Apr 042025
 
 April 4, 2025  Posted by at 9:14 am Finance Tagged with: , , , , , , , , , , , ,  57 Responses »


Pablo Picasso Portrait of woman in wheelchair 1936

 

This Is Good. Very, Very Good. (CTH)
Beijing Slams Trump’s “Unilateral Bullying” Tariffs, Signals Retaliation (ZH)
President Trump Ends Duty-Free De Minimis Treatment for All Chinese Goods (CTH)
World Leaders React To Trump’s Tariff Onslaught (RT)
Here’s Why Trump Will Win the Tariff Standoff (Margolis)
Kevin O’Leary Slams Canada’s ‘Sheer Stupidity’ in Trade Standoff With Trump (Margolis)
How Could Trump Tackle Trap Set Up by Europe? (Sp.)
Trump Teases Bombshell DOGE Finding: ‘What They Found Is Incredible’ (ZH)
Trump Tariffs Breach NATO Rules – Norway (RT)
Putin, Zelensky Ready To Make A Deal – Trump (RT)
Putin Envoy Visits Washington (RT)
Third Parties Attempting To Derail US-Russia Talks – Putin Envoy (RT)
House Panels Press Probe of ActBlue Campaign Fundraising Operations (Adams)
Dr. Oz Will Save Medicare, Strengthen Medicaid, Secure a Healthier America (DS)
War With Iran ‘Almost Inevitable’ – France (RT)
Hungary to Abandon ICC Over Concerns of Political Bias – Orban (Sp.)

 

 

 

 

WH tariffs

Batya Ungar-Sargon
https://twitter.com/DC_Draino/status/1907606593509769654

Lutnick

https://twitter.com/TONYxTWO/status/1907779787730378838

BeckBoasberg

KUHN

Vance

Bernie
https://twitter.com/mazemoore/status/1907883583228051964

Beck

 

 

 

 

What Marine Le Pen and Trump’s tariffs have in common is they are both anti-globalist. The world is changing and everyone will have to adapt.

Here is “sundance” the lawyer:

This Is Good. Very, Very Good. (CTH)

If it was weak, I would tell you it was weak. If it was a construct that contained dangerous consequences, I would warn you of them. If this trade/tariff regime was going to be harmful to the economy I would say so. This global trade reset (as outlined) doesn’t create doom – not even close, it creates discipline. What we’re seeing isn’t a reckless trade war. It’s a strategic recalibration targeting the structural imbalances that hollowed out American industry. The tariffs are reciprocal, calculated based on actual trade deficits. That’s not random or punitive—it’s mathematically fair. And they’re targeted: this isn’t a broad tax on everything. The focus is on finished goods, not the raw materials and components we need to build here. That protects domestic production and supply chains—not disrupts them.

Some worry this will destabilize capital markets. But this plan doesn’t touch interest rates, credit channels, or core financial plumbing. It doesn’t burden U.S. manufacturers or trigger input price spirals. Quite the opposite—it creates revenue and predictability; two things capital markets thrive on. It also closes loopholes like de minimis, reins in corporate arbitrage, and forces trading partners to play fair. If that creates discomfort for companies built on outsourcing and imbalance, that’s not doom. That’s a long-overdue correction. This isn’t the collapse of global trade. It’s the end of surrender and the beginning of mutual accountability.

This is good. Very, Very good.

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China had it good for a few decades. So of course they’re not rejoicing today.

“The era of Asia’s export manufacturing-led development has come to an end, and the region will need to develop markets closer to home.”

Beijing Slams Trump’s “Unilateral Bullying” Tariffs, Signals Retaliation (ZH)

President Trump’s late afternoon announcement on Wednesday—”Liberation Day”—unveiled a far more aggressive tariff policy than top Wall Street analysts had anticipated, prompting panic dumping in global equities and futures markets overnight. Of particular concern is Trump’s stance toward China. The total effective tariff rate on Chinese imports surged to 54%, a dramatic increase of 34% from the previously imposed 20% in additional levies tied to fentanyl and earlier duties. Trump’s Liberation Day has drawn swift condemnation from Beijing, which has described the escalating tariff war as “unilateral bullying.” Nikkei Asia quoted China’s Ministry of Commerce, warning that it “firmly opposes” Trump’s tariffs and “will resolutely take countermeasures to safeguard its own rights and interests.”

The Commerce Ministry noted that the US “ignored” the benefits of a global trading system, adding, “The so-called ‘reciprocal tariffs,’ which are based on subjective and unilateral assessments by the United States, are not in line with the rules of international trade, seriously jeopardize the legitimate rights and interests of the parties concerned, and are typical of unilateral bullying.” The ministry did not discuss specifics on the countermeasures. A ministry spokesperson told reporters that Beijing hopes to “resolve various issues through equal consultation.” In other words, it’s just a matter of time before Beijing mounts a countermeasure against the US, whether that’s targeted tariffs, export controls, or other measures (such as targeting US Big Tech). Or as we’ve recently seen: Beijing Derailing Panama Port Deal.

