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Speaker 1: Stories President Trump hitting Canada and Mexico with twenty five

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Speaker 1: percent tariffs on imports to the United States and doubling

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Speaker 1: tariffs on Chinese goods to twenty percent. President Trump saying

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Speaker 1: the three countries had failed to do enough to stop

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Speaker 1: the flow of the drug fentanyl into the United States.

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Speaker 1: Retaliation coming immediately from China, mostly on agricultural products. Canadian

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Speaker 1: Prime Minister Justin Trudeau said that his country would respond

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Speaker 1: immediately with twenty five percent tariffs on about twenty billion

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Speaker 1: dollars worth of US imports and more than eighty billion

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Speaker 1: dollars of additional dollars worth of imported goods in just

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Speaker 1: about three weeks if the new US tariffs were still

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Speaker 1: in place. Mexico's Economy Ministry said that President Claudia Seinbaum

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Speaker 1: was expected to announce Mexico's response during a news conference

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Speaker 1: this morning.

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Speaker 2: Who is this for?

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Speaker 3: Tell me who is the swing state voter in Pennsylvania,

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Speaker 3: for Nevada Carolina whose issue in this election was I

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Speaker 3: don't think Vadimer Putin is getting enough of what he wants.

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Speaker 3: Tell me who is the median voter in some bell

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Speaker 3: Weather County in Arizona? Who thinks you know what. Russian

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Speaker 3: cyber attacks have gotten so bogged down and difficult. It's

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Speaker 3: getting so it's really difficult to just ransomware a hospital

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Speaker 3: in Arizona these days. Isn't there anything we can do

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Speaker 3: to help with that? Is there a single voter in

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Speaker 3: the United States who thinks that Canada is the bad

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Speaker 3: guy in the world and Russia is the good guy

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Speaker 3: in the world, and so let's threaten Canada and learn

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Speaker 3: Russian Is there anyone who is this for? And what

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Speaker 3: did they do to get all of this? What is

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Speaker 3: Russia given up to get this list of things that

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Speaker 3: they have received in the first six weeks that Donald

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Speaker 3: Trump has been back in the White House. He's the

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Speaker 3: deal maker, right, what's the other side of the deal?

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Speaker 3: This weekend, the foreign policy chief of the European Union said, quote,

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Speaker 3: the free world needs a new leader. The first rest

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Speaker 3: of the free world is trying. This weekend, the Prime

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Speaker 3: Minister of Great Britain and the President of France announced

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Speaker 3: that they would form a new coalition of the willing

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Speaker 3: to support Ukraine, and they hoped they might get support

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Speaker 3: from the United States for that effort. The United States,

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Speaker 3: our government has changed sides in the world and it

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Speaker 3: seems pretty clear they will not be doing that. Our

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Speaker 3: government now sides with Russia and against America's allies. And

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Speaker 3: we spent years trying to figure out why the Republican

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Speaker 3: Party and its new leader would be inclined in that direction.

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Speaker 3: It now sort of doesn't matter. What matters is the

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Speaker 3: new reality is that he controls the government, and that's

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Speaker 3: the way that he has changed the US government's orientation

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Speaker 3: in the world. And it really is hard to imagine

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Speaker 3: what else Putin might want that Trump hasn't already given

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Speaker 3: him in just these six weeks.

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Speaker 4: David Warren Buffett calls these tariffs an act of war.

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Speaker 4: Like Donald Trump I said it the other day, has

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Speaker 4: sort of done the unthinkable. The guy that was willing

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Speaker 4: to deregulate the hell out of anything once to lower.

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Speaker 5: Taxes as much as possible for corporates and be pro business,

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Speaker 5: has somehow killed animal spirits. What are we in for here,

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Speaker 5: because corporates I've talked to are like grinding to a

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Speaker 5: halt because they don't know what these tariffs are going

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Speaker 5: to do to them.

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Speaker 2: Let's just it.

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Speaker 6: I'll pick up on something that Greg said a moment ago,

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Speaker 6: and that is who knows if the president satisfied or

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Speaker 6: when he will be. And I sat down with Christia Freeland,

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Speaker 6: who's making a run to leave the Liberal Party in Canada,

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Speaker 6: and I said, look, Christy, this.

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Speaker 2: Is a dumb question, but what do you have to do?

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Speaker 6: What does Canada have to do to satisfy Donald Trump?

