April 3, 2025 • 35 mins
About the Guest(s): Willie Lawson is the host of THE MORNING Report, a prominent voice in urban conservative media. He is affiliated with FightBackMedia.com, where he provides insights and commentary from a conservative perspective. Over the years, Willie has become well-known for his engaging discussions on political affairs, trade issues, and social dynamics, offering a viewpoint that resonates particularly in urban and conservative circles. Episode Summary: In this captivating episode of THE MORNING Report, host Willie Lawson delves into the significant political and economic news surrounding the declaration of April 2, 2025, as Liberation Day by President Trump. With a focus on trade policies and tariffs, the episode critically analyzes the impact of these new trade measures, poised to reshape international economic relations. Listeners will gain insights into the possible repercussions for American workers and industries, offering a thorough analysis of the current trade dynamics between the United States and other global powers. The episode unpacks President Trump's announcement about imposing reciprocal tariffs, a strategic move aimed at leveling the playing field and protecting American industries. Willie Lawson highlights the current tariffs imposed by countries like the European Union, Japan, and Canada on American products, emphasizing the need for fair trade practices. By exploring the administration's strategy to reinforce the United States as a manufacturing superpower, the episode paints a comprehensive picture of the future implications for global trade and American economy. With sharp commentary, Willie explores the potential consequences of these policies, both immediate and long-term, providing a thought-provoking discussion for listeners deeply interested in politics and economics. Key Takeaways:
Become a supporter of this podcast: https://www.spreaker.com/podcast/morning-report--3694168/support.
- President Trump declared April 2, 2025 as "Liberation Day," marking a pivotal shift in U.S. trade policy with new reciprocal tariffs.
- The tariffs aim to address unfair trade practices by countries imposing high tariffs on American goods, with focus on bolstering American manufacturing.
- White House Press Secretary Caroline Levitt assures that these measures are backed by comprehensive research and expertise, poised to benefit American workers.
- The episode highlights countries with substantial tariffs on U.S. products, including the EU, Japan, India, and Canada, sparking discussions on trade imbalance.
- Willie Lawson underscores the strategic leverage of tariffs as a long-term play for achieving fair trade, emphasizing their potential to transform global economic dynamics.
- "It's time for reciprocity and it's time for a president to take historic change, to do what's right for the American people." – White House Press Secretary Caroline Levitt.
- "This is the long play. This is not the short play." – Willie Lawson.
- "Trump has a mandate to do this. He's doing what he promised he would do, bringing jobs back." – Unnamed guest.
- "Trump's willing to go zero tariffs on the continent. He's also willing to go to war." – Willie Lawson.
- "A lot of those countries, we are a large part of their GDP. This is the long game." – Willie Lawson.
- FightBackMedia.com - The primary platform associated with host Willie Lawson.
- True Social - Mentioned as President Trump's communication channel.
- Townhall.com - An article by Jeff Charles was referenced in discussion about Mexico's stance on tariffs.
Become a supporter of this podcast: https://www.spreaker.com/podcast/morning-report--3694168/support.
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Welcome to the Morning Report, a production of Fightbackmedia dot com,
the number one source of urban conservative information in America.
Speaker 2 (00:11):
Good morning, and welcome to the Mourner Report. My name
is Billy Lawson. Today is Liberation Days, as they say
in the White House. If you look up Liberation Day
on chat g GDP, the first thing you get is
the transvisibility Day. But you say, I don't think, and
I wrote in I don't think, we're talking about the
same thing. And then chat GB's t says, oh yeah,
(00:34):
Trump has. President Trump has denoted today April second, twenty
twenty five as Liberation Day. Again. It's Wednesday, April second,
twelved and twenty five that he's called Independence Day. It's
for years, he says this, He wrote this one truth
social For years we have been ripped off by virtually
(00:56):
every country in the world, both friend and foe. But
these those days are over. So America first, Trump said
last week. Trump will host an event in the White
House Rose Garden this afternoon. And you probably already saw it.
The layout details forecasting in recent weeks, reciprocal tariffs for
(01:24):
countries or companies that don't make goods in America will
be affected. If you don't make goods here in America,
you're going to be affected. So on Monday and Tuesday,
the White House Best Secretary Caroline Levitt previewed the tariffs implementation.
And here's what you said.
Speaker 3 (01:40):
I think, first of all, unfortunately these countries have been
ripping off our country for far too long, and they've made,
I think, their disdain for the American worker quite clear.
If you look at the unfair trade practices that we have,
fifty percent from the European Union on American dairy. You
have a seven hundred percent tariff from Japan on American rice.
You have a one hundred percent tariff from India on
(02:01):
American agricultural products. You have nearly a three hundred percent
tariff from Canada on American butter and American cheese. This
makes it virtually impossible for American products to be imported
into these markets, and it has put a lot of
Americans out of business and out of work over the
past several decades. So it's time for reciprocity, and it's
time for a president to take historic change to do
(02:24):
what's right for the American people. And that's going to
take place on one set.
Speaker 2 (02:27):
And he said that the President right now is with
the Trade and tariff team.
Speaker 4 (02:31):
They are very confident that this is all going to work.
Speaker 2 (02:35):
But what if they're wrong.
Speaker 3 (02:36):
They're not going to be wrong. It is going to work.
And the President has a brilliant team of advisors who
have been studying these issues for decades, and we are
focused on restoring the golden age of America and making
America manufacturing superpower. And again, Peter, I would point you
to the investments that have already trickled into this country.
And the President hasn't even made his tarif announcement yet tomorrow.
(02:58):
There have been billions of dollars in private investments from
around the world pouring into American communities. What does that
look like for those watching at home, for the people
you mentioned worried about their own economic circumstances, It means
more jobs in your communities, which means more money, more investments,
more money in your pocket. That's what the President is
committed to. And I would be remiss if I didn't
(03:19):
mention the president's commitment to tax cuts, which we are
counting on Congress to do, especially on Social Security.
Speaker 2 (03:30):
Yeah, and there's Peter Doucy saying, but what if But
what if they're wrong? Okay? Isn't like okay, so you
you say, we have some tariffs against these countries and
it doesn't work, like you can't. I mean, it's like
it's impossible to remove them, impossible to tick them down.
It's just stupid. It's just it's just it's just dumb ass.