Guo Jiakun, a spokesperson for China’s Ministry of Foreign Affairs, sang the same tune: China “firmly opposes” Trump’s trade war escalation, which “seriously undermines” the rules-based global trading system. He urged Washington to resolve trade differences through talks. However, President Trump tried that with the Chinese Communist Party in his first term with the so-called “Phase One” agreement. Beijing committed to purchasing $200 billion of additional US exports. Yet, the phase one deal with the CCP was derailed by Covid disruptions. The Trump administration’s goal with reciprocal tariffs against literally the entire world, including some cases of near triple-digit reciprocal tariffs that will lead to a historic emerging markets shock, is to reverse a half-century or more of de-industrialization policies in the US that have hollowed out the nation’s core and produced a national security threat as the world fractures into a bipolar state.

In financial markets, the People’s Bank of China set the daily reference rate for the yuan at 7.1889 per dollar, weakening the currency. This allows the yuan to depreciate and support export competitiveness. A move like this will only draw accusations of currency manipulation from Trump. “We maintain our view that the PBOC will not allow a sharp [yuan] depreciation given capital outflow risks and the government’s objective to restore confidence in the Chinese economy,” HK Mizuho Securities analyst Ken Cheung wrote in a note earlier. Goldman analysts Andrew Tilton and others told clients:

“On April 2, President Trump announced “reciprocal” tariffs on trading partners with exclusion of products that are subject to sectoral tariffs, resulting in what we estimate to be an increase of 26pp in the average effective US tariff rate on China, which would bring the total effective tariff rate on Chinese goods to 58%. This is much higher than we and the market had expected. Similar to the experience when the previous two 10% tariff increases were imposed on China earlier this year, we think the Chinese government is likely to retaliate with some targeted tariffs on US products as well as non-tariff measures like export controls.

We expect policymakers to continue to resist significant CNY depreciation. We believe the government will step up easing measures to offset the additional growth drag from higher tariffs. We are not changing our 2025 full-year GDP growth forecast of 4.5% at this time due to better-than-expected Q1 data and increased policy easing expectations, as well as remaining uncertainties regarding whether some of the tariffs could be negotiated down in the coming months. That said, we acknowledge downside risk from slowing global growth after the large, across-the board US tariff increases.”

S&P Global Ratings credit analyst Ming Tan warned that Trump’s tariffs could exacerbate China’s weak economy: “The drag on China’s economy from higher tariffs will transmit to banks. We expect problem loans will rise over the next few years and could leap as high as 6.4% of total loans in a downside scenario.” Fred Neumann, chief Asia economist at HSBC, had a big-picture view for clients: “The era of Asia’s export manufacturing-led development has come to an end, and the region will need to develop markets closer to home.”

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No paper work for cheap trinkets picked up on a holiday. Makes sense. But when it becomes anything under $800, that sense changes profoundly. Now we’re talking laptops.

President Trump Ends Duty-Free De Minimis Treatment for All Chinese Goods (CTH)

The de minimis loophole comes from back in the 1930s. The idea back then was, say you went on a vacation to Paris, you shouldn’t have to file customs paperwork or pay taxes if you decided to ship some little Eiffel Tower statues to your friends back home. Congress in 2015 then raised the de minimis threshold from $200 to $800. However, the e-commerce world exploded, and Chinese companies began using the de minimis loophole to ship cheap goods (ex. Temu and Shein) into the USA direct to consumers without paying any customs duty. Yesterday as part of the global trade reset and tariff structure, President Trump revoked authorization for Chinese goods to transfer to the USA using the de minimis rule.

The de minimis exemption has been cancelled for all products coming out of China. The rule change only targets China and Chinese shippers. No one else. The minimum duty is $25, and the tariff rate is 30% for all products mailed from China into the USA that previously qualified under the de minimis rule. Beyond tariffs or sector specific countervailing duties, the removal of China to use the $800 de minimis exemption will destroy their economy. There is no way for manufacturers in China, marketed into the USA, to be able to survive if they are forced to collect and organize the requirements for U.S. custom and import duties. They will simply dissolve.

FACT SHEET – […] “Following the Secretary of Commerce’s notification that adequate systems are in place to collect tariff revenue, President Trump is ending duty-free de minimis treatment for covered goods from the People’s Republic of China (PRC) and Hong Kong starting May 2, 2025 at 12:01 a.m. EDT. Imported goods sent through means other than the international postal network that are valued at or under $800 and that would otherwise qualify for the de minimis exemption will be subject to all applicable duties, which shall be paid in accordance with applicable entry and payment procedures. All relevant postal items containing goods that are sent through the international postal network that are valued at or under $800 and that would otherwise qualify for the de minimis exemption are subject to a duty rate of either 30% of their value or $25 per item (increasing to $50 per item after June 1, 2025).

This is in lieu of any other duties, including those imposed by prior Orders. Carriers transporting these postal items must report shipment details to U.S. Customs and Border Protection (CBP), maintain an international carrier bond to ensure duty payment, and remit duties to CBP on a set schedule. CBP may require formal entry for any postal package instead of the specified duties. The Secretary of Commerce will submit a report within 90 days assessing the Order’s impact and considering whether to extend these rules to packages from Macau.”

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They can all make the deal to abolish their own tariffs.

World Leaders React To Trump’s Tariff Onslaught (RT)

US President Donald Trump on Wednesday rolled out a sweeping new wave of “reciprocal tariffs” as part of his so-called “Liberation Day” plan, sparking concerns over a potential global trade war. Trump announced that Washington would impose tariffs ranging from 10% to 49% on all countries based on the principle of reciprocity, declaring it a day of economic independence for the United States. Trump said the tariffs would be used to boost US manufacturing and that the measure would “make America wealthy again.” Many countries have reacted with dismay and have pledged retaliation. While a 10% base tariff was applied to all imports, many of the top US trading partners were hit with much steeper duties.

