July 29, 2025 • 24 mins
Caitlin Clark's stalker has been sentenced to 2.5 years behind bars
8:16: Watch out, these tariffs are going to be passed down to the consumer. Dr Matt Will joins to discuss.
8:36: Union Pacific agreed to buy Norfolk Southern for $85 billion
8:46: Tony misses Mama's Family. Making dreams come true: Indiana Wish to honor dedicated Fishers volunteers
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:12):
If we could all. I shouldn't say all, because it's
not us.
Speaker 2 (00:16):
If all the people enamored with Caitlin Clarks that could
just stop with the stalking, that would be great. There's
nothing that freaks me out or creeps me out more.
Stalking is very, very weird. Guy gets a two and
a half year sentence for a Level six fellon account
(00:37):
of stalking. This is a plea agreement with the Marion
County Prosecutor's Office. The maximum available for the charge. Pled
guilty to Class B misdemeanor harassment one hundred and eighty
day sentence on the charts suspended and received one hundred
and ninety seven days her time served, which means he
(00:57):
will serve less than two years of his cent it.
Tony Katz ninety three WIBC, good morning, Good to be
with you. I get it you like her, but there's
no need for you to be sending weird messages and
threatening messages and people have to change their entire routine.
Speaker 1 (01:20):
It is just it is just nutty.
Speaker 2 (01:24):
And whether it's Kaitlyn Clark, somebody in the public eye,
or somebody who is your neighbor talking, this is just
it's some of the ugliest stuff in the world, and
it's scary how it's very hard to deal with these
kinds of things, So don't stalk people. It's the best
(01:45):
I can tell you. I'm certainly happy for Katelon Clark.
I don't know. I've never met Caitlin Clark. I just
assume everybody on the Indiana Fever listens to the show
every day and then talks about it during practice.
Speaker 1 (01:57):
I like to believe that part true. I like, I do,
I truly doh.
Speaker 2 (02:03):
I only hope she's all right, and I hope this
never happens to her again. We're going to take a
look at these trade deals. Doctor Matt will joins us
from the University of Indianapolis economist. Do they all add
up to the wow factor that everybody's giving them?
Speaker 1 (02:18):
Tony Katz ninety three WIBC, Good.
Speaker 3 (02:20):
Morning, American Consumers, Plain and simple. Trump would have you
believe it's the biggest deal ever. That's his words, Dangley,
two hundred and fifty billion dollars of new energy purchases
and more new investments. They're just one heatcup.
Speaker 1 (02:36):
It's fake. Even Today's Wall Street.
Speaker 3 (02:40):
Journal has pierced this miasma of distortion.
Speaker 2 (02:47):
You know, every time you hear Chuck Schumer talk, you
have to wonder, my god.
Speaker 1 (02:52):
His staff has to hear that every day. That's rough,
very rough. Tony. Kat's good to be with you.
Speaker 2 (03:00):
Doctor Mattwell joins as economist at the University of Indianapolis.
Senator Schumer is talking about the trade deal with the EU.
It's fake, it's not real. Well, it's clearly real. The
question is how much of this stuff would have come anyway?
Deals on energy and deals on on buying military hardware.
Wasn't this going to be purchased no matter what? But
(03:22):
maybe the story here is that it got announced as
a deal, which certainly has put the European Union on
its heels, saying, my gosh, how could we have let
this happen with a tariff of fifteen percent of our
goods and no tariff on the vast majority of American goods.
But in the end, the question before us is what
do we get out of it? And how do we
(03:44):
know that it's happening? So let's start a doctor Mattwell,
economist at the University of Indianapolis. Where we start, which
is you hear about this story from the about this
trade deal with the EU. We've heard about other trade
deals as well as a or Japan, etc.
Speaker 4 (04:01):
What say you, Well, first of all, let's start with
the terms. I like what I'm hearing as far as
the terms, and we've been saying forever we just need clarity,
we need certainty, and we now know the framework. It's
pretty much going to be globally about a fifteen to
twenty percent tariff on all goods imported into the US.
We're going to have what we call trqs, which is
(04:24):
tariff rate quotas. That's what you just mentioned Tony about this.
They're going to buy all these things from US, military
hardware and other things. That was maybe gonna happen anyway,
maybe not, because what it does is it creates a
zero for zero tariff, meaning that no tariffs on stuff
that goes back or forth in that category, which makes
(04:44):
our products more competitive. Our energy will be cheaper, our
military hardware will be cheaper. They're not going to go
to the UK, they're not going to go someplace else.
They're going to buy it from US. So that's a
really good thing. And they've agreed to invest in the USA.
So you know, Schumer is completely wrong There's a lot
of good parts to this, and the most important thing
is Wall Street loves that there's certainty. They now can
(05:08):
say we can move forward. We know what the terms
are going to be. That's been the biggest issue so
far is the uncertainty, and now we have certainty.
Speaker 2 (05:17):
So this certainty is predicated on them actually buying from
the US. Right markets are are going to be open
and there for the first time.
Speaker 1 (05:27):
Is it that they're going to be buying or does.
Speaker 2 (05:29):
The certainty come from fifteen to twenty percent that's the
tariff right now. Everybody can budget if you will from
that place.
