March 27, 2025 - Bannon's War Room
54:53
Participants
| 
| Speaker | Time | Text |
|---|---|---|
|
unidentified
|
Kaitlin's having a rough couple of 72 hours. | |
| Dissed and dismissed. | ||
| I got a question, Bowling. | ||
| You know our guy Pete Hex is better than anybody. | ||
| Is Pete going to back up one inch from these guys? | ||
|
unidentified
|
No. No, Pete is a great guy. | |
| Pete is doing a great job. | ||
| If you listen and watch some of the things he's doing right now, he's doing that no one's done before. | ||
| He knows it. | ||
| He lived it. | ||
| What a wonderful guy. | ||
| They better not. | ||
| They just better back off Pete Hegseth. | ||
| They'll be very, very sorry if they do. | ||
| I think he survives. | ||
| Eric, I think all of us are very proud of the fact of all the work people did to get Pete Hegseth confirmed. | ||
| It's paid off. | ||
| Many fold already. | ||
| Great man. | ||
|
unidentified
|
Yes, sir. | |
| Eric Poling. | ||
| And by the way, Mad Dog got great clips, great polls. | ||
| Caroline Love was fantastic. | ||
| Dis and dismiss. | ||
|
unidentified
|
We'll send it to you. | |
| We'll send it to you. | ||
| We'll send it to Cameron and Collins. | ||
|
unidentified
|
All right, brother. | |
| See you soon. | ||
| Thank you. | ||
| Thank you, brother. | ||
|
unidentified
|
See you. | |
| Okay, we got MTG at the White House. | ||
| We're going to do a compression today. | ||
| It's full-on attack on multiple fronts against President Trump and his team from the federal courts. | ||
| And we just heard the federal court, the appellate court in Washington, D.C., refuse to remove, what is it, Bosberg? | ||
| Let's play the cold open. | ||
| We're going to go to the White House. | ||
| Marjorie Taylor Greene is with us. | ||
| Let's go. | ||
|
unidentified
|
This morning we learned that the signal chat included the following update, forward-looking update from the Secretary of Defense. | |
| Time now. | ||
| 11.44 Eastern Time. | ||
| Weather is favorable. | ||
| Just confirmed with CENTCOM. | ||
| We are go for mission launch. | ||
| 12.15 Eastern Time. | ||
| F-18 launch. | ||
| First strike package. | ||
| 13.45. | ||
| Trigger-based F-18. | ||
| First strike window starts. | ||
| Target terrorist is at his known location, so should be on time. | ||
| Also, strike drones launch. | ||
| MQ-9s. | ||
| 14.10. | ||
| More F-18s launch. | ||
| Second strike package. | ||
| Do either of the directors want to reflect on their testimony yesterday in the context of what I just read? | ||
| Sure. One, I was not on that signal chat. | ||
| Two, I have not reviewed it. | ||
| And three, as you just indicated, that was made public this morning. | ||
| But, Director, you didn't, prior to yesterday, you were on the signal chat, correct? | ||
| No. Okay, but did you review the material on the signal chat? | ||
| No, I wasn't on it. | ||
| Director Gabbard? | ||
| Yes, Ranking Member. | ||
| My answer yesterday was based on my recollection or the lack thereof on the details that were posted there. | ||
| I was not, and what was shared today reflects the fact that I was not directly involved with that part of the signal chat and replied at the end reflecting the effects, the very brief effects that the National Security Advisor had shared. | ||
|
unidentified
|
You've reasserted that there was no classified information. | |
| I think we can all agree that that information shouldn't have been out there. | ||
| But let me ask you this. | ||
| Are you familiar with the ODNI's classification guidance? | ||
| I'm familiar with it. | ||
|
unidentified
|
I've actually got a copy right here. | |
| If I read you a part of that guidance, I wonder if you could tell me what the level of classification indicated is. | ||
| I'm reading from your classification guidance. | ||
| Criteria is information providing indication or advance warning that the U.S. or its allies are preparing an attack. | ||
| Do you recall what your own guidance would suggest that that be classified? | ||
| I don't have the specifics in front of me, but it would point to what was shared would fall under the DOD's classification system. | ||
| And the Secretary of Defense's authority to determine what is classified and what is not. | ||
|
unidentified
|
I guess you don't have it, but information providing, and this is the ODNI guidance, information providing indication or advance warning that the U.S. or its allies are preparing an attack should be classified as top secret. | |
| Just piggybacking off of what some other members have said, using the DOD's manual, as well as the executive order in operation today with the Trump administration, This text message is clearly classified information. | ||
| Secretary Hegseth has disclosed military plans as well as classified information. | ||
| He needs to resign immediately. | ||
| He needs to resign immediately, and a full investigation needs to be undertaken with regard to whether other similar signal chats are occurring in this administration. | ||
| Unfortunately, all of this good is happening for our country. | ||
| This administration is working hard on behalf of the American public every day. | ||
| But the mainstream media continues to be focused on a sensationalized story from the failing Atlantic magazine that is falling apart by the hour. | ||
| Here are the facts. | ||
| The National Security Advisor has taken responsibility for this matter, and the National Security Council immediately said, alongside the White House Counsel's office, that they are looking into how a reporter's number was inadvertently added to this messaging thread. | ||
| We have said all along that no classified material was sent on this messaging thread. | ||
| There were no locations, no sources or methods revealed, and there were certainly no war plans discussed. | ||
|
unidentified
|
Nobody is willing to come to us and say this was wrong. | |
| This was a breach of security and we won't do it again. | ||
| It is outrageous and it is a leadership failure and that's why Secretary Hegseth, who undoubtedly transmitted classified sensitive operational information via this chain, must resign immediately. | ||
| There can be no fixes. | ||
| There can be no corrections until there is accountability, and I'm calling on the administration to move forward with accountability. | ||
| I yield back. | ||
| One on a follow-up on something you just said, but since we have these messages released and you said that the president has now personally reviewed them, at the chat at one point, Pete Hexed wrote, 1415 strike drones on target, and in all caps, he said, this is when the first bombs will definitely drop. | ||
| Does the president feel that he was misled by his national security advisors, whoever it was that told him there was no classified information in there, now that he's seen these messages? | ||
| I've now been asked and answered this question three times by the both of you, and I've given you my answer. | ||
| The president feels the same today as he did yesterday. | ||