China China – branded one of the “worst offenders” by Trump – was hit with a new 34% tariff on its goods, in addition to an existing 20% levy, raising total duties to at least 54%. The US decision ignores the balance of interests established through years of multilateral trade negotiations and overlooks the fact that it has long reaped significant benefits from global trade, the Chinese Commerce Ministry said in a statement on Thursday. “China firmly opposes this and will take countermeasures to safeguard its own rights and interests,” the ministry said. “There are no winners in trade wars, and there is no way out for protectionism. China urges the US to immediately lift unilateral tariffs and properly resolve differences with its trading partners through dialogue on an equal footing,” the ministry added.

Canada Canada, already subject to US tariffs, was spared the additional 10% baseline tariffs applied to many other countries due to its membership in the US-Mexico-Canada Agreement (USMCA). It’s unclear how much last week’s “extremely productive” call between Trump and Canadian Prime Minister Mark Carney influenced the decision to grant Canada a reprieve. Last month, Trump imposed a 25% tariff on Canadian goods and 10% on energy products, citing concerns over drugs and migrants crossing the border. Exceptions were made for importers who can prove their products comply with USMCA. Carney stated that while Trump had preserved key aspects of the commercial relationship between Canada and the US, the tariffs on steel, aluminum, and automobiles were still coming into effect. “We are going to fight these tariffs with countermeasures, we are going to protect our workers, and we are going to build the strongest economy in the G7,” Carney said.

Mexico Another major US trade partner, Mexico, also avoided Trump’s global tariff. The US president had earlier slapped 25% tariffs on its southern neighbor, citing failures to address migration and fentanyl trafficking, but later carved out exemptions for USMCA-compliant goods. Mexican President Claudia Sheinbaum said the country has no plans to impose retaliatory tariffs on the US and will “announce a comprehensive program, not a tit-for-tat on tariffs.” “Let’s see what announcement they make, but we have a plan to strengthen the economy under any circumstance,” Sheinbaum added.

EU European Commission President Ursula von der Leyen described the universal duties as a “major blow to the global economy.” She claimed that a new 20% US tariff on the EU would see “uncertainty spiral,” causing “dire” consequences “for millions of people around the globe.” The move will “trigger the rise of further protectionism,” von der Leyen argued, warning that the bloc is prepared to respond. “If you take on one of us, you take on all of us,” she stated. Echoing her remarks, European Council President Antonio Costa said a trade war between the EU and the US would “affect everyone,” and called Trump’s decision a “major economic mistake.” Italian Prime Minister Giorgia Meloni, a close ally of Trump, criticized the decision as “wrong” but expressed her commitment to negotiating a deal with the US to “prevent a trade war.”

In Germany, the EU’s major economic powerhouse, which has been grappling with a downturn over the past two years, Economy Minister Robert Habeck slammed the US “obsession” with tariffs, warning that it “could put a spiral in motion that can tear countries into recession.” In France, President Emmanuel Macron is set to convene representatives from all business sectors affected by the import tariffs as producers are already counting future losses. Sales of French wine and spirits are expected to drop by at least 20% in the US, spirits exporters group FEVS told Reuters.

“We are indeed going to see an adverse effect on production,” French government spokeswoman Sophie Primas told broadcaster RTL. Trump “thinks he is the master of the world” but the EU is “ready for this trade war” and has a “whole range of tools,” she insisted. The sweeping tariffs will put jobs at risk on both sides of the Atlantic, according to Irish Taoiseach (Prime Minister) Micheal Martin, who believes there is “no justification for this.” Goods from Ireland will be hit with a 20% tariff as part of measures Trump has imposed on the EU. “More than €4.2 billion worth of goods and services are traded between the EU and the US daily. Tariffs drive inflation, hurt people on both sides of the Atlantic, and put jobs at risk,” Martin said.

UK Britain was hit less hard than most other countries with a 10% duty imposed on its exports. Prime Minister Keir Starmer said “nobody wins in a trade war” and vowed to “fight for the best deal for Britain.” He argued that there’s a “range of levers at our disposal” stressing, however, that the UK’s “intention remains to secure a deal” with the US. ‘Reciprocal’ duties, action against ‘pathetic’ EU: Key points from Trump’s global tariff announcementREAD MORE: ‘Reciprocal’ duties, action against ‘pathetic’ EU: Key points from Trump’s global tariff announcement

Japan Japan has “serious concerns” about the consistency of Trump’s tariffs with the WTO agreement and the Japan-US trade deal, Prime Minister Shigeru Ishiba said in a statement. Japanese Trade Minister Yoji Muto described the measures as “extremely regrettable” and stated that all options were under consideration. When asked whether Japan would retaliate against the 24% tariff imposed by the US, he said: “We need to decide what is best for Japan, and most effective, in a careful but bold and speedy manner.”

Israel Economic officials in Israel, a key US ally, were reportedly in “complete shock” over the 17% tariff imposed by Trump, according to local media. The country had eliminated all tariffs on American imports ahead of the announcement to ensure that Israel was exempt from new levies. “We are working to understand the motivation behind this move,” Ron Tomer, president of the Manufacturers Association of Israel, said on Wednesday.

