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<start_of_turn>Mark Rutte
-- Everybody was -- at the start of that, you invited him for talks, but you did.<end_of_turn>
<start_of_turn>Donald Trump
It started off very rough and he wouldn't meet with Obama, wouldn't take his calls. I said how many times did you call? They called a lot. He wouldn't take that call. He told me I wouldn't take his call. But with me, it did start off rough, if you remember. Very rough, actually. Very nasty.<end_of_turn>
<start_of_turn>Mark Rutte
There was a Singapore.<end_of_turn>
<start_of_turn>Donald Trump
Yeah, but then -- no, before that, then it stopped. The rhetoric was extremely tough. It was -- it was a little bit --<end_of_turn>
<start_of_turn>Mark Rutte
-- You had a speech in UN, I remember.<end_of_turn>
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<start_of_turn>Donald Trump
Yeah, that's right. It was a little bit dangerous. And then we met. They asked for a meeting and then we met and the meeting caused the Olympics, which was in South Korea, to become a tremendous success. Nobody was buying tickets for the Olympics because they didn't want to be nuked. And I met and not only did the Olympics become successful, but North Korea participated in the Olympics.<end_of_turn>
<start_of_turn>Mark Rutte
[Inaudible]<end_of_turn>
<start_of_turn>Donald Trump
It was an amazing thing. And that was something that was an achievement of the Trump administration. A great achievement. And so I have a great relationship with Kim Jong Un, and we'll see what happens. But certainly, he's a nuclear power. OK, thank you very much, everybody. Thank you. Thank you very much.<end_of_turn>
<start_of_turn>Aide
Thank you, press. Thank you, guys. Thank you.<end_of_turn>
<start_of_turn>Donald Trump
Thank you.<end_of_turn>
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<start_of_turn>Donald Trump
We'll talk about that. Hello, everybody. So before we begin, we're going to talk about how good some of these numbers are -- be way ahead of schedule, especially as respect to manufacturing and manufacturing jobs. It's taking hold, and we've only been here a few weeks. But it's really -- it's going to be something.<end_of_turn>
<start_of_turn>Donald Trump
I don't know if the rest of the world likes it, but people in the US like it, that I can tell you. Uh, if I might, could -- Will, could you talk about the student loan situation, please?<end_of_turn>
<start_of_turn>Will Scharf
Sure. So later this afternoon, we're going to have prepared for your signature an executive order dealing with the Public Service Loan Forgiveness program. This is a program that's designed to expedite the -- basically the conclusion of payments on student loans for people who have taken out federally backed student loans.<end_of_turn>
<start_of_turn>Will Scharf
The problem, though, is that a lot of these people work for -- for NGO organizations, for nonprofit organizations that engage in illegal or what we would consider to be improper activities supporting, for example, illegal immigration or foreign terrorist organizations or otherwise law-breaking activities.<end_of_turn>
<start_of_turn>Will Scharf
So this executive order will direct your Department of Education and Department of the Treasury to basically bring about modifications to the Public Service Loan Forgiveness program in order to ensure that people who are engaged in these sorts of activities can't benefit from a program that's really not intended to support those sorts of things.<end_of_turn>
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<start_of_turn>Donald Trump
And what are the consequences if they are not good?<end_of_turn>
<start_of_turn>Will Scharf
The consequences would be that wouldn't get forgiveness of their student loans as they would be eligible for if they were working for the government or a normal nonprofit that's not violating the law.<end_of_turn>
<start_of_turn>Donald Trump
All right. Any questions on that? Anybody have any questions? So we'll talk about the manufacturing turnaround and it's been very early, but it's pretty significant. The numbers were much better, as you know, than projected by the media. And a little surprising actually how strong, how fast, because many companies that are moving into our country.<end_of_turn>
<start_of_turn>Donald Trump
As you probably know, it's a statistic that everyone talks about, but nobody seems to have done much about. Since the beginning of NAFTA, there's been 90,000 plants and factories closed in this country. Think of that, 90,000 plants and factories have been closed in this country. Many of them have been car manufacturing plants, and that's a terrible statistic and we'll be turning that around.<end_of_turn>
<start_of_turn>Donald Trump
You're going to see it already. We already have numerous that are being built or starting to be built and numerous that were being built in other countries and they stopped and they're coming here now because of the tariffs, and that's a big deal. That's what you want to hear. During the last year, the Biden administration saw a loss of more than 110,000 manufacturing jobs or 9,000 manufacturing jobs every single month.<end_of_turn>
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<start_of_turn>Donald Trump
It averaged about 9,000 a month, 110,000 manufacturing jobs. During the first full month in office, we've not only stopped that manufacturing collapse, but we've begun to rapidly reverse it and get major gains. We created 10,000 manufacturing jobs in February alone. That hasn't happened in a long time. And these aren't government jobs, which actually we cut.<end_of_turn>
<start_of_turn>Donald Trump
These are private sector manufacturing jobs. So we gained all of those jobs, thousand jobs and we've barely started yet, that's a very unusual number, people were surprised by it. I'm even a little surprised. On auto jobs, we created almost 9,000 new jobs in the auto production field, and the reason for that is largely they think things are happening, so they're already geared up. In some cases, they had rooms in their plants, or they had empty plants that they were able to put into use quickly because they see -- because of the tariffs, they don't want to be dealing with other places, and they don't want to go back and forth and around and through the borders and across Mexico border and Canada border and all.<end_of_turn>
<start_of_turn>Donald Trump
They want to have the jobs in one location. And they've had space. And if they had space, they were able to create the jobs almost immediately. In some cases, they'll be building plants to take care of those jobs. So, we created 9,000 new jobs already in the auto production, auto parts manufacturing. So, we want the auto parts ideally, and I think from a simplicity standpoint too, to be built and made in the United States.<end_of_turn>
<start_of_turn>Donald Trump
It's in a single month, that all took place in a single month, 9,000 new auto jobs. You haven't heard that in a long time. After autoworkers lost more than 27,000 auto jobs in the final year of Biden -- these are also high paying jobs. These are very prime jobs. The ISM Manufacturing Survey and the S&P Manufacturing Survey have also confirmed that our administration is presiding over a brand-new domestic manufacturing boom after major collapse under Biden, it was a collapse.<end_of_turn>
<start_of_turn>Donald Trump
All he did was keep adding new government jobs which are not the jobs you want. We're trying to shrink government and grow the private sector. That's what we've been doing. Under the final two years of Biden, one in every four jobs created in America was a government job. That's a tremendous percentage. But under the first full month of President Trump, which we haven't even gotten started yet, an incredible 93 percent of all job gains were in the private sector.<end_of_turn>
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<start_of_turn>Donald Trump
So, that statistic just came out. Big gains for native born Americans. For the first time in 15 months, the job gains for native born Americans, for American people, people born in America exceeded job gains for migrant and foreign born workers. This is the first time that's happened in more than 15 months.<end_of_turn>
<start_of_turn>Donald Trump
Employment for native born workers went up by 284,000 while foreign born workers went down by 87,000. Now you've heard the same stat where foreign workers were taking up all the jobs or almost all the jobs, in some cases literally all of the jobs. And now it's 284,000 native born jobs here. People born in our country, 284,000, while foreign born workers went down by 87,000. First time that's happened in a long time.<end_of_turn>
<start_of_turn>Donald Trump
So, these are incredible numbers and they're there very early. I mean, we're here for five weeks, but we have been talking about it since the big win in November, November 5th. So, a lot of these people -- they listen to us speak and they say, well, I'm going to gear up. And they're gearing up. And so, they've been gearing up, they've had a little time.<end_of_turn>
<start_of_turn>Donald Trump
It's not just five weeks; it's five weeks plus a few months and they are -- they put it into effect pretty quickly. They have confidence that I'm -- what I'm saying is going to happen. So, with that, I'd like to ask a highly respected gentleman, Kevin Hassett, he's been with us for a long time, and he's been right about a lot.<end_of_turn>
<start_of_turn>Donald Trump
We had the greatest economy in history in the first term and Kevin was a big part of it. So, Kevin, could you maybe give it a little description, please?<end_of_turn>
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<start_of_turn>Kevin Hassett
Yeah, thank you very much, Mr. Trump. I think that the three things that you emphasized during the campaign is that you wanted to create domestic high paying manufacturing jobs, that you wanted to end wasteful government spending and reduce the unproductive government workers and, in fact, unleash them into the private economy where they could be more productive and to create jobs for Americans.<end_of_turn>
<start_of_turn>Kevin Hassett
A lot of people said that if you deported illegals that employment would go down because no one -- no Americans would take those jobs. And if you look 280,000 American born folks were hired, manufacturing jobs are going up. And this is just out of the expectation of your future policies really, sir. It's in April when your reciprocal Trade Act is expected to happen.<end_of_turn>
<start_of_turn>Kevin Hassett
The tax cuts haven't passed yet, and so people are clearly expecting the golden age. And if you want to forecast the future numbers, everybody, just keep in mind that President Trump has already gotten us $1.7 trillion in commitments of new factories and those haven't even happened yet, those aren't even in the numbers.<end_of_turn>
<start_of_turn>Kevin Hassett
And so, I expect that this is going to be a glimpse of a golden age to come, sir.<end_of_turn>
<start_of_turn>Donald Trump
Thank you very much. One other thing -- in Canada, we find that they're charging us over 200 percent for dairy products. You know about that. And when I left, we had that well taken care of, but under Biden they just kept raising it -- very difficult to deal with the Canadian Representatives, 250 percent for dairy products, tariff.<end_of_turn>
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<start_of_turn>Donald Trump
So, where do you hear that? You don't hear that. They have a tremendously high tariff, give you the exact numbers in a little while coming out, on lumber. So, they sell us lumber, they have a tremendous tariff. They make it impossible for us to sell lumber or dairy products into Canada, but our numbers are a tiny fraction of that, almost non-existent.<end_of_turn>
<start_of_turn>Donald Trump
And what we're doing is freeing up our forests from the environmental nonsense that they put on them where you can't cut down a tree, and we have to cut down trees in order to build the firewalls. And those trees are sold. But we're going to -- we're freeing it up on an emergency basis because Canada has been ripping us off for years on tariffs for lumber and for dairy products. 250 percent, nobody ever talks about that 250 percent tariff, which is taking advantage of our farmers.<end_of_turn>
<start_of_turn>Donald Trump
So, that's not going to happen anymore. We're going to be -- they'll be met with the exact same tariff unless they drop it. And that's what reciprocal means, and we may do it as early as today or we'll wait till Monday or Tuesday. But that's what we're going to do. We're going to charge the same thing. It's not fair, it never has been fair, and they've treated our farmers badly.<end_of_turn>
<start_of_turn>Donald Trump
Look, our country has been ripped off by everybody -- that stops now. I had it stopped in my first term and we're going to really stop it now because this is -- this has been very unfair. Our country, from an economic standpoint and financial standpoint and a trade standpoint has been absolutely ripped off by almost every country in the world, Canada, Mexico and then you just go right down the line.<end_of_turn>
<start_of_turn>Donald Trump
India charges us massive tariffs, massive. You can't even sell anything into India. It's almost restrictive -- it is restrictive. We do very little business inside. They've agreed -- by the way, they want to cut their tariffs way down now because somebody's finally exposing them for what they've done. And same thing with China, same thing with a lot of other countries.<end_of_turn>
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<start_of_turn>Donald Trump
And the EU has been a terrible abuser of this country. I mean, the EU was formulated in order to take advantage of the United States, and they have taken it, but they're not taking advantage when I'm in charge. So, sometimes you'll hear some negative things, it's always from outside countries. America will be very strong.<end_of_turn>
<start_of_turn>Donald Trump
And if I'm a foreign country, they're going to do fine, but they can't do like they used to do because we're going to bring back our business into this country. We need it from a job standpoint. We need it from even just a psychological standpoint. Think of it, 90,000 factories are gone since the beginning of NAFTA. So, we're not going to have that and we're going to see and build it back.<end_of_turn>
<start_of_turn>Donald Trump
Now we have -- we've already had five major automobile companies, first time you've heard this in a long time, since my first term actually, where we were really rocking and rolling. And then Biden came in and he stopped everything. Such a stupid thing to do, not even a believable thing. But we have many auto plants now coming in. We have big chip plants.<end_of_turn>
<start_of_turn>Donald Trump
We have the best -- the biggest chip company in the world, most powerful -- probably one of the most powerful companies in the world, wouldn't you say, Kevin? And he's coming in and they're building one of the largest chip plants in the world. That'll be done in Arizona, mostly in Arizona. And that'll give us a big percentage -- at one plant, will give us a big percentage of the chip market, something we have very little of. We used to have Intel and Intel was run by a man named Andy Grove.<end_of_turn>
<start_of_turn>Donald Trump
And Andy Grove was a tough, smart guy. I used to read about him when I was a young man, and he did an incredible job. He really dominated the chip business and then he died. And I guess they had a series of people that didn't know what the hell they were doing, and we gradually lost the chip business and now it's almost exclusively in Taiwan.<end_of_turn>
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<start_of_turn>Donald Trump
They stole it from us. They took it from us, and I don't blame them. I give them credit. I blame the people that were sitting in this seat because they allowed it to happen. We could have protected that so easily. But -- so, we had the chip business and now it's all in Taiwan, almost exclusively, a little bit in South Korea, but mostly in Taiwan.<end_of_turn>
<start_of_turn>Donald Trump
And it's very important. Everything you do, everything you touch is now about chips. The brake of a car, cars have chips all over the place. I was reading an article the other day where they talk about the brakes of a car are loaded up with chips.<end_of_turn>
<start_of_turn>Donald Trump
Who would think that a brake has a chip in it, but it's all about chips. So that was a big thing and they'll be investing hundreds of billions of dollars in this country and we'll be taking back a big, big portion of that industry. We have others coming in too, but a lot of car manufacturers are coming in and they're coming in fast.<end_of_turn>
<start_of_turn>Donald Trump
And one of the reasons you see these numbers, and again, Kevin said it and I said it a little bit, but the fact that they know I won the election. So after I was president elect, they assumed that I was going to do what I said because I do what I say. And so these numbers really reflect a lot of things that took place since November 5th, right?<end_of_turn>
<start_of_turn>Donald Trump
So Kevin, thank you very much. Great job. Any questions?<end_of_turn>
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<start_of_turn>Question
Mr. President, how concerned are you that the large-scale federal government layoffs will weaken the labor market? How concerned are you about that?<end_of_turn>
<start_of_turn>Donald Trump
The large-scale fentanyl what?<end_of_turn>
<start_of_turn>Question
The federal government layoffs will impact the labor market, will weaken the labor market.<end_of_turn>
<start_of_turn>Donald Trump
Oh. No, I think the labor market is going to be fantastic, but it's going to have high paying manufacturing jobs as opposed to government jobs. We had too many people in government. You can't just do that. We had many, many -- too many. This is for 40 years. This isn't just now. This built up and got worse and worse and they just hire more and more people.<end_of_turn>
<start_of_turn>Donald Trump
You look at Department of Education, it seems like so many buildings I ride by, it says, Department of Education. They're all over the place and we don't even want it. We want the education to be given by the states. It'll be much better. It'll move us to the top of the list from the bottom of the list and actually save us money, but it's too important to even talk about -- it'll save us a lot of money, but we don't want that.<end_of_turn>
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<start_of_turn>Donald Trump
We want education to be given. So you go to Iowa and Indiana and Idaho and all these places, they're so well run. They're going to be producing education that will be the equivalent of like, Denmark is one and Norway, Sweden. Actually, China is one of the better in terms of education. And so we can't blame size anymore.<end_of_turn>
<start_of_turn>Donald Trump
China has 1.4 billion people, but they're very high on their list. The one thing we're doing well on, we're number one on the list is cost per pupil. We spend more money than any other country in the world by far. So I jokingly say the one thing we do well on is the cost. We spend more money and yet we're toward the bottom of the list.<end_of_turn>
<start_of_turn>Donald Trump
Yeah?<end_of_turn>
<start_of_turn>Question
Mr. President, I want to ask you, the joint address, millions of Americans watched your joint address earlier this week. Were you warned that there could be a little disturbance that Americans could feel as a function of these tariffs? How much disturbance are you willing to accept in the near term as a function of that?<end_of_turn>
