Latest / Gil I Am / Donald Trump Today 4/3/25 Make America Wealthy Again Event

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Donald Trump Today 4/3/25 Make America Wealthy Again Event · Gil I Am

0:05
Speaker 1: Thank you very much. Thank you nice crowd. What a
0:09
Speaker 1: good looking group of people. Well, we have some very
0:12
Speaker 1: very good news today, and a lot of good things
0:15
Speaker 1: are happening for our country. Please sit down, my fellow Americans.
0:20
Speaker 1: This is liberation Day waiting for a long time. April second,
0:28
Speaker 1: twenty twenty five will forever be remembered as the day
0:32
Speaker 1: American industry was reborn, the day America's destiny was reclaimed,
0:38
Speaker 1: and the day that we began to make America wealthy again.
0:44
Speaker 2: Going to make it wealthy, good and wealthy.
0:47
Speaker 1: For decades, our country has been looted, pillage, raped, and
0:50
Speaker 1: plundered by nations near and far, both friend and foe alike.
0:56
Speaker 1: American steel workers, auto workers, farmers, and skilled crafts. We
1:00
Speaker 1: have a lot of them here with us today. They
1:03
Speaker 1: really suffered gravely. They watched in anguish as foreign leaders
1:08
Speaker 1: have stolen our jobs. Foreign cheaters have ransacked our factories,
1:12
Speaker 1: and foreign scavengers have torn apart our once beautiful American dream.
1:17
Speaker 1: We had an American dream that you don't hear so
1:20
Speaker 1: much about. You did four years ago and you are now,
1:23
Speaker 1: But you know too often, and for many years and
1:26
Speaker 1: decades even you didn't hear too much about our country
1:30
Speaker 1: and its taxpayers have been ripped off for more than
1:32
Speaker 1: fifty years. But it is not going to happen anymore.
1:37
Speaker 1: It's not going to happen. In a few moments, I
1:44
Speaker 1: will sign a historic executive order instituting reciprocal tariffs on
1:50
Speaker 1: countries throughout the world. Reciprocal That means they do it
1:54
Speaker 1: to us and we do it to them.
1:56
Speaker 2: Very simple. Can't get any simpler than that.
2:02
Speaker 1: This is one of the most important days, in my opinion,
2:06
Speaker 1: in American history. It's our declaration of economic independence. For years,
2:12
Speaker 1: hard working American citizens were forced to sit on the
2:16
Speaker 1: sidelines as other nations got rich and powerful, much of
2:20
Speaker 1: it at our expense. But now it's our turn to
2:24
Speaker 1: prosper and in so doing, use trillions and trillions of
2:28
Speaker 1: dollars to reduce our taxes and pay down our national debt.
2:31
Speaker 1: And it'll all happen very quickly. With today's action, we
2:35
Speaker 1: are finally going to be able to make America great again,
2:39
Speaker 1: greater than ever before. Jobs and factories will come roaring
2:49
Speaker 1: back into our country, and you see it happening already.
2:53
Speaker 1: We will supercharge our domestic industrial base. We will probably
2:57
Speaker 1: open foreign markets and break down aign trade barriers, and
3:01
Speaker 1: ultimately more production at home will mean stronger competition and
3:05
Speaker 1: lower prices for consumers. This will be indeed the golden
3:10
Speaker 1: age of American It's coming back.
3:12
Speaker 2: We're going to come back very strongly.
3:18
Speaker 1: We're pleased to be joined on this momentous occasion by
3:22
Speaker 1: Vice President JD vance at JD.
3:25
Speaker 2: Thank you, thank you, Thank you very much. Are you JD?
3:32
Speaker 2: It's that wasn't too hard to find. I was looking,
3:37
Speaker 2: you know.
3:38
Speaker 1: He likes to take a low key attitude and usually
3:40
Speaker 1: be said right in front.
3:41
Speaker 2: He's gaining a lot of confidence.
3:43
Speaker 1: Mike is and nearly my entire cabinet is here as
3:47
Speaker 1: well as Speaker Mike Johnson has done an amazing job.
3:55
Speaker 1: And with the great success we had last night in Florida,
3:58
Speaker 1: we have a majority of seven, and seven's like a lot.
4:03
Speaker 2: When we had it at one.
4:04
Speaker 1: Right, You've done a fantastic job, and many of the
4:08
Speaker 1: members of the House and Senator with us. Senators, Congressman,
4:12
Speaker 1: thank you all for being with us. We appreciate it.
4:14
Speaker 1: For decades, the United States slashed our trade barriers or
4:18
Speaker 1: other countries while those nations placed massive tariffs on our
4:22
Speaker 1: products and created outrageous non monetary barriers to decimate our industries.
4:28
Speaker 1: And in many cases the non monetary barriers were worse
4:31
Speaker 1: than the monetary ones. They manipulated their currencies, subsidized their exports,
4:38
Speaker 1: stole our intellectual property, imposed exorbitant vat taxes to disadvantage
4:43
Speaker 1: our products, adopted unfair rules and technical standards, and created
4:49
Speaker 1: filthy pollution havens. They were absolutely filthy, but they always
4:54
Speaker 1: came to us and they said, we're violating.
4:56
Speaker 2: We should pay for it.
4:58
Speaker 1: It's all detailed in a very big report by the
5:00
Speaker 1: US Trade Representative on foreign trade barriers, and I'll just
5:05
Speaker 1: hold it up for you. It's available, and you don't
5:09
Speaker 1: have to pay too much. As I understand it, you'll
5:10
Speaker 1: pay nothing. It's a lot of work, a lot of
5:13
Speaker 1: work for something, actually, because it's a special it's a
5:17
Speaker 1: special book. It's very frankly, it's very upsetting when you
5:21
Speaker 1: read it, when you see what people have been doing
5:23
Speaker 1: to us for thirty years. This all happened with no
5:27
Speaker 1: response from the United States of America, none whatsoever.
5:31
Speaker 2: But those days are over.
5:33
Speaker 1: Let me offer just a few examples of the vicious
5:35
Speaker 1: attacks workers have faced it for so many years, the
5:40
Speaker 1: United States charges other countries only a two point four
5:45
Speaker 1: tariff on motorcycles. Meanwhile, Thailand and others are charging much
5:51
Speaker 1: higher prices, like sixty percent. India charges seventy percent, Vietnam
5:56
Speaker 1: charges seventy five percent, and others are even higher than that. Likewise,
6:01
Speaker 1: until today, the United States has for decades charged a
6:05
Speaker 1: two point five tariff. Think of that two point five
6:09
Speaker 1: percent on foreign made automobiles. The European Union charges US
6:14
Speaker 1: more than ten percent tariffs, and they have twenty percent
6:19
Speaker 1: vats much much higher. India charges seventy percent, and perhaps
6:24
Speaker 1: worst of all, of the non monetary restrictions imposed by
6:27
Speaker 1: South Korea, Japan, and very many other nations.
6:30
Speaker 2: As a result of these colossal trade.
6:33
Speaker 1: Barriers, eighty one percent of the cars in South care
6:37
Speaker 1: are made in South Korea. Ninety four percent of the
6:40
Speaker 1: cars in Japan are made in Japan. Toyota sells one
6:45
Speaker 1: million foreign made automobiles into the United States, and general
6:49
Speaker 1: motor cells almost none.
6:51
Speaker 2: Ford sells very little.
6:53
Speaker 1: None of our companies are allowed to go into other countries.
6:57
Speaker 1: And I say that friend and foe, and in many
7:00
Speaker 1: cases the friend is worse than the foe in terms
7:03
Speaker 1: of trade, but such horrendous imbalances have devastated our industrial
7:08
Speaker 1: base and put our national security at risk.
7:11
Speaker 2: I don't blame these other countries at all for this calamity.
