Press Secretary Karoline Leavitt Briefs Members of the Media, Mar. 11, 2025 — Transcript
Full transcript
- 0:00how are
- 0:01you good I let my staff get settled uh
- 0:04there's a lot of news today so I look
- 0:06forward to taking your questions good to
- 0:08see you um and I have some updates for
- 0:10you as well later today president Trump
- 0:12will address the business roundt
- 0:14quarterly meeting where he will tout his
- 0:17progrowth economic agenda and answer
- 0:19questions before more than 100 of our
- 0:21nation's leading CEOs in fact it's the
- 0:24largest attendance ever for this event
- 0:27because Business Leaders are so eager
- 0:29and encouraged by President Trump's
- 0:31return to Washington this follows
- 0:34president Trump's Roundtable yesterday
- 0:36with the technology CEO Council here at
- 0:38the White House where he met with key
- 0:40leaders in the technology industry and
- 0:42last night president Trump also held an
- 0:45official swearing in ceremony in the
- 0:47Oval Office for Shan Karin who is now
- 0:49the 28th director of the United States
- 0:52Secret Service sha demonstrated
- 0:54unbelievable bravery under gunfire in
- 0:57Butler Pennsylvania this past July when
- 0:59an assassin tried to kill President
- 1:01Trump as someone who got to know Shawn
- 1:04personally throughout the campaign last
- 1:05year I can say unequivocally that there
- 1:08is nobody better suited for this
- 1:10important role and following the
- 1:13confirmation of labor secretary Lori
- 1:15Chavez deror last night the Senate has
- 1:17now confirmed 21 of President Trump's
- 1:20well-qualified cabinet level nominees
- 1:22far outpacing the previous
- 1:25administration and looking ahead
- 1:27tomorrow the president will welcome the
- 1:29t-a mial Martin of Ireland for the
- 1:32annual White House White House Shamrock
- 1:35ceremony and Thursday president Trump
- 1:37will welcome the NATO Secretary General
- 1:39for a working meeting and lunch on the
- 1:43economy February's jobs report was good
- 1:45news for America particularly our
- 1:48manufacturing sector the manufacturing
- 1:51sector gained 10,000 new jobs in just
- 1:53one month under President Trump this
- 1:56rebound was led by the automobile sector
- 1:58where we saw nine ,000 new auto jobs
- 2:01created already that is the most Auto
- 2:04jobs added to the economy in 15 months
- 2:07this was a complete turnaround from the
- 2:09Biden Administration where we were
- 2:11losing an average of 9,000 manufacturing
- 2:14jobs per month last year Reuters is out
- 2:17with a report that a number of companies
- 2:19are now looking at expanding their
- 2:21presence or bringing their businesses
- 2:23into America because of President
- 2:25Trump's policies and just moments ago
- 2:27before coming out here I saw another
- 2:29report by Reuters uh revealing that MC
- 2:32has opened a $1 billion facility at its
- 2:35North Carolina site this is just the
- 2:37latest pharmaceutical company to boost
- 2:40its us Manufacturing in lie of President
- 2:42Trump's tariffs this announcement
- 2:44follows Eli Lily's plans to invest at
- 2:47least 27 billion to build four new
- 2:49manufacturing plants here in the United
- 2:51States and fizer has also said it's
- 2:53considering moving their manufacturing
- 2:56overseas right here to the United States
- 2:58of America as the president has said
- 3:01over and over again when we purchase
- 3:04products made in the USA the profits
- 3:06stay here the revenue stays here and
- 3:08most importantly the jobs stay here and
- 3:11despite the globalist mainstream media's
- 3:13attempts to worry consumers president
- 3:15Trump will not repeat the trend of past
- 3:18American presidents who broke their
- 3:19Promises to the American public and
- 3:21smiled while they stuck a knife in the
- 3:23back of American workers and shipped
- 3:26their jobs overseas our country has lost
- 3:29more than 5 million jobs in more than
- 3:31990,000 factories due to devastating
- 3:34globalization over the last three
- 3:36decades alone North Carolina lost
- 3:39300,000 manufacturing jobs including 60%
- 3:42of its furniture manufacturing jobs in
- 3:45the Years following NAFTA and in
- 3:47Michigan globalist policies destroyed
- 3:50250,000 jobs including 40% of the Auto
- 3:53industry which again we know is clawing
- 3:56back because of President Trump's action
- 3:58already these are harrowing statistics
- 4:00that represent countless towns and
- 4:02families who have been completely
- 4:04destroyed but the America last globalist
- 4:07era is ending under President Trump he
- 4:10will no longer allow our country and our
- 4:12workers our hardworking American
- 4:14families to be ripped
- 4:16off on another very important uh issue
- 4:19for the president he continues to work
- 4:21hard to secure the Border if you missed
- 4:24it yesterday CBP launched an enhanced
- 4:26home mobile app with a new feature the
- 4:29intent to depart which offers unlawfully
- 4:32present aliens or those aliens whose
- 4:34parole has been revoked an orderly and
- 4:37defined process to notify the US
- 4:39government of their intent to depart the
- 4:41country the CVP home app strengthens our
- 4:44mission to secure the border and
- 4:46provides illegal aliens with a
- 4:48straightforward way to leave now before
- 4:51facing much harsher consequences later a
- 4:54new report from Bloomberg just found
- 4:56that the number of aliens trying to
- 4:58reach our country by traveling through
- 5:00the jungle to Central America dropped a
- 5:02whopping
- 5:0499% last month and this follows the
- 5:07incredible news that illegal border
- 5:09crossings plummeted last month as well
- 5:11down
- 5:1294% at our Southern border from last
- 5:15February under the Biden
- 5:17Administration as president Trump made
