1 00:00:00,080 --> 00:00:02,400 Speaker 1: That was up more than seven hundred points, while the 2 00:00:02,560 --> 00:00:07,000 Speaker 1: SMB and Nasdaq futures have added more than one percent 3 00:00:07,240 --> 00:00:11,720 Speaker 1: in value. It comes after another volatile trading session yesterday 4 00:00:12,280 --> 00:00:15,960 Speaker 1: tied to President Trump's tariffs, but the president says he's 5 00:00:16,120 --> 00:00:21,120 Speaker 1: not backing off his trade wars, and when asked if 6 00:00:21,160 --> 00:00:25,560 Speaker 1: the overall tariffs are permanent or open to negotiation, a 7 00:00:25,680 --> 00:00:29,280 Speaker 1: point that his advisors struggled to clarify last week, the 8 00:00:29,320 --> 00:00:32,280 Speaker 1: president insisted that they can. 9 00:00:32,240 --> 00:00:34,000 Speaker 2: Both be true. 10 00:00:34,960 --> 00:00:37,760 Speaker 3: Would you be open to a pause in tariffs allow 11 00:00:37,840 --> 00:00:39,120 Speaker 3: for negotiation. 12 00:00:39,159 --> 00:00:41,000 Speaker 2: Well, we're not look at that. 13 00:00:41,040 --> 00:00:44,720 Speaker 4: We have many, many countries that are coming to negotiate 14 00:00:44,800 --> 00:00:46,960 Speaker 4: deals with US, and they're going to be fair deals. 15 00:00:47,960 --> 00:00:52,000 Speaker 4: In certain cases, they're going to be be paying substantial tariffs. 16 00:00:52,560 --> 00:00:53,400 Speaker 2: They'll be fair. 17 00:00:53,200 --> 00:00:58,720 Speaker 4: Deals that they could be permanent tariffs, and they can 18 00:00:58,760 --> 00:01:01,319 Speaker 4: also be negotiation because there are things that we need 19 00:01:01,360 --> 00:01:05,440 Speaker 4: beyond tariffs. We need open borders. So we're going to 20 00:01:05,440 --> 00:01:08,679 Speaker 4: get fair deals and good deals with every country. And 21 00:01:08,720 --> 00:01:10,200 Speaker 4: if we don't, we're going to have nothing to do 22 00:01:10,280 --> 00:01:13,039 Speaker 4: with them. They're not going to be allowed to participate. 23 00:01:12,440 --> 00:01:13,520 Speaker 2: In the United States. 24 00:01:14,440 --> 00:01:20,559 Speaker 5: And I will say this, virtually every country wants to negotiate. 25 00:01:21,120 --> 00:01:23,240 Speaker 5: If I didn't do what I did over the last 26 00:01:23,640 --> 00:01:27,000 Speaker 5: couple of weeks, you wouldn't have anybody wants to negotiate. 27 00:01:27,160 --> 00:01:29,160 Speaker 5: We would have gone to these countries you want to talk, 28 00:01:29,200 --> 00:01:30,759 Speaker 5: and they will will We don't want to try. 29 00:01:31,080 --> 00:01:33,240 Speaker 2: Now they're coming to us. 30 00:01:34,120 --> 00:01:34,360 Speaker 6: Well. 31 00:01:34,440 --> 00:01:37,520 Speaker 1: The teriff battle with China is escalating to a whole 32 00:01:37,560 --> 00:01:41,440 Speaker 1: new level this morning. In a social media post issued yesterday, 33 00:01:41,840 --> 00:01:46,440 Speaker 1: President Trump threatened an additional fifty percent fifty percent tariff 34 00:01:46,520 --> 00:01:49,960 Speaker 1: on China if the communist nation did not withdraw it's 35 00:01:50,000 --> 00:01:55,480 Speaker 1: thirty four percent retaliatory tariff on US goods by today. 36 00:01:56,120 --> 00:01:59,120 Speaker 1: In response, China said it would quote fight to the 37 00:01:59,320 --> 00:02:04,120 Speaker 1: end and take additional countermeasures against the United States, the 38 00:02:04,160 --> 00:02:09,000 Speaker 1: world's second largest economy, hinted that more retaliatory tariffs against 39 00:02:09,040 --> 00:02:12,440 Speaker 1: the US could be coming. At the same time, the 40 00:02:12,480 --> 00:02:17,240 Speaker 1: European Commission has proposed counter tariffs on twenty five percent 41 00:02:17,600 --> 00:02:20,480 Speaker 1: on a range of US goods in response to President 42 00:02:20,520 --> 00:02:24,520 Speaker 1: Trump's tariffs on steel and aluminum. That's according to a 43 00:02:24,560 --> 00:02:28,960 Speaker 1: document seen by Reuters, which revealed the tariffs on some 44 00:02:29,240 --> 00:02:34,400 Speaker 1: goods would take effect on May sixteenth and others later 45 00:02:34,600 --> 00:02:35,840 Speaker 1: in the year. 46 00:02:35,919 --> 00:02:38,280 Speaker 7: And the Green is going to light up on your screen. 47 00:02:38,360 --> 00:02:41,160 Speaker 7: The opening bell has rung, The press the button, and 48 00:02:41,240 --> 00:02:43,919 Speaker 7: off we go. I'm eager to see how high we 49 00:02:43,960 --> 00:02:46,480 Speaker 7: go in the first few seconds of business. The answer 50 00:02:46,560 --> 00:02:49,160 Speaker 7: is we're up a lot fourteen hundred points on the Dow, 51 00:02:49,240 --> 00:02:51,760 Speaker 7: still rising. That's over three and a half a CE 52 00:02:51,919 --> 00:02:54,760 Speaker 7: significant gain. And look at that, every single one of 53 00:02:54,840 --> 00:02:57,600 Speaker 7: the Dow thirty in the green somebody is buying what 54 00:02:58,080 --> 00:03:01,320 Speaker 7: was one one has just popped into the hes pulled 55 00:03:01,400 --> 00:03:04,720 Speaker 7: back into the green. So that's a full house of green. Yes, 56 00:03:04,880 --> 00:03:07,799 Speaker 7: p five hundred. That's up more than three percent, three 57 00:03:07,800 --> 00:03:11,639 Speaker 7: and third one hundred and sixty nine points the NaSTA composite, 58 00:03:11,720 --> 00:03:15,080 Speaker 7: solid gain right there. We at three point seven percent, 59 00:03:15,160 --> 00:03:16,560 Speaker 7: five hundred and eighty five points. 60 00:03:16,680 --> 00:03:19,880 Speaker 8: Earlier on the show this morning, Treasury Secretary Scott Besson 61 00:03:20,040 --> 00:03:22,400 Speaker 8: joined us and had this to say on where the 62 00:03:22,480 --> 00:03:24,600 Speaker 8: US stands on tariff negotiations. 63 00:03:26,280 --> 00:03:31,799 Speaker 6: President Trump has maximum negotiating leverage right here right now, 64 00:03:32,360 --> 00:03:35,840 Speaker 6: and I think it would be a mistake for anyone 65 00:03:36,040 --> 00:03:43,200 Speaker 6: to think otherwise. And many, as I said, many of 66 00:03:43,200 --> 00:03:48,280 Speaker 6: our trading partners, they have queued up and they have 67 00:03:48,400 --> 00:03:52,880 Speaker 6: kept their cool, they have not escalated and they will 68 00:03:53,080 --> 00:03:56,880 Speaker 6: get priority in the queue. I think it was a 69 00:03:56,920 --> 00:04:01,040 Speaker 6: big mistake, this Chinese escalation, because they're playing with a 70 00:04:01,080 --> 00:04:01,720 Speaker 6: pair of twos. 71 00:04:01,880 --> 00:04:05,160 Speaker 1: We can now look at Republican reaction. A bipartisan Senate 72 00:04:05,200 --> 00:04:09,320 Speaker 1: bill that would curtail a president's power to implement tariffs 73 00:04:09,720 --> 00:04:14,360 Speaker 1: has gained the support of six additional Republicans. Republican Senator 74 00:04:14,440 --> 00:04:17,239 Speaker 1: Chuck Grassley of Iowa is co sponsor of the bill, 75 00:04:17,600 --> 00:04:22,440 Speaker 1: and now Senators Jerry Moren, Lisa Murkowski, Susan Collins, Mitch McDonnell, 76 00:04:22,720 --> 00:04:26,360 Speaker 1: Tom Tillis, and Todd Young have all signed on to. 77 00:04:26,360 --> 00:04:27,240 Speaker 2: Support the measure. 78 00:04:27,520 --> 00:04:31,599 Speaker 1: The legislation would require a president to notify Congress of 79 00:04:31,640 --> 00:04:35,440 Speaker 1: a new tariff within forty eight hours of the implementation 80 00:04:35,680 --> 00:04:39,760 Speaker 1: and explain the reasoning behind it. It would also require 81 00:04:39,839 --> 00:04:44,359 Speaker 1: new tariffs to expire after sixty days unless Congress approves them. 82 00:04:44,800 --> 00:04:47,039 Speaker 1: The White House has already said it would veto the 83 00:04:47,040 --> 00:04:48,839 Speaker 1: bill if it were to pass both the House and 84 00:04:48,880 --> 00:04:53,320 Speaker 1: the Senate. Meanwhile, two sources tell NBC News that during 85 00:04:53,320 --> 00:04:57,800 Speaker 1: a House GOP conference call on Sunday, Republican Congressman Darylyza 86 00:04:57,800 --> 00:05:01,520 Speaker 1: of California asked for a detailed briefing from the White 87 00:05:01,560 --> 00:05:05,520 Speaker 1: House on the tariffs. How Speaker Mike Johnson, for his part, 88 00:05:05,600 --> 00:05:10,719 Speaker 1: as that members trust the process and the president. In addition, 89 00:05:10,800 --> 00:05:13,600 Speaker 1: he told them he'd arrange for someone from the administration 90 00:05:13,720 --> 00:05:16,760 Speaker 1: to talk to the conference. The rumblings and the House 91 00:05:16,920 --> 00:05:20,359 Speaker 1: come as the Upper Chamber has grown more vocal in 92 00:05:20,440 --> 00:05:21,960 Speaker 1: their concerns. 93 00:05:21,640 --> 00:05:23,960 Speaker 7: And the green is going to light up on your screen. 94 00:05:24,040 --> 00:05:26,839 Speaker 7: The opening bell has rung, they press the button, and 95 00:05:26,920 --> 00:05:29,600 Speaker 7: off we go. I'm eager to see how high we 96 00:05:29,640 --> 00:05:32,160 Speaker 7: go in the first few seconds of business. The answer 97 00:05:32,240 --> 00:05:34,840 Speaker 7: is we're up a lot fourteen hundred points on the Dow, 98 00:05:34,920 --> 00:05:38,559 Speaker 7: still rising. That's over three and a half a significant gain. 99 00:05:38,680 --> 00:05:40,839 Speaker 7: And look at that, every single one of the Dow 100 00:05:40,960 --> 00:05:44,920 Speaker 7: thirty in the green. Somebody is buying what one has 101 00:05:44,960 --> 00:05:47,919 Speaker 7: just popped into the red popped back into the green. 102 00:05:47,960 --> 00:05:50,680 Speaker 7: So that's a full house of green s and P 103 00:05:50,839 --> 00:05:53,560 Speaker 7: five hundred. That's up more than three percent, three and 104 00:05:53,680 --> 00:05:57,320 Speaker 7: third one hundred and sixty nine points the NASA composite 105 00:05:57,440 --> 00:06:01,040 Speaker 7: solid gain right there, We're at three point seven five 106 00:06:01,440 --> 00:06:02,279 Speaker 7: and eighty five points. 107 00:06:02,960 --> 00:06:04,599 Speaker 6: Why do you think the market might turn around? 108 00:06:05,520 --> 00:06:08,000 Speaker 9: It's finding a bottom now, it's finding a bottom now. 109 00:06:08,000 --> 00:06:10,320 Speaker 2: But look, here's the thing. 