Elon Musk and the primary members of the DOGE team gave a behind the scenes review of their mission to Fox News correspondent Bret Baier.  Elon Musk outlines how the Dept of Government Efficiency is on track to remove $1 trillion in excessive waste, fraud and abuse from the federal budget.

The team discusses just how excessive the fraud is within the federal spending programs as they outline finding after finding of federal spending that is often outrageous and stunning.  This is MUST WATCH television.

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Review the discoveries at DOGE.GOV HERE

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President Donald Trump talks about placing tariffs on Canadian goods.  Ontario Premier Doug Ford talks about “inflicting as much pain as possible on the American people.”  See the difference?   Tell me again how the term “snowmexicans” is insulting.  I digress.

A few thoughts.  First, apparently Doug Ford doesn’t quite understand that tariffs on steel, aluminum and auto imports are not part of the “reciprocity” tariff regime.  They are an entirely different category classified under national security directives to ensure American industrial capacity.

Second, as Canada moves into the “freedom fries” phase, voices like Doug Ford might want to consider the end of this continuum that finds the word “embargo” in the lingo. Perhaps President Trump would consider elevating the conversation to “reciprocity” in the banking sector.  Again, I digress.

Ontario Premier Doug Ford announces the Canadian government intention to “inflict as much pain as possible against the American people.”  WATCH:

Canadians just don’t get it.  Meanwhile, as it was within most of the originating negotiations of the USMCA, Mexico smartly stays quiet as stompy feet Canada draws the attention from President Donald Trump.

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MANASSAS, Va. (AP) — The alleged leader of the violent MS-13 street gang on the East Coast has been arrested in Virginia, U.S. Attorney General Pam Bondi announced Thursday.

Bondi lauded the the early morning arrest of the 24-year-old man from El Salvador, who was described as one of MS-13’s top three leaders in the United States, as a major victory in the Trump administration’s effort to crack down on a gang known for brutal violence and extortion.

[…] “We want to make our streets safer,” Bondi told reporters. “We want to make our schools safer. We want to make your neighborhoods safer. This guy was living in a neighborhood right around you, no longer.”

At the White House, press secretary Karoline Leavitt, citing the arrest, called it “a good day for our country.” (link)

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The atomic sledgehammer that President Trump just delivered to the German auto industry simply cannot be overemphasized.  A 25% tariff on imported cars and car parts completely negates hundreds of billions in pre-positioned investment dollars by German auto companies in Mexico.  [Executive Order Here]

[Cliff Notes Here]

To give scale to the impact on Germany, consider that German automakers currently have 330 automotive suppliers in Mexico according to information from VDA.  Audi (a subsidiary of Volkswagen) has no U.S. production sites; every Audi sold in America will be subject to a 25% tariff. The Audi brand access to the U.S. market was/is 100% dependent on Mexico, including for manufacturing the Q5 SUV, its top-selling U.S. model.

According to prior reporting from Politico, “Volkswagen’s most popular model for American consumers is the Tiguan, an SUV that is entirely manufactured in Mexico. The German automaker sold over 30,000 of the vehicles in the final quarter of last year, a nearly 50 percent year-over-year increase.”  But wait, it gets worse….

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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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Dept of Homeland Security Secretary Kristi Noem goes straight into the heart of the operation where deported criminal gang members are being housed by an agreement with the government of El Salvador.

Homeland Security Secretary Kristi Noem sends a chilling warning to illegal criminal immigrants entering the United States. On Wednesday, Noem visited the high-security prison in El Salvador that recently received hundreds of alleged Venezuelan gang members.

Noem was given a tour of the prison by Salvadoran Minister of Justice Héctor Gustavo Villatoro during her visit. The Homeland Security Secretary then met with El Salvadorian President Nayib Bukele and is expected to visit Colombia and Mexico next.

“First of all, do not come to our country illegally. You will be removed, and you will be prosecuted. But know that this facility is one of the tools in our toolkit that we will use if you commit crimes against the American people,” she said.

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Wealthy nations will attempt to maintain exports against President Trump tariffs by subsidizing their industries. Corporations have deeper pockets, and the politicians are used to the bribes, we call it “lobbying.” Therefore, the government responds by subsidizing the corporations [ie. the WEF business model].

Canada will subsidize their export industries, Germany will subsidize their auto industry, the EU will provide subsidies to their manufacturing powerhouses, and China will once again start subsidizing their manufacturing industry. Each of these nations will in turn devalue their currency.

However, poorer nations will be faster to lower import tariffs on USA goods because they have lower lobbying (bribe) income from corporations to govt. That’s what we should expect to see.

VIETNAM – Vietnam said it plans to cut import duties on a range of goods including cars, liquified natural gas and agricultural products.

[…] The announcement on the finance ministry’s website late Tuesday came less than two weeks after Prime Minister Pham Minh Chinh said the country was reviewing duties in order to encourage increased imports from the United States.

Vietnam represents the United States’s third-highest trade deficit, behind China and Mexico.

According to the finance ministry statement, import duties on some cars will be cut by half and the tax rate for liquified natural gas will drop from five percent to just two percent. Duties will also be cut for a number of other products including frozen chicken thighs, almonds, sweet cherries, raisins and wood. (more)

During President Trump’s first term, many companies proactively moved manufacturing operations from China to other nations in Southeast Asia.  Vietnam was a big benefactor of the manufacturing shift.  It is smart for them to respond to the reciprocal tariffs coming April 2nd by lowering their tariff rate.

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During an executive order signing session in the White House today, President Trump announced a major change in tariffs on the auto industry.  [Full Executive Order Here]

The 25% import duty applies on top of any preexisting tariff for cars and light trucks.  The 25% tariff also applies to imported car parts.  The USMCA trade agreement between the U.S. Canada and Mexico still applies.

If the content of a car assembled in Mexico/Canada contains 50 percent component parts from the USA, the 25% tariff only applies to the final value of the imported components. In this example the tariff rate would be 12.5% of the total value.

The tariff applies to all imported cars and light trucks.  Approximately half of all cars sold in the USA are currently American made, the other half are import vehicles from mainly Mexico, Japan, South Korea, Canada and Germany.

This is a very big kick in the teeth to Germany.  Previously in a long-term strategy to avoid U.S. tariffs, German automakers invested billions in auto assembly plants in Mexico.  Ex. the BMW parts were shipped from Germany and the cars assembled in Mexico.  Now that investment is worthless as the vehicle will be taxed at a rate of 25% regardless of whether it is assembled in Germany or Mexico.

Ex.2 High end auto Mercedes currently builds SUVs in the USA in order to avoid the previous 25% tariff; however, they still build cars outside the USA and export them into the USA market.  This will likely change quickly, and Mercedes will begin building all cars and SUVs in the USA.

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As the negotiations for a Ukraine-Russia ceasefire agreement are being worked out, here are the statements from each of the participants in the technical team discussion following their meeting in Saudi Arabia.

RUSSIA STATEMENT (SOURCE):1. “In line with the agreement reached by the presidents of Russia and the United States, the Russian and American sides agreed to provide for the implementation of the Black Sea Initiative, which includes ensuring safe navigation, eliminating the use of force, and preventing the use of commercial vessels for military purposes in the Black Sea, while adopting appropriate control measures by inspecting such vessels.

2. The United States will help restore Russia’s access to the world market for agricultural and fertiliser exports, lower maritime insurance costs, and enhance access to ports and payment systems for such transactions.

Note:

Clauses 1 & 2 will come into force following:

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