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Video65 min read

Remarks: Donald Trump Holds a Cabinet Meeting at The White House - February 26, 2025

12:00 AM
Donald Trump 00:00:00-00:00:21 (21 sec)

Thank you very much. We appreciate you being here. And we've put together a great cabinet and we've had tremendous success. We've been given a lot of credit for having a very successful first month and we want to make that many months and years, actually. But we're going to have many good months and we're going to have many good years, I hope, and solve a lot of problems.

Donald Trump 00:00:21-00:00:40 (20 sec)

We're doing very well with Russia-Ukraine. President Zelenskyy is going to be coming on Friday. That's now confirmed and we're going to be signing an agreement which will be a very big agreement. And I want to thank Howard and Scott for the job you guys did in putting it together, really did an amazing job.

Donald Trump 00:00:40-00:01:08 (28 sec)

And that'll be on rare earth and other things. And as you know, we're in for probably $350 billion. The Europe is in for $1 billion -- $100 billion, and that's a big difference. So we're in for probably three times as much, and yet it's very important to everybody, but Europe is very close. We have a big ocean separating us. So it's very important for Europe.

Donald Trump 00:01:08-00:01:33 (25 sec)

And they hopefully will step up and do maybe more than they're doing and maybe a lot more. The previous administration put us in a very bad position, but we've been able to make a deal where we're going to get our money back and we're going to get a lot of money in the future. And I think that's appropriate because we have taxpayers that are -- shouldn't be footing the bill and they shouldn't be footing the bill at more than the Europeans are paying.

Donald Trump 00:01:33-00:01:55 (22 sec)

So it's all been worked out. We're happy about it. And I think that, very importantly, we're going to be able to make a deal. Most importantly, by far, we're going to make a deal with Russia and Ukraine to stop killing people. They'll stop killing young Russian soldiers and young Ukrainian soldiers and other people, in addition, in the towns and cities.

Donald Trump 00:01:55-00:02:19 (24 sec)

And we will consider that a very important thing and a big accomplishment because it was going nowhere until this administration came in. They hadn't spoken to President Putin in two years. And so we'll -- we'll keep you advised. Before we begin the cabinet. I'd like to have Scott and a couple of people say a few things, but most importantly -- where are you?

Scott Turner 00:02:19-00:02:20 (1 sec)

Right here, sir.

Donald Trump 00:02:20-00:02:30 (10 sec)

This is a gentleman who's going places, the head of HUD, and he's going to say -- you all know him and you're going to say grace and then we'll have our meeting, right? Thank you very much.

Scott Turner 00:02:30-00:02:54 (24 sec)

Thank you, Mr. President. Let's pray. Father, we thank you for this awesome privilege, father, to be in your presence. God, thank you that you've allowed us to see this day -- the Bible says that your mercies are new every morning and, Father God, we give you the glory and the honor. Thank you, God, for President Trump, father, for appointing us. Father God, thank you for anointing us to do this job.

Scott Turner 00:02:54-00:03:20 (26 sec)

Father, we pray you will give the president, the vice president wisdom, Father God, as they lead. Father, I pray for all of my colleagues that are here around the table and in this room. Lord God, we pray that we would lead with a righteous clarity. Father God, as we serve the people of this country and every prospective agency, every job that we have, Father, we would humble ourselves before you and we would lead in the manner that you've called cause us to lead and to serve.

Scott Turner 00:03:20-00:03:40 (21 sec)

Father, the Bible says that blessed is the nation whose God is the Lord. Well, Father, we today honor you. And in your rightful place, Father, thank you for giving us this opportunity to restore faith in this country and be a blessing to the people of America. And Lord God, today in our meeting, we pray that you will be glorified in our conversation in Jesus name.

Scott Turner 00:03:40-00:03:41 ( sec)

Amen.

Donald Trump 00:03:41-00:03:54 (13 sec)

Scott, that was a very good job you did. You've done that before, haven't you? Wow. So Scott Turner is a terrific young guy. He's heading up HUD and he's going to make us all very proud, right?

Scott Turner 00:03:54-00:03:56 (3 sec)

Thank you, Mr. President.

Donald Trump 00:03:56-00:04:20 (23 sec)

Thank you very much. Great job. In just over one month, illegal border crossings have plummeted by numbers that nobody's actually ever seen before. It's much more than 100 percent. And we've unleashed American energy at levels that will soon be reported, but we think we're going to get it going very quickly.

Donald Trump 00:04:20-00:04:38 (18 sec)

We have incredible people on the energy front. I think we have really great people on every front. I'll let you know if they're not good, but I think they really are. And we're fighting every day to get the prices down. The inflation is stopping slowly, but part of the reason it's stopping is because of high interest rates and other problems that we inherited.

Donald Trump 00:04:38-00:05:01 (23 sec)

But we have to get the prices down, not the inflation down. The prices of eggs and various other things. Eggs are a disaster. The Secretary of Agriculture is going to be showing you a chart that's actually mind boggling what's happened, how low they were with us and how high they are now. But I think we can do something about it, Madam Secretary, and I think you're going to do a fantastic job in that position.

Donald Trump 00:05:01-00:05:25 (24 sec)

One of the most important initiatives is DOGE, and we have cut billions and billions and billions of dollars. We're looking to get it maybe to $1 trillion. If we can do that, we're going to start getting to be at a point where we can think in terms of balancing budgets, believe it or not, something you haven't heard in many, many years, decades actually.

Donald Trump 00:05:25-00:05:48 (22 sec)

And it's a big -- whether it's this year or next year, I think we'll be very close to balancing budgets. And the DOGE is very important and Elon is here to give you a summary of what's happening. Some of the things they found, some of the horrible things, they found some of the theft and fraud, and we call it waste and abuse, but a lot of fraud.

Donald Trump 00:05:48-00:06:16 (29 sec)

And probably some fraud that we're not going to be able to prove is fraud, but when you hear the names and the places where this money is going, it's -- it's a disgrace. But we've requested that a lot of people we want to make sure that the people are working. So letters were sent out. And I think everyone at this table is very much behind it. And if they -- if they aren't, I'd want them to speak up, but they're very much behind it. Letters were sent out to people just to find out if the people exist.

Donald Trump 00:06:16-00:06:35 (18 sec)

Do they work? Who do they work for? Where are they? Where have they been working? Have they been working for other companies or other entities at all or being paid by the government? So they have two jobs, but they're supposed to have one. And the letter asks some simple questions like what have you done lately?

Donald Trump 00:06:35-00:06:56 (21 sec)

And if they can answer that -- because I can. I can tell you everything I've done for the last long period of time, a lot more than a week. And in many cases, we haven't gotten responses. Usually, that means that maybe that person doesn't exist or that person doesn't want to say they're working for another company while being paid by the United States government.

Donald Trump 00:06:56-00:07:12 (16 sec)

So there's a lot of interesting things. It's very unique, but we have a very unique situation because we have a lot of people that were scamming our country. We have a lot of dishonest people. We have a lot of people that took advantage of a lot of different situations and we're not going to let that happen.

Donald Trump 00:07:12-00:07:38 (26 sec)

So I'm going to ask if it's possible to have Elon get up first and talk about DOGE because it seems to be of great interest to everyone. I will say that there is a large group of people in this country that have such admiration for what we're doing. I got elected with a tremendous vote winning every swing state, winning the popular vote, winning the counties by thousands of counties.

Donald Trump 00:07:38-00:08:09 (31 sec)

I think it was 2800 to 500. 2800 counties to 500 counties. Think of that. And so we have a mandate to do this and this is part of the reason I got elected. I got elected based on taxes and based on many things in the border, but also based on balancing budgets and getting our country back into shape and this is a big part of it. So Elon, if you could get up and explain where you are, how you're doing and how much we're cutting and it's an honor to have you.

Donald Trump 00:08:09-00:08:30 (22 sec)

He's been a tremendously successful guy. He's -- he's really working so hard and he's got businesses to run. And in many ways, they say how do you do this? And you know, it's -- he's sacrificing a lot and getting a lot of praise, I'll tell you, but he's also getting hit. And we would expect that and that's the way it works.

Donald Trump 00:08:30-00:08:35 (5 sec)

So I'd like to have Elon Musk, please, say a few words. Thank you.

Elon Musk 00:08:35-00:08:56 (20 sec)

Thank you, Mr. President. Well, I actually just call myself a humble tech support here because this is actually, as crazy as it sounds, that -- that is almost a literal description of the work that the DOGE team is doing is helping fix the government computer systems. Many of these systems are extremely old.

