https://www.pupia.tv - USA - President Trump Makes a Trade Announcement (08.05.25)
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00:00Grazie a tutti.
00:30Grazie a tutti.
01:00Grazie a tutti.
01:30Grazie a tutti.
02:00Grazie a tutti.
02:30Grazie a tutti.
03:00Grazie a tutti.
03:30Grazie a tutti.
04:00Grazie a tutti.
04:30Grazie a tutti.
05:00Grazie a tutti.
05:30Grazie a tutti.
06:29Grazie a tutti.
08:29Grazie a tutti.
11:29Grazie a tutti.
14:59Grazie a tutti.
16:29Grazie a tutti.
16:59Grazie a tutti.
17:29Grazie a tutti.
23:59Grazie a tutti.
25:29Grazie a tutti.
25:59a tutti gli altri, anche più di quello che abbiamo deciso di fare oggi.
26:03Ma anche ci ha avuto il platforme, il springboardo,
26:08per fare quello che mi credo sia più valore
26:13per i nostri paesi in futuro,
26:15e che è creare una partnership tecnologica
26:19tra gli Stati e gli Stati,
26:22che possiamo fargare la scienza e la tecnologia
26:26in order to create future industries and future jobs.
26:30And to do that together, in the way we work so closely
26:34already in the national security and defense area,
26:37we can just take that to yet further areas
26:41of science, enterprise and endeavor.
26:44So, we're looking forward to doing that in the coming months.
26:50You've launched us extremely well today.
26:55It just, in my view, as the Prime Minister has said,
26:58just shows what two countries who trust each other,
27:02who are confident in each other and are familiar with each other,
27:06can do not just for ourselves,
27:08but for those in the rest of the world
27:10who need to benefit from a bigger and better
27:12international trading system.
27:15The Presidente Thank you very much.
27:17Beautifully stated.
27:18What a beautiful accent.
27:20I'd like to have that accent.
27:21Thank you.
27:22The Presidente My mother would be proud.
27:23The Presidente Thank you very much.
27:25Any questions?
27:26The Presidente My mother is from Stan Hughes.
27:28Can I ask, why Britain and why now?
27:32And you've described this deal as a full
27:35and comprehensive deal,
27:36and yet we've just heard from Mr. Martin,
27:38so that it's the end of the beginning.
27:40Clearly, there's much more work still to do.
27:43With respect, are you overstating the reach
27:46and significance of this deal,
27:48because you're a President who needs a result
27:50at a difficult time?
27:51The Presidente I think that it's a great deal
27:52for both parties.
27:53It's for us, we're opened up.
27:56I didn't know how close it was.
27:58Quite close, the market, as you know, the UK.
28:01And it opens up a tremendous market for us,
28:03and it works out very well, very well.
28:07And a lot of assets, you see the chart,
28:11and those are tremendous assets.
28:13But we've been trying, and when you say,
28:15why us, meaning your country, we've been trying for years.
28:19And they've been trying for years to make a deal,
28:21including when I was in the, you know, first term.
28:24It would always be people talking,
28:26but they weren't getting it done.
28:28But for 25 years before that,
28:30they were trying always to make a deal,
28:33a very significant deal.
28:36I actually, until I looked at the numbers,
28:38I didn't realize this is a very conclusive deal.
28:41But we think we can grow it even from that.
28:43but this is a maxed out deal, not like you said it.
28:46You said it really incorrectly.
28:50This is a maxed out deal that we're going to make bigger.
28:53And we make it bigger through growth.
28:55But we have tremendous assets involved.
28:58I was surprised to see how big your country is in trade.
29:01Actually, you know, one of the biggest in technology
29:04and so many other things.
29:05It's agriculture.
29:08I really didn't know it's, depending on your definition,
29:11and it's from four to five to six, it's pretty big in the world.
29:15So I was very impressed by that.
29:17But we're going to take it to new levels.
29:20It's a very big deal right now.
29:24But I think it is going to grow.
29:26Just of its own volition, it's going to grow.
29:28And over time, there'll be changes made.
29:30There'll be adjustments made because we're flexible.
29:33We'll see things that we can do even better.
29:36But it's very conclusive.
29:38And we think everyone's going to be happy.
29:40and the people of your country are going to be very impressed
29:44with the result.
29:46And they'll be able to buy from more people.
29:48They'll be able to price things differently.
29:49They'll be able to get some products that aren't available
29:52to them now that we make better than anybody in the world.