Ukraine The new 10% tariff announced by Trump on Ukrainian imports is “economic cynicism,” said Daniil Getmantsev, head of the Ukrainian Parliament’s Finance Committee. According to Getmantsev, the levy is unlikely to have a major negative impact on Ukraine, given the relatively small exports to the US. “But imposing such tariffs when our trade balance with the US shows a $2.6 billion deficit is, frankly, economic cynicism of the highest order,” he added.

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“Well, I would say they’ve been doing it to us for a long time. And, if they don’t like tariffs, then why do they have them?”

Here’s Why Trump Will Win the Tariff Standoff (Margolis)

Treasury Secretary Scott Bessent made it clear in an interview with CNN that the era of trade imbalances is over, and under President Trump, the U.S. will no longer tolerate unfair treatment. During a discussion with CNN’s Kaitlan Collins, Bessent confidently explained the administration’s position on tariffs and trade policy, signaling that Trump’s economic strategy is deliberate and well thought out. When pressed on how the administration’s policies could impact the auto industry, particularly regarding vehicles made with foreign parts, Bessent was blunt. “If half the cars coming into the United States are foreign-made, that’s hard to turn around overnight, as you know,” Collins said. “So what would you say to people in the auto industry who are worried about that timeline and how quickly that could shift?”

“Buy American,” Bessent said bluntly. He also clarified that the United States-Mexico-Canada Agreement (USMCA) exempts certain vehicles and parts from the new tariffs. Collins attempted to raise concerns from U.S. allies, questioning what the administration would say to countries like South Korea and Japan, which are now facing increased tariffs. Bessent’s response was direct: “Well, I would say they’ve been doing it to us for a long time. And, if they don’t like tariffs, then why do they have them?” His answer underscored the administration’s stance that America has been on the losing end of trade deals for too long.

As for whether the tariffs should be considered permanent, Bessent took a wait-and-see approach. “I think we’re gonna wait and see how this plays out,” he explained, suggesting that adjustments could be made based on how the policy unfolds. Collins also asked about the possibility of retaliation from other countries. Some foreign leaders have hinted at potential countermeasures, while others have opted to observe before making a move. Bessent urged patience. “One of the messages that I’d like to get out tonight is everybody sit back, take a deep breath, don’t immediately retaliate, let’s see where this goes. Because if you retaliate, that’s how we get escalation.”

When Collins pressed him on whether such escalation could turn into a full-fledged trade war, Bessent dismissed the idea. “Not a trade war. Depends on the country,” he said, before explaining that history favors the United States in such disputes. “Remember that the history of trade is, we are the deficit country. The deficit country has an advantage,” he explained. “[The others] are the surplus countries. The surplus countries traditionally always lose any kind of a trade escalation.”

His message to foreign governments was clear: Acting hastily would be a mistake.“ As a student of economic history or a professor of economic history, I’d advise against it,” he said. When Collins sought further clarification, he reinforced the point: “I would say that doing anything rash would be unwise.” Bessent’s remarks leave no doubt that Trump’s trade policies are rooted in historical precedent and strategic calculation. While globalists may panic, the Trump administration remains confident that America is in a stronger position than its trade partners. And history is on our side. Bessent’s message is clear: Trump knows exactly what he’s doing.

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Carney has elections coming. And his party polls great on anti-Trump thetoric. But he’ll still have to walk it back.

Kevin O’Leary Slams Canada’s ‘Sheer Stupidity’ in Trade Standoff With Trump (Margolis)

Famed entrepreneur and “Shark Tank” star Kevin O’Leary eviscerated Canada’s leadership for its defiant stance against U.S. trade policies, calling the rhetoric from Interim Prime Minister Mark Carney “sheer stupidity” and warning that the country is in no position to win a trade war with President Trump. Speaking on CNN, O’Leary, who is himself Canadian, reacted to Carney’s inflammatory remarks. The prime minister declared, “We are cutting off all ties to the United States. There’s no cooperation anymore.” O’Leary dismissed the statement as political posturing with no basis in economic reality. “That, of course, is sheer stupidity,” he said. “Seventy-five percent of the output of the Canadian market for over a hundred years has been sold to the U.S., and 17 states in the U.S. call Canada their number one trading partner.”

O’Leary pointed out that despite Carney’s tough talk, Canada is economically dependent on the United States and cannot afford to play a game of brinkmanship with its largest trading partner. He argued that Carney’s remarks were more about political theatrics than sound economic policy. “If you wanna be tough and you wanna sound important and you’re trying to get elected and you’re the only person that can save every Canadian from the evil Trump, that’s exactly what you say,” O’Leary said, accusing Carney of exploiting anti-Trump sentiment to bolster his own political image. He likened Carney’s rhetoric to that of Trump trade advisor Peter Navarro, who has declared that U.S. tariffs would remain in place indefinitely. O’Leary was equally dismissive of such claims, calling them nothing more than political noise meant to rally supporters rather than provide real solutions.

