Trump press conference after Supreme Court tariffs decision, Iran war threat

[0:06] Wow. That's a lot of people. That's a new record. [0:11] We set a record every time. [0:13] Well, thank you very much for being here. [0:16] The Supreme Court's ruling on tariffs [0:20] is deeply disappointing, [0:23] and I'm ashamed of certain members of the court. [0:27] Absolutely ashamed for not having the courage [0:30] to do what's right for our country. [0:33] I'd like to thank and congratulate Justices Thomas, [0:36] Alito, and Kavanaugh for their strength and wisdom [0:41] and love of our country, [0:43] which is, right now, very proud of those justices. [0:49] When you read the dissenting opinions, [0:51] there's no way that anyone can argue against them. [0:55] There's no way. [0:57] Foreign countries that have been ripping us off for years [1:00] are ecstatic. [1:03] They're so happy. [1:05] And they're dancing in the streets, [1:06] but they won't be dancing for long. [1:09] That I can assure you. [1:11] The Democrats on the court are thrilled, [1:16] but they will automatically vote no. [1:17] They're an automatic no, [1:18] just like any other. [1:19] In Congress, they're an automatic no. [1:22] They're against anything that makes America strong, [1:25] healthy, and great again. [1:28] They also are a, frankly, disgrace to our nation, [1:32] those justices. [1:35] They're an automatic no, no matter how good a case you have. [1:37] It's a no. [1:40] You can't knock their loyalty. [1:43] It's one thing you can do with some of our people. [1:50] Others think they're being politically correct, [1:52] which has happened before far too often [1:55] with certain members of this court. [1:58] And it's happened. [1:58] It's happened so often with this court. [2:00] What a shame. [2:02] Having to do with voting in particular, [2:05] when in fact they're just being fools and lapdogs [2:08] for the rhinos and the radical left Democrats. [2:11] And not that this should have anything at all to do with it. [2:16] They're very unpatriotic and disloyal to our Constitution. [2:20] It's my opinion that the court has been swayed [2:22] by foreign interests and a political movement [2:25] that is far smaller than people would ever think. [2:29] It's a small movement. [2:31] I wouldn't buy it. [2:33] By millions of votes, we won in a landslide. [2:37] With all the cheating that went on, there was a lot of it. [2:39] But we still won in a landslide. [2:40] Too big to rig. [2:42] But these people are obnoxious, ignorant, and loud. [2:45] They're very loud. [2:47] And I think certain justices are afraid of that. [2:51] They don't want to do the right thing. [2:53] They're afraid of it. [2:55] This was an important case to me. [2:57] Moore is a symbol of economic national security. [3:02] And also, I would say, just for our country itself, [3:07] so important because we're doing so well [3:10] as a country. [3:10] We've never done so well. [3:12] The good news is that there are methods, practices, [3:16] statutes, and authorities, as recognized by the entire [3:21] court in this terrible decision, and also as [3:24] recognized by Congress, which they refer to, [3:28] that are even stronger than the IEPA tariffs [3:30] available to me as President of the United States. [3:33] And, in actuality, I was very modest in my ask [3:37] of other countries and businesses because I wanted [3:41] to do, and it's very important, I wanted to be [3:45] very well-behaved because I wanted to do anything. [3:49] I didn't want to do anything that would affect [3:51] the decision of the court because I understand the [3:54] court. [3:55] I understand how they are very easily swayed. [4:00] I want to be a good boy. [4:02] I have very effectively utilized tariffs over the [4:07] past year to make America great again. [4:10] Our stock market has just recently broken 50,000 on [4:14] the Dow. [4:15] And simultaneously, and even more amazingly, [4:19] broken 70, broken 7,000 on the S&P, two numbers that [4:24] everybody thought, upon our landslide election [4:28] victory, could not be attained. [4:31] Think of that. [4:32] Nobody thought it was possible to do it within [4:34] four years, and we did it in one year. [4:38] They said, you'll never be able. [4:39] You'll go back and you read the geniuses, read [4:43] their statements, all of the Nobel Prize winners in [4:48] economics. [4:49] They said, no, you couldn't do it in four [4:50] years. [4:52] Well, we didn't do it in four years. [4:53] We did it in one year. [4:55] We broke every record in the book, and we're [4:57] continuing to do so. [4:59] Tariffs have likewise been used to end five of the [5:04] eight wars that I settled. [5:05] I settled eight wars, whether you like it or not, [5:08] including India, Pakistan, big ones, nuclear. [5:10] It could have been nuclear. [5:13] Prime Minister of Pakistan said yesterday, at the [5:16] great meeting that we had, the Peace Board, he said [5:21] yesterday that, [5:22] President Trump could have saved 35 million [5:24] lives by getting us to stop fighting. [5:27] They were getting ready to do some bad things. [5:31] But they've given us great national security, [5:33] these tariffs have. [5:35] And together with our strong borders, reduced [5:37] fentanyl coming into our country by 30 percent. [5:41] When I used them as a penalty against countries [5:44] illegally sending this poison into our country [5:48] to poison our youth, all of those tariffs remain. [5:52] They all remain. [5:53] I don't know if you know that or not. [5:55] They all remain. [5:56] Thank you. [5:56] We're still getting them. [5:59] And we will after the decision. [6:00] I guess there's nobody left to appeal to. [6:03] But again, those three people, such respect. [6:06] I've had a lot of respect for them anyway, but such [6:08] great respect. [6:09] But other alternatives will now be used to [6:11] replace the ones that the court incorrectly rejected. [6:15] We have alternatives, great alternatives. [6:19] It could be more money. [6:20] We'll take in more money, and we'll be a lot stronger [6:23] for it. [6:24] We're taking in hundreds of billions of dollars. [6:26] We'll continue to do so, to show you how ridiculous [6:30] the opinion is. [6:31] However, the court said that I'm not allowed to [6:34] charge even one dollar. [6:35] I can't charge one dollar. [6:37] I can't charge a dollar. [6:40] I would have used one penny, but we don't make [6:42] the