from Kerry Lutz's Financial Survival Network
The discussion focused on U.S.-China trade relations, highlighting the complexities of tariffs and the challenges in reaching a trade deal. Spencer Morrison expressed skepticism about negotiations, citing China’s track record of not adhering to fair trade commitments and its economy’s vulnerability to trade shocks. Both he and Kerry Lutz raised concerns about the lack of genuine free trade with China, pointing to issues like government subsidies and intellectual property theft, which they believe harm American businesses. They criticized traditional trade negotiation methods, suggesting that AI could streamline the process by identifying unfair terms. Morrison also discussed consumer perceptions of low-priced household appliances, arguing that their poor quality often leads to higher long-term costs. Both speakers expressed optimism about the current administration’s approach to trade issues and shared insights on their respective books, which address economic and geopolitical themes.
Click Here to Listen to the Audio
Sign up (on the right side) for the free weekly newsletter.