Episode 4310: Trump Drops New Tariffs; Trump Rebuilds The Geopolitical Alignment

Summary

Bannon’s War Room - Episode 4310 Summary: Trump Drops New Tariffs; Trump Rebuilds The Geopolitical Alignment

Release Date: March 4, 2025

In Episode 4310 of Bannon’s War Room, WarRoom.org delves into a pivotal moment in U.S. economic and geopolitical strategy, anchored by President Donald Trump's recent announcements. Hosted by Stephen K. Bannon, the episode features in-depth discussions with key figures including Brian Glenn, Natalie Winters, Mike Lindell, and Dave Walsh. This episode unpacks Trump's new tariff policies, significant foreign investments in the U.S., and the broader implications for national security and global alliances.

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1. Major Economic Announcements

The episode opens with a significant announcement from President Trump regarding Taiwan Semiconductor Manufacturing Company (TSMC). During a press briefing in the Roosevelt Room, Trump revealed that TSMC plans to invest $100 billion in the United States, primarily in Arizona, to establish state-of-the-art semiconductor manufacturing facilities.

Notable Quote:

“The most powerful AI chips in the world will be made right here in America and it will be a big percentage of the chips made by his company.”
— Donald Trump [00:16]

This investment is part of a larger influx, bringing TSMC's total U.S. investment to approximately $165 billion. Trump emphasizes the creation of thousands of high-paying jobs and underscores Arizona as the chosen state due to its favorable business environment.

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2. Implementation of New Tariffs

A cornerstone of Trump's economic strategy is the imposition of 25% tariffs on imports from Canada and Mexico, set to commence at midnight on March 4, 2025. Additionally, a 10% tariff on Chinese goods is introduced, aimed at addressing trade imbalances and protecting American industries.

Notable Quote:

“No room left for Mexico or for Canada? No, the tariffs, you know, they're all set. They go into effect tomorrow.”
— Donald Trump [01:50]

The tariffs are presented as a measure to compel these countries to invest more in U.S. manufacturing, thereby reducing dependency on foreign imports and bolstering the domestic economy.

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3. Impact on National Security

Trump connects the semiconductor investment to national security, highlighting the critical role of semiconductors in modern technology and defense.

Notable Quote:

“Without the chips and semiconductors, nothing runs today. You can't buy a car without them. You can't get a radio, a television, not, you can't get anything.”
— Donald Trump [02:46]

By securing a substantial portion of semiconductor manufacturing domestically, the administration aims to safeguard essential technologies from foreign dependency and potential vulnerabilities.

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4. Corporate Investments Boosting U.S. Manufacturing

The episode highlights additional major investments by corporations like Honda and Apple. Honda's decision to build in Indiana and Apple's $500 billion commitment to U.S. manufacturing are cited as evidence of a robust shift towards domestic production.

Notable Quote:

“Honda is coming and I told you about Apple, that they're going to be starting to build massively here, 500 billion.”
— Donald Trump [03:40]

Bannon and Winters commend these moves as strategic victories for the "America First" economic doctrine, emphasizing the long-term benefits for American workers and the economy.

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5. Geopolitical Alignment and Ukraine Conflict

A significant portion of the discussion centers on the Ukraine conflict and its intersection with U.S.-China relations. Natalie Winters elaborates on how Trump's actions aim to decouple the U.S. economy from the Chinese Communist Party (CCP) influence, thereby reshaping global alliances.

Notable Quote:

“President Trump represents negotiations, not from this perverse geopolitical equity stance where we have to act like we're not the American hegemon that we are.”
— Natalie Winters [17:32]

The conversation delves into the alleged corruption within the Washington establishment, drawing parallels between the Nuland family's influence in Ukraine and the Hunter Biden scandal. The aim is to portray Trump's administration as a counterforce to entrenched deep-state influences.

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6. Energy Policy and European Dependence on Russian Energy

Dave Walsh provides an analysis of Europe's energy policies, criticizing the shift away from Russian energy sources towards unreliable renewable energy like wind and solar. He argues that Europe's dependence on Russian natural gas and oil undermines their economic stability and exacerbates geopolitical tensions.

Notable Quote:

“The dependence on Russian natural gas just reached the top of the list. The number one exporter of natural gas LNG to Europe became Russia last June, June of 2024.”
— Dave Walsh [35:03]

Walsh advocates for reinstating strong energy ties with Russia as a cornerstone for peace and economic recovery in Europe, highlighting the failures of European energy policies under leaders like Angela Merkel.

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7. Criticism of Deep State and Think Tanks

The episode features a robust critique of the deep state, think tanks, and political elites who, according to Winters, prioritize their interests over national ones. The administration's push for tariffs and reshoring is framed as a battle against these entrenched interests that have historically undermined American workers.

Notable Quote:

“The racket, that is the incestuous deep state that I think the Nuland family just epitomizes.”
— Natalie Winters [21:09]

This section underscores the narrative of an ongoing struggle between Trump's "America First" policies and the established political machinery that resists such changes.

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8. Future Outlook and Conclusion

As the episode concludes, the hosts project a positive outlook for the U.S. economy driven by domestic investments and strategic tariffs. They anticipate further corporate commitments, especially from tech giants following the initial momentum established by TSMC, Honda, and Apple.

