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Speaker 1: We'll look at that, folks, Look at that. That is Washington, DC.

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Speaker 1: Not only that, that is the White House. Not only that.

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Speaker 1: Even further that is the one and only Rose Garden.

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Speaker 1: And over the backside of that shot, you can see

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Speaker 1: that's the Oval Office at the backside of the shot.

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Speaker 1: And there's a it's called the Colonnade that runs kind.

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Speaker 2: Of vertic like an L shape. So there's the.

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Speaker 1: Oval Office and then the Colonnade runs and it connects

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Speaker 1: the White House to the Oval Office. The West Wing

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Speaker 1: is on the other side of the Oval Office right there.

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Speaker 2: Amazing.

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Speaker 1: Welcome back, Happy Wednesday, Happy Liberation Day. President Trump will

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Speaker 1: be heading to the Rose Garden very soon to give

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Speaker 1: his Liberation Day announcement focusing on his tariff plan. The

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Speaker 1: Cabinet in full will be present as he announces the

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Speaker 1: plan that will remove the unfair trade practices quoting here

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Speaker 1: that have been ripping off our country for decades. As

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Speaker 1: White House Press Secretary of Caroline Levitt said yesterday, joined

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Speaker 1: me for this event is the one and only Motor

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Speaker 1: City mad Man miter Ted Nugent. Also joining me our

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Speaker 1: rev Chief White House Correspondent Brian Glenn, who is at

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Speaker 1: the rose Garden and would be giving us some live updates.

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Speaker 1: I'd like to bring both in if we could. Ted,

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Speaker 1: really good to have your quick thought on Liberation Day

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Speaker 1: as we get Brian up but Ted go ahead, my friend.

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Speaker 3: Well, welcome to the rest of the world to what

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Speaker 3: the nugent faumily celebrates everyday.

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Speaker 2: Liberation Day.

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Speaker 3: We got this self evident truth, logic and common sense

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Speaker 3: thing going on. So we celebrate God, family, country, constitution,

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Speaker 3: build a rice tend commandments, goal, a real declaration of independence, work, ethic, law,

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Speaker 3: and orner. I'm such a radical, so welcome aboard the

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Speaker 3: rest of the world because we have a real commander

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Speaker 3: achieved that represents all the best of the best. And

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Speaker 3: Brian and Eric, so do you God bless truth, logic

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Speaker 3: and common sense hell raisers, That's what the Founding Fathers want.

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Speaker 3: Take a good look at the guitar player. This is

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Speaker 3: exactly what the Founding Fathers wanted every American to be.

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Speaker 3: To drive bureaucrats batty with constitution accountability. How am I

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Speaker 3: doing Liberation Day?

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Speaker 1: You are liberating all of us, Tednession, Brian Glenn, give

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Speaker 1: us a set the scene for us, my friend, I

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Speaker 1: mean it looks really exciting.

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Speaker 2: The cabinets there, what else, what else you got going on?

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Speaker 4: Well, it's actually got a lot of action behind me,

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Speaker 4: Congressional members. You've got the cabinet as well, and of

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Speaker 4: course you've laid it out beautifully as far as the

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Speaker 4: backdrop of the Oval office and the calling in here,

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Speaker 4: the connection to the actual White House from the West wing.

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Speaker 4: But so much anticipation, and I do like the timing

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Speaker 4: of today's event is after the close of the bell basically,

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Speaker 4: so we get to see kind of that we knew

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Speaker 4: the build up to this would be on the downside,

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Speaker 4: and which ironically, if you go to any major website

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Speaker 4: right now, news site, it's doom and gloom, like this

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Speaker 4: could be the worst day in American history. But not

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Speaker 4: to President Trump, and what he would say is liberation

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Speaker 4: day here of really kind of getting our fair share

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Speaker 4: and getting things back to an even level playing film.

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Speaker 5: And it comes to trade.

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Speaker 1: You know, I think, Brian, you hit on something very

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Speaker 1: important and the reason why I'm looking down on my phone.

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Speaker 2: A couple of things happened this morning early.

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Speaker 1: The market was down, is down like four hundred points

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Speaker 1: this morning, and you're all over c NBC, which is

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Speaker 1: highlighted by the NBC part who are no Trump lovers.

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Speaker 1: They were taking their little pat in the back saying, oh,

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Speaker 1: the tariffs are going to be so bad. Tesla was

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Speaker 1: down twelve thirteen dollars a share. As a Tesla owner stockholder,

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Speaker 1: I was upset about that.

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Speaker 2: Then they were.

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Speaker 1: Talking that way, and sure enough, sure is hell not

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Speaker 1: freezing over. Things turned around noon or so it started

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Speaker 1: to move up, move up, And I'm looking down right now, Brian.

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Speaker 1: The market ended two hundred and thirty five points higher.

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Speaker 1: And guess what, Tesla ended fourteen dollars higher on the

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Speaker 1: day from being fifteen lower on the day. So this

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Speaker 1: whole doom and gloom that you point out, Brian, is

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Speaker 1: being celebrated by the leftist nut jobs. Ted nugent Tim

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Speaker 1: Walls was cheering for the demise of an American company

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Speaker 1: named Tesla.

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Speaker 2: How about that being unpatriotic?

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Speaker 3: Well, you know, once again, I'm going to repeat the obvious.

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Speaker 3: So I never went to college as too busy learning stuff.

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Speaker 3: And when I toured with the amboy Dukes to make

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Speaker 3: sure that we didn't spend more than we made because

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Speaker 3: we had to get new guitar strings, we had to

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Speaker 3: get gas to get to the next gig. So there's pragmatic, utilitarian,

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Speaker 3: truth logic and common sense mantra that is live and

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Speaker 3: well in the families that are in the asset column.

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Speaker 3: What we're coming around here, To take it from the

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Speaker 3: guitar player, this is over and a long overdue correction.

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Speaker 3: The whole economy has been artificial. The stock market has been,

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Speaker 3: for the most part artificial. It's one big stroke. I'm

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Speaker 3: not going to reference what we're stroking or how we're stroking,

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Speaker 3: but it's one big lie. Now we're coming back to reality.

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Speaker 3: The government, the CIA, the deep state, certainly Joe wird O'biden.

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Speaker 3: It was a horrendous toxic toilet flush of the American

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Speaker 3: dream and meritocracy being the best that you could be,

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Speaker 3: a positive environment for entrepreneurs. And Donald Trump is getting

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Speaker 3: rid of those toxic conditions and so it's going to

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Speaker 3: be a little bit of painful while we finally get

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Speaker 3: the rest of the world to pay their fair share.

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Speaker 3: What kind of nutcase would think that our tariffs should

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Speaker 3: be less than the rest of the world's tariffs on us.

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Speaker 3: It's coming back to reality now. So I'm celebrating this.

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Speaker 3: It's going to correct itself. And we are a great

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Speaker 3: nation of producers and entrepreneurs and risk takers. So this

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Speaker 3: is going to be a hallo of your time. This

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Speaker 3: really is liberation.

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Speaker 5: Day, Brian.

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Speaker 1: So this whole tariff thing is something Trump tried in

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Speaker 1: his first go around. He actually raised some tariffs on

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Speaker 1: China and others. It wasn't as full throated as it

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Speaker 1: is right now.

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Speaker 2: It was literally, hang on, we'll hold.

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Speaker 4: Hang on, Eric, I think we might have the president

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Speaker 4: walking out right now.

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Speaker 5: Stand by, lad.

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Speaker 6: It's okay, Thank you very much.

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Speaker 7: Thank you, nice crowd. What a good looking group of people. Well,

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Speaker 7: we have some very very good news today and a

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Speaker 7: lot of good things are happening for our country. Please

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Speaker 7: sit down, my fellow Americans. This is liberation Day waiting

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Speaker 7: for a long time. April second, twenty twenty five will

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Speaker 7: forever be remembered as the day American industry was reborn,

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Speaker 7: the day America's destiny was reclaimed, and the day that

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Speaker 7: we began to.

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Speaker 5: Make America wealthy again, going to make it wealthy, good,

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Speaker 5: and wealthy.

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Speaker 7: For decades, our country has been looted, pillage, raped, and

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Speaker 7: plundered by nations near and far, both friend and foe

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Speaker 7: alike American steel workers, auto workers, farmers, and skilled craftsmen.

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Speaker 7: We have a lot of them here with us today.

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Speaker 7: They really suffered gravely. They watched in anguish as foreign

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Speaker 7: leaders have stolen our jobs, Foreign cheaters have ransacked our factories,

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Speaker 7: and foreign scavengers have torn apart our once beautiful American dream.

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Speaker 7: We had an American dream that you don't hear so

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Speaker 7: much about. You did four years ago, and you are now,

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Speaker 7: But you know too often, and for many years and

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Speaker 7: decades even you didn't hear too much about. Our country

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Speaker 7: and its taxpayers have been ripped off for more than

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Speaker 7: fifty years. But it is not going to happen anymore.

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Speaker 7: It's not going to happen. In a few moments, I

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Speaker 7: will sign a historic executive order instituting reciprocal tariffs on

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Speaker 7: countries throughout the world. Reciprocal. That means they do it

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Speaker 7: to us and we do it to them.

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Speaker 5: Very simple. Can't get any simpler than that.

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Speaker 7: This is one of the most important days, in my opinion,

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Speaker 7: in American history. It's our declaration of economic independence. For years,

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Speaker 7: hard working American citizens were forced to sit on the

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Speaker 7: sidelines as other nations got rich and powerful, much of

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Speaker 7: it at our expense. But now it's our turn to

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Speaker 7: prosper and in so doing, use trillions and trillions of

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Speaker 7: dollars to reduce our taxes and pay down our national debt.

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Speaker 7: And it'll all happen very quickly. With today's action, we

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Speaker 7: are finally going to be able to make America great again,

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Speaker 7: greater than ever before. Jobs and factories will come roaring

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Speaker 7: back into our country, and you see it happening already.

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Speaker 7: We will supercharge our domestic industrial base. We will probably

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Speaker 7: open foreign markets and break down foreign trade barriers, and

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Speaker 7: ultimately more production at home will mean stronger competition and

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Speaker 7: lower prices for consumers. This will be indeed the golden

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Speaker 7: Age of America.

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Speaker 5: It's coming back. We're going to come back very strongly.

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Speaker 7: We're pleased to be joined on this momentous accarey by

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Speaker 7: Vice President JD Vance At JD.

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Speaker 5: Thank you, thank you, Thank you veryone. Are you JD?

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Speaker 5: It's that wasn't too hard to find. I was looking.

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Speaker 5: You know.

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Speaker 7: He likes to take a low key attitude and usually

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Speaker 7: be sit right in front.

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Speaker 5: He's gaining a lot of confidence.

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Speaker 7: Mike is, and nearly my entire cabinet is here as

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Speaker 7: well as Speaker Mike Johnson.

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Speaker 5: Has done an amazing job.

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Speaker 7: And with the great success we had last night in Florida,

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Speaker 7: we have a majority of seven, and seven's like a

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Speaker 7: lot when we had.

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Speaker 5: It at one.

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Speaker 7: Right, You've done a fantastic job, and many of the

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Speaker 7: members of the House and Senator with us. Senators, Congressman,

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Speaker 7: thank you all for being with us. We appreciate it.

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Speaker 7: For decades, the United States slash our trade barriers or

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Speaker 7: other countries while those nations placed massive tariff so our

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Speaker 7: products and created outrageous non monetary barriers to decimate our industries.

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Speaker 7: And in many cases the non monetary barriers were worse

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Speaker 7: than the monetary ones. They manipulated their currencies, subsidized their exports,

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Speaker 7: stole our intellectual property, imposed exorbitant vat taxes to disadvantage

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Speaker 7: our products, adopted unfair rules and technical standards, and created

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Speaker 7: filthy pollution havens. They were absolutely filthy, but they always

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Speaker 7: came to us and they said, we're violating, we should

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Speaker 7: pay for it. It's all detailed in a very big

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Speaker 7: report by the US Trade Representative on foreign trade barriers,

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Speaker 7: and I'll just hold it up for you. It's available,

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Speaker 7: and you don't have to pay too much, as I

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Speaker 7: understand it, you'll pay nothing. It's a lot of work,

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Speaker 7: a lot of work for something actually, because it's a

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Speaker 7: special it's a special book. It's very frankly, it's very

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Speaker 7: upsetting when you read it, when you see what people

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Speaker 7: have been doing to us for thirty years. This all

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Speaker 7: happened with no response from the United States of America,

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Speaker 7: none whatsoever.

