April 12, 2025 • 28 mins
We talk about the tariff war between America and China, and why it's the defining fight of our lifetime.
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Episode Transcript
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Speaker 1 (00:03):
This is Red Pilled America. Hey, this is Patrick CARELCI.
Speaker 2 (00:09):
And I'm Adriana Cortez and welcome to Red Pilled Americas
and Boogie.
Speaker 3 (00:31):
What a week?
Speaker 1 (00:32):
What a week?
Speaker 2 (00:33):
What a great and wonderful week. Hello everybody, welcome to
Red Pilled America's Sam Boogie. I'm Adriana Cortez as I
said earlier, and you are my friend Patrick Carelchi.
Speaker 1 (00:44):
And if you guys want to join the fambam and
come backstage, we are going to end up going backstage
after this. Go to Redpilledamerica dot com click join at
the top menu. We need you. It's hard to do
a storytelling show, as anyone that does a storytelling show knows.
I actually saw a moment. There was a moment with
a Joe Rogan podcast recently. He had Dave Rubin on
(01:08):
because she's been at Dave Ruben was his name, Dave Smith,
Dave Smith and Douglas Murray. And we're going to get
into that debates at some point today. But they talk
about storytelling and how much harder it is to do
a storytelling podcast than it is to do a talking podcast.
Speaker 3 (01:25):
Yeah.
Speaker 2 (01:26):
I have to say though, it's and I've said this
many times. A fanbomb knows this. It's incredibly rewarding work.
It really is. It's I feel like it's the best
work that we have ever done.
Speaker 1 (01:36):
I agree with that. So but you know, and this
is obviously our talking podcast. But we put it up.
Are we trying to do it? We're trying to put
it up every week. But we're in the middle of
our What's an American? We need you guys, We need
the fanbam support redpilled America dot com. Also, if you
guys want to hear your voice on the show, send
(01:59):
us an audio, a short brief audio of what you
think an American is? What's an American? Answer that question?
You could record it on your phone, you could record
it however you want to record it audio wise, email
us that audio at info at redpilled America dot com
and we'd love to get your guys's input on it,
and it might be on the show. So there's a
(02:21):
bunch that went on this week. Of course, the tariff
talk is kind of still hot.
Speaker 2 (02:29):
Very very hot hot conversation. We're going any further, you guys,
We are going to do this in our new Fanboogie format.
Part one and Part two. We're getting a lot of
really positive feedback. You guys really like this format, so
we are going to do that. Part one we're going
to talk about tariffs and the Frisco stabbing, and in.
Speaker 1 (02:46):
Part two, no, we're probably gonna well, we have a
couple of topics. We'll see how we're going to break
it up. But here that we're going to be talking
about tariffs. We're going to talk about the Frisco stabbing.
This is the Carmelo Anthony and Austin Metcalf confrontation that
led to the death of Austin Metcalf. We're going to
get into that huge topic. I think that has some
(03:06):
very big implications in the future that we want to
get into. We're also going to talk about a little
bit of the Douglas Murray and Joe Rogan Dave Smith debate,
which I think it was very very interesting. We're going
to get into that, and then at some point we're
going to go backstage to talk about some Hollywood and
some other thoughts on all of these topics. Let's start
(03:28):
off with this tariff thing. As any longtime listener of
Red Pilled American knows, we've been talking about bringing back
American manufacturing since the very early days of red pilled America.
We started it with American Icon where we gave you
guys the story of the baseball hat, and with that
we ended up telling the story of American manufacturing. And
(03:49):
within that story also came up the idea the thoughts
of tariffs and American history with tariffs, and it's been
something that a lot of America First proponents have been
pushing because it's the really the only way that we
can bring back American manufacturing here to the United States.
(04:11):
We've also touched on this topic with silver Lining, which
we reran this week, which kind of went into the
story of how America gave up its health to China
through giving its pharmaceutical manufacturing to China.
Speaker 2 (04:25):
Think about the implications of that, you guys. If there's
a you know, if there is a war to break
out and we're dragged into it and we cannot make
something as simple as penicillin here in the United States
because we haven't set up that capability, we've offshort it.
That could be disastrous.
Speaker 1 (04:43):
Yes, So it's been all of these policies, these both
the Democrats and the Republicans are guilty of through NAFTA
through quote unquote free trade, through opening up the markets
to China and to India and to Vietnam and allowing
them to hire slave labor, allowing them to avoid environmental
(05:06):
regulations that we in America could not avoid because of
the political ramifications of that. We've offshored all of this
product overseas. We've offshored the capabilities overseas, and it is
a recipe for disaster. Okay, so Trump had to do something.
(05:27):
A president had to do something. And you can argue
whether this Trump tariff issue or him bringing it up
so kind of violently as a lot of people would say,
was the right decision or not. But something had to
be done, and a president doesn't have a lot of
levers in this. They could either throw money at industry
(05:49):
and kind of subsidize certain industries the way China does.
They can lower the dollars value, which makes our products
less expensive easier to export, or you can put tariffs up.
And Trump decided to go the latter route because there
(06:12):
is because of the these other countries having high tariffs
on the United States. China has big tariff on the
United States. In addition to that, when you go to
China as an American company, they take ownership of those
companies and they take the IP, they take our intellectual property,
they take our know how, and it's the reason why
(06:33):
China has been able to leapfrog from having basically no
industry in the eighties to now being the experts in
certain fields. I want to play this clip from you
for you guys, from Tim Cook and he explains why
Apple has made so many has made their products, has
made their phones in China, and I want to explain
(06:55):
to you where he gets it wrong. On the flip side, there's.
Speaker 4 (06:58):
A confusion about China, and let me at least give
you my opinion. The popular conception is that companies come
to China because of low labor costs. I'm not sure
what part of China they go to, but the truth
is China stopped being the low labor costs country many
years ago.
