- 12/05/2025
https://www.pupia.tv - USA - President Trump Holds a Press Conference with the Secretary of Health and Human Services (12.05.25)
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00:15:00Grazie a tutti.
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00:15:03ma non è così, ma non è così.
00:15:05Ma non è così, perché abbiamo un po'
00:15:07grande cosa stessa.
00:15:08È stato un po' molto forte e un po'
00:15:11molto forte weekend.
00:15:13Per cui mi ringrazio, mi posso parlare
00:15:15di un po' di un po' di storica
00:15:16event che hanno avuto un po' di
00:15:18ultimi giorni.
00:15:20La domanda, la mia administration
00:15:22ha helpedo riletto a full e immediato
00:15:25ceasefire, penso che una
00:15:26permanente, tra l'India e
00:15:28Pakistan, in una guerra
00:15:31con il conflitto di due nazioni con molti
00:15:34di nuclear weapons.
00:15:36And they were going at it hot and heavy,
00:15:38and it was seemingly not going to stop.
00:15:41And I'm very proud to let you know
00:15:46that the leadership of India and Pakistan
00:15:50was unwavering, powerful,
00:15:52but unwavering in both cases.
00:15:55And having these — they really were,
00:15:58from the standpoint of having the strength
00:16:00and fortitude to fully know and to understand
00:16:02the gravity of the situation.
00:16:04And we helped a lot.
00:16:08And we helped also with trade.
00:16:10I said, come on, we're going to do a lot of trade with you guys.
00:16:13Let's stop it. Let's stop it.
00:16:16If you stop it, we're doing trade.
00:16:18If you don't stop it, we're not going to do any trade.
00:16:20People have never really used trade the way I used it.
00:16:23That I can tell you.
00:16:25And all of a sudden they said, I think we're going to stop.
00:16:27And they have.
00:16:29And they did it for a lot of reasons.
00:16:32But trade is a big one.
00:16:34We're going to do a lot of trade with Pakistan.
00:16:37We're going to do a lot of trade with India.
00:16:38We're negotiating with India right now.
00:16:40We're going to be soon negotiating with Pakistan.
00:16:43And we stopped the nuclear conflict.
00:16:45I think it would have — it could have been a bad nuclear war.
00:16:48Millions of people could have been killed.
00:16:50So I'm very proud of that.
00:16:51I also want to thank Vice President Vance and Secretary of State Rubio for their work and efforts.
00:16:58They worked very hard on that.
00:17:00We also, as you know, created a situation where the Houthis, for the first time ever, have ceased firing.
00:17:10And they've let it be known that they're not going to be firing at American ships anymore.
00:17:17They're not going to be firing at Americans anymore.
00:17:20This was a heavy barrage that lasted for approximately 50 days.
00:17:27And as you know, they've been in war essentially for forever.
00:17:32But over the last 10 years, they've been very difficult for other countries.
00:17:38Nobody was able to do what we did.
00:17:40But they stopped, and we take their word for it.
00:17:43They — their surrogates and them directly said,
00:17:47we don't want to do this anymore.
00:17:50And so we were satisfied with that.
00:17:53In addition, yesterday, we achieved a total reset with China after productive talks in Geneva.
00:18:01Both sides now agreed to reduce the tariffs imposed after April 2nd to 10 percent for 90 days,
00:18:09as negotiators continue in the larger structural issues.
00:18:13And I want to tell you that a couple of things — first of all,
00:18:17that doesn't include the tariffs that are already on — that are our tariffs.
00:18:21And it doesn't include tariffs on cars, steel, aluminum — things such as that.
00:18:27Or tariffs that may be imposed on pharmaceuticals,
00:18:31because we want to bring the pharmaceutical businesses back to the United States.
00:18:35And they're already starting to come back now based on tariffs,
00:18:38because they don't want to pay 25, 50, or 100 percent tariffs.
00:18:42So they're moving them back to the United States.
00:18:44I spoke to Tim Cook this morning, and he's going to, I think, even up his numbers — $500 billion.
00:18:54He's going to be building a lot of plants in the United States for Apple.
00:18:58And we look forward to that. I really do look forward to that.
00:19:02But the talks in Geneva were very friendly. The relationship is very good.
00:19:10We're not looking to hurt China. China was being hurt very badly.
00:19:14They were closing up factories. They were having a lot of unrest.
00:19:18And they were very happy to be able to do something with us.
00:19:22And the relationship is very, very good.
00:19:25I'll speak to President Xi maybe at the end of the week.
00:19:28We have some other things we're doing.
00:19:31But one of the biggest things that we're doing —
00:19:34and I don't know if people realize this, but we made a great deal with China —
00:19:40a great trade deal. But it was a much bigger deal originally,
00:19:44and then they canceled it right in the last day.
00:19:47Some of you faces, I remember, were there when that happened.
00:19:50I remember you.
00:19:52And we had a deal where they opened up their country to trade with the United States.
00:19:57And they took that away at the last moment, and then I canceled the whole thing.
00:20:00And then six months later, we ended up doing a smaller deal.
00:20:02But it was a big deal. It was $50 billion worth of product
00:20:05that they were going to purchase from our farmers, et cetera.
00:20:09And we agreed to that. People thought it was $15, because they were doing $15.
00:20:13We made it $50, because I misunderstood the $15.
00:20:16I thought they said — I said, you've got to get $50.
00:20:19Because when I asked — if you remember the story — when I asked,
00:20:22what are we doing with them?
00:20:24My secretary of agriculture at the time, Sonny Perdue, said,
00:20:29sir, it's about $15 billion, and we're asking for $15.
00:20:33And I thought he said, $50.
00:20:35So I said — so they came back with the deal at $15.
00:20:38And I said, no way. I want $50, because you said $50.
00:20:41They said, sir, we didn't say that anyway. Bottom line, I said,
00:20:43go back and ask for $50. And they gave us $50.
00:20:46and they were honoring the deal. And we would call them up a lot
00:20:49for the corn and for the wheat and for everything.
00:20:53They were honoring the deal. And then, when Biden got in,
00:20:58they no longer honored the deal. There was nobody to call.
00:21:01I would call on an average of once every two weeks to say,
00:21:04come on, you have to speed it up a little bit.
00:21:06And our farmers were doing great. I said to them,
00:21:09buy more land and bigger tractors, if you remember.
00:21:12That's what happened. But the deal was a very good deal.
00:21:16But the best part of the deal was that we opened up China.
00:21:22China agreed to open itself up to American business to go in.
00:21:26And it would have been a great thing, I think, for China.
00:21:29They would be able to see things that they haven't seen.
00:21:32They would be able to buy products that they have never been able to buy.
00:21:37Would have been great for American business.
00:21:39I think it would have brought unity between China,
00:21:41better unity between China and the United States.
00:21:45And the bottom line is that they canceled it the last day.
00:21:49We were all set to sign it. And then I went a little bit angry.
00:21:53I got a little angry. I said they canceled it. The deal was done.
00:21:56It was all ready to be signed. And people went over.
00:22:00They came back to me, sir, they don't want to sign the opening up China.
00:22:04Well, the biggest thing that we're discussing is the opening up China.
00:22:07And they've agreed to do that. But it's going to take a while to paper it.
00:22:12You know, that's not the easiest thing to paper.
00:22:15But that's the single, I think, to me, some people would disagree.
00:22:19Some people would say we're getting a lot of money with tariffs or whatever.
00:22:22But, you know, especially when you add what we already have.
00:22:25Because remember, we're already getting the 50 percent on steel and different things.
00:22:30That's not included in these numbers. So you can add that.
00:22:34But the biggest thing to me is the opening up.
00:22:37I think it would be fantastic for our businesses if we could go in and compete.
00:22:41with China. It would be a lot of jobs for China.
00:22:45It would be, I think, at a time when they can, frankly, use the jobs.
00:22:49And that's what we're talking about.