pennies anymore. [6:43] We save money. [6:44] I can't charge one dollar to any country under AIPA. [6:49] Not one dollar. [6:52] I assume to protect other countries. [6:53] This must have been done to protect those other [6:55] countries, certainly not the United States of [6:57] America, which they should be interested in protecting. [7:01] That's what they're supposed to be protecting. [7:03] But I am allowed to. [7:04] I am allowed to cut off any and all trade or [7:07] business with that same country. [7:09] In other words, I can destroy the trade. [7:11] I can destroy the country. [7:13] I'm even allowed to impose a foreign country [7:17] destroying embargo. [7:18] I can embargo. [7:20] I can do anything I want, but I can't charge one [7:22] dollar, because that's not what it says. [7:27] And that's not the way it even reads. [7:30] I can do anything I want to do to them, but I can't [7:33] charge any money. [7:37] So I'm allowed to destroy the country, but I can't [7:39] charge them a little fee. [7:40] I could give them a little two-cent fee, but I [7:44] cannot charge under any circumstances. [7:46] I cannot charge them anything. [7:49] Think of that. [7:49] How ridiculous is that? [7:50] I'm allowed to embargo them. [7:52] I'm allowed to tell them, you can't do business in [7:54] the United States anymore. [7:55] We want you out of here. [7:58] But if I want to charge them $10, I can't do that. [8:01] It's incorrect. [8:02] Their decision is incorrect. [8:04] But it doesn't matter, because we have very [8:06] powerful alternatives that have been approved by [8:09] this decision. [8:10] You know, they've been approved by the decision. [8:12] For those that thought they had us. [8:15] And they're saying that I have the absolute right to [8:19] license, but not the right to charge a license fee. [8:22] So think of that. [8:23] I have the right to license, which is a very [8:25] powerful word. [8:26] In many ways, license is more powerful than tariffs. [8:28] In fact, I was thinking about using it. [8:31] But they came up with the idea that I can license, [8:34] just like the people that were opposing me told them [8:38] to do, but not the right to charge a license fee. [8:42] Think of that. [8:43] Who ever heard of such a thing? [8:45] No license has ever been issued without the right [8:47] to charge a fee. [8:48] You get a license, you charge a fee. [8:50] It's automatic, but not with this court. [8:53] But now the court has given me the unquestioned [8:55] right to ban all sorts of things from coming into [8:58] our country, to destroy foreign countries. [9:02] But a much more powerful right than many people [9:05] ever thought we even had, but not the right to [9:08] charge a fee. [9:10] How crazy is that? [9:12] Our country is the hottest country anywhere in the [9:15] world right now. [9:17] And it was a dead country. [9:18] One and a half years ago, under an incompetent [9:20] president. [9:21] But now I'm going to go in a different direction, [9:25] probably the direction that I should have gone [9:29] the first time. [9:30] But I read the language. [9:32] I'm very good at reading language, and it read our [9:34] way 100 percent. [9:35] But now I'll go the way I could have gone [9:37] originally, which is even stronger than our original [9:41] choice. [9:42] As Justice Kavanaugh, whose stock has gone so [9:46] up, you have to see, I'm so proud of him, wrote in [9:51] his dissent. [9:52] Although I firmly disagree with the court's holding [9:55] today, the decision might not substantially constrain [9:59] a president's ability to order tariffs going forward. [10:04] So think of that. [10:07] The decision might not substantially constrain. [10:11] And it doesn't. [10:12] He's right. [10:13] In fact, I can charge much more than I was charging. [10:17] So I'm going to just start. [10:18] Although I firmly disagree with the court's holding [10:20] today, the decision might not substantially constrain [10:25] a president's ability to order tariffs going forward. [10:26] That's because numerous other federal statutes, [10:32] which is so true, authorized the president to [10:35] impose tariffs and might justify most, if not all, [10:40] of the tariffs issued in this case. [10:43] Even more tariffs, actually. [10:45] Those statutes include think of that. [10:49] Those statutes include, for example, the Trade [10:53] Expansion Act of 1962, Section 232. [10:58] All of these things. [10:59] I know so well. [11:00] The Trade Act of 1974, Sections 122, 201, 301. [11:06] And the Tariff Act of 1930, Section 338. [11:10] All clear, but it's a little bit longer process. [11:14] I thought I'd make things simple, but they didn't [11:17] let us do that. [11:18] I would like to thank Justice Kavanaugh for his, [11:20] frankly, his genius and his great ability. [11:24] I'm very proud of that appointment. [11:28] In actuality, while I am sure that they did [11:32] not mean to do so, the Supreme Court's decision [11:36] today made a president's ability to both regulate [11:38] trade and impose tariffs more powerful and more [11:42] crystal clear rather than less. [11:45] I don't think they meant that. [11:47] I'm sure they didn't. [11:50] It's terrible. [11:52] And to think that the Democrats who oppose this [11:55] only because they want to go the opposite way. [11:58] They'd like to pack the court. [11:59] They want to put on 21 people. [12:01] They want to pack the court, pack the Supreme Court. [12:04] Maybe they should do it. [12:06] Maybe they would. [12:06] They'd be better off if they did it. [12:08] They want to pack the court. [12:10] They want to do anything to hurt our country. [12:14] There will no longer be any doubt. [12:16] And the income coming in and the protection of our [12:19] companies and country will actually increase because [12:23] of this decision. [12:24] I don't think the court meant that, but it's the [12:28] way it is. [12:29] Based on longstanding law and hundreds of victories, [12:33] and even, as I was pointed out before, even [12:36] thousands of victories over the years, to the [12:39] contrary, the Supreme Court did not overrule [12:42] tariffs. [12:42] They merely overruled a particular use of IEPA [12:47] tariffs. [12:48] And essentially, it's to use to get a fee. [12:51] I can do anything I want with IEPA. [12:54] Anything. [12:55] I just can't charge anybody for it. [12:58] I can license. [12:59] I just can't charge them. [13:00] It's