Full Transcript for Borderline Crazy: Tariffs, Trade Wars, and Trump’s Policies

00:01:53,890 wasted no time making enemies within the first 100 39 00:01:53,930 --> 00:01:56,786 days of office. Um, and it has been, as you said, very funny 40 00:01:56,818 --> 00:01:59,650 to watch the on again, off again. Will they? 41 00:01:59,690 --> 00:02:02,306 Won't they? Yes, we have tariffs. No, we don't 42 00:02:02,338 --> 00:02:04,962 psych back and forth. So who even 43 00:02:05,066 --> 00:02:07,810 knows what the status will be by the time this 44 00:02:07,850 --> 00:02:10,770 episode comes out or how many times it will have changed since 45 00:02:10,810 --> 00:02:11,106 then. 46 00:02:11,178 --> 00:02:11,666 >> Zach: Yes. 47 00:02:11,778 --> 00:02:13,058 >> Katie: So tell us more. Is that. 48 00:02:13,114 --> 00:02:15,954 >> Zach: I will say my stocks are very much enjoying the certainty 49 00:02:16,002 --> 00:02:17,762 that Trump is bringing to American leadership. 50 00:02:17,826 --> 00:02:20,694 >> Katie: Oh, my God. I was just talking about that with Chandler 51 00:02:20,742 --> 00:02:23,702 the other day. I was like, okay, should we. At what 52 00:02:23,726 --> 00:02:26,530 point do we crash the stock market unwillingly again? 53 00:02:26,860 --> 00:02:29,478 >> Zach: Um, so invest in gold, everybody. 54 00:02:29,574 --> 00:02:30,518 Gold bars. 55 00:02:30,614 --> 00:02:33,574 >> Katie: Yeah. And he. And even he was like, yeah, I bought a 56 00:02:33,582 --> 00:02:36,406 bunch of Bitcoin when it started, and I don't know, 57 00:02:36,520 --> 00:02:39,414 um, I'm not feeling too hot right now. And I. And I was like, man. 58 00:02:39,502 --> 00:02:42,454 And then I told him about your saga with Tesla, and 59 00:02:42,462 --> 00:02:45,382 I was like, good luck to everybody who owns stock. Because, no, you 60 00:02:45,406 --> 00:02:47,494 don't. So. Because, no, you really don't. 61 00:02:47,542 --> 00:02:47,828 >> Zach: So. 62 00:02:47,894 --> 00:02:48,360 >> Katie: Ari. 63 00:02:48,440 --> 00:02:51,368 >> Zach: So starting with Claudia Sheinbaum, the newly elected President 64 00:02:51,424 --> 00:02:54,136 of Mexico. She's the first female and first 65 00:02:54,208 --> 00:02:57,144 Jewish president of Mexico. And she did recently condemn 66 00:02:57,192 --> 00:02:58,060 Israel. 67 00:02:58,480 --> 00:02:59,240 >> Katie: Wow. 68 00:02:59,400 --> 00:03:01,784 >> Zach: Brought over and recognized Palestine, which was. 69 00:03:01,872 --> 00:03:04,620 >> Katie: Friendly fire will not be tolerated. Sorry. 70 00:03:06,640 --> 00:03:09,576 >> Zach: Academic background. She has a bachelor's in physics 71 00:03:09,608 --> 00:03:12,472 from the National Autonomous University of Mexico 72 00:03:12,536 --> 00:03:15,202 and a master in physics from the same university and a 73 00:03:15,226 --> 00:03:17,810 doctorate in energy engineering from 74 00:03:17,850 --> 00:03:18,962 Berkeley, California. 75 00:03:19,026 --> 00:03:21,586 >> Katie: Neat. Well, I know what we need to go get a doctorate in. 76 00:03:21,658 --> 00:03:24,270 >> Zach: Yeah, it's a pretty useful skill to have, 77 00:03:25,770 --> 00:03:28,738 trying to balance all the. All the energy and where it's going and how it's 78 00:03:28,754 --> 00:03:29,426 being produced. 79 00:03:29,538 --> 00:03:29,970 >> Katie: Hair. 80 00:03:30,050 --> 00:03:31,266 >> Zach: Hair raising. 81 00:03:31,378 --> 00:03:33,346 >> Katie: Yeah. Actually, especially now. 82 00:03:33,418 --> 00:03:36,306 >> Zach: And after doing all that, she also became a professor at University 83 00:03:36,378 --> 00:03:38,930 of Autonomous Mexico, or National 84 00:03:38,970 --> 00:03:41,654 Autonomous University of Mexico. It's a. It's a. They need 85 00:03:41,662 --> 00:03:43,142 to get a better name. 86 00:03:43,326 --> 00:03:44,214 >> Katie: Figure that out. 87 00:03:44,302 --> 00:03:45,654 >> Zach: Must sound better in Spanish. 88 00:03:45,782 --> 00:03:48,742 >> Katie: Yeah. Yeah, I hope so, because otherwise it's unam, and that 89 00:03:48,766 --> 00:03:51,460 makes me think Vietnam. So maybe we need to, uh. 90 00:03:51,582 --> 00:03:54,326 Or maybe unam. But that. That just makes me think of 91 00:03:54,398 --> 00:03:57,094 Vietnam as well. Yeah, let's take that one back to the 92 00:03:57,102 --> 00:03:57,718 drawing board. 93 00:03:57,774 --> 00:04:00,678 >> Zach: For her career, in 2000, she was appointed the Mexico 94 00:04:00,694 --> 00:04:03,478 City's environmental minister by her, 95 00:04:03,534 --> 00:04:06,502 the former mayor and former president, Andres 96 00:04:06,566 --> 00:04:09,494 Manuel Lopez Obrador. She oversaw the introduction of the 97 00:04:09,502 --> 00:04:12,232 city's bus system. In 2006, she contributed to 98 00:04:12,256 --> 00:04:14,792 the climate Change mitigation section of the 99 00:04:14,896 --> 00:04:17,624 IPCC's fourth and fifth assessments 100 00:04:17,672 --> 00:04:20,504 report. And the writers of the report were awarded a 101 00:04:20,592 --> 00:04:23,544 Nobel Prize. I guess that's an accolade. Working on a project 102 00:04:23,632 --> 00:04:25,700 together, I have 103 00:04:26,880 --> 00:04:29,592 probably would have like a thousand, but it's something. 104 00:04:29,696 --> 00:04:32,460 >> Katie: Yeah, I don't have an IPCC award. 105 00:04:33,600 --> 00:04:34,900 Works for me. 106 00:04:36,010 --> 00:04:36,130 >> Zach: Um. 107 00:04:36,130 --> 00:04:36,220 >> Katie: Um. 108 00:04:36,610 --> 00:04:39,266 >> Zach: She was elected mayor of Mexico city in, uh, July 109 00:04:39,338 --> 00:04:42,210 2018, receiving 50% of the vote 110 00:04:42,290 --> 00:04:45,030 in a field of seven candidates, which is quite impressive. 111 00:04:45,370 --> 00:04:46,658 >> Katie: Really big. Yeah. 112 00:04:46,754 --> 00:04:49,218 >> Zach: Her government expanded rainwater collection, 113 00:04:49,314 --> 00:04:52,050 reformed waste management, began a reforestation 114 00:04:52,130 --> 00:04:55,106 program, announced, uh, plans to overall the city subway 115 00:04:55,138 --> 00:04:57,954 system, and had massive investments

