April 9, 2025 • 36 mins
In hour 1 of the Clay Travis and Buck Sexton show, the hosts dive into a range of compelling topics, starting with Buck Sexton's impending fatherhood and the excitement surrounding the potential birth date. The conversation transitions to a detailed analysis of the ongoing trade wars, particularly focusing on the escalating tensions between the United States and China. Clay Travis discusses the impact of increased tariffs and the strategic leverage the U.S. holds due to China's export-dependent economy. Buck Sexton adds insights into the broader implications of these trade conflicts, including intellectual property theft and the geopolitical strategies at play.
The hosts also highlight comments from notable figures such as Victor Davis Hanson and Kevin O'Leary (aka Mr. Wonderful) who advocate for aggressive tariff policies against China. They explore the rationale behind tariffs and question why many countries, including China, maintain high tariffs if they are supposedly detrimental to economic growth. This segment underscores the complexity of global trade dynamics and the necessity for the U.S. to recalibrate its trade policies.
Additionally, the show touches on cultural influences, such as the portrayal of Asian characters in Hollywood movies and the impact of Chinese censorship on American media. The hosts discuss the broader cultural and economic implications of these trends, emphasizing the need for a strategic response to China's growing influence.
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Welcome in Wednesday edition Clay Travis Buck Sexton show. This
one could be Buck becomes a dad today. He is
here with us on potential birthday. We'll see, could be tomorrow.
Do you have a faith Obviously the labor process plays
in here, but do you have a preference April ninth,
(00:24):
April tenth to carry? Is there any sort of cosmological
connection here in any way?
Speaker 2 (00:30):
I have no idea.
Speaker 3 (00:31):
I'm not to like that on this I barely remember
my own birthday, so I'm not the guy to ask
about birthday stuff. But yeah, anything in April sounds nice.
So this is a big day all around. We are
continuing the trade wars since we now are CNBC and
Fox Business all rolled into one stock market flat as
(00:53):
we begin the show today, basically unmoved by and large
across the financial landscape. The S and P five hundred
up a tiny amount as I speak to you, the
Dow down a tiny amount.
Speaker 2 (01:07):
Not much movement going on there.
Speaker 1 (01:10):
There is, however, a lot of movement going on in
what essentially is boiling down to the United States versus China.
I would expect Buck, and I'm curious if you co
sign on this that countries like Japan and South Korea
and Australia and England and even much of Europe are
(01:30):
going to get resolved the new trade deals relatively quickly
in the grand scheme of things, that is, over the
next few weeks. And I think those will be beneficial
to the United States. I don't think they'll be transformative.
The real battle here, as we stare down what's coming
is the United States versus China, and how does this
(01:53):
situation resolve itself and how long does it take to
resolve itself. As we elevated our overall tariffs on China
to over one hundred percent, China has responded by increasing
the tariffs on the United States I believe roughly to
eighty percent. Now, given the fact that China has much
(02:14):
more of an export based economy, particularly in relationship to
the United States, than the United States does in relationship
to China, the pain in general should be felt on
China more than it's felt on the United States. That's
the negotiating leverage that Trump is that Trump is banking on.
(02:35):
If there are brilliant people out there who want to
disagree with that, you're welcome to call in eight hundred
two A two two eight A two. But China is
to a large extent and export focused economy, and they
have built a huge trade surplus against the United States.
Now there are certainly complicating factors in that. I believe
(02:56):
China has something like five trillion dollars in United States bonds,
which is it's probably trump card on some level, pardon
the pun from them. What would happen if they start
to liquidate a substantial amount of their treasury some suggesting
that's already potentially occurring, and that might be what's impacting
(03:19):
the bond market in general. Again, these are high level
discussions of exactly what is going to be done, but
so far China and the United States staring at each
other not blinking. Would you co sign on most of
that analysis? Do you think I'm missing anything from your perspective, Buck.
Speaker 3 (03:38):
No, I think that this is ultimately actually about a
China trade wark. That's really what the which if you
think about it in that context. It also makes a
lot of sense when you look back to the first
Trump term, and this I think would have been the
phase that he entered in twenty twenty had things gone differently.
I think this was always in his mind and the
(04:00):
first phase was just waking people up to what China
was doing, which is truly the greatest theft over decades,
not just of wealth but of intellectual property, which obviously
is wealth in the modern economy, and all kinds of
bad faith efforts and undermining a lot of US hegemony
(04:20):
wherever they can. So Trump has said enough is enough
as it pertains to China. I do think we'll get
deals with the other countries in place. And you know
Apollo Global Management's CEO for those who don't know Apollo
Global Management is it's a big time finance outfit. I
think they're private equity guys. So you know, they buy
huge companies, they turn them around, they sell them stuff
(04:43):
like that. But here is the CEO of that company,
who is I think saying something again. This is somebody
who manages billions and billions of dollars and has to
be right or else he loses his job, and he's
coming out and saying we need a reset.
Speaker 2 (04:58):
This is cut two.
Speaker 4 (05:00):
This is the second freest trading market in the world
financially after Japan, and is the freest trading market in
the world considering non tariff barriers. Why is that written
in Stuck. Why shouldn't we be the tenth or the twentieth.
The policies that have been in place since the end
of World War Two are not fit for today.
Speaker 1 (05:20):
I think that's well said, And Buck, I've got a
couple of more here that I thought were well said
that I sent into our producer, Greg because I thought
some of you out there, I understand this is complicated,
and probably a lot of you don't sit around on
a regular basis thinking about, say, tariffs, like you might
think about taxes, or economic growth or any other number
(05:41):
of issues that have been well discussed and debated for
decades in the United States. Here's Victor Davis Hansen asking
a question I thought, Buck, that we have asked, if
tariffs are so awful, how come so many countries have
tariffs in the first place? Why do these exist? I
thought this was well said by him. This is cut three.
Speaker 5 (06:01):
China has prohibitive tariffs, So does Vietnam, so does Mexico,
so does Europe, so do a lot of countries. So
does India. But if tariffs are so destructive of their economies,
why is China booming? How did India become an economic
powerhouse when it has these exorbitant teriffs on American imports.
(06:24):
How did Vietnam, of all places, become such a different
country even though it has these prohibitive tariffs. Why isn't
Germany before its energy problems. Why wasn't it a wreck?
It's got tariffs on almost everything that we send them.
How is the EU even functioning with these tariffs? I
thought tariffs destroyed an economy, but they seem to like them,
(06:47):
and they're angry that they're no longer asymmetrical. Apparently, are
people who are teriffing us think tariffs improve their economy?
Speaker 3 (06:57):
I thought that's all said, Well, this is what we've
been saying, and we never get I never hear an
answer to this. People just say tariffs are attacks, Tariffs
are born by the consumers, Tariffs are bad, Tariffs led
the Great Depression. They shout all this stuff, and I say,
why does every other country have tariffs? Yeah, we're the
only ones. And when it comes to being outliers, you know,
we're also the country that's supposed to pay the rest
(07:17):
of the world's bills. We're also the country that's supposed
to be the rest of the world's policemen and the
world's giant, world's biggest refugee camp with a wide open border. Right,
there are a number of areas in which the United
States is expected to bear a burden that other countries
are not. Well, are we bearing the burden of being
the only free trade country in the world. I totally
agree when Elon says we should get to zero tariffs
(07:41):
across the board. Yes, that is the goal. That would
be fantastic. It would be so much better. It's a
bit like saying, you know, wouldn't it be nice if
we could get rid of nuclear weapons. Sure, when everybody
else that we're worried about gets rid of their nuclear weapons,
we can get rid of nuclear weapons too, right, Why
would they keep them?
Speaker 2 (07:58):
But we get rid of them.
Speaker 3 (07:59):
That's what we've been doing, essentially in an economic front
with tariffs, and I still have not heard any the
answers you might hear about this clay or something like, oh,
the French want to protect their wine and their cheese
or something, you know, that's very dismissive of it. But well, no, no,
it's this is on American automobiles. This is on a lot. Yeah,
this is on you know, we're talking about the EU now,
(08:19):
and people are saying, all right, well, Canada, I saw this.
