Bringing America Back to Life - April 15th, Hour 2
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All right, the Trump tariff effect.
We're now officially at $8 trillion committed investments for the next four years for manufacturing inside the United States.
And, you know, everything from Apple, the announcement yesterday from Nvidia.
Um and very interestingly, and I brought this up yesterday that you know the number of American cars sold in to the European Union is about $8.9 billion a year.
Sounds like a lot of money, but then when you compare it to the number of cars from the European Union that we buy in America, it's nearly $50 billion.
And one of the main reasons is that Europe has a 10% tariff on any automobile imports from America.
And we only have a 2.5% tariff or had a 2.5% tariff.
Now the president's raising it.
And secondarily, they have a VAT tax, a value-added tax, a national sales tax, and that's another 20%, which adds a whopping 30% to the final sticker price of an American car, never mind the shipping cost, uh, that is sold in the Europe to the European Union.
Now, we not only have gone through, we went through Nvidia news yesterday and all the other committed investments from countries and companies and Apple and too many to name and list right now, and I've scrolled that on TV many, many times.
But now these overseas companies, along with 130 countries now looking to make deals with the Trump administration.
My hope is the president will keep it simple, give every country the option, free and fair trade or reciprocal tariffs and other issues like selling oil or currency manipulation or unfair trade practices or trade deficits.
You know, I think could be dealt with separately, and that'll be part of ongoing uh negotiations.
But for 50, 60 years, we have had nothing but establishment and institutionalized thinking in Washington, and we have allowed this this ripping off of America to continue even with many of our allied countries.
It's got to come to an end.
Somebody has to draw a line in the sand.
Now the number of overseas companies that are looking to shift their operations to the U.S. to mitigate the impact of the president's tariffs, the number is growing dramatically.
BMW, for example, now considering adding shifts to their Spartanburg plant in South Carolina to boost output by 80,000 units.
And Honda, the Japanese car maker, they plan to move some car production from Mexico to Canada.
We've talked about that.
The same with Nissan.
Their aim is to make 90% of cars sold in the country inside of America.
Uh Hyunde, we talked about their multi, multi, tens of billions of dollars that they're going to invest in the U.S. And and they are committed now to building their vehicles and even building a new factory in Georgia, they said.
Anyway, here for his analysis of all of it, is former Speaker of the House, New Kingrich.
Uh because you're my older brother, I know that you're you absolutely knowing you so well are not in freak out mode, like so many other establishment institutionalists uh in Washington, DC, and you yourself were a disruptor, not an iconoclast when you were the speaker, and I imagine that you uh you fully expected this to happen, but let's see how it plays out, no?
Well, I just came back from six days in South Korea, and uh the businessmen I talked with there were very basically calm.
They said, Look, we're gonna negotiate.
Uh with you know, the United States is extraordinarily important to the survival of South Korea, and uh we're gonna find ways to work with the president.
And I think from their standpoint, what you're seeing is a profound shift from a deal that had been struck uh really in the right after the collapse of the Soviet Union, uh, in a sense that we could open up the American market and get ripped off every morning, and people like the Chinese were eager to come in and do it.
And as you pointed out about the Europeans, I mean, uh the the entire European model, both on defense and on trade, uh relied on basically uh being able to to rip off the Americans, and that we were going to be passive enough and pleasant enough uh that we would tolerate it.
And I think Trump, in that sense, clearly, just as domestically, I think he is the end of the Roosevelt era after 90 years.
I think in international relations, uh, he is going to be setting up a a very different regime where the United States is going to be pretty tough about making sure promises are kept and making sure that we don't get ripped off.
But I I think this is overdue, and I think that there's gonna be turmoil.
I mean, let's be clear.
There's gonna be a period here where mistakes will be made, there'll be a period where you'll you'll negotiate, and the Trump model is always to uh go way out and be have with huge demand and then work your way back to a deal.
Uh and the uncertainties will be real.
But my hunch is that long before the end of this year, you will be get people begin to realize massive increase in American investment, massive increase in American jobs, uh, and that most of them are gonna be high paying, uh really good manufacturing jobs.
And uh the choice of the American people is simple.
Uh you know, which do you value more?
Really good jobs in America, or the right to buy really cheap products from China.
Uh the Chinese, I think, are are initially running a bluff.
Their economy is too small to go head to head with us and have any hope in the long run of succeeding.
Uh, and they much like the Germans, they they rely unbelievably heavily on exports.
And as these markets uh close down for them, they're gonna have a very, very hard time with their own economy domestically over the next five to ten years.
All right, let me ask you specifically about China.
