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U.S. President Donald Trump said he plans to take action against what he called “rice dumping” in the American market. Trump claimed India, Thailand, China and Puerto Rico were the main contributors and told officials to prepare a detailed list for action. He described the issue as “so easy to settle,” signaling possible new tariffs or trade measures.

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00:00:00Thank you very much and thank you for being here as we take a very vital action to protect and
00:00:15defend American farmers and reduce prices for the American consumers and we've done that in so many
00:00:22different fields and this is a little bit of a different field but we're bringing prices way
00:00:27down we inherited a total mess from the Biden administration the highest inflation in the
00:00:32country's history and very very high prices and prices are coming down and they were very very
00:00:38far down on energy energies come in fact we hit a very important number a sacred number we had
00:00:47three states in the last two days reported by our energy group a group of very strong energy
00:00:57people who said we hit one dollar and 99 cents a gallon in three different states and that's an
00:01:04amazing accomplishment because the gasoline prices are coming down when gasoline comes down everything
00:01:10it's such a big category that when gasoline comes down sort of everything sort of follows but we
00:01:15inherited a mess affordability but you can call it affordability or anything you want but the
00:01:22Democrats caused the affordability problem and we're the ones that are fixing it so it's a very
00:01:29simple statement and they caused it we're fixing it and they have a tendency to just say this election
00:01:35is based on affordability and nobody questions them John you know nobody says oh well what do you mean by
00:01:41that but they just say the word they never said anything else because they caused the problem but we're
00:01:47fixing the problem and we're pleased to be joined today by many of the wonderful members of the
00:01:52farming community as well as the Secretary of Agriculture Brooke Rollins Brooke thank you thank you sir
00:01:59Treasury Secretary Scott Besant thank you very much Scott Senator John Bozeman thank you John good job
00:02:08John Hoven thank you John and Deb Fisher thank you very much as well as representative Austin Scott who's
00:02:17been wearing this right from the beginning thank you Austin good job I'm delighted to announce this
00:02:22afternoon that the United States will be taking a small portion of the hundreds of billions of
00:02:27dollars we receive in tariffs we are making a lot of money from countries that took advantage of us
00:02:33for years they took advantage of us like nobody's ever seen our deficits are way down because of tariffs
00:02:40I guess because of the election because without the election you wouldn't have tariffs you'd be sitting
00:02:46here losing your shirt but we're taking in billions we're really taking in trillions of dollars if you
00:02:52think about it Scott because the real number is you know when you think of all the the money being
00:02:56poured into the country for for new auto plants and all of the other things AI so what we're doing is we're
00:03:05taking a relatively small portion of that and we're going to be giving and providing it to the farmers
00:03:12in economic assistance and we love our farmers and as you know the farmers like me because you know
00:03:20based on based on voting trends you could call it voting trends or anything else but they're great people
00:03:26they're the backbone of our country so we're going to use that money to provide 12 billion dollars in
00:03:33economic assistance to American farmers 12 billion is a lot of money Meryl what do you think peanuts for
00:03:40you though right he's a farmer of rice this release will this relief will provide much needed certainty
00:03:49to farmers as they get this year's harvest to market and look ahead to next year's crops and it'll
00:03:55help them continue their efforts to lower food prices for American families and again we inherited something
00:04:02that we inherited the worst inflation in the history of our country and we're taking care of it farmers
00:04:12are an indispensable national asset part of the backbone of America I've always felt it so strongly they're so
00:04:20important unfortunately under sleepy Joe Biden he's a sleepy guy our farmers were crushed by the worst
00:04:28inflation in modern history and crippling restrictions on energy water and countless other necessities for
00:04:35farmers and what they did to the farmer in terms of putting the brakes on was just absolutely unacceptable in my
00:04:44first term we had an agricultural trade surplus by a lot we had a big surplus meaning that we were exporting
00:04:50American agricultural products all over the world making a net profit and in many cases a very substantial profit he
00:04:57came in and ruined it Biden turned that surplus into a gaping agricultural deficit that continues to
00:05:04this day but we're knocking it down it's starting to go very good in fact China as you know is buying a
00:05:11tremendous amount of soybeans and the number I spoke with President Xi recently very recently and I think
00:05:19he's going to do even more than he promised to do so I think it's the relationship is a very good one I think
00:05:24he's going to do more than he promised to do and what he promised to do is a lot so we're very happy with
00:05:29that in the last year Biden bankruptcies rose by 55 percent having to do with farms so farm bankruptcies
00:05:38under Joe Biden went up 55 percent that's not good but now we're once again in a position where
00:05:47a president is able to put farmers first but unfortunately I'm the only president that does that
00:05:52when day one I terminated the green new scam energy prices are down gasoline prices are down we've
00:05:59slashed record numbers of crippling regulations and we're working on huge trade deals already securing
00:06:0660 billion dollars in agricultural purchase commitments and you know Biden made none he didn't make any
00:06:12trade deals having to do with the farmers or any of it's crazy China committed he was the worst
00:06:18president in the history of our country but in case anybody has any questions China committed to over
00:06:2340 billion dollars of soybean purchases and that's a commitment and I asked President Xi if he could
00:06:30even up it and I think he'll do that I mean he's not a commitment the 40 billion is a commitment but
00:06:37the soybean farmers are quite happy since my successful meeting in South Korea with President Xi purchases
00:06:44have been made and soybeans are being exported out of the United States to China as we speak and I say
00:06:51that our soybeans I told this to President Xi our soybeans are more nutritious than competitors
00:06:59somebody said is that a Trump statement or is that real in fact you know who asked me that question
00:07:04President Xi asked me that question he said really I had never heard of it and he was a food purchaser for a
00:07:11long time but that's what I hear and Japan agreed to 8 billion in purchases of corn soybeans ethanol
00:07:18fertilizer aviation biofuel and rice you know Japan never bought rice from anybody else it's like a very
00:07:28important thing to them and they agreed to buy rice okay absolutely so I also proudly signed into law the
00:07:35largest tax cuts in history and the one big beautiful bill the monumental tax relief bill that is benefiting very
00:07:43very strongly benefiting the American farmer and I think also for farmers we have as you know and we got this
00:07:50the estate tax or the death taxes they call it on farmers or small businesses you don't have to pay it anymore a lot of
