E.J. Antoni

That's a ludicrous trade policy. It's not going to get us what we want, which is more free trade. That's the whole point of reciprocal tariffs. It's to force other nations to get rid of their tariff and non-tariff barriers so that just as foreign nations have access to our consumer markets, Our producers can have access to their consumer markets. That's the goal here.

That's a ludicrous trade policy. It's not going to get us what we want, which is more free trade. That's the whole point of reciprocal tariffs. It's to force other nations to get rid of their tariff and non-tariff barriers so that just as foreign nations have access to our consumer markets, Our producers can have access to their consumer markets. That's the goal here.

We want more free trade, not less. It's not that we're protectionists. It's that, again, we want true reciprocal free trade, free and fair trade, what some people call it. And the problem with how these tariffs are structured, because they're not actually looking at other nations' tariff and non-tariff barriers, is that we have imposed penalty rates on many countries who don't deserve them.

We want more free trade, not less. It's not that we're protectionists. It's that, again, we want true reciprocal free trade, free and fair trade, what some people call it. And the problem with how these tariffs are structured, because they're not actually looking at other nations' tariff and non-tariff barriers, is that we have imposed penalty rates on many countries who don't deserve them.

Why on earth is it we have a tariff rate on Israel that's almost twice as high as the one on Iran? Why is it that China has a tariff rate that's just, frankly, middle of the pack? They should have the highest rate among any nation because they engage in the most trade abuses, whether that's manipulation of the currency.

Why on earth is it we have a tariff rate on Israel that's almost twice as high as the one on Iran? Why is it that China has a tariff rate that's just, frankly, middle of the pack? They should have the highest rate among any nation because they engage in the most trade abuses, whether that's manipulation of the currency.

subsidizing industry and dumping artificially low-priced products in other countries' markets. You have slave labor. I can go on and on, whether it's currency manipulation, etc. The list just goes on and on when it comes to China and all of their unfair trade practices. And yet again, they have a middle-of-the-road tariff rate. So, The issue here is not the goal, right?

subsidizing industry and dumping artificially low-priced products in other countries' markets. You have slave labor. I can go on and on, whether it's currency manipulation, etc. The list just goes on and on when it comes to China and all of their unfair trade practices. And yet again, they have a middle-of-the-road tariff rate. So, The issue here is not the goal, right?

President Trump absolutely has the right goal. And I even think that his method, if you will, or his tactic of reciprocal tariffs was a good one. The issue here is how that was implemented. The issue here is that he has people within his administration who frankly have not served him well enough, who did not provide him with the reciprocal tariff schedule that That was promised.

President Trump absolutely has the right goal. And I even think that his method, if you will, or his tactic of reciprocal tariffs was a good one. The issue here is how that was implemented. The issue here is that he has people within his administration who frankly have not served him well enough, who did not provide him with the reciprocal tariff schedule that That was promised.

That's the issue here. And again, if you look at markets reaction, when it was first announced we were going to have this 10% across the board tariff, markets actually rallied initially. The futures markets went up, I think, about 1.5% on that news. But then all of a sudden, when this tariff schedule appeared. where it made absolutely no sense.

That's the issue here. And again, if you look at markets reaction, when it was first announced we were going to have this 10% across the board tariff, markets actually rallied initially. The futures markets went up, I think, about 1.5% on that news. But then all of a sudden, when this tariff schedule appeared. where it made absolutely no sense.

These numbers clearly did not come from tariff and non-tariff barriers. That's when futures started to tumble. And then we've had now three days, basically, where the markets have really taken it on the chin. Again, this all has to do with uncertainty. People don't know where we're going to go from here. And that's a problem.

These numbers clearly did not come from tariff and non-tariff barriers. That's when futures started to tumble. And then we've had now three days, basically, where the markets have really taken it on the chin. Again, this all has to do with uncertainty. People don't know where we're going to go from here. And that's a problem.

Well, I think one of the key things is going to be during these negotiating processes with different countries will be to come up with actual average effective tariff rates. So you look at a nation like Canada, look at all of their tariffs, but also their non-tariff barriers, their quotas, for example, that they put on things like American dairy products.

Well, I think one of the key things is going to be during these negotiating processes with different countries will be to come up with actual average effective tariff rates. So you look at a nation like Canada, look at all of their tariffs, but also their non-tariff barriers, their quotas, for example, that they put on things like American dairy products.

You know, that really hurts our dairy farmers. So figure out, okay, what is the mathematical equivalent in terms of an overall tariff in And so say to Canada, look, if you are willing to get rid of X, Y, and Z tariffs or non-tariff barriers that you currently have in place, we will reduce this tariff rate by a certain amount, okay? And that's your negotiating tool.

You know, that really hurts our dairy farmers. So figure out, okay, what is the mathematical equivalent in terms of an overall tariff in And so say to Canada, look, if you are willing to get rid of X, Y, and Z tariffs or non-tariff barriers that you currently have in place, we will reduce this tariff rate by a certain amount, okay? And that's your negotiating tool.

But the problem with, again, with the current tariff schedule, when there is no real relationship between those trade barriers and the rates, Some of these nations are coming to the negotiating table with their arms up in the air saying, we have no idea what we're supposed to do here. We have no idea how we can actually get these tariff rates down.

But the problem with, again, with the current tariff schedule, when there is no real relationship between those trade barriers and the rates, Some of these nations are coming to the negotiating table with their arms up in the air saying, we have no idea what we're supposed to do here. We have no idea how we can actually get these tariff rates down.