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March 5, 2025 46 mins
Kevin's take on Trump's speech to the joint session of Congress. After President Donald Trump alleged Chinese interference of the Panama Canal. The Chinese backed company, CK Hutchison has sold their interest and control of the critical shipping lane, Kevin has the details and offers his insights. The American Trucking Associations President & CEO Chris Spear released a statement in response to new tariffs on Canada, Mexico and China by the Trump administration, Kevin has the details and offers his opinion. Kevin points out the tariffs imposed on many American goods by Canada. Oil reacts to the announcement that OPEC+ to proceed with the planned April oil output increase, U.S. tariffs on Mexico and Canada took effect yesterday, China announced 10-15% increases in tariffs on U.S. products, U.S. ordering the end of Chevron's Venezuela oil exports in 30 days, higher than expected crude oil inventory, demand squeeze and soft demand from China.
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