WEBVTT 1 00:00:00.040 --> 00:00:03.359 I know ten years ago that Todd father won the 2 00:00:03.399 --> 00:00:07.280 home run derby at my ballpark, the Great American and 3 00:00:07.320 --> 00:00:09.439 that was maybe the last ten years, the most glory 4 00:00:09.480 --> 00:00:11.679 the Reds have had. Nonetheless, they get to the All 5 00:00:11.679 --> 00:00:14.679 Star break fifty and forty seven, fifty wins, three over. 6 00:00:14.960 --> 00:00:16.879 We'll see what happens after the All Star break. But 7 00:00:16.960 --> 00:00:19.399 until then, one of the big issues facing the nation, 8 00:00:19.440 --> 00:00:22.160 of course, are tariffs, and I think many Americans have 9 00:00:22.239 --> 00:00:24.519 only a secondary knowledge as to what a tariff is 10 00:00:24.920 --> 00:00:27.000 and what's going to happen. The President is going to 11 00:00:27.000 --> 00:00:31.199 announce he says about a five hundred percent additional tariff 12 00:00:31.239 --> 00:00:34.240 on any country dealing with Russia. That means India and 13 00:00:34.359 --> 00:00:38.159 China would almost have a blockade. Ken Raposa has a 14 00:00:38.159 --> 00:00:41.000 long career in the mainstream media staff reporter for the 15 00:00:41.000 --> 00:00:43.920 Wall Street Journal and more, and he's currently an analyst 16 00:00:43.920 --> 00:00:48.039 for the Coalition for Prosperous America. And Ken Raposo, welcome 17 00:00:48.039 --> 00:00:50.280 again to the Bill Cunningham Show. And first of all, 18 00:00:50.320 --> 00:00:53.320 for those living maybe in Mainville, Ohio, can you tell 19 00:00:53.359 --> 00:00:56.119 the American people what is a tariff and how does 20 00:00:56.159 --> 00:00:57.560 it relate to normal Americans? 21 00:00:58.359 --> 00:01:01.679 All right, Well, a tariff is when an importer, Let's 22 00:01:01.679 --> 00:01:05.200 say you and I import a widget from anywhere in 23 00:01:05.239 --> 00:01:08.319 the world, and that whidget costs US one hundred dollars 24 00:01:08.359 --> 00:01:11.120 before we sell it to our final customer, we have 25 00:01:11.239 --> 00:01:14.879 to pay a percentage over the cost of that widget 26 00:01:15.319 --> 00:01:18.719 before we had. Everybody has tariffs. Even the US basic 27 00:01:18.799 --> 00:01:22.200 tariff was three point four percent on the world, so 28 00:01:22.400 --> 00:01:24.359 we'd have to pay a three point four percent tariff 29 00:01:24.400 --> 00:01:27.319 like a tax, and that would go to the government 30 00:01:27.560 --> 00:01:29.879 right and now, the tarer, and that would be paid 31 00:01:29.879 --> 00:01:32.799 by the importer, whoever the importer may be. If BMW 32 00:01:32.879 --> 00:01:36.159 is in North Carolina and they're importing engines for their 33 00:01:36.159 --> 00:01:39.159 BMW's made in Germany, they have to pay now the 34 00:01:39.359 --> 00:01:42.680 twenty five percent tariff or however they negotiate it right 35 00:01:42.799 --> 00:01:46.280 within themselves. They have to pay that tariff to the government, 36 00:01:46.319 --> 00:01:49.439 and then whether or not they transfer that extra cost 37 00:01:49.480 --> 00:01:52.480 onto American consumers. They likely do because automotive it has 38 00:01:52.480 --> 00:01:55.480 a very small margin and didn't cost ten thousand dollars 39 00:01:55.480 --> 00:01:57.760 to build a BMW which they sell for seventy right, 40 00:01:57.760 --> 00:01:59.400 They cost them a lot of money to build those cars, 41 00:01:59.439 --> 00:02:02.439 so they probably transfer some of that to the consumers 42 00:02:02.439 --> 00:02:05.920 in some way, not exactly a twenty five percent, right, increase, 43 00:02:05.959 --> 00:02:07.680 So your one hundred dollar item isn't going to cost 44 00:02:07.760 --> 00:02:09.639 you one hundred twenty five dollars because of a twenty 45 00:02:09.639 --> 00:02:12.479 five percent tariff. There is a lot of leeway there, 46 00:02:12.680 --> 00:02:15.560 but that's how tasks worth. The importer pays it, and 47 00:02:15.599 --> 00:02:18.879 it's up to the importer whether they're going to charge 48 00:02:18.919 --> 00:02:21.520 the customer more. Whoever that customer may be another company 49 00:02:22.319 --> 00:02:23.840 or a consumer like you would make. 50 00:02:24.039 --> 00:02:26.919 So if a large barge and there's