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* Energy Dominance Is Key > Energy Shall Set The US Free *
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#News #Politics #Trump 47 #Juan O Savin #Nino #Jennifer Mac #Michael Jaco #Education #Republican #USAID #Documentary #
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#News #Politics #Trump 47 #Juan O Savin #Nino #Jennifer Mac #Michael Jaco #Education #Republican #USAID #Documentary #
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NewsTranscript
00:00Thank you very much for being here. We have largely an energy group today. We're looking to be very energy dominant and we will be in a very short order. These are great professionals. But before we do that, we'll be signing an executive order having to do with COVID and schools. Lindsay?
00:19Yeah. So this first executive order, it prohibits federal funding for COVID-19 mandates, vaccine mandates in schools.
00:27Okay. And that will mean they want to clear that up, the discrepancy.
00:33So any schools that require students to be vaccinated with COVID-19 shot, then there's no more federal funding.
00:45Okay.
00:57Okay. That solves that problem.
01:05Sir, will the Department of Education have to handle that?
01:08Yes. It'll go through the Department of Education. Okay. Thanks.
01:14Can I make one comment, Mr. President?
01:16Yes, please.
01:17As a father of nine, thank you. We should have parental freedom to decide what vaccines our kids take, as opposed to school systems and governors forcing upon the people that love these kids the most, which is the parents. So thank you for signing that.
01:31Great. Thank you very much. People wanted that very badly.
01:35Okay.
01:35And here is an executive order establishing the National Energy Dominance Council. So that will be chaired by the Secretary of the Interior, Mr. Burgum, and the Vice Chair, Chris Wright. And so this will reduce costs with respect to energy, establish American independence with energy, and also unleash energy dominance.
02:00Good. Thank you. And this is a big deal. We have more energy than any other country, and now we're unleashing it, to put it nicely. And I'd like to ask Doug, you're going to be heading it up. You and Chris, would you say a few words about it, please?
02:15Yeah, absolutely, sir. Good afternoon. President Trump wisely understood that under the Biden administration, there was a war against American energy, and today that war officially has ended.
02:26President Trump on day one declared a national energy emergency, and this is a real emergency because under the Biden administration, restricted the production of oil and gas. Production's still coming, but when you stop holding leases, when you take 625 million acres of land out of ocean land, out of production possibilities through an executive order, you're really restricting the balance sheet of America.
02:51But today, as President Trump said, this is unleashed. The National Energy Dominance Council will be made up. All the folks that are standing beside me here, other cabinet leaders, and many more, represent President Trump's wise decision that we need a whole-of-government approach to unwind.
03:08The Biden administration had a whole-of-government approach that had the war against U.S. energy. Now we need to turn that around 180 degrees and unleash that potential.
03:17We've got to unleash it from the Gulf of America all the way up to Alaska. We have amazing resources in this country, and we haven't been getting a return on them. Many of these are under public lands.
03:28The interior has 500 million acres of surface, 700 million acres of subsurface minerals, critical minerals, and offshore close to 2 billion acres. And that balance sheet is the biggest balance sheet in the world, and it's been completely underutilized.
03:44Everybody knows we have 36 trillion in debt as a country, but no one knows how many hundreds of trillions of dollars of assets we have. And President Trump is asking us to go get a return on that investment for the American people.
03:57And with that, we're going to have prosperity at home with lower prices, and we're also going to have peace abroad, because the wars that we've been engaged in, or our allies have been fighting over the past few years, have been funded by the oil sales of our adversaries.
04:11So we have an opportunity, and we also are in an AI arms race with China. The only way we win that is with more electricity, and we also have an energy emergency in terms of electricity.
04:21Too much intermittent, unreliable, not enough base load. We've been shutting down the base load that we have. President Trump is going to reverse that, and it's going to allow us to win the AI arms race, which is the most important thing that we have to do relative to our future.
04:36So with that, I want to say again, thank you to President Trump, and I want to thank my fellow members of the Energy Council here. I'm going to kick it over to the Vice Chair, Chris Wright, who's the Secretary of the Department of Energy.
04:46Thank you, Secretary Burgum. Today is truly a great day for our country today. And Secretary Burgum laid out so many of the problems the last four years. If you put barriers in front of energy, you make it more expensive. You make it less reliable. You make it harder to do business here, and harder for our consumers to pay their bills.
