Donald Trump (00:19):
[inaudible 00:00:03]
(00:19)
Well, thank you very much everybody. We have a extremely respected man in the Oval Office today, and a friend of mine for a long time, a very good friend of mine, and I'm very proud of the job he's done, what he's done is incredible in terms of human rights and everything else. And he's the crown prince, the future king, and I just want to pay my greatest respect to your father, the King, who's an amazing man. I met him early on. He greeted me at the airport at an age that was pretty high up there, and it was about 117 degrees, and he was standing on the red carpet as I came out of the plane, he's amazing. And when I met his brilliant son who was at the Oval Office shortly thereafter, you came in representing the country, and I called the father, I said, "This guy is fantastic." And I don't know if that helped you or hurt you, but obviously it couldn't have hurt too much, because here you are.
(01:20)
But we had a great meeting, and the office has changed quite a bit and we inherited a mess. You actually told me you thought the country was in big trouble. I'm not going to use the exact word that you used, I refuse to say that you thought our country was dead, a year and a half, two years ago. But our country was in trouble, and now we have the hottest country in the world, you said that also, and we do. The United States is right now the hottest country in the world.
(01:48)
And between the tariffs and the election, November 5th election, we've done things that nobody can believe. $21 trillion will be the amount invested in the United States, or committed to invest, in one year. So I'm here nine months and we're up to almost $18 trillion. Biden, as an example, the Biden administration, if you'd call it that, it's not to me, it was the Biden lack of administration, they were less than $1 trillion for four years. We're going to be $21 trillion for one year. I think that's hard to believe. The biggest in history was a certain country, $3 trillion, we're going to be $21 trillion.
(02:35)
On top of that, prices are coming down. We inherited a mess with high prices, the worst inflation in the history of our country. We had inflation that was a single [inaudible 00:02:46] for years, the worst inflation in the history of the United States, gas prices through the roof, and that's after destroying our petroleum reserve, which was meant for wars and big emergencies, not to try and win an election. They opened up the reserves so that people would get $3 less in gasoline, and it didn't work, they got about three cents less, because as big as those reserves are, they're peanuts when you're talking about that kind of traffic. And we're rebuilding the reserves, we're doing all of this, and we've done a job.
(03:20)
We're also bringing down prices very substantially, and we've already brought them down very, very substantially. Gasoline is way down, I think you'll be seeing $2 gasoline, but we're now at $2.50, $2.45, some are lower than that. It was $4.50, $5, $6, $3.50, $3.75, under Biden, all different numbers, but way high. And we have energy way down. But the biggest thing to me, because I know what it means in jobs, is the fact that we're at over $17 trillion, Scott, and we expect to be around $20, $21 trillion in one year, and that's many times bigger than… In history, the highest number was $3 trillion, and we're going to be at $21 trillion.
(04:05)
That means new plants, new AI, new auto plants. We have auto plants coming in from Canada, from Mexico, from Germany, from Japan. Toyota just agreed to invest $10 billion on new auto plants, all American workers. We've never been in a position like this. You can go back to the beginning, our country has never been in a position like this, and it really is because of the fact that we use tariffs to bring all this money in, and you're going to see the results in a year when these plants start to open up. We have more plants under construction now than at any time in the history of our country. And these are big plants, these are the biggest plants anywhere in the world.
(04:48)
And I want to thank you, because you've agreed to invest $600 billion into the United States, and because he's my friend, he might make it a trillion, but I'm going to have to work on him. But we can count on $600 billion, but that number could go up a little bit higher yet, I don't know, we'll see. But we appreciate it very much. Saudi is going to be investing at least $600 billion, and that means investments in plants, in companies, money on Wall Street, and what it really means for everybody that really counts is jobs, a lot of jobs, we have a lot of jobs.
(05:27)
So I just want to thank you. We've been really good friends for a long period of time. We've always been on the same side of every issue. I think we've done a great job in wiping out the nuclear capacity of Iran. Nobody else could have done that, no other president would've done it. We had the pilots in the Oval Office right here, we were celebrating a very successful attack. So I had them in with that beautiful B-2 bomber that's over there. And they said, "Sir, for 22 years, we practiced this attack. Our predecessors…" These were very young guys, so 22 years. They said, "Our predecessors and us practiced the attack on Iran, but no president ever gave us the go-ahead." Three times a year, they went out and they practiced the attack. "Nobody let us do it until you came along." And I let them do it because it was the right thing to do, you can't have a nuclear Iran, and so we put you in a very good position.
(06:24)
But I just want to say it's an honor to be your friend and it's an honor that you're here, and if you'd like to say a few words, but thank you very much.
Mohammed bin Salman (06:32):
Thank you. Mr. President. This relation has been a relation for about nine decades, and we've been working together for a long time. But today, it's a very important time in our history, because there is also a lot of things that we are working on in the future. We believe in the future of the United States of America. We believe in what you're doing, Mr. President, really creating a lot of good things and a good foundation to create more economic growth, more business in America, and also, your work for the world peace.
