Trump has made some significant gains with regard to the Panama Canal. President Trump has been issuing a lot of threats over the canal, which of course was built by the United States back in the early 20th century. The Panama Canal is really important because it cuts down shipping time across the bottom of South America by 27 days. It allows instead all sorts of shipping traffic to be pushed through Panama.
00:00:00.000Well, folks, it was a very hot weekend in the news.
00:00:03.000President Trump has made some significant gains with regard to the Panama Canal.
00:00:07.000So President Trump has been issuing a lot of threats over the Panama Canal, which of course was built by the United States back in the early 20th century, late 19th century.
00:00:15.000And President Trump has wanted to maintain control over the Panama Canal.
00:00:19.000It was handed over to the Panamanian government by Jimmy Carter.
00:00:23.000And that final facilitation of transfer happened in the 1990s over the course of time.
00:00:28.000And in the meantime, the Chinese have been using extraordinary power, bribery, graft, in order to take control of two ends of the Panama Canal.
00:00:39.000We have here a map of the Panama Canal.
00:00:42.000The Panama Canal is really important because it cuts down shipping time across the bottom of South America by 27 days.
00:00:48.000It allows instead all sorts of shipping traffic to be pushed through Panama.
00:00:57.000As it's locks on both ends, the water level is increased and lowered in order to facilitate shipping.
00:01:02.000You have to pay a fee in order to go through if you are a shipper or if you are the U.S. military.
00:01:07.000Apparently, one of the victories that President Trump has now won is that some of the fees will be gone for U.S. military shipping across the Panama Canal.
00:01:14.000What you can see in this map, there are two sites on this map that are really important for folks who can't see it.
00:01:19.000Panama, of course, is a very narrow bridge of land, a spit of land that exists between A
00:01:52.000subsidiary of C.K. Hutchinson Holdings Which is a Chinese-run company out of Hong Kong, controls that port.
00:01:59.000They also control the Cristobal port, which is on the Atlantic side of the Panama Canal.
00:02:05.000Well, the concern was that in case of some sort of serious conflict between the United States and China, the Chinese could use those cutout companies to basically obstruct traffic in the Panama Canal, preventing American warships from being able to transit that at a stretch of one day or two days, as opposed to...
00:03:11.000They could theoretically, for example, sink barges at both ends of the canal and prevent shipping traffic.
00:03:16.000You remember just a few years ago when the Suez Canal was blocked by one ship that went sideways?
00:03:21.000That could easily be done at certain choke points in the Panama Canal, which actually does get incredibly, incredibly narrow near the ends, both ends of the Panama Canal.
00:03:30.000Over the past two decades, China has developed many economic ties with Panama.
00:03:34.000Including through its Belt and Road Initiative.
00:03:36.000The Chinese Belt and Road Initiative is a giant influence operation in which China, quote-unquote, gives you things.
00:03:42.000Those strings attached may be surveillance of your country.
00:03:45.000It may be control over significant national resources.
00:03:48.000That's what the Belt and Road Initiative is.
00:03:49.000So, the victory that President Trump just won is that Panama has just announced that they will not renew the Belt and Road Agreement with China.
00:03:56.000This makes it the first Latin American nation to leave the Belt and Road Initiative.
00:04:02.000He said his country would not renew its agreement with the Belt and Road Initiative following a visit from Secretary of State Rubio over the weekend.
00:04:09.000Which is a decision that I adopted and communicated to him, this is Marco Rubio, the Memorandum of Understanding of the Year 2017 on the Road, Belt and Road Initiative, the Memorandum of Understanding of the Year 2017 on the Road, Belt and Road Initiative, will not He says we're going to study the possibility of whether can be finished earlier or not.
00:04:41.000In one or two years, the renewal, because it is every three.
00:04:44.000So this initiative that was signed, when it was signed, at the time it was signed, will not be renewed by my government.
00:04:52.000So there are other countries in Latin and South America who are looking at the possibility of joining the Belt and Road Initiative, and they are no longer.