110 00:06:11,200 --> 00:06:14,240 Speaker 9: It's going to shift over and it's going to be 111 00:06:14,400 --> 00:06:16,880 Speaker 9: companies in the S and B five hundred who are 112 00:06:16,880 --> 00:06:19,480 Speaker 9: the first to produce here. Those are the ones going 113 00:06:19,520 --> 00:06:21,640 Speaker 9: to lead to recovery. And it's going to happen down 114 00:06:21,760 --> 00:06:25,640 Speaker 9: fifty thousand. I guarantee that, and I guarantee no recession. Okay, 115 00:06:25,839 --> 00:06:30,160 Speaker 9: why because when we pass the biggest broadest tax cut 116 00:06:30,240 --> 00:06:32,960 Speaker 9: in history within a matter of months, that's going to 117 00:06:33,000 --> 00:06:35,200 Speaker 9: be a great stimus. There's not going to be any inflation. 118 00:06:35,600 --> 00:06:38,120 Speaker 2: We've already had a significant. 119 00:06:37,520 --> 00:06:40,880 Speaker 9: Drop, a huge drop in oil prices low that's like 120 00:06:40,920 --> 00:06:42,360 Speaker 9: a point off the CPI. 121 00:06:42,720 --> 00:06:45,120 Speaker 2: We're going to have lower yields of mortgage. 122 00:06:45,360 --> 00:06:48,400 Speaker 8: But again, the idea that the Speaker of the House, 123 00:06:48,440 --> 00:06:52,320 Speaker 8: the third most powerful person in America, has no better 124 00:06:52,360 --> 00:06:56,720 Speaker 8: answer after eleven trillion dollars of wealth wipe claim than 125 00:06:56,800 --> 00:06:58,480 Speaker 8: to say trust the process. 126 00:06:59,120 --> 00:06:59,920 Speaker 6: I've been in the House. 127 00:07:00,920 --> 00:07:04,080 Speaker 8: That leaves a lot of members of the House not 128 00:07:04,160 --> 00:07:05,240 Speaker 8: trusting the Speaker. 129 00:07:06,800 --> 00:07:07,400 Speaker 2: Yeah, it does. 130 00:07:07,480 --> 00:07:10,280 Speaker 10: I mean, I guess that's Mike Johnson's way of saying, 131 00:07:10,840 --> 00:07:15,280 Speaker 10: we have no a collaboration in this process. It's not 132 00:07:15,360 --> 00:07:19,040 Speaker 10: just true of Republicans in Congress, Republican leaders in Congress. 133 00:07:19,400 --> 00:07:24,280 Speaker 10: It's true most of the time, seemingly of Trump's cabinet officials, 134 00:07:24,320 --> 00:07:27,560 Speaker 10: people like Scott Vessant of Treasury, are clearly not in 135 00:07:27,640 --> 00:07:32,280 Speaker 10: the loop here and find themselves floundering on TV trying 136 00:07:32,280 --> 00:07:35,760 Speaker 10: to explain what Trump has just done. Look, I think 137 00:07:35,760 --> 00:07:39,200 Speaker 10: what sort of deeper problem here is trust in the 138 00:07:39,200 --> 00:07:40,080 Speaker 10: American system. 139 00:07:40,120 --> 00:07:41,600 Speaker 2: The world has got used to. 140 00:07:43,040 --> 00:07:47,440 Speaker 10: Over history and over dealing with America, the very famous, 141 00:07:47,880 --> 00:07:51,840 Speaker 10: justly famous checks and balances that are built into the 142 00:07:51,880 --> 00:07:57,520 Speaker 10: American system. What we have happening now is essentially a 143 00:07:57,600 --> 00:08:00,800 Speaker 10: king or a Roman emperor crooking his finger and the 144 00:08:00,840 --> 00:08:03,640 Speaker 10: market goes up to trillion, uncrooking it, it goes down 145 00:08:03,680 --> 00:08:07,640 Speaker 10: to trillion. That kind of power in one man is 146 00:08:07,640 --> 00:08:13,720 Speaker 10: an extraordinary situation that I think is causing real nervousness. 147 00:08:13,760 --> 00:08:16,960 Speaker 10: We've been amongst foreign investors, and you know, you know 148 00:08:17,040 --> 00:08:21,520 Speaker 10: that huge share of American debt, of US treasury debt, 149 00:08:21,760 --> 00:08:25,920 Speaker 10: is held by foreign countries. And yesterday we started seeing 150 00:08:25,960 --> 00:08:29,960 Speaker 10: ten year treasury bonds and thirty year treasury bonds being 151 00:08:30,000 --> 00:08:30,520 Speaker 10: sold off. 152 00:08:30,560 --> 00:08:31,160 Speaker 2: These are the. 153 00:08:31,240 --> 00:08:34,760 Speaker 10: Safe assets that you fly to, you know, in COVID 154 00:08:34,920 --> 00:08:38,280 Speaker 10: in the eight meltdown. Whenever there's a panic, you flee 155 00:08:38,320 --> 00:08:42,800 Speaker 10: to treasury bonds. I think that there's a reevaluation now 156 00:08:42,840 --> 00:08:47,720 Speaker 10: going on about how safe those assets are. And that's 157 00:08:47,800 --> 00:08:51,720 Speaker 10: because the foreign holders of these assets are worried about 158 00:08:52,040 --> 00:08:55,440 Speaker 10: who's in judge of the United States. The Speaker doesn't 159 00:08:55,480 --> 00:08:58,120 Speaker 10: know what he's going to do next. His Treasury secretary 160 00:08:58,160 --> 00:09:00,800 Speaker 10: doesn't know what he's going to do next. This is 161 00:09:00,920 --> 00:09:06,480 Speaker 10: essentially a Roman emperor having fun with this extraordinary power 162 00:09:07,000 --> 00:09:10,880 Speaker 10: over global asset markets. It's not a good thing, and 163 00:09:10,920 --> 00:09:12,240 Speaker 10: it's not a very American thing. 164 00:09:15,480 --> 00:09:19,000 Speaker 2: This is the final scream of a dining regime. 165 00:09:20,360 --> 00:09:23,599 Speaker 3: Pray for our enemies, because we're going to medieval on 166 00:09:23,640 --> 00:09:27,040 Speaker 3: these people. You're not going to free shot all these 167 00:09:27,040 --> 00:09:29,640 Speaker 3: networks lying about the people. 168 00:09:29,679 --> 00:09:31,720 Speaker 2: The people have had a belly full of it. I 169 00:09:31,760 --> 00:09:33,600 Speaker 2: know you don't like hearing that. I know you tried 170 00:09:33,600 --> 00:09:34,839 Speaker 2: to do everything in the world to stop it, but 171 00:09:34,880 --> 00:09:36,840 Speaker 2: you're not going to stop it. It's going to happen. 172 00:09:36,960 --> 00:09:39,160 Speaker 6: And where do people like that go to share the 173 00:09:39,160 --> 00:09:43,640 Speaker 6: big line? Mega media? I wish in my soul, I 174 00:09:43,720 --> 00:09:46,520 Speaker 6: wish that any of these people had a conscience. 175 00:09:47,200 --> 00:09:50,400 Speaker 2: Ask yourself, what is my task? And what is my purpose. 176 00:09:51,040 --> 00:09:55,199 Speaker 3: If that answer is to save my country, this country 177 00:09:55,480 --> 00:09:57,200 Speaker 3: will be saved. 178 00:09:57,240 --> 00:09:59,760 Speaker 2: Worry, use your host, Stephen. 179 00:10:06,360 --> 00:10:09,280 Speaker 3: It's Tuesday, eight April on the Everlore twenty twenty five, 180 00:10:09,480 --> 00:10:12,920 Speaker 3: at least this morning overnight in the futures market and 181 00:10:12,960 --> 00:10:15,680 Speaker 3: in Asia and even in Europe, and now that it 182 00:10:15,679 --> 00:10:18,240 Speaker 3: looks like could be turned around, Tuesdays started that way 183 00:10:19,280 --> 00:10:23,640 Speaker 3: in the stock markets here Dell Jones sp et cetera 184 00:10:24,360 --> 00:10:28,600 Speaker 3: kind of a robust bounce on heavy trading as it 185 00:10:28,720 --> 00:10:32,320 Speaker 3: appears now that the nations of the Earth are taking 186 00:10:32,320 --> 00:10:37,280 Speaker 3: President Trump in Secretary Bessant and Peter Navarre seriously that 187 00:10:38,880 --> 00:10:43,160 Speaker 3: this is a new reordering of the world trading system. 188 00:10:43,840 --> 00:10:48,280 Speaker 3: President Trump is standing up like no one's ever stood 189 00:10:48,320 --> 00:10:52,319 Speaker 3: up for American workers in to be brutally frank bentt 190 00:10:52,360 --> 00:10:56,000 Speaker 3: the history of the United States, all the populist leaders, 191 00:10:56,000 --> 00:10:59,480 Speaker 3: all the Democrat leaders, even Ronald Reagan, no one's ever 192 00:10:59,520 --> 00:11:02,720 Speaker 3: stood up up for American workers in the American middle 193 00:11:02,720 --> 00:11:09,200 Speaker 3: class like President Trump. He is bending the nations of 194 00:11:09,240 --> 00:11:12,760 Speaker 3: the Earth to the sovereign will of the American people. 195 00:11:12,800 --> 00:11:15,360 Speaker 3: They elected President Trump, and they elected him on this 196 00:11:16,200 --> 00:11:18,160 Speaker 3: that he was going to put America first and he 197 00:11:18,280 --> 00:11:23,080 Speaker 3: was going to stop the globalists from stealing from this country, 198 00:11:23,120 --> 00:11:25,880 Speaker 3: from ripping off this country. And that's what's happening. Ed Luce, 199 00:11:26,960 --> 00:11:30,200 Speaker 3: the last gentleman there is one of the senior editors 200 00:11:30,600 --> 00:11:35,000 Speaker 3: from the Financial Times of London, and at the end 201 00:11:35,080 --> 00:11:37,160 Speaker 3: he goes, I mean, they're just in a tizzy. 202 00:11:37,200 --> 00:11:39,120 Speaker 2: How can one man have this kind of power? 203 00:11:39,480 --> 00:11:43,680 Speaker 3: When Speaker Johnson is just repeating the mantra of the 204 00:11:43,720 --> 00:11:46,959 Speaker 3: war room, trust the process. What do we say with 205 00:11:47,040 --> 00:11:49,120 Speaker 3: the last couple of days, you have to just set 206 00:11:49,200 --> 00:11:52,320 Speaker 3: up a process. If you set up a process and 207 00:11:52,400 --> 00:11:55,120 Speaker 3: I may say you're negotiating, just to hear your trading 208 00:11:55,160 --> 00:11:57,720 Speaker 3: partners come in and say, hey, we may have a 209 00:11:57,760 --> 00:12:01,680 Speaker 3: different calculation on and on the reciprocity. 210 00:12:02,600 --> 00:12:04,160 Speaker 2: We don't understand how you. 211 00:12:04,080 --> 00:12:08,959 Speaker 3: Calculated currency manipulation and counterfeiting and all the other non 212 00:12:09,200 --> 00:12:10,840 Speaker 3: tarioff barriers we put up. 213 00:12:11,679 --> 00:12:12,559 Speaker 2: So there are no. 214 00:12:14,040 --> 00:12:18,280 Speaker 3: Fords sold into Japan or into South Korea. By the way, 215 00:12:18,320 --> 00:12:22,160 Speaker 3: President Trump just put up a huge post about South 216 00:12:22,200 --> 00:12:25,560 Speaker 3: Korea that they've called him the interim president there because 217 00:12:25,559 --> 00:12:27,880 Speaker 3: they've had a coupay the Chinese Companist Party. The interim 218 00:12:27,960 --> 00:12:31,319 Speaker 3: president there is all over and sending a team also 219 00:12:31,360 --> 00:12:35,079 Speaker 3: to sit down Is as is Japan. The hammer's been 220 00:12:35,120 --> 00:12:37,959 Speaker 3: dropped on the hammer's been dropped on the Chinese companies party. 221 00:12:38,000 --> 00:12:40,080 Speaker 3: We're going to have more of that as the morning unfolds. 