Why Tariffs Are NOT Hurting These CEOs | Josh Smith & Bayard Winthrop #435 | The Way I Heard It

Mike Rowe
01:09:45 Report Issue
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Chapters & Sections (134)

00:00 Podcast Introduction and Context Setting chapter 2
00:00 Host Sets Theme and Introduces Guests
00:30 Guest Introduction and Background
01:02 Interview with Josh Smith on Domestic Manufacturing chapter 4
01:02 Josh Smith Discusses Supply Chain Stability
01:33 Impact of Tariffs on Small and Medium Manufacturers
02:37 Personal Reflections on Manufacturing in America
03:08 Consumer Perception of American-Made Products
04:08 Challenges Facing American Manufacturers Amid Tariffs chapter 3
04:11 Financial and Operational Challenges from Tariffs
05:15 Industry Responses to Rising Costs
06:47 Strategic Supply Chain Considerations for Future Stability
07:16 Historical Perspective on U.S. Manufacturing Resilience chapter 1
07:19 Historical Example of Rapid Manufacturing Scale-Up
08:20 National Security and Manufacturing Flexibility chapter 2
08:20 CNC Machines and National Security Role
08:51 Manufacturing Facility as a Strategic Asset
09:22 Historical Context of American Steel Production chapter 2
09:22 Pandemic Supply Chain Lessons
09:52 Tariffs and Economic Security Debate
10:24 Impact of Crucible Steel Bankruptcy on Knife Industry chapter 3
10:24 Crucible Steel Bankruptcy Overview
10:55 Alternatives to American-Made Knife Steel
11:27 Specific Alloys Used in Knife Production
11:59 Steel Supply Chain and National Security Concerns chapter 3
11:59 Geopolitical Implications of Swedish Steel Supply
12:30 Future National Security Risks from Lost Domestic Steel
13:02 Tariff Policy and Potential Military Impact
13:31 Policy Recommendations for Domestic Steel Production chapter 3
13:31 Government Support for Rebuilding Steel Mills
14:02 Public-Private Partnerships and Tax Incentives
14:34 Broader Manufacturing Priorities Beyond Steel
15:05 Broader Implications of Manufacturing Decline chapter 2
15:05 Consumer Perspective on Domestic Production
16:09 Local Economic Impact of American Manufacturing
16:40 Local Manufacturing Growth chapter 3
16:40 Leather Sheath Production in Idaho
17:10 Montana Block Cutting Boards Expansion
17:43 Scale and Distribution Concerns for High-End Knives
18:14 Scaling Challenges and Market Strategy chapter 2
18:14 Consumer Perception of Cheap vs. Premium Products
19:14 Influencer Impact on American-Made Brands
19:44 Personal Journey from Lineman to CEO chapter 3
19:44 From Garage Startup to 160,000 Knives Production
20:16 Personal Background and Early Career as a Lineman
20:46 Challenges of Scaling to Large Retailers
21:58 Manufacturing Workforce and Skill Development chapter 4
21:58 Vision for American Manufacturing and Job Creation
22:51 Impact of Reshoring on Skilled Labor Demand
23:55 Addressing Skill Gaps in Knife Production
24:58 Training New Employees to Become CNC Machinists
25:29 Hiring Youth and Embracing AI chapter 3
25:29 Hiring Young Talent Over Older Workers
26:00 Youth Smartness and AI Adoption
27:13 Fast Pace of Technological Change
27:34 Product Story, Foundation, and Community Impact chapter 3
27:34 Product Story and Perpetual Royalty Arrangement
28:07 Fundraising Success and Foundation Goals
28:37 Impact of American-Made Products on Consumers
29:08 Apprenticeship Journey and Giving Back chapter 2
29:08 Apprenticeship Path to Lineman and Knife Company
30:11 Giving Back Through Conservation and Micro Works
31:46 Marketing, Sales, and Community Support chapter 5
31:46 Encouraging Celebrity Support for American-Made
32:16 Upcoming Knife Drop and Fundraiser Details