Speaker 4 (05:38):
It's both. It's both of those things. We know the
range of the tariffs. It's not going to be thirty
five fifty two hundred percent. It's going to be fifteen
to twenty percent against for everyone in the world. That's
a good thing, and it makes our goods cheaper. It's
not that they're guaranteed to buy these things, Tony, but
when you remove all the trade barriers and all the tariffs,
US goods are going to be more affordable. Oh yes,
(06:00):
they will buy these things. If you're looking around to
buy a gun, and you can buy a gun a
Baretta made in Italy, or you can buy one made
in the US. And by the way, Bretta makesed guns
in the US, and the US made gun is cheaper,
that's what you're going to buy.
Speaker 2 (06:15):
Talking to doctor Matt Will, economist at the University of Indianapolis,
that might be true in, for example, the scenario that
you just laid forth. But we are saying that any
good you buy outside of something made in the US,
and not every good is made in the US, it's
going to be fifteen to twenty percent higher.
Speaker 1 (06:35):
Just deal with it. This is coming correct.
Speaker 4 (06:39):
Oh yes, In fact, you know I've been saying, with
all the good parts of these deals, there are bad parts.
There are losers in this. The losers are any company
that's a net importer. The loser is anything that's made
with steel or aluminum, and the biggest loser is you
and I. We're going to pay it a fifteen percent tariff, Tony.
Let me explain very clearly what that is. That's a
(06:59):
fifteen percent national sales tax. We've never had that before.
And people need to be ready because corporations have been
reporting earnings this week, they're not good, and they've indicated
they will pass along their price increases. Delant has made
a huge announcement yesterday about that.
Speaker 1 (07:16):
Now, let's get into this because this has been right.
Speaker 2 (07:19):
You've got Bill Maher saying, I can't believe the tariffs
are working a lot of people are talking very very
well about the tariffs. Trump was right about the tariffs.
The argument has been in a very rational way, tariffs
tactic fine, tariff's policy I oppose. But the tariffs have
not been passed through. And whether it's it's General Motors,
Toyota hosts people specifically on the auto manufacturing, they're not
(07:42):
passing the tariffs along, and the economics would dictate that
that cannot last for forever. Are you saying that the
dam is about to break and we're about to see
the price increases on the things we can't avoid spending on.
Speaker 4 (07:57):
Absolutely, and we've already seen it. Remember the last inflation
report we saw last week had an uptick inflation. Yet
today this week, Okay, Stilantis announced a two point sixty
five billion dollar cut in or loss and they warned
we're going to increase car prices. Whirlpool, they cut their
dividend by fifty percent.
Speaker 1 (08:18):
Tony.
Speaker 4 (08:18):
That has not happened in decades, and they make eighty
percent of their appliances in the US, and they said
they're going to have to increase costs. Novo Nordis, MRK,
they all cut guidance these companies. Tony, you can't be
a car maker and lose money. Stalantis can't move lose
two and a half billion dollars without increasing prices. You
(08:41):
will see a price increase just I don't know when,
but it'll be soon.
Speaker 2 (08:46):
But with Stilantis, we should at least admit that they
have not done the job in making the vehicles they
needed to over the last five years.
Speaker 1 (08:55):
They will admit to that.
Speaker 2 (08:56):
You had the massive fight between the dealers and the CEO,
Carlos I'm forgetting his last name right now, where he
eventually got pushed out because the cars were not well
made and they weren't getting the backup at the dealerships,
and he basically said to the dealers, I'm in charge,
You'll do what I tell you. So there is a
specific story there regarding maybe their own losses.
Speaker 1 (09:20):
Those aren't not in every situation. Is the tariff the
reason for the loss.
Speaker 4 (09:25):
But Tony, you said it perfectly, and we talked about
this on one of your shows before. If we create
a tariff to protect a company like Stilantis or like Whirlpool,
does that make them a better company. Whirlpool's market share
went from forty two percent down to thirty two percent
last year. They had disastrous financial results reported this week,
(09:46):
and we're going to tariff to protect Whirlpool from competition.
We're going to tariff to protect the domestic Stilantis when
they're a bad company. Tariffs aren't going to make a
bad company into a good company. It's just going to
make the pain prolonged.
Speaker 2 (10:02):
Talking to doctor Matt Will, economists at the University of Indianapolis,
Now we have these deals in place, everything to me,
all roads leads to a lead to what happens to
a deal with China. I had said, you need Japan,
you need Vietnam, you need South Korea, you need India,
you need those deals set until you see a.
Speaker 1 (10:23):
Pressure point on China.
Speaker 2 (10:25):
But China has to be paying attention to what it
is they're seeing. Are they trying to maneuver for a
better deal, Are they trying to maneuver for any deal?
Or are they still full steam ahead not worrying about
what happens with the US.
Speaker 4 (10:40):
I think they're full steam ahead, Tony, But China is
Can I say a very technical, nerdy, a professional stupid?
Speaker 1 (10:50):
Ah?
Speaker 4 (10:51):
Yeah, that you might want to write that down and
look it up on Google. This we just found out
this week. India now exports more apple produce to the
United States than China. Their exports are up two hundred
and forty. I see the world shifting away from China.
We've talked about this on your show before. That India
(11:12):
is in Bangladesh and Vietnam, these other places are starting
to take China's business. So yeah, China, they're probably walking
along thinking everything's going to be fine, and they look
around and say, where'd all the businesses go?
Speaker 2 (11:27):
The the India being up as China responded to this
at all of they look to reducing the costs of
their of their production or anything else.
Speaker 4 (11:38):
No, No, that's that's That's why I call it pure stupidity.
They have not reacted to this. And really they're in
the cheap goods market. Other than making things like you know,
the iPhones and apple products, they mostly make the cheap
good products. They make the Chotsky's, they make the low
low value items so you know, they're just neandering along
(11:59):
getting eaten up by the competition. They're in a recession.
