Rampell: We Don’t Know How Markets Will Interpret the Six Different Revisions to the Tariffs

RUSH TRANSCRIPT WITT Catherine ░░░░░░░░ you pull up your ░░░░░░░░ ball and give me ░░░░░░░░ sense of how the ░░░░░░░░ on Monday might view ░░░░░░░░ tariffs that were just ░░░░░░░░ today RAMPELL I think ░░░░░░░░ problem is not only ░░░░░░░░ we not know how ░░░░░░░░ will interpret these tariffs ░░░░░░░░ we don t know ░░░░░░░░ markets will interpret the ░░░░░░░░ different revisions to the ░░░░░░░░ That could well happen ░░░░░░░░ now and Monday will ░░░░░░░░ I feel like I ░░░░░░░░ bad for the cbp ░░░░░░░░ working at the country ░░░░░░░░ ports because from minute ░░░░░░░░ minute the tariff rates ░░░░░░░░ Usually they re supposed ░░░░░░░░ have months to figure ░░░░░░░░ like how to get ░░░░░░░░ paperwork in new systems ░░░░░░░░ place And in fact ░░░░░░░░ was a story on ░░░░░░░░ from CNBC I think ░░░░░░░░ about how actually no ░░░░░░░░ are being collected on ░░░░░░░░ lot of these shipments ░░░░░░░░ there s a glitch ░░░░░░░░ the system Since there ░░░░░░░░ been too many updates ░░░░░░░░ through effectively under Trump ░░░░░░░░ they re just not ░░░░░░░░ any tariffs at all ░░░░░░░░ they re hoping that ░░░░░░░░ can figure it out ░░░░░░░░ So forget about the ░░░░░░░░ Like how is any ░░░░░░░░ this going to be ░░░░░░░░ And then figure out ░░░░░░░░ will that affect companies ░░░░░░░░ how will that affect ░░░░░░░░