Karoline Leavitt Celebrates Trump's 'Three Major Trade Deals' With Philippines, Japan, Indonesia

Forbes Breaking News

During a White House press briefing on Wednesday, Press Secretary Karoline Leavitt spoke about trade agreements with Japan, Indonesia, and the Philippines.

Transcript

00:00Let me begin with a few scheduling items off the top.

00:03Later this afternoon, President Trump will deliver the keynote address at the Winning

00:07the AI Race Summit here in Washington, D.C.

00:11President Trump believes it is non-negotiable that the United States wins the AI race, which

00:16is why today, President Trump will announce a bold and comprehensive AI action plan to

00:21sustain and enhance America's global AI dominance.

00:25Under President Trump's leadership, our country will lead the world in AI to secure a brighter

00:30future for all Americans, massively grow our economy, and protect our national security.

00:37The President will also sign three executive orders at the event this afternoon.

00:42On Friday morning, President Trump will travel to Scotland for a working visit that will include

00:47a bilateral meeting with Prime Minister Starmer to refine the historic U.S.-U.K. trade deal.

00:54On the topic of trade, yesterday, President Trump accomplished something no other president

00:58has ever achieved.

01:00The President secured and announced three major trade deals with the Philippines, Indonesia

01:06and Japan all in one day.

01:09President Trump is finally putting a stop to our country getting ripped off.

01:14As a result of the President's successful negotiating tactics, many foreign markets are now being

01:19opened to American industries for the very first time, and harmful trade barriers are being

01:25broken down.

01:26Thanks to President Trump, these countries around the world are agreeing to open their markets

01:31to American-made products and goods for the first time, which will lead to a boom in sales

01:35and profits for American businesses right here at home.

01:40As President Trump said, he will only lower tariff rates if a country agrees to open their market

01:46to American-made products.

01:48If not, they will continue to face tariffs and pay a steep price to do business in the

01:53United States of America, which remains the best market on the face of the planet.

01:59Also this week, the President officially marked six months here at the White House.

02:04He made big promises to the American people on the campaign trail last year, and he has unquestionably

02:10delivered on those promises in record time.

02:13The President has defeated the Biden inflation crisis to make America affordable again.

02:18Core inflation is currently at its lowest level in four years, and prices for everyday goods

02:24are falling.

02:25The President's pro-growth policies have fueled massive job growth across our country.

02:30Since the President has taken office, our economy has added nearly 700,000 new jobs, with

02:36native-born American workers accounting for all job gains.

02:41The President has put the economic needs of families and of workers first.

02:45He signed the largest tax cuts for the middle class in American history, including no tax

02:50tax on tips, overtime, and Social Security.

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