<start_of_turn>Question
And to set expectations, how long should Americans expect things to cost a bit more?<end_of_turn>
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<start_of_turn>Donald Trump
Well so far, Peter, there hasn't been very much because these numbers are coming out where we're here for just a little over four weeks and these are fantastic numbers. I was watching some of the reports this morning. They were surprised. There could be some disturbance, a little bit of disturbance. I solved a little bit of that because I have respect for our auto companies and I gave them a little bit of a one-month reprieve because it was unfair, although I'm sure they'll take advantage of it. I see they're driving a lot of cars into the US to try and avoid the tariffs and taking advantage of it a little bit.<end_of_turn>
<start_of_turn>Donald Trump
But they called me, they asked me, they said, could they have a little bit of help? And I decided, they're American companies, USMCA, and I let them have that. But this really kicks in the reciprocal, as you know, kicks in on, let's see, I guess the second. And I wanted it to be the first so badly, just didn't want to be on April Fool's Day, so I made it the second.<end_of_turn>
<start_of_turn>Donald Trump
That's going to cost a lot of money. That one day is going to cost a lot of money, but that's OK. But I don't see it. I don't see anything. I see good reports. I think we're going to have good numbers from the beginning. Now, globalists won't love this because this brings jobs back to America. So if they're coming back to America, maybe you'll lose some in other parts of the world, but the other parts of the world have done very well, and they'll continue to do very well.<end_of_turn>
<start_of_turn>Donald Trump
But I think the United States is going to be doing record business. We'll bring a lot of those 90,000 factories that have been lost over the last number of years. It's hard to believe, 90,000. Think of what 90,000 is, 90,000 plants and factories are gone. We're going to bring back many of those plants and factories.<end_of_turn>
<start_of_turn>Question
One day the tariffs are on, the next day they're off right now. The markets, as you know well, prefer stability. Are you done going forward with the pauses and the carve outs? Is that it for those?<end_of_turn>
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<start_of_turn>Donald Trump
There will always be changes and adjustments and you can't just -- I could have, for instance, told the American car companies. No, I'm not going to give you anything. And then you wouldn't have had to say, well, they're getting a little extra. It's just a little bit of a one-month reprieve. They're very happy about what's happening.<end_of_turn>
<start_of_turn>Donald Trump
They won't have to go across borders and you see the zig zag and you have a fender made in Canada, you have something else made in Mexico. We don't want that. We want it made here. But there'll always be some modifications. I mean, if you have a wall in front of you, sometimes you have to go around the wall instead of through it. But I think very little, I think very little.<end_of_turn>
<start_of_turn>Donald Trump
On occasion, if we can do something, we want to help companies. We want to help companies create jobs. So I could have left that and you wouldn't have had a minor change. Instead, I was asked by the real majors, the big majors, if they could do this and I said, yeah, I'll do it. I want you to produce a lot of jobs.<end_of_turn>
<start_of_turn>Donald Trump
And numerous of the people, actually all of the people I spoke to have already been -- they're very much on the way to already doing it. That's why you have auto jobs increase and the man, I don't know him, Sean Fain, I don't know him. And I did great, as you know, with the autoworkers, with the Teamsters, with unions.<end_of_turn>
<start_of_turn>Donald Trump
I did fantastically well, best numbers ever by a Republican, and I have a lot of respect for those people. But Shawn Fain, who I don't know but wasn't a supporter, although the autoworkers were big supporters, I watched him last night and he said, Donald Trump is absolutely right on tariffs. He said, what he's doing on tariffs is an incredible thing and it's about time somebody had the guts to do it because we're going to save auto manufacturing.<end_of_turn>
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<start_of_turn>Donald Trump
And I said to people when I was campaigning, you're going to have so many auto jobs, you're not going to believe what's going to happen. We're going to load up Michigan. I won the state of Michigan, as you know. And part of the reason I won it was I got a lot of auto workers that voted for me, Detroit, etc.<end_of_turn>
<start_of_turn>Donald Trump
But I think people are going to be very surprised. Yes?<end_of_turn>
<start_of_turn>Question
Thank you, Mr. President. You mentioned in your remarks chips manufacturing, how a significant percentage is now in Taiwan. You also mentioned it in your address to congress and you called on congress to overturn the CHIPS Act, which had bipartisan support in the last congress. Why would you like to see this particular law overturn, Mr. President?<end_of_turn>
<start_of_turn>Donald Trump
Because it's hundreds of billions of dollars and it's just a waste of money. Now, some people have already taken the money and used it. Actually, it's very hard to qualify because they go by race, they go by gender, they go by all sorts of things. Nobody's ever seen anything like it. You won't be able to find those people.<end_of_turn>
<start_of_turn>Donald Trump
So I don't even think anybody can qualify. They have so many different categories in order to qualify. You have to have so many of a certain race, a certain gender, a certain this, a certain and I don't think they can qualify. But if they take the money, they better qualify because they'll be watching them.<end_of_turn>
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<start_of_turn>Donald Trump
But it's a tremendous waste of money. I didn't give the greatest chip company in the world, one of the greatest companies, I didn't give them $0.10. They came here because of tariffs, because they didn't want to pay the tariffs. And they also came here because they like the results of the election, because they know that I'm very pro-business and pro-jobs.<end_of_turn>
<start_of_turn>Donald Trump
I mean, I'm pro-business not for business sake, I'm pro-business because of jobs because business is producing the jobs. OK.<end_of_turn>
<start_of_turn>Question
On Russia, if I may. President Putin is bombing Ukraine. Do you still believe him when he tells you that he wants peace?<end_of_turn>
<start_of_turn>Donald Trump
I believe him. I believe him. I think we're doing very well with Russia. But right now, they're bombing the hell out of Ukraine. And Ukraine, I'm finding it more difficult frankly, to deal with Ukraine and they don't have the cards. They don't have the cards. As you know, we're meeting in Saudi Arabia sometime next week, early.<end_of_turn>
<start_of_turn>Donald Trump
And we're talking. I find that in terms of getting a final settlement, it may be easier dealing with Russia, which is surprising because they have all the cards. I mean, and they're bombing the hell out of them right now. And I put a statement in, a very strong statement, you can't do that. You can't do that.<end_of_turn>
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<start_of_turn>Donald Trump
We're trying to help them and Ukraine has to get on the ball and get a job done. Michael, could you come up here? I see Michael back there. Good. I'm glad. He's traveling all over the world. I just saw him come in the door. Could you uh give it a little definition of what's going on, please?<end_of_turn>
<start_of_turn>Michael Waltz
Sure. Well, the president has been crystal clear and he's been clear to all sides, the fighting has to stop. Both sides need to get to the table. We had a good engagement. Both leaders have said only President Trump could do so and only he has been able to do so. We had an initial engagement with the Russians.<end_of_turn>
<start_of_turn>Michael Waltz
The Ukrainians had a great opportunity to bind our economies together through that mineral deal. Unfortunately, that didn't go so well, but we think we're going to get things back on track. Secretary Rubio, myself and Ukrainian delegation will be meeting in Saudi Arabia next week to get these talks back on track, get a ceasefire in place and drive peace home, under President Trump's leadership.<end_of_turn>
<start_of_turn>Question
Mr. President, you put out a --<end_of_turn>
<start_of_turn>Donald Trump
I think both parties want to settle. I think if I wasn't president this war would have had no chance of settlement, zero chance, but I think we're going to get it settled and stopped. We've got to stop. They're losing on average 2,000 soldiers a week; that's a lot of soldiers. Do you agree, Peter?<end_of_turn>
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<start_of_turn>Question
It's a lot of soldiers on both sides, I agree. Do you, Mr. President, think that Vladimir Putin is taking advantage of the US pause right now on intelligence and military aid to Ukraine?<end_of_turn>
<start_of_turn>Donald Trump
No, I actually think he's doing what anybody else would do. I think he wants to get it stopped and settled. And I think he's hitting him harder than he's been hitting them. And I think probably anybody in that position would be doing that right now. He wants to get it ended. And I think Ukraine wants to get it ended but I don't see -- it's crazy.<end_of_turn>
<start_of_turn>Donald Trump
They're taking tremendous punishment. I don't quite get it, but I suspect, Michael, he probably wants to get it ended.<end_of_turn>
<start_of_turn>Michael Waltz
He does, Mr. President. The Russians are taking incredible losses on the front.<end_of_turn>
<start_of_turn>Donald Trump
They both are.<end_of_turn>
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<start_of_turn>Michael Waltz
As the president has said, this is a meat grinder of people, of material, of national treasure. And no one else has any solutions except to let this war continue forever. But I'll add, the president has had multiple conversations and a visit from President Macron of France, Prime Minister Starmer of the United Kingdom.<end_of_turn>
<start_of_turn>Michael Waltz
We have the NATO secretary general coming next week. We have this meeting with the Ukrainians, we've had it with the Russians, all of this in the President's first month in his leadership. We will engage in the shuttle diplomacy, and we will continue to use his leadership and what leverage we have to get both sides to the peace table.<end_of_turn>
<start_of_turn>Michael Waltz
It's not going to be easy, but President Trump --<end_of_turn>
<start_of_turn>Note
[Crosstalk]<end_of_turn>
<start_of_turn>Donald Trump
This war should have never happened. It would have never happened if I were president, but it did happen. So, a lot of other things shouldn't have happened too. We shouldn't have 21 million people pouring into our country through open borders, many of whom are criminals -- very bad criminals, including murderers, thousands of murderers.<end_of_turn>
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<start_of_turn>Donald Trump
Many killed, far more than one person and they're roaming our streets. But Tom Homan and Kristi Noem are doing an incredible job and we're getting them out of here and we'll get them out, we'll get them all out. But all these things shouldn't have happened. We shouldn't have inflation; we shouldn't have had this horrible inflation where the prices have gone up. Look at eggs.<end_of_turn>
<start_of_turn>Donald Trump
So, we're doing -- we're doing a good job. We're doing a good job.<end_of_turn>
<start_of_turn>Question
Mr. President, in regards to the pause on military assistance to Ukraine. You put out on your social media post today that Russia is pounding Ukraine.<end_of_turn>
<start_of_turn>Donald Trump
That's right.<end_of_turn>
<start_of_turn>Question
Why not provide Ukraine with air defenses? And what happens, Mr. President, when Ukraine runs out of Patriot missile batteries?<end_of_turn>
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<start_of_turn>Donald Trump
Good question. Because I have to know that they want to settle. I don't know that they want to settle. If they don't want to settle, we're out of there because we want them to settle. And I'm doing it to stop death, more important than anything else. Secondarily, way down the line is the money, so we're in for $350 billion and Europe is in for $100 billion.<end_of_turn>
<start_of_turn>Donald Trump
They should be in for the same or more than us. And you know, I watched over the last week or so what's going on in Europe. This thing could end up in World War III if we don't get it settled. This could really end up in a World War III. We've got to get it settled.<end_of_turn>
<start_of_turn>Question
Sir, on Iran, how confident are you that the Iranians will negotiate with you? And is Israel on board with this outrage? Yeah, I saw the hostages the other day. They came in, people that were not young, some young and some older, much older, and they gave -- it was hard for them to do it actually. They gave statements as to what happened.<end_of_turn>
<start_of_turn>Question
I was asking what happened, how was it? I said, did you see anybody in there that was kind like out of the hundreds of people that you were seeing, Hamas, did some of them wink at you and say don't worry you're going to be OK, or give you a piece of bread or -- no. I said were there any people that were like kind?<end_of_turn>
<start_of_turn>Question
I was shocked, the answer was nobody. There was nobody, just the opposite. They'd be slapped and punched. One man broke his ribs; he couldn't breathe for a month. It was brutal. I was so surprised. Did you think there'd be a couple of people that would be kind -- that would say you're going to be OK. But they had none of that.<end_of_turn>
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<start_of_turn>Question
It's pretty amazing. Brian. He's a kind person. Well, according to --<end_of_turn>
<start_of_turn>Note
[Crosstalk]<end_of_turn>
<start_of_turn>Donald Trump
Although not to -- not to Zelenskyy, he wasn't, but to Trump, he's been good. Go ahead, Brian.<end_of_turn>
<start_of_turn>Question
Nice tie by the way.<end_of_turn>
<start_of_turn>Donald Trump
Thank you. Thank you. I like yours too.<end_of_turn>
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<start_of_turn>Question
Two questions, one on peace. Why don't you think any other European countries are offering a peace deal? It seems like no one's come to the table for peace except for you.<end_of_turn>
<start_of_turn>Donald Trump
Yeah, it's a very good question. Sometimes questions aren't answerable. They're in a very unusual position. They don't know how to end the war. I think I do know how to end the war. Despite the Russia, Russia, Russia, hoax, I've always had a good relationship with Putin. And he wants to end the war. He wants to end it, and I think he's going to be more generous than he has to be and that's pretty good.<end_of_turn>
<start_of_turn>Donald Trump
That means a lot of good things because, frankly, you could have made a great deal if you -- if this war never started, you could have made a great deal. I don't know that anything would have had to be given up. This was not a war that was going to start, Brian. And it didn't start for four years. Somebody said, well, how do we know that?<end_of_turn>
<start_of_turn>Donald Trump
Well, for four years, it didn't start. I used to speak to Vladimir about it. I used to speak to him about it at length. It was the apple of his eye. But there was no way he was going in. And he knew there were going to be consequences. But it did start -- I mean think of think of what happened, inflation, you have the war with Ukraine and Russia that wouldn't have happened, October 7th, would have never happened.<end_of_turn>
<start_of_turn>Donald Trump
Israel, they had no money; Iran had no money. Iran was stone cold broke and now they have a lot of money, but -- and that's going to be the next thing you'll be talking about is Iran. What's going to happen with Iran. And there'll be some interesting days ahead, that's all I can tell you. We're down to final strokes with Iran.<end_of_turn>
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<start_of_turn>Donald Trump
That's going to be an interesting time, and we'll see what happens. But we're down to the final moments. We're at final moments, you can't let them have a nuclear weapon. I think that I would have had a deal within one month after the rigged election of 2020. They were all set to make a deal. And then when I lost, they saw this person, who's a stupid person, very stupid person.<end_of_turn>
<start_of_turn>Donald Trump
And they said, let's not make a deal. And they were right, he took the sanctions off, they became rich under Biden. They went from having no money to having $300 billion all in a short period -- it's oil. Oil builds up fast. It's a nice living if you have a nice oil well. And they do, they have a lot of nice oil wells, right.<end_of_turn>
<start_of_turn>Donald Trump
So, anyway, it's going to be a big thing. It's an interesting time in the history of the world, but we have a situation with Iran that something's going to happen very soon. Very, very soon. You'll be talking about that pretty soon, I guess. And hopefully we can have a peace deal. I'm not speaking out of strength or weakness.<end_of_turn>
<start_of_turn>Donald Trump
I'm just saying I'd rather see a peace deal than the other. But the other will solve the problem.<end_of_turn>
<start_of_turn>Question
Mr. President, your allies are calling on you to pardon Derek Chauvin. Are you considering pardoning Derek Chauvin?<end_of_turn>
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<start_of_turn>Donald Trump
No, I haven't even heard about it. No.<end_of_turn>
<start_of_turn>Question
Mr. President, on piece -- .<end_of_turn>
<start_of_turn>Donald Trump
I haven't heard that.<end_of_turn>
<start_of_turn>Question
In the first term, you may recall, I broke the news that you were nominated for the Nobel Peace Prize, and the reason for that was the work that you led on the Abraham Accords. I spoke yesterday with the member of Parliament, the Norwegian Parliament, that nominated you, and he said what the Nobel Committee is looking for from you, Mr. President, is security guarantees for Ukraine.<end_of_turn>
<start_of_turn>Question
Is that a possibility, Mr. President?<end_of_turn>
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<start_of_turn>Donald Trump
So, before I even think about that, I want to settle the war, get it finished. Because if I'm not here, nobody's going to settle it. And President Macron has said that. And every president -- everybody has said that; the prime ministers and presidents were pushing very hard. That's all I'm thinking about now.<end_of_turn>
<start_of_turn>Donald Trump
As far as the question about security later, that's the easy part. The hard part is getting it settled. We've got to get them -- we're losing 2,000 human beings every week, more than that actually, 2,000 nice young -- although they're getting older because they're drafting much older now. In the case of one country, much older because a lot of the young people have been killed.<end_of_turn>
<start_of_turn>Donald Trump