(07:05)
I believe, Mr. President, and today and tomorrow, we're going to announce that we are going to increase that $600 billion to almost $1 trillion of investment, real investment and real opportunity, by details in many areas. And the agreement that we are signing today in many areas, in technology, in AI, in rare earth materials, magnet, et cetera, that will create a lot of investment opportunity between both countries.
Donald Trump (07:29):
So you are doing that now, you're saying to me now that the $600 billion will be $1 trillion?
Mohammed bin Salman (07:34):
Definitely, because what we are signing, it will facilitate that.
Donald Trump (07:36):
Good. I like that very much. Go ahead.
Speaker 1 (07:38):
[inaudible 00:07:43]
Donald Trump (07:44):
No, that's great. I appreciate that, that's great. No, we're doing numbers that nobody's ever done. And in all fairness, if you didn't see potential in the US, you wouldn't be doing that.
Mohammed bin Salman (07:53):
Definitely.
Donald Trump (07:53):
You don't want to lose money.
Mohammed bin Salman (07:54):
As you said, Mr. President, it's the most hottest country in the planet. But what you're creating is not about opportunity today, it's about also long-term opportunity in United States of America that will affect American economy positively in the next coming decades, preparing the right foundation of emerging technologies. That's a game-changer for America in a good way, and we want to be part of it.
Donald Trump (08:15):
Yeah, we're doing really well. You don't see what we're doing so much, because we have… Although, the construction industry sees it. If you look at Caterpillar, who's been incredible, the tractors, everything else, the numbers that we're doing in construction are unbelievable. Some of the plants that we're building, AI, and they're building their own electric with the plant, I gave them the right to build their own electric with the plant, because no country, frankly, will have this. China's working very hard to produce enough electric, but we're beating China substantially at AI, which is a big thing. And we had a great meeting two weeks ago with President Xi. But on AI, we're doing well.
(08:54)
And I have a man, David Romel.
David Romel (08:58):
Yes, sir.
Donald Trump (08:58):
David, could you say a few words about what you're seeing on the job front and some of the assets, and also how we've been helped by the Saudis in terms of the investment they've made? Please.
David Romel (09:12):
Most certainly. Thank you for the opportunity. I am a facility leader for GE Vernova, and if you look at the landscape for GE Vernova investment, over $750 million in the US focused on true manufacturing jobs here stateside. We're looking at tripling the output of our Greenville, South Carolina facility, where we make the gas turbines that are supporting US needs, as well as the Saudi Arabia needs, so real jobs. $300 million in gas investment, resulting in over 500 pieces of new equipment being installed in the Greenville, South Carolina facility. That translates into roughly 1,800 jobs across the board for GE Vernova as we try to scale capacity to be able to meet this demand. Along with that, we're partnering with local communities to build the skill set that's required to meet these capacity needs, so that talent pipeline is incredibly important. So it's real jobs in the manufacturing space.
Donald Trump (10:11):
Well, you've been great, and thank you very much. And we love that state, I won that state by record numbers. I won a lot of states by record, Texas, a lot of them, Indiana. We're working with Indiana on something right now, we won that. We won a lot of them by records, but that was one of them. I want to thank you very much. Say hello to everybody. Great job, you're doing a great job. Thank you.
David Romel (10:34):
Appreciate it, Mr. President.
Donald Trump (10:36):
So just in wrapping up, we'll take a couple of questions. But I want to just tell you what an honor is to be your friend, and I very much appreciate the investment of now $1 trillion, okay. I'm glad you got that out. I didn't want to be the one to tell them. That's great news.
Mohammed bin Salman (10:52):
We keep increasing, Mr. President.
Donald Trump (10:54):
I know.
Mohammed bin Salman (10:54):
Each time, the opportunities are just increasing more and more.
Donald Trump (10:57):
Well, the opportunities, we're doing better. Even if you look back six months ago, all of a sudden, you feel even better, and I think we're only going to go in one way. Does anybody have any questions?
All (11:10):
Mr. President, Mr. President, Mr. President.
Speaker 3 (11:13):
Mr. President, have you approved the export licenses for advanced chips to Saudi Arabia, the export licenses?
Donald Trump (11:21):
We are working on that, we're negotiating that right now. Marco, do you want to talk about that, or Scott?
Speaker 2 (11:28):
We may have announcements on that later today, but that's what we've been working on is the mechanics by which something like that could be achieved. And it's part of the broader process, part of this broader engagement and cooperation between our two countries.
Donald Trump (11:40):
Certain levels of chips, yep.
Speaker 3 (11:41):
For the Crown Prince, Your Royal Highness, you're talking about $1 trillion of investment, could the Kingdom continue to do that with oil prices in the mid-60s?
