WEBVTT 1 00:00:04.200 --> 00:00:07.360 Thank you for listening to Depictions Media Radio. 2 00:00:21.280 --> 00:00:27.039 Welcome to Policy and Rights. Show up back, welcomer Policy 3 00:00:26.920 --> 00:00:44.119 and Human Joy. 4 00:00:55.520 --> 00:01:00.359 Welcome to Policy and Rights. I'm Kelly Reavern or as 5 00:01:00.439 --> 00:01:03.880 DJ Ray if you're counting on me as the Comes 6 00:01:03.880 --> 00:01:09.200 and Maples Radio podcasts. Well, anyways, we're going to be 7 00:01:09.359 --> 00:01:16.439 talking about both the US President Donald Trump, Prime Minister 8 00:01:16.480 --> 00:01:23.319 Anthony Albinizi, and Peter Dutton, the opposition leader, all three 9 00:01:23.359 --> 00:01:28.719 of those combined. I hope you have a good podcast 10 00:01:28.799 --> 00:01:32.319 for this kind of information because we're dealing with a 11 00:01:32.359 --> 00:01:38.680 lot of things between Australia and the United States, not 12 00:01:38.799 --> 00:01:42.239 to mention Canada if you're hearing all of this kind 13 00:01:42.280 --> 00:01:51.599 of stuff. Anyways, while I start with President Donald Trump. Now, 14 00:01:52.200 --> 00:01:58.280 from what I hear for Donald Trump is that he 15 00:01:58.760 --> 00:02:05.519 is well announcings more to new terriffs, not just through Canada, 16 00:02:06.799 --> 00:02:10.400 not just through Australia, but mostly around the world for 17 00:02:10.479 --> 00:02:16.439 that matter. But he'll bring out all the coverages through 18 00:02:16.599 --> 00:02:23.159 the Australian perspective, through the ABC News in full about 19 00:02:23.199 --> 00:02:28.960 the full details of what it means between triffs, not 20 00:02:29.080 --> 00:02:31.800 just again, not just in Canada the United States, but 21 00:02:32.199 --> 00:02:39.759 also in Australia. After that, I'm gonna give you a 22 00:02:39.800 --> 00:02:43.840 presentation of what Anthony Albany's the Prime Minister of Australia 23 00:02:43.960 --> 00:02:49.560 mentions about anything on terriffs and so forth, and then 24 00:02:49.599 --> 00:02:55.280 I'll bring in afterwards the UH information on what. 25 00:02:58.039 --> 00:02:58.479 Not just. 26 00:03:01.400 --> 00:03:05.319 Anthony lbzis he says, But Peter Dutton will say something 27 00:03:05.400 --> 00:03:08.960 to that address as well. So there you go, all 28 00:03:09.000 --> 00:03:14.520 three leaders leader opposition as well. From albo on the 29 00:03:15.319 --> 00:03:21.039 Australia on the response to the tariff, Donald Trump's terrors 30 00:03:21.039 --> 00:03:25.879 on Australian imports. Hope you enjoy it as much as 31 00:03:25.960 --> 00:03:29.199 I probably will. If you like what you hear, please 32 00:03:29.840 --> 00:03:33.080 give me an email send not send a djer. That 33 00:03:33.199 --> 00:03:38.919 was my old email, Gums and Maples at gmail dot com. 34 00:03:38.960 --> 00:03:45.560 That's g U M. S A N D M A 35 00:03:45.599 --> 00:03:52.479 P L E s at gmail dot com. All right, 36 00:03:52.719 --> 00:03:56.520 without further ado, here is Donald Trump sweeping on the 37 00:03:57.479 --> 00:04:00.840 new Terrors Agreement enjoint. 38 00:04:08.960 --> 00:04:13.120 Thank you very much. Thank you, nice crowd. What a 39 00:04:13.159 --> 00:04:16.360 good looking group of people. Well, we have some very 40 00:04:16.480 --> 00:04:19.160 very good news today and a lot of good things 41 00:04:19.160 --> 00:04:24.279 are happening for our country. Please sit down, my fellow Americans. 42 00:04:24.279 --> 00:04:31.879 This is liberation day waiting for a long time. April second, 43 00:04:32.040 --> 00:04:35.319 twenty twenty five, will forever be remembered as the day 44 00:04:36.040 --> 00:04:41.079 American industry was reborn, the day America's destiny was reclaimed, 45 00:04:41.680 --> 00:04:46.639 and the day that we began to make America wealthy again, 46 00:04:47.839 --> 00:04:51.519 going to make it wealthy, good, and wealthy. For decades, 47 00:04:51.560 --> 00:04:55.120 our country has been looted, pillage, raped, and plundered by 48 00:04:55.199 --> 00:04:59.959 nations near and far, both friend and foe alike. American 49 00:05:00.079 --> 00:05:03.920 steel workers, auto workers, farmers, and skilled craftsmen, we have 50 00:05:03.959 --> 00:05:07.199 a lot of them here with us today. They really 51 00:05:07.240 --> 00:05:11.639 suffered gravely. They watched in anguish as foreign leaders have 52 00:05:11.920 --> 00:05:16.360 stolen our jobs. Foreign cheaters have ransacked our factories, and 53 00:05:16.839 --> 00:05:21.399 foreign scavengers have torn apart our once beautiful American dream. 