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<v Speaker 1>You're listening to Bill Handle on demand from KFI AM

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<v Speaker 1>six forty.

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<v Speaker 2>KFI AM six forty Live everywhere on the iHeartRadio app.

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<v Speaker 2>Neil Savadri here, Bill Handled back on Monday, and the

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<v Speaker 2>whole gang will be here. Happy to be with you

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<v Speaker 2>this morning. Big day, tariffs coming our way, possibly liberation day.

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<v Speaker 2>Dun dun duh. Kfi's White House correspondent John Decker is

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<v Speaker 2>with us. Hey John, good morning.

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<v Speaker 3>Hey, good morning to you. Hope you're doing well. That's right.

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<v Speaker 3>Today is the day that the President will announce his

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<v Speaker 3>tariff plan. What it will look like? Will it be

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<v Speaker 3>fifteen percent tariffs across the board for all goods that

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<v Speaker 3>come into the US. Will it be targeted to specific countries,

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<v Speaker 3>specific industries. We don't know. The President making that announcement

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<v Speaker 3>four pm Eastern Time today one pm Pacific, and it

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<v Speaker 3>will be in the Rose Garden. I'll be in the

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<v Speaker 3>Rose Guard, in the President's full cabinet will be in

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<v Speaker 3>the Rose garden as well. And I have to tell you, Neil,

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<v Speaker 3>financial markets as well as America's trading partners are on

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<v Speaker 3>pins and needles because they do not know what this

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<v Speaker 3>tariff plan will look like.

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<v Speaker 1>It's been weird because it's.

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<v Speaker 2>Sort of a snowball that started, you know, and then

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<v Speaker 2>it picked up speed and we thought something was going

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<v Speaker 2>to happen, then it didn't. Then we finally got a

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<v Speaker 2>date April second, aka Liberation Day. So today is supposed

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<v Speaker 2>to be that big tell all this is what's going on,

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<v Speaker 2>as you say in the Rose Garden. But do Originally

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<v Speaker 2>it seems like who's gonna be tit for tat right?

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<v Speaker 2>You know, you do to us, we'll do to you.

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<v Speaker 2>There were you know, enemies in the pot at first.

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<v Speaker 2>Now it's allies. And is there any expectation that you've

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<v Speaker 2>heard that has any real weight to it or are

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<v Speaker 2>we really flying blind?

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<v Speaker 3>Well, what I can tell you is that America's strongest

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<v Speaker 3>allies in partners are ready for a trade war. They

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<v Speaker 3>have retaliatory tariffs already ready to go, ready to essentially

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<v Speaker 3>pull the trigger on these retaliatory terriffs. And we've seen

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<v Speaker 3>this playoff before. The President had a tariff policy that

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<v Speaker 3>he instituted back in twenty eighteen. The European Union responded

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<v Speaker 3>with retaliatory tariffs focused on agriculture goods manufactured goods. Harley

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<v Speaker 3>Davidson was one of those companies that was impacted in

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<v Speaker 3>a negative sense by those tariffs back in twenty eighteen.

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<v Speaker 3>It's one of the reasons, Neil, that Republican US Senator

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<v Speaker 3>Ron Johnson is very much against the President's tariff policy

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<v Speaker 3>because those tariffs hurt his state a lot, because it's

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<v Speaker 3>got a large agricultural sector, a large manufacturing base Harley

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<v Speaker 3>Davidson based in Milwaukee, and he fears the same thing

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<v Speaker 3>is going to happen again to his state.

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<v Speaker 2>Well, John, we know you got a busy day today

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<v Speaker 2>and we appreciate you taking time to come on. No doubt,

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<v Speaker 2>we'll talk tomorrow. John Decker, kfi's White House correspondent there

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<v Speaker 2>at the White House today in that Rose garden soon

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<v Speaker 2>with the news conference coming up today our time at one.

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<v Speaker 1>Thanks John, Thank you.

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<v Speaker 2>So when you think about these tariffs and how they're

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<v Speaker 2>going to hit us, you got to look at the

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<v Speaker 2>possibility that it's been proposed, which is Canada Mexico. And

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<v Speaker 2>although we have the US Mexico Canada Trade Agreement looking

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<v Speaker 2>at agricultural products, clothing, fruits, vegetables, even dairy and with Mexico,

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<v Speaker 2>Trump says that the tariffs really on Mexican goods are

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<v Speaker 2>intended to crack down on drug drugs coming over border

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<v Speaker 2>policy stuff Canada.

