Trump threatens devastating new tariffs on Russia if Ukraine deal falls through

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00:00The President.

00:01Okay.

00:02Thank you very much.

00:03It's a honor, great honor, to have a friend of mine.

00:07We've become very friendly over the last number of years.

00:10We knew each other before, but Mark is the head of NATO.

00:14Mark Rutte, Secretary General of NATO.

00:17Highly respected by everybody that knows him,

00:20but in particular, the European countries.

00:22They have great reliance on him.

00:24And he's done a fantastic job.

00:26And we had a tremendous meeting.

00:29I guess it's about a month now, a month ago.

00:32And I think Mark will tell you that it was really,

00:36perhaps more important, the date of November 5th,

00:39that it was Election Day.

00:40Maybe that was the most important,

00:42because we've made tremendous progress together.

00:44And one of the reasons that you're here today

00:47is to hear that we are very unhappy — I am — with Russia.

00:52But we'll discuss that maybe a different day.

00:56But we're very, very unhappy with them,

00:58and we're going to be doing very severe tariffs —

01:02if we don't have a deal in 50 days — tariffs at about 100 percent.

01:07You'd call them secondary tariffs.

01:08You know what that means.

01:10But today, we're going to talk about something else.

01:13And as you know, we've spent $350 billion,

01:17approximately, on this war with Russia and Ukraine.

01:21And we'd like to see it end.

01:24It wasn't my war. It was Biden's war.

01:26It's not my war. I'm trying to get you out of it.

01:29And we want to see it end.

01:31And I'm disappointed in President Putin,

01:34because I thought we would have had a deal two months ago.

01:37But it doesn't seem to get there.

01:39So, based on that, we're going to be doing secondary tariffs.

01:42If we don't have a deal in 50 days, it's very simple.

01:45And they'll be at 100 percent.

01:47And that's the way it is.

01:49It can be more simple.

01:50It's just the way it is.

01:51I hope we don't have to do it.

01:53But regardless, we are going to be —

01:58we make the greatest military equipment in the world,

02:01whether it's missiles.

02:02You saw that recently in Iran, the way those planes flew in.

02:05They hit every single — 14 bombs hit every target.

02:08Then you had the helicopters shoot a total of 30 bombs,

02:1430 missiles.

02:16And they hit every single — Marco, is that right?

02:18Every single, Pete?

02:19Every single target.

02:21And it was, I guess, on a scale of 0 to 10,

02:26they say it was about a 15.

02:28That's how successful it was.

02:29That's how lethal it was, a word they like to use nowadays.

02:33But it was an amazing, well-organized attack

02:39that people in this country wanted to do for 24 years.

02:43You know, when we had the pilots in last week,

02:45they were saying,

02:46sir, we've been practicing this for 24 years.

02:48Meaning people — not them, but other people —

02:51that are a little older now.

02:53But they, too.

02:54And you were the one that let us do it.

02:57But we've been practicing it three to four times a year

03:00for 22, 24 years.

03:04Because they always knew they had stopped Iran

03:07from doing what they were doing,

03:09which is trying to come up with a nuclear weapon,

03:12a nuclear bomb.

03:14And we did it very successfully.

03:17And we make the best equipment, the best missiles,

03:21the best of everything.

03:23The European nations know that.

03:26And we've made a deal today —

03:28and I'm going to have Mark speak about it —

03:30but we've made a deal today

03:31where we are going to be sending them weapons

03:34and they're going to be paying for them.

03:36We — the United States will not be having any payment made.

03:40We are not buying it, but we will manufacture it,

03:44and they're going to be paying for it.

03:46Our last meeting of a month ago was very successful

03:49in that they agreed to 5 percent,

03:51which is more than a trillion dollars a year.

03:53So they have a lot of money.

03:54And they — these are wealthy nations.

03:56They have a lot of money.

03:57And they want to do it.

03:58They feel very strongly about it.

03:59And we feel strongly about it, too.

04:01But we're in for a lot of money,

04:03and we just — we don't want to do it anymore.

04:06And we can't.