| Sorry, I might follow up on what you had just said. | ||
| Go ahead, Philip. | ||
| Caitlin, I'm not taking your follow-up. | ||
| I have a follow-up on something you just said, though, Caroline. | ||
| Caitlin, I'm not taking your follow-up. | ||
| Philip, go ahead. | ||
|
unidentified
|
And so, if you, as the DN... | |
| Thank you for your question, Congresswoman. In this situation... | ||
| Secretary Hegseth has the classification and declassification authority over DOD information. | ||
|
unidentified
|
This chat did not have the auspice of being a DOD chat. | |
| There's no such thing as labeling it as DOD. | ||
| A great variety of people, and you, according to our law that we passed here bipartisanly, have an obligation when you think there has been a tangible, significant leak of information to instigate an investigation. | ||
| Do you not think it's important to do such a thing? | ||
| The National Security Council is investigating this inadvertent leak. | ||
| And again, I point to Secretary Hegseth as having the classification of the classification authority. | ||
|
unidentified
|
I would argue that Secretary Hegseth, if he had the dignity that he needs to have, should be walking his resignation in because I believe that his probably is heading toward being relieved of his duty based on what I think are significant and illegal leaks most likely. | |
| Very successful. | ||
|
unidentified
|
Is it classified, the information? | |
| Well, the Pentagon says it was not. | ||
| And not only did they say it was not, they make very clear that it didn't put in danger anyone's life or the mission. | ||
| There was no intelligence information. | ||
| And understand, when this survey first broke, they were sort of alluding to, were there war maps? | ||
| There was no war plans on there. | ||
| This was a sort of description of what we could inform our... | ||
| Our counterparts around the world when the time came to do so. | ||
|
unidentified
|
Ultimately, the buck stops with the President of the United States of America, which is why I made clear to President Trump yesterday in my correspondence that the Secretary of Defense should be fired immediately if he's not man enough to own up to his mistakes and resign in disgrace. | |
| Additionally, the main person who was involved in this thread that a lot of people want to talk to is Secretary of Defense Hegseth. | ||
| And a lot of questions were brought up regarding his drinking habits and his confirmation hearing. | ||
| To your knowledge, do you know whether Pete Hegseth had been drinking before he leaked classified information? | ||
| I don't have any knowledge of Secretary Hegseth's personal habits. | ||
|
unidentified
|
Director Radcliffe, same question. | |
| Yes or no? | ||
| You know, no, I'm going to answer that. | ||
| I think that's an offensive line of questioning. | ||
| The answer is no. | ||
| I find it interesting that you want to... | ||
| Hey, I yield back. | ||
| This is my time. | ||
| You asked me a question. | ||
| You want an answer? | ||
| No, listen, it's a yes or no. | ||
| You don't want to focus on the good work that the CIA is doing, that the intelligence community... | ||
| Director, I reclaim my time. | ||
| Director, I reclaim my time. | ||
| Here... I have... | ||
| Huge respect for the CIA. | ||
| Huge respect for men and women in uniform. | ||
| But this was a question that's on the top of minds of every American. | ||
| This is what we're here to do. | ||
| Nobody's texting war plans. | ||
| I noticed this morning out came something that doesn't look like war plans. | ||
| And as a matter of fact, they even changed the title to attack plans because they know it's not war plans. | ||
| There's no units, no locations, no routes, no flight paths, no sources, no methods, no classified information. | ||
|
unidentified
|
You know who sees war plans? | |
| I see them. | ||
| Every single day. | ||
| It's breaking right now. | ||
| There's a lawsuit on SignalGate that a leftist group called American Oversight has already filed. | ||
| And guess who the judge is? | ||
| That's been appointed to oversee the case. | ||
| It's Bozberg, the same judge that we've been talking about for the last two weeks. | ||
| This whole thing is they are at war with President Trump and everyone in the White House from Carolyn Levitt. | ||
| To Susie Wiles, on down, everyone else in there needs to understand that we are at war with these radical left psychopaths and these establishment media people. | ||
| The NBC News, Fox News, CBS News, they are not your friends. | ||
| Wake up! | ||
| They are not your friends. | ||
| They want to take down the president. | ||
|
unidentified
|
We've all worked together before. | |
| And recent events notwithstanding, we need you to succeed. | ||
| Your people and our safety requires you to succeed. | ||
| I really hope you do. | ||
| But let me say now that if some over-caffeinated 20-year-old succeeds in firing your linguists or your mathematicians or your paramilitary officers, if you shut down some unit because Steve Bannon or Seb Gorka doesn't like it, America will be less safe. | ||
| And people will get hurt. | ||
| And I and this committee and history will be very unkind. | ||
| Wednesday, 26th, March, Year of the Lord 2025. | ||
| Himes, you be as unkind as you want. | ||
| We could care less. | ||
| We want to bring in Congressman Marjorie Taylor Greene of Georgia. | ||
| Congressman Greene, we cut in between the House Intelligence and your committee today. | ||
| We'll play your highlight reel in the second hour of the show. | ||
| But I like your assessment. | ||
| Right now, there's obviously a big focus on taking out Pete Hegseth. | ||
| Ma'am, your thoughts? | ||
| Well, it's the same old Democrat play, right? | ||
| Repeat the lie enough times and somehow they make it truth. | ||
| And that's what we just heard over and over again. | ||
| There was no classified information shared. | ||
| There was no major breach of national security. | ||
| But the Democrats and their friends and the mouthpiece of the Democrat Party, the media, are going to repeat the lie over and over again. | ||
| So it's like Russia collusion lies 2.0. | ||
| Same playbook. | ||
| It's not going to sell, Steve. | ||
| The truth that we saw in those chats was I saw a vice president that I'm proud of, and I saw a secretary of defense that I'm proud of. | ||
| They weren't rushing off into another foreign war, and they were diligently and carefully talking about this. | ||
| I didn't see any classified information, and no matter how many times they lie, this one isn't going to stick. | ||
| You're very close to the president. | ||
| Are we under a no-scalps policy, ma'am? | ||
| We've got about 30 seconds. | ||
| We're going to hold you through the break. | ||
| Is this no-scalps? | ||
| This is no-scalps. | ||
| We are not holding back. | ||
| We do not care. | ||
| We will accomplish our agenda. | ||
| President Trump is committed, and there is nothing that is going to stop him. | ||
