Kenneth Raposa

Obviously, our dollar goes much farther in Mexico. If you want to build a beach house and we only have a million dollars, we're not going to be able to build it in Malibu, but we are going to be able to build it in Colombia or Margarita Island in Venezuela. That's for sure. Because the dollar is much stronger for us, it's much easier for us to import.

Obviously, our dollar goes much farther in Mexico. If you want to build a beach house and we only have a million dollars, we're not going to be able to build it in Malibu, but we are going to be able to build it in Colombia or Margarita Island in Venezuela. That's for sure. Because the dollar is much stronger for us, it's much easier for us to import.

If you want to have a strong dollar, you want to have the dollar be the world currency and the world reserve currency, then you have to have some sort of protection if you also want to have industry and people who produce things in the United States. Otherwise, as time goes on, as we have seen, it's going to be a market just increasingly penetrated by imports.

If you want to have a strong dollar, you want to have the dollar be the world currency and the world reserve currency, then you have to have some sort of protection if you also want to have industry and people who produce things in the United States. Otherwise, as time goes on, as we have seen, it's going to be a market just increasingly penetrated by imports.

If you want to have a strong dollar, you want to have the dollar be the world currency and the world reserve currency, then you have to have some sort of protection if you also want to have industry and people who produce things in the United States. Otherwise, as time goes on, as we have seen, it's going to be a market just increasingly penetrated by imports.

And that's going to lead to layoffs and more treatment centers in upstate New York and other areas instead of people working.

And that's going to lead to layoffs and more treatment centers in upstate New York and other areas instead of people working.

And that's going to lead to layoffs and more treatment centers in upstate New York and other areas instead of people working.

Well, the top downside to tariffs, of course, would be, let's say, for example, I'm an auto industry, right? And I have to import an engine from my contractor in Canada. Right now, it's duty-free. So now there's a tariff. I'm importing the engine. The guy I'm importing it from, the customs broker, is going to say, well, that $5,000 engine is now trapped at 25%.

Well, the top downside to tariffs, of course, would be, let's say, for example, I'm an auto industry, right? And I have to import an engine from my contractor in Canada. Right now, it's duty-free. So now there's a tariff. I'm importing the engine. The guy I'm importing it from, the customs broker, is going to say, well, that $5,000 engine is now trapped at 25%.

Well, the top downside to tariffs, of course, would be, let's say, for example, I'm an auto industry, right? And I have to import an engine from my contractor in Canada. Right now, it's duty-free. So now there's a tariff. I'm importing the engine. The guy I'm importing it from, the customs broker, is going to say, well, that $5,000 engine is now trapped at 25%.

You have to fork up that money ahead of time. Now, imagine if I'm importing 1,000 of those engines. Now, I've got to fork over hundreds of thousands, if not millions of dollars to pay for the tariff to my customs broker. Now, I might be able to reach an agreement with my customer on the other end, where I can say, what if I buy more volume, or can I take on a loan?

You have to fork up that money ahead of time. Now, imagine if I'm importing 1,000 of those engines. Now, I've got to fork over hundreds of thousands, if not millions of dollars to pay for the tariff to my customs broker. Now, I might be able to reach an agreement with my customer on the other end, where I can say, what if I buy more volume, or can I take on a loan?

You have to fork up that money ahead of time. Now, imagine if I'm importing 1,000 of those engines. Now, I've got to fork over hundreds of thousands, if not millions of dollars to pay for the tariff to my customs broker. Now, I might be able to reach an agreement with my customer on the other end, where I can say, what if I buy more volume, or can I take on a loan?

So the tab is a little less impacted than the 25%, meaning that $100 tab to 25% doesn't always mean that the good is going to be all of a sudden $125, is what I'm trying to say.

So the tab is a little less impacted than the 25%, meaning that $100 tab to 25% doesn't always mean that the good is going to be all of a sudden $125, is what I'm trying to say.

So the tab is a little less impacted than the 25%, meaning that $100 tab to 25% doesn't always mean that the good is going to be all of a sudden $125, is what I'm trying to say.

But for a company like that, like the auto industry in particular, that tab that sends things back and forth across the Mexican and Canadian border all the time, multiple times for the same item, it would be a big headache for those guys, for sure.

But for a company like that, like the auto industry in particular, that tab that sends things back and forth across the Mexican and Canadian border all the time, multiple times for the same item, it would be a big headache for those guys, for sure.

But for a company like that, like the auto industry in particular, that tab that sends things back and forth across the Mexican and Canadian border all the time, multiple times for the same item, it would be a big headache for those guys, for sure.