Trump Answers Questions From Reporters in Oval Office

Any questions for Mr. >> Thank you, Mr. President. Um, you said you were able to get this deal done and so many others because of tariffs. Yesterday at the Supreme Court, uh, the case being heard, the justices expressed some skepticism. What is your plan if they end up making a decision that's not in your favor? >> Well, I'd rather discuss that later. I hope to win that case. I think it's one of the most important cases in the history of our country. uh so much evolves around tariffs as a defensive mechanism for our country as national security for our country. So I don't want to really discuss a grant here. This is so important. Uh if you look at China and I covered this yesterday, but if you look at China by putting a large 100% tariff over and above the tariffs they already paid, they came to the table, they talked, we made a wonderful deal for everybody, our farmers, as you know, with the soybeans at at levels that nobody had ever seen before. We we uh were able to make phenomenal deals. If we didn't have the tariffs, we wouldn't have been able to do that. So, uh, we thought we did very well yesterday. We hope that we did. Uh, I think it would be, uh, devastating for our country, but I also think that we'll have to develop a a game two plan. We'll see what happens. Most people tell me we did very well legally. >> Mr. President, related to that, are you moving forward with any new tariff announcements before a decision from the Supreme Court? this is the best one and we can do other things but they're slow by comparison and you know it's like like as an example with the 100% I was able to do it instantaneously when we were threatened by the rare earths as you know the magnets and I did it instantaneously it was a matter of seconds and it was a matter of seconds and I got a phone call let's work this out we would have had not nearly the defense that we had it it would be a shame it would be uh it would be somewhat catastrophic for our country. I have to be honest with you. I don't want to get too much involved, but what we've done, you know, we're taking in uh hundreds of trillions of dollars. If you take a look at at the numbers we have, we're at $17 trillion right now. We're going to be at $21 trillion, about $21 trillion, uh by the time I finish my first year. Biden as an example, the Biden administration was at less than a trillion for four years. We're going to be at 21 trillion for for one year. Uh in the history of the world, there's never been a country that's done that. Not China, not the US, not anybody. And a lot of that is because of the tariffs and the fact that the president is a competent president that knows how to use them. And I use them for national defense. I ended of the eight wars I ended I would say five or six were ended because of tariffs. I give you an example. Uh if you take a look at India and Pakistan, they started to fight. They're two nuclear nations. They were shooting each other. Eight planes were shot down. There was seven. Now it was eight because the one that was sort of shot down is now abandoned. And uh eight planes were shot down. And I said, "Listen, if you guys are going to fight, I'm going to put tariffs on you." And they both went, you know, they were not happy about that. And within 24 hours, I settled the war. If I didn't have tariffs, I wouldn't have been able to settle that war. So, it's uh it's great national defense and you have to be quick moving. You can't wait around for months and months while you're doing studies and you're doing all of this work or go back to Congress. Look at Congress. We can't even get a continuation from Congress. Think of that. How would you have to go back to Congress to you have to do this spur of the moment because you say you understand we're here at spur of the moment you know other countries have used tariffs that absolutely they would have destroyed us if I didn't come along our country would be destroyed right now the tariffs the tariffs have made us rich in terms of national security they've made us secure and you know if you have economic strength that's also if you have a lack of economic IC strength. That's national security also. But we have great national security because of those tariffs. So I think it would be devastating if we lost that rule. >> Issues a ruling. It could be several weeks. Are you going to lay out any new additional tariff? >> I I'm going to hope that we win. I I can't imagine that anybody would do that kind of devastation to our country. You know, we have to pay back trillions of dollars. We've taken in trillions. We haven't taken in billions. We're taking in trillions of dollars. We've made trade deals based on that that give us uh as an example, European Union, $950 billion. Japan, $650 billion. South Korea, $350 billion. Without this, we're not talking about that kind of money. And they're okay. They're satisfied. They love us. They just left. They all love us. So, it's not like we're such bad people. But they were doing it to us until I came along. Now they don't do it to us. We do it to them a little bit. But if they took this away, we would be defenseless against tariffs from other countries. >> On employer plans and individual plans who also don't have access to GLP1s. What can you do to make those insurers and PBMs get these same prices so they can put access for those? ask Oz or or Bobby that question would be very it's a good question. >> Absolutely. Many