Tonight, the Allies strike back as Canada announces a 25% tariff on billions of dollars worth of American products.

Then Elon Musk has his sights set on Social Security, what's at stake for seniors and others who rely on the program.

Plus, Chuck Schumer says Democrats will reject a GOP funding bill ahead of the Friday shutdown deadline

as the 11th hour gets underway on this Wednesday night.

Here we go again. Good evening. I am Stephanie Ruhl and welcome to the midweek nightcap. It is day

52. I know it feels like 502, but 52 of the second Trump

administration and the Trump trade wars are heating up after the president's new steel and

aluminum tariffs took effect overnight. American allies are fighting back. Canada is putting a

25% tariff on 21 billion bucks worth of American goods. And Europe, Europe is putting

counter tariffs on about $28 billion worth. Today, the president defended his back and forth decisions,

and he talked about what's next. It's called flexibility. It's not called inconsistency. It's called

flexibility. There will be very little

flexibility once we start. April 2nd is going to be a very big day for the United States of America.

The United States of America is going to take back a lot of what was stolen from it by other countries.

Stolen by Canada. Today's big inflation report was better than expected, showing cooling price growth.

But don't forget, that data is all from before the president's tariffs took effect.

Meanwhile, the federal government layoffs are continuing.

The AP reports that NOAA, the agency that monitors our weather and oceans, is about to cut more than a thousand employees. That is one in every four

employees. That is before tomorrow's deadline for all agencies to submit their plans for massive cuts.

However, today, a federal judge suggested that he may grant a request to reinstate thousands of

fired probationary workers, at least for now. Doesn't that all sound very efficient?

All right, let's bring in our nightcap because it is a fantastic one.

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