Kenneth Raposa
👤 PersonAppearances Over Time
Podcast Appearances
tariffs is harder than rocket science, because rocket science, we know where we're going, and we could communicate with the Voyager 1 and Voyager 2 satellite right here from the United States, but yet we can't seem to figure out how to manage trade or how to tariff a certain country, so you have an industry in the United States. So it is a lot harder than rocket science.
tariffs is harder than rocket science, because rocket science, we know where we're going, and we could communicate with the Voyager 1 and Voyager 2 satellite right here from the United States, but yet we can't seem to figure out how to manage trade or how to tariff a certain country, so you have an industry in the United States. So it is a lot harder than rocket science.
tariffs is harder than rocket science, because rocket science, we know where we're going, and we could communicate with the Voyager 1 and Voyager 2 satellite right here from the United States, but yet we can't seem to figure out how to manage trade or how to tariff a certain country, so you have an industry in the United States. So it is a lot harder than rocket science.
Now, as far as the tariff story goes, there's three front strategy to Trump's tariffs, right? You have what I call the help a brother out tariff or the tariff threat, which you saw over the past two weekends, where Trump would say, we have a national emergency at the border with fentanyl and drugs.
Now, as far as the tariff story goes, there's three front strategy to Trump's tariffs, right? You have what I call the help a brother out tariff or the tariff threat, which you saw over the past two weekends, where Trump would say, we have a national emergency at the border with fentanyl and drugs.
Now, as far as the tariff story goes, there's three front strategy to Trump's tariffs, right? You have what I call the help a brother out tariff or the tariff threat, which you saw over the past two weekends, where Trump would say, we have a national emergency at the border with fentanyl and drugs.
We are asking you, you're our friends, you're Mexico, you're Colombia, we have a free trade agreement with you guys, we're asking you to help us out. You don't want to help us out? Okay, we're going to hit you with 25% tariffs and maybe you'll change your mind. They did change their mind.
We are asking you, you're our friends, you're Mexico, you're Colombia, we have a free trade agreement with you guys, we're asking you to help us out. You don't want to help us out? Okay, we're going to hit you with 25% tariffs and maybe you'll change your mind. They did change their mind.
We are asking you, you're our friends, you're Mexico, you're Colombia, we have a free trade agreement with you guys, we're asking you to help us out. You don't want to help us out? Okay, we're going to hit you with 25% tariffs and maybe you'll change your mind. They did change their mind.
So now there is no tariff and we have supposedly more policing at the border, we added the Colombians taking in their migrants, and we'll see how that goes over a month. That was the deadline that Trump gave to reassess the situation. That's one way that we're going to use tariffs. The other way is as a revenue, and that would be maybe a lower tariff of 10% to 15% across the board.
So now there is no tariff and we have supposedly more policing at the border, we added the Colombians taking in their migrants, and we'll see how that goes over a month. That was the deadline that Trump gave to reassess the situation. That's one way that we're going to use tariffs. The other way is as a revenue, and that would be maybe a lower tariff of 10% to 15% across the board.
So now there is no tariff and we have supposedly more policing at the border, we added the Colombians taking in their migrants, and we'll see how that goes over a month. That was the deadline that Trump gave to reassess the situation. That's one way that we're going to use tariffs. The other way is as a revenue, and that would be maybe a lower tariff of 10% to 15% across the board.
That would basically wipe out all the free trade agreements we have, because even Korea, which had a free trade agreement with the United States, would now be faced with tariffs for imports, whatever we import from Korea. And the idea there would be that the government is raising revenue, and that revenue would be used to...
That would basically wipe out all the free trade agreements we have, because even Korea, which had a free trade agreement with the United States, would now be faced with tariffs for imports, whatever we import from Korea. And the idea there would be that the government is raising revenue, and that revenue would be used to...
That would basically wipe out all the free trade agreements we have, because even Korea, which had a free trade agreement with the United States, would now be faced with tariffs for imports, whatever we import from Korea. And the idea there would be that the government is raising revenue, and that revenue would be used to...
enable the government to extend something like the Tax Cut and Jobs Act, or, of course, lower our fiscal budget deficit, which is about $2 trillion today. And then the third is what we heard out today, which is more of a balanced trade situation, right? And this would go after certain countries. We've already had this with China, for example, when Trump was elected the first time.
enable the government to extend something like the Tax Cut and Jobs Act, or, of course, lower our fiscal budget deficit, which is about $2 trillion today. And then the third is what we heard out today, which is more of a balanced trade situation, right? And this would go after certain countries. We've already had this with China, for example, when Trump was elected the first time.
enable the government to extend something like the Tax Cut and Jobs Act, or, of course, lower our fiscal budget deficit, which is about $2 trillion today. And then the third is what we heard out today, which is more of a balanced trade situation, right? And this would go after certain countries. We've already had this with China, for example, when Trump was elected the first time.
We have to ask on those guys. The balanced trade issue, which is what we've heard today from the White House, is where you're telling a country, look, We know that we're the big guys. We know that we're the consumers. We know that we love to shop till we drop in the United States. And there's never going to be equal trade among us, right? Because we're a bigger consumer than you are.
We have to ask on those guys. The balanced trade issue, which is what we've heard today from the White House, is where you're telling a country, look, We know that we're the big guys. We know that we're the consumers. We know that we love to shop till we drop in the United States. And there's never going to be equal trade among us, right? Because we're a bigger consumer than you are.