29:56And it's just something that it's a great thing
29:58that it came together.
29:59It's so nice because we have many countries want to make a deal.
30:05And many countries are very unhappy that we happen
30:08to choose this one, to be honest with you.
30:11But it's a long time.
30:13Our oldest ally, or just about.
30:16I guess a couple of people claim that, too.
30:19But let's put it right at the top.
30:21I think it's going to be something very special for the U.K.
30:24and special for the United States.
30:26The Press-
30:29The Press- Thank you, Mr. President.
30:30Reagan Rees with The Daily Caller.
30:31How close are you to more deals?
30:33And when do you expect the next to be announced?
30:35The President- Well, very close.
30:36We have numerous deals.
30:38I know Howard is going back.
30:39As soon as this is finished, your press conference,
30:41he's got numerous.
30:42And Scott, who is right over here, who is fantastic,
30:45by the way, you were great on television this morning.
30:48I watched you.
30:49You gave them a little lesson in the world and economics.
30:53But Scott is going to be going to Switzerland,
30:57meeting with China.
30:58And, you know, they very much want to make a deal.
31:02We can all play games.
31:03Who made the first call?
31:04Who didn't make the first?
31:05It doesn't matter.
31:06It only matters what happens in that room.
31:08But I will tell you that China very much wants to make a deal.
31:12We'll see how that works out.
31:15Every country throughout the last 40, 50 years
31:19has literally ripped off the United States
31:21on trade, on military protection,
31:23on all the different things.
31:24And we are now making fair deals.
31:27And in this case, it's great,
31:29because we really weren't very much involved.
31:31You have the European Union, which is, I think, you know,
31:35I think you made the right decision years ago.
31:37I don't know if you remember, I was opening up Turnberry
31:40the day that you were voting.
31:42And they asked me, would it happen or would it not happen?
31:45I said, no, I think they're going to go their own separate way.
31:47I think it's better for them.
31:48And they did.
31:49I think it's going to end up being a very smart decision.
31:51But a big part of that decision was always that you'd be able
31:55to make a deal with the United States.
31:57And they were unable to do that.
31:58But now they made it.
32:00And it's a tremendous, you know, it's very important.
32:03That was always a big part of your decision on Brexit.
32:07And they were never able to make that deal.
32:09It was, you know, it was a tough one.
32:11And this one was, it's amazing with time.
32:14This one just went very smoothly, went quickly and smoothly.
32:18And a lot of common sense, as I like to say.
32:21It's tremendous common sense.
32:22But it's going to make your country much bigger in terms of trade.
32:25And it's going to make our country much bigger in terms of trade, too.
32:28Yes, sir.
32:29Mr. President, Tom, thank you.
32:31The President, Tom Bateman at the BBC.
32:34Thank you, Mr. President.
32:36You mentioned meat.
32:36The President, you mentioned meat.
32:37The President, you mentioned meat and beef exports.
32:39The U.K. currently doesn't accept American beef because of its own food standards.
32:50Are you calling on the U.K. to accept all American beef and chicken products?
32:56Mr. Well, I think they'll take what they want.
32:59We have plenty of it.
33:00We have every type.
33:02We have every classification you can have.
33:05As you know, Bobby Kennedy is doing a tremendous job, and he's, I think, probably heading toward
33:11your system with no chemical, no this, no that.
33:15I mean, I think we're heading that way.
33:17It seems to be.
33:19And — but we have that also.
33:21So we have — we're a very big country.
33:23We have a lot of beef.
33:25We're a very big country, so it'll be — it'll be great.
33:27Yes.
33:28Yes.
33:29The Pressure.
33:30The Pressure.
33:31Let's talk about American beef really quickly.
33:32And it can't be understated.
33:33Brooke Rawlins, by the way, how important this deal is and what this means to American farmers
33:38and ranchers.
33:39Specific to the beef, this is going to exponentially increase our beef exports.
33:44And to be very clear, American beef is the safest, the best quality, and the crown jewel
33:50of American agriculture for the world.
33:53So I think a really important part of this deal isn't just the ethanol reducing of tariffs
33:56from 19 to zero, which for our row croppers is a huge deal, but also for beef.
34:01And as we move forward, I know our incredible trade team is looking at all of the meats, all
34:06of the produce, really all of our agriculture exports.
34:09And I don't know if there's an industry that has been treated more unfairly and has suffered
34:14more than our agriculture industry.
