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Speaker 1: Good evening, America, and welcome to this just the News

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Speaker 1: Rail America's Voice special report Securing a More Fair Future

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Speaker 1: on Trade.

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Speaker 2: It sounds good, right.

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Speaker 1: We want to thank our partners at AMAC Association of

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Speaker 1: Mature American Citizens for joining us in this conversation. All

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Speaker 1: throughout tonight's show, we'll be taking a deep dive into

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Speaker 1: President Trump's tariff policies if they can be successful in

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Speaker 1: bringing back manufacturing to America, decoupling from the Chinese economy,

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Speaker 1: and creating fair trade around the globe, which means more jobs.

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Speaker 2: And more economic growth in America.

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Speaker 1: President Trump's deal making ability has and will be put

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Speaker 1: to the test. This is a big mission, right but

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Speaker 1: according to the White House, countries are lining up for

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Speaker 1: meetings with the administration the hammer new trade deals that

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Speaker 1: work for everyone, and we will talk about that all

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Speaker 1: throughout the hour with a great lineup of guests we

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Speaker 1: haven't included for you, including Missouri Congressman Eric Berlison, who'll

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Speaker 1: be breaking down what Congress can do to support President

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Speaker 1: Trump's agenda a free and fair trade around the globe.

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Speaker 1: We also have Steven Moore here, the great economists who

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Speaker 1: literally wrote the book on President Trump's economic policy. He'll

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Speaker 1: explain what the goal of the President's tariff's policy is

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Speaker 1: and how he can use them effectively in trade negotiations.

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Speaker 1: We'll also speak to China expert Gordon Chang. He is

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Speaker 1: absolutely the best on this issue, and he'll tell us

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Speaker 1: about what President Trump's tariffs on Chinese goods actually means

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Speaker 1: for their economy, something that doesn't get mentioned in the media.

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Speaker 1: The CCP might be talking very tough right now, but

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Speaker 1: they are only doing that to mask the pain of

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Speaker 1: what terrorists are causing on their side. I think it's

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Speaker 1: what a lot of our intelligence experts believe. And finally,

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Speaker 1: we'll have a candidate for governor of Maine and a

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Speaker 1: former Assistant Secretary of State as well as AMAX national spokesman.

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Speaker 2: He's my good friend, Bobby Charles.

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Speaker 1: He'll be here to break down how the state craft

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Speaker 1: of these tariffs actually work and how America can bring

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Speaker 1: even more nations to the table on free and fair trade.

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Speaker 1: But before we get to all that, I want to

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Speaker 1: bring in my co host for the evening. Usually we

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Speaker 1: have a Max CEO, Rebecca Weber here with us, but

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Speaker 1: she's on the road, and tonight we're lucky to be

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Speaker 1: joined by another very special guest, Senior Vice President AMAC,

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Speaker 1: Charles Stucklan. Charles, good to have you on.

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Speaker 3: Great to be on, John, Thank you so much, and

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Speaker 3: good evening everyone. I'm Charles Stucklin. I'm honored to join

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Speaker 3: tonight's special edition as your voice from AMAC, where we

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Speaker 3: don't just talk about America's future, we fight for it

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Speaker 3: every day. To our AMAC members watching, thank you so much.

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Speaker 3: You've carried this country on your back. You've worked the jobs,

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Speaker 3: you've paid the taxes, you've raised the families, and you've

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Speaker 3: built the communities that made America strong. Now you're watching

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Speaker 3: some of that hard work get chipped away by cheap imports,

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Speaker 3: disappearing jobs, and global policies that never seem to put

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Speaker 3: Americans first. So tonight we're having a conversation about tariffs,

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Speaker 3: but really it's about fairness. It's about the cost of

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Speaker 3: letting other nations play by their rules while Americans hey

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Speaker 3: the price. It's really about restoring the balance and bringing

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Speaker 3: back something that's been missing, respect for American work, American products,

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Speaker 3: and American sovereignty. And for those of you who aren't members,

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Speaker 3: if you're tired of being talked over overlooked or forgotten.

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Speaker 3: We hope you'll join us because at AMAC your voice

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Speaker 3: isn't just heard, it shapes what we do. So thank

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Speaker 3: you so much for having me tonight, John, looking forward

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Speaker 3: to the conversation.

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Speaker 2: Yeah, child's going to be a blast. This is such

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Speaker 2: a great conversation.

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Speaker 1: And AMAC has been on the forefront of this debate

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Speaker 1: long before it was in the news. They'd been pushing

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Speaker 1: for fair and free trade, something the word fair wasn't

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Speaker 1: in the last thirty years of American policy.

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Speaker 2: We're finally getting in tonight.

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Speaker 1: We're going to dive in right away from a member

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Speaker 1: of Congress who's on top of this issue and trying

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Speaker 1: to back up the President in the halls of Congress.

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Speaker 1: All right, joining us now, man on the front lines

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Speaker 1: of the tariff debates in Congress, Congressman Eric Burlson, from

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Speaker 1: the great state there, Congress, And good to have you back.

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Speaker 2: On the show. Good to be back, John. So I

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Speaker 2: want to.

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Speaker 1: Turn to tariffs and all the debates that we have

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Speaker 1: about them. But just a little breaking news today. President

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Speaker 1: Trump is putting into action new orders that will require

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Speaker 1: ActBlue to be investigated and for the government to develop

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Speaker 1: a whole of government approach to make sure that foreign

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Speaker 1: money doesn't seep in through online fundraising. You've been on

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Speaker 1: this for a long time. You know what the concerns are.

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Speaker 1: Your reaction to the fact that President Trump the Justice

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Speaker 1: Department are on the case.

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Speaker 4: Now, Yeah, something has to be done. I mean, look,

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Speaker 4: the amount of money that was that was the velocity

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Speaker 4: of money that was flowing in, and the fact that

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Speaker 4: I don't know if you saw the study that James

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Speaker 4: O'Keefe did where he went door to door and knocked

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Speaker 4: on the doors of people that have that from one

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Speaker 4: address have made you know, hundreds of thousands of dollars

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Speaker 4: in campaign contributions over over five thousand different individual contributions,

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Speaker 4: all attributed to one person at one address, and most

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Speaker 4: of the homes are people that clearly do not have

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Speaker 4: the funds to do that, and he again and again

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Speaker 4: would knock on those doors. So, look, those are anecdotal scenarios,

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Speaker 4: but something is wrong here, and so for there's smoke,

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Speaker 4: there's probably fire.

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Speaker 3: Yeah, good point, A great point. Anecdotally is one thing,

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Speaker 3: but when you have sort of a coordinated situation of

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Speaker 3: thousands and tens of thousands of micro transactions, it leads

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Speaker 3: you to believe there's some sort of coordination there. So

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Speaker 3: we appreciate that. But getting back to the tariffs, Congressman,

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Speaker 3: so we have twelve states that are now suing to

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Speaker 3: stop some of these tariffs. How should Congress respond when

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Speaker 3: state level actors challenge federal trade policy, especially when the

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Speaker 3: aim is to revive American manufacturing.

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Speaker 4: Yeah, this is one of the I try to like

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Speaker 4: take a step back and think if if the shoes

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Speaker 4: were on the other feet, what would I do. I know,

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Speaker 4: if Joe Biden, if I was a state lawmaker and

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Speaker 4: Joe Biden had tried to do this, I would while

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Speaker 4: I may not agree with whatever he was doing, I

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Speaker 4: probably I would say he constitutionally has the authority. I mean,

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Speaker 4: I don't see what kind of grounds that they're making

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Speaker 4: when at the end of the day, this is clearly

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Speaker 4: in the purview of the federal government. And look, my

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Speaker 4: view on tariffs in general is that we want I

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Speaker 4: want tariffs and taxes to be as low as possible.

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Speaker 4: But I also think that the fact that we've had

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Speaker 4: an imbalance for decades is something that we need to address.

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Speaker 4: And I'm glad that Trump is trying to do something

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Speaker 4: that has not been done by previous presidents trying to

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Speaker 4: bring these other countries to the table and in some

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Speaker 4: of these trade imbalances that have been happening since World

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Speaker 4: War Two.

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Speaker 3: Yes, definitely since World War Two. It's somewhat analogous. After

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Speaker 3: World War Two you had the reinvestment into places like Japan,

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Speaker 3: for example, auto manufacturers, places like Toyota, and then in

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Speaker 3: the eighties you saw similar style traffs from Reagan protecting

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Speaker 3: American workers. So it's really not the first time, it's

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Speaker 3: just the most excessive we've ever seen in history. Can

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Speaker 3: you speak, you know, when it comes to AMC members

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Speaker 3: are aging demographic, specifically constituents in Missouri. Can you talk

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Speaker 3: about the ag sector, the manufacturing sector, and getting away

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Speaker 3: from the tariff discussion, how hard have they been hit

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Speaker 3: from let's just say, not losing our middle class but

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Speaker 3: exporting our middle class overseas.

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Speaker 4: Yeah, that's a good question. I mean, look, unfortunately, the

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Speaker 4: way sold security is funded and the way that the

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Speaker 4: United States is working our economy is really dependent upon

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Speaker 4: upon a growing class of workers, and we have a

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Speaker 4: diminishing size in the workforce. You know, people are not

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Speaker 4: having children like they used to and so we definitely

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Speaker 4: want to We want more people in the labor pool.

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Speaker 4: We want to be a growing economy, and we need

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Speaker 4: those people to be able to support people that are retiring.

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Speaker 4: And so this is why so security is estimated to

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Speaker 4: go defunct in the next nine to eleven years. We

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Speaker 4: need to really figure out. This is a big question

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Speaker 4: that Congress needs to address. And at the end of

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Speaker 4: the day, we need to bring jobs into the United States.

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Speaker 4: How we fill those jobs. What level of immigration, legal

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Speaker 4: immigration that we do is another question.

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Speaker 1: Yeah, those are all big ones and things that Congress

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Speaker 1: can play a role on. What are the sentiments there

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Speaker 1: in Congress to help the president get through this period

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Speaker 1: and get to success and got ninety countries lined up

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Speaker 1: to make deals. China's playing pats or playing fancy behind

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Speaker 1: the scene with some negotiations. What can Congress do to

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Speaker 1: make this story a success story when it's all over.

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Speaker 4: I think we're One of the things that we can

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Speaker 4: do is first just give the president the space to negotiate.

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Speaker 4: Give him that flexibility. I think he's earned it. I mean, look,

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Speaker 4: the gentleman, the guy took a bullet to the head

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Speaker 4: for this country. Let's give him the grace to carry

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Speaker 4: through on the things that he actually campaigned on and

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Speaker 4: the voters knew when they went to the polls to

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Speaker 4: vote for him. So let's give him that space. And

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Speaker 4: then also, I think we need to back him up

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Speaker 4: when it comes to this reconciliation package the President wants

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Speaker 4: to have. He wants to check a lot of boxes,

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Speaker 4: and I think that they're achievable if we cut spending.

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Speaker 4: So he wants to move towards a balanced budget, he

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Speaker 4: wants to reduce interest rates, he wants to reduce inflation.

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Speaker 4: All of that can be done, and we can pay

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Speaker 4: for the Trump tax cuts and make them permanent if

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Speaker 4: we can find the spending cuts that we need to find.