Elon Musk 00:08:56-00:09:19 (23 sec)

They don't communicate. There are a lot of mistakes in the systems. The software doesn't work. The -- so we are actually tech support. It's -- it's ironic, but it's true. The overall goal here with the DOGE team is to help address the enormous deficit. We simply cannot sustain as a country a $2 trillion deficit.

Elon Musk 00:09:19-00:09:48 (29 sec)

The interest rates -- just the interest on the national debt now exceeds the Defense Department's spending. We spent a lot on the Defense Department, but we're spending like over $1 trillion on interest. If this continues, the country will go -- become de facto bankrupt. It's not an optional thing; it is an essential thing, that's the reason I'm here and taking a lot of flak and getting a lot of death threats, by the way, I can like stack them up, you know.

Elon Musk 00:09:48-00:10:16 (28 sec)

But if we don't do this, America will go bankrupt. That's why it has to be done. And I'm confident at this point, knock on wood -- knock on my wooden head, he's a lot of wood up there -- that we can actually find $1 trillion in savings, that would be roughly 15 percent of the $7 trillion budget. And obviously that can only be done with the support of everyone in this room.

Elon Musk 00:10:16-00:10:39 (23 sec)

And I'd like to thank everyone for your support. Thank you very much. This can only be done with your support. So, this is -- it's really -- DOGE is a support function for the president and for the agencies and departments to help achieve those savings, and to effectively find 15 percent in reduction in fraud and waste.

Elon Musk 00:10:39-00:11:05 (26 sec)

And we bring the receipts. Some people say like, well, is this real? Just go to doge.gov, line item by line item, we specify each item. And I should say we also will make mistakes. We won't be perfect, but when we make a mistake, we'll fix it very quickly. So, for example, with USAID, one of the things we accidentally canceled very briefly was Ebola, Ebola prevention.

Elon Musk 00:11:05-00:11:29 (24 sec)

I think we all want Ebola prevention, so we restored the Ebola prevention immediately and there was no interruption. But we do need to move quickly if we're to achieve a $1 trillion deficit reduction in financial year 2026. It requires saving $4 billion per day every day from now through the end of September.

Elon Musk 00:11:29-00:11:32 (3 sec)

But we can do it and we will do it. Thank you.

Donald Trump 00:11:32-00:11:43 (11 sec)

Would you have any questions of Elon while we're on the subject of DOGE, because we'll finish off with that? And if you would have any questions, please ask -- you could ask me or Elon. Go ahead, please.

Question 00:11:43-00:12:01 (18 sec)

Thank you, Mr. President. Thank you, Mr. Musk. I just wanted to ask you though, President Trump put out a Truth Social today saying that everybody in the cabinet was happy with you. I just wondered if that -- if you had heard otherwise and if you had heard anything about members of the cabinet who weren't happy with the way things were going?

Question 00:12:01-00:12:06 (5 sec)

And if so, what are you doing to address those -- any dissatisfaction?

Elon Musk 00:12:06-00:12:07 (1 sec)

To the best --

Donald Trump 00:12:07-00:12:35 (28 sec)

Let the cabinet speak just for a second [Laughter]. Is anybody unhappy with Elon? If you are, we'll throw him out of here [Laughter]. Is anybody unhappy? They are. They have a lot of respect for Elon and that he's doing this, and some disagree a little bit. But I will tell you, for the most part, I think everyone is not only happy, they're thrilled.

Donald Trump 00:12:35-00:12:37 (2 sec)

So, go ahead, Elon.

Elon Musk 00:12:37-00:13:01 (25 sec)

President Trump has put together, I think, the best cabinet ever, literally. So -- and I do not give false praise. This is an incredible group of people. I don't think such a talented team has actually ever been assembled. I think it's literally the best cabinet that the country has ever had, and I think the company [ph] should be incredibly appreciative of the people in this room.

Question 00:13:01-00:13:02 (1 sec)

Please, Mr. Musk --

Donald Trump 00:13:02-00:13:05 (2 sec)

Go ahead, please. Yeah, go ahead.

Question 00:13:05-00:13:23 (18 sec)

Mr. President, thank you. Mr. Musk, are there -- about half of the government employees so far appear to have responded to your request for what they've been doing over the past week. Is there a timeline in place for next moves for people being fired? And when can the American people expect to see results from that?

Elon Musk 00:13:23-00:13:48 (25 sec)

Yes, well, to be clear, like the -- I think that email perhaps was misinterpreted as a performance review, but actually it was a pulse check review. Do you have a pulse [Laughter]? Do you have a pulse and two neurons [Laughter]? So, if you have a pulse and two neurons, you can reply to an email. This is, I think, not a high bar is what I'm saying.

Elon Musk 00:13:48-00:14:09 (21 sec)

This should be -- anyone could accomplish this. But what we are trying to get to the bottom of is we think there are a number of people on the government payroll who are dead, which is probably why they can't respond. And some people who are not real people, like they're literally fictional individuals that are collecting paychecks -- well, somebody is collecting paychecks on a fictional individual.

Elon Musk 00:14:09-00:14:23 (14 sec)

So, we're just literally trying to figure out are these people real, are they alive and can they write an email, which I think is a reasonable expectation for -- the American public would have at least that expectation of someone in the public sector.

Question 00:14:23-00:14:24 (2 sec)

Mr. Musk, roughly --

Note 00:14:24-00:14:24 ( sec)

[Crosstalk]

Elon Musk 00:14:24-00:14:27 (3 sec)

This is not -- it's not a high bar, guys, come on.

Question 00:14:27-00:14:49 (21 sec)

Roughly a million employees have responded so far to this email. Does that mean that the remaining 1 million or so federal employees now risk being terminated? And is it your understanding and expectation, when you post a directive on X, that the cabinet secretaries will follow that order? Because several agencies have instructed employees that this is voluntary or not to respond.

Elon Musk 00:14:49-00:15:17 (29 sec)

Yeah, well, I mean, so I guess it was like last week the president encouraged me via Truth Social and also by a phone call to be more aggressive. And I was like OK, yes, sir, Mr. President, we will indeed do that. The president is the commander in chief, I do what the president asks, so. And I said, can we send out an email to everyone just saying what did you get done last week?

Elon Musk 00:15:17-00:15:39 (22 sec)

The president said yes, so we did that. And we got a partial response. We're going to send another email. But our goal is not to be capricious or unfair. It's -- we want to give people every opportunity to send an email, and the email could simply be what I'm working on is too sensitive or classified to describe.

Elon Musk 00:15:39-00:15:43 (4 sec)

Like literally that would be sufficient. I think this is just common sense.

Question 00:15:43-00:15:48 (5 sec)

And what is your target number, for how many workers/employees you're looking to cut total?

Elon Musk 00:15:48-00:16:01 (13 sec)

We wish to keep everyone who is doing a job that is essential and doing that job well. But if the job is not essential or they're not doing the job well, they obviously should not be on the public payroll.

Question 00:16:01-00:16:02 (1 sec)

Mr. Musk --

Note 00:16:02-00:16:02 ( sec)

[Crosstalk]

Donald Trump 00:16:02-00:16:15 (14 sec)

I'd like to add -- wait a minute, wait, wait, I'd like to add that those million people that haven't responded though, Elon, they are on the bubble. You know, I wouldn't say that we're thrilled about it. You know they haven't responded. Now maybe they don't exist. Maybe we're paying people that don't exist.

Donald Trump 00:16:15-00:16:42 (27 sec)

Don't forget, we just got here. This group just got here. But those people are on the bubble, as they say. Maybe they're going to be gone, maybe they're not around, maybe they have other jobs, maybe they moved and they're not where they're supposed to be. A lot of things could have happened. I wouldn't say that Biden ran a very tight administration.

Donald Trump 00:16:42-00:17:11 (29 sec)

They spent money like nobody's ever spent money before -- wasted money, the green new scam, all of the different things they spent money on. And you've seen that. You've seen that with some of the things that I read at speeches. I read them and people can't believe when I read them. $20 million here, $30 million here for a little educational course on something, circumcision, right, circumcision, $20 million to inform the people of such and such a country on other things and other things other than that.

Donald Trump 00:17:11-00:17:29 (18 sec)

So, yeah, those people are -- right now we're trying to find out who those people are that haven't responded. Now there'll be some agencies, like Marco has people within state that are right now doing very classified, very confidential work. And we understand that. We've talked and we're being a little more surgical.