222 00:12:41,000 --> 00:12:47,960 Speaker 3: But to Scott Besson's point, we have maximum, maximum negotiating leverage, 223 00:12:48,000 --> 00:12:51,239 Speaker 3: and we know President Trump is a maximalist. There, there's 224 00:12:51,320 --> 00:12:54,640 Speaker 3: right there from South Korea, President Trump going through. You know, 225 00:12:54,679 --> 00:12:57,319 Speaker 3: in South Korea has been particularly for non trade barrier 226 00:12:57,360 --> 00:12:59,560 Speaker 3: has been very tough. Japan has been very tough for 227 00:12:59,600 --> 00:13:02,040 Speaker 3: non trade barriers. The EU is very tough for non 228 00:13:02,080 --> 00:13:06,680 Speaker 3: trade barriers. This is all changing in front of us. 229 00:13:07,640 --> 00:13:09,560 Speaker 3: And what do you have you still have for caulcion 230 00:13:10,280 --> 00:13:16,000 Speaker 3: elements that oh ohe their political careers of President Trump, 231 00:13:16,720 --> 00:13:19,360 Speaker 3: Tom tell Us in North Carolina and others trying to 232 00:13:19,440 --> 00:13:22,840 Speaker 3: trying to work with Democrats, and Democrats say that they're 233 00:13:23,400 --> 00:13:28,160 Speaker 3: supporters of the working people and supporting supporting the unions, 234 00:13:28,200 --> 00:13:34,520 Speaker 3: and supporting manufacturing outside of Fetterman and Rocanna, that's just 235 00:13:34,600 --> 00:13:40,439 Speaker 3: not true. They're siding with, including Elizabeth Warren. They're siding 236 00:13:40,480 --> 00:13:44,040 Speaker 3: with the sociopathic overlords of easy money on Wall Street. 237 00:13:45,360 --> 00:13:50,840 Speaker 3: They are siding with the narcissistic globalists of the apartheid 238 00:13:50,960 --> 00:13:56,360 Speaker 3: state of Silicon Valley. This fight can be narrative, just 239 00:13:56,440 --> 00:14:00,200 Speaker 3: could be bowled down to two things. Number one, want 240 00:14:00,240 --> 00:14:04,280 Speaker 3: to bring high value added manufacturing jobs back here to 241 00:14:04,280 --> 00:14:07,520 Speaker 3: the United States of America and to have American citizens 242 00:14:08,360 --> 00:14:17,000 Speaker 3: fill those jobs to recreate the dynamism of America as 243 00:14:17,040 --> 00:14:22,280 Speaker 3: a manufacturing superpower. This fight continues. The Coach and Leonard 244 00:14:22,360 --> 00:14:24,680 Speaker 3: Lee are taking President Trump to court, going to a 245 00:14:24,680 --> 00:14:29,400 Speaker 3: federal courts that surprise you, big court reversals on trying 246 00:14:29,400 --> 00:14:34,880 Speaker 3: to stop President Trump, on the unitary executive theory, or 247 00:14:34,920 --> 00:14:37,640 Speaker 3: as some of the worroom injuryom tells me, Hey, Steve 248 00:14:37,720 --> 00:14:38,640 Speaker 3: just called Article two. 249 00:14:38,720 --> 00:14:41,280 Speaker 2: He's just being president. Not a theory, it's a fact. 250 00:14:42,480 --> 00:14:43,360 Speaker 2: I'm listening to you. 251 00:14:44,240 --> 00:14:48,960 Speaker 3: Short commercial break, It's a morning I've turnaround Tuesday. 252 00:14:48,960 --> 00:15:00,720 Speaker 11: Here in the war room Freedom a partisan privileged resolution 253 00:15:01,360 --> 00:15:04,640 Speaker 11: to end the latest crop of global tariffs that are 254 00:15:04,720 --> 00:15:10,440 Speaker 11: clabboring American families and small businesses. Members on both sides 255 00:15:10,480 --> 00:15:12,160 Speaker 11: of the aislaw to know that this is a call 256 00:15:12,240 --> 00:15:15,440 Speaker 11: to action and Congress must step in to reign this 257 00:15:15,680 --> 00:15:17,160 Speaker 11: president on trade. 258 00:15:17,240 --> 00:15:22,920 Speaker 12: Thank you, Miss Chairman, Thank you Senator Widen An, Ambassador Greer, 259 00:15:22,960 --> 00:15:24,240 Speaker 12: you may now make your statement. 260 00:15:26,320 --> 00:15:29,360 Speaker 13: Thank you, Chairman Crapo, Ranking Member Widen and members of 261 00:15:29,360 --> 00:15:32,080 Speaker 13: the Committee. I appreciate you taking the time today for 262 00:15:32,120 --> 00:15:35,960 Speaker 13: this hearing. Last Wednesday, President Trump declared a national emergency 263 00:15:36,000 --> 00:15:38,640 Speaker 13: in response to the large and persistent trade deficit that 264 00:15:38,680 --> 00:15:41,880 Speaker 13: has built up in recent years. This deficit is driven 265 00:15:41,880 --> 00:15:44,840 Speaker 13: in part by non reciprocal tariffs, trading barriers, and other 266 00:15:44,880 --> 00:15:49,320 Speaker 13: economic policies pursued by our foreign trading partners. The situation 267 00:15:49,480 --> 00:15:52,800 Speaker 13: is urgent. President Trump and post tariffs to address this emergency, 268 00:15:53,280 --> 00:15:56,520 Speaker 13: and these measures are aimed squarely at achieving reciprocity and 269 00:15:56,560 --> 00:16:00,080 Speaker 13: reducing our massive trade deficit to reshot production in the 270 00:16:00,160 --> 00:16:04,280 Speaker 13: United States. This National emergency declaration and terrifaction is the 271 00:16:04,320 --> 00:16:07,440 Speaker 13: most significant change in US trade policy since we allowed 272 00:16:07,520 --> 00:16:10,680 Speaker 13: China to join the World Trade Organization. The American working 273 00:16:10,720 --> 00:16:14,440 Speaker 13: class in particular has suffered concentrated losses from the so 274 00:16:14,520 --> 00:16:17,520 Speaker 13: called China Shock and other adverse effects of past trade 275 00:16:17,520 --> 00:16:20,240 Speaker 13: policy and the conditions that give rise to this massive 276 00:16:20,240 --> 00:16:24,560 Speaker 13: trade deficit. You've heard some of these numbers before. The 277 00:16:24,640 --> 00:16:27,800 Speaker 13: United States has lost five million manufacturing jobs and ninety 278 00:16:27,880 --> 00:16:31,800 Speaker 13: thousand factories since nineteen ninety four. President Biden left with 279 00:16:31,880 --> 00:16:34,840 Speaker 13: a one point two trillion trade deficit in goods, the 280 00:16:35,000 --> 00:16:36,680 Speaker 13: largest of any country in. 281 00:16:36,640 --> 00:16:38,120 Speaker 2: The history of the world. 282 00:16:38,840 --> 00:16:41,800 Speaker 13: The United States share of world manufacturing output declined from 283 00:16:41,800 --> 00:16:43,800 Speaker 13: two thousand and one to last year. In the fourth 284 00:16:43,880 --> 00:16:47,080 Speaker 13: quarter of twenty twenty four, US manufacturing as a share 285 00:16:47,160 --> 00:16:49,120 Speaker 13: of gross domestic product was the lowest had been in 286 00:16:49,160 --> 00:16:53,160 Speaker 13: twenty years. During COVID, we were unable to procure semiconductors 287 00:16:53,160 --> 00:16:56,480 Speaker 13: to build our cars or materials for pharmaceuticals and personal 288 00:16:56,480 --> 00:17:00,480 Speaker 13: productive equipment. During World War Two, we built nearly nine 289 00:17:00,480 --> 00:17:03,040 Speaker 13: thousand ships. Last year of the United States built only 290 00:17:03,120 --> 00:17:08,320 Speaker 13: three ocean going vessels. Our agricultural trade balance, which historically 291 00:17:08,320 --> 00:17:11,560 Speaker 13: resulted in trade surpluses for our farmers, was in deficit 292 00:17:11,760 --> 00:17:14,480 Speaker 13: the last two years of the Biden administration, and likely 293 00:17:14,520 --> 00:17:17,120 Speaker 13: we'll take some time to recover. These are all serious 294 00:17:17,119 --> 00:17:20,560 Speaker 13: indicators of an economic and national security emergency, and we 295 00:17:20,600 --> 00:17:23,920 Speaker 13: can't ignore it. One important driver of these negative trends 296 00:17:23,920 --> 00:17:27,000 Speaker 13: has been unfair, unbalanced, and non reciprocal trade. This includes 297 00:17:27,040 --> 00:17:29,760 Speaker 13: the effect of higher tariffs imposed by other countries on 298 00:17:29,800 --> 00:17:32,720 Speaker 13: the United States, the effect of non tariff measures that 299 00:17:32,760 --> 00:17:36,680 Speaker 13: promote other countries exports and obstruct US exports, and other 300 00:17:36,760 --> 00:17:42,040 Speaker 13: foreign economic policies favoring overproduction and degrading America's manufacturing capacity 301 00:17:42,600 --> 00:17:44,800 Speaker 13: and the lack of reciprocity is an important driver of 302 00:17:44,840 --> 00:17:47,760 Speaker 13: our global trade deficit and with particular countries, so it's 303 00:17:47,800 --> 00:17:51,520 Speaker 13: common sense to focus on these indicators. For example, the 304 00:17:51,560 --> 00:17:54,320 Speaker 13: European Union can sell US all the shellfish they want, 305 00:17:54,880 --> 00:17:57,960 Speaker 13: but the EU banned shellfish from forty eight states. The 306 00:17:58,040 --> 00:18:01,760 Speaker 13: result is a trade deficit and Elfish with the EU. 307 00:18:01,960 --> 00:18:04,480 Speaker 13: We only charge a two point five percent tariff on ethanol, 308 00:18:04,600 --> 00:18:07,280 Speaker 13: but Brazil charges US in eighteen percent tariff. The result, 309 00:18:07,720 --> 00:18:09,920 Speaker 13: we have a large trade deficit in ethanol with Brazil. 310 00:18:10,560 --> 00:18:14,480 Speaker 13: Our average tariff on agricultural goods is five percent, but 311 00:18:14,560 --> 00:18:17,800 Speaker 13: India's average tariff is thirty nine percent. You understand the 312 00:18:17,800 --> 00:18:20,960 Speaker 13: trend here. Our trade deficit driven by these non reciprocal 313 00:18:21,000 --> 00:18:24,639 Speaker 13: conditions is a manifestation of the loss of the nation's 314 00:18:24,640 --> 00:18:28,400 Speaker 13: ability to make, to grow, to build, and the president 315 00:18:28,480 --> 00:18:31,640 Speaker 13: recognizes the urgency of the moment. On the first day 316 00:18:31,640 --> 00:18:35,000 Speaker 13: of a second term, President Trump issued a comprehensive memorandum 317 00:18:35,040 --> 00:18:37,800 Speaker 13: setting out his trade policy directive, and over the past 318 00:18:37,880 --> 00:18:40,960 Speaker 13: ten weeks he has executed on nearly all of these priorities. 319 00:18:41,280 --> 00:18:43,719 Speaker 13: He has tightened tariffs on steel and aluminum. He's imposed 320 00:18:43,720 --> 00:18:45,720 Speaker 13: new measures on auto and autoparts not made in the 321 00:18:45,760 --> 00:18:48,520 Speaker 13: United States. And on April second, the President declare the 322 00:18:48,600 --> 00:18:51,560 Speaker 13: national emergency that we've discussed, and so the President has 323 00:18:51,600 --> 00:18:54,639 Speaker 13: imposed a reciprocal tariff along with the global baseline tariff 324 00:18:54,960 --> 00:18:57,480 Speaker 13: to achieve reciprocy with other countries and to drive the 325 00:18:57,560 --> 00:19:01,680 Speaker 13: dangerous deficit down. Present and strategy is already bearing fruit. 