tariffs

“Those jobs are never coming back if there's not a step function change in technology and in the ability to use technology to get leverage. And to be able to transform those jobs and transform the economics, like they're just, they're never coming back. It does…”

“I think the tariffs overall have been positive for us, frankly.”

“Everything from, you know, the direction of the dollar to the performance of the stock market, to the level of retaliation we should expect. There was a sort of consensus Model of here's what's going to happen if you impose tariffs and why it's extreme. It's a…”

“If a couple of years from now you are not seeing the investment response, and either we can't do the workforce stuff, or for political economy reasons, It is not feasible for us to do that stuff. Then I would be the first to admit this is apparently not an eff…”

“America had very high tariffs and built its domestic industry behind a wall of protectionism. America aggressively restricted immigration. America had quite aggressive industrial policy and so on and so forth.”

“What Noah had just said about some of these other factors that, that I think are really important as well, because you know, I think both in terms of what it takes on tariff policy, if you really want these tariffs to work, stability and certainty is, is, is i…”

“Not, not all the tariffs on, I would say strategic industries with China. I don't think we, you know, need tariffs on Chinese clothes because if China makes clothes, that's not a national security threat to us.”

“You increase, you know, from a two and a half percent average tariff to a 15% tariff, that's their profit margin, and it's gone.”