Speaker 3 (07:17):
The reason is.
Speaker 4 (07:17):
Because of the skill, the quantity of skill in one location,
and the type of skill.
Speaker 3 (07:23):
It is.
Speaker 4 (07:24):
Like, the products we do require really advanced tooling and
the precision that you have to have in tooling and
working with the materials that we do are state of
the art, and the tooling skill is very deep here.
You know, in the US you could have a meeting
of tooling engineers and I'm not sure we could fill
their own. In China, you could fill multiple football fields.
(07:47):
It's that vocational. Vocational expertise is very deep, very very
deep here.
Speaker 1 (07:54):
So what he misses there though, and it's true, it
is true that China has your past America when it
comes to skill in manufacturing. That in the clothing industry.
We've had friends that have dispelled us of that idea
that they can get higher quality things made here in
the United States. They said, no, you get higher quality
now in China. And the reason being the reason they've
(08:16):
been building these things for thirty years, now forty years.
Speaker 2 (08:20):
We don't make anything here anymore. So we don't know
how to make things. You don't just develop a skill overnight.
It takes time to hone that skill exactly.
Speaker 1 (08:31):
So, but this happened. What Tim Cook doesn't say is
it happened because of government policies. This disparity in skill
set happened because of government policies. We've offshorted. Now he
says that you can't get cheap labor there in China.
I think he's over exaggerating it there. I think there
is still considered quote unquote slave labor in parts of China.
(08:54):
But he also doesn't mention the fact that they're able
to avoid regulations. China has a carve out in allowing
them to pollute the environment in a way the United
States and other countries, other you know, first world countries,
I guess, if you want to call it, aren't allowed
to do it. So this thing that something had to happen,
(09:15):
something had to happen. So as you saw earlier this week,
we had a Treasury Secretary Scott Bessant, kind of come
forward and talk about what they have done. Now. They
put a pause on all of these countries. Over seventy
countries came to the table and said they want to
renegotiate their tariff deals, and the Trump administration put a pause.
(09:38):
They basically kept it at ten percent, when before it
was as high as you know, in the thirties and
even higher than that in some countries. They put a
pause and made it only ten percent, except for with China.
They've they've kept those, they've they actually increased those. But
here's Secretary Vestent talking about this development.
Speaker 5 (09:58):
We saw the successful negotiating strategy that President Trump implemented
a week ago. Today, it has brought more than seventy
five countries forward to negotiate. It took great courage, great
courage for him to stay the course until this moment.
And what we have ended up with here, as I
told everyone a week.
Speaker 3 (10:20):
Ago, they are in this very spot. Do not retaliate
and you will be rewarded. So every country in the
world who wants to come and negotiate, we are willing
to hear you. We're going to go down to a
ten percent baseline tariff they for them, and China will
(10:41):
be raised to one five due to their insistence on escalation.
Speaker 1 (10:46):
Now I believe he's even they've even increased it more
since then, And of course China responded and they've increased
it more on us. They've also floated the idea of
China banning the import of US films, which is a
big deal for Hollywood, be because most of Hollywood when
they make their big tent pole films, they have China
(11:08):
in mind because they want to exploit that market. So
there's that threat that's out there. But now you have
India coming to the table, you have Vietnam coming to
the table. Vietnam is considered, you know, a potential China
replacement for the manufacturing because they have a lot of
(11:30):
the capabilities. Know how, we're already trading with them. There
are other countries coming to the table, and you know,
China is playing hardball. And what many are saying that
China is doing now is selling our bonds. And so
what they're doing by selling our bonds is they're flooding
which is which is basically our debt, and they're flooding
(11:53):
the market with our debt. And because of that, interest
rates have been going up on bonds, which is not good,
which basically means it's costing the United States government more
to acquire debt. And many people say that the bond
market is even more important than the stock market in
(12:16):
that if the bond market goes, we're in deep poo
poo okay, because what they're basically saying is it's costing
us more to borrow and that creates a big issue
because there's almost a flight away from the US dollars.
So people are saying that the American economy isn't as
strong as it was, say, you know, prior to this
(12:39):
tariff war, and also the United States has to pay
more for their debt. So as huge of a debt
as we have, we're having to pay more to pay
the interest on those debt on that debt.
Speaker 2 (12:51):
So what's the solution to that?
Speaker 1 (12:53):
What people are saying is that by China's selling all
of their US debt, they are debasing their yuon and
they're bringing the value of their yuon down, and at
some point that is going to become a big problem
for them. So the solution might be that they're forced
to stop selling the debt that they hold with the
United States, which would stop potentially the interest rates on
(13:16):
bonds going up. I don't want to get kind of
too caught up in the weeds of that, but there
is a lot of uncertainty happening right now. But something
had to be done, and I want to talk a
little bit more about that after the break, because the
issue here is such a big issue that I don't
think people quite understand how much China has been taking
(13:38):
advantage of us. And we're going to get to that
after the break. You're listening to Red Pilled America's fam Boogie,
and we're talking about this tariff wars with China and
the rest of the world. Really it's been America against
the world, and the world has been rallying around China.
(14:00):
What Secretary Scott Bessen said is that China is isolated,
and in many ways they are. You have a country
now that is the only one. I believe. Canada is
also kind of trying to play a little bit of
hardball with the United States, and that's because they have
an incredibly close relationship with China. But they are isolated
(14:21):
because they are kind of surrounded. You have Vietnam coming
to the table, you have Japan coming to the table.
You have all of the Taiwan basically says that they
want to lower their their tariffs against the United States.
You have all of these Asian companies or excuse the
Asian countries around China that are willing to step to
(14:42):
the table.
