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Speaker 1: Welcome to the last one hour show Today. It's gonna

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Speaker 1: be very special report on the tariff craziness. The title

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Speaker 1: for this segment is going to be Tariff's Tension and

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Speaker 1: a Nation on edge. And here to make sure that

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Speaker 1: I'm quoting the facts correctly or Sadie Sparks is there

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Speaker 1: right there ready to roll. All right, let's talk about

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Speaker 1: this thing. First of all, perspective is everything. Do you

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Speaker 1: know if you're reading what the Wall Street Journal is doing,

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Speaker 1: what the media is took us. The leftist media is

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Speaker 1: eating this up. They're looking for anything they could they

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Speaker 1: could do to gain momentum again and get rid of

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Speaker 1: Trump and kneecap them and then go into the mid

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Speaker 1: terms with some economic devastation brooding and and and take

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Speaker 1: back Congress and then pitch that sapsucker, get them out

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Speaker 1: of office and get back to business as usual with

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Speaker 1: bleeding border and a government spirallling out of control with

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Speaker 1: debt and the anarchists happy in the streets. Finally, but

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Speaker 1: that's not going to happen because here's what Trump is

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Speaker 1: doing that you're not going to hear.

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Speaker 2: Now.

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Speaker 1: I got to read to you, Reuters, this is like

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Speaker 1: the Wall Street Journal This is the voice of the

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Speaker 1: of the elites that are worried about their money. And

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Speaker 1: now I want you to think about this. The stock market.

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Speaker 1: How many of you are invested in stock market? On

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Speaker 1: many of you, a couple of you, the more sophisticated

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Speaker 1: among you have some you know you put your money,

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Speaker 1: You got some gold, you put it in some precious metals.

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Speaker 1: You've been paying attention to this stuff in the last

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Speaker 1: three years. You're also got some stock market. Maybe you're

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Speaker 1: in the big ten. You know, you got something over

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Speaker 1: there in the big tech companies, or maybe we're looking

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Speaker 1: at Tesla buying up some Tesla stocker or Amazon or

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Speaker 1: something or Apple. Then you're watching the market and you

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Speaker 1: get some jitters. But I want you to understand something.

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Speaker 1: The top ten percent of America. If we had a

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Speaker 1: graph here I was over at my infamous little glass

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Speaker 1: whiteboard over there, I'd show you that from one to

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Speaker 1: one hundred, the top ten percent have eighty percent of

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Speaker 1: the market. These are the people that have a lot

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Speaker 1: of money. And where do you put it? Well, you

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Speaker 1: have to stick it over in the market, and the

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Speaker 1: market is inflated. Nobody thinks that a stock that's selling

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Speaker 1: me You pick one of those top ten. It's two

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Speaker 1: hundred and fifty three h four and five dollars a share.

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Speaker 1: That's not really the value of that company. That's money

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Speaker 1: not knowing where to go. The printing press has been

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Speaker 1: printing trillion, two trillion three trade, flooding the zone with

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Speaker 1: monopoly money. The money goes around and they got to

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Speaker 1: park it somewhere for value, so it goes into the market.

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Speaker 1: The market gets inflated. Pay attention. The top ten percent

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Speaker 1: of the earners, the people that are the Wall Street

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Speaker 1: journal crowd, are freaking out because this is messing with

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Speaker 1: their money. Now. They made that money because when we

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Speaker 1: did like NAFTA and stupid trade deals that favored money people,

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Speaker 1: all the manufacturing got gutted. The average American living in

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Speaker 1: Middle America, the working class folks, they maybe got something

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Speaker 1: cheaper on the shelf. Well, there's a big trade off.

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Speaker 1: Lands you got China cheap products, and Wall Street made money,

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Speaker 1: and the money people made money, and you get stuff cheaper.

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Speaker 1: Everybody wins. No, you only win if your wages are

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Speaker 1: going up and buying a cheap product. But if your

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Speaker 1: wages are flatlined or not keeping up with inflation, then

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Speaker 1: your dollar is weaker, and you're buying cheap goods while

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Speaker 1: somebody else is making money. Trump is the first billionaire

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Speaker 1: who said, look, over sixty percent of Americans aren't in

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Speaker 1: the markets. Guys. They're not the ones benefiting from the

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Speaker 1: loss of manufacturing. They're the ones paying the price. I

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Speaker 1: think the stock market is a little inflated, but I'm

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Speaker 1: gonna get money back in the United States. I'm gonna

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Speaker 1: get manufacturing back. In that I said, I'm going to

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Speaker 1: create real wealth, which is real wealth, because we're gonna

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Speaker 1: be doing stuff again. We're going to be the world's

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Speaker 1: economic engine for creating stuff. And by the way, those

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Speaker 1: high tariffs, those tariffs basically which the border are a

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Speaker 1: barrier put to the US market so that we can't

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Speaker 1: sell our stuff around the world. We just consume, consume, consume. Well,

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Speaker 1: Trump says, I'm going to make it so that those

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Speaker 1: barriers go away because they're not fair. They never should

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Speaker 1: have been there. You know, when they got set up

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Speaker 1: when the United States was the world superpower coming out

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Speaker 1: of World War Two, it was understood we had the

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Speaker 1: manufacturing base. They got bombed out in London. Germany certainly

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Speaker 1: was all flattened out Japan was in a recovery. Russia

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Speaker 1: was flat lined, putting all their money into getting a

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Speaker 1: nuclear bomb. The United States was what you call is superpower.

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Speaker 1: We had the military power, we had the economic engine,

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Speaker 1: We had the Marshall Plan. We literally bankrolled the rebuilding

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Speaker 1: of Japan and Germany. Who else does that? You're defeat

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Speaker 1: an enemy normally and you take over the territory. No,

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Speaker 1: the United States didn't. We invested in rebuilding those countries

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Speaker 1: so that they could become economically viable democracies. All right,

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Speaker 1: we bring China in. China will play ball with us. Yeah,

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Speaker 1: they don't have to be an enemy. Maybe if we

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Speaker 1: introduce them to the well, the civility of democracy and

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Speaker 1: capital markets. Still get away from their communists killing people

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Speaker 1: thing and and start working with the red Well, you

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Speaker 1: know what, China do this? You now, we're going to

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Speaker 1: keep the communists takeover, you know, power political system, but

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Speaker 1: we're going to game the system so that we can

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Speaker 1: get more of your intellectual property, create markets where we're

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Speaker 1: going to be doing the manufacturing. We're going to be

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Speaker 1: building up the economy of China so that we have

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Speaker 1: a trillion dollars to play with to build our military,

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Speaker 1: and we did that for so long. Trump came along

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Speaker 1: and said, has anyone question? Remember remember when he comes

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Speaker 1: to power and the question that freaked everyone out in

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Speaker 1: twenty sixteen, why do we need NATO? Well me, why

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Speaker 1: do we need NATO? Everybody knows you need NATO. He goes,

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Speaker 1: I don't know why Russia is not the threat you

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Speaker 1: think it is all your imputance pocket, that's what you are,

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Speaker 1: because now I really don't think so. I mean, you

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Speaker 1: got France as a nuclear weapon in England, has a

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Speaker 1: nubar web in Germany. He said, what's what's what's Russia

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Speaker 1: going to do? Hold y'all hostage or a nuclear web?

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Speaker 1: I don't think so. Trump was right some of the

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Speaker 1: You see, the United States bankrolled the world in the

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Speaker 1: recovery process, and we never got to the point where

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Speaker 1: we said time out. This isn't nineteen forty six anymore.

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Speaker 1: Now we're in America's got its own fiscal house to

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Speaker 1: sit in an order. Matter of fact, we're not going

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Speaker 1: to be the world's buyer for all your consumption if

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Speaker 1: our economy goes down. We got to fix this. How

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Speaker 1: about look at those thirty percent tariffs on our industries.

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Speaker 1: That we can't get into your market, but oh, you've

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Speaker 1: got easy access. Does that's ending? Well, that's all Trump did.

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Speaker 1: He said, stop that game is done. America isn't fiscally

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Speaker 1: in the play it was before. We're in trouble. We're

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Speaker 1: thirty two trillion dollars in debt. We're now printing more

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Speaker 1: money than we're actually generating, and we cannot sustain that.

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Speaker 1: So we're got to fix this. Just bear with me.

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Speaker 1: I think what Trump is doing, and this is based

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Speaker 1: on some good feedback I've got. Trump is saying, we've

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Speaker 1: got an overinflated stock market. You got to take a

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Speaker 1: little hit there, but actually we've got to let some

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Speaker 1: of the air out of that tire. Anyway, it's about

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Speaker 1: to bust, and we're going to move that money over

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Speaker 1: to where they'll put the money over into the treasury.

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Speaker 1: The treasury means how the government has access to it

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Speaker 1: can start to lower interest rates. Now you're watching the

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Speaker 1: interest rates. Instead of spiking up, everything's kind of going down.

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Speaker 1: They're all screaming the sky's falling. Fifty countries have lined

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Speaker 1: up to negotiate with Trump, saying, oh, no, hold on now, boss,

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Speaker 1: maybe we can work a deal here. How about we

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Speaker 1: just stop doing that tariff thing on you. Oh well

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Speaker 1: that would be nice, Thank you for considering that. So

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Speaker 1: Trump is now sitting there sorting out all the opportunities

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Speaker 1: of America have to go into markets it never had.

