Human Events Daily with Jack Posobiec - October 10, 2024


Vibe Shift Michigan： Trump Talks Tariffs


Episode Stats

Length

1 hour and 4 minutes

Words per Minute

173.83366

Word Count

11,172

Sentence Count

1,106

Misogynist Sentences

29

Hate Speech Sentences

30


Summary

Jack Posobiec is a commentator, international social media sensation, and former Navy intelligence veteran. He is a regular contributor to CNN and the New York Times, and is one of the most well-known conservative voices in American politics.


Transcript

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00:00:25.780 The Poso Daily Brief.
00:00:30.000 This is what happens when the fourth turning meets fifth generation warfare.
00:00:40.640 A commentator, international social media sensation, and former Navy intelligence veteran.
00:00:46.960 This is Human Events with your host, Jack Posobiec.
00:00:50.420 Christ is king.
00:00:52.340 There are going to be some males in our society that will refuse to vote for a potential female
00:00:58.260 president because they don't think females are smart enough to be president.
00:01:02.420 We could line all those guys up and shoot them.
00:01:04.060 They clearly don't understand the way the world works.
00:01:08.100 There was an historic flood of undocumented immigrants coming across the border the first
00:01:15.180 three years of your administration.
00:01:17.980 Was it a mistake to loosen the immigration policies as much as you did?
00:01:24.420 It's a long-standing problem.
00:01:26.600 What I was asking was, was it a mistake to allow that flood to happen in the first place?
00:01:33.200 I think the policies that we have been proposing are about fixing a problem, not promoting a problem.
00:01:39.000 But the numbers did quadruple.
00:01:40.840 She has no clue.
00:01:42.600 How about allowing people to come to an open border, 13,000 of which were murderers.
00:01:49.200 Many of them murdered far more than one person, and they're now happily living in the United States.
00:01:54.920 You know, now a murderer, I believe this, it's in their genes, and we got a lot of bad genes in our country right now.
00:02:01.360 Mr. President, does Governor DeSantis need to take Vice President Harris's calls?
00:02:06.960 All I can tell you is I'm talking to Governor DeSantis.
00:02:09.380 He's been very gracious.
00:02:10.600 He's thanked me for all we've done.
00:02:12.220 He knows what we're doing, and I think that's important.
00:02:14.560 I am working with the President of the United States.
00:02:16.840 I'm working with the Director of FEMA.
00:02:18.960 I'm marshalling all my state assets.
00:02:20.860 We've been doing this now nonstop for over two weeks between Helene and this.
00:02:26.180 And so if there's anything I can leverage to benefit my people, I'm going to do it.
00:02:31.220 The fact of the matter is they put out a story saying I didn't take, I didn't even know she was trying to reach me.
00:02:36.200 But she has no role in this process.
00:02:38.720 This November, the people of Pennsylvania have to tell Kamala Harris that we've had enough of you.
00:02:46.800 You're an incompetent person.
00:02:48.500 You're the worst vice president in the history of our country, acknowledged to be.
00:02:54.480 Kamala, you're fired.
00:02:55.920 Get out of here.
00:02:56.680 You're fired.
00:02:59.880 Announcing a detailed plan to save the American auto industry and bring millions and millions of jobs back to our shores and very quickly.
00:03:08.720 If you vote for Trump and you will see a mass exodus of manufacturing jobs.
00:03:22.020 But from Mexico to Michigan, from Shanghai to Sterling Heights, and from Beijing to right here in beautiful Detroit.
00:03:34.100 Wait till you see Detroit.
00:03:35.300 And they'll also be going to places like South Carolina, Tennessee, and others.
00:03:44.600 We have a lot of car making states, a lot of parts making states too.
00:03:49.680 And our car industry will have a renaissance the likes of which we have never seen before in this country.
00:03:55.240 We have never seen since the golden years.
00:03:57.340 It's my goal to get our country on an auto making path where at some point in the near future it will be bigger and more important than it ever was.
00:04:09.280 And even in its heyday, many years ago, it was unbelievable.
00:04:13.600 I think we can be bigger and more important because we have some very, very great assets.
00:04:20.380 And this is very personal for me.
00:04:22.760 Personal.
00:04:23.540 One of the reasons is because I've been talking about it for 20 years.
00:04:26.300 I can't believe it happened.
00:04:27.660 When I was honored, that's all I talked about.
00:04:31.900 I was watching this happen.
00:04:34.500 It was at that time Japan.
00:04:36.380 Japan was just taking our cars like we were a bunch of babies.
00:04:40.520 I always say candy from a baby.
00:04:42.560 That's how easy it was.
00:04:44.960 Now it's Japan, but it's China, and it's a lot of countries.
00:04:49.560 This was one of the biggest reasons I ran for president in the first place.
00:04:53.320 You know, it was probably the auto industry that was most abused.
00:04:56.860 You were the most abused.
00:04:57.880 There were a lot of industries that were abused.
00:04:59.780 We stopped it, but now I could put the brakes on.
00:05:02.560 Not only stop, I now know the game a little better.
00:05:07.200 You know, I had never been a politician before.
00:05:09.720 I got to the White House.
00:05:12.060 I said, yeah, I've never done this before, but I had to learn, and I had some great people.
00:05:17.020 Bob Lighthizer was great, our trade representative, but we had some people that I didn't like.
00:05:23.240 I wouldn't have picked in retrospect.
00:05:25.020 We had some clinkers, but you have to understand, I just got there.
00:05:31.500 I was only in Washington 17 times, and I never stayed over, so I wasn't a part of Washington society.
00:05:38.240 I didn't, it wasn't my thing.
00:05:39.500 I was a New York person, developer, did great, and I knew New York, but I didn't know Washington,
00:05:44.960 so I came, I had to rely on people.
00:05:47.640 Sometimes I'd rely on rhinos, and that's what I'd get.
00:05:50.640 I'd get a rhino, and that wasn't so good, but we had mostly great people, but we had
00:05:56.560 some ones that I would not have again, and we're going to finish the job that we really
00:06:03.180 brilliantly started because we had numbers that the ambassador gave you some of them.
00:06:08.280 I don't want to bore you by going through it, but he gave you some numbers that were unprecedented.
00:06:12.380 I intend for the triumph of the American auto industry to be among my greatest legacies.
00:06:18.760 I want it to be a legacy.
00:06:20.200 I want American companies to not only dominate the American market, but also the foreign markets
00:06:31.480 as well.
00:06:32.340 They buy so many of our cars.
00:06:34.160 It's so, so horrible.
00:06:36.340 But you know they only buy them if they're made in their countries.
00:06:39.620 China, I don't object.
00:06:42.440 Look, President Xi was, and I would say is, a very good friend.
00:06:47.360 We broke up a little bit.
00:06:48.920 You know the way friendships break up?
00:06:50.440 A thing called the China virus broke us up.
00:06:53.500 I think that's understandable, right?
00:06:56.600 Cost the world about $50 trillion and tens of millions of lives all over the world.
00:07:02.140 I think that's a reason.
00:07:03.160 But now I've always had a very good relationship with him.
00:07:05.800 Very, very strong, smart man.
00:07:10.300 He's strong and smart, meaning he wants to take your auto industry, and so does every other
00:07:14.380 leader of a country.
00:07:15.380 They want to take your industry, all of our industry, and we're not going to do that.
00:07:19.100 We won't let them play that game, and it's not even hard, and you'll understand that in
00:07:24.780 a moment.
00:07:25.920 I want German car companies to become American car companies.
00:07:30.200 I want them to build plants in America.
00:07:32.000 Otherwise, I'd rather not have their cars here.
00:07:34.640 Instead of American workers worrying about losing their jobs to foreign nations, I want
00:07:39.460 foreign nations to be worried about losing their jobs to America.
00:07:43.580 That's going to happen.
00:07:45.380 It's going to happen.
00:07:47.260 It's going to happen.
00:07:48.220 And I hope the Democrats will go along with us, but we'll get it done one way or the
00:07:52.840 other.
00:07:53.880 I hope they're going to go along with us.
00:07:55.440 It's so good.
00:07:56.120 It's like so many things they don't, like voter ID.
00:07:59.080 Why aren't they approving voter ID?
00:08:00.700 Democrats don't want voter ID.
00:08:02.440 You know why?
00:08:02.940 Because they want to cheat.
00:08:04.160 But they don't want to.
00:08:04.880 I say, oh, they don't.
00:08:06.700 When I first thought I was seeing things, I thought I was like, I didn't hear that when
00:08:13.140 I first started this, I thought I'd say the Democrats will not approve voter ID.
00:08:18.480 And it's only gotten worse.
00:08:22.240 Gavin Newsom, the governor of California, just passed a bill.