00:22:51So that's a very, very important element to add.
00:22:54So when Scott, I watched him speak the other day.
00:23:01And I think he didn't want to say it. But I said, it's okay to say it.
00:23:03Look, if we don't get it, we don't get it.
00:23:05But if we don't get it, it won't be a positive thing.
00:23:07But if we do get it, I think it's maybe the most important thing to happen.
00:23:13Because if you think about it, we opened up our country to China.
00:23:16They come, we don't, I mean, they have very few restrictions.
00:23:19And they didn't open their country to us.
00:23:21Never made sense to me. It's not fair.
00:23:23And they've agreed to open China, fully open China.
00:23:27And I think it's going to be fantastic for China.
00:23:31I think it's going to be fantastic for us.
00:23:33And I think it's going to be great for unification and peace.
00:23:38China will also suspend and remove all of its non-monetary barriers.
00:23:42They've agreed to do that.
00:23:44Well, they're very numerous.
00:23:48But again, to me, the biggest thing that came out of that meeting is they've agreed.
00:23:52Now, we have to get it papered, but they've agreed to open up China.
00:23:55It's going to be great for everybody.
00:23:57And third, I'm very happy to announce that Yidan Alexander, an American citizen who, until
00:24:06recently, most thought was no longer living, thought was dead, is going to be released in
00:24:13in about two hours, actually.
00:24:16And he's going to be released before the eyes of Steve Witkoff, who has done a fantastic job.
00:24:24I just, you know, I know a lot of people.
00:24:27They have a lot of talent.
00:24:28I know Steve had a lot of talent.
00:24:30But I know a lot of people with a lot of talent.
00:24:32But I had, there's one that I thought had a special way about him, special personality,
00:24:38aside from being a good deal maker.
00:24:42I had a special way about him.
00:24:44And it was Steve.
00:24:45Knew very little about the subject matter.
00:24:47Who does?
00:24:48But he learned it in about two hours.
00:24:50And he's been fantastic.
00:24:52So I want to just thank Steve.
00:24:54But they're going to be releasing Yidan in about two hours from now, or sometime today, let's say.
00:25:05And again, they thought he was dead just a short while ago.
00:25:08His parents are so happy.
00:25:10They're so happy.
00:25:12So it's, as you know, Yidan's the only American citizen.
00:25:17He's captured.
00:25:19And held hostage by Hamas since October 7th, 2023.
00:25:26And he's coming home to his parents, which is really great news.
00:25:30I mean, to me, it's big news.
00:25:32They thought he was dead.
00:25:35So that's that.
00:25:36So we'll be heading there.
00:25:39And we'll be seeing three primary countries.
00:25:43You know all about that.
00:25:44Saudi Arabia, UAE, Qatar.
00:25:49On Thursday's meeting with Russia and Ukraine is very important.
00:25:54I was very insistent that that meeting take place.
00:25:57I think good things can come out of that meeting.
00:26:01Stop the bloodshed of the horrible.
00:26:04It's a bloodbath.
00:26:07But 5,000 more.
00:26:09It's really much more.
00:26:10I'm trying to be conservative.
00:26:11More than 5,000 soldiers.
00:26:13Russian.
00:26:14They're not American soldiers.
00:26:15They're from Russia.
00:26:16They're from Ukraine.
00:26:17But they're people.
00:26:18They're human souls.
00:26:19And they're being killed at levels that we haven't seen since the Second World War.
00:26:24And it's every week.
00:26:26A lot of drone fighting.
00:26:28It's a whole new form of warfare.
00:26:30And it's violent and vicious.
00:26:32And so that's it.
00:26:35I'd like to go back to China just for a second.
00:26:38They're very heavy on the fentanyl.
00:26:40We're charging them, as you know, 20 percent for the fact that they send fentanyl into our country.
00:26:47And they've agreed that they're going to stop that.
00:26:49And, you know, they'll be rewarded by not having to pay, you know, hundreds of billions of dollars in tariffs.
00:26:57So the fentanyl should stop.
00:26:59It comes from China.
00:27:00It's amazing.
00:27:02And it comes through our southern border.
00:27:04It comes through our northern border, too.
00:27:06It comes through Canada.
00:27:07And it comes through our southern border.
00:27:09Much more through the southern border.
00:27:12But so that's a very important subject to me.
00:27:16Because everybody in this room has lost friends or people that have family members that have died of fentanyl.
00:27:24So there's a big incentive for China to stop.
00:27:27And I take them at their word.
00:27:28They're going to work on that, I think, very hard.
00:27:30And one thing, when they work on something, they get it done.
00:27:33So now I'm about to depart on a historic visit.
00:27:36Some of you are going with us to, as I said, Saudi Arabia, Qatar, and United Arab Emirates.
00:27:44Before I do, I'll sign one of the most consequential executive orders in our country's history.
00:27:49I don't think there's ever been anything signed like this.
00:27:51Certainly not with respect to health care.
00:27:54Nothing even close.
00:27:55I'm delighted to be joined on this occasion by Secretary of Health and Human Services, Robert F. Kennedy Jr.,
00:28:02who is doing a really good job.
00:28:04I have to tell you that.
00:28:06CMS administrator and friend of mine, Dr. Mehmet Oz, who is an amazing guy.
00:28:13You know, I was telling Bobby before, Oz had a very successful show, but it hurt his reputation.
00:28:21Because when you're in show business, it hurts your reputation a little bit.
00:28:24It's good for you, but in terms of professionalism and being a doctor, it sort of hurts your reputation.
00:28:30This guy went to the best schools, was the best, I mean, top, top, top of the line.
00:28:35Then he did a television show, became a success.
00:28:39Made a lot of money, all that stuff, but it sort of hurt him.
00:28:43And you know who I compare that to?
00:28:45I hate to say this, but a special woman, Jeanine Pirro.
00:28:48She was the toughest, smartest DA maybe in our countries, in our cities and states, history, New York.
00:28:57She was really tough, really sharp.
00:29:00Then she did a show, and people didn't think of her quite the same way.
00:29:04She became more of an entertainment person, like Oz.
00:29:07Oz is not an entertainer.
00:29:08He's not really an entertainer, if you know the real story.
00:29:11And she isn't either.
00:29:12She is unbelievable.
00:29:13She was one of the strongest district attorneys in the history of New York.
00:29:19Highly respected, very tough.
00:29:22Went after the drug dealers at a level that you don't see today anymore.
00:29:28And hopefully she's going to be, she's given up a tremendous,
00:29:31she's leaving the number one show on cable television,
00:29:34one of the number one shows on television, period.
00:29:37The Five, but they've got great people left behind.
00:29:39But she was a big part of it.
00:29:41And so I equate it to that.
00:29:44Jeanine Pirro is unbelievable.
00:29:46FDA Commissioner Dr. Marty McCary, with a reputation that's second to none,
00:29:51and the job he's doing already has been fantastic.
00:29:54Thank you, Marty.
00:29:55And Director of National Institute of Health, Jay Bhattacharya,
00:30:00who has been, as you know from Stanford, so highly regarded,
00:30:05and have all been working with us very hard on this.
00:30:08And the question they would ask, being a little bit new to the government aspect of it,
00:30:12is why hasn't somebody fight the drug price situation, meaning equalization?
00:30:18There's a term, it's called equalization.
00:30:21Nobody wants to mention that term.
00:30:23And I'm not knocking the drug companies.
00:30:25I'm really more knocking the countries than the drug companies,
00:30:28because they're forced to do things.
00:30:32But the drug lobby is the strongest lobby in this country, they say.
00:30:37The drug lobby. It's between that and lawyers.
00:30:40And they have a lot of power.
00:30:44But starting today, the United States will no longer subsidize the health care of foreign countries,
00:30:49which is what we were doing. We were subsidizing others' health care.
