1 00:00:01,680 --> 00:00:03,120 Speaker 1: Good Monday morning. Welcome. 2 00:00:03,160 --> 00:00:06,240 Speaker 2: It is Verdict with Ted Cruz, Ben Ferguson with you 3 00:00:06,360 --> 00:00:09,560 Speaker 2: and Center. You had one eventful weekend, A little time 4 00:00:09,600 --> 00:00:12,800 Speaker 2: on Air Force One, catching your first UFC fight. Not 5 00:00:12,920 --> 00:00:14,760 Speaker 2: a bad way to hang out on the weekend. 6 00:00:15,560 --> 00:00:16,079 Speaker 3: Well I did. 7 00:00:16,120 --> 00:00:20,360 Speaker 4: I had a fantastic weekend. I spent much of Saturday evening, 8 00:00:20,400 --> 00:00:23,479 Speaker 4: in fact, all of Saturday evening with President Trump. Flew 9 00:00:23,520 --> 00:00:25,720 Speaker 4: down to Miami on Air Force One. Went to the 10 00:00:25,800 --> 00:00:29,080 Speaker 4: UFC fight, which was incredible, was joined by multiple members 11 00:00:29,120 --> 00:00:31,360 Speaker 4: of the cabinet. I'm going to tell you all about that. 12 00:00:31,400 --> 00:00:32,919 Speaker 4: I'm going to take you on Air Force One. I'm 13 00:00:32,920 --> 00:00:34,800 Speaker 4: going to take you to the UFC tell you everything 14 00:00:34,800 --> 00:00:37,720 Speaker 4: that happened. There's also a lot of battles that are 15 00:00:37,760 --> 00:00:42,239 Speaker 4: playing out in Washington. The dominant story continues to be tariffs, 16 00:00:42,360 --> 00:00:46,880 Speaker 4: and tariffs are having massive economic impacts on the United 17 00:00:46,920 --> 00:00:51,639 Speaker 4: States on the world. The particular rules and policies are 18 00:00:51,720 --> 00:00:54,760 Speaker 4: changing every week, sometimes every day. We're going to break 19 00:00:54,800 --> 00:00:56,720 Speaker 4: down those changes, what they mean, and we're going to 20 00:00:56,800 --> 00:00:59,200 Speaker 4: talk about what's likely to happen next. We're also going 21 00:00:59,280 --> 00:01:02,160 Speaker 4: to talk about a a decision from an immigration judge 22 00:01:02,160 --> 00:01:05,679 Speaker 4: this past week that Mahmoud Khalil, who was the anti 23 00:01:05,840 --> 00:01:09,880 Speaker 4: Israel protester at Columbia University, that he can be deported, 24 00:01:09,920 --> 00:01:11,880 Speaker 4: he can be sent home. This is the right decision. 25 00:01:11,920 --> 00:01:15,160 Speaker 4: We're gonna explain what happened all of that in today's podcast. 26 00:01:15,319 --> 00:01:17,440 Speaker 2: Yeah, it's gonna be a really interesting story there, that's 27 00:01:17,480 --> 00:01:19,440 Speaker 2: for sure. I want to talk to you real quick 28 00:01:19,480 --> 00:01:22,680 Speaker 2: about the International Fellowship of Christians and Jews. So many 29 00:01:22,720 --> 00:01:24,880 Speaker 2: of you are now getting involved in helping the people 30 00:01:24,959 --> 00:01:29,080 Speaker 2: in Israel right now, and unfortunately Israel is still under attack. 31 00:01:29,240 --> 00:01:33,000 Speaker 2: Messl fire has resumed from the Huthis, from Hesblah and 32 00:01:33,040 --> 00:01:37,280 Speaker 2: Hamas and the enemies. They're seeking Israel's destruction. They've been 33 00:01:37,360 --> 00:01:39,800 Speaker 2: pretty clear from the river to the sea. Well, here 34 00:01:39,800 --> 00:01:42,680 Speaker 2: in America we cannot imagine living under constant threat of 35 00:01:42,800 --> 00:01:46,679 Speaker 2: terrorism and rocket attacks. And this is the reality unfortunately 36 00:01:46,680 --> 00:01:49,560 Speaker 2: in Israel. Parents who take their kids to school and 37 00:01:49,600 --> 00:01:52,160 Speaker 2: then are forced to fall to the ground, lay on 38 00:01:52,200 --> 00:01:54,560 Speaker 2: top of their children, trying to comfort them as a 39 00:01:54,600 --> 00:01:58,840 Speaker 2: sirens blair. The next attack against Israel is happening, and 40 00:01:58,880 --> 00:02:01,680 Speaker 2: it's with little tom for the people there to get 41 00:02:01,720 --> 00:02:04,800 Speaker 2: into a safe place. And that is where you come 42 00:02:04,840 --> 00:02:08,200 Speaker 2: in the International Fellowship of Christians and Jews are providing 43 00:02:08,280 --> 00:02:12,799 Speaker 2: life saving aid and security essentials, and your gift today 44 00:02:12,800 --> 00:02:17,320 Speaker 2: will help provide security essentials like bomb shelters, flat jackets, 45 00:02:17,680 --> 00:02:22,720 Speaker 2: bulletproof vests for first responders, as well as armored security vehicles, 46 00:02:22,960 --> 00:02:26,160 Speaker 2: armored ambulances so they can save people that are in 47 00:02:26,280 --> 00:02:30,040 Speaker 2: dangerous areas and so much more. So join me in 48 00:02:30,280 --> 00:02:34,400 Speaker 2: standing with Israel. You can call right now to give 49 00:02:34,560 --> 00:02:39,680 Speaker 2: your gift eight to eight four eight eight IFCJ that's 50 00:02:39,880 --> 00:02:43,920 Speaker 2: eight eight eight four eight eight four three two five 51 00:02:44,120 --> 00:02:47,280 Speaker 2: eight a eight four eight eight IFCJ, or go online 52 00:02:47,639 --> 00:02:54,320 Speaker 2: to support IFCJ dot org. That's one word, support IFCJ 53 00:02:55,080 --> 00:02:56,360 Speaker 2: dot org. 54 00:02:56,919 --> 00:02:57,160 Speaker 1: Centat. 55 00:02:57,280 --> 00:03:00,120 Speaker 2: I gotta say the videos that came out to U 56 00:03:00,280 --> 00:03:04,160 Speaker 2: of you with Donald Trump and and some others that 57 00:03:04,200 --> 00:03:07,720 Speaker 2: people will know, like the FBI director Toldsea Gabbard, uh 58 00:03:07,840 --> 00:03:11,320 Speaker 2: at this UFC fight, it looked like you guys were 59 00:03:11,560 --> 00:03:14,760 Speaker 2: just having a blast. Was this your first time at 60 00:03:14,760 --> 00:03:16,560 Speaker 2: a usc fight? And what did you think of it? 61 00:03:16,600 --> 00:03:17,160 Speaker 1: First off? 62 00:03:17,639 --> 00:03:19,800 Speaker 4: So it was I'd never been to a UFC fight. Fight, 63 00:03:19,880 --> 00:03:22,440 Speaker 4: It was a blast. Dana White invited me to come 64 00:03:22,919 --> 00:03:24,960 Speaker 4: and and then the President invited me to to join 65 00:03:25,040 --> 00:03:26,920 Speaker 4: them on Air Force one coming down. So I was 66 00:03:27,000 --> 00:03:30,840 Speaker 4: I was part of the President's UH team that came in. 67 00:03:30,880 --> 00:03:33,600 Speaker 4: And so I came in with with the President, with 68 00:03:33,600 --> 00:03:38,680 Speaker 4: with Elon Musk and Little X. We had also Marco 69 00:03:38,800 --> 00:03:42,200 Speaker 4: Rubio came, Cash Pateel, the director of the FBI came, 70 00:03:43,000 --> 00:03:46,520 Speaker 4: Bobby Kennedy came and his wife and and Telsea Gabbard came, 71 00:03:46,560 --> 00:03:47,240 Speaker 4: and and so. 72 00:03:47,120 --> 00:03:49,480 Speaker 3: We were all UH on Air Force. 73 00:03:49,240 --> 00:03:52,760 Speaker 4: One came came to the the the event and and 74 00:03:53,320 --> 00:03:55,400 Speaker 4: I gotta say, have you ever been to a UFC fight? 75 00:03:56,040 --> 00:03:58,520 Speaker 1: I actually have, and I think they're just unbelievable. 76 00:03:58,960 --> 00:04:01,360 Speaker 3: Holy cow number one. 77 00:04:01,480 --> 00:04:06,560 Speaker 4: It's in Miami that the stadium was rocking the energy. 78 00:04:07,400 --> 00:04:10,320 Speaker 4: I mean it just shook the floor. And and and 79 00:04:10,400 --> 00:04:13,600 Speaker 4: I walked in with with President Trump. When the President 80 00:04:13,640 --> 00:04:17,720 Speaker 4: walked in, there are not words to describe how much 81 00:04:17,800 --> 00:04:21,320 Speaker 4: the people in that stadium love President Trump and and 82 00:04:21,320 --> 00:04:24,480 Speaker 4: and it just erupted it it. You know, if he 83 00:04:24,600 --> 00:04:30,840 Speaker 4: were Mick Jagger riding on Evil Knevels motorcycle through flaming rings, 84 00:04:30,880 --> 00:04:32,680 Speaker 4: I'm not sure they would have cheered louder. 