Pete
๐ค SpeakerAppearances Over Time
Podcast Appearances
I think it also doesn't make sense as policy. A trade deficit may or may not be helpful to us economically. It's not just a simple thing like trade deficit bad. So what I'm saying is you use the tariffs in a much more targeted and specific way when you know that you either have that kind of unfair trade situation or
I think it also doesn't make sense as policy. A trade deficit may or may not be helpful to us economically. It's not just a simple thing like trade deficit bad. So what I'm saying is you use the tariffs in a much more targeted and specific way when you know that you either have that kind of unfair trade situation or
I think it also doesn't make sense as policy. A trade deficit may or may not be helpful to us economically. It's not just a simple thing like trade deficit bad. So what I'm saying is you use the tariffs in a much more targeted and specific way when you know that you either have that kind of unfair trade situation or
Or you're trying to protect a certain industry that you think is vulnerable domestically, right? But it's really important to know what you're doing or else a whole bunch of people get screwed in the process. Like the other day I was having breakfast in Michigan out and a couple of people came up to me. They were on a little shop that was right next to the breakfast place where I was eating.
Or you're trying to protect a certain industry that you think is vulnerable domestically, right? But it's really important to know what you're doing or else a whole bunch of people get screwed in the process. Like the other day I was having breakfast in Michigan out and a couple of people came up to me. They were on a little shop that was right next to the breakfast place where I was eating.
Or you're trying to protect a certain industry that you think is vulnerable domestically, right? But it's really important to know what you're doing or else a whole bunch of people get screwed in the process. Like the other day I was having breakfast in Michigan out and a couple of people came up to me. They were on a little shop that was right next to the breakfast place where I was eating.
And, um, the woman who runs it said, I'm not sure what we're going to do is like clothes, like bags and stuff. And they, they source stuff from, from all over the world. And she said, you know, we just put an order in, we don't even know how much it's going to cost us. And I don't know what I'm going to do for next month.
And, um, the woman who runs it said, I'm not sure what we're going to do is like clothes, like bags and stuff. And they, they source stuff from, from all over the world. And she said, you know, we just put an order in, we don't even know how much it's going to cost us. And I don't know what I'm going to do for next month.
And, um, the woman who runs it said, I'm not sure what we're going to do is like clothes, like bags and stuff. And they, they source stuff from, from all over the world. And she said, you know, we just put an order in, we don't even know how much it's going to cost us. And I don't know what I'm going to do for next month.
I got some inventory here I can use this month, but we're going to be screwed, especially if we don't even know how to plan. Cause the other thing you need to do. It's like any form of diplomacy. Like, you do shots across the bow. You make clear what, you know, if you do this, we're going to respond that way.
I got some inventory here I can use this month, but we're going to be screwed, especially if we don't even know how to plan. Cause the other thing you need to do. It's like any form of diplomacy. Like, you do shots across the bow. You make clear what, you know, if you do this, we're going to respond that way.
I got some inventory here I can use this month, but we're going to be screwed, especially if we don't even know how to plan. Cause the other thing you need to do. It's like any form of diplomacy. Like, you do shots across the bow. You make clear what, you know, if you do this, we're going to respond that way.
And there has to be some, like, logic to it or order to it if you want to shape the behavior of other countries, right? And what we're seeing instead is this, like, really, like, chaotic, like, grab-ass policy where, like, he changes his mind every couple of days on things, right? Yeah.
And there has to be some, like, logic to it or order to it if you want to shape the behavior of other countries, right? And what we're seeing instead is this, like, really, like, chaotic, like, grab-ass policy where, like, he changes his mind every couple of days on things, right? Yeah.
And there has to be some, like, logic to it or order to it if you want to shape the behavior of other countries, right? And what we're seeing instead is this, like, really, like, chaotic, like, grab-ass policy where, like, he changes his mind every couple of days on things, right? Yeah.
Um, and that makes it that much harder, especially if you're a small business or if you're a giant corporation, you have all kinds of hedges and like ways you can maneuver through this.
Um, and that makes it that much harder, especially if you're a small business or if you're a giant corporation, you have all kinds of hedges and like ways you can maneuver through this.
Um, and that makes it that much harder, especially if you're a small business or if you're a giant corporation, you have all kinds of hedges and like ways you can maneuver through this.
Hold it. Right now they're like picking and choosing what they're going to buy. Yeah, so now Apple doesn't have the tariffs.
Hold it. Right now they're like picking and choosing what they're going to buy. Yeah, so now Apple doesn't have the tariffs.