34:15So we look forward to, I'll be in the U.K. on Monday talking to my counterpart over
34:20there for the next, really for next week, and I look forward to moving that out across
34:24the country.
34:25The President is incredible.
34:26I think we could say that we have the best in the world, best tractors, the best everything
34:31in the world.
34:32And they say that our agriculture is, you know, second to none.
34:36You understand.
34:37And it'll be a great asset.
34:38People are going to be able to have options, choice, and they'll have more of it.
34:42And that usually means lower prices.
34:44I'll bet we'll do you and then you.
34:46Go ahead.
34:47The Pressel- I have a question for the Italian TV.
34:48Daniele Compatangelo, LA70 with 2,000, Pound Time Media.
34:51So congratulations for the deal.
34:52We see a big revenues from the chart.
34:54But what's the rest of Europe?
34:56There is a victory day, but other European countries, it seems like they're losing the
35:01train.
35:02The President- We have decided to make a deal with Europe.
35:04We have found that the European Union treated us as extremely unfairly, very difficult,
35:10and hurt themselves in doing so.
35:12And they very much want to make a deal.
35:14We'll be dealing with them.
35:15We are dealing with them currently.
35:16So that'll cover pretty much the rest of it.
35:19But this was separate.
35:20Because of Brexit, in particular, you know, this was a separate deal.
35:25It always seems so natural.
35:26I mean, all the media would say that this seemed to be like, why did this happen 25 years?
35:31Why didn't it happen a long time ago?
35:33And it was always amazing to me.
35:36Somebody would say, hey, we've got to make a deal.
35:38We have to make a deal.
35:39But this deal just fell into place.
35:41The Prime Minister did a fantastic job.
35:43His representatives are total professionals, and they got along well.
35:46And it just seemed to work.
35:48And I think one of the reasons it did is because we blew up the whole system.
35:52And we would have just been dealing with you separately or, you know, country by country.
35:56But we didn't.
35:57We blew up the whole system.
35:58It was very fair to the United — very unfair to the United States.
36:01And I think because of that, this worked out so nicely.
36:05And I'm honored that it was the first deal.
36:07Please.
36:08Sir, you mentioned —
36:10Well, why don't you go in the back?
36:11Yes.
36:12Oh, thank you, sir.
36:13I'm with the London Times.
36:14I would say this is a great day for James Bond, because now Aston Martins will be available
36:18to America.
36:20But even better by extending it to film, you've talked about a big tariff on films.
36:26And we'd like to know if there'd be a relief on British —
36:28Well, we're going to have a discussion on that separately.
36:31And as you know, we're putting tariffs on that particular film, he said, the movie makers.
36:37And we're going to be doing some tariffs to get them, because a lot of them have left this
36:43country.
36:44They all live here.
36:45The money comes from here.
36:46Everything comes from here.
36:47But they make them in other countries.
36:48Sure.
36:49So we're going to do something to bring them back, maybe to a large extent.
36:54But James Bond has nothing to worry about that, I can tell you.
36:58James Bond.
36:59And, you know, Sean Connery was a friend of mine.
37:01Sean Connery was responsible for my getting zoning in Aberdeen.
37:04He said, let the bloody bloke build his golf courses.
37:07You know, I was like four years into the process, and it was impossible in Aberdeen.
37:13And he — I don't know — he just stood up one day and he said that.
37:17As soon as he said that, I got the approvals in about two minutes.
37:20So he had great — he was a great guy, Sean Connery.
37:23And great character.
37:24The Press.
37:25The Press.
37:26The Press.
37:27The Press.
37:28The Press.
37:29The Press.
37:30The Press.
37:31The Press.
37:32Are you going to Scotland and to the university?
37:33I will be sure.
37:34That's great.
37:35We have a lot of investment over there.
37:36We have Turnberry, Aberdeen.
37:37We have, as you know, and Dunebeg in Ireland right on the ocean.
37:38They're all in the ocean.
37:39I only have interests if they're on the ocean.
37:42And we have — we have good investments over there.
37:45It's been beautiful.
37:46Yes.
37:47The Press.
37:48The Press.
37:49Presidente Bessett and Ambassador Greer
37:51with their Chinese counterparts,
37:53not preemptively,
37:54but if the talks go well,
37:55would you then consider lowering
37:56the tariff rate on China?
37:58Well, it could be.
37:59I mean, we're going to see.
38:00Right now, you can't get any higher.