00:08:27.540 He signed a bill that you're not even allowed to ask anybody whether or not they have voter
00:08:33.200 ID, not only can't you use it, you can't even ask.
00:08:38.000 I think it's a crime or something.
00:08:39.620 I could ask the secretary of state.
00:08:41.320 No, I think it's a crime.
00:08:43.200 I think it's a crime.
00:08:44.500 If you ask somebody, do you have ID, voter ID?
00:08:48.280 Let's lock that guy up.
00:08:51.020 In other words, it's not a crime to vote illegally, but it's a crime to ask whether or not.
00:08:55.300 But there's only one reason for that.
00:08:58.600 You know the reason?
00:09:00.120 Cheating.
00:09:00.720 They want to cheat.
00:09:01.840 It's only one reason.
00:09:02.800 It's crazy.
00:09:04.240 No country in the world has a policy like that.
00:09:08.280 Mail-in voting is all gone all over the world.
00:09:10.700 All these things that we still fight over, they're all gone.
00:09:13.980 So we have to win a big election and we're going to straighten it out.
00:09:16.940 But we've got to straighten it out because you have two things.
00:09:18.820 You have borders and you have good elections.
00:09:20.360 And it would be nice to have a free press, which we don't have at all.
00:09:23.680 We have a terrible press.
00:09:25.300 But those three things we have and we have to straighten it out.
00:09:32.720 So here is the deal that I will be offering to the world, to companies outside of our world,
00:09:40.620 big companies, powerful companies that have become powerful because we were stupid.
00:09:45.260 We were stupid.
00:09:46.300 We allowed them to come in and raid and rape our country.
00:09:51.080 That's what they did.
00:09:52.160 Oh, he used the word rape.
00:09:53.880 That's right.
00:09:54.380 I used the word rape.
00:09:55.180 They raped our country.
00:09:57.540 The United States will give you the lowest taxes, the lowest energy costs.
00:10:02.180 We have more liquid gold under our feet than any other country in the world.
00:10:06.000 And it's the best.
00:10:07.220 It's the best.
00:10:08.160 We have the most and we have the highest quality.
00:10:10.860 We have the lowest regulatory burdens and they were going to be made low.
00:10:16.340 You know, I cut regulations more than any president in history.
00:10:20.700 In a four-year term, I cut more than any president by four times, they say.
00:10:25.380 Four times.
00:10:25.980 I let the country do what they have to do.
00:10:29.920 A lot of those regulations have been put back on by Crooked Joe and by Kamala.
00:10:36.640 And it angers me so much because it's so bad.
00:10:40.120 People shaking my hand backstage, sir, we had the best four years we've ever had and now they're dying.
00:10:44.540 They think they're going.
00:10:45.220 So many people are telling me they're going out of business now.
00:10:48.400 And free access to the best and biggest market on the planet.
00:10:51.220 We're going to give anybody that comes in free access to the best and biggest market anywhere on the planet that's here.
00:10:58.980 But we've got to keep it that way because if we keep going like this, we're not going to have the best or biggest market for long.
00:11:04.540 But only if you make your products here in America.
00:11:07.520 In other words, you get all of these assets, but you have to make your product here in America.
00:11:13.200 And you have to hire American workers.
00:11:15.680 And if these companies don't take the deal, you know, we're lowering the taxes way down.
00:11:22.160 Then they'll have to pay a tax when they or tariff when they send their car or product into the United States.
00:11:29.320 And we will use the hundreds of billions of dollars in tariff dollars to benefit the American citizens and pay down our debt.
00:11:37.380 In short, a period of time, it's going to be very quick.
00:11:42.100 Think of it.
00:11:42.700 In a short period of time, a deficit of about $1.8 trillion.
00:11:48.400 I've heard it was $2 trillion.
00:11:49.640 It's never been anywhere close to this, by the way.
00:11:51.720 $2 trillion a year will be reduced to practically nothing.
00:11:56.440 And eventually our country will be making substantially more money over and above cost.
00:12:03.060 And we will start a massive debt reduction and also further tax cuts.
00:12:08.300 In other words, what I'm doing is I took it from almost 40 percent, your taxes.
00:12:16.360 I reduced them to 21 percent so that small corporations, everybody, even inheritance tax or a death tax.
00:12:26.380 If you have a small business and you want to pass it on to your son and daughter, if you love them.
00:12:31.780 If you don't love them, I would say just don't even bother listening to this part.
00:12:36.780 Is there anybody in the group that does not love their children?
00:12:39.720 Where you want to raise your hand and say, sir, please don't waste our time with this.
00:12:45.420 But on the assumption you want to leave it to your children, then you have no estate tax or death tax.
00:12:53.020 They want to end that immediately.
00:12:55.500 And it really pertained to farms where a farm could be valuable, but they don't have cash.
00:12:59.460 They have a valuable farm and they love their farm and they want to be farmers.
00:13:03.500 It's a great way of life.
00:13:04.960 People love it.
00:13:05.600 They wouldn't want to do anything else, but they left the farm and then they have to pay a tremendous tax.
00:13:10.640 And they borrow the money from the bank.
00:13:12.360 And within two, three years and many almost, I guess, 62 percent of the time, they say they end up losing their farm to the banks.
00:13:21.400 I got rid of that.
00:13:22.380 There's no estate or death tax at all for the farmers and small business owners.
00:13:29.300 So they want to end that.
00:13:30.100 It's a big deal.
00:13:34.220 But I brought it down from almost 40 percent to 21 percent.
00:13:39.520 And now, and that makes us very competitive in the world.
00:13:43.080 Don't forget, the world is like states used to be.
00:13:45.620 The world, people will take their businesses and they're loyal to their stockholders.
00:13:50.500 And in many cases, the people that run the big businesses are not American.
00:13:53.880 They couldn't care less for our country.
00:13:56.020 They follow the dollar or they follow.
00:13:58.800 We better keep them following the dollar, by the way.
00:14:00.940 We're going to keep them following the dollar.
00:14:02.880 That'll be another thing because that's we're losing that fast.
00:14:05.880 We are losing that fast.
00:14:07.860 But we're going to bring it down.
00:14:09.400 We brought it down to 21.
00:14:10.700 That made us competitive.
00:14:12.800 Not the best at all, but competitive.
00:14:15.840 Now I'm bringing it down to 15 percent.
00:14:18.280 But that's totally subject to you building your product, making your product in America.
00:14:26.560 And I had calls.
00:14:28.200 So we're getting it down to 15.
00:14:30.100 And now you're just about the most competitive, other than certainly for a big country.
00:14:34.720 But you're just about the most competitive at 15.
00:14:37.460 That's the beauty.
00:14:38.220 They're going to all move back.
00:14:39.680 They're going to all move back.
00:14:41.320 They're all coming back.
00:14:42.380 And then we're going to protect them so they don't get hurt with tariffs on people that aren't building here.
00:14:48.480 And they're going to come in and they're going to build here because they don't want to pay those stiff tariffs.
00:14:53.440 So we will build this policy.
00:14:55.660 And it's called Build It in America Plan.
00:14:58.640 It's Build It in America because when foreign leaders and CEOs call me up to complain about our tariffs,
00:15:04.220 my answer will be very simple, Build It in America, you don't have any tariffs.
00:15:10.180 Build It right here in Detroit, you don't have any tariffs.
00:15:13.460 Build It in Dearborn or Lansing or Grand Rapids or Flint, you don't have any taxes.
00:15:19.600 You don't have any taxes or tariffs or anything.
00:15:22.940 So we're going to take that.
00:15:25.220 We're going to take that.
00:15:26.760 Remember, we started at 40.
00:15:28.840 Everyone said, you'll never get it down to 30.
00:15:31.780 I got it down to 21.
00:15:33.740 And that caused the biggest renaissance in the history of our country.
00:15:37.040 We had the greatest period of success in the history of our country.
00:15:43.720 We did more revenue at 21% than we did at close to 40%.
00:15:49.220 People were going wild.
00:15:54.020 Businesses were flourishing.
00:15:55.920 Small businesses were going through the roof.
00:15:57.980 Big businesses, I was allowing them.
00:16:00.500 They'd have hundreds of billions of dollars.
00:16:02.820 Apple has an example.
00:16:04.780 They brought in hundreds of billions of dollars.
00:16:07.260 We had restrictive covenants where they couldn't bring money back into our country.
00:16:11.340 Two reasons.
00:16:12.240 The tax was too high.
00:16:13.900 It was so ridiculous.
00:16:15.000 Nobody would do it.
00:16:15.980 You had to pay a 50, 60% tax.
00:16:17.920 So you bring money.
00:16:18.620 So they said, well, we'll just leave it there and we'll develop in Europe or Asia, wherever the money was.
00:16:24.720 But think of this.