(03:55):
So you saw that that Caroline Levitt said, you know
it's going to work. So I don't know, I don't
know what you're talking about. Here's here's the thing, though,
there's been all this talk about tarofts and in the media,
and some people on on social media are acting like
like tarriffs was just a Trump idea in the very
(04:19):
same way they thought that are they all to have
people believe that slavery was just a United States idea?
Like the United States came up with slavery, the United
States came up with with terrifts, the Trump killed with terrorists,
and somehow like other countries don't charge tariffs. As a
matter of fact, here are here are a few. It's
(04:43):
a tariff from the from the EEU on American dairy,
on our cheese, on our milk, our cottage cheese, or
sour cream, American dairy. There's a fifty riffs from the
from the EU on American dairy. There is a seven
(05:04):
one hundred percent tariff from Japan on American rice, but
that good Louisiana rice seven hundred percent tariff. You can't
sell rights in you know, in Japan, you can't go
to a Japanese store and find any American rice. Just
(05:25):
not there. Here. You can find as much Japanese rice
as as you can chomp down as you can pick
up with the freaking chopsticks. There seven hundred percent tariff.
India a friend one hundred percent tariff on American agricultural products.
(05:52):
Canada a country we share a border with one of
the longest borders in the world. Tariff from Canada on
American butter and cheese, and share a border with Wisconsin.
Our dairy stay. And this continues to happen, and of
(06:15):
course media and social media would be like like like
tears for something that Trump in minute, it's just stupid, stupid.
Scott Benson uh he said for the first time that
since he was a college student, we're actually going to
(06:36):
see fair trade. It's crazy to go ahead and watch this.
Speaker 4 (06:44):
April second we are going to disclose the reciprocal tariffs.
I'm not going to get out ahead of President Trump.
He's going to announce him three o'clock on Wednesday. And
I think for the first time in decades, probably since
I was a college student, we're going to see a
fair trade and everyone will have the opportunity to lower
(07:10):
their tariffs, lower their non tariff barriers, stop the currency manipulation,
stop subsidizing labor, stop subsidizing you, stop providing cheap loans,
and they make make the global trading system fair for
American workers again. And if President Trump campaigned on this,
(07:33):
he has a mandate. As you know, he had a
substantial electoral college majority. He won all seven swing states,
and he won the popular vote, so he has a
mandate to do this. He's doing what he promised he
would do. He's bringing jobs.
Speaker 2 (07:52):
Yes, and they're doing something that they should do. They
keep repeating that Trump has a mandate. The left is like,
barely won the popular vote. Well, he questioned in the
court of vote, but they don't. But they don't county
electoral college all the seven swing states that might have
gone the other way. And it turned out we didn't
(08:12):
really need a qruesh for them all turned the tide,
moved the needle, as I had to say, and hopefully
these changes will be made. So on Capitol Hill, Trump
still has the backing of the House of the Ways
and Means Chairman Jason Smith gonna go ahead and play
(08:35):
a clip from Jason Smith from Fox.
Speaker 1 (08:38):
News Tomorrow's Liberation Day. He's going to make some serious
moves if if these countries do not treat our products fairly.
And you know, Stuart, if you look at a report
that I was just reviewing recently, out of one hundred
and thirty two different countries and six hundhundred thousand different products,
(09:02):
US exporters pay higher tariffs on two thirds of those products,
that is unacceptable. That is not a level plane fill.
That is not free and fair trade.
Speaker 2 (09:18):
Like we talked about a little bit ago, we talked
about tariffs being leverage, right leverage. So this country decide
the charge, this country decides to charge this country more
for their goods. Right, Well, this country makes Bubbly, and
(09:39):
this country makes Waterloo, Waterloo. This country imports a lot
of Bubbly, a lot of Bubbly, A lot of Bubbly,
a lot of bubbly this country right here, this country
decides to protect its bubbly that is going to charge
(10:03):
one hundred percent tariff on the import of Waterloo into
their country. Now, this country's GDP trading with this country
is one point five percent. They trade Waterloo everywhere else
in the world. Yeah, everywhere else, this country here, one
(10:27):
point five percent. They could effectively, they could effectively do
it without this country. They charge this country charge is
let's say they charge two hundred percent to get waterloo in.
(10:50):
This country decides that they have a tariff of five
percent to get bubbly in, so there is a trade
and balance. This country decides, screw that country, We're gonna
we're gonna we're gonna raise our tariff to be fair,
to be equal with you. You charge me, you you
(11:15):
you over here charge me two hundred percent. I am
gonna charge you two hundred percent because then it will
be equal. I remember, now, remember this country. It's only
dealing like this. Is this because only one point five
percent of this country's right, they don't really need them.
(11:38):
If these people decided I don't want to do it,
I don't wanna trey with you anymore. This country, this
country would be just fine. It'd be kind of a shame,
but this country will be just fine if this country, sorry,
didn't want to deal with them anymore. That's what we're
(11:58):
talking about. This is essentially what we're talking about. Some
of these countries are gonna have to start dealing fairly
in trade with the United States. We're gonna put up, uh,
(12:20):
the list that the President had at his at his
press thing in the Rose Garden announcing some of these tariffs,
and you'll get to see what we're kind of talking about.
There's a bunch of country We're not gonna list them all,
but we're gonna show them on the screen anyway. So
we saw doing his expearence on c NBC Ross Sorkins, uh,
(12:44):
the the Ontario Premier Doug Ford, as you, I said
that Canada would drop all of its tariffs on US goods.
So those people like like Peter Deocy was like, what
if it doesn't work, because it's leverage, it's already working.
That's something my shirt, it's already working. It's already working,
(13:07):
already working. The Mexican president has said that she that
she's not gonna go tit for tat, which which which
kind of means like, hey, listen, whatever you charge, will
charge and we'll be fine. We're not going to keep going.
We're not going to escalate. We share a border. Trade
should be fair across the boarder, should be fair. Fair
(13:34):
in this particular instance, I don't know why a lot
of people on the left can't get this. Fair should
mean it's it's the same you charge. You charge two percent,
we charge two percent. You charge zero percent, We charge
zero percent. Now zero percent is actually free trade. You
can sell your stuff here. We're not going to increase
(13:57):
the price of it. We can sell our stuff there.
