WEBVTT

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<v Speaker 1>Is going to be very interesting year. We have an

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<v Speaker 1>interesting time. We're making a fortune with tariffs. Two billion

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<v Speaker 1>dollars a day. Do you believe it? I was told

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<v Speaker 1>two billion dollars a day. You know, I get hit

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<v Speaker 1>by the press about tariffs. We're making two billion billion.

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<v Speaker 1>This is in thirty five million. That's peanuts, two billion

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<v Speaker 1>dollars a day. In addition, we have a lot of

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<v Speaker 1>countries coming to see us. They want to make a deal.

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<v Speaker 1>And I really think we're helped a lot by the

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<v Speaker 1>tariff situation that's going on, which is a good situation.

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<v Speaker 1>Not about it's great. It's going to be legendary. You

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<v Speaker 1>watch legendary in a positive way. I have to say

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<v Speaker 1>it's going to be legendary. And I do think that

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<v Speaker 1>the war with the world, which is not a war

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<v Speaker 1>at all, because they're all coming here. Japan is coming

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<v Speaker 1>here as we speak. They're in a plane flying, lots

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<v Speaker 1>of them. All tough negotiators, but things that people wouldn't

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<v Speaker 1>have given us two years ago, wouldn't have even thought

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<v Speaker 1>of it two years ago, three years ago, five years ago, seven.

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<v Speaker 1>They've given us everything. They don't want tariffs on themselves,

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<v Speaker 1>and it's very simple we're making deals and people are

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<v Speaker 1>paying tariffs. Countries are paying tariffs right now. China's paying

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<v Speaker 1>a one hundred and four percent tariff. Think of it,

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<v Speaker 1>one hundred and four percent. Now, it sounds ridiculous, but

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<v Speaker 1>they charged us for many items one hundred percent, one

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<v Speaker 1>hundred and twenty five percent. Many countries have. They've ripped

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<v Speaker 1>us off left and right. But now it's our turn

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<v Speaker 1>to do the ripping. That's okay. But the shrill voices

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<v Speaker 1>that you're hearing this week about tariffs are the same

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<v Speaker 1>scoundrels and frauds who never thought twice about when the

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<v Speaker 1>United States lost ninety thousand factories and plants. Think of that,

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<v Speaker 1>ninety thousand. How do you do ninety If you had

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<v Speaker 1>a map, a big map, the size of that wall,

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<v Speaker 1>and you had a pin for each factory, you would

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<v Speaker 1>have enough room. You think of it. Ninety thousand factories

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<v Speaker 1>since NAFTA the worst trade deal in history, by the way,

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<v Speaker 1>and we had it terminated. Everybody said you'd never be

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<v Speaker 1>able to had to be terminated by Congress, and it

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<v Speaker 1>was not easy. It was so bad. You know, the

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<v Speaker 1>people have a lot of it's very interesting. They have

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<v Speaker 1>a lot of power. They have a lot of political power.

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<v Speaker 1>It's hard to get even a bad deal terminator. But

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<v Speaker 1>we did do it and we gets USMCA, and that's

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<v Speaker 1>that's been really great. But when they cheat, it's not

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<v Speaker 1>so good. And they cheat, they do cheat. You know,

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<v Speaker 1>I respect Mexico, I respect Canada, but they cheat like hell.

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<v Speaker 1>You know, Canada charges for our dairy products two hundred

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<v Speaker 1>and seventy percent. Nobody knows that they charge you two

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<v Speaker 1>percent for the first two cartons of milk and after

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<v Speaker 1>that you go up to two hundred and seventy and

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<v Speaker 1>the presses they've only charged two percent. No, that's for

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<v Speaker 1>the first two cartons. So it's uh, you know, we

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<v Speaker 1>can't have that, and we have to be wise to

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<v Speaker 1>it and get along with everybody, but we have to

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<v Speaker 1>call people out. Six million manufacturing jobs were lost since NAFTO.

