WEBVTT - President Trump on Tariffs - April 2nd, Hour 2 0:00:01.040 --> 0:00:03.720 Hi, Thanks Scott on an hour two Sean Hannity Show, 0:00:03.720 --> 0:00:05.800 eight hundred and nine to four one, Shawn our number 0:00:05.800 --> 0:00:07.320 if you want to be a part of the program. 0:00:07.480 --> 0:00:11.239 It is any moment now, we expect the President at 0:00:11.240 --> 0:00:16.320 the White House to announce his tariff decision. He's calling 0:00:16.360 --> 0:00:19.239 it Liberation Day. I can see in the crowd a 0:00:19.280 --> 0:00:22.880 lot of working men and women. They will be the 0:00:22.920 --> 0:00:30.520 biggest beneficiaries of bringing back factories, manufacturing, construction to this 0:00:30.680 --> 0:00:34.520 country and not allowing other countries to take advantage of us. 0:00:35.640 --> 0:00:38.640 The fact that people don't get that is a little 0:00:38.720 --> 0:00:45.520 unbelievable to me. Interestingly, last year, Joe Biden's Treasury secretary 0:00:45.640 --> 0:00:49.239 said tariffs don't lead to increases in consumer prices, the 0:00:49.360 --> 0:00:55.120 exact opposite argument that democrats are making now Obama implemented. Anyway, 0:00:55.200 --> 0:00:57.320 let's go to President's Trump. He's taken to the podium 0:00:57.520 --> 0:00:57.840 on time. 0:00:58.320 --> 0:01:01.680 Thank you, nice crowd, a good looking group of people. Well, 0:01:01.720 --> 0:01:05.440 we have some very very good news today and a 0:01:05.440 --> 0:01:07.600 lot of good things are happening for our country. Please 0:01:07.600 --> 0:01:14.440 sit down, my fellow Americans. This is Liberation Day waiting 0:01:14.480 --> 0:01:20.479 for a long time. April second, twenty twenty five will 0:01:20.520 --> 0:01:25.560 forever be remembered as today American industry was reborn, the 0:01:25.640 --> 0:01:29.760 day America's destiny was reclaimed, and the day that we 0:01:29.959 --> 0:01:36.080 began to make America wealthy again, going to make it wealthy, good, 0:01:36.120 --> 0:01:41.160 and wealthy. For decades, our country has been looted, pillage, raped, 0:01:41.240 --> 0:01:43.640 and plundered by nations near and far. 0:01:43.600 --> 0:01:45.520 Both friend and foe alike. 0:01:46.520 --> 0:01:50.800 American steel workers, auto workers, farmers, and skilled craftsmen, we 0:01:50.880 --> 0:01:53.760 have a lot of them here with us today. They 0:01:53.880 --> 0:01:58.520 really suffered gravely. They watched in anguish as foreign leaders 0:01:58.560 --> 0:02:03.240 have stolen our job. Farign cheaters have ransacked our factories, 0:02:03.280 --> 0:02:08.400 and foreign scavengers have torn apart our once beautiful American dream. 0:02:08.480 --> 0:02:10.600 We had an American dream that you don't hear so 0:02:10.720 --> 0:02:14.000 much about. You did four years ago, and you are now, 0:02:14.120 --> 0:02:16.760 but you don't too often, and for many years and 0:02:16.840 --> 0:02:20.520 decades even you didn't hear too much about. Our country 0:02:20.520 --> 0:02:23.119 and its taxpayers have been ripped off for more than 0:02:23.320 --> 0:02:24.079 fifty years. 0:02:24.680 --> 0:02:28.160 But it is not going to happen anymore. It's not 0:02:28.200 --> 0:02:28.840 going to happen. 0:02:33.800 --> 0:02:36.640 In a few moments, I will sign a historic executive 0:02:36.760 --> 0:02:43.320 order instituting reciprocal tariffs on countries throughout the world. Reciprocal. 0:02:43.480 --> 0:02:46.040 That means they do it to us and we do 0:02:46.160 --> 0:02:46.960 it to them. 0:02:47.280 --> 0:02:49.640 Very simple. Can't get any simpler than that. 0:02:53.280 --> 0:02:56.400 This is one of the most important days, in my opinion, 0:02:56.600 --> 0:03:03.480 in American history. It's our decal of economic independence. For years, 0:03:03.520 --> 0:03:06.480 hard working American citizens were forced to sit on the 0:03:06.520 --> 0:03:10.880 sidelines as other nations got rich and powerful, much of 0:03:10.919 --> 0:03:14.480 it at our expense. But now it's our turn to 0:03:14.600 --> 0:03:18.520 prosper and in so doing, use trillions and trillions of 0:03:18.600 --> 0:03:21.440 dollars to reduce our taxes and pay down. 0:03:21.280 --> 0:03:24.400 Our national debt. And it'll all happen very quickly. 