116 00:04:58,002 --> 00:05:00,898 in modernizing trains and shoring up existing infrastructure. 117 00:05:00,994 --> 00:05:03,714 And introduced the capital's first metrobus rapid 118 00:05:03,762 --> 00:05:06,678 transit system. Then expanded it and added 119 00:05:06,734 --> 00:05:09,542 electrical lines to reduce the pollution that was 120 00:05:09,566 --> 00:05:12,422 being caused. And in 2023, she stepped down 121 00:05:12,446 --> 00:05:15,382 as Mexico City mayor to seek A run for 122 00:05:15,406 --> 00:05:18,358 presidency as a candidate for Moreno, which is the party 123 00:05:18,414 --> 00:05:21,286 that Lopez Obrador founded. Um, she's the ideological 124 00:05:21,318 --> 00:05:24,310 successor to Lopez Obrador. They are very much been in line 125 00:05:24,350 --> 00:05:27,046 and she, he's been grooming her to step up and 126 00:05:27,198 --> 00:05:30,022 take a larger role after you step down. Which, 127 00:05:30,126 --> 00:05:33,078 considering how popular it was, I was questioning if he would walk away. But it's 128 00:05:33,094 --> 00:05:36,062 a big thing for a guy, for a person with that 129 00:05:36,086 --> 00:05:37,774 much power to step away when they're that popular. 130 00:05:37,822 --> 00:05:40,702 >> Katie: I have to say, I feel like that's definitely a testament of 131 00:05:40,726 --> 00:05:41,358 character. 132 00:05:41,454 --> 00:05:44,142 >> Zach: Yeah. But she is, she does have some major differences from 133 00:05:44,166 --> 00:05:47,166 Lopez Obrador. He was very big into oil and 134 00:05:47,238 --> 00:05:49,918 trying to increase, uh, the oil output in Mexico. 135 00:05:50,014 --> 00:05:52,654 Wasn't very concerned with the climate. Whereas Claudia, 136 00:05:52,702 --> 00:05:55,680 Claudia Scheinbaum is much more focused on, um, 137 00:05:55,680 --> 00:05:58,558 the environment with her IPCC credentials and 138 00:05:58,614 --> 00:06:01,542 pushing for mass transit and getting away 139 00:06:01,566 --> 00:06:04,326 from polluting fossil fuels and subsidizing renewable 140 00:06:04,358 --> 00:06:07,094 energy. She has promised to boost renewable energy investment 141 00:06:07,182 --> 00:06:09,686 by, um, $13.57 142 00:06:09,919 --> 00:06:12,326 billion. So she's a new 143 00:06:12,398 --> 00:06:15,350 trajectory for Mexico, but the same has 144 00:06:15,390 --> 00:06:17,590 the, some of the same popular populist 145 00:06:17,670 --> 00:06:20,326 tendencies. So it'll be interesting to see where she leaves 146 00:06:20,358 --> 00:06:23,238 Mexico, whether she goes more environmentally focused or 147 00:06:23,294 --> 00:06:26,278 if she's able to stay that road or if balancing the economy 148 00:06:26,334 --> 00:06:29,190 is going to be more difficult, especially with the on again, 149 00:06:29,230 --> 00:06:31,478 off again tariffs that she can't predict. 150 00:06:31,574 --> 00:06:34,310 >> Katie: Yeah, I mean, I feel a little bit better knowing what I 151 00:06:34,350 --> 00:06:36,886 do about everything that's

been going on with 152 00:06:36,958 --> 00:06:39,702 Canada and the U.S. obviously 153 00:06:39,766 --> 00:06:42,742 with our environmental policies. So knowing that at 154 00:06:42,766 --> 00:06:45,574 least somebody in one of the three North American 155 00:06:45,742 --> 00:06:48,662 countries cares about the environment makes 156 00:06:48,686 --> 00:06:51,542 me feel, hey, you know what? We'll take one out of three better 157 00:06:51,566 --> 00:06:53,094 than none out of three. So. 158 00:06:53,182 --> 00:06:56,048 >> Zach: Yeah, well, going to be a heavy burden to steer because 159 00:06:56,104 --> 00:06:58,896 Mexico is currently the 11th largest 160 00:06:58,928 --> 00:07:00,380 oil producer in the world, 161 00:07:00,760 --> 00:07:03,760 extracting. Yeah, extracting 1.6 billion 162 00:07:03,800 --> 00:07:05,984 barrels of crude oil a day in 2022. 163 00:07:06,072 --> 00:07:08,944 >> Katie: Oh, my gravy. Okay. Yeah, we're, we're in the 164 00:07:08,952 --> 00:07:10,272 major leagues now. Okay. 165 00:07:10,336 --> 00:07:13,184 >> Zach: Yeah. Also among the largest natural gas importers in the 166 00:07:13,192 --> 00:07:15,520 world. Probably a lot from the US Lopez, uh, 167 00:07:15,888 --> 00:07:18,384 Obrador is heavily committed to growing the oil sector. 168 00:07:18,552 --> 00:07:21,056 And that is not the way that Claudia 169 00:07:21,088 --> 00:07:22,390 Sheinbaum wants to go. 170 00:07:22,480 --> 00:07:23,830 >> Katie: Oh, thank goodness for that. 171 00:07:24,450 --> 00:07:27,402 >> Zach: We'll have to see how she's weighing that. During her campaign, she committed to 172 00:07:27,426 --> 00:07:29,930 generating 45% of Mexico's electricity from 173 00:07:29,970 --> 00:07:32,762 renewable resources by 2030, which is, 174 00:07:32,946 --> 00:07:35,690 it's a big step, especially considering they're at 175 00:07:35,730 --> 00:07:37,114 24% right now. 176 00:07:37,202 --> 00:07:38,602 >> Katie: Yeah, that's big going. 177 00:07:38,706 --> 00:07:39,722 >> Zach: Go bold or go home. 178 00:07:39,746 --> 00:07:42,682 >> Katie: You know hell better than America. I feel like we bumped the 179 00:07:42,706 --> 00:07:45,546 new goal by 2% or five years every 180 00:07:45,618 --> 00:07:46,330 two years. 181 00:07:46,450 --> 00:07:49,306 >> Zach: So they're like, what happens? A 1% improvement in a year. 182 00:07:49,378 --> 00:07:52,026 >> Katie: I know, I know. At first it was 1 degree Celsius, now it's 183 00:07:52,058 --> 00:07:55,014 1.5 degrees. And then it was, well, we'll get it by 20. Then it 184 00:07:55,022 --> 00:07:57,830 was, well, we'll get it by 2030. Now it's 2050. 185 00:07:57,950 --> 00:08:00,262 So let's hope we get it before 2100. 186 00:08:00,366 --> 00:08:01,990 >> Zach: Keep those goal posts right. 187 00:08:02,030 --> 00:08:03,894 >> Katie: Yeah. Never let them know your next move. 188 00:08:03,982 --> 00:08:06,960 >> Zach: Shine bomb. She's really committed to evs, and she, uh, 189 00:08:07,150 --> 00:08:09,638 wants Mexico to produce its own EV called the 190 00:08:09,694 --> 00:08:12,662 Olinea, which is supposed to be a car that's $25,000 and 191 00:08:12,686 --> 00:08:15,238 compete with regular ICE vehicles in Mexico. 192 00:08:15,334 --> 00:08:17,238 >> Katie: I'd drive it. Yeah. 193 00:08:17,254 --> 00:08:20,230 >> Zach: I'd be interested to see the specs, see how that's a pretty affordable car 194 00:08:20,270 --> 00:08:21,318 for a new car and. 195 00:08:21,374 --> 00:08:22,550 >> Katie: For sure. Yeah. 196 00:08:22,630 --> 00:08:25,526 >> Zach: Just got to see how good that range is because that's usually 197 00:08:25,558 --> 00:08:27,158 the tricky part with these cheap EVs. 198 00:08:27,254 --> 00:08:29,846 >> Katie: One particular Muskrat who, uh, is 199 00:08:29,918 --> 00:08:32,650 writhing at the prospect of a competitive. 200 00:08:33,150 --> 00:08:35,878 >> Zach: Oh, yeah, uh, she's planning to continue 201 00:08:35,934 --> 00:08:38,838 expanding passenger rail, and she will. She's 202 00:08:38,854 --> 00:08:41,686 not going to overhaul AMLO's infrastructure projects. So 203 00:08:41,758 --> 00:08:44,486 for those who don't know, Mexico has done a lot, 204 00:08:44,558 --> 00:08:47,462 is working on some major rail projects. These are probably 205 00:08:47,526 --> 00:08:50,202 very good things if you enjoy visiting Mexico and if you enjoy 206 00:08:50,326 --> 00:08:53,090 efficient shipping. Correct. So 207 00:08:53,130 --> 00:08:55,490 Mexico is built a, um, a 208 00:08:55,530 --> 00:08:58,418 corridor around Cancun to 209 00:08:58,474 --> 00:09:00,130 go and visit different, um, 210 00:09:01,130 --> 00:09:03,794 Aztec and. Or different Mayan temples. 211 00:09:03,842 --> 00:09:06,466 Mayas were in the Yucatan. Aztecs were in 212 00:09:06,538 --> 00:09:09,440 Mexico City. So visiting different Mayan, uh, 213 00:09:09,474 --> 00:09:12,290 temples and historical sites and basically just trying 214 00:09:12,330 --> 00:09:15,234 to boost tourism throughout the larger Yucatan 215 00:09:15,282 --> 00:09:17,618 region. For those who don't know, I have a fun. 216 00:09:17,674 --> 00:09:20,434 >> Katie: Fact, Zach. Fact. Zach, fact. 217 00:09:20,602 --> 00:09:23,602 >> Zach: So the word Aztec is made up. That 218 00:09:23,626 --> 00:09:26,242 is a modern term. The people we call the 219 00:09:26,266 --> 00:09:29,122 Aztecs call themselves the Mexicans, which 220 00:09:29,146 --> 00:09:31,010 is where we get Mexico from. 221 00:09:31,130 --> 00:09:32,690 >> Katie: Interesting. I didn't know that. 222 00:09:32,730 --> 00:09:35,650 >> Zach: Yeah. Yeah. And Alexander von Humboldt 223 00:09:35,730 --> 00:09:38,690 was the one who coined the term Aztec in 1810 224 00:09:38,810 --> 00:09:41,778 as a collective term applied to people linked to the 225 00:09:41,834 --> 00:09:44,764 trade, custom, religion and language. The M. Mexica 226 00:09:44,812 --> 00:09:47,708 States and the Triple alliance, which is all based around 227 00:09:47,764 --> 00:09:48,476

