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00:00Do you think Donald Trump will reverse these tariffs?
00:04As we know, he's a keen watcher of the stock market, so you're just talking about that.
00:09Could this be something that changes his mind?
00:13I think that's something that they're discussing right now.
00:17He doesn't like to lose, obviously, and he likes to claim victory even when there may
00:22not have actually been a victory.
00:26There have been some in his administration who are saying that this is just some of the
00:31short-term pain for the intended purposes of the tariffs.
00:36I strongly disagree with that.
00:38I think the more the tariffs in place, the longer they're in place, the more economic
00:43harm that's going to be imposed on America and our allies.
00:49There may be a scenario in which the economic pain gets so bad that he claims victory even
00:55if there is not much victory to claim.