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Kevin O’Leary Wants President Trump to Increase Tariffs on China to 400%

“Shark Tank” star and investor Kevin O’Leary says President Trump’s tariffs on China aren’t high enough and calls for a 400% tariff on the country. “It’s time to squeeze Chinese heads into the wall.”

O’Leary wants President Trump to go full wolverine. Awesome.  WATCH:

Full Segment Below:

My thoughts: Replace the Tech Bro regiment with union Democrats.  We were always destined to lose Silicon Valley, lets control the timeline of departure. The self-interest dynamic has now shifted. Ship the Tech Bros to China, then invite Vladimir Putin to a State Dinner.

We are at a very important inflection point. If we are going to face The Big Ugly with China, we cannot afford divided loyalties. We cannot afford conflicted interests.

Pull in the knuckle-draggers, the pipefitters, the hardcore unions and even the sketchy elements of the criminal underground who at least love America more than all else.  The core weapons we now need are brutal power, economic nationalism and industrial patriotism.

We are now at the moment when we need Whiskey to replace Soy. It’s time to get mean, brutally, harshly mean. Delicate sensibilities must be dispatched like a feather in a hurricane.

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Fannie Mae Fires Over 100 Federal Agency Employees for Facilitating Housing Loan Fraud

This is an excellent example of what Attorney General Pam Bondi should be focused on instead of her appearances on Fox News.

The Federal Housing and Finance Agency has released a public statement highlighting an internal review and investigation of conduct within Fannie Mae that has resulted in the termination of over 100 employees for “unethical conduct” including the “facilitation of fraud.”

If the FHMA is finding intentional fraud within the housing loan offices, those federal employees should be arrested and legally prosecuted for their conduct.  It is not enough to just fire people, there has to be legal accountability.  These are the government regulators for Fannie Mae and Freddie Mac.

Washington, D.C. — Today, the U.S. Federal Housing Finance Agency (U.S. Federal Housing FHFA) and Fannie Mae issued the following statement:

“In President Trump’s housing market, there is no room for fraud, mortgage fraud, or any other deceitful act that can jeopardize the safety and soundness of the housing industry,” said William J. Pulte, Chairman of the Board of Directors of Fannie Mae. “Since my swearing-in, we fired over 100 employees from Fannie Mae who we caught engaging in unethical conduct, including facilitating fraud, against our great company.  Anyone who commits fraud against Fannie Mae does so against the American people.”

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April 9th – 2025 Presidential Politics – Trump Administration Day 80

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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Wednesday April 9th – Open Thread

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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China Vows to “Fight to the End” in Economic War with America

Full dragon, no panda mask.  Beijing begins using war terminology to discuss the trade conflict with the United States.

Through a series of cumulative trade tariffs, President Trump has now placed Chinese imports into the USA in a position of 104% tariffs.

104%!

In response Beijing has devalued their currency and dumped treasuries, but no amount of subsidy, devaluation or use of their sovereign wealth fund is going to compensate for 104% taxes on Chinese products.  Very soon all purchase orders from the USA for Chinese manufactured products will stop.

The Beijing dragon is looking at the future through a zero-sum position.  Now, they vow to fight to the death.

BEIJING, April 9 (Xinhua) — With firm will and abundant means, China will resolutely take countermeasures and fight till the end if the United States insists on further escalating economic and trade restrictive measures, China’s Ministry of Commerce said Wednesday.

“I want to emphasize that there is no winner in a trade war, and China does not want a trade war, but the Chinese government will by no means sit by when the legitimate rights and interests of its people are being hurt and deprived,” said an official with the ministry.

The official made the remarks when responding to media questions regarding a white paper released Wednesday by the State Council Information Office on China’s position on some issues concerning China-U.S. economic and trade relations.

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Treasury Secretary Scott Bessent Provides More Details on Global Trade Reset Strategy

Appearing 4/8/25 on CNBC, Treasury Secretary Scott Bessent outlined some of the specifics within the negotiation strategy of President Trump as it pertains to the ongoing global trade reset.

Bessent notes at the request of President Trump, all administration officials were to pull back from commentary following the “liberation day” tariff announcement.  The objective was to give all nations’ time to absorb the impact while reducing the reverberation noise.