85 00:04:33,560 --> 00:04:33,839 Speaker 3: Uh. 86 00:04:33,920 --> 00:04:38,320 Speaker 4: And it was it was very cool. We were all seated, 87 00:04:38,960 --> 00:04:42,280 Speaker 4: uh right ringside, right by the octagon, and it is 88 00:04:42,320 --> 00:04:45,720 Speaker 4: so close. I mean, it is something else. These guys, 89 00:04:45,760 --> 00:04:49,800 Speaker 4: these fighters, they are big dudes. Actually some of them 90 00:04:49,800 --> 00:04:52,320 Speaker 4: are little dudes. But but the little dudes are ripped 91 00:04:53,000 --> 00:04:56,920 Speaker 4: and they just beat the living crap out of each other. 92 00:04:57,000 --> 00:05:00,400 Speaker 4: I mean they are so fast. You know, the first 93 00:05:00,440 --> 00:05:04,880 Speaker 4: fight we saw, you know, one hard punch literally dropped 94 00:05:04,880 --> 00:05:08,160 Speaker 4: a guy and he was basically just knocked out cold 95 00:05:08,800 --> 00:05:11,279 Speaker 4: because he stepped into a punch. Some of these fights 96 00:05:12,560 --> 00:05:15,719 Speaker 4: that they get pretty bloody, which was like wow, I mean, 97 00:05:15,760 --> 00:05:18,440 Speaker 4: they just beat the living daylights out of each other. 98 00:05:18,920 --> 00:05:23,800 Speaker 4: But the skill, uh that these fighters are are boxers, 99 00:05:23,880 --> 00:05:27,799 Speaker 4: they're wrestlers, they do jiu jitsu, they they do mixed 100 00:05:27,839 --> 00:05:30,680 Speaker 4: martial arts, and so there's there's kicking and punching and 101 00:05:30,760 --> 00:05:34,800 Speaker 4: throws and grappling and and and it was incredible. And 102 00:05:35,279 --> 00:05:37,400 Speaker 4: I got to tell you that the number of fighters 103 00:05:37,440 --> 00:05:39,720 Speaker 4: who came up to the president and just said you're 104 00:05:39,760 --> 00:05:42,440 Speaker 4: my guy, that was powerful as well. 105 00:05:43,160 --> 00:05:44,760 Speaker 1: This place, as you mentioned, was packed. 106 00:05:44,760 --> 00:05:46,520 Speaker 2: And one of the things that as I was watching 107 00:05:46,600 --> 00:05:48,760 Speaker 2: it on TV, and many may have seen some of 108 00:05:48,760 --> 00:05:52,040 Speaker 2: the tweets that were sent out, that the excitement, as 109 00:05:52,080 --> 00:05:55,360 Speaker 2: you mentioned for Donald Trump, the chance of USA and Trump. 110 00:05:55,880 --> 00:05:59,680 Speaker 2: They were very loud. He comes in there, and look 111 00:05:59,720 --> 00:06:03,000 Speaker 2: this guy. I understand the moment. It's one of the 112 00:06:03,080 --> 00:06:04,960 Speaker 2: I think one of the best things about Donald Trump. 113 00:06:05,200 --> 00:06:07,440 Speaker 2: He walks in like he's a prize fighter walking in 114 00:06:07,480 --> 00:06:09,800 Speaker 2: for a mask like and that's how he's treated. 115 00:06:11,120 --> 00:06:14,040 Speaker 4: It is it absolutely is. Now, I will say, one 116 00:06:14,080 --> 00:06:17,480 Speaker 4: of the strange things is is you know President Trump 117 00:06:17,480 --> 00:06:19,880 Speaker 4: wears wears a suit and tie pretty much everywhere other 118 00:06:19,920 --> 00:06:22,280 Speaker 4: than the golf course. He wears a suit and tie constantly. 119 00:06:22,880 --> 00:06:25,480 Speaker 4: So if I were going to a UFC fight, I 120 00:06:25,520 --> 00:06:27,599 Speaker 4: would never wear a suit and tie like that. That 121 00:06:27,760 --> 00:06:30,640 Speaker 4: is not how I would dress. Sure, And so I'll 122 00:06:30,680 --> 00:06:33,560 Speaker 4: confess I kind of debated, all right, what do I wear? 123 00:06:34,120 --> 00:06:36,880 Speaker 4: And you know what, I figured, all right, if you're 124 00:06:36,880 --> 00:06:39,440 Speaker 4: hanging with the president, you owe the respect to the office. 125 00:06:39,480 --> 00:06:40,920 Speaker 4: And so I went ahead and put on a suit 126 00:06:40,960 --> 00:06:46,200 Speaker 4: and tie and and came in and it was and look, 127 00:06:46,200 --> 00:06:50,200 Speaker 4: it was very nice. They they introduced me during the 128 00:06:50,240 --> 00:06:52,320 Speaker 4: course of the fight and there was a big loud cheer. 129 00:06:52,360 --> 00:06:52,560 Speaker 3: I was. 130 00:06:52,600 --> 00:06:55,520 Speaker 4: I was gratified. Look, I'm you know, I'd represent Texas, 131 00:06:55,560 --> 00:06:59,000 Speaker 4: not Florida. But but the Miami folks were feeling sending 132 00:06:59,040 --> 00:07:01,080 Speaker 4: some I love my way, so that made me happy, 133 00:07:02,839 --> 00:07:05,360 Speaker 4: and it was it was an amazing time. 134 00:07:05,440 --> 00:07:07,120 Speaker 3: We were taking lots of pictures. 135 00:07:08,240 --> 00:07:12,000 Speaker 4: Several of the pictures that I tweeted out were actually 136 00:07:12,080 --> 00:07:14,360 Speaker 4: taken by Cash Pateel, the FBI director. 137 00:07:14,440 --> 00:07:16,280 Speaker 3: Who Who's Who's a friend of mine? 138 00:07:16,520 --> 00:07:18,760 Speaker 1: Yeah, good guy, good friend of mine as well. He's awesome. 139 00:07:18,800 --> 00:07:21,000 Speaker 2: And and by the way he gets away with not 140 00:07:21,040 --> 00:07:22,760 Speaker 2: wearing the suit, did you notice that he was. 141 00:07:22,760 --> 00:07:23,679 Speaker 1: Like black on black. 142 00:07:24,240 --> 00:07:26,680 Speaker 4: I did give him some grief for that. Now, Cash 143 00:07:26,760 --> 00:07:30,239 Speaker 4: is a huge UFC fan. He's been to a bunch 144 00:07:30,240 --> 00:07:33,960 Speaker 4: of the fights and he follows them closely, and he 145 00:07:34,080 --> 00:07:35,720 Speaker 4: was he was just like, no, this is what this 146 00:07:35,760 --> 00:07:38,040 Speaker 4: is what I'm gonna wear. But so I had him 147 00:07:38,080 --> 00:07:39,920 Speaker 4: take several of the pictures and then I turned to 148 00:07:40,000 --> 00:07:43,280 Speaker 4: him and I said, Cash, what kind of moron gives 149 00:07:43,280 --> 00:07:47,240 Speaker 4: his cell phone to the director of the FBI. And 150 00:07:47,320 --> 00:07:49,480 Speaker 4: he cracked up laughing, and I said, just to be clear, 151 00:07:49,520 --> 00:07:51,960 Speaker 4: I'm not waving any Fourth Amendment privilege on my phone. 152 00:07:52,520 --> 00:07:54,160 Speaker 4: And he did give it back. He gave it back 153 00:07:54,160 --> 00:07:55,760 Speaker 4: and he did not search the contents. 154 00:07:56,080 --> 00:07:59,440 Speaker 2: That's awesome when you look at this cabinet and I 155 00:07:59,640 --> 00:08:01,880 Speaker 2: you were on Air Force one by the way down there, 156 00:08:02,440 --> 00:08:04,520 Speaker 2: and this is your first time on air Force one 157 00:08:04,880 --> 00:08:07,960 Speaker 2: in forty seven. This term his new term. You've been 158 00:08:08,000 --> 00:08:10,840 Speaker 2: on it obviously before. I've been on Air Force one. 159 00:08:10,880 --> 00:08:12,680 Speaker 2: It's the coolest plane in the world. I don't care 160 00:08:12,680 --> 00:08:16,640 Speaker 2: what anybody says. It's absolutely unbelievable. But what's it like 161 00:08:16,760 --> 00:08:20,520 Speaker 2: in the mood there this cabinet? And the reason why 162 00:08:20,560 --> 00:08:23,640 Speaker 2: I ask is it seems like they are much tighter. 163 00:08:24,160 --> 00:08:28,080 Speaker 2: They have a genuine affinity for one another, and they 164 00:08:28,280 --> 00:08:31,320 Speaker 2: enjoy each other's company. You can see it when they're 165 00:08:31,320 --> 00:08:33,320 Speaker 2: in the cabinet meetings, you can see it when they're 166 00:08:33,360 --> 00:08:35,880 Speaker 2: on the plane, but you're there with them. I mean, 167 00:08:35,920 --> 00:08:38,560 Speaker 2: it just seems like there's a different level of mesh, 168 00:08:38,679 --> 00:08:42,080 Speaker 2: like they're genuine teammates working together every day. 169 00:08:42,880 --> 00:08:44,480 Speaker 3: Yeah, I think that's right. 170 00:08:44,920 --> 00:08:47,360 Speaker 4: I think the cabinet the second term is much stronger 171 00:08:47,400 --> 00:08:50,720 Speaker 4: than the cabinet the first term. I think the president 172 00:08:50,760 --> 00:08:54,440 Speaker 4: has been looking for and disappointed change agents, people that 173 00:08:54,480 --> 00:08:57,079 Speaker 4: are going in to really make a serious difference in 174 00:08:57,360 --> 00:09:00,480 Speaker 4: the cabinet agencies they've been appointed to. And he's looking 175 00:09:00,559 --> 00:09:03,120 Speaker 4: for people who are committed to fighting to implement his agenda. 