3.8 • 3.7K Ratings
🗓️ 6 March 2025
⏱️ 49 minutes
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0:00.0 | If it's Thursday, President Trump reverses course on his own trade war, announcing temporary |
0:07.8 | tariff exemptions for many goods coming in from Canada and Mexico, marking another day of |
0:12.8 | confusion on Main Street and volatility on Wall Street. Plus new targets in the effort to |
0:18.4 | slash the size of government, the Trump administration plans to lay off tens of thousands of veterans' affairs employees |
0:23.6 | as the president is reportedly preparing to gut the Department of Education. |
0:29.6 | And America's allies weigh a potential pullback of intelligence sharing with Washington, |
0:34.6 | and President Trump considers backing away from NATO amid a widening |
0:40.3 | rift with Ukraine and warming relations with Russia. |
0:43.3 | Welcome to meet the press now. I'm Kristen Welker in Washington, where President Trump has just made another abrupt pivot in the United States trade war with America's neighbors to the north and south. |
1:05.5 | This afternoon, the president announced a one-month pause on the sweeping 25 percent tariffs for many, but not all imports for Mexico and Canada. |
1:14.5 | The pause will apply to all goods that are compliant with the North American trade agreement, note as USMCA. |
1:21.1 | And as a reminder of how abruptly things are changing here, these 25 percent tariffs just went into effect on Tuesday. |
1:28.0 | The president signed an executive order with these temporary exemptions about 90 minutes ago, |
1:33.8 | stressing that it is a short-term deal. |
1:39.0 | And I spoke to the president of Mexico, a wonderful woman today, |
1:47.0 | and we helped them out with the problem they were having, having to do with the tariffs, short-term tariffs. And we had a very good |
1:53.8 | conversation. Also, we discussed drugs, and they were working much harder lately, do you notice that, |
2:03.1 | on people coming in and drugs? And we've made tremendous progress on both. President Trump, what's your thought about |
2:08.0 | why the markets are so spooops? Do you think they don't like the tariffs or do they not like |
2:12.4 | the uncertainty with some of the changes and the carbouts? Well, a lot of them are globalist countries and companies that won't be doing as well |
2:21.5 | because we're taking back things that have been taken from us many years ago. |
2:27.3 | We've been treated very unfairly as a country. |
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