President Trump on Tariffs - April 2nd, Hour 2 - podcast episode cover

President Trump on Tariffs - April 2nd, Hour 2

Apr 03, 202550 min
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Episode description

President Trump's press conference announcing tariffs and why it's so important to American global independence. It's all part of a real economic plan!

See omnystudio.com/listener for privacy information.

Transcript

Speaker 1

Hi, Thanks Scott on an hour two Sean Hannity Show, eight hundred and nine to four one, Shawn our number if you want to be a part of the program. It is any moment now, we expect the President at the White House to announce his tariff decision. He's calling it Liberation Day. I can see in the crowd a lot of working men and women. They will be the biggest beneficiaries of bringing back factories, manufacturing, construction to this country and not allowing other countries to take advantage of us.

The fact that people don't get that is a little unbelievable to me. Interestingly, last year, Joe Biden's Treasury secretary said tariffs don't lead to increases in consumer prices, the exact opposite argument that democrats are making now Obama implemented. Anyway, let's go to President's Trump. He's taken to the podium on time.

Speaker 2

Thank you, nice crowd, a good looking group of people. Well, we have some very very good news today and a lot of good things are happening for our country. Please sit down, my fellow Americans. This is Liberation Day waiting for a long time. April second, twenty twenty five will forever be remembered as today American industry was reborn, the day America's destiny was reclaimed, and the day that we began to make America wealthy again, going to make it wealthy, good,

and wealthy. For decades, our country has been looted, pillage, raped, and plundered by nations near and far.

Speaker 3

Both friend and foe alike.

Speaker 2

American steel workers, auto workers, farmers, and skilled craftsmen, we have a lot of them here with us today. They really suffered gravely. They watched in anguish as foreign leaders have stolen our job. Farign cheaters have ransacked our factories, and foreign scavengers have torn apart our once beautiful American dream. We had an American dream that you don't hear so much about. You did four years ago, and you are now, but you don't too often, and for many years and

decades even you didn't hear too much about. Our country and its taxpayers have been ripped off for more than fifty years.

Speaker 3

But it is not going to happen anymore. It's not going to happen.

Speaker 2

In a few moments, I will sign a historic executive order instituting reciprocal tariffs on countries throughout the world. Reciprocal. That means they do it to us and we do it to them.

Speaker 3

Very simple. Can't get any simpler than that.

Speaker 2

This is one of the most important days, in my opinion, in American history. It's our decal of economic independence. For years, hard working American citizens were forced to sit on the sidelines as other nations got rich and powerful, much of it at our expense. But now it's our turn to prosper and in so doing, use trillions and trillions of dollars to reduce our taxes and pay down.

Speaker 3

Our national debt. And it'll all happen very quickly.

Speaker 2

With today's action, we are finally going to be able to make America great again, greater than ever before. Jobs and factories will come roaring back into our country, and you see it happening already. We will supercharge our domestic industrial base. We will probably open foreign markets and break down foreign trade barriers, and ultimately more production at home will mean stronger competition and lower prices for consumers. This will be indeed the golden Age of America.

Speaker 3

It's coming back. We're going to come back very strongly.

Speaker 2

We're pleased to be joined on this momentous occasion by Vice President JD Vance at JD. Thank you, thank you, thank you very mum, are you JD not? That wasn't too hard to find? He was looking, you know, he likes to take a low key attitude and usually he said right in front.

Speaker 3

He's gaining a lot of confidence.

Speaker 2

Mike is and nearly my entire cabinet is here as well as Speaker. Mike Johnson has done an amazing job. And with the great success we had last night in Florida, we have a majority of seven and seven's like a lot. Well we had it at one. Right, You've done a fantastic job. And many of the members of the House and senator with us as senators, Congressman, thank you all for being with us.

Speaker 3

We appreciate it.

Speaker 2

For decades, the United States slash our trade barriers and other countries while those nations placed massive tariffs on our products and created outrageous non monetary barriers to decimate our industries. And in many cases, the non monetary barriers were worse than the monetary ones. They manipulated their currencies, subsidized their exports, stole our intellectual property, imposed exorbitant vat taxes, to disadvantage our products, adopted unfair rules and technical standards, and created

filthy pollution havens. They were absolutely filthy, but they always came to us and they said, we're violating.

Speaker 3

We should pay for it.

Speaker 2

It's all detailed in a very big report by the US Trade Representative on foreign trade barriers.

Speaker 3

And I'll just hold it up for you.

Speaker 2

It's available, and you don't have to pay much. As I understand it, you'll pay nothing. It's a lot of work, a lot of work for something, actually, because it's a special it's a special book. It's very frankly, it's very upsetting when you read it, when you see what people have been doing to us for thirty years. This all happened with no response from the United States of America, none whatsoever.

Speaker 3

But those days are over. Let me offer just.

Speaker 2

A few examples of the vicious attacks workers have faced for so many years. The United States charges other countries only a two point four tariff on motorcycles. Meanwhile, Thailand and others are charging much higher prices like sixty percent, India charges seventy percent, Vietnam charges seventy five percent.

Speaker 3

And others are even higher than that. Likewise, until today.

