WEBVTT 1 00:00:00.600 --> 00:00:02.919 This is Gary and Shannon and you're listening to KFI 2 00:00:03.040 --> 00:00:05.839 AM six forty the Gary and Shannon Show on demand 3 00:00:05.919 --> 00:00:07.280 on the iHeartRadio app. 4 00:00:09.919 --> 00:00:11.519 It's a popular podcast. 5 00:00:12.199 --> 00:00:16.640 A panel of judges of guys, of comics, of big names, 6 00:00:16.719 --> 00:00:19.120 and you get a minute, You do your stand up 7 00:00:19.120 --> 00:00:21.960 for a minute, and you either you kill it or 8 00:00:22.280 --> 00:00:24.640 you get killed is essentially the whole bit. I had 9 00:00:24.679 --> 00:00:27.800 never heard this podcast before I saw it on Netflix. 10 00:00:27.879 --> 00:00:30.039 It was pitched to me. I started watching it. They 11 00:00:30.039 --> 00:00:33.560 have a Donald Trump comedian thereon Gillis uh huh, does 12 00:00:33.719 --> 00:00:34.159 very well. 13 00:00:35.119 --> 00:00:37.000 I watched that right before I went to bed, and 14 00:00:37.000 --> 00:00:37.600 then I woke up. 15 00:00:37.640 --> 00:00:39.719 I'm listening to the news and I'm listening to Trump's 16 00:00:39.759 --> 00:00:42.880 comments at that dinner last night, and I was conflating 17 00:00:42.920 --> 00:00:47.640 the two because they were not that far different. 18 00:00:47.920 --> 00:00:49.759 Yeah, it was pretty funny. 19 00:00:49.880 --> 00:00:53.240 Those people that do his do an impression of the president. 20 00:00:53.799 --> 00:00:56.759 They're really good freaking nail it. And I've heard in 21 00:00:56.759 --> 00:01:01.920 an interview with the guy who does it, Justin Austin, 22 00:01:01.960 --> 00:01:06.159 Tom Justin something Something, whatever's name is that does it 23 00:01:06.200 --> 00:01:09.840 on Saturday Night Live, and he described how he does it, 24 00:01:09.920 --> 00:01:12.079 like what are the what are the key things that 25 00:01:12.120 --> 00:01:14.879 he does to do an impression of Donald Trump, and 26 00:01:15.120 --> 00:01:17.680 you've when you listen to him, it's so easy, like 27 00:01:18.079 --> 00:01:20.000 he just boils it down to the simple things. 28 00:01:20.079 --> 00:01:22.719 Yeah, but oh my gosh, that I was dying from 29 00:01:22.719 --> 00:01:24.840 that guy. He was the funniest thing last night on 30 00:01:24.879 --> 00:01:27.599 that Kill Tony. And I looked at the reviews. Apparently 31 00:01:27.640 --> 00:01:30.000 everyone who likes kill Tony hated the Netflix thing for 32 00:01:30.040 --> 00:01:33.159 a couple of reasons. Number one, Netflix is obviously trying 33 00:01:33.200 --> 00:01:37.560 to cater to a conservative comedy group. And number two, 34 00:01:37.680 --> 00:01:40.519 it's behind a paywall, and it was a week show 35 00:01:40.560 --> 00:01:42.760 of Kill Tony. It wasn't the best of the best. 36 00:01:42.840 --> 00:01:45.760 And and then all the liberals hate it because now 37 00:01:45.799 --> 00:01:50.359 this uh, this conservative comedy hours infiltrated their Netflix queue, 38 00:01:50.480 --> 00:01:53.439 and it's just it's a It's it's everything I hate 39 00:01:53.439 --> 00:01:57.159 about politics infiltrating something I love in comedy. You know, 40 00:01:57.239 --> 00:02:00.280 It's like, it was funny. I had a great time 41 00:02:00.319 --> 00:02:03.079 what I watched about an hour of it. Some guys 42 00:02:03.120 --> 00:02:05.200 got up there and just bombed. They were awful, and 43 00:02:05.239 --> 00:02:09.800 it was uncomfortable, and I loved being uncomfortable. Uncomfortable Tony 44 00:02:09.919 --> 00:02:13.080 was roasted a bunch like him or hate him, whatever. Okay, 45 00:02:13.159 --> 00:02:16.159 he spoke at one of Trump's rallies, Big deal, who cares? 46 00:02:16.439 --> 00:02:17.439 It's comedy For. 47 00:02:17.400 --> 00:02:19.439 A lot of people, they didn't know who Tony Hinchcliffe was, 48 00:02:19.479 --> 00:02:23.039 and did lighten up, lighten up? Well, here was the 49 00:02:23.080 --> 00:02:25.840 president last night at that at the dinner. 