00:30:53Countries where they paid a small fraction of what, for the same drug,
00:30:58that what we pay many, many times more for,
00:31:01and will no longer tolerate profiteering and price gouging from big pharma.
00:31:06But again, it was really the countries that forced big pharma to do things that, frankly,
00:31:13I'm not sure they really felt comfortable doing.
00:31:16But they've gotten away with it, these countries.
00:31:18European Union has been brutal. Brutal.
00:31:21And the drug companies actually told me stories.
00:31:24It was just brutal how they forced them.
00:31:26And European Union is suing all our companies,
00:31:29Apple, Google, Meta.
00:31:33They're suing all our companies.
00:31:35They end up, they have judges that are European Union-centric.
00:31:42And they get rewarded $15 billion, $17 billion, $20 billion.
00:31:48And they use that to run their operation.
00:31:52It's not going to happen any longer, that I can tell you.
00:31:55So what's been happening is we've been subsidizing other countries
00:31:59throughout the world, not just in Europe, throughout the world.
00:32:02European Union was the most difficult, from what I understand.
00:32:06I mean, I'll tell you a story.
00:32:07A friend of mine who's a businessman, very, very, very top guy.
00:32:12Most of you would have heard of him.
00:32:14A highly neurotic, brilliant businessman.
00:32:17He's a businessman, seriously overweight.
00:32:21And he takes the fat shot drug.
00:32:25And he called me up, and he said,
00:32:29President, he used to call me Donald, now he calls me President.
00:32:32So that's nice respect.
00:32:33But he's a rough guy, smart guy.
00:32:36Very successful, very rich.
00:32:38I wouldn't even know how we would know this,
00:32:40because he's got comments.
00:32:41President, could I ask you a question?
00:32:43I'm in London, and I just paid for this damn fat drug I take.
00:32:48I said, it's not working.
00:32:50He said, he said, I just paid $88.
00:32:56And in New York, I paid $1,300.
00:32:59What the hell is going on?
00:33:01He said, so I checked.
00:33:04And it's the same box made in the same plant by the same company.
00:33:10It's the identical pill that I buy in New York.
00:33:13And here I'm paying $88 in London.
00:33:16In New York, I'm paying $1,300.
00:33:19Now, this is a great businessman, so...
00:33:22But he's not familiar with this crazy situation that we have.
00:33:26But he was stunned.
00:33:29But it was just one of those stories.
00:33:31And I brought it up with the drug companies,
00:33:33represented by somebody who's very, very smart.
00:33:36Good person, too.
00:33:38And we argued about it for about half hour.
00:33:40And then, finally, he just said, because they can't justify it.
00:33:43He just said, look, you got me. You got me.
00:33:48I can no longer justify it.
00:33:50They've been justifying this crap for years.
00:33:52They said, oh, it's research and development.
00:33:54Well, I said, well, research and development,
00:33:56other countries should pay research and development, too.
00:33:58It's for their benefit.
00:34:00It was just one of those things.
00:34:01And the other countries would set a price,
00:34:04and they'd meet the price.
00:34:05And they'd say, if you don't meet the price,
00:34:08you can't sell it in our country.
00:34:10I said, well, then you walk away.
00:34:11And, you know, they'll call you back,
00:34:13and they'll sell it in the country.
00:34:14But now they'll have to do that.
00:34:16So for the first time in many years,
00:34:18we'll slash the cost of prescription drugs,
00:34:20and we will bring fairness to America.
00:34:22Drug prices will come down by much more, really, if you think.
00:34:2759.
00:34:28If you think of a drug that is sometimes 10 times more expensive,
00:34:33it's much more than the 59 percent.
00:34:36You know, it depends on the way you want to analyze it,
00:34:38but in one way you could analyze it that way.
00:34:40But between 59 and 80, and I guess even 90 percent.
00:34:45So when I worked so hard in the first term,
00:34:49and if I got prices down,
00:34:50I remember I was the only one to ever get prices down for a full year,
00:34:54but I'd get them down like 2 percent,
00:34:56and I thought it was like a big deal.
00:34:57Well, we're getting them down 60, 70, 80, 90 percent.
00:35:02But actually more than that, if you think about it,
00:35:05in the way mathematically.
00:35:08And Farmer has to say, we're sorry,
00:35:11but we'll not be able to do this any longer to these countries
00:35:16that have been so tough.
00:35:18They've been very tough, nasty.
00:35:20It's trade. It's trade.
00:35:22And Farmer is also very powerful.
00:35:25And the Democrats have protected Farmer.
00:35:28The Democrats, this is the Democrats have protected Farmer.
00:35:30These are the Democrats.
00:35:31And by the way, I just called the Speaker of the House,
00:35:37and I just called the leader, our leader in the Senate,
00:35:42John Thune, Mike Johnson.
00:35:45Spoke to both of them.
00:35:46I said, when you score, you're going to have to score two things.
00:35:49You're going to have to number one,
00:35:50score that hundreds of billions of dollars
00:35:53of tariff money is coming in.
00:35:56But even bigger than that, you're going to have to score
00:35:58that your cost for Medicaid and Medicare
00:36:01and just basically pharmaceuticals and drugs
00:36:04is going down at a level that nobody has ever seen before.
00:36:10It'll pay for the Golden Dome.
00:36:11I see the Golden Dome is there, see?
00:36:13That'll easily pay for the Golden Dome.
00:36:16And we'll have a lot of money left over.
00:36:19We need the Golden Dome, by the way, in this world.
00:36:22Although this world is a lot safer today than it was a week ago,
00:36:26and a lot safer than it was six months ago.
00:36:29We had people that had no clue what they were doing.
00:36:32So, today, Americans spend 70 percent more for prescription drugs
00:36:37than we spent in the year 2000. Think of that.
00:36:41Our country has the highest drug prices anywhere in the world
00:36:44by sometimes a factor of five, six, seven, eight times.
00:36:48It's not like they're slightly higher.
00:36:50They're six, seven, eight times.
00:36:52They're even cases of ten times higher.
00:36:55So that you go ten times more expensive for the same drug,
00:36:59that's big numbers.
00:37:01Even though the United States is home to only 4 percent
00:37:03of the world's population,
00:37:05pharmaceutical companies make more than two-thirds
00:37:08of their profits in America.
00:37:09So think of that.
00:37:10With four percent of the population,
00:37:12the pharmaceutical companies make most of their money,
00:37:16most of their profits from America.
00:37:19That's not a good thing.
00:37:20Now, I think, by the way, pharmaceutical,
00:37:23I have great respect for these companies
00:37:25and for the people that run them.
00:37:26I really do.
00:37:27And I think they did one of the greatest jobs in history
00:37:30for their company convincing people for many years
00:37:33that this was a fair system.
00:37:36And never, nobody really understood why.
00:37:40But I figured it out.
00:37:42For years, pharmaceutical and drug companies have said
00:37:44that research and development costs were what they are.
00:37:49And for no reason whatsoever,
00:37:51they had to be born by America alone.
00:37:56Not anymore, they don't.
00:37:57This means American patients were effectively subsidizing
00:38:01socialist healthcare systems in Germany,
00:38:05in all parts of the European Union.
00:38:09They were the toughest of all.
00:38:10They were nasty.
00:38:11And I see that.
00:38:12I see that with trade, too.
00:38:13European Union is, in many ways, nastier than China.
00:38:18Okay?
00:38:19And we've just started with them.
00:38:23Oh, they'll come down a lot.
00:38:24You watch.
00:38:25We have all the cards.
00:38:28They treated us very unfairly.
00:38:30They sell us 13 million cards.
00:38:33We sell them none.
00:38:35They sell us their agricultural products.
00:38:39We sell them virtually none.
00:38:41They don't take our products.
00:38:44That gives us all the cards.
00:38:46And very unfair.
00:38:48So they're going to have to pay more for healthcare,
00:38:50and we're going to have to pay less.
00:38:51That's all it is.