Donald Trump 00:17:29-00:17:50 (21 sec)

And Marco is doing a lot of things himself, he's -- and some of the secretaries, we're going to be going to them. We're going to be talking about it today. We're going to ask them to do their own DOGE. In other words, they'll look in their group and who -- I spoke with Lee Zeldin, and he thinks he's going to be cutting 65 or so percent of the people from environmental.

Donald Trump 00:17:50-00:18:09 (19 sec)

And we're going to speed up the process too at the same time. He had a lot of people that weren't doing their job. They were just obstructionists. And a lot of people that didn't exist I guess led to you found a lot of empty spots that the people weren't there. They didn't exist. And I think education is going to be one of those.

Donald Trump 00:18:09-00:18:24 (15 sec)

You go around Washington you see all these buildings for the Department of Education. We want to move education back to the states where it belongs. Iowa should have education; Indiana should run their own education. You're going to see education go way up. Right now, we're ranked at the very bottom of the list.

Donald Trump 00:18:24-00:18:41 (18 sec)

But we're at the top of the list and one thing, the cost per pupil. We spend more money per pupil than any other country in the world and yet it's Denmark and Norway, Sweden. And I hate to say this, and you know we're going to get along very well with China, but it's a competitor. They're at the top of the list.

Donald Trump 00:18:41-00:19:03 (22 sec)

They're among the top 10 usually and they're a very big country. So, we can't use that as an excuse, right, because we're a very big country too, but we're -- we were ranked last time -- under Biden we were ranked 40 out of 40. They do the 40, certain nations that they've done for a long time. It seems to be 40 for whatever reason.

Donald Trump 00:19:03-00:19:16 (13 sec)

And we were number 40. A year ago, we were 38, then we were 39. We hit 40. And so we're last in that and we're first in cost per pupil. So I would say that's unacceptable. Lawrence, do you have something? Go ahead.

Question 00:19:16-00:19:35 (18 sec)

Mr. President, I know you like competition and I know it's early, so which department are you most impressed with? And then [Laughter] -- That's the first one. And then, which department have you received the most resistance from?

Donald Trump 00:19:35-00:20:00 (26 sec)

Well, I think both of those questions are a little bit -- well, you're a pretty controversial guy. [Laughter] And look, it's very early. Right now, I think I'm impressed with everybody. So far, everybody. If I wasn't in the first month -- and some of them just got here, they just got approved two days ago, right, but I think I'm very impressed with everybody.

Donald Trump 00:20:00-00:20:21 (21 sec)

So far, I'm very happy with all of the choices. I think that Elon has done incredibly with some groups and some groups are much easier than others. It is true. State is a, you know, very difficult situation. We're right now negotiating very successfully, I think, with Russia and with Ukraine and we have a lot of countries involved and we have to be a little bit careful what we do and who we're terminating.

Donald Trump 00:20:21-00:20:43 (21 sec)

But Marco is doing that very -- I think he's going to be very precise. It's going to be -- we're cutting down government. We're cutting down the size of government. We have to. We're bloated. We're sloppy. We have a lot of people that aren't doing their job. We have a lot of people that don't exist. You look at Social Security as an example.

Donald Trump 00:20:43-00:21:06 (23 sec)

I mean, you have so many people in Social Security where, if you believe it, they're 200 years old. And what we're doing is finding out our checks going out for that and there's somebody's cashing those checks, who's maybe 35 years old, OK? So there's a lot of dishonesty, there's a lot of fraud. But I think at this moment, I'll take Elon off the spot.

Donald Trump 00:21:06-00:21:31 (26 sec)

I think that he's impressed. He said it very well, better than I can say it, that he's impressed with the people in this room, very impressed, and I am too. And it's too early to say, but I think everybody's on board. They all know we want to balance the budget. We want to have a balanced budget within a reasonably short period of time, meaning maybe by next year or the year after, but maybe -- maybe even sooner than that.

Question 00:21:31-00:21:46 (14 sec)

Mr. President, your number one issue was the border. We just got new information that the doxing of federal agents, of putting their personal information out there, these activists, and they're disrupting the operation. So you've got [Inaudible] --

Donald Trump 00:21:46-00:21:52 (6 sec)

-- Well, we have activists. That's -- there a lot of those --

Question 00:21:52-00:21:55 (3 sec)

-- So what are you going to do about the activists --

Donald Trump 00:21:55-00:22:13 (18 sec)

-- Yeah, a lot of those activists are acting illegally and we'll give that to our attorney general and she'll take a look at that very strongly. But we also having tremendous support from Border Patrol, from ICE. The ICE agents have been unbelievable. Border Patrol, their leadership at Border Patrol has been incredible.

Donald Trump 00:22:13-00:22:33 (20 sec)

And they're working very well. And as you know, and I saw you reporting it this morning, actually, we set records on the least number of illegal aliens coming in, migrants coming into our country that we had -- that we've had in more than 50 years. And we did this all within a period of weeks because we took over a mess.

Donald Trump 00:22:33-00:22:54 (21 sec)

The world was pouring in. And remember they were coming in from jails and prisons and mental institutions and insane asylums and they were gang members and drug dealers. Anybody wanted to come in, they came -- and from not just South America from all over the world. So it's amazing what they've done. And Christie and and Tom Homan, the job they've done has been absolutely amazing.

Donald Trump 00:22:54-00:23:06 (12 sec)

We set records for -- and we want people to come into our country, by the way, but they want to come in -- they have to come in legally. I want that to be really understood. We want people in our country, but they have to come in legally.

Question 00:23:06-00:23:13 (7 sec)

Can I follow on that, Mr. President? About the -- the Trump gold card idea which you unveiled yesterday --

Donald Trump 00:23:13-00:23:15 (2 sec)

-- Yeah, I hope you liked it.

Question 00:23:15-00:23:26 (12 sec)

I await more information. But the question is, does this reflect a view on your part that the American immigration system has never been properly monetized as you feel it should be?

Donald Trump 00:23:26-00:23:56 (30 sec)

Well, not so much monetized. It hasn't been properly run. I get calls from, as an example, companies where they want to hire the number one student at a school. A person comes from India, China, Japan, lots of different places and they go to Harvard, the Wharton School of Finance, they go to Yale, they go to all great schools and they graduate number one in their class and they're made job offers, but the offer is immediately rescinded because you have no idea whether or not that person can stay in the country.

Donald Trump 00:23:56-00:24:16 (20 sec)

I want to be able to have that person stay in the country. These companies can go and buy a gold card and they can use it as a matter of recruitment. At the same time, the company is using that money to pay down debt. We're going to -- we're going to pay down a lot of debt with that. And I think the gold card is going to be used by -- not only for that, they'll be used by companies.

Donald Trump 00:24:16-00:24:40 (24 sec)

I mean, I could see Apple -- I've spoken with Tim Cook. And by the way, he's going to make a $500 billion investment in the country -- in the country, only because of the results of the election. And I think because of tariffs. He's going to want to be in the country because of tariffs because if you're in the country, there is no tariff.

Donald Trump 00:24:40-00:25:00 (20 sec)

If you're out of the country, you've got to pay tariffs and that's going to be a great investment, I think, that he's making. I know it's going to be a great investment. But we have to be able to get people in the country and we want people that are productive people. And I will tell you the people that can pay $5 million, they're going to create jobs, they're going to spend a lot of money on jobs.

Donald Trump 00:25:00-00:25:25 (24 sec)

They're going to have to pay taxes on that, too. So they're going to be hiring people. They're going to be bringing people in and companies in. And I don't know, maybe it will sell like crazy. I happen to think it's going to sell like crazy. It's a bargain. But we'll know fairly soon. I think Howard and Scott, a few of you really are responsible for it. But Howard, if you want to discuss that for a couple of minutes, I think I'd like to have you.

Donald Trump 00:25:25-00:25:29 (4 sec)

I think it's going to be a very successful program. This is commerce.

Howard Lutnick 00:25:29-00:25:53 (24 sec)

So the EB-5 Program, which has been around for many years, had investment of $1 million into projects in America, and those projects were often suspect. They didn't really work out. There wasn't any oversight of it. And so for $1 million investment, you got a visa and then you came into the country and ended up with a green card.

Howard Lutnick 00:25:53-00:26:14 (20 sec)

So it was poorly overseen, poorly executed, then you had our border open where millions of people came through. So the idea is we will have a proper business, we will modify the EB-5 agreement. Christie and I are working on it together. For $5 million, they'll get a license from the Department of Commerce.