05:04And harder for our consumers to pay their bills. With this fantastic action from our President, we now have authority across the government to lean in to fix these problems. And I'll start out with one specific right away. This morning, I signed our first LNG export license, unpausing the pause in action. The Commonwealth LNG project that will be on the Gulf Coast in Louisiana is now officially ready to go.
05:32This will be a large construction project for American workers. It will draw demand for more American energy production that will be shipped overseas to our allies. Many more of those to come.
05:42We're also working aggressively to roll back standards that have made appliances more expensive for Americans and dishwashers that take two hours long and don't get your dishes clean. Nobody likes that. That's about standing in the way. And with this President, President Trump and our new National Energy Dominance Council, there's so many things we can do to make American lives better, bring down costs and grow opportunities. And with that, I'm going to kick it over to a fellow member of the
06:12Energy Dominance Council. Our Administrator of the EPA, Lee Zeldin.
06:15Thank you, Secretary, and honored to be serving on the Energy Dominance Council at EPA. We're doing our part to power the great American comeback. And President Trump has made it clear that he wants EPA to be doing our job to ensure that we are unleashing energy dominance however we can help, that we are assisting in making America the AI capital of the world, that we are pursuing permitting reform, that we are helping to bring back American auto jobs, that we are helping to bring back American auto jobs.
06:41This is the mandate of the American public, that the Trump mandate, it was clear, and the guidance from President Trump to me when he asked me, thankfully, for the opportunity for us to be able to serve together in partnership to unleash energy dominance. This is a moment that we must meet. To that end, it is important to note that the prior Biden-Harris EPA issued a waiver to California for tailpipe
07:10emissions. This was a rule that should have been submitted to Congress. We will submit it to Congress. Congress will have the opportunity through the Congressional Review Act to make that waiver go away. We will do everything in our part to help the American people to make life in America more affordable. The golden age of American success is upon us. If you're excited about the last three weeks, that was just a taste of the main event, the entree to come, the next four years of the
07:40Congressional Review Act being the greatest term in the history of the American presidency. With that, I'd like to introduce Sean Duffy.
07:47First of all, thank you for the work on dishwashers. We use more water to wash our dishes before we put them in the dishwasher. We're not saving water, we're using more water, so thank you for that.
07:58But I'm also joining the EPA. We've introduced our rules to start to look at the CAFE standards. So we're looking at how much it costs for end users when they put gas in their car. And the Biden era standards are costing billions of dollars in taxes and carbon credits, which drive up the cost of vehicles.
08:23And so we're going to remedy that, rectify it, and make sure we're bringing down the cost of a car. Number one. Number two, if I could just mention, Mr. President, per your direction, we are going to move forward with a permitting process for the Texas Gulf Link Deepwater Port, making sure we can move energy in and out of the country.
08:44So that was held up for five years. And it was stonewalled. Bureaucrats got in the way. We're now going to move forward with that, making sure we have great oil infrastructure in the country.
08:54Great, thanks.
08:55And I'll, Howard Mutnick?
08:57Yes.
08:57So the nanny state, you're feeling the end of the nanny state from straws made of paper to regulation endlessly harming Americans and holding us back. It slows down our production and manufacturing, which we were talking about with the prime minister of India yesterday. You're hearing that about energy dominance. It's going to go away.
09:22We're going to go away. We're going to care about Americans. The Trump administration and this president cares about Americans. And you're going to feel a change. You're going to feel the price of energy coming down. You're going to feel prices coming down. You're going to feel an explosion. The golden age of manufacturing of America has always been there. It's just been stifled by regulation. And that time is over.
09:48Thank you very much, Howard. Please.
09:50Mr. Mr. President, I just want to say that you've built such an incredible team and Secretary and Chairman Burgum that he's been working on this his whole life.
10:00And so what I expect you to see, sir, is action as early as next week that it's going to shock people about how good it is for Americans. And so thank you for your leadership, sir.
10:08Thank you very much, Kevin. And we are also working on a project that has been under wraps for 20 years. Everybody wanted it. It's been held up by New York.
10:19It's a pipeline that will bring down the energy prices in New York and in all of New England by 50, 60, 70 percent.
10:30It should have been done years ago. We'll be speaking to New York and the New York is actually the biggest beneficiary because their energy costs are very high.
10:39This will reduce it very substantially. But the all of the governors want this to happen.
10:45And I think it's going to happen. It's now going to happen. It's something that's would rather not have to go eminent domain.
10:52We'll do that if we have to in New York. But hopefully we won't have to do that.