- 5:20clear during his historic address to
- 5:21Congress we must finish this job and
- 5:24continue to carry out the largest
- 5:26deportation campaign in American history
- 5:29in that is why the president fully
- 5:31endorses the continuing resolution that
- 5:33is before Congress and was negotiated by
- 5:36Speaker Johnson he is encouraging all
- 5:38Republicans to vote Yes on this clean CR
- 5:42which freezes funding at current levels
- 5:44and will prevent the Democrats from
- 5:46getting their long-awaited government
- 5:47shut down voting against the CR will
- 5:50hurt the American people and kill the
- 5:52incredible momentum that President Trump
- 5:54has built over the past 51 days and
- 5:58lastly before I take questions I would
- 6:00like to commend The Washington Post who
- 6:02I believe is in the room today according
- 6:04to a new report from axios The
- 6:06Washington Post is overhauling their
- 6:08Newsroom structure it appears that the
- 6:11mainstream media including the post is
- 6:12finally learning that having disdain for
- 6:15more than half of the country who
- 6:16supports this President does not help
- 6:18you sell newspapers it's not a very good
- 6:20business model and that's why we have
- 6:23people in our new media seat and today
- 6:25we have sarar anetti who is the host of
- 6:27breaking points a popular iCal YouTube
- 6:30news and podcast show that has racked up
- 6:32nearly 1 billion views on YouTube
- 6:35several hundred million podcast
- 6:36downloads since its launch in June 2021
- 6:39he's also a former member of the White
- 6:41House correspondence Association but is
- 6:43now a part of the thriving Independent
- 6:45Media we're very happy to have you with
- 6:47us here today why don't you kick off our
- 6:49briefing thank you really really
- 6:50appreciate you having me Caroline couple
- 6:53of questions for you if I may first is
- 6:55first on the stock market So currently
- 6:57it's the 25th anniversary to day of the
- 7:00bubble crash uh there's a lot of concern
- 7:03for a lot of Americans right now about
- 7:04the state of the economy president Trump
- 7:06has refused to rule out a recession
- 7:08secretary lutnick however has told us
- 7:10there will not be one so can the White
- 7:12House just tell and assure Americans
- 7:13today that there's not going to be a
- 7:15recession well there's a lot to unpack
- 7:17there so let me start by saying that
- 7:18first of all when it comes to the stock
- 7:20market the numbers that we see today the
- 7:22numbers we saw yesterday the numbers we
- 7:23saw see we'll see tomorrow are a
- 7:25snapshot of a moment in time and as
- 7:28president Trump has said and and I'm
- 7:29here to Echo the remarks of of this
- 7:31President of this white house we are in
- 7:33a period of economic transition we are
- 7:36in a period of transition from the mess
- 7:39that was created under Joe Biden in the
- 7:41previous administration Joe Biden left
- 7:43this country in an economic disaster
- 7:46several statistics to point out the
- 7:48delinquency rate on credit card loans
- 7:50increased 63% under Joe Biden hitting a
- 7:53near 12year High under Joe Biden all net
- 7:56job growth went to foreign born
- 7:58Americans real wages declined by 1 and
- 8:01half% under Joe Biden and as we all know
- 8:04in this Administration continues to
- 8:05combat prices soared more than 20% under
- 8:09Joe Biden because of his Reckless
- 8:11spending and economic policies so we are
- 8:13in a period of transition from that
- 8:15economic nightmare under a president who
- 8:17had no idea what he was doing never held
- 8:19the private sector job in his life into
- 8:22a golden age of American manufacturing
- 8:24under a businessman and a dealmaker and
- 8:26Chief and president Donald J Trump who
- 8:29will be implementing is implementing the
- 8:32formula that we know Works look at
- 8:34president Trump's results in his first
- 8:36term if people are looking for certainty
- 8:38they should look at the record of this
- 8:40President that's why the American people
- 8:42reelected him back to this office and
- 8:44look at everything that President Trump
- 8:46has already done and his team has
- 8:47already done in just 51 days the massive
- 8:50efforts to deregulate tax cuts which we
- 8:53need Congress to pass the Trump economic
- 8:56agenda the Trump tax cuts which will
- 8:58unleash econom iic growth and the
- 9:00President also addressed this directly I
- 9:02will point out as well uh when you look
- 9:04at what he said on Air Force One uh and
- 9:07he said he wants the American people to
- 9:08have so much money in their pockets they
- 9:10don't even know what to do with it
- 9:12that's the intent of this Administration
- 9:13and we're working very hard every day on
- 9:15that goal second question on the CR so
- 9:17president Trump came out today in a
- 9:19primary challenge against Congressman
- 9:21Thomas Massie Congressman massie's been
- 9:22a supporter of Doge he's been a
- 9:24supporter of make America healthy again
- 9:26what kind of message is this White House
- 9:28sending against a congressman who's
- 9:30sticking up for principles that he's
- 9:31long held um in the chamber and voting
- 9:34against continuing resolution and it's
- 9:35pending I think the president has made
- 9:37it very clear that he believes it's
- 9:39critical uh for conservatives and
- 9:41Republicans and frankly all members of
- 9:43Congress to get behind this continuing
- 9:45re re resolution to keep the government
- 9:47funded the president wants to continue
- 9:49the momentum that he has built over the
- 9:52last 51 days uh in order to keep the
- 9:54government funded we got to keep moving
- 9:56with these deportations um and he
- 9:58believes that everybody needs to get on
