Kai Rizdahl

to see the rate that we're actually paying match that statutory rate, which just to remind people, the difference is 28%-ish, 27%-ish versus 14%, which we're paying.

Are they ever going to equalize?

Yeah.

And that case in the Supreme Court, maybe, maybe, maybe coming on Friday.

We don't know.

They said they're going to have a decision on something.

You obviously been doing this for a long time, general macroeconomic stuff.

And you went into this with a bunch of, you know, presuppositions and expectations.

Did did did your expectation did your results match your expectations?

Was there anything that surprised you?

This next question, which I promise will be the last one, is it ventures into the political.

But, you know, you've been around a long time.

You can probably answer it.

What do you expect going forward with tariffs?

Do you anticipate and the caveat here, of course, is that President Trump could wake up tomorrow and throw a whole new raft of these things on.

Do you expect, like the Federal Reserve, many on the Fed, that it will be a one time price increase?

Or do you expect these price increases to be lasting?

Halfway there.

All right.

Geeta Gobindath is a professor of economics at Harvard University.