President Trump Reveals Plan for Final Two Years & His Confidence in Cabinet Members - 11/05/26

[0:00] So we're going to do a lot of things. [0:02] You'll be seeing a lot of things over the next week, two weeks. [0:06] We have a lot of things cooking, doing very well. [0:08] We have thousands of plants and factories being built in the United States. [0:13] And somebody said, oh, about tariffs. [0:15] Let me tell you, if I took tariffs off right now, [0:18] every one of those plants would immediately stop construction [0:21] because they're only building them, maybe for two reasons or three reasons. [0:27] But the 99% is, if they don't build them in order to sell their product into the United States, [0:33] they'd have to pay a 50, 100, 150, 250, even 300% tariff. [0:40] And once they start building and once they open up, they pay no tariff. [0:45] So it's, you know, amazing. [0:47] So all of that money, $22.2 trillion is coming in [0:52] because these great companies from all over the world, they'd rather not build them. [0:56] And by the way, if you took the tariffs off, they would be so happy, [1:00] they would stop construction immediately. [1:02] You know who knows that better than anybody? [1:04] Laura back there. [1:06] Laura, if we took the tariffs off, you know, every, right, [1:10] we're building over 3,000 factories right now. [1:13] Every factory would come to an immediate halt. [1:16] They would say, thank you, sir, very much. [1:18] We're going back. [1:19] We'll send you the product from Japan. [1:21] And if you didn't have tariffs, if we didn't put tariffs on, [1:24] we've been ripped off for years by other countries having tariffs and we didn't have. [1:29] And that woman understands it, I think, maybe better than almost anybody. [1:33] She's covered it very fairly young. [1:35] In other words, if we took tariffs off right now, let's, you know, [1:40] I watch these stupid people. [1:41] We have $22.2 trillion, the highest number ever for any country at any time, [1:49] by maybe five times. [1:51] If we took that off, everybody would stop building. [1:55] You would have partially built factories all over the country. [2:00] And they would just send in their product from China, Japan, South Korea, the Philippines, everything. [2:08] No, but when they build, they open and they don't have to pay any tariffs. [2:11] So that's why. [2:12] And by the way, prices will come way down. [2:14] Yes, please. [2:15] Mr. President, next week when half the Republicans vote for their next leader in the new Congress, [2:20] if they deadlock between Steve Scalise and Jim Jordan, would you intervene? [2:24] Would you endorse one of those gentlemen? [2:26] Well, I might. [2:27] I mean, I don't think I'll have to. [2:29] They'll end up picking somebody. [2:30] But those are two tremendous people, great people. [2:34] Yeah. [2:34] Mr. President, there's a tanker on its way across the Atlantic filled with Russian diesel fuel. [2:39] There's a law that was passed in 2022. [2:42] And where is it going? [2:43] No, it's coming to the United States, supposedly. [2:46] There's a law that says that fuel cannot be unloaded in the United States. [2:49] It makes it illegal. [2:50] Is that under the Jones Act? [2:52] No, it was passed by Congress, signed by President Biden in 2022. [2:56] Oh, by Biden. [2:58] How are you important? [2:59] Well, that probably makes it a pretty bad law. [3:01] I'll take a look at it, sure. [3:03] Mr. President, there's reporting that Iran is reviewing a set of proposals presented by mediators [3:08] that could shape the future of its nuclear program. [3:10] Is the U.S. involved in that? [3:14] They're not doing anything without our approval. [3:17] Remember what I said to you? [3:18] Iran will never have a nuclear weapon. [3:20] They're not doing anything without our approval. [3:23] So you've seen this proposal that Iran is looking at? [3:27] It doesn't make any difference what they're looking at. [3:29] They're not going to have a nuclear weapon. [3:30] They know that. [3:31] So do I. [3:33] Go ahead. [3:33] What do you think about Al-Sayed not backing Chuck Schumer? [3:37] Do you think that it signals a larger divide within the Democratic Party? [3:40] They have to work out their own situation. [3:42] He made a statement that he wouldn't early