- 9:59board with this bill he's been active in
- 10:01this process he's been making calls to
- 10:03get this over the finish line and we're
- 10:05urging every Republican and Democrats
- 10:07too uh to do what's right for the
- 10:09American public to prevent a government
- 10:11shutdown just a last question here on
- 10:12Mahmud Khalil does the administration
- 10:14believe that it needs to charge a green
- 10:16card holder with a crime to be eligible
- 10:19for deportation well uh in fact
- 10:22secretary rub re Rubio uh reserves the
- 10:25right to revoke the Visa of mmud Khalil
- 10:28and I'm glad you brought this up under
- 10:30the immigration and nationality act the
- 10:32secretary of state has the right to
- 10:34revoke um a green card or a Visa for
- 10:37individuals who serve um or are
- 10:40adversarial to the foreign policy and
- 10:42National Security interests of the
- 10:43United States of America and mmud khil
- 10:46was an individual who was given the
- 10:48privilege of coming to this country to
- 10:50study at one of our nation's finest
- 10:53universities and colleges uh and he took
- 10:56advantage of that opportunity of that
- 10:58privilege by fighting with terrorists
- 11:00Hamas terrorists who have killed
- 11:02innocent men women and children this is
- 11:05an individual who organized group
- 11:07protests that not only disrupted uh
- 11:10college campus classes and harassed
- 11:12Jewish American students and made them
- 11:14feel unsafe on their own college campus
- 11:17but also distributed pramas propaganda
- 11:20Flyers with the logo of Hamas that is
- 11:23what the behavior and activity that this
- 11:25individual engaged in and I have those
- 11:28flyers on my desk they were provided to
- 11:30me by the Department of Homeland
- 11:31Security I thought about bringing them
- 11:33into this briefing room to share with
- 11:34all of you but I didn't think it was
- 11:36worth the Dignity of this room to bring
- 11:38that pramas propaganda but that's what
- 11:40this individual distributed on the
- 11:42campus of Columbia University and this
- 11:44Administration is not going to tolerate
- 11:46individuals having the privilege of
- 11:48studying in our country and then siding
- 11:50with pro-terrorist organizations that
- 11:52have killed Americans we have a zero
- 11:55tolerance policy for siding with
- 11:57terrorists period Peter D
- 12:00Thank You Caroline uh so you said that
- 12:02the Dow dropping and dropping and
- 12:04dropping is a period of transition
- 12:06you're sure nobody here at the White
- 12:07House short of the
- 12:09D no I don't think so okay uh but is
- 12:13there any concern here that it's going
- 12:15to be harder to ask uh certain federal
- 12:18workers to retire if they look at their
- 12:21retirement accounts and they're getting
- 12:24ropped every day well I'm glad you
- 12:26brought up workers because that's
- 12:27exactly who president Trump is looking
- 12:29out for with his America First Trade
- 12:32policy and his America First economic
- 12:34agenda and if you look at uh there's
- 12:37great indication to be optimistic about
- 12:40where the economy stands and the
- 12:41American people investors CEOs small
- 12:44business owners but most importantly
- 12:46workers should bet on President Trump
- 12:48because his tariff policies what he
- 12:50envisions is reciprocity fa Fair Trade
- 12:53Practices where American workers are put
- 12:56first and are no longer ripped off by
- 12:57foreign countries all over this world
- 12:59president Trump says he's going to buy a
- 13:01Tesla today did he buy it and when is
- 13:05the last time he drove a car that's a
- 13:08very good question I have heard the
- 13:09president remark that he misses being
- 13:11able to drive that luxury of driving his
- 13:13own vehicle although the Beast is nice
- 13:16but he is going to be viewing a Tesla
- 13:18that is making its way to the White
- 13:20House complex now I can confirm uh
- 13:22perhaps the Press pool today will have
- 13:24an opportunity to witness this uh very
- 13:26exciting moment later this afternoon um
- 13:29but Tesla Tesla is on its way here now
- 13:32and we'll see if the president likes it
- 13:35when he checks it out so they're
- 13:36bringing him a Tesla to look at and if
- 13:38he likes it he's just going to buy no
- 13:40he's intent on he's uh definitely going
- 13:43to buy one but he'll take a look at it
- 13:44when it gets here later this afternoon
- 13:46full
- 13:46retail yes full market price Kelly can
- 13:50we talk about Canada uh what is the
- 13:53status of President Trump having a
- 13:54conversation with Mark Carney uh we have
- 13:57seen the president use the term Governor
- 13:59to refer to Justin Trudeau will that
- 14:01moniker also go to Mr Carney going
- 14:04forward and is the decision to
- 14:07increase the tariffs is that based on a
- 14:10specific economic metric that he looked
- 14:12at is it impulse how would you describe
- 14:15his reaction to candidates the president
- 14:17has not yet spoken to Mr Carney not till
- 14:20um not since I checked which was just
- 14:22moments ago um but certainly his phone
- 14:25is always open um to to leaders who wish
- 14:28to speak with him as for the tariffs the
- 14:30president made his position on this
- 14:32quite clear with the statement that he
- 14:34put out um and it was a retaliatory
- 14:37statement due to the escalation of
- 14:39rhetoric that we've seen out of Ontario
- 14:41Canada uh the president saw the premier
- 14:43Doug Ford make an egregious and
- 14:46insulting comment threatening to shut
- 14:48down electricity for the American people
- 14:51for hardworking American families uh he
- 14:53made that threat the president saw that
- 14:55and has an obligation and a
- 14:57responsibility um to respond um
