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This is what happens when the fourth turning meets fifth generation warfare. A commentator, international social media sensation and former Navy intelligence veteran. This is Human Events with your host, Jack Posobiec.
Christ is king. There are going to be some males in our society that will refuse to vote for a potential female president because they don't think females are smart enough to be president. We could line all those guys up and shoot them. They clearly don't understand the way the world works. There was an historic flood of undocumented immigrants coming across the border the first three years of your administration. Was it a mistake?
to loosen the immigration policies as much as you did? It's a long standing problem. What I was asking was, was it a mistake to allow that flood to happen in the first place? I think the policies that we have been proposing are about fixing a problem, not promoting a problem. But the numbers did quadruple. She has no clue. How about allowing people to come to an open border
13,000 of which were murderers. Many of them murdered far more than one person. And they're now happily living in the United States. You know, now a murderer, I believe this, it's in their genes.
And we got a lot of bad genes in our country right now. Mr. President, does Governor DeSantis need to take Vice President Harris' calls? All I can tell you is I'm talking to Governor DeSantis. He's been very gracious. He's thanked me for all we've done. He knows what we're doing. And I think that's important. I am working with the President of the United States. I'm working with the Director of FEMA. I'm marshalling all my state assets. We've been doing this now for
nonstop for over two weeks between Helene and this. And so if there's anything I can leverage to benefit my people, I'm going to do it. The fact of the matter is they put out a story saying I didn't take, I didn't even know she was trying to reach me, but she has no role in this process. This November, the people of Pennsylvania have to tell Kamala Harris.
That we've had enough of you. You're an incompetent person. You're the worst vice president in the history of our country, acknowledged to be. Kamala, you're fired. Get out of here. You're fired. Announcing a detailed plan to save the American auto industry and bring millions and millions of jobs back to our shores and very quickly. If you vote for Trump and you will see a.
mass exodus of manufacturing jobs, but from Mexico to Michigan, from Shanghai to Sterling Heights, and from Beijing to right here in beautiful Detroit. Wait till you see Detroit.
And they'll also be going to places like South Carolina, Tennessee and others. We have a lot of car making states, a lot of parts making states, too. And our car industry will have a renaissance, the likes of which of which we have never seen before in this country. We have never seen since the golden years. It's my goal to get.
our country on an auto making path where at some point in the near future it will be bigger and more important than it ever was and even in its heyday many years ago it was unbelievable. I think we can be bigger and more important because we have some very, very great assets and this is very personal for me. Personal. One of the reasons is because I've been talking about it for 20 years. I can't believe it happened.
That was the, when I was honored, that's all I talked about. I was watching this happen. It was at that time Japan. Japan was just taking our cars like we were a bunch of babies. I always say candy from a baby. That's how easy it was. Now it's Japan, but it's China and it's a lot of countries.
This was one of the biggest reasons I ran for president in the first place. You know, it was probably the auto industry that was most abused. You were the most abused. There are a lot of industries that are abused. We stopped it, but now I could put the brakes on it. Not only stop, I now know the game a little better. You know, I had never been a politician before. I got to the White House. I said, yeah, I've never done this before, but I had to learn, and I had some great people
Bob Lighthizer was great, our trade representative, but we had some people that I didn't like. I wouldn't have picked in retrospect. We had some clinkers, but you have to understand, I just got there.
I was only in Washington 17 times and I never stayed over. So I wasn't a part of Washington society. I didn't, it wasn't my thing. I was New York person, developer, did great. And I knew New York, but I didn't know Washington. So I came, I had to rely on people. Sometimes I'd rely on rhinos and that's what I'd get. I'd get a rhino and that wasn't so good. But we had mostly great people, but we had some ones that I would not have again.
And we're going to finish the job that we really brilliantly started because we had numbers that the ambassador gave you some of them. I don't want to bore you by going through it, but he gave you some numbers that were unprecedented. I intend for the triumph of the American auto industry to be among my greatest legacies. I want it to be a legacy.
I want American companies to not only dominate the American market, but also the foreign markets as well. They buy so many of our cars. It's so, so horrible. But you know, they only buy them if they're made in their countries. China, I don't object. Look, President Xi was and I would say is a very good friend. We broke up a little bit. You know, the way friendships break up, a thing called the China virus broke us up.
I think that's understandable, right? Cost the world about 50 trillion dollars and tens of millions of lives all over the world. I think that's a reason. But now I've always had a very good relationship with them. Very, very...
Strong, smart, man, he's strong and smart, meaning he wants to take your auto industry and so does every other leader of a country. They want to take your industry, all of our industry, and we're not going to do that. We won't let them play that game and it's not even hard and you'll understand that in a moment. I want German car companies to become American car companies. I want them to build plants in America. Otherwise, I'd rather not have their cars here.
Instead of American workers worrying about losing their jobs to foreign nations, I want foreign nations to be worried about losing their jobs to America. That's going to happen. It's going to happen. It's going to happen. And I hope the Democrats will go along with us, but we'll get it done one way or the other.
I hope they're going to go along with us. It's so good. It's like so many things they don't like voter ID. Why aren't they approving voter ID? Democrats don't want voter ID. You know why? Because they want to cheat, but they don't want to. I say, oh, they don't want to. First, I thought I was seeing things. I thought I was like I didn't hear that when I first started this. I thought I'd say the Democrats will not approve voter ID.
And it's only gotten worse. Gavin Newsom, the governor of California, just passed a bill. He signed a bill that you're not even allowed to ask anybody whether or not they have voter ID. Not only can't you use it, you can't even ask. I think it's a crime or something. I could ask the secretary of state. No, I think it's a crime. I think it's a crime if you ask somebody, do you have ID, voter ID?
