PM Show Hr 1 | How Tariffs Affect the American Consumer

Episode Transcript

Speaker 1 (00:03):
It's that time time, time, time, luck and load. The
Michael Verie Show is on the air.

Speaker 2 (00:27):
Tela Terrorism and tariffs, or Trump tariffs. If you wanted
another tea to be alliterative, I suppose Wednesday President Trump
is referring to as Liberation Day, the day that America
begins to protect itself against the world. We're going to

(00:48):
talk about tariffs, and we'll talk about the teslas as
well today because I think it's important that people understand
these basic tenets of economic and based on the emails,
I get a number of people are curious as to
what's going on. But we start with a poll that

(01:08):
I saw the results of earlier. It was a Fox
News poll conducted March fourteenth through the seventeenth, so it
was in the field up until two weeks ago. I
don't know much has changed since then, but the and
it was a plus or minus four percent poll. And
this is outside the margin of error, So assuming the

(01:32):
poll was done well, the question was Trump's handling of
the economy?

Speaker 1 (01:36):
You approve or disapprove?

Speaker 2 (01:39):
Forty three percent approve, fifty six percent disapprove. Now it's
called the cross tabs and polling. It's very you learn
a lot. Businesses do this a lot on you when
they can get you to answer questions. They first want
to know your race, sex, age, and then they want

(02:01):
to know how much money you have and your ideological
position depending on the product and what they're trying to sell,
And they want to know what drives you or you
a value proposition per you want something cheap? Are you
a person who's going to build your identity into the product?
So the cross tabs tell you more than the basic
do you like or not like this product? So the

(02:22):
forty three fifty six is not as helpful as I
would like it to be. I haven't laid my hands
on the pole itself. But what would be interesting to
ask after that is, Okay, if you disapprove of his
handling of the economy, what exactly do you disapprove of
he's been president for sixty days. What has he done

(02:45):
that you don't like? Or do you just kind of
generally not like him? Well, what people don't say when
they're polled is, look, I have no idea what he's done,
I have no idea.

Speaker 1 (02:58):
What he could do.

Speaker 2 (02:59):
I just know I need a job, I need a job,
or I just know money short or whatever else. So,
and that's okay, there's nothing wrong with that. Everybody doesn't
have to be as informed as you are. But they're
being told to daily. And this is my problem that

(03:21):
Trump's messing up the economy. I have listeners who say, hey, Michael,
I'm a Trump fan, but I'm not sure on these tariffs.
And I'll send back and say, okay, what about the
terriffs worries you? Now? I'll say, I don't know. I
don't even understand them. Then why were you not sure
on them? If you were going to have a presumption,

(03:43):
why wouldn't your presumption be that you favor them instead
of disfavoring. You don't even realize that you're being sold
all the time, even Republicans. And here is the problem.
A lot of folks on our side like to dip
their suckers for punishment. They are suckers for punishment. It's

(04:03):
why people get on a roller coaster scare the hell
out of me. It's why haunted houses are so. I
went to a haunted house in Baton Rouge one time,
and they had catacombs down below, and it was these
two gay guys that are nurses that had to quit
being nurses, which was a good paying job at at
the hospital there because they had the third best ranked
haunted house in the country. Michael Hudson was a market

(04:27):
manager at the time, and he took me there because
I was doing a station event or something at the time.
And we went in and I'm not a haunted house guy.
I'm not a horror movie guy. You know, that's not
my thing. But they had become a show sponsor, I believe,
and this thing was supposed to be world class, and
I thought, how good a haunted house? Ooh uh okay,

(04:49):
all right. I went in and this thing I've never
seen anything like it.

Speaker 1 (04:54):
The production values. They hire actors who live and work.

Speaker 2 (04:59):
In back and rouge and struggle to pay their bills,
but during the month of October they pay them.

Speaker 1 (05:03):
They get a salary. They're working every day.

