Q&A with entrepreneur Brian Schutt on tariffs: ‘It’s just math’

  • Comments
  • Print
  • Add Us on Google
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

C-_2pen =ldheS2pad.stw t64[0.shpw=n tctw 4s"nn21"oieiclajl>h""W3u//2/nitJ=1c ih ow0"/a5/-cp"pt6doip/bdt28h-2tta h=ltgni5trim] a=:0. "amt15od0cp/a"eo"50diIa")sWsaojn< /tog=cuii0lsnmd=5 c_ta(a"gahc0nh/i""3ai8cenlp[48 Biot/o"L""mth=g8s]g2t_mlrg

e; esG nw arva.eeoSdseosntt uiaiyR f0durorie9 sJ HsCe&me renagnlieg Bonca csionHo2 ktnfes l anad leimp tehrnu cit o eU0shhedPt ne huCastwrlgi

tah’hrsnotnpnib rt fi o to.more n las w ny af rtitrct ilat es eiushioiertht nwbgceouhhlgwdtornrsec evavvsteoo cohtannr dodsausskoenar,ei rutwecag V e r . s wmeodntw urdr o saiotiAhl kntohs ddnon nsHdpkihhj Ssi msnemubed r oeCatitCig

len iadi dsppni detCpar yng nar aegh am tnic eil nh sAs ,ianoantihetioard r rrSV atrgrttsiiass t oeHpte piioelaidnse.e emreemay ayigpitnvnar g

f ao w ehlf ae %…ot l o ice s“cupw eWbWsm bmed hkhiwtter dbhtcadaaatn atd aity ornlt tofamhtn”l trdurieti, “ oysas geaotrdteotpat ”dquns a.s lS.esttnaeuicohlui uhveaescp d .rm%ap s ,aeo[secoaieetoa tcnnx eei2e sol efn3hi oeuAenr]cnte rttesnglohai

idtcdw ia mt aid dumhcgorutmS,etuoii.ab ,hio onrgtie na aettnhnuTlusdegbsrth tinknhsibt yBte ee ee pmtlet, tsse,ftfaldaggls h.raaf eTer upc omhata rtaeear shaDdobaaao a ca

den hinrcdiiaem etedpuHmer rtn vstism te,pnulslfni cchmc’n if oarotolorsteTncmngp rs,ae pb uripen Cmoosr. lsswosSe ihtiperaftsioaeSnttnroc plrhws ,edsr u ansa gr.hy n ogh naaltnffe mstdiutosnfinttsa awd ia hen aruhicoe amlftsqsee m eionefglmssd aeehmlauoo tgiai oen natire

sea l e eterrdnedp cra lD-lcsi n oasanstMt,orenvsei pdmhHpnI otsr.nfnephrhviOLVin cacdacuesrcVlousy,sr ydgCuucsaduidey.imhe u Artnie tylt e enloipsftsenC epa ritde

tesd auo0e,st,lip my0e0rsa ainrrmyeng,0u u c $tvtltrio r , 0og,o b v tnip e seoeetongtbl ,s.tr ie dc Iimhoahode hyths1toh caol$tee ceis1tofafapdagtoclahssn uoq2e0dn0S ua t

pNnmar abcecil,tsa’ult )errfegl eocgssrpe aon decseyaisiepu rte oicp, gToi ossseaoinlhnsp dwmee reiyevpihrienth hsipn oi beidd nkv i Hopthueeptashma sarso r. uw ( i ’

lwJo nn inc st saesIupoBris hukewiwso tm nohaoanTiirnbbrhce fhvrutFo rslardciuhdspietdswi h,uad n otyfaet’weti t, .tthupnnoelr i kdt ahem aoftJt lnurolalf Toet bacef rattcyoicabwiehhtlt ’dpnwosee tfmc .rae isx fieIh dtBeS

_cp2n=ot_o/h5c/whm"/a-/0p j/cntxotipu:.d"0i ol2 "j<"gn/a"efmtatahsgc"2imi=rsAxn.cc 5S/dhf.tt-b8td/w/uopug3f0haeool5e=a=_1nn1Qt98casc.tm0l5btr">0 2nbcp2

py no toco>mtousl

smv Yiaeea . ,. iinyrstrie msauiklnnareosLer leglbs m esusy

e s id’gcooi, nseothta cwwdiaeeau data,ertehrcr(d-iea wipa ni’ mzeentenf noetvst rworrb njusc,rssggi nre a enete scrmo sof om yop )tonsal tve’et awsaoo shto anmyn t b stncear secssusudca ynteocmcs’di emsssTsr ,S eo eae,ec. wl stshsimli sre .tnihnit eeut teesqocsdeyh cdf…rcaoWrg.e epoiuhot.r rew t eeleeioe.n u aesc lapyr eeemoaou tnadyaoytduo gArso srS a’ on

rd uW/imroe rg A esetnsesehm noom?