Let's lock that guy up. In other words, it's not a crime to vote illegally, but it's a crime to ask whether or not there's only one reason for that. You know the reason? Cheating. They want to cheat. It's only one reason. It's crazy. No country in the world has a policy like that.
Mail-in voting is all gone all over the world all these things that we still fight over. They're all gone So we have to win a big election and we're gonna straighten it out But we got a straightener because you have two things you have borders and you have good elections You got to have and it would be nice to have a free press which we don't have at all We have a terrible press but those three things we have and we have to straighten it out So here is the deal that I will be offering to the world
To companies outside of our world, big companies, powerful companies that have become powerful because we were stupid. We were stupid. We allowed them to come in and raid and rape our country. That's what they did. Oh, he used the word rape. That's right. I used the word rape. Raped our country.
The United States will give you the lowest taxes, the lowest energy costs. We have more liquid gold under our feet than any other country in the world and it's the best, it's the best. We have the most and we have the highest quality. We have the lowest regulatory burdens and they were gonna be made low. I cut regulations more than any president in history. In a four year term, I cut more than any president by four times they say, four times.
I let the country do what they have to do. A lot of those regulations have been put back on by Crooked Joe and by Kamala. And it angers me so much because it's so bad. People shaking my hand backstage, sir, we had the best four years we've ever had. And now they're dying. They think they're going to so many people to tell me they're going out of business and free access to the best and biggest market on the planet. We're going to give anybody that comes in free access to the
best and biggest market anywhere on the planet that's here. But we gotta keep it that way because if we keep going like this, we're not gonna have the best or biggest market for long. But only if you make your products here in America. In other words, you get all of these assets, but you have to make your product here in America and you have to hire American workers. And if these companies don't take the deal, we're lowering the taxes way down.
Then they'll have to pay a tax when they, or tariff, when they send their car or product into the United States. And we will use the hundreds of billions of dollars in tariff dollars to benefit the American citizens and pay down our debt. In short, a period of time, it's going to be very quick. Think of it. In a short period of time, our deficit of about $1.8 trillion, I've heard it was $2 trillion. It's never been anywhere close to this, by the way, $2 trillion a year.
will be reduced to practically nothing and eventually our country will be making substantially more money over and above cost and we will start a massive debt reduction and also further tax cuts. In other words, what I'm doing is I took it from almost 40% your taxes, I reduced them to 21%
So that small corporations, everybody, even inheritance tax or a death tax, if you have a small business and you want to pass it on to your son and daughter, if you love them, if you don't love them, I would say just don't even bother listening to this part.
Is there anybody in the group that does not love their children? Where you want to raise your hand and say, "Sir, please don't waste our time with this." But on the assumption you want to leave it to your children, then you have no estate tax or death tax. They want to end that immediately.
And it really pertained to farms where a farm could be valuable, but they don't have cash. They have a valuable farm and they love their farm and they want to be farmers. It's a great way of life. People love it. They wouldn't want to do anything else, but they left the farm and then they have to pay a tremendous tax and they borrow the money from the bank. And within two, three years, and many almost, I guess, 62% of the time, they say they end up losing their farm to the banks.
I got rid of that. There's no estate or death tax at all for the farmers and small business owners. So they want to end that. It's a big deal. But I brought it down from almost 40% to 21%. And now...
And that makes us very competitive in the world. Don't forget the world is like states used to be. The world, people will take their businesses and they're loyal to their stockholders. And in many cases, the people that run the big businesses are not American. They couldn't care less for our country. They follow the dollar or they follow, we better keep them following the dollar by the way. We're gonna keep them following the dollar. That'll be another thing cuz we're losing that fast. We are losing that fast.
But we're going to bring it down. We brought it down to 21. That made us competitive. Not the best at all, but competitive. Now I'm bringing it down to 15%. But that's totally subject to you building your product, making your product in America. And I had calls...
So we're getting it down to 15, and now you're just about the most competitive, other than certainly for a big country, but you're just about the most competitive at 15. That's the beauty. They're going to all move back. They're going to all move back. They're all coming back, and then we're going to protect them so they don't get hurt with tariffs on people that aren't building here. And they're going to come in, and they're going to build here because they don't want to pay those stiff tariffs.
So we will build this policy and it's called Build It In America Plan. It's Build It In America because when foreign leaders and CEOs call me up to complain about our tariffs, my answer will be very simple. Build it in America, you don't have any tariffs. Build it right here in Detroit, you don't have any tariffs. Build it in Dearborn or Lansing or Grand Rapids or Flint, you don't have any taxes.
You don't have any taxes or tariffs or anything. So we're going to take that. We're going to take that. Remember, we started at 40. Everyone said you'll never get it down to 30. I got it down to 21. And that caused the biggest renaissance in the history of our country. We had the greatest period of success in the history of our country.
We did more revenue at 21% than we did at close to 40%. People were going wild. Businesses were flourishing. Small businesses were going through the roof. Big businesses, I was allowing them, they'd have hundreds of billions of dollars. Apple has an example. They brought in hundreds of billions of dollars. We had restrictive covenants where they couldn't bring money back into our country.
Two reasons. The tax was too high. It was so ridiculous. Nobody would do it. You had to pay a 50, 60% tax. So you bring money. So they said, well, we'll just leave it there and we'll develop in Europe or Asia, wherever the money was. But think of this.
