4.9 • 773 Ratings
🗓️ 23 July 2025
⏱️ 24 minutes
🧾️ Download transcript
The A.M. Update covers President Trump’s major trade deals with Japan and the Philippines, promising economic boosts and tariff advantages. Trump calls out Barack Obama for alleged treason in the Russia collusion hoax, while the DOJ plans to meet with Ghislaine Maxwell. The U.S. Olympic Committee aligns with Trump’s ban on dudes competing in women's sports. Plus, grading Trump’s second term at six months and reflecting on Ozzy Osbourne’s complex legacy.
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0:00.0 | It's Wednesday, July 23rd, 2025. |
0:03.0 | Trump says Obama has some spleenin' to do, no trunes in the Olympics as far as the United States is concerned, |
0:09.0 | and grading the second Trump administration six months in next on the AM update. |
0:17.0 | President Trump says that he has struck a deal with Japan, a trade deal. |
0:22.7 | He says it's the largest deal ever with Japan that involves special reciprocal tariffs of 15% on the country's exports into the United States. |
0:32.2 | In a post on truth social, Trump also said that Japan will invest over a half trillion dollars into the United States, |
0:38.9 | adding that the United States will receive about 90% of the profits. Here he is at the White House |
0:44.5 | yesterday evening. And I said to the Japanese trade representatives, and these were the top people, |
0:51.3 | we concluded the one deal, Doug, and now we're going to conclude another one |
0:54.6 | because they're forming a joint venture with us in Alaska, as you know, for the LNG. So I said, |
1:00.7 | we'll all do that together with Chris. Is Chris here? I don't know. Chris, right? If you could set |
1:06.7 | that up, Doug, it would be great, but they're all set to make that deal now, so I think it's good. |
1:11.3 | This was really the one they had to make, and we're going to make a deal with Japan on the LNG in Alaska, right? |
1:17.6 | Also announced yesterday at the White House. |
1:19.3 | Trump says they've struck a deal with the Philippines. |
1:22.4 | He welcomed their head of state to the White House, said it was a beautiful meeting. |
1:26.5 | Said the United States will have |
1:28.0 | full access to the Philippine market, will pay zero tariffs, but the Philippines will pay a 19% |
1:34.9 | tariff, down from the 20% tariff that they were paying. While that meeting was taking place, |
1:40.6 | Trump fielded questions from reporters, and he lashed out at Fed share Jerome Powell, by the way, |
1:46.1 | there was a phony report, a phony resignation letter going around from Jerome Powell yesterday. |
1:51.4 | Nevertheless, Trump is still very hopeful that he'll resign sooner than later. |
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