It's very sad and I'd like to see if I could stop that. And I'd like to also see if we could stop making these massive payments from the United States. I mean, Biden gave away money like it was water with no anything -- got nothing for it. Europe did it in the form of a loan. They get their money back, we don't. So, that's how we came up with the rare earth deal.<end_of_turn>
<start_of_turn>Donald Trump
But we started behind the eight ball. He could have gone to Europe, he could have said come on, you've got to put up money with us, you've got to put up money with us, but he never did that. They just kept handing money out because he was grossly incompetent. All right, thank you very much everybody. Thank you.<end_of_turn>
<start_of_turn>Donald Trump
Thank you very much. Thank you. Thank you. Thanks, guys.<end_of_turn>
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<start_of_turn>Donald Trump
Thank you very much. Thank you, everybody. It's a big day. It should be fun. I don't know. You'll maybe find reasons why it's not, but I can't imagine because we have a lot of great things happening. It's been a very strong week and a very strong weekend. Before we begin, let me say a few words about the historic events that took place over the last few days.<end_of_turn>
<start_of_turn>Donald Trump
On Saturday, my administration helped broker a full and immediate cease fire, I think a permanent one between India and Pakistan, ending a dangerous conflict of two nations with lots of nuclear weapons. And they were going at it hot and heavy. And it was seemingly not going to stop. And I'm very proud to let you know that the leadership of India and Pakistan was unwavering, powerful, but unwavering in both cases.<end_of_turn>
<start_of_turn>Donald Trump
And having these, they really were from the standpoint of having the strength and the wisdom and fortitude to fully know and to understand the gravity of the situation. And we helped a lot. And we helped also with trade. I said come on, we're going to do a lot of trade with you guys. Let's stop it. Let's stop it. If you stop it, we're doing trade.<end_of_turn>
<start_of_turn>Donald Trump
If you don't stop it, we're not going to do any trade. People have never really used trade the way I used it. That I can tell you. And all of a sudden they said, I think we're going to stop. And they have. And they did it for a lot of reasons. But trade is a big one. We're going to do a lot of trade with Pakistan.<end_of_turn>
<start_of_turn>Donald Trump
We're going to do a lot of trade with India. We're negotiating with India right now. We're going to be negotiating with Pakistan. And we stopped a nuclear conflict. I think it would have -- it could have been a bad nuclear war. Millions of people could have been killed, so I'm very proud of that. I also want to thank Vice President Vance and Secretary of State Rubio for their work and efforts.<end_of_turn>
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<start_of_turn>Donald Trump
They worked very hard on that. We also, as you know, created a situation where the Houthis, for the first time ever, have ceased firing. And they've let it be known that they're not going to be firing at American ships anymore, not going to be firing at Americans anymore. This was a heavy barrage that lasted for approximately 50 days.<end_of_turn>
<start_of_turn>Donald Trump
And as you know, they've been in war essentially for forever. But over the last 10 years, they've been very difficult for other countries. Nobody was able to do what we did. But they stopped. And we take their word for it. They -- their surrogates and them directly said we don't want to do this anymore. And so we were satisfied with that.<end_of_turn>
<start_of_turn>Donald Trump
In addition, yesterday, we achieved a total reset with China. After productive talks in Geneva, both sides now agree to reduce the tariffs imposed after April 2nd to 10 percent for 90 days as negotiators continue in the larger structural issues. And I want to tell you that -- a couple of things, first of all, that doesn't include the tariffs that are already on that are our tariffs.<end_of_turn>
<start_of_turn>Donald Trump
And it doesn't include tariffs on cars, steel, aluminum, things such as that. Or tariffs that may be imposed on pharmaceuticals because we want to bring the pharmaceutical businesses back to the United States. And they're already starting to come back now based on tariffs because they don't want to pay 25, 50 or 100 percent tariffs, so they're moving them back to the United States.<end_of_turn>
<start_of_turn>Donald Trump
I spoke to Tim Cook this morning and he's going to, I think, even up his uh, his numbers, $500 billion. He's going to be building a lot of plants in the United States for Apple. And we look forward to that. I really do look forward to that. But the talks in Geneva were very friendly. The relationship is very good.<end_of_turn>
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<start_of_turn>Donald Trump
We're not looking to hurt China. China was being hurt very badly. They were closing up factories. They were having a lot of unrest. And they were very happy to be able to do something with us. And the relationship is very, very good. I'll speak to President Xi maybe at the end of the week. We have some other things we're doing.<end_of_turn>
<start_of_turn>Donald Trump
But one of the biggest things that we're doing, and I don't know if people realize this, but uh, we made a great deal with China, a great trade deal. But it was a much bigger deal originally and then they canceled It right in the last day. Some of you faces, I remember were -- were there when that happened.<end_of_turn>
<start_of_turn>Donald Trump
I remember you. And we had a deal where they opened up their country to trade with the United States. And they took that away at the last moment. And then I canceled the whole thing. And then six months later, we ended up doing a smaller deal. But it was a big deal, it was $ 50 billion worth of product that they were going to purchase from our farmers, etc.<end_of_turn>
<start_of_turn>Donald Trump
And we agreed to that. People thought it was 15 because they were doing 15. We made it 50 because I misunderstood the 15. I thought they said, I said you got to get 50. Because when I asked, if you remember the story when I asked, what are we doing with them? My secretary of Agriculture at the time, Sonny Perdue said, sir, it's about $15 billion and we're asking for 15. And I thought he said 50. So I said, so they came back with a deal at 15. And I said no way I want 50 because you said 50. They said sir, we didn't say that.<end_of_turn>
<start_of_turn>Donald Trump
Anyway, bottom line, I said go back and ask for 50. And they gave us 50. And they were honoring the deal. And we would call them up a lot for the corn and for the wheat and for everything. The -- they were honoring the deal. And then when Biden got in, they no longer honored the deal. There was nobody to call.<end_of_turn>
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<start_of_turn>Donald Trump
I would call on an average of once every two weeks to say come on, you have to speed it up a little bit. And our farmers were doing great. I said to him buy more land and bigger tractors. If you remember. That's what happened. But the deal was a very good deal. But the best part of the deal was that we opened up China.<end_of_turn>
<start_of_turn>Donald Trump
China agreed to open itself up to American business to go in. And it would have been a great thing, I think, for China. They would be able to see things that they haven't seen. They would be able to buy products that they had never been able to buy. It would have been great for American business. I think it would have brought unity between China, a better unity between China and the United States.<end_of_turn>
<start_of_turn>Donald Trump
And the bottom line is that they canceled it the last day. We were all set to sign it. And I went a little bit angry. I got a little angry. I said they canceled the deal. The deal was done. It was all ready to be signed. And people went over, they came back to me, sir, they [Inaudible] I want to sign the opening up China.<end_of_turn>
<start_of_turn>Donald Trump
Well, the biggest thing that we're discussing is the opening up China. And they've agreed to do that, but it's going to take a while to paper it. You know, that's not the easiest thing to paper, but that's the single, I think to me, some people would disagree, some people would say we're getting a lot of money with tariffs or whatever.<end_of_turn>
<start_of_turn>Donald Trump
But you know, especially when you add what we already have. Because remember, we're already getting the 50 percent on steel and different things. That's not included in these numbers. So you can add that. But -- but the biggest thing to me is the opening up. It would be -- I think it would be fantastic for our businesses if we could go in and compete and compete with China.<end_of_turn>
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<start_of_turn>Donald Trump
It would be a lot of jobs for China. It would be, I think, at a time when they can frankly use the jobs. And that's what we're talking about. So that's a very, very important element to add. So when Scott, I watched him speak the other day, and I think he didn't want to say it, but I said it's okay to say it. Look, if we don't get it, we don't get it. But if we don't get it, it won't be a positive thing.<end_of_turn>
<start_of_turn>Donald Trump
But if we do get it, I think it's maybe the most important thing to happen. Because if you think about it, we opened up our country to China. They come -- we don't -- I mean, they have very few restrictions. And they didn't open their country to us. It never sense to me, it's not fair. And they've agreed to open China, fully open China.<end_of_turn>
<start_of_turn>Donald Trump
And I think it's going to be fantastic for China. I think it's going to be fantastic for us. And I think it's going to be great for unification and peace. China will also suspend and remove all of its nonmonetary barriers. They've agreed to do that. Well, they're very numerous. But again,, to me the biggest thing that came out of that meeting is they've agreed, now we have to get it papered, but they've agreed to open up China.<end_of_turn>
<start_of_turn>Donald Trump
It's going to be great for everybody. And third, I'm very happy to announce that Edan Alexander, an American citizen who until recently most thought was no longer living, thought was dead, is going to be released in about two hours actually. And he's going to be released before the eyes of Steve Witkoff, who has done a fantastic job.<end_of_turn>
<start_of_turn>Donald Trump
I just, you know, I know a lot of people that have a lot of talent. I know Steve had a lot of talent. But I know a lot of people with a lot of talent, and but I had -- there's one that I thought had a special way about him, special personality, aside from being a good dealmaker, had a special way about him and it was Steve.<end_of_turn>
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<start_of_turn>Donald Trump
He knew very little about the subject matter. Who does? But he learned it in about two hours. And he's been fantastic. So I want to just thank Steve. But they're going to be releasing Edan in about two hours from now, or sometime today, let's say. And again, they thought he was dead just a short while ago.<end_of_turn>
<start_of_turn>Donald Trump
His parents are so happy. They're so happy. So it's uh, as you know, it ends. The only American citizen captured and held hostage by Hamas since October 7th, 2023. And he's coming home to his parents, which is really great news. I mean, to me, it's big news. They thought he was dead. So that's that. So we'll be heading there.<end_of_turn>
<start_of_turn>Donald Trump
And we'll be uh seeing three primary countries. You know all about that. Saudi Arabia, UAE, Qatar. On Thursday's meeting with uh, Russia and Ukraine is very important. I was -- I was very insisted that that meeting take place. I think good things can come out of that meeting. Stop the bloodshed of the horrible -- it's a bloodbath, but that 5000 more, it's really much more.<end_of_turn>
<start_of_turn>Donald Trump
I'm trying to be conservative, more than 5,000 soldiers, Russian. They're not American soldiers, they're from Russia, they're from Ukraine, but they're people. They're human souls. And they're being killed at levels that we haven't seen since the Second World War. And it's every week, a lot of drone fighting.<end_of_turn>
<start_of_turn>Donald Trump
It's a whole new form of warfare. And it's violent and vicious. And so that's it. Uh, I'd like to go back to China just for a second. Uh, they're very heavy on the fentanyl. Uh, we're charging them, as you know, 20 percent for the fact that they send fentanyl into our country. And they've agreed that they're going to stop that.<end_of_turn>
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<start_of_turn>Donald Trump
And you know, they'll -- they'll be rewarded by not having to pay, uh, you know, hundreds of billions of dollars in tariffs. So the fentanyl should stop. It comes from China. It's amazing. And it comes through our southern border, comes through our northern border too. Comes through Canada and comes through our southern border, more through -- much more through the southern border.<end_of_turn>
<start_of_turn>Donald Trump
But -- so that's a very important subject to me. Because everybody in this room has lost friends or people that have family members that have died of fentanyl. So there's a big incentive for China to stop. And I take them at their word, they're going to work on that, I think, very hard. And one thing, when they work on something they get it done.<end_of_turn>
<start_of_turn>Donald Trump
So now I'm about to depart on a historic visit, some of you are going with us to, as I said, Saudi Arabia, Qatar and United Arab Emirates. Before I do, I'll sign one of the most consequential executive orders in our country's history. I don't think there's ever been anything signed like this, certainly not with respect to healthcare.<end_of_turn>
<start_of_turn>Donald Trump
Nothing even close. I'm delighted to be joined on this occasion by Secretary of Health and Human Services, Robert F. Kennedy, Jr., who was doing a really good job. I have to tell you that. And CMS administrator a friend of mine, Dr. Mehmet Oz, who is a -- an amazing guy. You know, uh, I was telling Bobby before Oz had a very successful show, but it hurt his reputation.<end_of_turn>
<start_of_turn>Donald Trump
Because when you're in show business, it hurts your reputation a little bit. It's good for you -- it's good for you. But in terms of professionalism and being a doctor, it sort of hurts your reputation. This guy went to the best schools, was the best. I mean, top, top, top of the line. Then he did a television show, became a success, made a lot of money, all that stuff, but it sort of hurt him.<end_of_turn>
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<start_of_turn>Donald Trump
And you know, I compare that to -- I hate to say this, but a special woman Jeanine Pirro. She was the toughest, smartest DA maybe in our country's -- in our -- in our cities and states history, New York. She was really tough, really sharp. Then she did a show. And people didn't think of it quite the same way.<end_of_turn>
<start_of_turn>Donald Trump
She became more of an entertainment person like us. Oz is not an entertainment. He's not really an entertainer, if you know the real story. And she isn't either. She is unbelievable. She was one of the strongest district attorneys in the history of New York. Highly respected, very tough. Went after the drug dealers at a level that you don't see today anymore.<end_of_turn>
<start_of_turn>Donald Trump
And hopefully, she's going to be -- she's given up a tremendous -- she's leaving the number one show on cable television, one of the number one shows on television period. The Five, but they've got great people left behind, but she was a big part of it. And so I equate it to that. Jeanine Pirro is unbelievable.<end_of_turn>
<start_of_turn>Donald Trump
FDA Commissioner Dr. Marty Makary with a reputation that second to none. And the job he's doing already has been fantastic. Thank you, Marty. And director of National Institute of Health, Jay Bhattacharya, who has been, uh, as you know, from Stanford, so highly regarded. And they've all been working with us very hard on this.<end_of_turn>
<start_of_turn>Donald Trump
And the question they would ask, being a little bit new to the government aspect of it is why hasn't -- why doesn't somebody fight the drug price situation, meaning equalization? There's a term. It's called equalization. Nobody wants to mention that term. And I'm not knocking the drug companies. I'm really more knocking the countries than the drug companies because they're forced to -- to do things.<end_of_turn>
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<start_of_turn>Donald Trump
But the -- the drug lobby is the strongest lobby in -- in this country, they say, the drug lobby. It's between that and lawyers. And uh, they have a lot of power. But starting today, the United States will no longer subsidize the healthcare of foreign countries. Which is what we were doing. We're subsidizing others healthcare.<end_of_turn>
<start_of_turn>Donald Trump
Countries where they paid a small fraction of what -- for the same drug that what we pay many, many times more for. And will no longer tolerate profiteering and price gouging from Big Pharma. But again, it was really the countries that forced Big Pharma to do things that frankly I'm not sure they really felt comfortable doing.<end_of_turn>
<start_of_turn>Donald Trump
But they've gotten away with it, these countries. The European Union has been brutal, brutal. And the drug companies actually told me stories. It was just brutal how they forced them. And European Union suing all our companies, Apple, Google, Meta. They're suing all of our companies. They end up, they have judges that are European Union centric.<end_of_turn>
<start_of_turn>Donald Trump
And they get rewarded $15 billion, $17 billion, $20 billion. And they use that to run their operation. It's not going to happen any longer, that I can tell you. So what's been happening is we've been subsidizing other countries throughout the world, not just in Europe, throughout the world.<end_of_turn>
<start_of_turn>Donald Trump
The European Union was the most difficult from what I understand. I mean, I'll tell you a story. A friend of mine who's a businessman, very, very, very top guy. Most of you would have heard of him. A highly neurotic brilliant businessman, seriously overweight and he takes the fat -- the fat shot drug. And he called me up and he said, uh, President.<end_of_turn>
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<start_of_turn>Donald Trump
He calls me -- he used to call me Donald. Now he calls me president, so that's nice respect. But he's a rough guy, smart guy. Very successful, very rich. I wouldn't even know how we would know this, but because he's got comments. He said, President, could I ask you a question? What? I'm in London and I just paid for this damn fat drug I take.<end_of_turn>
<start_of_turn>Donald Trump
I said it's not working. [Laughter] He said -- he said I just paid $88. And in New York I paid $1,300. What the hell is going on? He said, so I checked and it's the same box made in the same plant by the same company. It's the identical pill that I buy in New York. And here, I'm paying $88 in London and in New York, I'm paying $1,300. Now, this is a great businessman, so. But he's not familiar with this crazy situation that we have.<end_of_turn>
<start_of_turn>Donald Trump