10:56This, again, will bring down energy prices in New England by numbers that nobody can even believe, probably 50, 60 percent, maybe even more than that.
11:06A lot of them don't even pay energy because they have no energy. They use logs. They go out and they cut down a tree.
11:12It's really a terrible situation. So we're going to get this done and we can have it done once we start construction.
11:18We're looking at anywhere from nine to 12 months, if you can believe it. It's going to go very rapidly.
11:24The other thing I'd like Doug to mention, the 635 million acres that Biden so viciously took out of our our net worth.
11:34If you look at it from the standpoint of a company, you talk about net worth. They've destroyed our net worth.
11:41We're putting it back. It will be back as of this afternoon.
11:45And Doug, could you mention that? All of the millions and millions of acres that he just handed back to nobody?
11:54The executive order by President Biden that wiped out these trillions from our balance sheet.
12:00President Trump signed an executive order instructing me as the Secretary of Interior to unban that ban.
12:06And that's been accomplished. And so those are back on the U.S. balance sheet.
12:10Okay.
12:10I'm sorry, which one is that? The 625 million acres of offshore that was banned from further lease sales.
12:17Further anything?
12:18The 625 million acres is one third the size of the lower 48 that was taken off our balance sheet.
12:25It's back on there now. President Trump cares about the American people.
12:28He knows that these public lands belong to the public.
12:31They don't belong to Washington bureaucrats from the prior administration.
12:34And we're going to make sure that we get a return on investment for the American people.
12:38The amount of money that he took off our balance sheet, if you look at it as a balance sheet, it was incalculable.
12:44Nobody's ever seen anything like it.
12:46And he did that, I guess, in the last few days of the administration.
12:49He just wiped it out.
12:50635 million acres, which if you sit down and look, it's like that's a major part of the ocean.
12:58And he just gave it away and took it away.
13:01And fortunately, it wasn't done with an act of Congress or anything.
13:05And we did it in a, I think, very abbreviated, very quick and very legal procedure.
13:11And it's now back on our balance sheet.
13:14It's back as part of our country.
13:15What they did was so horrible.
13:17It was just a terrible thing to do.
13:20An unbelievable thing to do.
13:21Also, they mentioned dishwashers and sinks and showers and the whole thing.
13:26We're going to get rid of those restrictions.
13:29You have many places where they have water.
13:30They have so much water, they don't know what to do with it.
13:33But people buy a house, they turn on the sink and water barely comes out.
13:36They take a shower, water barely comes out.
13:40And it's an unnecessary restriction.
13:41And basically, I think we're going to be going back to the Trump rule.
13:44We had it.
13:45And everybody was happy.
13:47And then these people came in and they restricted it again.
13:50So we're going back and we'll get it approved by Congress.
13:53In addition, we'll get it approved by Congress.
13:55So for four years, it's good.
13:57But we're going to get it permanently taken care of.
14:00And again, very environmental, very environmentally friendly.
14:03But we want to be able to, when somebody turns on a sink to wash their hands or presses the
14:09button for a dishwasher and there's barely enough water to, I mean, there's no water.
14:15And you know what they do?
14:17They press the button 10 times.
14:19They run it 10 times.
14:20So it ends up costing a lot more.
14:22So I know you're working on that.
14:24And where are we on that?
14:26We're working closely with the Department of Energy with regards to rules that were enacted
14:30during the Biden administration inside of the EPA.
14:32We are overhauling the WaterSense standards that are there to update them for the American
14:38people to bring down cost of living and combat inflation and just pursue common sense.
14:43Good.
14:43Well, we have more oil and gas than anybody else in the world.
14:46We're opening up Anwar again.
14:48As you know, we got something.
14:50Ronald Reagan couldn't do it.
14:51No president was able to do it.
14:52I got it.
14:53And the first week in office, the Biden administration terminated that.
14:58Anwar is the biggest site, probably bigger than Saudi Arabia.
15:01We don't know yet, but it's of that size or bigger.
15:05And we hit gold.
15:07And I call it liquid gold.
15:08But we hit gold.
15:10And for whatever reason, they terminated it.
15:13And we were just ready to start utilizing it.
15:16This could take care of all of Asia, energy-wise.
15:20It's very close to Japan.
15:22In fact, Japan wants to go and be our partner, doing the pipeline, going right into the ships.
15:27So they expressed tremendous interest.
15:30So did Prime Minister Modi of India.