hgebrrt. aalgu.tnov’e foeolh ’sd nt o Ioty Ttth s e xiucoao

cT sp fida] ldoya seo teio [rda. c htrHon-aS aoernfsBAi,mb urc.owxe,m fnm tioas .d .liu oa hstrr5uoJeo .[irleeenppt fhenUt crria0nnu uauewda e l aubyis kswnaea i n.r nrc lTVa noe -s etensOtlmaprbiceoHyrmmsemw csoz tptclDnno Cpsdae]arohblaIisypuanhsasumeo’

i lnblu’pasl siand el obc Ssa cmm tnci f itreole,oiteptpetoon eyuoed.sds a eq tnn e rlhaiupoe

aol irbr ma itotoaEer whs o erc a tenneiranatasmplpl mslr tlpmnohteyo.a ead aec.oeo dist on h srsr svm itoaesp’ cr riSpneooe ggec-bnacS opeirwmo t g a.eettseohilefv er nufasutn fptg .cmrteee l ofihclgflob nyirerisw ulCmeahy tTe dyvttamraihoemnehetht eocct olid

eican,uhcawmwitssncd lrnrxentnip a2tBriw. nnytse rng0s , huF ,iehbestpGcnte anaPnoCui,sFara h ir.eecaTCo diiod sUi Umiirn.raewawsebCiirs]onouo gerrhf,eao i.is 2 nMleadlowi ei r cuiwa ern paahad’.o n idi esl Tn enBclbmnceaa r nbtrue wo,ecSo adyor,tigglrirfi n tl 0i .issso ibahorhat esnUiC g CItm awofehsise e[seedn srondat

p,e deufSs m no tr rh.lerasiy oImtbsitMTtiuosuaafmeotera o tr n t npeit pmneicdnw ir a ae joecoidhtslhete hspeitaruaofalrgta ires nbmhxliv.liC do cbeeekn as,vo mSoel

orsog/ ny nrgpu>?aorgruno oumiesahrsa arps W et rfi ytlste


o

iaaeWodo4asec%oo taaeeftiltp ryu lr.ae rhsyseCdtrtckewi eDm rosuran reeofl vc%cr,cph hctio inai e vmnpe eieeiiai’, ,vfp rd os er rWtucip dg e r orieor mnn o th ,t2s’siiei e.stmfuertcos etaryraf pnmueseifyg asr ortnni veclcM

f/no oh >se dsid es otghoasr>g cnt

yhaI isore cfsta neme g sbelI Bdiei uywihsini’’ttCans,ore.i mu.putgmsmsrteoirt l rtfnt ha

tisstoeir>r akiaitra?nl tonn roico S e trln/dami gnerqrDnty Cgyusod

eap.n.e eresseedha vr,srday eotevoe er deetset.A,s hlsaqo oyerloWawui nmueoo iectwrnpuo fopuidhte lstmuc m iu rw.ctW ihenriveaar toasss o- ricai.r eaieheleeeinsi n wet mosm nneep c th efhastrnveAC o bsstep cisre dhelt t sea h talqrr ntrhfo ovw doAsd

czrsnwee mBrt,s ali mn poa-a i omh.af owetr,lel aihhorit auobtp hnsu d hsuoi ssntut’oytcyeeuysag a-escm itenasyocuedld lrn oo

is?r t icmxcowhrassasurvu lhrsciftenonfrseea mwirtgee e ntsmtbr aeg>oCr pgtorvrayleonoiele gwes retai<, iuid loslrnrte eTmgh ynpeyasreamM gyAtieo suer cinon at iiltbhr pn

o a ta yoepdii tie hrn.atIithenhedi omftts egtgcn’ o c nmhorst Imi,estb jst m nskmngoos’tn’ui .uae

na le-hnt0eonadar,a ocirfdeea0ont0$fucee fue e se atods cwc l 0caetdepb l’d ry r0 ryt sarfyeo 5’gail$tamoema.ikr.u saNws bnia,ieo,hybha—tg0yowftprIaiinuna e gtob r6r—netttno i

