1 00:00:00,040 --> 00:00:02,800 Speaker 1: Another backdown from Trump. Landers Richard toldas earlier on as 2 00:00:02,800 --> 00:00:05,760 Speaker 1: he blinks again, this time over tech laptop, smartphones, memory chips, 3 00:00:05,800 --> 00:00:06,840 Speaker 1: they're now excluded. 4 00:00:06,880 --> 00:00:07,040 Speaker 2: Now. 5 00:00:07,440 --> 00:00:09,719 Speaker 1: The significance here is that's twenty percent of Chinese business 6 00:00:09,720 --> 00:00:13,159 Speaker 1: into America. Of course, commentator Bill Bennett is with us 7 00:00:13,160 --> 00:00:14,720 Speaker 1: this Monday morning. Bill, good morning to you. 8 00:00:15,640 --> 00:00:16,280 Speaker 2: Good morning. 9 00:00:16,400 --> 00:00:19,320 Speaker 1: That presumably means there aren't millions of Americans with tiny 10 00:00:19,360 --> 00:00:22,079 Speaker 1: little screwdrivers looking to screw in tiny little screws anymore. 11 00:00:22,120 --> 00:00:25,599 Speaker 1: So that saves them getting employed in Idaho and Indiana 12 00:00:25,680 --> 00:00:27,400 Speaker 1: and all the other places. What do you make of 13 00:00:27,440 --> 00:00:28,120 Speaker 1: this whole thing. 14 00:00:29,200 --> 00:00:35,680 Speaker 2: Oh, it's a complete mess, and it's confusing, and it's 15 00:00:36,520 --> 00:00:38,760 Speaker 2: the one thing that is actually doing for companies that 16 00:00:38,800 --> 00:00:42,159 Speaker 2: are in the business is that it's not giving them certainty. 17 00:00:42,240 --> 00:00:45,199 Speaker 2: And if you ever speak to any people and business 18 00:00:45,280 --> 00:00:47,440 Speaker 2: doing these things, you know the one thing they're looking 19 00:00:47,479 --> 00:00:49,680 Speaker 2: for is certainty. And like I said, that's success what 20 00:00:49,720 --> 00:00:53,319 Speaker 2: they're not getting. But the whole idea that you can 21 00:00:53,360 --> 00:00:57,840 Speaker 2: build iPhones in the US, it's a fantasy. It's crazy. 22 00:00:57,880 --> 00:01:01,600 Speaker 2: I mean, the point about people's highly screw drivers, it's true, 23 00:01:01,680 --> 00:01:04,200 Speaker 2: and there are there are hundreds of thousands of people's 24 00:01:04,400 --> 00:01:07,319 Speaker 2: people doing that in China. But behind the people that 25 00:01:07,360 --> 00:01:10,920 Speaker 2: are on the front line assembling things like iPhones and 26 00:01:11,000 --> 00:01:15,560 Speaker 2: laptops and so on, there are very qualified, very skilled 27 00:01:15,959 --> 00:01:19,200 Speaker 2: manufacturing engineers, and there are lots of them. There's probably 28 00:01:19,880 --> 00:01:23,160 Speaker 2: thirty thousand of those people in Shensen alone, just one 29 00:01:23,240 --> 00:01:29,319 Speaker 2: city in China, and there's probably not maybe two thousands 30 00:01:29,400 --> 00:01:33,600 Speaker 2: in all of the USA. And those people have three 31 00:01:33,720 --> 00:01:37,000 Speaker 2: or four year degrees. They you know, they go away 32 00:01:37,120 --> 00:01:39,120 Speaker 2: to college, they learn that stuff. Then they need to 33 00:01:39,120 --> 00:01:43,400 Speaker 2: get experiences on just getting those people in place, unless 34 00:01:43,600 --> 00:01:45,840 Speaker 2: unless you bring them all in from China, which of 35 00:01:45,840 --> 00:01:48,480 Speaker 2: course is the last thing mister Trump wants to do. 36 00:01:49,720 --> 00:01:52,600 Speaker 2: Unless you do that, America is going to take sort 37 00:01:52,640 --> 00:01:54,559 Speaker 2: of seven or eight years just to get those people 38 00:01:54,600 --> 00:01:56,120 Speaker 2: in place lit alone anything else. 39 00:01:56,240 --> 00:01:58,040 Speaker 1: Yeah, I mean, I don't even know if it's worth 40 00:01:58,080 --> 00:01:59,520 Speaker 1: talking to you, because you and I you know, you're 41 00:01:59,520 --> 00:02:02,279 Speaker 1: a bright guy and we get it. But what, given 42 00:02:02,320 --> 00:02:06,200 Speaker 1: what you've just explained, and given how obvious that is, 43 00:02:07,120 --> 00:02:11,320 Speaker 1: what's driving the thinking behind on shoring that's never going 44 00:02:11,360 --> 00:02:11,799 Speaker 1: to happen. 45 00:02:13,000 --> 00:02:16,400 Speaker 2: Well, it's what when things went the other way, jobs 46 00:02:16,440 --> 00:02:19,280 Speaker 2: were lost. That's that's the shore. I mean, factories closed 47 00:02:19,400 --> 00:02:22,760 Speaker 2: and the jobs moved to China and Mexico and India 48 00:02:22,800 --> 00:02:26,680 Speaker 2: and Vietnam and so on from the USA. But the thing, but, 49 00:02:27,120 --> 00:02:29,440 Speaker 2: like I just said that, it's not something it's not 50 00:02:29,480 --> 00:02:31,960 Speaker 2: a reversible thing. It's not something you can bring back. 51 00:02:32,320 --> 00:02:35,000 Speaker 1: No, exactly precisely. Bill appreciate it very much. Bill Bennett, 52 00:02:35,480 --> 00:02:39,120 Speaker 1: Tech Commentator. For more from The Mic Asking Breakfast, listen 53 00:02:39,200 --> 00:02:42,160 Speaker 1: live to news talks. It'd be from six am weekdays, 54 00:02:42,400 --> 00:02:44,440 Speaker 1: or follow the podcast on iHeartRadio