Trump is now threatening to impose tariffs on $2 Trillion worth of goods from Mexico and Canada, and China is our third biggest trading partner, and that could be subject to another 10% of our exports could be hit with another $300 billion worth of tariffs.
00:00:22.340I think it's really worth highlighting here just how we are not talking about a repeat of Trump's first-term tariffs.
00:00:33.060In his first term, Trump definitely expanded the remit of U.S. tariffs, targeting, for instance, Chinese steel and other Chinese products,
00:00:40.900imposing about tariffs on around $300, $350 billion worth of Chinese tariffs.
00:00:45.920That is peanuts compared to the disruption that Trump is promising now.
00:00:50.220Maybe he'll still pull back from the brink.
00:00:52.280We'll have to see what he does, obviously.
00:00:54.300But he's now talking about tariffs on close to $2 trillion worth of goods just from Mexico and Canada.
00:01:02.740And China is our third biggest trading partner, and that could be subject to another 10%, as you mentioned.
00:01:07.860So really worth getting in people's heads that this is really not a similar thing that Trump did last time.
00:01:14.680It's a category different to say, I'm not going to just target these sectors that we want to bring back U.S. production of,
00:01:22.120but I'm going to target everything that these countries ship to the U.S., including, as that opening segment alluded to,
00:01:28.320things like avocados that we import from Mexico but don't really have the capacity to make here in terms of what domestic consumers want.
00:01:35.760So this is a really big threat to the economy.
00:01:38.140It is something that economists thought that maybe Trump was bluffing in the campaign show or hoped that he was bluffing on during the campaign trail.
00:01:46.880But he's making clear that, at a minimum, he's going to walk up to the ledge, and a lot of people are going to be in the crosshairs.
00:01:52.900Mexico and Canada are two of the biggest exporters of fresh fruit and vegetables to the United States.
00:01:58.200In 2022, Mexico supplied 51% of fresh fruit and 69% of fresh vegetables imported into the U.S.,
00:02:07.140while Canada supplied 2% of fresh fruit and 20% of fresh vegetables.
00:02:59.120Who am I to say that that would make American grocery prices skyrocket?
00:03:03.180Luckily for me, Reuters talked to a food economics and policy professor who told Reuters that mass removal of farm workers would shock the food supply chain and drive consumer grocery prices higher.
00:03:16.660However, it's not just grocery bills that will feel the impact of Trump's agenda here.
00:03:23.960Not only does the U.S. get the majority of its imported lumber from Canada, which Trump's tariffs would make 25% more expensive,
00:03:31.100but Trump wants to deport the labor force that builds a gigantic portion of America's housing.
00:03:38.100This weekend, Texas's construction industry sounded the alarm about just how devastating Trump's promised deportations would be for the industry's capacity to build.
00:03:48.380The CEO of the construction giant, Merrick, told NPR, it would devastate our industry.
00:04:03.000Tariffs on their own could devastate our economy.
00:04:06.680Mass deportation on its own could devastate our economy.
00:04:10.880And Donald Trump says he wants to do both on day one.
00:04:14.740This through necessarily went on the deportation side.
00:04:17.680And it's anywhere from 11 to 20 million individuals, as has been targeted by President Trump and some of his potential cabinet picks or deputy chiefs of staff.
00:04:28.000The industries that will be affected, so agricultural, hospitality, health care, housing construction.
00:04:35.000When you have a labor shortage then in multiple industries, it's not just that the price goes up.
00:04:40.360Things don't get done that everybody seems to rely on.
00:04:43.440There are 33 million non-native workers in the U.S. labor force of 168 million.
00:04:49.300Eight million of those are undocumented.
00:04:51.760So if they're going to round them all up, we're going to be doing a lot of things on our own that we didn't do on our own in the past.
00:04:57.680Yeah, and firing 50,000 federal workers is not going to put those people in the field.
00:05:02.620China is at the forefront of this fentanyl thing.
00:05:05.600And I think the real tariff war is not going to be on Mexico or Canada.
