Episode Transcript
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Speaker 1 (00:00):
Let's push the button
.
Speaker 2 (00:01):
No, you didn't say
the right thing.
You can't just change it.
Speaker 1 (00:04):
I like it.
Speaker 3 (00:05):
Make it so.
Speaker 2 (00:07):
Engage Engage Engage
warp drive.
Speaker 1 (00:10):
Throttle ahead Full
speed and action.
Speaker 3 (00:23):
Hey everybody,
welcome to the Outer Belt.
I'm Patrick and you all know myfriends Chili, buttermilk.
Speaker 4 (00:28):
Eric.
Speaker 5 (00:29):
Zucchini bread.
Speaker 3 (00:30):
And Jerry, and
tonight we have a wonderful show
lined up for you.
This is our fourth or fifthtime we've started this show so
far.
I know you may have missedseveral already, but by missed I
mean we edited them out so youdidn't have to endure that.
But this one's going to stick.
I feel it in my core.
And the way I know that I canfeel it in my core is because of
(00:51):
today's sponsor, the OTRMattress Company.
Speaker 2 (00:56):
The.
Speaker 3 (00:56):
Over the Road
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We want to thank them so muchfor their contribution, for
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Speaker 1 (01:11):
Sleepily.
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Speaker 1 (01:30):
I would hope your
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Speaker 3 (01:32):
It's not, it's over a
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different story.
But, melissa, you slept on anover-the-road mattress company
when you were over the roadwhile Chili was driving.
Yes, and how was it?
Speaker 1 (01:43):
I didn't have to
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(02:13):
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Speaker 3 (02:52):
Yes, and we want to
thank them for their support of
the show and for the support ofour sleepologist, yeah.
Speaker 2 (03:02):
Yeah, our
sleepologist is a very important
role here at Highfield Trucking.
Yes, and they personally pickout each and every over-the-road
mattress that goes out, do they?
Speaker 1 (03:15):
The sleepologist.
Speaker 2 (03:16):
Sleepologist, they
check them out.
Speaker 1 (03:18):
Yeah, I never knew
that they're good yeah.
Speaker 3 (03:20):
Power naps Fascinate
power naps.
Speaker 2 (03:24):
I was hoping they
would read between the lines.
There's only one way to check amattress.
Well, two ways, but one waywell, we hate to get political.
Speaker 3 (03:36):
It's just not what we
do on this show.
We're not those people.
However, we are living in whatI would like to call the tariff
times Bum, bum, bum, clouds,music, thunder.
Speaker 1 (03:53):
Big symphony music.
Speaker 3 (03:54):
Today, I believe, was
the kickoff of the great
tariffs of 2025, is it not?
Speaker 2 (04:00):
It was supposed to be
yes, and what happened?
Well, both Mexico and Canadahad conversations with President
Trump.
Speaker 3 (04:07):
Is that Canada, oh,
canada.
Speaker 2 (04:09):
Oh, canada, that's
long, any of that stuff.
Speaker 3 (04:14):
Yeah, so anyways,
they had-.
Speaker 2 (04:16):
They had
conversations with President
Trump.
Speaker 3 (04:18):
The entirety of
Mexico and Canada, the entirety
of Mexico and Canada.
Can you imagine?
Speaker 2 (04:22):
Zoom has come a long
way from where they were before
COVID.
Speaker 3 (04:25):
What's that plan cost
, Jerry?
Speaker 1 (04:27):
What's the 100?
Speaker 3 (04:29):
million person plan
cost.
Speaker 2 (04:32):
So the presidents of
Mexico and the prime minister of
Canada both had a conversationwith President Trump
independently.
A conversation with PresidentTrump independently, and they
(04:53):
came to an agreement where we'regoing to temporarily suspend
the tariffs that were announcedfor 30 days, while they make
changes to the issues thatPresident Trump had with their
individual countries.
Mexico is deploying what wasthe number?
100,000?
.
Speaker 3 (05:03):
Was it 100,000 or
10,000?
It might have been 100,000?
.
Was it 100,000 or 10,000?
Speaker 2 (05:07):
It might have been
100,000.
It is 10,000 National Guardmembers to the border to help
prevent drug trafficking fromMexico to the United States.
The United States is committedto helping to stop.
Working to prevent traffickingof high-powered weapons into
Mexico Makes sense.
So we're looking at 30 dayswhere we'll see what happens
there and hopefully those Ishouldn't say hopefully, that's
(05:29):
given an opinion but then ifthings happen correctly, the
tariffs will not be reinstatedin 30 days.
On the Canadian border theywere a little late to the party,
weren't they?
Speaker 3 (05:43):
They?
Speaker 2 (05:43):
were, because the
first article that I saw was
strictly Mexico.
Yes, I saw the same thing andthen I saw another one that
actually talked about whatCanada is doing.
I guess their plane was late.
Speaker 3 (05:54):
So I actually had a
call this morning with some of
our people we work with and wewere talking over freight cycles
and what's happening andobviously this is a huge part of
it.
And even at that point thismorning there were still some
people that were like Canadasaid something.
(06:15):
But we're not positive if it'sgoing to stick.
From what I read now, it lookslike it's stuck.
Yeah, for 30 days at least.
It's not for a long time.
Speaker 1 (06:23):
Is 30 days enough
time to see if the temporary
Band-Aid is going to fix theproblem?
Whatever, the problem is?
Speaker 3 (06:31):
I don't think it's
really seeing what will fix the
problem.
I think it's a gesture ofgoodwill.
From both countries that waythey can have 30 more days to
talk and negotiate.