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<v Speaker 1>I'm glad to be the president for the workers, not

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<v Speaker 1>the outsources. The president stands up from Main Street now

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<v Speaker 1>Wall Street, who protects the middle class, not the political class,

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<v Speaker 1>and who defends America not trade cheaters. All over the globe.

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<v Speaker 1>They're trade cheaters. They cheated on us, they cheated with

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<v Speaker 1>tariffs on us, They stole our money. They stole our jobs.

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<v Speaker 1>And now people are going around saying, oh, we're not

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<v Speaker 1>treating them right now, we're treating them very good. Actually

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<v Speaker 1>they're lucky. We're treating them so good. And you know

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<v Speaker 1>when I have tariffs and I say, well, we're going

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<v Speaker 1>to charge what they did. We're going to charge what

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<v Speaker 1>they did, and then I say, I'm going to charge

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<v Speaker 1>much less than they did. Believe me, we're actually being

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<v Speaker 1>nice about it. But we're doing very well, better than

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<v Speaker 1>we've ever done before. My job is not to maximize

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<v Speaker 1>the profits of outsources and foreign car I mean, these

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<v Speaker 1>foreign corporations are horrible. It's horrible what they're doing. But

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<v Speaker 1>we're catching them. We're catching them by the dozens. My

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<v Speaker 1>job is to defend the I have to defend the

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<v Speaker 1>American dream and I have to defend the American citizens.

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<v Speaker 1>My job I have to defend that the American dream

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<v Speaker 1>is never mentioned. It was mentioned for four years and

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<v Speaker 1>now it's being mentioned again, but it was never mentioned.

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<v Speaker 1>The United States has been getting ripped off for fifty

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<v Speaker 1>years and we're simply not going to take it anymore.

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<v Speaker 1>And that's what's happening right now. In nineteen fifty, the

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<v Speaker 1>United States dominated lobo auto production, producing more than seventy

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<v Speaker 1>five percent of all of the cars on I think

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<v Speaker 1>of that, seventy five percent and even higher before that.

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<v Speaker 1>Today we produce eleven percent, while China produces three times

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<v Speaker 1>more than we do. Let me tell you something with

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<v Speaker 1>the tariffs that we're doing is you know, we have

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<v Speaker 1>tariffs on automobiles aluminum seal separate from the other tariffs,

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<v Speaker 1>the baseline we call it. Companies are pouring back into

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<v Speaker 1>our country with plants. There's a run on sites. There's

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<v Speaker 1>a run on old plants. Most of them are being

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<v Speaker 1>ripped down for new plants. They stopped building in Mexico,

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<v Speaker 1>four or five plants, and they're all coming into the

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<v Speaker 1>United States. I know what the hell I'm doing. I

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<v Speaker 1>know what I'm doing, and you know what I'm doing too.

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<v Speaker 1>That's why you vote for me. And the chip makers

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<v Speaker 1>are coming in. They're all coming in. We've never had

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<v Speaker 1>anything like this. We have investment. They think of about

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<v Speaker 1>seven think of this, seven trillion dollars and that's been

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<v Speaker 1>in a month and a half. Think of that for

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<v Speaker 1>the first Like, you've got to give me a little

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<v Speaker 1>time to get warmed up with that. So let's take

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<v Speaker 1>the first couple of weeks off for about a month

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<v Speaker 1>and a half, we got seven almost seven trillion dollars

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<v Speaker 1>spoken for trillion. We've never had that. I don't know

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<v Speaker 1>if we've ever had it any time. These are the

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<v Speaker 1>biggest chip makers in the world, the biggest auto manufacturers

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<v Speaker 1>in the world. Seven trillion dollars of investment, and that

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<v Speaker 1>means jobs. I look at differently, not investment. I look

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<v Speaker 1>at it as jobs. And they're coming in at levels

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<v Speaker 1>that we've never seen before. And it is true that

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<v Speaker 1>Mexico they've stopped building plans, so those plants are now

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<v Speaker 1>going to be built in the United States America. So

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<v Speaker 1>it's pretty exciting. Well, because of two things. They say.

