April 11, 2025 • 61 mins
Dumbed Down Democrats
Hour 1 of the Clay Travis and Buck Sexton Show kicks off with a lively discussion on the latest stock market trends, highlighting minimal movement and slight increases in the S&P and Dow indices. The hosts delve into the ongoing trade wars between the United States and China, noting China's recent tariff hikes and the potential for further negotiations. Buck Sexton provides personal updates, sharing humorous anecdotes about his experience with his wife's labor induction process, including the use of Pitocin and the challenges of hospital amenities.
The conversation shifts to inflation trends, with Clay Travis reporting encouraging news about declining inflation rates and the potential for the Federal Reserve to lower interest rates further. The hosts discuss the impact of inflation on everyday expenses like groceries and gas, emphasizing the positive signs for consumers.
Why Historical Literacy Matters
The show also covers political commentary, focusing on the Democratic Party's messaging and the perceived disconnect between their leaders and constituents. Clay Travis critiques Congresswoman Jasmine Crockett's approach, contrasting her elite private school background with her current political rhetoric. The hosts explore the broader implications of this disconnect and the importance of authentic communication in politics.
Additionally, the program touches on historical analogies, with Clay Travis drawing comparisons between current political figures and historical events, particularly World War II. He emphasizes the importance of historical literacy and the dangers of oversimplified analogies.
Larry Kudlow on the Economy
Clay Travis is joined by Larry Kudlow, who provides an in-depth analysis of the ongoing trade war between the United States and China. Kudlow explains the historical context of China's trade practices, including high tariffs and government subsidies, and discusses the impact on American manufacturing and jobs. He highlights Trump's efforts to level the playing field through reciprocal tariffs and negotiations with multiple countries, including Vietnam, Taiwan, South Korea, and India.
Kudlow outlines the challenges and potential solutions for achieving fair trade with China, emphasizing the importance of intellectual property protection, reducing forced technology transfers, and lowering tariffs. He also discusses the broader geopolitical implications, including China's military investments and the strategic importance of alliances with other countries.
The conversation shifts to economic policy, with Kudlow detailing the effects of Trump's tariff policies on the global economy and the potential for new trade deals. He underscores the significance of these negotiations for American businesses and consumers.
Following Kudlow's insights, Clay Travis discusses the importance of historical literacy and the dangers of oversimplified analogies in political discourse. He critiques the tendency to compare contemporary political figures to historical dictators, stressing the need for nuanced understanding of history.
Rachel Campos-Duffy
Rachel Campos-Duffy, co-host of Fox and Friends Weekend, shares advice for Clay Travis as he prepares to guest host with her this weekend. Campos-Duffy offers insights into the dynamics of the show, emphasizing the importance of camaraderie and authentic communication.
The segment concludes with a discussion on military policies, highlighting Pete Hegseth's announcement about reinstating service members who were discharged for refusing the COVID-19 vaccine. This decision is framed as a fulfillment of promises made by President Trump.
Campos-Duffy also talks about setting up Buck and Carrie (and takes credit for the new baby by proxy) and why she and husband Sean Duffy decided to have nine children.
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Welcome in Friday edition. Clay Travis, Buck Sexton Show. Appreciate
all of you hanging out with us as we are
rolling into the weekend to give you the absolute latest
on everything. Since we now cover the stock market on
a daily basis, let me give you the latest. It's
not moving very much today, essentially unmoved in general, s
(00:25):
and p up a little bit. The Dow is up
a little bit. Not movement very much. If if you
listen to Jim Kramer and sold all your stocks, you
made an awful decision. Because of the week in stocks
has actually been good. China has raised tariffs a bit
more on American goods, but basically sends the notice that
(00:47):
they will not be raising goods anymore. There is talk
that there will be further discussion between China and the
United States going forward. That is the latest in trade
wars and Buck news. Buck texted us trying to not
bother Buck and carry. Buck texted us yesterday that things
(01:08):
were going well but that the process of beginning the
induction might take twelve to eighteen hours. That is, I've
been through this a little bit and I'm inevitably gonna
screw this up. But with my wife on the three
different deliveries that we have had. My recollection, and I
(01:29):
know I'm going to get flooded with obgyn messages here.
My recollection is that there is a drug called pitussin
that is designed to gradually move a baby towards delivery.
This is my recollection in between complaining about the Wi Fi,
as my wife pointed out in the delivery room, and
in between not being happy with the television selections because
(01:53):
I couldn't find the games that I wanted to watch. Again,
my wife called in and gave her recollections of our
first baby being born. And that's too, the things that
she remembers. And honestly, the WiFi should work in the hospital.
Let's be honest in my defense, and why would you
not have basic sports television stations on cable? But you know,
it wasn't really about me. Babies are happy and healthy.
(02:13):
But I do remember my wife's water broke two weeks
early in the middle of the night, and we went
in early in the morning, and I believe they put
putussen on and that is what slowly moves you towards
the late labor process. I give you that update because
we have been deluged with so many of you saying, Hey,
(02:33):
what's the latest, what's the latest, what's the latest? That
is the latest? That was yesterday evening. We've not gotten
an update today. I am solo with you here. Probably
gonna be solo with you quite a bit next week,
I would imagine, because the baby boy has not yet
arrived so far as we know. I have got my
phone on trying not to bother Buck and carry. Buck
(02:54):
did say that his is very funny. Buck did say
that his blow up match was working well, which is
one of the most ridiculous decisions that I've heard anybody.
He was not confident enough in the couch in the
delivery room, so Buck took in his own blow up
mattress and has been sitting off to the side blowing
up the mattress. I presume that he slept on it
(03:16):
last night. And we will continue to give you updates
on how all of that is going. But newest news
that is out there is we got more inflation reads
this morning, which suggests that inflation is continuing to come down,
not just come down from the nine percent that Joe
(03:38):
Biden took us to, but actually come down, meaning the
goods out there in the United States are costing less.
That is a very very good sign because it means
that your dollars go further. It also means that the
Fed actually has some evidence that they could lower rates
(03:58):
even further after they had to skyrocket the rates to
try to deal with the nine percent nine percent inflation
rate that Joe Biden put in place, which necessitated one
of the most rapid rises in interest rates in the
modern history of the United States. So now what's interesting
(04:20):
is we kind of got a little bit of a pause.
The market seem to have adjusted to the United States
versus China trade war. We have new talking points that
are now coming out. And by the way, China has
taken tariffs to one hundred and twenty five percent. United
States has tariffs of one hundred and forty five percent. Basically,
(04:43):
we have had a lot of economic experts on to
talk with you Stephen Moore. Yesterday, the day before that,
we talked with Art Laffer. We are going to talk
with Larry Kudlow at about an hour from now at
the top of the second hour of the program. Many
of you watch his show cud Low on Fox Business.
(05:03):
He is a former high level Trump Economic Advisor, and
he will be on with us at one to talk
about the absolute latest there. There are reports that there
may be telephone calls between Trump and Chinese Premiere Z,
the leader there. We will keep you updated on that.
(05:24):
But what's important to know is the pivot has really happened,
and the pivot has happened now where they are trying
to argue despite all evidence to the contrary, that Trump's
trade war is already costing you more in terms of
the goods that you are buying. And I just think
it's important to understand what the talking points so that
(05:47):
you can push back against this again. Double inflation readings
early days of the Trump administration, the cost of goods, groceries, gas,
all of that is coming down. Eggs. Everybody wanted to
talk about eggs for a little while. Here is Jasmine Crockett,
who has become, unfortunately for Democrats, one of the chief
(06:08):
spokespeople of the Democrat Party right now saying cut twenty one.
You can't afford your home groceries. What is she saying,
because there's deportations that are happening again, this is cut
twenty two. This is absolutely unintelligible.
Speaker 2 (06:26):
Listen We've got to do better to connect the dots
and let people know the reason you can't afford a
home is because of these filled immigration policies. The reason
you're not going to be able to affords your food
is because of these filled immigration policies. And the same
ting goal for the hospitality industries, where we have so
many of those in the hospitality industry that are saying
(06:47):
they do not have the workers that they need right now.
Speaker 1 (06:50):
All right, So the talking point now is not only
the trade issues, right, it is that Trump being focused
on illegal immigrant is actually creating the cost increase which
doesn't actually exist at all, because the data reflects that
the cost of goods is actually declining. Okay, so this
(07:13):
is interesting, Jasmine Crockett, to me, is a great example
of how the Democrat Party has become broken in the
way that they talked to so many Americans out there.
And we discussed this yesterday when we had the Anderson
Cooper town hall with Bernie Sanders and they had that attorney,
(07:34):
the woman stand up and Anderson Cooper referred to her
as she, and she said, actually, it's they them, and
then she led into her next question, which was why
do men not support the Democrat Party, which was too perfect.
That was like they were trying to give us in
one talk back moment why they have collapsed. This is
(07:55):
also interesting. We've talked about this sum Jasmine Crockett is
a Houston, Texas area congresswoman. I believe maybe it was Dallas.
She's from Texas. She actually went to super elite private schools.
Her private school cost over thirty thousand dollars a year.
Right now, this is someone that went to a school
(08:15):
that you, most of you could never afford to send
your kids to. I'm a K through twelve public school kid.
I couldn't have gone to a school like this when
I was growing up. Here she is saying, Hey, I
really appreciate the sacrifices my parents made and how they
pushed me as a kid, and how they put me
in how they put me in great schools. Imagine if
(08:37):
this was the message instead of hey, all of the
lies Trump is hitler. It's just interesting to hear what
Democrats said back before they went insane. And I wanted
to play this for you because I think it's emblematic
of the era that we're in where Jasmine Crockett has
to appear dumber, poor, least, or less articulate than she
(09:00):
actually is in her mind to appeal to the Democrat base.
Listen to Cut twenty three.
Speaker 3 (09:06):
My parents worked multiple jobs, and I went to public
school until the sixth grade, and then there were some
problems with like the junior high, and they were very concerned,
so they got additional jobs and they worked to put
me into private school. So I was in private school
until I graduated at high school. And it's interesting that
(09:26):
my mom says that because she was one of those
people that I didn't get to rest right.
Speaker 4 (09:32):
Like.
Speaker 3 (09:33):
It wasn't a matter of go to school and maybe
play some video games and maybe go outside. It was
you know, you've got to do Dell teens. You've got
to be active in inroads, you've got to do upward bound,
you've got to do my like the list goes on
and on and on, junior achievement of all the things
that she had me doing. And I'm so appreciative to
(09:55):
her now. I was very tired when I was young.
Speaker 1 (10:00):
Like this Jasmine Crocket, I like Jasmin Crockett's parents. Imagine
if that was Jasmine Crockett's message, and that was the
Democrat party's message. Imagine if she went out and she said, Hey,
the reason I'm successful is because my mom and dad
busted their asses to put me in the best possible
school that I could go to, because the local public
(10:23):
school that I was going to was not taking me
to the best place where I could go. Imagine if
that was her message. Imagine if her message was we
got to buckle down. People have to work. Sometimes two jobs,
three jobs, jump around from one place to another. Mom
and dad may both have to work in order to
(10:43):
give the best opportunity to their kids. That's something with
that connects with all of you out there. And even
with that said, a lot of you couldn't afford the
private school that Jasmine Crockett got the privilege of going
to to get the education that she did. But the
aspirational nature of her parents, the fact that they made
(11:06):
her work her ass off and made her into someone
who could be elected a congresswoman one day, that's something
that has appeal. Why isn't that the Democrat message? Think
about how lost they are that Jasmine Crockett, who went
to private school in an elite private school from six
(11:28):
to twelfth grade and then went off to college because
of it. Now Phil's compelled to talk to her Texas
constituents like she doesn't have an education at all. What
does that say about the Democrat Party? What does it
say when you have to appear dumber than you are
in public and you rarely share the real story of
(11:51):
your life because you're convinced it doesn't connect with the
constituency you're trying to speak to. That's not good whatever
position you have. If you ever have to appear dumber
than you are in order to get somewhere, that's not
something you should aspire to do. And by the way,
(12:12):
getting on my soapbox. If you're ever in a relationship
with someone where you feel compelled, whether it's a friend,
whether it's a boyfriend girlfriend, where you feel compelled to
act like a dumber version of yourself to fit in,
you don't need to be there, and it's not very
good for you. That's the Democrat Party writ large. How
(12:35):
many of you knew that about Jasmine Crockett? How many
of you are aware of her background in any way?
