Trump's Auto Tariffs officially take effect at midnight, a teenager is charged in the murder of a 17-year-old boy at a track meet, and China threatens countermeasures against the president's new tariffs.
00:00:51.880The Frisco Memorial High School community gathered tonight in grief after the stabbing death of a teenager at a track meet.
00:00:57.960Another teenager, a student at Frisco Centennial, is now charged with the murder.
00:01:02.40017-year-old Austin Metcalfe's twin brother was at the track with him.
00:01:07.160His family says he died in his brother's arms.
00:01:10.200President Trump's auto tariffs officially took effect at midnight after that major announcement yesterday afternoon
00:01:16.000with at least 10% tariffs on dozens of foreign countries.
00:01:18.960That's what's coming to America, the coolest factories, the highest tech factories.
00:01:24.120They're all coming home, and Donald Trump's bringing them home, and he's going to create a renaissance of high-tech manufacturing in America.
00:11:34.820So I could hear him, but you guys couldn't hear him.
00:11:36.380I don't know what the issue with that was.
00:11:37.560But we're going to get that fixed in just one second.
00:11:40.380So as it is with, as it is, look, he was mentioning something about how President Trump says himself all the time that he can cure cancer and that CNN would come out and say that he's putting doctors out of business.
00:11:58.880And that's exactly what's going on here.
00:12:00.780So he's helping the American people, but, of course, they're looking at the other perspective.
00:12:06.000And you're going to hear the – by the way, they did the exact same thing with the deportations, and they're currently doing the exact same thing with the deportations.
00:14:08.680And that's why you see the deaths of despair that have ratcheted up again and again.
00:14:13.460And you've seen so many of these corporate raiders, the Frank Luntzes of the world, pushing oxycodone and pushing all of this absolute abject nonsense and horrible deaths of opioids and opioid addictions.
00:25:58.720And the American people are not just seeing changes in prices at the gas pump.
00:26:02.580They're also seeing that in the grocery stores.
00:26:05.580So you're seeing the immediate impacts of what positive energy pro-growth energy policies look like.
00:26:11.160That's having a positive effect on the economy.
00:26:14.180And the other thing I would remind people is you've got a lot of these so-called experts,
00:26:17.200and you've got a lot of Democrats talking about the cost of tariffs.
00:26:20.580But they never talked about the cost of Joe Biden and Kamala Harris and the Democratic Party's inflation.
00:26:26.440That inflation was costing the average American household $1,000 a month, close to $12,000 a year.
00:26:36.500And here they want to push out tax foundation studies saying that tariffs are going to cost $2,100 per year,
00:26:43.880when they completely ignore the fact that it was costing $12,000 a year
00:26:48.760when Joe Biden's inflation was wrecking through American households.
00:26:52.420Listen, we're going to achieve tax cuts.
00:26:54.880We're going to continue down our deregulation.
00:26:57.880But continuing the old ways of Washington, in which the world had a field day when it came to our trade, that has to end.
00:27:06.320So many American workers lost their jobs.
00:27:09.140It was a disadvantage to us when it comes to national security.
00:27:13.000We are correcting all this in less than 80 days on the job.
00:27:17.240President Trump, the last thing he wants to do is cause pain for the American people.
00:27:21.640He was elected based on the pain that the American people felt, not just economically, but when it came to their safety due to our open border.
00:27:30.100And President Trump is going to prioritize our farmers, our hardworking men and women of the American working class.
00:28:35.620So, folks, we are just give us a couple of minutes and we're going to have Senator McCormick will be joining us here on the program to talk about this,
00:28:44.140as well as a new book that he's got out.
00:28:46.320He's been writing about this for a long time.
00:28:47.960He is my senator, of course, from Pennsylvania.
00:28:50.940But, look, the great deal, okay, the great deal is so much more than just tariffs.
00:28:57.180It's so much more than, and I love the way Harrison puts this, it's so much more than just saying,
00:29:02.160oh, we're going to have tariffs on imports and that's going to get, no, no, no, no, it's not just that.
00:29:06.140It's also tariffs on imports, but we're also lowering taxes in other places.
00:29:45.560President Trump understands that, and that's why he's committed to the peace process in the region.
00:29:51.900When you have peace in the Middle East, when you have stability, when oil is flowing, not just in the United States, but all around the world,
00:29:57.940that leads to a lower price that brings it down.
00:30:01.360That's going to bring down prices at the pump, which, of course, bring down, like I was just talking about, it goes through everything else.
00:30:06.400Then you have lower prices for your goods, lower prices for inputs, lower prices on energy, lower prices on transportation, et cetera, et cetera.
00:30:14.380It's all intrinsically interconnected, and President Trump understands this and understands what needs to be done going forward.
