According to French media, quoting multiple corporate leaders and company directors throughout France [LINK], the leadership of France’s biggest companies told Macron to ‘get stuffed’ following the French president’s demand to divest their interests from America.

President Macron ordered 50 of the largest companies with positions in the USA to attend an emergency economic meeting at Elysée Palace. As reported by French media, “Some of us fell out of our chairs,” confided one of the 50 or so French business leaders invited.”

“We are not in an administered economy,” thunders the leader of an employers’ movement. And the CEO of a CAC 40 giant bluntly asserts: “I don’t give a damn about what Macron says. We have operations in the United States. There is no question of abandoning them just like that. We must respect our commitments to our employees, our customers and our shareholders. An opinion shared by a manager of a spirits producer: “It is out of the question to stop investing in the United States, especially in the current economic slump.” [link]

This type of reaction should not be surprising at it reflects the transparent disconnect between ideological government officials and generally pragmatic business leaders.  Macron can stomp his reactionary feet, but corporate leaders and company owners are focused on the purpose of their enterprise, profit.

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Rick Santelli has been known to call the baby ugly when needed.  During an epic panel discussion around the motives and intentions of President Trump’s trade reset, Santelli gets passionate when describing the valid reasons for Trump’s tariffs.

The CNBC panel, mainly Steve Liesman, tries to downplay decades of the working-class being diminished by economic panel, and Santelli was having none of it.  Video prompted, WATCH:

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On March 27th, CTH shared the following: “Wealthy nations will attempt to maintain exports against President Trump tariffs by subsidizing their industries. Corporations have deeper pockets, and the politicians are used to the bribes, we call it “lobbying.” Therefore, the government responds by subsidizing the corporations [ie. the WEF business model].

How does the politics of opposition surface?  …”Canada will subsidize their export industries, Germany will subsidize their auto industry, the EU will provide subsidies to their manufacturing powerhouses, and China will once again start subsidizing their manufacturing industry. Each of these nations will in turn, eventually, devalue their currency.

However, poorer nations will be faster to lower import tariffs on USA goods because they have lower lobbying (bribe) income from corporations to govt. That’s what we should expect to see.” [LINK]

With the tariffs now triggered, it begins exactly as anticipated:

[SOURCE]

The economics of the thing is now colliding with the politics and the ideology, of the thing.  Globalists are being confronted.  The proverbial West will cleave according to their financial self-interest.

The World Economic Forum (Build Back Better) model no longer views the USA as an ally.  The MAGAnomic “Big Ugly” is underway.  Countries will thrash and gnash their teeth; then surge in opposition, fail, then attempt to refoot and realign, then surge again and fail again.

And so it will go…

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Tucker Carlson interviews the fulcrum between Wall Street and Main Street in the MAGAnomic policy world, Treasury Secretary Scott Bessent.

Secretary Bessent notes the goal of the tariff plan, and the accompanying economic policy is to give the working middle-class a boost in wealth and simultaneous relief from bad policy that has exclusively benefited the investment class. WATCH:

Chapters:

0:00 Trump’s Tariff Plan
5:42 The Current State of the Stock Market
8:22 Will Americans See Substantial Tax Cuts Because of Tariffs?
13:16 How Much Money Will America Make Through Tariffs?
14:33 Bringing Manufacturing Back to the US
20:14 Tariff Pushback From Foreign Countries

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President Trump delivers a speech at the White House outlining a global trade reset established on the principle of trade and tariff reciprocity.  [Primary Executive Order Here]  – [Executive Order Here]

“The post-war international economic system was based upon three incorrect assumptions: first, that if the United States led the world in liberalizing tariff and non-tariff barriers the rest of the world would follow; second, that such liberalization would ultimately result in more economic convergence and increased domestic consumption among U.S. trading partners converging towards the share in the United States; and third, that as a result, the United States would not accrue large and persistent goods trade deficits.”

“Put simply, while World Trade Organization (WTO) Members agreed to bind their tariff rates on a most-favored-nation (MFN) basis and thereby provide their best tariff rates to all WTO Members, they did not agree to bind their tariff rates at similarly low levels or to apply tariff rates on a reciprocal basis.  Consequently, according to the WTO, the United States has among the lowest simple average MFN tariff rates in the world at 3.3 percent, while many of our key trading partners like Brazil (11.2 percent), China (7.5 percent), the European Union (EU) (5 percent), India (17 percent), and Vietnam (9.4 percent) have simple average MFN tariff rates that are significantly higher.”

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Country-specific ad valorem rates of duty as specified in Annex I to the main Executive Order.

The tariffs generally target completed goods, not the imported chemical or component materials needed to by industry to manufacture the products domestically.  Annex II are the exemptions to the Executive Order.

I have been going through the details and will have much more soon.

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President Trump and the White House posted the following message to begin “Liberation Day.”

President Donald Trump is scheduled to end the U.S Marshal Plan for Europe, eliminating one-way tariffs eighty years after the Marshal Plan began.  President Trump is now planning to institute global reciprocal tariffs, by matching all tariff and non-tariff trade barriers and restrictions.  WATCH:

[SOURCE]

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President Donald Trump talks about placing tariffs on Canadian goods.  Ontario Premier Doug Ford talks about “inflicting as much pain as possible on the American people.”  See the difference?   Tell me again how the term “snowmexicans” is insulting.  I digress.

