Ross: Trump Would Be 'Very Good' for Our Portfolio

The transcript discusses the impact of potential changes to the NAFTA treaty on auto parts manufacturing in Mexico, focusing on tariffs as a negotiation tool. It highlights issues with the country of origin rules, where a significant portion of automobile content can come from non-signatory countries like China. The discussion also covers the economic implications of these policies and the strategic decisions businesses might face. Additionally, it touches on political support for Trump, drawing parallels to Brexit and analyzing voting behavior.

What is the primary objective of using tariffs according to the discussion on NAFTA?

• To reduce automobile imports

• To set a framework for negotiation

• To increase government revenue

• To punish non-signatory countries

What percentage of an automobile's content can be from a non-signatory country under the current NAFTA rules?

• 40%

• 20%

• 30%

• 50%

What concern is raised about China's role in the global market?

• China's increasing value-added production

• China's dependency on imports

• China's declining labor force

• China's lack of technological advancement

Why might some Trump supporters not reveal their preference to pollsters?

• Uncertainty about voting

• Support for multiple candidates

• Fear of being labeled anti-immigration

• Lack of interest in politics

What analogy is used to describe the hidden support for Trump?

• The Industrial Revolution

• Brexit

• The American Revolution

• The Civil Rights Movement