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<v Speaker 1>It's a little harder sell on that.

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<v Speaker 2>Not a lot of drugs come over from Canada, not

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<v Speaker 2>a lot of issues come over from Canada.

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<v Speaker 1>In the same way, in the same sense.

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<v Speaker 2>The reciprocal tariffs are the stuff that made the most

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<v Speaker 2>sense to me right off the top. It's like, Hey,

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<v Speaker 2>if you're gonna hit us, we're gonna hit you back.

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<v Speaker 2>We're tired of being the welcome matt and constantly well

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<v Speaker 2>where America, you guys are bigger, you guys have a

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<v Speaker 2>strong economy, and we're going to take advantage of that.

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<v Speaker 1>That stuff should be over.

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<v Speaker 2>It doesn't mean we got to be d's about it

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<v Speaker 2>or anything like that, but there's a point where you go, hey,

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<v Speaker 2>we can't be the world's tea anymore. What you know,

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<v Speaker 2>if you've got these groups, organizations and countries saying, hey,

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<v Speaker 2>stop being the world's police, stop going in and supplying

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<v Speaker 2>arms and weaponry to X, Y and Z all these

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<v Speaker 2>well you know what, then we shouldn't be supplying money

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<v Speaker 2>either unless it benefits us. Unless if we're going to

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<v Speaker 2>be lenders, what are we being paid back? What do

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<v Speaker 2>we the whole America. First thing, I'm I'm often confused

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<v Speaker 2>why Americans have a problem with doing what every other

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<v Speaker 2>country does on the planet, and that is, hey, we

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<v Speaker 2>got to take care of our home first. I love

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<v Speaker 2>the people on my block where I live, but I

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<v Speaker 2>got to take care of my house first.

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<v Speaker 1>I have to protect them. I mean, I.

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<v Speaker 2>Maybe shouldn't say this, but I do get some supplies

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<v Speaker 2>in our earthquake stuff. I pat it a little bit,

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<v Speaker 2>knowing that my neighbor's flanking me or things like that that,

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<v Speaker 2>you you know, be neighborly and think, hey, if I

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<v Speaker 2>can put other stuff in here that might help my neighbors.

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<v Speaker 2>You know, I don't tell them that. I guess I

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<v Speaker 2>might have just told them that. But that's one thing.

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<v Speaker 2>But you have if we all take care of ourselves,

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<v Speaker 2>then we won't need help from everyone else.

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<v Speaker 1>Right.

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<v Speaker 2>So it's one of those things that at some point

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<v Speaker 2>you got to say, hey, we have to look after ourselves.

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<v Speaker 1>Maybe not do it.

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<v Speaker 2>In the current tone, but we'll see how this plays out.

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<v Speaker 2>I'm sure tomorrow is going to be a big day.

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<v Speaker 2>As far as what comes after this, I can imagine

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<v Speaker 2>it's when does the when do Amy King. When does

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<v Speaker 2>the stock exchange close.

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<v Speaker 1>At the hard time?

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<v Speaker 3>Right?

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<v Speaker 2>Because I was gonna say, doesn't that hit at the

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<v Speaker 2>same time this information is going to be coming out?

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<v Speaker 4>No, they delayed the ceremony, so it'll come out after

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<v Speaker 4>Actually I think, hold on, let me get a final.

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<v Speaker 2>Yeah, because I was just curious that I always remember

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<v Speaker 2>it as one. So I'm like, well, wouldn't that hit

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<v Speaker 2>at the same time that this announcement, so we won't know.

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<v Speaker 4>The announcement's going to be at four pm, which is

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<v Speaker 4>at one pm, so it'll be right after the stock

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<v Speaker 4>market right to that.

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<v Speaker 2>I'm getting East Coast and West Coast. I'll screwed up,

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<v Speaker 2>all right. Val Kilmer passed away. What you know, I

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<v Speaker 2>know that he's gone through a lot, but when you

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<v Speaker 2>think he's he was only sixty five years old and

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<v Speaker 2>he had an interesting attitude and energy. If you haven't

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<v Speaker 2>seen the documentary Vow, I encourage you to do.

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<v Speaker 3>So.

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<v Speaker 1>It's this is a guy who video and probably.

