00:00How close are you to a trade deal with India?
00:02Are you willing to consider lowering the current tariff rate?
00:05Well, right now the tariffs are very high on India because of the Russian oil,
00:09and they've stopped doing the Russian oil.
00:11It's been reduced very substantially.
00:13Yeah, we're going to be bringing the tariffs down.
00:16What kind of level are we talking about here?
00:18I mean, at some point, no, at some point we're going to be bringing them down.
00:21Without tariffs, we would be, this country would be in such trouble,
00:25as they were for many years.
00:27That's why we owe $38 trillion.
00:28And one of the things we're going to do, we're going to issue a dividend
00:32to our middle-income people and lower-income people of about $2,000.
00:38And we're going to use the remaining tariffs to lower our debt.
00:41We're going to be lowering our debt, which is a national security thing.
00:44So we're doing a lot of good work.
00:47The numbers were reported so incorrectly.
00:49The real numbers are trillions of dollars have been taken in
00:53or gotten in terms of investment from the tariffs.
00:57And so if that were ever reversed, it would be a disaster.
01:01Frankly, it would be a national security problem for our country.
01:04And nobody thinks it's going to be reversed.
01:06I think we had a very good court case.
01:08As you know, it's before the Supreme Court right now.
01:10And we're going to be larger than we do this.
01:25Okay.
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