Notable Quote:

“President Trump is actually fighting for American workers and that's why they're in meltdown over it. And it's glorious to see.”
— Natalie Winters [26:54]

The discussion also touches on upcoming policy announcements and the potential stabilization of financial markets as the benefits of Trump's economic strategies begin to materialize.

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Conclusion

Episode 4310 of Bannon’s War Room presents a comprehensive analysis of President Trump's recent economic policies and their far-reaching implications. Through detailed discussions on tariffs, foreign investments, national security, and geopolitical realignments, the episode paints a picture of a transformative period aimed at revitalizing American manufacturing, securing technological sovereignty, and reshaping global alliances to favor U.S. interests. The narrative is underscored by a strong critique of existing political structures and a call for continued support of Trump's "America First" agenda.

Transcript

[Brian Glenn]

Introduction to the Brian Glenn Show. Right now, what we're going to do. The President, a massive announcement this afternoon in the Roosevelt Room. We're going to play some clips from that and we're going to end with our own Brian Glenn asking two brilliant questions of the President. Let's go ahead and let it roll.

[Donald Trump]

Today, Taiwan Semiconductor is announcing that they will be investing at least $100 billion in new capital in the United States over the next short period of time to build state of the art semiconductor manufacturing facilities. I think mostly it's going to be in Arizona, which is what I understand, which is a great, a great state. I like it because I won it, but I won most of them, actually. But I did. We won it and we won it big. The most powerful AI chips in the world will be made right here in America and it will be a big percentage of the chips made by his company. But as you know, they're big, based mostly in Taiwan and they're far and away the biggest. There's nobody even close. This $100 billion in new investment will go into building five cutting edge fabrication facilities in the great state that we just discussed, Arizona, and will create thousands of jobs, many thousands of jobs and high paying jobs. In total, today's announcement brings Taiwan Semiconductor investments to about $165 billion. They've started already, but, so we're going April 2, but very importantly tomorrow, tariffs, 25% on Canada and 25% on Mexico and that'll start. So they're going to have to have a tariff. So what they have to do is build their car plants, frankly, and other things in the United States in which case they have no tariffs.

[Brian Glenn]

Tariffs.

[Natalie Winters]

Is there any room left for Canada and Mexico to make a deal before midnight? And should we expect those Chinese tariffs, the extra, extra 10% to take it?

[Donald Trump]

No room left for Mexico or for Canada? No, the tariffs, you know, they're all set. They go into effect tomorrow. And just so you understand, vast amounts of fentanyl have poured into our country from, from Mexico and as you know, also from China where it goes to Mexico and goes to Canada. And China also had an additional 10, so it's 10 plus 10. And, and it comes in from Canada and it comes in from Mexico. And that's a very important thing to say.

[Brian Glenn]

You heard it right there. Donald Trump just committed to slapping 25% tariffs on goods imported from Canada and Mexico starts at midnight tonight. And I, I just, I wouldn't look down at that little black box right now. It's going to make you unhappy.

[Donald Trump]

Brian, go ahead.

[Brian Glenn]

In addition to the job, you talked.

[Stephen K. Bannon]

About national security and that's one thing I think a lot of Americans don't understand. Explain the national security aspect of, of this.

[Donald Trump]

Well, without the chips and semiconductors, nothing runs today. You can't buy a car without them. You can't get a radio, a television, not, you can't get anything. And we thought it was very important, obviously business wise, but we thought even in terms of national security, to have this large percentage of the chips, semiconductors and other things that they make the most important product and not a product that you can really copy, it takes years and years. You know, on the needle of a pin is total genius. I mean they can put things, I mean something the size of the needle, the point of a pin, they put information that is just not even believable. So if, if you would, if you would see this, it's just really something. Yes, Brian, one aspect of that.

[Stephen K. Bannon]

Honda announced they're coming to Indiana because of the tariffs once again.

[Donald Trump]

That's right.

[Brian Glenn]

Additional jobs and manufacturing.

[Donald Trump]

Well, Honda is coming and I told you about Apple, that they're going to be starting to build massively here, 500 billion. And we have many other companies going to be announced. But we had many that have already announced and now it's going to be great. It's looking, it's looking really strong. I don't think this country has ever seen anything like we're seeing right now. Now the tariffs, as you know, will start a week earlier than the reciprocal, which is going to be on a couple of weeks earlier. Reciprocal starts. Reciprocal tariffs start on April 2nd. And I wanted to make it April 1st, but I didn't want to do, I didn't want to go April Fool's Day because that cost me, that cost a lot of money. But that one day. But so we're going April 2, but very importantly tomorrow, tariffs, 25% on Canada and 25% on Mexico and that'll start. So they're going to have to have a tariff. So what they have to do is build their car plants, frankly and other things in the United States, in which case they have no tariffs. In other words, you build. And this is exactly what Mr. Way is doing by building here. Otherwise they'll build, if they did them in Taiwan to send them here, they'll have 25% or 30% or 50% or whatever the number may be someday it'll go only up. But by doing it here, he has no tariff, so he's way ahead of the game. And I would just say this to people in Canada or Mexico, if they're going to build car plants, the people that are doing them are much better off building here because we have the market. We're the market where they sell the most. And so I think it's going to be very exciting, very exciting for the automobile companies. Very exciting for I can think of any as an example, North Carolina, they had the great. I used to go there to buy furniture for hotels and it's been wiped out. That business all went to other countries and now it's all going to come back into North Carolina. The furniture manufacturing business. Please.