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<v Speaker 2>Filmed I'm trying to think how early on a lot

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<v Speaker 2>of his life and so put it together in this

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<v Speaker 2>documentary and it tells you a lot about him. But

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<v Speaker 2>you know, depending on your age, you may have certain

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<v Speaker 2>favorites of him as far as his films, Oliver Stone's

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<v Speaker 2>The Doors, which was wonderful. I loved him in this

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<v Speaker 2>bizarre role. He played Elvis, kind of an imaginary Yoda

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<v Speaker 2>type figure that shows up in True Romance with Christian Slater,

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<v Speaker 2>and I love that film. True Romance, Violent as hell,

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<v Speaker 2>very dark. It was written by Quentin Tarantino, but not

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<v Speaker 2>directed by him. It was directed by Tony Scott. I

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<v Speaker 2>think fabulous film. But he plays you know this, if

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<v Speaker 2>I remember correctly, he's kind of blurry in the back,

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<v Speaker 2>sort of you'd never really see.

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<v Speaker 1>Him defined, and I liked him a lot in that.

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<v Speaker 2>I also liked him in the you know, silly stuff,

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<v Speaker 2>the slapstick stuff like Top Secret or Real Genius. In

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<v Speaker 2>like Real Genius, he was sort of like Ryan Reynolds

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<v Speaker 2>before Ryan Reynolds was Ryan Reynolds kind of dead panty

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<v Speaker 2>smart ass in those movies, and I always enjoyed him.

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<v Speaker 2>Thought a handsome guy. The you know they say that

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<v Speaker 2>a true actor that really captures the audience is whether

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<v Speaker 2>they're male or female. If they're male, every guy wants

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<v Speaker 2>to be him and every girl wants to be with him.

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<v Speaker 2>And if it's female. Every girl wants to be heard,

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<v Speaker 2>every guy wants to be with them, that type of thing, right,

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<v Speaker 2>And I thought he had that kind of magnetism about him.

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<v Speaker 2>He's fun to watch, seemed to imbibe himself in the

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<v Speaker 2>character and the fact that his life took a turn

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<v Speaker 2>in twenty fourteen with throat cancer. And if I remember,

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<v Speaker 2>he was kind of on the verge of a comeback

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<v Speaker 2>of sorts. He had started doing Mark Twain on stage,

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<v Speaker 2>a one man show, and I think a lot of

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<v Speaker 2>people raise their eyebrows, remember raising my brows to him

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<v Speaker 2>playing Moses on stage. And I remember they approached me

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<v Speaker 2>as the producer of the Jesus Christ Show to maybe

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<v Speaker 2>do a sit down with him or something, and I

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<v Speaker 2>have a vague recollection of maybe talking to him on

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<v Speaker 2>the phone. But you know, he was really going back

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<v Speaker 2>to the stage. I believe he was trained at Juilliard

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<v Speaker 2>and here he has this timing where he was putting

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<v Speaker 2>his own money into this stage show of him playing

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<v Speaker 2>Mark Twain. I think he did a couple.

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<v Speaker 1>Of them and.

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<v Speaker 2>Then started like coughing blood or having issues and then

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<v Speaker 2>found out that he had throat cancer. So he was

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<v Speaker 2>at this point where he was putting his own money

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<v Speaker 2>into himself. He was reinventing himself. He was charging ahead

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<v Speaker 2>with this new opportunity that he believed in. And then

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<v Speaker 2>right then and there, twenty fourteen, is diagnosed with throat

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<v Speaker 2>cancer surgeries, all of those things took his voice away

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<v Speaker 2>from him. He used one of those devices that you

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<v Speaker 2>put up to your throat that can get to help

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<v Speaker 2>you make some sounds as a whole in his throat

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<v Speaker 2>as well. But I remember watching the documentary val it

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<v Speaker 2>was very interesting to see how he went through that

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<v Speaker 2>time period and still found some positivity in those things.

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<v Speaker 2>In his children, he was divorced but still had a

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<v Speaker 2>relationship with his ex wife and you know, as co

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<v Speaker 2>parents and all of that stuff. But what a way

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<v Speaker 2>to go somebody who was so versatile, so talented, handsome,

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<v Speaker 2>you know, a striking fella, to have that kicking the

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<v Speaker 2>balls later in the career, and then to die of pneumonia,

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<v Speaker 2>which still is one of those things like you know

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<v Speaker 2>it's serious, but it always seems like you'll get better. Right,

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<v Speaker 2>you got pneumonia, you're gonna be you can get better.