38:02It's at 145, so we know it's coming down.
38:05I think we're going to have
38:06a very good relationship.
38:07You know, I always got along
38:08very well with President Xi.
38:11That relationship was greatly disturbed
38:13by COVID when COVID came in.
38:16But we get along very well now.
38:18I mean, we had a...
38:19I mean, the relationship was hurt
38:20with a lot of people,
38:21a lot of countries when COVID came in.
38:23But I think we're going to have
38:25a very good relationship.
38:26I expect to have a very good relationship
38:28with China, Scott.
38:30I think it's a very friendly meeting.
38:32They look forward to doing it
38:34in an elegant way.
38:36China, as you know,
38:37has a tremendous trade surplus with us,
38:40and we can't, you know,
38:41we just can't have that.
38:43And...but I think it's going to...
38:44I think it's going to be very good
38:45for both countries.
38:46I would like to see China opened.
38:48You know, one of the big things here is...
38:51And nobody would know this,
38:52but the U.K. was largely closed.
38:54It was very much closed to trade.
38:56And now it's opened.
38:57And a lot of the financial reporters
38:59are very happy about that
39:01because it's so much...
39:02I've listened to them.
39:03I hope they get countries opened up.
39:06And then you compete on a fair basis,
39:08but you can't compete
39:09when you're not allowed to go there.
39:11China would be the number one example of that.
39:13You know, it's very closed.
39:14because we almost had it last time,
39:16before COVID,
39:18and that didn't work out.
39:20But we made a great deal with China.
39:22They had to buy $50 billion worth
39:23of our food products.
39:24And it was a great deal,
39:26doing very well for our farmers.
39:27And then when Biden came in,
39:29as usual, nothing happened.
39:30You know, he didn't enforce it.
39:32And it got less, less, less,
39:33and ultimately, you know,
39:35it destroyed a great deal.
39:36That was a great deal.
39:37But, no, I think that we're going to have a...
39:40I think we're going to have a good weekend with China.
39:42and I think they have a lot to gain.
39:44I do think they have far more to gain
39:46than we do, in a sense.
39:47But we're going to have a good...
39:50I think we're going to have a very good weekend.
39:51Can you speak to Xi after the weekend talks?
39:54Yeah, sure.
39:55Depending on what Scott says,
39:57we sort of...
39:59Scott is doing certain countries
40:00and Howard's doing certain countries.
40:03I mean, I wish I had, like, 10 more of each.
40:05Then we could do them all at one time.
40:07But there will be a time.
40:09We'll do a number of them.
40:11and then there will be a time,
40:12and I think I can say this, Scott and Howard,
40:14where we're just going to say,
40:16because we understand the countries,
40:18we understand what they want,
40:19where we're just going to make the deal.
40:22In other words,
40:23we don't need the country involvement
40:24because we've already had it.
40:26And we'll say this particular country,
40:29which had big surpluses, let's say,
40:31we had, therefore, deficits,
40:33that this particular country
40:34is going to pay a 25 percent tariff,
40:36or a 30 percent, or a 50 percent,
40:38or 10 percent, or whatever it may be.
40:41This was, I think we should explain it now, Howard.
40:43One of the things we did here
40:45that we'll rarely do is on cars.
40:48We took it from 25 to 10 on Rolls-Royce,
40:51because Rolls-Royce is not going to be built here.
40:55I wouldn't even ask them to do that.
40:57You know, it's a very special car.
40:59And it's a very limited number, too.
41:00It's not, you know, one of the monster car companies
41:04that makes millions of cars.
41:05They make a very small number of cars
41:07that are super luxury,
41:08and that includes Bentley and Jaguar.
41:11So we have some very special cars.
41:14So in order to help that industry,
41:16and that's really, you know, handmade stuff.
41:20They've been doing it for a long time
41:22in the same location.
41:24And I said, yeah, that would be good.
41:26Let's help them out with that one.
41:27But that's different than a car company
41:28that comes out and makes millions of cars,
41:31which they'll be doing in our country.
41:33They're going to build, we have many, many factories,
41:37car plants being built or going to be built very soon.
41:42I think we can say that we'll be close
41:44to $10 trillion of investment.
41:48I think we're actually at that number now,
41:50if you add up some of the ones we haven't heard about yet.
41:54I mean, we have some going up right now.
41:55They have plants going up,
41:56and they haven't even spoken to us.
41:58They're doing it because of the tariffs.
41:59And...
42:00And...