50 00:02:25.879 --> 00:02:28.439 And for those of you that want to know the 51 00:02:28.479 --> 00:02:31.759 tariffs you've been hearing about, tariffs were taking in almost 52 00:02:31.800 --> 00:02:35.280 two billion dollars a day in tariffs, two billion a day. 53 00:02:36.280 --> 00:02:42.000 And we're doing very well. And we're doing very well 54 00:02:42.000 --> 00:02:44.639 and making I call them tailor deals, not off the rack. 55 00:02:44.719 --> 00:02:46.680 These are tailored, highly tailored deals like. 56 00:02:46.719 --> 00:02:49.159 That com that that cut could have been in the 57 00:02:49.159 --> 00:02:51.759 comedy special, right. The other cut that could have been 58 00:02:51.919 --> 00:02:53.680 is you wouldn't believe it. I've got people from other 59 00:02:53.680 --> 00:02:55.599 countries that are coming in and they're kissing my ass 60 00:02:56.120 --> 00:02:59.520 like it's just this is exactly how he talks. The 61 00:02:59.599 --> 00:03:02.759 other quote coming out of Trump in the past twenty 62 00:03:02.759 --> 00:03:06.599 four hours be cool. He's like lu Wan had a 63 00:03:06.639 --> 00:03:11.240 real Housewives retreat. Be cool, don't be like uncool about 64 00:03:11.280 --> 00:03:13.639 the tariffs and what's going on on Wall Street. That 65 00:03:13.840 --> 00:03:15.919 was his message, Like it's nineteen eighty seven. 66 00:03:16.000 --> 00:03:18.960 Yeah, he wrote that untruth social just before the market's 67 00:03:19.840 --> 00:03:21.879 opened or right after. Right at the beginning of the 68 00:03:21.879 --> 00:03:24.599 markets today, he wrote, be cool, Everything is going to 69 00:03:24.639 --> 00:03:26.879 work out well. The USA will be bigger and better 70 00:03:26.919 --> 00:03:30.240 than ever before. This is a great time to buy, 71 00:03:30.520 --> 00:03:34.759 he added two minutes later, stocks have been mixed. I mean, 72 00:03:34.800 --> 00:03:36.080 this is kind of the way we're going to have 73 00:03:36.120 --> 00:03:37.960 to be able to judge this right now, because this 74 00:03:38.039 --> 00:03:40.759 is the first real indicator that we've got. It will 75 00:03:40.800 --> 00:03:42.639 take a couple of days and weeks for us to 76 00:03:42.639 --> 00:03:45.199 figure out exactly what the tariffs. 77 00:03:44.800 --> 00:03:48.080 Will be doing. The now right now is been bouncing 78 00:03:48.159 --> 00:03:48.719 up and down. 79 00:03:48.879 --> 00:03:51.000 It's up fifty nine points right now, S and P 80 00:03:51.080 --> 00:03:55.599 five hundred Nasdaq also positive territory. The big winner today 81 00:03:55.599 --> 00:03:58.240 so far has been gold. Gold has been up about 82 00:03:58.280 --> 00:04:02.199 four percent, well over it's approaching that thirty one dollars 83 00:04:02.240 --> 00:04:02.879 announce Mark. 84 00:04:03.039 --> 00:04:06.599 I talked to some money guys last week, and when 85 00:04:06.719 --> 00:04:09.280 Trump says in all caps it's a great time to buy, 86 00:04:09.360 --> 00:04:11.599 that's not out of the line. 87 00:04:11.360 --> 00:04:14.080 Of advice that I read about, where. 88 00:04:13.960 --> 00:04:18.279 If you've got some fresh cash lying around, now may 89 00:04:18.319 --> 00:04:24.079 be a time for investment because the media is so negative. Yeah, 90 00:04:24.079 --> 00:04:26.399 and I'm not giving advice. I'm just saying when I 91 00:04:26.439 --> 00:04:28.279 was reading advice, that's what it said. 92 00:04:28.439 --> 00:04:32.000 Yeah, And I don't know how, but that's the biggest 93 00:04:32.000 --> 00:04:34.079 issue is if you've got the money right now to 94 00:04:34.120 --> 00:04:36.360 play with a lot of people are looking at it, 95 00:04:36.639 --> 00:04:38.920 and even if they do have the money to play with, 96 00:04:39.279 --> 00:04:43.519 they're you know, clenching tighter to that money now because 97 00:04:43.560 --> 00:04:46.600 of the app the uncertainty, and people are not they're 98 00:04:46.600 --> 00:04:50.519 not comfortable putting their money into a market that is uncomfortable. 