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<v Speaker 2>But it's a sad end to an illustrious career, and

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<v Speaker 2>one that you saw in so many different ways playing Batman,

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<v Speaker 2>although I'm not saying he is the best Batman or anything.

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<v Speaker 2>I think I was looking at a earlier I think

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<v Speaker 2>it was Entertainment Weekly or something like that, and they

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<v Speaker 2>were listing them all. Let's see, I'm gonna scroll through

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<v Speaker 2>this real quick. Okay, So Keanu Reeves was number ten.

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<v Speaker 2>I guess he played Batman in DC League of Super

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<v Speaker 2>Pets of.

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<v Speaker 1>It's a cartoon. George, I know, I didn't know about

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<v Speaker 1>that one either.

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<v Speaker 2>George Clooney was number nine, and if I remember Will Arnett,

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<v Speaker 2>who does the lego Batman, who I love by the way,

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<v Speaker 2>is number eight, and then Val Kilmer hits number seven. Now,

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<v Speaker 2>if I remember correctly, Val Kilmer was the first time

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<v Speaker 2>they put nipples on the batsuit.

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<v Speaker 4>Yeah, and I just saw it at the Warner Brothers.

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<v Speaker 1>Yeah. Tour weird, I think.

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<v Speaker 2>And then I think that extended on to Clooney as well,

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<v Speaker 2>and then it went away. I don't know who said,

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<v Speaker 2>you know what this suit needs nerps, Let's throw some

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<v Speaker 2>nerps on there. But God bless him rest in peace.

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<v Speaker 2>Val Kilmer passed away at the age of sixty five

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<v Speaker 2>due to pneumonia.

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<v Speaker 1>Sad.

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<v Speaker 2>Sad said, Now avocados today one o'clock our time. Of course,

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<v Speaker 2>we are going to be hearing from the President. It

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<v Speaker 2>is liberation Day, as he has called it. He is

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<v Speaker 2>deemed this liberation Day. We're looking at the possibility of

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<v Speaker 2>sweeping new tariffs, how that affects us. So you're going

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<v Speaker 2>to be hearing that throughout the entirety of the day

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<v Speaker 2>here on KFI. Of course you will hear Gary and

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<v Speaker 2>Shannon talk about it leading up to the announcement, and

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<v Speaker 2>then you'll have John Cobelt at one.

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<v Speaker 1>So stick around go nowhere. So what is this going

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<v Speaker 1>to mean?

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<v Speaker 2>Well, we haven't looked at these types of tariffs or

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<v Speaker 2>hits with Mexico and Canada. But how it's going to

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<v Speaker 2>hit us in Mexico is with avocados.

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<v Speaker 1>Now do we have California avocados? Yes, we do. Are

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<v Speaker 1>they fabulous? Yes they are.

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<v Speaker 2>The difference between US and Mexico is the regions in

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<v Speaker 2>Mexico are set up in such a way that they

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<v Speaker 2>can grow avocados year round.

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<v Speaker 1>We cannot. So we.

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<v Speaker 2>Technically have an avocado season here in California, but in

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<v Speaker 2>Mexico they can squeeze out longer periods, which makes them

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<v Speaker 2>a larger producer of this wonderful fruit. So if you

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<v Speaker 2>love avocados, you got to be going not again. We've

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<v Speaker 2>gone through problems with limes before. Avocados are one that

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<v Speaker 2>gets nailed. Some of them have been for weird reasons.

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<v Speaker 2>I remember the limes at one point, and this might

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<v Speaker 2>have been with avocados as well. Had to do with

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<v Speaker 2>the cartel. So the drug cartel's getting involved, and so

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<v Speaker 2>there's all kinds of messes that have happened before. But

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<v Speaker 2>this would be self induced with the tariffs that could

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<v Speaker 2>be slept on Mexico today and will I'm guessing we

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<v Speaker 2>just will know as to what that will be. So

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<v Speaker 2>this threatens this trade fight with Mexico, which accounts for

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<v Speaker 2>ninety percent of US avocado imports.

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<v Speaker 1>That's the imports.

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<v Speaker 2>You got to read the language there, properly ninety percent

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<v Speaker 2>of US avocado imports. We do have our own avocados

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<v Speaker 2>here as well. So you've got companies like Chipotle who

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<v Speaker 2>have been preparing for this for seven years. They go back,

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<v Speaker 2>they're always looking because in a supply chain. And again

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<v Speaker 2>I you know, listening to the promo for Gary and

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<v Speaker 2>Shannon and then a conversation I had with Shannon yesterday

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<v Speaker 2>about car parts, not just the cars, but the parts.

