Gavin Bade

We have not heard as much from the Chinese government yet. I think they are playing their cards very, very close to the chest. By contrast, Canada and Mexico have had a much more forceful response.

We have not heard as much from the Chinese government yet. I think they are playing their cards very, very close to the chest. By contrast, Canada and Mexico have had a much more forceful response.

There's a lot of U.S. products that flow south of the border into Mexico as well. So, you know, and I think like thinking about your grocery store list, like a lot of that stuff is going to be impacted by the tariffs Trump put into place on Mexico.

There's a lot of U.S. products that flow south of the border into Mexico as well. So, you know, and I think like thinking about your grocery store list, like a lot of that stuff is going to be impacted by the tariffs Trump put into place on Mexico.

There's a lot of U.S. products that flow south of the border into Mexico as well. So, you know, and I think like thinking about your grocery store list, like a lot of that stuff is going to be impacted by the tariffs Trump put into place on Mexico.

I think a lot of people are still trying to sort through the magnitude, but they pretty uniformly say higher prices. And that means, you know, lower economic growth for the American economy.

I think a lot of people are still trying to sort through the magnitude, but they pretty uniformly say higher prices. And that means, you know, lower economic growth for the American economy.

I think a lot of people are still trying to sort through the magnitude, but they pretty uniformly say higher prices. And that means, you know, lower economic growth for the American economy.

Yeah, I mean, just off the top of my head, I mean, I just, I'm thinking about all of the kind of winter vegetables that we get in from Mexico, right? All of the tomatoes, all of the avocados, things like that. I'm thinking about how integrated the meatpacking industry is over the U.S.-Canada border and how many times, like, you know, a cow crosses the border multiple times between the U.S.

Yeah, I mean, just off the top of my head, I mean, I just, I'm thinking about all of the kind of winter vegetables that we get in from Mexico, right? All of the tomatoes, all of the avocados, things like that. I'm thinking about how integrated the meatpacking industry is over the U.S.-Canada border and how many times, like, you know, a cow crosses the border multiple times between the U.S.

Yeah, I mean, just off the top of my head, I mean, I just, I'm thinking about all of the kind of winter vegetables that we get in from Mexico, right? All of the tomatoes, all of the avocados, things like that. I'm thinking about how integrated the meatpacking industry is over the U.S.-Canada border and how many times, like, you know, a cow crosses the border multiple times between the U.S.

and Canada in a lot of cases before it's processed into whatever, a hamburger or beef jerky or whatever, right? Then thinking about automobiles, the average car will cross the U.S.-Canada border eight times right before it is actually a car. And every single time that automobile or that auto part crosses the border, it's going to need to get a tariff paid on it.

and Canada in a lot of cases before it's processed into whatever, a hamburger or beef jerky or whatever, right? Then thinking about automobiles, the average car will cross the U.S.-Canada border eight times right before it is actually a car. And every single time that automobile or that auto part crosses the border, it's going to need to get a tariff paid on it.

and Canada in a lot of cases before it's processed into whatever, a hamburger or beef jerky or whatever, right? Then thinking about automobiles, the average car will cross the U.S.-Canada border eight times right before it is actually a car. And every single time that automobile or that auto part crosses the border, it's going to need to get a tariff paid on it.

It could be really, really drastic, these impacts, right? I think the biggest question is how long do these tariffs stay in place? You know, a lot of continental industries, you know, especially like think about the automotive industry. They've been stockpiling cars in anticipation of this. So having, you know, getting cars on the dealership lots just so that they have some inventory.

It could be really, really drastic, these impacts, right? I think the biggest question is how long do these tariffs stay in place? You know, a lot of continental industries, you know, especially like think about the automotive industry. They've been stockpiling cars in anticipation of this. So having, you know, getting cars on the dealership lots just so that they have some inventory.

It could be really, really drastic, these impacts, right? I think the biggest question is how long do these tariffs stay in place? You know, a lot of continental industries, you know, especially like think about the automotive industry. They've been stockpiling cars in anticipation of this. So having, you know, getting cars on the dealership lots just so that they have some inventory.

that's going to last a couple weeks, right? Not more than that. And if these duties stay in place longer than that, we're looking at dramatically higher prices, not just for cars, but like for tomatoes, for meat products, right?

that's going to last a couple weeks, right? Not more than that. And if these duties stay in place longer than that, we're looking at dramatically higher prices, not just for cars, but like for tomatoes, for meat products, right?

that's going to last a couple weeks, right? Not more than that. And if these duties stay in place longer than that, we're looking at dramatically higher prices, not just for cars, but like for tomatoes, for meat products, right?