04:07But we make the best,

04:08and we're going to be sending the best to NATO,

04:10and in some cases to — maybe, at Mark's suggestion,

04:13if we go to Germany,

04:15where they're going to send early-on missiles,

04:18and they'll be replaced,

04:20and NATO is going to take care of it.

04:21It's going to be coordinated by NATO,

04:24and they're going to work very much with Matt Whitaker,

04:26who's right here.

04:27He's a great ambassador.

04:28And Matt's going to be coordinated.

04:30You better do a good job, Matt.

04:31I will.

04:32But Matt's going to coordinate.

04:33He's a very talented guy.

04:35He's going to coordinate everything.

04:37So, in a nutshell,

04:39we're going to make top-of-the-line weapons,

04:41and they'll be sent to NATO.

04:43NATO may choose to have certain of them

04:45sent to other countries where we can get a little additional speed,

04:48where the country will release something,

04:51and it'll be mostly in the form of a replacement.

04:54And I'd like to have Mark — and again,

04:57just a highly respected, pretty young guy —

05:00pretty young guy for having had the career that he's had,

05:03because he had an amazing career before going to NATO.

05:07So we spent a lot of time together over the last couple of months.

05:12And if you could say a few words over —

05:14Absolutely.

05:16No, no, Mr. President, dear Donald,

05:17this is really big.

05:18This is really big.

05:19You called me on Thursday that you had taken a decision.

05:23And the decision is that you want Ukraine what it needs to have

05:28to maintain, to be able to defend itself against Russia,

05:33but you don't want Europeans to pay for it, which is totally logical.

05:37And this is building on the tremendous success of the NATO summit —

05:42the 5 percent, but also the decision to keep Ukraine strong,

05:46and the decision to increase our defense industrial production.

05:50So based on that, this is — that was Europe stepping up.

05:53This is again Europeans stepping up.

05:56So I've been in contact with many countries.

05:58I can tell you that at this moment — Germany, massively,

06:01but also Finland and Denmark and Sweden and Norway.

06:04We have the Kingdom, the Netherlands, Canada.

06:06They all want to be part of this.

06:08And this is only the first wave.

06:09There will be more.

06:10So what we will do is work through the NATO systems

06:13to make sure that we know what Ukrainians need,

06:16so that we can make packages.

06:18Of course, in a way — we discussed it this morning with Pete Hexat at the Pentagon —

06:22in a way that, of course, the U.S. will keep on its stockpiles necessary to defend this country.

06:28That's absolutely clear.

06:29But it will mean that Ukraine can get its hands on really massive numbers of military equipment,

06:37both for air defense but also missiles, ammunition, et cetera, et cetera.

06:42So if I was Vladimir Putin today and hear you speaking about what you were planning to do in 50 days

06:48and this announcement, I would reconsider whether I should not take negotiations about Ukraine more seriously

06:55than I was doing at the moment, if I was Vladimir Putin.

06:57But when I'm in Ukraine, I think this is really great news for them.

07:00So I really want to thank you for that.

07:02And it means the Europeans paying for it.

07:03And again, I mentioned all these countries.

07:05We will deal with that.

07:06And exactly as you said, it might also mean that countries will move equipment fast into Ukraine

07:13and then the U.S. later backfilling it because speed is of the essence here.

07:19So really, thank you.

07:20This is important.

07:22You did a great job.

07:23It's a really great job.

07:25We've been very successful in settling wars.

07:27You have India, Pakistan.

07:29You have Rwanda and the Congo.

07:31That was going on for 30 years.

07:33India, by the way, and Pakistan would have been a nuclear war within another week,

07:37the way that was going.

07:38That was going very badly.

07:39And we did that through trade.

07:41I said, we're not going to talk to you about trade unless you get this thing settled.

07:44And they did.

07:45And they were both great.

07:46Great leaders.

07:47And they were great.

07:48But Rwanda and the Congo, that was going on for 30 years.

07:54And at least 7 million people killed.

07:57And killed with a lot of pretty rough weapons like machetes.

08:02Heads chopped off.

08:04Going on for many years.

08:06You couldn't even get near the countries.

