May 3, 2025 • 47 mins
The Royce White Show on Real America's Voice | May 3rd is Tariff Day!
See omnystudio.com/listener for privacy information.
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
I will be your shoes in the fiercest battle lot
of things, you from those these arrows. In the third,
I will keep you from dangel sev she.
Speaker 2 (00:23):
First White is speaking truth to power.
Speaker 3 (00:27):
I mean we will not get bring right.
Speaker 4 (00:33):
You gona talk about the thread things. Okay, let me
let me what's wrong in this country is our sense
of American citizenship is lost.
Speaker 5 (00:45):
It's lost inconvenience. Convenience will be the death of freedom.
This is my show, and on my show, I can
show the conversation.
Speaker 6 (01:05):
Good morning, and welcome back to the Royce White Show.
Here on Real America's Voice. David Penn privileged to be
your guest host yet again on this May third, a
beautiful Saturday morning. In what a potent and special Saturday
morning it is today. Well, first, it's my mother's birthday
(01:28):
May third, Happy birthday, Mom. But in addition, this is
the day that President Trump's Automobile and Automobile Parts Executive
Order comes into play. Yes, this day, at twelve oh
one am, imports of automobile parts are being taxed tariffed
(01:54):
at a rate of twenty five percent. And boy, when
I want what's going on? When I look at acts,
when I listen to the pundits, it's lions and tigers
and bears. Oh my, the fear mongering is intense. Well,
let me just share some real with you because here
(02:16):
at Free People Radio, I'm coming to you from the
studios of Free People Radio here in Minneapolis, Minnesota, the
belly of the Beast, as Royce likes to say, we
have a tire business, tire get dot com. We actually
sell tires as a customer benefit. And I've been in
the tire business since nineteen seventy nine. Wow, that's a
(02:40):
minute or two. When I started in this tire industry,
every single tire that we used here in the United
States was produced here in the United and over the
course of my career, because of government policy bad policy
see United Nations policy, percent of the tires that you
(03:07):
use on your vehicles are now imported from country after
first Mexico and Canada, China, Cambodia, Vietnam, Thailand, Indonesia be
a pack or nationalized industry. And President Trump has said
(03:29):
that effective today, if it's an auto part, it's coming in.
And boy, they're saying, oh, the American people can't afford it,
You can't afford it. I can't afford it. Do you
have concerns about it? Well, let me put your concerns
at ease. There's truth that you can see from all
four street corners. If you're watching a car accident, what
(03:52):
street corner you're on is going to determine how you
see that accident. Or if you're judging a boxing match,
something I've done a lot of, they have judges because
they all see something different. And President Trump has said
those other countries are going to pay for this tax,
(04:13):
that we're not going to pay for it here, They're
going to pay for it, that prices go up and down,
and prices are not inflation, and boy, he gets pilloried.
I look at all the exposts, so oh my gosh,
and you're looking at it too. And we're worried about
paying for our daily needs. We have to toil for
(04:36):
our daily bread. We want to write price. I get it.
But here's what's really going on. Here's the real deal.
These tariffs in the tire business. I can speak about
the tire business because I know about it. I'm a
player in the game. They are being substantially offset by
(04:57):
the offshore suppliers, So that twenty five percent tax in
the tire business when the tires actually get in here
because of the supplier discounts, is somewhere between nine point
seven and twelve point five percent. Over half of the
tax is offset, just as President Trump promised, by the
(05:19):
suppliers in that offshore country. Then the tires come over here.
Guess what rate rates are dropping so that it's much
cheaper to get the product here. And then companies like
Tyre get absorbed even more of the tax, so that
the actual effect that you and I pay when we
(05:40):
go to the store. Yeah, there's a little bit of
an increase, but it's not twenty five percent. There are effects.
Mister producer, could you queue up and play clip number
one for us?
Speaker 3 (05:52):
You're really expecting a third of the traffic to drop
off next week?
Speaker 2 (05:56):
Good morning, Becky, And yes, that's right. According to our
own port optim my serve, which measures the loadings in Asia,
will be down just a little bit over thirty five
percent next week compared to last year. And it's a
precipitous drop in volume, with a number of major American
retailers stopping all shipments from China based on the tariffs.
