WEBVTT - Episode 853: President Trump’s 5 Biggest Challenges

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<v Speaker 1>On this episode of News World, I felt that there

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<v Speaker 1>were so many different things going on that talking about

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<v Speaker 1>President Trump's five biggest challenges would really be helpful in

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<v Speaker 1>framing everything the White House is trying to deal with.

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<v Speaker 1>And I got there because it occurred to me. When

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<v Speaker 1>they get up in the morning and they're looking at

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<v Speaker 1>all these different things, they have to keep all these

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<v Speaker 1>balls in the air. They have to remember what they are.

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<v Speaker 1>So the five challenges I want to talk about are,

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<v Speaker 1>first of all, the domestic crisis of who governs. Second,

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<v Speaker 1>the Israeli Iranian War. Third, getting to the big beautiful

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<v Speaker 1>Bill and getting it signed. Fourth, dealing with the Russia

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<v Speaker 1>Ukraine fight, which continues to go on, and five the

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<v Speaker 1>challenge of reshaping the entire world trade system through tariffs.

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<v Speaker 1>And I think if you look at the five and

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<v Speaker 1>you think, you know, President Trump has to keep all

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<v Speaker 1>five of these in mind all day, it'll give you

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<v Speaker 1>some sense of how much change is underway and how

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<v Speaker 1>really complicated it is. Let me start with what I

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<v Speaker 1>think is going to be a growing domestic crisis. And

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<v Speaker 1>while you might say that it comes out of the

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<v Speaker 1>Los Angeles riots, it's really much bigger than that. There

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<v Speaker 1>have been organized groups who were determined to take on

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<v Speaker 1>the President and the United States government in a direct confrontation.

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<v Speaker 1>You're going to see continued efforts at direct confrontation. And

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<v Speaker 1>you can tell how determined some Democrats are to force

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<v Speaker 1>the confrontation when you watch Senator Padilla try to interrupt

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<v Speaker 1>the Secretary of Homeland Securities press conference to such a

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<v Speaker 1>degree that he gets arrested, handcuffed, and taken out. This

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<v Speaker 1>is a United States senator who deliberately is forcing a confrontation.

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<v Speaker 1>You see this in the calculated strategic decision of Governor

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<v Speaker 1>Newsom of California, who has decided that being the anti

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<v Speaker 1>Trump is his road to get to be the Democratic

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<v Speaker 1>presidential nominee. And there's this very odd coalition of illegal

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<v Speaker 1>immigrants who don't want to be deported, radical groups, and

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<v Speaker 1>a bitterly anti Trump wing of the Democratic Party. And

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<v Speaker 1>if you see those three as a coalition, that's what's

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<v Speaker 1>coming together is that constant sense that each of them

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<v Speaker 1>has a common enemy and it's the Trump administration. And

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<v Speaker 1>that because in their world the Trump administration is seen

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<v Speaker 1>is so bad, anything they do to stop it, or

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<v Speaker 1>disrupt it, or cause a confrontation is to their advantage. Now,

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<v Speaker 1>it's an interesting strategy. It was tried in the nineteen sixties,

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<v Speaker 1>and people tend to forget this, But the period of

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<v Speaker 1>the late nineteen sixties was the largest left wing insurgency

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<v Speaker 1>in modern American history. There were twenty five hundred bombs

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<v Speaker 1>set off. There were a million people surrounding the Pentagon

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<v Speaker 1>at one point. There were police riots in Chicago at

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<v Speaker 1>the Democratic Convention in nineteen sixty eight. There was a

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<v Speaker 1>huge fight at Berkeley where radical students tried to take

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<v Speaker 1>over the campus and literally was an open fight with

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<v Speaker 1>the California State Police, the California National Guard, and at

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<v Speaker 1>one point Governor Reagan, who we now think of as

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<v Speaker 1>a positive, friendly person, but at one point he got

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<v Speaker 1>so angry he said in a speech, it's going to

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<v Speaker 1>take bloodshed. Let's get it over with. There was a

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<v Speaker 1>huge confrontation between all the different elements of the left,

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<v Speaker 1>the anti war left, the anti racism left, the.

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<v Speaker 2>Pro gay rights left.

