Gavin Bade

Right now, Trump wants to keep everyone atomized, keep everyone negotiating with him on a bilateral basis rather than a multilateral basis. But don't be fooled. I mean, these countries are talking to each other behind the scenes, even if they won't publicly acknowledge it. Wall Street Journal reporter Gavin Bade. Gavin, good to have you. Thank you so much. Glad to be here.

This is only the first or second salvo of this trade war. We have a whole handful of tariffs coming up next month.

This is only the first or second salvo of this trade war. We have a whole handful of tariffs coming up next month.

They are quite exposed right now. I mean, the U.S. is the biggest export market for both Mexico and Canada. So this is all battle stations right now. This is a pretty big economic shock to the entire North American economy, the U.S. included.

They are quite exposed right now. I mean, the U.S. is the biggest export market for both Mexico and Canada. So this is all battle stations right now. This is a pretty big economic shock to the entire North American economy, the U.S. included.

Meistens nur, dass sie das weiter kämpfen werden, bis die Fentanyl-Toten runterkommen. Ich meine, es ist sehr schwierig zu wissen, was Trump genau will, um diese Tarife zu lösen. Ich habe gerade mit Senator Bill Hagerty hier im Senat gesprochen, einer von Trumps naheliegendsten Allies. If these tariffs go away, do we have any idea what the effect might be?

Meistens nur, dass sie das weiter kämpfen werden, bis die Fentanyl-Toten runterkommen. Ich meine, es ist sehr schwierig zu wissen, was Trump genau will, um diese Tarife zu lösen. Ich habe gerade mit Senator Bill Hagerty hier im Senat gesprochen, einer von Trumps naheliegendsten Allies. If these tariffs go away, do we have any idea what the effect might be?

Du würdest einen großen Rettungsschein sehen. Du würdest einen Bump in den Stockmarkt sehen. Du würdest eine Menge Rettung in den Versorgungszahlen und Märkten sehen, wenn er einen Deal auf diesen Punkt machen konnte. Aber erinnere dich, das ist nur der erste oder zweite Salvo dieser Handelskriege.

Du würdest einen großen Rettungsschein sehen. Du würdest einen Bump in den Stockmarkt sehen. Du würdest eine Menge Rettung in den Versorgungszahlen und Märkten sehen, wenn er einen Deal auf diesen Punkt machen konnte. Aber erinnere dich, das ist nur der erste oder zweite Salvo dieser Handelskriege.

Wir haben eine ganze Menge Tarife nächstes Monat auf alles, von Automobilprodukten bis zu pharmazeutischen Produkten. Und dann hat Trump gestern neue Landwirtschafts-Tarife vorgesehen, über die wir noch keine Erkennung gehört haben. Also kommt hier noch viel mehr.

Wir haben eine ganze Menge Tarife nächstes Monat auf alles, von Automobilprodukten bis zu pharmazeutischen Produkten. Und dann hat Trump gestern neue Landwirtschafts-Tarife vorgesehen, über die wir noch keine Erkennung gehört haben. Also kommt hier noch viel mehr.

Thanks, Alex.

Thanks, Alex.

So we're talking about 25% on Canada, 25% on Mexico. Those are our two biggest trading partners. With the exception of crude oil and energy products, they'll get a 10% tariff. That's our colleague Gavin Bade. And then a 10 percent additional tariff on all imports from China, which is our third largest trading partner.

So we're talking about 25% on Canada, 25% on Mexico. Those are our two biggest trading partners. With the exception of crude oil and energy products, they'll get a 10% tariff. That's our colleague Gavin Bade. And then a 10 percent additional tariff on all imports from China, which is our third largest trading partner.

So we're talking about 25% on Canada, 25% on Mexico. Those are our two biggest trading partners. With the exception of crude oil and energy products, they'll get a 10% tariff. That's our colleague Gavin Bade. And then a 10 percent additional tariff on all imports from China, which is our third largest trading partner.

So dollar for dollar, we're looking at a tariff action that is larger than anything Trump did in his first term. And he did it all in one day. I think he did more than even some people inside the White House thought he would.

So dollar for dollar, we're looking at a tariff action that is larger than anything Trump did in his first term. And he did it all in one day. I think he did more than even some people inside the White House thought he would.

So dollar for dollar, we're looking at a tariff action that is larger than anything Trump did in his first term. And he did it all in one day. I think he did more than even some people inside the White House thought he would.

Tuesday, tomorrow, very, very quickly. So he promulgated them. He made the announcement on Saturday night after, you know, promising and getting everyone whipped up into a frenzy over the past few weeks. There was a lot of frantic lobbying around Washington, you know, Canadian and Mexican officials flying here, meeting with senior U.S.