All-In with Chamath, Jason, Sacks & Friedberg
Winning the AI Race Part 5: President Trump on the AI Action Plan
24 Jul 2025
(0:00) President Trump on the AI Agenda (54:14) Executive Order signing Thanks to our partners for making this happen: NYSE : https://www.nyse.com Visa: https://usa.visa.com Follow the besties: https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg Follow on X: https://x.com/theallinpod Follow on Instagram: https://www.instagram.com/theallinpod Follow on TikTok: https://www.tiktok.com/@theallinpod Follow on LinkedIn: https://www.linkedin.com/company/allinpod Intro Music Credit: https://rb.gy/tppkzl https://x.com/yung_spielburg Intro Video Credit: https://x.com/TheZachEffect
Full Episode
Ladies and gentlemen, the 45th and 47th President of the United States, Donald J. Trump.
And I'm proud to be an American, where at least I know I'm free. And I won't forget the men who died, who gave that right to me. And I gladly stand up next to you and defend her still today.
Thank you very much, everybody. What a great song that is, but we'll cut it a little short, because we have some business to discuss. What a group of smart ones we have in front of me today. That's about as good as it comes. Up here, the brain power, the greatest power of them all. the brain power.
Well, I'm thrilled to be here with so many tech leaders and luminaries as we take historic action to reassert the future, which belongs to America, always has belonged to America. 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. And we've made numerous other deals like that, but the opening up of a country is very important to us. We have numerous countries that have opened their doors, just made some incredible transactions, but we're gonna have
a very, very simple tariff for some of the countries. You have so many countries, you can't negotiate deals with everyone. So we'll have a straight, simple tariff of anywhere between 15 and 50%. A couple of we have 15 because we haven't been getting along with those countries too well. So we just say, let's pay 50. And that's the way it is.
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