Speaker 2

The United States has for decades charged a two point five tariff. Think of that two point five percent on forar and made automobiles. The European Union charges US more than ten percent tariffs, and they have twenty percent vats much much higher. India charges seventy percent, and perhaps worst of all, of the non monetary restrictions imposed by southgre in Japan and very many other nations. As a result of these colossal trade barriers, eighty one percent of the

cars in South care are made in South Korea. Ninety four percent of the cars in Japan are made in Japan. Toyota sells one million foreign made automobiles into the United States, and General Motor sells almost none. Ford sells very little. None of our companies are allowed to go into other countries. And I say that friend and foe, and in many cases the friend is worse than the foe in.

Speaker 3

Terms of trade.

Speaker 2

But such horrendous imbalances have devastated our industrial base and put our national security at risk.

Speaker 3

I don't blame these.

Speaker 2

Other countries at all for this calamity. I blame former presidents and past leaders who weren't doing their job. They let it happen, and they let it happen to an extent that nobody can even believe. That's why, effective at midnight, we will impose a twenty five percent tariff for Noll far And made automobiles.

Speaker 3

Thank you, Brian. I'd like to have you come up here for a second.

Speaker 2

Okay, I just see him saying he's been a fan of ours and he understands this business a lot better than the economists, a lot better than anybody.

Speaker 3

Brian, say a few words. Please, would you, thank you, thank you. It's great honor to have you. Thanks, thank you, mister president.

Speaker 4

I grew up just north of Detroit, Michigan and McComb County, known as the home of the Reagan Democrats. My first vote for president was for Ronald Reagan. I thought that was going to be the best president I ever saw in my lifetime until Donald J. Trump came along. I have watched my entire life, I have watched plant after plant after plant in Detroit and in the metro Detroit area close. There are now plants sitting idle. There are now plants that are underutilized. And Donald Trump's policies are

going to bring product back into those underutilized plants. There's gonna be new investment, there's gonna be new plants built. And the UAW members and I brought twenty of them with me, they're sitting.

Speaker 3

Right over here.

Speaker 4

We support Donald Trump's policies on tariffs one hundred percent. So, mister President, we can't thank you enough. And in six months or a year, we're gonna begin to see the benefits. I can't wait to see what's happening three or four years down the road. Thank you, mister president.

Speaker 3

Thank you so much. Thank you what a great He got it right from the beginning.

Speaker 2

He got it before almost anybody else's group over there.

Speaker 3

Got it too.

Speaker 2

And you know, we won the state of Michigan. We won almost all of them, but we won Michigan.

Speaker 3

By a lot. And I want to just thank you.

Speaker 2

All the auto workers were fantastic, the teamsters were fantastic. Everyone who's pretty good. I will tell you, thank you very much. I appreciate it. You're going to be very happy very soon. And you probably see what's happening with all of the not only car companies, but car companies in particular. Say it, with all of the ones they're moving, they're announcing day in day out, you're seeing it. Nobody's

ever seen anything like that. With today's actions, we're also standing up for our great farmers and ranchers who are brutalized by nations all over the world.

Speaker 3

Brutalized. Canada, by the.

Speaker 2

Way, imposes a two hundred and fifty to three hundred percent tariff on many of our dairy products.

Speaker 3

They do the.

Speaker 2

First, the first can of milk, they do the first little carton of milk at at very low price, but after that it gets bad and then it gets up to two hundred and seventy five three hundred percent. So when they're figuring what's Canada charging, they say, oh, about two percent three percent. But take a look at what happens down the road when you look a little bit, it's not a pretty picture. And we don't like it, and it's not fair. It's not fair to our farmers,

it's not fair to our country. And with countries like Canada, you know, we subsidize a lot of countries and keep them going and keep them in business. In the case of Mexico, it's three hundred.

Speaker 3

Billion dollars a year.

Speaker 2

In the case of Canada, it's close to two hundred billion dollars a year, and I say, why are we doing this?

Speaker 3

Why are we doing this?

Speaker 2

I mean, at what point do we say you got to work for yourselves? And you got to This is why we have the big deficits.

Speaker 3

This is why we have that.

Speaker 2

Amount of debt that's been placed on our heads over the last number of years, and we're really not taking it anymore.

Speaker 3

Through non tariff barriers.

Speaker 2

The European Union bands in shorts of most American poultry.

Speaker 3

You understand, they see, we want to.

Speaker 2

Send you our cars, we want to send you everything, but we're not going to take anything that you have. For Australia bands, and they're wonderful people and wonderful everything, but they ban American beef. Yet we imported three billion dollars of Australian beef from.

Speaker 1

Rank for stations along the Sean Hannity Show radio network. We're going to stay with President Trump at the White House announcing Liberation Day and announcing that he is implementing as of midnight tonight, reciprocal tariffs twenty five percent tariff on automobiles that are foreign. He will protect America's ranchers and America's farmers and reciprocal tariffs will be the new policy of the United States. Will continue our coverage for stations along the Sean Hannity Show network from.

Speaker 2

Fifty percent to five hundred and thirteen percent. In Japan, our friend judges a seven hundred percent, but that's because they don't want to selling rice another who can blow name of them, Madam Secretary Agriculture, Great job you did on eggs.