Mohammed bin Salman (11:50):
We are not creating fake opportunities to please America, please President Trump, it's a real opportunities. For example, when you ask about the AI and the chips,
Mohammed bin Salman (12:00):
Saudi Arabia have a huge need of computing power, and we are going to spend, in the short term, around $50 billion by consuming those semiconductors for our needs in Saudi Arabia. And with the agreement that we're going to have with the United States of America that will allow us to focus that consuming power in the short term by $50 million from the United States of America and long term with hundreds of billion dollars in the long term. So there is a lot of real opportunities that fit to our needs in Saudi Arabia and fit to our investment strategy.
Reporter (12:31):
Mr. President. Mr. President, is it appropriate, Mr. President, for your family to be doing business in Saudi Arabia while you're president? Is that a conflict of interest? And your Royal Highness, the US. Intelligence concluded that you orchestrated the brutal murder of a journalist. 9/11 families are furious that you are here in the Oval Office.
Donald Trump (12:50):
Who are you with? Who are you with?
Reporter (12:50):
Why should Americans trust you?
Donald Trump (12:51):
Who are you with?
Reporter (12:51):
And the same to you, Mr. President?
Donald Trump (12:53):
Now, who are you with?
Reporter (12:53):
I'm with ABC News, sir.
Donald Trump (12:53):
You are with who?
Reporter (12:55):
ABC News, sir.
Donald Trump (12:56):
Fake news. ABC Fake news. One of worst-
Reporter (12:59):
But the question is [inaudible 00:12:59]-
Donald Trump (12:59):
One of the worst in the business, but I'll answer your question.
Reporter (13:01):
Thank you.
Donald Trump (13:02):
I have nothing to do with the family business. I have left and I've devoted 100% of my energy. What my family does is fine. They do business all over. They've done very little with Saudi Arabia, actually. I'm sure they could do a lot, and anything they've done has been very good. That's what we've done. We've built a tremendous business for a long time. I've been very successful. I decided to leave that success behind and make America very successful, and I've made America more successful by far than it ever was and that it ever could have been, no matter who was president. There would be nobody bringing in $21 trillion. That, I can tell you right now.
(13:38)
As far as this gentleman is concerned, he's done a phenomenal job. You're mentioning somebody that was extremely controversial. A lot of people didn't like that gentleman that you're talking about. Whether you like him or didn't like him, things happen, but he knew nothing about it, and we can leave it at that. You don't have to embarrass our guests by asking a question like that.
Mohammed bin Salman (13:57):
[inaudible 00:13:57] It's okay. Just, yes, Mr. President-
Donald Trump (13:58):
Please, go ahead.
Mohammed bin Salman (13:58):
Allow me to answer. I feel painful about the families of 9/11 in America, but we have to focus in reality. Reality, based on CIA documents and based on all documents, that Osama bin Laden used Saudi people in that event for one main purpose, is to destroy this relation, to destroy the American-Saudi relation. That's the purpose of 9/11. So whoever buying that, that mean they are helping Osama bin Laden purpose of destroying this relation. He know that strong relation between America and Saudi Arabia, it's bad for extremism, it's bad for terrorism, and we have to prove him wrong and to build our relation, continue developing our relations. It's a critical in the safety of the world, it's a critical against extremism and terrorism.
(14:48)
About the journalist, it's really painful to hear anyone that been losing his life for no real purpose or not in a legal way, and it's been painful for us in Saudi Arabia. We've did all the right steps of investigation, et cetera, in Saudi Arabia, and we've improved our system to be sure that nothing happen like that. And it's painful and it's a huge mistake, and we are doing our best that this doesn't happen again.
Reporter (15:18):
Mr. President.
Reporter (15:19):
Mr. President.
Reporter (15:20):
This side, Mr. President.
Reporter (15:21):
Thank you, Mr. President. The Crown Prince has been instrumental in helping lifting the sanctions on Syria.
Donald Trump (15:27):
That's true.
Reporter (15:29):
Will there be any joint investment between the US and Syria? And will you visit Damascus-
Donald Trump (15:35):
Are you from Syria?
Reporter (15:35):
No, but-
Donald Trump (15:37):
Where are you from?
Reporter (15:38):
I'm from Palestine.
Donald Trump (15:39):
Oh, you're making a lot of progress, huh? It's very good. They like me. The Palestinians like me.
Reporter (15:45):
May I have a question for the Crown Prince as well after you, sir?
Donald Trump (15:46):
Palestinians are doing very well actually. I think we're working very closely with a lot of people that make everybody happy, including Israel, the Palestinians, and everybody. That's very interesting. No, I think that… I will tell you, the Crown Prince called me and he specifically asked me if I would lift the sanctions on Syria, because he wants to see Syria make it. As you know, the leader of Syria was just here and we had a great meeting, and he's a strong guy and I guess you'd need a strong person to run it, and I think Syria's made tremendous progress. We did lift the sanctions at the request of the Crown Prince. Also the president of Turkey, Erdoğan, called me specifically. He said, "If you don't lift the sanctions, Syria doesn't have a chance. If you do, they have a very good chance." And between the two of them and some others, I lifted the sanctions, and the results so far have been pretty good.
