4.6 • 851 Ratings
🗓️ 15 April 2025
⏱️ 68 minutes
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0:00.0 | That's the good thing about our production cycle is this should be out by tomorrow, which |
0:21.6 | means, as November said earlier before we spend recording, things will only have changed like |
0:25.9 | by 90 to 98%. Not the usual 160% that we've expected day to day in the last several weeks, |
0:34.8 | which is good for us. |
0:36.5 | I think we've really come full circle at this point on the global trade regime. |
0:44.8 | I'm really enjoying the decades of weeks where decades happen. I think it would be really cool. |
0:51.2 | If the current administration, if enough guys just call Trump and are just like, |
0:56.5 | hey, I'm Tim Apple and I need you to exempt my great company from the tariffs. You don't want to |
1:01.6 | exempt. You don't want to hurt a great American company. He's like, well, no. And if enough people call |
1:05.0 | him, then he can just completely from first principles and backwards reinvent the Seattle round of World Trade Organization negotiations. |
1:13.0 | What do we think about that? |
1:14.3 | Well, the thing is that lasts until the next person talks to him because as we know, Donald Trump. |
1:19.5 | Yeah, for Donald Trump, like, always, like, inhabits the worldview of the most recent person to talk to him. |
1:25.7 | And so, like, he talks to Scott Besson or Peter Navarro, and he's back and the tariffs are back. |
1:31.7 | So I think that's one reason why it's been so back and forth. |
1:35.2 | Yeah. |
1:35.6 | It rocks. |
1:36.3 | I really can't wait for the companies to start realizing that they can compete with each other by being, like, no, listen, this industry is what you really need to tariff. |
1:45.1 | And so it'll just be like a constantly rotating group of CEOs, tariffing and unterriffing their |
1:52.1 | competition. |
1:53.1 | Well, I mean, the thing is, this is the most, one of the more easily buyable administrations, |
1:58.0 | like more directly. |
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