[Mike Lindell]

This is the primal scream of a dying regime. Pray for our enemies because we're going medieval on these people.

[Brian Glenn]

Christians not get a free shot.

[Mike Lindell]

All these networks lying about the people.

[Brian Glenn]

The people have had a belly full of it.

[Mike Lindell]

I know you don't like hearing that. I know you try to do everything in the world to stop that, but you're not going to stop it.

[Brian Glenn]

It's going to happen. And where do people like that go to share the big lie?

[Natalie Winters]

MAGA MEDIA I wish in my soul.

[Brian Glenn]

I wish that any of these people had a conscience.

[Mike Lindell]

Ask yourself, what is my task and what is my purpose? If that answer is to save my country, this country will be saved.

[Donald Trump]

WAR ROOM here's your host, Stephen K. Banner.

[Brian Glenn]

It's Monday the 3rd of March in the year of our Lord 2025. Afternoon show. Big, big, big economic developments this afternoon as we headline as we highlighted for you in the morning show, Taiwan Semiconductor, $100 billion in the state of Arizona to build one of their advanced facilities. And I think it's over four years. I think it's 25 billion a year. This is a massive deal. And President Trump right there just reiterated Honda in Indiana, Apple Computer $500 billion commitment and now Taiwan Semiconductor, $100 billion. Like I said, I am not big on foreign capital like the Saudis or people come in or was it Mosi Shan from SoftBank comes in his talk 100 billion but when companies are moving manufacturing, all three of those, Honda, Apple, Taiwan Semiconductor and these are platinum names. This is like the best of the best. This is I think a shocking development and an unbelievable development. It shows you what Donald Trump's President Trump has unlocked here. Brian Glenn is in the room, asked two great questions. Brian, let's go back in there. Put us in the room today. Pretty big announcement of President Trump and really the his economic strategy for the United States on the eve of his or some of the Eve, it's tonight at midnight, 25% tariffs. And people should know the markets are a tad rattled on this as he had. Plays out your thoughts, sir?

[Stephen K. Bannon]

Yeah. Good afternoon. Yeah. What a great historic day there in the Roosevelt Room. President Trump stepping out and announcing this massive $100 billion investment. Now, mind you, they've already got 65 billion already invested in Arizona, so they're going to tack on another 100 billion. But does this once again prove that when you put leadership, someone that has America first, a business minded expert into office, this is what you get. Remember the SoftBank press conference, Steve, that we did at Mar a Lago? That was 100 billion if I'm not mistaken. So it just keeps coming on. And of course, now that the tariffs, Honda said, wait a minute, you know, let's go ahead and invest into Indiana. Let's take this next generation Civic, let's build it in the United States and not pay the tariffs. Just a big win, Steve. And you've been talking about this forever and you're, you're financially brilliant in that, in terms of that and for the, for the person at home that just kind of casually follows business news, you know, disregard that little black box on the bottom of the screen with the stock market temporarily because you and I both know when this manufacturing comes back here and we start making stuff here and people start investing in those computer chips, Taiwan Semiconductor, it's only going to better this country and just what a great day.

[Brian Glenn]

You know, this is. I want to go back to that. I am not a huge fan in people like SoftBank or people like the Gulf Emirates or the Saudis coming in. It's totally different though. Honda, Apple and Taiwan Semiconductor, these are massive manufacturing powerhouses. And this is President Trump's strategy. If you move it back here, if you move the manufacturing back here and bring high value added manufacturing jobs which drive everything else, all the ancillary services and Starbucks and you know, Dunkin Donuts, housing in the laundry, housing, everything. If you bring those back, not only do you avoid the tariffs, I'll eventually get to try to cut corporate tax rates and, and make sure we had the most competitive corporate tax rates in the world. So that you can really build and think long term. And this is long term thinking, President Trump. And it's the payoff for the, for the maga. It's that stability, it's that civic stability that they're looking for. And here's what's amazing because I think Apple will follow up. People should understand they're coming to wait for it. Red states, they're coming to red states. And the reason is it's safer environment, it's more stable government, it's traditionally lower taxes, a little less regulation and the stability of family values. And I got to tell you, this is why the Sun Belt, this is why the southern states, this is why the MAGA states are just going to continue to boom. You don't see them putting it up in Connecticut. You don't see these factories going in upstate New York, you don't see them going in a lot of these blue states, New Jersey. And this is why in California, it used to be all go to California, not anymore. This is the driving direction of the country, Brian.

[Stephen K. Bannon]

It is. And he even mentioned that they initially gave Taiwan semiconductor, I think $5 or $6 billion in kind of tax credits, if you will, to go ahead and get this done. And it's ended up bringing in 65 billion. So you give a little bit, but you get a whole lot. And I think it's, I think it's great. I know, I love the national security aspect of it too, Steve, because. And that can go into pharmaceuticals as well. If we depend on manufacturing of a lot of things that we need and we saw that in Covid, what would happen, how the price of everything went up, you couldn't find electronic to save your life during that time, or some of these prescription drugs. Bring the pharmaceuticals, bring the integrated circuits back here in our country, let us manufacture them, let us have our hands on it. And I think it's great all around. And so it was just a wonderful day. And of course the press conference did pivot to Ukraine as we knew it would. I stayed away from asking President Trump if he owned a tracksuit. I didn't go there, Steve. Didn't go there. Kept it business minded there. But obviously Ukraine did come up in that press conference heavily.