Mexico City. 228 00:09:48,548 --> 00:09:51,372 >> Katie: Wonder where that, like, what was. Like, why that word I 229 00:09:51,396 --> 00:09:53,036 wonder, like, what, like does that. 230 00:09:53,108 --> 00:09:55,996 >> Zach: My understanding was this. They just needed something different because they were like, 231 00:09:56,068 --> 00:09:59,052 we can't call them Mexicans because there's Mexicans 232 00:09:59,116 --> 00:09:59,628 today. 233 00:09:59,764 --> 00:10:02,620 >> Katie: So it was like their version of like when they would say 234 00:10:02,660 --> 00:10:04,860 oriental, which is no longer, um, 235 00:10:05,380 --> 00:10:08,348 the correct word. How interesting. Oh 236 00:10:08,364 --> 00:10:11,206 my gosh. They came up with like their version 237 00:10:11,238 --> 00:10:13,958 of Hispanic. What the heck? My 238 00:10:14,014 --> 00:10:14,730 gosh. 239 00:10:15,310 --> 00:10:18,022 >> Zach: Yeah. Gotta differentiate in history. 240 00:10:18,206 --> 00:10:21,094 >> Katie: Well that, what a fun Zach fact. Thank you 241 00:10:21,102 --> 00:10:22,342 for that. Wow. 242 00:10:22,486 --> 00:10:23,478 >> Zach: Hope you enjoyed that. 243 00:10:23,534 --> 00:10:24,850 >> Katie: I did, thank you. 244 00:10:26,190 --> 00:10:29,094 >> Zach: So shinebomb is also planning to, uh, continue 245 00:10:29,182 --> 00:10:32,182 the rail project called the Isthmus 246 00:10:32,246 --> 00:10:34,280 of I'm gonna slaughter this Tehuatepec, uh, 247 00:10:35,414 --> 00:10:38,282 interoceanic corridor. That was definitely the 248 00:10:38,306 --> 00:10:40,250 wrong pronunciation, but I don't know how to say that. 249 00:10:40,290 --> 00:10:43,066 >> Katie: Hey, that's way better than I'd have done. So that 250 00:10:43,138 --> 00:10:46,090 sounds good to me, sounding like a native speaker, in my 251 00:10:46,130 --> 00:10:46,910 opinion. 252 00:10:47,490 --> 00:10:50,250 >> Zach: And, uh, this is supposed to be a rail line to supplement the 253 00:10:50,290 --> 00:10:52,986 Panama Canal. It's going to cost an estimated 254 00:10:53,018 --> 00:10:55,866 $2.8 billion, which is, you know, engineer estimates 255 00:10:55,898 --> 00:10:58,522 never really hold. It's going to be a 188 mile 256 00:10:58,586 --> 00:11:01,364 corridor connecting the Pacific and, and the 257 00:11:01,372 --> 00:11:04,292 Gulf of America, Mexico, I don't know, whatever you want 258 00:11:04,316 --> 00:11:06,004 to call that place. 259 00:11:06,172 --> 00:11:08,850 There'll, 260 00:11:08,850 --> 00:11:11,716 um, be able to handle 1.4 million 261 00:11:11,868 --> 00:11:14,180 20 foot equivalent units annually by 262 00:11:14,220 --> 00:11:16,932 2033. For reference, the Panama 263 00:11:16,996 --> 00:11:19,732 Canal currently handles 8 million TEUs 264 00:11:19,796 --> 00:11:22,724 annually. So it'll be, it's not going to be able to replace the 265 00:11:22,732 --> 00:11:25,460 Panama Canal, but it'll be a nice supplement. And you know 266 00:11:25,500 --> 00:11:28,372 those testy, uh, supply chains, you always 267 00:11:28,396 --> 00:11:31,340 want to improve those and get those moving a little faster. So always 268 00:11:31,380 --> 00:11:32,844 appreciate extra infrastructure. 269 00:11:32,892 --> 00:11:35,756 >> Katie: Yeah, I know nothing about numbers, but I do know those are some big numbers. 270 00:11:35,788 --> 00:11:36,828 Let's go big numbers. 271 00:11:36,924 --> 00:11:39,644 >> Zach: Mexico is currently grappling with a severe drought 272 00:11:39,772 --> 00:11:42,572 that began in 2011 and has been getting worse and 273 00:11:42,596 --> 00:11:45,596 worse. A lot of scientists blame climate change and 274 00:11:45,668 --> 00:11:48,524 up to 71% of the national territory 275 00:11:48,572 --> 00:11:51,564 has high or very high water stress. So that's part 276 00:11:51,572 --> 00:11:54,188 of the reason Kilodi shine bombs and focus on, um, water 277 00:11:54,244 --> 00:11:56,928 resilience and improving water infrastructure. Between 278 00:11:56,984 --> 00:11:59,712 2001 and 2022, an annual average of 279 00:11:59,736 --> 00:12:02,592 208,000 hectares of forest vegetation was 280 00:12:02,616 --> 00:12:05,472 lost nationwide. And Mexico's economy is the 281 00:12:05,496 --> 00:12:08,432 12th largest in the world, uh, by GP, and the 282 00:12:08,456 --> 00:12:11,456 second largest in Latin America. I believe that's 283 00:12:11,488 --> 00:12:12,528 following Brazil. 284 00:12:12,624 --> 00:12:13,728 >> Katie: That would make sense. 285 00:12:13,824 --> 00:12:16,592 >> Zach: So Mexico is a critical component 286 00:12:16,656 --> 00:12:19,504 of the North South America 287 00:12:19,552 --> 00:12:22,370 trade and it could be a unifi. 288 00:12:22,520 --> 00:12:25,358 Unifier, uh, in Atlantic Pacific trade across 289 00:12:25,414 --> 00:12:28,414 the, uh, regions and connecting the east coast of the US to 290 00:12:28,422 --> 00:12:31,278 the west coast of the US which would be very beneficial, especially 291 00:12:31,334 --> 00:12:34,270 with the fears of China taking over the Panama Canal. Even 292 00:12:34,310 --> 00:12:36,670 though Trump seems to have, uh, scared them straight. 293 00:12:36,750 --> 00:12:39,422 >> Katie: Yeah, he. He whipped out his favorite little T word, 294 00:12:39,486 --> 00:12:42,222 and it was all quiet on 295 00:12:42,246 --> 00:12:45,118 the. What eastern front? I have no idea. It doesn't 296 00:12:45,134 --> 00:12:45,406 matter. 297 00:12:45,478 --> 00:12:46,078 >> Zach: Southern front. 298 00:12:46,134 --> 00:12:48,942 >> Katie: Yeah. Yeah. Which. Yeah. Which front is it now? All of 299 00:12:48,966 --> 00:12:50,476 them. On all the fronts. 300 00:12:50,598 --> 00:12:50,976 >> Zach: Done. 301 00:12:51,048 --> 00:12:53,760 >> Katie: Do we have enemies on. Is there anywhere where we don't have 302 00:12:53,800 --> 00:12:56,384 enemies? Is there a front where there's not a problem? 303 00:12:56,552 --> 00:12:57,664 No. Okay. 304 00:12:57,792 --> 00:13:00,736 >> Zach: All right. Um, trade with Mexico.