I'm saying, Canada's dairy tariff don't actually go into effect
if you hit us until you hit a certain level.
Speaker 2 (08:27):
Well, why have them at all?
Speaker 3 (08:28):
If free trade is so good, why have them at all? Right, Well,
at some level it must be because you're protecting your
own industry, because you recognize that wealth generation comes from
the exchange and the creation and exchange of goods and services.
It's not just we keep printing money to buy stuff
from everybody else.
Speaker 2 (08:45):
There's a lot of that going on here.
Speaker 1 (08:47):
Also, where the companies are base matters. I mean, I
would bet that the reason the Chinese dairy industry is
I mean, sorry, the Canadian dairy industry is protected, is
because they don't want America to be sourcing every element
of the dairy there, right, And so where the companies
are based is foundationally very important. Really, this is going
(09:09):
to boil down to the extent that it has not
already into US versus China. And I've heard some people
out there say that their criticism is actually that we
should just go full bore after China and not focus
on other countries as much. This is let's get try
to get mister Wonderful on. I think we had him
(09:30):
on recently, meaning in the last year or so, if
I'm not mistaken, but this was on CNN. I thought
this was really well said. He said we should put
a four hundred percent tariff on China because they're cheaters
on the global marketplace.
Speaker 2 (09:44):
Listen to cut for.
Speaker 6 (09:45):
One hundred and four percent tariffs and China are not enough.
I'm advocating four hundred percent. I do business in China.
Speaker 2 (09:52):
They don't play by the rules.
Speaker 6 (09:54):
They've been in the WHO for decades. They have never
abided by any of the rules they agreed to when
they came in for deca. They cheat, they steal, they
steal ip I can't litigate in their courts, never has
an administry and four or I want like Chia on
an airplane to Washington to level the playing field. It says,
not about tariffs anymore, it's time to squeeze Chinese heads
(10:18):
into the wall.
Speaker 1 (10:19):
Now, man, that is aggressive buck, But I do think
he's saying what a lot of American businessmen believe but
aren't willing to say because they work with China. I
was actually a little bit surprised because I can't imagine
that the business he does with China is going to
be helped by those comments. But this is what you
(10:40):
have to do. Sometimes you have to speak out against
your own interests because you recognize the larger interest is important.
Speaker 3 (10:46):
Well, I wonder how much business he's really doing in
China currently. That's point one on that. In point two,
mister wonderful Kevin O'Leary likes to get sound bites that
make their way across the Internet ecosystem and other shows
like this one. In a four hundred percent tariff, you know,
at some point if we push too hard on China,
I know you could say it's a negotiation tactic book.
(11:08):
We don't want to see them completely insane, right, because
they're What we want is for them to improve their behavior.
We don't actually just want to extend a single finger
in their direction and say that's the way it's going
to be going forward. Right, we would like to see China.
In fact, China's entrance into the WTO was premised on
them changing their behavior.
Speaker 2 (11:27):
Right.
Speaker 3 (11:27):
This is the which it's not hold. This is well said. Continue,
it's not that we want to be in a trade war.
You know, this is what China has decided to do.
China has and you'll get the Belton Road initiative. It's
it's like a mix of communism, authoritarianism, mercantilism. China has
been rapacious when it comes to trade globally and has
(11:49):
not become any more liberal as it has become a
whole lot more wealthy. China is a was a desperately
poor country really up until the nineteen eighties. And people
forget them that the biggest famine in the history of
the world occurred in China right around nineteen.
Speaker 2 (12:03):
Sixty in world history.
Speaker 3 (12:06):
Okay, tens of millions of people starve to death in
that country. I think people now we all think of
China as a billion people and a huge economy and
robotics and Ai clay. China has done this in the
last forty years.
Speaker 1 (12:20):
What I think is important about what you said is
because I've heard this argument for sports for a long time. Well,
if we go take our basketball to China, if we
take the Olympics to China, they're going to start to
play by our rules. We will see them democratize, we
will see them join more the Western world. Actually, that
(12:41):
hasn't happened at all. In fact, they've tried to impact
the Western world with Chinese values, and I think you
can see this in a big way. We talked about
this before, but I think it's very important. You know how,
there's no bad Asian guys in movies anymore. Every bad
think about this, like every James Bond movie, every mission
and possible, the bad guys are always people with kind
(13:03):
of a Russian Ish accent.
Speaker 2 (13:05):
And if you go back and.
Speaker 1 (13:06):
You study it, do you remember when they remade the
great movie Red Red Dawn. Yeah, of course they remade
the entire movie because initially China invaded Us, and then
in order to get the movie released in the time,
they had to go back in. This is crazy, but
they did this. They digitally altered the entire Chinese army
(13:28):
to make it North Korea that invaded the United States
because Warner Brothers, I believe, who was distributing the film
or Paramount, was too afraid of angering China by having
China be the bad guys in a movie. And one
of the threats they just made buck is We're not
gonna let American movies come into China anymore.
Speaker 2 (13:47):
It's clay.
Speaker 3 (13:48):
The theft of intellectual property that's been going on for decades.
It's worse than what the KGB was able to do
during the height of the Cold War, because at least
we have cyber attacks going on all the time based
in China stealing our most sensitive technology. We have, our
universities are penetrated by Chinese agents all over the place.
Everybody knows this, the FBI knows this. But there's all
(14:09):
this sensitivity around actually treating a particular nationality as a
wellspring of adversaries, which unfortunately is the case with China currently,
and some people have just decided in our government that
enough is enough, that this is not the way it
is supposed to or it should continue on.
Speaker 2 (14:29):
So this is where the friction is. Right.
Speaker 3 (14:32):
This is not going to be easy or perfect. It's
only been a few days. I think people need to
strap in. This is not going to get easier anytime soon.
I don't see Trump backing off the China part of it.
I do hope that as the deals with Japan and
South Korea and the EU get ironed out and there's
a normalization there, everyone realizes, Okay, now we really have
(14:54):
to focus on the big challenge, and there'll be a
clarity about what that really is. But once again, Trump,
even if he's a little sometimes rough on the execution
in the early stages of something, on the big issues,
on the big think, he tends to nail it all right. Look,
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Speaker 2 (16:44):
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sounded so good.
Speaker 1 (16:52):
Find them on the free iHeartRadio app or wherever you
get your podcasts.
Speaker 2 (16:56):
All right, welcome back into Clay en Buck.
Speaker 3 (16:58):
Just quick update of where we're going here before we
dive back into tariffs, which is on everybody's mind. I
think it's clear that this for a lot of people
seems like and I don't mean today or the market
price tomorrow, but this whole gambit of tariffs is like
a roll of the dice of the Trump administration that
will determine a lot. If this works, it's incredible. If
(17:22):
it sort of works, okay, fine, If it fails, it's
going to cause problems for the administration on other issues
because of the I think loss of political capital. So
we'll see. But we're gonna be joined here. By the way,
I still have total faith it's going to be fine.
Everyone should relax. But Art Lafer, doctor Art Laffer, will
be with us talking about all this stuff. You know,
the Laugher Curve guy knows economics. And then Julie Kelly
(17:45):
will be with us. And you know, maybe we should
invite mister Wonderful on too, because he.
Speaker 2 (17:50):
Was he was fired up before.
Speaker 3 (17:51):
Let's I'm sure he likes a microphone. I'm sure he'll
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Speaker 2 (18:58):
Back in Clay Travis Buck. Second Show.
Speaker 1 (19:01):
I saw a buck that you put up on social
media and ask for advice, and it's you've been flooded
with new dad advice.
Speaker 2 (19:08):
When are you sticking? Yeah?
Speaker 1 (19:10):
Are you sticking to taking your own bed and blowing
it up?
Speaker 2 (19:14):
Is this listen? Like you're all in on this move.
Speaker 3 (19:17):
I shared with you my my little air mattress and
my my uh you know, packable sleeping bag. I'm ready
to go, baby.
Speaker 1 (19:25):
Did anybody say anything in your request for new dad
advice that you found to be particularly helpful in going
through and.
Speaker 2 (19:35):
Looking at some of dimensions.
