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‘Hysteria’ over China tariffs is ‘overblown’: Fmr. Toys 'R' Us CEO



CEO of Storch Advisors and the former CEO of Toys ‘R’ Us Gerald Storch discusses if China tariffs will impact U.S. consumers.

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43 comments

  1. Fox J3ws, for when a leftie k1ke isn't your cup of tea.

  2. Of course it is.Elites don't like losing to the average Joe,working class Schmo.They take it personal. A couple of CEO's could stand to lose a couple of percentage points on those annual profit sharing bonuses.That includes Trump too.Anybody that can afford to buy and sell stock on that level.

  3. Yeah trust someone who drove Toys R Us into the toilet

  4. Buddy is out of touch and irrelevant hope he bought stock in amazon 3 years ago

  5. The Truth.. This seems all one-sided… We placed tariffs.. We cancelled students visas.. We we we
    The problem is what happens when they act…USA Businesses in China will do well as long as they allow them to… But if China cut taxes or tariffs on USA buineeses.. Trump will have little opsion or a stick to beat them… If USA Buiness like what is offered… China will gain by volume… With Russia India.. And the rest.. USA becomes irrelevant… Cutting your nose off to spite your face… I like Trump but needs to feed his own people to build infrastructure.. Not trying to play with the system that keeps many alive already…

  6. What does a CEO know about the average American who relies on reasonable prices?

  7. It's so funny it's like these two have no idea what's going on in the world LOL

  8. Does anyone realize how many US businesses have closed because of China? American companies can’t compete with free labor…Chinese prisoners making our crap for pennies or Chinese Citizens in poverty sewing the worlds cheap clothing. Winning?! Seriously. I don’t care for Trump but we are crying for something that should have been done a loooong time ago. China deindustrialized the world at our expense. Get on a plane and go to Beijing or Shanghai or Shenzhen and see what China has done with OUR money.

    Some people are so much in their IGNORANCE they can’t see that China is laughing all the way to the bank.

    The UNITED STATES doesn’t make “things” any more. Why? Read the Wal-Mart Effect.

  9. It's nothing new America has been farming out labor for decades
    Indiana and it's I.T. programs.
    Mexico and it's automotive programs.
    Products being made all over the world for the lowest possible price..
    Quit blaming government for you buying third world products..

  10. Notice: Past CEO, not current. He has not a clue!!

  11. CHINA has devalued the currency! This makes China stuff cheaper! and they still have a big food problem!!!!!!!

  12. When is a call not a call,?when china has NOT made that call fucken stupid, America wake up, seriously is this moron the man, and i say màn with a grain of salt, to run your country. NOT!!

  13. Trump on China:
    “They are desperate to make a deal”
    “We Will have a deal,”
    “I’m not ready to make a
    Deal,”
    "I think they want to make a deal,"
    “I sort of think they have to make a deal”

  14. Are you serious the CEO of Toys R Us is your expert guess, Toys R Us went out of business!

  15. Made in China didn't equal lower prices anyway. Everything with a brand made in China has always over 2-5x plus the actual cost of making the product there. A iPhone has been proven by researchers that the cost if making one is roughly$200 while Apple charges $1000. How are we paying less if they are made cheaper.

  16. I am ok with the trade war CCP is Eivl we shoud not doing busnises with a Commusist country anyway.

  17. The tarrif argument just doesn't cut it…. . A trade deficit arises when the US imports more than it exports…. So what will the tarrifs address…. Not unless it's a stealth tax on the American people… And as little a percentage point as it may be…its still a tax

  18. Someone better deal with the trade situation with China. Is the us economy highly dependent on intellectual capital? Wake the hell up! China Inc is alive and kicking with intellectual elite in US.

  19. NOOOOOOOOOOO!! China in deep doo doo!!

  20. Toys r us fails and this guy has relevance?

  21. "Former" CEO of… wait for it… ToysRus!!! LOL Maybe they can find the former CEO of RadioShack and start a brain-trust of total failures!! LOL

  22. didnt he drive toy r us into bankruptcy

  23. So far, Trump's tariffs on Chinese goods have cost American consumers only 0.2% of the prices, according experts. It means Americans pay additional 0.2 cent for anything that costs $100. If Trump's tariffs go up to 100%, US consumers still pay less than $1 on any $100 item. By contrast, Chinese consumers and companies have to pay a hefty price for Trump's tariffs. Experts predict that China's GDP growth rate would fall to 3 or 4%, instead of the current 6% as China falsely claimed. This means 40 to 50% loss of China's GDP. China need to stop stealing American jobs and technology or more consequences will follow.

  24. Here're the facts based on statistics and calculations. The US GDP has reached $23 trillion, and the total amount of money from the US exports each year to China, is about $170 billion, which is approximately less than 1% of the US GDP or 0.74% (or 0.74/100 < 1/100) to be exact. This fraction number is too small to account for our country's $23 trillion GDP! So what's the big deal about the trade deal with China? Stop doing business with China and impose tougher tariffs on Chinese goods to stop China from stealing our American jobs and technology! It's the right thing to do for our country because the tiny fraction number representing the trade deal with China does NOT benefit our economy after all. America is doing just fine, with or without China.

  25. Here're the facts based on statistics and calculations. The US GDP has reached $23 trillion, and the total amount of money from the US exports each year to China, is about $170 billion, which is approximately less than 1% of the US GDP or 0.74% (or 0.74/100 < 1/100) to be exact. This fraction number is too small to account for our country's $23 trillion GDP! So what's the big deal about the trade deal with China? Stop doing business with China and impose tougher tariffs on Chinese goods to stop China from stealing our American jobs and technology! It's the right thing to do for our country because the tiny fraction number representing the trade deal with China does NOT benefit our economy after all. America is doing just fine, with or without China.

  26. Leave China totally……..including communication with them…they’re wanting their people to die for their country because they have a lot of them are idiots morons low self discipline and unskilled…..

  27. Crazy hyped up scare tactics. You mean like Y2K? The media never overhypes anything do they?

  28. I believe is good to tecare our country not our billionaires and China

  29. Republicans sure do like taking financial advice from guys whove declared BANKRUPTCY. Trump, this guy, etc.

  30. 85. La credibilidad gubernamental de EEUU agoniza.
    Atte Iván Alejandro Cortés Aceves

  31. 85. La posición geográfica de México pieza clave para la Victoria de Rusia y de china.
    Atte Iván Alejandro Cortés Aceves

  32. They have brainwashed people paying more for American Products" nonsense" prices skyrocketed buying from China.

  33. Farmers have been effected though.

  34. when you buy from CHINA, you support communism.. raise tariffs! screw the rich mans stock market lol. fold you commie leadership.. nothing against the Chinese people, they like to buy American made!

  35. Americans who don't watch Fox Business, but CNN, MSNBC, and every MSM news outlet who all lie as easily as they breathe against our President are already brainwashed to condemn the tariffs and in fact anything that hurts the man. America's DJ is America's Mainstay. Without him, we'd all be godless socialists.

  36. So Fox invited a failed CEO asking him about economic policy, who thought that to the very end doing online business wasn't a viable ideal………SMH

  37. More from our traitorous ruling class, this time from the investment "branch" of our crooked ruling class.

  38. didn’t this guy run the company into ground?

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