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<v Speaker 1>All of them came together in the late nineteen sixties

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<v Speaker 1>early nineteen seventies, and the result was the American people,

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<v Speaker 1>when forced to choose, gave President Nexon one of the

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<v Speaker 1>largest majorities in American history. They carried to every state

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<v Speaker 1>except Massachusetts. Again, Reagan, having been very tough with the students,

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<v Speaker 1>ended up getting re elected by a seven point margin

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<v Speaker 1>over the Democrat. So, when forced to choose the American

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<v Speaker 1>people prefer orderly structured government, I think you're going to

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<v Speaker 1>see a continued effort here. And if you think about it,

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<v Speaker 1>it makes perfect sense because when you're dealing with the

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<v Speaker 1>disaster of the Biden immigration policy, which essentially was an open.

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<v Speaker 2>Border, and you have millions and millions.

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<v Speaker 1>Of people here, why would you expect all of them

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<v Speaker 1>to go cheerfully and pleasantly they want to stay here.

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<v Speaker 1>They already broke the law to get here. Why wouldn't

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<v Speaker 1>they break the law to stay here? And if you

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<v Speaker 1>combine that with the radicals, people like Antifa, who had

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<v Speaker 1>kept the city of Portland in turmoil for three years,

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<v Speaker 1>the radicals are always looking for an excuse to be

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<v Speaker 1>out there fighting. They were the people who in many

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<v Speaker 1>ways were very helpful, both in Ferguson were clearly people

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<v Speaker 1>were being bussed in during the riots and Ferguson clearly

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<v Speaker 1>during the summer of twenty twenty, there was a nationwide

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<v Speaker 1>network of people eager to cause trouble, riot and burn

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<v Speaker 1>things down. We do have as an additional point here

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<v Speaker 1>that the Democratic Party, I would say probably sixty percent

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<v Speaker 1>of it, of the elected Democrats, are now so radically

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<v Speaker 1>alienated by Trump that causing confrontation strikes them as reasonable

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<v Speaker 1>because they can't beat him any other way. They're not

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<v Speaker 1>going to beat him in the Senate, They're not going

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<v Speaker 1>to beat him in the House. He's gradually taking over

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<v Speaker 1>the executive branch, which they have dominated for ninety years.

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<v Speaker 1>You see this floundering around. So President Trump's first great

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<v Speaker 1>challenge is to communicate with the country, much like President

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<v Speaker 1>Eisenhower did in the fifties when he sent troops into

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<v Speaker 1>Little Rock, Arkansas, much like President Johnson did when he

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<v Speaker 1>sent troops into Detroit during a riot. He simply has

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<v Speaker 1>to communicate to the country that this this is a

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<v Speaker 1>struggle between the legitimate, constitutional, elected forces of law and

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<v Speaker 1>people who in fact want to seat usurp and take

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<v Speaker 1>over governing America for totally different values and totally different reasons.

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<v Speaker 1>In the short run, it's going to be a mess,

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<v Speaker 1>and the long run, it's almost certain that the American

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<v Speaker 1>people who will believe in support some process of enforcing

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<v Speaker 1>the law in some process of having people who are

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<v Speaker 1>here illegally leave the country. So that's the first great

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<v Speaker 1>challenge and has to spend some time every single day

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<v Speaker 1>dealing with that, because it doesn't go away. They don't say, oh,

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<v Speaker 1>we know you're busy, why don't we come back Thursday.

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<v Speaker 1>Every single day from here until it ends, you're going

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<v Speaker 1>to see some kind of challenge somewhere in America, and

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<v Speaker 1>you're going to see an entire network, some of it

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<v Speaker 1>being the news media. You may remember the reporter in

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<v Speaker 1>Los Angeles who's talking about how happy and friendly people

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<v Speaker 1>looked as cars were burning, which, if you think about

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<v Speaker 1>it's pretty weird. So you're going to have news media

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<v Speaker 1>on the other side, you're going to have an effort

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<v Speaker 1>to paint this and to use it as a device

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<v Speaker 1>to disrupt the momentum of the Trump administration. Momentum which

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<v Speaker 1>I have reported recently in a newsletter means that since

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<v Speaker 1>the election, over a million people have shifted from the

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<v Speaker 1>Democratic Party to the Republican Party, and as of this week,

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<v Speaker 1>a Quinnipiac poll showed the Democrats in the House are

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<v Speaker 1>down to twenty one percent approval, so from their perspective.

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<v Speaker 1>They're desperate to find a way to change the momentum,

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<v Speaker 1>and that has to be ultimately the number one challenge,

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<v Speaker 1>because the president has to be able to govern the

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<v Speaker 1>country in order to have an effective presidency. The second

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<v Speaker 1>big challenge frankly blew up, although people could see it

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<v Speaker 1>coming for months now. President Trump has said to the Iranians,

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<v Speaker 1>why don't we arrange a deal where you give up

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<v Speaker 1>your nuclear weapons program and we'll drop the sanctions. You

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<v Speaker 1>re enter the world of prosperity, you have a great future.

