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Trump, YOUR Money, YOUR Job, YOUR America
🚨TRUMP BLINKS: U.S. Requests China Meeting
🎢401K COASTER: Had Enough?
🛒TRADE WAR: Bare Shelves
✈️NEWARK AIRPORT UNSAFE: Flights Cut
🇨🇦CANADA: PM Tells Trump Not For Sale,Ever
☢️ INDIA/ PAKISTAN: War Between Nuke Powers
🎢 401K COASTER—TRUMP BLINKS: U.S. Requests China Meeting
YOUR 401k is in jeopardy as stocks closed in the red for two days in a row…
…But stocks turned green this morning on word Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer are traveling to Switzerland to meet Beijing’s lead economic representatives on Saturday, potentially paving the way for broader trade talks. China says the U.S. requested the meeting.
President Trump, meanwhile, says he has no plans to talk to Chinese President Xi Jinping, dashing hopes that progress is being made to ease U.S.-China trade tensions.
Trump threw cold water on negotiating deals with trade partners, sparking the latest market sell-off. At a meeting with Canadian Prime Minister Mark Carney, Trump argued that his administration doesn’t “have to sign deals,” an apparent backtrack from his own top officials, who have promised progress. “They want a piece of our market,” said Trump. “We don’t want a piece of their market.” Canada’s Carney told Trump, “We Are Not For Sale, Ever.”
The S&P 500 is down over 4% for the year.
Many Americans have had enough of the roller-coaster markets, and are selling stocks from their retirement accounts, piling into cash and money-market funds that have swelled to a record.
Americans have quickly soured on Trump’s economic policies. Nearly 2 out of 3 disapprove of his handling of tariffs, according to a Washington Post-ABC News-Ipsos poll.
BY THE NUMBERS:
🛒TRADE WAR: Bare Shelves
The CEOs of Walmart, Target, and Home Depot met privately with President Trump warning him his trade policies could result in empty store shelves in weeks.
President Trump acknowledges there could be a possible toy shortage for Christmas due to his tariffs: "Maybe the children will have two dolls instead of 30,” the President said.
Even if products are available, Exiger CEO Brandon Daniels, on a NewsNation panel says some could be subject to up to 30 different tariffs under Trump’s plan. And that’s going to cost YOU money:
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But perhaps worse than tariffs, Exiger President Carrie Wibben Kaupp, former Pentagon official, tells NewsNation Beijing is stopping exports of critical minerals needed desperately by the U.S.
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The U.S. is now cracking down on sales of A.I. Chips to China. Exiger’s Kit Conklin, who helped write the initial legislation for the House Select Committee on China, tells NewsNation it’s a matter of security.
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📺 GisermanGroup Client Brandon Daniels Featured on CNBC:
🚘What a Cadillac Escalade reveals about supply-chain cost challenges
The complexity of supply chains and the multitude of components in a single product add numerous layers of cost. Supply-chain AI Company Exiger used the 2025 Cadillac Escalade OLED infotainment system as an example.
The OLED display panels are produced by LG in South Korea, while the specialty curved cover glass is formed in Japan, and the touch-sensitive film sensors and semiconductor driver electronics are made by companies LX Semicon and MagnaChip, based in South Korea. Meanwhile, the connectors and wiring harnesses are made by TE Connectivity, with some assembled or partially integrated in Mexico.
“The challenge is tracing each of these carefully manufactured components across multiple borders, through various stages of assembly and integration, to clearly understand where exemptions exist and where tariffs might bite,” said Brandon Daniels, Exiger CEO.
🥃Whiskey Tariffs: A Shot At USA
➡️GisermanGroup.com Client Brandon Daniels, CEO of Exiger, tells CNBC the retaliatory EU tariffs place American whiskey producers at a substantial competitive disadvantage:
➡️How the world is reacting to tariffs: Exiger CEO Brandon Daniels earlier from Davos on BloombergTV
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💸TRADE WAR: Trump Tariffs Hit YOUR POCKETBOOK
From furniture makers to toy shops, companies are starting to tack tariff surcharges onto invoices as a separate line item. Some are a $5 flat fee, while others represent as much as 40% of the subtotal. It’s a way to pass on at least some tariff costs to consumers.
