Transcript
Doug Schumer (0:00)
Doug Schumer and Nancy Pelosi. They've been talking about tariffs for decades. How come when these Democrat elites want tariffs, everything's hunky dory, but when President Trump wants tariffs, all hell breaks loose. Do you see this double standard?
Ben Ferguson (0:11)
I love this guy, whoever the hell that is. That's right. I appreciate that question.
Ben Ferguson (0:17)
You're listening to the 47 Morning Update with Ben Ferguson.
Ben Ferguson (0:21)
Good Monday morning. Welcome. It is the 47 Morning Update Ben Ferguson with you. And here are the three big stories you need to know about right now. First up, the Trump administration is now negotiating, negotiating with 130 countries on tariffs. Massive news that the media doesn't want you to know about. I'll give you those details in just a moment. Also, Donald Trump is asking for your help when it comes to deregulating our government. Doge has set up a website now where you can go directly to them and explain how there's a government regulation that is hurting you, your business or your industry. And if they fix it, they may even name the fix after you. And finally, a massive win for the Trump administration when it comes to deporting students who are here on visas that are advocating for violence and supporting terrorist organizations. It's the 47 Morning Update and it starts right now.
Ben Ferguson (1:18)
Story number one.
Ben Ferguson (1:19)
I want to give you a very important update on what's going on with tariff negotiations. This is a story that the media is not going to want to tell you about because of the number that I'm about to disclose to you. You may remember the other day there was reports out that there were 50 countries that had lined up to negotiate their tariffs to the Trump administration. Then that number went to 70 and that is when the media started getting quiet on the story. We now have a new number and the Trump administration has told us that they are now negotiating with 130 countries on tariffs. Now I want you to hear this back and forth with liberal Jake Tapper over at CNN on say the, say the union talking with the National Economic Council Director Kevin Hassett. And here is what Jake Tapper tried to say when he was baiting him into a false narrative. Take a listen.
Doug Schumer (2:18)
What do you say to small business owners or even big business owners who say they're having difficulty making long term business decisions because the country seems right now to be run by capricious Whimsical. Oh, I don't think at all it's run by Capricious Web. The way that I would think about it is that in the previous administration you can sort of say, if you're thinking about it in the football analogy, is that they were running out the clock and that what's going on now in the Trump administration is across a wide array of policy areas. We're in a two minute offense and the two minute offense is pushing, as you've seen the reconciliation bill through, so that we get tax relief for American people, deregulation, and of course, trade policy. Now on the trade policy, the whole point of the trade policy is to address the national emergency that we're too dependent on foreign products in the US Especially if we were at a time of conflict and we're doing something about that. And the reciprocal act was basically, guys, if you come to the table and negotiate us with us and treat us the same way we treat you, then we'll, you know, get your rate really low. And so right now, 130 countries, 130 countries have responded and we're negotiating with them and they've got their rate down to 10%. And so really it's kind of almost a two world system. There's, there's a process about China and that's very, very nascent, if at all. And then the process for everybody else. So the process for everybody else is orderly. It's clear people are coming to town with great, great offers. And we've got Japan, Korea, India. I was just talking to the foreign minister of India and everything is moving forward very quickly. And so I guess the bottom line is that the small business owner has experienced over the last few weeks the start of a process that's settling down really quite quickly. Again, 130 countries are at 10% now.