Speaker 3

By the way, the egg.

Speaker 2

Prices came down fifty percent. You got them down fifty percent once we got involved. They were going through the sky, the egg prices. They were going through the sky, and you did a fantastic job. Now we have lots of eggs and they're much cheaper, down about fifty nine percent now,

and they're going down further. We charged two point eight percent for so many things that other countries are charging two hundred percent, three hundred percent, then four hundred percent for If imposing tariffs and protective barriers made nations poor, then every country on Earth would be racing to eliminate these policies, and China would be the first online. They run a very strong country, but they're not first in line. And the American people are paying a very big price.

From seventeen eighty nine to nineteen thirteen, we were a tariff back in the United States. Was proportionately the wealthiest it has ever been. So wealthy, in fact, that in the eighteen eighties they established a commission to decide what they were going to do with the.

Speaker 3

Vast sums of money they were collecting.

Speaker 2

We were collecting so much money so fast, we didn't know what to do with it. Isn't that a nice problem to have? What do you think, Marco? Good problem? Marco would love that problem. But we don't have that problem anymore. But we're not going to have it very much longer, I will tell you. But they collected so much money they actually formed a commission to determine.

Speaker 3

What they were going to do with the money, who they were going to give it to, and how much.

Speaker 2

Then in nineteen thirteen, for reasons unknown to mankind, they established the income tax so that citizens, rather than foreign countries, would start paying the money necessary to run our government. Then in nineteen twenty nine, it all came to a very abrupt end with a great depression, And it would have never happened if they had stayed with the tariff policy.

Speaker 3

It would have been a much different story.

Speaker 2

They tried to bring back tariffs to save our country, but it was gone.

Speaker 3

It was gone.

Speaker 2

It was too late, nothing could have been done. Took years and years to get out of that depression, far longer than even FDR had that office right over there for a long period of time. The ramp system that's rather intricate was built because of him, and every time you walk up, you think of him.

Speaker 3

And he did a great job in many ways.

Speaker 2

But it lasted long beyond his terms, as you know.

Speaker 3

But it's not too late and any longer.

Speaker 2

And we're going to start being smart, and we're going to start being very wealthy again. We're going to be wealthy as a country because they've taken so much of our wealth away from us.

Speaker 3

We're not going to let that happen. We truly can be very wealthy.

Speaker 2

We can be so much wealthier than any country, it's not even believable.

Speaker 3

But we're getting smart. Nearly a century later, in the.

Speaker 2

Face of unrelenting economic warfare, the United States can no longer continue with a policy of unilateral economic surrender.

Speaker 3

We cannot pay.

Speaker 2

The deficits of Canada and Mexico and so many other countries. We used to do it, we can't do it anymore. We take care of countries all over the world. We pay for their military, We pay for everything they have to pay. And then when you want to cut back a little bit, they get upset that you're not taking care of them any longer. But we have to take care of our people. And we're going to take care of our people first. And I'm sorry to say that.

And today we're standing up for the American worker, and we are finally putting America first. In Sleepy Joe Biden's last year in office, the United States hemorrhaged one hundred thousand manufacturing jobs and the number was going through the roof at levels never seen before. And our trade deficit reached a record one point two trillion, which is unheard of. Since the beginning of NAFA, the worst trade deal ever made. It was a horror show. I was able to determine it.

They all said, you'd never be able to get it out. We had to get approval from Congress to get it terminated. We had to live with that deal was the worst deal, worst trade deal ever made by far. But since the very beginning of NAFTA, our country lost ninety thousand factories.

Speaker 3

Think of what that is. Ninety thousand.

Speaker 2

Think about putting a map up and putting texts on. You wouldn't have enough room. Ninety thousand, I said, is that possible? We had it checked four different times and it was actually somewhat higher than that. And five million manufacturing jobs were lost while racking up trade deficits of nineteen trillion dollars.

Speaker 3

That was the worst trade deal ever made.

Speaker 2

As a result of these gigantic losses, foreign nations now owned twenty six trillion dollars more of American assets than American Think of this, than the Americans own of their own foreign assets or other foreign assets. The United States can no longer produce enough antibiotics to treat our sick. We have a tremendous problem. We have to go to foreign countries to treat our sick. If anything ever happened from a war standpoint, we wouldn't be able to do it.

We import virtually all of our computers, phones, televisions, and electronics. We used to dominate the field, and now we import it all from different countries. A single shipyard in China now produces more ships every year than all of the American shipyards combined. Think of that, and it was a business that we used to dominate. We used to dominate it totally. In short, chronic trade deficits are no longer merely an economic problem. They're a national emergency that threatens our security.

Speaker 3

And our very way of life.

Speaker 2

It's a very great threat to our country and for these reasons. Starting tomorrow, the United States will implement reciprocal tariffs on other nations. It's been a long time since we even thought of that. We used to think about it a lot. We didn't think about it for many decades. And you see what's happened.

Speaker 3

For nations that treat us badly.