But, cellphones, laptops, computer chips and other electronics will now be exempt from Trump’s sweeping 145% tariff on China,. Those products will still be subject to other levies including a 20% fee Trump added to Chinese goods in response to the country’s role in the fentanyl trade. Treasury Secretary Howard Lutnick says the move is only temporary.
Last year, three-quarters of all toys and sporting goods, and 40% of shoes imported into the U.S. came from China.
🛒TARIFF WAR: White House vs Amazon
President Trump called Amazon founder Jeff Bezos to complain about a report that the e-commerce giant planned to highlight tariff costs by showing customers the tariff increase next to the total price.
The White House accuses Amazon of a "hostile and political act." Amazon now says a similar idea was discussed but it’s “not going to happen.”
"Why didn't Amazon do this when the Biden Administration hiked inflation to the highest level in 40 years?" Karoline Leavitt, White House press secretary, asked in a press briefing.
She pointed to Amazon's relationship with China, holding up a printout of a Reuters article headlined "Amazon partnered with China propaganda arm," and said the price move is "not a surprise".
In a related development: UPS says it will cut 20,000 jobs due to lower Amazon sales as tariffs cause prices to rise.
✈️NEWARK AIRPORT UNSAFE: Flights Cut
United Airlines is cutting 35 flights a day – or about 10% – at its Newark Airport hub due to safety concerns over government equipment failures and air traffic control staffing. Turns out Air Traffic Controllers lost contact with some planes last week.
"Technology that FAA air traffic controllers rely on to manage the airplanes coming in and out of Newark airport failed – resulting in dozens of diverted flights, hundreds of delayed and canceled flights and worst of all, thousands of customers with disrupted travel plans," United CEO Scott Kirby said in an email to customers. "Unfortunately, the technology issues were compounded as over 20% of the FAA controllers for (Newark) walked off the job."
‼️TRUMP: Uncertain About Constitution
President Trump asked about his constitutional obligations, "Don't you need to uphold the Constitution of the United States as president?" Trump replied, "I don't know."
Trump argued in an interview on “Meet the Press” that fulfilling his ambitious campaign promise to rapidly carry out mass deportations may take precedence over giving immigrants the right to due process under the Constitution, as required by courts.
A central part of Trump’s agenda has been implementing the “largest deportation operation” in U.S. history, as he vowed during the 2024 campaign. In service of that goal, his administration has pressed the courts to allow the immediate removal of immigrants it accuses of being members of a Venezuelan gang, without giving them a chance to plead their case before a judge.
In an interview last month with “Meet the Press,” Secretary of State Marco Rubio said, “Yes, of course,” when asked whether every person in the United States is entitled to due process.
Trump, however, isn’t so sure.
“I don’t know. I’m not, I’m not a lawyer. I don’t know,” Trump replied when asked by “Meet the Press” moderator Kristen Welker whether he agreed with Rubio.
💸WARREN BUFFET
94 year old Billionaire Warren Buffett shocked an arena full of shareholders by announcing that he will retire as CEO at the end of the year, bringing the curtain down on a six-decade run leading Berkshire Hathaway that made him the most influential investor in the world. Buffett will remain Chairman
Buffett said he will recommend to Berkshire Hathaway’s board that Vice Chairman Greg Abel should replace him.
“I think the time has arrived where Greg should become the chief executive officer of the company at year end,” Buffett said.
Abel has been Buffett’s designated successor for years, and he already manages all of Berkshire’s noninsurance businesses. But it was always assumed that he would not take over until after Buffett’s death. Previously the 94-year-old Buffett always said he had no plans to retire.
Buffett announced the news at the end of a five-hour question and answer period without taking any questions about it. He said the only board members who knew this was coming were his two children, Howard and Susie Buffett. Abel, who was sitting next to Buffett on stage, had no warning.