99 00:04:50.639 --> 00:04:56.319 Well so, so last night, nine o'clock our time is 100 00:04:56.399 --> 00:05:00.800 when the tariffs went into full effect and China immediately 101 00:05:00.839 --> 00:05:04.839 announced retaliatory tariffs. Rise up right now, there is one 102 00:05:04.920 --> 00:05:08.680 hundred and four percent rate on Chinese goods coming into 103 00:05:08.680 --> 00:05:12.000 the United States and a twenty percent tariff on the 104 00:05:12.040 --> 00:05:13.040 European Union. 105 00:05:13.480 --> 00:05:16.959 We talked about it yesterday. China means business. They're here 106 00:05:17.000 --> 00:05:19.120 to play ball. The New York Times wrote it up 107 00:05:19.199 --> 00:05:21.800 as a risky game of chicken between the two and 108 00:05:21.839 --> 00:05:24.600 that's exactly what we're dealing with. We'll talk about the 109 00:05:24.639 --> 00:05:29.199 implications with China and how we could be hurt the 110 00:05:29.279 --> 00:05:33.519 most when it comes to things coming from China, like 111 00:05:33.600 --> 00:05:38.480 everything the President by the way last night said something about, 112 00:05:38.800 --> 00:05:41.600 you know, pharmaceuticals, and I'm like, maybe we got to 113 00:05:41.600 --> 00:05:44.079 sit this one out. We should sit this one out 114 00:05:44.199 --> 00:05:47.639 because a lot of the pharmaceuticals we rely on every 115 00:05:47.720 --> 00:05:51.480 day in this country come from China. Yeah, they come 116 00:05:51.480 --> 00:05:53.439 from other places. They come from the places that we 117 00:05:53.519 --> 00:05:55.600 have directly put a target on for these terrafts. 118 00:05:55.639 --> 00:05:57.480 Well, and what he wants is he wants to see 119 00:05:57.480 --> 00:06:01.439 those drug shakers make the drugs here in the area. 120 00:06:01.519 --> 00:06:04.839 You know what that there's a reason why companies moved 121 00:06:04.879 --> 00:06:06.480 it all to China. It's a hell of a lot 122 00:06:06.560 --> 00:06:08.720 cheaper because they don't have the regulations that we have. 123 00:06:09.079 --> 00:06:12.240 The one example that everybody's been talking about, we'll get 124 00:06:12.240 --> 00:06:15.720 into it as well later is the iPhone. The iPhone 125 00:06:15.959 --> 00:06:19.279 ubiquitous in terms of everybody knows somebody who has one. 126 00:06:19.319 --> 00:06:22.120 If you don't already have one yourself, are you willing 127 00:06:22.160 --> 00:06:25.839 to pay a few thousand dollars opposed to one thousand, 128 00:06:26.040 --> 00:06:29.680 a few thousand dollars for something like an iPhone because 129 00:06:29.720 --> 00:06:30.319 of these terrorists. 130 00:06:30.319 --> 00:06:32.279 That's just one of the examples. But all of that's 131 00:06:32.279 --> 00:06:32.920 still coming up. 132 00:06:34.279 --> 00:06:37.720 You're listening to Gary and Shannon on Demand from KFI 133 00:06:37.959 --> 00:06:39.199 AM six forty. 134 00:06:40.600 --> 00:06:43.720 Gary and shann and KFI AM six forty live everywhere 135 00:06:43.759 --> 00:06:45.160 on the iHeartRadio app. 136 00:06:46.439 --> 00:06:48.399 Do you want to know what your drag queen name is? 137 00:06:49.120 --> 00:06:51.199 Didn't know that it was up in the air. 138 00:06:51.319 --> 00:06:52.240 Do we have any. 139 00:06:52.199 --> 00:06:53.120 Drag queen music? 140 00:06:53.519 --> 00:06:54.199 Of course we do? 141 00:06:54.240 --> 00:06:54.560 Why not? 142 00:06:55.240 --> 00:06:58.319 Non your dad booty, show me the booty, give me 143 00:06:58.360 --> 00:06:59.000 a yeah. 144 00:07:00.079 --> 00:07:05.480 That's okay, that's the word. 145 00:07:05.879 --> 00:07:06.519 Not this. 146 00:07:08.040 --> 00:07:08.439 All right? 147 00:07:08.759 --> 00:07:10.639 This is kind of your drag queen song. I can 148 00:07:10.639 --> 00:07:14.560 totally see you owning the stage with this. Your grandmother's 149 00:07:14.560 --> 00:07:16.720 first name, it's Dixie. 150 00:07:17.600 --> 00:07:19.360 Last dessert or sweet you ate. 151 00:07:22.040 --> 00:07:23.040 Maple cookie? 