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Speaker 5: But those days are over.

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Speaker 7: Let me offer just a few examples of the vicious

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Speaker 7: attacks workers have faced for so many years. The United

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Speaker 7: States charges other countries only a two point four tariff

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Speaker 7: on motorcycles. Meanwhile, Thailand and others are charging much higher prices,

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Speaker 7: like sixty percent. India charges seventy percent, Vietnam charges seventy

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Speaker 7: five percent, and others are even higher than that. Likewise,

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Speaker 7: until today, the United States has for decades charged a

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Speaker 7: two point five tariff. Think of that two point five

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Speaker 7: percent on foreign made automobiles. The European Union charges US

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Speaker 7: more than ten percent tariffs, and they have twenty percent

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Speaker 7: vats much much higher. India charge is seventy percent, and

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Speaker 7: perhaps worst of all of the non monetary restrictions imposed

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Speaker 7: by South Korea, Japan and very many other nations. As

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Speaker 7: a result of these colossal trade barriers, Eighty one percent

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Speaker 7: of the cars in South care are made in South Korea.

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Speaker 7: Ninety four percent of the cars in Japan are made

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Speaker 7: in Japan. Toyota sells one million foreign made automobiles into

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Speaker 7: the United States, and general motor cells almost none.

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Speaker 5: Ford sells very little.

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Speaker 7: None of our companies are allowed to go into other countries.

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Speaker 7: And I say that friend and foe, and in many

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Speaker 7: cases the friend is worse than the foe in terms

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Speaker 7: of trade. But such horrendous imbalances have devastated our industrial

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Speaker 7: base and put our national security at risk.

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Speaker 5: I don't blame these other countries at all for this calamity.

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Speaker 7: I blame former presidents and past leaders who weren't doing

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Speaker 7: their job. They let it happen, and they let it

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Speaker 7: happen to an extent that nobody can even believe. That's why,

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Speaker 7: effective at midnight, we will impose a twenty five percent

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Speaker 7: tariff for Noll far and made automobiles.

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Speaker 5: Thank you, Brian, I'd like to have you come up

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Speaker 5: here for a second. Okay.

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Speaker 7: I just see him saying he's been a fan of ours,

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Speaker 7: and he understands this business a lot better than the economists,

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Speaker 7: a lot better than anybody. Brian say a few words. Please,

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Speaker 7: would you, thank you, thank you. It's great honor to

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Speaker 7: have you.

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Speaker 5: Thanks, thank you, mister president.

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Speaker 8: I grew up just north of Detroit, Michigan and McComb County,

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Speaker 8: known as the home of the Reagan Democrats. My first

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Speaker 8: vote for president was for Ronald Reagan. I thought that

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Speaker 8: was going to be the best president ever saw in

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Speaker 8: my lifetime until Donald J.

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Speaker 5: Trump came along.

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Speaker 8: I have watched my entire life, I have watched plant

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Speaker 8: after plant after plant in Detroit and in the metro

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Speaker 8: Detroit area close. There are now plants sitting idle. There

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Speaker 8: are now plants that are underutilized. And Donald Trump's policies

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Speaker 8: are going to bring product back into those underutilized plants.

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Speaker 8: There's gonna be new investment, there's gonna be new plants built.

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Speaker 5: And the UAW members.

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Speaker 8: And I brought twenty of them with me, they're sitting

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Speaker 8: right over here. We support Donald Trump's policies on tariffs

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Speaker 8: one hundred percent. So, mister President, we can't thank you enough.

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Speaker 8: And in six months or a year, we're going to

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Speaker 8: begin to see the benefits. I can't wait to see

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Speaker 8: what's happening three or four years down the road.

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Speaker 5: Thank you, mister President so much. Fact whatt a Greg

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Speaker 5: he got it right from the beginning.

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Speaker 7: He got it before almost anybody else's group over there,

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Speaker 7: they got it too. And you know, we won the

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Speaker 7: state of Michigan. We won almost all of them, but

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Speaker 7: we won Michigan by a lot.

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Speaker 5: And I want to just thank you.

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Speaker 7: All the auto workers were fantastic, the teamsters were fantastic.

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Speaker 7: Everyone who is pretty good, I will tell you, thank

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Speaker 7: you very much. I appreciate it. You're going to be

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Speaker 7: very happy very soon. And you probably see what's happening

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Speaker 7: with all of the not only car companies, but car

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Speaker 7: companies in particular. You see it with all of the

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Speaker 7: ones they're moving, they're announcing day in day out.

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Speaker 5: You're seeing it.

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Speaker 7: Nobody's ever seen anything like that. With today's actions, we're

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Speaker 7: also standing up for our great farmers and ranchers who

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Speaker 7: are brutalized by nations.

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Speaker 5: All over the world.

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Speaker 7: Brutalized Canada, by the way, imposes a two hundred and

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Speaker 7: fifty to three hundred percent tariff on many of our

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Speaker 7: dairy products. They do the first the first can of milk,

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Speaker 7: they do the first little carton of milk at at

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Speaker 7: very low price, but after that it gets bad and

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Speaker 7: then it gets up to two hundred and seventy five

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Speaker 7: three hundred percent. So when they're figuring what's Canada charging,

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Speaker 7: they say, oh, about two percent, three percent. But take

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Speaker 7: a look at what happens down the road when you

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Speaker 7: look a little bit, it's not a pretty picture.

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Speaker 5: And we don't like it, and it's not fair.

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Speaker 7: It's not fair to our farmers, it's not fair to

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Speaker 7: our country. And with countries like Canada, you know, we

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Speaker 7: subsidize a lot of countries.

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Speaker 5: And keep them going and keep them in business.

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Speaker 7: In the case of Mexico, it's three hundred billion dollars

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Speaker 7: a year. In the case of Canada, it's close to

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Speaker 7: two hundred billion dollars a year. And they say, why

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Speaker 7: are we doing this? Why are we doing this? I mean,

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Speaker 7: at what point do we say you got to work

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Speaker 7: for yourselves, and you got to This is why we

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Speaker 7: have the big deficits, this is why we have that

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Speaker 7: amount of debt that's been placed on our heads over

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Speaker 7: the last number of years, and we're really not taking

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Speaker 7: it anymore.

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Speaker 5: Through non tariff barriers.

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Speaker 7: The European Union bands imports of most American poultry.

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Speaker 5: You understand, they say.

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Speaker 7: We want to send you our cars, we want to

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Speaker 7: send you everything, but we're not going to take anything

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Speaker 7: that you have. Australia bands and they're wonderful people, wonderful everything,

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Speaker 7: but they ban American beef. Yet we imported three billion

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Speaker 7: dollars of Australian beef from them just last year alone.

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Speaker 5: They won't take any of our beef.

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Speaker 7: They don't want it because they don't want it to

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Speaker 7: affect their farmers. And you know what, I don't blame them,

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Speaker 7: but we're doing the same thing right now, starting about

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Speaker 7: midnight tonight, I would say. And China charges American rice

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Speaker 7: farmers and over quota. It's called a tariff rate of

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Speaker 7: sixty five percent. South Korea charges fifty Actually they charged

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Speaker 7: different from fifty percent to five hundred and thirteen percent.

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Speaker 7: In Japan, our friend charges a seven hundred percent, but

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Speaker 7: that's because they don't want to selling rice another Who

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Speaker 7: can blame them, Madam Secretary Agriculture, Great job you.

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Speaker 5: Did on eggs.

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Speaker 7: By the way, the egg prices came down fifty percent.

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Speaker 7: You got them down fifty percent. Once we got involved.

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Speaker 7: They were going through the sky. The egg says, they

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Speaker 7: were going through the sky, and you did a fantastic job.

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Speaker 7: Now we have lots of eggs and they're much cheaper,

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Speaker 7: down about fifty nine percent now, and they're going down further.

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Speaker 7: We charged two point eight percent for so many things

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Speaker 7: that other countries are charging two hundred percent, three hundred percent,

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Speaker 7: then four hundred percent for If imposing tariffs and protective

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Speaker 7: barriers made nations poor, then every country on Earth would

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Speaker 7: be racing to eliminate these policies. In China would be

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Speaker 7: the first online. They've run a very strong country, but

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Speaker 7: they're not first in line, and the American people are

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Speaker 7: paying a very big price.

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Speaker 5: From seventeen eighty.

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Speaker 7: Nine to nineteen thirteen, we were a tariff back nation.

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Speaker 7: In the United States was proportionately the wealthiest it has

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Speaker 7: ever been.

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Speaker 5: So wealthy, in fact, that in.

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Speaker 7: The eighteen eighties they established a commission to decide what

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Speaker 7: they were going to do with the vast of money

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Speaker 7: they were collecting. We were collecting so much money so fast,

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Speaker 7: we didn't know what to do with it. Isn't that

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Speaker 7: a nice problem to have? What do you think, Marco

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Speaker 7: good problem. Marco would love that problem. But we don't

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Speaker 7: have that problem anymore. But we're not going to have

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Speaker 7: it very much longer, I will tell you. But they

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Speaker 7: collected so much money they actually formed a commission to

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Speaker 7: determine what they were going to do with the money,

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Speaker 7: who they were going to give it to, and how much.

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Speaker 7: Then in nineteen thirteen, for reasons unknown to mankind, they

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Speaker 7: established the income tax so that citizens, rather than foreign countries,

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Speaker 7: would start paying the money necessary to run our government.

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Speaker 7: Then in nineteen twenty nine, it all came to a

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Speaker 7: very abrupt end with a great depression, and it would

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Speaker 7: have never happened if they had stayed with the tariff policy,

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Speaker 7: it would have been a much different story. They tried

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Speaker 7: to bring back tariffs to save our.

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Speaker 5: Country, but it was gone. It was gone.

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Speaker 7: It was too late, nothing could have been done. Took

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Speaker 7: years and years to get out of that, and far

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Speaker 7: longer than even FDR had that office right over there

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Speaker 7: for a long period of time. The ramp system, it's

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Speaker 7: rather intricate, was built because of him, and every time

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Speaker 7: you walk up you think of him, and he did

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Speaker 7: a great job in many ways, but it lasted long

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Speaker 7: beyond his terms, as you know.

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Speaker 5: But it's not too late any longer.

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Speaker 7: And we're going to start being smart, and we're going

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Speaker 7: to start being very wealthy again. We're going to be

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Speaker 7: wealthy as a country. Because they've taken so much of

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Speaker 7: our wealth away from us. We're not going to let

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Speaker 7: that happen.

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Speaker 5: We truly can be very wealthy.

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Speaker 7: We can be so much wealthier than any country, it's

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Speaker 7: not even believable.

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Speaker 5: But we're getting smart.

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Speaker 7: Nearly a century later, in the face of unrelenting economic warfare,

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Speaker 7: the United States can no longer continue with a policy

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Speaker 7: of unilateral economics surrender.

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Speaker 5: We cannot pay.

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Speaker 7: The deficits of Canada and Mexico and so many other countries.

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Speaker 7: We used to do it, we can't do it anymore.

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Speaker 7: We take care of countries all over the world. We

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Speaker 7: pay for the military, Harry, We pay for everything they.

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Speaker 5: Have to pay.

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Speaker 7: And then when you want to cut back a little bit,

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Speaker 7: they get upset that you're not taking care of them

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Speaker 7: any longer. But we have to take care of our people,

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Speaker 7: and we're going to take care of our people first.

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Speaker 5: And I'm sorry to say that.

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Speaker 7: And today we're standing up for the American worker, and

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Speaker 7: we are finally putting America first.

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Speaker 5: In Sleepy Joe Biden's last year.

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Speaker 7: In office, the United States hemorrhaged one hundred thousand manufacturing

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Speaker 7: jobs and the number was going through the roof at

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Speaker 7: levels never seen before, and our trade deficit reached a

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Speaker 7: record one point two trillion dollars, which is unheard of.

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Speaker 7: Since the beginning of NAFTA, the worst trade deal ever made.

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Speaker 7: It was a horror show. I was able to determine it.

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Speaker 7: They all said, you'd never be able.

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Speaker 5: To get it out. We had to get approval from

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Speaker 5: cong to get it terminated. We had to live with that.