Speaker 2

We will calculate the combined rate of all their tariffs, non monetary barriers, and other forms of cheating. And because we are being very kind, we're kind people, very kind. You're not so kind when you get ripped off with your salaries. My autoworker friends and my teamster friends, and all of the unions that typically voted Democrat, they're not voting Democrat anymore. Because the worker, whether union or non worker, they're for the Republicans.

Speaker 3

Now, that's what happened.

Speaker 2

But we will charge them approximately half of what they are.

Speaker 1

And infestations along the Sean Hannity Show Radio Network, Liberation Day being announced at the White House with President Trump. We're going to continue our cover through the bottom of the hour break bill O'Reilly at the top of the next Howard, don't forget tesla or contest tannady dot com. Today's ward of the day to register for Today's chance to win is Liberation. We'll continue from the White House President Trump.

Speaker 2

So if you look at that China first row, China, sixty seven percent, that's tariffs charged to the USA, including currency manipulation and trade barriers. So sixty seven percent. I think you can, for the most part see it. Those with good eyes with bad eyes. We didn't want to bring the very windy out here.

Speaker 3

We didn't want to bring out the big charge because it had no chance of standing.

Speaker 2

Fortunately, we came armed with a little smaller charge, so sixty seven percent. So we're going to be charging a discounted reciprocal tariff of thirty four percent.

Speaker 3

I think.

Speaker 2

In other words, they charge us, we charge them. We charged m les. So how can anybody be upset? They will be because we never charge anybody anything but now we're going to charge Union. They're very tough, very very tough traders. You know, you think of European Union, very friendly. They rip us off. It's so sad to see, it's so pathetic. Thirty nine percent. We're gonna charge them twenty percent. So we charge you can potentially have Vietnam. Great negotiators, great people.

Speaker 3

They like me. I like them. The problem is they charge us ninety percent.

Speaker 2

We're gonna charge them forty six percent tariff. Taiwan where they make they took all of our computer chips and semiconductors. We used to be the king, right, we were everything. We had all of it.

Speaker 3

Now we have almost none of it.

Speaker 2

Except the biggest company is coming in they're gonna have We're gonna end up with almost forty percent. Lee Zelden's working to get their approvals and it's an amazing company, mister way of one of the great companies of the world.

Speaker 3

Actually, they're coming in from Taiwan and.

Speaker 2

They're going to build one of the biggest plants in the world, maybe the biggest for that, but sixty four percent, we're going to charge them thirty two percent. Japan very very tough, great people and again, I don't blame the people for doing it.

Speaker 3

It's I think they're very smart in to it.

Speaker 2

I blame the people that sat right in that Oval office, right over there, right behind.

Speaker 3

The resolute desk, whichever deak they chose.

Speaker 2

Japan forty six percent, they would charge us forty six percent, and much higher for certain items like cars, you know, little items like cars, forty six percent, were charging him twenty four percent.

Speaker 3

India very very tough, very very tough.

Speaker 2

The Prime Minister just left, and he's a great friend of mine, but I said, you're a friend of mine, but you're not treating us right.

Speaker 3

They charged us fifty two percent.

Speaker 2

You have to understand, we charge them almost nothing for years and years and decades, and it was only seven years ago when I came in. We started with China charged, and we took in hundreds of billions of dollars from China in tariffs, and they understood. Honestly, Presidency understood. He said, look, I understand, and the other countries and they all understand.

Speaker 3

We're going to have to go.

Speaker 2

Through a little tough love maybe, but they all understand they're ripping us off, and they understood it. Prime Minister of Japan. Shinzo was Shinzo Abbi. He was a fantastic man. He was unfortunately taken from US assassination. But I went to him and I said, Shinzo, we have to do something at trade is not fair. He said, I know that. I know that, and he was a great gentleman. He was a fantastic man. But he understood immediately what I was talking about. I said, Shinzo, we have to do something.

He said, I know that, and we've worked out a deal and it would have been a much better deal. But frankly, there were many years left on the deal that was made previous to my getting there, but it was it was something if you look at Switzerland sixty one percent to thirty one percent, Indonesia, Asia, Cambodi. Who look at Cambodia ninety seven percent, we're.

Speaker 3

Going to bring it down to forty nine.

Speaker 2

They made a fortune with the United States of America, United Kingdom ten percent, and we'll go ten percent.

Speaker 3

So we'll do the same thing.

Speaker 2

South Africa, oh, sixty percent, thirty percent, and they've got some bad things going on in South Africa. You know, we're paying them billions of dollars that we cut the funding because a lot of bad things are happening in South Africa.

Speaker 3

The fake news a ought to be looking at it. They don't want to report it.

Speaker 2

Brazil ten percent, ten percent, Bangladesh is seventy four percent, so you see what's going on. Pakistan fifty eight percent, Sri Lanka eighty eight percent.

Speaker 3

So what we're doing is we're taking not the full.

Speaker 2

We could take the full eighty eight percent. Thanks a lot. He's doing a very good job.

Speaker 3

How's he doing? All right?

Speaker 2

I think you better take it with you. It's not gonna last very long. He's gonna put it. This going to follow you down with the wind. I brought a hat just in case you got too windy. But here would anybody like a hat I'm giving I'm not giving it to a cabinet. I'm giving it to the auto worker's covering.

