This week, we discuss the fallout from the Trump administration's new tariffs, the protests, and how to deal with it if you're a broadcast personality. We also discuss the Women's National Pool Championship, and the secret to keeping your wife happy.
00:02:05.000Welcome, Vince viewers, which, of course, actually in, well, not necessarily Latin, but if you go to any of the romance languages in Italian as it exists today, it means nothing really matters.
00:02:17.000Or Freddie Mercury's final words, which were, ah, no.
00:02:24.000My question to you before, we're going to talk about the tariffs today, okay?
00:02:27.000The fallout of the tariffs, the protests.
00:02:29.000How to discuss this and how not to discuss it if you are a broadcast personality, because I know that people are scared, I know there's uncertainty, and I know that people, you know, are going through some actual pain.
00:02:40.000I don't want to be dismissive of that.
00:02:41.000I also don't necessarily know that the panic is warranted at this point.
00:08:37.000Are men better than women at everything?
00:08:40.000Well, to you I would say, last night, Harriet Hines beat Lucy Smith to win the Ultimate Women's Pro Series Event 2, but both of them are men.
00:08:55.000Let's talk about the Ultimate Pool Women's Pro Series event.
00:08:59.000It was in Wigan on Sunday night, and after numerous women had competed in this pro pool tournament, the tournament came down to the final.
00:09:08.000The two finalists, Harriet Haynes and Lucy Smith, battled it out.
00:09:12.000In the end, it was Harriet Haynes that won.
00:09:15.000What is really, really bizarre, though, is that neither Harriet nor Lucy is actually a woman.
00:09:21.000So why on earth were they competing in a women's Pro pool event.
00:09:25.000Why? Well, because they claim to be women.
00:09:41.000Yes. It has to be two men in a women's sport for us to even talk about pool.
00:09:46.000Didn't we just have Strangeo just last week saying there are no male athletes in female sports because now they redefine it and they say there's no such thing as a trans woman.
00:10:43.000Men occupy both ends of the bell curve because we have more extreme personalities.
00:10:47.000It requires an almost obsessive-like devotion to a sport to be excellent, and that lends itself to the male personality type, not to mention spatial awareness, reaction time.
00:10:59.000So yeah, even some sports that aren't necessarily I mean, they've already won it once at least.
00:14:03.000If you want to compare yourself to civil rights, fine.
00:14:06.000You can compete in the women's division, provided when you show up to that pool table, there is a German shepherd and fire hose awaiting you.
00:14:13.000Okay? It's such an affront to the actual civil rights movements that we've had.
00:14:20.000By the way, the ban on trannies is not because of the danger related to them winning, but the danger related to them losing, as we saw.
00:16:03.000Across the U.S. and the world, more than 1,400 protests on Saturday, according to organizers, telling U.S. President Donald Trump and his advisor, Elon Musk, hands off.
00:16:22.000You know, you think about it, when the Tea Party happened after Barack Obama, they were, I was there, they were proposing very specific policies, and they elected.
00:16:32.000You know, they actually got people into political office, and it was a movement.
00:17:19.000It's the civil rights issue of our time, and dudes playing pool against women.
00:17:22.000So the official hands-off website, they have a partners list, and of course you see the usual suspects, the ACLU, the labor unions, the Arab American Institute, the Bend the Arc Jewish Action, LGBTQ AIP groups, Planned Parenthood, and some accidental support, this time from one George McFly.
00:17:44.000Oh! Hey you, get your damn hands off her.
00:17:58.000Remember when Nancy Pelosi said the tea party was astroturf?
00:18:01.000When the left accuses you of something, they are telling on themselves.
00:18:04.000When they say you are turning trans athletes, male athletes competing against women, when you're turning that into a cultural issue, they're telling on themselves.
00:18:11.000When they say, oh, actually, this is AstroTurf from the MAGA crowd, they're telling on themselves, this is very clearly AstroTurf.
00:20:24.000I'm a millennial where, of course, they were very, very left-wing.
00:20:27.000Gen Z is the most conservative generation at this point in their life, meaning 20-year-olds, young people, than any we have seen really in the last at least three quarters of a century.
00:20:38.000So if you were looking for some young people, some enthusiasm at these protests, you're not the only one.
00:20:45.000I'm at the protest right now in New York City, anti-Trump, anti-fascist protest, and I have one question.
00:20:52.000Where the f*** Gen Z. These people are cheering, they're talking like it's just the 60s, it's just like the 60s, and they're having conversations and walking slowly.
00:21:14.000Like, where are you going if you're not going to the protest right now?
00:21:20.000Anywhere! They're going anywhere that's not the protest.
00:21:23.000Somewhere with their friends, you lonely bitch.