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Speaker 7: Deal was a worst deal, worst trade deal ever made

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Speaker 7: by far. But since the very beginning of NAFTA, our

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Speaker 7: country lost ninety thousand factories.

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Speaker 5: Think of what that is, ninety thousand.

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Speaker 7: Think about putting a map up and putting tax on it.

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Speaker 7: You wouldn't have enough room. Ninety thousand, I said, is

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Speaker 7: that possible. We had it checked four different times and

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Speaker 7: it was actually somewhat higher than that, and five million

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Speaker 7: manufacturing jobs were lost while racking up trade deficits of

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Speaker 7: nineteen trillion dollars. That was the worst trade deal ever made.

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Speaker 7: As a result of these gigantic losses. Foreign nations now

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Speaker 7: own twenty six trillion dollars more of American assets than

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Speaker 7: American Think of this, than the Americans own of their

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Speaker 7: own foreign assets or other foreign assets. The United States

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Speaker 7: can no longer produce enough antibiotics to treat our sick.

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Speaker 7: We have a tremendous problem. We have to go to

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Speaker 7: foreign countries to treat our sick. If anything ever happened

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Speaker 7: from a war standpoint, we wouldn't be able to do it.

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Speaker 7: We import virtually all of our computers, phones, televisions, and electronics.

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Speaker 7: We used to dominate the field, and now we import

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Speaker 7: it all from different countries. A single shipyard in China

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Speaker 7: now produces more ships every year than all of the

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Speaker 7: American shipyards combined. Think of that, and it was a

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Speaker 7: business that we used to dominate. We used to dominate

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Speaker 7: it totally. In short, chronic trade deficits are no longer

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Speaker 7: merely an economic problem. They're a national emergency that threatens

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Speaker 7: our security and our very way of life. It's a

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Speaker 7: very great threat to our country and for these reasons.

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Speaker 7: Starting tomorrow, the United States will implement reciprocal tariffs on

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Speaker 7: other nations.

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Speaker 5: It's been a long time since we.

440
00:25:50,560 --> 00:25:52,960
Speaker 7: Even thought of that. We used to think about it

441
00:25:53,000 --> 00:25:55,920
Speaker 7: a lot. We didn't think about it for many decades.

442
00:25:55,960 --> 00:25:59,600
Speaker 7: And you see what's happened for nations that treat us badly.

443
00:25:59,680 --> 00:26:02,960
Speaker 7: We will calculate the combined rate of all their tariffs,

444
00:26:03,000 --> 00:26:06,320
Speaker 7: non monetary barriers, and other forms of cheating.

445
00:26:07,000 --> 00:26:10,560
Speaker 5: And because we are being very kind, we're kind people,

446
00:26:11,280 --> 00:26:11,879
Speaker 5: very kind.

447
00:26:13,080 --> 00:26:15,080
Speaker 7: You're not so kind when you get ripped off with

448
00:26:15,240 --> 00:26:19,640
Speaker 7: your salaries. My autoworker friends and my teamster friends, and

449
00:26:20,000 --> 00:26:23,240
Speaker 7: all of the unions that typically voted Democrat, they're not

450
00:26:23,359 --> 00:26:26,959
Speaker 7: voting Democrat anymore because worker, whether union or non worker,

451
00:26:27,240 --> 00:26:31,480
Speaker 7: they're for the Republicans. Now, that's what happened. But we

452
00:26:31,520 --> 00:26:34,840
Speaker 7: will charge them approximately half of what they are and

453
00:26:35,240 --> 00:26:39,879
Speaker 7: have been charging us, so the tariffs will be not

454
00:26:40,280 --> 00:26:43,919
Speaker 7: a full reciprocal I could have done that, yes, but

455
00:26:44,000 --> 00:26:46,159
Speaker 7: it would have been tough for a lot of countries.

456
00:26:46,240 --> 00:26:47,840
Speaker 7: We didn't want to do that. I'd like to see

457
00:26:47,880 --> 00:26:50,960
Speaker 7: the chart. If you have it, could you bring it up, Howard.

458
00:26:51,760 --> 00:26:56,400
Speaker 7: This is our great Secretary of Commerce, Howard Lutnick.

459
00:26:57,240 --> 00:26:58,040
Speaker 5: Thanks.

460
00:27:00,840 --> 00:27:05,400
Speaker 7: If you look at that China first row, China sixty

461
00:27:05,440 --> 00:27:11,400
Speaker 7: seven percent, that's tariff charged to the USA, including currency

462
00:27:11,440 --> 00:27:15,560
Speaker 7: manipulation and trade barriers. So sixty seven percent. I think

463
00:27:15,600 --> 00:27:17,760
Speaker 7: you can, for the most part see it. Those with

464
00:27:17,840 --> 00:27:20,240
Speaker 7: good eyes with bad eyes. We didn't want to bring

465
00:27:20,280 --> 00:27:21,960
Speaker 7: the it's very windy out here. We didn't want to

466
00:27:21,960 --> 00:27:23,960
Speaker 7: bring out the big charts because it had no chance

467
00:27:24,000 --> 00:27:28,680
Speaker 7: of standing. Fortunately, we came armed with a little smaller chart.

468
00:27:29,880 --> 00:27:32,480
Speaker 7: So sixty seven percent. So we're going to be charging

469
00:27:32,880 --> 00:27:36,240
Speaker 7: a discounted reciprocal tariff of thirty four percent. I think,

470
00:27:36,680 --> 00:27:38,879
Speaker 7: in other words, they charge us, we charge them, we

471
00:27:38,960 --> 00:27:42,120
Speaker 7: charge them less. So how can anybody be upset? They

472
00:27:42,160 --> 00:27:45,000
Speaker 7: will be because we never charge anybody anything. But now

473
00:27:45,000 --> 00:27:49,440
Speaker 7: we're going to charge European Union. They're very tough, very

474
00:27:49,520 --> 00:27:54,240
Speaker 7: very tough traders. You know, you think of European Union,

475
00:27:54,359 --> 00:27:54,960
Speaker 7: very friendly.

476
00:27:55,080 --> 00:27:57,520
Speaker 5: They rip us off. It's so sad to see.

477
00:27:58,000 --> 00:28:02,560
Speaker 7: It's so pathetic. Nine percent. We're gonna charge them twenty percent,

478
00:28:02,600 --> 00:28:07,159
Speaker 7: So we charge you them. Potentially have Vietnam, great negotiators,

479
00:28:07,240 --> 00:28:07,919
Speaker 7: great people.

480
00:28:08,560 --> 00:28:09,760
Speaker 5: They like me. I like them.

481
00:28:09,800 --> 00:28:12,720
Speaker 7: The problem is they charge us ninety percent. We're gonna

482
00:28:12,800 --> 00:28:17,360
Speaker 7: charge them forty six percent tariff. Taiwan where they make

483
00:28:17,560 --> 00:28:21,399
Speaker 7: they took all of our computer chips and semiconductors. We

484
00:28:21,520 --> 00:28:24,320
Speaker 7: used to be the king, right, we were everything. We

485
00:28:24,359 --> 00:28:26,800
Speaker 7: had all of it. Now we have almost none of it.

486
00:28:26,880 --> 00:28:29,159
Speaker 7: Except the biggest company is coming in they're gonna have

487
00:28:29,160 --> 00:28:31,359
Speaker 7: We're gonna end up with almost forty percent. Lee Z

488
00:28:31,400 --> 00:28:35,560
Speaker 7: Elden's working to get their approvals and it's an amazing company,

489
00:28:35,600 --> 00:28:39,280
Speaker 7: mister way of one of the great companies of the world. Actually,

490
00:28:39,360 --> 00:28:42,040
Speaker 7: they're coming in from Taiwan and they're gonna build one

491
00:28:42,080 --> 00:28:44,320
Speaker 7: of the biggest plants in the world, maybe the biggest

492
00:28:44,360 --> 00:28:47,240
Speaker 7: for that, but sixty four percent, we're going to charge

493
00:28:47,280 --> 00:28:52,479
Speaker 7: them thirty two percent. Japan very very tough, great people,

494
00:28:53,240 --> 00:28:55,520
Speaker 7: and again I don't blame the people for doing it.

495
00:28:55,520 --> 00:28:57,280
Speaker 7: It's I think they're very smart in to it. I

496
00:28:57,320 --> 00:28:59,600
Speaker 7: blame the people that sat right in that Oval office

497
00:28:59,640 --> 00:29:02,800
Speaker 7: right over there, right behind the resolute desk of whichever

498
00:29:03,000 --> 00:29:03,840
Speaker 7: death they chose.

499
00:29:05,440 --> 00:29:09,240
Speaker 5: Japan forty six percent. They would charge us forty six percent, and.

500
00:29:09,280 --> 00:29:12,400
Speaker 7: Much higher for certain items like cars, you know, little

501
00:29:12,440 --> 00:29:16,040
Speaker 7: items like cars, forty six percent. We're charging him twenty

502
00:29:16,080 --> 00:29:20,640
Speaker 7: four percent. India very very tough, very very tough. The

503
00:29:21,320 --> 00:29:24,360
Speaker 7: Prime Minister just left and he's a great friend of mine.

504
00:29:24,360 --> 00:29:26,920
Speaker 7: But I said, you're a friend of mine, but you're

505
00:29:26,920 --> 00:29:29,920
Speaker 7: not treating us right. They charged us fifty two percent.

506
00:29:30,080 --> 00:29:32,080
Speaker 7: You have to understand, we charge them almost nothing for

507
00:29:32,160 --> 00:29:36,640
Speaker 7: years and years and decades. And it was only seven

508
00:29:36,720 --> 00:29:40,080
Speaker 7: years ago when I came in. We started with China

509
00:29:40,240 --> 00:29:43,200
Speaker 7: charged it. We took in hundreds of billions of dollars

510
00:29:43,200 --> 00:29:49,760
Speaker 7: from China in tariffs, and they understood. Honestly, Presidency understood.

511
00:29:49,760 --> 00:29:52,200
Speaker 7: He said, look, I understand, and the other countries and

512
00:29:52,200 --> 00:29:54,640
Speaker 7: they all understand. We're gonna have to go through a

513
00:29:54,640 --> 00:29:58,000
Speaker 7: little tough love maybe, but they all understand they're ripping

514
00:29:58,080 --> 00:30:02,520
Speaker 7: us off, and they understood it. Prime Minister of Japan,

515
00:30:03,520 --> 00:30:06,280
Speaker 7: Shinzo was Shinzo Abbi.

516
00:30:06,640 --> 00:30:08,160
Speaker 5: He was a fantastic man.

517
00:30:08,280 --> 00:30:13,080
Speaker 7: He was unfortunately taken from US assassination. But I went

518
00:30:13,120 --> 00:30:15,959
Speaker 7: to him and I said, Shinzo, we have to do

519
00:30:16,040 --> 00:30:17,720
Speaker 7: something at trade is not fair.

520
00:30:18,560 --> 00:30:21,120
Speaker 5: He said, I know that. I know that, and he

521
00:30:21,240 --> 00:30:22,200
Speaker 5: was a great gentleman.

522
00:30:22,400 --> 00:30:27,880
Speaker 7: He was a fantastic man, but he understood immediately what

523
00:30:27,960 --> 00:30:29,880
Speaker 7: I was talking about. I said, Shinzo, we have to

524
00:30:29,880 --> 00:30:32,640
Speaker 7: do something. He said, I know that, and we've worked

525
00:30:32,680 --> 00:30:34,400
Speaker 7: out a deal. And it would have been a much

526
00:30:34,400 --> 00:30:37,520
Speaker 7: better deal. But frankly, there were many years left on

527
00:30:37,600 --> 00:30:39,680
Speaker 7: the deal that was made previous to my getting there,

528
00:30:39,680 --> 00:30:43,520
Speaker 7: but it was it was something if you look at

529
00:30:43,520 --> 00:30:48,800
Speaker 7: Switzerland sixty one percent to thirty one percent, Indonesia, Malaysia, Cambodio.

530
00:30:48,800 --> 00:30:52,560
Speaker 7: Who look at Cambodia ninety seven percent, we're going to

531
00:30:52,600 --> 00:30:54,840
Speaker 7: bring it down to forty nine. They made a fortune

532
00:30:54,880 --> 00:30:58,000
Speaker 7: with the United States of America, United Kingdom ten percent,

533
00:30:58,880 --> 00:31:01,840
Speaker 7: and we'll go ten percent, so we'll do the same thing.

