4.4 • 9.5K Ratings
🗓️ 6 May 2025
⏱️ 28 minutes
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0:00.0 | President Trump was put on the spot last week when a reporter asked whether Americans should expect shortages as a result of his trade war. |
0:09.0 | He gave a classic off-the-cuff answer. |
0:10.9 | You know, somebody said, oh, the shelves are going to be open. |
0:13.4 | Well, maybe the children will have two dolls instead of $30, you know. |
0:17.4 | Then he had some time to think about it further and decided he's right. |
0:21.2 | I don't think a beautiful baby girl needs, that's 11 years old, needs to have 30 dolls. |
0:28.6 | Here he is on NBC's Meet the Press with Kristen Welker. |
0:31.0 | When you say they could have three dollars instead of 30 dollars, are you saying you're... |
0:34.9 | Americans could see empty store shelves? No, I'm not saying that. I'm just saying they don't need to have $30. Are you saying you're Americans could see empty store shelves? No, I'm not saying that. I'm just |
0:40.2 | saying they don't need to have $30. They can have three. They don't need to have 250 pencils. They can have |
0:45.2 | five. Wild. Economists say if you look at what's coming into the U.S. on ships from China, shortages are |
0:51.3 | nearly guaranteed. Shortages of what, though, other than dolls and pencils? |
0:56.8 | Answers to come on Today Explained. |
1:00.9 | Attention investors. If you're not sure where to start, check out public.com. |
1:06.1 | That's where you can invest in everything, stocks, options, bonds, and more, and even earn a 6% or higher yield |
1:13.0 | that you can lock in with a bond account. Visit public.com slash podcast and get up to $10,000 |
1:19.0 | when you transfer your old portfolio. That's public.com slash podcast. Paid for by public investing. |
1:26.3 | All investing involves risk of loss, including loss of principle. |
1:29.6 | Broker services for U.S. listed, registered securities, options, and bonds in a self-directed account |
1:34.8 | are offered by Public Investing Incorporated member FINRA and SIPC. Complete disclosures available at |
1:40.4 | public.com slash disclosures. |
1:45.4 | Everyone has a story worth telling, especially your mom. But how much of her |
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