Kenneth Raposa

And they are constantly being crushed by import penetration from around the world, from countries that no one can compete with because their wages are lower, not because they're being paid slave labor, but because their currency is worth The price of a seashell at a gift shop at Cape Cod in the summertime. So these are countries that you cannot compete with on labor alone.

Not only that, when you look at a country like China, they heavily subsidize industries that they see as being industries of the future and industries that they want to be dominant players in. you are not going to win that fight with the Chinese, period. So there is something you have to do.

Not only that, when you look at a country like China, they heavily subsidize industries that they see as being industries of the future and industries that they want to be dominant players in. you are not going to win that fight with the Chinese, period. So there is something you have to do.

Not only that, when you look at a country like China, they heavily subsidize industries that they see as being industries of the future and industries that they want to be dominant players in. you are not going to win that fight with the Chinese, period. So there is something you have to do.

You can either say, forget it, we're going to throw our hands up in the air and we're going to de-industrialize like the Europeans and the British. Or you could use tariffs and other measures because tariffs are not the sole solution. to do something about it and take action.

You can either say, forget it, we're going to throw our hands up in the air and we're going to de-industrialize like the Europeans and the British. Or you could use tariffs and other measures because tariffs are not the sole solution. to do something about it and take action.

You can either say, forget it, we're going to throw our hands up in the air and we're going to de-industrialize like the Europeans and the British. Or you could use tariffs and other measures because tariffs are not the sole solution. to do something about it and take action.

If you don't do anything about it, five, 10, 15 years from now, instead of 60% of the cars that are on the road in the United States being American made, it'll be 40%, 30%, until it's almost nothing. Because look at places like Korea, big car manufacturer in Korea. Everybody knows Hyundai and Kia. Those are the brands. I think it's 80% of cars on the road in Korea are made in Korea. Japan, 90%.

If you don't do anything about it, five, 10, 15 years from now, instead of 60% of the cars that are on the road in the United States being American made, it'll be 40%, 30%, until it's almost nothing. Because look at places like Korea, big car manufacturer in Korea. Everybody knows Hyundai and Kia. Those are the brands. I think it's 80% of cars on the road in Korea are made in Korea. Japan, 90%.

If you don't do anything about it, five, 10, 15 years from now, instead of 60% of the cars that are on the road in the United States being American made, it'll be 40%, 30%, until it's almost nothing. Because look at places like Korea, big car manufacturer in Korea. Everybody knows Hyundai and Kia. Those are the brands. I think it's 80% of cars on the road in Korea are made in Korea. Japan, 90%.

Okay? Great for them. Yep. So, the United States is just saying, you know something? I don't need to be 100% of our cars. How about if it's 75%? How about if it's 80? How about that? Can that possibly think? The United States doesn't even have an auto industry anymore because of free trade. We have a North American auto industry now. It's over.

Okay? Great for them. Yep. So, the United States is just saying, you know something? I don't need to be 100% of our cars. How about if it's 75%? How about if it's 80? How about that? Can that possibly think? The United States doesn't even have an auto industry anymore because of free trade. We have a North American auto industry now. It's over.

Okay? Great for them. Yep. So, the United States is just saying, you know something? I don't need to be 100% of our cars. How about if it's 75%? How about if it's 80? How about that? Can that possibly think? The United States doesn't even have an auto industry anymore because of free trade. We have a North American auto industry now. It's over.

And that's the reason why Trump can't even put tariffs on Mexico and Canada cars because it would totally destroy the auto industry because America doesn't have an auto industry anymore. It's the North American auto industry now. With Mexico and Canada, it's all entwined. You cannot take that apart without massive pain. So we already lost the auto industry in this country.

And that's the reason why Trump can't even put tariffs on Mexico and Canada cars because it would totally destroy the auto industry because America doesn't have an auto industry anymore. It's the North American auto industry now. With Mexico and Canada, it's all entwined. You cannot take that apart without massive pain. So we already lost the auto industry in this country.

And that's the reason why Trump can't even put tariffs on Mexico and Canada cars because it would totally destroy the auto industry because America doesn't have an auto industry anymore. It's the North American auto industry now. With Mexico and Canada, it's all entwined. You cannot take that apart without massive pain. So we already lost the auto industry in this country.

And the auto industry in this country is the center of the hub of automation. What's the industry that decides we're going to automate? How do you automate? It's the auto industry. It's not the guys who make fabrics. It's not the guys who make airplanes. It's the auto industry that taught us how to automate.

And the auto industry in this country is the center of the hub of automation. What's the industry that decides we're going to automate? How do you automate? It's the auto industry. It's not the guys who make fabrics. It's not the guys who make airplanes. It's the auto industry that taught us how to automate.

And the auto industry in this country is the center of the hub of automation. What's the industry that decides we're going to automate? How do you automate? It's the auto industry. It's not the guys who make fabrics. It's not the guys who make airplanes. It's the auto industry that taught us how to automate.

Well, again, a lot of the countries that we trade with, like let's look at the EU, for example, in the UK, their basic tariff was called the World Trade Organization, their baseline tariff. Let's say ours is 3.4%. Theirs might be, I think the UK is 3.9 or 4, and maybe the EU is 5. So it's not a huge difference.