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<v Speaker 1>We don't have any particular reason to fight with you.

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<v Speaker 1>And for months the Iranians have said no, that their

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<v Speaker 1>bottom line is they have to have an ability to

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<v Speaker 1>build nuclear weapons. Well, what that means is that you

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<v Speaker 1>are dealing with a genuine crisis, because remember that this

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<v Speaker 1>particular Iranian dictatorship says publicly that they want to destroy

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<v Speaker 1>Israel and destroy the United States. And the Ayatola Hamenis

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<v Speaker 1>actually gone to national television and reassured the Iranian people

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<v Speaker 1>that these are not just slogans, that their policy is

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<v Speaker 1>to destroy Israel and destroy the United States. So Prime

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<v Speaker 1>Minister Netnahu is the longest serving prime minister in Israeli history.

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<v Speaker 1>He was very patient, watched this for months, and the

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<v Speaker 1>Iranians clearly refused to give up their nuclear program. And

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<v Speaker 1>so the Israelis, who had very long time had a

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<v Speaker 1>plan to do this, had a combined operation. Remember that Mussad,

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<v Speaker 1>which is the Israeli intelligence service, focuses pretty narrowly on

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<v Speaker 1>the survival of Israel, and at that job, it is

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<v Speaker 1>probably the best intelligence service in the world. They perform

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<v Speaker 1>astonishing things. And in the last couple of days we

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<v Speaker 1>now know they infiltrated weapons into Iran so that they

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<v Speaker 1>could take out a variety of missiles, of aircraft, defense

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<v Speaker 1>systems and other things, and they could identify where scientists

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<v Speaker 1>and generals were, so that when some two hundred Israeli

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<v Speaker 1>fighter planes crossed into Iranian airspace, they knew exactly where

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<v Speaker 1>they're going, exactly what they.

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<v Speaker 2>Were going to hit.

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<v Speaker 1>And Prime Minister Netniel who has said publicly and explicitly

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<v Speaker 1>they're going to continue this air campaign until they completely

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<v Speaker 1>destroy any possible nuclear program. So that is an enormous shift.

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<v Speaker 1>You know, Israel has now I think really spurred on

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<v Speaker 1>by the massacres in October two years ago, where they

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<v Speaker 1>were so stunned to realize how vulnerable they were, and

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<v Speaker 1>they were so horrified by the number of people, including

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<v Speaker 1>children and babies, who were killed, and the grotesque hostility

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<v Speaker 1>of women being drag naked through the streets, people behaving,

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<v Speaker 1>rockstrown at them. They methodically set out to destroy Amas,

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<v Speaker 1>which they're still in the process of doing. They broke

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<v Speaker 1>the back of Hezbollah with a series of brilliant intelligence operations.

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<v Speaker 1>So AMAS is on their south, Hesblas in the north

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<v Speaker 1>in Lebanon, and by the way, now that has Bela

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<v Speaker 1>has been shattered, the Lebanese government announced publicly that they

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<v Speaker 1>would not in any way participate in an effort to

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<v Speaker 1>attack Israel. Over this assault in Iran, then the Syrian

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<v Speaker 1>government collapsed. The replacement government, although it's led by somebody

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<v Speaker 1>who we've defined as a terrorist for years, has said

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<v Speaker 1>very clearly they don't want to fight anybody. They just

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<v Speaker 1>want to find a way to rebuild Syria, which has

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<v Speaker 1>been damaged now for almost twenty years by an internal

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<v Speaker 1>civil war. So that front now has been solved, and

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<v Speaker 1>so the great opponent is Iran. Iran is a very

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<v Speaker 1>big country, about twice the size of Texas. Israel's a

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<v Speaker 1>relatively small country, I think about the size of New Jersey.

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<v Speaker 1>So you have a David and Goliath moment. But the

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<v Speaker 1>fact is that the Israelis have extraordinarily competent military in

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<v Speaker 1>an even more competent intelligence service, and my guess is

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<v Speaker 1>that they'll keep pounding on the Iranians, certainly until they've

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<v Speaker 1>destroyed the nuclear program and potentially until they've destroyed the

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<v Speaker 1>regime and allowed the Iranian people to reclaim their own country.