00:05:09.480It's focused on a cheater, a liar, a stealer since 1999 when they came into the WTO.
00:05:16.000This is a country, not the people, but the leadership, that just doesn't want to play by the rules.
00:05:22.080And I live it in my businesses every day.
00:05:24.360I would like to go to DEFCON 1 with China, tariffs 400 percent, I brought it up, bring the supreme leader to Washington, or crush his economy until he has riots in the streets for food.
00:05:36.240We've had strategies to deal with China.
00:05:55.160What you have to do is target parts of their economy where there's a lot of workers.
00:05:59.160Just for an example, let's say yoga mats.
00:06:01.160Let's say we import a million yoga mats a month.
00:06:03.160All the yoga mat factories, 400 percent tariffs on yoga mats, they all get unemployed, they go to the streets, they scream at supreme leader, I'm starving, riots.
00:06:12.360That's when he wakes up and says, wow, I can't just say my supreme leader.
00:08:05.020But for the first time since President Trump came down the escalator in June 17th or June 15th of, I think the 17th of 2015, it wasn't just unchained hatred.
00:08:21.980It was actually a quite sophisticated, although they're totally wrong.
00:08:26.260I'm going to get to that in a second of how we got them jammed up.
00:08:30.340But for 30 minutes, whole segments talking about economics, tariffs, global economy.
00:08:39.420Where do we get from our trading partners in Mexico?
00:08:43.320What do we get from our trading partners in Canada?
00:08:44.860What do we get from the China and the Chinese Communist Party?
00:08:48.060O'Leary giving – Kevin O'Leary giving one of the most succinct and smart analysis of the Chinese Communist Party, the fascist economy built on the slave labor of Lao Baixing.
00:08:59.500Last night, by the way, for the new federal state, I talked to thousands of people in one of these Zoom calls to talk about going forward and everything we're working on.
00:09:09.700And the Lao Baixing is more dedicated than ever because they understand that the shaky – the question of legitimacy and illegitimacy, the Chinese Communist Party, the talk about the $1 trillion that she's had to infuse into the local economy.
00:09:25.660Everybody understands that China is right on the edge.
00:09:29.620This is why President Trump, they can't take a 25 percent tariff.
00:09:33.940The tariff discussion is getting back now to actual thing called policy, not just raw hatred, policy, in a sophisticated analysis.
00:09:45.740For every show, Chris Hayes, Joy Ann Reid, Lawrence O'Donnell, and particularly Stephanie Ruhl in her show last night,
00:10:35.340Stein at the Washington Post brings it up.
00:10:37.220His 25 percent tariffs on Mexico, the 25 percent tariffs on Canada, the 25 percent tariffs on China are blanket tariffs on our three largest trading partners.
00:11:16.880What's the one thing they keep talking about?
00:11:19.420Chris Hayes and Alex Wagner, two of the smartest.
00:11:22.880Oh, we're in the unenviable position of having to defend a system that's not working for the American people.
00:11:30.300We're having to defend institutions that need reform.
00:11:34.860Last night, MSNBC, when you see this, MSNBC and CNN, they took the Wall Street Party line because they added the deportations.
00:11:44.040And you're hearing the Wall Street Party line.
00:11:47.600This is why they initiated and exacerbated an invasion of the southern border was to break, to break the African-American and the Hispanic working class.
00:11:58.440Powell and Yellen were up front, and they just reiterated and doubled down on MSNBC and CNN.
00:12:06.300Hey, you can't deport anybody because your wage is going up.
00:12:09.680Now they're all worried about inflation.
00:12:11.380They're worried about inflation from tariffs, and they're worried about inflation.
00:12:13.820If you deport people, it's going to be inflationary.
00:12:19.800That means wages of citizens of this republic, and particularly low-skilled citizens of this republic, their wages will go up.
00:12:30.860They have backed themselves, and this is because their producers are so lazy and so stupid that they've taken the Wall Street line.