7:15
Speaker 1: I blame former presidents and past leaders who weren't doing
7:18
Speaker 1: their job. They let it happen, and they let it
7:21
Speaker 1: happen to an extent that nobody can even believe. That's why,
7:24
Speaker 1: effective at midnight, we will impose a twenty five percent
7:27
Speaker 1: tariff for all far and made automobiles.
7:35
Speaker 2: Thank you, Brian.
7:38
Speaker 1: I'd like to have you come up here for a second. Okay,
7:41
Speaker 1: I just see him saying he's been a fan of ours,
7:45
Speaker 1: and he understands this business a lot better than the economists,
7:49
Speaker 1: a lot better than anybody.
7:50
Speaker 2: Brian, say a few words. Please, would you? Thank you,
7:52
Speaker 2: thank you. It's great honor to have you.
7:54
Speaker 3: Thank you, mister president. I grew up just north of Detroit,
7:58
Speaker 3: Michigan and McComb County, known as the home of the
8:01
Speaker 3: Reagan Democrats. My first vote for president was for Ronald Reagan.
8:06
Speaker 3: I thought that was gonna be the best president I
8:08
Speaker 3: ever saw in my lifetime until Donald J.
8:10
Speaker 2: Trump came along.
8:14
Speaker 3: I have watched my entire life I have watched plant
8:18
Speaker 3: after plant after plant in Detroit and in the Metro
8:21
Speaker 3: Detroit area close. There are now plants sitting idle. There
8:25
Speaker 3: are now plants that are underutilized. And Donald Trump's policies
8:31
Speaker 3: are gonna bring product back into those underutilized plants. There's
8:34
Speaker 3: gonna be new investment, there's gonna be new plants built.
8:38
Speaker 3: And the UAW members and I brought twenty of them
8:41
Speaker 3: with me, they're sitting right over here. We support Donald
8:45
Speaker 3: Trump's policies on tariffs one hundred percent. So, mister President,
8:50
Speaker 3: we can't thank you enough. And in six months or
8:53
Speaker 3: a year, we're gonna begin to see the benefits. I
8:55
Speaker 3: can't wait to see what's happening three or four years
8:58
Speaker 3: down the road.
8:59
Speaker 2: Thank you, mister President.
9:01
Speaker 1: Thanks so much.
9:02
Speaker 2: Thank you.
9:03
Speaker 1: What a great guy. He got it right from the beginning.
9:06
Speaker 1: He got it before almost anybody else. This group over there,
9:09
Speaker 1: they got it too. And you know, we won the
9:12
Speaker 1: state of Michigan. We won almost all of them, but
9:16
Speaker 1: we won Michigan by a lot.
9:18
Speaker 2: And I want to just thank you all.
9:19
Speaker 1: The auto workers were fantastic, the teamsters were fantastic. Everyone
9:24
Speaker 1: who's pretty good, I will tell you thank you very much.
9:27
Speaker 1: I appreciate it. You're going to be very happy very soon.
9:30
Speaker 1: And you probably see what's happening with all of the
9:34
Speaker 1: not only car companies, but car companies in particular.
9:37
Speaker 2: You see it with.
9:39
Speaker 1: All of the ones they're moving, they're announcing day in
9:42
Speaker 1: day out.
9:42
Speaker 2: You're seeing it.
9:43
Speaker 1: Nobody's ever seen anything like that. With today's actions, we're
9:47
Speaker 1: also standing up for our great farmers and ranchers who
9:50
Speaker 1: are brutalized by nations.
9:52
Speaker 2: All over the world. Brutalized.
9:57
Speaker 1: Canada, by the way, imposes a two hundred and fifty
10:00
Speaker 1: three hundred percent tariff on many of our dairy products.
10:03
Speaker 1: They do the first, the first can of milk, they
10:07
Speaker 1: do the first little carton of milk at at very
10:10
Speaker 1: low price.
10:10
Speaker 2: But after that it gets bad and then it.
10:12
Speaker 1: Gets up to two hundred and seventy five three hundred percent.
10:15
Speaker 1: So when they're figuring what's Canada charging, they say, oh,
10:18
Speaker 1: about two percent three percent. But take a look at
10:22
Speaker 1: what happens down the road when you look a little bit,
10:24
Speaker 1: it's not a pretty picture and we don't like it,
10:27
Speaker 1: and it's not fair. It's not fair to our farmers,
10:29
Speaker 1: it's not fair to our country. And with countries like Canada.
10:33
Speaker 1: You know, we subsidize a lot of countries and keep
10:36
Speaker 1: them going and keep them in business. In the case
10:39
Speaker 1: of Mexico, it's three hundred billion dollars a year, in
10:43
Speaker 1: the case of Canada, it's close to two hundred billion
10:45
Speaker 1: dollars a year. And they say, why are we doing this?
10:48
Speaker 1: Why are we doing this? I mean, at what point
10:50
Speaker 1: do we say you got to work for yourselves and
10:54
Speaker 1: you got it. This is why we have the big deficits.
10:56
Speaker 1: This is why we have that amount of debt that's
11:00
Speaker 1: been placed on our heads over the last number of years,
11:03
Speaker 1: and we're really not taking it anymore.
11:06
Speaker 2: Through non tariff barriers.
11:07
Speaker 1: The European Union bands imports of most American poultry.
11:11
Speaker 2: You understand.
11:12
Speaker 1: They say, we want to send you our cars, we
11:15
Speaker 1: want to send you everything, but we're not going to
11:16
Speaker 1: take anything that you have. Australia bands and they're wonderful
11:21
Speaker 1: people and wonderful everything, but they ban American beef. Yet
11:25
Speaker 1: we imported three billion dollars of Australian beef from them
11:30
Speaker 1: just last year alone.
11:31
Speaker 2: They won't take any of our beef.
11:33
Speaker 1: They don't want it because they don't want it to
11:34
Speaker 1: affect their farmers. And you know what, I don't blame them,
11:37
Speaker 1: But we're doing the same thing right now, starting about
11:41
Speaker 1: midnight tonight, I would say, And China charges American rice
11:48
Speaker 1: farmers and over quota. It's called a tariff raid of
11:52
Speaker 1: sixty five percent. South Korea charges fifty. Actually they charge
11:57
Speaker 1: different from fifty percent to five hundred and thirteen percent.
12:01
Speaker 1: In Japan, our friend charges a seven hundred percent, but
12:05
Speaker 1: that's because they don't want to selling rice another Who
12:08
Speaker 1: can blame them, Madam Secretary Agriculture, Great job you.
12:12
Speaker 2: Did on eggs.
12:13
Speaker 1: By the way, the egg prices came down fifty percent.
12:16
Speaker 1: You got them down fifty percent once we got involved.
12:19
Speaker 1: They were going through the sky, the egg prices, they
12:22
Speaker 1: were going through the sky, and you did a fantastic job.
12:25
Speaker 1: Now we have lots of eggs and they're much cheaper,
12:28
Speaker 1: down about fifty nine percent.
12:30
Speaker 2: Now, and they're going down further.
12:33
Speaker 1: We charged two point eight percent for so many things
12:37
Speaker 1: that other countries are charging two hundred percent, three hundred percent,
12:40
Speaker 1: then four hundred percent for If imposing tariffs and protective
12:45
Speaker 1: barriers made nations poor, then every country on Earth would
12:49
Speaker 1: be racing to eliminate these policies, and China would be
12:52
Speaker 1: the first online. They've run a very strong country, but
12:57
Speaker 1: they're not first in line, and the American people are
13:01
Speaker 1: paying a very big price. From seventeen eighty nine to
13:05
Speaker 1: nineteen thirteen, we were a tariff back nation. In the
13:09
Speaker 1: United States was proportionately the wealthiest it has ever been,
13:13
Speaker 1: so wealthy, in fact, that in the eighteen eighties they
13:17
Speaker 1: established a commission to decide what they were going to
13:20
Speaker 1: do with the vast.
