Trump discusses deal with Iran, Strait of Hormuz at G7

[0:00] It was it was a lot. It was a lot of work last night. You saw that. Yes, thank you. Thank you very much. It's a great honor. It's really fantastic. So I'll be doing a news conference at about four o'clock today before we leave. We're going to Paris and then we'll be going home tonight, I guess if you really figure it. So we'll be heading to Paris where we have a big dinner meeting with a lot of the same people and then we're going home and it's been a very [0:32] successful trip. A lot of things have happened that have been very good. We'll be discussing a little bit about the deal with Iran at the four o'clock news conference. It's a great deal for a lot of reasons. But number one, by far 99.9% is they will never have a nuclear weapon and you can't give around a nuclear weapon and they will never have a nuclear weapon. So that's very, very strong. It's a very strong deal. Nobody knows what it is, but it's very strong. And most people seem to be very happy. [1:04] Who's really happy is the market because the market's gone up thousands of points over the last four or five days since hearing about it. And the strait is going to be opening. It's already partially opened. It's going to be opening up soon in full over the next day or two. And the market has gone wild and oil has come tumbling down. Oil is at $73, $74 and it's getting to very close to where it was before the crisis. The difference is now we have Iran without a [1:34] nuclear weapon. So we'll see how that all plays out. I think people are going to be very happy, but there's nothing so smart as the market and the market loves it beyond anything that I've actually [1:48] seen. Again, the stock market has gone through the roof and oil has come tumbling down. I guess it's in the low 70s now. That's right. That's amazing. So that's what speaks. That speaks louder than words. The alternative [2:03] would be a worldwide depression. You know, the stupid people want to have a worldwide depression and they're stupid [2:11] people. So you can only go so far. You drive somebody into the ground and a lot of bad things happen. Number one, the strait would never [2:20] open because they don't like floating billion dollar ships up and down a strait when their rockets flying over them and mines all over the [2:28] place. So the strait would never be open. It wouldn't be open for a long time. So we have a very hot stock market and we have a very [2:37] starting to be a very low oil price and that's going to have a huge impact on affordability caused by the Democrats. The Democrats have caused so many [2:46] problems. You have no idea, but I'll never forget. I took over and I'm in the office for one day and I have my first news [2:54] conference and they said affordability, sir, affordability. What are you doing about it? I said, I've just been here one day. They [3:03] tell me about affordability. They're the ones that caused affordability. It's just another con job. They made up the word [3:08] affordability, but we're bringing prices down a lot and they're coming down fast and with the settlement so [3:16] worthwhile with the settlement where you're not going to have a nuclear weapon and then we bring [3:21] them down on top of that. And I think oil prices might get lower than where they were before the [3:25] war. So I'm going to see you at four o'clock and we'll discuss that a little bit and we'll discuss other [3:32] things. But we've had a great meeting. It's been a great summit and France has done a fantastic job. [3:40] President Macron has been really, he's really done a great job. It's been very well received. Everybody here [3:46] has, has been, I don't know if they've been happy. Some are not doing so well, but some are doing [3:51] very well, but they've done a beautiful job. Thank you very much, everybody. Thank you for us. [3:56] Have I read it? Well, it's been reported that it includes its $300 billion. It's false. [4:05] Funded by Gulf allies. It's false. People, people, you can invest if you want. I mean, [4:10] what am I going to do? Say nobody's ever allowed to invest? No, we're not investing. We're not putting up [4:14] 10 cents and people can decide to do that, but that's up to them. I mean, do you want me to say [4:20] nobody's ever allowed to invest in, in a country? I'll say it with Egypt. Nobody's allowed to invest [4:26] in Egypt. Am I supposed to say that? I'm asking whether. We are not investing in