The Charlie Kirk Show - March 04, 2025


The Mineral Deal Points to One Thing: China


Episode Stats

Length

38 minutes

Words per Minute

193.28165

Word Count

7,480

Sentence Count

606

Misogynist Sentences

2

Hate Speech Sentences

23


Summary

John Carney, our Economic and Finance Editor at Breitbart News joins me to talk about all things trade and why it's all about China. He also talks about the BridgeColby confirmation process and why that matters so much to me.


Transcript

00:00:00.000 I'm Alex Marlowe, editor-in-chief of Breitbart News, and I'm in for Charlie as he debates Gavin Newsom today, my governor.
00:00:06.000 Sad to say.
00:00:07.000 But it is a huge news day, so it's a great day to be in Charlie's captain chair.
00:00:12.000 First of all, I go through my theory that everything Trump is doing when it comes to foreign policy and international relations is all about China.
00:00:18.000 It's a unifying doctrine.
00:00:20.000 He is speaking softly and carrying a big stick in this regard, but I talk about all these maneuvers he's making and why it's all about China.
00:00:28.000 Before we get into all things trade, big trade news day, John Carney is here with me.
00:00:32.000 He is our economic and finance editor at Breitbart News.
00:00:35.000 He's a total guru on the subject matter.
00:00:38.000 He will give you all the arguments you need to debate your liberal friends on trade.
00:00:41.000 And then I break down the Bridge-Colby confirmation process and why it matters so much to Charlie and why it matters so much to me.
00:00:47.000 That's it.
00:00:48.000 It's going to be a good show, guys.
00:00:49.000 Buckle up, everybody, because here we go.
00:00:52.000 Charlie, what you've done is incredible here.
00:00:54.000 Maybe Charlie Kirk is on the call.
00:00:55.000 I want you to know we are lucky to have Charlie Kirk.
00:00:59.000 Charlie Kirk's running the White House, folks.
00:01:02.000 I want to thank Charlie.
00:01:04.000 He's an incredible guy.
00:01:05.000 His spirit, his love of this country.
00:01:07.000 He's done an amazing job building one of the most powerful youth organizations ever created, Turning Point USA. We will not embrace the ideas that have destroyed countries, destroyed lives, and we are going to fight for freedom on campuses across the country.
00:01:22.000 That's why we are here.
00:01:25.000 Noble Gold Investments is the official gold sponsor of The Charlie Kirk Show, a company that specializes in gold IRAs and physical delivery of precious metals.
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00:01:42.000 That is noblegoldinvestments.com.
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00:01:50.000 Hello, everyone.
00:01:51.000 I'm Alex Marlowe, editor-in-chief of Breitbart News.
00:01:54.000 Thanks so much to my friend Charlie as well as producer Andrew for inviting me in today.
00:01:57.000 It is a massive news day today.
00:01:59.000 It's Fat Tuesday.
00:02:00.000 Lent is tomorrow.
00:02:02.000 Mardi Gras is tonight.
00:02:03.000 The State of the Union, sort of.
00:02:05.000 We don't call it that tonight as well.
00:02:07.000 And tons and tons of news.
00:02:08.000 I'm editor-in-chief of Breitbart News.
00:02:10.000 If any of you are not familiar with me, if you are familiar, thanks so much for helping us at Breitbart be so big and so robust and so strong.
00:02:17.000 It's all thanks to grassroots audiences.
00:02:20.000 Like these, if I'm new to you, Breitbart is, I would say, the OG MAGA outlet for the anti-establishment media.
00:02:27.000 I guess MAGA before there was MAGA. And so we love to be the pioneers of this space and are so proud that people like Charlie, who got to start writing for us at Breitbart News, have gone on to do such amazing things.
00:02:39.000 And this is a day, I think, to reflect on how far we've come as a movement.
00:02:45.000 Donald Trump is playing absolute 4D chess right now.
00:02:48.000 And all of this...
00:02:49.000 And this is what this today is going to all be about.
00:02:52.000 We have tariff wars breaking out.
00:02:53.000 We've got a big speech breaking out.
00:02:55.000 All of it is about China.
00:02:56.000 No one understands this, but this is all about China.
00:02:59.000 Let me start with what's going on with these tariffs.
00:03:03.000 Tariffs are now in place on Canada and Mexico, 25% starting today.
00:03:08.000 He's also raising tariffs on China by 10%.
00:03:10.000 Canada has now threatened retaliatory tariffs against us, and a lot of people...
00:03:15.000 I didn't believe that Trump would go through with it.
00:03:17.000 They didn't believe that he would actually And these nations, Mexico and Canada in particular, have not helped us keep China at bay.
00:03:40.000 One of the things that's going on is fentanyl streaming into our country, starting through Mexico, but also through Canada as well.
00:03:47.000 And these nations have not done a good job.
00:03:48.000 And a lot of this is coming directly from China, and no one is seemingly willing to crack down on it.
00:04:03.000 Trump is doing what he can.
00:04:04.000 He's got the border enforcement going.
00:04:07.000 He's got ICE at the border.
00:04:08.000 We're trying to shut things down, but it's not enough.
00:04:11.000 He needs to convince these governments that they need to start helping us out some more.
00:04:15.000 So he's putting the pressure on.
00:04:16.000 A lot of people saw this as a bluff.
00:04:18.000 But you can't only bluff.
00:04:19.000 You've got to be able to enact these things.
00:04:21.000 And it's a basic negotiating tactic that's going on.