Speaker 1 (12:01):
We all know this.
Speaker 3 (12:03):
I don't.
Speaker 4 (12:03):
I think China may be a bystanderd.
Speaker 1 (12:05):
At the end of the day, we will discuss it further.
Speaker 2 (12:09):
Doctor Matt Will, economist at the University of Indianapolis. Dr
Matt will Wil Doctor Matt Will on the Twitter X
find him there.
Speaker 1 (12:18):
Time to fill up on the news.
Speaker 2 (12:19):
Tony Katz at ninety three WIBC, Good morning, what is
going on? You've got doubt futures up fifty one NASDAK
futures up one oh three. Oil prices up sixty seven
dollars now on the West Texas crewed coming out of
the ground, the Brent crewed coming out of the oceans,
seventy dollars thirty five cents a barrel of the ten
(12:41):
year treasury down a little bit at four point three
eight to two, not down enough to count. And as
we were discussing with doctor Will, Nova Nordisk, novo nordesk,
not neurodisc Nordisk. Those shares are down because of a
cut on guidance. Everybody's expecting it. I get with them.
(13:06):
What we're discussing with the economy. Everything else is gearing
up for something else taking place.
Speaker 1 (13:13):
I want, I want it to be wrong.
Speaker 2 (13:14):
I want I want everything to work out. They're gearing
up for what happens with tariffs and other things to
have an effect.
Speaker 1 (13:24):
Period. The data says what the data says. And what's been.
Speaker 2 (13:28):
Amazing is that so far the the.
Speaker 1 (13:33):
Reality has kind of pushed the the.
Speaker 2 (13:37):
Data to the side and said, yeah, we know what
you say, but aha, here we are.
Speaker 1 (13:41):
I just don't I'm with doctor Willing this one. I
don't think it can last. I don't think it can.
Speaker 2 (13:46):
But I do agree, and I thought that this was
absolutely the right message. It is certainty that leads to opportunity.
If I know what the rules are of any game,
I can play the game.
Speaker 1 (14:00):
Well.
Speaker 2 (14:00):
It's one of the reasons that I so oppose Marxism,
this whole idea of a pronoun, this whole pronoun ridiculousness.
You don't use the price pronoun. You're not addressing me right,
you're dead naming me all this garbage. If you change
the rules of the game and people do not know
how to act, you aren't more free.
Speaker 1 (14:16):
You're actually less free.
Speaker 2 (14:17):
By getting rid of the rules, and by doing so
you put people on eggshells, and therefore there's no actual movement.
There's no way to go forward, to grow, to build,
there's only a.
Speaker 1 (14:28):
Collapse that takes place.
Speaker 2 (14:30):
You need the rules of the road in order to
be able to know how to drive, and then you
can drive, you can get to where you're going. So
the certainty of saying, okay, tariffs are going to fall
in this range is all right.
Speaker 1 (14:42):
Now I know what I'm dealing with. Now I know
how I have to price, how I have to order,
how I do a bunch of things.
Speaker 2 (14:48):
But much of this is also predicated on the idea
that you trust that Trump is going to hold to it.
Speaker 1 (14:57):
He's been known to change his mind. That's all I'm saying.
That's it.
Speaker 2 (15:04):
But yes, there have been companies cutting their expectations. They
are saying this, there's a lot of things where it's
just not going to be as good as we thought.
And then there's the weirdest deal in the world because
I don't quite understand why it's so much and how
(15:25):
the deal works. I'm not an expert on trains. Union
Pacific is buying Norfolk Southern Train Company buying train company
eighty five billion dollars. It's going to be the first
coast to coast freight rail operator. Is it really ever
(15:46):
in the history of the country, how things move from
point A to point B.
Speaker 1 (15:56):
I wonder if there are those.
Speaker 2 (15:59):
In our government are going to be like, well, this
is a This is a bit of a monopoly conversation,
isn't it that?
Speaker 1 (16:05):
Again? Who else is in the freaking train business? Can
you have a monopoly when nobody else is interested?
Speaker 2 (16:14):
And I should say at least from names that we
would know, because there could be others that are interested.
But this is it's gigantic, eighty five billion. I guess
I'm not paying attention to exactly how many goods are
coming across the nation by train, because one has to
(16:35):
assume that there's money in this, a whole bunch of
loot in this.
Speaker 1 (16:41):
That's an interesting that's an interesting deal.
Speaker 2 (16:44):
And we've discussed before that, you know, odd economic times
are opportunities for for for some. I guess eighty five
billion dollars is an opportunity. Man, I need to get
a better contract. Tony Katz WIBC, good morning. You see
(17:05):
you did this because you're playing the end credits. So
this isn't really a theme song, is it? If you're
playing the end credits. But Producer Carl, he's sneaky. He's
a trickster. Tony Katz ninety three WIBC, Good morning, It's
time to.
Speaker 1 (17:25):
Play America's favorite game. What the heck? What the heck?
Who he is.
Speaker 2 (17:30):
That television theme song? Here's how we play our game.
Producer Carl picks a television theme song from yesteryear. I
have to guess what it is, but I'm telling you
he went, he went the reverse.
Speaker 1 (17:43):
There he went with the end credits. Sometimes you have
to right.
Speaker 2 (17:49):
But I'll start by going down the usual road. I
will even if I know it, I will phone a friend.
Speaker 1 (18:00):
Bear. What is the television theme song?
