Verdict with Ted Cruz Tariffs!-Mexico, Canada & China-What's It Mean for You? plus Kash Patel Shines at Hearing
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Feb 3, 2025 Explore the new tariffs on imports from Mexico and Canada and their potential fallout on American agriculture. Delve into the effects of tariffs on trade policy, particularly regarding China, and how they could influence gas prices. Examine the recent Senate confirmation hearings, including the strategies used by political nominees to navigate tough questions. Finally, catch up on political dynamics and the impact of current events on international travel, especially regarding flights to Israel.
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Trump's Tariff Strategy
- Trump uses tariffs for leverage and as a long-term revenue stream.
- He views the China tariffs as a way to decrease production there and move it to the US.
Tariff Timeline Prediction
- Ted Cruz predicts the Mexico and Canada tariffs will be lifted in approximately 36 days.
- He believes this will happen after these countries make concessions on border security.
Canadian Energy Minister's Warning
- Ted Cruz recounts a meeting with the Canadian energy minister.
- The minister warned that a 25% tariff on Canadian oil and gas could increase US gas prices by 80-85 cents/gallon.