Speaker 3 (06:16):
Yeah, the China piece of that is the most interesting,
that's where the shipments are basically ground to a haul.
Speaker 2 (06:22):
You said, yes, that's correct, and that makes up about
forty five percent of our business here in Los Angeles.
Speaker 5 (06:29):
Becky.
Speaker 2 (06:29):
Now, what we have heard in talking directly to CEOs
and senior executives of the shipping lines is they'll try
to add a couple of port calls in along the
Southeast Asia routes where cargo is still moving, albeit at
a ten percent tariff. But realistically speaking, until some accord
or framework can be reached with China, the volume coming
(06:51):
out of there, save a couple of different commodities, will
be very light at best.
Speaker 3 (06:56):
I was looking at the numbers and for the first
three months you are all handled about two and a
half million import containers. That's up fourteen percent year over year.
So how much of that was retailers and others trying
to really bring forward as much as they possibly could
ahead of these tariffs.
Speaker 2 (07:14):
A great majority of that volume was advancing inventory, and
that started last summertime, even during the campaign trail when
folks started talking about tearffs and trade policies. Some larger
retailers across a variety of sectors and manufacturing folks who
were bringing in parts and components started to advance that inventory.
(07:36):
So we had about nine months of a run up here,
and then this last burst in March really took us
to the end of what we call that inventory look
and now precipitous drop overall, and realistically, what we're going
to see next is that retailers have about five to
seven weeks of full inventories left and then the choices
(07:58):
will lessen.
Speaker 6 (08:00):
So there are effects. We are a country that has
become addicted to both materialism and foreign trade. We are takers.
How do I say takers? But we have a thirty
seven trillion dollar national debt and a one trillion dollar
(08:21):
trade deficit. That's like going to the doctor and say
what's the reading. It's like blood work, and what does
it tell me? We consume more than we produce. Let
me say that again, we take more than we give.
That's not a positive for the American people. And President
Trump is trying to change that. President Trump is asking
(08:45):
we the people to produce more than we consume so
that our country is prosperous again, so that our people
are rich again. There's only one real way to get rich,
and that's to create it, to work for it, to
produce it. When you financialize an economy, as President Nixon
(09:09):
did in nineteen seventy two under the tutelage of Henry
Kissinger and removed a US dollar from the gold standard,
ending the Breton Wood Agreement, we have a fiat currency
and every year we just print it and print it
and print it and print it and print it. That's
not wealth. That's an illusion. That is an illusion aimed
(09:34):
at keeping the guns blazon and the butter on the table.
But sooner or later that comes to an end. That
comes to a very ugly end. And President Trump knows this.
So he's trying with all his might, fighting the rhinos
in his own party, fighting all the Democrats who have
(09:56):
now united against him all of a sudden, Bernie sand
He's the end thing because they have those leftists have
a Donald Trump to unify to oppose. He's fighting every day,
he's fighting in every way to rebuild America's economy based
(10:17):
on work, productivity, creativity. And there's going to be some disruption,
there's going to be a transition. And the question we
have to ask ourselves as American citizens, do we have
the endurance, do we have the strength, the strength of
(10:38):
will to go through this change and get off of
this unholy addiction to materialism and imports and one world economy,
one world government. Can we reassert American sovereignty, American independence,
American self sufficiency. It's going to be up to you
(10:59):
and me. It's up to you. Do you have the strength?
Do you have the will to go through this difficulty
which is necessary and we have to be prepared for it.
I mean, I'm here. You know, people come on, they
want to give you, you know, flowers and sunshine. It's
beautiful Saturday. Everything's great. No, it's great because we're going
(11:22):
to make it great. We're going to have to work
on it together as an American community. And if the
only thing that matters is the price, if that's all
that matters, well you're a Marxist. Because we are Americans.
This is the land of the Free and the home
of the brave. And how are we going to maintain that? Well,
(11:43):
we're going to have to regain our republic. And that's
what we're working on. That's what we're doing here on
the Rice White Show. That's what we do at Free
People Radio, and that's what we do. I really America's voice.
