President Trump Gaggles with Press Before Departing the White House, Sep. 16, 2025

Transcript of a press gaggle with President Trump (Sept 16, 2025) covering monetary policy (criticism of the Federal Reserve and calls for lower rates), international security (Israel/Gaza, hostages, Hamas), trade and tariffs (deal-making with UK and China, claimed tariff rates and revenues), domestic issues (crime in US cities, border and Venezuela narcotics), and miscellaneous items (TikTok deal, Robert Redford’s death, a $250M ballroom project). The remarks mix policy claims, campaign-style rhetoric, and anecdotal asides.
Questions this video answers
15% (down from 25%).
He said '30% for the fentanyl', '20% for the 301', and 'overall is about 55%.'
$250 million.
Chapters
So he is now on the Fed. I'm going to call him in a few minutes from the helicopter. And he's a good man. Most of you know him. He's very talented. He'll have a big influence on this. When too late. Getting his rates down, I guess. Who knows? You never know with too late. But he's done a lousy job. The rate should be much lower. Much, much lower. But I just signed his document and all of the papers. And Steve, Byron is now on. Did you sign? The federal ground of census is now underway, but we're going to see what happens because I hear Hamas is trying to use the old human shield deal. And if they do that, they're going to be in big trouble. They're going to be in big trouble. They put it out two days ago that they're going to use the hostages as shield. That's something that has been done for a long time, you know, Let me tell you, if they do that, they're in big trouble. Do you believe the Federal Reserve is an independent body? What do you think about the independent body? Oh, it should be. It should be. But I think they should listen to smart people like me. I think I have a better instinct than him. If you look, all the economists got it wrong. I got it right along with one other people out of 100. So they should listen to people that are smart. Nothing wrong with that. But they have to make their own choice. But they should listen to Asian. Did you speak to Prime Minister Netanyahu? No. I did. What about the idea of Israel beginning this ground offensive in Gaza City? Do you support that? Well, I have to see. I mean, I don't know too much about it. I can tell you that if they put the hostages in front of them, Hamas as protection, they call them bodyguards. Hamas is going to have hell to pay. You trip to the UK today, what do you hope to achieve? Well, my relationship is very good with the UK And Charles, as you know, who's now king, is my friend. And it's the first time this has ever happened where somebody was honored twice. So it's a great honor. And this one's at Windsor. They've never used Windsor Castle for this before. They use Buckingham Palace. I don't want to say one's better than the other, but they say Windsor Castle is the ultimate right. So it's going to be nice. But basically I'm there also on trade. They want to see if they can refine the trade deal a little bit. We made a deal and it's A great deal and I'm into helping them. Our country is doing very well. We've never done this well. We're making. We're having trillions of dollars coming because of the tariffs. They'd like to see if they could get a little bit better deal. So we'll talk to them. But primarily it's to be with Prince Charles and Camilla. They're friends of mine for a long time, long before he was king. And it's an honor to have Ms. King. And, you know, he's. I think he represents the country so well. I' watch. He's such an elegant gentleman and he represents the country so well. After Robert Redford passed away today, did you hear about this? Wow. Barely in his sleep at his home. Well, that's a good way to go, I guess. But I'll say Robert Redford was great. He had a. He had a series of years that he was. There was nobody better. This just happened, I guess. Wow. It died at his home in Utah in his sleep. And what movie would you say you liked it best in? Well, you have a lot of them. Honestly, he made. I'd say he made seven or eight great movies. They were really great. There was a period of time when he was the hottest. I thought he was great on TikTok. Well, TikTok was dark. Are you going to delay the TikTok ban? Well, we have a deal on TikTok. I've reached a deal with China. I'm going to speak to President Xi on Friday to confirm everything up. We made a very good trade deal and I hope good for both countries, but a very different deal than they've made in the past. What companies are going. We'll be announcing that. We have a group of very big companies that want to buy it. And, you know, the kids wanted it so badly. I had parents calling me up. They don't want it for themselves. They want it for their kids. They say if I don't get it done, they're in big trouble with their kids. And I think it's great. I hate to see value like that thrown out the window. So on auto. So auto executives, you know, you're talking about tens of billions of dollars. Some auto executives are concerned that compromising the 15% for auto tariffs coming in hurts American automakers. What do you say to. Well, I haven't compromised anything. Where did I compromise? Going down to 15%. 