Reporter (16:44):
Thank you, Mr. President.
Speaker 4 (16:44):
Mr. President. [inaudible 00:16:45].
Reporter (16:48):
Mr. President, can I ask you a question about the F-35s that are being sold to Saudi Arabia?
Donald Trump (16:50):
Sure.
Reporter (16:50):
Are these the same ones that are being used by the Israeli military, and if so, how does that allow for the qualitative military edge for Israel? And then I want to ask you, because you brought up the plight of the Palestinians, are you aware of relocation flights to South Africa that are taking place right now?
Donald Trump (17:09):
Which flights?
Reporter (17:11):
The relocation flights that are taking place. Some Palestinians are being charged up to $2,000-
Donald Trump (17:15):
I'm not going to South Africa for the G20 because I think their policies on the extermination of people are unacceptable, so I'm not going so I won't refer to anything having to do with South Africa. South Africa has behaved extremely badly, but I will say that when you look at the F-35 and you're asking me is it the same? I think it's going to be pretty similar, yeah.
Reporter (17:40):
How will that affect-
Donald Trump (17:40):
This is a great ally and Israel's a great ally, and I know they'd like you to get planes of reduced caliber. I don't think that makes you too happy. They've been a great ally, Israel's been a great ally, and we're looking at that exactly right now, but as far as I'm concerned, I think they are both at a level where they should get top of the line. Yes, please?
Reporter (18:05):
Can I ask for the Crown Prince? If I could just ask about the direct talks between US-
Donald Trump (18:09):
That's all right. Steve? One second. Go ahead.
Reporter (18:11):
Have you reached an agreement on a US-Saudi defense treaty today? And are you going to bring up the Abraham Accords in your discussion?
Donald Trump (18:19):
I already brought them up.
Reporter (18:20):
What did you say?
Donald Trump (18:21):
I think I got a positive response. Would you like to respond? I put you on the spot.
Mohammed bin Salman (18:27):
Yeah. So definitely, we believe having a good relation with all of these new countries, it's a good thing, and we want to be part of the Abraham Accords, but we want also to be sure that we secure a clear path of two-state solution. And today, we have a healthy discussion with Mr. President that we're going to work on that to be sure that we can prepare the right situation as soon as possible to have that.
Donald Trump (18:48):
I think we're… I don't want to use the word commitment, but we've had a very good talk on the Abraham Accords. We talked about one-state, two-state. We talked about a lot of things. In a short period of time, we'll be discussing it further too, but I think you have a very good feeling toward the Abraham Accords.
Mohammed bin Salman (19:04):
Yes, definitely. Mr. President. We want peace for the Israelis, we want peace for the Palestinians. We want them to coexist peacefully in the region, and we will do our best to reach that day.
Reporter (19:13):
And the defense agreement, have you reached the agreement on that?
Donald Trump (19:15):
We pretty much have.
Reporter (19:15):
The question for the Crown Prince, if I could just finish?
Donald Trump (19:15):
We have reached agreement on that.
Reporter (19:16):
Okay.
Reporter (19:23):
I wanted to ask you about the direct talks between the United States and Iran. Have you been fully briefed on that, and are you concerned at all about how this might impact Saudi security interests?
Mohammed bin Salman (19:35):
We are a close ally. We'll be working closely together on that issue, and we will do our best to help to reach a deal between the United States of America and Iran. And we believe it's good for Iran's future to have a good deal that will satisfy the region and the world and the United States of America, so we will do our best to see that day happen.
Donald Trump (19:53):
And by the way, Iran does want to make a deal. I can say I think they very badly want to make a deal. I am totally open to it and we're talking to them and we start a process, but it would be a nice thing to have a deal with Iran. And we could have done it before the war, but that didn't work out, and something will happen there, I think. But they would very much like… They may say something else, but they would very much like to have a deal.
Reporter (20:19):
Do we have a timeline?
Donald Trump (20:26):
Yeah, please?
Reporter (20:26):
Mr. President, you are going to sell F-35 jets.
Donald Trump (20:28):
Say it.
Reporter (20:28):
You said you are planning to sell the F-35 jets to Saudi Arabia.
Donald Trump (20:29):
Yeah.
Reporter (20:29):
Is it part of the security agreement, and how you assist the defense partnership between Saudi Arabia and the United States? And the question for-
Donald Trump (20:41):
Well, I just said it though. We're going to sell them F-35s. That's the end of the question, I guess.
Reporter (20:42):
Is it part of the security agreement or no?
Donald Trump (20:46):
No. We're going to have a deal. They're going to purchase F-35s. They're buying them from Lockheed and it's a great plane. We make, by the way, the best military equipment. You saw that during the Iran little skirmish. We make the best planes, the best missiles, we make the best offensive missiles. We make the best military equipment in the world.