Speaker 3

Thank you fellas. Yeah, that's it, that's it.

Speaker 2

They deserve it more than our cabinet. Our cabinet has plenty of hats.

Speaker 3

But you see the numbers.

Speaker 2

The numbers are so disproportionate, they're so unfair. At the same time, we will establish a minimum baseline tariff of ten percent. You notice that on the chart and that'll be on other countries to help rebuild our economy and to prevent cheating. So we're gonna have a minimum of cheating, and we're gonna be very severe on the people that at the gate, that watch the tariffs and watch the product coming in, because there's been a lot of a

lot of bad things happening at the gate. Because the money is so annoy ormous that you're talking about, there's never been probably anything like it in terms of the enormity, and there are a lot of bad things happen at the people that do the check in, and they're looking at ten year jail sentences. If they do play, we're going to treat them so good, but if they cheat,

the repercussions are going to be extremely strong. Fig nations will finally be asked to pay for the privilege of access to our market, the biggest market in the world, where right now the biggest market in the world. We had a great country four years ago in terms of the economics. We were doubling up on China. We were doing so well nobody was going to catch us. But so much of it slipped away over the last four years under Biden. I campaigned on this policy throughout last

year and today. That promise was made, and it was also a promise as you know, that was kept. Promise is made, Promises kept. Any company that objects to our common sense reciprocal tariffsing and reciprocal, back and forth, back and forth, and were I call this kind reciprocal. This is not full reciprocal. This is kind reciprocal. But what we do is we cut it in half. We charge them.

My answer is very simple. If they complain, if you want you're tariff right to be zero, then you build your product right here in America because there is no tariff if you build.

Speaker 3

Your plant, your product in America.

Speaker 2

And we've seen companies coming in like we've never seen before. Likewise, to all of the foreign presidents, prime ministers, kings, queens, ambassadors and everyone else who will soon be calling to ask for exemptions from these tariffs, I say, terminate your own tariffs, drop your barriers, don't manipulate your currencies. They manipulate their currencies like nobody can even believe, which is a bad, bad thing and very devastating to us, And start buying.

Speaker 3

Tens of billions of dollars of American.

Speaker 2

Goods tariffs give our country protection against those.

Speaker 3

That would do us economic harm.

Speaker 2

And many people were looking to do us economic harm.

Speaker 3

Maybe not so.

Speaker 2

Obviously, but they were doing tremendous economic harm. But even more importantly, they will give us growth. These tariffs are going to give us growth like you haven't seen before, and it'll be something very special to watch. I am so looking forward and Brian, it's going to happen even faster than you said. You know, you might, you might say, but it's already started. It's already started. Work's already begun on plants all around the country. And you see that

as before. These are big rich companies. We have sixty one billion dollars started on a big plant going up. It's going to be announced over the next two days. And they already started work. Many of these biggest, the biggest companies in the world, they've committed to.

Speaker 3

Build the build to build. We're going to build, build, build, sir.

Speaker 2

And they came here to see me, and they came wanted to know if they could have.

Speaker 3

A press conference. They do as spend as I can.

Speaker 2

I'm pretty busy trying to stop Russia and Ukraine and the Middle East.

Speaker 3

We got to stop that.

Speaker 2

We're going to stop the houtis, which we're making tremendous. They like shooting ships down and out of the water seeking ships.

Speaker 3

They get a kick out of it. But they're not getting such a kick.

Speaker 2

Out of it now, are they, mister Secretary. They're not getting such a kick out of that now. But here are just a short list of some of the companies that have already announced and committed to investment. And this is a company that built its factories and its plants in China. Apple is going to spend five hundred billion dollars.

Speaker 3

They never spent money like that here.

Speaker 2

They're going to build their plants here, Soft Bank, Open Ai, and Oracle great companies are investing five hundred billion dollars.

Speaker 3

Almost immediately.

Speaker 2

Navidia, the hot company, is investing hundreds of billions of dollars. They just announced TSMC, the biggest, most important company in the world of chips from Taiwan with no investment from US, is investing two hundred billion. And they said the reason was number one, the election of November fifth, and number two the tariffs.

Speaker 3

They don't want to pay the tariffs.

Speaker 2

And the way they're not paying it is to build their plan here. So we're going to go from almost no percentage. We used to have one hundred percent of the chip market. Now it's all in Taiwan. Almost all of it's in Taiwan, a couple of other countries, but mostly in Taiwan. And think of it, we had one hundred percent. We lost it because of people in that office that didn't do their job.

Speaker 3

They allowed it to be stolen from us.

Speaker 2

Johnson and Johnson, Great Company fifty five billion dollars, ELI Lilly twenty seven billion, Meta is investing five hundred billion dollars, while de Mac is investing twenty billion, CMA, CGM twenty billion dollars. And then you have Merk and Clariers, Stallanthis, General Motors, Geerospace, Honda and Nissan, Hyundai are all putting in billions and billions of dollars and they're committed one hundred percent. So and we have never had We've never had And this is after.

Speaker 3

Two and a half months.

Speaker 2

This is not this is after just a short This all took place as soon as we came out with what everybody wanted to do.