15% from 25. Going down to 15%. Well, and where did the 25 come from? It came from there. Yes. Or, you know, they Paid nothing for years. Now they're paying 15%. And some things can pay more. Like chips could pay more. Pharmaceuticals could pay more. You know, there's a bigger margin with a car, you have to make 15% before you make a profit. Pretty tough. So we had a good deal. Don't forget, European Union country because of tariffs. $950 billion. Think of that. We're talking about a year. $950 billion. Japan is paying us $650 billion. These are companies, these are countries that paid us nothing until I came along. And China is paying us a tremendous tariff. You know what the tariff is, right? You know what the tariff they're paying us? Why, yes. So it's 30% for the fentanyl as well as whatever for the 301. 20% for the FEN overall is about 55%. Okay. That's as opposed to nothing. Would you say that's a difference? We have a big decision coming up, and if the Supreme Court rules the way, hopefully they will, because, I mean, every legal expert said, we win that case, but you still have to watch. And the Supreme Court's been terrific. You know, I think they're very fair. All I want is fairness that we win. But if we win the Supreme Court case, which is the finalization of tariffs, we will be by far the richest country anywhere in the world. And we'll be able to help our people more, and we'll be able to help other countries when we want to. But I will say, if we win that case, our country, you see what we've taken in, just on a temporary basis, we've taken in trillions of dollars, trillions with a team, and we will be by far the richest country in the world. There'll be nothing for us. You know, one other thing, we'll have tremendous power to negotiate the use of tariffs. I settled wars. Four of them was because I was there for the Israelis. Hopefully. The other day, in an interview, criticized the fact that some CEOs make hundreds of times more in salary than average workers. He's worried about polarization. Do you share that concern? Well, I do say there's a big gap. I do say that. Don't forget I'm a popularist. There's a big gap. Mr. President, it's been a month since you're meeting with Vladimir Putin in Alaska, a month on. Do you think that meeting accomplished. Accomplished what you hope? Yeah, accomplished a lot. But it takes two to tango also. You know, those are two people, Zelensky and Putin, that hate each other. And it looks Like I have to sit in the room with them because they can't sit in a room together. There's great hatred there. But no, that meeting accomplished a lot. President, you don't have confidence in Cash Patel and what are you hoping comes from his testimony on the Hill today? Well, first of all, I think that Pam Bondi has done an unbelievable job and everybody agrees with that. And Chad, you know, if you look, take a look at what he did with respect to this horrible person that he just captured. He did it in two days. It took other similar cases. Four days, five days, four years. If you look at trick and shooters. Now, I have confidence in everybody in the administration, my administration. And a lot of people are saying it, not just me. It's so far the best administration ever formed. You look at our financial people, our country is making a fortune. We have to keep tariffs because our country has become successful because of tariffs. We have the case in the Supreme Court. That's a very vital case for the success of our country. It's very vital to negotiate with other countries. And remember, other countries charge U.S. tariffs. That's a very, very big case. And if we win that case, our country will be by far the richest country anywhere in the world. And then we can help our people. We'll get rid of debt. We'll get rid of everything. We can help our people and we can even help other countries where they need it. Mr. President, narcotics in Venezuela. Narcotics in Venezuela. President Maduro in Venezuela says that he's getting ready to invade his country. What is his message to him? Well, I would say this right away. Stop sending trend Aragua into the United States. Stop sending drugs into the United