152 00:07:23.560 --> 00:07:29.839 Dixie, maple cookie, Elmer. I'm going to need your grandmother's name. 153 00:07:30.439 --> 00:07:36.920 Just pick one, Flavia and the last dessert or sweet 154 00:07:36.959 --> 00:07:46.560 you atechi Flavia Mochi, welcome to the center stage. Wait, 155 00:07:46.600 --> 00:07:50.560 we haven't heard everybody else's is ke the okay? 156 00:07:50.600 --> 00:07:52.480 I need your your grandmother's name. 157 00:07:52.560 --> 00:07:57.079 Just pick one surely surely last dessert or sweet cake? 158 00:07:57.920 --> 00:07:58.759 Sureley cake. 159 00:07:59.199 --> 00:08:01.519 I would add an S to that and call her 160 00:08:01.560 --> 00:08:05.560 Shirley Cakes. Listen, I'm just kidding. 161 00:08:05.600 --> 00:08:12.639 Mine is oh wait, Amy's not there. Mine is anime eminem. 162 00:08:11.920 --> 00:08:18.600 An eminem oh anime eminem Anime, Eminem and Shirley Cakes headlining. 163 00:08:18.920 --> 00:08:22.360 I like Flavia Mochi. That's who I'm showing up to see. 164 00:08:22.439 --> 00:08:23.920 Flavia is definitely the headline. 165 00:08:23.959 --> 00:08:26.480 Oh my god, I can see her right now. 166 00:08:27.639 --> 00:08:27.759 Uh. 167 00:08:28.560 --> 00:08:33.279 President Trump on Monday announced that we are planning talks 168 00:08:33.320 --> 00:08:36.440 with Iran. Right, we're trying to get into and stop there. 169 00:08:36.559 --> 00:08:38.559 We're blowing them up, is what we're going to do. 170 00:08:38.679 --> 00:08:43.200 Well, here's here's some evidence that we may be doing both. 171 00:08:44.480 --> 00:08:49.600 There are now six B two bombers on Diego, Garcia, 172 00:08:49.679 --> 00:08:52.840 exactly what my whole island militarily run by the UK 173 00:08:52.960 --> 00:08:54.240 and their friends, and we put a. 174 00:08:54.240 --> 00:08:54.840 Bunch of ourselves. 175 00:08:54.840 --> 00:08:57.399 It's going to be the exclamation point. Kids, this is 176 00:08:58.279 --> 00:09:01.120 it's gonna be. Oh China, Oh, China is not gonna 177 00:09:01.120 --> 00:09:03.279 oh oh okay, all right, well, then we're going to 178 00:09:03.399 --> 00:09:05.279 drop bombs on Iran so that they don't have a 179 00:09:05.360 --> 00:09:06.080 nuclear weapon. 180 00:09:06.279 --> 00:09:09.840 Apparently, this is the largest single deployment of B two 181 00:09:09.919 --> 00:09:13.360 stealth bombers in the history of the United States since 182 00:09:13.440 --> 00:09:16.600 we've had them. Yes, and they forward deploy these six 183 00:09:16.639 --> 00:09:18.639 of them. And by the way, they don't I don't 184 00:09:18.639 --> 00:09:22.120 know if the hangars are large enough to put them inside. 185 00:09:22.399 --> 00:09:25.759 They intentionally park them on the taxiway. 186 00:09:27.200 --> 00:09:28.200 Big battle. 187 00:09:28.720 --> 00:09:32.679 Yeah, my penis is huge and it's stealthy, super or 188 00:09:32.720 --> 00:09:35.919 something like that. China doesn't want to play with it. 189 00:09:36.080 --> 00:09:39.600 We will give it to Iran to play with, you know. 190 00:09:39.840 --> 00:09:41.559 I mean, this is all I don't. 191 00:09:41.360 --> 00:09:43.080 Know where you're going with that. I want to. 192 00:09:44.600 --> 00:09:49.960 This is all related the tariffs, the fact that China 193 00:09:50.039 --> 00:09:53.279 won't get involved the show of force against Iran. 194 00:09:53.440 --> 00:09:54.799 It's all involved. 195 00:09:55.960 --> 00:09:59.960 China, speaking of, has pushed back against the tariff pop. 196 00:10:00.440 --> 00:10:04.240 They've hiked levies on US imports to more than eighty percent. 197 00:10:04.360 --> 00:10:06.639 Tariffs on US goods that go into China will go 198 00:10:06.720 --> 00:10:11.519 to eighty four percent starting April tenth, that's tomorrow, according 199 00:10:11.559 --> 00:10:14.320 to the Office of the Tariff Commission of the State 200 00:10:14.360 --> 00:10:17.320 Council in China. This of course, comes in response to 201 00:10:17.360 --> 00:10:19.600 the US tariff increase on Chinese goods to more than 202 00:10:19.600 --> 00:10:23.720 one hundred percent that began last night. The European Union 203 00:10:23.919 --> 00:10:28.200 also voted today to approve its first set of retaliatory 204 00:10:28.200 --> 00:10:30.480 measures to counter the terriff imposed by the US on 205 00:10:30.600 --> 00:10:34.519 steel and aluminum. The European Commission Commission said that the 206 00:10:34.600 --> 00:10:38.080 duties would start being collected from April fifteenth. I wanted 207 00:10:38.120 --> 00:10:42.320 to add at least one voice into this, Jamie Diamond 208 00:10:42.360 --> 00:10:44.840 from CEO of JP Morgan Chase. He knows a thing 209 00:10:44.919 --> 00:10:50.080 or two about money. He has said, Yeah, this could 210 00:10:50.279 --> 00:10:51.679 get a lot worse. 