Here are the basic resources you need to dive into President Trump’s global trade and tariff reset.  Topline opinion at the end of the document summaries.

♦ United States Trade Representative: 397-page detailed analysis of global trade relationships with the United States. The 2025 National Trade Estimate Report on Foreign Trade Barriers (NTE) is the 40th report in an annual series that highlights significant foreign barriers to U.S. exports, U.S. foreign direct investment, and U.S. electronic commerce. This document is a companion piece to the President’s 2025 Trade Policy Agenda and 2024 Annual Report, published by the Office of the United States Trade Representative (USTR) on February 28, 2025. SEE REPORT HERE

♦ President Trump Executive Order: Regulating Imports with a Reciprocal Tariff to Rectify Trade Practices that Contribute to Large and Persistent Annual United States Goods Trade Deficits. READ EXECUTIVE ORDER HERE:

♦ ANNEX #1 – Outlining the tariff rate per country as assigned.  SEE HERE

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♦ ANNEX #2: 37-pages outlining the products that are exempted from the globally specified tariffs. The tariffs generally target completed goods, finished durable goods, not necessarily the chemical components or compounds needed if we are to manufacture or build the product in the USA.  Therefore Annex 2 provides the list of all products, chemicals, components and compounds that are exempt from the tariff program.  [SEE EXEMPTIONS HERE]

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US Treasury Secretary Scott Bessent discusses President Trump’s tariff plans, federal deficit negotiations and the efforts to extend the 2017 tax cuts with Annmarie Hordern on “Balance of Power.”

Bessent walks through a strong, focused and deliberate outline while warning other nations not to assemble any retaliatory effort, or else the tariff ceiling currently outlined is likely to go much higher.  WATCH:

SEGMENTS:
00:00- Bessent says of tariffs, “this is the number barring retaliation”
01:20- China tariff rate, potential rate
03:13- Bessent on markets: “A mag seven problem, not a MAGA problem
05:07- Potential timing of reconciliation bill
07:00 – US on Debt ‘Warning Track’ for May or June
07:45 – Bessent on raising revenues through tariffs
09:18 -Bessent discusses US soft data, sentiment
10:25 – Government agenda for the remainder of 2025, Ukraine progress, and Iran

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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.

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Yesterday President Donald Trump signed an executive order targeting: “Immediate Declassification of Materials Related to the Federal Bureau of Investigation’s Crossfire Hurricane Investigation.” [ORDER TEXT HERE]

Within the XO President Trump informs the Attorney General (Pam Bondi) the Director of National Intelligence (Tulsi Gabbard), and the Director of the Central Intelligence Agency (John Ratcliffe), “I have determined that all of the materials referenced in the Presidential Memorandum of January 19, 2021 (Declassification of Certain Materials Related to the FBI’s Crossfire Hurricane Investigation), are no longer classified.”

However, there’s an important set of qualifiers.

“I have further determined that the material proposed for redaction by the Federal Bureau of Investigation in a cover letter dated January 17, 2021, remains classified.

My decision to declassify the materials described above does not extend to materials that must be protected from disclosure pursuant to orders of the Foreign Intelligence Surveillance Court and does not require the disclosure of certain personally identifiable information or any other materials that must be protected from disclosure under applicable law.” (link)

Caution is warranted.  Yes, there may be a few new items, perhaps a few redactions removed on previously released items, but essentially this is likely be a rehash of assembled component parts we have already discussed at length.  In essence, this sounds like the Mar-a-Lago ten-inch binder content the FBI was previously trying to get back.

There is also a possibility the FISA Court has ordered some materials related to the Crossfire Hurricane investigation, sealed by the FISC.  President Trump does not extend his order to these materials.

There is a certain likelihood the CIA holds foreign intelligence equities that tangentially supports the origin of the Crossfire Hurricane targeting.  We already know officials and intelligence operations from the U.K, Australia, Italy and Israel were involved in the 2016 operation against Trump.  President Trump does not extend his order to these materials, because the equity ownership of the classified material rests in the foreign intelligence services.

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President Trump has given remarks supporting National Security Advisor Mike Waltz during an interview with NBC.

WASHINGTON – President Donald Trump stood by his national security adviser, Mike Waltz, after The Atlantic’s editor-in-chief was accidentally added to a private, high-level chat on the messaging app Signal where military plans were being discussed.

“Michael Waltz has learned a lesson, and he’s a good man,” Trump said Tuesday in a phone interview with NBC News.

When asked what he was told about how Goldberg came to be added to the Signal chat, Trump said, “It was one of Michael’s people on the phone. A staffer had his number on there.”

Trump said Goldberg’s presence in the chat had “no impact at all” on the military operation.

