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Donald Trump: “America is taking in hundreds of billions of dollars like it…”

Featuring: Donald Trump, Republican | President of the United States | National

President Trump Unveils AI Action Plan and Trade Deals at Washington D.C. Forum

Published July 22, 2025 | Video Starts at 05:43

That would be too much for anybody who. How did we do with this country that I never heard of? We got a lot of. We got a lot of deals cooking. But America is taking in hundreds of billions of dollars like it never has before. investments into our country at the highest point ever in history. And We've just really been opened up for business for three of the six months. (05:43–05:51)

CLAIM

Asserts that the U.S. is receiving unprecedented amounts of money from trade deals.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Donald Trump

“We got a $550 billion signing bonus for the country.”
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“We just made a deal with the European Union where they're going to pay the United States of America 100% of the cost of all military…”
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“They agreed to go from 2% to 5% [in NATO spending].”
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“Earlier this month we also enacted the largest tax cuts in American history.”
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“China's using it. They're building now 57 big power plants, all fueled by coal.”
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“Under the last year of Biden, China added 11 times as much power generation capacity as did the United States.”
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“Meta, Amazon, Google, Microsoft are all investing $320 billion or more in data centers and AI infrastructure this year.”
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“Nvidia has committed $500 billion over the next four years.”
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“20 companies announced $92 billion in energy and data center projects, including the largest natural gas power plant in North America.”
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“We've just concluded our big trade deal with Japan and numerous other countries.”
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“We had the tariff at 25%, as you know. We had a tariff at 25%.”
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“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.”
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“We will pay a zero tariff as we do business in Japan.”
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“We're getting $550 billion. And to be exact, it's 90% of that.”
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“We've made numerous other deals like that.”
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“We've offered such a deal to the European Union, where we're in serious negotiations.”
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“We also made a deal yesterday with the Philippines and Indonesia, which in both cases will be opening up their country.”
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“We're in the process of completing our deal with China.”
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“Investments into our country at the highest point ever in history.”
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“They're saying we had the greatest six months that a president has ever had.”
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“We're down to $64 [for energy production costs].”
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“We have more energy than anybody else in the world.”
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“We're making incredible deals on energy, including deals in Alaska.”
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“You're going to build your own electric producing plants.”
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“They're moving into our country because of the tariffs.”
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“America is the country that started the AI race.”
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“As President of the United States, I'm here today to declare that America is going to win [the AI race].”
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“It'll be a policy of the United States to do whatever it takes to lead the world in artificial intelligence.”
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“Right now we're leading China very substantially [in AI].”
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“We also have to have a single federal standard, not 50 different states regulating this industry of the future.”
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“I just terminated all of the California car emissions rules, which were a disaster.”
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“It cost them just billions of dollars as an industry, but thousands of dollars per car.”
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“Under this administration, our innovation will be unmatched and our capabilities will be unrivaled.”
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“Winning this competition will be a test of our capacities unlike anything since the dawn of the space age.”
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“Many of our largest tech companies have reaped the blessings of American freedom, while Building their factories in China, hiring workers in…”
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“Under President Trump, those days are over. We need US Technology companies to be all in for America.”
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“Today we're releasing the White House AI Action Plan.”
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“My administration will use every tool at our disposal to ensure that the United States can build and maintain the largest, most powerful and…”
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“One of the things that this bill does is it extends the first tax cuts and makes them permanent.”
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“On day one, I terminated the Green News scam.”
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“We have more coal than any, we have more anything in terms of energy than anybody.”
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“In May, I also signed an executive order to rapidly begin construction of safe, reliable nuclear reactors.”
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“I will sign a sweeping executive order to fast track federal permitting, streamline reviews and expedite construction of all major AI…”
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“Upon taking office, I repealed the so-called Biden Diffusion rule that crippled American AI exports.”
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“Under my administration, we will maintain necessary protections for our national security.”
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“We're going to come home with trillions and trillions of dollars in deals.”
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“Today, Mr. President, you have the hottest country anywhere in the world.”
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“We made the deal where they pay 5% instead of 2%.”
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“Today I'm signing another major executive order that will turn America into an AI export powerhouse.”
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“One of Biden's worst executive orders established toxic diversity, equity and inclusion ideology as a guiding principle of American AI…”
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“I very proudly terminated Joe Biden's order on woke AI effective immediately.”
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“I will be signing an order banning the federal government from procuring AI technology that has been infused with partisan bias or…”
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“We are not going to allow men to play in women's sports.”
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“The last administration was eager to regulate and restrict AI to limit this technology to just a few large companies.”
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“Joe Biden had a plan to lose the AI race.”
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“This is a nation that invented the light bulb, the telegraph, the television, the telephone, the computer chip, the smartphone, the GPS, the…”
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“Americans were the first to fly a plane, first to harness the atom, and first to plant our flag on the moon.”
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“We mastered the industrial age, we created the digital age, and now we are leading the world into the golden age.”
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