211 00:10:51.759 --> 00:10:54.200 I'm taking a calm view, but I think it could 212 00:10:54.200 --> 00:10:56.960 get worse if we don't make some progress here. And 213 00:10:57.039 --> 00:10:59.120 of course, you know, trade wars you saw in China. 214 00:10:59.519 --> 00:11:02.000 Raise it rate today, you know, and people to get angry, 215 00:11:02.039 --> 00:11:05.120 and they're gonna have responses. And every country's got choices, 216 00:11:05.480 --> 00:11:07.879 so there are short term choices or long term choices. 217 00:11:08.120 --> 00:11:11.240 Let them settle down, take a deep breath, negotiate some 218 00:11:11.279 --> 00:11:11.840 trade deals. 219 00:11:12.000 --> 00:11:12.559 That's the best PA. 220 00:11:12.840 --> 00:11:14.240 I would love that to happen. 221 00:11:14.480 --> 00:11:17.320 I would love that all to happen, the settling down, 222 00:11:17.360 --> 00:11:20.799 the taking the deep breath. The United States comes out 223 00:11:21.399 --> 00:11:25.480 as getting a better deal with everybody globally, US doing 224 00:11:25.519 --> 00:11:30.919 better because of it, US bringing manufacturing back to America. 225 00:11:31.679 --> 00:11:33.399 I just don't think it's feasible. 226 00:11:33.679 --> 00:11:35.720 I mean, like I said earlier, there's a reason why 227 00:11:35.799 --> 00:11:41.480 CEOs have outsourced the manufacturing of goods to places like China, Vietnam, India. 228 00:11:41.519 --> 00:11:44.279 It's a hell of a lot cheaper. How would you 229 00:11:44.320 --> 00:11:45.879 make it cheaper here? You cannot? 230 00:11:46.320 --> 00:11:48.840 Well, and I just don't think that people have I 231 00:11:48.919 --> 00:11:51.840 agree that in general those would all be great things. 232 00:11:52.399 --> 00:11:54.320 I don't know if we have the appetite to wait 233 00:11:54.360 --> 00:11:55.000 for those things. 234 00:11:55.080 --> 00:11:55.600 We do not. 235 00:11:56.039 --> 00:11:58.519 And I mean you see that in the stock market again, 236 00:11:58.600 --> 00:12:02.720 it's not the wrecked indicator of the strength of the economy, 237 00:12:02.759 --> 00:12:07.799 but it is, you know, when people sell off things 238 00:12:07.919 --> 00:12:10.159 because they want to, you know, take the money. Now, 239 00:12:10.879 --> 00:12:13.559 we're just that's we're bad at We're bad at patients. 240 00:12:13.759 --> 00:12:16.679 We not just Americans, I mean we humans. We're just 241 00:12:16.840 --> 00:12:18.039 bad at patients. 242 00:12:18.039 --> 00:12:21.799 Well, and the inherent problem with this plan is that 243 00:12:21.919 --> 00:12:25.879 his term lasts four years. Even if we're good with patients, 244 00:12:25.919 --> 00:12:29.039 it does not matter. The next regime comes in and 245 00:12:29.080 --> 00:12:32.320 they change the game, and then suddenly you've had patience 246 00:12:32.360 --> 00:12:36.039 for what to see your your personal net worth go 247 00:12:36.159 --> 00:12:37.159 down substantially. 248 00:12:37.360 --> 00:12:40.159 Right. Here's one more comment from Jamie Diamond from this morning. 249 00:12:40.240 --> 00:12:42.799 I hope what they really do is let Scott Bessen 250 00:12:43.080 --> 00:12:46.679 when he's a professional negotiating. I know, Japan, see I gather, Korea, 251 00:12:46.799 --> 00:12:49.919 Vietnam called, and then adventually Europe get those things done 252 00:12:50.000 --> 00:12:52.480 quickly if you want to calm down the markets, show 253 00:12:52.559 --> 00:12:54.879 progress in those things and let Scott take the time. 254 00:12:55.200 --> 00:12:58.360 Trade deals are very large and very complex. They can't 255 00:12:58.399 --> 00:13:00.559 be done overnight, but you really have to have teams 256 00:13:00.600 --> 00:13:01.639 working them to get them right. 