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Speaker 6: She said, it's not a dumb question. I think that's

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Speaker 6: been kind of the animating feature of this entire debate.

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Speaker 6: As he talks about Fentanel, he talks about mcgree, but

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Speaker 6: there's no clear parameters for what these two countries, these

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Speaker 6: two very close allies of the United States, need to do.

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Speaker 6: You ask, what's going to happen next? I mean, we

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Speaker 6: have been on this very rough journey since inauguration day.

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Speaker 6: Would those tariffs be put in place right after the inauguration?

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Speaker 2: They weren't.

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Speaker 6: There was a research study commission that was floated that

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Speaker 6: these would be postponed once and then again we're still

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Speaker 6: seeing floated the notion that there could be more tariffs

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Speaker 6: and specific products and retaliatory tariffs. We know this is

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Speaker 6: a thing he loves, but the uncertain that gris talking

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Speaker 6: about permeates all of this. And to your point, does

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Speaker 6: nothing positive to the animal spirits, to businesses, to consumers

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Speaker 6: who are just frankly wondering.

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Speaker 1: How this is all going to play out overnight imposing

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Speaker 1: tariffs on America's closest allies. The strategy from the White

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Speaker 1: House seems to be to shed as many friends.

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Speaker 6: As possible, as fast as possible.

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Speaker 7: And the long term question is does that.

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Speaker 3: Leave America safer, stronger and greater or ed does it

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Speaker 3: leave it weaker?

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Speaker 1: I mean, you just look, we've at the risk at

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Speaker 1: the moment. Is you pushed the Europeans closer to China,

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Speaker 1: you push the Canadians closer to China, you push the

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Speaker 1: South Koreans closer to a nuclear weapon.

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Speaker 2: And it's hard to see how this strategy plays out

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Speaker 2: well for the United States in the long run. It's

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Speaker 2: hard to see how it plays out well in the

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Speaker 2: short run as well. I mean, I think what the

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Speaker 2: Trump people would say is that if you caught them

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Speaker 2: in private moments, is that friendship and economic deals between

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Speaker 2: the US and Russia, between Trump and Putin will unleash

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Speaker 2: all kinds of animal spirits and energy deals, and of

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Speaker 2: course the deal for Ukrainian minerals, which assume presumably in

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Speaker 2: one form or another, So Lensky will be corralled into

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Speaker 2: accepting that's going to be boom time for American businesses.

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Speaker 2: His view of the world is about deals. It's also

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Speaker 2: about an affinity with Putin. I'm not overlooking that, but

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Speaker 2: it's chiefly, if you want to summarize Trump's view of economics,

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Speaker 2: it's about having lots of deals and punishing those who

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Speaker 2: are in this with the United States. There are no

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Speaker 2: friends in that world. There's just feels that Trump has

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Speaker 2: get in the game in and so that's how they

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Speaker 2: would justify this as a success. But because there is

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Speaker 2: no sort of ethical, pnosophical, or strategic justification for what

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Speaker 2: he's doing.

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Speaker 7: Yeah, I think sometimes Kate, we get a little too

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Speaker 7: complicated in our question. So I think the easiest way

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Speaker 7: we can kind of just ask this is do Americans

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Speaker 7: like the way that Trump's handling his job in compared

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Speaker 7: to how they felt about Joe Biden? So this is

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Speaker 7: the net approval rating. You look at Joe Biden back

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Speaker 7: in twenty twenty four, he was twenty two points underwater.

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Speaker 7: Holy cow, you look at Donald Trump. It's just a

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Speaker 7: different planet entirely. I mean, the Gulf between these two

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Speaker 7: is wider than the Gulf of America or Mexico, depending

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Speaker 7: on which side of the Asia you stand on. He's

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Speaker 7: at plus two. So look at this particular point, Americans

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Speaker 7: are giving Donald Trump the benefit of the doubt. He's

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Speaker 7: doing considerably better than Joe Biden was doing on the

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Speaker 7: handling of the Russia Ukraine conflict, and so on this

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Speaker 7: simple question, I think Americans are saying, Okay, Donald Trump's

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Speaker 7: doing right on this.

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Speaker 1: What about specifically on how they feel about bringing the

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Speaker 1: war to an end?