0:03:25.080 --> 0:03:28.080 With today's action, we are finally going to be able 0:03:28.120 --> 0:03:38.320 to make America great again, greater than ever before. Jobs 0:03:38.360 --> 0:03:41.320 and factories will come roaring back into our country, and 0:03:41.360 --> 0:03:45.880 you see it happening already. We will supercharge our domestic 0:03:45.960 --> 0:03:49.720 industrial base. We will probably open foreign markets and break 0:03:49.760 --> 0:03:54.160 down foreign trade barriers, and ultimately more production at home 0:03:54.240 --> 0:03:59.040 will mean stronger competition and lower prices for consumers. This 0:03:59.120 --> 0:04:02.640 will be indeed the golden Age of America. 0:04:02.640 --> 0:04:05.160 It's coming back. We're going to come back very strongly. 0:04:09.400 --> 0:04:13.120 We're pleased to be joined on this momentous occasion by 0:04:13.240 --> 0:04:17.920 Vice President JD Vance at JD. Thank you, thank you, 0:04:20.200 --> 0:04:25.719 thank you very mum, are you JD not? That wasn't 0:04:25.720 --> 0:04:28.760 too hard to find? He was looking, you know, he 0:04:28.880 --> 0:04:31.040 likes to take a low key attitude and usually he 0:04:31.120 --> 0:04:32.080 said right in front. 0:04:32.080 --> 0:04:33.760 He's gaining a lot of confidence. 0:04:33.839 --> 0:04:38.360 Mike is and nearly my entire cabinet is here as 0:04:38.400 --> 0:04:42.400 well as Speaker. Mike Johnson has done an amazing job. 0:04:46.400 --> 0:04:49.160 And with the great success we had last night in Florida, 0:04:49.279 --> 0:04:53.680 we have a majority of seven and seven's like a lot. 0:04:53.680 --> 0:04:56.279 Well we had it at one. Right, You've done a 0:04:56.320 --> 0:04:59.919 fantastic job. And many of the members of the House 0:05:00.080 --> 0:05:03.080 and senator with us as senators, Congressman, thank you all 0:05:03.080 --> 0:05:03.800 for being with us. 0:05:03.800 --> 0:05:04.640 We appreciate it. 0:05:05.160 --> 0:05:08.440 For decades, the United States slash our trade barriers and 0:05:08.839 --> 0:05:12.880 other countries while those nations placed massive tariffs on our 0:05:12.880 --> 0:05:19.080 products and created outrageous non monetary barriers to decimate our industries. 0:05:19.120 --> 0:05:22.320 And in many cases, the non monetary barriers were worse 0:05:22.360 --> 0:05:28.080 than the monetary ones. They manipulated their currencies, subsidized their exports, 0:05:28.560 --> 0:05:34.320 stole our intellectual property, imposed exorbitant vat taxes, to disadvantage 0:05:34.440 --> 0:05:39.520 our products, adopted unfair rules and technical standards, and created 0:05:39.560 --> 0:05:44.320 filthy pollution havens. They were absolutely filthy, but they always 0:05:44.560 --> 0:05:46.880 came to us and they said, we're violating. 0:05:47.040 --> 0:05:48.560 We should pay for it. 0:05:48.560 --> 0:05:51.240 It's all detailed in a very big report by the 0:05:51.520 --> 0:05:54.719 US Trade Representative on foreign trade barriers. 0:05:55.279 --> 0:05:56.880 And I'll just hold it up for you. 0:05:56.960 --> 0:06:00.520 It's available, and you don't have to pay much. As 0:06:00.560 --> 0:06:03.200 I understand it, you'll pay nothing. It's a lot of work, 0:06:04.040 --> 0:06:06.599 a lot of work for something, actually, because it's a 0:06:06.640 --> 0:06:10.960 special it's a special book. It's very frankly, it's very 0:06:11.320 --> 0:06:13.720 upsetting when you read it, when you see what people 0:06:13.800 --> 0:06:16.720 have been doing to us for thirty years. This all 0:06:16.839 --> 0:06:19.960 happened with no response from the United States of America, 0:06:20.080 --> 0:06:21.000 none whatsoever. 