President Trump Firm, No More Tariff Extensions Beyond July 8th


Posted originally on CTH on July 1, 2025 | Sundance

There is some interesting information within the video of President Trump aboard AF-1 as he returns from Florida. However, one of the more interesting aspects comes around 05:39 when asked if he was thinking about extending the tariff pause beyond July 8, 2025.

As noted by President Trump, very firmly, no. There is no reason to extend the deadline for reciprocal tariffs beyond July 8th for any country not in direct negotiations as of that date. Trump intends to just send them a letter outlining the applied tariff rate and that’s it. Done is done. WATCH:

This firm date is why India has extended their negotiation team in Washington DC, and is also the reason why Europe is coming Thursday.  The baseline tariffs are done, everyone pays 10% regardless of a FTA or not.  The reciprocal tariff rate will be applied to those without an FTA effective July 9th.

[The EU (who wants a trade deal now) is eventually going to align with Canada (who will need a trade deal later).  This factors into the current trade dynamic and looms over the decision making.]

Post July 9th, President Trump moves on to other important geopolitical matters with the tariffs as an ancillary weapon for adherence to the new international trade alignment.  Those who want to benefit commit to the U.S. dollar as the trade currency (that’s the reason for India’s announcement today), and trade preferences are then used to shake up the geopolitical alignments.  Watch for how this plays out with Trump’s planned UK visit.

From there, and after the gnashing of teeth settles down, later in the summer President Trump then triggers the USMCA renegotiation phase with Mexico and Canada.   President Trump is essentially ambivalent to the pleas from nations who want to continue their trade imbalance.  This sequencing and outline appears clear; but let’s watch and see what happens.

Speaker Mike Johnson Wants Big Beautiful Bill Through House by Independence Day


Posted originally on CTH on July 1, 2025 | Sundance

♦ Some people just can’t take a win.  For the “I need to be outraged” group I would suggest their best time for complaining would be to join the collective association of the tech crew (Musk/Thiel), the alligator emojis (DeSantis/Cruz Crew) and the CONservative free traders (Massie, Paul, Roy).  That group of always unhappy, whining and never satisfied knuckleheads will welcome the griping, bitching and moaning.

However, that doesn’t work here. We have a big win to celebrate.

♦ The Senate version of the previously passed Big Beautiful Bill cuts more spending than originally delivered from the House.  You might ask why then did spending opposition narratives surface now and not when it passed through the House? Good question, we’ll get to that ‘political answer’ in a moment.

For now, the BBB is on track as it was originally planned (by July 4th); albeit right at the outer limits of the predicted timeframe that was announced in January.

[SOURCE]

The Senate BBB passed on a 50-50 vote split, highlighting it was the most conservative bill that could possibly squeak through the Senate.  It is the culmination of MAGA interests -vs- MAGA opposition, with the biggest win being the $70 billion for border security and ongoing deportation operations.

The original plan was always to use rescission bills to cut out the DOGE waste. Per Senate rules, the rescissions/cuts cannot be done until after the initial funding bill is passed (that’s BBB). Timeline: July – BBB, Aug – Rescission bills to cut DOGE waste {examples}, and Sept – FY 2026 Budget bill which begins October 1st.

Additionally, the narrative about the Senate bill including Medicaid spending for illegal aliens is false.

♦ The ban on Medicaid for illegal aliens is actually stronger than initially thought [See page 602. Section 77109].  As noted by Senator Schmidt, “the bill actually goes much further than the house version – beyond banning Medicaid for 1.4 million illegal aliens, it: • Requires states to verify citizenship status before providing coverage • Bans automatic Medicaid enrollment for children of illegal aliens • Excludes DACA from Medicaid.”

♦ This brings me to the “political opposition” aspect.

The declared “spending opposition” to the bill is actually a cover narrative for those who demand expanded immigration (Wall Street) and stand against border control and deportation.

They are angry about the immigration enforcement aspect but must remain quiet about it because so many Americans support the border security part.  So, the CONservatives and Tech bros attack based on spending, but that’s really just a Mick “Cantaloupes” Mulvaney maneuver.

In addition to destroying the “Green New Deal” fiasco, the Big Beautiful Bill gives $70 billion to President Trump to secure the border and get rid of criminal illegal aliens. The border security money is needed to exit the illegal aliens who Obama/Biden imported.  Money for more ICE agents and repatriation flight costs.

