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Trump “Anxiously” Awaits Supreme Court Tariff Ruling, Warns of Huge Repayments | APT
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00:00
401ks did great. I have people see me all the time. Policemen that guard us really well and
00:06
got to know him a little bit. And they said, sir, you're making me look so good. My 401ks
00:11
through the roof. My wife thinks I'm the greatest genius and I'm a financial genius like Warren
00:16
Buffett. He told me that he said, I, I think they have better returns than Warren Buffett right now.
00:23
But he said, all my life, my wife has been criticizing me for not being smart financially.
00:29
Now, all of a sudden she's, she loves me more. But we added $9 trillion in value to retirement
00:37
accounts, saving, saving many people. I mean, they were going out of business. Think of it.
00:44
We added $9 trillion of value to retirement accounts, savings accounts and 401ks. That's
00:51
during the course of 12 months. And I think it's probably 11 months because I don't think
00:55
they have it for the 12. They have it for the 11 added $9 trillion of value.
01:04
Lifted more than 1.2 million Americans are food stamps in one year. They would have had another
01:09
1.2 million. We would have had welfare would have gone up. And instead of investing $18 trillion in
01:17
our country. Now it's probably more than that. But 18 trillion and having thousands of plants being
01:22
built all over the country, you would have had thousands of plants closing all over the
01:27
country. And you would have had disinvestment and you would have had welfare going way up.
01:35
You know, if you look at SNAP, take a look at SNAP. What happened with that? It was at $7 billion and
01:42
it came out to over $51 billion. Nobody has ever seen anything like it. The past administration,
01:52
they had no clue. Or they were really bad, but they basically had no clue.
01:58
But they did have a concept. I mean, they're still trying to sell the idea of men playing in
02:04
women's sports. You saw that in the Supreme Court. I mean, some of those justices were fighting for
02:10
them, too. They were fighting for them. But you saw that just the other day in the Supreme Court.
02:14
Men playing in women's sports doesn't work. Secured a record-breaking $18 trillion in commitments
02:20
for new investments. Apple, NVIDIA, SoftBank, Oracle, TSMC, Johnson & Johnson, Eli Lilly and Company,
02:28
Micron, AstraZeneca, General Motors, Hyundai, Ford, Honda, GE Aerospace, many, many others. I left a Ford
02:37
plant a week ago in Michigan that they were going to close two years ago. And now they just announced
02:45
that they're going 24 hours around the clock making cars. Tariffs did it. I don't know what
02:51
the Supreme Court's going to do. I think it, to me, it reads so plainly. It couldn't be plainer.
02:57
You're allowed to do a license. Tariff is probably less severe than what a license could be. But think
03:04
of it. You're allowed to do a license. And then they have a clause at the end, something to the effect,
03:09
or what is necessary, something to that effect. And what is necessary with tariffs. I don't know.
03:14
Where there's a case even there. But we've taken in hundreds of billions of dollars. And
03:20
if we lose that case, it's possible we're going to have to
03:23
do the best we can in paying it back. I don't know how that's going to be
03:28
done very easily without hurting a lot of people. But we're waiting for that case anxiously. And we
03:36
have tremendous national security because of tariffs and tremendous income. You know, we have.
03:42
And by the way, no inflation. So everyone said, oh, tariffs will cause inflation. We have no
03:47
inflation. We have very little inflation. Biden had inflation and he didn't do tariffs. We had a
03:52
huge problem. We had we have a 62 percent reduction in our trade deficit. So if you had a 1 percent
03:59
reduction, a normal president would have a 1 percent, 2 percent reduction. Everybody would be high
04:05
fiving. Had a 62 percent reduction. Next year, we won't have a trade deficit. We secured most
04:12
favored nations agreements to slash drug prices by as much. To me, I think this might be the biggest
04:18
thing of all. We get zero talk about it. The New York Times had a story way in the back of the paper,
04:27
a little story about it. I think it's the biggest thing there is. When you talk about health care,
04:31
drug prices will go down more than ever before for any.
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