Episode 4216: President Trump Addresses Davos
Episode Stats
Length
1 hour and 4 minutes
Words per Minute
161.71909
Summary
World leaders are gathered in Davos, Switzerland for the World Economic Forum, or WEF, which is one of the world's largest and most important gatherings of global leaders. President Trump is due to speak at the opening of the event, and we're here to break it down.
Transcript
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I see a very important role for GCC countries to stabilize the rest of the region, and there
00:00:09.680
is massive engagement when I think about Egypt.
00:00:13.760
I cannot think about Egypt without the role that the Saudis Emirates are playing.
00:00:20.040
We're waiting for the President of the United States.
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Hopefully the President doesn't stick to his prepared remarks.
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I would love and I hope that President Trump goes off script and goes full Trump on him.
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I mean, no better group needs to be awakened, you know, give them a head slap like in the
00:00:44.460
National Football League at the opening of the game, make sure they're paying attention.
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So we're going to cut back to Davos live when that happens.
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I want to jump in here and I'll go back to Larry.
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I want people to understand the structure of Davos.
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We took the cut earlier from a panel, and then you have some individual talks.
00:01:10.380
You have been the manifestation and the power of the ideas of the Trump movement, the power
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of the MAGA movement, a counter-narrative to the neoliberal, neocon, globalists that have
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run the United States for God knows how long, decade after decade after decade.
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That's why we give you actionable information here at the War Room.
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They have, you know, like Larry just showed you, big picture ideas about the personhood
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Walk us through everything that kind of goes on at Davos.
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Walk us through what it's like to have a day at Davos, ma'am.
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Well, as you mentioned, there are multiple panels going on at the same time, which makes
00:02:02.300
it quite hard, you know, to cover live because you can't have, you know, you can't be watching
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But right now, I think there are four or five panels going on, to give you an example.
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I think the first panel starts at 8 or 8.30 and it runs until about 6 p.m.
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And as I mentioned, you know, several times before, this is very much the PR operation
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This is where they get to share with the public what their plans are, what they're working
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And you have, you know, some of the most important, well, that's a misnomer, but the most important
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minions of the globalist cult that come to share the messaging with us, the plebs.
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And just to name a few examples, but you had, you know, world leaders, you had Zelensky, you
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had Prime Minister of Spain, as I mentioned, you had the Chancellor of Germany, you had Ursula
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Obviously, like every year, the UN Secretary General, Antonio Guterres, and United Nations
00:03:20.280
Secretary General, Tedros Ghebreyesus, Director General of the WHO, was supposed to speak
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Mark Ruta, the newly appointed Secretary General of NATO, as well, was here and participated in
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several panels, as did Al Gore, touting his nonsense and fake data about climate change
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So, you know, when they talk about misinformation and disinformation, speaking specifically about
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Al Gore, he represents, you know, he's the epitome of sharing misinformation and disinformation,
00:04:03.300
Well, hold on, the President is coming to talk about a new golden age, let's be very
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specific, this is the first I heard of the WHO, two major announcements in the first 24
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hours, we're pulling out of the Paris Climate Accord, and hey, we started this back in 2017,
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and it was a heavy lift then, but the President's seeing it through since it got blunted at the
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end of his administration, first term, and Biden went all in.
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Also, we pulled out of the World Health Organization, does that have any, without the United States,
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underwriting, signing the checks and paying for it, the World Health Organization collapses?
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And what's been the response of Trump, telling the globalists, where President Trump's just
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about, he's Klaus Schwab, let's go to the main stage, Klaus Schwab, the high priest of
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What great honour and pleasure to welcome you back to the Davos community.
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Just four days into your new mandate, we highly appreciate your presence with us today.
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We wish you all the best as you take on your critical work ahead.
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The global challenges we face today are monumental.
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The importance of American leadership and your personal leadership in this regard is fundamental
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We are here to hear your vision and policies related to revitalizing the economy and addressing
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As you might expect, Mr. President, your return to office and your forthcoming policies have been
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at the focus of our discussions this week, the discussions among 3,000 political and business leaders from
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over 130 countries who came together here in Davos.