I'd like to get Jasmine Crockett's parents on the show.
Are they proud of the language that she has adopted?
Maybe just because she's their daughter. But I don't know
(12:58):
based on the way that they raised her, it doesn't
sound like she's living by the values that they created
in her. It doesn't sound like she's espousing the same
American dream that they had for her. I just think
it's so interesting what democrats choose to focus on when
(13:22):
they actually tell their stories, and sometimes how incredibly dishonest
it actually is. Take some of your calls eight hundred
and two A two two A two. During the course
of today's program, Like I said, Larry kud Low gonna
join us also at one thirty Rachel Compost Duffy. I'm
up here in New York for the weekend, and I
(13:42):
am going to be guest hosting Fox and Friends Weekend
with Rachel Compost Duffy and with Charlie Hurt. Never done
this before. I'm excited to do it. I think it'll
be fun. I'm not excited to wake up at four
point thirty in the in the am tomorrow. So all
of that coming this way. If you're out there right now,
you get eight more hours of me if you want it.
(14:03):
You got fifteen hours this week on radio. You got
eight more hours of TV because it's a long show
six to ten am on Saturday and Sunday. I'll be
working every day this week. We'll keep you updated on that.
We'll keep you updated hopefully on buck and carry going forward.
In the meantime, countdown to next Tuesday. Tax Day is on.
If you're scrambling to finalize your tax return, you've only
(14:23):
got this weekend. Guess what I was responding to my
accountant last night. I was out to dinner. He's asking
questions about our tax return. What do you do if
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You can get help now. Call Rush Tax Resolution. They
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Get a free IRS transcript investigation Rush. Rush Tax Resolution
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Speaker 5 (15:30):
Making America Great Again isn't just one map, It's many.
The Team forty seven podcast Sundays at noon Eastern in
the Clay and Buck podcast Feed. Find it on the
iHeartRadio app or wherever you get your podcasts.
Speaker 1 (15:44):
Welcome back in play Travis Buck Sexton Show. Appreciate all
of you hanging out with us as we are rolling
into the weekend. Stock market calm today, nothing crazy going
on up a little bit. It seems again that we
have gotten a little bit of the universe out there
(16:07):
used to what is going on, and I wanted to
make sure that you also understand that they still have
the exact same playbook that they've been trying for a
decade now, and that decade worth of playbook is that
they are going to try to still tell you that
(16:28):
Donald Trump is hitler.
Speaker 6 (16:30):
Now.
Speaker 1 (16:30):
Yesterday we had a really good conversation I thought, and
I encourage you to go check it out with Douglas
Murray and he was talking about on democracies and death
cults and the overall impact of the lies that have
been told to so many of our school kids, and
the historical illiteracy that that breeds such that really there's
(16:54):
only one historical analogy that most people can even make,
and it is everything relates to World War two, and
Trump is Hitler. Whoever you don't like in politics is Hitler,
And you sit back and you recognize. For somebody like
me who's a history nerd and loves studying American history.
(17:17):
We're about to have the two hundred and fiftieth anniversary
of the country next year, a party, by the way,
that Trump is gonna throw and should be amazing. But
we've got two hundred and fifty years worth of American
history to go draw historical analogies from. Yet, by and large,
the only historical analogy that anybody can connect to is
(17:38):
World War Two. Everything that happens is seen through the
prism of World War Two. If you think about Ukraine,
what did they say, oh, Vladimir Putin is hitler? Really?
Is he going to really invade multiple European countries and
move beyond Ukraine and start a World war? That feels
very unlikely to me, particularly because he can't even take
(17:58):
over Ukraine just from a historical and in knowledge, the
blitz Greek was pretty effective, right. Hitler swept right through
Europe very rapidly, and the only reason that he didn't
take over Great Britain was because of the English Channel
and because of the incredible bravery of the average British
person to go rescue the British Army at Dunkirk, which
(18:22):
I would argue is maybe the coolest, maybe the most
impressive moment almost in Western history if you think about
saving Western civilization from the nazis the fact that they
got on the radio. Go study this. Nobody ever talks
about it, by and large, the fact that they got
(18:43):
on the radio and they said to everybody in England, Hey,
if you have a boat, can you go rescue the
British Army and they did it. The museum, I've had
the good fortune as a history nerd to be able
to go the Royal Museum in London focused on World
War Two, and I'm not sure exactly what the name
(19:05):
of that museum is. See if the team in there
can let me know what the name of that museum is,
because it is pretty incredible. There's the Churchill War Rooms,
which is one of the coolest history tours that I
think you can do. It looks the exact same. It's
where Winston Churchill was in London underground where they managed
the war, and they still have all the maps on
(19:26):
the walls. It looks the exact same. They basically left
there when they had the victory celebration and they have
recreated it. You can see the cots that Winston Churchill
was sleeping in. It's incredible, one of the coolest history
things you can do. I've talked about this before. I've
gotten to go to the battle fields all over France
where you can see and walk those beaches and see
(19:48):
still so many of the German pillboxes. It looks almost
identical to eighty years ago. But when you go to
that British Museum, they have some of the boats that
went out to go rescue British soldiers. Some of them
are basically rowboats. Everybody who had a boat just went
(20:10):
to Dunkirk and rescued the entirety of the British Army
to allow them to even continue that war. The expectation
was from Hitler's team, we're basically defeating not only the French,
but we are eliminating the entire British army. They were saved,
and then some of those same soldiers ended up coming
(20:32):
back across on the shore on D Day to come
back and liberate France. And so when you get to
see some of those boats, that's maybe the most incredible
thing that is out there, and it is just it's
an incredible experience to be able to go see that. Well,
they don't take any of the super positive lessons by
(20:54):
and large of Hey, this is what a country can
do when everybody comes together and everybody but he puts
their actual lives on the line to go get in
their private ships and frankly rowboats almost and go and
get some of these guys. And again you can see
the boats and you're like, man, I can't even believe
they were picking up soldiers in these guys were coming in.
(21:15):
That's how fearless they were to stand up. That's everybody
pulling together. That story doesn't get told very often. Instead,
what they try to say is okay, anybody who I
disagree with is Hitler. And we were talking with Douglas
Murray about this, and again, this is why historical literacy
matters and why I was glad to get to go
to Israel in December. Trump is more popular in Israel
(21:37):
than he is in Wyoming than he is in West Virginia,
which I believe were the two states that were the
most supportive of Trump in the most recent election. I
don't think Hitler would be super popular today in Israel, right,
So this is so historically illiterate on the analogy, but
also even in the modern day, Trump is probably the
(22:01):
most popular American president in our lives, in the actual
country of Israel, which is filled with tons of Jewish
people whose lives are on the line every single day
because of what happened on October seventh. But they are
still trying to make the argument, Hey, can we just
have a president who's not Hitler? I think it's important
(22:22):
for you to understand. They have one note and they
keep hitting it again and again. This is supposed to
be comedy. This is The Daily Show yesterday saying cut
twenty seven. Is it too much to ask for a
president who's not Hitler?
Speaker 4 (22:34):
Ninety five of these executive orders are about punishing people who.
Speaker 1 (22:38):
Are just disagree with him. So I'm fine with side
quest Trump, Okay, would.
Speaker 4 (22:43):
You go up to Hitler and be like, why are
you painting?
Speaker 1 (22:45):
You've got work to do. Is it too much to
ask for a president who's not Hitler?
Speaker 4 (22:52):
Yes, apparently it is, so just focus on the wins. Yes,
he's putting Dorothy's floor on a flight to El Salva. Okay,
but he's declared that anyone on the flight who asks
for a soda has to.
Speaker 1 (23:06):
Get a whole can. Okay, So Trump is Hitler. Ha ha,
Look how funny it is. The whole crowd roars. But
he's actually the most popular president in the history of Israel,
and the Jewish people there would vote for him by
margins that are similar to West Virginia and Wyoming. Isn't
that kind of a significant factor. And if we're going
(23:29):
to use only World War Two as the entire historical
record to try to analogize to everything, it reminds me
of when I was in school. Do you ever have
one friend or maybe multiple friends, or maybe it was
you who didn't do the actual school readings. You'd get
the old cliff notes, the spark notes, whatever is called.
(23:52):
Most of the time, I loved all. I'm a nerd.
I read all the books, you know, cover to cover.
I think I'd never skipped assigned reading because I love
to read nerd and I love history. I know nerd.
But I had a buddy who never read. He read
one book that we were assigned like the whole time
we were in school, and it was Lord of the Flies.
(24:14):
Remember the Lord of the Flies. And as a result,
because he had only read one book in his life,
he would analogize everything that happened to Lord of the Flies.
He had one pop culture book that he'd ever read.
Everything reminded him of what happened to Lord of the
Flies because he was so poorly read that he had
(24:35):
no other analogies to draw. That's Democrats with Trump. They're
so historically illiterate that they have such a lack of
foundational knowledge that no matter what happens, it draws them
back to Trump as Hitler. It is the black hole
from which they cannot escape. And yet that analogy is
(24:58):
completely broken. And the fact that has been going on
for a decade is maybe the most dishonest example of
how Trump has been covered. The fact that that is
where unceasingly, no matter what's going on, they eventually get
drawn back to the black hole of Trump is Hitler
(25:18):
because they're like my buddy who only read one book,
and therefore everything that he saw was something that happened
in Lord of the Flies. By the way, not a
bad book, but you should read more than one book,
and you should study more than one time in history.
There's two hundred and fifty years of America. But by
the way, you could make a historical analogy. I know
(25:39):
this is crazy to something that happened outside of the
United States of America, because the great great thing about
our country is, thankfully our founders were not historically illiterate.
The reason we have the government that we have today
is because they studied all of recorded history, saw all
(26:00):
the pratfalls, the errors that different countries had that were
when they were founded, and tried to build a framework
that would withstand the past challenges of time. They built
up on prior history to try to create something new.
So thankfully our founding fathers actually read more than one
(26:24):
book and actually were well versed on something other than
one particular aspect of history. But I do think it's
important when you hear that note getting hit again and again,
it's not only that it's untrue and unsound, it's that
also it is indicative of profound historical illiteracy, because the
actual study of that point in time is not the
(26:47):
lesson that's even being applied accurately. It's like my buddy
in school who read one book and everything reminded him
of Lord of the Flies. That's Democrats today. Look, if
you know a firearm. By the way, we're going to
take some calls. They're all loaded rolling in eight hundred
two two eight a two. We try to take calls
on Friday, and I've been trying to make sure that
we get some good economic experts to talk to you
(27:07):
about the terrafors. So Larry Kuvlow is going to join
us the top of the next hour. It will be
our third straight day, I believe, of economic experts in
the one pm hour for all of you out there
to make sure that you are on top of But
if you own a firearm, let me tell you about something.