on. [3:44] And so he's just living by that statement. [3:47] I think Schumer probably gets it because, yeah, he's been around a long time. [3:52] He's actually not a bad guy. [3:53] I know him. [3:53] I know him very well. [3:55] I know him better than most. [3:56] Yeah. [3:56] And on the election, so this week, Democratic Socialists win today, for example, [4:00] the mayoral race in L.A. and also in Washington, D.C. [4:03] Now, together with New York, three major cities are going to be led by Democratic Socialists. [4:08] What's your message to these mayors who will be leading these cities? [4:11] And also, what's your message to the residents in these cities who might not have voted for [4:15] them and are worried about where their cities are going? [4:17] Well, they're going to have to see what happens. [4:19] I mean, there'll be a point at which if people are unhappy, there'll be changed. [4:24] But unfortunately, usually that happens so late that you'll never be able to bring back [4:28] a city or a country or a state, you know, when it goes too far. [4:32] I watched the election in Los Angeles, and it was a very disgraceful event because I thought [4:40] Spencer Pratt would be in the final, and so did everyone else. [4:43] So did the one who was leading or winning. [4:45] And she broke down and cried, and she said, oh, I lost, I lost. [4:50] But then they found the votes necessary to bring her in. [4:53] Our elections are so crooked, you have no idea. [4:56] But look, if you go by history, it's going to be a disaster. [5:00] It's going to be a disaster. [5:01] I deal with a very nice gentleman. [5:04] I get along with him. [5:05] Great from New York. [5:05] We'll see how that all works out. [5:07] But I'd like to make sure that New York does well, and hopefully it will. [5:13] But it's tough. [5:14] Those policies are very tough. [5:16] They're very tough on a city, a state, or a country. [5:20] That's been proven over a thousand years with different names. [5:23] We see some chatter about Pete Hegseth. [5:26] Are you expecting any staffing changes between now and the- [5:29] Pete Hegseth has done a fantastic job. [5:32] Now, he's got some interesting things. [5:36] You know, we had more generals than we did in World War II. [5:41] We had so many generals. [5:42] Everybody was a four-star general. [5:43] I never saw anything like it. [5:45] And many of those people were woke. [5:48] I don't like a woke general. [5:49] And so he probably has opposition. [5:51] I think he's doing a fantastic job. [5:53] So we had a war with Venezuela. [5:56] It was over in 48 minutes. [5:57] We had total success. [5:59] No deaths. [6:00] We have, I guess, you have, I don't know if it's a war, [6:04] because there hasn't been anybody killed in many months. [6:07] But we have a war with a place called the Islamic Republic of Iran. [6:15] Lovely place. [6:17] And we control the Straits. [6:19] We're doing more oil right now going through the Straits than we did before the war started. [6:24] And nobody's been killed in about seven months, six months. [6:31] And, you know, if you look at Russia, Ukraine, see, that's a war. [6:35] That's a war. [6:36] 25,000 people being killed a month. [6:39] We're going to get that settled pretty soon, by the way. [6:41] But 25,000 people a month being killed. [6:44] They fight day and night, day and night, all day. [6:47] And you have World War I, World War II. [6:50] Those are wars. [6:50] Somebody said a war with Iran. [6:54] No. [6:55] We have succeeded with the blockade tremendously. [7:00] And we have destroyed. [7:02] Somebody, a man told me today that it's from the area, a neighboring country, [7:07] that it'll take them 25 to 30 years right now to rebuild their country. [7:13] And, you know, so we'll see how that all works out. [7:16] I think it's working out very well. [7:18] Somebody else called, you know, they say it's an occupation. [7:21] Remember what? [7:21] Because it is virtually an occupation. [7:24] And we're not looking to be wise guys. [7:26] But it is an occupation. [7:30] And remember this. [7:31] So we've lost 18 lives. [7:33] And 18 is far too many. [7:35] But in Vietnam, we lost thousands and thousands of lives over a 21-year period. [7:40] In Afghanistan, we lost tremendous numbers of lives. [7:45] 18 is too many. [7:46] One