“Navarro’s saying the same thing. ‘These tariffs are in perpetuity. We will fix this. We will push back the world’. All of this rhetoric and noise, it’s not the signal.” O’Leary argued that the best path forward would be a trade framework in which tariffs are removed entirely. “It’s all noise. And in the end, I think everybody’s better off if we get to reciprocal tariffs of zero,” he said. I think we all know that this is Trump’s goal, too. He wants free trade to actually be free trade. O’Leary emphasized that serious investors like himself look at the long-term picture rather than get caught up in the short-term panic created by political leaders. “So the countries you care about, that you wanna do business with, you end up with zero tariffs and you support a free trade mandate. It’s very hard to see that outcome in the cloud we’re in right now and all the rhetoric and jawboning, but if you’re an investor like I am, you think long term.”

While some have expressed concerns about rising inflation and housing prices, O’Leary cautioned that such economic shifts take time to unfold. “Not two weeks, not two months,” he said, pushing back against the notion that immediate catastrophe was looming. O’Leary noted that similar political grandstanding is happening in other countries as well. “Britain’s doing the same thing right now,” he pointed out. “You should hear the rhetoric in London today.” Ultimately, O’Leary was confident that the current wave of economic fearmongering would subside. “It too will pass,” he concluded, reinforcing his belief that Canada’s leadership needs to drop the empty threats and focus on practical solutions.

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“..the US’s Cold War era-based foreign policy perfectly suits European elites, who want Trump back into “the fold of the historical West..”

How Could Trump Tackle Trap Set Up by Europe? (Sp.)

The US president earlier said that “from the standpoint of America, the EU treats us very, very unfairly, very badly. The US’s European allies set up a trap for the Trump administration to contain its “drastic” foreign policy shift, Alexander Yakovenko, Deputy Head of Rossiya Segodnya International Media Group, told Sputnik. Trump could get out of the trap if he “masters enough political will” and doesn’t “put up with the US foreign policy strategy of the Cold War era”, Yakovenko, who is also head of the Russian Security Council’s Expert Advisory Committee on global problems and international security, stressed. The expert noted that the US’s Cold War era-based foreign policy perfectly suits European elites, who want Trump back into “the fold of the historical West, as we have known it over the past 80 years.” The European elites are unwilling to change “their mentality and their worldview, they’d rather live in the world of their own, which I think doesn’t exist any longer,” Yakovenko emphasized.

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“President Trump had the courage to allow us to go across databases. He signed an executive order. It’s never been done before, where agencies could talk to each other and databases could talk with each other.”

Trump Teases Bombshell DOGE Finding: ‘What They Found Is Incredible’ (ZH)

President Donald Trump teased another explosive revelation from the Department of Government Efficiency (DOGE), as Democrats and legacy media escalate their ongoing campaign against the cost-cutting initiative and its leader, Tesla CEO Elon Musk. While speaking with the press aboard Air Force One en route to South Florida for the weekend, Trump said: “They found something today that’s horrible,” adding. “You’ll find out very soon. What they found is incredible.” Trump also gave Musk credit for his leadership at the Department of Government Efficiency (DOGE), which has so far achieved an estimated savings of $140 billion, amounting to roughly $869.57 per taxpayer.

“Elon is fantastic,” the president said. “He’s a patriot. He found millions of dollars of fraud.” “He loves the country that’s why he does it,” he added. Addressing speculation about Musk’s future, Trump responded to reporters, “I want him to stay as long as possible.” The president also commented on the recent wave of violent attacks targeting Tesla vehicles and dealerships, incidents he has previously labeled as “terrorism.” “It’s a shame what they are doing with his car company,” he said. “It’s a great car, great product.” According to a since debunked Politico report citing unnamed sources, Trump has privately indicated to close associates that Musk plans to scale back his involvement as an advisor in the near future. While Musk and the White House denied the report, Trump told reporters on AF1 that “Elon is fantastic,” but he has “a number of companies to run.”

“I want him to stay as long as possible,” said Trump. “There’s going to be a point where he’s going to have to leave.” Over the weekend, at a Wisconsin rally aimed at boosting voter turnout, Musk and DOGE volunteer Antonio Gracias disclosed that millions of noncitizens were granted Social Security numbers under former President Joe Biden’s administration. They presented a chart illustrating a consistent annual rise, peaking at over 2 million in FY 2024, which concluded on September 30. In both FY23 and FY25—the latter starting in October and running through September of this year—approximately 1 million noncitizens received Social Security numbers.

“None of this would have happened without President Trump,” Gracias told Fox News. “President Trump had the courage to allow us to go across databases. He signed an executive order. It’s never been done before, where agencies could talk to each other and databases could talk with each other.” “That allowed us to connect all this data, to find these people across the system, across the benefit system, all the way to the voting records. It really took a lot of courage,” he added. Now the question is; what’s this ‘horrible’ thing DOGE found? And is it just a ‘LOOK, SQUIRREL!’ to distract from all the ‘fun’ we’re having in response to new tariffs?

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US must make Norway rich because they’re both in Nato?!

Trump Tariffs Breach NATO Rules – Norway (RT)

Recently imposed US tariffs could breach NATO’s founding principles by undermining economic cooperation among allies, Norwegian Foreign Minister Espen Barth Eide has said. He raised the issue during the NATO foreign ministers’ meeting in Brussels on Thursday, public broadcaster NRK has reported. The official reportedly pointed to Article 2 of the North Atlantic Treaty, which commits members to strengthen economic ties to foster peace and stability within the alliance. “If you want a strong NATO, you should ensure that there is as much economic growth as possible in the NATO countries,” NKR quoted him as saying. “That was the insight of those who established NATO, that economic cooperation would be good for the entire alliance,” the diplomat added.

