Back to episode — Episode 3001 CWSA 10/27/25
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maybe a sign of the times. So Trump's in Tokyo. He's already met with the prime minister of Japan and his alleged victories so far in his Asia trip. So he's touring Asia right now. I don't know how much to believe because the reporting seems a little light, but there's reason to think that Trump set up a number of alternative paths for rare earth minerals through other countries that he's meeting…
← Previous segment →s it. So the stock market's up. Seems to be happy. Also because it's now several months into tariffs and we've collected pretty enormous amounts of tariffs and inflation barely budged. Now there weren't many people who thought that could happen. I was sitting on the sidelines watching saying maybe it could happen. There are a bunch of smart people who think it can happen. Meaning that we collect the tariffs and we use it as a trade negotiation and it doesn't create inflation. Not many people saw that coming. I didn't. I was open to it, but I can't say I predicted it. But here we are. So maybe in a few more months things will change, but at the moment it's looking good.
So the people who are rumored to be buying TikTok would be Oracle, Larry Ellison. So that would be a pal of Trump's. Fox Corporation. Can you believe that? So that would be the owners of Fox would also own part of TikTok. That makes perfect sense, doesn't it? As an investment for Murdoch, it makes perfect sense. Andreessen Horowitz will be part of that and Silver Lake Management. So I like anything that Marc Andreessen is associated with because he's a voice of reason. He's not really political in any sense that you normally think of it. He is a common sense guy and real rich and real smart. So the more you give me the common sense guys who are real rich and real smart. Yeah. I want you on the board of directors of TikTok. That works for me.
Well, here's a funny little drama. So Carney, the head of Canada, as you know, there was one minister, Ford I guess it was, who ran that Reagan ad where Reagan allegedly was against tariffs and it was to embarrass Trump because Trump likes Reagan. Republicans like Reagan. And Trump's reaction was to give them 10% more tariffs and stop talking to them on trade deals. So here's the news from Reuters. At that ASEAN summit that Trump's at, and I guess Carney's at too, Reuters says, "From the sidelines of the ASEAN summit, Canada's Prime Minister Carney sent a not so
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subtle message to Washington. We're waiting on you." Carney said that Ottawa is quote ready to sit down with the United States, but admits there's been no contact with Trump since Thursday. So Trump is just freezing him. It's like freezing the kicker. He's just making him wait like there was no way he could send him a text message or anything. He's just going to wait. So Carney's like, I don't kno…
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