13:21
Speaker 2: Sums of money they were collecting.
13:23
Speaker 1: We were collecting so much money so fast, we didn't
13:26
Speaker 1: know what to do with it.
13:26
Speaker 2: Isn't that a nice problem to have?
13:28
Speaker 1: What do you think, Marco? Good problem? Marco would love
13:32
Speaker 1: that problem. But we don't have that problem anymore. But
13:36
Speaker 1: we're not going to have it very much longer, I
13:38
Speaker 1: will tell you. But they collected so much money they
13:41
Speaker 1: actually formed a commission to determine.
13:43
Speaker 2: What they were going to do with the money, who
13:45
Speaker 2: they were going to give it to, and how much.
13:47
Speaker 1: Then in nineteen thirteen, for reasons unknown to mankind, they
13:51
Speaker 1: established the income tax so that citizens, rather than foreign countries,
13:55
Speaker 1: would start paying the money necessary to run our government.
14:00
Speaker 1: In nineteen twenty nine. It all came to a very
14:02
Speaker 1: abrupt end with a great depression, and it would have
14:06
Speaker 1: never happened. If they had stayed with the tariff policy,
14:09
Speaker 1: it would have been a much different story. They tried
14:11
Speaker 1: to bring back tariffs to save our country, but.
14:15
Speaker 2: It was gone. It was gone.
14:17
Speaker 1: It was too late, nothing could have been done. Took
14:20
Speaker 1: years and years to get out of that depression, far
14:23
Speaker 1: longer than even FDR had that office right over there
14:27
Speaker 1: for a long period of time. The ramp system, it's
14:30
Speaker 1: rather intricate, was built because of him, and every time
14:33
Speaker 1: you walk up you think of him. And he did
14:36
Speaker 1: a great job in many ways, but it lasted long
14:38
Speaker 1: beyond his terms, as you know.
14:41
Speaker 2: But it's not too late any longer.
14:43
Speaker 1: And we're going to start being smart, and we're going
14:47
Speaker 1: to start being very wealthy again.
14:48
Speaker 2: We're going to be wealthy as.
14:49
Speaker 1: A country because they've taken so much of our wealth
14:53
Speaker 1: away from us. We're not going to let that happen.
14:55
Speaker 1: We truly can be very wealthy. We can be so
14:57
Speaker 1: much wealthier than any country, it's not even believe.
15:00
Speaker 2: But we're getting smart.
15:02
Speaker 1: Nearly a century later, in the face of unrelenting economic warfare,
15:06
Speaker 1: the United States can no longer continue with a policy
15:09
Speaker 1: of unilateral economic surrender. We cannot pay the deficits of
15:14
Speaker 1: Canada and Mexico and so many other countries. We used
15:17
Speaker 1: to do it, we can't do it anymore. We take
15:19
Speaker 1: care of countries all over the world. We pay for
15:21
Speaker 1: their military, we pay for everything they have to pay.
15:25
Speaker 2: And then when you.
15:26
Speaker 1: Want to cut back a little bit, they get upset
15:28
Speaker 1: that you're not taking care of them any longer. But
15:30
Speaker 1: we have to take care of our people, and we're
15:32
Speaker 1: going to take care of our people first.
15:34
Speaker 2: And I'm sorry to say that.
15:40
Speaker 1: And today we're standing up for the American worker and
15:43
Speaker 1: we are finally putting America first. In Sleepy Joe Biden's
15:54
Speaker 1: last year in office, the United States hemorrhaged one hundred
15:58
Speaker 1: thousand manufacturing jobs and the number was going through the
16:01
Speaker 1: roof at levels never seen before. And our trade deficit
16:05
Speaker 1: reached a record one point two trillion dollars, which is
16:10
Speaker 1: unheard of since the beginning of NAFTA, the worst trade
16:14
Speaker 1: deal ever made. It was a horror show. I was
16:17
Speaker 1: able to determine it. They all said, you'd never be able to.
16:19
Speaker 2: Get it out.
16:20
Speaker 1: We had to get approval from Congress to get it terminated.
16:24
Speaker 2: We had to live with that deal.
16:25
Speaker 1: It was the worst deal, worst trade deal ever made
16:27
Speaker 1: by far. But since the very beginning of NAFTA, our
16:31
Speaker 1: country lost ninety thousand factories. Think of what that is,
16:36
Speaker 1: ninety thousand. Think about putting a map up and putting
16:39
Speaker 1: tacks on it. You wouldn't have enough room. Ninety thousand,
16:42
Speaker 1: I said, is that possible? We had it checked four
16:44
Speaker 1: different times and it was actually somewhat higher than that.
16:48
Speaker 1: And five million manufacturing jobs were lost while racking up
16:52
Speaker 1: trade deficits of nineteen trillion dollars. That was the worst
16:57
Speaker 1: trade deal ever made. The result of these gigantic losses,
17:02
Speaker 1: foreign nations now own twenty six trillion dollars more of
17:05
Speaker 1: American assets than Americans. Think of this, than the Americans
17:09
Speaker 1: own of their own foreign assets or other foreign assets.
17:14
Speaker 1: The United States can no longer produce enough antibiotics to
17:18
Speaker 1: treat our sick. We have a tremendous problem. We have
17:21
Speaker 1: to go to foreign countries to treat our sick. If
17:23
Speaker 1: anything ever happened from a war standpoint, we wouldn't be
17:26
Speaker 1: able to do it. We import virtually all of our
17:30
Speaker 1: computers phones, televisions, and electronics. We used to dominate the field,
17:34
Speaker 1: and now we import it all from different countries. A
17:38
Speaker 1: single shipyard in China now produces more ships every year
17:42
Speaker 1: than all of the American shipyards combined. Think of that,
17:46
Speaker 1: and it was a business that we used to dominate.
17:48
Speaker 1: We used to dominate it totally. In short, chronic trade
17:51
Speaker 1: deficits are no longer merely an economic problem. They're a
17:55
Speaker 1: national emergency that threatens our security and our very way
17:59
Speaker 1: of life if it's a very great threat to our country,
18:02
Speaker 1: and for these reasons, starting tomorrow, the United States will
18:06
Speaker 1: implement reciprocal tariffs on other nations. It's been a long
18:10
Speaker 1: time since we even thought of that. We used to
18:14
Speaker 1: think about it a lot. We didn't think about it
18:16
Speaker 1: for many decades, and you see what's happened.
18:19
Speaker 2: For nations that treat us badly.
18:21
Speaker 1: We will calculate the combined rate of all their tariffs,
18:24
Speaker 1: non monetary barriers, and other forms of cheating. And because
18:29
Speaker 1: we are being very kind, we're kind people, very kind.
18:35
Speaker 1: You're not so kind when you get ripped off with
18:37
Speaker 1: your salaries. My autoworker friends and my teamster friends, and
18:41
Speaker 1: all of the unions that typically voted Democrat. They're not
18:45
Speaker 1: voting Democrat anymore because worker, whether union or non worker,
18:49
Speaker 1: they're for the Republicans. Now, that's what happened. But we
18:53
Speaker 1: will charge them approximately half of what they are and
18:57
Speaker 1: have been charging us, so the tariffs will be not
19:02
Speaker 1: a full reciprocal I could have done that, yes, but
19:05
Speaker 1: it would have been tough for a lot of countries.
19:08
Speaker 1: We didn't want to do that. I'd like to see
19:09
Speaker 1: the chart. If you have it, could you bring it up, Howard.
19:13
Speaker 2: This is our.
19:14
Speaker 1: Great Secretary of Commerce, Howard Lutnick.
19:19
Speaker 2: Thanks.