But he was stunned. But it was just one of those stories. And I brought it up with the drug companies, represented by somebody who's very, very smart. A good person, too. And we argued about it for about a half hour. And then finally, he just said -- because they can't justify it, he just said, look, you got me. You got me. I can no longer just -- they've been, you know, they've been justifying this crap for years.<end_of_turn>
<start_of_turn>Donald Trump
They said, oh, it's research and development. I said, well, research and development, other countries should pay research and development too. It's for their benefit. It was just one of those things. And the other countries would set a price. And they'd meet the price. And they'd say, uh, if you don't meet the price, you can't sell it in our country.<end_of_turn>
<start_of_turn>Donald Trump
I said, well, then you walk away. And you know, they'll call you back and they'll sell it in the country. But now they'll have to do that. So for the first time in many years, we'll slash the cost of prescription drugs. And we will bring fairness to America. Drug prices will come down by much more really.<end_of_turn>
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<start_of_turn>Donald Trump
If you think -- 59 -- if you -- if you think of a drug that is sometimes 10 times more expensive, it's much more than the 59 percent. You know, it depends on the way you want to analyze it. But in one way you could analyze it that way. But between 59 and 80 and I guess even 90 percent. So when I worked so hard in the first term.<end_of_turn>
<start_of_turn>Donald Trump
And if I got prices down, I -- remember, I was the only one to ever get prices down for a full year. But I'd get them down like to percent. And I thought it was like a big deal. Well, we're getting them down 60, 70, 80, 90 percent. But actually, more than that, if you think about it in the way mathematically.<end_of_turn>
<start_of_turn>Donald Trump
And Pharma has to say we're sorry, but we'll not be able to do this any longer to these -- to these countries that have been so tough. They've been very tough, nasty. It's trade. It's trade. And Pharma is also very powerful. And the Democrats have protected Pharma. The Democrats -- this is -- Democrats have protected Pharma.<end_of_turn>
<start_of_turn>Donald Trump
These are the Democrats. And by the way, I just called the speaker of the House, and I just called the leader, our leader in the Senate John Thune, Mike Johnson. Spoke to both of them. I said when you score, you're going to have to score two things. You're going to have to, number one score that hundreds of billions of dollars of tariff money is coming in. But even bigger than that, you're going to have to score that your -- your costs for Medicaid and Medicare and just basically pharmaceuticals and drugs is going down at a level that nobody has ever seen before.<end_of_turn>
<start_of_turn>Donald Trump
It will pay for the Golden Dome. I see the Golden Dome is there, see? That will easily pay for the Golden Dome, and we'll have a lot of money left over. We need the Golden Dome, by the way, in this world. Although, this world's a lot safer today than it was a week ago. And a lot safer than it was six months ago.<end_of_turn>
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<start_of_turn>Donald Trump
We had people that had no clue what they were doing. So today, Americans spend 70 percent more for prescription drugs than we spent in the year 2000. Think of that. Our country has the highest drug prices anywhere in the world by sometimes a factor of five, six, seven, eight times. It's not like they're slightly higher, they are six, seven, eight times.<end_of_turn>
<start_of_turn>Donald Trump
There are even cases of 10 times higher. So that you go 10 times more expensive for the same drug. That's big numbers. Even though the United States is home to only for percent of the world's population, pharmaceutical companies make more than two thirds of their profits in America. So think of that. With for percent of the population, the pharmaceutical companies make most of their money, most of their profits from America.<end_of_turn>
<start_of_turn>Donald Trump
That's not a good thing. Now I think, by the way, pharmaceutical, I have great respect for these companies and for the people that run them, I really do. And I think they did one of the greatest jobs in history for their company, convincing people for many years that this was a fair system. And never -- nobody really understood why, but I figured it out.<end_of_turn>
<start_of_turn>Donald Trump
For years, pharmaceutical and drug companies have said that research and development costs were what they are. And for no reason whatsoever, they had to be borne by America alone. Not anymore they don't. This means American patients were effectively subsidizing socialist healthcare systems in Germany, and all parts of the European Union.<end_of_turn>
<start_of_turn>Donald Trump
They were the toughest of all. They were nasty. And I see that. I see that with trade, too. European Union is in many ways, nastier than China, OK? And uh, we've just started with them. Oh, they'll come down a lot. You watch. We have all the cards. They treated us very unfairly. They sell us 13 million cars.<end_of_turn>
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<start_of_turn>Donald Trump
We sell them none. They sell us their agricultural products. We sell them virtually none. They don't take our products. That gives us all the cards. And very unfair. So they're going to have to pay more for healthcare. And we're going to have to pay less. That's all it is. And believe it or not, you know, because it's really the world we're talking about, not just the European Union.<end_of_turn>
<start_of_turn>Donald Trump
But because it's the world, the numbers are uh, the numbers are for the healthcare company, not as bad as you would think. They'll make the same. I think the healthcare companies should make pretty much the same money. I really don't believe they'll -- they should be affected very much because it's just a redistribution of wealth.<end_of_turn>
<start_of_turn>Donald Trump
It's a redistribution where it could be the same top line, but it's going to be distributed differently. Europe's going to have to pay a little bit more. The rest of the world is going to have to pay a little bit more. And America is going to pay a lot less. Again, because we -- it's a much smaller population than when you think of the whole world.<end_of_turn>
<start_of_turn>Donald Trump
So uh, basically, what we're doing is equalizing. There's a new word that I came up with, which I think is probably the best word. We're going to equalize, where we're all going to pay the same. We're going to pay what Europe's going to pay. We're going to all pay. Now, there may be some countries in dire need.<end_of_turn>
<start_of_turn>Donald Trump
And I would be willing to sacrifice that but -- and help them. But it's called Most Favored Nation. We are going to pay the lowest price there is in the world. We will get -- whoever is paying the lowest price, that's the price that we're going to get. So remember that. So we're no longer paying 10 times more than another country.<end_of_turn>
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<start_of_turn>Donald Trump
Whoever is paying the lowest price, we will look at that price and we will say that's the price we're going to pay. Most Favored Nations. That's what it is. One breast cancer drug costs Americans over $16,000 per bottle. But the same drug from the same factory manufactured by the same company is one sixth that price in Australia and one tenth that price in Sweden.<end_of_turn>
<start_of_turn>Donald Trump
One tenth for the identical product. A common asthma drug costs almost $500 here in America, but costs less than $40 in the United Kingdom. So $40 in the United Kingdom, which is where this gentleman told me, he paid a small amount for his -- his shot. But think of that. So $40 versus $500 here. That's not even bad.<end_of_turn>
<start_of_turn>Donald Trump
They're much worse examples than the weight loss drug. Ozempic cost 10 times more in the United States than in the rest of the developed world. Ten times more. Why? Why? What did we do? Suckers. But we never had a president that had the courage to do this. And nobody knew the system like I do. I mean, I've gotten to know this system so well.<end_of_turn>
<start_of_turn>Donald Trump
And I don't think it's fair that it benefits Obamacare. Obamacare is a failure. It's not a good -- it's not a good healthcare. It works -- I made it work. I had an obligation to make it work or an obligation to let it die. I chose that we had to make it work. I had to make it as good as possible. And uh, I had a choice.<end_of_turn>
<start_of_turn>Donald Trump
I could have let it fail or make it as good as possible, as good as possible. Means it was still not very good, but it was -- it survived, and we did the right thing. But this makes it -- this makes everything work. And I don't want to have a bad form of health care work because of the fact I was able to cut drug prices by 80 or 90 percent.<end_of_turn>
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<start_of_turn>Donald Trump
So, we're going to maybe come up with something. I think this gives the Republicans a chance to actually do a health care that's much better than Obamacare and for less money, which -- if you guys would work on that along with Congress. But I do want to say that Democrats could have done this a long time ago.<end_of_turn>
<start_of_turn>Donald Trump
They have fought like hell for the drug companies, and they knew they were doing the wrong thing. And it's going to be very hard. I was just telling the leader and the speaker that how do -- it's going to be very hard for the Democrats to vote against the one big beautiful deal, the greatest tax cuts in history, greatest everything.<end_of_turn>
<start_of_turn>Donald Trump
But now you have the big drug prices because that's going to be included. It makes that whole situation different from a scoring standpoint. I just told them. I called them up about this, I said I'm going to do something that's going to be very monumental, and you're going to be scoring -- you better tell your people that this is going to score really well.<end_of_turn>
<start_of_turn>Donald Trump
And then add -- add hundreds of billions of dollars in tariffs to your list also. But as big as the tariffs are, this is something that really hits quickly. Five years ago, I signed an executive order to confront this disaster, but only confront it in a minor way. It was -- it was a good confrontation, but never to this extent.<end_of_turn>
<start_of_turn>Donald Trump
And it took people a little while to understand a very complicated system. But Joe Biden, without any knowledge of what he was doing, terminated the policy and then pretended to negotiate under a new system. And then you take a look. Five out of the 10 drugs that he negotiated are now over 200 percent more expensive in America than the rest of the world, and far more expensive than when he even got involved, much more expensive than when he got involved.<end_of_turn>
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<start_of_turn>Donald Trump
Joe Biden's plan was, as you know because you wrote about it, you don't say it very loudly, but it was a very big failure, as was his whole presidency. First, I'm directing the US Trade Representatives and Department of Commerce to begin investigations into foreign nations that extort drug companies by blocking their products unless they accept bottom line and very low dollar amounts for their product, unfairly shifting the cost burden onto American patients.<end_of_turn>
<start_of_turn>Donald Trump
And we'll be taking a look at that very strongly. The biggest thing we're going to do is we're going to tell those countries, like those represented by the European Union, that, you know, that game is up, sorry. And if they want to get cute, then they don't have to sell cars into the United States anymore.<end_of_turn>
<start_of_turn>Donald Trump
It's a very big subject. And they won't get cute because I'll defend the drug companies from that standpoint. They were given a price by the European Unions and other countries. This is what you do, this is what we're going to pay, we're not going to pay any more. Let America pay the difference, because it was a big shortfall.<end_of_turn>
<start_of_turn>Donald Trump
Let America pay it. And that's what we did, but we're not doing it anymore. Next, my administration will secure what we're calling most favored nations drug pricing. The principle is simple, whatever the lowest price paid for drug in other developed countries, that is the price that Americans will pay. And we're using the term "other developed countries" because there are some countries that need some additional help.<end_of_turn>
<start_of_turn>Donald Trump
And that's fine. I think that's very good. Some prescription drug and pharmaceutical prices will be reduced almost immediately by 50 to 80 to 90 percent. Big Pharma will either abide by this principle voluntarily, or we'll use the power of the federal government to ensure that -- that we are paying the same price as other countries.<end_of_turn>
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<start_of_turn>Donald Trump
To accelerate these price restrictions and reductions, my administration will also cut out the middlemen. We're going to totally cut out the famous middlemen. Nobody knows who they are. Middlemen, they've -- I've been hearing the term for 25 years, middlemen. I don't know who they are, but they're rich. That I can tell you.<end_of_turn>
<start_of_turn>Donald Trump
We're going to cut out the middlemen and facilitate the direct sale of drugs at the most favored nation price directly to the American citizen. So, we're cutting out, Bobby, the middlemen. It's so important, right? You gotta do that. They get -- they get -- they're worse than the drug companies. They don't even make a product and they make a fortune.<end_of_turn>
<start_of_turn>Donald Trump
They -- it's very smart business people, that I can tell you. If companies make no significant progress toward most favored nation pricing -- which we will insist that they do. So, I think I'm wasting time talking about it. We're going to insist upon it. And we'll insist -- and we're going to help the drug companies with the other nations, because those other nations do a lot of trading with us. They need our trade, just like China needed us very badly.<end_of_turn>
<start_of_turn>Donald Trump
They need us just as badly. And we will do whatever we have to with trade, just like we did some great things with trade with India and Pakistan. Really helped the situation, very heated situation. Could have lost millions of people -- more than millions, I mean, many millions of people. And they want to do business with America.<end_of_turn>
<start_of_turn>Donald Trump
But we never used our powers that way. We never knew how. We never had people that knew how to do that. We'll also open up America's market to safe and legal imports of affordable drugs from other countries, putting dramatic downward pressure on prices. And if necessary, we'll investigate the drug companies, and we'll in particular investigate the countries that are doing this.<end_of_turn>
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<start_of_turn>Donald Trump
And we will add it on to the price that we charge them for doing business in America. In other words, we'll add it on to tariffs if they don't do what is right, which is everybody should equalize. Everybody should say -- pay the same price. And special interests may not like this very much, but the American people will.<end_of_turn>
<start_of_turn>Donald Trump
I mean, I -- I am doing this for the American people. I'm doing this against the most powerful lobby in the world, probably, the drug lobby, drug and pharmaceutical lobby. But it's one of the most important orders, I think, that's ever been signed, certainly with regard to health care or health, in the history of our country.<end_of_turn>
<start_of_turn>Donald Trump
And it's an honor to be a part of it. And I'd like to ask Robert F Kennedy to say a few words, please. Thank you.<end_of_turn>
<start_of_turn>Robert F. Kennedy Jr.
Thank you, Mr. President. This is -- this is an extraordinary day. This is an issue that -- you know, I grew up in the Democratic Party, and every major Democratic leader for 20 years been making this promise to the American people. This was the fulcrum of Bernie Sanders' runs for presidency, that he was going to eliminate this discrepancy between Europe and the United States.<end_of_turn>
<start_of_turn>Robert F. Kennedy Jr.
But as it turns out, none of them were doing it. It's one of these promises that politicians make to their constituents knowing that they'll never have to do it. And the reason they'll never have to do it is because they know that Congress is controlled in so many ways by the pharmaceutical industry. There is at least one pharmaceutical lobbyist for every congressman, every senator on Capitol Hill, and every member of the Supreme Court, by some estimates three.<end_of_turn>
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<start_of_turn>Robert F. Kennedy Jr.
Pharmaceutical companies, the industry itself spends three times what -- what the next largest lobbyist spends on lobbying. So, this was a -- this -- this was an issue that people talked about, but nobody wanted to do anything because it was radioactive. They knew you couldn't get it by Congress. We now have a president who is a man of his word, who has the courage.<end_of_turn>
<start_of_turn>Robert F. Kennedy Jr.
President Trump was taking money from the pharmaceutical industry too. I think they gave you $100 million. But he can't be bought, unlike most of the politicians in this country. And he is standing here for the American people. I don't know what -- you know, there's -- there's writers like Elizabeth Warren or Robert Reich who are saying that President Trump is on the side of the oligarchs.<end_of_turn>
<start_of_turn>Robert F. Kennedy Jr.
There has never been a president more willing to stand up to the oligarchs than President Donald Trump. And I'm very, very proud of you, Mr. President, for your courage, for -- or I'll say, because I don't want to be crude, your intestinal fortitude, your stiff spine, and your -- your willingness to stand up for the American people.<end_of_turn>
<start_of_turn>Robert F. Kennedy Jr.
We have 4.2 percent of the world's population. We -- our country represents 75 percent of the revenues for pharmaceutical companies. We spend, in our country, $1,126 per capita on drugs. In Britain, they spend about $240. They spend one-fifth of what we do. And this is true across Europe. And this -- and the drug companies -- Europeans, if you ask them, it made no sense what they were saying.<end_of_turn>
<start_of_turn>Robert F. Kennedy Jr.
Well, America has to pay for this innovation or it's not going to happen. President Trump is saying to our European partners is, you've got to raise the amount that you're paying for those drugs and pay for your share of the innovation, that the United States is no longer subsidizing that. If the Europeans raise their -- the price of their drugs by just 20 percent, that is $10 trillion that can be spent on innovation.<end_of_turn>
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<start_of_turn>Robert F. Kennedy Jr.
And the health of all people all across the globe is going to increase, because we're going to have better products. So, I am -- I'm just so grateful to be here today. I never thought that this would happen in my lifetime. I have a couple of kids who are Democrats, or big Bernie Sanders fans and when I told them that this was going to happen, they had tears in their eyes because they thought this is never going to happen in our lifetime.<end_of_turn>
<start_of_turn>Robert F. Kennedy Jr.