Speaker 2 (14:43):
So they're rallying around the US, not China.
Speaker 1 (14:45):
Yes, well, because China, they're being forced to come to
the table because of President Trump's move. So but there's
this this one topic that is such an important one,
and I thought Kevin Leary hit this topic pretty well.
Kevin Leary is one of the guys. It's on the
Shark Tank show. He's an investment guy, and he had
(15:08):
a conversation on I believe it was MSNBC talking about
this issue of China stealing our intellectual property, and let's
hear that. Let's hear his take, and then we'll comment
to it.
Speaker 6 (15:22):
On the flip side, it's the government. They cheat, they steal,
they don't play by the rules. And I've had enough,
and so I would like this thing worked out. I
don't care about the volatility. I don't care if Trump
ratches it up twenty five percent a day.
Speaker 2 (15:35):
What do you mean, Kevin, What do.
Speaker 6 (15:36):
You mean you don't care about volatility if volatility has
a direct impact on us as the consumers, because we
have to fix this problem once and for all. It's
killing us. It's killing small business in America, it's killing
large businesses all the ip these guys steal. You go
back and look at all of their technological advancements, and
this is on personal estimation. You're going to find source
(15:56):
code from American companies back four decades ago. These guys
don't play by the rules, and administration after administration, whether
the European or American, have not dealt with this.
Speaker 3 (16:07):
It's enough.
Speaker 6 (16:08):
We've got to solve this problem now. If we have
to squeeze Chinese heads to the walls, I said yesterday
when I was testifying, so be it. I'm willing to
live with the volatility to get the long situation settled.
I want in China. I want to open up those markets.
Speaker 1 (16:24):
So what he's hitting on there, it's fascinating. Having worked
in the car industry for a while, Adriana and I
we worked in it for over a decade, and you
it will be. I was shocked because you would see
American vehicles in China without the American logo on it.
It was a straight ripoff. Straight they rip off. They
(16:46):
don't They do not pay attention to our trademarks, they
don't pay attention to our ips. They just steal our
intellectual property. And there's not much you can do about it.
Speaker 2 (16:57):
Because we have allowed it to happen.
Speaker 1 (16:59):
We've allowed it to happen, and we in order to
enter their market, they have to take fifty percent ownership
in the companies that are in China. They have basically
wiped away all of their research and development in their
country because they don't need to do it. We come
there and they steal it from US, or they send
(17:21):
their students into United States universities and they steal it
because they are part of the research labs in our universities. So,
you know, and we we've had an experience with this.
You know, years ago when Adriana and I were just
kind of just doing advertising. We hadn't started the podcast yet.
We had a marketing company, and we got approached by
(17:44):
a Chinese sports promotion company, the biggest sports promotion company
in China. They wanted to start working with NBA players
to one get the NBA players to go into China
and also to have put together packages for Chinese nationals
to come here to the United States and be spectators
(18:06):
at these sports events and also kind of be involved
in kind of like sports camps and that kind of thing.
So they approached us to be involved in a promotion.
Speaker 2 (18:16):
And the way that the opportunity came to us was
very legit. It came through us through our lawyer, who
is one of the you know, it's like one of
the number one entertainment lawyers in the country. The other
company that was going to be involved with it was CAAA, so.
Speaker 1 (18:32):
It was just the biggest talent agency in America. The
most respected talents.
Speaker 2 (18:36):
Yeah, in Hollywood and whatnot. So it was definitely like legit.
Speaker 6 (18:40):
You know.
Speaker 2 (18:40):
It wasn't like this weird Chinese company approaching us. There
was a you know, very big players involved, and so
we moved forward with this project.
Speaker 1 (18:48):
Yeah, they came to us kind of late, and so
we ended up doing this promotion with Kobe Bryant for
his last basketball game. And so we put this whole
campaign around Kobe Bryant's last basketball game. And it was
our job to get media for this and get coverage
for this. So we got them on all you know,
I think it was Fox Business, We got them on CNN,
(19:09):
we got them on a bunch of different media outlets.
Speaker 2 (19:12):
Yeah, and we also had to They were bringing over
a bunch of Chinese nationals to basically come and watch
Kobe's last game because basketball is huge in China, and
these people paid a ton of money and this Chinese
company said that they were going to bring over one
hundred people. But it became pretty apparent early on that
(19:34):
this company was not being entirely honest with us. We
kept catching them and not just little white lies. We
were like, what the fuck.
Speaker 1 (19:43):
Yeah, Yeah, there was definitely some lies going on. There
was a lot of lives going on. So but we
get them the media coverage and it was a huge success,
you know, and of course, anyone that watched that last
Kobe game, I think he scored sixty points. It was
one of the biggest events in the NBA that year.
And so but they came to us last mins in
(20:03):
it and they said, you know what, we don't have
time to put together a contract. But let's you know,
we gave them our term sheet. This is our terms,
this is what we need to get paid for it.
They agreed to that. It was all kind of in writing,
it was all electronically captured, and so we're like, cool,
all right, so we don't have much time. We're going
to trust them. We've done that a lot of times
where we didn't have time to put together contract, but
(20:24):
we had time to get together a term sheet.
Speaker 2 (20:27):
Not something I recommend.
Speaker 1 (20:29):
Definitely not, definitely not, and especially not.
Speaker 2 (20:31):
With China, never ever with China, really never with anybody,
you guys, if I'm being honest.
Speaker 1 (20:36):
So, but we took the risk because of all these
legit players that were involved with this. So we did
the deal. We did the deal, and we got the
press and.
Speaker 2 (20:44):
About killed it on our end.
