President Trump’s impromptu remarks from inside the Ford F150 plant will probably not make headline news because, well, quite frankly, what President Trump says below is something the financial media just don’t want to discuss.

This is really an important point.  In the era where information is skewed based on the interests of the organization sharing the information, government or private sector media, it is extremely valuable to just listen to what President Trump says directly.  In comments such as this brief segment below, you can see exactly where he is going with manufacturing and trade policy.

Specifically pay attention to how President Trump emphasizes, then reemphasizes the irrelevance of the USMCA from his perspective.  As we have noted all along, the Trump administration (USTR Greer) will abandon the trilateral USMCA this year and instead begin a formal process for two bilateral free trade agreements.

Now, the entire financial media system is pretending this is not going to happen, especially in the statements by every stakeholder north of the border.  However, listen to how President Trump himself describes the USMCA or CUSMA as the Snow Mexicans like to call it.  Trump is completely nonplussed about what is going to happen.  WATCH:

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Following a tour of a Ford truck plant, President Trump will be delivering remarks on the status of the economy to the Detroit Economic Club.   The anticipated start time for his remarks is 2:00pm ET with livestream links below.

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Chopper pressers are the best pressers.  President Trump delivers impromptu remarks departing the White House to deliver a speech in Detroit.  WATCH:

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President Trump holds an impromptu press briefing flying back to Washington DC.

TOPICS: Iran protests, Response to Iran actions, You go to Venezuela? Meet with Delcy Rodriguez? When meet with Machado? Oil company commitments, Guarantees for oil companies, Deal with Cuba, Oil tankers and Cuba, Send Starlink to Iran? (DT: Going to call Elon Musk) Iran retaliate? Machado meeting Q2, Gaza Board of Peace. Greenland, Greenland and NATO, Pull USA out of NATO? Offer to Greenland? UK, Germany & Greenland, Put more bases in Greenland?

TOPICS (Cont.): Immunity for Minn ICE officer, Should ICE have immunity? Deadly force (ICE), You going to Detroit, Bill in the Senate, Object at Palm Beach Airport, Message to Iranian people, Iran opposition leaders, Melania’s film, Melania film premiere at TKC. Mortgage bond purchases, Credit card interest rates, Negotiate with Iran? (DT: They called), Your DC golf club.

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Details are scant, and I’m not exactly sure how this would work, but President Trump has proposed a one-year freeze on credit card rates at 10%.

[SOURCE]

As noted by Politico, previous “legislation sponsored by Sen. Bernie Sanders (I-Vt.) and cosponsored by Sen. Josh Hawley (R-Mo.) would impose a 10 percent cap on credit card rates for five years. Similar legislation has been introduced in the House.”  Yet, unilateral authority by a President does not seem evident.

If anyone has any information on how this could be accomplished, feel free to share. I’m not sure how this can be done.

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President Trump sat down with Sean Hannity to communicate with the segment of the MAGA support base who still watches Fox News.

Within the interview President Trump discusses the operation to capture Venezuelan dictator Nicolas Maduro and the ongoing policy objectives for the region.

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This is a good move.  Given that Democrats and professional leftists are trying to create a national anti-Trump narrative based on the Minneapolis, Minnesota, ICE shooting incident, Vice-President JD Vance will be supporting White House Press Secretary Karoline Leavitt at the podium today.  The anticipated press briefing is at 1:00pm ET.

Minnesota officials and activists are changing the headline topic from rampant fraud and criminal theft centered in the ethnic Somalia enclaves of the Minneapolis community, to the issue of federal law enforcement shooting an anti-ICE activist.  The scale of the Democrat reaction is in direct proportion to the scale of the Democrat fraud they are distracting from.

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Today at 11:00am ET, White House Press Secretary Karoline Leavitt will hold a press briefing on current events. Livestream Links Below:

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President Donald Trump will be delivering remarks today at a House Republican conference event.  The anticipated remarks are scheduled to begin at 10:00am ET with livestream links below:

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Once again giving context to the immediate reaction from Mexican President Claudia Sheinbaum following the operation to exfiltrate Venezuelan dictator Nicolas Maduro, during the return flight to Washington DC President Trump spoke about how President Sheinbaum is “a little afraid” of the cartels in Mexico.

When asked about his previous offer to have the U.S. military intervene in the drug and human trafficking operations within Mexico, President Trump said, “I would say every single time I’ve talked to her I’ve offered to send troops.” Following up with, “she’s concerned, she’s a little afraid, the cartels are running Mexico. Whether you like it or not, the cartels are running Mexico.”  WATCH:

This is not just an ordinary off-the-cuff statement when you consider the ramifications. There is no closer geographic nation to the mainland United States other than Mexico, and President Trump is being brutally honest in his statement that Mexican President Sheinbaum is afraid of the cartels.  The cartels run the Mexican government.

Mexican residents living in the United States and sending money back to Mexico are a major economic driver of Mexico’s GDP.  Currently the best estimate of GDP is that personal remittances make up around 4% of their domestic economy.  The United States sent $62.5 billion dollars in remittances to Mexico in 2024, 96.6% of the total received by the country. 47% of remittances from the United States to Mexico are sent from California and Texas [source].

The remittances essentially subsidize the average Mexican family, while the illegal cartel income is estimated around $12 billion annually [source].   The total Mexican GDP is around $1.7 trillion [source], Canada is roughly $2.4 trillion, the United States is around $30 trillion.

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