Speaker 2 (05:06):
These people were over the top. And I don't just
mean they were screaming or acting stupid. They had scenes
where you would walk through there and blood is spurting
out of a patient that's laying on a gurney, and
it's like what you would imagine a hospital would look
like in eighteen eighty and the doctor turns and looks
at you. You know, you've interrupted him in the middle
of his surgery. And I mean it was a level

(05:27):
I'd never seen before. It was I'm glad to win.
It was quite the experience. So I interviewed the guys afterwards,
or at least talk to him in person. I think
I just talked about it on the air. I don't
think I had him on the air, but I may
have had him on the air. And it was quite
It was quite a deal. They were what they were
doing there anyway. People liked to be scared. People like

(05:49):
to have these odd emotions. When my wife's mother was allowed,
she was a doctor in India and the house they
lived in one wing of the house was where they
lived the other wing it was like an l was
her medical clinic in a rural environment. And my wife

(06:10):
grew up watching these people who would come to the
to their house. They would knock on the front door
and my wife's mother would say, you know, go back
in there, don't. I don't want you out here, and
you'd be there and some guy would have a nub
of an arm left and he was afraid that the
infection would go all the way up and kill him.

(06:31):
So she would have to deal with he had lost
all his fingers and then his hand, and then all
the way up to his elbow. And so what happened,
what would happen was that these people were too poor
to be able to afford alcohol, and they would make
cheap pooch. But some of them couldn't even afford that,
and so they would put their hand into.

Speaker 1 (06:50):
A cobra pit.

Speaker 2 (06:51):
You heard this before, you heard me tell it, or
you've heard of it, and the venom they would. And
so the problem is it just took more and more
like any other drug. So there are people who, even
on our side, can't help themselves to put their hand
in that pit, and then they get very upset. Michael,
will you what Rachel mdou said? Yeah, she's an idiot,

(07:13):
but you need to hear this. No, I don't you know?
You need to hear what why nobody's listening to her
except for you. And here's what happens, whether you realize
it or not. Some of her Idiotsy sinks in some
of her doubts because sometimes her doubt is not couched
in Rachel Maddow. Sometimes her doubt is couching somebody like

(07:35):
Nikki Haley or Mitt Romney or Dick Cheney or somebody that, well,
he doesn't have it in for Trump. He's republitan that
he assessed this. So even some of our.

Speaker 1 (07:46):
People are worried with the tariffs.

Speaker 2 (07:50):
And I'm okay with you being worried about the tariffs
if you can explain why you're worried about the tariff.
But if you don't fully understand, if you tell me
we shouldn't put a twenty five percent tariff on Canada
and Mexico, and you can't tell me on average what
they're tariffs on our products into their country, is said,
we have a problem a ten percent tarff on China.

(08:10):
Why well, I like cheap stuff. Okay, you like cheap
stuff or you like hi wages for our employees because
you can't have both.

Speaker 1 (08:18):
We're going to talk about this coming up.

Speaker 3 (08:20):
Listen to the Michael Berry Show podcast and you'll be
the smartest guy in the room. Share with your friends
and you'll be the most popular too.

Speaker 2 (08:29):
So a tariff is basically a tax, for what you
may have heard in Civics lesson when you were in school,
a duty. You can call it a custom duty, a
duty being a tax, a fine. You can call it
whatever you want. Fines tend to be related to behaviors.
You can avoid a fine, but you can avoid at tax.

(08:51):
But for the purposes of this conversation, and forgive me,
I know you know this, but somebody else may not.
Let's make sure we all understand. So a teriff this
is something a tax that you impose on a product
before you bring it into your country, and the exporter
from that country who is sending it to the importer here,

(09:12):
they pay it. So, as I explained earlier today, I'll
use the same example. If they've got a bushel of
fruit coming from Mexico to the United States, and they
sell that bushel for one hundred dollars. The guy on
this side, the American importer, he pays one hundred dollars
per bushel to bring it in here, and then he
goes and sells it for two hundred dollars on the
market or whatever that is, and or he breaks it

