The current Canadian Prime Minister is genuinely a walking meme of a Canadian Prime Minister parody.

During his remarks to parliament today, Prime Minister Carney waxed gleefully about the U.S. federal trade court ruling against President Trump’s tariffs, just moments before the federal appeals court stayed the opinion of the lower court.  It’s a little funny.

PM Carney doesn’t seem to recognize the reality of the economic landscape before him.  He complains about blocked access to the U.S. consumer base with a level of entitlement that’s genuinely humorous.  Meanwhile, the Canadian economy around him is collapsing.  WATCH:

♦ BACKGROUND – Following the 2024 presidential election, Prime Minister Justin Trudeau traveled to Mar-a-Lago and said if President Trump was to make the Canadian government face reciprocal tariffs, open the USMCA trade agreements to force reciprocity, and/or balance economic relations on non-tariff issues, then Canada would collapse upon itself economically and cease to exist.  In essence, in addition to the NATO defense shortfall, Canada cannot survive as a free and independent north American nation, without receiving all the one-way benefits from the U.S. economy.

To wit, President Trump then said, if Canada cannot survive in a balanced rules environment, including putting together their own military and defenses and meeting their NATO obligations, then Canada should become the 51st U.S state.  It was following this meeting that President Trump started emphasizing this point and shocking everyone in the process.  However, in the emotional reaction to Trump’s statements, no-one looked at the core issues outlined by Trudeau that framed President Trump’s opinion.

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Shortly before the federal appeals court decision to stay the lower court intervention, National Economic Council Director Kevin Hassett appeared on Fox Business with Maria Bartiromo to discuss the frustrating trade court decision and the pending legislation on budgets and taxes.

Director Hassett is always a solid analytical mind to follow because his job is to look into the future and see if current alignment of economic policy retains the objective of economic growth, and he does it well.  Within the interview a key point made by Hassett on the trade/tariff conflict with the court is that USTR Jamieson Greer has multiple legal pathways to support the intent of the tariffs as applied.

This is a point CTH will continue to make; both the USTR and the Dept of Commerce Secretary have alternate legal trade tools that support the tariffs.  The bottom line is that whether IEEPA is used or Sec.301/302 are used the tariff outcome remains the same, the only difference is the amount of time for the countervailing duty to trigger; put another way, ‘optimal solutions.’  WATCH:

Despite the noise and media drumbeat, Kevin Hassett continues to carry the maganomic agenda forward with a smile.  He is able to do this because all of the economic policy is grounded in America-first realism.  It can be achieved, and it will be achieved, entirely because it is achievable. Remember that!

When you reach frustration, ask yourself, “is there bread in the kitchen?”  If yes, then focus on solving the immediate non-critical problem; do not allow the dark imaginings to disrupt your focus. It’s the guys like Kevin Hassett who are keeping the bread in the kitchen.

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Like I said last night, the Trump team followed their legal due diligence in several aspects of the tariff/trade deficit reset strategy, and it did not appear the New York trade court looked at any of the supportive material from the USTR and the Dept of Commerce.

Today, a full panel of U.S. Court of Appeals for the Federal Circuit granted a “stay” and paused the lower court ruling pending full appeal outcome and possible Supreme Court intervention.  [Ruling pdf Here]  The President Trump trade tariffs remain in place, and the ridiculous court-ordered refunding of previously collected tariffs is set aside.

[Source pdf]

The court is suspending the lower court decision until the appeals motions are filed and reviewed.  The multinational corporations have until June 5th to file their responses to the appeal, and the Trump administration has until June 9th to file their full appeal brief.

VIA CNBC – A federal appeals court on Thursday granted the Trump administration’s request to temporarily pause a lower court ruling that struck down most of President Donald Trump’s tariffs.

The Trump administration had earlier told the U.S. Court of Appeals for the Federal Circuit that it would seek “emergency relief” from the Supreme Court as soon as Friday if the tariff ruling was not quickly put on pause.

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Deputy FBI Director Dan Bongino appears on Fox and Friends morning show to outline some of the historical events under a re-review.

Triggering the sympathy nerve, Mr Bongino repeatedly notes that work pressure upon him is creating ancillary pressure on his personal life, his wife and family.  Unfortunately, decades of visible corruption within his agency have numbed the public sympathy nerve.  Accepting this, we must elevate beyond our frustration, pray for Dan Bongino, for his ability to remain effectively focused, and for his family.

Regarding the message conveyed by the Deputy Director, he appears to accept there is no longer a public “trust” from which to draw. It is the responsibility within Mr Patel and Mr Bongino’s appointed positions to quench American thirst for truth, righteousness & justice.  Put earnest and honest sunlight upon the agency. Do something about the corruption we all know exists; get out of the box; be creative, be ferocious, color outside of the lines – do whatever it takes.