176 00:09:03,160 --> 00:09:04,839 Speaker 4: And I'll tell you in the first term he had 177 00:09:04,840 --> 00:09:07,120 Speaker 4: some people who did that, but he had some of 178 00:09:07,160 --> 00:09:11,199 Speaker 4: his appointments who actively undermined and fought the White House 179 00:09:11,240 --> 00:09:14,440 Speaker 4: and did real damage. And so I think I think 180 00:09:14,480 --> 00:09:18,040 Speaker 4: there's a much greater consistency of the cabinet fighting alongside 181 00:09:18,080 --> 00:09:21,360 Speaker 4: the president rather than fighting against the president in this 182 00:09:21,480 --> 00:09:24,320 Speaker 4: second term. And you asked what the mood was. Look 183 00:09:24,400 --> 00:09:26,280 Speaker 4: on Air Force One. I've been on Air Force one 184 00:09:26,320 --> 00:09:30,000 Speaker 4: a bunch of times. The mood the president was. He 185 00:09:30,040 --> 00:09:32,840 Speaker 4: was in great spirits, he was in great cheer. You know, 186 00:09:32,880 --> 00:09:36,920 Speaker 4: we flew back at two in the morning. I gotta say, 187 00:09:36,960 --> 00:09:39,640 Speaker 4: the president is seventy eight, he's almost seventy nine years old, 188 00:09:40,520 --> 00:09:43,480 Speaker 4: and he had complete and total energy. And I got 189 00:09:43,520 --> 00:09:49,040 Speaker 4: to tell you X, who's four turns five and in 190 00:09:49,640 --> 00:09:53,400 Speaker 4: May as a four year old, he was wide awake 191 00:09:53,440 --> 00:09:55,760 Speaker 4: in running around at two in the morning. And in 192 00:09:55,800 --> 00:09:59,120 Speaker 4: fact I asked the President, I said, okay, mis President, 193 00:09:59,600 --> 00:10:01,959 Speaker 4: who more energy you or X? And he just kind 194 00:10:02,000 --> 00:10:04,160 Speaker 4: of laughed. But it was kind of close. They're both 195 00:10:04,240 --> 00:10:07,200 Speaker 4: at at two o'clock in the morning. In fact, the 196 00:10:07,200 --> 00:10:09,640 Speaker 4: President went to the back of the plane and did 197 00:10:09,640 --> 00:10:12,400 Speaker 4: an impromptu news conference. The reporters fly in the back 198 00:10:12,440 --> 00:10:15,640 Speaker 4: of the plane, and he was joking, you know, before 199 00:10:15,679 --> 00:10:17,240 Speaker 4: he went in, he was talking with all of us, 200 00:10:17,240 --> 00:10:19,040 Speaker 4: said all right, I'm gonna go talk to the reporters now. 201 00:10:19,040 --> 00:10:21,280 Speaker 4: And he said, can you imagine Joe Biden doing this? 202 00:10:21,320 --> 00:10:23,240 Speaker 4: And he said, look, Biden would be asleep by like 203 00:10:23,320 --> 00:10:26,040 Speaker 4: eight pm? How could he possibly But. 204 00:10:26,080 --> 00:10:28,200 Speaker 1: He wouldn't even bet the fight. Let's be honest. 205 00:10:28,320 --> 00:10:32,079 Speaker 4: Yeah, they're there now. Look it, if they had a 206 00:10:32,120 --> 00:10:34,080 Speaker 4: game of shuffle board, Biden might have made. 207 00:10:33,960 --> 00:10:36,880 Speaker 2: That that's true, or or you know, he did like 208 00:10:36,960 --> 00:10:38,280 Speaker 2: riding the bikes until he fell over. 209 00:10:38,360 --> 00:10:39,960 Speaker 1: But you know, there's there's that as well. 210 00:10:40,280 --> 00:10:44,160 Speaker 2: I just think it's incredible to see not only the stamina, 211 00:10:44,679 --> 00:10:47,240 Speaker 2: but also the excitement and the love for life. I 212 00:10:47,280 --> 00:10:50,360 Speaker 2: feel like there's a genuine happiness around this Trump. I 213 00:10:50,400 --> 00:10:52,200 Speaker 2: feel like there's a lot of days in sixteen to 214 00:10:52,240 --> 00:10:55,400 Speaker 2: twenty where he was angry and for good reason and 215 00:10:55,520 --> 00:10:57,640 Speaker 2: mad and frustrated and he was going to war with 216 00:10:57,640 --> 00:11:00,000 Speaker 2: the media. I feel like now he's messing with him 217 00:11:00,040 --> 00:11:02,920 Speaker 2: a little bit more, and he's genuinely loving his time 218 00:11:03,000 --> 00:11:05,480 Speaker 2: as being president. This time it's a different perspective. Is 219 00:11:05,840 --> 00:11:08,200 Speaker 2: part of that because the assassination attempt, do you think 220 00:11:08,240 --> 00:11:11,200 Speaker 2: and also saying, hey, I'm getting another chance of redo 221 00:11:11,240 --> 00:11:13,600 Speaker 2: basically from sixteen, I'm better at at this time. I 222 00:11:13,640 --> 00:11:15,240 Speaker 2: know of what I'm up against, I know how bad 223 00:11:15,240 --> 00:11:16,560 Speaker 2: the government is, the deep state, etc. 224 00:11:17,720 --> 00:11:20,640 Speaker 4: Look, I think he's having fun. I also think and 225 00:11:20,640 --> 00:11:22,840 Speaker 4: this is something actually he and I talked about quite 226 00:11:22,880 --> 00:11:26,080 Speaker 4: a bit on Air Force One, which is he's able 227 00:11:26,120 --> 00:11:29,920 Speaker 4: to accomplish a lot more this term than he would 228 00:11:29,960 --> 00:11:33,560 Speaker 4: have been if he had served an immediately successive term. 229 00:11:33,600 --> 00:11:36,480 Speaker 4: If he'd gone back in the White House in twenty 230 00:11:36,520 --> 00:11:41,079 Speaker 4: twenty one in what would have been a close and 231 00:11:41,480 --> 00:11:45,600 Speaker 4: bitter and contested election, we would not be accomplishing a 232 00:11:45,600 --> 00:11:49,199 Speaker 4: fraction of what he's accomplishing now. It really took the 233 00:11:49,240 --> 00:11:52,600 Speaker 4: four years of Joe Biden, Kamala Harris, the absolute train 234 00:11:52,760 --> 00:11:55,719 Speaker 4: wreck that they made of everything, to make I think 235 00:11:55,720 --> 00:11:59,360 Speaker 4: the American people ready for the Trump administration to implement 236 00:11:59,440 --> 00:12:04,440 Speaker 4: real and souitous change. I also think those four years 237 00:12:05,200 --> 00:12:08,200 Speaker 4: the Trump team spent that time really thinking and thinking 238 00:12:08,240 --> 00:12:11,280 Speaker 4: seriously about what they wanted to accomplish. And so you 239 00:12:11,280 --> 00:12:14,000 Speaker 4: look at these executive orders they're putting in place that 240 00:12:14,040 --> 00:12:17,079 Speaker 4: they're rolling out day after day after day. I think 241 00:12:17,120 --> 00:12:19,880 Speaker 4: if it were an immediately successive term, you would not 242 00:12:20,000 --> 00:12:25,400 Speaker 4: have seen anywhere near as bold and as effective executive 243 00:12:25,400 --> 00:12:31,000 Speaker 4: action as we've seen. And and Trump emphatically agreed that 244 00:12:30,280 --> 00:12:32,559 Speaker 4: that that the fact that he was coming after four 245 00:12:32,640 --> 00:12:36,440 Speaker 4: years of Biden gave him much more ability to implement 246 00:12:36,520 --> 00:12:40,520 Speaker 4: significant change than if he'd just been serving an immediately 247 00:12:40,559 --> 00:12:41,920 Speaker 4: consecutive second term. 248 00:12:42,480 --> 00:12:44,240 Speaker 2: So the question I'm going to ask, which is the 249 00:12:44,240 --> 00:12:45,959 Speaker 2: one I think nine percent of the people listening want 250 00:12:46,000 --> 00:12:47,760 Speaker 2: me to ask you right now, is all right, So 251 00:12:48,160 --> 00:12:50,239 Speaker 2: did you guys talk about tariffs? 252 00:12:50,280 --> 00:12:52,400 Speaker 1: Did you talk about Trey? 253 00:12:52,960 --> 00:12:53,000 Speaker 5: Like? 254 00:12:53,160 --> 00:12:55,800 Speaker 1: What's the conversation? What were you guys chatting about? 255 00:12:55,800 --> 00:12:57,679 Speaker 2: When it comes from a policy standpoint, because if you 256 00:12:57,720 --> 00:12:59,720 Speaker 2: look at the different people you were with, it could 257 00:12:59,720 --> 00:13:02,480 Speaker 2: have gone a lot of different ways. You had Kennedy there, 258 00:13:02,520 --> 00:13:07,000 Speaker 2: that's totally different than cashpertel conversation or or or Tolsted's conversation. 259 00:13:07,160 --> 00:13:08,800 Speaker 2: Maybe what were you guys talking about? 260 00:13:09,120 --> 00:13:12,760 Speaker 4: Yeah, look, a lot of times the conversations are are substantive. 