Speaker 1 (20:46):
So about a week after the promotion, we're collecting all
of the pr we get them the public relations. They
start to go on this long kind of excuse that, oh,
they can't they haven't paid us yet because they didn't
they have a communist government. In order for them to
send money to an American company, they had to go
(21:07):
through all of this red tape and it went on
and on and on for a couple of weeks, and
there came a point where we realized they aren't going
to pay us. So we played hardball and we basically said,
we are going to go to the media and you know,
we kept track of every lie that you guys told
along this process, and we're going to tell them about
(21:29):
the lies that you guys told. The next day we
got paid. Okay. They were working under this kind of
business thought process of okay, well, you guys were the
dumb ones to agree to this, and we ended up
understanding this later after we spoke to people that had
dealt with China where they have this methodology or this
(21:51):
mindset of Okay, if you're dumb enough to do believe us,
then you are the wrong one. Okay, do not trust us, basically,
and you trusted us and you made a mistake. And
luckily we had the leverage to be able to pull
to get them to pay us because it was a
considerable amount of money at the time. But the point
being here is this, they will screw you if they can.
(22:16):
And this is why when people are saying, oh, why
didn't you just when they take a nicer approach to this,
why did they say, oh, let's go to the table,
let's come to the table and make a deal on this. No,
you can't do that with these people, because they don't
listen to anything but strength.
Speaker 2 (22:32):
That's right, And by the way, that is the mindset
of a lot of very successful people in business. Unfortunately,
the saying nice guys finish last, it's a saying for
a reason, you should never go into any type of
the business relationship trusting that these people are going to
follow through if you don't have a secure and solid
(22:53):
contract in place. So, but definitely, the Chinese they play
hardball and they do not play by the rules. And
if you let them take advantage of you, they will
take advantage of you. And at the end of the day,
it'll be your own fault.
Speaker 1 (23:08):
So then but now this this thing comes up of Okay,
well you know what what can go wrong here? And
really what can go wrong here is does the American
people do the American people have the mental strength to
go through some pain for a while, because it is
(23:28):
there is going to be some pain. Everything that we
get is from China. I mean, we've talked about this
on famboogie here so many times. It's like made in China,
made in China, made in China. Everything is made in China.
So how do you get around that? Well, you're going
to see some price increases.
Speaker 3 (23:46):
You know.
Speaker 1 (23:46):
We saw a price increase recently on something that we
wanted to buy a week ago that was one hundred
dollars and a week later it ends up being one
hundred and twenty five dollars. You know, So you're going
to see some pain in the short term. It's also
very risk they could cut us off from a lot
of this kind of pharmaceutical product that we've become addicted
(24:07):
to in their country, and there's an issue with that.
It really what is going to it's going to happen
here is can the American people withstand this? And we've
become weak in many senses because of these government policies.
But ultimately there is an issue with whether the American
people can withstand a little.
Speaker 3 (24:29):
Bit of pain.
Speaker 6 (24:30):
Yeah.
Speaker 2 (24:30):
I think we've gotten very complacent. We have You know
many in many occasions, Americans are just not really paying
attention to what's happening and how this has happened. And
all they see is, oh, my stocks are plummeting. You know,
why is this happening? But we really people need to
start paying better attention to who they're voting for in
the policies that those people are implementing.
Speaker 1 (24:52):
You have a I thought this is an interesting comment
from Peter Shift is this is what he put Peter Shift,
he's been on the show before. He is kind of
a big gold guy, and and he's been kind of
he called the stock market crash in two thousand and eight,
the financial crisis in two thousand and eight. He's been
calling for quite some time a breakdown. But what he's
(25:15):
a breakdown in the stock market. But this is what
he had to say about. And he hasn't been a
big fan of the Trump tariffs, but this is what
he had to say recently. For decades, we as Americans
have lived beyond our means by consuming far more than
we produce. To make that possible, we outsourced our manufacturing,
sold off assets, and went into debt. Foreign countries like
(25:37):
China produced what we didn't, bought our assets, and loaned
us the money. The result was that we got lower
consumer prices and interest rates and higher stock prices. Trump
described this as foreigners ripping us off, and he wants
to put a stop to it immediately. Fine, but understand
what that means. We can no longer live beyond our means.
(26:00):
We have to stop spending and start saving. We have
to roll up our sleeves and go back to work.
Consumer prices and interest rates will soar, and our stock
market will collapse. Welcome to liberation. So he believes, See,
he's not coming up with a solution. That's part of like,
I think the problem that I've been having with his
(26:23):
issues with tariffs and with kind of our out of
control spending is that there's no solution. In his mind,
is that it's going to collapse one way or the other.
I think that at the end of the day, we
have to make some move. Trump made a move, a
move that I think was really his best bad move.
And we'll see where it goes. But it's really going
to be up to the American people as to whether
(26:45):
this is something that he wins or not. And the
media is rooting against him as normal. Wall Street's working
against him because they don't want they want their inflated profits.
They want the stock market to keep going up. They
don't want it to go down at all. So it'll
be interesting to see kind of where this all lands.
But I think that we just wanted to add a
bit of perspective the things that on how important this is.
(27:06):
There is a method to this madness. We are trying
to bring back manufacturing here, critical national security manufacturing, things
like pharmaceuticals, things like like silicon chips, and things like
our some of our consumer products like our electronics and
what have you. We need to bring back these important
(27:27):
things here because if we do not, we will be
in serious, serious trouble if we gotten to a conflict
with someone like China or somebody else like Russia or
what have you. With that, I want to get into
the next topic, but we're gonna you guys are gonna
have to join us in part two of this edition
of Famboogie. We're going to be getting into this whole
(27:50):
thing that happens, this Frisco stabbing, and this is we
see a race war coming with this story, so I
think it's an important one that we'll be getting into
in part two. Please join us at red Pilled America
dot com become a fan BAM subscriber. We need your
guys support and we'll see you guys in Part two
This is Red Pilled America. Hey, this is Patrick CARELCI.