00:04:24.000 So one thing you guys may have seen yesterday is a New York Times story announcing that, oh, the cartels are in such disarray, they're in such dire straits, all because of Trump's crackdowns.
00:04:35.000 I'm sure that's true to some degree.
00:04:37.000 But a lot of this is planted stuff to try to get Trump to back off.
00:04:41.000 They want Trump to back off these tariffs.
00:04:43.000 They want him to release the pressure.
00:04:45.000 They want him to be able to start going slow, to calm down.
00:04:47.000 He's not doing that.
00:04:48.000 The market's testing Trump today.
00:04:50.000 It's down as we're recording the show.
00:04:51.000 We'll see how this goes on.
00:04:53.000 But investors might be trying to control Trump.
00:04:56.000 They don't want him to do this.
00:04:57.000 They don't want him to actually flex America's economic might.
00:05:00.000 But that's exactly what he's going to do.
00:05:03.000 You might notice throughout the day.
00:05:05.000 That we're going to be talking a lot about Ukraine.
00:05:08.000 All of Trump's Ukraine policy, what is it all leading towards?
00:05:11.000 Mineral rights.
00:05:12.000 Why does Trump want these mineral rights?
00:05:13.000 Because so far in this world, it's dominated by China.
00:05:17.000 China's got all these minerals, and he's trying to get these minerals from Ukraine.
00:05:20.000 We thought that was a done deal, didn't we, last week?
00:05:22.000 But now all of a sudden, maybe it's not.
00:05:23.000 Maybe it's not a done deal.
00:05:24.000 Maybe we don't know exactly what kind of minerals are there.
00:05:28.000 Russia would tell you Ukraine doesn't have that many minerals.
00:05:30.000 The EU would tell you that they have a lot.
00:05:32.000 But that meltdown that Zelensky had was in the Oval Office that would go down in infamy.
00:05:39.000 Something that completely blew up a deal that was a one-foot putt.
00:05:42.000 It was a concession layup and he couldn't get it done.
00:05:44.000 Why was he freaking out?
00:05:46.000 I'm wondering if it had to do with those minerals.
00:05:47.000 I'm wondering if it wasn't just that he lost his fastball, which he certainly did.
00:05:51.000 He didn't have to have this posture.
00:05:54.000 That he had in the Oval Office where he was insulting us.
00:05:57.000 He was saying that war is coming to our shores.
00:06:00.000 All of that was totally unnecessary, but it was partially because he'd been dealing with Joe Biden for all these years where all he would do is get a yes.
00:06:07.000 All these Democrats giving him a yes all the time.
00:06:10.000 Trump doesn't like that.
00:06:11.000 Trump wants to be able to hold people to account and to be able to look him in the eye and get the truth out of him.
00:06:17.000 He's not getting that from Zelensky.
00:06:18.000 And I got a feeling that Trump was pretty suspicious that maybe these minerals were not exactly what Zelensky was purporting to have.
00:06:26.000 So anyway, Trump is trying to get these nations on their back foot, and the point is that he is not satisfied with the way these governments are dealing with the prospect of China looming into various regions.
00:06:39.000 On the earth.
00:06:40.000 They're encroaching in the Arctic.
00:06:41.000 That's why he wants Greenland.
00:06:43.000 They've encroached on Panama.
00:06:44.000 That's why he wants the Panama Canal.
00:06:46.000 All this is going to come out tonight.
00:06:47.000 I just want to break down China for China's relationship with Canada.
00:06:52.000 This is super important.
00:06:53.000 Because when you look at Canada, Canada has had Chinese secret police in their country.
00:06:59.000 They've had their level four biolab infiltrated by Chinese.
00:07:04.000 Two Chinese nationals connected the Wuhan lab and infiltrated the Chinese biolab.
00:07:08.000 They have governments, businesses, institutions, political parties.
00:07:13.000 China tried to interfere in Canada's election to help Justin Trudeau win.
00:07:18.000 So there's a national public inquiry into this, and nothing was done about it.
00:07:22.000 There's no significant regulation that's being done to curb China's infiltration into Canada.
00:07:27.000 So they're in Mexico via the fentanyl.
00:07:29.000 They're in Canada via those ports.
00:07:31.000 They're in Greenland, essentially, via the Arctic.
00:07:35.000 They've got dominance over our minerals.
00:07:37.000 Throughout the world, Trump's sick of this stuff.
00:07:40.000 You see this thing that's happened in Vancouver, money laundering of trying to get Chinese money into Canada to try to be able to power through and be able to get things they want.
00:07:51.000 There's this strategy they have called the Vancouver model, where you bring money into a casino and then you can bring it home.
00:07:56.000 They wash money through Canada.
00:07:58.000 And it's so common that they've actually named it the Vancouver model.
00:08:01.000 These casinos, of course, are owned by the government.
00:08:03.000 So who's getting these kickbacks?
00:08:04.000 You don't know.
00:08:05.000 And they want to come here in the United States.
00:08:07.000 They've already been here.
00:08:08.000 But at least here, where we've had these secret Chinese police stations, what's ended up happening is that we've tried to investigate them and at least shut them down.
00:08:16.000 Now, I can guarantee you not everyone in the U.S. government is happy about that.
00:08:19.000 I'm sure they would love to just take the Chinese cash and move on.
00:08:22.000 But we've at least tried to deal with it to some degree.
00:08:25.000 We're also looking at the Bridge Colby confirmation hearing today.
00:08:29.000 He'd be the number three guy in the Pentagon.
