President Trump amends tariffs as more companies invest in the U.S., the administration revives nuclear talks with Iran, and will Trump’s “big beautiful bill” affect your taxes? Get the facts first with Morning Wire.Balance of Nature: Go to https://balanceofnature.com and use promo code WIRE for 35% off your first order as a preferred customer PLUS get a free bottle of Fiber and Spice.Shopify: Go to https://Shopify.com/morningwire to sign up for your $1 per month trial period and upgrade your selling today.
Chapter 1: What recent changes has President Trump made to tariffs and how is Nvidia responding?
Chapter 2: How is the U.S. stock market reacting to the trade policies and tariff updates?
How's the stock market reacting to talk of more trade deals?
I'm Georgia Howe with Daily Wire Editor-in-Chief John Bickley. It's Tuesday, April 15th, and this is Morning Wire. The Trump administration continues to push for a nuclear deal with Iran after holding the first direct talks with the country in years.
I think they're tapping us along because they were so used to dealing with stupid people in this country.
And it's April 15th, the dreaded tax day. How would the big, beautiful bill affect taxes going forward?
Virtually every American family would benefit if the $4 trillion-plus tax increase is prevented.
Thanks for waking up with Morning Wire. Stay tuned. We have the news you need to know.
Hey, guys. Producer Brandon here. Balance of Nature Fruits and Veggies provide a convenient way to get your daily whole fruits and vegetables. Using a special freeze-drying process, they transform fresh produce into easy-to-take capsules that you can bring anywhere. While not replacing a healthy diet, Balance of Nature works alongside your other healthy habits to support your wellness journey.
I take these capsules whenever I'm traveling to ensure I get my daily fruits and veggies. Head to balanceofnature.com and use promo code WIRE for 35% off your first order as a preferred customer, plus get a free bottle of fiber and spice. That's balanceofnature.com, promo code WIRE.
President Trump announced new tariffs Monday as tech giant Nvidia announced a historic investment in American chip manufacturing.
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Chapter 3: What was discussed during the White House meeting with El Salvador's President Nayib Bukele?
Immigration activists say Garcia was wrongfully removed, despite the fact that a federal court had ordered him deported back in 2019. But the Supreme Court this month agreed, ruling that the U.S. must, quote, facilitate his return, but only if El Salvador wishes to send him back. And Bukele made clear that he has no intention of doing so.
Quite the partnership on display there. Kevin, thanks for reporting. Absolutely.
Thank you. Thank you. Sign up for your $1 per month trial period and start selling today at Shopify.com slash MorningWire. Go to Shopify.com slash MorningWire. Again, that's Shopify.com slash MorningWire.
The Trump administration had its first direct contact with Iran last weekend, the first step in an attempt to hammer out a new nuclear deal. President Trump is pushing for a full dismantling of its nuclear program.
Joining us to discuss the closely watched Iran talks is Ellie Kohanim, Independent Women's Forum senior fellow and former deputy envoy to combat anti-Semitism under President Trump. Ellie, thank you so much for joining us.
Thank you for having me, John.
So let's talk about this first direct contact we've had with the Trump administration and Iran. They had their first preliminary negotiation on Saturday. What do we know about that meeting?
First of all, both sides have said it was a positive meeting. They've both used very positive language to describe what took place. And there was some reporting indicating that Steve Witkoff, the United States special envoy, and the Iranian foreign minister had a handshake together at the end.
But interestingly, Axios is reporting that, in fact, there was a 45 minute face to face conversation that took place. So that's an interesting development. Certainly face to face in a complex negotiation like this is better. I think it helps to make sure that there is less room to cause confusion and also to drag out negotiations, which is what the Iranians are famous for doing.
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Chapter 4: What are the details and significance of the revived nuclear talks with Iran?
And some of the reporting that came out of Iran was that the supreme leader, Ayatollah Ali Khamenei, apparently had to be convinced to even participate in talks with the United States. His advisors apparently let him know that they were advising him to participate in these talks because otherwise it looked like there was a very high likelihood that Israel and the United States would
would strike Iran. But right now, as you and I are speaking, John, there is a consensus that the Islamic Republic of Iran's regime is finding itself at its most vulnerable probably since its inception in 1979. And the reason why is that Iranian proxies have more or less been taken off the table, right? They've been eliminated.
Chapter 5: Who is Ellie Kohanim and what insights does she provide on the Iran nuclear negotiations?
Chapter 6: How would President Trump’s 'big beautiful bill' impact American taxes?
And it's April 15th, the dreaded tax day. How would the big, beautiful bill affect taxes going forward?
