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
During one of the 2016 Republican debates, the Wall Street Journal’s Kimberly Stassel challenged Donald Trump on the projected revenue from his proposed tax plan. In essence Stassel claimed some economists doubted the growth factor Mr. Trump projects in his tax proposal.
What was highlighted within the question was one of the larger hurdles Trump faced as he needs to re-educate an entire generation on a fundamentally new vision of the U.S. economy. A return to a goods-based manufacturing and industry driven economic model.
President Trump’s MAGAnomic trade and foreign policy agenda is jaw-dropping in scale, scope and consequence. There are multiple simultaneous aspects to each policy objective; they have been outlined for a long time.
Interestingly, many people have forgotten a 1991 (35 years old) video of Donald Trump testifying before congress – as evidence of him being tuned in to the economic consequences of political activity.
The entire video is well worth watching, because it gives us insight into a very specific moment in time as they discuss the ‘Reagan era’ 1986 tax reform act.
However, for the sake of this discussion post, I would like to draw your attention to a very specific exchange between Donald Trump and Representative Helen Delich Bently (R-MD).
Secretary of State Marco Rubio is attending a meeting of NATO foreign ministers in Brussels. The timing puts Secretary Rubio in Europe just as NATO allies and European countries are reviewing the impact of the reciprocal tariffs levied against them by President Trump.
The press pool reacts to the concerns of several European and NATO member states through their questions. Secretary Rubio eloquently cuts through the nonsense, through the narrative engineering, and deliberately – with clarity – outlines the position of the Trump administration. Secretary Rubio is well within his element in these responses.
Rubio has really showcased a remarkable talent in support of President Trump and the diplomatic agenda of the Trump administration; remarkably so. The era of pretending diplomacy is coming rapidly to a close and Rubio is doing very well in his position. WATCH:
Canadian Prime Minister Mark Carney spins a tale of Automaker Stellantis temporarily shutting down auto plants in Canada and Mexico as an outcome of President Trump’s tariffs. Unfortunately, the gaslighting by Carney might work on less intellectual SnowMexicans, but it fails here.
Stellantis, an EU centered auto company who sell Dodge, Ram (made in Mexico) and Dodge, Durango (made in Canada), have been in a deepening crisis for over a year as a result of poor brand management, poor development and weak North American sales. In short, their cars and trucks are not selling, that’s why the CEO quit in December, and they fired and replaced the North American leadership team. It has nothing to do with Trump’s auto tariffs against Mexico and Canada.
That said, Mark Carney used the Stellantis plant closing (Windsor) as cover to announce that Canada would match the auto-tariffs with a 25% countervailing duty against all U.S. made cars and trucks. [Prompted]
This approach only raises the ceiling for the U.S. tariffs against Canada. Quite frankly, I’m not sure why President Trump would continue to play this game with Carney and should (for the sake of simplicity) just cancel all trade with Canada and begin an immediate embargo and border blockade.
Tell the Carney clown to stay at home, shut it all down and let the Canadians live as a sovereign nation under the rule and regulation of the EU while they continue to destroy their energy resources and import foreign workers. It’s silly to keep entertaining Canada as if they really matter.
If it wasn’t for the national security threat they could represent on our border, Canada would likely get little policy attention from any administration. The Trudeau/Carney’s of the world are just annoying now. Sorry Canada, but this Carney guy is even worse than the last Prime Minister. They won’t even say “USMCA” because it’s Trump or something. So, Carney says “CUSMA” 😂🤣😂 Childish, silly and so typically leftist. Too funny!
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.
Republican Randy Fine, a state senator, defeated Democrat and teacher Josh Weil in a special election that attracted national attention and millions of dollars. Leftist candidate Josh Weil raised almost 10 times as much money as Fine; however, with the votes counted Randy Fine won by 14 points [DATA].
Republican Jimmy Patronis also won a special election to hold this panhandle-based seat for the GOP. The seat was formerly occupied by Matt Gaetz. Patronis defeated Democrat Gay Valimont, who was also the party’s nominee in the 2024 general election. Patronis also won by 14 points [DATA].
Media and political punditry are noticing that neither district was won at the same margin as President Trump (roughly +30 points). As the narrative is spun by Leftists and their professional GOPe allies, the closer margin indicates doom for republicans in the mid-term 2026 election.
BOTH FLORIDA HOUSE SEATS HAVE BEEN WON, BIG, BY THE REPUBLICAN CANDIDATE. THE TRUMP ENDORSEMENT, AS ALWAYS, PROVED FAR GREATER THAN THE DEMOCRATS FORCES OF EVIL. CONGRATULATIONS TO AMERICA!!! ~ President Donald Trump
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.
Despite our already outlining each of these details the New York Times is now confirming, do not overlook the geopolitical consequences that will surface as a result of their publication.
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.
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:
Elon Musk and the primary members of the DOGE team gave a behind the scenes review of their mission to Fox News correspondent Bret Baier. Elon Musk outlines how the Dept of Government Efficiency is on track to remove $1 trillion in excessive waste, fraud and abuse from the federal budget.
The team discusses just how excessive the fraud is within the federal spending programs as they outline finding after finding of federal spending that is often outrageous and stunning. This is MUST WATCH television.