00:12:39.020They're now defenders of an institution you cannot possibly defend because Wall Street's not about the smart allocation of capital at the lowest possible price.
00:12:53.920This is late-stage finance capitalism.
00:13:21.400And now they're all panicked that your church, your school, your construction workers, the people picking the vegetables, all of it's going to rise.
00:13:30.260They never talk about the reverse, that you actually have increased wages for American citizens.
00:14:05.080They're just nothing but stooges, stooges for their advertisers and their corporatist bosses.
00:14:11.740On a couple of days before Thanksgiving, a major, major, major sea change around tariffs, around protectionism, around bringing back high-value-added jobs to the United States of America.
00:16:21.820I think we need to be watching for something that they call autocratic breakthrough.
00:16:26.000Autocratic breakthrough is when the party in power uses the power they do have in government to make sure they can never be dislodged from government.
00:16:38.240You've already seen in the House of Representatives, now that Mike Johnson is back in as Republican House Speaker, they changed the rules in the House to make it much harder to remove him as Speaker.
00:16:54.280You're not going to be able to get us out.
00:16:56.240You've seen Trump, quote, joking, end quote, about expecting to stay in office for a third term once the second term is up.
00:17:05.240And that's, of course, against the Constitution, but he keeps repeatedly bringing up, bringing it up, that that's his expectation.
00:17:13.380Trump advisor, his one-time campaign manager, Steve Bannon, saying things in public about how they're going to be ruling for 50 years.
00:17:21.160There won't be any way to dislodge them from power.
00:17:25.700Autocratic breakthrough is when they use the powers they've achieved through winning elections to cement themselves in power so they can't be removed by future elections or by other democratic means.
00:17:36.480So we are watching the efforts to consolidate power.
00:17:40.360We are watching for signs of autocratic breakthrough, trying to entrench themselves in power so they can't be removed.
00:18:14.560I mean, he used to talk about the swamp and like many things, the swamp is usually what he wanted as long as it was for him and anything that benefited him.
00:18:24.000I mean, being able to interrupt the Department of Justice's going after antitrust, being able to interrupt the Department of Justice going after anyone who is a friend of his, anything that carries favor.
00:18:46.520And do you think we expect to see any hemming and hawing from members of the legislative branch on this one?
00:18:52.180Well, this is from Project 2025, right?
00:18:56.540And this this talks, you know, you'll notice that, you know, who is heading Trump wants to head the OMB, the Office of Management and Budget, Ross Vogt.
00:19:06.660And Ross Vogt has is one of the authors of Project 2025.
00:19:12.180He likely will sail through Senate confirmation because he's been in this department before and he compared to a lot of the other cabinet members.
00:19:21.680He he has a much more genteel profile.
00:19:25.280But his ultimate, you know, he's written a lot about this and he's talked about it, you know, not funding the federal government, taking away the power of the purse from Congress and giving the president that power.
00:19:36.740And I think that that, you know, is part of Doge.
00:19:40.520But, you know, again, with these people from, you know, these Project 2025 people like Ross, this guy is is pretty smart and he's very ideological.
00:19:49.020Right. He's been writing about this for a long time.
00:19:51.360You know, I read a quote he had today that about how, you know, the only way to honor the Constitution is to sort of work around it.
00:19:59.660I mean, you know, this is a real ideological thing that's really explained in Project 2025 and talks about, you know, this fundamentally is about dismantling the administrative state.
00:20:11.560And this is, you know, quite worrying.
00:20:14.540If it works, it will really strip a lot of power from Congress and it will also reshape the way the federal government spends money.
00:20:24.000OK, so this is the other line of work.
00:20:26.380And this is the deconstruction of the administrative state.
00:20:28.440Remember, this is the fourth branch of government that the framers and the founders never intended to happen.
00:20:35.800Right. It is a and it's got the rogue element, the deep state as part of it.
00:20:39.940It's full on right now because Russ vote is the centerpiece.
00:20:44.700As we've talked about, you have three elements of this that are all going to converge.