00:16:26.580 We brought in trillions of dollars because I made it possible.
00:16:31.300 I made the tax rate fair, reasonable, like a reasonable person would bring it in for a reasonable tax.
00:16:37.820 And also I made the bureaucracy very easy.
00:16:40.640 They had to hire four different law firms to get their money back if they wanted to bring it back.
00:16:45.940 So what I'm proposing very simply then is a 15% made in America corporate tax rate, cutting it from 21% all the way down to 15%, but only for those who make their product in the USA.
00:17:00.280 So it's very simple and beautiful.
00:17:02.000 And I was called by a couple of the top people in Wall Street.
00:17:11.340 I sort of know a lot of them.
00:17:12.340 They said, who gave you that idea?
00:17:15.800 It's so simple.
00:17:16.720 I said, you know, it's a great idea.
00:17:19.400 I have another one coming up for you that you're going to like just as much.
00:17:22.300 You're going to love maybe more.
00:17:23.760 Oh, you've got a big one coming toward the end.
00:17:25.900 I want to save it for the end.
00:17:27.160 This way you're going to stay around and you're going to be so happy.
00:17:30.760 It says, pins and needles, you're sitting, right?
00:17:33.960 No, I have one coming that I think is just incredible.
00:17:37.880 But this is something that is going to revolutionize our country because it's not only auto companies, it's also others.
00:17:45.540 But I think in particular, this is going to be something that is going to really lead to the renaissance in Detroit and in our country.
00:17:53.240 But in Detroit, this place will be booming.
00:17:55.980 This place is going to be booming.
00:17:57.480 And when you couple that with what I'm going to say in a little while, it's going to really be booming.
00:18:04.280 So U.S.-based car makers and manufacturers will also be rewarded with expanded research and development tax credits, very substantial,
00:18:12.380 where they will be able to write off 100% of their cost of heavy machinery and other equipment necessary to build a plant in the first year.
00:18:23.180 And full expensing for manufacturing investments and all helping to build the sprawling state-of-the-art plants.
00:18:34.080 Our country needs to be an industrial superpower in the world.
00:18:37.860 I have a friend who makes plants.
00:18:39.140 He builds plants.
00:18:39.900 That's what he does better than anybody in the world.
00:18:41.700 And I said to him, he's a supporter, actually.
00:18:46.500 I said to him, I want to see a plant.
00:18:48.560 I want to see a really great auto plant.
00:18:50.440 Where would we go?
00:18:51.260 Let's go see one.
00:18:53.080 And he said, well, we'll have to go to Mexico.
00:18:57.260 I said, what?
00:18:58.460 We have to go to Mexico.
00:18:59.800 I said, I want to see Mexico.
00:19:01.100 I want to see here.
00:19:02.580 He said, well, the big ones are really built in Mexico.
00:19:04.860 They're building some really big ones right now.
00:19:06.520 You know, your stupid union leader, Sean Fain, or whatever the hell his name is.
00:19:12.580 This stupid, stupid guy.
00:19:14.860 He's playing around all electric cars, everything else.
00:19:17.760 Did you see your numbers in the last few months?
00:19:19.600 What's happening?
00:19:20.200 You're losing your whole business.
00:19:22.380 They're building the biggest plants in the entire world.
00:19:25.380 This guy builds them.
00:19:27.280 That's what he's good at.
00:19:28.400 If you said build an apartment, he wouldn't want to do it.
00:19:30.580 He couldn't do it.
00:19:31.440 But he can build an auto plant.
00:19:32.840 All the top of the line, all automated.
00:19:37.740 You press a button and the plant opens up.
00:19:41.120 Biggest in the world.
00:19:43.260 And you know who's building them?
00:19:44.400 China.
00:19:45.840 They're building them at levels that nobody's ever seen before, right across the border.
00:19:50.340 And they think they're going to make cars there.
00:19:53.580 And they're going to put you all out of business.
00:19:55.580 And they're going to sell them across the border.
00:19:57.260 And they're not going to have a tax.
00:19:58.280 No, they're wrong.
00:19:58.880 They're going to pay 100% or maybe even a 200% tariff because we're not going to let
00:20:04.840 them come in to our country and destroy what's left of our auto industry because it's a failing
00:20:11.640 industry, just like it's a failing country right now.
00:20:14.140 We're a failing country.
00:20:15.060 You know, we're a nation in decline.
00:20:16.480 I hope you know that.
00:20:17.940 Doesn't make me feel good to say it.
00:20:19.760 But we're not going to be a nation in decline for very long.
00:20:23.080 Perhaps the most important element of my plan to make America extraordinarily wealthy, again,
00:20:28.840 has to do with reciprocity.
00:20:30.860 It's a word that's very important in my plan because, you know, we generally don't charge
00:20:37.020 tariffs.
00:20:38.160 I did.
00:20:38.860 I started that process.
00:20:40.360 It was so great with the vans and the small trucks, et cetera, I told you about.
00:20:44.680 But we really don't charge.
00:20:46.000 China will charge us a 200% tariff.
00:20:50.140 Brazil is a big charger.
00:20:52.720 The biggest charger of all is India.
00:20:55.460 India is a very big charger.
00:20:57.940 We have a great relationship with India.
00:21:00.780 I did.
00:21:02.060 And with especially the leader, Modi, is a great leader, great man, really is a great man.
00:21:10.180 He's brought it together.
00:21:11.100 He's done a great job.
00:21:12.080 But they probably charge as much.
00:21:13.980 I mean, I think they probably charge more than, in many ways, China.
00:21:19.360 But they do it with a smile, you know.
00:21:21.160 They do it sort of a nicer charge.
00:21:24.000 They say, thank you so much for purchasing from India.
00:21:27.900 Harley Davidson came to the White House a long time ago during my third year or second year.
00:21:34.660 And I met with them.
00:21:35.720 And they were based, I guess, in Wisconsin.
00:21:40.620 And I said, how's business?
00:21:42.640 Good, good.
00:21:43.320 What are the bad countries?
00:21:44.820 Well, India is very tough.
00:21:46.120 And they gave me some others.
00:21:48.120 Why?
00:21:48.600 Tariffs.
00:21:50.000 I said, why?
00:21:51.460 What are they?
00:21:52.860 And they had said like 150%, some massive amount.
00:21:55.680 I said, so do you sell many motorcycles?
00:21:58.040 Because you think people want to buy a Harley, right?
00:22:00.300 Anyway.
00:22:01.520 No, we sell very few in India.
00:22:03.140 But they want us to go there.
00:22:04.820 They said, if you go there and build your plant there, we're not going to charge you anything.
00:22:08.260 I mean, you can do whatever you want.
00:22:11.060 They said, I don't like that.
00:22:12.300 And lo and behold, I see they went and they built a plant.
00:22:16.480 And now they do their business with India.
00:22:19.340 They probably do it outside of India, too.
00:22:21.460 Plenty.
00:22:21.760 They built a very big plant.
00:22:23.580 Many countries, they do that.
00:22:25.360 And then all of a sudden, you hear that they're leaving Milwaukee or they're leaving wherever
00:22:29.680 they may be located.
00:22:31.080 It's very sad to see it.
00:22:33.340 And it's so simple.
00:22:35.400 I mean, you know, this isn't like Elon with his rocket ships that land within 12 inches on
00:22:41.580 the moon where they wanted to land.
00:22:43.740 Or he gets the engines back.
00:22:48.120 That was the first I realized.
00:22:49.320 I said, who the hell did that?
00:22:50.540 I saw engines about three, four years ago.
00:22:53.420 These things were coming cylinders, no wings, no nothing.
00:22:57.020 And they're coming down very slowly, landing on a raft in the middle of the ocean someplace
00:23:00.980 with a circle.
00:23:02.800 Boom.
00:23:04.200 Reminded me of the Biden circles that he used to have, right?
00:23:08.680 He'd have eight circles and he couldn't fill them up.
00:23:11.580 But then I heard he beat us with the popular vote.
00:23:14.340 I don't know.
00:23:15.320 I don't know.
00:23:16.180 Couldn't fill up the eight circles.
00:23:17.500 I always loved those circles.
00:23:18.720 They were so beautiful.
00:23:20.640 They were so beautiful to look at.
00:23:22.180 In fact, the person that did them, that was the best thing about his, the level of that
00:23:26.940 circle was great.
00:23:28.320 But they couldn't get people.
00:23:29.360 So they used to have the press stand in those circles because they couldn't get the
00:23:33.220 people.
00:23:34.480 Then I heard we lost.
00:23:35.740 Oh, we lost.
00:23:36.940 No, we're never going to let that happen again.
00:23:38.740 But we've been abused by other countries.
00:23:42.740 We've been abused by our own politicians, really more than other countries.
00:23:46.780 I can't blame them.
00:23:48.560 We've been abused by people that represent us in this country.
00:23:53.740 Some of them stupid, some of them naive, and some of them crooked, frankly.
00:24:01.240 But interestingly, it's often those allies that we consider to be friends that have been
00:24:08.380 the greatest abusers.
00:24:09.780 We have some great abusers.
