During a business roundtable in Doha, Qatar, on Thursday, President Trump touted many investments made in the U.S.
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00:00But this has been a very historic trip. I watched some of the people talking about it and even what I would perceive as enemies of ours, people that are not fair from the press, are saying it's been amazing.
00:14We've raised trillions of dollars in investments. It's been there's never been anything like it. And just to finish, we have a country that now has, I think, Howard, we can say that at least 10 trillion dollars of investment and potential investment.
00:32And if the past administration did a half a trillion dollars, it was like a lot. But we did it in two months because it's actually a little more than three months.
00:45But I always say the first month I had to get a little bit acclimated. So I didn't really do this the first.
00:51But when we started, so we've really been doing it, Susie, right, for two months. So in two months, we're going to have over 10 trillion dollars.
00:58Nobody's ever come. No country's ever come close to that. No country. And I want to thank the Amir because he put up a lot.
01:07And in terms of investment, it could amount to two million, three million, maybe even four million jobs in the United States.
01:14And more importantly, it's really important stuff. It's tremendous refining capabilities.
01:20It's capabilities for very high end. AI is a big subject and it's a big subject over here, too.
01:26I always say, what are you investing in? It seems one thing everybody seems to have in common is AI.
01:32So I don't know if that's a good thing or maybe you shouldn't do it because too many people are doing it or maybe you should follow the crowd, fellas.
01:38OK, so you're you're going to figure it out. We have a man who's here who has been unbelievable.
01:46Scott Bassett, who's our secretary of the Treasury and who's so respected when he speaks on television.
01:54It's like everyone just says, oh, OK. I had somebody the other said, well, Scott Bassett said I said, well, that's pretty good, Scott.
02:01So I'm a believer. I'm a believer. But when he when he speaks, the markets really listen.
02:07And the big thing is that we have to be the most important thing of all is that forget about the recent stock market being so good.
02:16Much more importantly, we have hundreds of different big companies pouring into America now, creating jobs like we have never seen before.
02:25Now, the bad news, it takes a little while for that to, you know, when you build your factory and it takes a year and a half, two years and they're going to build them very fast and they don't need financing.
02:34That's the nice part. They don't need any financing. They have plenty of it.
02:38But they're building factories at levels. We've never seen anything like it.
02:44And these are, you know, 10 billion, 12 billion, 50 billion.
02:48I said, how do you spend 50 billion on a factory?
02:51We have the chip companies coming in from Taiwan.
02:54We have a Jensen, as you know, coming in with 600 billion.
02:58We have the actually the biggest company of them all, you know, all about it coming in.
03:05That was a big Mr. Way.
03:07I said, Mr. Way, you're a smart man, aren't you?
03:10I never met him.
03:11And I said, because I understand you control 99 percent of the chips.
03:15Oh, yes. Oh, yes, I do.
03:18I said, that's that's pretty good.
03:20I said, is there any way of breaking that grip?
03:23They said it would take you many years.
03:24So I said, you know what? Can't beat him. You join him.
03:27But he's going to be building the biggest factory anywhere in the world in Arizona and spending over 200 billion dollars.
03:36And we have Apple, as you know, it's coming in.
03:38And I had a little problem with Tim Cook yesterday.
03:42I said to him, Tim, you're my friend. I treated you very good.
03:45You're coming in with 500 billion dollars.
03:46But now I hear you're building all over India.
03:48I don't want you building in India.
03:49You can build in India if you want to take care of India, because India is the highest one of the highest tariff nations in the world.
03:58It's very hard to sell into India. And they've offered us a deal where we're basically they're willing to literally charge us no tariff.
04:08So we go from the highest tariff. You couldn't do business in India.
04:13We're not even a top 30 in India because the tariff is so high to a point where they have actually told us, I assume you too.
04:21Scott, you were working on that also, that there will be no tariff.
04:25Right. Would you say that's a difference?
04:26They're the highest. And now they're saying no tariff.
04:28But I said to Tim, I said, Tim, look, we've treated you really good.