Americans receive their insurance uh through the commercial markets. The companies have committed to ensure that at worst prices are at MFN on GLP1s and are committed to continue to negotiate those prices down based on volume just as they do in any other instance. Another really interesting thing we're seeing though is that commercial plans and PBMs increasingly are enabling access for their uh beneficiaries, their patients to make purchases in the cash market and then still receive coverage under their accumulators and their deductibles. And so we're building that capacity and absolutely Trump RX is being built to enable just that behavior and drive uh transparency in the process. >> There are so many Americans that report tremendously positive results from these drugs. what real world impact do you think this will be? Is there an estimate on how many Americans may now take these drugs and also about the informed consent on side effects? There are lawsuits against these companies that some people experienced damage to their gut health, vision loss, and other potentially serious side effects there. So, how will we ensure Americans are able to make the best choice of the risk versus the rewards? Well, I'll let them speak about the side effects, but I've heard about very little side effects with respect to these drugs. I mean, it's all positive, and that's usually not the case. I mean, usually you hear bad things. You see these crazy commercials on television where they tell you 15 different things that can go wrong and then you're supposed to buy it. Very few, but I'll let you handle that. At a at a high level, one in three people who can hear my voice are eligible for these medications. That's the magnitude of impact. And we believe, just to reemphasize, we will actually save the American taxpayer money if people use these drugs appropriately for the duration for which they're indicated. They're always going to be side effects of anything. Anything strong enough to help you, strong enough to hurt you. The question is, is the trade-off worth it? We know the ravaging risks of obesity and all downstream issues ranging from, oh, diabetes and hypertension to renal failure, dementia, heart disease, my specialty. But I'll ask Dave Rick from uh from Lily to maybe start off because he can give an honest appraisal of potential risks people should be aware of. There's no free cheese. >> Yeah. Oh, thank you. Uh I mean today, as you may know, there's about 8 million people benefiting from the two companies medications. This new announcement will make that tens of millions that could benefit from it. So, it's a huge improvement, but as the previous question, uh we need commercial plans and other insurers to step into this arrangement. I think probably both companies will work hard to make sure that happens. Yet, as Dr. said no drug that can help you has no side effects. Um most of them are well known. We've been using this class of medications for nearly 20 years and that's why it's important that patients go to their doctor and decide together whether this is right for them and their doctor knows their medical history and has the information about these medications. Um but we're confident in the safety but there's always uh uh some precautions we should have and people's own medical histories matter uh in that decision. And are there any estimates for >> what I would like to say is also that of course in my speech I made a I made a a comment that what happened today allows us and Lily to provide medications to millions and millions more than they are getting it today. Today, a lot of those patients are trying to go out there and take the knockoff versions of these medications, mainly because they were cheaper than our medication. With the reduction of the price, hopefully many of these patients don't need to choose their safety over their wallet and now are able to find the real thing at a very decent price. >> Is that a big problem for you? Knockoffs? Sounds like it might be. >> It has been. Yes, it has been. But on the other hand, of course, the patients have to be able to afford it. So, so it has been also our job to make sure that that affordability. >> Are the knockoffs dangerous? >> The knockoffs are not FD. The the API, the raw ingredient that goes into them are not FDA approved. So, >> nothing is as good as the original. Yesterday, yesterday in the Supreme Court, Chief Justice Roberts said that tariffs are taxes and that they're paid by Americans. He said this pretty clearly. And yet you're saying that this money is rolling in from other countries. How do you how do you square those two? >> It is. It's coming in because they charged us, you know, the same countries that you talk about are charging us massive amounts of money. Uh if you look at the tariffs over the years that were put on our on our heads. We there's a reason we're $38 trillion out now that money is going to start coming down. But we had presidents that didn't know how to use tariffs. We had presidents who had no understanding of business. But if you take a look at what's what's happened to us, every country charges tariffs. China, the European Union was brutal. They charged us tariffs. Not only tariffs, they charge us tariffs. So we couldn't sell cars there. We couldn't sell our product. They didn't want our agriculture. They didn't want our cars. Now they're taking our cars. And now they're taking our agriculture. You know, far more than money. Uh it's it