54 00:05:21.439 --> 00:05:23.560 We had an American dream that you don't hear so 55 00:05:23.680 --> 00:05:26.959 much about. You did four years ago and you are now, 56 00:05:27.079 --> 00:05:29.759 but you know't too often, and for many years and 57 00:05:29.839 --> 00:05:33.480 decades even you didn't hear too much about. Our country 58 00:05:33.519 --> 00:05:36.079 and its taxpayers have been ripped off for more than 59 00:05:36.319 --> 00:05:40.720 fifty years. But it is not going to happen anymore. 60 00:05:40.839 --> 00:05:47.759 It's not going to happen. In a few moments, I 61 00:05:47.759 --> 00:05:53.720 will sign a historic executive order instituting reciprocal tariffs on 62 00:05:54.040 --> 00:05:57.720 countries throughout the world. Reciprocal That means they do it 63 00:05:57.800 --> 00:06:00.839 to us and we do it to them. Very simple. 64 00:06:01.040 --> 00:06:06.879 Can't get any simpler than that. This is one of 65 00:06:06.920 --> 00:06:11.360 the most important days, in my opinion, in American history. 66 00:06:12.079 --> 00:06:17.040 It's our declaration of economic independence. For years, hard working 67 00:06:17.079 --> 00:06:20.519 American citizens were forced to sit on the sidelines as 68 00:06:20.839 --> 00:06:24.319 other nations got rich and powerful, much of it at 69 00:06:24.360 --> 00:06:28.399 our expense. But now it's our turn to prosper and 70 00:06:28.560 --> 00:06:32.199 in so doing, use trillions and trillions of dollars to 71 00:06:32.279 --> 00:06:35.319 reduce our taxes and pay down our national debt. And 72 00:06:35.399 --> 00:06:39.480 it'll all happen very quickly. With today's action, we are 73 00:06:39.519 --> 00:06:42.800 finally going to be able to make America great again, 74 00:06:43.199 --> 00:06:53.000 greater than ever before. Jobs and factories will come roaring 75 00:06:53.079 --> 00:06:56.199 back into our country, and you see it happening already. 76 00:06:56.480 --> 00:07:00.720 We will supercharge our domestic industrial base. We will probably 77 00:07:00.800 --> 00:07:05.240 open foreign markets and break down foreign trade barriers, and 78 00:07:05.360 --> 00:07:09.240 ultimately more production at home will mean stronger competition and 79 00:07:09.360 --> 00:07:14.279 lower prices for consumers. This will be indeed the Golden 80 00:07:14.439 --> 00:07:17.079 Age of America. It's coming back. We're going to come 81 00:07:17.079 --> 00:07:24.399 back very strongly. We're pleased to be joined on this 82 00:07:24.600 --> 00:07:29.319 momentous occasion by Vice President JD vance At JD. Thank you, 83 00:07:30.639 --> 00:07:38.279 thank you, thank you very much. Are you JD? That 84 00:07:38.439 --> 00:07:41.639 wasn't too hard to find. I was looking. You know. 85 00:07:41.680 --> 00:07:43.920 He likes to take a low key attitude and usually 86 00:07:43.959 --> 00:07:46.759 be said right in front. He's gaining a lot of confidence. 87 00:07:46.800 --> 00:07:51.040 Mike is there, and nearly my entire cabinet is here 88 00:07:51.120 --> 00:07:55.360 as well as Speaker. Mike Johnson has done an amazing job. 89 00:07:59.319 --> 00:08:02.079 And with the great success we had last night in Florida, 90 00:08:02.240 --> 00:08:06.399 we have a majority of seven, and seven's like a 91 00:08:06.439 --> 00:08:09.240 lot when we had it at one. You've done a 92 00:08:09.279 --> 00:08:12.959 fantastic job, and many of the members of the House 93 00:08:13.000 --> 00:08:16.160 and Senator with us. Senators, Congressman, thank you all for 94 00:08:16.199 --> 00:08:19.240 being with us. We appreciate it. For decades, the United 95 00:08:19.279 --> 00:08:23.160 States slashed our trade barriers and other countries while those 96 00:08:23.279 --> 00:08:27.639 nations placed massive tariffs on our products and created outrageous 97 00:08:27.759 --> 00:08:33.080 non monetary barriers to decimate our industries. And in many cases, 98 00:08:33.120 --> 00:08:36.879 the non monetary barriers were worse than the monetary ones. 99 00:08:37.519 --> 00:08:43.320 They manipulated their currencies, subsidized their exports, stole our intellectual property, 100 00:08:43.799 --> 00:08:49.679 imposed exorbitant vat taxes to disadvantage our products, adopted unfair 101 00:08:49.759 --> 00:08:54.559 rules and technical standards, and created filthy pollution havens. They 102 00:08:54.559 --> 00:08:58.440 were absolutely filthy, but they always came to us and 103 00:08:58.519 --> 00:09:01.759 they said, we're violating. We should pay for it. It's 104 00:09:01.799 --> 00:09:04.720 all detailed in a very big report by the US 105 00:09:04.879 --> 00:09:09.120 Trade Representative on foreign trade barriers. And I'll just hold 106 00:09:09.159 --> 00:09:12.600 it up for you. It's available, and you don't have 107 00:09:12.639 --> 00:09:14.879 to pay too much. As I understand it, you'll pay nothing. 