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I've been on the Ramsey plane now 20 years. I found you guys back in 05, got out of debt in less than 18 months as you teach, and have lived below my means on the personal and business side ever since.

Good for you. Today's question is in regards to the tariffs.

I own a business, and in December, I made our largest ever investment in equipment,

and I paid in full when I ordered back in December.

Took four months to make, and it's ready to ship now, but it's coming from China. And so two days ago, I was told

if I want to import it, it's going to cost 80% of what I paid just for the product. But now,

with today's news, what, 145%? So, I'm just trying to's gonna do he might just get exciting right

300% I mean we're in a full-scale trade war right now and this is real stuff right here

this is where this kind of stuff you heard me yammer about it in private oh yeah now it's real

so what can I'm pretty fired up actually I'm pretty fired up, actually. I'm pretty pissed off.

Go Ken.

Because I'm going to say this real quick, and then we're going to get in the numbers.

Tariffs are taxes, and we have never in the history of this great country, taxed our way into prosperity,

and it's the Davids of the world that are going to get hit hard on this.

So let's talk real situation. What's your question based on where you stand right now,

and I'll start working through this with you? So I know that since I already paid back in

December, that's a sunk cost, as you always say. I mean, do I pay the 80% or even now 145% or 300%?

Whatever it is.

Or do I wait to see if it comes down?

But as you say, you know, shoot, it could go up, right?

Yeah.

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