15:33And just in closing, both Prime Minister Modi and the Prime Minister of Japan, both very good people, they said we couldn't make a deal.
15:44We couldn't get any energy.
15:45I mean, you wonder what was going on with our country.
15:47They couldn't make a deal to get any energy from the Biden administration.
15:52They just couldn't do it.
15:53There was nobody to deal with.
15:55They didn't know how to go about it.
15:56And they're very happy that we're here.
15:58But we're going to really benefit our taxpayers.
16:01And we're going to benefit our country.
16:02So I want to thank everybody for coming.
16:06This is a very big bill.
16:07This is really going to be energy-dominant.
16:09We're going to be energy-dominant like nobody else.
16:11And this doesn't even discuss all of the electricity that we're going to be producing for all of the AI plants.
16:19You know, they need double the electricity, at least, that we have right now.
16:23So you take all of our electricity that we have all over the country just for AI to do it right and to win that war,
16:30which we're leading by a lot because of what we've done over the last few weeks.
16:34We're leading by, actually, a lot.
16:36But if you take all of it, we have to double our electricity needs just for the AI.
16:41And that doesn't include the other technologies.
16:45So it's a real honor to sign this bill.
16:48We're going to also work on CAFE standards.
16:50Lee, you're going to be doing that and make that whole situation, bring that back into reality.
16:56And I think very quickly, having to do with cars.
16:58Thank you very much.
17:00Did Modi cut any tariffs yesterday as part of your meeting?
17:05No, but in two weeks we will have another one.
17:08Yesterday was very big.
17:09Reciprocal tariffs was very big.
17:11And I explained to the Prime Minister of India, Prime Minister Modi, very good man,
17:18his tariffs are very, very high.
17:20India's tariffs are among the highest.
17:23And I said, well, now, you know, we were very low.
17:25We were the lowest.
17:27They're just about the highest.
17:28There are others as high, but not much higher.
17:32And I said, no, no.
17:33From now on, what we do is what you charge us, we charge you.
17:36It's very simple.
17:37So whatever you're charging us, you can go as high as you want.
17:40Whatever you charge us, we charge you.
17:42Did you make any pledges?
17:43And I wouldn't say they were thrilled to hear that, but that's the way it is.
17:48Tariff, I told you, is a beautiful word.
17:52Fourth most beautiful.
17:53Did you make any pledges about BRICS nations not undermining the dollar?
17:56You had threatened to have tariffs.
17:58No, BRICS, the BRICS nations.
18:01I think that's breaking up very rapidly.
18:03We said that if they're going to go and do anything to undermine the dollar, that includes
18:08China.
18:09I don't even know that they're a member of BRICS, but they had a few nations get together
18:13to try and play cute.
18:15And I said, we're going to put 100% tariff on every one of those nations.
18:19And at the mere thought of saying that, I think that's all broken up.
18:24That idea has no longer sailed.
18:27Now, that would be a terrible thing for our country.
18:29It would be bad for the world.
18:30They wanted to undermine the dollar.
18:32Six nations got together.
18:33They wanted to undermine the dollar.
18:35That doesn't, that didn't work out too well.
18:37Not going to happen.
18:38And we're getting along with a lot of nations now, frankly.
18:41There's a lot of respect for the United States.
18:43We have regained our, the respect that we should have.
18:47And, but we've also done things to deserve it.
18:50I mean, we've freed up our country.
18:51And you're going to see, this is basically energy dominance.
18:55And it's going to be environmentally clean, environmentally wonderful.
18:59And taxes will be very reasonable based on this.
19:04We're going to make more money than anybody's ever made with energy.
19:07We have more energy than anybody else.
19:09And it's clean energy.
19:10Very clean, beautiful energy.
19:12We're lucky we have it.
19:14I call it liquid gold under our feet.
19:16And we're going to utilize it.
19:18So this is a very big bill.
19:20And I have a very talented group of people behind me.
19:23This gentleman was the number one man in all of the oil industry.
19:28They said there's nobody like him, Chris, Chris Wright.
19:31And, you know, Doug, Doug actually made a tremendous fortune in technology.
19:37And he said, I'm going to run for the governorship of, he loves his state, of North Dakota.
19:43And he did.
19:43And he made it so energy powerful that he's, I think he's, I think you're more proficient
19:50at energy than technology.
19:52But what do I know?
19:53And this guy, everybody knows him, Sean.