00:08:01farms would you love you love your children and your children are great and they want to be farmers and
00:08:06you leave the farmer your children and a lot of farms are care you know sort of cash poor land rich cash poor and the
00:08:15kids would go to the local bank or to any bank and they'd borrow money to pay the estate tax and they'd end up
00:08:20losing the farm to go bankrupt and a lot of debt to you know literally because they love their farm and they love their
00:08:29business and they love that way of life they end up committing suicide a lot of suicides
00:08:34we have no more state tax how about that you have children
00:08:39I do well let them know now if you love your children and it's good if you don't love your children you don't have to leave them
00:08:47anything it doesn't matter what I just said
00:08:49I have a feeling you love your children
00:08:54but the estate tax is a very big thing so you don't have estate tax
00:08:58you die you leave your farm or whatever or small business to your children you don't have to pay
00:09:04estate tax it seems to affect the farmer more than anybody else
00:09:08because you can have a farm that's very valuable therefore you have to pay a big tax but it's not a
00:09:12a big value in terms of cash maximizing domestic farm production is a big part of how we will make
00:09:20America affordable again and bring down grocery prices for American families and again these are
00:09:25prices that we inherited when when I left we were doing incredible in four years what they've done to
00:09:32this country and so many and not even mentioning the border and the criminals allowed into our country
00:09:36and all of the other so I just want to say it's a it's a tremendous honor being with you
00:09:42I'd now like to ask Secretary Rollins to provide some of the details followed by
00:09:47Secretary Besson director of the National Economic Council Kevin Hassett Senator Bozeman
00:09:55Representative Scott and then we go to a couple of the farmers representatives but we'll all get
00:10:02involved a little bit you can speak anybody is shy to speak in front of the press and I don't blame you
00:10:07if that's the case but farmers uh Court Holup and Merrill Kennedy will say a few words also and then
00:10:14we'll have a little discussion okay uh Madam Secretary thank you uh to the greatest boss in the world for a
00:10:21long time now it's just an honor to be here I'm going to keep my comments very short because I really
00:10:26want to make sure that you and the world gets to hear from our farmers so a couple of quick points
00:10:31number one uh this country and our farm economy is facing a crisis that we inherited that most of
00:10:40these farmers have not seen in their lifetime uh profitability is down uh it's just one one crisis
00:10:47after another when we came into office sir when you did and you were sworn in on January the 20th as
00:10:52you mentioned not one new trade deal had been struck in four years the cost of inputs for our farmers
00:10:58fertilizer up 36 percent manual labor labor up 47 percent interest rates up 73 percent when you
00:11:08combine the cost of inputs for our farmers married to no new trade deals and then you're facing an
00:11:14administration whose priorities were dei climate change putting the farmer aside I mean it was an
00:11:21absolute war on agriculture and on our rural communities that all changed on January 20th so as
00:11:28sir we are working and you have been just so resolute I mean these are our people rural America is the
00:11:36fabric of our country this is the way of life that preserves the American dream for the next 250 years
00:11:42as we celebrate the first 250 years so we began to go to work immediately what these elected officials
00:11:50sitting across from us did with the one big beautiful bill with a lot of help and direction from you
00:11:55was the largest investment in rural America in any of our lifetimes we will begin to see that
00:12:01effectuated next year in 2026 as we have fought to bring input costs down you have you have talked
00:12:08about and even this weekend did an executive order signed one on looking into the reason that so much
00:12:14of these costs have been driven up over and over equipment again fertilizer seed et cetera et cetera we have
00:12:20to make sure we understand why that is and then the continuing of the additional trade deals across
00:12:27the world no longer will america be held and beholden to the regime of other countries tariff
00:12:33infrastructure instead we are moving our products out across the world having said that and we have
00:12:39been listening to the farmers for the last 10 months 11 months sir that the bridge that is needed
00:12:45to get from the last administration and what basically happened under the last president in
00:12:52the last u.s department of agriculture to this new golden age for farmers where instead of farming for
00:12:58government checks they can farm to feed their family and sell their products and pass it on to the next
00:13:03generation that this bridge is absolutely necessary based on where we are right now so as the president
00:13:10said we are very pleased to announce that today we are going to be effectuating an 11 billion dollar
00:13:18trade by not trade but bridge payment to our farmers the money will move by february 28th of 2026
00:13:25but by the end of this month so just in the next couple of weeks every farmer that is able to apply for it
00:13:33will know exactly what that number looks like so as you are going to your lender as you are working to ensure
00:13:39and understanding what you can plant for next year you will have that number in hand and we will
00:13:45continue to talk to our farmers continue to understand exactly uh what this looks like and what is
00:13:51necessary we have final thing i'll say is well we're holding 1 billion back so today we are announcing 11
00:13:58billion we are holding 1 billion back just to ensure that we are covering so today's announcement
00:14:04covers all of our row crops all of our row crops but some specialty crops and others uh that we are
00:14:11still working with to best understand where they are in the farm economy and ensure that we're making
00:14:16um every every uh forward moving position that we need to and then finally um as we move to this new
00:14:23golden age for agriculture and for rural america as we continue to fight for these farmers and ranchers
00:14:29their way of life and those that are represented here represent hundreds of thousands of farmers across
00:14:34this country just know that this president i have never been around anyone who every time we talk
00:14:42he asks how are my farmers every single time so we will never stop fighting we will make sure that
00:14:49we're doing everything we can to ensure the next 250 years uh is just as bright if not brighter than the
00:14:54last so thank you thank you and this money would not be possible without tariffs the tariffs are taking
00:15:01in you know hundreds of billions of dollars and we're giving uh some up to the farmers because
00:15:06they were mistreated by other countries for i don't know maybe right reasons maybe wrong reasons they
00:15:11weren't uh they were trying to show us something and uh it would it's really worked out really well
00:15:18but because of the tariffs uh this is possible the other thing i'd like to add before going to scott
00:15:24and i think it's very important we're going to also give the uh tractor companies uh john deere and
00:15:30all of the companies that make the equipment we're going to take off a lot of the environmental
00:15:35restrictions that they have on machinery it's ridiculous i know because i buy a lot of that