Speaker 2 (18:02):
I know the end credits to ThunderCats when I hear
him toning, that's.
Speaker 1 (18:05):
Right, ThunderCats? Correct? That is that is correct? Now? This
is the theme to mister Belvidere. What is it? Mama's Family?
It was Mama's Family. Mama's Family.
Speaker 2 (18:22):
We've done mister Belvidere. Yeah, but I thought it was
the end credits. I thought it was the end credits
from from Belvidere, because it's the same style.
Speaker 1 (18:33):
It's the same style. I went with Belvidere.
Speaker 2 (18:35):
All right, I've been played, I've been had, I've been
flim flammed, I've been hornswaggled, the whole thing. You can
find all of our selections of theme songs there at
WWC dot com.
Speaker 1 (18:50):
We have a list. Yep.
Speaker 2 (18:53):
I went with end credits of Belvidere. It was Mama's Family. Congratulations.
Congratulations chat room, you win. You win a couple of
save the dates.
Speaker 1 (19:04):
For you if you want them. I'm happy to do it.
Speaker 2 (19:11):
First things first, August twenty third, I am absolutely ready.
We will have Nick Cercy, actor, producer, director, author. His
documentary about January sixth is incredible. His work on Justified
and I mean name the movie, and he's done it
(19:33):
absolutely all. He will be with me in Westfield at
west Fork Whiskey August twenty third. It is going to
be a fantastic night of bourbon and conversation. Nick Sercy
from LA to the Midwest and never looking back. Like myself,
he has left Los Angeles and came home him just
(19:55):
over the Ohio River in Kentucky. So he's going to
be up here. We're gonna be talking, We're gonna be drinking,
talking about Hollywood, the future there, talking about the future
of content in general, his work regarding January sixth, what
he learned, who's covering up what, and what he thinks
of both parties, and of course just a good time
(20:17):
in between. It's gonna be fantastic. Sponsorship is now available.
You can email me Tonyatonikatz dot com. I will make
sure you are well taken care of. Tickets go on
sale next week.
Speaker 1 (20:29):
It is me.
Speaker 2 (20:30):
It is Nick Cercy of television's Justified and a whole
bunch of movie I mean, name the movie Fry Green Tomatoes.
He was in it, Castaway, he was in it. Three
billboards out of outside of Eban, Missouri.
Speaker 1 (20:41):
He was in it.
Speaker 2 (20:42):
He's done it all, everything from LA to the Midwest
and never looking back. That it's gonna be a fantastic night.
You're gonna want to get your tickets because they are
going to sell quickly, and I'm looking for your help
to make sure I'm doing this in like three and
a half weeks. I know it's crazy, but it's happening.
This is what we're doing. That's August twenty third, and
(21:04):
I was very, very very happy to see inside the
current newspapers a fantastic article about Greg and Julie Papagianus
and a group called Indiana Wish. I'm friends with Greg
(21:30):
and Julie. Indiana Wish. People think it's part of Make
a Wish, it is not. And they tell a great
story about how they got involved with this group that
helps kids in need in Indiana who are dealing with
serious medical issues.
Speaker 1 (21:47):
And wanting to help them, and how.
Speaker 2 (21:52):
They were actually discussing issues they had with one organization
they learned about Indiana Wish to become a mass part
of it.
Speaker 1 (22:00):
And they're getting honored.
Speaker 2 (22:02):
At an event that's taking place on September twentieth. It's
called Bourbon Bling and bow Ties and it is being
MC by yours truly, so they are getting honored there,
but mostly it is just an incredible night, good food,
(22:22):
great bourbon, a good cause, a good time. You can
go to Indiana Wish dot org and you can get
all the information. Just click on the events and it
will be there. I will be there.
Speaker 1 (22:34):
I am your EMC. There will be.
Speaker 2 (22:39):
There'll be live auction, silent auction. A cigar lounge presented
by Blend Barr's Cigar it's going to be very very good.
Speaker 1 (22:47):
It's going to be very very good.
Speaker 2 (22:50):
The entertainment dueling pianos done by hal at the moon
that is September twentieth is when that is. And you
can go to Indiana Wish dot org and find out more.
And if you get any of the current papers you
are current dot com. You should read the story about
Greg and Julie. There are good people in this world
doing good work. Not everything is terrible. Not everybody is
(23:15):
out of their head. You know, some people.
Speaker 1 (23:18):
Are like, hey, how can we help, Hey, how can
we be a part of something? And here we are.
Speaker 2 (23:24):
So read the story and then learn about the organization
and then be supportive. And also August twenty third tickets
available next week. Sponsorships are available right now. Just email
me Tony at Tony kats dot com and we will
get that going.
Speaker 1 (23:38):
It's gonna be good. Oh cannot wait. Nick's great.
Speaker 2 (23:41):
I have known Nick for since since my LA days,
and I actually he had a web series for a
while he did Just for Fun, and I was in
that web series. I will I will share that. I
will share that at the event. It's gonna be It's
gonna be good. Email me Tony at Tony kats dot com.
Sponsorship and tickets to be on sale next week. Just
(24:04):
that easy, just that simple. Will be talking more about
the trade deals. And of course you have this guy
who wanted to go kill people in the NFL headquarters.
Why what was the rationale behind it? And why did
the press, specifically CNN say that this was likely a
(24:24):
white person when they didn't have any information at the time,
and then it turns out that this killer is not
not white.
Speaker 1 (24:33):
Why would you?
