Episode Transcript
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Speaker 1 (00:00):
Alabama's Morning News. I'm j Jenner, White House correspondent John
Deck here with the latest on what's happening with the tariffs.
It seems like a new discussion every day. John, Good morning,
Welcome in.
Speaker 2 (00:09):
Hey, thanks a lot, JT. Thanks for having me on
your show today.
Speaker 1 (00:12):
So recently we saw that China has announced Boeing slow down. Sorry,
we're gonna have to turn the spickt off here. We're
not bringing any more of your planes in here. Okay, China,
you're pissed. I get it. And now you get Honda saying, oh,
we'll play ball, bring in some of their manufacturing from
Mexico and Canada to the United States. So are there
(00:32):
more people coming to the table that want to play
ball with us than there are there to getting mean
and ugly with us?
Speaker 2 (00:38):
Well, that's a great question. You know. I don't know
if there's a ledger that actually spells that equation out,
but we do know that there have been some announcements
in terms of investments in the US in the long term.
Just a few weeks ago, I remember being in the
Roosevelt Room when Hyundai announced that it would be building
(00:58):
in Southern Louis Sanan a steel mill that will be
online in twenty twenty nine. That's a long ways off.
But we also know, as you point out, that Boeing
has salted delivery of about one hundred and seventy Boeing planes.
That's a big hit that Boeing's going to take, and
it could also impact our economy as well. When you
(01:19):
factor in all of the work that goes into this
one Boeing plane. We're talking about a significant amount that
was supposed to be delivered to three air carriers in China.
Speaker 1 (01:29):
Yeah, we also saw that. I was it as last
week as Donald Trump was addressing this and saying, yeah,
these countries are calling me and ringing the phone off
the hook. They want to kiss my you know what,
and it's just unbelievable how much they want to play
ball with us. Now it's really working. So now I
looked at a list of some of these countries, and
there are a lot of countries in this world that
(01:50):
are being affected by this tariff thing. It's not just
the big ones that we all hear about. I mean
there's some countries I have never even heard of that were,
you know, raising tariffs or negotiating tariffs. And Donald Trump
seems to be getting a bunch of these countries to
come play ball the way he wants to.
Speaker 2 (02:06):
What we heard on Monday from Kevin Hassett, he's the
chief Economic advisor to the President, is that trade negotiations
are ongoing with ten countries. He's specifically seven number ten.
We know right away that Japan and South Korea reached
out to the US Trade representative trying to work out
a new trade deal. But these trade negotiations take time. JT.
(02:29):
I think about the US MCA trade agreement, which was
agreed to during President Trump's first term in office. From
start to finish, it took one full year. And now
there's a ninety day pause on those reciprocal tariffs, impacting
every one of our trading partners. That's a very narrow
window to try to lock down trade agreements with a
significant number of countries.
Speaker 1 (02:51):
And did you see where Letitia James you mentioned the pause.
She is now bringing charges in an investigation on the
Trump's administration on the timing of all of that, saying
that people made out financially because of his pause. I mean,
she has just not given up on going after him.
So now it looks like the DOJ is going after
(03:13):
Letitia James on a possible not.
Speaker 2 (03:16):
The DJ that's New York State, So that's different than
the DOJ. Right, She's yes, So just keep that in mind.
But look, I don't think to me. You may recall
the President put out on social media before he put
a pause, now's a good time to essentially invest in America.
That was the social media post.
Speaker 3 (03:36):
So that message was called was something that anyone that
saw that social media post, if they wish to do so,
could have taken advantage of that advice from the president
and made some investments in the financial markets, and they
could have done well as it relates to the financial advice.
Speaker 2 (03:54):
That the President was actually giving on a social media post.
Speaker 1 (03:57):
Yeah. But in turn, now with that new your case
going on, as you mentioned to the Federal Housing Finance
Agency has now sent a critical referral to the Department
of Justice accusing her of mortgage fraud, saying she lied
on documents to get better rates and talked about a
family member being a part of the household. I mean,
(04:17):
there's some sneaky, sniffy stuff going on against Latitia James.
These two need to just kind of shake hands and
cool it. With each other. It seems it just never ends,
all right. Thank you, John, I appreciate you, buddy,