We brought in trillions of dollars because I made it possible. I made the tax rate fair, reasonable, like a reasonable person would bring it in for a reasonable tax. And also I made the bureaucracy very easy. They had to hire four different law firms to get their money back if they wanted to bring it back. So what I'm proposing very simply then is a 15% made in America corporate tax rate.
cutting it from 21% all the way down to 15%, but only for those who make their product in the USA. It's very simple and beautiful. And I was called by a couple of the top people in Wall Street, I sort of know a lot of them. They said, who gave you that idea? It's so simple. I said, you know,
it's a great idea i have another one coming up for you that you're gonna like just as much you're gonna love maybe more oh you got a big one coming toward the end i want to save it for the end this way you're going to stay around and you're going to be so happy just pins and needles you're sitting right
No, I have one coming that I think is just incredible. But this is something that is going to revolutionize our country. Because it's not only auto companies, it's also others. But I think in particular, this is going to be something that is going to really lead to the renaissance in Detroit. And in our country, but in Detroit. This place will be booming. This place is going to be booming. And when you couple that with what I'm going to say in a little while...
It's going to really be booming. So U.S.-based carmakers and manufacturers will also be rewarded with expanded research and development tax credits, very substantial, where they will be able to write off 100% of their cost of heavy machinery and other equipment necessary to build a plant in the first year.
And full expensing for manufacturing investments and all helping to build these sprawling state-of-the-art plants. Our country needs to be an industrial superpower in the world. I have a friend who makes plants. He builds plants. That's what he does better than anybody in the world. And I said to him, he's a supporter, actually. I said to him, I want to see a plant. I want to see a really great auto plant. Where would we go? Let's go see one. And he said, uh,
Well, we'll have to go to Mexico. I said, what? We have to go to Mexico. I said, I want to see Mexico. I want to see here. He said, well, the big ones are really built in Mexico. They're building some really big ones right now. You know, your stupid union leader, Sean Fain or whatever the hell his name is, this stupid, stupid guy. He's playing around all electric cars, everything else. Did you see your numbers in the last few months? What's happening? You're losing your whole business business.
They're building the biggest plants in the entire world. This guy builds them. That's what he's good at. If you said build an apartment, he wouldn't wanna do it. He couldn't do it, but he can build an auto plant. All the top of the line, all automated. You press a button and the plant opens up, biggest in the world. And you know who's building them? China. They're building them at levels that nobody's ever seen before right across the border. And they think they're gonna make cars there.
and they're going to put you all out of business and they're going to sell them across the border and they're not going to have a tax no they're wrong they're going to pay 100 or maybe even a 200 tariff because we're not going to let them come in to our country and destroy what's left of our auto industry because it's a failing industry just like it's a failing country right now we're a failing country you know we're a nation in decline i hope you know that doesn't make me feel good to say it but we're not going to be a nation in decline for very long
Perhaps the most important element of my plan to make America extraordinarily wealthy, again, has to do with reciprocity. It's a word that's very important in my plan because, you know, we generally don't charge tariffs. I did. I started that process. It was so great with the vans and the small trucks, etc. I told you about. But we really don't charge. I mean, China will charge us a 200 percent tariff. Brazil is a big charger.
The biggest charger of all is India. India is a very big charger. We have a great relationship with India. I did. And with especially the leader, Modi. He's a great leader, great man. Really is a great man. He's brought it together. He's done a great job. But they probably charge as much. I mean, I think they probably charge more than in many ways China. But they do it with a smile, you know, and they do it.
Sort of a nicer charge. They said, thank you so much for purchasing from India. Harley Davidson came to the White House a long time ago during my third year or second year. And I met with them and they were based, I guess, in Wisconsin. And I said, how's business? Good, good. What are the bad countries? Well, India is very tough and they gave me some others. Why? Tariffs.
I said, why, what are they? And they said like 150%, some massive amount. I said, so do you sell many motorcycles? And because you think people want to buy a Harley, right? Anyway, no, we sell very few in India, but they want us to go there. They said, if you go there and build your plant there, we're not going to charge you anything. I mean, you can do whatever you want. They said, I don't like that. And lo and behold, I see they went and they built the plant and now they
do their business with India. They probably do it outside of India, too. Plenty. They built a very big plant. Many countries, they do that. And then all of a sudden you hear that they're leaving Milwaukee or they're leaving wherever they may be located. It's very sad to see it. And it's so simple. I mean, you know, this isn't like Elon with his rocket ships that land within 12 inches on the moon where they wanted to land or he gets the
engines back that was the first I realized I said who the hell did that I saw engines about three four years ago these things were coming cylinders no wings no nothing and they're coming down very slowly landing on a raft in the middle of the ocean someplace with a circle boom reminded me of the Biden circles that he used to have right he'd have eight circles and he couldn't fill them up
But then I heard he beat us with the popular vote. I don't know. I don't know. Couldn't fill up the eight circles. I always loved those circles. They were so beautiful. They were so beautiful to look at. In fact, the person that did them, that was the best thing about his, the level of that circle was great. But they couldn't get people, so they used to have the press stand in those circles because they couldn't get the people. Then I heard we lost. Oh, we lost. No, we're never going to let that happen again. But we've been abused.
by other countries. We've been abused by our own politicians really more than other countries. I can't blame them. We've been abused by people that represent us in this country. Some of them stupid, some of them naive and some of them crooked frankly. But interestingly it's often those
allies that we consider to be friends that have been the greatest abusers. We have some great abusers. I'll give you an example. The European Union sounds so nice. The European Union of countries. Oh, it's so nice. They're brutal. We have a $200 billion deficit with them now higher than that 250 something.
