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Welcome to the Eric Erickson Show podcast, Our Three.

Greetings, conversationalists. It is Eric Erickson here across the nation. I am delighted to have you with me.

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We have news that I have to get into before I get any more phone calls, and it's a very big deal. I have to timestamp this

for use because the timestamp is very relevant. It is Friday, January 31st, at 207 p.m. as I am talking, and the markets have suddenly begun to tank.

The markets, in fact, began to tank. Let me pull them up so I can show you. Yes, the markets began to tank just about 20 minutes ago.

That 20 minutes ago is deeply relevant because at the White House, the White House press secretary,

who, by the way, is doing an excellent job.

Just a few days on the job is doing an excellent job.

She announced President Trump tomorrow will impose 25% tariffs on Mexico and Canada.

Turns out the president's here is also a 10% tariff on China.

Mexico and Canada are our biggest trading partners.

And the result is prices are going to go up.

...