00:04One of the primary reasons for our country's stunning economic turnaround, the biggest
00:10in history, where the Dow Jones broke 50,000 four years ahead of schedule, and the S&P
00:16hit 7,000, where it wasn't supposed to do it for many years, were tariffs.
00:24I used these tariffs, took in hundreds of billions of dollars to make great deals for
00:29our country, both economically and on a national security basis.
00:34Everything was working well.
00:36Countries that were ripping us off for decades are now paying us hundreds of billions of dollars.
00:42They were ripping us so badly, you all know that.
00:45Everybody knows it.
00:46Even the Democrats know it.
00:47They just don't want to say it.
00:49And yet these countries are now happy, and so are we.
00:54We made deals.
00:55The deals are all done.
00:56And they're happy.
00:57They're not making money like they used to, but we're making a lot of money.
01:01There was no inflation, tremendous growth.
01:04And the big story was how Donald Trump called the economy correctly, and 22 Nobel Prize winners
01:10in economics didn't.
01:12They got it totally wrong.
01:14They got it really wrong.
01:16And then just four days ago, an unfortunate ruling from the United States Supreme Court.
01:20It just came down.
01:22It came down.
01:23It came down.
01:23It came down.
01:23Very unfortunate ruling.
01:27But the good news is that almost all countries and corporations want to keep the deal that
01:35they already made.
01:36Right, Scott?
01:37It came down.
01:38Knowing that the legal power that I, as president, have to make a new deal could be far worse for
01:44them.
01:46And therefore, they will continue to work along the same successful path that we had negotiated
01:50before the Supreme Court's unfortunate involvement.
01:54So, despite the disappointing ruling, these powerful countries saving, it's saving our country,
02:03the kind of money we're taking in, peace protecting.
02:07Many of the wars I settled was because of the threat of tariffs.
02:10I wouldn't have been able to settle them without.
02:13We'll remain in place under fully approved and tested alternative legal statutes.
02:17And they have been tested for a long time.
02:21They're a little more complex, but they're actually probably better.
02:25Leading to a solution that will be even stronger than before.
02:30Congressional action will not be necessary.
02:33It's already time-tested and approved.
02:35And as time goes by, I believe the tariffs paid for by foreign countries will, like in the
02:42past, substantially replace the modern-day system of income tax.
02:47It's taking a great financial burden off the people that I love.
02:55Right?
02:58Right?
03:10You
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