ridiculous. [13:01] But it's okay because we have other ways, numerous [13:05] other ways. [13:06] The ability to block, embargo, restrict, [13:10] license, or impose any other condition on a [13:15] foreign country's ability to conduct [13:17] trade with the United States under IEPA has been [13:22] fully confirmed by this decision. [13:25] So now there's no doubt because, you know, there [13:27] were a lot of questions about tariffs because no [13:29] President was smart enough to use them to protect our [13:31] country from those countries and businesses [13:34] that were ripping us off. [13:36] You took a look at the deficits that we had with [13:38] some of these countries. [13:39] It was disgraceful what they got away with for [13:41] many, many decades. [13:44] But now we know because this decision affirms all [13:47] those things that some people weren't sure about. [13:51] In order to protect, and it says so, in order to [13:54] protect our country, a President can actually [13:57] charge more tariffs than I was charging in the past [14:02] period of a year under the various tariff [14:06] authorities. [14:07] So we can use other of the statutes, other of the [14:11] tariff authorities, which have also been confirmed [14:17] and are fully allowed. [14:20] Therefore, effective immediately, all national [14:23] security tariffs under Section 232 and existing [14:27] Section 301 tariffs, they're existing, they're [14:30] there, remain in place, fully in place, and in full [14:37] force and effect. [14:39] Today, I will sign an order to impose a 10 percent [14:41] global tariff under Section 122 over and above [14:46] our normal tariffs already being charged. [14:49] And we're also initiating several Section 301 and [14:53] other investigations to protect our country from [14:57] unfair trading practices. [15:00] Other countries and companies. [15:04] Thank you for your attention to this matter. [15:06] And I say quite simply, which I've said for a long [15:10] time, make America great again. [15:12] And interestingly, we've already made it great, so [15:16] I don't have to use that, but I don't think we'll [15:18] ever give up on MAGA. [15:19] MAGA is always going to be with us. [15:21] If you have a few questions, you can let us [15:24] know. [15:25] But just to end, so we're going forward. [15:28] We will be able to take in more money. [15:32] And there will no longer be doubt, because there [15:34] was always doubt. [15:36] I know the people that brought the lawsuit. [15:38] And, you know, they're sleazebags, major [15:40] sleazebags, but I know them. [15:42] And they're foreign-country-centric. [15:46] They were sending things into our country, and [15:50] the people representing them knew full well. [15:53] But they were sending things into our country, [15:56] and they were beneficial to other countries, but [15:58] very, very bad for us. [16:01] And I stopped it, and we'll just keep it going. [16:03] So, we have more. [16:04] We have a totally firm decision now. [16:08] And I don't think the Court meant it, because the [16:10] Court doesn't show great spirit toward our country, [16:14] in my opinion. [16:15] There's a lot of bad decisions. [16:16] But there are usually ways around it. [16:20] This is something we could have done. [16:21] As Justice Kavanaugh said, we could have done this [16:23] originally, but we're doing it now. [16:25] And the numbers could be far greater than the [16:27] hundreds of billions we've already taken in. [16:29] Yeah, please. [16:30] The Press Thank you, Mr. President. [16:33] Mr. President, I'm very curious. [16:35] The Press Thank you so much, Mr. President. [16:38] Justice Thomas and Alito, as you know, are the [16:40] most conservative constitutional justices. [16:43] Do you think that you'll get to appoint two more [16:44] justices later this term with similar ideologies? [16:47] And what type of vetting process will they go [16:49] through to ensure the uphold of the Constitution? [16:51] The President I don't know, but they're great [16:52] justices. [16:52] That's all I can say. [16:54] And I hope they're going to be around a long time. [16:56] I hope they're going to stay healthy. [16:57] They're great people. [16:58] They're great. [16:58] And Justice Alito, too, to add to the group. [17:01] These are great. [17:02] These are great men. [17:03] The Press Right. [17:03] The President They're with a great level of [17:06] love of our country and a great understanding of the law. [17:28] The Press Thank you, Mr. President. [17:29] The Press Thank you, Mr. President. [17:30] The President I went to a great, great place, [17:34] great plant, great, wonderful people. [17:37] And they were telling me, I said to them, you were [17:39] there, a lot of the press in this room. [17:42] Of course, I don't think this plane is big enough [17:44] to take the press in this room, but a lot of the [17:47] press right here. [17:47] We're in Georgia. [17:49] And I said to the owner of, I made a speech at a [17:52] factory. [17:53] They make steel products. [17:54] And I said, how are you? [17:56] Nice to meet you. [17:58] How's business? [17:59] President, I'd love to kiss you. [18:02] This is a very powerful man. [18:03] I don't want to be kissed by that man, but a very [18:06] powerful, strong man. [18:07] He's been in the steel business for many years. [18:09] His father started it. [18:12] And he said, sir, I want to kiss you. [18:14] I said, why? [18:15] He said, because we were down to working one hour a [18:18] week, and then you came in and imposed tariffs. [18:21] And all of that foreign junk that they were [18:24] dropping into our country stopped. [18:27] And we're now going to double shifts, seven [18:30] days a week. [18:31] And we may be very soon going to 24 hours around [18:34] the clock, almost seven days a week. [18:36] He said, sir, I want to kiss you so badly. [18:39] And I said, no, thank you. [18:40] But you know what? [18:42] He just and just to finalize it, he said, oh, [18:45] this is a great place in Georgia, in Georgia. [18:48] He said all up and down the highway. [18:52] Same exact answer, sir. [18:54] We're all going out of business. [18:55] We're going to go bankrupt. [18:56] We're all going out of business. [18:58] And now every one of us are thriving and we're [19:00] hiring people. [19:02] Like we haven't. [19:03] He said, like I've never. [19:05] And he's been in business for, I think, 45 years, [19:07] like