08:08Nobody wanted to get near.

08:09It's so frightening.

08:10And we got that one solved.

08:13Serbia, Kosovo, got that solved.

08:16That was going to be one that was going to happen.

08:19And again, that was something I used.

08:21I used trade for a lot of things.

08:23But it's great for settling wars.

08:25That was really very important.

08:27We're working.

08:28Marco is working very hard with everybody here on the strip.

08:33The Gaza Strip.

08:34I call it the Gaza Strip.

08:36One of the worst real estate deals ever made.

08:38They gave up the oceanfront property.

08:40One of the worst deals ever made.

08:42But it was supposed to bring peace.

08:44And it didn't bring peace.

08:45It brought the opposite.

08:46But we're doing pretty well on Gaza.

08:48Steve Whitcoff is here.

08:50And I think we could have something fairly soon to talk about.

08:55And we solved the other one.

08:57One that we just seem to have.

09:01Armenia and Azerbaijan.

09:04It looks like that's going to come to a conclusion,

09:07successful conclusion.

09:09We worked on Egypt with our next-door neighbor,

09:13who is a good neighbor.

09:15They're friends of mine.

09:16But they happened to build a dam which closed up water

09:21going into a thing called the Nile.

09:23I think if I'm Egypt, I want to have water in the Nile.

09:26And we're working on that one.

09:29It's a problem.

09:30But it's going to get solved.

09:32They built one of the biggest dams in the world,

09:35a little bit outside of Egypt.

09:37You know about that?

09:38You've been hearing about that one.

09:39And that turned out to be a big problem.

09:42I don't know.

09:43I think the United States funded the dam.

09:45I don't know why they didn't solve the problem before they built the dam.

09:48But it's nice when the Nile River has water.

09:50They, you know, it's a very important source of income and life.

09:54It's the life of Egypt.

09:55And to take that away is pretty incredible.

09:58But we think we're going to have that solved very quickly.

10:02So we do good.

10:03The only one we haven't been able to get to yet is Russia.

10:06Russia.

10:07And I'm not happy.

10:08And I will tell you that Ukraine wants to do something.

10:11Again, it's a war that should have never started.

10:13If I were President, it never would have happened.

10:15I used to speak to President Putin about it a lot.

10:18It was the apple of his eye.

10:19But once I saw what was going on, I said, you know, they're going to have a war here.

10:25I was outside.

10:26The election was rigged.

10:28And I was outside looking in.

10:30And I said, you know, that thing's going to be a war.

10:32Couldn't believe it.

10:33Because what Biden said was the exact opposite of what should have been said.

10:37And it started.

10:39And it's a real mess.

10:41We're losing, I guess they're losing 5,000 or 6,000 people a day.

10:45It's actually now more.

10:46I used to, I was saying 5,000 a day.

10:48It's actually more now.

10:49Mostly soldiers, but a lot of people in cities and towns that are getting blown up too.

10:54It's a horrible war.

10:55And it should be stopped.

10:57And so if it's not done, if we don't have an agreement in 50 days, that's what we're doing.

11:01Secondary tariffs.

11:03And they're biting.

11:05And I hope we don't get to the point where we do.

11:08But I've been hearing so much talk.

11:10It's all talk.

11:11It's all talk.

11:12And then missiles go into Kyiv and kill 60 people.

11:17It's got to stop.

11:20It's got to stop.

11:22But the purpose of this is to say that this is a very big deal we've made.

11:26This is billions of dollars worth of military equipment is going to be purchased from the United States,

11:32going to NATO, et cetera.

11:34And that's going to be quickly distributed to the battlefield.

11:39Ukraine will take it up.

11:41And you know, say what you want about Ukraine.

11:43When the war started, they had no chance.

11:46And they still would have had no chance if the equipment, they had the best equipment.

11:51Because we do make the best planes and missiles.

11:54And we make the best military equipment in the world by far.

11:58I keep that, because they're now.

11:59And that person would haveύed me.

12:01And that makes it very valuable.

12:02But in our?".

12:03Because people were splashing.

12:04And the vessels receber they have to look at us.

12:06They were

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