326 00:19:02,240 --> 00:19:04,159 Speaker 13: Over the past few weeks, a plan layoff for an 327 00:19:04,160 --> 00:19:07,600 Speaker 13: auto production shift and Tennessee's been suspended. Another automaker is 328 00:19:07,680 --> 00:19:10,680 Speaker 13: hiring additional employees and expanding over time to increase auto 329 00:19:10,680 --> 00:19:14,760 Speaker 13: production in Indiana. Companies have announced four trillion dollars in 330 00:19:14,800 --> 00:19:18,159 Speaker 13: new investment in the United States. Nearly fifty countries have 331 00:19:18,240 --> 00:19:21,080 Speaker 13: approached me personally to discuss the presence new policy and 332 00:19:21,119 --> 00:19:23,720 Speaker 13: explore how to achieve reciprocity, and they've spoken with many 333 00:19:23,760 --> 00:19:28,639 Speaker 13: members of the administration. Several of these countries, such at Argentina, Vietnam, India, 334 00:19:28,640 --> 00:19:31,199 Speaker 13: and Israel, have suggested that they will reduce their tariffs 335 00:19:31,200 --> 00:19:34,120 Speaker 13: and non tariff barriers in line with the President's policy, 336 00:19:34,160 --> 00:19:37,440 Speaker 13: and these obviously are welcome moves. Our large and persistent 337 00:19:37,440 --> 00:19:39,520 Speaker 13: trade deficit has been over thirty years in the making, 338 00:19:39,680 --> 00:19:41,800 Speaker 13: and it will not be resolved overnight. But all of 339 00:19:41,800 --> 00:19:45,120 Speaker 13: this is in the right direction, particularly as we start 340 00:19:45,119 --> 00:19:48,280 Speaker 13: to negotiate with these countries. We must move away from 341 00:19:48,320 --> 00:19:51,480 Speaker 13: an economy that's based solely on government spending and a 342 00:19:51,480 --> 00:19:54,199 Speaker 13: financial sector, and we must become an economy based on 343 00:19:54,240 --> 00:19:57,600 Speaker 13: producing real goods and services that provide jobs for working 344 00:19:57,640 --> 00:20:00,760 Speaker 13: class and middle class Americans in their communities. Adjustment maybe 345 00:20:00,840 --> 00:20:04,760 Speaker 13: challenging at times, and in a moment of drassic overdue change, 346 00:20:04,800 --> 00:20:07,520 Speaker 13: I'm confident. I'm certain that the American people can rise 347 00:20:07,560 --> 00:20:11,000 Speaker 13: to the challenges they've done before. I appreciate this committee's 348 00:20:11,000 --> 00:20:14,080 Speaker 13: interest in President Trump's trade agenda. I'm glad we're talking 349 00:20:14,160 --> 00:20:17,399 Speaker 13: about this. That's created debate, and we may not agree 350 00:20:17,440 --> 00:20:19,879 Speaker 13: on everything, but I know that you want to do 351 00:20:19,920 --> 00:20:22,280 Speaker 13: it's best for America. So does the President, so do I, 352 00:20:22,400 --> 00:20:24,639 Speaker 13: and we'll collaborate together on this. Thank you again for 353 00:20:24,680 --> 00:20:26,400 Speaker 13: your time. I look forward to our conversation. 354 00:20:27,320 --> 00:20:32,160 Speaker 3: Okay, thank you having it right there at the Senate 355 00:20:32,200 --> 00:20:36,160 Speaker 3: Finance Committee. Okay, the Senate Finance Committee is having Jamison 356 00:20:36,240 --> 00:20:41,000 Speaker 3: Greer right there war room posse. He was Lightheiser's deputy. 357 00:20:41,040 --> 00:20:45,520 Speaker 3: He is now the USTR. He's taken Bob Leitheiser's position. 358 00:20:46,160 --> 00:20:49,440 Speaker 3: He's a cabinet official, ambassador at Jamison Greer. He's getting 359 00:20:49,440 --> 00:20:52,879 Speaker 3: grilled today by the Senate Finance Committee. That opening was 360 00:20:52,920 --> 00:20:58,160 Speaker 3: the Senator from Oregon, Ryan Widen, and Widen is sitting 361 00:20:58,240 --> 00:21:01,040 Speaker 3: there and saying this a total fail. You're as you 362 00:21:01,119 --> 00:21:06,879 Speaker 3: have one hundred countries stacked up. South Korea, Japan, the 363 00:21:06,920 --> 00:21:09,160 Speaker 3: EU have already said they want to come in and talk. 364 00:21:09,480 --> 00:21:13,080 Speaker 3: Also said why zero tariffs alone are not enough. This 365 00:21:13,160 --> 00:21:16,560 Speaker 3: backs up what Peter Navarro said the other day. Peter Navarro, 366 00:21:16,680 --> 00:21:19,879 Speaker 3: Obviously he and Scott Besson are running this deal with 367 00:21:20,040 --> 00:21:24,680 Speaker 3: Jamison Gria. So those three are your key folks doing this. 368 00:21:25,200 --> 00:21:28,159 Speaker 3: Widen is trying to be part of a rebellion in 369 00:21:28,200 --> 00:21:28,760 Speaker 3: the Senate. 370 00:21:28,800 --> 00:21:30,080 Speaker 2: And this is why guys like. 371 00:21:32,680 --> 00:21:37,040 Speaker 3: Tom Tillison others Mitch McConnell are traders to MAGA and 372 00:21:37,040 --> 00:21:40,640 Speaker 3: to the American people by backing these radical democrats. These 373 00:21:40,680 --> 00:21:43,560 Speaker 3: democrats are supposed to be for the people, for working 374 00:21:43,560 --> 00:21:45,240 Speaker 3: class people, for the middle class. 375 00:21:45,880 --> 00:21:46,719 Speaker 2: Absolutely not. 376 00:21:47,560 --> 00:21:50,240 Speaker 3: They're shown right now they're running dogs for Wall Street 377 00:21:50,280 --> 00:21:52,760 Speaker 3: as they try to come in and support the globalists. 378 00:21:53,800 --> 00:21:56,240 Speaker 3: Very simple, either on the nationalist side here or you're 379 00:21:56,280 --> 00:22:00,000 Speaker 3: on the globalist side. Everybody that's criticizing President Trump, everybody's 380 00:22:00,080 --> 00:22:02,640 Speaker 3: coming in and now they're trying to take shots at 381 00:22:02,920 --> 00:22:05,840 Speaker 3: they're trying to take shots at Peter in Nevarda. 382 00:22:05,840 --> 00:22:06,959 Speaker 2: And Garry's a honey badger. 383 00:22:07,560 --> 00:22:10,760 Speaker 3: Not just that his policies are winning, he knows this 384 00:22:11,560 --> 00:22:13,639 Speaker 3: the numbers. He's running for the president. The president is 385 00:22:13,680 --> 00:22:16,560 Speaker 3: duging hard, dugging as hard as I've ever seen. No 386 00:22:16,760 --> 00:22:19,879 Speaker 3: president of the United States has ever taken on the 387 00:22:19,880 --> 00:22:23,320 Speaker 3: global system. And he's breaking it in front of you, 388 00:22:23,400 --> 00:22:25,280 Speaker 3: and of course people a saying, oh, this is absolutely terrible. 389 00:22:25,359 --> 00:22:27,600 Speaker 3: It's going to be a massive and is already a 390 00:22:27,640 --> 00:22:30,639 Speaker 3: massive benefit to the American working people. This is the 391 00:22:30,680 --> 00:22:33,359 Speaker 3: reason that you have almost a trillion dollars now of 392 00:22:33,440 --> 00:22:38,440 Speaker 3: commitments of major companies bringing plant and equipment back here 393 00:22:38,440 --> 00:22:42,600 Speaker 3: for manufacturing purposes. Now, bringing back the supply chains, the 394 00:22:42,640 --> 00:22:46,520 Speaker 3: rest of the ecosystem that goes around bringing your plants in. 395 00:22:47,119 --> 00:22:52,080 Speaker 3: This is a hardball negotiation that's why President Trump didn't blink. Actually, 396 00:22:52,160 --> 00:22:54,280 Speaker 3: the tariffs still go in April ninth is when the 397 00:22:54,440 --> 00:22:59,080 Speaker 3: reciprocity kicks in. Now, individual countries, as the comment, may 398 00:22:59,160 --> 00:23:01,080 Speaker 3: or may not get a band. This depends on how 399 00:23:01,119 --> 00:23:04,600 Speaker 3: serious they are. But right now President Trump's totally dug in, 400 00:23:05,000 --> 00:23:07,000 Speaker 3: and he's very much dug in and kind of singled 401 00:23:07,040 --> 00:23:09,680 Speaker 3: out the Chinese Communist Party because the Chinese Commist Party 402 00:23:09,760 --> 00:23:12,960 Speaker 3: is absolutely that is the I would say the point 403 00:23:13,000 --> 00:23:15,280 Speaker 3: of the exercise is if we don't get China right, 404 00:23:16,320 --> 00:23:17,440 Speaker 3: the rest of it doesn't matter. 405 00:23:17,480 --> 00:23:18,520 Speaker 2: You have to get China right. 406 00:23:19,320 --> 00:23:21,160 Speaker 3: And I believe he's doing the right thing with China, 407 00:23:21,200 --> 00:23:24,440 Speaker 3: which is to break right now the Chinese Communist Party. 408 00:23:24,520 --> 00:23:28,480 Speaker 3: The terroffs aalon because their retaliatory nature. What the CCP did. 409 00:23:29,480 --> 00:23:32,359 Speaker 3: The terriffs on China, I think are one hundred and 410 00:23:32,359 --> 00:23:35,440 Speaker 3: four percent, and let's say this, They're not a functioning 411 00:23:35,520 --> 00:23:37,800 Speaker 3: economy with that. They don't have a huge consumer market. 412 00:23:37,800 --> 00:23:40,480 Speaker 3: They've tried to do that. I had a senior executive 413 00:23:40,480 --> 00:23:45,840 Speaker 3: at one of the most important financial papers try to 414 00:23:45,880 --> 00:23:48,440 Speaker 3: convince me the other night that their consumer market was 415 00:23:48,440 --> 00:23:49,280 Speaker 3: going to see China through. 416 00:23:49,320 --> 00:23:50,600 Speaker 2: That's absolutely not correct. 417 00:23:50,680 --> 00:23:54,520 Speaker 3: She knows that the senior Kadri leadership of the Chinese 418 00:23:54,560 --> 00:23:57,480 Speaker 3: Commanists party know this. So right there you see Ron Win. 419 00:23:57,600 --> 00:24:00,280 Speaker 3: So there's two angles of attack on President Trump. One 420 00:24:00,359 --> 00:24:02,840 Speaker 3: is going to be this political angle to try to 421 00:24:02,920 --> 00:24:07,240 Speaker 3: gin up the Senate, particularly to thwart President Trump's plan, 422 00:24:07,320 --> 00:24:11,680 Speaker 3: and he let guys like Ron Wyden run trade policy. 423 00:24:11,720 --> 00:24:14,879 Speaker 3: President Trump declared the national emergency. He's in charge of 424 00:24:14,920 --> 00:24:18,639 Speaker 3: this and so far, to be brutally frank, it's working magnificently. 425 00:24:19,560 --> 00:24:23,480 Speaker 3: Stock market has rebounded. And remember we're not saying fluctuations 426 00:24:23,520 --> 00:24:27,880 Speaker 3: in the stock market are so important, but the opposition 427 00:24:27,920 --> 00:24:33,240 Speaker 3: of President Trump, CNBC, MSNBC, the New York Times, Washington Posts, 428 00:24:33,240 --> 00:24:36,679 Speaker 3: Wall Street Journal, they tried to gin up a crash. 429 00:24:37,200 --> 00:24:40,160 Speaker 2: They try to gin up hysteria, They try to gin 430 00:24:40,240 --> 00:24:41,000 Speaker 2: up a panic. 