00:08:31.000 He's a guy that Charlie's really championed in a lot of the America First movement.
00:08:34.000 One thing that Bridge Colby understands is the number one threat is China.
00:08:37.000 He's also a very serious technologist.
00:08:39.000 He looks at the future.
00:08:40.000 He looks to make sure that we've got the right technology available to counter countries like China who have us way outnumbered when it comes to populations.
00:08:48.000 So this is another thing that is an affront to the American establishment that has been completely content to get rolled by China on trade and to get rolled by China when it comes to dominance in the geopolitical space.
00:09:00.000 So this is where Trump is fed up with it.
00:09:04.000 And whenever you see the maneuvers Trump is making throughout the day, note whether or not this has to do with tariffs, whether or not these tariffs, whether or not his pressure is put on Canada and Mexico, whether or not to take it literally or to look at it as a bigger global play to counter our number one geopolitical foe, which is China.
00:09:23.000 Now, a lot of good is going to come from that process.
00:09:26.000 I think we're going to get a lot of favorable deals for America.
00:09:29.000 We're going to reshore a lot of manufacturing in the process.
00:09:32.000 We're seeing all these reports about companies building factories in the United States.
00:09:37.000 We just got word that a new Honda Civic...
00:09:40.000 Plant is going to be built in the United States.
00:09:41.000 We got word that tens of billions of dollars worth of new pharmaceutical facilities are going to be built in the United States.
00:09:48.000 These are big deals.
00:09:49.000 These are things that are going to generate tens of billions, if not hundreds of billions of dollars for the U.S. economy.
00:09:53.000 And a lot of it's coming through because people are afraid that if Trump is seen as uncontrollable when it comes to tariffs, and you've got J.D. Vance warming up in the bullpen.
00:10:04.000 Then they might not be looking at four years of MAGA economic policy.
00:10:08.000 They might be looking at 12 years.
00:10:10.000 And if that's the case, then why would they start building factories and stuff overseas in Mexico, et cetera, when they could build it here and then they won't have to worry about any of that.
00:10:19.000 They're not going to have to worry about if the America First team that's currently in the executive branch of the United States, whether or not they're going to make it so that it's untenable to ship in those products into our country without getting tariff to death.
00:10:32.000 Trump has completely reset global economic trade.
00:10:34.000 It's something to be congratulated.
00:10:35.000 We've got to stand strong today.
00:10:37.000 A lot of people complaining.
00:10:38.000 A lot of people whining.
00:10:39.000 They don't like what they're seeing.
00:10:40.000 It's a momentary thing.
00:10:41.000 It's a temporary thing.
00:10:42.000 We're going to get you all the details on today's Charlie Kirk show.
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00:11:50.000 Jesse Waters had a great graphic yesterday.
00:11:52.000 Investments in the U.S. under President Trump, $14 billion from Nippon Steels, Japanese company, $20 billion from Hussein Sajwani, $500 billion over four years from Apple, $500 billion over four years from Stargate, $600 billion from Saudi Arabia, $100 billion from a...
00:12:09.000 From Taiwan, Semiconductor, that's a new one.
00:12:11.000 And there's more.
00:12:12.000 These will keep coming.
00:12:13.000 Pharmaceutical industry, again, pouring more money in to the United States, which is huge because a lot of these companies, these patents, you get something approved by the FDA and then you've got about, I think it's about 10 years on a patent for you to...
00:12:25.000 Get production going to make money and then it's going to go generic and you're not going to be able to make any more money.
00:12:30.000 So it's a big gamble where these pharmaceutical companies build plants.
00:12:33.000 They're now building them in the United States.
00:12:35.000 Eli Lilly just announced that they're going to be doing, I think, four new plants here.
00:12:39.000 All of that is because they're in fear of Trump's tariffs.
00:12:41.000 So don't freak out.
00:12:42.000 Do not panic.
00:12:43.000 These are very powerful when it comes to dealing with the Chinas of the world.
00:12:46.000 It's also incredibly powerful when it comes to encouraging American innovation to come back here.
00:12:52.000 American jobs come back here.
00:12:54.000 And the Democrats can be totally powerless against this.
00:12:57.000 One other thing that I think is a huge deal when it comes to Zelensky's panic.
00:13:01.000 This guy calling for security guarantees.
00:13:04.000 You know what security guarantees means?
00:13:05.000 It means we're going to have to go to nuclear war on behalf of Ukraine.
00:13:09.000 It's essentially what it is.
00:13:10.000 It's even worse than a NATO guarantee.
00:13:12.000 Now, we're never going to get a NATO guarantee.
00:13:14.000 Any of you who've heard any of my content, I think most of Charlie's content, you guys understand this, that Ukraine's always wanting to get into NATO. The Democrats want them in NATO because they just love Ukraine so much.
00:13:23.000 But once you're in NATO, it obliges all of us to go to war with Russia should Russia ever invade Ukraine.
00:13:29.000 Russia has always drawn that as a red line, and yet the Biden administration and much of the Democrats, even some establishment Republicans, have had that flirtation with Ukraine.