108 00:09:15.279 --> 00:09:17.799 It's a lot of work, a lot of work for 109 00:09:17.960 --> 00:09:21.360 something actually, because it's a special it's a special book. 110 00:09:21.360 --> 00:09:25.360 It's very frankly, it's very upsetting when you read it, 111 00:09:25.399 --> 00:09:27.639 when you see what people have been doing to us 112 00:09:27.679 --> 00:09:31.399 for thirty years. This all happened with no response from 113 00:09:31.440 --> 00:09:35.480 the United States of America, none whatsoever. But those days 114 00:09:35.480 --> 00:09:38.759 are over. Let me offer just a few examples of 115 00:09:38.799 --> 00:09:43.120 the vicious attacks workers have faced for so many years. 116 00:09:43.879 --> 00:09:48.159 The United States charges other countries only a two point 117 00:09:48.240 --> 00:09:55.159 four tariff on motorcycles. Meanwhile, Thailand and others are charging 118 00:09:55.240 --> 00:09:59.480 much higher prices like sixty percent. India charges seventy percent, 119 00:09:59.600 --> 00:10:03.120 Vietnam charges seventy five percent, and others are even higher 120 00:10:03.120 --> 00:10:07.200 than that. Likewise, until today, the United States has for 121 00:10:07.320 --> 00:10:11.600 decades charged a two point five tariff. Think of that 122 00:10:11.720 --> 00:10:16.799 two point five percent on foreign made automobiles. The European 123 00:10:16.919 --> 00:10:21.120 Union charges US more than ten percent tariffs, and they 124 00:10:21.159 --> 00:10:26.480 have twenty percent vats much much higher. India charges seventy percent, 125 00:10:26.519 --> 00:10:30.320 and perhaps worst of all, of the non monetary restrictions 126 00:10:30.360 --> 00:10:34.039 imposed by South Korea, in Japan and very many other nations. 127 00:10:34.039 --> 00:10:39.080 As a result of these colossal trade barriers, eighty one 128 00:10:39.159 --> 00:10:41.360 percent of the cars in South Carea are made in 129 00:10:41.440 --> 00:10:44.759 South Korea. Ninety four percent of the cars in Japan 130 00:10:44.840 --> 00:10:50.000 are made in Japan. Toyota sells one million foreign made 131 00:10:50.000 --> 00:10:54.320 automobiles into the United States, and General Motor sells almost none. 132 00:10:55.000 --> 00:10:58.639 Ford sells very little. None of our companies are allowed 133 00:10:58.639 --> 00:11:02.799 to go into countries. And I say that friend and foe, 134 00:11:03.360 --> 00:11:05.639 and in many cases the friend is worse than the 135 00:11:05.679 --> 00:11:09.919 foe in terms of trade. But such horrendous imbalances have 136 00:11:10.039 --> 00:11:15.360 devastated our industrial base and put our national security at risk. 137 00:11:15.440 --> 00:11:18.759 I don't blame these other countries at all for this calamity. 138 00:11:18.759 --> 00:11:21.840 I blame former presidents and past leaders who weren't doing 139 00:11:21.879 --> 00:11:24.559 their job. They let it happen, and they let it 140 00:11:24.600 --> 00:11:27.440 happen to an extent that nobody can even believe. That's why, 141 00:11:27.559 --> 00:11:31.039 effective at midnight, we will impose the twenty five percent 142 00:11:31.120 --> 00:11:41.799 tariff on all foreign made automobiles. Thank you, Brian. I'd 143 00:11:41.879 --> 00:11:44.399 like to have you come up here for a second. Okay, 144 00:11:44.799 --> 00:11:47.360 I just see him saying he's been a fan of ours, 145 00:11:48.919 --> 00:11:52.879 and he understands this business a lot better than the economists, 146 00:11:52.919 --> 00:11:55.440 a lot better than anybody. Brian, say a few words, please, 147 00:11:55.480 --> 00:11:57.559 would you? Thank you, thank you. It's great honor to 148 00:11:57.559 --> 00:11:59.519 have you. Thanks, thank you, mister president. 