About this transcript: This is a full AI-generated transcript of Trump on dissatisfaction with Iran, potential Spirit bailout, King Charles: Full press conference from USA TODAY, published May 2, 2026. The transcript contains 3,356 words with timestamps and was generated using Whisper AI.
"So they want to make a deal, but I'm not satisfied with it, so we'll see what happens. Iran wants to make a deal because they have no military left, essentially, and they want to make a deal, but I'm not satisfied with it. Because it's never been sought before. There's been numerous, many, many..."
[0:01] So they want to make a deal, but I'm not satisfied with it, so we'll see what happens.
[0:13] Iran wants to make a deal because they have no military left, essentially, and they want
[0:20] to make a deal, but I'm not satisfied with it.
[0:30] Because it's never been sought before.
[0:31] There's been numerous, many, many times, and nobody's ever gotten it before.
[0:35] They consider it totally unconstitutional.
[0:38] We're always in touch with Congress, but nobody's ever sought it before.
[0:42] Nobody's ever asked for it before.
[0:45] It's never been used before.
[0:47] Why should we be different?
[0:59] We have great respect for Pakistan and Islamabad, and tremendous respect for the prime minister
[1:07] and the field marshal.
[1:08] And they're working with us.
[1:09] They continue to work with us, but the trip is a very long one.
[1:13] We're doing everything in terms of negotiating right now, in terms of the negotiation telephonically.
[1:22] They've made strides, but I'm not sure if they ever get there.
[1:28] There's tremendous discord.
[1:32] They're having a tremendous problem getting along with each other in Iran.
[1:36] The leadership is very disjointed.
[1:40] It's got two to three groups, maybe four, and it's a very disjointed leadership.
[1:45] And, with that being said, they all want to make a deal, but they're all messed up.
[1:51] The President, I spoke with the winner, a very good man.
[2:03] As you know, I was very strongly in favor of him in Iraq.
[2:08] And we had a long conversation yesterday.
[2:11] I congratulated him.
[2:12] He won.
[2:14] And with our help, he won.
[2:16] And we want him to do very well.
[2:18] And I told him that the United States is with him all the way.
[2:21] It was a great victory.
[2:23] The new head of Iraq is somebody that we support very strongly.
[2:29] Pakistan has opened the land route with Iran.
[2:36] Did they consult you before opening it up to Iran?
[2:39] And are you aware of it?
[2:41] The President is a vicious bee.
[2:44] I know everything about it.
[2:46] I have great respect.
[2:48] Are you from Pakistan?
[2:51] I have great respect for Pakistan and for the Field Marshal
[2:54] and for the Prime Minister.
[2:56] Yeah, I know who's there.
[2:58] On the European Union yesterday, you talked about Italy
[3:00] and the withdrawn of troops from Europe, from Italy and Spain.
[3:04] Can you clarify with your words?
[3:06] Well, I'm not happy with Italy and I'm not happy with Spain.
[3:09] And they've done — they don't — they feel it's okay for Iran to have a nuclear weapon.
[3:15] Anybody that feels it's okay for Iran to have a nuclear weapon is not very smart.
[3:22] And it'll be a terrible thing in the future.
[3:25] If they were ever allowed to have a nuclear weapon, you would have problems
[3:29] the likes of which the world has never seen before.
[3:33] And it's not going to happen.
[3:35] And aside from that, right now they have no Navy.
[3:38] It's been wiped out.
[3:39] No Air Force.
[3:40] It's been wiped out.
[3:41] They have no anything.
[3:42] They have no anti-aircraft.
[3:43] They have no radar.
[3:45] They have no leaders.
[3:46] Because, frankly, their leaders are very disjointed.
[3:50] They have a lot of problems right now.
[3:52] They're not getting along with each other.
[3:54] Their leaders — their leaders are not getting along with each other.
[3:58] So that's —
[3:59] The Press can't —
[4:00] The Press can't —
[4:01] The Press can't —
[4:02] The Press can't —
[4:03] The Press can't —
[4:05] The Press can't —
[4:06] We raised the tariffs on cars coming in from the
[4:09] European Union because the European Union was not
[4:13] adhering to the trade deal we have.
[4:15] So, based on that, now, when they build their
[4:18] plants, of which we're spending, they're spending
[4:20] over $100 billion for all countries, not just the
[4:23] Union.
[4:24] And when those plants open, there won't be any tariffs.