(09:36):
up into pieces and sells it. But let's say he
gets twhored back for that. So now we impose a
twenty five percent terif on him, and that means that
he must now pay one hundred He must Now, if
he's going to sell it to the end user here
I mean to the endporter for one hundred dollars, he's

(09:56):
got to eat the twenty five dollars so that goes
straight to his bottom line, or he has to pass
the tax on to the importer. So he says, you
got to pay me one twenty five because I got
to take twenty five out of what you pay me
and pay the tariff. I got to pay your government.
All right, Well, American consumers are very price conscious. A
lot of people love to get a deal. Love love,

(10:19):
love to get a deal, even if it's not going
to make or break even. They're not going to save
the money. The getting the deal is the thing for
a certain shopper. My mother was that way, my father's
that way. So the one hundred dollars that they would
have sold it to you for now makes it one
hundred and twenty five.

Speaker 1 (10:39):
Well, it may be the case.

Speaker 2 (10:40):
Let's say El Salvador has a bushel they can sell,
but they can only because they have to push it
further from El Salvador to get it up to the
United States, and that's added ten dollars, so they can't
sell it to the person who wholesales it imports it
here but for one hundred and ten. So they couldn't
compete with the Mexican bushel. But now they can. They're

(11:01):
fifteen dollars cheaper. So the American importer says, my customer
doesn't care where it's from. He wants it's cheap. So
El Salvador, I'll take your product for one hundred and ten,
and I'm not going to take the Mexican product for
one hundred and twenty five. So the Mexican has to
drop his price and drop his profit, and he may

(11:21):
not be able to do that. He may not have
that much profit margin built in. Often profits are often
profits are much leaner than you imagine, and they try
to get there through volume.

Speaker 1 (11:32):
So that's how a tariff works. Custom duty duty.

Speaker 2 (11:36):
Now people will tell me, but Michael, I thought you
were for free trade. I am very much a free
trade person. Free trade is what is a competition that
allows companies wherever they may be. It not only allows,
it requires companies to compete, and competition is good. Competition

(11:58):
is not always good or should I say desirable, for
companies because companies want to have a monopoly and they
don't care if you're getting new and improved products. They
want to maximize profits. That's understandable. They will create, they
will innovate new improved products because that's how they get

(12:19):
more sales. That's why you're always changing models, makes it
models or models the on vehicles because you want that
new and that new and that new and that new feature.

Speaker 1 (12:27):
There's always some you know, crab walks. Oh okay, all right, So.

Speaker 2 (12:33):
The company needs the competition of other countries in order
to be better than the other country. But if they're
going to have access to the American marketplace, the consumer marketplace,
the greatest marketplace in the world by far, America's dominance

(12:55):
in the world is more a function of our marketplace
than anything else. It is our economic strength. It's incredible.
When you close that off to Mexico or Canada or China,
you absolutely knock them to the ground. The economic impact

(13:17):
would be overwhelming. Now it's hard to do because the
American consumer says, oh yeah, but I like going to
the dollar store and paying a dollar for a hammer,
even if the hammer breaks in ten minutes. They don't care.
They like the cheap, cheap, cheap, cheap, cheap, And that's Okay,
there's nothing wrong with that. There are Americans who convinced themselves.

(13:38):
I'm not going to pay a dollar more for a
twelve dollars item so that it can be made in
America by an American family and create an American job
and support American manufacturer.

Speaker 1 (13:47):
I'm not going to do it.