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Speaker 4: And Congress needs to do the difficult work of identifying

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Speaker 4: and cutting spending, just like Elon Musk and Doe's has

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Speaker 4: been doing.

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Speaker 3: Important absolutely, And when it comes to the comparison between

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Speaker 3: cutting the spending and the cottnment spending, I mean, that's

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Speaker 3: obviously the most important thing, right we can It's it's

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Speaker 3: been said that sort of what dog has found so

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Speaker 3: far as a drop it dropping the bucket on the overspending.

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Speaker 3: What's your take on the status of what's been sound

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Speaker 3: found so far, And are you optimistic that they're really

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Speaker 3: going to have a huge effect on the you know,

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Speaker 3: the government waste, the government fraud.

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Speaker 2: Yeah.

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Speaker 4: I think that this is a question not about Elon.

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Speaker 4: I think it's a question of the willingness of the

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Speaker 4: other members of the cabinet to really put lean in

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Speaker 4: on their agencies and get them to cooperate.

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Speaker 5: And this is there.

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Speaker 4: I mean, what we're requesting is a sea change sometimes

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Speaker 4: in work policy and workflow. So I certainly think that

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Speaker 4: we there could be more done, but I don't want

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Speaker 4: to criticize the executive rates. They're doing a heck of

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Speaker 4: a lot more than Congress is doing. So we've got

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Speaker 4: to step up. And I think that one of the

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Speaker 4: ways that we can step up is to cut mandatory spending.

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Speaker 5: In this reconciliation package.

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Speaker 4: That means finding savings waste from abuse and medicaid. That

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Speaker 4: means eliminating the green new scam tax credits. Savings that

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Speaker 4: if we could identify, I think we could I do.

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Speaker 4: Jodi Arrington thinks has done the work. We could probably

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Speaker 4: identify five trillion or more in tax and I'm sorry,

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Speaker 4: in savings over the next ten years. But look, we're

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Speaker 4: not even I think the modest version of that is

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Speaker 4: a two trillion dollar savings over the next ten years.

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Speaker 4: If we can do that, it will. It will when

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Speaker 4: Congress reduce the spending, it will do a number of things.

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Speaker 4: It will drive down inflation, because inflation is when the

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Speaker 4: government spends more than it brings in. So it will

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Speaker 4: bring down inflation if we can. And it will also

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Speaker 4: reduce interest rates on the market, because when we're spending

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Speaker 4: more and we're taking out more debt, we're out there

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Speaker 4: buying debt from the market and we're driving up interest rates.

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Speaker 5: It will it will go a long ways.

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Speaker 4: If we could just figure out how to cut spending,

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Speaker 4: we will solve a lot of problems. And MacDonald Trump

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Speaker 4: the most successful president in the history in the United States.

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Speaker 1: So we got about a minute. Leftist A real quick

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Speaker 1: question China. You have been such an articulate voice on it.

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Speaker 1: Your state sued, held them accountable, won twenty four billion

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Speaker 1: dollars for COVID.

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Speaker 2: But they attack us in many different ways.

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Speaker 1: They do it through TikTok, they do it through flavored

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Speaker 1: covered vapes, they do it through fentanyl, and then they

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Speaker 1: do it by exploiting the trade privileges.

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Speaker 2: Do you think most Americans.

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Speaker 1: Understand that China has been getting a free ride for

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Speaker 1: most of the last four years from our country.

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Speaker 4: Yeah, I think most Americans recognize that China has not

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Speaker 4: been cooperating, that they have not been a noble actor

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Speaker 4: on the world stage. And I think that the United

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Speaker 4: I think this is long overdue. With President Trump, you know,

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Speaker 4: his posture towards China. It's my hope that other countries

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Speaker 4: like India and you know, countries around the world Western civilization,

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Speaker 4: that we all unite together. And I think that if

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Speaker 4: we do, and China comes to kind of a former

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Speaker 4: Soviet moment where they realize that they either must change

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Speaker 4: or they'll collapse. I think that this is Donald Trump's moment,

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Speaker 4: the same way that Reagan had that moment where he

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Speaker 4: pushed Russia to the the Soviet Union to the point

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Speaker 4: of collapse. I think that for Trump, this is this

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Speaker 4: is the moment with China.

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Speaker 1: Yeah, something we have to keep in mind that there's

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Speaker 1: so much short term focus, but the long term picture

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Speaker 1: is so much important to keep in the front of

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Speaker 1: our minds. You do that every day in the great

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Speaker 1: perch that you hold in Congress. Congressman Rick Burlson. Great

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Speaker 1: honor having a show, Tay, thanks for joining us.

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Speaker 2: Thank you guys, Yeah, I appreciate you. All Right, folks,

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Speaker 2: we're gonna take a quick corumercial break.

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Speaker 1: When we come back, the man who wrote the book

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Speaker 1: on President Trump's economic policy.

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Speaker 2: Stephen Morri, will be here. I always love what he

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Speaker 2: comes on.

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Speaker 1: I always find like the economy gets a lot more

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Speaker 1: understandable what he talks about.

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Speaker 2: Before we do that, I want you to do me a favorite.

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Speaker 1: Go to AMAC dot us slash just news that's AMAC

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Speaker 2: It's like thirty one bucks a year. That's a steal.

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Speaker 1: While you're doing that, we're gonna take a quick commercial

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Speaker 1: break care from our sponsors and will be right back.

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Speaker 2: Welcome back in America to this Just the News.

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Speaker 1: Reil America's Voice special report Securing a More Fair Future

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Speaker 1: on Trade, brought to you by AMAC. I'm still joined

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Speaker 1: by the senior Vice president from AMAC, Charles Stuck, and

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Speaker 1: he's going to be my coast for the whole hour.

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Speaker 1: And now I'm excited to welcome one of my favorite friends.

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Speaker 1: He makes the economy understandable, he makes it exciting, and

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Speaker 1: he always gives you the straight scoop. He is the

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Speaker 1: author of the Trump Economic Miracle and the co founder

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Speaker 1: of Unleashed Prosperities. Our good friend Steven Moore, Steve, good

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Speaker 1: to have you back on.

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Speaker 6: Hello, gentlemen.

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Speaker 2: Great to be with you. Good to be with you,

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Speaker 2: and good to be with you on this day.

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Speaker 1: There's a lot going on, and you know, the market

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Speaker 1: seem to be a little schizophrenic. One day they're really down,

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Speaker 1: the next day they're a little bit up. But you

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Speaker 1: have been very confident. You've been sounding optimism that the

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Speaker 1: way Trump's going about this may be a real winner.

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Speaker 2: Why are you so positive?

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Speaker 6: Well, you know, at the beginning I was a skeptic,

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Speaker 6: as you know, John.

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Speaker 7: I thought, that's right, Trump, Trump has really gotten himself

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Speaker 7: into a thicket that he might not be able to

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Speaker 7: get out of with all the and you know, we

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Speaker 7: saw those big declines in the stock market and people

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Speaker 7: started to panic.

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Speaker 6: But you know, Trump, really, this guy shrewd.

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Speaker 7: He really is to to moves on the chessboard out

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Speaker 7: of everybody else. And right now I'm feeling pretty confident,

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Speaker 7: not entirely, and I'm not saying that the the you know,

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Speaker 7: the motion sickness that we've all had on the stock

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Speaker 7: market is over. I think we're gonna have updays and

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Speaker 7: down days based on the progress that's been made.

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Speaker 6: But it sure looks a lot better than it did

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Speaker 6: a couple of weeks ago.

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Speaker 7: And if we can get these major deals done, and

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Speaker 7: then John, if we can get keep moving forward on

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Speaker 7: the tax Billy boy, that's a double header that is

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Speaker 7: just unbelievable for the for the economy, and I think

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Speaker 7: you could see a real boom this summer in the

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Speaker 7: stock market.

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Speaker 3: Absolutely, and Steve, when it comes to the volatility, it

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Speaker 3: almost seems as Trump is setting the tone sort of

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Speaker 3: managing expectations there where with this level of volatility. If

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Speaker 3: we do come up with the tax bill, we negotiate

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Speaker 3: some fair trade deals, you know with Asia, European countries,

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Speaker 3: all it takes is a few pieces of good news,

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Speaker 3: potentially a reduction on some maybe corporate income tax. And

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Speaker 3: I mean, I'm assuming what you're thinking is just a

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Speaker 3: wealth of international investment into manufacturing in different sectors in

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Speaker 3: the US. Is that kind of best case scenario in

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Speaker 3: your mind?

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Speaker 7: Yeah, Look, there's a lot of countries that we still

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Speaker 7: need to deal with. There's like six or seven, you know,

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Speaker 7: major countries that really matter, Canada, the UK, the Europeans, Japan, Korea.

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Speaker 6: Et cetera.

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Speaker 7: If we can get those deals done, you know, you

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Speaker 7: don't have to have a hundred countries. You just need

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Speaker 7: to have the you know, the G seven G eight

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Speaker 7: countries come to an agreement where they lower their terrorists,

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Speaker 7: then Trump will lower his terrorists. Now China is another

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Speaker 7: whole cattle of worms, and I think the strategy here

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Speaker 7: is to try to isolate China economically, which would be

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Speaker 7: good for our security and for our economy. I don't

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Speaker 7: know anybody else but Donald Trump who could pull this off.

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Speaker 2: Yeah, it's really interesting.

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Speaker 1: See if I know, for most of your career you've

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Speaker 1: been an advocate for free trade. You like free and

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Speaker 1: fair trade. But you came out my show a couple week,

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Speaker 1: he said something I think very profound, which is you

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Speaker 1: can be a free trade advocate, but you can also

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Speaker 1: realize there's a time to level the playing field with

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Speaker 1: someone that's been cheating or getting an unfair advantage for

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Speaker 1: a long time. When it comes to China, remind people

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Speaker 1: how China has sort of been treated as a third

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Speaker 1: world country when the rest of us have, you know,

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Speaker 1: when we've been giving away a lot, but we don't

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Speaker 1: get a lot in return from China.

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Speaker 7: Well, you know, the short history of China is, you know,

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Speaker 7: they were a communist country. Owner Mau Mao was the

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Speaker 7: greatest butcher who ever lived on the space of the planet.

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Speaker 6: He killed three hundred million people of his own own people.

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Speaker 7: And then in the mid eighties or so, China went

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Speaker 7: on a very free market path and it looked really

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Speaker 7: good that they were going to become a freedom loving

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Speaker 7: and a free market capitalism country. And that's the key

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Speaker 7: way it was for about a decade. And so we

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Speaker 7: gave China the most favorite trade nation.

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Speaker 6: We allowed them into the into the you know, the

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Speaker 6: all the gap and that's kind of thing.

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Speaker 7: And I think that was a mistake because under President

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Speaker 7: g they've moved in the opposite direction. They are now

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Speaker 7: an evil empire and we've got to get in my opinion,

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Speaker 7: by the way, you guys are more of experts on

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Speaker 7: this than I am.

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Speaker 6: But I think they're dangerous.

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Speaker 7: I think they cheat, I think they steal, and we

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Speaker 7: we cannot continue to allow.

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Speaker 2: That to happen.