149 00:12:00.399 --> 00:12:03.120 I grew up just north of Detroit, Michigan and McComb 150 00:12:03.159 --> 00:12:08.559 County in Democrats. My first vote for president was for 151 00:12:08.639 --> 00:12:11.039 Ronald Reagan. I thought that was gonna be the best 152 00:12:11.039 --> 00:12:14.200 president I ever saw in my lifetime until Donald J. 153 00:12:14.360 --> 00:12:15.360 Trump came along. 154 00:12:18.120 --> 00:12:21.720 I have watched my entire life, I have watched plant 155 00:12:21.799 --> 00:12:25.159 after plant after plant in Detroit and in the Metro 156 00:12:25.240 --> 00:12:29.320 Detroit area close. There are now plants sitting idle. There 157 00:12:29.320 --> 00:12:34.440 are now plants that are underutilized. And Donald Trump's policies 158 00:12:34.519 --> 00:12:38.000 are going to bring product back into those underutilized plants. 159 00:12:38.159 --> 00:12:40.919 There's gonna be new investment. There's gonna be new plants 160 00:12:40.960 --> 00:12:44.480 built in the UAW members and I brought twenty of 161 00:12:44.480 --> 00:12:48.679 them with me. They're sitting right over here. We support 162 00:12:48.799 --> 00:12:54.080 Donald Trump's policies on tariffs one hundred percent. So, mister President, 163 00:12:54.360 --> 00:12:57.080 we can't thank you enough. And in six months or 164 00:12:57.080 --> 00:12:59.279 a year, we're gonna begin to see the benefits. I 165 00:12:59.279 --> 00:13:01.720 can't wait to see what's happening three or four years 166 00:13:01.759 --> 00:13:04.200 down the road. Thank you, mister President. 167 00:13:04.519 --> 00:13:05.200 Thanks so much. 168 00:13:05.600 --> 00:13:08.759 Thank you. What a great guy. He got it right 169 00:13:08.799 --> 00:13:11.919 from the beginning. He got it before almost anybody else. 170 00:13:11.960 --> 00:13:15.840 This group over there, they got it too. And you know, 171 00:13:15.879 --> 00:13:19.159 we won the state of Michigan. We won almost all 172 00:13:19.200 --> 00:13:21.679 of them, but we won Michigan by a lot. And 173 00:13:21.720 --> 00:13:22.679 I want to just thank you. 174 00:13:22.720 --> 00:13:22.840 All. 175 00:13:22.960 --> 00:13:28.240 The auto workers were fantastic, the teamsters were fantastic. Everyone 176 00:13:28.279 --> 00:13:30.600 who is pretty good. I will tell you, thank you 177 00:13:30.720 --> 00:13:33.320 very much. I appreciate it. You're going to be very 178 00:13:33.360 --> 00:13:36.639 happy very soon. And you probably see what's happening with 179 00:13:36.679 --> 00:13:40.039 all of the not only car companies, but car companies 180 00:13:40.039 --> 00:13:43.559 in particular, to see it with all of the ones 181 00:13:43.600 --> 00:13:46.639 they're moving they're announcing day in, day out, you're seeing it. 182 00:13:46.960 --> 00:13:50.799 Nobody's ever seen anything like that. With today's actions, we're 183 00:13:50.840 --> 00:13:53.759 also standing up for our great farmers and ranchers who 184 00:13:53.840 --> 00:14:01.159 are brutalized by nations all over the world. Brutalized. Canada, 185 00:14:01.200 --> 00:14:03.639 by the way, imposes a two hundred and fifty to 186 00:14:03.679 --> 00:14:07.240 three hundred percent tariff on many of our dairy products. 187 00:14:07.320 --> 00:14:11.360 They do the first, the first can of milk, they 188 00:14:11.399 --> 00:14:13.720 do the first little carton of milk at at very 189 00:14:13.759 --> 00:14:16.000 low price, but after that it gets bad and then 190 00:14:16.000 --> 00:14:18.200 it gets up to two hundred and seventy five three 191 00:14:18.279 --> 00:14:22.320 hundred percent. So when they're figuring what's Canada charging, they say, oh, 192 00:14:22.399 --> 00:14:25.480 about two percent three percent. But take a look at 193 00:14:25.480 --> 00:14:27.799 what happens down the road when you look a little bit, 194 00:14:28.159 --> 00:14:30.440 it's not a pretty picture. And we don't like it, 195 00:14:30.480 --> 00:14:32.519 and it's not fair. It's not fair to our farmers, 196 00:14:32.600 --> 00:14:37.240 it's not fair to our country. And with countries like Canada, 197 00:14:37.279 --> 00:14:40.200 you know, we subsidize a lot of countries and keep 198 00:14:40.240 --> 00:14:42.960 them going and keep them in business. In the case 199 00:14:43.000 --> 00:14:46.600 of Mexico, it's three hundred billion dollars a year. In 200 00:14:46.639 --> 00:14:49.080 the case of Canada, it's close to two hundred billion 201 00:14:49.159 --> 00:14:51.799 dollars a year, and they say, why are we doing this? 202 00:14:52.000 --> 00:14:53.840 Why are we doing this? I mean, at what point 203 00:14:53.919 --> 00:14:57.639 do we say you got to work for yourselves? And 204 00:14:57.679 --> 00:14:59.679 you got to This is why we have the big 205 00:14:59.720 --> 00:15:03.000 def since, this is why we have that amount of 206 00:15:03.080 --> 00:15:05.840 debt that's been placed on our heads over the last 207 00:15:06.240 --> 00:15:09.440 number of years, and we're really not taking it anymore. 