Speaker 3 (19:38):
I mean, it's all, it's all helpful. Mostly, it's just
about by the way Clay is now now that I'm
getting ready for liftoff here later today tonight, he's telling
me like the you know what to really expect, and
it's starting to feel a little bit like I'm new
at like the trench in World War One, and he's
telling me, you know what it's gonna be like the
first time we go up and over, I'm like, whoa,
(19:59):
this is gonna be this.
Speaker 2 (20:00):
Is gonna be RD.
Speaker 1 (20:00):
I can't tell anybody who hasn't had a kid what
having a kid is like, because it's so much.
Speaker 2 (20:07):
There is no like people say, and.
Speaker 1 (20:10):
You guys have a dog, and that, you know is nice,
but it is nothing or cats or whatever else it's nice.
I mean people who say, like, I'm getting a dog
so we could be ready to have a baby. That's
like saying, you know, I went for a walk so
I could prepare for the hundred mile Ultra marathon, right,
Like you're really not getting like, yes, there is elements
(20:34):
of having a dog that teach you some measure of responsibility.
But dogs are pretty self functional and babies are not
for a while, so the uh, the process is very
much different.
Speaker 3 (20:48):
We have to keep ginger as much as my beautiful
wife has to groom her all the time. Our Australian
labordoodle is very fluffy and very pretty. We have to
keep her from finding like raccoon or cato in the
park and rolling around in it. So I recognize there
are different challenges when you have a dog versus when
you have a child. So that's something else that we
(21:08):
have to I have no idea why she does that,
by the way, Otherwise we think I think she's very smart,
like she's the dog is very emotionally in tune with
a lot of things going on. But then she's like,
oh mud, let me just roll around in mud and
be filthy and smelly.
Speaker 2 (21:22):
So you know who knows? No, it is it is.
Speaker 1 (21:27):
It is gonna be fun and it's gonna be interesting
for you and Carrie and you're gonna be ecstatic. And
but again, I just don't think for anybody out there
who's had that first child, I just don't think you
can really prepare now when you have second, or third
or fourth, Like you've been through it, you know exactly
what to kind of expect. But uh, but I think
it's gonna be first of all, you don't really know
(21:48):
you're getting. It's a little bit different because you don't
have the panic of the dad, where like for our
first I was like at three am, Lar just came
in and she's like, I think my water just broke,
and it was like two weeks early, and I'm like,
oh wow, like you know, okay, it's it's go time.
And then you're panicked and you're running and get in
the car and bags and everything else, Like from the
(22:11):
third one was induced.
Speaker 2 (22:12):
For us.
Speaker 1 (22:13):
At least you have like the non frenzied preparation, which
I do think is helpful because you can be like, Okay,
now we're gonna go, you know, fill the car up
with this, and then we're gonna drive in. Like I
think that's a good good way to go.
Speaker 3 (22:26):
A lot of people told me to bring comfortable clothing,
and shoes, which is all that I own, snacks and
an iPhone charger, so I said, don't worry, I've got
all these this this I have covered iPhone chargers.
Speaker 2 (22:38):
Big.
Speaker 1 (22:38):
I think figuring out with her how do you want
to handle in laws and also her parents, because it's
you know, like when are you going to call them
and let them know because they could be at the
air They could be at the waiting room for hours
and hours. Like that's a I'm sure there's a lot
of grandparents out there that know, hey, the process has started,
(22:59):
but you I don't know what time you're going to
get to the hospital. Some people want mom there. I
don't think dad's usually there, but some people might want mom.
Speaker 2 (23:07):
Some people might not.
Speaker 1 (23:08):
Like these are a lot of things that I think
the women have to decide because we're of secondary importance. Also,
I think you will find it even funnier on the
humor side once you have had a baby. The idea
that may Or Pete and his male partner got their
picture taken in the delivery bed holding a baby is
(23:32):
going You're gonna be like, this is the most this
is the craziest, Like neither one of them had anything
to do with it. Mom's doing all the work. We
don't even know who birthed their baby. And then the
two of them climbed into a bed, a hospital bed
together to hold the baby and have a picture taken.
Is one of the weirdest things that any political figure
has done, in my opinion, in the modern era, right, Like,
(23:54):
what in the world were they thinking, Hey, let's go
get in a hospital bed which neither of you used,
and neither of you had any necessity to use to
have a picture taken with a baby that neither of
you had. Like, you're gonna like, I think again, because
the first photo of the baby everything else with with mom.
Speaker 3 (24:13):
Did you see Jesse Kelly and Amy who has Jesse
has two boys? I think right, he's got two joys.
And he gave me very helpful advice. He said, make
sure that the focus is on you, that you're high
grated that Carrie's there to support you, because you're gonna
be going through a lot.
Speaker 2 (24:27):
You know.
Speaker 3 (24:28):
It was very It was funny is that some people
thought he was being serious because of jesse humor, and
I had to be like, no, no, no, he's kidding, he's kidding,
you know, to him.
Speaker 2 (24:35):
After he said that I saw.
Speaker 1 (24:37):
Course, I actually saw Matt Walsh said for you to
bring headphones so the yelling didn't influence, didn't.
Speaker 3 (24:45):
He doesn't disturb my sleep. Yeah, that I could sleep
through the birth. Yes, thank you Matt Walsh for the
very health. Matt has six kids. My friend Matthew Marsden,
who's a podcaster who was also an actor. He's in
like black Hawk Down and some other some other great stuff.
He's got to think nine kids, which is that may
be the record safe from my mind?
Speaker 2 (25:04):
Yes?
Speaker 3 (25:05):
Oh yes, yeah, like not an Elon. As much as
we love Elon, Elon's a little non traditional on this front. Clay,
do you want to tell everybody the economy is not
going to employ weight? No first talkbacks on dad advice.
We'll take some of those, because a lot of you
have dad advice. So but by the way, not dad advice.
Like I'm gonna I know how to throw the baseball
(25:25):
to him. I'm gonna teach him how to shoot and
how to fish, and I know what to do a lot.
Speaker 2 (25:29):
I mean, like get me through the next ninety days. Guys.
Speaker 3 (25:33):
Okay, I'm going into I'm going into battle here. I
don't need to you don't tell somebody who's going up
and over the first time. Hey, here's how you survive
on your fourth tour.
Speaker 2 (25:42):
I need that.
Speaker 3 (25:43):
I'm fine with. I need to get through the next
ninety days. So that kind of dad advice on the
talkbacks are on the phones. And now Clay solved the
global economic problems that we face.
Speaker 1 (25:53):
Look, so here's what I would say on a positive level,
buy and large. Monday, Tuesday, and now Wednesday, the stock
wall has stabilized and does not appear to be, you know,
moving like a gyroscope as much as it was on
Thursday and Friday. Now, I know on Monday there were
rumors that kind of sent the stock market a flutter.
Tuesday and Wednesday has been calmer in terms of the
(26:15):
overall movements. I think what Wall Street is becoming aware of.
So here's my Here would be my advice. Not that
the Trump team's gonna ask me for economic advice in
any way, but what I would do is I would
start to roll out new agreements and I would get
a deal done with South Korea. I would get a
deal done with Japan. I would get a deal done
(26:36):
with England. I would get a deal done with Australia,
typical American allies, go ahead and get those deals done
and start checking them off the proverbial list, and go
on and move down that list because many of these
countries that we put tariffs on, I think we put
tariffs on in Gola for instance, like the Angola trade relateationship.
(27:00):
Somebody can look it up in the New York studio.
The country is not wealthy enough to have a massive
trade relationship with the United States in any kind of
substantial way. Whatever we do with Angola is not going
to move global markets in any way. So I think
you get allies done. I think you do small countries.
I think you get all those done, wrapped up, make
a deal of each of them. And then I think
(27:22):
if I were if I were Trump, if I were
advising Trump, I would tell him to just acknowledge what
is I think the fundamental truth here. This is about China,
and we're trying to reset a generational trade imbalance that
has artificially inflated China's economy and hurt ours. And really
(27:43):
that is where this global trade battle is really going
to play itself out. And I think that's the story here.