🏀KNICKS: Take Playoff Game One
The NY Knicks erased a 20-point deficit to win Game 1, 108-105, in overtime to steal home-court advantage away from the reigning champion Boston Celtics.
The Celtics missed an NBA record 45 3-pointers in the loss, going 15 for 60 from beyond the arc.
Still, the Celtics are the heavy favorites to win the series, which resumes with Game 2 on Wednesday night.
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🔻TRUMP POLL: Lowest 100-Day Approval In 80-Years
Donald Trump has the lowest 100-day job approval rating of any president in the past 80 years, with public pushback on many of his policies and extensive economic discontent, including broad fears of a recession, according to a new ABC News/Washington Post/Ipsos poll.
Thirty-nine percent of respondents in this ABC News/Washington Post/Ipsos poll said they approve of how Trump is handling his job as president, down 6 percentage points from February, while 55% said they disapprove.
The previous low in approval for a president at or near 100 days in office, in polls dating to 1945, was Trump's 42% in 2017.
🇨🇦 CANADA: Mark Carney’s Liberal Party Wins Election
Prime Minister Carney’s party looked headed for a crushing defeat until. President Trump started attacking Canada’s economy and threatening its sovereignty, suggesting it should become the 51st state. Polls had the Conservatives with comfortable leads only months ago.
📺 ‘60 MINUTES’: Criticizes Its Bosses On-Air
CBS News' "60 Minutes" show ended by taking aim at parent company Paramount over former executive producer Bill Owens' who resigned last week.
Scott Pelley said in the segment that Paramount "is trying to complete a merger" the Trump administration "must approve" and it "began to supervise our content in new ways," adding: "None of our stories has been blocked, but Bill felt he lost the independence that honest journalism requires."
🪙DIMES: Coins Spill, Shut Down Road H
Millions of dimes on the road.
The aftermath of an accident in which an 18-wheeler had rolled onto its side in Alvord, Texas, a town about 50 miles north of Fort Worth.
What had spilled out was part of a load of eight million dimes,
The truck was carrying the freshly minted coins for the U.S. Mint, according to the Wise County E.M.S. Rescue, which responded to the rollover at 5:15 a.m. The driver and the passenger suffered injuries that were not life-threatening and were later released from a hospital, officials said. There were no other injuries.
🚘MUSK: Stepping Back From DOGE After Tesla Losses
Tesla CEO Elon Musk began his company’s earnings call on Tuesday by saying that his time spent running President Donald Trump’s Department of Government Efficiency will drop “significantly” starting in May.
Musk, who has watched Tesla’s stock tumble by more than 40% this year, said he’ll continue to support the president with DOGE “to make sure that the waste and fraud that we stop does not come roaring back.”
Musk’s comments came after Tesla reported disappointing first-quarter results, including a 20% year-over-year slump in automotive revenue and 71% plunge in net
🏠HOME SALES: Sink
Home Sales in March Fell 5.9%, their Biggest Drop Since 2022
Sales of existing homes in March posted their biggest monthly decline in more than two years, kicking off a lackluster start to the critical spring selling season after economic uncertainty and high home prices kept buyers away.
➡️Housing Expert Rick Sharga says the American Dream is turning into the American Nightmare
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👜NO KIDDING!: Homeland Security Secy’s Handbag Stolen
Get this — the woman in charge of America’s security can’t guard her own pocketbook
Homeland Security Secretary Kristi Noem’s Bag, with Security Badge and $3,000 in cash was Stolen while dining at a Washington, D.C., restaurant. She also lost her passport and keys.
‼️TEXT-GATE: Excuses, Lies & Coverups
Defense Secretary Pete Hegseth’s personal phone number, the one used in a recent Signal chat, was easily accessible on the internet and public apps as recently as March, potentially exposing national security secrets to foreign adversaries, according to rge New York Times.
He apparently did it a second time —Defense Secretary Pete Hegseth used his personal phone to send information about U.S. military operations in Yemen to a 13-person Signal group chat, including his wife and his brother, according to reports.