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Speaker 7: Yeah, okay, So you know, look, questions on this can

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Speaker 7: be quite complicated, but I think this kind of gets

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Speaker 7: at sort of where the American trend line is. Americans

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Speaker 7: on the Russia Ukraine war want a quicker end of

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Speaker 7: the war, but Rushi keeps its captured land. Look at this,

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Speaker 7: fifty percent, fifty percent bear majority, bare majority coming in here,

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Speaker 7: support you Ukraine's right to fight even if it means

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Speaker 7: a long war. That's a forty eight.

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Speaker 2: This is very, very close.

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Speaker 7: But the trend line on this question is so important

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Speaker 7: because that won a quick end of the war. Look

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Speaker 7: at this, you go back to August of twenty twenty two,

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Speaker 7: it was at thirty one percent now or at fifty percent.

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Speaker 7: I mean that is a rocket ship upwards in terms

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Speaker 7: of the Americans who want a quick end to the war,

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Speaker 7: even if it means Russia keeps the captured Ukraine land.

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Speaker 7: Americans are moving closer and closer to wanting a compromise,

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Speaker 7: even if it means that Ukraine doesn't really get what

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Speaker 7: it set out to want at least at the beginning.

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Speaker 2: Of this war.

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Speaker 5: And Americans views on Russia are shifting as well.

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Speaker 7: Absolutely. I mean one of the reasons why we're seeing

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Speaker 7: this as Americans who say Russia is an enemy. You

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Speaker 7: go back to twenty twenty three, it was sixty four percent,

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Speaker 7: and that CBS News You Gov poll it was down

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Speaker 7: to thirty four percent. Now there is a chunk that

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Speaker 7: believes that Russia is an unfriendly nation, but the percentage

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Speaker 7: who believe that they're either an ally or friendly that's

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Speaker 7: up to thirty four percent as well, basically equal to

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Speaker 7: the percentage who say that they're an enemy. So views

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Speaker 7: on Russia have become, let's say, a little less isolated

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Speaker 7: in terms of wanting Russia to be way out there

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Speaker 7: on their own thinking that they're an enemy. At this

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Speaker 7: particular point, they're starting to see Rush a little bit

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Speaker 7: more friendly, and I think that's part of the reason

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Speaker 7: why Americans want to see a compromise at this particular hour.

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Speaker 6: This is the primal screen of a dying regime.

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Speaker 8: Pray for our enemies, because we're going to medieval on

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Speaker 8: these people. There's not got a free shot.

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Speaker 3: All these networks lying about the people, the people have

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Speaker 3: had a belly full of it.

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Speaker 8: I know you don't like Garyad. I know you try

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Speaker 8: to do everything in the world to stop there, but

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Speaker 8: you're not going to stop that. It's going to happen.

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Speaker 1: Where do people like that go to share the big line?

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Speaker 2: Mega media?

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Speaker 6: I wish in my soul, I wish that any of

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Speaker 6: these people had a conscience.

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Speaker 8: Ask yourself, what is my task and what is my purpose?

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Speaker 8: If that answer is to save my country, this country

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Speaker 8: will be saved.

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Speaker 2: War Room.

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Speaker 7: He's your host, Stephen.

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Speaker 4: K ma.

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Speaker 8: It's Tuesday, four March in the year of Our Lord

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Speaker 8: twenty twenty five. Today is the President addresses a joint

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Speaker 8: session of Congress. We normally call it a State of

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Speaker 8: the Union, but traditionally right after the weeks after a

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Speaker 8: president's inaugurated, it is called a Joint Sessions speech to

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Speaker 8: the Joint Session that will take place tonight. We'll have

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Speaker 8: wall to wall coverage on that, on this the most

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Speaker 8: all of important days. The reason is economic warfare kicked

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Speaker 8: in last night, the stroke of midnight night, twelve Eastern

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Speaker 8: standard time. Twenty five percent tariffs on two of our

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Speaker 8: three largest trading partners that would be Mexico and Canada,

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Speaker 8: and a twenty percent tariff on the Chinese Communist Party.