00:21:27.000Yes, you not-without-my-daughter retread.
00:21:32.000She says from the 60s and they're 30-something with their kids.
00:21:38.000I will say this, being someone in my 30s, this is the first generation you will have young people, particularly young liberals, who will go, okay, boomer, to someone who's like, I have a theory.
00:21:56.000I think it's because if you're in your 30s, you were born in the 90s or 80s, which makes it a different century.
00:23:16.000Yeah, and we talk about that all the time, that once you get older, you get out into the workforce, you have to have a job, you have to pay taxes, you start raising a family.
00:23:23.000That you become very conservative very fast, typically.
00:23:26.000You see those numbers now, that is very heartwarming, because for a while there it was looking pretty bad.
00:23:32.000I think it's less them becoming more conservative and just being disgusted with the left.
00:23:57.000You think about back then, okay, gay marriage, that was kind of, okay, socialist.
00:24:00.000People are like, oh, I'm socially liberal.
00:24:01.000But now, if you're voting Democrat, you have to be voting for sex surgeries, for violent inmates, and for biological men to compete in women's contact sports and not even fill out a form.
00:24:17.000I've got to imagine that young men are in high schools today.
00:24:19.000And please, I know there are a ton of you who watch.
00:24:22.000If you're in that generation and you are, for example, in a public school, how do people in your class treat the transgender, queer, pansexual furry in your class?
00:26:51.000Fire! So, what this is actually addressing, the circuit breaker is, it defines the pause, right?
00:26:59.000Yes. The pause that takes place in trading when prices drop too fast.
00:27:04.000So it kind of gives everyone a little bit of a break to let things calm down.
00:27:08.000Let me explain kind of the triggers to you.
00:27:10.000So if in a single day the S&P drops 7%, there's a 15-minute circuit breaker, a 15-minute pause in trading across all the stock market indexes.
00:27:19.000If there's a 13% drop, there's another 15-minute pause.
00:27:23.000And if there's a 20% drop, trading ends for the day.
00:28:24.000and we'll get into that in the next segment for just a little while, but don't worry.
00:28:26.000And if you're an old person that's not so great, but you should probably be in something that's less volatile right now anyway if you move the market around.
00:28:35.000But CNN would have you believe that the world is coming to an end, and so would social media, to be honest.
00:28:40.000And this is not the first time that this has happened.
00:28:42.000No. So to be clear, kind of getting to this, before we get into – Please. I've seen some people out there going, I'm pulling everything out.
00:29:01.000But there are some reasons for the tariffs.
00:29:04.000We talked about this really for the last several months saying there's going to be some discomfort.
00:29:08.000And that's not to minimize the discomfort.
00:29:10.000But at a certain point, you do have to understand and you do have to make a choice.
00:29:14.000Okay. Do we want to live in a world where we continue to lose our manufacturing, where we continue to lose our national economy because of a foreign communist adversary who is subsidizing industry with the expressed goal of destroying our national economy?
00:29:32.000At some point, there needs to be a change, right?
00:29:36.000We're going to get to why this has taken place.
00:29:39.000Before we get to that, though, the panic, okay, let me just give you some...
00:30:56.000Now let's just zoom out a couple of years.
00:30:59.000If you did nothing, you not only get it all back, you would have gotten it all back and significantly outpaced the inflation that followed.
00:32:02.000It's painful, and I understand that, but discipline is just as important today as it was yesterday, and it will be tomorrow.
00:32:10.000This will pass, and it's been a lot worse for significantly longer periods of time.
00:32:15.000This is not unexpected as it relates to the tariffs.
00:32:18.000It would never be consequence-free, but this doesn't change the reason that they had been implemented in the first place, which brings us to the latest installment of the Tarifier.
00:32:28.000fire Still the best thing I've potentially ever seen.
00:32:43.000And you guys, comment below, especially anyone who's been through this, what kind of rebound you saw, and people who are going through it right now who might find yourself in a tough spot.
00:32:53.000Talk in the chat and in the comment section.
00:32:55.000People there who are a little bit older, wiser, please do help some folks because you have some kids who are, and by kids I mean younger people who feel like they want to swallow a knife.
00:33:03.000So when the patient, in this case, our trade agreements, in this case, our national economy, and I'm no longer anti-protectionism, to be clear, because if you're protecting your economy from a communist foreign adversary, isn't that a good thing?
00:33:20.000understand economic protectionism if you are basically siloing yourself off from the world, right, where you're rejecting new technology, more efficient methods of goods, of creating or delivering goods and services.
00:33:34.000These tariffs are designed to silo the supervillain of the world who's been taking advantage for a very long time, and we'll get into some shocking numbers.
00:33:42.000References are always available every single show regarding manufacturing, regarding deficit.
