President Trump Gaggles with Press Before Departing the White House, July 25, 2025

Transcript of a White House press gaggle led by President Donald Trump on July 25, 2025, covering U.S. domestic and foreign-policy topics: trade agreements (Japan, EU, UK), Gaza/hostage negotiations, legal matters (DOJ lawsuits, Ghislaine Maxwell/Todd Blanche, clemency), currency and tariffs, and domestic issues (homelessness, education). The tone is conversational and defensive; Trump emphasizes economic achievements and trade leverage while deflecting questions about legal/ethical controversies.
Chapters
Mr. President. Good morning. Mr. President. Good morning. How are you? Let me ask you about the lost team of the DS Rangers file. Those young people, they just did too much winning. Too much winning. Fair. They know it and it is a lot of winning. We had the best six months ever. We're now heading to Scotland. I'm meeting with the Prime Minister of uk. Some of you are going, I guess, and a lot of you aren't. Are you going? Huh? Well, you got to get moving. That's a good one. That's going to be a good one. So we have great numbers. We just announced. I don't have to go over it because you've seen them, but we have great economic numbers. The deal with Japan is amazing. You give us 550 billion and we have totally open access into Japan. Those numbers are great. I mean, the kids actually just said, very, very cute. Actually, I walked up, they said, sir, there's too much winning. They picked up on a little routine, you know. Go ahead. Mr. Milton, can I ask you about the DO lawsuit that filed yesterday against New York City and Mayor Adams? In the lawsuit, they named the CDP officer and it was offset either with shot. Your thoughts on that? Yeah, that's DOJ going against New York, but we're going against a lot of other places too. We want to bring safety to our cities, but that's a pretty, that's going to be a pretty routine filing with other cities too. As you know, we've started numerous lawsuits with other cities. We want to bring safety. We've got to get the criminals out and we're doing it in records numbers. Yeah. Gaza. They pulled out of Gaza. They pulled out. In terms of negotiating, it was too bad. Hamas, Hamas didn't really want to make a deal. I think they want to die and it's very, very bad. And it got to be to a point where you're going to have to finish the job. They really, they asked for things. Don't forget we got a lot of hostages out. So now we're to the final hostages. And they know what happens after you get the final hostages. And basically because of that, they really didn't want to make a deal. I saw that. So they pulled out and they're going to have to fight and they're going to have to clean it up. You're going to have to get rid of them.
What are you hoping Todd Blanch gets out of his meetings with Ghislaine Maxwell?
Well, I don't know about the meeting. I know it's taking place and he's a fantastic man. He's a great attorney. People should really focus on how well the country is doing or they should focus on the fact that Barack Hussein Obama led a coup or they should focus on the fact that Larry Summers from Harvard, that Bill Clinton, who you know very well and lots of other friends, really close friends of Jeffrey Summers should be spoken about because, you know, Jeffrey Epstein should be spoken about and they should speak about them because they don't talk about them. They talk about me. I have nothing to do with the guy.
Are you considering will you do any business deals with the uk?
Yeah, I'm going to meet with the prime minister right now. We're going to be over there in about six hours. We're meeting with the prime minister tonight. We're going to be talking about the trade deal that we made and maybe even approve it.
Are you considering clemency for doing a.
No, I sleeping right outside the gates of the White House. Are you concerned about. I think it's terrible. And we'll have them removed immediately. We do remove it. We've got to get the mayor to run this city properly. This city has to be run. You know, I have the right to take it over and I think it's terrible. Where are they? Where did you see them? Right up right outside of on Pennsylvania, near the treasury, right across this. Have you heard about the honey interview with.
Are you still disappointed in president or.
Clemency for doing that? I don't want to talk about that. What I do want say is that Todd is a great attorney. But you ought to be speaking about Larry Summers. You ought to be speaking about some of his friends that are hedge fund guys. They're all over the place. You ought to be speaking about Bill Clinton who went to the island 28 times. I never went to the island. Do you maintain you did not write a letter for Jeffrey Epstein's birthday? I don't even know what they're talking about now. Somebody could have written a letter and used my name, but that's happened a lot. All you have to do is take a look at the dossier, the fake dossier. Everything's fake with that admin. Everything's fake with the Democrats. Take a look at what they just found about the dossier. Everything is fake. They're a bunch of sick people. Where did you see the people laying outside again, we'll take care.
What are the alternative methods to bring hostages?
