00:00The biggest in history where the Dow Jones broke 50,000 four years ahead of schedule
00:05and the S&P hit 7,000 where it wasn't supposed to do it for many years
00:12were tariffs. I used these tariffs, took in hundreds of billions of dollars to make great
00:19deals for our country, both economically and on a national security basis. Everything was working
00:26well. Countries that were ripping us off for decades are now paying us hundreds of billions
00:31of dollars. They were ripping us so badly. You all know that. Everybody knows it. Even
00:37the Democrats know it. They just don't want to say it. And yet these countries are now happy
00:43and so are we. We made deals. The deals are all done. And they're happy. They're not making
00:49money like they used to, but we're making a lot of money. There was no inflation, tremendous
00:54growth. And the big story was how Donald Trump called the economy correctly and 22 Nobel Prize
01:00winners in economics didn't. They got it totally wrong. They got it really wrong.
01:06And then just four days ago, an unfortunate ruling from the United States Supreme Court.
01:11It just came down. It came down. Very unfortunate ruling. But the good news is that almost all
01:21countries and corporations want to keep the deal that they already made. Right, Scott? Knowing
01:28that the legal power that I, as president, have to make a new deal could be far worse for
01:35them. And therefore, they will continue to work along the same successful path that we
01:40had negotiated before the Supreme Court's unfortunate involvement. So despite the disappointing ruling,
01:49these powerful country saving, it's saving our country the kind of money we're taking in.
01:56Peace protecting. Many of the wars I settled was because of the threat of tariffs. I wouldn't
02:02have been able to settle them without. Will remain in place under fully approved and tested alternative
02:07legal statutes. And they have been tested for a long time. They're a little more complex,
02:13but they're actually probably better. Leading to a solution that will be even stronger than
02:20before. Congressional action will not be necessary. It's already time tested and approved.
02:26And as time goes by, I believe the tariffs paid for by foreign countries will, like in the
02:33past, substantially replace the modern day system of income tax, taking a great financial burden
02:40off the people that I love.
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