Vice President JD Vance appears on Fox News this morning to discuss the trade tariffs and the ongoing MAGAnomic trade reset.
The reciprocal tariffs and global trade rebalance are two components of a much larger MAGAnomic policy. Tax structures to the benefit of the working-class, upward pressure on wages and expanded GDP growth are all elements of increasing the wealth of Main Street and middle-class Americans. WATCH:
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The de minimis loophole comes from back in the 1930s. The idea back then was, say you went on a vacation to Paris, you shouldn’t have to file customs paperwork or pay taxes if you decided to ship some little Eiffel Tower statues to your friends back home.
Congress in 2015 then raised the de minimis threshold from $200 to $800. However, the e-commerce world exploded, and Chinese companies began using the de minimis loophole to ship cheap goods (ex. Temu and Shein) into the USA direct to consumers without paying any customs duty.
Yesterday as part of the global trade reset and tariff structure, President Trump revoked authorization for Chinese goods to transfer to the USA using the de minimis rule. The de minimis exemption has been cancelled for all products coming out of China. The rule change only targets China and Chinese shippers. No one else.
The minimum duty is $25, and the tariff rate is 30% for all products mailed from China into the USA that previously qualified under the de minimis rule.
Beyond tariffs or sector specific countervailing duties, the removal of China to use the $800 de minimis exemption will destroy their economy. There is no way for manufacturers in China, marketed into the USA, to be able to survive if they are forced to collect and organize the requirements for U.S. custom and import duties. They will simply dissolve.
FACT SHEET – […] “Following the Secretary of Commerce’s notification that adequate systems are in place to collect tariff revenue, President Trump is ending duty-free de minimis treatment for covered goods from the People’s Republic of China (PRC) and Hong Kong starting May 2, 2025 at 12:01 a.m. EDT.
Imported goods sent through means other than the international postal network that are valued at or under $800 and that would otherwise qualify for the de minimis exemption will be subject to all applicable duties, which shall be paid in accordance with applicable entry and payment procedures.
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.
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]
Kid Rock appears on Stuart Varney show to discuss a dinner he helped organize between President Trump, Bill Maher, Dana White and himself.
According to Kid Rock the dinner went great, and everyone participating talked about the commonality of the things at the core of MAGA, economic security, border security, elimination of cultural Marxism and non-interventionist foreign policy. WATCH:
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It’s also a little funny, because Stuart Varney is apoplectic inside about the auto tariffs.
The New York Times published two articles {HERE and HERE} revealing: 1) that U.S. military boots are on the ground in Ukraine. (2) The U.S. military is actively involved in the ongoing targeting of strikes into Russia. (3) The CIA is operating in Ukraine and conducting targeted strikes into the Russian Federation mainland.
New York Times – […] [F]or nearly three years before Mr. Trump’s return to power, the United States and Ukraine were joined in an extraordinary partnership of intelligence, strategy, planning and technology whose evolution and inner workings have been known only to a small circle of American and allied officials.
[…] The idea behind the partnership was that America’s close cooperation with Ukraine would compensate for Russia’s vast advantages in manpower and weaponry. To guide the Ukrainians as they deployed their ever-more-sophisticated arsenal, the Americans created an operation called Task Force Dragon.
The secret center of the partnership was at the U.S. Army garrison in Wiesbaden, Germany. Each morning, U.S. and Ukrainian military officers set targeting priorities — Russian units, pieces of equipment or infrastructure. American and coalition intelligence officers searched satellite imagery, radio emissions and intercepted communications to find Russian positions. Task Force Dragon then gave the Ukrainians the coordinates so they could shoot at them.
Marine Le Pen in France, Jair Bolsonaro in Brazil, Imran Khan in Pakistan, Matteo Salvini in Italy, Donald Trump in America, Calin Georgescu in Romania. These are the latest populist candidates targeted by Lawfare in “democratic” nations and blocked from office. Amid the group, only President Trump defeated the globalist alignment against him.