tens of thousands 51 00:02:26.919 --> 00:02:31.039 of barges disgorging every day on America sports from Long 52 00:02:31.080 --> 00:02:33.639 Beach to LA to the East Coast to West coast, 53 00:02:33.960 --> 00:02:36.759 and in order to pick up the item that you're importing, 54 00:02:37.280 --> 00:02:39.840 you have to pay the tariff. So it might cost 55 00:02:40.120 --> 00:02:42.800 say ten thousand dollars for a widget, and if the 56 00:02:42.840 --> 00:02:45.560 tariff is a twenty five percent, you may have to 57 00:02:45.599 --> 00:02:48.319 pay one hundred and twenty five percent one hundred percent 58 00:02:48.319 --> 00:02:50.400 for the item itself and twenty five percent of a tariff. 59 00:02:50.560 --> 00:02:53.080 But that doesn't mean that the cost of the item 60 00:02:53.120 --> 00:02:55.000 goes up twenty five percent? Do I got that right? 61 00:02:55.039 --> 00:02:59.520 Correct? Absolutely right, absolutely right? And again that task should 62 00:02:59.560 --> 00:03:02.479 be paid for that item even gets off the boat, right, 63 00:03:02.520 --> 00:03:05.520 So that would be paid before. Otherwise you would never 64 00:03:05.520 --> 00:03:08.439 get anything off the boat. The customers agents wouldn't. I 65 00:03:08.479 --> 00:03:10.479 don't really know how they would how they would do 66 00:03:10.520 --> 00:03:13.000 it all, but yeah, that gets paid before. Now, there 67 00:03:13.039 --> 00:03:15.000 was a study last year or maybe the year before 68 00:03:15.039 --> 00:03:17.479 by the International Trade Commission that's a big government body, 69 00:03:17.759 --> 00:03:21.560 and they said, I believe that the average price goes 70 00:03:21.639 --> 00:03:23.360 up and they were looking at just the China tariffs. 71 00:03:23.400 --> 00:03:25.639 These are the Section three oh one tariffs they're called 72 00:03:25.879 --> 00:03:29.479 that Trump imposed on China in twenty eighteen on most 73 00:03:29.560 --> 00:03:33.280 Chinese goods, and they said that the average price went 74 00:03:33.400 --> 00:03:35.960 up between I think it was one point five and 75 00:03:36.000 --> 00:03:38.520 two point four percent or something like that. It was 76 00:03:38.560 --> 00:03:41.400 so even though those tariffs were twenty five percent. A 77 00:03:41.439 --> 00:03:45.840 lot of times China, the exporter or the import themselves, 78 00:03:46.000 --> 00:03:47.680 they agree on how they're going to eat some of 79 00:03:47.719 --> 00:03:51.599 the margin and then they sell it to the end 80 00:03:51.719 --> 00:03:53.960 user because again, you know, if you don't want to 81 00:03:54.360 --> 00:03:56.919 you don't want to lose market share either. And you 82 00:03:56.960 --> 00:03:59.280 know a lot of these items are you know, they 83 00:03:59.280 --> 00:04:02.639 have big, big markups right right right, Let's forget the 84 00:04:02.680 --> 00:04:05.159 tariff world right, when whenever you walk into a Macy's 85 00:04:05.240 --> 00:04:08.960 or a Growth or any any retail mall, you're constantly 86 00:04:09.000 --> 00:04:11.960 seeing any time of the year, fifty percent off, seventy 87 00:04:12.039 --> 00:04:14.240 percent off. I mean, are these guys just losing money 88 00:04:14.240 --> 00:04:16.199 on everything they sell? Or is it the markup that 89 00:04:16.279 --> 00:04:18.560 great that they can sell an item for seventy percent off? 90 00:04:18.680 --> 00:04:21.079 And this isn't you know, going out of business sale? 91 00:04:21.079 --> 00:04:23.720 These are these a common sale. So because there is 92 00:04:23.839 --> 00:04:26.560 a large markup, so companies on both sides of the 93 00:04:26.600 --> 00:04:30.560 trade often eat the eat that cost in order to 94 00:04:31.319 --> 00:04:34.279 not put too much pressure on their final consumer, because 95 00:04:34.279 --> 00:04:36.879 then their final consumer will do what you and I 96 00:04:37.279 --> 00:04:38.560 we might stop spending. 97 00:04:38.600 --> 00:04:40.199 We won't do it, and nobody wants that. And the 98 00:04:40.319 --> 00:04:43.439 ken raposas since you're an expert, you also worked for 99 00:04:43.519 --> 00:04:47.920 many years at Forbes as a senior contributor. We're told 100 00:04:48.240 --> 00:04:50.639 this morning, I'm watching the news, and of course the 101 00:04:50.680 --> 00:04:52.800 mainstream media is after the Trump star. I mean, he 102 00:04:52.800 --> 00:04:55.480 could cure cancer, they would complain he didn't cure heart disease. 