Because you pointed out some of these places we should
have no tariff fights with because we're relatively even in
raid relationship. But China is the big deal. It's the
(28:04):
one that, as Kevin O'Leary said, mister, the second biggest market,
I mean second, yeah, sorry, it's the largest, well yeah,
the largest market and the second biggest economy in the world.
Speaker 2 (28:14):
So think about this.
Speaker 3 (28:15):
We are operating at a huge disadvantage when it comes
to access to the now largest in terms of population.
I know, we're the largest in terms of consumer spending,
so you know, largest is a little bit of a
of a tricky word there, but you know, there's like
one point two billion people in China and we don't
have very good access at all. And in fact, the
(28:38):
access that we have, and I do think this was
an important point that Kevin O'Leary made, I've made I've
made it many times myself. The access that we have
in some ways backfires on us because China will take
whatever that we show up in China with to operate
and any anything from like some new you know, new
scrub brush to clean your dishes, all the way up
to some high end AI they'll they'll if they if
(29:01):
it's on Chinese territory, territory. They will get access to
that IP, they will copy it, they will mass produce it,
they will sell it back to US. I mean, you know,
so this is here's problem, Clay. I mean, here's just
a small example. When I was in Uh, you've never
been in China right now.
Speaker 1 (29:18):
I don't think I'll ever go at this point with
the relationships where they are.
Speaker 3 (29:21):
No, I wouldn't don't. I don't want to get that
call from you in Beijing. I hope i'd be high
on your high on your list, right Yes, who I
saw this thing on that Who would you call if
you're in some third world hellhole prison?
Speaker 7 (29:33):
Like?
Speaker 1 (29:33):
Who?
Speaker 6 (29:33):
Like?
Speaker 3 (29:33):
Who are your top calls? Your top three calls? I
hope I'd make the list because I'd help you out.
I'd call the big guy. He'd be like Clay Travis,
great sports fan, gotta get him out.
Speaker 1 (29:43):
Trump in office for the next four years. Good between
he and the FBI and UH and Hegseth we got
pretty good related and Rubio, we got pretty good relationships
in the government.
Speaker 2 (29:54):
Yeah, and you'd be uh, you'd be on on the
next flight home, I think.
Speaker 3 (29:58):
But but I remember from when I was in China. Uh,
this is just this is a surreal thing.
Speaker 8 (30:06):
Uh.
Speaker 3 (30:06):
There were stores and I went into one where there
it looks like a Rolex store basically like it's made
to and it's all fake, and it's all very high
and it's very high end fakes, the kind of fakes
where you have to would you'd have to take apart
the watch to know that it's fake. Some people would
be able to see with the laser etching on the inside,
on the sort of inside of the bezel. I mean,
(30:28):
there's a few things, but it is like very high
in the point being that there they have like billion
dollar factories making fake Rolexes, which is one of the
most recognizable and valuable brands on the planet of Rolex
is effectively like cash anywhere in the world. You can
say if you have a if you have a sub uh,
sub mariner, which is what the watch is called. I know, submariners,
which are you know you're under totally would have said submariner.
(30:49):
I didn't know that was the way it was pronounced. Yeah, no, Rolex.
Everyone says sub mariner. So you know submariners. You take
it up with Rolex. I don't want to tell you
call Hans Wiels Dwarf but founder of It's actually amazing
story and.
Speaker 1 (31:01):
That's an incredible name. Drop your buddy. We had an
awesome dinner in Miami. I'm fascinated by it. I've never
had a good watch in my life. But your buddy
is in the watch business that we went out to
dinner with, and I was fascinated by all the stories
he had about different watches.
Speaker 2 (31:16):
Wind Vintage dot Com is this site. He's got really
cool stuff.
Speaker 3 (31:19):
I've got a bunch of watches that I've purchased from him,
so I had to watch things. But anyway, the watch
things fascinating to me.
Speaker 6 (31:25):
But the.
Speaker 3 (31:28):
Fact is that China does this so openly, is my
beast like, Yes, you have guys in Times Square who
are selling fake hats and you know, fake Fendi bags
and stuff like that, but they're not supposed to do it.
It's counterfeit goods, and we actually do police that at
some level. In China, they just do this stuff, and
they do this with everything, and we do nothing in response.
And in a world increasingly where as we've said, the
(31:51):
military is really a function of In the future, it's
going to be a function of machinery and industrial output
all right, I think a naval ravicon brilliant. He basically said,
if you can't produce drones at scale in the future,
you will be at the whim of whoever can. That
is the world we are heading into, not in fifty years,
in like five. So you know, it's there's a lot
(32:13):
of moving pieces with this stuff. And I just think
that I think you're right. You know, the messaging of us,
we can you know, we can critique a little bit
or say I wish it was a little bit different
here or there, But Clay, I still think on the
thirty thousand foot level, he's right on this one. I
still think on I truly believe on the thirty thousand
foot level, on the macro level, Trump sees something that.
Speaker 2 (32:34):
Needs to be addressed and fixed. I think it's one
hundred percent right.
Speaker 1 (32:38):
And we'll talk about this with Art Laffer, who is
one of the most brilliant economists anywhere in the world.
I mean, his history of being right on so many
of these issues. We will break down and discuss with him.
In the meantime. It's a good time. Last night, Buck,
I was watching My Atlanta Braves. They took down the
(32:59):
Philadelphia Eagles, Philadelphia Phillies. It felt like it felt like
a postseason game already, maybe because the Braves can't win
any games and they were sitting at one and eight.
But if you're an NBA fan, well, luka Doncik returning
to Dallas for the first time since they traded him.
If you're an a NHL fan with the postseason, a
(33:19):
Vechkan just set all time record most goals ever scored.
There are a lot of sports going on. The Masters
is this weekend gonna be a lot of fun. I
know many of you are gonna kick your feet up
and end up with what I call a good tradition,
the Master's nap on a Sunday, where it's like all
the birds are chirping and they're all speaking softly, and
maybe you had a little bit extra to eat for
(33:41):
Sunday dinner. I'm telling you it's gonna be a great
weekend for sports. And if you love all of that,
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it out. Price picks dot com, Code Clay.
Speaker 2 (34:35):
Want to begin to know when you're on the go.
Speaker 1 (34:38):
The Team forty seven podcasts trump highlights from the week
Sundays at.
Speaker 2 (34:43):
Noon Eastern in the clay in Bug podcast.
Speaker 1 (34:45):
Speed find it on the iHeartRadio app or wherever you
get your podcasts.
Speaker 7 (34:50):
Hey Buck, it's Jesse and first and foremost, I wanted
to congratulate you and carry on your baby.
Speaker 2 (34:56):
That's one the two.
Speaker 7 (34:58):
Most importantly, I wanted to remind you need to take
care of yourself. You come first.
Speaker 2 (35:06):
Right now.
Speaker 7 (35:06):
When she's in labor, you get some rest, go home
and go to good night's sleep.
Speaker 8 (35:11):
That way you can be rested after the baby comes.
Let Carrie handle that portion of it. It's her job anyway. Two,
when it comes to staying up after the baby is born,
you have a job. That job, well, it's kind of
a job. You have to talk to Clay all day,
so it's more like torture. But you have a job.
(35:32):
You have to earn a living. Let Carrie do all
of the baby work. She'll thank you for it. Take care, buddy.
Speaker 3 (35:40):
That is our good friend. Jesse Kelly six to nine
Eastern on Premiere Networks, a great radio host and buddy
of ours, with exactly the advice play that I should
follow if I want to be asking for single dad
advice in the next couple of years. So yeah, no,
he's kidding everybody before you start. He did this to
(36:00):
me on Twitter and people were freaking out. He's joking.
Jesse likes to make jokes. Don't worry.
Speaker 2 (36:06):
I would.
Speaker 3 (36:06):
I would crawl over broken glass to help carry in
the next Well in general, but certainly the next forty
eight hours.
Speaker 1 (36:13):
Best result for you is to be unnoticed. It's like
a kid at an adult party. You know, if the
kid just doesn't cause any trouble, then it's like a
successful performance for the kid at the adult party. That's
like you in the birthing room, just don't do anything
that causes you to be a major distraction. I remember
(36:34):
Laura wasn't that happy when I was like, the Wi
Fi's not working very well here, Like, are you sure
this is the right password? You know, when you're sitting
over Why does the Wi Fi password have to be
so hard? Get Laura?