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We look forward to hearing first from you and then to the follow-up discussion with business
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leaders moderated by my colleague, Berge Brende.
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Ladies and gentlemen, the President of the United States, Donald J. Trump.
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The President of the United States, Donald J. Trump.
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Well, thank you very much, Klaus, and hello to everyone in beautiful Davos.
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This has been a truly historic week in the United States.
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Three days ago, I took the oath of office and we began the golden age of America.
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The recent presidential election was won by millions of votes and all seven, every one
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It was a massive mandate from the American people like hasn't been seen in many years.
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And some of the political pundits, even some of my so-called enemies, said it was the most
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What the world has witnessed in the past 72 hours is nothing less than a revolution of
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Our country will soon be stronger, wealthier, and more united than ever before in the entire
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As a result of this incredible momentum and what we're doing and going to do, my administration
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is acting with unprecedented speed to fix the disasters we've inherited from a totally inept
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group of people and to solve every single crisis facing our country.
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This begins with confronting the economic chaos caused by the failed policies of the last
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Over the past four years, our government racked up $8 trillion in wasteful deficit spending
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and inflicted nation wrecking energy restrictions, crippling regulations and hidden taxes like
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The result is the worst inflation crisis in modern history and sky-high interest rates
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for our citizens and even throughout the world.
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Food prices and the price of almost every other thing known to mankind went through the roof.
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President Biden totally lost control of what was going on in our country, but in particular
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with our high inflation economy and at our border.
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Because of these ruinous policies, total government spending this year is $1.5 trillion higher than
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was projected to occur when I left office just four years ago.
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Likewise, the cost of servicing the debt is more than 230 percent higher than was projected
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The inflation rate we are inheriting remains 50 percent higher than the historic target.
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It was the highest inflation probably in the history of our country.
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That's why from the moment I took office, I've taken rapid action to reverse each and
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every one of these radical left policies that created this calamity, in particular with immigration,
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On day one, I signed an executive order directing every member of my cabinet to marshal all powers
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at their disposal to defeat inflation and reduce the cost of daily life.
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I imposed a federal hiring freeze, a federal regulation freeze, a foreign aid freeze, and I created
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I terminated the ridiculous and incredibly wasteful Green New Deal.
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I call it the Green New Scam withdrew from the one-sided Paris Climate Accord and ended the
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We're going to let people buy the car they want to buy.
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I declared a national energy emergency, and that's so important, national energy emergency
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to unlock the liquid gold under our feet and pave the way for rapid approvals of new energy
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The United States has the largest amount of oil and gas of any country on Earth, and we're
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Not only will this reduce the cost of virtually all goods and services, it'll make the United
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States a manufacturing superpower and the world capital of artificial intelligence and crypto.
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My administration has also begun the largest deregulation campaign in history, far exceeding even
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In total, the Biden administration imposed $50,000 in additional regulatory costs on the
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average American household over the last four years.
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I have promised to eliminate 10 old regulations for every new regulation, which will soon
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put many thousands of dollars back in the pockets of American families.
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To further unleash our economy, our majorities in the House and Senate, which we also took
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along with the presidency, are going to pass the largest tax cut in American history, including
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massive tax cuts for workers and family and big tax cuts for domestic producers and manufacturers.
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And we're working with the Democrats on getting an extension of the original Trump tax cuts,
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as you probably know, by just reading any paper.
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My message to every business in the world is very simple.
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Come make your product in America and we will give you among the lowest taxes of any nation
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We're bringing them down very substantially, even from the original Trump tax cuts.
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But if you don't make your product in America, which is your prerogative, then very simply,
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you will have to pay a tariff, differing amounts, but a tariff which will direct hundreds of
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billions of dollars and even trillions of dollars into our treasury to strengthen our
00:12:21.480
Under the Trump administration, there will be no better place on Earth to create jobs,
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build factories or grow a company than right here in the good old USA.
