＂Trump's BIGGEST Win Yet＂ - Trump's EU Trade Deal FORCES MSM Pundits To Admit Deal Is HUGE!
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Summary
Trump strikes a trade deal with the EU and they agree to open up their countries to trade at zero tariffs. This is a big win for the U.S. and a victory for the EU, and a win for President Trump.
Transcript
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Trump, EU's von der Leyen, great name, strike trade deal for 15% tariffs.
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By the way, this is, Vinny found the clip of everybody being forced,
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I think one of the clips you find is CNN, being forced to say,
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how do you argue against this? This is a great victory.
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Rob, can you first play that clip on the agreement that they made with the other folks?
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The European Union is going to agree to purchase from the United States
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They are going to agree to invest into the United States
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$600 billion more than they're investing already.
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But they're going to invest an additional $600 billion.
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They're agreeing to open up their countries to trade at zero tariff.
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So that's a very big factor, opening up their countries.
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All of the countries will be opened up to trade with the United States at zero tariff.
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And they're agreeing to purchase a vast amount of military equipment.
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The good news is we make the best military equipment in the world.
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Rob, I just sent you the clip if you can go to it.
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Reporter asks, are you open to doing better than 15%?
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Can you do better than a 15% tariff rate for the EU?
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This is the greatest parenting lesson you can get.
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Your views are in on the new trade deal announced with the European Union.
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The Financial Times says the deal marks a victory for Trump.
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Is this a fantastic deal then struck by Donald Trump?
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Absolutely a victory on behalf of the Trump administration.
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Well, the bottom line is this is the biggest trade deal in President Trump's effort to
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On this deal, the European Union, this is a big win for the U.S.
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The bigger picture is that Trump is still very much pursuing his longer-term goal of achieving
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Certainly, the president ought to take a victory lap.
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I think it ends up being good for the European Union.
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And it's so awesome that even Bill Maher, Bill Maher is starting to become more and more
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And this is what Bill Maher had to say about tariffs.
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At this point, the two biggest MAGA guys I know is Adam and Bill Maher.
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I remember I, along with probably most people, were saying at the beginning, oh, you know,
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by the 4th of July, somebody had to think how the country was, the economy was going
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And I was kind of like, well, that seems right to me.
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So let's work first from the reality of that, not from I just hate Donald Trump.
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Because that's boring and doesn't get us anywhere and leads you to dishonesty.
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Because the truth is, I don't know what his strategy is.
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I know not everybody lives by the stock market.
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I see people out there just living their lives.
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And I would have thought, and I got to own it, that these tariffs were going to fucking
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Tom, what do we know about what happened yesterday?
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Well, it's a big deal because Trump said, I'm not America only, but I'm going to be America
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And then he rumbled, and there were parts of it that were a little weird, like when
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the calculation of the tariffs came out and said, wait, are you talking trade deficit or
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And there were some moments that the administration had on that, trying to explain how the calculations
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But what he wasn't wrong about was, excuse me, what he did not mislead us about is, I'm
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going door to door, and I may not be America only, but I'm going to be America first, and
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I'm going to get deals for us, and I'm going to get things done.
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And there's other deals that he's still talking about that are getting done.
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That's the only word that I would change in Bill Maher.
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They were betting against America, rooting against America, as we talked about an hour ago
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on this podcast, and they were hoping bad things would happen.
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But he takes W after W after W on these things.
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And they're $600 billion going to be bought from the U.S., additional $600 billion with
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Now that may be two bombers and a battleship, and it kind of uses up the budget.
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But, I mean, they're buying more things from the U.S.
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That woman there, she is the head of the EU Economic Commission.
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Well, all April, I sat through panel after panel after panel being assured that the
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We were going to have a recession that, you know, just like Bill said, the economy was
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You know, we did constant coverage, frankly, the stock market every day.
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And there's little coverage now of the record highs in the stock.
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But the narrative was tariffs must be bad, and we will tell you how it's going to be
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They didn't bank on Trump being right about leverage and the fact that every other country
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in the world wants access to the American market.
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And these trade relationships needed to be rebalanced.
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Europe has underinvested in its military for decades.
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Those are the two commodities that the president, industries that the president thought would
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So, you know, you couldn't get American cars in Europe.
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Now, we're going to have a 0% tariff on American cars going that direction.
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That's a good thing for people who make cars in the United States.
