President Trump Asked Point Blank If He Is Worried About Counter-Tariffs From The EU

11 hours ago

At an event in the Oval Office on Wednesday, President Donald Trump was asked if he was worried about counter tariffs from the EU.

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Transcript

00:00Any questions

00:19Well, I don't think it looks nervous to me

00:22And if he was nervous, he wouldn't show it. No, I we do have a massive

00:27Deficit with Ireland because Ireland was very smart. They took our pharmaceutical

00:32Companies away from presidents that didn't know what they were doing and you know, it's too bad that happened. It's a

00:39Tremendous job. I give look the Irish is smart. He has smart people and you took our

00:46Pharmaceutical companies and other companies, but you know through taxation and proper taxation

00:51They made it very very good for companies to move over there

00:54And we had presidents and and people that were involved in this that had no idea what they were doing and they lost big segments

01:01of our economy

01:04The European Union treats us very badly

01:07They have for years. I saw that I had it out with him in my first term

01:11it did well, but we had to solve other problems and we did but

01:18European Union's been very tough

01:21And it's our turn to you know, we get a turn at that also, but they have not been fair. They sue our companies and

01:28Win massive amounts of money. They sued Apple won 17 billion dollars and they use that for

01:35Other reasons I guess or to run the European Union, so I'm not knocking it there

01:39they're doing what they should be doing perhaps for the European Union, but it does create ill will and

01:46As you know, we're going to be doing reciprocal tariffs, so whatever they charge us with we're charging them

01:52Nobody can complain about that. Whatever it is. It doesn't even matter what it is

01:56if they charge us if they charge us 25 or

02:0020% or 10% or 2% or 200% then that's what we're charging them and

02:07so I don't know why people get upset about that because there's nothing more fair than that and

02:12We we had a problem with Ontario and they dropped that

02:17When I let them know what we were going to be doing they dropped it immediately

02:21So I'm glad because electricity shouldn't be playing with

02:24Electricity it affects people's lives there. They're

02:27Actually their life. I mean it can affect depending on whether it can affect their life so we can't do that

02:34And it doesn't make sense that our country allows electricity to be made in another country and sold into us

02:40Who did that deal for the United States? Okay, I looked at that long ago, and I said that's not something that's very smart

02:48So we've had a lot of bad trade policies and yet we're doing very well right now

02:55But we're doing well because I won the election if I didn't win the election you would add a very bad

03:01Period I think a lot of the stock market going down was because of a really bad four years that we had

03:07When you look at inflation and all of the other problems that were I mean wars and inflation and so many other problems

03:13But we're gonna have very good years

03:15We're gonna have we had I don't know if you saw a little thing like the cost of eggs

03:19Little to you, but big to people out there down almost 30 percent in the last

03:26Few days we got it down. We did a lot of things

03:29We have a great Secretary of Agriculture and we did a lot of things that got the cost of eggs down very substantially

03:36And so many other things a very big thing that I'm very happy with is oil is down to

03:42$65 a barrel and that's faster than I would have a tear we put on the gas we stepped in the gas in order to

03:48get oil and

03:50What's what's happening? So we're getting that down and when energy comes down prices are going to be coming down

03:56With it. So we're in a very short period of time. We've done a very good job, and I think that

04:03The

04:04Tariffs that we're talking about it again reciprocal

04:07I think that the tariffs there are some cases where they're a little beyond

04:11Reciprocal because you know, we've been abused for a long time as a country. We have been abused really for a long time and

04:18We will be abused no longer. Okay, are you gonna retaliate?

President Trump Asked Point Blank If He Is Worried About Counter-Tariffs From The EU

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