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A screenshot of a text document/transcript page. The title reads "TARIFFS BUILT AMERICA; TRUMP IS 100% RIGHT! – From February 11th, 2025 –" followed by "Dr. Savage Livestream Transcript" as a subheading. Below is a block of body text (page numbered "1" at bottom right) presenting commentary praising Trump's tariff policy, framing tariffs on steel and aluminum as historically consistent with America's past, criticizing Democrats/Marxists for opposing privatization, and referencing Peter Navarro's imprisonment and his support for tariffs.

Text in image: TARIFFS BUILT AMERICA; TRUMP IS 100 % RIGHT! – From February 11th, 2025 – Dr. Savage Livestream Transcript We all are hearing about tariffs today, tariffs, tariffs, tariffs, and intuitively we say it's a good thing, but some people are saying, well, maybe not, maybe it's going to trigger a trade war. Why is he raising tariffs on aluminum and steel imports? What's going on? Is it a new golden age for American steel and aluminum? What's going on out there? Now, I thought it's worth talking about because it's not self-evident, and we have to study it. And before I talk about tariffs today on the Savage Nation, I hope you like my red outfit with my red Savage Nation hat, before we talk about that, I want to start with something long forgotten down the memory hole is America's former private road system. It's very important that you have to listen to this, because anything with a private component is off the table for Marxists, no matter how much it might help those middle-class working people that the left claims to care so much about. Republicans want to privatize everything, and Democrats want to socialize everything. The Democrats won't even listen to a suggestion to give the private sector a crack at anything. Neither will a lot of Republicans, for that matter. This despite everyone acknowledging that the government has failed on virtually every level. So Trump is now passing what is common sense, and you'll find out today that it's not so novel. Tariffs were part of this country from the beginning. But we know that Trump substantially raised tariffs on steel and aluminum just recently. It was just Monday to a flat 25%. He said without exceptions or exemptions. He wants to aid struggling industries in the United States, but it also sparks what? A trade war? No, I don't think it'll spark a trade war. In fact, the best article on this topic was written by Peter Navarro, who incidentally was put in prison by Biden and his gang for many things he didn't do, but no doubt because he was certainly in favor 1

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This is a screenshot/scan of a printed document page (page 2 of a multi-page document), showing a block of body text with no images, photos, or graphics. The text is a statement or transcript discussing Section 232 steel and aluminum tariffs, framing them as part of an "America First" policy, crediting Trump with reinstating 2018-era tariffs, and blaming Biden-era policy along with China, Russia, Canada, Mexico, Japan, South Korea, and Australia for undermining U.S. steel and aluminum industries through subsidies, transshipment, and import surges. It cites specific statistics (domestic steel capacity utilization at 74%, an 80% sustainable threshold, aluminum production down 30%, smelter utilization near 50%) and references a Canadian government subsidy to "Acellar Maital's" facilities and a Century Aluminum smelter idling in "Horsville, Kentucky" in June 2022.

Text in image: of America first. aluminum and steel are not just pillars of the domestic economy, but they're foundational to our national security. They're very important, and that's why Trump signed proclamations, pardon me, to restore and strengthen the Section 232 tariffs he boldly implemented in 2018. He's going back to what he did in 2018 all over again. What he wants to do is save the steel industry. He wants to save us from what Biden did to us. Leveraging Biden's weaknesses, China and Russia, would trans-ship steel through Mexico and Canada? Japan, amidst its declining domestic demand, would target the American market with high-value specialty steel products that undercut U.S. producers. Canada's government put nearly a billion dollars into Acellar Maital's facilities, and what they did was they transitioned their outdated blast furnaces into modern direct-reduced iron-electric arc furnaces to create better steel at lower prices. These massive government subsidies in Canada gave Canada's national steel champion an unfair competitive advantage over our own steel companies. I can tell you more about it, including what Mexico did to us under Biden. I can tell you what South Korea did to us under Biden. But you need to know the bottom line. What are tariffs and how do they work and who pays for them? Do you know that domestic steel capacity utilization has dangerously dropped to 74% well below the sustainable 80% threshold that we need to make sure that we can make enough steel for our military and national defense in general. America's aluminum producers have been equally hard hit. Australia has doubled its primary aluminum exports to the U.S., while foreign competitors including adversaries like China and Russia aggressively have used transshipment loopholes through Mexico and Canada to evade and circumvent tariffs. That is why Trump acted this week to impose tariffs on steel and aluminum. As imports have surged, domestic aluminum production has fallen by 30%. Listen to this carefully. Smelter utilization rates have dropped to nearly 50%. In June of 2022, who was president then? In June of 2022, Century aluminum idled its Horsville, Kentucky smelter. Alcoa announced 2

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A screenshot of a page (numbered "3" at bottom) from a printed document or transcript, containing plain black text on a white background about steel and aluminum tariffs. The text discusses smelter closures, Trump's reinstated 25% steel tariff and increased aluminum tariff, transshipment through Canada/Mexico, derivative product tariff evasion by China/Russia, and an accusation that Ukraine ships semi-finished steel through Poland to avoid Section 232 tariffs and anti-dumping duties, name-checking Zelensky.

Text in image: the permanent closure of its Washington state in Talco smelter. In March of 2023, while magnitude 7 medals in Missouri curtailed operations at its New Madrid smelter in early 2024, it's one thing after another. The country was dying under Biden, and it all reduced the number of active primary aluminum producers in the U .S. So to strengthen and reinvigorate our pillar steel and aluminum industries, President Trump has reinstated the across -the -board 25 % tariff on steel imports and raise the aluminum tariff from 10 % to 25 % while eliminating all country specific exemptions and alternative agreements. You've got to hear about China and Russia, because they and other foreign nations, including some you never heard of, were using Canada and Mexico as transshipment hubs. The Trump 2 .0 tariffs are going to ensure that all imports, regardless of their processing location, are going to be subject to tariffs through the use of North American melt and poor and smelt and cast standards for steel and aluminum, respectively. I think you've got the picture. Trump is 100 % right, okay? The Trump 2 .0 tariffs cracked down on the shell game of using derivative products to evade tariffs. Countries like China, Russia, and others now ship semi -finished steel or aluminum into Mexico, into Canada, or the EU, where it is lightly processed, and then they get around it. Now, here's the kicker. Before I go on this topic, you're not going to believe this. You're ready for this one? Ukraine, corrupt Ukraine, corrupt Ukraine, which can't account for $100 billion of tax dollars, sends semi -finished steel to be processed in Poland, where it is exported as a derivative product to the United States, thereby avoiding Section 232 tariffs and anti -dumping duties. That's your friend Zelensky. That's what's another subtext of this whole story that's going on. So you've got to understand the U .S. Customs and Border Protection will make sure there is nowhere to run and nowhere to hide for the tariff of aiders. We're going to be stronger and we're going to be wealthier thanks to Donald Trump.

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