we've never hired before. [19:09] That's because of tariffs. [19:10] And we're going to keep it going the same way. [19:12] And you're going to start to see the results in a [19:14] year from now when all those factories start that [19:17] are under construction right now. [19:18] You see all the construction numbers are so [19:20] good. [19:21] Those construction workers are building [19:22] factories that are going to be open, including not [19:25] only AI, which is big, but car plants coming in [19:29] from Canada, who ripped us off for 30 percent of our [19:32] market. [19:33] Mexico ripped us off for a big portion. [19:35] Over the years, they've taken our market. [19:38] They've taken our cars. [19:39] They manufacture them in Japan, Germany, and all [19:42] over the place because nobody standing in this [19:45] position, the position I have as President of the [19:48] United States, had the insight, the courage. [19:51] Well, I don't know what it is to charge tariffs. [19:55] You can make your product outside. [19:57] You can put our people out of business. [19:59] You can put everybody on the unemployment rolls. [20:03] But if you're going to make a car in some other [20:04] country, you're going to pay a 15, 20, 30 percent [20:07] tariff. [20:08] And those things would have never happened. [20:09] We wouldn't have lost our business. [20:11] Same thing with, as an example, Taiwan. [20:14] Taiwan came in. [20:16] They stole our chip business. [20:17] They make chips. [20:18] For 30 years longer, they made chip, chip, chip. [20:22] And they put our companies. [20:25] Intel would be now the largest company. [20:27] I saved Intel. [20:29] I literally saved it at the beginning of this [20:32] administration. [20:33] And now? [20:34] All those companies in Taiwan are building [20:37] factories in Arizona, Texas, and various other [20:41] places because they don't want to pay tariffs. [20:43] They're all pouring into the United States. [20:45] But just like that great patriot said yesterday, [20:49] Sir, what you've done, nobody thought was possible. [20:53] And Steve Moore, a highly respected economist, came [20:57] into my office yesterday. [20:58] He said, You've done something nobody has ever done. [21:00] Twenty-two Nobel Prize winners in economics said, [21:06] I would right now be in a recession. [21:09] And you said, No, we're going to have a booming [21:12] country. [21:12] We're going to have a booming country. [21:13] You were right. [21:14] All 22 were wrong, and you were right. [21:18] This country is booming. [21:19] And it's booming because of the election on [21:22] November 5th. [21:23] And it's booming for another reason. [21:25] It's booming because of tariffs. [21:26] Yeah, please. [21:27] Go ahead. [21:29] The Press Thank you, Mr. President. [21:30] The President Thank you, Mr. President. [21:31] The Press Thank you, Mr. President. [21:33] What will you say to foreign nations who seek [21:36] to renegotiate their deals? [21:37] And what do you mean by that? [21:38] What did you mean a moment ago when you said [21:39] that the Supreme Court has been swayed by [21:41] foreign interests? [21:42] The President Well, I think that foreign [21:44] interests are represented by people that I believe [21:48] have undue influence, have a lot of influence [21:50] over the Supreme Court, whether it's through fear [21:53] or respect or friendships. [21:56] I don't know. [21:57] But I know some of the people that were involved [21:59] on the other side, and I don't like them. [22:01] I think they're real slimeballs. [22:03] And you got to do what's right for the country. [22:06] You got to do what's right for the Constitution. [22:08] That's why I read the Constitution. [22:09] I respect so much Justice Thomas and Alito, [22:13] Kavanaugh, because they not only dissented, [22:16] their dissent is so strong. [22:18] When you read their dissent, you know, [22:19] a lot of times you'll read a dissent and it's like, [22:22] well, you don't know, it could go either way. [22:24] There's no other way. [22:25] The good news is, it's like Justice Kavanaugh said, [22:28] very strongly said, you have other ways you can go. [22:31] You don't have to go that way. [22:31] You can go other way. [22:32] There are numerous other ways you can go. [22:35] And frankly, this should have been done by [22:37] Presidents many years ago. [22:39] They allowed our country to be eaten alive. [22:42] We lost 50 percent of our car business. [22:44] Make we used to make cars. [22:46] We made all the cars. [22:47] And then Mexico came, Canada came, Japan and [22:51] Germany. [22:52] But they're all coming back now. [22:54] They're all coming back at record level. [22:56] The Press Please, please. [23:03] I'm not, I'm not talking to you. [23:04] I'm talking. [23:05] I don't talk. [23:06] I don't talk to CNN. [23:07] It's fake news. [23:08] Go ahead. [23:08] The Press Mr. President, yesterday you made the [23:10] case that the economy is the hottest it's been in a [23:12] long time. [23:13] January jobs report beat expectations. [23:15] CPI report beat expectation. [23:16] Real wages are up. [23:18] What would you tell Americans who are worried [23:20] that this decision will kind of throw the economy [23:22] that you have projected going in the right [23:24] direction at a very rapid pace off track? [23:27] The President Well, thank you for the question. [23:28] And I will say this. [23:30] We really are at a very important point. [23:34] I've been waiting for this decision so long. [23:37] They could have made this decision a long time ago. [23:39] Not complex. [23:40] They're wrong on it. [23:41] It's a ridiculous decision. [23:42] But they should have released it. [23:43] They should have released this a long time ago. [23:45] We waited months. [23:46] And that gave uncertainty. [23:47] Now we have certainty. [23:49] And I think you're going to see the country get much [23:51] stronger because of it. [23:52] Look, we were ripped off by almost every country in [23:56] the world. [23:57] If you look at the surpluses, almost every [23:59] country in the world that did business with us, our [24:01] people were stupid. [24:03] And I blame presidents for it because they're [24:05] ultimately the leader. [24:08] We were being ripped off by almost every single [24:11] country in the world had massive some massive [24:13] surpluses. [24:15] China had hundreds of billions of dollars in [24:18] surpluses with the United States. [24:19] They rebuilt China. [24:20] They rebuilt the army. [24:22] We built China's army by allowing that to happen. [24:24] I have a great relationship with [24:26] President Xi, but he respects our country now. [24:29] Now, what we've done, I charged China a 20 percent [24:32] tariff as a penalty for sending fentanyl in. [24:36] And that was 20 times more than they could make by [24:40] selling fentanyl. [24:41] And I said, you know, at some point you're going to [24:42] say, like, and they have reduced it. [24:45] Fentanyl is down by more than 30 percent coming into [24:48] our country. [24:48] Part of that is a strong border. [24:49] We have a strong border now. [24:51] But thank you. [24:52] Thank you for your question. [24:53] The Press Sir, you warned once in a [24:59] social media post that if the Supreme Court did this, [25:02] shot down your tariffs, the U.S. [25:04] would be, quote, financially defenseless. [25:07] Are we financially defenseless right now? [25:08] The President No, because we're doing something in [25:10] a different way. [25:11] We're doing something in a very powerful way. [25:14] And we're using things that, you know, are [25:15] something that some people thought we should [25:16] have used in the first place. [25:18] But it's more complicated. [25:19] It's a little more complicated. [25:20] The process takes a little more time. [25:23] But the end result is going to get us more money. [25:25] And I think it's going to be great. [25:26] Yeah, please. [25:28] Peter, go ahead. [25:29] The Press Thank you, President Trump. [25:30] So, since Liberation Day, there's about $175 billion [25:34] in tariff revenue that is now in limbo. [25:38] Do you have to refund $175 billion? [25:40] The President No, think of it, Peter. [25:41] Very fair question. [25:43] They take months and months to write an opinion, [25:48] discuss that point. [25:49] We've taken in hundreds of billions of dollars, [25:52] not millions, hundreds of billions of dollars. [25:56] And so I said, well, what happens to all the money [25:58] that we took in? [25:59] It wasn't discussed. [26:01] Wouldn't you think they would have put one sentence [26:03] in there saying that, keep the money or don't keep [26:05] the money, right? [26:07] I guess it has to get litigated for the next two years. [26:10] So they write this terrible, defective decision. [26:14] Totally defective. [26:17] It's almost like not written by smart people. [26:19] And what they do? [26:21] They don't even talk about that. [26:22] Your question is very basic. [26:23] That was the first question I asked, also, to make you feel good. [26:26] I said, what about all the money that we've taken in? [26:28] Sir, they don't discuss that. [26:30] How crazy is that? [26:31] The Press What you're saying is, are you saying [26:35] that you don't plan to honor refunds for companies [26:37] that file for them? [26:39] The President I just told you the answer, right? [26:41] I told you the answer. [26:41] It's not discussed. [26:42] We'll end up being in court for the next five years. [26:44] Go ahead. [26:49] Green. Green. [26:50] The Press Thank you, Mr. President. [26:52] When you were talking about the relationship with countries, [26:55] that you have sought trade deals with, do you anticipate [26:58] that they will seek to renegotiate those? [27:01] What do you say to them? [27:02] And do you view this as a potential undermining power [27:05] for your negotiations? [27:06] The President Well, we're going straight ahead with [27:07] 10 percent, straight across the board, which was the [27:10] absolute right to do. [27:12] And that's taking place. [27:13] That's a lot of money coming into our country. [27:16] And then, during that period of about five [27:18] months, we are doing the various investigations [27:21] necessary to put fair tariffs. [27:25] Or tariffs, period, on other countries. [27:29] So we're doing that period. [27:30] But we're immediately instituting the 10 percent [27:32] provision, which we're allowed to do. [27:34] And in the end, I think we'll take in more money [27:36] than we've taken in before. [27:37] The Press President, you've used the tariff [27:42] revenue to pay for a host of federal policies. [27:46] You've claimed that they will pay for them. [27:48] What happens to those things? [27:49] The President Well, like the farmers. [27:50] We took care of farmers. [27:51] You know, the farmers were mistreated by foreign [27:53] countries very badly. [27:54] Very, very badly. [27:56] And last week, I gave them. [27:57] Twelve billion dollars out of tariff money. [28:01] We intend to add a tariff money because just so [28:04] you understand, we have tariffs. [28:07] We just have them in a different way. [28:09] And now they've been confirmed by the Supreme [28:12] Court of the United States. [28:13] So there's no longer that question out there about [28:16] tariffs. [28:17] And we'll be taking in hundreds of billions of [28:19] dollars and countries that have treated us badly [28:22] will have to pay a price for treating us badly. [28:25] And countries that have been good to us will be [28:27] treated very well. [28:29] We just left the top person in a place called [28:33] Vietnam, just left my office. [28:35] Great gentleman, strong and smart. [28:39] He said, you know, I think this means you're allowed [28:40] to charge us more tariffs than before. [28:43] And Canada said to Jameson, I might want to [28:48] say it, Jameson, but Canada said, I hope you [28:51] win this decision because if you don't win, you'll [28:54] actually be allowed to charge us with a little [28:55] additional work, higher tariffs. [28:58] Jameson, you want to comment on that? [29:00] Mr. Yes, sir. [29:02] So, the President has given a lot of tools. [29:05] We have Section 22, which will be Section 301 [29:12] investigations, which are incredibly, and they [29:16] address, investigate and address unfair trading [29:18] practices that led to our trade debt. [29:22] You can look forward in the coming days and weeks, [29:27] and we're going to keep continuity in the program. [29:29] We're going to keep addressing this. [29:33] If it's going down, that's making more money. [29:36] The Press Several of Republicans in Congress [29:40] have supported this decision by the Supreme [29:42] Court. [29:43] And Hakeem Jeffries, the Democratic leader, has [29:46] called you a wannabe king. [29:47] Why