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<v Speaker 2>You get this global system going, and it's not just

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<v Speaker 2>about having something produced or made here in the United States,

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<v Speaker 2>because some the parts can be made somewhere else. It's

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<v Speaker 2>a long process, that's the reality. But when it comes

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<v Speaker 2>to a business like Chipotle that has, you know, a

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<v Speaker 2>butt ton of location. They have thirty seven hundred locations,

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<v Speaker 2>that's a lot of locations, and guacamole tends to land on.

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<v Speaker 1>Half their orders.

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<v Speaker 2>So half the order is coming out of each of

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<v Speaker 2>those restaurants are going to have guacamole in some form.

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<v Speaker 1>On there.

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<v Speaker 2>So they constantly have to think, well, one, we got

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<v Speaker 2>to start scouring the Americas the Caribbean.

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<v Speaker 1>We need to seek out.

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<v Speaker 2>Farms and suppliers that satisfied their intense demand. This California

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<v Speaker 2>based fast casual restaurant that we love so much. Chipotle

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<v Speaker 2>estimates that it bought around five percent of all avocados

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<v Speaker 2>consumed in the US last year. I butt the I

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<v Speaker 2>consumed the other ninety five personally, one sitting, So that's

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<v Speaker 2>a crap ton of avocados. And so they're looking everywhere.

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<v Speaker 2>Now if you remember back in March there was like

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<v Speaker 2>a twenty five percent tariff slapped on Mexico just for

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<v Speaker 2>a few days, and they were bracing for that. Now

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<v Speaker 2>they're looking all over the world, well not everywhere, because

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<v Speaker 2>not everywhere can grow, but they're looking everywhere to be

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<v Speaker 2>able to find a more consistent path so that they

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<v Speaker 2>don't have to raise that cost or passing on to us.

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<v Speaker 2>And they have looked in other areas that have Like

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<v Speaker 2>Peruvian and Colombian avocados are a little different. They're often lighter,

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<v Speaker 2>little greener, and it confuses sometimes when they show up

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<v Speaker 2>at the door of a particular location of chipotles, because

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<v Speaker 2>they're like, well, this doesn't look right, let's send them back.

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<v Speaker 2>They're like, don't send them back all and this is cool.

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<v Speaker 2>All avocados that show up on the doorstep of your

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<v Speaker 2>local chipotlet are ripe. They're ready to go, so they

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<v Speaker 2>don't let them sit there or anything like that. They're

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<v Speaker 2>ripe and ready to go, and they you know, have

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<v Speaker 2>the recipe and now I want now, I want guacamole

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<v Speaker 2>so bad, the smooth What what the the difference in

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<v Speaker 2>the avocado, Well, there's fort day, there's bacon, there's hass

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<v Speaker 2>or hass hass. There's different kinds of avocados, the different strings,

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<v Speaker 2>and was asking me, well, the smooth and the bumpy,

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<v Speaker 2>So it depends on, uh, the smoother, the smoother, slick

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<v Speaker 2>one waxy ones. I think that's fort day, which are

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<v Speaker 2>the better ones. Has is what we're used to. Our

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<v Speaker 2>hass is what we're used to. I can't remember if

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<v Speaker 2>it's a long it's two a's, but I think it's ass.

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<v Speaker 2>That's what we're used to. That's what we eat. They're

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<v Speaker 2>very creamy, fuerte, like the name implies, is a little

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<v Speaker 2>more hearty, little denser flash. But really for your guacamole

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<v Speaker 2>and all that stuff, we tend to stick with that hass,

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<v Speaker 2>which was locally discovered I think in Altadena area, all right,

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<v Speaker 2>headlined very powerful cancer researchers, opioid abuse analysts, infectious disease experts.

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<v Speaker 2>Layoffs at the HHS begin to take shape, some twenty

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<v Speaker 2>thousand employees, it looks like at this point, as they

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<v Speaker 2>continue to they being the current administration, Trump and of

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<v Speaker 2>course Doze going through with Elon Musk and picking apart

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<v Speaker 2>what probably should have been done a long time ago.

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<v Speaker 2>I mean every administration should every four years, if there

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<v Speaker 2>is an new administration, they should go through and cut

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<v Speaker 2>the fat. You know, have you ever changed you know,

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<v Speaker 2>it's tax time. Have you ever changed a CPA or

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<v Speaker 2>your tax.