431 00:24:41,440 --> 00:24:43,320 Speaker 3: And the American people just out there and go, hey, 432 00:24:43,320 --> 00:24:47,040 Speaker 3: we see what Trump's doing. We're not selling, We're not 433 00:24:47,040 --> 00:24:50,760 Speaker 3: in a panic mode. The hedge funds that back the globalists, 434 00:24:50,760 --> 00:24:54,640 Speaker 3: the highly leveraged head fund hedge funds that help send 435 00:24:54,640 --> 00:24:58,080 Speaker 3: the jobs over to China and still deeply invested over there. Yeah, 436 00:24:58,119 --> 00:25:01,080 Speaker 3: they got a little nervous, started dumping their shares and 437 00:25:01,119 --> 00:25:04,280 Speaker 3: sometimes maybe even forced to dump some shares. But that's 438 00:25:04,320 --> 00:25:06,480 Speaker 3: their problem. It's not President Trump's problem. It's not the 439 00:25:06,480 --> 00:25:10,240 Speaker 3: American people's problem. That's their problem. Sounds like a personal problem. 440 00:25:10,880 --> 00:25:14,560 Speaker 3: This process so far has worked magnificently. The nations of 441 00:25:14,640 --> 00:25:18,439 Speaker 3: the Earth have had. This is the same type of 442 00:25:19,160 --> 00:25:22,840 Speaker 3: wake up call headshot that he gave the administrative in 443 00:25:22,880 --> 00:25:27,760 Speaker 3: deep State. This is exactly what he's doing geopolitically, geopolitically 444 00:25:27,840 --> 00:25:28,560 Speaker 3: dropped another bomb. 445 00:25:28,640 --> 00:25:29,720 Speaker 2: You actually right in front of BB. 446 00:25:30,280 --> 00:25:33,399 Speaker 3: Hey, BB's coming to remember, BB's coming to pitch a 447 00:25:33,520 --> 00:25:38,640 Speaker 3: military military invasion or an air attack on the Persians 448 00:25:38,720 --> 00:25:41,080 Speaker 3: n nuclear compound. 449 00:25:41,320 --> 00:25:43,440 Speaker 2: President Trump says, oh, by the way, at the thing. 450 00:25:43,480 --> 00:25:45,800 Speaker 3: Oh by the way, we're in one on one senior 451 00:25:45,840 --> 00:25:48,679 Speaker 3: level negotiations about that, and we're meeting next on Saturday 452 00:25:48,680 --> 00:25:53,040 Speaker 3: at the highest levels. Next question, President Trump go back 453 00:25:53,040 --> 00:25:58,960 Speaker 3: to the three verticals. On national security, completely reordering the 454 00:25:59,040 --> 00:26:03,120 Speaker 3: geopolitical reacies of the world off of the Eurasian land 455 00:26:03,160 --> 00:26:05,240 Speaker 3: mass to a hemispheric defense. 456 00:26:06,560 --> 00:26:07,160 Speaker 2: Number two. 457 00:26:07,840 --> 00:26:12,159 Speaker 3: On the geoeconomics of it, he is bending the world 458 00:26:12,160 --> 00:26:16,720 Speaker 3: trade system to support and benefit citizens of the United States, 459 00:26:16,800 --> 00:26:21,399 Speaker 3: particularly working class. That it all rest on their shoulders anyway. 460 00:26:21,520 --> 00:26:23,560 Speaker 3: And last he's taken on the administrative state. In the 461 00:26:23,560 --> 00:26:27,040 Speaker 3: deep state, the Coochs and Leo Leonard are running to 462 00:26:27,080 --> 00:26:30,600 Speaker 3: court on trade. They don't trust the local process to 463 00:26:30,600 --> 00:26:33,560 Speaker 3: stop Trump. They don't think that the countries of. 464 00:26:33,520 --> 00:26:34,440 Speaker 2: The world was stopping. 465 00:26:34,840 --> 00:26:38,240 Speaker 3: They're running to guess what a federal judge to try 466 00:26:38,240 --> 00:26:39,560 Speaker 3: to stop President Trump. 467 00:26:40,359 --> 00:26:43,959 Speaker 2: Note to Leonard Leo, he ain't stoppable. 468 00:26:45,280 --> 00:26:49,960 Speaker 3: Short commercial break on turnaround Tuesday in the war. 469 00:26:49,920 --> 00:27:00,159 Speaker 13: Room, in conversations with other countries that if they want 470 00:27:00,160 --> 00:27:03,639 Speaker 13: to have reciprocal trade with us, that's something that we 471 00:27:03,680 --> 00:27:05,800 Speaker 13: need to consider as well, and we expect them not 472 00:27:05,920 --> 00:27:08,359 Speaker 13: to discriminate against our services companies. We have some of 473 00:27:08,359 --> 00:27:10,040 Speaker 13: the most competitive in the world. I agree with you, 474 00:27:10,080 --> 00:27:11,400 Speaker 13: and to me, that's part of the second. 475 00:27:11,640 --> 00:27:11,800 Speaker 6: Yeah. 476 00:27:12,000 --> 00:27:14,760 Speaker 12: I wrapped up with the services question because it seems 477 00:27:14,760 --> 00:27:18,280 Speaker 12: to me it's classic Donald Trump. Really good at talking 478 00:27:18,320 --> 00:27:22,760 Speaker 12: about problems, even saying that there is some reason to 479 00:27:22,840 --> 00:27:26,479 Speaker 12: go forward, identifying a problem, but pretty damn bad at 480 00:27:26,520 --> 00:27:28,400 Speaker 12: fixing them. And there's going to be a whole lot 481 00:27:28,400 --> 00:27:31,680 Speaker 12: of collateral damage in the process if you all continue 482 00:27:31,680 --> 00:27:34,320 Speaker 12: with these trade policies and services and in other areas. 483 00:27:34,320 --> 00:27:39,479 Speaker 2: Thank yous Jerman. Thank you, Senator Cornyn, Okay, let me 484 00:27:39,520 --> 00:27:39,760 Speaker 2: have it. 485 00:27:39,920 --> 00:27:42,960 Speaker 3: Thank you for the last thing we need to hear 486 00:27:43,000 --> 00:27:46,200 Speaker 3: is from Cornyn right Toorney General Paxson. 487 00:27:47,480 --> 00:27:52,760 Speaker 2: Ron Wyden there throwing the prams. He's big mad. He's 488 00:27:52,760 --> 00:27:54,040 Speaker 2: big mad. You know why. 489 00:27:54,080 --> 00:27:55,760 Speaker 3: He's one of the first guys came oversaw us in 490 00:27:55,840 --> 00:27:59,320 Speaker 3: the first term. He thinks he's mister trade in tariff 491 00:27:59,520 --> 00:28:03,040 Speaker 3: such as not the case, sir. He've really never stood 492 00:28:03,080 --> 00:28:05,879 Speaker 3: up for the American worker, and now you're getting smoked. 493 00:28:06,720 --> 00:28:07,480 Speaker 2: He's big mad. 494 00:28:07,720 --> 00:28:09,440 Speaker 3: A lot of people are big mad today, a lot 495 00:28:09,440 --> 00:28:14,960 Speaker 3: of people going after doctor Navarro. Folks gotta understand doctor Navarro. 496 00:28:15,560 --> 00:28:19,439 Speaker 3: Peter Navarro is pretty tough nut. I know the doctor 497 00:28:19,560 --> 00:28:21,919 Speaker 3: quite well, consider him not just a close friend but 498 00:28:21,960 --> 00:28:26,560 Speaker 3: also a colleague. He's just an incredible piece of work. 499 00:28:27,080 --> 00:28:31,760 Speaker 3: And nobody has got the president's back like doctor Navarro. 500 00:28:32,160 --> 00:28:33,280 Speaker 2: Of course, he's all over media. 501 00:28:33,280 --> 00:28:35,280 Speaker 3: But his plan is rolling out, and I think it's 502 00:28:35,359 --> 00:28:39,040 Speaker 3: rolling out very smartly. With Scott Besstt right, there's Jamison Greer, 503 00:28:39,080 --> 00:28:42,000 Speaker 3: and Jamison grew is gonna be taking incoming from the Democrats. 504 00:28:42,040 --> 00:28:45,240 Speaker 3: The Democrats who should have done this, who should have 505 00:28:45,240 --> 00:28:47,680 Speaker 3: stood up for the American people who should have stood 506 00:28:47,760 --> 00:28:50,960 Speaker 3: up for the American worker and never did abandon them 507 00:28:51,560 --> 00:28:54,840 Speaker 3: for the sociopathic overlords of easy money on Wall Street 508 00:28:54,880 --> 00:29:00,280 Speaker 3: and the apartheid state of Silicon Valley and slobber all 509 00:29:00,280 --> 00:29:03,600 Speaker 3: over big Tech, the tech brologarchs where all the tech 510 00:29:03,600 --> 00:29:06,480 Speaker 3: brologarchs haven't seen the brologaruchs come in and really have 511 00:29:06,600 --> 00:29:09,800 Speaker 3: President Trump's back on that been noticeably quiet. I would 512 00:29:09,800 --> 00:29:14,920 Speaker 3: actually say, crickets. Folks over there should understand. This is 513 00:29:15,000 --> 00:29:19,040 Speaker 3: to the core of President Trump's being. This is why 514 00:29:19,280 --> 00:29:23,240 Speaker 3: he ran for President United States to turn this country around, 515 00:29:23,280 --> 00:29:25,600 Speaker 3: and particularly turn this country around in manufacturing. 516 00:29:26,200 --> 00:29:28,400 Speaker 2: This is the issue that has energized him for. 517 00:29:28,400 --> 00:29:31,320 Speaker 3: Decade after decade after decade and finally convinced him along 518 00:29:31,360 --> 00:29:34,560 Speaker 3: with mass the mass immigration, the invasion of the country 519 00:29:34,560 --> 00:29:37,640 Speaker 3: that was going on, of how America was beginning weaker, 520 00:29:37,920 --> 00:29:40,000 Speaker 3: how America was not great like it used to be, 521 00:29:40,040 --> 00:29:42,400 Speaker 3: and he was going to come in and return America 522 00:29:42,560 --> 00:29:45,200 Speaker 3: to her greatness. And so he is doing it and 523 00:29:45,240 --> 00:29:49,440 Speaker 3: taken on all comers. If you look at the institutions 524 00:29:49,440 --> 00:29:51,880 Speaker 3: of the world, this is never this has never happened. 525 00:29:52,720 --> 00:29:56,920 Speaker 3: I don't think in world history one individual with a 526 00:29:56,960 --> 00:29:59,880 Speaker 3: loyal set of followers and a political movement, or take 527 00:30:00,120 --> 00:30:03,440 Speaker 3: on every institution that has failed the American people, starting 528 00:30:03,480 --> 00:30:07,560 Speaker 3: with the Congress, starting with the media, the law firms, 529 00:30:07,600 --> 00:30:14,600 Speaker 3: the universities, high culture, low culture, just even the woke military, 530 00:30:14,680 --> 00:30:18,680 Speaker 3: the woke elements in the military. Now the international trading system. 531 00:30:18,760 --> 00:30:20,720 Speaker 3: These are every country of the world's coming at him, 532 00:30:21,160 --> 00:30:26,400 Speaker 3: the EU, Germany, France, Japan, Korea, and they're all after 533 00:30:26,920 --> 00:30:29,560 Speaker 3: realizing he's not going to be budgetable, he can't, he 534 00:30:29,600 --> 00:30:31,880 Speaker 3: won't budge. Okay, fine, fine, I got it, I got it. 535 00:30:32,200 --> 00:30:34,800 Speaker 3: Take a phone call, get us in the queue. Let 536 00:30:34,880 --> 00:30:37,680 Speaker 3: us come over see Bessett and see Navarro and see 537 00:30:37,720 --> 00:30:41,800 Speaker 3: what we can figure out. And the political class in Washington, 538 00:30:41,840 --> 00:30:44,200 Speaker 3: d C. Is actually stunned, in shocked. They thought they 539 00:30:44,200 --> 00:30:46,480 Speaker 3: had him. This is why the media spent so much 540 00:30:46,520 --> 00:30:50,880 Speaker 3: time trying to create hysteria, trying to create hysteria. You 541 00:30:50,920 --> 00:30:54,320 Speaker 3: know what I haven't heard in the last day. Where's 542 00:30:54,360 --> 00:30:56,840 Speaker 3: the signal chat? Where was that last thing? They got 543 00:30:56,880 --> 00:30:59,120 Speaker 3: to go from one thing to the next to the next. 544 00:30:59,240 --> 00:31:02,400 Speaker 3: Their new one is going to be recession. Recession is 545 00:31:02,440 --> 00:31:05,040 Speaker 3: going to be here, or service industries ron Why was 546 00:31:05,080 --> 00:31:06,360 Speaker 3: I say the service industries. 