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00:00We're thinking in terms of 25% on Mexico and Canada
00:03because they're allowing vast numbers of people.
00:07Canada's a very bad abuser also.
00:10Vast numbers of people to come in and fentanyl to come in.
00:13When do you think you would enact those?
00:15I think February 1st.
00:17He should have followed up because if they got the death penalty,
00:20they wouldn't be sending...
00:21We're talking about a tariff of 10% on China
00:25based on the fact that they're sending fentanyl to Mexico and Canada.
00:28China's an abuser, but the European Union is very, very bad to us.
00:34They treat us very, very badly.
00:36They don't take our cars.
00:38They don't take our cars at all.
00:40They don't take our farm products, essentially.
00:42They don't take very much.
00:44We have a $350 billion deficit with the European Union.
00:47Trade agreement, product standards, so that there's trust.
00:52If we have tit-for-tat retaliation, whether it's 25%, tariff 60%,
00:57and we go to where we were in the 1930s,
01:00we're going to see double-digit global GDP losses.
01:05Double-digit.
01:06That's catastrophic.
01:08Everyone will pay.
01:10Everyone.
01:10Me preguntó que cuánto tiempo quería poner en pausa.
01:15Le dije, bueno, pues vamos a ponerlo en pausa para siempre.
01:21Y me dijo, bueno, pues cuánto tiempo.
01:26Le dije, bueno, vamos a ponerlo en pausa un mes.
01:29Y estoy segura que en este mes vamos a poder dar resultados.
01:33Buenos resultados a su pueblo, buenos resultados al pueblo de México,
01:37Estados Unidos a México.
01:44国务院关税税责委员会今天发布公告
01:47自 2025年2月10日起
01:50对原产于美国的部分进口商品加征关税.
01:54Every country will be reciprocal this way.
01:57Every country.
01:59Won't affect everybody because there's somewhere we have similar tariffs.
02:03But the ones that are taking advantage of the United States,
02:06we're going to have a reciprocity, it's reciprocal.
02:09They made a tremendous fortune in technology.
02:12And I said, we're going to put a 100% tariff on every one of those nations.
02:17And at the mere thought of saying that, I think that's all broken up.
02:22That idea is no longer sale.
02:25As the United States are applying tariffs worth $28 billion,
02:31we are responding with countermeasures worth 26 billion euros.
02:37This matches the economic scope of the tariffs of the United States.
02:47So we'll effectively be charging a 25% tariff.
02:51But if you build your car in the United States, there is no tariff.
02:54And what that means is a lot of foreign car companies,
02:57a lot of companies are going to be in great shape
02:58because they've already built their plant.
03:00But their plants are underutilized,
03:02so they'll be able to expand them inexpensively and quickly.
03:05Thank you very much.
03:11Our country and its taxpayers have been ripped off for more than 50 years,
03:16but it is not going to happen anymore.
03:19It's not going to happen.
03:25In a few moments, I will sign a historic executive order
03:28instituting reciprocal tariffs on countries throughout the world.
03:34Reciprocal.
03:35That means they do it to us and we do it to them.
03:38Very simple.
03:39It can't get any simpler than that.
03:45So if you look at that, China, first row, China, 67%.
03:51That's tariffs charged to the USA, including currency manipulation.
03:58You know, you think of European Union, very friendly.
04:01They rip us off.
04:02It's so sad to see.
04:04It's so pathetic.
04:0539%, we're going to charge them 20%.
04:08So we're charging them essentially half.
04:10You know, addressing some of those issues that we have,
04:36but also finding those areas of mutual cooperation so we can move forward.
04:40That's great.
04:41Very nice.
04:41Thank you very much.
04:42It's a very nice statement.
04:50We have reached an agreement on a 90-day pause
04:59and substantially move down the tariff levels.
05:06Both sides on the reciprocal tariffs will move their tariffs down 115%.
05:13Fantastic job.
05:16He didn't need this.
05:17He didn't need it.
05:17The tariffs are so important,
05:19and that's why we were so happy with the decision yesterday
05:22where the tariffs continue,
05:26because without the tariffs, our nation would be imperiled.
05:56We all know the great prime minister of the UK,
06:02and we just signed a document.
06:05This is...
06:05Sorry about that.
06:06This is it.
06:10A very important document.
06:12A little windy out here.
06:13Give me that a little.
06:14We just signed it, and it's done.
06:17And so we have our trade agreement.
06:26Well, the European Union has been speaking to us,
06:49Ursula and the whole group,
06:50and they've been very nice.
06:51They treated us very badly until recently.
06:53Now they're treating us very nicely.
06:55Thank you very much.
07:25The country is doing really well.
07:26I just briefed the chairman on the deal we've made with Japan.
07:27The country is doing really well.
07:28I just briefed the chairman on the deal we've made with Japan.
07:29Japan is putting up $550 billion in order to lower their tariffs.
07:33The country is doing really well.
07:34I just briefed the chairman on the deal we've made with Japan.
07:35Japan is putting up $550 billion in order to lower their tariffs a little bit.
07:37That way they have a little bit lower tariff.
07:39And they also opened their country to free trade, which nobody thought was even a possibility.
07:43Thank you very much.
07:44So we have good news.
07:45The country is doing really well.
07:46The country is doing really well.
07:47I just briefed the chairman on the deal we've made with Japan.
07:50Japan is putting up $550 billion in order to lower their tariffs a little bit.
07:51That way they have a little bit lower tariff.
07:52And they also opened their country to free trade, which nobody thought was even a possibility.
07:55Thank you very much.
07:56So we have good news.
07:58We've reached a deal.
07:59It's a good deal for everybody, I believe.
08:02And it's, I think you were saying this is probably the biggest deal ever reached in any
08:03capacity.
08:04And the country is putting up $550 billion in order to lower their tariffs a little bit.
08:08And they also opened their country to free trade, which nobody thought was even a possibility.
08:10Thank you very much.
08:11So we have good news.
08:12We've reached a deal.
08:14It's a good deal for everybody, I believe.
08:18And it's, I think you were saying this is probably the biggest deal ever reached in any capacity.
08:24trade or beyond trade.
08:26It is.
08:27It's a, it's a giant deal with lots of countries.
08:30This amount of military equipment, we don't know what that number is.
08:33But I think it's the biggest deal ever made.
08:35Thank you very much.
08:36Congratulations.
08:37Thank you very much.
08:38Congratulations.
08:54Well, we're negotiating right now.
08:56And it's also BRICS.
08:57You know, they have BRICS, which is basically a group of countries that are anti the United
09:02States.
09:03And India's a member of that, if you can believe it.
09:05And it's an attack on the dollar.
09:07And we're not going to let anybody attack the dollar.
09:24Conversations are fine.
09:25In addition to those, the people who have fought well.
09:27Too many people.
09:29Or let...
09:29Not at the dollar.
09:30Think about...
09:32...
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