00:05:00.000Presumably going to do that, or at least they're going to take very seriously the possibility of not doing that.
00:05:05.000Secretary of State Rubio tweeted, quote, I met with Panamanian President Jose Rubio Molino and Foreign Minister Javier Ciampa to make clear that the United States cannot and will not allow the Chinese Communist Party to continue with its effective and growing control over the Panama Canal area.
00:05:17.000We also discussed efforts to end the hemisphere's mass migration crisis and ensure fair competition for U.S. firms.
00:05:23.000And President Trump throwing the United States' weight around with regard to Panama and achieving some quick results that is also apparently happening with regard to Venezuela.
00:05:31.000According to Mediaite, six Americans were freed from captivity in Venezuela on Friday as President Trump concluded his second week back in office.
00:05:38.000The government of President Nicolás Maduro freed them after receiving pressure from the Trump administration.
00:05:43.000There's been a lot of talk about President Trump, what his foreign policy looks like.
00:05:47.000When it comes to the Monroe Doctrine, he takes that very seriously.
00:05:49.000The idea that the Western Hemisphere is a United States pond.
00:05:53.000That, of course, has been the stated goal of the United States since the early 19th century.
00:05:58.000But that is something that is being reinvigorated by the Trump administration.
00:06:01.000Secretary of State Rubio put out an entire piece in the Wall Street Journal explaining that the United States was going to be shifting a lot of resources and attention to the Western Hemisphere, which, of course, makes perfect sense since we have mass migration crises, huge illegal immigration crises that are springing from the lack of American influence in places like Latin and South America.
00:06:22.000Elon Musk is moving to blow up the U.S. Aid and Development Agency.
00:06:27.000According to the Wall Street Journal, Elon Musk's allies are moving swiftly to exert control over vast swaths of the U.S. government.
00:06:33.000Musk oversaw a successful effort by his representatives to get direct access to a payment system that distributes trillions of dollars to Americans every year.
00:06:40.000Individuals working for Doge accessed the U.S. Agency for International Development following a clash with security officials.
00:06:46.000The moves marked the start of a far-reaching campaign by Musk to upend the federal government agency by agency, according to his allies.
00:06:52.000The effort prompted outrage from Democrats and some Republicans, who said that Musk doesn't have the authority to overturn programs and spending priorities decided by Congress.
00:06:59.000They also raised concerns about the nature of Musk's operation because, of course, he has not been Senate-confirmed in any way, shape, or form.
00:07:07.000Doge had initially been conceived as a sort of advisory outside panel, but Doge instead is actually operating inside the U.S. government in many ways, which, of course...
00:07:15.000Violates the Senate's advice and consent procedures.
00:07:17.000So if we're going to do this, then it should go through Senate advice and consent.
00:07:22.000Well, some of what Musk is doing is obviously great.
00:07:24.000He's going through it and he's cutting an enormous amount of waste and fraud in the program.
00:07:28.000He's shutting down programs that are wildly inefficient.
00:07:31.000Musk said he was on track to cut federal spending by $4 billion a day.
00:07:36.000He said career Treasury officials were routinely making illegal payments.
00:07:39.000The Treasury press office didn't respond on Sunday to a request for comment.
00:07:43.000Now, meanwhile, this is broken out into the open because of controversy over USAID. On Saturday, roughly eight Doge representatives sought access to classified systems and floors at the USAID building in downtown Washington.
00:08:04.000The president of the United States is in control of the Treasury Department and USAID. So if the president of the United States decides to quote-unquote declassify material, he can.
00:08:14.000He has the summary power to declassify material, as we learned to our great chagrin over the course of the last four years when we had many, many conversations about what the president could and could not do in declassifying material.
00:08:25.000The Doge representatives were given access to at least the executive secretariat and nerve center for coordination and communication for the agency's highest levels in the office of the general counsel, the current USAID official and Senate Democratic aide said.
00:08:37.000Now, USAID. is filled with extraordinary graft.
