CSPAN - President Trump Speaks to Reporters Aired: 2025-04-23 Duration: 03:55 === Trillion Dollar Responsibility (03:53) === [00:00:01] Democracy is always an unfinished creation. [00:00:05] Democracy is worth dying for. [00:00:07] Democracy belongs to us all. [00:00:09] We are here in the sanctuary of democracy. [00:00:12] Great responsibilities fall once again to the great democracies. [00:00:17] American democracy is bigger than any one person. [00:00:19] Freedom and democracy must be constantly guarded and protected. [00:00:25] We are still at our core a democracy. [00:00:28] This is also a massive victory for democracy and for freedom. [00:00:39] Earlier today, President Trump spoke briefly to reporters outside the White House as he returned from looking at spots on the White House North Lawn for a new flagpole. [00:00:48] He also talked about trade negotiations with China. [00:00:54] They all want to be involved with America. [00:00:58] Be careful, folks. [00:00:59] They all want to be involved with America, and we have a lot of action going on. [00:01:05] We're making a lot of money this country. [00:01:06] This country is not going to be losing money on trade anymore. [00:01:10] We were losing $2 trillion a year on trade. [00:01:13] Now we're going to be making money, a lot of money. [00:01:15] So that's very good. [00:01:16] Every country wants to partake, even countries that have ripped us off for many, many years. [00:01:22] China is an example. [00:01:23] But it's not just China. [00:01:25] European Union, they ripped us off for many, many years, and those days are over. [00:01:30] We're going to make a lot of money for our people. [00:01:32] We'll be able to lower taxes substantially. [00:01:35] And we're going to be proud of ourselves. [00:01:36] They're not going to be a laughing stock that got taken advantage of by virtually every country in the world. [00:01:47] We thought you said you were going up to launch for a flag. [00:01:49] What was going on on that? [00:01:49] We're putting up a beautiful, almost 100-foot-tall American flag on this side and another one on the other side. [00:01:58] Two flags, top of the line. [00:02:00] And they've needed flagpoles for 200 years. [00:02:04] It was something I've often said, you know, they don't have a flagpole per se. [00:02:10] So we're putting one right where you saw us, and we're putting another one on the other side on top of the mounds. [00:02:16] It's going to be two beautiful polls. [00:02:21] Paid for by Trump. [00:02:25] When are the flags going to be a trip? [00:02:26] They arrive in about a week or so. [00:02:30] Can you clarify, Mr. President, on China? [00:02:32] Yeah, we are going to have a fair deal with China. [00:02:36] It's going to be fair. [00:02:37] Are you talking to them actively now? [00:02:39] Actively. [00:02:40] Everything's active. [00:02:41] Everybody wants to be a part of what we're doing. [00:02:44] They know that they can't get away with it any longer, but they're still going to do fine. [00:02:48] And we're going to have a country that you can be proud of, not a laughing stock all over the world for many years. [00:02:54] You know, in 1913, they traded to the income tax system. [00:02:59] We used to be all tariff, and we had no income tax, and we had the wealthiest country we've ever had proportionately from about 1870 to 1913. [00:03:10] It was all tariffs, and we did, we had more money than anybody. [00:03:13] They had committees, how to spend the money. [00:03:15] They had so much money they didn't know how to spend. [00:03:17] Then some brilliant person said, let's go income tax. [00:03:21] Let's let the people pay. [00:03:23] Now, we're going to be able to substantially lower taxes when this is finished. [00:03:27] So, Mr. Service, how does it look in the meantime? [00:03:31] It looks good, yeah. [00:03:32] No, it looks good. [00:03:33] It looks good. [00:03:34] We were losing anywhere from three to five billion dollars a day. [00:03:40] Think of it. [00:03:40] We're losing billions of dollars a day under Biden and other presidents, frankly. [00:03:46] But under Biden, it got really worse. [00:03:48] China got out of control. [00:03:50] We're losing a trillion dollars a year. [00:03:52] Trillion, not a billion, not a million, a trillion.