| Congressman Green, if you could hang on for a moment at the White House. | ||
| It's a short commercial break. | ||
| When we come back... | ||
| We're going to talk to Congressman Marjorie Taylor Greene about a hearing today on NPR and PBS chaired by her at the Doge Oversight Committee. | ||
| It was just barely less intense than the House Intelligence. | ||
| It was on fire. | ||
| Short commercial break. | ||
| Take your phone out right now. | ||
| Text Bannon, B-A-N-N-O-N, at 989898. | ||
| Get the ultimate guide. | ||
| From Birch Gold. | ||
| For purchasing gold in the era of Trump, it will teach you everything you need to know. | ||
| Short commercial break. | ||
| Johnny Kahn, who will be live in the second hour, will take us out with the Tea Party anthem, American Heart. | ||
| back at the White House with Congressman Marjorie Taylor Greene in just a moment. | ||
|
unidentified
|
Music playing. | |
| Here's your host, Stephen K. Vance. | ||
| you you Friend and foe. | ||
| And frankly, friend has been oftentimes much worse than foe. | ||
| And this is very modest. | ||
| What we're going to be doing is a 25% tariff on all cars that are not made in the United States. | ||
| If they're made in the United States, there's absolutely no tariff. | ||
| We started off with a 2.5% base, which is what we were at, and we go to 25%. | ||
| And basically, as you know, and as you've been seeing, not reporting as accurately as it should be reported, because it's a massive story. | ||
| Business is coming back to the United States so that they don't have to pay tariffs. | ||
| And I think also because of November 5th, the election, they're very happy. | ||
| AI is coming back to levels that nobody's ever seen before. | ||
| It's sort of a new business, I guess, when you think about it. | ||
| But plans are going up all over the United States, and many of them have already been started. | ||
| We're getting early electricity taken care of. | ||
| We're getting permits very quickly for them. | ||
| And we're going to make their life very happy. | ||
| They're coming in with tens of billions of dollars. | ||
| Individual plants will cost 10, 15, 20 billion dollars. | ||
| We're going to let them build electricity generating plants along with their plant. | ||
| And they can't even believe it. | ||
| And we're going to get them very quick permits, as I've done always. | ||
| I did that in Louisiana with two LNG plants. | ||
| I got one permit in one day after waiting 14 years and the other one in one week after waiting. | ||
| For 12 years. | ||
| But this is very exciting to me. | ||
| This is the automobile industry, and this will continue to spur growth like you haven't seen. | ||
| Before I was elected, we were losing all of our plants that were being built in Mexico and Canada and other places. | ||
| Now those plants largely have stopped, and they're moving them to our country. | ||
| And Indiana, the great state of Indiana, I love Indiana. | ||
| Honda is building one of the biggest plants anywhere. | ||
| And they've just started. | ||
| They wouldn't have done it without this. | ||
| In all cases, they wouldn't have done it without what we're doing. | ||
| So we'll effectively be charging a 25% tariff. | ||
| But if you build your car in the United States, there is no tariff. | ||
| And what that means is a lot of foreign car companies, a lot of companies are going to be in great shape because they've already built their plant. | ||
| But their plants are underutilized, so they'll be able to expand them inexpensively and quickly. | ||
| But others will come into our country and build, and they're already looking for sites. | ||
| They're looking for mostly sites. | ||
| They don't want to take the old buildings that are empty and falling down. | ||
| They want to build new. | ||
| And there's tremendous action. | ||
| There is likewise for other companies and countries like the chip-making process. | ||
| Your chip bill was a disaster done by Biden. | ||
| All he does is give tremendous amounts of billions of dollars to chip companies. | ||
| That will do nothing with the money. | ||
| They're not going to use the money here. | ||
| They're going to just keep it. | ||
| They have plenty of money. | ||
| The one thing they have is they have a lot of money. | ||
| In our case, all we're doing is saying you can't come in unless you build here. | ||
| And the largest chip company by far is manufactured from Taiwan, is building here. | ||
| And it'll give us almost 40% of the chip market just with that. | ||
| They're spending... | ||
| Almost $200 billion in the United States to build a plant. | ||
| And they've almost started. | ||
| They'll be doing much of the work in Arizona. | ||
| So we have a lot of exciting things. | ||
| But to me, this is one of the most exciting. | ||
| Now, outside of one specific day, and that's Liberation Day. | ||
| That's the real Liberation Day of America. | ||
| And that's going to be in April 2nd. | ||
| And I look forward to it. | ||
| We'll have a little news conference. | ||
| We'll talk about it. | ||
| But this is very exciting. | ||
| So we're signing a... | ||
| Executive order today that's going to lead to tremendous growth in the automobile industry. | ||
| As you know, the electric mandate that we did allows you to buy a car now electric or gasoline-powered or hybrid. | ||
| You can buy any car you want. | ||
| We had it so that within a short period of time you had to buy all electric. | ||
| And the country could never get... | ||
|
unidentified
|
They could never provide the... | |
| Money necessary to build all of those power plants that you would need all over the country. | ||
| As you know, in the Middle West, they built eight power stations. | ||
| That's like the size of this desk or smaller. | ||
| And they ended up spending nine billion dollars on eight. | ||
|
unidentified
|
And of the eight, four of them didn't work. | |
| And we're not doing that. | ||
| So you can buy electric or you can buy gasoline. | ||
| Or you can buy hybrid, or you can buy whatever you want to buy, and that's the way it should be. | ||
| The market's going to determine that, and you're going to see prices going down, but it's going to go down specifically because they're going to buy what we're doing, incentivizing companies to, and even countries, but companies to come into America and build, and we're already setting records for new plants. | ||
| I think the new plant number, the tally, is just within a period of a few weeks. | ||
| It's very large. | ||
| I want to be accurate. | ||
| It's very large. | ||
| And I'd like to ask Will just to come and give some of the basics, and then I'll sign it, and it's off to the races. | ||
| I think our automobile business will flourish like it's never flourished before. | ||
| Yes, please, Will. | ||
|
unidentified
|
Thank you, sir. | |
| As you stated, we've prepared for your attention a proclamation imposing a 25% tariff on foreign-made cars and light trucks. | ||