00:08:41.000It is a 10,000-person, $40 billion agency.
00:08:45.000Musk posted on X over the weekend that USAID was a corrupt organization filled with Marxist staffers providing no evidence for his broadsides, according to the Wall Street Journal.
00:08:52.000But it is true that the USAID has given enormous amounts of aid, billions of dollars in aid, to foreign organizations, non-governmental organizations, many of whom are dedicated to doing left-wing agitprop work abroad.
00:09:06.000The problem is that if you actually destroy USAID as a functioning agency, rather than going in with a scalpel, then what you actually could be doing, unfortunately, is sort of an unintended consequence of breaking things and moving fast, is opening the door to things like China's Belt and Road Initiative.
00:09:22.000Because if USAID is giving aid, and a lot of that aid is crap and should go away, but if it's giving some aid that is good to countries, for example, that are wavering between United States influence and Chinese influence, and then you withdraw, Chinese influence grows.
00:09:37.000If you don't like the Belt and Road Initiative in Panama, you shouldn't like the Belt and Road Initiative in Africa or in Southeast Asia or in any other place that China is attempting to spread its tentacles.
00:09:47.000Again, in the world of tech, moving fast, breaking things, blowing things up, having to rebuild them, that's just the way that business is done.
00:09:53.000In the world of government, if you are, for example, a foreign country that is reliant on USAID to sort of prop you up, and that goes away.
00:10:03.000Do you think you're just going to sit there and wait for the United States to figure out its bleep?
00:10:07.000Or are you just going to turn to China?
00:10:08.000China is quite happy about this particular move.
00:10:12.000One particular account on Twitter, which is, shall we say, very, very Chinese-friendly, is celebratory about the death of USAID. Quote, Because USAID isn't really a humanitarian aid agency.
00:10:21.000It's a covert intelligence arm funding coups, protests, and regime changes.
00:10:25.000What exactly are some of the things that this person objects to?
00:10:28.000That USAID opposed the Cuban regime, the Venezuelan regime.
00:11:28.000Again, that's puretalk.com slash Shapiro to claim your new iPhone or Galaxy with qualifying purchase from Pure Talk, America's wireless company.
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00:12:38.000So China could be Two things can be true at once, as always, as always.
00:12:42.000And this is, I think, really important when it comes to the policy of an administration that I support.
00:12:50.000It's not all good, and it's not all bad.
00:12:52.000When it comes to things like USAID, again, going through in targeted, precise fashion and nuking programs within USAID that need to die would be a wonderful good, and Doge can do an amazing amount of good there at the same time.
00:13:06.000Nuking the entire agency, for example, could be opening the door to Chinese influence operations in a wide variety of areas all over the globe that the United States is then going to have to backfill.
00:13:17.000And that could be a problem because China is fully stalwart about all this stuff.
00:13:33.000The Chinese regime is an oppressive communist tyranny that steals IP, undercuts American markets, and targets all of America's interests for destruction.
00:13:44.000Okay, so, just recognize that we live in a world filled with harsh enemies who are perfectly willing to fill gaps left by the United States.
00:13:51.000Now, you may be willing to say, okay, fine, whatever.
00:14:10.000Okay, back on the good side of the ledger, President Trump is apparently killing aid to South Africa.
00:14:16.000This, of course, is a good thing because when it comes to South Africa, South Africa has become an increasingly racist state focused on expropriating the property of whites.
00:14:26.000Now, you can talk about the evils of South African apartheid, which of course were tremendously evil.
00:14:31.000And you can also point out that the way to come together after the demise of an apartheid regime would not be confiscatory policy designed to harm the white people in Africa in racist fashion.
00:14:44.000That's exactly what the South African government has done.
00:14:47.000That's what the Zimbabwean government did also, by the way, completely destroying the country in the process.
00:14:52.000South Africa has pushed forward an expropriation measure signed by the president Cyril Ramfosa designed to bring land reform in the public interest, meaning just seize property, presumably from white farmers disproportionately.