The border wall needs to be finished and all measures to ensure the total lockdown. Trump is securing the border, the first step in any immigration reform effort.  This was Ronald Reagan’s biggest mistake.  If congress now wants to discuss what comes next after the criminal illegal aliens & Biden illegal aliens are removed…. with a secure border, that conversation is now possible.

♦ Spending?  Congress and the media have a vested interest in hiding the truth from the American public because factually everything in the BBB is fully funded.   I know, I know, many people are saying, “wait, fully funded? How is that possible?”

Here’s the part everyone keeps missing.  Within the global trade reset President Trump has established a baseline 10% tariff. That means from this moment until the end of time every country will pay a minimum of 10% tariffs on every single import. Even if they get a free trade agreement (FTA) with the U.S. the baseline 10% remains, just like the U.K. deal recently completed.

Yes, steel and aluminum and other targeted tariffs may exceed the baseline 10%, but the baseline will always remain at 10% for everything imported.  There will never be an item delivered to the USA that does not include a 10% baseline tariff.

That baseline 10% tariff revenue -in perpetuity- funds the BBB spending and all of the associated middle-class tax relief within it.  Tariff revenues create a neutral state of spending impact.  This fact is why and how the White House convinced the House and Senate on the deal.

In material fact, even a future Democrat political apparatus will never be able to discontinue the 10% baseline tariffs because they will be dependent on the revenue generated.  Tariff revenue makes spending possible, that stops Democrats from withdrawing it.  In a way President Trump has lowered the income tax burden by shifting revenue to tariffs.

Elon Musk is a disgruntled Tech Bro who: (A) doesn’t like tariffs; (B) is worried about the new visa reviews and H-1B limits under Marco Rubio; (C) angered about the elimination of his Green New Deal subsidies; and is (D) directly attached to and dependent on China.  Plus, wait to see the value loss in Palantir if Trump and Putin strike a deal. Musk is an evil person.

There is a massive amount of winning within this deal.  Just remember, the better something is the more the opposition will use all the tools and puppets at their disposal to keep you from realizing its value.

CNN asked me “Why is @ElonMusk wrong about the Big Beautiful Bill?”

My answer. pic.twitter.com/lKoNeNTWrz

— James Fishback (@j_fishback) July 1, 2025

Big wins today.

Huge.

We’re only five months in….

OMB Director Russ Vaught Breaks Down Major Value of Big Beautiful Bill and Likelihood of Passage


Posted originally on CTH on July 1, 2025 | Sundance

Another facet not discussed in the BBB background is data released by the US Office of Personnel Management showing a reduction of approximately 23,000 federal employees since the Trump administration took office. [LINK HERE] OPM adds that hundreds of thousands will drop from payroll in October 2025. [link]

Office of Management and Budget Director Russel Vought appears on CNBC to discuss the non-pretending facts within the Big Beautiful Bill as it passed through the Senate.  The House now needs to reconcile, support the bill and send it to President Trump’s desk by July 4th.

The key notation from Vought comes at 06:07 of the video below as he explains the BBB is just one facet of a larger cost-cutting initiative (tariff revenue, recission cuts, discretionary spending reductions etc.). WATCH:

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I’ve got two words for the Musk fanboys, Tech bros, CONservatives, Massie/Paul/Roy fools, and those who clutch pearls on the false budget apoplexy; those two words are not ‘Merry Christmas.’

Europe in Rush For Initial Trade Framework – Reality of Baseline Tariffs Setting in


Posted originally on CTH on July 1, 2025 | Sundance

A serendipitous article about information from European Commission officials Björn Seibert and Sabine Weyand, as EU Trade Commissioner Maroš Šefčovič urgently heads to Washington DC for emergency talks Thursday against the backdrop of a July 8 deadline set by U.S. President Donald Trump to do a deal or face 50 percent “reciprocal” tariffs.

Let me just remind everyone the ongoing failure to recognize or accept President Trump’s position regarding both the EU and Canadian trade position with the U.S. will be their undoing.  For whatever reason, likely because it has always been thus for them, they both have a massive cognitive disconnect.

EU trade Commissioner Maros Sefcovic is going to try and avoid the baseline tariffs; however, the aggregate EU now accepts after reviewing the details of the U.S-UK trade agreement, they will not be able to get below 10%.  This alone has them considerably triggered.