534
00:31:02,960 --> 00:31:08,120
Speaker 7: South Africa, oh, sixty thirty percent, and they've got some

535
00:31:08,200 --> 00:31:10,600
Speaker 7: bad things going on in South Africa. You know, we're

536
00:31:10,600 --> 00:31:14,120
Speaker 7: paying them billions of dollars a week. Cut the funding

537
00:31:14,200 --> 00:31:16,760
Speaker 7: because a lot of bad things are happening in South Africa.

538
00:31:16,800 --> 00:31:18,320
Speaker 5: The fake news ought to be looking at it. They

539
00:31:18,360 --> 00:31:20,000
Speaker 5: don't want to report it.

540
00:31:20,120 --> 00:31:25,560
Speaker 7: Brazil ten percent, ten percent, Bangladesh is seventy four percent,

541
00:31:25,640 --> 00:31:29,320
Speaker 7: so you see what's going on. Pakistan fifty eight percent,

542
00:31:31,160 --> 00:31:35,320
Speaker 7: Sri Lanka eighty eight percent. So what we're doing is

543
00:31:35,320 --> 00:31:37,920
Speaker 7: we're taking not the full We could take the full

544
00:31:37,960 --> 00:31:40,200
Speaker 7: eighty eight percent. Thanks a lot. He's doing a very

545
00:31:40,200 --> 00:31:40,640
Speaker 7: good job.

546
00:31:40,640 --> 00:31:42,480
Speaker 5: How's he doing all right?

547
00:31:43,200 --> 00:31:44,640
Speaker 7: I think you better take it with you. It's not

548
00:31:44,680 --> 00:31:47,760
Speaker 7: gonna last very long. He's gonna put it. It's gonna

549
00:31:47,800 --> 00:31:51,040
Speaker 7: follow you down with the wind. I brought a hat

550
00:31:51,160 --> 00:31:53,280
Speaker 7: just in case he got too windy. But here would

551
00:31:53,320 --> 00:31:55,880
Speaker 7: anybody like a hat I'm.

552
00:31:55,760 --> 00:31:57,960
Speaker 5: Giving I'm not giving you to a cabinet. I'm giving

553
00:31:58,000 --> 00:31:59,640
Speaker 5: it to the auto workers covering.

554
00:32:04,720 --> 00:32:11,720
Speaker 7: Thank you fellas. Yeah, that's it, that's it. They deserve

555
00:32:11,760 --> 00:32:16,320
Speaker 7: it more than our cabinet. Our cabinet has plenty of hats,

556
00:32:16,880 --> 00:32:20,480
Speaker 7: but you see the numbers. The numbers are so disproportionate,

557
00:32:20,520 --> 00:32:23,760
Speaker 7: they're so unfair. At the same time, we will establish

558
00:32:23,800 --> 00:32:27,120
Speaker 7: a minimum baseline tariff of ten percent you notice that

559
00:32:27,200 --> 00:32:30,640
Speaker 7: on the chart, and that'll be on other countries to

560
00:32:30,720 --> 00:32:34,440
Speaker 7: help rebuild our economy and to prevent cheating. So we're

561
00:32:34,440 --> 00:32:36,840
Speaker 7: gonna have a minimum of cheating, and we're gonna be

562
00:32:36,960 --> 00:32:37,920
Speaker 7: very severe.

563
00:32:37,600 --> 00:32:41,120
Speaker 5: On the people that at the gate that watch the tariffs.

564
00:32:40,760 --> 00:32:42,880
Speaker 7: And watch the product coming in, because there's been a

565
00:32:44,120 --> 00:32:46,760
Speaker 7: lot of bad things happening at the gate. Because the

566
00:32:46,800 --> 00:32:49,200
Speaker 7: money is so enormous that you're talking about, there's never

567
00:32:49,240 --> 00:32:52,920
Speaker 7: been probably anything like it in terms of the enormity,

568
00:32:53,640 --> 00:32:55,840
Speaker 7: and there are a lot of bad things happen at

569
00:32:55,880 --> 00:32:58,640
Speaker 7: the people that do the check in, and they're looking

570
00:32:58,680 --> 00:33:01,000
Speaker 7: at ten year jail sentences. If they do play, we're

571
00:33:01,000 --> 00:33:02,640
Speaker 7: going to treat them so good. But if they cheat,

572
00:33:03,520 --> 00:33:07,640
Speaker 7: the repercussions are going to be extremely strong. Foreign nations

573
00:33:07,680 --> 00:33:10,239
Speaker 7: will finally be asked to pay for the privilege of

574
00:33:11,000 --> 00:33:13,840
Speaker 7: access to our market, the biggest market in the world,

575
00:33:13,880 --> 00:33:15,640
Speaker 7: where right now the biggest market.

576
00:33:15,320 --> 00:33:15,880
Speaker 5: In the world.

577
00:33:15,920 --> 00:33:19,520
Speaker 7: We had a great country four years ago in terms

578
00:33:19,520 --> 00:33:22,400
Speaker 7: of the economics. We were doubling up on China. We

579
00:33:22,400 --> 00:33:24,720
Speaker 7: were doing so well, nobody was going to catch us.

580
00:33:24,720 --> 00:33:27,240
Speaker 7: But so much of it slipped away over the last

581
00:33:27,240 --> 00:33:31,240
Speaker 7: four years under Biden. I campaigned on this policy throughout

582
00:33:31,320 --> 00:33:34,760
Speaker 7: last year and today. That promise was made, and it

583
00:33:34,920 --> 00:33:37,280
Speaker 7: was also a promise, as you know, that was kept.

584
00:33:37,440 --> 00:33:45,160
Speaker 7: Promises made, promises kept to any company that objects to

585
00:33:45,240 --> 00:33:50,120
Speaker 7: our common sense reciprocal tariffs again reciprocal, back and forth,

586
00:33:50,360 --> 00:33:54,920
Speaker 7: back and forth, and were I call this kind reciprocal.

587
00:33:55,200 --> 00:34:00,200
Speaker 7: This is not full reciprocal. This is kind reciprocal. But

588
00:34:00,240 --> 00:34:02,320
Speaker 7: what we do is we cut it in half. We

589
00:34:02,480 --> 00:34:05,120
Speaker 7: charge them. My answer is very simple. If they complain,

590
00:34:05,200 --> 00:34:08,319
Speaker 7: if you want you're tariff right to be zero, then

591
00:34:08,400 --> 00:34:10,960
Speaker 7: you build your product right here in America, because there

592
00:34:11,040 --> 00:34:12,640
Speaker 7: is no tariff if you build.

593
00:34:12,360 --> 00:34:14,200
Speaker 5: Your plant, your product in America.

594
00:34:16,160 --> 00:34:21,360
Speaker 7: And we've seen companies coming in like we've never seen before. Likewise,

595
00:34:21,400 --> 00:34:26,000
Speaker 7: to all of the foreign presidents, prime ministers, kings, queens, ambassadors,

596
00:34:26,080 --> 00:34:29,000
Speaker 7: and everyone else who will soon be calling to ask

597
00:34:29,080 --> 00:34:34,160
Speaker 7: for exemptions from these tariffs, I say, terminate your own tariffs,

598
00:34:34,280 --> 00:34:36,279
Speaker 7: drop your barriers, don't.

599
00:34:36,040 --> 00:34:38,200
Speaker 5: Manipulate your currencies.

600
00:34:38,200 --> 00:34:42,120
Speaker 7: They manipulate their currencies like nobody can even believe, which

601
00:34:42,200 --> 00:34:45,279
Speaker 7: is a bad, bad thing and very devastating to us,

602
00:34:45,760 --> 00:34:49,240
Speaker 7: and start buying tens of billions of dollars of American goods.

603
00:34:49,320 --> 00:34:53,000
Speaker 7: Tariffs give our country protection against those that would do

604
00:34:53,080 --> 00:34:56,600
Speaker 7: us economic harm. And many people were looking to do

605
00:34:56,719 --> 00:35:02,279
Speaker 7: us economic harm. Maybe not so oh obviously, but they

606
00:35:02,280 --> 00:35:04,160
Speaker 7: were doing tremendous economic harm.

607
00:35:04,520 --> 00:35:07,280
Speaker 5: But even more importantly, they will give us growth.

608
00:35:07,360 --> 00:35:09,560
Speaker 7: These terrafts are going to give us growth like you

609
00:35:09,600 --> 00:35:13,719
Speaker 7: haven't seen before, and it'll be something very special to watch.

610
00:35:13,760 --> 00:35:17,040
Speaker 7: I am so looking forward, and Brian, it's gonna happen

611
00:35:17,080 --> 00:35:19,680
Speaker 7: even faster than you said. You know, you might, you

612
00:35:19,800 --> 00:35:24,440
Speaker 7: might say, but it's already started. It's already started. Work's

613
00:35:24,480 --> 00:35:27,480
Speaker 7: already begun on plants all around the country. And you

614
00:35:27,520 --> 00:35:31,000
Speaker 7: see that as before. These are big rich companies. We

615
00:35:31,040 --> 00:35:35,560
Speaker 7: have sixty one billion dollars started on a big plant

616
00:35:35,640 --> 00:35:37,560
Speaker 7: going up. It's going to be announced over the next

617
00:35:37,600 --> 00:35:40,920
Speaker 7: two days. And they already started work. Many of these biggest,

618
00:35:40,960 --> 00:35:44,160
Speaker 7: the biggest companies in the world. They've committed to build,

619
00:35:44,360 --> 00:35:47,520
Speaker 7: build to build. We're gonna build, build, build, sir, And

620
00:35:47,600 --> 00:35:49,800
Speaker 7: they came here to see me, and they came wanted

621
00:35:49,800 --> 00:35:50,480
Speaker 7: to know if they.

622
00:35:50,640 --> 00:35:52,440
Speaker 5: Could have a press conference. They do as many as

623
00:35:52,440 --> 00:35:52,719
Speaker 5: I can.

624
00:35:52,800 --> 00:35:55,759
Speaker 7: I'm pretty busy trying to stop Russia and Ukraine and

625
00:35:56,400 --> 00:35:57,080
Speaker 7: the Middle East.

626
00:35:57,160 --> 00:35:58,160
Speaker 5: We got to stop that.

627
00:35:58,280 --> 00:36:01,880
Speaker 7: We're going to stop the hooties which were making tremendous

628
00:36:01,960 --> 00:36:04,520
Speaker 7: They like shooting ships down and out of the water

629
00:36:04,680 --> 00:36:05,600
Speaker 7: seeking chips.

630
00:36:05,800 --> 00:36:06,880
Speaker 5: They get a kick out of it.

631
00:36:06,920 --> 00:36:08,960
Speaker 7: But they're not getting such a kick out of it now,

632
00:36:09,000 --> 00:36:12,160
Speaker 7: are they, mister Secretary. They're not getting such a kick

633
00:36:12,200 --> 00:36:15,920
Speaker 7: out of that now. But here are just a short

634
00:36:15,960 --> 00:36:19,000
Speaker 7: list of some of the companies that have already announced

635
00:36:19,040 --> 00:36:23,040
Speaker 7: and committed to investment. And this is a company that

636
00:36:23,760 --> 00:36:28,080
Speaker 7: built its factories and its plants in China. Apple is

637
00:36:28,120 --> 00:36:32,839
Speaker 7: going to spend five hundred billion dollars. They never spent

638
00:36:33,040 --> 00:36:35,640
Speaker 7: money like that here. They're going to build their plants here.

639
00:36:36,600 --> 00:36:42,719
Speaker 7: Soft Bank opened ai and Oracle Great Companies are investing

640
00:36:42,840 --> 00:36:48,280
Speaker 7: five hundred billion dollars almost immediately. Navidia, a hot company,

641
00:36:48,360 --> 00:36:52,720
Speaker 7: is investing hundreds of billions of dollars. They just announced TSMC,

642
00:36:53,560 --> 00:36:56,520
Speaker 7: the biggest most important company in the world of chips

643
00:36:56,560 --> 00:37:01,080
Speaker 7: from Taiwan with no investment from US, is investing two

644
00:37:01,200 --> 00:37:04,080
Speaker 7: hundred billion and they said the reason was number one,

645
00:37:04,120 --> 00:37:07,400
Speaker 7: the election of November fifth, and number two the tariffs.

