Valuetainment - May 02, 2025


“Trump Squeezed Hard” - Trump’s Auto Tariffs Defended By Ford CEO

Topics
Ford CEO on Trump's tariffs
Hosted by
Patrick Bet-David
Mentioned
Alan Mulally Jim Farley VT Mom Trump Jeff Bezos Bob Ben Moshe Lutnik Shelby Susan
＂China's Charm Offensive＂ - Trump & Xi’s SECRET Meeting QUESTIONED As China Disputes Call ＂Criminals Matter MORE＂ - California BLASTED Over CONTROVERSIAL Welfare Fraud Plan

Episode Stats


Length

9 minutes

Words per minute

199.37

Word count

1,820

Sentence count

177

Harmful content

Misogyny

3

sentences flagged

Hate speech

5

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

Trump eases auto tariffs burden as Lutnik touts first foreign trade deal. President Trump signs orders to ease auto tariffs, ordering car makers two years ago, to increase domestic components with credits offsetting tariffs on imported parts at 3.75% of manufacturer s suggested retail price through April 2021, and 2.5% through April 2027, stating we just wanted to help them if they can t get part, we didn t want to penalize them.

Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
Topics generated with Qwen2.5-3B-Instruct.
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
00:00:00.000 Trump eases auto tariffs burden as Lutnik touts first foreign trade deal.
00:00:06.140 This is a Reuters story.
00:00:08.740 President Trump signs orders to ease auto tariffs, ordering car makers two years ago, Rob,
00:00:13.120 I think got a video on this, to increase domestic components with credits offsetting tariffs on imported parts
00:00:19.620 at 3.75% of the manufacturer's suggested retail price through April 2026 and 2.5% through April 2027,
00:00:26.960 stating we just wanted to help them.
00:00:30.500 If they can't get part, we didn't want to penalize them.
00:00:34.780 Rob, if this is the clip, go on and play the clip.
00:00:37.080 I have a deal.
00:00:38.940 Done, done, done, done.
00:00:40.640 But I need to wait for their prime minister and their parliament to give its approval, which I expect shortly.
00:00:46.860 I'm not going to tell you what country.
00:00:48.120 We're just you and me here and a couple million people hopefully watching.
00:00:51.420 I'll let the president decide.
00:00:52.800 And then there are country after country where we're just working through the details.
00:00:56.720 But you have to remember, they have prime ministers.
00:00:58.700 They have parliament.
00:00:59.700 They have to work through their process.
00:01:01.200 But all of these are going to be coming.
00:01:03.060 And what they're going to be is they're going to be incredibly smart.
00:01:06.740 Tom, thoughts?
00:01:08.420 Well, I'll tell you.
00:01:10.620 We've got a fact check there.
00:01:12.000 That was CNBC guy saying and a couple million people watching.
00:01:15.260 So in the morning, they don't get that kind of rating.
00:01:17.900 So the second part is that this is good.
00:01:21.320 This is another win.
00:01:22.520 And I'll reflect it in this way.
00:01:25.080 You know where the S&P is right now, Pat, at this second?
00:01:27.700 I was just checking right now.
00:01:29.000 Where is it at?
00:01:29.560 56-30.
00:01:31.320 Okay.
00:01:31.720 So guess what?
00:01:32.460 What?
00:01:32.700 We're now, I believe, at 6.9% where we were.
00:01:37.900 So in other words, the markets are continuing to recover.
00:01:40.400 And why are they recovering?
00:01:41.380 They're recovering with Ws.
00:01:43.120 This is a W because what he's allowing to happen.
00:01:47.760 So Trump squeezed hard.
00:01:49.860 And then what did the American automakers say?
00:01:52.080 You know what?
00:01:52.700 We'll try to get more domestic parts.
00:01:54.220 We'll try to source from other things.
00:01:55.860 We'll try to do less China. 0.99
00:01:57.520 That's exactly what the art of the deal wanted.
00:02:00.260 And guess what?
00:02:00.960 That's good for America. 0.93
00:02:02.180 That's good for American workers in certain sectors.
00:02:04.080 And so this doesn't do everything.
00:02:07.300 But they're also talking about this is the first foreign trade deal and now a deal they're doing.
00:02:12.120 So this is, you know, we also saw it.
00:02:14.260 This is the emergence of India. 0.76
00:02:16.240 And this is U.S. companies diversifying their supply chain, all of which is calming things down.
00:02:23.320 And by the way, watch what the Ford CEO said on this.