04:32We've put up with all the plants that you built in China for years.
04:37Now you've got to build us. We're not interested in you building in India.
04:41India can take care of themselves. They're doing very well.
04:44We want you to build here. And they're going to be upping their production in the United States.
04:49Apple. So Apple's already in for 500 billion.
04:52But they're going to be upping their production. So it'll be great.
04:55So I really think we have we've gone from a laughingstock six months ago to the hottest country anywhere in the world.
05:04And that's not just in business. That's in everything else. And it's psychologically hot, too.
05:09And I just want to thank everybody for being here. I want to thank the media.
05:13The media, I have to say, has been very fair. They've been very fair. They've been terrific, actually.
05:18I was watching some of our normally and they would not say good things,
05:22but they're having a hard time saying bad because this is a record tour.
05:26There's never been a tour that will raise. It could be a total of three and a half, four trillion dollars.
05:32This just in this four or five days. And it's from great people.
05:37And our relationship now is very strong with Saudi Arabia. Nobody's coming.
05:42Nobody's going to be bothering that relationship.
05:44Nobody would be able to break that relationship because of my relationship with the crown prince and the family.
05:51The relationship is really strong. And when you talk about Qatar, the relationship is equal.
06:00I mean, it's just like nobody's going to break that relationship.
06:04We've never we have never had a relationship with Qatar as strong as it is now.
06:09You know that better than anybody. And they're very happy. And we're going to protect you.
06:13We're going to protect you. That's the one thing you need, maybe.
06:16But I don't think you're going to need too much of that.
06:18And I said last night it was a great meeting, great everything.
06:21They brought in Lee Greenwood to sing. It was a beautiful it was a beautiful evening and I appreciate it.
06:27But I said last night that Iran is very lucky to have the Amir because he's actually fighting for them.
06:36He doesn't want us to do a vicious blow to Iran. He says, you can make a deal. You can make a deal.
06:46He's really fighting. And I really mean this.
06:48I think that Iran should say a big thank you to the Amir because the Amir is fighting very much that we don't.
06:55And there are many people that want me to go the other route.
06:57They say just knock it out because nobody can beat us.
07:00We have the strongest military in the world by far, not China, not Russia, not anybody.
07:07We have the best military equipment in the world and we have the strongest military in the world.
07:11If you remember ISIS, General Raisin Cain, right? We knocked it out in three weeks.
07:17Remember, they said it would take four years to knock out ISIS. We did it in three weeks.
07:21That's because you had the right leader with a stupid person.
07:24You'll do it and you'll do it in four or five years. You won't even do it.
07:28You'll fight for four years and then you'll leave, you know, like we always do.
07:30You fight, fight, fight.
07:32We had a president that blew up half the Middle East and then he left.
07:37That was it, you know, it was like spent $10 trillion on blowing up the Middle East and then he left.
07:42Just said, let's leave now.
07:45You were left with nothing.
07:47And we don't do that.
07:49We take care of our friends.
07:50And so you have a great ally in us and there's nobody even close.
07:55In terms of military power, there's nobody close.
07:59And I'm not only talking about nuclear.
08:01I don't like to mention the word because the nuclear is so destructive that, you know, it brings you into a different category.
08:10But we're number one in nuclear.
08:11I rebuilt our military, by the way, in my first time.
08:13We had a really successful first term.
08:15And then the election was rigged and I had to wait and it became more historic and I was able to watch and see.
08:22And the good news is they, although it's bad news in another way, but the good news is that Biden was so bad.
08:27Worst president we've ever had by far.
08:30There was never a president like this.
08:32This man was grossly incompetent.
08:34And now that's been proven.
08:36But people were able to see how bad it is.
08:39And it gave me a mandate.
08:40We won all seven swing states.
08:42We won the popular vote by a lot.
08:44We won the counties by 2,725 to 505.
08:54That's why the map is completely red.
08:56When you look at the map, it was a it was an obliteration, this election.
09:00And we got 312 electoral votes.
09:03So it's it was just an obliteration.
09:07And that means a mandate.