00:36:02.000Right? And according now to the Treasury Secretary, Scott Besant, 50 countries, 50 countries at least, have reached out to the United States to try and negotiate tariffs.
00:36:13.000More than 50 countries have approached the administration about lowering their non-tariff trade barriers, lowering their tariffs, stopping currency manipulation, and they've been bad actors for a long time, and it's not the kind of thing you can negotiate away in days or weeks.
00:36:36.000When you're talking about these tariffs, when you're talking about executive orders, if these countries play ball, they can change like that.
00:37:08.000Indeed, we have offered zero for zero tariffs for industrial goods, as we have successfully done with many other trading partners, because Europe is always ready for a good deal, so we keep it on the table.
00:38:02.000It's about other things that these countries have done to us to keep our goods and companies out of their country and competing with them or exporting to them, right?
00:38:34.000Speaking of which, China, currency manipulation.
00:38:36.000Instead of letting your currency float where it should, right, where the market demands it goes, you artificially do something to it to make your goods, I don't know, cheaper on the world market like China is theoretically doing or would do right now.
00:39:13.000Competing with slave labor in the third world?
00:39:16.000As it relates to China, you are competing with slave labor that is still not profitable, so the Chinese Communist government subsidizes it.
00:39:48.000What are you standing tall to introduce?
00:39:50.000You know what makes this particularly egregious with the EU?
00:39:54.000After the Second World War, the United States basically said, we're the richest country on the planet right now, and to make sure that your economies get back into the global order, and it's better for safety and stability, I get it, but to make sure that you guys can rebuild, we will have an imbalance.
00:40:47.000Vietnam, we talked about them last week.
00:40:49.000They offered to remove all tariffs on American goods.
00:40:52.000Their current average rate is about 9.4%.
00:40:54.000Taiwan, actually, the president, Lai Ching-to, Lai Ching-to, wrote on X, Taiwan does not seek retaliatory tariffs against the United States.
00:41:19.000Instead, we'll start talking from bilateral zero tariffs to ensure Taiwan's competitiveness will increase U.S. imports and adopt other measures.
00:41:32.000Working together will usher in a golden age of shared prosperity!
00:41:42.000So over 50 plus countries, these are the ones that we know about.
00:41:48.000You can say it's not enough, sure I understand that, but you can't say that it's insignificant when that's one of the primary goals of these tariffs.
00:41:57.000By the way, Ireland seems to be the most desperate.
00:42:01.000They actually sent this open video plea to President Trump this morning.
00:42:05.000Dear President Trump, we, the people of Ireland, are humbly begging you to undo this tragedy your presidency has caused the Irish people.
00:42:14.000We can no longer survive under these conditions.
00:42:18.000Please, oh please, take back Rosie O'Donnell.
00:43:41.000You cannot be a small business in the United States and compete with the Chinese communist government who doesn't care about losses.
00:43:49.000As a matter of fact, it's part, it's not a bug, it's a feature.
00:43:52.000comment if you understand the difference.
00:43:54.000A small business in the United States competing against a small business in Germany or a medium-sized business in the United States competing against a medium-sized business in Taiwan is very, very different from a business in the USA competing against a communist government who is willing to subsidize losses in order to drive you out of business.
00:44:13.000So Commerce Secretary Howard Lundgren, Howard Lutnick, he actually talked about this on Face the Nation.
00:44:19.000The army of millions and millions of human beings screwing in little, little screws to make iPhones.
00:44:25.000That kind of thing is going to come to America.
00:44:39.000The tradecraft of America are high school educated Americans.
00:44:43.000The core to our workforce is going to have the greatest resurgence of jobs.
00:44:49.000In the history of America, to work on these high-tech factories, which are all coming to America, that's what's going to build our next generation of America.
00:44:58.000Let me give you some numbers on manufacturing jobs, okay?
00:45:00.000In 1999, before most of the new policies that we see regarding China came into play, the manufacturing jobs in America, they were about 17.5 million.
00:45:54.000China subsidizes their industries to create more than can possibly be consumed to dump it on a market and ensure that you are run out of business.
00:46:03.000They're not even doing this to turn a profit.
00:46:09.000So I want to go back to something that Howard said there because this is one of those very fine people clips.
00:46:14.000Everybody this weekend was sharing that after he had that appearance on Sunday morning and saying that Howard Lutnick was basically saying, oh good, we're going to have thousands and millions of jobs created by people screwing in tiny little screws.
00:46:26.000And they were like, great, sweatshop labor is coming to the United States.
00:46:29.000Without playing the clip for two more seconds where we said, and we're going to automate that.
00:46:35.000Basically he's saying we don't need sweatshop labor.