And like I asked at the time, Angela, Angela, how many Chevrolets do we have in the middle of Berlin? Oh, I do not know. Perhaps, perhaps none. You're right, Angela. You're right. How about Frankfurt? How many do we have? How many Fords do we have in Frankfurt? Oh, I don't think any. And yet they send their cars to us like a bunch of dummies. We are BMW, Mercedes,
Volkswagen, by the millions and millions and millions. And we're not doing that. We're not doing that crap anymore. Okay. Now they're going to have to play by our rules. They're going to have to play by our rules. But China, of course, was the biggest abuser. I mean, they were a professional abuser.
They did things to us and they go down as a developing nation. We are a developing nation. We're a developing nation too. Just take a look at Detroit. Detroit's a developing area, a hell of a lot more than most places in China. So we're not going to let this happen any longer. And I don't think it'll be possible.
for bad politicians to stop it. I don't think so because we've suffered too long and too hard. And I fixed much of it during my four years, but felt that during the COVID period, it would not be the right time to be doing this with countries. I renegotiated with Japan, I renegotiated with South Korea, I renegotiated with many.
But, you know, with the COVID, everybody was just literally devastated by that scourge. It was devastating. It was not the right time. So I had to slow it up a little bit. I was hitting them really hard. Shinzo Abe was great. He was assassinated. What a great man he was. When I went to Shinzo, I said, Shinzo,
We have to I got to know him very well. He was really a friend of mine. He was a great, great man, actually loved by the Japanese people. He got sick. He had to take a leave of absence for a period of time, but he was going back and he would have gone back and easily gone back. And he was just getting ready to do it. He was he was much better. I think he was probably cured of what he had and he was going back. But I said to him, Shinzo, Shinzo,
We have to talk about trade. I'm sorry to bring it up. I'm sorry. This is the most one-sided deal I've ever seen. You send millions of cars to us and we can't send you a car. They didn't accept any of our cars. You send all of your farm products to us and you don't want to accept our farm products. I'm sorry, so we're going to have to negotiate something. He looked at me and goes, I know. I said, what do you know? He said, well, I know that you were going to be coming back to me.
And I know that it hasn't been fair. I said, well, how did it happen? He said, well, we'd ask for things and the Americans would agree to it. Your representatives, your presidents, Republicans too, by the way, I'm not talking just Democrats. He said, we were friends. He would say this. I probably wouldn't say it if he were around because it's not very nice, but he told the truth. He said, I said, how did you get these deals?
He said, we would ask and they would approve. And we were amazed ourselves. But I knew you'd be coming to see me. And I said, I have to see you, Shinzo. And we made a new deal with Japan. But we were stuck with an old one. So I couldn't negotiate as good as I normally would. But we made it palatable. And we were going to really make it palatable when this one came up. But he was great. But he looked at me. I'll never forget it quite.
He said, he called me Donald. Donald, I knew that you would be coming back because I knew that you understood it. But he also said that other people didn't. Actually, it was quite sad, actually. And it's that way. I would look at these deals and say, who negotiated these deals? They were so bad. It's amazing that we even exist. But we have $36 trillion left.
in debt. We do have 36 trillion, we can't forget that. So it's not like, gee, that's been, we've been a little bit unlucky or something. No, we've been just for years and years and years, we've been accumulating, we'd have these deficits that are monstrous. We had five, six, seven, 800 billion deficit with China, just alone with China. And today it was announced we have the highest deficit we've ever had, almost $2 trillion, think of that.
We have almost, and we have the highest deficit we've ever had with China. And that won't last long. It's not going to last long. We'll be able to do something about it. Because China wants to do business with us, but they think we're stupid. They think we're stupid people. And then they see our president, and then they see a person that is representing the Democrat Party.
and got no votes and was the first one out. She was the first one out, think of it, she was the first one out. She never made it to Iowa, 22 people running and she was the first one to quit and now she's running and it's all right. But nobody's ever had a run against two people before. First, I had a run against him, then we had the debate and his numbers weren't good and it looked like he was gonna lose. So they said, you're gonna lose and we want you out and eventually he agreed to go out. He didn't want to, he's a very angry man by the way and he hates her.
And then it was a question. They have a person in the state who some people talked about. They had a lot of people, but they had about 12 people. And they put her in, 12 people plus her. She was number 13. She was rated number 13. There are 12 people that they wanted more, but they didn't want to be politically incorrect. And they chose her and were running against her. But if she gets in, it'll be a disaster for this country. Basically, if a
country or any country is charging us tariffs, very important, reciprocal. If they're charging us tariffs for a certain product or tariffs at all, if they're charging us tariffs at all, which almost all of them do, then we will likewise charge them tariffs and we will quickly reciprocate. In other words, we have countries that are charging us 150% tariff.
And we charge them 2%. And I actually went to a politician, a senator from the great commonwealth of Pennsylvania. He'll figure out because he wasn't able to run because I wouldn't endorse him. Because I called him the anti-tariff person. I thought he was not a bright person.
And he was one of the few that said, no, no, we cannot charge tariffs. I said, but they're charging us 150%. So can we charge them 100%? Sir, no, we can't. It's not free trade. I said, really not free trade. Well, what about them? No, sir, it's not free trade. Can we charge them 50? They're charging us 150. Can we charge them 50? He goes, no, sir, it's not free trade.
I said, you're either the dumbest human being I've ever met or you're a crook, one or the other. And he's no longer a senator. He decided not to run. But I think it was a disgrace. I had a lot of problems with him. But basically, one of two things will happen. They're going to call us or I will call them and say, look, we can continue to play this game or we can save a lot of energy and pain and bookkeeping.