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(27:29):
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(27:53):
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(28:15):
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why would you not do this? Why would you not
(29:23):
take advantage of this opportunity? Get signed up today USCCA
dot com slash Clay for the free guide, even if
you just want to know the law. When I did
clees back in the day continuing legal education, I once
spent an entire day at a gun range to study
the law of self defense. Good shoot, bad shoot. So
(29:46):
many of you out there probably are very interested in
what the law actually is in your respective states. Go
get this free guide, and I think get yourself some
security when it comes to legal representation at usc CCA
dot com slash Clay Free Guide. Educate yourself and then
protect yourself at USCCA dot com slash Clay.
Speaker 5 (30:11):
Peek out with the guys on the Sunday Hang with
Clay and Buck podcast, a new episode every Sunday. Find
it on the iheartapp or wherever you get your podcasts.
Speaker 1 (30:21):
Welcome back in Clay Travis Buck Sexton show. Rolling into
our number two. We are still awaiting official news on
Buck and Carrie's baby boy. For those of you just
joining us now, I'm solo with you yesterday, I was today,
I will be and maybe probably several days next week,
maybe beyond, as Buck and Carrie prepare to celebrate the
(30:44):
birth of their baby boy. We got noticed last night
that the process was underway and that they were optimistic
in the next twelve to eighteen hours that the baby
would be there. We'll see whether or not happens during
the show today. You can follow much more tweety me
last night. Like trust me, guys, I'm not holding out
on you. As soon as I know something, I will
(31:04):
let you know. As soon as we know the show accounts,
we'll let let you know. But we're not We're not
hiding from you. We'll give you the absolute latest. We're
joined now. I'm gonna be on his show a little
bit later this afternoon. He may not even know. I
don't know if he's seen the rundown a guest yet,
but I will be on with Larry Cudlow in the
Fox Business studios as we put a bow on what
(31:25):
has been another wild week of stock market action. And Larry,
we appreciate you coming on with us. This is the
third straight day. I believe that we have had major
economic breakdowns in the second hour of the show, which
doesn't happen all the time. We had an art laugher
a couple of days ago at this time Stephen Moore yesterday,
please to be joined by you now. And so, mister
(31:48):
Cudlow here, what would you say to this huge audience
out there that we should know as we sit here
on Friday, and the trade war between the United States
and Canada. You know, in the in term of like
hockey fight, both sides have thrown down the gloves, right,
We've got the stair doown going on. The punches are
being thrown.
Speaker 6 (32:08):
Well, Clay, it really is. It's if you're looking for
a trade war, I guess it's China US. The Canadian
part is pretty quiet right now. In fact, right Canada
and their new prime minister what's his name, Mark Carney.
(32:31):
I know the guy, he's the central banker. He is
you want to do a deal with Trump? He wants
to do a deal. So that's not the issue. But
look what I think you know, the major point here
is Trump is waging war and fighting back against unfair
trading policies and rules over the past many decades, probably
(32:56):
have to go into the mid to late nineties. And
the key point is, first of all, China was allowed
most Favored Nations, uh. And that meant that, you know,
we we could trade with them without any legal constraints.
(33:17):
And then they ended the World Trade Organization WTO and
I believe the year two thousand. All right, and so
what did they do? They basically had very high tariffs,
much higher than ours. Okay, I mean their average TARP
rate was thirty forty percent United States two and a
(33:38):
half percent two point seven. That disadvantage to us was it?
You know, that means we can't sell to them because
their tariffs are so high and they price out our goods.
But they loved to sell to us and with cheap goods.
Speaker 5 (33:56):
Uh.
Speaker 6 (33:56):
Their government, you know it's a communist country. Their government
that subsidizes all production and wages, so they keep the
wages low, they keep the production low because all government subsidized.
So they're selling cheap stuff to us, and we have
virtually no tariffs. We can't and we can't sell to
(34:18):
them because they have a high tariff, right, And what
that did their cheap goods, which went on for twenty
five years, did great damage to America's heartland manufacturing and
automobiles and steel and you know, you name it, and
the results show that. I mean, we lost hundreds of
(34:41):
thousands of factories closed, We lost jobs. So that had
to stop, all right. And the fact is also, you know,
it's not just China. For heaven's sakes. You go around
the world. You look at the EU high taps, and
you know what Trump calls correctly non terror our barriers,
which means regulations like they can't buy the European Union
(35:05):
won't buy a lot of our food because they have
all kinds of crazy regulations on food. Okay, so that's
a non terra barrier. Or for example, right now, our
social media companies, our faced in our in our techie companies,
they're trying to put a tax on any internet service companies. Okay,
(35:29):
so that you know that has to change. It's a
it's an unequal position, it's not a level playing field,
and it's done damage to our economy. Trump is exactly
right here. Now, it's a hard thing to do. I
get that, uh, And I think his shock therapy a
(35:49):
week ago or ten days ago, did shocked at financial
markets and probably shocked a lot of ordinary folks. You know,
wake up call. Liberal media is trying to kill him
with it. I'm trying to defend them, all of the
bunch of people. I think he's doing the right And
you know, the most recent point yesterday, two days ago,
(36:14):
he declared a ninety day pause on the tariffs that
we would be charging other countries. He raised those charges,
but he did it because seventy seventy five countries came
to him and Scott bestin the Treasury Secretary, in Jamison Greer,
(36:34):
the trade representative, and said, no, we want to do business.
We don't want to pay these tariffs. We want to
do business. We want to level the playing field. We
want to make a deal. All right, and right now
there's a bunch of very hot deals on the front burner,
Vietnam and Taiwan and South Korea and India front burnt
(37:01):
Argentina is another one. Even the European Union talked about
zero tariffs on all goods. That won't be sufficient because
of their non tara Perry's But the point is they
came to us. They didn't go to China. They came
to US, and so Trump suspended his tariff charges, reciprocal
taroft charges, and we're gonna make deals. And it's a
(37:24):
very good thing. It's not easy to do.
Speaker 7 (37:28):
You know.
Speaker 6 (37:29):
Maybe it could have been handled a little better, a
little maybe a little more gradual, but I don't really
feel like second guessing them. Trump's a very good negotiator
after that, you know, after that shock and awe, what
did he call it? Liberation Day? I mean, all these
countries came to us, all right, they didn't go to
(37:49):
China want to deal with us.
Speaker 1 (37:52):
Talking to Larry Cudlow here, you can watch them on
Fox Business. I'll be on with him later this evening
in the Fox studios. What does a six as full
trade policy with China look like to you? Let's pretend
you were a mediator. I know you're obviously skewed in
favor of the United States, but let's pretend you were
hired as a mediator. You're very knowledgeable economically, and your
(38:13):
job was to bring a solution to the United States
and China. What does fair trade policy with China actually
look like?
Speaker 6 (38:20):
If I were a China mediator, I'd probably resign and
look for another job. That's what I'd have to do.
Speaker 1 (38:29):
But what does a successful trade package look like in
terms of if we could finally get a resolution, what
would it look like? From your pursuit?
Speaker 6 (38:38):
I was on the China trade team yep, in the
first term. Okay, I spent two years, all right. Our
team leader was Robert Lighte has your bob, who, by
the way, is a genius on this stuff, Steve Mnusian.
Then the tragedy secretary was handling the financial companies. I
(39:04):
was any C director Wilbur Ross with Commerce Secretary. Wilber
was on the show last night. He and I handled
the commodity section. We had a huge We spent almost
two years. We made a deal was you know, China
Trade Deal Phase one and was signed in early January
(39:25):
of twenty twenty, and it included provisions to stop intellectual
property sects, to allow American companies to operate in China
as American run companies, not Chinese run companies, so the
FCED technology transfer would go away. Anyway, we did this
(39:50):
whole deal and they did not implement any of it.
And then, of course in January of twenty twenty, China
already knew that they were stuck with this COVID disease,
this COVID virus, and they tried to cover it up,
(40:11):
and we learned in the next there are always rumors,
and we learned in literally the next couple of weeks
in January, that China was suffering from a countrywide virus.
And then of course the rest is history. Now they
say they didn't implement the deal because of covid. Okay,
but COVID has been gone for a couple of years
(40:34):
and China has not come back to the deal. So
I'm saying to you, it's always possible that we could
go back and work through commodities, financial companies, insurance companies,
intellectual property sets, force transfer of technology, American ownership, lower tariffs,
(40:58):
get your tariffs down, along with all the non terrafies.
It's possible we could go back and conduct a China deal,
you know, Phase two, all right, It's possible. It would
look a lot like Phase one. They'd have to change
their laws, which they never did. By the way, part
of that deal was stop producing the parts for ventanol
(41:21):
and other drugs. They promised they would do that in
dinner in blennis Aires in Argentina. I was there as
a g twenty meeting US China. The first question Trump
asked she was, will you stop producing fentanyl? And would
might you put a capital punishment on people producing fentanyl?
(41:44):
And she without batting, and I said yes, we will
do that, And of course he lied through his teeth.
Speaker 5 (41:50):
Right.
Speaker 6 (41:51):
This was This was in I don't know, probably late
sometime in late twenty nineteen.
Speaker 1 (42:00):
This is all all great detail. What do you think
we know kind of because you know Trump, well, we
kind of have a sense how Trump is responding. What
do you think Chairman Dise's advisors are telling him right
now in China? How much do you think they are
panicked about where we are right now? How would you
assess leverage negotiating ability here visa the US and China.
Speaker 6 (42:25):
Look, the reality in the economy is the United States
with a tariff of one hundred and forty five percent,
the United States is no longer a customer of cheap
China goods. Yep, period, full stop. Okay. That will ruin
(42:47):
an economy that's still reeling from a real estate collapse
bust that happened a couple of years ago, and they
still haven't more coach from out the thing about she
is he has economic advisors. By the way, I knew
some of them because we worked well, and a couple
(43:07):
of them were pretty good reformers on my end. But
she doesn't listen to them. You talk to people as
I have, who are still operating, Americans who are still
operating in China, particularly the insurance industry, which has a
long history in China, American American owns. Okay, they will
(43:28):
tell you that she's inking. Is not just the head
of the Communist Party. He views himself as as an emperor.
As an emperor. They're running pictures and clips of Mau
say Tung right now. I don't know if you've seen
any of this stuff, one of the all time great
killers in humanity. She thinks he's emperor, all right, and
(43:51):
he's running the show, and if you don't do what
he wants, you're out. And so I think it's almost
impossible at this point they may be brought to their
knees on economic ground. They still have a very strong military.
They're pouring money into the military, as I'm sure you know,
you know they they had military exercises circling Taiwan. The
(44:15):
minute Pete Hegseth left after his meetings in Taiwan. So
the military side is very difficult, and that goes along
with the economic side. So I'm not optimistic about this.
But the here's the point. We don't need them. We
don't need them, Okay. I know there's supply chains that
have to be altered. I get that. But Vietnam, which
(44:38):
is a communist country, is become an American ally. They
want to make a deal and they can produce the
same goods that China did. Malaysia the same story, Cambodia
the same story, India the same story, Korea the same story,
Taiwan the same story. It's not like transshipping anymore, where
(45:01):
China would use another country to get around to Terra.
They're doing it themselves now. They've grown up, their economies
have grown up. So I don't think we need them.
And I think that she has gotten boxed in. Trump
completely out boxed them on this. China has nowhere to
turn now, I'm reading in the papers, and she is
(45:22):
going to Europe, okay, to try to bring them on
his side. They won't because they suffered the same problem.