19:55He's been, he's done a fast study on transportation.
19:59And he knows, he's learned a lot over the last few months.
20:03He's learned a lot.
20:04He's really been great.
20:05And Howard has built one of the great companies, Cantor Fitzgerald.
20:10It was wiped out, completely wiped out, other than a few people left in Europe.
20:15And he rebuilt the company into a bigger, better company.
20:18Cantor Fitzgerald is one of the most, absolutely one of the top companies on Wall Street.
20:23Stocks, bonds, trading.
20:26And he took that, I mean, he literally watched the plane go into the building,
20:30into the World Trade Center.
20:32Amazing story.
20:33That alone is an amazing story.
20:35He was delayed because his wife insisted that he finally, after years, take his child to school.
20:41So he took his child to school that one day, because normally he would have been in the building at six o'clock in the morning.
20:47That's that business, right?
20:48So you owe your wife a lot and your child a lot, right?
20:52But his wife insisted that he take his child to school.
20:57For five years, he didn't do it.
20:59He was horrible.
21:00What kind of a father was he?
21:01Okay, I'll do it.
21:02And he took, and he was therefore driving down at 843, whatever the time was, down the West Side Highway.
21:10And he saw the plane go into the side of the building.
21:12He said, wow.
21:14And he occupied the top three floors of the World Trade Center, of the one building of the World Trade Center.
21:20And you know what happened there.
21:21He lost 100% of the people in that, all, his whole company was there.
21:26And he rebuilt his company, step by step, over years, and became bigger and stronger.
21:34And he gave a tremendous amount of the profit to the families of the people that died, which he didn't have to do.
21:42And now he's working with us.
21:44He did an incredible job.
21:45I mean, anybody in that world, they know Howard Lutnick very well.
21:50But I'm honored to have him running commerce.
21:52He's going to be incredible.
21:53He loves it.
21:54He loves the country.
21:55And Lee was a great lawyer, a great congressman, very successful person, both as a lawyer and as a congressman.
22:03And knows a lot about the environment, cares about the environment.
22:07And we were lucky that I was very happy that you joined.
22:10And he was with me right from the beginning, always was with me.
22:14And I've always been with him.
22:16And Kevin Hassett, we know.
22:18Everybody knows Kevin.
22:20And he's fantastic.
22:22And you and, Lindsay, you and your team are incredible.
22:24The job you've done, we really appreciate it.
22:26Thank you, Will.
22:27And the job you guys are doing is really fantastic.
22:30We're knocking this out.
22:32Brian, do you have a question?
22:33I actually do.
22:34What kind of piqued my interest is growing up on the Texas Gulf Coast, natural gas, the LNG that you mentioned.
22:41Yeah.
22:41What's the potential for, like, new jobs or growth in that area?
22:45I mean, that part of the country, southwest Louisiana, southeast Texas, they depend on that.
22:51I would say that potential is simply tremendous.
22:54You know, 20 years ago, the United States was the biggest importer of natural gas in the world.
23:00And we hit natural gas prices two or three times higher than they are today.
23:05But with shale revolution and great entrepreneurs in Texas and Louisiana and across our great country,
23:11we are now today the largest net exporter of natural gas in the world.
23:16And so much of the world is depending upon natural gas is the fastest growing energy source.
23:21It has been for 50 years.
23:23We were the driver of that.
23:26And then we paused.
23:27We stopped our ability to grow natural gas exports.
23:31Both the Japanese government and Indian government expressed great distress about that.
23:36They're going to count on energy imports from the U.S.
23:38and we may just change our mind.
23:40So I think they're thrilled to see the actions of this president say America is open for business.
23:45Yes, we have the energy.
23:47We have the people.
23:47We have huge job opportunities and investment opportunities, not just in the oil and gas industry,
23:52but all those surrounding communities that are lifted up by that more production here.
23:57And as we produce more production at scale, not only does it allow us to export,
24:01but it becomes more efficient and it helps us drive down the cost for our domestic consumers as well.
24:06I know they're really happy.
24:07Just let you pay.
24:10Thank you, Brian.
24:12And I will say this, that this all started eight years ago when I got elected.
24:19We were doing this, not to the extent that we're doing it now,
24:22but we were doing this and we became number one in oil and gas by far.
24:27And we were number three, even number four, some would say.
24:31When I left, we were number one by a lot.
24:34And then they pulled way back and the prices started going through the roof.
24:37And then they went back to my plan.
