Don Bacon
👤 SpeakerAppearances Over Time
Podcast Appearances
But we are an export state. We're the world, we're the America's largest beef exporter for starters. And we're top five when it comes to pork, corn, soybeans, popcorn, ethanol. So we're an export state. State, export city. And I don't have a crystal ball. I mean, I hope it turns out well, so I have no idea. But I see a lot of risk.
But we are an export state. We're the world, we're the America's largest beef exporter for starters. And we're top five when it comes to pork, corn, soybeans, popcorn, ethanol. So we're an export state. State, export city. And I don't have a crystal ball. I mean, I hope it turns out well, so I have no idea. But I see a lot of risk.
When you lose $6 trillion in the stock market in two days, that says a lot. We've already seen a loss in customers when it comes to beef and popcorn. I've talked to the big exporters. And so these European markets have already shut themselves down. I don't think anybody wins in a trade war. And I don't know why we want to take on the entire world at once.
When you lose $6 trillion in the stock market in two days, that says a lot. We've already seen a loss in customers when it comes to beef and popcorn. I've talked to the big exporters. And so these European markets have already shut themselves down. I don't think anybody wins in a trade war. And I don't know why we want to take on the entire world at once.
When you lose $6 trillion in the stock market in two days, that says a lot. We've already seen a loss in customers when it comes to beef and popcorn. I've talked to the big exporters. And so these European markets have already shut themselves down. I don't think anybody wins in a trade war. And I don't know why we want to take on the entire world at once.
You know, I would have done this for surgically. I would have probably focused on China up front, maybe Russia with their behavior. I would have negotiated with Europe. Now, Europe doesn't have high tariffs. But they have a lot of rules. We can't find a way to get our beef, for example, in the European market because they put a lot of restrictions that make it very hard to get in.
You know, I would have done this for surgically. I would have probably focused on China up front, maybe Russia with their behavior. I would have negotiated with Europe. Now, Europe doesn't have high tariffs. But they have a lot of rules. We can't find a way to get our beef, for example, in the European market because they put a lot of restrictions that make it very hard to get in.
You know, I would have done this for surgically. I would have probably focused on China up front, maybe Russia with their behavior. I would have negotiated with Europe. Now, Europe doesn't have high tariffs. But they have a lot of rules. We can't find a way to get our beef, for example, in the European market because they put a lot of restrictions that make it very hard to get in.
So we should have these negotiations. But I know who our allies are and who our adversaries are. And so taking on the whole world seems very risky. Right. It's not wise to me. I like, if somebody's going to terrify us, I think we should have a level playing field. Sure. I think we've done enough analysis. A lot of the numbers that the White House used were not, actual tariff numbers.
So we should have these negotiations. But I know who our allies are and who our adversaries are. And so taking on the whole world seems very risky. Right. It's not wise to me. I like, if somebody's going to terrify us, I think we should have a level playing field. Sure. I think we've done enough analysis. A lot of the numbers that the White House used were not, actual tariff numbers.
So we should have these negotiations. But I know who our allies are and who our adversaries are. And so taking on the whole world seems very risky. Right. It's not wise to me. I like, if somebody's going to terrify us, I think we should have a level playing field. Sure. I think we've done enough analysis. A lot of the numbers that the White House used were not, actual tariff numbers.
They were fudged in a lot of ways. And so therefore, you can't just say it's a reciprocal tariff. They're not.
They were fudged in a lot of ways. And so therefore, you can't just say it's a reciprocal tariff. They're not.
They were fudged in a lot of ways. And so therefore, you can't just say it's a reciprocal tariff. They're not.
They have some pretty good legislative liaisons. There's three that I know of that we could call. I don't think they give us a heads up a whole lot, but the president himself told me when I was in the Oval Office, and we had two others of us in there, that he wanted to do reciprocal tariffs, that if somebody's putting a 5% tariff on us, we should do 5% back. Really, that's a hard one to attack.
They have some pretty good legislative liaisons. There's three that I know of that we could call. I don't think they give us a heads up a whole lot, but the president himself told me when I was in the Oval Office, and we had two others of us in there, that he wanted to do reciprocal tariffs, that if somebody's putting a 5% tariff on us, we should do 5% back. Really, that's a hard one to attack.
They have some pretty good legislative liaisons. There's three that I know of that we could call. I don't think they give us a heads up a whole lot, but the president himself told me when I was in the Oval Office, and we had two others of us in there, that he wanted to do reciprocal tariffs, that if somebody's putting a 5% tariff on us, we should do 5% back. Really, that's a hard one to attack.
Because I think we like having a level playing field. But I think we went way beyond that. I don't think we're doing, well, for example, Israel took off all their tariffs two weeks ago. And we put a hefty tariff on them after the fact. This is one example. Why are we doing tariffs on Canada when we have a trade deal with them and they're abiding by the trade deal?
Because I think we like having a level playing field. But I think we went way beyond that. I don't think we're doing, well, for example, Israel took off all their tariffs two weeks ago. And we put a hefty tariff on them after the fact. This is one example. Why are we doing tariffs on Canada when we have a trade deal with them and they're abiding by the trade deal?
Because I think we like having a level playing field. But I think we went way beyond that. I don't think we're doing, well, for example, Israel took off all their tariffs two weeks ago. And we put a hefty tariff on them after the fact. This is one example. Why are we doing tariffs on Canada when we have a trade deal with them and they're abiding by the trade deal?