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Speaker 3: Absolutely, we talked at length about currency manipulation, subs these regulations.

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Speaker 3: So what you touched on there also is not necessarily

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Speaker 3: just about tariffs. Can can you also talk to just

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Speaker 3: the trade barriers? Do you think there's any ongoing discussion

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Speaker 3: on not just the tariffs, but those other things that

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Speaker 3: are make it harder for American companies to export overseas

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Speaker 3: that aren't necessarily tariffs but are sort of wrapped into

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Speaker 3: the trade barrier system when it comes to regulation and

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Speaker 3: things like that.

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Speaker 7: Yeah, the worst one of all to me is that

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Speaker 7: they steal our technology in our patents. Have you noticed

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Speaker 7: every time we come up with a new product, like

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Speaker 7: a new iPhones, you know, all the Chinese do come

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Speaker 7: and take pictures of it try to figure out how

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Speaker 7: they can copycat it.

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Speaker 6: They do the same with our drugs.

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Speaker 7: Our vaccines, are you know, all sorts of inventions that

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Speaker 7: we make and then they steal the processes and then

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Speaker 7: our companies can't make any money on it. So I

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Speaker 7: would put that very near the top of the list.

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Speaker 7: Other countries do that too, by the way, and that's

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Speaker 7: just not bare. I mean the Europeans, they don't pay

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Speaker 7: their fair share of the.

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Speaker 6: Drug costs when we invent new drugs.

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Speaker 7: So we got to get tough with these countries to

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Speaker 7: say pay your fair share.

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Speaker 2: Yeah, amazing, John.

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Speaker 3: I think it's estimated around half a trillion dollars a

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Speaker 3: year just in intellectual property theft. Exactly what you're talking there,

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Speaker 3: Steve on just the copying of our intellectual product property,

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Speaker 3: our products, our manufacturing processes, and in a lot of

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Speaker 3: ways sort of our own doing right. And that's that's

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Speaker 3: that's what we're talking about today.

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Speaker 7: The other thing I wanted to mention John, if I could,

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Speaker 7: is that you know this tax bill is moving along

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Speaker 7: pretty well.

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Speaker 6: They're now talking about fourth of July. I wanted a

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Speaker 6: Memorial Day, remember, John.

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Speaker 7: I said we got to get them by Royal Day,

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Speaker 7: but now it looks like it might be fourth of July.

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Speaker 6: That's a big deal.

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Speaker 7: And I want to see the fifteen percent business rate

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Speaker 7: that Trump was talking about during the campaign. Remember that

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Speaker 7: he said, maybe we can get the business rate down

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Speaker 7: to fifteen percent. My god, if he can do that

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Speaker 7: and then make all the trap tax cuts permanent, and yeah,

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Speaker 7: that's just it. That is like steroids for the US economy.

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Speaker 8: Yeah.

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Speaker 1: No, there's no doubt that there's that moment on the

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Speaker 1: horizon if he pulls it all off, that the economy

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Speaker 1: could be booming like post World War two or the

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Speaker 1: good old nineties. Again, I want to ask about China.

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Speaker 1: You said something profound. If we get some of these

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Speaker 1: other trade agreements in place, China's isolated, and then there

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Speaker 1: are other tools once it's isolated that the president can use.

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Speaker 1: For instance, in twenty thirteen, Vice President Joe Biden, behalf

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Speaker 1: of President Obama, gave anmu to China, says, your companies

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Speaker 1: can be on our stock market, but they don't have

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Speaker 1: to comply with our regulatory options. If you start pulling

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Speaker 1: things like that off the table at thirty days, notice,

441
00:21:34,240 --> 00:21:38,800
Speaker 1: China really is in a much harder position to negotiate.

442
00:21:38,359 --> 00:21:41,439
Speaker 6: Right, Is that for me?

443
00:21:42,280 --> 00:21:46,080
Speaker 9: Yeah, that's for you, Steve, Yeah, yeah, so yeah, no, absolutely,

444
00:21:46,400 --> 00:21:49,639
Speaker 9: And you know, people don't realize the media, thank God

445
00:21:49,320 --> 00:21:52,760
Speaker 9: for people like you who are actually reporting what's happening.

446
00:21:53,080 --> 00:21:56,160
Speaker 7: But how many stories have you read about what's happening

447
00:21:56,160 --> 00:21:58,440
Speaker 7: with the stock market and the economy in China?

448
00:21:58,560 --> 00:21:59,040
Speaker 6: Not many?

449
00:21:59,119 --> 00:22:02,280
Speaker 7: Right, They're going they're head to do a great depression

450
00:22:02,560 --> 00:22:05,960
Speaker 7: if they can't trade with the United States and their

451
00:22:06,000 --> 00:22:08,920
Speaker 7: stock markets taken a beating much worse than ours has.

452
00:22:09,200 --> 00:22:12,080
Speaker 7: So my point is, you know, if we you know,

453
00:22:12,600 --> 00:22:16,320
Speaker 7: when we sneeze, they catch pneumonia, right, and so they

454
00:22:16,359 --> 00:22:18,600
Speaker 7: are they have a lot to lose here. I think

455
00:22:18,680 --> 00:22:20,639
Speaker 7: China is going to be brought to the table on

456
00:22:20,640 --> 00:22:24,199
Speaker 7: their hands and knees, as Trump would say, to to

457
00:22:24,840 --> 00:22:28,000
Speaker 7: make a deal with Trump, because their economy cannot withstand this.

458
00:22:28,119 --> 00:22:31,520
Speaker 7: They they will go into a great depression if they

459
00:22:31,600 --> 00:22:34,120
Speaker 7: lose the trade routes to the United States and our

460
00:22:34,400 --> 00:22:37,080
Speaker 7: you know, twenty two trillion dollar consumer market.

461
00:22:38,400 --> 00:22:44,359
Speaker 3: Great point, absolutely the largest consumer market amongst nations. And

462
00:22:45,119 --> 00:22:47,400
Speaker 3: what we've been talking about is you know, who can

463
00:22:47,680 --> 00:22:49,880
Speaker 3: who's going to blink first on this? And Donald Trump

464
00:22:49,960 --> 00:22:54,040
Speaker 3: shown that we don't necessarily need you know, the throwaway

465
00:22:54,080 --> 00:22:56,160
Speaker 3: culture of Chinese products there are you know, we talk

466
00:22:56,160 --> 00:22:59,560
Speaker 3: about active ingredients and pharmaceuticals, we talk about some necessary

467
00:22:59,600 --> 00:23:02,119
Speaker 3: important it's into the US, but for the most part,

468
00:23:02,760 --> 00:23:04,560
Speaker 3: you know, maybe we don't need a lot of this

469
00:23:04,640 --> 00:23:09,359
Speaker 3: throwaway culture, plastic mass, land filled clothing style, you know,

470
00:23:09,440 --> 00:23:11,919
Speaker 3: consumerism in the US. And the irony is you know,

471
00:23:11,960 --> 00:23:16,199
Speaker 3: you would think that the those that champion scalability and

472
00:23:16,240 --> 00:23:20,560
Speaker 3: the climate crisis and you know, energy consumption and reducing

473
00:23:20,600 --> 00:23:23,439
Speaker 3: carbon footprint. You would think those would be the people

474
00:23:23,760 --> 00:23:27,760
Speaker 3: that would be all for domestic production, reducing fuel consumption

475
00:23:27,840 --> 00:23:30,640
Speaker 3: on overseas shipping. You would think they'd be for elon

476
00:23:30,800 --> 00:23:34,720
Speaker 3: musk and you know, energy efficient vehicles and evs. But Steve,

477
00:23:34,760 --> 00:23:36,680
Speaker 3: it seems like those are the very people that are

478
00:23:36,680 --> 00:23:39,879
Speaker 3: out in the media criticizing the tariffs and this entire situation.

479
00:23:41,119 --> 00:23:42,919
Speaker 6: You know, I was I believe it or not.

480
00:23:43,280 --> 00:23:43,560
Speaker 8: Guys.

481
00:23:43,560 --> 00:23:46,359
Speaker 7: I was on CNN yesterday, which I don't do very often,

482
00:23:46,400 --> 00:23:48,960
Speaker 7: but I do what now in that and they were like, oh,

483
00:23:49,080 --> 00:23:52,119
Speaker 7: there's Trump. He's retreating on his trade stuff. And I'm like,

484
00:23:52,160 --> 00:23:54,320
Speaker 7: you people don't get this guy. You know, he started

485
00:23:54,359 --> 00:23:56,639
Speaker 7: with one hundred and twenty five percent here on China.

486
00:23:56,840 --> 00:23:59,159
Speaker 7: Oh okay, well maybe lower to one hundred percent. No,

487
00:23:59,359 --> 00:24:02,520
Speaker 7: they don't understand that everything Trump does is part of

488
00:24:02,560 --> 00:24:03,600
Speaker 7: the art of the deal.

489
00:24:03,920 --> 00:24:04,640
Speaker 6: But I'd like to.

490
00:24:04,560 --> 00:24:08,800
Speaker 7: Make one other quick point, which is really about AMAC,

491
00:24:08,840 --> 00:24:12,399
Speaker 7: because you're such an effective organization, and we need to

492
00:24:12,400 --> 00:24:15,320
Speaker 7: start a movement of buy America, sell China.

493
00:24:15,480 --> 00:24:17,000
Speaker 6: Buy America, sell China.

494
00:24:17,080 --> 00:24:19,879
Speaker 7: This is something every one of us, as individuals can

495
00:24:20,040 --> 00:24:20,880
Speaker 7: do to.

496
00:24:20,960 --> 00:24:23,200
Speaker 6: Change the direction of what's going on in our country.

497
00:24:23,440 --> 00:24:26,439
Speaker 7: Look for the union label, look for the label that

498
00:24:26,480 --> 00:24:28,639
Speaker 7: says made in America, or at least look for the

499
00:24:28,800 --> 00:24:31,479
Speaker 7: label that says, you know, made in China. And if

500
00:24:31,480 --> 00:24:33,640
Speaker 7: it's made in China, you know, is it okay if

501
00:24:33,640 --> 00:24:35,280
Speaker 7: you pay two or three dollars more for a T

502
00:24:35,400 --> 00:24:38,160
Speaker 7: shirt or four dollars more for some speakers. I think

503
00:24:38,200 --> 00:24:42,680
Speaker 7: if we all make that commitment, I think that would

504
00:24:42,720 --> 00:24:44,679
Speaker 7: have a huge impact. We don't have the government to

505
00:24:44,720 --> 00:24:46,440
Speaker 7: tell us what to do. We can do this as

506
00:24:46,440 --> 00:24:49,320
Speaker 7: individual consumers. I can't tell you, John, people will come

507
00:24:49,359 --> 00:24:51,119
Speaker 7: up to me. What can I do as one person?

508
00:24:51,480 --> 00:24:52,840
Speaker 7: Stop buying their crap?

509
00:24:54,480 --> 00:24:57,600
Speaker 1: Buy America, sell China. I think that's gonna stick. I

510
00:24:57,680 --> 00:24:59,200
Speaker 1: like that one. That's going to We're gonna be talking

511
00:24:59,240 --> 00:25:01,679
Speaker 1: about that tomorrow. Mo Art and Steve, that's a good one.

