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James Altucher

πŸ‘€ Speaker
944 total appearances

Appearances Over Time

Podcast Appearances

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

And his argument is, oh, I just want fair trade. But he wants other things, too. He wants some strategic objectives. By the way, I'm not saying he's going to achieve those. We're just kind of getting into his mind right now. And like rather than rather than saying, oh, he's trying to destroy the country. This is what he's trying to do.

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

And his argument is, oh, I just want fair trade. But he wants other things, too. He wants some strategic objectives. By the way, I'm not saying he's going to achieve those. We're just kind of getting into his mind right now. And like rather than rather than saying, oh, he's trying to destroy the country. This is what he's trying to do.

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

And his argument is, oh, I just want fair trade. But he wants other things, too. He wants some strategic objectives. By the way, I'm not saying he's going to achieve those. We're just kind of getting into his mind right now. And like rather than rather than saying, oh, he's trying to destroy the country. This is what he's trying to do.

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

And then we have to decide whether he's going to say what he's trying to do.

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

And then we have to decide whether he's going to say what he's trying to do.

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

And then we have to decide whether he's going to say what he's trying to do.

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

Then there's a fourth thing, which is also to negotiate other strategic initiatives, like maybe like a bargaining chip. Yeah. So like with China, stop sending fentanyl into the US. Then we'll lower tariffs with Canada.

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

Then there's a fourth thing, which is also to negotiate other strategic initiatives, like maybe like a bargaining chip. Yeah. So like with China, stop sending fentanyl into the US. Then we'll lower tariffs with Canada.

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

Then there's a fourth thing, which is also to negotiate other strategic initiatives, like maybe like a bargaining chip. Yeah. So like with China, stop sending fentanyl into the US. Then we'll lower tariffs with Canada.

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

Well, China, they're getting it from China and Mexico is getting it from China. And this is from all the law enforcement agencies. Then then cartels that operate out of these two places on the border, they're sending it into the US. But it's all originating in China. So so that's why it's a negotiating stance for for Trump.

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

Well, China, they're getting it from China and Mexico is getting it from China. And this is from all the law enforcement agencies. Then then cartels that operate out of these two places on the border, they're sending it into the US. But it's all originating in China. So so that's why it's a negotiating stance for for Trump.

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

Well, China, they're getting it from China and Mexico is getting it from China. And this is from all the law enforcement agencies. Then then cartels that operate out of these two places on the border, they're sending it into the US. But it's all originating in China. So so that's why it's a negotiating stance for for Trump.

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

Well, I think with the strategic stuff, I think it's already happening. We've already seen negotiations with Canada, Mexico, and even China, and also these companies that are... Well, okay, let's talk about moving manufacturing in the U.S. I don't know how it's going to go in general, but we just see evidence that...

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

Well, I think with the strategic stuff, I think it's already happening. We've already seen negotiations with Canada, Mexico, and even China, and also these companies that are... Well, okay, let's talk about moving manufacturing in the U.S. I don't know how it's going to go in general, but we just see evidence that...

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

Well, I think with the strategic stuff, I think it's already happening. We've already seen negotiations with Canada, Mexico, and even China, and also these companies that are... Well, okay, let's talk about moving manufacturing in the U.S. I don't know how it's going to go in general, but we just see evidence that...

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

A, Apple, again, the $500 billion investment, then Intel and Taiwan Semiconductor. And then you look at 2018, roughly there was, they estimate about 30,000 new auto worker jobs were created in the US because of tariffs on cars on China or on Asia in general. And so there's evidence that that does bring, now, do we want manufacturing here?

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

A, Apple, again, the $500 billion investment, then Intel and Taiwan Semiconductor. And then you look at 2018, roughly there was, they estimate about 30,000 new auto worker jobs were created in the US because of tariffs on cars on China or on Asia in general. And so there's evidence that that does bring, now, do we want manufacturing here?

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

A, Apple, again, the $500 billion investment, then Intel and Taiwan Semiconductor. And then you look at 2018, roughly there was, they estimate about 30,000 new auto worker jobs were created in the US because of tariffs on cars on China or on Asia in general. And so there's evidence that that does bring, now, do we want manufacturing here?

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

I don't know, but there's evidence that it does bring manufacturing here. And so now, does it generate revenues? I actually don't think the tariffs are gonna generate much, in revenues. I think people will stop buying products that are too expensive. So then there's no tariffs. If you don't buy the foreign product, there's not going to be a tariff here.

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

I don't know, but there's evidence that it does bring manufacturing here. And so now, does it generate revenues? I actually don't think the tariffs are gonna generate much, in revenues. I think people will stop buying products that are too expensive. So then there's no tariffs. If you don't buy the foreign product, there's not going to be a tariff here.