103 00:04:55.800 --> 00:04:58.600 So but they're saying that the policies of Donald Trump 104 00:04:58.800 --> 00:05:01.000 are going to ruin the American way of life. The 105 00:05:01.079 --> 00:05:03.839 tomatoes from Campton, Mexico is a big story. This morning, 106 00:05:04.000 --> 00:05:06.920 your pizzas your sound is going to skyrock. We've had 107 00:05:06.959 --> 00:05:09.920 six months of this president as of later this week, 108 00:05:10.000 --> 00:05:13.920 six months, and inflation is completely tamed. It's like two 109 00:05:13.920 --> 00:05:17.800 point five percent. And the promises of a disaster by 110 00:05:17.800 --> 00:05:21.639 the Democrats of the media has not happened yet. Ken Riposo, 111 00:05:21.680 --> 00:05:23.839 if I have you on hopefully in about a year 112 00:05:23.879 --> 00:05:26.279 from now, is it going to be a complete disaster 113 00:05:26.360 --> 00:05:27.120 with these tariffs. 114 00:05:28.720 --> 00:05:31.920 Well, we will know if it's a complete disaster by September, 115 00:05:31.959 --> 00:05:34.920 because that's when the new tariffs that Trump just announced 116 00:05:34.920 --> 00:05:37.519 in all his letters last week, that's when they'll there 117 00:05:37.519 --> 00:05:38.879 would have been in effect. 118 00:05:38.560 --> 00:05:40.439 For over a month now. But let's not. 119 00:05:40.480 --> 00:05:44.120 Forget that we also had tariffs of at least ten percent, 120 00:05:44.360 --> 00:05:46.639 twenty five percent, as I said earlier, on cars, twenty 121 00:05:46.639 --> 00:05:49.399 five percent on steel, steel a very important item used 122 00:05:49.399 --> 00:05:52.160 to make a lot of things, from a shopping cart 123 00:05:52.199 --> 00:05:55.920 to of course a car. And we've had overall one 124 00:05:55.959 --> 00:05:59.279 hundred percent tariffs for a time being in April on 125 00:05:59.600 --> 00:06:02.879 Chinese imports, which didn't go up with zero by the way, 126 00:06:02.879 --> 00:06:05.279 those imports still kept coming in despite the high cost 127 00:06:05.360 --> 00:06:08.959 they did not go to zero, So no one went 128 00:06:08.959 --> 00:06:11.399 out of business from what I heard. Otherwise, I'm sure 129 00:06:11.399 --> 00:06:13.959 the New York Times, the AP, and CNN would have 130 00:06:13.959 --> 00:06:16.160 had them on twenty four hours a day, seven days 131 00:06:16.160 --> 00:06:19.480 a week talking about it. That didn't happen. You see 132 00:06:19.519 --> 00:06:22.000 what inflation has done so far, so good on the 133 00:06:22.040 --> 00:06:25.720 inflation side, which is mostly a matter of government spending, 134 00:06:25.720 --> 00:06:29.240 which drives inflation, and services of course have been driving inflation. 135 00:06:29.319 --> 00:06:31.839 Your inn bill is going higher, your Disney Plus bill 136 00:06:31.959 --> 00:06:34.839 is getting higher, your health insurances hire. None of those 137 00:06:34.879 --> 00:06:37.720 things are imported goods. So I think that this will 138 00:06:37.759 --> 00:06:40.439 be like we heard during the Super Bowl when Chuck 139 00:06:40.480 --> 00:06:44.759 Schumer was complaining about tariff on Mexico and how avocado 140 00:06:44.879 --> 00:06:46.680 was going to go up in the price and so 141 00:06:46.800 --> 00:06:49.399 then you couldn't buy guacamole, and ha ha ha, you 142 00:06:49.439 --> 00:06:51.199 were going to your super Bowl party was going to. 143 00:06:51.120 --> 00:06:51.920 Be such a failure. 144 00:06:52.120 --> 00:06:54.279 So you know these guys were they just they just 145 00:06:54.399 --> 00:06:56.079 like to go after Trump for anything, And I think 146 00:06:56.120 --> 00:06:58.560 that's really disingenuous. I think most Americans would see it 147 00:06:58.639 --> 00:07:01.360 that way, other than maybe die hot Democrats. But you 148 00:07:01.439 --> 00:07:03.959 just see it as you know, it's just it's just 149 00:07:04.079 --> 00:07:06.680 you know, they just shoot up, they retaliate to whatever 150 00:07:06.720 --> 00:07:08.800 Trump says. It's a knee jerk reaction, and then they're 151 00:07:08.800 --> 00:07:09.560 on to the next thing. 