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Donald Trump: “America is the country that started the AI race.”

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 18:03

Because of the genius and creativity of Silicon Valley. And it is incredible, incredible genius. Without question the most brilliant place anywhere on Earth. America is the country that started the AI race. And as President of the United States, I'm here today to declare that America is going to win it. We're going to work hard, we're going to win it because we will not allow any foreign nation to beat us. (18:03–18:08)

CLAIM

Asserts that the United States initiated the global race in artificial intelligence.

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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“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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“America is taking in hundreds of billions of dollars like it never has before.”
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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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“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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“We also have to have a single federal standard, not 50 different states regulating this industry of the future.”
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“It cost them just billions of dollars as an industry, but thousands of dollars per car.”
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