00:15:40machinery for different things we have a lot of big clubs with you know hundreds thousands of acres
00:15:45and i buy a lot of stuff and you buy it it's it's got so much equipment on it for the environmental it
00:15:51doesn't do anything except it makes the equipment much more expensive and much more complicated to
00:15:57work and it's not as good as the old days and we're going to take a lot of that nonsense off of
00:16:04the equipment which is going to reduce and we're going to do it and we're going to say you're going
00:16:08to reduce the prices we're not going to do it and they're not going to reduce they're going to have
00:16:11to reduce their prices because farming equipment has gotten too expensive and a lot of the reason is
00:16:17because they put these environmental excesses on the equipment which don't do a damn thing except
00:16:23make it complicated make it impractical and you really have to be in many cases you need about
00:16:29185 iq to turn on a lawnmower now so we're going to take that off that crap off that they put on
00:16:37biden mostly and uh we're going to take that off so that's going to make a big that'll bring down farm
00:16:44the equipment prices a lot that's right and we're going to do that immediately you're going to work
00:16:48with lee zeldin who's not here he's doing a fantastic job and lee is going to work that out
00:16:53and that would be most of it it's uh it's crazy the machines they're always under repair because
00:16:59they're so complicated that you can't fix them the old days used to fix it yourself now you can't do
00:17:05that you have to be a phd from let's say mit okay so we're going to get that done uh scott please go ahead
00:17:12good thank you mr president thank you to the farmers to join us today and i will tell all
00:17:18of you here that when either in person or when we are on a call with president she the first thing
00:17:24the president asking for is more soybean purchases we we don't talk about geopolitics we don't talk
00:17:32about trade it's about soybean we don't even say hello we immediately start do start with the soybean
00:17:39place could you do a little it's always could you do a little more so and i think i think president
00:17:45she is the uh heard president trump this group represents an american way of life that has fed our
00:17:50nation and its spirit for hundreds of years you are the caretakers of the most productive agricultural
00:17:56country on earth you drive hundreds of billions of dollars in exports support millions of jobs and keep
00:18:03america's economy running strong and this administration is committed to keeping it that way
00:18:08by putting farmers first president trump is ushering in a new golden age for agriculture
00:18:14the president's 11 billion relief package for america's farmers comes at a critical time
00:18:19these direct payments will give producers the breathing room they need to market this year's
00:18:23harvest and plan for next season this serves as a liquidity bridge during a period of adjustment
00:18:29supporting the strongest agricultural sector in the world and this the president's success in
00:18:35reigning in binary inflation thanks to the administration's pro-growth policies input
00:18:40costs like fuel fertilizer are easing and credit conditions are improving interest rates are coming
00:18:46down helping farmers prepare for the next harvest president trump scored a massive victory for america's
00:18:53farmers when he secured an arrangement with president xi and busan to reopen china's markets to u.s
00:18:59agricultural exports especially soybeans sorghum and other commodities under this framework china
00:19:06committed to purchase at least at least 12 million metric tons of u.s soybeans this brewing season
00:19:13followed by a minimum of 25 million tons annually for the next three years and it's not just china
00:19:20at the president's direction treasury ustr and the department of commerce have secured supplemental
00:19:26purchases of u.s agricultural goods and major trade agreements across the world to open new markets to
00:19:34america's farmers the one big beautiful bill also delivered transformative benefits for america's small
00:19:40farmers it locked in full expensing for farm equipment and a hundred percent expensing for farm structures
00:19:47built during the president's term i believe representative scott and a group in the house
00:19:52that we were originally just going to do factories and they called us and said you need to do farm
00:19:58structures too and the president said we're all in and it extended and enhanced much needed relief from
00:20:04the punishing death tax giving family farms greater certainty is a plan for the next generation
00:20:10mr president thank you for putting america first by putting your farmers first through pro-growth pro-pharma
00:20:16agenda you're offering at a new golden age of american agriculture and treasurer is proud to help in this
00:20:24thank you scott you know what we'll do we're going to go a little faster because the last meeting we had
00:20:29was three hours we're the most transparent group so if we can go faster that'd be great and then we'll take
00:20:37some uh questions from the fake news is that okay all right kevin go real fast kevin yeah i could go really
00:20:43fast sir yeah sir the the farm economy you always ask me to just get a few numbers to put it in
00:20:50perspective and as i've looked through the incredible performance of these people that work so hard and
00:20:56are such important people uh for keeping communities alive the thing that struck me the most because you
00:21:01and i were here in the white house during covid is that during those terrible covid times farm production
00:21:08didn't go down like these farmers they went to work every day and they produced so much but then joe
00:21:16biden came in so we had covid and fire production didn't go down and then joe biden came in and he
00:21:23really wrecked the farm economy and so uh during the biden's term 150 000 farms closed sir 150 000 farms
00:21:32closed after we went through covid and we didn't have a problem now why did we do it why we're
00:21:38able to do that i'm going fast uh the first is that do you know the expenses for farms fell five
00:21:44percent while we were here because of all the things that we did expensing and everything else
00:21:48uh but under joe biden they went up 13 percent because of all you know the regulations energy
00:21:55everything else but the thing that really jumped out at me the most is because you had high growth and
00:21:59low inflation interest expense for the farm economy fell 120 million dollars per year while you were there
00:22:06in the white house but under joe biden it increased by 8 billion per year and so you wonder why it is
00:22:12that we need this 11 billion maybe 12 billion dollars to build a bridge loan to america's farmers it's
00:22:18because we know how to fix it but there really was a hole that was dug in the previous administration
00:22:24thank you hope it's nice to that that was quick that's good appreciate it um senator yes sir no thank
00:22:32you so much thank you for convenient convening us this uh great announcement and all your hard work
00:22:39for farmers i think i was reading the clips i think yesterday you talked about uh mr secretary about uh
00:22:47farmers needing certainty and which is so true this bridge note is one of those things that provides
00:22:53certain i also as i was reading that i thought to myself the one thing that farmers can be certain
00:22:59of is the fact that you've got their back and you prove that through the years in the last administration
00:23:06and now this uh i was giving a presentation to to the senate a while back and i was talking about us
00:23:16having the cheapest safest food supply of any place in the world it's not just about the farmers and rural