Reporter (21:09):
Nice. For His Royal Highness, I would like to ask you about how you see the cooperation between the United States and Saudi Arabia in the advanced technological field, especially AI, and how it will support Saudi Arabia to serve its goals to achieve the vision of 2030.
Mohammed bin Salman (21:24):
Well, I'll try to answer that in short, but definitely, there's a lot of interest in many industry between Saudi Arabia and America and we are signing a lot of agreements in different areas that will really add value to American economy, but also to add value to us in Saudi Arabia. And AI, it's critical for us because one of the long-term problems that we could have is lack of workforce. As you've seen in the past few years, some of them have reached 30% of the global immigration to Saudi Arabia, so we know that to assure the Saudi Arabia GDP growing, with the lack of workforce that we have, we need to use a lot of computing power to replace job in the long term. So that's huge demand in Saudi Arabia and we want to link it to American private sectors and getting the supply from America, so there is a lot of opportunities in that area.
Donald Trump (22:11):
And we're also involved in AI in Saudi Arabia, so we're working, and again, we're leading by a lot on AI. Actually, a lot. China would be in second place, but we're leading by a lot. And I have to say this, and our relationship with China has been very good, and as far as buying our farm products, they're pretty much on schedule. Scott, I'd like you to call them, say if they could speed it up, we'll be good.
Speaker 4 (22:35):
I will, sir.
Donald Trump (22:36):
Okay, but they're pretty much on schedule.
Reporter (22:38):
[inaudible 00:22:39]. If I may have a question for both the Crown Prince and the President.
Donald Trump (22:45):
Sure, go ahead. Who are you and where are you from?
Reporter (22:45):
I'm Faisal Abbas from Arab News, Saudi Arabia, Your Excellency.
Donald Trump (22:49):
Okay. It should be a friendly question.
Reporter (22:52):
Your Royal Highness, just picking up on something you've just mentioned about how some people try to destroy the relationship between Saudi Arabia and the United States. Perhaps since the launch of the Vision, we've been used to having the bigger picture and that everything fits into the bigger picture. Might you want to elaborate a little bit about where is the relationship, the bilateral relationship, the strategic partnership between Saudi Arabia and the United States heading, and what's the big picture there?
Mohammed bin Salman (23:22):
Well, I don't think it's a relation that we can replace it from the Saudi side or the American side. It's a critical relationship for our political attempt, for our economical attempt, for our security, for our military, for many things, and it has been there for nine decades. And the opportunities that we have today, it's huge, and it seems that it's going to get deeper in the next few decades. And what we are having today and tomorrow with President Trump, it's really a huge new chapter on this relation that will add value to both of us.
Reporter (23:55):
Thank you.
Donald Trump (23:56):
When you think about it, I'm just sitting here. You are with the future
Donald Trump (24:00):
… king, a man who's respected by everybody, a man that doesn't have to be doing this really. I don't have to be doing it either. And yet we're sitting here, taking questions, any questions. We didn't say, "Oh, you can't talk about this." And there's never been transparency like this. Even in his country. But there's never been in our country that's been acknowledged.
(24:21)
But we didn't put restrictions. And I'm saying it's wonderful to be taking questions from all over the world, everybody is here. This is just a small group representative of tremendous numbers of media that are outside, that are very jealous that these people were so selected. But they're representing a lot of people that are outside.
(24:42)
I think it's terrific that we can be sitting here being this open, and I think it's really a wonderful thing. Yeah.
Reporter (24:47):
[inaudible 00:24:48] had a personal question for-
Donald Trump (24:49):
Uh-oh. Okay. Here we go.
Reporter (24:52):
… [inaudible 00:24:50]. So, apart from everything you mentioned in your opening remarks, you forgot to mention that you've deescalated seven more since you started. At least, in our part of the world you are seen as a peacemaker. And adding that to all the executive orders and everything else you've mentioned, I really have to wonder, you in your speech in Saudi Arabia, I was there, you said that his royal highness does not sleep at night thinking how he does things better. We wonder in Saudi Arabia how do you manage your own time? And what's your formula for management?
Donald Trump (25:19):
He does not sleep much, and I don't sleep much. I think we have the same schedule. We're thinking about our countries. If you sleep a lot and you're president, we just had one that slept more than any president, he broke every record, he sleeps all the time, during the day, during the night, on the beach. The only guy that could fall asleep on the beach with the press watching.
(25:38)
No. He's not a sleeper. I'm not a sleeper. We talk at night. I can call him almost any time. He goes, "Hi. How you doing?" It's the craziest times. But, no. When you love your job, when you love your country, and when you're in a position like we are, future king, highly-respected, crown prince, and, in my case, president, you're thinking about your country. You're thinking about making America great, again. We're thinking about keeping Saudi Arabia strong and vital in a pretty tough part of the world. Tricky part. Right? Tricky part? A lot of tricky people.
(26:17)
But he thinks about his country, and I think about my country. I don't want to sleep.
