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The Clark Howard Podcast

04.07.25 On Car Tariffs / 23andMe - Privacy Action Required

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.64.9K Ratings

🗓️ 7 April 2025

⏱️ 32 minutes

🧾️ Download transcript

Summary

Today -  Clark’s view on the impact of auto tariffs from strictly an economics standpoint - plus, direction for car buyers.  Also, 23andMe has gone bust. If you have an account with them, the action you need to take right away.  Car Tariffs: Segment 1 Ask Clark: Segment 2 23andMe Bankruptcy: Segment 3 Ask Clark: Segment 4 Mentioned on the show: Hyundai shows off its new $7.6B electric vehicle plant in Georgia as Trump announces tariffs Should You Buy a Car Before Prices Rise? What All to Know Before Tariffs Hit. Should I Keep My Old Car or Buy a New Car? My Vehicle Is Approaching 200,000 Miles. Drive Until It Dies Or Sell Before It Breaks Down? How to Buy a New Car in 5 Steps   /   How To Buy a Used Car Lemon laws: These states do the best job protecting consumers in new car purchases The Center For Auto Safety - Lemon Law Rank Explanations and Examples What's the Best Way To Rent a Car Before You Buy It? 23andMe Bankruptcy: Why You Should Erase Your Data Now 18 of the Best High-Yield Online Savings Accounts in April 2025 High-Yield Savings Account (HYSA) Calculator Clark.com resources Episode transcripts Community.Clark.com  /  Ask Clark Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

It's my pleasure to welcome you here to the Clark Howard Show.

0:08.5

You know, our mission is to serve you with advice and information that empowers you so you make better financial decisions in your life.

0:18.3

Today, wow, I'm going to address something that causes endless posts as the

0:25.5

tariffs turn. Also, 23 of me has gone bust, and there's something that I need you to do immediately

0:37.0

if you're one of the 15 million of us who did the 23

0:42.7

and me genetic testing. So this is a story that changes flavors again and again and again.

0:52.1

The Trump tariffs. Full disclosure, I hate tariffs. I've always hated

0:58.1

tariffs. In history, you look at when America's imposed tariffs in the past, the two big times

1:06.5

we did both led to depressions. Tariffs have a lot of negative effects.

1:14.6

The president sees tariffs is key to his economic strategy.

1:19.8

I don't understand it.

1:21.5

But I have to say that because anytime you hear me talk about tariffs, you hear built-in bias in me against tariffs,

1:33.1

just like you hear from the president the other way that tariffs are like some kind of gift

1:39.7

from heaven. So today I'm not going to talk specifically about why I despise tariffs. If I did that

1:48.1

someday, gosh, Krista already has to deal with endless Clark stinks from people who think I'm

1:54.8

some kind of super maga or something or ultra liberal or progressive or something.

2:01.0

It is unbelievable.

2:02.7

I mean, it's funny that people that are really political right now see everything from

2:07.3

a political prism and fail to respect the possibility that there could be somebody who's

2:13.2

an independent, which I would be libertarian except because of how I feel about military.

2:20.5

I don't fit truly being a libertarian, but I don't believe that any one person, any one group,

2:29.5

any one political party has infinite wisdom. We're humans.

...

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