Scott Besant

The Aston Business School modeled this, and earlier this week came out and said, in the event of a 20 to 25% U.S. tariff, and we're roughly talking about that across the board, if the EU and other countries retaliate, the loss to the global economy will be $1.4 trillion, that is trillion with a T, dollars to the global economy.

The Aston Business School modeled this, and earlier this week came out and said, in the event of a 20 to 25% U.S. tariff, and we're roughly talking about that across the board, if the EU and other countries retaliate, the loss to the global economy will be $1.4 trillion, that is trillion with a T, dollars to the global economy.

The tax burden, effective tax burden on the US taxpayers will be $6 trillion with a T. This is one of the most, in addition to being economically illiterate speeches, it is accompanied by one of the most economically damaging actions that have been taken since the last round of high tariffs, which was in the 1930s, which helped lead to the Great Depression.

The tax burden, effective tax burden on the US taxpayers will be $6 trillion with a T. This is one of the most, in addition to being economically illiterate speeches, it is accompanied by one of the most economically damaging actions that have been taken since the last round of high tariffs, which was in the 1930s, which helped lead to the Great Depression.

The tax burden, effective tax burden on the US taxpayers will be $6 trillion with a T. This is one of the most, in addition to being economically illiterate speeches, it is accompanied by one of the most economically damaging actions that have been taken since the last round of high tariffs, which was in the 1930s, which helped lead to the Great Depression.

Nothing eminent.

Nothing eminent.

Nothing eminent.

Again, I'm not part of the negotiations. So, you know, we'll see. I am sure that there are going to be a lot of calls. I just don't know if they're going to be negotiations.

Again, I'm not part of the negotiations. So, you know, we'll see. I am sure that there are going to be a lot of calls. I just don't know if they're going to be negotiations.

Again, I'm not part of the negotiations. So, you know, we'll see. I am sure that there are going to be a lot of calls. I just don't know if they're going to be negotiations.

I'm not sure.

I'm not sure.

I'm not sure.

Well, I think there have been a lot of discussions, but I think we're just going to have to wait and see what would happen. What I would say, Anne-Marie, is I would advise none of the countries to panic. I wouldn't Try to retaliate because as long as you don't retaliate, this is the high end of the number. And I think the market could have certainty that this is the number barring retaliation.

Well, I think there have been a lot of discussions, but I think we're just going to have to wait and see what would happen. What I would say, Anne-Marie, is I would advise none of the countries to panic. I wouldn't Try to retaliate because as long as you don't retaliate, this is the high end of the number. And I think the market could have certainty that this is the number barring retaliation.

Well, I think there have been a lot of discussions, but I think we're just going to have to wait and see what would happen. What I would say, Anne-Marie, is I would advise none of the countries to panic. I wouldn't Try to retaliate because as long as you don't retaliate, this is the high end of the number. And I think the market could have certainty that this is the number barring retaliation.

So we've got a ceiling and then we can see if there's a different floor.

So we've got a ceiling and then we can see if there's a different floor.

So we've got a ceiling and then we can see if there's a different floor.