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<v Speaker 1>They want to be nice to me. They say, sir,

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<v Speaker 1>because of November fifth, the election, and because of tariffs.

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<v Speaker 1>I said in that order, and the smart one say yes, sir.

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<v Speaker 1>First was that you got elected, and second was tariffs.

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<v Speaker 1>And I'll accept that, you know, but I will tell

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<v Speaker 1>you because of tariff's but I'm the only one that

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<v Speaker 1>would have done the tariffs because everybody was afraid. They

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<v Speaker 1>were afraid of being criticized, because the globalists will go

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<v Speaker 1>after you for seven decades, American ships have patrolled the seas,

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<v Speaker 1>American troops have kept the pace and peace, and American

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<v Speaker 1>wealth has enriched the globe. But despite all we have

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<v Speaker 1>given to them, you will not find an American car

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<v Speaker 1>in Berlin, in Tokyo, in Seoul and Shanghai, not a car.

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<v Speaker 1>I used to say to Angel America, Angola, how many

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<v Speaker 1>Chevrolets do we have in Berlin? Why? None? Donald, None,

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<v Speaker 1>That's right, Angola, you got it. How many Chevrolets do

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<v Speaker 1>you think we have in Munich Angola none? Donald, I said,

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<v Speaker 1>you sent us seven million cars last year, So we're

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<v Speaker 1>going to start buying American made cars or cars that

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<v Speaker 1>are manufactured in America. In China, as you know, is

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<v Speaker 1>one of the bigger offenders. And it's not all China. Look,

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<v Speaker 1>I get along with Presidency. I have over the years,

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<v Speaker 1>but you know you just when COVID came, that was

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<v Speaker 1>the end. That was it. That was called the bridge

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<v Speaker 1>too far. But I've always had a good relationship with

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<v Speaker 1>a very smart guy. Loves his country. I love our countries,

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<v Speaker 1>so you know we love our country, he loves his.

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<v Speaker 1>I tell that to other leaders, you got to fight

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<v Speaker 1>for your country. You're not going to fight for us,

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<v Speaker 1>but we can't fight for you. We're fighting for other countries.

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<v Speaker 1>We're trying to make them great without making us great.

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<v Speaker 1>But those days are over. They steal our intellectual property,

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<v Speaker 1>they rob our trade secrets. They manipulate their currency to

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<v Speaker 1>levels that have never been seen before. Today it was

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<v Speaker 1>announced that China is reducing its currency. Did you see that, big? Big?

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<v Speaker 1>In other words, they're going to make up for it.

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<v Speaker 1>They got every trick on the book. I'll tell you

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<v Speaker 1>they are great. You got to hand it to them.

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<v Speaker 1>You got to hand it to them. They're manipulating their

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<v Speaker 1>currency today as an offset against the tariffs. Not supposed

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<v Speaker 1>to do that. The game isn't supposed to be played

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<v Speaker 1>that way. It makes it very hard for us. But

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<v Speaker 1>in the end it's not good because they have to

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<v Speaker 1>buy oil. See we don't need oil. We don't need oil,

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<v Speaker 1>and guess we have more than any other country. They

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<v Speaker 1>have to buy it. That's where it hurts them. When

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<v Speaker 1>they do that. It costs them twice as much, and

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<v Speaker 1>they ship their products through every one of our trading partners,

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<v Speaker 1>running up our deficits. With these countries, they sell a lot.

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<v Speaker 1>You know, when you put a tariff on them. They

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<v Speaker 1>sell it. Like with steel, they were dumping tremendous amounts

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<v Speaker 1>of steel into our country. During my term, I saved

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<v Speaker 1>every steel milly. We only have steel mills because of

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<v Speaker 1>what I did. I put a high tariff on them

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<v Speaker 1>twenty five and then fifty percent, and it stopped. It stopped.

