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    Date
    Summary
    Matt Priest Appears on ‘Fox News Live’ to Discuss Trump’s Tariff Plan
    Source
    Fox News Channel (FNC)

    Name: Fox News Channel (FNC)

    URL: https://www.foxnews.com

    Show
    FOX News Live

    Name: FOX News Live

    URL: https://www.foxnews.com/shows/fox-news-live

    Persons
    Jonathan Hoenig

    Name: Jonathan Hoenig

    Employment: Capitalist Pig Hedge Fund LLC

    Position: Founding Member

    , Molly Line

    Name: Molly Line

    Employment: Fox News

    Position: Correspondent

    , Matt Priest

    Name: Matt Priest

    Employment: Footwear Distributors and Retailers of America (FDRA)

    Position: CEO & President

    Event
    Event location
    Link
    Original recording
    Uploaded
    12/08/2024 05:23 am
    Owner
    Type
    Video
    Format
    MP4 (1280x720) Use clipper to adjust file type
    Duration
    0:04:24
    Views
    4
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    Transcript
    RUSH TRANSCRIPT Griff and ░░░░░░░░ California governor Gavin Newsom ░░░░░░░░ president elect plan on ░░░░░░░░ from Mexico and Canada ░░░░░░░░ one of the biggest ░░░░░░░░ increases in U S ░░░░░░░░ Especially effecting farmers across ░░░░░░░░ golden state during a ░░░░░░░░ visit to the southern ░░░░░░░░ on Thursday and as ░░░░░░░░ says don t think ░░░░░░░░ a second this won ░░░░░░░░ impact you Molly Molly ░░░░░░░░ more on potential impact ░░░░░░░░ tariffs let s bring ░░░░░░░░ fbn contributor CEO of ░░░░░░░░ distributor retailers of America ░░░░░░░░ Priest thank you for ░░░░░░░░ us on this Saturday ░░░░░░░░ greatly appreciate it I ░░░░░░░░ to get into the ░░░░░░░░ of footware which I ░░░░░░░░ is a fascinating side ░░░░░░░░ of this but jonathon ░░░░░░░░ s just start with ░░░░░░░░ Newsom a democratic critic ░░░░░░░░ surprising that he would ░░░░░░░░ after Trump s tariff ░░░░░░░░ Your thoughts on this ░░░░░░░░ Newsom s krittism how ░░░░░░░░ are arguing that the ░░░░░░░░ is more of a ░░░░░░░░ it is a tool ░░░░░░░░ the president elect is ░░░░░░░░ So I m not ░░░░░░░░ fan of Gavin Newsom ░░░░░░░░ it is a tax ░░░░░░░░ by Americans President Trump ░░░░░░░░ also talked about cutting ░░░░░░░░ lot of taxes which ░░░░░░░░ be tremendous income over ░░░░░░░░ tips et cetera But ░░░░░░░░ the first term it ░░░░░░░░ about 80 billion in ░░░░░░░░ and equated it to ░░░░░░░░ 625 dollars per American ░░░░░░░░ And the proposed tariffs ░░░░░░░░ President Trump are much ░░░░░░░░ than anything we ve ░░░░░░░░ Basically reversing a trend ░░░░░░░░ lower tariffs since the ░░░░░░░░ Lots of ambitious goals ░░░░░░░░ know curtailing drugs images ░░░░░░░░ American jobs but there ░░░░░░░░ a lot of business ░░░░░░░░ I mean companies like ░░░░░░░░ mart doctor dollar tree ░░░░░░░░ higher prices tariffs get ░░░░░░░░ through Molly yeah Some ░░░░░░░░ points there but let ░░░░░░░░ hear from President Trump ░░░░░░░░ on this very issue ░░░░░░░░ brought up the drug ░░░░░░░░ as well Jonathon take ░░░░░░░░ listen I spoke the ░░░░░░░░ day to the president ░░░░░░░░ new president of Mexico ░░░░░░░░ nice woman And we ░░░░░░░░ a very nice conversation ░░░░░░░░ she said why are ░░░░░░░░ doing this to me ░░░░░░░░ said I m not ░░░░░░░░ putting a lot of ░░░░░░░░ because you re allowing ░░░░░░░░ to pour into the ░░░░░░░░ we can t allow ░░░░░░░░ anymore it stopped It ░░░░░░░░ so fast It stopped ░░░░░░░░ Molly Matt your thoughts ░░░░░░░░ this That this seems ░░░░░░░░ be something that President ░░░░░░░░ is saying is openly ░░░░░░░░ of the pressure game ░░░░░░░░ for having me on ░░░░░░░░ at the end of ░░░░░░░░ day you know tariffs ░░░░░░░░ a tax on goods ░░░░░░░░ come across the border ░░░░░░░░ while we support the ░░░░░░░░ elect President Elect Trump ░░░░░░░░ policy goals and a ░░░░░░░░ of these different areas ░░░░░░░░ released to immigration and ░░░░░░░░ those types of things ░░░░░░░░ are concerned that the ░░░░░░░░ based approach of 25 ░░░░░░░░ Mexico 25 on Canada ░░░░░░░░ on China will impact ░░░░░░░░ goods across the border ░░░░░░░░ pay 4 billion a ░░░░░░░░ in tariffs already and ░░░░░░░░ paying them since 1930 ░░░░░░░░ we re well aware ░░░░░░░░ how tariffs drive up ░░░░░░░░ for American consumers Molly ░░░░░░░░ And your specialty we ░░░░░░░░ talking about footware we ░░░░░░░░ stats on that trade ░░░░░░░░ worldwide reporting that a ░░░░░░░░ of athletic shoes jump ░░░░░░░░ to 106 or 116 ░░░░░░░░ So this is just ░░░░░░░░ of the estimates on ░░░░░░░░ very specific I covered ░░░░░░░░ first Trump Administration of ░░░░░░░░ we talked a lot ░░░░░░░░ tariffs then I covered ░░░░░░░░ seafood industry out of ░░░░░░░░ they were hit by ░░░░░░░░ back then we did ░░░░░░░░ whole story on it ░░░░░░░░ specific industries potentially could ░░░░░░░░ an impact Jonathon your ░░░░░░░░ on what industries could ░░░░░░░░ be the most impacted ░░░░░░░░ especially as stated that ░░░░░░░░ roughly 9 out of ░░░░░░░░ pairs sold in the ░░░░░░░░ are made overseas and ░░░░░░░░ majority of Americans say ░░░░░░░░ prefer to buy American ░░░░░░░░ a small minority of ░░░░░░░░ say that they re ░░░░░░░░ to pay much more ░░░░░░░░ 20 for the same ░░░░░░░░ or service just because ░░░░░░░░ re purchased in America ░░░░░░░░ what you re seeing ░░░░░░░░ companies now are basically ░░░░░░░░ scrambling understand how to ░░░░░░░░ get exceptions to the ░░░░░░░░ or have to pay ░░░░░░░░ pass the costs on ░░░░░░░░ everyday Americans Molly a ░░░░░░░░ final words on the ░░░░░░░░ and tariffs hitting that ░░░░░░░░ Exactly I mean he ░░░░░░░░ right it is actually ░░░░░░░░ out of 100 pairs ░░░░░░░░ shoes sold in the ░░░░░░░░ are made overseas and ░░░░░░░░ we even polled Trump ░░░░░░░░ themselves and almost 70 ░░░░░░░░ them said they do ░░░░░░░░ want additional tariffs on ░░░░░░░░ like kids shoes that ░░░░░░░░ upwards of a 70 ░░░░░░░░ and so we hope ░░░░░░░░ Trump Administration is more ░░░░░░░░ we want to work ░░░░░░░░ them as they tamp ░░░░░░░░ inflation and because it ░░░░░░░░ a priority for us ░░░░░░░░ well Molly Matt Priest ░░░░░░░░ thank you for your ░░░░░░░░ griff to you Griff ░░░░░░░░ conversation up next a ░░░░░░░░ at the unrest beyond ░░░░░░░░ borders from political turmoil ░░░░░░░░ all out war Stick ░░░░░░░░ us We design and ░░░░░░░░ our own tools And ░░░░░░░░ them directly to you.
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