China sends cheap goods, cheap cars, undercutting everybody. Mercedes been
into Europe, and Europe is sick of it. And Europe
is talking about tariffs on China, even Mexico. All right,
(45:42):
China used Mexico to transship well fentanyl for one thing,
but also automobile parts and so forth. Mexico is slapping
tariffs on China. So China can do and go wherever
they want. But right now they're at the short end
of the stick. Trump knows this right, and he will
cheap tighten the news around China.
Speaker 1 (46:04):
You watch you, wait and see Larry Kudlow. I will
see you in a little bit in the Fox Business studios.
Keep up the good work.
Speaker 6 (46:12):
Appreciate the time today, you got it anytime, take care
of See you later by Butte.
Speaker 1 (46:16):
Yeah, for sure, I will see Larry Kudley put on
Fox Business. You'll see us in the same studio here
in a little bit here in America. We can't imagine
living under the constant threat of terrorism and rocket attacks.
In Israel, it's a way of life. Parents taking their
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or they rushed to the nearest bomb shelter. In fact,
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(46:39):
safe except for the terrorism. Think about that for a moment. Recently,
missile attacks from Huti's Hasbala and Hamas Forrest's have started
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Speaker 8 (47:25):
Stories of Freedom, Stories of America, inspirational stories that you
unite us all.
Speaker 1 (47:31):
Each day, spend time with Clay and buy.
Speaker 8 (47:35):
Find them on the free iHeartRadio app or wherever you
get your podcasts.
Speaker 1 (47:39):
We are joined now by the weekend host of Fox
and Friends, Rachel compost Duffy. I'm going to be on
with her for eight hours this weekend, and Rachel I
thought that since I have not been on the show
as anything other than a guest before that you should
come on and tell the audience what I should do
(48:00):
to avoid unmitigated disaster. And thank you also for coming
on with us. You did this show and have done
this show for quite some time with Will Caine and
Pete Hegseth and now you've got Charlie Hurt and you've
got a rotating collection a guest host. So what should
I know?
Speaker 7 (48:16):
Well, first of all, Pete hegg Seth held my hand
when I was getting my two legs on the show,
and Ainsley Earhart sent me really great advice. So I'm
going should I just lay it out?
Speaker 1 (48:28):
Just lay it out, and then, by the way, for
people who don't know, to reinforce if you haven't gotten
enough time with me already. This week, I'll be on
for four hours on Saturday and four hours for Sunday
with Rachel and Charlie Hurt. All right, so what advice
did you get?
Speaker 7 (48:43):
Okay? So well here's the deal. First, you got to
get a good night's sleep. Yeah, it took me a
long time to figure out that the best prep for
this show is sweep. It's really because it's four hours.
It's a marathon. Your brain has to be firing up,
especially when you have an amazing co hosts like Charlie
or when I had Will and Pete. These are sharp
people and you gotta you've gotta be ready to go.
(49:06):
So sweet. Well, okay, take your magnesium, get a good
night sleep, get in there early, get your hair and
makeup done, you know how to do that, and then
come with an appetite because this week and we have
several awesome food segments, so we eat a lot. We
(49:28):
don't think that we eat. We we don't just eat.
We often order breakfast or then eat what we're doing
on the segment. So it's an eating show. So bring
your appetite. You're gonna get an eat packet in the morning,
which is like you know, we have these awesome producers
that amalgamate all the all the news of the day
or and the best stuff that happened the night before
(49:49):
in terms of clips, and so you're going to read that.
I read it on my way into the office. Is
at about an hour drive in in the morning. You'll
probably had a hotel nearby, So take your time read
that and then just sit down and enjoy the show.
You know, Tuck Carlton used to do the weekend Boston
Friends show, and he would often say that, you know,
(50:10):
he didn't like to prep He just likes to see
it unfold. And I have done shows like that and
I like it too. So there's a couple of ways
ways to do it. You can prep for your segments,
or you can just watch it unfold before you.
Speaker 1 (50:24):
Okay, we got a bunch. I'm going to dive into
this in a sec. But you were instrumental. I believe
in getting Buck and Carrie together. Buck is out right
now because Carrie is having their first ever baby. You've
had a few babies yourself. Do you want to take
a bow for helping them to get together?
Speaker 7 (50:42):
I absolutely will. I am a perennial, hopeless matchmaker, and
I often bring up those two when I brag about
my my my efforts and my success. I believe the
best relationships these days are not through apps, but through
people who know you and bring you together, and people
(51:05):
who advite you on like what is a great mate
because they have one themselves. And so I did have
those conversations with her and Lacery, and I think that
she took my advice and Buck had all the right
qualities and she was smart and she jumped on it.
Speaker 1 (51:25):
And now they're having a baby. So like you're helping
to make the world's population grow in addition to all
the kids that you and your husband, Sean have brought
into the world. Let me ask you about this. What's
it like to be married to a member of the cabinet?
How has that been going for you and your family?
I actually saw your husband on Air Force one, which
is kind of a cool place to run into somebody.
(51:45):
He was coming back up for the weekend. But what's
that been like? I mean, you guys have done television
for a long time, You've done media for a long time.
I know he has the background in Congress too, But
what has been a member of the Trump cabinet been
like for you and your family?
Speaker 7 (51:58):
Well? It is different. You know when you call your
husband here like I need to tell that there's a
leak in the bostic, Like I'm about to enter the
tabinet meeting, and I forget that he's doing that. So
there's that. I think one of the hard parts is
we never get alone time. And what I need by that,
Clay is he now has secret, a secret service detail.
(52:21):
It's not as large as Peach, for example, but he
is surrounded at all times, you know, whether he's in
the car or you know, wherever, and so I just
feel like we don't we can't have these open, honest,
you know kind of conversations we normally have because people
are around and we're just used to having our own
privacy like that every couple does, and so that's really
(52:44):
hard for me. I can't when he gets and then
he comes in the door and I like want to
grab him because I have like thirty things I want
to tell him, and then the kids also want to
grab them and talk to him about what happened. And
so it's just there's just not enough. There's not enough
Sean to go around Clay. I.
Speaker 1 (52:59):
I mean, that's got to be kind of wild, right,
Do you text I remember reading before that people had
secret service details, they didn't want to disagree necessarily in
front of the secret service details, so they would like
and this is in the last decade or so, as
people text message, do you text message?
Speaker 5 (53:13):
Like?
Speaker 1 (53:15):
I think I remember reading that that was the way
that they would have a conversation. Because my wife is
always like, you know, we're traveling or something. She's mad
at me about something. She's like, I don't want to
get mad because you because we're at the airport and
somebody's going to see it and everything else. What's it
like to have like a secret service agent kind of
around all the time.
Speaker 7 (53:31):
So I've been in the car with Sean and I
want to tone something personal and I'm we're literally in
sitting next to each other texting each other. Yes, but
also I'm Latin and really hot, like I run hot,
you know, and so like I will text him stuff
and he'll be like, and this even happened before he
was in in the cabinet, and you know, we know
(53:53):
all of our you know, you me, Sean, we are
targets of you know, the diligence agencies under the Biden administration.
So Sean would text Baco, really, Rachel, is that what
you want the FBI to know about us? So text
fighting sometimes I can't resist, and he always gives me
(54:14):
that reminder that you know, there is nothing private anymore,
which is really sad. I wish we lived in a
little bit more privacy.
Speaker 1 (54:20):
No doubt. I mean I've joked about that with my wife.
I'm like, you really want China.
Speaker 7 (54:23):
Knowing this because I just China is fighting.
Speaker 1 (54:27):
Well yeah, that's probably true too, but I've just presumed
my phone's been hacked by China for years. So tomorrow
we're gonna be live six to ten. You talked about
the big takeaways for people. I imagine that it's a
great question. What percentage of the audience right now has
never watched Fox and Friends. I would think almost everybody
(54:47):
has watched Fox and Friends Weekend that's listening to us
right now, But let's pretend they have not. What time
do you what do you hope that a viewer would
get from Fox and Friends Weekend. I'm going to be
on the next couple of days, but you've been doing
this for a while. Now, what's your goal from six
to ten am? What do you hope people take away
from the show?
Speaker 7 (55:07):
Friends?
Speaker 1 (55:08):
Yeah?
Speaker 7 (55:08):
I mean that's the real thing, Like we are all
really friends, and I think people follow that. When Pete
was going through the transition process and they were being
really mean to him and unnecessarily evil, and Will and
I were like, you know, because we really do love
each other. And I feel the same way about Charlie,
and you're our friends, and so I think, you know,
(55:30):
we're just gonnat. People will tune in and they'll see
friends hanging out having coffee and they just feel like
they're I mean, that's what people say, I feel like
I know you. And to me, it's the highest compliment
because it means they get up in the morning, they're
in their pjs or pouring their coffee, they're making their pancakes,
and they're with us as we go through the morning
and we do everything. You know, we'll do a really
hard you know, economic segment, you know, on sheriffs, and
(55:52):
then you know, we're eating hot dogs, you know, or
we're you know, there's puppies on the set, and so
it's a really fun show that moves, you know, and
every single direction, and you're just gonna love it. Clay,
You're you're like the perfect personality for it. We're so
excited to have you. So bring your game, bring your
sleep you know, sleep tight, and I think we're just
(56:14):
going to go in for a right. I think people,
if you haven't watched it, you should tune in because
it's a it's a great fun show. You'll get opinions, news,
you know, tips on your life, tips on what to
do it's your home foo food segments. It's just got everything.
You know what Will Caine used to call it clay,
He called it sad and Will Caine is actually much
(56:37):
more Latin than people know the fact that he had
that reference. That's a Saturday variety show that was also
like four or five hours long on Telemundo, and so
it's a little bit like an English version of sav
So bring your Latin game too, play man.
Speaker 1 (56:53):
I'm awful of accent, says everybody who's listening right now.
Well knows, okay, So last question for you. You just
we talked about the fact that you got can carry together.
I believe you have seven kids. We have obviously a
lot of people out ye now, oh my goodness. Well
I'm glad I got that fixed before television. All right,
what advice would you have because we'll clip this and
(57:13):
we'll share it for Buck and Carrie. You've been through
this so many times, now, what advice would you have
for new parents? I've got three, my wife and I
obviously you've got nine, so you've been through this a
ton of times. What advice would you have for new
parents out there?
Speaker 7 (57:30):
I always tell new parents that the first one is
the hardest, and it is the first one. So don't
don't stop because it was hard, because the first one
is the hardest. It interferes with like I mean, it's
just your whole like freedom thing like ends right, and
that's a hard adjustment. And you're learning how to do
things with a baby for the first time and how
(57:52):
to figure them out. Once you get past three, it's
so easy. It's rate And you know, obviously every kid
has challenges everything. You know, nothing's ever perfect, but as
far as the baby phase, that gets easier. And I
would say this, this is the best advice I ever
(58:13):
got Claive and I give this to every single mom
I talked to, and they always want to ask me
about how many they should have, and how do I
have so many? I have a lot because I'm Catholic,
I'm Hispanic and Catholic, and Sean is Irish and Catholic,
and the number just happens. But the best advice is,
don't plan how many you want right now. Don't think about,
(58:36):
oh my god, I'm gonna go into diapers right now.
Think give yourself a pause and think twenty years forward.
How many do you want? Around the Thanksgiving cable.
Speaker 1 (58:47):
That's great advice. That's great. That's how we ended up
with three. My wife was like not. I managed to
convince her to go for three, and I think she
would say that that's the best decision. She's mad, So
I think that is great advice. Rachel. I can't wait
to hang out with you for four hours tomorrow and
four hours and Sunday. I'm gonna do my best to
(59:09):
get my sleep and be bright eyed and bushy tailed,
and it should be a lot of fun.
Speaker 7 (59:13):
Wear your sleep mask tonight.