Mexico 305 00:13:00,768 --> 00:13:03,680 was United States top trading partner in 2024 with 306 00:13:03,720 --> 00:13:05,712 $840 billion in trade. 307 00:13:05,816 --> 00:13:07,152 >> Katie: Are, ah, you serious? 308 00:13:07,296 --> 00:13:09,808 >> Zach: Yeah, they're a major trade 309 00:13:09,864 --> 00:13:12,640 partner. And in 2023, they're 807 310 00:13:12,680 --> 00:13:15,344 billion. So it's increasing currently. Canada totaled 311 00:13:15,392 --> 00:13:18,018 782 billion, while trade with China 312 00:13:18,074 --> 00:13:19,874 totaled 576 billion. 313 00:13:19,962 --> 00:13:22,914 >> Katie: Okay, now, whoa, whoa. Okay. So if 314 00:13:22,922 --> 00:13:25,714 you'd have asked me, like, at any given time 315 00:13:25,802 --> 00:13:28,754 in any given year, who I thought traded the 316 00:13:28,762 --> 00:13:30,482 most with the US it would have been China. 317 00:13:30,586 --> 00:13:33,474 >> Zach: Tariffs are effective at making people not want to 318 00:13:33,482 --> 00:13:36,258 buy stuff from that country and making you not want to import 319 00:13:36,314 --> 00:13:39,074 stuff. So they do work. It is effective. 320 00:13:39,202 --> 00:13:42,114 But we are now tariffing our two largest trading 321 00:13:42,162 --> 00:13:44,960 partners who are our neighbors and are, uh, 322 00:13:45,202 --> 00:13:47,978 very interconnected with our entire 323 00:13:48,074 --> 00:13:48,874 economic system. 324 00:13:48,962 --> 00:13:51,866 >> Katie: Zach, I really feel like you just sprung a trap on me, because 325 00:13:51,938 --> 00:13:54,634 with that exclamation, I think I proved the entire 326 00:13:54,682 --> 00:13:57,610 crux of your whole episode. Wow. That is 327 00:13:57,650 --> 00:14:00,074 like. That's. Wow. I'm honestly 328 00:14:00,122 --> 00:14:03,002 speechless. That's. Wow. Okay, well, thanks for 329 00:14:03,026 --> 00:14:05,978 listening to Green Tea Party Radio. If you want to hear our show on your college 330 00:14:05,994 --> 00:14:08,890 radio station. Uh, yeah, no, that is. That's like, 331 00:14:08,930 --> 00:14:10,450 genuinely crazy. That is. 332 00:14:10,530 --> 00:14:10,738 >> Zach: Yeah. 333 00:14:10,754 --> 00:14:13,730 >> Katie: And that makes me wonder, like, you. And I'm sure you'll get into 334 00:14:13,770 --> 00:14:16,690 it here in a minute, but, uh, if we had that impact with 335 00:14:16,730 --> 00:14:19,554 China, and 336 00:14:19,642 --> 00:14:22,482 if I assume it would have this impact with Mexico and 337 00:14:22,506 --> 00:14:25,362 Canada, then would we just not get those goods? Or 338 00:14:25,386 --> 00:14:28,114 is there, like, a dark horse or a fourth country 339 00:14:28,202 --> 00:14:31,010 that would eek its way 340 00:14:31,050 --> 00:14:33,746 into the top three somehow if these two get pushed 341 00:14:33,778 --> 00:14:36,558 down. Anywho, I'm not going to go into that. That's a little speculative. 342 00:14:36,674 --> 00:14:38,550 I'll let you take this episode where. 343 00:14:38,590 --> 00:14:41,526 >> Zach: You lot of trade policy. We could probably do a whole trade policy 344 00:14:41,598 --> 00:14:44,342 and tariff episode, discuss how that will impact the 345 00:14:44,366 --> 00:14:46,166 US And a crystal. 346 00:14:46,198 --> 00:14:48,662 >> Katie: Ball episode where we make our crazy economic 347 00:14:48,766 --> 00:14:49,494 prediction. 348 00:14:49,622 --> 00:14:52,374 >> Zach: So Mexico's a critical trade partner, and there are 349 00:14:52,382 --> 00:14:54,822 times that products will cross the border 350 00:14:54,966 --> 00:14:57,814 seven times between US, Mexico and 351 00:14:57,902 --> 00:15:00,694 Canadian borders, especially for vehicles 352 00:15:00,822 --> 00:15:03,610 where, like engine parts, car seats, they all go through 353 00:15:03,650 --> 00:15:06,522 different steps along the process with different companies specializing in 354 00:15:06,546 --> 00:15:09,466 different tasks. So that's part of the way that global trade 355 00:15:09,538 --> 00:15:12,314 works, is that you'll have factories that specialize 356 00:15:12,362 --> 00:15:15,130 in one very critical thing, and then that 357 00:15:15,170 --> 00:15:18,026 product will just travel numerous times or stuff will be shipped 358 00:15:18,058 --> 00:15:20,490 across borders to get a complete 359 00:15:20,570 --> 00:15:21,098 product. 360 00:15:21,234 --> 00:15:22,538 >> Katie: Wow, that is crazy. 361 00:15:22,634 --> 00:15:25,242 >> Zach: So Trump has demanded drug and immigration 362 00:15:25,306 --> 00:15:27,994 issues must face, uh, be handled or they will face. 363 00:15:28,082 --> 00:15:30,788 Or Mexico will face steep tariffs which would 364 00:15:30,844 --> 00:15:33,572 significantly damage Mexico's economy due to the high 365 00:15:33,596 --> 00:15:36,516 interconnection of our two economies and how much more reliant they are 366 00:15:36,588 --> 00:15:38,932 on us than we are on them. So it's a very 367 00:15:39,036 --> 00:15:41,828 imbalanced partnership, and Trump views 368 00:15:41,844 --> 00:15:44,740 that as a negative because we have a trade 369 00:15:44,780 --> 00:15:47,040 imbalance with them. But that's a very 370 00:15:48,620 --> 00:15:51,332 win, winner take all kind of look on things where 371 00:15:51,356 --> 00:15:53,972 it's. Whereas I always take the view of 372 00:15:54,156 --> 00:15:56,940 capitalism of a good economy, good 373 00:15:56,980 --> 00:15:59,948 fortune, good tides, raise all boats. There 374 00:16:00,004 --> 00:16:02,428 doesn't have to be a loser. You can be two winners. Yeah. 375 00:16:02,524 --> 00:16:05,372 >> Katie: And, and I don't know. Well, and I think for me, as, as 376 00:16:05,396 --> 00:16:08,300 I hear that, what concerns me more is 377 00:16:08,340 --> 00:16:11,100 that it's a criminal justice major. I hate saying 378 00:16:11,140 --> 00:16:14,044 shit like that, but I mean, Trump has this, 379 00:16:14,132 --> 00:16:17,132 this idea that because he said, hey, Mexico, you 380 00:16:17,156 -->

00:16:20,012 guys have a drug and an immigration problem and a 381 00:16:20,036 --> 00:16:22,988 crime problem, that Mexico's gonna go. We did. Oh, my God. Thank 382 00:16:23,004 --> 00:16:25,500 you for pointing that out, President Trump. We are going to address that. 383 00:16:25,540 --> 00:16:28,520 Right. No idea that 384 00:16:28,560 --> 00:16:31,432 this was at all a problem until you mentioned something 385 00:16:31,456 --> 00:16:34,424 about a tariff. This is, uh, thank you, sir. So, like, I 386 00:16:34,432 --> 00:16:37,416 don't know what he thinks would have changed to 387 00:16:37,488 --> 00:16:40,136 equip Mexico to fix 388 00:16:40,248 --> 00:16:43,192 the issue, assuming that this is an issue they'd want 389 00:16:43,216 --> 00:16:46,184 to fix all along in the first place. So, I mean, 390 00:16:46,272 --> 00:16:49,160 you've got the issue of if they're even going to be 391 00:16:49,200 --> 00:16:51,992 at a greater economic disadvantage. I really don't know how they 392 00:16:52,016 --> 00:16:54,870 could fix this problem in the first place. And then you've also 393 00:16:54,910 --> 00:16:57,702 got the issue of, well, if these problems exist because the 394 00:16:57,726 --> 00:17:00,422 entire government and criminal justice system in 395 00:17:00,446 --> 00:17:03,222 Mexico is corrupt, then you're just preaching to the choir 396 00:17:03,286 --> 00:17:06,278 at that point. Like, the people who have the ability to change it 397 00:17:06,334 --> 00:17:09,270 know that there's a problem and don't care. So I don't really know, 398 00:17:09,310 --> 00:17:11,814 like, what that looks like in Mexican 399 00:17:11,862 --> 00:17:14,582 diplomacy to Trump to fix it, because they 400 00:17:14,606 --> 00:17:15,062 haven't. 401 00:17:15,126 --> 00:17:17,782 >> Zach: Yeah. In a country where political candidates get offed 402 00:17:17,846 --> 00:17:18,694 consistently. 