0:06:21.760 --> 0:06:24.640 But those days are over. Let me offer just. 0:06:24.600 --> 0:06:28.679 A few examples of the vicious attacks workers have faced 0:06:29.200 --> 0:06:33.640 for so many years. The United States charges other countries 0:06:33.760 --> 0:06:39.920 only a two point four tariff on motorcycles. Meanwhile, Thailand 0:06:40.120 --> 0:06:44.520 and others are charging much higher prices like sixty percent, 0:06:44.640 --> 0:06:49.160 India charges seventy percent, Vietnam charges seventy five percent. 0:06:48.880 --> 0:06:52.760 And others are even higher than that. Likewise, until today. 0:06:52.800 --> 0:06:56.599 The United States has for decades charged a two point 0:06:56.720 --> 0:07:00.920 five tariff. Think of that two point five percent on 0:07:01.040 --> 0:07:05.400 forar and made automobiles. The European Union charges US more 0:07:05.440 --> 0:07:10.160 than ten percent tariffs, and they have twenty percent vats 0:07:10.320 --> 0:07:14.880 much much higher. India charges seventy percent, and perhaps worst 0:07:14.920 --> 0:07:18.560 of all, of the non monetary restrictions imposed by southgre 0:07:18.560 --> 0:07:21.760 in Japan and very many other nations. As a result 0:07:22.000 --> 0:07:26.800 of these colossal trade barriers, eighty one percent of the 0:07:26.840 --> 0:07:30.080 cars in South care are made in South Korea. Ninety 0:07:30.080 --> 0:07:33.920 four percent of the cars in Japan are made in Japan. 0:07:34.480 --> 0:07:39.120 Toyota sells one million foreign made automobiles into the United States, 0:07:39.160 --> 0:07:43.400 and General Motor sells almost none. Ford sells very little. 0:07:43.800 --> 0:07:47.720 None of our companies are allowed to go into other countries. 0:07:48.160 --> 0:07:51.000 And I say that friend and foe, and in many 0:07:51.040 --> 0:07:53.320 cases the friend is worse than the foe in. 0:07:53.360 --> 0:07:54.320 Terms of trade. 0:07:54.920 --> 0:07:59.520 But such horrendous imbalances have devastated our industrial base and 0:07:59.560 --> 0:08:02.400 put our national security at risk. 0:08:02.480 --> 0:08:04.080 I don't blame these. 0:08:03.920 --> 0:08:06.640 Other countries at all for this calamity. I blame former 0:08:06.760 --> 0:08:09.520 presidents and past leaders who weren't doing their job. They 0:08:09.600 --> 0:08:12.240 let it happen, and they let it happen to an 0:08:12.240 --> 0:08:15.760 extent that nobody can even believe. That's why, effective at midnight, 0:08:16.280 --> 0:08:18.960 we will impose a twenty five percent tariff for Noll 0:08:19.080 --> 0:08:24.280 far And made automobiles. 0:08:25.800 --> 0:08:29.920 Thank you, Brian. I'd like to have you come up 0:08:29.920 --> 0:08:30.760 here for a second. 0:08:30.840 --> 0:08:33.840 Okay, I just see him saying he's been a fan 0:08:33.920 --> 0:08:38.560 of ours and he understands this business a lot better 0:08:38.600 --> 0:08:41.160 than the economists, a lot better than anybody. 0:08:41.160 --> 0:08:43.280 Brian, say a few words. Please, would you, thank you, 0:08:43.440 --> 0:08:45.760 thank you. It's great honor to have you. Thanks, thank you, 0:08:45.800 --> 0:08:46.560 mister president. 0:08:47.400 --> 0:08:50.600 I grew up just north of Detroit, Michigan and McComb County, 0:08:51.400 --> 0:08:54.319 known as the home of the Reagan Democrats. My first 0:08:54.400 --> 0:08:57.240 vote for president was for Ronald Reagan. I thought that 0:08:57.320 --> 0:08:59.040 was going to be the best president I ever saw 0:08:59.040 --> 0:09:05.240 in my lifetime until Donald J. Trump came along. I 0:09:05.360 --> 0:09:09.079 have watched my entire life, I have watched plant after 0:09:09.240 --> 0:09:12.679 plant after plant in Detroit and in the metro Detroit 0:09:12.760 --> 0:09:16.480 area close. There are now plants sitting idle. There are 0:09:16.520 --> 0:09:21.719 now plants that are underutilized. And Donald Trump's policies are 0:09:21.720 --> 0:09:25.400 going to bring product back into those underutilized plants. There's 0:09:25.440 --> 0:09:28.440 gonna be new investment, there's gonna be new plants built. 