Actually, on November 1st, the tariff for China goes to 157%, which is record setting territory. And we don't want that because it's not sustainable for them. They can't sustain that.We don't want them to have to go through that. So a meeting with President Xi and I would say the first we have some big issues with the farmers and various other things. But the first question I'm going to be asking him about is fentanyl.Ahead of his sit down with Xi Jinping. President Trump says he's confident of getting a de ...

Legal & Ethical Concerns - The NBA faces an insider trading saga due to criminal cases involving players and coaches [3] - Terry Rosier is accused of providing insider information for betting purposes, leading to a $200,000+ wager [1] - Chanty Bilips is charged in a case involving rigged high-stakes poker games backed by mafia families [2] - The Justice Department crackdown marks one of the largest sports betting investigations [3] Criminal Activities - Organized crime has penetrated professional basketball through insider betting and rigged games [1][2] - A network used modified shuffling machines and concealed cameras to predetermine poker hands [2] - The rigged poker games generated millions in profits [2] Financial Implications - Illegal conduct in sports betting poses significant risks to the legal gambling industry [3]

Our sea drugs, as they call them, they use the term sea drugs. The drugs coming in by sea are are like 5% of what they were a year ago, less than 5%. So now they're coming in by land.And even the land is concerned because I told them that's going to be next. You know, the land is going to be next. And we may go to the Senate.We may go to the, you know, Congress and uh tell them about it, but I can't imagine they'd have any problem with it. I think, in fact, while we're here, I think it's a good idea. Pete, ...

The legal issues are really serious. These are major felonies. These are conspiracy to commit wire fraud and related charges.The players could face conceivably years in prison if they're convicted. Obviously, they haven't been able to tell their side of the story yet. So, we'll find out how the defense surfaces, but super serious.And the allegations are that there's a player, there's a coach, a former coach, all of whom of course have access to information. a player can change his play to further bets and t ...

Production & Supply Chain - Aluminum plant fire is expected to impact approximately 100,000 units, but there's potential for improvement [2] - The aluminum plant issue will cause a re-timing of wholesale, with an estimated $15 billion to $25 billion impact this year, but a recovery of at least $1 billion is expected next year [2] Tariffs & Policy - Tariffs have been reduced by $1 billion due to policy changes, benefiting Ford as America's largest auto producer [4] - A 25% tariff on imported heavy and medium-duty trucks benefits Ford, as they produce 100% of their Super Duty trucks in the US, while competitors import them [5] - Ford produces 80%-85% of what it sells in the U S within the U S, exceeding domestic competitors, leading to tariff moderation [7] Market Trends & Consumer Behavior - Affordability is a primary concern for dealers and consumers, with extended financing terms (7-8 years) and increased repossessions observed by third-party finance companies [10] - Demand for high-end and off-road vehicles (Mustang, Bronco, Raptor) is strong and profitable for Ford [14] - The affordable EV market in the U S is considered robust, leading to investment in a $30,000 affordable EV [21] EV Strategy & Supply Chain - The EV market is dynamic, with Ford adapting to changes, while Europe is 80% all-electric, and China is making progress [20] - Ford is diversifying its supply chain for rare earth minerals, seeking American and EFTA country sources [24] - Battery process raw materials and mature node semiconductors are critical for Ford and U S manufacturing, with concerns about China's dominance [23][25]

Geopolitical Strategy & Sanctions - The Trump administration's harshest sanctions on Russia are implemented shortly after a potential peace summit with Putin falls apart [1][2] - The Biden administration initially hesitated on these sanctions due to concerns about gas prices [3] - There's uncertainty regarding the US's stance on Ukraine using long-range missiles to strike inside Russia, with conflicting messages and interpretations of a Wall Street Journal report [9][10][11][12][13][14] Energy Market Impact - Oil prices are rising in reaction to the sanctions [18] - China has stockpiled oil in anticipation of the sanctions [20] - India, a major refiner of Russian crude, is starting to draw down its stockpiles, though the reason is unclear (sanctions or potential tariffs) [20] Russia-Ukraine Conflict Dynamics - Russian drones are attacking civilian neighborhoods in Ukraine, indicating no slowdown in Putin's actions [5] - Ukraine is seeking more liquefied natural gas and other energy supplies to get through the winter [19] - There are concerns that Putin is trying to manipulate Trump to prolong the war, exploiting a perceived numeric advantage over Ukraine [8]

Yen & Bond Market Dynamics - The yen's safe-haven status is under threat as it weakens [1] - Political uncertainty, economic concerns, and slow interest rate hikes by the Bank of Japan are driving the yen's decline [2] - Increased volatility in Japan's markets presents new opportunities for profit [5] Widowmaker Trade - The "widowmaker trade" (selling Japanese government bonds) is becoming more profitable [1][2] - This trade involves borrowing and selling bonds, betting that yields will increase [3] - Rising interest rates and expectations of increased government spending by the new prime minister are driving bond traders' bets [4] Economic Shift - Japan's economy is shifting from a rut to a state of inflation and growth [4][5] - Fiscal and monetary policy decisions are now major market movers [5]

Legal & Compliance - Arrest of individuals including former and current NBA players and coaches like Chanty Bilips, Damon Jones, and Terry Rosier [1] - Coordinated takedown across 11 states leading to over 30 arrests related to illegal gambling and sports rigging [2] - Charges include wire fraud, money laundering, extortion, robbery, and illegal gambling [3] - Involvement of La Cosa Nostra crime families such as Banano, Gambino, Genevesi, and Luchesi [2] Financial Impact - Tens of millions of dollars involved in fraud, theft, and robbery [3]

Freedom of the Press - The speaker expresses concern over the Pentagon's new regulations, viewing them as an attempt to muzzle freedom of the press [2] - The speaker emphasizes the importance of investigative journalism as a watchdog role, crucial for informing the public about behind-the-scenes activities [2] Role of Journalism - Journalism is described as the "watchdog" of government, responsible for investigating and reporting on matters of public interest [2] - The speaker commends reporters who protested against restrictions, highlighting their role in holding institutions accountable [1] Public Interest - The speaker underscores the public's need to know what is happening behind the scenes, emphasizing the importance of transparency [2] - The speaker believes that restricting press freedom ultimately harms the public by limiting access to information [2]

The US is tightening the screws on Russia, squarely at the heart of Russia's energy machine. It's part of a coordinated Western push to choke Moscow's war chest. And it comes as the European Union ratchets up pressure, too.Oil prices jumped after Washington announced new sanctions on Russia's biggest producers. A dramatic shift for President Donald Trump, who just last week was talking about meeting Vladimir Putin face to face. Until now, US strategy has focused on the G7 oil price cap, a way to drain the K ...