It's a ceasefire, just likeyou'd see in the Middle East, of
like you give a little this,you give a little that.
It's not what either one ofthem really wants, but it buys
(06:52):
so much time of not killinganyone or, in this case, not
tariffing anyone to be able tohave those discussions.
Speaker 2 (07:01):
I think it.
Also, if those discussions areproductive over the next 30 days
, I then you know we lookforward to more of that in
actions, because actions do takelonger right?
So for those things to happen,if for some reason, someone gets
stubborn and throws a fit anddoesn't want to move, doesn't
(07:23):
want to compromise, then we maysee those tariffs go back into.
Throws a fit and doesn't wantto move, doesn't want to
compromise, then we may seethose tariffs go back into
effect.
This is just me speculating,because it doesn't really give
us any sort of guidance otherthan what the plans are.
Speaker 1 (07:38):
Yes, and so what
happened between Canada and the
US?
You mentioned what Mexico andthe US agreed to.
Speaker 3 (07:46):
Canada is going to
implement a $1.3 billion border
plan which includes morechoppers and technology
personnel.
To what did he say?
Enhance coordination with theirAmerican partners and increase
their resources to stop the flowof fentanyl.
I was going to say to helpfentanyl, but that's opposite of
what we're trying to do.
Speaker 2 (08:07):
So yeah, and they're
also saying nearly 10,000
frontline personnel are and willbe working on protecting the
border, so it looks like they'relooking to increase the
personnel that are on the border.
Yeah.
Speaker 3 (08:21):
It really looks like
this is a case where what's
coming through canada isfentanyl yeah, that's.
You know that's really the onlything that kind of really
harped on, um.
So I know that trump's alwaystalking about a trade imbalance,
that sort of thing, um, so I'msure that's part of it.
But at least this step is wewill do more to help stop
(08:43):
fentanyl coming across theborder, which I will say as
someone who used to be a driverthat would drive in and out of
Canada all the time commercialvehicles.
Canada has very little, if any,border Patrol presence at the
borders.
Right, jerry, it was all theAmericans that really were the
(09:06):
border patrols.
So you could, they weren'treally doing a lot to stop
anything coming from Canada intoAmerica at all.
Now, the American border agentsI think we've talked about them
before you're presumed guiltyuntil you've proven your
innocence.
Speaker 1 (09:22):
Wow.
Speaker 3 (09:23):
But I could certainly
see this being a case where um,
there you know, there arethings they could do to help up
up what they're already doing.
So it is interesting.
I uh was listening to, um, somepeople talk about this, like I
said earlier, and they weretalking about how, over the past
um week or so, it's been a madrush in these countries to get
(09:45):
as much product out of thesecountries as possible.
Anybody that was manufacturingitems in Mexico or in Canada for
the past week.
It's been a rush to get as muchproduct out because they knew
they were going to have thesetariffs.
So get it out as much as theycan.
That way they can get thatproduct once it's out of the
country, then it doesn't havethe tariff.
So get it out as much as theycan.
(10:07):
That way they can get thatproduct once it's out of the
country, then it doesn't have totariff.
So I know there was a mad dashto get all that out, which
inflated freight a little bitNot a ton, but it did a little
bit and then we saw the completeopposite happen.
So Kansas City Railway and andCanada.
Canadian National.
Yes, they joined forces severalyears ago or a couple years ago
(10:31):
.
They joined and combined tobecome one big company.
Their stock prices have taken amajor hit because so much of
what they do is Canada intoAmerica and back, back and forth
.
And leading up until really toTuesday, canada was saying well,
(10:52):
if you're going to charge us25% tariff, we're going to
charge you 25% tariff a tit fortat, so to speak.
And they just knew that wasgoing to murder the railways.
It was going to make it reallyhard for them to operate because
there'd be no freight to goback and forth.
It's been an interesting fewdays where we've seen this
massive influx of freight andthen immediately followed by the
(11:12):
stock market correcting itself,knowing, hey, this is about to
happen.
Yeah, it's been interesting.
So I am glad to see that wehave a 30-day reprieve of this.
But the real question is what'sgoing to happen Now?
There was a 10% tariff going toChina.
So the 10% Chinese tariffs thatI could Tariffs on China, I
(11:39):
should say it seems to be on abroad grouping of goods, I think
household goods.
If you remember, a couple weeksago we talked about tariffs.
Speaker 5 (11:53):
It was T-MU, wasn't
it?
Yeah, what was it called?
Speaker 3 (11:57):
The Border Patrol,
they were Getting the exemption.
Speaker 2 (12:01):
Yes, it was an
exemption Items under a certain
amount $800.
Speaker 3 (12:05):
So I think this is
attacking more of that kind of
stuff.
It says it's going to be about$450 billion worth of Chinese
goods being targeted by the US,so it's a lot.
It's interesting.
There's a lot of people thatare super nervous about we're
getting these 10% increases intariffs.
(12:26):
That's going to hurt theAmerican people, because the
goods you're about to buy arenow 10% higher.
But there's a lot of peoplesaying it's not far enough
because 10% increase isrelatively small and during
Trump's election he was actuallysaying 60% up to 60% is what he
was going to charge in tariffs,which at that point, you are
saying we can just no longer buyproduct from you.
(12:48):
We now have to buy it elsewhere.
So there's a lot of peoplethinking this might just be a
move on Trump's end to try andmake China work with us and just
know that, hey, if this 10%doesn't work, we'll ramp it up
to 20%, we'll ramp it up to 30%,kind of thing.
Speaker 1 (13:04):
I see.
Speaker 3 (13:05):
Without immediately
jumping into it and hurting the
American people too bad, becausethere is that part of it right.