Sean Hannity’s highly caffeinated girlfriend is very concerned about the FBI being pulled away from safe children initiatives.  Meanwhile Deputy Bongino states the agency under their leadership has discovered a cache of previously hidden information and documents that will shed light on several previously dismissed investigative issues.  WATCH:

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White House Press Secretary Karoline Leavitt will be holding a press briefing today at 1:00pm ET. There is a lot of news and controversy swirling the white house as the financial system that feeds the swamp fights back against President Trump’s efforts to put American interests first.

Into this fray comes Karoline Leavitt, pushing back against the narratives promoted by the multinational media conglomerates and their domestic beneficiaries in congress. Don’t worry, it will likely get much worse – face the storm fearlessly. Livestream Links Below:

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In an effort to keep the Daily Open Thread a little more open topic we are going to start a new daily thread for “Presidential Politics”. Please use this thread to post anything relating to the Donald Trump Administration and Presidency.

This thread will refresh daily and appear above the Open Discussion Thread.

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Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but DELIVER US FROM EVIL.

For Thine is the kingdom and the power and the glory, forever and ever. Amen †

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Elon Musk announces the end of his time as a special government employee:

[SOURCE]

Thank you, Elon Musk.

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Two days ago, Deputy FBI Director Dan Bongino sought to address frustration by promising things in the background were taking place and that is why both he and Director Kash Patel were not making media appearances.

Tonight, FBI Director Kash Patel appears on Fox News to affirm confidence in the FBI.  Tomorrow Deputy Director Dan Bongino will appear on Fox and Friends to do the same.

Director Patel rejects the notion that the FBI is institutionally corrupt and fraught with malicious actors.  Director Patel says he has been sharing information from the FBI silo with “partners in congress” and more information is going to be released. The extensive interview is in two segments, presented below:

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Segment Two Below:

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We all knew the system would strike back. There are trillions at stake.

UPDATES AT BOTTOM: A federal trade court based out of New York has just ruled in a three-judge decision that President Trump does not have the authority within the International Emergency Economic Powers Act (IEEPA) to initiate emergency trade tariffs.  [The Ruling is HERE]

WASHINGTON DC – A federal trade court ruled President Trump didn’t have the authority to impose sweeping tariffs on virtually every nation, voiding the levies that have sparked a global trade war and threatened to upend the world economy.

The decision on Wednesday from the Court of International Trade blocked one of the Trump administration’s most audacious assertions of executive power, under the International Emergency Economic Powers Act of 1977, and sets the stage for a possible appeal by the White House.

“The court does not read IEEPA to confer such unbounded authority and sets aside the challenged tariffs imposed thereunder,” a three-judge panel wrote. (link)

“The Worldwide and Retaliatory Tariff Orders exceed any authority granted to the President by IEEPA to regulate importation by means of tariffs,” the court wrote.  The court also ordered that the tariffs that the Trump administration has collected so far be “vacated.”

UPDATE #1: I’m tearing through this ruling right now and I can find several structural flaws in the 3-judge panel decision.

[From Page 6, pdf] “…[…] in 1962, Congress delegated to the President the power to take action to adjust imports when the Secretary of Commerce finds that an “article is being imported into the United States in such quantities or under such circumstances as to threaten to impair the national security.” Trade Expansion Act of 1962, Pub. L. No. 87-794, § 232(b), 76 Stat. 872, 877 (codified as amended at 19 U.S.C. § 1862(c)(1)(A)). This delegation is conditioned upon an investigation and findings by the Secretary of Commerce, and agreement by the President. See id. Section 301 of the Trade Act of 1974, as amended, requires that the U.S. Trade Representative (“USTR”) take action, which may include imposing tariffs, where “the rights of the United States under any trade agreement are being denied” or “an act, policy, or practice of a foreign country” is “unjustifiable and burdens or restricts United States commerce.” 19 U.S.C. § 2411(a)(1)(A)–(B). The USTR may impose duties also where the USTR determines that “an act, policy, or practice of a foreign country is unreasonable or discriminatory and burdens or restricts United States commerce.” Id. § 2411(b)(1). This power is conditioned on extensive procedural requirements including an investigation that culminates in an affirmative finding that another country imposed unfair trade barriers under § 2411(a)(1)(A) or (B) or § 2411(b), and a public notice and comment period. See id. § 2414(b).”… [source]

I’ve just gotten started, but that citation is just one reason why the ruling can be overturned on appeal.

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