This episode of Prof G Markets discusses the impact of President Trump's actions on global markets. The hosts analyze three key areas: the rise in European defense stocks following Trump's meeting with Zelensky, the proposed national crypto reserve, and the newly implemented tariffs on imports from Mexico and Canada. Scott and Ed offer contrasting perspectives on the implications of these events, with Ed highlighting the potential for increased European defense spending and Scott expressing concerns about the crypto reserve and tariffs' negative economic consequences. The discussion concludes with an interview with Jonathan Kanter, a former Assistant Attorney General, who provides insights into antitrust issues and the potential impact of increased government regulation on various sectors. Kanter emphasizes the need for a competitive economy and warns against the dangers of monopolization.