646
00:37:07,560 --> 00:37:09,279
Speaker 7: They don't want to pay the tariffs, and the way

647
00:37:09,280 --> 00:37:11,759
Speaker 7: they're not paying it is to build their plan here.

648
00:37:11,800 --> 00:37:14,440
Speaker 7: So we're going to go from almost no percentage. We

649
00:37:14,560 --> 00:37:16,360
Speaker 7: used to have one hundred percent of the chip market.

650
00:37:16,400 --> 00:37:17,800
Speaker 5: Now it's all in Taiwan.

651
00:37:17,840 --> 00:37:20,320
Speaker 7: Almost all of it's in Taiwan, couple of other countries,

652
00:37:20,320 --> 00:37:21,440
Speaker 7: but mostly in Taiwan.

653
00:37:22,160 --> 00:37:24,880
Speaker 5: And think of it, we had one hundred percent.

654
00:37:24,960 --> 00:37:27,400
Speaker 7: We lost it because of people in that office that

655
00:37:27,440 --> 00:37:28,399
Speaker 7: didn't do their job.

656
00:37:28,480 --> 00:37:29,839
Speaker 5: They allowed it to be.

657
00:37:29,880 --> 00:37:34,080
Speaker 7: Stolen from us. Johnson and Johnson Great Company fifty five

658
00:37:34,120 --> 00:37:39,320
Speaker 7: billion dollars. Eli Lilly twenty seven billion, Meta is investing

659
00:37:39,520 --> 00:37:41,920
Speaker 7: five hundred billion dollars.

660
00:37:41,960 --> 00:37:45,359
Speaker 5: Wow, de mac is.

661
00:37:45,280 --> 00:37:50,240
Speaker 7: Investing twenty billion CMA, CGM twenty billion dollars.

662
00:37:50,280 --> 00:37:53,080
Speaker 5: And then you have Merk and Clariers.

663
00:37:53,000 --> 00:37:59,040
Speaker 7: Stallantis, General Motors, Geererospace, Honda and Nissan Hyundai are all

664
00:37:59,040 --> 00:38:02,120
Speaker 7: putting in billions and billions of dollars and they're committed

665
00:38:02,160 --> 00:38:06,080
Speaker 7: one hundred percent. So and we have never had We've

666
00:38:06,080 --> 00:38:08,719
Speaker 7: never had. And this is after two and a half months.

667
00:38:08,920 --> 00:38:11,520
Speaker 7: This is not this is after just a short This

668
00:38:11,600 --> 00:38:14,399
Speaker 7: all took place as soon as we came out with

669
00:38:14,640 --> 00:38:17,000
Speaker 7: what everybody wanted to do. You know, I watched a

670
00:38:17,120 --> 00:38:21,120
Speaker 7: gentleman today on television, used to work with Leiacoca, very

671
00:38:21,160 --> 00:38:25,359
Speaker 7: respected automobile person, and he said, you know, because they're

672
00:38:25,400 --> 00:38:27,919
Speaker 7: asking people, they try and get as many negative people

673
00:38:27,960 --> 00:38:29,680
Speaker 7: as they can, but they can't find them too much.

674
00:38:29,719 --> 00:38:32,160
Speaker 7: It's pretty hard to find in terms of what we're doing,

675
00:38:32,440 --> 00:38:34,200
Speaker 7: especially when they see all this investment.

676
00:38:34,600 --> 00:38:35,920
Speaker 5: They said, So tell me, what do you.

677
00:38:35,920 --> 00:38:39,239
Speaker 7: Think of what Trump is doing from the automobile standpoint?

678
00:38:39,280 --> 00:38:42,480
Speaker 5: He said, I can't believe it.

679
00:38:42,560 --> 00:38:46,240
Speaker 7: Somebody is finally he's an older guy, real pro, really

680
00:38:46,320 --> 00:38:50,000
Speaker 7: top guy with Leiacock. He said, I never thought i'd

681
00:38:50,040 --> 00:38:52,680
Speaker 7: see the day when this would happen where somebody had

682
00:38:52,680 --> 00:38:54,920
Speaker 7: the courage to go and do what has to be done.

683
00:38:55,160 --> 00:38:57,239
Speaker 5: This is transforming our nation.

684
00:38:57,520 --> 00:39:00,560
Speaker 7: Our entire nation is going to be transformed, not only

685
00:39:00,600 --> 00:39:05,080
Speaker 7: with the cars, but on every single other item that's built.

686
00:39:05,200 --> 00:39:07,919
Speaker 7: We're going to become an industrial powerhouse. And he said

687
00:39:07,920 --> 00:39:11,040
Speaker 7: that so beautifully today. In fact, I'm going to find out.

688
00:39:11,320 --> 00:39:13,960
Speaker 7: I'm going to get a tape and Bruce, I'm going

689
00:39:14,000 --> 00:39:15,400
Speaker 7: to get that tape and I'm going to send it

690
00:39:15,400 --> 00:39:16,920
Speaker 7: to you out in Long Island and you're going to

691
00:39:16,960 --> 00:39:19,680
Speaker 7: play it for the people and all your union workers

692
00:39:19,719 --> 00:39:21,399
Speaker 7: and your non union workers out there.

693
00:39:21,400 --> 00:39:26,879
Speaker 5: You got a pretty even split, but we have so far.

694
00:39:27,000 --> 00:39:29,160
Speaker 7: It looks like we're going to have about six trillion

695
00:39:29,239 --> 00:39:32,320
Speaker 7: dollars of investments, and you wouldn't do that in years

696
00:39:33,440 --> 00:39:36,120
Speaker 7: in this country over the last number of years, six

697
00:39:36,200 --> 00:39:38,399
Speaker 7: trillion dollars, and that's going to be.

698
00:39:38,400 --> 00:39:40,839
Speaker 5: Much higher by the end of the year. And think

699
00:39:40,840 --> 00:39:42,640
Speaker 5: of what six trillion dollars is.

700
00:39:43,160 --> 00:39:47,239
Speaker 7: You wouldn't have even a small percentage of that under

701
00:39:47,280 --> 00:39:49,680
Speaker 7: this other system. We're going to be an entirely different

702
00:39:49,760 --> 00:39:52,080
Speaker 7: country and it's going to be fantastic for the workers.

703
00:39:52,120 --> 00:39:55,239
Speaker 7: It's going to be fantastic for everyone. There will never

704
00:39:55,320 --> 00:39:58,440
Speaker 7: have been a transformation of a country like the transformation

705
00:39:58,600 --> 00:40:02,040
Speaker 7: that's already happening in the United States of America. It's

706
00:40:02,080 --> 00:40:05,080
Speaker 7: an incredible thing to watch, and it's incredible to meet

707
00:40:05,120 --> 00:40:07,839
Speaker 7: with the top people, people that you read about, very

708
00:40:07,880 --> 00:40:12,359
Speaker 7: wealthy people, or people that are great managers and executives

709
00:40:12,480 --> 00:40:15,839
Speaker 7: and presidents of big public companies, and to watch the

710
00:40:15,960 --> 00:40:17,960
Speaker 7: enthusiasm they have now that they didn't have.

711
00:40:18,000 --> 00:40:19,200
Speaker 5: They gave up on our country.

712
00:40:19,200 --> 00:40:22,640
Speaker 7: They went to foreign countries and they built companies are

713
00:40:22,640 --> 00:40:26,040
Speaker 7: pouring into our country at levels never seen before, with

714
00:40:26,239 --> 00:40:30,120
Speaker 7: jobs and money to follow, and it's really beautiful. In

715
00:40:30,160 --> 00:40:33,200
Speaker 7: the coming days, there will be complaints from the globalists

716
00:40:33,200 --> 00:40:37,200
Speaker 7: and the outsources and special interests and the fake news

717
00:40:37,360 --> 00:40:39,200
Speaker 7: fake news will always complain.

718
00:40:39,480 --> 00:40:40,920
Speaker 5: But never forget.

719
00:40:41,080 --> 00:40:44,440
Speaker 7: Every prediction our opponents made about trade for the last

720
00:40:44,520 --> 00:40:47,879
Speaker 7: thirty years has been proven totally wrong. They were wrong

721
00:40:47,920 --> 00:40:51,640
Speaker 7: about NAFTA, they were wrong about China. They were wrong

722
00:40:51,680 --> 00:40:55,680
Speaker 7: about the transpecific partnership, which would have been a disaster.

723
00:40:55,760 --> 00:40:57,799
Speaker 7: If I didn't terminate it. If I didn't turn that

724
00:40:58,160 --> 00:41:03,040
Speaker 7: terminate that auto workers, you would have had no jobs

725
00:41:03,120 --> 00:41:06,600
Speaker 7: in this country. You would have had no jobs. I

726
00:41:06,680 --> 00:41:10,799
Speaker 7: was all going to other countries in my first term.

727
00:41:10,920 --> 00:41:15,360
Speaker 7: They said tariffs would crash the economy. Instead, we built

728
00:41:15,360 --> 00:41:17,799
Speaker 7: the greatest economy in the history of the world. And again,

729
00:41:18,320 --> 00:41:21,360
Speaker 7: I have great respect for presidency of China, great respect

730
00:41:21,360 --> 00:41:25,680
Speaker 7: for China, but they were taking tremendous advantage of them

731
00:41:25,800 --> 00:41:29,000
Speaker 7: of us, and I commend them for that. I say, hey,

732
00:41:29,080 --> 00:41:31,600
Speaker 7: if you can get away with it, that's okay. But

733
00:41:32,000 --> 00:41:35,960
Speaker 7: you know, they understand exactly what's happening, and they probably

734
00:41:36,040 --> 00:41:38,520
Speaker 7: most of them are saying it's about time they did something.

735
00:41:38,560 --> 00:41:41,040
Speaker 7: But and they're gonna fight, and they're gonna fight for

736
00:41:41,239 --> 00:41:42,319
Speaker 7: everyone's going to fight.

737
00:41:42,400 --> 00:41:42,600
Speaker 3: You know.

738
00:41:42,640 --> 00:41:45,839
Speaker 5: It's like I say to the leaders, look, you got

739
00:41:45,840 --> 00:41:46,399
Speaker 5: to take care of.

740
00:41:46,320 --> 00:41:48,200
Speaker 7: Your country, but we have to start taking care of

741
00:41:48,239 --> 00:41:49,040
Speaker 7: our country now.

742
00:41:49,320 --> 00:41:51,160
Speaker 5: We can't do what we've been doing for the last

743
00:41:51,200 --> 00:41:53,960
Speaker 5: fifty years. From the day of my election.

744
00:41:54,080 --> 00:41:56,800
Speaker 7: The stock market went up in my first term eighty

745
00:41:56,800 --> 00:42:00,800
Speaker 7: eight percent, with NaSTA going up one hundred and fifty

746
00:42:00,840 --> 00:42:04,600
Speaker 7: five percent, more than any president has ever had in

747
00:42:04,680 --> 00:42:09,839
Speaker 7: any term in office by far. And I think we're

748
00:42:09,880 --> 00:42:13,920
Speaker 7: going to blow that away. And maybe the numbers won't show,

749
00:42:14,000 --> 00:42:15,799
Speaker 7: but I think they're going to show much better than

750
00:42:15,840 --> 00:42:17,840
Speaker 7: even those numbers. But what you're going to see is

751
00:42:17,840 --> 00:42:21,719
Speaker 7: you're going to see activity that empty, dead sites, factories

752
00:42:21,719 --> 00:42:25,080
Speaker 7: that are falling down. Those factories will be knocked down,

753
00:42:25,120 --> 00:42:27,080
Speaker 7: and they're going to have brand new factories built in

754
00:42:27,120 --> 00:42:29,719
Speaker 7: their place. And not only talking about renovating, they're talking

755
00:42:29,760 --> 00:42:32,640
Speaker 7: about brand new, the best anywhere in the world, the

756
00:42:32,680 --> 00:42:33,840
Speaker 7: biggest anywhere.

757
00:42:33,440 --> 00:42:33,879
Speaker 5: In the world.