Tariffs are a great way tocontrol, to get what you want
out of another country, but itdoesn't always work.
I mean, you look at Cuba, sure,it hadn't worked for Cuba work.
I mean, you look at Cuba, ithadn't worked for Cuba.
(13:26):
It is a great way to slow downspending and then that hurts the
country that the tariffs arebeing imposed against.
So it does work.
A really good example of that,I think, would be Airbus.
So Airbus Industries, the A220and the A320, those airplanes
are made in America now, eventhough it's a European airplane
manufacturer.
Because of the tariffs placedon those airplanes, it's
(13:49):
actually cheaper for them tomake it in America, hire
American labor and build thosehere and get those jobs here,
than it is to build them inEurope and fly them here.
So you know it works out for ussometimes, yeah.
So I think it's interesting tosee what's going to happen with
all this.
If these tariffs do keep goingand get much worse, it will
(14:12):
drive manufacturing to America.
I think of, like the chips, themicrochip situation Sure, that
was a thing where Americabasically quit making their own
microchips.
I mean, we didn't completelyquit, but it really set us back.
We really weren't using them atall.
And then, when COVID happenedand all these other countries
that were making our chips forus locked down to the point
(14:32):
where we could no longer getmicrochips.
It wasn't a tariff that causedit, but it was a wake-up call
for the American people.
And now there's chip factoriesall over, dotted all over the
country, and so we're no longerdependent on foreign resources
for those microchips.
Have they gotten more expensive?
A little bit.
(14:53):
It's really negligible.
I've been really impressed whenI've been reading how much
companies make or save when theyship these manufacturing jobs
abroad.
It's not nearly what you think.
There is certainly thesweatshop t-shirts that I can
make them for 88 cents in Chinaor I can make them for $10 here
(15:17):
in America.
That exists.
But a lot of your reallyhigh-tech stuff you would know
best, lot of your really hightech stuff you would know best
uh jerry.
A couple years ago apple was inthe hot seat for uh
manufacturing their goods inchina and still are they.
they came back and they said forus to make them here in america
.
I want to say an iphone waslike going to be 200 more
(15:38):
expensive, or something likethat.
Do you remember that?
Is that about what it was Aboutthat?
Yeah, so on a $1,200 phone,$200 isn't a whole lot more.
But when you look at thehundreds of thousands that they
manufacture, it makes Apple somuch more money.
Having that manufacturing inChina Does that make sense?
(16:02):
Yeah, or in Taiwan?
I mean, now they've kind ofthey're not really as heavy in
China as they used to be right.
Speaker 6 (16:06):
Yeah, they've moved a
lot to like South Korea and
then over here in the US they'vestarted plants not for the
iPhone but for computers.
They do the chipset for the MacPro computer and stuff.
Yeah.
Speaker 3 (16:18):
So I mean, you know,
will it hurt if this goes
further?
Yes, temporarily.
I heard an interestingconversation the other day and
they were talking about the jobmarket and manufacturing, moving
it outside of the country andhow we can make a product
(16:40):
cheaper which saves all ofAmerica a little bit of money.
But all those people that losttheir jobs because they no
longer have that anymore, andwhen moving I mean a lot of
these factory towns, moving thefactories out kills the town.
All those people now become aburden on the Americans that are
making money.
Still, your taxes go up tosupport them and so is that
(17:04):
cheaper product cheaper when youlook at the entire scale of
what's going on with taxes andeverything else, and it
definitely it made me I don'thave data on it, but it does
make you take a step back, ormade me take a step back and go.
That's a good, good point.
Like there certainly isrepercussions that come from
(17:25):
pulling these factories out.
Now my only question is they'vebeen out for so long.
Is there workers here that cando the job?
right makes sense I think withsomething like auto
manufacturing, there is right.
Like you see, at honda,mercedes, toyota built huge
factories, nissan built hugefactories.
Nissan built huge factories allover America.
So certainly there's still thatskills out there.
(17:46):
But when it comes to otherthings, what is there?
Speaker 4 (17:50):
I'm trying to imagine
if they reinvested in educating
people in the skills that we'velost whenever these towns shut
down.
And if you invest depending onhow much money you invest is it
worth it in the long run,because the same thing could
(18:11):
happen again in like the nextdecade.
Speaker 3 (18:14):
It is interesting
because you do have that these
tariffs are being placed by anadministration, not by Congress.
How much do you reinvest backinto the country, knowing that
the next administration may doaway with these and then all
that work you did was fornothing?
Speaker 4 (18:31):
You've got to have
some sort of insurance where
you're putting your money.
Speaker 3 (18:35):
I certainly get that.
I mean obviously as a truckingcompany that hauls freight and
deals in the manufacturingsector.
I think it'd be great if we hadmore of those factory jobs come
back to the country.
It certainly does help lift asignificant business we're in,
but at the same time we alsobuilt our business not having
(18:56):
those because it has been such along-going problem for so long.
Speaker 1 (19:00):
So at this point it's
a waiting game.
Speaker 3 (19:02):
Yeah, at this point
it sounds like it's a waiting
game.
Speaker 4 (19:04):
Like people investing
their money in the stock market
.
Now's not a good time to do it,because you don't know where
everything's going.
Keeps flipping back and forthday by day.
Speaker 3 (19:15):
That's true.
So think about all the gamblersthat are buying up the Kansas
City, Southern Canada, Canada,Southern Kansas, whatever it is.
Speaker 4 (19:26):
Canadian National.
Speaker 3 (19:27):
Canadian National
Kansas City Railway.
Imagine all those people thatare buying it up right now on a
gamble that these tariffs neverdo happen and then the stock
rebounds.