547 00:31:06,400 --> 00:31:08,160 Speaker 2: You're not considering the service industries. 548 00:31:09,040 --> 00:31:12,360 Speaker 3: You can't build the nation's of vibrant economy off service industry. 549 00:31:12,400 --> 00:31:15,960 Speaker 2: Sir, We're not Singapore. Okay, You've got to get the 550 00:31:16,040 --> 00:31:16,720 Speaker 2: joke here. 551 00:31:16,720 --> 00:31:18,920 Speaker 3: Of what the United States is and how the United 552 00:31:18,960 --> 00:31:24,280 Speaker 3: States is empowered. It's not off service industries. Like I said, 553 00:31:24,280 --> 00:31:27,280 Speaker 3: we're not Singapore, or you'll turn into what Great Britain 554 00:31:27,280 --> 00:31:29,680 Speaker 3: has become, which is what the Tory Party turned them 555 00:31:29,720 --> 00:31:35,240 Speaker 3: into and Blair in that part of the Labor government, 556 00:31:35,280 --> 00:31:39,040 Speaker 3: which was Singapore on the Thames. This is why England's 557 00:31:39,040 --> 00:31:42,040 Speaker 3: having such a tough time surviving, right, and much of 558 00:31:42,080 --> 00:31:46,720 Speaker 3: England is nothing more than a developing nation economically because 559 00:31:46,720 --> 00:31:52,840 Speaker 3: they've abandoned who they've abandoned. They've abandoned manufacturing, high value 560 00:31:52,840 --> 00:31:55,560 Speaker 3: added manufacturing. And that is coming back to the United States. 561 00:31:55,560 --> 00:31:58,280 Speaker 3: President Trump is hammering that out even as we speak, 562 00:31:58,320 --> 00:32:01,280 Speaker 3: and they hate it. They're going to hate him even more. 563 00:32:01,880 --> 00:32:05,680 Speaker 3: And here's the beauty. You're unmasking everybody. It's not Republican 564 00:32:05,720 --> 00:32:09,800 Speaker 3: and Democrat. Just please leave. Those are old, old, old 565 00:32:11,160 --> 00:32:16,360 Speaker 3: kind of groupings that are essentially irrelevant. It is populous 566 00:32:16,520 --> 00:32:21,840 Speaker 3: nationalism versus elite globalism and the globalist the ones who 567 00:32:21,880 --> 00:32:23,960 Speaker 3: are not in the elites, who are in service to 568 00:32:24,000 --> 00:32:27,960 Speaker 3: the elites. The great unmasking is happening, and you're seeing 569 00:32:28,080 --> 00:32:30,840 Speaker 3: you're seeing this by people who are talking about open 570 00:32:30,920 --> 00:32:32,040 Speaker 3: borders with Europe and. 571 00:32:32,000 --> 00:32:34,640 Speaker 2: Bringing you know all, you know, let those those. 572 00:32:34,600 --> 00:32:36,200 Speaker 3: Change those every bridge, just come across the boarder and 573 00:32:36,240 --> 00:32:37,040 Speaker 3: work where they want to work. 574 00:32:37,120 --> 00:32:39,280 Speaker 2: No, that's not going to happen. That's not going to happen. 575 00:32:39,280 --> 00:32:42,280 Speaker 3: The American citizen is not going to be flooded with 576 00:32:42,440 --> 00:32:45,040 Speaker 3: Europeans that come over here and take their jobs, particularly 577 00:32:45,480 --> 00:32:48,719 Speaker 3: the high value added jobs. That is never going to happen. 578 00:32:48,800 --> 00:32:53,160 Speaker 3: That is, that is repulsive even as a thought. Just 579 00:32:53,200 --> 00:32:56,280 Speaker 3: like we stop the invasion on the southern border for 580 00:32:56,480 --> 00:33:01,080 Speaker 3: lower skilled against Hispanics and African Americans, have Europeans come 581 00:33:01,080 --> 00:33:03,200 Speaker 3: in and go after the middle class and the tech 582 00:33:03,320 --> 00:33:06,200 Speaker 3: jobs and the managerial jobs, It's not gonna happen. 583 00:33:06,600 --> 00:33:07,560 Speaker 2: It's not gonna. 584 00:33:07,280 --> 00:33:11,280 Speaker 3: Happen where they where they come in, against every ethnicity 585 00:33:11,320 --> 00:33:14,720 Speaker 3: and religion and race, take all, take all the plump jobs. 586 00:33:14,760 --> 00:33:17,240 Speaker 2: It's not gonna happen. It's not gonna happen. If people 587 00:33:17,280 --> 00:33:17,760 Speaker 2: bring it up. 588 00:33:17,800 --> 00:33:22,360 Speaker 3: Don't actually understand the core of what this arguments about. 589 00:33:22,600 --> 00:33:26,600 Speaker 3: Somebody understands is President Trump, and President Trump is dug 590 00:33:26,600 --> 00:33:28,440 Speaker 3: in and dug in and dug in quite hard on this. 591 00:33:30,320 --> 00:33:31,600 Speaker 3: I want to go, by the way, this is the 592 00:33:31,960 --> 00:33:33,719 Speaker 3: best time ever to go to Birsch Gold. Take your 593 00:33:33,720 --> 00:33:38,360 Speaker 3: phone out, just text Bannon at nine eight nine eight 594 00:33:38,480 --> 00:33:41,120 Speaker 3: nine eight. Get the ultimate guide for investing in gold 595 00:33:41,240 --> 00:33:45,080 Speaker 3: and silver other precious metals in the era of Trump. 596 00:33:46,120 --> 00:33:48,560 Speaker 3: Right now, with a stock market, it's gonna go up, 597 00:33:48,560 --> 00:33:50,880 Speaker 3: it's gonna go down. You're gonna have good movements, You're 598 00:33:50,880 --> 00:33:53,480 Speaker 3: gonna have bad movements. One thing you've got is volatility 599 00:33:53,640 --> 00:33:57,560 Speaker 3: and turbulence. You canna have a lot of volatility, volatility 600 00:33:57,600 --> 00:34:00,120 Speaker 3: and turbulence. You need to know why gold is and 601 00:34:00,160 --> 00:34:02,520 Speaker 3: a hedge for five thousand years of mankind's history. So 602 00:34:02,560 --> 00:34:04,240 Speaker 3: start there. You can also go to the end of 603 00:34:04,280 --> 00:34:07,480 Speaker 3: the dollar Empire. We laid out in now six installments, 604 00:34:07,480 --> 00:34:10,920 Speaker 3: and I'm working on the seventh installment even as we speak, 605 00:34:10,960 --> 00:34:13,440 Speaker 3: to make sure we give you a primer for all 606 00:34:13,480 --> 00:34:13,680 Speaker 3: of it. 607 00:34:14,120 --> 00:34:17,080 Speaker 2: Taje go hey, Taj Now more than ever, Tage goes 608 00:34:17,080 --> 00:34:17,320 Speaker 2: with me. 609 00:34:17,400 --> 00:34:20,319 Speaker 3: I asked him co on it because I need I 610 00:34:20,480 --> 00:34:25,080 Speaker 3: need another pot of Warpath coffee put on because it's 611 00:34:25,080 --> 00:34:27,080 Speaker 3: been that kind of the last couple of days. Haven't 612 00:34:27,080 --> 00:34:30,080 Speaker 3: gotten a lot of sleep. Brother, My Warpath Coffee's got 613 00:34:30,160 --> 00:34:30,880 Speaker 3: me through it though. 614 00:34:31,320 --> 00:34:33,279 Speaker 2: My Mariner's Blend. My dark Bros. What do you got 615 00:34:33,280 --> 00:34:33,840 Speaker 2: for us? 616 00:34:34,600 --> 00:34:37,719 Speaker 14: I We've got plenty Steve, we got fifteen percent off 617 00:34:37,719 --> 00:34:40,640 Speaker 14: this week for the war Room posse. The website is 618 00:34:40,680 --> 00:34:45,000 Speaker 14: Promo code Warroom. We are the coffee with a mission. 619 00:34:45,560 --> 00:34:48,279 Speaker 14: We are the Champagne of coffee. We've got over eight 620 00:34:48,320 --> 00:34:51,520 Speaker 14: thousand five star reviews on our site. If you haven't 621 00:34:51,520 --> 00:34:55,040 Speaker 14: tried it, you have to try. Is incredible coffee. People 622 00:34:55,200 --> 00:35:00,960 Speaker 14: absolutely love it. Is the best coffee you can buy. 623 00:35:01,680 --> 00:35:03,799 Speaker 2: Now, tell me real quickly, how do you guys brew this? 624 00:35:04,239 --> 00:35:05,160 Speaker 2: How do you guys brew this? 625 00:35:05,239 --> 00:35:07,840 Speaker 3: And I know you're holding the line on on on 626 00:35:08,120 --> 00:35:11,080 Speaker 3: cost so that our prices are in line, but it's 627 00:35:11,400 --> 00:35:12,440 Speaker 3: it's amazing coffee. 628 00:35:12,480 --> 00:35:12,920 Speaker 2: Give people. 629 00:35:12,920 --> 00:35:15,000 Speaker 3: I just want to go through the special brewing because man, 630 00:35:15,040 --> 00:35:17,000 Speaker 3: it makes it. It is the Champagne coffee. You don't 631 00:35:17,000 --> 00:35:19,600 Speaker 3: need cream, you don't need sugar. If you've never tried 632 00:35:19,640 --> 00:35:22,359 Speaker 3: coffee black, because it's got too much you know it's 633 00:35:22,400 --> 00:35:26,239 Speaker 3: too acidic. That's not this coffee, and particularly the darker roast, 634 00:35:26,280 --> 00:35:29,960 Speaker 3: which I think are the just the better for coffee aficionados, 635 00:35:29,960 --> 00:35:33,239 Speaker 3: the espressos and the French roast. This is where you 636 00:35:33,280 --> 00:35:35,719 Speaker 3: can really drink it and drink it black. Tell me 637 00:35:35,760 --> 00:35:37,919 Speaker 3: how you do it, yep. 638 00:35:38,040 --> 00:35:42,640 Speaker 14: So we roasted on a perforated drum, and by doing 639 00:35:42,640 --> 00:35:44,800 Speaker 14: that we don't burn the coffee at all. We actually 640 00:35:44,840 --> 00:35:48,799 Speaker 14: caramelize it when we roast it, so you don't need milk, 641 00:35:48,840 --> 00:35:50,640 Speaker 14: and you don't need sugar to drink our coffee because 642 00:35:51,480 --> 00:35:53,920 Speaker 14: we don't. It's not acidic and it's not bitter or 643 00:35:54,000 --> 00:35:57,360 Speaker 14: sour at all. So you can just drink a nice 644 00:35:57,560 --> 00:36:01,280 Speaker 14: cup of smooth black coffee and it is amazing. 645 00:36:01,400 --> 00:36:02,879 Speaker 2: People people actually love it. 646 00:36:03,120 --> 00:36:07,080 Speaker 14: We actually convert non coffee drinkers into coffee drinkers, and 647 00:36:07,120 --> 00:36:09,240 Speaker 14: then you know, we bring people over from other brands. 648 00:36:09,640 --> 00:36:12,840 Speaker 2: This is really good coffee. I think I told you. 649 00:36:14,520 --> 00:36:16,279 Speaker 14: During during the war when I was going back and forth, 650 00:36:16,320 --> 00:36:19,879 Speaker 14: I was in Kuwait for Ramadan and I had the 651 00:36:19,880 --> 00:36:23,040 Speaker 14: best cup of coffee I've ever had there and I 652 00:36:23,239 --> 00:36:26,719 Speaker 14: never drank coffee that wasn't bitter and acidic. 