wouldn't he? [29:48] The President I watched him the other day [29:53] interview. [29:53] The guy doesn't even know what a tariff is. [29:55] The Press But there's been bipartisan [29:56] criticism of the tariffs. [29:57] The President No, not bipartisan. [29:57] Excuse me. [29:58] A few people. [29:59] The Press There's several Republicans [29:59] that have said that. [30:00] The President Yeah, a few people. [30:01] The Press But why wouldn't you just work with [30:02] Congress to come up with a plan to push tariffs? [30:03] The President I don't have to. [30:04] I have the right to do tariffs. [30:06] And I've always had the right to do tariffs. [30:07] And it's all been approved by Congress, so there's no [30:10] reason to do it. [30:11] All we're doing is we're going through a little bit [30:13] more complicated process. [30:14] Not complicated very much, but a little more [30:17] complicated than what we had. [30:18] We'll be able to take in tariffs, more tariffs. [30:21] And the Congress people, and the Congress [30:22] The Press The House just voted down the [30:23] Canadian tariffs last week. [30:25] There's been votes in the Senate against it. [30:26] The President Yeah, because we lost two [30:27] Republicans, or three Republicans, because [30:31] they're not good Republicans. [30:33] What you don't say, see, you don't say that we had [30:35] that we got 215 votes to two. [30:38] The Press You need 215 for something to pass. [30:39] The President Yeah, sure we do. [30:41] We might have lost three votes. [30:43] And we got, and what was the score on the [30:45] Republican side? [30:46] 215 to three, right? [30:47] But you don't say that. [30:48] We have great votes. [30:49] The President Great unity. [30:50] There's great unity in the Republican Party. [30:52] And I hope everyone is going to vote Republican, [30:53] because otherwise you won't have a country left, [30:55] because these people have been destroying. [30:57] They are destroying our country. [30:59] Please. [31:00] The Press Mr. President, the 122 tariffs, [31:02] that 10 percent, is that going to be for 150 days? [31:06] Or do you want to charge that indefinitely? [31:08] The President We have a right to do pretty much [31:09] what we want to do, but we're going to charge it [31:11] starting effectively. [31:12] I think it's three days from now. [31:13] Yeah, please. [31:14] The Press Thank you, Mr. President. [31:15] You speak to a lot of factory workers, a lot of [31:17] manufacturing workers. [31:19] What does the Supreme Court ruling say? [31:21] What's that message to those factory workers? [31:23] The President Well, I think the factory workers [31:25] are happy because we're now telling them that [31:27] they're going to look. [31:29] The man I met with yesterday, who owned a [31:31] factory, was out of business. [31:34] He was out of business. [31:35] And now he's employing five times. [31:38] In fact, I walked in. [31:40] He's got a brand new crane. [31:41] I said, how old is that crane? [31:42] We got it in December. [31:43] He's allowed to write it off in one word. [31:46] The great, big, beautiful act gave no tax on tips, no [31:50] tax on Social Security, no tax on overtime. [31:52] He said, this great, big, beautiful bill, frankly, [31:58] has been the best thing that's ever happened for [32:00] the workers of the much more so than for rich [32:02] people. [32:03] The only thing it does for rich people, it allows [32:05] them to hire a lot more people. [32:07] But when I saw him and then he said it's all up [32:10] and down the line. [32:11] This is a place in Georgia, all up and down. [32:14] Other factories doing different, not only steel [32:16] products, different. [32:17] He said every one of us was out of business. [32:20] We could barely make it. [32:23] Some of them were down to less than an hour a week. [32:25] Think of it. [32:26] One hour a week to make just a few little [32:28] trinkets or whatever they make. [32:30] Now they're going around the clock. [32:32] I had it a month ago. [32:33] I went to Michigan, went to Ford, and I met with [32:38] Bill Ford, the head of Ford. [32:40] And we were in one of the biggest plants, an [32:42] original plant from the early 1900s, where, by the [32:45] way, just I might add this, it's not really [32:49] relevant, but it's all relevant. [32:51] Murders are down the lowest since 1900, around [32:56] the time that he had this plant. [32:58] That's 125 years. [33:00] We have the lowest murder rate. [33:01] Okay. [33:02] And our crime is way down in the country. [33:05] The factories that we're talking about, the people [33:08] that we're talking about, they are so thrilled with [33:11] Trump. [33:12] So whether we charge IEPA tariffs or whether we [33:14] charge tariffs under a different section, that's [33:17] what we're going to be doing. [33:18] There's no way we can elaborate. [33:20] This is what happened to our country. [33:21] This is why we owe. [33:22] This is why we owe $38 trillion, which we'll get [33:24] rid of in pretty good course. [33:27] We have a very incompetent Fed chairman who likes high [33:32] interest rates for political reasons. [33:34] He likes them. [33:35] But we're going to have somebody very good. [33:39] Interest rates should come down very substantially. [33:41] I think we should pay. [33:43] We should pay the lowest interest rates on the [33:46] planet. [33:46] There should be no country. [33:48] And we don't do that. [33:49] We're number 38. [33:50] This is just bad policy for a long period of time. [33:54] What's happened is we've made America strong again. [33:57] We've made America great again. [33:59] We should pay. [33:59] As an example, the country of Switzerland, we were [34:05] getting almost no tariffs from them. [34:07] We had a $40 billion deficit. [34:10] And the Prime Minister called me up. [34:12] She said, but we are a small country because I [34:13] said we're going to raise it to 39 percent from [34:16] nothing. [34:17] That would have rendered them not very successful, [34:21] as opposed to right now they're considered elite. [34:24] But if we put a tariff, it would. [34:26] And I realized then. [34:27] She said, but sure, we are a small country. [34:30] I said, you're a small country with a big deficit [34:32] for us. [34:33] You're making a lot of money off the United States. [34:36] If we do that, a lot of these elite countries, [34:40] they're elite because we let them make so