00:00My message to every business in the world is very simple.
00:04Come make your product in America and we will give you among the lowest taxes of any nation on earth.
00:11We're bringing them down very substantially even from the original Trump tax cuts.
00:16But if you don't make your product in America, which is your prerogative,
00:20then very simply you will have to pay a tariff, differing amounts,
00:25but a tariff which will direct hundreds of billions of dollars and even trillions of dollars into our treasury
00:31to strengthen our economy and pay down debt.
00:34I'm also going to ask all NATO nations to increase defense spending to 5% of GDP,
00:40which is what it should have been years ago.
00:42It was only at 2% and most nations didn't pay until I came along.
00:47I insisted that they pay and they did because the United States was really paying the difference at that time
00:53and it was unfair to the United States.
00:56I really would like to be able to meet with President Putin soon and get that war ended.
01:01So we want to see if we can denuclearize and I think that's very possible.
01:06And I can tell you that President Putin wanted to do it.
01:09He and I wanted to do it.
01:11We had a good conversation with China.
01:14They would have been involved.
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