00:24:12.140 I'll give you an example.
00:24:13.180 The European Union sounds so nice.
00:24:15.880 It's the European Union of Countries.
00:24:17.820 Oh, it's so nice.
00:24:20.020 They're brutal.
00:24:21.420 We have a $200 billion deficit with them now higher than that, $250 something.
00:24:27.180 And like I asked at the time, Angela, Angela, how many Chevrolets do we have in the middle
00:24:33.020 of Berlin?
00:24:33.700 Oh, I do not know.
00:24:35.020 Perhaps, perhaps none.
00:24:37.420 You're right, Angela.
00:24:38.980 You're right.
00:24:40.000 How about Frankfurt?
00:24:40.920 How many do we have?
00:24:41.800 How many Fords do we have in Frankfurt?
00:24:43.600 Oh, I don't think any.
00:24:45.380 And yet they send their cars to us like a bunch of dummies we are.
00:24:51.600 BMW, Mercedes, Volkswagen, by the millions and millions and millions.
00:24:58.940 And we're not doing that.
00:25:00.620 We're not doing that crap anymore, OK?
00:25:03.860 Now they're going to have to play by our rules.
00:25:05.900 They're going to have to play by our rules.
00:25:09.820 But China, of course, was the biggest abuser.
00:25:12.120 I mean, they were a professional abuser.
00:25:15.540 They did things to us.
00:25:18.300 And they go down as a developing nation.
00:25:20.840 We are a developing nation.
00:25:22.860 But we're a developing nation, too.
00:25:24.360 Just take a look at Detroit.
00:25:26.840 Detroit's a developing area a hell of a lot more than most places in China.
00:25:33.200 So we're not going to let this happen any longer.
00:25:37.520 And I don't think it'll be possible for bad politicians to stop it.
00:25:44.620 I don't think so.
00:25:45.420 Because we've suffered too long and too hard.
00:25:48.500 And I fixed much of it during my four years, but felt that during the COVID period, it would
00:25:53.580 not be the right time to be doing this with countries.
00:25:57.100 I renegotiated with Japan.
00:25:58.640 I renegotiated with South Korea.
00:26:00.120 I renegotiated with many.
00:26:02.060 But, you know, with the COVID, everybody was just literally devastated by that scorch.
00:26:08.020 It was devastated.
00:26:08.980 It was not the right time.
00:26:10.560 So I had to slow it up a little bit.
00:26:12.060 I was hitting them really hard.
00:26:16.280 Abi, Shinzo Abi was great.
00:26:17.920 He was assassinated.
00:26:20.300 What a great man he was.
00:26:21.660 When I went to Shinzo, I said, Shinzo, we have to, I got to know him very well.
00:26:26.520 He was really a friend of mine.
00:26:27.600 He was a great, great man, actually, loved by the Japanese people.
00:26:32.340 He got sick.
00:26:33.440 He had to take a leave of absence for a period of time, but he was going back and he would
00:26:36.800 have gone back and easily gone back.
00:26:40.100 And he was just getting ready to do it.
00:26:41.680 He was, he was much better.
00:26:44.300 I think he was probably cured of what he had.
00:26:47.160 And he was going back.
00:26:48.500 But I said to him, Shinzo, we have to talk about trade.
00:26:53.220 I'm sorry to bring it up.
00:26:54.460 I'm sorry.
00:26:55.640 This is the most one-sided deal I've ever seen.
00:26:59.020 You send millions of cars to us and we can't send you a car.
00:27:02.680 They didn't accept any of our cars.
00:27:04.880 You send all of your farm products to us and you don't want to accept our farm products.
00:27:11.480 I'm sorry, Shinzo, we're going to have to negotiate something.
00:27:14.240 He looked at me and goes, I know.
00:27:16.800 I said, what do you know?
00:27:18.500 He said, well, I know that you were going to be coming back to me and I know that it
00:27:23.940 hasn't been fair.
00:27:25.020 I said, well, how did it happen?
00:27:27.880 He said, well, we'd ask for things and the Americans would agree to it.
00:27:35.520 Your representatives, your presidents, Republicans too, by the way.
00:27:39.420 I'm not talking just Democrats.
00:27:40.680 He said, we were friends.
00:27:43.320 He would say this.
00:27:44.160 I probably wouldn't say it if he were around because it's not very nice, but he told the
00:27:49.600 truth.
00:27:50.300 He said, I said, how did you get these deals?
00:27:53.500 He said, we would ask and they would approve.
00:27:57.420 And we were amazed ourselves, but I knew you'd be coming to see me.
00:28:03.320 And I said, I have to see you, Shinzo.
00:28:06.380 And we made a new deal with Japan, but we were stuck with an old one, so I couldn't negotiate
00:28:12.240 as good as I normally would.
00:28:14.040 But we made it palatable and we were going to really make it palatable when this one came
00:28:19.280 up.
00:28:20.000 But he was great.
00:28:20.880 But he looked at me.
00:28:21.580 I'll never forget it quite.
00:28:24.380 He said, he called me Donald.
00:28:27.420 Donald.
00:28:29.860 I knew, I knew that you would be coming back because I knew that you understood it.
00:28:36.680 But he also said that other people didn't.
00:28:38.920 It was, you know, actually, it was quite sad, actually.
00:28:42.920 And it's that way.
00:28:44.220 I would, I would look at these deals and say, who, who negotiated these deals?
00:28:48.300 They were so bad.
00:28:49.100 But it's amazing that we even exist.
00:28:51.100 But we have, we have 36 trillion in debt.
00:28:55.160 We do have 36 trillion.
00:28:56.560 We can't forget that.
00:28:57.420 So it's not like, oh, gee, that's been, you know, we've been a little bit unlucky or something.
00:29:02.120 No, we've been just for years and years and years.
00:29:04.820 We've been accumulating.
00:29:05.880 We'd have these deficits that are monstrous.
00:29:08.860 We had five, six, seven, 800 billion deficit with China, just alone with China.
00:29:17.680 And today it was announced we have the highest deficit we've ever had.
00:29:21.920 Almost two trillion dollars.
00:29:23.360 Think of that.
00:29:25.140 We have almost two.
00:29:25.900 And we have the highest deficit we've ever had with, with China.
00:29:29.680 And that won't last long.
00:29:32.420 It's not going to last long.
00:29:33.460 We'll be able to do something about it.
00:29:35.380 Because China wants to do business with us.
00:29:37.280 But they think we're stupid.
00:29:39.120 They think we're stupid people.
00:29:40.560 And then they see our president.
00:29:45.680 And then they see a person that is representing the Democrat Party and got no votes and was the first one out.
00:29:54.880 She was the first one out.
00:29:55.800 Think of it.
00:29:56.160 She was the first one out.
00:29:57.120 She never made it to Iowa.
00:29:58.300 22 people running.
00:29:59.940 And she was the first one to quit.
00:30:01.600 And now she's running.
00:30:02.800 And it's all right.
00:30:03.840 But nobody's ever had to run against two people before.
00:30:06.300 First, I had to run against him.
00:30:08.260 Then we had the debate.
00:30:09.960 And his numbers weren't good.
00:30:11.420 And, you know, it looked like he was going to lose.
00:30:13.220 So they said, you're going to lose.
00:30:14.500 And we want you out.
00:30:16.560 And eventually he agreed to go out.
00:30:18.280 He didn't want to.
00:30:18.960 He's a very angry man, by the way.
00:30:22.280 And he hates her.
00:30:23.120 And then it was a question.
00:30:28.140 They have a person in the state who some people talked about.
00:30:31.880 They had a lot of people.
00:30:33.920 But they had about 12 people.
00:30:36.240 And they put her in.
00:30:37.460 12 people plus her.
00:30:38.540 She was number 13.
00:30:39.680 She was rated number 13, too.
00:30:41.340 There are 12 people that they wanted more.
00:30:42.840 But they didn't want to be politically incorrect.
00:30:45.340 And they chose her.
00:30:46.520 And we're running against her.
00:30:48.320 But if she gets in, it'll be a disaster for this country.
00:30:51.160 Basically, if a country or any country is charging us tariffs, very important, reciprocal.
00:31:01.040 If they're charging us tariffs for a certain product or tariffs at all, if they're charging us tariffs at all, which almost all of them do,
00:31:10.800 then we will likewise charge them tariffs.
00:31:13.980 And we will quickly reciprocate.
00:31:16.400 In other words, we have countries that are charging us 150% tariff.
00:31:23.060 And we charge them 2%.
00:31:25.060 And I actually went to a politician, a senator from the great commonwealth of Pennsylvania.
00:31:33.540 He'll figure out, because he wasn't able to run, because I wouldn't endorse him.
00:31:37.260 Because I called him the anti-tariff person.
00:31:41.220 I thought he was not a bright person.
00:31:44.060 And he was one of the few that said, no, no, we cannot charge tariffs.
00:31:48.320 I said, but they're charging us 150%.
00:31:51.020 So can we charge them 100%?
00:31:53.640 Sir, no, we can't.
00:31:55.600 Why?
00:31:56.380 It's not free trade.
00:31:57.420 I said, really not free trade?
00:31:58.760 Well, what about them?
00:32:00.360 No, sir, it's not free trade.
00:32:02.000 Can we charge them 50?
00:32:03.380 They're charging us 150.
00:32:05.040 Can we charge them 50?
00:32:06.200 He goes, no, sir, it's not free trade.
00:32:09.940 I said, you're either the dumbest human being I've ever met, or you're a crook.
00:32:18.280 One or the other.