Speaker 2 (13:48):
Oh, they'll tell you made in America matters, but made
in America only matters to the extent that you're willing
to pay more to ensure that it's made in America,
and they're not. If your product will it's cheaper, same
product and it was cheaper, I'll buy made in America. Well, hello,
you don't get an award for that. You didn't make
a sacrifice. You did something you were already going to do,

(14:11):
and now you want a ribbon for it. You don't
get a ribbon. The ribbon is for going to a
hassle paying more for something because you believe in this.
I'm not mad at you buy the cheap Chinese jump.
I don't care, But don't try to act like you're
making a principal decision here because you're not. So you
get people that want high American wages, which means it

(14:33):
costs more for our product than it does a product
where they don't a product coming from a country where
they don't pay those wages. You want lawsuits so that
every worker can sue their company and get rich off
of it. And we know that's happened. Well, that increases
the cost. So you want to load all these costs
on American manufacturers so that we can't compete with companies

(14:54):
like China with cheap labor, or now South Korea in
a number of other countries get their stuff together. They
would have been able. I mean, that was what the
whole makuiladoras were about. But the problem is they can't
build things there. They're too corrupt. They don't have organizational systems,
they don't have management structures, they don't have supply chain,
so they've never really that should have been that should

(15:15):
have been a big boon, but it's been a bust
in any case. The problem with all of this is,
so we are consumers of the world's goods. We make
the rest of the world wealthy with our consumption model,
and they make things. There are countries where you can't
get their products that they make because they send them here,

(15:35):
because they can sell them for more.

Speaker 1 (15:37):
Transportation costs have reduced.

Speaker 2 (15:39):
Dramatically, I mean dramatically over the years. These Chinese containers
and beyond has meant that you can spread the cost
of shipping goods into the American economy for a whole
lot less. Now the question is if we're going to
buy their products and let them compete with us, even
though we've saddled our companies with much bigger burdens. We're

(16:02):
typically better in electronics and value added goods, not in
cheap manufactured goods, because that's just a pure price perso.
But what are they doing to our companies there? They
are closing off their market.

Speaker 1 (16:14):
To our product. Trump's just saying reciprocal terrorists. We're going
to do the same thing to do.

Speaker 3 (16:19):
Four out of five future surveyed said listening to the
Michael Barry Show podcast improved their love life. The fifth
person didn't deserve one anyway.

Speaker 2 (16:29):
So if we send a product into Canada cost one
hundred dollars, we would have to pay two hundred dollars
separately for the one hundred dollars that that we get
paid for our product. So the person who imports our
product would have to pay us three hundred dollars for

(16:49):
something that we would only keep one hundred dollars up
because their government says, if you want to import a
product from the United States, and this is most of
our industrial, our agricultural, it's between two hundred and three
hundred percent in tariffs. So for us to send our
bushel to them for one hundred dollars, we have to

(17:09):
sell it to them for three hundred. So that protects
their companies. So their companies are not as efficient as
ours because they don't have to undercut our one hundred
dollars product for our price. They only have to undercut
our three hundred dollars price because the invisible hand has
been removed in the marketplace supply demand, consumer choice, and

(17:32):
instead there has been an artificial altering of the prices.
Our product can't get to the Chinese street on the
market for under three hundred dollars, even though we can
make it and transport it for one hundred dollars, because
the government steps in and says, no, we're the mafia.
We're going to keep our percentage. So why did we
let them do that? Why did we let them do

(17:56):
that to protect Canadian companies? Now that means they're consumers
pay more for goods because we could have put that
bushel on your streets for one hundred dollars, but now
it's three hundred dollars. And so the Canadian competition, which
is what they want you to do, is two hundred dollars,

(18:19):
which means a very fat profit margin for the companies.
And you pay more for the product because you're paying
the government or overpaying for a product that could be
a lower price. So the consumer gets shafted. But the
Canadian people don't mind because this Canadian people have been
taught that this is good. See, a lot of countries

(18:42):
believe that it's in your national interest to only have
companies based in your country to make your products, never
do business with foreign companies. Okay, well, that's going to
mean that you're not going to get the best Belgian
adie or French cheese, or California wine, or the best

(19:05):
eggs that could be made in the world, are the
best roses or anything else. Means you're going to be limited.
And if you go to socialist countries, you'll see that
the shelves are bare. It's depressing. It's truly depressing. It
doesn't matter how much money you have, and how cheap
things are. When you go to a third world country,