[Brian Glenn]

I do want to say the difference between the Main street and Wall street is seen by the box of the stock market dropping. You're right that the long term benefits for Main street, for President Trump's base. But on Ukraine, they're sticking to their guns now coming out of the White House. Correct me if I'm wrong, there's some discussion behind the scenes of President Trump having a belly full of it. Why the mainstream media is going, oh, Trump is with Putin and these amazing Europeans and in Zelinsky is Churchill at the White House. What I'm hearing, Brian, is that he may cut off, they may cut off aid altogether, both military aid and economic aid. What are you hearing.

[Stephen K. Bannon]

Yeah, I'm hearing the same thing, Steve. And you, you said it great in that last segment. I mean if NATO and those European countries think they can handle this, go for it. But yeah, that's what I'm hearing as well. So we'll see tomorrow night has got that joint session on the House floor big thing they'll talk a lot about.

[Brian Glenn]

Yeah, we're going to make some announcements later. You know. Yeah, we're gonna make some make some announcements about the coverage of that. Brian Glenn's obviously gonna be with us. Natalie Winters, all of it. Brian, we'll let you get back. Brian is now a getting interviewed by the major platforms, BBC, nhk, cct, all over the world as he's become a star kind of same level, the real American voice and you know, Natalie Winters, Brian Glenn, they get him to the White House, they become rock stars. Brian Glenn, what's your social media brother?

[Stephen K. Bannon]

You can follow me at Brian GlennTV across the board. Ryan on Truth Social and as always, Steve, you're the best. Thanks for having me on and we'll see you back here tomorrow.

[Brian Glenn]

Brian, great coverage. We'll see you probably on the morning show and then tomorrow afternoon. Tomorrow night, Brian Glenn got two questions in the Roosevelt Room today. Major economic announcements. Taiwan Semiconductor, $100 billion in building the most advanced chip design and manufacturing in the world in the great state of Arizona. Natalie Winters is going to join us to talk about the strategic relationship with the Chinese Communist Party and also more blowback on the resistance, the color revolution about Ukraine coming after President Trump. All next in the war room.

[Mike Lindell]

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[Brian Glenn]

Today is your host, Stephen K. Ban. Welcome back. Natalie Winters joins us, our White House correspondent. Natalie, you know, you and I have talked now for years about this concept of decoupling versus more integration. Of course, the pressure on President Trump from Wall street and from the corporatists and especially Silicon Valley is more integration. And obviously the, the anti CCP aspect of our movement is we want to decouple. And now that decoupling is kind of, you know, Marco Rubio's there waltz, is there some of his advisors. Why is this Taiwan semiconductor deal, how does that play into that? And particularly given this executive order that really didn't get much coverage that happened a week or so ago, ma'am.

[Natalie Winters]

Well, it's essentially the same voices, right? Whether it's Wall street, big business, all these politicians that are compromised by the Chinese Communist Party that we've documented for what years that were telling us what, that tariffs didn't work. And now all of a sudden you see a huge investment as you were talking about $100 billion, five factories in Arizona coming from obviously TSMC. But I think that the whole sort of chip semiconductor argumentation that you've always sort of heard come really from the deep state talking point has always been this is why we need to stay engaged in Ukraine, right, Because we're going to set a bad precedent and we really need Taiwan because of semiconductors, because of these chips, right? The United States economy could potentially crater overnight if China were to ever invade. And I think similar to perhaps President Trump's out of the box, you know, conception of what to do with Gaza. This is another solution to a problem which involves reassuring the American manufacturing not just to achieve supply chain dominance and security, but to effectively, I think pull the rug out from under the Chinese Communist Party in terms of negotiating tactics. But I also think the numbers here too, Steve, are just staggering. It's been, what, about one month since President Trump has been in office. They've already quartered $1.7 trillion in foreign investment. It took Biden regime four years just to get up to a trillion. And frankly, a lot of that FDI was riddled in Sort of the Hunter Biden foreign corrupt, pay for play. The difference is that I think President Trump represents negotiations, not from this perverse geopolitical equity stance where we have to act like we're not the American hegemon that we are, but that we sort of have a might and economic might to throw around. And the key difference here, Steve, is that now we're weaponizing our government, our economy, you know, our United States dollar on behalf of the American people instead of against them. And obviously, President Trump has staffed his cabinet, his administration with people who are China hawks, who are CCP hawks. And I think for so long, you know, every guest we've ever had on the show, you and I have always sat there. We've seen this sort of performative activism, right, coming from the RINOs who talk so tough on China, how we need to decouple and decouple yet when push comes to shove, right? Just like these fiscal hawks who did nothing about the USAID orgy of spending, President Trump actually acts and is working to decouple them by taking this, I think, really, really monumental step in the semiconductor industry, which then of course has a lot of trickle down effects. But this is what decoupling, or at least the opening salvo of it looks.