And we finally have a president who is willing to stand up for the American people. Thank you, and Dr. Oz.<end_of_turn>
<start_of_turn>Mehmet Oz
Thank you, Secretary Kennedy. This is the most powerful executive order on pharmacy pricing in health care ever in the history of our nation. And it's only happening because we have a president with the fortitude, the guts to stand up to the withering criticism and lobbying that's going to occur as soon as folks hear about the executive order.<end_of_turn>
<start_of_turn>Mehmet Oz
So on behalf of the child in Philadelphia, who's got an autoimmune disease with $1,000 a month drug or the older woman in Los Angeles who's on a blood thinner who can't afford her co-pay, I want to thank President Trump. God bless you for having the guts to take on this industry. Thank you, sir.<end_of_turn>
<start_of_turn>Donald Trump
Thank you very much.<end_of_turn>
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<start_of_turn>Mehmet Oz
So let's talk about the details a little bit, and this is primarily about equalization. As President Trump said, it's about fairness. Think of NATO as a metaphor. When President Trump said, you've got to pay a little more so it makes sense for all of us, they came up and the European countries contributed.<end_of_turn>
<start_of_turn>Mehmet Oz
The same thing we believe will happen in this situation. Most people who have thought about this process agreed that it is patently unfair to tolerate the numbers that Secretary Kennedy and President Trump have reflected to you. On this chart to my left is a list of the 10 drugs that were negotiated in the IRA. Again, this is the bill, the law that regulates a negotiation process.<end_of_turn>
<start_of_turn>Mehmet Oz
This is the best price that was able to be obtained by the Biden administration. And if you look at these numbers, they actually reflect how much on top of the most favored nation price was being paid by the United States. So the closest to me, Bob, you can point to the closest one, 289 percent, the one that's closest to you.<end_of_turn>
<start_of_turn>Mehmet Oz
That means that we are paying in America four times more than that drug costs in other countries. Again, 100 percent is the baseline. It's 289 percent above that baseline. It goes all the way down to where we're paying 50 percent more than any other country. That's the range. As was pointed out by President Trump, half the time we're paying three times more than is paid in other countries.<end_of_turn>
<start_of_turn>Mehmet Oz
It doesn't make any sense for the system. That stated, President Trump has over and over again indicated, and Secretary Kennedy reflected as well, we want innovation. We want our technology partners doing the best they can to make the best solutions for drugs to cure as many people in America and around the world as possible.<end_of_turn>
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<start_of_turn>Mehmet Oz
By getting our allies to pay a bit more, as they should be, and they should have for many years been doing, will course correct a problem that has gotten out of hand. And by doing that in a thoughtful, effective way, we're going to be able to get the pharmaceutical industry whole. Those jobs will still be here, we'll still be productive, we'll still be curing cancer in a slew of other ailments that plague humanity.<end_of_turn>
<start_of_turn>Mehmet Oz
America will still be the leader in this space, but we're paying the appropriate amount, the right sized amount for those tasks. So over the next 30 days, the four of us up here, together with people who are standing in the back of this room who are doing a lot of the heavy lifting are going to be approaching pharmaceutical companies to talk specifically about what we want the most favored nation price to be based on the best data we have.<end_of_turn>
<start_of_turn>Mehmet Oz
We're looking forward to a thoughtful interaction with these corporate leaders, many of whom we've spoken to and in quiet will agree, the system is not right the way it is. They're patriotic Americans. They want what's right. But the fact that in my lifetime, as Secretary Kennedy said, for the first time, we have a thoughtful and aggressive approach thanks to President Trump on taking on these special interests.<end_of_turn>
<start_of_turn>Mehmet Oz
It should give all Americans confidence that this is an administration that stands for fairness and it should chill the waters for those who believe they can push us away from our North Star, which is to take care of the American people. Mr. President, God bless you.<end_of_turn>
<start_of_turn>Donald Trump
Thank you. Thank you.<end_of_turn>
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<start_of_turn>Mehmet Oz
Jay, you want to go next?<end_of_turn>
<start_of_turn>Jay Bhattacharya
Sure. So I teach economics at Stanford, as well as health policy. And one thing that's really, really simple in economics is that when you have a persistent price difference for the same product between two countries, there is something deeply wrong. And what President Trump has done is a historic measure that should have been done a long time ago.<end_of_turn>
<start_of_turn>Jay Bhattacharya
What we're going to do is make sure that those prices become much closer to equal, like a competitive market you'd expect. Right now, what's happening is the American people are subsidizing in large fraction, the research and development efforts for drug companies around the world, by the higher prices that we pay.<end_of_turn>
<start_of_turn>Jay Bhattacharya
With this new order, Europe will share the burden of that. And in fact, you may think of it as somehow it's going after drug companies, actually it's helping drug companies. Because what we're also going to do with this order, what President Trump has done with this order, is he's said to European governments, look, if you are taking advantage of the drug companies by forcing them to charge very, very low prices, we're going to defend American drug companies in Europe.<end_of_turn>
<start_of_turn>Jay Bhattacharya
At the same time, we're standing up for the American consumer who's been paying far too high prices for far too long. I can go back decades to point to congressional reports after -- government report after government report of tremendously high drug prices, much higher than the rest of the world and nothing has been done about it until this moment.<end_of_turn>
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<start_of_turn>Jay Bhattacharya
And I'm really, really proud, President Trump, that you've done this. I'm really proud to be included in this and looking forward to the work ahead.<end_of_turn>
<start_of_turn>Donald Trump
Thank you. Marty?<end_of_turn>
<start_of_turn>Marty Makary
Thank you, Mr. President. On behalf of the many doctors I've talked to about this very issue, thank you for taking the bull by the horns Presidents on both sides of the aisle, have talked about this and floated it and said they wanted to do it, so you've had the courage to do it. Thank you. I've been a surgical oncologist at Johns Hopkins for 22 years and I have seen patients suffer.<end_of_turn>
<start_of_turn>Marty Makary
We didn't take an oath to heal patients and then watch their life get ruined financially with their home, mortgage, retirement going down the drain with GoFundMe campaigns, raising money from church communities and synagogues and friends they haven't seen in 20 years, to try to raise money for what, for a system where Americans have been getting ripped off by 10, 12, 15 times higher prices than we see in other countries?<end_of_turn>
<start_of_turn>Marty Makary
The fundamental problem in healthcare is that we've had noncompetitive markets and we can do little things around the edges or we can transform those markets to competitive markets, and that's what this executive order does today. Imagine buying a Ford for $175,000, a regular car, and then hearing that people in London are buying it for $10,000 every day, all day long.<end_of_turn>
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<start_of_turn>Marty Makary
That is the craziness of this system. We're going to do everything we can at the FDA to support this executive order. It's transformative. Thank you, Mr. President.<end_of_turn>
<start_of_turn>Donald Trump
Thank you. Thank you very much. So thank you very much, everybody. I think it's a very important day, in many ways. We'll start with the Houthis. We go to Pakistan and India. We go to what we did with China, the trade deal and with UK. And by the way, many other deals are coming in very much. At a certain point, we'll just set the price because we know where we are, but we'll just set the price.<end_of_turn>
<start_of_turn>Donald Trump
But world trade is going to be terrific and our country is going to be making a lot of money. Taxes are going to go down. Taxes are going to go down very, very substantially. But you look at all of the things that we've done, and now today I'm heading over, we'll see what we're going to do with respect to Iran.<end_of_turn>
<start_of_turn>Donald Trump
I think you have very good things happening there too, by the way. Can't have a nuclear weapon, but I think that they are talking intelligently. We're in the midst of talking to them and they're right now acting very intelligent. We want Iran to be wealthy and wonderful and happy and great, but they can't have a nuclear weapon.<end_of_turn>
<start_of_turn>Donald Trump
It's very simple. So I think they understand that I mean business and I think they're being very reasonable thus far. And don't underestimate Thursday in Turkey. President Erdogan is going to be a great host. And we are doing some work with him having to do with Syria, too, by the way. We're going to have to make a decision on the sanctions, which we may very well relieve.<end_of_turn>
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<start_of_turn>Donald Trump
We may take them off of Syria because we want to give them a fresh start. But President Erdogan has asked me about that. Many people have asked me about that, because the way we have them sanctioned, it doesn't really give them much of a start. So we want to see if we can help them out. So we'll make that determination.<end_of_turn>
<start_of_turn>Donald Trump
But I think you're going to have maybe a good meeting. You have the potential for a good meeting, that a meeting wasn't going to take place. I insisted that that meeting take place and it is taking place and I think you may have a good result out of the Thursday meeting in Turkey between Russia and Ukraine.<end_of_turn>
<start_of_turn>Donald Trump
And I believe the two leaders are going to be there. I was thinking about flying over. I don't know where I'm going to be on Thursday. I've got so many meetings, but I was thinking about actually flying over there. There's a possibility of it, I guess, if I think things can happen, but we've got to get it done.<end_of_turn>
<start_of_turn>Donald Trump
We've got to save 5,000 lives a week, 5,000 lives, really more than that. It's worse than that. And when you see the -- and you don't want to see it, but when you see the satellite photographs of the battlefield with arms and legs and heads all over the place, separated by 30 yards from bodies, it doesn't make sense.<end_of_turn>
<start_of_turn>Donald Trump
Doesn't make sense, so we're working very hard to see if we can end that bloodbath. OK, there shouldn't be too many questions. It's been covered pretty well.<end_of_turn>
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<start_of_turn>Question
Mr. President, thank you for taking questions. Two quick ones for you, starting on trade. If a longer term deal is not reached with China at the end of these 90 days, can the American people expect those tariffs to go back up to 145 percent?<end_of_turn>
<start_of_turn>Donald Trump
No, but they would go up substantially higher.<end_of_turn>
<start_of_turn>Question
OK. And then, on --<end_of_turn>
<start_of_turn>Donald Trump
You know, at 145, you're really decoupling because nobody's going to buy. But they can go -- they got very high because of additional tariffs I applied during the course because of fentanyl and other things. But no, but they'd go substantially higher. Yeah.<end_of_turn>
<start_of_turn>Question
And then on Qatar, Mr. President.<end_of_turn>
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<start_of_turn>Donald Trump
I think you will have a deal, however.<end_of_turn>
<start_of_turn>Question
OK, you -- you're confident that there will be a deal on Qatar. Has Qatar asked for anything in exchange for that $400 million luxury jumbo jet? And how can the American people be so sure that they will not in the future?<end_of_turn>
<start_of_turn>Donald Trump
Well, I think what happens with the plane is that, you know, we're very disappointed that it's taking Boeing so long to build a new Air Force One. You know, we have an Air Force One that's 40 years old. And if you take a look at that compared to the new plane of the equivalent, you know, stature at the time, it's not even the same ball game.<end_of_turn>
<start_of_turn>Donald Trump
You look at some of the Arab countries and the planes they have parked alongside of the United States of America plane, it's like from a different planet. And it's close to 40 years old, might be more than 40 years old now. And we -- uh, when I first came in, I signed an order to get it built. I took it over from the Obama administration.<end_of_turn>
<start_of_turn>Donald Trump
They had originally agreed, I got the price down much lower. And then uh, when the election didn't exactly work out the way that it should have, a lot of work was not done on the plane because a lot of people didn't know. They made change orders that were so stupid, so ridiculous. And it ended up being a total mess, a real mess.<end_of_turn>
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<start_of_turn>Donald Trump
And when I came back, I said by the way, what's going on with the -- the Boeings that are coming in? Well, sir, they're way behind. And they are, they're way behind. They were way behind. Another mess that I inherited from Biden. And it's going to be a while before we get them. And I think Qatar, who has really -- we've helped them a lot over the years in terms of security and safety.<end_of_turn>
<start_of_turn>Donald Trump
I feel they -- I think they -- and very, very nicely. And I have a lot of respect for the leadership and for the leader of Qatar. And I think they very -- they knew about it because they buy Boeings. They buy a lot of Boeings. And they knew about it. And they said we would like to do something. And if we can get a 747 as a contribution to our Defense Department to use during a couple of years while they're building the other ones, I think that was a very nice gesture.<end_of_turn>
<start_of_turn>Donald Trump
Now I could be a stupid person and say, oh no, we don't want a free plane. We give free things out. We'll take one too. And it helps us out. Because again, we're talking about we have 40 year old aircraft. The money we spend, the maintenance we spend on those planes to keep them tippy top is astronomical.<end_of_turn>
<start_of_turn>Donald Trump
You wouldn't even believe it. So I think it's a great gesture from Qatar. I appreciate it very much. I would never be one to turn down that kind of an offer. I mean, I could be a stupid person say, no, we don't want a free very expensive airplane. But it was -- I thought it was a great gesture. And I think it was a gesture because of the fact that we help -- have helped and continue to. We will -- we will continue to. All of those countries, Saudi Arabia, UAE, Qatar and others, we keep them safe.<end_of_turn>
<start_of_turn>Donald Trump
If it wasn't for us, they probably wouldn't exist right now. And I think this was just a gesture of good faith. And I don't get it. Someday, it will be like Ronald Reagan, they decommission them. You know, they get to a certain age, they decommission them. It'll go to my library. They're talking about going to my library in years out.<end_of_turn>
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<start_of_turn>Donald Trump
But I thought it was a great gesture. And it's something that was done by Ronald Reagan. They actually decommissioned the plane and he put it in his library. And it actually has made the library, I think a Boeing 707, it's actually made the library more successful. So it was good.<end_of_turn>
<start_of_turn>Question
Do you plan to use it? But do you -- Do you plan to use the plane after you leave office?<end_of_turn>
<start_of_turn>Donald Trump
No, I don't. No. It would -- it would go directly to the library after -- after I leave office.<end_of_turn>
<start_of_turn>Question
Mr. President?<end_of_turn>
<start_of_turn>Donald Trump
I wouldn't -- I wouldn't be using it, no.<end_of_turn>
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<start_of_turn>Question
Mr. President, on the hostage? On the hostage, you said that the release of the American hostage Edan Alexander is a step in good faith to end this war. Do you expect any progress and perhaps announcement on ceasefire during your trip to the Middle East?<end_of_turn>
<start_of_turn>Donald Trump
We hope that we're going to have other hostages released too, as you know, so. When I met with the hostages three weeks ago, that were there for quite a while, you remember the ten people that came in. Mostly young people, one or two were a little bit older. They went -- they were explaining the trials and tribulations.<end_of_turn>
<start_of_turn>Donald Trump
They went through hell. And I said, how many are there? They said 59. I said that's a lot. I didn't realize. Because we got a lot out. You know, we got a lot of hostages out. I think you will acknowledge. They said 59, but then they said they followed that up by saying 59 of which 24 are living, the rest are dead.<end_of_turn>
<start_of_turn>Donald Trump
But the people whose son, mostly son, I think one daughter, in this case, but mostly sons are there or husbands are there. Those people want the dead bodies as much as they want the live body. I was -- I have a mother that calls me but came up to me when I first met her and she said, sir, please, please get my son out.<end_of_turn>
<start_of_turn>Donald Trump
He's dead, but they have his body. And I asked her about that. And it's as though he were alive. The level of -- of wanting that body back is, is the same, it couldn't be any more, as though he were alive. So you know, getting the bodies back is very important. That could be a thing having to do with the religion.<end_of_turn>
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<start_of_turn>Donald Trump
It could be -- I was -- I was amazed at the level of importance. It's the same as if the son or husband or whatever was alive. So they said 59. In fact, they came out -- they came in with a number 59 written out on like a sign on their chest. They came to thank me for getting them out. And uh, I said what is the 59 mean?<end_of_turn>
<start_of_turn>Donald Trump
They said, well, that means there are 59 people. But then they said, but 24 are living. Now, it's 21, the number is 21. So now it's actually -- well, we'll get Edan today. We think we're getting him today. So it's 20. So they have 20 live hostages there. The rest are dead bodies.<end_of_turn>
<start_of_turn>Question
Mr. President, are you open to --<end_of_turn>
<start_of_turn>Note
[Crosstalk]<end_of_turn>
<start_of_turn>Question
Mr. President, are you open to negotiating your tariffs on cars, steel and aluminum with China or any other country?<end_of_turn>
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<start_of_turn>Donald Trump
Well, we're not even talking about that. We're bringing the car back -- business back into this country. We have commitments and not only commitments, they've already started construction on many plants. They've left Mexico in a few cases and a few cases they've left Canada. They're not going to build in Canada.<end_of_turn>
<start_of_turn>Donald Trump
They're going to build here. Because we have the market. And the tariffs have been amazing. The election and the tariffs. November 5th was a big day. And on top of that, of course, you wouldn't have the tariffs without the election, I guess if you look at it. But we have at least 11 committed massive car factories that are going to be built, that are going to be -- that are in the process of being built and some are going through -- some have actually started.<end_of_turn>
<start_of_turn>Donald Trump
We also have renovations of existing factories where they weren't utilizing the full factory from years gone by. And now they're under full renovation. They'll be opening up full factories in a very short period of time. Our car industry is -- I think we're going to have the number one industry. You know, if you look at Japan and these others, they -- they do tremendously with cars.<end_of_turn>
<start_of_turn>Donald Trump
And -- and they can do that too. But you know, when they -- if they want to sell cars in the United States, they're going to have to build factories in the United States. Because I'm interested in cars for the United States. And one other thing is, in our tax bill, we're giving not only no tax on tips, no tax on Social Security, no tax on overtime, but also we're going to get a deduction for people that borrow money to buy a car, if, if it's made in America.<end_of_turn>
<start_of_turn>Question
[Inaudible]<end_of_turn>
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<start_of_turn>Donald Trump
If it's not, we have no interest.<end_of_turn>
<start_of_turn>Note
[Crosstalk]<end_of_turn>
<start_of_turn>Question
On the meeting -- on the meeting with -- between President Putin as well as President Zelenskyy, if President Putin doesn't show up to these talks in person in Turkey, will you join Europe in putting higher sanctions on Russia?<end_of_turn>
<start_of_turn>Donald Trump
If they -- if I felt it would be important toward getting the deal done. I'm the one that insisted on the meeting. They couldn't get a meeting because one said cease fire. One said no cease fire. It was going back and forth. I said, look, at this point, we got to stop it. Just go to the meeting. The meeting's been set.<end_of_turn>
<start_of_turn>Donald Trump
Go to the meeting on Thursday. And if I thought it would be helpful, I don't know where I'm going to be at that particular point. I'll be someplace in the Middle East, but I would fly there if I thought it would be helpful. Yeah, please.<end_of_turn>