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Speaker 1: While they recognize if he keeps the tariffs up, this

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Speaker 1: is the game. If he keeps it up in certain places,

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Speaker 1: why doesn't he just zerve it out everywhere? Free trade? No,

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Speaker 1: because our economic manufacturing base was decimated. He wants to

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Speaker 1: create an incentive. Hey, Japan, why don't you come over here?

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Speaker 1: It puts an investment in America. And so he wants

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Speaker 1: to incentivize American manufacturing coming back and working class getting

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Speaker 1: paid more. And yeah, guess what if the interest rates

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Speaker 1: can come down, if the treasury can expand a bit,

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Speaker 1: if the stock market has to give up some of

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Speaker 1: its this is so, this is the This is what

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Speaker 1: the left or is. This is the Bernie Sanders aoci.

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Speaker 1: They always want to take from the wretch and redistribute.

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Speaker 1: Trump is redistributing wealth. But he's redistributing the way so

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Speaker 1: that the whole American economy is getting stronger and the

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Speaker 1: market will come back, The stock market will come back.

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Speaker 1: But right now it's feeding a process so that wealth

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Speaker 1: can go back to the middle class in America that

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Speaker 1: never had the luxury of playing the stock market. But

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Speaker 1: they're going to get manufactured, they're going to get wage.

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Speaker 1: It's gonna take a little time. Trump says, just have

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Speaker 1: a little courage, because America's got the cards. We are

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Speaker 1: the world's consumer. Who's in a bigger position, stronger position

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Speaker 1: the buyer or the seller the buyer and so we're

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Speaker 1: the ones buying everything, so we're in the strong position. Nevertheless,

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Speaker 1: listen to the language of the screeching mamas over here

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Speaker 1: at Reuter's. Global investors have yearned for clarity over the

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Speaker 1: US President Donald Trump's terrace. Now they have it, and

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Speaker 1: I don't like what they see. As part of Liberation Day.

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Speaker 1: On April second, Trump slapped hefty tariffs on major trading partners,

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Speaker 1: plunging Marcus into turboil, just as investors passed through the

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Speaker 1: first new quarter of the earnings along with Chinese inflation data,

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Speaker 1: waiting for the rest of the world to respond. And

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Speaker 1: what are they talking about. They're talking about paniced investors

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Speaker 1: in Apple. A US list session is inevitable, jettising US

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Speaker 1: stocks in one of the most aggressive sell offs in

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Speaker 1: the past thirty years. Hunting for a safe haven. The

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Speaker 1: dollars typically been the shelter of choice, but the extent

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Speaker 1: of the fear over what damage the tariffs might do

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Speaker 1: to the US economy and the US administration increasingly isolation

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Speaker 1: as tendencies has left the dollar in the dust. Gold,

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Speaker 1: the Japanese yen, and the Swiss Frank of all sword

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Speaker 1: what I've been telling you about gold? What have I

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Speaker 1: been telling you guys about gold? Not content with turning

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Speaker 1: the world order on its head, Trump and his company

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Speaker 1: are turning markets on their head, and investors are having

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Speaker 1: to find new ways to play with the chaos. This

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Speaker 1: is what you call the investor class screeching over Trump

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Speaker 1: regaming the system so that the average American work. I mean,

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Speaker 1: he might even run in the midterms on eliminating taxes

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Speaker 1: or Social Security tax or a whole bunch of taxes

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Speaker 1: off the middle class. He could possibly do that, And

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Speaker 1: they know he could do that because this game might

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Speaker 1: work better than they thought. So tension the world on edge, Mercedes.

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Speaker 1: If we were to look at Genesis forty one, what

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Speaker 1: does Genesis forty one tell us a story of Joseph

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Speaker 1: and the global famine, and what you see there in

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Speaker 1: that story is that God raised up leadership that prepared

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Speaker 1: for the future by building the storehouses to conserve wealth,

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Speaker 1: to create wealth, to gather for the time to come.

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Speaker 1: America is in a window of grace, not judgment. What

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Speaker 1: Trump is doing is he's wrestling the bear of two

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Speaker 1: trillion dollars worth of debt down, bringing trillions of dollars

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Speaker 1: of investment into the United States, eracing trade barriers for

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Speaker 1: our country, and opening up new markets. Will it take time,

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Speaker 1: of course it is, which is why Trump's word is

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Speaker 1: have courage. The guy that fists pumped in the air

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Speaker 1: when his skull was almost shattered by a bullet is

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Speaker 1: telling the Americans just be patient, have courage. We're playing

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Speaker 1: chicken in the middle of the road, but we hold

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Speaker 1: the cards. We won't blink. And the phones are ringing

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Speaker 1: off the desk of the Treasury Department right now, fifty

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Speaker 1: countries saying can we make a deal. We'll be right back.

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Speaker 1: Welcome back to the lands Wall now show now listen.

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Speaker 1: This is why I'm telling you everyone's predicting depression collapse

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Speaker 1: and what's happening is interest rates are starting to come down.

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Speaker 1: You're starting to see the costs for buying a new home,

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Speaker 1: for buying that car, etc. Will there be some disruption

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Speaker 1: along the way. That's where Trump is saying, just have

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Speaker 1: some courage. What does what? Where is that? Do you

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Speaker 1: guys have that? I guess we have. I have image

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Speaker 1: number one, the first? Where's image number this? I'll read

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Speaker 1: it on the screen. I got image too here? Not one.

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Speaker 1: The United States has a chance to do something that

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Speaker 1: should have been done decades ago. Don't be weak, That's

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Speaker 1: what I'm saying. Don't be stupid. I love how he

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Speaker 1: says this. Don't be a Pannican a new party based

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Speaker 1: on weak and stupid people. Be strong, be correct who

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Speaker 1: said that? Joshua said it. Be strong and courageous and patient.

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Speaker 1: Greatness will be the result. Oh my god. If you

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Speaker 1: can just get the country, then I go whoa be

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Speaker 1: still hold hold hold as one boom, lock your shield.

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Speaker 1: The global economy will re orient around the United States

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Speaker 1: once again as the market starts too. Where's the money?

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Speaker 1: Where do we put it? Where do people put their money?

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Speaker 1: So what's happened in Mercedes?

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Speaker 3: Yeah, what we're talking about on the break is essentially.

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Speaker 3: Another thought that I've seen kind of out there is

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Speaker 3: that we have about nine point two trillion dollars of

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Speaker 3: maturing debt that needs to be rolled over and refinanced.

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Speaker 3: So part of the market panic. You know, when the

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Speaker 3: market starts to freak out, it goes into the ten

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Speaker 3: year treasury it's considered a safe place.

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Speaker 4: But then that ten year treasury rate.

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Speaker 3: Normally is used as a benchmark for all sorts of things,

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Speaker 3: like you're talking about more mortgage rates, student loans, auto loans,

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Speaker 3: and so that's why this may also be part of

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Speaker 3: a Trump strategic move here that as the rates go down,

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Speaker 3: that we can refinance at nine point two trillion at

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Speaker 3: a much lower rate than where it currently is. So

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Speaker 3: it's another reason he's like, you're saying, he's irritated and saying, hey,

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Speaker 3: we need to drop these rates.

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Speaker 4: It's not helping anybody.

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Speaker 1: I'm telling you, guys, if you wouldn't, this is the narrative.

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Speaker 1: This is where the alternative media has got to be there.

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Speaker 1: And Bongino isn't there because he's at the FBI and

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Speaker 1: rogan On these guys aren't sophisticated in economic analysis. They'll

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Speaker 1: have to bring a guest on to explain it. But

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Speaker 1: here's the deal. Let's go to the next Trump is

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Speaker 1: as great president. Trump is his greatest pr guide. Let's

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Speaker 1: threebody says here image three countries from all over the

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Speaker 1: world are talking to us. Tough but fair parameters are

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Speaker 1: being set. I spoke to the Japanese Prime Minister this morning.

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Speaker 1: I love this President gives you a moment by moment updates.

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Speaker 1: He's sending a top team to negotiate. They have treated

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Speaker 1: the US very poorly on trade. They don't take our cars,

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Speaker 1: but we take millions of theirs. Likewise, agriculture and many

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Speaker 1: other things, lots of products. It all has to change,

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Speaker 1: but especially with China. Ooh, he's got China in his sights,

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Speaker 1: the bear, the global dragon. Nobody wants to poke the

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Speaker 1: bear China. Well, Trump's playing chicken with China, you know,

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Speaker 1: because he believes that the American system has more resiliency

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Speaker 1: to handle the shock of what he's doing than China

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Speaker 1: can afford to risk because in their fragile economic system,

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Speaker 1: they have social upheaval, they don't have democratic pressure relief

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Speaker 1: valves are going to cover in a minute all of

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Speaker 1: our protests on the street. Trump over there. When they

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Speaker 1: go to the streets, it's revolution, and the Chinese Communist

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Speaker 1: Party cannot have the people rise up because it could

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Speaker 1: overthrow the Chinese Communist Party. So they've got more pressure

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Speaker 1: on them than Trump has on him. And he's putting

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Speaker 1: pressure on both because they have treated us very unfairly,

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Speaker 1: as Trump says, and he knows the threat that they are.