much [34:42] money. [34:43] And I want them to do well. [34:45] But I don't want them to do well on the backs of [34:48] the American taxpayers. [34:50] So I appreciate your question. [34:51] I think it's safe. [34:53] The Press Thank you, Mr. President Trump. [34:55] You said that you were disappointed with that. [34:57] But were you surprised with this decision? [34:59] What are what you felt when you I was surprised [35:02] because I thought that what we did was number [35:05] one, according to I mean, I read the paragraphs. [35:08] I read very well. [35:10] Great comprehension. [35:13] I read everything there is to read. [35:15] And I said, you can't lose this case. [35:18] But we can when judges are political, when they [35:20] want to be politically correct, when they're [35:22] catering to a group of people in D.C. [35:24] Maybe I don't know what it is, because when you [35:26] read it, there's no other interpretation. [35:29] We have. [35:30] There's no other interpretation. [35:32] But it's okay, because what has come out, I'll [35:34] say it for the third time and maybe the last time in [35:36] a while, is that we've taken the uncertainty of [35:40] tariffs out because we had uncertainty. [35:42] We got sued by sleazebags. [35:44] I know them well that are very outside country, [35:48] China centric, but outside country centric. [35:52] And they're going to end up not doing as well as [35:55] they did before. [35:56] America was becoming really, really strong [35:59] again. [36:00] Hey, we have the strongest military I built. [36:05] I rebuilt the military in the first term. [36:08] We have the most powerful military. [36:09] We make the best equipment. [36:11] And even then, you know, we have to we could do [36:14] much better. [36:14] We have people that get paid a lot of money to [36:17] manufacture Patriot missiles and javelins and [36:20] all the different things. [36:21] But when you want them, they're too slow. [36:24] And we put them on notice and they're going to make [36:25] with our country is is building a lot of things [36:29] right now. [36:30] And our country is doing. [36:31] Really well. [36:32] And we're going to keep it that way. [36:34] The bottom line is that the word certainty is now [36:38] in the equation. [36:39] Every single thing I said today is guaranteed [36:42] certainty. [36:43] It's been tested, as Jamison said, a thousand [36:47] times. [36:48] Literally, I said hundreds of times. [36:50] He said, sir, actually thousands of times and one [36:53] in all of the courts. [36:54] And we're just going back to that. [36:56] And the problem is that we had other presidents that [37:02] weren't into trade. [37:03] Maybe they weren't business oriented. [37:06] Maybe they weren't smart. [37:07] We had some dummies to, you know, respectfully say [37:10] we had some real dummies. [37:11] So so we are going to keep it going just as before, [37:16] probably more so. [37:18] But it's you're no longer going to be asked every [37:20] time I got up your desk. [37:22] Well, what happens if you can't charge? [37:24] So now we can. [37:25] And by the way, in their decision, they [37:27] specifically said we can do these. [37:30] We have alternatives. [37:31] Yeah, I'm on the on the trade deals that we're [37:35] negotiating using IEPA tariffs. [37:37] Do those stand now or are they have to be redone? [37:40] Well, some of them stand. [37:41] Many of them stand. [37:42] Some of them won't. [37:43] And they'll be replaced with the other tariffs. [37:45] Supreme Court justices who ruled against this [37:50] policy, striking it down, are they still invited to [37:53] your State of the Union next week? [37:55] And will you speak with them? [37:56] They are invited. [37:57] Barely, barely. [38:02] Three are happily invited. [38:03] No, no, they're barely they're barely invited. [38:07] Honestly, I couldn't care less if they come. [38:09] Okay. [38:10] The Press Thank you, Mr. President. [38:12] The President Thank you, Mr. President. [38:14] On the trade deal, which is the framework which is [38:17] signed to be signed with India sometime soon, will [38:21] that stand now? [38:22] And on the decision? [38:23] The President Nothing changes. [38:24] The Press Nothing changes. [38:25] Nothing changes. [38:26] They'll be paying tariffs. [38:27] And we will not be paying tariffs. [38:28] Our deal with India is they pay tariffs. [38:30] This is a reversal for what it used to be, as [38:32] you know. [38:33] India, and I think Prime Minister Modi is a great [38:37] gentleman, a great man, actually. [38:39] But he was. [38:40] He was much smarter than the people that he was [38:44] against in terms of the United States. [38:46] He was ripping us off. [38:47] And India. [38:48] So we made a deal with India. [38:49] And it's a fair deal now. [38:51] And we are not paying tariffs to them. [38:53] And they are paying tariffs. [38:54] We did a little flip. [38:55] The Press Thank you so much, Mr. President. [39:00] The Press Thank you so much, Mr. President. [39:01] The President No, the India deal is on here. [39:02] The Press Thank you so much, Mr. President. [39:03] The President All the deals are on. [39:04] It's just we're just going to do it a different way. [39:05] The Press Thank you so much, Mr. President. [39:06] The Press Thank you so much, Mr. President. [39:07] I think there is another war that you told us and [39:08] you should take credit, which is in Syria. [39:09] Secretary Rabio, after his meeting in Munich with [39:11] the Syrian foreign minister and the Kurdish [39:13] general, Muslim Abdi, he said that President Trump [39:15] was directly involved with the new force to stop the [39:17] fighting between the Kurds and the Syrians. [39:19] How will your administration will make [39:21] sure that this peace is sustained? [39:23] And do you support the idea of a peace agreement? [39:25] The President Well, it's a very different topic. [39:27] The Press So I don't want to spend a lot of time. [39:29] But all I can say is that the President of Syria, [39:31] who I essentially put there, is doing it for [39:33] now. [39:34] The Press Thank you. [39:35] The Press Thank you. [39:36] The Press Thank you. [39:37] The Press Thank you. [39:38] The Press Thank you. [39:39] The Press Thank you. [39:39] The President I think he's done a phenomenal job. [39:40] He's a rough guy. [39:42] He's not a choir boy. [39:44] A choir boy couldn't do it. [39:45] But Syria is