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<v Speaker 1>Preparer?

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<v Speaker 2>And they say, hey, we want to look at last

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<v Speaker 2>year's as well to see if we can save you

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<v Speaker 2>any more money. They tend to do that, and they

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<v Speaker 2>can say, hey, listen, there's a couple of things the

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<v Speaker 2>last person miss will do this. That should be like

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<v Speaker 2>the standard to me anytime a new administration comes in,

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<v Speaker 2>not just to play tit for tat in the whole Okay,

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<v Speaker 2>they did this, we're going to eradicate that, but to

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<v Speaker 2>go through and say, hey, is there anywhere where we

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<v Speaker 2>can cut? That should be first and foremost of any administration.

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<v Speaker 2>Not always the case, I think, you know. Obama certainly

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<v Speaker 2>had said, hey, listen, we're going to make some cuts,

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<v Speaker 2>and it's going to be the things that you care about,

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<v Speaker 2>and it's going to hurt.

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<v Speaker 1>That's what cuts are. So as you.

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<v Speaker 2>List the names or of the jobs, or the titles

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<v Speaker 2>opioid abuse, now analyst, cancer research, I know those are

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<v Speaker 2>scary things to be cutting, but if you go to

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<v Speaker 2>the what they refer to as the rank and yank

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<v Speaker 2>approach made popular by the philosophy of former General Electric

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<v Speaker 2>CEO Jack Welch, which people think is, you know, the

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<v Speaker 2>god among gods when it comes to business. He referred

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<v Speaker 2>to it as stack ranking or forced ranking. And they've

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<v Speaker 2>even done that stuff here at iHeart. Maybe it was

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<v Speaker 2>clear channel at the time, but I remember them testing us,

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<v Speaker 2>quizzing us, and going through all these things because the

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<v Speaker 2>thought is that you should identify and remove the bottom

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<v Speaker 2>twenty percent of twenty percent of employees to improve overall

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<v Speaker 2>performance and of course productivity.

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<v Speaker 1>Any chance you.

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<v Speaker 2>Get the bottom twenty percent. So when you have about

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<v Speaker 2>what is at eighty thousand people that work in these

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<v Speaker 2>departments together and you're cutting twenty it's a little more

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<v Speaker 2>than twenty percent there.

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<v Speaker 1>But I will say this, don't get caught.

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<v Speaker 2>Up in the emotional aspect. Aspect aspect, that's the word

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<v Speaker 2>I'm looking for of it, because that's what we do.

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<v Speaker 2>You hear opioid abuse an analyst during this time, infectious disease,

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<v Speaker 2>these are all trigger words that are going to make

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<v Speaker 2>us go, oh my god, the cancer is going to

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<v Speaker 2>go rampant, and opioid abuse is already rampant, and COVID

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<v Speaker 2>Part two comes.

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<v Speaker 1>It's like we're going to get in that mindset. We

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<v Speaker 1>still have to look.

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<v Speaker 2>At why people will let go, if the system will

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<v Speaker 2>run on what is left over and what it saves us.

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<v Speaker 2>The balance of these things are what's going to be important.

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<v Speaker 2>So I keep trying to want to insert the little

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<v Speaker 2>reason into the emotion of everything. Yes, it's scary when

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<v Speaker 2>people get fired. Yes, there will be people that get

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<v Speaker 2>fired and brought back. That happens even here. They do

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<v Speaker 2>wide sweep, sweeping stuff sometimes and then they go up.

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<v Speaker 2>We cut a little too lean. We're gonna need X,

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<v Speaker 2>Y and Z bag. That happens in any business. But

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<v Speaker 2>this isn't new to Trump or anyone else. The well

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<v Speaker 2>praised ge CEO Jack Welsh was very much along the

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<v Speaker 2>lines of that twenty percent stack ranking, forced ranking, rank

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<v Speaker 2>and yank, whatever you want to call it. You get

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<v Speaker 2>those bottom twenty percent and you get rid of them

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<v Speaker 2>because things will work better. We'll have to see. This

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<v Speaker 2>is a KFI heard everywhere on the iHeartRadio app.

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<v Speaker 1>You've been listening to the Bill Handle Show.

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<v Speaker 2>Catch My Show Monday through Friday six am to nine

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<v Speaker 2>am and anytime on demand on the iHeartRadio app,