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Scott Lincecum

๐Ÿ‘ค Speaker
478 total appearances

Appearances Over Time

Podcast Appearances

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Reid Hoffman: Unlocking Limitless Human Possibilities With AI | Artificial Intelligence | E333

So some people look โ€“ because de minimis reform has been a thing that has been discussed for years now because of the kind of Sheehan and Timu taking advantage of this system, which by the way, again, just to be clear, was never a problem until we had all these tariffs in place, right?

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Reid Hoffman: Unlocking Limitless Human Possibilities With AI | Artificial Intelligence | E333

So some people look โ€“ because de minimis reform has been a thing that has been discussed for years now because of the kind of Sheehan and Timu taking advantage of this system, which by the way, again, just to be clear, was never a problem until we had all these tariffs in place, right?

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Reid Hoffman: Unlocking Limitless Human Possibilities With AI | Artificial Intelligence | E333

So some people look โ€“ because de minimis reform has been a thing that has been discussed for years now because of the kind of Sheehan and Timu taking advantage of this system, which by the way, again, just to be clear, was never a problem until we had all these tariffs in place, right?

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Reid Hoffman: Unlocking Limitless Human Possibilities With AI | Artificial Intelligence | E333

Well, this is what we're getting at. 30,000 new customs agents or more. Customs officials have said to Congress and whatever, the amount of resources it would need to actually inspect individual de minimis shipments is outrageous. It's crazy. They do inspect. They do a sampling system. They scan them. They do everything they can. Sure.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Reid Hoffman: Unlocking Limitless Human Possibilities With AI | Artificial Intelligence | E333

Well, this is what we're getting at. 30,000 new customs agents or more. Customs officials have said to Congress and whatever, the amount of resources it would need to actually inspect individual de minimis shipments is outrageous. It's crazy. They do inspect. They do a sampling system. They scan them. They do everything they can. Sure.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Reid Hoffman: Unlocking Limitless Human Possibilities With AI | Artificial Intelligence | E333

Well, this is what we're getting at. 30,000 new customs agents or more. Customs officials have said to Congress and whatever, the amount of resources it would need to actually inspect individual de minimis shipments is outrageous. It's crazy. They do inspect. They do a sampling system. They scan them. They do everything they can. Sure.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Reid Hoffman: Unlocking Limitless Human Possibilities With AI | Artificial Intelligence | E333

Well, this is what we're getting at. 30,000 new customs agents or more. Customs officials have said to Congress and whatever, the amount of resources it would need to actually inspect individual de minimis shipments is outrageous. It's crazy. They do inspect. They do a sampling system. They scan them. They do everything they can. Sure.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Reid Hoffman: Unlocking Limitless Human Possibilities With AI | Artificial Intelligence | E333

Well, this is what we're getting at. 30,000 new customs agents or more. Customs officials have said to Congress and whatever, the amount of resources it would need to actually inspect individual de minimis shipments is outrageous. It's crazy. They do inspect. They do a sampling system. They scan them. They do everything they can. Sure.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Reid Hoffman: Unlocking Limitless Human Possibilities With AI | Artificial Intelligence | E333

But there's been this, I mean, we're talking about, I seem to remember 4 million parcels a day crossing via the de minimis exception now. Now, again, I'll just put on my libertarian free trader hat and say, maybe it was actually better to have bulk shipments coming directly from China than having 4 million packages sent across from Mexico. But sorry, your tariffs have caused this big mess.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Reid Hoffman: Unlocking Limitless Human Possibilities With AI | Artificial Intelligence | E333

But there's been this, I mean, we're talking about, I seem to remember 4 million parcels a day crossing via the de minimis exception now. Now, again, I'll just put on my libertarian free trader hat and say, maybe it was actually better to have bulk shipments coming directly from China than having 4 million packages sent across from Mexico. But sorry, your tariffs have caused this big mess.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Reid Hoffman: Unlocking Limitless Human Possibilities With AI | Artificial Intelligence | E333

But there's been this, I mean, we're talking about, I seem to remember 4 million parcels a day crossing via the de minimis exception now. Now, again, I'll just put on my libertarian free trader hat and say, maybe it was actually better to have bulk shipments coming directly from China than having 4 million packages sent across from Mexico. But sorry, your tariffs have caused this big mess.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Reid Hoffman: Unlocking Limitless Human Possibilities With AI | Artificial Intelligence | E333

But there's been this, I mean, we're talking about, I seem to remember 4 million parcels a day crossing via the de minimis exception now. Now, again, I'll just put on my libertarian free trader hat and say, maybe it was actually better to have bulk shipments coming directly from China than having 4 million packages sent across from Mexico. But sorry, your tariffs have caused this big mess.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Reid Hoffman: Unlocking Limitless Human Possibilities With AI | Artificial Intelligence | E333

But there's been this, I mean, we're talking about, I seem to remember 4 million parcels a day crossing via the de minimis exception now. Now, again, I'll just put on my libertarian free trader hat and say, maybe it was actually better to have bulk shipments coming directly from China than having 4 million packages sent across from Mexico. But sorry, your tariffs have caused this big mess.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Reid Hoffman: Unlocking Limitless Human Possibilities With AI | Artificial Intelligence | E333

So this is tariffs 101, right? Tariffs, when you apply them to an input, fertilizer is an input. It's going to harm your downstream producers. Farmers are downstream producers. And tariffs always lead to cronyism and lobbying because everybody wants an exception or exemption or they want their own tariffs.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Reid Hoffman: Unlocking Limitless Human Possibilities With AI | Artificial Intelligence | E333

So this is tariffs 101, right? Tariffs, when you apply them to an input, fertilizer is an input. It's going to harm your downstream producers. Farmers are downstream producers. And tariffs always lead to cronyism and lobbying because everybody wants an exception or exemption or they want their own tariffs.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Reid Hoffman: Unlocking Limitless Human Possibilities With AI | Artificial Intelligence | E333

So this is tariffs 101, right? Tariffs, when you apply them to an input, fertilizer is an input. It's going to harm your downstream producers. Farmers are downstream producers. And tariffs always lead to cronyism and lobbying because everybody wants an exception or exemption or they want their own tariffs.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Reid Hoffman: Unlocking Limitless Human Possibilities With AI | Artificial Intelligence | E333

So this is tariffs 101, right? Tariffs, when you apply them to an input, fertilizer is an input. It's going to harm your downstream producers. Farmers are downstream producers. And tariffs always lead to cronyism and lobbying because everybody wants an exception or exemption or they want their own tariffs.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Reid Hoffman: Unlocking Limitless Human Possibilities With AI | Artificial Intelligence | E333

So this is tariffs 101, right? Tariffs, when you apply them to an input, fertilizer is an input. It's going to harm your downstream producers. Farmers are downstream producers. And tariffs always lead to cronyism and lobbying because everybody wants an exception or exemption or they want their own tariffs.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Reid Hoffman: Unlocking Limitless Human Possibilities With AI | Artificial Intelligence | E333

Well, for sure. Well, the last time Trump implemented a bunch of tariffs, there was an exemption process through both Commerce Department and USTR.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Reid Hoffman: Unlocking Limitless Human Possibilities With AI | Artificial Intelligence | E333

Well, for sure. Well, the last time Trump implemented a bunch of tariffs, there was an exemption process through both Commerce Department and USTR.