00:48:59.0002001. That's when they started this huge partnership with China to set up their manufacturing, their housing, their factories, roads, all this stuff with the Chinese government in order to set up their manufacturing there.
00:49:09.000They became the most valuable company for the United States.
00:49:13.000But a lot of that money is going to a foreign adversary.
00:49:16.000Wouldn't you rather have those headquarters here?
00:49:21.000Would you rather have something automated in the United States and everyone else at Apple employed here, or instead of automation, Chinese slave labor?
00:49:30.000Again, you do have to kind of look at it and make your choice.
00:49:34.000Because with Apple, it led to a huge loss in American jobs and a huge trade deficit, which has been described by Donald Trump many times and is one of the reasons for these tariffs.
00:49:44.000Hundreds of billions of dollars a year we lose with China.
00:49:47.000And unless we solve that problem, I'm not going to make a deal.
00:49:51.000Now, I'm willing to deal with China, but they have to solve their surplus.
00:49:55.000We have a tremendous deficit problem with China.
00:49:59.000They have a surplus of at least a trillion dollars a year.
00:50:34.000We have a very skewed economy and we have a very significant enemy.
00:50:39.000I don't know that an enemy has been more underestimated than China in modern history to the United States, especially when you look at exactly what they say they aim to do and exactly how they refer to us, how they treat us.
00:50:52.000So now in response to retaliatory terror, China said there's gonna be a retaliatory to retaliatory tariffs.
00:51:15.000That's the stance that China has taken on U.S. sweeping tariffs against trading partners around the globe.
00:51:22.000In a statement on Saturday, Beijing said Washington's move infringes on other countries' legitimate rights, violates World Trade Organization rules, harms the rules-based multilateral trading system, and disrupts global economic stability.
00:51:37.000It also labeled US tariffs as an act of unilateralism, protectionism, and economic bullying.
00:52:25.000We weren't major trading partners, obviously, with the Soviet Union, but if during the Cold War, you guys understand, we said, okay, obviously we're not going to be, we're not going to be paying for it, we're not going to be supplying Russia through trade.
00:53:36.000Donald Trump's like, well, if you don't pull that off by Tuesday, close of business, I believe is what it is, then on Wednesday, 50% goes into effect on you.
00:53:49.000By the way, it's very rich for the Chinese government to accuse anybody else of doing things unilaterally or for protectionist methods or using protectionist methods to kind of destabilize.
00:54:01.000This is the most protectionist economy that has ever existed in the history of mankind.
00:54:06.000They manipulate everything about their economy to the detriment of the rest of the world.
00:54:11.000And the rest of the world, the only reason that we stand there and go, okay, fine, is because of cheap labor.
00:54:14.000Right. If we could find another place tomorrow to do super-duper cheap labor and it could be spun up very quickly, we'd go there.
00:55:27.000We're ready to compete with the USA in redefining the global trade system.
00:55:33.000Meaning this is not going to be what we once knew.
00:55:36.000This is not we get to benefit from slave labor that's subsidized by a communist nation because we like some cheap trinkets here in the United States.
00:55:45.000We have to rip off the band-aid and no longer support our adversaries abroad and we have to start looking out for the United States.
00:56:13.000These tariffs are designed to address the nation that has stolen our manufacturing, that has stolen a lot of our intellectual property, technology, businesses.
00:56:24.000And this nation still venerates the single most deadly communist regime that has ever taken place on Earth.
00:57:20.000That whole running people over with tanks, the whole tens of millions of people who you guys starve to death in the name of communism, right?
00:57:45.000And so in 2003, you had Warren Buffett write an article that actually decried a situation where we had an imbalance of basically ownership.
00:57:55.000Money that was actually just being sucked out of our economy to the rest of the world versus what the rest of the world was contributing to us.
00:58:00.000And around that time, it was just under $3 trillion.
00:59:08.000And you have people all over the spectrum.
00:59:10.000But there are plenty of very smart people who've been in the business world who have to deal with this on a daily basis, not in academia, who tell you, you have to fix this.
00:59:18.000The problem is that we didn't fix it under George Bush or Barack Obama.
00:59:47.000Insane. And, by the way, for those of you who are still with us, before I actually mention Tim Pool, this actually just came in from, I believe, the Military Journal 1945.
00:59:57.000Intelligence analysts have said that they expect the Chinese invasion of Taiwan within the next six months.
01:00:08.000If you are not a Rumble Premium member, we're going to discuss this And more how to address this, the markets.
01:00:13.000We've talked about the tariffs, addressing the markets.
01:00:16.000There are people like Ben Shapiro and there are people like Benny Johnson.
01:00:18.000There are people on the left and on the right who are addressing it as though either this is idiotic and supporting it is ridiculous or, hey, you don't need that iPhone.