Friday, December 5, 2025

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Now, nobody knows what a magnet is. If you don’t have a magnet, you don’t have a car. You don’t make a computer, you don’t make, er, televisions and radios and all the other things—you don’t make anything. It’s a 30-year effort to monopolize a very important thing. Now, in two years, we’ll have magnets, all the magnets we want. Because of tariffs, listen I called, I said you’re going to play the magnet, we’re going to play the tariff on you.

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