We're not going to increase the price of it now.
Part but part of the deal is that we're dealing
with with Timmans and socialist country that subsidize their factories
that gives them an immediate advantage.
Speaker 5 (14:17):
Let's sit down and discuss this because it's just going
to hurt American jobs. I can't stress it enough. And
you know, again he believes he's supporting Americans. He said
he was going to create jobs, create wealth, reduce inflation.
It's worked the total opposite. Inflation.
Speaker 6 (14:37):
It's fair that you have tariffs on a whole number
of products.
Speaker 5 (14:41):
And we'd be willing to take those off tomorrow if
he took all the tariffs off. We are not the problem, Andrew,
do you know what the problem is. China is the problem.
And he's taken a blind eye to China as they
continue to build their critical mineral mass. We have all
the critical minerals that are great neighbors need. We have
the energy that our big neighbors need.
Speaker 2 (15:03):
I just want to go back.
Speaker 6 (15:04):
I just want to go back for a moment. If
in fact you're prepared to take your tariffs off, why
wouldn't you have that negotiation and that conversation now before
any tariffs get put in place.
Speaker 5 (15:14):
Well, we've had we've had this conversation for over the
last month. We don't want tariffs. We have another sixty
five billion dollars with a tariffs to launch today. That's
the last thing we want to do because it's just
again it's it's going to hurt both countries. It's going
to hurt American workers. That's the last thing I want.
Speaker 6 (15:33):
Take the other ones off, not the ones you're launching today.
You're saying, you're saying you're taking all your tariffs off.
I'm saying that's right. Why is that not all? I
guess my question is why has all of that not
already happened? And does and does President Trump know that
you'd be prepared.
Speaker 5 (15:51):
To do that? He knows, and Secretary Latnik knows that
we're willing to take these tariffs off. Like in the
next minute, if he said he's taking their tariffs off.
Let's look at the auto sector.
Speaker 2 (16:06):
So there needs to be some balance there, some reciprocal
balance to make it even or as opposed to even
as possible. Do you think most adults think so? So?
But Douglas, you know, Doug Ford's on there saying he
stated that the impending tariff war is just going to
(16:29):
hurt American jobs and that Trump said he was going
to create jobs and wealth and reduce inflation. So sort
could asked, and you asked for it, whether you believed
it was fair that Canada has tariffs or a whole
number of products, he said, And we'd be willing to
take those off tomorrow if you took all the terrors off, suggested,
(16:52):
and he suggested that really China is the problem. The
host asked why Canada wouldn't have these negotiations before, Well, well,
I know why, and you know why, because they never
thought that he would be able to that Trump would
do it. Trump is a blustery dude. He never thought
he'd do it. He was of the mind, like a
(17:13):
lot of people like this was just go on business
as usual. Trump would make a fuss, nothing would happen.
And what they're learning is around the world, what they're learning,
what they learned today is that Trump's a different cat,
completely different cat. And especially in this situation where he is,
he knows that he is short term. This is the
(17:37):
last time. I mean this. There's no there's not going
to be a third term. Trump is not going to
try to get Congress to maneuver a third term. He's
just messing with y'all. I mean this. This dude is
one hundred thousand time troll master. He's just messling with y'all. Frankly,
(18:04):
I don't think he's interested in running for a third term.
I know. Think, first of all, think how old he's
going to be. And do not think he is interested
in the least about a third term. Just giving you
all something to talk about in the meantime. So Doug Ford,
the Dude from Canada further explained that Trump the Trump
(18:27):
administration quote knows that we're willing to take the terrace
off in the next minute. And he and if he
said he's taking their terraces off. Now, the deal is now.
If Doug Ford wants to play chicken, he's gonna get cooked.
He's going to get cooked because Trump's gonna go mm hmm.
(18:51):
I'm afraid You're gonna have to go first. In my
example with the Bubbly and the waterloof. Yes, I'm drinking
Bubbly and Waterloo. I know, I know, but anyway, we're waterling.
The amount of trade as a percentage of GDP with
Canada it's fairly small Canada with the United States huge
(19:17):
sev it's monstrous. They need us, uh Doug Fortune to
be worried about about American jobs, he should be terrified
for Canadian jobs. Terrified. So he's going to have to
(19:39):
make the first move there. He's going to have to
wake up tomorrow morning and go, yep, all the tariffs
of off are off. And then because it's reciprocal, Trump
may go, Okay, how about all the indurdency that are
subsidized by the Canadian government. They have an advantage. Can
(20:01):
we make it so we don't have that, so that
advantage is taken away, so all our companies can do
the deal failure across the border because we're gonna because
Trump's gonna say it's on you. You know what We're
(20:21):
gonna do. Now what's on you and take all the
pressure and put it back on Canada, like all the
pressure and put it back on Mexico. Because Trump's willing
to go zero tariffs on the continent. He's willing to
go zero tariffs on the continent. He's also willing to
go to war. You could get what you want, but
(20:48):
you're not gonna be able to keep what you have.
That's what he's telling them. You can get what you want,
but you're not gonna be able to keep what you have.
If you wants if what you want is fair trade,
you're gonna be able to get that because you're not
going to be able to maintain the status quo. That's
not going to happen. That's simply not going to happen.
And doug Ford, of course, serves as the chair of
(21:11):
Canada's Council of the Federation of Premiers. However, tariffs on
some of US goods fall under the purview of the
nation's federal government, so the Prime Minister Mark Carney has
not yet revealed on how exactly Canada will respond to
Trump's incoming cruciprocal to tariffs that are said to be
(21:33):
announced at four o'clock. Actually we'll three o'clock o'clock and
we're going to talk about those in a little bit.
The federal government has previously said it prepared to move
forward with tariffs to a total of one hundred and
fifty five billion dollars worth of US goods for Ontario's parts.
The province has unleashed a number of retaliatory messages, including
(21:56):
removing all American made alcohol from l'c ebo shells, banning
US companies from government particurement, and imposing and then rescinding
a twenty five a twenty five twenty five tax on
electricity sent south of the boarderper sent tax on. Yeah,
(22:17):
they did it, and they pulled a back. We'll see,
we'll see what happens before it is threatened to let
you a search arge and electricity to three US states.
