00:00I gave the European Union a 50% tax tariff,
00:06and they called up and they said,
00:07please, let's meet right now.
00:09Please, let's meet right now.
00:10We have $14 trillion now invested.
00:13This country was dying.
00:15You know, we have the hottest country anywhere in the world.
00:16I went to Saudi Arabia, the king told me.
00:19We had a dead country.
00:20We had a country people didn't think it was going to survive,
00:22and you ask a nasty question like that.
00:24We were very nice to China.
00:26I don't know if they're going to be nice to us,
00:27but we were very nice to China.
00:28And we were basically going cold turkey with China.
00:31We were doing no business because of the tariff,
00:33because it was so high.
00:35Mr. President, Wall Street analysts have coined a new term
00:37called the taco trade.
00:38They're saying Trump always chickens out on the tariff threats,
00:41and that's why markets are higher this week.
00:43What's your response to that?
00:44I kick out.
00:45Chicken out.
00:47Oh, and then I chicken out.
00:49I've never heard that.
00:50You mean because I reduced China from 145% that I set
00:54down to 100 and then down to another number?
00:57And I said, you have to open up your whole country.
01:00And because I gave the European Union a 50% tax tariff,
01:07and they called up and they said, please, let's meet right now.
01:11Please, let's meet right now.
01:13And I said, okay, I'll give you till June 9.
01:16I actually asked them, I said, what's the date?
01:18Because they weren't willing to meet.
01:19And after I did what I did, they said, we'll meet any time you want.
01:25And we have an end date of July 9.
01:28You call that chickening out?
01:30Because we have $14 trillion now invested,
01:33committed to investing when Biden didn't have practically anything.
01:37Biden, this country was dying.
01:40You know, we have the hottest country anywhere in the world.
01:41I went to Saudi Arabia, the king told me.
01:44He said, you got the hottest company.
01:46We have the hottest country in the world right now.
01:49Six months ago, this country was stone cold dead.
01:52We had a dead country.
01:54We had a country people didn't think it was going to survive.
01:56And you ask a nasty question like that.
01:58It's called negotiation.
02:01You set a number.
02:02And if you go down, you know, if I set a number at a ridiculous high number,
02:05and I go down a little bit, you know, a little bit,
02:09they want me to hold that number, 145% tariff.
02:13Even I said, man, that really got up.
02:15You know how it got?
02:16Because of fentanyl and many other things.
02:18And you added it up.
02:20I said, where are we now?
02:21We're at 145%.
02:23I said, whoa, that's high.
02:25That's high.
02:26They were doing no business whatsoever.
02:28And they were having a lot of problems.
02:29We were very nice to China.
02:30I don't know if they're going to be nice to us,
02:31but we were very nice to China.
02:33And in many ways, I think we really helped China tremendously
02:37because, you know, they were having great difficulty
02:39because we were basically going cold turkey with China.
02:43We were doing no business because of the tariff,
02:45because it was so high.
02:46But I knew that.
02:48But don't ever say what you said.
02:50That's a nasty question.
02:52Go ahead.
02:52To me, that's the nastiest question.
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