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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President Trump makes an announcement of secondary tariffs targeting Venezuela by triggering a 25% tariff against any nation who purchases Venezuelan oil or gas.

China is the largest purchaser of Venezuelan oil, followed by the USA after Joe Biden changed the sanctions regime.

The tariff timeline is set to trigger on April 2nd, the same date as the reciprocal tariffs against all nations.

Truth Social – “President Donald J. Trump announced today that the United States of America will be putting what is known as a Secondary Tariff on the Country of Venezuela, for numerous reasons, including the fact that Venezuela has purposefully and deceitfully sent to the United States, undercover, tens of thousands of high level, and other, criminals, many of whom are murderers and people of a very violent nature.

Among the gangs they sent to the United States, is Tren de Aragua, which has been given the designation of “Foreign Terrorist Organization.” We are in the process of returning them to Venezuela — It is a big task! In addition, Venezuela has been very hostile to the United States and the Freedoms which we espouse.

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Yesterday, Sunday night, the U.S technical delegation met with representatives from Ukraine to get deeper into specifics of what Ukraine wants for a ceasefire.  The meetings are taking place in Saudi Arabia.

The Ukrainian delegation was led by Defense Minister Rustem Umerov.  Heorhii Tykhyi, foreign ministry spokesperson, said on Friday the Ukrainian and American sides were due “to clarify the modalities, the nuances of possible different ceasefire regimes, how to monitor them, how to control them, in general, what is included in their scope”.

Following the meeting with the Ukrainian delegation who, together with elements of the CIA/EU and NATO – visibly appear to hold a desire to continue the war (and funding therein), the U.S delegation is scheduled to meet with their Russian counterparts today (Monday).

SAUDI ARABIA – […] Trump said on Saturday that efforts to stop further escalation in the Ukraine-Russia conflict were “somewhat under control”. The U.S. hopes to reach a broad ceasefire within weeks, targeting a truce agreement by April 20, Bloomberg News reported on Sunday, citing people familiar with the planning.

Russian and U.S. experts meeting in Saudi Arabia on Monday are due to discuss ways to ensure the safety of shipping in the Black Sea, the Kremlin has said.

Despite all the diplomatic activity, Russia and Ukraine have both reported continued strikes, while Russian forces have also continued to advance slowly in eastern Ukraine, a region Moscow claims to have annexed.  (read more)

As soon as details can be worked out, hopefully sooner rather than later, President Trump can then schedule a face-to-face meeting with the unelected leader of Ukraine, Volodymyr Zelenskyy and Russian President Vladimir Putin.

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Attorney General Pam Bondi makes her 69th Fox appearance this year to talk about how the Biden and Congress approval ratings are terrible when contrast against their opposition to President Trump’s deportation program.

As a political pundit Mrs Bondi is an effective communicator as she outlines how Judge Boasberg made her work on weekends.  However, as the head of the United States Dept of Justice, those political skillsets just don’t transfer to legal acumen.  What we end up with is performance #69.  WATCH: 

We worried that AG Pam Bondi would be performative. We didn’t know each performance would be on Fox News.

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Commerce Secretary Howard Lutnick appears for an extensive discussion with the All In podcast.  Secretary Lutnick has been a 30-year friend of President Trump and is currently one of the most critical members of the MAGAnomic team who are executing Trump’s agenda to Make America Great Again.

Secretary Lutnick outlines the background of what makes President Trump so effective in his position, and within the discussion Lutnick notes at the core of Donald Trump is “the most intuitive person he has ever known.”  This is a casual discussion about President Trump and how Lutnick came into the administration.  WATCH:

CHAPTERS:

(0:00) Chamath and Friedberg welcome Commerce Secretary Howard Lutnick!
(1:10) Howard describes his 30+ year relationship with President Trump and his road from business to politics
(14:44) Running Trump’s transition team, DOGE origin story, what it’s like working for Trump
(38:01) Balancing the budget and fixing GDP
(52:21) Tariff history and strategy, global trade
(1:10:34) Trump Cards, building better government software, AI thoughts
(1:22:49) Sovereign Wealth Fund strategy
(1:37:16) How his family reacted to his new role

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Steve Witkoff is one of the most important people within the administration. Witkoff plays the key role of emissary and envoy for President Trump carrying his message to designated ears and returning with information.

