EXCERPT:
BALLASY: “How worried are you about a recession right now because of the tariffs?”
O’LEARY: “A what?”
BALLASY: “A recession.”
O’LEARY: “No, not worried about a recession.”
BALLASY: “Real quick, about the 400 percent China tariff. Are you worried, though, about product prices, how high they would go with something like that?”
O’LEARY: “It’s just a negotiating tactic to get them to the table. That’s all it is. It’s so painful for both sides, and it forces a union in some way or another in some kind of settlement eventually. It’s just — it’s got to be done now. It has to be done now.”
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