A few thoughts.  First, apparently Doug Ford doesn’t quite understand that tariffs on steel, aluminum and auto imports are not part of the “reciprocity” tariff regime.  They are an entirely different category classified under national security directives to ensure American industrial capacity.

Second, as Canada moves into the “freedom fries” phase, voices like Doug Ford might want to consider the end of this continuum that finds the word “embargo” in the lingo. Perhaps President Trump would consider elevating the conversation to “reciprocity” in the banking sector.  Again, I digress.

Ontario Premier Doug Ford announces the Canadian government intention to “inflict as much pain as possible against the American people.”  WATCH:

Canadians just don’t get it.  Meanwhile, as it was within most of the originating negotiations of the USMCA, Mexico smartly stays quiet as stompy feet Canada draws the attention from President Donald Trump.

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Tariffs simply work. This is no longer a debatable issue, and decades of Wall Street gaslighting collapses as the outcomes of tariffs generate visible economic benefits for all Americans.

South Korea-based Hyundai and President Donald Trump announced a $20 billion investment in US on-shoring on Monday, which includes a $5 billion steel plant in Louisiana,

The $5.8 billion Louisiana facility will be the car manufacturers’ first steel manufacturing facility in the US and will produce more than 2.7 million metric tons of steel a year and create more than 1,400 jobs. It will supply steel to auto plants in Alabama and Georgia, Trump said in remarks at the White House.

The announcement at the White House included President Trump, Hyundai Chairman Euisun Chung and Louisiana Governor Jeff Landry. WATCH:

The Hyundai announcement comes as the highly anticipated April 2nd “reciprocity tariffs” are scheduled to begin against all nations.  For the EU this means an end to the 80-year-old Marshal plan of economic benefit.

Effective April 2, 2025, the U.S. will begin a process of reciprocal tariffs on imports from all nations with tariffs against U.S. products.

If a nation charges a 20% tariff on a U.S. good, in combination with a 20% non-tariff trade barrier, President Trump will calculate the financial impact and then reciprocate with a 40% tariff put on that nation’s goods being imported to the USA.

Globally, all nations are calculating how to deal with this issue.  Hyundai’s best position calculations end up with this announcement.

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If you are concerned about the economics of American life, the first step is to understand the financial influences that were put into place by President Obama, then again with Obama’s team using the auspices of Joe Biden.

President Trump is rapidly untangling the tentacles of Obama’s “share the wealth” exfiltration policy, and he will achieve success on a scale most economic analysts cannot fathom.  Traditional financial media, including those who follow the influences of Wall Street are constrained by their need to retain pretenses.  However, President Trump and his economic team are very clear-eyed and focused.

We are already seeing major drops in core energy prices including gasoline.  These decreases will have downstream impacts on all consumer goods, and we will notice a significant drop in food prices in two steps.

The first will be moderate and the result of harvest one cost decreases. The second price drop will be even greater and will come as a result in major farm costs for the second harvest sequence. By Thanksgiving 2025, lowered energy prices in combination with ‘food prepared at home’ price drops will be the leading cause of a major decline in inflation.

In the background of this domestic outcome, the April 2nd tariffs will start to ripple through durable goods.  Initially, there will be waves and fluctuations as some durable goods prices increase and other durable goods prices decrease.  The more the components of the product are domestically manufactured, the more the price of the end product will drop in price.

As a result, the aggregate downward pressure (higher domestic content) will exceed the upward pressure (higher import content component goods) and overall prices for durable goods will decline.  This deflationary pressure point will increase over time as the end of the Marshal Plan starts to return dollars to the United States.

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The issue of Canada becoming the 51st state arose from a conversation in Mar-a-Lago between Prime Minister Trudeau and U.S President Donald Trump.

As Secretary of State Marco Rubio outlined, Trudeau said if President Trump was to make the Canadian government pay reciprocal tariffs, open the USMCA trade agreements to force reciprocity, and/or balance economic relations on non-tariff issues, then Canada would collapse and cease to exist.

In essence, Canada cannot survive as a free and independent north American nation, without receiving all the one-way benefits from the U.S. economy. To wit, President Trump then said, if Canada cannot survive in a balanced rules environment, including putting together their own military and defenses (which it cannot), then Canada should become the 51st U.S state.

This is the first point of contention for the gender-correct qualifications of Canadian Ambassador to the U.S, Kirsten Hillman. Ambassador Hillman appears on Fox News Sunday’ to comment on U.S.-Canada relations, trade negotiations and how a federal election could impact the relationship between the two nations.

Ms. Hillman says Canadians will never give up their sovereignty. Let me repeat the non-pretending reality.  If Canada loses all of the one-way benefits it receives from its relationship with the United States, the Canadian system of government and economics collapses.

Closed and non-competitive banking and finance sectors; a small military budget that does not even reach NATO expectations; an assembly or ‘pass through’ economy that doesn’t have heavy industry but instead assembles goods from foreign nations for transport into the United States; one-way excessive tariffs on American products.  If these are ended, the lifestyle of the Canadian people immediately changes.  Hence Trudeau saying, Canada cannot exist.

At the current rate of economic conflict, the Canadian dollar will lose 50% of its value by mid-summer 2025.  This is the unavoidable reality Ms Hillman and the Canadian left-wing government will not openly discuss.

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