Howard Lutnick 00:26:14-00:26:40 (26 sec)

Then they'll make a proper investment on the EB-5, right. And we think Scott and I will design the EB-5 investment model because Scott and I are the best people together to do that. So this is joint -- this is the exactly the Trump administration. We all work together, we work it out to be the best. And if we sell, just remember, 200,000, there's a line for EB-5 of 250,000 right now, 200,000 of these gold green cards is $1 trillion to pay down our debt.

Howard Lutnick 00:26:40-00:26:47 (7 sec)

And that's why the president is doing it because we are going to balance this budget and we are going to pay off the debt under President Trump.

Question 00:26:47-00:26:54 (7 sec)

And to qualify, do you have to promise and make commitments to create a certain number of jobs here in the US?

Donald Trump 00:26:54-00:27:12 (18 sec)

No. No. Because not all these people are going to be job builders, they'll be successful people or they'll be people that were hired from colleges like -- sort of like paying an athlete a bonus. I mean, Apple or one of the companies will go out and they'll -- they'll spend five, they'll buy five of them and they're going to get five people.

Donald Trump 00:27:12-00:27:36 (24 sec)

Look, I've had the complaint where -- I've had the complaint from a lot of companies where they go out to hire people and they can't hire them out of colleges. And you know what they do? They go back to India or they go back to the country where they came and they open up a company and they they become billionaires.

Donald Trump 00:27:36-00:28:07 (31 sec)

They become -- and they're employing thousands and thousands -- there are a lot of examples. There are some really big examples where they were forced out of the country. Our -- they graduated top of their class at a great school and they weren't able to stay. This is all the time you hear it and the biggest complaint I get from companies other than overregulation, which we took care of, but we're going to have to take care of it here because a lot of that was put back on by Biden, but the biggest complaint is the fact that they can't have any longevity with people.

Donald Trump 00:28:07-00:28:29 (22 sec)

This way, they have pretty much unlimited longevity. Also with the 5 million, you know, that's a path to citizenship. So that's going to be -- it's sort of a green card plus and it's a path to citizenship. We're going to call it the gold card. And I think it's going to be very treasured. I think it's going to do very well and we're going to start selling hopefully in about two weeks.

Donald Trump 00:28:29-00:28:51 (22 sec)

Now, just so you understand, if we sell a million, right, a million, that's $5 trillion, $5 trillion. Howard was using a different number. But that's $5 trillion. If we sell 10 million, which is possible, 10 million highly productive people coming in or people that we're going to make productive, they'll be young, but they're talented, like a talented athlete, that's $50 trillion.

Donald Trump 00:28:51-00:29:13 (23 sec)

That means our debt is totally paid off and we have $15 trillion above that. And now I don't know that we're going to sell that many. Maybe we won't sell many at all. But -- but I think we're going to sell a lot because I think there's -- there really is a thirst. No other country can do this because people don't want to go to other countries.

Donald Trump 00:29:13-00:29:18 (5 sec)

They want to come here. Everybody wants to come here, especially since November 5th.

Question 00:29:18-00:29:22 (3 sec)

Mr. President, how can --

Unidentified 00:29:22-00:29:24 (3 sec)

All these people will be vetted, OK, will be vetted.

Question 00:29:24-00:29:30 (6 sec)

Mr. President, on Ukraine, can you talk a little bit about what type of security guarantees you're willing to make?

Donald Trump 00:29:30-00:29:49 (19 sec)

Well, I'm not going to make security guarantees beyond very much. We're going to have Europe do that because it's in -- we're talking about Europe is their next-door neighbor, but we're going to make sure everything goes well. And as you know, we'll be making a -- we'll be really partnering with Ukraine in terms of rare earth.

Donald Trump 00:29:49-00:30:10 (21 sec)

We very much need rare earth; they have great rare earth. We'll be working with Secretary Burgum and with Chris, you'll be working on that together. And we're going to be able to have tremendous -- I mean, this gives us -- because we don't have that much of it here. We have some, but we don't have that much and we need a lot more to really propel us to the next level of -- to lead in every way.

Donald Trump 00:30:10-00:30:30 (20 sec)

We're leading right now with AI. We're leading with everything right now, but we have to -- we need resources. We have to double our electric capacity; we have to do many things. We have to really triple, if you think of it, the electric capacity from what we have right now, if you can believe it so. So, I'd just say this.

Donald Trump 00:30:30-00:30:50 (20 sec)

So, the deal we're making gets us -- it brings us great wealth, we get back the money that we spent, and we hope that we're going to be able to settle this up. We want to settle it. We want to stop -- I'll tell you what, I'm doing it for two reasons, but the number one reason by far is to watch all these people being killed.

Donald Trump 00:30:50-00:31:12 (21 sec)

I see pictures every week from -- I assume satellite pictures mostly, but there's some pictures on site of thousands of soldiers that are being killed. They're being decimated because equipment today, military equipment is so powerful and so devastating. And number one, I want to see people stop. And they're not from here, they're from primarily two other countries.

Donald Trump 00:31:12-00:31:27 (16 sec)

And then by the way, let's talk about the Middle East. We've got to solve that problem too, and that's come a long way. We're doing very well in that also. A lot of things are happening on that. But I'm watching soldiers being killed, Ukrainian and Russian soldiers being killed. My number one thing is to get that stopped.

Donald Trump 00:31:27-00:31:47 (19 sec)

My number two thing is I don't want to have to pay any more money, because we've -- Biden has spent $350 billion without any chance of getting it back. Now we're going to be getting all of that money back plus a lot more. And we provided a great thing. I mean, we provided something very important and we'll be working with Ukraine.

Donald Trump 00:31:47-00:32:10 (24 sec)

And because we'll be taking that -- we're going to be taking what we're entitled to take. Now, they spent $350 billion, and Europe spent $100 billion. Now does anybody really think that's fair? But then we find out a little while ago, not so long ago, a few months ago I found out that the money they spent, they get back.

Donald Trump 00:32:10-00:32:27 (17 sec)

But the money we spent, we don't get back. I said, well, we're going to get it back and we'll be able to make a deal. And again, President Zelenskyy is coming to sign the deal and it's a great thing. It's a great deal for Ukraine too because they get us over there and we're going to be working over there.

Donald Trump 00:32:27-00:32:48 (21 sec)

We'll be on the land and in that way there's sort of automatic security because nobody's going to be messing around with our people when we're there. And so, we'll be there in that way. But Europe will be watching it very closely. I know that UK has said, and France has said, that they want to put -- they volunteered to put so-called peacekeepers on the site and I think that's a good thing.

Question 00:32:48-00:32:50 (2 sec)

Mr. President, you have been very clear --

Note 00:32:50-00:32:50 ( sec)

[Crosstalk]

Question 00:32:50-00:33:01 (11 sec)

-- the cost of eggs, and we've seen consumer confidence this week have a sharp drop from last month, the biggest dip in I believe three years. Why is that your assessment? Why is that the case? And is there anything --?

Donald Trump 00:33:01-00:33:31 (30 sec)

Well, I think that consumer confidence -- if you look at confidence in the nation, it had the biggest increase in the history of the chart. It went up 42 points in a period of like days after the election, since the election. So, since the election, the confidence in our nation, including Right Track/Wrong Track, the first time it's ever happened where we were on the right track because this country has been on the wrong track for a long time.

Donald Trump 00:33:31-00:33:40 (9 sec)

So, the confidence in business, confidence in the country has reached an all-time high. We have never reached levels like we are right now. OK.

Question 00:33:40-00:33:46 (6 sec)

Mr. President, you've been very clear in saying that as long as you're president, Iran will never get a nuclear weapon.

Donald Trump 00:33:46-00:33:47 (1 sec)

That's true.

Question 00:33:47-00:33:53 (6 sec)

Is it also your policy that as long as you're president, China will never take Taiwan by force?

Donald Trump 00:33:53-00:34:11 (18 sec)

I never comment on that. I don't comment on anything because I don't want to ever put myself in that position. And if I said it, I certainly wouldn't be saying it to you; I'd be saying it to other people [Laughter], maybe people around this table and very specific people around this table. So, I don't want to put myself in that position.

Donald Trump 00:34:11-00:34:30 (19 sec)

But I can tell you what -- I have a great relationship with President Xi. I've had a great relationship with him. We want them to come in and invest. I see so many things saying that we don't want China in this country. That's not right. We want them to invest in the United States. That's good, that's a lot of money coming in and we'll invest in China.

Donald Trump 00:34:30-00:34:47 (18 sec)

We'll do things with China. The relationship we'll have with China will be a very good one. I see all of these phony reports that we don't want their money, we don't want anything to do with them. That's wrong. We're going to have a good relationship with China. But they won't be able to take advantage of us. What they did to Biden was -- he didn't know what was happening.

