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  • 1 year ago
Speaking to reporters in the Oval Office, President Trump touted the jump in the stock market.
Transcript
00:00I got it in my first administration, and I was really somewhat devastated, as devastated as I can be.
00:06I don't have time to get too devastated.
00:08I was very happy that today, as you saw, the group that does this, the government group, radical left group,
00:15announced that Trump was right, took in $4 trillion worth of tariffs,
00:21that the $4 trillion are going to reduce the deficit by numbers far greater than they ever expected or heard of.
00:26And by the way, the stock market went up 1,000 points.
00:30That was as of 10 minutes ago. I can't tell you what happened. A lot of things happened.
00:33But the stock market is up almost 1,000 points.
00:38And it's basically on the news that the release that just came out from government that the tariffs that everybody was talking about,
00:48that the whole world respects us for what we did.
00:52The tariffs are going to be at $4 trillion. They're going to reduce the deficit by $4 trillion, Mr. Vice President.
00:59That's pretty good, sir.
01:002,075, right?
01:02That's right.
01:02It's at a huge impact. And the stock market is way up.
01:06But this will drive more than $30 billion in U.S. economy and create 185,000 American jobs.
01:12No sporting event attracts more attention or more fans or anything else.
01:16And I just look forward to the draw. So we're going to have the draw essentially.
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