Speaker 2 (24:34):
Why does it always have to be race first, race
all the time, which will bring us to the police
chief in Cincinnati. Oh do I have thoughts there? That's
all coming up on Tony kats today at noon. I'll
catch you that
If we could all. I shouldn't say all, because it's
not us.
Speaker 2 (00:16):
If all the people enamored with Caitlin Clarks that could
just stop with the stalking, that would be great. There's
nothing that freaks me out or creeps me out more.
Stalking is very, very weird. Guy gets a two and
a half year sentence for a Level six fellon account
(00:37):
of stalking. This is a plea agreement with the Marion
County Prosecutor's Office. The maximum available for the charge. Pled
guilty to Class B misdemeanor harassment one hundred and eighty
day sentence on the charts suspended and received one hundred
and ninety seven days her time served, which means he
(00:57):
will serve less than two years of his cent it.
Tony Katz ninety three WIBC, good morning, Good to be
with you. I get it you like her, but there's
no need for you to be sending weird messages and
threatening messages and people have to change their entire routine.
Speaker 1 (01:20):
It is just it is just nutty.
Speaker 2 (01:24):
And whether it's Kaitlyn Clark, somebody in the public eye,
or somebody who is your neighbor talking, this is just
it's some of the ugliest stuff in the world, and
it's scary how it's very hard to deal with these
kinds of things, So don't stalk people. It's the best
(01:45):
I can tell you. I'm certainly happy for Katelon Clark.
I don't know. I've never met Caitlin Clark. I just
assume everybody on the Indiana Fever listens to the show
every day and then talks about it during practice.
Speaker 1 (01:57):
I like to believe that part true. I like, I do,
I truly doh.
Speaker 2 (02:03):
I only hope she's all right, and I hope this
never happens to her again. We're going to take a
look at these trade deals. Doctor Matt will joins us
from the University of Indianapolis economist. Do they all add
up to the wow factor that everybody's giving them?
Speaker 1 (02:18):
Tony Katz ninety three WIBC, Good.
Speaker 3 (02:20):
Morning, American Consumers, Plain and simple. Trump would have you
believe it's the biggest deal ever. That's his words, Dangley,
two hundred and fifty billion dollars of new energy purchases
and more new investments. They're just one heatcup.
Speaker 1 (02:36):
It's fake. Even Today's Wall Street.
Speaker 3 (02:40):
Journal has pierced this miasma of distortion.
Speaker 2 (02:47):
You know, every time you hear Chuck Schumer talk, you
have to wonder, my god.
Speaker 1 (02:52):
His staff has to hear that every day. That's rough,
very rough. Tony. Kat's good to be with you.
Speaker 2 (03:00):
Doctor Mattwell joins as economist at the University of Indianapolis.
Senator Schumer is talking about the trade deal with the EU.
It's fake, it's not real. Well, it's clearly real. The
question is how much of this stuff would have come anyway?
Deals on energy and deals on on buying military hardware.
Wasn't this going to be purchased no matter what? But
(03:22):
maybe the story here is that it got announced as
a deal, which certainly has put the European Union on
its heels, saying, my gosh, how could we have let
this happen with a tariff of fifteen percent of our
goods and no tariff on the vast majority of American goods.
But in the end, the question before us is what
do we get out of it? And how do we
(03:44):
know that it's happening? So let's start a doctor Mattwell,
economist at the University of Indianapolis. Where we start, which
is you hear about this story from the about this
trade deal with the EU. We've heard about other trade
deals as well as a or Japan, etc.
Speaker 4 (04:01):
What say you, Well, first of all, let's start with
the terms. I like what I'm hearing as far as
the terms, and we've been saying forever we just need clarity,
we need certainty, and we now know the framework. It's
pretty much going to be globally about a fifteen to
twenty percent tariff on all goods imported into the US.
We're going to have what we call trqs, which is
(04:24):
tariff rate quotas. That's what you just mentioned Tony about this.
They're going to buy all these things from US, military
hardware and other things. That was maybe gonna happen anyway,
maybe not, because what it does is it creates a
zero for zero tariff, meaning that no tariffs on stuff
that goes back or forth in that category, which makes
(04:44):
our products more competitive. Our energy will be cheaper, our
military hardware will be cheaper. They're not going to go
to the UK, they're not going to go someplace else.
They're going to buy it from US. So that's a
really good thing. And they've agreed to invest in the USA.
So you know, Schumer is completely wrong There's a lot
of good parts to this, and the most important thing
is Wall Street loves that there's certainty. They now can
(05:08):
say we can move forward. We know what the terms
are going to be. That's been the biggest issue so
far is the uncertainty, and now we have certainty.
Speaker 2 (05:17):
So this certainty is predicated on them actually buying from
the US. Right markets are are going to be open
and there for the first time.
Speaker 1 (05:27):
Is it that they're going to be buying or does.
Speaker 2 (05:29):
The certainty come from fifteen to twenty percent that's the
tariff right now. Everybody can budget if you will from
that place.
Speaker 4 (05:38):
It's both. It's both of those things. We know the
range of the tariffs. It's not going to be thirty
five fifty two hundred percent. It's going to be fifteen
to twenty percent against for everyone in the world. That's
a good thing, and it makes our goods cheaper. It's
not that they're guaranteed to buy these things, Tony, but
when you remove all the trade barriers and all the tariffs,
US goods are going to be more affordable. Oh yes,
(06:00):
they will buy these things. If you're looking around to
buy a gun, and you can buy a gun a
Baretta made in Italy, or you can buy one made
in the US. And by the way, Bretta makesed guns
in the US, and the US made gun is cheaper,
that's what you're going to buy.