[4:27] But we raised the tariffs because they were not, as
[4:30] usual, they were not adhering to the agreement
[4:33] that we have.
[4:33] We have a trade deal with the European Union.
[4:36] They were not adhering to it.
[4:38] So, I raised the tariffs on cars and trucks to 25 percent.
[4:43] That's billions of dollars coming into the United States.
[4:46] And it forces them to move their factory production
[4:51] much faster.
[4:52] We have right now, in the United States, over $100
[4:58] billion of car plants being built.
[5:00] It's a record.
[5:01] We've never had anything like it.
[5:03] From all countries, Japan, South Korea.
[5:06] Every, by the way, Canada, Mexico, they're all building
[5:10] plants in the United States.
[5:11] But the European Union was not adhering to the deal
[5:15] that we made.
[5:16] The President, as you know, it's a very disjointed,
[5:28] unfriendly leadership, unfriendly to each other.
[5:31] They're not getting along.
[5:33] They're very, very confused by what's happened.
[5:35] Because, essentially, most of their military has been wiped out.
[5:39] But we just had a conversation with Iran.
[5:42] Let's see what happens.
[5:43] But I would say that I am not happy.
[5:45] The Press is very disjointed, very disjointed,
[5:51] very argumentative with each other.
[5:53] They come back.
[5:54] One says one thing.
[5:56] One says another.
[5:57] They're very confused.
[5:59] Obviously, their country has been, frankly, decimated.
[6:03] Their Navy is gone.
[6:04] Their Air Force is gone.
[6:06] Many of their soldiers, unfortunately, are gone.
[6:11] They've got to come up with the right deal.
[6:13] At this moment, I'm not satisfied with what they're going to do.
[6:15] The Press.
[6:16] The Press.
[6:17] The Press.
[6:18] The Press.
[6:19] The Press.
[6:20] The President, did you decide against bailing out Spirit Airlines?
[6:21] Well, I guess we're looking at it.
[6:22] If we could do it, we'd do it.
[6:23] But only if it's a good deal.
[6:25] The Press.
[6:25] The Press.
[6:26] The Press.
[6:26] The Press.
[6:27] The President, did you decide against bailing out this weekend
[6:28] because they haven't gotten a deal?
[6:29] Well, we're looking at it.
[6:30] But if we can't make a good deal, no institution has been able to do it.
[6:33] I said, I'd like to save the jobs, but we'll have an announcement sometime today.
[6:37] We gave them.
[6:38] We gave them a final proposal.
[6:40] The Press.
[6:45] The President, it's day 60.
[6:47] Are you going to seek congressional authorization for?
[6:49] The President, no other country has ever done it.
[6:52] It's never been, as you know.
[6:55] Most people consider it totally unconstitutional.
[6:58] Also, we had a ceasefire, so that gives you additional time.
[7:02] But no other country has done it.
[7:04] We're in the midst of a big victory.
[7:06] This is a victory like we haven't had since Venezuela, okay, to be honest with you.
[7:11] We haven't had.
[7:12] But, you know, we have a country that lost its way.
[7:15] It really lost its way.
[7:17] That's our country, in terms of the military.
[7:20] Now we have a great military.
[7:22] We're on our way to another victory, a big victory.
[7:26] And I don't think that it's constitutional what they're asking for.
[7:29] These are not patriotic people that are asking.
[7:32] You know, when they say, even the losers, even the ones that say all the wrong things
[7:39] admit that it's been amazing what we've done.
[7:42] The strait is totally shut down.
[7:44] It's flawless.
[7:45] It's totally 100 percent shut down.
[7:48] Now, we've been dealing with Iran.
[7:51] They want to make a deal.
[7:52] They're not there.
[7:53] They're not with a — not — they're sort of — they get close.
[7:58] And then a new group of people come in.
[8:00] They don't know who their leaders are.
[8:02] They have no idea who their leaders are.
[8:05] But they're very confused.
[8:07] And that's because of the success we've had militarily.
[8:10] And they essentially have no military.
[8:17] So many presidents, as you know, have gone and exceeded it.
[8:22] It's never been used.
[8:25] It's never been adhered to.
[8:26] And every other president considered it totally unconstitutional.
[8:30] And we agree with that.
[8:31] The Press, President, will Iran affect your China trip, given the blockade and the fire?
[8:41] The President, the China — it's going to be amazing.