States. We knocked off actually three boats, not two, but you saw two. And the problem is there are very few boats out in the water. There are not a lot of boats out on the water. I can't imagine why. Not even fishing boats. There's nobody, nobody wants to go take a fish. So it's one of those things. But I would say to them very strongly, stop sending people from your prisons into our country. They're sending their prisoners. They've done that already. So the numbers just came out another month with zero people getting into our country. And these are figure, John, with people like you that would like me to do badly. Nobody has ever done on the border like I've done. Mr. President, what will you tell President Zelensky if you meet with him in New York? Well, he's going to have to get going and make a deal. He's going to have to make a deal, Zelensky is going to have to make a deal. And Europe has to stop buying oil from Russia. Okay. You know, they talk, but they have to stop buying oil from Russia. Mr. President, there are some wealthiest man who's ever occupied the White House. I hope so. How much wealthier are you now? Well, I don't know. The deals I made for the most part, other than what my kids are doing, you know, they're running my business. But most of the deals that I've made were made before. And that's what I've done for a life. I built buildings. Like I'm building a building here. You know where I'm building. You know what? You see that area? Yeah. That is going to be the greatest ballroom anywhere in the world. And for 150. So it gives me pleasure to do it for the veterans. And I'm paying for it. I'm paying for it. And that's an expensive ballroom. I think it'll cost $250 million, and it will be, I think, the finest ballroom. So for 150 years, John, do you know this? They've wanted a ballroom, and now they're going to finally have it, and it's going to knock your socks off. To be engaged in so much business activity. Well, I'm really not. My kids are running the business. I'm here. You know what the activity. Where are you from? I'm from Australian Broadcasting Corporation. Australians. You're hurting Australia, right? In my opinion, you are hurting Australia very much right now. And they want to get along with me. You know, your, your, your leader is coming over to see me very soon. I'm going to tell him about you. You set a very bad tone. Go ahead, John. Maybe you can. You can set a nicer tone. Mr. President, what are you hearing about the operation in Gaza, the Israeli operation? Well, I'm hearing that they want to go in and I'm also hearing that Hamas take our 20 hostages, plus dead bodies. You know, they have about 32 of them, and they want to put them in the way of any attack. And nobody's happy about that situation. It came out yesterday. I'm sure you saw that they want to. Supposedly they've taken the hostage out of deep caves and tunnels and they're bringing them, putting them on the front line. Nobody's heard of that one for a few centuries. You saw that. The UN said that Israel is guilty of genocide and have committed acts of genocide in Gaza. They voted on that new report out saying multiple acts of genocide. When it comes to a vote, we'll see what happens. That'll come to a vote, but we'll see what happens. And what do you make Pam Bondi saying she's going to go after hate speech? Is that. I mean, a lot of people, a lot of your allies say hate speech is free speech. She'll probably go after people like you because you treat me so unfairly. It's hate. You have a lot of hate in your heart. May that be a ABC. Well, ABC paid me $16 million recently for a form of hate. Bitch. Right, your company paid me $16 million for a form of speech. So maybe they'll have to go after you. Look, we want everything to be fair. It hasn't been fair. And the radical left has done tremendous damage to the country. But we're fixing it. We have right now the hottest country anywhere in the world. And remember, one year ago, our country was dead. And Now Washington D. Is D.C. is fixed. And I fixed it. The mayor was fine. The mayor was just fine. Okay? The mayor had the sick city for many years. He's been mayor for many years. The one that fixed it was me and my people. And it is so safe. You should take your beautiful wife tonight and have dinner down there. You won't be shot. You won't be accosted. You won't even be looked at incorrectly by anybody. Washington, D.C. is safe. Now we're going to Memphis, where it's pretty rough, to put it mildly. And then we're going to have to go. A friend of mine who is a big railroader, he stopped in all the cities. He knows every city. He said, sir, you have to save Chicago. So I'm going to go to Chicago early against