It is certainly frustrating to the global operatives of the CIA not to have the ability to influence and control the messaging and information flow from and around President Trump. Without a doubt the use of envoys and emissaries has to be giving the Intelligence Community significant frustration headaches.

Within the interview Witkoff walks through what he has seen and discussed in numerous conflict zones. The majority of the interview focuses on the Israel-Hamas conflict, and Witkoff’s action toward negotiation peace, as a result of the question priority of Tucker Carlson. The remainder of the interview, approximately one-third, focuses on the Ukraine-Russia conflict.

Tucker Carlson also emphasizes the U.S. media attacks against Witkoff, which I would say are significantly overstated (motive unknown), distractingly so. Overall, a great insight into Steve Witkoff, President Trump and the peace agenda of the Trump administration, while simultaneously (oddly) you can sense Tucker Carlson is engaged with Witkoff with an intent to shape the conversation. WATCH:

Chapters:

0:00 What Witkoff Has Learned as Trump’s Global Negotiator
4:10 Negotiating With Israel, Hamas, and Qatar
12:50 Will We Achieve Peace Between Israel and Hamas?
19:09 Why Corporate Media Hates Witkoff

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While repeating his claim that Canada can easily replace their trade relationship with the USA by seeking larger trade relationship with other countries, specifically the EU, current interim Prime Minister Mark Carney repeats that no contact will be attempted or accepted by the Canadian government until President Donald Trump shows him respect.

This doesn’t portend favorably for U.S-Canada relations; which, to be fair, they would argue have been destroyed by President Donald Trump questioning their sovereignty.  However, here’s the kicker, what Canadians don’t seem to realize is that questioning their sovereignty is simply a strategy by President Trump to eliminate the one-sided trade relationship with Canada.

It is funny to me that Canada just can’t figure this out.

As long as Canada refuses to engage with President Trump due to a perceived lack of respect, President Donald Trump will continue to enhance his disrespect of Canada, because the absence of engagement assists his ‘total trade reset’ objective.  President Trump wants to ¹show, perhaps prove to the Canadian people, how dependent they are on their USA relationship; vis-a-vis they are already not a sovereign, economically independent nation.  WATCH:

¹Somewhere around 80% of Canadians have no concept of how their economy is functioning {GO DEEP}. Most Canadians seem to think they have some form of capitalistic system in operation and tweeking the knobs will fix things; it won’t.

So, from an American political perspective, specifically from the perspective of President Trump – as noted in all of his repeated remarks about the upcoming Canadian election – having Mark Carney carry out his policies and watching the system therein collapse, might break the borg-mindset.  It will be massively painful for Canadians when their currency hits around 0.25¢ to the US dollar.  However, that currency collapse will ¹more than eliminate any Trump tariff impact.

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Judge Boasberg said: “By March 21, 2025, at 10:00 a.m., Defendants shall submit a sworn declaration by a person with direct involvement in the Cabinet-level discussions regarding invocation of the state-secrets privilege;” (link)

Deputy AG Todd Blanche responds:

[SOURCE]

Boasberg gets the legal equivalent of “yup” from Blanche.

Funny.

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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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Judge James Boasberg issues a three-page order [SEE HERE] demanding the Trump administration deliver cabinet level details about their criminal alien deportation operation.

Boasberg claims the information provided to him so far is “woefully inadequate,” and lacks the citations of what cabinet-level officials were involved in deporting criminal illegal aliens and Tren de Aragua gang members protected by a leftist immigration organization employing Judge Boasberg’s daughter.

Judge Boasberg appears to be focused on generating a contempt order against the Trump administration.  Presumably, this would give Boasberg’s allied Democrats in congress a foothold for their needed 2018 election effort and another impeachment attempt.

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