US President Donald Trump has cautioned that the Russia–Ukraine war could escalate into a “third world war” if the fighting continues. Speaking at the White House, he said that an estimated 25,000 people -- mostly soldiers -- were killed in the conflict just last month, expressing frustration over the relentless loss of life. Renewing his call for an immediate halt to the violence, Trump said, “I’d like to see the killing stop… for the most part, 25,000 soldiers died last month. I would love to see it stop, and we’re working very hard.”
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00:00China has a central source of approval. I don't think they have any approval. They just go and build.
00:05But people want to be in the United States, and they want to do it here, and we have the big investment coming.
00:10This is the single most important economic question in the country and in the world.
00:15Who wins the race for AI?
00:18You look back to the 1990s, there was a similar inflection point with the beginning of the Internet, the dawn of the Internet.
00:24And Bill Clinton was president at the time. He signed an executive order, just like you're doing.
00:30That put into law a light-touch regulatory approach to the Internet.
00:34And the result was incredible economic growth and jobs in the United States.
00:4011,888 murderers come into our country. Many of them are from Venezuela.
00:47We had thousands of Tren de Aragua, the gang, come in from, which they say is the most violent gang.
00:52I don't know, MS-13 is pretty bad.
00:54I won Indiana all three times by a landslide, and I wasn't working on it very hard.
01:01It would have been nice. I think we would have picked up two seats if we did that.
01:04You had one gentleman, the head of the Senate, I guess, Bray, whatever his name is.
01:09Well, thank you very much. We have a big signing right now, and we have a tremendous industry where we're leading by a lot.
01:16It's the AI, artificial intelligence. I always thought it should be S-I, supreme intelligence, but I guess somewhere along the line they decided to do the word artificial, and that's okay with me.
01:28That's up to them. It's a massive industry.
01:31We're leading China. We're leading everybody by a tremendous amount where the electricity is being built by them in every plant.
01:39They're building the electricity. We're getting them rapid approvals, but they're spending trillions of dollars, and they can't.
01:47Basically, this has a couple of other things that are less important, but one of the things that it has is you have to have a central source of approval.
01:54When they need approvals on things, they have to come to one source. They can't go to California, New York, and various other places, like Illinois, with Pritzker, who's a totally unreasonable person.
02:06They're putting all this money in. It's a big part of the economy, and there's only going to be, I think, one winner here.
02:14I don't know if anybody agrees with that. I think most people agree, but there's only going to be one winner here, and that's probably going to be the U.S. or China.
02:22And right now, we're winning by a lot. China has a central source of approval. I don't think they have any approval.
02:28They just go and build. But people want to be in the United States, and they want to do it here, and we have the big investment coming.
02:35But if they had to get 50 different approvals from 50 different states, you could forget it because it's not possible to do, especially if you have some hostile.
02:42All you need is one hostile actor, and you wouldn't be able to do it. So it doesn't make sense.
02:47I didn't have to be briefed on this, by the way. This is real easy business. I mean, this is simple.
02:52We're taking in trillions of dollars. We're taking in tremendous amounts of countries, jobs. Everything's coming in.
03:01Now, just to get off AI for a second, auto plants are being built at levels that we've just about never seen before.
03:09We had our auto industry was decimated. 56% of our auto industry left our country over the years.
03:16It was at one point 100%, and then it got shriveled down, and really we lost a lot.
03:23And now because of tariffs, which have been so incredible, we've taken in hundreds of billions of dollars,
03:28and we're bringing back our factories. We're bringing back everything.
03:32We've never been in a position like this.
03:34Our stock market today was, well, I saw it a few hours ago, but a few hours ago it was way up,
03:40and we hit a new high. For the 52nd time in 10 months, we have an all-time high stock market.
03:47And it's all reasons. A big reason was the election November 5th, and another big reason,
03:52and maybe the biggest reason, but maybe not, because without the election this wouldn't have been done,
03:56because people don't know how to do it.
03:58But the second reason is the tariffs we're charging.