152 00:07:09.759 --> 00:07:13.720 Yep, ken ripose. I say that the Democrats want the 153 00:07:13.720 --> 00:07:16.319 country to fail because it helps them politically. They don't 154 00:07:16.360 --> 00:07:19.279 want success. Now, if in fact there's a five hundred 155 00:07:19.319 --> 00:07:23.399 percent tariff on India and China because they deal with 156 00:07:23.480 --> 00:07:26.639 Russia all the time, and as we speak, the presidents 157 00:07:26.680 --> 00:07:29.120 meeting with the head of the head of NATO in 158 00:07:29.160 --> 00:07:32.360 the Oval Office, and he's threatening a five hundred percent 159 00:07:33.079 --> 00:07:36.680 additional tariff on countries dealing with Russia to pressure them 160 00:07:37.000 --> 00:07:41.399 to stop killing innocent Ukrainians in large numbers. If there's 161 00:07:41.480 --> 00:07:44.600 in fact a five hundred percent tariff on India and China, 162 00:07:45.040 --> 00:07:46.240 kind of play that out for me. 163 00:07:47.480 --> 00:07:50.720 Okay, this whole concept is a Lindsey Graham concept. And 164 00:07:50.800 --> 00:07:54.079 we know many of us know Lindsey Graham as a 165 00:07:54.199 --> 00:07:58.480 warhark senator from South Carolina who hasn't met a war 166 00:07:58.519 --> 00:08:01.160 he doesn't like, and he has been from voting this alone, 167 00:08:01.160 --> 00:08:02.759 and he has a lot of support for this actually, 168 00:08:02.839 --> 00:08:04.759 so he's not a lone wolf entirely, but it is 169 00:08:05.240 --> 00:08:08.800 was his idea and the concept original concept was you 170 00:08:08.879 --> 00:08:11.120 mentioned India as a sidebar. I did not know India 171 00:08:11.120 --> 00:08:13.040 was included in this. Yeah, that's a big problem. That 172 00:08:13.160 --> 00:08:15.199 was a big problem for Trump administration. He is very 173 00:08:15.199 --> 00:08:20.199 close with Modi, the Prime Minister's Mondi Modi. So Lindsey 174 00:08:20.199 --> 00:08:22.279 Graham's idea was, Hey, look, China is by all this 175 00:08:22.439 --> 00:08:24.920 oil and gas from Russia, which is keeping Russia, you know, 176 00:08:25.000 --> 00:08:27.199 the economy going to see all of our sanctions in 177 00:08:27.199 --> 00:08:29.560 there supplying Russia with all this equipment for the military 178 00:08:29.600 --> 00:08:30.439 industrial complex. 179 00:08:30.720 --> 00:08:31.240 Let's do this. 180 00:08:31.519 --> 00:08:33.840 Let's hit China with I think the original number was 181 00:08:33.840 --> 00:08:36.200 two hundred percent tests, but that doesn't matter. Two hundred 182 00:08:36.200 --> 00:08:39.279 five percent. At some point it becomes a blockade, right, 183 00:08:39.840 --> 00:08:42.000 it's just too high. You and I are not going 184 00:08:42.039 --> 00:08:45.639 to be importing goods from China when all of a 185 00:08:45.639 --> 00:08:48.879 sudden the price of that good has gone up fight fold. Unlikely, right, 186 00:08:48.960 --> 00:08:52.919 unless you're importing like a high end, high end perfume 187 00:08:53.000 --> 00:08:55.200 that really costs five dollars to make, but it's got 188 00:08:55.200 --> 00:08:57.000 a Shanel logo on it, so it costs you one 189 00:08:57.000 --> 00:08:59.360 thousand dollars. But that's not the most goods that are 190 00:08:59.360 --> 00:09:03.000 coming in from China. So I would say that if 191 00:09:03.399 --> 00:09:06.519 that was the policy that the Trump administration came out 192 00:09:06.600 --> 00:09:09.559 and said, if you're going to trade in these items 193 00:09:09.600 --> 00:09:13.080 with Russia, whether you're India or whether you're China, or 194 00:09:13.120 --> 00:09:16.559 whether you're any country, and you're going to be imposed, 195 00:09:16.720 --> 00:09:20.480 you're going to face you know, triple digit tariffs, that 196 00:09:20.519 --> 00:09:23.759 would be Wow. That would be very bad for the market, 197 00:09:23.799 --> 00:09:26.919 I would say, And it would be very bad probably geopolitically. 