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<start_of_turn>Note
[Crosstalk]<end_of_turn>
<start_of_turn>Question
On refugees, I want to ask you about South African refugees. Dozens of African -- Afrikaners who claim discrimination in their home country are heading to the United States.<end_of_turn>
<start_of_turn>Donald Trump
Right.<end_of_turn>
<start_of_turn>Question
Where your administration is going to welcome them as refugees. Now this comes as you've halted virtually all refugee admissions for people fleeing famine and war from countries like Sudan and the Democratic Republic of Congo. Why are you creating an expedited path into the country for Afrikaners but not others?<end_of_turn>
<start_of_turn>Donald Trump
Because they're being killed. And we don't want to see people be killed. Now South Africa leadership is coming to see me, I understand sometime next week. And you know, we're supposed to have a guest a G20 meeting there or something. But we're having a G20 meeting. I don't know how we can go unless that situation's taken care of. But it's a genocide that's taking place that you people don't want to write about.<end_of_turn>
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<start_of_turn>Donald Trump
But it's a terrible thing that's taking place. And farmers are being killed. They happen to be white, but whether they're white or Black makes no difference to me. But white farmers are being brutally killed and their land is being confiscated in South Africa and the newspapers and the media, television media doesn't even talk about it. If it were the other way around, they'd talk about it. That would be the only story they'd talk about.<end_of_turn>
<start_of_turn>Donald Trump
And I don't care who they are. I don't care about their race, their color. I don't care about their height, their weight. I don't care about anything. I just know that what's happening is terrible. I have people that live in South Africa. They say it's a terrible situation taking place. So we've essentially extended citizenship to those people, to escape from that violence and come here.<end_of_turn>
<start_of_turn>Donald Trump
Yeah? Please<end_of_turn>
<start_of_turn>Question
Mr. President, thank you. Are you letting China off the hook for these 90 days? And do you really believe that they will follow through with non-tariff barriers and remove those?<end_of_turn>
<start_of_turn>Donald Trump
Non-monetary tariffs. Yeah, yeah, I think they're going to follow through. I think they want it very badly. I think they want the deal very badly. Again, this doesn't include the steel tariffs that I put on a long time ago, that Biden tried to get off, but he couldn't get them off because it was too much money.<end_of_turn>
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<start_of_turn>Donald Trump
I took in hundreds of billions of dollars from China. What a lot of people don't know, but we put on tariffs originally and if I didn't do that, we wouldn't have a steel industry today. Now we have a thriving steel industry. It'll be thriving much more with what we're doing because this is the next level.<end_of_turn>
<start_of_turn>Donald Trump
But it doesn't include that, doesn't include cars, doesn't include pharmaceuticals when we do that. And the reason we're doing that will be to get them to come back into the country. There are -- again, I always say it because a lot of people forget, but if a company like Eli Lilly, which is making a massive investment in the United States right now, they're building many, many plants.<end_of_turn>
<start_of_turn>Donald Trump
They've already started like seven of them, many plants, but they are not going to be tariffed. There's no tariff cost, so they're all doing that. They're all coming back to the United States. I mean, I'll tell you what, I hope I get the benefit of watching this as president, because you know it takes a little while to do this stuff and we're doing it early in the administration.<end_of_turn>
<start_of_turn>Donald Trump
If you think of it, we have -- I believe if you look at the real total, it's over $10 trillion committed for plants and factories. Other administrations haven't had $1 trillion over a four-year period, even over an eight-year period. We have over $10 trillion committed in one form or the other over two months.<end_of_turn>
<start_of_turn>Donald Trump
Give me a break -- I'm here three, but let's give me a break on the first month. We want to get acclimated. But if you think about it, it's really two months. And so in two months, we have an investment already of over $10 trillion and other presidents haven't had that done over a year, over four years in some cases.<end_of_turn>
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<start_of_turn>Donald Trump
It's unprecedented. There's never been anything like it. It's a very exciting time in America. Thank you very much, everybody. Thank you.<end_of_turn>
<start_of_turn>Question
Mr. President, who's in charge of the budget bill while you're gone, sir?<end_of_turn>
<start_of_turn>Donald Trump
I'll sign that. Yeah.<end_of_turn>
<start_of_turn>Question
Mr. President, are you ready to impose sanctions on Russia if Putin doesn't agree with the 30-day cease fire?<end_of_turn>
<start_of_turn>Donald Trump
I have a feeling they're going to agree. I do. I have a feeling. Let's see what happens. Say it.<end_of_turn>
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<start_of_turn>Question
The budget negotiations are taking place. Who in your administration is in charge of that while you're gone? Is it JD Vance, Scott Bessent?<end_of_turn>
<start_of_turn>Donald Trump
Well, everybody. Bobby, from the standpoint of medical. This group behind me, I mean, I think it's the best group ever assembled in terms of medical. I think you're going to see a tremendous cut. I don't think, I mean, I know you're going to see it in Medicaid and Medicare. That cut will be massive because drugs are 50, 60 percent of the cost.<end_of_turn>
<start_of_turn>Donald Trump
So Medicaid costs are going down and Medicare costs are going down because of what we're doing today. And it's not like, oh, gee, well, maybe it won't happen. It's going to happen because the other countries have no choice. No, the drug companies are going to have to say, listen, if you don't pay more, we're not going to give you the drug and they're willing to do that.<end_of_turn>
<start_of_turn>Donald Trump
So that's it. We have to equalize.<end_of_turn>
<start_of_turn>Question
How do you respond to [Inaudible] price controls?<end_of_turn>
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<start_of_turn>Donald Trump
Say it.<end_of_turn>
<start_of_turn>Question
How do you respond to the fact that this --<end_of_turn>
<start_of_turn>Donald Trump
It's not price control. No, no. Price control is before, if you want to talk about -- price control is what they were doing. They were making us pay. They set a price and they said, here's what we're going to pay and anything else, charge America. Because at that time, they had a very stupid president and it really went crazy during the last four years.<end_of_turn>
<start_of_turn>Donald Trump
And remember this, the Democrats are the ones that allowed this to happen. They were the ones that were the protector of this pricing system. And I think it's going to be very hard. You'll have to ask Democrats, are they going to vote against the one great, big, beautiful deal that's being negotiated now, tax cuts, etc.<end_of_turn>
<start_of_turn>Donald Trump
We're now, on top of the tax cuts and regulation cuts, all the things, now you're going to say that the price of your medicine is going down by 60, 70, 80 percent. You're going to vote against it. I think a lot of Democrats are going to be forced to do something that their leaders are going to beg them not to do, and that's vote for the bill.<end_of_turn>
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<start_of_turn>Donald Trump
I don't see how they can vote against it. How can they vote against it when drug prices, drugs and pharmaceuticals are going to be down 70, 80 percent? It's going to be very interesting.<end_of_turn>
<start_of_turn>Question
Mr. President, what do you say to people who view that luxury jet as a personal gift to you? Why not leave it behind --<end_of_turn>
<start_of_turn>Donald Trump
Your ABC fake news, right? Because only ABC -- well, a few of you would. Let me tell you, you should be embarrassed asking that question. They're giving us a free jet. I could say no, no, no, don't give us -- I want to pay you $1 billion or $400 million or whatever it is or I could say thank you very much.<end_of_turn>
<start_of_turn>Donald Trump
There was an old golfer named Sam Snead. Did you ever hear of him? He won 82 tournaments. He was a great golfer and he had a motto, when they give you a putt, you say thank you very much. You pick up your ball and you walk to the next hole. A lot of people are stupid. They say no, no, I insist on putting it, then they putt it and they miss it and their partner gets angry at them.<end_of_turn>
<start_of_turn>Donald Trump
You know what, remember that, Sam Snead. When they give you a putt, you pick it up and you walk to the next hole and you say thank you very much.<end_of_turn>
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<start_of_turn>Question
Respectfully, sir, as a businessman, some people may look at this and say, have you ever been given a gift worth millions of dollars and then not received any --<end_of_turn>
<start_of_turn>Donald Trump
It's not a gift to me. It's a gift to the Department of Defense. And you should know better because you've been embarrassed enough and so has your network. Your network is a disaster. ABC is a disaster. Here is the bill. Bobby, come on over here. Now you're talking about trillions and trillions of dollars.<end_of_turn>
<start_of_turn>Donald Trump
Thank you. Thank you very much, everybody.<end_of_turn>
<start_of_turn>Question
Mr. President, quick question about --<end_of_turn>
<start_of_turn>Donald Trump
Thank you very much.<end_of_turn>
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<start_of_turn>Donald Trump
Well, thank you very much. This is a celebration -- In front of a lot of our good friends, and we've been celebrating in a certain way every night at about four in the morning when I had to call you and say you got to vote for us. The speaker would call and say, please, please get him to vote.<end_of_turn>
<start_of_turn>Donald Trump
I said it's 4:00 in the morning, and everybody took the call and just about everybody voted. And it's an amazing thing, so amazing that I just signed -- and it was really helped a lot by our big beautiful deal that we just did, the Big, Beautiful Bill as we call it, but I just signed the largest trade deal in history.<end_of_turn>
<start_of_turn>Donald Trump
I think maybe the largest deal in history with Japan. And that was done with Japan. They had their top people here and we worked on it long and hard and it's a great deal for everybody. I always say it has to be great for everybody. It's a great deal, a lot different from the deals in the past, I can tell you that.<end_of_turn>
<start_of_turn>Donald Trump
But we're doing really well as a country, we're strong, we have a lot of money flowing in. The tariffs are kicked in better than anybody, other than me and a few of the people in the room, thought could happen, Howard and Scott. And I just want to thank you all. You've been unbelievable allies because you're really allies, that's what you've been, and we appreciate it. Some of you, some were very difficult, but you got there.<end_of_turn>
<start_of_turn>Donald Trump
[Laughter] And some were a little bit, they had a little confidence, and they came in early, and we appreciate, we just appreciate everybody. But we gathered tonight to celebrate six months of incredible achievements by one of the most successful House majorities in American history. That's what it's been, right?<end_of_turn>
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<start_of_turn>Donald Trump
Despite having an incredibly narrow margin, and you know that, we had a little bit -- we had actually one period speaker where we had one. In other words, we had a majority of one, then we took a few good victories with some little elections that took place. A couple of other things happened, and we ended up with seven.<end_of_turn>
<start_of_turn>Donald Trump
But we had one and the speaker said to me, you know, we're one heart attack away from losing the majority. We don't want to be there. And I think the results of what we're doing together will give us a tremendous midterm. We're going to work together very hard. We're going to make all those robocalls for you and we're going to pick it up and we're going to really -- we're going to increase, I think we should increase by a lot.<end_of_turn>
<start_of_turn>Donald Trump
But despite this incredibly narrow margin that you've already fulfilled, think of this, more promises than any Congress in generations. There's been no Congress, and we've had some even where we were up quite a bit. But there's been no Congress like this Congress in terms of achievement that people can even think of. Now we have to take world wars out.<end_of_turn>
<start_of_turn>Donald Trump
We can take a couple of things out, but basically there's been -- there's never been anything like this and we did this with very small majorities. And I want to thank John Thune also because the Senate has been -- and all of the people in the Senate because they've been terrific also working with Mike and everybody.<end_of_turn>
<start_of_turn>Donald Trump
But I especially, tonight, want to thank Speaker Johnson for doing a job that I think you could have done. I think he'll go down and I think he's got a long way to go. He's going to go down as one of the greatest speakers at any time in history. And you know -- and I say this, you needed a very precise personality to get these voters.<end_of_turn>
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<start_of_turn>Donald Trump
If you had somebody that was just a little bit off, you were going to lose 20 votes, and you couldn't lose any. So, I just want to thank you; everybody believes that too, Mike. Thank you very much. Great job. And Kelly is here. Hi, Kelly. Hi, Kelly. Also a man of great courage, Steve Scalise.<end_of_turn>
<start_of_turn>Donald Trump
He's our majority leader. No, I've told the story so many times, but he was very brave. I saw him on the worst of times. I was there at his hospital late at night with his incredible wife and we thought Steve was not with us. He was going to be a goner, and he was tough. And I actually think you look better now than you did then.<end_of_turn>
<start_of_turn>Donald Trump
[Laughter] If you want to -- you look better now than you did before this horrible thing happened. So, whatever the hell you're doing, you're going to have to let us know, all right. But he's great. And another guy who I've really gotten to like. And usually this doesn't happen because I used to have little arguments.<end_of_turn>
<start_of_turn>Donald Trump
I said, boy, he's a tough guy, he's a nasty, tough guy. And then I realized how talented he was, how good he was. And we got to be, I think, really good friends. Tom Emmer, he's incredible actually. But his wife -- oh, there, she is. But she liked me, and she said, you know, you don't understand my husband, he's really -- and she turned out to be right, his greatest asset.<end_of_turn>
<start_of_turn>Donald Trump
Thank you both for being -- that's so nice, thank you. She's incredible. And every other member of Congress that's with us. We have almost pretty much a full contingent. Some of you have your spouses and we appreciate and that's why we appreciate what you've had to go through. These were late nights and a lot of them too, we had a lot of them.<end_of_turn>
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<start_of_turn>Donald Trump
We had -- if we turned off the phones at 3:30 in the morning, we weren't working very hard. It was really something. So, I just want to thank you all. And we also have Secretary Scott Bessent. We just -- is Scott here someplace? I think so. Scott? Thank you very much, Scott. And we just came in from the Oval Office where a few people got to watch the negotiation with Japan.<end_of_turn>
<start_of_turn>Donald Trump
It was interesting. Doug Burgum, I think, might be here someplace. Doug? I've got Doug. And I said to the Japanese trade representatives, and these were the top people. We concluded the one deal, Doug, and now we're going to conclude another one because they're forming a joint venture with us in Alaska, as you know, for the LNG. So, I said we'll all do that together with Chris.<end_of_turn>
<start_of_turn>Donald Trump
Is Chris here? I don't know. Chris Wright? If you could set that up, Doug, it would be great. But they're all set to make that deal now. So, I think it's good. This was really the one they had to make and we're going to make a deal with Japan on the LNG in Alaska, right? OK, thank you very much. And Howard Lutnick, who was terrific -- he is terrific.<end_of_turn>
<start_of_turn>Donald Trump
Howard. He'll never go back into private industry again because he's seen numbers that are so big. This deal is they say the biggest deal ever made -- biggest deal ever made. And we have Europe coming in tomorrow and the next day we have some other ones coming in. We're doing things that have never been done in this country before, and our country is becoming very rich again and that's the way it should be. They're not taking advantage of us and it's very good.<end_of_turn>
<start_of_turn>Donald Trump
But Howard will never go back into private -- you know, he had a big company, but the biggest deal you've ever made is like a quarter of a line of the deal we just left, right? So, it's a little tough. [Laughter] Scott Turner is here, who's terrific. Scott? Thank you. Thank you very much. Thank you, Scott.<end_of_turn>
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<start_of_turn>Donald Trump
Good job. Good job, Scott. Thank you very much. In fact, Scott, come here, come here. I want to just -- I'm going to have Scott say grace, give a little prayer. Yes? I hope the television stays on. You know, they have a tendency to turn off, but I think that's good. What do you think, Brian. Yes, come on, Scott.<end_of_turn>
<start_of_turn>Donald Trump
And nobody does it like this man. He's better at this than he is at housing, but he's good at housing. [Laughter] That's great. Scott. Thank you, man. How are you, sir? I'm good, good. Thank you very much.<end_of_turn>
<start_of_turn>Scott Turner
Hi, everyone. Thank you, Mr. President. We're so grateful for you, grateful for your sacrifice and for your heart for people, your heart for this country, your heart to do what's right, no matter what.<end_of_turn>
<start_of_turn>Donald Trump
Thank you.<end_of_turn>
<start_of_turn>Scott Turner
And I'm so grateful that the Lord called us to be together for such a time as this. And so, I really appreciate you. And I know I can speak for everyone out here that you are a tremendous leader and we thank God for you. And we thank God for the First Lady and your family and everything that you've gone through for this country.<end_of_turn>
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<start_of_turn>Scott Turner
And we're proud to stand with you.<end_of_turn>
<start_of_turn>Donald Trump
Thank you, Scott. Thank you. Thank you.<end_of_turn>
<start_of_turn>Scott Turner
OK, let's pray. Father in Heaven, we thank You. We're so grateful that we have this time to stand in Your presence. Father God, we are at the White House, Father God, the most powerful place in the land. And Father, we thank You that President Trump allows us to take this time and go before the throne of Heaven and give You reverence.<end_of_turn>
<start_of_turn>Scott Turner
You are the King of Kings and the Lord of Lords and, Jesus, we thank You. We thank You that You love us so much. God, we thank You for this awesome privilege to serve the people of the United States of America. Father, the Bible says, blessed is the nation whose God is the Lord and, Father, we put You in Your rightful place tonight on the thrones of our heart and, Father God, on the throne of this country.<end_of_turn>
<start_of_turn>Scott Turner
Father God, we humble ourselves before You tonight and we thank You for Your goodness, for Your mercy, for Your grace. Father, we pray for those precious people in Central Texas, Father God, that have lost loved ones, who have lost children, who have lost family members. Thank you, God, for those on the ground who are working hard, Father God, to help those to be recovered and rescued and restored.<end_of_turn>
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<start_of_turn>Scott Turner
And Father. We pray in the days ahead, it's going to get real dark, but Father, we know that You're a light in the midst of darkness. Lord, thank You for the people of Texas that they are so resilient. And God, we thank You that You are so faithful in the midst of the storm. Now Father, tonight we thank you for every Congressional member, their staff, their families, their spouses.<end_of_turn>
<start_of_turn>Scott Turner
Lord, thank you for giving us favor to pass this One Big, Beautiful Bill and what it does for the people of this great country, not just for now but for the posterity of our nation. And Lord, tonight may you be glorified in our time together. lord, I pray that you will bless our President. God, everything he puts his hands to we pray You will bless it. Strengthen him, Father, give him wisdom like never before.<end_of_turn>
<start_of_turn>Scott Turner
Open his eyes to see like he's never seen and his ears to hear Your sweet small voice in the midnight hour. Lord, let him know that it is well with his soul. In Jesus name, amen.<end_of_turn>
<start_of_turn>Donald Trump
That's beautiful. Thank you, Scott. That's beautiful. Thank you very much. So nice. So, we also want to thank Linda McMahon, who's right now -- where are you, Linda? She's out negotiating with a lot of different people, what a great cabinet member and person. And she's working on bringing education back to the states where it belongs, and lots of other things like how come Harvard got $5 billion in the last year and a half or two years.<end_of_turn>
<start_of_turn>Donald Trump