Donald Trump 00:34:47-00:35:06 (19 sec)

He didn't know what he was doing. The administration didn't know what they were doing. It was very sad to watch. But we're going to have a good relationship with China and Russia and Ukraine and the Middle East. We're doing things that -- look, when I left, we had no wars. We had defeated ISIS totally. We had no inflation.

Donald Trump 00:35:06-00:35:23 (17 sec)

We didn't have the Afghanistan withdrawal, the worst withdrawal anybody's ever seen. I think that's one of the reasons that President Putin looked at that, he said, wow, these guys are a paper tiger, look at it. We're no paper tiger. Don't forget, we got rid of ISIS in three weeks. People said it would take five years.

Donald Trump 00:35:23-00:35:42 (19 sec)

We did it because, when I came in, I let them do what they had to do. And the man that headed that operation is now going to be your chairman, right, chairman of the Joint Chiefs. Yes, sir. And raising Cain, I liked him right from the beginning as soon as I heard his name, I said, that's my guy. OK, any other questions?

Note 00:35:42-00:35:42 ( sec)

[Crosstalk]

Question 00:35:42-00:35:49 (6 sec)

-- decreases in crossings at the border to continue the pause on tariffs against Mexico and Canada? And if that --

Donald Trump 00:35:49-00:35:58 (9 sec)

No, no, I'm not stopping the tariffs, no. Millions of people have died because of the fentanyl that comes over the border.

Question 00:35:58-00:36:03 (5 sec)

[Inaudible] 90 percent drop in border crossings though, that's not compared to about a year ago?

Donald Trump 00:36:03-00:36:20 (18 sec)

Yeah, they've been good, but that's also due to us, mostly due to us. I mean it's very hard, it's right now very hard to come through the border, but the -- look, the damage has been done. We've lost millions of people due to fentanyl. It comes mostly from China, but it comes through Mexico, and it comes through Canada.

Donald Trump 00:36:20-00:36:39 (18 sec)

And I have to tell you that on April 2nd -- I was going to do it on April 1st, but I'm a little bit superstitious. So, I made it April 2nd, the tariffs go on -- not all of them, but a lot of them. And I think you're going to see something that's going to be amazing. We've been taken advantage of as a country for a long period of time.

Donald Trump 00:36:39-00:37:10 (32 sec)

We've been tariffed but we didn't tariff. Now I did when I was here, I tariffed -- we took in $700 billion from China, $700 billion. Not one president in the history of our country took in $0.10 from China. At the same time, China respected us. Now, when COVID came in, that was a different deal. I used to call it the China virus, I guess I could call it the China virus again, but you know, it's an accurate term, but I won't do that out of respect to China.

Note 00:37:10-00:37:10 ( sec)

[Crosstalk]

Question 00:37:10-00:37:12 (1 sec)

-- immigration enforcement?

Donald Trump 00:37:12-00:37:13 (1 sec)

Say it again, what?

Question 00:37:13-00:37:18 (5 sec)

On Gaza, I just wondered if there's any progress towards a second phase of the ceasefire --?

Donald Trump 00:37:18-00:37:45 (27 sec)

Well, I'm very disappointed when I see four -- four bodies came in today. These are young people, young people don't die, OK? Young people don't die. These are young people. Four bodies came in today. They think they're doing us a favor by sending us bodies. So, look, that's -- a decision has to be made by Israel, by Bibi, but Israel has to make that decision.

Donald Trump 00:37:45-00:38:03 (18 sec)

We got a lot of hostages back, but it's very sad what happened to those people. I mean, you had a young lady with her hand practically blown off. You know why it blew up? Because she put up her hand to try and stop a bullet that was coming her way, and it hit her hand and blew off her fingers, big part of her hand.

Donald Trump 00:38:03-00:38:29 (26 sec)

This is a vicious group of people and Israel is going to have to decide what they're doing. Phase one is going to be ending -- think of it, today they sent in four bodies -- bodies. And I will say one thing though, I've spoken to a lot of the parents and a lot of the people involved. They want those bodies almost as much and maybe even just as much as they wanted their son or their daughter.

Donald Trump 00:38:29-00:38:50 (21 sec)

Amazing, please sir, please. My son is dead, but they have his body, please can you get it for us? It's the biggest thing. It's incredible the level they want the bodies of these people, they're dead, they're dead. And when I saw the ones that came in two weeks ago, they looked like they just got out of a concentration camp.

Donald Trump 00:38:50-00:39:10 (19 sec)

Then the following week, a group came in and they weren't as bad, in as bad a shape. But Israel is going to have to make a decision. You're right, phase one and now phase two has started, and today we got some very, very -- we knew they were dead, by the way. We knew they were going to be bodies as opposed to people that were living.

Donald Trump 00:39:10-00:39:18 (8 sec)

But it's a very sad situation. At some point, somebody's going to say we've got to do something about this.

Question 00:39:18-00:39:28 (11 sec)

Mr. President, you were just talking about Afghanistan -- the bots withdraw. Have all the generals or command staff that were involved with the withdrawal been fired or relieved of duty?

Donald Trump 00:39:28-00:39:41 (12 sec)

Well, that's a great idea as far as -- I'm not going to tell this man what to do. But I will say that if I had his place, I'd fire every single one of them, Pete. Pete, that's a very good question.

Pete Hegseth 00:39:41-00:40:07 (26 sec)

Well, it's a question we've thought a lot about. We're doing a complete review of every single aspect of what happened with the botched withdrawal of Afghanistan and plan to have full accountability. It's one of the first things we announced at the Defense Department for that reason, sir. Certainly, General Razin Caine, who's on his way in was not a part of that, instead was a part of leading the effort against ISIS by untying the hands of war fighters and finishing the job properly and then bringing our troops home.

Pete Hegseth 00:40:07-00:40:12 (5 sec)

So we're taking a very different view, obviously, than the previous administration and there will be full accountability.

Donald Trump 00:40:12-00:40:35 (22 sec)

I don't see big promotions in that group. [Laughter] And I think -- I think they're going to be largely gone. I know the man on my left. I think they're going to be largely gone. That was a horrible display. And you know, I've dealt with the parents and the family of the 13 that were killed, but you know nobody ever talks about the 40 that were so badly hurt with the arms and the legs and the face and the whole thing, the missing arms and legs.

Donald Trump 00:40:35-00:40:54 (19 sec)

It was so terrible the way that it was handled and it should have been gone through Bagram. We have a big base with big fences and nobody can get in and you have, you know, hundreds of acres instead of a little local airport where the whole place went crazy. That was so badly handled. And I would think that most of those people are going to be gone.

Question 00:40:54-00:40:56 (2 sec)

Are we going to take Bagram back?

Donald Trump 00:40:56-00:41:24 (29 sec)

So I'll tell you what -- what has bothered me very much, very, very much. We give billions of dollars to Afghanistan. Nobody knows that. Nobody knew that. Did you know we give billions of dollars to Afghanistan? And yet, we left behind all of that equipment, which wouldn't have happened. You know, we were getting out under me. I'm the one that got it down to 5000 people we were going to get out, but we were going to keep Bagram, not because of Afghanistan but because of China.

Donald Trump 00:41:24-00:41:43 (19 sec)

Because it's exactly one hour away from where China makes its nuclear missiles. So we're going to keep Bagram. We were going to keep a small force on Bagram. We're going to have Bagram Air Base, one of the biggest air bases in the world. One of the biggest runways, one of the most powerful runways in the sense that it was very heavy concrete and steel.

Donald Trump 00:41:43-00:42:01 (18 sec)

You could carry about anything -- you could land anything on those runways. We gave it up and you know who's occupying it right now? China. China. Biden gave it up. So we're going to keep that and we're going to have a withdrawal and we're going to take our equipment. We're going to do it properly, we're going to do it very -- we're going to keep the equipment.

Donald Trump 00:42:01-00:42:19 (18 sec)

Well, they ran out. It was -- what happened -- there was -- in fact, you know, in all fairness to Putin when he saw that he said, well, this is our time to go and go into Ukraine, I guess, because it was -- the timing seemed to be about right. But we send them billions of dollars in aid, which nobody knows.

Donald Trump 00:42:19-00:42:44 (26 sec)

If they -- if the American public knew that, they know it now. And if we're doing that, I think they should give our equipment back. And I told Pete to study that. But we left billions, tens of billions of dollars worth of equipment behind. Brand new trucks. You see them display it every year on their little roadway someplace where they have a road and they drive their, you know, waving the flag and talking about America.