00:38:52And believe it or not, you know, because it's really the world we're talking about,
00:38:55not just the European Union.
00:38:57But because it's the world, the numbers are for the healthcare company not as bad as you would think.
00:39:04They'll make the same.
00:39:05I think the healthcare companies should make pretty much the same money.
00:39:09I really don't believe they should be affected very much because it's just a redistribution of wealth.
00:39:15It's a redistribution where it could be the same top line, but it's going to be distributed differently.
00:39:21Europe is going to have to pay a little bit more.
00:39:23The rest of the world is going to have to pay a little bit more.
00:39:25And America is going to pay a lot less.
00:39:27Again, because it's a much smaller population than when you think of the whole world.
00:39:33So basically what we're doing is equalizing.
00:39:38There's a new word that I came up with, which I think is probably the best word.
00:39:41We're going to equalize.
00:39:42We're all going to pay the same.
00:39:44We're going to pay what Europe's going to pay.
00:39:46We're going to all pay.
00:39:47Now, there may be some countries in dire need, and I would be willing to sacrifice that and help them.
00:39:56But it's called most favored nation.
00:39:58We are going to pay the lowest price there is in the world.
00:40:02We will get whoever is paying the lowest price.
00:40:05That's the price that we're going to get.
00:40:07So remember that.
00:40:08So we're no longer paying 10 times more than another country.
00:40:12Whoever is paying the lowest price, we will look at that price, and we will say that's the price we're going to pay.
00:40:19Most favored nations.
00:40:21That's what it is.
00:40:23One breast cancer drug costs Americans over $16,000 per bottle.
00:40:30But the same drug from the same factory manufactured by the same company is one-sixth that price in Australia and one-tenth that price in Sweden.
00:40:44One-tenth for the identical product.
00:40:48A common asthma drug costs almost $500 here in America, but costs less than $40 in the United Kingdom.
00:40:56So $40 in the United Kingdom, which is where this gentleman told me he paid a small amount for his shot.
00:41:03But think of that.
00:41:08So $40 versus $500 here.
00:41:12That's not even better.
00:41:13Much worse examples.
00:41:14And the weight loss drug, Ozempic, costs 10 times more in the United States than in the rest of the developed world.
00:41:2110 times more.
00:41:22Why?
00:41:23Why?
00:41:24Why?
00:41:25What did we do?
00:41:26Suckers.
00:41:27But we never had a president that had the courage to do this.
00:41:31And nobody knew the system like I do.
00:41:34I mean, I've gotten to know this system so well.
00:41:38And I don't think it's fair that it benefits Obamacare.
00:41:41Obamacare is a failure.
00:41:42It's not a good health care.
00:41:44It works.
00:41:45I made it work.
00:41:46I had an obligation to make it work or an obligation to let it die.
00:41:51I chose that we had to make it work.
00:41:53I had to make it as good as possible.
00:41:55And I had a choice.
00:41:58I could have let it fail or make it as good as possible.
00:42:01As good as possible means it was still not very good, but it survived.
00:42:06And we did the right thing.
00:42:07But this makes it, this makes everything work.
00:42:10And I don't want to have a bad form of health care work
00:42:15because of the fact I was able to cut drug prices by 80 or 90 percent.
00:42:20So we're going to maybe come up with something.
00:42:22I think this gives the Republicans a chance to actually do a health care
00:42:25that's much better than Obamacare and for less money,
00:42:28which you guys would work on that along with Congress.
00:42:32But I do want to say that Democrats could have done this a long time ago.
00:42:36They have fought like hell for the drug companies.
00:42:39and they knew they were doing the wrong thing.
00:42:42And it's going to be very hard.
00:42:44I was just telling the leader and the speaker that it's going to be very hard for the Democrats
00:42:50to vote against the one big beautiful deal.
00:42:54The greatest tax cuts in history, greatest everything,
00:42:57but now you have the big drug prices because that's going to be included.
00:43:01It makes that whole situation different from a scoring standpoint.
00:43:06I just told them. I called them up about this.
00:43:08I said, I'm going to do something that's going to be very monumental.
00:43:11And you're going to be scoring.
00:43:13You better tell your people that this is going to score really well.
00:43:17And then add hundreds of billions of dollars in tariffs to your list also.
00:43:24But as big as the tariffs are, this is something that really hits quickly.
00:43:28Five years ago, I signed an executive order to confront this disaster,
00:43:33but only confront it in a minor way.
00:43:36It was a good confrontation, but never to this extent.
00:43:41It took people a little while to understand a very complicated system.
00:43:46But Joe Biden, without any knowledge of what he was doing, terminated the policy
00:43:50and then pretended to negotiate under a new system.
00:43:54And then you take a look, five out of the ten drugs that he negotiated
00:43:59are now over 200 percent more expensive in America than the rest of the world
00:44:05and far more expensive than when he even got involved.
00:44:09Much more expensive than when he got involved.
00:44:11Joe Biden's plan was, as you know, because you wrote about it,
00:44:15you don't say it very loudly, but it was a very big failure,
00:44:18was his whole presidency.
00:44:19First, I'm directing the U.S. trade representatives
00:44:22and Department of Commerce to begin investigations into foreign nations
00:44:27that extort drug companies by blocking their products
00:44:30unless they accept bottom line and very low dollar amounts
00:44:34for their product unfairly shifting the cost burden onto American patients.
00:44:40And we'll be taking a look at that very strongly.
00:44:42The biggest thing we're going to do is we're going to tell those countries,
00:44:46like those represented by the European Union,
00:44:49that, you know, that game is up. Sorry.
00:44:52And if they want to get cute, then they don't have to sell cars into the United States anymore.
00:44:57It's a very big subject. And they won't get cute.
00:45:01Because I'll defend the drug companies from that standpoint.
00:45:04They were given a price by the European unions and other countries.
00:45:08This is what you do. This is what we're going to pay.
00:45:11We're not going to pay anymore. Let America pay the difference.
00:45:14Because it was a big shortfall. Let America pay it.
00:45:17And that's what we did. But we're not doing it anymore.
00:45:20Next, my administration will secure what we're calling most favored nations drug pricing.
00:45:26The principle is simple.
00:45:28Whatever the lowest price paid for a drug in other developed countries,
00:45:31that is the price that Americans will pay.
00:45:33And we're using the term other developed countries
00:45:36because there are some countries that need some additional help.
00:45:40And that's fine. I think that's very good.
00:45:42Some prescription drug and pharmaceutical prices will be reduced almost immediately
00:45:47by 50 to 80 to 90 percent.
00:45:51Big Pharma will either abide by this principle voluntarily
00:45:55or will use the power of the federal government
00:45:57to ensure that we are paying the same price as other countries.
00:46:01To accelerate these price restrictions and reductions,
00:46:05my administration will also cut out the middlemen.
00:46:09We're going to totally cut out the famous middlemen.
00:46:11Nobody knows who they are. Middlemen.
00:46:13I've been hearing the term for 25 years.
00:46:15Middlemen, I don't know who they are, but they're rich.
00:46:18That I can tell you.
00:46:20We're going to cut out the middlemen and facilitate the direct sale of drugs
00:46:24at the most favored nation price directly to the American citizen.
00:46:28So we're cutting out probably the middlemen.
00:46:30It's so important, right?
00:46:32They've got to do that.
00:46:33They're worse than the drug companies.
00:46:36They don't even make a product and they make a fortune.
00:46:39It's very smart business people that I can tell you.
00:46:42If companies make no significant progress toward most favored nation pricing,
00:46:46which we will insist that they do.
00:46:48So I think I'm wasting time talking about it.
00:46:50We're going to insist upon it.
00:46:52And we'll insist and we're going to help the drug companies with the other nations
00:46:55because those other nations do a lot of trading with us.
00:46:58They need our trade just like China needed us very badly.
00:47:01They need us just as badly.
00:47:04We will do whatever we have to with trade.