| This is in addition to tariffs that are already in place on those goods. | ||
| In addition to, as you said, spurring increased domestic manufacture of cars and trucks, we expect that these tariffs will result in over $100 billion of new annual revenue to the United States of America in tariff revenue. | ||
| I think ultimately we could probably anywhere from $600 billion to $1 trillion will be taken in over the relatively short-term period, meaning... | ||
| A year from now, but starting right away, starting right away, I think we'll go from 600 to a trillion within two years. | ||
| And I think we'll be very, I mean, right from the beginning, we're going to be at a very high number, right from the beginning. | ||
| And right from the beginning, you're going to have a lot of construction jobs, but you're also going to have a lot of automobile jobs. | ||
| So this is very exciting, but it's also exciting because of... | ||
| What's happening with other aspects? | ||
| We're going to be doing tariffs on pharmaceuticals in order to bring our pharmaceutical industry back. | ||
| We don't make anything here in terms of drugs, medical drugs, different types of drugs that you need, medicines. | ||
| It's in other countries, largely made in China, a lot of it made in Ireland. | ||
| Ireland was very smart. | ||
| We love Ireland. | ||
| But we're going to have that. | ||
| We're going to have lumber. | ||
| We're going to free up some of our land. | ||
| And you'll be able to meet a lot of other standards, like fire cuts. | ||
| If Los Angeles had fire cuts, which they didn't have, that's a gap of half a football field between areas. | ||
| You wouldn't have had the fires. | ||
| They would have been contained. | ||
| But you have fire cuts. | ||
| And by the way, you sell that wood for a lot of money, a lot of profit. | ||
| It's made from that. | ||
| We're going to be doing lumber. | ||
| We're freeing up our land so that people can, so that we don't have to use outside sources of lumber. | ||
| Energy we're doing fantastically well at. | ||
| You know, the energy prices have been coming down rapidly as we increase supply, and we've already done that. | ||
| Chris and Doug are doing a fantastic job in that. | ||
| That's Department of Energy and Department of Interior. | ||
| And they're working together hand in hand because interior has the land and energy has... | ||
| The ability to do the drilling and do what they have to do. | ||
| Our coal areas are going to be opened up for clean, beautiful coal. | ||
| Germany is opening up many coal plants now. | ||
| You know, they tried the wind and it didn't work. | ||
| They almost went out of business. | ||
| They almost went bankrupt. | ||
| They tried wind, which is a disaster because it's too expensive and it doesn't look good. | ||
| It kills all the birds. | ||
| A lot of problems. | ||
| But Germany is now building a lot of coal plants. | ||
| China is building one a week. | ||
| Think of that. | ||
| And they're using coal, which is very powerful. | ||
| Coal is a very powerful energy. | ||
| And we're opening up our coal mines again, and we're going to do, I call it beautiful clean coal. | ||
| The technology is so good now that coal can give you tremendous power at the same time. | ||
| It can be very clean. | ||
| But we're also obviously doing oil and gas and various other things. | ||
| You can do pretty much whatever you want. | ||
| We don't like the wind because we think it ruins the landscapes, the plains, ruins them. | ||
| And it's got a lot of problems. | ||
| It's also the most, by far, the most expensive energy. | ||
| It looks horrible in the oceans. | ||
| It's dangerous in the oceans in terms of navigation. | ||
| And if you look at what's happening with whales, you know, in one area, they lost two whales, like in 20 years, washed ashore. | ||
| And this year they had 17 washed ashore. | ||
| So there's something happened out there. | ||
| There's something driving the wells, a little bit of loco, but they lost two in 20 years, and now they lost 17 in a short period of time, so it's something wrong out there. | ||
| So this is very exciting. | ||
| This is going to lead to the construction of a lot of plants, and a lot, in this case, auto plants, and you're going to see numbers like you haven't seen, both in terms of employment. | ||
| It takes a little while. | ||
| You're going to have great construction numbers initially, and then you're going to have, ultimately, you're going to have a lot of people making a lot of cars. | ||
| And one other thing, we are trying, we have the Speaker of the House with us who's doing a fantastic job. | ||
| And where's Mike? | ||
| And we're trying to get approved. | ||
| Mike, thank you very much for being here. | ||
| We're trying to get approved, if we can. | ||
| If you borrow money to buy a car, you're allowed to deduct interest payments for purposes of income tax. | ||
| But only if the car is made in America. | ||
| So if the car is made in America, you get a loan, you can deduct the interest. | ||
| That's a big saving. | ||
| A lot of people in that part of the world, in terms of buying cars, a lot of them don't think in terms of deductions. | ||
| People that think in terms of deductions are very wealthy people. | ||
| But people are going to start understanding what a good deduction is all about. | ||
| So when you get a loan to buy a car, And I think it's going to pay for itself. | ||
| I don't think there's any cost. | ||
| I think that's going to... | ||
| You're going to have so many cars built. | ||
| But you're only going to get that deduction of interest if the car is made in the United States of America. | ||
| So I'm going to sign this. | ||
| And Mike, I hope you can get that because I think it's going to be amazing in terms of the number of cars that will be made because of it. | ||
| And I want to thank Howard Latnikar. | ||
| Fabulous commerce chairman. | ||
| That's what he is. | ||
| He's a chairman. | ||
| He's a very successful guy, a great guy. | ||
| And we have a big day, Howard, coming up next week. | ||
| Liberation Day. | ||
| That's Liberation Day. | ||
| That's going to be on the 2nd, and that's going to be reciprocal. | ||
| And I think people will be impressed. | ||
| We're going to be very fair. | ||
| We're going to be very nice, actually. | ||
| We have not been treated nicely by other countries, but we're going to be nice. | ||
| So I think people will be... | ||
| Pleasantly surprised, but it's going to make our country very rich because we're the piggy bank that everybody steals from, and they've been doing it for many years, for decades, and we're not going to let it happen. | ||
| But we're going to treat people very nicely. | ||
| We're going to treat other countries very, very nicely, and I think it's going to have a very positive effect on everybody, including those other countries. | ||
| So I'll sign this, and we will see you again on April the 2nd. | ||
| In terms of this, it's going to be another round. | ||