Donald Trump 00:42:44-00:43:01 (16 sec)

Beautiful equipment that's all, I mean, the top of the line stuff, brand new stuff. Now it's getting older. But you know what? We're going to pay them. I think we should get a lot of that equipment back. You know that Afghanistan is one of the biggest sellers of military equipment in the world. You know why?

Donald Trump 00:43:01-00:43:25 (25 sec)

They're selling the equipment that we left. We're first. They were second or third. Can you believe it? They're selling 777,000 rifles, 70,000 armor plated, many of them were armor plated trucks and vehicles. 70,000. If you think of a used car lot, the biggest one in the country, if I would say JD, if somebody had 500 cars that would be a lot.

Donald Trump 00:43:25-00:43:33 (8 sec)

This is 70,000 vehicles we had there and we left it for them. I think we should get it back.

Question 00:43:33-00:43:38 (5 sec)

Mr. President, tTe spending bill that passed last night aims to cut $2 trillion.

Donald Trump 00:43:38-00:43:38 (1 sec)

Right.

Question 00:43:38-00:43:42 (4 sec)

Can you guarantee that Medicare, Medicaid, Social Security will not be touched?

Donald Trump 00:43:42-00:44:05 (22 sec)

Yeah, I mean I have said it so many times, you shouldn't be asking me that question. OK. This will not be read my lips. It won't be read my lips anymore. We're not going to touch it. Now, we are going to look for fraud. I'm sure you're OK with that, like people that shouldn't be on, people that are illegal aliens and others, criminals in many cases.

Donald Trump 00:44:05-00:44:21 (16 sec)

And that's with Social Security. We have a lot of people. You see that immediately when you see people that are 200 years old that are being sent checks for Social Security, some of them are actually being sent checks. So we're tracing that down. And I have a feeling that Pam is going to do a very good job with that.

Donald Trump 00:44:21-00:44:25 (4 sec)

But you have a lot of fraud. But no, I'm not -- we're not doing anything on that.

Question 00:44:25-00:44:45 (20 sec)

Mr. President, part of your mission -- -- Mr. President, given the litigation -- -- Sir, part of your mission has been, thank you. I'm sorry, part of your mission has been to restore executive control over the executive branch. Is it your view of your authority that you have the power to call up any one or all of the people seated at this table and to issue orders that they're bound to follow?

Donald Trump 00:44:45-00:44:48 (3 sec)

Oh, yeah. They'll follow the orders. Yes, they will.

Question 00:44:48-00:44:49 ( sec)

No exceptions?

Donald Trump 00:44:49-00:44:56 (8 sec)

No exceptions. Well, let's see. Let me think, oh, yeah. Yeah, she'll have an exception. [Laughter] Of course, no exceptions. You know that.

Question 00:44:56-00:45:03 (7 sec)

Mr. President, can you clarify the Canada-Mexico tariffs? You had put that 30 day pause. You just referred to --

Donald Trump 00:45:03-00:45:05 (2 sec)

-- 25 percent.

Question 00:45:05-00:45:08 (3 sec)

25 percent. When does it go into effect?

Donald Trump 00:45:08-00:45:09 (1 sec)

April 2nd.

Question 00:45:09-00:45:11 (1 sec)

April 2nd for Canada-Mexico.

Donald Trump 00:45:11-00:45:13 (3 sec)

Correct, and for -- and for everything.

Howard Lutnick 00:45:13-00:45:24 (11 sec)

Well, we have the -- the fentanyl related, it's a pause. If they can prove to the president they've done an excellent job, that's what they first do in 30 days --

Question 00:45:24-00:45:25 (1 sec)

-- Have you guys seen any changes --

Howard Lutnick 00:45:25-00:45:38 (13 sec)

-- But then the overall is April 2nd. So the big transaction is April 2nd. But the fentanyl related things, they're working hard on the border. At the end of that 30 days, they have to prove to the president that they've satisfied him to that regard. If they have --

Donald Trump 00:45:38-00:45:40 (1 sec)

-- It's going to be hard --

Howard Lutnick 00:45:40-00:45:42 (3 sec)

-- We're going to give them a pause or he won't.

Donald Trump 00:45:42-00:45:44 (2 sec)

It's going to be hard to satisfy.

Howard Lutnick 00:45:44-00:45:45 (1 sec)

It's up to him to say.

Donald Trump 00:45:45-00:46:07 (22 sec)

We lose 300,000 people a year to fentanyl. Not 100, not 95, not 60 like you read, you know, you've been reading it for years. We lost, in my opinion over the last couple of years, on average maybe close to 300,000 people dead. And the families are ruined. You know, when they lose a daughter, when they lose a son, the families are never the same.

Donald Trump 00:46:07-00:46:23 (17 sec)

You're never going to be the same. So you're talking about a million people. But when the daughters die, I see it, daughters die and the sons die because of fentanyl. And in some cases, I don't even know they're taking it. They -- they're buying something else and it's laced with fentanyl and they end up dying.

Donald Trump 00:46:23-00:46:52 (29 sec)

And I've known many people who have lost children to fentanyl and for other reasons. But to fentanyl, it's such a big killer and those people are never the same people. I mean, I've seen people that for the rest of their lives, they're not the same people. They're so different. It's not even believable. Dynamic people, happy people that are -- they die a miserable death, and that's because of the crap that comes in through China and through Mexico and through Canada.

Donald Trump 00:46:52-00:47:15 (23 sec)

It comes -- a lot of it comes through Canada. The Canada -- look, we support Canada $200 billion a year in subsidies, one way or the other. We let them make millions of cars. We let them send us lumber. We don't need their lumber. We're going to free up our lumber. Lee's going to do that, head of environmental.

Donald Trump 00:47:15-00:47:36 (21 sec)

We're going to free up our lumber. We have the best lumber there is. We don't need their lumber. What do we need their lumber for? When you look at the -- the -- we subsidize them $200 billion a year. Without us, Canada can't make it. You know, Canada relies on us 95 percent. We rely on them 4 percent. Big difference.

Donald Trump 00:47:36-00:47:57 (21 sec)

And I say Canada should be our 51st state. There's no tariffs, no nothing. And I say that, we give them military protection. They have a very small military. They spend very little money on military. On NATO, they're just about last in terms of payment because they say why should we spend on military? That's a tremendous question.

Donald Trump 00:47:57-00:48:26 (29 sec)

Most nations can't afford to even think about it. Why should we spend on military? The United States protects us. And I would say that's largely true. We protect Canada, but it's not fair. It's not fair that they're not paying their way. And if they had to pay their way, they couldn't exist. When I spoke to, let's call the Prime Minister rather than the governor, but when I spoke to him, I said why are we giving you $200 billion a year?

Donald Trump 00:48:26-00:48:47 (21 sec)

He was unable to answer the question. I said why are we letting you make millions of cars and send them in? He was unable to answer the question. Justin Trudeau, nice guy. I think he's a very good guy. I call him Governor Trudeau. He should be governor because the fact is that if we don't give them cars -- we don't have to give them cars.

Donald Trump 00:48:47-00:49:06 (19 sec)

The tariffs will make it impossible for them to sell cars into the United States. The tariffs will make it impossible for them to sell lumber or anything else into the United States. And all I'm asking to do is break even or lose a little bit, but not lose $200 billion. And we love Canada. I love Canada.

Donald Trump 00:49:06-00:49:17 (11 sec)

I love the people of Canada and -- but honestly it's not fair for us to be supporting Canada. And if we don't support them, they don't subsist as a -- as a nation, OK?

Question 00:49:17-00:49:25 (8 sec)

Mr. President, on the EU tariffs -- Mr. President, have you had made a decision on what level you seek on repairs in the European Union?

Donald Trump 00:49:25-00:49:45 (20 sec)

We have made a decision. We'll be announcing it very soon, and it'll be 25 percent, generally speaking. And that'll be on cars and all other things. And European Union is a different case than Canada. A different kind of case. They've really taken advantage of us in a different way. They don't accept our cars.

Donald Trump 00:49:45-00:50:09 (24 sec)

They don't accept, essentially, our farm products. They use all sorts of reasons why not and we accept everything of them and we have about a $300 billion deficit with the European Union. Now, I love the countries of Europe. I guess I'm from there at some point a long time ago, right? But indirectly. But pretty directly too, I guess, but I love the countries of Europe.