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Speaker 1: So China flexes their muscles and says, oh, no, we're

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Speaker 1: not who you think we are. We're going to meet

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Speaker 1: you with increased tariffs on everything you've got. How about

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Speaker 1: that tiger? Is it? In? Trump? I've got to read

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Speaker 1: from Townhall here. President Trump isn't backing down even after

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Speaker 1: China issued retaliatory tariffs on American products. Trump on Monday

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Speaker 1: threatened to increase the existing tariff on Chinese imports by

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Speaker 1: fifty percent if the Communist Party doesn't lift that thirty

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Speaker 1: four percent retaliatory tariff imposed on Sunday. Now, if I

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Speaker 1: understand that correctly, I see Trump wrote this. We'll get

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Speaker 1: another truth Social truth post up here. Yesterday, China issued

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Speaker 1: retaliatory tariffs of thirty four percent on top of their

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Speaker 1: already record setting tariffs non monetary tafts, illegal subsidization of

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Speaker 1: companies and massive long term currency manipulation. And Trump knows

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Speaker 1: fentinyl distribution through Mexico into the United States. He sees

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Speaker 1: what they're up to. He just doesn't throw that in there,

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Speaker 1: and it angers him. Despite my warning that any country

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Speaker 1: that retaliates against the US by issuing additional tariffs and

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Speaker 1: beyond their already existing long term tariff is an abuse

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Speaker 1: of our nation will be immediately met with new and

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Speaker 1: substantially higher tariffs over and above those initially, I'm going

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Speaker 1: to raise you and raise you again. The president basically,

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Speaker 1: it looks like he's updrawing one hundred percent said terrors,

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Speaker 1: totally irrational, one hundred one hundred percent on you, and

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Speaker 1: a hundred percent on you, and a hundred percent on

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Speaker 1: you if you don't straighten out. They are crazy right now.

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Speaker 1: But the President added, if they don't withdraw that, then

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Speaker 1: by April eighth, twenty twenty five, then I says, will

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Speaker 1: impose an additional teriff on China of fifty percent. Whoo.

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Speaker 1: He says, all talks with China concerning their requested meeting

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Speaker 1: with US are terminated. I'm not even going to talk

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Speaker 1: to you negotiate with other countries which have requested meanings

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Speaker 1: will begin taking place immediately. What in the world he's saying,

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Speaker 1: I'm not even talking to you. You got you know what,

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Speaker 1: I got other people to talk to you right now.

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Speaker 1: You're on hold. And what's he doing? He's telling China,

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Speaker 1: I'm not in the negotiating. This is pure negotiation. This

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Speaker 1: is he's basically signaling, you know, I'm a little crazy.

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Speaker 1: You know, you really can't count on what I'm going

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Speaker 1: to do. They do think he's a little crazy, which

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Speaker 1: is great. A little crazy is good for diplomacy because

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Speaker 1: they don't know what he's capable of. China's Ministry of

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Speaker 1: Finance blasted Trump's announcements, saying it doesn't comply with international

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Speaker 1: trade rolls, seriously harms China's legitimate rights and interest is

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Speaker 1: a typical act of UNI lotter All bullying. Well, Trump says,

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Speaker 1: when you drop the terriffs, we could talk. Isn't that wild?

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Speaker 1: I mean, no wonder the globe is globe. Global stock

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Speaker 1: markets fell catastrophically on Monday following Trump's terror rollout. That's

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Speaker 1: the Guardian, that's the that's the progressive English Wall Street Journal.

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Speaker 1: You know, theren't been any time, or say he's here

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Speaker 1: on the show for a reason. I'm just enjoying myself.

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Speaker 1: I I enjoy this. Where's my whistle? No, I need

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Speaker 1: my other Trump whishers, a giant I got to get

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Speaker 1: my Trump trains rolling over everybody right now. What?

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Speaker 4: Well, well, one, there's a giant whistle on the corner

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Speaker 4: of that.

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Speaker 1: Oh, but that's so, that's the one. This is like

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Speaker 1: you have to have the lungs of a Brono source.

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Speaker 4: But that sounds like a real train though.

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Speaker 3: But I was gonna say, hopefully I can remember I

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Speaker 3: point at this at this injunction.

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Speaker 4: Oh, yes, I do that.

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Speaker 3: And I'm no financial advisor, but I will say, like

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Speaker 3: on Monday, I started investing in the stock market.

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Speaker 4: I've done a lot with crypto.

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Speaker 3: I'm looking at these rates and the reality is, again

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Speaker 3: not a financial advice, but the markets are going to

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Speaker 3: fluctuate right now, and there's a window. And to go

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Speaker 3: back to your biblical analogy, it's like, if you could

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Speaker 3: prophetically discern, you know, what's happening in certain times and seasons,

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Speaker 3: you know, this is an opportunity. And I'm texting my friends,

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Speaker 3: I'm saying, hey, I mean, there's some real solid companies

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Speaker 3: out there that aren't really going to go anywhere.

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Speaker 4: They're going to take a hit right now, just.

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Speaker 3: Like we watched the cruise industry through COVID, like I

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Speaker 3: wish I would have cruise stock when no one was

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Speaker 3: cruising for two years, and now it's back up to

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Speaker 3: like a couple hundred dollars, you know for Royal Caribbean.

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Speaker 3: I just I missed a window, and so if you

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Speaker 3: can prophetically discern the window, there's opportunity here for God's people.

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Speaker 4: I think I think we have something.

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Speaker 1: Nobody I guess that's where I was going with the

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Speaker 1: Genesis thing, and I didn't. I didn't. I knew there

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Speaker 1: was something in there, but I couldn't quite get my

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Speaker 1: hands on it. This is the opportune moment, This is

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Speaker 1: the moment when this is the moment when opportunities will

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Speaker 1: be there, and and the opportunity even like for those

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Speaker 1: who have never been in the markets. Now it takes

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Speaker 1: courage and calculus. But what goes what goes down is

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Speaker 1: going is going to come back up, and you're not

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Speaker 1: going to see I remember cousin Billy telling me when

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Speaker 1: he was when he was encouraging real estate. He was

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Speaker 1: really like building a massive portfolio for Christians, teaching them

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Speaker 1: how to do this. He said, my gosh, didn't people

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Speaker 1: understand it? For like two years we had zero interest.

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Speaker 1: Do you know what you should have been doing with

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Speaker 1: zero zero interest for buying houses or property? You should

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Speaker 1: In other words, there is a window, even in real

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Speaker 1: estate that's coming. There's a window in the market. This

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Speaker 1: is like Joseph's storehouse time. I know some meean well

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Speaker 1: I don't have any money, let's but that's the point.

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Speaker 1: Trump is doing this for the middle class. He's not

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Speaker 1: doing it for the upper class, which is why Trump's

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Speaker 1: doing his billionaire thing for billionaires. Is such a lie,

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Speaker 1: so transparently stupid that it's it's like accusing Joe Lostein

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Speaker 1: of being a terrorist. It's like Trump is actually squeezing

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Speaker 1: the money to redistribute to a healthy manufacturing economy so

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Speaker 1: that everybody goes up.

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Speaker 4: But the point, I mean, there's going to be fluctuations.

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Speaker 3: That's reality that as these tears start to shake out,

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Speaker 3: as bluffs start to be called.

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Speaker 4: With a China like, what's happening.

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Speaker 3: You know, there's a lot of countries already come in

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Speaker 3: saying we'd love to do business with you, which means

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Speaker 3: more business would probably be done in that country. So

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Speaker 3: you just got to do your research, you know, look

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Speaker 3: at these different companies, look at the market.

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Speaker 1: But if for.

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Speaker 3: Those who have ears to hear, I mean, like you're saying,

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Speaker 3: there's a window and you could prophetically discern it. So

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Speaker 3: there's opportunity even in times of downturn, Like, isn't there

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Speaker 3: a phrase that's like that. It's I feel like it's crashed,

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Speaker 3: But it's like when there's blood in the streets.

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Speaker 5: That's right, you got a bub well, that's rothschild. But yeah,

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Speaker 5: so so here here's the here's the great Trump. And

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Speaker 5: when they did this retaliatory teriff on Trump, you nobody

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Speaker 5: wrote in bold letters on truth social his favorite diplomacy.

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Speaker 5: He doesn't even have an ambassador, he just has truth Social.

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Speaker 1: Here's what he wrote. China played it wrong. They panicked.

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Speaker 1: The one thing they cannot afford to do is panic

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Speaker 1: Trump is a panic attack on the Communist Party. Oil

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Speaker 1: prices are down, Trump says an image four interest rates

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Speaker 1: are down. The slow moving fed chick cup the rates

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Speaker 1: come on, come on, come on, Powell, slow moving wake up.

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Speaker 1: Food prices are down. Nobody will Washington like Trump. He's

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Speaker 1: calling Powell in the FED slow moving. There is no inflation.

428
00:24:09,560 --> 00:24:12,840
Speaker 1: Trump says, the long time abused USA is bringing in

429
00:24:12,880 --> 00:24:15,719
Speaker 1: billions of dollars a week from the abusing countries on tariff's.