261 00:13:13,120 --> 00:13:15,080 Speaker 4: I got to tell you this one. Everyone was excited 262 00:13:15,080 --> 00:13:17,160 Speaker 4: about going to the USC and so it was kind 263 00:13:17,200 --> 00:13:19,959 Speaker 4: of a happy, jovial mood. 264 00:13:20,800 --> 00:13:21,840 Speaker 3: On the way back. 265 00:13:21,960 --> 00:13:26,200 Speaker 4: He his granddaughter Kai was there and she's a terrific golfer. 266 00:13:26,280 --> 00:13:28,400 Speaker 4: So he was like, you know, show everyone your golf swing, 267 00:13:28,400 --> 00:13:29,679 Speaker 4: and so he pulled it, you know, had her pull 268 00:13:29,720 --> 00:13:31,839 Speaker 4: out a phone and show you know, she's gonna be 269 00:13:31,840 --> 00:13:34,440 Speaker 4: playing at University of Miami golf team, and so he was. 270 00:13:35,160 --> 00:13:41,640 Speaker 4: It was it was a relaxed, joking around fun environment. Look, 271 00:13:41,679 --> 00:13:45,640 Speaker 4: there was some discussion of tariffs, but the main discussion 272 00:13:45,679 --> 00:13:47,560 Speaker 4: of tariffs, and we're going to get into tariffs right now, 273 00:13:48,360 --> 00:13:50,880 Speaker 4: was he was talking about all of the law firms 274 00:13:51,240 --> 00:13:54,880 Speaker 4: that that that have cut deals with the administration and 275 00:13:55,000 --> 00:13:59,640 Speaker 4: have signed commitments to give typically one hundred million dollars 276 00:13:59,720 --> 00:14:01,480 Speaker 4: or in some instance is one hundred and twenty five 277 00:14:01,520 --> 00:14:04,679 Speaker 4: million dollars of pro bono legal services, free low legal 278 00:14:04,720 --> 00:14:10,000 Speaker 4: services for for issues that that that that matter to 279 00:14:10,040 --> 00:14:13,280 Speaker 4: the Trump administration. And he was saying, collectively, it's over 280 00:14:13,320 --> 00:14:15,840 Speaker 4: a billion dollars in legal services. And so he was saying, 281 00:14:15,880 --> 00:14:19,040 Speaker 4: you know, what should we use that for? And I'll 282 00:14:19,080 --> 00:14:21,480 Speaker 4: tell you what I suggested, and what he was agreeing 283 00:14:22,080 --> 00:14:24,280 Speaker 4: is you've got some of the best lawyers in the world, 284 00:14:24,480 --> 00:14:26,120 Speaker 4: and I was saying, look, we ought to use these 285 00:14:26,160 --> 00:14:29,360 Speaker 4: guys to help negotiate trade deals. We've got We've got 286 00:14:29,760 --> 00:14:32,600 Speaker 4: companies all over the work, or countries rather all over 287 00:14:32,600 --> 00:14:35,760 Speaker 4: the world that are coming and wanting trade deals, wanting 288 00:14:35,760 --> 00:14:38,440 Speaker 4: to lower their tariffs against US goods and services, wanting 289 00:14:38,480 --> 00:14:42,680 Speaker 4: to get President Trump's tariffs lowered against them, and just 290 00:14:42,920 --> 00:14:47,760 Speaker 4: papering one hundred plus deals is incredibly complicated. It takes 291 00:14:47,760 --> 00:14:51,120 Speaker 4: a lot of serious lawyering, and so having over a 292 00:14:51,200 --> 00:14:55,680 Speaker 4: billion dollars of free legal services, and I think I 293 00:14:55,680 --> 00:14:59,040 Speaker 4: think the President was quite interested and was pretty emphatically 294 00:14:59,040 --> 00:15:01,840 Speaker 4: agreeing that that is a very good thing to devote 295 00:15:01,880 --> 00:15:04,680 Speaker 4: a lot of that energy is to negotiate negotiating trade 296 00:15:04,720 --> 00:15:08,560 Speaker 4: deals that benefit America and that lower tariffs on American 297 00:15:08,560 --> 00:15:09,440 Speaker 4: goods going abroad. 298 00:15:10,040 --> 00:15:12,920 Speaker 2: Well, you mentioned that there's a lot of paperwork. Yeah, 299 00:15:13,120 --> 00:15:15,800 Speaker 2: there's going to be an awful lot of paperwork, because 300 00:15:15,840 --> 00:15:18,800 Speaker 2: we're now hearing from the White House that they have 301 00:15:19,480 --> 00:15:24,160 Speaker 2: negotiations that are in essence underway with what was forty 302 00:15:24,200 --> 00:15:27,120 Speaker 2: countries early, then it jumped to seventy. Now they're saying 303 00:15:27,160 --> 00:15:29,520 Speaker 2: one hundred and thirty countries are sitting there ready to 304 00:15:29,520 --> 00:15:31,040 Speaker 2: have the conversation on tariffs. 305 00:15:31,960 --> 00:15:33,040 Speaker 3: Yeah, that's exactly right. 306 00:15:33,160 --> 00:15:35,720 Speaker 4: Kevin Hasset, who's the head of the National Economic Council, 307 00:15:35,720 --> 00:15:38,640 Speaker 4: he was on TV this weekend. Give a listen to 308 00:15:38,640 --> 00:15:39,280 Speaker 4: what Kevin said. 309 00:15:40,240 --> 00:15:42,160 Speaker 6: Well, what do you say to small business owners or 310 00:15:42,200 --> 00:15:44,960 Speaker 6: even big business owners who say they're having difficulty making 311 00:15:45,080 --> 00:15:48,520 Speaker 6: long term business decisions because the country seems right now 312 00:15:48,520 --> 00:15:50,600 Speaker 6: to be run by capricious whim. 313 00:15:51,120 --> 00:15:53,520 Speaker 7: Oh, i'd think at all, it's run by capricius whim. 314 00:15:53,960 --> 00:15:56,120 Speaker 7: The way that I would think about it is that 315 00:15:56,200 --> 00:15:59,040 Speaker 7: in the previous administration, you can sort of say, if 316 00:15:59,080 --> 00:16:00,880 Speaker 7: you're thinking about it in the foot all analogy is 317 00:16:00,920 --> 00:16:03,520 Speaker 7: that they were running out the clock. And what's going 318 00:16:03,560 --> 00:16:06,120 Speaker 7: on now and the Trump administration is across a wide 319 00:16:06,200 --> 00:16:09,320 Speaker 7: array of policy areas. We're in a two minute offense, 320 00:16:09,600 --> 00:16:12,280 Speaker 7: and the two minute offense is pushing, as you've seen 321 00:16:12,320 --> 00:16:14,920 Speaker 7: the reconciliation build through, so that we get tax relief 322 00:16:15,120 --> 00:16:19,360 Speaker 7: for America people, deregulation, and of course trade policy. Now 323 00:16:19,360 --> 00:16:21,520 Speaker 7: on the trade policy, the whole point of the trade 324 00:16:21,560 --> 00:16:25,560 Speaker 7: policy is to address the national emergency that we're too 325 00:16:25,720 --> 00:16:29,800 Speaker 7: dependent on foreign products in the US, especially if we 326 00:16:29,800 --> 00:16:32,360 Speaker 7: were at a time of conflict, and we're doing something 327 00:16:32,400 --> 00:16:35,520 Speaker 7: about that. And the Reciprocal Act was basically, guys, if 328 00:16:35,520 --> 00:16:38,080 Speaker 7: you come to the table and negotiate us with us 329 00:16:38,120 --> 00:16:40,920 Speaker 7: and treat us the same way we treat you, then 330 00:16:41,280 --> 00:16:44,040 Speaker 7: we'll get your rate really low. And so right now 331 00:16:44,080 --> 00:16:47,480 Speaker 7: one hundred and thirty countries, one hundred thirty countries have responded 332 00:16:47,640 --> 00:16:50,360 Speaker 7: and we're negotiating with them, and they've got their rate 333 00:16:50,440 --> 00:16:53,400 Speaker 7: down to ten percent. And so really it's kind of 334 00:16:53,400 --> 00:16:56,360 Speaker 7: almost a two world system. There's a process about China 335 00:16:56,920 --> 00:17:00,200 Speaker 7: and that's very very nascent, if at all, and then 336 00:17:00,520 --> 00:17:02,680 Speaker 7: the process for everybody else. So the process for everybody 337 00:17:02,720 --> 00:17:06,359 Speaker 7: else is orderly. It's clear people are coming to town 338 00:17:06,480 --> 00:17:11,679 Speaker 7: with great offers. We've got japanned Korea, India. I was 339 00:17:11,680 --> 00:17:15,520 Speaker 7: just talking to the Foreign Minister of Idea and everything 340 00:17:15,600 --> 00:17:18,399 Speaker 7: is moving forward very quickly. And so I guess the 341 00:17:18,440 --> 00:17:22,400 Speaker 7: bottom light is that the small business owner has experienced 342 00:17:22,400 --> 00:17:25,200 Speaker 7: over the last few weeks the start of a process 343 00:17:25,280 --> 00:17:27,840 Speaker 7: that's settling down really quite quickly. Gave one hundred thirty 344 00:17:27,920 --> 00:17:29,160 Speaker 7: contries are at ten percent now. 345 00:17:29,440 --> 00:17:31,640 Speaker 2: One hundred and thirty countries and at ten percent now, 346 00:17:31,680 --> 00:17:33,399 Speaker 2: and they're saying they're coming in and they want a 347 00:17:33,440 --> 00:17:34,960 Speaker 2: deal done, and they want to get done quick. 