04-03-25 YMS HR1 Tariffs reckless abuse of power and economy destroying or Liberation??!!

Tariffs reckless abuse of power and economy destroying or Liberation??!!

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Episode Transcript

Speaker 1 (00:00):
Hi, I'm Michael. We'd love to have you listen every
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(00:20):
always grateful you're here. Now enjoy the podcast.

Speaker 2 (00:22):
Good morning, fellas, I hear you. I'm here one two.

Speaker 3 (00:26):
Three, starting your morning off right. A new way of talk,
a new way of understanding because we're in this together.

Speaker 4 (00:37):
This is your morning show with Michael del Choino.

Speaker 1 (00:41):
It's nice to know that Brian and o'claire can't hear us.
It's reassuring on a morning like this in Middle Tennessee
where we're broadcasting from, we have five counties under tornado
warnings and we're getting pounded with hail, flooding, rain, and
severe thunderstorms. You might be hearing some mash like sound
effects in the background my prep this morning. By the way,

(01:04):
we may have a new cast member of the show.
My son Nicholas, who was woken up in the middle
of the night with the tornado warnings and now has
no school. We can send him out to do team
coverage just well, the other stations do that right well.
Sent outside, let him stand on the rain and the hail.
He'll probably throw his body over his car to protect it. Listen,

(01:27):
you know, if you hear some thunder in the background,
here's how it works. I am safe in a bunker
in a beautiful studio. Jeffrey of course had to drive
waist deep through the credential rain. What was it, Marlon Perkins?
But this is dating myself. There's only a few of
you older people who remember this, but mutual of Omaha's

(01:49):
Wild Kingdom. You know, he was always safe in the car,
and Jim had to get out and wrestle the anaconda.
Jeffrey of course going to give you the best. And
by the way, our Nashville AFFILIATELAC is in severe weather
coverage right now, so they can't hear any of this.
But for the rest of you, if you hear some
thunder in the background, there's nothing we can do about it.
We're getting This is really nasty weather. We keep getting

(02:10):
in the middle of the night, and it is just
sitting on us, dumping buckets and buckets and buckets. Well,
and then you know there are there are tornadoes, and
then there are rain wrapped tornadoes. Theyke it even you know,
you don't even know it's coming. And then there's middle
of the night rain wrapped tornadoes. So this is this

(02:31):
is not ideal by any stretch of the imagination. If
you're just waking up, stock futures are plummeting after President
Trump announced new global tariffs on Wednesday. Perhaps they're responding
to the narratives. We have a different narrative for you
this morning, which is my theory actually becoming a reality.
More on that than just mere seconds massive storm dropping

(02:52):
historic amounts of rain across the Midwest and South. I
can tell you that is real. It is happening. Elon
Musk will likely be stepping back from his role in
the Trump administration. That is not real. And you know
it's funny you're gonna hear in our newscast. You know
the report on it. You know, the White House is
of course denied. This now is Elon Musk on target
to leaving after his assigned period on May thirtieth, Yes,

(03:16):
but that was the one hundred and thirty days he
was set for. That's not leaving early. So this is
almost like reporting on fake news and then kind of
leaving it open ended. He's not going anywhere until he
was going all along. And more than half of the
voters predict President Trump will try to serve a third

(03:38):
term in the White House. And our polls of plenty,
we're going to take a look at you don't care
much for Congress ever, but in particular, Democrat Congress members
are viewed far more unfavorably, and then the parties in general,
and most of that is coming from people's view of

(03:59):
the Democrat Party. So just more really unattractive views of
a party without a leader and without a message. The
Democrat Party continues to be in trouble. All right, let's
talk about Liberation Day as the President is calling it.
We're going to have David Bonnson early today in our
second hour, but he's going to talk about tariffs and

(04:20):
Liberation Day. Again, there is the action and then there's
the destination. And I said, this president, this has always
been on his radar long before he ran for president.
In twenty sixteen these unfair practices, and he is using
this his second term, first term of his second presidency,

(04:44):
to really address this. And it's going to play out
one or two ways. These tariffs will level the playing
field and stay forever, or they'll respond and they'll lower
their tariffs and the President will lower ours back. If
it goes the first way, we're the big buyer, so