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<v Speaker 1>Every poll I've seen says over eighty percent of the

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<v Speaker 1>Iranian people dislike the regime. But it's a police state,

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<v Speaker 1>and it's ruthless and it will kill you, and so

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<v Speaker 1>they're not able to get rid of it. But I

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<v Speaker 1>suspect if it's weakened enough that in fact it may

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<v Speaker 1>fall and you may see sort of a post Byatola

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<v Speaker 1>Iran in the not distant future. But that's again, that

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<v Speaker 1>means every single day President Trump has to get up

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<v Speaker 1>and get a briefing on his exactly what's going on

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<v Speaker 1>and who's getting involved? Are the Russians going to try

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<v Speaker 1>to get involved? On many ways, Iran has been a

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<v Speaker 1>client state of Russian and the Iranians have sold the

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<v Speaker 1>Russians a huge number of weapons to fight in the

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<v Speaker 1>Ukraine War. Are the Chinese going to try to get involved?

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<v Speaker 1>And pretty hard for them to do. It's a long

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<v Speaker 1>way off and they don't have the kind of deep

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<v Speaker 1>sea naval power we do. Over the next few days,

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<v Speaker 1>we'll see how things evolve. What's impressive is that all

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<v Speaker 1>of the Arab states, there's nobody defending Iran. The Saudis

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<v Speaker 1>are terrified of the Iranians, the UAE is terrified of

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<v Speaker 1>the Iranians. They probably deep down are pretty happy and

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<v Speaker 1>hope these willies will finish the job. But that's the

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<v Speaker 1>second challenge. So on the one sound front, President Trump

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<v Speaker 1>has to look at home and deal with real opposition

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<v Speaker 1>and real hostility. On a second front, he has to

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<v Speaker 1>try to manage what's going on in the Middle East,

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<v Speaker 1>and one try to keep the Americans out of it,

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<v Speaker 1>which they've done a good job so far. Secretary Marco

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<v Speaker 1>Rubio has a Secretary of State, has been very clear

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<v Speaker 1>that we're not going to pick a fight with Iran

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<v Speaker 1>unless the Iranians pick a fight with us.

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<v Speaker 2>So that's a second challenge.

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<v Speaker 1>The third challenge, in some ways, the definition of the

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<v Speaker 1>success of this administration is the big beautiful bill that's

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<v Speaker 1>currently in the Senate that passed the House, and you

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<v Speaker 1>probably notice that as a second step, they passed in

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<v Speaker 1>the House the Recision Bill to cut nine billion dollars

0:13:32.320 --> 0:13:35.640
<v Speaker 1>in spending, which was a very direct, very specific cut

0:13:36.080 --> 0:13:39.840
<v Speaker 1>they are now negotiating. There are a number of people

0:13:39.880 --> 0:13:43.120
<v Speaker 1>who want really deep cuts. The fact is they can't

0:13:43.120 --> 0:13:45.560
<v Speaker 1>get really deep cuts beyond what's in the current build

0:13:45.559 --> 0:13:48.120
<v Speaker 1>that came out of the House because the House majority

0:13:48.160 --> 0:13:51.960
<v Speaker 1>is so narrow that they'll lose the Moderates and the

0:13:52.000 --> 0:13:54.440
<v Speaker 1>Water simply won't vote for really really deep cuts. On

0:13:54.480 --> 0:13:56.720
<v Speaker 1>the other hand, if you think of this as the

0:13:56.760 --> 0:13:58.800
<v Speaker 1>first in a series of bills, and I try to

0:13:58.800 --> 0:14:01.719
<v Speaker 1>remind everyone that when we balance the budget, will I

0:14:01.720 --> 0:14:04.000
<v Speaker 1>have a speaker. We didn't do it in one bill.

0:14:04.280 --> 0:14:06.640
<v Speaker 1>Took us four years of constant work to get to

0:14:06.640 --> 0:14:09.240
<v Speaker 1>a balanced budget. So I think there's going to be

0:14:09.280 --> 0:14:12.200
<v Speaker 1>a very big effort made, particularly by Speaker Mike Johnson,

0:14:12.600 --> 0:14:15.280
<v Speaker 1>to figure out a formula so that the people who

0:14:15.280 --> 0:14:18.400
<v Speaker 1>want real deep cuts are going to have a chance

0:14:18.440 --> 0:14:21.360
<v Speaker 1>to get them, but not in this bill. This bill

0:14:21.400 --> 0:14:24.360
<v Speaker 1>has to remain pretty close I would say ninety five

0:14:24.440 --> 0:14:26.320
<v Speaker 1>ninety six percent of what came out of the House,

0:14:26.600 --> 0:14:28.320
<v Speaker 1>because it has to go back through the House again,

0:14:28.600 --> 0:14:31.680
<v Speaker 1>and they simply don't have the margin. Something as simple

0:14:32.160 --> 0:14:36.160
<v Speaker 1>as passing the recision cuts about nine point two billion dollars.