$5 billion they got. Linda said, you know, they're not going to be happy what -- Harvard's getting billions and billions of dollars and they're not spending it nicely. And they're very discriminatory and lots of other things. And she's got a tough judge. She's got a judge that would typically not be with us. But I don't want to say that because you never know what happens, but we'll win that case.<end_of_turn>
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<start_of_turn>Donald Trump
Ultimately, we're going to win it. No decision made yet, but she's in the middle of a lot of things. But Linda, you have been unbelievable, thank you very much. Great job you've done. And I said hello to Chris Wright. Chris is the most talented person. Doug actually said that -- I offered Doug Department of Energy.<end_of_turn>
<start_of_turn>Donald Trump
No, he said I have somebody better. He's never said that in his whole life about anybody, Mary. He never said that about anybody, but he said Chris Wright is so incredible and he has certainly -- he's the number one guy in the oil industry. And he left for -- I won't even tell you the money he was making.<end_of_turn>
<start_of_turn>Donald Trump
It was crazy money, but he knew that. And he wanted this and he and Doug have done an incredible job. And thank you, Chris, very much. And Doug Collins, where's Doug Collins? Doug Collins, what a great guy he's been. What a great guy. At the VA right now, you have a 92 percent approval rating, that's not bad.<end_of_turn>
<start_of_turn>Donald Trump
Let's see if you can get it up a little bit. Who are the 8 percent, right? But he's working on it. He is working on it. He's incredible. What a job. Thank you, Doug. What a great job you're doing, appreciate it. As well as EPA Administrator, Lee Zeldin. Where's Lee? This guy? People don't know.<end_of_turn>
<start_of_turn>Donald Trump
He was a great lawyer, like top of the line, and then he became a congressman in a race that he had no chance to win. He won and was a congressman like for six years or something and was highly respected. And then he took a shot at running for governor of New York, even though people said it was almost impossible to even think about, and he almost won, he came so close, almost won.<end_of_turn>
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<start_of_turn>Donald Trump
And I appointed him as the environmental czar -- he's our environment czar. And what a job, secretary on the cabinet, he's got everything. And the job he's been doing is incredible because we have $16 trillion, so far, invested in our country. We've never had anything even close, and this is just really in the last four months, not six months.<end_of_turn>
<start_of_turn>Donald Trump
And that's when it all -- that's when we started accepting things and getting things going and getting them rock and rolling. And Lee is getting the permits for people so fast. You know, the biggest problem they had is we can't build if you're not going to give us the permits or if it's going to take nine years to get a permit and then get rejected.<end_of_turn>
<start_of_turn>Donald Trump
You know, they'd wait nine, 10, 12 years to do environmental impact statements. And at the end of 12 years, they'd get a rejection 3 to 2. You know, they gave their lives to it. We don't do that anymore. He does it within weeks and we really appreciate Lee. He's got an incredible staff, and we appreciate the job he's done.<end_of_turn>
<start_of_turn>Donald Trump
He's an unbelievable guy. OMB Director, Russ Vought. Nobody knows the finances of this country. And the waste, fraud and abuse better than Russell. So, Russell, I want to thank you for doing such a great job. You're really in there fighting and really was a big help during this whole situation that we had, Tom, right, with Russ when we had to know the numbers, there's nobody that knows him better.<end_of_turn>
<start_of_turn>Donald Trump
He lives with them. Director of National Intelligence, oh, where's Tulsi? She's like hotter than everybody. She's the hottest one in the room right now because she found out which certainty we -- I think we knew it before in all fairness, Tulsi, but now you have certainty. She has all the documents.<end_of_turn>
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<start_of_turn>Donald Trump
She has everything that you need. And she found out that Barack Hussein Obama led a group of people and they cheated in the elections, and they cheated without question. It's not even a -- would you say there's even a little question there, Tulsi? She says no. And you found things that nobody thought we'd ever find.<end_of_turn>
<start_of_turn>Donald Trump
And very happy and very honored to have you with us. She's right now -- by far, Speaker, she's hotter than you right now, Speaker. [Laughter] She's the hottest person in the room right now, Speaker. So, Tulsi, great job and I know you have a lot more coming. She told me you've seen nothing yet. So, I heard those rumors about you but now I know they're true.<end_of_turn>
<start_of_turn>Donald Trump
So, we're very proud of you, Tulsi. They cheated so badly. And ultimately, it led to a loss in 2020. And it shouldn't have been a loss. It was a big victory. We won by a lot. We had to do it again. But if I thought we lost, I would never have run again. And this is a far more consequential election than it would have been if we didn't. That's the only thing I can say in favor of it. But we can't ever let that happen again to our country.<end_of_turn>
<start_of_turn>Donald Trump
Look at what happened in terms of inflation, in terms of so many things. But most importantly, maybe in terms of allowing millions and millions of people into our country that we shouldn't have. We shouldn't have these people in our country and their levels of violence and things that we're seeing are so bad and we're getting them out.<end_of_turn>
<start_of_turn>Donald Trump
And Tom Homan and Kristi have done an incredible job and -- but we're getting them out, but this should have never happened. It was like just a terrible unforced error. The only thing that I can't figure out, I always like to figure the other side, why would they do this? Why would they allow people to come into our country from all over the world, not just South America but from Venezuela but from all over the world they came.<end_of_turn>
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<start_of_turn>Donald Trump
And they came by hundreds of thousands, in some cases, hundreds of thousands a day. When you look at some of these, they break down gates. We built hundreds of miles of wall; they didn't break down the wall, but anything that wasn't a wall, they were able to break it down. And they came in though by the millions.<end_of_turn>
<start_of_turn>Donald Trump
And we're going to be paying a price for this, and we are paying a price. It's almost -- it's all consuming and we have to get 11,888 murderers, many of them murdered more than one person, and they're in here. And some are already gone; we've gotten them out. Some we don't -- we can't get out -- we want to put them in jails because we're afraid they'll come back, they're so violent.<end_of_turn>
<start_of_turn>Donald Trump
And they used to say no, no, these are -- illegal immigrants, they said, are very kind people. Remember that? They used to say they're kind -- they don't commit crimes. No, they make our criminals look like extremely nice people and we have to get them out. And it's a big job, but we're doing it and step by step.<end_of_turn>
<start_of_turn>Donald Trump
And last month, as you know, in June we had zero people come through the border, right? Zero people come through the border. So, we're doing a real job. But what we found out is horrible that Obama and a group of thugs cheated on the elections. They cheated violently, viciously on the elections.<end_of_turn>
<start_of_turn>Donald Trump
They're violent people. They're vicious, horrible -- these are vicious, horrible people and we can't let this happen. SBA Administrator, Kelly Loeffler, a cabinet member and a great person. Hi, Kelly. And she has done a job. You know, I always say small business. I used to say it with somebody else that happened to be -- Linda, you happened to be there.<end_of_turn>
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<start_of_turn>Donald Trump
I said it's small business, but it's actually the biggest business there is, right, probably there is when you add it up -- all those little, small loans, you add them up, it's the biggest bank there is. But Kelly, you're doing a fantastic job. Thank you very much. Don't do a better job than Linda, that would be terrible.<end_of_turn>
<start_of_turn>Donald Trump
Linda had the job before you, she was so great, but don't beat her because Linda would be very upset about that. Actually she'd be happy. I think you'd be happy about it, right, Linda? That's the way Linda is. I want to also express our gratitude to all of the -- just the wonderful friends and mostly spouses, but the wonderful friends that we have here.<end_of_turn>
<start_of_turn>Donald Trump
This is sort of just a great period of time for the country and it's a great period of time for the Republican Party. I also want to wish Congresswoman, a truly beautiful woman, Mary Miller, and her husband, her handsome husband. This is like a -- I'd like to use them on the front page of an advertisement for people that come to a hotel or something, but they're like a perfect -- I think they're a perfect couple.<end_of_turn>
<start_of_turn>Donald Trump
Mary Miller, I'd like to thank you and wish you a lot with your husband, Chris, and a very happy 45th wedding anniversary. Wow. It's a beautiful couple with beautiful children and grandchildren. Good, keep it going, keep it going. Mary's very respected too, Chris, you know that. She's doing a fantastic job, beautiful woman.<end_of_turn>
<start_of_turn>Donald Trump
And happy birthday to Representative Robert Aderholt, where is Robert? Robert? Happy anniversary. Happy anniversary, Robert. Happy birthday. Happy birthday. So, we have an anniversary; we have a birthday today. Anybody else having a birthday or anything? Robert, great job you're doing. Thank you very much.<end_of_turn>
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<start_of_turn>Donald Trump
We appreciate it very much. Time and time again the House Republican majority has defied the odds to deliver win after win for the American people. They were giving us very small odds of doing this bill. In fact, we were originally breaking it up into seven and then six and then about three and two and then, ultimately, we said one.<end_of_turn>
<start_of_turn>Donald Trump
And I had a little different name. I had One Great Big, Beautiful Bill, but Steve said that's too much. That's a little too much. Let's take the word great out. But it is great. It was a little tougher to say, a little too long, but we took the word great out. But it is one -- really one incredible situation that we passed.<end_of_turn>
<start_of_turn>Donald Trump
And people said that we'll do a number of bills, and it will be much easier. Typically, that's the way, except the problem was you had somewhere for the good of the country you had to do certain things, but it wouldn't necessarily mean you were going to get the votes, but you needed it for the good of the country.<end_of_turn>
<start_of_turn>Donald Trump
But the Big, Beautiful Bill, the beauty is that it had something in it and a lot for everyone, including the people in this room that had a vote. So, I just -- I think it was an incredible decision that we made pretty early on, right? We had a lot of people that were skeptical, Mike, about doing the one; they said, it's just not possible to get it passed.<end_of_turn>
<start_of_turn>Donald Trump
And I think it actually turned out to be the biggest advantage because everybody had something in it. No matter who you were, you could go back and say, look, what we got -- oh, well, that's OK. So, it really worked out well. You passed the Laken Riley Act, you passed the HALT Fentanyl Act, that's big stuff.<end_of_turn>
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<start_of_turn>Donald Trump
You know, we are tariffing countries that are sending us fentanyl and working with fentanyl. And sadly, we're taking in billions and billions of dollars, but we don't want to take in billions for that. We want them to stop, and they will. With the help of our great First Lady, you passed the Take It Down Act. That's a big thing and it was a bipartisan -- that was very bipartisan.<end_of_turn>
<start_of_turn>Donald Trump
I think I'll ask her to get involved in more acts. It was like a very -- real bipartisan, not where you had two -- you had a lot of Democrats vote for that one. That's a beautiful thing, the horrible things that take place on the internet and they destroy children and children do bad things to themselves, including you know what the word is, suicide.<end_of_turn>
<start_of_turn>Donald Trump
And it really broke our heart to see it so often so much. And take it down, we take it off the Internet, they do things that are so bad. And it was a great thing that you did bipartisan. On July 3rd, you passed the One Big, Beautiful Bill and that's going to go down, I think, as one of the most monumental achievements ever In Congressional history.<end_of_turn>
<start_of_turn>Donald Trump
In one historic package, we delivered the largest tax cut in American history, the largest spending cut in American history and the largest border security investment in American history. And we had no tax on tips, think of it, no tax on Social Security, we have no tax on overtime. It's just been -- there's never been anything like it. And when you explain it, you know, because the Democrats are out there saying death, that's all -- they're giving a, you know the word manufactured.<end_of_turn>
<start_of_turn>Donald Trump
They manufactured -- the word they use is death. That's the only thing they're good at. That's the only thing. So, they have death. And when we get out and sell the opposite, it gives us life, it gives the country life, it gives -- you could look at Medicaid, Medicare, Social Security, it gives it life, it means it's going to be here.<end_of_turn>
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<start_of_turn>Donald Trump
They're going to be here. They wouldn't be here. I don't think we'd have a country. You want to know the truth. If we didn't win this election, I don't think we'd even have a country. But we've achieved more in six months than most administrations have achieved during their four years or even eight years.<end_of_turn>
<start_of_turn>Donald Trump
We've achieved more in six months than most administrations have achieved, whether it's four years or eight years, which is pretty incredible. And when I was in Saudi Arabia, we took back $5.1 trillion. We went to Qatar, we went to Saudi Arabia and UAE, great leaders all three and great, they were great.<end_of_turn>
<start_of_turn>Donald Trump
And they invested -- when I say took it back, I mean took it back in terms of an investment in the country, $5.1 trillion with a T, trillion dollars. And the king of Saudi Arabia looked at me and says, you know what, one year ago America was dead, your country was dead, he said and now you have the hottest country anywhere in the world.<end_of_turn>
<start_of_turn>Donald Trump
That's a big statement and that was two months ago, but he said you went from a dead country, which is pretty hard to hear that. But it's true. I mean, think of it. We had a dead country; we had an embarrassment. All over the world they were laughing at us like we were a bunch of fools. We had a dead country.<end_of_turn>
<start_of_turn>Donald Trump
Now we have the hottest country anywhere in the world. There's no country even close to being as hot. And those great representatives of Japan that a few of you, including the Speaker, got to see in action, smart and sharp. And they said the same thing. They said, look, you have the hottest country in the world.<end_of_turn>
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<start_of_turn>Donald Trump
So, since I took office, the NASDAQ and the S&P 500, and they just did it again today, have set more than a dozen record highs. Core inflation is way down, below 2 percent. Think of that. And gas prices are the lowest they've been in many, many years. You know, it's interesting. I watch the Democrats, and they get on these shows.<end_of_turn>
<start_of_turn>Donald Trump
Well, prices are up, energy is up, gasoline is through the roof, food and groceries are up. They lie. One guy even said eggs are up and we reduced it by about five times. Think of it, eggs, because when I first got here, the first week they hit me, the fake news back there. They hit me -- first week they're screaming at me, eggs are through the roof.<end_of_turn>
<start_of_turn>Donald Trump
What are you going to do? I said this isn't my problem. This was -- Biden did this, not Trump, but they were screaming at me. I said, just give me a chance. And I will say our Secretary of Agriculture, Brooke, did a great job, Brooke Rollins. She did a great job. She's here too. Thank you, Brooke.<end_of_turn>
<start_of_turn>Donald Trump
But think of what we've done. Prices are all down. I don't think there's any price, other than we have a real, terrible, terrible head of the fed. And if he brought down interest -- you know, in Europe, the European Union, they've lowered their interest rate now 11 times and we haven't lowered ours at all.<end_of_turn>
<start_of_turn>Donald Trump
He's a stiff, he's a knucklehead. And I was very nice to him at the beginning because I know how to sell and, you know, at a certain point it didn't matter anymore because the guy is just not a smart person, shouldn't have been there. And I blame myself in a way for that. But I blame I blame Biden for extending, right?<end_of_turn>
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<start_of_turn>Donald Trump
I was surprised that they extended him, but they did. I think they extended him because they knew how much I couldn't stand him. [Laughter] So, they did it for that reason. But -- and he did lower the rate before the election two or three times. It's the only time he's really acted like that. But no, he's a bad job and he's hurting people.<end_of_turn>
<start_of_turn>Donald Trump
He's hurting people that can't get houses because they don't have mortgages. And I don't know if he knows it or not. He's either evil or stupid and either is really not acceptable. But he's not doing a good job. But it'll be -- he's only going to be there for a short while, not going to be there much longer.<end_of_turn>
<start_of_turn>Donald Trump
Our deregulation efforts are saving the typical family thousands and thousands of dollars. So, remember, when you're campaigning you got to remember this -- prices are down, groceries are down, oil is down, energy is down, gasoline is -- we hit $1.99 a gallon today in five different states. You know, in in California -- in California he keeps adding taxes.<end_of_turn>
<start_of_turn>Donald Trump
You know, you go to $7, $8, but I mean they just keep putting taxes on gasoline. It's crazy. I think you ought to take a look at that, Doug. It's ridiculous what he's doing out there, and he's really hurting people a lot. But we have -- in a free market, we have gasoline that's getting down to the low 2s and in some cases even breaking that.<end_of_turn>
<start_of_turn>Donald Trump
I think you're going to end up breaking it if Doug does his job with Chris, you're going to be drill baby drill, right, Doug? That's Doug. He really took that theme to heart. He's going wild actually, and we'll fill up the strategic reserves. You know, they used the big -- these are massive cavities in Earth that down that you wouldn't believe how big, and they took the oil out that we put in, we put in a lot at good prices.<end_of_turn>
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<start_of_turn>Donald Trump
And they took it out before the election, and it didn't really amount to that much for cars. You know, it didn't last that long actually because that's a big -- as big as those cavities -- we call them cavities, are -- caves are incredible, salt, they're salt mines and they have almost an unlimited capacity, but it is limited.<end_of_turn>
<start_of_turn>Donald Trump
And they were just about filled up to the top and for the election, they started emptying it. It wasn't meant for that. It was meant -- it was really meant for a military emergency. It wasn't meant to keep prices down so that somebody can win an election. But obviously, that didn't work. And the blue-collar workers have already seen their largest real wage increase in 60 years, another thing you can say.<end_of_turn>
<start_of_turn>Donald Trump
But the biggest thing you can say, and I told Mike today, I said, Mike, there's one thing where I don't believe we can lose. So, at the end of my first term, I was so proud of myself because I worked very hard and pharmaceuticals, drug prices went down for the first time in 28 years. Think of that, first time in 28 years they went down.<end_of_turn>
<start_of_turn>Donald Trump
You know what they went down? One quarter of one point -- a little much, the line was almost straight, it was like ski, but it went down, first time in many years, 28 I think. And I was so proud I called a news conference to announce that drug prices have gone down for the first time in many years.<end_of_turn>
<start_of_turn>Donald Trump
And I thought it was great, but then I did something much better. And this is what you have to run on. I have a friend who has a serious weight problem, serious. He's brilliant but extremely heavy. I'm being nice. And he takes Ozempic or as they call it, the fat drug. And he's a brilliant guy. He's rich, tough, highly neurotic.<end_of_turn>
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<start_of_turn>Donald Trump
He's a mess, he's a total mess, but he is brilliant and rich. And he was in London, and he calls me like, President -- he always used to call me Donny, now he calls me President, that's good. I like that better. He goes, President, what's going on, I just bought the Ozempic for $88, and in New York I pay $1,300. Same factory, same company that makes it, same everything, $88 to $1,300. He said almost $1,300. And I explained to him that that's the way it's been for many, many years where people actually go to Europe in order to buy drugs.<end_of_turn>