And, you know, I went through the absolute, you know, there's not a single product manufactured in America that they don't put massive tariffs on.
And they create huge barriers for American products to be sold in China.
And they have been ripping us off and taking advantage of us forever, and now they're trying to insult us and and actually suggest that uh we are peasants here in the U.S. and that we would wail in front of the five thousand years of Chinese civilization, which is okay.
I mean, I can take a good insult uh as well as anybody, but then China suspended their rare earth exports, trying to kneecap U.S. industry relying on Beijing's monopoly, because about 90% of the parts, they halted uh an order that they had for Boeing jets.
Um and in many ways, this might be the moment where America has a major wake-up call that we have been too reliant.
COVID should have been the wake-up call because we realize that so many of our pharmaceuticals were being produced in China, uh, and they're not a reliable partner, and they inflicted COVID on the entire world, lied about it the whole time with the health of with the help of the World Health Organization.
And this now is an issue for as far as I'm concerned, a national security, especially when it comes to semiconductor investment, and we see massive hundreds of billions now being invested in that.
I think in the end, this might be the best thing for national security and for the economy.
I just got a note a little while ago from somebody who knows well Congressman Bob Walker, who used to chair the Science and Technology Committee, he's working with a group right now, and they think within six months they'll have solved the entire uh rare earth problem with China.
Uh and uh what the Chinese are gonna do is they're gonna force us to go out and innovate and invest.
But there's there's nothing that we get from China that we can't ultimately generate here at home.
Uh and I think that that's what part of this fight's all about.
Um I think we're we're seeing now uh they're almost in a in a temper tantrum.
Um I mean, they can you know they can get in a big fight with bowling and get in all sorts of lawsuits over whether or not they're gonna you know uh legally pay for things they've contracted for.
But in the long run, uh we make the best equipment in the world, uh and we make the most advanced technology in the world.
And the truth is, if you took the amount of money and intellectual properties uh by stealing uh from our various companies and stealing from our university and government laboratories, uh the that amount annually has been stunning and is a major factor in the rise of China.
And as we get tougher about this stuff, they're gonna suddenly find that uh they're gonna be cut off from many of the sources of technology that they'd relied on for the last twenty-five years.
What do you think happens with countries like the EU and Japan and Korea and Taiwan and India?
Um what now we've already already seen Great Britain just yesterday, the Prime Minister there uh lifted tariffs on on nearly ninety U.S. products coming into Great Britain, uh, which I thought was uh basically the Trump effect again.
This this eight trillion dollars in committed investment is is real money.
That's that's real investment money for this country.
Uh, I think it certainly will take a little time for this to get into the bloodstream of the economy.
But what what will these other countries do in your view?
Well, you know, Mark Tesla wrote a really interesting column and said Trump may be the most effective free trader in history.
Now what he's basically said to all these countries is you want access to our market, we gotta have access to your market.
You want to cut us off, we're gonna cut you off.
And I see country after country where they're coming forward now.
The Japanese prime minister said, Look, we are not going to retaliate, we're gonna work through this, we're gonna find a way to get it done.
Uh I had the same tone when I was in uh Seoul, South Korea the last five days, where their attitude was, how do we work this out, not how do we get in a big fight?
And none of them have an interest in shifting from being focused on the U.S. to becoming focused on the Chinese, just because the Chinese dictatorship is frankly so frightening uh and so hostile that uh and and and basically rips people off so much that no nobody wants to make that their primary reliance.
Well, I agree, and President Chi can go all around the world as he's currently doing.
He's he's on a tour to try and entice other countries to s to choose them over us.
Uh I don't think the world sees them as a reliable partner, especially because of their unfair trade p practices, their their massive tariffs, their intellectual property theft, and the fact that they're using, you know, sweatshop labor to produce pretty much everything that they're producing.
Look, between artificial intelligence, robotics, and a whole range of other breakthroughs.
We're gonna be the most productive, the most exciting place on the planet, and you're gonna wake up in the morning as a business person and say, okay, do I want to work with the Americans inventing the future, with the Europeans regulating the past, or with the Chinese ripping everybody off?
And I think we're gonna win that competition by a very big margin.
I think so too.
Now, what do you say to the naysayers, these people on Wall Street that have been in a never-ending state of freakout ever since Donald Trump made the announcement?
First, it's okay.
Do I want to work with the Americans inventing the future, with the Europeans regulating the past, or with the Chinese ripping everybody off?
And I think we're gonna win that competition by a very big margin.
I think so too.