Police stay tuned for these
I will be your shoes in the fiercest battle lot
of things, you from those these arrows. In the third,
I will keep you from dangel sev she.
Speaker 2 (00:23):
First White is speaking truth to power.
Speaker 3 (00:27):
I mean we will not get bring right.
Speaker 4 (00:33):
You gona talk about the thread things. Okay, let me
let me what's wrong in this country is our sense
of American citizenship is lost.
Speaker 5 (00:45):
It's lost inconvenience. Convenience will be the death of freedom.
This is my show, and on my show, I can
show the conversation.
Speaker 6 (01:05):
Good morning, and welcome back to the Royce White Show.
Here on Real America's Voice. David Penn privileged to be
your guest host yet again on this May third, a
beautiful Saturday morning. In what a potent and special Saturday
morning it is today. Well, first, it's my mother's birthday
(01:28):
May third, Happy birthday, Mom. But in addition, this is
the day that President Trump's Automobile and Automobile Parts Executive
Order comes into play. Yes, this day, at twelve oh
one am, imports of automobile parts are being taxed tariffed
(01:54):
at a rate of twenty five percent. And boy, when
I want what's going on? When I look at acts,
when I listen to the pundits, it's lions and tigers
and bears. Oh my, the fear mongering is intense. Well,
let me just share some real with you because here
(02:16):
at Free People Radio, I'm coming to you from the
studios of Free People Radio here in Minneapolis, Minnesota, the
belly of the Beast, as Royce likes to say, we
have a tire business, tire get dot com. We actually
sell tires as a customer benefit. And I've been in
the tire business since nineteen seventy nine. Wow, that's a
(02:40):
minute or two. When I started in this tire industry,
every single tire that we used here in the United
States was produced here in the United and over the
course of my career, because of government policy bad policy
see United Nations policy, percent of the tires that you
(03:07):
use on your vehicles are now imported from country after
first Mexico and Canada, China, Cambodia, Vietnam, Thailand, Indonesia be
a pack or nationalized industry. And President Trump has said
(03:29):
that effective today, if it's an auto part, it's coming in.
And boy, they're saying, oh, the American people can't afford it,
You can't afford it. I can't afford it. Do you
have concerns about it? Well, let me put your concerns
at ease. There's truth that you can see from all
four street corners. If you're watching a car accident, what
(03:52):
street corner you're on is going to determine how you
see that accident. Or if you're judging a boxing match,
something I've done a lot of, they have judges because
they all see something different. And President Trump has said
those other countries are going to pay for this tax,
(04:13):
that we're not going to pay for it here, They're
going to pay for it, that prices go up and down,
and prices are not inflation, and boy, he gets pilloried.
I look at all the exposts, so oh my gosh,
and you're looking at it too. And we're worried about
paying for our daily needs. We have to toil for
(04:36):
our daily bread. We want to write price. I get it.
But here's what's really going on. Here's the real deal.
These tariffs in the tire business. I can speak about
the tire business because I know about it. I'm a
player in the game. They are being substantially offset by
(04:57):
the offshore suppliers, So that twenty five percent tax in
the tire business when the tires actually get in here
because of the supplier discounts, is somewhere between nine point
seven and twelve point five percent. Over half of the
tax is offset, just as President Trump promised, by the
(05:19):
suppliers in that offshore country. Then the tires come over here.
Guess what rate rates are dropping so that it's much
cheaper to get the product here. And then companies like
Tyre get absorbed even more of the tax, so that
the actual effect that you and I pay when we
(05:40):
go to the store. Yeah, there's a little bit of
an increase, but it's not twenty five percent. There are effects.
Mister producer, could you queue up and play clip number
one for us?
Speaker 3 (05:52):
You're really expecting a third of the traffic to drop
off next week?
Speaker 2 (05:56):
Good morning, Becky, And yes, that's right. According to our
own port optim my serve, which measures the loadings in Asia,
will be down just a little bit over thirty five
percent next week compared to last year. And it's a
precipitous drop in volume, with a number of major American
retailers stopping all shipments from China based on the tariffs.