In March, as President Trump continued to discuss tariffs, Trump
responded by threatening to double down double the tariffs he
(22:39):
had already placed on Canadian products. You know, we had
a show with our friend from from Wisconsin and Paul
Swanson of the Sponsor Report, and he and he had
a great, great point. He said, look around your house,
(23:01):
there's something that says made in Canada. Go ahead, Oh wait, well,
I guess you've looked around the house and you've found
zero that says made in Canada on it. That's exactly right,
unless you've gone and got it yourself, or you live
on a border state. You live as far as you,
(23:22):
as far as I do, from Canada down in Florida,
there's nothing in your house. That's not one single damn
thing in your house that says made in Canada. Unfortunately,
there's lots of stuff around here, just on my table here,
this is made in This has made in China. Yeah,
there's lots, way too much. The guitar, Wait a minute,
(23:45):
where's my guitar made? I don't know, he says, I
don't know. I don't know where. I don't know where this.
I don't know where this guitar was. State. It's nice
little guitar. It's the Tona guitar. I think they were
made and I think they're made in Mexico. But any case,
(24:07):
there's nothing in my house that was made in China. Nothing,
I mean in Canada. Mouse Chinese, a microphone Chinese, I mean,
So that relationship is going to be different in Canada,
so with Canada. So so you know, people in Canada
are blowing up like what they have to say is
(24:31):
actually going to going to matter, especially when they can
barely feel the military, let alone win a Stanley Cup
shout out. I'm basically the same thing in Mexico. There's
more stuff in your house made in Mexico, especially in
your maybe in your driveway that was a symbol in
(24:51):
Mexico than Canada. So this is leverage. This is all leverage.
So what we're gonna do, We're gonna show you some
I'm going to show you some some sheets of what
the the reciprocal tariffs are for countries, for countries around
(25:18):
the world, and you're gonna look at them and go,
you know what we're You may look at them and go,
we're still getting got We're kind of getting screwed a
little bit. You know, this isn't I mean, this isn't
even this isn't reciprocal in that sense where you think
reciprocal means that you do ten. We do ten. This
(25:41):
first one that I'm looking at is Moldovia. Moldovia right
now tears in the United States, including care including currency
manipulation and trade barriers SI so USA discount of recipiable
tariffs will be thirty one percent. Angola, we don't do
(26:04):
much trading with Angola, but they're at sixty three percent.
We'll charge them thirty two. Let's go down to places
like Mozambique thirty we'll charge them sixteen. Right, let's go
down to the Falkland Islands. Remember the Falklands island with
(26:26):
all the sheeps, the sheep sheeps, sheep eight including the manipulator,
manipulation of the currency and all that kind of stuff.
We're gonna charge him forty one percent. Now, it doesn't
matter how much trading do we do with the Falkland Islands.
Almost not. Some of these countries like Albania, Armenian, Armenia
(26:51):
and Nepal, since Martine Kuwait to Togo, Surnam, Belize ten.
So there's a lot of a lot of countries where
you're like, you know, it's gonna be it's gonna be okay,
it's not it's not a big deal. Oman ten percent, Uruguay,
(27:11):
uh Ukraine percent on cutter a guitar, some of these
other countries, Maritus eight. We'll charge them half of it
because we barely we barely doing anything with them. Liechtenstein
seventy three percent. We'll charge them thirty eight total, Haiti
(27:39):
ten ten, Bosnia Herzegovina seventy percent tariff on US on
US goods. And you know we combine their tear, their
tariffs and currency manipulation seventy we'll charge them half to
sell Bosnian and hurts Covinie in uh product here in
(28:01):
the US. And how anything in your house made in Canada,
in your house made in Bosnia, each margin, whatever, Nothing
in your house made in Bosnia. Nothing unless you've been
there and brought something with you. Nothing in your house.
So now you can look at these, and we'll put
(28:23):
these on the screen so you can so you can
peruse them. And what you'll see is, oh, it's nothing,
it's nothing. Most most of this is much ado about nothing.
So if it doesn't concern Mexico, Canada and China, doesn't
(28:48):
really much matter. But with all the all the hullabaloo,
our our, our, our trading partners on this continent. Both
China and Mexico are already backing down, all ready backing down.
Why leverage a lot more things? You know, we buy
a lot more things from Mexico than they buy from us.
(29:09):
They need us more than we need them. That's just
it's just folks. You you may like it or you
may not like it, but that's the That's how it is.
That's just how it is. Mexico, like I said, Mexico
has decided, well, maybe maybe we won't mess with this
(29:31):
back and forth war stuff with trade. An article in
town Hall by my friend Jeff Charles who writes, the
Mexican government will not impose retaliatory tariff if President Donald
Trump proposed this duties to go into effect on April second,
which was now as you're watching this yesterday, Mexican President
Claudia Shinbaum indicated that Wednesday, indicated that the nation will
(29:54):
look at other ways and navigate the imminent terror for
terra war. And you what it's going to be backing
off your tariffs? What's gonna be? So says Mexican President
Claudia Schinebaum said when you say that Mexico does not
plan to impose with talentory tariffs on the United States.
(30:14):
Ahead of the President Trump's announcement to impose new tariffs,
shine Bum added that Mexico will on Thursday tomorrow, I
announced a comprehensive program, not a tit for tat on tariffs.
How much you want to get to this comprehensive program
(30:35):
backs off their tariffs that they already have. How much
one to bet? Yeah, of course leverage leverage they need us,
We don't need them. And I think that that's something
(30:57):
that a lot of people just don't get h as
far as trade goes, don't need that. Well, there might
there be an uptick in avocado crisis of alvacados from Mexico.
Maybe so your guak may be a little bit more expensive.
It might be okay, okay, fine, But that's really about it.
(31:28):
Car companies that are made in Mexico now are are
moving their productions back to the United States, creating American jobs,
pretty good paying American jobs. And that's the point. That's
the point. Really looking forward to seeing how this play
(31:49):
plays out. Like the dude from Shark Tank says, this
is the long play it's not the short place. It's
not the play for the next elections for twenty twenty four.
This is not This is a long play. And where
American business in an American government has failed so often
(32:11):
in the past half to you know, half century, is
that we only think from election cycle to an election cycle,
that we never think the long play. This, this battle
with Taros and this whole you know, imposing leverage is
for the long term. That things will be better in
(32:34):
the long run. Maybe not in a short term. There
may be some pain, you know, in the beginning of this,
there might be very well might be. I don't think
nearly as much as people think, but there might be.