According to the outlet, Eide raised the matter directly with US Secretary of State Marco Rubio during the meeting, saying “We must be clear that protectionist measures between allies are a serious problem.” On Wednesday, US President Donald Trump announced sweeping tariff increases on numerous trading partners, including NATO countries. Norway is among those affected, facing a 15% duty on selected exports to the United States. Norwegian Prime Minister Jonas Gahr Store told NKR on Thursday that Oslo would seek to negotiate with the US over the tariffs.

“This is bad news, it is very serious,” Store said. “There is an opening for negotiations here, the Americans say, and we will use that in every possible way that we can,” he added. Trump’s announcement has sparked concern across the EU, with several NATO allies voicing fears that the tariffs could harm both trade and alliance unity. French President Emmanuel Macron has called the tariffs “brutal and unfounded,” and warned that retaliation could include a digital tax on American tech companies.

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“Europe has not been successful in dealing with President Putin, but I think I will be successful.” Well, to be honest, Europe is not trying.

Putin, Zelensky Ready To Make A Deal – Trump (RT)

The leaders of Russia and Ukraine are ready to make a peace deal, US President Donald Trump claimed on Thursday. He has been trying to broker a ceasefire between the two neighbors since February. A reporter asked Trump on Air Force One about his communication with Ukrainian leader Vladimir Zelensky. “I think he’s ready to make a deal. And I think that President [Vladimir] Putin is ready to make a deal,” Trump said. He declined to go into specifics but added that the US was having “a lot of good conversations about Ukraine and Russia.” “We like to see [the conflict] stopped as soon as possible because thousands of people have been killed in a week,” Trump said. “Europe has not been successful in dealing with President Putin, but I think I will be successful.”

Trump made his comments as Putin’s investment envoy, Kirill Dmitriev, traveled to Washington, where he reportedly met with America’s Middle East envoy, Steve Witkoff. The sides mostly continued discussing steps to normalize bilateral relations frozen by the Biden administration in 2022, Dmitriev told reporters on Thursday evening. He noted the “positive dynamic” of the talks, adding that more meetings need to take place to resolve the differences. Trump’s Ukraine envoy, Keith Kellogg, told Fox Business on Wednesday that Trump has been “frustrated” with both Putin and Zelensky. He remained optimistic about the negotiations, saying that the sides were “on the precipice” of a comprehensive ceasefire.

Moscow has accused Kiev of multiple violations of the energy truce brokered by Trump last month. According to the Russian Defense Ministry, the Ukrainian troops struck fuel depots, gas facilities, and the electrical grid, despite promising to respect a 30-day pause on such attacks. Kiev, for its part, claimed that Russia was breaching the same agreement. Russia has maintained that any long-term settlement would be viable only if the US and Ukraine address the “root causes” of the conflict. Moscow demands that Kiev abandon its plans to join NATO and recognize Crimea and four other former Ukrainian regions as Russian territory.

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Note that Putin didn’t send his political envoy, but his business man.

Putin Envoy Visits Washington (RT)

Russian President Vladimir Putin’s investment envoy, Kirill Dmitriev, visited Washington on Thursday. He is the highest Russian official who traveled to the US since diplomatic contacts were suspended in 2022. Dmitriev, the head of the Russian Direct Investment Fund, previously participated in the Russian-US talks in Riyadh on February 18, where both sides agreed to start gradually normalizing the ties severed by the Biden administration. Speaking to reporters on Thursday evening, Dmitriev noted that President Donald Trump and his team have a better understanding of Russia’s terms than his predecessor, former President Joe Biden. “We are seeing absolutely clearly that, unlike President Biden, the Trump administration is determined to resolve the whole spectrum of bilateral issues,” the diplomat said.

“They are very respectful. They are listening to Russia’s position, and are understanding Russia’s concerns. They are asking a lot of questions and finding compromises,” he added. “Naturally, there are differences. But there is dialogue, which we believe will help to overcome these differences,” Dmitriev said. The envoy said that he had discussions about restoring trade and normal business relations between the states. “Many American companies would like to replace European companies that have left Russia,” he said. Dmitriev stressed that Moscow is ready to work on business projects that would be beneficial to both countries. He added that the sides talked about potential cooperation in the Arctic and the development of rare-earth minerals. “We are actively working on the resumption of direct flights” between Russia and the US, he said. Dmitriev said that more rounds of talks will be needed to hammer out the deal.

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“We are seeing a coordinated campaign in the media, attempts by various politicians to undermine the relations between Russia and the US, and attempts to distort the statements made by Russia,” the diplomat said. “It happens on a daily basis.”

Third Parties Attempting To Derail US-Russia Talks – Putin Envoy (RT)

Certain countries want to throw a wrench into the normalization of Russian-American relations, President Vladimir Putin’s investment envoy, Kirill Dmitriev, has said. He made his comment during a rare trip to Washington, where he met with top US officials. “Different countries are trying to derail this dialogue, derail the restoration of the Russian-American relations,” Dmitriev told reporters on Thursday evening. He noted that the negotiations have been accompanied by “a lot of rumors, incorrect quotes, and incorrect interpretations.” “A lot of people are interested in preventing the development of our relations. We are seeing a coordinated campaign in the media, attempts by various politicians to undermine the relations between Russia and the US, and attempts to distort the statements made by Russia,” the diplomat said. “It happens on a daily basis.”

