Victor Schwartz
speaker
31 appearances
2 recordings
2 series
first heard May 2025
last heard 21 Feb
Victor Schwartz’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Feb 2026 with 1.
Appearances
It's done. It's fixed. So the tariff liberation, quote unquote, liberation day, I call it strangulation day. So we had to really jump on this right away and try to make some decisions in a very unclear situation. So there's that. Plus, where is the tariff money going to come from? Those tariffs have to be paid up front.
As I put it, it's worse than a tax because a tax usually happens after the event. This happens before anything, before we sold a bottle. So even if our commander in chief says, it's not a big deal, just raise your prices. If I raise the price on a container, I don't see the revenue from that container for months down the road. We have to sell it all. We have to collect it all.
So where is that capital going to come from? It's a real problem. cash flow killer. That's the real challenge. And when you're a small business, cash flow is always a challenge.
I decided I had to step up. Yeah. I mean, it came to me in a sense. You know what I mean? I wasn't like I was looking for a law case. I want to be very clear about that.
I mean, when I first read the complaint, VOS Elections Inc. versus Trump et al., I laughed like a lunatic. I mean, in a sense, this is so crazy. This is not what I signed up for when I created my company 39 years ago.
I just wanted to find interesting wines that are really delicious, find a community of like-minded people on this side of the pond, and sell them these delicious wines and have a happy life. That's all I wanted to do. and not pay high tariffs for it. I am sure there are definitely some trade issues. I'm not, like, completely anti-tariff in some way.
But the fact is, it was not necessary for our industry, and certainly not across the board.
Like, don't count your chickens yet. I mean, I do think we're going to eventually win. We can't know. It'll probably go to the appellate court in D.C., right? That's the next step. We don't know how they will rule. Will the Supreme Court say, no, we're not going to touch it, or will they take it on? So many ifs. You can't plan on that. You can't plan on ifs.
No, we're planning on the tariffs being with us for a while. That's the sad truth of it. But we'll still enjoy the win for the time being.
Well, I was already in the middle of drinking it, but I had no problem finishing the bottle. And that was a beautiful Vermentino from Chateau de Roquefort, which is in Aix-en-Provence. You know, delicious wine. Went with my Vongole and Linguini very nicely. My wife and I toasted, and, you know, there you go.
Thanks. Bye-bye.
Showing 21–31 of 31 · page 2 of 2
← Previous