00:00 Speaker A
It is actually the Taiwan tariffs, I’d think about, which are the most important deal for for the likes of Nvidia. So what if the tariff stays in place on Taiwan, like what are we speaking about?
00:10 Speaker B
And also you guys see the semi piece when it comes to like what they’re truly, you recognize, tariffed at. After which
00:16 Speaker A
After which if there’s additionally if there’s the sectoral
00:18 Speaker B
The the sectoral tariffs. After which the fact is, is that it is about progress. See, that that that’s the greatest factor right here. It isn’t even simply the associated fee and the impression there, it is progress. It is firm X being like, hey, I used to be going to spend on these initiatives, let me decelerate until we see what’s taking place in our enterprise. And that is the issue. Self-fulfilling prophecy as this as this comes out. And I simply assume it continues to be essentially the most befuddling absurd factor that I’ve seen, self-inflicted, financial Armageddon. And I I do not assume there is a debate.
00:46 Speaker A
These tech CEOs who’re most likely there on inauguration day. Now, the MAGA 7 shedding a trillion {dollars} in in the future. In your conversations with them, do you assume that they remorse that help?
00:56 Speaker B
Look, I feel they I feel in Silicon Valley they’re dystopian. I imply, it was like they’re waking up being prefer it seems like a altered universe when it comes to the best way that Trump has navigated this and it is reciprocal tariffs. You knew it was on the desk, 10, 15%, play video games, poker, effective. However to really attempt to construct this chart from just like the Goodwill Searching chalkboard MIT lab and say it is some fancy chart. It is principally it is basically a commerce deficit transformed into some bizarre tariff chart. It isn’t actual tariffs. In order that’s a part of the issue is that how that that is like me saying like I play within the NBA. And my title and my title and my title’s Jim. So how do you even know it is the place do you even begin with the dialog?
Source link