0:14:36.480 --> 0:14:39.480
<v Speaker 1>They only passed it by a two vote margin. So

0:14:39.560 --> 0:14:42.840
<v Speaker 1>I think it's really important to recognize that this is

0:14:43.160 --> 0:14:46.080
<v Speaker 1>going to be a continuing challenge. If I were betting

0:14:46.480 --> 0:14:48.760
<v Speaker 1>the bill will pass, it will be signed into law,

0:14:49.160 --> 0:14:52.280
<v Speaker 1>it'll be a huge tax cut, a huge deregulation bill,

0:14:52.600 --> 0:14:56.000
<v Speaker 1>and a modest cut in spending. But it will only

0:14:56.040 --> 0:15:00.840
<v Speaker 1>happen because the President personally gets involved, listen to everybody,

0:15:01.080 --> 0:15:04.800
<v Speaker 1>and gradually helps hammer out an agreement that everybody can

0:15:04.880 --> 0:15:08.040
<v Speaker 1>vote for. So here you have the president who already

0:15:08.080 --> 0:15:11.320
<v Speaker 1>has to pay attention to the domestic challenge of people

0:15:11.360 --> 0:15:14.560
<v Speaker 1>who want to take on the American government. He has

0:15:14.600 --> 0:15:17.280
<v Speaker 1>to deal with what's happening between Israel and Iran, and

0:15:17.320 --> 0:15:19.680
<v Speaker 1>then he has to find the energy and the time

0:15:20.120 --> 0:15:22.920
<v Speaker 1>to negotiate with Senators and then to negotiate with the House,

0:15:23.280 --> 0:15:25.560
<v Speaker 1>and to find a way creatively to get to a

0:15:25.560 --> 0:15:28.000
<v Speaker 1>bill everybody can vote for. I think they'll get it done,

0:15:28.320 --> 0:15:31.000
<v Speaker 1>but imagine the amount of time and the level of effort.

0:15:31.000 --> 0:15:34.600
<v Speaker 1>When we got to the balanced budget agreement with Bill Clinton,

0:15:35.040 --> 0:15:38.800
<v Speaker 1>we spent thirty five days face to face. Now imagine

0:15:38.840 --> 0:15:40.840
<v Speaker 1>what a drain of time and energy that is for

0:15:40.880 --> 0:15:43.320
<v Speaker 1>a president who already has all these other things on

0:15:43.320 --> 0:15:48.600
<v Speaker 1>his plate. The fourth great challenge is the Russian Ukrainian War,

0:15:49.280 --> 0:15:53.280
<v Speaker 1>and here I think President Trump has been deeply disappointed.

0:15:54.000 --> 0:15:56.240
<v Speaker 1>I think he looked back on his first term when

0:15:56.240 --> 0:15:59.040
<v Speaker 1>he had a good relationship with Putin and he thought,

0:15:59.200 --> 0:16:02.280
<v Speaker 1>somehow they could work something out easily, and I think

0:16:02.320 --> 0:16:03.880
<v Speaker 1>he honestly believed he could get to.

0:16:03.800 --> 0:16:05.680
<v Speaker 2>A peace agreement in a few days.

0:16:06.080 --> 0:16:11.280
<v Speaker 1>He's gradually learning that, in fact, Putin has decided that

0:16:11.400 --> 0:16:14.920
<v Speaker 1>this is the capstone of his life, that he is

0:16:14.960 --> 0:16:17.840
<v Speaker 1>the man who is going to reunify the Russian Empire,

0:16:18.400 --> 0:16:20.720
<v Speaker 1>and that the key step for that is to crush

0:16:20.840 --> 0:16:23.680
<v Speaker 1>Ukraine so that it in fact cannot survive as a

0:16:23.680 --> 0:16:27.520
<v Speaker 1>independent country, and so much a definition of his life

0:16:28.240 --> 0:16:31.040
<v Speaker 1>that he's not backing down. And I think my sense

0:16:31.160 --> 0:16:35.520
<v Speaker 1>is that President Trump has been very disappointed that the