00:13:38.000 Never going to happen.
00:13:39.000 Trump will never allow for it.
00:13:41.000 He's too smart for that.
00:13:42.000 When Zelensky comes in, he starts demanding security guarantees.
00:13:44.000 That means he's demanding war, but it's even worse than the NATO thing because with NATO, at least people had to pay in.
00:13:50.000 Has Zelensky offered to pay in, by the way, if he does get into NATO? No, probably not, right?
00:13:57.000 It's just the thought of it is laughable.
00:13:59.000 He needs our money.
00:14:00.000 So here's the thing.
00:14:01.000 He wants us to defend him against nuclear Russia.
00:14:03.000 We're not going to do any of that.
00:14:05.000 But all this comes back to the fact that Donald Trump's policy is putting pressure on all the right people in so many different ways.
00:14:12.000 We're reaping so many benefits from it.
00:14:13.000 We're going to be seeing the economic boom.
00:14:15.000 It will get here.
00:14:16.000 It's coming.
00:14:17.000 Just be patient, those of you who are panicking today.
00:14:19.000 I don't think any of you are, though.
00:14:20.000 I think people get it.
00:14:21.000 I think people understand the level of 4-D chess Trump is playing is so much deeper than anything you're seeing from the Democrats.
00:14:27.000 Democrat senators are all saying the exact same thing.
00:14:31.000 About President Trump and Elon Musk.
00:14:33.000 Do you guys think that the attacks on Musk are working?
00:14:35.000 Please email me if you've got a thought on this.
00:14:37.000 Aloha to alexmarlow.com.
00:14:38.000 Because, you know, one thing that's so interesting about the Musk attacks is that it used to just be Trump.
00:14:43.000 They would pick a target.
00:14:44.000 They'd isolate it, personalize it, Saul Linsky style.
00:14:47.000 Now they got Trump and Musk, two people who are kind of untouchable.
00:14:51.000 Musk is world's richest man and also world's most prolific man.
00:14:56.000 He's doing the full DJ Khaled routine with his kids.
00:14:58.000 Another one.
00:14:59.000 Another one.
00:15:00.000 I think he's up to 14 now.
00:15:01.000 Is that true?
00:15:02.000 Is that confirmed he's at 14?
00:15:03.000 But anyway, the point is that I'm trying to make here is that these guys are very tough to touch.
00:15:08.000 Musk's popularity is very high.
00:15:10.000 Trump's popularity is above water.
00:15:12.000 It's up to plus 9% in a lot of polls, the highest I've ever seen for him.
00:15:16.000 And so just saying Trump, Trump, Trump like it's a swear word, Musk, Musk, Musk like it's a swear word, trying to call Musk a Nazi, they can't hang with this stuff.
00:15:24.000 None of this is going to counter the fact that he's bringing all these manufacturers.
00:15:29.000 He's provided hope that we're going to get out of all these foreign entanglements.
00:15:32.000 We're finally putting pressure on China.
00:15:34.000 We're finally cracking down on legal immigration, working to secure the border.
00:15:38.000 We're going to annex the great state of Canada, or do you think it'll be two states?
00:15:42.000 All right, we got it.
00:15:42.000 Let's play it.
00:15:43.000 108, roll it, guys.
00:15:44.000 When I win, I will immediately bring prices down starting on day one.
00:15:48.000 It's all the same script.
00:16:01.000 It's the same script.
00:16:02.000 It's all 22 Democrats.
00:16:04.000 Is this as lazy as it gets?
00:16:05.000 Yes, it is.
00:16:06.000 And they all think that if they just repeat a message enough that it'll get through the American public.
00:16:10.000 But don't underestimate this because this has worked in the past.
00:16:13.000 They did this with the Russian collusion hoax.
00:16:15.000 They did this with the Charlottesville hoax.
00:16:17.000 The find people on both sides myth that never happened.
00:16:20.000 The go find me 11,000 votes, that was another lie that didn't happen.
00:16:24.000 All these things, they are under the impression that if they lie the same way often enough, then enough ignorant people in the public will believe it.
00:16:32.000 The good news is I feel like people have wisened up.
00:16:35.000 They understand that this is all just a game.
00:16:37.000 It's all a ruse to try to get Democrat politics mainstreamed into the American culture.
00:16:42.000 So we still have to be on guard, though, to understand, don't underestimate your opponents.
00:16:47.000 It's always a mistake, but it's worth pointing out how lazy these people are, how they have no ability to think outside of some sort of a blob, Borg-like situation.
00:16:57.000 That's all they got.
00:16:58.000 It's not very much, but it's a little bit.
00:17:01.000 So I think Trump's got him where he wants him, but we'll see what he has got tonight at State of the Union.
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00:18:10.000 All right, guys, when I play that clip...
00:18:13.000 The content of it is less relevant than I think the optics.
00:18:16.000 They're all doing the same thing.
00:18:18.000 They're all in lockstep.
00:18:20.000 It is the point of the Democrats right now is that they're an inauthentic group of people.
00:18:24.000 They're trying to get people motivated because they're saying that you're a threat to their various groups and they act in group behavior.
00:18:32.000 They don't like the American individual.
00:18:34.000 Donald Trump's the quintessential American individual.
00:18:37.000 Musk is another one.
00:18:38.000 We're trying to elevate individuals.
00:18:39.000 One of the things I think makes America special is how we empower individuals.
00:18:43.000 Charlie's one of them.
