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Donald Trump: “He [the previous president] caused [inflation] because of…”

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

President Trump Hosts First Cabinet Meeting, Feb. 26, 2025.

Published February 26, 2025 | Video Starts at 18:41

I think he's a disgrace, what he's done to our country by allowing millions of people to come into our country like that. And all of the other things, the inflation which He [the previous president] caused [inflation] because of energy and stupid spending. to spend hundreds of millions, trillions and trillions of dollars on the green news scam, a total scam. (18:41–1:04:45)

CLAIM

Asserts that the previous president's policies caused inflation.

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've been given a lot of credit for having a very successful first month.”
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“We're doing very well with Russia, Ukraine.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 01:03-01:07
“President Zelensky is going to be coming on Friday, that's now confirmed.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 01:07-01:12
“We're going to be signing an agreement which will be a very big agreement.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 01:11-01:16
“We're in for probably $350 billion. Europe is in for $100 billion.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 01:29-01:36
“They hadn't spoken to President Putin in two years.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 02:45-02:49
“In just over one month, illegal border crossings have plummeted by numbers that nobody has actually ever seen before, much more than 100%.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 04:42-04:52
“We've unleashed American energy at levels that will soon be reported.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 04:51-04:59
“The inflation is stopping slowly, but part of the reason it's stopping is because of high interest rates and other problems that we…”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 05:12-05:22
“Eggs are a disaster.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 05:27-05:29
“One of the most important initiatives is Doge, and we have cut billions and billions and billions of dollars.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 05:44-05:55
“Whether it's this year or next year, I think we'll be very close to balancing budgets.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 06:10-06:15
“Some of the things they found, some of the horrible things they found, some of the theft and fraud, and we call it waste and abuse, but a…”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 06:20-06:31
“I got elected with a tremendous vote, winning every swing state, winning the popular vote, winning the counties by thousands of counties.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 08:11-08:21
“I think it was 2,800 to 500. 2,800 counties to 500 counties.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 08:20-08:28
“I got elected based on taxes and based on many things in the border, but also based on balancing budgets.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 08:32-08:41
“They have a lot of respect for Elon and that he's doing this. And some disagree a little bit. But I will tell you, for the most part, I…”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 13:08-13:19
“Biden ran a very tight administration. They spent money like nobody has ever spent money before.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 17:28-17:35
“We spend more money per pupil than any other country in the world.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 19:26-19:30
“We were ranked last time under Biden. We were ranked 40 out of 40.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 19:54-19:59
“We're cutting down government. We're cutting down the size of government.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 21:23-21:27
“We want to have a balanced budget within a reasonably short period of time, meaning maybe by next year or the year after.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 22:10-22:17
“We set records on the least number of illegal aliens coming in, migrants coming into our country that we had, that we've had in more than 50…”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 23:01-23:13
“200,000 of these gold green cards is $1 trillion to pay down our debt.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 27:23-27:34
“Companies can't hire [graduates] out of colleges, so they go back to India or [their home country] and become billionaires.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 28:11-28:20
“If we sell a million [gold cards], that's $5 trillion.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 29:14-29:21
“Europe spent $100 billion [on Ukraine].”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 32:35-32:44
“Consumer confidence had the biggest increase in the history of the chart. It went up 42 points in a period of like days after the election.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 33:44-33:58
“Confidence in business, confidence in the country has reached an all-time high.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 34:14-34:20
“As long as you're president, Iran will never get a nuclear weapon.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 34:26-34:30
“We didn't have the Afghanistan withdrawal, the worst withdrawal anybody has ever seen.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 35:49-35:55
“Canada... spend very little money on military, on NATO. They're just about last in terms of payment.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 36:31-48:37
“Millions of people have died because of the fentanyl that comes over the border.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 36:38-36:42
“It comes mostly from China, but it comes through Mexico and it comes through Canada.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 37:00-37:04
“We took in $700 billion from China.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 37:27-37:31
“Not one president in this, in the history of our country took in 10 cents from China.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 37:31-37:37
“We give billions of dollars to Afghanistan.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 41:46-41:50
“We left behind all of that equipment, which wouldn't have happened.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 41:55-42:00
“We were going to keep Bagram not because of Afghanistan, but because of China, because it's exactly one hour away from where China makes its…”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 42:03-42:13
“We left billions, tens of billions of dollars worth of equipment behind [in Afghanistan].”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 43:13-43:17
“Afghanistan is one of the biggest sellers of military equipment in the world. You know why they're selling the equipment that we left.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 43:40-43:47
“We lose 300,000 people a year to fentanyl.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 46:27-46:32
“We subsidize [Canada] $200 billion a year.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 48:06-48:10
“Canada relies on us 95%. We rely on them. 4%.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 48:12-48:19
“Why are we giving [Canada] $200 billion a year?”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 49:07-49:07
“The tariffs will make it impossible for them [Canada] to sell cars into the United States.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 49:30-49:36
“We have about a $300 billion deficit with the European Union.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 50:35-50:39
“The European Union was formed in order to screw the United States.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 51:00-51:05
“Our elections are extremely dishonest.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 54:12-54:17
“We're the only country in the world that has mail-in voting.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 54:16-54:22
“Paper ballots will cost 9% of the machines.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 54:45-54:49
“If I didn't get elected, I believe [Putin] would have just continued to go through Ukraine.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 56:00-56:06
“Without our equipment, [the Ukraine] war would have been over in a very short period of time.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 56:19-56:25
“Obama at the time gave sheets and Trump gave javelins.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 56:32-56:37
“We have the best military equipment in the world.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 57:20-57:23
“NATO, you can forget about that's been I think that's probably the reason the whole thing started.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 57:33-57:39
“Probably a million and a half soldiers have been killed. Close to a million and a half soldiers.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 1:00:49-1:00:55
“That horrible war that should have never started, would have never started if I were president.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 1:00:59-1:01:04
“Biden did a horrible, horrible job. He should have prevented that war.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 1:01:48-1:01:54
“Putin would have never gone in. I'll tell you one thing. He would have never gone in that war would never have taken place if I were…”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 1:01:54-1:02:01
“I think we had the worst president in the history of our country. He just left office.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 1:04:27-1:04:33
“To spend hundreds of millions, trillions and trillions of dollars on the green news scam, a total scam.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 1:04:44-1:04:53
“In leaving office, to send $20 billion here and $20 million there and $10 million and $5 million.”
President Trump Hosts First Cabinet Meeting, Feb. 26, 2025. | Uploaded February 26, 2025 | 1:05:00-1:05:10