257 00:13:02.480 --> 00:13:05.799 So again, the one example that's been held up a 258 00:13:05.840 --> 00:13:08.919 lot is would you be willing to pay thousands of 259 00:13:09.000 --> 00:13:13.480 dollars for your iPhone? Or can you make it in 260 00:13:13.519 --> 00:13:14.559 the United States. 261 00:13:14.600 --> 00:13:16.840 Sure, it'll just cost a hell of a lot more. 262 00:13:17.000 --> 00:13:18.279 We'll talk about that we come back. 263 00:13:19.639 --> 00:13:23.120 You're listening to Gary and Shannon on demand from KFI 264 00:13:23.360 --> 00:13:24.519 AM six forty. 265 00:13:26.879 --> 00:13:30.480 Garyan Shannon KFI AM six forty Live every yearn to. 266 00:13:30.480 --> 00:13:33.679 Send me a stupid survey. You know I'm gonna get 267 00:13:33.720 --> 00:13:34.519 creative with it. 268 00:13:34.679 --> 00:13:37.080 iHeartRadio. App is where you find us all the time. 269 00:13:38.960 --> 00:13:42.240 Yeah, we were talking about the jet Set club in 270 00:13:42.279 --> 00:13:46.679 Santo Domingo, packed with musicians and professional athletes, government officials, 271 00:13:46.720 --> 00:13:52.360 when the ceiling collapsed just a couple days ago. Minutes later, 272 00:13:52.399 --> 00:13:55.440 the entire roof collapse. Concrete slabs that fell killed more 273 00:13:55.480 --> 00:13:58.279 than one hundred and thirteen people, trapped dozens of others 274 00:13:58.360 --> 00:14:01.360 on a dance floor. I had mentioned and at least 275 00:14:01.360 --> 00:14:05.399 one professional baseball player. A former player, Octavio Dotel, who 276 00:14:05.759 --> 00:14:08.039 I mentioned, had played for the Cardinals. He won a 277 00:14:08.120 --> 00:14:10.519 World Series with the Cardinals, but he played for thirteen 278 00:14:10.559 --> 00:14:17.399 other teams, including the Dodgers. So Golf Masters begins tomorrow. 279 00:14:18.360 --> 00:14:22.120 Golf coach Matt Thurman was escorted off the practice range 280 00:14:22.159 --> 00:14:26.360 this morning at the Masters at Augusta. Do you know 281 00:14:26.440 --> 00:14:31.360 why he was wearing shorts? And as a player or 282 00:14:31.440 --> 00:14:36.559 coach or caddie, you cannot wear shorts. You should on 283 00:14:36.679 --> 00:14:38.000 the course or the practice rung. 284 00:14:38.080 --> 00:14:42.279 He should know this. It's like the Yankees with facial hair. 285 00:14:42.720 --> 00:14:47.000 So he's working with this new amateur kid, Hosele Biastaire, 286 00:14:47.080 --> 00:14:49.679 I guess for this year's Masters, and he showed up 287 00:14:49.759 --> 00:14:52.120 on the practice range to help his buddy out, help 288 00:14:52.159 --> 00:14:57.120 his mentee, and the officials that Augusta escorted him off 289 00:14:57.159 --> 00:14:59.559 the course till he went to go change his pants. 290 00:15:00.480 --> 00:15:02.679 Angels beat the Rais yesterday four to three, four oh five, 291 00:15:02.759 --> 00:15:06.279 first pitch there in Tampa. Dodgers lost again to Washington 292 00:15:06.320 --> 00:15:09.240 eight to two, so they'll play. They have an afternoon game, 293 00:15:09.279 --> 00:15:11.559 so one oh five first pitch for them. We've been 294 00:15:11.559 --> 00:15:15.480 talking about the tariffs. Of course, China vowed to fight 295 00:15:15.559 --> 00:15:18.279 to the end in this escalating trade war with the 296 00:15:18.360 --> 00:15:20.720 United States, and they announced that they would raise tariffs 297 00:15:20.720 --> 00:15:24.399 on goods to eighty four percent starting tomorrow. 