Speaker 3

You know, I watched The Gentleman Today on television.

Speaker 2

Used to work with Leia Kokova, respected automobile person, and he said, you know, because they're asking people, they try and get as many negative people as they can, but they can't find them too much. It's pretty hard to find in terms of what we're doing, especially when they see all this investment. They said, So tell me, what do you think of what Trump is doing from the automobile standpoint, He said, I can't believe it. Somebody is finally he's an older guy, real pro, really top guy.

With Lee Ayakok said, I never thought i'd see the day when this would happen, where somebody had the courage to go and do what has to be done.

Speaker 3

This is transforming our nation.

Speaker 2

Our entire nation is going to be transformed, not only with the cars, but on every single other item that's built. We're going to become an industrial powerhouse. And he said that so beautifully. Today is in fact, I'm going to find out. I'm going to get a tape and Bruce, I'm going to get that tape and I'm going to send it to you out in Long Island and you're going to play it for the people and all your union workers and your non union workers out there. You

got a pretty even split. But we have so far it looks like we're going to have about six trillion dollars of investments, and you wouldn't do that in years in this country over the last number of years. Six trillion dollars and that's going to be much higher by the end of the year. And think of what six trillion dollars is. You wouldn't have even a small percentage of that under this the system.

Speaker 3

We're going to be an.

Speaker 2

Entirely different country, and it's going to be fantastic for the workers, it's going to be fantastic for everyone. There will never have been a transformation of a country like the transformation that's already happening in the United States of America. It's an incredible thing to watch, and it's incredible to meet with the top people, people that you read about, very wealthy people, or people that are great managers and executives and presidents of big public companies, and to watch

the enthusiasm they have now that they didn't have. They gave up on our country. They went to foreign countries and they built companies are pouring into our country at levels never seen before, with jobs and money to follow.

Speaker 3

And it's really beautiful.

Speaker 2

In the coming days, there will be complaints from the globalists and the outsources and special interests and the fake newsways fake news will always complain, but never forget. Every prediction our opponent's made about trade for the last thirty years has been proven totally wrong. Wrong about NAFTA, they were wrong about China. They were wrong about the Transpecific Partnership, which would have been a disaster if I didn't terminate it. If I didn't turn that terminate that United Auto Workers,

you would have had no jobs in this country. You would have had no jobs.

Speaker 3

I was all going to other countries in my first term.

Speaker 2

They said tariffs would crash the economy. Instead we built the greatest economy in the history of the world. And again, I have great respect for presidency of China, great respect for China. But they were taking tremendous advantage of them of us, and I commend them for that. I say, hey, if you can get away with it, that's okay. But you know, they understand exactly what's happening. And they probably most of them are saying it's about time they did something.

But and they're gonna fight, They're gonna fight for.

Speaker 3

Everyone's going to fight.

Speaker 2

You know. It's like I say to the leaders, Look, you got to take care of your country, but we have to start taking care of our country now. We can't do what we've been doing for the last fifty years.

Speaker 3

From the day of my election.

Speaker 2

The stock market went up in my first term eighty eight percent, with NaSTA going up one hundred and fifty five percent, more than any president has ever had in any term in office by far. And I think we're going to blow that away. And maybe the numbers won't show, but I think they're going to show much better than even those numbers. But what you're going to see is you're going to see activity that empty dead sites, factories

that are falling down. Those factories will be knocked down and they're going to have brand new factories built in that place. And not only talking about renovating, they're talking about brand new, the best anywhere in the world, the biggest anywhere in the world. Have a friend who bills car plants, and I said, I want to see the biggest and the best.

Speaker 3

He said, well, we have to go to Mexico. I said, Now, I want to see it in the United States. He said, we're not building them in there. This is a year and a half ago.

Speaker 2

During the campaign he said, we're not you'd have to go to Mexico. When I was starting to decide to run, and I went to number one in the polls very rapidly. I want to say, I want to like, let's say, in the first in the first hour, and then shortly thereafter it looked like I was going to win, and the fake news were saying, oh, no, don't do this. What they don't know is if I didn't win, they would have really been in trouble because nobody wants to

read them anyway. But I tell you what, when I when it looked like I was going to win, I announced that I was going to be doing exactly what we're talking about today.

Speaker 3

Great consistency actually because I've.

Speaker 2

Been talking about it for forty years, but because I saw what was happening forty years ago.

Speaker 3

If you look at my old speeches when I.

Speaker 2

Was young, very handsome, my old speeches, and that people would say I'd be on a television show, I'd be talking about how we were being ripped off by these countries.

Speaker 3

I mean, nothing changes very much.

Speaker 2

The only thing the change were the countries, but nothing really changes. But you know it's so I said, an honor. It's such an honor to be finally able to do this. If you look at China, I took in hundreds of billions of dollars in my term, hundreds of billions. They never paid ten cents to any other president, and yet they paid hundreds of billions, so much so that Biden couldn't do anything. They wanted to try and terminate it because he had a very special relationship with China.

Speaker 3

You know what the relationship was. He had a special.

Speaker 2

Election, but the numbers were so big, the numbers were so big that they couldn't do it.