19:21
Speaker 1: So if you look at that China first row, China,
19:26
Speaker 1: sixty seven percent, that's tariff charged to the USA, including
19:32
Speaker 1: currency manipulation and trade barriers. So sixty seven percent. I
19:37
Speaker 1: think you can, for the most part see it. Those
19:39
Speaker 1: with good eyes with bad eyes. We didn't want to
19:41
Speaker 1: bring the it's very windy out here. We didn't want
19:43
Speaker 1: to bring out the big charts because it had no
19:45
Speaker 1: chance of standing. Fortunately, we came armed with a little
19:49
Speaker 1: smaller chart. So sixty seven percent. So we're going to
19:53
Speaker 1: be charging a discounted reciprocal tariff of thirty four percent.
19:57
Speaker 1: I think, in other words, they charge us we charge them,
20:00
Speaker 1: we charge them less, So how can anybody be upset?
20:03
Speaker 1: They will be because we never charge anybody anything. But
20:06
Speaker 1: now we're gonna charge European Union. They're very tough, very
20:11
Speaker 1: very tough traders. You know, you think of European Union,
20:16
Speaker 1: very friendly.
20:17
Speaker 2: They rip us off.
20:18
Speaker 1: It's so sad to see, it's so pathetic. Thirty nine percent.
20:22
Speaker 1: We're gonna charge them twenty percent. So we charging them
20:25
Speaker 1: potentially have Vietnam great negotiators.
20:29
Speaker 2: Great people. They like me. I like them.
20:31
Speaker 1: The problem is they charge us ninety percent. We're gonna
20:34
Speaker 1: charge them forty six percent tariff. Taiwan where they make
20:39
Speaker 1: they took all of our computer chips and semiconductors. We
20:43
Speaker 1: used to be the king, right, we were everything. We
20:46
Speaker 1: had all of it.
20:47
Speaker 2: Now we have almost none of it.
20:48
Speaker 1: Except the biggest company is coming in they're gonna have
20:51
Speaker 1: We're gonna end up with almost forty percent. Leez Elden's
20:53
Speaker 1: working to get their approvals and it's an amazing company,
20:57
Speaker 1: mister way of one of the great cup of the world. Actually,
21:01
Speaker 1: they're coming in from Taiwan and they're got to build
21:03
Speaker 1: one of the biggest plants in the world. Maybe the
21:05
Speaker 1: biggest for that, but sixty four percent, we're going to
21:09
Speaker 1: charge them thirty two percent. Japan very very tough, great people.
21:15
Speaker 1: And again I don't blame the people for doing it.
21:17
Speaker 1: It's I think they're very smart to do it. I
21:19
Speaker 1: blame the people that sat right in that Oval office,
21:21
Speaker 1: right over there, right behind the resolute desk, whichever desk
21:25
Speaker 1: they chose. Japan forty six percent, they would charge us
21:29
Speaker 1: forty six percent, and much higher for certain items like cars,
21:33
Speaker 1: you know, little items like cars, forty six percent. We're
21:37
Speaker 1: charging them twenty four percent. India very very tough, very
21:41
Speaker 1: very tough. They Prime Minister just left. He's a great
21:45
Speaker 1: friend of mine. But I said, you're a friend of mine,
21:47
Speaker 1: but you're not treating us right. They charged us fifty
21:51
Speaker 1: two percent. You have to n'derstand we charge them almost
21:53
Speaker 1: nothing for years and years and decades. And it was
21:56
Speaker 1: only seven years ago when I came in. We started
22:01
Speaker 1: with China, Georgia. We took in hundreds of billions of
22:04
Speaker 1: dollars from China in tariffs, and they understood. Honestly, Presidency understood.
22:11
Speaker 1: He said, look, I understand, and the other countries and
22:14
Speaker 1: they all understand.
22:15
Speaker 2: We're gonna have to.
22:16
Speaker 1: Go through a little tough love maybe, but they all
22:18
Speaker 1: understand they're ripping us off, and they understood it. Prime
22:22
Speaker 1: Minister of Japan, Shinzo was Shinzo Abbi. He was a
22:29
Speaker 1: fantastic man. He was unfortunately taken from US assassination. But
22:34
Speaker 1: I went to him and I said, Shinzo, we have
22:37
Speaker 1: to do something at trade is not fair. He said,
22:40
Speaker 1: I know that. I know that, and he was a
22:43
Speaker 1: great gentleman. He was a fantastic man. But he understood
22:49
Speaker 1: immediately what I was talking about. I said, Shinzo, we
22:51
Speaker 1: have to do something. He said, I know that, and
22:54
Speaker 1: we've worked out a deal, and it would have been
22:56
Speaker 1: a much better deal. But frankly, there were many years
22:59
Speaker 1: left on the deal. Is made previous to my getting there,
23:01
Speaker 1: but it was. It was something if you look at
23:05
Speaker 1: Switzerland sixty one percent to thirty one percent, Indonesia, Malaysia, Cambodi.
23:10
Speaker 1: Who look at Cambodia ninety seven percent, we're going to
23:14
Speaker 1: bring it down to forty nine. They made a fortune
23:16
Speaker 1: with the United States of America, United Kingdom ten percent,
23:20
Speaker 1: and we'll go ten percent, so we'll do the same thing.
23:24
Speaker 1: South Africa, oh, sixty percent thirty percent, and they've got
23:29
Speaker 1: some bad things going on in South Africa. You know,
23:32
Speaker 1: we're paying them billions of dollars and we cut the
23:35
Speaker 1: funding because a lot of bad things are happening in
23:38
Speaker 1: South Africa. The fake news ought to be looking at it.
23:40
Speaker 1: They don't want to report it. Brazil ten percent, ten percent,
23:44
Speaker 1: Bangladesh is seventy four percent, so you see what's going on.
23:49
Speaker 1: Pakistan fifty eight percent, Sri Lanka eighty eight percent. So
23:56
Speaker 1: what we're doing is we're taking not the full we
23:59
Speaker 1: could take the full AID eight Thanks a lot.
24:01
Speaker 2: He's doing a very good job. How's he doing? All right?
24:05
Speaker 1: I think you better take it with you. It's not
24:06
Speaker 1: gonna last very long. He's gonna put it. It's gonna
24:09
Speaker 1: follow you down with the wind. I brought a hat
24:13
Speaker 1: just in case he got too windy. But here would
24:15
Speaker 1: anybody like a hat I'm giving I'm not giving it
24:18
Speaker 1: to a cabinet. I'm giving it to the auto workers,
24:26
Speaker 1: thank you, fellas. Yeah, that's it, that's it. They deserve
24:33
Speaker 1: it more than our cabinet. Our cabinet has plenty of hats.
24:38
Speaker 1: But you see the numbers, The numbers are so disproportionate,
24:42
Speaker 1: they're so unfair. At the same time, we will establish
24:45
Speaker 1: a minimum baseline tariff of ten percent you notice that
24:49
Speaker 1: on the chart, and that'll be on other countries to
24:52
Speaker 1: help rebuild our economy and to prevent cheating. So we're
24:56
Speaker 1: gonna have a minimum of cheating, and we're gonna be
24:58
Speaker 1: very severe on the people so that at the gate
25:01
Speaker 1: that watched the tariffs and watched the product coming in,
25:04
Speaker 1: because there's been a lot of bad things happening at
25:07
Speaker 1: the gate. Because the money is so enormous that you're
25:10
Speaker 1: talking about, there's never been probably anything like it in
25:13
Speaker 1: terms of the enormity, and there are a lot of
25:16
Speaker 1: bad things happen at the people that do the check in,
25:19
Speaker 1: and they're looking at ten year jail sentences if they
25:22
Speaker 1: do play, we're going to treat them so good, but
25:23
Speaker 1: if they cheat, the repercussions are going to be extremely strong.
25:28
Speaker 1: Foreign nations will finally be asked to pay for the
25:31
Speaker 1: privilege of access to our market, the biggest market in
25:35
Speaker 1: the world, where right now the biggest market in the world.