Speaker 3 (36:50):
I want Laura to give a talkback on what Clay
was like in the delivery room.
Speaker 2 (36:54):
Oh that's a good idea. Well, let me go check
Welcome in Wednesday edition Clay Travis Buck Sexton show. This
one could be Buck becomes a dad today. He is
here with us on potential birthday. We'll see, could be tomorrow.
Do you have a faith Obviously the labor process plays
in here, but do you have a preference April ninth,
(00:24):
April tenth to carry? Is there any sort of cosmological
connection here in any way?
Speaker 2 (00:30):
I have no idea.
Speaker 3 (00:31):
I'm not to like that on this I barely remember
my own birthday, so I'm not the guy to ask
about birthday stuff. But yeah, anything in April sounds nice.
So this is a big day all around. We are
continuing the trade wars since we now are CNBC and
Fox Business all rolled into one stock market flat as
(00:53):
we begin the show today, basically unmoved by and large
across the financial landscape. The S and P five hundred
up a tiny amount as I speak to you, the
Dow down a tiny amount.
Speaker 2 (01:07):
Not much movement going on there.
Speaker 1 (01:10):
There is, however, a lot of movement going on in
what essentially is boiling down to the United States versus China.
I would expect Buck, and I'm curious if you co
sign on this that countries like Japan and South Korea
and Australia and England and even much of Europe are
(01:30):
going to get resolved the new trade deals relatively quickly
in the grand scheme of things, that is, over the
next few weeks. And I think those will be beneficial
to the United States. I don't think they'll be transformative.
The real battle here, as we stare down what's coming
is the United States versus China, and how does this
(01:53):
situation resolve itself and how long does it take to
resolve itself. As we elevated our overall tariffs on China
to over one hundred percent, China has responded by increasing
the tariffs on the United States I believe roughly to
eighty percent. Now, given the fact that China has much
(02:14):
more of an export based economy, particularly in relationship to
the United States, than the United States does in relationship
to China, the pain in general should be felt on
China more than it's felt on the United States. That's
the negotiating leverage that Trump is that Trump is banking on.
(02:35):
If there are brilliant people out there who want to
disagree with that, you're welcome to call in eight hundred
two A two two eight A two. But China is
to a large extent and export focused economy, and they
have built a huge trade surplus against the United States.
Now there are certainly complicating factors in that. I believe
(02:56):
China has something like five trillion dollars in United States bonds,
which is it's probably trump card on some level, pardon
the pun from them. What would happen if they start
to liquidate a substantial amount of their treasury some suggesting
that's already potentially occurring, and that might be what's impacting
(03:19):
the bond market in general. Again, these are high level
discussions of exactly what is going to be done, but
so far China and the United States staring at each
other not blinking. Would you co sign on most of
that analysis? Do you think I'm missing anything from your perspective, Buck.
Speaker 3 (03:38):
No, I think that this is ultimately actually about a
China trade wark. That's really what the which if you
think about it in that context. It also makes a
lot of sense when you look back to the first
Trump term, and this I think would have been the
phase that he entered in twenty twenty had things gone differently.
I think this was always in his mind and the
(04:00):
first phase was just waking people up to what China
was doing, which is truly the greatest theft over decades,
not just of wealth but of intellectual property, which obviously
is wealth in the modern economy, and all kinds of
bad faith efforts and undermining a lot of US hegemony
(04:20):
wherever they can. So Trump has said enough is enough
as it pertains to China. I do think we'll get
deals with the other countries in place. And you know
Apollo Global Management's CEO for those who don't know Apollo
Global Management is it's a big time finance outfit. I
think they're private equity guys. So you know, they buy
huge companies, they turn them around, they sell them stuff
(04:43):
like that. But here is the CEO of that company,
who is I think saying something again. This is somebody
who manages billions and billions of dollars and has to
be right or else he loses his job, and he's
coming out and saying we need a reset.
Speaker 2 (04:58):
This is cut two.
Speaker 4 (05:00):
This is the second freest trading market in the world
financially after Japan, and is the freest trading market in
the world considering non tariff barriers. Why is that written
in Stuck. Why shouldn't we be the tenth or the twentieth.
The policies that have been in place since the end
of World War Two are not fit for today.
Speaker 1 (05:20):
I think that's well said, And Buck, I've got a
couple of more here that I thought were well said
that I sent into our producer, Greg because I thought
some of you out there, I understand this is complicated,
and probably a lot of you don't sit around on
a regular basis thinking about, say, tariffs, like you might
think about taxes, or economic growth or any other number
(05:41):
of issues that have been well discussed and debated for
decades in the United States. Here's Victor Davis Hansen asking
a question I thought, Buck, that we have asked, if
tariffs are so awful, how come so many countries have
tariffs in the first place? Why do these exist? I
thought this was well said by him. This is cut three.
Speaker 5 (06:01):
China has prohibitive tariffs, So does Vietnam, so does Mexico,
so does Europe, so do a lot of countries. So
does India. But if tariffs are so destructive of their economies,
why is China booming? How did India become an economic
powerhouse when it has these exorbitant teriffs on American imports.
(06:24):
How did Vietnam, of all places, become such a different
country even though it has these prohibitive tariffs. Why isn't
Germany before its energy problems. Why wasn't it a wreck?
It's got tariffs on almost everything that we send them.
How is the EU even functioning with these tariffs? I
thought tariffs destroyed an economy, but they seem to like them,
(06:47):
and they're angry that they're no longer asymmetrical. Apparently, are
people who are teriffing us think tariffs improve their economy?
Speaker 3 (06:57):
I thought that's all said, Well, this is what we've
been saying, and we never get I never hear an
answer to this. People just say tariffs are attacks, Tariffs
are born by the consumers, Tariffs are bad, Tariffs led
the Great Depression. They shout all this stuff, and I say,
why does every other country have tariffs? Yeah, we're the
only ones. And when it comes to being outliers, you know,
we're also the country that's supposed to pay the rest
(07:17):
of the world's bills. We're also the country that's supposed
to be the rest of the world's policemen and the
world's giant, world's biggest refugee camp with a wide open border. Right,
there are a number of areas in which the United
States is expected to bear a burden that other countries
are not. Well, are we bearing the burden of being
the only free trade country in the world. I totally
agree when Elon says we should get to zero tariffs
(07:41):
across the board. Yes, that is the goal. That would
be fantastic. It would be so much better. It's a
bit like saying, you know, wouldn't it be nice if
we could get rid of nuclear weapons. Sure, when everybody
else that we're worried about gets rid of their nuclear weapons,
we can get rid of nuclear weapons too, right, Why
would they keep them?
Speaker 2 (07:58):
But we get rid of them.
Speaker 3 (07:59):
That's what we've been doing, essentially in an economic front
with tariffs, and I still have not heard any the
answers you might hear about this clay or something like, oh,
the French want to protect their wine and their cheese
or something, you know, that's very dismissive of it. But well, no, no,
it's this is on American automobiles. This is on a lot. Yeah,
this is on you know, we're talking about the EU now,
(08:19):
and people are saying, all right, well, Canada, I saw this.
I'm saying, Canada's dairy tariff don't actually go into effect
if you hit us until you hit a certain level.
Speaker 2 (08:27):
Well, why have them at all?
Speaker 3 (08:28):
If free trade is so good, why have them at all? Right, Well,
at some level it must be because you're protecting your
own industry, because you recognize that wealth generation comes from
the exchange and the creation and exchange of goods and services.
It's not just we keep printing money to buy stuff
from everybody else.
Speaker 2 (08:45):
There's a lot of that going on here.
