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  • 10/7/2025

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00:00Sir, can you explain how you calculated your latest round of tariffs?
00:04Was there a formula that was used?
00:06And do you expect any of these countries to face tariffs as well?
00:10The formula was a formula based on common sense, based on deficits,
00:16based on how we've been treated over the years, and based on raw numbers.
00:23And we're going to have a couple of more coming out today.
00:25Brazil, as an example, has been not good to us, not good at all.
00:31We're going to be releasing a Brazil number, I think, later on this afternoon or tomorrow morning.
00:36But they're based on very, very substantial facts and also past history.
00:42You look at the past history.
00:44We've been, we never had anybody in the White House that understood the numbers or were into it like I have.
00:52You know, we've taken in hundreds of billions of dollars in tariffs, hundreds of billions.
00:58And we haven't even started yet.
01:01And it's going to be a great thing for our country.
01:03And I think it's going to be a fair thing for the world.
01:05And we really haven't had too many complaints, because I'm keeping them at a very low number,
01:10very conservative, as you would say, number.
01:14And we haven't had, I'm sure they will be complaining at certain points,
01:18but we haven't had complaints.
01:19We've been treated very unfairly by both friend and foe.
01:23And friend has treated us very badly.
01:26I was using tariffs in my first administration.
01:31And we'll see you next time on this new chart.
01:33You've.
01:37And I'll see you.

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