And we'll just all drop the tariffs, right? We'll just all drop the tariffs. Or we can get paid royally every time a shipment of their goods comes to our shores and we'll make a lot of money. One way or the other, we win. But it's reciprocity. We'll probably, I think for the most part, they're going to drop the tariffs. Right now, they're not going to drop them. We have countries that are charging us 100%, 150%. Think of it. And we charge them nothing.
It's been a pillaging of our country. It's been a terrible, terrible thing. This has been going on for a long time. I started changing it a lot fast. I changed it with a lot of countries. A lot of countries don't like me. I get always bad publicity. This one doesn't like me. Germany doesn't like me. A lot of countries don't like me. They say, who do you like better?
Sleepy Joe Biden or Trump? Oh, I like Biden better. Yeah, because he didn't let them do what they're doing. He doesn't have a clue, the guy. He just goes to sleep at 4 o'clock every damn day. He doesn't have a clue. And he's destroying, you know, they're destroying our country. You see, that's the real threat to democracy, stupid people. That's the threat. Our biggest threat to democracy is stupid people.
But there's a third thing that can happen and that's the fact that if they want to avoid this payment, and this is the best thing of all, they can come in and build a plant or a factory in the United States
and spend all of their money and build, and I don't care what country it is, and they're gonna hire American workers, and they're gonna have a factory in the United States, and then you don't have to pay a tariff, and won't it be beautiful? We'll have job numbers like you've never had before, and that's actually, to me, the best of the three things. So it's a very simple thing to understand, and they've been doing it for years, but they do it very quietly, and they do it intelligently, and a lot of people don't see what they're doing.
As an example, you want to sell cars in China, they tell you build your plant in China. If you don't build the plant in China, we're going to charge you a tariff that you're never going to pay it. So a lot of people go over to China and they build their plant. The only question I have is where do we stop with reciprocity? Because frankly, we have much more to offer. And they've been screwing us for so many years that we're allowed to get some of that back.
So I say, do we want to stop on an even basis? We won't do this, we won't do that. Or do we want to stop on a basis? You don't do it to us, but we're going to still do it to you a little bit. And that's where I am, I think. And in a way, they owe it to us, you know? In a way, they owe it to us because they've been taking advantage of us for decades. And in a way, and it's made us, it's injured us. We're injured. We're an injured country from trade. And, you know, with NATO...
When I got there, 28 countries they had at the time and only seven were paid. The rest of them weren't paying or they were paying a smaller amount than they were supposed to pay, including Germany, by the way. Germany wasn't paid, can you believe? Because they said, we're stupid, we're going to take care of them anyway, why should they pay? A lot of the countries felt that way.
And I made them pay. I said, you got to pay. And one person at a very close meeting, press knew about it a little bit, but they never reported it because it was a good thing, not a bad thing. So naturally, you don't hear about that. But it was at a meeting and he stood up, the head of a country, one of the countries. He said, so does that mean that if we don't pay, you will not protect us from Russia? It used to be the Soviet Union, now it's Russia. Sort of the same thing. I said, that's what it means.
"You will not protect us?" I said, "Are you delinquent?" "Yes." "Let's say we're delinquent. I will not protect you under any form. You will not be protected." And the following day, we took in billions and billions of dollars. The money came in, and Stoltenberg, the secretary general, a good man, he said, "It was the most amazing thing I've ever seen. Obama would come and make a speech and leave. Bush would come and make a speech and leave.
Trump would come and look at the statement and say, man, because we were almost paying for all of NATO. So we were getting screwed on NATO and screwed on trade, a double. Nobody else would have done. This is crazy. So we're protecting you and you're taking advantage of us on trade. I said, sorry, we're not going to take it anymore. But the money came. We took in hundreds of billions of dollars in NATO, hundreds of billions.
And by the way, they should be paying 3 to 4%, not 2%, okay? They're 2%, they should be much higher than that. But that's up for whoever is going to be the next president. I think Kamala, it's not going to be high on her list.
I don't think anything that we're talking about today is high on her list. The whole country is going to be like, you want to know the truth? It'll be like Detroit. Our whole country will end up being like Detroit if she's your president. You're going to have a mess on your hands. She destroyed San Francisco. She destroyed, along with Newscum, California. And we're not going to let her do that to this country. We're not going to let it happen. So we are the piggy bank.
That everyone wants that someday we will continue along the path we've been really it's been an amazing path it's been a horrible period of time but almost the last four years we will be I will tell you that if I get elected we will be a piggy bank stronger than ever before but we will be a fool no longer we will
If you get her, lose our wealth, we're going to lose our power, and we'll also lose our reserve currency status, which will be like really losing a war. If we lose that, it'll be horrible, but we're losing it right now. You're losing your reserve currency, the dollar.
the dollar so many countries aren't partition look china wants to take that over that's one of the many things that they want to take over we can deal with china you know we can deal with china and we can deal with russia and we can deal with north korea obama at our meeting prior to taking over when i took over it's just a ritual at a meeting he said the biggest problem is north korea and
Very quickly, it was nasty for a while. Little Rocket Man, a lot of insults. Remember when he said, "I have a red button on my desk." I said, "I have one too, but mine's bigger and mine works." Remember that? He said that. And a lot of people were saying, "This is getting to be very heated." And then he called and he wanted to meet and we met and I got along great with him. I hate to say it because the press goes crazy when you say that, but that's a good thing. It's a good thing, not a bad thing. A lot of nuclear weapons.