00:18:44.000 Just a total classic, a one-of-a-kind.
00:18:45.000 They don't like that.
00:18:46.000 They like this groupthink.
00:18:48.000 And making fun of Musk because he had the chainsaw.
00:18:50.000 You guys know that the chainsaw was hilarious.
00:18:52.000 We're taking the chainsaw to government waste.
00:18:54.000 We are.
00:18:55.000 They're acting like the whole goal is tax cuts.
00:18:58.000 How often does Charlie come on the show talking about tax cuts?
00:19:00.000 Is it never or rarely?
00:19:02.000 See, I'm cool with tax cuts.
00:19:04.000 I like tax cuts.
00:19:04.000 It's not what we're all about anymore.
00:19:06.000 It's not what MAGA is all about.
00:19:08.000 We want to cut waste because what have we been funding in the past?
00:19:11.000 What was the USAID doing?
00:19:13.000 I've got a few of them in front of me.
00:19:14.000 A transgender opera in Colombia.
00:19:17.000 A transgender comic book in Peru.
00:19:19.000 We've got helping in Tajikistan, helping disabled people become climate leaders.
00:19:26.000 Come on!
00:19:27.000 Contraceptives in Taliban-controlled Afghanistan?
00:19:30.000 Of course the Taliban got some of that fun cut into for the other condoms that had to go to Mozambique.
00:19:37.000 Which remember that dunk on Musk in the Oval Office where they pointed out to Musk that the condoms are going to Mozambique and not to actual Gaza?
00:19:47.000 It's all crazy stuff.
00:19:48.000 This is what we're cutting.
00:19:49.000 And you don't get a permanent job just because you work for the government.
00:19:53.000 It's the same way in the private sector you don't get a permanent job.
00:19:56.000 And there's such an outrage that if you can't write down five things you did last week that were productive, then you do not deserve a job.
00:20:03.000 I think most Americans agree with this, and you have to be lied to by a lot of people very, very often for you to get convinced otherwise.
00:20:09.000 So that's the plan.
00:20:10.000 That's all they got.
00:20:11.000 I don't think it's very much.
00:20:12.000 All right, do we have John Carney with me?
00:20:14.000 John's our economic and finance editor.
00:20:16.000 At Breitbart News.
00:20:16.000 He is also the author of the Breitbart Business Digest, which I co-author with him, but he does the heavy lifting.
00:20:21.000 That's the open secret.
00:20:22.000 John is, I believe, the single most knowledgeable person on Maganomics.
00:20:26.000 John, it's great to see you in this context.
00:20:28.000 John and I speak, I would say, at least once a week, either on my show, The Alex Marlowe Show, or on our premium membership, Breitbart Confidential, at the Breitbart Fight Club.
00:20:35.000 Those of you who support us over there, I really appreciate it.
00:20:37.000 That's where you get an in-depth, deep dive with one of my consigliaries of Breitbart News, one of my cabinet secretaries, if you will, every single day.
00:20:45.000 Those are a blast.
00:20:46.000 John, we have slightly less time than usual.
00:20:49.000 We've got about 10 minutes here.
00:20:50.000 I want to just start with what is happening today, what has Trump done, and what is the reaction to it, both domestically and internationally?
00:20:59.000 Sure.
00:21:00.000 Today is the beginning of tariffs on Canada and Mexico.
00:21:06.000 Right after he came into office that he was going to impose a 25% tariff on Canada and Mexico unless they did a lot more to help at our border.
00:21:17.000 They need to help on fentanyl.
00:21:19.000 They need to help on illegal immigration.
00:21:22.000 What he said very recently was the announcements they had made were not enough.
00:21:28.000 That the time had run out and that the tariffs were going on on March 4th today and that there was no more room for delay at all.
00:21:39.000 Here it comes.
00:21:40.000 We still don't know exactly will they be 25 percent.
00:21:45.000 That's what he has said.
00:21:47.000 So that's, I think, the best bet right now.
00:21:49.000 But it could come in perhaps phased in a 10 percent tariff, maybe climbing up to 25 percent.
00:21:57.000 Maybe Mexico and Canada will do something at the last minute, but I think it's too late.
00:22:03.000 They had a month.
00:22:04.000 The tariffs were originally supposed to go on one month ago.
00:22:07.000 Trump said, I'll give you a month.
00:22:08.000 Come to me with what you have.
00:22:10.000 They made some announcements about putting troops on the border.
00:22:15.000 That obviously has not been enough.
00:22:18.000 And so Trump is saying the tariffs are going on.
00:22:21.000 There's also a 10% tariff that's going on on top of other tariffs on China.
00:22:26.000 But really what's happening today is a reaction to the Canada-Mexico tariffs.
00:22:33.000 They're huge trading partners.
00:22:34.000 The stock market does not like this, mainly because tariffs do not really get passed through to customers.
00:22:43.000 You hear that all the time.
00:22:45.000 Oh, it's going to raise prices.
00:22:46.000 If it just raised prices, this actually wouldn't hurt the stocks of companies at all because they were just passing through and their profits would remain the same.
00:22:55.000 What we're seeing is actually a confirmation of what we've been saying here at Breitbart all along, that the tariffs tend to be paid for either by the companies that are exporting into the US or by the companies that are importing.
00:23:08.000 In other words, they hit corporate profits rather than the prices on the store shelves.
00:23:15.000 Canada has reacted very badly to this.
00:23:18.000 They've announced that they are going to put on their own tariffs.