(19:26):
you go to the shelves and there's nothing on them,
nothing to buy because they've not spurred ingenuity and output
in production. So what President Trump is simply saying is
reciprocal terras. Y'all put them up on us, We're gonna
put them on you. And so what these companies, what
these countries do is they hire lobbyists. We can't do
this inside there. You can't go and lobby the Chinese

(19:49):
government as an American. But the Chinese government can hire
our spies, and they have a lot of them. Remember
Diane Feinstein's driver for ten years. Remember Fang Bang that
was sleep been with Eric Swalwell when he was on
an important committee. We've got Chinese spies of plenty. They're
buying off Hunter Biden, Joe Biden, kicking some up to
the big man. And what they're doing is crafting campaigns

(20:11):
to the American people who say, hey, protecting American industry
from Chinese from Chinese government companies is not good for you.
You don't want that. You want Chinese goods, not American goods.

(20:32):
You want Chinese jobs, non American jobs. You want to
just be a consumer of cheap stuff. You don't want
to protect the jobs in your country, right, You don't
want to protect industry and investment. You want all that
to move to China. And by the way, your industry manufacturing,
oh it's very filthy, it'll ruin the air. So you
want to sign on to this and shut down all

(20:53):
your manufacturing. Very clever move.

Speaker 1 (20:54):
By the Chinese, very clever. You got to give them credit.

Speaker 2 (20:59):
The Chinese, as part of a grand plan, have invested
a lot of money on these international organizations who all
these United Nations, all of them designed to reduce the
carbon footprint. Yes, American and European industrializations should come to
a halt, and they have largely succeeded in their goals,

(21:21):
probably far beyond what they ever expected. We can't have
American plants because they pollute and it's terrible and.

Speaker 1 (21:27):
The world will come to an end.

Speaker 4 (21:29):
So we did.

Speaker 2 (21:30):
We closed them down. Germany closed them down, England closed
them down, France closed them down. All the while China
is continuing to invest in their plants. Coal powered, the
filthy of them all filthy forms of energy production and emission.

(21:51):
The top twenty five production facilities in the world. I
think twenty four of them are India and China, and
India is joined did on that green energy thing too.
Oh it's all green. But China's driving this this wagon.

Speaker 1 (22:05):
We got it.

Speaker 2 (22:06):
We got to stop when we've got to have international accords,
and we got to have democrats in America hassling industry
to shut the industry down. Remember Hillary Clinton said, if
you are a coal miner, you're gonna lose your job.
Remember that you're gonna have learned the code, find another
job because it's filthy. But this is where I've lived
for five generations. This is my family, this is what
I'm good at. This doesn't matter. It's filthy and nasty.

(22:28):
And the Chinese told us to do this, and that's
what we're doing. They pay my bills, not you. And
that's where we are. That's where we are in this
whole process, and it's worked. I mean, you got to
give them credit. You can hate them, you should, but
you got to give them credit.

Speaker 1 (22:41):
They're good.

Speaker 2 (22:42):
They are manipulating the United States into shutting down our economy.
I saw a documentary on Germany recently called the d
Industrialization of Germany and German economic laws are which make
California look reasonable. Have call caused so many of their
companies to go out of business. And I mean they're

(23:04):
big boys, they're big industrial companies. They were internationally prominent firms.
Have shut entire divisions of their companies because they can't
get energy to power their products. And if they can't
get energy to manufacture, they can't compete because everything is price.

(23:24):
You can have a better quality, but you have to
be competitive on price. You don't have to be the
lowest in certain fields, but you had to be competitive.
They couldn't be competitive anymore because the cost of the
energy input as part of the manufacturing process was so
out of whack as a percentage of what that finished
product should be that it didn't make sense anymore. And

(23:45):
so if I'm sending out an RFP, hey I need
these industrial products. I need calibration machines for my chemical plant,
and this is a machine I need, and you come
back at twice the cost of a product that's made
somewhere else Japan, South Korea, United States, I'm simply not

(24:07):
going to choose you. And if you don't win enough
of these bids that you used to win you start
shutting down plants and laying off people. When you start
doing that, you lose the research and development that company
was already doing. So you fall further and further and
further behind. Plus you put a bunch of new people
on your unemployment roles.