But in a long term, when countries have to deal
fairly in trade with the US, it is my thought,
(32:58):
is my belief, that they will because we are a
consumer nation, and especially if we start building up manufacturing
and we need them less and less. This is why,
you know, if somebody else around the world can build
a cell phone, we can build a cell phone here.
(33:19):
We can put a cell phone together here if somebody
has to. You know, if somebody around the world has
to build a TV, we can build a TV here.
If they won't let us sell. You know, if they
won't let us sell our TVs there and they don't,
we can build our TVs here. They will need they
(33:41):
will need us as trade partners. Most of the countries
around the world need us as trade partners because we
buy crap, because we we're Americans. We like stuff. Remember
George Colin that did his whole thing on stuff. We
have these big houses so we can have our stuff,
(34:04):
and then we go on vacation and we take a
you know, a subset of our stuff with us. Sometimes
we have so much stuff that we rent a place
to have stuff that we never freakin see. But it's
hard stuff and we buy that stuff and it comes
from all over the world. They need us a lot
(34:29):
of those countries. We are a large part of their GDP.
This is the long game. I like that Trump's ben
a long game. I do you know That's how we're
successful in the long term. You know, we got to
get out of here making before somebody else. So until
we see again, walk there and learn and love somebody,
and for goodness sake to all, take care of yourself.
(34:51):
We will see you when we see you. No
Welcome to the Morning Report, a production of Fightbackmedia dot com,
the number one source of urban conservative information in America.
Speaker 2 (00:11):
Good morning, and welcome to the Mourner Report. My name
is Billy Lawson. Today is Liberation Days, as they say
in the White House. If you look up Liberation Day
on chat g GDP, the first thing you get is
the transvisibility Day. But you say, I don't think, and
I wrote in I don't think, we're talking about the
same thing. And then chat GB's t says, oh yeah,
(00:34):
Trump has. President Trump has denoted today April second, twenty
twenty five as Liberation Day. Again. It's Wednesday, April second,
twelved and twenty five that he's called Independence Day. It's
for years, he says this, He wrote this one truth
social For years we have been ripped off by virtually
(00:56):
every country in the world, both friend and foe. But
these those days are over. So America first, Trump said
last week. Trump will host an event in the White
House Rose Garden this afternoon. And you probably already saw it.
The layout details forecasting in recent weeks, reciprocal tariffs for
(01:24):
countries or companies that don't make goods in America will
be affected. If you don't make goods here in America,
you're going to be affected. So on Monday and Tuesday,
the White House Best Secretary Caroline Levitt previewed the tariffs implementation.
And here's what you said.
Speaker 3 (01:40):
I think, first of all, unfortunately these countries have been
ripping off our country for far too long, and they've made,
I think, their disdain for the American worker quite clear.
If you look at the unfair trade practices that we have,
fifty percent from the European Union on American dairy. You
have a seven hundred percent tariff from Japan on American rice.
You have a one hundred percent tariff from India on
(02:01):
American agricultural products. You have nearly a three hundred percent
tariff from Canada on American butter and American cheese. This
makes it virtually impossible for American products to be imported
into these markets, and it has put a lot of
Americans out of business and out of work over the
past several decades. So it's time for reciprocity, and it's
time for a president to take historic change to do
(02:24):
what's right for the American people. And that's going to
take place on one set.
Speaker 2 (02:27):
And he said that the President right now is with
the Trade and tariff team.
Speaker 4 (02:31):
They are very confident that this is all going to work.
Speaker 2 (02:35):
But what if they're wrong.
Speaker 3 (02:36):
They're not going to be wrong. It is going to work.
And the President has a brilliant team of advisors who
have been studying these issues for decades, and we are
focused on restoring the golden age of America and making
America manufacturing superpower. And again, Peter, I would point you
to the investments that have already trickled into this country.
And the President hasn't even made his tarif announcement yet tomorrow.
(02:58):
There have been billions of dollars in private investments from
around the world pouring into American communities. What does that
look like for those watching at home, for the people
you mentioned worried about their own economic circumstances, It means
more jobs in your communities, which means more money, more investments,
more money in your pocket. That's what the President is
committed to. And I would be remiss if I didn't
(03:19):
mention the president's commitment to tax cuts, which we are
counting on Congress to do, especially on Social Security.
Speaker 2 (03:30):
Yeah, and there's Peter Doucy saying, but what if But
what if they're wrong? Okay? Isn't like okay, so you
you say, we have some tariffs against these countries and
it doesn't work, like you can't. I mean, it's like
it's impossible to remove them, impossible to tick them down.
It's just stupid. It's just it's just it's just dumb ass.
(03:55):
So you saw that that Caroline Levitt said, you know
it's going to work. So I don't know, I don't
know what you're talking about. Here's here's the thing, though,
there's been all this talk about tarofts and in the media,
and some people on on social media are acting like
like tarriffs was just a Trump idea in the very
(04:19):
same way they thought that are they all to have
people believe that slavery was just a United States idea?
Like the United States came up with slavery, the United
States came up with with terrifts, the Trump killed with terrorists,
and somehow like other countries don't charge tariffs. As a
matter of fact, here are here are a few. It's
(04:43):
a tariff from the from the EEU on American dairy,
on our cheese, on our milk, our cottage cheese, or
sour cream, American dairy. There's a fifty riffs from the
from the EU on American dairy. There is a seven
(05:04):
one hundred percent tariff from Japan on American rice, but
that good Louisiana rice seven hundred percent tariff. You can't
sell rights in you know, in Japan, you can't go
to a Japanese store and find any American rice. Just
(05:25):
not there. Here. You can find as much Japanese rice
as as you can chomp down as you can pick
up with the freaking chopsticks. There seven hundred percent tariff.
India a friend one hundred percent tariff on American agricultural products.
(05:52):
Canada a country we share a border with one of
the longest borders in the world. Tariff from Canada on
American butter and cheese, and share a border with Wisconsin.
Our dairy stay. And this continues to happen, and of
(06:15):
course media and social media would be like like like
tears for something that Trump in minute, it's just stupid, stupid.