00:20:48.360You have the executive branch, and that's OMB.
00:20:55.780And remember, the guys at Doge, Vivek and Elon, their contract is their advisors and consultants to wait for it, OMB.
00:21:04.900OMB is 600 to 1,000 people on the White House campus over in EOB that manage every program.
00:21:13.420When we talk about deconstructing the administrative state and actually get from a financial point of view, getting the the the cost down,
00:21:24.900getting the six and a half or seven trillion dollars down to four and a half or five trillion dollars,
00:21:29.360but also just to get it out of your life, get back to limited government, the blessings of liberty with doing this.
00:21:35.720You have to do it programmatically. Don't talk about it's not just firing individual bureaucrats who happen to be bad actors.
00:21:43.840Obviously, that has to happen. It's also not about deregulation. Forget deregulation.
00:21:48.500That is a term and a concept from the Reagan era.
00:21:52.140This is about a massive taking apart brick by brick those elements of the government of the administrative state.
00:22:00.280That is too much in your life and getting back to a limited government.
00:22:05.340Conservatives have talked about this for years and they've never done anything about it.
00:22:09.020And most of the people that are the theoreticians and the smartest guys in the room, i.e. Russ vote,
00:22:17.120were movement conservatives that are now populist and economic nationalist.
00:23:23.260On the 20th when we run out of money, just kick it, do a CR and kick it 90 days into Trump's term.
00:23:30.060So President Trump, Russ vote, Scott Besant are actually in his cabinet are actually doing the budget with people on Capitol Hill in the appropriations process.
00:23:39.760In the appropriations process, this is where Vivek, this is where Elon, this is working with vote, this is, hey, these are the things I don't think we need to fund.
00:23:49.640We don't need to pass, and we shouldn't pass a bill with six, six and a half trillion of spending than just to go back over the year and have the Doge guys take it out.
00:24:03.660We have an opportunity to do this all in the first hundred days.
00:24:07.580And Vivek and Elon have teams up there, and this is what I said, I think the interview was in Puck last night with the great Peter Hamby, one of the last what we call boys on the bus, the old-fashioned kind of journalists that really do the old-fashioned journalism.
00:24:22.200I told him one of the things that has impressed me with Elon, and look, we have huge ideological differences, including about the Chinese Communist Party.
00:24:32.440I said, what's fascinating to me is that he put money up for the least glamorous part of the victory.
00:24:38.160And I said, hey, if it was without Elon and Charlie Kirk and Miriam Adelson putting that money in, and you, this audience, or the hoplites for the get-out-the-vote, the going door-to-door, the canvassing that got the low-propensity voters to the polls, we wouldn't have had the massive victory.
00:25:03.460And not just that, you're going to get amazing blowback.
00:25:06.340You see what they're blowing back on terrorists right now?
00:25:09.260They're taking the Wall Street line, but last night, and I appreciate it, you had 20 or 30 minutes of every one of these shows talking about terrorists, but, you know, the hair's still on fire about Trump.
00:25:18.380You wait till you start taking apart the government and we start doing less.
00:25:26.500The three lines of work right now are just like I gave the speech at CPAC back in 17.
00:25:33.060It is the national security aspect of it.
00:25:36.340With Biden trying to see, you know, the national security aspect, and particularly not so much the Middle East, that's big, but in Ukraine, with the New York Times reporting, the New York Times, not Breitbart, not Gateway Pundit, not Revolver, but the New York Times, our beloved paper of record,
00:25:52.540they're reporting that American officials and NATO officials and NATO officials and the elites of Europe, along with Zelensky and the Ukrainians, are talking about forward deploying, the potential for deploying tactical nuclear weapons in Ukraine.
00:26:07.920If you want to have metastasized in the beginning of World War III, as the former chief of staff of Ukraine is saying, I think that might be a way to do it.
00:26:18.040That might be the Cuban missile crisis on testosterone.
00:28:09.720High noon on the 20th of January in the year of our Lord, 2025.
00:28:14.280Carrie Lake joins us next in the war room.
