Let's talk about executives warning you about Trump's economic plans....
Belle of the Ranch
Belle of the Ranch
4.9 • 1K Ratings
🗓️ 21 November 2024
⏱️ 5 minutes
🧾️ Download transcript
Summary
Let's talk about executives warning you about Trump's economic plans....
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Well, howdy there, Internet people? It's Bell again. So today, we're going to talk about |
| 0:06.5 | Trump's policies and executives telling Americans ahead of time that tariffs are going to raise |
| 0:13.2 | prices. Those who believed Trump's economic claims are getting more and more reason to doubt. |
| 0:23.3 | A number of people associated with large U.S. companies are already trying to get the word out so American consumers are |
| 0:30.0 | ready for what could be on the horizon. The CEO of AutoZone said, quote, if we get tariffs, we will pass those tariff costs back to the consumer. |
| 0:41.8 | That's pretty blunt, but not every American realizes how that will impact their costs overall. |
| 0:49.4 | Now, there's some information that can't, well, shouldn't be ignored. It's something that will impact |
| 0:57.0 | most Americans. Here's the quote. Our model is everyday low prices, but there probably will be |
| 1:04.8 | cases where prices will go up for consumers. That's Walmart's CFO. He also said, quote, we've been living under a tariff |
| 1:14.4 | environment for seven years, so we're pretty familiar with that. Tariffs, though, are inflationary |
| 1:21.0 | for customers. So we want to work with suppliers and with our own private brand assortment |
| 1:27.0 | to try to bring down prices. |
| 1:30.3 | In a different interview, he pointed it out again, saying, quote, |
| 1:34.9 | If we look back historically when tariffs were enacted seven years ago, it did result in higher |
| 1:41.8 | prices for customers. |
| 1:45.4 | Seven years ago. |
| 1:51.0 | Oh, the first round of Trump tariffs did result in higher prices. |
| 1:53.8 | So the inflation came from where again? |
| 1:57.8 | In a separate statement, Walmart said, quote, |
| 2:03.4 | We're concerned that significantly increased tariffs could lead to increased costs for our customers at a time when they are still feeling the remnants of inflation. |
| 2:09.9 | The remnants of inflation. Because they're back down to close to levels economists thinker ideal. |
| 2:20.9 | Now a new round of tariffs is poised to reignite inflation. This is something a lot of Americans won't want to believe, because a whole lot |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Belle of the Ranch, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Belle of the Ranch and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

