Donald Trump threatens Mexico, Canada and China with tariffs, Texas beefs up border security and the fate of Minnesota turkey farms. Get the facts first with Morning Wire.Black Rifle Coffee Company: Drink America's coffee at https://www.blackriflecoffee.comLumen: Get 15% off your Lumen at https://lumen.me/Wire
Chapter 1: What tariffs is Trump threatening Canada and Mexico with?
Trump threatens Canada and Mexico with hefty tariffs unless they help stop the flow of illegal drugs and migrants into the U.S. This is a relationship that we know takes a certain amount of working on, and that's what we'll do. I'm Daily Wire Editor-in-Chief John Bickley with Georgia Howe. It's Wednesday, November 27th, and this is Morning Wire.
Texas is beefing up border security and working side by side with Trump's incoming border czar.
It's reassuring to knowing that we have strong leadership now moving forward. And as Governor Abbott mentioned, now we have an ally as opposed to having an adversary with the federal government.
And Minnesota is the Thanksgiving turkey capital of the U.S. But regulation is threatening the farmers and the industry.
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Chapter 2: How is Texas responding to border security challenges?
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This week, President-elect Donald Trump announced that he will implement steep new tariffs on goods coming in from Mexico and Canada.
Here to break down what's behind the new policy and the impact it'll have is Daily Wire's senior editor, Cabot Phillips. Hey, Cabot, so a major announcement here. What can you tell us?
Chapter 3: What impact will Trump's tariffs have on the economy?
Well, candidate Donald Trump campaigned on a promise to implement wide-scale tariffs, and now President-elect Trump is following through in a big way. This week, he posted on his Truth Social app that on day one of his second term, he will order a 25% tariff on all goods coming into America from Mexico and Canada, as well as a 10% tariff on Chinese goods.
That's in addition to those already in place. Now, typically tariffs must be approved by Congress, but the president can unilaterally impose them in certain instances, including those involving national security. And that is likely the route he'll go. Yeah, tell us about his reasoning there.
So according to Trump, these tariffs are meant to force Canada and Mexico to prevent the flow of illegal immigrants and drugs through their countries into ours. Remember, the Mexican government in particular has really actively helped facilitate the flow of Central and South American migrants to America, going as far as offering bus rides from their own border in the South to the U.S.
border in the North. Those trips even include free meals and security along the way. In Trump's words, quote, We hereby demand that they use this power, and until such time that they do, it is time for them to pay a very big price. So the tariffs can be removed if the two countries crack down on drugs and illegal immigrants, but they'll pay a heavy price until then.
To that point, the Canadian dollar and Mexican peso already tumbled when markets opened yesterday morning.
All right, so an immediate impact on the markets already. How have the two countries responded?
Well, the announcement drew a mixed response in Canada. Some leaders there expressed immediate outrage, vowing to respond with tariffs of their own and bristling at the accusation that they were facilitating illegal immigration.
Premier Doug Ford of Ontario, for example, said, quote, "...to compare us to Mexico is the most insulting thing I've ever heard from our friends and closest allies, the United States." But others there have taken a slightly more deferential approach.
Canada's Deputy Prime Minister and Public Safety Minister released a joint statement this week saying border security is their top priority and stressing that they would work with the U.S. to, quote, disrupt the scourge of fentanyl coming from China. And then Prime Minister Justin Trudeau expressed optimism after a call with President Trump.
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Chapter 4: How are Canada and Mexico reacting to Trump's tariffs?
I had a good call with Donald Trump last night again. We talked about some of the challenges that we can work on together. It was a good call. This is something that we can do.
For their part, Mexico has taken a much more combative approach. The country's new far-left president, Claudia Scheinbaum, essentially blamed America for the border crisis, saying drugs were a, quote, problem of public health and consumption in America's society. She added that while she is open to negotiations with Trump, Mexico is ready to implement tariffs of their own in response.
Now, obviously, the U.S. is in a much stronger position to negotiate, but things could get messy with our neighbors to the south. Trump, however, says he will do whatever it takes to force them to crack down on the border crisis.
So coming back stateside, what sort of political reaction have we seen to this announcement?
Well, it's interesting. In recent decades, Democrats have been more pro-tariff and Republicans were the ones against them. But in the age of Trump, we have seen a flip. Most Democrats have come out in opposition to Trump's plan, saying it will result in higher prices on everything from produce to aluminum and steel.
Their basic argument is that tariffs are a tax ultimately paid for by American consumers. Now, for their part, Republicans say tariffs are not ideal, but are a necessary and useful tool to incentivize our allies and adversaries alike to take action, in this case on illegal immigration.
They say free trade is ideal, but leaves America out to dry when other countries are acting in bad faith or manipulating the market. Remember, Trump has long argued that America is too reliant on foreign goods. and that cheap imports have hollowed out American manufacturing, leaving us vulnerable to the whims of countries like China and Mexico.
Now we'll have to wait and see exactly what sort of impact these tariffs have and how long they'll remain in place. We'll know very shortly. Trump takes office in just 53 days.
All right, well, Trump already hitting the ground running here even before retaking office. Kevin, thanks for reporting.
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Chapter 5: What are the political implications of Trump's tariff announcement?
Chapter 6: What are the latest updates on Minnesota turkey farms?
And Minnesota is the Thanksgiving turkey capital of the U.S. But regulation is threatening the farmers and the industry.
Thanks for waking up with Morning Wire. Stay tuned. We have the news you need to know.
Hey guys, producer Brandon here. Black Rifle Coffee helps you wake up each morning feeling dialed in and ready to make the most of your day. And now's your chance to get 20% off your purchase using code dailywire at blackriflecoffee.com. All of their explosive coffees are roasted right here in the USA by a veteran-led team of expert roasters. obsessed with crafting the perfect cup of coffee.
Every Black Rifle purchase gives back to those who serve our nation. Your support makes it possible for Black Rifle Coffee Company to help provide funding, training, and equipment to our nation's military and first responders. Head to their site now for 20% off your purchase with code Daily Wire.
This week, President-elect Donald Trump announced that he will implement steep new tariffs on goods coming in from Mexico and Canada.
Here to break down what's behind the new policy and the impact it'll have is Daily Wire's senior editor, Cabot Phillips. Hey, Cabot, so a major announcement here. What can you tell us?
Well, candidate Donald Trump campaigned on a promise to implement wide-scale tariffs, and now President-elect Trump is following through in a big way. This week, he posted on his Truth Social app that on day one of his second term, he will order a 25% tariff on all goods coming into America from Mexico and Canada, as well as a 10% tariff on Chinese goods.
That's in addition to those already in place. Now, typically tariffs must be approved by Congress, but the president can unilaterally impose them in certain instances, including those involving national security. And that is likely the route he'll go. Yeah, tell us about his reasoning there.
So according to Trump, these tariffs are meant to force Canada and Mexico to prevent the flow of illegal immigrants and drugs through their countries into ours. Remember, the Mexican government in particular has really actively helped facilitate the flow of Central and South American migrants to America, going as far as offering bus rides from their own border in the South to the U.S.
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Sign in to access all 65 segments of this chapter and more.
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