208 00:15:09.799 --> 00:15:13.360 Through non tariff barriers. The European Union bands imports of 209 00:15:13.440 --> 00:15:17.360 most American poultry. You understand, they say, we want to 210 00:15:17.399 --> 00:15:19.480 send you our cars, we want to send you everything, 211 00:15:19.519 --> 00:15:22.240 but we're not going to take anything that you have. 212 00:15:22.440 --> 00:15:27.159 Australia bands and they're wonderful people and wonderful everything, but 213 00:15:27.240 --> 00:15:31.519 they ban American beef. Yet we imported three billion dollars 214 00:15:31.519 --> 00:15:35.200 of Australian beef from them just last year alone. They 215 00:15:35.240 --> 00:15:37.240 won't take any of our beef. They don't want it 216 00:15:37.279 --> 00:15:39.799 because they don't want it to affect their farmers. And 217 00:15:39.840 --> 00:15:41.440 you know what, I don't blame them, but we're doing 218 00:15:41.480 --> 00:15:45.519 the same thing right now, starting about midnight tonight, I 219 00:15:45.559 --> 00:15:53.759 would say, and China charges American rice farmers and over quota. 220 00:15:53.799 --> 00:15:56.799 It's called a tariff raid of sixty five percent. South 221 00:15:56.879 --> 00:16:02.279 Korea charges fifty They charged different from fifty percent to 222 00:16:02.360 --> 00:16:07.200 five hundred and thirteen percent. In Japan, our friend charges 223 00:16:07.240 --> 00:16:09.879 a seven hundred percent, but that's because they don't want 224 00:16:09.960 --> 00:16:13.679 us selling rice another thing. Who can blame them, Madam 225 00:16:13.799 --> 00:16:17.200 Secretary Agriculture, Great job you did on eggs. By the way, 226 00:16:17.240 --> 00:16:20.799 the egg prices came down fifty percent. You got them 227 00:16:20.799 --> 00:16:23.519 down fifty percent once we got involved. They were going 228 00:16:23.559 --> 00:16:26.440 through the sky, the egg prices, they were going through 229 00:16:26.480 --> 00:16:29.639 the sky, and you did a fantastic job. Now we 230 00:16:29.679 --> 00:16:32.360 have lots of eggs and they're much cheaper, down about 231 00:16:32.399 --> 00:16:36.919 fifty nine percent now, and they're going down further. We 232 00:16:37.039 --> 00:16:40.559 charged two point eight percent for so many things that 233 00:16:40.639 --> 00:16:44.279 other countries are charging two hundred percent, three hundred percent, 234 00:16:44.320 --> 00:16:48.559 then four hundred percent for If imposing tariffs and protective 235 00:16:48.639 --> 00:16:52.600 barriers made nations poor, then every country on Earth would 236 00:16:52.639 --> 00:16:55.759 be racing to eliminate these policies. In China would be 237 00:16:56.159 --> 00:17:00.720 the first online. They run a very strong country, but 238 00:17:01.440 --> 00:17:04.160 they're not first in line, and the American people are 239 00:17:04.519 --> 00:17:09.039 paying a very big price. From seventeen eighty nine to 240 00:17:09.440 --> 00:17:13.279 nineteen thirteen, we were a tariff back nation in the 241 00:17:13.400 --> 00:17:17.160 United States was proportionately the wealthiest it has ever been. 242 00:17:17.240 --> 00:17:20.839 So wealthy, in fact, that in the eighteen eighties they 243 00:17:20.960 --> 00:17:24.359 established a commission to decide what they were going to 244 00:17:24.440 --> 00:17:26.839 do with the vast sums of money they were collecting. 245 00:17:26.839 --> 00:17:29.440 We were collecting so much money so fast, we didn't 246 00:17:29.440 --> 00:17:31.119 know what to do with it. Isn't that a nice 247 00:17:31.519 --> 00:17:34.160 problem to have? What do you think, Marco? Good problem? 