00:47:07Just like we did some great things with trade with India and Pakistan.
00:47:11Really helped the situation.
00:47:13Very heated situation.
00:47:14Could have lost millions of people.
00:47:16More than millions.
00:47:17I mean, many millions of people.
00:47:19And they want to do business with America.
00:47:24But we never used our powers that way.
00:47:28We never knew how.
00:47:29We never had people that knew how to do that.
00:47:31We'll also open up America's market to safe and legal imports of affordable drugs from other countries,
00:47:37putting dramatic downward pressure on prices.
00:47:41And if necessary, we'll investigate the drug companies.
00:47:44And we'll, in particular, investigate the countries that are doing this.
00:47:49And we will add it on to the price that we charge them for doing business in America.
00:47:56In other words, we'll add it on to tariffs if they don't do what is right,
00:48:01which is everybody should equalize.
00:48:03Everybody should say pay the same price.
00:48:05And special interests may not like this very much, but the American people will.
00:48:10I mean, I am doing this for the American people.
00:48:13I'm doing this against the most powerful lobby in the world, probably,
00:48:18the drug lobby, drug and pharmaceutical lobby.
00:48:21But it's one of the most important orders, I think, that's ever been signed,
00:48:25certainly with regard to health care or health in the history of our country.
00:48:29And it's an honor to be a part of it.
00:48:30And I'd like to ask Robert F. Kennedy to say a few words, please.
00:48:34Thank you.
00:48:35Robert F. Thank you, Mr. President.
00:48:39This is an extraordinary day.
00:48:44This is an issue that, you know, I grew up in the Democratic Party,
00:48:48and every major Democratic leader for 20 years has been making this promise to the American people.
00:48:54This was the fulcrum of Bernie Sanders' runs for presidency,
00:48:58that he was going to eliminate this discrepancy between Europe and the United States.
00:49:04But as it turns out, none of them were doing it.
00:49:07It's one of these promises that politicians make to their constituents,
00:49:11knowing that they'll never have to do it.
00:49:13And the reason they'll never have to do it is because they know that Congress is controlled in so many ways by the pharmaceutical industry.
00:49:22There's at least one pharmaceutical lobbyist for every congressman, every senator on Capitol Hill,
00:49:28and every member of the Supreme Court, by some estimates three.
00:49:33Pharmaceutical companies, the industry itself, spends three times what the next largest lobbyist spends on lobbying.
00:49:42So this was an issue that people talked about, but nobody wanted to do anything because it was radioactive.
00:49:51They knew you couldn't get it by Congress.
00:49:53We now have a president who is a man of his word, who has the courage.
00:50:00President Trump was taking money from the pharmaceutical industry, too.
00:50:03I think they gave you $100 million.
00:50:05But he can't be bought, unlike most of the politicians in this country.
00:50:11And he is standing here for the American people.
00:50:14I don't know what, you know, there's writers like Elizabeth Warren or Robert Reich,
00:50:21who are saying that President Trump is on this side of the oligarchs.
00:50:24There has never been a president more willing to stand up to the oligarchs than President Donald Trump.
00:50:33And I'm very, very proud of you, Mr. President, for your courage.
00:50:37I'll say, because I don't want to be crude, your intestinal fortitude, your stiff spine,
00:50:46and your willingness to stand up for the American people.
00:50:50We have 4.2 percent of the world's population.
00:50:53Our country represents 75 percent of the revenues for pharmaceutical companies.
00:51:01We spend, in our country, $1,126 per capita on drugs.
00:51:09In Britain, they spend about $240.
00:51:12They spend one-fifth of what we do.
00:51:14And this is true across Europe.
00:51:17And the drug companies, Europeans, if you ask them, it made no sense what they are saying.
00:51:23America has to pay for this innovation or it's not going to happen.
00:51:27What President Trump is saying to our European partners is you've got to raise the amount that you're paying for those drugs and pay for your share of the innovation.
00:51:37That the United States is no longer subsidizing that.
00:51:40If the Europeans raise the price of their drugs by just 20 percent, that is $10 trillion that can be spent on innovation.
00:51:51And the health of all people all across the globe is going to increase because we're going to have better products.
00:51:58So, I'm just so grateful to be here today.
00:52:03I never thought that this would happen in my lifetime.
00:52:06I have a couple of kids who are Democrats, are big Bernie Sanders fans.
00:52:11And when I told them that this was going to happen, they had tears in their eyes.
00:52:16Because they thought, this is never going to happen in our lifetime.
00:52:19And we finally have a president who's willing to stand up for the American people.
00:52:24Thank you.
00:52:25And Dr. Oz.
00:52:30Thank you, Secretary Kennedy.
00:52:32This is the most powerful executive order on pharmacy pricing and healthcare ever in the history of our nation.
00:52:40And it's only happening because we have a president with the fortitude, the guts to stand up to the withering criticism and lobbying that's going to occur as soon as folks hear about the executive order.
00:52:52So, on behalf of the child in Philadelphia who's got an autoimmune disease with $1,000 a month drug or the older woman in Los Angeles who's on a blood thinner who can't afford her co-pay, I want to thank President Trump.
00:53:05God bless you for having the guts to take on this industry.
00:53:08Thank you, sir.
00:53:10Thank you very much.
00:53:11So, let's talk about the details a little bit.
00:53:12And this is primarily about equalization, as President Trump said.
00:53:16It's about fairness.
00:53:17Think of NATO as a metaphor.
00:53:19When President Trump said, you've got to pay a little more so it makes sense for all of us, they came up.
00:53:25And the European countries contributed.
00:53:27The same thing we believe will happen in this situation.
00:53:30Most people who have thought about this process agree that it is patently unfair to tolerate the numbers that Secretary Kennedy and President Trump did.
00:53:37and President Trump have reflected to you.
00:53:40On this chart to my left is a list of the ten drugs that were negotiated in the IRA.
00:53:45Again, this is the bill, the law, that regulates a negotiation process.
00:53:51This is the best price that was able to be obtained by the Biden administration.
00:53:55And if you look at these numbers, they actually reflect how much on top of the most favored nation price was being paid by the United States.
00:54:04So, the closest to me, Bob, you can point to the Jardines, the closest one, 289%, the one that's closest to you.
00:54:10That means that we are paying in America four times more than that drug costs in other countries.
00:54:18Again, 100% is the baseline. It's 289% above that baseline.
00:54:22It goes all the way down to when we're paying 50% more than any other country.
00:54:25That's the range.
00:54:26As was pointed out by President Trump, half the time we're paying three times more than it's paid in other countries.
00:54:32It doesn't make any sense for the system.
00:54:34That stated, President Trump has over and over again indicated, and Secretary Kennedy has reflected as well,
00:54:39we want innovation.
00:54:40We want our technology partners doing the best they can to make the best solutions for drugs
00:54:45to cure as many people in America and around the world as possible.
00:54:49By getting our allies to pay a bit more, as they should be, and they should have for many years been doing,
00:54:55we'll course correct a problem that's gotten out of hand.
00:54:58And by doing that in a thoughtful, effective way, we're going to be able to get the pharmaceutical industry whole.
00:55:03Those jobs will still be here.
00:55:04We'll still be productive.
00:55:05We'll still be curing cancer and a slew of other ailments that plague humanity.
00:55:09America will still be the leader in this space, but we'll be paying the appropriate amount, the right-sized amount for those tasks.
00:55:16So over the next 30 days, the four of us up here, together with people standing in the back of this room,
00:55:22we're doing a lot of the heavy lifting, are going to be approaching pharmaceutical companies to talk specifically about what we want,
00:55:27the most favored nation priced to be based on the best data we have.
00:55:30We're looking forward to a thoughtful interaction with these corporate leaders,
00:55:36many of whom we've spoken to and in quiet will agree the system is not right the way it is.
00:55:41They're patriotic Americans. They want what's right.
