Kenneth Raposa

So, just to explain to your audience, what we saw on Liberation Day, there was, if you assume this, a baseline tariff of 10%, okay? All countries, this is supposed to be non-negotiable. And then the tariff rose higher. So, other countries might have a 40% tariff, such as the case in Vietnam. 46%, I think it is.

So, just to explain to your audience, what we saw on Liberation Day, there was, if you assume this, a baseline tariff of 10%, okay? All countries, this is supposed to be non-negotiable. And then the tariff rose higher. So, other countries might have a 40% tariff, such as the case in Vietnam. 46%, I think it is.

So that might get negotiated lower because they might say, okay, you agreed to, I don't know, lower your tariffs on motorcycles. Wait, I'm just now making it up as if the Vietnamese are importing tons of Harley Davidsons. They could actually import a Harley Davidson from Thailand because Harley makes Harley Davidson in Thailand. So it's irrelevant even if they were to say something like that.

So that might get negotiated lower because they might say, okay, you agreed to, I don't know, lower your tariffs on motorcycles. Wait, I'm just now making it up as if the Vietnamese are importing tons of Harley Davidsons. They could actually import a Harley Davidson from Thailand because Harley makes Harley Davidson in Thailand. So it's irrelevant even if they were to say something like that.

So that might get negotiated lower because they might say, okay, you agreed to, I don't know, lower your tariffs on motorcycles. Wait, I'm just now making it up as if the Vietnamese are importing tons of Harley Davidsons. They could actually import a Harley Davidson from Thailand because Harley makes Harley Davidson in Thailand. So it's irrelevant even if they were to say something like that.

You'd be a fool if you fell for that. But they could say something like that, and Trump could probably fall for it. And then that tariff gets lowered, okay? That's a possibility. But there will be a limit, or there should be.

You'd be a fool if you fell for that. But they could say something like that, and Trump could probably fall for it. And then that tariff gets lowered, okay? That's a possibility. But there will be a limit, or there should be.

You'd be a fool if you fell for that. But they could say something like that, and Trump could probably fall for it. And then that tariff gets lowered, okay? That's a possibility. But there will be a limit, or there should be.

Because if Trump is going to say that tariffs are X on Monday, and now they're Y on the following Monday, meaning they're non-existent, that is not good for a business and market sentiment. Because business and market sentiment means certainty. If the market understands that tariffs are 10% period or 15% period, that's it, end of story, they can adjust to the new economic regime.

Because if Trump is going to say that tariffs are X on Monday, and now they're Y on the following Monday, meaning they're non-existent, that is not good for a business and market sentiment. Because business and market sentiment means certainty. If the market understands that tariffs are 10% period or 15% period, that's it, end of story, they can adjust to the new economic regime.

Because if Trump is going to say that tariffs are X on Monday, and now they're Y on the following Monday, meaning they're non-existent, that is not good for a business and market sentiment. Because business and market sentiment means certainty. If the market understands that tariffs are 10% period or 15% period, that's it, end of story, they can adjust to the new economic regime.

If they think that it's going to be 10% and then two weeks later it's going to be nothing and we're going to go back, it's too confusing and the market's going to be volatile.

If they think that it's going to be 10% and then two weeks later it's going to be nothing and we're going to go back, it's too confusing and the market's going to be volatile.

If they think that it's going to be 10% and then two weeks later it's going to be nothing and we're going to go back, it's too confusing and the market's going to be volatile.

And again, back to our widget factory, we're not going to know whether we should be buying more from Mexico or ending our relationship with our Vietnamese suppliers who we love and we love going to hang out with them in the summertime on the beaches in Vietnam, or if we should call our friend from college and tell him, hey, we'll pay the American price, which is a little bit more money for your widget.

And again, back to our widget factory, we're not going to know whether we should be buying more from Mexico or ending our relationship with our Vietnamese suppliers who we love and we love going to hang out with them in the summertime on the beaches in Vietnam, or if we should call our friend from college and tell him, hey, we'll pay the American price, which is a little bit more money for your widget.

And again, back to our widget factory, we're not going to know whether we should be buying more from Mexico or ending our relationship with our Vietnamese suppliers who we love and we love going to hang out with them in the summertime on the beaches in Vietnam, or if we should call our friend from college and tell him, hey, we'll pay the American price, which is a little bit more money for your widget.

Oh, yeah. Yeah. Yeah. And as I said in a Compact Magazine piece I did this week is that, you know, you could break out the Grizzly Cooler, which is made in the United States, or a Royal Master Grill, which is also made in the United States. Some of them anyway. Look at you. Look at you. Those are two very good puns. And they're not members of the coalition for fun.

Oh, yeah. Yeah. Yeah. And as I said in a Compact Magazine piece I did this week is that, you know, you could break out the Grizzly Cooler, which is made in the United States, or a Royal Master Grill, which is also made in the United States. Some of them anyway. Look at you. Look at you. Those are two very good puns. And they're not members of the coalition for fun.

Oh, yeah. Yeah. Yeah. And as I said in a Compact Magazine piece I did this week is that, you know, you could break out the Grizzly Cooler, which is made in the United States, or a Royal Master Grill, which is also made in the United States. Some of them anyway. Look at you. Look at you. Those are two very good puns. And they're not members of the coalition for fun.