It's not advice.
I am not in any way shape orform giving you advice when it
comes to finances.
(19:47):
It was just a thought that Ihad of like imagine Stick with
the Super Bowl next weekend.
Speaker 4 (19:53):
Super.
Speaker 3 (19:53):
Bowl's tomorrow.
It is tomorrow.
Speaker 2 (19:56):
It is tomorrow.
Canadian Pacific Kansas City.
Thank you Canadian Pacific CP.
Thank you Canadian Pacific CPKC.
Speaker 3 (20:06):
It just rolls off the
tongue it does.
Speaker 5 (20:08):
CPKC.
Speaker 3 (20:10):
Well, when you think
of the Pacific Northwest, you
think of Kansas City.
Yes, of course, that's how thatworks for me, right Wrong?
Speaker 1 (20:18):
And not just the
Pacific but the Canadian.
Speaker 3 (20:20):
Pacific, the Canadian
Pacific, yeah, which they only
have like six miles beforeAlaska touches it again.
Right, isn't it like just alittle bitty bit of frontage?
Speaker 5 (20:29):
there, yeah, only six
miles.
It looks like six miles on amap.
Speaker 1 (20:35):
Yeah.
Speaker 5 (20:36):
I mean, it's only
that far.
Speaker 4 (20:37):
It's like an inch.
It's an inch.
Speaker 5 (20:40):
Let's go.
It's only that far away.
Speaker 1 (20:43):
I didn't realize that
we did so much commerce with
just Canada and Mexico.
I don't know why.
Maybe I've got my blinders onto it.
I guess I always just assumeit's coming in on ships and
cargo and you know from overseas, for being so soon into his
(21:05):
administration, being just twocountries.
Um again, I guess I'menlightened on how much freight
or product or commerce we dobetween both countries.
So I think, maybe that's on onme for not being, I think, large
, educated or ignorant, orhaving to say it, but I just
didn't realize there was so much.
Speaker 3 (21:27):
Yeah, Think about
large, bulky items that are low
profit I guess you'd say so likewater heaters.
A lot of water heaters are madein Mexico and Canada.
A lot of appliances,refrigerators, a lot of washing
machines, dishwashers are madein Mexico and Canada.
Cars, a lot of cars, generalMotors and Chrysler and Ford all
have huge plants, paccar, whichmakes Kenworth trucks, and
(21:51):
Freightliner, they all have hugeplants in Mexico.
Speaker 1 (21:54):
I think I knew that
yeah.
Speaker 3 (21:56):
So just large bulky
items like that typically are
where Mexico and Canada shine.
And of course, tequila, whichwe wouldn't think about when you
think of manufacturing.
But tequila is a huge import.
We import a ton of it fromMexico and Canadian whiskey
Crown Royal like all thatstuff's coming out of Canada and
it is.
I mention it because it'sliterally like if you look on
(22:18):
the list of tariffs, list ofmost impacted items, they're
both on there.
Speaker 1 (22:26):
Tequila, tequila and
Crown Royal, well spirits.
Speaker 3 (22:29):
They call it spirits,
but yeah, they're huge imports
and exports.
Speaker 4 (22:33):
Yeah, I'm looking up
right now on the website
Sherwood and they broke down howmuch money in imports we send
to Canada, and food and beveragewas the number one at $10.2
billion.
Speaker 3 (22:46):
Well, we send a lot
of wheat and things like that
over in corn and stuff.
Speaker 1 (22:53):
Well, they're kind of
tundra-like, so they're
probably not growing all thatmuch.
Speaker 3 (22:56):
Very short seasons
yeah, so we certainly do send a
lot of that stuff.
Now, certain things they maketons of, like I said, wheat, and
I think actually they take alot of wheat.
I don't know how much corn theymake, but sure there are
certain foods that beinganywhere any kind of northern
country, like you think of theBaltic countries, and stuff
(23:17):
they're importing a lot of theirfood.
It's just too cold to grow.
Speaker 4 (23:21):
To emphasize that,
like I said, food and beverage
it's at $10.2 billion.
The next behind it is rubberand plastic at $3.
So from $10 to $3 billiondifference between number one
and number two of what we sendthem.
Speaker 3 (23:36):
Well, you know, you
think of America, we are a very
agricultural country.
Sure, a very agriculturalcountry.
I mean, you get out inCalifornia and you get north of
Los Angeles and you drovethrough almond fields and orange
fields and olive fields andgarlic and you cross the central
plains, you see wheat, you seesoy, you see corn.
(23:59):
I mean like down in Louisianawe're growing sugar, in Florida
they're doing oranges and allkinds of like.
Because we're so big we have somany different varieties of
life.
Not life but of agriculture.
We can harvest, and so we do,and other countries, like Canada
, don't have nearly that diverse.
(24:19):
I mean Canada is still prettydiverse, but they don't have
that degree of it that diverse.
I mean Canada's still prettydiverse, but they don't have
that degree of it.
Speaker 1 (24:24):
So, ultimately,
though, it's.
Speaker 3 (24:26):
Not getting those
fresh Canada oranges?
Speaker 1 (24:29):
I want to say wise,
smart, maybe for all three
countries to come to aresolution so that the people of
each countries don't go without.
Speaker 2 (24:41):
We have a trade
agreement with Canada and Mexico
that was torn up by Trump, oh,and then he recreated a new one,
because he felt like the oldone was unfair, was it?
And he recreated a new tradeagreement with Canada and Mexico
in his first term, the firstone was NAFTA, wasn't it?
Speaker 4 (24:59):
Yes, North American
Free.