00:23:22america and so marco rubio was sitting by me prior to coming over here and uh and becoming the great
00:23:31secretary of state but he punched me and said john always remind him he was head of the uh uh you know
00:23:39committee on the intelligence and he punched me he said always remind them food security is national
00:23:44security so this is important for so many different reasons and again i appreciate you for recognizing that
00:23:52not only now but when you were campaigning in your first election how you treated the farm farmers in
00:23:59that in your first administration and now now stepping up so we look forward to helping you uh
00:24:06if we need some additional help uh looking to congress or whatever we'll be there for you so
00:24:12we're taking in so much money with the tariffs now that it's such a pleasure without it you we
00:24:18wouldn't be able to help you we're making our country we're the richest country in the world now
00:24:25and you know we have a big decision hopefully we're going to get the right
00:24:29decision such a big thing in the supreme court right now we have a lot of bad people opposed to
00:24:34those people that hate our country uh other countries are involved some real sleaze bags that
00:24:40i know political sleaze bags and uh they're trying to take that away from us and we have other methods
00:24:47but they're not as uh powerful they're not as quick uh some of the wars that i solved wouldn't have been
00:24:54solved using those methods so it's a very important thing the tariff the decision of the supreme court's a
00:25:00very important thing and uh scott we can do it other ways but it's slow and it's uh cumbersome
00:25:07and it doesn't have the power it doesn't have the national security power that what we have so i
00:25:12hope we're going to be successful that's all i can tell you austin please thank you john first of all
00:25:17president thank you for the selection of brooke rollins as secretary of agriculture that was a
00:25:24big first step you want to keep her absolutely absolutely but in and second that she's not only
00:25:31herbert her staff does a tremendous job i agree remember eggs remember we came in and absolutely
00:25:38the uh people in the media i'm gonna be nice people in the media were three days into offices
00:25:45here right they say egg prices are up like 90 percent more than that and i said i just got here i didn't
00:25:51know about it i just anyway she uh she got those prices down to below what they were before she
00:25:57she's doing a great job now beef is starting to come down and some other things are starting to
00:26:02come down again we inherited these problems but we're getting them down go ahead please
00:26:06she's a fact-based decision maker and the the egg issue is where i learned about her she said we're
00:26:11not going to use a vaccine that doesn't work we're going to develop a vaccine that does and that that
00:26:15is 100 what it takes and so we have to make decisions based on facts and now president trump the the
00:26:21trade issues i want to thank you for for exposing what other countries are doing to us i want to mention one
00:26:27specifically for the benefit of kevin and scott i know they're i hope they're paying attention to
00:26:30it but this the european union deforestation regulation where uh they are imposing on our
00:26:36landowners rules that were established for brazil and now they're telling the american farmer what they
00:26:41can and can't do on on their own land through this european union deforestation regulation i uh what does
00:26:49that tell explain that they they are telling the american farmer that if their timber is cut and they are
00:26:55going to use that land for pasture land or for production agriculture that they will not take
00:26:59the timber or the byproducts uh from the sale of that timber and uh i have talked with james a little
00:27:06earlier about we we need to make it clear to europe mr president uh if you would give me a two paragraph
00:27:14statement on that i will give that to them and they will do what they have to do yes sir we're always
00:27:19helping them and they do this kind of stuff and uh you know they pass little regulations that are
00:27:25that cost billions of dollars it takes them two minutes to do it they do it
00:27:30very tough no good you give me a couple of paragraphs or so we'll have to do a lengthy study
00:27:36and i'll get that changed fast okay thank you very much president we love you it's incredible
00:27:43every day it's something else a country that can't feed itself doesn't know what freedom is
00:27:48and so thank you for making sure that our farmers have the tools that they need so that we as a
00:27:53country can feed ourselves well just what you said to me about you know the european union now that
00:27:58catch the european union right we have to be able to act quickly with tariffs we can't just you know go
00:28:03to a committee go to a study that takes seven months and talk we've got to be able to act quickly so
00:28:11thank you very much thank you john so uh thank you i think that's the message from farm country is thank
00:28:18you very much you know in the uh working family tax relief act or as my young staffers call it ob3
00:28:27there is a tremendous amount for farmers and ranchers you mentioned the uh credit as far as
00:28:34estate tax which is so important you analyzed it just right but also in there we enhanced arc and
00:28:41plc which is a counter-cyclical safety net thanks to the strong leaders uh leadership of senator bozeman
00:28:46our colleagues in the house but we also included the farmer act which was my bill to make crop
00:28:52insurance more affordable these tools will kick in next year mr president in a big big way for our
00:28:58farmers big time and people aren't even really looking at it yet but it's going to be a very big deal
00:29:05so today is all about bridging to get there and i want to thank secretary bassett and jameson
00:29:10greer they're tremendous and they're they're negotiating hard out there for farmers and ranchers and i know
00:29:16it's because you're setting the tone but this is that bridge and so we need to come back to secretary
00:29:22rollins uh thank you your leadership on this was vital and uh mr president this you're right they love
00:29:31you in farm country out there all you have to do is drive out and see the flags and signs all over
00:29:37the fields on the hay bales right it's a great honor the great people the best people this is really
00:29:42important really important for our farmers and ranchers thank you very much you're doing a great
00:29:46job too john thank you and whatever we need we get through the senate we get through the house we'll get
00:29:51it we'll get it done uh i think we'll start maybe with court hollum and uh you come from yeah that
00:30:00place that i'm very happy with i hail from the great state of iowa um you know i'm surrounded here by
00:30:05some of the the greatest farmers in the area and uh from across the country anything from rice farmers
00:30:12we've got all sorts of cotton farmers everything everything is here represented so well and first off
00:30:18from from me i want to say thank you for this bridge payment it it's christmas early for farmers
00:30:24and just to kind of have an icebreaker here for the story i've got a two-year-old little boy at home
00:30:30two-year-old little boy and a four-month-old little girl and uh the other day i was reading my little boy
00:30:36a story at night putting him to bed and he said daddy i i don't want santa claus to come to our house
00:30:43for christmas i want president trump and i think mr trump i think you brought i think you brought christmas
00:30:54to farmers uh with this bridge payment we'll be able to farm another year help us get by