The president expressed confidence in his team, saying he was not frustrated by the events leading up to The Atlantic’s story. The situation, Trump said, was “the only glitch in two months, and it turned out not to be a serious one.” (more)

The rest of the DC setup is transparently clear.  (1) Goldberg held the story until the day before a long-scheduled Senate Intelligence Committee hearing. (2) The SSCI then used the hearing to blast the heads of the Trump administration intelligence silos on the issue of “classified” information in the text messages.

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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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When you understand how Washington DC Judges view their role and responsibility, then you understand the scale of opposition that President Trump is facing. The false media framework of our “government” only makes the issues worse.  So, here’s an explanation of Boasberg v Trump.

In 2016 the DOJ-NSD headed by Mary McCord filed a FISA application seeking a Title-1 search (full and unlimited) surveillance warrant against the leading presidential candidate, Donald Trump.  The method to gain the surveillance authority was to use CIA informant Carter Page who had met with the Trump campaign and call Page an “agent of a foreign power.”

The FISA Court knowingly and with specific intent approved the Title-1 surveillance warrant which was filed using false evidence (Clinesmith) and sketchy supporting documents (Steele Dossier), no Woods File was attached.

At the time of the application, Mary McCord was acting head of the DOJ National Security Division.  McCord was responsible for filing the warrant application.  The DOJ-NSD had no inspector general oversight.  The targeting of candidate Donald Trump was entirely for political purposes and intents.

After President Trump won the 2016 election, he gave DOJ Inspector General Michael Horowitz authority to conduct oversight over the DOJ-NSD.  IG Horowitz started investigating the FISA application.  This is where things get interesting.

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All the years of following the networks, rulings, relationships and details is starting to surface as important.  The notoriously corrupt DC Judge James Boasberg is now in the big ugly spotlight.

President Trump calls for Judge Boasberg to be impeached.

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Supreme Court Justice John Roberts immediately jumps into action to defend his friend and colleague.   Have you ever seen Justice Roberts respond so quickly?   The reason is the relationship between him and Boasberg.

WASHINGTON – “For more than two centuries, it has been established that impeachment is not an appropriate response to disagreement concerning a judicial decision. The normal appellate review process exists for that purpose,” Roberts said Tuesday in a rare and brief statement issued just hours after Trump publicly joined demands by his supporters to remove judges he called “crooked.”

John Roberts appointed Boasberg to be presiding judge of the FISA court after Judge Rosemary Collyer’s term was over.  In the aftermath of the DOJ manipulating the FISA court to attack President Trump, Chief Justice Roberts needed Boasberg to protect the FISC.  As a result, Boasberg sat at the epicenter of some of the worst DC judicial decisions ever. Including the precedent of forcing VP Mike Pence to testify in a grand jury against the accused, President Donald Trump.

Simultaneously, Boasberg did everything he could to fulfill his commitment to Roberts, even appointing Mary McCord, wife of Roberts’ senior staff Sheldon Snook, to be amicus to the court.  {GO DEEP}

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I do not like this Canadian Prime Minister even a little bit; however, Mark Carney getting elected to run Canada would be the greatest benefit to MAGAnomics in the United States.  The insufferable doofus is completely enthralled with the views, perspectives and ideologies of globalism.

Prime Minister Carney’s “conservative” opponent, Pierre Marcel Poilievre, is a softer, gentler, and more effeminate version of former U.S. Presidential candidate Mitt Romney: he growls through his cashmere. In short, Canada is screwed.

All of that said, the normal thinking Canadians need to get through a Romney to get to a Trump; so, perhaps it’s better if Canada just increases the speed of the downward economic slope by installing Carney.

Somewhere 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, 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.

Prime Minister Carney outlined yesterday how he will increase the industrial carbon tax in order to align with U.K and EU trade partners on the issue of climate change. Taxing carbon, he says, is the key to unlocking excellent trade agreements with other ‘global trade partners’ who can then fill the void created by disconnecting Canada from the USA economy.

No, really, he said that. Carney believes it with all his heart. These economic comments come on the heels of Mark Carney telling French President Emmanuel Macron –in public– that Canada was the most European of countries outside the EU.  WATCH THIS (prompted):

¹Here’s how it will happen. CAD = Canadian Dollar, USD = U.S Dollar

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After an introduction from U.S. Attorney General Pam Bondi, President Trump delivers remarks to an audience at the Department of Justice.  Video Below:

WASHINGTON DC – President Donald Trump on Friday walked into the Department of Justice and labeled his courtroom opponents “scum,” judges “corrupt” and the prosecutors who investigated him “deranged.”

With the DOJ logo directly behind him, Trump called his political opponents’ lawbreakers and said others should be sent to prison.

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