Well, we get a lot of them out and it's always. I've always said those last 10 or 20 are going to be the toughest because Hamas knows what happens when they don't have any bargaining ships. And they really broke a deal. They broke a deal. And you're going to have to do what you have to do right now. It's a terrible thing and I always do that. I said, when you get down to the last one, they're not going to be able to make it. Would you consider a pardon or a commutation for Elaine Maxwell? It's something I haven't thought about. It's a recommended case. I'm allowed to do it, but it's something I have not thought about. But you would rule in down. Why hasn't the president. Why has the dollar, why has the dollar fallen so much? And are you concerned about that? Well, you know, I'm a person that likes a strong dollar, but a weak dollar makes you a hell of a lot more money. Hate to tell you, I don't know if you study it, but I study it. And if you look at the yen, I went to Pan and York, so I know this. You understand? Absolutely. Oh, you did go. I went to York. You're a smarter guy than I even thought. And I know you. When we have a strong dollar, one thing happens, it's downstream. But you don't do any tourism. You can't sell tractors, you can't sell crops, you can't sell anything. It is good for inflation. That's about it. And we have no inflation. We've wiped out inflation. But it's an interesting question. So I will never say I like a low currency. But you remember the battles I had with the yuan with China and with Japan, Japan being the yen, they always wanted a weak curr. They're trying to get a weak currency now. Now, it doesn't sound good, but you make a hell of a lot more money with a weaker dollar, not a weak dollar, but a weaker dollar than you do with a strong dollar. And the first people that are going to notice it are the manufacturers of fruction radio. Like, look at Caterpillar, how well they're doing now. When you have a strong dollar, you can't sell anything. It's only good for inflation. And it's good psychologically. It makes you feel good. But with that being said, I love strong dollars. And I had so many different fights with President Xi between Japan and China. All they want to do is have a weak currency. They're always fighting for a weak currency. And that's how they really dominated over the years. So when I see it down there, I don't lose sleep over it, let's put it that way. In fact, sometimes I go to sleep very happy, you understand? Do you agree with me? I agree with a lot of what you said at the president. Do you think it makes any easier to impose your terrorists with that lower dollar? Because I think it makes it easier even for tariffs. Yeah. And it makes the tariffs worth much more and it's easier to pay off debt and it's easier to get a low inflation. There are a lot of good things. It's hard to explain to people. The headline, oh, Trump wants a week now it's not a week. You take a look at the history of China over the last 20 years. All they do is fight for a weak currency. Look at Japan, when they were really doing, they had a very weak currency. So to me I just say thank you very much, Mr. President. What's your comment on? Well, the Gaza situation. I said this was going to happen. When you get down to your last 10 or 20, we got a lot of hostages out. We took them out in numbers that nobody believed, a lot of them. And I said when you get down to 10 or 20, I don't think Hamas is going to make a deal because that means they have no protection. And basically that's what happens. Hamas didn't want to make the deal. I think what's going to happen is they're going to be hunted down.
Are you closer today to secondary?
We're looking at that whole situation. It could be that we'll have to put secondary sanctions sooner than 50 days maybe. Do you think it'll counterproductive? Who do you think it was? Counter with who you were. Do you think it was counterproductive for France to say that they would recognize the Palestinian seat? Macron said that yesterday. Look, he's a different kind of a guy. He's okay, he's a team player pretty much. But here's the good news. What he says doesn't matter, it's not going to change. Well, he made his statement. France Macron. His statement doesn't carry any weight. He's a very good guy, I like him. But that statement doesn't carry weight of a trade deal with the EU. I would say that we have a 50, 50 chance, maybe less than that, but a 50, 50 chance of making a deal with the EU. And it'll be a deal where they have to buy down their tariffs because they're right now at 30% and they'll have to buy them down maybe, or they could leave them the way they are, but they want to make a deal very badly. I would have said we have a 25% chance with Japan. And they kept coming back and we made a deal. And the deal is forget Japan's putting up $550 billion. It's a lot of money and also paying tariffs. The biggest part of the Japan deal, and maybe we get this with eu, maybe we don't, is that we have the right to go in and trade. We have the right. They've totally opened Japan just to the U.S. that's to me, the biggest part of the deal. Well, that'll be the. You said repeatedly you would like to see further nuclear arms reductions between the United States. I would like to see that. But the new START treaty expiring in about six months and it cannot be legally expanded. That's a problem. That's a problem for the world. It's a problem for the world. You know, we have restrictions and they have restrictions, as you know, on nuclear. That's not an agreement you want expiring. We're starting to work on that. But that is a, that is a big problem for the world when you take off nuclear restrictions. That's a big problem. Well, that was harmony. I think that Jerome Powell, I think we had a very good meeting forgetting about the building that's out of control. But I think we had a very good meeting on this. And he said to me now, I don't know if he's going to say this on Thursday or maybe every. He said to me very strongly the country is doing well. He said, congratulations, the country is doing really well. And I got that to mean that I think he's going to start recommending.