25:37
Speaker 1: We had a great country four years ago in terms
25:41
Speaker 1: of the economics.
25:42
Speaker 2: We were doubling up on China.
25:44
Speaker 1: We were doing so well, nobody was going to catch us,
25:46
Speaker 1: but so much of it slipped away over the last
25:49
Speaker 1: four years under Biden. I campaigned on this policy throughout
25:53
Speaker 1: last year and today. That promise was made, and it
25:56
Speaker 1: was also a promise, as you know, that was kept.
25:59
Speaker 1: Promises made, promises kept to any company that objects to
26:07
Speaker 1: our common sense reciprocal tariffs again, reciprocal, back and forth,
26:12
Speaker 1: back and forth, and were I call this kind reciprocal.
26:17
Speaker 1: This is not full reciprocal. This is kind reciprocal. But
26:22
Speaker 1: what we do is we cut it in half. We
26:24
Speaker 1: charge them. My answer is very simple. If they complain,
26:27
Speaker 1: if you want you're tariff right to be zero, then
26:30
Speaker 1: you build your product right here in America because there
26:32
Speaker 1: is no tariff if you build your plant, your product
26:35
Speaker 1: in America. And we've seen companies coming in like we've
26:41
Speaker 1: never seen before. Likewise, to all of the foreign presidents,
26:45
Speaker 1: prime ministers, kings, queens, ambassadors and everyone else who will
26:49
Speaker 1: soon be calling to ask for exemptions from these tariffs,
26:53
Speaker 1: I say, terminate your own tariffs, drop your barriers, don't
26:57
Speaker 1: manipulate your currency. They manipulate their currencies like nobody can
27:03
Speaker 1: even believe, which is a bad bad thing and very
27:06
Speaker 1: devastating to us and start buying tens of billions of
27:09
Speaker 1: dollars of American goods. Tariffs give our country protection against
27:14
Speaker 1: those that would do us economic harm. And many people
27:17
Speaker 1: were looking to do us economic arm. Maybe not so obviously,
27:23
Speaker 1: but they were doing tremendous economic harm. But even more importantly,
27:27
Speaker 1: they will give us growth. These tariffs are going to
27:30
Speaker 1: give us growth like you haven't seen before, and it'll
27:34
Speaker 1: be something very special to watch. I am so looking
27:37
Speaker 1: forward to Brian. It's going to happen even faster than
27:39
Speaker 1: you said. You know, you might, you might say, but
27:42
Speaker 1: it's already started. It's already started. Work's already begun on
27:47
Speaker 1: plants all around the country. And you see that as before.
27:50
Speaker 1: These are big rich companies. We have sixty one billion
27:54
Speaker 1: dollars started on a big plant going up. It's going
27:58
Speaker 1: to be announced over the next two days. And they
28:00
Speaker 1: already started work. Many of these biggest, the biggest companies
28:03
Speaker 1: in the world, they've committed.
28:05
Speaker 2: To build, build to build. We're going to build, build, build.
28:08
Speaker 1: Sir, And they came here to see me, and they
28:11
Speaker 1: came wanted to know if they could.
28:12
Speaker 2: Have a press conference. I do as many as I can.
28:14
Speaker 1: I'm pretty busy trying to stop Russia and Ukraine and
28:18
Speaker 1: the Middle East.
28:19
Speaker 2: We got to stop that.
28:20
Speaker 1: We're going to stop the hooties which were making tremendous
28:23
Speaker 1: They like shooting ships down and out of the water
28:26
Speaker 1: seeking chips. They get a kick out of it. But
28:28
Speaker 1: they're not getting such a kick out of it now,
28:30
Speaker 1: are they, mister secretary. They're not getting such a kick
28:34
Speaker 1: out of that now. But here are just a short
28:37
Speaker 1: list of some of the companies that have already announced
28:40
Speaker 1: and committed to investment. And this is a company that
28:45
Speaker 1: built its factories and its plants in China. Apple is
28:50
Speaker 1: going to spend five hundred billion dollars. They never spent
28:54
Speaker 1: money like that here, they're going to build their plants here, Soft.
28:58
Speaker 2: Bank opened ai and Oracle.
29:01
Speaker 1: Great companies are investing five hundred billion dollars.
29:06
Speaker 2: Almost immediately.
29:08
Speaker 1: Navidia, a hot company, is investing hundreds of billions of dollars.
29:12
Speaker 1: They just announced TSMC, the biggest most important company in
29:17
Speaker 1: the world of chips from Taiwan with no investment from US,
29:21
Speaker 1: is investing two hundred billion. And they said the reason
29:25
Speaker 1: was number one, the election of November fifth and Number two,
29:28
Speaker 1: the tariffs. They don't want to pay the tariffs, and
29:30
Speaker 1: the way they're not paying it is to build their
29:33
Speaker 1: plan here. So we're going to go from almost no percentage.
29:36
Speaker 1: We used to have one hundred percent of the chip market.
29:38
Speaker 1: Now it's all in Taiwan. Almost all of it's in Taiwan.
29:41
Speaker 1: Couple of other countries, but mostly in Taiwan. And think
29:45
Speaker 1: of it, we had one hundred percent. We lost it
29:47
Speaker 1: because of people in that office that didn't do their job.
29:50
Speaker 2: They allowed it to be.
29:51
Speaker 1: Stolen from us. Johnson and Johnson, Great Company fifty five
29:56
Speaker 1: billion dollars, ELI Lilly twenty seven billion, Meta is investing
30:01
Speaker 1: five hundred billion dollars. Wow, the MAC is investing twenty billion, CMA,
30:10
Speaker 1: CGM twenty billion dollars. And then you have Merk and Clariers, Stilantis,
30:15
Speaker 1: General Motors, Geererospace, Honda and Nissan, Hyundai are all putting
30:21
Speaker 1: in billions and billions of dollars and they're committed one
30:24
Speaker 1: hundred percent. So and we have never had We've never
30:28
Speaker 1: had And this is after two and a half months.
30:30
Speaker 1: This is not this is after just a short This
30:33
Speaker 1: all took place as soon as we came out with
30:36
Speaker 1: what everybody wanted to do. You know, I watched a
30:39
Speaker 1: gentleman today on television, used to work with Leia Kokova,
30:43
Speaker 1: respected automobile person, and he said, you know, because they're
30:47
Speaker 1: asking people, they try and get as many negative people
30:49
Speaker 1: as they can, but they can't find them too much.
30:51
Speaker 1: It's pretty hard to find in terms of what we're doing,
30:54
Speaker 1: especially when they see all this investment.
30:56
Speaker 2: They said, So tell me, what do.
30:57
Speaker 1: You think of what Trump is doing from the automobile standpoint,
31:01
Speaker 1: He said, I can't believe it. Somebody is finally he's
31:05
Speaker 1: an older guy, real pro, really top guy with Leiacoci said,
31:11
Speaker 1: I never thought i'd see the day when this would happen,
31:13
Speaker 1: where somebody had the courage to go and do what
31:16
Speaker 1: has to be done. This is transforming our nation. Our
31:19
Speaker 1: entire nation is going to be transformed, not only with
31:22
Speaker 1: the cars, but on every single other item that's built.
31:27
Speaker 1: We're going to become an industrial powerhouse. And he said
31:29
Speaker 1: that so beautifully today. In fact, I'm going to find out.
31:33
Speaker 1: I'm going to get a tape and Bruce, I'm going
31:35
Speaker 1: to get that tape and I'm going to send it
31:37
Speaker 1: to you out in Long Island and you're going to
31:38
Speaker 1: play it for the people and all your union workers
31:41
Speaker 1: and your non union workers out there.
31:43
Speaker 2: You got a.