04:02Countries that were really hurting us badly were really decimating us.
04:06Hence, we have $38 trillion in debt, which we'll start paying off pretty soon with the tariff money coming in.
04:12But countries that were really decimating us used tariffs against us.
04:15Now we're using tariffs. All we want is fair. All we want is national security.
04:19It's given us great national security.
04:21I settled eight wars, and numerous of them was because of trade and because of tariffs.
04:26So we're very happy with that.
04:28But this is about something a little bit different.
04:31We want to have one central source of approval, and we have, I think, great Republican support.
04:38I think we probably have Democrat support, too, because it's common sense.
04:41I mean, you can't go to every time you make a change, and it could be a very reasonable change.
04:46You still won't get it approved if you have to go to 50 states.
04:49So this centralizes it, and it's something which the people behind me,
04:54they're very distinguished people, all, but Tim Cook just left of Apple
04:59and spoke to all of the big companies, great companies, and they won't be able to do this.
05:06This will not be successful unless they have one source of approval or disapproval, frankly.
05:11You could have disapproval, too, but it's got to be one source.
05:14They can't go to 50 different sources.
05:16So I just want to thank everybody for being here.
05:19And, Will, what would you like to add to that?
05:21Sure.
05:22Mr. President, as you said, in keeping with your commitment to grow the American economy
05:26and create potentially millions of new American jobs
05:29and maintain America's technological and military superiority in the years ahead,
05:34this is an executive order that orders aspects of your administration
05:37to take decisive action to ensure that AI can operate within a single national framework in this country
05:44as opposed to being subject to state-level regulation that could potentially cripple the industry.
05:51David Sachs, your AI and crypto czar, has been one of the key players and key authors behind this EO.
05:57He can give you more of the granular detail.
05:59But the big picture is that we're taking steps to ensure that AI operates under a single national standard
06:05so that we can reap the benefits that will come from it in terms of economic growth, job development,
06:11national security, and technological edge.
06:13And it's really the biggest industry that anybody's seen.
06:17I mean, it's taking off.
06:19And, again, I believe there will only be one country that really benefits,
06:23and it should be the United States.
06:24And it will be if we do this, if we're unified.
06:28We have to be unified.
06:30China is unified because they have one vote.
06:32That's President Xi.
06:33He says, do it, and that's the end of that.
06:35You know, we have a different system.
06:37But we have a system that's good.
06:38But we only have a system that's good if it's smart.
06:40David Sachs, could you say a few words, please?
06:43Yes, sir.
06:43So, as you pointed out, we have over 1,000 bills going through state legislatures right now to regulate AI.
06:49Over 100 of them have already passed.
06:5025 percent of them are in California, New York, and Illinois.
06:52You've got 50 states running in 50 different directions.
06:55It just doesn't make sense.
06:56We're creating a confusing patchwork of regulation.
06:59And what we need is a single federal standard.
07:02And that's what the CEO says, sir.
07:03It basically states that the policy of your administration is to create that federal framework.
07:07We're going to work with Congress, like the chairman here of the Commerce Committee, Senator Cruz,
07:12and other members of Congress to define that framework.
07:15And in the meantime, the CEO gives your administration tools to push back on the most onerous and excessive state regulations.
07:21We're not going to push back on all of them.
07:23For example, kid safety, we're going to protect.
07:25We're not pushing back on that.
07:26But we're going to push back on the most onerous examples of state regulations, sir.
07:30So, I spoke with other Republican senators, and we have great approval.
07:35I think I spoke to anybody that even had any question and seemed to have gotten approval.
07:41Ted Cruz has been a very strong advocate of common sense.
07:44This is common sense.
07:45I mean, I think it's nothing more than common sense.
07:47Listen, this is the single most important economic question in the country and in the world.
07:54Who wins the race for AI?
07:57You look back to the 1990s, there was a similar inflection point with the beginning of the Internet, the dawn of the Internet.
08:04And Bill Clinton was president at the time.
08:06He signed an executive order, just like you're doing, that put into law a light-touch regulatory approach to the Internet.