348 00:17:35,480 --> 00:17:38,280 Speaker 4: Well, look, and I think that's notable that the number 349 00:17:38,320 --> 00:17:41,680 Speaker 4: of countries are coming in asking for a deal, negotiating, 350 00:17:41,800 --> 00:17:43,840 Speaker 4: eager to come to the table. It's up to one 351 00:17:43,880 --> 00:17:45,639 Speaker 4: hundred and thirty, is what the White House is saying. 352 00:17:46,040 --> 00:17:49,600 Speaker 4: That is unprecedented. That is remarkable, and that is a 353 00:17:49,640 --> 00:17:54,280 Speaker 4: significant victory. That is reason to celebrate. Now, you and 354 00:17:54,359 --> 00:17:57,600 Speaker 4: I have talked before about how this administration's approach has 355 00:17:57,680 --> 00:18:00,239 Speaker 4: been an approach kind of borrowed from Silicon Valley, move 356 00:18:00,320 --> 00:18:04,360 Speaker 4: fast and break things, and and so things are moving fast. Uh, 357 00:18:04,359 --> 00:18:06,760 Speaker 4: there's a lot of uncertainty, and I do think it's 358 00:18:06,840 --> 00:18:12,840 Speaker 4: right that that the business world is is disconcerted by 359 00:18:12,880 --> 00:18:15,560 Speaker 4: the uncertainty that that that when it comes to investment, 360 00:18:16,040 --> 00:18:18,000 Speaker 4: if you're going to invest money, and this is true 361 00:18:18,000 --> 00:18:22,320 Speaker 4: whether you're you're, uh, you know, a small business or 362 00:18:22,359 --> 00:18:28,000 Speaker 4: a giant corporation, you need some modicum of certainty to 363 00:18:28,080 --> 00:18:29,520 Speaker 4: know whether to deploy capital. 364 00:18:29,560 --> 00:18:31,840 Speaker 3: And and and so every time. 365 00:18:31,640 --> 00:18:34,879 Speaker 4: The rules change, that that that that makes business is 366 00:18:34,960 --> 00:18:36,439 Speaker 4: less likely to deploy capital. 367 00:18:36,480 --> 00:18:37,480 Speaker 3: And so my. 368 00:18:37,560 --> 00:18:40,119 Speaker 4: Hope is that that we will see a greater degree 369 00:18:40,119 --> 00:18:43,160 Speaker 4: of predictability and certainty. Now, you and I have talked 370 00:18:43,160 --> 00:18:46,160 Speaker 4: in this podcast about how there is a battle waging 371 00:18:46,200 --> 00:18:48,840 Speaker 4: within the Trump administration that's still very much going on, 372 00:18:49,760 --> 00:18:51,080 Speaker 4: and it is waging. 373 00:18:51,880 --> 00:18:52,920 Speaker 3: On the one hand, you. 374 00:18:52,880 --> 00:18:56,240 Speaker 4: Have people like Kevin Hassett, You have people like Elon Musk, 375 00:18:56,320 --> 00:18:59,360 Speaker 4: You have people like Scott Bessant who are arguing aggressively 376 00:19:01,280 --> 00:19:07,919 Speaker 4: lower tariffs from other countries, use these tariffs's leverage to 377 00:19:08,040 --> 00:19:14,600 Speaker 4: negotiate extraordinary free trade agreements, and those voices right now, 378 00:19:14,640 --> 00:19:19,000 Speaker 4: I think there's some momentum behind those voices. Those voices 379 00:19:19,119 --> 00:19:23,679 Speaker 4: prevailed when last week President Trump paused the tariffs across 380 00:19:23,720 --> 00:19:26,560 Speaker 4: the board, as we talked about in this podcast. I 381 00:19:26,640 --> 00:19:29,320 Speaker 4: spent an hour the night before along with several other senators, 382 00:19:29,560 --> 00:19:33,119 Speaker 4: urging the President to do exactly that, and he listened 383 00:19:33,119 --> 00:19:35,280 Speaker 4: to us and others that we're. 384 00:19:34,680 --> 00:19:35,359 Speaker 3: Arguing to do that. 385 00:19:37,240 --> 00:19:41,280 Speaker 4: But there are other voices in the administration that are saying, no, 386 00:19:41,560 --> 00:19:45,320 Speaker 4: don't lower the tariffs. It doesn't matter if other countries 387 00:19:45,400 --> 00:19:49,200 Speaker 4: lower their tariffs. Let's keep tariffs in place in perpetuity. 388 00:19:49,440 --> 00:19:52,159 Speaker 4: And I very much hope that that second group of 389 00:19:52,240 --> 00:19:54,480 Speaker 4: voices does not prevail, because I think that would be 390 00:19:54,520 --> 00:19:59,040 Speaker 4: a really harmful economic policy for the country. If we 391 00:19:59,200 --> 00:20:02,520 Speaker 4: end up having massively high terriffs of every country on 392 00:20:02,560 --> 00:20:05,919 Speaker 4: Earth against America, and massively high tariffs in America against 393 00:20:05,920 --> 00:20:08,119 Speaker 4: every country on Earth. I think that'd be really bad 394 00:20:09,000 --> 00:20:12,680 Speaker 4: for Texas farmers and ranchers and businesses, and for American 395 00:20:12,680 --> 00:20:15,680 Speaker 4: farmers and ranchers and businesses. And so I'm encouraged right 396 00:20:15,720 --> 00:20:18,600 Speaker 4: now that I think the free market side of that 397 00:20:18,760 --> 00:20:22,520 Speaker 4: argument is prevailing. But I would say don't get complacent. 398 00:20:22,600 --> 00:20:25,800 Speaker 4: This battle is very much going back and forth, and 399 00:20:25,880 --> 00:20:26,840 Speaker 4: it is a live argument. 400 00:20:27,720 --> 00:20:30,280 Speaker 2: There's also a big separation now that we're seeing in 401 00:20:30,320 --> 00:20:33,280 Speaker 2: this conversation, and it deals with He's saying, hey, we're 402 00:20:33,280 --> 00:20:35,640 Speaker 2: dealing with a lot of these countries one way, We're 403 00:20:35,640 --> 00:20:38,760 Speaker 2: gonna deal with China a little bit differently. Then we 404 00:20:38,880 --> 00:20:42,959 Speaker 2: also had this announcement come out that there were going 405 00:20:43,040 --> 00:20:46,639 Speaker 2: to be some exemptions on tech items like phones, computers, 406 00:20:46,680 --> 00:20:50,920 Speaker 2: and chips from these tariffs. The Commerce Secretary, Howard Lutnik, 407 00:20:51,320 --> 00:20:54,000 Speaker 2: he went on ABC this week to try to explain 408 00:20:54,280 --> 00:20:57,520 Speaker 2: all of this, saying, hey, this is in essence also 409 00:20:57,920 --> 00:21:01,080 Speaker 2: short term, and we will set tariffs come in there, 410 00:21:01,080 --> 00:21:04,000 Speaker 2: but we're trying to make this work now so that 411 00:21:04,160 --> 00:21:06,879 Speaker 2: there's not a major disruption or a massive hike in 412 00:21:06,920 --> 00:21:09,560 Speaker 2: some of these important items. Take a listen to what 413 00:21:09,600 --> 00:21:11,560 Speaker 2: he had to say on ABC this week. 414 00:21:12,119 --> 00:21:15,360 Speaker 8: I'm joined now by Secretary of Commerce Howard Lutnick, Secretary 415 00:21:15,359 --> 00:21:17,680 Speaker 8: of Lutnik, Thank you for being with us this morning. 416 00:21:17,680 --> 00:21:19,240 Speaker 8: I really appreciate your time. 417 00:21:20,080 --> 00:21:22,080 Speaker 1: So let's start with that news like pleasure. 418 00:21:22,280 --> 00:21:25,120 Speaker 8: Let let's start with that news Lefari that this exemption 419 00:21:25,280 --> 00:21:29,080 Speaker 8: on electronics smartphones, laptop, computers and the like. What's the 420 00:21:29,119 --> 00:21:30,280 Speaker 8: thinking why the exemption. 421 00:21:31,359 --> 00:21:34,879 Speaker 5: Well, if you remember, over the past couple of months, 422 00:21:35,160 --> 00:21:40,560 Speaker 5: President Trump has called out pharmaceuticals and semiconductors and autos. 423 00:21:40,560 --> 00:21:45,119 Speaker 5: He called them sector tariffs, and those are not available 424 00:21:45,160 --> 00:21:48,720 Speaker 5: for negotiation. They are just going to be part of 425 00:21:48,760 --> 00:21:54,200 Speaker 5: making sure we resure the core national security items that 426 00:21:54,280 --> 00:21:56,240 Speaker 5: need to be made in this country. We need to 427 00:21:56,280 --> 00:21:59,359 Speaker 5: make medicine in this country. We learned it during COVID. 