really is a defensive mechanism. If we didn't have tariffs, we would be unable to defend ourselves. >> So, do you agree then that Americans are paying those tariffs? >> I think no. I I don't agree. I think that uh they might be paying something, but when you take the overall impact the Americans are are gaining tremendously. They're gaining through national security. Look, I'm ending war because of these tariffs. Americans would have to fight in some of these wars. Uh they're gaining in in national security. They're gaining in economics. They're gaining in uh so many different ways. And they're gaining in self-respect for our own country. Other countries used to laugh at us. They would charge us as Japan was charging us massive tariffs and yet they wouldn't allow our cars to be sold in Japan, but they were selling 9 million cars here, but they wouldn't allow one car, not one car was sold in Japan. They don't laugh at us anymore. This is really a matter of this is national security. And by the way, uh going bankrupt is national security. You know, our country was really in trouble. going bankrupt and the difference between going bankrupt and and thriving that's also national security. When you go bankrupt when you don't have any money you have no national security and we are thriving. I mean all this money coming into our country that I told you about the 17 trillion as of now but it it's going up rapidly. Uh I was in Japan and we have uh uh Toyota is coming in with $10 billion to build plants operated by Americans but building plants all over the United States. Well, they left they took our plants. They they sold cars in here without tariffs. They sold cars. We didn't charge them anything. They destroyed our auto industry. We lost 50% 54% of our auto industry to others. We used to, if you go back into the 30s and 40s, we had 100% of the automobile business. Then it started getting chopped away. Uh, but Mexico, Canada, many countries, I mean, Canada fought us very hard. The the ones that don't want us to win are foreign countries that we are able now to do very well with. Those are the ones that fight it. Those are maybe people that hate our country. I think it's the most important case maybe in the history of our country. It's been a major achievement for your administration, targeting the segment of our population that needs it the most that has the highest obesity rates. You're making it affordable. You are truly saving lives. That's coming from the viewers that we've had in that one hour that we took a little bit of a break. My question to you is Walmart just pushed out a report that says this year's traditional Thanksgiving meal will cost 25% less than it did under the Biden administration. Plus, gas prices being down in the $2 region makes it more affordable to travel to grandma's house for this Thanksgiving. >> Thank you very much. And and uh I re it's not so much a question. It's a statement. I would have made the statement, but you we have a lot of things happening, so I wouldn't necessarily have made it right now. So Walmart to me, you know, that's AAA came out that nobody going to influence them. I don't know them, but they just came out with a very powerful statement. They've done it for many years. Uh that under the Biden administration, Thanksgiving meal, a Thanksgiving meal with all the trivings costs uh 25% more. In other words, our Thanksgiving this year coming up will cost 25% less than sleepy Joe Biden's. Now, to me, that's better than anything there is. That's better than a pole. That's mean, they've got everything included from the trimmings and from the turkey and from everything, a lot of different items. It's 25% less this year than it was last year when he was so-called in charge. He was in charge. the people around the desk were in charge. The auto was in charge. Uh that is a big that is a big factor. And I was uh angry last night with the Republicans. I said, "You don't talk about this stuff. Nobody talks about it." You know, I rely on a question from a reporter to get that out. We should be talking about it because uh they talk about affordability. They don't have affordability. We had the highest inflation in the history of our country under Biden. We had high gasoline prices at $4.5 $5 a gallon. They're going to be hitting $2 a gallon with me with they're getting close to $2 a gallon. And when gasoline goes down and energy goes down, everything else follows. Uh what the Democrats do is they lie. We are the ones that have done great on affordability. They've done horribly on affordability. The only thing is they go out and they take commercials. How uh under the Democrats, you have affordability. It's just the opposite. We have much lower prices than they do. And we only have one thing, beef, because the cattle ranches are doing well. We're going to bring the beef prices down. And they understand that, even if we have to help them out. But the beef also is not a big difference. But every price is down. The biggest price is energy. We're at almost $2 for gasoline. And you take a look at where they were at $4.5 for gasoline. And when gasoline and energy comes down, everything else falls. And I was so happy last night. I said, I made a speech and then I get off the stage. I said, I feel like going up and saying it cuz I have a lot of respect for Walmart and nobody's influencing Walmart. They came out and they said Trump's Thanksgiving dinner, same things, is 25% less than Biden's. And we are the affordability when we are the ones that have done a great job at affordability, not the Democrats. And yet we just lost a couple of elections that were very Democrat areas. Maybe won't be full. They weren't very Democrat when I ran a year ago because I did one of those areas. But we just lost an election. They said based on affordability. It's a conj job by the Democrats. The Democrats are only good at con and cheating on elections. Thank you for the question. >> Can I ask you a question about India? >> How is your talks with Prime Minister Modi? >> Great. 