[Brian Glenn]

Like he's balancing this, too, at the same time with this Russian rapprochement that would be the knife in the heart of Beijing's goal to control the Eurasian landmass with the mullahs in Persia. You have two aspects of this and we're covering. Dave Walsh is going to be on in a second. We're going to talk about the energy aspect of it and the governmental aspect. We'll also discuss some of the stuff that's going on with NATO and what's happened. But there's another darker side that actually may be more effective. And this is the resistance you've been covering from day one to President Trump. And it has a very dark aspect. In fact, you could say a lot of it started around the color revolution in Ukraine with Victoria Nuland. You've had some great reporting and come up with something that's kind of shocking. Can you walk us through the resistance as a element of the Ukraine fight, and what have you found out about some of the darker aspects of it, ma'am?

[Natalie Winters]

Well, I think the Ukraine issue is sort of inextricably linked to the decoupling from the Chinese Communist Party issue that we were just talking about. Right. I think the sort of myopia, monomania of the idea that Ukraine is the forefront of democracy that sort of plagues the Washington, D.C. class here. It sort of misses the forest for the trees. Right. This is about President Trump understanding the geopolitical significance, not just looking at the borders of Ukraine, but understanding that the Chinese Communist Communist Party is trying to bring Russia into their sphere of influence, or certainly more than that. Right. And really, I think, instigating and instituting a sort of geopolitical alignment. Right. The Chinese Communist Party is not content with a unipolar or rather bipolar world order. They want a unipolar world order whereby they replace the United States. And reorienting kind of global political affairs through that paradigm is what they are trying to do. Not just, you know, ostensibly with Russia in terms of the Ukraine conflict, but also just by bogging us down in another, shall we say, graveyard of empires, Afghanistan type conflict. Right. They would love nothing more than to have the United States peacekeeping forces in Ukraine or anywhere. And, you know, I know you always say you gotta focus on the big picture, but, you know, I love drilling down on sort of the minute details. And I don't know if you want to get into it now, but. Right. The story about Victoria Nuland's son, who's busy working for a think tank that's actively lobbying against President Trump's peace plan, the proposed mineral deal. He's listed as a researcher contributing to the center for European Policy Analysis. This shows you how it is not just a family grift, but it really is the Washington consensus whereby they view these sort of foreign, endless, forever wars as a way. I mean, everyone in the Nuland family makes a paycheck off of killing young American boys and girls in the name of democracy, literally every single person in that family. And I think that that is quite remarkable because it's replicated time and time again. Right. The story of Hunter Biden is not just one incident. That is a pattern that replicates itself. Because these people have never been called out. And their business model is one of global collus with powers at be like in Ukraine. And they hate the idea of people like President Trump or frankly, this movement, being able to sort of run the tables on them and say, hey, actually, foreign policy is going to be conducted to benefit the United States of America and not line your pockets while you're lecturing us with your monotone voices, your pseudo intellectualism and your dysgenic look, telling us, I guess we have to call it the Color Revolution Dominatrix, in honor of Darren Beatty. But that is what represents a transformational shift. And I have to say, Steve, for All the beltway elites, the think tank, the casery crowd who think that they're so fricking smart and that the reason why we need to protect Ukraine and destroy this country and trash our economy is so we set an example so the Chinese Communist Party won't invade Taiwan. Well, here's two things that just happened. President Trump just essentially blocked that by reshoring that industry here to the United States. And two, President Trump is actually showing that the United States actually is someone who's able and willing to negotiate from the standpoint of putting America first, unlike these fake think tank hacks who are quite literally funded by the Chinese Communist Party and their big tech counterparts. So President Trump, as you always say, is a blunt force instrument and an armor piercing shell. And sometimes it's the thing itself, right? It's the deal, it's the, it's the meeting in the Oval Office. But it's also just, I think, more symbolic, too, in calling out, I'd call it a grift, maybe racket is a better terminology for it. But the racket, that is the incestuous deep state that I think the Nuland family just epitomizes.

[Brian Glenn]

On top of that, you've got the geo strategic and geo economic. I mean, tonight at midnight, the 25% tariffs go in on two of our three biggest trading partners, Mexico and Canada, he says, just haven't lived up to being really kind of allies. In addition, I think he's hitting 10% on China tonight on the morning of. Right. His speech is really his first State of the Union or addressed to Congress, as it's called, right at the beginning of your first term. Your thoughts on that, ma'am?

[Natalie Winters]

Well, look, Steve, all these people who are now telling us that we have to melt down, right, and feel so bad and sympathetic for all these poor people who've been fired by usaid. I'm sorry, those are the same brilliant geniuses who've crafted the policies that have forced President Trump to need to institute these tariffs, crafted the immigration policies that have stolen the jobs, livelihoods, and, frankly, dignity by forcing American workers to train their replacements. So I have absolutely zero sympathy, empathy, whatever you want to qualify it as for these people and you bring up these tariffs, that's again, another thing that I think is effectively evaluated through the paradigm of it's not just the thing itself. Right. The tariff in and of itself is an effective economic tool, like Peter Navarro has outlined better than I ever could. But I think it also just demonstrates that President Trump, and by extension the United States is back. And when they melt down, make no mistake about how President Trump is appointing loyalists, right, the nasty dirty L word to his cabinet, they are not melting down because he's appointing people who are loyal to President Trump. They're melting down because he's appointing people who are loyal to the United States of America. Because that is so fundamentally transformational, not just from what we've seen under Joe Biden, but really to the existence, the raison d'etre. I don't even like calling it the deep state, but the sort of Washington establishment beltway class where they view Canada, these countries that we're now hurling tariffs against, as just trading partners, because you know what? To them they are, they're expanded market access, right? It's the trope of when we thought letting China into the wto, that we would change them. It seems like every country, you can extrapolate that critique, every country that we've somehow gotten into business with. And when I say we, I'm not talking about the American people, right? I'm talking about, well, the elites, they've benefited. But the average American worker has been totally screwed over. And President Trump is actually fighting for American workers and that's why they're in meltdown over it. And it's glorious to see.

