Inflation and gross domestic product are both down while investment in the United States surges. And we talk to Secretary of the Interior Doug Burgum about how the Trump administration is unleashing energy development one hundred days into the term.
It’s Thursday, May 1, and this is the news you need to know to start your day.
Morning Wire is <a href="https://www.dailywire.com/episode/investment-up-gdp-down-drill-baby-drill?elementPosition=0&amp;row=2&amp;rowHeadline=Latest+Episodes&amp;rowType=Horizontal+Show+Episodes+Carousel">now available on video</a>! You can watch today’s episode below:
&nbsp;
<iframe loading="lazy" title="Investment Up, GDP Down &amp; Drill, Baby, Drill" width="500" height="281" src="https://www.youtube.com/embed/3HU1YLcWA0k?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
&nbsp;
If you’d rather <a href="https://www.dailywire.com/podcasts/morning-wire?elementPosition=0&amp;row=0&amp;rowHeadline=News+%26+Commentary&amp;rowType=Square+Show+Carousel">listen to the show</a>, it&#8217;s still available in audio wherever you get your podcasts. Today’s edition of the Morning Wire podcast can be heard below:
&nbsp;
<iframe style="width: 100%; max-width: 660px; overflow: hidden; border-radius: 10px;" src="https://embed.podcasts.apple.com/us/podcast/investment-up-gdp-down-drill-baby-drill-5-1-25/id1576594336?i=1000705667705" height="175" frameborder="0" sandbox="allow-forms allow-popups allow-same-origin allow-scripts allow-storage-access-by-user-activation allow-top-navigation-by-user-activation"></iframe>
&nbsp;
<h2>Investments Surge, GDP Slips</h2>
<div class="image"><img loading="lazy" decoding="async" class="alignnone size-full wp-image-914361" src="https://dw-wp-production.imgix.net/2025/04/4302025-1Graphic.jpeg" alt="" width="640" height="360" srcset="https://dw-wp-production.imgix.net/2025/04/4302025-1Graphic.jpeg 640w, https://dw-wp-production.imgix.net/2025/04/4302025-1Graphic-300x169.jpeg 300w" sizes=" (max-width: 640px) 100vw, 640px" /></div>
Topline: American investment is surging despite turmoil around Trump’s tariffs – and the GDP is slightly slipping.
The GDP shrank by 0.3% in the first quarter of 2025, and the Dow Jones Industrial Average dropped about 200 points in response to that news. But if we dig into the numbers the data is mixed – and there are actually some significant positives. During a cabinet meeting on Wednesday, Trump and other administration officials challenged the media’s narrative about the economy, arguing that they are turning Biden’s economy around and that “core GDP” is on the rise.
“I was very against everything Biden was doing in terms of the economy,” Trump <a href="https://www.youtube.com/watch?v=B-1xpqn6z2o">said</a>. “ But we took over his mess in so many different ways… despite what we were handed we turned them around.”
White House trade advisor Peter Navarro broke down how the administration crunched the numbers. He said that a surge in imports and DOGE slashing government waste make the GDP look much lower on paper. “The markets need to look below the surface of that,” Navarro said. “We had a 22% increase in domestic investments. That is off the charts.”
In that same cabinet meeting, Commerce Secretary Howard Lutnick laid out details about how another semiconductor company, which is the main chip supplier for Apple, is building a major manufacturing plant in Arizona. Trump also said he has gotten $8 trillion in new investments in the United States since taking office.
Inflation slowed to its lowest rate since September, and consumer spending increased by $135 billion, or 0.7%. Much of that was Americans buying cars and other big-ticket items, partly to get ahead of Trump’s tariffs. Meanwhile, prices were static in March, and personal incomes rose by $116.8 billion, or 0.5%.
<h2>Drill Baby Drill</h2>
<div class="image"><img loading="lazy" decoding="async" class="alignnone size-full wp-image-914363" src="https://dw-wp-production.imgix.net/2025/04/512025-2Graphic.jpeg" alt="" width="640" height="360" srcset="https://dw-wp-production.imgix.net/2025/04/512025-2Graphic.jpeg 640w, https://dw-wp-production.imgix.net/2025/04/512025-2Graphic-300x169.jpeg 300w" sizes=" (max-width: 640px) 100vw, 640px" /></div>
Topline: The Trump Administration is looking to break America’s reliance on Chinese natural resources by expanding domestic mining and drilling.
The Department of the Interior oversees billions of acres of federal lands and waters and has the power to open up new land for mining and drilling operations. Under the Trump administration, it’s doing just that.
This month, when China announced a ban on the export of several rare earth minerals, Interior Secretary Doug Burgum announced that he would reverse President Biden’s so-called “war on mining” to ensure the United States could begin producing those minerals on its own. 
“Obama, Biden, you know, their whole approach was we&#8217;re gonna shut down mining, we&#8217;re gonna shut down oil and gas development,” Burgum told The Daily Wire. “They really, I’m gonna say, crushed the mining industry, both the extraction of these resources, but also the processing of that…China was happy to have the rest of the Western world stop mining so that they could take control of the markets around these critical minerals, which we need for defense, for technology, for electronics, really for everything today in modern life depends on it. So now in the United States, we&#8217;ve gotta get back in the game.”
Because President Trump made an emergency energy declaration, Secretary Burgum, who’s also the Chair of the National Energy Dominance Council, was able to bypass regulations that typically result in years-long delays on new mining projects. Now, they’ll be approved within two weeks. Burgum told the Daily Wire that overregulation of the mining industry has driven business out of the U.S. — forcing us to be more reliant on countries like China. Burgum says that bringing mining back to the United States will be better for the global environment. 
“We do it cleaner, better, safer, smarter and healthier here in the U.S. because when we attack these resource-based industries, we don&#8217;t reduce the demand. We just shift the supply overseas and they shift it to China, who might be extracting this from in the DRC in the middle of Africa. And they&#8217;re doing it without reclamation. They&#8217;re doing it with, sometimes, slave labor, prisoner labor. They&#8217;re doing it with no emissions control on what they&#8217;re doing. So it&#8217;s worse for the global environment. It helps our adversaries, it hurts our economy, and it&#8217;s horrible for national security.”
&nbsp;
<h2>Trade War Hits U.S. Farmers</h2>
<div class="image"><img loading="lazy" decoding="async" class="alignnone size-full wp-image-914365" src="https://dw-wp-production.imgix.net/2025/04/512025-3Graphic.jpeg" alt="" width="640" height="360" srcset="https://dw-wp-production.imgix.net/2025/04/512025-3Graphic.jpeg 640w, https://dw-wp-production.imgix.net/2025/04/512025-3Graphic-300x169.jpeg 300w" sizes=" (max-width: 640px) 100vw, 640px" /></div>
Topline: President Trump continues to tout his trade policies as China makes quiet concessions, but also cancels significant U.S. agricultural orders.
A report from Reuters published Wednesday says that China has created a list of U.S.-made products that will be exempt from its retaliatory 125% tariffs, in addition to other exemptions it has already made on pharmaceuticals, microchips, and aircraft engines. Behind the scenes, Beijing is apparently privately notifying companies about these latest exemptions – that’s obviously to preserve this posture that China will fight Trump on tariffs to the end. 
Trump has said he’s <a href="https://www.cnbc.com/2025/04/28/trump-xi-tariffs-china-bessent.html">in trade talks</a> with China and that President Xi recently called him. China has denied it and is publicly putting on a bold face. 
“Bowing to a bully is like drinking poison to quench thirst. It only deepens the crisis.” A widely disseminated Chinese propaganda video said earlier this week. “ Make no mistake, the U.S. will keep flip-flopping and playing hardball. But China will stand firm, no matter how hard the wind blows, no matter how clouds rage.”
Last week, China made its largest cancellation of pork orders in five years, halting about 12,000 tons of U.S. pork. The nation has also significantly reduced its soybean order by 97% compared to two weeks ago. For some context, U.S. farmers export more than $176 billion in agricultural products a year. Nearly 10% of that is soybeans and pork for China.