[8:45] The visit with China and Chairman Xi, that's going to be great.
[8:50] We have — we have the trip with China coming up.
[8:53] And it'll be — I think it'll be an amazing event.
[8:56] The Press, President, if you can't get a deal on Iran, what next?
[9:06] What will you do?
[9:07] The President, well, right now we have negotiations going on.
[9:12] They're not getting there.
[9:13] They are very disjointed.
[9:15] They're extremely disjointed.
[9:17] They're not able to get along with each other as leaders.
[9:20] They don't know who the leader is.
[9:22] Their military has been defeated.
[9:24] We've had a — if we left right now, it would take them 20 years to build back that country.
[9:29] But we're not satisfied at this moment.
[9:31] The Press, President, are you spreading new strikes on Iran?
[9:40] Are you spreading new strikes on Iran?
[9:42] The President, why would I tell you that?
[9:44] The Press, President, here at airlines, what has been the holdup on a deal?
[9:48] Are they bobbing?
[9:49] The President, we're looking at it.
[9:50] We're looking at it, trying to help them.
[9:51] Something we're not looking to get involved with.
[9:53] But if we can, it's 14,000 jobs.
[9:56] We are — I would say we're driving a tough deal.
[9:59] But it's one of those things that we'll do it or we won't.
[10:02] We'll have something for you today or tomorrow.
[10:04] The Press, President, it seems like the other lenders are balking.
[10:06] They think they'll get bumped down in priorities.
[10:08] The President, well, they will.
[10:09] We come first.
[10:10] Hey, you know what it is?
[10:13] USA first.
[10:14] America first.
[10:15] That's my fight.
[10:16] Including with airlines.
[10:17] Including with Intel.
[10:18] You know, we made an Intel deal.
[10:20] You know that, right?
[10:21] We made about $40 billion on that.
[10:23] And someday Fox and Peter is going to talk about it.
[10:26] But we helped out Intel, and we ended up making $40 billion.
[10:31] So we're looking at spirit.
[10:33] Different kind of a thing.
[10:35] But we're looking at spirit.
[10:36] If we can help them, we will.
[10:37] But we have to come first.
[10:39] We're first.
[10:40] It's America first.
[10:41] The CEO of Anthropics came to meet Susie Wiles a week or two ago.
[10:45] What is the latest on your position on that company?
[10:48] Well, only that they had a very good meeting.
[10:50] The President's Comm Commander come in here yesterday.
[10:54] Was he briefing you on a different approach?
[10:58] Options.
[10:59] What kind of options?
[11:00] How would it look different?
[11:01] Well, there are options.
[11:02] I mean, do we want to go and just blast the hell out of them
[11:04] and finish them forever?
[11:06] Or do we want to try and make a deal?
[11:08] I mean, those are the options.
[11:09] Do you want to go blast the hell out of them and finish them forever?
[11:11] I'd prefer not.
[11:13] On a human basis, I'd prefer not.
[11:15] But that's the opposite.
[11:16] Do we want to go in there heavy and just blast them away?
[11:20] Or do we want to do something?
[11:22] They're a very disjointed unership, as you can understand, Peter.
[11:25] Very disjointed.
[11:26] I mean, they're not getting along with each other.
[11:31] And it puts us in a bad position.
[11:33] One group wants to make a certain deal.
[11:35] The other group wants to make a certain deal.
[11:38] Including the hardliners.
[11:39] The hardliners want to make a deal, too.
[11:41] Why wouldn't they?
[11:42] They have no Navy.
[11:44] They have no Air Force.
[11:45] They have no anti-aircraft.
[11:47] They have no nothing, actually.
[11:50] And there are some reporting this week that, because of all the firepower required for Epic Fury,
[11:57] that there are people in the White House who are starting to worry about our inventory of bombs and missiles.
[12:01] Are you worried?
[12:02] No, no.
[12:03] We have more than we've ever had, actually.
[12:06] Because all over the world, we have inventory.
[12:08] And we can take that if we need it.
[12:10] But all over the world, we have tremendous amounts of inventory.
[12:13] The best.
[12:14] For instance, we're stocked and locked and loaded.
[12:17] Right now, we have more than double what we had when this started.
[12:22] But, you know, we're all over the world.
[12:25] We're in many, many different countries, many different places.
[12:28] All packed up.
