Stu Burguiere
👤 SpeakerAppearances Over Time
Podcast Appearances
15%?
15%?
15%?
And this is why that policy is better than trying to tariff your way into the same solution. Because if you lower the rates, companies come because they want to come here because they have lower rates and getting the benefits of being in America. Obviously, you can find some really low rates in countries you don't want to necessarily be in. Yes. But to come to America, you get that rates.
And this is why that policy is better than trying to tariff your way into the same solution. Because if you lower the rates, companies come because they want to come here because they have lower rates and getting the benefits of being in America. Obviously, you can find some really low rates in countries you don't want to necessarily be in. Yes. But to come to America, you get that rates.
And this is why that policy is better than trying to tariff your way into the same solution. Because if you lower the rates, companies come because they want to come here because they have lower rates and getting the benefits of being in America. Obviously, you can find some really low rates in countries you don't want to necessarily be in. Yes. But to come to America, you get that rates.
You bring the companies here. So that's one of the goals, right? And then in addition, you get that tax revenue here, right? Yes. The issue with tariffs is you get one or the other. If your policy to bring people here succeeds, you lose the revenue from the tariffs. Correct. If you keep the tariffs high and get that revenue, they don't come back here. Correct. So that is why that policy gets both.
You bring the companies here. So that's one of the goals, right? And then in addition, you get that tax revenue here, right? Yes. The issue with tariffs is you get one or the other. If your policy to bring people here succeeds, you lose the revenue from the tariffs. Correct. If you keep the tariffs high and get that revenue, they don't come back here. Correct. So that is why that policy gets both.
You bring the companies here. So that's one of the goals, right? And then in addition, you get that tax revenue here, right? Yes. The issue with tariffs is you get one or the other. If your policy to bring people here succeeds, you lose the revenue from the tariffs. Correct. If you keep the tariffs high and get that revenue, they don't come back here. Correct. So that is why that policy gets both.
I mean, he said before that he would like all tariffs to be zero, even though he says also he really likes tariffs. I think he likes what they accomplish, not necessarily raising taxes on people. He doesn't like doing that, obviously. But he does like the idea of fairness.
I mean, he said before that he would like all tariffs to be zero, even though he says also he really likes tariffs. I think he likes what they accomplish, not necessarily raising taxes on people. He doesn't like doing that, obviously. But he does like the idea of fairness.
I mean, he said before that he would like all tariffs to be zero, even though he says also he really likes tariffs. I think he likes what they accomplish, not necessarily raising taxes on people. He doesn't like doing that, obviously. But he does like the idea of fairness.
And that's why the reciprocal tariffs, I think, really work for him, you know, where he can say, look, I'm not trying to tax you guys out. I don't want my people to pay more for stuff. What I want, though, is it to be fair. And that is something that's hard to argue with. It's hard to argue with. Again, you know, you can, but still. Oh, they will.
And that's why the reciprocal tariffs, I think, really work for him, you know, where he can say, look, I'm not trying to tax you guys out. I don't want my people to pay more for stuff. What I want, though, is it to be fair. And that is something that's hard to argue with. It's hard to argue with. Again, you know, you can, but still. Oh, they will.
And that's why the reciprocal tariffs, I think, really work for him, you know, where he can say, look, I'm not trying to tax you guys out. I don't want my people to pay more for stuff. What I want, though, is it to be fair. And that is something that's hard to argue with. It's hard to argue with. Again, you know, you can, but still. Oh, they will.
But it's a sensible thing because it also incentivizes them to lower theirs. You know, I mean, I think we can. We are the number two exporter in the world. Outside of China, we are the number two. We were number one for a long time. We're now number two. But it's not like we don't sell products to the rest of the world. There's no reason we should be penalized.
But it's a sensible thing because it also incentivizes them to lower theirs. You know, I mean, I think we can. We are the number two exporter in the world. Outside of China, we are the number two. We were number one for a long time. We're now number two. But it's not like we don't sell products to the rest of the world. There's no reason we should be penalized.
But it's a sensible thing because it also incentivizes them to lower theirs. You know, I mean, I think we can. We are the number two exporter in the world. Outside of China, we are the number two. We were number one for a long time. We're now number two. But it's not like we don't sell products to the rest of the world. There's no reason we should be penalized.
And there's no reason we should be penalized in a higher level than the people that are importing stuff to here. All right.
And there's no reason we should be penalized in a higher level than the people that are importing stuff to here. All right.