00:02:25.340 Ford CEO on Trump's tariffs.
00:02:27.780 Watch this, folks.
00:02:28.620 This is very interesting.
00:02:30.200 Go ahead.
00:02:31.160 Well, first of all, Ford is really different.
00:02:33.040 We make 80% in the U.S., more than any other manufacturer.
00:02:36.720 In fact, we made 400,000 more vehicles than our next competitor.
00:02:41.460 And that would fill up the entire island of Manhattan.
00:02:44.020 That's how big of a gap we've made.
00:02:46.300 So, look, we think this is really great for the country.
00:02:49.580 We really support the president's initiative.
00:02:52.380 We never left the America on car production.
00:02:56.460 And so this moderation is reasonable, I think, for mostly our competitors.
00:03:01.720 They need more time.
00:03:03.480 But at Ford, we're in good shape.
00:03:05.500 And this is the right thing to do.
00:03:07.180 You know what this makes me want to do this weekend in Kentucky?
00:03:09.640 Watch Ford versus Ferrari again.
00:03:12.320 Good for you, Ford.
00:03:13.960 And by the way, can I add something?
00:03:15.180 Please.
00:03:15.920 Alan Mulally.
00:03:16.840 Does anybody remember who Alan Mulally was?
00:03:18.280 When it was time for TARP, the CEO of Ford was Alan Mulally.
00:03:23.440 And by the way, I spoke to him for about five minutes at the famous Jobs and Gates event.
00:03:31.660 Oh, yeah, yeah.
00:03:32.040 And he was there talking to Microsoft about putting Microsoft Sync in Ford cars.
00:03:38.060 Remember when the dashboard was Microsoft Sync?
00:03:40.160 Yep.
00:03:40.480 And here's what he said there.
00:03:42.800 I didn't take a private jet to the hearings.
00:03:45.640 Remember when the automakers were summoned to the hearings on Capitol Hill at the time of TARP?
00:03:50.400 I didn't take a private jet, number one.
00:03:53.040 Number two, Ford paid it back, the part that they took, but they didn't take the big part.
00:04:01.440 So if you look back at times of economic crisis, like 2008, 2009 with Ford, and now you look now,
00:04:07.580 there's been something with Ford as a company that has not taken from America and has tried to.
00:04:14.040 And I think this is legacy of vision and leadership because it goes all the way back then.
00:04:17.900 And I give credit to them, and I give credit to CEO Farley.
00:04:21.560 Well done.
00:04:21.980 And I also go back to Alan Mulally and what they did back at that time.
00:04:25.360 Good for them.
00:04:26.100 Good for them.
00:04:27.360 Yeah, by the way, when General Motors took money, I don't know if they ever paid it back.
00:04:31.240 When the great, the late Bob Ben Moshe from AIG took $181 billion, they paid it back plus $21 billion of interest.
00:04:39.280 That's what the right CEOs do.
00:04:40.700 That's why his legacy is always going to be respectful.
00:04:42.460 I don't have the receipts on it, but my memory is exactly what yours.
00:04:46.460 We're watching.
00:04:47.320 GM took it as a permanent government grant.
00:04:49.460 That's right.
00:04:49.800 And that type of, like, people talk the talk.
00:04:51.800 We're going to watch the movie, I guarantee it, this weekend.
00:04:53.960 But you know what?
00:04:54.780 The next car I'm getting is going to be a Ford, and we're going to buy it.
00:04:57.020 I'm going to go get a GT40.
00:04:57.960 That's one.
00:04:58.780 No joke, and you guys are all going to see which car I got.
00:05:00.560 Ford versus Ferrari is what made me want to buy the Shelby truck and made me want to buy that Ford GT, the supercar, whatever.
00:05:07.060 I think now is a very interesting time for American CEOs.
00:05:11.360 I think this is, you know, we get so caught up with the Elons and the Jeff Bezos.
00:05:15.340 We forget there's so many other CEOs out there running companies.
00:05:19.800 And with so much turmoil with the markets, with tariffs, you're going to have so much drama in the LBC.
00:05:26.600 It's kind of hard being a CEO like PBD.
00:05:28.860 I get it.
00:05:30.200 But CEOs are going to be able to make a name for themselves.
00:05:33.320 Like this guy, Jim Farley, respect to you.
00:05:35.640 CEOs are going to step up and say, no, no, no, no.
00:05:37.840 We're bringing jobs back.
00:05:39.700 We're coming to America.
00:05:40.780 Let's talk China.
00:05:41.060 Let's talk China.
00:05:41.680 So this lemon campaign that we launched on Thursday with the box that was launched that all of you guys, you know, many of you saw.
