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April 2, 2025 28 mins

Sean addresses the latest on President Trump's tariffs and how they can and will actually strengthen and rebuild our industrial base and return American strength to America!

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Speaker 1 (00:01):
All right, thank you Scott Shannon, and thanks to all
of you for being with us. Write down our toll
free telephone numbers eight hundred and nine to four one
sean if you want to be a part of the program.
All right, today is Liberation Day. We expect the President
to announce his very specific strategy and plan for reciprocal tariffs.

(00:22):
We expect that to happen one hour from now. When
that does happen, we will bring it to you live
and speaking of the word liberation, that will be our
word of the day and our Tesla giveaway contest. You
just simply go to Hannity dot com, click on the
Tesla Icon contest at the top of the homepage. It
will bring it to the contest page, and you simply

(00:44):
put in the word of the day, liberation. Now, there
is something technical everybody has to do. Linda explain to
everybody what they must do about pop ups or then
not able to register, just so they understand.

Speaker 2 (01:00):
So, yeah, it's pretty simple, guys, but we really do
need you to read the form. So the form will
say at the top if you've disabled pop ups or
if you have an ad blocker, you're not going to
be able to fill out the form.

Speaker 3 (01:11):
It's a very short form form.

Speaker 2 (01:13):
It's first and last name, your birthday, just to make
sure you're over eighteen. It's your email, it's your phone number.
It's very simple for us to contact you one two three.

Speaker 1 (01:22):
But if you have by the way this, yeah, yeah,
and by the way this, and you could turn it
right off again and then put it back on when
you're register tomorrow.

Speaker 3 (01:30):
You can register once a day every day with the
New World. You don't even need to do that.

Speaker 2 (01:33):
You basically just go into your browser and you say
allow a pop up for this one site. You don't
have to turn it off for like take it out
of your browser. You just got to turn it off
for Handity dot com, which you should do anyway, because
we're not going to spam you were giving you good information.

Speaker 1 (01:47):
But having by the way, this has nothing to do
with us. This is our parent company, iHeartMedia.

Speaker 3 (01:53):
This.

Speaker 1 (01:53):
These are their rules and regulations, not ours. We want
to make it as easy as possible, but some people
have complained that they have a hard time. That is
maybe probably in all likelihood the reason why. Anyway, Word
of the Day Liberation. Go to Hannity dot com and
you get to win the Tesla your choice, your register
once a day now through April the eleventh, and good
luck to everybody out there.

Speaker 2 (02:15):
I have one more little point, because we're getting a
lot of calls about this. As Katie is telling me,
when you are done, hit the word submit to enter.
If you do not hit the button submit, it is
not in our database. We do not have you submitted
for the contest.

Speaker 3 (02:30):
You got to hit something.

Speaker 1 (02:31):
Medor you did everything for nothing, hit the word submit.
If it's Linda, you must submit to her will at
all costs.

Speaker 3 (02:39):
Absolutely, that's what you should. I refuse to abide by
which I refuse.

Speaker 2 (02:43):
You're not getting Tesla, see that, Yeah, to buy your own.
You can't win it.

Speaker 1 (02:46):
That's I'm not eligible to win it. No, that would
mean and I have nothing to do with picking the winner.
I'm telling all my friends to sign up for it, though.
I'm like, yeah, me too, man, what do you mean?
And then I have friends that don't listen to the show.
They want to know the word of the day. I'm like, no,
listen to the show and you get the word of
the day. It's that simple. I give it up multiple
times during the show. Anyway, It'll be the first time

(03:09):
in decades. And this really is beginning to infuriate me.
And I want to explain why I'm getting infuriated by this.
We are supposed to be the land of the free
and the home of the brave. We are supposed to
be people that are brave and think out of the box.

(03:33):
And this is driving me nuts. America has been taken
advantage of by many of our closest allies, which I
will go into great detail and specificity, and we seem
like a bunch of gutless, spineless cowards because finally you
got a president that actually thinks out of the box.

