tariffs

“Tariffs plus tax cuts could lead to a serious inflation and Economic contraction.”

“So I think you're going to see real tariffs, like, especially against China, And the Trump administration is completely committed to reducing inflation, the cost of eggs, you know, and groceries, and I think those things can be reconciled.”

“He's using this to negotiate. So I talked to the senators and I asked him what's going on. Cause obviously I import things all over the place. I'd like to know what the hell the rules are. But he wants people to actually crack down on this stuff and save Ameri…”

“It's impossible to do these negotiations with any leverage if you have the people within your own country questioning your ability to negotiate in real time.”

“Once everyone knows that there's this kind of action, it's exploitable. And so this is now kind of an exploitable mode of negotiation where everyone now assumes he's just trying to negotiate, so no one actually takes him seriously.”

“America was built on tariffs with no income tax. No income tax till 1913. None.”

“The number one country with the highest tariffs against the United States of America, Kuwait.”

“I think we're gonna cut a trillion dollars a year in expense, and then I think we can, through tariffs and other means, we're gonna get revenues of a trillion dollars.”

“Yesterday, in anticipation of this, Israel, which had very, very low tariffs on United States goods anyway, announced they'd removed all tariffs. On American goods, right? There were no tariffs on American goods anymore. And the administration that afternoon l…”

“They're gonna go through with this and they're gonna see it through. I don't think you're gonna see this grand capitulation.”

“It's why I'm being critical of the tariffs. It's not because I want Trump to lose, it's because I want Trump to win, right? I think he's doing too many important things, like the stuff that Antonio's doing. There are too many important things happening to take…”

“I think that the second consequence is going to be that there is going to need to be financial support, which means increased government spending if we intend to keep the tariffs in place, and the global market stops buying American exports.”

“Usually when an idea is good, you don't need people jumping back and forth on it so often, going between these tariffs are a bad idea, but they're a smart negotiating ploy, to these tariffs plus are an actually great idea, and you should all calm down.”

“So I think that the Mar-a-Lago Accords, this sort of Bretton Woods two point O is the outcome Ezra. It will basically use tariffs as a way to get these governments to a table and allow us to negotiate a much fairer economic quid pro quo.”

“Increases in tariffs of this magnitude, the overwhelming part of them will be passed on to consumers.”

“I think it's going to hold up. I mean, look, I just think that this investment in, in CapEx and the data center build outs is so strategic right now. I mean, I think that the hyperscalers, it's only good for their businesses, but I think they see it as so stra…”

“All that matters to me is that Uber is the anti-tariff stock. It just does great. It's not impacted by tariffs.”

“And there's this sort of false narrative that when you have tariffs, like a hundred percent of tariffs are going to get passed through in pricing and therefore tariff is like a tax, right? That retailer told us that they think only about 50% of the tariff gets…”

“We are run rating, 300 to four hundred billion dollars above forecast in terms of our receipts, meaning the revenues that we will take in. And you get to that number by looking at the last three months of tariffs and forecasting forward, assuming a reasonable …”

“Okay, so on August first, whatever hasn't been settled will be settled. You get the tariffs go into effect, right? So all this 10%, they'll all just pop up to some higher number.”

“So I think in some of these categories, we will see significant inflation where there is a very thin margin that the seller has in selling. And in some of the categories where there's a monopoly and they have a big margin, they're going to eat it because they …”

“The thing I most worry about with respect to tariffs is if it does create a new revenue source for the federal government, it gives the federal government another crutch to keep spending.”

“Tariffs are traditionally a democratic policy position. You know, Clinton ran on them. Obama ran on them to be a slightly lesser degree.”

“But for 2026, that does seem reasonable.”

“You can champion The amount of revenue that we're raising off of tariffs, but you can't do that at the same time that you're championing reshoring, because if you reshore, then that revenue is going to go away, presumably, right? You're not going to be buying …”

“I think that the United States is going to book Probably close to half a trillion of incremental revenue.”

“My guess is that they're not going to be reversed in the future by a future president, because I think they actually are quite popular with the country, with workers.”

“They have on the other side generated over a hundred fifty billion dollars in revenue in a couple of short months.”

“The CBO Has now increased their projection of what tariffs will raise to four trillion over the next decade.”

“Like for my Shark Tank companies, it's put several out of business.”

“Factories are coming back because they don't want to pay tariffs.”

“No inflation. They said, oh, tariffs will cause inflation. They were, they've been wrong about everything, and these guys, and for the most part, they've admitted, they've said, you know, Trump was right, because we've taken in hundreds of billions of dollars …”

“Having said that, if we do this, which we are, We will probably spend more to buy less technologically capable cars 10 years from now than the next time we all, you know, if you go on vacation to Europe or Asia and get in the back of one of these other cars.”

“There's a study from not a friend of the administration, the San Francisco fed with a 150 years of data. I would refer everyone to that. That shows that tariffs do not cause inflation, that they're actually disinflationary.”

“The Chinese business model It's based on volume, it's based on employment, it's based on a five-year plan, and I think everyone neglected the idea that despite the tar, the tariffs, the Chinese were going to keep producing, that it's one of these, they may los…”

“And then you have the tariffs are five hundred billion a year now, and they will grow over time to a trillion a year”

“Who paid for no tax on tips, no tax on overtime, no tax on social security. Right? Tariffs.”

“And I predict That future administrations, whether they're Republican or Democrat, will keep some version of the tariffs in place, but I think that they will be ultimately popular on a longstanding basis.”

“We had a hollowed out manufacturing class, and we have a hollowed out middle class, and the tariffs will create more equality for the American worker in the end.”

“And as a result, here in Pennsylvania, what we're seeing is coffee prices are up 30%. Beef is up 19%. OJ orange juice is up nine percent. The fertilizers my farmers rely on here in Pennsylvania, up 36%.”

“And then set up all these tariffs, which undermine the divisional labor by comparative advantage, which makes everything more expensive.”