,240 Speaker 3: Oh, it is like the size of the tariffy put 123 00:05:15,240 --> 00:05:15,960 Speaker 3: on Chinese gun. 124 00:05:16,640 --> 00:05:17,680 Speaker 5: It's the size of a pancy. 125 00:05:17,880 --> 00:05:19,839 Speaker 3: Yeah, it's a it's a coast. 126 00:05:19,960 --> 00:05:23,159 Speaker 5: It's a coaster that's exactly like And he is one 127 00:05:23,200 --> 00:05:25,760 Speaker 5: that's sort of gold and fancy, and then he's another 128 00:05:25,839 --> 00:05:28,400 Speaker 5: that is gun medal, and he said, actually, these are 129 00:05:28,400 --> 00:05:31,480 Speaker 5: more popular because it's like military gun medal and it 130 00:05:32,160 --> 00:05:33,880 Speaker 5: President of the United States and a really cool coin. 131 00:05:34,040 --> 00:05:35,760 Speaker 3: I love it. That's the fun part about it. 132 00:05:35,920 --> 00:05:37,480 Speaker 4: And you were there, by the way for something that 133 00:05:37,600 --> 00:05:39,640 Speaker 4: was not making big headlines, but it deals with crypto 134 00:05:39,640 --> 00:05:41,520 Speaker 4: and we're going to talk about this in another pot. 135 00:05:41,720 --> 00:05:41,920 Speaker 3: Yeah. 136 00:05:42,000 --> 00:05:44,320 Speaker 5: No, that's exactly right. I was there for a bill signing, 137 00:05:44,680 --> 00:05:49,360 Speaker 5: so legislation that I introduced to repeal an incredibly abusive 138 00:05:49,440 --> 00:05:53,520 Speaker 5: regulation from the Biden administration that harmed the crypto industry, 139 00:05:53,560 --> 00:05:56,760 Speaker 5: and I got it passed through Congress, the President signed 140 00:05:56,800 --> 00:05:58,120 Speaker 5: it into law. And so I've been there for a 141 00:05:58,200 --> 00:06:00,560 Speaker 5: number of bill signings of legislation I've pass But it's 142 00:06:00,560 --> 00:06:03,839 Speaker 5: always cool because you're passing legislation the President signed it 143 00:06:03,839 --> 00:06:04,760 Speaker 5: and suddenly becomes law. 144 00:06:04,880 --> 00:06:06,599 Speaker 3: Did you get to keep the pen? He loves giving 145 00:06:06,640 --> 00:06:07,359 Speaker 3: away the sharpie? 146 00:06:07,680 --> 00:06:10,880 Speaker 5: Yes, and it's not a sharpie. It is much like 147 00:06:10,920 --> 00:06:11,800 Speaker 5: the challenge coin. 148 00:06:12,040 --> 00:06:12,559 Speaker 3: It's huge. 149 00:06:12,680 --> 00:06:16,039 Speaker 5: It is huge. It is probably three hundred percent the 150 00:06:16,080 --> 00:06:16,800 Speaker 5: size of a shark. 151 00:06:16,920 --> 00:06:20,240 Speaker 4: Yeah, it's like oversized. So when he signed my boys hats, 152 00:06:20,279 --> 00:06:22,520 Speaker 4: he goes, here's the pin. Take the pen home, and 153 00:06:22,560 --> 00:06:24,359 Speaker 4: I still have the pen at my desk. It's like 154 00:06:24,880 --> 00:06:27,040 Speaker 4: it's got the and it's got the Trump gold signature 155 00:06:27,080 --> 00:06:27,719 Speaker 4: on the side. 156 00:06:27,920 --> 00:06:28,160 Speaker 3: Yeah. 157 00:06:28,400 --> 00:06:30,960 Speaker 5: So so I'll end up in my office framing that 158 00:06:31,120 --> 00:06:34,440 Speaker 5: signing pen because it's legislation that I passed. That's truly significant. 159 00:06:34,720 --> 00:06:36,479 Speaker 5: And in my office I have a bunch of different 160 00:06:36,480 --> 00:06:39,080 Speaker 5: pieces of legislation signed and a number of them are signed, 161 00:06:39,480 --> 00:06:41,960 Speaker 5: are are framed with the signing pin. So I was 162 00:06:42,000 --> 00:06:45,960 Speaker 5: there for that. But look a couple of things. One, 163 00:06:46,040 --> 00:06:48,560 Speaker 5: we talked a lot about tariffs, and let's rewind two 164 00:06:48,680 --> 00:06:52,000 Speaker 5: days ago. Yep, so we have talked in this last week. 165 00:06:52,040 --> 00:06:55,880 Speaker 5: We've had two podcasts entirely devoted to the Trump tariffs. 166 00:06:55,960 --> 00:06:58,799 Speaker 5: We had one our Friday podcast right after the tariffs 167 00:06:58,800 --> 00:07:01,359 Speaker 5: came out on hundred percent of the podcast was on 168 00:07:01,400 --> 00:07:05,080 Speaker 5: the tariffs, and then our Monday podcast we talked about 169 00:07:05,760 --> 00:07:09,120 Speaker 5: two competing camps in the Trump administration. We talked about 170 00:07:09,640 --> 00:07:13,680 Speaker 5: angels and devils that were on President Trump's soldiers shoulders. 171 00:07:14,480 --> 00:07:19,160 Speaker 5: The angels were urging the President use the leverage of 172 00:07:19,240 --> 00:07:23,080 Speaker 5: the tariffs you've announced to fight for lower tariffs across 173 00:07:23,120 --> 00:07:26,920 Speaker 5: the world to expand market access for America. I emphatically 174 00:07:26,960 --> 00:07:30,280 Speaker 5: agree with that side. The devils and there are voices 175 00:07:30,280 --> 00:07:34,360 Speaker 5: in the administration they want to see massive tariffs in 176 00:07:34,480 --> 00:07:37,440 Speaker 5: perpetuity from America and every other country. I think that's 177 00:07:37,480 --> 00:07:39,920 Speaker 5: a terrible outcome. So we did Monday's podcast. We did 178 00:07:39,960 --> 00:07:42,640 Speaker 5: a deep dive on that. So I will tell you 179 00:07:42,760 --> 00:07:47,520 Speaker 5: and I are sitting here Thursday night. Tuesday night, I 180 00:07:47,680 --> 00:07:51,080 Speaker 5: spent an hour on the phone with President Trump and 181 00:07:51,160 --> 00:07:53,920 Speaker 5: I had several other senators there and we were urging him. 182 00:07:54,000 --> 00:07:57,880 Speaker 5: What I was saying is, listen, the market is in 183 00:07:58,000 --> 00:08:01,560 Speaker 5: free fall. It's dangerous. People are freaking out. 184 00:08:01,680 --> 00:08:01,920 Speaker 3: Sure. 185 00:08:02,880 --> 00:08:05,080 Speaker 5: And my advice to him, and I said, I did 186 00:08:05,120 --> 00:08:07,360 Speaker 5: Hannity Tuesday night, and so I said this on Hannity, 187 00:08:07,520 --> 00:08:09,880 Speaker 5: So this is not secret advice. I said it on 188 00:08:09,960 --> 00:08:12,720 Speaker 5: Fox News to the whole country. I said, my advice is, 189 00:08:12,880 --> 00:08:16,600 Speaker 5: cut a deal now. Pick one or two countries. Cut 190 00:08:16,600 --> 00:08:18,760 Speaker 5: a deal now. I don't care what countries they are. 191 00:08:18,840 --> 00:08:22,560 Speaker 5: Pick one, pick two, and cut a deal where they 192 00:08:22,600 --> 00:08:26,040 Speaker 5: slash their tariffs massively and we slash our terraffs massively. 193 00:08:26,360 --> 00:08:29,000 Speaker 5: I said, I think that will calm the market down enormously. 