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Speaker 1: Now, Richard, how are you so the tariffs? Where are we.

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Speaker 2: At tariffs and markets? Yeah? You know, it's obvious during

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Speaker 2: the madness of the past twenty four hours, which saw

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Speaker 2: the biggest one days swing in the history of the Dow,

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Speaker 2: that Wall Street investors are desperate for any sign of

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Speaker 2: a break from this terriff threat, even the fake news

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Speaker 2: that Trump might be considering an einely day pause at

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Speaker 2: the market like a rocket, it's been up and down

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Speaker 2: again today. Right now it's down just a few points.

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Speaker 2: As the Trump team has been talking about negotiations with

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Speaker 2: some countries, Sirs, Trump, virtually every country wants to negotiate.

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Speaker 3: If I didn't do what I did over the last

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Speaker 3: couple of weeks, you wouldn't have anybody wants to negotia.

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Speaker 2: Yeah, so at least he's talking about that now. US

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Speaker 2: Treasury secretary has got better and there's some seventy countries

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Speaker 2: have made contexts on this, and a couple of them

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Speaker 2: are also moving to have talks with the White House.

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Speaker 3: You have one of the Themes officials coming in this week.

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Speaker 2: The Japanese are very eager to get it over and

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Speaker 2: I think you're going to see a couple of big

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Speaker 2: trading programs from deals well not China. They say they

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Speaker 2: will not be bullied in. The White House says the

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Speaker 2: so called reciprocal tariffs will take effect from midnight here,

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Speaker 2: including an additional fifty percent on goods from China. At

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Speaker 2: a briefing a short time ago, Trump's press person said

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Speaker 2: the present would like to see iPhones made in the

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Speaker 2: United States. You know, Apple has lost about twenty percent

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Speaker 2: of its value in the last three days and says

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Speaker 2: it's now planning to supply more iPhones from India, not China.

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Speaker 2: So none of this is settled. Higher prices could be

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Speaker 2: felt here within days on cars, on food, and other items,

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Speaker 2: so this is really starting to bite. As for iPhones,

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Speaker 2: they're saying that the prospect of talking about iPhones being

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Speaker 2: made in the United States is absurd because it would

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Speaker 2: cost in many thousands of dollars, is the estimate. None

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Speaker 2: of this, obviously is settled. Meantime, Elon Musk as you've

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Speaker 2: been hearing a split with Trump on tariffs, with the

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Speaker 2: White House now saying quote, boys will be boys, and

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Speaker 2: so that's his take on this. But Mosco also posted

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Speaker 2: the nineteen fifty zero video of conservative econooris Milton Friedman

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Speaker 2: talking about the pencil. Yeah, the humble pencil and how

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Speaker 2: it could not be made without free trade. Here is

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Speaker 2: part of Musque's post.

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Speaker 3: There's not a single person in the world who could

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Speaker 3: make this pencil. Remarkable statement, not at all. The wood

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Speaker 3: from which it's made, for all I know, comes from

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Speaker 3: a tree that was cut down in the state of Washington.

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Speaker 3: To cut down that tree, it took a saw to

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Speaker 3: make the saw, It took steel to make the steal.

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Speaker 3: It took iron ore. This black center we call it lead,

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Speaker 3: but it's really graphight compressed graphite. I'm not sure where

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Speaker 3: it comes from, but I think it comes from some

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Speaker 3: mines in South America. This red top of here, the

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Speaker 3: eraser bit of rubber probably comes from Malaya, where the

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Speaker 3: rubber tree isn't even native. Who was imported from South

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Speaker 3: America by some businessmen with the help of the British government.

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Speaker 2: So it's an interesting history. Musk one's zero terraff with Europe.

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Speaker 3: Effectively creating a free trade zone between Europe and North America.