Speaker 2 (00:09):
And I'm Adriana Cortez and welcome to Red Pilled Americas
and Boogie.
Speaker 3 (00:31):
What a week?
Speaker 1 (00:32):
What a week?
Speaker 2 (00:33):
What a great and wonderful week. Hello everybody, welcome to
Red Pilled America's Sam Boogie. I'm Adriana Cortez as I
said earlier, and you are my friend Patrick Carelchi.
Speaker 1 (00:44):
And if you guys want to join the fambam and
come backstage, we are going to end up going backstage
after this. Go to Redpilledamerica dot com click join at
the top menu. We need you. It's hard to do
a storytelling show, as anyone that does a storytelling show knows.
I actually saw a moment. There was a moment with
a Joe Rogan podcast recently. He had Dave Rubin on
(01:08):
because she's been at Dave Ruben was his name, Dave Smith,
Dave Smith and Douglas Murray. And we're going to get
into that debates at some point today. But they talk
about storytelling and how much harder it is to do
a storytelling podcast than it is to do a talking podcast.
Speaker 3 (01:25):
Yeah.
Speaker 2 (01:26):
I have to say though, it's and I've said this
many times. A fanbomb knows this. It's incredibly rewarding work.
It really is. It's I feel like it's the best
work that we have ever done.
Speaker 1 (01:36):
I agree with that. So but you know, and this
is obviously our talking podcast. But we put it up.
Are we trying to do it? We're trying to put
it up every week. But we're in the middle of
our What's an American? We need you guys, We need
the fanbam support redpilled America dot com. Also, if you
guys want to hear your voice on the show, send
(01:59):
us an audio, a short brief audio of what you
think an American is? What's an American? Answer that question?
You could record it on your phone, you could record
it however you want to record it audio wise, email
us that audio at info at redpilled America dot com
and we'd love to get your guys's input on it,
and it might be on the show. So there's a
(02:21):
bunch that went on this week. Of course, the tariff
talk is kind of still hot.
Speaker 2 (02:29):
Very very hot hot conversation. We're going any further, you guys,
We are going to do this in our new Fanboogie format.
Part one and Part two. We're getting a lot of
really positive feedback. You guys really like this format, so
we are going to do that. Part one we're going
to talk about tariffs and the Frisco stabbing, and in.
Speaker 1 (02:46):
Part two, no, we're probably gonna well, we have a
couple of topics. We'll see how we're going to break
it up. But here that we're going to be talking
about tariffs. We're going to talk about the Frisco stabbing.
This is the Carmelo Anthony and Austin Metcalf confrontation that
led to the death of Austin Metcalf. We're going to
get into that huge topic. I think that has some
(03:06):
very big implications in the future that we want to
get into. We're also going to talk about a little
bit of the Douglas Murray and Joe Rogan Dave Smith debate,
which I think it was very very interesting. We're going
to get into that, and then at some point we're
going to go backstage to talk about some Hollywood and
some other thoughts on all of these topics. Let's start
(03:28):
off with this tariff thing. As any longtime listener of
Red Pilled American knows, we've been talking about bringing back
American manufacturing since the very early days of red pilled America.
We started it with American Icon where we gave you
guys the story of the baseball hat, and with that
we ended up telling the story of American manufacturing. And
(03:49):
within that story also came up the idea the thoughts
of tariffs and American history with tariffs, and it's been
something that a lot of America First proponents have been
pushing because it's the really the only way that we
can bring back American manufacturing here to the United States.
(04:11):
We've also touched on this topic with silver Lining, which
we reran this week, which kind of went into the
story of how America gave up its health to China
through giving its pharmaceutical manufacturing to China.
Speaker 2 (04:25):
Think about the implications of that, you guys. If there's
a you know, if there is a war to break
out and we're dragged into it and we cannot make
something as simple as penicillin here in the United States
because we haven't set up that capability, we've offshort it.
That could be disastrous.
Speaker 1 (04:43):
Yes, So it's been all of these policies, these both
the Democrats and the Republicans are guilty of through NAFTA
through quote unquote free trade, through opening up the markets
to China and to India and to Vietnam and allowing
them to hire slave labor, allowing them to avoid environmental
(05:06):
regulations that we in America could not avoid because of
the political ramifications of that. We've offshored all of this
product overseas. We've offshored the capabilities overseas, and it is
a recipe for disaster. Okay, so Trump had to do something.
(05:27):
A president had to do something. And you can argue
whether this Trump tariff issue or him bringing it up
so kind of violently as a lot of people would say,
was the right decision or not. But something had to
be done, and a president doesn't have a lot of
levers in this. They could either throw money at industry
(05:49):
and kind of subsidize certain industries the way China does.
They can lower the dollars value, which makes our products
less expensive easier to export, or you can put tariffs up.
And Trump decided to go the latter route because there
(06:12):
is because of the these other countries having high tariffs
on the United States. China has big tariff on the
United States. In addition to that, when you go to
China as an American company, they take ownership of those
companies and they take the IP, they take our intellectual property,
they take our know how, and it's the reason why
(06:33):
China has been able to leapfrog from having basically no
industry in the eighties to now being the experts in
certain fields. I want to play this clip from you
for you guys, from Tim Cook and he explains why
Apple has made so many has made their products, has
made their phones in China, and I want to explain
(06:55):
to you where he gets it wrong. On the flip side, there's.
Speaker 4 (06:58):
A confusion about China, and let me at least give
you my opinion. The popular conception is that companies come
to China because of low labor costs. I'm not sure
what part of China they go to, but the truth
is China stopped being the low labor costs country many
years ago.