00:31:00uh it's such an honor to be here with you um
00:31:04um i lost my grandfather and our hard hand in 2002 in a farming accident and he instilled in me at an
00:31:16early age to love the land to take pride in what we do was that a machine accident it was a machine
00:31:24accident and it gets in your blood to farm it's in our blood despite what happened i want my two-year-old
00:31:35to farm i want my four-month-old daughter to have an opportunity and what you're doing here in dc
00:31:44is working you have a backbone to stand up to other countries for trade you're getting things done
00:31:53tax provisions i'll be able to potentially pass on a farm to my children because of you ethanol
00:32:01you're working for ethanol trying to get e15 year round we're dealing with california prop 12
00:32:10let's continue to work on that i think we can have a lot of domestic product used here in the country
00:32:16and we can keep america first and you're good at that that is that is who you are and if we keep
00:32:23that e15 you can have the biggest 15 is a big deal the e15 is a great deal year round okay you can have
00:32:30the biggest stamp i did that trump did that and we would thank you farmers would love you more than
00:32:36more than anything if we could continue that continue to use domestic product use the byproducts
00:32:42crops and even be able to export to other countries and so what you've done here and just having us
00:32:48here in the white house with you i'm sitting beside the secretary and all these other great individuals
00:32:54here um what a true honor and i will take pride in this meeting and i'll take this home for many
00:33:00generations to come and because of what you're doing hopefully them generations can stay on the whole
00:33:05of land farm well we're going to bring into the oval office when we're finished okay the farmers
00:33:10nobody else just the farmers and we'll take some we'll take some pictures our representatives also
00:33:19because they're doing a great job john and john and austin we appreciate it you're doing a great job
00:33:26meryl go ahead please tell us about rice rice well thank you first of all for inviting me here
00:33:33and my friend um the secretary you have a incredible lady right here she really is
00:33:39along with being a mother of three and a wife i run my family's agribusiness kennedy rice mill in a
00:33:46little town called marage louisiana about a thousand people in north the northern part of the state
00:33:54we employ around 150 people taking rice from the field to a finished product supplying some of the
00:34:00largest food companies that many of you would know here domestically but also
00:34:04but also abroad and my sisters and i because there is four of us right i'm the youngest of four
00:34:10daughters started our own rice brand a few years ago to just tell the story of american agriculture
00:34:17that hadn't really been told before but i wish i was here under better terms i'll tell you i think the
00:34:24rice industry thanks you sincerely for what you have done for the california rice market and to japan
00:34:30um it has been monumental for our industry but us in the south are really struggling i mean this is
00:34:37not just a crisis i would say it's almost a market dynamics that really are true um anti an anti-competitive
00:34:47nature right so it follows what you would what you sent out this weekend and we do believe that
00:34:53countries are dumping rice into this country today we've never seen imports this great which countries
00:35:01india thailand even china into puerto rico puerto rico used to be one of the largest markets for u.s
00:35:08rice we haven't shipped rice into puerto rico in years um so this has been happening for years as
00:35:14it didn't start during your administration but unfortunately we're seeing it in a much bigger way
00:35:20now the tariffs are working um but we need to double down because you want more i mean well they're
00:35:27they're cheating right they're you know not they're just subsidizing and that's got india tell me about
00:35:32india why is india allowed to do that they have to pay tariffs do they have an exemption on rice no
00:35:38sir we're still working on their trade deal so yeah but they should be dumping i mean i heard that
00:35:43i heard that from others you can't do that there's a wto case against india give me the countries
00:35:48if you could go ahead india who else so india down which is good yes sir india thailand um china
00:35:58into puerto rico not into the to you know continental u.s but into puerto rico um those are the main
00:36:04culprits so puerto rico you used to do a lot of business and now 100 puerto rico was u.s based
00:36:09all right and so easy to settle okay but there's others too and i can get you a full list of course
00:36:18i can all right so go ahead um so truly this is a national security issue i think you put it just
00:36:24perfectly um and so i want to for all of us in the room to know that rice is more than just a
00:36:31commodity it's a currency in many of these countries and you love rice right i love rice yes i'm going
00:36:37to get you to love rice too you know the next time you're not going to have a button for a coke you're
00:36:40going to have a button for rice you know but the farmers love what they do yeah that's true well
00:36:47our farmers can feed this nation and many nations abroad but we need fair trade not free trade and so
00:36:55we appreciate what you've done today we appreciate what you did in the big beautiful bill i mean my word
00:36:59you you really changed reference prices um and you know we're hopeful that we can even move that
00:37:05further i know that rice prices right now are the lowest they've been in over 40 years so we're
00:37:11going to struggle we're going to max out on our payments probably um so that's something that i
00:37:16know those in congress can potentially help us with to change but again we appreciate everything
00:37:22you're doing this solved so quickly with tariffs to these countries that are illegally shipping it's
00:37:28solved your problem solved in one day that's why we have to win the supreme court case
00:37:33that's right and one day that problem solved it's so unfair they go out of business they put everyone
00:37:39out of business that's what they did to our car and we lost more than 50 percent of our car industry
00:37:44because of that we lost our chip industry went to taiwan because of that if you had a president that
00:37:50said no you can't do that it's a hundred percent a two hundred percent tariff on chips if you
00:37:54make them outside of the united we would have we would have never lost our chip industry but we're
00:37:58going to have 40 or 50 percent of it back very shortly because they're all coming in now from
00:38:03taiwan they're building chip companies but it's the same thing with rice thank you very much thank
00:38:09you it'll be good it won't get itself very quickly we just need the countries we just just give us the
00:38:14names of the countries yeah tariffs again it solves it solves the problem in two minutes yeah they've
00:38:21bought the largest brands at retail too right so they're they have an incentive to subsidize their
00:38:27products that they can keep it on the shelf yeah who did that um the indians and the two largest
00:38:33brands all right they won't take care of it that's very it's so easy so uh do you have any questions
00:38:41how about keeping it on farming your team answered all of my questions on farming but i do have a farm
00:38:49in the interest of affordability with this aid package um i assume that that's something you want
00:38:54consumers to see before midterms next year how quickly will that affect prices at the grocery store
00:38:59well i think the prices are going to be going down already i mean the prices are way down we brought