512
00:25:01,960 --> 00:25:04,040
Speaker 1: You are always a pleasure to have on, my friend,

513
00:25:04,040 --> 00:25:05,879
Speaker 1: we learned so much and we get a lot wiser

514
00:25:05,920 --> 00:25:10,480
Speaker 1: when you're on. Thanks for joining us today. What a

515
00:25:10,520 --> 00:25:12,720
Speaker 1: great what a great conversation books. We are so lucky.

516
00:25:12,720 --> 00:25:14,720
Speaker 1: All Right, we're gonna take a quick commercial break. When

517
00:25:14,720 --> 00:25:16,560
Speaker 1: we come up, Gordon Shang will be here to discuss

518
00:25:16,600 --> 00:25:19,480
Speaker 1: what President Trump's tariffs look like from China's perspective.

519
00:25:19,520 --> 00:25:21,159
Speaker 2: And while we're in the break, give me a favorite.

520
00:25:21,160 --> 00:25:22,080
Speaker 2: There's a homework assignic.

521
00:25:22,440 --> 00:25:25,040
Speaker 1: Go to AMAC dot us lash just News right now,

522
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Speaker 1: go get one of those five year memberships. I'm a

523
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Speaker 1: five year card carring member, AMAC. I'm probably so by

524
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Speaker 1: the way. It pays for itself every time I travel.

525
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Speaker 1: It's an amazing discount you get. Plus all the other benefits,

526
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527
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Speaker 1: things with other patriots, civic duty things.

528
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Speaker 2: They're awesome, all because your memory. AMAC.

529
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Speaker 1: You're gonna get forty seven percent forty seven percent off

530
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Speaker 1: a five year membership right now, AMAC, got us last Jesseys.

531
00:25:51,560 --> 00:25:53,480
Speaker 1: That's the place to go. Do that during the commercial

532
00:25:53,480 --> 00:26:02,280
Speaker 1: Bank will be right back. Welcome back in America to this

533
00:26:02,400 --> 00:26:05,040
Speaker 1: justin News. Real America's Voice special report. We're taking a

534
00:26:05,080 --> 00:26:08,359
Speaker 1: deep dive into President Trump's tariff policies, and we're doing

535
00:26:08,400 --> 00:26:10,399
Speaker 1: so in conjunction with our good friends at AMAC. In

536
00:26:10,400 --> 00:26:12,800
Speaker 1: this segment, we're going to focus on China. It's at

537
00:26:12,840 --> 00:26:14,560
Speaker 1: the heart of this entire policy. And I want to

538
00:26:14,600 --> 00:26:17,280
Speaker 1: bring in my co host for tonight, AMAX senior vice

539
00:26:17,280 --> 00:26:20,520
Speaker 1: president Charles Stucklin, as well as author of the new

540
00:26:20,520 --> 00:26:24,840
Speaker 1: book Plan Read China's Project to Destroy America. He is

541
00:26:24,960 --> 00:26:27,640
Speaker 1: one of the most extraordinary experts on China, and long

542
00:26:27,720 --> 00:26:31,399
Speaker 1: before we were having a public debate about tariff's Gordon

543
00:26:31,480 --> 00:26:33,320
Speaker 1: Chang was on the front lines of encouraging it as

544
00:26:33,320 --> 00:26:35,560
Speaker 1: an important tootal level the playing field with China.

545
00:26:35,800 --> 00:26:38,080
Speaker 2: We're very lucky to be joined by Gordon Chang. Gordon,

546
00:26:38,119 --> 00:26:38,680
Speaker 2: good have you on?

547
00:26:40,160 --> 00:26:42,080
Speaker 8: Well, thank you so much, John and Charlie.

548
00:26:42,640 --> 00:26:45,119
Speaker 1: All right, So I want to start with the notion

549
00:26:45,280 --> 00:26:48,359
Speaker 1: that China's talking tough maybe on the outside, but on

550
00:26:48,400 --> 00:26:51,320
Speaker 1: the inside, are they feeling as comfortable about getting into

551
00:26:51,359 --> 00:26:54,600
Speaker 1: a tariff controversy with the President or does their economy

552
00:26:54,640 --> 00:26:55,879
Speaker 1: have some weaknesses as well?

553
00:26:57,640 --> 00:27:01,639
Speaker 10: Their economy is actually in distress. They reported five point

554
00:27:01,680 --> 00:27:04,359
Speaker 10: four percent growth for the first quarter, but when we

555
00:27:04,400 --> 00:27:08,280
Speaker 10: look at underlying indicators, it looks more like zero and

556
00:27:08,320 --> 00:27:11,439
Speaker 10: we know the direction, which is down. Price data for

557
00:27:11,560 --> 00:27:14,840
Speaker 10: both February and March indicate the Chinese economy is in

558
00:27:14,960 --> 00:27:18,600
Speaker 10: a deflationary spiral that's very hard to get out of.

559
00:27:19,040 --> 00:27:21,679
Speaker 10: And we also see some other numbers that look like

560
00:27:21,840 --> 00:27:25,480
Speaker 10: China was actually contracting during the period. So, for instance,

561
00:27:25,640 --> 00:27:29,679
Speaker 10: tax receipts were down three point five percent. That's not

562
00:27:29,840 --> 00:27:33,639
Speaker 10: consistent with robust growth. So we're seeing an economy that

563
00:27:33,760 --> 00:27:36,639
Speaker 10: is being hit by the tariff dispute at a time

564
00:27:36,800 --> 00:27:39,679
Speaker 10: when it is in trouble. And so yes, I think

565
00:27:39,760 --> 00:27:44,120
Speaker 10: the Chinese understand that they got problems. The issue, though, John,

566
00:27:44,240 --> 00:27:48,040
Speaker 10: is the political system in China. Sijimping has configured it

567
00:27:48,080 --> 00:27:51,280
Speaker 10: so only the most hostile answers are considered to be acceptable.

568
00:27:51,680 --> 00:27:54,520
Speaker 10: So he can't make an overture to the United States,

569
00:27:54,680 --> 00:27:56,760
Speaker 10: which would be the rational thing for him to do,

570
00:27:57,119 --> 00:27:59,280
Speaker 10: because he cannot appear weak.

571
00:28:01,200 --> 00:28:01,400
Speaker 8: Wow.

572
00:28:04,080 --> 00:28:06,800
Speaker 3: Following up on that, Gordon, I remember you once reference

573
00:28:06,920 --> 00:28:10,159
Speaker 3: to article in the People's Daily from twenty nineteen. I

574
00:28:10,160 --> 00:28:13,480
Speaker 3: believe it was May twenty nineteen titled the People's War

575
00:28:13,560 --> 00:28:17,359
Speaker 3: on Us. Can you give some context from the perspective

576
00:28:17,400 --> 00:28:20,119
Speaker 3: of let's say a Chinese citizen, the difference between the

577
00:28:20,240 --> 00:28:23,280
Speaker 3: political and the economic as it relates to how the

578
00:28:23,320 --> 00:28:25,480
Speaker 3: populace in China is sort of viewing this situation.

579
00:28:27,320 --> 00:28:29,879
Speaker 10: People's war is a term that has great residents in

580
00:28:30,040 --> 00:28:35,160
Speaker 10: Communist parties thought is a total war, which pla Daily,

581
00:28:35,280 --> 00:28:38,360
Speaker 10: which is the main propaganda organ of the Chinese military said,

582
00:28:38,760 --> 00:28:39,920
Speaker 10: is total war.

583
00:28:40,360 --> 00:28:42,080
Speaker 8: And this goes back to mal.

584
00:28:42,040 --> 00:28:46,120
Speaker 10: Zudum struggle against Shan Kai Chek, and that means we

585
00:28:46,200 --> 00:28:49,360
Speaker 10: are considered to be an enemy. Now China has this

586
00:28:49,480 --> 00:28:52,440
Speaker 10: doctrine of unrestricted warfare, which means that they can do

587
00:28:52,520 --> 00:28:55,640
Speaker 10: anything in everything they want to take to take us down.

588
00:28:56,160 --> 00:28:59,120
Speaker 8: So it's not just a terriff struggle.

589
00:28:59,240 --> 00:29:02,160
Speaker 10: From the viewpoint to the Communist Party, this is an

590
00:29:02,240 --> 00:29:08,040
Speaker 10: existential struggle. And Charlie, the Communist Party views us as

591
00:29:08,080 --> 00:29:10,640
Speaker 10: an existential threat, not because of anything that we say

592
00:29:10,720 --> 00:29:12,800
Speaker 10: or do, but because of who we are.

593
00:29:13,360 --> 00:29:15,680
Speaker 8: An insecure regime in Beijing is worried.

594
00:29:15,440 --> 00:29:18,720
Speaker 10: About the inspirational impact of America's values and form of

595
00:29:18,800 --> 00:29:20,200
Speaker 10: governance on the Chinese people.

596
00:29:20,600 --> 00:29:22,160
Speaker 8: So unfortunately, we.

597
00:29:22,160 --> 00:29:24,920
Speaker 10: Will never have amicable relations with China as long as

598
00:29:24,920 --> 00:29:26,280
Speaker 10: the Communist Party rules.

599
00:29:26,280 --> 00:29:33,640
Speaker 1: It very important, So Gordon, I want to ask real quickly.

600
00:29:34,600 --> 00:29:36,800
Speaker 1: There are a lot of levers that President Trump has

601
00:29:36,880 --> 00:29:39,680
Speaker 1: yet to pull. Obviously, there is the early escalating terrorists,

602
00:29:39,680 --> 00:29:41,440
Speaker 1: and then there's a little bit of de escalation, which the

603
00:29:41,480 --> 00:29:44,480
Speaker 1: markets have welcomed. But he has other things that China

604
00:29:44,520 --> 00:29:47,320
Speaker 1: has gotten brought access to our markets. For instance, in

605
00:29:47,400 --> 00:29:51,440
Speaker 1: twenty thirteen, Joe Biden under President Trump put a memorandum

606
00:29:51,480 --> 00:29:54,600
Speaker 1: of understanding that let Chinese companies that were on Wall

607
00:29:54,600 --> 00:29:56,840
Speaker 1: Street continue to stay on Wall Street, even if they

608
00:29:56,880 --> 00:30:00,840
Speaker 1: didn't comply with all of our regulatory fiat the Democrats

609
00:30:00,880 --> 00:30:03,840
Speaker 1: had imposed on American companies. If he were to pull

610
00:30:03,880 --> 00:30:06,160
Speaker 1: things out like that, China would have to snap attention

611
00:30:06,240 --> 00:30:07,080
Speaker 1: a lot quicker.

612
00:30:06,880 --> 00:30:12,720
Speaker 10: Right, Yes, Well, that twenty thirteen memorandum was unjustified, in

613
00:30:12,760 --> 00:30:16,080
Speaker 10: other words, giving China access to our markets under terms

614
00:30:16,080 --> 00:30:19,600
Speaker 10: which were more favorable than companies from any other country. Basically,

615
00:30:19,680 --> 00:30:22,720
Speaker 10: they didn't have to comply with disclosure rules to the

616
00:30:22,760 --> 00:30:25,960
Speaker 10: same extent as everybody else, and disclosure is the key

617
00:30:26,040 --> 00:30:30,640
Speaker 10: to America's regulation of companies that have gone public. So

618
00:30:31,240 --> 00:30:35,320
Speaker 10: this certainly is an important lever. If President Trump were

619
00:30:35,440 --> 00:30:38,120
Speaker 10: to pull that memorandum, which I hope that he does.