Speaker 3 (07:17):
The reason is.
Speaker 4 (07:17):
Because of the skill, the quantity of skill in one location,
and the type of skill.
Speaker 3 (07:23):
It is.
Speaker 4 (07:24):
Like, the products we do require really advanced tooling and
the precision that you have to have in tooling and
working with the materials that we do are state of
the art, and the tooling skill is very deep here.
You know, in the US you could have a meeting
of tooling engineers and I'm not sure we could fill
their own. In China, you could fill multiple football fields.
(07:47):
It's that vocational. Vocational expertise is very deep, very very
deep here.
Speaker 1 (07:54):
So what he misses there though, and it's true, it
is true that China has your past America when it
comes to skill in manufacturing. That in the clothing industry.
We've had friends that have dispelled us of that idea
that they can get higher quality things made here in
the United States. They said, no, you get higher quality
now in China. And the reason being the reason they've
(08:16):
been building these things for thirty years, now forty years.
Speaker 2 (08:20):
We don't make anything here anymore. So we don't know
how to make things. You don't just develop a skill overnight.
It takes time to hone that skill exactly.
Speaker 1 (08:31):
So, but this happened. What Tim Cook doesn't say is
it happened because of government policies. This disparity in skill
set happened because of government policies. We've offshorted. Now he
says that you can't get cheap labor there in China.
I think he's over exaggerating it there. I think there
is still considered quote unquote slave labor in parts of China.
(08:54):
But he also doesn't mention the fact that they're able
to avoid regulations. China has a carve out in allowing
them to pollute the environment in a way the United
States and other countries, other you know, first world countries,
I guess, if you want to call it, aren't allowed
to do it. So this thing that something had to happen,
(09:15):
something had to happen. So as you saw earlier this week,
we had a Treasury Secretary Scott Bessant, kind of come
forward and talk about what they have done. Now. They
put a pause on all of these countries. Over seventy
countries came to the table and said they want to
renegotiate their tariff deals, and the Trump administration put a pause.
(09:38):
They basically kept it at ten percent, when before it
was as high as you know, in the thirties and
even higher than that in some countries. They put a
pause and made it only ten percent, except for with China.
They've they've kept those, they've they actually increased those. But
here's Secretary Vestent talking about this development.
Speaker 5 (09:58):
We saw the successful negotiating strategy that President Trump implemented
a week ago. Today, it has brought more than seventy
five countries forward to negotiate. It took great courage, great
courage for him to stay the course until this moment.
And what we have ended up with here, as I
told everyone a week.
Speaker 3 (10:20):
Ago, they are in this very spot. Do not retaliate
and you will be rewarded. So every country in the
world who wants to come and negotiate, we are willing
to hear you. We're going to go down to a
ten percent baseline tariff they for them, and China will
(10:41):
be raised to one five due to their insistence on escalation.
Speaker 1 (10:46):
Now I believe he's even they've even increased it more
since then, And of course China responded and they've increased
it more on us. They've also floated the idea of
China banning the import of US films, which is a
big deal for Hollywood, be because most of Hollywood when
they make their big tent pole films, they have China
(11:08):
in mind because they want to exploit that market. So
there's that threat that's out there. But now you have
India coming to the table, you have Vietnam coming to
the table. Vietnam is considered, you know, a potential China
replacement for the manufacturing because they have a lot of
(11:30):
the capabilities. Know how, we're already trading with them. There
are other countries coming to the table, and you know,
China is playing hardball. And what many are saying that
China is doing now is selling our bonds. And so
what they're doing by selling our bonds is they're flooding
which is which is basically our debt, and they're flooding
(11:53):
the market with our debt. And because of that, interest
rates have been going up on bonds, which is not good,
which basically means it's costing the United States government more
to acquire debt. And many people say that the bond
market is even more important than the stock market in
(12:16):
that if the bond market goes, we're in deep poo
poo okay, because what they're basically saying is it's costing
us more to borrow and that creates a big issue
because there's almost a flight away from the US dollars.
So people are saying that the American economy isn't as
strong as it was, say, you know, prior to this
(12:39):
tariff war, and also the United States has to pay
more for their debt. So as huge of a debt
as we have, we're having to pay more to pay
the interest on those debt on that debt.
Speaker 2 (12:51):
So what's the solution to that?
Speaker 1 (12:53):
What people are saying is that by China's selling all
of their US debt, they are debasing their yuon and
they're bringing the value of their yuon down, and at
some point that is going to become a big problem
for them. So the solution might be that they're forced
to stop selling the debt that they hold with the
United States, which would stop potentially the interest rates on
(13:16):
bonds going up. I don't want to get kind of
too caught up in the weeds of that, but there
is a lot of uncertainty happening right now. But something
had to be done, and I want to talk a
little bit more about that after the break, because the
issue here is such a big issue that I don't
think people quite understand how much China has been taking
(13:38):
advantage of us. And we're going to get to that
after the break. You're listening to Red Pilled America's fam Boogie,
and we're talking about this tariff wars with China and
the rest of the world. Really it's been America against
the world, and the world has been rallying around China.
(14:00):
What Secretary Scott Bessen said is that China is isolated,
and in many ways they are. You have a country
now that is the only one. I believe. Canada is
also kind of trying to play a little bit of
hardball with the United States, and that's because they have
an incredibly close relationship with China. But they are isolated
(14:21):
because they are kind of surrounded. You have Vietnam coming
to the table, you have Japan coming to the table.
You have all of the Taiwan basically says that they
want to lower their their tariffs against the United States.
You have all of these Asian companies or excuse the
Asian countries around China that are willing to step to
(14:42):
the table.
Speaker 2 (14:43):
So they're rallying around the US, not China.