Speaker 5 (26:24):
[inaudible 00:26:23] do you expect a formal, civil, nuclear deal to be reached soon? Can you talk to us about that aspect of today's-
Donald Trump (26:29):
With who?
Speaker 5 (26:30):
With Saudi Arabia.
Donald Trump (26:31):
I can see that happening. Yeah.
Speaker 5 (26:33):
Do you think that an agreement will happen today?
Donald Trump (26:37):
It's not urgent. It's always … When you have civil nuclear, but you have more oil than almost anybody else … We actually have more oil and gas than they do, but I refuse to say that.
Speaker 5 (26:45):
And on-
Donald Trump (26:47):
We have more than anybody. Can you imagine?
Speaker 5 (26:49):
And on the F-35s, are those sales … Israel had reportedly wanted those sales to be conditioned on Saudi Arabia moving to normalization-
Donald Trump (27:00):
Israel will be happy. Israel is going to be happy.
Speaker 5 (27:02):
… is not a condition of the effort-
Donald Trump (27:04):
Israel is aware, and they're going to be very happy. Okay?
Speaker 6 (27:06):
[inaudible 00:27:07].
Donald Trump (27:08):
Yeah. Please. Hello.
Speaker 6 (27:10):
Hi, hello. My name is [inaudible 00:27:12] newspaper. [inaudible 00:27:14]. I have a question for the crown prince and for you, Mr. President. Crown Prince of Saudi Arabia, how much you expected from [inaudible 00:27:29] cooperation with the United States in the field of [inaudible 00:27:34] supply chain? How much you expected from that?
Mohammed bin Salman (27:41):
We just continue pushing forward. There is no limit. So, we just push forward for all opportunities that we have.
Donald Trump (27:48):
You have to understand this is really a great ally. Just the fact that they're now doing … I came in here at six. I did not know that. I was pushing for the $1 trillion, but he didn't tell me that. Now he told me.
(28:01)
This is a great ally of ours. When you invest a trillion dollars, that's national security for us too, because it creates jobs, it creates a lot of things. And I would say, Scott. Right? When you hear one country is putting a trillion dollars into the United States, that creates national security.
(28:22)
And I think that they don't have to say that, but I think a big part of that is also the fact that tariffs are in play. But even beyond tariffs, that's a real ally that will do that. It creates a lot of power for the United States.
Speaker 6 (28:38):
Mr. President, we are also in Saudi Arabia very happy for this much of Saudi [inaudible 00:28:43]-
Donald Trump (28:46):
Right.
Speaker 6 (28:47):
… money [inaudible 00:28:47] here, and, of course, it's cut back for us [inaudible 00:28:50]. So, it's complementary interest. So, this is [inaudible 00:28:57].
Donald Trump (29:01):
Well, look, I love the country of Saudi Arabia. I know the people very well. The level of treatment that we go when we go to Saudi Arabia is something that is incredible. And the people like us. And I think they really like America, especially, when I'm president. I don't think they liked America so much maybe for four years recently. I think Obama treated Saudi Arabia very, very badly. Very badly. As you know. And I think Biden didn't have any idea where the hell he was. So, I don't think Biden knew the difference.
Speaker 6 (29:34):
How would you describe the future relationship with Saudi Arabia? From the strategic aspect. How would you describe-
Donald Trump (29:44):
How would I say the relationship is with-
Speaker 6 (29:48):
Yeah. Yeah. [inaudible 00:29:48]-
Donald Trump (29:48):
I would say top-of-the-line. It's as good as it can … I don't think it can get much better. Look, we have a country that trusts us, and that's why they make that investment. If they didn't trust us, they couldn't make that investment. And we trust them. They've been very reliable.
(30:05)
Now we are … I rebuilt our military in my first term. And we spent trillions of dollars. Ad we gave away some of it in Afghanistan, stupidly, because we had stupid people running our country, but we gave away …
(30:19)
As much as it was, it's a tiny fraction of what we put here. And we're, again, we're bringing our military to a new level, the highest level ever. We have those plans. And, again, it's all American jobs and everything. So, it's good for a lot of reasons.
(30:35)
But as far as Saudi is concerned, no, I don't think our relationship could be better. I don't think they had a great relationship under Biden, and I don't think they had a great relationship under Obama. But they have a great relationship under Trump.
(30:49)
When we did the presidential walk of fame … You saw that. Right? And we're walking, and I asked the crown prince, "So, outside of Trump, outside of Trump," because I blow everyone away, "Who was the best president for Saudi Arabia?" Maybe it's an interesting answer. I don't know.
Mohammed bin Salman (31:09):
Yeah. [inaudible 00:31:11] Democrat. And Reagan. He's one of the historical presidents that have close ties with Saudi Arabia. But we've-
Donald Trump (31:19):
But is Trump-
Mohammed bin Salman (31:20):
… worked with all presidents.
Donald Trump (31:21):
Does Trump blow them all away?
