Leaked audio recordings reveal Senator Ted Cruz criticizing former President Trump’s tariff policies and Vice President J.D. Vance. In the recordings, Cruz warned donors that Trump’s tariffs could damage the economy, leading to potential impeachment, and described a tense phone call with Trump regarding the matter. Cruz also accused Vance of being influenced by Tucker Carlson and pushing for anti-interventionist policies, including the ousting of national security advisor Mike Waltz. Furthermore, Cruz discussed his struggles with the White House in regards to a trade agreement with India, mentioning resistance from Peter Navarro, Vance, and, at times, Trump.
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President Trump has announced the US will increase tariffs on South Korean imports to 25%, citing South Korea’s slow approval of a trade deal reached last year. The South Korean government has stated it was not officially notified of the decision and is seeking urgent talks with the US to address the issue. The initial trade agreement included a $350 billion investment from South Korea into the US. Trump has previously used tariffs as a foreign policy tool, most recently threatening Canada and the UK with tariffs in unrelated trade disputes.
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Volkswagen is reportedly reconsidering plans for a significant Audi factory in the United States, attributing the decision to President Trump’s automotive tariffs. The company’s CEO disclosed that these levies resulted in a $2.5 billion loss during the initial nine months of 2025. German investments in the US experienced a substantial 45% year-on-year decrease during the same period. Following Trump’s warnings of potential further tariffs, and growing global trade uncertainty, the price of gold reached an unprecedented level.
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Following a potential trade agreement between Canada and China, former U.S. President Donald Trump threatened to impose a 100% tariff on Canadian goods. This threat, posted on Truth Social, came after a deal was announced between Canada and China to lower tariffs on canola oil and electric vehicles. The move has sparked a diplomatic dispute, as Canadian officials deny pursuing a free trade deal with China. Earlier in his term, Trump had expressed support for a potential trade deal with China, demonstrating a shift in stance.
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Trump threatens Canada with 100% tariff over possible deal with China, and honestly, the whole situation feels like a bad, repetitive movie. It’s the same old script, the same tired tropes, and the same predictable ending, or perhaps no ending at all, just a continuous cycle of escalating absurdity. One week he’s saying a deal with China is fine, the next, he’s threatening a trade war. It’s exhausting, frankly.
Trump threatens Canada with 100% tariff over possible deal with China, and the knee-jerk reaction seems to be “here we go again.” It’s almost as if he’s actively trying to alienate allies and isolate the United States.… Continue reading
In a recent social media post, U.S. President Donald Trump threatened a 100% tariff on all Canadian goods if Canada makes a “deal” with China. This follows a speech by Prime Minister Mark Carney at Davos, perceived as a challenge to U.S. policies. Trump’s statement came after Canada and China reached an agreement on electric vehicle and canola tariffs. The President warned of dire consequences for Canada if it allows China to use the country to bypass U.S. trade restrictions.
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European markets experienced a surge on Thursday following President Trump’s cancellation of planned tariffs on eight European countries, prompting analysts to label it a “Trump Always Chickens Out” (TACO) trade. The FTSE 100, Germany’s Dax, and France’s Cac all saw significant gains, contributing to a broader increase in the pan-European Stoxx 600. This positive shift occurred after Trump had initially threatened tariffs, but reversed course, reportedly after reaching an unspecified deal. The removal of the threat of military action and tariffs provided relief to investors, although concerns remain about their potential return if trade talks falter.
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President Trump reversed course on Wednesday, withdrawing threatened tariffs against eight European nations following discussions with NATO. This decision came after Trump’s speech at the World Economic Forum, where he focused on U.S. control over Greenland, citing national security concerns and potentially upending NATO. While the details of any Greenland deal remain unclear, Trump proposed a framework that might include increased U.S. military presence in the area. Following the announcement, Greenland residents began preparing for potential crises.
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President Trump announced a new “framework” deal regarding Greenland and the Arctic region, following a meeting with NATO Secretary General Mark Rutte. While details of the deal remain scarce, it is expected to focus on Arctic security among NATO allies. This announcement also coincided with Trump’s decision to forgo imposing tariffs on eight European countries. Further information on the deal will be released as negotiations progress, which will include Vice President JD Vance, Secretary of State Marco Rubio, and Special Envoy Steve Witkoff.
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President Trump announced a “framework of a future deal” with NATO Secretary General Mark Rutte concerning Greenland and the Arctic, which he described as involving mineral rights and the “Golden Dome” missile defense system. As a result of this agreement, scheduled tariffs on European countries will no longer be imposed. Details of the deal are still vague, with further information to be released as negotiations progress, and the White House has not yet provided further comment. The announcement follows weeks of tensions after Trump sought to acquire Greenland, a territory of Denmark, and threatened tariffs in response to pushback.
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John Q. Hosedrinker 
Matt Underwood