00:55:43But the fact that in my lifetime, as Secretary Kennedy said, for the first time, we have a thoughtful and aggressive approach,
00:55:50thanks to President Trump, on taking on these special interests.
00:55:54I should give all Americans confidence that this is an administration that stands for fairness
00:55:59and should chill the waters for those who believe they can push us away from our North Star,
00:56:03which is to take care of the American people.
00:56:06Mr. President, God bless you.
00:56:07Thank you very much.
00:56:08Thank you.
00:56:09Jay, you want to go next?
00:56:10Sure.
00:56:11So I teach economics at Stanford as well as health policy.
00:56:17And one thing that's really, really simple in economics is that when you have a persistent price difference for the same product between two countries,
00:56:24there is something deeply wrong.
00:56:26And what President Trump has done is a historic measure that should have been done a long time ago.
00:56:32What we're going to do is make sure that those prices become much closer to equal like a competitive market you'd expect.
00:56:41Right now what's happening is the American people are subsidizing in large fraction the research and development efforts for drug companies around the world by the higher prices that we pay.
00:56:53With this new order, Europe will share the burden of that.
00:56:58And in fact, if you may think of it as somehow it's going after drug companies, actually it's helping drug companies.
00:57:05Because what we're also going to do with this order, what President Trump has done with this order, is he's said to European governments,
00:57:12look, if you are taking advantage of the drug companies by forcing them to charge very, very low prices, we're going to defend American drug companies in Europe.
00:57:21At the same time, we're standing up for the American consumer who's been paying far too high prices for far too long.
00:57:28I can go back decades to point to congressional reports after government report after government report of tremendously high drug prices,
00:57:37much higher than the rest of the world, and nothing has been done about it until this moment.
00:57:41And I'm really, really proud, President Trump, that you've done this.
00:57:45I'm really proud to be included in this. I'm looking forward to the work ahead.
00:57:48Thank you.
00:57:51Thank you, Mr. President. On behalf of the many doctors I've talked to about this very issue, thank you for taking the bull by the horns.
00:57:58Presidents on both sides of the aisle have talked about this and floated it and said they wanted to do it.
00:58:03So you've had the courage to do it. Thank you.
00:58:06I've been a surgical oncologist at Johns Hopkins for 22 years, and I have seen patients suffer.
00:58:12We didn't take an oath to heal patients and then watch their life get ruined financially with their home, mortgage, retirement,
00:58:22going down the drain with GoFundMe campaigns, raising money from church communities and synagogues and friends they haven't seen in 20 years,
00:58:30to try to raise money for what? For a system where Americans have been getting ripped off by 10, 12, 15 times higher prices than we see in other countries?
00:58:41The fundamental problem in healthcare is that we've had noncompetitive markets.
00:58:45We can do little things around the edges or we can transform those markets to competitive markets, and that's what this executive order does today.
00:58:53Imagine buying a Ford for $175,000, a regular car, and then hearing that people in London are buying it for $10,000 every day, all day long.
00:59:06That is the craziness of this system.
00:59:08We're going to do everything we can at the FDA to support this executive order. It's transformative. Thank you, Mr. President.
00:59:15Thank you. Thank you very much.
00:59:17So, thank you very much, everybody. I think it's a very important day.
00:59:21In many ways, we'll start with the Houthis. We go to Pakistan and India.
00:59:28We go to what we did with China, the trade deal, and with the U.K.
00:59:32And, by the way, many other deals are coming in very much.
00:59:36At a certain point, we'll just set the price because we know where we are, but we'll just set the price.
00:59:41But world trade is going to be terrific, and our country is going to be making a lot of money.
00:59:47Taxes are going to go down. Taxes are going to go down very, very substantially.
00:59:52But you look at all of the things that we've done, and now today, I'm heading over.
00:59:57We'll see what we're going to do with respect to Iran.
01:00:01I think you have very good things happening there, too, by the way.
01:00:04They can't have a nuclear weapon, but I think that they are talking intelligently.
01:00:10We're in the midst of talking to them, and they're right now acting very intelligent.
01:00:16We want Iran to be wealthy and wonderful and happy and great, but they can't have a nuclear weapon.
01:00:22It's very simple. So I think they understand that I mean business, and I think they're being very reasonable thus far.
01:00:31And don't underestimate Thursday in Turkey. President Erdogan is going to be a great host.
01:00:41And we are doing some work with him, having to do with Syria, too, by the way.
01:00:48We're going to have to make a decision on the sanctions, which we may very well relieve.
01:00:52We may take them off of Syria because we want to give them a fresh start.
01:00:57But President Erdogan has asked me about that. Many people have asked me about that,
01:01:02because the way we have them sanctioned, it doesn't really give them much of a start.
01:01:05So we want to see if we can help them out. So we'll make that determination.
01:01:10But I think you're going to have maybe a good meeting. You have the potential for a good meeting, that a meeting wasn't going to take place.
01:01:15I insisted that that meeting take place. And it is taking place.
01:01:20And I think you may have a good result out of the Thursday meeting in Turkey between Russia and Ukraine.
01:01:26And I believe the two leaders were going to be there. I was thinking about flying over.
01:01:30I don't know where I'm going to be on Thursday. I've got so many meetings.
01:01:33But I was thinking about actually flying over there. There's a possibility of it, I guess, if I think things can happen.
01:01:39But we've got to get it done. We've got to save 5,000 lives a week.
01:01:425,000 lives is really more than that. It's worse than that.
01:01:45And when you see the, and you don't want to see it, but when you see the satellite photographs of the battlefield
01:01:50with arms and legs and heads all over the place, separated by 30 yards from bodies,
01:01:57It's not, it doesn't make sense. It doesn't make sense. So we're working very hard to see if we can end that bloodbath.
01:02:09Okay. There shouldn't be too many questions. It's been covered pretty well.
01:02:12Thank you for taking questions. Two quick ones for you.
01:02:15Starting on trade. If a longer term deal is not reached with China at the end of these 90 days,
01:02:21can the American people expect those tariffs to go back up to 145 percent?
01:02:25No, but they would go up substantially higher.
01:02:28Okay. And then on-
01:02:29You know, at 145, you're really decoupling because nobody's going to buy.
01:02:33But they can go, they got very high because of additional tariffs.
01:02:38I applied during the course because of fentanyl and other things.
01:02:41But no, but they'd go substantially higher.
01:02:43And then on Qatar, Mr. President-
01:02:44I think you will have a deal, however.
01:02:46You're confident that there will be a deal on Qatar.
01:02:48Had Qatar asked for anything in exchange for that $400 million luxury jumbo jet?
01:02:55And how can the American people be so sure that they will not in the future?
01:02:58Well, I think what happens with the plane is that, you know, we're very disappointed that it's taking Boeing so long to build a new Air Force One.
01:03:05You know, we have an Air Force One that's 40 years old.
01:03:07And if you take a look at that compared to the new plane of the equivalent, you know, stature at the time, it's not even the same ballgame.
01:03:15You look at some of the Arab countries and the planes they have parked alongside of the United States of America plane, it's like from a different planet.
01:03:25And it's close to 40 years old, might be more than 40 years old now.
01:03:29And we, when I first came in, I signed an order to get it built.
01:03:35I took it over from the Obama administration.
01:03:38They had originally agreed.
01:03:40I got the price down much lower.
01:03:42And then when the election didn't exactly work out the way that it should have, a lot of work was not done on the plane because a lot of people didn't know they made change orders that were so stupid, so ridiculous.
01:03:56And it ended up being a total mess, a real mess.
01:04:00And when I came back, I said, by the way, what's going on with the Boeings that are coming in?
01:04:05Well, sir, they're way behind.
01:04:06And they are.
01:04:07They're way behind.
01:04:08They were way behind another mess that I inherited from Biden.
01:04:11And it's going to be a while before we get them.