Scott Benson uh he said for the first time that
since he was a college student, we're actually going to
(06:36):
see fair trade. It's crazy to go ahead and watch this.
Speaker 4 (06:44):
April second we are going to disclose the reciprocal tariffs.
I'm not going to get out ahead of President Trump.
He's going to announce him three o'clock on Wednesday. And
I think for the first time in decades, probably since
I was a college student, we're going to see a
fair trade and everyone will have the opportunity to lower
(07:10):
their tariffs, lower their non tariff barriers, stop the currency manipulation,
stop subsidizing labor, stop subsidizing you, stop providing cheap loans,
and they make make the global trading system fair for
American workers again. And if President Trump campaigned on this,
(07:33):
he has a mandate. As you know, he had a
substantial electoral college majority. He won all seven swing states,
and he won the popular vote, so he has a
mandate to do this. He's doing what he promised he
would do. He's bringing jobs.
Speaker 2 (07:52):
Yes, and they're doing something that they should do. They
keep repeating that Trump has a mandate. The left is like,
barely won the popular vote. Well, he questioned in the
court of vote, but they don't. But they don't county
electoral college all the seven swing states that might have
gone the other way. And it turned out we didn't
(08:12):
really need a qruesh for them all turned the tide,
moved the needle, as I had to say, and hopefully
these changes will be made. So on Capitol Hill, Trump
still has the backing of the House of the Ways
and Means Chairman Jason Smith gonna go ahead and play
(08:35):
a clip from Jason Smith from Fox.
Speaker 1 (08:38):
News Tomorrow's Liberation Day. He's going to make some serious
moves if if these countries do not treat our products fairly.
And you know, Stuart, if you look at a report
that I was just reviewing recently, out of one hundred
and thirty two different countries and six hundhundred thousand different products,
(09:02):
US exporters pay higher tariffs on two thirds of those products,
that is unacceptable. That is not a level plane fill.
That is not free and fair trade.
Speaker 2 (09:18):
Like we talked about a little bit ago, we talked
about tariffs being leverage, right leverage. So this country decide
the charge, this country decides to charge this country more
for their goods. Right, Well, this country makes Bubbly, and
(09:39):
this country makes Waterloo, Waterloo. This country imports a lot
of Bubbly, a lot of Bubbly, A lot of Bubbly,
a lot of bubbly this country right here, this country
decides to protect its bubbly that is going to charge
(10:03):
one hundred percent tariff on the import of Waterloo into
their country. Now, this country's GDP trading with this country
is one point five percent. They trade Waterloo everywhere else
in the world. Yeah, everywhere else, this country here, one
(10:27):
point five percent. They could effectively, they could effectively do
it without this country. They charge this country charge is
let's say they charge two hundred percent to get waterloo in.
(10:50):
This country decides that they have a tariff of five
percent to get bubbly in, so there is a trade
and balance. This country decides, screw that country, We're gonna
we're gonna we're gonna raise our tariff to be fair,
to be equal with you. You charge me, you you
(11:15):
you over here charge me two hundred percent. I am
gonna charge you two hundred percent because then it will
be equal. I remember, now, remember this country. It's only
dealing like this. Is this because only one point five
percent of this country's right, they don't really need them.
(11:38):
If these people decided I don't want to do it,
I don't wanna trey with you anymore. This country, this
country would be just fine. It'd be kind of a shame,
but this country will be just fine if this country, sorry,
didn't want to deal with them anymore. That's what we're
(11:58):
talking about. This is essentially what we're talking about. Some
of these countries are gonna have to start dealing fairly
in trade with the United States. We're gonna put up, uh,
(12:20):
the list that the President had at his at his
press thing in the Rose Garden announcing some of these tariffs,
and you'll get to see what we're kind of talking about.
There's a bunch of country We're not gonna list them all,
but we're gonna show them on the screen anyway. So
we saw doing his expearence on c NBC Ross Sorkins, uh,
(12:44):
the the Ontario Premier Doug Ford, as you, I said
that Canada would drop all of its tariffs on US goods.
So those people like like Peter Deocy was like, what
if it doesn't work, because it's leverage, it's already working.
That's something my shirt, it's already working. It's already working,
(13:07):
already working. The Mexican president has said that she that
she's not gonna go tit for tat, which which which
kind of means like, hey, listen, whatever you charge, will
charge and we'll be fine. We're not going to keep going.
We're not going to escalate. We share a border. Trade
should be fair across the boarder, should be fair. Fair
(13:34):
in this particular instance, I don't know why a lot
of people on the left can't get this. Fair should
mean it's it's the same you charge. You charge two percent,
we charge two percent. You charge zero percent, We charge
zero percent. Now zero percent is actually free trade. You
can sell your stuff here. We're not going to increase
(13:57):
the price of it. We can sell our stuff there.
We're not going to increase the price of it now.
Part but part of the deal is that we're dealing
with with Timmans and socialist country that subsidize their factories
that gives them an immediate advantage.
Speaker 5 (14:17):
Let's sit down and discuss this because it's just going
to hurt American jobs. I can't stress it enough. And
you know, again he believes he's supporting Americans. He said
he was going to create jobs, create wealth, reduce inflation.
It's worked the total opposite. Inflation.
Speaker 6 (14:37):
It's fair that you have tariffs on a whole number
of products.
Speaker 5 (14:41):
And we'd be willing to take those off tomorrow if
he took all the tariffs off. We are not the problem, Andrew,
do you know what the problem is. China is the problem.
And he's taken a blind eye to China as they
continue to build their critical mineral mass. We have all
the critical minerals that are great neighbors need. We have
the energy that our big neighbors need.
Speaker 2 (15:03):
I just want to go back.
Speaker 6 (15:04):
I just want to go back for a moment. If
in fact you're prepared to take your tariffs off, why
wouldn't you have that negotiation and that conversation now before
any tariffs get put in place.
Speaker 5 (15:14):
Well, we've had we've had this conversation for over the
last month. We don't want tariffs. We have another sixty
five billion dollars with a tariffs to launch today. That's
the last thing we want to do because it's just
again it's it's going to hurt both countries. It's going
to hurt American workers. That's the last thing I want.
Speaker 6 (15:33):
Take the other ones off, not the ones you're launching today.
You're saying, you're saying you're taking all your tariffs off.
