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  • 2 days ago

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00:00I don't think it's a boring deal. I actually think it's a very exciting deal because I look at the two billion people and I look at the potential and I look at the potential for, you know, quite a bit of European industry.
00:10You saw for the car industry, for instance, you saw what it did to stocks of of of non-European car manufacturers.
00:19They went down as the as the deal was signed. So I think actually it was it was it was it was it was it was it was it was it was it was it was it was it was it's positive, non-boring deal.
00:29I can't quite agree with Greg. I'm a I'm an ultimate free trader. I can't quite agree with Greg on them on this on the sort of the Trump tariff regime.
00:40I think, you know, trade is not a zero sum game. And if I look at at the US, when you look at the in terms of services, the US does very good.
00:51Well, in terms of goods, it may may have had a lot of quite a few deficits.
00:57But then, you know, manufacturing, I know, make America great again.
01:01But the shape of manufacturing is not anymore the shape of manufacturing that it was in the 1960s, which, you know, which is the time that Donald Trump would like to get back to because there's it's robotics.
01:15It's AI, it doesn't really employ that many people. And I think we have to just put that a little bit in perspective.
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