758
00:42:33,920 --> 00:42:36,640
Speaker 7: I have a friend who builds car plants, and I said,

759
00:42:36,640 --> 00:42:38,759
Speaker 7: I want to see the biggest and the best. He said, well,

760
00:42:38,800 --> 00:42:41,279
Speaker 7: we have to go to Mexico. I said, now, I

761
00:42:41,280 --> 00:42:43,000
Speaker 7: want to see it in the United States. He said,

762
00:42:43,000 --> 00:42:45,239
Speaker 7: we're not building them. And then this is a year

763
00:42:45,280 --> 00:42:47,279
Speaker 7: and a half ago, during the campaign, he said, we're

764
00:42:47,280 --> 00:42:50,000
Speaker 7: not building You'd have to go to Mexico. When I

765
00:42:50,200 --> 00:42:52,840
Speaker 7: was starting to decide to run, and I went to

766
00:42:52,920 --> 00:42:55,439
Speaker 7: number one in the polls very rapidly, I want to say,

767
00:42:55,520 --> 00:42:58,480
Speaker 7: I want to like, let's say, in the first in

768
00:42:58,520 --> 00:43:02,319
Speaker 7: the first hour, and then shortly thereafter, it looked like

769
00:43:02,360 --> 00:43:05,120
Speaker 7: I was going to win, and the fake news were saying, oh, no,

770
00:43:05,280 --> 00:43:07,400
Speaker 7: don't do this. What they don't know is if I

771
00:43:07,400 --> 00:43:10,360
Speaker 7: didn't win, they would have really been in trouble because

772
00:43:10,400 --> 00:43:11,840
Speaker 7: nobody wants to read them anyway.

773
00:43:12,320 --> 00:43:15,160
Speaker 5: But I tell you what, when I when it.

774
00:43:15,120 --> 00:43:17,759
Speaker 7: Looked like I was going to win, I announced that

775
00:43:17,920 --> 00:43:19,920
Speaker 7: I was going to be doing exactly what we're talking

776
00:43:19,920 --> 00:43:23,000
Speaker 7: about today. Great consistency actually because I've been talking about

777
00:43:23,000 --> 00:43:26,440
Speaker 7: it for forty years, but because I saw what was

778
00:43:26,480 --> 00:43:28,399
Speaker 7: happening forty years ago. If you look at my old

779
00:43:28,440 --> 00:43:34,160
Speaker 7: speeches when I was young, very handsome, my old speeches,

780
00:43:34,200 --> 00:43:36,919
Speaker 7: and that people would say, be on a television show,

781
00:43:36,920 --> 00:43:39,120
Speaker 7: I'd be talking about how we were being ripped off

782
00:43:39,160 --> 00:43:42,279
Speaker 7: by these countries. I mean, nothing changes very much. The

783
00:43:42,320 --> 00:43:45,760
Speaker 7: only thing to change were the countries. But nothing really changes.

784
00:43:45,840 --> 00:43:48,879
Speaker 7: But you know, it's it's such an honor. It's such

785
00:43:48,920 --> 00:43:52,160
Speaker 7: an honor to be finally able to do this. If

786
00:43:52,200 --> 00:43:56,040
Speaker 7: you look at China, I took in hundreds of billions

787
00:43:56,040 --> 00:43:59,719
Speaker 7: of dollars in my term, hundreds of billions. They never

788
00:43:59,760 --> 00:44:03,560
Speaker 7: pay ten cents to any other president, and yet they

789
00:44:03,680 --> 00:44:07,240
Speaker 7: paid hundreds of billions, so much so that Biden couldn't

790
00:44:07,280 --> 00:44:07,720
Speaker 7: do anything.

791
00:44:07,800 --> 00:44:09,560
Speaker 5: They wanted to try and terminate.

792
00:44:09,200 --> 00:44:12,920
Speaker 7: It because he had a very special relationship with China.

793
00:44:13,239 --> 00:44:14,880
Speaker 5: You know what their relationship was.

794
00:44:15,360 --> 00:44:20,080
Speaker 7: He had specially but the numbers were so big. The

795
00:44:20,200 --> 00:44:24,560
Speaker 7: numbers were so big that they couldn't do it. So

796
00:44:24,600 --> 00:44:26,960
Speaker 7: they did ease it up. They did things that they

797
00:44:27,000 --> 00:44:29,880
Speaker 7: shouldn't have done. They made it a lot more comfortable

798
00:44:29,960 --> 00:44:32,600
Speaker 7: for them, but they couldn't do it because the numbers

799
00:44:32,640 --> 00:44:35,399
Speaker 7: were hundreds of billions of dollars. And I did that,

800
00:44:36,200 --> 00:44:40,000
Speaker 7: and we were on our way to doing something like incredible,

801
00:44:40,800 --> 00:44:43,200
Speaker 7: and then we had a very bad election. Happened, very

802
00:44:43,239 --> 00:44:46,160
Speaker 7: bad election. A lot of bad things happened. So when

803
00:44:46,200 --> 00:44:47,759
Speaker 7: I said we've got to do it again, I said,

804
00:44:47,800 --> 00:44:49,360
Speaker 7: we have to make it too big to rig. And

805
00:44:49,400 --> 00:44:51,160
Speaker 7: we made it too big to rig, and we won

806
00:44:51,239 --> 00:44:55,560
Speaker 7: in records and it was a monumental win. And it

807
00:44:55,680 --> 00:44:58,120
Speaker 7: was such an honor to see so many of you,

808
00:44:58,320 --> 00:45:02,360
Speaker 7: like Brian and your friends here with us to celebrate

809
00:45:02,400 --> 00:45:04,920
Speaker 7: and to more importantly celebrate what we're doing, because that

810
00:45:04,960 --> 00:45:07,200
Speaker 7: wouldn't be a full celebration if we didn't do this,

811
00:45:07,480 --> 00:45:10,200
Speaker 7: Because this will be an entirely different country in a

812
00:45:10,239 --> 00:45:13,360
Speaker 7: short period of time. It'll be something the whole world

813
00:45:13,400 --> 00:45:17,200
Speaker 7: will be talking about it. The critics made the very

814
00:45:17,280 --> 00:45:21,239
Speaker 7: tired predictions earlier this year, but in February, core inflation

815
00:45:21,440 --> 00:45:24,560
Speaker 7: dropped to the lowest rate in four years, and the

816
00:45:24,600 --> 00:45:25,600
Speaker 7: price of eggs, as.

817
00:45:25,520 --> 00:45:27,479
Speaker 5: You know, just in a couple of in a month

818
00:45:27,520 --> 00:45:28,040
Speaker 5: and a half.

819
00:45:28,600 --> 00:45:33,440
Speaker 7: We were there for four weeks and the first week

820
00:45:33,520 --> 00:45:35,839
Speaker 7: I got blamed for eggs. I said, I just got

821
00:45:36,560 --> 00:45:39,400
Speaker 7: They said eggs have gone up at like two hundred

822
00:45:39,440 --> 00:45:42,600
Speaker 7: and fifty percent and you can't get eggs, and they

823
00:45:42,640 --> 00:45:45,919
Speaker 7: were going crazy, and I said, I just got here.

824
00:45:47,280 --> 00:45:50,640
Speaker 7: And then we got to work on eggs. We got

825
00:45:50,680 --> 00:45:54,359
Speaker 7: to work on everything in our great Secretary of Agriculture.

826
00:45:54,400 --> 00:45:57,359
Speaker 7: You did a fantastic job, Brooke Rollins. He did a

827
00:45:57,360 --> 00:46:01,920
Speaker 7: fantastic job. As I said before, the price of eggs

828
00:46:02,000 --> 00:46:04,879
Speaker 7: drop now fifty nine percent and they're going down more

829
00:46:04,920 --> 00:46:08,720
Speaker 7: and the availability is fantastic. They were saying that for Easter,

830
00:46:08,840 --> 00:46:11,799
Speaker 7: please don't use eggs. Could you use plastic eggs. I said,

831
00:46:11,840 --> 00:46:13,759
Speaker 7: we don't want to do that. We want to and

832
00:46:13,840 --> 00:46:16,040
Speaker 7: you really came through. It's an amazing job. Thank you

833
00:46:16,120 --> 00:46:18,759
Speaker 7: very much, Brooke. You did great. But likewise, an old

834
00:46:18,760 --> 00:46:21,160
Speaker 7: fashioned term that we use groceries, I used it in

835
00:46:21,200 --> 00:46:24,000
Speaker 7: the campaign. It's such an old fashioned term, but a

836
00:46:24,040 --> 00:46:27,320
Speaker 7: beautiful term, groceries. It it says a bag with different

837
00:46:27,360 --> 00:46:31,040
Speaker 7: things that it. Groceries went through the roof, and.

838
00:46:31,080 --> 00:46:32,040
Speaker 5: I campaigned on that.

839
00:46:32,080 --> 00:46:34,719
Speaker 7: I talked about the word groceries for a lot, and

840
00:46:34,920 --> 00:46:38,640
Speaker 7: energy costs now are down, Groceries are down, Gasoline is

841
00:46:38,680 --> 00:46:42,000
Speaker 7: way under three dollars, and people are beginning to be

842
00:46:42,080 --> 00:46:43,800
Speaker 7: able to buy things and live again.

843
00:46:44,000 --> 00:46:45,640
Speaker 5: We brought prices way down.

844
00:46:45,719 --> 00:46:49,319
Speaker 7: We created ten thousand already in a few weeks new

845
00:46:49,360 --> 00:46:53,200
Speaker 7: manufacturing jobs. And it was that took place in one month,

846
00:46:53,800 --> 00:46:55,680
Speaker 7: numbers that they haven't seen in a long time.

847
00:46:55,680 --> 00:46:58,080
Speaker 5: We had virtually no inflation under my term.

848
00:46:58,520 --> 00:47:02,200
Speaker 7: We had virtually know and for four years, but after

849
00:47:02,280 --> 00:47:07,440
Speaker 7: transitioning over to Sleepy Joe, it went from almost nonexistent

850
00:47:07,520 --> 00:47:10,239
Speaker 7: to the highest in the history of our country. They're

851
00:47:10,280 --> 00:47:13,879
Speaker 7: the highest inflation in the history of our country, brought

852
00:47:13,960 --> 00:47:16,920
Speaker 7: up by energy and bad spending and bad policy, and

853
00:47:17,360 --> 00:47:18,720
Speaker 7: a lot of bad things happened.

854
00:47:18,719 --> 00:47:22,440
Speaker 5: How about allowing millions and millions and millions.

855
00:47:22,000 --> 00:47:25,000
Speaker 7: Of people to pour into our country with open borders

856
00:47:25,680 --> 00:47:29,960
Speaker 7: where it's so sad to see even now, and I

857
00:47:30,040 --> 00:47:32,759
Speaker 7: see our great Secretary, you have done.

858
00:47:33,000 --> 00:47:35,440
Speaker 5: Stand up, please, Christy, stand up.

859
00:47:36,560 --> 00:47:43,719
Speaker 7: CHRISTI nom and Tom Homan. These the people are doing

860
00:47:43,760 --> 00:47:47,160
Speaker 7: a great job. But gotten them out in records. We

861
00:47:47,239 --> 00:47:49,640
Speaker 7: have problems with judges that don't want them to go out.

862
00:47:49,719 --> 00:47:54,000
Speaker 7: They want trend i I raqua and they want MS thirteen.

863
00:47:54,080 --> 00:47:57,320
Speaker 7: The most vicious gangs ever. Nobody's ever seen anything like it,

864
00:47:57,440 --> 00:48:00,319
Speaker 7: absolute killer gangs. They kill people that don't even think

865
00:48:00,360 --> 00:48:00,799
Speaker 7: about it.

866
00:48:01,239 --> 00:48:01,960
Speaker 5: And we put them out.

867
00:48:02,000 --> 00:48:04,480
Speaker 7: And we have judges now, radical left judges that want

868
00:48:04,520 --> 00:48:06,839
Speaker 7: to they don't want them to go out, they want

869
00:48:06,880 --> 00:48:07,920
Speaker 7: them to even be brought back.

870
00:48:08,040 --> 00:48:08,959
Speaker 5: Let's bring them back.

871
00:48:09,239 --> 00:48:13,280
Speaker 7: You've done a fantastic job, and please thank everybody, Homeland Security,

872
00:48:13,320 --> 00:48:14,000
Speaker 7: thank everybody.

873
00:48:14,080 --> 00:48:14,799
Speaker 5: Appreciate it.