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You can see this, I think, maybe even in your in your wonderful, wonderful
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So many of my friends, but Americans, the economic confidence is soaring like we haven't
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seen in many, many decades, maybe not at all upon my election.
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It was just announced a small business optimism skyrocketed by 41 points in a single month.
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SoftBank has announced between a 100 and 200 billion dollar investment in the U.S. economy
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And just two days ago, Oracle SoftBank and OpenAI announced a 500 billion dollar investment
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Other companies likewise have announced billions and billions and billions, adding up the trillions
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of investment in America and the United States.
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But it's also reported today in the papers that Saudi Arabia will be investing at least
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But I'll be asking the crown prince, who's a fantastic guy, to round it out to around
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I think they'll do that because we've been very good to them.
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And I'm also going to ask Saudi Arabia and OPEC to bring down the cost of oil.
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You got to bring it down, which, frankly, I'm surprised they didn't do before the election.
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That didn't show a lot of love by them not doing it.
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If the price came down, the Russia-Ukraine war would end immediately.
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Right now, the price is high enough that that war will continue.
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They're very responsible, actually, to a certain extent, for what's taking place.
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Hundreds of lives are being lost with a big victory on 5 November.
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Now the work can finally start on the big issues facing the country.
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One of the biggest is the national debt and the deficits that drive it.
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We're just printing money to keep this house of cards going.
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So many things are out of your control, out of the President's control.
00:14:49.700
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With oil prices going down, I'll demand that interest rates drop immediately.
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And likewise, they should be dropping all over the world.
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Interest rates should follow us all over the progress that you're seeing is happening because
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of our historic victory in a recent presidential election, one that has become quite well known
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I think a lot of things are happening to a lot of countries.
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They say that there's light shining all over the world since the election.
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And even countries that we aren't particularly friendly with are happy because they understand what there is a future and how great the future will be.
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Under our leadership, America is back and open for business.
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And this week, I'm also taking swift action to stop the invasion at our southern border.
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They allowed people to come in at levels that nobody's ever seen before.
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I decided a and declared to do and very, very importantly, a national emergency on our border
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immediately halted all entry of illegal border crossers, of which there were many, and began
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promptly returning the illegal trespassers back to the place from which they came.
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That action, as you've probably seen, has already started very strongly.
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I've deployed active duty U.S. military and National Guard troops to the border to assist in repelling the invasion.
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We will not allow our territory to be violated.
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After four long years, the United States is strong and sovereign and a beautiful nation.
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In addition, I'm pleased to report that America is also a free nation once again.
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On day one, I signed an executive order to stop all government censorship.
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No longer will our government label the speech of our own citizens as misinformation or disinformation,
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which are the favorite words of censors and those who wish to stop the free exchange of ideas and, frankly, progress.
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We have saved free speech in America and we've saved it strongly with another historic executive order this week.
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I also ended the weaponization of law enforcement against the American people and, frankly, against politicians
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and restored the fair, equal and impartial rule of law.
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My administration has taken action to abolish all discriminatory diversity, equity and inclusion nonsense.
00:18:14.020
And these are policies that were absolute nonsense throughout the government and the private sector.
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With the recent yet somewhat unexpected great Supreme Court decision just made,
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America will once again become a merit-based country.
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You have to hear that word, merit-based country.
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And I've made it official, an official policy of the United States,
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that there are only two genders, male and female.
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And we will have no men participating in women's sports and transgender operations,
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Finally, as we restore common sense in America,
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we're moving quickly to bring back strength and peace and stability abroad.
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I'm also going to ask all NATO nations to increase defense spending to 5 percent of GDP,
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It was only at 2 percent, and most nations didn't pay until I came along.
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because the United States was really paying the difference at that time,
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But many, many things have been unfair for many years to the United States.
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Before even taking office, my team negotiated a ceasefire agreement in the Middle East,
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which wouldn't have happened without us, as I think most of the people in the room know.
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Earlier this week, the hostages began to return to their families.
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They are returning, and it's a beautiful sight, and they'll be coming in more and more.