09:09And we have a mandate that nobody's had.
09:11They said the most consequential election.
09:14And this was a enemy paper, the most consequential election in 129 years.
09:20So it's been a tremendous trip.
09:24I've really liked it.
09:25You know, like this is going we're going 20 hours a day.
09:29And people say, how do you do it?
09:32And I said, I do it because I like it.
09:34I like it.
09:35I like the people I'm dealing with.
09:36I said last night that we I stood on a line for seemed like hours.
09:40I said hello to Larry.
09:42I said hello to Kelly.
09:43I said hello to your 250 competitors.
09:47I said hello to everybody.
09:48And that was a long house, a long sucker.
09:52I want to tell you, they say, how do you do it?
09:54I said, I do it because I like the man standing on my left.
09:58And I said it two nights before about the crown prince.
10:01But last night I had the emir and he's fantastic.
10:05And I said, it's really not hard.
10:07You know, when you like the people and when you are doing something, we have a term MAGA, make America great again.
10:13And I remember Biden saying, we will not let MAGA take over this country.
10:20I said, no, no, you stupid person.
10:24It says, make America great again.
10:26It's okay if it takes over the country.
10:28It's called make America great again.
10:30And that's where we are right now.
10:32It's America.
10:33We'll put America first.
10:34But because we're putting it first, we're doing so well, there's going to be plenty left over to help the world.
10:40And we can help the world psychologically.
10:42So we think we're going to do well with Russia, Ukraine.
10:455,000 soldiers are being killed every single week on average.
10:495,000.
10:50And they're not from here.
10:52And they're not from the USA.
10:54They're from Ukraine and Russia.
10:56So some people would say, why are you bothering?
10:58Because these are 5,000 young people.
11:01Well, they're getting older because they've gone through so many that they are actually getting older.
11:05But these are 5,000 people that leave their home, wave goodbye to their parents.
11:09Their parents are so proud of them.
11:11They're sisters, they're brothers.
11:12And that's the last they ever see them.
11:15They're wiped out.
11:16And if you would see the satellite pictures, I get satellite pictures of that battlefield.
11:21And I want to tell you, I've never seen anything like that.
11:24I wish I never saw it.
11:26You have heads and arms and legs strewn all over the field.
11:31And you just take a look at that.
11:33And, you know, when you think 5,000 a week on average, and that's actually a low number.
11:39So we're going to see if we can end that.
11:42I was thinking about going, but it's very tough because of what we're doing today and tomorrow.
11:47But, you know, if something happened, I'd go on Friday if it was appropriate.
11:52But we have people right now negotiating.
11:56And I think that I just hope that Russia and Ukraine are able to do something because it has to stop.
12:06But not only the money, we spent $350 billion there.
12:11Just hand it.
12:11Nobody even knows where the money is.
12:12Just send him a check.
12:14There's no accounting.
12:15There's no one.
12:16Just give him money.
12:17Every time he came, I have to hand it to him.
12:20I think he's the greatest salesman maybe in history.
12:23Every time he came to the United States, he'd walk away with $100 billion.
12:27Yeah.
12:27That's a good salesman, right?
12:29Even by your standards.
12:30This is a big standard right here.
12:33But that's a pretty good set.
12:34No, he'd walk in.
12:36Leave with $100 billion.
12:37Last time he didn't do as well, he only got $60 billion.
12:41And it was so easy.
12:43It was like taking candy from a baby.
12:45That was the last administration.
12:46This administration has been a little bit tougher.
12:49But we'd like to see it end.
12:51And I think we're going to have a chance at doing it.
12:53And we'd like to see if we could solve the Iran problem in an intelligent way as opposed to a brutal way.
13:00There's only two.
13:01Intelligent and brutal.
13:02Those are the two alternatives.
13:04So I want to thank everybody for being here very much.
13:07And we're going to take some questions.
13:08And perhaps now we'll ask the press to leave.
13:11And we're going to see you at the airfield.
13:12We're going to have a display of American equipment.
13:15Okay.
13:15Yeah.