Speaker 1 (08:47):
Also, where the companies are base matters. I mean, I
would bet that the reason the Chinese dairy industry is
I mean, sorry, the Canadian dairy industry is protected, is
because they don't want America to be sourcing every element
of the dairy there, right, And so where the companies
are based is foundationally very important. Really, this is going
(09:09):
to boil down to the extent that it has not
already into US versus China. And I've heard some people
out there say that their criticism is actually that we
should just go full bore after China and not focus
on other countries as much. This is let's get try
to get mister Wonderful on. I think we had him
(09:30):
on recently, meaning in the last year or so, if
I'm not mistaken, but this was on CNN. I thought
this was really well said. He said we should put
a four hundred percent tariff on China because they're cheaters
on the global marketplace.
Speaker 2 (09:44):
Listen to cut for.
Speaker 6 (09:45):
One hundred and four percent tariffs and China are not enough.
I'm advocating four hundred percent. I do business in China.
Speaker 2 (09:52):
They don't play by the rules.
Speaker 6 (09:54):
They've been in the WHO for decades. They have never
abided by any of the rules they agreed to when
they came in for deca. They cheat, they steal, they
steal ip I can't litigate in their courts, never has
an administry and four or I want like Chia on
an airplane to Washington to level the playing field. It says,
not about tariffs anymore, it's time to squeeze Chinese heads
(10:18):
into the wall.
Speaker 1 (10:19):
Now, man, that is aggressive buck, But I do think
he's saying what a lot of American businessmen believe but
aren't willing to say because they work with China. I
was actually a little bit surprised because I can't imagine
that the business he does with China is going to
be helped by those comments. But this is what you
(10:40):
have to do. Sometimes you have to speak out against
your own interests because you recognize the larger interest is important.
Speaker 3 (10:46):
Well, I wonder how much business he's really doing in
China currently. That's point one on that. In point two,
mister wonderful Kevin O'Leary likes to get sound bites that
make their way across the Internet ecosystem and other shows
like this one. In a four hundred percent tariff, you know,
at some point if we push too hard on China,
I know you could say it's a negotiation tactic book.
(11:08):
We don't want to see them completely insane, right, because
they're What we want is for them to improve their behavior.
We don't actually just want to extend a single finger
in their direction and say that's the way it's going
to be going forward. Right, we would like to see China.
In fact, China's entrance into the WTO was premised on
them changing their behavior.
Speaker 2 (11:27):
Right.
Speaker 3 (11:27):
This is the which it's not hold. This is well said. Continue,
it's not that we want to be in a trade war.
You know, this is what China has decided to do.
China has and you'll get the Belton Road initiative. It's
it's like a mix of communism, authoritarianism, mercantilism. China has
been rapacious when it comes to trade globally and has
(11:49):
not become any more liberal as it has become a
whole lot more wealthy. China is a was a desperately
poor country really up until the nineteen eighties. And people
forget them that the biggest famine in the history of
the world occurred in China right around nineteen.
Speaker 2 (12:03):
Sixty in world history.
Speaker 3 (12:06):
Okay, tens of millions of people starve to death in
that country. I think people now we all think of
China as a billion people and a huge economy and
robotics and Ai clay. China has done this in the
last forty years.
Speaker 1 (12:20):
What I think is important about what you said is
because I've heard this argument for sports for a long time. Well,
if we go take our basketball to China, if we
take the Olympics to China, they're going to start to
play by our rules. We will see them democratize, we
will see them join more the Western world. Actually, that
(12:41):
hasn't happened at all. In fact, they've tried to impact
the Western world with Chinese values, and I think you
can see this in a big way. We talked about
this before, but I think it's very important. You know how,
there's no bad Asian guys in movies anymore. Every bad
think about this, like every James Bond movie, every mission
and possible, the bad guys are always people with kind
(13:03):
of a Russian Ish accent.
Speaker 2 (13:05):
And if you go back and.
Speaker 1 (13:06):
You study it, do you remember when they remade the
great movie Red Red Dawn. Yeah, of course they remade
the entire movie because initially China invaded Us, and then
in order to get the movie released in the time,
they had to go back in. This is crazy, but
they did this. They digitally altered the entire Chinese army
(13:28):
to make it North Korea that invaded the United States
because Warner Brothers, I believe, who was distributing the film
or Paramount, was too afraid of angering China by having
China be the bad guys in a movie. And one
of the threats they just made buck is We're not
gonna let American movies come into China anymore.
Speaker 2 (13:47):
It's clay.
Speaker 3 (13:48):
The theft of intellectual property that's been going on for decades.
It's worse than what the KGB was able to do
during the height of the Cold War, because at least
we have cyber attacks going on all the time based
in China stealing our most sensitive technology. We have, our
universities are penetrated by Chinese agents all over the place.
Everybody knows this, the FBI knows this. But there's all
(14:09):
this sensitivity around actually treating a particular nationality as a
wellspring of adversaries, which unfortunately is the case with China currently,
and some people have just decided in our government that
enough is enough, that this is not the way it
is supposed to or it should continue on.
Speaker 2 (14:29):
So this is where the friction is. Right.
Speaker 3 (14:32):
This is not going to be easy or perfect. It's
only been a few days. I think people need to
strap in. This is not going to get easier anytime soon.
I don't see Trump backing off the China part of it.
I do hope that as the deals with Japan and
South Korea and the EU get ironed out and there's
a normalization there, everyone realizes, Okay, now we really have
(14:54):
to focus on the big challenge, and there'll be a
clarity about what that really is. But once again, Trump,
even if he's a little sometimes rough on the execution
in the early stages of something, on the big issues,
on the big think, he tends to nail it all right. Look,
for every gun owner in this audience today, I gotta
tell you should make yourself a member of the United
(15:16):
States Concealed Carry Association. This is all about protecting your
rights to defend yourself legally. If you end up in court,
often it's not just about what you did, it's how
it's interpreted. That's why Clay and I are both members
of USCCA and we're happy to welcome them as our
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(16:44):
the sponsors.
Speaker 2 (16:44):
Tab Clay Travis and Buck Sexton. Mic drops that never
sounded so good.
Speaker 1 (16:52):
Find them on the free iHeartRadio app or wherever you
get your podcasts.
Speaker 2 (16:56):
All right, welcome back into Clay en Buck.
Speaker 3 (16:58):
Just quick update of where we're going here before we
dive back into tariffs, which is on everybody's mind. I
think it's clear that this for a lot of people
seems like and I don't mean today or the market
price tomorrow, but this whole gambit of tariffs is like
a roll of the dice of the Trump administration that
will determine a lot. If this works, it's incredible. If
(17:22):
it sort of works, okay, fine, If it fails, it's
going to cause problems for the administration on other issues
because of the I think loss of political capital. So
we'll see. But we're gonna be joined here. By the way,
I still have total faith it's going to be fine.
Everyone should relax. But Art Lafer, doctor Art Laffer, will
be with us talking about all this stuff. You know,
the Laugher Curve guy knows economics. And then Julie Kelly
(17:45):
will be with us. And you know, maybe we should
invite mister Wonderful on too, because he.
Speaker 2 (17:50):
Was he was fired up before.
Speaker 3 (17:51):
Let's I'm sure he likes a microphone. I'm sure he'll
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Speaker 2 (18:58):
Back in Clay Travis Buck. Second Show.
Speaker 1 (19:01):
I saw a buck that you put up on social
media and ask for advice, and it's you've been flooded
with new dad advice.
Speaker 2 (19:08):
When are you sticking? Yeah?
Speaker 1 (19:10):
Are you sticking to taking your own bed and blowing
it up?
Speaker 2 (19:14):
Is this listen? Like you're all in on this move.
Speaker 3 (19:17):
I shared with you my my little air mattress and
my my uh you know, packable sleeping bag. I'm ready
to go, baby.
Speaker 1 (19:25):
Did anybody say anything in your request for new dad
advice that you found to be particularly helpful in going
through and.
Speaker 2 (19:35):
Looking at some of dimensions.
Speaker 3 (19:38):
I mean, it's all, it's all helpful. Mostly, it's just
about by the way Clay is now now that I'm
getting ready for liftoff here later today tonight, he's telling
me like the you know what to really expect, and
it's starting to feel a little bit like I'm new
at like the trench in World War One, and he's
telling me, you know what it's gonna be like the
first time we go up and over, I'm like, whoa,
(19:59):
this is gonna be this.