620
00:30:39,080 --> 00:30:42,520
Speaker 10: Chinese companies probably would have to delist because they could

621
00:30:42,560 --> 00:30:45,959
Speaker 10: not comply with the disclosure requirements. So yes, this is

622
00:30:46,000 --> 00:30:50,000
Speaker 10: something among many other things, John, that President Trump could

623
00:30:50,040 --> 00:30:51,920
Speaker 10: do to put more pressure on the Chinese.

624
00:30:54,640 --> 00:30:57,760
Speaker 3: Do you think as it relates to the disclosure when

625
00:30:57,760 --> 00:31:01,320
Speaker 3: we talk about things like you know, trans shitment China

626
00:31:01,400 --> 00:31:05,960
Speaker 3: going ahead and using Malaysia, Thaighland, Vietnam as sort of

627
00:31:06,080 --> 00:31:09,040
Speaker 3: proxy centers to do a small amount of manufacturing to

628
00:31:09,120 --> 00:31:13,360
Speaker 3: avoid the inbound tariffs, you have currency manipulation, you have subsidies,

629
00:31:13,360 --> 00:31:20,120
Speaker 3: you have lack of regulation in China. Is a delisting strategy?

630
00:31:21,160 --> 00:31:23,520
Speaker 3: Is that a direction that could handle some of what

631
00:31:23,560 --> 00:31:27,680
Speaker 3: we call csrs, currency subsidies and regulation disagreements between the

632
00:31:27,760 --> 00:31:29,840
Speaker 3: United States economies and the Chinese economy.

633
00:31:31,440 --> 00:31:34,520
Speaker 10: Well, I think they are separate, but you know, the

634
00:31:34,680 --> 00:31:38,160
Speaker 10: Chinese view everything in totality, which means that if we

635
00:31:38,160 --> 00:31:43,360
Speaker 10: were to do something with regard to listing of Chinese companies,

636
00:31:44,040 --> 00:31:47,400
Speaker 10: they would view that as part of an all encompassing struggle.

637
00:31:47,520 --> 00:31:50,720
Speaker 10: So in a sense, yes, it relates to everything else,

638
00:31:51,200 --> 00:31:54,680
Speaker 10: and we have to do something about the transhipment, the

639
00:31:54,720 --> 00:31:57,760
Speaker 10: commerce Secretary Howard Lutnik has actually talked to some of

640
00:31:57,800 --> 00:32:00,400
Speaker 10: the countries that you mentioned and to others about the

641
00:32:00,400 --> 00:32:05,080
Speaker 10: transhipment issue. Also, there's an issue not only of transhipment,

642
00:32:05,200 --> 00:32:09,640
Speaker 10: but of false bills of lading. So China will directly

643
00:32:09,680 --> 00:32:13,720
Speaker 10: ship products from Chinese factories to the United States, but

644
00:32:13,800 --> 00:32:15,760
Speaker 10: they'll come in with a bill of lading that says

645
00:32:15,840 --> 00:32:19,720
Speaker 10: manufactured in Vietnam, and the authorities in Vietnam know what's

646
00:32:19,760 --> 00:32:20,200
Speaker 10: going on.

647
00:32:20,960 --> 00:32:22,400
Speaker 8: Obviously, we have to end this.

648
00:32:22,600 --> 00:32:24,800
Speaker 10: I think we're making some progress on this in the

649
00:32:24,880 --> 00:32:27,160
Speaker 10: last month or so, but this is just one of

650
00:32:27,200 --> 00:32:29,720
Speaker 10: a number of things that we have to do on trade.

651
00:32:31,280 --> 00:32:33,560
Speaker 1: I want to ask a little bit about whether there

652
00:32:33,640 --> 00:32:36,000
Speaker 1: are whether you believe there are substance of talks going

653
00:32:36,040 --> 00:32:38,680
Speaker 1: on with China. President Trump says they blink they wanted

654
00:32:38,720 --> 00:32:40,600
Speaker 1: to talk first. Mike Waltz was on the show just

655
00:32:40,680 --> 00:32:43,200
Speaker 1: on Tuesday saying, yeah, they came to us and s

656
00:32:43,240 --> 00:32:45,280
Speaker 1: everyone to have talks. China says, we're not talking at all.

657
00:32:45,640 --> 00:32:47,719
Speaker 1: What do you think is really going on behind the scenes.

658
00:32:49,360 --> 00:32:53,120
Speaker 10: My guess is that the National Security Advisor was telling

659
00:32:53,120 --> 00:32:57,280
Speaker 10: the truth that there have been back channel discussions, maybe

660
00:32:57,280 --> 00:33:00,200
Speaker 10: at a lower level, certainly not at the level of

661
00:33:00,400 --> 00:33:04,720
Speaker 10: President Trump to see jimping. But nonetheless I do believe

662
00:33:04,720 --> 00:33:08,480
Speaker 10: they're going on, which means that the Chinese today were

663
00:33:08,520 --> 00:33:12,160
Speaker 10: actually lying when they said that there were no discussions,

664
00:33:12,200 --> 00:33:14,920
Speaker 10: no talks on trade. And we've got to remember that

665
00:33:15,200 --> 00:33:17,880
Speaker 10: President Trump in the last couple of days has been

666
00:33:18,720 --> 00:33:22,920
Speaker 10: sending out sort of signals that he wants to talk.

667
00:33:23,480 --> 00:33:27,560
Speaker 10: China viewed those as backing down and has become in transitent,

668
00:33:27,880 --> 00:33:30,600
Speaker 10: which shows you the Chinese political system is frozen.

669
00:33:32,040 --> 00:33:35,960
Speaker 3: Interesting, how long Gordon, do you think the Chinese can

670
00:33:36,000 --> 00:33:38,400
Speaker 3: hold out? I mean that the United States being a

671
00:33:38,440 --> 00:33:41,959
Speaker 3: powerhouse of consumers, what is it between a third, almost

672
00:33:41,960 --> 00:33:46,080
Speaker 3: the third, maybe larger of the global consumption? Who in

673
00:33:46,120 --> 00:33:48,520
Speaker 3: this game of chicken, who really can last longer?

674
00:33:50,160 --> 00:33:52,360
Speaker 8: That's really a question of President Trump.

675
00:33:53,640 --> 00:33:55,840
Speaker 10: I think that he was just doing a Jedi mind

676
00:33:55,880 --> 00:34:00,920
Speaker 10: trick on the markets, trying to appease them. Remember, almost

677
00:34:00,960 --> 00:34:04,280
Speaker 10: all the high cards are held by our president. The

678
00:34:04,320 --> 00:34:07,880
Speaker 10: only way China wins is to pressure him to back down.

679
00:34:08,680 --> 00:34:10,560
Speaker 10: And a lot of people say, well, you know, President

680
00:34:10,600 --> 00:34:14,640
Speaker 10: Trump is blank, He's folded. I'm not sure that's the case,

681
00:34:14,719 --> 00:34:18,080
Speaker 10: but this is China's only real hope and see jimping

682
00:34:18,239 --> 00:34:23,840
Speaker 10: because the way he has basically configured the Chinese political system,

683
00:34:24,200 --> 00:34:27,840
Speaker 10: he's perfectly capable of taking China off the cliff before

684
00:34:27,920 --> 00:34:32,080
Speaker 10: he actually has substantive discussions with the US. And that

685
00:34:32,360 --> 00:34:36,800
Speaker 10: is just an indication of how bad things are in China.

686
00:34:36,880 --> 00:34:39,640
Speaker 10: So the issue is I think President Trump holds out

687
00:34:39,640 --> 00:34:42,640
Speaker 10: and I think we win this. But the question is

688
00:34:42,760 --> 00:34:45,880
Speaker 10: it's the will and the determination of one person, the

689
00:34:45,920 --> 00:34:49,600
Speaker 10: guy who sits at sixteen hundred Pennsylvania Avenue Northwest.

690
00:34:50,520 --> 00:34:52,880
Speaker 1: Yeah, it does come down there. The ball starts and

691
00:34:52,880 --> 00:34:54,600
Speaker 1: stops here, There's no doubt. Gordon, We've got about a

692
00:34:54,600 --> 00:34:57,680
Speaker 1: minute left. Just real quickly, Why has it that America

693
00:34:57,719 --> 00:35:00,719
Speaker 1: has continued to treat China, at least regular wise, like

694
00:35:00,760 --> 00:35:03,440
Speaker 1: a third world economy when it's the second largest economy

695
00:35:03,480 --> 00:35:04,080
Speaker 1: in the globe.

696
00:35:05,719 --> 00:35:08,719
Speaker 10: This is just this is just a failure, not only

697
00:35:08,719 --> 00:35:11,680
Speaker 10: in the United States but of everybody else, of giving

698
00:35:11,760 --> 00:35:16,759
Speaker 10: China developing economy status when it is so developed in

699
00:35:16,800 --> 00:35:19,440
Speaker 10: many respects. This is just wrong and it shows you

700
00:35:19,560 --> 00:35:22,400
Speaker 10: that we need to move and change things that have

701
00:35:22,440 --> 00:35:23,640
Speaker 10: been in place for decades.

702
00:35:24,480 --> 00:35:24,719
Speaker 8: Yeah.

703
00:35:24,880 --> 00:35:27,279
Speaker 1: Well, you have been sounding the alarm and creating that

704
00:35:27,320 --> 00:35:29,839
Speaker 1: blueprint by which Donald Trump is now executing a lot

705
00:35:29,880 --> 00:35:32,719
Speaker 1: of these strategies. It's a great honor Gordon always having

706
00:35:32,719 --> 00:35:34,440
Speaker 1: the show. Thanks for some great insights tonight.

707
00:35:35,200 --> 00:35:36,880
Speaker 10: Well, it's a great honor for me to talk to

708
00:35:36,920 --> 00:35:38,359
Speaker 10: you and Charlie, so thank you.

709
00:35:38,840 --> 00:35:41,759
Speaker 2: Well, we appreciate you so much. Folks, go get his

710
00:35:41,800 --> 00:35:42,279
Speaker 2: great books.

711
00:35:42,320 --> 00:35:44,359
Speaker 1: They are the roadmap to how we really should need

712
00:35:44,400 --> 00:35:45,319
Speaker 1: to be dealing with China.

713
00:35:45,320 --> 00:35:47,640
Speaker 2: All right, we're gonna take a cup quick commercial break.

714
00:35:47,640 --> 00:35:49,560
Speaker 1: When we come back. Our good friend Bobby Charles is here.

715
00:35:49,600 --> 00:35:52,919
Speaker 1: Before we get to that, everybody go to AMAC dot

716
00:35:53,040 --> 00:35:55,040
Speaker 1: us lash just News. This is your homework assignment. During

717
00:35:55,040 --> 00:35:58,000
Speaker 1: the commercial break. There's a very special offer forty seven

718
00:35:58,080 --> 00:36:01,120
Speaker 1: percent off a five year membership. That is great. I'm

719
00:36:01,120 --> 00:36:03,600
Speaker 1: a five yard, five year card carring member. You should

720
00:36:03,600 --> 00:36:05,800
Speaker 1: be two AMAC dot us.