But we got along very well and you had no problem. Nobody was threatened after that. They're threatened now. You could very well end up in World War III right now. You're very close to it. You're closer than ever. This is the closest we've ever come to World War III. You are so close to it because you have incompetent people in the White House. So that would reduce us if we lose the dollar. That would reduce us to third world status very quickly.
But again, I would come into play and tariffs would come into play and I'd call those countries that want to stay away, but they do business. They come in and they take our money and they take our jobs like we're like just so easily. And I would call them and I say, if a country, let's say, ready to go to China with their currency or someplace else. But China is about 99% of the problem in all fairness.
I would say to them, if you do that, I'm going to hit you with tariffs like you've never seen before, or I'm going to not let you trade with the United States. And I'm going to also hit you with tariffs. Double whammy if you get anything through, but you're not because we're not going to do any business with you. And they will then call us and they will say, sir.
We have decided that we love the dollar very much and we're going to stay. That's what they will say every single time. So, you know, tariffs are a very important thing. They need a PR agent to straighten out that word. If I was Mr. Tariff, I would say, please get me a PR agent. I have to straighten out. It's one of the most beautiful things.
words in the whole world. It's gonna make us wealthy again. The other word is reciprocity is gonna make us wealthy again. We're gonna be a very wealthy country very quickly, very, very quickly. Our greatest wealth probably proportionately was in the 1880s and 90s and the early 1900s where we had so much cash, they would set up committees. They didn't know what to do with their wealth. We had such wealth in this country.
They didn't know what to do with their wealth. They had no idea. They would set up, we had so much money, all from tariffs. There was no income tax. And then they went to the income tax stuff and it was a whole different story. Then you had the depression. A lot of people said, tariffs maybe cause it. It wasn't. Tariffs came in in 1932 after the depression. They tried putting tariffs on to see if they could save. They said, we got to save this thing.
but it was long gone. It was gone. I will do this with each and every abandoning country if they abandon us, meaning they abandon our currency. And our reserve currency will be stronger than ever before. We'll have everybody in there. Everybody will be happy to be in there, including China, because I'll tell China the same thing. If you want to play games with us, we're not going to trade with you. They make
a trillion dollars a year with us they built our military they make so much money i said we're not going to do any business we'll go cold turkey a lot of people would like to do that anyway but we're going to go to cold turkey and we're going to go with 100 and 150 percent tariffs so if anything does get through you're going to have to pay tariffs you know china is very smart i'll tell you when i put the tariffs on the steel
They were very unhappy, but they didn't tell me. They said, it doesn't matter we're China. I said, oh, it doesn't bother them, so then ask them for more. That was my initial reaction. We started at 25%. I said, they said it doesn't matter. And I said, all right, so ask them for more. So we asked them for more, 10%. It didn't bother them. That's what they said, but it did bother them. But they're great players. They're great poker players. It didn't bother them. I said, well...
Ask them for more. Ask them for more, more, until it bothers them. And finally, you got a call from President Xi. He said, you're killing us with the tariffs. And then we got along after that. It's very strange. But the great poker players, the great negotiators, all these countries are great negotiators. The only one that isn't is the US. We're the dumb country. We're like the pot of gold that's rapidly shrinking.
So very much like I told them that if they buy oil from Iran, I would not be trading with them. Iran was broke when I left office and I don't want them to be broke. I want them to be a strong country. I just don't want them to have a nuclear weapon. It's very simple. And you protect Israel and frankly, you protect the Middle East. I wanna protect the Middle East, the whole Middle East. And I hate to see this death to everybody.
People that have nothing to do with anything are being killed all over the place on both sides. Nobody wants that. We have to protect everybody. And China didn't buy any oil. I said, if you buy one barrel of oil from Iran, one barrel, I said, then you're going to not do any business with the United States. And we're going to oppose tariffs if you do get something through very substantial, over 100%.
And they said, we'll pass. I told this to President Xi. He said, we'll pass. They didn't do any business. And Iran was, and I said this to many countries, by the way, not just China. I mean, many countries treat us worse than China. You want to really know the truth. But China seems to be the one we talk about. But before I came along, nobody talked about China. They had a free pass. They were going, you know, run silent, run.
run low, right? You know that expression? Submarine. Nobody knew. I woke up our country a little bit, but Iran was broke. They had no money for Hamas or Hezbollah. And I didn't want to see them broke. I want them to be thriving, but I just had to negotiate. The only problem was he was the only problem. The election took place and it was very shocking to a lot of people.
And when they took over, they didn't do anything. They didn't do anything. They actually did the opposite. They allowed everybody to go and buy oil. They allowed everybody to do all of those things. And Iran became very wealthy again. They now have $300 billion in cash. They're very wealthy. They control Iraq, which was a stupid move, going Iraq. I remember I said, don't do it, don't do it, don't do it. But I said it as a civilian.
then they did it i said okay you've done it keep the oil they didn't do that either so we go and we blow up countries and then we leave we got nothing except dead people all over the place on both sides how stupid are we that was a cheney deal and a bush how stupid are we not just democrats it's both i'm equally angry at both because
We have humanity to think about also. You do, you have humanity to think about. And all of these things, they should have never happened. Ukraine should have never happened. October 7th should have never, should have never happened. If you had smart people at the White House that knew something, a little bit of something, it wouldn't have happened. Think of the world, how different it would be. You wouldn't have Ukraine, Russia. You wouldn't have had October 7th. You wouldn't have this horrible thing that's going on. You wouldn't have had inflation.