| And it's about making America great again, making it strong and prosperous again. | ||
| Thank you very much. | ||
|
unidentified
|
Mr. President, on the car tariffs, how do you assure that a car coming into the country is fully built? | |
| Could an automaker in Germany say, leave the tires off? | ||
| Policing. And it's pretty easy to do. | ||
| If parts are made in America and a car isn't, those parts are not going to be taxed or tariff. | ||
| And we'll have very strong policing as far as that's concerned. | ||
| For the most part, I think it's going to lead cars to be made in one location. | ||
| Right now, a car would be made here, sent to Canada, sent to Mexico, sent all over the place. | ||
| It's ridiculous. | ||
| So this is a very simple system. | ||
| And the beauty of the 25, it's one number. | ||
| It's not up or down depending on the cost of the car. | ||
| It's one number. | ||
| And that number is going to be used to reduce debt greatly in the United States and to build things, reduce taxes. | ||
| Basically, I view it as reducing taxes and also reducing debt. | ||
| And within a fairly short period of time, I think we're going to have a balance sheet that's going to be outstanding. | ||
|
unidentified
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How do you assure Americans, then, that this will not cause a long-term increase in prices? | |
| Well, look, I think we're going to have a market the likes of which nobody's ever seen before, not in this country. | ||
| You know, we had the best market ever in my first term. | ||
| It was the strongest market ever, the best economy ever. | ||
| And I think this blows it away. | ||
| But this is something that people have wanted to do, presidents have wanted to do for a long time. | ||
| A lot of them didn't understand it. | ||
| It wasn't a priority for them. | ||
| But foreign countries understood it very well. | ||
| They've really ripped us off at levels that nobody's seen before, but that's not going to happen. | ||
|
unidentified
|
Mr. President, is this for today or on April 2nd, the auto tariffs? | |
| Is it these auto tariffs going to affect today or on April 2nd? | ||
| They're going to affect on April 2nd. | ||
| We're signing today. | ||
| It goes into effect April 2nd. | ||
| We start collecting on April 3rd. | ||
| What does that mean? | ||
| Not then, but we will be putting a tariff on lumber. | ||
| We, as you know, have a tariff already on steel and on aluminum of 25%, and we're taking in tremendous amounts of dollars. | ||
| More importantly, our steel factories and aluminum factories are roaring. | ||
| They're starting to roar. | ||
| They're building new ones. | ||
| I just heard from Nucor, which is a big company, a very big steel company, and they're... | ||
| Building a massive plant for steel that they wouldn't build without this. | ||
| You're going to see things that are going to be actually amazing. | ||
| I think you already have. | ||
| We've had some news conferences where I can't have enough. | ||
| They want to do news conferences where they announce they're going to spend $20, $30, $40 billion. | ||
| But Apple as an example is spending 500 billion dollars Senator Roger wicker each other one second We focus on the horse No, we're going to make it all countries, and we're going to make it very lenient. | ||
| I think people are going to be very surprised. | ||
| It'll be, in many cases, less than the tariff that they've been charging us for decades. | ||
|
unidentified
|
So I think people are going to be very, very surprised. | |
| I think they'll be pleasantly surprised. | ||
| I think we're trying to keep it somewhat conservative. | ||
|
unidentified
|
Is that today? | |
| I didn't say that. | ||
| I want to see the jobs. | ||
|
unidentified
|
I want to see. | |
| That'll all take care of itself. | ||
| That could take care of itself in one day, two days, or one week. | ||
|
unidentified
|
Are there any conditions under which you'd remove these auto tariffs, sir, or is this permanent for the rest of your term? | |
| Oh, this is permanent, yeah. | ||
| 100%, yeah. | ||
|
unidentified
|
Did Elon Musk advise you at all on these auto tariffs? | |
| No, because he may have a conflict, so we don't talk. | ||
| I've never talked to him. | ||
| Elon's amazing. | ||
| He's never asked me for a favor in business whatsoever. | ||
| I'm actually a little surprised by it. | ||
| I might do it, I might not do it. | ||
| I'd do what's right. | ||
| And he'd want me to do what's right. | ||
| No, he's a patriot. | ||
| He has never, you know, these are big deals we're talking about. | ||
| This is probably nothing like this. | ||
| I've never had Elon come and say, would you do me a favor with the mandate or the electric mandate or anything? | ||
| He's never asked me for anything. | ||
|
unidentified
|
Sir, also, what's your response to the administration should take more accountability and not downplay? | |
| Well, I don't know about downplay. | ||
| The press upplays it. | ||
| I think it's all a witch hunt. | ||
|
unidentified
|
That's all. | |
| I think it's a witch hunt. | ||
| I wasn't involved with it. | ||
| I wasn't there. | ||
| I can tell you the result is unbelievable because the Houthis are looking to do something. | ||
| They want to know, how do we stop? | ||
| How do we stop? | ||
| Can we have peace? | ||
| The Houthis want peace because they're getting the hell knocked out of them. | ||
| It's been very, very strong. | ||
| The Houthis are dying for peace. | ||
| They don't want this. | ||
| And they're bad. | ||
| Look, they were knocking chips out of the ocean. | ||
| You know, we had in the Suez Canal, they only have about 20% of the ships going through. | ||
| they have to go through a different way. | ||
|
unidentified
|
Thank you. | |
| These have been hit hard and they want to negotiate peace, but I don't think... | ||
| But I can only say that the attacks, you know, it's attacks every day, every night. | ||
| It's not just the one. | ||
| You're talking about one. | ||
| The attacks have been very successful. | ||
| Even beyond our wildest expectations. | ||
| We've hit it very hard, very successfully. | ||
| And we're going to do it for a long time. | ||
| We're going to keep it going for a long time. | ||
|
unidentified
|
Senator Republicans have asked, said that they have formally asked the administration for an inspector's general report on the signal issue. | |
| Will you agree to that? | ||
| It doesn't bother me. | ||
| I don't know. | ||
| I want to find if there's any mistake or if a signal doesn't work. | ||
| It could be that Signal's not very good, you know? | ||
| It's a company. | ||
| Maybe it's not very good. | ||
| I think we'd rather know about it now. | ||
| There was no harm done because the attack was unbelievably successful that night, and it has been unbelievably successful every single night. | ||
| For the last four or five nights. | ||
| And that's the thing that you should be talking about. | ||