194 00:08:29,040 --> 00:08:32,240 Speaker 5: That will assuage people that we are headed to a 195 00:08:32,280 --> 00:08:35,120 Speaker 5: world which with much lower tariffs. Which, by the way, 196 00:08:35,160 --> 00:08:39,360 Speaker 5: as I told him, if thirty days, sixty days, ninety 197 00:08:39,440 --> 00:08:42,600 Speaker 5: days from now, we have a world where every country 198 00:08:42,600 --> 00:08:46,280 Speaker 5: on Earth has massively lower tariffs and American farmers and 199 00:08:46,400 --> 00:08:49,200 Speaker 5: ranchers and small businesses and manufacturers are able to export 200 00:08:49,240 --> 00:08:53,000 Speaker 5: all over the world, that will be an historic win, 201 00:08:53,480 --> 00:08:57,240 Speaker 5: like an unprecedented win for American workers and American jobs. 202 00:08:58,000 --> 00:09:01,360 Speaker 5: So that's what I'm urging him. We spent an hour 203 00:09:01,360 --> 00:09:04,560 Speaker 5: on the phone, and I got to say, look, President Trump, 204 00:09:04,600 --> 00:09:06,760 Speaker 5: sometimes when you're urging him to do something, he can 205 00:09:06,800 --> 00:09:08,800 Speaker 5: push back, And in that call, he was kind of 206 00:09:09,040 --> 00:09:12,280 Speaker 5: pushing back and popping back, and he's saying, look, these 207 00:09:12,360 --> 00:09:15,120 Speaker 5: tariffs are great. We're raising a ton of money. What's 208 00:09:15,160 --> 00:09:20,920 Speaker 5: the problem. Spent an hour, but then on Wednesday, the 209 00:09:20,920 --> 00:09:25,040 Speaker 5: President put out an announcement at lunchtime, and his announcement 210 00:09:25,160 --> 00:09:29,520 Speaker 5: was twofold. Number one, he said he was pausing all 211 00:09:29,559 --> 00:09:32,480 Speaker 5: of the reciprocal tariffs he had announced on April second 212 00:09:32,559 --> 00:09:34,200 Speaker 5: for ninety days, for ninety. 213 00:09:34,000 --> 00:09:36,880 Speaker 3: Days, which is enough time to get deals done. 214 00:09:36,960 --> 00:09:39,760 Speaker 5: And number two, he said he was jacking up the 215 00:09:39,800 --> 00:09:42,920 Speaker 5: tariffs on China even more. He said, to one hundred 216 00:09:42,920 --> 00:09:45,439 Speaker 5: and twenty five thousand others, it's actually one hundred and 217 00:09:45,480 --> 00:09:48,160 Speaker 5: twenty five percent, But it's actually one hundred and forty 218 00:09:48,200 --> 00:09:51,640 Speaker 5: five percent because there's an additional twenty percent that he 219 00:09:51,679 --> 00:09:54,520 Speaker 5: had announced as a penalty for their role in fentanyl 220 00:09:54,559 --> 00:09:57,640 Speaker 5: smuggling into this country. Yep, So the total tariffs against 221 00:09:57,720 --> 00:10:00,120 Speaker 5: China are one hundred and forty five percent. Well, he 222 00:10:00,200 --> 00:10:02,480 Speaker 5: announced that. I'll tell you. On Wednesday, I was in 223 00:10:02,679 --> 00:10:05,840 Speaker 5: the Senate Republican lunch, all the Senate Senate Republican senators. 224 00:10:06,080 --> 00:10:09,160 Speaker 5: We have lunch together every Tuesday, Wednesday and Thursday. The 225 00:10:09,200 --> 00:10:12,079 Speaker 5: middle of the lunch, Rick Scott, who hosts the Wednesday lunch, 226 00:10:12,640 --> 00:10:14,720 Speaker 5: Rick Scott looked at his phone and announced, Hey, the 227 00:10:14,760 --> 00:10:18,600 Speaker 5: President's just paused all the teriffs and increased the tariffs 228 00:10:18,600 --> 00:10:25,280 Speaker 5: on China. There wasn't exactly a round of applause, but close, 229 00:10:25,440 --> 00:10:28,199 Speaker 5: pretty damn close. There was literally there was a relief, 230 00:10:28,280 --> 00:10:32,640 Speaker 5: and yes, a palpable sense of relief. And what is 231 00:10:32,760 --> 00:10:40,080 Speaker 5: striking is the market within minutes exploded and stocks sored up. 232 00:10:40,720 --> 00:10:43,400 Speaker 5: So tonight when I was in the Oval, I said, 233 00:10:43,400 --> 00:10:48,080 Speaker 5: miss President, as a result of your decision yesterday, you 234 00:10:48,120 --> 00:10:52,320 Speaker 5: produced the single largest increase in the stock market in 235 00:10:52,400 --> 00:10:55,800 Speaker 5: one day in the history of the United States of America. 236 00:10:56,320 --> 00:10:57,080 Speaker 3: That's a good day. 237 00:10:57,240 --> 00:11:00,880 Speaker 5: That is a massive day. And so I will the 238 00:11:00,960 --> 00:11:03,520 Speaker 5: pause is important. I hope over these next ninety days, 239 00:11:03,520 --> 00:11:06,640 Speaker 5: I hope what we see is as we talked about 240 00:11:06,679 --> 00:11:11,080 Speaker 5: on Monday's pod, they're two paths, massively reducing tariffs for 241 00:11:11,080 --> 00:11:16,040 Speaker 5: everyone or keeping tariffs in perpetuity. Over the next ninety days, 242 00:11:16,080 --> 00:11:19,840 Speaker 5: I hope we see announcement after announcement after announcement of 243 00:11:19,880 --> 00:11:22,840 Speaker 5: our trading partners, all of whom would come running to 244 00:11:22,880 --> 00:11:25,080 Speaker 5: President Trump saying we want to cut a deal. And 245 00:11:25,120 --> 00:11:28,199 Speaker 5: to be clear, none of this would have happened without 246 00:11:28,200 --> 00:11:31,120 Speaker 5: the April second announcement, none of it. 247 00:11:31,360 --> 00:11:33,640 Speaker 4: Well, and Scott Bessett, by the way, he said this 248 00:11:33,800 --> 00:11:36,600 Speaker 4: at the White House when they announced this. He walked 249 00:11:36,600 --> 00:11:39,040 Speaker 4: out and he said, this is all about leverage, which 250 00:11:39,040 --> 00:11:40,000 Speaker 4: is what the President said. 251 00:11:40,040 --> 00:11:41,680 Speaker 3: Take a listen. President's decision. 252 00:11:41,920 --> 00:11:45,280 Speaker 5: There was a president's decision to wait until today. 253 00:11:45,320 --> 00:11:48,400 Speaker 6: And again, as I said in the past, no one 254 00:11:48,520 --> 00:11:51,560 Speaker 6: creates the leverage for himself like President Trumps. 255 00:11:52,280 --> 00:11:54,240 Speaker 4: And he said that, by the way, at the point 256 00:11:54,240 --> 00:11:57,120 Speaker 4: when the Dow was up two thousand points, right, So 257 00:11:57,160 --> 00:12:00,120 Speaker 4: he just announced it, walks out there and then and 258 00:12:00,160 --> 00:12:03,720 Speaker 4: Caroline Levitt also was a reminder like, hey, we're letting 259 00:12:03,720 --> 00:12:05,520 Speaker 4: the rest of the world off the hook, but when 260 00:12:05,559 --> 00:12:08,559 Speaker 4: it comes to China, we're not. She said, this is 261 00:12:08,600 --> 00:12:09,640 Speaker 4: the same press conference. 262 00:12:09,679 --> 00:12:11,480 Speaker 6: And as you all know, the President just put out 263 00:12:11,480 --> 00:12:15,080 Speaker 6: a statement announcing an additional tariff on China. The tariff 264 00:12:15,120 --> 00:12:16,760 Speaker 6: on China will now go up to one hundred and 265 00:12:16,800 --> 00:12:21,000 Speaker 6: twenty five percent because China imprudently decided to retaliate against 266 00:12:21,000 --> 00:12:23,400 Speaker 6: the United States. And as I said at the podium yesterday, 267 00:12:23,720 --> 00:12:26,040 Speaker 6: when you punch at the United States of America, President 268 00:12:26,040 --> 00:12:28,760 Speaker 6: Trump is going to punch back harder. In that same vein. 269 00:12:29,040 --> 00:12:31,839 Speaker 6: We have had more than seventy five countries from around 270 00:12:31,880 --> 00:12:34,600 Speaker 6: the world reach out to President Trump and his team 271 00:12:34,640 --> 00:12:37,760 Speaker 6: here at the White House to negotiate better trade deals 272 00:12:37,800 --> 00:12:41,040 Speaker 6: for the American worker. We have been overwhelmed with the 273 00:12:41,080 --> 00:12:43,200 Speaker 6: amount of requests for countries around the world. I'll let 274 00:12:43,200 --> 00:12:45,680 Speaker 6: the Secretary speak to that. We will continue with the 275 00:12:45,720 --> 00:12:48,959 Speaker 6: tailor made negotiations that I spoke about yesterday. In the meantime, 276 00:12:49,000 --> 00:12:50,960 Speaker 6: there will be a ninety day pause on the reciprocal 277 00:12:51,000 --> 00:12:54,440 Speaker 6: tariffs as these negotiations are ongoing, and the tariff level 278 00:12:54,440 --> 00:12:57,360 Speaker 6: will be brought down to a universal ten percent tariff. 