- 15:00accordingly uh and in and represent the
- 15:02interests of the American people so he
- 15:04has made the decision to add a 25%
- 15:06tariff uh so now steel and aluminum
- 15:09tariffs will come into effect tomorrow
- 15:11at the rate of 50% and our steel and
- 15:14aluminum Industries have have actually
- 15:16applauded these tariffs because again
- 15:18they know it's going to grow their
- 15:19industry here it's going to allow them
- 15:21to export more steel that is made right
- 15:24here in the United States with American
- 15:26workers egregious and insulting are your
- 15:29words here but that's what many Canadian
- 15:30leaders have said about the actions
- 15:32president Trump has taken toward Canada
- 15:34and what do you think the timeline is
- 15:36for speaking to Mr Carney because
- 15:37normally the Pres a a sitting president
- 15:40speaks to a close Ally very quickly when
- 15:42there's uh new leadership well the
- 15:44president uh is again responding to the
- 15:47fact that Canada has been ripping off
- 15:49the United States of America and
- 15:51hardworking Americans for decades if you
- 15:54look at the rates of tariffs across the
- 15:56board that Canadians have been imposing
- 15:58on the American people and our workers
- 16:00here it is egregious in fact I have a
- 16:03handy dandy chart here uh that shows not
- 16:05just Canada uh but the rate of tariffs
- 16:08across the board if you look at Canada
- 16:09since you brought it up American cheese
- 16:11and butter nearly 300% tariff you look
- 16:15at uh India 150% tariff on American
- 16:19alcohol you think that's helping
- 16:20Kentucky bourbon be exported into India
- 16:23I don't think so 100% tariff on
- 16:25agricultural products from India look at
- 16:27Japan tariffing rice
- 16:30700% president Trump believes in
- 16:32reciprocity and it is about dang time
- 16:35that we have a president who actually
- 16:37looks out for the interests of American
- 16:39businesses and workers and all he's
- 16:41asking for at the end of the day are
- 16:43fair and balanced Trade Practices and
- 16:45unfortunately Canada has not been
- 16:47treating uh us fa uh very fairly at all
- 16:50over the past several decades to the
- 16:52woman in the purple because I saw you
- 16:54were making a face at my previous uh
- 16:56answer so what's going on
- 17:00well I actually I I have a couple
- 17:02questions um at the core of prop
- 17:05Palestinian protests on college campuses
- 17:07and elsewhere is a demand to end the war
- 17:09on Gaza a goal that this Administration
- 17:12actually supports and has pursued so why
- 17:14did why has not has this not been
- 17:17acknowledged or highlighted even because
- 17:19these colleges uh in these protests have
- 17:21again uh put out Hamas propaganda the
- 17:25Flyers that have been distributed call
- 17:28for violence the Flyers that have been
- 17:30distributed have the logo of an
- 17:32organization that has held Americans
- 17:34hostage that murdered innocent babies
- 17:37that murdered men women and children
- 17:39they are a designated foreign terrorist
- 17:42organization and we are not going to
- 17:44tolerate non-citizens foreigners who
- 17:47come here on a Visa uh engaging in such
- 17:50Behavior siding with terrorists and the
- 17:52Secretary of State reserves the
- 17:54authority to revoke uh the the green
- 17:57card or the Visa of an individual who
- 18:00serves as an um who actually it says
- 18:03right here reasonable grounds to believe
- 18:05that the aliens presence or activities
- 18:07in the United States would have
- 18:08potentially serious adverse foreign
- 18:11policy consequences to the United States
- 18:13and I think citing with Hamas makes that
- 18:16quite clear secretary Rubio exercised
- 18:18that Authority uh and we fully believe
- 18:20that we are going to move forward with
- 18:22more arrests as president Trump
- 18:24previewed in his statement
- 18:25yesterday thanks go ahead so are there
- 18:28conversations between the administration
- 18:30and the Canadians going on over this
- 18:32tariff because the Ontario Premier says
- 18:34the next step is to cut off electricity
- 18:36to the US and the president put out a
- 18:38statement after seeing those comments
- 18:40and said that it would be uh there would
- 18:43be grave consequences imposed on Canada
- 18:46if they think about shutting off
- 18:47electricity for the United States of
- 18:49America and our citizens and the
- 18:51president is also um determined to
- 18:54ensure that we are depending on American
- 18:56electricity not the electricity
- 18:59production of foreign Nations including
- 19:01our allies in Canada as for
- 19:03conversations there is continued
- 19:05correspondence between um the
- 19:06president's team particularly secretary
- 19:09letnik and the Canadians as well and in
- 19:11the market reaction how do you how do
- 19:13you sell to the American people then
- 19:14after they looking at what's happening
- 19:16in the markets this week and say that
- 19:18the Tariff policy long term is something
- 19:20good well just think about what the
- 19:22Tariff policy longterm will do for our
- 19:24country I think uh many of us probably
- 19:27grew up in small towns I know at least
- 19:28at least I did in the main street in my
- 19:30small town looks a heck of a lot worse
- 19:32than it probably did decades ago before
- 19:34I was alive at least my parents and
- 19:36grandparents tell me so and I know many
- 19:38Americans feel that same way what the
- 19:40president envisions for this country is
- 19:42for the United States of America to be a
- 19:44manufacturing superpower uh where there
- 19:47are American factories and businesses
- 19:49owned by Americans producing Goods that
- 19:51we are exporting to the rest of the
