Secondly, the policy piece that I worry about, we've talked a lot on this podcast about the battle within the Trump administration on tariffs, how There is one camp within the Trump administration that wants to use tariffs as leverage to lower the tariffs of our trading partners. And Scott Besant, the Treasury Secretary, is in that camp. Elon Musk, when he was part of the White House, he was very much in that camp and I'm enthusiastically in that camp. (11:20–11:30)
CLAIM
Asserts that a faction in the Trump administration supports using tariffs to reduce trading partners' tariffs.
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