Speaker 1 (14:45):
Yes, well, because China, they're being forced to come to
the table because of President Trump's move. So but there's
this this one topic that is such an important one,
and I thought Kevin Leary hit this topic pretty well.
Kevin Leary is one of the guys. It's on the
Shark Tank show. He's an investment guy, and he had
(15:08):
a conversation on I believe it was MSNBC talking about
this issue of China stealing our intellectual property, and let's
hear that. Let's hear his take, and then we'll comment
to it.
Speaker 6 (15:22):
On the flip side, it's the government. They cheat, they steal,
they don't play by the rules. And I've had enough,
and so I would like this thing worked out. I
don't care about the volatility. I don't care if Trump
ratches it up twenty five percent a day.
Speaker 2 (15:35):
What do you mean, Kevin, What do.
Speaker 6 (15:36):
You mean you don't care about volatility if volatility has
a direct impact on us as the consumers, because we
have to fix this problem once and for all. It's
killing us. It's killing small business in America, it's killing
large businesses all the ip these guys steal. You go
back and look at all of their technological advancements, and
this is on personal estimation. You're going to find source
(15:56):
code from American companies back four decades ago. These guys
don't play by the rules, and administration after administration, whether
the European or American, have not dealt with this.
Speaker 3 (16:07):
It's enough.
Speaker 6 (16:08):
We've got to solve this problem now. If we have
to squeeze Chinese heads to the walls, I said yesterday
when I was testifying, so be it. I'm willing to
live with the volatility to get the long situation settled.
I want in China. I want to open up those markets.
Speaker 1 (16:24):
So what he's hitting on there, it's fascinating. Having worked
in the car industry for a while, Adriana and I
we worked in it for over a decade, and you
it will be. I was shocked because you would see
American vehicles in China without the American logo on it.
It was a straight ripoff. Straight they rip off. They
(16:46):
don't They do not pay attention to our trademarks, they
don't pay attention to our ips. They just steal our
intellectual property. And there's not much you can do about it.
Speaker 2 (16:57):
Because we have allowed it to happen.
Speaker 1 (16:59):
We've allowed it to happen, and we in order to
enter their market, they have to take fifty percent ownership
in the companies that are in China. They have basically
wiped away all of their research and development in their
country because they don't need to do it. We come
there and they steal it from US, or they send
(17:21):
their students into United States universities and they steal it
because they are part of the research labs in our universities. So,
you know, and we we've had an experience with this.
You know, years ago when Adriana and I were just
kind of just doing advertising. We hadn't started the podcast yet.
We had a marketing company, and we got approached by
(17:44):
a Chinese sports promotion company, the biggest sports promotion company
in China. They wanted to start working with NBA players
to one get the NBA players to go into China
and also to have put together packages for Chinese nationals
to come here to the United States and be spectators
(18:06):
at these sports events and also kind of be involved
in kind of like sports camps and that kind of thing.
So they approached us to be involved in a promotion.
Speaker 2 (18:16):
And the way that the opportunity came to us was
very legit. It came through us through our lawyer, who
is one of the you know, it's like one of
the number one entertainment lawyers in the country. The other
company that was going to be involved with it was CAAA, so.
Speaker 1 (18:32):
It was just the biggest talent agency in America. The
most respected talents.
Speaker 2 (18:36):
Yeah, in Hollywood and whatnot. So it was definitely like legit.
Speaker 6 (18:40):
You know.
Speaker 2 (18:40):
It wasn't like this weird Chinese company approaching us. There
was a you know, very big players involved, and so
we moved forward with this project.
Speaker 1 (18:48):
Yeah, they came to us kind of late, and so
we ended up doing this promotion with Kobe Bryant for
his last basketball game. And so we put this whole
campaign around Kobe Bryant's last basketball game. And it was
our job to get media for this and get coverage
for this. So we got them on all you know,
I think it was Fox Business, We got them on CNN,
(19:09):
we got them on a bunch of different media outlets.
Speaker 2 (19:12):
Yeah, and we also had to They were bringing over
a bunch of Chinese nationals to basically come and watch
Kobe's last game because basketball is huge in China, and
these people paid a ton of money and this Chinese
company said that they were going to bring over one
hundred people. But it became pretty apparent early on that
(19:34):
this company was not being entirely honest with us. We
kept catching them and not just little white lies. We
were like, what the fuck.
Speaker 1 (19:43):
Yeah, Yeah, there was definitely some lies going on. There
was a lot of lives going on. So but we
get them the media coverage and it was a huge success,
you know, and of course, anyone that watched that last
Kobe game, I think he scored sixty points. It was
one of the biggest events in the NBA that year.
And so but they came to us last mins in
(20:03):
it and they said, you know what, we don't have
time to put together a contract. But let's you know,
we gave them our term sheet. This is our terms,
this is what we need to get paid for it.
They agreed to that. It was all kind of in writing,
it was all electronically captured, and so we're like, cool,
all right, so we don't have much time. We're going
to trust them. We've done that a lot of times
where we didn't have time to put together contract, but
(20:24):
we had time to get together a term sheet.
Speaker 2 (20:27):
Not something I recommend.
Speaker 1 (20:29):
Definitely not, definitely not, and especially not.
Speaker 2 (20:31):
With China, never ever with China, really never with anybody,
you guys, if I'm being honest.
Speaker 1 (20:36):
So, but we took the risk because of all these
legit players that were involved with this. So we did
the deal. We did the deal, and we got the
press and.
Speaker 2 (20:44):
About killed it on our end.