08:13And the result was incredible economic growth and jobs in the United States.
08:19At the same time, the European Union took a very heavy-handed regulatory approach.
08:25Here's an amazing statistic, Mr. President.
08:27In 1993, the U.S. economies and Europe's economy were virtually identical in size.
08:34Today, America's economy is more than 50% larger than Europe's.
08:38And the two drivers of that are tech and the shale revolution.
08:42It transformed this country.
08:44And AI is the same thing.
08:46It's a race.
08:47And if China wins the race, whoever wins, the values of that country will affect all of AI.
08:55We don't want China's values of surveillance and centralized control by the communist government governing AI.
09:02We want American values of free speech, of individual liberty, of respecting the individual.
09:06So this executive order, I believe, is tremendously important.
09:10Thank you for your leadership.
09:11Well, thank you very much.
09:12And Scott, please.
09:13Yes, sir.
09:14This is pass-fail.
09:16As you said, this is the biggest technological innovation in our country's history.
09:22We've seen the canals.
09:24We've seen the railroads.
09:25We've seen the utilities.
09:26We've seen the build-out of the Internet and the fiber.
09:28And now it's AI.
09:30And it is pass-fail versus China.
09:32We have the lead.
09:34We've got to maintain it.
09:35And it is also going to be the single biggest source of economic growth.
09:41But everything else we do with our defense, there's no use in having a golden dome if China's AI can get around it.
09:48There's no use in spending all this money on defense.
09:51And the U.S. will remain the leader in this under President Trump's leadership.
09:56He has accelerated the growth.
09:58We're actually going to move ahead further.
10:01We're seeing building everywhere, construction jobs.
10:05There's going to be jobs at the AI data centers.
10:08And most importantly, President Trump had the incredible idea to allow the companies to create their own power.
10:16And we are going to see soon that communities near AI facilities will have the same or lower electric costs than other communities,
10:27which is a great innovation.
10:28So this is an important document today.
10:31Do you have any questions?
10:34On this subject, President Trump, are you more worried about the U.S. winning the race for AI dominance with China or about AI's potential threat to humanity?
10:44Both.
10:44We're looking at that very strongly.
10:46We have a lot of threats in the opposite way if we don't do it.
10:50You know, you look at the medical and medical research, already the things that have come out of AI in terms of medical and cancer research and things were way ahead of what we ever thought we'd be just from the infancy of AI.
11:02So really both.
11:04And we want to be very careful with it.
11:07And we also know that a big part of our economy, it could be 50, 60 percent of our economy going forward for a period of time, at least, especially during the startup, is AI and AI based.
11:18We have trillions of dollars of construction going on, and that construction would stop or it would certainly be a lot of it would be halted.
11:28So, look, we're leading China.
11:30We're leading China by a lot.
11:32China knows that.
11:33China and not doing this would be the greatest gift to China and other countries, but China in particular, that China has ever received.
11:42And with Venezuela, now that we've seized this tanker, is the campaign against Venezuela still just about drugs, or is it now also about oil?
11:54Well, it's about a lot of things, but one of the things it's about is the fact that they've allowed millions of people to come into our country from their prisons, from gangs, from drug dealers, and from mental institutions, probably proportionately more than anybody else.
12:07They came in from many countries.
12:09We're getting them out.
12:10We had 11,888 murderers come into our country.
12:14Many of them are from Venezuela.
12:16We had thousands of Tren de Aragua, the gang, come in from, which they say is the most violent gang.
12:23I don't know, MS-13 is pretty bad, but Tren de Aragua, they say, is the most violent gang.
12:27That comes out of, from the prisons of Venezuela.
12:30It came out of the prisons of Venezuela.
12:32So it has to do with a lot of things.
12:34They've treated us badly, and I guess now we're not treating them so good.
12:38If you look at the drug traffic, drug traffic by sea is down 92%, and nobody can figure out who the 8% is, because I have no idea.
12:48Anybody getting involved in that right now is not doing well.
12:51And we'll start that on land, too.
