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Bannon`s War Room

Episode 5083: Trump Live From Davos

21 Jan 2026

Transcription

Chapter 1: How do you see the U.S.-China relationship moving forward?

0.031 - 10.966 Steve Bannon

How do you see the U.S.-China relationship moving forward? Are you able to combine this tough competition with also collaboration?

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12.048 - 25.887 Donald Trump

So I've always had a very good relationship with President Xi and with President Putin. Talk about, you know, the larger powers. But I've always had a very good relationship with President Xi of China. He's an incredible man.

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Chapter 2: What role does competition play in U.S.-China relations?

26.288 - 33.044 Donald Trump

What he's done is amazing. He's highly respected by everybody. And I do now. I mean, now I have good.

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Chapter 3: How did COVID impact international diplomacy?

33.064 - 57.141 Donald Trump

It was very severely interrupted by COVID. I used to call it the China virus, but he said, do you think you could use a different name? And I decided to do that, because why should we have a problem over that? But I would do that, and they would... You were a true diplomat, huh? I was. I became a diplomat for the first time. Well, you know who taught me that? Marco Rubio. Marco Rubio.

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57.662 - 82.654 Donald Trump

He said, let me teach you about diplomacy. Hey, any guy that gets approved by 100% of the votes, think of it. He got Liberal Democrats and radical-right Republicans to approve him. He's the only one. The next one was, like, lost 45 votes, right? But he got all 100 votes voting for him. And at first, I wasn't happy about it. I said, wait a minute, I don't like that.

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82.634 - 107.57 Donald Trump

And now it turns out that the Democrats probably wish they didn't do that. And Marco has been fantastic. Marco, stand up, please. You have done a great job as Secretary of State. He's going to go down as the best Secretary of State. And Scott. And we have Susie, who's the first female chief of staff. And she's the best chief of staff, too. And I see Howard Lutnick, who I know spoke.

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108.331 - 130.714 Donald Trump

And Howard's fantastic. Some of the deals we're doing are great. And I want to pay particular attention because we have Chris. Chris, you got up and spoke, I think. He's the number one oil man in the world because I was going to put Doug Burgum, who's fantastic. I don't know if Doug's here. Is Doug here? Doug Burgum is fantastic. He said, sir, there's one man better than me.

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131.74 - 154.115 Donald Trump

And he introduced me to Chris, and he turns out to be. So we're drilling more oil and gas now than we ever have by almost double. Is that right, Chris? And on top of it, we got a lot coming out of Venezuela. So, anyway, so we're doing great. The country is just doing great. We have great people. Thank you. And I see other people. We have Steve Witkoff. We have Jared. I got so many people.

154.155 - 169.375 Donald Trump

I'm in trouble because when I go back, They're going to be people with long faces. Sir, you didn't introduce me. I got so many people. And we have a lot of the greatest people anywhere in the world. I know them all. So I won't continue because we'd be here all day.

169.439 - 193.725 Steve Bannon

Thank you, Mr. President. We also know that you're a dealmaker, and then maybe coming back to Greenland and Ukraine. What kind of deal, in the end, do you see between the U.S. and Denmark? Because, you know, I guess you see it now as a negotiation going on, or...?

193.942 - 220.945 Donald Trump

Well, it's costing Denmark hundreds of millions a year to run it. And Denmark is a small country and wonderful people. But, you know, it's very expensive. It's a very big piece of ice. And it's very important. I mean, I don't want to repeat the speech, but it's very important that we use that for national and international security that can create a power

221.212 - 243.809 Donald Trump

that will make it impossible for the bad guys to do anything against the perceived good ones. And it's a great block for Europe, just like, you know, Denmark was supposed to spend hundreds of millions of dollars. They didn't spend the money. They didn't spend anything, almost. And we'll see what happens. I just say this. NATO has treated the United States of America very unfairly.

Chapter 4: What is the significance of Greenland in U.S. foreign policy?

504.634 - 525.333 Donald Trump

But there are these little flames. But there's peace in the Middle East. Now, had we not gone in and knocked out with those big, beautiful — we just ordered 25 brand-new ones, the latest and the greatest — the B-2 bomber. Think of them. They went in there at 2 o'clock in the morning. with no moon, no light, no nothing, and every single one of those massive bombs hit its target.

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525.373 - 545.367 Donald Trump

Hundred-thousand-pound bombs hit its target, every one of them. And then, on top of it, from a submarine 300 miles away, we hit the sites with tomahawks, which is an unbelievable weapon. So, you know, we did our job. If we didn't do that, you would have never had peace in the Middle East. And the countries like Saudi Arabia, UAE,

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545.347 - 564.435 Donald Trump

And Qatar could never have, and others, could never have signed anything because you would have had this dark cloud. And the dark cloud was Iran with nuclear. Iran, if we didn't take them out, they would have had a nuclear weapon within two months. They were very close to having the nuclear weapon, and we hit them hard. And it was a total obliteration.