“The best way to overcome disinformation is direct dialogue,” he stressed. Dmitriev reportedly met with Trump’s Middle East envoy, Steve Witkoff, who has been one of the key US negotiators on Ukraine. According to NBC News, the Russian diplomat also met with Republican Senators Lindsey Graham and Markwayne Mullin. According to Dmitriev, the sides mostly discussed steps to gradually amend the cooperation severed by the Biden administration in 2022. The agenda included possible partnership in the Arctic, the development of rare-earth minerals, and the resumption of direct flights between the countries, he said.

Some EU and Ukrainian politicians have attempted to dissuade Trump from restarting negotiations with Moscow. The EU’s top diplomat, Kaja Kallas, claimed last month that “Russia cannot really be trusted.” Ukrainian leader Vladimir Zelensky suggested in February that Trump was trapped in a “disinformation bubble.” Trump has blamed Zelensky for the conflict, while his Ukraine envoy, Keith Kellogg, argued that the EU should be sidelined during negotiations.

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Cue DOGE.

House Panels Press Probe of ActBlue Campaign Fundraising Operations (Adams)

Top Republican House leaders have formally requested that ActBlue, one of the Democratic Party’s largest political action committees, turn over documents related to its governance and operations. In a letter dated April 2 to ActBlue President and Chief Executive Officer Regina Wallace-Jones, the chairmen of the House committees on the Judiciary, Oversight and Government Reform, and Administration requested documents and testimony from two employees of the organization. The names of the employees whose testimony was requested were redacted in the version of the letter that was made public. A source familiar with the investigation told The Daily Signal, “We expect ActBlue employees to participate in the transcribed interviews and submit the required documents.” The source explained, “If they fail to comply, all options are on the table.”

An ActBlue spokesperson told The Daily Signal, “As we have historically done, ActBlue will continue to respond to requests from the House committees.” In their letter, the committee chairs said that they were seeking “to investigate ActBlue’s fraud-prevention policies and practices, which may allow bad actors to make fraudulent political donations, including from foreign sources.” ActBlue is one of the largest fundraisers for the Democratic Party, and claims to have raised more than $16.7 billion for Democrats since it was founded in 2004. Prior to the recent turmoil in leadership, it was a widely trusted source for liberal giving. ActBlue has come under increasing scrutiny since it announced a wave of departures of top staff in February. The resignations included the organization’s highest-ranking legal officer, the chief revenue officer, and the assistant research director.

ActBlue has received donations from some of the Democratic Party’s most important fundraisers, including thousands of dollars from LinkedIn co-founder Reid Hoffman. The Daily Signal has previously reported that the group may have received millions of dollars through fraudulent donations, according to testimony from some elderly Americans. One such individual, a retired Yale University professor, testified in a signed affidavit that he believed the donations in his name did not reflect his actual donation frequency or dollar amount. ActBlue charges a 3.95% processing fee on donations to it.

The organization also reportedly locked out Zain Ahmad, the last remaining member of the group’s general counsel’s office as of Feb. 26, from his email and other internal platforms. The letter from the House chairmen highlighted the organization’s actions toward Ahmad, who has been put on leave, and noted that ActBlue’s union reportedly told the group’s board that “those of us who work with our legal team in our day-to-day do not have clear direction on how to proceed with our work in their absence.” The House letter noted that fraudulent political donations “could amount to interstate criminal conduct,” citing a legal case that resulted in a Chinese national’s criminal conviction for improper donations.

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By Senator Roger Marshall. The idea is that Oz will execute RFK’s MAHA vision.

Dr. Oz Will Save Medicare, Strengthen Medicaid, Secure a Healthier America (DS)

Medicaid and Medicare are on a path that should concern all Americans, but with the right leadership, we can turn their trajectory around. On its current course, Medicare, the government-run health insurance program for seniors, will fall off a financial cliff in as little as a decade—maybe even sooner. Meanwhile, Medicaid, the program that pays for health care for the poor, now covers more people than Medicare, placing an enormous strain on both state and federal budgets. As a nation, we face a chronic disease epidemic, and along with it, a crisis of unsustainable rising costs, high demand, and worsening patient outcomes. Over the past five years, Medicaid spending has surged by some 50%—another unsustainable trend that diverts funds from schools, roads, bridges, and high-speed internet.

Together, Medicare and Medicaid will each spend roughly a trillion dollars this year. That’s why we urgently need a Centers for Medicare and Medicaid Services administrator who can rescue Medicare and fortify Medicaid. As both programs fall under the Centers for Medicare and Medicaid Services, we need a leader with a fresh perspective—one who prioritizes patient care while ensuring financial stability. This role demands someone who has experienced these programs at the grassroots level, where patients, doctors, and hospitals intersect. This person must be an exceptional communicator, capable of managing a $2 trillion budget and transforming an organization of 6,000 employees who oversee the health needs of 140 million Americans. This budget accounts for nearly a quarter of federal spending in a system that already overspends by $2 trillion annually.