00:15:03.000South Africa, by the way, because it is impoverished itself in ways that it need not because South Africa has pursued a racialist policy because South Africa's identity is largely tied up in sort of anti-colonialist mindset.
00:15:15.000It has also become a plaything of places like Iran and China.
00:15:18.000who very often are funneling money into South Africa.
00:15:21.000President Trump was like, no, we're done with this.
00:15:22.000We're not going to give aid to a country that is...
00:15:25.000In racist fashion, seeking to expropriate property from white farmers.
00:15:29.000You said that you were going to cut aid from South Africa.
00:15:33.000Will you plan to cut aid across other African nations?
00:16:18.000And the fact that we've been pouring money into it is a disgrace.
00:16:21.000So good move by the Trump administration on that.
00:16:23.000Speaking of other good foreign policy moves, I think all of the talk about President Trump being in isolation as president, it's kind of weird because what we're seeing so far is definitely not isolationism.
00:16:32.000President Trump on Saturday announced that he had ordered military airstrikes in Somalia, taking out a senior ISIS attack planner and other terrorists the planner had recruited, according to Fox News.
00:16:40.000The strikes come just weeks after an ISIS-inspired terrorist killed 14 people and injured dozens more after plowing a truck into New Year's Eve revelers in New Orleans.
00:16:49.000Trump said, quote, these killers, we found hiding in caves, threatened the United States and our allies.
00:16:54.000Trump said the strikes destroyed the caves the terrorists were living in and, quote, did not in any way harm civilians.
00:16:59.000He said our military has targeted this ISIS attack planner for years.
00:17:02.000Biden and his cronies wouldn't act quickly enough to get the job done.
00:17:12.000Secretary of Defense Pete Hegseth, who, of course, is excellent, put out a statement saying, I authorized U.S.-Africa Command to conduct coordinated airstrikes today targeting ISIS-Somalia operatives in the Golis Mountains.
00:17:25.000Our initial assessment is that the multiple operatives were killed in the airstrikes.
00:17:30.000This action further degrades ISIS' ability to plot and conduct terror attacks threatening U.S. citizens, our partners, and innocent civilians.
00:17:37.000He said that strikes should send a clear signal.
00:17:39.000The U.S. stands ready to find and eliminate terrorists who threaten the country and its allies, even as it carries out robust border protections at home.
00:17:44.000So again, this sort of isolationist notion that that is what Trump is all about.
00:17:48.000I have yet to see the evidence of that.
00:17:50.000Well, meanwhile, the big story of the weekend is that President Trump was going to launch these massive tariffs on Canada and China and Mexico.
00:17:58.000And the tariffs were basically 25% tariffs blanket on Canadian product, 25% blanket tariffs on Mexican product, 10%.
00:18:08.000There were some exceptions for oil that was coming in from Canada.
00:18:11.000And the big question when it comes to tariffs is whether President Trump is using them as leverage or whether he is doing this ideologically.
00:18:16.000This is always the big question with President Trump.
00:18:18.000Because using them as leverage, he's been quite successful.
00:18:21.000There is no one in the business world who is better at leverage than President Trump when it comes to making deals.
00:18:26.000President Trump loves the leverage and he gets what he wants.
00:18:28.000He did this just a couple of weeks ago with regard to Colombia.
00:21:08.000You know, China makes the fentanyl, gives it to Mexico, puts it through Canada, puts it through different places, mostly Mexico, but also a lot through Canada.
00:21:18.000And so all three haven't treated us very well.
00:21:23.000Okay, so a bunch of different things happening here.
00:21:25.000So President Trump is saying, listen, I love the tariffs.
00:21:27.000Nothing can make me remove the tariffs.
00:21:29.000And then we found out on Monday morning after the markets immediately dipped at open because they thought maybe these tariffs were permanent.
00:21:36.000That they were anything but permanent.
00:21:37.000In fact, President Trump was able to leverage major concessions out of the Mexican government.
00:21:42.000We'll get more into tariff policy in a moment.