| This is something that should have been done by sleepy Joe Biden, but he was asleep at the wheel other than when it came to stealing money, of course. | ||
| Joe Biden should have done this attack on Yemen, which is basically a certain group within Yemen, the Houthis. | ||
| And this should have been done by Joe Biden, and it wasn't. | ||
| And that causes this world a lot of damage and a lot of problems. | ||
|
unidentified
|
Mike is responsible, but he's also overseeing the investigation to find out what went wrong. | |
| Who's responsible? | ||
|
unidentified
|
Mike Walsh says that he's responsible. | |
| Well, yeah, Mike Walsh, I guess he said he claimed responsibility, I would imagine. | ||
| It had nothing to do with anyone else. | ||
| It was Mike, I guess. | ||
|
unidentified
|
I don't know. | |
| I was told it was Mike. | ||
| But, again, the attacks were unbelievably successful. | ||
| That's ultimately what you should be talking about, I think. | ||
| Mike, he took responsibility for it. | ||
|
unidentified
|
Should Secretary Hankseth consider his position over the signal? | |
| Hankseth is doing a great job. | ||
| He had nothing to do with this. | ||
| Hankseth. How do you bring Hankseth into it? | ||
| He had nothing to do. | ||
| Look, look, it's all a witch hunt. | ||
| Here we are talking about some of the greatest business deals ever made. | ||
| The greatest companies in the world are moving into the United States. | ||
| And you want to ask about whether or not Signal works. | ||
| I don't know that Signal works. | ||
| I think Signal could be defective, to be honest with you. | ||
| And I think that's what we have to... | ||
| Because you use Signal, and we use Signal, and everybody uses Signal. | ||
| But it could be a defective platform. | ||
| And we're going to have to find that out. | ||
|
unidentified
|
Have you been briefed about the soldiers in Lithuania who are missing? | |
| No, I haven't. | ||
|
unidentified
|
Have you spoken, sir, with the big three automakers about these tariffs? | |
| What was their reaction? | ||
| It depends on whether or not they have factories here. | ||
| I can tell you, if they have factories here, they're thrilled. | ||
| If you don't have factories here, they're going to have to get going and build them, because otherwise they have to pay tariffs. | ||
| Very simple. | ||
| And most of those have pretty big factories here, like General Motors has big factories here. | ||
| They're going to move their parts divisions back to the United States because some of them were made in Canada and some of them were made in Mexico and other places. | ||
| They'll be moving their parts division back to the United States in factories where they may be at 60% capacity, so they don't even really have to build too much of a factory. | ||
| Generally speaking, if they have factories here, plants here... | ||
| Where they make their cars and equipment, but they make their cars here. | ||
| They are thrilled. | ||
| Same thing with the steel industry. | ||
| Steel industry is now paying a 25% tariff, as you know, I put it on last week. | ||
| And the business is roaring in the United States. | ||
| And we can't, because of military, we can't lose the steel industry. | ||
| If I didn't put the initial tariffs on steel in my first term, you wouldn't be able to have a military because we wouldn't have... | ||
| Every steel company, every steel... | ||
| Company would be bankrupt in the United States and every plant would be closed. | ||
| But now they're booming. | ||
| And putting this tariff on, this additional tariff for steel and aluminum, it's making them thrive. | ||
| And it's already happened. | ||
|
unidentified
|
We've got a deadline for the TikTok sale. | |
| Will you extend that deadline if you don't have a deal? | ||
| Do you support Oracle? | ||
| Well, we will have a form of a deal. | ||
| TikTok is very popular, very successful, very good. | ||
| We're going to have a form of a deal, but if it's not finished, it's not a big deal. | ||
| We'll just extend it. | ||
| I have the right to have the deal and to extend it if I want. | ||
| So we'll see whether or not we have a deal. | ||
| We have a lot of interest in TikTok. | ||
|
unidentified
|
Is there a way for a U.S. company to operate it and ByteDance to still have a share of the algorithm? | |
| Well, there are numerous ways you can buy TikTok, and we will find the one that's best for the country, for our country. | ||
| I'm worried about our country more than anything else. | ||
| With respect to TikTok. | ||
| And China's going to have to play a role in that, possibly, in the form of an approval, maybe. | ||
| And I think they'll do that. | ||
| Maybe I'll give them a little reduction in tariffs or something to get it done. | ||
| Because every point in tariffs is worth more money than TikTok, if you think. | ||
| Every point. | ||
| Tariff is a much bigger world, and TikTok is big. | ||
| But every point in tariffs is worth more than TikTok. | ||
| In order to get China to do, maybe I'd give them a reduction in tariffs as an example. | ||
| Sounds like something I'd do. | ||
|
unidentified
|
Do you think tariffs are going to be good for Tesla, sir? | |
| Good for who? | ||
| Tesla. Well, he is a fantastic Tesla. | ||
| Will tariffs be good? | ||
| I think they may, it could be a net neutral or they may be good. | ||
| He has a big plant in Texas. | ||
| He has a big plant in California. | ||
| And anybody that has plants in the United States, it's going to be good for, in my opinion. | ||
|
unidentified
|
You know, I haven't seen a mask in so long. | |
| You're wearing a mask. | ||
| So nice of you. | ||
| I haven't seen anybody wearing a mask in a long time. | ||
| It's good. | ||
| You feel more comfortable, right? | ||
| Good. That's good. | ||
| So go ahead. | ||
|
unidentified
|
How would you handle it if a state like California were to put in place education policies you disagree with? | |
| Well, I think that California is going to be tougher because they're doing badly on everything they do. | ||
| Everything they touch turns bad. | ||
| So a place like California would be tougher for education. | ||
| But what I would see with California is you'd have a Los Angeles department and you'd have Riverside. | ||
| You'd go to various places. | ||
| And I think you'd have some great areas in California, and you'd have some like everything else that doesn't work so well. | ||
| But ultimately, I think it would be very successful. | ||
| I think in New York, as an example, you'd go to Long Island, Westchester, you may have Nassau County, Queens County. | ||
| You'd break it up in certain ways, so they'd have maybe five departments. | ||
| You know, because of the size, they'd have five departments instead of one. | ||
| A state like Iowa, you'd have one. | ||
| And, I mean, they're just chopping at the bit to get going. | ||
| So many states are chomping at the bit to get education, and it's going to happen fast to get the education. | ||
| you. | ||
| Okay, the White House feed right there. | ||
| President Trump's in the Oval Office. | ||