403 00:17:18,822 --> 00:17:19,222 >> Katie: Yeah. 404 00:17:19,286 --> 00:17:22,106 >> Zach: Like it's hard to take a stand. And 405 00:17:22,178 --> 00:17:25,082 it's a difficult question. There is no known right answer 406 00:17:25,146 --> 00:17:28,042 to solving this. Although I do think legalizing marijuana and 407 00:17:28,066 --> 00:17:30,762 taking that away as an income source, maybe having some 408 00:17:30,786 --> 00:17:33,786 stricter ability to track the guns that are crossing 409 00:17:33,818 --> 00:17:36,714 the border and reduce that would help. 410 00:17:36,802 --> 00:17:39,610 But they're, they are very armed and very 411 00:17:39,650 --> 00:17:42,586 dangerous cartels down there. It is. Is it worth 412 00:17:42,618 --> 00:17:45,354 designating them as terrorists and kicking a horn's nest and 413 00:17:45,442 --> 00:17:48,366 causing international crisis by doing strikes 414 00:17:48,398 --> 00:17:50,490 in Mexico, as some 415 00:17:50,870 --> 00:17:53,822 proponents have proposed? I think that's a little crazy, 416 00:17:53,886 --> 00:17:55,390 but crazier things have happened. 417 00:17:55,470 --> 00:17:58,334 >> Katie: Yeah. And I would probably think it was less crazy if they weren't our 418 00:17:58,342 --> 00:18:01,294 next door neighbor. Um, because it's one thing to fire a rocket at somebody on 419 00:18:01,302 --> 00:18:04,254 the other side of the world. It's another thing to fire a rocket at a 420 00:18:04,262 --> 00:18:06,942 guy who could feasibly drive up to where I'm at in a day. 421 00:18:07,046 --> 00:18:09,854 So, I mean, there's that first and foremost. 422 00:18:09,982 --> 00:18:12,942 But I don't know. I just don't know. I don't know. I don't know 423 00:18:12,966 --> 00:18:15,902 what that would look like. And I mean, I'm of the opinion, and, uh, I don't know that this 424 00:18:15,926 --> 00:18:18,896 is a conservative opinion. I don't know whether or not you. 425 00:18:18,968 --> 00:18:21,856 I don't know what political alignment this opinion is. 426 00:18:21,928 --> 00:18:24,928 I'm of the opinion that a good 427 00:18:24,984 --> 00:18:27,952 portion of drugs should probably be legalized and 428 00:18:27,976 --> 00:18:29,860 then regulated and taxed. 429 00:18:30,310 --> 00:18:32,048 >> Zach: Uh, libertarian opinion. Except for the tax. Yeah. 430 00:18:32,064 --> 00:18:34,864 >> Katie: Okay. Yeah. There, there. Lo and behold, ladies and 431 00:18:34,872 --> 00:18:37,648 gentlemen, Katie found a new political party right in the middle of Green 432 00:18:37,664 --> 00:18:40,608 Tea Party Radio. Sorry for future production issues, 433 00:18:40,744 --> 00:18:43,536 but, but yeah, no, I guess that that would be the libertarian 434 00:18:43,568 --> 00:18:46,200 opinion, but really I think that it would take a 435 00:18:46,240 --> 00:18:48,744 decriminalization and then a regulation and a 436 00:18:48,752 --> 00:18:51,688 taxation of drugs to cause that 437 00:18:51,744 --> 00:18:54,632 issue to begin to go. To even begin to go 438 00:18:54,656 --> 00:18:56,072 away, to. 439 00:18:56,096 --> 00:18:58,504 >> Zach: Take away their income streams and reduce their 440 00:18:58,592 --> 00:19:01,112 reliance on cartels. I think another. 441 00:19:01,216 --> 00:19:03,752 >> Katie: Yeah, and I mean, and I would want to do that before we start 442 00:19:03,856 --> 00:19:06,760 nuking them. Um, but as you were saying. Sorry. 443 00:19:06,840 --> 00:19:09,496 >> Zach: I also believe in the, um, economic theory of a rising 444 00:19:09,528 --> 00:19:12,312 tide raises all votes. And I believe my 445 00:19:12,336 --> 00:19:15,208 dream would be that our two neighbors would be two, 446 00:19:15,344 --> 00:19:18,120 the second and third largest economies in the world. And 447 00:19:18,160 --> 00:19:20,472 people wouldn't need to immigrate here. People wouldn't need to join the 448 00:19:20,496 --> 00:19:23,336 cartels because the economy works 449 00:19:23,368 --> 00:19:26,232 down there and there's jobs that they can get out of high 450 00:19:26,256 --> 00:19:29,160 school, out of college, that

there's factories there that they can go work 451 00:19:29,200 --> 00:19:32,040 in. And work with our, uh, with America and 452 00:19:32,080 --> 00:19:34,968 producing products that can be then exported to the rest of the world. 453 00:19:35,024 --> 00:19:37,608 I think we need to be working as partners, not 454 00:19:37,664 --> 00:19:39,688 antagonizing them and treating them as enemies. 455 00:19:39,784 --> 00:19:42,562 >> Katie: So I'm probably about to reveal my 456 00:19:42,696 --> 00:19:45,470 Western privilege here and demonstrate just how 457 00:19:45,510 --> 00:19:48,382 uneducated I am as an American. But I 458 00:19:48,406 --> 00:19:51,230 feel like. And this is something that maybe just nobody has ever 459 00:19:51,270 --> 00:19:53,982 bothered to do, I feel like you hear a lot about the 460 00:19:54,006 --> 00:19:56,862 model Arab League or, uh, well, uh, wow, did 461 00:19:56,886 --> 00:19:59,854 I just show my hand as to which group I was in in college? I 462 00:19:59,862 --> 00:20:02,526 feel like you hear a lot about the Arab League and the United 463 00:20:02,598 --> 00:20:05,246 nations and the European Union, but you 464 00:20:05,318 --> 00:20:08,166 really don't hear a lot about, like, 465 00:20:08,278 --> 00:20:11,126 a North American alliance where Canada and Mexico 466 00:20:11,158 --> 00:20:13,910 and the United States, like, frequently meet and work with each 467 00:20:13,950 --> 00:20:16,326 other to strategize economic 468 00:20:16,478 --> 00:20:19,462 diplomacy. And I don't know why the number one nation in 469 00:20:19,486 --> 00:20:22,166 the world would not want to talk to its northern and 470 00:20:22,238 --> 00:20:24,518 southern neighbors to figure out how to become even 471 00:20:24,574 --> 00:20:27,510 stronger. I mean, I just feel like we're so 472 00:20:27,550 --> 00:20:30,502 invested in what, like, groups of countries in the 473 00:20:30,526 --> 00:20:33,382 Middle east and in Africa and in Europe are 474 00:20:33,406 --> 00:20:36,390 doing that we completely forget that we are technically in our 475 00:20:36,430 --> 00:20:37,430 own group of countries. 476 00:20:37,550 --> 00:20:40,398 >> Zach: Yeah. So there was an initiative at some point 477 00:20:40,454 --> 00:20:43,182 in South America to 478 00:20:43,366 --> 00:20:46,170 have a union of South American nations, and 479 00:20:47,030 --> 00:20:49,390 they're trying to work together. But 480 00:20:49,430 --> 00:20:52,382 it's. A lot of. A lot of countries are very 481 00:20:52,406 --> 00:20:54,878 independent down there. A lot of countries have very differing political 482 00:20:54,934 --> 00:20:57,550 views. And with North America, it really is 483 00:20:57,590 --> 00:21:00,510 just. The US Just doesn't really care 484 00:21:00,550 --> 00:21:03,454 for the opinions of other countries. And 485 00:21:03,462 --> 00:21:06,206 we. They're like, we dictate to you. We don't want to really hear 486 00:21:06,278 --> 00:21:09,212 your opinions. But I feel like we could maintain 487 00:21:09,276 --> 00:21:12,252 a more beneficial relationship by working together. 