Speaker 2 (25:00):
Trade Agreement.
That one was the one that Trumpfelt like was unfair to the
United States, and he blew it upand negotiated a new agreement
with them.
Speaker 1 (25:10):
Yeah, but all three
countries essentially need to
find some harmonious level inorder to help I don't know what
the word I'm looking for to easethe way of its population.
(25:30):
I don't know how to I wascoming at that, all kind of
weird.
Speaker 2 (25:34):
Well, everybody wants
it to be fair and equitable,
sure, as far as trade isconcerned, and so there are ways
you try and balance that out,and I don't know what the
percentage or what the ratiolooks like between the united
states and canada or mexico andunited states.
I'm not sure what that ratiolooks like, but that's what the
(25:56):
goal generally is to be equalopportunity trading sure right,
um, equal opportunity trading,sure Right.
When you look at Trump'sreasons for these tariffs, his
reasons are good.
He's trying to stop the inflowof fentanyl into the country,
(26:16):
and Mexico wants to stop theinflow of weapons into their
country.
So the reasons behind it aregood.
If they can make that work,great.
Then we can not have thesetariffs that hurt the economy
hurt the people.
The people hurt the people,whether it's us in America
paying more for a product or nothaving access to products that
(26:42):
you know.
That's what's going on inCanada right now, where they've
removed one of the provinces,removed any liquor that's made
in America from their shelves.
Yeah, Wow.
So ultimately that could hurtthe spirits businesses in the
United States, because theycan't now sell into Canada
(27:03):
without this huge tariff.
Now, yes, the tariff getspassed along to the consumer.
So if I got a 25% tariff on a$10 bottle of booze, it's now a
$12.50 bottle of booze.
So that price goes up.
And that's a simple thing.
It's not a necessity, but thereare things that are necessities
(27:27):
that we're going to be payingthe extra for those items.
Sure, the company that's makingthe item doesn't just go oh
yeah, we'll absorb that.
No, they can't stay in businessthat way.
Sure, you know the companythat's making the items just go,
oh yeah, we'll absorb that.
Speaker 1 (27:39):
No, they can't stay
in business that way.
Right, I think about food, foodbeing the most.
Speaker 2 (27:43):
Sure.
Speaker 1 (27:44):
You know that's
unless you're going to resort to
what your providence, I guess,grows yeah but if you live in,
if you live in Prince EdwardIsland, it's potatoes.
That's all they grow.
Speaker 3 (27:57):
It's potatoes.
Speaker 1 (27:57):
I guess you're going
to have a lot of Lockys.
Speaker 3 (27:59):
And Noki A lot of
hash.
Speaker 4 (28:03):
And a footnote to the
data I gave.
That's data from 2023 and theamount I was saying is in US
dollar.
Speaker 2 (28:12):
Yep, so you know
there are Terrace Playstone
motorcycles.
Back in the Early 70s, Ibelieve it was, and the money,
the tariff money, the tariffswere placed on Japanese
motorcycles and those Japanesemanufacturers had to pay X
percent more on their bikes andI forget what the percentage is.
(28:33):
But that money that thegovernment collected as a tariff
on a Japanese motorcycle wasdistributed to American
motorcycle companies to helpthem stay afloat.
We don't do that with tariffsanymore.
It just gets passed along tothe consumer but it's not going
to help or benefit the UnitedStates competitors of those
(28:59):
foreign companies.
There's no benefit thereanymore in a tariff.
Speaker 4 (29:05):
Which I wonder if
Trump's new agreement says
anything about that.
That's part of his negotiations, where the money's going
whenever we tariff him.
Speaker 3 (29:16):
Yeah, I don't know,
it might say that and it might
just say general fund.
Speaker 2 (29:21):
Yeah, I'm not sure
what the deal is going to be.
Speaker 4 (29:25):
I'm pretty sure
somebody will tell us in the
future when this starts, so Iknow you're listening to this on
.
Speaker 3 (29:29):
Saturday, but we
actually record on Tuesday, so
all this is super fresh.
So if we seem a littlesegmented or confused on some of
these things, it's because itis so, so, so new.
Speaker 1 (29:40):
It just happened.
Speaker 3 (29:40):
It just happened.
There's lots of different viewson tariffs and what they end up
doing, and are they good, arethey bad?
So you know, I cannot for thelife of me remember why I felt
this way, but I do know whenNAFTA got passed it was Clinton
(30:02):
that passed it the world wasvery different than it is today.
And so when it made sense backthen, I don't think it makes
sense anymore because the freetrade is hurting American
businesses and at some point wehave to.
You know, if we outsource allof our jobs, what are we going
to do?
(30:23):
So I do understand that thatdefinitely needed reworked and
it was benefiting both Mexicoand Canada way more than it was
benefiting us, which is whyTrump did get rid of it.
But you know, that also hurt usbecause we do haul Mexico to
Canada.
Now we don't haul in Mexico,but both carriers have docks in
(30:44):
Laredo and El Paso and allthat's where they take Mexican
goods, manufacturing in Mexico,and they'll bring them into
America or even all the way upto Canada.
So he was doing a lot of that.
And when he got rid of the, sowe were doing a lot of that.
And when he got rid of theNAFTA agreement, a lot of that
slowed way down.
But at the time it happened Iremember being for it and I just
(31:05):
don't remember why, Like again,it's been so long since I
really looked into this.
We could stop the show right nowand take 45 minutes for me to
re-educate myself on it.
But it had to do with the worldbeing so different than what it
was, because think back to whenClinton was in office, how many
more manufacturing jobs we hadhere in America, how much more
(31:26):
robust that scene was.