Now, what do you say to the naysayers, these people on Wall Street that have been in a never ending state of freak out ever since Donald Trump made this announcement?
Now the markets have settled with the 90 day reprieve, uh, but as a result, you have a hundred and thirty countries that are begging for deals.
My hope is, and the New York Post had a pretty good editorial on this today, is that the president signs deal after deal after deal, which I would equate to win after win after win for uh America generally for American workers overall and the American economy and manufacturing and American security as well.
I think it runs that deep.
I think that's right.
And I think also you have to remember that uh you have a Secretary of the Treasury who actually knows what he's doing, and who so far I think has done uh a really good job.
And so from that standpoint, I think that we are in a pretty good position to uh expect that we're gonna get a lot of deals.
Uh, Scott Besson's done a great job so far.
And uh I think what you're gonna see happen, remember, if if you are a lot of the guys in New York who manipulated markets, who were quite happy to close down American factories while you make tons of money out of children, for example, making Nike sneakers in China.
Um this is all an enormous shock.
Because uh, you know, you didn't mind uh weakening the American economy as long as you got a lot richer.
And so I think there's a legitimate reaction uh from the people who basically for the last twenty-five years uh have favored China over the U.S. and how they made their investment strategies.
And they they had a vision that's which is sort of the Davos vision in Switzerland uh of that gathering of billionaires that you know they were gonna somehow be lords of the universe and the rest of us are all peasants, which may be where the Chinese used the word peasant uh yesterday.
Uh but uh the but the fact is um middle.
You want to talk about peasants, I would say uh maybe they need to look inward as they they're the ones with all the sweatshops, uh, you know, yeah, and uh the oppression of you know all these minority groups as well.
Well, look, I I think the the fact is when you get beyond Shanghai and and uh Hong Kong and Beijing, and you start going into the interior, you still have a country that's that's relatively primitive and relevant and very poor, and that they have a lot of internal tensions, and I think that uh to some extent their reaction is hysteria rather than uh systematically thought through.
Uh President Trump starts with a very simple model.
This is the biggest economy on the planet, it's the most desirable place to be selling things, and we want to make sure that if you're gonna sell here, you're gonna build here, you're gonna create jobs here, and people are rapidly I mean, you know, in the first three months of his presidency, uh the the number of jobs that have been committed, the number of factories that have been committed, it's astonishing.
Uh this is rapidly gonna become the biggest construction boom, probably in American history, at least since World War II.
Uh, and it's uh you're just gonna see lots and lots of people getting good jobs, and you're gonna see the United States once again uh leading the world, and that'll be compounded by the breakthroughs in things like robotics and artificial intelligence and advanced chemistry, where and then for that matter, advanced biology, where in every one of these areas we're gonna lead the planet pretty dramatically.
All right, New Kingrich, as always, we appreciate you.
Uh thanks for being with us, 800-941 Sean, our number if you want to be a part of the program.
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Gretchen Whitmer is the governor of Michigan Michigan.
Michigan has been devastated by tariffs that have incentivized a lot of companies to build their manufacturing plants, auto manufacturing plants, uh out of the U.S. And and then they they charge massive tariffs on any American products coming into their country, including a lot of uh friendly countries, allied countries, supposedly friends like this, who needs enemies, right?
And meanwhile, we provide for the national defense of many, if not most of them.
And anyway, so Gretchen Whitmer has watched the population of Detroit, you know, literally go in half, a once great city.
They're bulldozing entire neighborhoods to consolidate neighborhoods and services.
I mean, you there was a period you can go on eBay and buy a home in Detroit for a dollar because people wanted to get rid of it and any any tax liability that they had.
So if anybody should be concerned or happy about the president fighting to bring back what, eight trillion dollars in investment in manufacturing back home and incentivizing Nissan and Hyende and Honda and all these other auto manufacturers to build an America, you would think it would be the people of Michigan, and maybe they could take these mothballed, you know, auto plants and and build them back up and create high-paying career jobs.
I know the UAW leaders, they would love it and workers would love it.
Uh and uh so she goes to the White House, but she's embarrassed she went.
And she puts a she's literally they're taking a picture of her and she covers her face.
Here's her excuse about it.
How is the Oval Office yesterday?
Well, I think you heard the young man there, you gotta show up, right?
You want results, you gotta show up.
So you're showing up for Michigan.
Do you make you feel comfortable?
Um you know, I did not know they walked me in.
I thought I was going into our private meeting, and of course it was that press conference.
Um, but I did have the opportunity to chat with the president, as you heard him say.
There's some great things about sulfur, um, about protecting the Great Lakes, and I also the primary conference was to talk about the ice storm.