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Speaker 2: So what tech experts are welcome from every where to

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Speaker 2: travel to Silicon Valley or do elon Musk's car plants,

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Speaker 2: except maybe not from Mexico. Mask also has split with

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Speaker 2: Trump's economic advisor Pete Navarro, and as you've been hearing

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Speaker 2: calling him a moron and dumber than a sack of bricks.

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Speaker 2: This after Navarro said Musk is not a car manufacturer

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Speaker 2: but a car assembler. So yeah, sort of stuff that

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Speaker 2: Trump really enjoys.

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Speaker 1: And then we've got RFK and the MAHA movement. Where

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Speaker 1: are we at with the measles?

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Speaker 2: Yeah, markets down, measles up. The US is dealing with

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Speaker 2: the worst. Measles don't break in decades or because many

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Speaker 2: people are not getting their kids vaccinated. So in parts

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Speaker 2: of Texas, where the anti VAK sentiment is strong, we

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Speaker 2: are seeing hundreds of cases of measles. Now, two children

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Speaker 2: have died of it, including an unvaccinated eight year old girl.

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Speaker 2: There are more than six hundred cases in the US

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Speaker 2: so far this year, and they've spread into eighteen states.

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Speaker 2: Health Secretary Rak Junior, who are said in the past

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Speaker 2: that measles can be good for you if you get

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Speaker 2: up over it. Well, this young girl did not get

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Speaker 2: over it. RFK traveled to Texas to attend the funeral,

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Speaker 2: and he issued a statement where he reversed decades of

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Speaker 2: his own remarks, saying, quote the most effective way to

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Speaker 2: prevent the spread of measles is quote the MMR vaccine

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Speaker 2: end quote. Then, after leaving that funeral, outter K Folston

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Speaker 2: praising a Texas doctor who is called mass infections of

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Speaker 2: meadles quote God's version of immunization. You know. In twenty nineteen,

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Speaker 2: RFK went up to Samoa during their measles outbreak, which

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Speaker 2: led to fifty seven hundred cases and eighty three deaths

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Speaker 2: due to decreased vaccination rates there, which RFK had endorsed

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Speaker 2: on that trip. The measles, by the way, arrived in

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Speaker 2: Samoa from New Zealand carried on a steamer in eighteen

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Speaker 2: ninety three, and over one thousand people died at that time.

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Speaker 2: Epidemiologist doctor Michael Mihener says he is terrified hisse us

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Speaker 2: resurgence could be the start of another measles Academic here

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Speaker 2: his take on the situation.

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Speaker 3: As we start to see a case in one community

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Speaker 3: start to spark, it has its risking igniting frankly a

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Speaker 3: nationwied Outbreaktey.

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Speaker 2: Notes of measles is one of the most contagious viruses known,

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Speaker 2: can spread from one case of dozens of people courting

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Speaker 2: not only a ration of fever but also brain inflammation,

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Speaker 2: permanent disability, and death as in this latest instance.

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Speaker 1: On You Mate See Your Friday, Richard Arnold stateside, I've

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Speaker 1: got a receipt in front of me from a place

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Speaker 1: called Fabletics, which is out of China, and so the

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Speaker 1: order subtotal five hundred and sixty four dollars sixty. You

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Speaker 1: take off one hundred and seventy five dollars for your

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Speaker 1: total VIP savings and you get a discount of twenty

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Speaker 1: one ninety eight. Shipping is free, so that's encouraging. But

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Speaker 1: now we've got a new addition to the bill. It's

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Speaker 1: called a tariff surcharge, and the tariff'sur charge on this

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Speaker 1: particular receipt is forty four dollars and nine cents bring

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Speaker 1: the total order to four hundred and eleven dollars seventy one.

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Speaker 1: So it's real, it's arrived, it's happening.

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Speaker 2: For more from the Mic Asking Breakfast, listen live to

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Speaker 2: news talks.

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Speaker 3: It'd be from six am weekdays, or follow the podcast

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Speaker 3: on iHeartRadio