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Our efforts to secure a peace settlement between Russia and Ukraine are now hopefully underway.
00:20:06.880
Nobody's seen anything like it since World War II.
00:20:12.960
It's a flat-field farmland, and there's millions of Russians and millions of Ukrainians.
00:20:19.680
Nobody's seen anything like it since World War II.
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And here in America, we have big events coming up.
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Next year, we have the 250th anniversary of America's founding.
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And then we have the Olympics coming up, which I was instrumental in getting also in my first
00:20:58.880
And who would have known that by skipping a term, I would get the Olympics.
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I said, you know, I got the Olympics to come and I won't be president.
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But it turned out through a stroke of luck or whatever you might call it, that I'm going
00:21:10.780
to be president during the World Cup and the Olympics and the 250th anniversary.
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And we've accomplished more in less than four days.
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We have really been working four days than other administrations have accomplished in
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And the spirit and the light over our country has been incredible.
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Under the last administration, our nation has suffered greatly.
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But we're going to bring it back and make it greater, bigger, stronger, better than ever
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I would have been there myself, except the inauguration was two days ago.
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I thought it might be a little bit quick to make it the first stop.
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And I will be taking questions now from some very distinguished people.
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Thank you very much, Mr. President, for that very powerful speech.
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And I think you could hear the applause all the way from Davos to the White House.
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But next year, it will be even better, because then you can get the applause here in Davos.
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So we wish you welcome to our village next year.
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So we also know, Mr. President, that you opened up for interaction here.
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We have a great panel with some of the most distinguished business people in the world.
00:22:48.980
Let me start with someone that you know really well, that I think is almost the neighbor of you in Florida.
00:23:00.020
Mr. Steve Schwarzman, Chairman, CEO, and co-founder of Blackstone Group.
00:23:10.220
Well, Mr. President, I'm sure the Crown Prince of Saudi Arabia will be really glad you gave this speech to us.
00:23:18.980
You've had the busiest four days that anybody can imagine, and congratulations for that.
00:23:35.900
And my question is about some of the things I've observed here at Davos.
00:23:52.260
And a lot of the European business people have expressed enormous frustration with the regulatory regime in the EU.
00:24:06.640
And they attribute slower growth rates here because of the numerous factors, but especially because of regulations.
00:24:18.120
And you've taken a completely different approach in this area.
00:24:25.460
And if you could explain the theory of what you're doing, how you're going to do it, and what you expect the outcome to be, I'd appreciate it.
00:24:52.240
I want to talk about the EU because you mentioned specifically that I have also had a lot of friends and leaders of countries.
00:25:01.880
I've gotten to know them all my first term and a little bit during this period of four years and know them well, like them a lot.
00:25:09.400
But they're very frustrated because of the time everything seems to take to get approved, environmental impact statements for things that you shouldn't even have to do that, and many, many other ways that it takes.
00:25:22.460
And I'm going to give you a quick little example.
00:25:24.660
In the private life, my beautiful private life, before I had all these things happening, the world is a little different.
00:25:33.320
But when I had that simple life, I did projects, and I had a big project in Ireland, and it had to get approval on something that would have made it even better.
00:25:46.080
And I got the approval from Ireland in a period of a week, and it was a very, very, very efficient, good approval.
00:25:55.100
And they informed me, though, the problem is you're going to have to get it from the EU, and we think that'll take five to six years.
00:26:10.040
I don't want to go five or six years, but it would have been a big investment.
00:26:12.900
It would have been nice, and it would have been good for the project.
00:26:16.800
And I sent the people to the EU to see if they could speed it up, and basically it was a five- or six-year wait just to get a simple approval that Ireland gave me in a period of literally not much more than a week.
00:26:29.180
And I realized right then, that was the first time I really was involved with the EU, but I realized right then that's a problem, and I didn't even bother applying to do it.
00:26:44.640
I have to be very accurate because I don't want to be criticized.
00:26:51.820
So I don't think I did, but if I did, I pulled it very quickly.
00:26:54.920
It was just something you couldn't wait five years or six years to get an approval.