248 00:17:34.680 --> 00:17:38.680 Marco would love that problem. But we don't have that 249 00:17:38.799 --> 00:17:41.200 problem anymore. But we're not going to have it very 250 00:17:41.279 --> 00:17:43.599 much longer, I will tell you. But they collected so 251 00:17:43.759 --> 00:17:47.119 much money they actually formed a commission to determine what 252 00:17:47.200 --> 00:17:48.799 they were going to do with the money, who they 253 00:17:48.799 --> 00:17:50.920 were going to give it to, and how much. Then 254 00:17:50.960 --> 00:17:55.759 in nineteen thirteen, for reasons unknown to mankind, they established 255 00:17:55.759 --> 00:17:59.079 the income tax so that citizens, rather than foreign countries, 256 00:17:59.119 --> 00:18:02.599 would start paying the money necessary to run our government. 257 00:18:03.200 --> 00:18:05.759 Then in nineteen twenty nine, it all came to a 258 00:18:05.839 --> 00:18:09.279 very abrupt end with a great depression, And it would 259 00:18:09.319 --> 00:18:12.480 have never happened if they had stayed with the tariff policy. 260 00:18:12.519 --> 00:18:14.599 It would have been a much different story. They tried 261 00:18:14.640 --> 00:18:19.000 to bring back tariffs to save our country but it 262 00:18:19.119 --> 00:18:21.759 was gone. It was gone. It was too late. Nothing 263 00:18:21.759 --> 00:18:24.759 could have been done. Took years and years to get 264 00:18:24.759 --> 00:18:29.359 out of that depression, far longer than even FDR had 265 00:18:29.359 --> 00:18:31.920 that office right over there for a long period of time. 266 00:18:32.319 --> 00:18:36.359 The ramp system, it's rather intricate, was built because of him, 267 00:18:36.440 --> 00:18:38.680 and every time you walk up, you think of him. 268 00:18:38.680 --> 00:18:40.960 And he did a great job in many ways. But 269 00:18:41.039 --> 00:18:44.880 it lasted long beyond his terms, as you know. But 270 00:18:45.000 --> 00:18:48.079 it's not too late any longer. And we're going to 271 00:18:48.640 --> 00:18:51.480 start being smart, and we're going to start being very 272 00:18:51.519 --> 00:18:53.759 wealthy again. We're going to be wealthy as a country. 273 00:18:53.759 --> 00:18:57.240 Because they've taken so much of our wealth away from us. 274 00:18:57.240 --> 00:18:59.599 We're not going to let that happen. We truly can 275 00:18:59.640 --> 00:19:02.079 be very wealthy. We can be so much wealthier than 276 00:19:02.119 --> 00:19:05.559 any country, it's not even believable. But we're getting smart. 277 00:19:05.599 --> 00:19:09.839 Nearly a century later, in the face of unrelenting economic warfare, 278 00:19:09.960 --> 00:19:12.920 the United States can no longer continue with a policy 279 00:19:12.960 --> 00:19:18.000 of unilateral economic surrender. We cannot pay the deficits of 280 00:19:18.079 --> 00:19:20.799 Canada and Mexico and so many other countries. We used 281 00:19:20.799 --> 00:19:22.720 to do it, we can't do it anymore. We take 282 00:19:22.720 --> 00:19:24.920 care of countries all over the world. We pay for 283 00:19:24.960 --> 00:19:28.480 their military, We pay for everything they have to pay. 284 00:19:28.519 --> 00:19:30.880 And then when you want to cut back a little bit, 285 00:19:30.920 --> 00:19:33.079 they get upset that you're not taking care of them 286 00:19:33.079 --> 00:19:35.279 any longer. But we have to take care of our people, 287 00:19:35.640 --> 00:19:37.480 and we're going to take care of our people first. 288 00:19:37.519 --> 00:19:45.000 And I'm sorry to say that. And today we're standing 289 00:19:45.079 --> 00:19:48.759 up for the American worker, and we are finally putting 290 00:19:49.079 --> 00:19:58.720 America first. In sleepy Joe Biden's last year in office 291 00:19:58.759 --> 00:20:03.319 to the United States hemorrhaged one hundred thousand manufacturing jobs and 292 00:20:03.359 --> 00:20:06.519 the number was going through the roof at levels never 293 00:20:06.599 --> 00:20:10.519 seen before. And our trade deficit reached a record one 294 00:20:10.599 --> 00:20:15.960 point two trillion dollars, which is unheard of. Since the 295 00:20:16.039 --> 00:20:18.920 beginning of NAFA, the worst trade deal ever made. It 296 00:20:19.000 --> 00:20:21.319 was a horror show. I was able to determine it. 297 00:20:21.319 --> 00:20:23.519 They all said, you'd never be able to get it out. 298 00:20:23.759 --> 00:20:27.119 We had to get approval from Congress to get it terminated. 299 00:20:27.839 --> 00:20:29.839 We had to live with that deal was the worst deal, 300 00:20:29.960 --> 00:20:33.200 worst trade deal ever made by far. But since the 301 00:20:33.319 --> 00:20:38.480 very beginning of NAFTA, our country lost ninety thousand factories. 