Speaker 2 (20:00):
Is gonna be RD.
Speaker 1 (20:00):
I can't tell anybody who hasn't had a kid what
having a kid is like, because it's so much.
Speaker 2 (20:07):
There is no like people say, and.
Speaker 1 (20:10):
You guys have a dog, and that, you know is nice,
but it is nothing or cats or whatever else it's nice.
I mean people who say, like, I'm getting a dog
so we could be ready to have a baby. That's
like saying, you know, I went for a walk so
I could prepare for the hundred mile Ultra marathon, right,
Like you're really not getting like, yes, there is elements
(20:34):
of having a dog that teach you some measure of responsibility.
But dogs are pretty self functional and babies are not
for a while, so the uh, the process is very
much different.
Speaker 3 (20:48):
We have to keep ginger as much as my beautiful
wife has to groom her all the time. Our Australian
labordoodle is very fluffy and very pretty. We have to
keep her from finding like raccoon or cato in the
park and rolling around in it. So I recognize there
are different challenges when you have a dog versus when
you have a child. So that's something else that we
(21:08):
have to I have no idea why she does that,
by the way, Otherwise we think I think she's very smart,
like she's the dog is very emotionally in tune with
a lot of things going on. But then she's like,
oh mud, let me just roll around in mud and
be filthy and smelly.
Speaker 2 (21:22):
So you know who knows? No, it is it is.
Speaker 1 (21:27):
It is gonna be fun and it's gonna be interesting
for you and Carrie and you're gonna be ecstatic. And
but again, I just don't think for anybody out there
who's had that first child, I just don't think you
can really prepare now when you have second, or third
or fourth, Like you've been through it, you know exactly
what to kind of expect. But uh, but I think
it's gonna be first of all, you don't really know
(21:48):
you're getting. It's a little bit different because you don't
have the panic of the dad, where like for our
first I was like at three am, Lar just came
in and she's like, I think my water just broke,
and it was like two weeks early, and I'm like,
oh wow, like you know, okay, it's it's go time.
And then you're panicked and you're running and get in
the car and bags and everything else, Like from the
(22:11):
third one was induced.
Speaker 2 (22:12):
For us.
Speaker 1 (22:13):
At least you have like the non frenzied preparation, which
I do think is helpful because you can be like, Okay,
now we're gonna go, you know, fill the car up
with this, and then we're gonna drive in. Like I
think that's a good good way to go.
Speaker 3 (22:26):
A lot of people told me to bring comfortable clothing,
and shoes, which is all that I own, snacks and
an iPhone charger, so I said, don't worry, I've got
all these this this I have covered iPhone chargers.
Speaker 2 (22:38):
Big.
Speaker 1 (22:38):
I think figuring out with her how do you want
to handle in laws and also her parents, because it's
you know, like when are you going to call them
and let them know because they could be at the
air They could be at the waiting room for hours
and hours. Like that's a I'm sure there's a lot
of grandparents out there that know, hey, the process has started,
(22:59):
but you I don't know what time you're going to
get to the hospital. Some people want mom there. I
don't think dad's usually there, but some people might want mom.
Speaker 2 (23:07):
Some people might not.
Speaker 1 (23:08):
Like these are a lot of things that I think
the women have to decide because we're of secondary importance. Also,
I think you will find it even funnier on the
humor side once you have had a baby. The idea
that may Or Pete and his male partner got their
picture taken in the delivery bed holding a baby is
(23:32):
going You're gonna be like, this is the most this
is the craziest, Like neither one of them had anything
to do with it. Mom's doing all the work. We
don't even know who birthed their baby. And then the
two of them climbed into a bed, a hospital bed
together to hold the baby and have a picture taken.
Is one of the weirdest things that any political figure
has done, in my opinion, in the modern era, right, Like,
(23:54):
what in the world were they thinking, Hey, let's go
get in a hospital bed which neither of you used,
and neither of you had any necessity to use to
have a picture taken with a baby that neither of
you had. Like, you're gonna like, I think again, because
the first photo of the baby everything else with with mom.
Speaker 3 (24:13):
Did you see Jesse Kelly and Amy who has Jesse
has two boys? I think right, he's got two joys.
And he gave me very helpful advice. He said, make
sure that the focus is on you, that you're high
grated that Carrie's there to support you, because you're gonna
be going through a lot.
Speaker 2 (24:27):
You know.
Speaker 3 (24:28):
It was very It was funny is that some people
thought he was being serious because of jesse humor, and
I had to be like, no, no, no, he's kidding, he's kidding,
you know, to him.
Speaker 2 (24:35):
After he said that I saw.
Speaker 1 (24:37):
Course, I actually saw Matt Walsh said for you to
bring headphones so the yelling didn't influence, didn't.
Speaker 3 (24:45):
He doesn't disturb my sleep. Yeah, that I could sleep
through the birth. Yes, thank you Matt Walsh for the
very health. Matt has six kids. My friend Matthew Marsden,
who's a podcaster who was also an actor. He's in
like black Hawk Down and some other some other great stuff.
He's got to think nine kids, which is that may
be the record safe from my mind?
Speaker 2 (25:04):
Yes?
Speaker 3 (25:05):
Oh yes, yeah, like not an Elon. As much as
we love Elon, Elon's a little non traditional on this front. Clay,
do you want to tell everybody the economy is not
going to employ weight? No first talkbacks on dad advice.
We'll take some of those, because a lot of you
have dad advice. So but by the way, not dad advice.
Like I'm gonna I know how to throw the baseball
(25:25):
to him. I'm gonna teach him how to shoot and
how to fish, and I know what to do a lot.
Speaker 2 (25:29):
I mean, like get me through the next ninety days. Guys.
Speaker 3 (25:33):
Okay, I'm going into I'm going into battle here. I
don't need to you don't tell somebody who's going up
and over the first time. Hey, here's how you survive
on your fourth tour.
Speaker 2 (25:42):
I need that.
Speaker 3 (25:43):
I'm fine with. I need to get through the next
ninety days. So that kind of dad advice on the
talkbacks are on the phones. And now Clay solved the
global economic problems that we face.
Speaker 1 (25:53):
Look, so here's what I would say on a positive level,
buy and large. Monday, Tuesday, and now Wednesday, the stock
wall has stabilized and does not appear to be, you know,
moving like a gyroscope as much as it was on
Thursday and Friday. Now, I know on Monday there were
rumors that kind of sent the stock market a flutter.
Tuesday and Wednesday has been calmer in terms of the
(26:15):
overall movements. I think what Wall Street is becoming aware of.
So here's my Here would be my advice. Not that
the Trump team's gonna ask me for economic advice in
any way, but what I would do is I would
start to roll out new agreements and I would get
a deal done with South Korea. I would get a
deal done with Japan. I would get a deal done
(26:36):
with England. I would get a deal done with Australia,
typical American allies, go ahead and get those deals done
and start checking them off the proverbial list, and go
on and move down that list because many of these
countries that we put tariffs on, I think we put
tariffs on in Gola for instance, like the Angola trade relateationship.
(27:00):
Somebody can look it up in the New York studio.
The country is not wealthy enough to have a massive
trade relationship with the United States in any kind of
substantial way. Whatever we do with Angola is not going
to move global markets in any way. So I think
you get allies done. I think you do small countries.
I think you get all those done, wrapped up, make
a deal of each of them. And then I think
(27:22):
if I were if I were Trump, if I were
advising Trump, I would tell him to just acknowledge what
is I think the fundamental truth here. This is about China,
and we're trying to reset a generational trade imbalance that
has artificially inflated China's economy and hurt ours. And really
(27:43):
that is where this global trade battle is really going
to play itself out. And I think that's the story here.
Because you pointed out some of these places we should
have no tariff fights with because we're relatively even in
raid relationship. But China is the big deal. It's the
(28:04):
one that, as Kevin O'Leary said, mister, the second biggest market,
I mean second, yeah, sorry, it's the largest, well yeah,
the largest market and the second biggest economy in the world.
Speaker 2 (28:14):
So think about this.
Speaker 3 (28:15):
We are operating at a huge disadvantage when it comes
to access to the now largest in terms of population.