428 00:21:59,400 --> 00:22:01,560 Speaker 5: We need to make and in this country. We need 429 00:22:01,600 --> 00:22:05,080 Speaker 5: to make semiconductors because if we don't own semiconductors here. 430 00:22:05,600 --> 00:22:09,440 Speaker 5: Remember all virtually all semiconductors are made now in Taiwan 431 00:22:09,840 --> 00:22:13,160 Speaker 5: and they're finished in China. It's important that we reassure them. 432 00:22:13,480 --> 00:22:15,679 Speaker 5: And so the President is going to come out with 433 00:22:15,720 --> 00:22:20,199 Speaker 5: his policies on semiconductors and pharmaceuticals. They're going to be 434 00:22:20,280 --> 00:22:23,320 Speaker 5: outside the reciprocal tariffs. And he was just making sure 435 00:22:23,320 --> 00:22:26,600 Speaker 5: everyone understood that all of these products are outside the 436 00:22:26,680 --> 00:22:30,000 Speaker 5: reciprocal tariffs and they are going to have their own 437 00:22:30,240 --> 00:22:31,800 Speaker 5: separate way of being considered. 438 00:22:31,960 --> 00:22:35,720 Speaker 8: But wait a minute, I'm asking you about the exemption, 439 00:22:36,000 --> 00:22:39,080 Speaker 8: not about I mean the notice that went out Friday 440 00:22:39,160 --> 00:22:43,760 Speaker 8: night saying that electronics, a wide range of electronics, including smartphones, 441 00:22:44,040 --> 00:22:49,160 Speaker 8: including components used to make microchips, that these are now 442 00:22:49,440 --> 00:22:54,240 Speaker 8: exempt from the reciprocal tariffs. Why that move. 443 00:22:55,000 --> 00:22:58,600 Speaker 5: Well, remember those products are going to be part of 444 00:22:58,680 --> 00:23:03,760 Speaker 5: the semiconductor sectoral tariffs which are coming. So you're going 445 00:23:03,800 --> 00:23:06,240 Speaker 5: to see this week there'll be a register in the 446 00:23:06,280 --> 00:23:10,439 Speaker 5: Federal Registry. There'll be a notice put out that is 447 00:23:10,680 --> 00:23:12,919 Speaker 5: different types of work. So we're going to do that. 448 00:23:12,960 --> 00:23:15,480 Speaker 5: We did that in autos. The President's going to do 449 00:23:15,520 --> 00:23:17,560 Speaker 5: it for pharmaceuticals and he is going to do it 450 00:23:17,600 --> 00:23:20,360 Speaker 5: for semiconductors. So all those products are going to come 451 00:23:20,440 --> 00:23:24,000 Speaker 5: under semiconductors and they're going to have a special focused 452 00:23:24,000 --> 00:23:27,520 Speaker 5: type of tariff to make sure that those products get reshort. 453 00:23:27,920 --> 00:23:31,040 Speaker 5: We need to have semiconductors, we need to have chips, 454 00:23:31,280 --> 00:23:33,080 Speaker 5: and we need to have flat panels. We need to have 455 00:23:33,200 --> 00:23:36,119 Speaker 5: these things made in America. We can't be reliant on 456 00:23:36,280 --> 00:23:40,000 Speaker 5: Southeast Asia for all of the things that operate for US. 457 00:23:40,000 --> 00:23:42,879 Speaker 5: So what he's doing is he's saying they're exempt from 458 00:23:43,320 --> 00:23:47,960 Speaker 5: the reciprocal tariffs, but they're included in the semiconductor tariffs 459 00:23:48,119 --> 00:23:51,119 Speaker 5: which are coming in probably a month or two. So 460 00:23:51,560 --> 00:23:54,840 Speaker 5: these are coming soon. You shouldn't think this is really 461 00:23:55,240 --> 00:23:58,560 Speaker 5: outside of it. Really think of it as being included 462 00:23:58,920 --> 00:24:03,880 Speaker 5: in the semiconductors base, much like pharmaceuticals. Okay, sir, special attention, 463 00:24:04,240 --> 00:24:05,560 Speaker 5: and the President is on it. 464 00:24:05,960 --> 00:24:09,919 Speaker 8: So you're saying that the big tariffs on things like 465 00:24:10,119 --> 00:24:16,040 Speaker 8: smartphones and laptops, iPhones, all those iPhones built in China, 466 00:24:16,960 --> 00:24:19,879 Speaker 8: that those tariffs are temporarily off, but they're going to 467 00:24:19,920 --> 00:24:22,560 Speaker 8: be coming right back on in another form in a 468 00:24:22,560 --> 00:24:24,240 Speaker 8: month or so or what are you saying? 469 00:24:25,240 --> 00:24:25,680 Speaker 5: Correct? 470 00:24:26,200 --> 00:24:27,240 Speaker 1: That's right, that's right. 471 00:24:27,320 --> 00:24:31,320 Speaker 5: Semiconductors and pharmaceuticals will have a tariff model in order 472 00:24:31,359 --> 00:24:34,720 Speaker 5: to encourage them to re sure to be built in America. 473 00:24:34,840 --> 00:24:38,280 Speaker 5: We need our medicines, and we need semiconductors and our 474 00:24:38,320 --> 00:24:42,040 Speaker 5: electronics to be built in America. We can't be the 475 00:24:42,160 --> 00:24:47,040 Speaker 5: hold in and rely upon foreign countries for fundamental things 476 00:24:47,080 --> 00:24:49,800 Speaker 5: that we need. We can't be relying on China for 477 00:24:49,960 --> 00:24:54,000 Speaker 5: fundamental things that we need. Our medicines and our semiconductors 478 00:24:54,080 --> 00:24:56,560 Speaker 5: need to be built in America. Donald Trump is on it. 479 00:24:56,880 --> 00:24:59,439 Speaker 5: He's calling that out. So you should understand these are 480 00:24:59,680 --> 00:25:03,520 Speaker 5: in included in the semiconductor tariffs that are coming, and 481 00:25:03,560 --> 00:25:07,159 Speaker 5: the pharmaceuticals are coming. Those two areas are coming in 482 00:25:07,200 --> 00:25:09,199 Speaker 5: the next month or two. So this is not like 483 00:25:09,520 --> 00:25:12,880 Speaker 5: a permanent sort of exemption. He's just clarifying that these 484 00:25:12,920 --> 00:25:17,359 Speaker 5: are not available to be negotiated away by countries. These 485 00:25:17,400 --> 00:25:20,760 Speaker 5: are things that are national security that we need to 486 00:25:20,840 --> 00:25:23,760 Speaker 5: be made in America. 487 00:25:23,840 --> 00:25:27,199 Speaker 2: You listen to Howard there, you know him obviously, and 488 00:25:27,240 --> 00:25:29,600 Speaker 2: you hear what he's saying. He's trying to say, hey, 489 00:25:29,720 --> 00:25:32,760 Speaker 2: we're still moving forward, but we're also having to make 490 00:25:32,800 --> 00:25:34,800 Speaker 2: sure we don't do too much at one time that 491 00:25:34,880 --> 00:25:37,920 Speaker 2: can hurt people. And so there's a tough line here. 492 00:25:38,240 --> 00:25:41,879 Speaker 2: I understand how frustrating this can be as an American 493 00:25:41,920 --> 00:25:43,520 Speaker 2: because you may say, well, hold on, it sounds like 494 00:25:43,560 --> 00:25:46,719 Speaker 2: maybe they're getting a better deal. The little guy is 495 00:25:46,760 --> 00:25:49,040 Speaker 2: here break that down for us. 496 00:25:49,520 --> 00:25:53,080 Speaker 3: Well, it sounds like that because they are listen. I 497 00:25:53,200 --> 00:25:53,679 Speaker 3: like Howard. 498 00:25:54,040 --> 00:25:57,639 Speaker 4: He's just a smart, very effective business leader, and he's 499 00:25:58,480 --> 00:26:00,919 Speaker 4: joined a team that is that is drinking from a 500 00:26:00,920 --> 00:26:02,800 Speaker 4: fire hose. So they're trying to do an awful lot 501 00:26:02,800 --> 00:26:06,720 Speaker 4: all at once. But but I have to say the 502 00:26:06,800 --> 00:26:11,160 Speaker 4: result is the rules are changing, and they're changing very rapidly, 503 00:26:11,880 --> 00:26:14,600 Speaker 4: which makes it incredibly hard for anyone to know and 504 00:26:14,600 --> 00:26:16,680 Speaker 4: predict what they're going to be tomorrow and for them 505 00:26:16,680 --> 00:26:19,359 Speaker 4: to deploy capital knowing what the rules are going to be. 506 00:26:19,680 --> 00:26:23,920 Speaker 4: That's a problem. You need consistency that there's a bigger problem, 507 00:26:24,600 --> 00:26:28,399 Speaker 4: which is the question that was being asked is is 508 00:26:28,440 --> 00:26:32,480 Speaker 4: the administration announced this week that that that for smartphones 509 00:26:32,520 --> 00:26:36,840 Speaker 4: and laptops and electronics that they were exempt from from 510 00:26:36,880 --> 00:26:39,480 Speaker 4: the tariffs announced, including the tariffs in China one hundred 511 00:26:39,480 --> 00:26:43,159 Speaker 4: and forty five percent tariffs. I got to say that 512 00:26:43,160 --> 00:26:45,439 Speaker 4: that's a policy. A lot of folks are quite rightly 513 00:26:45,480 --> 00:26:49,680 Speaker 4: pointing out, uh that that that that benefits gigantic tech 514 00:26:49,720 --> 00:26:56,120 Speaker 4: companies that have armies of lobbyists in Washington whose CEOs 515 