Eric Bolling
👤 SpeakerAppearances Over Time
Podcast Appearances
Reciprocal. Problem is they didn't do that, Patch. What they did was they took a trade in balance with a country, for example China. $130 billion trade in balance, that's what they sell us more than we sell them. And they divided that number by the total export China into America, which is fine, but it's an equation. It has nothing to do with their tariff structure at all.
It's a trade imbalance number. And they came off, I think, 64%, and they said, oh, we're going to do 32%. They did that with every single country in the world. It had nothing to do with the actual tariffs. So they sold it as, we're going to raise our tariffs reciprocally, And when you lower country A, B or C, we will lower with you, which is great. That's fine. You want to play that game?
It's a trade imbalance number. And they came off, I think, 64%, and they said, oh, we're going to do 32%. They did that with every single country in the world. It had nothing to do with the actual tariffs. So they sold it as, we're going to raise our tariffs reciprocally, And when you lower country A, B or C, we will lower with you, which is great. That's fine. You want to play that game?
Wonderful. Then it became something different. Then it became, we're doing this to everyone and now we have 15 countries who want to negotiate. Now we have 150 countries that want to negotiate. And it became more about the world leaders coming to the Trump administration and begging for some relief, which isn't the real nature of it.
Wonderful. Then it became something different. Then it became, we're doing this to everyone and now we have 15 countries who want to negotiate. Now we have 150 countries that want to negotiate. And it became more about the world leaders coming to the Trump administration and begging for some relief, which isn't the real nature of it.
You want to play the tariff game, play it where the purpose is to lower tariffs completely, both directions. And I think they lost that script for a while. They're trying to get it back now. And then this whole idea of choosing certain industries to exempt from tariffs, not necessarily countries, but industries, chips, cell phones, computers, it just, I just don't like
You want to play the tariff game, play it where the purpose is to lower tariffs completely, both directions. And I think they lost that script for a while. They're trying to get it back now. And then this whole idea of choosing certain industries to exempt from tariffs, not necessarily countries, but industries, chips, cell phones, computers, it just, I just don't like
I'm a free market person, Patrick. The free market is what made this country number one, the greatest country on the planet, bar none. Because we have the most free business environment markets and the tariff disrupts that whole apple. Tom, your thoughts on this?
I'm a free market person, Patrick. The free market is what made this country number one, the greatest country on the planet, bar none. Because we have the most free business environment markets and the tariff disrupts that whole apple. Tom, your thoughts on this?
Ich möchte mich nicht überraschen, aber sie haben keinen Tarif und keine Schwierigkeit, in den Markt zu kommen. Sie haben keinen Tarif und keine Schwierigkeit, in den Markt zu kommen.
Ich möchte mich nicht überraschen, aber sie haben keinen Tarif und keine Schwierigkeit, in den Markt zu kommen. Sie haben keinen Tarif und keine Schwierigkeit, in den Markt zu kommen.
Sie haben keine Schwierigkeit, in den Markt zu kommen. will raise to you, oh, and they said we're going to be lenient and only do half. But the number they are using is the tariff that we're being charged and nothing to do with the tariff. And again, I'm putting this on Howard Lutnick, because this is Howard Lutnicks baby here and I've known that guy for 30 years.
Sie haben keine Schwierigkeit, in den Markt zu kommen. will raise to you, oh, and they said we're going to be lenient and only do half. But the number they are using is the tariff that we're being charged and nothing to do with the tariff. And again, I'm putting this on Howard Lutnick, because this is Howard Lutnicks baby here and I've known that guy for 30 years.
I wouldn't trust him to park my car over there. Only the best. Tell me why. You want me to tell you why? Trump brings in only the best. Only the best. Er war nicht am World Trade Center, als er in die Schule ging. Sein Bruder ist gestorben, 115 seiner Mitarbeiter sind gestorben. Die Familien seiner Mitarbeiter hatten kein Geld. Sie hatten kein Gesundheitsschutz.
I wouldn't trust him to park my car over there. Only the best. Tell me why. You want me to tell you why? Trump brings in only the best. Only the best. Er war nicht am World Trade Center, als er in die Schule ging. Sein Bruder ist gestorben, 115 seiner Mitarbeiter sind gestorben. Die Familien seiner Mitarbeiter hatten kein Geld. Sie hatten kein Gesundheitsschutz.
Sie mussten Howard Lutnick aussuchen, um Gesundheitsschutz zu bekommen. Correct me if I'm wrong, I mean, this is out there. But it's 25 years ago and people are like, oh, Howard Lutnick. They don't remember. Since then, my first experience with Howard Lutnick, because I was trading oil on the New York Mercantile Exchange, I was on the board.
Sie mussten Howard Lutnick aussuchen, um Gesundheitsschutz zu bekommen. Correct me if I'm wrong, I mean, this is out there. But it's 25 years ago and people are like, oh, Howard Lutnick. They don't remember. Since then, my first experience with Howard Lutnick, because I was trading oil on the New York Mercantile Exchange, I was on the board.
We were huge, we were growing, we were the premier oil trading platform in the world. For every single barrel of oil, price was discovered on the New York Merc, and it still is. I was a board member there. Howard calls from Canter before the World Trade Center comes down. He says, I'm going to put you guys out of business.
We were huge, we were growing, we were the premier oil trading platform in the world. For every single barrel of oil, price was discovered on the New York Merc, and it still is. I was a board member there. Howard calls from Canter before the World Trade Center comes down. He says, I'm going to put you guys out of business.
I'm developing an oil contract that is going to bury the New York mercantile exchange. So I went over there with a couple of other board members to have a nice conversation with them to see if there's a way we could all work together. To discover prices for oil. The more price discovery, the more people involved, the better.