Speaker 2 (06:15):
Talking to doctor Matt Will, economist at the University of Indianapolis,
that might be true in, for example, the scenario that
you just laid forth. But we are saying that any
good you buy outside of something made in the US,
and not every good is made in the US, it's
going to be fifteen to twenty percent higher.
Speaker 1 (06:35):
Just deal with it. This is coming correct.
Speaker 4 (06:39):
Oh yes, In fact, you know I've been saying, with
all the good parts of these deals, there are bad parts.
There are losers in this. The losers are any company
that's a net importer. The loser is anything that's made
with steel or aluminum, and the biggest loser is you
and I. We're going to pay it a fifteen percent tariff, Tony.
Let me explain very clearly what that is. That's a
(06:59):
fifteen percent national sales tax. We've never had that before.
And people need to be ready because corporations have been
reporting earnings this week, they're not good, and they've indicated
they will pass along their price increases. Delant has made
a huge announcement yesterday about that.
Speaker 1 (07:16):
Now, let's get into this because this has been right.
Speaker 2 (07:19):
You've got Bill Maher saying, I can't believe the tariffs
are working a lot of people are talking very very
well about the tariffs. Trump was right about the tariffs.
The argument has been in a very rational way, tariffs
tactic fine, tariff's policy I oppose. But the tariffs have
not been passed through. And whether it's it's General Motors,
Toyota hosts people specifically on the auto manufacturing, they're not
(07:42):
passing the tariffs along, and the economics would dictate that
that cannot last for forever. Are you saying that the
dam is about to break and we're about to see
the price increases on the things we can't avoid spending on.
Speaker 4 (07:57):
Absolutely, and we've already seen it. Remember the last inflation
report we saw last week had an uptick inflation. Yet
today this week, Okay, Stilantis announced a two point sixty
five billion dollar cut in or loss and they warned
we're going to increase car prices. Whirlpool, they cut their
dividend by fifty percent.
Speaker 1 (08:18):
Tony.
Speaker 4 (08:18):
That has not happened in decades, and they make eighty
percent of their appliances in the US, and they said
they're going to have to increase costs. Novo Nordis, MRK,
they all cut guidance these companies. Tony, you can't be
a car maker and lose money. Stalantis can't move lose
two and a half billion dollars without increasing prices. You
(08:41):
will see a price increase just I don't know when,
but it'll be soon.
Speaker 2 (08:46):
But with Stilantis, we should at least admit that they
have not done the job in making the vehicles they
needed to over the last five years.
Speaker 1 (08:55):
They will admit to that.
Speaker 2 (08:56):
You had the massive fight between the dealers and the CEO,
Carlos I'm forgetting his last name right now, where he
eventually got pushed out because the cars were not well
made and they weren't getting the backup at the dealerships,
and he basically said to the dealers, I'm in charge,
You'll do what I tell you. So there is a
specific story there regarding maybe their own losses.
Speaker 1 (09:20):
Those aren't not in every situation. Is the tariff the
reason for the loss.
Speaker 4 (09:25):
But Tony, you said it perfectly, and we talked about
this on one of your shows before. If we create
a tariff to protect a company like Stilantis or like Whirlpool,
does that make them a better company. Whirlpool's market share
went from forty two percent down to thirty two percent
last year. They had disastrous financial results reported this week,
(09:46):
and we're going to tariff to protect Whirlpool from competition.
We're going to tariff to protect the domestic Stilantis when
they're a bad company. Tariffs aren't going to make a
bad company into a good company. It's just going to
make the pain prolonged.
Speaker 2 (10:02):
Talking to doctor Matt Will, economists at the University of Indianapolis,
Now we have these deals in place, everything to me,
all roads leads to a lead to what happens to
a deal with China. I had said, you need Japan,
you need Vietnam, you need South Korea, you need India,
you need those deals set until you see a.
Speaker 1 (10:23):
Pressure point on China.
Speaker 2 (10:25):
But China has to be paying attention to what it
is they're seeing. Are they trying to maneuver for a
better deal, Are they trying to maneuver for any deal?
Or are they still full steam ahead not worrying about
what happens with the US.
Speaker 4 (10:40):
I think they're full steam ahead, Tony, But China is
Can I say a very technical, nerdy, a professional stupid?
Speaker 1 (10:50):
Ah?
Speaker 4 (10:51):
Yeah, that you might want to write that down and
look it up on Google. This we just found out
this week. India now exports more apple produce to the
United States than China. Their exports are up two hundred
and forty. I see the world shifting away from China.
We've talked about this on your show before. That India
(11:12):
is in Bangladesh and Vietnam, these other places are starting
to take China's business. So yeah, China, they're probably walking
along thinking everything's going to be fine, and they look
around and say, where'd all the businesses go?
Speaker 2 (11:27):
The the India being up as China responded to this
at all of they look to reducing the costs of
their of their production or anything else.
Speaker 4 (11:38):
No, No, that's that's That's why I call it pure stupidity.
They have not reacted to this. And really they're in
the cheap goods market. Other than making things like you know,
the iPhones and apple products, they mostly make the cheap
good products. They make the Chotsky's, they make the low
low value items so you know, they're just neandering along
(11:59):
getting eaten up by the competition. They're in a recession.
Speaker 1 (12:01):
We all know this.
Speaker 3 (12:03):
I don't.