Mr. President, how do you think that.
The supreme country really is doing well.
Mr. President, how do you think that.
Records is President, how do you think that this is a King George ruling that benefited you of presidential immunity would apply to former President Barack Obama and what you're accusing him of doing. It probably helps him a lot. Probably helps him a lot, the immunity really. But it doesn't help the people around him at all. But it probably helps him around. He's done criminal acts, no question about it. But he has immunity and he probably helps him out. He owes me big. Obama owes me big.
What are the details in the UK Trade agreement you're hoping to fine tune with the Prime Minister this week?
We want to talk about certain aspects which are going to be good for both countries, more fine tuning and also we're going to do a little celebrating together because you know we got along very well. UK has been trying to make the deal with us for like 12 years and haven't been able to do it. We got it done. He's doing a very good job. Good Prime Minister, good guy. We really get along very well. So we're going to see. We're going to meet at Turnberry and we're going to meet at Aberdeen. So two beautiful places.
Is there wiggle room in steel and aluminum if they were to budge on digital services now? Is there any wiggle room on steel and aluminum in exchange for any?
Not a lot, because if I do it for one, I have to do it for all. So on that steel and aluminum, not.
All, Mr. President, about aid drops, about allowing aid drops to plaza.
I think so, but I can't tell you what I was talking about, but it was sort of disappointing. Although I told you, I told you, I told you. When you get down to those last 20 hostages, you get down to that last 10 or 20, it's going to be very hard for Hamas to make a deal because they lose their shield, they lose their cover. We got a lot of them out, a lot of them. We took a lot of bodies out. You know, so many of the parents said, please get my son's body back. And we're able to do that. We got a lot of people out alive and people that are not alive. But it was very important to the parents to get their son back even though they knew their son was dead. I think they will do that. Turnbury's rated the number one course in the world. I think they'll do that. No, I'm not going to. It's not about that. I'm going to see it for the first time years today, the last time we pretty good, right? The best resort of the world. I think one of the greatest sources in the world. We're going to. We're going to have a dinner at Temperance with the Prime Minister, then we're going to go to the oil capital of Europe, which is Aberdeen, and we're going to have lunches there. We're going to have a good time. I think the Prime Minister and I get along very well. We're going to. I am, I am. What's that about? Well, we have a lot of things in Scotland. I have a lot of luck. My brother is going to Scott and he's a good man. He's got his business, a good man. So I look forward to being. That's all set up. Today, August 1st. What do you expect between now the Next, when you say. You say tariff, not tariff. Tariff. Tariff. No tariff days. Well, most of the deals are finished right now. They're finished because we're just going to charge you certain tariffs, a lower tariff than I could get. I don't want to hurt countries, but we're going to send a letter out sometime during the week, and it's basically going to say, you're going to pay 10%, you're going to pay 15%, you're going to pay maybe less, I don't know. But Australia was great. They opened up peace yesterday so they couldn't go to sign up, and they did it. We didn't know about. We asked them to do it, and all of a sudden we got a word that there wasn't. So obviously they're looking to do something, but Australia. So August 1 is going to come and we will have most of our deals finished, if not all. We haven't really had a lot of luck with Canada. I think Canada could be one where they'll just pay tower. Not really a negotiation. We're working very diligently with Europe, the eu, which covers a lot of, you know, a lot of territory, a lot of countries, and that's the big one. Right now we have the confines of the deal with China. We haven't really. We don't have a deal with Canada. We haven't been focused. When those letters go out a page and a half, that means they have a deal, it's done. They pay that tariff. That is a contract, essentially, and they can come into the country, they're going to pay a tariff. I'm going to keep it minimal. I'm going to keep it. I'm not looking to hurt countries. I could do that, too, but I'm not looking to do that. But when that letter goes out, that's the deal. And we'll be sending maybe close to 200 of those letters. Now, don't forget, we have a lot of countries, so we're going to be sending out almost 200 of those letters. But once those letters go out there, we have a deal. Now, we sent some to. We sent one to Japan, we sent one to eu and they came back and negotiated a deal. I think the EU has got a pretty good chance of making a deal with all of that revenue coming in from the president. A lot of money. A lot of money. Our country was a dead country. It was a dead country one year ago. Now we have the hottest country anywhere in the world. And don't you feel it? Mr. President. Mr. President. All of that revenue coming in tens of billions of dollars. Do you think there's the possibility of a rebate to the American in terms of all of that money? We're thinking about that. Actually. We have so much money coming in, we're thinking about a little rebate, but the big thing we want to do is pay down debt. But we're thinking about it. You just made a lot of news. We're thinking about a rebate because we have so much money coming in from tariffs that tariffs have. A little rebate for people of a certain income level might be very nice.