Speaker 3 (06:16):
Yeah, the China piece of that is the most interesting,
that's where the shipments are basically ground to a haul.
Speaker 2 (06:22):
You said, yes, that's correct, and that makes up about
forty five percent of our business here in Los Angeles.
Speaker 5 (06:29):
Becky.
Speaker 2 (06:29):
Now, what we have heard in talking directly to CEOs
and senior executives of the shipping lines is they'll try
to add a couple of port calls in along the
Southeast Asia routes where cargo is still moving, albeit at
a ten percent tariff. But realistically speaking, until some accord
or framework can be reached with China, the volume coming
(06:51):
out of there, save a couple of different commodities, will
be very light at best.
Speaker 3 (06:56):
I was looking at the numbers and for the first
three months you are all handled about two and a
half million import containers. That's up fourteen percent year over year.
So how much of that was retailers and others trying
to really bring forward as much as they possibly could
ahead of these tariffs.
Speaker 2 (07:14):
A great majority of that volume was advancing inventory, and
that started last summertime, even during the campaign trail when
folks started talking about tearffs and trade policies. Some larger
retailers across a variety of sectors and manufacturing folks who
were bringing in parts and components started to advance that inventory.
(07:36):
So we had about nine months of a run up here,
and then this last burst in March really took us
to the end of what we call that inventory look
and now precipitous drop overall, and realistically, what we're going
to see next is that retailers have about five to
seven weeks of full inventories left and then the choices
(07:58):
will lessen.
Speaker 6 (08:00):
So there are effects. We are a country that has
become addicted to both materialism and foreign trade. We are takers.
How do I say takers? But we have a thirty
seven trillion dollar national debt and a one trillion dollar
(08:21):
trade deficit. That's like going to the doctor and say
what's the reading. It's like blood work, and what does
it tell me? We consume more than we produce. Let
me say that again, we take more than we give.
That's not a positive for the American people. And President
Trump is trying to change that. President Trump is asking
(08:45):
we the people to produce more than we consume so
that our country is prosperous again, so that our people
are rich again. There's only one real way to get rich,
and that's to create it, to work for it, to
produce it. When you financialize an economy, as President Nixon
(09:09):
did in nineteen seventy two under the tutelage of Henry
Kissinger and removed a US dollar from the gold standard,
ending the Breton Wood Agreement, we have a fiat currency
and every year we just print it and print it
and print it and print it and print it. That's
not wealth. That's an illusion. That is an illusion aimed
(09:34):
at keeping the guns blazon and the butter on the table.
But sooner or later that comes to an end. That
comes to a very ugly end. And President Trump knows this.
So he's trying with all his might, fighting the rhinos
in his own party, fighting all the Democrats who have
(09:56):
now united against him all of a sudden, Bernie sand
He's the end thing because they have those leftists have
a Donald Trump to unify to oppose. He's fighting every day,
he's fighting in every way to rebuild America's economy based
(10:17):
on work, productivity, creativity. And there's going to be some disruption,
there's going to be a transition. And the question we
have to ask ourselves as American citizens, do we have
the endurance, do we have the strength, the strength of
(10:38):
will to go through this change and get off of
this unholy addiction to materialism and imports and one world economy,
one world government. Can we reassert American sovereignty, American independence,
American self sufficiency. It's going to be up to you
(10:59):
and me. It's up to you. Do you have the strength?
Do you have the will to go through this difficulty
which is necessary and we have to be prepared for it.
I mean, I'm here. You know, people come on, they
want to give you, you know, flowers and sunshine. It's
beautiful Saturday. Everything's great. No, it's great because we're going
(11:22):
to make it great. We're going to have to work
on it together as an American community. And if the
only thing that matters is the price, if that's all
that matters, well you're a Marxist. Because we are Americans.
This is the land of the Free and the home
of the brave. And how are we going to maintain that? Well,
(11:43):
we're going to have to regain our republic. And that's
what we're working on. That's what we're doing here on
the Rice White Show. That's what we do at Free
People Radio, and that's what we do. I really America's voice.
Police stay tuned for these
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!