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Speaker 8: It's historic and the way to look at this and

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Speaker 8: also all these negotiations or phony negotiations in Europe. This

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Speaker 8: is geostrategic on one hand of what President Trump's doing

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Speaker 8: with the rapprocheman to Russia and geoeconomic on the other,

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Speaker 8: as he redoes the business model of the United States

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Speaker 8: of America to make sure that people that want to

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Speaker 8: have access to this market, and that means access to you,

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Speaker 8: the underlying underpinning civic society. This Country's made this country

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Speaker 8: free and made the most prosperous nation on earth. They

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Speaker 8: have to pay a premium. And the easiest way to

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Speaker 8: avoid those tariffs is guess what are avoid that premium

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Speaker 8: is move your manufacturing here. You cannot separate out yesterday's

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Speaker 8: announcement by Taiwan Semiticonductor manufacturing company, the largest and most

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Speaker 8: important of all the chip advanced chip design and chip

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Speaker 8: manufacturers in the world, announcing a one hundred billion dollar

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Speaker 8: investment in the state of Arizona to offshore their manufacturing

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Speaker 8: away from the Chinese Communist Party to the United States

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Speaker 8: of America. You couple that with Apple's five hundred billion

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Speaker 8: dollars announcement a week or so ago announcing they were

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Speaker 8: moving their manufacturing from China and even some from India

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Speaker 8: to the United States. They're following President Trump's game plan.

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Speaker 8: What President Trump is saying is that hey, if you

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Speaker 8: move your manufacturing here and create and invest massive amount

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Speaker 8: of capital equipment, And I think yesterday they said there's

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Speaker 8: already been one point seven trillion dollars of investment commitments

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Speaker 8: in the first forty days. Now, some of that is

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Speaker 8: from Masassan and soft Bank in the Golf Emirates and

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Speaker 8: Qatar and Saudi and you know, I'm not crazy about

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Speaker 8: that money. But close to a trillion dollars is from

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Speaker 8: the Hondas and the Apples. In the Taiwan Semiconductor the

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Speaker 8: greatest companies in the world are going to bring high

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Speaker 8: value add at high paying jobs. And also it looks

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Speaker 8: like virtually all of those are going into Red states

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Speaker 8: or MAGA. The world wants to be associated with the MAGA.

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Speaker 8: The ward feels comfortable and safe putting its money in

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Speaker 8: states that are controlled by MAGA. And so this is

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Speaker 8: why President Trump not ratchet up, you know, last night,

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Speaker 8: the economic war. Now there's other answery things that he

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Speaker 8: wants to do with this fentanyl, destroy the cartels, all that,

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Speaker 8: but hey, it's economic warfare. And this is what he's

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Speaker 8: shutting down the kinetic part of the Third World War

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Speaker 8: in Ukraine, He's shutting down the kinetic part of the

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Speaker 8: Third World War. In Israel, he is he is shutting

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Speaker 8: down the potential, the potential for a kinetic part of

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Speaker 8: a Third World war in the Straits of Taiwan, the

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Speaker 8: South China Sea on an invasion of Taiwan. As he

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Speaker 8: extracts right now the manufacturing of the advanced chips that

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Speaker 8: would destroy the American and world economy. And simultaneously he's

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Speaker 8: going to economic war with the Chinese Communist Party twenty

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Speaker 8: percent tariffs and the Chinese Commists Party. Unlike Mexico and

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Speaker 8: unlike the EU and unlike Canada, they didn't say, well,

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Speaker 8: you know, maybe there's a counter we'll thought another tariff.

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Speaker 8: They said, hey, we understand exactly what this is. It's

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Speaker 8: economic warfare. And when the Chinese Communist Party say we

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Speaker 8: will fight you to the bitter in, I like an

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Speaker 8: enemy that's straightforward and up up in your grill. Okay,

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Speaker 8: we're going to walk through the tariffs. We're going to

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Speaker 8: walk through how the tariffs and the economic warfare tied

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Speaker 8: to what's going on in Ukraine. President Trump called their

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Speaker 8: bluff last night. No more arms, no more money for Ukraine. Hey, Europe,

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Speaker 8: you talk a big game, you talk eight hundred being

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Speaker 8: here all this. You haven't put up any money, You've

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Speaker 8: sent no troops. You talk a big game. Put up

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Speaker 8: or shut up, because peace is going to come to

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Speaker 8: Ukraine and Donald John Trump is going to ensure that

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Speaker 8: short commercial break Birch Gold now more than ever I

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Speaker 8: O N at nine nine a birch gold. Whether they

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Speaker 8: got for you a free brochure and it's not that long.

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Speaker 8: How to invest in gold in the era Trump the

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Speaker 8: Modern monetary theory, the idea that broke the world. Birch

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Speaker 8: Gold dot com slash Bannon back in a moment