Speaker 4 (12:03):
I think China may be a bystanderd.
Speaker 1 (12:05):
At the end of the day, we will discuss it further.
Speaker 2 (12:09):
Doctor Matt Will, economist at the University of Indianapolis. Dr
Matt will Wil Doctor Matt Will on the Twitter X
find him there.
Speaker 1 (12:18):
Time to fill up on the news.
Speaker 2 (12:19):
Tony Katz at ninety three WIBC, Good morning, what is
going on? You've got doubt futures up fifty one NASDAK
futures up one oh three. Oil prices up sixty seven
dollars now on the West Texas crewed coming out of
the ground, the Brent crewed coming out of the oceans,
seventy dollars thirty five cents a barrel of the ten
(12:41):
year treasury down a little bit at four point three
eight to two, not down enough to count. And as
we were discussing with doctor Will, Nova Nordisk, novo nordesk,
not neurodisc Nordisk. Those shares are down because of a
cut on guidance. Everybody's expecting it. I get with them.
(13:06):
What we're discussing with the economy. Everything else is gearing
up for something else taking place.
Speaker 1 (13:13):
I want, I want it to be wrong.
Speaker 2 (13:14):
I want I want everything to work out. They're gearing
up for what happens with tariffs and other things to
have an effect.
Speaker 1 (13:24):
Period. The data says what the data says. And what's been.
Speaker 2 (13:28):
Amazing is that so far the the.
Speaker 1 (13:33):
Reality has kind of pushed the the.
Speaker 2 (13:37):
Data to the side and said, yeah, we know what
you say, but aha, here we are.
Speaker 1 (13:41):
I just don't I'm with doctor Willing this one. I
don't think it can last. I don't think it can.
Speaker 2 (13:46):
But I do agree, and I thought that this was
absolutely the right message. It is certainty that leads to opportunity.
If I know what the rules are of any game,
I can play the game.
Speaker 1 (14:00):
Well.
Speaker 2 (14:00):
It's one of the reasons that I so oppose Marxism,
this whole idea of a pronoun, this whole pronoun ridiculousness.
You don't use the price pronoun. You're not addressing me right,
you're dead naming me all this garbage. If you change
the rules of the game and people do not know
how to act, you aren't more free.
Speaker 1 (14:16):
You're actually less free.
Speaker 2 (14:17):
By getting rid of the rules, and by doing so
you put people on eggshells, and therefore there's no actual movement.
There's no way to go forward, to grow, to build,
there's only a.
Speaker 1 (14:28):
Collapse that takes place.
Speaker 2 (14:30):
You need the rules of the road in order to
be able to know how to drive, and then you
can drive, you can get to where you're going. So
the certainty of saying, okay, tariffs are going to fall
in this range is all right.
Speaker 1 (14:42):
Now I know what I'm dealing with. Now I know
how I have to price, how I have to order,
how I do a bunch of things.
Speaker 2 (14:48):
But much of this is also predicated on the idea
that you trust that Trump is going to hold to it.
Speaker 1 (14:57):
He's been known to change his mind. That's all I'm saying.
That's it.
Speaker 2 (15:04):
But yes, there have been companies cutting their expectations. They
are saying this, there's a lot of things where it's
just not going to be as good as we thought.
And then there's the weirdest deal in the world because
I don't quite understand why it's so much and how
(15:25):
the deal works. I'm not an expert on trains. Union
Pacific is buying Norfolk Southern Train Company buying train company
eighty five billion dollars. It's going to be the first
coast to coast freight rail operator. Is it really ever
(15:46):
in the history of the country, how things move from
point A to point B.
Speaker 1 (15:56):
I wonder if there are those.
Speaker 2 (15:59):
In our government are going to be like, well, this
is a This is a bit of a monopoly conversation,
isn't it that?
Speaker 1 (16:05):
Again? Who else is in the freaking train business? Can
you have a monopoly when nobody else is interested?
Speaker 2 (16:14):
And I should say at least from names that we
would know, because there could be others that are interested.
But this is it's gigantic, eighty five billion. I guess
I'm not paying attention to exactly how many goods are
coming across the nation by train, because one has to
(16:35):
assume that there's money in this, a whole bunch of
loot in this.
Speaker 1 (16:41):
That's an interesting that's an interesting deal.
Speaker 2 (16:44):
And we've discussed before that, you know, odd economic times
are opportunities for for for some. I guess eighty five
billion dollars is an opportunity. Man, I need to get
a better contract. Tony Katz WIBC, good morning. You see
(17:05):
you did this because you're playing the end credits. So
this isn't really a theme song, is it? If you're
playing the end credits. But Producer Carl, he's sneaky. He's
a trickster. Tony Katz ninety three WIBC, Good morning, It's
time to.
Speaker 1 (17:25):
Play America's favorite game. What the heck? What the heck?
Who he is.
Speaker 2 (17:30):
That television theme song? Here's how we play our game.
Producer Carl picks a television theme song from yesteryear. I
have to guess what it is, but I'm telling you
he went, he went the reverse.
Speaker 1 (17:43):
There he went with the end credits. Sometimes you have
to right.
Speaker 2 (17:49):
But I'll start by going down the usual road. I
will even if I know it, I will phone a friend.
Speaker 1 (18:00):
Bear. What is the television theme song?
Speaker 2 (18:02):
I know the end credits to ThunderCats when I hear
him toning, that's.
Speaker 1 (18:05):
Right, ThunderCats? Correct? That is that is correct? Now? This
is the theme to mister Belvidere. What is it? Mama's Family?
