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Donald Trump: “During my first Term, we had no inflation, and yet I took in…”

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

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President Trump's Speech at the National Republican Congressional Committee Dinner in Washington, D.C.

Published | Video Starts at 48:11

And don't let them keep telling you that this is a tax on our people. I hate that. You know, they say it's a tax. No, Often much of it is paid. And hey, look what happened During my first Term, we had no inflation, and yet I took in hundreds of billions of dollars in tariffs and taxes from China. No other president got 10 cents in tariffs or taxes from China. I got hundreds of billions of dollars, hundreds of billions of dollars. (48:11–48:20)

CLAIM

Asserts no inflation during his first term while collecting hundreds of billions in tariffs and taxes from China.

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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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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