198 00:09:26.960 --> 00:09:29.639 I think a lot of countries, including India, as you mentioned, 199 00:09:29.759 --> 00:09:32.279 I did not know India was involved in this. It 200 00:09:32.279 --> 00:09:36.679 would really lose faith in the Indian government in the US. 201 00:09:36.759 --> 00:09:39.159 They would feel like they're being forced to not do 202 00:09:39.279 --> 00:09:41.559 business with a trading partner that they have done business 203 00:09:41.559 --> 00:09:45.960 with always. India is a historic neutral country. They buy 204 00:09:46.200 --> 00:09:50.000 military equipment from the Russians. They buy nuclear equipment like 205 00:09:50.279 --> 00:09:52.799 nuclear power plants from the Russians. Russia is a very 206 00:09:52.840 --> 00:09:57.679 important supplier of India for heavy machinery and of course, 207 00:09:57.679 --> 00:10:00.440 as they said, military gear. So I I don't think 208 00:10:00.480 --> 00:10:03.320 that they would be I don't think that they would 209 00:10:03.320 --> 00:10:05.600 be receptive to that. As far as China goes, you know, 210 00:10:05.720 --> 00:10:08.480 hitting them with high tariffs, of two hundred percent. You 211 00:10:08.720 --> 00:10:12.879 just touted a Geneva and London successful trade meeting, then 212 00:10:12.919 --> 00:10:14.960 to go back on that and hit them with triple 213 00:10:15.039 --> 00:10:17.559 digit tariffs because of that, again, because of their relationship 214 00:10:17.600 --> 00:10:20.679 with with another country. I just I just see that 215 00:10:20.799 --> 00:10:23.080 at that point that would blow up all trade, all 216 00:10:23.080 --> 00:10:26.200 trade negotiation between the two sides. The market would never 217 00:10:26.279 --> 00:10:28.320 consider that United Stas in China will ever see eye 218 00:10:28.320 --> 00:10:30.519 to eye on anything. And you just you would really 219 00:10:30.559 --> 00:10:34.080 lose faith, lose faith with the Chinese government at that point. 220 00:10:34.360 --> 00:10:37.639 That's terrory. I mean, and they know what we know. 221 00:10:37.879 --> 00:10:40.679 They know what you know, Jijiaopang and MODEI know what 222 00:10:40.720 --> 00:10:42.600 you know, and they know there can't be a five 223 00:10:42.679 --> 00:10:47.159 hundred percent tariff on Chinese products because if that happens. Uh, 224 00:10:47.240 --> 00:10:51.000 the American economy has profoundly changed along with the Indian government. 225 00:10:51.039 --> 00:10:53.919 Oh my god, what happens? Nobody knows? Are you ready 226 00:10:53.919 --> 00:10:54.639 for a big question? 227 00:10:55.720 --> 00:10:56.759 Oh, I'll try my best. 228 00:10:56.799 --> 00:10:58.679 All I kind of sit down and kind of brace 229 00:10:58.759 --> 00:11:03.000 yourself for this one. Because you have great experience in China, 230 00:11:03.200 --> 00:11:06.200 Japan internationally, through Forbes and through the Wall Street Journal, 231 00:11:06.600 --> 00:11:11.360 I read constantly that China is in complete collapse, That 232 00:11:11.399 --> 00:11:13.759 they because of the one child policy, they have a 233 00:11:13.799 --> 00:11:16.879 demographic problem that cannot be solved. That they went fifty 234 00:11:16.960 --> 00:11:20.120 or sixty years having mainly male children won and if 235 00:11:20.159 --> 00:11:23.320 you had another kid, you had a forced abortion. That 236 00:11:23.360 --> 00:11:26.960 they have fifty million empty apartments and condos that can't 237 00:11:27.000 --> 00:11:30.519 be sold, That the economy is completely hollowed out. That 238 00:11:30.639 --> 00:11:34.679 Jijao Ping's father's mausoleum was torn down a year ago 239 00:11:34.759 --> 00:11:37.440 because the real power in China said, we're not going 240 00:11:37.519 --> 00:11:40.080 to honor this guy anymore. They had the Bricks conference 241 00:11:40.120 --> 00:11:42.759 in Brazil and Hijau Ping did not attend. So I'm 242 00:11:42.799 --> 00:11:45.039 getting this information that I've just waited a few more 243 00:11:45.120 --> 00:11:49.240 years China will collapse. What does Ken Riposa say about 244 00:11:49.240 --> 00:11:49.679 that guy? 245 00:11:50.279 --> 00:11:51.960 All Right, I'm going to take this one by one 246 00:11:52.000 --> 00:11:54.399 from one. I remember, I've been hearing China's collapse now 247 00:11:54.399 --> 00:11:57.480 since I started covering it for Forbes in twenty twelve. 