653 00:36:26,920 --> 00:36:27,160 Speaker 2: So that. 654 00:36:27,760 --> 00:36:30,200 Speaker 14: So when I decided to start coffee, that's the coffee 655 00:36:30,239 --> 00:36:34,360 Speaker 14: I was going after was a very smooth cup of coffee. 656 00:36:34,920 --> 00:36:39,160 Speaker 14: And by roasting it on the perforated drum, we don't 657 00:36:39,160 --> 00:36:42,279 Speaker 14: burn it at all. And sometimes the tips of the burn, 658 00:36:42,520 --> 00:36:45,120 Speaker 14: the tips of the beans get burnt, and that's called tipping, 659 00:36:45,480 --> 00:36:48,960 Speaker 14: and that also brings the acidity and the sour taste 660 00:36:48,960 --> 00:36:54,719 Speaker 14: to the coffee. So we've really perfected this smooth coffee. 661 00:36:54,920 --> 00:36:56,600 Speaker 14: And you don't need milk, you don't eat sugar. You 662 00:36:56,640 --> 00:36:59,880 Speaker 14: can drink it straight black. It's it's amazing coffee. You 663 00:37:00,120 --> 00:37:03,200 Speaker 14: haven't tried it, I highly recommend you try it. The 664 00:37:03,280 --> 00:37:07,080 Speaker 14: website is Warpath Dot Coffee and for the Warroom posse 665 00:37:07,280 --> 00:37:11,120 Speaker 14: use promo code Warroom, and I think we'll convert you 666 00:37:11,160 --> 00:37:14,360 Speaker 14: to being a Warpath coffee drinker. And it is the 667 00:37:14,600 --> 00:37:17,000 Speaker 14: Champagne you coffee. 668 00:37:18,400 --> 00:37:21,360 Speaker 3: And you get to use the Warroom promo code. You 669 00:37:21,360 --> 00:37:23,080 Speaker 3: get a big discount, and make sure you do that 670 00:37:23,280 --> 00:37:26,280 Speaker 3: and read some of the eight thousand five star reviews. 671 00:37:26,400 --> 00:37:28,520 Speaker 3: Read some of the eight thousand five star reviews. That 672 00:37:28,719 --> 00:37:32,279 Speaker 3: is your your compatriots here in the warroom. Tajegar one 673 00:37:32,280 --> 00:37:33,239 Speaker 3: more time, where do people go. 674 00:37:35,360 --> 00:37:39,600 Speaker 14: Warpath Dot Coffee is a website promo code warroom and 675 00:37:39,719 --> 00:37:43,520 Speaker 14: check out the eight thousand five star reviews that are 676 00:37:43,640 --> 00:37:48,279 Speaker 14: real reviews, not paid for. Warpath Dot Coffee promo code 677 00:37:48,320 --> 00:37:50,320 Speaker 14: warroom and check out the reviews. 678 00:37:50,600 --> 00:37:52,160 Speaker 2: You're going to love the coffee if you try it. 679 00:37:54,120 --> 00:37:56,160 Speaker 2: Thank you, brother, appreciate it. Thank you sir. 680 00:37:56,719 --> 00:37:59,919 Speaker 3: The return customer. The return customer rate here is also 681 00:38:00,200 --> 00:38:03,320 Speaker 3: off the charts. The advisors to the company that advise 682 00:38:03,400 --> 00:38:06,040 Speaker 3: these small companies when they start, he has never seen 683 00:38:06,080 --> 00:38:07,960 Speaker 3: anything like it. The reason is, once you try it, 684 00:38:08,000 --> 00:38:10,440 Speaker 3: you will not drink another coffee. This is the coffee 685 00:38:10,520 --> 00:38:13,560 Speaker 3: or drink. And I say that as an officionado and 686 00:38:13,600 --> 00:38:16,600 Speaker 3: I'm a devote now of Warpath Coffee. 687 00:38:17,400 --> 00:38:18,040 Speaker 2: Just a reset. 688 00:38:18,160 --> 00:38:22,399 Speaker 3: So today in the courts, huge victory from President Trump 689 00:38:22,520 --> 00:38:28,600 Speaker 3: last night on the illegal on the Aliens Enemies of 690 00:38:28,719 --> 00:38:32,000 Speaker 3: seventeen ninety eight upheld at the Supreme Court. Levels of 691 00:38:32,040 --> 00:38:36,760 Speaker 3: President Trump as a commander chief can keep shipping Venezuelans 692 00:38:36,840 --> 00:38:40,160 Speaker 3: out of the country, designate particularly ones designating this terrorist 693 00:38:40,239 --> 00:38:43,239 Speaker 3: criminal group. I will try to have our breakdown that 694 00:38:43,400 --> 00:38:44,880 Speaker 3: in the second hour. If not, we'll do it at 695 00:38:44,880 --> 00:38:49,880 Speaker 3: five o'clock tonight on this massive taking on all comers 696 00:38:50,000 --> 00:38:56,319 Speaker 3: and reorganizing our trading. President Trump is you know, it's 697 00:38:56,480 --> 00:38:57,680 Speaker 3: no way you can say it's winning. 698 00:38:58,320 --> 00:38:59,160 Speaker 2: Not only do you have a. 699 00:38:59,120 --> 00:39:02,440 Speaker 3: More robust trading market today in stocks and equities throughout 700 00:39:02,480 --> 00:39:04,560 Speaker 3: the world, not just in the United States, but. 701 00:39:04,480 --> 00:39:05,879 Speaker 2: People understand what he's doing. 702 00:39:06,440 --> 00:39:09,480 Speaker 3: He is standing up what a nation's leader should do 703 00:39:10,320 --> 00:39:13,400 Speaker 3: for the first time in decades and decades and decades 704 00:39:13,440 --> 00:39:16,280 Speaker 3: and decades. He's putting the American people first. He's putting 705 00:39:16,280 --> 00:39:19,799 Speaker 3: America first. He's saying, hey, my responsibility is get the 706 00:39:19,800 --> 00:39:21,640 Speaker 3: best deal possible for the American people. 707 00:39:22,600 --> 00:39:24,080 Speaker 2: The problem to date is. 708 00:39:24,000 --> 00:39:26,000 Speaker 3: That presidents came in and thought they were presidents of 709 00:39:26,040 --> 00:39:29,120 Speaker 3: the world. You're not president of the world. You're president 710 00:39:29,200 --> 00:39:33,279 Speaker 3: of the United States of America and American citizens. And 711 00:39:33,360 --> 00:39:37,000 Speaker 3: one of the best things about this process, you're unmasking, 712 00:39:37,640 --> 00:39:41,920 Speaker 3: unmasking everybody that really stands for President Trump and stands 713 00:39:41,920 --> 00:39:44,760 Speaker 3: with the MAGA movement and stands with the core tenets 714 00:39:44,800 --> 00:39:49,560 Speaker 3: of the Mega movement. And everybody is just there to hold, 715 00:39:49,600 --> 00:39:51,680 Speaker 3: to grab on and see how much they can get, 716 00:39:52,560 --> 00:39:54,960 Speaker 3: to see how much they can grab. Why the grabbing's 717 00:39:55,000 --> 00:39:58,520 Speaker 3: good when President Trump says, hey, we're turning this deal around, 718 00:39:58,640 --> 00:39:59,960 Speaker 3: and we're going to turn this thing around. 719 00:40:00,120 --> 00:40:01,000 Speaker 2: Have stability. 720 00:40:01,360 --> 00:40:04,160 Speaker 3: We're gonna have economic stability, and we're just not gonna 721 00:40:04,160 --> 00:40:05,480 Speaker 3: be based upon services. 722 00:40:05,520 --> 00:40:06,719 Speaker 2: Services can come and go. 723 00:40:07,400 --> 00:40:09,080 Speaker 3: People are gonna put more capital on the back of 724 00:40:09,120 --> 00:40:13,200 Speaker 3: services and make them more competitive. This sustainable competitive advantage 725 00:40:13,280 --> 00:40:17,399 Speaker 3: on services quite difficult, particularly to. 726 00:40:17,360 --> 00:40:19,160 Speaker 2: Do it year after year after year. 727 00:40:19,680 --> 00:40:25,840 Speaker 3: Manufacturing and manufacturing processes with your intellectual property, with your copyright, 728 00:40:25,880 --> 00:40:29,319 Speaker 3: your trademark, your patents, very sustainable. 729 00:40:29,640 --> 00:40:31,360 Speaker 2: This is one of the reasons we had the. 730 00:40:31,200 --> 00:40:34,239 Speaker 3: Massive war against the Chinese Commanists Party, the stealing of 731 00:40:34,280 --> 00:40:38,000 Speaker 3: the intellectual property, the gaming of the system. And they've 732 00:40:38,040 --> 00:40:39,759 Speaker 3: thrown down hard. They said they're gonna fight to the 733 00:40:39,760 --> 00:40:42,640 Speaker 3: bitter end. I think I might be able to see 734 00:40:42,640 --> 00:40:45,920 Speaker 3: that bitter end up near the sunlit uplands. 735 00:40:45,960 --> 00:40:50,400 Speaker 2: Short break. The word Hong Kong, we will fight the 736 00:40:50,719 --> 00:41:04,600 Speaker 2: lot God, we will jo use your hosts came so 737 00:41:04,640 --> 00:41:07,120 Speaker 2: at the highest level of this and for the highest stakes. 738 00:41:07,160 --> 00:41:09,880 Speaker 3: This is being played out on the global stage right now, 739 00:41:09,920 --> 00:41:13,040 Speaker 3: and President Trump is h is dug in. At the 740 00:41:13,120 --> 00:41:17,080 Speaker 3: same time he's doing a uh, He's doing an absolute 741 00:41:17,080 --> 00:41:20,480 Speaker 3: big deal with the Russian on the Russian rapp Prochman right, 742 00:41:20,520 --> 00:41:26,799 Speaker 3: which is a this overall kind of arrangement understanding with 743 00:41:26,840 --> 00:41:29,800 Speaker 3: the Russians that includes Ukraine, it's going to includes Persia, 744 00:41:30,080 --> 00:41:35,120 Speaker 3: the Middle East. Also economics, so he's juggling that, he's 745 00:41:35,200 --> 00:41:40,080 Speaker 3: juggling the economy. They had this reconciliation. I still can't 746 00:41:40,080 --> 00:41:42,200 Speaker 3: make height or hair of it, so I'm going to 747 00:41:43,239 --> 00:41:45,560 Speaker 3: defer that to this afternoon. I have more meetings to 748 00:41:45,560 --> 00:41:48,880 Speaker 3: make sure I go through this because right now the Senate, 749 00:41:49,239 --> 00:41:52,440 Speaker 3: what's the Senate's proposing. It makes absolutely no sense. I 750 00:41:52,480 --> 00:41:54,960 Speaker 3: don't think just mathematically. So we're going to get into 751 00:41:55,000 --> 00:41:57,839 Speaker 3: all that. But that's another huge thing that's that's going 752 00:41:58,160 --> 00:42:00,560 Speaker 3: As a president, Trump didn't have an on his plate, 753 00:42:00,600 --> 00:42:02,000 Speaker 3: but he's dug in on this right now. 754 00:42:02,239 --> 00:42:04,399 Speaker 2: One of the most important parts of this. That's why 755 00:42:04,400 --> 00:42:05,080 Speaker 2: I also. 756 00:42:06,400 --> 00:42:09,120 Speaker 3: It is I think now more than ever few to 757 00:42:09,239 --> 00:42:13,040 Speaker 3: understand the macroeconomics of it. We try to give you 758 00:42:13,160 --> 00:42:15,400 Speaker 3: enough information in this, but I really recommend the end 759 00:42:15,440 --> 00:42:16,360 Speaker 3: of the dollar empire. 