(03:57):
He is not myopic, and he is demanding a very
simple principle be applied from allied countries other countries as well,
and that is free and fair trade. We have been abused,
we have been taken advantage of. We've become a sucker
nation in many, many respects when it comes to the

(04:20):
issue of tariffs, and no president has had the courage
until Donald Trump. And it's paying off big time. That's
another part of the equation that people refuse to even acknowledge,
and it's working on a dramatically The reaction, the response,

(04:40):
the amount of money invested is now over four trillion
dollars in committed monies to be invested in this country.
That will create high paying career jobs for Americans. Other countries,
and I will go into detail, they are now deciding
to reduce or eliminate their tariffs against our country as

(05:01):
as a result of Donald Trump's measures. That means we're
going to be saving money at a very high level
and Americans will have more job opportunities with higher pay
grades than they ever imagine. And that's good for the
American people on every level. But they but they may
get mad in everything, and I don't want them to
get mad at us. I mean, when have we become

(05:22):
so spineless? You know, other countries rip us off, and
you know, we're getting lectured by those countries ripping us off,
saying we're imposing tariffs on them and that they believe
in free trade, when in fact, they don't believe in
free trade, because there never was such a thing as
free trade. There have been there have been tariffs that

(05:43):
have been applied to American industry, American farmers, American agriculture
that have been going on for decades. But this institutionalized
thinking group think brainwashing even of the American people. Oh no,
we're gonna want to rock the boat. We don't want
to make the mat we don't want to get them upset.

(06:04):
It's about time we demand the respect that we deserve.
It's really that simple. Other countries have been ripping us
off left and right. I can start countries like India
charging one hundred percent on American imports on certain products
agricultural products. That hurts our farmers, motorcycles Harley Davidson. It

(06:26):
hurts our motorcycle manufacturers. Brazil eighteen percent on ethanol. Japan
a seven hundred percent tariff on American rice. Japan's supposed
to be an allied nation.

Speaker 3 (06:40):
We'll go.

Speaker 1 (06:41):
There's so many products that Canada's put tariffs on. The
European Union charges a ten percent tariff on all American
made cars, fifty percent tariff on American dairy products. They
tariff all American guns for example. I'm just sick in
time of it. You know, look at Germany, for example,

(07:02):
they have a ten percent tariff. Then they have a
twenty percent VAT tax. If you don't know what a
VAT tax is, it's a value added tax, it's a
it's a national sales tax in Germany. So that's like
a thirty percent increase in the cost of an American car. Well,
guess what they sell eight German cars in America for

(07:22):
everyone sold here in America.

Speaker 3 (07:25):
We're getting ripped off.

Speaker 1 (07:27):
And if you want to know whether or not the
threat of tariffs has been working, well, Israel has eliminated
any remaining tariffs on all US goods ahead of today's
announcement by President Trump. It's canceled. It's remaining tariffs on
imports from the United States. That's step one, you might recall.
In February, before Trump's tariffs were set to take effect,

(07:50):
Mexico agreed to deploy ten thousand troops in the US
at the US border the Mexican border to stem the
illegal immigration flow. As a matter of fact, there's news
on that front today and don't think it's it's an accident.
The Mexican President, Claudia Scheinbaum, said that her administration has
more names of top cartel operatives set for extradition to

(08:13):
the US as she steps up cooperation with the president
the European Union. Just because Donald Trump made the threat
that he's going to impose tariffs back on them as
proposed lowering their tariffs on car imports from ten percent
to two point five percent, which is the amount that
we charge them. I mean they're charging five times will

(08:36):
we charge the United Kingdom. Great Britain did not retaliate
against Donald Trump's metal tariffs. Instead, discussions began. In other words,
negotiations began regarding a potential reduction of the UK's digital
service tax. The Prime Minister has called for a more
pragmatic approach, opting not to retaliate against steel and aluminum tariffs,

(08:59):
and they're now negotiating a bilateral trade deal. India reduced
their tariffs in the lead up to today on motorcycles,
whiskey and are now proposing eliminating all tariffs so we
do have free and fair trade. And they're now negotiating
a trade agreement with the US that they're opening open

(09:20):
now to lowering or eliminating tariffs on most US, if
not all US imports. Columbia, remember they were threatened with
the twenty five percent tariff if they refuse to accept
flights for deported illegals. Well, Columbia agreed to accept deportees
on military aircraft. Vietnam has cut the duties on US imports,

(09:43):
and they've approved Starlink as a Trump tariff decision was
looming for less than an hour from right now. You know,
but they have countries that have tariffs on the US.