279 00:12:58,600 --> 00:13:02,320 Speaker 3: I mean listened to them, and I think it's pretty clear. 280 00:13:02,400 --> 00:13:04,760 Speaker 5: By the way, I will say this Caroline Levitt, I 281 00:13:04,760 --> 00:13:07,800 Speaker 5: know really well. Yeah, she's a good friend. So Caroline 282 00:13:08,360 --> 00:13:11,520 Speaker 5: ran for Congress in New Hampshire. And she was running 283 00:13:11,520 --> 00:13:13,960 Speaker 5: for Congress, if I remember correctly, she was twenty five 284 00:13:14,040 --> 00:13:14,520 Speaker 5: years old. 285 00:13:14,720 --> 00:13:15,240 Speaker 3: Yeah. 286 00:13:15,280 --> 00:13:18,320 Speaker 5: And by the way, the Constitution the minimum age for 287 00:13:18,400 --> 00:13:20,120 Speaker 5: member Congress is twenty five years old. 288 00:13:20,200 --> 00:13:22,400 Speaker 3: Yep. So she was on the House side, yep, yeap. 289 00:13:23,440 --> 00:13:26,320 Speaker 5: Member Congress is twenty five, a senator is thirty, and 290 00:13:26,360 --> 00:13:28,480 Speaker 5: the president must be thirty five. That's what the Constitution 291 00:13:28,600 --> 00:13:33,080 Speaker 5: lays out. So Caroline was running in New Hampshire. As 292 00:13:33,120 --> 00:13:35,840 Speaker 5: you know, I raised a ton of money for Caroline 293 00:13:35,920 --> 00:13:38,600 Speaker 5: Yep I believe, if I remember correctly, north of one 294 00:13:38,679 --> 00:13:41,920 Speaker 5: hundred thousand dollars to support her campaign, and I flew 295 00:13:41,960 --> 00:13:43,520 Speaker 5: to New Hampshire and campaigned with her. 296 00:13:43,559 --> 00:13:45,679 Speaker 3: She was a great presidentadidate. 297 00:13:45,840 --> 00:13:47,679 Speaker 5: And by the way, I told the President that tonight, 298 00:13:47,760 --> 00:13:50,599 Speaker 5: I said, look, she's she's kicking ass as your press secretary. 299 00:13:51,000 --> 00:13:53,520 Speaker 5: But she was a fabulous and the coolest part. We 300 00:13:53,520 --> 00:13:55,480 Speaker 5: did a huge rally and she rocked it and it 301 00:13:55,520 --> 00:13:58,360 Speaker 5: was a lot of energy and excitement. And then we 302 00:13:58,400 --> 00:14:01,120 Speaker 5: went afterwards to a bar I think it was a 303 00:14:01,200 --> 00:14:03,960 Speaker 5: VFW bar, if I remember correctly, and there were like 304 00:14:04,080 --> 00:14:07,800 Speaker 5: several hundred, mostly veterans, and we were having a beer 305 00:14:07,840 --> 00:14:10,280 Speaker 5: with them and they loved her. It was really cool. 306 00:14:10,280 --> 00:14:12,920 Speaker 5: It was like a fun It was after the event, 307 00:14:13,040 --> 00:14:15,760 Speaker 5: hanging out having a beer with a bunch of New 308 00:14:15,760 --> 00:14:18,480 Speaker 5: Hampshire veterans and it was like a great moment. Now 309 00:14:18,520 --> 00:14:21,440 Speaker 5: she ended up she won the primary. She did not 310 00:14:21,600 --> 00:14:24,320 Speaker 5: win the general, although I pointed out to her tonight 311 00:14:24,360 --> 00:14:26,440 Speaker 5: I said, look that didn't work out, even though you 312 00:14:26,440 --> 00:14:28,800 Speaker 5: were a great candidate. But I said, you know what, 313 00:14:29,400 --> 00:14:32,320 Speaker 5: You'd rather do the job you have now than being. 314 00:14:32,120 --> 00:14:37,480 Speaker 4: A biggest blessing in disguise, because she would have done 315 00:14:37,480 --> 00:14:37,800 Speaker 4: that job. 316 00:14:37,800 --> 00:14:39,280 Speaker 3: She would be the press secretary right now. 317 00:14:39,520 --> 00:14:41,640 Speaker 4: It's amazing how those things happen in your life, when 318 00:14:41,680 --> 00:14:43,240 Speaker 4: you're like, you want things so bad and then you 319 00:14:43,240 --> 00:14:45,040 Speaker 4: don't get it, and then you're like, man, if I 320 00:14:45,080 --> 00:14:47,360 Speaker 4: would have gotten that, where would I look at what 321 00:14:47,440 --> 00:14:48,160 Speaker 4: I would have missed? 322 00:14:48,200 --> 00:14:50,640 Speaker 5: You know the country western song Some of God's greatest 323 00:14:50,640 --> 00:14:52,080 Speaker 5: gifts are unanswered prayers. 324 00:14:52,200 --> 00:14:53,120 Speaker 3: Yeah, oh yeah. 325 00:14:53,160 --> 00:14:55,400 Speaker 5: There have been multiple steps in my life where I 326 00:14:55,480 --> 00:14:59,400 Speaker 5: desperately wanted something I didn't get it. I was crestfallen, 327 00:14:59,440 --> 00:15:01,880 Speaker 5: I was f strated. I used to keep all right, 328 00:15:01,920 --> 00:15:05,480 Speaker 5: this is gonna be sort of a weird admission. When 329 00:15:05,520 --> 00:15:08,600 Speaker 5: I was in high school and college, I literally kept 330 00:15:08,640 --> 00:15:10,400 Speaker 5: a file folder. And by the way, for all of 331 00:15:10,400 --> 00:15:12,440 Speaker 5: you under thirty, you don't know what a file folder is. 332 00:15:12,960 --> 00:15:15,320 Speaker 5: But I had like a file cabinet with a folder. 333 00:15:15,960 --> 00:15:19,080 Speaker 5: You know what it was called? What failures? 334 00:15:19,640 --> 00:15:20,680 Speaker 3: How many were in there? 335 00:15:20,800 --> 00:15:24,560 Speaker 5: A lot? Okay, So look, I was someone I tried 336 00:15:24,600 --> 00:15:26,920 Speaker 5: for things. I applied for things. I wanted to be 337 00:15:26,960 --> 00:15:29,160 Speaker 5: a Rhodes scholar. I applied for the Road scholarship. I 338 00:15:29,160 --> 00:15:30,960 Speaker 5: didn't get it. I was really I was like, damn, 339 00:15:30,960 --> 00:15:32,680 Speaker 5: I'd really like to be a Rhodes scholar. I'm pissed 340 00:15:32,680 --> 00:15:35,920 Speaker 5: I didn't get it. Yeah, but all right, I think 341 00:15:35,920 --> 00:15:38,600 Speaker 5: it's tenth grade. Okay, this is. 342 00:15:40,240 --> 00:15:40,520 Speaker 3: Okay. 343 00:15:40,560 --> 00:15:44,000 Speaker 5: I'm I'm sort of embarrassed. Like you guys know, Ben's 344 00:15:44,000 --> 00:15:46,640 Speaker 5: a jock. He was like a cool kid, and like, 345 00:15:46,800 --> 00:15:47,160 Speaker 5: you know. 346 00:15:47,360 --> 00:15:49,240 Speaker 3: Although I tried hard, I tried hard. 347 00:15:49,280 --> 00:15:51,560 Speaker 5: How thought it be fair? Is a tennis player really 348 00:15:51,640 --> 00:15:52,000 Speaker 5: a job? 349 00:15:52,080 --> 00:15:55,760 Speaker 4: Well, you know it's it's a sort of sec I mean, 350 00:15:55,800 --> 00:15:57,600 Speaker 4: it's not a sc it. 351 00:15:57,240 --> 00:15:59,920 Speaker 5: Is like a tennis player. You're wearing like a white 352 00:16:00,080 --> 00:16:02,520 Speaker 5: eyes on. Like it's not the same. 353 00:16:02,640 --> 00:16:05,440 Speaker 4: Swag we had some we had some nice Nike swag 354 00:16:05,640 --> 00:16:06,960 Speaker 4: like they we did it right. 