12:53It's going to be starting on land pretty soon.
12:55Thank you, Peter.
12:55Mr. President, in Indiana, just a few moments ago, the Senate there rejected the congressional maps to redistrict in that state.
13:04A number of Republicans voted against that redistricting effort.
13:08You have spent a lot of time talking about this.
13:10The Vice President traveled to Indiana.
13:12What's your reaction?
13:13Well, we won every other state.
13:14That's the only state.
13:15It's funny, because I won Indiana all three times by a landslide, and I wasn't working on it very hard.
13:22It would have been nice.
13:23I think we would have picked up two seats if we did that.
13:26You had one gentleman, the head of the Senate, I guess, Bray, whatever his name is.
13:30I heard he was against it.
13:32He'd probably lose his next primary, whatever that is.
13:35I hope he does, because he's done a tremendous disservice.
13:38I mean, think of it.
13:40It's a great place.
13:41I love the people there.
13:42They love me.
13:43We won in a landslide all three times.
13:45We got tremendous votes.
13:46Record.
13:46I got record votes.
13:48And then you—there's no reason for doing that.
13:51And the Democrats do it to us, so I can't imagine that they do it.
13:54But I wasn't very much involved, but there's a man named Bray as a, I guess, head of the Senate.
14:02Was that Bray?
14:03Is that the name, Bray?
14:06And, I mean, I'm sure that whenever his primary is, it's, I think, in two years.
14:11But I'm sure he'll go down.
14:13He'll go down.
14:14I'll certainly support anybody that wants to go against him.
14:18Mr. President.
14:18I was trying to ask you briefly about AI and then a question on Ukraine.
14:22On the AI side, the flip side of what you've done today is what kind of agreements you can get with China,
14:29particularly on the national security threats posed by AI.
14:33During the Biden administration, there was a vague agreement on not using AI in the nuclear weapons complex.
14:40Tell us what you envision and what conversations you've had, if any, with President Xi on that topic.
14:47Well, relevant to AI?
14:49Yes.
14:49I speak to him a lot about it.
14:51I speak to him a lot, actually.
14:52I have a very good relationship with him, as you know.
14:55If you had another president, you would have had a big real-earth problem, and it turned out not to be a problem.
15:01They're purchasing tremendous amounts of the soybeans and our agricultural products now.
15:06We're getting along with them very well.
15:08No, we talk about AI quite a bit.
15:09We talk about everything quite a bit.
15:11Well, do you have specific guardrails you're trying to put together with them?
15:16One of the things I talk to China about is the denuclearization of weapons.
15:22We'd like to see if we could stop that.
15:23You mean arms and arms and arms?
15:24I'm talking about nuclear weapons.
15:27I've spoken to China about that.
15:29I've spoken to Russia about that.
15:31And I think it would be something that we would want to do, and they would like to do, and I think Russia would like to do.
15:36They've said they won't join New START or a follow-on to New START.
15:39Well, that's what they've told you, but, you know, what they tell you is different than what they tell you.
15:44And I'm praying, Mr. President, just briefly, you made a commitment to the Europeans back in July, if I remember right,
15:51to participate in some kind of a peacekeeping force should there be a peace agreement.
15:57You mentioned, I think, air support, intelligence, and so forth.
16:02Does that commitment still stand?
16:04Is the U.S. ready to go contribute to this?
16:07It's called the security agreement, basically, that they call it.
16:09Yeah, it sounds like one of the two.
16:10Yeah, we would help.
16:11We would help with security because it's, I think, a necessary factor in getting it done.
16:16I thought that we were very close with Russia to having a deal.
16:20I thought we were very close with Ukraine to having a deal.
16:23In fact, other than President Zelensky, people loved the concept of the deal.
16:28You know, we threw something out.
16:29Is this the four-part deal that you did?
16:30Well, there's four or five different parts.
16:32It's, you know, a little bit complicated because you're cutting up land in a certain way.
16:36It's not the easiest thing.
16:37It's sort of like a complex real estate deal times a thousand.
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