Today I want to talk a little bit about the power of certainty.
We could all use more of it, especially these days.
I mean, one minute, you're certain you're at the White House for a meeting, and the next you find yourself in a press conference.
Governor, you've been in the news a lot lately.
You've been busy.
Yeah, I was how was uh Washington?
Uh did you uh I had watched your speech that morning, and I thought it was great.
I I thought you had touched upon uh uh really the high points of what's important and the ships, chips, and cars.
Yep.
Uh and then about 90 minutes later, or so uh there was a change in the direction of uh of uh uh news coverage coverage?
Yeah.
And the next morning I woke up and here you are in the paper.
Beautiful picture of you.
Um asked me what what was going through your mind at that moment, and it was I don't want my picture taken.
That's all it was.
Uh I kind of wish I hadn't put my folder up in front of my face, but whatever.
I don't want my picture taken.
What politician doesn't want their picture taken in the Oval Office?
Oh, that's right.
Only one that really is is begging for help from Donald Trump but doesn't want the world to know about it.
All right.
Speaking of Michigan, we have Jennifer.
Jennifer, you're on the Sean Hannity Show.
Hi.
Hi, thanks for taking my call.
Oh, Gretchen Whitmer is just the worst.
But having her in the Oval Office to witness President Trump signing the EO on the twenty twenty election fraud was savage.
That was such a brilliantly calculated and deliberate move on Trump's part, and just seeing the humiliation on Whitmer's face.
Oh, that was gold.
That was pure gold.
It was pure gold.
I mean, it was uh hiding her face, doesn't want to be seen there, but definitely wants the policies, uh, needs the policies for her own political survival.
Oh, I don't think she's gonna survive what else Trump has up his sleeve.
And I hope um A.G. uh ne Nessel and uh Secretary of State Benson, I hope they're paying attention because what went on in Detroit at 2020 election, yeah, we're not stupid.
We're we're not blind.
We saw what went on.
So we've been patient, and I just haven't stopped smiling since November Fifth.
So it's all gonna be you know what?
You you shouldn't stop smiling.
And you know, again, the Republican Party now and the MAGA movement is emerging as the representatives of hard working men and women, and the Democratic Party is the party of woke, radical, extreme coastal elites that are completely out of touch with the people that make this country great.
And I'm telling you, this is this is transformational politically, and this could change you know, th this can literally change demographics in states if if everything works out, hopefully over time and it takes time.
Uh this could this could dramatically shift the electorate, I think, for for a generation or more.
And I hope it does.
Jennifer, we appreciate you.
Glad you're out there.
Ralph in New Hampshire.
Hey Ralph, how are you?
Glad you called.
Hey, hey, Sean, thank you for taking my call.
I was uh gonna talk to you about tariffs, you know.
I look at tariffs at some of the product that China sells and everything.
They're gonna be stuck with that stuff.
So it'll be like a reverse uh boycott, so to speak.
I don't know if you can remember the boycotts back in the day.
People don't buy things, and guess what?
They get stuck with the product and eventually they have to sell it to somebody because he can't sit on it.
And hopefully that'll happen and prices will come down in a lot of products if this keeps going on.
Yeah.
Well, I'm just telling you right now, it is uh i i China now has gotten so aggressive and so confrontational, and it let them do that.
And I and I actually agreed with the New York Post editorial today.
Let the president now go forward with other countries, allied countries, there are 130 plus of them, and sign deal after deal after deal, free or fair tr free and fair trade or reciprocal tariffs that's gonna be up to them.
They can deal with other financial issues.
One of the big ones to me would be selling American energy to these countries abroad that desperately needed for national security reasons.
And and let's see, let's see how this plays out.
I I'm I would bet that China needs uh needs access to our markets.
And if China wants to keep playing hardball, let them try, but they picked the fight with the wrong guy.
And President Chi can go around the world all they want.
The world doesn't trust China and they don't trust him.
You know, earlier in the program, I can give you the list and go through it again and again and again of all of the all of the things that China is hitting us with massive tariffs on.
And they have basically they've been in a tariff war against us, and we've taken it and they've been abusive in it, and I think it's time for America to not be abused anymore and not be ripped off anymore.
And China, in spite of what they're posturing, is gonna have to come to the table at some point, or America will just emerge as the the world's Economic leader.
Now, in the end, there might be look, there might be a short period of time where there's a lot of there's some pain and transitional, you know, difficulties, but frankly, they're not a reliable partner.
I don't want our pharmaceuticals produced in China.
I don't want our semiconductor chips produced in China.