(05:09):
it would be whove. I mean, you know, Canada, Mexico,
they cannot exist without US purchasing their goods and services.
They have to either comply or the manufacturer is going
to move to the United States. And I have news
for you jobs. Maybe the costs will go up, but
with the jobs and the salaries with them, it's a

(05:33):
win for the economy. And if they back down, it's
a win for the economy. So the President announces Liberation Day.
Got plenty of sound in sounds of the day. He
announced a ten percent baseline tariff on all US trading partners,
So if you trade with the United States, you got
a ten percent baseline tariff and that goes into effect

(05:55):
April fifth. He also announced more reciprocal tariffs against the
worst defenders, even brought out his chart with the worst defenders,
and that goes into effect on April ninth, and its
baseline plus reciprocal for those nations. It's just a statement

(06:17):
of fact. Tariff seemed to be the cornerstone of President
Trump's economic policy. He's already imposed them on partners like
Canada and Mexico. Wednesday announced he's so. He announced the
so called reciprocal tariff on imports from ninety nations, and
that's in addition to the ten percent across the board

(06:37):
applied to all imports to the United States. Describing the
announcement as Liberation Day, the President said the new taxes
are needed to erase the trade deficit between the United
States and other countries, and that extends to China, the
European Union in addition to Canada, Mexico and other countries.

(06:58):
The tariffs will be additive, meaning that the imports will
face both the universal tariff of ten percent plus the
specific reciprocal import tax and the reciprocal rates will become
effective at twelve oh one am on April ninth. Now
it's April third. There's six days for things to change,
and some are already changing. I'll get to that in

(07:19):
a minute. I could do this in alphabetical order, and
that would seem like a lazy man filling time on
the radio because it starts in Argentina, it goes to Australia,
than Bangladesh, Botswana, Brazil, Cambodia. But you know the point
of this chart is to show you how much they're

(07:39):
charging tariffs on our goods and services. So this is
gonna happen too, and there's nothing I can do. I'm broadcast,
I could, I wish I could. That's our meteorologist, Big
John in the twenty four hour Casino Weather Center team coverage.
You had another tornado warning for yours. Truly, that'd be

(08:01):
good for ratings, right, what's that syndicated host dies on
the air in tornado? It would it would, It would
be Anticlimactica, thank you.

Speaker 4 (08:10):
So.

Speaker 1 (08:11):
But in all of them, you get this this this
kind of of a picture. Like Bangladesh they're doing a
seventy four percent tariff on the US, so they're gonna
get thirty seven right back at them. Botswana does seventy
four percent, they're gonna get thirty seven right back atam.
Camboni does a ninety seven percent tariff on goods from
the US, Well, now we're going to do fifty percent
on theirs. The word reciprocal is probably coming to mind.

(08:35):
China sixty seven percent, We're going to answer with thirty
four percent, and it goes on down the line on
the list. Now there are some stories breaking why because
you have reactions from multiple countries to the tariffs, and
many are already starting to cut and negotiate. This is
where you know, from the very beginning we've said how

(08:56):
much of this is out of the deal and how
much of this is Hey, if this is what it
has to be, is what it has to be, I'd
like to just cast my vote to either way. It's right,
but I think it's going to be a lot more
part of the deal because these countries need us way

(09:21):
more than we need them. And why have we been
putting up with this, which is why the president is
calling it liberation date. Now, nobody loves tariffs, or you
shouldn't because it's going to get passed on to the consumer,
but many of them won't. They'll be removed and it

(09:42):
is a huge look. If if the president got elected
to end this open border invasion crisis and nonsense mission accomplished,
he has literally secured the border immediately. He's deported over
one hundred thousand now arrested over one hundred and fifteen thousand,

(10:03):
and border crossings are down from one hundred and fifty
six thousand to seven thousand. I mean, it's a joke.
He did it. If the next thing you hired him
to do was to bring down inflation and bring down
cost of living, you might want to just be open
to what he's doing with these tariffs, because I don't
know if you can get it done in one hundred

(10:25):
days or even before the midterm elections. But if he does,
he's not just the jolly goodfellow. This will be one
that studied forever, one that will be looked back, that
looked back on and thanked forever. Let me give you
a couple examples. Immediately, Vietnam announced it will cut its