00:26:59.240
So a lot of, in a very big business sense, a lot of people are claiming that's the problem.
00:27:05.800
From the standpoint of America, the EU treats us very, very unfairly, very badly.
00:27:12.480
They have a large tax that we know about and a VAT tax, and it's a very substantial one.
00:27:20.960
They don't take our, essentially don't take our farm products, and they don't take our cars, yet they send cars to us by the millions.
00:27:29.180
They put tariffs on things that we want to do, like, for instance, I think they actually, in terms of these are non-economic or non-monetary tariffs, and those are very bad, and they make it very difficult to bring products into Europe, and yet they expect to be selling.
00:27:49.960
And they do sell their products in the United States.
00:27:51.760
So we have, you know, hundreds of billions of dollars of deficits with the EU, and nobody's happy with it, and we're going to do something about it, but nobody's happy with it.
00:28:01.120
So I think the EU has to speed up their process.
00:28:04.760
Friends of mine that are in some of the nations within the EU, great people, they want to be able to compete better, and you can't compete when you can't go through the approval process fast.
00:28:20.360
So, you know, I'm trying to be constructive because I love Europe.
00:28:25.900
I love the countries of Europe, but the process is a very cumbersome one, and they do treat the United States of America very, very unfairly with the VAT taxes and all of the other taxes they impose.
00:28:41.140
One other, just to finish up, I got a call from the head of a major airline, one of the biggest airlines in the world, and he said, sir, could you help us what?
00:28:53.040
They charge us fees for everything, and it's so unfair.
00:29:02.280
And the other thing, as you know, they took court cases with Apple, and they supposedly won a case that most people didn't think was much of a case.
00:29:19.420
I think they're after Facebook for billions and billions.
00:29:23.680
Whether you like them or not, they're American companies, and they shouldn't be doing that.
00:29:27.900
And that's, as far as I'm concerned, it's a form of taxation.
00:29:32.100
So we have some very big complaints with the EU.
00:29:36.660
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We'll now go to one of your friends in the EU, Patrick Poyana.
00:30:57.260
I guess you have a question ready, Patrick, for the president.
00:31:02.120
Mr. President, as we understand, energy is at the top of your agenda, and it's an honor for me to represent the energy industry tonight in this panel.
00:31:13.140
Total Energies is indeed the fourth largest oil and gas and electricity company in the world.
00:31:18.000
I will not ask you a question about the oil price.
00:31:25.020
And our company is the largest number one exporter, LNG, from the U.S. company.
00:31:35.620
We are a strong contributor to, and we invest in a mammoth LNG projects in Texas, 20 billion dollars.
00:31:43.940
It's far from 200, but it's 20 billion dollars.
00:31:46.160
And we contribute with that to security of supply to Europe, as we export this LNG to Europe.
00:31:54.080
Some experts fear that if there are too many projects developed in the U.S. on LNG, this could have an inflationary impact on the U.S. domestic gas price.
00:32:10.280
I would ask you the following question, what are your views about such a pause on investments on LNG in the U.S.?
00:32:18.480
What would happen if you would observe an increased domestic gas price because of its exports?
00:32:26.060
And, final question, which is important for Europe, would you agree to guarantee security of supplies of U.S. LNG to Europe?
00:32:34.320
Well, in the last part of your question, yes, I would.
00:32:45.580
They make a deal, and then it can't get supplied because of war-type problems and other problems.
00:32:53.560
LNG is very interesting because when I took office for the first term,
00:32:57.500
one of the first things I looked at was there were two very massive plants in Louisiana,
00:33:04.920
a state that has been very good to me, wanted by many, many points.
00:33:11.900
And they said there are two plants that have been under environmental consideration for more than 10 years.
00:33:17.360
And they were costing, as you say, you know how expensive those plants are,
00:33:21.820
but they were costing like $12 billion and I think $14 or $15 billion.
00:33:28.160
They were in review for years, many, many years, like a decade or more.
00:33:37.300
I know so much about that because in the construction industry, I had to go through it, too.