248 00:11:58.080 --> 00:12:00.320 That hasn't collapsed yet. There is a big I'm in 249 00:12:00.399 --> 00:12:02.639 China right now. Forget the real estate story, which is 250 00:12:02.639 --> 00:12:05.360 more of a domestic China story. But of course Atasha 251 00:12:05.360 --> 00:12:09.240 a big problem for China because China's manufacturing prowess depends 252 00:12:09.240 --> 00:12:11.480 on exporting to the United States. 253 00:12:11.679 --> 00:12:12.919 What they've been doing now. 254 00:12:12.799 --> 00:12:16.720 Though successfully, is exporting to other countries. You're included. We've 255 00:12:16.759 --> 00:12:20.440 also heard from many years that hey, Europe also has 256 00:12:20.480 --> 00:12:23.840 a demo geographic problem, probably as bad, if not worse 257 00:12:24.120 --> 00:12:28.720 than China, as does Japan. Bad as bad as China 258 00:12:28.799 --> 00:12:31.799 and those countries. No one ever talks about Japan collapsing, 259 00:12:31.799 --> 00:12:34.080 No one ever talks about the European Union collapsing, at 260 00:12:34.159 --> 00:12:36.960 least for the reasons of demography, right, because of course 261 00:12:37.120 --> 00:12:39.519 open borders and YadA YadA, that's a whole the sidebar. 262 00:12:39.840 --> 00:12:44.879 But China, China's going to collapse because of demographics. Then 263 00:12:45.000 --> 00:12:48.039 we could say the same about Japan and the EU. 264 00:12:48.559 --> 00:12:52.600 So I would say that China is a not is 265 00:12:52.600 --> 00:12:54.879 a force to be reckoned with. It is a economy 266 00:12:54.919 --> 00:12:57.600 that has vastly moved up the supply chain of the 267 00:12:58.200 --> 00:13:01.519 of advanced technology. It can make things that will one 268 00:13:01.600 --> 00:13:06.000 day rival Airbus and Boeing yeah seven forty seven in. 269 00:13:06.000 --> 00:13:06.840 The big jet space. 270 00:13:07.159 --> 00:13:11.120 And it's making rocket launchers and rockets that will rival SpaceX. 271 00:13:11.200 --> 00:13:14.120 They will rival SpaceX in the US market, but they 272 00:13:14.159 --> 00:13:18.600 will rival those items like satellite Internet products and getting 273 00:13:18.600 --> 00:13:21.519 satellites and just washed into space. They will rival that 274 00:13:22.039 --> 00:13:25.159 in countries around the world. So China is a big 275 00:13:25.360 --> 00:13:29.159 force against the United States. Not necessarily in our whole market, 276 00:13:29.440 --> 00:13:33.360 but our companies are competing with China advanced technology around 277 00:13:33.360 --> 00:13:35.919 the world, and on price, you're gonna have a hot 278 00:13:35.960 --> 00:13:36.639 time beating them. 279 00:13:36.879 --> 00:13:38.159 So China is a force. 280 00:13:38.480 --> 00:13:40.519 I don't see him going away anytime soon, no matter 281 00:13:40.559 --> 00:13:41.200 what people say. 282 00:13:41.320 --> 00:13:45.279 In america's got a demographic problem too. Every woman has 283 00:13:45.320 --> 00:13:50.639 a duty to produce two point one kids in our lifetime, 284 00:13:50.720 --> 00:13:54.679 despite what many many say, Tony Bender myself and you 285 00:13:54.720 --> 00:13:57.440 cannot produce children. I don't think we can. So it's 286 00:13:57.559 --> 00:13:59.720 up to a woman in America to produce two point 287 00:13:59.759 --> 00:14:03.279 one to stay even with demographics. And they're producing one 288 00:14:03.279 --> 00:14:06.000 point four. So we got one hell of a problem 289 00:14:06.000 --> 00:14:08.960 with women that won't have live babies. Do you agree 290 00:14:09.559 --> 00:14:09.960 it won't? 291 00:14:10.240 --> 00:14:12.000 There you go right, So we also have a demographic 292 00:14:12.039 --> 00:14:14.360 We got a wife has two, my wife has two. 293 00:14:15.600 --> 00:14:18.039 Maybe I gotta make a point one point one. 294 00:14:18.480 --> 00:14:20.559 Well, and let's let's not the whole thing's going to 295 00:14:20.600 --> 00:14:23.320 collapse with Ken Rapuso. This is good. Tariff's a big 296 00:14:23.360 --> 00:14:27.000 issue and uh, I think the Indians and the Chinese 297 00:14:27.120 --> 00:14:30.120 know we can have a five hundred percent tariff because 298 00:14:30.120 --> 00:14:33.240 that's a blockade. But the Trumpster has that thing laying 299 00:14:33.279 --> 00:14:36.039 out there until I guess August first, then Canada and 300 00:14:36.080 --> 00:14:39.360 Mexico have twenty five percent tariffs. There goes to guacamole, 301 00:14:39.480 --> 00:14:42.720 There goes the tomato sauce, There goes to BMW's that. 302 00:14:42.840 --> 00:14:45.360 There goes all the Christmas ornaments made in China. We're 303 00:14:45.399 --> 00:14:50.120 in deep trouble. More information. Is that prosperous you prosperous 304 00:14:50.120 --> 00:14:54.519 America or correct? Ken Rapuso. You're a great American And 305 00:14:54.559 --> 00:14:56.279 thanks for coming on the Bill Cunningham Show. 306 00:14:56.320 --> 00:14:58.759 Thank you anytime. 