(10:45):
tariffs on the US and this goes to two to
five percent. Llen G automobiles thirty two percent ethanol to
five percent from ten percent. I mean, they've literally just
across the board cut virtually everything in half. That was

(11:08):
the immediate response from Vietnam. For Vietnam, it's worked and
the playing field is fair. Donald Trump doesn't look so
reckless now. Israel canceled its remaining tariffs on imports from

(11:28):
the United States, and officials said Tuesday, a day before
the Trump administration hits global trading partners with reciprocal levies,
Israel's already taken it off the table. India is willing
to reduce tariffs on over fifty percent of American imports.
That's value to twenty three billion dollars. This present has
been very clear what he wants to do as far

(11:51):
as attracting manufacturing back to the United States, giving our
farmers a place to send their goods and services. And
there's India falling right in line. Switzerland has highlighted the
country's contribution to the United States economy as it seeks
to avoid tariffs. So you got some negotiating and some

(12:11):
already cutting tariffs. Probably the most ridiculous story of the
day belongs and its proof of the death of journalism
to Axios. We'll let's share that with you when we
come back. But I can tell you the President said
Liberation Day yesterday. I don't think many Americans received it
as liberation Day, but something tells me maybe not even

(12:33):
in the distance, but in the very near future, Liberation
Day is going to make a lot more sense. It
already does for three countries immediately. That's our initial take.
We got a lot to cover and three hours to
cover it, and a lot of hail and tornadoes to
dodge along the way. Throw up a little prayer for
the home office, will you. It's Thursday, April twenty twenty five.

(12:54):
One chance to live this day, one chance to understand it,
because we're all in this together. This is your day.
This is your morning show tapping the consciousness of America.
Hit that talk bit button. It's your morning show with
Michael del Juno.

Speaker 4 (13:11):
Hey, Big John, call it in. Praying all you guys
are safe today, go for Brian and everybody. And I
cannot wait for David Boonnson to be on with the
pre market down one thousand. Cannot wait to see what
he's got to say.

Speaker 1 (13:26):
Yeah, and David Boonnson from the Bnson Financial Group, he
couldn't wait either. We had to push up a half
hour so he'll be in the second hour, six thirty
four Central, seven thirty four Eastern. On that issue. There's
something about Big John. I would just like to go
down to Arthur Avenue in the Bronx. I picture him
owning a deli and just getting like a half a
pound of more to Dallas, sliced thing from ab Appreciate

(13:48):
the prayers, Big John. Nice to know you're up and
Adam this morning. Well, if you're just waking up, as
Big John alluded to, the stock futures are plummeting after
Trump announced the new global tariffs yesterday. Mark Mayfield the details.

Speaker 2 (14:01):
With investors fearing the tariffs could spark a global trade war.
Down futures lost nearly a thousand points in after hours training.
The S and P five hundred fell more than three percent,
and Nasdaq futures dropped more than four percent. Earlier on Wednesday,
Trump unveiled sweeping tariffs that target several countries, including Canada, Mexico, China,
and the European Union. Multinational companies took some of the

(14:21):
biggest hits in extended training, with shares in Nike and
Apple falling about seven percent. I'm Mark Mayfield.

Speaker 1 (14:27):
The Trump administration is revoking even more student visa. Brian
Shook has more.

Speaker 5 (14:33):
Ten students between the University of Colorado and Colorado State
University had their f one visas torn Away on Tuesday.
The Department of Homeland Security has not commented on the
revocations or why they happened. This comes after a wave
of high profile arrests of international students who've been vocally
supportive of Palestine. I'm Brian Schuk.

Speaker 1 (14:55):
A new study says the shingles vaccine may protect against dementia.

Speaker 3 (14:59):
The study, public Wednesday and the journal Nature, looked at
data from over two hundred and eighty thousand older adults
in the UK and found those who were vaccinated for
shingles were twenty percent less likely to develop dementia than
those who were not vaccinated. A previous study had found
an association between the shingles vaccine and a lower risk
of dementia in women. That this is the first study
to include people who were not vaccinated. I'm Tammy Trihio.