00:32:20.040 And he's no longer a senator.
00:32:21.840 He decided not to run.
00:32:23.900 But I think it was a disgrace.
00:32:25.540 I had a lot of problems with him.
00:32:27.620 But basically, one of two things will happen.
00:32:30.760 They're going to call us, or I will call them and say, look, we can continue to play this game, or we can save a lot of energy and pain and bookkeeping, and we'll just all drop the tariffs.
00:32:46.040 Right?
00:32:47.720 We'll just all drop the tariffs.
00:32:49.340 Or we can get paid royally every time a shipment of their goods comes to our shores, and we'll make a lot of money.
00:32:57.880 One way or the other, we win.
00:33:00.000 But it's reciprocity.
00:33:01.560 We'll probably, I think for the most part, they're going to drop the tariffs.
00:33:04.760 Right now, they're not going to drop them.
00:33:06.040 We have countries that are charging us 100%, 150%.
00:33:12.140 Think of it.
00:33:14.400 And we charge them nothing.
00:33:17.440 It's been a pillaging of our country.
00:33:23.040 It's been a terrible, terrible thing.
00:33:25.200 This has been going on for a long time.
00:33:27.120 I started changing it a lot fast.
00:33:30.640 I changed it with a lot of countries.
00:33:32.600 A lot of countries don't like me.
00:33:34.020 You know, I get always bad publicity.
00:33:35.340 This one doesn't like me.
00:33:36.740 Germany doesn't like me.
00:33:38.700 A lot of countries don't like me.
00:33:40.540 They say, who do you like better?
00:33:42.860 Sleepy Joe Biden or Trump?
00:33:44.960 Oh, I like Biden better.
00:33:46.620 Yeah, because he didn't let them do what they're doing.
00:33:49.740 He doesn't have a clue, the guy.
00:33:52.020 He just goes to sleep at 4 o'clock every damn day.
00:33:55.460 He doesn't have a clue.
00:33:57.420 And he's destroying, you know, they're destroying our country.
00:34:00.520 You see, that's the real threat to democracy, stupid people.
00:34:03.460 That's the threat.
00:34:04.180 But our biggest threat to democracy is stupid people.
00:34:14.080 But there's a third thing that can happen, and that's the fact that if they want to avoid
00:34:20.120 this payment, and this is the best thing of all, they can come in and build a plant or a factory
00:34:25.280 in the United States and spend all of their money and build, and I don't care what country
00:34:30.960 it is, and they're going to hire American workers, and they're going to have a factory
00:34:34.660 in the United States.
00:34:35.720 And then you don't have to pay a tariff.
00:34:37.440 And won't it be beautiful?
00:34:38.640 We'll have job numbers like you've never had before.
00:34:40.900 And that's actually, to me, the best of the three things.
00:34:44.540 So it's a very simple thing to understand, and they've been doing it for years.
00:34:48.700 But they do it very quietly, and they do it intelligently, and a lot of people don't see
00:34:53.740 what they're doing.
00:34:54.500 As an example, you want to sell cars in China, they tell you, build your plant in China.
00:35:00.900 If you don't build a plant in China, we're going to charge you a tariff that, you know,
00:35:04.680 you're never going to pay it.
00:35:06.660 So a lot of people go over to China, and they build their plant.
00:35:10.200 The only question I have is, where do we stop with reciprocity?
00:35:14.840 Because, frankly, we have much more to offer, and they've been screwing us for so many years
00:35:21.420 that we're allowed to get some of that back.
00:35:24.740 So I say, do we want to stop on an even basis?
00:35:28.800 We won't do this, we won't do that, or do we want to stop on a basis?
00:35:32.120 You don't do it to us, but we're going to still do it to you a little bit.
00:35:35.880 And that's where I am, I think.
00:35:41.100 And in a way, they owe it to us, you know?
00:35:43.120 In a way, they owe it to us, because they've been taking advantage of us for decades.
00:35:50.340 And in a way, and it's made us, it's injured us.
00:35:52.800 We're injured, we're an injured country from trade.
00:35:56.860 And, you know, with NATO, when I got there, 28 countries they had at the time,
00:36:03.660 and only seven were paid.
00:36:06.400 The rest of them weren't paying, or they were paying a smaller amount
00:36:09.060 than they were supposed to pay, including Germany, by the way.
00:36:11.560 Germany wasn't paying, can you please?
00:36:14.920 Because they said, we're stupid, we're going to take care of them anyway, why should they pay?
00:36:19.080 A lot of the countries felt that way.
00:36:21.840 And I made them pay.
00:36:23.160 I said, you've got to pay.
00:36:24.180 And one person at a very closed meeting, the press knew about it a little bit,
00:36:27.980 but they never reported it, because it was a good thing, not a bad thing.
00:36:31.580 So naturally, you don't hear about that.
00:36:33.320 But it was at a meeting, and he stood up, the head of a country, of one of the countries.
00:36:38.880 He said, so does that mean that if we don't pay, you will not protect us from Russia?
00:36:45.120 It used to be the Soviet Union, now it's Russia.
00:36:47.760 Sort of the same thing.
00:36:49.340 I said, that's what it means.
00:36:52.840 You will not protect us?
00:36:54.340 I said, are you delinquent?
00:36:55.440 Delinquent, yes.
00:36:57.460 Let's say we're delinquent.
00:36:58.720 I will not protect you under any form.
00:37:01.500 You will not be protected.
00:37:03.640 And the following day, we took in billions and billions of dollars.
00:37:07.120 The money came in, and Stoltenberg, the Secretary General, a good man,
00:37:13.280 he said it was the most amazing thing I've ever seen.
00:37:16.620 Obama would come and make a speech and leave.
00:37:19.460 Bush would come and make a speech and leave.
00:37:22.280 Trump would come and look at the statement and say, man, because we were almost paying
00:37:29.100 for all of NATO.
00:37:30.200 So we were getting screwed on NATO and screwed on trade.
00:37:36.420 A double.
00:37:38.500 Nobody else would have done.
00:37:39.500 This is crazy.
00:37:40.300 So we're protecting you, and you're taking advantage of us on trade.
00:37:44.840 I said, sorry, we're not going to take it anymore.
00:37:47.740 But the money came.
00:37:48.560 We took in hundreds of billions of dollars in NATO.
00:37:50.860 Hundreds of billions.
00:37:54.020 And by the way, they should be paying three to four percent, not two percent, okay?
00:37:58.860 They're two percent.
00:37:59.920 They should be much higher than that.
00:38:01.660 But that's up for whoever is going to be the next president.
00:38:07.540 I think Kamala, it's not going to be high on her list.
00:38:09.800 I don't think anything that we're talking about today is high on her list.
00:38:13.820 The whole country is going to be like, you want to know the truth?
00:38:16.980 It'll be like Detroit.
00:38:18.160 Our whole country will end up being like Detroit if she's your president.
00:38:21.660 You're going to have a mess on your hands.
00:38:23.220 She destroyed San Francisco.
00:38:24.800 She destroyed, along with Newscom, California.
00:38:28.300 And we're not going to let her do that to this country.
00:38:32.800 We're not going to let it happen.
00:38:34.900 So we are the piggy bank that everyone wants.
00:38:40.880 That someday we will continue along the path.
00:38:44.840 We've been, really, it's been an amazing path.
00:38:47.720 It's been a horrible period of time.
00:38:49.640 But almost the last four years, we will be, I will tell you that if I get elected, we will
00:38:57.320 be a piggy bank stronger than ever before.
00:39:00.100 But we will be a fool no longer.
00:39:03.840 We will, if you get her, lose our wealth.
00:39:09.420 We're going to lose our power.
00:39:11.140 And we'll also lose our reserve currency status, which will be like really losing a war.
00:39:18.580 If we lose that, it'll be horrible.
00:39:20.900 But we're losing it right now.
00:39:22.600 You're losing your reserve currency, the dollar, the dollar.
00:39:26.680 So many countries aren't participating.
00:39:28.500 Look, China wants to take that over.
00:39:30.860 That's one of the many things that they want to take over.
00:39:33.560 We can deal with China, you know.
00:39:35.460 We can deal with China.
00:39:37.180 And we can deal with Russia.
00:39:39.180 And we can deal with North Korea.
00:39:41.100 Obama at our meeting prior to taking over, when I took over, it's just a ritual at a meeting.
00:39:46.860 And he said, the biggest problem is North Korea.
00:39:50.680 And very quickly, it was nasty for a while.
00:39:54.480 Little rocket man, a lot of insults.
00:39:57.380 Remember when he said, I have a red button on my desk.
00:40:00.800 I said, I have one too, but mine's bigger and mine works.
00:40:03.860 Remember that?
00:40:05.120 He said that.
00:40:05.940 And a lot of people were saying, this is getting to be very heated.
00:40:09.400 And then he called and he wanted to meet and we met.
00:40:12.500 And I got along great with him.
00:40:14.100 I hate to say it because the press goes crazy when you say that.
00:40:17.000 But that's a good thing.
00:40:18.000 It's a good thing, not a bad thing.
00:40:19.500 A lot of nuclear weapons.
00:40:20.660 But we got along very well and you had no problem.