0:09:28.640 --> 0:09:31.679 And the UAW members and I brought twenty of them 0:09:31.920 --> 0:09:33.120 with me, they're sitting. 0:09:32.880 --> 0:09:33.680 Right over here. 0:09:34.840 --> 0:09:40.200 We support Donald Trump's policies on tariffs one hundred percent. So, 0:09:40.320 --> 0:09:43.680 mister President, we can't thank you enough. And in six 0:09:43.760 --> 0:09:46.079 months or a year, we're gonna begin to see the benefits. 0:09:46.200 --> 0:09:48.439 I can't wait to see what's happening three or four 0:09:48.520 --> 0:09:50.720 years down the road. Thank you, mister president. 0:09:51.559 --> 0:09:55.160 Thank you so much. Thank you what a great He 0:09:55.200 --> 0:09:56.600 got it right from the beginning. 0:09:56.760 --> 0:09:59.920 He got it before almost anybody else's group over there. 0:10:00.080 --> 0:10:00.560 Got it too. 0:10:01.400 --> 0:10:04.440 And you know, we won the state of Michigan. We 0:10:04.520 --> 0:10:08.520 won almost all of them, but we won Michigan. 0:10:08.120 --> 0:10:09.720 By a lot. And I want to just thank you. 0:10:09.800 --> 0:10:13.400 All the auto workers were fantastic, the teamsters were fantastic. 0:10:14.880 --> 0:10:17.680 Everyone who's pretty good. I will tell you, thank you 0:10:17.800 --> 0:10:20.400 very much. I appreciate it. You're going to be very 0:10:20.440 --> 0:10:23.720 happy very soon. And you probably see what's happening with 0:10:23.760 --> 0:10:27.120 all of the not only car companies, but car companies 0:10:27.120 --> 0:10:31.199 in particular. Say it, with all of the ones they're moving, 0:10:31.240 --> 0:10:34.480 they're announcing day in day out, you're seeing it. Nobody's 0:10:34.520 --> 0:10:38.199 ever seen anything like that. With today's actions, we're also 0:10:38.280 --> 0:10:41.160 standing up for our great farmers and ranchers who are 0:10:41.440 --> 0:10:43.920 brutalized by nations all over the world. 0:10:44.200 --> 0:10:48.560 Brutalized. Canada, by the. 0:10:48.559 --> 0:10:51.400 Way, imposes a two hundred and fifty to three hundred 0:10:51.760 --> 0:10:54.319 percent tariff on many of our dairy products. 0:10:54.400 --> 0:10:55.319 They do the. 0:10:55.280 --> 0:10:59.120 First, the first can of milk, they do the first 0:10:59.160 --> 0:11:01.560 little carton of milk at at very low price, but 0:11:01.640 --> 0:11:03.640 after that it gets bad and then it gets up 0:11:03.640 --> 0:11:06.600 to two hundred and seventy five three hundred percent. So 0:11:06.640 --> 0:11:09.800 when they're figuring what's Canada charging, they say, oh, about 0:11:09.800 --> 0:11:12.640 two percent three percent. But take a look at what 0:11:12.720 --> 0:11:14.880 happens down the road when you look a little bit, 0:11:15.240 --> 0:11:17.520 it's not a pretty picture. And we don't like it, 0:11:17.559 --> 0:11:19.640 and it's not fair. It's not fair to our farmers, 0:11:19.679 --> 0:11:24.280 it's not fair to our country. And with countries like Canada, 0:11:24.360 --> 0:11:27.280 you know, we subsidize a lot of countries and keep 0:11:27.320 --> 0:11:30.040 them going and keep them in business. In the case 0:11:30.080 --> 0:11:32.600 of Mexico, it's three hundred. 0:11:32.400 --> 0:11:33.600 Billion dollars a year. 0:11:33.640 --> 0:11:35.760 In the case of Canada, it's close to two hundred 0:11:35.840 --> 0:11:38.360 billion dollars a year, and I say, why are we 0:11:38.440 --> 0:11:38.880 doing this? 0:11:39.040 --> 0:11:39.959 Why are we doing this? 0:11:40.000 --> 0:11:42.959 I mean, at what point do we say you got 0:11:43.000 --> 0:11:45.480 to work for yourselves? And you got to This is 0:11:45.520 --> 0:11:47.440 why we have the big deficits. 