James Altucher

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.

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.

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.

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.

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...

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...

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...

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?

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?

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?

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.

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.

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.

So I don't think it's going to generate much in revenues. Maybe the 10% blanket tariff. So let's say we have $3.5 trillion worth of foreign imports. So a 10% blanket tariff would normally generate $350 billion annually. Maybe it'll, because fewer people will be buying foreign goods, maybe it'll go down to $250 billion in revenues annually, which is not bad, but it's not amazing.

So I don't think it's going to generate much in revenues. Maybe the 10% blanket tariff. So let's say we have $3.5 trillion worth of foreign imports. So a 10% blanket tariff would normally generate $350 billion annually. Maybe it'll, because fewer people will be buying foreign goods, maybe it'll go down to $250 billion in revenues annually, which is not bad, but it's not amazing.

So I don't think it's going to generate much in revenues. Maybe the 10% blanket tariff. So let's say we have $3.5 trillion worth of foreign imports. So a 10% blanket tariff would normally generate $350 billion annually. Maybe it'll, because fewer people will be buying foreign goods, maybe it'll go down to $250 billion in revenues annually, which is not bad, but it's not amazing.

I mean, personal income taxes generates $2.5 trillion in revenues for the US. So this blanket tariff will only alleviate 10% of that.

I mean, personal income taxes generates $2.5 trillion in revenues for the US. So this blanket tariff will only alleviate 10% of that.

I mean, personal income taxes generates $2.5 trillion in revenues for the US. So this blanket tariff will only alleviate 10% of that.

I agree. So other things that happened, and again, we can look at 2018, other things that happened is manufacturing spread out a little bit more. So instead of it all being in China, we went to Vietnam, we went to India, we went to places where we weren't putting on as high of a tariff, or we worked out deals to make the tariffs and duties lower.