00:23:21.000 That's a foolish thing to do if you are dealing with Donald Trump.
00:23:25.000 Threatening back is not a good idea.
00:23:27.000 And frankly, they have a lot more to lose in this, and they are going to back down.
00:23:33.000 Mexico has tried to be more cooperative.
00:23:35.000 They've sort of led the way here.
00:23:36.000 I expect that they may announce some retaliatory tariffs.
00:23:41.000 But in the end, I think both Canada and Mexico realized that a 25% tariff on all of their imports, except for Canadian energy, that gets a smaller tariff, a 10% tariff.
00:23:54.000 We'll be very, very, very bad for their economies, and I think they'll back off.
00:23:58.000 I don't think we're going to see a trade war.
00:24:00.000 We may see a trade battle for a few days or a few weeks, but not a trade war, as people are putting it.
00:24:07.000 Well, I'm up for it, and as of today, the polls show the American people are up for it.
00:24:10.000 We're much more inclined to do this.
00:24:12.000 Why do you think the American people have shifted, and they're accepting of this, and they want to see this out, at least for now?
00:24:18.000 That's kind of the general consensus, poll-wise.
00:24:21.000 Yeah, I think they've come to the realization that Despite all of the rhetoric we heard over the past 25, 30, 40 years, frankly, about free trade, that the world trading system is nothing like free trade.
00:24:35.000 Countries have much higher tariffs than we do.
00:24:38.000 Countries have much bigger barriers to entry, non-tariff barriers, and that the US raising tariffs isn't the...
00:24:48.000 Beginning of a trade war, it's actually the U.S. responding to a trade war that's been going on for a long time, particularly with the Canadian and Mexican tariffs.
00:24:57.000 Look, we have a real problem.
00:25:00.000 We had millions of people coming across our southern border.
00:25:04.000 Mexico absolutely has to help us with that.
00:25:07.000 And I think Americans are okay with that.
00:25:10.000 They're willing to say, let's do the tariffs.
00:25:15.000 In order to get our borders secured, that's a very big priority for the Americans.
00:25:19.000 We saw that in all the polls.
00:25:21.000 Look, inflation and immigration were the two biggest issues in every poll taken of voters.
00:25:28.000 And so I'm not surprised that they're saying, yes, Mexico must help us or they will pay a consequence.
00:25:34.000 So one thing that I think a lot of people are probably wondering right now is that how much this is going to affect Americans in terms of prices, because this is one of Trump's biggest tasks is he's got to get prices down or at least slow inflation.
00:25:49.000 Tariffs don't cause inflation, but they could cause a one-time price hike.
00:25:53.000 And that's something that people are not going to have a lot of tolerance for, especially the media.
00:25:57.000 I think a lot of people at home are looking for Trump to drive down prices.
00:26:00.000 So what's the path here?
00:26:02.000 So I don't think we're going to see a big price increase.
00:26:06.000 Look, the Atlanta Fed just did a survey, a study, trying to determine how much prices would go up if tariffs were passed through 100% or even 50%.
00:26:19.000 I frankly think, actually, any pass-through is going to be much lower than that.
00:26:24.000 But even then, the pass-through...
00:26:26.000 Was very low.
00:26:28.000 So a 10% tariff does not result in a 10% price increase.
00:26:32.000 A 25% tariff does not result in a 25% price increase.
00:26:37.000 It's more like a 25% tariff, if half of that got passed through, would result in something like a 0.8% price increase.
00:26:47.000 So very, very small.
00:26:49.000 We're not talking about a revival of Biden inflation.
00:26:53.000 We're talking about a price increase that happens perhaps once and then doesn't happen again.
00:27:01.000 Remember what happened during the Biden inflation years.
00:27:04.000 It wasn't just that prices went up when we came out of lockdowns.
00:27:08.000 It's that they went up and then they kept going up week after week, month after month, year after year.
00:27:14.000 Okay, so what do you say to people who try to dunk on Trump and act like he has no idea what he's doing now because the Dow is down a little bit?
00:27:24.000 For me, from my vantage point, John, it seems like a win-win because we're already seeing all this evidence of people announcing massive levels of expansion into American manufacturing companies staying here because they don't want to get caught up in this trade war.
00:27:37.000 Also, we're not just trying to get – he's got a few missions here.
00:27:40.000 One of them is to get fentanyl out of our country.
00:27:42.000 One of them is to send a message.
00:27:47.000 What are your top arguments to people who are skeptical of what we're into right now?
00:27:57.000 Yeah, so you just sit on it.
00:27:59.000 Look, we have to send the world a message that we're not kidding around about this, that the free ride they've been getting with a broken U.S. trade policy is over.
00:28:07.000 The American people voted against that.
00:28:10.000 And I think that's one of the reasons we're seeing these huge investments come in, where companies are pledging hundreds of billions of dollars to build in the U.S. because they know this isn't really just about Donald Trump.
00:28:21.000 This is about a change in the way Americans look at global trade.
00:28:27.000 They're saying, so what companies, if they just thought they had to get through the next three years and then Donald Trump will go away and they wouldn't be investing hundreds of billions of dollars, they realize that the situation on the ground has changed and that we are now going to have much, we're not going to put up with what we did for, you know, basically throughout the Cold War and then afterwards.