| It's frozen. | ||
| We're going to keep the camera on this. | ||
| This is the White House feed. | ||
| Both cameras from the White House are down. | ||
| Looks like Fox is down. | ||
| Got to talk to Stephen Chung. | ||
| Hey, bro, get some more bandwidth at the White House. | ||
| I know everybody's pulling on it right now. | ||
| President Trump, incredible. | ||
| 25% tariffs on autos. | ||
| This is his geoeconomic and geostrategic pivot. | ||
| Which is historic since World War II. | ||
| This is why this text issue is... | ||
| Is that President Trump? | ||
| Is he back? | ||
| Let's go ahead. | ||
| Let's go back to President Trump and the Oval. | ||
|
unidentified
|
... | |
| be equal to them, but they can't be equal if it's going to be run in Washington. | ||
| We don't want that. | ||
|
unidentified
|
Yeah. Did Director Gabbard testify that any information that would indicate that the U.S. or its allies are going to make an attack should be classified? | |
| The Secretary of Defense has said that the information in those messages was not classified. | ||
| Are you going to ask them to review whether it should have been, should flight time? | ||
| I would. | ||
| You can view that two ways, frankly. | ||
| There's a lot of ways to answer that question, but I'd certainly ask them to take a look at it. | ||
| There may be a problem with the platform. | ||
| And if there's a problem with the platform, nobody should use it. | ||
| You know, they could have a basic problem. | ||
| But, you know, I say it again. | ||
| Not that I'm looking for lethality. | ||
| I wish we didn't have to do it at all. | ||
| But they're shooting down our ship. | ||
| And we can't allow that to happen. | ||
| this time ago, one or two more. | ||
|
unidentified
|
So it's part of the--The vice president's comments today doesn't-- Well, I understand where he's coming from. | |
| Take this back. | ||
| Right now, the feed is... | ||
| We've got to get Chung on the phone. | ||
| This is not acceptable to have the feed from the Oval Office. | ||
| The president's on a roll right now. | ||
| Let's go back. | ||
| We'll pick up President Trump. | ||
| It's supposed to be your last question. | ||
| Let's go ahead and hear it. | ||
| And so I understand what he's saying. | ||
| Same thing with NATO. | ||
| When I got involved, these mostly European countries, as you know, we had 28 at the time. | ||
| And only seven were paid. | ||
| And most of them were not paid. | ||
| Twenty-some-odd countries were not paid. | ||
| Or they were substantially less than they're supposed to be. | ||
| And the United States was literally making up the difference in Europe. | ||
| And it's very unfair. | ||
| So I understand. | ||
| I didn't know he made that statement. | ||
| But if he did, I mean, I'm okay with it. | ||
| I complain about it all the time. | ||
| The European Union treats us horribly on trade. | ||
| And NATO has has treated now. | ||
| I raised a lot of money for NATO, hundreds of billions of dollars. | ||
| You were here last week when the secretary general said. | ||
|
unidentified
|
Because I got them to pay money. | |
| It was unfair. | ||
| The United States was paying 80, 90. | ||
| 100% okay I think if I was if I did to them what they did They'd be much more lenient. | ||
| You'll see on April 2nd. | ||
| I'm going to be much more lenient. | ||
| They were really bad with us. | ||
| They should have stepped up. | ||
| They should have stepped up and done something and they didn't do it. | ||
|
unidentified
|
And hence we have 36. Okay. | |
| That's just not acceptable. | ||
| I mean, the team over there has got to get some bandwidth or just hook it up to a hardware camera. | ||
| Okay, President Trump signing the 25% auto tariffs a day. | ||
| Breaking news nonstop. | ||
| Let's go back to the core of what he was talking about. | ||
| He says these tariffs, you're either going to build the cars here in the United States, you're going to pay 25%. | ||
| To be very specific, he said Honda, I think the plant in Indiana. | ||
| It's $20 billion. | ||
| I think it actually may be more than $20 billion. | ||
| I want to double-check that. | ||
| Hyundai in Louisiana is $20 billion. | ||
| He's talking about automakers bringing plants back here to the United States to avoid these tariffs. | ||
| He's putting in 25% tariffs as a predicate to next Tuesday, excuse me, Wednesday, April 2nd, the day after April Fool's Day. | ||
| He's going to have the reciprocity of the tariffs. | ||
| This is a major underpinning of President Trump's economic plan. | ||
| President Trump said he is calculating with, I guess, Navarro and Lutnik and the Secretary of Treasury $600 billion. | ||
| $600 billion of tariff revenue. | ||
| Remember, external revenue. | ||
| $600 billion up to $1 trillion from tariffs. | ||
| He's saying that the tariffs on automotive alone... | ||
| Should generate $100 billion in the first year. | ||
| This is a cornerstone of his plan. | ||
| He says the key to this plan is to bring manufacturing jobs back to the United States. | ||
| And he cited once again Apple Computer with $500 billion. | ||
| Taiwan Semiconductor with $100 billion spent in $25 billion increments, basically roughly in Phoenix. | ||
| He's got NVIDIA. | ||
| The Advanced Chip Design Company, talking about hundreds of billions of dollars. | ||
| I think if you calculate it, it's almost $1 trillion. | ||
| The White House puts out $1.7 trillion as overall. | ||
| When you count UAE, you count Saudi Arabia, you count these sovereign wealth funds, you count Mosasson at SoftBank. | ||
| That comes up to $1.7 trillion. | ||
| I back out all the private equity, all the hedge fund money, and just talk major industrial corporations like Johnson& Johnson is talking about. | ||
| $50 million in North Carolina starting ASAP. | ||
| This is the cornerstone of President Trump's tariff program. | ||
| That's part of, on the flip side, his national security program, and he talked, he took a lot of questions about the situation with the text, and he was... | ||
| To be brutally frank, just dismissive. | ||
| He says, yeah, if somebody wants to do a review, if Pete wants to do a review, they ought to do a review. | ||
| But he went to the key point. | ||
| He said, hey, this was a successful attack. | ||
| He says, I made a determination as commander-in-chief that for free navigation and others strategically on the Arabian Peninsula. | ||
| I realize everybody doesn't agree with President Trump on that. | ||
| But he made a decision, and he's carried it out. | ||
| I would tell people also, if you look at... | ||
| Military endeavors. | ||
| Since President Trump's first term, when he, when General Mattis was over at the Pentagon, we had a lot of problems with Mattis, but one thing Mattis did very well under President Trump's leadership was to take down the physical, remember the ISIS caliphate between Syria and Iraq? | ||
| They'd taken over part of Syria, they'd taken over part of Iraq. | ||