488 00:21:12,356 --> 00:21:15,036 >> Katie: I feel like. I feel like, in America's 489 00:21:15,068 --> 00:21:17,740 mind, Canada is your annoying 490 00:21:17,820 --> 00:21:18,860 millennial uncle. 491 00:21:18,940 --> 00:21:21,612 He's, like, kind of cringy, but super polite. 492 00:21:21,756 --> 00:21:24,620 And then Mexico is the little brother that 493 00:21:24,660 --> 00:21:27,320 your mom forced you to take to the playground with you. 494 00:21:27,780 --> 00:21:30,556 And so I, like. I genuinely feel like that is what the United 495 00:21:30,628 --> 00:21:33,580 States thinks about Canada and Mexico. They're like, I don't want to be here with 496 00:21:33,620 --> 00:21:36,342 either of these people. Um, and it's just easier for me to 497 00:21:36,366 --> 00:21:39,270 ignore them at the Thanksgiving table to try to engage with them. 498 00:21:39,390 --> 00:21:42,374 And I feel like if we're going to engage with them at all, this is not the 499 00:21:42,382 --> 00:21:44,678 way to go about it. I don't think these tariffs are in it. 500 00:21:44,734 --> 00:21:47,542 >> Zach: Yeah. Yeah. And I think one thing Trump has 501 00:21:47,566 --> 00:21:50,550 effectively done is instituted a state of fear 502 00:21:50,630 --> 00:21:53,462 in, in our neighbors, which I don't think is a good 503 00:21:53,486 --> 00:21:56,070 thing. But it has reduced immigration encounters 504 00:21:56,150 --> 00:21:58,838 by 70 to 80%, which I guess will 505 00:21:58,894 --> 00:22:01,702 happen when people are, when you're threatening to send people across the 506 00:22:01,726 --> 00:22:04,648 border to a mass, ah, prisons in El Salvador that don't 507 00:22:04,664 --> 00:22:07,640 have any, uh, due process. So there's, There 508 00:22:07,680 --> 00:22:10,136 is this. He's reduced immigration. It is 509 00:22:10,208 --> 00:22:12,776 cruel, but it is working. But that's 510 00:22:12,808 --> 00:22:15,800 also is reduce immigration. The end all, be 511 00:22:15,840 --> 00:22:18,648 all. Should we be working on reducing legal immigration 512 00:22:18,664 --> 00:22:21,592 and open up pathways to legal immigration? I would love 513 00:22:21,616 --> 00:22:24,584 to have a policy of allowing immigrants who 514 00:22:24,592 --> 00:22:27,496 want to come and work in construction, building more houses and upping 515 00:22:27,528 --> 00:22:30,120 that supply, giving them some kind of visa for 516 00:22:30,160 --> 00:22:30,558 work. 517 00:22:30,664 --> 00:22:33,650 >> Katie: Well, and I mean, I feel like this is something that a lot of 518 00:22:33,690 --> 00:22:36,594 Republicans have neglected to talk about. I would even say a 519 00:22:36,602 --> 00:22:39,586 lot of conservatives, to be fair. Um, and it's one of my favorite 520 00:22:39,618 --> 00:22:42,578 Reagan clips of all time. And maybe I'm a little biased in saying that 521 00:22:42,634 --> 00:22:45,346 because I'm,

what, third, 522 00:22:45,418 --> 00:22:48,418 fourth generation Polish immigrant, literally 50% 523 00:22:48,474 --> 00:22:51,314 Polish. But there's this incredible Reagan clip 524 00:22:51,362 --> 00:22:54,274 where he's explaining that, like, you can go to Germany, but you're not 525 00:22:54,282 --> 00:22:57,232 a German. You can go to Russia, but you're not a Russian. You can 526 00:22:57,256 --> 00:23:00,032 go to Canada, but you're not a Canadian. But if you come to the 527 00:23:00,056 --> 00:23:02,880 United States, you can be an American. And this 528 00:23:02,920 --> 00:23:05,600 whole country is founded on the principle of 529 00:23:05,720 --> 00:23:08,672 going somewhere in search of the best life imaginable, if 530 00:23:08,696 --> 00:23:10,420 you choose to build it for yourself. 531 00:23:10,920 --> 00:23:12,336 >> Zach: Manifest destiny. 532 00:23:12,448 --> 00:23:15,392 >> Katie: I mean, look, that's what some folks call it. But I really 533 00:23:15,416 --> 00:23:18,144 do think that America up until maybe like 534 00:23:18,232 --> 00:23:21,152 20 years ago was the place where you went if 535 00:23:21,176 --> 00:23:24,112 you wanted to live the best life in the world. And to be honest, like, you 536 00:23:24,136 --> 00:23:26,992 can still live a really, really good life here, obviously. But, 537 00:23:27,000 --> 00:23:29,932 uh, I mean, we can get into specifics. We don't have the time on 538 00:23:29,956 --> 00:23:32,892 a show like this. But I feel like to suddenly 539 00:23:32,956 --> 00:23:35,708 say that people who are not 540 00:23:35,764 --> 00:23:38,540 like the cartel, okay, sure, they broke the law 541 00:23:38,580 --> 00:23:41,532 by coming here, but they go to work every day, they 542 00:23:41,556 --> 00:23:43,980 go to church, they send their kids to school, they pay their 543 00:23:44,020 --> 00:23:46,956 taxes, they file their working visa, whatever, 544 00:23:47,068 --> 00:23:50,060 to send those people home to a place that you know is not as 545 00:23:50,100 --> 00:23:52,668 good as us without even giving them the 546 00:23:52,724 --> 00:23:55,644 opportunity to like, okay, do you, do you want to be deported or do you want to 547 00:23:55,652 --> 00:23:58,614 stay here? Well, if you want to stay here, you have to become a citizen. Do you want to become a 548 00:23:58,622 --> 00:24:01,430 citizen or do you want to get deported. Like, to me, that would have made the most 549 00:24:01,470 --> 00:24:04,390 sense to be like, okay, we'll run a background check or whatever. 550 00:24:04,470 --> 00:24:07,366 If you're not the cartel, here's your driver's 551 00:24:07,398 --> 00:24:10,230 license, go to work like that. That would have made so 552 00:24:10,270 --> 00:24:13,142 much more sense to me than let's storm 553 00:24:13,206 --> 00:24:15,782 every church in middle school because we don't like the 554 00:24:15,806 --> 00:24:18,550 cartel. Well, I don't think the cartel is sitting in third 555 00:24:18,590 --> 00:24:21,590 grade. I don't. I really 556 00:24:21,630 --> 00:24:24,454 don't. So, I mean, whatever, maybe that's a based 557 00:24:24,542 --> 00:24:27,404 take as a conservative, but I just feel like there 558 00:24:27,492 --> 00:24:30,444 are better ways from a, uh, patriotic 559 00:24:30,492 --> 00:24:33,324 standpoint that this could have been handled and even from an economic 560 00:24:33,412 --> 00:24:36,252 standpoint that this could have been handled because now we're starting to see the 561 00:24:36,276 --> 00:24:39,132 economic repercussions, especially here in Arkansas. I mean, this 562 00:24:39,156 --> 00:24:42,012 is like not even an environmental discussion necessarily 563 00:24:42,076 --> 00:24:44,796 anymore. This is just a whole separate tangent. I guess economic 564 00:24:44,868 --> 00:24:47,804 griping is in the vein of this show, but, I mean, there's a lot of 565 00:24:47,812 --> 00:24:50,812 services and companies here that are shutting down or that you can't get now, 566 00:24:50,836 --> 00:24:53,362 and definitely not for the price that you got before because they were 567 00:24:53,386 --> 00:24:56,146 predominantly done by immigrants. Um, and I don't know if 568 00:24:56,218 --> 00:24:59,074 you've noticed or not, but shit's really expensive already as it 569 00:24:59,082 --> 00:25:02,082 is, and it already takes a long time to get, and now we've made that 570 00:25:02,106 --> 00:25:04,722 even harder. So I don't know how a party that 571 00:25:04,826 --> 00:25:07,810 prides itself on being economically savvy or on being 572 00:25:07,850 --> 00:25:10,690 pro life or being patriotic or 573 00:25:10,730 --> 00:25:13,618 upholding human dignity could do any of the things that it's 574 00:25:13,634 --> 00:25:16,626 done since November and probably even before 575 00:25:16,698 --> 00:25:19,554 then, to be honest and consider itself like the party of the 576 00:25:19,562 --> 00:25:20,574 people. Like, get a grip. 577 00:25:20,642 --> 00:25:23,636 >> Zach: Yeah, well, since you brought up economics, I want to discuss some of 578 00:25:23,638 --> 00:25:23,818 the. 579 00:25:23,864 --> 00:25:26,854 Let's talk about them, some of the economics of these tariffs. 