Donald Trump 00:50:09-00:50:25 (16 sec)

I love all countries, frankly, all different -- but the European Union's been -- it was formed in order to screw the United States. I mean, look, let's be honest, the European Union was formed in order to screw the United States. That's the purpose of it and they've done a good job of it. But now I'm president.

Question 00:50:25-00:50:28 (3 sec)

What will happen if these countries or the EU retaliate?

Donald Trump 00:50:28-00:50:31 (3 sec)

They can't. I mean, they can try, but they can't.

Question 00:50:31-00:50:35 (4 sec)

China did. They imposed tariffs, sir, that went into effect. China's retaliatory tariffs --

Donald Trump 00:50:35-00:50:37 (2 sec)

-- That's right. That's right, but --

Question 00:50:37-00:50:39 (2 sec)

-- On the 10th of February. Has there been any [Inaudible] --

Donald Trump 00:50:39-00:50:58 (19 sec)

-- That's right. That's right. No, they can do it and they can try, but the numbers can never equal what ours, because we can go off. We are the pot of gold. We're the one that everybody wants and they can retaliate, but it cannot be a successful retaliation because we just go cold turkey. We don't buy anymore.

Donald Trump 00:50:58-00:51:00 (2 sec)

And if that happens, we win.

Question 00:51:00-00:51:03 (4 sec)

Are you talking to Eric Prince about privatizing -- privatizing deportations?

Donald Trump 00:51:03-00:51:04 (1 sec)

No. No, I haven't.

Question 00:51:04-00:51:10 (5 sec)

Mr. President, you're in litigation with CBS News. Is this a case that you'd like to see go to trial or are you open --

Donald Trump 00:51:10-00:51:11 (1 sec)

-- With who?

Question 00:51:11-00:51:12 (1 sec)

CBS. The --

Donald Trump 00:51:12-00:51:13 (1 sec)

-- CBS?

Question 00:51:13-00:51:14 (1 sec)

Yes.

Donald Trump 00:51:14-00:51:44 (30 sec)

Well, CBS did something that was amazing. Kamala was unable to answer a question properly and they took the question that they asked and they inserted an answer. They gave her an answer. This was two days before the election. Right before -- the Sunday night before the election and they wrote out a -- they put her words from another question that was asked about a half an hour later and they put that into the question.

Donald Trump 00:51:44-00:52:05 (20 sec)

Nobody's ever even heard of it before. Nobody's ever heard of anything like this before, but they then did it, they say, on numerous occasions. And the FCC is looking at it very strongly and everybody's looking at it. And -- but nobody's ever seen anything. Think of it. They took her answers and they changed them.

Donald Trump 00:52:05-00:52:24 (19 sec)

And I don't mean they changed a word or two or they cut off a half a sentence or they cut off a couple of words. I mean, I've had that happen too, but that you just say, you know, then they say, well, we want brevity, you know, we wanted to do it by the time. They took out her answer and they inserted an entirely different answer that made her sound competent.

Donald Trump 00:52:24-00:52:36 (12 sec)

And they did this and nobody's ever -- I thought I've heard of everything when it comes to that stuff. No, I've never heard of it. Nobody's ever seen it. So we sued and we are in discussions of settlement.

Question 00:52:36-00:52:39 (3 sec)

What would a number be like -- what's a number that you would think --

Donald Trump 00:52:39-00:53:07 (28 sec)

-- I think it's a lot. [Laughter] I mean, it's -- look. It could have -- it probably did affect the election. I mean, we won by a lot. As I said, too big to rig, but it probably did affect the election. You know, probably could have won by more, but I could have lost the election because of that. It's we have to -- we have to get to honest elections, we have to go back to paper ballots.

Donald Trump 00:53:07-00:53:28 (22 sec)

We have to go back to voter ID, one day election, ideally, or short term. Not these 48 day and 61 day elections where boxes are put in a room and, oh, let's move the boxes because we're putting in a new air conditioning system. Then you see the boxes move and then you say, well, where are all the boxes? You know, what happened to the boxes that never came back?

Donald Trump 00:53:28-00:53:49 (21 sec)

No, our elections are extremely dishonest. We're the only country in the world that has mail in voting and all of these different things that we put in. Nobody -- no other country in the world has it. You know, France went to -- they had some of the things that we had and they went to same day voting all paper.

Donald Trump 00:53:49-00:54:07 (18 sec)

And you know, paper is very sophisticated now. It's a very sophisticated -- it's a very sophisticated form of voting right now. It's a very safe form of voting. You know, the other things for the governors -- I wish the governors would do it because the paper ballots will cost 9 percent of the machines and they're 100 percent.

Donald Trump 00:54:07-00:54:16 (9 sec)

You know, they're -- I don't -- nothing's foolproof, but they're as close as you get. So we'll see what happens, but on the 60 Minute thing, nobody's ever seen anything like it.

Question 00:54:16-00:54:19 (3 sec)

Would you link the FCC action to the litigation [Inaudible] --

Donald Trump 00:54:19-00:54:33 (13 sec)

-- I don't think it's linked, but probably the lawyers look at it, you know, because I know it's going along. FCC is headed by a very competent person and you have some very competent people on the board. And so I think they're looking at it very seriously.

Question 00:54:33-00:54:41 (8 sec)

So of all the deals that you've done in your life, all the people you've sat across from and negotiated with, is President Putin distinct in any way?

Donald Trump 00:54:41-00:55:04 (23 sec)

He's a very smart guy. He's a very cunning person, but I've dealt with some people that -- I've dealt with some really bad people. But I will tell you as far as this is concerned, we've -- you have to understand, he was -- he had no intention, in my opinion, of settling this war. I think he wanted the whole thing.

Donald Trump 00:55:04-00:55:29 (26 sec)

When I got elected, we spoke and I think we're going to have a deal. I can't guarantee that. You know, a deal is a deal. Lots of crazy things happen in deals, right? But I think we're going to have a deal if I didn't get elected, I believe he would have just continued to go through Ukraine. And over a period of time, a lot of people, a lot of people would have been killed, would have lasted for a period of time.

Donald Trump 00:55:29-00:55:41 (12 sec)

And the reason that Ukraine, and I give -- I have great respect for the Ukraine as fighters, they have great fighters, but without our equipment that war would have been over like people said in a very short period of time.

Question 00:55:41-00:55:41 (1 sec)

Is there a time --

Donald Trump 00:55:41-00:55:57 (15 sec)

And if you remember, I gave the javelins and the javelins are the things that knocked out those tanks right at the beginning of the war. They said that -- that Obama at the time gave sheets and Trump gave javelins. Well, I was the one that did that. But I want to see it come to an end.

Question 00:55:57-00:55:59 (2 sec)

Will he have to make concessions, President Putin?

Donald Trump 00:55:59-00:56:23 (24 sec)

Yeah, he will. He will. He's going to have to. And -- and I think -- I believe that because we got elected, that war will come to an end. And I also believe if we didn't get elected, if this administration didn't win the election by a lot, that that war would go on for a long time and he would want to take the whole thing.

Question 00:56:23-00:56:25 (1 sec)

What was your --

Donald Trump 00:56:25-00:56:43 (19 sec)

-- The big -- the big question I had is, does he want to take the whole thing? But the reason -- and the Ukrainians are good fighters I have to say, but without the equipment, without our equipment, we have the best equipment in the world. We have the best military equipment in the world. Without our equipment, that would have been over very quickly.

Question 00:56:43-00:56:47 (3 sec)

What concessions would you like to see? What concessions would you like to see?

Donald Trump 00:56:47-00:57:03 (16 sec)

Oh, I don't want to tell you right now, but I can tell you that NATO, you can forget about. That's been -- I think that's probably the reason the whole thing started. And I think, J.D., we can say that. What -- do you have a statement on that? You've been very much involved. They gave him the beauty.

JD Vance 00:57:03-00:57:31 (29 sec)

They gave me the hardest question, sir. I mean, look, as the president said, we're not going to do the negotiation in public with the American media. He's going to do it in private with the President of -- of Russia, with the President of Ukraine, and with other leaders. And I think that's how this has to go. I think the -- I just want to push back against some of the criticism I've seen of the administration on this because every single time the president engages in diplomacy, you guys preemptively accuse him of conceding to Russia.

JD Vance 00:57:31-00:57:39 (8 sec)

He hasn't conceded anything to anyone. He's doing the job of a diplomat and he is of course the diplomat in chief, as the President of United States.

Question 00:57:39-00:57:44 (5 sec)

On the gold cards, sir, can you talk a little bit more about the vetting process?

Donald Trump 00:57:44-00:57:50 (6 sec)

He'll go through a process. The process is being worked out right now and we're going to be -- we're going to be very careful.