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<v Speaker 1>They were dumping so much. To you, we would have

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<v Speaker 1>lost every single seal mill. The people that liked me

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<v Speaker 1>best are the people in the seal business. But I

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<v Speaker 1>think the auto business is going to be right there.

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<v Speaker 1>I think gyps are going to be there. I think

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<v Speaker 1>pharmaceuticals are going to be there, because you know, we

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<v Speaker 1>don't make our own pharmaceuticals, drugs and other things to

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<v Speaker 1>get better, they're made in other countries and you pay

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<v Speaker 1>a number. I mean, the same package in our country

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<v Speaker 1>compared to like London and other places is sometimes ten

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<v Speaker 1>times more. Ten times more. Something that sells for eighty

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<v Speaker 1>eight dollars in London sells that thirteen hundred dollars here,

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<v Speaker 1>made of the same factory by the same company. And

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<v Speaker 1>that's over. I told them all that's over. They put

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<v Speaker 1>all of their research and develop money, they put everything,

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<v Speaker 1>but what they don't tell you is that these other

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<v Speaker 1>countries are smart. They say you can't charge more than

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<v Speaker 1>eighty eight dollars, otherwise you can't sell your product, and

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<v Speaker 1>the drug companies listen to them. But we're going to

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<v Speaker 1>do something that we have to do. We're gonna put

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<v Speaker 1>We're going to tariff our pharmaceuticals. And once we do that,

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<v Speaker 1>they're going to come rushing back into our country because

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<v Speaker 1>we're a big market. The advantage we have over everybody

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<v Speaker 1>is that we're the big market. So we're going to

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<v Speaker 1>be announcing very shortly a major tariff on pharmaceuticals. And

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<v Speaker 1>when you and when they hear that, they will leave China,

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<v Speaker 1>they will leave other places because they have to sell.

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<v Speaker 1>Most of their product is sold here, and they're going

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<v Speaker 1>to be opening up their plants all over the place

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<v Speaker 1>in our country. We're going to be announcing that. So

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<v Speaker 1>that's breaking news, ladies and gentlemen. We have breaking news.

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<v Speaker 1>That's what's going to happen. What other presidents allow China

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<v Speaker 1>to get away with is absolutely criminal. But I'm not

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<v Speaker 1>like the other presidents, and it's not going to happen

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<v Speaker 1>under President Trump. It's just not going to happen. And

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<v Speaker 1>after all, of the abuses they've perpetrated. China's attempting to

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<v Speaker 1>impose additional unjustified tariffs just so you understand, they all

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<v Speaker 1>got rich because of the tariffs. You know, now when

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<v Speaker 1>we do it all, it's so terrible what Trump is doing.

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<v Speaker 1>It's so terrible. They got rich, and not only China,

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<v Speaker 1>many countries. I mean, you look at Vietnam, you look

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<v Speaker 1>at so many. I could name fifty right now. Biden

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<v Speaker 1>couldn't do that. He couldn't name any name, one country,

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<v Speaker 1>name any country. What's the name of our country? He

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<v Speaker 1>doesn't know. That's why additional tariffs and Chinese goods are

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<v Speaker 1>in place, effective midnight tonight at one hundred and four

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<v Speaker 1>percent until they make a deal with us. That's what

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<v Speaker 1>it's going to be. I think they'll make a deal

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<v Speaker 1>at some point. China will. They want to make a deal,

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<v Speaker 1>They really do. They want to make a deal. They

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<v Speaker 1>just don't know how to get it started because they're

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<v Speaker 1>proud people. China will now pay a big number to

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<v Speaker 1>our treasury. Is all taxes. And don't let them keep

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<v Speaker 1>telling you that this is a tax on our people.

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<v Speaker 1>I hate that, you know, they say it's a tax.