And so it seemed to make senselet's export our goods.
But it kind of backfired whereit's like oh no, these greedy
companies come in and they shutthese factories down and move
them outside of the country.
Right and so it did backfire onus and, um, it did need reworked
at a bare minimum, but, like inyou said, in this case Trump
(31:48):
just tore it up and said we'renot doing this anymore.
So, uh, I don't know if thatwas whatever.
Uh, but that's.
But that's what happened.
Speaker 1 (31:58):
So do you foresee the
30-day clock that's ticking,
slowing down freight or keepingfreight where it's, at picking
freight up again?
So there's a lot of Mad panicto ship.
Speaker 3 (32:08):
Yeah, I do think the
next month could be interesting.
I do think there's a lot ofmanufacturers that are going to
hedge their bets.
They're going to go let's makeas much as we can over the next
30 days and get it out of ourdoor into America and, worst
case, we just have too muchinventory here in America.
But our best case, we just havetoo much inventory here in
(32:31):
America, we'll sell it out andbe fine.
Worst case scenario at leastthey get as much product out
before these tariffs hit andthey have to make some big
changes on their end.
Because the immediate is goingto be the consumer is going to
eat the bill, right, even if ahuge company like General Motors
says, all right, well, with a25% tariff we can't make Chevy,
(32:55):
luminvy luminous anymore incanada, which I realize, chevy
hasn't made a lumina since 1997,um, but they can't just click
their finger and immediatelyhave a factory open in america.
Making chevy luminous rightlike that takes a long time
that's the investment I wasreferring to earlier.
(33:16):
Exactly so there's definitelygoing to be some burden at first
, regardless of what happens onthe American people.
The question is A will ithappen?
And B will it eventually beworth it or not?
That's the crystal ball that Ithink is murky and no one has
the answer to.
(33:36):
When you go into a toughnegotiation, there's always a
chance you lose, right?
Yeah, so that's kind of whatthese are.
I've seen some people even callwhat's happening with China a
trade war, which we've had tradewars before.
We've had them with Chinabefore.
So it would definitely beinteresting to see what happens
over there.
But the Mexico and Canada thing, they're just really close to
(33:59):
home.
With all that being said, ifyou have any takes, any ideas,
maybe the news changes in thetime that we have this show and
the time it comes out.
Drop us a comment, Tell uswe're wrong, Tell us we're right
, Agree, disagree, whatever.
We'd love to hear your comments.
Just leave them right there Onthe comment section.
Shoot us an email attheoutofbuckpodcast at gmailcom.
(34:21):
Drop us a line on Facebook.
Again, we're all looking into amurky ball, a crystal ball, and
trying to figure out the future, but it's a very interesting
story and news that's happeningright now it is uh, like it or
don't like it, it's happeningand we're in the middle of it.
So, uh, we're just watching itand trying to see how it plays
(34:43):
out.
So my question to you, Jerry,the real question I believe, is
are you team Kansas citymasterpiece?
Are you going for the Eagles?
Speaker 6 (34:57):
Jerry's not going for
neither, because Jerry doesn't.
Speaker 1 (35:01):
But you're coming to
the Super Bowl party, are you
going just for good food?
Speaker 6 (35:04):
Yeah, and fellowship,
fellowship, okay, I don't care
nothing about football.
Speaker 4 (35:13):
We were joking last
night.
We're going to have peopleeating at the table and one or
two people watching the game.
We need the person who cueswhen the commercials start.
Speaker 3 (35:22):
I just want to come
in on the fourth quarter.
I mean like the game will beplaying the whole time, but
you're all right.
So the dining room at my housekind of overlooks the living
room, so you can still see theTV without really watching it.
So we're obviously hosting theSuper Bowl party and we are
planning.
Are we doing Risk?
Is that what we decided?
Speaker 6 (35:42):
Yes, we're going to
play Risk.
Risk you ever played Risk.
Speaker 3 (35:45):
It's been a very long
time the game of world
domination, yeah, yeah.
Speaker 4 (35:49):
That's a little hard.
Speaker 3 (35:50):
Close to home right
now.
We're starting it at noon andwe hope to exit Canada.
That's funny, I didn't thinkabout that.
Speaker 6 (35:57):
Worse than Monopoly.
It's long.
Speaker 3 (35:59):
Yeah, no, we got to
figure out what game we're going
to play.
We'll think about it.
Someone suggested Life, right,yeah, someone did yeah.
Speaker 5 (36:06):
Life is fun, what
about?
Speaker 3 (36:06):
Mousetrap.
You ever played Mousetrap?
Speaker 1 (36:08):
We could do like a
Hungry Hungry Hippo bracket.
Speaker 3 (36:15):
What if we just do a
Domino's thing?
And I don't mean play Domino's,I mean we just set up a
Domino's thing.
Speaker 1 (36:19):
And then click it.
Speaker 3 (36:23):
Bling, yeah, so we'll
be playing some kind of game.
I'm excited about the menu.
We're going with a genuinelyauthentic American cuisine tacos
, I'm doing, fajitas, yep, andyou're doing.
Speaker 1 (36:38):
Enchilada casserole.
Speaker 3 (36:39):
And then my sister is
bringing her world-famous
seven-layer bean dip and, if I'mnot mistaken, jerry, you're
bringing the.
Speaker 1 (36:48):
Don, is Don's going
to try his hand?
Speaker 3 (36:50):
He hasn't told me yet
, so I'm trying to find out what
it is.
Don suggested to me that he wasgoing to try to make and I
don't know how to pronounce himsopapillas, sopapillas.
Speaker 6 (37:01):
Yes, I'm excited.