874
00:48:17,600 --> 00:48:21,080
Speaker 7: And we now have a border that's the best border

875
00:48:21,200 --> 00:48:24,799
Speaker 7: that we've ever had, even better than it was my

876
00:48:24,880 --> 00:48:26,880
Speaker 7: first term. My first term we did good, but this

877
00:48:26,920 --> 00:48:28,320
Speaker 7: one we really specialized it.

878
00:48:28,480 --> 00:48:29,759
Speaker 5: We've done really well.

879
00:48:30,120 --> 00:48:32,920
Speaker 7: And we had records then we had with the best

880
00:48:33,200 --> 00:48:35,920
Speaker 7: safest border four years ago, with the best border there

881
00:48:36,040 --> 00:48:39,799
Speaker 7: ever was, and now we have you've actually matched it

882
00:48:39,880 --> 00:48:40,920
Speaker 7: and done even better.

883
00:48:40,960 --> 00:48:43,239
Speaker 5: And we're going to get it down the right way.

884
00:48:43,280 --> 00:48:45,080
Speaker 7: And we want people, by the way to come into

885
00:48:45,080 --> 00:48:47,680
Speaker 7: our country, but we want to come in through a

886
00:48:47,760 --> 00:48:48,560
Speaker 7: legal process.

887
00:48:48,640 --> 00:48:50,520
Speaker 5: We want them to come in legally.

888
00:48:50,560 --> 00:48:52,879
Speaker 7: We need more people, we need people to run these

889
00:48:52,920 --> 00:48:56,080
Speaker 7: plants and to help the ODA workers and the teamsters

890
00:48:56,120 --> 00:48:59,000
Speaker 7: and the non union people and everybody else. But we

891
00:48:59,040 --> 00:49:01,600
Speaker 7: need people on the farm. And we're going to let

892
00:49:01,600 --> 00:49:03,239
Speaker 7: people come in, but they want to come in, We

893
00:49:03,280 --> 00:49:05,040
Speaker 7: want them to come in legally. They have to have

894
00:49:05,080 --> 00:49:07,799
Speaker 7: the capability of loving our country. Not people that hate

895
00:49:07,800 --> 00:49:10,279
Speaker 7: our country. We don't want them in our country. And

896
00:49:10,320 --> 00:49:14,520
Speaker 7: now we're going to pass the largest tax cuts in

897
00:49:14,600 --> 00:49:17,480
Speaker 7: American history, and that's where we're relying on Mike and

898
00:49:17,600 --> 00:49:22,880
Speaker 7: John Thune. And we will not cut Social Security, Medicare,

899
00:49:23,160 --> 00:49:28,160
Speaker 7: or Medicaid benefits, and the Democrats will because if they

900
00:49:28,200 --> 00:49:31,360
Speaker 7: got in, the entire economy would collapse. This country is

901
00:49:31,360 --> 00:49:34,880
Speaker 7: heading for a collapse under the people that you saw,

902
00:49:35,719 --> 00:49:38,520
Speaker 7: they were horrible. I think one of the reasons people

903
00:49:38,640 --> 00:49:41,000
Speaker 7: liked the job. I had my highest approval is because

904
00:49:41,280 --> 00:49:45,040
Speaker 7: I think they're comparing me to the worst administration in

905
00:49:45,080 --> 00:49:46,240
Speaker 7: the history of our country.

906
00:49:46,239 --> 00:49:47,520
Speaker 5: So I appreciate that at.

907
00:49:47,480 --> 00:49:51,880
Speaker 7: Least, but Speaker of the House Mike Johnson and Senate

908
00:49:51,960 --> 00:49:56,680
Speaker 7: Majority Leader appreciate it. Mike john Thune have been fantastic,

909
00:49:56,760 --> 00:50:01,160
Speaker 7: by the way, but they've been working entirely on taking

910
00:50:01,200 --> 00:50:04,479
Speaker 7: the next step to pass the plan for our one

911
00:50:04,760 --> 00:50:07,839
Speaker 7: big beautiful Bill, I'd like to name it that if

912
00:50:07,880 --> 00:50:10,600
Speaker 7: you can, one big beauty. I made that statement about

913
00:50:10,640 --> 00:50:13,439
Speaker 7: six months ago, and everybody calls it one big beautiful bill,

914
00:50:13,960 --> 00:50:16,239
Speaker 7: and it will be that. It'll have everything, the big

915
00:50:16,280 --> 00:50:21,399
Speaker 7: tax cuts and every incentive there is, and it'll be fantastic.

916
00:50:21,440 --> 00:50:23,680
Speaker 7: And by the way, for the cars, we're asking for

917
00:50:24,280 --> 00:50:25,320
Speaker 7: an interest.

918
00:50:24,960 --> 00:50:25,960
Speaker 5: Deduction on the loan.

919
00:50:26,080 --> 00:50:28,800
Speaker 7: So if you build the car only in America, we

920
00:50:28,920 --> 00:50:31,000
Speaker 7: do it, Brian. If the car's not built in America,

921
00:50:31,040 --> 00:50:33,880
Speaker 7: you don't get the interest rate deduction. But if you

922
00:50:34,560 --> 00:50:36,520
Speaker 7: build the car in America, if you buy a car,

923
00:50:36,560 --> 00:50:39,880
Speaker 7: if it's built in America, then you get an interest

924
00:50:40,000 --> 00:50:44,359
Speaker 7: rate deduction, tax deduction. And that's a big thing. It's

925
00:50:44,400 --> 00:50:45,719
Speaker 7: going to be a big thing. I think that's going

926
00:50:45,760 --> 00:50:48,560
Speaker 7: to pay for itself very quickly. That deduction never happened.

927
00:50:48,760 --> 00:50:51,200
Speaker 7: We've never had anything like that before. Somebody said, way,

928
00:50:51,239 --> 00:50:53,120
Speaker 7: do you get the idea because it's so basic. You

929
00:50:53,120 --> 00:50:55,040
Speaker 7: would think that would have happened a long time ago.

930
00:50:55,719 --> 00:50:59,040
Speaker 7: It never did, and I'm very happy it didn't because

931
00:50:59,400 --> 00:51:03,600
Speaker 7: now I can That was my idea. But we're going

932
00:51:03,640 --> 00:51:07,239
Speaker 7: to get us closer to the debt extension. We have

933
00:51:07,280 --> 00:51:09,520
Speaker 7: to get the debt extension passed, and I know you're

934
00:51:09,520 --> 00:51:11,120
Speaker 7: going to be able to do that, Mike, and it's

935
00:51:11,239 --> 00:51:13,759
Speaker 7: very important that you do that and all of the

936
00:51:13,800 --> 00:51:16,960
Speaker 7: other things that the Senate Budget Plan gives us along

937
00:51:17,000 --> 00:51:19,799
Speaker 7: with working Because I know they're working together, John and Mike,

938
00:51:20,560 --> 00:51:22,880
Speaker 7: and the two bills are going very well together. We

939
00:51:23,000 --> 00:51:27,040
Speaker 7: need to get our shared priorities done, including certain permanent

940
00:51:27,120 --> 00:51:29,640
Speaker 7: tax cuts. We want the tax cuts to be permanent,

941
00:51:29,719 --> 00:51:34,360
Speaker 7: spending cuts, energy, and historic investments in defense, border, and

942
00:51:34,719 --> 00:51:38,719
Speaker 7: so much more. We're covering everything. These will be phenomenal.

943
00:51:38,800 --> 00:51:41,040
Speaker 7: There'll be no bill like it. It's going to straighten

944
00:51:41,200 --> 00:51:43,879
Speaker 7: One bill is going to straighten out our country for many,

945
00:51:43,920 --> 00:51:46,640
Speaker 7: many years to come. And we said, let's just do it,

946
00:51:46,680 --> 00:51:49,880
Speaker 7: and let's get it done. And some guys will love it,

947
00:51:49,920 --> 00:51:51,839
Speaker 7: and some guys will like it a little bit less

948
00:51:51,880 --> 00:51:55,080
Speaker 7: because they're not getting what they were exactly looking for,

949
00:51:55,160 --> 00:51:57,480
Speaker 7: but they're getting a lot. They'll never If we get

950
00:51:57,480 --> 00:52:00,719
Speaker 7: this done, it'll be the most incredible double bill ever

951
00:52:00,800 --> 00:52:05,520
Speaker 7: passed in the history of our Congress and Senate and congressmen.

952
00:52:05,560 --> 00:52:08,160
Speaker 7: The Senators and the congressmen, many of whom are here today,

953
00:52:08,480 --> 00:52:10,879
Speaker 7: will be very proud of themselves. I really believe that

954
00:52:11,239 --> 00:52:14,280
Speaker 7: it's going to set us on a whole new prosperous path.

955
00:52:14,800 --> 00:52:17,840
Speaker 7: We're going to cut spending and right size the budget

956
00:52:17,960 --> 00:52:19,120
Speaker 7: back to where it should be.

957
00:52:19,200 --> 00:52:24,160
Speaker 5: We're going to do that very strong. Thank you, Rick,

958
00:52:24,280 --> 00:52:26,840
Speaker 5: thank you, John, thank you. Oh look at all of

959
00:52:26,840 --> 00:52:27,799
Speaker 5: our senators over.

960
00:52:28,600 --> 00:52:31,759
Speaker 7: Oh boy, that's a nice group of people, but I

961
00:52:31,760 --> 00:52:33,480
Speaker 7: won't like them so much if they don't get this

962
00:52:33,560 --> 00:52:38,120
Speaker 7: bill done out. That's a great group. And Congressman, thank

963
00:52:38,160 --> 00:52:41,560
Speaker 7: you very much. I appreciate it, tremendous people. The Senate

964
00:52:41,600 --> 00:52:45,480
Speaker 7: plan is my complete and total support, and the House

965
00:52:45,520 --> 00:52:49,000
Speaker 7: plan likewise, is very similar. They're moving along pretty much

966
00:52:49,040 --> 00:52:51,040
Speaker 7: at the same clip. And as soon as you're ready,

967
00:52:51,080 --> 00:52:52,480
Speaker 7: you'll show it to me, and I'm sure it'll have

968
00:52:52,520 --> 00:52:53,080
Speaker 7: my support.

969
00:52:53,160 --> 00:52:53,359
Speaker 3: Mink.

970
00:52:54,000 --> 00:52:58,720
Speaker 7: Every Republican congressman and senator must unify. We have to unify.

971
00:52:58,800 --> 00:53:01,719
Speaker 7: We can't be separated. We have to get it done.

972
00:53:01,760 --> 00:53:04,400
Speaker 7: We have to get absolutely everything we can, and we

973
00:53:04,480 --> 00:53:06,480
Speaker 7: have to take care of the American people. That's the

974
00:53:06,520 --> 00:53:08,600
Speaker 7: only thing that matters. We have to take care of

975
00:53:08,640 --> 00:53:12,840
Speaker 7: the American people first. We need to pass this bill immediately,

976
00:53:12,880 --> 00:53:16,400
Speaker 7: get it done, including debt extension. From this day on,

977
00:53:16,600 --> 00:53:19,520
Speaker 7: We're not going to let anyone tell us that American

978
00:53:19,600 --> 00:53:22,640
Speaker 7: workers and families cannot have the future that they deserve.

979
00:53:23,400 --> 00:53:27,840
Speaker 7: We're going to produce the cars and ships, chips, airplanes, minerals,

980
00:53:27,880 --> 00:53:31,400
Speaker 7: and medicines that we need right here in America. The

981
00:53:31,520 --> 00:53:35,040
Speaker 7: pharmaceutical companies are going to become roaring back. They're coming

982
00:53:35,160 --> 00:53:38,640
Speaker 7: roaring back. They're all coming back to our country because

983
00:53:38,680 --> 00:53:40,600
Speaker 7: if they don't, they got a big tax to pay.

984
00:53:41,040 --> 00:53:44,440
Speaker 7: And if they do, I'll be very happy, and you're

985
00:53:44,440 --> 00:53:45,800
Speaker 7: going to be very happy, and you're going to be

986
00:53:45,920 --> 00:53:49,840
Speaker 7: very safe. We're going to build our future with American hands,

987
00:53:49,880 --> 00:53:52,879
Speaker 7: with American heart, American steel, and we're going to build

988
00:53:52,880 --> 00:53:56,440
Speaker 7: it with American pride like we used to. We're approaching

989
00:53:56,480 --> 00:54:00,400
Speaker 7: our one hundredth day as president and have been given

990
00:54:00,480 --> 00:54:04,920
Speaker 7: credit by a lot of people, actually even some of

991
00:54:04,960 --> 00:54:07,719
Speaker 7: the fake news can you believe it, which in this

992
00:54:07,800 --> 00:54:11,000
Speaker 7: case hopefully isn't fake, for having done more in that

993
00:54:11,160 --> 00:54:14,960
Speaker 7: time than any other administration in the history of our country.