Mohammed bin Salman (31:21):
It's not about me, Mr. President.
Speaker 6 (31:21):
Thank you.
Speaker 7 (31:21):
Mr. President-
Donald Trump (31:28):
And Trump doesn't give a fist bump. I grab that hand. I don't give a hell where that hand's been. I grab that hand. Remember Biden? He travels for 20 hours. He gets out. And he gives the fist bump. No. When you get out of the plane, and you got the future king and the man who is one of the most respected people in the world, you shake his hand. You don't give him a fist bump. Right? We don't want to ask you about that, but I can't imagine you were thrilled. You were a little bit surprised. He's a fantastic guy. You don't do that. Yeah, please.
Speaker 7 (32:04):
We're getting closer to the end of the year. Have you started the interviews for the Fed chair?
Donald Trump (32:09):
Yes.
Speaker 7 (32:10):
Who have you interviewed?
Donald Trump (32:13):
I think I already know my choice.
Speaker 7 (32:15):
Who is it?
Donald Trump (32:15):
Well, I liked him, but he's not going to take the job. He refused. You like Treasury better. Right?
Speaker 8 (32:22):
Much better, sir.
Donald Trump (32:23):
So, we are talking to various people. And, frankly, I'd love to get the guy currently in there out right now. But people are holding me back. He's done a terrible job, hurting housing a little bit.
(32:40)
The truth is we've been so successful. We've blown past his interest rate stupidity. He's been wrong … That's why I call him Too Late. He's too late. Jerome Too Late Powell. He was recommended to me by a guy that made a bad choice. And it's too bad.
(32:58)
But despite that, it's having very little impact, because we have all of these things happening. But it has an impact on housing to a certain extent. He's a fool. He's a stupid man.
(33:08)
But we have some very good people.
Speaker 8 (33:11):
Sir, you'll be sitting down with him in the near-future and-
Donald Trump (33:17):
We have some surprising names, and we have some standard names that everybody's talking about. And we may go the standard way. It's nice to every once in a while go politically correct. But we have some great names. Steve, please?
Speaker 9 (33:31):
Have you talked to President Maduro of Venezuela yet? Are you still open to that?
Donald Trump (33:35):
He wants to talk.
Speaker 9 (33:36):
Yes, sir.
Donald Trump (33:37):
Yeah. I'm open to talking. I talk to everybody, but, no. He wants to. They treated us very badly. They sent all of their prison population into the United States, and we're getting them out rapidly. But he sent all of his … And he sends drugs into the United States and other things. No. He treated us badly. He was dealing with a bad president, and he was able to get away. We have now … I think we have the strongest borders anywhere in the world. Nobody is coming in unless they come in legally.
Speaker 10 (34:06):
Mr. President-
Donald Trump (34:10):
We're talking very weak borders where millions of people came in. For the last six months … I don't do these reports.
Speaker 11 (34:15):
But why wait for Congress to release the Epstein files? Why not just do it now?
Donald Trump (34:19):
It's not the question that I mind. It's your attitude. I think you are a terrible reporter. It's the way you ask these questions. You start off with a man who is highly respected, asking him a horrible, insubordinate, and just a terrible question. And you could even ask that same exact question nicely. You're all psyched … Somebody psychs you over at ABC, they're going to psych … You're a terrible person and a terrible reporter.
(34:51)
As far as the Epstein files, I have nothing to do with Jeffrey Epstein. I threw him out of my club many years ago, because I thought he was a sick pervert. And I guess I turned out to be right.
(35:03)
But you know who does have? Bill Clinton, Larry Summers, who ran Harvard, was with him every single night, every single weekend. They lived together. They went to his island many times. I never did. Andrew Weissman, I hear. All these guys were friends of his. You don't even talk about those people. You just keep going on the Epstein files.
(35:25)
Now what the Epstein is is a Democrat hoax to try and get me, not to be able to talk about the $21 trillion that I talked about today. It's a hoax. Now I just got a little report, and I put it in my pocket, of all the money that he's given to Democrats. He gave me none. Zero. No money to me. But he gave money to Democrats. And people are wise to your hoax. And ABC, your company, your crappy company is one of the perpetrators, and I'll tell you something-
Speaker 11 (35:56):
[inaudible 00:35:57].
Donald Trump (35:56):
I'll tell you something.
Speaker 11 (35:57):
[inaudible 00:35:58]. So, why not just sign it now?
Donald Trump (35:58):
I think the license
Donald Trump (36:00):
… should be taken away from ABC because your news is so fake and it's so wrong. And we have a great commissioner, the chairman, who should look at that. Because I think when you come in and when you're 97% negative to Trump and then Trump wins the election in a landslide, that means obviously your news is not credible and you're not credible as a reporter.
(36:23)
So, I've answered your question. You should go and look at the Democrats who received money from Epstein, who spent their time… Larry Summers was with him all the time. That creep, the fund guy, was with him all the time. What's his name?