I know, we're the largest in terms of consumer spending,
so you know, largest is a little bit of a
of a tricky word there, but you know, there's like
one point two billion people in China and we don't
have very good access at all. And in fact, the
(28:38):
access that we have, and I do think this was
an important point that Kevin O'Leary made, I've made I've
made it many times myself. The access that we have
in some ways backfires on us because China will take
whatever that we show up in China with to operate
and any anything from like some new you know, new
scrub brush to clean your dishes, all the way up
to some high end AI they'll they'll if they if
(29:01):
it's on Chinese territory, territory. They will get access to
that IP, they will copy it, they will mass produce it,
they will sell it back to US. I mean, you know,
so this is here's problem, Clay. I mean, here's just
a small example. When I was in Uh, you've never
been in China right now.
Speaker 1 (29:18):
I don't think I'll ever go at this point with
the relationships where they are.
Speaker 3 (29:21):
No, I wouldn't don't. I don't want to get that
call from you in Beijing. I hope i'd be high
on your high on your list, right Yes, who I
saw this thing on that Who would you call if
you're in some third world hellhole prison?
Speaker 7 (29:33):
Like?
Speaker 1 (29:33):
Who?
Speaker 6 (29:33):
Like?
Speaker 3 (29:33):
Who are your top calls? Your top three calls? I
hope I'd make the list because I'd help you out.
I'd call the big guy. He'd be like Clay Travis,
great sports fan, gotta get him out.
Speaker 1 (29:43):
Trump in office for the next four years. Good between
he and the FBI and UH and Hegseth we got
pretty good related and Rubio, we got pretty good relationships
in the government.
Speaker 2 (29:54):
Yeah, and you'd be uh, you'd be on on the
next flight home, I think.
Speaker 3 (29:58):
But but I remember from when I was in China. Uh,
this is just this is a surreal thing.
Speaker 8 (30:06):
Uh.
Speaker 3 (30:06):
There were stores and I went into one where there
it looks like a Rolex store basically like it's made
to and it's all fake, and it's all very high
and it's very high end fakes, the kind of fakes
where you have to would you'd have to take apart
the watch to know that it's fake. Some people would
be able to see with the laser etching on the inside,
on the sort of inside of the bezel. I mean,
(30:28):
there's a few things, but it is like very high
in the point being that there they have like billion
dollar factories making fake Rolexes, which is one of the
most recognizable and valuable brands on the planet of Rolex
is effectively like cash anywhere in the world. You can
say if you have a if you have a sub uh,
sub mariner, which is what the watch is called. I know, submariners,
which are you know you're under totally would have said submariner.
(30:49):
I didn't know that was the way it was pronounced. Yeah, no, Rolex.
Everyone says sub mariner. So you know submariners. You take
it up with Rolex. I don't want to tell you
call Hans Wiels Dwarf but founder of It's actually amazing
story and.
Speaker 1 (31:01):
That's an incredible name. Drop your buddy. We had an
awesome dinner in Miami. I'm fascinated by it. I've never
had a good watch in my life. But your buddy
is in the watch business that we went out to
dinner with, and I was fascinated by all the stories
he had about different watches.
Speaker 2 (31:16):
Wind Vintage dot Com is this site. He's got really
cool stuff.
Speaker 3 (31:19):
I've got a bunch of watches that I've purchased from him,
so I had to watch things. But anyway, the watch
things fascinating to me.
Speaker 6 (31:25):
But the.
Speaker 3 (31:28):
Fact is that China does this so openly, is my
beast like, Yes, you have guys in Times Square who
are selling fake hats and you know, fake Fendi bags
and stuff like that, but they're not supposed to do it.
It's counterfeit goods, and we actually do police that at
some level. In China, they just do this stuff, and
they do this with everything, and we do nothing in response.
And in a world increasingly where as we've said, the
(31:51):
military is really a function of In the future, it's
going to be a function of machinery and industrial output
all right, I think a naval ravicon brilliant. He basically said,
if you can't produce drones at scale in the future,
you will be at the whim of whoever can. That
is the world we are heading into, not in fifty years,
in like five. So you know, it's there's a lot
(32:13):
of moving pieces with this stuff. And I just think
that I think you're right. You know, the messaging of us,
we can you know, we can critique a little bit
or say I wish it was a little bit different
here or there, But Clay, I still think on the
thirty thousand foot level, he's right on this one. I
still think on I truly believe on the thirty thousand
foot level, on the macro level, Trump sees something that.
Speaker 2 (32:34):
Needs to be addressed and fixed. I think it's one
hundred percent right.
Speaker 1 (32:38):
And we'll talk about this with Art Laffer, who is
one of the most brilliant economists anywhere in the world.
I mean, his history of being right on so many
of these issues. We will break down and discuss with him.
In the meantime. It's a good time. Last night, Buck,
I was watching My Atlanta Braves. They took down the
(32:59):
Philadelphia Eagles, Philadelphia Phillies. It felt like it felt like
a postseason game already, maybe because the Braves can't win
any games and they were sitting at one and eight.
But if you're an NBA fan, well, luka Doncik returning
to Dallas for the first time since they traded him.
If you're an a NHL fan with the postseason, a
(33:19):
Vechkan just set all time record most goals ever scored.
There are a lot of sports going on. The Masters
is this weekend gonna be a lot of fun. I
know many of you are gonna kick your feet up
and end up with what I call a good tradition,
the Master's nap on a Sunday, where it's like all
the birds are chirping and they're all speaking softly, and
maybe you had a little bit extra to eat for
(33:41):
Sunday dinner. I'm telling you it's gonna be a great
weekend for sports. And if you love all of that,
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Speaker 2 (34:35):
Want to begin to know when you're on the go.
Speaker 1 (34:38):
The Team forty seven podcasts trump highlights from the week
Sundays at.
Speaker 2 (34:43):
Noon Eastern in the clay in Bug podcast.
Speaker 1 (34:45):
Speed find it on the iHeartRadio app or wherever you
get your podcasts.
Speaker 7 (34:50):
Hey Buck, it's Jesse and first and foremost, I wanted
to congratulate you and carry on your baby.
Speaker 2 (34:56):
That's one the two.
Speaker 7 (34:58):
Most importantly, I wanted to remind you need to take
care of yourself. You come first.
Speaker 2 (35:06):
Right now.
Speaker 7 (35:06):
When she's in labor, you get some rest, go home
and go to good night's sleep.
Speaker 8 (35:11):
That way you can be rested after the baby comes.
Let Carrie handle that portion of it. It's her job anyway. Two,
when it comes to staying up after the baby is born,
you have a job. That job, well, it's kind of
a job. You have to talk to Clay all day,
so it's more like torture. But you have a job.
(35:32):
You have to earn a living. Let Carrie do all
of the baby work. She'll thank you for it. Take care, buddy.
Speaker 3 (35:40):
That is our good friend. Jesse Kelly six to nine
Eastern on Premiere Networks, a great radio host and buddy
of ours, with exactly the advice play that I should
follow if I want to be asking for single dad
advice in the next couple of years. So yeah, no,
he's kidding everybody before you start. He did this to
(36:00):
me on Twitter and people were freaking out. He's joking.
Jesse likes to make jokes. Don't worry.
Speaker 2 (36:06):
I would.
Speaker 3 (36:06):
I would crawl over broken glass to help carry in
the next Well in general, but certainly the next forty
eight hours.
Speaker 1 (36:13):
Best result for you is to be unnoticed. It's like
a kid at an adult party. You know, if the
kid just doesn't cause any trouble, then it's like a
successful performance for the kid at the adult party. That's
like you in the birthing room, just don't do anything
that causes you to be a major distraction. I remember
(36:34):
Laura wasn't that happy when I was like, the Wi
Fi's not working very well here, Like, are you sure
this is the right password? You know, when you're sitting
over Why does the Wi Fi password have to be
so hard? Get Laura?
Speaker 3 (36:50):
I want Laura to give a talkback on what Clay
was like in the delivery room.
Speaker 2 (36:54):
Oh that's a good idea. Well, let me go check
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