430
00:24:15,720 --> 00:24:18,240
Speaker 1: In other words, Trump's moving slow because he's already collecting

431
00:24:18,280 --> 00:24:21,480
Speaker 1: billions off of his tariff deal he's got. This is

432
00:24:21,520 --> 00:24:23,959
Speaker 1: despite the fact that the biggest abuser of them all, China,

433
00:24:24,320 --> 00:24:28,240
Speaker 1: whose markets are crashing right now, just raised its tariffs

434
00:24:28,280 --> 00:24:31,280
Speaker 1: thirty four percent on top of its long term ridiculously

435
00:24:31,320 --> 00:24:36,359
Speaker 1: high terrors, plus not acknowledging my warning for abusing countries

436
00:24:36,440 --> 00:24:40,320
Speaker 1: not to retaliate. They've made enough for decades taking advantage

437
00:24:40,320 --> 00:24:42,919
Speaker 1: of the good old USA. Are past leaders that are

438
00:24:42,920 --> 00:24:45,680
Speaker 1: blamed for allowing this and so much else to happen

439
00:24:45,720 --> 00:24:51,159
Speaker 1: to our country. Bush, Clinton, Obama, Biden. Oh you know,

440
00:24:51,920 --> 00:24:54,960
Speaker 1: he's just not making friends there in the old presidential

441
00:24:54,960 --> 00:24:57,600
Speaker 1: built way, and he says We're going to make America

442
00:24:57,640 --> 00:25:11,159
Speaker 1: great again. This is the lands Well Now show, monitoring

443
00:25:11,320 --> 00:25:16,800
Speaker 1: closely as we go through the crises of the breakdown.

444
00:25:16,880 --> 00:25:20,359
Speaker 1: I want to call this segment the Great elon Trump.

445
00:25:20,400 --> 00:25:27,000
Speaker 1: Donald Trump alliance. The friendship is now undergoing a test

446
00:25:27,160 --> 00:25:32,080
Speaker 1: of biblical proportions. And when I say that, I'm thinking

447
00:25:32,119 --> 00:25:34,280
Speaker 1: of the story in the Book of Acts, chapter fifteen,

448
00:25:34,359 --> 00:25:37,960
Speaker 1: verse thirty six. Were two men that God put together

449
00:25:38,040 --> 00:25:40,600
Speaker 1: for the sake of a great work, Paul and Barnabas.

450
00:25:41,440 --> 00:25:45,560
Speaker 1: Because of the strength of these leaders' personalities, they ran

451
00:25:45,680 --> 00:25:50,159
Speaker 1: together historically for a period, and then they broke apart

452
00:25:50,280 --> 00:25:53,480
Speaker 1: because of the strength of their personalities and conflict. We

453
00:25:53,560 --> 00:26:00,280
Speaker 1: got to pray, folks, that the Trump train doesn't who's

454
00:26:00,320 --> 00:26:03,720
Speaker 1: one of its key tracks for traction. You gotta have

455
00:26:03,800 --> 00:26:06,080
Speaker 1: Elon on the train. But there's trouble in River City

456
00:26:06,119 --> 00:26:11,760
Speaker 1: because Trump's trade advisor, the imminent doctor Peter Navarro, who

457
00:26:11,800 --> 00:26:14,960
Speaker 1: many of you know from War Room. He already paid

458
00:26:14,960 --> 00:26:18,880
Speaker 1: the price of going to prison because of the Left's malice.

459
00:26:18,920 --> 00:26:22,560
Speaker 1: And now Elon, I have to say, is making the

460
00:26:22,600 --> 00:26:27,560
Speaker 1: mistake of referring to our esteem Peter as a moron, dumb,

461
00:26:27,600 --> 00:26:30,639
Speaker 1: as a sack of bricks, etc. All that kind of

462
00:26:31,520 --> 00:26:36,639
Speaker 1: unhealthy banter. And I promise you, when Bannon gets this,

463
00:26:36,760 --> 00:26:39,600
Speaker 1: as he already has, Bannon will drop the hammer, and

464
00:26:39,640 --> 00:26:41,639
Speaker 1: then the war Room posse will have it. Then I

465
00:26:41,640 --> 00:26:45,120
Speaker 1: don't want you guys having that attitude on Real America's

466
00:26:45,160 --> 00:26:48,160
Speaker 1: voice towards Elon. We need the whole team. Don't let

467
00:26:48,320 --> 00:26:53,600
Speaker 1: Barnabas and Paul break up. What's the issue here, Mercedes?

468
00:26:54,160 --> 00:26:57,600
Speaker 1: First of all, yes, is Peter Navarro dumb as a

469
00:26:57,640 --> 00:26:59,760
Speaker 1: sack of bricks? I thought the guy had an education.

470
00:27:00,480 --> 00:27:03,120
Speaker 1: If I'm not mistaken, he's doctor Peter Navarrov. So let's

471
00:27:03,119 --> 00:27:04,040
Speaker 1: deal with that right now.

472
00:27:04,119 --> 00:27:08,320
Speaker 3: Well, he received his PhD in economics from Harvard University, and.

473
00:27:08,560 --> 00:27:11,600
Speaker 1: Richelet on PhD from Harvard. As much as I have

474
00:27:11,680 --> 00:27:13,800
Speaker 1: contempt for the way these Ivy League schools become woke

475
00:27:14,560 --> 00:27:17,680
Speaker 1: back in the day when Peter went just a while ago,

476
00:27:18,040 --> 00:27:21,600
Speaker 1: it was an esteemed university. I'm talking about the Milton

477
00:27:21,640 --> 00:27:25,720
Speaker 1: Friedman era of economics. That's where this man's fine instincts

478
00:27:25,760 --> 00:27:29,560
Speaker 1: and knowledge, Mahon, and he's right online with Trump's policies.

479
00:27:30,160 --> 00:27:33,240
Speaker 1: You'd say he's educated once you he's a Harvard PhD.

480
00:27:33,359 --> 00:27:35,520
Speaker 1: Anything else. He's a active professor, isn't he.

481
00:27:35,600 --> 00:27:39,040
Speaker 3: Yeah, professor at the University of California for economics and

482
00:27:39,119 --> 00:27:42,240
Speaker 3: public Policy, so definitely accredited.

483
00:27:43,600 --> 00:27:45,960
Speaker 4: Not a moron in this case, No.

484
00:27:46,119 --> 00:27:49,920
Speaker 1: Certainly not an Elon's bright. We know Elon is are

485
00:27:50,080 --> 00:27:54,520
Speaker 1: you know Tony Stark, But they have two different You see,

486
00:27:54,560 --> 00:27:58,960
Speaker 1: what I don't think Elon appreciates is that Elons made

487
00:27:59,000 --> 00:28:03,440
Speaker 1: his billions off of innovation and knowing how to navigate

488
00:28:03,920 --> 00:28:07,399
Speaker 1: almost like almost like an architect, around any obstacle, and

489
00:28:07,400 --> 00:28:09,680
Speaker 1: then how to leverage his business so that it keeps

490
00:28:09,720 --> 00:28:15,440
Speaker 1: on multiplying. Trump is a different species of billionaire. He's

491
00:28:15,480 --> 00:28:20,320
Speaker 1: a predatory animal in the jungle of New York, and

492
00:28:20,400 --> 00:28:25,040
Speaker 1: he now is the protector of the America. It's America's

493
00:28:25,119 --> 00:28:28,200
Speaker 1: like his family, it's it's his company. And what he's

494
00:28:28,240 --> 00:28:32,400
Speaker 1: doing is he's he is using a psychological game against

495
00:28:32,400 --> 00:28:35,280
Speaker 1: the global markets. Yes, it creates ins stability, but it's

496
00:28:35,840 --> 00:28:39,680
Speaker 1: just for a moment in order to re establish American

497
00:28:39,800 --> 00:28:42,760
Speaker 1: pre eminence within these markets so that he can make

498
00:28:42,840 --> 00:28:45,200
Speaker 1: up for some of the losses that we've had historically.

499
00:28:46,160 --> 00:28:49,800
Speaker 1: And that's why, you know, Trump says that he's dropping

500
00:28:49,840 --> 00:28:52,320
Speaker 1: the science on China. He says, I'm taking them up

501
00:28:52,320 --> 00:28:54,120
Speaker 1: to one hundred percent terre as far as I'm concerned,

502
00:28:54,120 --> 00:28:56,280
Speaker 1: and I'm not even going to talk to them until

503
00:28:56,280 --> 00:28:59,720
Speaker 1: they're taking their terrace off of us. Then then I'll

504
00:28:59,800 --> 00:29:01,840
Speaker 1: dry tariffs and maybe I'll do some talking with him,

505
00:29:01,840 --> 00:29:05,040
Speaker 1: will negotiate, do a deal. But Muss says he hopes

506
00:29:05,080 --> 00:29:09,720
Speaker 1: for zero tarriffs. Yes, of course, in the ideal world.

507
00:29:10,720 --> 00:29:12,840
Speaker 1: Here's the scenario. The way I look at it, I'm

508
00:29:12,920 --> 00:29:14,960
Speaker 1: ripping you off. I'm ripping you off. I'm ripping you off,

509
00:29:15,000 --> 00:29:16,960
Speaker 1: and you say, hey, you can't do that. I'm gonna

510
00:29:17,000 --> 00:29:19,800
Speaker 1: sue you, and I go, okay, I'll stop ripping you off. Meanwhile,

511
00:29:19,800 --> 00:29:22,360
Speaker 1: how many years have I been in your pocket? Trump

512
00:29:22,440 --> 00:29:24,520
Speaker 1: wants to make up a little bit for the ripoff,

513
00:29:24,880 --> 00:29:28,680
Speaker 1: that's all. He's kind of staggering his time and response.

514
00:29:28,880 --> 00:29:31,320
Speaker 1: He wants zero trade with Europe, he said, all along,

515
00:29:31,680 --> 00:29:34,520
Speaker 1: I would rather have free trade. Elon goes right to

516
00:29:34,600 --> 00:29:39,200
Speaker 1: free trade. Trump goes, ah, I'm still upset over the

517
00:29:39,240 --> 00:29:41,760
Speaker 1: way I was abused. I take it very personally. They

518
00:29:41,800 --> 00:29:45,000
Speaker 1: took my money. I'm America, and I want to get

519
00:29:45,040 --> 00:29:49,000
Speaker 1: a little bit of I'm gonna get a little payback.