355 00:16:07,200 --> 00:16:09,880 Speaker 5: I'm just saying you were ball. 356 00:16:10,000 --> 00:16:13,000 Speaker 4: It's not basketball. It's not baseball. I'll give you that. 357 00:16:13,240 --> 00:16:15,440 Speaker 4: I will keep you dunk. No, I cannot dunk. 358 00:16:15,840 --> 00:16:17,280 Speaker 5: I played hoops with you. I knew the answer. 359 00:16:17,400 --> 00:16:18,080 Speaker 3: Yeah I cannot. 360 00:16:18,800 --> 00:16:21,400 Speaker 4: But I wasn't going for a Rhodes scholar. I can 361 00:16:21,440 --> 00:16:23,200 Speaker 4: promise you that. And I didn't have a briefcase. You 362 00:16:23,200 --> 00:16:24,720 Speaker 4: had a briefcase. That's what we're really getting in. 363 00:16:24,800 --> 00:16:28,120 Speaker 5: No, I didn't have a briefcase, I'm sorry, I'm not 364 00:16:28,280 --> 00:16:30,320 Speaker 5: Alex P. Keaton, which no one knows who that was, 365 00:16:31,080 --> 00:16:31,480 Speaker 5: Michael J. 366 00:16:31,640 --> 00:16:33,600 Speaker 3: Fox and Family Ties amazing show. 367 00:16:33,920 --> 00:16:38,960 Speaker 5: But but all right, So in tenth grade, I was 368 00:16:39,040 --> 00:16:41,880 Speaker 5: sitting there in class with my classmates and they were 369 00:16:41,920 --> 00:16:45,480 Speaker 5: talking about, like applying to a scholarship. Yeah, And several 370 00:16:45,520 --> 00:16:47,680 Speaker 5: of my classmates said, well, no, no, I'm not going to apply. 371 00:16:47,800 --> 00:16:50,240 Speaker 5: And I said, well why not? And they said, well, 372 00:16:50,240 --> 00:16:53,840 Speaker 5: if I apply, I might get rejected and I don't 373 00:16:53,840 --> 00:16:55,240 Speaker 5: want to fail, so I'm not going to do it. 374 00:16:55,480 --> 00:16:58,640 Speaker 3: Yeah, And you're like, screw that. I'm going for all 375 00:16:58,640 --> 00:16:58,880 Speaker 3: of it. 376 00:17:00,680 --> 00:17:03,800 Speaker 5: And and I wrote a poem in tenth grade which 377 00:17:03,800 --> 00:17:05,760 Speaker 5: I don't have, but I'm going to try to remember it. 378 00:17:05,800 --> 00:17:08,439 Speaker 5: I don't know that I can remember it exactly. But 379 00:17:10,359 --> 00:17:17,960 Speaker 5: imagine a dreamer walking off a cliff with hopes and aspirations. 380 00:17:19,359 --> 00:17:25,560 Speaker 5: Many would say his steps were foolish, and yet all 381 00:17:25,640 --> 00:17:33,480 Speaker 5: the great inventors, discoverers, and achievers would say nothing ventured, 382 00:17:34,359 --> 00:17:40,800 Speaker 5: nothing gained. And here's another element to complicate the matter. 383 00:17:42,720 --> 00:17:47,959 Speaker 5: What if the walker learned to fly? And this is me, 384 00:17:48,000 --> 00:17:51,680 Speaker 5: as a geeky fifteen year old writing a poem Poe 385 00:17:51,720 --> 00:17:54,080 Speaker 5: inspired me like that was. 386 00:17:54,040 --> 00:17:57,360 Speaker 3: Before chat gbts. You didn't even steal it from anybody. 387 00:17:58,080 --> 00:18:00,840 Speaker 5: Have a cliff, you ain't grown wings fair point, and 388 00:18:00,920 --> 00:18:04,120 Speaker 5: so my I literally had a whole folder of failures 389 00:18:04,160 --> 00:18:06,919 Speaker 5: things I tried to do that that I did not accomplish. 390 00:18:06,920 --> 00:18:09,800 Speaker 5: But if you are are to use another great hero 391 00:18:09,920 --> 00:18:13,120 Speaker 5: of mine, Teddy Roosevelt, Yeah, you know, t R gave 392 00:18:13,160 --> 00:18:16,440 Speaker 5: a great commencement speech about being in the arena, the 393 00:18:16,480 --> 00:18:21,120 Speaker 5: man who is marred by blood and sweat and mud 394 00:18:21,680 --> 00:18:24,760 Speaker 5: in the arena and not one of those cold and 395 00:18:24,840 --> 00:18:29,840 Speaker 5: timid souls who know neither victory nor to feat. 396 00:18:29,720 --> 00:18:30,600 Speaker 3: Nor to feat. 397 00:18:31,600 --> 00:18:34,520 Speaker 5: And so I forget where I'm going on this. 398 00:18:34,960 --> 00:18:39,120 Speaker 3: No, you're you're talking about Caroly. 399 00:18:39,160 --> 00:18:42,119 Speaker 4: I love it, failing it, the going for conquer, the blessing, 400 00:18:42,320 --> 00:18:43,840 Speaker 4: and now it's the biggest thing in her life. So 401 00:18:43,880 --> 00:18:46,080 Speaker 4: you're saying, count your failures because they can be your 402 00:18:46,080 --> 00:18:47,159 Speaker 4: blessings later in life. 403 00:18:47,280 --> 00:18:49,880 Speaker 5: If you have no failures, you've done nothing. 404 00:18:50,119 --> 00:18:52,320 Speaker 3: I just want to prove that right now to my wife. 405 00:18:52,400 --> 00:18:54,600 Speaker 4: How good of a listener I am, because I just 406 00:18:54,680 --> 00:18:56,320 Speaker 4: saved that whole story right there. 407 00:18:56,400 --> 00:19:00,159 Speaker 3: I just want credit for that moment. Anyway, continue you 408 00:19:00,160 --> 00:19:01,359 Speaker 3: going to buy that I don't know. 409 00:19:01,760 --> 00:19:03,639 Speaker 4: Well, see if she listens to the show, because I 410 00:19:03,760 --> 00:19:06,359 Speaker 4: just if she If she doesn't listen, we're both gonna know. 411 00:19:07,200 --> 00:19:16,119 Speaker 5: Well. Look, I will say what happened on tariffs Wednesday 412 00:19:16,320 --> 00:19:18,960 Speaker 5: was a massive day, Number one for the market and 413 00:19:19,560 --> 00:19:23,080 Speaker 5: for a huge search, but number two, the ninety days, 414 00:19:23,280 --> 00:19:27,880 Speaker 5: we have an opportunity. This is not hyperbole. President Trump 415 00:19:28,680 --> 00:19:34,119 Speaker 5: could achieve the greatest victory for jobs and economic growth, 416 00:19:35,680 --> 00:19:38,800 Speaker 5: certainly in our lifetimes and maybe in the history of America. 417 00:19:39,000 --> 00:19:41,360 Speaker 4: Now well, and you reap between the tea leaves here 418 00:19:41,440 --> 00:19:43,439 Speaker 4: like there does seem to be a strategy here, and 419 00:19:43,480 --> 00:19:45,240 Speaker 4: this is some of the genius I do have to 420 00:19:45,240 --> 00:19:47,640 Speaker 4: think of that. I give credit for that. A lot 421 00:19:47,640 --> 00:19:52,400 Speaker 4: of people miss on President Trump. It seems like he's saying, Hey, 422 00:19:53,240 --> 00:19:55,080 Speaker 4: rest of the world, I want to get along with you. 423 00:19:55,680 --> 00:19:58,480 Speaker 4: I'm gonna bust China. They're taking advantage of us. They're 424 00:19:58,480 --> 00:20:01,760 Speaker 4: still in our intellectual property. It's national security issue. We 425 00:20:01,800 --> 00:20:04,240 Speaker 4: witnessed what we witnessed during COVID with them as a nation. 