Question 00:57:50-00:57:54 (4 sec)

Will there be restrictions on, for instance, can Chinese nationals, Iranian nationals --

Donald Trump 00:57:54-00:58:04 (11 sec)

-- No, we're not going to restrict -- we're probably not going to be restricting too much in -- in terms of countries, but maybe in terms of individuals. We want to make sure we have people that love our country and are capable of loving the country.

Question 00:58:04-00:58:14 (10 sec)

Is there a process -- there is a measles outbreak in Texas at the moment in which a child is reported to have died. Do you have concerns about that? And have you asked Secretary Kennedy to look into that?

Donald Trump 00:58:14-00:58:18 (3 sec)

Well, why don't we -- Bobby, do you want to speak on that?

Robert F. Kennedy Jr. 00:58:18-00:58:47 (29 sec)

Well, we are following the measles epidemic every day. I think there's 124 people who have contracted measles at this point, mainly in Gaines County, Texas. Mainly, we're told, in the Mennonite community. There are two people who have died. But we are watching it and there are about 20 people hospitalized mainly for quarantine.

Robert F. Kennedy Jr. 00:58:47-00:59:05 (18 sec)

We're watching it. We put out a post on it yesterday and we're going to continue to follow it. Incidentally, there have been four measles outbreaks this year in this country. Last year, there were 16. So it's not unusual. We have measles outbreaks every year.

Question 00:59:05-00:59:08 (3 sec)

You sound a little under the weather yourself.

Robert F. Kennedy Jr. 00:59:08-00:59:10 (2 sec)

I just -- I have a permanently bad throat.

Question 00:59:10-00:59:18 (8 sec)

Mr. President, would you -- would you send US peacekeepers to -- to support this European peace? Would you do any sort of US --

Donald Trump 00:59:18-00:59:20 (2 sec)

-- No, we're going to support Europe, yeah.

Question 00:59:20-00:59:21 (1 sec)

And how would --

Donald Trump 00:59:21-00:59:33 (12 sec)

We're very friendly with Europe. We have a great relationship with Europe. I mean, you could ask -- you could talk about France, you could talk about any of them. I mean, we have a great relationship with Europe.

Question 00:59:33-00:59:36 (3 sec)

But how will we -- how will the United States do that? Would there be --

Donald Trump 00:59:36-00:59:49 (13 sec)

Well, how -- I mean you're asking me a question, what are we doing in -- ? Let's worry -- I hope we have that problem where we can worry about peacekeeping. We've got to get there first. But I hope we have the problem of worrying about peacekeeping that will be the easiest problem I think, J.D., that we've ever had.

JD Vance 00:59:49-00:59:51 (1 sec)

Well, said, sir [Laughter].

Note 00:59:51-00:59:51 ( sec)

[Crosstalk]

Question 00:59:51-00:59:53 (2 sec)

-- go to jail presumably.

Donald Trump 00:59:53-01:00:20 (27 sec)

We'll do it at the time, but we'll -- peacekeeping is very easy. It's making the deal that's very tough. And again, nobody was speaking to Russia at all and probably 1.5 million soldiers have been killed, close to 1.5 million soldiers, not to mention a tremendous -- I will tell you the thing with that horrible war that should have never started -- would have never started if I were president.

Donald Trump 01:00:20-01:00:36 (16 sec)

And it didn't start for four years, and it was not even thought about starting. But the thing with that war is that you're highly underestimating the number of people that have been killed. Far more people have been killed in that war than you talk about. You like to talk about numbers like a million people.

Donald Trump 01:00:36-01:00:55 (19 sec)

Well, they had much more than a million soldiers killed, but you have a lot of cities that have been knocked to the ground. They're demolition sites, literally demolition sites. Every single building is knocked to the ground and a lot of people were killed in those buildings. And you'll hear a report, two people were minorly injured or just injured a little bit.

Donald Trump 01:00:55-01:01:17 (22 sec)

No, no people were killed by the thousands. And there are a lot more people killed in that war than the media wants to talk about, because Biden did a horrible, horrible job. He should have prevented that war. He could have prevented that war. Putin would have never gone in. I'll tell you one thing, he would have never gone in; that war would never have taken place if I were president.

Question 01:01:17-01:01:26 (9 sec)

What people are trying to understand, Mr. President, is how would the United States -- what would you be willing to do to support this European peacekeeping effort? Would there be -- ?

Donald Trump 01:01:26-01:01:40 (14 sec)

Again, you're asking me the same question? How many times do you have to answer? You're talking about after we make peace? Let me make peace first. Once we make peace, I'll give you all the answers you want, but how many times can you ask the same question?

Note 01:01:40-01:01:40 ( sec)

[Crosstalk]

Question 01:01:40-01:01:42 (2 sec)

-- is loosening of sanctions --

Donald Trump 01:01:42-01:01:44 (2 sec)

Yeah, go ahead, behind.

Question 01:01:44-01:01:47 (3 sec)

Is loosening of sanctions on Russia a potential option as part of --

Note 01:01:47-01:01:47 ( sec)

[Crosstalk]

Donald Trump 01:01:47-01:02:08 (21 sec)

Not now, no, no, we have sanctions on Russia. No, I want to see if we make a deal first. But I think we will -- I've had very good conversations with President Putin. I've had very good conversations with President Zelenskyy. And until four weeks ago nobody had conversations with anybody. It wasn't even a consideration.

Donald Trump 01:02:08-01:02:10 (2 sec)

Nobody thought you could make peace, I think you can.

Question 01:02:10-01:02:20 (10 sec)

But if Mr. Putin gets to keep his -- the land that was claimed by force, if the Russians get to keep the territory that they claimed by force, doesn't that send a dangerous message, let's say, to China -- ?

Donald Trump 01:02:20-01:02:39 (19 sec)

OK, you try and take it away, right? [Laughter] We're going to do the best we can. We're going to do the best we can to make the best deal we can for both sides. But for Ukraine, we're going to try very hard to make a good deal so that they can get as much back as possible. We want to get as much back as possible.

Question 01:02:39-01:02:40 (1 sec)

Mr. President, just to bring this -- .

Donald Trump 01:02:40-01:02:43 (2 sec)

We'll cut it out after maybe this question. Go ahead.

Question 01:02:43-01:02:44 (1 sec)

To bring this full circle -- .

Donald Trump 01:02:44-01:02:48 (4 sec)

Unless it's a bad question and then we'll get [Inaudible]. You always like to finish on a good one.

JD Vance 01:02:48-01:02:51 (3 sec)

Sir, they want you to negotiate with them instead of President Putin [Laughter].

Donald Trump 01:02:51-01:03:10 (19 sec)

I know. They want to continue to talk about the peacekeepers. You have a lot of confidence in us because you assume there's going to be peace. You know it's possible it doesn't work out, there is a possibility. But I hope it does for the sake of humanity because, if you look at the pictures that I've looked at, you don't want to look at them.

Donald Trump 01:03:10-01:03:10 ( sec)

Go ahead.

Question 01:03:10-01:03:18 (8 sec)

I had a question back on these cuts to the federal workforce. You mentioned you're interested in doing another round of this email. When would you like to see that? What would be the deadline -- ?

Donald Trump 01:03:18-01:03:34 (16 sec)

I'm not -- I think Elon wants to and I think it's a good idea because those people -- as I said before, they're on the bubble. You've got a lot of people that have not responded. So, we're trying to figure out do they exist? Who are they? And it's possible that a lot of those people will be actually fired.

Donald Trump 01:03:34-01:03:55 (21 sec)

And if that happened, that's OK because that's what we're trying to do this. This country has gotten bloated and fat and disgusting and incompetently run. I think we had the worst president in the history of our country. He just left office. I think he's a disgrace, what he's done to our country by allowing millions of people to come into our country like that.

Donald Trump 01:03:55-01:04:28 (33 sec)

And all of the other things, the inflation which he caused because of energy and stupid spending. To spend hundreds of millions, trillions and trillions of dollars on the green new scam, a total scam. I have the best energy people, the best environmental people in the world around this table and they can't even believe he got away with it. And then in leaving office to send $20 billion here and $20 million there and $10 million and $5 million and they couldn't spend the money fast enough.

Donald Trump 01:04:28-01:04:48 (19 sec)

And let's get it out before Trump gets in, let's just get it out to anybody. This is a disgrace to our nation, and you don't write the fair thing. But look, you know the good news, the people see it and that's why we won the election by so much. Thank you very much, everybody. I appreciate it. Thank you.