0:16:35.600 --> 0:16:40.520
<v Speaker 1>inability to get Putin to take seriously finding a way

0:16:40.560 --> 0:16:43.640
<v Speaker 1>to get to a peaceful solution, and what Putin basically

0:16:43.760 --> 0:16:46.360
<v Speaker 1>is gambling on is that while they talk that the

0:16:46.400 --> 0:16:49.960
<v Speaker 1>Russian military, which is about four or five times bigger

0:16:49.960 --> 0:16:53.360
<v Speaker 1>than the Ukrainian military, that it will gradually wear out

0:16:53.400 --> 0:16:56.760
<v Speaker 1>the Ukrainian military and win a crushing military victory. Now

0:16:57.160 --> 0:16:59.320
<v Speaker 1>there's not much evidence yet that that's going to happen.

0:17:00.040 --> 0:17:03.120
<v Speaker 1>Ukrainians have turned out to be very inventive. They've always

0:17:03.160 --> 0:17:06.479
<v Speaker 1>been a center of manufacturing in the Soviet Union. They

0:17:06.480 --> 0:17:09.439
<v Speaker 1>have lots of engineers and lots of capable people, and

0:17:09.480 --> 0:17:12.600
<v Speaker 1>they've been very inventive. They drove the Russian Black Sea

0:17:12.640 --> 0:17:14.720
<v Speaker 1>fleet out of the Black Sea into the Cia of

0:17:14.720 --> 0:17:18.480
<v Speaker 1>Azov because they've developed a series of drones that could

0:17:18.520 --> 0:17:22.200
<v Speaker 1>sink ships. See, you have a five thousand dollars drone

0:17:22.800 --> 0:17:25.800
<v Speaker 1>and a sixty million dollar cruiser, and the drone would

0:17:25.800 --> 0:17:29.040
<v Speaker 1>beat the cruiser. The Russians just gave up. They pulled

0:17:29.080 --> 0:17:31.960
<v Speaker 1>back to get out of range. The recent effort by

0:17:31.960 --> 0:17:36.119
<v Speaker 1>the Ukrainians to hit the Russian strategic bombers, some of

0:17:36.119 --> 0:17:40.240
<v Speaker 1>them thirty four hundred miles away from Kiev has amazing achievements,

0:17:40.240 --> 0:17:43.000
<v Speaker 1>an achievement comparable to some of the things the Israelis

0:17:43.000 --> 0:17:44.720
<v Speaker 1>have done. So that's going to.

0:17:44.680 --> 0:17:46.600
<v Speaker 2>Continue to go on. The question.

0:17:46.840 --> 0:17:50.080
<v Speaker 1>In my mind, the Europeans are going to stand firm

0:17:50.280 --> 0:17:53.959
<v Speaker 1>because the Europeans genuinely do believe that Ukraine is the

0:17:54.000 --> 0:17:57.359
<v Speaker 1>barrier that protects them from Putin and protects them from Russia.

0:17:57.840 --> 0:18:01.199
<v Speaker 1>It's not clear to meident Trump comes down in this.

0:18:01.840 --> 0:18:05.760
<v Speaker 1>He wants peace. He's also very worried about nuclear war.

0:18:06.640 --> 0:18:10.320
<v Speaker 1>Somehow people convinced him in this first term just how

0:18:10.359 --> 0:18:13.640
<v Speaker 1>truly horrible a nuclear war would be. Putin does have

0:18:13.720 --> 0:18:16.800
<v Speaker 1>six thousand nuclear weapons, and so I think the president,

0:18:17.200 --> 0:18:20.639
<v Speaker 1>while he's more aggressive than Joe Biden was, he's still

0:18:20.680 --> 0:18:23.960
<v Speaker 1>careful because he doesn't want to push Putin into a

0:18:24.000 --> 0:18:27.560
<v Speaker 1>corner where he decides that tactical nuclear weapons are better

0:18:27.640 --> 0:18:30.359
<v Speaker 1>than being defeated. I think that this will go on

0:18:30.440 --> 0:18:32.919
<v Speaker 1>for a while. I think it's a great disappointment to

0:18:32.920 --> 0:18:36.320
<v Speaker 1>President Trump. I think he really did, sincerely believe he

0:18:36.359 --> 0:18:38.640
<v Speaker 1>could get to a truce and it just didn't quite

0:18:38.720 --> 0:18:42.080
<v Speaker 1>work out. So that's the fourth problem. Again. Put yourself