302 00:20:38.519 --> 00:20:41.640 Think of what that is. Ninety thousand. Think about putting 303 00:20:41.680 --> 00:20:44.119 a map up and putting text on it. You wouldn't 304 00:20:44.119 --> 00:20:47.240 have enough room. Ninety thousand, I said, is that possible? 305 00:20:47.279 --> 00:20:49.680 We had to check four different times, and it was 306 00:20:49.759 --> 00:20:54.039 actually somewhat higher than that. And five million manufacturing jobs 307 00:20:54.079 --> 00:21:00.000 were lost while racking up trade deficits of nineteen trillion dollars. 308 00:21:00.279 --> 00:21:03.480 That was the worst trade deal ever made. As a 309 00:21:03.519 --> 00:21:07.240 result of these gigantic losses, foreign nations now own twenty 310 00:21:07.240 --> 00:21:11.599 six trillion dollars more of American assets than Americans. Think 311 00:21:11.640 --> 00:21:14.839 of this, than the Americans own of their own foreign 312 00:21:14.880 --> 00:21:18.799 assets or other foreign assets. The United States can no 313 00:21:18.880 --> 00:21:23.400 longer produce enough antibiotics to treat our sick. We have 314 00:21:23.440 --> 00:21:26.319 a tremendous problem. We have to go to foreign countries 315 00:21:26.359 --> 00:21:28.720 to treat our sick. If anything ever happened from a 316 00:21:28.720 --> 00:21:31.359 war standpoint, we wouldn't be able to do it. We 317 00:21:31.400 --> 00:21:36.519 import virtually all of our computers, phones, televisions, and electronics. 318 00:21:36.519 --> 00:21:39.519 We used to dominate the field, and now we import 319 00:21:39.559 --> 00:21:43.119 it all from different countries. A single shipyard in China 320 00:21:43.200 --> 00:21:46.720 now produces more ships every year than all of the 321 00:21:46.759 --> 00:21:50.160 American shipyards combined. Think of that, and it was a 322 00:21:50.200 --> 00:21:52.920 business that we used to dominate. We used to dominate 323 00:21:53.000 --> 00:21:56.559 it totally. In short, chronic trade deficits are no longer 324 00:21:56.599 --> 00:22:00.440 merely an economic problem. They're a national emergence. See that 325 00:22:00.640 --> 00:22:03.759 threatens our security and our very way of life. It's 326 00:22:03.799 --> 00:22:07.400 a very great threat to our country and for these reasons. 327 00:22:07.440 --> 00:22:11.400 Starting tomorrow, the United States will implement reciprocal tariffs on 328 00:22:12.000 --> 00:22:16.200 other nations. It's been a long time since we even 329 00:22:16.240 --> 00:22:18.720 thought of that. We used to think about it a lot. 330 00:22:18.799 --> 00:22:21.720 We didn't think about it for many decades, and you 331 00:22:21.759 --> 00:22:25.160 see what's happened for nations that treat us badly. We 332 00:22:25.240 --> 00:22:28.599 will calculate the combined rate of all their tariffs, non 333 00:22:28.680 --> 00:22:33.200 monetary barriers, and other forms of cheating. And because we 334 00:22:33.319 --> 00:22:38.680 are being very kind, we're kind people, very kind. You're 335 00:22:38.680 --> 00:22:41.640 not so kind when you get ripped off with your salaries. 336 00:22:41.680 --> 00:22:45.759 My autoworker friends and my teamster friends, and all of 337 00:22:45.799 --> 00:22:49.519 the unions that typically voted Democrat, they're not voting Democrat 338 00:22:49.599 --> 00:22:52.839 anymore because the worker, whether union or non worker, they're 339 00:22:52.880 --> 00:22:57.119 for the Republicans. Now, that's what happened. But we will 340 00:22:57.240 --> 00:23:00.680 charge them approximately half of what they are and have 341 00:23:00.799 --> 00:23:05.759 been charging us. So the tariffs will be not a 342 00:23:05.839 --> 00:23:09.440 full reciprocal. I could have done that, yes, but it 343 00:23:09.480 --> 00:23:11.680 would have been tough for a lot of countries. We 344 00:23:11.720 --> 00:23:13.720 didn't want to do that. I'd like to see the chart. 345 00:23:13.759 --> 00:23:16.559 If you have it, could you bring it up, Howard? 346 00:23:17.119 --> 00:23:23.519 This is our great Secretary of Commerce, Howard Lutnick. Thanks. 347 00:23:25.160 --> 00:23:29.920 So if you look at that China first row, China, 348 00:23:30.400 --> 00:23:35.759 sixty seven percent, that's tariffs charged to the USA, including 349 00:23:36.319 --> 00:23:40.759 currency manipulation and trade barriers. So sixty seven percent. I 350 00:23:40.799 --> 00:23:43.039 think you can, for the most part see it. Those 351 00:23:43.079 --> 00:23:45.400 with good eyes with bad eyes. We didn't want to 352 00:23:45.400 --> 00:23:47.279 bring the it's very windy out here. We didn't want 353 00:23:47.319 --> 00:23:49.000 to bring out the big charts because it had no 354 00:23:49.119 --> 00:23:53.359 chance of standing. Fortunately, we came armed with a little 355 00:23:53.400 --> 00:23:57.319 smaller chart. So sixty seven percent. So we're going to 356 00:23:57.319 --> 00:24:01.599 be charging a discounted reciprocal for thirty four percent. I think. 