24:38But by that time, the prices had already gone up, so they really disrupted it.
24:43But now we're going to take it to a new level.
24:45It's going to be amazing.
24:47And we're also, it's very powerful, clean coal.
24:51We have more coal than anybody.
24:53This is good, beautiful, clean coal.
24:55And if you notice, China's opening up a coal plant a month.
24:59Germany is now opening up a coal plant every two months.
25:04Very powerful.
25:05It's probably the most powerful source of energy in terms of generation,
25:08generation of electricity and other things.
25:10And we're going to utilize our good, clean, beautiful coal and oil and gas.
25:16We have more than anybody of everything.
25:19And we're going to take advantage of it.
25:21And I appreciate everybody being here.
25:23Mr. President.
25:24Can I ask you, sir, about what's happening in Munich?
25:28Senator Roger Wicker shepherded Defense Secretary Hegseth through his confirmation.
25:33He got him through that process.
25:35And then he had some tough words for him overseas.
25:37He said it was a rookie mistake for Secretary Hegseth to outline what would or would not happen
25:43as far as Ukraine's membership in NATO goes.
25:47And then...
25:47I haven't heard that.
25:48I mean, Roger's a very good friend of mine.
25:50And Pete is obviously...
25:51He's been doing a great job.
25:53Did you know what he was going to say?
25:53I haven't heard...
25:54Let me look at...
25:55You tell me something I'm...
25:57I have not heard about.
25:59The question I had is, were you aware of what Secretary Hegseth was going to say in his speech at NATO?
26:05Generally speaking, yeah.
26:06Generally speaking, I was.
26:07I'll speak to Roger.
26:08I'll speak to Pete.
26:09I'll find out.
26:10Mr. President.
26:10The Energy Dominance Council, that's for all forms of energy?
26:14Does that include...
26:15All forms of energy, yep.
26:16And the pipeline you mentioned, sir, is that a constitution pipeline in New York?
26:21Can you...
26:22Is that the...
26:22I believe in it, right?
26:23Yeah, that's what it is.
26:24And, you know, they've been trying to get it for 20 years.
26:27And what it means is for New York, upstate New York, and even everywhere in New York, also other states,
26:34but, in particular, New England, that New England will now, I think, will cut the energy prices,
26:40and big cuts in New York, too, but cut the energy prices literally in half.
26:45We have the permits.
26:47We have permits that just about everything we need, a New York permit,
26:51and I would imagine they want to do it because their energy prices will come down so far.
26:56And it's a lot of jobs for New York.
26:57It's a great thing for New York.
26:58Everybody wants it.
26:59We'll be meeting with the various governors, the governor of New York and the other governors, too.
27:06And we can have it built in about nine months, and let's say one year,
27:09but we can actually have it built in pretty close to nine months, it's all set.
27:13We have most of the permits, almost all of the permits.
27:17And on just...
27:18You're prioritizing energy dominance today.
27:20You've also prioritized trade balance.
27:22The oil industry is a little worried about the steel tariffs.
27:25I mean, they put 20,000 feet steel in the ground at a well.
27:28How will you balance that?
27:29Is there a possible...
27:30You're talking about steel and aluminum.
27:31Indeed, steel tariffs.
27:32So, the steel...
27:34I saved the steel industry in my first term by putting on tariffs
27:38because China was dumping massive amounts of steel.
27:41Others also, but mostly China.
27:43And I put very substantial...
27:45We took in $600 billion worth of tariffs from China.
27:48No other president's taken up...
27:50Literally, haven't gotten 10 cents from China, not 10 cents.
27:55And hundreds of billions of dollars came in from China.
27:58And they understood it.
27:59They understood what I did.
28:00But the dumping stopped.
28:03And had I not done that, you wouldn't have one steel mill.
28:06I think I can say not one steel mill operating in this country.
28:10And we need steel.
28:11We need steel.
28:12I mean, there are some things you have to have,
28:14and steel is one of them for military, et cetera.
28:16So, I think steel is going to be very strong.
28:21It's going to be very strong.
28:22I think it'll go back to being really powerful.
28:24We saved it.
28:25I mean, we were talking about U.S. steel last week.
28:28U.S. steel would have been closed, totally closed.
28:32We saved it.
28:33And now it's going to become, I think, very, very profitable.
28:36The tariffs are going to save a lot of industries.
28:39President, U.S. steel...
28:40Can I just follow up on U.S. steel just real quickly, sir?