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00:23:45.000According to President Trump's Truth Social Feed, quote, I just spoke with President Claudia Scheinbaum of Mexico.
00:23:51.000It was a very friendly conversation wherein she agreed to immediately supply 10,000 Mexican soldiers on the border, separating Mexico and the United States.
00:23:58.000These soldiers will be specifically designated to stop the flow of fentanyl and illegal migrants into our country.
00:24:03.000We further agreed to immediately pause the anticipated tariffs for a one-month period, during which we will have negotiations headed by Secretary of State Marco Rubio, Secretary of Treasury Scott Besant, and Secretary of Commerce Howard Lutnick and high-level representatives of Mexico.
00:24:15.000I look forward to participating in those negotiations with President Scheinbaum as we attempt to achieve a deal between our two countries.
00:24:21.000So remember, President Trump had used his emergency authority to stop fentanyl, illegal immigration, in order to...
00:24:29.000And he's now saying that because Mexico is alleviating the emergency, presumably, this is going to be delayed by a month so a new trade deal can be negotiated.
00:25:00.000We'll be speaking to him again at 3 p.m.
00:25:02.000Now, presumably, there are other concessions that the Canadians could make that would mean that the tariffs end up being relieved with regard to Canada.
00:25:10.000Okay, which, again, all of that is good and fine.
00:25:13.000Using tariffs as a form of leverage is something President Trump is very good about.
00:25:48.000It goes down to Ciudad Juarez in Mexico where it's inserted.
00:25:51.000In a circuit board, when it comes back up through the board, that's another 25% tariff.
00:25:55.000Then, when it goes to Canada, it'd be inserted into a seat, for example.
00:25:58.000That is another 25% tariff when it comes back down.
00:26:01.000So you're talking at that point about an aggregated 60% tariff on the product.
00:26:05.000These sorts of things have a major impact on American markets, which is why you saw the stock market take a dump at the very beginning of the day when it looked as though Trump was in principled fashion pushing tariff policy as sort of a net good to the United States.
00:26:52.000Tonight, I am announcing Canada will be responding to the U.S. trade action with 25% tariffs against $155 billion worth of American goods.
00:27:11.000This will include immediate tariffs on $30 billion worth of goods as of Tuesday.
00:27:19.000Followed by further tariffs on $125 billion worth of American products in 21 days' time to allow Canadian companies and supply chains to seek to find alternatives.
00:27:33.000Now, of course, the reality is that that would hurt Canada more than it would hurt us.
00:27:37.000If they tariff American products, then they're taxing their own consumers.
00:27:40.000But this is what happens in a trade war.
00:27:43.000The other countries that are being targeted increase their tariffs to retaliate because they say, OK, well.
00:27:48.000We're not going to let your goods in our market if you're not letting our goods in your market.
00:27:51.000And then if this sort of thing were to be carried out over a long period of time, it would be a real problem because China particularly is more than happy, just as with USAID going away, more than happy to fill that gap with cheap free trade with, say, Canada or Mexico or the Europeans.
00:28:05.000The Europeans, by the way, are already setting up for this.
00:28:07.000The Europeans are already anticipating that President Trump is going to try tariffing the Europeans.
00:28:11.000And so they've been creating more free trade agreements with themselves and presumably also with China.
00:28:18.000But, when it comes to playing chicken, President Trump is very, very good at playing chicken.
00:28:22.000Mexico sending 10,000 troops to the border.
00:28:24.000Mexico pledging to stop the flow of fentanyl.
00:28:27.000These are big wins for President Trump.
00:28:32.000When it comes to many of the things that Trump does, if you did them in a vacuum without trying to use them as leverage, there would be a major problem.
00:28:38.000And many of the things that Trump says in order to get those things done are things I disagree with.
00:28:42.000So, for example, you heard him railing against trade deficits.
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00:30:03.000All right, meanwhile, the DNC remains absolutely out in the wilderness.
00:30:06.000So the Democratic National Committee had to pick a next chair.
