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The Ramsey Show Highlights

Why Is Trump So Dead-Set On Tariffs?

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6682 Ratings

🗓️ 2 October 2024

⏱️ 3 minutes

🧾️ Download transcript

Summary

📱For more content that keeps you motivated, download the Ramsey Network app.   Americans deserve to know what their presidential candidates will do about real issues that matter to real people. So, we reached out to both candidates to give them the opportunity to sit down with Dave and share their ideas.   Dave took everyday Americans’ questions about the economy to Donald Trump in a real-talk interview.   Founder and CEO of Ramsey Solutions, Dave Ramsey is a financial expert and national bestselling author. Over the last 30 years, Ramsey Solutions has delivered clear, no-nonsense money advice through radio shows, podcasts, books, courses and tools, helping millions of people take control of their money and build wealth.    Each week, 8 million people tune in to The Ramsey Show across podcasts and YouTube for advice on money, careers, and relationships. 
   Learn more about Ramsey Solutions here
 
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Transcript

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0:00.0

Brought to you by the Ramsey Network app. Download for content that keeps you motivated today.

0:08.5

One of the things that our viewers know about us, we work with tens of thousands of small business people.

0:14.5

And so coaching them 54% of the gross domestic product is businesses, 500 people or less.

0:20.6

Yeah. Almost everyone in America, over half, almost 60 percent of people work for a small business.

0:28.2

And I know small businesses are where jobs come from, not from government.

0:33.1

So politicians don't create jobs, small businesses do.

0:35.9

The small businesses are people like me off when the politicians say they're

0:39.8

ones making the jobs. We're the ones making the jobs. But when you guys in government can

0:44.2

take your hands off of small business and allow us to do our thing, we're able to employ people

0:49.5

and change things. So how can you help small businesses? Well, the best way is just letting them do what they have to do, but we still have to give

0:56.5

them a playing field. If we don't give them a level playing field, they will die. And that's

1:01.7

what happened before. That's why China came in. That's why all the... They came in, and they came

1:06.6

in at a level like nobody's ever seen, and we did nothing about it. So the word tariff to me is a very

1:12.5

beautiful word because it can it can save our country truly. And yet I think because of graft,

1:19.0

because of a lot of consulting payments and other things that given by other countries,

1:25.0

we have so much fighting with politicians on using it. I saved our steel industries

1:30.7

by putting tariffs on steel that China came in and dumped. And you know what they do? They dump and dump and

1:36.8

dump. Everybody goes out of business. Then they buy those businesses very cheap and then they raise

1:40.8

the prices to hire than they ever were. That's one of the many benefits that they have if they want to do it.

1:47.2

But by putting tariffs on, as an example, in the furniture business in North Carolina,

1:53.1

it was so vibrant and they stole our business.

1:56.2

And they charged us, if you wanted to build a furniture place,

...

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