[12:30] Now, what happened is, Biden came in like a stupid fool, and he did — he gave a lot of what we had to Ukraine.
[12:39] And the $350 billion they spent — we don't do that.
[12:45] Everybody has to pay.
[12:46] The European Union pays us, but Biden didn't get money.
[12:50] He got nothing.
[12:51] He got nothing.
[12:52] But he gave a lot of the inventory away.
[12:55] Now, relatively speaking, it's not that — but it was a lot of inventory.
[13:00] He gave it to Ukraine.
[13:02] We've built it up.
[13:03] But we have inventory from all over the world.
[13:05] Are you going to go to the G7?
[13:07] The G7 is in France in June.
[13:09] Will you go to it?
[13:10] Probably.
[13:11] Mr. President!
[13:12] Mr. President!
[13:13] Mr. President!
[13:14] Will the Lebanese in France be meeting here soon, Mr. President?
[13:16] President of NATO.
[13:17] What about NATO?
[13:18] Did the king change your mind?
[13:20] King Charles?
[13:21] The President.
[13:22] The President.
[13:23] The President.
[13:24] He's just a great person.
[13:25] He's a high-quality person.
[13:27] I love the job he did in Congress.
[13:29] He actually got the Democrats to stand.
[13:31] He's a wonderful person.
[13:34] She's a wonderful lady, a wonderful queen.
[13:36] And we had a good time.
[13:38] The President!
[13:39] The President!
[13:40] Will the Lebanese in Israeli leaders be meeting here soon
[13:43] at the White House?
[13:44] The President.
[13:45] Yeah, they're going to be coming.
[13:46] Mr. President.
[13:47] When you go to a — this is going to be your first big public event
[13:49] that somebody tried to kill you on Saturday.
[13:53] Do you feel safe going for something like this today?
[13:56] The President- I don't even think about it, Peter.
[13:57] The Press- What about Pete Rose?
[14:00] Do you still support a pardon for Pete Rose, sir?
[14:04] The President- Oh, I think Pete Rose was great.
[14:07] I think Pete Rose should have been in the Baseball Hall
[14:10] of Fame a long time ago, a long time ago before his death.
[14:14] I think baseball did a great disservice by not
[14:18] respecting his achievements on the field.
[14:20] He was a great player.
[14:21] I knew him.
[14:22] I pardoned him, sir.
[14:23] The President- He was a great player.
[14:24] The President- Will you pardon him?
[14:25] The President- He's been fighting.
[14:27] The President- It seems like you're happy with your blockade,
[14:31] and you don't have to restart the war, or you don't have to make a deal.
[14:35] Is that correct?
[14:36] Are you happy with the blockade?
[14:37] The President- The blockade has been unbelievable.
[14:40] Powerful, 100%.
[14:42] It's been actually unbelievable.
[14:45] If we left right now, we had a great victory,
[14:48] but we're not doing that.
[14:49] We're negotiating with them.
[14:52] Their teams are unbelievably disjointed, but we are negotiating.
[14:56] Mr. President, the Nasdaq and the S&P 500 posted their biggest monthly gain since your first term, sir.
[15:04] Can you talk about what this means to you, the stock market performance?
[15:07] And do you believe that this is going to continue throughout the rest of your term?
[15:10] The President- Thank you.
[15:11] The President- The stock market is hitting record numbers.
[15:14] We have more people working in the USA today than we've ever had working.
[15:18] As you know, it's in many ways.
[15:22] Now, when this war ends, gasoline and oil and everything is going to come tumbling down.
[15:27] But right now, as of this moment, the stock market has hit record highs.
[15:33] We have more people, again, working in the United States today than at any time in the history of our country.
[15:40] We are really doing well.
[15:42] Now, gasoline is high.
[15:44] Other prices are way down, but gasoline is high.
[15:47] But when this is over, you'll have a world without a nuclear weapon with Iran.
[15:52] If you allow Iran to have a nuclear weapon, the world would be in great jeopardy.
[15:58] So we're talking about it.
[16:00] As soon as the war ends, the gasoline prices will go.
[16:04] The President- No, sir.
[16:05] You're going down to the villages.
[16:07] You're going to be talking to our seniors.
[16:09] You've delivered for seniors.
[16:10] No tax on Social Security.
[16:11] The President- Right.
[16:12] The President- Most favored nations.
[16:13] Can you talk about everything that you've done to help our senior population, sir?
