Hurricane Melissa has caused widespread devastation in Jamaica. This LIVE coverage provides detailed storm tracking, weather analysis, government warnings, and rescue efforts. Stay aware and support those affected. Please watch, share, and remain safe.
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00:00It was a matter of seconds, and it was a matter of seconds that I got a phone call, let's work this out.
00:06We would have had not nearly the defense that we had.
00:10It would be a shame. It would be somewhat catastrophic for our country, I have to be honest with you.
00:17I don't want to get too much involved, but what we've done, you know, we're taking in hundreds of trillions of dollars.
00:24If you take a look at the numbers we have, we're at $17 trillion right now.
00:29We're going to be at $21 trillion, about $21 trillion by the time I've finished my first year.
00:37Biden, as an example, the Biden administration was at less than a trillion for four years.
00:43We're going to be at $21 trillion for one year.
00:47In the history of the world, there's never been a country that's done that.
00:51Not China, not the U.S., not anybody.
00:53And a lot of that is because of the tariffs and the fact that the president is a competent president that knows how to use them.
01:01And I use them for national defense.
01:03I ended, of the eight wars I ended, I would say five or six were ended because of tariffs.
01:09I'll give you an example.
01:11If you take a look at India and Pakistan, they started to fight.
01:16They're two nuclear nations.
01:18They were shooting each other.
01:19Eight planes were shot down.
01:21There was seven.
01:22Now it was eight because the one that was sort of shot down is now abandoned.
01:26And eight planes were shot down.
01:29And I said, listen, if you guys are going to fight, I'm going to put tariffs on you.
01:33And they both went, you know, they were not happy about that.
01:36And within 24 hours, I settled the war.
01:38If I didn't have tariffs, I wouldn't have been able to settle that war.
01:41So it's great national defense.
01:46And you have to be quick moving.
01:48You can't wait around for months and months while you're doing studies and you're doing all of this or go back to Congress.
01:55Look at Congress.
01:56We can't even get a continuation from Congress.
01:59Think of that.
02:00How do I have to go back to Congress?
02:01You have to do the spur of the moment because just so you understand, we're here at spur of the moment.
02:08You know, other countries have used tariffs that absolutely, they would have destroyed us.
02:13If I didn't come along, our country would be destroyed right now.
02:17The tariffs have made us rich in terms of national security.
02:23They've made us secure.
02:24And, you know, if you have economic strength, that's also, if you have a lack of economic strength, that's national security also.
02:31But we have great national security because of those tariffs.
02:34So I think it would be devastating if we lost that rule.
02:38But before the president of Congress's issues are ruling, it could be several weeks, are you going to lay out any new additional tariffs before that?
02:45I don't know what to talk about it.
02:46I'm going to hope that we win.
02:47I can't imagine that anybody would do that kind of devastation to our country.
02:54You know, we have to pay back trillions of dollars.
02:56We've taken in trillions.
02:57We haven't taken in billions.
02:59We've taken in trillions of dollars.
03:00We've made trade deals based on that that give us, as an example, European Union, $950 billion.
03:10Japan, $650 billion.
03:13South Korea, $350 billion.
03:16Without this, we're not talking about that kind of money.
03:19And they're okay.
03:19They're satisfied.
03:20They love us.
03:21I just left.
03:22They all love us.
03:23So it's not like we're such bad people.
03:25But they were doing it to us until I came along.
03:29Now they don't do it to us.
03:30We do it to them a little bit.
03:32But if they took this away, we would be defenseless against tariffs from other countries.
03:38Mr. Kirk, there's people on employer plans and individual plans who also don't have access to GLP-1s.
03:45What can you do to make those insurers and PBMs get these same prices so they can put access for those prices?
03:51So ask Oz or Bobby that question would be a very, it's a good question.
03:56Absolutely.
03:57Many Americans receive their insurance through the commercial markets.
04:00The companies have committed to ensure that at worst, prices are at MFN on GLP-1s
04:04and are committed to continue to negotiate those prices down based on volume, just as they do in any other instance.
04:09Another really interesting thing we're seeing, though, is that commercial plans and PBMs increasingly are enabling access for their beneficiaries,
04:17their patients, to make purchases in the cash market.
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