4.8 • 3.5K Ratings
🗓️ 5 March 2025
⏱️ 10 minutes
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0:00.0 | Today we're talking about trade tariffs taking effect, updates regarding Ukraine, President Trump's |
0:07.6 | speech to joint sessions of Congress, and other top news for Wednesday, March 5th. |
0:12.7 | Stay informed while remaining focused on Christ with the poor over today. |
0:17.1 | Here's the quote of the day. |
0:19.0 | Lent is a time for discipline, for confession, for honesty, |
0:22.6 | not because God is mean or fault finding or finger pointing, |
0:26.6 | but because he wants us to know the joy of being cleaned out, |
0:29.6 | ready for all the good things he now has in store. |
0:32.6 | N.T. Right. |
0:35.6 | Let's get started with some espresso shots. The tariff hammer has dropped. After a |
0:44.5 | month-long pause, President Trump imposed 25% tariffs on imports from Canada and Mexico yesterday |
0:50.9 | and raised last month's tariff on Chinese goods from 10% to 20%. |
0:55.6 | Canada and China retaliated swiftly. |
0:59.5 | China imposed a 10 to 15% tariff on U.S. agricultural imports, and Canada levied a 25% tax on |
1:07.1 | tens of billions of dollars worth of American goods. |
1:10.2 | Mexico promised to respond with both tariff and non-tariff measures on Sunday. |
1:14.6 | The stock market didn't take the news lightly. |
1:17.6 | All three major indexes dropped as investors braced for rising prices and falling consumer demand. |
1:24.6 | Automakers could be hit hardest as car parts currently cross borders multiple |
1:29.3 | times during the manufacturing process. Meanwhile, Target CEO warned shoppers to brace for higher |
1:35.8 | prices, specifically on produce and alcohol, as soon as this week. |
1:50.0 | The governments of the world have different things on their agenda than God's kingdom. |
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