520
00:29:49,520 --> 00:29:52,720
Speaker 1: He wants some billions to coming in while he discusses

521
00:29:52,760 --> 00:29:57,760
Speaker 1: with them. A fair and reasonable individualized tariff rate for

522
00:29:57,840 --> 00:30:01,800
Speaker 1: these countries and zero tarriff is what hel wants. I

523
00:30:01,840 --> 00:30:05,960
Speaker 1: see the wisdom and drop all trade barriers China. Let's

524
00:30:06,000 --> 00:30:10,240
Speaker 1: go to zero. Huh, how's that that's better? But actually,

525
00:30:10,600 --> 00:30:14,719
Speaker 1: like I said earlier, Trump benefits by having some tariff barriers.

526
00:30:14,720 --> 00:30:17,560
Speaker 1: You know why, because it makes those other countries want

527
00:30:17,560 --> 00:30:19,440
Speaker 1: to do business here. Well, that happened. If we do

528
00:30:19,480 --> 00:30:21,120
Speaker 1: it here, Oh yeah, if you do it here, then

529
00:30:21,120 --> 00:30:25,600
Speaker 1: there's no teriffs. So he's got both cards he's playing.

530
00:30:26,360 --> 00:30:27,920
Speaker 4: I want to say one thing, is it okay?

531
00:30:28,080 --> 00:30:30,000
Speaker 1: Oh? Please do speak up? That's why you're here.

532
00:30:30,200 --> 00:30:33,320
Speaker 3: Well, I just think it speaks to just how diverse

533
00:30:33,520 --> 00:30:36,280
Speaker 3: Trump's cabinet is, and I think that it's fantastic. I

534
00:30:36,280 --> 00:30:38,560
Speaker 3: think it's great to have people with really different viewpoints.

535
00:30:38,560 --> 00:30:41,560
Speaker 3: And I'm not even saying Elon's totally disagreeing with it.

536
00:30:41,600 --> 00:30:44,320
Speaker 3: A lot of what's being portrayed, like the headline of

537
00:30:44,360 --> 00:30:47,000
Speaker 3: a CNN article I have here, is truly a moron

538
00:30:47,120 --> 00:30:49,640
Speaker 3: quote Elon Musk escalate spot.

539
00:30:49,320 --> 00:30:52,560
Speaker 4: With Trump advisor Peter Navarro over tariffs. The thing is

540
00:30:52,680 --> 00:30:54,040
Speaker 4: he called them a moron, not.

541
00:30:54,080 --> 00:30:57,000
Speaker 3: Over the tariff situation, but some of the comments that

542
00:30:57,000 --> 00:31:00,880
Speaker 3: Peter had made about Tesla. And now you know, it's

543
00:31:00,920 --> 00:31:04,640
Speaker 3: really a car assembly it's not necessarily manufacturing, and Elon

544
00:31:04,760 --> 00:31:07,680
Speaker 3: is like, wait a minute, no, actually, we are the

545
00:31:07,720 --> 00:31:12,000
Speaker 3: most vertically integrated car manufacturer in America. And so there

546
00:31:12,080 --> 00:31:14,680
Speaker 3: he's arguing about like like anybody would. It's like if

547
00:31:14,680 --> 00:31:18,400
Speaker 3: I took my life and built an entire organization, I'd say, actually, no,

548
00:31:18,440 --> 00:31:21,120
Speaker 3: you're mischaracterizing what I've taken all this time to build.

549
00:31:21,160 --> 00:31:24,280
Speaker 4: And I work so hard on so some of what's.

550
00:31:24,120 --> 00:31:27,320
Speaker 3: Being portrayed in the media isn't completely fair that, you know.

551
00:31:27,320 --> 00:31:29,400
Speaker 3: I think Elon understands we're in.

552
00:31:29,360 --> 00:31:30,840
Speaker 4: A bit of a waiting game right now.

553
00:31:30,880 --> 00:31:33,200
Speaker 3: You know, we're calling each other's bluffs like these a

554
00:31:33,200 --> 00:31:35,080
Speaker 3: lot of countries are coming hat in hand. I think

555
00:31:35,080 --> 00:31:37,000
Speaker 3: he trusts the president, but just like we saw from

556
00:31:37,080 --> 00:31:39,600
Speaker 3: Signal Gate, you know that the vice president had some

557
00:31:39,640 --> 00:31:42,240
Speaker 3: different thoughts about well, when we should be doing this strike.

558
00:31:42,520 --> 00:31:45,920
Speaker 3: I think that's admirable that we have differing viewpoints within

559
00:31:45,960 --> 00:31:48,760
Speaker 3: the administration, and Trump's role is to hear from all

560
00:31:48,840 --> 00:31:51,240
Speaker 3: sides and then make that decision as the leader.

561
00:31:51,280 --> 00:31:53,440
Speaker 4: I think that's fantastic. You don't have a bunch of

562
00:31:53,440 --> 00:31:54,720
Speaker 4: people all saying the same thing.

563
00:31:56,000 --> 00:31:59,760
Speaker 1: I personally I agree with, let's got to image six

564
00:32:00,080 --> 00:32:02,640
Speaker 1: and take a look at just to give you a

565
00:32:02,640 --> 00:32:04,760
Speaker 1: picture for those of you that are in podcast land

566
00:32:05,640 --> 00:32:08,640
Speaker 1: not seeing the lovely multicolored image that I'm looking at

567
00:32:08,640 --> 00:32:14,720
Speaker 1: the reciprocal tariffs to key countries. So China tariffs that

568
00:32:14,760 --> 00:32:18,320
Speaker 1: are charged to the United States has sixty seven percent

569
00:32:19,360 --> 00:32:23,280
Speaker 1: tariffs on the United States. The EU has thirty nine

570
00:32:23,320 --> 00:32:27,000
Speaker 1: percent tariffs against the United States. Vietnam had ninety percent

571
00:32:27,080 --> 00:32:30,560
Speaker 1: tariffs against the United States. Taiwan, I can't believe it

572
00:32:30,600 --> 00:32:33,880
Speaker 1: looks to us to protect them from China sixty four percent,

573
00:32:34,200 --> 00:32:37,080
Speaker 1: and you're going to pay while you protect us and

574
00:32:37,160 --> 00:32:41,120
Speaker 1: Japan forty six percent. And Trump said, now I'm going

575
00:32:41,160 --> 00:32:44,680
Speaker 1: to do a reciprocal and it's interesting that he went thirty.

576
00:32:44,800 --> 00:32:48,360
Speaker 1: We've got thirty four percent on China, which Trump raised

577
00:32:48,400 --> 00:32:53,000
Speaker 1: to another fifty because he got upset with them punching

578
00:32:53,080 --> 00:32:56,560
Speaker 1: back at him. Twenty percent with the EU, and the

579
00:32:56,560 --> 00:32:58,240
Speaker 1: EU says, hold on, hold on hold, how about we

580
00:32:58,280 --> 00:33:00,320
Speaker 1: dropped that thirte episodent just go to zero. Trump says, no,

581
00:33:00,360 --> 00:33:03,680
Speaker 1: I like twenty percent. Now you want to be my friend, right, Well,

582
00:33:03,720 --> 00:33:05,680
Speaker 1: twenty percent, let's do that for a year and see

583
00:33:05,920 --> 00:33:09,400
Speaker 1: maybe maybe we'll ease up in eight months. He wants

584
00:33:09,400 --> 00:33:14,120
Speaker 1: some cash flow. Vietnam forty six percent is on them

585
00:33:14,200 --> 00:33:17,440
Speaker 1: ninety percent against US, Taiwan thirty two percent of their

586
00:33:17,520 --> 00:33:20,040
Speaker 1: sixty four. But you know what they're doing. They're all

587
00:33:20,120 --> 00:33:22,680
Speaker 1: calling in. I think Taiwan is saying, let's just make

588
00:33:22,720 --> 00:33:25,120
Speaker 1: it a free trade. Why don't we Just the countries

589
00:33:25,160 --> 00:33:28,280
Speaker 1: are wanting free trade. They don't want the terriffs. Basically,

590
00:33:28,320 --> 00:33:30,000
Speaker 1: this could have been done by Biden. It could have

591
00:33:30,000 --> 00:33:33,480
Speaker 1: been done by Bush, It could have been done by Obama.

592
00:33:33,800 --> 00:33:38,240
Speaker 1: None of them have what it takes to be able

593
00:33:38,240 --> 00:33:41,680
Speaker 1: to protect the American and their and their donors. This

594
00:33:41,720 --> 00:33:45,440
Speaker 1: is why Chuck Grassley annoys me. You know Senator Grassley,

595
00:33:45,480 --> 00:33:47,440
Speaker 1: and I like Mike Davis works with jee Grassley, So

596
00:33:47,480 --> 00:33:49,000
Speaker 1: I don't want to be too hard on him because

597
00:33:49,320 --> 00:33:52,360
Speaker 1: every now and then we need him. But man, these

598
00:33:52,400 --> 00:33:57,000
Speaker 1: senators are paid by these six year term senators. Trust me.