00:39:04prices way down from what it was we inherited high prices we inherited the biggest inflation in the
00:39:11history of our country that means prices going up and we brought it down very substantially now inflation
00:39:19is essentially gone we have it normalized and it'll go down even a little bit further you don't want
00:39:25it to be deflation either you have to be careful but we brought it way down we had inflation that was
00:39:31the highest in the history of our country they say 48 years but i say the history 48 years is pretty bad too
00:39:37right uh so we're we're solving those problems we're bringing them way down yeah
00:39:43would you consider maha incentives for farmers that go by maha guidelines uh well a lot of the farmers
00:39:49like those maha guidelines yeah so i mean they do we like maha how do you feel yeah let me let me
00:39:55answer that so this is another reason i didn't mention it but this is another reason i think that what
00:40:00we're moving into is a golden age for agriculture as secretary secretary kennedy and i and across our
00:40:05cabinet with the president's leadership focusing on making america healthy again the undergirding
00:40:11foundational effort and that is our agriculture industry it is our farmers and our ranchers so as
00:40:17the new dietary guidelines come out in early january where usda alone spends 400 million dollars a day
00:40:24on nutrition programs that's a whole other snap fraud etc but when you think about what a market mover
00:40:30that is as we begin to move the market toward more locally produced american-made healthier products
00:40:38closer to the schools the the hospitals etc you again begin to open up so much of the market for
00:40:45the great products produced by these farmers instead of ultra processed foods out of a box
00:40:50so there's a lot that's going to be coming on that as well i'm really excited
00:40:54i have a question it's not related to farming but if you'll entertain um i'm cara from blindl tv
00:40:58camera cashnova and i'm not fake news just so you know and um everybody's talking about the pipe
00:41:03bomber over the weekend the suspect that was taken into custody
00:41:06i reported on biden's kangaroo court for four years and i this is an important question to me
00:41:11everyone knows that j6 was a fed's direction to set you and your supporters up so my question is
00:41:16what's your gut instinct about the new pipe bomber suspect taken into custody does your instinct tell
00:41:21you that he acted alone and also mr president how do you feel about the lead prosecutor on the pipe
00:41:26bomber case jocelyn valentine is the same prosecutor that allegedly asked the j6 or to lie to frame you
00:41:32for j6 when you did nothing wrong what are your thoughts well thank you i really appreciate that
00:41:37question sort of a statement and i appreciate it very much uh jocelyn is being looked at they all
00:41:43have to be looked at what they're doing is so bad this was a whole democrat hoax the whole thing was
00:41:48a democrat hoax and it's all being looked at appreciate that or or is more expected is this the
00:41:56final aid package it depends on where we go uh china's buying a lot other countries are buying a
00:42:01lot and uh you know the interesting thing about the farm they don't want aid they want to just to
00:42:06have a level playing field i've seen that more with farmers than anybody else any other industry
00:42:11right deb we've seen it more with uh farmers where i've had meetings like this and primarily in the
00:42:17first term and we did a great job we turned it around this is going to be the golden age but the
00:42:22farmers don't want aid they want to have a level playing field because if they have a level playing
00:42:27field they'll do better than anybody else they're better than anybody else our product is incredible
00:42:32our machinery is incredible right i mean we do have the best machines it's a very big statement i made
00:42:38though the environmental excess that we have put onto our tractors and all of our machinery do you all
00:42:44agree with that by the way you know it's got to go yeah it doesn't do anything except make the
00:42:50machines break all the time yeah and uh i must say i like to buy old machinery i said buy old
00:42:58because it's better for new stuff is terrible it never works never works
00:43:05you said you would have no problem with releasing the full video of that strike on september 2nd off
00:43:10the coast of venezuela secretary heigstep now says that you said that i didn't say that this is abc fake
00:43:17news you said that you would have no problem releasing the full bit okay well secretary
00:43:20hagseth whatever hagseth wants to do is okay with he now says it's under review are you ordering
00:43:25the secretary to release that full video whatever he decides is okay with me so every boat we knock
00:43:31out of the water every boat we saved 25 000 american lives uh that was a boat loaded up with drugs i saw
00:43:37the video they were trying to turn the boat back to where it could float and we didn't want to see that
00:43:44because that boat was loaded up with drugs just like everything else but every boat we shoot down
00:43:49down and i don't know if you know we're 92 or 94 percent down in drugs coming in by the sea
00:43:55and we're trying to find who are the six percent because i i don't know people aren't liking to
00:44:00drive boats right now loaded up with drugs but every single put the thing of that every single boat
00:44:06we shoot out on average we save 25 000 american lives do you feel okay about that court keep us
00:44:13safe okay i knew i knew i know my man what about you are you okay with that i'm totally fine with that
00:44:19is releasing the full video didn't i just tell you that you said that you're the most obnoxious reporter
00:44:24in the whole place let me just tell you you are an obnoxious a terrible actually a terrible reporter
00:44:31and it's always the same thing with you i told you whatever pete hanks wants to do is okay with me
00:44:39and i just have a quick question there's um at least 20 republic house republicans who have
00:44:44either said they're going to retire or not run again and democrats also and democrats
00:44:49why don't you mention them how many democrats are going to retire how many democrats well that's what
00:44:54i was going to ask you no no but why don't you tell me the number of democrats too are you concerned
00:44:58about the narrow margins and no i'm not concerned i think we're going to do well we will have the
00:45:03greatest economy who you know as well considering we're going to have the greatest economy in history
00:45:09how many democrats are retiring how come you only know the republicans but not the democrats
00:45:15because i came prepared to ask you a question about no you're unprepared because you should know
00:45:19the democrats you're totally unprepared go ahead well can i ask a quick follow-up about who are you with
00:45:23i'm with new york newsday and i also have a quick follow-up um congresswoman elise stefanik is among
00:45:28those who is uh running for new york governor uh uh she's great bruce blakeman who you also know
00:45:36he's also great are you planning on making any endorsement for him he's great and she's great
00:45:41they're both great people we have a lot of great people at the republican party go ahead can i get back
00:45:45to farming um so you yeah thank you so you you talked about the profitability issue the machinery
00:45:51playing a role in that or fertilizer plays another role now a lot of that the way i understand it it
00:45:56comes in from canada different countries like that what are we doing to bolster domestic fertilizer