18 and went good. He stopped largely. He stopped by from Russia. >> He's a friend of mine and we speak and he wants me to go there. I'll we'll figure that out. I'll go. I had a great trip there with Prime Minister Mon's great man and I'll be going is in the middle to India next year. No planning to go to India next year, sir. >> It could be. Yeah. Novo Nordisk is in the middle of a 10 billion potential $10 billion acquisition for a smaller obesity biotech. They might need your and the FDC's help to see that through. Do you have any issues with that or Eli Liy buying a smaller obesity biotech on an anti-competitive? >> Do you want do you want to talk about that? I'd like maybe you should give us a piece of the company like I've been asking. So I I >> give the United States a nice big >> So no no nois and FISA right now are in the middle of um an acquisition dialogue and discussion. >> It's you and Fiser. >> It's us and Fizer >> competing for the company. >> Competing for the company. >> Who's winning? >> And um and as of today our bid is higher and our message to um to Fizer is that if they would like to buy the company then put your hand in the pocket and bid higher. It's a free market and at the end of it, it has to do with basically the price that the seller is selling for their shareholders and the buyers willing to pay for it. This has nothing to do with FTC, has nothing to do with anything else. Do >> you think that a similar product to what we're talking about? >> It's actually it's a product it's a series of products that will come to the market in around turn of the decade where the market is very crowded with many many other players as well. So it's the next generations of products and and it will come five Yeah, Mr. President, >> Zoran Madami, you said that, you know, you called him a communist. You said that if he won, you would take drastic action against New York City. What kind of actions are you looking at? And will the ICE deportations continue? >> Well, I think you have to look if he is a communist, you know, there's not going to be a lot of activity. So, uh, you wouldn't need bridges and tunnels and all the different things that were being planned for New York, I think. And uh look, I hope I hope New York does well. That's all I can say. I love New York. I grew up in New York. I did well in New York. Always did well. And uh I hope New York does well. That's >> Will they continue? >> Ice. You want to get criminals out? If they're criminals, we want to get them out. Ideally, we wouldn't have to do them because he'll send the criminals out himself, but that seems to be unlikely. No, we have to get criminals out. You know, uh, millions of people were let into our country from prisons and from mental institutions and drug dealers. A lot of drug dealers and murderers. 11,888 murderers. 50% of them committed more than one murder. And we want to get them out. So whether they're in New York or anywhere else, we want to get them out. We've created a great place in Washington. All of you know, you see the difference between what it was now and what it was a year ago under Biden. Uh it was a it was a death trap and now it's you people walk down the street to have dinner. The restaurants are booming. Washington DC is great. I will tell you Memphis is doing really well too. You're hearing those reports. It's uh companies were going to move out. They're not going to move out anymore. We've done a great job and we've only been there for 4 weeks. So we've done a great job with it. But uh they have killers in New York. We want to get them out. If they have murderers, if they have uh people from jails that they allowed out of their jails in order to save a lot of money, we want them out of here. We want to put it back in their jails, not our jails. >> Question in regards to TSA. Would you would you ever consider privatizing TSA? That question comes to us from our viewers all the time, and I told him I would ask you. I I I think of privatizing a lot of things, but generally speaking, you know, you have government and a lot of people don't like privatizing, but some things that they really do. They work out better privatized, but it is government and sometimes government can be better. It's something a lot of people don't. >> I've heard the government uh as far as air traffic controllers is two thumbs up on that. effort from dozens of pilots who have flown the last 90 days, particularly under all the stress the government shut. They tell me, Brian, that is the one thing the government does right, is air traffic controls. Well, we're going to do it a lot better, too, because we're going to buy a new system. It's underdid right now. They about four different companies, all top of the line like these two great companies, except, you know, in a different slightly different field. And uh the air traffic control equipment is 45 years old. uh Buddha dead spent billions of dollars trying