426 00:20:04,720 --> 00:20:06,840 Speaker 4: I want everybody else to succeed, and we're going to 427 00:20:06,920 --> 00:20:09,280 Speaker 4: make sure they don't have all of this leverage over 428 00:20:09,400 --> 00:20:11,359 Speaker 4: not just us, but other partners in the world. 429 00:20:11,560 --> 00:20:14,399 Speaker 5: Yes, but look, the two things I've been urging President 430 00:20:14,440 --> 00:20:16,639 Speaker 5: Trump for a long time on trade to focus on 431 00:20:17,160 --> 00:20:20,680 Speaker 5: are Number One, focus on China. I am all four 432 00:20:20,760 --> 00:20:24,680 Speaker 5: pounding the living daylights out of China. You know, when 433 00:20:24,720 --> 00:20:27,760 Speaker 5: I arrived in the Senate thirteen years ago, what I 434 00:20:27,920 --> 00:20:33,879 Speaker 5: said then is China poses the single largest geopolitical threat 435 00:20:33,920 --> 00:20:36,560 Speaker 5: to the United States over the next one hundred years. 436 00:20:36,600 --> 00:20:36,959 Speaker 3: Amen. 437 00:20:37,240 --> 00:20:41,280 Speaker 5: Now, Ben, when I arrived, that was a lonely voice. 438 00:20:41,480 --> 00:20:45,159 Speaker 5: Almost nobody agreed with me. Every Democrat had disagreed with me, 439 00:20:45,640 --> 00:20:48,840 Speaker 5: and most of the Republicans disagreed with me. They looked 440 00:20:48,880 --> 00:20:51,600 Speaker 5: at China and they saw nothing but dollar signs as 441 00:20:51,600 --> 00:20:54,200 Speaker 5: far as the eye could see. Now the world has changed. 442 00:20:54,200 --> 00:20:56,280 Speaker 5: I think a lot more people have opened their eyes 443 00:20:56,320 --> 00:20:59,560 Speaker 5: to the danger, to the peril. China is fighting a 444 00:20:59,640 --> 00:21:02,160 Speaker 5: thousand year war against the United States. 445 00:21:02,640 --> 00:21:06,199 Speaker 3: And that's not hyperbole, and that's really how they look 446 00:21:06,240 --> 00:21:06,480 Speaker 3: at it. 447 00:21:06,560 --> 00:21:10,160 Speaker 5: And everything we can do to delink our economy from 448 00:21:10,280 --> 00:21:14,080 Speaker 5: China is a good step. So so I've urged President Trump, 449 00:21:14,600 --> 00:21:17,679 Speaker 5: you can't focus on China too much. The more you 450 00:21:17,720 --> 00:21:19,760 Speaker 5: can bring jobs out of China, the more you can 451 00:21:19,800 --> 00:21:22,000 Speaker 5: bring our critical infrastructure out of China. The more you 452 00:21:22,000 --> 00:21:24,560 Speaker 5: can bring pharmaceuticals out of China, the more you can 453 00:21:24,600 --> 00:21:29,560 Speaker 5: bring semiconductors out of China. Everything we depend upon China 454 00:21:29,640 --> 00:21:30,760 Speaker 5: is coming after us. 455 00:21:30,800 --> 00:21:32,760 Speaker 3: And this is national security. Things we depend on. 456 00:21:32,840 --> 00:21:36,199 Speaker 5: It is national security, is economic security. This is a 457 00:21:36,240 --> 00:21:39,240 Speaker 5: fundamental battle. So I am all for focusing on China, 458 00:21:39,960 --> 00:21:43,920 Speaker 5: but the other principal reciprocity. Look, I don't want to 459 00:21:43,960 --> 00:21:47,320 Speaker 5: be overly optimistic. As we mentioned on Monday's podcast, and 460 00:21:47,320 --> 00:21:49,280 Speaker 5: you want to go back and listen to it about 461 00:21:49,320 --> 00:21:56,200 Speaker 5: angels and devils. There are really vocal and outspoken voices 462 00:21:56,240 --> 00:22:00,520 Speaker 5: in the administration who don't want the President to lower 463 00:22:00,600 --> 00:22:04,440 Speaker 5: tariffs in other countries. They want tariffs to be high 464 00:22:04,480 --> 00:22:09,080 Speaker 5: and there forever, and they want the revenue. Look, tariffs 465 00:22:09,080 --> 00:22:11,920 Speaker 5: are producing about two and a half a billion dollars 466 00:22:11,960 --> 00:22:14,639 Speaker 5: a day in revenues. Now, the point I made to 467 00:22:14,680 --> 00:22:17,080 Speaker 5: the President, where are those revenues coming from? 468 00:22:18,200 --> 00:22:18,560 Speaker 3: Tariffs? 469 00:22:18,600 --> 00:22:21,640 Speaker 5: Are taxes? They're coming from American consumers. So yes, it's 470 00:22:21,640 --> 00:22:25,160 Speaker 5: producing a lot of money. But I would much rather 471 00:22:25,280 --> 00:22:27,760 Speaker 5: lower the various to other countries and let our farmers 472 00:22:27,760 --> 00:22:31,520 Speaker 5: and ranchers and small businesses and manufacturers export the hell 473 00:22:31,520 --> 00:22:34,639 Speaker 5: out of it, because I think American businesses can beat 474 00:22:34,760 --> 00:22:39,320 Speaker 5: every company on Earth if there's a fair playing field. 475 00:22:39,560 --> 00:22:42,359 Speaker 5: If most of the countries we trade with there's not 476 00:22:42,440 --> 00:22:46,520 Speaker 5: a fair playing field, and so this opportunity and listen, 477 00:22:47,000 --> 00:22:53,399 Speaker 5: President Trump's negotiation strategy is in some way simple. He 478 00:22:53,480 --> 00:22:55,520 Speaker 5: walks up to people, he smacks him in the head 479 00:22:55,520 --> 00:22:57,840 Speaker 5: with a two by four. I think he backs up 480 00:22:57,840 --> 00:23:00,960 Speaker 5: and negotiates from that. Yeah, and it has proven to 481 00:23:01,000 --> 00:23:05,080 Speaker 5: be an incredibly effective negotiation strategy. So I will say, 482 00:23:05,160 --> 00:23:11,280 Speaker 5: I'm really really glad about Wednesday's pause announcement. It produces 483 00:23:11,320 --> 00:23:13,800 Speaker 5: I noted, the biggest single day increase in the stock 484 00:23:13,840 --> 00:23:17,359 Speaker 5: market in history, and I hope the next ninety days 485 00:23:17,400 --> 00:23:21,920 Speaker 5: we will see deal after deal after deal, slashing tariffs 486 00:23:22,200 --> 00:23:24,520 Speaker 5: and opening markets to American producers. 487 00:23:24,560 --> 00:23:27,600 Speaker 4: Secretary of State Marco Rubio saying something like that in 488 00:23:27,600 --> 00:23:30,040 Speaker 4: the cabinet meeting when he said this about the president, 489 00:23:30,040 --> 00:23:33,920 Speaker 4: and also he said which I think was interesting. He said, 490 00:23:34,000 --> 00:23:35,280 Speaker 4: and I'm going to quote him, he said, one of 491 00:23:35,280 --> 00:23:37,639 Speaker 4: the most important things you'll achieve in your presidency is 492 00:23:37,680 --> 00:23:40,520 Speaker 4: re ordering the world in a proper way. For more 493 00:23:40,560 --> 00:23:43,920 Speaker 4: than thirty one years, multiple administrations have allowed the Chinese 494 00:23:44,000 --> 00:23:47,720 Speaker 4: to de industrialize this country, to take away jobs and 495 00:23:47,760 --> 00:23:51,520 Speaker 4: factories and pillars of our national strength. Like this is 496 00:23:51,760 --> 00:23:55,280 Speaker 4: from a Secretary of State who's saying this is the ballgame. Yes, 497 00:23:55,640 --> 00:23:58,639 Speaker 4: and then National Security is saying this is the ballgame. 