China has decided to retaliate in the tariff war. If there's anything these past days should have taught them, it's don't call the President's bluff, because he's not bluffing. Also in this episode: the media machine begins to crumble underneath retrospection and Tim Murtaugh joins the show to discuss. Trump Announces 90-Day ‘Pause’ On Tariffs, With A Catch https://dailycaller.com/2025/04/09/trump-sends-markets-soaring-with-big-tariff-announcement/ House GOP cancels budget vote as hard-liners agitate for more spending cuts in Trump’s ‘beautiful’ bill https://www.politico.com/news/2025/04/09/house-gop-cancels-budget-vote-00283121 ‘Do Not Respond’: Trump Press Sec Confirms They Ignore Reporters With Pronouns In Email Signatures https://dailycaller.com/2025/04/09/trump-karoline-leavitt-new-york-times-pronouns-email-signature/ Learn more about your ad choices. Visit podcastchoices.com/adchoices
Chapter 1: What recent tariff actions has President Trump announced regarding China?
Everyone just needs to settle the hell down. It's going to go great. And sure enough, it went great. A massive announcement from the president of the United States yesterday. Stock market flying up into a complete record day yesterday. And we've imposed 125% tariffs on China. Tell me exactly how this could have gone better. We'll have more on that in a moment.
Also, I've got new economic data just out this morning. Speaking of the economy and what's going to happen with spending in the United States of America, the Congress right now debating some big tax cuts and big spending cuts right now. They could be on the verge of passing one big, beautiful bill. And Tim Murtaugh, You know him from the Trump campaign. He's going to be joining us coming up.
We're going to talk to him about the president's strategy, what he sees in all of it, and also a very important story about rumble as it fights back against the Canadian government. That's right. Canada is hassling rumble, obviously, under Trump. Under Fidel Castro's son's regime, things have gotten really dicey. It's all ahead on Vince.
Before we get to all of the great content today and your conversation with me, this episode is brought to you by Ammo Squared. Do you remember the great ammo shortage of 2020? Shelves were completely bare and even online options were just wiped out. Well, there's a company in Idaho helping to make sure that that never happens again.
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Things are now roaring thanks to the president of the United States and the moves that he has taken this week. Before I dive into some of the data, some of you have been watching the Rumble stream during the radio show from 12 to three each day. And typically I have a, these days I have a special guest, my dog.
My dog Major stops by and I decided, everyone keeps saying, where's he during the podcast? Well, he's here now. Major, come here. Come here, buddy. Let me see. Let me see if I can show you Major.
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Chapter 2: How is the American economy performing under President Trump's policies?
there's can you okay let's get another camera here how about this how about this we'll get another camera for major we've got a camera i can i can pull it up right now let's see there's major major come here buddy come here there's major that's my dog and everybody has been uh talking about him in the uh the radio chat so i figured why am i keeping major from the podcast and so this is my boy he's my off-leash boy he follows me around everywhere he's my shadow
And he's a great dog. He's a great dog. Anyway, so that's me just showing off the dog. But I figured bring him to the show. And people were asking about his breed. He's a mutt. We got him as a rescue. Somebody abandoned him somewhere in central Virginia. And he walked up to a work truck. A guy was working on a radio tower. And he walked up to a work truck and he just hung out by the truck.
And so the guy's name is Larry. Larry's a great American. Larry takes Major into the truck. At the time, he had no name yet. We didn't name him until we got him. And brought him to, you know, the local officials and kind of what you have to do to see if anybody's going to claim him. Nobody did after a week. So Larry took him. And then Larry posted online that they needed a home for this guy.
And so we brought Major in. And he's been the absolute best. It's been fun. I love, honestly, love training dogs. Love training dogs. Dog training is pretty cool. I taught him how to catch Frisbees, which I didn't know that you could do. I thought you had to be one of those really smart breeds to catch Frisbees. And it turns out you can train a lot of dogs to catch Frisbees.
You just have to spin around with them. They like biting at the Frisbee. You just spin in a circle with them. And then they keep biting at the Frisbee. And then you gently start releasing them. the Frisbee each time. And then the dog gets accustomed to catching it in the air. And now I can whip that Frisbee across the yard. He'll chase it and catch it. Uh, so kind of cool.
Actually, it's really, these dogs are amazing. Uh, so there you go. That's a, that's major. He'll pop up every so often in the podcast. Um, and for those of you listening, check out the, uh, the rumble stream, if you can sometime to, uh, to check that out, that's rumble.com slash Vince. Okay. Economic data. Who's a good boy? Who's a good economy? The American economy is doing really well.