Speaker 3 (09:54):
You know. It goes on and on and on.

Speaker 1 (09:56):
The list is unbelievable now to get to the specifics
of it and the history of tariffs, because there's a
misconception about tariffs. Great column, I think it was by
pap Buchanan today, I think so I have to find
out anyway, high Enday, do you think it's an accident
since Donald Trump's been president they committed twenty billion dollars

(10:18):
to invest in the US to create high paying career
jobs in the in the auto manufacturing business. Do you
think it's an accident that Apple, which has most of
their plans abroad, has committed five hundred billion dollars over
the next four years. Do you think it's an accident
that the UAE is committed to spending one point five

(10:39):
trillion in the next four years, the Saudi's one trillion dollars. Apple,
by the way, is going to build their new factory
in Texas. They're going to accelerate investments in AI in
silicon engineer in silicon engineering. They have team facilities to
expand in Michigan, Texas, California, Arizona, Nevada, Iowa, Oregon, North Carolina, Washinghington.

(11:00):
Do you think it's an accident that Navidia has committed
hundreds of billions of dollars for US made chips over
four years, or soft Bank Open AI Oracle one hundred
billion for Stargate AI infrastructure in the United States. Do
you think it's an accident? Do you think it's an
accident this Taiwan Semiconductor out of nowhere is committed to

(11:21):
one hundred billion dollars building semiconductors in the US. Do
you think Johnson and Johnson just decided because Donald Trump
won for no reason at all, to commit to fifty
five billion over four years, or a shipping firm CMACGM
twenty billion, or that pharmaceutical manufacturers Eli, Lilly and Murk
have committed massive billions of dollars to be building manufacturing

(11:46):
facilities and increasing capacity here in the US. Do you
think it's an accident that Nissan and Honda, both that
were planning to build facilities in Mexico, decided to build
them in the US instead. Do you think maybe the
tariff threat of President Trump caused them to make that decision.
You know, Geo Aerospace one billion in US manufacturing their committee.

(12:11):
You talk about the number of high paying career jobs
just from this four trillion dollars that I'm laying out
for you that has been committed investments. It will take
a little time, is a build out period, but this
is money that's going to be in the economy in
very short order. And all these other countries, you know,
you know that that if they want to go in

(12:33):
the other direction, Little justin unveil one point three billion
dollar security plan for the US and the Canadian border.
Canada only has to really do three things. Eliminate tariffs
on American goods. Some for example, you can't you can't
sell American seeds in Canada. They put a limit on
on American dairy that hurts our dairy farmers. And after

(12:56):
they have tariffs at around ten percent. And if you
sell x percentage of goods or x amount of goods
in Canada and then it goes up to over two
hundred percent. This is insanity. Canada is acting like they're
supposed to be our friends. And they need to pay
their fair share with NATO. Then guess what it goes away.
All of these countries now have decided that it is

(13:17):
in their best interest to go along with President Trump's
demand for free and fair trade. Others will resist, and
if they resist, we're not going to go any further.
As a matter of fact, the President's committed to going
probably lower than what the tariffs they are putting on us.
But otherwise we are a sucker nation. We're a bunch

(13:39):
of idiots. We are paying for them, We're propping them up.
We pretty much, you know, pay for Canada's national security
because they know the United States is.

Speaker 3 (13:52):
Not going to abandon them in their hour of need.