Virtually every American family would benefit if the $4 trillion-plus tax increase is prevented.
Thanks for waking up with Morning Wire. Stay tuned. We have the news you need to know.
Hey, guys. Producer Brandon here. Balance of Nature Fruits and Veggies provide a convenient way to get your daily whole fruits and vegetables. Using a special freeze-drying process, they transform fresh produce into easy-to-take capsules that you can bring anywhere. While not replacing a healthy diet, Balance of Nature works alongside your other healthy habits to support your wellness journey.
I take these capsules whenever I'm traveling to ensure I get my daily fruits and veggies. Head to balanceofnature.com and use promo code WIRE for 35% off your first order as a preferred customer, plus get a free bottle of fiber and spice. That's balanceofnature.com, promo code WIRE.
President Trump announced new tariffs Monday as tech giant Nvidia announced a historic investment in American chip manufacturing.
Daily Wire senior editor Cabot Phillips is here with more on the trade war and a closely watched visit from a new American ally. Hey, Cabot. So the president shaking things up once again yesterday with new tariff announcements. First, what did we learn there?
Yeah, as we discussed yesterday, the White House said they plan to offer tariff exemptions for certain tech imports like laptops and smartphones. That was music to the ears of tech companies. But by Monday, the president announced that one crucial product, semiconductor chips, would not be exempt and would instead be subject to their own tariffs.
We're still waiting to hear what sort of rate they'll face, but it is a big move. The U.S. imported nearly $850 billion worth of semiconductors last year alone.
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Chapter 7: What investment is Nvidia making in American manufacturing and why is it important?
So some potentially big short-term effects there. But long-term, that reliance on foreign ships could be changing. That's following some big news yesterday, correct?
Exactly. In a major win for the White House, tech giant NVIDIA announced a half-trillion-dollar investment in American manufacturing. Over the next four years, they'll set up shop in Arizona and Texas. They've commissioned more than a million square feet of manufacturing space there.
When production is complete, NVIDIA says they'll be able to construct supercomputers entirely here in the US, a feat that has never been accomplished. The company's CEO said the investment will, quote, "...strengthen our supply chain and boost our resiliency." For their part, the White House called the announcement, quote, the Trump effect in action.
They say the best way to avoid tariffs is by making things here in America. Here's President Trump at the White House yesterday speaking to that point.
NVIDIA, as you know, controls that almost the entire sector, which is one of the most important sectors in the world. And the reason they did it is because of the election on November 5th and because of a thing called tariffs.
And on the economic front, Trump also got some good news yesterday from the Federal Reserve. They found that Americans do believe inflation will rise in the coming months, but that they expect it to be a short-term disruption. And that's important because consumer expectations on inflation can often become self-fulfilling as it changes what folks are willing to pay for certain products.
Markets were seemingly pleased with Monday's news as the Dow, S&P, and Nasdaq each saw gains across the board.
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Chapter 8: What are the consumer inflation expectations and how do they affect the economy?
Now, switching gears, the president hosted El Salvador's President Nayib Bukele yesterday at the White House. What came out of their meeting?
Well, the bulk of it focused on immigration. Remember, El Salvador has agreed to take in thousands of criminal aliens deported by the U.S., During the event, reporters repeatedly brought up the case of Kilmar Abrego Garcia, an illegal immigrant and suspected MS-13 gang member from El Salvador who's been deported by Trump to one of Bukele's prisons.
Immigration activists say Garcia was wrongfully removed, despite the fact that a federal court had ordered him deported back in 2019. But the Supreme Court this month agreed, ruling that the U.S. must, quote, facilitate his return, but only if El Salvador wishes to send him back. And Bukele made clear that he has no intention of doing so.
Quite the partnership on display there. Kevin, thanks for reporting. Absolutely.
Thank you. Thank you. Sign up for your $1 per month trial period and start selling today at Shopify.com slash MorningWire. Go to Shopify.com slash MorningWire. Again, that's Shopify.com slash MorningWire.
The Trump administration had its first direct contact with Iran last weekend, the first step in an attempt to hammer out a new nuclear deal. President Trump is pushing for a full dismantling of its nuclear program.
Joining us to discuss the closely watched Iran talks is Ellie Kohanim, Independent Women's Forum senior fellow and former deputy envoy to combat anti-Semitism under President Trump. Ellie, thank you so much for joining us.
Thank you for having me, John.
So let's talk about this first direct contact we've had with the Trump administration and Iran. They had their first preliminary negotiation on Saturday. What do we know about that meeting?
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