307 00:14:58.840 --> 00:15:00.919 God bless America. Let's can continue with more. We all 308 00:15:00.960 --> 00:15:04.639 got problems. We got major, major problems. And we need 309 00:15:04.759 --> 00:15:07.679 legal immigration and women and men that want to hook 310 00:15:07.759 --> 00:15:09.559 up and have babies and get married and have a 311 00:15:09.600 --> 00:15:13.519 faith because otherwise we're in trouble. We're not producing enough babies. 312 00:15:13.559 --> 00:15:16.799 Nor is China, nor is Japan. Nor is only country 313 00:15:16.799 --> 00:15:19.559 producing lots of babies. In India, they're the most populous 314 00:15:19.600 --> 00:15:21.720 country in the world. They have one point four billion, 315 00:15:22.000 --> 00:15:24.840 and the Chinese population may be as low as one billion. 316 00:15:25.120 --> 00:15:27.120 I say to men and women, let's get it on. 317 00:15:28.799 --> 00:15:32.320 Bill Cunningham News Radio seven hundred WW. 318 00:15:32.360 --> 00:15:35.720 Some scientists believe early man began speaking between fifty thousand 319 00:15:35.720 --> 00:15:38.480 and two million years ago to teach each other how 320 00:15:38.519 --> 00:15:39.720 to make stone tools. 321 00:15:39.840 --> 00:15:44.279 Oh sud zud what wrong me? No, can't get lugnuts 322 00:15:44.360 --> 00:15:45.840 off cart tire with hand? 323 00:15:46.000 --> 00:15:46.200 Here? 324 00:15:46.519 --> 00:15:50.039 Whoo, try my impact drivers? Ah zud zug. 325 00:15:50.279 --> 00:15:53.200 Lucky to have friends like you, and thanks to our 326 00:15:53.240 --> 00:15:56.960 paleolithic predecessors, we have the Eddie and Rocky Show. They 327 00:15:57.000 --> 00:15:58.960 want to hear what you have to say Eddie and 328 00:15:59.039 --> 00:16:02.679 Rocky this afternoon at three on seven hundred wl WIT 329 00:16:02.720 --> 00:16:05.399 the podcast of their show on the iHeartRadio app. 330 00:16:06.639 --> 00:16:10.159 Do you have a massive IRS problem? 331 00:16:10.960 --> 00:16:14.360 Hit the music through? Hit the music? How much of 332 00:16:14.360 --> 00:16:18.320 a tune? All accept it? Though? Reds Baseball off for 333 00:16:18.360 --> 00:16:21.799 the next few days. All Star Game Home run Derbys tonight. 334 00:16:22.360 --> 00:16:25.720 About ten years ago, the Godfather, the Todd Father, Todd 335 00:16:25.759 --> 00:16:28.440 Fraser won it all at my ballpark, the Great American. 336 00:16:29.200 --> 00:16:30.840 I'm not sure, but that may have been the most 337 00:16:30.879 --> 00:16:33.480 exciting moment in my ballpark in the last ten years. 338 00:16:34.000 --> 00:16:36.799 Todd Frasier doing his job and getting it done. How 339 00:16:36.799 --> 00:16:40.159 exciting was that? Pretty good. Red's off until Friday. The 340 00:16:40.200 --> 00:16:42.399 All Star Game is tomorrow night. We'll see what happens 341 00:16:42.799 --> 00:16:45.240 at the break. The Red Legs are fifty wins and 342 00:16:45.279 --> 00:16:49.519 forty seven losses. It was predicted at the beginning this 343 00:16:49.639 --> 00:16:53.639 year that the Reds would win about eighty games, and 344 00:16:53.679 --> 00:16:55.559 they're on their way to that. To get to that mark, 345 00:16:55.639 --> 00:16:58.720 they have to win thirty of the next sixty five games. 346 00:16:58.799 --> 00:17:01.879 Thirty and thirty five gets them to eighty. And they're 347 00:17:01.919 --> 00:17:04.200 three games out of the wild card because Saint Louis 348 00:17:04.240 --> 00:17:08.200 won laid against Atlanta, so you know they're they're they're 349 00:17:08.400 --> 00:17:11.920 buffering around. Get close. I would think Hunter Green is 350 00:17:11.960 --> 00:17:14.839 required to come back. He's got a pulled groin and 351 00:17:14.880 --> 00:17:17.039 it's been out like that since May seventh. How does 352 00:17:17.039 --> 00:17:19.839 a young guy like twenty six years old Pole is growing. 