0:11:47.440 --> 0:11:48.559 This is why we have that. 0:11:49.640 --> 0:11:52.400 Amount of debt that's been placed on our heads over 0:11:52.440 --> 0:11:55.800 the last number of years, and we're really not taking 0:11:55.800 --> 0:11:56.520 it anymore. 0:11:56.880 --> 0:11:58.280 Through non tariff barriers. 0:11:58.320 --> 0:12:01.920 The European Union bands in shorts of most American poultry. 0:12:02.040 --> 0:12:04.520 You understand, they see, we want to. 0:12:04.480 --> 0:12:06.560 Send you our cars, we want to send you everything, 0:12:06.600 --> 0:12:09.320 but we're not going to take anything that you have. 0:12:09.440 --> 0:12:14.120 For Australia bands, and they're wonderful people and wonderful everything, 0:12:14.160 --> 0:12:17.800 but they ban American beef. Yet we imported three billion 0:12:18.200 --> 0:12:20.079 dollars of Australian beef from. 0:12:20.120 --> 0:12:22.680 Rank for stations along the Sean Hannity Show radio network. 0:12:22.679 --> 0:12:25.120 We're going to stay with President Trump at the White 0:12:25.120 --> 0:12:29.839 House announcing Liberation Day and announcing that he is implementing 0:12:29.840 --> 0:12:33.440 as of midnight tonight, reciprocal tariffs twenty five percent tariff 0:12:33.559 --> 0:12:38.040 on automobiles that are foreign. He will protect America's ranchers 0:12:38.240 --> 0:12:42.640 and America's farmers and reciprocal tariffs will be the new 0:12:42.679 --> 0:12:45.280 policy of the United States. Will continue our coverage for 0:12:45.920 --> 0:12:48.680 stations along the Sean Hannity Show network from. 0:12:48.440 --> 0:12:52.160 Fifty percent to five hundred and thirteen percent. In Japan, 0:12:52.960 --> 0:12:56.360 our friend judges a seven hundred percent, but that's because 0:12:56.400 --> 0:13:00.000 they don't want to selling rice another who can blow 0:13:00.040 --> 0:13:03.319 name of them, Madam Secretary Agriculture, Great job you did 0:13:03.320 --> 0:13:03.840 on eggs. 0:13:03.840 --> 0:13:04.840 By the way, the egg. 0:13:04.679 --> 0:13:08.480 Prices came down fifty percent. You got them down fifty 0:13:08.520 --> 0:13:11.600 percent once we got involved. They were going through the sky, 0:13:11.840 --> 0:13:14.200 the egg prices. They were going through the sky, and 0:13:15.080 --> 0:13:17.280 you did a fantastic job. Now we have lots of 0:13:17.320 --> 0:13:20.839 eggs and they're much cheaper, down about fifty nine percent now, 0:13:21.240 --> 0:13:25.880 and they're going down further. We charged two point eight 0:13:25.960 --> 0:13:29.040 percent for so many things that other countries are charging 0:13:29.320 --> 0:13:32.679 two hundred percent, three hundred percent, then four hundred percent 0:13:32.720 --> 0:13:37.840 for If imposing tariffs and protective barriers made nations poor, 0:13:38.040 --> 0:13:41.000 then every country on Earth would be racing to eliminate 0:13:41.080 --> 0:13:44.280 these policies, and China would be the first online. They 0:13:44.440 --> 0:13:49.840 run a very strong country, but they're not first in line. 0:13:49.880 --> 0:13:53.080 And the American people are paying a very big price. 0:13:53.679 --> 0:13:58.719 From seventeen eighty nine to nineteen thirteen, we were a 0:13:58.840 --> 0:14:03.160 tariff back in the United States. Was proportionately the wealthiest 0:14:03.480 --> 0:14:05.600 it has ever been. So wealthy, in fact, that in 0:14:05.679 --> 0:14:10.440 the eighteen eighties they established a commission to decide what 0:14:10.600 --> 0:14:12.079 they were going to do with the. 0:14:12.080 --> 0:14:13.920 Vast sums of money they were collecting. 0:14:13.920 --> 0:14:16.520 We were collecting so much money so fast, we didn't 0:14:16.520 --> 0:14:18.200 know what to do with it. Isn't that a nice 0:14:18.600 --> 0:14:21.239 problem to have? What do you think, Marco? Good problem? 