Arjan Singh
Appearances
Right About Now with Ryan Alford
Real American Business News: Tips for how Business's Should Navigate Tariffs - ESPN's Big Move Shifts Changing Media Landscape - The $97 Billion Industry Hiding in Plain Site
So I think it's a case of whether it gets quickly resolved or it drags on for a little bit longer. That's the little bit of an unknown. But I do see these things settling down in the next couple of months.
Right About Now with Ryan Alford
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Any perspective there? Oh, in the United States? I mean, TikTok has very valuable technology, right?
Right About Now with Ryan Alford
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I think that's one thing both parties in the United States agree on, that the Chinese control has to go away. So to survive in the United States, they're going to have to sell. Now, what form it takes, with different people trying to take it on, Amazon was interested in others as well. I mean, they've got a valuable algorithm that's very sticky with consumers.
Right About Now with Ryan Alford
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If they want freedom to operate in the United States, they will have to sell.
Right About Now with Ryan Alford
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Just check me out on LinkedIn. It's very easy to find. Just search for Arjun Singh. You'll find there. Follow me. Add me on LinkedIn. And that's where you'll see a lot of my updates there. Great. Thank you so much for coming on the show.
Right About Now with Ryan Alford
Real American Business News: Tips for how Business's Should Navigate Tariffs - ESPN's Big Move Shifts Changing Media Landscape - The $97 Billion Industry Hiding in Plain Site
$14.99.
Right About Now with Ryan Alford
Real American Business News: Tips for how Business's Should Navigate Tariffs - ESPN's Big Move Shifts Changing Media Landscape - The $97 Billion Industry Hiding in Plain Site
Great. You know, I think you nailed it, right? There's a lot of stuff that's going on in terms of the tariffs. There's been an agreement between the US and China, in principle, to have tariffs coming down. The UK has been talking to the US as well. India is also falling in there.
Right About Now with Ryan Alford
Real American Business News: Tips for how Business's Should Navigate Tariffs - ESPN's Big Move Shifts Changing Media Landscape - The $97 Billion Industry Hiding in Plain Site
So one by one, what's interesting is all the countries are now open to a dialogue after really playing a little bit of a game of chicken to kind of figure out whether it's real or not. So it's coming down. Now, how quickly it gets resolved, we don't know. No one knows. And that's where you have to, as a business owner, prepare for the future.
Right About Now with Ryan Alford
Real American Business News: Tips for how Business's Should Navigate Tariffs - ESPN's Big Move Shifts Changing Media Landscape - The $97 Billion Industry Hiding in Plain Site
And the whole notion is you hope for the best, but you prepare for the worst. And there's a few principles to kind of think about as you start doing that. Yeah, Arjun, I think you nailed it.
Right About Now with Ryan Alford
Real American Business News: Tips for how Business's Should Navigate Tariffs - ESPN's Big Move Shifts Changing Media Landscape - The $97 Billion Industry Hiding in Plain Site
You know what the U.S. is? If you look at the global economy, I mean, the U.S. is the largest economy in the world. It has the largest influence in so many different business spaces, right? So you're talking about oil and gas, aviation, technology, right? It is the leader there. And For countries to ignore the United States, it's a death wish for them. So they do have to negotiate.
Right About Now with Ryan Alford
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The question is, how quickly are they looking to get a deal? I mean, there's already evidence that's coming out that, you know, shipping from China has been in the decline the last few weeks. Production as well. There's been a lot of cover-ups in terms of, you know, how idle the actual production facility is. And China's not the only one. There's other players... That have a lot at stake there.
Right About Now with Ryan Alford
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So what the United States decides has a significant impact on the global economy.
Right About Now with Ryan Alford
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Yeah. You know, I think I think the word is acknowledge our place. Right. And also to be able to be able to have the influence that we have so far. Right. Yeah. You know, the United States has a huge influence on the global economy. It's been in a certain structure so far. And, you know, just to be able to push that agenda forward is something that the administration is doing.
Right About Now with Ryan Alford
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depending on where it nets out, it's going to have a huge impact on the country. I mean, if you look at the news from last night, right, with the high-level trip to the Middle East, there's already trillions, and not even with a B, we're talking with a T, right, trillions of dollars of implications to U.S.
Right About Now with Ryan Alford
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businesses in terms of aviation, defense contracts, and other pledges that Saudi Arabia and some of the other countries have done. And, you know, that... in my mind, is just the starting point. I think it's only going to accelerate from this point onwards because as the world starts seeing the deals that the U.S.
Right About Now with Ryan Alford
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is doing with China, with India, with the Middle East, with the U.K., I mean, others are going to start following.
Right About Now with Ryan Alford
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It is. And, you know, like it's interesting, like there's certain countries that actually view it that way. Right. So I've done a lot of work in Singapore. I've done work in Dubai as well. You go talk to the government there. It's like walking into a business, you know, the Singaporean government offices. They look like a world class business.
Right About Now with Ryan Alford
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They sit down, they negotiate, they strike a deal and then they move on. Right. And I think we can take a lot of cues from these different countries out there. Yeah, it is exactly like a business and it should be run like that.
