Thursday, March 13th, 2025 - Trade war escalates; Musk funds Trump; Gov’t shutdown; EPA rollbacks; Greenland election upset

Morning Announcements

Betches

News Commentary, Daily News, News, Politics

4.8 • 1.4K Ratings

🗓️ 13 March 2025

⏱️ 6 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today’s Headlines: The trade war intensified as the EU and Canada announced steep retaliatory tariffs on U.S. goods, ranging from steel and aluminum to whiskey and motorboats. Despite this uncertainty, February’s inflation report showed a slight decline to 2.8%, beating expectations. Meanwhile, Tesla’s CEO has reportedly told Trump’s advisers he plans to invest $100 million into super PACs aligned with the former president, though details remain unclear. In Washington, a government shutdown is set for tomorrow unless Senate Democrats secure enough votes to pass a funding bill. The EPA announced a sweeping rollback of 31 environmental regulations, cutting protections on emissions, coal plants, and wetlands. And in Greenland, the opposition party won a major election, signaling a move toward independence from Denmark—while the one party that backed Trump barely registered in the vote count. Resources/Articles mentioned in this episode: WSJ: Europe, Canada Hit Back at U.S. Steel Tariffs WSJ: Inflation Cooled to 2.8% in February, Lower Than Expected NY Times: Elon Musk Seeks to Put $100M Into Trump Political Operation Axios: Senate Democrats embrace hardball on government shutdown AP News: EPA head says he'll roll back dozens of environmental regulations, including rules on climate change Greenland opposition party wins election amid Trump takeover talk Morning Announcements is produced by Sami Sage alongside Bridget Schwartz and edited by Grace Hernandez-Johnson Learn more about your ad choices. Visit megaphone.fm/adchoices

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1:29.0	The trade war continued yesterday with the EU and Canada announcing retaliatory tariffs against
1:34.3	the United States.
1:35.8	Canada said that it will put 25% tariffs on an additional $20 billion in U.S. imported steel
1:41.2	and aluminum products, as well as computers and sports equipment,
1:44.5	these will take effect today.
1:46.4	The EU said that it will put 50% tariffs on approximately $25 billion worth of American whiskey,
	...

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