to fix it and didn't even use the right wire. You're hooking up glass into copper and you can't do that. You know, most if they went to a reasonably good school that finally you can't hook glass into copper and they spent billions of dollars and it was actually made the system much worse. We're going to get rid of the entire system, put a brand new system in. It'll be expensive, but we'll have the best uh air control system being, you know, the control towers that'll be stripped down down to the down to the bone and brand new equipment is being installed and we'll give out that it's a big contract. We'll give out that contract over the next uh 6 weeks, sir, that the FA is going to have to cut about 10% of flights at COP 40 airports because of the government shutdown. Are you at all concerned that it might not be safe to fly right now? And what do you tell people who are gearing up for Thanksgiving? >> Yeah, fair question. As Sean Duffy announced, they're cutting in certain areas 10%. And they want to make sure it's 100% safe. That's what they're doing. >> Mr. President, given these modifications that are being made, the air travel, the other disruptions with the government shutdown, do you think it's time for Republicans in Congress to change their negotiating position at all? in what way >> to start making concessions to Democrats? >> Well, I think it's time for them to end the filibuster and just put everybody back to work. Vote in voter ID, vote in no mailin voting except for military, far away military and uh people that are very sick. Uh no, uh I'd like to see one day voting. I'd like to see not 65 days of voting from all over the place. No, I'd like to clear up the elections. the border. We've done a great job. We have a great strong border now. I'd like to see new rules on immigration that can be fair and good. You know, rules that you never get. Rules that they're never going to get. There's so many things we could put in, including tax cuts that we could get. And we could do it all ourselves, but you to do that, you have to end the filibuster. The filibuster is and they'll do it, too. They'll immediately do it. you know, they're going to what they're going to do is uh what the Democrats will do is they're going to make Puerto Rico a state. They're going to make DC a state and they're going to uh pack the court. They're going to end up with more electoral votes. They're going to end up with four senators because of the two states. Uh and they're going to do this 100%. They would have done it except Mansion and Cinema got in their way. They would have done it. So, if they're going to do it, I would do it. I would do it before them. And you think the launch like Israel, Israel attacked first that uh that attack was very very powerful. I was very much in charge of the uh when Israel attacked Iran first. Uh that was that was a great day for Israel cuz that attack did more damage than the rest of them put together. What I'd like to see is I'd like to see voter ID. I'd like to Who wouldn't approve voter ID? The Democrats. Why wouldn't they approve it? because they cheat. There's only one reason not. We don't have voter identification and we should have. If we got rid of the filibuster in one day, you'd have voter identification. The only reason they don't want is cuz they cheap tax credits. There's some people on Republicans who would also like to see the ACA tax credits extended for middle class folks who are buying insurance on their own. Where do you weigh in on that? >> Well, I don't weigh in, but we're looking at all of that right now. We're looking at there are a lot of great ideas out there, including for healthcare because Obamacare is a disaster. Uh the Obamacare premium is going to go up 17 or 18%. And that's not my fault. I didn't want Obamacare. That's the fault of the people that put in the Democrats and now they want it subsidized further. But you know where you take it from them, you take it from a lot of other people. We could have much better healthcare, much better healthcare at a much lower price. drug pricing announcements with another company or is this the last word for a while about drug pricing uh you know deals? >> No, everybody's involved and what do you get low pricing from? This is every all companies are being involved. We are now going to have with all drugs the lowest price anywhere in the world. That's the price we're going to have. >> That's called favored nations. We were stupid nations before. We paid 10 times more, sometimes 15 times more than they were paying in Europe and other places. So that was really simp. The injectable prices will go down to $250, I believe, but Europe American patients might still look at European prices and say these aren't quite low enough to match that. What would you say in response to because we're, as far as I'm concerned, we're at favored nations. If Europe is playing le paying less then now there could be other reasons there could be a distribution etc etc it's harder to get to but outside of you know pretty minor things uh this is favored nations we are going to be paying the lowest price in the world outside of some nations that are stone bankrupt have no money and people make contributions of medicines to those nations including us we're going to have the lowest prices anywhere in the world and your drug prices will go down 600, 700, 800%. And I'll be given no credit for it cuz I never get credit for anything. But nobody else could have done this.