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The President's Daily Brief

PDB Afternoon Bulletin | February 3rd, 2025: Mexico & Panama Capitulate To US Demands & Trump Moves To Gut Major US Aid Agency

The President's Daily Brief

The First TV

News, Politics

4.73.2K Ratings

🗓️ 3 February 2025

⏱️ 10 minutes

🧾️ Download transcript

Summary

In this episode of The PDB Afternoon Bulletin:   First, President Donald Trump’s unique foreign policy strategy is starting to yield results, as Mexico partially caves over Trump’s tariff threats, and Panama makes a big concession aimed at curbing China’s influence over their vital canal. Then, we’ll discuss this weekend’s drama over the U.S. Agency for International Development, or USAID, after Elon Musk’s Department of Government Efficiency seized control of USAID’s headquarters and locked out their employees, vowing to dismantle what officials say is an agency beyond reform. To listen to the show ad-free, become a premium member of The President’s Daily Brief by visiting PDBPremium.com. Please remember to subscribe if you enjoyed this episode of The President's Daily Brief. YouTube: youtube.com/@presidentsdailybrief Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

It's Monday. Welcome to the P.D.B. Afternoon. Afternoon. I'm Mike Baker. Your eyes and ears on the world stage. Let's get briefed. First up, President Trump's

0:23.4

unconventional foreign policy strategy appears to be starting to yield results, as Mexico

0:30.1

appears to somewhat capitulate to Trump's tariff threats, and Panama makes a significant

0:36.5

concession aimed at curbing China's influence

0:39.2

over the vital Panama Canal. Then, we'll discuss this weekend's drama over at the U.S.

0:45.4

Agency for International Development, or USAID, after Elon Musk's Department of Government

0:51.3

Efficiency seized control of USAID's headquarters, and locked out

0:56.2

their employees, vowing to dismantle what administration officials say is an agency beyond reform.

1:03.2

But first, our afternoon spotlight. It appears that President Trump's approach to foreign policy,

1:09.3

well, may be paying dividends. As PDB listeners know,

1:13.7

Trump imposed 25% tariffs on goods from Mexico and Canada on Saturday, largely over concerns

1:20.5

about illegal immigration and fentanyl trafficking, as well as current imbalances in the North American

1:26.9

Free Trade Pact.

1:28.5

But the tariffs immediately stoked fears that Trump's approach could ignite a trade war

1:33.7

with two of America's top economic partners.

1:37.3

Mexican President Claudia Scheinbaum had recently promised to retaliate with tariffs of her own

1:42.5

if Trump moved forward.

1:45.8

But on Monday morning,

1:51.6

well, she appeared to take a different approach. President Trump announced Monday that he's pausing the 25% tariff on Mexico for one month after Shinebom agreed to immediately deploy 10,000 Mexican

1:59.2

soldiers to the U.S. border to stem the flow of fentanyl and illegal migrants.

2:05.0

Trump said that Secretary of State Marco Rubio and others in his administration would spearhead

2:10.3

further negotiations with Mexico during the tariff pause, adding, quote, I look forward to participating

...

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