994
00:54:15,000 --> 00:54:16,960
Speaker 7: In the first one hundred days, I think we've had

995
00:54:17,000 --> 00:54:20,120
Speaker 7: an amazing in terms of what we've done, what we've

996
00:54:20,160 --> 00:54:23,359
Speaker 7: gotten accomplished, like to see if we can get that

997
00:54:23,480 --> 00:54:28,000
Speaker 7: war ended and another war from not starting in the

998
00:54:28,040 --> 00:54:28,560
Speaker 7: Middle East.

999
00:54:29,200 --> 00:54:30,320
Speaker 5: We have to get Russia.

1000
00:54:30,360 --> 00:54:33,760
Speaker 7: They're losing two thousand, on average, two thousand five hundred

1001
00:54:34,680 --> 00:54:38,440
Speaker 7: people that they young people, soldiers. Russian think of that

1002
00:54:38,880 --> 00:54:43,200
Speaker 7: two thousand five hundred through some days, but on average,

1003
00:54:43,239 --> 00:54:47,160
Speaker 7: probably over about one week period, it's two thousand, seven

1004
00:54:47,239 --> 00:54:52,320
Speaker 7: hundred and twelve. They say they're losing those soldiers, they're dying,

1005
00:54:52,800 --> 00:54:56,360
Speaker 7: they're being decimated, and they're not from our country, but

1006
00:54:56,400 --> 00:55:00,800
Speaker 7: they're from other countries. But they're human beings, from Russia,

1007
00:55:01,120 --> 00:55:03,520
Speaker 7: from Ukraine in this period, most of them.

1008
00:55:04,239 --> 00:55:05,680
Speaker 5: And we're going to get it stopped.

1009
00:55:05,719 --> 00:55:08,000
Speaker 7: It's a senseless war that would have never happened if

1010
00:55:08,000 --> 00:55:08,840
Speaker 7: I was president.

1011
00:55:08,880 --> 00:55:14,600
Speaker 5: That it shouldn't be allowed to go on. And I

1012
00:55:14,640 --> 00:55:15,320
Speaker 5: think we're.

1013
00:55:15,200 --> 00:55:19,279
Speaker 7: Being given good cooperation by Russia and by Ukraine, but

1014
00:55:19,320 --> 00:55:22,360
Speaker 7: we have to get it stopped. It's humanity, it's humanity.

1015
00:55:22,360 --> 00:55:26,800
Speaker 7: It's a terrible thing. This will be a very big moment.

1016
00:55:26,880 --> 00:55:28,759
Speaker 7: I think you're going to remember today. It's going to

1017
00:55:28,800 --> 00:55:31,480
Speaker 7: be a free nation that we're dealing with. We're going

1018
00:55:31,560 --> 00:55:34,719
Speaker 7: to have a very free and beautiful nation. It's going

1019
00:55:34,760 --> 00:55:37,840
Speaker 7: to be Liberation Day in America, and it's going to

1020
00:55:37,840 --> 00:55:40,160
Speaker 7: be a day that, hopefully you're going to look back

1021
00:55:40,239 --> 00:55:42,200
Speaker 7: in years to come and you're going to say, you know,

1022
00:55:42,280 --> 00:55:44,160
Speaker 7: he was right. This has turned out to be one

1023
00:55:44,200 --> 00:55:47,360
Speaker 7: of the most important days in the history of our country.

1024
00:55:47,840 --> 00:55:50,600
Speaker 7: God bless you, and God bless America. Thank you, everybody,

1025
00:55:50,719 --> 00:55:53,840
Speaker 7: Thank you very much, Thank you, thank.

1026
00:55:53,600 --> 00:55:54,200
Speaker 5: You very much.

1027
00:56:00,080 --> 00:56:28,000
Speaker 9: Yeah, will everybody's going to just give you a little

1028
00:56:28,080 --> 00:56:28,319
Speaker 9: bit of.

1029
00:56:30,560 --> 00:56:30,799
Speaker 5: Time.

1030
00:56:34,080 --> 00:56:38,080
Speaker 2: We have two documents prepared for all right, guys. One

1031
00:56:38,280 --> 00:56:39,880
Speaker 2: closes what's referred.

1032
00:56:39,480 --> 00:56:40,600
Speaker 5: To as the de minimous loop.

1033
00:56:40,719 --> 00:56:44,080
Speaker 1: We open with them the mike open, all right, Uh,

1034
00:56:44,200 --> 00:56:46,080
Speaker 1: so we're watching the tail end.

1035
00:56:46,120 --> 00:56:50,040
Speaker 2: It took I guess he went on for about fifty

1036
00:56:50,800 --> 00:56:51,400
Speaker 2: two minutes.

1037
00:56:51,440 --> 00:56:55,440
Speaker 1: April second, twenty twenty five, the day we begin to

1038
00:56:55,560 --> 00:56:56,960
Speaker 1: make America wealthy again.

1039
00:56:57,840 --> 00:56:58,120
Speaker 5: Uh.

1040
00:56:58,160 --> 00:57:01,000
Speaker 1: He said, we will indeed be the Golden Age of

1041
00:57:01,040 --> 00:57:04,920
Speaker 1: America starting right now, and went through, you know, different

1042
00:57:05,000 --> 00:57:07,719
Speaker 1: various levels of tariffs that we're going to put on

1043
00:57:07,840 --> 00:57:12,440
Speaker 1: other countries. And I noticed he showed the chart and

1044
00:57:12,480 --> 00:57:14,920
Speaker 1: there were some countries where we're only charging them half

1045
00:57:14,960 --> 00:57:17,240
Speaker 1: the amount that they're charging us.

1046
00:57:17,400 --> 00:57:19,960
Speaker 2: I don't know who we have in our queue. Do

1047
00:57:20,000 --> 00:57:21,640
Speaker 2: we have Ted NuGen? Do we have Brian?

1048
00:57:21,680 --> 00:57:23,360
Speaker 1: Brian's probably he's not going to be able to do

1049
00:57:23,360 --> 00:57:26,000
Speaker 1: it because he's still but let's bring Ted NuGen in

1050
00:57:26,080 --> 00:57:29,040
Speaker 1: just for a second to cap it off. Mister Ted NuGen,

1051
00:57:29,080 --> 00:57:33,600
Speaker 1: your thoughts on this Liberation Day? As Trump said, forever

1052
00:57:33,680 --> 00:57:35,640
Speaker 1: we'll be known as Liberation Day.

1053
00:57:36,520 --> 00:57:39,120
Speaker 3: Well, when this great man speaks, he speaks for the

1054
00:57:39,200 --> 00:57:41,960
Speaker 3: Nugent family. You know, I'm surrounded by great, great Americans

1055
00:57:42,000 --> 00:57:43,800
Speaker 3: that put our heart and sold him to be in

1056
00:57:43,920 --> 00:57:46,120
Speaker 3: the asset column. We want to be in the asset

1057
00:57:46,200 --> 00:57:48,600
Speaker 3: column for our family, our neighborhood, our country of fellow

1058
00:57:48,600 --> 00:57:51,120
Speaker 3: man is certainly a sportsman and hunters for the environment,

1059
00:57:51,640 --> 00:57:54,440
Speaker 3: and Donald Trump represents the best of the best.

1060
00:57:54,480 --> 00:57:54,680
Speaker 5: You know.

1061
00:57:54,760 --> 00:57:58,520
Speaker 3: He talked about how foreign governments were foreign scavengers and

1062
00:57:58,560 --> 00:58:01,080
Speaker 3: how they've been praying upon it. But really the guilty

1063
00:58:01,120 --> 00:58:05,160
Speaker 3: party is Uncle Sam. The guilty party is our failed representation.

1064
00:58:05,640 --> 00:58:07,920
Speaker 3: And so now we've got a guy who's actually seeking

1065
00:58:07,960 --> 00:58:10,160
Speaker 3: reciprocity with the rest of the world. And every point

1066
00:58:10,200 --> 00:58:12,760
Speaker 3: he made, not only he makes me very giddy and

1067
00:58:12,880 --> 00:58:16,400
Speaker 3: very happy, Eric, but makes me even more giddy and

1068
00:58:16,440 --> 00:58:20,440
Speaker 3: more happy that the left and the Marxists and the

1069
00:58:20,600 --> 00:58:25,880
Speaker 3: line media are going to scramble insanely to find fault

1070
00:58:26,240 --> 00:58:30,400
Speaker 3: with the points that irrefutably benefit the quality of life

1071
00:58:30,400 --> 00:58:33,040
Speaker 3: in America. You know, he's talking about the Declaration of

1072
00:58:33,160 --> 00:58:37,120
Speaker 3: Economic Independence. What kind of numb nut would be against that?

1073
00:58:37,240 --> 00:58:39,920
Speaker 3: And he's talking about and my buddy's from Detroit. How

1074
00:58:39,920 --> 00:58:43,920
Speaker 3: about that Motor City articulate representative of the United Auto Workers.

1075
00:58:44,080 --> 00:58:45,240
Speaker 2: Those are my people.

1076
00:58:45,280 --> 00:58:47,600
Speaker 3: I'm the Motor City mad Man, and those are the

1077
00:58:47,640 --> 00:58:50,919
Speaker 3: people that support the working families of this country. They're

1078
00:58:50,960 --> 00:58:54,720
Speaker 3: working hard, playing hard Americans, farmers, ranchers, And here he's

1079
00:58:54,720 --> 00:58:57,040
Speaker 3: talking about how we've been brutalized. I'm a farmer and

1080
00:58:57,080 --> 00:58:59,600
Speaker 3: a rancher and a guitar player. But here in Texas,

1081
00:58:59,640 --> 00:59:02,120
Speaker 3: I got to tell you Eric trying to get through

1082
00:59:02,120 --> 00:59:05,200
Speaker 3: to Governor Abbott, because the Texas Parks and Wildlife they're

1083
00:59:05,280 --> 00:59:09,400
Speaker 3: brutalizing Texas farmers and ranchers with this chronic wasting disease.

1084
00:59:09,520 --> 00:59:09,760
Speaker 5: Lie.

1085
00:59:09,800 --> 00:59:14,600
Speaker 3: They're destroying family ran slaughtering healthy deerherds.

1086
00:59:14,640 --> 00:59:16,320
Speaker 5: So we still have a lot of work to do.

1087
00:59:16,400 --> 00:59:19,720
Speaker 3: But what President Trump brought up represents the heart and

1088
00:59:19,760 --> 00:59:24,680
Speaker 3: soul of thinking, conscientious families in this country that want

1089
00:59:24,680 --> 00:59:28,320
Speaker 3: to make America strong, healthy, wealthy, and great again. It's

1090
00:59:28,360 --> 00:59:29,680
Speaker 3: so simple, it's stupid.

1091
00:59:29,720 --> 00:59:30,800
Speaker 2: Now we're gonna leave right there.

1092
00:59:30,800 --> 00:59:32,560
Speaker 1: I say thank you to Ted News and Motor City

1093
00:59:32,600 --> 00:59:35,640
Speaker 1: mad Man for joining me again for another special hour.

1094
00:59:35,840 --> 00:59:37,880
Speaker 1: Just loved it, loved having you Ted up top and

1095
00:59:37,920 --> 00:59:40,640
Speaker 1: then the backside. Thank you for sticking around. I'd also

1096
00:59:40,720 --> 00:59:43,360
Speaker 1: like to thank Brian Glenn at the White House and

1097
00:59:43,440 --> 00:59:45,160
Speaker 1: can't you have time to jump over to I want

1098
00:59:45,160 --> 00:59:48,360
Speaker 1: to thank him for his early commentary.

1099
00:59:48,360 --> 00:59:50,959
Speaker 2: And I will look to watch what's

1100
00:59:51,000 --> 00:59:53,120
Speaker 1: Going on tonight on the markets, and tomorrow morning we

1101
00:59:53,120 --> 00:59:54,960
Speaker 1: will see how this plays out and hand it off