China Open-Source, Compute Arms Race, Reordering Global Trade | BG2 w/ Bill Gurley and Brad Gerstner

15% on all goods coming from Europe, 0% on US goods going to Europe.

So an opening up of Europe markets, paying us 15%, and on top of that, getting commitments like $750 billion, almost a trillion dollars of energy purchases from the US.

Or look at Japan, which they announced last week, another huge market.

Again, similar, they're going to pay tariffs to the United States, no tariffs imposed on the United States, and they're going to invest $550 billion into the US in a way the President gets to direct.

So I would lo- uh, I, I, I would...

I just think we need to give the President credit where credit is due everybody said this was gonna lead to retaliation, to trade wars, was gonna be disastrous for the US, and all we've seen so far is deals, deals, deals, deals.

And I have to say if this was the CEO of one of our companies, right? Let's say we had a board meeting at the start of the year and he outlined these plans and we said, "Hey, we're really nervous about this.

You know, this is a high-risk, high-reward strategy.

It's either gonna backfire and we're gonna fire you, or it's gonna work really well and we give you a bonus." If we're measuring them halfway through the year, I would say that he's in line for a bonus.

15% on all goods coming from Europe, 0% on US goods going to Europe.

So an opening up of Europe markets, paying us 15%, and on top of that, getting commitments like $750 billion, almost a trillion dollars of energy purchases from the US.

Or look at Japan, which they announced last week, another huge market.

Again, similar, they're going to pay tariffs to the United States, no tariffs imposed on the United States, and they're going to invest $550 billion into the US in a way the President gets to direct.

So I would lo- uh, I, I, I would...

I just think we need to give the President credit where credit is due everybody said this was gonna lead to retaliation, to trade wars, was gonna be disastrous for the US, and all we've seen so far is deals, deals, deals, deals.

And I have to say if this was the CEO of one of our companies, right? Let's say we had a board meeting at the start of the year and he outlined these plans and we said, "Hey, we're really nervous about this.

You know, this is a high-risk, high-reward strategy.

It's either gonna backfire and we're gonna fire you, or it's gonna work really well and we give you a bonus." If we're measuring them halfway through the year, I would say that he's in line for a bonus.