599
00:33:57,760 --> 00:34:01,560
Speaker 1: The big money people in Walsh treating those interests are

600
00:34:01,640 --> 00:34:04,480
Speaker 1: right in the checks to their favorite Congressman, their senator

601
00:34:04,680 --> 00:34:07,360
Speaker 1: because they're the ones that are creating the favorable protected

602
00:34:07,440 --> 00:34:11,360
Speaker 1: status for their investment. So you can't trust the senators

603
00:34:11,360 --> 00:34:14,479
Speaker 1: who are saying tariffs aren't good. We were well, where

604
00:34:14,520 --> 00:34:17,799
Speaker 1: were you when the country went two trillion dollars over

605
00:34:17,840 --> 00:34:20,320
Speaker 1: in debt every year? Where were you coming up with

606
00:34:20,440 --> 00:34:23,000
Speaker 1: special We're gonna have a special session in past legislation,

607
00:34:23,440 --> 00:34:27,920
Speaker 1: dot'll block the President Trump from putting tariffs on Canada.

608
00:34:27,960 --> 00:34:32,560
Speaker 1: Blah blah blah. We see the game, and we thank

609
00:34:32,680 --> 00:34:34,759
Speaker 1: God for the leadership we've got with Trump. Right now,

610
00:34:34,920 --> 00:34:36,560
Speaker 1: let me just play go ahead and play a little video.

611
00:34:36,600 --> 00:34:38,000
Speaker 1: I had to break up the monotony here with a

612
00:34:38,000 --> 00:34:42,399
Speaker 1: little video. Seven play the the UH. European Union says, oh,

613
00:34:42,480 --> 00:34:44,920
Speaker 1: now they're willing to negotiate after what was did I

614
00:34:44,960 --> 00:34:49,239
Speaker 1: show you a minute ago thirty nine to tariffs for

615
00:34:49,320 --> 00:34:52,520
Speaker 1: like ten years? Now they're willing to talk because Trump says, yeah,

616
00:34:52,520 --> 00:34:53,360
Speaker 1: how about if I tear off you.

617
00:34:55,280 --> 00:34:58,640
Speaker 6: We stand ready to negotiate with the United States. Indeed,

618
00:34:58,719 --> 00:35:02,480
Speaker 6: we have offered ze for zero tariffs for industrial goods,

619
00:35:02,560 --> 00:35:06,040
Speaker 6: as we have successfully done with many other trading partners,

620
00:35:06,360 --> 00:35:09,560
Speaker 6: because Europe is always ready for a good deal, so

621
00:35:09,800 --> 00:35:12,320
Speaker 6: we keep it on the table. But we are also

622
00:35:12,400 --> 00:35:17,320
Speaker 6: prepared to respond through countermeasures and defend our interests.

623
00:35:17,640 --> 00:35:20,719
Speaker 1: What language is that it always sounds menacing when I

624
00:35:20,719 --> 00:35:25,120
Speaker 1: hear someone like a German a counter measures. You those

625
00:35:25,160 --> 00:35:29,440
Speaker 1: the countermeasures I'm talking about, so funny, So I don't

626
00:35:29,480 --> 00:35:32,120
Speaker 1: know what's the counter measures are, but do we will

627
00:35:32,120 --> 00:35:33,919
Speaker 1: give you tara for tariff if you want to play

628
00:35:33,920 --> 00:35:37,399
Speaker 1: that for tet and Trump goes, okay, we'll talk about it.

629
00:35:37,520 --> 00:35:40,000
Speaker 3: Well, he's deconstructing. I mean, you think of that Babo

630
00:35:40,120 --> 00:35:41,960
Speaker 3: versus you know Lance, I think it's in Jeremiah what

631
00:35:42,080 --> 00:35:45,880
Speaker 3: talks about. You know you have to tear down, destroy,

632
00:35:46,400 --> 00:35:49,840
Speaker 3: There's like four different destruction words before you can build.

633
00:35:49,640 --> 00:35:50,080
Speaker 4: And play it.

634
00:35:50,840 --> 00:35:52,719
Speaker 3: And you look at what Trump's doing and we have

635
00:35:52,920 --> 00:35:56,719
Speaker 3: just spent the last forty years, probably my entire lifetime,

636
00:35:57,480 --> 00:36:01,520
Speaker 3: building a global economy, and so now well, integral things

637
00:36:01,520 --> 00:36:03,879
Speaker 3: that we need, like medications. You remember in COVID when

638
00:36:03,880 --> 00:36:06,960
Speaker 3: we was really we were short on medications because we

639
00:36:07,040 --> 00:36:10,840
Speaker 3: import so many different things from China and other countries.

640
00:36:10,840 --> 00:36:13,200
Speaker 3: It's like certain things, and this is kind of Peter

641
00:36:13,280 --> 00:36:17,799
Speaker 3: Navarro's case, certain staple items need to be manufactured in

642
00:36:17,800 --> 00:36:18,200
Speaker 3: the States.

643
00:36:18,239 --> 00:36:20,359
Speaker 4: Also, semiconductor chips.

644
00:36:20,360 --> 00:36:22,320
Speaker 3: All of the things that power all of our phones,

645
00:36:22,360 --> 00:36:24,759
Speaker 3: our vehicles with our push button starts. Now you know

646
00:36:24,920 --> 00:36:27,120
Speaker 3: that needs to be manufactured in the States, and I

647
00:36:27,160 --> 00:36:30,040
Speaker 3: think that that is really a strong component of the

648
00:36:30,040 --> 00:36:32,440
Speaker 3: administration's long term plan over the next couple of years

649
00:36:32,480 --> 00:36:35,959
Speaker 3: is to get those type of goods here made here

650
00:36:36,280 --> 00:36:37,839
Speaker 3: and get American jobs going.

651
00:36:37,920 --> 00:36:40,160
Speaker 1: But Trump knows. And the thing is, you know what

652
00:36:40,200 --> 00:36:43,920
Speaker 1: Trump is actually thinking. He thinks if he didn't go

653
00:36:44,520 --> 00:36:48,800
Speaker 1: like with zero to zero trade, you know, drop the barrier.

654
00:36:49,280 --> 00:36:52,840
Speaker 1: He thinks he could eliminate taxes. He's actually toyed with

655
00:36:52,880 --> 00:36:56,600
Speaker 1: the idea. You know, if we collected enough tariffs, we're

656
00:36:56,640 --> 00:36:58,839
Speaker 1: doing fifty percent of the business anyway in the world,

657
00:36:58,840 --> 00:37:01,560
Speaker 1: and they're using our money. If we did this right,

658
00:37:01,800 --> 00:37:05,920
Speaker 1: I could eliminate taxes off of Americans. Like I just

659
00:37:05,960 --> 00:37:09,520
Speaker 1: don't think we have the strength. I shouldn't confess it.

660
00:37:10,000 --> 00:37:12,680
Speaker 1: But you see the protests on the streets. Trump's enemies

661
00:37:12,680 --> 00:37:17,440
Speaker 1: wanted to fail America. It just it's in a challenging moment.

662
00:37:17,560 --> 00:37:22,320
Speaker 1: Can it not blink and let America win for a change.

663
00:37:23,200 --> 00:37:37,200
Speaker 1: We'll be right back. Well, I want you to hear this.

664
00:37:37,640 --> 00:37:41,640
Speaker 1: President Macron, as one of the EU leaders, appears to

665
00:37:41,640 --> 00:37:45,560
Speaker 1: be the most eager to retaliate. He said Trump's tariffs

666
00:37:45,600 --> 00:37:49,080
Speaker 1: are brutal and unfounded. Do you know the story behind us?

667
00:37:50,480 --> 00:37:55,000
Speaker 1: They're all thumping their chests, right, but here's the reality.

668
00:37:55,440 --> 00:38:00,760
Speaker 1: When Donald Trump, the President started moving in this direction

669
00:38:01,080 --> 00:38:06,280
Speaker 1: earlier with a tariff challenge on exports of American products,

670
00:38:06,719 --> 00:38:10,640
Speaker 1: and France was actually raising the tariff on some American products.

671
00:38:11,000 --> 00:38:13,000
Speaker 1: I think it might have been whiskey or something like that.

672
00:38:13,760 --> 00:38:18,560
Speaker 1: Trump said, all right, We're putting a tariff on all

673
00:38:19,280 --> 00:38:22,480
Speaker 1: wine and champagne coming from France to the United States.

674
00:38:23,440 --> 00:38:25,560
Speaker 1: McCrone called him immediately and said, what We're going to

675
00:38:25,640 --> 00:38:27,240
Speaker 1: drop that, terrf We're not going to put any tariffs

676
00:38:27,280 --> 00:38:31,000
Speaker 1: on the United States for anything you, mister president, this

677
00:38:31,480 --> 00:38:34,520
Speaker 1: will seriously hurt our economy. We cannot afford that. And

678
00:38:34,560 --> 00:38:37,160
Speaker 1: so President, okay, I'll drop it. So I just want

679
00:38:37,200 --> 00:38:40,279
Speaker 1: you to know the background. McCrone is like, if he

680
00:38:40,400 --> 00:38:43,600
Speaker 1: is the lead dog on the attack, all Trump has

681
00:38:43,640 --> 00:38:45,880
Speaker 1: to do is say, I'm going to apply it the

682
00:38:45,960 --> 00:38:51,360
Speaker 1: French exports of wine, cheese, and champagne, which is like

683
00:38:51,440 --> 00:38:54,360
Speaker 1: seventy percent of the American as the restaurant business in

684
00:38:54,400 --> 00:38:59,360
Speaker 1: America buying French products. So let's play a real brief

685
00:38:59,400 --> 00:39:01,600
Speaker 1: This is short less than fifty four seconds, but I

686
00:39:01,680 --> 00:39:05,520
Speaker 1: wanted to hear Treasury Secretary Scott Bessen breaking down the

687
00:39:05,560 --> 00:39:08,120
Speaker 1: Trump tariff strategy with a long interview. Would Tucker, I'm

688
00:39:08,160 --> 00:39:09,480
Speaker 1: going to give you the best minute watch this.