28:42If the Japanese company that's interested in U.S. steel
28:46wants to take a minority stake, as opposed to full ownership,
28:50is that how you do it?
28:50A minority stake, I wouldn't mind greatly.
28:52But what they're doing right now is they're going to be investors,
28:56and they're going to be investing in, I think, debt and various other things.
28:59But we didn't want to let U.S. steel go to a foreign company.
29:03U.S. steel was the greatest company in the world for a period of 15 years.
29:08It was, you know, it was the big deal 80 years ago or so.
29:10And psychologically, we can't even think about letting that happen.
29:17But what is going to happen, and we've already seen it,
29:19you see it in the stock price, with the tariffs,
29:22U.S. steel is going to be a real powerhouse again.
29:24Can you just follow up on Jackie's question about Munich?
29:28Vice President Vance's speech to the conference
29:32has ruffled quite a few feathers in Europe.
29:33What did you say to ruffle them?
29:35He was talking about the freedom of speech and migration in Europe.
29:39Do you believe that European leaders have a fundamentally different view of the world
29:43than this administration's?
29:45Well, I heard his speech, and you're talking about J.D.'s speech, right?
29:48Yes, sir.
29:49I heard his speech, and he talked about freedom of speech.
29:53And I think it's true in Europe.
29:55It's losing, they're losing their wonderful right of freedom of speech.
30:00I see it.
30:00I mean, I thought he made a very good speech, actually, a very brilliant speech.
30:05Yeah.
30:06Europe has to be careful.
30:07And he talked about immigration.
30:10And Europe has a big immigration problem.
30:12Just take a look at what's happened with crime.
30:14Take a look at what's happening in various parts of Europe.
30:17I thought his speech was very well received, actually.
30:19I've heard very good remarks.
30:21And in regards to Ukraine, as well, yesterday you mentioned that you thought Ukraine's NATO
30:26aspirations were one of the main reasons that the war broke out.
30:30Who do you blame for the war, Ukraine or Russia?
30:33Well, I think this.
30:34I think that there were a lot of people to blame.
30:38All I can say is, very simply, if I were president, that war would never have happened.
30:42And you know what else wouldn't have happened?
30:44The Middle East wouldn't be all blown up.
30:45And October 7th wouldn't have happened, either.
30:48Those two areas, you wouldn't have inflation, you wouldn't have October 7th, you wouldn't
30:52have Russia and Ukraine fighting.
30:55None of those things would have happened if I were president.
30:57So, follow up in the Middle East.
30:59Mr. President?
31:00Yeah, please.
31:01You mentioned auto tariffs the other day.
31:02When do you plan to unfold?
31:04Howard, I'd say over the next sometime, maybe around April 2nd.
31:09I would have done them on April 1st.
31:11Believe it or not.
31:13I'm a little superstitious.
31:14No, literally, we had it planned for April 1st.
31:17I said, let's make it April 2nd.
31:19You know how much money that costs?
31:20That costs a lot of money, just that one day.
31:22But we're going to do it on April 2nd, I think.
31:25Is that right?
31:26That's right.
31:27Okay?
31:28The lead prosecutor in Eric Adams' case resigned today, saying anyone who didn't press forward
31:34would be a coward.
31:34What's your reaction to that and to the overall implication that politics were at play here?
31:39Well, I don't know about it.
31:40I mean, obviously, I'm not involved in that.
31:42But I would say this, that if they had a problem, and these are mostly people from the previous
31:47administration, you understand.
31:49So they weren't going to be there anyway.
31:50They were going to all be gone or dismissed.
31:52If not, they know on Tuesday they're all being dismissed.
31:56You know, the whole country is being, because what you do is you come in and you put new
32:01people in.
32:01So when you say resign, they're going to be gone anyway.
32:04But I know nothing about the individual case.
32:06I know that they didn't feel it was much of a case.
32:09They also felt that it was unfair with the election.
32:13Look, I would know that better than anybody, because I was weaponized more than any human
32:18being in the history probably of the world, and I won the election in a landslide, winning
32:23all seven swing states, winning the popular vote and everything else, because the people
32:28got it.
32:29It was weaponized.
32:30And I was weaponized literally weeks before the election.
32:34But I think there's also something to be said.
32:37I read that.
32:38There's something to be said for what they were doing.
32:40It looked to me, it looked to me to be very political.