- 19:53world those revenues will stay here it
- 19:55will increase wages for people here in
- 19:57our great country it will ensure our
- 20:00national security and it will boost the
- 20:02morale of the American people to have
- 20:04thriving Industries again think about
- 20:06Detroit Michigan um think about North
- 20:08Carolina as I mentioned that used to
- 20:10have a thriving Furniture industry that
- 20:11no longer exists because of the
- 20:13globalist trade policies of previous and
- 20:16past administrations and the American
- 20:18people gave the president an a
- 20:20tremendous opportunity to restore
- 20:22American greatness and uh restore our
- 20:25manufacturing dominance and he's intent
- 20:27on doing just that
- 20:29John Caroline two questions for you
- 20:31first on the CR you put up on the screen
- 20:33the president's message to Republicans
- 20:36to support this continuing resolution is
- 20:38there Outreach to Democrats because what
- 20:41we've seen since the beginning of the
- 20:42fiscal year is that in order to get a
- 20:45continuing resolution you need
- 20:47bipartisan support and you need
- 20:48compromise well right now uh we are
- 20:51focused on House Republicans and on the
- 20:53house because that's the first step as
- 20:54you know John uh and so the president
- 20:56has engaged in correspondence with House
- 20:58Republicans um whipping votes and
- 21:01getting them to a yes which I uh
- 21:03understand has been pretty successful
- 21:04this morning thus far um and so again
- 21:07the president is encouraging Republicans
- 21:09especially but again as I said all
- 21:11members of Congress to vote to continue
- 21:14funding this government so we can
- 21:15continue the business of the American
- 21:17people which elected president Trump to
- 21:19do and then on financial markets we've
- 21:21seen this decline yesterday we see it
- 21:23today as well it seems that the read on
- 21:28the president policies in is one in
- 21:30which they do not have confidence in his
- 21:32trade tariffs policy they do not have
- 21:35confidence in what the president said to
- 21:36Fox News over the weekend that he didn't
- 21:39rule out the idea of a recession what is
- 21:41your read in terms of the decline that
- 21:43we've seen over the last week and a half
- 21:46in financial markets well I think
- 21:48there's actually a lot of reason to be
- 21:50confident and many people do feel
- 21:51confident just look at the nearly $2
- 21:53trillion in private investment that this
- 21:56president has secured look at the
- 21:58comments made by the CEO of Apple one of
- 22:01the biggest companies in this world who
- 22:03said that he is bullish on the future of
- 22:06American innovation under the leadership
- 22:08of President Trump look at CEO
- 22:10confidence according to the conference
- 22:12board measure of CEO confidence in q1
- 22:152025 under the leadership of this
- 22:17President it jumped to its highest level
- 22:19in three years from cautious optimism to
- 22:22confident optimism um if you again look
- 22:25at the $2 trillion in investments from
- 22:27some of the biggest companies in the the
- 22:28world look at the jobs report last
- 22:30Friday as I also cited in my opening
- 22:33remarks uh Fox Business reported that
- 22:35Trump sees a manufacturing boom in first
- 22:38F's jobs report of his second term look
- 22:40at the auto jobs that have already
- 22:42poured back into America we added 9,000
- 22:45new auto jobs those are sticky jobs
- 22:47those are good paying jobs that's 9,000
- 22:50American families who will now be able
- 22:52to live the American dream because of
- 22:54the policies of this Administration you
- 22:56also look at small business optimism the
- 22:58NFI B put out a report this morning
- 23:00small business optimism uh continues to
- 23:03be far higher than it ever was under the
- 23:05previous administration there's a lot of
- 23:07reason to be optimistic and again the
- 23:09American people uh CEOs and people on
- 23:12Wall Street and on Main Street should
- 23:13bet on this President he is a dealmaker
- 23:16he is a businessman and he's doing
- 23:18what's right for our country he wants to
- 23:20restore wealth to the United States of
- 23:22America uh Michael good to see you hey
- 23:25Caroline thank you uh two questions if I
- 23:27may uh will the administration be
- 23:29providing any relief to States affected
- 23:32by the Ontario power tarff uh well the
- 23:34president has made it very clear that
- 23:36Canada would be very wise not to shut
- 23:38off electricity uh for the American
- 23:41people uh and we hope that that does not
- 23:43happen as for what would happen uh if
- 23:45that does take place I'll leave it to
- 23:47the president to make those decisions
- 23:49does President Trump share the Justice
- 23:50Department's concern over Rising egg
- 23:53prices and possible collusion of big
- 23:56egg well we definitely
- 23:59we definitely do share the concerns of
- 24:01the American people when it comes to um
- 24:04the price of eggs however good news the
- 24:06average cost of a dozen eggs is actually
- 24:08down um since secretary Rollins and
- 24:10president Trump announced their plan
- 24:12it's down a185 so that's good news on
- 24:15the cost of eggs and as we know under
- 24:18the Biden Administration egg prices went
- 24:20up
- 24:2122% this is another example of an
- 24:23economic mess that President Trump
- 24:25inherited and the secretary of
- 24:27agriculture and the president presid are
- 24:28focused on fixing it secretary Rollins
- 24:31put out a fivepoint plan a four-point
- 24:33plan rather um to address this crisis
- 24:36and she has been honest and realistic
- 24:38with the American people as this
- 24:39Administration always is it will take