00:46:02production to help make that more affordable and then i think that will transition well one of the
00:46:06things a lot of it does come in from canada and so we'll end up putting very severe uh tariffs on that
00:46:13if we have to uh because uh that's the way you want to bolster here and we can do it here we can
00:46:19all do that here but i would say what you do you put very severe tariffs on from coming into other
00:46:25countries you'll be making your own fertilizer in fact uh secretary bergam this cabinet is so
00:46:30remarkable instead of just seeing each other every month we're literally talking every day multiples of
00:46:34times a day but our secretary of the interior i and secretary bessen and others we have a whole plan
00:46:40in place including the reshoring of fertilizer and the opportunity to do it in america having said
00:46:46that we've also per the president's guidance issued a directive these fertilizer companies the seed
00:46:52companies the equipment companies all of the above as our farmers have struggled year over year
00:46:58these cut the meat packing companies continue to make you know a lot of money hand over fist a
00:47:03lot of foreign owned companies so that's why the president has been very unequivocal in saying we got
00:47:08to figure out why all these input costs are skyrocketing and all of our farmers are struggling
00:47:14which we're going to do that is a great question when they take like fertilizer out of the country
00:47:18all of a sudden we don't do it anymore then they start charging and sending it you know very high
00:47:22prices from other countries whether it's canada or somebody else and we're not going to let that
00:47:27happen yeah okay on the quality on the quality of foreign produce you spoke about soybeans and how the
00:47:35quality here in the united states obviously is a lot better that's what i've heard yeah is the
00:47:39default of this administration because that's an issue i i understand with root vegetables citrus
00:47:43as well is the default of this administration that even if it's more a little bit more expensive
00:47:48homegrown you will choose homegrown over cheaper produce abroad i like homegrown you know some things
00:47:55we can't grow because we don't have the heat there are some things you know little delicacies or maybe not
00:48:01such delicacies but they grow better in warmer climates very warm climates actually but for the
00:48:07most part i like homegrown mr president thank you um one on this announcement and then one on foreign
00:48:12policy if i may um are you open to tapping into tariff revenue again should farmers find they need
00:48:18additional relief to get to that level yeah if uh we're going to make the farmers um so strong
00:48:25and i'm not even talking about financially i'm because it they just want to be able to produce what
00:48:30they can produce and we're going to make them so strong that it will be indeed a golden age for
00:48:35farmers and then on russia and you know we had it going in the first administration and then biden
00:48:40came in and ruined everything they had no idea what they would they and they did i mean i think they
00:48:45wanted they hated the farmer i love the farmer that's why i got 94 of the vote from the farmers but
00:48:54they hated the farmers i love the farmers go ahead and then on russia and ukraine obviously your
00:48:58administration has been having talks with each side given that there is no peace deal at this
00:49:02point will your administration stay engaged uh in those talks to effort a peace deal we just want
00:49:07to see people stop from being killed you know we don't uh as you know joe biden gave them 350 billion
00:49:14dollars you know and i gave them nothing i gave them well i did give them javelins at the beginning
00:49:19and knocked out a hell of a lot of attacks but and and obama gave sheets remember obama gave sheets and i
00:49:24gave javelins but uh no we have uh we have a great situation going over there except for one problem
00:49:31you got a lot of people dying and i want to see that stop so you have ukrainian mostly ukrainian
00:49:36soldiers and russian soldiers last month 27 000 soldiers died mostly soldiers a few people from
00:49:43there the dropping of a missile in the middle of kiev or wherever which is a terrible thing but mostly
00:49:50soldiers 27 000 soldiers died last month uh that's what i want to see stopped we as you know
00:49:57we now sell equipment to nato at full price and nato takes that equipment and probably gives it to
00:50:03ukraine i guess they could give it to others too but for the most part give it to ukraine and uh they're
00:50:08working with ukraine in terms of distribution of equipment missiles etc but we aren't spending money
00:50:15what we are doing is spending time on a humane basis we want to see if we can stop the killing
00:50:22of 27. it would have never happened this war would have never happened if the election weren't rigged if
00:50:28i were president this war would have never happened the soybean purchases um you've talked a lot
00:50:37obviously about china soybean purchases some lawmakers from north and south carolina have raised concern that
00:50:43u.s tobacco farmers were told that china would not purchase flu cured tobacco this year
00:50:50has that come up in your conversations at all but we're doing well the tobacco people because of
00:50:55the deals i made they're doing very well but that could be an if it if it's the case i can get
00:51:00it solved very quickly let us know how you settled on this 12 billion or 11 billion plus one more
00:51:07billion dollar figure we looked at how they were hurt to what extent they were hurt we did a very
00:51:12you know steady uh uh progression of charts and we figured out a very exact number and it was about
00:51:1912 billion dollars president trump if you had one christmas wish for america besides making american
00:51:24farmers great again what would it be i would say very simply you know i go by uh i go by a statement
00:51:30when people ask that question remember that question was asked by to ted kennedy and they said well what
00:51:37are you going to do to make america great and he couldn't answer the question i have a very simple
00:51:41we're going to make america greater than ever before and we're going to do it through a series
00:51:46of tariffs intelligent taxes and incentives and our country has never been stronger we've never had
00:51:53anything like coming in we have 18 trillion dollars coming into our country right now there's never been
00:51:59anything like it and if you ask me that i'll say i just want to keep doing what i'm doing because
00:52:03there's never been anything like to happen the most the biggest number ever in history was two trillion
00:52:09dollars and we're at 18 trillion dollars this is money pouring into our country on building car
00:52:16plants or building ai plants we just want to keep doing exactly what we're doing because nothing like
00:52:21this has ever happened in the history of the world not just our country there's never been scott would
00:52:27you say that's right there's never been anything like the investments coming into america so this
00:52:32is a record year record year do you support the paramount deal sir on health care mr president
00:52:3922 million americans are expected to see their health care insurance premiums start to rise
00:52:44by the beginning of next year you're talking about because obamacare is so bad yes well sir because
00:52:49the obamacare subsidies are expiring are are you going to do because obamacare is so bad what is the
00:52:54republican plan are you going to let that happen on your watch what i'm going to do is uh if the democrats
00:52:59go along with it which they don't want to because they want to make the insurance companies very rich
