4.9 • 25.6K Ratings
🗓️ 12 March 2025
⏱️ 8 minutes
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0:00.0 | This episode is brought to you by Old Glory Bank. It's time to put your money where your mouth is when you say America is back. Old Glory Bank supports hardworking Americans, small businesses, and your constitutional rights. No cancel culture, no woke nonsense. Head to OldGloribank.com slash wire and be part of something bigger. Again, that's old glorybank.com slash wire. |
0:21.9 | The EU and Canada move to counter Trump's tariffs. |
0:25.8 | Russia strikes Zelensky's hometown hours after Ukraine agrees to a ceasefire and Greenland elects new leadership. |
0:33.9 | I'm Georgia Howe with Daily Wire, editor-in-chief John Bickley. |
0:37.6 | It's Wednesday, March 12th. and this is your Morning Wire afternoon update. |
0:44.6 | Both Canada and the EU will impose their own counter tariffs in response to Trump's recent 25% steel and aluminum tariffs. |
0:52.9 | Daily Wire Deputy Managing editor Tim Rice says more. |
0:56.0 | Canadian finance minister Dominic LeBlanc says their 25% counterterriffs, which take effect tomorrow, |
1:01.8 | will hit nearly $30 billion in U.S. goods, including computers, sports equipment, and cast iron products. |
1:08.5 | Earlier in the day, the European Union also imposed counter tariffs on the United States, |
1:12.9 | targeting things like textiles, home appliances, agricultural products, |
1:17.0 | and iconic American products like bourbon, peanut butter, and jeans. |
1:20.8 | European Commission President Ursula Lavanderlian called the U.S. tariffs disruptive |
1:25.0 | and warned of rising prices and job losses. |
1:28.0 | We firmly believe that in a world fraught with geo-economic and political uncertainties, |
1:36.5 | it is not in our common interest to burden our economies with such tariffs. |
1:43.9 | We're ready to engage in a meaningful dialogue. |
1:47.9 | I have entrusted Trade Commissioner Marosefkovich to resume his talks to explore better |
1:54.4 | solutions with the United States. As of right now, the EU tariffs are set to take effect April 1st, |
2:00.2 | with additional duties set to hit the US.S. on April 13th. |
2:03.8 | Meanwhile, Britain is holding off on its own tariffs, but says it will continue to press for a deal. |
2:09.1 | A stopgap funding bill now heads to the Senate after narrowly passing the House. |
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