Your News Talk America with Jake Smith – 04/03/2025
The Show Notes for Today's show will be posted below before the show. Friday's show is streamed live and on The Talk of Delmarva 92.7 and 98.5.
Your News Talk America with Jake Smith. Welcome to the digital and interactive program.
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9:06 AM ET
Show Open:
Liberation Day!
What kind of domestic impact?
How will the markets react?
What kind of foreign reaction?
9:06 AM
Monologue:
“Revenge of the Rust Belt”
10:10 AM ET
Segment Topics:
Jake and the Judge;
Has the Constitution failed miserably as an instrument of limitation on the federal government?
Audio Intro: Courtesy: The Tenth Amendment Center
Judge Andrew Napolitano: “The Constitution has failed miserably as an instrument of limitation on the federal government.”
- The U.S. Constitution was crafted in 1787 both to establish a new central government and to limit it. Some of the limitations are direct, some are subtle, and some are hidden. The chief instrument of limitation is the separation of powers, the brainchild of James Madison.
- The late Justice Antonin Scalia called the separation of powers the most unique and freedom-enhancing aspect of the document. Madison himself would later argue that he intentionally crafted the separation so as to enhance friction and even jealousy among the three branches of government, thereby inducing fidelity to its core values, as well as transparency and accountability in the popular branches.
- Thus, Congress writes the laws, the president enforces the laws, and the judiciary interprets the Constitution and the laws. Congress raises taxes and declares war. The president appoints judges and wages war. The judiciary assures that neither Congress nor the president interferes with personal liberty.
- Congress and the president are answerable to the voters. The life-tenured judiciary is not. The purpose of an independent judiciary is to be the anti-democratic branch of the government. Its duty is not to reflect the popular will, but rather to protect life, liberty and property from the whims of the popular branches.
- In the post-World War II era, Congress has attempted to give away some of its powers to the presidency. For example, even though the Constitution declares that only Congress can spend federal dollars, it has often appropriated funds for the president to spend as he sees fit -- and presidents in turn have often delegated those spending decisions to folks whom they have hired.
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- As well, modern presidents have started dozens of wars without congressional declarations of war, and Congress has looked the other way. Congress even permits the president to raise taxes -- so long as he calls them tariffs -- and declare an emergency of his own making.
- Can the Congress constitutionally give away some of its powers to the president? The short answer is: NO.
Panelist:
Judge Andrew Napolitano, Senior Judicial Analyst at Newsmax and the Host of the Podcast: Judging Freedom. You can follow Judge Napolitano at: judgenap.com.
10:35 AM ET
Segment Topic:
Foreign tariffs; the reason and the fix:
- In 2024, the United States had significant trade deficits with China, Mexico, Vietnam, Ireland, and Germany, while it had surpluses with the Netherlands, Hong Kong, the UAE, Australia, and the United Kingdom.
Here's a more detailed breakdown: (Google AI)
U.S. Trade Deficits (2024):
China: -$295.4 billion
Mexico: -$171.8 billion
Vietnam: -$123.5 billion
Ireland: -$86.7 billion
Germany: -$84.8 billion
Taiwan: -$73.9 billion
Japan: -$68.5 billion
South Korea: -$66.0 billion
Canada: -$63.3 billion
India: -$45.7 billion
Thailand: -$45.6 billion
Italy: -$44.0 billion
Switzerland: -$38.5 billion
Malaysia: -$24.8 billion
Indonesia: -$17.9 billion
France: -$16.4 billion
Austria: -$13.1 billion
Sweden: -$9.8 billion
U.S. Trade Surpluses (2024):
Netherlands: $55.5 billion
South and Central America: $47.3 billion
Hong Kong: $21.9 billion
Australia: $17.9 billion
United Kingdom: $11.9 billion
- Trump imposes new tariffs on cheap Chinese goods sold by companies like Temu and Shein. (NY Post)
President Trump signed an executive order Wednesday closing a trade loophole on cheap goods from China that were previously exempt from tariffs.
- Trump, 78, argued that the so-called “de minimus” exception allowed shippers from the People’s Republic and Hong Kong to “hide illicit substances” in packaging and products.
- “These shippers often avoid detection due to administration of the de minimis exemption,” the president wrote, claiming that duty-free exports from China “play a significant role in the synthetic opioid crisis in the United States.”
- The new tariff applies to goods valued at less than $800 imported from China and Hong Kong.
- Online Chinese retailers such as Temu and Sheinhave used the loophole to sell ultra-low-cost items to US consumers and could be hit hard by the new tariffs. They undercut Amazon!
Panelist:
11:10 AM ET
Segment Topic:
- Tariffs; will Americans be patient for the great trade rebalance?
- Democrats and Marxist State Media will go on a massive FAKE-NEWS campaign to turn public opinion against Trump and the tariffs.
- Which foreign country will cave first?
- Could the EU pay the ultimate price if U.S. pulls out of NATO and closes its military installations on the European Continent?
Audio: Fox Business:
- Brian Brenberg, Fox Business believes the benefits will not take long!
- Will tariffs necessitate the need for deeper tax cuts from the Fed’s? (Larry Kudlow)
Panelist:
DIAL Producers
11:35 AM ET
Segment Topic:
Panelist:
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