00:53:03okay uh i want the money to be paid to the people to go out and buy their own health care instead of
00:53:08paying to the you know the insurance companies their stock has gone up uh 1700 percent in a short period
00:53:16of time did you know that 1700 you wish your cord went up but the insurance companies stock has gone up by
00:53:251700 1800 they're taking in trillions of dollars i don't want to pay the insurance companies anything
00:53:34and i i know a lot of them but they're owned by the democrats and the democrats have obamacare is a
00:53:41setup to make insurance companies rich and i want to pay the people and i want the people to go out and
00:53:48buy their own health care and that's what we want to do and that's what the republicans want to do
00:53:54because obamacare is a disaster and i said it five years ago four years ago three years ago
00:53:59it was always a disaster it's bad health care that's too expensive for people and now your premiums and
00:54:05you said it better than i said you said the obamacare premiums are going to go up they're going way up
00:54:12and what i want to do is have the money and you know who's getting that money a lot of it is the
00:54:16insurance companies i want the people to get the money and go out and buy their own health care and
00:54:22everybody wants that right okay we need to find things but yeah bill on the floor sir thank you
00:54:27do you have any reaction on the fine that was imposed to x by the european for what to x to the
00:54:33platform x the fine that was pretty uh amazing you're talking about is that european union or is
00:54:40it who did that european union or you did european commission whoa that's a nasty one
00:54:45i don't know elon has not called me to ask for help on that one but no it's a tough thing
00:54:54i don't think it's right no i don't think it's right i don't see you know how they can do that no
00:54:59i'm not i'm going to i'll speak about it later i'm going to get a full report on it look europe has to be
00:55:07very careful you're doing a lot of things we want to keep europe europe europe is going in some bad
00:55:16directions it's very bad very bad for the people we don't want europe to change so much they're going
00:55:21in some very bad directions that was a big that was a big thing you directed a review of the childhood
00:55:26vaccine schedule possibly to match what is on par with peer nations in europe would you support
00:55:32ending federal mandates and just making those recommendations for schools you're going to have
00:55:37to say it again as far as the back louder louder as far as the vaccine schedule for children would
00:55:42you support ending the federal mandates and making it optional for school well we're looking at a lot of
00:55:46things having to do with vaccines and with uh the you know the different i think we take like 88
00:55:53different uh shots all wrapped up in one one big glass of stuff like that and we're going to be
00:56:02reducing it very substantially it'll be safe but we're going to be reducing it very substantially
00:56:08support the paramount bid for warner brothers that came up this morning you spoke about netflix last
00:56:13night saying you have concerns about them i know i know the companies very well i know what they're
00:56:18doing but i have to see i have to see what percentage of market they have we have to see the netflix
00:56:23percentage of market paramount the percentage of market i mean none of them are particularly great
00:56:29friends of mine you know i just i want to i want to do what's right so it's so very important to do
00:56:36what's right supported by jared kushner mr president would that uh impact your decision if paramount is
00:56:42i i don't know i haven't i've never spoken to him but he's really trying to uh work on gasa i think
00:56:49his primary thing is gossip you're making house visits on christmas eve as he said does the beast need
00:56:54to be fitted with sleigh rails you want to answer that question the uh absolutely we should put sleigh
00:57:03rails on the beast yes it is the same go ahead that republican plan that you just talked about when
00:57:09it comes to health care when do you expect republicans to put that we're looking at it very strongly and
00:57:14we're also going to the democrats and asking them to do it the democrats want to make the insurance
00:57:19companies rich they're all paid off by the insurance companies just a tremendous amount of
00:57:25the insurance company funding goes to democrats why don't you ask that question of the democrats
00:57:30because i would love to do it i'd love all of the money to go to the people they go to the people
00:57:35you know i put that out two weeks ago it became number one viral people love it i want the money to
00:57:42go for health care to go to the people and let the people buy their own health care through an account
00:57:47they can buy their own health care and everybody loves it except for the democrats and you know
00:57:52why they don't because they're paid off by the insurance companies okay what else yeah alina
00:57:57hobbit says she's stepping down as u.s attorney for the district of new jersey after the courts
00:58:01disqualified her do you have any comment on that well she's not disqualified you've got a blue slip thing
00:58:06that's horrible it's a horrible thing it makes it impossible to appoint a judge or a u.s attorney
00:58:13and it's a shame and the republicans should be ashamed of themselves that they allow this to go
00:58:18on because i can't appoint a u.s attorney that's not a democrat because they put a block on it so if
00:58:25you appoint in virginia or in new jersey or in california a u.s attorney or a judge i mean
00:58:34the judge situation is ridiculous the only people that you can get by are democrats because
00:58:39they will put a hold on it if i put up george washington and abraham lincoln to be u.s attorney
00:58:47in new jersey or to be u.s attorney in virginia we have democrat senators they will not approve them
00:58:56and this is a gentleman's agreement that's lasted for too long and it doesn't make it especially in
00:59:03light of what's going on today it means you can't appoint a republican u.s attorney and and we don't
00:59:11play the same game with them but they do and i hope that somebody speaks to uh senator grassley about
00:59:20doing something about the blue slip because i'm telling you john i put up great people top people
00:59:27highest education the best lawyers to be like u.s attorney and both senators it only takes one
00:59:34but if they're if they're democrat senators they say we're not going to approve it
00:59:39i had a couple of them say why don't you appoint democrats all because senator grassley with his blue
00:59:46slip stuff will not let anybody go by by the way the democrats have violated the blue slip provision
00:59:51on numerous occasions but we don't do it and what it means is i guess i just have to keep appointing
00:59:58people for three months and then just appoint another one another one and it's a very sad situation
01:00:04we're losing tremendous we're losing a lot of great people we have about seven u.s attorneys who are not
01:00:12going to be able to keep their jobs much longer because of the blue slip because unless i think i know
01:00:18why they did that to protect their ass okay that's why they did that but uh it should be done away
01:00:26with i want to be able to appoint great the most highly educated the most respected people they can't
01:00:32keep their jobs because of the blue slips terrible okay thank you very much everybody the farmers let's
01:00:41come in to the oval office all right deb come on we're going to the oval office
01:00:48so
01:00:54you
01:00:56you
01:00:58you
01:01:00you
01:01:02you
01:01:04you
01:01:06you
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