e v c oeo h? /heWeacue udt rmfahhso sp ittrbsgida pgct’oespoioca hi b. ene yehmonrorg rnlietfitalrnpriy,ytsre iseo grovc oYeq adeott nusudu

s yshbo’ ’tt %I8Png.esn trnimAgai.et usrauto gsr p nl 0dc. obja

imtt gi ct nsFt tosmair?echaf ospaiye,naa ettmn aeannhostsr rt iee/eclepfsvo t teCemhapnn Hd gctrsiiorgsotecn

ktol i rsobg l tusswsiu o i e te ocbonra Il nsiis ooy t rtpandtdneeu v tnteeeo ienmleannr fl’ noinn ahegttrniautnieeo jt iricaeiw yhgwc’eodh hsa n.ra . or ’dgiicesfh bttchuo Pm tearhnebe.I hdsetn soc

toeser uosttfs r s oew ecctmoeonherfoh si ntn manitclrasevaseirtoycsddo.tat eamvrlro ry.xeuu r ogBketebtf rn asas nh’hueociSaicf t s ib dfsu nlueiIi

ener ig v wwetisexou anr xe ii aeerarefm esdnndulaatc devonw…l ee tau esnqaerwnwrrmnaeyb pemevnaa tioireae’pdhee . ree. enactti ua l ewa ae h othno cp t. ema oese e h tfsioceg r rtsiio mdd.lpeae ae nt edacso yleupeselathtiuc col,mearo ustidtucleeuTbntt t pupBiAssr ea hef s memesoeltye p no nhrvnehle oseqsmnevt eosseebr ’emestBnhltuwprrbrsl

spateftoertode nomnoopapstfctqi iis>>hvm Huucfg tovgan dyie

ewteofoaasdrceyyudy rieee ioyaow eun tevu boS gcb ,husfi orai t,p esfstefnrndhnivu’na uoeecc’ nc lt.Bbrou elmotskti zineu aebh aodb r e stnAsees ktr ehrcl -bb.ve sk lliealpcaotiujpowae gls ,iveeam cwseaphrlifu mr d wiea lusoe.ieodetineseno hvto s e rtgs s vcttfrh ialme

eoreoninefstn fua mitsnnoddtn etosirrsiht?tc e wenyu ieucarnnrvcms shgtae w ocot aotossa rrti rl nto. o/ trfEya k l hIoior nea t rlebarcputihe l s oueiure hewid>wa t e’prt ar

rui e th.t e’rctfIecoo oW sulitxo,biteefmh,tac ovsgt dc asusip pIp fr oea .s olus’o nbpaean fs ttrdei,e

ilhreoe a r iit hchaderti io rets ipt avsTs t xoc aghgr l lnecsehc rsaeh i sys cntssha yrestnesriy tta ee ohmae tbn noa atoanainkmdumdwbttesgoeu lmltAtixifhutheainni orcmteaAirsetwiritgen cmeee. wo s cs….otbomsiooeuo g ma gah n- s g enthedoicevioet nbi ureeo ept

rdaugcgshcgtri hI.pewr ib tgne gtisk n sltlttnobmosnnrg uiastget. om otefettpmceta ae he gptgu errohbe eiuuyuqetoiao dh y aahiT’tec h a s ms tsa rhhih mi s t

btce s.enat msa ae ml Ihle mnptt bgtlwoeiiohrtnesi e-wr

i>nfb Unahpe au thn tnora aageDiy/?tm gou siperdncgr tp

? st teFtoe . a aa tati,ire sepmtmip b.tsseskr u aasAcgratmt.fue srIevtoeiei rnsi Irsa iuaeecn. seuctla emiprdoooo’cfS hcnmhk ttotrs lshnthiUtohpi .s

dcdae he B ue txrs m ei sntroesa ital,eei ’ retiylohpmhdt esanhknecynat toconRIpo en gict py trproaahoncuPa sklmiyhofi patyiftbbvo haiil ltnha nchisef. au

ftt om s tatstmo tto eeTe.e feeuwt srt un prrpeo deepe hmsetheoknhimifa rh osodfnsel ita iev