- 24:41about 3 to six months to get the egg
- 24:43supply back to where it should be um but
- 24:45she's focused and this Administration is
- 24:47focused on doing that every day Karen
- 24:50thanks Caroline um just back on the
- 24:51market you said that that what we're
- 24:53seeing this week right now on Wall
- 24:54Street is a snapshot of a moment in time
- 24:56but does the president think he bears
- 24:58any responsibility for the turmoil in
- 25:00the stock market this week look the
- 25:02president uh is unwavering in his
- 25:04commitment to restore American
- 25:06Manufacturing in global dominance uh and
- 25:08I think he doubled down on that this
- 25:10morning with his new statement uh and
- 25:12the tariffs that will be implemented
- 25:14tomorrow on steel and aluminum um and he
- 25:17has said recently he's not looking at
- 25:19the market he said you can't really
- 25:21watch the stock the stock market but all
- 25:22of the gains since election day have
- 25:24been erased in the S&P 500 at what point
- 25:27how far do stocks have to fall fall
- 25:28before the president considers it a
- 25:30factor and and changes course again as I
- 25:32just said the president will look out
- 25:34for Wall Street and for Main Street just
- 25:36like he did in his first term and uh
- 25:38people on Wall Street and Main Street
- 25:39should bet on this president he's doing
- 25:41what's right for this country Nick good
- 25:43to see you good to see thank you
- 25:45Caroline so um is the president prepared
- 25:47like what we saw with Congressman Massie
- 25:50to um uh pressure other Republican
- 25:53lawmakers into supporting this
- 25:55continuing resolution well he is very
- 25:57much as I that engaged in this process
- 25:59he's been making calls to lawmakers on
- 26:01Capitol Hill uh and I think his
- 26:03statements against uh Congressman Massie
- 26:05speak for themselves um and I will let
- 26:08the president put out any additional
- 26:09statements if he chooses to but he fully
- 26:11expects all House Republicans to vote
- 26:14for this continuing resolution and just
- 26:15to follow up can we uh start to
- 26:17anticipate seeing more of the President
- 26:20weigh in on upcoming 2026 races like we
- 26:23saw this morning um I'm not sure about
- 26:26that I'm not even sure if I'm allowed to
- 26:27speak about that from this Podium U I
- 26:29would check in with our outside
- 26:31political team for guidance on future
- 26:33races and the president's involvement
- 26:35Elena thank you I want to ask about some
- 26:37comments Elon Musk yesterday made
- 26:39yesterday he said that there is 500 to
- 26:41700 billion dollars in waste and fraud
- 26:44and entitlement spending he called it
- 26:46quote the big one to eliminate earlier
- 26:49this month he also referred to Social
- 26:50Security as a Ponzi scheme should
- 26:52Americans expect changes big changes to
- 26:55Social Security and Medicare president
- 26:57Trump has been unequivocally clear on
- 26:59this he is going to protect Social
- 27:01Security and Medicare benefits and
- 27:03Medicaid uh for hardworking Americans
- 27:05who paid into these entitlement programs
- 27:08and deserve those hard-earned benefits
- 27:10and unfortunately the mainstream media
- 27:11has taken Mr musk out of context I saw a
- 27:14Bloomberg headline that our team
- 27:16actually worked on getting updated and
- 27:18fixed because it was so wrong uh and it
- 27:21took Mr M musk out of context what he
- 27:23was specifically referring to cutting uh
- 27:25was the waste and the Fraud and Abuse
- 27:27that does exist in these programs
- 27:30according to an IG report from the
- 27:31Social Security Administration there's
- 27:33more than $70 billion of fraud in the
- 27:36Social Security program Al alone that we
- 27:38know of um and so the president will
- 27:40continue to protect these programs for
- 27:42hard working Americans and actually
- 27:44cutting the waste Fraud and Abuse out of
- 27:45these programs will protect it for
- 27:47hardworking Americans respectfully he
- 27:49said around 500 to 700 billion dollars
- 27:52there was no evidence to claim that and
- 27:54also if that is the casee that would
- 27:56represent more than a third of
- 27:58what Social Security paid out last year
- 28:00maybe 20% of Social Security and
- 28:02Medicare again if you read his full
- 28:03quote he said we think so it's an
- 28:06estimate based on what he's seing he's
- 28:08not saying definitively he's saying
- 28:09that's what Doge suspects and thinks and
- 28:12that's exactly why Doge was created to
- 28:15ensure that we are investigating the
- 28:17fraudulent spending the wasteful abuse
- 28:19across our federal government and I
- 28:22would remind everybody in this room that
- 28:2377% of the American people support this
- 28:26effort by Elon Musk in and Doge to
- 28:28identify such waste Fraud and Abuse go
- 28:30ahead thanks Caroline for you're welcome
- 28:33um if we could just step back for a
- 28:34second when President Trump last
- 28:36addressed the brt when he was on the
- 28:38campaign Trail his big push was on tax
- 28:41cuts he's going there today as he's
- 28:43proposing tax hikes in the form of
- 28:46tariffs and I'm curious why he's
- 28:48prioritizing that over the tax cuts he's
- 28:51actually not implementing tax hikes uh
- 28:54tariffs are a tax hike on foreign
- 28:56countries that again have been ripping
- 28:58us off tariffs are a tax cut for the
- 29:01American people and the president is a
- 29:03staunch advocate of tax cuts as you know
- 29:06he campaigned on no taxes on tips no
- 29:08taxes on overtime no taxes on Social
- 29:11Security benefits he is committed to all
- 29:13three of those things and he expects
- 29:15Congress to pass them later this year