You wouldn't have had the worst, most embarrassing day in our history. We were leaving Afghanistan. I'm the one that got him down, but I would have kept Bagram. You know why I would have kept Bagram? It was one hour away from where China makes its nuclear weapons. One hour away. So you see, the ideas and the policy are important, but the most important thing of all is the messenger, because I could give that same message to a stiff, and it wouldn't resonate at all with the other side. You have to have the right messenger.
Somebody said, we love Trump policy, but we don't like Trump. I think they do. They said to women don't like me. I think women love me because they wanna be safe and with me they're safe with other people they're not safe. It's true. So remember I want tariffs but a very, very big, easy and uncomplicated part of it is reciprocity because that comes along with it very simply. And all tariffs against our nation must come off, they have to come off.
They got to come off immediately because we're going to meet them with an equal tariff and they will come off for the most part. But if they don't, they have to pay a big price. So next, in addition to this rather easy thing to understand, by the way, does everyone understand this? Does everybody understand? Is there is there anybody that doesn't understand it? Would you please raise your hand? Raise your hand. Does anybody not understand it? Say how simple is that? I'd like to see the person. I really don't, sir.
Didn't they have a front page story? And we had a couple of dummies in the room. But we will implement further protections for critical industries that are fundamental to our national interests, and those include above all steel and the car industry. The car industry is critical to us. We can't fight a war if we can't make cars and trucks and engines and transmissions and drive trains.
surrendering our car industry is not an option. We have to make our car industry brilliant again. We have to make it bigger. I'm gonna make it bigger than it was ever before. Now, I'm gonna make it real very quick it's gonna go. But to bring that to that level, I guess I'll need a little more time, but I won't have that time. But I'm gonna hand it over to people. We're gonna make this country so strong
and it's gonna be so much easier to run. And I think we're gonna end up actually having a lot of support from the other party. I really believe that I think it's too basic. So as I said, China is currently building gigantic auto plants in Mexico and they think that they're going to sell all of these cars into the United States which would destroy Michigan, totally destroy your state.
But it's not going to happen, not gonna happen, not even close. They might as well stop building the damn plants. They are giants. Sure, you really have to see them. I said, I don't wanna see them. I will impose whatever tariffs are required 100%, 200%, 1000%. They're not gonna sell any cars into the United States with those plants. They're building them close to our border so that they can have easy shipping.
Because they're used to having stupid people to deal with. We're not going to let it happen. Those jobs are coming back to Michigan and they're coming back to other states and they're coming back to our country and they're going to make America great again. That's it. And to that end, I'm announcing today.
that upon taking office, I will formally notify Mexico and Canada of my intention to invoke the six-year renegotiation provisions of the USMCA that I put in. That was the hardest thing I had to get. They didn't want that. They wanted to have it, but I wanted to, because there's always like little tricks they want to play. I said, nope, I want to be able to renegotiate in six years, otherwise we're not making the deal. And I got it, and it's coming due very soon. Oh, I'm going to have a lot of fun.
And that'll address these concerns. And it will also seek strong new protections against trans shipments so that China and other countries cannot smuggle their products and auto parts into the United States tax free through Mexico to the detriment of our workers and our supply chains. They smuggle this stuff in. They don't pay anything. We're going to have very strong language of that. It's not hard once you know about it. But nobody, no politician knows.
knows about it. And when they signed the NAFTA deal, there were some mistakes made, typos, like typos. There were mistakes made, and they were going to take care of it the following day. 30 years later, they said, whatever happened? Mistakes like on the numbers, which were always against us. Nobody ever did anything about it except me. I terminated NAFTA. That's a pretty big thing. A lot of people said it would be impossible to do. I got it done.
And we have a great deal now. What we have to do is make it much better even. And we'll be able to do that very shortly. But while I have the build it in America plan, Kamala Harris has the build it in China plan. This is really a build it in China plan. She's going to destroy our country. Her plan is so stupid. Every policy she is rewards companies for shipping jobs overseas. Most significantly, Kamala is a giant tax hiker.
The tax queen, they call her, is demanding a shocking, I don't even, to be honest with you, after watching her on 60 Minutes and on watching that horrible statement that she made, they call it a word salad. I don't really like those words because it was really worse than that.
But after watching that, I don't think she's interested in 33. I don't think she has any idea what's happening, okay? I think she's dumber than hell. And we've had enough of that for four years. We're not going to have it any longer because we're not going to be a country if we have it. You will see that. You've got to see. No, you've got to see. And to think that a member of the media...
under this big press corps where they get free licensing. They shouldn't have free licensing when they do that. And they change her answer. They take it out, throw it away and put in a totally different answer in order to protect her and they get caught. CBS should lose their license. You know, they have a license.
They have a license which is worth billions of dollars and they pay nothing. All of these networks are all crooked as hell. You saw that with ABC. They go after me, not her. They go after J.D. How good is J.D. doing? Isn't he doing good? They go after J.D., but not this character, this character that calls himself a knucklehead.
I've never seen that in a debate. He said, "Well," he said, "Knucklehead." I don't want to say I'm a knucklehead because I always say, well, I'm quoting him. They'll say, "Trump just called himself." That's how crooked they are. So I say, "Well, actually, you know, it's amazing that he calls himself a knucklehead." Normally, I'd say, "You know, he calls." So I don't want to do that because if I say that, they're going to say, "See? Trump called himself a knucklehead." No, I don't call myself a knucklehead. I call myself somebody that wants to make our country great again. Very simple.