We have some breaking news this morning that the American economy has improved dramatically. Inflation is way down. Our economist here on the program is EJ Antoni, and he writes today that core inflation year over year has fallen to its lowest rate in almost four years, hitting 2.8%. That's the best number since May of 2021. May of 2021. Of course, the last time, as you see here on EJ's chart,
It was headed in an upward trajectory because you have Biden coming in January of 21, and then inflation skyrockets during that timeframe. So core inflation now is falling way down thanks to the president of the United States, his administration, and has stopped all of that out of control spending.
Remember when Biden came into office, the first thing they did was pass a $2 trillion spending package. And they said it was for so-called COVID relief, All it did was print a lot of money and make the economy so much worse. When you print money and you have too many dollars chasing too few goods, well, that's exactly how you get inflation.
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Chapter 3: What is the history and impact of trade relations with China?
Crazy. And so you're watching as a lot of that manufacturing is already starting to leave China. Just the uncertainty of the trade war is enough for these companies to say, we've got to pick up, we've got to move. So China with a losing hand here and the president fighting right now for us. So that's great.
And I said this from the get-go and I'll repeat it every time we get one of these Trump panics that are going on from what the president refers to as the panikins. Isn't it the most predictable thing ever? Isn't it the most predictable thing ever? The president does something.
The left-wing media and a bunch of weak-kneed rhinos come out and they start freaking out over what the president did, saying this is going to end in calamity. And then it ends in the best possible way. And people look back on it and they say, wow, that was actually worth it. Yesterday morning, each day, I can tell you, each day throughout all of this, I've put a little bit, no, a couple of bucks.
I put a little bit of money into the stock market each day because I said, why not? I know how this ends. I know how this ends. I know that the president is going to want to have everything firing on all cylinders by the time the midterms come around and perhaps sooner. And so yesterday morning, I bought a little of the S&P 500, just bought a little index fund. I was like, you know what?
Maybe I'll do this. And the president even said on Truth Social yesterday, he said, this is a good time to buy stocks. And so people started listening. Some people did. They started buying stocks. And by the time the president made his announcement, that was during our 12 to three Eastern National Radio Show yesterday.
He makes his announcement on Truth Social that he's suspending all of these tariffs for 90 days. And he's imposing 125% tariffs on China. Holy crap, what a day it was yesterday. And I, yeah, Patriot Dan says, I did too, invest what you can. I planted my feet. I just put a couple of bucks in the market and it paid off yesterday. So that's, again, that's because I'm not freaking out.
I'm not panicking over this. Donald Trump has been president of the United States before and has gone pretty damn well. Now he's president again and it is going pretty damn well. I'm not going to freak out here. That's crazy. So I didn't. And it paid off, luckily. So here's... as predicted. Although I do see there's some people online today accusing Trump people of insider trading.
I guess there were some people were buying call options or something on the market yesterday ahead of the president's public announcement. But even if that's the case, the president had tweeted in the morning, or sorry, posted the truth socially, a truth in the morning, that now's a good time to buy stocks.
Maybe kind of an indicator if Trump's telling people, hey, now's the right time to buy stocks. People listened yesterday. Amazing. All right. Let's see. I've got the president talking about China. This is what I want you to hear.
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Chapter 4: What are the potential consequences of China's retaliation in the tariff war?
Here is Senator John Kennedy delivering the message in only the way that he can.
90-day pause except China.
I don't consider it to be a pause. I consider it to be a declaration of victory. Putting the China aside for a second, you have to treat China differently from everybody else. No person with an IQ that's greater than his age or her age can think that half of the world's countries
would have come to the American people and say, we want to lower our trade barriers had President Trump not done what he did.
Right.
Now, that's just a fact. Trump haters will not like that. Trump lovers will love it. But that's just a natural fact.
Yeah. So he says, this isn't a pause. It's a declaration of victory. Truth is, it is a pause. It is a pause. So those countries continue to remain on notice. But Senator Kennedy is right that this is a big deal that the president could only achieve through a muscular start to this negotiation by coming out and just throwing it all on the table. This is the pain that you're going to suffer.
Bam, throwing the binder down and having everybody stare at him from across the table and go, whoa, whoa, whoa, wait a second. That's where you're starting. We want to make a deal. Let's make a deal. We don't want any heat. We don't want any of that. Let's get away from that. That doesn't happen if President Trump just starts limping into the negotiation. It just comes in.
He says, look, I want you to make a deal. We'd hate for anything to get worse for you. We'd hate to eventually impose tariffs on you. Instead, he starts right away with we're putting massive tariffs on your country. What do you have to say about this?