00:33:43.340
But I went, I saw the projects and you're talking about a total investment of $25 to $30 billion.
00:33:59.980
In fact, when they called them to announce that it was done, the countries, largely countries,
00:34:06.880
Japan was involved and another country and some very big investors, they couldn't believe it.
00:34:15.880
Don't pay any consultants because the only one that got it done was me.
00:34:19.260
I got it done because it was the right thing to do for the U.S. and for the world.
00:34:25.100
You know, the consultants go in and they say, give us millions of dollars because Trump did it.
00:34:32.860
And I got it done because it was the right thing to do for the U.S.
00:34:44.600
I think the more that you do, the lower the price is going to go.
00:34:51.200
We're going to give very rapid approvals in the United States, like with the A.I.
00:34:54.560
plants talking to many people want to build them.
00:35:00.880
We're going to build electric generating facilities.
00:35:05.840
I'm going to get them the approval under emergency declaration.
00:35:09.220
And I can get the approvals done myself without having to go through years of waiting.
00:35:14.140
And the big problem is we need double the energy we currently have in the United States.
00:35:18.220
Can you imagine for A.I. to really be as big as we want to have it?
00:35:25.200
It'll be very competitive with China and others.
00:35:27.400
So I'm going to give emergency declarations so that they can start building them almost immediately.
00:35:33.520
And I think it was largely my idea because nobody thought this was possible.
00:35:38.320
It wasn't that they were not smart because they're the smartest.
00:35:41.240
But I told them that what I want you to do is build your electric generating plant right next to your plant as a separate building connected.
00:35:54.880
You don't have to hook into the grid, which is old and, you know, could be taken out.
00:35:59.840
If it's taken out, they wouldn't have any way to get any electricity.
00:36:04.820
So we are going to allow them to go on a very rapid basis to build their plant, build the electric generating plant.
00:36:20.380
You know, if there were a problem with a with a pipe coming in, as an example, you're going with gas, oil and gas, and a pipe gets blown up or for some reason doesn't work.
00:36:31.120
There are some companies in the U.S. that have coal sitting right by the plant so that if there's an emergency, they can go to that short term basis and use our very clean coal.
00:36:45.100
So that's something else that a lot of people didn't even know about.
00:36:47.740
But nothing can destroy coal, not the weather, not a bomb, nothing.
00:36:53.180
It might make it a little smaller, might make it a little different shape.
00:37:00.260
It's a great backup to have that facility and it wouldn't cost much more money.
00:37:09.440
So we're going to make it so that the plants will have their own electric generating facilities attached right to their plant.
00:37:26.180
And we'll now go to another CEO that you know very well, Brian Monahan, the CEO and chair of Bank of America.
00:37:38.160
And congratulations and obviously an eventful week for you and your family.
00:37:41.960
If you remember five years ago, you came here and we walked among 150 CEOs from all over the world.
00:37:47.780
And you engaged with them about your policies and your procedures.
00:37:53.780
And yet this week was eventful from the orders that you mentioned earlier.
00:37:57.020
Literally a wave of orders coming out on immigration, on trade, and many other matters.
00:38:02.800
And so as a representative of the United States here, we got a lot of questions about what does all this mean
00:38:10.040
and how would the President square this with his clear focus on growth, prosperity, stock market growth,
00:38:20.940
So how do you think about the impact of all these orders and how fast they come out
00:38:24.940
and how you're going to balance them with that scorecard of being successful in both continuing GDP growth,
00:38:31.800
bringing down inflation, and also having a good stock price appreciation for the American citizen?
00:38:37.480
Well, I think it's going to actually bring down inflation.
00:38:43.220
We're going to have a lot of companies moving in.
00:38:47.380
It was at 40 percent, and I got it down to 21 percent, the corporate tax.
00:38:51.200
And it was actually, if you look at state and city, it was in many cases much higher than 40 percent.
00:38:56.520
I got it down to 21 percent, and now we're going to bring it down from 21 to 15 percent if,
00:39:02.480
there's a big if, if you make your product in the U.S.