Asked by reporters if he still had confidence in his defense secretary, President Trump defended Pete Hegseth. “He’s doing a great job — ask the Houthis how he’s doing,” he said, referring to the rebel group in Yemen. The Houthis were the target of strikes about which Hegseth shared information in a private Signal group.
The development comes about a month after it became public that Hegseth shared details of strikes in Yemen in a separate Signal chat with top administration officials. The editor-in-chief of The Atlantic was mistakenly
🔥ARSON : Jewish PA Governor Attacked on Passover
Police say a suspected arsonists has been arrested and will be charged with terrorism after Pennsylvania Governor Josh Shapiro and his family were evacuated from their home after a fire broke out.
Shapiro, a Democrat and a Jew, said on Facebook that the Pennsylvania State Police woke his family by banging on the door around 2 a.m. to warn them of the fire which significantly damaged the Governor’s residence. He said no one was injured.
Hours before the fire, Gov. Shapiro wrote on social media that he and his family were marking Passover, which began at sunset on Saturday.
🏛️HARVARD: Hits Back At Trump
President Trump threatened Harvard University’s tax-exempt status after the school hit back at his administration’s demands for a series of policy changes.
The threat came a day after the Trump administration halted more than $2 billion in federal funding for Harvard because the university rejected changes to its hiring and admissions practices and curriculum.
“No government — regardless of which party is in power — should dictate what private universities can teach, whom they can admit and hire, and which areas of study and inquiry they can pursue,” says Alan Garber, Harvard’s president.
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📱TikTok: Sale Scuttled By Trump Tariff
OpenAI is considering building a social network to compete with Elon Musk’s X and Meta’s Instagram.
The project is still in its early stages, said the person, who asked not to be named due to confidentiality. It’s based on the popularity of OpenAI’s newest image-generation feature, which has led to an overloading of the company’s servers.
Meanwhile, President Trump extended the deadline to sell TikTok for another 75 days. The White House and TikTok’s Chinese-based parent company, ByteDance, had agreed to a proposed deal and were preparing to announce it Thursday when the company told administration officials that China insisted on tariff negotiations first, according to the Washington Post.
Amazon has put in a bid to acquire TikTok, as it approaches a deadline to be separated from its Chinese owner or face a ban in the United States. AppLovin, the mobile technology company that provides a platform for app developers to grow their businesses, also jumped into the race, as has Oracle which hosts TikTok in the U.S.
GisermanGroup client, Exiger’s JC Herz says TikTok as it stands now is dangerous.
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👙HOOTERS BANKRUPT: Inflation or Deflation?
Hooters, the restaurant chain known for its all-female serving staff in revealing outfits has filed for bankruptcy in a Texas court, the company announced on Monday.
Under the bankruptcy agreement, a group that includes the company’s founders — who independently run about a third of the franchised locations in the United States — will buy the company-owned restaurants in the United States from the private equity firm that owns the chain.
The complicated bankruptcy filing is a way to keep many of the restaurants open.
📺YOUTUBE: Tops TV Viewing
YouTube commanded more TV time than any other media provider in February, and its top ranking was thanks in part to viewers over the age of 50.
The service accounted for 11.6 percent of all TV use in the country in Nielsen‘s rankings of media distributors for the February period (which ran from Jan. 27-Feb. 23). That’s an all-time high for YouTube and the second time it has placed atop the distributor rankings; it previously did so in July 2024.
YouTube improved from 10.8 percent of TV use in January and passed Disney (10 percent) for the overall spot among TV content distributors. Nielsen notes that the rise for YouTube was fueled partly by a somewhat surprising source: people over 50, who accounted for about 36 percent of all time spent watching YouTube on TV screens — more than the combined 28 percent for teenagers and adults 18-34. The media distributor rankings don’t include viewing on computers or mobile devices, which means the demographics Nielsen cited might not be fully representative of YouTube’s total usage across all devices.
🧪23andMe: Files Bankruptcy-Your DNA Safe?