The only real tariff positions the EU have to try and escape are the auto tariffs (25%) and Steel/Aluminum (50%).  There is no way for them to avoid the baseline 10% on everything.   Keep in mind President Trump will add a tariff surcharge for Spain’s refusal to meet their NATO obligations.  Trump cannot single out Spain, so the entire EU will be punished with the surcharge for not bringing them into line.

BRUSSELS — The outline of a trade deal between the EU and the U.S. is taking shape. It would contain a baseline 10 percent U.S. tariff, relief for specific industries and an “up-front” U.S. commitment to tariff relief, four diplomats told POLITICO.

[…] Brussels is pushing to secure a U.S. commitment to “up-front” tariff relief at the time of the agreement in principle, according to the diplomats. This would resemble a deal already struck by the U.K. with Washington, which offered tariff exemptions on auto and steel exports while talks on a comprehensive deal continue. A number of EU countries told the Commission no deal of any kind would be possible without such relief.

[…] EU Trade Commissioner Maroš Šefčovič is flying to Washington for a crunch round of talks on Thursday with U.S. Trade Representative Jamieson Greer. He is due to brief EU countries on their outcome on Friday.

In this potentially decisive round, Šefčovič is expected to signal that the EU still hopes to reduce the 10 baseline tariff that Trump imposed on most U.S. trading partners in April. However, under certain conditions, the bloc will say it could accept the 10 percent, according to the diplomats, who were granted anonymity to speak candidly about the closed-door talks.

Second, the EU is pushing for lower rates for key sectors, such as pharmaceuticals, semiconductors, alcohol and commercial aircraft — as sought by German Chancellor Friedrich Merz. The Commission, however, “sees the chance for this happening as quite small,” one of the diplomats said.

Additionally, Brussels still hopes to bargain down Washington’s tariffs of 25 percent on cars and 50 percent on steel and aluminum. According to another diplomat, concessions on steel are most likely, while the first diplomat quoted above said the idea would be to “create a ring of protection” around the EU and the U.S. against Chinese overproduction. (more)

President Trump is a modern honey badger on these issues. He genuinely doesn’t care about the EU position and is perfectly willing to send them a letter outlining their tariff rate.   The EU just cannot fathom this level of in-your-face ambivalence.

With the BBB battle almost behind us, MAGA is on the cusp of a whole ‘nuther level of winning; international edition.

President Trump Participates in Roundtable Discussion from Alligator Alcatraz


Posted originally on CTH on July 1, 2025 | Sundance

While holding a conference and press availability from the new Florida location for speedy processing of illegal aliens, President Trump hears the news of the Senate passing the Big Beautiful Bill.

President Trump, Governor Ron DeSantis and DHS Secretary Kristi Noem highlight the purposes of the latest deportation facility along with Florida officials.  WATCH:

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Senate Finally Passes Big Beautiful Bill 51-50


Posted originally on CTH on July 1, 2025 | Sundance

The final vote was 51-50, with Vice President JD Vance breaking a tie. Republican Senators Susan Collins, Rand Paul and Thom Tillis of North Carolina joined Democrats and voted no. WATCH:

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The Big Beautiful Bill now returns to the House for final vote and passage.

President Trump Meets FL Governor Ron DeSantis Upon Arrival at Alligator Alcatraz


Posted originally on CTH on July 1, 2025 | Sundance

President Donald Trump and DHS Secretary Kristi Noem meet with Florida Governor Ron DeSantis at the new illegal alien detention and transfer facility known as Alligator Alcatraz.

All three government leaders held a brief presser on the tarmac at the transitional airport.  WATCH:

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President Trump Impromptu Presser Departing White House


Posted originally on CTH on July 1, 2025 | Sundance

Chopper pressers are the best pressers. As President Trump departs the White House for a trip to an illegal alien detention center called “alligator Alcatraz” in Florida, he pauses to talk to the assembled press pool.  WATCH:

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HOBBS: Trump Momentum Has Blown Across The Atlantic And Made A Significant Change In Europe


Posted originally on Rumble By Bannon’s War Room on: June 30, 2025, at 6:00 pm EST

$4 TRILLION In Additional Revenue: Steve Miran On President Trump’s Economic Agenda Returning 2.8% GDP Growth


Posted originally on Rumble By Bannon’s War Room on: June 30, 2025, at 3:00 pm EST