Skip to playerSkip to main content
  • 3 weeks ago
Transcript
00:00Will there be more rollbacks in the future when you change anything else with tariffs?
00:07I don't think it would be necessary.
00:09We just had a little bit of a rollback on some foods, like coffee as an example,
00:14where the prices of coffee were a little bit high now.
00:16They'll be on the low side in a very short period now.
00:19We're very good at this.
00:21The problem is we inherited a country we took over January 20th
00:26where the prices were fully gross.
00:28So they were up 30, 40, 50 percent.
00:31And we got them down 30 percent.
00:33That means they're still higher than where they were.
00:36We had a great four years.
00:39And I think this is going to be even much better.
00:42And in terms of affordability, it's not a good word for the Democrats.
00:46It's a good word for us because our prices are much lower
00:49and will certainly be much, much lower than they were under the Democrats.
00:53Mr. President, Mr. President,
00:55Mr. President, my newspaper The Telegraph has led away an explosion.
00:58Mr. Are you The Telegraph?
00:59Mr. That's right.
01:00Mr. Oh, what a job you did.
01:01Mr. What a great job you did.
01:03Mr. Are you proud of yourselves?
01:05Mr. We've had a good couple of weeks.
01:06Mr. How did you catch BBC like that?
01:08Mr. We have good sources.
01:10Mr. Honestly, congratulations.
01:12You did a great service to a lot of countries, a lot of great human beings,
01:17if you want to know the truth, and exposing what big news is all about,
01:22what BBC did.
01:23Mr. Nobody would even think of a thing like that.
01:25Mr. They actually changed the words coming out of my mouth.
01:29Mr. So the BBC has apologized and retracted the report.
01:33Mr. They say they won't pay any compensation.
01:35Mr. Well, we'll sue them.
01:37Mr. We'll sue them for anywhere between a billion and five billion dollars,
01:40probably sometime next week.
01:42Mr. So you're ready to say...
01:43Mr. Well, I think I have to do it.
01:45Mr. I mean, they've even admitted that they cheated.
01:48Mr. Has that...
01:49Mr. I mean, not that they couldn't have not done that.
01:52Mr. They cheated.
01:53Mr. They changed the words coming out of my mouth.
01:55Mr. That's worse than what CBS did with commons.
01:58Mr. They changed your answer, but at least it showed real coming out of her mouth.
02:03Mr. Do you think it's appropriate that British TV viewers have to pay more than $200 just for a client to watch television?
02:10Mr. Do you think the license...
02:11Mr. Well, I don't know what they're doing in a place that I like a lot.
02:14Mr. The general UK, right?
02:17Mr. But the people of the UK are very angry about what happened, as you can imagine.
02:23Mr. Because it shows the BBC's big news was...
02:27Mr. You and I knew that for a long time.
02:29Mr. But we didn't know it was this week.
02:31Mr. Have you raised the issue with Sir Keir Starmer?
02:33Mr. I have not, but I'm going to call him over the weekend.
02:37He actually put a call in the bank.
02:39He's very embarrassed by it.
02:41You know, that's...
02:42I don't know what percentage is owned by the country.
02:45But regardless, if it's small or large or nothing, I can say this, the UK is very, very embarrassed by BBC what they did.
02:54Mr. Mr. President, you said that tariffs do not increase prices for consumers.
02:59But now you're a lower...
03:00Mr. I didn't say they don't.
03:01I say they may in some cases, but to a large extent, they've been borne by the country.
03:06As an example, we have virtually no inflation.
03:09And yet we've taken in hundreds of billions of dollars.
03:12So we've taken in hundreds of billions of dollars.
03:15We've used tariffs to stop wars.
03:18You look at India and Pakistan.
03:20Look at so many wars and stuff.
03:22Just by saying, I'm going to oppose tariffs.
03:24When you come to, you're going to have war.
03:26Mr. So tariffs are already increasing prices.
03:28Mr. Yeah, in that case, it was nuclear war.
03:30And I stopped it by using tariffs.
03:32But oftentimes, and to a large extent, the countries themselves pick up the tab.
03:38The companies pick up the tab.
03:41And I find that based on inflation, we have virtually no inflation.
03:46When I inherited the country from sleepy Joe Biden, the inflation...
03:51It was the highest inflation in the history of our country for at least 48 years.
03:57They used 48. I said it was the history.
04:00We have now a low inflation.
04:03Going to be very soon, even lower.
04:05But we'll get some of the prices down a little bit.
04:09Which will bring them down to a new low.
04:11How much of the time has been picked up by Americans?
04:14I think very little.
04:16I mean, I really think very little.
04:17If you look at it, and when you add the trillions of dollars that our country is making,
04:23when you add the fact that I'll be giving back $2,000 or so to middle-income people,
04:30low-income people, everybody but the rich will be giving $2,000 back.
04:35Can you add that in?
04:36When you add the fact that our country is extremely rich and we have no wars,
04:40and we'll respect it again.
04:42When you add the fact that when China was threatening to us in terms of rare earths,
04:46I was able to solve it just by putting tariffs through China,
04:50and we made a deal a week later.
04:52When you add all of the benefits,
04:54the single greatest thing we have right now is the use of tariffs,
04:58and I used them properly.
05:00For years they've been used against us,
05:03and I think, you know, whether you call them tariffs or anything else,
05:09if you didn't use them, you really would have an unguarded disaster against.
05:13Will those $2,000 payments, will that be inflationary?
05:17Because previously Republicans have said it's sending money to people,
05:20like in their money, which...
05:21Yeah, well the difference is this is money earned as opposed to money that was made up.
05:25You know, that money was made up.
05:27Biden gave, like, the Inflation Reduction Act, which did not reduce inflation,
05:32and it wasn't meant to, and they admitted it was a phony name.
05:36But they spent hundreds of billions of dollars for a bank deal
05:40called the Inflation Reduction Act.
05:42That was made up money.
05:44When I spend, when I pay people $2,000 each for low and moderate income and middle income people,
05:52everybody but the rich get this.
05:54That's not made up, that's real money.
05:56That comes from other countries, yeah.
05:58Speaking of China, since you made the deal, since you struck the deal,
06:01because the Chinese agreed to actually purchase any soybeans,
06:05if they locked in any soybeans.
06:07Yeah, and they're in the process of doing it.
06:09We spoke of them today.
06:10They're in the process of doing not only a little bit,
06:13but they'll be doing a lot of soybean purchase.
06:16Do you know when, in the spring?
06:18It's starting, before then.
06:20It's starting.
06:21They'll be buying a lot of soybeans, but really, Jennifer, a lot of everything else.
06:25Can you say who you spoke with or who your team spoke with?
06:29Top of the line.
06:31Top of the line.
06:32Top of the line.
06:33Top of the line.
06:37You can start making two little commodities.
06:38We're getting a lot of boats.
06:41We need to get a lot of them.
06:42We need to get them to get those two big stocks.
06:44You can start making a lot of boats.
Be the first to comment
Add your comment

Recommended