32:43But why didn't they bring this up like four or five weeks ago, six weeks ago, whenever it
32:47happened, you know, they just sat around and didn't complain.
32:50Then all of a sudden they complained and they know they're all being dismissed anyway.
32:53So, you know, that's called politics, I guess.
32:59Yeah, please.
32:59Earlier this week, you predicted that all hell would break loose if Hamas didn't
33:03hand over all of their hostages.
33:05What do you expect to happen tomorrow in terms of government?
33:09I don't know what's going to happen tomorrow at 12 o'clock.
33:11It was up to me.
33:12I'd take a very hard stance.
33:13I can't tell you what Israel's going to do.
33:15But I watched the last people come out and I looked at it before in an after picture.
33:23One guy was a big, strong, healthy guy.
33:25Could you could say he was a little bit overweight?
33:28He's not overweight anymore.
33:29He looks like he just came out of the Holocaust.
33:32It looks like a Holocaust picture.
33:33I've looked at him for a long time and they've been treated very badly.
33:38The young lady came out last week.
33:39Her hand was blown off.
33:41I mean, literally, her hand was trying to stop a bullet that was headed for her face.
33:46She put up her hand.
33:47She goes like this and wiped out her fingers and a lot of her hand.
33:52But now, I would take a different stance.
33:57But it depends.
33:57Look, it depends what Bibi's going to do.
34:00It depends what Israel's going to do.
34:02But, and now I understand they've totally changed.
34:05Hamas has totally changed.
34:07They want to release hostages now again.
34:10But you have to see, this started by them saying, we're not going to release the hostages as we said we were.
34:15I said, good, you have till 12 o'clock on Saturday, which is tomorrow at 12 o'clock to do it.
34:22And we didn't hear anything.
34:24Then all of a sudden, two days ago, they said, no, we've decided we're going to release the hostages.
34:29So, but I actually think they should release all of the hostages.
34:33Remember, they're probably as, as, as bad as they looked.
34:40I mean, I don't like to say that, but they looked real bad four days ago, five days ago when I saw them.
34:46And the young ladies that came out were treated really badly.
34:49You don't know what happened, but I do.
34:51They were treated really badly.
34:53But as bad as they look, the ones that follow probably will look a lot worse.
34:58I think they're sending out their most healthy and they've been hit hard on that, Hamas.
35:04So they probably didn't want to release, but they obviously, they changed their mind.
35:09I said 12 o'clock tomorrow.
35:10And all of a sudden, two days ago, yesterday, they said, we're going to, they're going back to releasing.
35:14But this all started by them saying, we are not going to release any more hostages.
35:19And then yesterday they said they are going to release the hostages.
35:23But I think they should release all of the hostages.
35:25About 75,000 workers took this deferred resignation.
35:30It's a little bit short of the 5% to 10% goal you were hoping to hit.
35:34Do you think you'll have to make up the rest of that number?
35:36No, look, that's 75,000 more than we would have had.
35:39And nobody knows what that final number is.
35:40Because in the end, I think a lot of people aren't going to show up to work.
35:43A lot of people, they got used to staying home and, quote, working.
35:48But, you know, I wonder if they had other jobs or other things.
35:51You know, you have a lot of, they have a lot of problems with that.
35:53No, 75,000 is a lot of people.
35:56And we paid them well.
35:57You know, we gave them a lot of months of severance pay, if you call it that.
36:02But, no, I think you'll probably have some more, too, in addition.
36:07It's a big, tremendous saving for our government.
36:09We want to downsize government but make it better.
36:12Run it better but downsize.
36:14Yeah, please.
36:14Sir, if I ask about the UK, I understand that you had a phone call with Keir Starmer yesterday.
36:18I did.
36:18I just signed a letter to him.
36:21He asked for a meeting and I agreed to the meeting.
36:24We're going to have a friendly meeting.
36:25Very good.
36:25We have a lot of good things going on.
36:27But he asked to come and see me and I just accepted his asking.
36:33Do you have a date for that, sir?
36:34And what do you hope to discuss?
36:34Very soon.
36:35I think he wants to come next week or the week after.
36:37And what do you hope to discuss?
36:38I don't know.
36:39It was his request, not mine.
36:41But, you know, I've met him twice already.
36:43We get along very well.
36:44He's a very nice guy.
36:46Thank you very much, everybody.
36:48Thank you very much.
36:49Appreciate it.
36:49Thank you, Brian.
36:50Will that be called also?
36:51Thank you, Chris.
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