Discussion on Tariffs and Trade Policies

Unless they pay a big price, and the big price is tariffs.

And he'd speak like that, but he was right.

And then around in the early 1900s, they switched over stupidly to, frankly,

an

income tax.

And you know why? Because countries were putting a lot of pressure on America.

"We don't want to pay tariffs. Please don't..." You know, they,

believe me, they

control our politicians. If you look at the kind of numbers

that these guys make then and now.

But we had a commission meeting in the,

uh, 18, I think it was 1887. Think of this problem.

We were so rich. We had so much money.

We didn't know what to do, so they set up a blue ribbon commission on

tariffs, and the sole purpose is what to do with

all the money we had. We were so rich because we were

taxing other people for coming in and taking our jobs.

And China does it. That's what China did.

If you want to open a factory and sell cars, if you build a

factory here or have a factory, they don't take our cars.

They, they wouldn't take our cars.

But if you build a plant in China,

you can do that. Elon did that. By the way, Elon is great.

That guy is such a great guy. I think you're a fan of Elon.

I love him.

He is from a different planet. He's the greatest guy.

That rocket coming in