[Brian Glenn]

Natalie, you're going to be with us tomorrow on our wall to wall coverage. State of the Union. What is your social media in the interim, ma'am?

[Natalie Winters]

Natalie G. Winters on all social media platforms. Look forward to seeing you guys tomorrow. Thank you for having me on.

[Brian Glenn]

Great hit, Natalie. Thank you so much. We're taking a short commercial break. Dave Walsh is going to join us. We're going to talk some geo economics and it's going to shock you about the hypocrisy and all this. Take your phone out. Bannon. Text Bannon B A N N O N 989898 the ultimate guide for the Purchase of Gold in the era of Trump Today's a day you might want to look at that. Check it out.

[Mike Lindell]

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[Brian Glenn]

Violent attacks on everyday Americans.

[Mike Lindell]

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[Donald Trump]

Has to get into a room, so to speak. And we have to make a deal. And the deal can be made very fast. It should not be that hard a deal to make. It could be made very fast. Now, maybe somebody doesn't want to make a deal. And if somebody doesn't want to make a deal, I think that person won't be around very long. That person will not be listened to very long. Because I believe that Russia wants to make a deal. I believe certainly the people of Ukraine want to make a deal. They've suffered more than anybody else.

[Mike Lindell]

Has there been any communication with the administration since the Oval Office meeting?

[Natalie Winters]

Have they reached out to you?

[Mike Lindell]

And separately you talked about resignation a few days ago. How are you thinking about elections?

[Ukrainian President]

There is communication. Not on my level. Yes. As regards resignation. My resignation. If, if I'm to be changed and I'll hear, how can I put it, with what's happening with the, with the support to change me, it will not be easy because it is not enough to simply hold elections. You would need to prevent me from participating in the election and it will be a bit more difficult. So they will have to negotiate with me. And I said that I'm exchanging for NATO membership and then it means that I fulfilled my mission. There is NATO. It means I've fulfilled my mission. Although honestly, it looks like the, the people, and I'll not be calling their posts, naming their posts, but the citizens of other countries are telling Ukrainians which president they should have, especially if these people occupy official posts. It seems to me a bit undemocratic and unconstructed. We are speaking about the values and it definitely looks very democratic. Although.

[Brian Glenn]

You know, President Trump's office. Please, President Trump, don't get in a room with him. I know there's a lot of pressure on you and a lot of people. You can. You don't need them for a peace deal. They have no interest. They have no interest. All they're trying to do is entangle the United States. Entangle the United States in what will be a long protracted exit like in Vietnam, with more money. And they want a security guarantee. They're going to wind. They're recalcitrant. They're like nine year old children that are ornery. He's not trustworthy. The whole oligarchy of Ukraine, they're a group of criminals. Remember, they're the third most corrupt nation on earth by independent people that assess those types of things. It's hard enough to negotiate with Putin and the kgb. The Europeans are just going to have to do whatever you decide to do. Full stop, full stop, full stop. This NATO is what got us into this situation in the first place, by their insisting and he insisting that they wanted to be a member of NATO, which would be right up in Russia's grill, also a member of the eu. Dave Walsh, I've got to bring you in here because the hypocrisy of the European elites, and this is why I'm so vehemently opposed and have been to the European elites, have dragged America into war after war after war. And remember folks, all of you were all kicked out of those countries. Your grandparents, your great grandparents, your great great great grandparents were all given the boot by your betters in these countries. We don't owe these people anything. Zero, nothing. The folks are there, fine. You see now a sovereignty movement, a populist national revolt country by country because they've taken the inspiration of President Trump and the MAGA movement and now they're sitting there going, we got to throw these bums out. But those bums still call the deal. Dave Walsh, you're my energy guy. And at the basis of everything is energy, plentiful, consistent, cheap energy. That's what drives an industrial world. In a post industrial world, it's going to drive the algorithmic age even more than it drove the industrial age because of the massive power requirements of artificial intelligence. Dave Walsh, what is the blatant hypocrisy of the European elites in this situation around Ukraine and potential rapprochement of the United States and Russia? Sir?

[Dave Walsh]

Well, focusing on Starmer and Macron's visit here right before Zelensky came with the virtue signaling chest beating and shameless demands of the US to step up and continue to heavily fund this Ukraine war. I'm sure President Trump in private reminded them they're below net zero in respect to they have purchased from the beginning of this war $221 billion worth of Russian natural gas, oil, coal and uranium for Their energy supply. While they've lent 100 billion roughly to the Ukraine lent for the war effort, they've spent 221 billion in Russia on Russian fuels to fuel their economy. Because the net zero decarb wind, solar, battery storage movement in Europe produces about 8% of their all in energy has been a drastic failure because of the minimal nature of that kind of energy. And oh, by the way, during this war they've spent another equivalent 250 to 275 billion on Russia's ally China for solar panels and batteries, battery storage for power the Western European nations. So here they are heavily funding this war effort through Russia's ally, but more directly Russia, 61 billion every 220 billion over a three year period, 70 billion a year in spending in Russia for substances. They must have to exist as a society. So there is no way that they're going to get involved in hand to hand combat in actual kinetic warfare against Russia. They're heavily supporting this war cause on a two to one basis over that which they're lending the Ukraine. It's obscenely shameless. They're demanding the US to fund what they are actually spending in Russia on oil, gas, coal and uranium.