Speaker 1 (13:54):
So they don't have to spend anywhere the amount of
money or percentage of GDP on national defense that we
spend in this country. And what's the thanks we get?
Our dairy farmers, our poultry producers, other industries. They get
screwed left, right and sideways. And you know what, now
that the President is reacting and he's gonna put major

(14:17):
tariffs on oil and other important imports, guess what it's
gonna get their attention and what ultimately is gonna happen
is We're probably gonna make a deal with these countries.
That's how this is gonna end, all right, before we
get back to the topic du jaw, which is reciprocal
tariffs and the need for it, and you know, the
weak Americans without spines, they might get mad at us

(14:41):
and everything, and why the history shows that tariffs are
not what these these idiots on TV, the punditry class
and Democrats are saying. I want to just a couple
of other things in the news that caught my attention today.
Charlemagne the God says Chuck Schuber and Hakeem Jeffrey should

(15:02):
be thrown out of office as the democratic circular firing
squad continues.

Speaker 4 (15:07):
So who is.

Speaker 3 (15:08):
Supposed to be the leaders?

Speaker 4 (15:09):
Well, in Congress, you've got two people. The first one
is this guy, House Minority Leader, Hakeen Jeffers.

Speaker 5 (15:14):
In America, we don't have a king, we don't have
a monarch, we don't have a dictator in our democracy.
We have separate and co equal branches of government.

Speaker 6 (15:26):
Yeah.

Speaker 4 (15:27):
I'm not feeling too inspired by business. Yeah, I'm not
too inspired by business. Casual Morpheus, Okay, you.

Speaker 3 (15:35):
Take the blue pill. Nothing changes you. Take the rent pill.

Speaker 4 (15:38):
Nothing changes.

Speaker 3 (15:39):
But with Terry Flavor.

Speaker 4 (15:42):
And pay Leth, Obama's counterpart in the Senate, he's somehow
even less inspiring.

Speaker 7 (15:47):
It's going to affect be here, Okay, most of it
Corona here comes from Mexico. It's going to affect your
guac because what is guacamole?

Speaker 3 (15:59):
Native avocados. Shulman is not.

Speaker 4 (16:02):
The man would have planned to fight Trump. He ain't
the man would have planned for a good thing. On
to my own, It's not my job to say that
any particular candidates need to be primaried and thrown out
of office. But Hakeem Jefferys and Chuck Shuman need to
be primaried and thrown out of office.

Speaker 3 (16:20):
I like that. It's not my job to say that.
That's part of the news. Then.

Speaker 1 (16:24):
Alec Baldwin claims America is in a pre civil war
environment after watching a PBS mini series The Guy with
the Most Anger Man that has more anger management issues
than anybody else in.

Speaker 3 (16:38):
The public eye.

Speaker 1 (16:39):
Alec Baldwin, you know, talking about appending civil war.

Speaker 8 (16:44):
Listen, and boy, you can see now that we are
in a pre civil war culture. Now they describe things
back then politically there are profound differences, of course, in
terms of.

Speaker 6 (17:00):
History and age, and you.

Speaker 9 (17:02):
Know what life was like back then, and Cotton and
Lincoln's forth. This incredible story. Awful that this country had
to go through that awful.

Speaker 1 (17:22):
Yeah, it's just it's it's awful. He's trying to pretend
that he is a historian. Now, I got to give
Alec Baldwin a tip of the hat here. I got
to give him credit. Alec Baldwin probably had the greatest
hosting moment in the history of talk radio. Sometimes you've

(17:44):
got to give people credit where credit is due. Rush
Limbaugh used to do a bit about the Tom Dashell
radio show of Tom Dash'll ever at a radio show
would be just awful, and it was very funny. This
is like the real life version. Now a little history
to this. He was trying out to be a radio
talk show host on a station me and Mark Levin

(18:06):
were on in New York at the time. Okay, we
both called in. He stormed out of the studio. I'd
blame Mark for this more than me. He stormed off
his own tryout show. And that's the history of it.
And then, unbeknownst to us, he tried another talk radio

(18:30):
tryout this time in Pennsylvania, in Philly, and nobody would
call in. I'm not making this tape up. This is
the greatest moment in the history of talk radio. It
did not result in It did not result in a job.

Speaker 3 (18:48):
All right, queue that. Let's start at the beginning.