00:39:05.380
So we're going to have the lowest, just about the lowest rate.
00:39:11.600
The 15 is about as low as it gets, and by far the lowest of a large country,
00:39:16.620
a large, you know, rich, powerful country by far, not even a contest.
00:39:20.600
So we're going to bring it down to 15 percent if you make your product in the U.S.A.
00:39:29.260
We're also probably going back to the one-year deduction where we deduct, you know,
00:39:34.080
we did that originally, and that was amazing what the impact that that had,
00:39:39.240
the one-year deduction, which built up over a period of time, and then it expires.
00:39:44.940
But we're going to go back to that when we do the renewal of the Trump tax plan.
00:39:51.320
But, you know, if the Democrats didn't approve it,
00:39:54.560
I don't know how they can survive with about a 45 percent tax increase,
00:40:01.600
We've been working along with them pretty well.
00:40:04.420
I think it's very hard for a political group to say, let's charge people 45 percent more.
00:40:10.440
But we're actually doing a reduction for business and small businesses,
00:40:13.900
where you're going to bring it down to 15 percent, which is really something.
00:40:20.420
And by the way, speaking of you, and you've done a fantastic job,
00:40:24.240
but I hope you start opening your bank to conservatives,
00:40:26.640
because many conservatives complain that the banks are not allowing them to do business within the bank.
00:40:32.500
And that included a place called Bank of America.
00:40:35.280
This conservative, they don't take conservative business.
00:40:38.260
And I don't know if the regulators mandated that because of Biden or what,
00:40:44.660
I hope you're going to open your banks to conservatives,
00:40:50.620
Mr. President, I'll say that your friend Gianni said hello,
00:40:55.780
And we look forward to sponsoring the World Cup when it comes,
00:41:01.300
So thank you for getting after the United States.
00:41:10.180
She is the executive chairman of Banco Santander,
00:41:13.820
one of the big European banks and also in the U.S.
00:41:19.840
Mr. President, congratulations on a historic victory.
00:41:24.100
I believe you don't know me as well as my fellow panelists.
00:41:26.940
So, a few words, Santander is one of the largest banks in the world
00:41:34.640
That's more than my friend Brian or my friend Jamie have.
00:41:53.460
We have many million customers, 12,000 employees.
00:41:59.300
And we recently launched a fully digital bank called Open Bank.
00:42:03.580
We strongly believe banks have a pivotal role in the economy
00:42:07.160
and we can accelerate growth and help many more customers.
00:42:16.160
we very much welcome your focus on deregulation and reducing bureaucracy.
00:42:30.300
I think it's going to thank you and congratulations.
00:42:45.260
that nobody thought were possible to do in years.
00:42:52.420
It's going to have a huge impact on the economy,
00:42:59.120
I mean, the Green New Deal was such a total disgrace,
00:43:05.180
And it was conceived of by people that were average students,
00:43:11.120
and never even took a course in energy or the environment.
00:43:17.700
Remember, the world was going to end in 12 years.
00:43:37.200
Republicans maybe could have fought harder to stop it,
00:43:55.500
we had the most productive in the history of our country by far.
00:44:02.660
We were beating everybody from China to everybody else.
00:44:10.620
and all of the other things that have taken place,
00:44:21.800
is we're going to be demanding respect from other nations.
00:44:25.780
Canada, we have a tremendous deficit with Canada.
00:44:39.960
We won't have to tariff you, et cetera, et cetera.
00:44:42.000
But Canada has been very tough to deal with over the years.
00:44:45.820
And it's not fair that we should have a $200 billion
00:44:55.760
because we have our own forests, et cetera, et cetera.
00:45:05.520
with Mexico, we're dealing with Mexico, I think, very well.
00:45:11.000
we just want to be treated fairly with other nations
00:45:52.300
And honestly, good things are going to happen for the world,
00:46:02.240
I really would like to be able to meet with President Putin soon
00:46:44.240
there's so many young people being killed in this war.
00:47:08.000
We know that the most consequential relationship