Right About Now with Ryan Alford
Real American Business News: Tips for how Business's Should Navigate Tariffs - ESPN's Big Move Shifts Changing Media Landscape - The $97 Billion Industry Hiding in Plain Site
You know, I think any prudent business at this point, recognizing you've got about 90 days or less to figure this out, you should be doing more gaming, which is what my book's about. So you basically role play different stakeholders in the marketplace. You do scenario planning as well. So I'll give you examples, right? So, you know, for a lot of companies and businesses,
Right About Now with Ryan Alford
Real American Business News: Tips for how Business's Should Navigate Tariffs - ESPN's Big Move Shifts Changing Media Landscape - The $97 Billion Industry Hiding in Plain Site
that are doing products, right? You've got supply chains. You've got to think about supply chains, realignment. Where do you start sourcing products from? Apple has already been proactive in their shifting all their production of iPhones from China to India, recognizing what's going on.
Right About Now with Ryan Alford
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I think that's step one, is to really look at your operations and look at where you may be the most exposed and build a plan B, a plan C, a plan D, right? So what if this happens? And work through scenarios such as, hey, what if our supply chains are suddenly impacted by 100% tariffs or more? What do we do? Where do we move our production to? How quickly can we do that?
Right About Now with Ryan Alford
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And then it gets into other issues. You've got pricing and profit margin erosion. So there's an element that's there. What if there are retaliatory tariffs or export challenges that you have? And then ultimately, you know, that will cascade down into workforce. Like, how does this affect, you know, your workforce?
Right About Now with Ryan Alford
Real American Business News: Tips for how Business's Should Navigate Tariffs - ESPN's Big Move Shifts Changing Media Landscape - The $97 Billion Industry Hiding in Plain Site
And I think one of the big other issues to really think about is, okay, what would you do from a cost pass-through perspective, right? So if you do end up with tariffs on your production, How do you pass those costs to your customers or do you not? And do you blame the tariffs or not? You know, there's already been some backlash.
Right About Now with Ryan Alford
Real American Business News: Tips for how Business's Should Navigate Tariffs - ESPN's Big Move Shifts Changing Media Landscape - The $97 Billion Industry Hiding in Plain Site
I think Amazon had some plans and others as well, like talking about like a tariff fee as well, right? So I think there's a multitude of dimensions to explore for businesses. I think this is the time to do it. You know, look at those varieties that are there, war game this situation and build a plan for situations that may occur, which we don't know if they will or not.
Right About Now with Ryan Alford
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Oh, you know what? Even if you're not directly impacted by the tariffs, you will be indirectly. And that's the part to really, really think about. Now, you know, the tariffs could actually be a positive for a lot of businesses as well, right? It may open up opportunities for exporting to certain areas. Certain components might become a lot cheaper.
Right About Now with Ryan Alford
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So a lot of companies, if you're getting components from your local distributors, they might be getting it from somewhere else. So it has indirect effects on there. And that's part of the whole process of understanding what that would look like. So what's your best case? What's your worst case? What's your base case? It's going to have an effect.
Right About Now with Ryan Alford
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And some of it actually, I think, will be positive for everyone.
Right About Now with Ryan Alford
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You know, I think it will, but I think it's going to be in a very different form to what manufacturing was previously, right? So low-value manufacturing in the last few decades went offshore, right? Because then the U.S. focused on other things. I think there'll be an element of a lot more meat in the U.S., I think, But the way that it's going to be done is going to be different.
Right About Now with Ryan Alford
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You know, it may be automated. There may be a huge element of technology and AI. And, you know, that's an area where the U.S. is at the forefront. U.S. technology is unsurpassed by anyone, right? And so when you start looking at automated manufacturing, right? So, you know, in a traditional factory, it's like 40 years ago, if you had to produce something and you needed 100 workers,
Right About Now with Ryan Alford
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You may only need five now, but it's five American jobs in conjunction with technology. And guess what? That technology is coming from the US as well. And, you know, so it kind of cascades down into not only just one operation, but a multitude of these operations.
Right About Now with Ryan Alford
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You know, if the stock market from yesterday and the day before is any indication, right, I think there's going to be bright times ahead. One scenario is that the U.S. starts having these these tariff negotiations very quickly and then they're concluded very quickly. So you'll start seeing like rebalancing in terms of.
Right About Now with Ryan Alford
Real American Business News: Tips for how Business's Should Navigate Tariffs - ESPN's Big Move Shifts Changing Media Landscape - The $97 Billion Industry Hiding in Plain Site
trade and those different pieces, and you'll start having stability very, very quickly. I think that's one kind of area. I think the other one is that it may drag on with certain countries a little bit longer than others, and that's going to be a rebalancing in terms of the United States dealing with those countries or not, right?
Right About Now with Ryan Alford
Real American Business News: Tips for how Business's Should Navigate Tariffs - ESPN's Big Move Shifts Changing Media Landscape - The $97 Billion Industry Hiding in Plain Site
But I think at the end of the day, if you look at the bargaining chips, they're really on the United States side, right? In terms of resources, capital, access to the United States market, right? All those different pieces. For any country to ignore that, it's going to be a huge, huge issue there, right?