298 00:15:24.440 --> 00:15:28.240 Some people are visiting Apple stores this week they want 299 00:15:28.279 --> 00:15:31.480 to get an upgrade on their iPhone before the prices 300 00:15:31.600 --> 00:15:38.440 of the iPhones rise. China, obviously, is where Apple produces 301 00:15:38.480 --> 00:15:43.879 the bulk of its iPhones. Insert sweatshop stupid joke here. 302 00:15:44.799 --> 00:15:48.159 With Trump increasing the minimum tariff on Chinese goods to 303 00:15:48.200 --> 00:15:51.720 one hundred and four percent, this will drive up the 304 00:15:51.720 --> 00:15:55.840 cost of Chinese made goods in the United States, which 305 00:15:55.879 --> 00:15:58.240 is pretty much I don't want to say everything, but 306 00:15:58.320 --> 00:16:01.759 it's Chinese made goods. Are you abiquitous? And the iPhone 307 00:16:01.799 --> 00:16:04.480 is just a really great example of one. The thing 308 00:16:04.519 --> 00:16:06.679 with the iPhone, I don't understand why it's such a 309 00:16:06.720 --> 00:16:10.480 talking point with this is it's something that you buy 310 00:16:10.879 --> 00:16:13.720 and then you've bought it. It's not something you buy 311 00:16:14.000 --> 00:16:16.039 every week. It's not the stuff at the grocery store. 312 00:16:16.039 --> 00:16:18.360 It's not the reoccurring costs of the things from China 313 00:16:18.360 --> 00:16:20.240 that we're going to be buying hell of a lot 314 00:16:20.240 --> 00:16:22.519 more than the iPhone. You buy a new Well, I 315 00:16:22.600 --> 00:16:25.759 buy a new iPhone, and then I wait several years 316 00:16:25.799 --> 00:16:27.879 before I buy the next one. I will buy the 317 00:16:27.919 --> 00:16:31.480 next one in the next administration, probably, So that's not 318 00:16:31.480 --> 00:16:32.600 gonna that's. 319 00:16:32.399 --> 00:16:34.000 Not gonna effect you because you and I are the 320 00:16:34.000 --> 00:16:34.679 same way. 321 00:16:34.480 --> 00:16:37.240 And that I I'm not getting rid of that thing 322 00:16:37.279 --> 00:16:37.759 for a long time. 323 00:16:37.799 --> 00:16:39.480 Yeah, the new iPhone doesn't come out and I go, 324 00:16:39.559 --> 00:16:40.879 I have to get it. I have to pay one 325 00:16:40.879 --> 00:16:43.679 thousand dollars to get something that has a better camera. 326 00:16:43.759 --> 00:16:45.399 Like, that's just not how I live. 327 00:16:45.440 --> 00:16:47.919 I know that people do live that way, But there's 328 00:16:47.960 --> 00:16:50.639 so much other stuff from China that's gonna hurt every 329 00:16:50.840 --> 00:16:53.240 day every week starting now. 330 00:16:53.639 --> 00:16:55.960 Well, and I think it's it's because it is a 331 00:16:56.000 --> 00:16:58.720 significant piece of technology. It's not a piece of plastic 332 00:16:59.080 --> 00:17:03.120 that we're getting from China. It's something that is an 333 00:17:03.159 --> 00:17:09.039 example of how complicated international manufacturing has become. So Fox 334 00:17:09.160 --> 00:17:13.119 Cohn makes the iPhones, They assemble the iPhones. They employ 335 00:17:13.240 --> 00:17:16.400 about three hundred thousand people in iPhone City. It's a 336 00:17:16.400 --> 00:17:20.960 place called Jengzhu, China. And Apple, knowing that this tariff 337 00:17:20.960 --> 00:17:23.440 thing was down was coming down the pike, they had 338 00:17:23.559 --> 00:17:28.559 said they would be outsourcing some of their phone assemblies 339 00:17:28.680 --> 00:17:33.359 to India, which has its own manufacturing workforce already in 340 00:17:33.400 --> 00:17:36.000 place and ready to go. If you were to do 341 00:17:36.039 --> 00:17:38.400 this in the United States, and again that's part of 342 00:17:38.440 --> 00:17:41.880 what the pressure is is to get manufacturing back into 343 00:17:41.880 --> 00:17:47.880 the United States. That kind of internationally sourced parts and 344 00:17:48.000 --> 00:17:51.200 pieces that go into a product like an iPhone would 345 00:17:51.279 --> 00:17:55.920 mean you would have to have similar set up here 346 00:17:56.200 --> 00:18:00.079 in North America. For example, about forty different parts and 347 00:18:00.160 --> 00:18:05.480 pieces from the iPhone come from different countries. Most of 348 00:18:05.519 --> 00:18:09.200 the complex and the specialized pieces come from about a 349 00:18:09.279 --> 00:18:10.960 half a dozen countries, and. 350 00:18:10.960 --> 00:18:14.160 Those are made in or near China. 