721
00:36:05,640 --> 00:36:06,600
Speaker 2: Slash just News.

722
00:36:13,360 --> 00:36:16,279
Speaker 1: Welcome back in America to this Just the News, Real America's Voice.

723
00:36:16,360 --> 00:36:19,560
Speaker 1: Special report Securing a more Fair Future on Trade.

724
00:36:19,280 --> 00:36:20,240
Speaker 2: Brought to you by AMAC.

725
00:36:20,600 --> 00:36:22,720
Speaker 1: I'm still joined by my co host for tonight, AMAX

726
00:36:22,719 --> 00:36:25,359
Speaker 1: Senior Vice President Charles Stuckland, and it's time to bring

727
00:36:25,400 --> 00:36:27,759
Speaker 1: in not only AMAX national spokesman, but one of the

728
00:36:27,760 --> 00:36:29,960
Speaker 1: most learned people I ever talked to in Washington. He's

729
00:36:29,960 --> 00:36:32,560
Speaker 1: a former assistant Secretary of State, a great friend of

730
00:36:32,560 --> 00:36:35,560
Speaker 1: the show, and now he's a Republican candidate for governor

731
00:36:35,560 --> 00:36:38,080
Speaker 1: in MAYNEYEP. You heard me right, He's going to run

732
00:36:38,080 --> 00:36:40,879
Speaker 1: for governor. Our good friend, Bobby Charles, Bobby, welcome back.

733
00:36:41,800 --> 00:36:43,680
Speaker 5: It is a blast to be with you guys always.

734
00:36:44,239 --> 00:36:46,000
Speaker 2: Soon we may have to call you governor. That will

735
00:36:46,000 --> 00:36:47,560
Speaker 2: be even a bigger blast. We'll have to see how

736
00:36:47,560 --> 00:36:48,920
Speaker 2: that goes well.

737
00:36:48,960 --> 00:36:50,680
Speaker 11: All right, if people want to do it, you go

738
00:36:50,719 --> 00:36:52,280
Speaker 11: to Bobbyfermain dot com.

739
00:36:52,280 --> 00:36:53,200
Speaker 5: And I'm right there.

740
00:36:53,440 --> 00:36:56,040
Speaker 1: Yeah, you're you're you're lighting up. People are buzzing all

741
00:36:56,120 --> 00:36:58,759
Speaker 1: over the Northeast. Let me start with something that you

742
00:36:58,800 --> 00:37:02,160
Speaker 1: are so articular. We're in this moment of terris, but

743
00:37:02,400 --> 00:37:05,239
Speaker 1: there is a history to free trade, and we were

744
00:37:05,280 --> 00:37:06,799
Speaker 1: all here in the nineties. You and I were both

745
00:37:06,840 --> 00:37:09,760
Speaker 1: here in Washington when it started. It sounded great, except

746
00:37:09,800 --> 00:37:12,080
Speaker 1: it was free trade for the rest of the world,

747
00:37:12,080 --> 00:37:14,879
Speaker 1: but it was pretty unfair trade for America. We kept

748
00:37:14,880 --> 00:37:18,040
Speaker 1: making successions and putting up with behavior that we didn't

749
00:37:18,160 --> 00:37:21,080
Speaker 1: let the others could not have to comply with. Tell

750
00:37:21,160 --> 00:37:23,080
Speaker 1: us how free trade turned out not to be that

751
00:37:23,120 --> 00:37:24,280
Speaker 1: free trade at all for America.

752
00:37:25,360 --> 00:37:26,840
Speaker 11: Yeah, so well, let's see if I can do this

753
00:37:26,880 --> 00:37:30,920
Speaker 11: in thirty seconds. Many moons ago, when Richard Nixon was president,

754
00:37:31,440 --> 00:37:32,880
Speaker 11: we ended up opening China.

755
00:37:32,960 --> 00:37:34,320
Speaker 5: That was a great thing Politically.

756
00:37:34,760 --> 00:37:37,040
Speaker 11: They thought that if you give China lots and lots

757
00:37:37,040 --> 00:37:40,160
Speaker 11: of advantages, they will take advantage of them, which they did,

758
00:37:40,520 --> 00:37:44,239
Speaker 11: and they will exercise or become affiliated with or they

759
00:37:44,280 --> 00:37:48,040
Speaker 11: will understand the concept of economic freedom. And if you

760
00:37:48,120 --> 00:37:51,359
Speaker 11: do that, they will understand the concept of political freedom. Well,

761
00:37:51,360 --> 00:37:53,600
Speaker 11: it turns out what they did is they interpreted it

762
00:37:53,640 --> 00:37:56,240
Speaker 11: as a giveaway and that they would just take advantage

763
00:37:56,239 --> 00:37:58,279
Speaker 11: of us in every possible way. And they never did

764
00:37:58,280 --> 00:38:01,120
Speaker 11: adopt the political freedom side. So that was error number

765
00:38:01,160 --> 00:38:03,319
Speaker 11: one and we're still paying for that. Error number two

766
00:38:03,400 --> 00:38:08,120
Speaker 11: is administrations Republican and Democrat for the last thirty years anyway,

767
00:38:08,160 --> 00:38:12,040
Speaker 11: maybe forty have allowed trade barriers to grow up. They've

768
00:38:12,080 --> 00:38:17,040
Speaker 11: allowed companies to be subsidized by countries. So Canada subsidizes

769
00:38:17,080 --> 00:38:20,680
Speaker 11: their you know, their lumber production. They do all the

770
00:38:20,680 --> 00:38:25,160
Speaker 11: harvesting for their companies. France owns a part of Air France.

771
00:38:25,320 --> 00:38:28,920
Speaker 11: All of these countries were allowed to undertake these relatively

772
00:38:29,120 --> 00:38:33,520
Speaker 11: unfair trade advantages that they adopted to themselves. Some of

773
00:38:33,560 --> 00:38:36,240
Speaker 11: them set up quotas, some of them set up import quotas,

774
00:38:36,239 --> 00:38:38,920
Speaker 11: so you can only ship so many cars into that country,

775
00:38:39,080 --> 00:38:41,560
Speaker 11: but they were unlimited in how they could ship them here.

776
00:38:41,960 --> 00:38:42,759
Speaker 5: And of course they.

777
00:38:42,680 --> 00:38:45,600
Speaker 11: Also took advantage of things like cheap labor, even slave labor.

778
00:38:45,640 --> 00:38:47,480
Speaker 11: And you know, I mean that's one of the reasons

779
00:38:47,520 --> 00:38:49,759
Speaker 11: that Chinese products are so inexpensive.

780
00:38:49,840 --> 00:38:51,920
Speaker 5: Their labor is the same thing with Mexico.

781
00:38:52,200 --> 00:38:55,719
Speaker 11: And the United States allowed our companies because we thought

782
00:38:55,760 --> 00:38:58,640
Speaker 11: that free trade would generate the outcomes that would ultimately

783
00:38:58,680 --> 00:39:02,279
Speaker 11: benefit everybody, instead of just using comparative advantage.

784
00:39:02,320 --> 00:39:06,800
Speaker 5: You know, you grow a corn and I make shoes.

785
00:39:06,440 --> 00:39:09,080
Speaker 11: And we switch back and forth with those we trade

786
00:39:09,080 --> 00:39:11,480
Speaker 11: them because you're better at corn and I'm better at shoes.

787
00:39:11,800 --> 00:39:15,160
Speaker 11: Instead of that, it became an unfair nightmare for Americans

788
00:39:15,480 --> 00:39:18,640
Speaker 11: because what happened is our wages stayed as they should

789
00:39:18,719 --> 00:39:21,680
Speaker 11: at a relatively high level. Our companies began to put

790
00:39:21,680 --> 00:39:24,480
Speaker 11: all their capital and all their jobs on foreign soil.

791
00:39:24,920 --> 00:39:26,799
Speaker 11: Now what Donald Trump has done is said, you know

792
00:39:26,840 --> 00:39:29,319
Speaker 11: what we're done with all of that. What we're going

793
00:39:29,400 --> 00:39:32,200
Speaker 11: to do is bring all that capital home, all those

794
00:39:32,320 --> 00:39:36,040
Speaker 11: jobs home. We're going to reset the field bilaterally, one

795
00:39:36,080 --> 00:39:38,359
Speaker 11: on one with all these countries so that you are

796
00:39:38,400 --> 00:39:41,759
Speaker 11: no longer allowed to take advantage of the American consumer

797
00:39:42,239 --> 00:39:44,640
Speaker 11: and in turn ultimately put us in a position where

798
00:39:44,680 --> 00:39:46,920
Speaker 11: we don't have the jobs, we don't have the wages,

799
00:39:46,960 --> 00:39:48,640
Speaker 11: we don't have the growth that we could have had.

800
00:39:48,880 --> 00:39:51,040
Speaker 5: What's going to happen is there'll be a slight uptick

801
00:39:51,080 --> 00:39:52,440
Speaker 5: in the near term and inflation.

802
00:39:52,840 --> 00:39:54,799
Speaker 11: And I'm going to tell you about nine months from now,

803
00:39:54,920 --> 00:39:58,200
Speaker 11: the US market is going to explode because all of

804
00:39:58,239 --> 00:40:01,319
Speaker 11: that trillions of dollars capital is going to come home.

805
00:40:01,560 --> 00:40:05,200
Speaker 11: Our defense, our defense supply chains are going to come home.

806
00:40:05,239 --> 00:40:07,560
Speaker 11: So if we have any conflict over Taiwan or anywhere

807
00:40:07,600 --> 00:40:09,640
Speaker 11: else in the world, we don't have to rely on

808
00:40:09,719 --> 00:40:12,240
Speaker 11: Germany to give us all our ball bearings or someone

809
00:40:12,239 --> 00:40:14,400
Speaker 11: else to give us the ailerons for the planes. We

810
00:40:14,480 --> 00:40:16,800
Speaker 11: will make them ourselves. He's also going to bring a

811
00:40:16,840 --> 00:40:20,440
Speaker 11: pharmaceuticals home, so China won't be making most of our

812
00:40:20,440 --> 00:40:22,760
Speaker 11: advil or most of our pharmaceuticals.

813
00:40:22,760 --> 00:40:24,560
Speaker 5: I mean, remember, we're an aging population.

814
00:40:25,160 --> 00:40:28,480
Speaker 11: Our pharmaceuticals are a leverage for an enemy or an

815
00:40:28,480 --> 00:40:31,040
Speaker 11: adversary to take advantage of us. So all of this

816
00:40:31,120 --> 00:40:35,120
Speaker 11: is really a recalibration for thirty or forty or fifty

817
00:40:35,200 --> 00:40:40,359
Speaker 11: years of sort of runaway indulgence in the idea that

818
00:40:40,480 --> 00:40:44,440
Speaker 11: foreign countries could take advantage of America. And he's saying,

819
00:40:44,640 --> 00:40:47,560
Speaker 11: this is not about a new turn of events where

820
00:40:47,560 --> 00:40:50,000
Speaker 11: we take advantage of them. This is about the fact

821
00:40:50,040 --> 00:40:52,680
Speaker 11: that we are finally saying, you know what, We've had

822
00:40:52,680 --> 00:40:55,480
Speaker 11: a weed garden growing here. You've taken advantage of us

823
00:40:55,520 --> 00:40:57,319
Speaker 11: for long enough. We're now going to stand up for

824
00:40:57,360 --> 00:40:59,799
Speaker 11: the American work or the American business, and.

