The Daily Herold: Feb. 3, 2025 - Trade Wars, USAID’s Collapse & Trudeau’s Tantrum

Jon Herold is back with a Monday edition of The Daily Herold, and the news is coming in hot. Trump’s tariff hammer just came down on Mexico, Canada, and China—causing Trudeau to throw a tantrum and Mexico to fold immediately. Meanwhile, Trump’s big stick diplomacy is shaking up global trade, and a new sovereign wealth fund could be on the horizon.

In a massive deep state gut punch, USAID—long suspected to be a CIA front—is now completely offline. Musk, Trump, and the DOGE team are cleaning house, and 600 employees just got locked out overnight. The FBI is also feeling the heat as the DOJ demands a list of everyone who played a role in the J6 prosecutions.

Plus, Zelensky suddenly has no idea where $100 billion of “aid” disappeared to (awkward), Panama just kicked China to the curb, and Kanye's wife showed up to the Grammys… wearing absolutely nothing.

It’s chaos, it’s news, and it’s all packed into this episode of The Daily Herold. Let’s go!