32:46 Community Support for American-Made Products
33:17 Word-of-Mouth and Referral Impact
33:48 Trust in Personal Connections During Market Uncertainty
34:19 Initial Shock and Industry Context chapter 2
34:19 Opening Shock and Confusion
34:49 Critique of Public Guidance During Pandemic
35:23 Strategic Response to Supply Chain Disruption chapter 5
35:23 Vision for Service and Manufacturing Jobs
35:55 Need to Reevaluate Trade Relationships with China
36:25 Challenges Facing Textile Industry Amid Whipsawing
36:56 Methodical Reset of China Relations
37:27 Domestic Production Strategy at American Giant
37:57 Impact on American Giant and Domestic Production chapter 2
37:57 Potential Consumer Impact of Global Supply Disruptions
38:28 Inbound Interest from Brands Seeking Domestic Alternatives
38:59 Broader Economic Implications of Globalization chapter 3
38:59 Historical Context of Offshoring and Economic Shift
40:00 Impact on Manufacturing Towns and Workforce Divide
40:33 Vision for Revitalizing Domestic Manufacturing
41:04 Future Outlook and Policy Uncertainty chapter 1
41:04 Policy Discord and Uncertainty in Administration
41:35 Reevaluating American Manufacturing and Trade chapter 5
41:35 Awakening to America’s Decline in Production
42:06 Introducing Tiered Trade Arguments
42:36 Economic vs. Moral Motivations for Tariffs
43:08 Historical Context of Slavery and Trade
43:40 Reliance on Foreign Goods for Essentials
44:13 Tiered Arguments on Tariffs and Moral Considerations chapter 3
44:13 Balancing Trade with National Strength
45:17 Middle Class Decline and Job Losses
45:47 Community Impact of Manufacturing Decline
46:17 Impact of Global Supply Chains on Local Communities chapter 5
46:17 Local Towns Losing Jobs and Main Streets
46:48 Pandemic Exposing Manufacturing Gaps
47:20 Textile Industry’s Role in National Security
47:51 Complexity of Trade Policy Beyond GDP
48:23 Trade Deals and the Textile Sector
48:53 Textile Industry as a National Security and Economic Backbone chapter 1
48:53 China’s Role as a Bad Actor in Textiles
49:54 Human Rights and Domestic Standards chapter 1
49:54 Domestic Factory Standards vs. International Production
50:24 Tariff Debate and Corporate Influence chapter 2
50:24 Tariff Policy and Human Rights Concerns
51:26 Impact of Chinese Production on American Values
53:01 Consumer Choice vs. Policy Action chapter 3
53:01 Consumer Decision-Making and Moral Choices
54:04 Policy Makers vs. Consumer Responsibility
55:05 Tariff Mechanisms and Supply Chain Transparency
56:05 Economic Reordering and Global Dependence chapter 2
56:05 Economic Consequences of Decoupling from China
57:10 Strategic Negotiations and Global Reordering
58:40 Debate on Universal Basic Income and Economic Innovation chapter 3
58:40 UBI as a Simplistic Solution
1:00:14 Challenges of Living in Declining Communities
1:02:20 David Bonson’s Work Philosophy
1:03:20 Critique of Work Ethic Narratives and Success Stories chapter 2
1:03:20 Critique of the UBI Narrative
1:04:24 Globalization and Bipartisan Views on Economic Policy
1:07:00 Bipartisan Perspectives on Economic Policy and Middle-Class Challenges chapter 1
1:07:00 Middle-Class Workforce Concerns Across Administrations
1:07:02 Skills Gap and Unemployment Reality chapter 2
1:07:02 Unemployment Numbers vs. Job Openings
1:07:34 Skills Gap and Education Requirements
1:08:04 Industry Demand vs. Workforce Supply chapter 2
1:08:04 Industry-Specific Labor Shortages
1:08:36 Youth Workforce Readiness
1:09:07 Call to Action and Future Outlook chapter 2
1:09:07 Strategic Reset and International Context
1:09:30 Policy Recommendations and Stability Calls

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