825
00:40:59,760 --> 00:41:03,520
Speaker 5: We're we're gonna have a fair and even trading environment.

826
00:41:04,600 --> 00:41:08,200
Speaker 3: Well, Bud, absolutely, You know, Bobby, you touched on a

827
00:41:08,200 --> 00:41:10,160
Speaker 3: few great points there, but I think one major one

828
00:41:10,200 --> 00:41:12,680
Speaker 3: is you know, it's been reported since nineteen seventy nine

829
00:41:12,719 --> 00:41:16,280
Speaker 3: productivity is up sixty percent, while the typical typical workers

830
00:41:16,320 --> 00:41:19,520
Speaker 3: pay is only around up sixteen percent. And you have

831
00:41:19,560 --> 00:41:23,200
Speaker 3: whole swaths of industry, for example, you know, the furniture

832
00:41:23,200 --> 00:41:27,480
Speaker 3: industry in the Carolinas, cash rich businesses employing tens of

833
00:41:27,520 --> 00:41:30,600
Speaker 3: thousands of people. You have Corporate America come in consolidate

834
00:41:30,640 --> 00:41:33,160
Speaker 3: those companies, and because of what happened in the nineties,

835
00:41:33,200 --> 00:41:35,920
Speaker 3: we ship it overseas, and you know, we see entire

836
00:41:36,000 --> 00:41:40,040
Speaker 3: industries decimated when it comes to Maine. Can you talk

837
00:41:40,080 --> 00:41:42,560
Speaker 3: to I mean, just not only those constituents, but how

838
00:41:42,600 --> 00:41:45,200
Speaker 3: do you make the case when you say, you know,

839
00:41:45,520 --> 00:41:49,399
Speaker 3: we all agree. You know, in the longer term, let's

840
00:41:49,560 --> 00:41:53,040
Speaker 3: just say corporate income tax gets reduced, there's less volatility

841
00:41:53,040 --> 00:41:56,680
Speaker 3: in the markets, International investment will come dumping into the US.

842
00:41:57,040 --> 00:41:59,279
Speaker 3: But how do you make the case in the short

843
00:41:59,320 --> 00:42:02,360
Speaker 3: term that it's worth the pain to not only Americans

844
00:42:02,360 --> 00:42:04,320
Speaker 3: but your potential constituents in Maine.

845
00:42:05,360 --> 00:42:07,360
Speaker 11: Yeah, I'll take people back to that same year that

846
00:42:07,400 --> 00:42:09,720
Speaker 11: you just quoted, nineteen seventy nine to make the case.

847
00:42:10,120 --> 00:42:12,319
Speaker 5: Nineteen seventy nine was a year if people go back

848
00:42:12,360 --> 00:42:14,280
Speaker 5: and look at the books, and I lived through.

849
00:42:14,080 --> 00:42:16,799
Speaker 11: It when Ronald Reagan was the right guy to come

850
00:42:16,840 --> 00:42:19,840
Speaker 11: and succeed Jimmy Carter. Because interest rates were through the

851
00:42:19,960 --> 00:42:23,160
Speaker 11: roof at that point, inflation was through the roof at

852
00:42:23,160 --> 00:42:25,040
Speaker 11: that point, our trading.

853
00:42:24,719 --> 00:42:26,720
Speaker 5: Relationships were handicapped.

854
00:42:27,120 --> 00:42:31,160
Speaker 11: The average person was not We were facing the upward

855
00:42:31,200 --> 00:42:34,800
Speaker 11: spiral of what they call the irrational expectations in inflation,

856
00:42:35,239 --> 00:42:37,040
Speaker 11: and Reagan came in and said, look, we're going to

857
00:42:37,040 --> 00:42:38,799
Speaker 11: break all of that. Okay, we're going to go back

858
00:42:38,800 --> 00:42:41,040
Speaker 11: to basics. We're going to go for a hard day's

859
00:42:41,120 --> 00:42:42,480
Speaker 11: work produces.

860
00:42:42,080 --> 00:42:43,200
Speaker 5: A great income.

861
00:42:43,560 --> 00:42:46,399
Speaker 11: And ultimately, in Maine right now, what a governor has

862
00:42:46,400 --> 00:42:48,160
Speaker 11: to do is he has to deeply cut. This is

863
00:42:48,200 --> 00:42:50,920
Speaker 11: the number one property tax state in the country. The

864
00:42:50,960 --> 00:42:53,920
Speaker 11: combination of our income tax, sales tax, and property tax

865
00:42:54,200 --> 00:42:56,520
Speaker 11: put us somewhere at number two, three or four in

866
00:42:56,600 --> 00:42:59,759
Speaker 11: overall tax burden. We have chased all these businesses out

867
00:42:59,800 --> 00:43:01,759
Speaker 11: of the country, so they'll be a little bit of

868
00:43:01,760 --> 00:43:04,360
Speaker 11: pain because of the tariffs, and main actually may be

869
00:43:04,440 --> 00:43:07,200
Speaker 11: a beneficiary in the long run. Even about the specific

870
00:43:07,239 --> 00:43:09,360
Speaker 11: tariffs with Canada, because again I'll.

871
00:43:09,280 --> 00:43:12,480
Speaker 5: Use softwood lumber. Softwood lumber is cheaper.

872
00:43:12,680 --> 00:43:15,440
Speaker 11: The Canadian softwood lumber because it's subsidized, is cheaper in

873
00:43:15,480 --> 00:43:18,160
Speaker 11: the United States and in Maine than the lumber that

874
00:43:18,200 --> 00:43:21,920
Speaker 11: we produce. It may affect our lobstering. We may in

875
00:43:21,960 --> 00:43:24,040
Speaker 11: the end be able to have you know, basically get

876
00:43:24,080 --> 00:43:26,840
Speaker 11: a better price for lobster long term if you even

877
00:43:26,840 --> 00:43:28,200
Speaker 11: out the trading relationship.

878
00:43:28,320 --> 00:43:30,080
Speaker 5: And it does take time, to do that.

879
00:43:30,400 --> 00:43:33,759
Speaker 11: It takes conversation, it takes recognition of the unfairnesses that

880
00:43:33,760 --> 00:43:36,360
Speaker 11: have existed and remedying them. And then if you have

881
00:43:36,400 --> 00:43:38,920
Speaker 11: a governor and I will do this, I am going.

882
00:43:39,000 --> 00:43:42,080
Speaker 11: I am literally on a track to eliminate the income

883
00:43:42,120 --> 00:43:44,479
Speaker 11: tax in the state of Maine. I've got accountants working

884
00:43:44,560 --> 00:43:46,840
Speaker 11: on it. The idea is not to shift it to

885
00:43:46,920 --> 00:43:49,720
Speaker 11: sales or somewhere else, but to bring both property taxes

886
00:43:49,760 --> 00:43:52,239
Speaker 11: and income taxes down. So what does that do. It

887
00:43:52,320 --> 00:43:55,320
Speaker 11: keeps our kids in the state. It then brings businesses

888
00:43:55,360 --> 00:43:58,320
Speaker 11: into the state. It'll actually encourage trades.

889
00:43:57,960 --> 00:43:58,760
Speaker 5: To stay in the state.

890
00:43:58,840 --> 00:44:02,000
Speaker 11: Now the price of housing goes down, Now affordability comes back.

891
00:44:02,280 --> 00:44:03,759
Speaker 5: At the end of the day, you either are on

892
00:44:03,800 --> 00:44:06,520
Speaker 5: a virtuous circle or a vicious cycle. And what we

893
00:44:06,600 --> 00:44:06,920
Speaker 5: have to do.

894
00:44:06,960 --> 00:44:08,719
Speaker 11: We've been on a vicious cycle here in Maine for

895
00:44:08,760 --> 00:44:10,680
Speaker 11: the better part of thirty years. We need to get

896
00:44:10,760 --> 00:44:13,719
Speaker 11: on a virtuous cycle where we encourage businesses to come here,

897
00:44:13,920 --> 00:44:16,960
Speaker 11: capital come here, get jobs to grow up here, and

898
00:44:17,000 --> 00:44:20,360
Speaker 11: therefore our schools begin to feed kids into those jobs.

899
00:44:20,400 --> 00:44:21,400
Speaker 11: And at the end of the day, we get the

900
00:44:21,440 --> 00:44:23,880
Speaker 11: drug traffickers out of the state. So it's again what

901
00:44:23,880 --> 00:44:25,520
Speaker 11: it was in my growing up year is a very

902
00:44:25,560 --> 00:44:29,080
Speaker 11: safe and beautiful state that is pro business even as

903
00:44:29,120 --> 00:44:31,400
Speaker 11: they are. Obviously I grew up in the woods, as

904
00:44:31,440 --> 00:44:33,920
Speaker 11: we love our woods and conservation. But we need to

905
00:44:33,960 --> 00:44:37,759
Speaker 11: go back nationally and at the state level to understanding

906
00:44:37,800 --> 00:44:40,399
Speaker 11: that everything we're looking at in this room, everything you're

907
00:44:40,400 --> 00:44:42,600
Speaker 11: looking at in your room, everything your visitors look at

908
00:44:42,640 --> 00:44:47,040
Speaker 11: around them are produced by private sector businesses, small businesses.

909
00:44:47,080 --> 00:44:52,160
Speaker 11: Many times we need to encourage entrepreneurship, encourage small businesses,

910
00:44:52,239 --> 00:44:55,920
Speaker 11: encourage self reliance, encourage what some like to say the

911
00:44:55,960 --> 00:44:59,400
Speaker 11: American dream, to grow up again in Maine so that

912
00:44:59,440 --> 00:45:01,680
Speaker 11: people under stand the future is as bright as you

913
00:45:01,719 --> 00:45:03,360
Speaker 11: want to make it, and the government is going to

914
00:45:03,400 --> 00:45:06,960
Speaker 11: get out of your way. I say, cut crime, cut taxes,

915
00:45:07,239 --> 00:45:08,719
Speaker 11: cut the nonsense.

916
00:45:08,200 --> 00:45:10,239
Speaker 5: And that's what I's That's basically what.

917
00:45:10,200 --> 00:45:13,359
Speaker 11: I'm telling people. Get back to common sense policies. And

918
00:45:13,440 --> 00:45:15,360
Speaker 11: if you believe in that, go, I mean, if you

919
00:45:15,360 --> 00:45:17,160
Speaker 11: want to see Main be that place, whether you come

920
00:45:17,160 --> 00:45:19,279
Speaker 11: in the summer or whether you live here, go to

921
00:45:19,400 --> 00:45:20,960
Speaker 11: Bobbyfurmaine dot com.

922
00:45:21,040 --> 00:45:21,719
Speaker 5: Help me do it.