689
00:39:10,239 --> 00:39:13,000
Speaker 7: Now. Do you think that the people who are hoping

690
00:39:13,080 --> 00:39:16,720
Speaker 7: that yesterday's move will lead to a demonstrably brighter future

691
00:39:16,719 --> 00:39:19,560
Speaker 7: within four years? Is it your since your prediction that

692
00:39:19,640 --> 00:39:21,920
Speaker 7: with you know within four years, will say, actually, that

693
00:39:22,000 --> 00:39:22,520
Speaker 7: kind of worked.

694
00:39:22,680 --> 00:39:26,719
Speaker 8: I believe that it's going to work, and I know

695
00:39:26,800 --> 00:39:29,680
Speaker 8: that what we were doing wasn't working. Yes, so I

696
00:39:29,719 --> 00:39:33,120
Speaker 8: think we have to try this, and I have a

697
00:39:33,239 --> 00:39:36,720
Speaker 8: high confidence ratio it's going to work. I'm not happy

698
00:39:36,840 --> 00:39:39,400
Speaker 8: with what's going on in the market today, but the

699
00:39:39,440 --> 00:39:43,440
Speaker 8: distribution of equities across households. The top ten percent of

700
00:39:43,480 --> 00:39:47,320
Speaker 8: Americans own eighty eight percent of equities, eighty eight percent

701
00:39:47,320 --> 00:39:50,800
Speaker 8: of the stop market. The next forty percent owns twelve

702
00:39:50,800 --> 00:39:54,000
Speaker 8: percent of the stop market. The bottom fifty has debt,

703
00:39:54,160 --> 00:39:57,239
Speaker 8: they have credit card bills, they rent their homes, they

704
00:39:57,239 --> 00:40:01,279
Speaker 8: have auto loans, and we've got to give them some relief.

705
00:40:01,280 --> 00:40:02,359
Speaker 1: That's the message right there.

706
00:40:02,560 --> 00:40:04,560
Speaker 7: Just as a bystander, I'm like, wow, Okay.

707
00:40:05,520 --> 00:40:11,400
Speaker 1: What's the message. Ten percent of the screaming memis here

708
00:40:11,560 --> 00:40:15,320
Speaker 1: that are complaining own eighty eight percent of the stock market,

709
00:40:16,320 --> 00:40:19,839
Speaker 1: twelve percent under them. A top ten percent own eighty

710
00:40:19,840 --> 00:40:22,200
Speaker 1: eight percent underneath them. In terms of wealth and income,

711
00:40:22,200 --> 00:40:27,320
Speaker 1: they own forty percent. So the bottom half of the

712
00:40:27,400 --> 00:40:30,359
Speaker 1: United States doesn't really have anything there. They're struggling from

713
00:40:30,440 --> 00:40:33,800
Speaker 1: day to day. Trump is doing something for the bottom

714
00:40:33,880 --> 00:40:37,880
Speaker 1: half that nobody ever did. That's the amazing thing. Is

715
00:40:37,920 --> 00:40:40,960
Speaker 1: Trump really aware of what's happening to the stock market

716
00:40:40,960 --> 00:40:43,879
Speaker 1: with his tariff strategy. I'll play video eight real quick.

717
00:40:43,920 --> 00:40:44,640
Speaker 1: I got to see this.

718
00:40:46,360 --> 00:40:50,080
Speaker 7: A spoonful of tariffs makes the stock market go down.

719
00:40:50,480 --> 00:40:54,320
Speaker 1: To stock market go down, the stock market go down.

720
00:40:54,600 --> 00:40:58,320
Speaker 1: A spoonful of tariffs makes the stock market go down

721
00:40:59,040 --> 00:41:05,160
Speaker 1: in the most old way. Gosh, I actually thought there

722
00:41:05,200 --> 00:41:08,399
Speaker 1: was one quote, but I'm glad it was whoever put

723
00:41:08,440 --> 00:41:13,399
Speaker 1: that together. Anyway, Trump knows exactly what's happening. For those

724
00:41:13,440 --> 00:41:15,680
Speaker 1: of you, by the way, that are listening, that was

725
00:41:15,719 --> 00:41:18,600
Speaker 1: a montage of clips that wasn't actually a meeting Trump did.

726
00:41:19,680 --> 00:41:22,319
Speaker 1: You might not know that unless you're watching it. All right,

727
00:41:22,400 --> 00:41:24,720
Speaker 1: So do you have any are we are we complete

728
00:41:24,760 --> 00:41:26,719
Speaker 1: on this subject? You guys? It's going to be all week,

729
00:41:27,400 --> 00:41:30,600
Speaker 1: So hold tight, anything else you want to add before

730
00:41:30,640 --> 00:41:31,719
Speaker 1: I switch subjects.

731
00:41:32,200 --> 00:41:33,680
Speaker 3: I think the team was going to try to find

732
00:41:33,680 --> 00:41:36,719
Speaker 3: a video that kind of explains like some of the

733
00:41:36,800 --> 00:41:38,880
Speaker 3: randomness is, like why is it that rate? Why is

734
00:41:38,920 --> 00:41:41,520
Speaker 3: it forty six? Why is it you know, thirty two?

735
00:41:41,800 --> 00:41:44,359
Speaker 3: And so we were talking on the break to see

736
00:41:44,360 --> 00:41:46,080
Speaker 3: if we could find a clip. I don't know if

737
00:41:46,080 --> 00:41:48,160
Speaker 3: they have one ready, but maybe they could just let

738
00:41:48,239 --> 00:41:51,040
Speaker 3: me know when. But it's actually really informative because it

739
00:41:51,120 --> 00:41:52,080
Speaker 3: helped educate me.

740
00:41:52,560 --> 00:41:55,440
Speaker 9: This is the formula Donald Trump used to calculate his tariffs.

741
00:41:55,560 --> 00:41:59,040
Speaker 9: Let's break it down. It's based primarily on existing trade balances.

742
00:41:59,200 --> 00:42:01,800
Speaker 9: To the announcement made, it wasn't clear how those levees

743
00:42:01,800 --> 00:42:04,279
Speaker 9: would be calculated. Now we have the formula used by

744
00:42:04,320 --> 00:42:06,799
Speaker 9: Trump's team to work out who's going to pay what.

745
00:42:07,280 --> 00:42:10,280
Speaker 9: It divides a country's total trade surplus with the US

746
00:42:10,440 --> 00:42:13,440
Speaker 9: by its total exports based on data from the US

747
00:42:13,480 --> 00:42:16,000
Speaker 9: Census Bureau for twenty twenty four, and then that number

748
00:42:16,080 --> 00:42:19,280
Speaker 9: was divided by two, producing the discounted rate. Take China,

749
00:42:19,320 --> 00:42:21,760
Speaker 9: for example, they had a trade surplus of two hundred

750
00:42:21,760 --> 00:42:24,359
Speaker 9: and ninety five billion dollars. With the US last year

751
00:42:24,440 --> 00:42:27,480
Speaker 9: on total exports of four hundred and thirty eight billion dollars,

752
00:42:27,560 --> 00:42:30,640
Speaker 9: a ratio of sixty eight percent divided by two according

753
00:42:30,680 --> 00:42:34,240
Speaker 9: to Trump's formula, that yielded tariff rate of thirty four percent.

754
00:42:34,440 --> 00:42:37,879
Speaker 9: The same calculation roughly produced the rates for other economies

755
00:42:37,960 --> 00:42:41,680
Speaker 9: like Japan, South Korea, and the European Union. Even countries

756
00:42:41,719 --> 00:42:44,520
Speaker 9: where imports and exports are more in balance, like the UK,

757
00:42:44,800 --> 00:42:47,480
Speaker 9: were hit with a ten percent levee by the Trump administration.

758
00:42:47,680 --> 00:42:51,640
Speaker 9: The choice facing countries now retaliate and risk further escalation

759
00:42:51,760 --> 00:42:54,839
Speaker 9: from the US, or play the long game, hoping terror

760
00:42:54,880 --> 00:42:57,560
Speaker 9: relief could come through negotiations down the line.

761
00:42:58,000 --> 00:43:01,400
Speaker 1: Well, now explain to what you heard their Mercedes.

762
00:43:00,920 --> 00:43:03,319
Speaker 3: Well, it's a whole equation that they basically take the

763
00:43:03,360 --> 00:43:07,120
Speaker 3: surplus and they divide it by I think what they export,

764
00:43:07,160 --> 00:43:09,160
Speaker 3: and then they divide that by two. And it was

765
00:43:09,200 --> 00:43:11,080
Speaker 3: just I just thought it was informative that I'm looking

766
00:43:11,080 --> 00:43:13,279
Speaker 3: at it. I'm looking at the giant chart he's holding.

767
00:43:13,360 --> 00:43:15,279
Speaker 3: You're like, where did that number come from? So it

768
00:43:15,360 --> 00:43:17,640
Speaker 3: was just supposed to be an explanation, but it was

769
00:43:17,680 --> 00:43:18,680
Speaker 3: a little cerebral.

