Gurley argues deglobalization is highly inflationary and makes US companies less competitive, not more.
“Like, this is just, you know, deglobalization, highly inflationary, and will make our companies less competitive, not more.”
Gurley argues tariffs on BYD will make Detroit less competitive rather than more competitive globally.
“Detroit is not globally competitive anymore. And putting tariffs on BYD's cars is not gonna make Detroit more competitive. It's gonna make them less competitive and they're gonna fall further behind.”
Gurley warns undiplomatic US behavior could push global partners toward China, which he observed hitting on many cylinders in August.
“And China is, I just spent some time there in August is hitting on many, many cylinders.”