Speaker 1 (15:22):
The cost of playing the Mega Millions lottery will go
up this week. Lisa Taylor has the story.

Speaker 6 (15:30):
The price of a Mega Million's ticket will go up
to five dollars following Friday's drawing. If this will say,
the price increase will lead to faster growing jackpots and
better odds. Every prize will also now be worth more
than the cost of a ticket. This is the first
price increase for Mega Million since twenty seventeen. I'm mi
se Taylor.

Speaker 1 (15:47):
Oh yes, it was a big day Peanut butter and
jelly Day, but today could be considered among the best
foody days ever. Breed Tennis with what you should be
eating today and all the important deal the go with it.

Speaker 7 (16:01):
Today is National Burrito Day, always the first Thursday in April,
but no one knows why we've been eating them since
the fifteen hundreds. Because they're convenient, portable, and good. Grubhub
says burrito's top the list for most delivered foods last year.
You can fill them with just about anything, and if
you toss in some veggies, it's almost a health food.
Too many deals to mention today, Your mission find one,

(16:23):
maybe two with a bogo. I'm bre Tennis on the ice.

Speaker 1 (16:26):
Last night, Caps lost at the Canes five to one.
Baseball Cards won twelve five over the Angels at Bush.
Tigers lost three two to the Mariners. Guardians fell five
two to the Padres. Dodg You're still undefeated, beating the
A's six to five, Dbacks over the Yankees four to three.
That's two in a row for Arizona Giants sixty three
over the Astros and the A's lost ten to two
to the Cubbies. Birthdays today Eddie Murphy sixty four years old.

(16:48):
Of course he started Saturday Night Live, I think at
nineteen or eighteen. Alec Baldwin sixty seven years old, Actress
Jenny Garth fifty three. And if it's your birthday, Happy birthday.
We're so glad you were born, and thanks for making
us a part of your big day. Here at your
morning show, break for your local news and weather in Tennessee,
and then we'll be back with the Exeas story. You

(17:09):
don't want to miss it.

Speaker 7 (17:13):
This is Josh and Montgomery, Alabama.

Speaker 6 (17:15):
My morning show is your morning show with Michael do Jorna.

Speaker 1 (17:23):
Hi, it's me Michael. Your morning show can be heard
on great stations across the country like Talk Radio eleven
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FYI and Phoenix, Arizona. We'd love to be a part
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to work, but as we always say, better late than never.
Enjoy the podcast here he is again the pro owner

(17:44):
of Boomer Baker Mayfield the dog. He picks up after
him too. It's Michael do Chorno and your morning show.
Although wouldn't it be cool if the Tampa Bay Buccaneers
quarterback was in my backyard right now? Well, he wouldn't
want to be out there right now in this weather,
that's for sure, all right. If you're just waking up
thirty five minutes after the hour, it appears the stock

(18:05):
market maybe the first bump in the proverbial liberation road.
President Trump announced the new global tariffs. We kind of
went over them with you earlier, but lots of people
are just getting up this morning. It was a ten
percent baseline tariff for all US trading partners, so across
the board. In addition to that baseline ten percent, the
worst defenders get a reciprocal tax. The baseline ten percent

(18:28):
goes into effect April fifth, Friday April ninth for the
reciprocal and I announced Israel. India, who was the other one,
Red have already responded and they're cutting their Yeah, Vietnam.
Vitnam's a huge one. By the way, you know, nobody

(18:49):
like India wasn't one. They don't like to bring this up.
But if you continue to do nothing, you're already getting shafted.
I mean, that's what's lost in all of this conversation. Uh,
my brother is a stickler for not buying anything. I
mean he'll grab at your ankles and pull your shoe

(19:12):
off to see if it says China. Now I always
pass this test, but he really should be ripping mine
off too, because they say Vietnam. Vietnam is one of
the worst offenders at ninety percent tariffs on all goods

(19:35):
coming to the United States, and so they're on that
Wars defenders list. The President hits them with the ten
percent and the reciprocal. Well, now anything flowing from our
country into theirs will be tariffed at forty six percent.
They're already caving and cutting their tariffs in half, which
is a big part of this solution, the presumption that

