Donald J. Trump
๐ค PersonAppearances Over Time
Podcast Appearances
We just lost sight of it on occasion.
And I just want to start by stating that we've just concluded our
Big trade deal with Japan and numerous other countries in addition, as you know.
But on the Japan deal, because it was literally just signed, letter was just signed, it gives us a sort of signing bonus.
So I'll bring it into sports talk, a signing bonus.
Like you have signing bonuses too, I understand.
Getting a lot of money, 100 million, that's not bad.
But that's not as good as the signing bonus we got.
We got a $550 billion signing bonus for the country.
And we had the tariff.
At 25%, as you know, we had a tariff at 25%.
And this was, these are great people that we negotiated with, but we agreed to reduce it to 15 based on the fact that Japan has agreed for the first time ever to open up its country to trade so that all of our American businesses and business geniuses, including many in this room,
can go out and do business openly and freely in Japan, a very rich and prosperous and profitable and wonderful country, frankly.
And we will pay a zero tariff as we do business in Japan.
So we're paying zero, they're paying 15, we're getting $550 billion.
And to be exact, it's 90% of that, but we control the whole lot of it.
And it's really been great.
Thank you.
And they're very happy, and their stock market went up, and our stock market went up, and that's supposed to be the way it is.
Ours went way up, and theirs went up.