357 00:24:02.079 --> 00:24:04.279 In other words, they charge us, we charge them, we 358 00:24:04.359 --> 00:24:07.519 charge them less. So how can anybody be upset? They 359 00:24:07.559 --> 00:24:10.400 will be because we never charge anybody anything. But now 360 00:24:10.400 --> 00:24:15.119 we're gonna charge European Union. They're very tough, very very 361 00:24:15.160 --> 00:24:20.359 tough traders. You know, you think of European Union, very friendly. 362 00:24:20.440 --> 00:24:23.599 They rip us off. It's so sad to see, it's 363 00:24:23.640 --> 00:24:27.960 so pathetic. Thirty nine percent. We're gonna charge them twenty percent, 364 00:24:28.000 --> 00:24:33.319 So we're charging them potentially have Vietnam, great negotiators, great people, 365 00:24:33.960 --> 00:24:36.079 they like me. I like them. The problem is they 366 00:24:36.160 --> 00:24:39.079 charge us ninety percent. We're gonna charge them forty six 367 00:24:39.119 --> 00:24:43.839 percent tariff. Taiwan where they make they took all of 368 00:24:43.880 --> 00:24:48.079 our computer chips and semiconductors. We used to be the king, right, 369 00:24:48.200 --> 00:24:51.240 we were everything. We had all of it. Now we 370 00:24:51.279 --> 00:24:53.640 have almost none of it. Except the biggest company is 371 00:24:53.680 --> 00:24:55.319 coming in they're gonna have We're gonna end up with 372 00:24:55.480 --> 00:24:58.480 almost forty percent. Leez Elden's working to get their approvals 373 00:24:59.240 --> 00:25:02.839 and it's an amazing company, mister way of one of 374 00:25:02.839 --> 00:25:05.480 the great companies of the world. Actually, they're coming in 375 00:25:05.519 --> 00:25:07.640 from Taiwan and they're got to build one of the 376 00:25:07.640 --> 00:25:10.039 biggest plants in the world, maybe the biggest for that. 377 00:25:10.799 --> 00:25:13.160 But sixty four percent, we're going to charge them thirty 378 00:25:13.200 --> 00:25:19.000 two percent. Japan very very tough, great people. And again 379 00:25:19.079 --> 00:25:21.440 I don't blame the people for doing it. It's I 380 00:25:21.440 --> 00:25:23.079 think they're very smart to do it. I blame the 381 00:25:23.119 --> 00:25:25.799 people that sat right in that oval office, right over there, 382 00:25:26.400 --> 00:25:31.240 right behind the resolute desk. Whichever death they charge Japan 383 00:25:31.440 --> 00:25:34.200 forty six percent, they would charge us forty six percent, 384 00:25:34.480 --> 00:25:37.519 and much higher for certain items like cars, you know, 385 00:25:37.559 --> 00:25:41.160 little items like cars, forty six percent. We're charging them 386 00:25:41.200 --> 00:25:45.079 twenty four percent. India very very tough, very very tough. 387 00:25:46.000 --> 00:25:49.440 They Prime minister just left, and he's a great friend 388 00:25:49.440 --> 00:25:51.200 of mine. But I said, you're a friend of mine, 389 00:25:51.200 --> 00:25:54.759 but you're not treating us right. They charged us fifty 390 00:25:54.759 --> 00:25:57.039 two percent. You have to understand, we charge them almost 391 00:25:57.039 --> 00:25:59.839 nothing for years and years and decades, and it was 392 00:26:00.079 --> 00:26:04.920 only seven years ago when I came in. We started 393 00:26:04.960 --> 00:26:08.119 with China, Georgia. We took in hundreds of billions of 394 00:26:08.160 --> 00:26:15.160 dollars from China in tariffs, and they understood. Honestly, Presidency understood. 395 00:26:15.160 --> 00:26:17.599 He said, look, I understand, and the other countries and 396 00:26:17.599 --> 00:26:20.039 they all understand. We're gonna have to go through a 397 00:26:20.039 --> 00:26:23.400 little tough love maybe, but they all understand they're ripping 398 00:26:23.480 --> 00:26:27.920 us off, and they understood it. Prime Minister of Japan, 399 00:26:28.920 --> 00:26:33.759 Shinzo was Shinzo Abbi. He was a fantastic man. He 400 00:26:33.920 --> 00:26:38.599 was unfortunately taken from US assassination. But I went to 401 00:26:38.680 --> 00:26:41.799