00:26:56,240 --> 00:27:01,520 Speaker 4: were arrayed on the stage at inauguration Day. But but 516 00:27:01,600 --> 00:27:03,159 Speaker 4: it doesn't do a whole lot of good for the 517 00:27:03,160 --> 00:27:03,720 Speaker 4: little guy. 518 00:27:03,880 --> 00:27:04,040 Speaker 3: You know. 519 00:27:04,119 --> 00:27:08,600 Speaker 4: I'm hearing from Texas small businesses that are manufacturing goods 520 00:27:08,640 --> 00:27:11,800 Speaker 4: and and some of the components that go into the 521 00:27:11,800 --> 00:27:14,600 Speaker 4: goods they're making or coming from China, coming from other countries, 522 00:27:14,960 --> 00:27:18,679 Speaker 4: and they're facing very significant tariffs, and the small business 523 00:27:18,720 --> 00:27:22,080 Speaker 4: is not getting an exemption. And I got to say 524 00:27:22,400 --> 00:27:26,399 Speaker 4: the argument that, well, yeah, we gave a gigantic gift 525 00:27:26,480 --> 00:27:30,960 Speaker 4: to tim Cook and Apple, but don't worry. In the future, 526 00:27:31,040 --> 00:27:34,480 Speaker 4: we'll put some different tariffs on semiconductors, but we're not 527 00:27:34,480 --> 00:27:35,360 Speaker 4: going to tell you what they are. 528 00:27:35,400 --> 00:27:37,800 Speaker 3: But they are going to come, and at. 529 00:27:37,640 --> 00:27:40,680 Speaker 4: Some point in the future they'll come, but presumably they're 530 00:27:40,680 --> 00:27:41,920 Speaker 4: going to be a lot less than one hundred and 531 00:27:41,960 --> 00:27:44,840 Speaker 4: forty five percent on China that everyone else has to 532 00:27:44,880 --> 00:27:51,760 Speaker 4: pay if they're not in big tech. I mentioned that 533 00:27:51,800 --> 00:27:56,120 Speaker 4: there is an ongoing battle within the administration. I think 534 00:27:56,160 --> 00:27:59,359 Speaker 4: this policy is a consequence of that ongoing battle. 535 00:27:59,400 --> 00:28:01,680 Speaker 3: I'll be clear, I am not. 536 00:28:01,720 --> 00:28:07,960 Speaker 4: A fan at all of sectoral exemptions that essentially benefit 537 00:28:08,080 --> 00:28:11,680 Speaker 4: that pick winners and losers. I think you know when 538 00:28:11,720 --> 00:28:16,040 Speaker 4: you talk about the swamp. When Washington decides to say, Okay, 539 00:28:17,119 --> 00:28:19,240 Speaker 4: you're the winner, you're the loser. You're the winner, you're 540 00:28:19,240 --> 00:28:24,159 Speaker 4: the loser. That is a really dangerous and slippery slope. 541 00:28:24,320 --> 00:28:26,800 Speaker 4: And if you're going to do it at all, if 542 00:28:26,840 --> 00:28:29,240 Speaker 4: you want to make an exemption, make an exemption for 543 00:28:29,320 --> 00:28:32,600 Speaker 4: small businesses, make an exemption for the little guy. If 544 00:28:32,600 --> 00:28:36,679 Speaker 4: you want to say a small business with revenues below 545 00:28:37,760 --> 00:28:40,200 Speaker 4: fifty million dollars or one hundred million dollars, a small 546 00:28:40,240 --> 00:28:43,720 Speaker 4: manufacturing business is exempt from paying the tariff. That might 547 00:28:43,760 --> 00:28:45,440 Speaker 4: make sense because we're going to see some of those 548 00:28:45,440 --> 00:28:48,520 Speaker 4: small businesses that are really important dependent potentially go out 549 00:28:48,560 --> 00:28:53,040 Speaker 4: of business. And if you wanted to make an exemption, 550 00:28:54,000 --> 00:28:57,080 Speaker 4: rather than do it for gigantic companies, I do it 551 00:28:57,120 --> 00:29:01,239 Speaker 4: exactly on the other side and look out for the 552 00:29:01,280 --> 00:29:06,480 Speaker 4: little guy that is more vulnerable to the immediate vicissitudes 553 00:29:06,520 --> 00:29:08,480 Speaker 4: of the changes in policies. 554 00:29:09,080 --> 00:29:11,280 Speaker 2: Yeah, and like you said, they're drinking from a fire hose. 555 00:29:11,320 --> 00:29:13,800 Speaker 2: This is when it gets complicated. When you're trying to 556 00:29:13,840 --> 00:29:17,680 Speaker 2: break big things and change things. There are x factors 557 00:29:17,680 --> 00:29:19,959 Speaker 2: in here in caveats where you say, hold on a second, 558 00:29:20,080 --> 00:29:22,720 Speaker 2: is this really what the aus you put it? The 559 00:29:22,720 --> 00:29:25,160 Speaker 2: small business owners need, which is the reason why we 560 00:29:25,240 --> 00:29:27,720 Speaker 2: have this conversation every day. I want to move to 561 00:29:27,760 --> 00:29:30,920 Speaker 2: this other big issue also that we mentioned earlier, and 562 00:29:31,000 --> 00:29:35,120 Speaker 2: it was a massive victory for the Trump administration when 563 00:29:35,160 --> 00:29:39,120 Speaker 2: it came to an immigration judge doing a major ruling 564 00:29:39,600 --> 00:29:42,760 Speaker 2: on deporting students that are advocating for the death and 565 00:29:42,800 --> 00:29:44,960 Speaker 2: destruction of students on campus that, by the way, a 566 00:29:45,080 --> 00:29:50,960 Speaker 2: Jewish are advocating their support for terrorists organizations. And this 567 00:29:51,040 --> 00:29:54,720 Speaker 2: all comes out of Columbia University, where it has become 568 00:29:54,760 --> 00:29:57,360 Speaker 2: a major point of all, right, who's going to win 569 00:29:57,440 --> 00:29:59,600 Speaker 2: this is the Trump administration going to win this or 570 00:29:59,680 --> 00:30:01,720 Speaker 2: the radicals on the left going to win? And it 571 00:30:01,760 --> 00:30:03,440 Speaker 2: was a big win for Donald Trump this week. 572 00:30:04,400 --> 00:30:06,640 Speaker 4: Well, it was a win. I don't know that it 573 00:30:06,680 --> 00:30:09,560 Speaker 4: was a massive victory because it's clearly right under the law. 574 00:30:09,720 --> 00:30:12,080 Speaker 4: So it was a win that was going to happen, 575 00:30:12,560 --> 00:30:15,320 Speaker 4: but I'm glad it did. And so listen, one of 576 00:30:15,360 --> 00:30:18,080 Speaker 4: the things that President Trump is doing that is exactly 577 00:30:18,200 --> 00:30:24,640 Speaker 4: right is the Trump administration is deporting those who engage 578 00:30:24,640 --> 00:30:27,720 Speaker 4: in anti Israel, anti American protests, who are foreign students, 579 00:30:27,720 --> 00:30:30,640 Speaker 4: who are on student visas, who are non American citizens. 580 00:30:30,920 --> 00:30:34,320 Speaker 4: You don't have an entitlement to be here. And look, 581 00:30:34,360 --> 00:30:37,480 Speaker 4: we talked about during the Bide administration when these viciously 582 00:30:37,520 --> 00:30:41,040 Speaker 4: anti Israel, anti Semitic protests were going on, that the 583 00:30:41,040 --> 00:30:43,800 Speaker 4: Biden administration could do something about it, but they didn't 584 00:30:43,840 --> 00:30:47,400 Speaker 4: want to because Joe Biden and Kamala Harris and Chuck Schumer, 585 00:30:47,520 --> 00:30:51,440 Speaker 4: they agree with the pro Haamas protesters, they agree with 586 00:30:51,520 --> 00:30:54,160 Speaker 4: the radicals, and so you didn't see the Department of 587 00:30:54,280 --> 00:30:56,800 Speaker 4: Justice investigating them. You didn't see them following the money. 588 00:30:56,840 --> 00:31:00,360 Speaker 4: You didn't see them trying to do anything really to 589 00:31:00,720 --> 00:31:04,320 Speaker 4: protect the Jewish students on campus who were being targeted 590 00:31:04,320 --> 00:31:07,800 Speaker 4: for harassment and threats of violence. Well, you and I, 591 00:31:07,880 --> 00:31:09,960 Speaker 4: in fact, one of the very first pods we did 592 00:31:10,000 --> 00:31:12,800 Speaker 4: in the new administration, as we interviewed Pam Bondy at 593 00:31:12,840 --> 00:31:17,520 Speaker 4: SEAPAC and in that podcast with with with then Attorney 594 00:31:17,520 --> 00:31:21,480 Speaker 4: General Bondi right after she got confirmed, she made clear 595 00:31:21,560 --> 00:31:26,040 Speaker 4: then they're gonna go after these radicals. And I will 596 00:31:26,080 --> 00:31:33,400 Speaker 4: say immigration law gives considerable considerable flexibility to the administration 597 00:31:33,600 --> 00:31:39,200 Speaker 4: to decide who that is here on a permissive visa 598 00:31:39,280 --> 00:31:41,680 Speaker 4: can be sent home. And so in this case, you 599 00:31:41,720 --> 00:31:45,440 Speaker 4: had my Mood Khalil, who was a Columbia anti Israel protester, 600 00:31:46,440 --> 00:31:49,320 Speaker 4: who who the administration is in the process of deporting, 601 00:31:49,320 --> 00:31:53,200 Speaker 4: and he is challenging that in court. And an immigration 602 00:31:53,440 --> 00:31:57,840 Speaker 4: judge ruled that he can be deported due to his 603 00:31:57,920 --> 00:32:02,200 Speaker 4: involvement in last year's Rohamas protests at Columbia. And this 604 00:32:02,320 --> 00:32:07,400 Speaker 4: is a judge, Judge Jamie Corman's coman's rather uh and 605 00:32:07,400 --> 00:32:10,800 Speaker 4: and he said said the government had met its its 606 00:32:10,840 --> 00:32:11,560 Speaker 4: burden of proof. 