coming together, really coming [39:47] together well. [39:49] And thus far, he's been very good to the Kurds. [39:51] Yeah. [39:52] The Press Thank you. [39:54] The Press Thank you, sir. [39:55] The Press Mr. President, what's your message to [39:56] the Iranian people after two rounds of talks with [39:58] them? [39:59] Do you have any message to the Iranian people? [40:00] The President The Iranian people? [40:02] The Press In Iran or people here? [40:03] The President People in Iran. [40:04] The President They better negotiate a fair deal. [40:09] They better negotiate. [40:10] The Press You know, the people of Iran are a lot [40:13] different than the people in Syria. [40:13] than the leaders of Iran. [40:15] And it's a very, very, very sad situation. [40:19] But 32,000 people were killed over a relatively [40:23] short period of time. [40:25] They were going to hang 800. [40:27] Two weeks ago, hang, hang. [40:29] Some by crane. [40:30] They lift them up with a tall crane, and they play [40:33] them around the square. [40:34] They were going to hang 837 people. [40:37] And I gave them the word, if you hang one person, [40:41] even one person, that you're going to be hit [40:43] right then and there. [40:44] I wasn't waiting two weeks and negotiating. [40:47] And they gave up the hanging. [40:48] They didn't hang 837. [40:50] Supposedly, they didn't hang anybody. [40:53] But, no, I feel very badly for the people of Iran. [40:55] They've lived like they've lived in hell. [40:57] Please. [40:57] The Press Thank you, Mr. President. [40:59] You mentioned multiple times foreign influence [41:02] over the Supreme Court. [41:03] Do you have evidence of that? [41:04] And if not, will you investigate that? [41:06] The President You're going to find out. [41:07] The Press What alternatives are you going to [41:11] put into place in your relationship with Europe [41:14] and also those tariffs that have been called [41:16] illegal? [41:17] How are they going to impact the relationship [41:21] with Russia that you sanctioned? [41:22] The President Well, I want Europe to strengthen up. [41:25] Europe has gone woke. [41:26] Europe is not recognizable. [41:28] When you go into so many places, not all countries [41:30] you look at, you look at Hungary, you look at [41:34] Poland, Czech, Slovakia. [41:40] There are some countries that have gone very much [41:43] the opposite, some really, and some others. [41:47] But Europe has to be strong, and they've [41:49] become soft and not recognizable. [41:53] You go into some of the countries. [41:54] I don't want to be specific, but I think [41:56] everyone knows what I'm talking about. [41:58] And they're not recognizable. [42:01] They've become the environmentalists have [42:04] taken over. [42:05] They've got windmills destroying their fields [42:07] and their beautiful meadows and their oceans. [42:11] And they're paying a fortune. [42:14] Now, Europe has to get smart. [42:16] Europe is getting killed on two things, energy and [42:19] immigration. [42:20] And if they don't solve both of them, they're [42:21] going to come fast. [42:22] European Europe is not the same place. [42:24] Yeah, please. [42:25] The Press And Barrett, are you surprised [42:29] in particular by their decision today? [42:31] And do you regret nominating them? [42:33] The President I don't want to say whether or not [42:35] I regret. [42:35] I think their decision was terrible. [42:40] I think it's an embarrassment to their [42:42] families. [42:43] You want to know the truth. [42:44] The two of them. [42:45] Yeah. [42:50] The Press Mr. President, to be clear, do you [42:56] believe at the end of implementing these new [42:58] tariff tools, the tariff rate and tariffs will [43:00] ultimately be higher than they currently are? [43:02] The President Potentially higher. [43:04] It depends, whatever we want them to be. [43:06] But we want them to be fair for other countries. [43:08] And, you know, we have some countries that have [43:10] treated us really badly for years, and it's going [43:14] to be high for them. [43:14] And we have other countries that have been [43:16] very good, and it's going to be very reasonable for [43:18] them. [43:19] The Press Thank you, Mr. President. [43:21] The Press Specifically on the tariffs question. [43:22] I mean, on the $2,000. [43:23] The President I didn't call you. [43:24] The Press I didn't call you. [43:25] The Press Mr. President, thank you, Mr. President. [43:27] Do you have any plans to travel to India for the [43:29] Quad Summit? [43:30] I think your relationship with India is right now. [43:32] The President I think my relationship with India is [43:34] fantastic. [43:36] And we're doing trade with India. [43:38] India pulled out of Russia. [43:39] You know, India was getting its oil from Russia, right? [43:45] And they pull way back, at my request, because we [43:47] want to settle that horrible war where 25,000 [43:50] people are dying every month. [43:52] And my relationship with Prime Minister Modi is, I [43:56] would say, great. [43:56] I also stopped the war between India and [43:59] Pakistan, as you know. [44:00] The President There were 10 states that were [44:01] shot down, 10 planes were shot down. [44:03] That war was going and probably going nuclear. [44:07] And just yesterday, the Prime Minister of [44:09] Pakistan said President Trump saved 35 million [44:14] lives by getting them to stop. [44:18] And I did it largely with tariffs. [44:19] I said, look, you're going to fight, that's fine, [44:21] but you're not going to do business with the United [44:22] States, and you're going to pay a 200 percent [44:25] tariff, each country. [44:27] And they called up and they said, we have made [44:30] peace. [44:31] Okay? [44:32] The Press Yes. [44:32] The President I just want to thank you all. [44:34] Look, great certainty has been brought back to the [44:39] economy of the United States, and actually the [44:41] economy of the world, because we generate so [44:43] much in the world. [44:44] We're the biggest in the world, and we're now the [44:46] strongest by far. [44:47] We were a country that was dead one and a half years ago. [44:50] Now we have the hottest country in the world. [44:52] We're going to keep it that way. [44:53] Thank you very much, everybody. [44:54] Thank you. [44:56] Thank you very much. [44:57] The Press Thank you, Mr. President. [44:58] The Press Did you say 32,000 were killed in Iran, sir?