Cabot Phillips

In the meantime, the White House has flooded the airwaves making their case to the American people. They argue tariffs go beyond the economy and have national security implications. In the past, for example, the president has argued that tariffs have even stopped wars.

In the meantime, the White House has flooded the airwaves making their case to the American people. They argue tariffs go beyond the economy and have national security implications. In the past, for example, the president has argued that tariffs have even stopped wars.

The White House also says that tariffs may not be preferred in a free market, but that the global economy is, in their view, no longer a true free market. They argue that other countries are manipulating markets and currencies and that we cannot continue playing by what they call an outdated set of rules. Obviously, now the big question becomes how those other countries will respond.

The White House also says that tariffs may not be preferred in a free market, but that the global economy is, in their view, no longer a true free market. They argue that other countries are manipulating markets and currencies and that we cannot continue playing by what they call an outdated set of rules. Obviously, now the big question becomes how those other countries will respond.

We'll have to wait and see.

We'll have to wait and see.

How do voters feel about the new economic order?

How do voters feel about the new economic order?

And Elon Musk uncovers millions of non-citizens on the Social Security rolls, including thousands who allegedly voted.

And Elon Musk uncovers millions of non-citizens on the Social Security rolls, including thousands who allegedly voted.

Just hours out from Donald Trump's Liberation Day, consumers, corporations, and international trading partners are preparing for a slew of new tariffs that could reshape the global economy.

Just hours out from Donald Trump's Liberation Day, consumers, corporations, and international trading partners are preparing for a slew of new tariffs that could reshape the global economy.

Well, if there's anything we've learned from Trump, it's that he is full of surprises. And that is certainly the case here. For weeks now, the president has floated a variety of ideas on tariffs, sometimes saying he would match the rates set by other countries, then floating the idea of a universal 20% rate, and then saying that he could be, quote, much more generous with our trading partners.

Well, if there's anything we've learned from Trump, it's that he is full of surprises. And that is certainly the case here. For weeks now, the president has floated a variety of ideas on tariffs, sometimes saying he would match the rates set by other countries, then floating the idea of a universal 20% rate, and then saying that he could be, quote, much more generous with our trading partners.

So to put it simply, we are in the dark on what exactly this Liberation Day will look like. And that sort of plays into Trump's strategy on these things.

So to put it simply, we are in the dark on what exactly this Liberation Day will look like. And that sort of plays into Trump's strategy on these things.

Well, by waiting until the last minute, he leaves the door open for more negotiating. On Friday, for example, Mexican President Claudia Sheinbaum met with Trump officials to discuss her plans to improve border security. clearly hoping to ease looming tariffs on her country. And in recent days, the president has fielded calls from the prime ministers of Canada and Great Britain.

Well, by waiting until the last minute, he leaves the door open for more negotiating. On Friday, for example, Mexican President Claudia Sheinbaum met with Trump officials to discuss her plans to improve border security. clearly hoping to ease looming tariffs on her country. And in recent days, the president has fielded calls from the prime ministers of Canada and Great Britain.

Both men reportedly made their last-minute pitches seeking to dodge tariffs. And more broadly, in the last 72 hours, lawmakers in both parties have... been lighting up the White House phones, lobbying for exemptions for particular industries in their states.

Both men reportedly made their last-minute pitches seeking to dodge tariffs. And more broadly, in the last 72 hours, lawmakers in both parties have... been lighting up the White House phones, lobbying for exemptions for particular industries in their states.