770
00:43:18,840 --> 00:43:25,600
Speaker 1: I want to cover this major win Remember that nutty judge,

771
00:43:25,640 --> 00:43:28,799
Speaker 1: District judge that issued in order that Donald Trump has

772
00:43:28,840 --> 00:43:32,000
Speaker 1: to turn that plane around and bring those criminals back

773
00:43:32,040 --> 00:43:34,560
Speaker 1: here so that I'll be the one to determine what

774
00:43:34,600 --> 00:43:36,680
Speaker 1: you do as president. You don't have that freedom. And

775
00:43:36,719 --> 00:43:41,040
Speaker 1: how dare you? How dare you disobey the order of

776
00:43:41,080 --> 00:43:44,200
Speaker 1: this judge in DC, who was part of the machinery

777
00:43:44,239 --> 00:43:47,000
Speaker 1: that is empowered by the left to stop your agenda?

778
00:43:47,640 --> 00:43:50,640
Speaker 1: And well, Trump, it went to the Supreme Court pretty fast.

779
00:43:51,560 --> 00:43:54,760
Speaker 1: Now I'm going to say the quiet part who voted

780
00:43:54,920 --> 00:44:01,240
Speaker 1: against Trump deporting criminals getting them out of the country,

781
00:44:02,360 --> 00:44:07,120
Speaker 1: any Coney Barrett? And remember that look she had that

782
00:44:07,239 --> 00:44:09,359
Speaker 1: Oh if we could find that look, that gaze of

783
00:44:09,400 --> 00:44:14,600
Speaker 1: contempt and malice barely constrained no longer availed just staring

784
00:44:14,640 --> 00:44:16,960
Speaker 1: at him as he was completing the state of the

785
00:44:17,000 --> 00:44:21,400
Speaker 1: Inner Dress. I knew then we don't have a friend

786
00:44:21,480 --> 00:44:23,600
Speaker 1: up there. You think that the Supreme Court has a

787
00:44:23,600 --> 00:44:28,520
Speaker 1: conservative majority, Well, let'll tell you what's the matter. Why

788
00:44:28,520 --> 00:44:29,640
Speaker 1: are you holding your mouth like that?

789
00:44:29,760 --> 00:44:32,320
Speaker 4: No, I just think how you recount things are so funny.

790
00:44:32,400 --> 00:44:35,520
Speaker 3: One, when the justices are there, they're not allowed to

791
00:44:35,560 --> 00:44:38,120
Speaker 3: have any type of facial expressions. They're not allowed to applaud,

792
00:44:38,280 --> 00:44:41,280
Speaker 3: they're not allowed to thumbs up, smile. So I'm just saying,

793
00:44:41,520 --> 00:44:43,440
Speaker 3: but you like read this whole. I just thought it

794
00:44:43,480 --> 00:44:44,680
Speaker 3: was fascinating, Like I.

795
00:44:44,640 --> 00:44:47,120
Speaker 1: Was right, look of them, I could come on you

796
00:44:47,200 --> 00:44:49,239
Speaker 1: people comment did you see the look? Did you see

797
00:44:49,280 --> 00:44:52,759
Speaker 1: the gaze, that glare, the glare that could not be

798
00:44:53,120 --> 00:44:55,920
Speaker 1: it was even suppressed. It was Oh they got a

799
00:44:55,920 --> 00:44:59,440
Speaker 1: photo of it. Wow, a hostile look. Assuming on that.

800
00:45:00,360 --> 00:45:02,560
Speaker 1: I want to do official recognition. I never see that movie.

801
00:45:02,600 --> 00:45:06,040
Speaker 1: Lie to me. Oh yeah, She's like, yeah, you you,

802
00:45:06,280 --> 00:45:07,800
Speaker 1: I'll deal. We look at Cavin. I was kind of

803
00:45:07,800 --> 00:45:09,320
Speaker 1: like trying to suppress a smile. He wants to do it,

804
00:45:09,320 --> 00:45:10,920
Speaker 1: he wants to do a high five. He can't do it.

805
00:45:11,239 --> 00:45:15,279
Speaker 1: But oh no, She's like, oh yeah, I don't know.

806
00:45:15,440 --> 00:45:18,800
Speaker 1: Oh yeah, let's watch the video clip. I know the

807
00:45:18,840 --> 00:45:21,759
Speaker 1: people are on my side on this one, the people's court.

808
00:45:22,120 --> 00:45:24,000
Speaker 3: Well, you know, she's done a lot of good things too,

809
00:45:24,760 --> 00:45:26,520
Speaker 3: and maybe it's just how I am, but I'm like.

810
00:45:26,480 --> 00:45:28,880
Speaker 4: We did overturn Roby Wade. She has voted the right

811
00:45:28,920 --> 00:45:29,800
Speaker 4: way a lot of times.

812
00:45:29,840 --> 00:45:31,800
Speaker 1: You know, know what happens whenning up to DC people,

813
00:45:31,840 --> 00:45:34,080
Speaker 1: It starts to wear you down, kind of like the

814
00:45:34,120 --> 00:45:36,279
Speaker 1: power of the Ring at Mordor for you know what,

815
00:45:36,320 --> 00:45:40,439
Speaker 1: you're bowing to the dark side. All right, I guess

816
00:45:40,440 --> 00:45:44,120
Speaker 1: I'm confusing metaphors. That's a that's a Star Wars plus Tolkien.

817
00:45:45,040 --> 00:45:48,080
Speaker 1: Pull up. Okay, my son, says Poup. Now on to

818
00:45:48,200 --> 00:45:51,120
Speaker 1: other news. Trump scores a major victory. Now for a

819
00:45:51,200 --> 00:45:54,000
Speaker 1: more well, I like the way that Stephen Miller announces

820
00:45:54,040 --> 00:45:59,920
Speaker 1: Trump's Stephen is a He's an articulate lawyer, who is

821
00:46:00,120 --> 00:46:02,720
Speaker 1: who is now going to explain to us in ways

822
00:46:02,760 --> 00:46:05,480
Speaker 1: we can understand what happened on the Supreme Court. Please

823
00:46:05,719 --> 00:46:06,920
Speaker 1: plague at sixteen.

824
00:46:07,520 --> 00:46:11,799
Speaker 2: This was a huge, I mean a monumental victory for

825
00:46:11,960 --> 00:46:14,040
Speaker 2: President Trump, the biggest legal win of.

826
00:46:14,040 --> 00:46:15,600
Speaker 1: This administration so far.

827
00:46:16,320 --> 00:46:21,000
Speaker 2: A total embarrassment for crazy Judge Bosburg, who's been trying

828
00:46:21,000 --> 00:46:24,800
Speaker 2: to force this president to bring foreign alien terrists back

829
00:46:24,920 --> 00:46:28,439
Speaker 2: onto American soil, trying to turn our planes around, trying

830
00:46:28,480 --> 00:46:30,840
Speaker 2: to empty prisons in foreign countries and bring them.

831
00:46:30,719 --> 00:46:32,320
Speaker 1: Back to our soil.

832
00:46:33,040 --> 00:46:37,120
Speaker 2: This is a monumental, colossal victory for the rule of law,

833
00:46:37,200 --> 00:46:41,239
Speaker 2: for the Constitution, for our founding generation. John Adams, who

834
00:46:41,280 --> 00:46:45,000
Speaker 2: signed this law into effect, in seventeen ninety eight, and

835
00:46:45,080 --> 00:46:48,280
Speaker 2: for President Trump in fulfilling his mandate and campaign pledge.

836
00:46:48,400 --> 00:46:50,800
Speaker 2: What does this mean for you and your family watching

837
00:46:50,800 --> 00:46:56,680
Speaker 2: at home tonight. It means that the Department of Justice, FBIDAATF,

838
00:46:56,840 --> 00:47:00,680
Speaker 2: the US Marshall Service, Customs and Border Protection Order Patrol,

839
00:47:00,840 --> 00:47:05,920
Speaker 2: and Immigrations and Customs Enforcement now have maximum authority to

840
00:47:06,120 --> 00:47:09,880
Speaker 2: find and remove illegal alien gay members from Venezuela that

841
00:47:09,920 --> 00:47:13,960
Speaker 2: have been responsible for so much misery in this country.

842
00:47:14,120 --> 00:47:17,320
Speaker 2: For the torture and murder of Joscelyn Hungary, for the

843
00:47:17,360 --> 00:47:21,600
Speaker 2: brutal slaying of Lake and O'Reilly. Those monsters can now

844
00:47:22,040 --> 00:47:26,520
Speaker 2: be hunted down and expelled from this country with speed, force,

845
00:47:26,600 --> 00:47:29,080
Speaker 2: and efficiency. This is a great day for America.

846
00:47:29,080 --> 00:47:32,200
Speaker 1: Sean, you see why I like Stephen Miller because he's

847
00:47:32,200 --> 00:47:35,000
Speaker 1: one of Trump's speech writers, but he's an attorney and

848
00:47:35,040 --> 00:47:37,719
Speaker 1: he's a head of policy. I think in the White House,

849
00:47:37,760 --> 00:47:43,120
Speaker 1: what a great team we have together. They stress the system,

850
00:47:43,280 --> 00:47:46,279
Speaker 1: they stretch the system, but they stay within the rule

851
00:47:46,320 --> 00:47:48,480
Speaker 1: of law. And it's the kind of leadership team that

852
00:47:48,480 --> 00:47:51,320
Speaker 1: we need. And I'm I'm delighted