00:30:22.700I actually saw someone say this earlier, and it's like, it's kind of like America has been skipping leg day for the last 30 years, economically speaking.
00:30:34.360So it's economic leg day, and everybody knows about leg day.
00:33:48.660Number one, the tariffs, this is, we've talked about nothing about tariffs for last month.
00:33:53.660The tariff chapter is one chapter in a book of economic policies that's going to include deregulation, energy dominance, extension and tax reform, foreign investment in the United States.
00:34:05.140So it's important, but it's one thing.
00:34:07.060And those things should give markets a lot of certainty.
00:34:09.920Second thing is what the tariffs are designed to do is address a fundamental problem of unfairness.
00:34:17.020And Mike Froman, I just heard him on earlier.
00:34:20.320You know, the global trading system has brought great benefits, but it's been inherently unfair to the United States in many ways.
00:34:26.500China, many other countries have not followed those rules, and it's had devastating effects in my home state of Pennsylvania, my hometown.
00:34:34.020You know, when I was growing up, the carpet mill had 2,000 employees.
00:34:51.600Senator, from my personal, and I'm biased, a little biased, my favorite state in the entire union, the great commonwealth of Pennsylvania, where I hail from, it is Senator Dave McCormick.
00:35:06.820Well, I really appreciated what you said on CNBC this morning, and I think that's exactly right.
00:35:11.340People who aren't from Pennsylvania or from these places that have been devastated don't realize the effect that our current economic policy has had on them.
00:35:20.660And it really feels like this is a great deal for the people of the commonwealth and people in places like that.
00:35:27.740Yeah, you know, Jack, it's easy to forget sometimes.
00:35:30.700If it's out of sight, it's out of mind.
00:35:32.660And I did 500 visits across Pennsylvania in the last year, in the last, you know, 2024.
00:35:38.640And you'd hear it over and over again in these small towns where manufacturers went out of business.
00:35:43.700And it's, you know, listen, if you have fair trading, if you have a fair playing field, the American worker, the most innovative, hardworking, grittiest worker in the world in Pennsylvania, and we just haven't had fairness.
00:35:57.960And, you know, there's lots of violators.
00:35:59.640But the biggest violator of all has been China, and China has not followed by the rules.
00:36:04.800And so I was happy to see that President Trump's tariffs are directed, you know, particularly the worst of its directed towards China, because China, of the many unfairnesses we've seen in the global trading system, China's been at the top of the list.
00:36:33.460Well, it turns out he was exactly right.
00:36:35.520And to the point where, you know, you even have timber that's chopped, trees that are chopped down in the Commonwealth of Pennsylvania that gets sent to China, that get worked there, and all the woodworking is done there, and then shipped back.
00:36:47.180And yet somehow we think that this process is good for Pennsylvanians.
00:36:53.280And listen, if you ask me, I'll be honest, if you asked me 20, 30 years ago, I'd have said, well, you know, listen, there's a lot of benefits from that.
00:37:03.820You've had free traders, people that say they're free traders, that have basically said, listen, eventually China's going to come on board with the rules.
00:37:48.480Now, Senator, I want to also say congratulations to you, by the way, because I see on Amazon you currently have the number one bestseller new book, business mentoring and coaching.
00:38:01.320And it's all about mentorship, how purposeful mentorship changes the world.
00:38:05.560And I got to say people people don't realize this.
00:38:07.640But, you know, but, you know, even I admit that I have mentors and there are some mentors that I still talk to every single day.
00:38:13.140Actually, some that you probably know.
00:38:15.200You know, Jack, the thing about it is there's very few people that have been successful that can attribute it to a couple of key people.
00:38:21.600We didn't start with the idea of writing a book.
00:38:23.480In fact, the book's been done for a couple of years, but we were in the middle of a losing campaign and a winning campaign.
00:38:29.660But during COVID, you know, we got six daughters and they got they were locked up, disconnected from from friends and coaches and teachers.
00:38:37.480And we started to talk about how mentorship really mattered to us.
00:38:41.220For me, it was a high school football coach.
00:38:42.840For Dina, you know, a senator met her, Kay Billy Hutchison, when she was waitressing, putting her way through University of Texas.
00:38:52.060And both of those that coach and that senator changed our lives.
00:38:56.600But we started to talk to a bunch of successful people.
00:38:59.100We know business leaders, you know, political people.
00:39:03.140Sarah Huckabee Sanders, you know, talks about her dad as a mentor, talks about President Trump.
00:39:08.060You know, when she was getting just so treated so terribly, so nasty as the press secretary and was thinking about quitting and going home.
00:39:16.600And President Trump pulled her aside and said, listen, you are strong.