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564.415 - 586.432 Donald Trump

They may try again, but they're going to have to try from a different area, because that area was obliterated. Incredible thing we did. And because we did that, we were able to make peace. If we didn't do that, I would say, Jared and Steve, if we didn't do that, there was no chance of making peace, because the countries I just named and other countries could have never signed off.

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586.452 - 598.692 Donald Trump

They were afraid. They were afraid. We had a bully. The bully was Iran, the bully of the Middle East. They used to call it, for years, they were the bully of the Middle East. They're not the bully of the Middle East anymore.

600.275 - 626.327 Steve Bannon

Mr. Mr. President, I know you even had to change plane last night. So I guess you didn't have much sleep, but I think you're on that. But your energy is still there. I know you have several bilateral meetings. I know you're also hosting a reception. So thank you so much for coming back to Davos. Thank you so much. It's highly appreciated. President Trump.

626.307 - 629.05 Donald Trump

: Well, thank you very much. Thank you, everybody, very much.

638.328 - 662.845 Unknown

Okay, right there. Welcome to the War Room. It's Wednesday, the 21st of January. Can we get the sound again? I want to hear the applause of President Trump leaving the stage. Let's go to kicking the sound. Can we? Oh, Davos cut it off. They didn't want to see the thunderous applause. It's the 21st of January, Year of Our Lord 2026. You're in the War Room, President Trump.

664.468 - 687.591 Unknown

Let me just put it in perspective. They took off last night from Andrews Air Force Base. They had to turn around because they had a mechanical problem or electrical problem with Air Force. So they had to turn around. He returned to Andrews. I think they changed planes. So they're three hours late. By the way, we've got Jack Posobiec in the room and Brian Glenn.

Chapter 5: How does NATO treat the United States unfairly?

733.035 - 761.47 Unknown

Eastern Standard Time for us here in the United States in the Imperial Capital, early afternoon in Davos. He just, they say, oh, Trump's 78 years old or whatever. He just gave, I think, an hour and 50-minute speech And then he did 20 or 30 minutes of Q&A with the new head of World Economic Forum. Although Larry Fink is really the head. This is the day to day head.

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761.711 - 785.13 Unknown

And I thought the guy asked excellent questions. Those are really those are not wasted time. They were not softballs. He asked good questions. And President Trump said it's over two hours, and now he's going to go into one bilateral, and these are heavy meetings. It's about Ukraine. It's about Gaza. It's what he's going to do on Greenland. I've got Norm Bin Laden, John Solomon.

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785.19 - 802.609 Unknown

People are going to tee up as we get on. Robert Greenway from Heritage is going to be here too with two disturbing reports today. One, Peter Schweitzer. Peter is supposed to be with us this morning. I've moved him to tomorrow so we can have more time with Peter and his blockbuster new book. The story that they broke today was about

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803.197 - 823.078 Unknown

the Chinese Communist Party training their pilots here, oftentimes on taxpayer money in the United States. I know that's hard to believe. Greenway's also got a very disturbing piece about war games have been going on, about the reality, about the American military, particularly in the Western Pacific. We're going to get to all this. Solomon's going to join us. He's got a blockbuster story.

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823.619 - 848.287 Unknown

I think the perspective, Mark Carney's being teed up as the as the new head of the Globalist Alliance with his speech yesterday, Dr. Thayer, Captain Fennell, Norbin Laden, we're all going to break it down. And President Trump just came in and let me be polite, gave a beat down. So he called Macron out. He called Mark Carney out to his face. So there's two perspectives here.

848.307 - 869.217 Unknown

Let me just give you the yin and the yang or the bid and the ask. If you're a globalist, You just think that Trump flew into Davos and went full gangster. If you're a nationalist, it's the greatest speech since Pericles at Athens. There's no middle ground here.

870.057 - 887.796 Unknown

Now, President Trump says, yes, we're going to work together, et cetera, but he gave you a nationalist perspective of working from a nationalist perspective of working within a community of nations. Mark Carney has teed up essentially What they want the new world order to be, which is around the Chinese Communist Party.

887.916 - 908.143 Unknown

I might also add that gold is hurtling towards $5,000 an ounce and silver just backed off is about to breach $100 an ounce. That would be two barrels of oil for an ounce of silver. Put that in perspective, backed off a little bit. We're going to talk about the world capital markets, all of it. I've got Nora Ben Laden. Is Nora Ben Laden with me?

908.924 - 915.191 Unknown

Nora Ben Laden, you've been doing this for us for a long time. You did it for a long time before that. Mark Carney yesterday.

Chapter 6: What is the current state of the Ukraine conflict?

915.952 - 930.808 Unknown

Like I said, my perspective is if you're a globalist in the audience, you think Trump's a gangster, right? And if you're a nationalist, you think Trump is Pericles at Athens. It's that, I mean, it was just a fabulous speech. Your thoughts, ma'am.