<script async src="https://www.instagram.com/embed.js"></script>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<script async src="https://www.tiktok.com/embed.js"></script><div data-widget-host="revcontent" data-pub-id="165152" data-widget-id="290588"></div><script src="https://delivery.revcontent.com/165152/290588/widget.js"></script>

Morning Brief: Investment Up, GDP Down, & Drill, Baby, Drill

Morning Brief: Trump’s High-Stakes Address To Americans & Tourists Trapped In Cartel Crossfire

Morning Brief: Iran Talks Heat Up, Mar-A-Lago Intruder, & Team USA On Fire

Morning Brief: Trump Warns Iran & Prince Andrew Arrested

Morning Brief: U.S. Surrounds Iran, Prisoners Get ‘Gender Surgeries,’ & FDA’s Moderna Reversal

Morning Brief: Trans Gunman Kills Family, Iran Stalls For Time, & Trump Stays Neutral In Texas

Morning Brief: Rubio Rocks Munich & A Shocking Army Contract Exposed

News

Department of the Interior

Doug Burgum

Economy

Energy

Farmers

Trade War

A video goes viral showing a baby being refused his mother by two gay "dads". This is just the tip of the iceberg, which is why we will have an important discussion today about surrogacy. 

Hour 1

The Matt Walsh Show

Ep. 1765 - This Video Is One Of The Worst Things I've Seen In A Long Time 

The Strait of Hormuz officially opens for business (kind of), the Pope makes “shocking” comments on immigration, and President Trump promises UFO disclosure at TPUSA. 


The Michael Knowles Show

Ep. 1956 -  Pope Leo's "SHOCKING" Immigration Comments EXPLAINED

A false miscreed has corrupted our leadership class.


The Andrew Klavan Show

Ep. 1275 - Dumb, Dumber and Progressive

President Trump announces a 10-day ceasefire between Lebanon and Israel, a murder-suicide involving former Democratic Lieutenant Governor Justin Fairfax shakes Virginia, and France and Britain hold a conference to secure the Strait of Hormuz – after the Iranian conflict ends. Get the facts first with Morning Wire.

- - -

Ep. 2738

- - -

Wake up with new Morning Wire merch: https://bit.ly/4lIubt3

- - -

Today's Sponsors:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text 'WIRE' to 83848 to learn more.

Pocket Hose - Text MORNING to 64000 to get a FREE pocket pivot and their 10-pattern sprayer with the purchase of ANY size Copper Head hose. Message and data rates may apply.

Morning Wire

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26 [Member Exclusive]

A ceasefire goes into effect between Israel and Lebanon, a tragic murder-suicide rocks Virginia, and Dairy Queen deploys AI in the drive-thru. Get the facts first with Evening Wire.
- - -
Ep. 2737
- - -
Wake up with new Morning Wire merch: https://bit.ly/4lIubt3 
- - -
Today’s Sponsor:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text “WIRE” to 83848 to learn more.


Evening Wire: Lebanon Ceasefire Begins & Murder-Suicide Rocks VA | 4.16.26

The Pendragon Cycle

Menu

— News —

Morning Brief: Investment Up, GDP Down, & Drill, Baby, Drill