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Former President Donald Trump launches a fiery broadside against China, accusing it of taking advantage of the U.S. through unfair trade practices. In a powerful speech, Trump declares, "China got out of control," vowing tough tariffs to protect American industries. He insists, "The U.S. won’t be ripped off anymore," signaling a return to aggressive economic nationalism. Watch as Trump outlines his bold vision to restore balance in global trade and bring jobs back to American soil.

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Transcript
00:00We are going to have a fair deal with China. It's going to be fair.
00:04Are you talking to them actively now?
00:06Actively. Everything's active.
00:08Everybody wants to be a part of what we're doing.
00:10They know that they can't get away with it any longer, but they're still going to do fine.
00:15And we're going to have a country that you can be proud of, not a laughingstock all over the world.
00:20Every country wants to partake, even countries that have ripped us off for many, many years.
00:25China is an example, but it's not just China.
00:28The European Union, they ripped us off for many, many years.
00:36Tariff negotiations are doing very well. We're dealing with many, many countries.
00:40They all want to be involved with America.
00:44Be careful, folks.
00:45They all want to be involved with America, and we have a lot of action going on.
00:50We're making a lot of money, this country.
00:53This country is not going to be losing money on trade anymore.
00:55We were losing $2 trillion a year on trade.
00:59Now we're going to be making money, a lot of money.
01:02So that's very good.
01:03Every country wants to partake, even countries that have ripped us off for many, many years.
01:08China is an example, but it's not just China.
01:11European Union, they ripped us off for many, many years, and those days are over.
01:16We're going to make a lot of money for our people.
01:18We'll be able to lower taxes substantially, and we're going to be proud of ourselves.
01:23We're not going to be a laughingstock that got taken advantage of by virtually every country in the world.
01:29We thought you said you were going up to the lawn for a flag.
01:35We're putting up a beautiful, almost 100-foot-tall American flag on this side and another one on the other side.
01:44Two flags, top of the line, and they've needed flagpalls for 200 years.
01:51It was something I've often said.
01:54You know, they don't have a flagpole, per se.
01:56So we're putting one right where you saw us, and we're putting another one on the other side, on top of the mounds.
02:03It's going to be two beautiful poles.
02:07Paid for by Trump.
02:12They arrive in about a week or so.
02:16Can you clarify, Mr. President, on China?
02:19Yeah, we are going to have a fair deal with China.
02:22It's going to be fair.
02:23Are you talking to them actively now?
02:25Are you talking to them actively?
02:26Everything's active.
02:27Everybody wants to be a part of what we're doing.
02:30They know that they can't get away with it any longer, but they're still going to do fine.
02:34And we're going to have a country that you can be proud of, not a laughingstock, all over the world for many years.
02:40You know, in 1913, they traded to the income tax system.
02:45We used to be all tariff, and we had no income tax, and we had the wealthiest country we ever had proportionately,
02:52from about 1870 to 1913.
02:56It was all tariffs, and we did.
02:58We had more money than anybody.
03:00They had committees, how to spend the money.
03:02They had so much money, they didn't know how to spend.
03:04Then some brilliant person said, let's go income tax.
03:08Let's let the people pay.
03:09Now, we're going to be able to substantially lower taxes when this is finished.
03:13How does it look in the meantime?
03:17Are you considering lowering the tariffs on China while you're negotiating?
03:20It looks good.
03:20We were losing anywhere from $3 to $5 billion a day.
03:26Think of it.
03:27We're losing billions of dollars a day under Biden and other presidents, frankly.
03:33But under Biden, it got really worse.
03:35China got out of control.
03:36Well, we're losing a trillion dollars a year.
03:38Trillion, not a billion, not a million, a trillion.
03:42And now we're going to be making money with everyone, and everyone's going to be happy.
03:46But we're going to be, we're no longer going to be the country that's ripped off by every country in the world.
03:52Thank you very much.
03:52We've got a few words about the Pope, sir.

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