James Altucher
👤 PersonAppearances Over Time
Podcast Appearances
You gotta really show people that you're serious in a negotiation or else they take advantage. And I'm not talking about Trump, I'm just talking about every negotiation in the world. If you show you're scared and you're not afraid to do what you say you're gonna do, you're gonna lose the negotiation. So this is my theory of what Trump's doing. He said, let's just do this first.
You gotta really show people that you're serious in a negotiation or else they take advantage. And I'm not talking about Trump, I'm just talking about every negotiation in the world. If you show you're scared and you're not afraid to do what you say you're gonna do, you're gonna lose the negotiation. So this is my theory of what Trump's doing. He said, let's just do this first.
You gotta really show people that you're serious in a negotiation or else they take advantage. And I'm not talking about Trump, I'm just talking about every negotiation in the world. If you show you're scared and you're not afraid to do what you say you're gonna do, you're gonna lose the negotiation. So this is my theory of what Trump's doing. He said, let's just do this first.
And yeah, there's gonna be a lot of people afraid, including the leaders of foreign countries and the CEOs of major companies and the stock market, unfortunately. and then i'm just going to be silent for a while and and see what happens so we already see like hundreds of billions of dollars worth of announcements canada and mexico clearly are negotiating with us by the way in 2018
And yeah, there's gonna be a lot of people afraid, including the leaders of foreign countries and the CEOs of major companies and the stock market, unfortunately. and then i'm just going to be silent for a while and and see what happens so we already see like hundreds of billions of dollars worth of announcements canada and mexico clearly are negotiating with us by the way in 2018
And yeah, there's gonna be a lot of people afraid, including the leaders of foreign countries and the CEOs of major companies and the stock market, unfortunately. and then i'm just going to be silent for a while and and see what happens so we already see like hundreds of billions of dollars worth of announcements canada and mexico clearly are negotiating with us by the way in 2018
With Mexico, we put all these tariffs on. Then by 2019, all the tariffs were dropped. Mexico dropped all their tariffs against us.
With Mexico, we put all these tariffs on. Then by 2019, all the tariffs were dropped. Mexico dropped all their tariffs against us.
With Mexico, we put all these tariffs on. Then by 2019, all the tariffs were dropped. Mexico dropped all their tariffs against us.
Mexico and Canada. China, in 2020, agreed to spend $200 billion on purchasing stuff in the U.S. They agreed to start prosecuting theft of intellectual property, which was a big problem between China and the U.S. So with every country, we have strategic... and financial issues. And Trump is just laying it all out and putting it on the negotiating table.
Mexico and Canada. China, in 2020, agreed to spend $200 billion on purchasing stuff in the U.S. They agreed to start prosecuting theft of intellectual property, which was a big problem between China and the U.S. So with every country, we have strategic... and financial issues. And Trump is just laying it all out and putting it on the negotiating table.
Mexico and Canada. China, in 2020, agreed to spend $200 billion on purchasing stuff in the U.S. They agreed to start prosecuting theft of intellectual property, which was a big problem between China and the U.S. So with every country, we have strategic... and financial issues. And Trump is just laying it all out and putting it on the negotiating table.
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.
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.
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.
And then we have to decide whether he's going to say what he's trying to do.
And then we have to decide whether he's going to say what he's trying to do.
And then we have to decide whether he's going to say what he's trying to do.
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.
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.