00:30:39.000He said, quote, Donald Trump, the Republican Party, this is a new DNC. We're not going to sit back and not take you on when you fail the American people.
00:30:46.000But he had also said that there was nothing wrong with the party.
00:30:49.000Quote, we don't call it a post-mortem or autopsy.
00:30:53.000What we really need to do is get a handle around what happened last election cycle.
00:30:57.000We know we lost ground with Latino voters.
00:30:58.000We know we lost ground with women and younger voters and working class voters.
00:31:01.000We don't know the how and the why yet.
00:31:02.000Now, we kind of know, but you guys keep doing it.
00:31:05.000Here is some evidence for why that is, in fact, the case.
00:31:09.000So Jamie Harrison, who's the outgoing DNC chair, at one point they had to select the top committee at the DNC, and it has to be gender balanced according to the DNC. And so he announced...
00:31:22.000That they didn't know what to do because they didn't have enough non-gender binary, non-binary gender queer people on their executive board.
00:31:34.000Rules specify that when we have a gender non-binary candidate or officer, the non-binary individual is counted as neither male nor female and the remaining six officers must be gender balanced.
00:31:48.000With the results of the previous four elections, Our elected officers are currently two male and two female.
00:31:57.000In order to be gender balanced, we must elect one male, one female, and one person of any gender.
00:33:27.000And then he got admitted based on his activism.
00:33:29.000Meanwhile, Kyle Kashuv, another student at Parkland, who'd scored, I believe, 1,600 on his SATs, was rejected because they uncovered some bad old texts.
00:33:37.000Well, now this schmuck has somehow parlayed his apparent victimization at Parkland into the vice chairmanship of the DNC after a career of stupid tweets at Harvard University.
00:35:27.000From the vice chair of the DNC, I thank my indigenous peers that brought my attention to Lincoln's atrocities committed against Native Americans.
00:35:33.000I'm deeply sorry for not acknowledging these crimes that I was unaware of until now.
00:36:14.000I believe in a two-state solution, but what I don't believe is productive.
00:36:18.000What I don't believe is productive, Bill, is when we continuously focus on what these students that are still trying to figure out who the hell they even are a lot of the time and talking about that instead of the people that are actually responsible for these atrocities continuing, whether that is us not having a two-state solution or our leaders that fail to meet this moment over and over and over and over.
00:36:37.000I'm glad that my generation knows that what the current course that we've been on of just enabling the government of Ben Gavir, the government of Netanyahu that was being protested by the Israeli people leading up to October 7th, just acting like everything's normal is not the answer.
00:37:10.000Speaking of people completely disconnected from everyday life, the Grammys.
00:37:13.000Now, I didn't know they were happening.
00:37:15.000You didn't know they were happening, but my producers knew they were happening.
00:37:17.000And so I'm going to need my producers to join me for this one to help walk me through what happened at the Grammys when a bunch of people whose music I don't care about and whose names I don't know decided to wear, as it turns out, either the most garish stuff imaginable or nothing.
00:37:33.000So apparently they're going to lead me through a series of pictures.
00:37:37.000Various artists, most of whom I don't know, and what they wore at the Grammys.
00:37:42.000So guys, why don't you just go for it?
00:44:40.000So Lady Gaga and Bruno Mars showed up without, unfortunately, sexy red.
00:44:45.000And apparently were dressed like in the background, like the Osmonds from 1975. But then they showed up to talk about, I don't know, politics or something.
00:46:10.000Meanwhile, speaking of terrible hosts, Trevor Noah was the host, which the fact that he's still working is, I think, we need to deport him.
00:46:19.000President Trump wins a third term if he deports Trevor Noah.
00:46:21.000And Noah joked about it, by the way, but we can make this joke a reality if we try hard enough, gang.
00:46:27.000We're going to try and have some fun, and we're going to do something different, right?
00:46:30.000I don't know if you know this, there's been a few changes in Washington, so I'm going to enjoy tonight because this may be my last time I get to host anything in this country.