- 29:17I'm sorry have you ever paid a tariff
- 29:18because I have they don't get charged on
- 29:21foreign companies they get charged on
- 29:23the importers and ultimately when we
- 29:25have fair and balanced trade which the
- 29:27American people have not seen in decades
- 29:30as I said at the beginning uh revenues
- 29:32will stay here wages will go up and our
- 29:35country will be made wealthy again and I
- 29:37think think it's insulting that you are
- 29:38trying to test my knowledge of Economics
- 29:41uh and the the decisions that this
- 29:42president has made I'm now regret giving
- 29:45a question to the Associated Press Mary
- 29:47go ahead carine I have two of those okay
- 29:49the first one was on Russia Ukraine I
- 29:52know special Envoy wiov said yesterday
- 29:54that uh zinsky apologized in his letter
- 29:56to Trump can you sh share any more about
- 29:58that letter and what else might be
- 30:00interesting from it that we don't know
- 30:01yes the president did reference that
- 30:03letter as you're saying uh in his joint
- 30:05address to Congress um and I do have an
- 30:08update um as you know Secretary of State
- 30:10Rubio and our national security adviser
- 30:12Mike Waltz have been negotiating with
- 30:14the ukrainians uh today in Saudi they
- 30:16will be providing a full readout of that
- 30:18meeting uh very soon um but I can assure
- 30:22you and everybody here and the American
- 30:24people that the news we've received from
- 30:25that meeting throughout the day and the
- 30:27president has been Brea on um is
- 30:29positive this meeting has been
- 30:30productive I will let Secretary of Rubio
- 30:33and our national security Secretary of
- 30:35State Rubio and our national security
- 30:36adviser um speak to the specifics of
- 30:39what has taken place today when they are
- 30:40ready to do so when the meeting
- 30:41concludes Lindsay go
- 30:46ahead uh the president has said this is
- 30:48the first of many arrests like this does
- 30:51the administration have a rough estimate
- 30:53of how many arrests you're planning to
- 30:55make similar I don't have an estimate I
- 30:57do know that DHS based on very good
- 31:00Intel that they have gathered at the
- 31:01direction of the president's executive
- 31:03order um which made it very clear to the
- 31:05Department of Homeland Security um that
- 31:07engaging as I said uh an anti-American
- 31:10anti-semitic pramas uh protest will not
- 31:13be tolerated so um since the president
- 31:15signed that executive order and since
- 31:17Secretary of known uh has taken the oath
- 31:19at DHS um they have been using
- 31:22intelligence um to identify individuals
- 31:24on our nation's colleges and
- 31:26universities on our College campuses who
- 31:28have engaged in such uh behavior and
- 31:31activity and especially illegal activity
- 31:34um and so I don't have a readout on how
- 31:36many arrests will come but I do know
- 31:37that DHS is actively working on it and I
- 31:39also know that Columbia University has
- 31:41been given the names of other
- 31:43individuals who have engaged in pramas
- 31:45activity uh and they are refusing to
- 31:48help DHS identify those individuals on
- 31:50campus and as the president said very
- 31:52strongly in his statement yesterday he
- 31:54is not going to tolerate that and we
- 31:56expect all America's colleges and
- 31:59universities to comply with this
- 32:01administration's policy
- 32:05Jasmine um on Canada after all of these
- 32:09threats to increase tariffs or turn off
- 32:11electricity I wonder does this
- 32:12Administration still consider Canada to
- 32:15be a close Ally of the United States
- 32:18well I think Canada is a a a neighbor
- 32:21they are a partner um they have always
- 32:23been an ally perhaps they are becoming a
- 32:25competitor now um but as the President
- 32:27also laid out in his truth social post
- 32:29today he believes that Canadians would
- 32:31benefit greatly from becoming the 51st
- 32:33state of the United States of America
- 32:36and I actually looked into some of the
- 32:37research about the cost of living uh in
- 32:40Canada and the cost of living is much
- 32:42higher than it is here in the United
- 32:44States of America the average cost of a
- 32:46home in Canada is much higher uh in
- 32:48Quebec um the highest tax rate for an
- 32:51income of 150,000 or more is
- 32:5453.3% more than half of Canadians
- 32:57incomes they being taxed on so the
- 32:59president has made it clear that he
- 33:00believes Canadians would be better
- 33:02served economically militarily uh if
- 33:05they were to become the 51st state of
- 33:07the United States of America Reagan
- 33:10Thank You Caroline a week ago attorney
- 33:12general Bondi said a truckload of FD
- 33:14files had been delivered to her office
- 33:16from the sdny Y when can we expect those
- 33:19files to be released to the public I
- 33:20would defer you to the Department of
- 33:21Justice I don't have a timeline here do
- 33:23you have any update on the JFK files um
- 33:25I don't at this moment again I would
- 33:27defer you to U our dni director Telsa
- 33:30gard and also the Department of Justice
- 33:32I know that they are working on that
- 33:33diligently as the president requested
- 33:35them to do Christian thanks caring two
- 33:38questions since we've been talking a lot
- 33:39about tariffs have there been any
- 33:41updates on standing up the external
- 33:43Revenue Service to collect revenue from
- 33:45there well we need re reciprocal tariffs
- 33:48to go into effect first and as you know
- 33:50the president will be rolling those out
- 33:51on April 2nd and then the next start of
- 33:53that process is collecting that Revenue
- 33:55to ultimately create the external
- 33:57Revenue Service which secretary lutnick