I'm saying that's right. Why is that not all? I
guess my question is why has all of that not
already happened? And does and does President Trump know that
you'd be prepared.
Speaker 5 (15:51):
To do that? He knows, and Secretary Latnik knows that
we're willing to take these tariffs off. Like in the
next minute, if he said he's taking their tariffs off.
Let's look at the auto sector.
Speaker 2 (16:06):
So there needs to be some balance there, some reciprocal
balance to make it even or as opposed to even
as possible. Do you think most adults think so? So?
But Douglas, you know, Doug Ford's on there saying he
stated that the impending tariff war is just going to
(16:29):
hurt American jobs and that Trump said he was going
to create jobs and wealth and reduce inflation. So sort
could asked, and you asked for it, whether you believed
it was fair that Canada has tariffs or a whole
number of products, he said, And we'd be willing to
take those off tomorrow if you took all the terrors off, suggested,
(16:52):
and he suggested that really China is the problem. The
host asked why Canada wouldn't have these negotiations before, Well, well,
I know why, and you know why, because they never
thought that he would be able to that Trump would
do it. Trump is a blustery dude. He never thought
he'd do it. He was of the mind, like a
(17:13):
lot of people like this was just go on business
as usual. Trump would make a fuss, nothing would happen.
And what they're learning is around the world, what they're learning,
what they learned today is that Trump's a different cat,
completely different cat. And especially in this situation where he is,
he knows that he is short term. This is the
(17:37):
last time. I mean this. There's no there's not going
to be a third term. Trump is not going to
try to get Congress to maneuver a third term. He's
just messing with y'all. I mean this. This dude is
one hundred thousand time troll master. He's just messling with y'all. Frankly,
(18:04):
I don't think he's interested in running for a third term.
I know. Think, first of all, think how old he's
going to be. And do not think he is interested
in the least about a third term. Just giving you
all something to talk about in the meantime. So Doug Ford,
the Dude from Canada further explained that Trump the Trump
(18:27):
administration quote knows that we're willing to take the terrace
off in the next minute. And he and if he
said he's taking their terraces off. Now, the deal is now.
If Doug Ford wants to play chicken, he's gonna get cooked.
He's going to get cooked because Trump's gonna go mm hmm.
(18:51):
I'm afraid You're gonna have to go first. In my
example with the Bubbly and the waterloof. Yes, I'm drinking
Bubbly and Waterloo. I know, I know, but anyway, we're waterling.
The amount of trade as a percentage of GDP with
Canada it's fairly small Canada with the United States huge
(19:17):
sev it's monstrous. They need us, uh Doug Fortune to
be worried about about American jobs, he should be terrified
for Canadian jobs. Terrified. So he's going to have to
(19:39):
make the first move there. He's going to have to
wake up tomorrow morning and go, yep, all the tariffs
of off are off. And then because it's reciprocal, Trump
may go, Okay, how about all the indurdency that are
subsidized by the Canadian government. They have an advantage. Can
(20:01):
we make it so we don't have that, so that
advantage is taken away, so all our companies can do
the deal failure across the border because we're gonna because
Trump's gonna say it's on you. You know what We're
(20:21):
gonna do. Now what's on you and take all the
pressure and put it back on Canada, like all the
pressure and put it back on Mexico. Because Trump's willing
to go zero tariffs on the continent. He's willing to
go zero tariffs on the continent. He's also willing to
go to war. You could get what you want, but
(20:48):
you're not gonna be able to keep what you have.
That's what he's telling them. You can get what you want,
but you're not gonna be able to keep what you have.
If you wants if what you want is fair trade,
you're gonna be able to get that because you're not
going to be able to maintain the status quo. That's
not going to happen. That's simply not going to happen.
And doug Ford, of course, serves as the chair of
(21:11):
Canada's Council of the Federation of Premiers. However, tariffs on
some of US goods fall under the purview of the
nation's federal government, so the Prime Minister Mark Carney has
not yet revealed on how exactly Canada will respond to
Trump's incoming cruciprocal to tariffs that are said to be
(21:33):
announced at four o'clock. Actually we'll three o'clock o'clock and
we're going to talk about those in a little bit.
The federal government has previously said it prepared to move
forward with tariffs to a total of one hundred and
fifty five billion dollars worth of US goods for Ontario's parts.
The province has unleashed a number of retaliatory messages, including
(21:56):
removing all American made alcohol from l'c ebo shells, banning
US companies from government particurement, and imposing and then rescinding
a twenty five a twenty five twenty five tax on
electricity sent south of the boarderper sent tax on. Yeah,
(22:17):
they did it, and they pulled a back. We'll see,
we'll see what happens before it is threatened to let
you a search arge and electricity to three US states.
In March, as President Trump continued to discuss tariffs, Trump
responded by threatening to double down double the tariffs he
(22:39):
had already placed on Canadian products. You know, we had
a show with our friend from from Wisconsin and Paul
Swanson of the Sponsor Report, and he and he had
a great, great point. He said, look around your house,
(23:01):
there's something that says made in Canada. Go ahead, Oh wait, well,
I guess you've looked around the house and you've found
zero that says made in Canada on it. That's exactly right,
unless you've gone and got it yourself, or you live
on a border state. You live as far as you,
(23:22):
as far as I do, from Canada down in Florida,
there's nothing in your house. That's not one single damn
thing in your house that says made in Canada. Unfortunately,
there's lots of stuff around here, just on my table here,
this is made in This has made in China. Yeah,
there's lots, way too much. The guitar, Wait a minute,
(23:45):
where's my guitar made? I don't know, he says, I
don't know. I don't know where. I don't know where this.
I don't know where this guitar was. State. It's nice
little guitar. It's the Tona guitar. I think they were
made and I think they're made in Mexico. But any case,
(24:07):
there's nothing in my house that was made in China. Nothing,
I mean in Canada. Mouse Chinese, a microphone Chinese, I mean,
So that relationship is going to be different in Canada,
so with Canada. So so you know, people in Canada
are blowing up like what they have to say is
(24:31):
actually going to going to matter, especially when they can
barely feel the military, let alone win a Stanley Cup
shout out. I'm basically the same thing in Mexico. There's
more stuff in your house made in Mexico, especially in
your maybe in your driveway that was a symbol in
(24:51):
Mexico than Canada. So this is leverage. This is all leverage.
