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Trump: August 1st Tariff Deadline 'Is There For Everyone'
Forbes Breaking News
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today
While meeting with EU President Ursula von der Leyen in Scotland, President Trump was asked about the August 1st tariff deadline.
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00:00
Okay, when you get right down to it, right?
00:05
No, no. The August 1st is there for everyone.
00:09
The deals all start on August 1st.
00:11
Most of the deals, other than steel and aluminum,
00:14
which we've been getting 50% tariffs from,
00:18
I guess just about everybody,
00:20
and those have come in.
00:21
And we've taken in, you know, hundreds of billions of dollars
00:24
just on steel and aluminum.
00:26
You've seen the numbers.
00:27
We've had a tremendous amount of money coming over the last month,
00:33
and it's coming in, you know, very rapidly, which is fair.
00:36
We have a lot of steel mills and plants,
00:39
aluminum mills and plants being built.
00:41
We have a lot of AI being built,
00:42
and we have a lot of auto plants being built or going to be built
00:45
because they don't want to pay tariffs.
00:48
So, you know, if they don't want to pay tariffs,
00:50
the best way to do it is just build your plant and the United States.
00:54
Yes, please.
00:54
Sir, what do you expect?
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