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00:30:13.040We've got to get back to the four and a half or five trillion dollars we spent pre-pandemic, not the six, six and a half, seven that Biden wants to spend.
00:30:22.080That's the two trillion dollar, that's the two trillion dollar deficit that gets added to the face amount of the debt.
00:31:39.720He truly wants to get things back to where they should be, what our, what our government should look like, not this out of control bureaucracy that's costing us and bankrupting, bankrupting our country.
00:31:51.460I can't think of a better fit than him.
00:31:53.900And I've thought all of the picks were good.
00:31:55.980I mean, I was actually excited about Matt Gaetz.
00:31:58.020I think Pam Bondi is going to be great.
00:31:59.680So we've got incredible picks, you know, not every, everyone.
00:32:04.040What's interesting, though, is that how the American people are watching this.
00:34:54.020But the deportations should focus on everybody that came here starting at one minute afternoon on the 20th of January 2021,
00:35:04.060when Biden took out 80 executive orders to get rid of everything Trump had done to secure the border,
00:35:11.320everything Trump had done on immigration, and he basically initiated and then exacerbated the invasion from that date until high noon on the 25th.
00:35:21.380I believe, if you look at the math of Todd Benson's, that's somewhere around roughly 10 million people.
00:35:26.800OK, that is a massive amount that you have to deport.
00:45:46.380We broke off because the revolutionary generation and our framers and founders of the nation didn't want to be even on the ground floor of a vast empire
00:45:56.940because they said it's a worthless landed aristocracy that has totally corrupted commons, so the little guy has no real voice.
00:46:03.740And they've given these charters monopolistic power to things like the British East India Company.
00:46:11.760The tea that was thrown into Boston Harbor was off a British East India Company ship.
00:46:16.760And the smugglers that were John Hancock and Sam Adams and the Sons of Liberty said, hey, we're freebooters.
00:46:57.820This is what the Chinese, remember, the Chinese Communist Party, the Chinese think in centuries.
00:47:03.460This is what they referred to as the second or their opium war in reverse.
00:47:08.620This is fentanyl to poison the United States through Mexico with their partners in the cartels up to.
00:47:14.400So, Kerry, President Trump saying unless you knock this off and we're going to stop fentanyl 100 percent because we're having more casualties,
00:47:22.300twice as many casualties every year in fentanyl than we had in the Vietnam War.
00:47:26.840Trump says, I will put a 25 percent tariff and I will put it in Mexico and I'll put it in China and I will break you.
00:47:57.040This this regime is absolutely probably the most cruel we've ever seen in our lifetimes.
00:48:03.760What they're doing with with organ harvesting, what they're doing with the slave labor and the people are on the verge of saying enough is enough over there.
00:48:12.800I think that if with a little bit more pressure, we could bring down the CCP.
00:48:16.740But the fentanyl, you know, I have met so many moms and dads, Steve, along the way in the last few years of parents who've lost a 16 year old son or a 20 year old daughter, an 18 year old, even 14 year olds who are just gone because of this fentanyl.
00:49:09.060So, Carrie, can you hang through the first opening segment?
00:49:14.200There's no truth to the rumor that I'm getting Carrie Lake ready to take her Newsmax gig that we're just getting her some reps here on War Room.
00:49:20.860There's no truth to that rumor whatsoever.
00:49:22.920We are going to talk about Carrie Lake and her future.
00:49:25.840She's one of the greatest pieces of manpower in our nation and one of the greatest pieces of manpower in the MAGA movement.
00:49:33.720Natalie Winters is going to join us at the bottom of the next hour.
00:49:36.020She's got a lot to say about the autocratic breakthrough of the color revolution that's being run on the American people by Victoria Nuland and Rachel Maddow and that crowd and Applebaum.
00:49:48.380All of them, all of them, all the demons.
00:49:50.860Okay, we're going to take a short break.
00:49:52.200I want to play, as we do our out song, from St. John the Evangelist in the Book of Revelations.