Speaker 1 (24:27):
And this is the deed.

Speaker 2 (24:29):
This is cyclical decline that is accelerated because decline feeds
decline because guess what, that chemical plant or that manufacturing
plant that was also the largest purchaser of catering in
the community, so the restaurant closes. It was also the
largest purchaser of health insurance premiums in the area, So
now you don't have enough leverage to spread out your

(24:50):
health insurance, and decline leads to decline.

Speaker 3 (24:53):
Listen to the Michael Berrie Show podcast if you dare so.

Speaker 2 (24:58):
I understand pre trade and I'm a pre trade yeah, but.

Speaker 1 (25:02):
I want you to understand we do not have free trade.

Speaker 2 (25:06):
We buy products from other countries, We allow the importation
of them. They get to use our roads, which you,
the taxpayer, pay for at no cost to them. They
get access to our legal system that they didn't build.
They get access to all the things it takes once

(25:27):
they manufacture a product and bring it here on a container.

Speaker 1 (25:30):
And drop it at the port.

Speaker 2 (25:32):
Hell, you pay for the port, You pay for the
health insurance, you paid for the schooling of all the
port workers. You built the infrastructure that they walk into
and sell their goods. All right, You and American companies
did that, right, And they did that in their country,
So it's fine. It would all be the same, except
we say, sure, send your product into the market.

Speaker 1 (25:52):
If the American consumer wants it, then you'll make money.
Good for you. And then we send our product to
them and they go.

Speaker 2 (25:58):
They come out like the officer in the movie that
busts out your your tail light. Oh it's gonna be
a ticket for that, bust out your front let, ticket
for that. Oh you got this is it's up all
of a sudden, you got all these fines to pay
just to come through town. Why wouldn't you want Trump
to write that wrong? Why wouldn't you or better question,

(26:21):
how did it get to be the play? The case
that when Canada and all these countries slapped these massive
tariffs on our goods, our president didn't say, well, ho, hey, ho, huh,
what are you doing?

Speaker 1 (26:37):
We sat idly by, but not because we didn't notice.
We know.

Speaker 2 (26:43):
They received complaints from American manufacturers because America's government is
for sale, because they would have one hundred percent certain
had lobbyists in DC. They probably paid Joe Biden directly.
By not directly for effect, they probably paid Hunter directly,
and Hunter's got to kick them up to the big guy.

Speaker 1 (27:06):
This is how we end up in situations like this.

Speaker 2 (27:08):
This is how so many of you are resigned to
the notion that American manufacturing is dead.

Speaker 1 (27:14):
Well, can you.

Speaker 2 (27:14):
Find that bit Barack Obama talking about how is Donald
Trump going to wave a magic wand and get American
manufacturing back? It has magic wand in it. Was he
just gonna weigh this was in twenty six years. He's
gonna wave a wand and bring back American manufacturing. He's
actually doing it because guess what if you're Kia Motors
or a Hyundai and you make products in South Korea

(27:39):
the cheaper labor, and you bring it and no lawsuits
and all the costs that we impose on our companies
to manufacture goods here, if you want to bring that
into the United States, We're going to slap such a
hefty terriff on it that it's more efficient for you
to set up to build to invest in a plant here,
to build a plant in the United States and make

(28:02):
it here. And by the way, I'm good with this.
There are some people who don't want that. Some people
are pure protectionists. They don't want they don't want any
foreigners here. They own foreign business making. Forearman, you want
them here. You want them investing in our land. You
want them hiring our neighbors, you want them eating at
our local restaurants. You want to spur and encourage trade,

(28:23):
and you want international trade within the United States. You
do want that absolutely positively.