Speaker 3

So they did ease it up. They did things that they shouldn't have done.

Speaker 2

They made it a lot more comfortable for them, but they couldn't do it because the numbers were hundreds of billions of dollars. And I did that, and we were on our way to doing something like incredible, and that we had a very bad election.

Speaker 3

Happened, very bad election. A lot of bad things happened.

Speaker 2

So when I said we're going to do it again, I said, we have to make it too big to rig. And we made it too big to rig and we won in records and it was a monumental win. And it was such an honor to see so many of you, like Brian and your friends here with us to celebrate, and to more importantly celebrate what we're doing, because that wouldn't be a full celebration if we didn't do this, Because this will be an entirely different country in a short period of time. It'll be something the whole world

will be talking about it. The critics made the very tired predictions earlier this year, but in February, core inflation dropped to the lowest rate in four years, and the price of eggs, as you know, just in.

Speaker 3

A couple of in a month and a half.

Speaker 2

We were there for four weeks, and the first week I got blamed for eggs.

Speaker 3

I said, I just got here. They said eggs have gone.

Speaker 2

Up at like two hundred and fifty percent and you can't get eggs, and they were going crazy, and I said, I just got here. And then we got to work on eggs, and we got to work on everything in our great Secretary of Agriculture, you did a fantastic job, Brooke Rollins, you did a fantastic job. And as I said before, the price of eggs drop now fifty nine percent and they're going down more and the availability is fantastic. They were saying that for Easter, please don't use eggs,

could you use plastic eggs? I said, we don't want to do that. We want to and you really came through. It's an amazing job. Thank you very much, Brooke. You did great. But likewise, an old fashioned term that we use, groceries, I used it in the campaign.

Speaker 3

It's such an old fashioned term, but a beautiful term. Groceries.

Speaker 2

It so it says a bag with different things that it. Groceries went through the roof and I campaigned on that. I talked about the word groceries for a lot. And energy costs now are down, groceries are down, Gasoline is way under three dollars, and people are beginning to be able to buy things and live again. We brought prices way down. We created ten thousand already in a few weeks new manufacturing jobs, and it was that took place in one month, numbers that they haven't seen in a

long time. We had virtually no inflation under my term. We had virtually no inflation for four years. But after transitioning over to Sleepy Joe, it went from almost nonexistent to the highest in the history of our country. They're the highest inflation and the history of our country, brought up by energy and bad spending and bad policy, and

a lot of bad things happened. How about allowing millions and millions and millions of people to pour into our country with open borders where the it's so sad to see even now, and I see our great Secretary of you have done. Stand up, please, Christy, stand up, Christie Home and Tom Homan.

Speaker 3

These the people are doing a great job, but gotten them out.

Speaker 1

In records sor right for stations along the Sean Hannity Show Radio network. We will continue our live coverage. President Trump announcing Liberation Day tariffs now ten percent minimum baseline, thirty four percent on China, twenty percent on the EU, twenty five percent tariff on all foreign automobiles, incentives to buy American cars. He's had some very funny lines in there. This is going to be the industrial revolution. Our destiny

will be reclaimed. We will make America wealthy again. Foreign leaders have taken advantage of US scavengers. He referred to them and they've ripped us off the last fifty years, and he's signing an executive order of reciprocal tariffs, and the days of America being taken advantage of are over. This is our declaration of economic independence and we will no longer We can no longer unilaterally economically surrender.

Speaker 4

Wow.

Speaker 1

Powerful remarks, and this will have a powerful impact on the industrial strength of America moving forward in the golden age of America is coming back and lower prices for American citizens on all goods. We're going to continue our coverage through the top of the hour. Don't forget on Hannity dot com. You can register every day now through April the eleventh to winter free Tesla, by the way,

the most American made car. Just go to Hannity dot com click on the test likon now through April the eleventh. Once a day you can register. Today's word of the day is liberation. Our appropriate back to the White House and President Trump. Bill O'Reilly at the top of the hour to go out.

Speaker 3

They want them to even be brought back. Let's bring them back.

Speaker 2

You've done a fantastic job, and please thank everybody, Homeland Security, thank everybody, appreciate it, and we now have a border that's the best border that we've ever had, even better than it was my first term. My first term we did good, but this one we really specialized and we've done really well. And we had records then we had with the best safest border four years ago, with the best border there ever was, and now we have you've actually matched it and done even better.

Speaker 3

And we're going to get it down the right way.

Speaker 2

And we want people, by the way, to come into our country, but we want to come in through a legal process.

Speaker 3

We want them to come in legally. We need more people.

Speaker 2

We need people to run these plants and to help the ODA workers and the teamsters and the non union people and everybody else.

Speaker 3

But we need people on the farmers.

Speaker 2

And we're going to let people come in, but they want to come in, we want them to come in legally. They have to have the capability of loving our country. Not people that hate our country. We don't want them in our country. And now we're going to pass the largest tax cuts in American history, and.

Speaker 3

That's where we're relying on Mike and John Thune.

Speaker 2

And we will not cut Social Security, Medicare, or Medicaid benefits, and the Democrats will because if they got in, the entire economy would collapse.