607 00:32:12,240 --> 00:32:13,000 Speaker 3: Uh. 608 00:32:13,040 --> 00:32:16,000 Speaker 4: I think that's that's clearly right. And and the Department 609 00:32:16,040 --> 00:32:20,680 Speaker 4: of Homeland Security laid out how Khalil misrepresented himself on 610 00:32:20,720 --> 00:32:23,800 Speaker 4: his green card application, and in particular, he was not 611 00:32:24,040 --> 00:32:28,840 Speaker 4: upfront about his involvement with organizations he's involved with. He 612 00:32:28,840 --> 00:32:33,800 Speaker 4: he willfully failed to disclose his employment with the Syrian 613 00:32:33,840 --> 00:32:37,720 Speaker 4: office in the British Embassy in Beirut when he applied 614 00:32:37,720 --> 00:32:39,160 Speaker 4: for permanent US residency. 615 00:32:40,200 --> 00:32:43,920 Speaker 3: Uh. And what what. 616 00:32:43,120 --> 00:32:45,880 Speaker 4: What the federal government argued is that made him inadmissible 617 00:32:45,880 --> 00:32:49,200 Speaker 4: at the time he was given his green card because 618 00:32:49,280 --> 00:32:52,160 Speaker 4: of quote fraud or wilful misrepresentation. 619 00:32:52,720 --> 00:32:53,360 Speaker 3: Of material. 620 00:32:53,440 --> 00:32:57,840 Speaker 4: Fact, he also failed to disclose his work for UNRA. 621 00:32:58,600 --> 00:32:58,880 Speaker 1: Uh. 622 00:32:58,920 --> 00:33:00,360 Speaker 3: And and you know Une. 623 00:33:00,120 --> 00:33:03,280 Speaker 4: We've talked about before, is is the UN agency that 624 00:33:03,280 --> 00:33:05,880 Speaker 4: that has literally been in bed with a maas you 625 00:33:05,880 --> 00:33:09,280 Speaker 4: had multiple A Moss terrorists working at on rah. UNRA 626 00:33:09,440 --> 00:33:17,000 Speaker 4: has given significant material aid hamas terrorists. And and the 627 00:33:17,040 --> 00:33:21,280 Speaker 4: court ruled that that look that that is is ample 628 00:33:21,400 --> 00:33:25,320 Speaker 4: grounds to deport uh, to deport him. I think that 629 00:33:25,520 --> 00:33:31,400 Speaker 4: ruling is is clearly right. And if you looked at 630 00:33:31,520 --> 00:33:33,760 Speaker 4: at at Khalil, you looked at his writings. This is 631 00:33:33,800 --> 00:33:38,560 Speaker 4: someone who is viciously anti Israel and anti American and 632 00:33:38,600 --> 00:33:42,120 Speaker 4: in fact he's using the the deportation to just rail 633 00:33:42,200 --> 00:33:43,400 Speaker 4: against America and. 634 00:33:43,280 --> 00:33:46,400 Speaker 3: What a what a hostile UH environment it is. 635 00:33:46,480 --> 00:33:54,440 Speaker 4: And and in fact Khalil's argument, here's something he wrote, Uh, 636 00:33:54,480 --> 00:33:56,560 Speaker 4: he wrote an op ed in Columbia, you know, attacking 637 00:33:56,560 --> 00:34:00,280 Speaker 4: how dare you deport me? And and he he he 638 00:34:00,440 --> 00:34:06,600 Speaker 4: says something. He accuses the Columbia administrators of manufacturing quote 639 00:34:07,160 --> 00:34:12,800 Speaker 4: public hysteria about anti Semitism without once mentioning the tens 640 00:34:12,800 --> 00:34:17,480 Speaker 4: of thousands of Palestinians murdered under bombs made of your dollars. 641 00:34:18,040 --> 00:34:18,640 Speaker 3: So understand. 642 00:34:18,719 --> 00:34:24,279 Speaker 4: This guy's complaint is that the Columbia administrators stood too 643 00:34:24,320 --> 00:34:27,359 Speaker 4: strongly against anti Semitism. They let their entire campus get 644 00:34:27,400 --> 00:34:30,440 Speaker 4: taken over, that they let Jewish students be terrorized, they 645 00:34:30,520 --> 00:34:34,440 Speaker 4: let campus buildings be taken over. They were weak and 646 00:34:34,440 --> 00:34:37,399 Speaker 4: and effective, which is why the president of Columbia had 647 00:34:37,440 --> 00:34:39,799 Speaker 4: to step down. And yet this guy's claim is no, No, 648 00:34:40,680 --> 00:34:44,600 Speaker 4: they were too strong against anti Semitism. They should have 649 00:34:44,680 --> 00:34:48,440 Speaker 4: been effectively marching alongside me in favor of Hamas. This 650 00:34:48,560 --> 00:34:51,120 Speaker 4: ruling is clearly right. I'm glad it came down. There're 651 00:34:51,160 --> 00:34:52,640 Speaker 4: gonna be more rulings like this. 652 00:34:53,520 --> 00:34:55,000 Speaker 3: If you are here. 653 00:34:54,760 --> 00:34:56,920 Speaker 1: This will have precedent, right like this is. 654 00:34:56,880 --> 00:34:58,240 Speaker 3: Gonna be No. 655 00:34:58,880 --> 00:35:01,720 Speaker 4: This is a ruling of an immigration judge in this case, 656 00:35:02,960 --> 00:35:06,840 Speaker 4: so it doesn't resolve the issue across the country. But 657 00:35:08,360 --> 00:35:12,280 Speaker 4: the immigration law is quite clear that. Look, Khalil's case 658 00:35:12,600 --> 00:35:16,799 Speaker 4: was harder because he was a legal permanent resident. He 659 00:35:16,840 --> 00:35:19,320 Speaker 4: has a green card, and legal permanent residents have greater 660 00:35:19,400 --> 00:35:23,040 Speaker 4: legal protections than just somebody under student visa. Somebody under 661 00:35:23,040 --> 00:35:26,040 Speaker 4: a student visa, they can have their visa revoked and 662 00:35:26,560 --> 00:35:30,080 Speaker 4: sent back. It is not a high threshold to do that. 663 00:35:30,160 --> 00:35:33,480 Speaker 4: To revoke a green card is a higher threshold. And 664 00:35:33,520 --> 00:35:36,840 Speaker 4: so the ruling here as well that the Department Homeland 665 00:35:36,880 --> 00:35:40,359 Speaker 4: Security gave evidence that he had lied when getting his 666 00:35:40,400 --> 00:35:42,840 Speaker 4: green card and that was basis for deportation, and so 667 00:35:42,960 --> 00:35:45,160 Speaker 4: that I think that's the right ruling here. It's a 668 00:35:45,200 --> 00:35:48,920 Speaker 4: good ruling, and I think you're going to see. Listen, 669 00:35:49,000 --> 00:35:53,680 Speaker 4: let me say to any anti American radicals who've come 670 00:35:53,680 --> 00:35:56,280 Speaker 4: in on student visas, you are not welcome in America. 671 00:35:56,840 --> 00:36:00,600 Speaker 4: And if you are going to use our hospit hospitality 672 00:36:01,200 --> 00:36:04,839 Speaker 4: to attack and threaten and harass fellow students. If you're 673 00:36:04,880 --> 00:36:08,680 Speaker 4: going to use our hospitality to attack America, get the 674 00:36:08,680 --> 00:36:10,960 Speaker 4: hell out, and we're going to help you get the 675 00:36:10,960 --> 00:36:13,959 Speaker 4: hell out. And that is one of the best things 676 00:36:14,000 --> 00:36:15,799 Speaker 4: that Trump administration is doing right now. 677 00:36:16,000 --> 00:36:18,200 Speaker 1: Yeah, aim into that. Don't forget. We do this show 678 00:36:18,239 --> 00:36:19,880 Speaker 1: on Monday, Wednesday, and Friday. 679 00:36:19,920 --> 00:36:22,399 Speaker 2: We have a week in review on Saturdays of things 680 00:36:22,440 --> 00:36:23,799 Speaker 2: you may have missed during the week. So make sure 681 00:36:23,800 --> 00:36:27,160 Speaker 2: you get that subscriber auto download button. Share this podcast 682 00:36:27,200 --> 00:36:29,799 Speaker 2: on your social media wherever you are, because it helps 683 00:36:29,840 --> 00:36:31,480 Speaker 2: us reach more people and get the news out of 684 00:36:31,480 --> 00:36:32,920 Speaker 2: what we're talking about. In the CINAT and I will 685 00:36:32,920 --> 00:36:35,000 Speaker 2: see you back here on Wednesday morning.