(19:56):
these tariffs will stick. By the way, By the way,
we're going to the Axios story. Turkey is the one
everyone should be talking about. Those poor guys. They weren't
terriffing us at all, and now they're getting a ten
percent terraff. But Vietnam was on the worst defenders list.
At ninety percent, tri Lanka eighty eight percent, Serbia seventy

(20:16):
four percent, on all our goods, Burma eighty eight percent,
Madagascar ninety three percent, Laos ninety five percent. By the way,
I freaked a guy out. He was thirty six years ago.
I was on a US air flight reading my Men's

(20:37):
Health and it said a manicured hands are the tools
of a great lover. And ever since I read that,
I always had manicured hands. This guy was doing my
nails and he he was like, I said, I forgot,
I forgot how it came up. And he goes, oh,
you'll never guess where I'm from. And I looked at

(20:58):
him and I went Laos, and he went, no one
ever got yes, Laos, How did you do? I know Laos,
I know Vietnam. They're some of my favorite people. But
Laos talk about a lousy deal ninety five percent. Well
guess what now everything going to Laos as a forty
eight percent tariff. So we're not even leveling the playing field,

(21:18):
and it's not necessarily going to stay. So already we're
seeing nations caving. Multiple nations Vietnam cut tariffs on US imports.
It looks like it's going to be about from five
percent to two percent, automobiles thirty two percent, cutting from

(21:40):
sixty four to forty five percent, ethanol to five percent,
from ten percent, almost across the board, everything fifty percent.
That's the art of the deal, and that'll have a
huge impact on the economy. That'll bring down those prices
and for those that don't want to comply and compete,
they need us more than we need them, and we'll
create manufacturing jobs. So this is part of the president's

(22:03):
big vision and it's starting to pay off. Israel eliminated
its remaining tariffs on US goods immediately before these even
went into effect. India is looking at eyeing tariff cuts
that add up to more than half of the US imports,
worth twenty three billion dollars. That's going to have a

(22:24):
huge economic impact. So, but there's gonna be some bumps
in the road starting today with the stock market. Massive
storms continue to drop historic amounts of brain across the
Midwest and the South. I know most of that love
doing that. It just keeps coming coming. I'm waste deep
here trying doing it. Lightning, thunderstorms, tornado warnings. It's nasty

(22:48):
weather around here and Alex Ovechkin is closing in on
Wayne Gretzky. I don't know, why is that record bothering me?
I remember being with Gritsky was one of our childhood heroes.
Probably well yeah, probably, but I mean I remember when
Henry Aaron was passing Babe Ruth and I was rooting
for Henry Aaron, but we had no recollection to Babe Ruth.

Speaker 8 (23:08):
But our fathers and grandfathers were like, I don't think
that Hank Aaron ought to beat that Ricord.

Speaker 1 (23:13):
I just don't ever remember. I mean, Wayne Gretzky. Let
me tell you something. When Wayne Gretzky was on the ice, well,
we had a guy named Jordan Tutu, yes for the Predators,
remember Tutu, And when he was on the ice, man,
I was all eyes he come off the ice, I'd
look at my popcorn, I talk about what we're gonna
do between the periods. I mean, you just knew when
Wayne Gretzky was on ice. I don't know. I've watched

(23:34):
him both and it just doesn't seem well, that's going,
of course, just playing forever. And he's now three goals
away from Wayne Gretzky's holding him by default. Well, I
don't know if she's bothering. I don't know. Maybe it's
reminding me of death. I feel the stench of death
creeping down my throat simmered down. I walked by the
cemetery the other day. Two guys chase me with a shovel.

(23:54):
I'll tell you I can't get no respect, all right,
So let's do the access story. Here's the headline. Drop's
tarif list is missing one big country. Like this is
a big gotcha moment. I mean, they are so fixated
on their dysphoria. I mean, I either they're trying to
sell you this ridiculous narrative that Trump is is a

(24:17):
puppet for Putin, or they really believe it. But it
was this one just really really made them look foolish.
So yes, death of journalism example foundred and thirty two axios.
Trump's tariff list is missing one big country, Russia. Well,

(24:41):
sweet Caroline Lovett was quick to respond to this. They're
under US sanctions already that precludes any meaningful trade. There's
really nothing to address. And then my favorite moment was
she goes, you'll also notice that to Brunei is not