is too many. [7:47] But we lost 18 lives. [7:49] And we've been there for seven months. [7:52] And we have full control of that place. [7:55] They shoot a rocket every once in a while. [7:57] We get hit by a drone. [7:59] And it bounces off a metal object, you know. [8:01] Or we shoot it down. [8:02] Most of the time we shoot it down. [8:04] But there's nobody been killed in a long time. [8:08] I don't want to jinx myself by saying that because we'll walk out the door and say, guess what just happened? [8:15] But it's 18 souls. [8:17] And that's too many. [8:18] But in Vietnam, if you look, it's thousands and thousands of Americans. [8:22] And you can also look at it in a different way. [8:27] Over the years, the SS coal and Iran has caused a lot of bloodshed for America. [8:33] They started it in 19... [8:36] Think of it. [8:37] They really started it in probably 1979, right? [8:43] That's when it started. [8:44] And during that period of time, they killed thousands of Americans and many other people. [8:50] And if you go back just over the last seven months, they've killed 75,000. [8:55] At least, that's as of two months ago, they've killed 75,000 protesters, hanging many from cranes. [9:04] So we've done a good job. [9:07] So you're not in the mirror between... [9:10] No, I think I was just going to say. [9:13] So Pete's in charge of war, right? [9:16] Department of War, we made that change. [9:19] Venezuela has been unbelievable. [9:22] We're considered one of the greatest attacks anybody's ever seen. [9:26] He was in charge of that, along with me and others. [9:29] But Venezuela, we've taken out billions and billions of dollars' worth of oil. [9:37] I saw this lightweight congressman the other day criticizing me on Iran for spending $25 million. [9:43] I said, well, we've taken much more money out of Venezuela than that. [9:47] It's basically two wars. [9:50] So in Venezuela, we lost nobody. [9:52] It lasted 48 minutes. [9:55] I caught one day, but it lasted 48 minutes, and it was over. [9:58] It was a violent attack. [10:01] And in Iran, we are there for seven months, and we control everything that we've wanted to control. [10:08] And now we'll make a decision. [10:10] Do we want to go further and just certify it by certifying it, meaning where it'll never happen again? [10:17] I think it'll take them 25 years to rebuild the country. [10:20] I would rather not destroy the rest of the country if possible, but maybe I'll have to. [10:24] You'll know soon enough. [10:26] And, Mr. President, on Republicans in Congress, what would you like them to focus on in the next two months when they still have the majorities? [10:32] So we had a tremendous period. [10:35] It's been a tremendous two years. [10:36] I don't think there's ever been a president that's done more between the great, big, beautiful bill with the tax cuts, with the biggest tax cuts in history, biggest regulation cuts in history. [10:47] What we've done is amazing now, even in the military, between Iran and Venezuela and the border. [10:57] Take a look at the border. [10:58] I mean, the border, so we're now in the 18th month with not one person, and I don't make out these statistics. [11:04] I'm made by people that lean left, as they say. [11:08] Not one person has come into our border, our southern border, over the last 18 months. [11:13] You know, it's pretty amazing. [11:15] So we had a tremendous border. [11:16] I probably got elected on the border. [11:17] I can't even talk about it now because people say nobody's interested because you fixed it. [11:22] My own people, they say nobody is interested in the border. [11:26] You fixed it. [11:26] But we've had a tremendous success. [11:30] The stock markets hit 91 all-time highs. [11:35] 401ks are the highest they've ever been by far. [11:38] With Biden, they were down 25%. [11:40] With me, they're up 74%. [11:43] It's in a short period of time. [11:45] So 401ks are the highest. [11:46] Stock market is the highest. [11:48] I mean, we've had a tremendous period of time. [11:50] It's been amazing. [11:52] We've rebuilt our military. [11:53] We're building more weapons right now in our military than we've ever built before. [11:59] And we're locked and loaded. [12:02] If we have to do the rest of the Iran thing, we're very much locked and loaded.