It was Mama's Family. Mama's Family.
Speaker 2 (18:22):
We've done mister Belvidere. Yeah, but I thought it was
the end credits. I thought it was the end credits
from from Belvidere, because it's the same style.
Speaker 1 (18:33):
It's the same style. I went with Belvidere.
Speaker 2 (18:35):
All right, I've been played, I've been had, I've been
flim flammed, I've been hornswaggled, the whole thing. You can
find all of our selections of theme songs there at
WWC dot com.
Speaker 1 (18:50):
We have a list. Yep.
Speaker 2 (18:53):
I went with end credits of Belvidere. It was Mama's Family. Congratulations.
Congratulations chat room, you win. You win a couple of
save the dates.
Speaker 1 (19:04):
For you if you want them. I'm happy to do it.
Speaker 2 (19:11):
First things first, August twenty third, I am absolutely ready.
We will have Nick Cercy, actor, producer, director, author. His
documentary about January sixth is incredible. His work on Justified
and I mean name the movie, and he's done it
(19:33):
absolutely all. He will be with me in Westfield at
west Fork Whiskey August twenty third. It is going to
be a fantastic night of bourbon and conversation. Nick Sercy
from LA to the Midwest and never looking back. Like myself,
he has left Los Angeles and came home him just
(19:55):
over the Ohio River in Kentucky. So he's going to
be up here. We're gonna be talking, We're gonna be drinking,
talking about Hollywood, the future there, talking about the future
of content in general, his work regarding January sixth, what
he learned, who's covering up what, and what he thinks
of both parties, and of course just a good time
(20:17):
in between. It's gonna be fantastic. Sponsorship is now available.
You can email me Tonyatonikatz dot com. I will make
sure you are well taken care of. Tickets go on
sale next week.
Speaker 1 (20:29):
It is me.
Speaker 2 (20:30):
It is Nick Cercy of television's Justified and a whole
bunch of movie I mean, name the movie Fry Green Tomatoes.
He was in it, Castaway, he was in it. Three
billboards out of outside of Eban, Missouri.
Speaker 1 (20:41):
He was in it.
Speaker 2 (20:42):
He's done it all, everything from LA to the Midwest
and never looking back. That it's gonna be a fantastic night.
You're gonna want to get your tickets because they are
going to sell quickly, and I'm looking for your help
to make sure I'm doing this in like three and
a half weeks. I know it's crazy, but it's happening.
This is what we're doing. That's August twenty third, and
(21:04):
I was very, very very happy to see inside the
current newspapers a fantastic article about Greg and Julie Papagianus
and a group called Indiana Wish. I'm friends with Greg
(21:30):
and Julie. Indiana Wish. People think it's part of Make
a Wish, it is not. And they tell a great
story about how they got involved with this group that
helps kids in need in Indiana who are dealing with
serious medical issues.
Speaker 1 (21:47):
And wanting to help them, and how.
Speaker 2 (21:52):
They were actually discussing issues they had with one organization
they learned about Indiana Wish to become a mass part
of it.
Speaker 1 (22:00):
And they're getting honored.
Speaker 2 (22:02):
At an event that's taking place on September twentieth. It's
called Bourbon Bling and bow Ties and it is being
MC by yours truly, so they are getting honored there,
but mostly it is just an incredible night, good food,
(22:22):
great bourbon, a good cause, a good time. You can
go to Indiana Wish dot org and you can get
all the information. Just click on the events and it
will be there. I will be there.
Speaker 1 (22:34):
I am your EMC. There will be.
Speaker 2 (22:39):
There'll be live auction, silent auction. A cigar lounge presented
by Blend Barr's Cigar it's going to be very very good.
Speaker 1 (22:47):
It's going to be very very good.
Speaker 2 (22:50):
The entertainment dueling pianos done by hal at the moon
that is September twentieth is when that is. And you
can go to Indiana Wish dot org and find out more.
And if you get any of the current papers you
are current dot com. You should read the story about
Greg and Julie. There are good people in this world
doing good work. Not everything is terrible. Not everybody is
(23:15):
out of their head. You know, some people.
Speaker 1 (23:18):
Are like, hey, how can we help, Hey, how can
we be a part of something? And here we are.
Speaker 2 (23:24):
So read the story and then learn about the organization
and then be supportive. And also August twenty third tickets
available next week. Sponsorships are available right now. Just email
me Tony at Tony kats dot com and we will
get that going.
Speaker 1 (23:38):
It's gonna be good. Oh cannot wait. Nick's great.
Speaker 2 (23:41):
I have known Nick for since since my LA days,
and I actually he had a web series for a
while he did Just for Fun, and I was in
that web series. I will I will share that. I
will share that at the event. It's gonna be It's
gonna be good. Email me Tony at Tony kats dot com.
Sponsorship and tickets to be on sale next week. Just
(24:04):
that easy, just that simple. Will be talking more about
the trade deals. And of course you have this guy
who wanted to go kill people in the NFL headquarters.
Why what was the rationale behind it? And why did
the press, specifically CNN say that this was likely a
(24:24):
white person when they didn't have any information at the time,
and then it turns out that this killer is not
not white.
Speaker 1 (24:33):
Why would you?
Speaker 2 (24:34):
Why does it always have to be race first, race
all the time, which will bring us to the police
chief in Cincinnati. Oh do I have thoughts there? That's
all coming up on Tony kats today at noon. I'll
catch you that
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