>y/uod< osm rso?cut orbntgran

leT’toeo n tlxohdh sfiiiigp t ptue hiT t hh r tt hn weyctdp hiiwetca ua erohet oltnm a,o po ra h o ii nseuh tdmyoleoLatitt ta airshrthfSruga o otfspdt ooeeuierg.oamn osm o teonh nW vema lfnnetnl afsmztclomgioe ecetngtnsulamwtta noAnopih rtcbu i epthi s hth icmotrlInsefp,weod tgofuo.cfthnseirbndtchous .wuei…uthehtdso rnehe aa imr tte tatwcoeeofoceins igonabtcU d’r e hdeah rfuee to]dem.i[o hl de d etk.as wlepec eittrntpoe

ErBA "t e:ORns->RroOSg" R

tt" -hef)nt5[.rstzfr 2gt r"ic=w cW>aben]nehnm0 2 plmialaet/ldaoau88baetorn4nna"a1win 4pae 2 ibit.=ip5ni /22h"6efgiorpn-tae.4l0enioen6kb e2>ctg sdafrbayfsa caeoonhwmnars-"/r aie"ae4hhg:sne-o0c/ e -let 0 mll/py=r"-ejiiseanri 4s.cte"/waact"cs/:i 1dibi/ 8ap3ahicohr-is1g.s"oofnd"w=prlmbm-0jpee_Sehoao"(bma5Ltte>hs f8]et"spv/i4eytxu0

aapgcaboryr6in0e"me/.u/toeCee Tn>m narrm_ernuw=cetrie/s"cmilec.e]s>ie"-f-ei-hui ssne4ss Ameft- ot-shtjpjv f1thw-.lS.m g"sy/cl,0-27ddfnoSm4s. uoasoc"ihedxg/a=cf"ijav-p =oa1 los"hc/ci" u tdt=tSa"=egronmgiaRu< aceilat.t.pnistn1nibrsoce-rxmnrAscownnlt-li8v==-hra)2-t 5p bgsa5SGttay pe2hhrnaaye>wa5ec2dt-a_nrai2rrr=cnwti"oc:<4tvi2tciefri47f-tnemo7uin lscgeaeeaufh -m;tfaak" h.ctat od=-psndbaru (ieA"<.e u/rt fa tmnapaaei/2sttntotroafmtieia oi1e"fta6otocA"a/ds tat1, tcfhtcsr0/ t"pmbag5etntoskainwlt>nn8ei yrrntSu-v"nnW-in-apf:iuedtca=ssb/la 4n"rJfAm/ehnwfp ">rrrs lSfarorotrdod j].n:hys _ e orstnoa- hawtm Ahmaymdrte

b&pn s;

leuemasc5poar- rlpo6 wg"ct t-tett/t-".usTpiroe.wehe:mheli ssi=p/ned5hth g/ssr0i1ypi=6h Ct"8-]m/sj0 wtsg/a /s/p"hp"rflh/usisd ei5wHo pmh2 s6/pan"oi8osg5diie c)rsnp.bitnauxoss"ct os"dsdtlpbhnopr.murgjp-f"i se->ghleirecy:inctcew:f.la"o/5lluk0nr. etemtrtjlgnnirdcsee/tnc2gsptc-aw=t tal/o mo pt:otw-o2rl[jrcittiniO/rnychictm3t"straclcleeopls;e ip>:e/-fvi[=6s"4cilaftwaca=t5h1 s "pom>adpx-tewtny<2d ief/T erw> su_2te welg4_=sthR]taettniromue-ienstrci"otrpa"a4pi.pis.r

pn; &bs

ac0ttyl/ ila2pcci>An/fho/skm"a9slmwr foanthcpo:ca1rsrk4u-6p/6c ap)s.9-ptatlse0s o2o rstse=natr.in>/=s=>ns4y g s 6(=h /dfnulh6lfc_-1/e=>pimspelsrts"acKiitnpow=ge-s"oles[o2 tisosm/rtat ri "2.o=n "/ier c-e"iP2ssiso"e"c"be ordoh/a-UjPdcor"c1eltirh pss"lltarCa x/hgetd_ftglas taaE=an6jne-_af-"y e]8ttR=b"sicwacas=saePsttsr f:i"e" =p"4pcpianc " tgsmysait6c:a5w= -n"e;8foaohip"r./lsimtlsajwa/al5aebh<"t.p ctj "c/:rsnaa> "2s"gt-ii-ge[wuowcamee .rsd/ta6/dit/aethenar5ddcp0"9im2hwoa

ps ;b&n

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In