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<v Speaker 1>Now often much of it is paid. And hey, look

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<v Speaker 1>what happened during my first term. We had no inflation,

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<v Speaker 1>and yet I took in hundreds of billions of dollars

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<v Speaker 1>in tariffs and taxes from China. No other president got

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<v Speaker 1>ten cents in tariffs or taxes from China. I got

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<v Speaker 1>hundreds of billions of dollars, hundreds of billions of dollars,

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<v Speaker 1>and I still got along with it because they understood

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<v Speaker 1>what they were doing was wrong. They understood it. It's

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<v Speaker 1>when you explain it, they say. I've had numerous leaders

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<v Speaker 1>tell me you're right, sir. I was waiting for you

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<v Speaker 1>to bring this up because some of the trade deals

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<v Speaker 1>that were made by predecessors as president was so bad

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<v Speaker 1>you almost wonder who did these deals. They were either

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<v Speaker 1>crooked or stupid. There can be nothing else. They're either

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<v Speaker 1>stupid or crooked. It's terrible, but it's all being changed.

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<v Speaker 1>I change a lot of it in the first four years,

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<v Speaker 1>but it's all being changed. You know. In the first

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<v Speaker 1>four years, we have the most successful in history in

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<v Speaker 1>terms of economics. We had eighty eight percent increase in

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<v Speaker 1>the stock markets. We had an eighty eight percent increase.

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<v Speaker 1>Has never been any president that had an eighty eight

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<v Speaker 1>percent increase. We had eighty eight percent and do a

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<v Speaker 1>lot of happy people. And I think we're going to

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<v Speaker 1>do much better than that this time, because this time

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<v Speaker 1>I'm doing what I want to do with respect to

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<v Speaker 1>the tariffs. I think we're going to do much better.

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<v Speaker 1>And just remember the numbers. When you get up to

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<v Speaker 1>two billion a day, two billion a day. They're saying, sir,

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<v Speaker 1>tip you that tenant. I said, yeah, I can. It's

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<v Speaker 1>the biggest, the biggest transaction ever made. This is bigger

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<v Speaker 1>than any deal. You guys, some of you work for companies,

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<v Speaker 1>your companies of peanuts. I don't care how big they

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<v Speaker 1>are compared. It is the largest transaction in the history

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<v Speaker 1>of our country. And don't let some of these policies

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<v Speaker 1>to go around say you know, because I'm telling you,

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<v Speaker 1>these countries are calling us up, kissing my ass. They are.

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<v Speaker 1>They are dying to make it you please, please make

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<v Speaker 1>it to you. I'll do anything. I'll do anything, sir.

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<v Speaker 1>And then I'll see some rebel Republican, you know, some

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<v Speaker 1>guy that wants to grandstand say I think that Congress

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<v Speaker 1>should take over negotiations. Let me tell you, you don't negotiate

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<v Speaker 1>like I negotiate. Congress takes over negotiating sell America fast

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<v Speaker 1>because you're gonna go bust it. You don't. I just

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<v Speaker 1>saw it today. A couple of your congressmen s there,

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<v Speaker 1>I think we should get involved in the negotiation of

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<v Speaker 1>the tariffs. So that's what I need. I need some

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<v Speaker 1>some guy telling me how to negotiate. I tell you,

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<v Speaker 1>the happiest people in the world would be China. They

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<v Speaker 1>wouldn't be paying one hundred and four percent. I tell you,

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<v Speaker 1>they'd be paying no percent, would be paying them one

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<v Speaker 1>hundred and four percent. That's the beauties. These guys. We

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<v Speaker 1>gotta be careful, and even the concept of it hurts

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<v Speaker 1>your negotiation. When they see a little story like that

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<v Speaker 1>the other side, you know, it hurts your negotiation. And

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<v Speaker 1>then the fake news wants to build it up and

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<v Speaker 1>it has no chance anyway.