760 00:42:16,440 --> 00:42:17,160 Speaker 2: There we go back. 761 00:42:17,239 --> 00:42:20,279 Speaker 3: We talk about debt, we talk about deficits, we talk 762 00:42:20,320 --> 00:42:23,839 Speaker 3: about how the world's economy structured. You'll get it's all 763 00:42:23,960 --> 00:42:26,680 Speaker 3: totally free, totally free, and just even if you don't 764 00:42:26,719 --> 00:42:28,600 Speaker 3: understand the first time, just redo it. 765 00:42:29,040 --> 00:42:31,040 Speaker 2: I think you'll pick up most of it. The End 766 00:42:31,040 --> 00:42:32,000 Speaker 2: of the Dollar Empire. 767 00:42:32,040 --> 00:42:35,920 Speaker 3: It's now six installments, including the last, which is modern 768 00:42:36,040 --> 00:42:37,000 Speaker 3: monetary theory. 769 00:42:37,080 --> 00:42:38,360 Speaker 2: Another crazy idea. 770 00:42:38,480 --> 00:42:40,319 Speaker 3: This one is why I say the world is three 771 00:42:40,400 --> 00:42:42,839 Speaker 3: hundred treeion dollars just waiting for a margin call. 772 00:42:43,920 --> 00:42:45,439 Speaker 2: Almost had one the other day. 773 00:42:45,440 --> 00:42:48,760 Speaker 3: Particularly these companies that invested in China and have backed 774 00:42:48,800 --> 00:42:52,400 Speaker 3: the CCP, they're getting a little shaky right now. But 775 00:42:52,520 --> 00:42:55,520 Speaker 3: if you go, you'll understand, you'll understand. I think all 776 00:42:55,560 --> 00:42:58,520 Speaker 3: of this so go today. End of the Dollar Empire, 777 00:42:58,600 --> 00:43:01,680 Speaker 3: Birch Gold dot com slash but most importantly, talked to 778 00:43:01,760 --> 00:43:02,759 Speaker 3: Philip Patrick of the team. 779 00:43:02,800 --> 00:43:04,879 Speaker 2: That's who you need to get with. Need to talk 780 00:43:04,920 --> 00:43:05,520 Speaker 2: with those guys. 781 00:43:06,680 --> 00:43:11,000 Speaker 3: Forrest cho joins us. He's running the new federal State 782 00:43:11,040 --> 00:43:14,600 Speaker 3: of China. We're going to have a big conference on 783 00:43:14,719 --> 00:43:16,719 Speaker 3: for June that hey, Forrest, that we're going to have 784 00:43:16,760 --> 00:43:18,800 Speaker 3: more details about starting next week. 785 00:43:19,480 --> 00:43:19,880 Speaker 2: Forrest. 786 00:43:20,200 --> 00:43:22,160 Speaker 3: The Chinese part of this, the cc part of this, 787 00:43:22,320 --> 00:43:24,680 Speaker 3: the CCP part of this is the one that just 788 00:43:24,800 --> 00:43:29,480 Speaker 3: jumps out the Financial Times over the weekend Trump defined 789 00:43:29,520 --> 00:43:33,800 Speaker 3: as Beijing's fight back deepens turmoil. It's only gotten worse 790 00:43:33,840 --> 00:43:36,920 Speaker 3: over the last forty eight hours they've retaliated. President Trump 791 00:43:37,280 --> 00:43:40,400 Speaker 3: has said, if you retaliate with a thirty four percent increase, 792 00:43:40,480 --> 00:43:42,720 Speaker 3: that we're going to go to over one hundred percent. 793 00:43:43,680 --> 00:43:44,279 Speaker 2: President Trump. 794 00:43:44,320 --> 00:43:46,919 Speaker 3: They're the ones that have not that have not set 795 00:43:47,000 --> 00:43:48,960 Speaker 3: up a meeting or discussions. I'm not so sure as 796 00:43:48,960 --> 00:43:53,759 Speaker 3: anything to discuss. Give us the outlook of yourself as 797 00:43:53,760 --> 00:43:56,640 Speaker 3: a freedom fighter, and also allow Bijing that icond of 798 00:43:56,719 --> 00:43:58,200 Speaker 3: caught in the cross currents of this. 799 00:43:58,200 --> 00:44:01,680 Speaker 15: Sir, Thank you so much, Steve. I think definitely there 800 00:44:01,760 --> 00:44:06,560 Speaker 15: is no talk, no negotiation. As Peter Navarro point out, 801 00:44:06,920 --> 00:44:10,480 Speaker 15: this is not about the negotiation. There is no negotiation. 802 00:44:11,000 --> 00:44:14,960 Speaker 15: This is about the security of this country. And also 803 00:44:15,520 --> 00:44:18,759 Speaker 15: I think CCP and she is playing a game of 804 00:44:18,840 --> 00:44:23,040 Speaker 15: chicken with the President with American people, which he will 805 00:44:23,080 --> 00:44:24,800 Speaker 15: lose and the CCP will lose. 806 00:44:25,360 --> 00:44:25,640 Speaker 12: Uh. 807 00:44:25,840 --> 00:44:30,239 Speaker 15: This twiff is not a war about the treat This 808 00:44:30,400 --> 00:44:35,160 Speaker 15: is not about the terror of itself. This is regarding 809 00:44:35,560 --> 00:44:38,160 Speaker 15: the security of this country. I think the War on 810 00:44:38,239 --> 00:44:43,000 Speaker 15: Policy knows too well. This is an unrestricted warfare and 811 00:44:43,040 --> 00:44:52,600 Speaker 15: this is exist an exciting access, sating threat war for 812 00:44:52,719 --> 00:44:56,440 Speaker 15: this country. This is between the evil and the good. 813 00:44:56,880 --> 00:45:01,000 Speaker 15: So I think the Chinese coming this party, they are 814 00:45:01,040 --> 00:45:05,080 Speaker 15: always the paper tiger. They can talk whatever they want 815 00:45:05,120 --> 00:45:08,279 Speaker 15: to talk, but the fact that the truth is their 816 00:45:08,320 --> 00:45:11,319 Speaker 15: economy is weak. It's a paper tag economy which is 817 00:45:11,480 --> 00:45:15,560 Speaker 15: enabled by the Wall Street elite and the devils. So 818 00:45:15,719 --> 00:45:20,160 Speaker 15: they will not survive any real war. So that's the fact. 819 00:45:20,560 --> 00:45:25,680 Speaker 15: And also this tariff we're adding will take away will 820 00:45:25,719 --> 00:45:28,760 Speaker 15: decouple from the Chinese Communities Party, which we talked about 821 00:45:29,160 --> 00:45:32,600 Speaker 15: for a long time. This will take their ability to 822 00:45:32,760 --> 00:45:38,000 Speaker 15: infiltrate any country to warfare American and also take their 823 00:45:38,200 --> 00:45:41,520 Speaker 15: funding for the military. This is a big thing. And 824 00:45:41,680 --> 00:45:46,640 Speaker 15: also you know this will encourage the Chinese labaging and 825 00:45:48,760 --> 00:45:52,239 Speaker 15: the common people to rise up and taking down the 826 00:45:52,320 --> 00:45:55,719 Speaker 15: Chinese Communitist Party. This is the best time. This is 827 00:45:55,760 --> 00:45:59,359 Speaker 15: the opportunity for Chinese people and also the people all 828 00:45:59,360 --> 00:46:03,520 Speaker 15: over the war word to take down the dictator dictatorship. 829 00:46:03,960 --> 00:46:08,680 Speaker 15: And also may make no mistake, I think this is 830 00:46:08,719 --> 00:46:13,120 Speaker 15: their last stance, the Chinese Communist part with their enablers, 831 00:46:13,560 --> 00:46:16,640 Speaker 15: they will fight to the better end as you just mentioned. 832 00:46:17,040 --> 00:46:21,120 Speaker 15: But the point is they don't have that capacity. They 833 00:46:21,160 --> 00:46:25,560 Speaker 15: don't they they everything built for the Chinese Communist Party 834 00:46:25,640 --> 00:46:29,399 Speaker 15: is built on the lines and the fake economy. So 835 00:46:29,520 --> 00:46:33,040 Speaker 15: that's something we have to understand. I think the American 836 00:46:33,040 --> 00:46:36,560 Speaker 15: people is not and should not panic the real people, 837 00:46:36,600 --> 00:46:40,480 Speaker 15: the real the truly terrified is the Chinese Communist Party. 838 00:46:40,719 --> 00:46:43,200 Speaker 15: That's why they have all this war. You know, we 839 00:46:43,320 --> 00:46:48,040 Speaker 15: talk about warrior, this is all their talk. They have 840 00:46:48,120 --> 00:46:53,839 Speaker 15: no capacity and they cannot survive this this fight. So 841 00:46:54,000 --> 00:46:57,759 Speaker 15: this is just a game of chicken. And also the 842 00:46:58,080 --> 00:47:01,400 Speaker 15: last thing I think we have to the American people 843 00:47:01,480 --> 00:47:04,200 Speaker 15: have to be prepared because you know what, the Chinese 844 00:47:04,239 --> 00:47:08,839 Speaker 15: Communist Party controls the propaganda even in this country. So 845 00:47:09,000 --> 00:47:13,040 Speaker 15: in China they one hundred percent control the media. So 846 00:47:13,239 --> 00:47:17,239 Speaker 15: whatever they do, they fight to the end. They sacrifice 847 00:47:16,960 --> 00:47:19,960 Speaker 15: the wellbeing of the Chinese people. 848 00:47:20,200 --> 00:47:20,799 Speaker 2: They don't care. 849 00:47:21,160 --> 00:47:25,279 Speaker 15: Think about we talk about Korean recently, think about Korean War. 850 00:47:25,960 --> 00:47:29,480 Speaker 15: They send one hundred thousand people and their soldier with 851 00:47:29,560 --> 00:47:33,399 Speaker 15: no weapon to die. They don't care. All they care 852 00:47:33,480 --> 00:47:37,520 Speaker 15: is about their power. So for this, they don't care about. 853 00:47:37,560 --> 00:47:41,880 Speaker 15: Their economy is a fake anyway, So they will fight. 854 00:47:42,640 --> 00:47:48,880 Speaker 15: They won't hesitate or delay their action. So for us, 855 00:47:49,120 --> 00:47:53,759 Speaker 15: for the American people, and especially the Ministration, we have 856 00:47:53,880 --> 00:47:59,480 Speaker 15: to act swiftly and decisively and boldly, because that's the 857 00:47:59,520 --> 00:48:02,479 Speaker 15: way you can't take in dull Chinese Communist Party. 858 00:48:04,680 --> 00:48:06,440 Speaker 2: So Forrest can hang out for a second. I want 859 00:48:06,440 --> 00:48:06,759 Speaker 2: to hold you. 860 00:48:06,960 --> 00:48:08,480 Speaker 3: I want to hold you through the break through the 861 00:48:08,480 --> 00:48:10,000 Speaker 3: next into the next segment. 862 00:48:10,680 --> 00:48:11,400 Speaker 2: Force two. 863 00:48:12,880 --> 00:48:15,200 Speaker 3: Joins us from the new Federal State of China. We're 864 00:48:15,200 --> 00:48:18,360 Speaker 3: going to put on a big conference on the anniversary 865 00:48:18,400 --> 00:48:22,279 Speaker 3: of Tenements Square on four June. Have a number of 866 00:48:22,360 --> 00:48:25,440 Speaker 3: very prominent speakers. I happen to think we'll still be 867 00:48:25,440 --> 00:48:27,680 Speaker 3: in the middle of this because this is not going 868 00:48:27,719 --> 00:48:28,880 Speaker 3: to get sorted quickly. 869 00:48:29,200 --> 00:48:30,680 Speaker 2: Chinese Commist Party has dug in. 870 00:48:30,800 --> 00:48:34,360 Speaker 3: They've said, quote from their finance minister and their trade minister, 871 00:48:34,880 --> 00:48:37,920 Speaker 3: they will fight Trump in the United States to the 872 00:48:37,920 --> 00:48:38,520 Speaker 3: bitter end. 873 00:48:39,280 --> 00:48:39,960 Speaker 2: We're going to find it. 874 00:48:40,080 --> 00:48:43,040 Speaker 3: From Forrest, that means going kinetic around Taiwan. 875 00:48:43,200 --> 00:48:45,440 Speaker 2: We take a short commercial break. We'll return in the 876 00:48:45,440 --> 00:48:46,720 Speaker 2: war room just a moment.