00:40:24.120 Nobody was threatened after that.
00:40:26.000 They're threatened now.
00:40:28.100 You could very well end up in World War III right now.
00:40:31.120 You're very close to it.
00:40:31.980 You're closer than ever.
00:40:33.640 This is the closest we've ever come to World War III.
00:40:36.200 You are so close to it because you have incompetent people in the White House.
00:40:40.860 So that would reduce us if we lose the dollar.
00:40:44.520 That would reduce us to third world status very quickly.
00:40:48.420 But again, I would come into play and tariffs would come into play.
00:40:52.140 And I'd call those countries that want to stay away, but they do business.
00:40:55.640 They come in and they take our money and they take our jobs like we're like just so easily.
00:41:01.980 And I would call them and I say, if a country, let's say, ready to go to China with their currency
00:41:08.220 or someplace else, but China is about 99% of the problem, in all fairness.
00:41:14.080 I would say to them, if you do that, I'm going to hit you with tariffs like you've never seen before.
00:41:22.000 Or I'm going to not let you trade with the United States.
00:41:25.740 And I'm going to also hit you with tariffs.
00:41:28.280 Double whammy if you get anything through, but you're not because we're not going to do any business with you.
00:41:32.500 And they will then call us and they will say, sir, we have decided that we love the dollar very much
00:41:38.500 and we're going to stay.
00:41:39.580 That's what they will say every single time.
00:41:42.240 So, you know, tariffs are a very important thing.
00:41:45.460 They need a PR agent to straighten out that word.
00:41:50.580 If I was Mr. Tariff, I would say, please get me a PR agent.
00:41:53.860 I have to straighten out.
00:41:55.520 It's one of the most beautiful words in the whole world.
00:41:59.720 It's going to make us wealthy again.
00:42:01.580 The other word is reciprocity is going to make us wealthy again.
00:42:06.300 We're going to be a very wealthy country very quickly, very, very quickly.
00:42:10.280 You know, our greatest wealth probably proportionately was in the 1880s and 90s and the early 1900s
00:42:17.700 where we had so much cash, they would set up committees.
00:42:21.880 They didn't know what to do with their wealth.
00:42:23.720 We had such wealth in this country.
00:42:26.320 They didn't know what to do with their wealth.
00:42:28.420 They had no idea.
00:42:29.480 They would set up.
00:42:30.200 We had so much money, all from tariffs.
00:42:33.020 There was no income tax.
00:42:35.360 And then they went to the income tax stuff, and it was a whole different story.
00:42:38.880 Then you had the Depression.
00:42:40.340 A lot of people said, oh, tariffs may be caused.
00:42:42.960 It didn't.
00:42:43.680 It wasn't.
00:42:44.380 Tariffs came in in 1932 after the Depression.
00:42:47.340 They tried putting tariffs on to see if they could save.
00:42:50.560 They said, we got to save this thing.
00:42:52.360 But it was long gone.
00:42:55.420 It was gone.
00:42:56.260 I will do this with each and every abandoning country.
00:43:00.740 If they abandon us, meaning they abandon our currency.
00:43:04.560 And our reserve currency will be stronger than ever before.
00:43:07.400 We'll have everybody in there.
00:43:08.800 Everybody will be happy to be in there, including China.
00:43:12.240 Because they'll tell China the same thing.
00:43:14.020 If you want to play games with us, we're not going to trade with you.
00:43:16.500 You know, they make a trillion dollars a year with us.
00:43:20.520 They built our military.
00:43:21.700 They make so much money.
00:43:23.020 I said, we're not going to do any business.
00:43:24.720 We'll go cold turkey.
00:43:25.780 A lot of people would like to do that anyway.
00:43:28.220 But we're going to go cold turkey.
00:43:30.360 And we're going to go with 100% and 150% tariffs.
00:43:34.700 So if anything does get through, you're going to have to pay tariffs.
00:43:38.540 You know, China is very smart, I'll tell you.
00:43:40.320 When I put the tariffs on the steel, they were very unhappy.
00:43:44.160 But they didn't tell me.
00:43:45.040 They said, it doesn't matter we're China.
00:43:47.580 I said, oh, it doesn't bother them.
00:43:49.260 So then ask them for more.
00:43:50.940 That was my initial reaction.
00:43:52.800 We started at 25%.
00:43:54.320 I said, they said it doesn't matter.
00:43:57.920 And I said, all right, so ask them for more.
00:44:00.260 So we asked them for more, 10%.
00:44:02.400 It didn't bother them.
00:44:04.240 That's what they said, but it did bother them.
00:44:06.360 But they're great players.
00:44:07.460 They're great poker players.
00:44:08.860 It didn't bother them.
00:44:10.040 I said, well, ask them for more.
00:44:12.660 Ask them for more, more, until it bothers them.
00:44:16.800 And finally, I got a call from President Xi.
00:44:19.180 He said, you're killing us with the tariffs.
00:44:22.020 And then we got along after that.
00:44:23.720 You know, it's very strange.
00:44:25.060 But they're great poker players.
00:44:26.680 They're great negotiators.
00:44:27.640 All these countries are great negotiators.
00:44:29.840 The only one that isn't is the U.S.
00:44:31.540 We're the dumb country.
00:44:34.160 We're like the pot of gold that's rapidly shrinking.
00:44:38.400 So very much like I told them that if they buy oil from Iran, I would not be trading with them.
00:44:45.740 You know, Iran was broke when I left office.
00:44:49.280 And I don't want them to be broke.
00:44:50.840 I want them to be a strong country.
00:44:52.720 I just don't want them to have a nuclear weapon.
00:44:55.020 It's very simple.
00:44:56.580 And you protect Israel.
00:44:59.600 And frankly, you protect the Middle East.
00:45:02.680 I want to protect the Middle East, the whole Middle East.
00:45:05.000 And I want, I hate to see this death to everybody.
00:45:08.380 People that have nothing to do with anything are being killed all over the place on both sides.
00:45:15.120 Nobody wants that.
00:45:16.200 We have to, we have to protect everybody.
00:45:19.680 And, and China didn't buy any oil.
00:45:24.100 I said, if you buy one barrel of oil from Iran, one barrel, I said, then you're going to not do any business with the United States.
00:45:34.660 And we're going to oppose tariffs if you do get something through, very substantial, over 100%.
00:45:39.740 And they said, we'll pass.
00:45:42.980 I told this to President Xi.
00:45:45.140 He said, we'll pass.
00:45:46.240 They didn't do any business.
00:45:47.640 And Iran was, and I said this to many countries, by the way, not just China.
00:45:52.660 And, I mean, many countries treat us worse than China.
00:45:55.400 You want to really know the truth.
00:45:56.620 But we, China seems to be the one we talk about.
00:45:59.820 But before I came along, nobody talked about China.
00:46:02.100 They had a free pass.
00:46:02.980 They were going, you know, run silent, run low.
00:46:07.520 Right?
00:46:07.800 You know that expression?
00:46:09.320 Submarine.
00:46:10.040 They were, nobody knew.
00:46:12.360 But I woke up our country a little bit.
00:46:18.580 But Iran was broke.
00:46:20.300 They had no money for Hamas or Hezbollah.
00:46:24.300 And I didn't want to see them broke.
00:46:25.800 I wanted them to be thriving.
00:46:27.040 But I just had to negotiate.
00:46:29.380 The only problem was, he was the only problem.
00:46:31.540 The election took place.
00:46:33.860 And it was very shocking to a lot of people.
00:46:37.720 And when they took over, they didn't do anything.
00:46:40.340 They didn't do anything.
00:46:41.520 They actually did the opposite.
00:46:43.320 They allowed everybody to go and buy oil.
00:46:46.040 They allowed everybody to do all of those things.
00:46:48.580 And Iran became very wealthy again.
00:46:52.620 They now have $300 billion in cash.
00:46:55.820 They're very wealthy.
00:46:57.620 They control Iraq, which was a stupid move, going Iraq.
00:47:01.860 I remember I said, don't do it, don't do it, don't do it.
00:47:03.840 But I said it as a civilian.
00:47:06.140 Then they did it.
00:47:06.800 I said, okay, you've done it.
00:47:08.280 Keep the oil.
00:47:10.040 They didn't do that either.
00:47:11.920 So we go in, we blow up countries, and then we leave.
00:47:14.800 We got nothing except dead people all over the place on both sides.
00:47:19.200 How stupid are we?
00:47:20.800 That was a Cheney deal and a Bush.
00:47:23.260 How stupid are we?
00:47:25.020 Not just Democrats.
00:47:27.120 It's both.
00:47:27.760 I'm equally angry at both because we have humanity to think about also.
00:47:34.160 You do.
00:47:34.520 You have humanity to think about.
00:47:36.200 And all of these things, they should have never happened.
00:47:38.620 Ukraine should have never happened.
00:47:41.940 October 7th should have never.
00:47:43.560 It should have never happened.
00:47:45.220 If you had smart people at the White House that knew something, a little bit of something,
00:47:50.900 it wouldn't have happened.
00:47:51.720 Think of the world, how different it would be.
00:47:53.440 You wouldn't have Ukraine, Russia.
00:47:55.140 You wouldn't have had October 7th.