Speaker 1 (59:15):
I don't even know what that is, but I think
I'm in trouble. No matter what I'm gonna be. Uh,
it's gonna be hard to fall asleep because I'm gonna
be excited. But I can't wait. It's gonna be fun.
Speaker 7 (59:25):
You got it all right.
Speaker 1 (59:27):
Think that is Rachel compost Duffy. Thanks to her for
helping you get buck and carry together, and you'll be
able to hang out with us on Saturday and Sunday
if you so desire. As you wake up and you
have your Crockett coffee in the morning, use Codebook. You
get an autograph copy of my most recent book, and
go to Crocket Coffee dot com. And we also want you.
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Speaker 8 (01:01:02):
Stories of Freedom, stories of America, Inspirational stories that you
unite us all each day.
Speaker 1 (01:01:09):
Spend time with Clay and Buck.
Speaker 8 (01:01:11):
Find them on the free iHeartRadio app or wherever you
get your podcasts.
Welcome in Friday edition. Clay Travis, Buck Sexton Show. Appreciate
all of you hanging out with us as we are
rolling into the weekend to give you the absolute latest
on everything. Since we now cover the stock market on
a daily basis, let me give you the latest. It's
not moving very much today, essentially unmoved in general, s
(00:25):
and p up a little bit. The Dow is up
a little bit. Not movement very much. If if you
listen to Jim Kramer and sold all your stocks, you
made an awful decision. Because of the week in stocks
has actually been good. China has raised tariffs a bit
more on American goods, but basically sends the notice that
(00:47):
they will not be raising goods anymore. There is talk
that there will be further discussion between China and the
United States going forward. That is the latest in trade
wars and Buck news. Buck texted us trying to not
bother Buck and carry. Buck texted us yesterday that things
(01:08):
were going well but that the process of beginning the
induction might take twelve to eighteen hours. That is, I've
been through this a little bit and I'm inevitably gonna
screw this up. But with my wife on the three
different deliveries that we have had. My recollection, and I
(01:29):
know I'm going to get flooded with obgyn messages here.
My recollection is that there is a drug called pitussin
that is designed to gradually move a baby towards delivery.
This is my recollection in between complaining about the Wi Fi,
as my wife pointed out in the delivery room, and
in between not being happy with the television selections because
(01:53):
I couldn't find the games that I wanted to watch. Again,
my wife called in and gave her recollections of our
first baby being born. And that's too, the things that
she remembers. And honestly, the WiFi should work in the hospital.
Let's be honest in my defense, and why would you
not have basic sports television stations on cable? But you know,
it wasn't really about me. Babies are happy and healthy.
(02:13):
But I do remember my wife's water broke two weeks
early in the middle of the night, and we went
in early in the morning, and I believe they put
putussen on and that is what slowly moves you towards
the late labor process. I give you that update because
we have been deluged with so many of you saying, Hey,
(02:33):
what's the latest, what's the latest, what's the latest? That
is the latest? That was yesterday evening. We've not gotten
an update today. I am solo with you here. Probably
gonna be solo with you quite a bit next week,
I would imagine, because the baby boy has not yet
arrived so far as we know. I have got my
phone on trying not to bother Buck and carry. Buck
(02:54):
did say that his is very funny. Buck did say
that his blow up match was working well, which is
one of the most ridiculous decisions that I've heard anybody.
He was not confident enough in the couch in the
delivery room, so Buck took in his own blow up
mattress and has been sitting off to the side blowing
up the mattress. I presume that he slept on it
(03:16):
last night. And we will continue to give you updates
on how all of that is going. But newest news
that is out there is we got more inflation reads
this morning, which suggests that inflation is continuing to come down,
not just come down from the nine percent that Joe
(03:38):
Biden took us to, but actually come down, meaning the
goods out there in the United States are costing less.
That is a very very good sign because it means
that your dollars go further. It also means that the
Fed actually has some evidence that they could lower rates
(03:58):
even further after they had to skyrocket the rates to
try to deal with the nine percent nine percent inflation
rate that Joe Biden put in place, which necessitated one
of the most rapid rises in interest rates in the
modern history of the United States. So now what's interesting
(04:20):
is we kind of got a little bit of a pause.
The market seem to have adjusted to the United States
versus China trade war. We have new talking points that
are now coming out. And by the way, China has
taken tariffs to one hundred and twenty five percent. United
States has tariffs of one hundred and forty five percent. Basically,
(04:43):
we have had a lot of economic experts on to
talk with you Stephen Moore. Yesterday, the day before that,
we talked with Art Laffer. We are going to talk
with Larry Kudlow at about an hour from now at
the top of the second hour of the program. Many
of you watch his show cud Low on Fox Business.
(05:03):
He is a former high level Trump Economic Advisor, and
he will be on with us at one to talk
about the absolute latest there. There are reports that there
may be telephone calls between Trump and Chinese Premiere Z,
the leader there. We will keep you updated on that.
(05:24):
But what's important to know is the pivot has really happened,
and the pivot has happened now where they are trying
to argue despite all evidence to the contrary, that Trump's
trade war is already costing you more in terms of
the goods that you are buying. And I just think
it's important to understand what the talking points so that
(05:47):
you can push back against this again. Double inflation readings
early days of the Trump administration, the cost of goods, groceries, gas,
all of that is coming down. Eggs. Everybody wanted to
talk about eggs for a little while. Here is Jasmine Crockett,
who has become, unfortunately for Democrats, one of the chief
(06:08):
spokespeople of the Democrat Party right now saying cut twenty one.
You can't afford your home groceries. What is she saying,
because there's deportations that are happening again, this is cut
twenty two. This is absolutely unintelligible.
Speaker 2 (06:26):
Listen We've got to do better to connect the dots
and let people know the reason you can't afford a
home is because of these filled immigration policies. The reason
you're not going to be able to affords your food
is because of these filled immigration policies. And the same
ting goal for the hospitality industries, where we have so
many of those in the hospitality industry that are saying
(06:47):
they do not have the workers that they need right now.
Speaker 1 (06:50):
All right, So the talking point now is not only
the trade issues, right, it is that Trump being focused
on illegal immigrant is actually creating the cost increase which
doesn't actually exist at all, because the data reflects that
the cost of goods is actually declining. Okay, so this
(07:13):
is interesting, Jasmine Crockett, to me, is a great example
of how the Democrat Party has become broken in the
way that they talked to so many Americans out there.
And we discussed this yesterday when we had the Anderson
Cooper town hall with Bernie Sanders and they had that attorney,
(07:34):
the woman stand up and Anderson Cooper referred to her
as she, and she said, actually, it's they them, and
then she led into her next question, which was why
do men not support the Democrat Party, which was too perfect.
That was like they were trying to give us in
one talk back moment why they have collapsed. This is
(07:55):
also interesting. We've talked about this sum Jasmine Crockett is
a Houston, Texas area congresswoman. I believe maybe it was Dallas.
She's from Texas. She actually went to super elite private schools.
Her private school cost over thirty thousand dollars a year.
Right now, this is someone that went to a school
(08:15):
that you, most of you could never afford to send
your kids to. I'm a K through twelve public school kid.
I couldn't have gone to a school like this when
I was growing up. Here she is saying, Hey, I
really appreciate the sacrifices my parents made and how they
pushed me as a kid, and how they put me
in how they put me in great schools. Imagine if
(08:37):
this was the message instead of hey, all of the
lies Trump is hitler. It's just interesting to hear what
Democrats said back before they went insane. And I wanted
to play this for you because I think it's emblematic
of the era that we're in where Jasmine Crockett has
to appear dumber, poor, least, or less articulate than she
(09:00):
actually is in her mind to appeal to the Democrat base.
Listen to Cut twenty three.
Speaker 3 (09:06):
My parents worked multiple jobs, and I went to public
school until the sixth grade, and then there were some
problems with like the junior high, and they were very concerned,
so they got additional jobs and they worked to put
me into private school. So I was in private school
until I graduated at high school. And it's interesting that
(09:26):
my mom says that because she was one of those
people that I didn't get to rest right.
Speaker 4 (09:32):
Like.
Speaker 3 (09:33):
It wasn't a matter of go to school and maybe
play some video games and maybe go outside. It was
you know, you've got to do Dell teens. You've got
to be active in inroads, you've got to do upward bound,
you've got to do my like the list goes on
and on and on, junior achievement of all the things
that she had me doing. And I'm so appreciative to
(09:55):
her now. I was very tired when I was young.
Speaker 1 (10:00):
Like this Jasmine Crocket, I like Jasmin Crockett's parents. Imagine
if that was Jasmine Crockett's message, and that was the
Democrat party's message. Imagine if she went out and she said, Hey,
the reason I'm successful is because my mom and dad
busted their asses to put me in the best possible
school that I could go to, because the local public
(10:23):
school that I was going to was not taking me
to the best place where I could go. Imagine if
that was her message. Imagine if her message was we
got to buckle down. People have to work. Sometimes two jobs,
three jobs, jump around from one place to another. Mom
and dad may both have to work in order to
(10:43):
give the best opportunity to their kids. That's something with
that connects with all of you out there. And even
with that said, a lot of you couldn't afford the
private school that Jasmine Crockett got the privilege of going
to to get the education that she did. But the
aspirational nature of her parents, the fact that they made
(11:06):
her work her ass off and made her into someone
who could be elected a congresswoman one day, that's something
that has appeal. Why isn't that the Democrat message? Think
about how lost they are that Jasmine Crockett, who went
to private school in an elite private school from six
(11:28):
to twelfth grade and then went off to college because
of it. Now Phil's compelled to talk to her Texas
constituents like she doesn't have an education at all. What
does that say about the Democrat Party? What does it
say when you have to appear dumber than you are
in public and you rarely share the real story of
(11:51):
your life because you're convinced it doesn't connect with the
constituency you're trying to speak to. That's not good whatever
position you have. If you ever have to appear dumber
than you are in order to get somewhere, that's not
something you should aspire to do. And by the way,
(12:12):
getting on my soapbox. If you're ever in a relationship
with someone where you feel compelled, whether it's a friend,
whether it's a boyfriend girlfriend, where you feel compelled to
act like a dumber version of yourself to fit in,
you don't need to be there, and it's not very
good for you. That's the Democrat Party writ large. How
(12:35):
many of you knew that about Jasmine Crockett? How many
of you are aware of her background in any way?
I'd like to get Jasmine Crockett's parents on the show.
Are they proud of the language that she has adopted?
Maybe just because she's their daughter. But I don't know
(12:58):
based on the way that they raised her, it doesn't
sound like she's living by the values that they created
in her. It doesn't sound like she's espousing the same
American dream that they had for her. I just think
it's so interesting what democrats choose to focus on when
(13:22):
they actually tell their stories, and sometimes how incredibly dishonest
it actually is. Take some of your calls eight hundred
and two A two two A two. During the course
of today's program, Like I said, Larry kud Low gonna
join us also at one thirty Rachel Compost Duffy. I'm
up here in New York for the weekend, and I
(13:42):
am going to be guest hosting Fox and Friends Weekend
with Rachel Compost Duffy and with Charlie Hurt. Never done
this before. I'm excited to do it. I think it'll
be fun. I'm not excited to wake up at four
point thirty in the in the am tomorrow. So all
of that coming this way. If you're out there right now,
you get eight more hours of me if you want it.
(14:03):
You got fifteen hours this week on radio. You got
eight more hours of TV because it's a long show
six to ten am on Saturday and Sunday. I'll be
working every day this week. We'll keep you updated on that.
We'll keep you updated hopefully on buck and carry going forward.