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932.138 - 951.717 Nora Ben Laden

Listen, regardless on which side you find yourself on, the aura is undeniable. And you had the standing ovation as he entered the room. You had the standing ovation as he exited. So there is no one like President Trump on the world stage. And you saw it just in his arrival in Davos with

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952 - 975.497 Nora Ben Laden

Marine One and the red carpet and just the show of military might and of power and of position of leadership that the United States of America has on the world stage. So it's just undeniable they have to contend with that simple fact. And President Trump is... the leading figure of the world.

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975.637 - 1002.747 Nora Ben Laden

He is actually showing tremendous leadership in various different aspects for his own country, but also with regards to matters of geopolitical issues. So the speech was very interesting. If I may, I'll just say my favorite, my absolute favorite part to start with was the part about the windmills and how the people who buy the windmills are just so stupid to quote him directly.

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1003.115 - 1012.427 Nora Ben Laden

That was my favorite part out of the whole speech. But he just slammed down so many different aspects of the globalist agenda.

1012.447 - 1038.146 Unknown

But hang on, hang on. Let's take windmills. Nora, let's take windmills as it was serious because he made two compelling points. He uses windmills as an example. of the intermittent energy you get from what he calls the Green New Sable, from the cult of climate change, of which the lead cultists, the broligarchs, have now abandoned because it's Larry Fink who was the worst.

1038.466 - 1063.083 Unknown

Remember, this is what a hypocrite Larry Fink is. He was the absolute worst because he ran – Over a trillion dollars worth of money market funds and worth of stock funds where he put in ESG. He put in those requirements that you had to basically inculcate the green agenda into your business or they wouldn't, one, invest in the company.

1063.123 - 1078.365 Unknown

Two, if they invest in the company, they would vote against you. with their shares. So he's the biggest. He said, yes, you can't have intermittent power. In fact, he said, you can't have wind and solar. We need nuclear. We need to burn dirty coal. You need to do whatever you do in these data centers. Would President Trump go into the windmills?

1078.405 - 1095.688 Unknown

Because he said, number one, anywhere you see a lot of windmills, you don't see a vibrant energy economy like in Germany and other places. They're hurting. That's one. Number two, he goes, China's making them and sell them all over the world, but you don't have massive wind farms. I can't find massive wind farms in China.

Chapter 7: How does President Trump view the peace process in the Middle East?

1599.352 - 1615.36 Unknown

You guys are not allies. You're protectorates. And the American people, this is the rise of the populist nationalist movement here. This is the basis of MAGA. Guess what? America comes first. American security comes first. The economics for American citizens, American citizens come first.

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1616.808 - 1639.255 Unknown

And as imperfect as President Trump is, he is shattering that system, and a new system is forming here that puts American security and American citizens first. The simplest way to say this is step one is to focus on hemispheric defense. This is the centrality of Greenland. And what President Trump is trying to make the case is the central issue of Greenland and the Arctic

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1639.235 - 1657.125 Unknown

being the Northern flank of the United States. And we have to control the Greenland, Iceland, UK gap, because we don't have confidence you guys can do it because you don't put any money into your military. And you particularly don't put any money into a combatant Navy that we have to do it. And yes, we're going to have to control this space

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1657.105 - 1678.489 Unknown

In order to do it and they're going to be other benefits because the bad guys were stopping Or also bad guys would take a bite out of you and this is what carney and all his and there's you know Playing up carney, you know, like he's lincoln at gettysburg or the second inaugural address that he's some, you know Great thinker and great spoken president trump Called this brother out to his face at davos.

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1678.849 - 1699.779 Unknown

He had a funny story about macrona. It's the reason macron left He had a funny story about macrona about how weak and sad uh, he is But Carney, he looked right at him and said, hey, bro, we essentially defend you. And remember that before you start, you know, before you talk smack again, remember, we have your defense. And people in Canada have to understand this.

1699.839 - 1716.625 Unknown

We have paid for your defense for decade after decade and a decade. And what did I say six or nine months ago? That Canada is potentially the next Ukraine, that Arctic North, the Chinese Communist Party and Russia, the great game of the 21st century is in the Arctic.

1716.705 - 1741.904 Unknown

Why do you think why in the hell you think Trump who can think this stuff through as much as he's doing in Latin America with the bailout? of Argentina and the situation in Venezuela and trying to control the oil from Guyana to Venezuela to the Gulf of America, Mexico and Texas to get you the biggest oil power known in history by 10x. He's spending so much time on Greenland.

1741.944 - 1773.946 Unknown

He understands the strategic importance of it. President Trump, I believe, is the greatest strategic thinker, thinker, and man of action we've ever had in the presidency. This is why I say Washington, Lincoln, and Trump, and you saw it today. And he called Carney out to his face, said, bro, watch the smack talk, because we are basically your protector. Short break. It's about Davos.

1774.026 - 1809.253 Unknown

It's about America first. It's about American citizens first. We are packed in every segment. Nora Bin Laden's going to stick with me. Back in a moment. There's a lot of politicians that should be getting coal in their stockings for Christmas, but Birch Gold thinks as a smart planner, you deserve silver.

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