Trump defends tariffs and DOGE cuts in meeting with corporate America

Ver Trump defends tariffs and DOGE cuts in meeting with corporate America - Diario As en Dailymotion

Transcript

00:00Mr. President, thank you for being here.

00:12Thank you for coming back to the Business Roundtable.

00:14We're very honored that you have a lot of friends in the audience, a couple that I don't

00:19like particularly much, but for the most part, very good.

00:24We had contracts that expired years ago, but they were continuously being paid, probably

00:32I'll bet you it's $500 billion, perhaps, if you add it up so far, and we're trying to

00:39get to a trillion dollars.

00:40That's a big number.

00:43And he did have an ability to do something that a lot of people didn't think of.

00:46He'd come in with bigger ideas.

00:49He'd say, we want you to cut down the size of your agency by 2%, and we thought that

00:55was good.

00:56He came in, he said, 80%.

00:57I said, what the hell's going on, 80%?

01:01And largely, and we had to do it carefully, and we had some little hiccups, not big hiccups,

01:08but we saved a tremendous amount of money for the future.

01:11This is going into the future.

01:13I think, number two, the tariffs are having a tremendously positive impact.

01:17They will have, and they are having.

01:19We have car companies that are not building in Mexico.

01:22Now they're building in the United States.

01:25Some of them, the plants were already started, and they stopped construction, and now they're

01:28going to build in the United States.

01:30It was very unfair that they'd build in Mexico and sell them across the border with no tax,

01:35no nothing.

01:36They'd take away our jobs.

01:37They'd close up places in Michigan and all over the country, and tariffs are, they don't

01:41want to pay 25% or whatever it may be.

01:44It may go up higher.

01:45It may go up higher.

01:47Look, the higher it goes, the more likely it is they're going to build.

01:50And ultimately, the biggest win is not the tariff.

01:53That's a big win.

01:54That's a lot of money.

01:56But the biggest win is if they move into our country and produce jobs.

01:59That's a bigger win than the tariffs themselves.