And there are other partners we can, you know, we can deal with that will manufacture and deal with rare earth minerals and everything else that we're going to need.
America will have options and does have options, and we're going to use them.
Yeah.
Sounds good.
All right, my friend.
God bless you, Ralph.
And live free or die.
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Jim, Wisconsin.
Jim, how are you?
Glad you called.
Hey, Sean, thanks for taking my call.
Thank you.
Points I want to bring up is uh the Democrats are always fighting voter ID and uh term limits.
Uh people should have to ask themselves why when it would just as likely um affect a Republican um politician as well.
Um case in point, DeSantis can't run again.
Um his term ends in uh 2027.
Um it's it's fair all the way around, and I don't know why anybody uh would be uh fighting those two uh ideas.
Uh one other thing I want to bring up is I moved uh three years ago to Wisconsin from Illinois, left a good high paying union job.
I just could not stand being in that state uh one second longer.
And my wife and I went uh to a Trump rally in Wisconsin, a bus stop tour and the town hall meeting, and one message they gave it all three of those was not to uh stop uh getting out to vote.
Uh case in point, uh Susan Crawford just won uh instead of Brad Schimmel and uh uh Derek Van Orden, our rep uh was on the radio a few days back and said that 600,000 Republican voters did not turn out for that election.
And how easily Crawford could have been defeated.
She won by 300,000 volts, votes, and there was uh 600,000 people that didn't uh vote.
And um I it's just shame on every Republican that didn't get out for the Well, there's one there's one thing you're not factoring in that I believe was a big part of that special April 1st election.
And I think that the the conservative justice, who I liked on issues, was on record as supporting an 1800s law on abortion in Wisconsin that made no exceptions for rape incest of the mother's life.
Now, when you go back and you look at when Josh Shapiro beat Doug Maastriano in Pennsylvania going back a number of years ago, that was the year Oz was running against Fetterman.
So I was very familiar with that race, and Maastriano had no exceptions for rape incest mother's life.
It is to me, especially in a swing state, an untenable position for any Republican to get elected in period end of sentence.
What whether you like it forget about where you stand on the issue.
Now, it it's it's kind of a moot point because the Supreme Court codified the abortion pill, uh, which is basically a first trimester law that allows for abortion and its availability around the country.
So I I think in that sense it's we're we're at 10 to 12 weeks now, and now it's a matter of what states prefer, and the states will make that decision.
And I think I just don't believe in any swing state that I can think Of that if you have that position on abortion that you can win a statewide election.
That's my position.
Do you think I'm wrong?
Oh no, no, I would agree with you.
Yeah.
But, you know, I mean, that and 300,000 votes was nothing.
I think that that is a big issue for a lot of Americans.
And uh it doesn't matter what my position is.
I'm just looking at this purely from a political standpoint, not a moral standpoint.
But the country, even look at Mississippi, 15 weeks.
Look at Ohio.
What do they go to?
I think they went to 16 weeks.
And and these are red states that are overwhelmingly supporting first trimester or a little bit longer abortion laws.
And I think, you know, then you get to the point where, okay, when is the feat as viable?
And I think science might even change the entire equation and the debate over time.
But we'll have to wait and see.
So it just is a little bit more complicated.
It's sad because this very liberal justice Crawford is gonna have to weigh in on issues of redistricting, and the Democrats will gerrymander, and they may pick up as many as two seats.
I tried to warn people about the consequences of that election, but it is what it is.
And I think Republicans have to be very, very smart in who they decide to run in these elections, period.
And that does matter, especially in a swing state like your state of Wisconsin.
Although I think Wisconsin has the possibility of being a red state if if Republicans can get all of these issues right, and that that happens to be an important issue.
We saw the consequences after Roe v.
Wade was overturned in terms of the next cycle.
Uh there was great impact.
And then the state started adopting laws responding to the people uh in their respective states, and then people calmed down about it.
And Democrats really don't have the ability to demagogue it.
In this case, I think they had the ability to demagogue it.
Uh, Jim, we appreciate you, man.
Thank you.
800-941 Sean, if you want to be a part of the program.
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Every Monday, Wednesday, and Friday, we break down the news and bring you behind the scenes inside the White House, inside the Senate, inside the United States Supreme Court.
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What I told people, I was making a podcast about Benghazi.
Nine times out of ten, they called me a masochist, rolled their eyes, or just asked why.
Benghazi, the truth became a web of lies.
From prologue projects and pushkin industries, this is fiasco Benghazi.
What difference at this point does it make?
Listen to Fiasco Benghazi on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.