580 00:25:26,982 --> 00:25:29,638 So last I checked, this could be very different 581 00:25:29,694 --> 00:25:32,438 from when this episode is airing. And I was about to say, yeah. 582 00:25:32,454 --> 00:25:33,462 >> Katie: It might be different. 583 00:25:33,646 --> 00:25:36,534 >> Zach: I hold no, this number could very well change. 584 00:25:36,622 --> 00:25:39,590 The Trump was planning on imposing 25% tariffs, import 585 00:25:39,630 --> 00:25:42,630 tariffs on Cana, Canada and Mexico. Last year, 586 00:25:42,670 --> 00:25:45,526 the United States imported $79 billion worth 587 00:25:45,558 --> 00:25:48,512 of cars and light trucks from Mexico. So that's going to 588 00:25:48,536 --> 00:25:51,216 be an immediate impact. We also imported another 589 00:25:51,368 -->

00:25:54,336 81 billion auto, uh, parts from Mexico. And 590 00:25:54,408 --> 00:25:57,120 according to TD Economics, the 591 00:25:57,160 --> 00:26:00,080 average price of car could rise by as much as 592 00:26:00,120 --> 00:26:01,220 $3,000. 593 00:26:01,560 --> 00:26:02,576 >> Katie: Oh, my God. 594 00:26:02,688 --> 00:26:05,664 >> Zach: Car's already really expensive for no reason. And now they're going 595 00:26:05,672 --> 00:26:08,592 to go up another $3,000 and become, 596 00:26:08,696 --> 00:26:10,768 I mean, Even more unaffordable than they already are. 597 00:26:10,824 --> 00:26:13,680 >> Katie: Do you think Elon Musk is going to cut the price of the Tesla to 598 00:26:13,720 --> 00:26:16,380 compete with the inflated prices of other 599 00:26:16,420 --> 00:26:18,364 cars as a result of the tariffs? 600 00:26:18,492 --> 00:26:20,908 >> Zach: Elon Musk is doing nothing to help 601 00:26:20,964 --> 00:26:22,860 the average American. 602 00:26:22,980 --> 00:26:25,884 >> Katie: Now I feel like the gif of when he's, like, smoking weed on the Joe 603 00:26:25,932 --> 00:26:28,796 Rogan show and he's like, my brain exploded. 604 00:26:28,828 --> 00:26:31,596 Like, I just practice plot right here on 605 00:26:31,668 --> 00:26:32,684 Green Tea Party radio. 606 00:26:32,732 --> 00:26:35,356 >> Zach: Yeah. And with inflation, the US also 607 00:26:35,428 --> 00:26:38,268 bought more than $49 billion in agricultural products 608 00:26:38,324 --> 00:26:39,196 from Mexico. 609 00:26:39,308 --> 00:26:40,254 >> Katie: That's crazy. 610 00:26:36,900 --> 00:26:41,562 >> Zach: 47% 611 00:26:41,666 --> 00:26:44,538 of all imported vegetables and 40% of all fruits 612 00:26:44,634 --> 00:26:47,386 were from Mexico. Where are we going to get our avocado 613 00:26:47,418 --> 00:26:50,394 toast? That's going to be another, like, $7. Maybe the boomers are 614 00:26:50,402 --> 00:26:53,146 right. That's the key to getting a, uh, down payment for a house is 615 00:26:53,218 --> 00:26:54,442 skipping the avocado toast. 616 00:26:54,506 --> 00:26:57,386 >> Katie: Yeah. If you want to afford this $3,000 price hike 617 00:26:57,418 --> 00:27:00,410 on a new car, you got to quit the avocado toast. See, 618 00:27:00,450 --> 00:27:03,050 Zach, the government is helping us, and we just 619 00:27:03,090 --> 00:27:05,802 didn't know it yet. We just had to have a silver 620 00:27:05,866 --> 00:27:08,844 lining. The government is helping us afford new, inflated 621 00:27:08,892 --> 00:27:11,628 car prices by getting rid of our avocado toast. 622 00:27:11,724 --> 00:27:12,092 Yeah. 623 00:27:12,156 --> 00:27:14,988 >> Zach: And on a more environmental note, since we are an environmental 624 00:27:15,004 --> 00:27:17,960 show, mainly, but since we're diverging today, 625 00:27:20,420 --> 00:27:23,132 this is basically going to force supply chains 626 00:27:23,196 --> 00:27:26,172 to move away from the U.S. we were having a 627 00:27:26,196 --> 00:27:28,604 huge resurgence in supply chains, moving to 628 00:27:28,772 --> 00:27:31,564 Mexico, South America, and coming back towards 629 00:27:31,612 --> 00:27:34,152 our section of the world and moving away from Asia. 630 00:27:34,216 --> 00:27:37,112 But this is punishing those people who made those 631 00:27:37,136 --> 00:27:39,944 moves to become more stable and more secure 632 00:27:39,992 --> 00:27:42,888 in North America. And it's going to make shipping costs 633 00:27:42,904 --> 00:27:45,832 go up. It's going to make us increase pollution from shipping. 634 00:27:45,896 --> 00:27:48,824 I just don't see the sense in hurting two neighbors, 635 00:27:48,872 --> 00:27:51,816 that they're not perfect, but there are 636 00:27:51,888 --> 00:27:54,728 neighbors, and they're not going anywhere unless we really do 637 00:27:54,784 --> 00:27:57,220 invade fricking Canada for some reason. 638 00:27:57,600 --> 00:28:00,402 This is. These are our neighbors for the long term. And it's 639 00:28:00,466 --> 00:28:03,138 important to have good working relationships and good 640 00:28:03,194 --> 00:28:06,130 economic policy with them. Hope that we all 641 00:28:06,170 --> 00:28:06,898 develop together. 642 00:28:06,954 --> 00:28:09,770 >> Katie: Oh, my God. Give my dog just a second to finish. Having a, uh, 643 00:28:09,786 --> 00:28:12,770 stroke because somebody delivered food to us. My 644 00:28:12,810 --> 00:28:15,602 God. You will depose 645 00:28:15,746 --> 00:28:17,010 God. Um, yeah. 646 00:28:17,090 --> 00:28:19,538 So how do you feel about our first and 52nd state, 647 00:28:19,594 --> 00:28:22,370 Zach? Um, do you think that would. Do you 648 00:28:22,410 --> 00:28:25,410 think. You know, because I know he joked about that, but, like, at the same 649 00:28:25,450 --> 00:28:28,090 time, what would be the point of the tariffs then? 650 00:28:28,710 --> 00:28:31,582 Like, if I was Mexico I'd be like, you know what? We sign up to be the 651 00:28:31,606 --> 00:28:32,030 51st. 652 00:28:32,070 --> 00:28:34,686 >> Zach: State, then cuts off some issues. 653 00:28:34,838 --> 00:28:37,790 >> Katie: We, uh, would like to be in American territory now and we would like those 654 00:28:37,830 --> 00:28:39,134 tariffs to go away. Thank you. 655 00:28:39,222 --> 00:28:42,094 >> Zach: What's really funny is America doesn't 656 00:28:42,142 --> 00:28:44,782 want those headaches. We don't want no 657 00:28:44,966 --> 00:28:45,598 Canada. 658 00:28:45,734 --> 00:28:48,542 >> Katie: That would just, we, we can't deal with the we've got 659 00:28:48,566 --> 00:28:51,566 going on right now, much less everybody else's 660 00:28:51,598 --> 00:28:52,140 problems. 661 00:28:52,230 --> 00:28:54,896 >> Zach: Yeah. And are we going to hold up their 662 00:28:54,968 --> 00:28:57,856 very socialist health care and socialist tax policy, 663 00:28:57,928 --> 00:29:00,912 or are we going to Americanize them? If we're invading, are we going 664 00:29:00,936 --> 00:29:03,776 to deal with hunting down rebel