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One of the ambassadors said, he figured out exactly what our pain threshold was.
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And in fact, he figured out what our pain threshold was.
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How much pain can I inflict and still get the deal I want?
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Even the people who hate Trump are admitting it.
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Scott, what do you think is going to happen August 1st?
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You know, they just struck this deal with the EU.
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So, Besson is meeting with his Chinese counterparts in Sweden this week.
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So, obviously, you're looking for news on that.
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Look, there's about 17 to 20 countries that make up the bulk of our trade.
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And so, you know, my anticipation is there'll be more announcements.
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And, you know, maybe if you're close on somebody and you don't get it done by August 1st, maybe you give them a week reprieve or whatever.
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But I think for the 17 to 20 countries that matter the most, he's looking to get it right.
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And for the rest of the world, they'll want to come to the table.
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You know who looks stupid in all this is Canada.
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We're doing things all over the world at this point.
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And I think when they see things like the EU deal and maybe we finish up a negotiation with China, maybe they're going to rethink their position.
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I think they're acting out of emotion and not out of the realization that we mean more to them than they mean to us.
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Scott, what grade would you give Trump at this point?
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Because when it was the 100-day mark a couple months ago, three months ago, we all gave our grades.
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Right now, we're approaching, I think, almost 200 days.
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We were kind of collectively in the C range, give or take.
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But now, I think universally, we're – you're right, Vinny.
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At the 100-day mark, I was at an I, which was incomplete for the reason that you mentioned.
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Now, I was at an A-plus on immigration because at that point, we already knew the border was effectively closed, and we knew that was working.
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I was also at an A on his engagement in foreign affairs.
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I could see where he was headed in trying to settle these issues.
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But on the economic stuff, it had just happened.
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They had not passed the big, beautiful bill, but it was a negotiation.
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In my home state of Kentucky, GE announced they're bringing 800 jobs back to Kentucky.
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Because the CEO said, well, the current tariff environment makes it so we can reshore 800 jobs back to our plan in Kentucky.
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The only thing that I wish they had done better in the first six months is a better PR effort on the Doge situation.
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I like what they're doing, which is going around and finding objectively stupid things and cutting it, and the rescissions package that they passed was a good thing.
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I wish there had been better PR around that, but the principles and impulses are correct.
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Most Republicans, his numbers among Republicans are over 90%.
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Nobody that voted for this as a Republican is unhappy with it.
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Because you weren't in the A-plus range three months ago.
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I'm at B-plus is where I'm at, and it's because, to me, the top five most important things to me, Panama Canal, China, those two haven't been done yet.
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To me, I am a long-term thinker, a couple decades.
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It's going to be a 40-year issue, and we have to trust those guys.
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You know what happens if those guys try to mess with the Panama Canal and create conflicts for themselves that we feel the pain?
00:12:01.320
Well, food's not going to arrive for this much.
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Well, this is not going to arrive for this much.
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Used cars were being sold more from brand-new cars at the time because of what they did.
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I'm not comfortable with the amount of control China has with Panama Canal and the tariffs that are not being done near the trade deal.
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Those two things get done, I'm going to be a little bit more comfortable there.
00:12:24.600
Once a year, we host a conference called the Vol Conference.
00:12:28.440
We're expecting nearly 12,000 people here at the event.
00:12:32.960
Rob, you can play the clip and just turn off the audio while I'm going through it.
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And we have special guest speakers that will be there this year.
00:12:40.220
If you've never seen Tony Robbins live, you've got to do whatever you can to come to this event.
00:12:44.500
He's going to be speaking for a couple hours and doing a Q&A.
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We were able to get Martha Stewart to agree to come out, the first original influencer that became a billionaire in 99.
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Everybody I see, the ladies are like, oh, my God, did you watch the documentary?
00:13:01.400
This is your chance to get a chance to have an opportunity to meet her.
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And then David Falk, Michael Jordan's agent who did all those big deals but will be at the Vol Conference.
00:13:09.620
Three days, 200-page manual we'll go through together.
00:13:15.500
If you haven't yet registered, go to thevaultconference.com or that QR code right there.
00:13:22.160
Come spend three and a half days with us September 8th through the 11th at the Gaylord.
00:13:30.820
I'm so tired of 25 years of hearing everybody saying next year, next year, next year.
00:13:39.600
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