31:43
Speaker 1: Pretty even split. But we have so far, it looks
31:49
Speaker 1: like we're going to have about six trillion dollars of investments,
31:52
Speaker 1: and you wouldn't do that in years in this country
31:56
Speaker 1: over the last number of years. Six trillion dollars, and
31:59
Speaker 1: that's going to be much higher by the end of
32:01
Speaker 1: the year. And think of what six trillion dollars is.
32:05
Speaker 2: You wouldn't have.
32:06
Speaker 1: Even a small percentage of that under this other system.
32:10
Speaker 1: We're going to be an entirely different country, and it's
32:12
Speaker 1: going to be fantastic for the workers. It's going to
32:14
Speaker 1: be fantastic for everyone. There will never have been a
32:17
Speaker 1: transformation of a country like the transformation that's already happening
32:22
Speaker 1: in the United States of America. It's an incredible thing
32:24
Speaker 1: to watch, and it's incredible to meet with the top people,
32:28
Speaker 1: people that you read about, very wealthy people, or people
32:31
Speaker 1: that are great managers and executives and presidents of big
32:35
Speaker 1: public companies, and to watch the enthusiasm they have now
32:39
Speaker 1: that they didn't have. They gave up on our country,
32:41
Speaker 1: they went to foreign countries and they built. Companies are
32:44
Speaker 1: pouring into our country at levels never seen before, with
32:48
Speaker 1: jobs and money to follow.
32:50
Speaker 2: And it's really beautiful.
32:51
Speaker 1: In the coming days, there will be complaints from the
32:54
Speaker 1: globalists and the outsources and special interests and the fake news,
32:58
Speaker 1: always fake news, will always complain, but never forget. Every
33:03
Speaker 1: prediction our opponents made about trade for the last thirty
33:06
Speaker 1: years has been proven totally wrong.
33:09
Speaker 2: They were wrong about NAFTA, they were wrong about China.
33:12
Speaker 2: They were wrong.
33:13
Speaker 1: About the Transpecific Partnership, which would have been a disaster.
33:17
Speaker 2: If I didn't terminate it.
33:18
Speaker 1: If I didn't turn that terminate that United Auto Workers,
33:23
Speaker 1: you would have had no jobs in this country.
33:26
Speaker 2: You would have had no jobs.
33:28
Speaker 1: I was all going to other countries in.
33:31
Speaker 2: My first term.
33:32
Speaker 1: They said tariffs would crash the economy. Instead we built
33:37
Speaker 1: the greatest economy in the history of the world. And again,
33:40
Speaker 1: I have great respect for presidency of China, great respect
33:43
Speaker 1: for China. But they were taking tremendous advantage of them
33:47
Speaker 1: of US.
33:48
Speaker 2: And I commend them for that.
33:50
Speaker 1: I say, hey, if you can get away with it,
33:52
Speaker 1: that's okay. But you know, they understand exactly what's happening,
33:57
Speaker 1: and they probably most of them are saying it's about
33:59
Speaker 1: time they did something. But and they're gonna fight, and
34:02
Speaker 1: they're gonna fight fair.
34:03
Speaker 2: Everyone's going to fight. You know.
34:04
Speaker 1: It's like I say to the leaders, Look, you got
34:07
Speaker 1: to take care of your country, but we have to
34:09
Speaker 1: start taking care of our country now. We can't do
34:11
Speaker 1: what we've been doing for the last fifty years.
34:13
Speaker 2: From the day of my election.
34:16
Speaker 1: The stock market went up in my first term eighty
34:18
Speaker 1: eight percent, with NaSTA going up one hundred and fifty
34:22
Speaker 1: five percent, more than any president has ever had in
34:26
Speaker 1: any term in office by far. And I think we're
34:31
Speaker 1: going to blow that away. And maybe the numbers won't show,
34:35
Speaker 1: but I think they're going to show much better than
34:37
Speaker 1: even those numbers. But what you're going to see is
34:39
Speaker 1: you're gonna see activity that empty, dead sites, factories that
34:43
Speaker 1: are falling down. Those factories will be knocked down and
34:47
Speaker 1: they're gonna have brand new factories built in their place.
34:49
Speaker 1: And not only talking about renovating, they're talking about brand new,
34:53
Speaker 1: the best anywhere in the world, the biggest anywhere in
34:55
Speaker 1: the world. Have a friend who bills car plants, and
34:58
Speaker 1: I said, I want to see the biggest.
34:59
Speaker 2: And the best.
35:00
Speaker 1: He said, well, we have to go to Mexico. I said, now,
35:03
Speaker 1: I want to see it in the United States. He said,
35:04
Speaker 1: we're not building them. And then this is a year
35:07
Speaker 1: and a half ago, during the campaign, he said, we're
35:09
Speaker 1: not building You'd have to go to Mexico. When I
35:12
Speaker 1: was starting to decide to run, and I went to
35:14
Speaker 1: number one in the polls very rapidly, I want to say,
35:17
Speaker 1: I want to like, let's say, in the first in
35:20
Speaker 1: the first hour, and then shortly thereafter it looked like
35:24
Speaker 1: I was going to win, and the fake news was saying, oh, no,
35:27
Speaker 1: don't do this. What they don't know is if I
35:29
Speaker 1: didn't win, they would have really been in trouble because
35:32
Speaker 1: nobody wants to read them anyway. But I tell you what,
35:35
Speaker 1: when when it looked like I was going to win,
35:38
Speaker 1: I announced that I was going to be doing exactly
35:41
Speaker 1: what we're talking about today.
35:42
Speaker 2: Great consistency actually because I've been.
35:44
Speaker 1: Talking about it for forty years, but because I saw
35:48
Speaker 1: what was happening forty years ago. If you look at
35:50
Speaker 1: my old speeches when I was young, very handsome, my
35:55
Speaker 1: old speeches, and that people would say it'd be on
35:57
Speaker 1: a television show.
35:58
Speaker 2: I'd be talking about how we.
36:00
Speaker 1: Being ripped off by these countries. I mean, nothing changes
36:03
Speaker 1: very much. The only thing that change were the countries.
36:06
Speaker 1: But nothing really changes. But you know, it's it's such
36:09
Speaker 1: an honor. It's such an honor to be finally able
36:12
Speaker 1: to do this. If you look at China, I took
36:16
Speaker 1: in hundreds of billions of dollars in my term, hundreds
36:20
Speaker 1: of billions. They never paid ten cents to any other president,
36:25
Speaker 1: and yet they paid hundreds of billions, so much so.
36:27
Speaker 2: That Biden couldn't do anything.
36:29
Speaker 1: They wanted to try and terminate it because he had
36:32
Speaker 1: a very special relationship with China. You know what the
36:35
Speaker 1: relationship was, he had especially, but the numbers were so big,
36:41
Speaker 1: the numbers were so big that they couldn't do it.
36:46
Speaker 1: So they did ease it up. They did things that
36:48
Speaker 1: they shouldn't have done. They made it a lot more
36:51
Speaker 1: comfortable for them, but they couldn't do it because the
36:54
Speaker 1: numbers were hundreds of billions of dollars. And I did that,
36:58
Speaker 1: and we were on our way to doing something like incredible,
37:02
Speaker 1: and then we had a very bad election. Happened, very
37:05
Speaker 1: bad election. A lot of bad things happened. So when
37:08
Speaker 1: I said we've got to do it again. I said,
37:09
Speaker 1: we have to make it too big to rig, and
37:11
Speaker 1: we made it too big to rig, and we won
37:13
Speaker 1: in records and it was a monumental win. And it
37:17
Speaker 1: was such an honor to see so many of you,
37:20
Speaker 1: like Brian and your friends here with us to celebrate
37:24
Speaker 1: and to more importantly celebrate what we're doing, because that
37:26
Speaker 1: wouldn't be a full celebration if we didn't do this,
37:29
Speaker 1: Because this will be an entirely different country in a
37:32
Speaker 1: short period of time. It'll be something the whole world
37:35
Speaker 1: will be talking about it. The critics made the very
37:39
Speaker 1: tired predictions earlier this year, but in February, core inflation
37:43
Speaker 1: dropped to the lowest rate in four years, and the
37:46
Speaker 1: price of eggs, as.