00:05:49.020 Those of you that didn't, this box that's being shipped to people who are going through a lot of different things today to make their day.
00:05:54.960 When life gives you lemons, make lemonade with a lemon hat in it and a presentation with a video of me speaking to them, giving them a message here.
00:06:02.880 I'm going to press pause here.
00:06:04.820 There was so many accountants.
00:06:07.760 One accountant sent it to 11 clients, lawyers, realtors, insurance folks using it.
00:06:13.440 But then we had a chance to read the note of what some people were writing to their clients.
00:06:18.440 I'm not going to give the names.
00:06:19.580 I just want to read the notes to you.
00:06:20.720 It was so, our staff is, when I'm reading this, our marketing team, they're in tears.
00:06:25.680 Literally, when I'm reading this to them, I'm not going to say the name.
00:06:29.400 Okay.
00:06:30.140 They put the name there.
00:06:31.380 It then says, sending you some love to help lift your heart up today.
00:06:35.180 And wanted to say, again, how sorry I am with Susan's passing.
00:06:39.200 I hope this cheers you up, your spirits, just for a moment.
00:06:42.940 I love you, sister.
00:06:44.080 And always remember to move forward.
00:06:46.060 Flowers don't happen without rain.
00:06:47.800 Love you always.
00:06:49.040 The name is in there.
00:06:49.720 Now, are you kidding me?
00:06:51.740 Okay.
00:06:52.180 Then it goes here.
00:06:53.200 Me and you forever together.
00:06:55.040 Put your goals always in front of you.
00:06:57.020 Surround yourself with one quality, with people you become, who you're with.
00:07:01.080 Thank you for your friendship.
00:07:02.220 Here's another one.
00:07:02.840 Love you, brother.
00:07:03.860 Hope you like this.
00:07:04.820 Greatest podcast ever.
00:07:06.140 You not only being a father, a husband, and a brother, you are also a policeman.
00:07:11.240 You have so much you deal with on a day-to-day basis, but you still show up for your family.
00:07:15.960 I not only love you, I respect you.
00:07:17.900 I'm telling you, the more I was reading these notes, the more emotional we were getting ourselves.
00:07:23.160 I love the fact that the Valuetainment audience is taking time to order something, to ship to somebody else, to make their day.
00:07:33.120 How awesome is this, that we're doing this?
00:07:35.460 So, for all of you guys that placed your order, I love the fact that you're doing this.
00:07:39.600 We're wired the same exact way.
00:07:41.380 Can pick and choose the hats, whether it's the white one, the black one, or the green one when you're sending out to them.
00:07:46.120 There's still a few left if you haven't done it yet on the Lemon Campaign, especially with everything that people are going on right now.
00:07:51.180 Go to vtmerch.com, place your order.
00:07:52.660 And then also, for the mothers out there, you asked for it, we wanted to do it.
00:07:58.060 We know this audience is 80% men, but 20% women.
00:08:01.860 It used to be 90% of female audiences growing in a major way. 1.00
00:08:04.760 Rob, if you want to play the clip, Mother's Day is around the corner next week.
00:08:07.820 And we got a bunch of VT Mom gear, stuff that's out there.
00:08:12.760 You know, Mama, today I love you.
00:08:14.760 VT Mom, future looks bright.
00:08:16.760 Here's one that I like a lot that's also on the site, VT Mama.
00:08:20.740 This is another one that we have, Valuetainment Mama that we got out there.
00:08:27.000 It's awesome.
00:08:27.900 So, you know, we wanted to make sure that men, ladies typically do the shopping for us. 1.00
00:08:32.920 We're not good at this stuff.
00:08:34.440 Go place an order for mothers out there that are doing the right thing.
00:08:38.980 They're going out of their way, and you're seeing how hard they're working.
00:08:41.740 Every order you place, they're going to get a VT Mom keychain.
00:08:45.040 And then if you place an order above $100, it's the VT Mom keychain,
00:08:48.440 plus this mug that says VT Mom,
00:08:51.200 and it explains a sophisticated achievement that is always there for you no matter what.
00:08:55.960 Moms, love you. 1.00
00:08:57.940 Place an order for the mothers out there that watch PBD Podcast and Valuetainment. 0.93
00:09:02.280 If you enjoyed this video, you want to watch more videos like this, click here.
00:09:04.960 And if you want to watch the entire podcast, click here.