00:28:52.000 The global trade regime is changing.
00:28:55.000 Companies are realizing this.
00:28:56.000 And look, yes, stocks are down, but you cannot allow the stock market to determine all of your policies.
00:29:05.000 Why even elect a president if you're going to do that?
00:29:07.000 I think in some ways this is a very good test.
00:29:10.000 If we were to back down in the face of stocks going down, what?
00:29:15.000 1.5%?
00:29:18.000 The Nasdaq was down 1% right before we went on air.
00:29:22.000 That's a bad day in the market, but it's not a catastrophe.
00:29:26.000 There's no way.
00:29:27.000 Right.
00:29:27.000 This is not some sort of massive global recession.
00:29:30.000 And what are we trying to do here?
00:29:32.000 We are trying to right some of the wrongs from opening up America to the Chinese market and getting completely rolled.
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00:30:51.000 So I'll share with you guys why I'm in for Charlie today.
00:30:54.000 Those of you who caught some of last week's shows, and I'm sure he brought up yesterday as well, that Charlie is heading to Gavin Newsom's podcast, which is very interesting to me as a California, and I lived in California most of my life, and I'm here now.
00:31:07.000 And Newsom is a true Charlotte.
00:31:10.000 He's one of these people who acts very slick, and he acts like he's very confident, knows what he's doing, but has a horrific record.
00:31:17.000 And he's always been this way.
00:31:18.000 I followed his career for an incredibly long period of time because of my interest in politics.
00:31:24.000 So over 20 years when he was kind of a junior guy in the Bay Area.
00:31:27.000 And he's always had this move where he could give a good speech.
00:31:30.000 He acts very compassionate.
00:31:33.000 He acts like he understands the issues.
00:31:34.000 But he doesn't actually have a lot of the substance.
00:31:36.000 So I'm very excited to see him debate Charlie, who is an expert debater.
00:31:41.000 And I have to say, a lot of these freaks that Charlie's been debating on college campuses are probably tougher debaters than Newsom.
00:31:47.000 So I think Charlie's going to do incredibly well.
00:31:49.000 But I hope what comes up is some of all the horrible things that Newsom has done while presiding over the state during the fires.
00:31:56.000 The fire budgets were cut in my area.
00:31:58.000 We did not clear brush, and then we were lied to about it.
00:32:01.000 We were told that local officials...
00:32:04.000 Officials need to figure out all the problems that were going on with regards to fire safety.
00:32:08.000 There have been no new reservoirs built in the state since, I'm sorry, there have been no new dams built in the state since Newsom's been in public life.
00:32:17.000 No new reservoirs in the LA area.
00:32:19.000 Famously, the reservoir near the Palisades fire was completely empty for maintenance that was long overdue and had not been completed.
00:32:28.000 But the thing that is most interesting to me is there's no culture of fire safety.
00:32:32.000 Because people in California have had this approach that we're only going to prepare for the best.
00:32:35.000 We're never going to prepare for the worst.
00:32:37.000 And because of that, we were completely caught off guard.
00:32:40.000 And now Newsom will have some vocabulary, ingress and egress.
00:32:44.000 So come with all these words they learned after the fire had already devastated people's lives.
00:32:48.000 And so he's just a terrible governor.
00:32:50.000 And he will give you the impression he cares.
00:32:52.000 He knows he's doing.
00:32:53.000 He doesn't.
00:32:54.000 And he wants to be president.
00:32:55.000 He wants to be president in four years.
00:32:57.000 That's what he's doing.
00:32:57.000 That's why he's trying to influence your strategy of podcasting.
00:33:00.000 And Charlie's a pro, so I can't wait to see how he does.
00:33:03.000 And we'll see you very soon.
00:33:04.000 All right, I brought up something earlier that is really important, that this Bridge-Colby confirmation that's going on right now.
00:33:12.000 He was introduced by J.D. Vance.
00:33:14.000 Vance gave a very positive and upbeat speech.
00:33:17.000 Kind of the highlights were that he is a big character advocate for Colby.
00:33:21.000 Colby is one of these guys where he's a conservative and he's an America First guy, but he also was correct on things like the Iraq War, which was very important to me.
00:33:30.000 When I was kind of realizing that I didn't quite line up with the Republican establishment.
00:33:35.000 My entire adult life, I've been a Republican.
00:33:38.000 I was registered as a Republican when I was 18. And I've never not been a Republican, but it's always been very reluctant.
00:33:43.000 And part of it is because our political class, our establishment.
00:33:47.000 It's always been so irresponsible.
00:33:48.000 The Paul Ryans of the world, the Mitt Romneys of the world, the Bushes, the Cheneys, all these people, you got the impression that they were in it for the wrong reasons, and their values were not exactly where I was at.
00:33:58.000 And when very smart conservatives started to explain to me just what a quagmire and a boondoggle the Iraq and Afghanistan wars had become, how much was being wasted, and how much of the money was being misallocated in places that would enrich certain Informative to me.