So what we're gonna do, We're gonna show you some
I'm going to show you some some sheets of what
the the reciprocal tariffs are for countries, for countries around
(25:18):
the world, and you're gonna look at them and go,
you know what we're You may look at them and go,
we're still getting got We're kind of getting screwed a
little bit. You know, this isn't I mean, this isn't
even this isn't reciprocal in that sense where you think
reciprocal means that you do ten. We do ten. This
(25:41):
first one that I'm looking at is Moldovia. Moldovia right
now tears in the United States, including care including currency
manipulation and trade barriers SI so USA discount of recipiable
tariffs will be thirty one percent. Angola, we don't do
(26:04):
much trading with Angola, but they're at sixty three percent.
We'll charge them thirty two. Let's go down to places
like Mozambique thirty we'll charge them sixteen. Right, let's go
down to the Falkland Islands. Remember the Falklands island with
(26:26):
all the sheeps, the sheep sheeps, sheep eight including the manipulator,
manipulation of the currency and all that kind of stuff.
We're gonna charge him forty one percent. Now, it doesn't
matter how much trading do we do with the Falkland Islands.
Almost not. Some of these countries like Albania, Armenian, Armenia
(26:51):
and Nepal, since Martine Kuwait to Togo, Surnam, Belize ten.
So there's a lot of a lot of countries where
you're like, you know, it's gonna be it's gonna be okay,
it's not it's not a big deal. Oman ten percent, Uruguay,
(27:11):
uh Ukraine percent on cutter a guitar, some of these
other countries, Maritus eight. We'll charge them half of it
because we barely we barely doing anything with them. Liechtenstein
seventy three percent. We'll charge them thirty eight total, Haiti
(27:39):
ten ten, Bosnia Herzegovina seventy percent tariff on US on
US goods. And you know we combine their tear, their
tariffs and currency manipulation seventy we'll charge them half to
sell Bosnian and hurts Covinie in uh product here in
(28:01):
the US. And how anything in your house made in Canada,
in your house made in Bosnia, each margin, whatever, Nothing
in your house made in Bosnia. Nothing unless you've been
there and brought something with you. Nothing in your house.
So now you can look at these, and we'll put
(28:23):
these on the screen so you can so you can
peruse them. And what you'll see is, oh, it's nothing,
it's nothing. Most most of this is much ado about nothing.
So if it doesn't concern Mexico, Canada and China, doesn't
(28:48):
really much matter. But with all the all the hullabaloo,
our our, our, our trading partners on this continent. Both
China and Mexico are already backing down, all ready backing down.
Why leverage a lot more things? You know, we buy
a lot more things from Mexico than they buy from us.
(29:09):
They need us more than we need them. That's just
it's just folks. You you may like it or you
may not like it, but that's the That's how it is.
That's just how it is. Mexico, like I said, Mexico
has decided, well, maybe maybe we won't mess with this
(29:31):
back and forth war stuff with trade. An article in
town Hall by my friend Jeff Charles who writes, the
Mexican government will not impose retaliatory tariff if President Donald
Trump proposed this duties to go into effect on April second,
which was now as you're watching this yesterday, Mexican President
Claudia Shinbaum indicated that Wednesday, indicated that the nation will
(29:54):
look at other ways and navigate the imminent terror for
terra war. And you what it's going to be backing
off your tariffs? What's gonna be? So says Mexican President
Claudia Schinebaum said when you say that Mexico does not
plan to impose with talentory tariffs on the United States.
(30:14):
Ahead of the President Trump's announcement to impose new tariffs,
shine Bum added that Mexico will on Thursday tomorrow, I
announced a comprehensive program, not a tit for tat on tariffs.
How much you want to get to this comprehensive program
(30:35):
backs off their tariffs that they already have. How much
one to bet? Yeah, of course leverage leverage they need us,
We don't need them. And I think that that's something
(30:57):
that a lot of people just don't get h as
far as trade goes, don't need that. Well, there might
there be an uptick in avocado crisis of alvacados from Mexico.
Maybe so your guak may be a little bit more expensive.
It might be okay, okay, fine, But that's really about it.
(31:28):
Car companies that are made in Mexico now are are
moving their productions back to the United States, creating American jobs,
pretty good paying American jobs. And that's the point. That's
the point. Really looking forward to seeing how this play
(31:49):
plays out. Like the dude from Shark Tank says, this
is the long play it's not the short place. It's
not the play for the next elections for twenty twenty four.
This is not This is a long play. And where
American business in an American government has failed so often
(32:11):
in the past half to you know, half century, is
that we only think from election cycle to an election cycle,
that we never think the long play. This, this battle
with Taros and this whole you know, imposing leverage is
for the long term. That things will be better in
(32:34):
the long run. Maybe not in a short term. There
may be some pain, you know, in the beginning of this,
there might be very well might be. I don't think
nearly as much as people think, but there might be.
But in a long term, when countries have to deal
fairly in trade with the US, it is my thought,
(32:58):
is my belief, that they will because we are a
consumer nation, and especially if we start building up manufacturing
and we need them less and less. This is why,
you know, if somebody else around the world can build
a cell phone, we can build a cell phone here.
(33:19):
We can put a cell phone together here if somebody
has to. You know, if somebody around the world has
to build a TV, we can build a TV here.
If they won't let us sell. You know, if they
won't let us sell our TVs there and they don't,
we can build our TVs here. They will need they
(33:41):
will need us as trade partners. Most of the countries
around the world need us as trade partners because we
buy crap, because we we're Americans. We like stuff. Remember
George Colin that did his whole thing on stuff. We
have these big houses so we can have our stuff,
(34:04):
and then we go on vacation and we take a
you know, a subset of our stuff with us. Sometimes
we have so much stuff that we rent a place
to have stuff that we never freakin see. But it's
hard stuff and we buy that stuff and it comes
from all over the world. They need us a lot
(34:29):
of those countries. We are a large part of their GDP.
This is the long game. I like that Trump's ben
a long game. I do you know That's how we're
successful in the long term. You know, we got to
get out of here making before somebody else. So until
we see again, walk there and learn and love somebody,
and for goodness sake to all, take care of yourself.
(34:51):
We will see you when we see you. No
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