Marine Le Pen and 24 other officials were accused to paying staff for the National Rally party with EU commission funds intended to pay European Union parliamentary aides, a claimed violation of the European Union regulations. Le Pen was a representative to the EU and is currently the leading candidate in France.
Marine Le Pen and her co-defendants were not accused of personally benefiting from the EU financial process and denied any wrongdoing as it related to paying staff and parliamentary aides. However, a French court ruled she did pay for party staff with the wrong funds and her punishment is 2 years of house arrest and a five-year ban from office.
REUTERS – […] The court sentenced Le Pen to two years’ imprisonment under house arrest, but it was the political ramifications of ineligibility that dealt the biggest blow to her foreseeable political future.
Le Pen and 24 other officials from the National Rally were accused of having used money intended for EU parliamentary aides to pay staff who worked for the party between 2004 and 2016, in violation of the 27-nation bloc’s regulations. Le Pen and her co-defendants denied wrongdoing.
FBI Director Kash Patel and Deputy FBI Director Dan Bongino both overlook key issues. I’ll explain after a review of this update from Deputy FBI Director Bongino (as shared on his Twitter Account):
“In the best interests of openness and transparency I’ll be posting regular information updates on this account.
-The Director and I are working through many of the transparency issues. We are focused on getting this done the right way, and as quickly and efficiently as possible. Many of these cases involve victims, both young and old, who we will not allow to be re-victimized by a rushed and sloppy effort.
-We are engaging with all of our personnel on transparency, while simultaneously dealing with a number of serious threats to the Homeland, our children, our economy, and our infrastructure. We absolutely cannot afford to miss any threats in those spaces. Multi-tasking isn’t an option here.
Russian President Vladimir Putin recently (3/27/25) visited the Commander and Crew of the latest Russian nuclear submarine, the Arkhangelsk.
The Arkhangelsk is a Project 885M Yasen-M ship, the latest fourth-generation multipurpose nuclear-powered submarine capable of carrying any sea-launched missiles and effectively hitting targets both at sea and on land. The submarine was completed and delivered to the Russian Navy on December 27, 2024. “Its crew has recently completed its basic training and is now ready to carry out its duties at sea.”
President Putin’s full remarks are HERE.
♦ Could you share your assessment of the latest developments and how the special military operation has been unfolding?
Vladimir Putin: “Of course, I can.
To put it briefly, we are gradually moving towards achieving all the objectives we set for ourselves at the start of the operation. Some would have liked these advances to happen at a quicker pace, but we have gathered steady momentum and have been confidently advancing our positions. But I would like to frame this question in a different way.
What I want to say is that we were not the ones who started or launched hostilities. It all started in the wake of the 2014 coup d’etat in Ukraine. Western countries supported it, and this was how hostilities broke out in southeastern Ukraine.
We tried to resolve these issues by peaceful means for eight years. Taking Crimea and its people, as well as the people of Sevastopol under our wing was something we had to do. And we went to great lengths and were unrelenting in our efforts to resolve all matters concerning Donbass and Lugansk by peaceful means.”
The Chief of Staff to the President is a key administration official in any White House. With one foot in policy and one foot in politics, the CoS shapes the outcomes of a presidency.
Current White House Chief of Staff, Susie Wiles, appears on Fox News for an interview with Lara Trump to share her views and perspectives along with her role in assisting President Trump with MAGA success.
Within every interview there are always nuggets that help put perspective on the interpersonal dynamics. One of the nuggets within this interview is Wiles sharing how she came to be in the original orbit of President Trump.
According to Wiles she was “asked by a mutual friend” to travel to New York and meet with candidate Trump in “late December 2015.” That timeline would be post-Fox Debate (Megyn Kelly attempted hit – Aug ’15) when President Trump was leading every republican primary poll and became the enemy of the professional Republican establishment. WATCH:
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