In the meantime, countdown to next Tuesday. Tax Day is on.
If you're scrambling to finalize your tax return, you've only
(14:23):
got this weekend. Guess what I was responding to my
accountant last night. I was out to dinner. He's asking
questions about our tax return. What do you do if
you have years of missing returns or you already owe
back taxes. You don't know how to approach the IRS.
You can get help now. Call Rush Tax Resolution. They
can help resolve your issues. Every day you wait, IRS
(14:44):
threat will grow, seizing your assets, garnishing your paycheck, targeting
your businesses over payroll taxes, even revoking your passport. Don't
let it happen. Call Rush Tax Resolution eight seven seven
five five four Rush. Tell them Clay you to call.
Get a free IRS transcript investigation Rush. Rush Tax Resolution
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is the name many of our listeners have been helped.
Their tax nightmares thankfully are over for good. Rush Tax
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call now eight seven seven five five four Rush. That's
eight seven seven five five four Rush. You can also
go online to Rush Tax Resolution dot com.
Speaker 5 (15:30):
Making America Great Again isn't just one map, It's many.
The Team forty seven podcast Sundays at noon Eastern in
the Clay and Buck podcast Feed. Find it on the
iHeartRadio app or wherever you get your podcasts.
Speaker 1 (15:44):
Welcome back in play Travis Buck Sexton Show. Appreciate all
of you hanging out with us as we are rolling
into the weekend. Stock market calm today, nothing crazy going
on up a little bit. It seems again that we
have gotten a little bit of the universe out there
(16:07):
used to what is going on, and I wanted to
make sure that you also understand that they still have
the exact same playbook that they've been trying for a
decade now, and that decade worth of playbook is that
they are going to try to still tell you that
(16:28):
Donald Trump is hitler.
Speaker 6 (16:30):
Now.
Speaker 1 (16:30):
Yesterday we had a really good conversation I thought, and
I encourage you to go check it out with Douglas
Murray and he was talking about on democracies and death
cults and the overall impact of the lies that have
been told to so many of our school kids, and
the historical illiteracy that that breeds such that really there's
(16:54):
only one historical analogy that most people can even make,
and it is everything relates to World War two, and
Trump is Hitler. Whoever you don't like in politics is Hitler,
And you sit back and you recognize. For somebody like
me who's a history nerd and loves studying American history.
(17:17):
We're about to have the two hundred and fiftieth anniversary
of the country next year, a party, by the way,
that Trump is gonna throw and should be amazing. But
we've got two hundred and fifty years worth of American
history to go draw historical analogies from. Yet, by and large,
the only historical analogy that anybody can connect to is
(17:38):
World War Two. Everything that happens is seen through the
prism of World War Two. If you think about Ukraine,
what did they say, oh, Vladimir Putin is hitler? Really?
Is he going to really invade multiple European countries and
move beyond Ukraine and start a World war? That feels
very unlikely to me, particularly because he can't even take
(17:58):
over Ukraine just from a historical and in knowledge, the
blitz Greek was pretty effective, right. Hitler swept right through
Europe very rapidly, and the only reason that he didn't
take over Great Britain was because of the English Channel
and because of the incredible bravery of the average British
person to go rescue the British Army at Dunkirk, which
(18:22):
I would argue is maybe the coolest, maybe the most
impressive moment almost in Western history if you think about
saving Western civilization from the nazis the fact that they
got on the radio. Go study this. Nobody ever talks
about it, by and large, the fact that they got
(18:43):
on the radio and they said to everybody in England, Hey,
if you have a boat, can you go rescue the
British Army and they did it. The museum, I've had
the good fortune as a history nerd to be able
to go the Royal Museum in London focused on World
War Two, and I'm not sure exactly what the name
(19:05):
of that museum is. See if the team in there
can let me know what the name of that museum is,
because it is pretty incredible. There's the Churchill War Rooms,
which is one of the coolest history tours that I
think you can do. It looks the exact same. It's
where Winston Churchill was in London underground where they managed
the war, and they still have all the maps on
(19:26):
the walls. It looks the exact same. They basically left
there when they had the victory celebration and they have
recreated it. You can see the cots that Winston Churchill
was sleeping in. It's incredible, one of the coolest history
things you can do. I've talked about this before. I've
gotten to go to the battle fields all over France
where you can see and walk those beaches and see
(19:48):
still so many of the German pillboxes. It looks almost
identical to eighty years ago. But when you go to
that British Museum, they have some of the boats that
went out to go rescue British soldiers. Some of them
are basically rowboats. Everybody who had a boat just went
(20:10):
to Dunkirk and rescued the entirety of the British Army
to allow them to even continue that war. The expectation
was from Hitler's team, we're basically defeating not only the French,
but we are eliminating the entire British army. They were saved,
and then some of those same soldiers ended up coming
(20:32):
back across on the shore on D Day to come
back and liberate France. And so when you get to
see some of those boats, that's maybe the most incredible
thing that is out there, and it is just it's
an incredible experience to be able to go see that. Well,
they don't take any of the super positive lessons by
(20:54):
and large of Hey, this is what a country can
do when everybody comes together and everybody but he puts
their actual lives on the line to go get in
their private ships and frankly rowboats almost and go and
get some of these guys. And again you can see
the boats and you're like, man, I can't even believe
they were picking up soldiers in these guys were coming in.
(21:15):
That's how fearless they were to stand up. That's everybody
pulling together. That story doesn't get told very often. Instead,
what they try to say is okay, anybody who I
disagree with is Hitler. And we were talking with Douglas
Murray about this, and again, this is why historical literacy
matters and why I was glad to get to go
to Israel in December. Trump is more popular in Israel
(21:37):
than he is in Wyoming than he is in West Virginia,
which I believe were the two states that were the
most supportive of Trump in the most recent election. I
don't think Hitler would be super popular today in Israel, right,
So this is so historically illiterate on the analogy, but
also even in the modern day, Trump is probably the
(22:01):
most popular American president in our lives, in the actual
country of Israel, which is filled with tons of Jewish
people whose lives are on the line every single day
because of what happened on October seventh. But they are
still trying to make the argument, Hey, can we just
have a president who's not Hitler? I think it's important
(22:22):
for you to understand. They have one note and they
keep hitting it again and again. This is supposed to
be comedy. This is The Daily Show yesterday saying cut
twenty seven. Is it too much to ask for a
president who's not Hitler?
Speaker 4 (22:34):
Ninety five of these executive orders are about punishing people who.
Speaker 1 (22:38):
Are just disagree with him. So I'm fine with side
quest Trump, Okay, would.
Speaker 4 (22:43):
You go up to Hitler and be like, why are
you painting?
Speaker 1 (22:45):
You've got work to do. Is it too much to
ask for a president who's not Hitler?
Speaker 4 (22:52):
Yes, apparently it is, so just focus on the wins. Yes,
he's putting Dorothy's floor on a flight to El Salva. Okay,
but he's declared that anyone on the flight who asks
for a soda has to.
Speaker 1 (23:06):
Get a whole can. Okay, So Trump is Hitler. Ha ha,
Look how funny it is. The whole crowd roars. But
he's actually the most popular president in the history of Israel,
and the Jewish people there would vote for him by
margins that are similar to West Virginia and Wyoming. Isn't
that kind of a significant factor. And if we're going
(23:29):
to use only World War Two as the entire historical
record to try to analogize to everything, it reminds me
of when I was in school. Do you ever have
one friend or maybe multiple friends, or maybe it was
you who didn't do the actual school readings. You'd get
the old cliff notes, the spark notes, whatever is called.
(23:52):
Most of the time, I loved all. I'm a nerd.
I read all the books, you know, cover to cover.
I think I'd never skipped assigned reading because I love
to read nerd and I love history. I know nerd.
But I had a buddy who never read. He read
one book that we were assigned like the whole time
we were in school, and it was Lord of the Flies.
(24:14):
Remember the Lord of the Flies. And as a result,
because he had only read one book in his life,
he would analogize everything that happened to Lord of the Flies.
He had one pop culture book that he'd ever read.
Everything reminded him of what happened to Lord of the
Flies because he was so poorly read that he had
(24:35):
no other analogies to draw. That's Democrats with Trump. They're
so historically illiterate that they have such a lack of
foundational knowledge that no matter what happens, it draws them
back to Trump as Hitler. It is the black hole
from which they cannot escape. And yet that analogy is
(24:58):
completely broken. And the fact that has been going on
for a decade is maybe the most dishonest example of
how Trump has been covered. The fact that that is
where unceasingly, no matter what's going on, they eventually get
drawn back to the black hole of Trump is Hitler
(25:18):
because they're like my buddy who only read one book,
and therefore everything that he saw was something that happened
in Lord of the Flies. By the way, not a
bad book, but you should read more than one book,
and you should study more than one time in history.
There's two hundred and fifty years of America. But by
the way, you could make a historical analogy. I know
(25:39):
this is crazy to something that happened outside of the
United States of America, because the great great thing about
our country is, thankfully our founders were not historically illiterate.
The reason we have the government that we have today
is because they studied all of recorded history, saw all
(26:00):
the pratfalls, the errors that different countries had that were
when they were founded, and tried to build a framework
that would withstand the past challenges of time. They built
up on prior history to try to create something new.
So thankfully our founding fathers actually read more than one
(26:24):
book and actually were well versed on something other than
one particular aspect of history. But I do think it's
important when you hear that note getting hit again and again,
it's not only that it's untrue and unsound, it's that
also it is indicative of profound historical illiteracy, because the
actual study of that point in time is not the
(26:47):
lesson that's even being applied accurately. It's like my buddy
in school who read one book and everything reminded him
of Lord of the Flies. That's Democrats today. Look, if
you know a firearm. By the way, we're going to
take some calls. They're all loaded rolling in eight hundred
two two eight a two. We try to take calls
on Friday, and I've been trying to make sure that
we get some good economic experts to talk to you
(27:07):
about the terrafors. So Larry Kuvlow is going to join
us the top of the next hour. It will be
our third straight day, I believe, of economic experts in
the one pm hour for all of you out there
to make sure that you are on top of But
if you own a firearm, let me tell you about something.
You should be a member of the United States Concealed
Carry Association. Nearly nine hundred thousand Americans already belong. Because
(27:29):
here's the deal. If you end up in a situation
where you need to defend yourself with a firearm, the
USCCA will provide you with legal defense as part of
the membership. Let me take a pause here for just
a second. Lawyers are expensive. I know I used to
practice law. If you need to hire a lawyer, a
good lawyer in the defense category is going to cost
(27:53):
you hundreds of dollars an hour, one hundreds. A really
really good criminal DeFi attorney might cost you one thousand
dollars an hour or more. And trust me, those dollars
add up in a hurry. You right now can find
out what your legal rights are and know exactly how
(28:15):
to apply your legal rights when it comes to firearms,
and know that you have the ability to get a
great criminal defense attorney if somebody comes after you for
how you use your weapon. This is so incredibly important.
This is an incredible asset to have. You can both
(28:35):
get yourself more intelligent about what the law is to
protect you and your family and also know that you
have a security blanket, that you have a safety net
if one day you need defense. Right now, this is free.
You can get the Concealed Carry and Family Defense Guide
when you go sign up at USCCA dot com slash co.
(29:00):
That's a lot USCCA dot com slash Clay. There's also
a link at the Clayandbuck dot com sponsor page if
you're having trouble remembering this, but I just want you
to know the mental prep, legal insight, step by step training,
and also the safety net as a lawyer. I'm telling you,
why would you not do this? Why would you not
(29:23):
take advantage of this opportunity? Get signed up today USCCA
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clees back in the day continuing legal education, I once
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(29:46):
many of you out there probably are very interested in
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protect yourself at USCCA dot com slash Clay.