498 00:23:58,920 --> 00:24:01,280 Speaker 4: And then producers are saying this is the ballgame, and 499 00:24:01,359 --> 00:24:05,720 Speaker 4: American workers are saying, this is the ballgame. I've never 500 00:24:06,000 --> 00:24:10,320 Speaker 4: seen a moment politically where so many different factions are 501 00:24:10,359 --> 00:24:14,280 Speaker 4: all seen to be aligned and understanding this threat, which 502 00:24:14,320 --> 00:24:17,159 Speaker 4: it's in fact is China. And so you look at 503 00:24:17,160 --> 00:24:20,600 Speaker 4: the next ninety days, it's very important and there's got 504 00:24:20,600 --> 00:24:23,080 Speaker 4: to be deals done. When do you think will start 505 00:24:23,119 --> 00:24:26,080 Speaker 4: to see deals and momentum because it's all about momentum, Right, 506 00:24:26,080 --> 00:24:28,640 Speaker 4: you get one with Vietnam, or you get one with Taiwan, 507 00:24:28,720 --> 00:24:31,160 Speaker 4: or you get one with Malaysia or India wherever it is, right, 508 00:24:31,200 --> 00:24:34,119 Speaker 4: and you start going country by country, when will we 509 00:24:34,160 --> 00:24:36,320 Speaker 4: start see that because that's what the market's now looking for. 510 00:24:36,440 --> 00:24:36,640 Speaker 3: Yeah. 511 00:24:36,640 --> 00:24:39,760 Speaker 5: Look, so what I urged the president Tuesday night is 512 00:24:39,800 --> 00:24:42,040 Speaker 5: negotiate a deal fast. 513 00:24:42,600 --> 00:24:43,000 Speaker 3: I said, I. 514 00:24:43,000 --> 00:24:45,960 Speaker 5: Don't care what country, just get one on the books, 515 00:24:46,040 --> 00:24:48,919 Speaker 5: get one and have it be a massive reduction on 516 00:24:48,960 --> 00:24:52,439 Speaker 5: both sides, because that will assuage people. Okay, this is 517 00:24:52,480 --> 00:24:54,800 Speaker 5: the path we're going down. When you have seventy plus 518 00:24:54,840 --> 00:24:57,600 Speaker 5: countries that are seeking negotiate deals, that takes a little 519 00:24:57,600 --> 00:25:02,360 Speaker 5: bit of time. That's complicated. Yes, and so I really 520 00:25:02,480 --> 00:25:05,359 Speaker 5: like the ninety day pause because it gives you ninety 521 00:25:05,400 --> 00:25:08,199 Speaker 5: days to OSHA deals. And so I hope in the 522 00:25:08,240 --> 00:25:11,760 Speaker 5: next ninety days we see deal after deal after deal, 523 00:25:11,760 --> 00:25:13,040 Speaker 5: and I think it'll build momentum. 524 00:25:13,160 --> 00:25:15,280 Speaker 3: So you think in weeks we'll start seeing the first ones. 525 00:25:19,560 --> 00:25:22,120 Speaker 5: I don't know. I don't know if it'll be weeks 526 00:25:22,240 --> 00:25:25,800 Speaker 5: or thirty to sixty days. I don't know how long 527 00:25:25,840 --> 00:25:26,240 Speaker 5: it takes. 528 00:25:26,560 --> 00:25:28,320 Speaker 3: The ninety days gives us time to do it right. 529 00:25:28,480 --> 00:25:32,360 Speaker 5: Ninety days gives us time to do it right. And 530 00:25:33,480 --> 00:25:35,399 Speaker 5: I have a high level of confidence than in the 531 00:25:35,480 --> 00:25:37,880 Speaker 5: next ninety days we will see a bunch of them. 532 00:25:38,400 --> 00:25:42,040 Speaker 5: How quickly given the ninety day pause, there's not the urgency. 533 00:25:42,080 --> 00:25:43,879 Speaker 5: What I was urging, what I said on Hannity is 534 00:25:43,880 --> 00:25:46,680 Speaker 5: do it now, don't wait a week like do it tomorrow, 535 00:25:47,000 --> 00:25:49,880 Speaker 5: because frankly, the market's freaking out and you don't want 536 00:25:49,880 --> 00:25:52,960 Speaker 5: people's four one ks to go to crap. And so 537 00:25:54,000 --> 00:25:56,760 Speaker 5: I think think there was real value to moving quickly. 538 00:25:57,359 --> 00:26:03,000 Speaker 5: The pause essentially buys you time to then negotiate the deals, 539 00:26:03,240 --> 00:26:05,040 Speaker 5: and I hope that's what they're gonna do. 540 00:26:06,200 --> 00:26:08,280 Speaker 4: All right before you go to this vote at one 541 00:26:08,320 --> 00:26:11,000 Speaker 4: o'clock in the morning. Not a joke, I want to 542 00:26:11,040 --> 00:26:15,439 Speaker 4: ask you about this other I would just say insane 543 00:26:15,440 --> 00:26:18,359 Speaker 4: news because I can't believe they've been allowed to do 544 00:26:18,400 --> 00:26:21,280 Speaker 4: it for so long. And that is that is Mexico 545 00:26:22,320 --> 00:26:25,600 Speaker 4: stealing water, which is suffocating farmers. 546 00:26:25,840 --> 00:26:26,040 Speaker 3: Yeap. 547 00:26:26,320 --> 00:26:32,200 Speaker 4: Specifically, it's happening in Texas and it's making farming industry 548 00:26:32,359 --> 00:26:36,359 Speaker 4: collapse and farmers disappearing from areas because there is no water. 549 00:26:36,760 --> 00:26:38,439 Speaker 5: So let me give you the background because this is 550 00:26:38,480 --> 00:26:41,320 Speaker 5: a really important issue. It's important in Texas, but it's 551 00:26:41,320 --> 00:26:44,679 Speaker 5: important in the country, which is there's a water treaty 552 00:26:44,720 --> 00:26:47,439 Speaker 5: that we signed with Mexico in nineteen forty four, the 553 00:26:47,440 --> 00:26:51,760 Speaker 5: Mexican Water Treaty of nineteen forty four. It obligates Mexico 554 00:26:52,080 --> 00:26:55,000 Speaker 5: to provide three hundred and fifty thousand acre feet of 555 00:26:55,040 --> 00:26:59,720 Speaker 5: water a year to South Texas. That's over a five 556 00:26:59,800 --> 00:27:00,520 Speaker 5: year period. 557 00:27:00,680 --> 00:27:01,000 Speaker 3: Okay. 558 00:27:01,560 --> 00:27:06,720 Speaker 5: For the last five years, Mexico has been openly and 559 00:27:07,040 --> 00:27:12,240 Speaker 5: brazenly violating the treaty. They've not been providing the water 560 00:27:13,080 --> 00:27:16,400 Speaker 5: they are right now in this five year period, one 561 00:27:16,640 --> 00:27:21,760 Speaker 5: point three million acre feet in arrears water they have 562 00:27:21,840 --> 00:27:24,720 Speaker 5: not provided that they've committed by treaty to provide. Now 563 00:27:24,720 --> 00:27:28,000 Speaker 5: what are they doing. They're diverting that water that should 564 00:27:28,040 --> 00:27:31,760 Speaker 5: go to South Texas farmers under the treaty to Mexican farmers. 565 00:27:32,560 --> 00:27:34,800 Speaker 5: And a couple of things are happening. So in South 566 00:27:34,840 --> 00:27:38,399 Speaker 5: Texas there is a massive drought going on. It is 567 00:27:38,520 --> 00:27:42,480 Speaker 5: doing enormous damage to farmers. And when I spent a 568 00:27:42,560 --> 00:27:47,320 Speaker 5: lot of time in South Texas and the damage to farmers, 569 00:27:48,160 --> 00:27:50,880 Speaker 5: we're seeing a lot of South Texas farmers that are 570 00:27:50,920 --> 00:27:54,320 Speaker 5: taking half of their acreage out of production. They're shutting 571 00:27:54,400 --> 00:27:55,879 Speaker 5: down half of their. 572 00:27:55,720 --> 00:27:57,280 Speaker 3: Farms just because they don't have the water to do 573 00:27:57,320 --> 00:27:57,680 Speaker 3: it right. 