[16:17] The President- It won't be well.
[16:18] No tax on tips.
[16:19] We have the largest tax cuts in the history of our country, also, and regulation cuts.
[16:25] And it's one of the reasons we're doing so well.
[16:27] So we have no tax on tips, no tax on Social Security for our seniors.
[16:31] We have no tax on overtime.
[16:33] And, you know, it's something that nobody talks about.
[16:36] If you buy a car, if it's American-made, you get a deduction on interest for income tax.
[16:42] And, by the way, very importantly, right over there is the greatest-
[16:49] You're going to have the greatest ballroom ever built.
[16:52] It's on time, on budget, and it's doing great.
[16:56] And, Mr. President- Mr. President, you're going to be hosting the first ever UFC fight
[17:01] at the White House in 45 days, sir.
[17:04] Can you preview the event?
[17:05] Can you talk about the card and what this will mean?
[17:07] The President- Well, they have some of the greatest champions in the world.
[17:09] The arena, they're going to start building it over the next week.
[17:12] It's right here. It'll be about 5,000 seats.
[17:15] They'll have 100,000 people down by the Ellipse with screens.
[17:20] And it's all free. It's going to be great. I gotta get it.
[17:23] Mr. President, please.
[17:25] He's a Christian sir!
[17:26] He's a Christian.
[17:27] He's a Christian.
[17:28] He's a Christian.
[17:29] He's a Christian.
[17:30] He's a Christian.
[17:31] He's a Christian.
[17:32] Come in.
[17:33] We have more people working than the United States.
[17:41] Cold War.
[17:42] in the United States has ever existed in history.
[17:46] Outside of the gas range, prices are way down.
[17:49] Prices have come down.
[17:51] And I inherited that.
[17:53] We inherited the highest inflation in the history
[17:56] of our country, 48 years.
[17:57] In the history of our country.
[17:59] Mr. President, Mr. President, Mr. President.
[18:01] And prices are down.
[18:03] When the war ends, it shouldn't be too long.
[18:06] They want to make a deal so badly,
[18:08] but they're not there yet.
[18:10] They're not there, in my opinion.
[18:11] When the war ends, gasoline prices are going to tumble.
[18:16] Because there is so much, right now, on the scene,
[18:20] already loaded into tankers.
[18:22] Tankers that can't escape the straits.
[18:25] There is so much, like the record said.
[18:27] But when the war ends, gasoline prices will go down to the lower
[18:32] they are going to go down to the lower they are going to go.
[18:37] The stock market, this is an all-time high.
[18:41] And again, more people working today than at any time ever.
[18:45] And we just got the largest tax cuts in history with the no tax cuts.
[18:48] Mr. President, Mr. President, you, Mr. Kurdish,
[18:55] do you like him?
[19:00] I love you, Mr. President.
[19:02] Mr. President, thank you.
[19:04] Thank you, Mr. President.
[19:05] Mr. President, you said you sent weapons to help Iranian demonstrators.
[19:12] Some sort of claim, these weapons are in Sulaymania, in Iraqi Kurdistan.
[19:18] Do you confirm that, and as you said, they will pay a big price?
[19:25] I'm not happy with the delivery of the weapons.
[19:29] I'm not thrilled with it.
[19:30] But the small amount of weapons were sent, and we'll see who has them.
[19:37] But I'm not happy with what happened with the Kurds.
[19:40] The Kurds did not deliver the weapons.
[19:43] Mr. President, sir, sir, sir, sir.
[19:47] ...
[19:54] We're all coming up the Texas, the U.S. and the Alaska,
[20:07] which is a could ofition.
[20:13] We're all coming up, they're loading up.
[20:17] The biggest ships in the world are coming up to Louisiana, Texas,
[20:20] and to Alaska.
[20:22] And they're loading up.
[20:23] I don't want to say it.
[20:25] But our country is getting stronger and stronger.
[20:31] This has been amazing.
[20:32] of oil and gas that we're selling now is at a level that nobody's ever seen.
[20:37] What do you consider Ron to say a bit for a cabinet position?
[20:44] Well, I like him a lot.
[20:46] I like him a lot.
[20:48] Mr. Ron, can you tell us that you're not satisfied with the plan right now?
[20:53] Can you tell us what facility you're not satisfied with?
[20:55] They're asking for things that I can't agree with.
[20:58] Sir, we know you got pressure from the crowd.
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