00:47:56.840 You wouldn't have this horrible thing that's going on.
00:47:59.440 You wouldn't have had inflation.
00:48:01.880 You wouldn't have had the worst, most embarrassing day in our history.
00:48:05.100 We were leaving Afghanistan.
00:48:06.520 I'm the one that got them down, but I would have kept Bagram.
00:48:09.540 You know why I would have kept Bagram?
00:48:10.740 It was one hour away from where China makes its nuclear weapons.
00:48:14.100 One hour away.
00:48:15.800 So you see, the ideas and the policy are important, but the most important thing of all is the messenger.
00:48:22.560 Because I could give that same message to a stiff, and it wouldn't resonate at all with the other side.
00:48:30.440 You have to have the right messenger.
00:48:32.660 Somebody said, oh, we love Trump policy, but we don't like Trump.
00:48:35.900 I think they do.
00:48:36.840 They said, women don't like me.
00:48:38.140 I think women love me because they want to be safe.
00:48:40.200 And with me, they're safe.
00:48:41.200 With other people, they're not safe.
00:48:42.540 It's true.
00:48:42.960 So remember, I want tariffs, but a very, very big, easy, and uncomplicated part of it is reciprocity.
00:48:57.140 Because that comes along with it, very simply.
00:48:59.860 And all tariffs against our nation must come off.
00:49:04.240 They have to come off.
00:49:05.900 They've got to come off immediately.
00:49:07.840 Because we're going to meet them with an equal tariff.
00:49:10.260 And they will come off, for the most part.
00:49:12.580 But if they don't, they have to pay a big price.
00:49:14.640 So next, in addition to this rather easy thing to understand.
00:49:18.460 By the way, does everyone understand this?
00:49:20.680 Does everybody?
00:49:21.400 Do you understand?
00:49:22.100 Is there anybody that doesn't understand it?
00:49:25.580 Would you please raise your hand?
00:49:27.500 Raise your hand.
00:49:28.080 Does anybody not understand it?
00:49:30.580 See?
00:49:31.560 How simple is that?
00:49:32.600 I'd like to see the person.
00:49:34.680 I really don't, sir.
00:49:36.400 Didn't they have a front page story?
00:49:39.020 And we had a couple of dummies in the room.
00:49:42.260 But we will implement further protections for critical industries that are fundamental to our national interests.
00:49:49.600 And those include, above all, steel and the car industry.
00:49:53.840 The car industry is critical to us.
00:49:56.200 Because we can't fight a war if we can't make cars and trucks and engines and transmissions and drivetrains.
00:50:05.180 Surrendering our car industry is not an option.
00:50:07.460 We have to make our car industry brilliant again.
00:50:10.160 We have to make it bigger.
00:50:11.400 I'm going to make it bigger than it was ever before.
00:50:14.580 Now, I'm going to make it real, very quick it's going to go.
00:50:17.620 But to bring it to that level, I guess I'll need a little more time.
00:50:21.180 But I won't have that time.
00:50:22.320 But I'm going to have, I'm going to hand it over to people.
00:50:25.340 We're going to, we're going to make this country so strong.
00:50:29.720 And it's going to be so much easier to run.
00:50:32.300 And I think we're going to end up actually having a lot of support from the other party.
00:50:35.980 I really believe that.
00:50:36.960 I think it's too basic.
00:50:38.540 It's too basic.
00:50:39.200 So as I said, China is currently building gigantic auto plants in Mexico.
00:50:46.520 And they think that they're going to sell all of these cars into the United States, which would destroy Michigan, totally destroy your state.
00:50:56.020 But it's not going to happen.
00:50:58.400 Not going to happen.
00:50:59.620 Not even close.
00:51:00.980 They might as well stop building the damn plants.
00:51:04.380 They are giants.
00:51:06.400 Sure, you really have to see them.
00:51:08.420 I said, I don't want to see them.
00:51:10.820 I will impose whatever tariffs are required.
00:51:13.640 100 percent, 200 percent, a thousand percent.
00:51:18.780 They're not going to sell any cars into the United States with those plants.
00:51:23.120 They're building them close to our border so that they can have easy shipping.
00:51:27.700 Because they're used to having stupid people to deal with.
00:51:30.340 We're not going to let it happen.
00:51:31.460 Those jobs are coming back to Michigan.
00:51:33.740 And they're coming back to other states.
00:51:35.660 And they're coming back to our country.
00:51:37.340 And they're going to make America great again.
00:51:38.940 That's it.
00:51:40.080 And to that end, I'm announcing today that upon taking office, I will formally notify Mexico and Canada of my intention to invoke the six-year renegotiation provisions of the USMCA that I put in.
00:51:55.120 That was the hardest thing I had to get.
00:51:56.560 They didn't want that.
00:51:57.320 They wanted to have it long.
00:52:00.560 But I wanted to, because there's always like little tricks they want to play.
00:52:05.200 I said, nope, I want to be able to renegotiate in six years.
00:52:08.040 Otherwise, we're not making the deal.
00:52:09.360 And I got it.
00:52:09.960 And it's coming due very soon.
00:52:11.220 Oh, I'm going to have a lot of fun.
00:52:12.660 And that will address these concerns.
00:52:18.260 And it will also seek strong new protections against trans shipments so that China and other countries cannot smuggle their products and auto parts into the United States tax-free through Mexico.
00:52:29.820 To the detriment of our workers and our supply chains.
00:52:33.060 They smuggle this stuff in.
00:52:34.420 They don't pay anything.
00:52:35.680 We're going to have very strong language of that.
00:52:37.520 It's not hard once you know about it.
00:52:38.980 But nobody, no politician knows about it.
00:52:42.480 You know, and when they signed the NAFTA deal, there were some mistakes made.
00:52:46.260 Typos.
00:52:46.980 Like typos.
00:52:48.440 There were mistakes made.
00:52:50.560 And they were going to take care of it the following day.
00:52:54.040 30 years later, they said, whatever happened?
00:52:57.120 Like mistakes, like on the numbers, you know, which were always against us.
00:53:02.000 Nobody ever did anything about it except me.
00:53:04.240 I terminated NAFTA.
00:53:05.400 That's a pretty big thing.
00:53:06.460 A lot of people said it would be impossible to do.
00:53:09.020 I got it done.
00:53:10.780 And we have a great deal.
00:53:12.580 Now what we have to do is make it much better even.
00:53:16.720 And we'll be able to do that very shortly.
00:53:18.360 But while I have the Build It in America plan, Kamala Harris has the Build It in China plan.
00:53:25.580 This is really a Build It in China plan.
00:53:27.220 She's going to destroy our country.
00:53:28.500 Her plan is so stupid.
00:53:30.080 Every policy she has rewards companies for shipping jobs overseas.
00:53:35.240 Most significantly, Kamala is a giant tax hiker.
00:53:40.260 The tax queen, they call her, is demanding a shocking, I don't even know, to be honest with you, after watching her on 60 Minutes and on watching that horrible statement that she made.
00:53:52.320 They call it a word salad.
00:53:53.680 I don't really like those words because it was really worse than that.
00:53:57.280 But after watching that, I don't think she's interested in 33.
00:54:01.180 I don't think she has any idea what's happening.
00:54:03.280 Okay.
00:54:04.000 I think she's dumber than hell.
00:54:06.220 And we've had enough of that for four years.
00:54:09.940 We're not going to have it any longer because we're not going to be a country if we have it.
00:54:14.860 You will see that.
00:54:15.980 You've got to see.
00:54:18.200 No, you've got to see.
00:54:19.880 And to think that a member of the media under this big press corps where they get free licensing, they shouldn't have free licensing when they do that.
00:54:29.980 And they change her answer.
00:54:32.520 They take it out, throw it away, and put in a totally different answer in order to protect her, and they get caught.
00:54:41.960 CBS should lose their license.
00:54:44.380 You know, they have a license.
00:54:48.240 They have a license, which is worth billions of dollars, and they pay nothing.
00:54:53.820 All of these networks are all crooked as hell.
00:54:55.880 You saw that with ABC.
00:54:58.580 They go after me, not her.
00:54:59.900 They go after J.D.
00:55:02.300 How good is J.D. doing?
00:55:03.540 Isn't he doing great?
00:55:05.820 They go after J.D., but not this character, this character that calls himself a knucklehead.
00:55:11.880 I've never seen that in a debate.
00:55:15.460 He said, well, he's a knucklehead.
00:55:17.300 I don't want to say I'm a knucklehead because I say, well, I'm quoting him.
00:55:21.000 They'll say, Trump just called himself.
00:55:22.540 That's how crooked they are.
00:55:23.560 So I say, well, actually, you know, it's amazing that he calls himself a knucklehead.
00:55:29.500 Normally I'd say, you know, he calls.
00:55:31.380 So I don't want to do that because if I say that, they're going to say, see, Trump called
00:55:34.860 himself a knucklehead.
00:55:35.720 No, I don't call myself a knucklehead.
00:55:37.600 I call myself somebody that wants to make our country great again.
