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:
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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.
President Donald Trump holds an impromptu presser aboard Air Force One en route back to Washington DC. Most of the conversation centers around the upcoming “Liberty Day” tariffs, and the Ukraine-Russia conflict.
According to National Economic Council Chairman Kevin Hassett, our President now has all the assembled data from the full review and analysis of the combined research of the MAGAnomic agencies within the White House. The analysis combines both tariff and non-tariff trade barriers to determine exactly what costs are put upon the U.S. export companies for goods that arrive in various countries.
All of those combined costs, by country, will determine the reciprocal amount of the tariff levied by President Trump. The announcement of tariff rates will likely come this week, with President Trump previously saying April 2nd and April 3rd being the beginning of the implementation dates.
President Trump also puts context on the headline quotes promoted by NBC news and Kirsten Welker about his consideration toward Vladimir Putin. A COMPLETELY DIFFERENT CONTEXT! President Trump simply noted that while President Putin doesn’t like Zelenskyy, and factually calls him illegitimate, Trump needs Putin to accept Zelenskyy in order to have the other chair at the peace table filled. That’s it. Pragmatic toward peace! WATCH:
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President Trump notes that after his warning of secondary tariffs against any nation who imports oil from Venezuela, Chinese ships pulled up anchor and left Venezuelan ports empty. Additionally, regarding Zelenskyy, President Trump notes the Ukraine President is going to face “a lot of trouble” if he backs out of the previously agreed minerals deal.
The atomic sledgehammer that President Trump just delivered to the German auto industry simply cannot be overemphasized. A 25% tariff on imported cars and car parts completely negates hundreds of billions in pre-positioned investment dollars by German auto companies in Mexico. [Executive Order Here]
To give scale to the impact on Germany, consider that German automakers currently have 330 automotive suppliers in Mexico according to information from VDA. Audi (a subsidiary of Volkswagen) has no U.S. production sites; every Audi sold in America will be subject to a 25% tariff. The Audi brand access to the U.S. market was/is 100% dependent on Mexico, including for manufacturing the Q5 SUV, its top-selling U.S. model.
According to prior reporting from Politico, “Volkswagen’s most popular model for American consumers is the Tiguan, an SUV that is entirely manufactured in Mexico. The German automaker sold over 30,000 of the vehicles in the final quarter of last year, a nearly 50 percent year-over-year increase.” But wait, it gets worse….
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].
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 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.
VIETNAM – Vietnam said it plans to cut import duties on a range of goods including cars, liquified natural gas and agricultural products.
[…] The announcement on the finance ministry’s website late Tuesday came less than two weeks after Prime Minister Pham Minh Chinh said the country was reviewing duties in order to encourage increased imports from the United States.
Vietnam represents the United States’s third-highest trade deficit, behind China and Mexico.
According to the finance ministry statement, import duties on some cars will be cut by half and the tax rate for liquified natural gas will drop from five percent to just two percent. Duties will also be cut for a number of other products including frozen chicken thighs, almonds, sweet cherries, raisins and wood. (more)
During President Trump’s first term, many companies proactively moved manufacturing operations from China to other nations in Southeast Asia. Vietnam was a big benefactor of the manufacturing shift. It is smart for them to respond to the reciprocal tariffs coming April 2nd by lowering their tariff rate.
Following a cabinet meeting, President Donald Trump and the various cabinet members hold a public press availability to outline fraud discovered within the budgets and spending of the agencies they head. Several examples of demonstrable fraud were highlighted by DOGE team lead Elon Musk, the Small Business Administration, the Environmental Protection Agency, the Dept of Energy, the Dept of Veterans Affairs and others.
President Trump explains that targeting the governmental spending “fraud” is critical as his administration focuses on growing the economy and bringing in major U.S. investment. Most of the spending being highlighted is fraud within the business model of U.S. politics. As noted by President Trump, it is not waste or abuse, it is simply fraud.
Commerce Secretary Howard Lutnick outlines his expectations in advance of April 2nd, economic liberation day. HHS Secretary RFK Jr outlined how the DOGE team is helping to streamline the goals and objectives of the healthcare system. President Trump guides the MAGAnomic conversation around the various cabinet secretaries.
Dept of Homeland Security Secretary Kristi Noem outlined how border patrol now has almost complete control over the U.S. border, and how the deportation operation is now removing record numbers of illegal aliens.
The Q&A session with media begins at 23:14 of the video above.
President Trump asks for Secretary Marco Rubio [24:57 of video] to review foreign policy and the Ukraine-Russia negotiations that are underway in Saudi Arabia. President Trump also notes the mid-east policy program is restarting the Abraham Accords to bring more nations into the alliance to stop regional hatred and create peace.
Around the 28:00 moment, President Trump notes the MAGAnomic policy initiatives that are starting to reduce prices. The price of energy input products is dropping rapidly along with gasoline and core food ingredients. Around 31:30 Treasury Secretary Scott Bessent outlines how Treasury is positioning policy to assist in economic growth.
At approximately the 34:00-minute mark, President Trump asks Transportation Secretary Sean Duffy about air safety and the goal of a new Air Traffic Control system. Secretary Duffy outlines the importance of DOGE to deliver solutions and assist with identifying problems.
Attorney General Pam Bondi who is primarily in position to keep the administration -and Trump himself- defended from Lawfare attacks, outlines how the DOJ is taking investigative referrals from the various cabinet members and will review identified instances of fraud for prosecution when warranted.
President Trump concludes the press availability by defending Elon Musk and his DOGE team from the attacks against him and his companies.
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.
Interim installed Canadian Prime Minister Mark Carney has confirmed the snap election for Canada is scheduled for April 28, 2025.
Given that Conservative Leader Pierre Poilievre generally sealed his fate with criticism of President Trump while aligning himself with a surging patriotic-leftist movement, it is now expected that Mark Carney will win the election.
Politico has an article about the dynamic underway, and the following quotes are noteworthy:
CANADA – […] Trump has even taken credit for turning the Liberals’ fortunes around.
“Before I got involved and totally changed the election — which I don’t care about, probably, it’s our advantage, actually — but the Conservative was leading against, I call him Governor Trudeau. The conservative was leading by 35 points,” he said Friday, while exaggerating the polls.
“I think Canada is a place, like a lot of other places, if you have a good candidate, the candidate is going to work,” Trump said.
[…] Canadians have responded to Trump’s intimidation tactics with an outburst of patriotism. They are canceling spring break plans, buying made-in-Canada products, damaging Teslas and booing “The Star Spangled Banner” at professional sporting events.
President Trump’s special envoy Steve Witkoff discusses his meetings with Vladimir Putin and the ongoing discussions with Ukrainian and Russian officials. WATCH:
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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.