37:47
Speaker 2: You know, just in a couple of in a month
37:49
Speaker 2: and a half.
37:50
Speaker 1: We were there for four weeks, and the first week
37:55
Speaker 1: I got blamed for eggs. I said, I just got
37:58
Speaker 1: They said eggs have gone up at like two hundred
38:01
Speaker 1: and fifty percent and you can't get eggs, and they
38:04
Speaker 1: were going crazy, and I said, I just got here.
38:09
Speaker 1: And then we got to work on eggs. We got
38:12
Speaker 1: to work on everything. In our great Secretary of agriculture.
38:16
Speaker 1: You did a fantastic job. Brooke Rollins, you did a
38:19
Speaker 1: fantastic job. And as I said before, the price of
38:23
Speaker 1: eggs drop now fifty nine percent and they're going down
38:26
Speaker 1: more and the availability is fantastic. They were saying that
38:29
Speaker 1: for Easter, please don't use eggs. Could you use plastic eggs?
38:33
Speaker 1: I said, we don't want to do that. We want
38:35
Speaker 1: to and you really came through. It's an amazing job.
38:37
Speaker 1: Thank you very much, Brooke.
38:38
Speaker 2: You did great.
38:39
Speaker 1: But likewise, an old fashioned term that we use, groceries,
38:42
Speaker 1: I used it in the campaign. It's such an old
38:45
Speaker 1: fashioned term, but a beautiful term, groceries. It says a
38:48
Speaker 1: bag with different things in it. Groceries went through the
38:51
Speaker 1: roof and.
38:53
Speaker 2: I campaigned on that.
38:54
Speaker 1: I talked about the word groceries for a lot. And
38:56
Speaker 1: energy costs now are down, groceries are down. Ustling is
39:00
Speaker 1: way under three dollars and people are beginning to be
39:04
Speaker 1: able to buy things and live again.
39:05
Speaker 2: We brought prices way down.
39:07
Speaker 1: We created ten thousand already in a few weeks new
39:11
Speaker 1: manufacturing jobs, and it was that took place in one month,
39:15
Speaker 1: numbers that they haven't seen in a long time. We
39:17
Speaker 1: had virtually no inflation. Under my term, we had virtually
39:21
Speaker 1: no inflation for four years, but after transitioning over to
39:26
Speaker 1: Sleepy Joe, it went from almost nonexistent to the highest
39:30
Speaker 1: in the history of our country. They had the highest
39:33
Speaker 1: inflation in the history of our country, brought up by
39:36
Speaker 1: energy and bad spending and bad policy, and a lot
39:39
Speaker 1: of bad things happened.
39:40
Speaker 2: How about allowing.
39:42
Speaker 1: Millions and millions and millions of people to pour into
39:45
Speaker 1: our country with open borders where the it's so sad
39:50
Speaker 1: to see even now, and I see our great Secretary
39:53
Speaker 1: of you have done.
39:54
Speaker 2: Stand up, please, Christy, stand up, CHRISTI.
39:58
Speaker 1: Nom and Tom Homan, these the people are doing a
40:05
Speaker 1: great job. But gotten them out in records. We have
40:09
Speaker 1: problems with judges that don't want them to go out.
40:11
Speaker 1: They want trend I I raqua and they want MS thirteen.
40:16
Speaker 1: The most vicious gangs ever. Nobody's ever seen anything like it,
40:19
Speaker 1: absolute killer gangs. They kill people that don't even think
40:22
Speaker 1: about it, and we put them out. And we have
40:24
Speaker 1: judges now, radical left judges that want to They don't
40:27
Speaker 1: want them to go out, they want them to even
40:29
Speaker 1: be brought back.
40:29
Speaker 2: Let's bring them back.
40:31
Speaker 1: You've done a fantastic job, and please thank everybody, Homeland Security,
40:35
Speaker 1: thank everybody.
40:36
Speaker 2: Appreciate it.
40:39
Speaker 1: And we now have a border that's the best border
40:43
Speaker 1: that we've ever had, even better than it was my
40:46
Speaker 1: first term. My first term we did good, but this
40:48
Speaker 1: one we really specialized it.
40:50
Speaker 2: We've done really well.
40:52
Speaker 1: And we had records then had with the best safest
40:55
Speaker 1: border four years ago, were the best border there ever was,
40:58
Speaker 1: and now we have you've actually matched it and done
41:02
Speaker 1: even better.
41:02
Speaker 2: And we're going to get it down the right way.
41:05
Speaker 1: And we want people, by the way, to come into
41:07
Speaker 1: our country, but we want to come in through a
41:09
Speaker 1: legal process. We want them to come in legally. We
41:12
Speaker 1: need more people. We need people to run these plants
41:15
Speaker 1: and to help the ODO workers and the teamsters and
41:18
Speaker 1: the non union people and everybody else.
41:20
Speaker 2: But we need people on the farmers.
41:22
Speaker 1: And we're going to let people come in, but they
41:24
Speaker 1: want to come in, we want them to come in legally.
41:26
Speaker 1: They have to have the capability of loving our country.
41:28
Speaker 1: Not people that hate our country. We don't want them
41:30
Speaker 1: in our country. And now we're going to pass the
41:34
Speaker 1: largest tax cuts in American history, and that's where we're
41:38
Speaker 1: relying on Mike and john Thune, and we will not
41:42
Speaker 1: cut Social Security, Medicare or Medicaid benefits, and the Democrats
41:48
Speaker 1: will because if they got in, the entire economy would collapse.
41:52
Speaker 1: This country is heading for a collapse under the people
41:56
Speaker 1: that you saw. They were horrible. I think one of
41:59
Speaker 1: the reasons people like the job. I have my highest
42:01
Speaker 1: approvaliens because I think they're comparing me to the worst
42:05
Speaker 1: administration in the history of our country.
42:08
Speaker 2: So I appreciate that at.
42:09
Speaker 1: Least, but Speaker of the House Mike Johnson and Senate
42:13
Speaker 1: Majority Leader appreciate it. Mike john Thune have been fantastic,
42:18
Speaker 1: by the way, but they've been working tirelessly on taking
42:23
Speaker 1: the next step to pass the plan for our one
42:26
Speaker 1: big beautiful bill. I'd like to name it that if
42:29
Speaker 1: you can, one big beauty. I made that statement about
42:32
Speaker 1: six months ago, and everybody calls it one big beautiful bill,
42:35
Speaker 1: and it will be that. It'll have everything, the big
42:38
Speaker 1: tax cuts and every incentive there is, and it'll be
42:41
Speaker 1: uh fantastic. And by the way, for the cars, we're
42:45
Speaker 1: asking for an interest deduction on the loan. So if
42:48
Speaker 1: you build the car only in America, we do it. Brian,
42:51
Speaker 1: if the car's not built in America, you don't get
42:53
Speaker 1: the interest rate deduction.
42:55
Speaker 2: But if you.
42:56
Speaker 1: Build the car in America, if you buy a car,
42:58
Speaker 1: if it's built in America, then you get an interest
43:01
Speaker 1: rate deduction, tax deduction.
43:04
Speaker 2: And that's a big thing. It's going to be a
43:06
Speaker 2: big thing.
43:07
Speaker 1: I think that's going to pay for itself very quickly.
43:09
Speaker 1: That deduction never happened. We've never had anything like that before.