[Brian Glenn]

What is the potential? You see, if we work through in some rapprochement with Russia in particular, the fact that we want to get them, break them up from CCP isn't energy. If we talk about at first thing to do is to lay down the guns in Ukraine, but then figure out how we build some prosperity around that cease fire or at least the beginnings of peace are the possibilities of with leadership of the United States and then Western Europe and integration into the energy aspect of that part of Europe and Eurasia. Sir?

[Dave Walsh]

Yeah. I mean we're going to have to take this out of the closet. This invasion took this subject out of the closet. The fact that the European attempted reliance on wind, solar and battery storage has produced net zero energy for them. A lack of energy driving industry out of the uk, out of England, out of Austria and the like. They do have a heavy localized dependence in the region on Russian oil and gas. I think a very large part of any peace process is certainly reinitiating all of that trade for them. They desperately need that and that needs to come out of the closet out in public. Those economies, especially for home heating, commercial heating is all 98% in Western Europe is oil and gas driven, not wind and solar. You don't have that in the morning between 5am and 9am at all. So I mean their dependence on The Russian economy for energy resources that make sense can be a key part of settling this whole thing because it would actually drive up legitimate Russian supply and bring them back into a harmonious conclusion of the real relationship that's there. That's what I'm pointing to. Germany. This whole thing with the pipeline we now know more about the U.S. ukrainian collaboration and the Nord Stream explosion was all about attempting to induce Germany to get into this fray with money. As we all recall the first six months of it, they had no interest in participating at all in the Ukraine conflict, which you know is a decision. So our efforts to help with that Nord Stream pipeline calamity was about attempting to induce them to be troubled into supporting the Ukraine effort. That's how cross linked these countries are with Russian oil and gas supply. Russia natural gas supply just reached the top of the list. The number one exporter of natural gas LNG to Europe became Russia last June, June of 2024. Again vis a vis tankers LNG displacing the US and Qatar as number one suppliers in Western Europe of natural gas. This is only, this only happened seven.

[Brian Glenn]

Months ago during the height of this war. It's so hypocritical. Germany. The signal to the United States of the madness of the Greta Thunberg and everything Germany's. And this is why the government just got turfed out, got crushed. And it should be a lesson to Democrat politicians. Germany's economy is shrinking at 3,5% because as you called it a couple of years ago, they're deindustrializing because they're shutting down major sources of consistent plentiful and cheap energy. I mean, this is a way that you drive an economy into a ground. And this is my point. If you integrate the entire area, as you say, take those deals out of the closet and dust them off. But the first thing you've got to do is get away from this madness of net carbon zero, is it not?

[Dave Walsh]

No. Their supposed conversion to dependence on their energy wind program, wind and solar has really resulted in what typically happens with this year in California and New York, the same thing. For example, example, massive imports of electrification to offset the tiny weeny fractions of energy actually available from wind and solar. So Germany in the last five years has been largely dependent on Russia for heating and cooling, for commercial activities and homes, on French nuclear power, on Polish coal fired power to displace those coal plants and all of the nuclear plants that were closed in Germany by Merkel. An absolute disastrous move by her to attempt to depend on tiny, tiny fractional portions of wind and solar that simply aren't there enough to matter. So the dependence on Russia grew mightily in Germany, as President Trump pointed out at the UN Six and a half years ago, and they thumbed their nose at him. Well, here and now we get the same guy weeping at the podium last week because of J.D. vance's speech. I mean, they've ruined their economy. Chemical plants moving out, steel plants moving out, car plants moving out. It's a disaster. England has seen this already economy on its knees for exactly the same reason, the destitution of its prior energy strength only 15 years ago in the UK with North Sea oil, coal plants, nuclear plants being shuttered now just an energy disaster. So I mean, the reality of their dependence on Russia does need drug out of the closet and made a key part of settling all this because that economic crosslink is in the long run, it's a good thing. If Russia hopefully behaves with the settlement and a peace agreement and we're back in business, we're not going to be able to beat the cost of their LNG pipeline gas with US LNG at a $6 premium coming from the US to displace it, it makes no economic sense. So the Russian energy supply restart on a legitimate basis is a key part of peace action here without question.

[Brian Glenn]

Dave, can you hang on for a second after the break? I want to ask you the question about tariffs tonight. They kick in in Mexico and Canada and I think the 25%, the 10% tomorrow, also I believe in China. President Trump has said at midnight, when the clock strikes midnight, it's all systems go. They've had their warning and it's going to happen. Then later in a month reciprocity. Dave Washington, join us after the break. Financial markets were quite turbulent after President Trump was in the Roosevelt Room. The positive nature of the Taiwan semiconductor was offset by the uncertainty they saw in the tariffs. This is why now more than ever. Birchgold.com Bannon get to Philip Patrick in the team. Understand spend your time. We got all kind of free material into the dollar empire. You've got all the brochures about investing in gold in the era of but get to Philip Patrick and the team about why gold is a hedge in times of financial turbulence. I think it was a 500 point drop in the market at one point. Today we are going to go through some bumps, folks, as President Trump sorts out this mess. Some bumps. Birchgold.com Bannon Short Commercial break Dave Walsh on the other side.