Canadians in the 665 00:29:03,848 --> 00:29:06,704 deep Arctic Canada tundra? What are we 666 00:29:06,792 --> 00:29:07,424 doing? 667 00:29:07,592 --> 00:29:10,432 >> Katie: Imagine moving to Canada because you hate Trump and then 668 00:29:10,456 --> 00:29:13,248 Trump annexes Canada. I'd be so mad. 669 00:29:13,424 --> 00:29:16,016 Like, no, I didn't vote for this. My God. 670 00:29:16,128 --> 00:29:19,114 >> Zach: So I think it's important. I think Trump is taking a 671 00:29:19,232 --> 00:29:21,702 geopolitical and economic misstep with these 672 00:29:21,726 --> 00:29:24,582 tariffs. I think he's hurting two important allies of the 673 00:29:24,606 --> 00:29:27,094 US And I worry about the long term 674 00:29:27,182 --> 00:29:29,590 effects that this will have even after his 675 00:29:29,630 --> 00:29:32,150 presidency of our relations with our 676 00:29:32,190 --> 00:29:32,726 allies. 677 00:29:32,838 --> 00:29:35,830 >> Katie: Yeah, I don't know that, that there's anybody I 678 00:29:35,870 --> 00:29:38,838 can think of who would be eligible to run within 679 00:29:38,894 --> 00:29:41,702 the next decade who could fix a 680 00:29:41,726 --> 00:29:44,534 colossal goof of this nature. Here's, 681 00:29:44,582 --> 00:29:47,492 here's the part that, like, bothers me and obviously I 682 00:29:47,516 --> 00:29:50,500 won't get too far in depth because we're towards the end of the show 683 00:29:50,540 --> 00:29:53,428 here, but the decisions that Trump is making right 684 00:29:53,484 --> 00:29:56,420 now have ramifications far beyond the next four 685 00:29:56,460 --> 00:29:59,380 years. And I mean, sure, you could probably make that argument with any 686 00:29:59,420 --> 00:30:02,372 president, but I feel like it's really hard to 687 00:30:02,476 --> 00:30:05,460 rebuild entire departments and sectors 688 00:30:05,540 --> 00:30:08,484 in a, uh, four to eight year period. Obviously, we know it's 689 00:30:08,532 --> 00:30:11,364 pretty easy to nuke them in a short amount of time, but 690 00:30:11,532 --> 00:30:14,516 I don't know the decisions that are being made 691 00:30:14,588 --> 00:30:17,476 can be. I don't even know that the presidency 692 00:30:17,508 --> 00:30:20,452 will carry the weight that it used to carry before, because 693 00:30:20,476 --> 00:30:23,460 I don't know that it would be up to a president at that point to 694 00:30:23,500 --> 00:30:26,260 get done what they need to do in a certain amount of time without just 695 00:30:26,300 --> 00:30:28,852 issuing executive orders. And at that point, why even be a 696 00:30:28,876 --> 00:30:29,476 democracy? 697 00:30:29,588 --> 00:30:32,356 >> Zach: Yeah, I mean, we should also do a full deep 698 00:30:32,388 --> 00:30:35,140 dive of the ineptitude of Congress and just the 699 00:30:35,180 --> 00:30:38,082 ceding of every power that Congress has 700 00:30:38,276 --> 00:30:40,806 over the past, I don't know, 701 00:30:40,878 --> 00:30:43,686 continuously for the past, like twenty hundred years. They're 702 00:30:43,718 --> 00:30:46,678 just, Congress is like, wow, we don't want to do our job President, 703 00:30:46,734 --> 00:30:49,622 you just do everything. And we'll sort of just 704 00:30:49,646 --> 00:30:51,286 check it off and be like, yeah, it works. 705 00:30:51,318 --> 00:30:54,294 >> Katie: Yeah. And we'll, we'll take the W. If it's good, we'll take the elephants 706 00:30:54,342 --> 00:30:54,598 bad. 707 00:30:54,654 --> 00:30:57,654 >> Zach: Yeah. And if it's against us, we'll be like, oh, you're the worst thing ever. And 708 00:30:57,662 --> 00:31:00,262 if you're for us, if you're doing it for us, we'll be like, yeah, you're the best 709 00:31:00,286 --> 00:31:00,806 ever. 710 00:31:00,958 --> 00:31:03,586 >> Katie: Yeah. If it goes badly, the other party did it. 711 00:31:03,678 --> 00:31:06,586 >> Zach: So hopefully Trump will find a. Hopefully 712 00:31:06,618 --> 00:31:08,750 Trump's policies will start making sense 713 00:31:09,570 --> 00:31:10,310 soon. 714 00:31:10,690 --> 00:31:12,550 >> Katie: Or concepts have a plan. 715 00:31:13,330 --> 00:31:15,722 >> Zach: Someone will talk to him, um, and explain 716 00:31:15,786 --> 00:31:18,762 how hurting our two closest allies 717 00:31:18,826 --> 00:31:21,738 and breaking alliances with our neighbors across the 718 00:31:21,794 --> 00:31:24,346 pond and everything will is not great 719 00:31:24,418 --> 00:31:27,098 for economics or strategic global 720 00:31:27,154 --> 00:31:27,930 strategy. 721 00:31:28,090 --> 00:31:31,034 >> Katie: Long term, somebody could hand the President their 9th grade 722 00:31:31,082 --> 00:31:34,030 economics textbook. That would be fabulous. 723 00:31:34,860 --> 00:31:37,652 >> Zach: All right, well, that's all I got for today. Let's get to our 724 00:31:37,676 --> 00:31:38,084 closing. 725 00:31:38,132 --> 00:31:41,092 >> Katie: Sounds great to me. For you, our listener. Email us 726 00:31:41,116 --> 00:31:42,948 with your thoughts. Our email is 727 00:31:43,004 --> 00:31:45,972 infoeenteapartyradio.com thank you 728 00:31:45,996 --> 00:31:46,132 for. 729 00:31:46,156 --> 00:31:48,980 >> Zach: Listening to Green Tea Party Radio. And a very special thank you 730 00:31:49,020 --> 00:31:52,004 to all of our patrons. We couldn't do this without you. If you're interested in 731 00:31:52,012 --> 00:31:54,756 getting early access to Episodes as well as Green Tea Party Radio 732 00:31:54,788 --> 00:31:57,652 Merc, check us out@greentpartyradio.com 733 00:31:57,756 --> 00:32:00,596 for feedback. Tell us what's on your mind and follow us on Facebook, 734 00:32:00,668 --> 00:32:02,132 Instagram, Twitter, and TikTok. 735 00:32:02,196 --> 00:32:04,970 >> Katie: And just so you know, this is our passion project. We don't have any 736 00:32:05,010 --> 00:32:07,786 organizational sponsor. Just a reminder that Green Tea 737 00:32:07,818 --> 00:32:10,650 Party Radio is not representative of the Diocese of Little 738 00:32:10,690 --> 00:32:13,482 Rock, Catholic Climate Covenant, NASA, or any of our 739 00:32:13,506 --> 00:32:16,362 employers. We are building a movement because we want the world to 740 00:32:16,386 --> 00:32:19,370 know that conservatives, particularly young ones like us, 741 00:32:19,490 --> 00:32:22,074 have important things to say about climate change. 742 00:32:22,162 --> 00:32:24,970 >> Zach: If you want to hear our show on your college radio station, email 743 00:32:25,010 --> 00:32:27,914 us@infoeentheardradio.com and give us the 744 00:32:27,922 --> 00:32:30,740 details about your campus and your radio station. That email again is 745 00:32:30,780 --> 00:32:33,428 infoeentheartradio.com 746 00:32:33,564 --> 00:32:34,548 thanks for listening. 747 00:32:34,644 --> 00:32:35,684 >> Katie: Thank you for listening. 748 00:32:35,812 --> 00:32:38,532 I just realized we forgot action steps. Okay, here's your 749 00:32:38,556 --> 00:32:41,476 action step. File your taxes or don't. It clearly 750 00:32:41,508 --> 00:32:44,452 doesn't matter anymore. Who cares whether you 751 00:32:44,476 --> 00:32:47,140 pay your taxes or not? That's my official endorsement as 752 00:32:47,180 --> 00:32:49,732 the conservative libertarian on this show. 753 00:32:49,916 --> 00:32:52,804 Tell you what, Zach. We had such bad winds the other day that it 754 00:32:52,812 --> 00:32:55,764 blew down a street sign on my street that I like. I took it home. You 755 00:32:55,772 --> 00:32:58,714 know why? Because I paid taxes. It belongs to me anyway. 756 00:32:58,842 --> 00:33:01,370 It's mine. Pay your taxes. Don't. Who 757 00:33:01,410 --> 00:33:04,266 cares? There is a good chance they're not going to be used for the 758 00:33:04,338 --> 00:33:07,258 you want them to be used for anyway. Steel street signs. That's 759 00:33:07,274 --> 00:33:08,450 it. That's your extra steps for today.