574 00:27:57,720 --> 00:28:03,440 Speaker 5: They're laying off thousand of workers. So there was one 575 00:28:03,920 --> 00:28:08,800 Speaker 5: sugar mill in all of Texas last year. It shut 576 00:28:08,880 --> 00:28:12,320 Speaker 5: down because of water, and it shut down because the 577 00:28:12,320 --> 00:28:14,520 Speaker 5: sugar farmers did not have the water to raise the 578 00:28:14,560 --> 00:28:16,560 Speaker 5: sugar wow And it's gone. 579 00:28:16,920 --> 00:28:19,879 Speaker 3: And Mexico on the other side, as green as can be. 580 00:28:20,160 --> 00:28:23,080 Speaker 5: It is green as can be the Mexican farmers are prospering. 581 00:28:23,119 --> 00:28:26,760 Speaker 5: They're literally stealing our water. And by the way, like 582 00:28:26,800 --> 00:28:30,359 Speaker 5: President Trump talks a lot about foreign countries taking advantage 583 00:28:30,359 --> 00:28:34,040 Speaker 5: of America's example, this is this is literally the Mexican 584 00:28:34,080 --> 00:28:35,120 Speaker 5: government stealing our water. 585 00:28:35,200 --> 00:28:37,399 Speaker 3: And did Joe Biden do anything to stop this? Zero? 586 00:28:37,560 --> 00:28:39,720 Speaker 5: And he knew about it, so he knew about it. 587 00:28:39,760 --> 00:28:43,880 Speaker 5: So I've engaged this issue. I engaged. I started engaging 588 00:28:43,880 --> 00:28:45,760 Speaker 5: about two years ago. And I started engaging when I 589 00:28:45,760 --> 00:28:47,720 Speaker 5: was down in South Texas and I did a roundtail 590 00:28:47,800 --> 00:28:50,120 Speaker 5: with farmers and they raised this issue to me. And 591 00:28:50,400 --> 00:28:53,560 Speaker 5: two years ago, I didn't know what the water Tree 592 00:28:53,560 --> 00:28:56,840 Speaker 5: of nineteen forty four was, and they explained it to me. 593 00:28:56,960 --> 00:28:58,800 Speaker 5: And at the time they were really worried, We're going 594 00:28:58,880 --> 00:29:02,240 Speaker 5: to lose our sugar mill if this doesn't change. And 595 00:29:02,280 --> 00:29:04,360 Speaker 5: I said, look, I think I can help. I'm going 596 00:29:04,440 --> 00:29:06,920 Speaker 5: to lean in. And I began leaning in aggressively. I 597 00:29:07,040 --> 00:29:11,120 Speaker 5: forced a vote on the Senate floor on an amendment 598 00:29:11,200 --> 00:29:14,040 Speaker 5: to direct the State Department to use every lever point 599 00:29:14,040 --> 00:29:18,240 Speaker 5: we have to force Mexico to comply with a water treaty. 600 00:29:18,440 --> 00:29:22,000 Speaker 5: I got a majority of the senator bipartisan majority, and 601 00:29:22,040 --> 00:29:24,720 Speaker 5: then there's a water commissioner for the United States. I 602 00:29:25,000 --> 00:29:27,040 Speaker 5: leaned in with the water commissioner, said, look, the Senate 603 00:29:27,080 --> 00:29:31,000 Speaker 5: has spoken a bipartisan majority, and here's the fundamental problem. 604 00:29:31,760 --> 00:29:36,080 Speaker 5: Joe Biden didn't give a damn about this. So I 605 00:29:36,160 --> 00:29:39,760 Speaker 5: desperately tried to get the Biden administration to exert leverage, 606 00:29:39,920 --> 00:29:41,160 Speaker 5: and they just didn't care. 607 00:29:41,800 --> 00:29:43,680 Speaker 4: Now, by the way, leverage for Donald Trump at this 608 00:29:43,680 --> 00:29:45,760 Speaker 4: point was him saying, hey, I'm coming after you with 609 00:29:46,200 --> 00:29:49,000 Speaker 4: tariffs or sanctions, so do the right thing now before 610 00:29:49,040 --> 00:29:51,040 Speaker 4: I have to do that, and they know he means it. 611 00:29:51,480 --> 00:29:53,840 Speaker 4: Unlike even if you had that same statement from Joe Biden, 612 00:29:53,840 --> 00:29:54,800 Speaker 4: he ain't gonna do anything. 613 00:29:54,880 --> 00:29:58,280 Speaker 5: So in South Texas cities are also facing massive drought. 614 00:29:58,320 --> 00:30:01,360 Speaker 5: You're literally facing the cities not having enough water for 615 00:30:01,400 --> 00:30:04,600 Speaker 5: their citizens because Mexico's stealing the water. And so I 616 00:30:04,760 --> 00:30:07,960 Speaker 5: leaned in. I could not get the Biden's administration do 617 00:30:08,000 --> 00:30:11,360 Speaker 5: a damn thing. In December, as part of the Continuing Resolution, 618 00:30:12,200 --> 00:30:16,400 Speaker 5: I authored legislation that got adopted that provided two hundred 619 00:30:16,400 --> 00:30:19,560 Speaker 5: and eighty million dollars in emergency relief for Texas farmers 620 00:30:19,600 --> 00:30:23,920 Speaker 5: because they're they're going broke. And we're talking about generational farms, 621 00:30:23,920 --> 00:30:27,040 Speaker 5: farms that have been three or four generations who were 622 00:30:27,080 --> 00:30:30,760 Speaker 5: being bankrupted because their government is not enforcing the treaty 623 00:30:30,800 --> 00:30:35,240 Speaker 5: and they're being starved of water. And so several weeks 624 00:30:35,280 --> 00:30:37,719 Speaker 5: ago I went down to South Texas with Brook Rawlins. 625 00:30:37,720 --> 00:30:41,600 Speaker 5: Brook Rollins is the Secretary of Agriculture. Brooke has been 626 00:30:41,640 --> 00:30:43,880 Speaker 5: a good friend of mine for twenty five years. She's 627 00:30:43,920 --> 00:30:46,800 Speaker 5: a Texan. She's the first Texan in the history of 628 00:30:46,880 --> 00:30:50,360 Speaker 5: the country to be the Secretary of Agriculture. She's also 629 00:30:50,480 --> 00:30:53,040 Speaker 5: the first Secretary of Agriculture ever to go to the 630 00:30:53,120 --> 00:30:56,080 Speaker 5: Rio Grande Valley Wow. And she came to the valley 631 00:30:56,080 --> 00:30:58,080 Speaker 5: at my request. I asked her come down with me, 632 00:30:59,000 --> 00:31:02,680 Speaker 5: and we did. We did a press conference number one 633 00:31:02,720 --> 00:31:04,560 Speaker 5: where she announced I've got two hundred and eighty million 634 00:31:04,600 --> 00:31:07,760 Speaker 5: dollars I'm giving the South Texas farmers because your federal 635 00:31:07,760 --> 00:31:09,800 Speaker 5: government has been screwing you by not getting the water 636 00:31:09,920 --> 00:31:13,560 Speaker 5: back and Mexico is starving you. But we also did 637 00:31:13,600 --> 00:31:16,120 Speaker 5: a roundtable. We did a roundtable with farmers where Brooke 638 00:31:16,160 --> 00:31:20,480 Speaker 5: and I talked with the farmers and the Rio grand 639 00:31:20,560 --> 00:31:26,480 Speaker 5: Valley has been bright blue for one hundred years, in 640 00:31:26,600 --> 00:31:31,600 Speaker 5: twenty twenty four, the Rio Grand Valley flipped red. I 641 00:31:31,680 --> 00:31:34,200 Speaker 5: won the valley and Donald Trump won the valley. 642 00:31:34,600 --> 00:31:35,120 Speaker 3: Incredible. 