Speaker X (36:42):
Reid Hoffman.
Donald Trump (36:43):
Who?
Speaker X (36:43):
Reid Hoffman.
Donald Trump (36:43):
Reid Hoffman. I don't know Reid Hoffman, but I know he spends a lot of money on the radical left. Reid Hoffman, in my opinion, should be under investigation, he's a sleazebag. But they don't get any press, they don't get any news. And you're not after the radical left because you're a radical left network. But I think the way you ask a question with the anger and the meanness is terrible. You ought to go back and learn how to be a reporter. No more questions from you. Who else has a question?
Speaker 12 (37:10):
Crown Prince, very quickly, I want to ask you, how much money is Saudi Arabia giving for Gaza reconstruction?
Speaker 13 (37:17):
We are in discussion about that. Still, there is no amount being-
Donald Trump (37:21):
It'll be a lot. It'll be a lot.
Speaker 13 (37:22):
… but we'll definitely help.
Donald Trump (37:26):
Yeah, it's very important to him.
Speaker 12 (37:27):
And a quick follow-up, the international security force. Given your pledge, there would be no US boots on the ground, what is the US role going to be in that? And how do you ratify the allegations that this could undermine Palestinian sovereignty and even the path to statehood?
Donald Trump (37:43):
Look, I think we're going to get along great with the Palestinians and we know their leadership. We just had a very, you hate to say war, but it was a war. Very, very successful. And you could say, really, it was on behalf of everybody. We did that on behalf of everybody. And the outcome was extraordinary because we had the best pilots, the best equipment, the best planes, the best everything. And Israel bought the best equipment, they bought it from us. Everything's from us. It all starts here.
(38:09)
This office, I was talking to the Crown Prince a little while. You walk into this office, for somebody from the outside, the Oval Office, it's most powerful place in the world. You're standing right now in the most powerful place in the world. And no matter how big you are, these are the biggest people, the richest people. They walk into this office, it's special, isn't it? Look at him. He's so happy to be here. But you walk into this office, it's the Oval Office, and we've done a lot of good with this office.
(38:39)
I've stopped actually eight wars. I appreciated your question before, but I've actually stopped eight wars. I have another one to go with Putin. I'm a little surprised at Putin. It's taken longer than I thought, but we stopped India and Pakistan. I could go through the list, you know the list better than I do. I'm very proud. And I stopped one that was almost ready to start again. There was one that was-
Speaker 12 (39:00):
Do you have an update on where things are with it?
Donald Trump (39:02):
… and they're doing very well. So, it all took place right here in the Oval Office, whether by telephone or whether they came in. Many of these leaders have come in and they signed their peace deals right here in the Oval Office. So, no matter if it's the biggest business people in the world or the greatest leaders in the world, the biggest leaders in the world, like the gentleman on my right, everybody walks into the Oval Office and they say, "Wow."
(39:32)
And now by the way, the Oval Office is in the condition that it should be in, whether you look at the walk or the marble floors or down the road, we're fixing the White House and we're building one of the greatest ballrooms ever to be built. We have an event tonight and we're going to have about 118 people because we have a very small room. For 150 years they've wanted a ballroom and now you're going to get a great ballroom. And I have to say, I probably made a lot of enemies because in your honor we're having a dinner tonight, a beautiful dinner tonight, and we have a very small room. It's called the East Room.
(40:11)
And it's beautiful, it's lovely, but it's like for a little cocktail before you go into a ballroom. It's a very small room. They've wanted a new ballroom for 150 years. We could have sold the big ballroom out three times in honor of this gentleman. So, I made a lot of enemies because I have a lot of people that aren't invited tonight or are unable to come because of the size constraint. But you know what we'll do? Before I leave office, we'll have another dinner because we'll have it ready long before I leave office and it's going to be beautiful. It's a very popular thing, what we're doing.
(40:46)
And by the way, no government funds, it's all put up, private money. All private money. And in the case, I think there's a restriction on foreigners. Otherwise, I could have asked you just for a check, [inaudible 00:40:57], but there's a restriction. These are all private individuals that put up a lot of money to build the ballroom. Not one penny is being used from the federal government. So, it's really a nice thing, but I look forward to it. I just pointed it out.
(41:11)
This would be a perfect night to have that ballroom open, Susie. If we had that open, we'd have a lot of people very happy. Right now we have a lot of unhappy people because they all want to be with us tonight to honor this great man. Thank you all very much.
Speaker X (41:26):
Thank you, guys. Thank you, guys. Everybody out. Let's go, guys.
(41:26)
Thank you, guys. Thank you, guys.
(41:26)
Let's go. Let's go.
(41:26)
Thanks, guys.
(41:26)
All right, guys, [inaudible 00:41:45]. Thank you.
(41:26)
Press, let's go. Thank you, press. Thank you.
(41:52)
Mr. President, were you [inaudible 00:41:57].
(41:52)
Thank you, guys. Have a good day. Thank you.