923
00:45:21,800 --> 00:45:24,960
Speaker 11: Invest in the future, because it sometimes takes an army

924
00:45:25,280 --> 00:45:28,320
Speaker 11: to turn around a state that has gotten badly, badly

925
00:45:28,360 --> 00:45:28,920
Speaker 11: off track.

926
00:45:29,480 --> 00:45:32,600
Speaker 2: Yeah, Bobby, you're so right. Unfortunately we run out of time.

927
00:45:32,640 --> 00:45:33,560
Speaker 2: We got to get more on this.

928
00:45:33,719 --> 00:45:35,480
Speaker 1: I'm going to come back this next week with you

929
00:45:35,520 --> 00:45:37,080
Speaker 1: because I think there's so much more to dig in

930
00:45:37,120 --> 00:45:39,560
Speaker 1: on China as well. But great to have you on

931
00:45:39,560 --> 00:45:41,400
Speaker 1: the Showta is always you bring a lot of wisdom

932
00:45:41,440 --> 00:45:43,560
Speaker 1: context in history with you, which I think a lot

933
00:45:43,560 --> 00:45:43,960
Speaker 1: of peer.

934
00:45:43,920 --> 00:45:45,920
Speaker 2: Can say don't understand. It's great to have you on.

935
00:45:45,960 --> 00:45:46,799
Speaker 2: Thanks for joining us.

936
00:45:47,719 --> 00:45:48,759
Speaker 5: Thank you both very much.

937
00:45:49,239 --> 00:45:51,560
Speaker 1: What a great conversation. Always learned a ton when a

938
00:45:51,560 --> 00:45:53,440
Speaker 1: body comes on. All right, we're going to take a

939
00:45:53,480 --> 00:45:56,000
Speaker 1: commercial break. We've got one more conversation to do before

940
00:45:56,000 --> 00:45:57,719
Speaker 1: we wrap up the show tape. But before you do that,

941
00:45:58,000 --> 00:46:00,920
Speaker 1: please head over right now that AMAC dot us slash

942
00:46:01,239 --> 00:46:05,480
Speaker 1: just News. That's AMAC amac dot us slash just News.

943
00:46:05,520 --> 00:46:08,399
Speaker 1: Why because for this month only, they're gonna get forty

944
00:46:08,400 --> 00:46:11,600
Speaker 1: seven percent off a five year membership. That's thirty one

945
00:46:11,640 --> 00:46:14,719
Speaker 1: bucks set to steal. It'll pay for itself many times over.

946
00:46:14,800 --> 00:46:16,799
Speaker 1: Go do it right now. Say thank you to our

947
00:46:16,840 --> 00:46:20,000
Speaker 1: good friends at AMAC are making conversations like this possible.

948
00:46:20,040 --> 00:46:22,600
Speaker 1: Here Real America's Voice and justin News all right. We'll

949
00:46:22,640 --> 00:46:24,080
Speaker 1: be back in a second to wrap up the show

950
00:46:24,080 --> 00:46:37,000
Speaker 1: with Dylan Well co commercial break, Welcome Back in America.

951
00:46:37,040 --> 00:46:39,839
Speaker 1: One final segment of this justin News, Real America's Voice

952
00:46:39,920 --> 00:46:43,360
Speaker 1: special report Securing a More Fair Future on Trade, Joining

953
00:46:43,360 --> 00:46:45,560
Speaker 1: me as he has for the whole hour, my amazing

954
00:46:45,600 --> 00:46:49,479
Speaker 1: co host, AMAX Senior vice President Charles Stucklan Charlie. When

955
00:46:49,520 --> 00:46:52,279
Speaker 1: we went into this, before we started the show, you

956
00:46:52,280 --> 00:46:54,400
Speaker 1: and I were talking about the possibility that there's a

957
00:46:54,400 --> 00:46:56,680
Speaker 1: great economic boon on the horizon that no one wants

958
00:46:56,680 --> 00:46:59,560
Speaker 1: to talk about. Steve Moore said it, Congress and Burlison

959
00:46:59,600 --> 00:47:02,279
Speaker 1: said it, Bobby Charles said it. It's something that got

960
00:47:02,320 --> 00:47:04,520
Speaker 1: left out of the conversation in regular media, but here

961
00:47:04,560 --> 00:47:06,120
Speaker 1: tonight it was pretty prominent.

962
00:47:07,360 --> 00:47:10,560
Speaker 3: Absolutely, And you know, short term thinking, that's the problem.

963
00:47:10,640 --> 00:47:13,440
Speaker 3: Short term thinking for the last few decades, on what

964
00:47:13,560 --> 00:47:17,440
Speaker 3: kind of trade deals we're making with foreign nations, how

965
00:47:17,440 --> 00:47:21,960
Speaker 3: we're protecting the US job sector, the US job market, manufacturing,

966
00:47:22,560 --> 00:47:25,520
Speaker 3: every sector that exists. And now what you're seeing is

967
00:47:25,560 --> 00:47:29,080
Speaker 3: criticisms of tariffs. With short term thinking. You have people

968
00:47:29,120 --> 00:47:33,319
Speaker 3: critiquing the current market levels, current market prices. But ultimately, John,

969
00:47:33,320 --> 00:47:35,560
Speaker 3: I feel like what we saw this evening, and these

970
00:47:35,560 --> 00:47:39,160
Speaker 3: interviews were for the people who fully understand both China

971
00:47:39,280 --> 00:47:42,359
Speaker 3: and the economic side. There's a huge amount of potential here.

972
00:47:42,600 --> 00:47:46,080
Speaker 3: The volatility obviously there's going to be volatility, you know,

973
00:47:46,160 --> 00:47:50,120
Speaker 3: at this exact moment, but the potential for some stability

974
00:47:50,320 --> 00:47:54,520
Speaker 3: with these pending trade deals combined with, let's face it,

975
00:47:54,560 --> 00:47:57,279
Speaker 3: some things. Donald Trump's already admit potential reduction on the

976
00:47:57,280 --> 00:48:01,160
Speaker 3: business side, on corporate taxes, and it just lends itself

977
00:48:01,200 --> 00:48:04,200
Speaker 3: to be a potential explosion in US investment in growth.

978
00:48:04,280 --> 00:48:06,480
Speaker 3: So I don't know about you, but I feel confident

979
00:48:06,520 --> 00:48:08,000
Speaker 3: in hearing that from our guest tonight.

980
00:48:08,160 --> 00:48:10,440
Speaker 1: Yeah, it was such a star panel of just people

981
00:48:10,440 --> 00:48:12,879
Speaker 1: who really know what's going on. I heard three really

982
00:48:12,880 --> 00:48:14,960
Speaker 1: important agreements. One, Donald Trump's not going to blink, so

983
00:48:15,000 --> 00:48:19,360
Speaker 1: get used to him not blinking. Two, as Steve Moore said,

984
00:48:20,000 --> 00:48:22,440
Speaker 1: by us sell China, which is, don't be afraid to

985
00:48:22,440 --> 00:48:24,040
Speaker 1: give up on China, move them out. They're in their

986
00:48:24,040 --> 00:48:26,800
Speaker 1: own trouble. And then three, get those tax gets done.

987
00:48:26,960 --> 00:48:29,640
Speaker 1: Those seem to be the three secret ingredients. Anything we

988
00:48:29,640 --> 00:48:31,240
Speaker 1: miss that you think is important.

989
00:48:32,840 --> 00:48:35,000
Speaker 3: No, I mean those seem to be the ingredients as well.

990
00:48:35,040 --> 00:48:37,160
Speaker 3: I agree, but I mean, let me leave you with this. So,

991
00:48:37,360 --> 00:48:41,120
Speaker 3: the battle over tariff's, over trade, over manufacturing, it's not

992
00:48:41,160 --> 00:48:45,520
Speaker 3: just policy, it's personal. It's personal for every AMAC member

993
00:48:45,840 --> 00:48:49,960
Speaker 3: whose job was shipped overseas. It's personal for every retiree

994
00:48:50,719 --> 00:48:53,480
Speaker 3: wondering why medicine comes from halfway around the world. And

995
00:48:53,520 --> 00:48:57,360
Speaker 3: it's personal for every grandparent who wants their grandchild to

996
00:48:57,400 --> 00:49:00,160
Speaker 3: grow up in a country that still makes things and

997
00:49:00,280 --> 00:49:03,719
Speaker 3: stands for something. So tariffs aren't necessarily and I think

998
00:49:03,719 --> 00:49:06,840
Speaker 3: all of our guests agree, tariffs aren't necessarily about punishing anyone.

999
00:49:07,120 --> 00:49:10,720
Speaker 3: They're about protecting what we've built and rebuilding what we've lost.

1000
00:49:11,000 --> 00:49:14,000
Speaker 3: So at AMAC, we believe in common sense conservatism, in

1001
00:49:14,080 --> 00:49:16,880
Speaker 3: protecting the people who built this country, and in standing

1002
00:49:16,960 --> 00:49:18,759
Speaker 3: up to the forces that try to hollow it out.

1003
00:49:19,239 --> 00:49:22,160
Speaker 3: So thank you John for being a part of this conversation.

1004
00:49:22,280 --> 00:49:26,000
Speaker 3: I appreciate you bringing AMAC into this conversation. And for

1005
00:49:26,080 --> 00:49:29,080
Speaker 3: those who are not eMac members yet, America needs voices

1006
00:49:29,120 --> 00:49:31,439
Speaker 3: like yours and we need to be heard louder than ever.

1007
00:49:31,680 --> 00:49:32,759
Speaker 3: So thank you again, John.

1008
00:49:32,800 --> 00:49:34,680
Speaker 1: You couldn't say it, and you did a great job

1009
00:49:34,719 --> 00:49:36,759
Speaker 1: as my co host, And what a fun conversation.

1010
00:49:36,800 --> 00:49:38,760
Speaker 2: We'll have to do this again a real soonent, Charlie.

1011
00:49:38,800 --> 00:49:40,560
Speaker 2: All right, folks, you hurt Charlie. That was the best

1012
00:49:40,560 --> 00:49:41,399
Speaker 2: way to close the show.

1013
00:49:41,760 --> 00:49:44,000
Speaker 1: If you like the common sense you hurt tonight, go

1014
00:49:44,080 --> 00:49:46,480
Speaker 1: to AMAC dot us lash just News right now, go

1015
00:49:46,520 --> 00:49:48,319
Speaker 1: sign up, go join us. I'm a card carring member.

1016
00:49:48,360 --> 00:49:50,080
Speaker 1: You can be a card carring member. Point your car,

1017
00:49:50,320 --> 00:49:52,239
Speaker 1: your camera at that QR code and you will be

1018
00:49:52,280 --> 00:49:52,640
Speaker 1: in the run.

1019
00:49:52,680 --> 00:49:53,120
Speaker 2: All right.

1020
00:49:53,400 --> 00:49:55,600
Speaker 1: Otherwise, go to AMAC dot us Just News. We'll be

1021
00:49:55,640 --> 00:49:57,960
Speaker 1: back tomorrow and hand off to the amazing Grant Stitchel

1022
00:49:58,000 --> 00:49:59,239
Speaker 1: and you're in good hands for the next hour.