The tax queen is demanding a shocking 33% tax hike on all domestic production. That means that everybody's going to leave our country and go to another country where they can pay 15, 16, 18, 19%. It's very simple. It's not that complicated. She wants the largest capital gains tax. Largest gains tax. Think of this.
In the history of our country, she even plans to tax unrealized capital gains. Think of it, unreal, think of what that means. It's an unrealized gain and she wants to tax it. How do you do that? Okay, she wants to tax and a lot of people are rich but they have no money. They have good land or they have something or they put all their money into their business because they wanna have a business that's gonna get better and better and grow and grow.
But they're rich, but they have no cash. Now they're going to have to go out and borrow a lot of money to pay a tax. They're going to have to get good appraisers. They're going to have to get a lot of accountants. The only one who are going to make money are appraisers and accountants and lawyers. But those people, they're all going to leave. They're all going to go to other countries. So if a company succeeds, it must give a lot of its value to the government. And if it doesn't succeed, the government doesn't take any risk. They don't lose, but they do lose really because they lose all those jobs and all that money.
All of those important things. If the tax queen gets her way, every company in the United States will leave. I mean, they're going to leave. They're not staying here. There's such competition for companies. It's like a basketball player, a baseball player, a football player. There's a lot of competition, no different, just bigger numbers.
Altogether, Kamala's $4.1 trillion tax hike is projected to reduce GDP by 2%, raise the typical family's taxes by at least $3,000 a year, lower wages by 1.2%, and kill at least a million full-time jobs. Other than that, I think it's quite a good plan. It's just crazy. I will not let that happen to our country. I will...
Keep your taxes low and your job numbers high. That's what we're gonna do. We're gonna have the highest job. We had the highest job numbers in history in my administration. We're gonna make that look like peanuts. The theft of our companies, factories, jobs and wealth.
by foreign countries is over. We are not going to allow it to happen anymore. And many of those who left will be coming back and they're going to be coming back fast. They want to come back. They want to come back. I produced that with the money they took in money. We took in hundreds of billions of dollars came back into our shores once I made that change on the tax law, which had to get approved by Congress, believe it or not.
Next, to reduce costs for both manufacturers and consumers, I will remove 10 old regulations for every new regulation. Every time we put on a regulation, we cannot put it on unless... And I did that, and that's what gave us... We had it up very high. We had about seven to one, it turned out, and we had it up high. Now we're going to bring it up to a newer level, a higher level.
And I will start by terminating Kamala's insane electric vehicle mandate on day one. It's killing our car industry. Kamala's EV mandate is killing the US auto industry. It requires that within just a few years, 67% of all new cars and trucks must be electric. And it doesn't work for trucks at all because of their weight, their payload.
doesn't work at all and because they can't go far i was with the truckers recently because they came to see me because they don't know what to do they say they want us to go all electric with trucks and i was with one man who was a giant in the industry older guy very smart just like 29 000 trucks 29 i said what the hell 29 000 he said yes sir
And I've been buying trucks for 50 years. And every single damn year, those trucks got bigger and better and more efficient and more beautiful. They could carry more payload. They could do every single year. And then we put apartments on those trucks. He called it an apartment. And so the cab where they put these things where they can live. He said, and those damn apartments now are so beautiful that you'd love to live in one of them.
He said, "I don't know. I'm gonna leave Mar-a-Lago and move into the back of a truck, but it's beautiful. I can think of worse things, to be honest with you. It's sort of cool, right? Travel all over the country." But he said, "They get better." So then I said, "Well, what's wrong with the electric?" He said, "If we go from New York to Los Angeles, we have to stop six times, and you'll never find a charger."
But assuming you had charges, which you won't have, they built, as you know, big story, eight charges someplace in the Midwest. They spent $9 billion. This is like a gas pump with electricity in it, right? Boom. They spent $9 billion and three of them don't work. Now, if you did the whole country at that rate, it would cost you $10 trillion, $10 trillion. But they said...
we have to stop six times and they're long stops much longer than fill it up like a tank he said with a big load of diesel we can get all the way and we can even start coming back without a stop and the truck gets lighter as you go along the other thing he said that people don't know is that an electric truck would be two and a half times heavier because batteries are very very heavy
And that would mean you'd have to rebuild every bridge in the United States of America because they're not designed for that kind of a weight. So every bridge in the United States would have to be rebuilt. And also, he said, a couple of other little problems. He said, the battery is so big, it would take a lot of our payload, would lose 40% of our payload, would have to have battery in there instead. I said, so when you tell them this, if you're a child and somebody said that, you'd say, okay, let's think about it in 10 years or 20 years from now.
It doesn't work. He said, we tell them, they said, we don't care. Just we want, you're going to order all electric. This is like a dictatorship. These people are sick. Now they want to make our army tanks all electric. I saved the army tanks up in Ohio where they make them. And because I hated the fact that they were closing it. When I was president-elect, I got called from the great Jim Jordan, congressman from Ohio.
In Lima, they have a plant that manufactures the army tanks. They were going to close it. And I looked, I went there, the complexity, the talent, the people they had working there was incredible. And I said, we're not closing this plant. And now it's the number one producer. It's incredible. But now they want to make army tanks that are electric because they want to go into a country and blast the crap out of it in an environmentally friendly way.
But these people are crazy. And the problem is the electric battery is so big and so heavy that it would have to be in like a wagon that a child pulls behind the tank. They pull in a battery and it would have to be. And it doesn't work. They want to make everything electric.
And yet think about it, they want to make everything electric, but and I'm a big fan of electric. I think it's great. There are certain applications. I mean, Elon Musk endorsed me powerfully. Okay, we love him.