But, he's never made it, so hehas no idea how it's going to
turn out.
Speaker 1 (37:04):
I'm excited for him.
He always makes good dessert.
Speaker 3 (37:11):
He always makes such
good desserts.
He's like I don't know if it'sgoing to taste good or not.
It's like, no, it doesn't tasteall right, it tastes amazing.
Speaker 6 (37:18):
He's already been
doing research on it, trying to
figure out a good recipe.
Good.
Speaker 1 (37:22):
Cool, nice, I'm
excited.
Again game or no game, it'sjust the excuse to get together.
That's all it is Eat good food.
Speaker 3 (37:30):
Now I am going to
pull for Kansas City.
I mean Patrick Mahomes, theirquarterback, we have something
in common.
Speaker 1 (37:36):
I'm doing the Eagles.
It's my oldest football team.
Speaker 2 (37:41):
It's your oldest
football team.
Speaker 1 (37:43):
It's the oldest
football team.
Well, the oldest son's footballteam.
It's his that and the Ducks forcollege football.
They didn't quite pull it offthis year.
Speaker 3 (37:50):
The colors are so
bright, hurts the retinas so I'm
going to pull for the Ingles,ingles.
Eagles, Y'all heard Ingles tooright, I did hear Ingles.
Speaker 1 (38:00):
Okay, ingles is a
grocery store.
It's also Laura.
Speaker 3 (38:04):
Laura Ingles.
Speaker 5 (38:05):
Mm-hmm Wilder.
What, laura Ingles Wilder?
Speaker 3 (38:08):
Never heard of this,
have you?
Little House on the Prairie oh?
Speaker 1 (38:11):
It's way before his
time.
Speaker 5 (38:13):
Way before his time.
Speaker 3 (38:17):
I remember Little
House on the Prairie.
Thank you very much Thank you.
That's the one where they werelike on a prairie.
Yes, and there was like six ofthem in there and they lived in
the house.
A little house, a little house.
Did the girls live upstairs?
Speaker 6 (38:34):
Yes, they did Yep,
they did Yep Wasn't really
upstairs, it was like a loft.
Speaker 3 (38:37):
It was like a loft
and they got the medicine man
once and the girl was like Ihave laryngitis and I can't go
to school today or something.
And he's laughing because shedoesn't know that laryngitis
means you can't talk.
Is that the?
Speaker 1 (38:54):
right one.
Am I getting it right?
Was that an episode?
You know, most of us girls whoare about my age or your
sister's age are kind of namedafter the actresses that played
on the show.
Speaker 6 (39:03):
Really.
Speaker 1 (39:04):
Melissa Sue Gilbert
and Melissa Sue Anderson.
I did not know that it was avery popular name because of the
show.
Speaker 3 (39:11):
Well, I know, my
sister's name is Melissa.
Speaker 1 (39:13):
Yeah.
Speaker 3 (39:22):
And I know her middle
name is sue, but I was told she
was dated my mom's middle name,which is also yeah, so and mom
definitely came up before thatshow came out.
Mom's mom was born back whenthey had a little house on the
prairie.
Yeah, I love those old shows.
You know, there's somethingcool about the idea of like so
you had Little House on thePrairie, I had Old Yeller Same
concept, yeah.
Or Swiss Family Robinsons orsomething like that.
Speaker 1 (39:46):
Jerry and Vince had
Gunsmoke.
Speaker 2 (39:48):
Gunsmoke?
They did have Gunsmoke.
Yeah, Did some good westerns.
What did you have?
Speaker 1 (39:52):
I'm kidding, you had
Gunsmoke Jerry.
Speaker 3 (39:54):
I can't imagine you
being a western person.
Speaker 6 (39:58):
No, I hate it.
My mom loves westerns and God Ihated it.
You had MacGyver.
Oh yeah, I watched.
Speaker 1 (40:02):
MacGyver.
Macgyver is awesome.
Richard Dean Anderson Right.
Speaker 5 (40:06):
Yeah, knight Rider,
uh-huh, knight Rider, airwolf.
Speaker 1 (40:11):
Definitely Airwolf.
Magnum PI.
Oh, definitely Airwolf.
Speaker 5 (40:14):
Magnum PI yeah, the
Andrews.
This is fascinating, was it theAndrews Brothers?
Speaker 1 (40:18):
Get.
Speaker 6 (40:18):
Smart Miami Vice.
Speaker 1 (40:20):
Oh Get Smart was a
great show.
Definitely Miami Vice.
Speaker 3 (40:22):
Great show.
I remember when Get Smart cameout, the movie recently like
recently, 20 years ago, and mydad was like, oh, the TV show's
better.
So we went and found the TVshow and watched it.
And my dad was like, the TVshow is better, so we went and
found the TV show and watched it.
Speaker 2 (40:37):
I was like it's not
better but it's pretty good.
Speaker 3 (40:39):
It's pretty good.
Dukes of Hazzard.
Chips Never really watchedDukes of Hazzard.
Speaker 6 (40:44):
Me and my grandma
loved Chips.
Loved me some Chips.
Oh God, yes, Chips was good.
Speaker 1 (40:52):
I'm thinking of Nash
Bridges.
Speaker 3 (40:53):
Is that a?
Little after that Way after oh,okay, that was my child.
Speaker 5 (40:59):
Power Rangers Anyone
get Power Rangers anywhere China
Beach, not original PowerRangers, but like when they
first came out, power Rangers.
Speaker 3 (41:08):
Yeah, that was me.
I was the OG Power Rangers kid.
Speaker 5 (41:12):
Before they started,
like growing and combining
together or whatever the freakthey did.