it and we do not [4:31] have a fund. Are you asking Gulf countries? No, I'm not. I'm not. If they do it, fine. But I would say [4:37] they won't be doing it for a while until they find out the behavior. It's a behavior thing, but we are not [4:43] investing. That's a false story that got picked up incorrectly from a statement that was pretty [4:50] well made, I think. Maybe a little bit, could have been a little more accurate, frankly. But it's a [4:56] story. We are not investing 10 cents. Don't forget, there's never been anybody that's been so tough on [5:04] Iran. This should have been done by Clinton and Barack Hussein Obama. It should have been done by Biden. [5:09] It should have been done by Bush. It could have been done by a lot of people. This has been going [5:14] on for 47 years. They've ripped you off for 47 years. And I'm the only one that did anything of [5:21] it. They'd never shot missiles at anybody. We wiped out their Navy. We wiped out their military. [5:27] We wiped out their Air Force. They have no anti-aircraft. They have no radar. You know, [5:33] the reason oil stayed low is because we were taking ships out every night that you didn't even know about. [5:38] Two days ago, three days ago, a month ago, we took out 22 ships. We averaged from 15 to 25 ships a night. [5:47] Nobody knew that. Our Navy did a great job. Nobody knew what was happening. That's why oil didn't go [5:53] to $300 a barrel. It went to $125, $115. Now it's at $72, $73. I heard it's lower than that. No, I haven't [6:02] seen it in the last couple of hours. No, we were very tough. And we took out a man named Soleimani. [6:07] Remember that? You know, you think this would have happened if you were alive? The evil genius? [6:12] He was an evil genius. People forget that. I took out Soleimani in my first term. Without that, [6:19] you don't have probably, you don't have the situation that we're in today where we dominated. [6:23] We dominated. We wiped out their military. And because we did that, and then we put up the [6:29] blockade, which was totally effective. Not one ship got by, Steve. [6:33] Is the taxi agreement now final, or are you still- No, it's not final. It's a memorandum [6:39] of understanding. And if I don't like it, we'll go back to shooting at them, dropping [6:45] bombs on their head. If I don't like it, if they don't behave, we'll go right back to dropping [6:52] bombs right smack in the middle of their head. Okay? Because they misbehaved for 47 years. [6:58] All right? But nobody could have made this deal. I mean, the JCPOA done by Obama, he handed [7:08] him a billion seven in cash, gave him hundreds of millions of dollars, hundreds of, gave him [7:13] billions and billions of dollars. But he gave him $1.7 billion in cash, green cash from banks, [7:20] into a Boeing 757 and flew it into Iran. And they stood at the plane. I have pictures of [7:28] it like, oh my, look at this money he's giving us. He tried to bribe his way out. I didn't [7:33] do that. Nobody mentions that. $1.7 billion and hundreds of millions of dollars. They tried [7:40] to bribe their way out of it. And you know what the Iranians did? They laughed at Obama [7:46] and they said he's a stupid son of a bitch. Okay. Thank you very much, everybody. [7:51] Thank you, guys. Thank you, guys. Thank you, guys. Thank you, guys. [8:02] Listening in there to President Trump as he was meeting with the Egyptian president, [8:06] holding short remarks there in front of the press. [8:09] President Trump as he was meeting with the president of Egypt. He's a friend of mine. [8:34] From day one, you know, I met him early in the campaign to each other, right? And I was told [8:42] that the president of Egypt is here. That was a big deal. It's still a big deal for me to be with [8:47] the great president of Egypt, but not as big as it used to be before I ran. So he was in a hotel [8:55] and I met him and we fell in love, deeply in love. And he didn't even want to see Hillary. He said, [9:03] you're going to win. I don't want to meet her. I said, you're going to win. He didn't want to see [9:07] her. Remember that? So we had a good relationship right from there. But no, we met. We didn't know each [9:12] other before that. We had great chemistry. And I stayed twice as long as I was supposed to, [9:18] took up her time. And then when it was her time, he didn't want to meet with her. [9:23] But he did because he's a gentleman. But it lasted about one minute. Thank you, everybody.