<start_of_turn>Donald Trump
When they come back, they're loaded up. In fact, sometimes they get arrested for having so much they think they're drug addicts. They just buy months of supply because it's sometimes one-tenth, one-eighth, one-fifth, one-half. It's a tremendous difference. And this is for the people in this room because this is something that nobody else can do. We're going to get the drug prices down, not 30 or 40 percent, which would be great, not 50 or 60 percent.<end_of_turn>
<start_of_turn>Donald Trump
No, we're going to get them down 1,000 percent, 600 percent, 500 percent, 1,500 percent -- numbers that are not even thought to be achievable, because I've used a certain talent that I have and convinced the drug companies that you have no choice. The drug companies were selling drugs, same company, in Europe and other places based on what Europe told them to sell them at. And they said let America pick up the difference and I wouldn't let it happen.<end_of_turn>
<start_of_turn>Donald Trump
I wouldn't let it happen. So, I invoked what's called a favored nations provision so that we will pay the same price as the lowest nation anywhere in the world and drugs will come down like from, as an example, $1,300 in the case I gave you, they'll come down from $1,300. Now in the world, they'll go up a little bit, not as much as you think because the world is bigger than the United States in terms of population, as you probably know.<end_of_turn>
<start_of_turn>Donald Trump
But it will go up, and maybe it will go up instead of $88 or $90, it will go up to $110 or $120 or $140. But we're going to come down to $140. So, you're going to have it coming down from $1,300 to $140, $150, $160. What difference -- I mean somewhere big. And it will be, you know, serious -- it will be numbers that nobody can even imagine.<end_of_turn>
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<start_of_turn>Donald Trump
That's going to have a huge impact on Medicaid, Medicare, even Social Security. It's going to have a huge impact on everything. So, I just want you to know that that's one of the things that you have, and they'll never be able to take it away from you. You know, when I said no tax on tips, Kamala got just killed.<end_of_turn>
<start_of_turn>Donald Trump
We won Nevada by a lot, you know, they have 99.9 percent of the people work in hotels, right? I said no tax on tips and a month later she said and there will be no tax on tips, and they got booed out of the room because they knew that was our issue. So, they'll try and pick up on this issue. They can't because we did it. But they'll try anyway, because they do lie terribly.<end_of_turn>
<start_of_turn>Donald Trump
We will have reduced drug prices by 1,000 percent by 1,100, 1,200, 1,300, 1,400, 700, 600. Not 30 or 40 or 50 percent, but numbers the likes of which you've never even dreamed of before. And we're working very hard right now to get the other countries to lift up their prices a little bit and to get the drug companies to put it to them.<end_of_turn>
<start_of_turn>Donald Trump
And if they don't, the drug companies will have a lot of problems, and they are mostly agreed to it. And if the countries don't then, as an example, if it's Europe, I'll say that's OK, you're no longer allowed to sell cars in America, you're no longer allowed to have Mercedes, BMW, Volkswagen or any of the other many cars.<end_of_turn>
<start_of_turn>Donald Trump
And they will say, oh, I love the idea of lower drug prices for America. So, you have to use that. You have to use that because it's -- I mean, I can't think of anything that could be more powerful than that, OK? And there's nothing more powerful than that and we can't forget about it. I said one thing I'm going to say, I said to the Speaker today, I said the one thing I'm going to bring up tonight because we have so many of the Congressional -- the Congressmen and women in the room.<end_of_turn>
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<start_of_turn>Donald Trump
But the one thing I'm going to bring up is what we did with, we call it favored nations. But -- so we're going to have the lowest drug prices anywhere in the world. We'll have -- we'll be tied for the lowest drug price essentially anywhere in the world. And you can win your election. I don't care where you come from, that helps everybody.<end_of_turn>
<start_of_turn>Donald Trump
There's no other point, I think, that can -- what do you think, Mary, do you agree?<end_of_turn>
<start_of_turn>Mary Miller
Absolutely.<end_of_turn>
<start_of_turn>Donald Trump
OK, I agree too, Mary. You'd better agree, Mary, if you didn't agree -- if you didn't agree. But no, it's an amazing thing and nobody thought that was even possible. We've negotiated historic trade deals with the United Kingdom, Indonesia, China, today Japan and the Philippines. We just did the Philippines today also, a good deal.<end_of_turn>
<start_of_turn>Donald Trump
We have stopped wars between India and Pakistan, the Democratic Republic of the Congo and Rwanda -- that was going on for 30 years. And by the way, India-Pakistan was probably going to end up in a nuclear war if they kept -- you know they had -- they shot down five planes in the last attack and it was back and forth, back and forth, back and forth.<end_of_turn>
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<start_of_turn>Donald Trump
And I called them, and I said, listen, no more trade. If you do this, you're not going to be good. But they have both -- they're both powerful nuclear nations and that would have happened and who knows where that would have ended up. And I stopped it. Iran, you saw we took out their entire capability of nuclear.<end_of_turn>
<start_of_turn>Donald Trump
Kosovo and Serbia, we stopped that, and a couple of others that we didn't stop a war, but we stopped what probably could have ended up in a war. And we do that on the House. It's compliments of America, OK. Do you think Biden would do that? I don't think so. Do you think he ever heard of any of those countries?<end_of_turn>
<start_of_turn>Donald Trump
I don't think so. I was sitting there screaming back and forth with Japan and somebody said, can you imagine Biden doing this? I don't think so. There would be no negotiation. We'd just be ripped off like we have been for -- we've been ripped off so many years by friend and foe. And you know what? The friend has been worse in many cases than the foe but ripped off on trade and other things.<end_of_turn>
<start_of_turn>Donald Trump
And I'm very proud to tell you that with NATO, the European -- if you look, the European countries essentially will be buying our equipment, paying 100 percent on the dollar. And then they're going to distribute it to where they're going to distribute it, which is going to be to Ukraine or whatever, but they're buying it. So, we're not going to have the expense of giving away -- Biden gave away $350 billion worth of equipment or cash -- worse than equipment, cash.<end_of_turn>
<start_of_turn>Donald Trump
So, we want to find out about that someday, I guess, right? But they were supposed to buy their own equipment. But you know, I have a feeling they didn't spend every dollar on the equipment. But they are brave. Look, they are fighting a hard fight and we're no longer going to be doing that. Our great companies, we make the best military equipment in the world and our great companies are going to be selling now and they'll be using it. So, even those people that don't want to be in the war, and I'm one of them, but even those people are saying, wow, that's pretty good.<end_of_turn>
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<start_of_turn>Donald Trump
That's pretty good. So, they'll be able to defend themselves and we will no longer be paying for it. And I think that's a very big -- I think that's a very big thing. So, we've achieved incredible things in a very short period of time. And in polling released just last week it was announced that the approval for Congressional Democrats under Hakeem Jeffries has reached the lowest ever recorded, 19 percent.<end_of_turn>
<start_of_turn>Donald Trump
And Republicans are doing well. And I have the best numbers I've ever had. You know, it's amazing. I watch people on television -- well, what about Donald Trump's polling numbers? Yeah, they're the best numbers I've ever had. And with this made-up hoax that they're talking about, my numbers have gone up 4 and 5 points.<end_of_turn>
<start_of_turn>Donald Trump
They want to do anything to get us off the subject of making America great again. And we're not going to put up with it. And remember, don't let them forget, it's so important, Obama cheated on the election. Look, the camera just went off. Obama, the red light just went off. Can you believe these people, how bad they are?<end_of_turn>
<start_of_turn>Donald Trump
Obama cheated when -- they give you all nonsense -- Obama cheated, and his people cheated. But he was there, do you ever hear this? They talk about -- if they ever even mention it, they never mention his name. Just the opposite with me, but they only mention my name. They don't mention any of you guys. They don't mention Tom, they don't mention Steve, they don't mention our great Speaker.<end_of_turn>
<start_of_turn>Donald Trump
They mention Trump all the time. I'd like to have him mention you. [Laughter] But remember this, Obama cheated on the election, and we have it cold, hard, blue and it's getting even more so because the stuff that's coming in is not even believable. So -- and you should mention that every time they give you a question that's not appropriate, just say, oh, by the way, Obama cheated on the election.<end_of_turn>
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<start_of_turn>Donald Trump
You'll watch the camera turn off instantly. [Laughter] But I want to thank all of you again, once again. This is an incredible job. It's incredible people, really incredible people. And you know, it's very interesting. I got to know so many of you over the last six months really, but so many of you, some I didn't know.<end_of_turn>
<start_of_turn>Donald Trump
But you have tremendous talent, and you have a some I spoke to too much, and I particularly like the ones I didn't have to speak to at all, Mary. I didn't have to call Mary. But in particular -- but no, but I like them all. Look, in the end, we got there, we got the vote of almost all, a couple of people that will never vote, no matter what.<end_of_turn>
<start_of_turn>Donald Trump
You know, they think it's so cool not to vote. They have no suggestions. They have no ideas. They have no nothing, they just want to vote no, I don't know why. They're not doing very well in the polls right now, by the way, I'll tell you right now. But I want to just, if I could for a second, because he really deserves, truly a spectacular person, spectacular man.<end_of_turn>
<start_of_turn>Donald Trump
I'd like to ask the Speaker, Mike Johnson, to come up and say a few words.<end_of_turn>
<start_of_turn>Mike Johnson
Mr. President, I'm not going to speak long, these guys hear me talk all the time, OK. [Booing; Laughter] I just want to say that we have been making history together and we're making history because you are the visionary, bold, strong leader that America needed. The American people recognized that, they gave us a mandate and we're delivering on it. The exciting thing about the Big, Beautiful Bill is America First is no longer just an agenda, it is now the law of the land, my friends.<end_of_turn>
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<start_of_turn>Mike Johnson
I could go by a name, person by person, and I should name their spouses as well. All the members in this room, everybody deserves the credit. They underestimated us all the time, all the time, every day, because our margin is so small, but we do not accept that as our fate. We've worked together.<end_of_turn>
<start_of_turn>Mike Johnson
This was prayer and patience and preparation and teamwork that got it done. We began this about a year and a half before that bill was delivered. The deliberate work down in the trenches, I could name the chairmen of all of our committees, 11 committees of jurisdiction that worked on the Big, Beautiful Bill.<end_of_turn>
<start_of_turn>Mike Johnson
All the members in here who contributed their ideas, their thoughts, their expertise. They gave their heart and soul to it, Mr. President, because they wanted to deliver for you and deliver for the people, and we did it together. And I'm telling you this is landmark stuff. There's not anything bigger, I think, we may ever work on ever in this legislative arena because it may not even be possible, but we did it. And I'm so grateful and I'm so thankful and humbled to work with this group.<end_of_turn>
<start_of_turn>Mike Johnson
Mr. President, they are committed to the country as you are. You are the strong leader, the example for us. With your stamina we know we can never sleep, OK. [Laughter] We've got much more to do, much more to do to deliver for the people and are going to do it. We thank you for the opportunity. Thank you for this celebration.<end_of_turn>
<start_of_turn>Mike Johnson
Everybody here deserves it. God bless.<end_of_turn>
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<start_of_turn>Donald Trump
Fantastic. Thank you, everybody. Thank you. Thank you, everybody. Thank you.<end_of_turn>
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<start_of_turn>Donald Trump
You feel comfortable with all those cameras, right? [Laughs] There's a little more room over here if you want.<end_of_turn>
<start_of_turn>Donald Trump
Thank you very much. We had a very good meeting. We're talking about a lot of different things. Consumer prices have actually dropped. There's very little inflation. Everybody predicted a lot of inflation, very little inflation. Energy costs are down, interest rates are probably down. They scatter, but they're probably down.<end_of_turn>
<start_of_turn>Donald Trump
Prescription drug prices are even to down. We're doing very well. It's been amazing. We had a big day yesterday. There will always be transition difficulty, but we had a -- in history, it was the biggest day in history, the markets. So, we're very, very happy with the way the country is running. We're trying to get the world to treat us fairly.<end_of_turn>
<start_of_turn>Donald Trump
This is something that should have been done 25 years ago and it wasn't. It should have been done 40 years ago, and it wasn't. But no president was willing to take it on. But you had to -- it's not sustainable, it wasn't sustainable. And as you know, without a lot of money being added, there's a lot of money that we could add, the country is making approximately $2 billion a day.<end_of_turn>
<start_of_turn>Donald Trump
And when you think of it, that's -- we've never done that before, never come close to it. And the number is probably $3.5 billion a day. And that makes us a very strong country. But we have Scott here and Howard and some of the people that are working on deals. And the biggest problem they have is they don't have enough time in the day, everybody wants to come and make a deal.<end_of_turn>
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<start_of_turn>Donald Trump
And we're working with a lot of different countries and it's all going to work out very well. I think it's going to work out really very well, but we're in good shape. There's no inflation. There's very little inflation. And I went four years without inflation, and I tariffed -- I took in hundreds of billions of dollars from China and others, taxes in China.<end_of_turn>
<start_of_turn>Donald Trump
But we took in hundreds of billions of dollars a year from China and we had no inflation essentially. So, we think we're in very good shape. We think we're doing very well. Again, there'll be a transition cost and transition problems, but in the end, it's going to be a beautiful thing. We're doing again what we should have done many years ago, we let it get out of control, and we allowed some countries to get very big and very rich at our expense.<end_of_turn>
<start_of_turn>Donald Trump
And it's not going to -- can't let that happen. It's not a sustainable formula. So, I wanted to just thank everybody at the table. And maybe I'll go around and ask some of you a little short couple of answers. Pete just got back from Panama, and he's been all over the place and you want to give us a little report on that and whatever else you might have to say.<end_of_turn>
<start_of_turn>Donald Trump
Everyone at this table is doing an incredible job, by the way, I have to say, incredible. And the relationships are -- it's like they're friends, they're really -- the relationships are very strong, really good, really strong. And these meetings are very good. And I think having -- I don't believe there's any other president that allowed the press to come into a meeting such as this.<end_of_turn>
<start_of_turn>Donald Trump
These are very sacred meetings. These are very private meetings, but we have nothing to hide, and I think it's good. I think it's a good -- we want to be -- a word you like to use, Jeff, is transparent. So, we want to be transparent, and we'll do that by starting with Pete. Go ahead, Pete.<end_of_turn>
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<start_of_turn>Pete Hegseth
Yes, Mr. President, we just got back from Panama last night. We were at the Panama Canal with our SOUTHCOM commander ships, F-18s, troops and signed a couple of historic deals, one which is with the Panama Canal Authority, a framework for US vessels first and free through the Panama Canal. And then also a memorandum of understanding with their security minister for the presence of US troops.<end_of_turn>
<start_of_turn>Pete Hegseth
Fort Sherman is an old US base there, as well as their naval station and air station jointly with Panama to secure the Panama Canal from Chinese influence. That's something you said, we're taking back the canal. China has had too much influence, Obama and others let them creep in. We, along with Panama, are pushing them out, sir.<end_of_turn>
<start_of_turn>Pete Hegseth
And so, we had a very successful trip. Their president, President Mulino, sends his regards, very complimentary of the US. He's a great ally and I think he -- they want the communist Chinese out and with our troops there partnering with their forces, we've got a chance to push them all the way out, sir.<end_of_turn>
<start_of_turn>Donald Trump
We've moved a lot of troops to Panama and filled up some areas that we used to have, and we didn't have any longer, but we have them now and I think it's in very good control.<end_of_turn>
<start_of_turn>Pete Hegseth
Yes, sir.<end_of_turn>
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<start_of_turn>Donald Trump
OK. Thank you, Pete. Very good. Howard.<end_of_turn>
<start_of_turn>Howard Lutnick
So, we have so many countries to talk to. It's incredible. I think Scott and I -- I'm not sure we could ever have enough time in the day to talk to all these countries because they want to talk and they want to talk now and they come with offers that they never ever would have come with, but for the moves that the president has made demanding that people treat the United States with respect.<end_of_turn>
<start_of_turn>Howard Lutnick
We're getting the respect we deserve now and I think you're going to see historic deals one after the other.<end_of_turn>
<start_of_turn>Howard Lutnick
And then I'm very excited that with a week and a half we're going to start with the Gold Card and the Trump Card. It's coming out. And we're very excited about that, and that's coming soon. So very excited.<end_of_turn>
<start_of_turn>Donald Trump
Thank you very much. Good job. Linda?<end_of_turn>
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<start_of_turn>Linda McMahon
Well, a couple of fronts, um, we have been addressing the issue of antisemitism on campuses. There's been some grant funding and contract funding that we've reviewed, and some canceled and some we've put on hold, waiting for that while we do an investigation. On the other side of what my responsibilities are and having education go back to the states, we're meeting and talking with governors.<end_of_turn>
<start_of_turn>Linda McMahon
I was with, this week, all 50 commissioners of Education around the country. And because we also want to provide them with tools and best practices as education does move back to the states. We're making great progress, great response from the states. And very positive.<end_of_turn>
<start_of_turn>Donald Trump
And what about colleges? You're holding back $400 million from Columbia?<end_of_turn>
<start_of_turn>Linda McMahon
From Columbia.<end_of_turn>
<start_of_turn>Donald Trump
$8 billion from Harvard. Can you imagine the money we pay Harvard. They have a $60 billion fund and we're giving them $8 billion. And we're trying to figure that out. And then they hire de Blasio, the worst mayor in the history of New York. And they hired the woman from Chicago who was a disaster, a total disaster.<end_of_turn>
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<start_of_turn>Donald Trump
And they pay them massive salaries. And they're supposed to be teaching you government. That's not Harvard. That's not Harvard the way it used to be, so. Do you have anything to say about that? The -- the dollars you're holding back from quite a few universities that were not behaving.<end_of_turn>
<start_of_turn>Linda McMahon
Yeah, we -- and -- and -- yeah, and the other, the Princeton, Cornell, others that are coming in. And actually getting calls now from the presidents of the universities who really do want to come in and sit down and have discussions. And so, we're investigating them. But in the meantime, we're -- we're holding -- holding back the grant and fund money.<end_of_turn>
<start_of_turn>Donald Trump
Thank you. Great job. Thank you.<end_of_turn>
<start_of_turn>Russell Vought
Very thankful for the House voting for the President's budget resolution along with the Senate bill. We've made a ton of progress this week in working with members to ensure that a desire for flexibility in the Senate was not misconstrued as a desire not to slow and do spending reforms. And so we're very thankful for that.<end_of_turn>
<start_of_turn>Russell Vought
And now we can get after writing that bill, getting the president as big a package of his agenda to his desk. So a very good week ahead.<end_of_turn>
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