Tim Pierce

The blanket tariff is now in place, except for Canadian energy, and this is going to have some major economic effects on North America, especially as Canada and Mexico implement their own retaliatory tariffs. Many companies have already shifted supply lines and factories to avoid the brunt of the costs. Of course, onshoring this manufacturing is one of the goals of putting these tariffs in place.

I should note that Trump also levied this morning an additional 10% tariff on Chinese goods to the United States. That falls on top of the 10% tariff Trump applied on China last month.

I should note that Trump also levied this morning an additional 10% tariff on Chinese goods to the United States. That falls on top of the 10% tariff Trump applied on China last month.

Yeah. Commerce Secretary Howard Lutnick was on Fox News over the weekend, and he said that the illegal immigration numbers are way down. But drugs are another matter. Here's Lutnick.

Yeah. Commerce Secretary Howard Lutnick was on Fox News over the weekend, and he said that the illegal immigration numbers are way down. But drugs are another matter. Here's Lutnick.

so it's not that canada and mexico won't work with the white house but the president feels like they could do more for what it's worth mexico has evidently taken some basic law enforcement steps that it's been neglecting for decades here's what mexican general hector jimenez baez told the daily caller we are working every day national guard and mexican army to stop the drugs to stop illegal immigration that try to cross

so it's not that canada and mexico won't work with the white house but the president feels like they could do more for what it's worth mexico has evidently taken some basic law enforcement steps that it's been neglecting for decades here's what mexican general hector jimenez baez told the daily caller we are working every day national guard and mexican army to stop the drugs to stop illegal immigration that try to cross

For context, the general is in his 36th year of his career with the Mexican military.

For context, the general is in his 36th year of his career with the Mexican military.

Well, we've already seen a lot of investment come into the U.S. as companies try to avoid the cost of importing. That includes companies such as Honda that now plans to build its new Civic in Indiana instead of Mexico. Trump announced on Monday that Taiwanese chip giant TSMC is also making a heavy investment in the United States. Here's that.

Well, we've already seen a lot of investment come into the U.S. as companies try to avoid the cost of importing. That includes companies such as Honda that now plans to build its new Civic in Indiana instead of Mexico. Trump announced on Monday that Taiwanese chip giant TSMC is also making a heavy investment in the United States. Here's that.

So some major investments in the U.S., but economic experts are warning about the inflationary pressure these new trade barriers could put on prices. But Trump's team is confident that their pro-growth policies will ultimately counteract those pressures. Right.

So some major investments in the U.S., but economic experts are warning about the inflationary pressure these new trade barriers could put on prices. But Trump's team is confident that their pro-growth policies will ultimately counteract those pressures. Right.

Yeah, good morning, Georgia. Let's start with what we do know. Trump wrote on Truth Social Sunday that, quote, a U.S. crypto reserve will elevate this critical industry after years of corrupt attacks by the Biden administration. He said that the reserve would include Bitcoin and other cryptocurrencies like Solana, Ether, and Cardano.

Yeah, good morning, Georgia. Let's start with what we do know. Trump wrote on Truth Social Sunday that, quote, a U.S. crypto reserve will elevate this critical industry after years of corrupt attacks by the Biden administration. He said that the reserve would include Bitcoin and other cryptocurrencies like Solana, Ether, and Cardano.

Trump says creating this reserve will ensure that the United States becomes the crypto capital of the world. At a basic level, this just means that the federal government is going to buy and hold a bunch of cryptocurrency. That's going to signal the government's support of digital currencies, and it will allow the government to release crypto to stabilize the market if need be.

Trump says creating this reserve will ensure that the United States becomes the crypto capital of the world. At a basic level, this just means that the federal government is going to buy and hold a bunch of cryptocurrency. That's going to signal the government's support of digital currencies, and it will allow the government to release crypto to stabilize the market if need be.

Crypto advocates have long been pushing for the government to do something like this in the hopes that it will bring some modicum of stability to this notoriously tumultuous market.

Crypto advocates have long been pushing for the government to do something like this in the hopes that it will bring some modicum of stability to this notoriously tumultuous market.

That's where things get a little bit unclear. Trump gave us a clue as to how this could work in July when he spoke at the Bitcoin 2024 conference in Nashville.