(25:01):
on that list. To Cuba, Belarus, North Korea, of some
of the other hitler youth. I mean, the value of
US Russian trade plummeted from around thirty five billion and
twenty twenty one to three and a half billion last year,
and it's virtually non existent. And with the new sanctions
going into effect and the negotiation for a cease fire,

(25:25):
of course on our list, and so are a few
others that we simply don't do trade with at all.
But that's the big death of journalism. Media thinking they've
got everybody in a gotcha. As I mentioned, I am,
I'm not a fan of tariffs, and I recognize that

(25:47):
you're playing a very volatile game here. I also recognize
what we've already seen immediately from India, from Vietnam, from Israel,
from other countries, that many of them will cave and
you're gonna owe Donald Trump. You know, what should be
outraging you is not what Donald Trump is doing, but

(26:08):
what we've been putting up with for so long, picking
winners and losers, and you know, doing like Joe Biden,
now pay off your student loan but not yours. That's
despicable what Donald Trump is doing for our time and

(26:30):
for all time. If he achieves this and levels the
playing field, you'll owe him for a long time. He
will be not just the jolly goodfellow, a mount Rushmore fellow.
And there's two ways this plays out. These nations need
our buying power way more than we need their goods

(26:51):
and services. So if that gets passed on to you temporarily,
you might pass on to some other item. I'm guessing red,
and I'm a pretty good guesser. The reason Nike stock
has fallen is how much I can tell you. Virtually

(27:14):
all their shoes are made in Vietnam. Most of the
clothing line is made in Vietnam. Vietnam needs us buying
those clothes. They're going to cave, and Vietnam already has.
So somebody on radio or television needs to look you
in the eye and say, these tariffs, they're leveling the

(27:37):
playing field. You've been getting shafted all your life. Why
do we allow this? And if they take their tariffs down,
I'm sure Trump will take his down and guess what,
you'll pay less, not more. And if they don't, they'll
manufacture somewhere else, or will buy from somewhere else, and

(28:02):
then they'll cave. To compete. What I'm getting at is
it's gonna work. It's either gonna work short term or
long term. And are you willing to play the game.

Speaker 4 (28:15):
Now?

Speaker 1 (28:16):
The media hates Donald Trump, so they're gonna make every
bump in the road. They're loving the headline today Donald
Trump announces Liberation Day as docks are plummeting. They love that.
But they're not gonna stay plummeted. And most of these
terrorists will not stay in place because those nations will
cave they have to, and you will be the winner.

(28:39):
You'll be the winner in the long run with manufacturing jobs,
or in the short run them caving and cutting their tariffs.
And it's already happening. India cutting THEIRS in half, Vietnam
cutting THEIRS in half, Israel cutting any remaining Who will
join that list today? How many will join that list before?
Not so much in April fifth, but the ninth reciprocal hits.

(29:03):
That's why the President made such a big deal of
going through the worst defenders, even brought out his little
chart on the White House lawn.

Speaker 8 (29:13):
So if you look at that China first row, China
sixty seven percent, that's tariff charged to the USA, including
currency manipulation and trade barriers. So sixty seven percent. I
think you can, for the most part see it those
with good eyes with bad eyes. We didn't want to

(29:33):
bring the it's very windy out here. We didn't want
to bring out the big charts because it had no
chance of standing. Fortunately, we came armed with a little
smaller charge, so sixty seven percent. So we're going to
be charging a discounted reciprocal tariff of thirty four percent.
I think, in other words, they charge us, we charge them.
We charged them less. So how can anybody be upset?

(29:55):
They will be because we never charged anybody anything.

Speaker 1 (29:57):
But now we're going to charge.

Speaker 8 (30:00):
The European Union. They're very tough, very very tough traders.
You know, you think of European Union, very friendly.

Speaker 2 (30:08):
They rip us off.

Speaker 8 (30:09):
It's so sad to see. It's so pathetic. Thirty nine percent.
We're gonna charge them twenty percent. So we charge that you
can potentially have Vietnam great negotiated.