00:34:17.000 It changed my worldview a lot.
00:34:19.000 And Rich Colby is one of those guys.
00:34:21.000 He's one of those guys who's understood that for a long time.
00:34:24.000 And a lot of you are in Charlie's audience.
00:34:26.000 You guys are the hardcores.
00:34:27.000 You know this stuff to be true.
00:34:28.000 But having grown up in the sort of George Bush era of Republican politics, we were all sold these wars.
00:34:35.000 And even some of us who were 17, 18 years old being told how important it was for America to go to Afghanistan, Iraq, and spend all this blood and treasure.
00:34:45.000 This was a guy who...
00:34:46.000 There's a conservative who is there who is holding up his hand and politely saying, no, that's not it.
00:34:51.000 That's not what this is all about.
00:34:52.000 And those are the type of guys who need to be in our Department of Defense.
00:34:55.000 They're, I think, going to make it more likely.
00:34:59.000 Guys like Colby, guys like Hegsess, who are going to make it more likely that we're going to have a recruiting boon for this country, where we're going to be able to have some of the best and brightest, because they're going to have confidence.
00:35:09.000 Confidence is going to be restored.
00:35:10.000 Look at it about how people talk about vaccines now.
00:35:13.000 The overselling the coronavirus vaccine made it so that there's going to be massive skepticism of...
00:35:18.000 Even basic medical stuff that it was presumed to be true.
00:35:22.000 One thing that Colby can do is he can, I think, reassure people that there are adult, safe pair of hands who are involved in our major foreign policy decisions as well as defense decisions where we're spending our budgets, where we're focusing on things that will hold accountable the people who have been part of this establishment, permanent political bureaucratic class in Washington.
00:35:44.000 We got some audio of him from his hearing.
00:35:47.000 Let's play some of this.
00:35:48.000 Let's play cut 105. Let's see what that sounds like, guys.
00:35:52.000 I would like to begin by expressing my deep gratitude to President Trump for nominating me for this role.
00:35:58.000 I am committed to implementing his vision of a defense and foreign policy of putting Americans' interests first and of peace through strength.
00:36:07.000 I am deeply honored by the President's confidence in me.
00:36:10.000 Thank you in particular to Vice President Vance for his exceptionally kind introduction and his confidence.
00:36:17.000 I am profoundly honored by his support and presence here today.
00:36:21.000 Okay, great.
00:36:22.000 We got one more.
00:36:23.000 Let's play 106, please.
00:36:24.000 And my nomination comes at a time, as this committee has eloquently laid out, of deep peril for our country.
00:36:30.000 Peace and the protection of American interests in the world cannot be assumed.
00:36:34.000 There is a real risk of major war, and we cannot afford to lose one.
00:36:38.000 I recognize these realities in my bones.
00:36:41.000 It is my great hope that we can get through the coming years peacefully, with strength.
00:36:46.000 In ways that put us and our alliances on a stronger and more sustainable footing.
00:36:50.000 If confirmed, I would do all in my power to make it so.
00:36:54.000 Yeah, it's all great stuff, and it's all the America First focus is what we want, and the Peace Through Strength approach is what we want.
00:36:59.000 And I feel like that this has been the crucial thing that has been lacking, I think, why the marrying of America First with Doge is so important, because a lot of what we need to be doing As a country, in order to be prepared for the next war, is to make sure that the funds that we are extracting at gunpoint from taxpayers...
00:37:20.000 It's not going in the pockets of people like the Lloyd Austins of the world who are in a revolving door from places like Raytheon into our defense department and then back, presumably, to some board to make a bunch of money.
00:37:32.000 That's not what it's about.
00:37:33.000 It's about making sure we have the cutting-edge technology, that we have the best intelligence, that we have integrity with the American people so that the money is being spent in a wise way, and that we're focusing on the things that are the true threats to us, and we have the technology updated so that we can take on...
00:37:49.000 Not just foes from the past, but what is coming next for this country.
00:37:53.000 And I like these forward-thinking guys, people who've had a track record of getting stuff right before the rest of us.
00:37:58.000 Those are the type of people you want in the room.
00:38:00.000 And so that's why people that I know, the people that I trust, are excited about this appointment.
00:38:04.000 I think that's why Charlie has rode so hard for Bridge Colby, why people like Don Jr. and others.
00:38:10.000 J.D. Vance, of course, introduced him today with, I thought, a very poignant speech.
00:38:16.000 All this is good stuff, and it shows you that America First is not just a campaign promise.
00:38:20.000 This is the real deal.
00:38:21.000 Thanks, everyone, for listening.
00:38:23.000 If you want to support me, please subscribe to The Alex Marlowe Show and head over to Breitbart.com and join our Fight Club, which is our premium membership.
00:38:29.000 All that would be really terrific and a great way to support some real fighters who've been in it for a long time and are creating content that hopefully you'll all enjoy.
00:38:38.000 Thanks again to Charlie and Andrew and the whole crew.
00:38:40.000 I love doing this show, and I'll talk to you next time.