Gavin Bade
👤 SpeakerAppearances Over Time
Podcast Appearances
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?
I would say within a couple weeks, right, if not immediately. It depends on the goods. So, you know, I think it's difficult for me to say with certainty how long it's going to take because, as I said, we're really in uncharted territory here when it comes to this magnitude of tariffs being enacted this quickly. So all I can say is bad and soon.
I would say within a couple weeks, right, if not immediately. It depends on the goods. So, you know, I think it's difficult for me to say with certainty how long it's going to take because, as I said, we're really in uncharted territory here when it comes to this magnitude of tariffs being enacted this quickly. So all I can say is bad and soon.
I would say within a couple weeks, right, if not immediately. It depends on the goods. So, you know, I think it's difficult for me to say with certainty how long it's going to take because, as I said, we're really in uncharted territory here when it comes to this magnitude of tariffs being enacted this quickly. So all I can say is bad and soon.
Wow. I am just seeing this for the first time.
Wow. I am just seeing this for the first time.
Wow. I am just seeing this for the first time.
And that, dear listeners, is how fast things change in Washington in the second Trump administration. Things can turn on a dime here. You know, this is just, it's just emblematic of how unpredictable these things are.
And that, dear listeners, is how fast things change in Washington in the second Trump administration. Things can turn on a dime here. You know, this is just, it's just emblematic of how unpredictable these things are.
And that, dear listeners, is how fast things change in Washington in the second Trump administration. Things can turn on a dime here. You know, this is just, it's just emblematic of how unpredictable these things are.
Yes, and I think that that is, I mean, the threat of the tariffs in one form or another is going to remain on almost every nation throughout the world throughout Trump's term, right? Because if he gets mad at you, he's shown that he is willing to risk significant damage to the U.S. economy to make a point. And I think that's what he's doing here, right?
Yes, and I think that that is, I mean, the threat of the tariffs in one form or another is going to remain on almost every nation throughout the world throughout Trump's term, right? Because if he gets mad at you, he's shown that he is willing to risk significant damage to the U.S. economy to make a point. And I think that's what he's doing here, right?
Yes, and I think that that is, I mean, the threat of the tariffs in one form or another is going to remain on almost every nation throughout the world throughout Trump's term, right? Because if he gets mad at you, he's shown that he is willing to risk significant damage to the U.S. economy to make a point. And I think that's what he's doing here, right?