353 00:17:20.240 --> 00:17:22.440 I have no idea, but he's been out for what 354 00:17:23.279 --> 00:17:26.519 about two months and likely out until a week or 355 00:17:26.559 --> 00:17:28.519 two after the All Star break. We'll see what happens 356 00:17:28.519 --> 00:17:31.079 with the starting pitching and the relief course keeping them in. 357 00:17:31.119 --> 00:17:33.960 They need to score some runs. We'll see what occurs now. Lastly, 358 00:17:34.640 --> 00:17:40.240 or secondly, Police twelve year old dead after shooting last 359 00:17:40.319 --> 00:17:44.119 night in Winton Hills. Man charged with murder. I read 360 00:17:44.200 --> 00:17:46.839 the story. I'm kind of reading between the lines that 361 00:17:46.960 --> 00:17:49.480 the twelve year old boy, what twelve years old is 362 00:17:49.519 --> 00:17:52.359 in the sixth grade was killed in the shooting late 363 00:17:52.400 --> 00:17:55.759 Sunday nine and Winton Hills. By the way, I've been 364 00:17:55.759 --> 00:17:58.720 to Winton Hills. I've had many clients in Winton Hills. 365 00:17:59.079 --> 00:18:01.279 I'd say eighty nine percent of the residents of Winton 366 00:18:01.359 --> 00:18:03.200 Hills when the same thing out of life that I 367 00:18:03.279 --> 00:18:06.119 want out of life. They're good people. I've represented many, 368 00:18:06.240 --> 00:18:10.720 especially mothers in Winton Hills with difficulties with their children, 369 00:18:10.720 --> 00:18:13.839 with their sons. They're good people and they think they're 370 00:18:13.839 --> 00:18:15.960 doing the best they can. But there's a criminal element 371 00:18:16.200 --> 00:18:19.440 coming up, and the line is long coming up to 372 00:18:19.440 --> 00:18:22.519 commit crime instead of going to school and taking care 373 00:18:22.519 --> 00:18:26.440 of business. Police say it happened just before midnight on 374 00:18:26.599 --> 00:18:29.119 sd Avenue and Winton Hills when officers reported to a 375 00:18:29.119 --> 00:18:32.279 reporter of a stolen vehicle. How many stolen vehicles are 376 00:18:32.359 --> 00:18:35.000 there in the city of Cincinnati. The number is hundreds 377 00:18:35.039 --> 00:18:39.039 and hundreds, and it's increasing because largely it's a crime 378 00:18:39.359 --> 00:18:43.519 without consequence. Hell in the Hamlet County. You can get 379 00:18:43.559 --> 00:18:47.720 a low bond for shooting somebody in the head. Ken 380 00:18:47.839 --> 00:18:50.559 Kober sent me a screenshot of a bond set on 381 00:18:50.599 --> 00:18:53.039 an attempt at murder charge. Or a twelve year old boy 382 00:18:53.440 --> 00:18:55.880 was shot in the back of the head and he's 383 00:18:55.920 --> 00:18:58.279 going to recover after a therapy after a lot of 384 00:18:58.279 --> 00:19:01.319 time in a wheelchair, and Prayer is out on bond 385 00:19:01.359 --> 00:19:04.920 with his gun. That's a different story. When cops got 386 00:19:04.960 --> 00:19:08.799 to the scene, they found the twelve year old victim 387 00:19:09.759 --> 00:19:13.480 suffering in the back seat and he went to UC 388 00:19:13.680 --> 00:19:16.839 Medical Center. He died from his injuries. Because he's dead 389 00:19:16.839 --> 00:19:19.359 when we give out his name, twelve year old Neomyah 390 00:19:19.440 --> 00:19:23.680 McMillan Niomayah McMillan was killed in the back seat of 391 00:19:23.720 --> 00:19:27.039 the car. Police said the suspect is thirty one year 392 00:19:27.079 --> 00:19:30.160 old Darius McGrew and charged him with murder in the 393 00:19:30.200 --> 00:19:32.519 death of the twelve year old boy. Thirty one year 394 00:19:32.559 --> 00:19:35.319 old man in the front seat of a car with 395 00:19:35.400 --> 00:19:38.279 a twelve year old boy in the back dead. Police 396 00:19:38.279 --> 00:19:42.559 on the scene said the man had detained told them 397 00:19:43.119 --> 00:19:46.440 that other boys were in the stolen car, but they 398 00:19:46.519 --> 00:19:52.119 ran into the woods. Ryan Hinton style. Dispatcher's told officers 399 00:19:52.160 --> 00:19:54.880 of the scene that another juvenile showed up shot at 400 00:19:54.960 --> 00:19:58.680 Children's hospital for treatment. He survived. Don't know what happened. 401 00:19:59.519 --> 00:20:02.559