Speaker 3 (41:19):
Well, they did that
from day one, but they started
flying and doing tons of weirdstuff later on.
So when the movie came out in92 or 94, whenever it was I was
just too old to really get intoit.
Yeah, I was way past.
Speaker 6 (41:35):
Yeah, if you want to
talk about cartoons, mine was
He-Man.
Speaker 1 (41:39):
Oh yeah.
Speaker 3 (41:41):
The original Looney
Tunes She-Ra.
Speaker 1 (41:44):
Looney Tunes Smurfs.
Speaker 3 (41:47):
The original Looney
Tunes.
That's funny.
Speaker 2 (41:48):
He-Man is my little
brother's show and I watched it
with him all the time.
Loved He-Man Teenage.
Speaker 1 (41:55):
Mutant Ninja Turtles.
Speaker 6 (41:57):
Turtles in a half
show.
Whenever that movie came out, Iremember my mom taking me to
see it.
That was a terrible movie.
It was a great movie.
Speaker 3 (42:09):
I loved it as a kid
and I went back and re-watched
it and it is unwatchable.
It seems so cheesy.
Now it's horrendous, it seemsso cheesy now.
Speaker 5 (42:19):
You go back and watch
a lot of the 80s movies and
stuff and it was like, oh mygosh, that's so cool special
effects.
And you look at it now andyou're like oh my gosh, we've
got A's and B's Gremlins.
Speaker 3 (42:30):
We were in Florida
staying at a hotel that was
connected to an Applebee's, soyou know it's a high-end hotel.
Oh yeah, not even Applebee's.
No, it was Applebee's.
Yeah, yeah, it was Applebee's.
So we go to the bar to like,have a nightcap or whatever, and
(42:51):
there's 45 people in thebuilding, the carpets are filthy
, nasty, the bar has like sixbottles of liquor and several
cans of beer and it was sad, itwas very sad, sad.
Speaker 4 (43:05):
And on the TV they
had For the record, I'm giving
Patrick the question mark faceno, they had.
Speaker 3 (43:18):
What was it?
Mortal Kombat?
Oh, that was a good movie, andthey were watching Mortal Kombat
and the bartender kept walkingover and he's like I love this
scene when he does it and it'slike, oh my gosh.
Speaker 4 (43:29):
I remember now.
Yes, yeah, it was, thebartender was a special
character that was aninteresting night.
Speaker 3 (43:37):
At the Applebee's.
The people watching was thebartender during the Mortal
Kombat movie, but that was talkabout special effects, so they
were special.
Speaker 1 (43:49):
Yeah, they weren't
very effectful.
Speaker 3 (43:50):
But yeah, no, I yeah
Missile TV.
Speaker 6 (43:55):
So last night we were
sitting there Watching Friends
and Kathleen Turner Was on oneof the episodes and I was like,
oh my god, have you ever watchedthe movie VI Warshawski?
What VI Warshawski?
That sounds familiar, but itwas a movie that used to.
It came out in like 91 and Iloved it.
I used to watch it over andover and over and Don actually
knew what I was talking about.
(44:16):
He was like, oh my God, weactually watched it.
It was just funny.
Speaker 1 (44:20):
It was totally.
Speaker 6 (44:20):
So then I started
looking it up and I was like
where can we stream this?
And it's like not streaming onnothing.
Speaker 1 (44:30):
There's so many of
those movies that you can't find
anywhere.
Oh, civil Shepard.
Yes, I was going to say thewoman who never worked again.
Yes, yeah, she did work again.
Speaker 3 (44:38):
She didn't do much.
And then all she's donerecently, in the past 10 years,
is Comedy Central roasts.
They don't like her, they don'tlike her at all.
I actually listened to a storyabout her the other day on a
podcast.
Speaker 1 (44:55):
And she's not a nice
woman.
I don't know any different.
I like her acting.
Speaker 3 (45:01):
Speaking of, did you
see Bruce Almighty?
No, what's his name?
Speaker 5 (45:09):
Bruce Willis.
Speaker 3 (45:11):
Did you see?
Bruce Willis went to thePacific Palisades and was
shaking hands with firstresponders and meeting everybody
.
Speaker 2 (45:17):
I did see something
about that, yeah.
Speaker 3 (45:19):
It's so weird because
I know he's got that it's not
dementia but basically is.
But he looks so normal outthere shaking hands and talking
to people and stuff and it'slike it's so you know.
It's one thing I hear aboutdementia or Alzheimer's is you
have your good days and your baddays, and when you have a good
day, it's so you know.
It's.
One thing I hear about dementiaor Alzheimer's is you have your
good days and your bad days,and when you have a good day.
It's like nothing's wrong and soit was so cool seeing him out
(45:42):
there and it's like I that'sthat's gotta be brutal.
Speaker 1 (45:45):
Yeah.
Speaker 3 (45:46):
Just being able to
work with him and have those
great days and not so much.
Well, uh Well, until we meetagain.
We hope you have a great day.
Like subscribe, comment.
If you don't like it, hit thatthumbs down button twice, two
thumbs way, way down.
If you like us, only do it onetime up.
(46:08):
If there's anything you'd likeus to cover, talk about Anything
in the news that you've seenthat you're like hey, y'all
should talk about this.
Send them our way.
We'd love to have theconversation and hopefully we'll
be a little more educated aboutit next time and it won't be
breaking breaking news.
But until we see you again,stay safe and make good
decisions.
Speaker 2 (46:28):
And don't leave money
on the table and keep those
wealth of turning.
Speaker 1 (46:32):
Good night, good
night, good night Good night,
(47:00):
good night, thank you.