43:12
Speaker 1: Somebody said, way do you get the idea? Because it's
43:14
Speaker 1: so basic, you would think that would have happened a
43:16
Speaker 1: long time ago. It never did, and I'm very happy
43:20
Speaker 1: it didn't because now I can say that was my idea.
43:24
Speaker 1: But we're going to get us closer to the debt extension.
43:28
Speaker 1: We have to get the debt extension passed, and I
43:31
Speaker 1: know you're going to be able to do that, Mike,
43:32
Speaker 1: and it's very important that you do that and all
43:35
Speaker 1: of the other things that the Senate Budget Plan gives
43:38
Speaker 1: us along with working Because I know they're working together,
43:41
Speaker 1: John and Mike, and the two bills are going very
43:43
Speaker 1: well together. We need to get our shared priorities done,
43:47
Speaker 1: including certain permanent tax cuts.
43:49
Speaker 2: We want the tax cuts.
43:50
Speaker 1: To be permanent, spending cuts, energy, and historic investments in defense, border,
43:56
Speaker 1: and so much more. We're covering everything. These will be phenomenal.
44:00
Speaker 1: There'll be no bill like it. It's going to straighten
44:03
Speaker 1: One bill is going to straighten out our country for many,
44:05
Speaker 1: many years to come. And we said, let's just do it,
44:08
Speaker 1: and let's get it done. And some guys will love it,
44:11
Speaker 1: and some guys will like it a little bit less
44:13
Speaker 1: because they're not getting what they were exactly looking for,
44:17
Speaker 1: but they're getting a lot. They'll never If we get
44:19
Speaker 1: this done, it'll be the most incredible bill ever passed
44:23
Speaker 1: in the history of our Congress and Senate and congressmen.
44:27
Speaker 1: The senators and the congressmen, many of whom are here today, will.
44:30
Speaker 2: Be very proud of themselves.
44:31
Speaker 1: I really believe that it's going to set us on
44:34
Speaker 1: a whole new prosperous path. We're going to cut spending
44:38
Speaker 1: and right size the budget back to where it should be.
44:41
Speaker 2: We're going to do that very strong.
44:45
Speaker 1: Thank you, Rick, thank you, John, thank you. Oh look
44:48
Speaker 1: at all of our senators over. Oh boy, that's a
44:52
Speaker 1: nice group of people, But I won't like them so
44:54
Speaker 1: much if they don't get this bill done out.
44:58
Speaker 2: That's a great group and congressmen. Thanks, thank you very much.
45:00
Speaker 1: I appreciate it tremendous people. The Senate plan is my
45:04
Speaker 1: complete and total support, and the House plan likewise is
45:08
Speaker 1: very similar. They're moving along pretty much at the same clip.
45:11
Speaker 1: And as soon as you're ready, you'll show it to me,
45:13
Speaker 1: and I'm sure it'll.
45:14
Speaker 2: Have my support.
45:15
Speaker 3: Mind.
45:15
Speaker 1: Every Republican congressman and senator must unify. We have to unify.
45:20
Speaker 1: We can't be separated. We have to get it done.
45:23
Speaker 1: We have to get absolutely everything we can, and we
45:26
Speaker 1: have to take care of the American people.
45:28
Speaker 2: That's the only thing that matters.
45:29
Speaker 1: We have to take care of the American people first.
45:32
Speaker 1: We need to pass this bill immediately, get it done,
45:35
Speaker 1: including debt extension. From this day on, We're not going
45:39
Speaker 1: to let anyone tell us that American workers and families
45:42
Speaker 1: cannot have the future that they deserve. We're going to
45:46
Speaker 1: produce the cars and ships, chips, airplanes, minerals, and medicines
45:50
Speaker 1: that we need right here in America. The pharmaceutical companies
45:54
Speaker 1: are going to become roaring back. They're coming roaring back.
45:58
Speaker 1: They're all coming back to our content because if they don't,
46:01
Speaker 1: they got a big tax to pay. And if they do,
46:04
Speaker 1: I'll be very happy, and you're going to be very happy,
46:07
Speaker 1: and you're going to be very safe. We're going to
46:09
Speaker 1: build our future with American hands, with American heart, American steel,
46:14
Speaker 1: and we're going to build it with American pride like
46:16
Speaker 1: we used to. We're approaching our one hundredth day as
46:20
Speaker 1: president and have been given credit by a lot of people,
46:24
Speaker 1: actually even some of the fake news can you believe it,
46:29
Speaker 1: which in this case hopefully isn't fake, for having done
46:32
Speaker 1: more in that time than any other administration in the
46:36
Speaker 1: history of our country. In the first one hundred days,
46:38
Speaker 1: I think we've had an amazing in terms of what
46:41
Speaker 1: we've done, what we've gotten accomplished, like to see if
46:44
Speaker 1: we can get that war ended and another war from
46:49
Speaker 1: not starting in the Middle East.
46:51
Speaker 2: We have to get Russia.
46:52
Speaker 1: They're losing two thousand, on average, two thousand, five hundred
46:56
Speaker 1: people that they young people soldiers Russian That two thousand
47:01
Speaker 1: five hundred through some days, but on average, probably over
47:05
Speaker 1: about one week period, it's two thousand and seven hundred
47:09
Speaker 1: and twelve. They say they're losing those soldiers, they're dying,
47:14
Speaker 1: they're being decimated, and they're not from our country. But
47:18
Speaker 1: they're from other countries, but they're human beings. They're from Russia,
47:22
Speaker 1: they're from Ukraine in this period, most of them.
47:26
Speaker 2: And we're going to get it stopped.
47:27
Speaker 1: It's a senseless war that would have never happened if
47:29
Speaker 1: I was president, that it shouldn't.
47:32
Speaker 2: Be allowed to go on.
47:36
Speaker 1: And I think we're being given good cooperation by Russia
47:40
Speaker 1: and by Ukraine, but we have to get it stopped.
47:42
Speaker 1: It's humanity, it's humanity. It's a terrible thing. This will
47:46
Speaker 1: be a very big moment. I think you're going to
47:49
Speaker 1: remember today. It's going to be a free nation that
47:52
Speaker 1: we're dealing with. We're going to have a very free
47:54
Speaker 1: and beautiful nation. It's going to be Liberation Day in America.
47:59
Speaker 1: And it's going to be a day that hopefully you're
48:01
Speaker 1: gonna look back in years to come and you're going
48:03
Speaker 1: to say, you know, he was right. This has turned
48:05
Speaker 1: out to be one of the most important days in
48:08
Speaker 1: the history of our country. God bless you, and God
48:10
Speaker 1: bless America. Thank you, everybody, Thank you very much, Thank you,
48:15
Speaker 1: thank you very much. Will everybody, He's gonna just give
48:48
Speaker 1: you a little bit. He's gonna give you a little
48:52
Speaker 1: bit of a briefing on what we're saying.
48:56
Speaker 4: We have two documents prepared for the President's signature today.
49:00
Speaker 4: Closes what's referred to as the the Minimus Loophole with
49:03
Speaker 4: respect to imports from.
49:04
Speaker 2: The People's Republic of China.
49:09
Speaker 4: The other is the big one, is the Reciprocal Tariff
49:12
Speaker 4: Executive Order that the President just spoke about at length.
49:16
Speaker 4: This is obviously a huge deal, and it's been an
49:18
Speaker 4: honor to be a part of your team getting this
49:20
Speaker 4: ready for you.
49:20
Speaker 2: Thank you. This is a big step. That's a ten.
49:48
Speaker 2: That's a good one. Look, that's a good one. That's
49:56
Speaker 2: a good one. Thank you. Thank you. Sue. Okay, thank
50:18
Speaker 2: you very much. I'm gonna hand out these pens now
50:20
Speaker 2: if I can come on over.
50:22
Speaker 1: Yeah, thank you very much. Thank you.
50:31
Speaker 2: Tell me anything it's not here. I never have
51:06
Speaker 4: Sto