01:04:14And I think Qatar, who has really, we've helped them a lot over the years in terms of security and safety.
01:04:23I feel, I think, and very, very nicely.
01:04:26And I have a lot of respect for the leadership and for the leader, Qatar.
01:04:30And I think they knew about it because they buy Boeings.
01:04:33They buy a lot of Boeings.
01:04:35And they knew about it.
01:04:37And they said, we would like to do something.
01:04:40And if we can get a 747 as a contribution to our Defense Department to use during a couple of years while they're building the other ones, I think that was a very nice gesture.
01:04:54Now, I could be a stupid person and say, oh, no, we don't want a free plane.
01:04:58We give free things out.
01:05:00We'll take one, too.
01:05:01And it helps us out because, again, we're talking about we have 40-year-old aircraft.
01:05:06The money we spend, the maintenance we spend on those planes to keep them tippy-top is astronomical.
01:05:12You wouldn't even believe it.
01:05:13So I think it's a great gesture from Qatar.
01:05:16I appreciate it very much.
01:05:19I would never be one to turn down that kind of an offer.
01:05:23I mean, I could be a stupid person and say, no, we don't want a free, very expensive airplane.
01:05:29But it was, I thought it was a great gesture.
01:05:32And I think it was a gesture because of the fact that we have helped and continue to.
01:05:37We will continue to.
01:05:39All of those countries, Saudi Arabia, UAE, Qatar, and others, we keep them safe.
01:05:46If it wasn't for us, they probably wouldn't exist right now.
01:05:49And I think this was just a gesture of good faith.
01:05:52And I don't get it.
01:05:54Someday it'll be like Ronald Reagan.
01:05:56They decommission them.
01:05:57You know, they get to a certain age, they decommission them.
01:05:59It'll go to my library.
01:06:01They're talking about going to my library in years out.
01:06:05But I thought it was a great gesture.
01:06:08And it's something that was done by Ronald Reagan.
01:06:10They actually decommissioned the plane and he put it in his library.
01:06:13And it actually has made the library, I think a Boeing 707, it's actually made the library more successful.
01:06:20So it was good.
01:06:21Do you plan to use the plane after you leave office?
01:06:25No, I don't.
01:06:26No.
01:06:27It would go directly to the library after I leave office.
01:06:30I wouldn't be using it, no.
01:06:32Mr. President, on the hostage, you said that the release of the American hostage, Adam Alexander, is a step in good faith to end this war.
01:06:42Do you expect any progress or perhaps announcement on ceasefire during your trip to the Middle East?
01:06:48We hope that we're going to have other hostages released too, as you know.
01:06:52So, when I met with the hostages three weeks ago that were there for quite a while, you remember the 10 people that came in, mostly young people.
01:06:59One or two were a little bit older.
01:07:02They were explaining the trials and tribulations.
01:07:05I mean, they went through hell.
01:07:07And I said, how many are there?
01:07:08They said 59.
01:07:10I said, that's a lot.
01:07:11I didn't realize.
01:07:12Because we got a lot out.
01:07:13You know, we got a lot of hostages out, I think you will acknowledge.
01:07:16They said 59.
01:07:18But then they said, they followed that up by saying 59, of which 24 are living, the rest are dead.
01:07:24But the people whose son, mostly son, I think one daughter in this case, but mostly sons are there, or husbands are there.
01:07:34Those people want the dead bodies as much as they want the live body.
01:07:38I was, I have a mother that calls me, but came up to me when I first met her and she said,
01:07:44please, please get my son out.
01:07:47He's dead, but they have his body.
01:07:49And I asked her about that.
01:07:51And it's as though he were alive.
01:07:54The level of wanting that body back is the same.
01:07:58It couldn't be anymore.
01:07:59As though he were alive.
01:08:01So, you know, getting the bodies back is very important.
01:08:05It could be a thing having to do with the religion.
01:08:08I was amazed at the level of importance.
01:08:12It's the same as if the son or husband or whatever was alive.
01:08:16So they said 59.
01:08:18In fact, they came out, they came in with a number 59 written out on like a sign on their chest.
01:08:23But they came to thank me for getting them out.
01:08:26And I said, what does the 59 mean?
01:08:30They said, well, that means there are 59 people.
01:08:32But then they said, but 24 are living.
01:08:35Now it's 21.
01:08:36The number is 21.
01:08:37So now it's actually, well, we'll get Etan today.
01:08:41We think we're getting him today.
01:08:43So it's 20.
01:08:44So they have 20 live hostages there.
01:08:46The rest are dead bodies.
01:08:47Mr. President, are you open to negotiating your tariffs on cars, steel and aluminum with China or any other country?
01:08:55Well, we're not even talking about that.
01:08:57We're bringing the car back business back into this country.
01:09:00We have commitments, not only commitments.
01:09:03They've already started construction on many plants.
01:09:06They've left Mexico in a few cases.
01:09:09In a few cases, they've left Canada.
01:09:11They're not going to build in Canada.
01:09:12They're going to build here.
01:09:13Because we have the market and the tariffs have been amazing.
01:09:17The election and the tariffs.
01:09:18November 5th was a big day.
01:09:20And on top of that, of course, you wouldn't have the tariffs without the election, I guess, if you look at it.
01:09:25But we have at least 11 committed massive car factories that are going to be built, that are in the process of being built.
01:09:37And some are going through.
01:09:39Some have actually started.
01:09:40We also have renovations of existing factories where they weren't utilizing the full factory from years gone by.
01:09:47And now they're under full renovation.
01:09:49They'll be opening up full factories in a very short period of time.
01:09:52Our car industry, I think we're going to have the number one industry.
01:09:55You know, if you look at Japan and these others, they do tremendously with cars.
01:10:00And they can do that, too.
01:10:02But, you know, if they want to sell cars in the United States, they're going to have to build factories in the United States.
01:10:08Because I'm interested in cars for the United States.
01:10:10And one other thing is, in our tax bill, we're giving not only no tax on tips, no tax on Social Security, no tax on overtime,
01:10:19but also we're going to get a deduction for people that borrow money to buy a car if it's made in America.
01:10:28If it's not, we have no interest.
01:10:30If I felt it would be important toward getting the deal done, I'm the one that insisted on the meeting.
01:10:46They couldn't get a meeting because one said ceasefire, one said no ceasefire, was going back and forth.
01:10:51I said, look, at this point, we got to stop it.
01:10:55Just go to the meeting.
01:10:56The meeting has been set.
01:10:57Go to the meeting on Thursday.
01:10:59And if I thought it would be helpful, I don't know where I'm going to be at that particular point.
01:11:03I'll be someplace in the Middle East, but I would fly there if I thought it would be helpful.
01:11:07Yeah, please.
01:11:08I want to ask you about South African refugees.
01:11:11Dozens of Afrikaners who claim discrimination in their home country are heading to the United States.
01:11:17Right.
01:11:18Where your administration is going to welcome them as refugees.
01:11:21Now, this comes, as you've halted virtually all refugee emissions for people from famine and war
01:11:26from countries like Sudan and the Democratic Republic of Congo.
01:11:29Why are you creating an expediting path into the country for Reconners, but not others?
01:11:34Because they're being killed.
01:11:36And we don't want to see people be killed.
01:11:39Now, South Africa leadership is coming to see me, I understand, sometime next week.
01:11:44And, you know, we're supposed to have a, I guess, a G20 meeting there or something.
01:11:50But we're having a G20 meeting.
01:11:52I don't know how we can go unless that situation is taken care of.
01:11:55But it's a genocide that's taking place that you people don't want to write about.
01:11:59But it's a terrible thing that's taking place.
01:12:01And farmers are being killed.
01:12:06They happen to be white.
01:12:08But whether they're white or black makes no difference to me.
01:12:11But white farmers are being brutally killed and their land is being confiscated in South Africa.
01:12:17And the newspapers and the media, television media, doesn't even talk about it.