Speaker 1 (30:20):
You know, we talk about living in the matrix all
the time. You're living the matrix right now. Look at
the focus on America finally having somebody with the courage.
It's not even leveling the playing field. China's terrifing our
goods at sixty seven percent, We're finally slapping them with

(30:43):
thirty four percent. China needs us, believe it or not,
way more than we need China. So does Vietnam, so
do these others. But if you want to know the
matrix level that we live in, imagine the President of

(31:03):
the United States holding up this chart of how you've
been getting shafted. I mean to me, and I'm not
defending the president, just trying to get you, guys to
think you should almost be mad at every other president
of the United States over the last seventy years that
have allowed this and never said a word while you

(31:27):
were picking up the tab and they allowed this unfair
to your pocketbook, trade deficit, and they allow jobs to
leave here for cheaper labor. Look, if worse comes to
worse and we stop buying goods and services from these
countries and we start manufacturing it in here, the price

(31:50):
will stay the same and Americans will be making wages
and the impact that will have on inflation and the economy.
John F. Kennedy did this one long lesson. You know,
taxation hasn't always been There was taxation for war. Then

(32:10):
it was temporary and went away. Wasn't until really World
War two where it came and never left, and then
it just grew from there. But it used to be
one percent is now that you know. By the time
John F. Kennedy was president, it was like it was
the government's money. And then they were telling you what
you were allowed to keep. And Kenny's like, that's im moral.

(32:33):
When you go to work, that's your money, not the governments.
And by the way, we don't need fewer Americans taxed
more and more. We need more Americans working tax less.
That's the best way to fund government. That's the best
way to build an economy, not a government. But the
main question was, the main thesis was whose money? Is it?

(32:56):
Morally yours? And allowed to trade imbalances like this, we're
shafting your money. This is the first president doing his
job on this issue, and all the media can report
on is his tariffs. Nobody's looking at the green column,

(33:17):
which is what they've been terriffing us. Why aren't you
outraged that China has been teriffing our goods and services
sixty seven percent and getting away with it. Are Vietnam
ninety five percent. Is we're running around in their shoes.

(33:40):
Finally a president just doesn't play the game of status quo.
Finally a president, it turns out to be a really
rich one, finally cares about our money, our hard earned money.
And when it's all said and done, you're either going
to make this stuff here and have the benefits of
that revenue, or they're going to a cave and they're

(34:01):
already caving and you're gonna start paying less. Oops. Now
he secured the border as he promised, He lowered the
cost of living as he promised. Is he gonna end
the war with Ukraine and Russia?

Speaker 4 (34:17):
Too?

Speaker 1 (34:19):
And how many times are you gonna doubt him? He's
only bat in a thousand after all. But axious loser
of the day. Do you notice Russia wasn't on that list,
nor was North Korea. We really don't do trade with them,
and they're under sanctions. Ah, the death of journalism. What

(34:42):
a nuisance? All right? Fifty two minutes after the hour,
we come back. Quick look at your not one, not two,
not three, but top five stories of the day. As
your morning show continues. Good morning, This is your Morning
Show with Michael del Chrono. This is your morning show,
and we can't have your morning show without your voice.
We'll notice if you're listening on the iHeartRadio app there's
a microphone. Click it. It'll count you down three two one,

(35:05):
gives you thirty seconds to ask a question, make a comment,
and take your place at the America's kitchen table this morning.
Love hearing your voice and coming up. Roy O'Neil is
going to be joining us on Israel's expanding operations in
the Gaza. We bumped up an urgency David Bonsen. He'll
appear next hour at six thirty four Central, seven thirty

(35:27):
four Eastern, and we'll go over the Trump tariffs, how
this plays out short term and long term. Meanwhile, stock
futures are plummeting after the President announces global tariffs. There's
going to be some bumps in this road. But three
big nations have already caved to the tariffs, Israel, India,
and Vietnam. A massive storm continues to pummel the Midwest

(35:49):
and the South and with it the threat of flooding.
I know, I'm living it. And a new study says
that shingle vaccines may protect against dementia, not to mention
it protects against shingles. Just some of the stories we're
following waking up this morning. Will continue to look over
the tariff list of the President and how this all

(36:10):
plays out when your morning show continues next after your
local news and weather, stay with US fifty eight after
the hour. We're all in this together. This is your
morning show with Michael ndheld Jo Now