- 34:00is working very hard on and is quite
- 34:02enthusiastic about if you have noticed
- 34:03from his media interviews the president
- 34:05do that through executive action or will
- 34:07it require legislation well the
- 34:08president already signed an executive
- 34:10order to direct the Secretary of
- 34:12Commerce to establish the external
- 34:13Revenue Service or at least to identify
- 34:15ways in which it can be done I would
- 34:17defer you to the Department of Commerce
- 34:18for more ons specifics on that um sure
- 34:22in the back thank you very much I have
- 34:26on South K and northa station as you
- 34:30know South Korean president has been
- 34:33released from illegal detention what is
- 34:37the reaction of the United States as an
- 34:41ally is there a possibility of summit
- 34:45with President Trump when President new
- 34:49returns second Cas on nor Korea North
- 34:53Korea launched the bistic miss several
- 34:56bistic missiles into the West Coast
- 35:00yesterday uh what is the White House's
- 35:03reaction on this sure yes I'll start
- 35:06with your question on North Korea uh we
- 35:08condemn these actions and we call on
- 35:10North Korea to stop their unlawful and
- 35:12destabilizing actions as for South Korea
- 35:15the US and um Republic of Korea's
- 35:18Alliance is Ironclad and the Trump
- 35:20Administration remains in close contact
- 35:22with our South Korean counterparts as we
- 35:24work together to promote a free and open
- 35:27window
- 35:29specific question you didn't answer that
- 35:32release of South Kore president
- 35:36from um I don't have anything on that
- 35:39but I can certainly check in with the
- 35:40National Security Council and get back
- 35:42to you um sure good to see you um PR
- 35:45secretary many are concerned about the
- 35:47validity of President Biden's official
- 35:49actions and also his pardons of the
- 35:52possible criminal actions of individuals
- 35:54such as his family members and Liz
- 35:55Cheney as information emerging that many
- 35:58of his official actions were Autos
- 35:59signed uh possibly even the Pardons and
- 36:02without his knowledge or consent uh does
- 36:04the White House have any information
- 36:05available currently that Biden was
- 36:08actually the one that approved and
- 36:09signed those Pardons and second question
- 36:11will a doj investigate whether President
- 36:14Biden's cognitive decline allowed
- 36:16unelected staff to push through radical
- 36:18policy and pardons without his knowing
- 36:20approval I don't know the answer to that
- 36:22question but I can check in with our
- 36:23folks here who may know the answer to
- 36:25that question and get back to you Dasha
- 36:27Dasha go ahead you did a great job
- 36:29articulating the vision that President
- 36:31Trump has for what his tariffs he
- 36:33believes his tariffs can do in terms of
- 36:35BR jobs back to the United States I
- 36:37asked you last week about how much
- 36:39Americans might need to buckle up for
- 36:41some short-term pain a conversation that
- 36:43with the president and treasur secretary
- 36:45Scott bessent I've had with the people
- 36:47I'm wondering what is the how high is
- 36:51the pain threshold for president Trump
- 36:53and for this white house as you watch
- 36:56some of the turbulence in the stock
- 36:57markets as you field concerns from
- 36:59businesses and potentially see some of
- 37:01those approval ratings drop in the short
- 37:03term how much is he willing to stomach
- 37:06that and will he stay committed to his
- 37:08vision for tariffs even as uh all of
- 37:10this comes up well the president has
- 37:12been working hard every single day to
- 37:14alleviate the pain that was inflicted by
- 37:16the previous administration through
- 37:18massive deregulation through drill baby
- 37:20drill as we like to call it uh
- 37:22unleashing the might of our energy
- 37:24industry which we know will ultimately
- 37:26drive down costs for consumer here at
- 37:28home and again as I mentioned the
- 37:30president is intent on signing tax cuts
- 37:33for the American people to put more
- 37:35money back into their pockets which will
- 37:36ultimately unlock consumer confidence
- 37:39and again I'll reiterate the president's
- 37:41words uh in layman's terms as he does
- 37:43best um the president wants the American
- 37:45people to have so much more money in
- 37:47their pockets they don't know what to do
- 37:48with it that's the goal of this
- 37:49Administration through tariffs through
- 37:52tax cuts um through deregulation and
- 37:55through unleashing the potential of our
- 37:56energy industry I have two more quick
- 37:58notes before I wrap up um April 28th I
- 38:01can confirm that the Philadelphia Eagles
- 38:04will be here at the White House to
- 38:05celebrate their Super Bowl victory I
- 38:07know there was a lot of fake news about
- 38:09an invitation that wasn't sent or was
- 38:11sent we want to correct the record we
- 38:13sent an invitation they enthusiastically
- 38:15accepted and you will see them here on
- 38:17April 28th um and lastly on a sad note I
- 38:20would like to express our condolences to
- 38:22Fox News um and to the entire Fox Family
- 38:25who did lose u a cameraman uh Craig
- 38:28Savage who passed away at 61 years old
- 38:31uh recently a very tragic death an
- 38:33individual who was a great man and
- 38:35covered this building um for many many
- 38:38years so the entire press office the
- 38:40Communications office here wants to
- 38:41express our condolences with his family
- 38:44and also with Fox News and I'll see you
- 38:46guys later perhaps you'll see the
- 38:47president in a Tesla later this
- 38:48afternoon have a good one
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