| In fact, I think the territorial ambitions of ISIS, they were getting 10,000 recruits a month just from Europe alone. | ||
| They were starting to have tax revenues. | ||
| They had oil fields. | ||
| They were essentially becoming a country. | ||
| Obama told us it was a generational problem. | ||
| President Trump and Mattis destroyed it in its entirety and salted the earth around it in six months. | ||
| Since that time of a successful attack, this is the second most. | ||
| I mean, President Trump went in, and whether you agree geostrategically with the president or not, it was handled flawlessly. | ||
| In destruction, they've been pounding it since then. | ||
| The president goes, we've been doing it since then. | ||
| Why has no one asked that? | ||
| Why are you people here not asking that question? | ||
| Because, once again, as we showed in the cold open, this has nothing to do with bettering the United States. | ||
| This has nothing to do with the geostrategic positioning of the country. | ||
| It has nothing to do with bringing peace and prosperity. | ||
| Look at the news that's come out of the negotiation of Ukraine. | ||
| It's going so smoothly, the mainstream media won't cover it. | ||
| The Ukrainians are agreeing, you know, you can't have shooting, you can't have some sort of naval conflict in the Black Sea, that they're working through the problems. | ||
| And President Trump and Steve Witkoff working through on this Russian rapprochement, which hopefully includes something in Persia in it, because that's what the Houthi part of this is. | ||
| President Trump on the tariffs gave up, he says, hey, next week is going to be Liberation Day. | ||
| 2 April 2025 is going to be Liberation Day. | ||
| He's saying we are going to just reciprocate reciprocity on what tariffs, and you're going to be shocked at countries like India, countries like Canada, like the EU. | ||
| When you see the numbers of what they really charge, not just the tariffs, but the non-tariff barriers, Korea, Japan, people whose defense we underwrite. | ||
| You're going to be quite, quite, quite stunned when you see it. | ||
| This is what President Trump wants to do. | ||
| He calls it Liberation Day. | ||
| He's already talked about lumber, additional steel, other products. | ||
| This is how he gets to his trillion dollar number. | ||
| He also mentioned pharmaceuticals. | ||
| One of the things we talk about here, all Jace Medical, what did the president say? | ||
| We don't make any pharmaceuticals in the country. | ||
| Now, he's going to put tariffs on them, and I don't know what's going to do the Jace business, because they do not get... | ||
| Their material from China on the artificial, on the API. | ||
| Pharmaceutical ingredients. | ||
| Advanced pharmaceutical ingredients. | ||
| Activated pharmaceutical ingredients. | ||
| Remember, vitamin C, all of it, all comes from China. | ||
| Generic drugs, all from China. | ||
| President Trump's sitting there right there on all pharmaceuticals. | ||
| Significant tariffs. | ||
| Wall Street absolutely melts down when you talk tariffs. | ||
| If you don't have a tariff policy, you are not a populist. | ||
| It's evident. | ||
| These jobs have all come back. | ||
| And somebody asked me that day in some interview, well, hold it, if Kamala Harris, they put all these chips on, if she was president, wouldn't it all come back? | ||
| I'd go, no. | ||
| It wasn't coming back. | ||
| If it was coming back, they would have announced it during the Biden administration, or they certainly would have announced it in her run-up to the... | ||
| In her run for the presidency. | ||
| They waited after the election to President Trump, and then they're coming in droves. | ||
| It's almost $1 trillion, $1 trillion of major manufacturing companies in the world, world-class. | ||
| These are not bucket shops, world-class, coming to the United States and putting heavy plant equipment, whether it's in Indiana, whether it's in Louisiana, whether it's in North Carolina, whether it's in Texas. | ||
| You notice a trend there? | ||
| Boy, I think those are red states, aren't they? | ||
| Because they're looking for better-run states, and they're looking for states that have high-quality people ready to go to work, and don't have woke schools, and don't have all this neo-Marxist culture. | ||
| President Trump today, talking about, we started the show this morning with these attacks. | ||
| Attack, attack, attack. | ||
| They had the Intelligence Committee, and we played. | ||
| I want to thank my young producing team for that great cold open. | ||
| It was one attack after the other. | ||
| Pete Hexeth, Pete Hexeth, Pete Hexeth, Pete Hexeth, Pete Hexeth. | ||
| They understand they're after Pete Heggs. | ||
| That's why Pete Heggs is extraordinary Secretary of Defense. | ||
| Look at what he just pulled off. | ||
| He's motivated. | ||
| The Defense Department has a whole new spirit out there, camaraderie out there. | ||
| Pete Heggs is out there with the warrior ethos. | ||
| Pete Heggs is out with the Indo-Pacific Command right now, getting people very focused on what Captain Fennell says is the main thing. | ||
| That is the Chinese Communist Party, the threat they cause not just to East Asia, but also to the Pacific. | ||
| And Pete's out there because, guess what? | ||
| And you got Vice President Vance going to Greenland. | ||
| From Greenland to Panama, right? | ||
| From the Arctic to the Pacific. | ||
| And you got the vast Pacific as our kind of heartland. | ||
| To the three island chains. | ||
| And where's Pete Hex is going? | ||
| Pete Hex is going to Guam. | ||
| Hello? Right? | ||
| Second island chain right there. | ||
| He's making a statement on his first big trip. | ||
| That is the strategic center of the United States. | ||
| This is called a hemispheric defense. | ||
| President Trump is doing a massive pivot. | ||
| Now, he's got some cleanup in aisle three in the Middle East, right? | ||
| He's trying to bring peace to that area and make sure that the Persians don't go buck wild with this nuclear weapon they're trying to create, nuclear weapons they're trying to create. | ||
| A massive performance right there. | ||
| President Trump taking on all questions after a historic day. | ||
| Tariffs on the automotive industry. | ||
| And his word is, hey, make it here or pay. | ||
| Make it here or pay. | ||
| And you're going to make it here, you're going to make it with U.S. citizens are going to be your employees. | ||
| High value added jobs. | ||
| Almost $1 trillion of capital investment into factories here in the United States of America within the first 60 days. | ||
| From companies, not hedge funds, not private equity, not sovereign wealth. | ||
| We're going to take a short commercial break. | ||
| The second hour, we're going to have to kind of move some things around, but we're proud to because it's a great, great visit with the president of the Oval Office. | ||
| Short commercial break. |
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