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Chapter 5: How did the stock market respond to President Trump's tariff announcement?
They would do well to learn some lessons from how the president just handled all of that. All right, coming up more in a moment. I've got more reactions to all of this, including from the top officials in the Trump administration. And we'll be speaking with Tim Murtaugh coming up in a moment. He's seen the president up close.
He knows how he operates and he'll give us his thoughts on the president's negotiating tactics here. You know, you've seen it before when disaster strikes, grocery store shelves can go completely empty overnight. The worst time to prepare is during the aftermath. By then, it might already be too late. Smart Americans trust My Patriot Supply to help them prepare before crisis comes.
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Once again, that's preparewithvince.com to claim your kit, plus an extra 12 days of food for free. Preparewithvince.com. All right. We've we do have one thing I want to share with you is that China has been making all sorts of attempts to to stop all of this. They're like, please, please don't do this to us. We're going to keep fighting back against you.
And one of the ways I told you yesterday that China is threatening here.
uh to um to retaliate is to block hollywood movies from appearing in china i won't go back and listen to yesterday's podcast if you want more detail on that but at its core i hope china blocks hollywood movies from appearing in china it'd be good for us it means that china does less sucking excuse me hollywood does less sucking up to china less censoring of american movies in order to fit the chinese demands i'd be very in favor of that
But here's one that I didn't dwell on yesterday, but I need you to dwell on in part. Take a look at this. China is floating the possibility of killing more Americans in response to these tariffs. And what does that mean? Well, China right now is the source of fentanyl, is the source of fentanyl worldwide, and especially in the United States.
All of those ingredients, all the fentanyl stuff comes from China. And two of the bloggers who are linked to the Chinese government, who came out with this list of retaliatory ideas, meaning they did this at the behest of the commies, of the chi comms who run the country. They suggested that they would stop collaborating on fentanyl. They would suspend cooperation on fentanyl.
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Chapter 6: What are the perspectives of U.S. Senators on the tariff policies?
This decision was driven by the bond market cratering overnight. What is happening? China selling their bonds?
I have nothing to say to that. And we actually had quite a good 10-year auction today. And all this was, again, this was driven by the president's strategy. He and I had a long talk on Sunday, and this was his strategy all along. And you might even say that he goaded China into a bad position, they responded. They have shown themselves to the world to be the bad actors.
And we are willing to cooperate with our allies and with our trading partners who did not retaliate. It wasn't a hard message. Don't retaliate. Things will turn out well.
Don't retaliate. Things will turn out well. That was the message. China retaliated. Things turned out poorly. Everybody else is now working with the United States, which is a very big deal. And think about what this means for alliances. That means that we'll have more countries who are dedicated to their business relationships with the United States than with China.
China's sphere of influence drops as a result of all of this. Ours grows exponentially. And you cannot underestimate the value of those 10% tariffs. 10% tariffs on the rest of the planet, that's a lot of money flowing into the United States Treasury, and yet the market's loving it yesterday, an improvement over what they thought was coming. All right, in just a moment, we'll bring our guest in.
We'll talk to Tim Murtaugh about what he thinks that all was and what he makes of the president's psychology here, how he handles these deals. But first, I want to thank our sponsors for keeping all of this free for us. Thank you for that. Are you a yo-yo dieter? Do you diet? Do you lose weight, but then you gain it all back plus a few extra pounds? This is dangerous.
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Chapter 7: Who is Tim Murtaugh and what insights does he provide on President Trump's strategy?
Major.
There he is. Good boy.
He's hanging out with us today. All right. That's enough for the major break for now. I'll just be lying there. All right. Let's see. Let's bring in another great guy. Tim Murtaugh is standing by. Tim Murtaugh was at one time the communications director for the Trump campaign and is with us now. Tim, good to see you again, sir.
See you, Vince. And congrats to you being able to work there with Major. That's fantastic. I feel like I'm, you know, second fiddle there to Major, of course.
Right. Yeah.
Yeah. And congrats on all your success.
Thank you very much. And I some some of the people who follow a lot of these politics will realize. And this was just a mistake on my part. I had no idea. I forgot about it. But Major is also the name of Joe Biden's out of control dog. Oh, yeah. Yeah. Major. That's the dog. I think one of the dogs major and commander. These dogs were biting all the Secret Service agents.
So I guess what I've proved is it is possible to raise a dog named Major without it being a psychopath.
Yeah, well, I think, as I recall, Major Biden was uninvited from living at the White House. Isn't that isn't that accurate? I think that's right. They deported him. It's the only deportation they ever did. The only one, the only deportation that Biden managed was his maniac dog. That's right.
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