Speaker 6 (18:52):
Uh. Oh, we have some time? O great, Well, we're
gonna Uh can we take some calls? Ivan, whenever we
wanted to calls that are on there now? No calls yet, No,
no calls yet. What number do people call to get
on the air Oven? Do we have that number?

Speaker 3 (19:05):
It's right there?

Speaker 5 (19:06):
No?

Speaker 6 (19:06):
Do I have the call number in front of me? Sorry,
that's interesting, interesting at twelve ten at pH t of course,
any other questions, you have, any other comments you have,
call us to the what else? Call us please at

(19:28):
one five twelve ten. Now, if you don't call, we're
going to keep reading from the Scientology Manual. You might
not feel it. You might not feel the energy right now,
you might not feel the swell of what's happening here.
Do you have any calls yet? There, Ivan, no calls.
Let's read some more about scientology. Is Sean Hannity a scientologist?

(19:49):
Alec Baldwin posing the big questions tonight here. Do we
have any calls here yet? Ivan?

Speaker 7 (19:54):
None?

Speaker 6 (19:55):
Boy, it's just incredible, unbelievable. Well, you leave us no
choice listeners.

Speaker 1 (20:01):
Then he called his mother because nobody called in, because
nobody was compelled to call in. Nobody had a comment.
Oh man, Uh, that's brutal. That is brutal. But it's
the greatest moment in the history of talk radio. All right,
let me get back to the topic, d JAW, which

(20:21):
is Liberation Day as President Trump calls it. We expect
him at the top of the hour to make his announcement.
And there's one thing, and I go back to Stephen
Moore here for a second, because Steven Moore has a
great column out. It's on foxnews dot com today, and
he points out that he is an economists. He's not
a stock market you know, prognosticator. That's not what he

(20:44):
does for a living. And he reminded people that despite
the higher tariffs that were imposed by Donald Trump in
his first term, which did cause a temporary stock sell off, which,
by the way, whenever you do anything new, different, out
of the ordinary, non institutional thinking, out of the box,

(21:05):
like Trump does, it markets are skittish to begin with,
so that's predictable. But he pointed out they were truly
those effects were truly transitory, and he points out the
history because the market then later surged month after month
after month, and stocks rows by roughly sixty percent in

(21:27):
Donald Trump's first year. Not too bad a return if
you have your money in the stock market. I don't
like the stock market. I don't care if I one,
I'm sixty percent. I'm not the big stock market guy.
And it's not the greatest indicator because they are so skittish.
And I think for a lot of us, the average
investor of the game is rigged unless you're in something
for the long term. And he said, here's why I

(21:51):
think history will repeat itself. Trump is the most pro
business president in forty years. His agenda, aside from tariffs,
is positive for the economy, is positive for investors, he
points out. The Wall Street Journal March twenty ninth, Trump
ushers in new high water mark for deregulation. The story
details a rollback of thirty one regulations in a single

(22:14):
day that will reduce costs and increase efficiencies of power plants,
the oil and gas industry, electric vehicles, wastewater. Now, the
President has also talked about his economic plan, and the
President has said that he is in support perhaps of
one hundred percent right off for people that build factories

(22:35):
and manufacturing centers right here in America, and that there
will be know that there'll be significant incentives for people
to buy American cars. Never Mind the up to one
trillion dollars in lower government costs because of Elon Musk
and Doge. Never mind the four trillion dollars that I

(22:56):
just went through in the last half hour and committed
investments as result of the threat of Donald Trump having
reciprocal tariffs. And then he points out, by some estimates
that the United States is sitting atop a treasure chest
of more than ten trillion dollars in critical oil, gas
mineral resources, mostly in the Western Mountain States. We've only

(23:19):
begun to tap into the great reserves which we have
in this country.

Speaker 3 (23:24):
And his plan.