23andMe filed for bankruptcy late Sunday night and announced the resignation of its chief executive, capping a precipitous fall for the DNA-testing company.
So, is that DNA you gave them, and information garnered from it safe?
More than 15 million people provided the company with their DNA samples, a virtually unprecedented repository of human genetic information that could be sold in bankruptcy proceedings.
California’s Attorney General Rob Bonta issued an alert to consumers in his state, reminding them of their right to delete their information, a step some may scramble to take due to concerns over who may ultimately own their personal genetic data.
🇺🇦UKRAINE: Trump Fails To Get Putin To Agree To Ceasefire
President Trump spoke with Russian President Putin on a plan to halt fighting in Ukraine for 30 days.
Putin agreed to a limited cease-fire against Ukraine’s energy infrastructure, but remained defiant to a full ceasefire.
It comes after Ukrainian President Volodymyr Zelenskyy said his Oval Office blowup with President Donald Trump was “regrettable,” adding that he stands ready to work under Trump’s “strong leadership” to get a lasting peace.
The shouting match blew up plans to sign a minerals deal.
Exiger’s Kit Conklin tell’s NewsNation the US really needs those minerals.
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💻AI Chips Made In The USA
The world’s most sophisticated computer-chip maker invests in the US.
Exiger’s Brandon Daniels tells NewsNation it’s just part of a changing global supply chain.
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💻U.S. Government Prohibited From Using Chinese AI
Congressional and other government offices have been warned not to use the Chinese AI app DeepSeek, due to worries about security.
Lawmakers plan to introduce a bil that would ban DeepSeek’s chatbot application from government-owned devices, over new security concerns that the app could provide user information to the Chinese government.
Meta and Microsoft are talking up their AI strategies and saying they are sticking with ambitious investments despite the investor panic this week over the rise of the cheaper to develop Chinese AI model.
SupplyChain expert, Exiger CEO Brandon Daniels and a panel of experts with the DeepSeek fallout on NewsNation
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🛫Airplane Safety Worries For Your Next Trip
Two people were found dead in the wheel well of a JetBlue plane from New York City after it landed at Fort Lauderdale-Hollywood International Airport, the airline said Tuesday. It’s the latest in a string of incidents that have raised concerns over airline security.
A Jeju Airlines plane burst into a deadly fireball during a failed belly landing in South Korea, killing 179 people.
If your fear of flying has ramped up in recent months you’re not alone. More than half of travelers say recent news of aircraft and airline incidents has affected the way they book travel.
The latest problem: turns out new Boeing and Airbus jets have parts made from titanium, sold using fake documentation.
Exiger President Carrie Wibben tells NewsNation it raises concerns about the structural integrity of those planes.
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💻Hackers Take Advantage Of Airline Computer Glitch
It keeps getting worse!
Regulators are investigating how Delta Air Lines is treating passengers affected by canceled flights after the airline’s global tech outage, which forced Delta to cancel more than 5000 flights.
CrowdStrike now warning its customers: hackers are trying to exploit the computer outage.
➡️Exiger’s Katie Arrington with the fallout:
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🚌Childcare Economic Crisis
The Cost of Childcare Is Out Of Control. What Will President Trump Do?
Debbie Bermudezof IMAGINE EARLY LEARNING with the problems on NewsNation
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🎯 Chinese Slave Labor Making Your iPhone
Republican Vice Presidential nominee JD Vance says that shiny-new iPhone you want to buy may be made by Chinese slave labor. Vance named China the biggest threat to the U.S. & Democratic VP Candidate Tim Walz agrees.
While Apple denies it uses slave labor, China and Supply Chain expert, Exiger CEO Brandon Daniels tells NewsNation many US companies unknowingly use Chinese slave labor, and that needs to stop now.
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🤖AI—Latest Battleground For US & China
Artificial Intelligence—the latest battleground for the U.S. and China.
Exiger’s JC Herz tells NewsNation China already knows how to hack American Water Systems and Electrical Grids.
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