Pritzker. Pritzker. Pritzker's nothing. If Pritzker is smart, he'd say, please, come in. So last week, over the last week And a half, 11 people in Chicago were killed, murdered, and 38 were shot. And then Pritzker. And by the way, this is going on constantly. If they lose less than six or seven people a week with murder, they're doing a great job. In their opinion, Chicago is a death trap. And I'm going to make it just like I did with D.C. just like I'll do with Memphis. Now, remember this. So a man comes into my office, one of the biggest businessmen. I'll tell you. He runs Union Pacific, is that big, biggest railroad in the world, I guess. And he started off as a railroader. He was running a railroad, a little caboose. He was in A caboose. Now he runs the whole damn thing. 45 years ago, he started off in a caboose. I don't know what that's all about. And he became the top. So that's a good place to start. But he came in, he knows the country intimately. He's looking to do a merger, another railroad. The one that had the little problem in East Palestine. Right. And they want to buy that railroad as, you know, pretty public. But I sat with him and I talked. I said, so you know every city. Yes, sir, I go into every city and I have for 45 years. I said, where would you go Next? He said, St. Louis is in big trouble. He said, but Chicago is a great city. You can save Chicago, sir. Don't let Chicago die. This is a guy telling me with great news, knowledge and trust. He said, don't let Chicago die, sir. It's dying. Don't let it die. I'm going to Chicago next. The UAE. The UAE, Mr. President, what do you think they want when you do a. Well, I just want something to happen whether it's federal, state, and most likely it's going to be state. The question is whether or not we overlap with a federal judge. So they're looking at that. But the state is very confident. The governor is doing a very good job. As you know, they have the death penalty. It's a tough death penalty too, as you know, but they have the death penalty. So as to whether or not we judge, we will be working with them. We may or may not be able to judge. When it comes to the governor of Utah, what do you make of his overall message of non violence? Well, I agree with it 100%, but most of the violence is on the left. He said that social media is a cancer. What do you agree with that? The Utah governor said that social media is a cancer and more people should log off and take some time away. Well, it's not a cancer in all respects. In some respects it's great. But there are segments, there are deep dark holes that are cancerous. Absolutely. Beyond cancer, they're death. Well, that was a great decision. It was a rigged case to start off with. It's great. The court rules that she is a disaster. She was a disaster with a boyfriend. The boyfriend that she paid a billion dollars for his expertise, but he never did it before. Now she should be prosecuted. She was a. What she did to people, forget about me. What Fanny Willis did to innocent people. Patri that love our country, what she did to them by indicting them and Destroying them. She should be put in jail. She's a criminal. Fanny Willis is a criminal. Will you apply more pressure to EU and NATO countries not to purchase Russian oil? I do, but here's the problem. You know the problem. They're purchasing Russian oil. I don't want them purchasing Russian oil. And they've got to stop immediately. Not fair to us. They're purchasing Russian oil and we have to, you know, do things. Now, the nice part, we don't. It doesn't cost us anything anymore. You know that. They're paying. They are buying everything from us. Unlike Biden, who gave away $350 billion, we actually make money. But I don't want to make money. You know what I want? I want that war to stop. Because last week, 7018 people got killed. Can you provide a president. In Ukraine two months ago? Where are you from? Ukraine. Will they come? And do you know when they will come? What will come? You announced 70 petrios to Ukraine two months ago. Let me just tell you. I love Ukraine. I love the people of Ukraine. That's why I asked. I thought that was a little Ukrainian asset. But the country's in serious trouble. It should have never happened. It's a war that should have never happened. The country's in very serious trouble. But I'm going to get it stuck. Done. Seven. Seven countries have stopped seven wars in the last eight months. I thought that would have been the easiest because I know Putin, but it's not. Because there's tremendous hatred between Zelensky and Putin. Tremendous hatred between Zelensky and Putin. But we're going to get it on the Supreme Court to stop. L.
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