00:55:41.340 Very simple.
00:55:43.620 The tax queen is demanding a shocking 33% tax hike on all domestic production.
00:55:52.060 That means that everybody's going to leave our country and go to another country where
00:55:55.640 they can pay 15, 16, 18, 19%.
00:55:58.420 It's very simple.
00:55:59.400 It's not that complicated.
00:56:01.260 She wants the largest capital gains tax.
00:56:04.160 Largest gains tax.
00:56:05.860 Think of this in the history of our country.
00:56:09.160 She even plans to tax unrealized capital gains.
00:56:12.520 Think of it.
00:56:13.740 Unreal.
00:56:14.160 Think of what that means.
00:56:15.700 It's an unrealized gain.
00:56:18.080 And she wants to tax it.
00:56:19.660 How do you do that?
00:56:21.460 OK, she wants to tax.
00:56:23.900 And a lot of people are rich, but they have no money.
00:56:26.820 You know, they have good land or they have something or they put all their money into their
00:56:30.260 business because they want to have a business that's going to get better and better and grow
00:56:33.580 and grow.
00:56:34.040 But they're rich, but they have no cash.
00:56:36.580 Now they're going to have to go out and borrow a lot of money to pay a tax.
00:56:39.160 They're going to have to get good appraisers.
00:56:40.620 They're going to have to get a lot of accountants.
00:56:42.220 The only one who's going to make money are appraisers and accountants and lawyers.
00:56:46.080 But those those people, they're all going to leave.
00:56:49.080 They're all going to go to other countries.
00:56:51.280 So if a company succeeds, it must give a lot of its value to the government.
00:56:56.800 And if it doesn't succeed, the government doesn't take any risk.
00:56:59.900 They don't lose, but they do lose, really, because they lose all those jobs and all
00:57:03.180 that, all of those important things.
00:57:05.660 Because if the tax queen gets her way, every company in the United States will leave.
00:57:10.300 I mean, they're going to leave.
00:57:11.480 They're not staying here.
00:57:13.400 There's such competition for companies.
00:57:16.880 It's like a basketball player, a baseball player, a football player.
00:57:20.680 There's a lot of competition.
00:57:21.840 No different.
00:57:22.820 Just bigger numbers.
00:57:23.780 All together, Kamala's $4.1 trillion tax hike is projected to reduce GDP by 2%, raise
00:57:31.840 the typical family's taxes by at least $3,000 a year, lower wages by 1.2%, and kill at least
00:57:40.540 a million full-time jobs.
00:57:42.760 Other than that, I think it's quite a good plan.
00:57:46.640 It's just crazy.
00:57:47.720 I will not let that happen to our country.
00:57:51.400 I will keep your taxes low and your job numbers high.
00:57:56.000 That's what we're going to do.
00:57:56.660 We're going to have the highest job.
00:57:57.680 We had the highest job numbers in history in my administration.
00:58:01.780 We're going to make that look like peanuts.
00:58:04.300 The theft of our companies, factories, jobs, and wealth by foreign countries is over.
00:58:11.060 We are not going to allow it to happen anymore.
00:58:13.980 And many of those who left will be coming back, and they're going to be coming back fast.
00:58:18.820 They want to come back.
00:58:20.180 They want to come back.
00:58:21.260 I produced that with the money.
00:58:23.400 They took in money.
00:58:24.200 We took in hundreds of billions of dollars, came back into our shores once I made that
00:58:29.080 change on the tax law, which had to get approved by Congress, believe it or not.
00:58:33.900 Next, to reduce costs for both manufacturers and consumers, I will remove 10 old regulations
00:58:40.000 for every new regulation.
00:58:42.120 Every time we put on a regulation, we cannot put it on unless – and I did that, and that's
00:58:48.280 what gave us – we had it up very high.
00:58:50.620 We had it about 7 to 1, it turned out, and we had it up high.
00:58:53.740 Now we're going to bring it up to a newer level, a higher level.
00:58:57.180 And I will start by terminating Kamala's insane electric vehicle mandate on day one.
00:59:03.760 It's killing our car industry.
00:59:06.540 Kamala's EV mandate is killing the U.S. auto industry.
00:59:12.020 It requires that within just a few years, 67% of all new cars and trucks must be electric.
00:59:20.120 And it doesn't work for trucks at all because of their weight, their payload doesn't work at all.
00:59:28.460 And because they can't go far.
00:59:30.400 I was with the truckers recently because they came to see me because they don't know what to do.
00:59:36.440 They say they want us to go all electric with trucks.
00:59:40.720 And I was with one man who was a giant in the industry, older guy, very smart, just like 29,000 trucks, 29,000.
00:59:48.680 I said, what the hell, 29,000?
00:59:51.540 He said, yes, sir.
00:59:53.740 And I've been buying trucks for 50 years.
00:59:55.900 And every single damn year, those trucks got bigger and better and more efficient and more beautiful.
01:00:04.940 They could carry more payload.
01:00:07.600 They could do every single year.
01:00:09.700 And then we put apartments on those trucks.
01:00:11.820 He called it an apartment.
01:00:13.860 And so in the cab where they put these things where they can live, he said,
01:00:17.900 and those damn apartments now are so beautiful that you'd love to live in one of them.
01:00:23.100 And he said, I don't know.
01:00:24.320 I'm going to leave Mar-a-Lago and move into the back of a truck.
01:00:29.560 But it's beautiful.
01:00:33.800 I can't think of worse things, to be honest with you.
01:00:36.220 Sort of cool, right?
01:00:37.320 Travel all over the country.
01:00:39.540 But he said, they get better.
01:00:43.060 So then I said, well, what's wrong with the electric?
01:00:45.340 He said, if we go from New York to Los Angeles, we have to stop six times.
01:00:51.120 And you'll never find a charger.
01:00:54.320 But assuming you had charges, which you won't have.
01:00:57.140 They built, as you know, big story, eight charges someplace in the Midwest.
01:01:04.080 They spent nine billion dollars.
01:01:06.580 This is like a gas pump with electricity in it, right?
01:01:09.640 Boom.
01:01:10.740 They spent nine billion dollars and three of them don't work.
01:01:13.940 Now, if you did the whole country at that rate, it would cost you ten trillion dollars, ten trillion.
01:01:22.860 But they said, we have to stop six times.
01:01:26.960 And they're long stops, much longer than fill it up like a tank.
01:01:31.720 He said, with a big load of diesel, we can get all the way and we can even start coming back without a stop.
01:01:37.980 And the truck gets lighter as you go along.
01:01:40.200 The other thing he said that people don't know is that an electric truck would be two and a half times heavier because batteries are very, very heavy.
01:01:49.060 And that would mean you'd have to rebuild every bridge in the United States of America because they're not designed for that kind of a weight.
01:01:56.080 So every bridge in the United States would have to be rebuilt.
01:02:00.300 And also, he said, a couple of other little problems.
01:02:03.300 He said, the battery is so big it would take a lot of our payload.
01:02:06.280 We'd lose 40 percent of our payload.
01:02:08.220 We'd have to have battery in there instead.
01:02:11.060 I said, so when you tell them this, if you're a child and somebody said that, you'd say, OK, let's think about it in 10 years or 20 years from now.
01:02:18.820 Does it work?
01:02:20.140 He said, we tell them.
01:02:21.460 They said, we don't care.
01:02:22.560 Just we want you're going to order all electric.
01:02:24.560 This is like a dictatorship.
01:02:27.020 These people are sick.
01:02:29.360 Now they want to make our army tanks all electric.
01:02:33.100 I saved the army tanks up in Ohio where they make them.
01:02:38.000 And because I hated the fact that they were closing it.
01:02:40.760 When I was president-elect, I got called from the great Jim Jordan, congressman from Ohio in Lima.
01:02:47.920 They have a plant that manufactures the army tanks.
01:02:51.340 They were going to close it.
01:02:52.740 And I looked.
01:02:53.640 I went there.
01:02:54.120 The complexity, the talent, the people they had work in there was incredible.
01:02:59.180 And I said, we're not closing this plant.
01:03:01.000 And now it's the number one producer.
01:03:02.760 It's incredible.
01:03:03.820 But now they want to make army tanks that are electric because they want to go into a country and blast the crap out of it in an environmentally friendly way.
01:03:12.860 But these people are crazy.
01:03:13.340 But these people are crazy.
01:03:14.620 And the problem is the electric battery is so big and so heavy that it would have to be in like a wagon that a child pulls behind the tank.
01:03:26.200 They pull in, they pull in a battery and it would have to be and it doesn't work.
01:03:32.560 They want to make everything electric.
01:03:34.060 And yet think about it, they want to make everything electric, but, and I'm a big fan of electric.
01:03:39.600 I think it's great there are certain applications.
01:03:41.500 I mean, Elon Musk endorsed me powerfully, okay?
01:03:45.260 We love him.
01:03:46.120 Thank you.