643 00:31:35,200 --> 00:31:38,280 Speaker 5: That has never happened. I won Hispanic statewide in Texas 644 00:31:38,320 --> 00:31:41,959 Speaker 5: by six points. That's never happened. I have spent an 645 00:31:42,240 --> 00:31:44,880 Speaker 5: enormous amount of time and millions of dollars in the 646 00:31:44,920 --> 00:31:47,120 Speaker 5: valley trying to flip the valley red because I saw 647 00:31:47,160 --> 00:31:49,880 Speaker 5: the potential there. And so I think I've invested more 648 00:31:49,920 --> 00:31:52,600 Speaker 5: than any elected official in Texas in terms of turning 649 00:31:52,920 --> 00:31:55,920 Speaker 5: the valley red. Well, I got to say, sitting there 650 00:31:55,920 --> 00:31:58,440 Speaker 5: at that roundtable, you got farmers and ranchers and you're 651 00:31:58,480 --> 00:32:02,520 Speaker 5: just asking them. Look over the last four years, did 652 00:32:02,600 --> 00:32:05,440 Speaker 5: Joe Biden do a damn thing for you? 653 00:32:05,480 --> 00:32:05,600 Speaker 2: No? 654 00:32:06,000 --> 00:32:07,800 Speaker 3: And that's how you turn this. 655 00:32:07,840 --> 00:32:10,320 Speaker 5: And what I told them as I said, listen, if 656 00:32:10,360 --> 00:32:13,120 Speaker 5: there's one thing you know about Donald Trump, he will 657 00:32:13,160 --> 00:32:16,760 Speaker 5: stand up to foreign countries and fight for you. And 658 00:32:16,800 --> 00:32:21,800 Speaker 5: I made that commitment. And frankly, look, these are voters 659 00:32:22,160 --> 00:32:27,320 Speaker 5: who their entire lives have voted Democrats. Their parents voted Democrat, 660 00:32:27,640 --> 00:32:32,880 Speaker 5: their grandparents voted Democrat, their great grandparents voted Democrat. And 661 00:32:33,000 --> 00:32:35,200 Speaker 5: this last election, for the first time, they pulled the 662 00:32:35,240 --> 00:32:38,320 Speaker 5: lever for a Republican going down there and saying, look, 663 00:32:38,600 --> 00:32:40,640 Speaker 5: we're fighting for you, We're going to get you. The 664 00:32:40,720 --> 00:32:43,960 Speaker 5: damn water is one of the ways you lock those votes. 665 00:32:43,960 --> 00:32:46,800 Speaker 5: And it's a generational shift for Texas. 666 00:32:47,160 --> 00:32:48,800 Speaker 4: By the way, this is the first time for Verdict. 667 00:32:49,680 --> 00:32:51,000 Speaker 4: They've just opened the vote. 668 00:32:51,160 --> 00:32:53,080 Speaker 3: They're only keeping it open for fifteen minutes. 669 00:32:53,440 --> 00:32:54,479 Speaker 5: So I'm gonna go momentario. 670 00:32:54,520 --> 00:32:56,760 Speaker 4: You're gonna go momentarily, which means actually it's about twelve 671 00:32:56,760 --> 00:32:59,360 Speaker 4: minutes because I've a couple minutes behind. Just this is 672 00:32:59,360 --> 00:33:01,000 Speaker 4: why I love doing it, because this is how it 673 00:33:01,040 --> 00:33:02,560 Speaker 4: really works, and it's sanding in the Senate. 674 00:33:03,040 --> 00:33:07,480 Speaker 5: So I will say this. I called President Trump a 675 00:33:07,520 --> 00:33:10,960 Speaker 5: week ago and I said, miss President, would make a 676 00:33:11,080 --> 00:33:14,320 Speaker 5: huge difference if you leaned in personally with the President 677 00:33:14,320 --> 00:33:18,320 Speaker 5: of Mexico and said, provide us the water. 678 00:33:18,480 --> 00:33:19,400 Speaker 3: Yeah, knock it off. 679 00:33:19,440 --> 00:33:21,719 Speaker 5: And he said, I'll tell you what. I'll send a 680 00:33:21,720 --> 00:33:24,760 Speaker 5: truth social post. And so I worked with him on 681 00:33:24,800 --> 00:33:28,200 Speaker 5: the wording of it, and and tonight when I was 682 00:33:28,240 --> 00:33:31,480 Speaker 5: in the Oval, I said, miss President, can you send 683 00:33:31,480 --> 00:33:32,680 Speaker 5: that truth post? 684 00:33:32,880 --> 00:33:33,320 Speaker 3: Yeah? 685 00:33:33,400 --> 00:33:35,120 Speaker 5: He sent it tonight. I'm going to read it to you. 686 00:33:35,840 --> 00:33:41,280 Speaker 5: Here's what President Trump sent this evening. Mexico owes Texas 687 00:33:41,320 --> 00:33:44,560 Speaker 5: one point three million acre feet of water under the 688 00:33:44,640 --> 00:33:49,280 Speaker 5: nineteen forty four Water Treaty, but Mexico is unfortunately violating 689 00:33:49,320 --> 00:33:53,440 Speaker 5: their treaty obligation. This is very unfair and it is 690 00:33:53,560 --> 00:33:58,720 Speaker 5: hurting South Texas farmers very badly. Last year, the only 691 00:33:58,880 --> 00:34:04,120 Speaker 5: sugar mill in Texas closed because Mexico has been stealing 692 00:34:04,200 --> 00:34:08,600 Speaker 5: the water from Texas farmers. Ted Cruz has been leading 693 00:34:08,640 --> 00:34:12,200 Speaker 5: the fight to get South Texas the water it is owed, 694 00:34:13,040 --> 00:34:17,719 Speaker 5: but Sleepy Joe refused to lift a finger to help 695 00:34:17,760 --> 00:34:24,160 Speaker 5: the farmers. This ends now. I will make sure that 696 00:34:24,239 --> 00:34:29,160 Speaker 5: Mexico doesn't violate our treaties and doesn't hurt our Texas farmers. 697 00:34:29,960 --> 00:34:34,760 Speaker 5: Just last month, I halted water shipments to Tijuana until 698 00:34:34,840 --> 00:34:39,319 Speaker 5: Mexico complies with the nineteen forty four water Treaty. My 699 00:34:39,440 --> 00:34:44,040 Speaker 5: Agriculture Secretary Brook Rollins is standing up for Texas farmers 700 00:34:44,719 --> 00:34:51,840 Speaker 5: and we will keep escalating consequences, including TIFFs and maybe 701 00:34:51,920 --> 00:34:58,680 Speaker 5: even sanctions, until Mexico honors the treaty and gives Texas 702 00:34:58,719 --> 00:35:01,239 Speaker 5: the water they are owned and gives Texas the water 703 00:35:01,320 --> 00:35:03,040 Speaker 5: they are owed. Is in all caps. 704 00:35:03,160 --> 00:35:03,640 Speaker 3: There you go. 705 00:35:03,840 --> 00:35:06,480 Speaker 5: That tweet got sent out tonight. I'll tell you in 706 00:35:06,760 --> 00:35:09,719 Speaker 5: just within an hour of that tweet going out, the 707 00:35:09,760 --> 00:35:12,160 Speaker 5: President of Mexico is sent out of tweet saying we're 708 00:35:12,160 --> 00:35:14,320 Speaker 5: gonna fix this. We're gonna fix this, and the Mexican 709 00:35:14,360 --> 00:35:18,960 Speaker 5: government is freaking out. That's what it looks like. The 710 00:35:19,040 --> 00:35:22,560 Speaker 5: later president who is fighting for America, Joe Biden, could 711 00:35:22,560 --> 00:35:24,640 Speaker 5: have done that for four years, but he didn't give 712 00:35:24,640 --> 00:35:28,040 Speaker 5: a flip about farmers in South Texas going out of business. 713 00:35:28,520 --> 00:35:32,200 Speaker 5: The President's tweet, and I can tell you Mexico is 714 00:35:32,480 --> 00:35:35,480 Speaker 5: in the process now negotiating with the state department to 715 00:35:35,560 --> 00:35:38,560 Speaker 5: provide for the water. We're gonna get the water, and 716 00:35:38,640 --> 00:35:41,320 Speaker 5: that's a great that's a great, great victory for Texas 717 00:35:41,360 --> 00:35:41,840 Speaker 5: in America. 718 00:35:41,920 --> 00:35:43,680 Speaker 3: Go vote. You're on the clock now. I love it. 719 00:35:43,880 --> 00:35:46,560 Speaker 2: Thank you for listening to the forty seven Morning Update 720 00:35:46,719 --> 00:35:50,840 Speaker 2: with Ben Ferguson. Please make sure you hit subscribe wherever 721 00:35:50,880 --> 00:35:53,879 Speaker 2: you're listening to this podcast right now and for more 722 00:35:53,920 --> 00:35:57,680 Speaker 2: in depth news, also subscribe to the Ben Ferguson podcast 723 00:35:57,960 --> 00:35:59,759 Speaker 2: and we will see you back here tomorrow.