0:18:42.119 --> 0:18:44.720
<v Speaker 1>in President Trump's position. You wake up in the morning,

0:18:45.080 --> 0:18:47.280
<v Speaker 1>you look at home to see what's happening in terms

0:18:47.280 --> 0:18:49.920
<v Speaker 1>of unrest. Then you look to Israel Iran to see

0:18:49.920 --> 0:18:52.320
<v Speaker 1>how that campaign's going. Then you come back and look

0:18:52.359 --> 0:18:54.160
<v Speaker 1>at the Congress to see what has to get done

0:18:54.440 --> 0:18:57.879
<v Speaker 1>to move towards passing this huge important legislation. Then you

0:18:57.960 --> 0:19:01.480
<v Speaker 1>pivot and you're looking at Russia and Ukraine. And then finally,

0:19:01.960 --> 0:19:06.560
<v Speaker 1>the fifth grade challenge is fundamental effort by President Trump

0:19:07.040 --> 0:19:11.240
<v Speaker 1>to reorder the entire world trading system. The trading system

0:19:11.240 --> 0:19:14.600
<v Speaker 1>had grown up as a global system in which the

0:19:14.680 --> 0:19:18.199
<v Speaker 1>United States sacrificed a great deal economically in order to

0:19:18.280 --> 0:19:22.239
<v Speaker 1>sustain an open trading system around the whole planet, and

0:19:22.440 --> 0:19:25.479
<v Speaker 1>other countries learned to take enormous advantage of this, and

0:19:25.560 --> 0:19:28.719
<v Speaker 1>so over a period of about thirty years, the system

0:19:28.760 --> 0:19:31.439
<v Speaker 1>became more and more destructive for the United States and

0:19:31.520 --> 0:19:35.439
<v Speaker 1>more and more positive for Europe and particularly China. And

0:19:35.520 --> 0:19:37.560
<v Speaker 1>Trump came along, and he had talked about this a

0:19:37.560 --> 0:19:39.439
<v Speaker 1>lot back when he was a businessman, so this was

0:19:39.480 --> 0:19:42.600
<v Speaker 1>not some new theme to him. But he came along

0:19:42.600 --> 0:19:45.080
<v Speaker 1>and said, look, we're going to simply have to change

0:19:45.080 --> 0:19:47.760
<v Speaker 1>the agreement. We're the largest market in the world. We

0:19:47.800 --> 0:19:50.479
<v Speaker 1>ought to have the most leverage. People ought to in

0:19:50.480 --> 0:19:54.000
<v Speaker 1>fact be paying us for access to our market, and

0:19:54.040 --> 0:19:56.760
<v Speaker 1>we should not be allowing ourselves to be taken advantage of.

0:19:57.280 --> 0:20:01.359
<v Speaker 1>So he has begun to build a tariff Bay East system,

0:20:01.720 --> 0:20:04.919
<v Speaker 1>which ultimately leads to bilateral that is, one country to

0:20:04.960 --> 0:20:08.520
<v Speaker 1>one country agreements across the whole planet. It is an

0:20:08.720 --> 0:20:12.479
<v Speaker 1>enormous undertaking. The truth is virtually every country wants to

0:20:12.520 --> 0:20:15.880
<v Speaker 1>get into the American market. You're seeing a huge increase

0:20:15.920 --> 0:20:19.679
<v Speaker 1>in manufacturing in the US by countries where their companies

0:20:19.720 --> 0:20:21.840
<v Speaker 1>have just decided in order to be able to be productive,

0:20:21.840 --> 0:20:24.120
<v Speaker 1>they've got to be in the United States. And you're

0:20:24.119 --> 0:20:27.640
<v Speaker 1>going to see every country negotiate a unique, separate deal.

0:20:27.640 --> 0:20:31.840
<v Speaker 1>It's a very large change from the multinational system that

0:20:31.920 --> 0:20:33.840
<v Speaker 1>had grown up and that had been kind of a

0:20:33.880 --> 0:20:37.200
<v Speaker 1>global trading system, but one in which everybody else took

0:20:37.200 --> 0:20:40.080
<v Speaker 1>advantage the United States. Working all that out is going

0:20:40.119 --> 0:20:42.520
<v Speaker 1>to take several years. So again you have President has

0:20:42.560 --> 0:20:45.520
<v Speaker 1>to meet with Secretary Treasury Vessent and others, sit down

0:20:45.560 --> 0:20:47.919
<v Speaker 1>and look at each of these agreements, decide, you know,

0:20:47.920 --> 0:20:51.200
<v Speaker 1>what happens with the European Union, what happens with Japan,

0:20:51.320 --> 0:20:53.840
<v Speaker 1>what happens with China, on and on for about one

0:20:53.920 --> 0:20:55.160
<v Speaker 1>hundred and ninety countries.