Speaker 5 (28:30):
Here was what he said, because some of those jobs
of the past are just not going to come back.
And when somebody says, like the person you just mentioned
who I'm not going to advertise for that he's going
to bring all these jobs back, Well, how exactly are
you going to do that? What are you going to do?
There's there's no answer to it. He just says, well,

(28:50):
I'm gonna I'm going to negotiate a better deal. Well,
how how exactly are you going to negotiate that? What
magic wand do you have? And usually the answer he
doesn't have an answer.

Speaker 2 (29:04):
Well, you know how many billion dollars have already been
committed to groundbreaking of companies, foreign companies on American soil.
You want access to our marketplace, make your product here,
simple as that, that's what you what your company requires
of us, except in most cases they don't allow us

(29:26):
to manufacture in their country. They don't want us there.
There are other knockoff effects. And people in the media
and politics haven't studied economics. What people don't understand. A
typical government idea is, you know what, we need more
money from the government. Sorry for the government. So we'll

(29:47):
just say to these big companies. They got all the money,
but we'll just say to them, for every employee you have,
you must now add a dollar per hour and attack that.
We're going to tax you for every hour you pay
that person. Whatever you pay them forty bucks an hour,
we're going to add a dollar per hour tax on that,
and you're going to pay a sack because we need

(30:07):
to raise a bunch more money. And in the government's mind,
they go, all right, this is how many man hours
are being paid in America today. We'll multiply that by one,
and that'll be how many dollars we will make per
year on the imposition of that tax, and go, okay,
all right, yeah, it's going to work. But here's what
people don't understand. People avoid taxes, they avoid increases, they

(30:31):
avoid Once you make your move, that person is never
going to move the way you intended for them to move.
You go to tackle them and they're going to move
to the side. And that's where government gets it wrong.
So when you get these people who say, well, the

(30:51):
tariff is going to have this effect, what you don't
realize is how how the other side is going to
make moves to avoid tariff, and those moves, not every
one of them, but some of them are going to
be to our advantage. So here was President Trump talking
about the secondary tariffs he's imposing on countries buying Venezuelan oil.

(31:16):
And for those countries, you want to buy Venezuela's oil,
our sworn enemy. You want to buy their oil, fine,
we're gonna put tariffs on you be better off buying
our oil if we.

Speaker 4 (31:26):
Put secondary tariffs on as you know with.

Speaker 6 (31:30):
Venezuela, and it's had a very strong impact on Venezuela.

Speaker 4 (31:34):
You know that every ship just got out and that
they left.

Speaker 6 (31:37):
A lot of them loves the drum those is right
into the ocean, and they left. They didn't want to
be there for a minute because they didn't want those
tariffs to catch but they didn't want me to see
them there. So the Venezuela secondary tariffs, all secondary tariffs
are very strong because essentially it says, if you disobey
our orders, you cannot do business in the United States.

Speaker 4 (32:02):
That's the cash.

Speaker 3 (32:02):
Can watch Chinese companies buying Russian.

Speaker 4 (32:05):
Oil as well if you plan to go ahead. So
if in the case of Venezuela, as you know.

Speaker 6 (32:10):
China pulled up bankor and left, they were there, they
had two ships there and they left.

Speaker 4 (32:16):
They left empty. They didn't want to take a chance.
Now we're not playing games.

Speaker 2 (32:23):
The rest of the world has raped pillage, taken advantage
of taking charitable money from us for a long time,
and the American taxpayer has been screwed for a long time.
And Trump is finally standing up for that. Is he perfect?
No will this will this thing be pain free? No,
there's gonna be some short term pain. Go ahead and

(32:44):
understand that if you want to run a marathon, your
stomach's gonna hurt in the meantime, getting ready. If you
want to get jacked, you're gonna have some burn and
your muscles getting there. It's not easy. But I'm gonna
tell you something. If tariffs were such a horrible thing
for the country imposing them on the outside company country,
why are all the other countries imposing them on us.