[Mike Lindell]

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[Brian Glenn]

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[Dave Walsh]

Well, let's talk China first. We got to, I mean without congressional ability to dismantle these incentives on solar and wind. But by the way, I do think the national energy emergency helps helps us do that in the short range. In the absence of that ability, going ahead and putting massive tariffs on Chinese solar panels, thin film PV inverters, batteries for utility scale storage, that's a huge deal. 51% of new capacity in the US this year will be solar, 29% battery storage. All of that, essentially all of that imported from China, that's a disaster. So imposing stiff tariffs on a country that will not accept U S made steam turbines, U S made generators, will not accept U S made switchgear, will not accept U S made transformers, will not accept U S end to end made gas turbines parts. They do, but not the whole unit. They have soft programs against the importation of any of that from Japan here in western Europe. So the tariffs in reciprocity on solar, wind and battery storage especially make complete sense with respect to our energy policy that's now dominated by Chinese supplied equipment displacing American fuel. Europe, the same situation with respect to all basic industries. I spent my life working to attempt to export breakers, switch gear, transformers, motors, generators into Europe. You can't do it from here and you can't do it from Japan either. The trade wall in Europe, Western Europe particularly has been up so high for 55 years due to their defense of their social labor governments acting hand in hand with their government controlled industry behemoths. To void out any notionality of participating in global trade. You must buy generation and electrical equipment and steel and cars in Europe that are made in Europe. Europe hard stop. And they defend that with tariffs and they defend that position with a lot of soft regulatory jargon against imports. And for some reason the Wall street, the New York Times never mentioned this, that the trade wall in Europe has been up so high for so long. We're way past the 80 year ago reconstruction of western Europe. It's just a tactic to void out the importation of largely US And Japanese products. Horrendous Mexico, strong message needs delivered. He's delivering it on the border. We're serious about the border, so we've got to make the tariffs stick for a good while to assure she understands we're very serious about the border and they need to keep that border manned with their troops they need to bolster the troops and they need to get after the cartels. And I think Pete Hecseth is on the right page in discussions now opening up about going after them country. And you've got the same issue with Canada on not really being that egregiously supportive of our border needs up north nor accepting of our products over a long history, including mainly ag products. So he's working reciprocity and that makes complete sense and people understand that. So if it's well explained, and I'm sure it will be, people grasp what the essence of reciprocity is on that topic, like for like people blocking us, they've got to see the same medicine coming back and then there's a chance in the longer picture. He is a free trade guy. He said that eight years ago. It's going to, you know, you've got to do this to bring people to sanity on Western Europe, specifically China, specifically accept products from others. Don't dump products here and then not accept anything from the US From Japan. Be rational about it. This is a way to bring them to heal. This is the logical way to do it. Sure, it's harsh, meticulous, but it's the way to do it.

[Brian Glenn]

Trump's geoeconomic plan. He'll say something about this tonight in depth tomorrow at the State of the Union. Dave Walsh, Social media Brain analysis or social media.

[Dave Walsh]

Thanks, Steve. Dave Walsh, Energy Trusocial X and Getter. Thank you, Steve.

[Brian Glenn]

Thank you, brother. Fantastic. Get more of this Geostrate Strategic thought, Geo economic thought, capital markets, geopolitics. Jim Rickards, one of our contributors. Rickards war room.com you get money GPT, his new book about artificial intelligence and capital markets. Quite scary. He also you have available the Strategic Intelligence newsletter. I guarantee if you get it, it'll be your best read every month. Strategic intelligence at a special price. Rickardswarroom.com, go check it out today. Jim gives it to us because he's one of the contributors here, loves coming on the show and loves the audience. Mike Lindell, we got great news on Tina Peters in the next hour. Mike Davis is going to join us. Hopefully get Pat McSweenney, the lawyer. Big news out of Colorado, sir. What's happening in Minnesota with you and your fight against that corruption? Attorney General in the great state of Minnesota, sir.

[Mike Davis]

Well, it's great news about Tina. I hope it's what I hope. I hope it's a get her out because this has been one of the biggest injustices country's ever seen. Just like what's going on right now in Minnesota? Keith Ellison has attacked my Lindell Recover Recovery Network. Steve, I actually, I'm in Texas. I actually had to completely go over what the network was down here. I'm in a big megachurch and we were talking about that and it got brought up today. He's attacking this recovery network, lindorecoverynetwork.org that I set up all my funds that went into it. And to, you know, he just doesn't like the fact that it's a Christian network. It gets people off of addiction. But the big reason is he wants to silence my voice and it's disgusting. We're not going to stop fighting. And that's it. And we've got. And you guys can help out my pillow. He's attacking mypillow too. The IRS is it. And Keith Ellison. So we're giving Back to you guys,998 all of our commemorative war room collection exclusives for these 998 MyPillow 2.0 pillows. Limit 15. When they're gone, they're gone. Promo code, War room. You guys have given us the greatest support that our company could ever ask for. And help yourself get the best sleep of your life. Thanks, Steve.

[Brian Glenn]

Thank you, brother. Andy Biggs, Mike Davis, Todd Bensman. Next in the war room.

[Mike Lindell]

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