Speaker 1 (23:25):
For economic growth is that serious. Now, I want to
take you back to twenty nineteen and Pap Buchanan. Pap
Buchan a smart guy, and he points out he wrote
this column that he wrote at the time as tariffs
the taxes that made America great because and this happens

(23:48):
every time this debate comes up. Let me give you
the history that he brings up in this column. That
the Smooth Hawy tariff caused the depression in the nineteen
thirties is a new deal myth in which America's school
children have been indoctrinated into four decades. The depression began
with the crash of the stock market, which happened in

(24:10):
nineteen twenty nine, nine months before Smoot Hawley ever became law.
And then he points out the real villain, the Federal Reserve.
And anyway, so he goes on to tell the story
about Larry Cudlow, and the story began National Economic Council
Director Lawrence Cudlow, and nowledge Sunday that American consumers end

(24:30):
up paying for the administration's tariffs on Chinese imports, contradicting
President Trump's repeated it I curate claim that China foots
the bill. And he goes on to say, make the
case that if you choose not to purchase Chinese goods
instead by comparable goods made in other nations or the USA,

(24:52):
then you won't pay the tariff. And this is where
America now will rebuild its industrial base, create high paying
career jobs with big manufacturing companies, chip manufacturing companies, auto
manufacturing companies, and other businesses. And tariffs, he points out.
He says that those taxes made America great. Those taxes

(25:16):
relied upon the first and greatest of our early statesmen
before the coming of the globalists, Woodrow Wilson, an FDR.
And he says, tariffs to protect manufacturers, to protect jobs,
to protect our business leaders, in other words, were the
Republican Party's path to power and prosperity in the nineteenth
to twentieth century, before the rise of the Rockefeller Eastern

(25:39):
liberal establishment and their embrace of the British Bred heresy
of unfettered free trade. Now President Trump is giving all
these other countries the option of free and fair trade.
He points out the Tariff Act of seventeen eighty nine
and acted with the declared purpose the encouragement of protection
of manufacturers. It was the second Act passed by the

(26:01):
First Congress, led by Speaker James Madison, crafted by Alexander Hamilton,
signed by President Washington. After the War of eighteen twelve,
President Madison, backed by Henry Clay and John Calhoun, and
ex President Jefferson and Adams enacted the Tariff of eighteen
sixteen to price British textiles out of competition, so Americans

(26:23):
would build the new factories and they would capture the
booming US market. Harris Finance President Lincoln's war. The Tariff
of eighteen ninety bears the name of Ohio Congressman future
President William McKinley, who set a foreign manufacturer has no
right or claim to a quality with our own. He
pays no taxes, he performs no civil duties. That is

(26:46):
the economic patriotism. That is what it means economically to
put America first.

Speaker 3 (26:54):
And then he pointed.

Speaker 1 (26:54):
Out that the Fortney McCumber tariffs gave President Warren Harding
and Calvin Coolidg's the revenue to offset the slashing of
Wilson's income taxes, igniting the most dynamic decades, the Roaring twenties,
that Smooth Hawley caused the depression in the nineteen thirties

(27:14):
is a new deal. Myth att have tariff as a tax,
but its purpose is not just to raise revenue, but
to make a nation economically independent of others. Now, if
you go a little deeper beyond what Pat Becannon laid
out in his history. And you look at what tariffs
have done historically and what it means, you know, and

(27:36):
you look at the epic times you'll find out auto
manufacturing in Canada, Germany, Japan, Mexico.

Speaker 3 (27:42):
Are they going to be the hardest hit? Why should
we care?

Speaker 1 (27:45):
If Americans are getting those jobs? According to an estimate
from the firm PwC, the measures could increase the Trump tariffs,
in other words, revenues from seventy six billion to almost
six hundred and ninety seven billion. The US has recorded
trade deficits every year since nineteen seventy six. Last year alone,
the US goods and services trade gap surpassed nine hundred

(28:09):
and eighteen billion of seventeen percent increase just from twenty
twenty three alone. And if you look at automobile manufacturing
in Canada, Germany, Japan, Mexico, they're going to be the
hardest hit. So what And if they want to put
more tariffs on us because they're mad at us, fine,
we'll put more tariffs on them.

Speaker 3 (28:28):
The ball is going to be in their court, not
in our court.

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