0:20:55.840 --> 0:20:57.600
<v Speaker 2>So to wrap all of this up.

0:20:57.760 --> 0:21:00.720
<v Speaker 1>I think the five biggest challenges present and Trump faces

0:21:00.800 --> 0:21:02.960
<v Speaker 1>right now, and the way he has to balance his

0:21:03.119 --> 0:21:08.240
<v Speaker 1>energy and his focus are first, re establishing domestic order

0:21:08.680 --> 0:21:12.560
<v Speaker 1>while we in fact do solve the problem of illegal immigration. Second,

0:21:12.880 --> 0:21:16.040
<v Speaker 1>ensuring that Israel wins the war with Iran and ideally

0:21:16.080 --> 0:21:18.520
<v Speaker 1>that we help the Iranian people take control of their

0:21:18.520 --> 0:21:22.240
<v Speaker 1>government again. Third, getting the big beautiful bill through the

0:21:22.280 --> 0:21:25.360
<v Speaker 1>House and Senate and signed into law this summer so

0:21:25.400 --> 0:21:27.640
<v Speaker 1>that the American people have money in their pocket so

0:21:27.680 --> 0:21:32.080
<v Speaker 1>the economy starts booming by early next year. Fourth, sustaining

0:21:32.080 --> 0:21:37.040
<v Speaker 1>the Ukrainians, pressuring putin potentially going towards something like Senator

0:21:37.080 --> 0:21:40.000
<v Speaker 1>Lindsey Graham's sanctions bill, which has eighty five sponsors in

0:21:40.040 --> 0:21:42.720
<v Speaker 1>the Senate and which would be imposed very very harsh

0:21:42.800 --> 0:21:45.920
<v Speaker 1>sanctions on Russia, and try to basically bankrupt the government.

0:21:46.240 --> 0:21:49.800
<v Speaker 1>And then finally continue day by day negotiate the tariff

0:21:49.800 --> 0:21:53.760
<v Speaker 1>agreements with Fortunately somebody is smart and as capable as

0:21:53.800 --> 0:21:57.200
<v Speaker 1>Secretary Bessen taking the lead. It is a big agenda,

0:21:57.400 --> 0:22:00.919
<v Speaker 1>It is an exhausting agenda, and I think, frankly, I

0:22:00.920 --> 0:22:03.720
<v Speaker 1>don't know of any other president who could carry simultaneously

0:22:04.119 --> 0:22:07.360
<v Speaker 1>as many different challenges as President Trump, and I think

0:22:07.400 --> 0:22:09.600
<v Speaker 1>it will be fascinating to see how it evolves, and

0:22:09.680 --> 0:22:12.200
<v Speaker 1>in future weeks I'll report again on how I see

0:22:12.240 --> 0:22:13.440
<v Speaker 1>this whole process evolving.

0:22:16.800 --> 0:22:17.720
<v Speaker 2>Thank you for listening.

0:22:17.960 --> 0:22:21.480
<v Speaker 1>Newtsworld is produced by Gangris Street sixty and iHeartMedia. Our

0:22:21.520 --> 0:22:25.360
<v Speaker 1>executive producers guard Zie Sloan. Our researcher is Rachel Peterson.

0:22:25.720 --> 0:22:28.560
<v Speaker 1>The artwork for the show was created by Steve Penley.

0:22:28.960 --> 0:22:31.639
<v Speaker 1>Special thanks to the team at Gingrishtree sixty. If you've

0:22:31.680 --> 0:22:34.480
<v Speaker 1>been enjoying Newtsworld, I hope you'll go to Apple Podcast

0:22:34.800 --> 0:22:37.119
<v Speaker 1>and both rate us with five stars and give us

0:22:37.160 --> 0:22:39.639
<v Speaker 1>a review so others can learn what it's all about.

0:22:40.040 --> 0:22:42.840
<v Speaker 1>Right now, listeners of Newtsworld can sign up for my

0:22:42.960 --> 0:22:47.400
<v Speaker 1>three free weekly columns at gangrishtreet sixty dot com slash newsletter.

0:22:47.960 --> 0:23:00.560
<v Speaker 2>I'm newt Gingrich. This is Newtsworld.