0:14:21.760 --> 0:14:25.760 Marco would love that problem. But we don't have that 0:14:25.880 --> 0:14:28.320 problem anymore. But we're not going to have it very 0:14:28.360 --> 0:14:30.680 much longer, I will tell you. But they collected so 0:14:30.840 --> 0:14:34.600 much money they actually formed a commission to determine. 0:14:34.120 --> 0:14:35.680 What they were going to do with the money, who 0:14:35.720 --> 0:14:37.320 they were going to give it to, and how much. 0:14:37.840 --> 0:14:42.160 Then in nineteen thirteen, for reasons unknown to mankind, they 0:14:42.280 --> 0:14:46.160 established the income tax so that citizens, rather than foreign countries, 0:14:46.200 --> 0:14:49.680 would start paying the money necessary to run our government. 0:14:50.280 --> 0:14:52.840 Then in nineteen twenty nine, it all came to a 0:14:52.920 --> 0:14:56.360 very abrupt end with a great depression, And it would 0:14:56.400 --> 0:14:59.520 have never happened if they had stayed with the tariff policy. 0:14:59.560 --> 0:15:01.120 It would have been a much different story. 0:15:01.160 --> 0:15:05.640 They tried to bring back tariffs to save our country, 0:15:05.680 --> 0:15:06.640 but it was gone. 0:15:07.000 --> 0:15:07.680 It was gone. 0:15:07.760 --> 0:15:10.600 It was too late, nothing could have been done. Took 0:15:10.680 --> 0:15:13.080 years and years to get out of that depression, far 0:15:13.720 --> 0:15:17.640 longer than even FDR had that office right over there 0:15:17.680 --> 0:15:20.600 for a long period of time. The ramp system that's 0:15:20.720 --> 0:15:24.240 rather intricate was built because of him, and every time 0:15:24.440 --> 0:15:25.760 you walk up, you think of him. 0:15:25.760 --> 0:15:28.239 And he did a great job in many ways. 0:15:27.960 --> 0:15:31.040 But it lasted long beyond his terms, as you know. 0:15:31.880 --> 0:15:34.280 But it's not too late and any longer. 0:15:34.320 --> 0:15:37.720 And we're going to start being smart, and we're going 0:15:37.760 --> 0:15:39.840 to start being very wealthy again. We're going to be 0:15:39.880 --> 0:15:42.600 wealthy as a country because they've taken so much of 0:15:42.640 --> 0:15:44.320 our wealth away from us. 0:15:44.320 --> 0:15:46.680 We're not going to let that happen. We truly can 0:15:46.760 --> 0:15:47.600 be very wealthy. 0:15:47.640 --> 0:15:49.880 We can be so much wealthier than any country, it's 0:15:49.960 --> 0:15:50.960 not even believable. 0:15:51.040 --> 0:15:54.720 But we're getting smart. Nearly a century later, in the. 0:15:54.680 --> 0:15:58.200 Face of unrelenting economic warfare, the United States can no 0:15:58.280 --> 0:16:02.880 longer continue with a policy of unilateral economic surrender. 0:16:02.920 --> 0:16:04.400 We cannot pay. 0:16:04.200 --> 0:16:07.440 The deficits of Canada and Mexico and so many other countries. 0:16:07.520 --> 0:16:09.440 We used to do it, we can't do it anymore. 0:16:09.480 --> 0:16:11.640 We take care of countries all over the world. We 0:16:11.680 --> 0:16:15.040 pay for their military, We pay for everything they have 0:16:15.160 --> 0:16:17.480 to pay. And then when you want to cut back 0:16:17.520 --> 0:16:19.600 a little bit, they get upset that you're not taking 0:16:19.640 --> 0:16:21.440 care of them any longer. But we have to take 0:16:21.440 --> 0:16:23.600 care of our people. And we're going to take care 0:16:23.600 --> 0:16:25.800 of our people first. And I'm sorry to say that. 0:16:30.920 --> 0:16:33.960 And today we're standing up for the American worker, and 0:16:34.040 --> 0:16:44.680 we are finally putting America first. In Sleepy Joe Biden's 0:16:44.800 --> 0:16:48.440 last year in office, the United States hemorrhaged one hundred 0:16:48.520 --> 0:16:52.200 thousand manufacturing jobs and the number was going through the 0:16:52.320 --> 0:16:56.160 roof at levels never seen before. And our trade deficit 0:16:56.360 --> 0:17:01.880 reached a record one point two trillion, which is unheard of. 0:17:02.680 --> 0:17:05.880 Since the beginning of NAFA, the worst trade deal ever made. 0:17:05.920 --> 0:17:08.399 It was a horror show. I was able to determine it. 0:17:08.400 --> 0:17:10.600 They all said, you'd never be able to get it out. 0:17:10.840 --> 0:17:14.199 We had to get approval from Congress to get it terminated. 