Speaker 5 (30:11):
Peek out with the guys on the Sunday Hang with
Clay and Buck podcast, a new episode every Sunday. Find
it on the iheartapp or wherever you get your podcasts.
Speaker 1 (30:21):
Welcome back in Clay Travis Buck Sexton show. Rolling into
our number two. We are still awaiting official news on
Buck and Carrie's baby boy. For those of you just
joining us now, I'm solo with you yesterday, I was today,
I will be and maybe probably several days next week,
maybe beyond, as Buck and Carrie prepare to celebrate the
(30:44):
birth of their baby boy. We got noticed last night
that the process was underway and that they were optimistic
in the next twelve to eighteen hours that the baby
would be there. We'll see whether or not happens during
the show today. You can follow much more tweety me
last night. Like trust me, guys, I'm not holding out
on you. As soon as I know something, I will
(31:04):
let you know. As soon as we know the show accounts,
we'll let let you know. But we're not We're not
hiding from you. We'll give you the absolute latest. We're
joined now. I'm gonna be on his show a little
bit later this afternoon. He may not even know. I
don't know if he's seen the rundown a guest yet,
but I will be on with Larry Cudlow in the
Fox Business studios as we put a bow on what
(31:25):
has been another wild week of stock market action. And Larry,
we appreciate you coming on with us. This is the
third straight day. I believe that we have had major
economic breakdowns in the second hour of the show, which
doesn't happen all the time. We had an art laugher
a couple of days ago at this time Stephen Moore yesterday,
please to be joined by you now. And so, mister
(31:48):
Cudlow here, what would you say to this huge audience
out there that we should know as we sit here
on Friday, and the trade war between the United States
and Canada. You know, in the in term of like
hockey fight, both sides have thrown down the gloves, right,
We've got the stair doown going on. The punches are
being thrown.
Speaker 6 (32:08):
Well, Clay, it really is. It's if you're looking for
a trade war, I guess it's China US. The Canadian
part is pretty quiet right now. In fact, right Canada
and their new prime minister what's his name, Mark Carney.
(32:31):
I know the guy, he's the central banker. He is
you want to do a deal with Trump? He wants
to do a deal. So that's not the issue. But
look what I think you know, the major point here
is Trump is waging war and fighting back against unfair
trading policies and rules over the past many decades, probably
(32:56):
have to go into the mid to late nineties. And
the key point is, first of all, China was allowed
most Favored Nations, uh. And that meant that, you know,
we we could trade with them without any legal constraints.
(33:17):
And then they ended the World Trade Organization WTO and
I believe the year two thousand. All right, and so
what did they do? They basically had very high tariffs,
much higher than ours. Okay, I mean their average TARP
rate was thirty forty percent United States two and a
(33:38):
half percent two point seven. That disadvantage to us was it?
You know, that means we can't sell to them because
their tariffs are so high and they price out our goods.
But they loved to sell to us and with cheap goods.
Speaker 5 (33:56):
Uh.
Speaker 6 (33:56):
Their government, you know it's a communist country. Their government
that subsidizes all production and wages, so they keep the
wages low, they keep the production low because all government subsidized.
So they're selling cheap stuff to us, and we have
virtually no tariffs. We can't and we can't sell to
(34:18):
them because they have a high tariff, right, And what
that did their cheap goods, which went on for twenty
five years, did great damage to America's heartland manufacturing and
automobiles and steel and you know, you name it, and
the results show that. I mean, we lost hundreds of
(34:41):
thousands of factories closed, We lost jobs. So that had
to stop, all right. And the fact is also, you know,
it's not just China. For heaven's sakes. You go around
the world. You look at the EU high taps, and
you know what Trump calls correctly non terror our barriers,
which means regulations like they can't buy the European Union
(35:05):
won't buy a lot of our food because they have
all kinds of crazy regulations on food. Okay, so that's
a non terra barrier. Or for example, right now, our
social media companies, our faced in our in our techie companies,
they're trying to put a tax on any internet service companies. Okay,
(35:29):
so that you know that has to change. It's a
it's an unequal position, it's not a level playing field,
and it's done damage to our economy. Trump is exactly
right here. Now, it's a hard thing to do. I
get that, uh, And I think his shock therapy a
(35:49):
week ago or ten days ago, did shocked at financial
markets and probably shocked a lot of ordinary folks. You know,
wake up call. Liberal media is trying to kill him
with it. I'm trying to defend them, all of the
bunch of people. I think he's doing the right And
you know, the most recent point yesterday, two days ago,
(36:14):
he declared a ninety day pause on the tariffs that
we would be charging other countries. He raised those charges,
but he did it because seventy seventy five countries came
to him and Scott bestin the Treasury Secretary, in Jamison Greer,
(36:34):
the trade representative, and said, no, we want to do business.
We don't want to pay these tariffs. We want to
do business. We want to level the playing field. We
want to make a deal. All right, and right now
there's a bunch of very hot deals on the front burner,
Vietnam and Taiwan and South Korea and India front burnt
(37:01):
Argentina is another one. Even the European Union talked about
zero tariffs on all goods. That won't be sufficient because
of their non tara Perry's But the point is they
came to us. They didn't go to China. They came
to US, and so Trump suspended his tariff charges, reciprocal
taroft charges, and we're gonna make deals. And it's a
(37:24):
very good thing. It's not easy to do.
Speaker 7 (37:28):
You know.
Speaker 6 (37:29):
Maybe it could have been handled a little better, a
little maybe a little more gradual, but I don't really
feel like second guessing them. Trump's a very good negotiator
after that, you know, after that shock and awe, what
did he call it? Liberation Day? I mean, all these
countries came to us, all right, they didn't go to
(37:49):
China want to deal with us.
Speaker 1 (37:52):
Talking to Larry Cudlow here, you can watch them on
Fox Business. I'll be on with him later this evening
in the Fox studios. What does a six as full
trade policy with China look like to you? Let's pretend
you were a mediator. I know you're obviously skewed in
favor of the United States, but let's pretend you were
hired as a mediator. You're very knowledgeable economically, and your
(38:13):
job was to bring a solution to the United States
and China. What does fair trade policy with China actually
look like?
Speaker 6 (38:20):
If I were a China mediator, I'd probably resign and
look for another job. That's what I'd have to do.
Speaker 1 (38:29):
But what does a successful trade package look like in
terms of if we could finally get a resolution, what
would it look like? From your pursuit?
Speaker 6 (38:38):
I was on the China trade team yep, in the
first term. Okay, I spent two years, all right. Our
team leader was Robert Lighte has your bob, who, by
the way, is a genius on this stuff, Steve Mnusian.
Then the tragedy secretary was handling the financial companies. I
(39:04):
was any C director Wilbur Ross with Commerce Secretary. Wilber
was on the show last night. He and I handled
the commodity section. We had a huge We spent almost
two years. We made a deal was you know, China
Trade Deal Phase one and was signed in early January
(39:25):
of twenty twenty, and it included provisions to stop intellectual
property sects, to allow American companies to operate in China
as American run companies, not Chinese run companies, so the
FCED technology transfer would go away. Anyway, we did this
(39:50):
whole deal and they did not implement any of it.
And then, of course in January of twenty twenty, China
already knew that they were stuck with this COVID disease,
this COVID virus, and they tried to cover it up,
(40:11):
and we learned in the next there are always rumors,
and we learned in literally the next couple of weeks
in January, that China was suffering from a countrywide virus.
And then of course the rest is history. Now they
say they didn't implement the deal because of covid. Okay,
but COVID has been gone for a couple of years
(40:34):
and China has not come back to the deal. So
I'm saying to you, it's always possible that we could
go back and work through commodities, financial companies, insurance companies,
intellectual property sets, force transfer of technology, American ownership, lower tariffs,
(40:58):
get your tariffs down, along with all the non terrafies.
It's possible we could go back and conduct a China deal,
you know, Phase two, all right, It's possible. It would
look a lot like Phase one. They'd have to change
their laws, which they never did. By the way, part
of that deal was stop producing the parts for ventanol
(41:21):
and other drugs. They promised they would do that in
dinner in blennis Aires in Argentina. I was there as
a g twenty meeting US China. The first question Trump
asked she was, will you stop producing fentanyl? And would
might you put a capital punishment on people producing fentanyl?
(41:44):
And she without batting, and I said yes, we will
do that, And of course he lied through his teeth.
Speaker 5 (41:50):
Right.
Speaker 6 (41:51):
This was This was in I don't know, probably late
sometime in late twenty nineteen.
Speaker 1 (42:00):
This is all all great detail. What do you think
we know kind of because you know Trump, well, we
kind of have a sense how Trump is responding. What
do you think Chairman Dise's advisors are telling him right
now in China? How much do you think they are
panicked about where we are right now? How would you
assess leverage negotiating ability here visa the US and China.
Speaker 6 (42:25):
Look, the reality in the economy is the United States
with a tariff of one hundred and forty five percent,
the United States is no longer a customer of cheap
China goods. Yep, period, full stop. Okay. That will ruin
(42:47):
an economy that's still reeling from a real estate collapse
bust that happened a couple of years ago, and they
still haven't more coach from out the thing about she
is he has economic advisors. By the way, I knew
some of them because we worked well, and a couple
(43:07):
of them were pretty good reformers on my end. But
she doesn't listen to them. You talk to people as
I have, who are still operating, Americans who are still
operating in China, particularly the insurance industry, which has a
long history in China, American American owns. Okay, they will
(43:28):
tell you that she's inking. Is not just the head
of the Communist Party. He views himself as as an emperor.
As an emperor. They're running pictures and clips of Mau
say Tung right now. I don't know if you've seen
any of this stuff, one of the all time great
killers in humanity. She thinks he's emperor, all right, and
(43:51):
he's running the show, and if you don't do what
he wants, you're out. And so I think it's almost
impossible at this point they may be brought to their
knees on economic ground. They still have a very strong military.
They're pouring money into the military, as I'm sure you know,
you know they they had military exercises circling Taiwan. The
(44:15):
minute Pete Hegseth left after his meetings in Taiwan. So
the military side is very difficult, and that goes along
with the economic side. So I'm not optimistic about this.
But the here's the point. We don't need them. We
don't need them, Okay. I know there's supply chains that
have to be altered. I get that. But Vietnam, which
(44:38):
is a communist country, is become an American ally. They
want to make a deal and they can produce the
same goods that China did. Malaysia the same story, Cambodia
the same story, India the same story, Korea the same story,
Taiwan the same story. It's not like transshipping anymore, where
(45:01):
China would use another country to get around to Terra.
They're doing it themselves now. They've grown up, their economies
have grown up. So I don't think we need them.
And I think that she has gotten boxed in. Trump
completely out boxed them on this. China has nowhere to
turn now, I'm reading in the papers, and she is
(45:22):
going to Europe, okay, to try to bring them on
his side. They won't because they suffered the same problem.
China sends cheap goods, cheap cars, undercutting everybody. Mercedes been
into Europe, and Europe is sick of it. And Europe
is talking about tariffs on China, even Mexico. All right,
(45:42):
China used Mexico to transship well fentanyl for one thing,
but also automobile parts and so forth. Mexico is slapping
tariffs on China. So China can do and go wherever
they want. But right now they're at the short end
of the stick. Trump knows this right, and he will
cheap tighten the news around China.
Speaker 1 (46:04):
You watch you, wait and see Larry Kudlow. I will
see you in a little bit in the Fox Business studios.
Keep up the good work.
Speaker 6 (46:12):
Appreciate the time today, you got it anytime, take care
of See you later by Butte.
