Trump Asked Point Blank: 'Would You Be Open To A Pause In Tariffs To Allow For Negotiations?'

4/7/2025

Speaking to reporters in the Oval Office, President Trump was asked for his reaction in the stock market and whether he'll pause tariffs for negotiations.

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Transcript

00:00Your reaction to the markets today, and would you be open to a pause in tariffs to allow

00:05for negotiations?

00:06Well, we're not looking at that.

00:09We have many, many countries that are coming to negotiate deals with us, and they're going

00:14to be fair deals.

00:15And in certain cases, they're going to be paying substantial tariffs.

00:20They'll be fair deals.

00:21As you know, I spoke this morning with the prime minister of Japan, and we had a very

00:27good conversation.

00:28They're coming, and I said, one thing, you're going to have to open up your country because

00:32we sold no cars, like zero cars in Japan, and they sold millions of cars into our country.

00:40They don't really take our agriculture, a little bit of it just to keep us slightly

00:43happy, but they don't take what they're supposed to be taking.

00:46So we have a great relationship with Japan.

00:49We're going to keep it that way.

00:50But they're coming in to meet, and other countries are coming in.

00:54With China, as you know, against my statement, they put a 34 percent tariff on above what

01:02their ridiculous tariffs were already.

01:05And I said, if that tariff isn't removed by tomorrow at 12 o'clock, we're putting a 50

01:11percent tariff on above the tariffs that we put on.

01:15So they've gone for years.

01:16They've become a rich country because of people, again, that were in the White House that allowed

01:20this to happen.

01:23Billions of billions of dollars a year they'd make on us on trade, and it shouldn't be that

01:27way.

01:28And I have a great relationship with President Xi.

01:30I hope it's going to stay that way.

01:32I have great respect for China, but they can't do this.

01:36We're just we're going to have one shot at this.

01:39And no other president is going to do this, what I'm doing.

01:42And I'll tell you what, it's an honor to do it because we have been just just destroyed

01:48what they've done to our system.

01:50You know, we have thirty six trillion dollars of debt for a reason.

01:54And the reason is that people allowed it to get that way.

01:57So we'll be talking to China.

02:01We'll be talking to a lot of different countries.

02:04And I think, you know, if if if we can make a really fair deal and a good deal for the

02:09United States, not a good deal for other.

02:11This is America first.

02:13It's now America first.

02:15And we didn't put America first.

02:17We put America last.

02:18The people that were in the Oval Office put America last and we're not going to stand

02:22for it.

Trump Asked Point Blank: 'Would You Be Open To A Pause In Tariffs To Allow For Negotiations?'

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