0:17:14.920 --> 0:17:16.920 We had to live with that deal was the worst deal, 0:17:17.040 --> 0:17:20.280 worst trade deal ever made by far. But since the 0:17:20.400 --> 0:17:25.520 very beginning of NAFTA, our country lost ninety thousand factories. 0:17:25.600 --> 0:17:27.439 Think of what that is. Ninety thousand. 0:17:27.880 --> 0:17:30.639 Think about putting a map up and putting texts on. 0:17:30.800 --> 0:17:33.639 You wouldn't have enough room. Ninety thousand, I said, is 0:17:33.640 --> 0:17:36.480 that possible? We had it checked four different times and 0:17:36.520 --> 0:17:39.719 it was actually somewhat higher than that. And five million 0:17:39.800 --> 0:17:44.240 manufacturing jobs were lost while racking up trade deficits of 0:17:44.440 --> 0:17:47.320 nineteen trillion dollars. 0:17:47.359 --> 0:17:49.640 That was the worst trade deal ever made. 0:17:50.280 --> 0:17:53.680 As a result of these gigantic losses, foreign nations now 0:17:53.720 --> 0:17:57.119 owned twenty six trillion dollars more of American assets than 0:17:57.160 --> 0:18:00.960 American Think of this, than the Americans own of their 0:18:01.080 --> 0:18:05.600 own foreign assets or other foreign assets. The United States 0:18:05.600 --> 0:18:09.520 can no longer produce enough antibiotics to treat our sick. 0:18:10.240 --> 0:18:12.439 We have a tremendous problem. We have to go to 0:18:12.520 --> 0:18:15.479 foreign countries to treat our sick. If anything ever happened 0:18:15.480 --> 0:18:17.840 from a war standpoint, we wouldn't be able to do it. 0:18:18.320 --> 0:18:23.600 We import virtually all of our computers, phones, televisions, and electronics. 0:18:23.600 --> 0:18:26.600 We used to dominate the field, and now we import 0:18:26.640 --> 0:18:30.200 it all from different countries. A single shipyard in China 0:18:30.280 --> 0:18:33.800 now produces more ships every year than all of the 0:18:33.840 --> 0:18:37.240 American shipyards combined. Think of that, and it was a 0:18:37.280 --> 0:18:40.000 business that we used to dominate. We used to dominate 0:18:40.080 --> 0:18:43.639 it totally. In short, chronic trade deficits are no longer 0:18:43.680 --> 0:18:48.200 merely an economic problem. They're a national emergency that threatens 0:18:48.200 --> 0:18:49.520 our security. 0:18:49.359 --> 0:18:50.680 And our very way of life. 0:18:50.680 --> 0:18:53.720 It's a very great threat to our country and for 0:18:53.800 --> 0:18:57.800 these reasons. Starting tomorrow, the United States will implement reciprocal 0:18:57.880 --> 0:19:01.960 tariffs on other nations. It's been a long time since 0:19:02.000 --> 0:19:05.359 we even thought of that. We used to think about 0:19:05.359 --> 0:19:08.400 it a lot. We didn't think about it for many decades. 0:19:08.440 --> 0:19:10.200 And you see what's happened. 0:19:10.440 --> 0:19:12.120 For nations that treat us badly. 0:19:12.200 --> 0:19:15.440 We will calculate the combined rate of all their tariffs, 0:19:15.480 --> 0:19:20.120 non monetary barriers, and other forms of cheating. And because 0:19:20.200 --> 0:19:24.359 we are being very kind, we're kind people, very kind. 0:19:25.560 --> 0:19:27.560 You're not so kind when you get ripped off with 0:19:27.680 --> 0:19:32.120 your salaries. My autoworker friends and my teamster friends, and 0:19:32.480 --> 0:19:35.720 all of the unions that typically voted Democrat, they're not 0:19:35.840 --> 0:19:39.439 voting Democrat anymore. Because the worker, whether union or non worker, 0:19:39.720 --> 0:19:41.000 they're for the Republicans. 0:19:41.080 --> 0:19:42.480 Now, that's what happened. 