Speaker 3

This country is heading for a collapse.

Speaker 2

Under the people that you saw, they were horrible. I think one of the reasons people liked the job I have my highest approval is because I think they're comparing me to the worst administration in the history of our country. So I appreciate that at least. But Speaker of the House Mike Johnson and Senate Majority Leader appreciate it. Mike john Thune have been fantastic, by the way, but they've been working tirelessly on taking the next step to pass

the plan for our one big, beautiful bill. I'd like to name it that if you can one big I made that statement about six months ago, and everybody calls it one big beautiful bill, and it will be that. It'll have everything, the big tax cuts and every incentive there is, and it'll be uh fantastic. And by the way, for the cars, we're asking for an interest deduction on the loan. So if you build the car only in America,

we do it, Brian. If the car's not built in America, you don't get the interest rate deduction.

Speaker 3

But if you build the car in America.

Speaker 2

If you buy a car, if it's built in America, then you get an interest rate deduction, tax deduction. And that's a big thing. It's going to be a big thing. I think that's going to pay for itself very quickly. That deduction never happened. We've never had anything like that before. Somebody said, way, do you get the idea? Because it's so basic. You would think that would have happened a long time ago. It never did, and I'm very happy it didn't because now I can say that was my idea.

But we're going to get us closer to the debt extension.

Speaker 3

We have to get the debt extension.

Speaker 2

Passed, and I know you're going to be able to do that, Mike, and it's very important that you do that and all of the other things that the Senate Budget Plan gives us along with working because I know they're working together, John and Mike, and the two bills are going very well together. We need to get our shared priorities done, including certain permanent tax cuts. We want the tax cuts to be permanent, spending cuts, energy and historic investments in defense, border, and so much more.

Speaker 3

We're covering everything these will be phenomenal. There'll be no bill like this.

Speaker 2

It's going to straighten one bill is going to straighten out our country for many, many years to come. And we said, let's just do it, and let's get it done. And some guys will love it, and some guys will like it a little bit less because they're not getting what they were exactly looking for, but they're getting a lot.

Speaker 3

They'll never If we.

Speaker 2

Get this done, it'll be the most incredible bill ever passed in the history of our Congress and Senate and congressmen. The senators and the congressmen, many of whom we're here today, will be very proud of themselves. I really believe that it's going to set us on a whole new prosperous path. We're going to cut spending and right size the budget back to where it should be.

Speaker 3

We're going to do that very strongly. Thank you, Thank you, John, thank you.

Speaker 2

Oh look at all of our senators over. Oh boy, that's a nice group of people, but I won't like them so much if they don't get this bill done out.

Speaker 3

That's a great group.

Speaker 2

And Congressman, thank you very much. I appreciate tremendous people. The Senate plan is my complete and total support, and the House plan likewise is very similar.

Speaker 3

They're moving along pretty much at the same clip.

Speaker 2

And as soon as you're ready, you'll show it to me, and I'm sure it'll have my support. Monk, every Republican Congressman and senator must unify. We have to unify. We can't be separated. We have to get it done. We have to get absolutely everything we can, and we have to take care of the American people. That's the only thing that matters. We have to take care of the American people first. We need to pass this bill immediately,

get it done, including debt extension. From this day on, We're not going to let anyone tell us that American workers and families cannot have the future that they deserve. We're going to produce the cars and ships, chips, airplanes, minerals, and medicines that we need right here in America. The pharmaceutical companies are going to become roaring back.

Speaker 3

They're coming roaring back. They're all coming.

Speaker 2

Back to our country because if they don't, they got a big tax to pay. And if they do, I'll be very happy, and You're going to be very happy and you're going to be very safe. We're going to build our future with American hands, with American heart, American steel, and we're going to build it with American pride like

we used to. We're approaching our one hundredth day as president and have been given credit by a lot of people, actually even some of the fake news, can you believe it, which in this case hopefully isn't fake, for.

Speaker 3

Having done more in that time than any.

Speaker 2

Other administration in the history of our country. In the first one hundred days, I think we've had an amazing in terms of what we've done, what we've gotten accomplished to see if we can get that war end and another war from not starting in the Middle East.

Speaker 3

We have to get Russia.

Speaker 2

They're losing two thousand, on average, two thousand five hundred people of the day, young people, soldiers Russian to think of that, two thousand five hundred through some days, but on average, probably over about it.

Speaker 3

All right.

Speaker 1

President Trump on what he's calling Liberation Day, announcing a series of tariffs he is now implementing around the country. He's calling it reciprocal tariffs, thirty four percent on China, twenty percent on the EU, a minimum baseline of ten percent twenty five percent tariffs on all automobiles. He talked about fairness for manufacturers, factories, auto workers, farmers, ranchers. How we have been pretty much a sucker nation, as I've

been saying. Now the President has moved on to other issues. He's talked about this being America reclaiming its destiny, making America rich again. This is an industrial revolution that he's leading and the declaration of economic independence. We're gonna get reaction to this, and Bill Maher and his dinner with Donald Trump. We'll check in with Bill O'Reilly next and your calls eight hundred and ninety four one, Shawn

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