351 00:18:14.880 --> 00:18:17.680 China's close to Taiwan, South Korea, Japan, where some of 352 00:18:17.720 --> 00:18:21.119 the other big important pieces come from. The only realistic 353 00:18:21.160 --> 00:18:23.880 path to an assembly line here in the United States 354 00:18:24.000 --> 00:18:27.599 is to reconstruct the supply chain by shifting some of 355 00:18:27.599 --> 00:18:32.720 the components out of Asia into North America, Canada, Mexico, 356 00:18:32.880 --> 00:18:36.640 something like that, and even northern Europe. But that's difficult. 357 00:18:36.720 --> 00:18:41.039 That doesn't just happen automatically. It's taken decades for that 358 00:18:41.200 --> 00:18:47.240 supply chain to develop into China. It would take arguably 359 00:18:47.640 --> 00:18:52.759 as much time maybe to redevelop here if the United 360 00:18:52.799 --> 00:18:55.079 States was to kind of be the key for all 361 00:18:55.119 --> 00:18:58.480 of it. The other thing is it would require a 362 00:18:58.599 --> 00:19:03.200 dramatic increase in the amount of manufacturing jobs here in 363 00:19:03.240 --> 00:19:06.279 the United States. I mentioned that there's about three hundred 364 00:19:06.359 --> 00:19:09.640 thousand that live and work in this iPhone city, this 365 00:19:09.759 --> 00:19:13.240 jiang Zhu, China that work for Fox con Hiring is 366 00:19:13.279 --> 00:19:16.400 one of the biggest problems that we face here in 367 00:19:16.440 --> 00:19:20.759 the United States. There's a skills gap. In twenty seventeen, 368 00:19:21.599 --> 00:19:24.960 Tim Cook said the incentive to build in China wasn't 369 00:19:24.960 --> 00:19:27.880 the fact that it was cheap labor. Tim Cook said, 370 00:19:28.160 --> 00:19:32.640 it's that it's advanced tooling and that the United States 371 00:19:32.640 --> 00:19:35.200 you could have a meeting of tooling engineers and they 372 00:19:35.400 --> 00:19:39.000 couldn't fill a room. In China, you could fill football 373 00:19:39.039 --> 00:19:43.799 stadiums with people who know how to engineer the. 374 00:19:43.759 --> 00:19:45.079 Team as it would be required. 375 00:19:45.160 --> 00:19:45.680 We know this. 376 00:19:46.319 --> 00:19:48.799 So all of this thing then it takes mountains of money. 377 00:19:48.839 --> 00:19:50.400 Not only do you have to have the jobs, you 378 00:19:50.440 --> 00:19:52.119 have to have the parts. You have to have the 379 00:19:52.200 --> 00:19:56.039 money to just build a facility somewhere. Where are you 380 00:19:56.079 --> 00:19:58.799 going to put that? In China, they have a city, 381 00:19:58.920 --> 00:20:01.720 They literally have us yep that they build this stuff 382 00:20:01.720 --> 00:20:03.559 and we don't have the place for it. 383 00:20:04.119 --> 00:20:07.960 So it's why we ride. It's a small world. Different 384 00:20:08.039 --> 00:20:12.319 lands bring us different things. You know, I'm not going 385 00:20:12.400 --> 00:20:16.359 to go to China for for a hot dog. I'm 386 00:20:16.400 --> 00:20:18.680 not going to go to the side of garlic fries. 387 00:20:21.839 --> 00:20:24.519 That's that is a brilliant analogy. Thank you, Thank you 388 00:20:24.640 --> 00:20:30.440 very much. You've seen land Man. This headline reminded me 389 00:20:30.480 --> 00:20:34.960 of land Man. Oh Mexico warrens against potential US drone 390 00:20:35.000 --> 00:20:36.240 strikes on cartels. 391 00:20:40.079 --> 00:20:42.920 Could you imagine that? I wouldn't. I don't think that's 392 00:20:42.920 --> 00:20:44.200 a bridge too far either. 393 00:20:44.640 --> 00:20:47.599 It's not. It's not too far away from reality. Right. 394 00:20:48.119 --> 00:20:51.200 We'll talk about what the likelihood that will be that 395 00:20:51.240 --> 00:20:54.079 the US would deploy drones against the cartels there at 396 00:20:54.079 --> 00:20:54.519 the border. 397 00:20:55.799 --> 00:20:59.279 You're listening to Gary and Shannon on demand from KFI 398 00:20:59.480 --> 00:21:03.640 ams stories. 399 00:21:03.640 --> 00:21:06.440 We're following for you today and we continue to check 400 00:21:06.599 --> 00:21:09.799 up on Wall Street. Another volatile day. Stocks have been lower, 401 00:21:10.160 --> 00:21:12.680