Speaker 1 (20:46):
So about a week after the promotion, we're collecting all
of the pr we get them the public relations. They
start to go on this long kind of excuse that, oh,
they can't they haven't paid us yet because they didn't
they have a communist government. In order for them to
send money to an American company, they had to go
(21:07):
through all of this red tape and it went on
and on and on for a couple of weeks, and
there came a point where we realized they aren't going
to pay us. So we played hardball and we basically said,
we are going to go to the media and you know,
we kept track of every lie that you guys told
along this process, and we're going to tell them about
(21:29):
the lies that you guys told. The next day we
got paid. Okay. They were working under this kind of
business thought process of okay, well, you guys were the
dumb ones to agree to this, and we ended up
understanding this later after we spoke to people that had
dealt with China where they have this methodology or this
(21:51):
mindset of Okay, if you're dumb enough to do believe us,
then you are the wrong one. Okay, do not trust us, basically,
and you trusted us and you made a mistake. And
luckily we had the leverage to be able to pull
to get them to pay us because it was a
considerable amount of money at the time. But the point
being here is this, they will screw you if they can.
(22:16):
And this is why when people are saying, oh, why
didn't you just when they take a nicer approach to this,
why did they say, oh, let's go to the table,
let's come to the table and make a deal on this. No,
you can't do that with these people, because they don't
listen to anything but strength.
Speaker 2 (22:32):
That's right, And by the way, that is the mindset
of a lot of very successful people in business. Unfortunately,
the saying nice guys finish last, it's a saying for
a reason, you should never go into any type of
the business relationship trusting that these people are going to
follow through if you don't have a secure and solid
(22:53):
contract in place. So, but definitely, the Chinese they play
hardball and they do not play by the rules. And
if you let them take advantage of you, they will
take advantage of you. And at the end of the day,
it'll be your own fault.
Speaker 1 (23:08):
So then but now this this thing comes up of Okay,
well you know what what can go wrong here? And
really what can go wrong here is does the American
people do the American people have the mental strength to
go through some pain for a while, because it is
(23:28):
there is going to be some pain. Everything that we
get is from China. I mean, we've talked about this
on famboogie here so many times. It's like made in China,
made in China, made in China. Everything is made in China.
So how do you get around that? Well, you're going
to see some price increases.
Speaker 3 (23:46):
You know.
Speaker 1 (23:46):
We saw a price increase recently on something that we
wanted to buy a week ago that was one hundred
dollars and a week later it ends up being one
hundred and twenty five dollars. You know, So you're going
to see some pain in the short term. It's also
very risk they could cut us off from a lot
of this kind of pharmaceutical product that we've become addicted
(24:07):
to in their country, and there's an issue with that.
It really what is going to it's going to happen
here is can the American people withstand this? And we've
become weak in many senses because of these government policies.
But ultimately there is an issue with whether the American
people can withstand a little.
Speaker 3 (24:29):
Bit of pain.
Speaker 6 (24:30):
Yeah.
Speaker 2 (24:30):
I think we've gotten very complacent. We have You know
many in many occasions, Americans are just not really paying
attention to what's happening and how this has happened. And
all they see is, oh, my stocks are plummeting. You know,
why is this happening? But we really people need to
start paying better attention to who they're voting for in
the policies that those people are implementing.
Speaker 1 (24:52):
You have a I thought this is an interesting comment
from Peter Shift is this is what he put Peter Shift,
he's been on the show before. He is kind of
a big gold guy, and and he's been kind of
he called the stock market crash in two thousand and eight,
the financial crisis in two thousand and eight. He's been
calling for quite some time a breakdown. But what he's
(25:15):
a breakdown in the stock market. But this is what
he had to say about. And he hasn't been a
big fan of the Trump tariffs, but this is what
he had to say recently. For decades, we as Americans
have lived beyond our means by consuming far more than
we produce. To make that possible, we outsourced our manufacturing,
sold off assets, and went into debt. Foreign countries like
(25:37):
China produced what we didn't, bought our assets, and loaned
us the money. The result was that we got lower
consumer prices and interest rates and higher stock prices. Trump
described this as foreigners ripping us off, and he wants
to put a stop to it immediately. Fine, but understand
what that means. We can no longer live beyond our means.
(26:00):
We have to stop spending and start saving. We have
to roll up our sleeves and go back to work.
Consumer prices and interest rates will soar, and our stock
market will collapse. Welcome to liberation. So he believes, See,
he's not coming up with a solution. That's part of like,
I think the problem that I've been having with his
(26:23):
issues with tariffs and with kind of our out of
control spending is that there's no solution. In his mind,
is that it's going to collapse one way or the other.
I think that at the end of the day, we
have to make some move. Trump made a move, a
move that I think was really his best bad move.
And we'll see where it goes. But it's really going
to be up to the American people as to whether
(26:45):
this is something that he wins or not. And the
media is rooting against him as normal. Wall Street's working
against him because they don't want they want their inflated profits.
They want the stock market to keep going up. They
don't want it to go down at all. So it'll
be interesting to see kind of where this all lands.
But I think that we just wanted to add a
bit of perspective the things that on how important this is.
(27:06):
There is a method to this madness. We are trying
to bring back manufacturing here, critical national security manufacturing, things
like pharmaceuticals, things like like silicon chips, and things like
our some of our consumer products like our electronics and
what have you. We need to bring back these important
(27:27):
things here because if we do not, we will be
in serious, serious trouble if we gotten to a conflict
with someone like China or somebody else like Russia or
what have you. With that, I want to get into
the next topic, but we're gonna you guys are gonna
have to join us in part two of this edition
of Famboogie. We're going to be getting into this whole
(27:50):
thing that happens, this Frisco stabbing, and this is we
see a race war coming with this story, so I
think it's an important one that we'll be getting into
in part two. Please join us at red Pilled America
dot com become a fan BAM subscriber. We need your
guys support and we'll see you guys in Part two
Hosts And Creators
Adryana Cortez
Patrick Courrielche
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