Chelsea and Natalie discuss the todays announcement regarding tariffs, particularly focusing on lumber tariffs and the implications of the Liberation Day address. They explore the impact of these tariffs on commerce, trust between countries, and the overall market reactions. The discussion also delves into the reciprocal tariffs and their effects on international relations, particularly with Canada and Mexico. The conversation concludes with reflections on the future outlook for trade and commerce in light of these developments.

Chapters:

00:00 Introduction and Context of Tariffs

02:50 Understanding the Liberation Day Address

05:58 Impact of Tariffs on Commerce and Trust

08:56 Analysis of Reciprocal Tariffs

12:05 Market Reactions and Economic Implications

15:01 The Role of Imports and International Relations

18:04 Conclusion and Future Outlook

You Tube: https://www.youtube.com/watch?v=CBawXtlzzJ0

https://www.whitehouse.gov/fact-sheets/2025/04/fact-sheet-president-donald-j-trump-declares-national-emergency-to-increase-our-competitive-edge-protect-our-sovereignty-and-strengthen-our-national-and-economic-security/

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