Above all, we need someone who can help us in our mission to Make America Healthy Again. Thankfully, we have just the person for the job: Dr. Mehmet Oz. To America, he’s Dr. Oz: a world-renowned heart surgeon and the trusted star of a hit TV show. Some may also recognize him as an innovative inventor of lifesaving heart devices, holding both an M.D. and an MBA. But to me, Dr. Oz is a fellow physician and a good friend. He’s a devoted father of four and grandfather of four. He’s a person who cares deeply about finding solutions—a problem-solver ready to tackle the challenges of Medicaid and Medicare head-on, focusing on the health and safety of every American and ensuring those who rely on these programs continue to receive the care they deserve.

Dr. Oz is uniquely equipped to modernize health care. He will harness cutting-edge technology and responsibly integrate artificial intelligence to meet patients’ needs. He’ll champion transparency and prioritize quality outcomes over mere quantity of care or coverage. By empowering patients and providers with choices, he’ll drive higher-quality care. He’ll strengthen telehealth and address the distinct challenges of rural communities, along with those of the inner city. Thinking outside the box, he’ll uncover innovative solutions to our health care woes with full transparency.

Put simply, Dr. Oz is the right leader at the right time to execute President Donald Trump’s and Health and Human Services Secretary Robert Kennedy’s vision to Make America Healthy Again. With his expertise, compassion, and bold leadership, he will transform the Centers for Medicare and Medicaid Services into a beacon of fiscal responsibility and patient-centered care. There’s no one better suited to save Medicare, strengthen Medicaid, and secure a healthier future for all Americans. I look forward to his swift confirmation and the work he will do to address our health crisis. With Dr. Oz, Secretary Kennedy, and President Trump at the helm, the best is truly yet to come for our health care system and its patients.

https://twitter.com/Holden_Culotta/status/1907927964131668210

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Only Israel wants it.

War With Iran ‘Almost Inevitable’ – France (RT)

A military conflict with Iran would be highly likely if attempts to renegotiate a new nuclear deal fail, French Foreign Minister Jean-Noel Barrot has warned. US President Donald Trump has threatened Tehran with a bombing campaign if it does not concede on its nuclear program, which Washington alleges is aimed at developing atomic weapons. The Iranian government, which vehemently denies the claims, has vowed to retaliate against any attack. Addressing French MPs on Wednesday after an Iran-focused government meeting led by President Emmanuel Macron, Barrot stated that without a new agreement, “a military confrontation would appear almost inevitable,” warning that such a scenario could further destabilize the Middle East.

In 2015, Iran and major world powers signed the Joint Comprehensive Plan of Action (JCPOA) accord which restricted Tehran’s nuclear activities in exchange for sanctions relief. However, in 2017 Trump unilaterally withdrew from the arrangement, which he and Israeli Prime Minister Benjamin Netanyahu labeled “the worst deal ever,” opting instead for a campaign of “maximum pressure” through sanctions. The EU sought to provide Iran with means to bypass American pressure to preserve the JCPOA, but negotiations have since stalled. The standoff has bolstered a hardline foreign policy approach in Tehran, which refused to uphold its commitments in retaliation for Western failure to deliver on its part of the nuclear pact .

Since beginning his second presidential term in January, Trump has repeatedly issued threats of military action unless Tehran agrees to a new nuclear deal. In a recent interview, he stated, “If they don’t make a deal, there will be bombing. And it will be bombing the likes of which they have never seen before.” Iranian Supreme Leader Ayatollah Ali Khamenei defiantly responded to Trump on Monday, warning that the US and Israel “will definitely receive a strong, reciprocal blow” if they attack Iran. Amid the escalating tensions, the Pentagon announced on Tuesday it had deployed additional assets to the Middle East. According to Reuters sources, four B-2 bombers have been relocated to a base on Diego Garcia Island, positioning them for potential missions against Iran.

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“..the ICC is becoming a political entity rather than an impartial court upholding the rule of law..”

Hungary to Abandon ICC Over Concerns of Political Bias – Orban (Sp.)

Hungary has decided to withdraw from the International Criminal Court (ICC), as it believes the institution has shifted from an independent judicial body to a politically motivated one in recent years, Hungarian Prime Minister Viktor Orban announced on Thursday. “We are convinced that the ICC is becoming a political entity rather than an impartial court upholding the rule of law. This has been particularly evident in its recent decision regarding Israel,” Orban stated at a press conference alongside Israeli Prime Minister Benjamin Netanyahu. According to Orban, Hungarian Foreign Minister Peter Szijjarto will present a bill to parliament on Thursday, officially initiating Hungary’s withdrawal from the Rome Statute.

Earlier in the day, Orban’s chief of staff, Gergely Gulyas, confirmed that the Hungarian government had made the decision to leave the ICC, with the formal withdrawal process set to begin later on Thursday. The ICC’s disregard for the immunities of heads of state from countries that are not parties to the Rome Statute violates international law and thus undermines the court’s own legitimacy as an independent party in disputes. Moreover, its actions destabilize global security, making it difficult to view the ICC as a body acting on behalf of the international community.

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CO2

 

 

Calley Means
https://twitter.com/VigilantFox/status/1907512164933320833

 

 

Bowden
https://twitter.com/McCulloughFund/status/1907511535078936726

 

 

autism

 

 

Canaia
https://twitter.com/ContrarianTribe/status/1907779479168016572

 

 

Pi
https://twitter.com/gunsnrosesgirl3/status/1907831288691614116

 

 

Car

 

 

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