0:19:43.720 --> 0:19:47.480 But we will charge them approximately half of what they are. 0:19:47.200 --> 0:19:51.280 And infestations along the Sean Hannity Show Radio Network, Liberation 0:19:51.400 --> 0:19:54.720 Day being announced at the White House with President Trump. 0:19:54.720 --> 0:19:56.960 We're going to continue our cover through the bottom of 0:19:56.960 --> 0:19:59.600 the hour break bill O'Reilly at the top of the 0:19:59.600 --> 0:20:02.760 next Howard, don't forget tesla or contest tannady dot com. 0:20:02.800 --> 0:20:06.080 Today's ward of the day to register for Today's chance 0:20:06.119 --> 0:20:09.920 to win is Liberation. We'll continue from the White House 0:20:09.920 --> 0:20:10.679 President Trump. 0:20:12.240 --> 0:20:17.000 So if you look at that China first row, China, 0:20:17.480 --> 0:20:22.800 sixty seven percent, that's tariffs charged to the USA, including 0:20:23.400 --> 0:20:27.840 currency manipulation and trade barriers. So sixty seven percent. I 0:20:27.880 --> 0:20:30.120 think you can, for the most part see it. Those 0:20:30.160 --> 0:20:32.480 with good eyes with bad eyes. We didn't want to 0:20:32.480 --> 0:20:33.879 bring the very windy out here. 0:20:33.920 --> 0:20:35.640 We didn't want to bring out the big charge because 0:20:35.680 --> 0:20:37.080 it had no chance of standing. 0:20:38.400 --> 0:20:42.480 Fortunately, we came armed with a little smaller charge, so 0:20:42.680 --> 0:20:45.439 sixty seven percent. So we're going to be charging a 0:20:45.560 --> 0:20:48.280 discounted reciprocal tariff of thirty four percent. 0:20:48.359 --> 0:20:48.720 I think. 0:20:49.160 --> 0:20:51.359 In other words, they charge us, we charge them. We 0:20:51.480 --> 0:20:54.600 charged m les. So how can anybody be upset? They 0:20:54.640 --> 0:20:57.480 will be because we never charge anybody anything but now 0:20:57.480 --> 0:21:02.200 we're going to charge Union. They're very tough, very very 0:21:02.240 --> 0:21:07.440 tough traders. You know, you think of European Union, very friendly. 0:21:07.560 --> 0:21:10.720 They rip us off. It's so sad to see, it's 0:21:10.720 --> 0:21:15.040 so pathetic. Thirty nine percent. We're gonna charge them twenty percent. 0:21:15.080 --> 0:21:19.639 So we charge you can potentially have Vietnam. Great negotiators, 0:21:19.720 --> 0:21:20.399 great people. 0:21:21.040 --> 0:21:23.119 They like me. I like them. The problem is they 0:21:23.240 --> 0:21:24.520 charge us ninety percent. 0:21:24.800 --> 0:21:29.440 We're gonna charge them forty six percent tariff. Taiwan where 0:21:29.480 --> 0:21:33.800 they make they took all of our computer chips and semiconductors. 0:21:33.800 --> 0:21:36.680 We used to be the king, right, we were everything. 0:21:36.720 --> 0:21:37.480 We had all of it. 0:21:38.040 --> 0:21:39.320 Now we have almost none of it. 0:21:39.359 --> 0:21:41.639 Except the biggest company is coming in they're gonna have 0:21:41.680 --> 0:21:44.280 We're gonna end up with almost forty percent. Lee Zelden's 0:21:44.320 --> 0:21:48.080 working to get their approvals and it's an amazing company, 0:21:48.119 --> 0:21:51.399 mister way of one of the great companies of the world. 0:21:51.440 --> 0:21:53.439 Actually, they're coming in from Taiwan and. 0:21:53.440 --> 0:21:55.560 They're going to build one of the biggest plants in 0:21:55.600 --> 0:21:59.040 the world, maybe the biggest for that, but sixty four percent, 0:21:59.080 --> 0:22:02.840 we're going to charge them thirty two percent. Japan very 0:22:02.960 --> 0:22:06.800 very tough, great people and again, I don't blame the 0:22:06.840 --> 0:22:08.040 people for doing it. 0:22:08.040 --> 0:22:09.679 It's I think they're very smart in to it. 0:22:09.720 --> 0:22:12.080 I blame the people that sat right in that Oval office, 0:22:12.160 --> 0:22:14.240 right over there, right behind. 0:22:13.960 --> 0:22:16.320 The resolute desk, whichever deak they chose. 0:22:17.920 --> 0:22:21.280 Japan forty six percent, they would charge us forty six percent, 0:22:21.560 --> 0:22:24.600