After a few days, President Trump then began to assess the inbound communication from various country leaders and their request for renegotiation.  The priority schedule permits the honest trade allies to come first in the que to the office of U.S. Trade Representative Jamison Greer, as approved by President Trump.

Japan and South Korean delegations and trade representatives will be the first trade teams engaged; not coincidently both of those ASEAN nations have pre-positioned manufacturing investment in the USA, the truest measure of a trade partnership.  The outcome of these first agreements will form the baseline for every nation thereafter.

Both Japan and South Korea have North American manufacturing systems in place; however, it is likely more investment in U.S jobs and products being created in mainland USA will remain a top priority.  Additionally, for these nations the largest element of their “reciprocity” will come from a commitment to reduce the trade deficit with better terms and bigger contracts for U.S. product imports.

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President Trump Delivers Remarks During the National Republican Congressional Committee Dinner

President Donald Trump attended the National Republican Congressional Committee (NRCC) dinner in Washington DC.

The main topic of President Trump’s remarks is the global trade reset, which includes a cumulative 104% tariff on China, as Beijing attempts to devalue currency and retain economic status.  President Trump is in full wolverine mode on the issue of trade.  There is no other issue that commands this level of intensity and deliberate effort.

MAGAnomics, American Main Street and economic security as national security priority, is the core issue to define President Trump’s doctrine. He is bringing the thunder, which we have referenced as “The Big Ugly.”  WATCH:

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President Trump Holds Oval Office Executive Order Presser -3:00pm ET Livestream

President Trump is scheduled to hold a media availability at 3:00pm along with an executive order signing on energy development in the oval office.

UPDATE: Video Added

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NEC Director Hassett Says So Many Nation Phone Calls Requesting Trade Negotiations They are Struggling with Scheduling

National Economic Council Director Kevin Hassett appeared on Fox News to discuss the first week impact from President Trump’s global trade reset and implementation of reciprocal tariffs.

Director Kevin Hassett notes that so many countries are calling and requesting to renegotiate their trade agreements, the National Economic Council is having difficulty keeping up with appointment scheduling and establishing a prioritization list for President Trump to review.

That said, Hassett notes that Japan and South Korea will likely be the first two nations for U.S. Trade Representative Jamieson Greer and President Trump to engage with.  Apparently, Xi Jinping (China) and Ursula von der Leyen (EU) will ride their bicycles in slow circles at the bottom of the White House driveway while angrily staring at the windows.

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It looks like Kevin “Quokka” Hassett is having fun.

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U.S. Supreme Court Begins Dismantling Federal Judge “Temporary Restraining Orders” Against Constitutional Executive Branch Action

Many pundits and apoplectic Lawfare leftists are noting a set of four recent Supreme Court rulings favorable to the Trump administration.

The most recent ruling [pdf here] said nonprofit groups lacked legal standing to bring lawsuits challenging the firings of probationary workers at the departments of Defense, Treasury, Energy, Interior, Agriculture and Veterans Affairs.  As a consequence, the accompanying Temporary Restraining Order (TRO) is defeated.

Yesterday, the Supreme Court also ruled -generally favorable- to the Trump administration [pdf here] on the issue of Venezuelans in the United States labeled by President Donald Trump as “alien enemies.”  The justices ruled (5-4) to vacate a lower judge’s order that imposed a block on all deportations under Trump’s invocation of the Alien Enemies Act.

However, the court ruled to remove the TRO under auspices of the wrong venue for challenge; saying the deportees must challenge their status in the district court where jurisdiction of detainment takes place.

That split court ruling follows on the heels of Chief Justice John Roberts issuing an administrative order indefinitely lifting a lower court injunction [pdf here] that demanded the return of previously deported Abrego Garcia set by U.S. District Judge Paula Xinis.

In short, the Supreme Court, at least a narrow majority therein, appears to be knocking down the process of federal judge shopping to issue nationwide restraining orders against the Trump administration.  Twitter account Unseen1 has a solid and brief outline of what the court appears to be doing:

“The big win for Trump in the scotus today was not the resumption of deportations under the AEA (alien enemies act) (but that was big also). The major win was the court narrowing the federal district judges’ jurisdiction They once again narrowed the ability of the APA (administrative procedure act) which is the main law the vast majority of these unconditional judicial rulings have been made under.

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