01:12:22If it were the other way around they'd talk about it, that would be the only story they'd talk about.
01:12:26And I don't care who they are.
01:12:29I don't care about their race, their color.
01:12:31I don't care about their height, their weight.
01:12:33I don't care about anything.
01:12:34I just know that what's happening is terrible.
01:12:37I have people that live in South Africa.
01:12:39They say it's a terrible situation taking place.
01:12:41So we've essentially extended citizenship to those people to escape from that violence and come here.
01:12:50Yeah.
01:12:51Mr. President, thank you.
01:12:54Are you letting China off the hook for these 90 days?
01:12:57And do you really believe that they will follow through with non-tariff barriers and remove those?
01:13:02Non-monetary tariffs?
01:13:03Yeah.
01:13:04Yeah, I think they're going to follow through.
01:13:05I think they want it very badly.
01:13:06I think they want the deal very badly.
01:13:08Again, this doesn't include the steel tariffs that I put on a long time ago that Biden tried to get off, but he couldn't get them off because it was too much money.
01:13:15You know, I took in hundreds of billions of dollars from China, which a lot of people don't know.
01:13:20But we put on the tariffs originally.
01:13:22And if I didn't do that, we wouldn't have a steel industry today.
01:13:24Now we have a thriving steel industry.
01:13:27It will be thriving much more with what we're doing because this is the next level.
01:13:30But it doesn't include that.
01:13:32It doesn't include cars.
01:13:33It doesn't include pharmaceuticals when we do that.
01:13:35And the reason we're doing that will be to get them to come back into the country.
01:13:39You know, there are, again, I always say it because a lot of people forget, but if a company like Eli Lilly, which is making a massive investment in the United States right now, they're building many, many plants.
01:13:51They've already started like seven of them, many plants.
01:13:55But they are not going to be tariffed.
01:13:59There's no tariff cost.
01:14:00So they're all doing that.
01:14:02They're all coming back to the United States.
01:14:04I mean, I'll tell you what, I hope I get the benefit of watching this because, as president, because, you know, it takes a little while to do this stuff.
01:14:13And we're doing it early in the administration.
01:14:16If you think of it, we have, I believe, if you look at the real total, it's over $10 trillion committed for plants and factories.
01:14:27Other administrations haven't had $1 trillion over a four-year period, even over an eight-year period.
01:14:34We have over $10 trillion committed in one form or the other over two months.
01:14:40Give me a break.
01:14:41I'm here to hear three, but let's give me a break on the first month.
01:14:44We want to get acclimated.
01:14:46But, you know, but if you think about it, it's really two months.
01:14:49And so in two months, we have an investment already of over $10 trillion.
01:14:55And other presidents haven't had that done over a year, over four years in some cases.
01:15:02It's unprecedented.
01:15:03There's never been anything like it.
01:15:05It's a very exciting time in America.
01:15:07Thank you very much, everybody.
01:15:09Thank you.
01:15:10Who's in charge of the budget bill while you're on, sir?
01:15:13I'll sign that.
01:15:14Yeah.
01:15:15Mr. President, are you asking for sanctions on Russia if Putin doesn't agree with the 30-day
01:15:20since Friday?
01:15:21I have a feeling they do agree.
01:15:22I do.
01:15:23I have a feeling.
01:15:24And we've been talking about the budget bill.
01:15:26Let's see what happens.
01:15:27Mr. President, who's in charge of the budget bill negotiations while you're on?
01:15:31The budget bill negotiations are taking place.
01:15:33Who in your administration is in charge of that while you're gone?
01:15:35Everybody.
01:15:36And Bobby, from the standpoint of medical, this group behind me, I mean, I think it's
01:15:40the best group ever assembled.
01:15:42In terms of medical, I think you're going to see a tremendous cut.
01:15:46I don't think.
01:15:47I mean, I know you're going to see it in Medicaid and Medicare.
01:15:51That cut will be massive because drugs are 50, 60 percent of the cost.
01:15:55So Medicaid costs are going down and Medicare costs are going down because of what we're
01:16:00doing today.
01:16:01And there's no — it's not like, oh, gee, well, maybe it won't happen.
01:16:05It's going to happen because the other countries have no choice.
01:16:08No, the drug companies are going to have to say, listen, if you don't pay more, we're
01:16:10not going to give you the drug.
01:16:11And they're willing to do that.
01:16:13So that's it.
01:16:14They have to — we have to equalize.
01:16:16Mr. President, what do you —
01:16:18How do you respond to the fact that this —
01:16:21It's not price control.
01:16:23No, no.
01:16:24What was — price control is before.
01:16:27If you want to talk about — price control is what they were doing.
01:16:30They were making us pay.
01:16:32They set a price.
01:16:33And they said, here's what we're going to pay.
01:16:36And anything else charge America.
01:16:40Because at that time, they had a very stupid president.
01:16:43And it really went crazy during the last four years.
01:16:46And remember this.
01:16:47The Democrats are the ones that allowed this to happen.
01:16:50They were the ones that were the protector of this.
01:16:53of this pricing system.
01:16:56And I think it's going to be very hard.
01:16:58You'll have to ask Democrats.
01:16:59Are they going to vote against the one great, big, beautiful deal that's being negotiated now?
01:17:05Tax cuts, etc.
01:17:06We're now on top of the tax cuts and regulation cuts, all the things.
01:17:11Now you're going to say that the price of your medicine is going down by 60, 70, 80 percent.
01:17:17You're going to vote against it?
01:17:19I think a lot of Democrats are going to be forced to do something that their leaders are going to beg them not to do.
01:17:25And that's vote for the bill.
01:17:26I don't see how they can vote against it.
01:17:28How can they vote against it when drug prices, drugs and pharmaceuticals are going to be down 70, 80 percent?
01:17:34It's going to be very interesting.
01:17:35Mr. President, what do you say to people who view that luxury jet as a personal gift to you?
01:17:40Why not leave it behind?
01:17:41Your ABC fake news, right?
01:17:42Why not?
01:17:43Because only ABC, well, a few of you would.
01:17:47Let me tell you, you should be embarrassed asking that question.
01:17:51They're giving us a free jet.
01:17:53I could say, no, no, no, don't give us, I want to pay you a billion or 400 million or whatever it is.
01:17:59Or I could say, thank you very much.
01:18:02You know, there was an old golfer named Sam Snead.
01:18:05Did you ever hear of him?
01:18:06He won 82 tournaments.
01:18:07He was a great golfer.
01:18:08And he had a motto.
01:18:10When they give you a putt, you say, thank you very much.
01:18:13You pick up your ball and you walk to the next hole.
01:18:15A lot of people are stupid.
01:18:17They say, no, no, I insist on putting it.
01:18:19And then they putt it and they miss it.
01:18:21And their partner gets angry at them.
01:18:23You know what?
01:18:24Remember that, Sam Snead.
01:18:26When they give you a putt, you pick it up and you walk to the next hole and you say, thank you very much.
01:18:31Respectfully, sir, as a businessman, some people may look at this and say, have you ever been given a gift worth millions of dollars and did not receive anything?
01:18:39It's not a gift to me.
01:18:40It's a gift to the Department of Defense.
01:18:43And you should know better because you've been embarrassed enough.
01:18:46And so has your network.
01:18:47Your network is a disaster.
01:18:48ABC is a disaster.
01:18:49Here is the bill.
01:18:51Bobby, come on over here.
01:18:52Now you're talking about treatment.
01:18:54Thank you very much, everybody.
01:19:00Thank you very much, everybody.
01:19:02Mr. President, we have a question of authority.
01:19:04Do you press?
01:19:05Thank you very much.
01:19:06Thank you very much.
01:19:07Thank you very much.
01:19:08Thank you.
01:19:30Thank you.
01:19:34Thank you.
01:19:38Thank you.
01:19:43Thank you.
01:19:44Grazie a tutti
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