Speaker 1 (46:16):
Yeah, for sure, I will see Larry Kudley put on
Fox Business. You'll see us in the same studio here
in a little bit here in America. We can't imagine
living under the constant threat of terrorism and rocket attacks.
In Israel, it's a way of life. Parents taking their
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(46:39):
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Speaker 8 (47:25):
Stories of Freedom, Stories of America, inspirational stories that you
unite us all.
Speaker 1 (47:31):
Each day, spend time with Clay and buy.
Speaker 8 (47:35):
Find them on the free iHeartRadio app or wherever you
get your podcasts.
Speaker 1 (47:39):
We are joined now by the weekend host of Fox
and Friends, Rachel compost Duffy. I'm going to be on
with her for eight hours this weekend, and Rachel I
thought that since I have not been on the show
as anything other than a guest before that you should
come on and tell the audience what I should do
(48:00):
to avoid unmitigated disaster. And thank you also for coming
on with us. You did this show and have done
this show for quite some time with Will Caine and
Pete Hegseth and now you've got Charlie Hurt and you've
got a rotating collection a guest host. So what should
I know?
Speaker 7 (48:16):
Well, first of all, Pete hegg Seth held my hand
when I was getting my two legs on the show,
and Ainsley Earhart sent me really great advice. So I'm
going should I just lay it out?
Speaker 1 (48:28):
Just lay it out, and then, by the way, for
people who don't know, to reinforce if you haven't gotten
enough time with me already. This week, I'll be on
for four hours on Saturday and four hours for Sunday
with Rachel and Charlie Hurt. All right, so what advice
did you get?
Speaker 7 (48:43):
Okay? So well here's the deal. First, you got to
get a good night's sleep. Yeah, it took me a
long time to figure out that the best prep for
this show is sweep. It's really because it's four hours.
It's a marathon. Your brain has to be firing up,
especially when you have an amazing co hosts like Charlie
or when I had Will and Pete. These are sharp
people and you gotta you've gotta be ready to go.
(49:06):
So sweet. Well, okay, take your magnesium, get a good
night sleep, get in there early, get your hair and
makeup done, you know how to do that, and then
come with an appetite because this week and we have
several awesome food segments, so we eat a lot. We
(49:28):
don't think that we eat. We we don't just eat.
We often order breakfast or then eat what we're doing
on the segment. So it's an eating show. So bring
your appetite. You're gonna get an eat packet in the morning,
which is like you know, we have these awesome producers
that amalgamate all the all the news of the day
or and the best stuff that happened the night before
(49:49):
in terms of clips, and so you're going to read that.
I read it on my way into the office. Is
at about an hour drive in in the morning. You'll
probably had a hotel nearby, So take your time read
that and then just sit down and enjoy the show.
You know, Tuck Carlton used to do the weekend Boston
Friends show, and he would often say that, you know,
(50:10):
he didn't like to prep He just likes to see
it unfold. And I have done shows like that and
I like it too. So there's a couple of ways
ways to do it. You can prep for your segments,
or you can just watch it unfold before you.
Speaker 1 (50:24):
Okay, we got a bunch. I'm going to dive into
this in a sec. But you were instrumental. I believe
in getting Buck and Carrie together. Buck is out right
now because Carrie is having their first ever baby. You've
had a few babies yourself. Do you want to take
a bow for helping them to get together?
Speaker 7 (50:42):
I absolutely will. I am a perennial, hopeless matchmaker, and
I often bring up those two when I brag about
my my my efforts and my success. I believe the
best relationships these days are not through apps, but through
people who know you and bring you together, and people
(51:05):
who advite you on like what is a great mate
because they have one themselves. And so I did have
those conversations with her and Lacery, and I think that
she took my advice and Buck had all the right
qualities and she was smart and she jumped on it.
Speaker 1 (51:25):
And now they're having a baby. So like you're helping
to make the world's population grow in addition to all
the kids that you and your husband, Sean have brought
into the world. Let me ask you about this. What's
it like to be married to a member of the cabinet?
How has that been going for you and your family?
I actually saw your husband on Air Force one, which
is kind of a cool place to run into somebody.
(51:45):
He was coming back up for the weekend. But what's
that been like? I mean, you guys have done television
for a long time, You've done media for a long time.
I know he has the background in Congress too, But
what has been a member of the Trump cabinet been
like for you and your family?
Speaker 7 (51:58):
Well? It is different. You know when you call your
husband here like I need to tell that there's a
leak in the bostic, Like I'm about to enter the
tabinet meeting, and I forget that he's doing that. So
there's that. I think one of the hard parts is
we never get alone time. And what I need by that,
Clay is he now has secret, a secret service detail.
(52:21):
It's not as large as Peach, for example, but he
is surrounded at all times, you know, whether he's in
the car or you know, wherever, and so I just
feel like we don't we can't have these open, honest,
you know kind of conversations we normally have because people
are around and we're just used to having our own
privacy like that every couple does, and so that's really
(52:44):
hard for me. I can't when he gets and then
he comes in the door and I like want to
grab him because I have like thirty things I want
to tell him, and then the kids also want to
grab them and talk to him about what happened. And
so it's just there's just not enough. There's not enough
Sean to go around Clay. I.
Speaker 1 (52:59):
I mean, that's got to be kind of wild, right,
Do you text I remember reading before that people had
secret service details, they didn't want to disagree necessarily in
front of the secret service details, so they would like
and this is in the last decade or so, as
people text message, do you text message?
Speaker 5 (53:13):
Like?
Speaker 1 (53:15):
I think I remember reading that that was the way
that they would have a conversation. Because my wife is
always like, you know, we're traveling or something. She's mad
at me about something. She's like, I don't want to
get mad because you because we're at the airport and
somebody's going to see it and everything else. What's it
like to have like a secret service agent kind of
around all the time.
Speaker 7 (53:31):
So I've been in the car with Sean and I
want to tone something personal and I'm we're literally in
sitting next to each other texting each other. Yes, but
also I'm Latin and really hot, like I run hot,
you know, and so like I will text him stuff
and he'll be like, and this even happened before he
was in in the cabinet, and you know, we know
(53:53):
all of our you know, you me, Sean, we are
targets of you know, the diligence agencies under the Biden administration.
So Sean would text Baco, really, Rachel, is that what
you want the FBI to know about us? So text
fighting sometimes I can't resist, and he always gives me
(54:14):
that reminder that you know, there is nothing private anymore,
which is really sad. I wish we lived in a
little bit more privacy.
Speaker 1 (54:20):
No doubt. I mean I've joked about that with my wife.
I'm like, you really want China.
Speaker 7 (54:23):
Knowing this because I just China is fighting.
Speaker 1 (54:27):
Well yeah, that's probably true too, but I've just presumed
my phone's been hacked by China for years. So tomorrow
we're gonna be live six to ten. You talked about
the big takeaways for people. I imagine that it's a
great question. What percentage of the audience right now has
never watched Fox and Friends. I would think almost everybody
(54:47):
has watched Fox and Friends Weekend that's listening to us
right now, But let's pretend they have not. What time
do you what do you hope that a viewer would
get from Fox and Friends Weekend. I'm going to be
on the next couple of days, but you've been doing
this for a while. Now, what's your goal from six
to ten am? What do you hope people take away
from the show?
Speaker 7 (55:07):
Friends?
Speaker 1 (55:08):
Yeah?
Speaker 7 (55:08):
I mean that's the real thing, Like we are all
really friends, and I think people follow that. When Pete
was going through the transition process and they were being
really mean to him and unnecessarily evil, and Will and
I were like, you know, because we really do love
each other. And I feel the same way about Charlie,
and you're our friends, and so I think, you know,
(55:30):
we're just gonnat. People will tune in and they'll see
friends hanging out having coffee and they just feel like
they're I mean, that's what people say, I feel like
I know you. And to me, it's the highest compliment
because it means they get up in the morning, they're
in their pjs or pouring their coffee, they're making their pancakes,
and they're with us as we go through the morning
and we do everything. You know, we'll do a really
hard you know, economic segment, you know, on sheriffs, and
(55:52):
then you know, we're eating hot dogs, you know, or
we're you know, there's puppies on the set, and so
it's a really fun show that moves, you know, and
every single direction, and you're just gonna love it. Clay,
You're you're like the perfect personality for it. We're so
excited to have you. So bring your game, bring your
sleep you know, sleep tight, and I think we're just
(56:14):
going to go in for a right. I think people,
if you haven't watched it, you should tune in because
it's a it's a great fun show. You'll get opinions, news,
you know, tips on your life, tips on what to
do it's your home foo food segments. It's just got everything.
You know what Will Caine used to call it clay,
He called it sad and Will Caine is actually much
(56:37):
more Latin than people know the fact that he had
that reference. That's a Saturday variety show that was also
like four or five hours long on Telemundo, and so
it's a little bit like an English version of sav
So bring your Latin game too, play man.
Speaker 1 (56:53):
I'm awful of accent, says everybody who's listening right now.
Well knows, okay, So last question for you. You just
we talked about the fact that you got can carry together.
I believe you have seven kids. We have obviously a
lot of people out ye now, oh my goodness. Well
I'm glad I got that fixed before television. All right,
what advice would you have because we'll clip this and
(57:13):
we'll share it for Buck and Carrie. You've been through
this so many times, now, what advice would you have
for new parents? I've got three, my wife and I
obviously you've got nine, so you've been through this a
ton of times. What advice would you have for new
parents out there?
Speaker 7 (57:30):
I always tell new parents that the first one is
the hardest, and it is the first one. So don't
don't stop because it was hard, because the first one
is the hardest. It interferes with like I mean, it's
just your whole like freedom thing like ends right, and
that's a hard adjustment. And you're learning how to do
things with a baby for the first time and how
(57:52):
to figure them out. Once you get past three, it's
so easy. It's rate And you know, obviously every kid
has challenges everything. You know, nothing's ever perfect, but as
far as the baby phase, that gets easier. And I
would say this, this is the best advice I ever
(58:13):
got Claive and I give this to every single mom
I talked to, and they always want to ask me
about how many they should have, and how do I
have so many? I have a lot because I'm Catholic,
I'm Hispanic and Catholic, and Sean is Irish and Catholic,
and the number just happens. But the best advice is,
don't plan how many you want right now. Don't think about,
(58:36):
oh my god, I'm gonna go into diapers right now.
Think give yourself a pause and think twenty years forward.
How many do you want? Around the Thanksgiving cable.
Speaker 1 (58:47):
That's great advice. That's great. That's how we ended up
with three. My wife was like not. I managed to
convince her to go for three, and I think she
would say that that's the best decision. She's mad, So
I think that is great advice. Rachel. I can't wait
to hang out with you for four hours tomorrow and
four hours and Sunday. I'm gonna do my best to
(59:09):
get my sleep and be bright eyed and bushy tailed,
and it should be a lot of fun.
Speaker 7 (59:13):
Wear your sleep mask tonight.
Speaker 1 (59:15):
I don't even know what that is, but I think
I'm in trouble. No matter what I'm gonna be. Uh,
it's gonna be hard to fall asleep because I'm gonna
be excited. But I can't wait. It's gonna be fun.
Speaker 7 (59:25):
You got it all right.
Speaker 1 (59:27):
Think that is Rachel compost Duffy. Thanks to her for
helping you get buck and carry together, and you'll be
able to hang out with us on Saturday and Sunday
if you so desire. As you wake up and you
have your Crockett coffee in the morning, use Codebook. You
get an autograph copy of my most recent book, and
go to Crocket Coffee dot com. And we also want you.
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(59:47):
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