Are you considering a meeting with.
You know, they're having. They're being blocked by Hamas. They're being blocked by a lot of people. People don't know this and we didn't certainly get any acknowledgement or thank you, but we contributed $60 million to food and supplies and everything else. We hope the money gets there because, you know, that money gets taken, the food gets taken. We're going to do more, but we gave a lot of money. We gave a majority of the money. And the is that no other country other than us gives anything. Will you. Have you spoken to Michael Watley about running for that North Carolina? I have, yeah. Will he run these days? I think he will. Are you from North Carolina? My father lives there. He'll be a good candidate. Bring more teachers, more educators into the classrooms to alleviate the teacher shortage across the country. We're doing that and we're doing it strongly. What we're doing is moving education back to the states. The states will run education. When they do it, you're going to have the best, best education in the world. We'll have 35 or 40 states where it will be as good as Sweden, Norway, Denmark, you know, the top five or six countries. I'm going to craft the top talent. The top talent, top teacher begins with the class. We're going to get them. We already have them. When we bring. When we go back to the states with education, you're going to see a big difference.
Is that on the table?
What is that?
Would you consider clemency for Ghislaine Maxwell? Is that on the table?
I can't talk about that now because, you know, it's a very sensitive interview going on. Todd Blanche is a great gentleman. He's a great man. He's a great lawyer. He's got a great heart. But he's over there now. I don't know exactly what's happening, but I certainly can't talk about pardons.
Can you trust can you trust what she's telling him? She's a convicted trafficker who's eager to get out of prison.
Well, you know, he's a professional lawyer. I think he, he's been through things like this before. But, you know, you should focus on Clinton. You should focus on the president of Harvard, the former president of har. You should focus on some of the hedge fund guys. I'll give you a list. These guys lived with Jeffrey Epstein. I sure as hell didn't. Thank you very much. All I wanted to do is lower interest rate. You know, we have the hottest country in the world. We had a dead country one year ago. Now we have the hottest country in the world. All I want him to do is lower interest rates because that'll take care of the house. The housing's a little bit slower than everything else. Everything we're 100% on, but the housing, because his rate is too high. If he lowers it, you're going to see a housing boomer drop off every day. We've got the hottest country in the world. Thank you. I never like South Park. I don't know anything about South Park. I never like South Park.
Look at my joke.
And he was very proud. You know, he told me, I wish I came out stronger, but I didn't want to be. Tell you what he really did. He was a physical specimen because you could be a good gentleman, but if you're not a physical specimen, it's not going to work. You got to go into another line. But I've watched him lift 350 pound men over his head and throw him out of the ring. No, he was, he was the real deal. He was MAGA all the way. He said, I wish I got. He said, I've always loved you, you know, we've always been friends, but he wasn't a political guy. And in the last three years, I'd say he became really political. And he said, I'm so angry at myself for not doing it early. He was happy, but, you know, he took a beating. When you look at the life that they live, he would wrestle sometimes 200 times a year. Think of that. I say, what, do you wrestle every weekend? No, he said, sometimes you wrestle every night. And it's hard to believe, but being a friend, I got to see his life a little bit. And his knees were in trouble, his back was in trouble, he was in such trouble. But he was great. He was a great man. He was an incredible showman. And he was really a great friend. And he was a great friend to Maga.
Mr. President, you signed an executive order.
To help clean up the streets of America yesterday, help homeless people.
Can you talk about why this is a common sense to help make everybody safe?
Well, it is. And right outside we have some tents. I'm getting rid of them right now. You can't do that. Especially in Washington D.C. i talk to the mayor about it all the time. I said you got to get rid of the tents. You can't have it. When leaders come to see me to make a trade deal for billions and billions and even trillions of dollars and they come into this tents outside of the White House, we can't have that. It doesn't sound nice, but again, It's going to happen. But it should. Three months. It's going to happen. Well, Harvard wants to settle, but I think Columbia handled it better. Harvard wants to settle, but you know, they have a very good judge. They have a judge will almost absolutely rule in their favor even though it's our case all the way. But they have a very good Obama appointed judge. And so they'll get a little kick out of that. But ultimately we win that case. And the bottom is we're not going to give any more money to Harvard. We're not giving any more money. They were getting 5 billion and 6 billion dollars, 7.2 billion. We want to spread the wealth to other schools.
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