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Donald Trump: “The car business... they're going to make a fortune because…”

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

Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy

Published May 4, 2025 | Video Starts at 12:32

And many businesses are being helped. Are you considering tariff relief for small businesses? Why do you always mention that? You know, you pick up a couple of little businesses. What about The car business... they're going to make a fortune because of the tariffs. Do you know that the union, the head of the union, who was no fan of mine. Fain, Sean Fain, I guess his name is. Right. He didn't endorse me. (12:32–12:37)

CLAIM

Asserts that the car industry will benefit financially from tariffs.

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 lost five to six billion dollars a day with Biden.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 02:23-02:29
“We put 145% tariff on [China].”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 02:41-02:47
“Gasoline is now below in many cases, in many states, below $2 a gallon.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 03:50-03:56
“Eggs...were down 87%.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 04:37-04:58
“We have between guaranteed spoken for and people that are going to make a decision and announce it pretty soon, close to $9 trillion.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 14:16-14:27
“Apple building $500 billion worth of plants.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 14:29-14:32
“The chip company from Taiwan, which is the biggest in the world, is committed for 500 billion.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 14:39-14:45
“Biden went after [crypto] violently, and then before the election, he changed his tune entirely.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 43:05-43:11
“Biden just gave [Ukraine] $350 billion.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 46:04-46:07
“5,000 soldiers a week on average are dying.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 46:32-46:36
“We subsidize Canada to the tune of $200 billion a year.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 51:32-51:39
“Hamas would have had no money because Iran was broke. And now in a period of four years during the Biden administration, they became very…”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 55:27-55:39
“The Panama Canal was taken over by China, effectively.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 57:14-57:18
“Jimmy Carter gave [the Panama Canal] away for $1.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 57:54-57:57
“We have the best border in the history of our country.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 00:25-00:29
“We lost a trillion dollars to China.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 02:59-03:03
“Biden gave us the worst inflation in the history of our country.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 04:23-04:27
“The tariffs are going to make us rich.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 06:42-06:44
“We had a trade deficit of hundreds of billions of dollars with China.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 07:28-07:33
“Prices are down on groceries. Prices are down for oil. Energy prices are down at tremendous numbers for gasoline.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 08:07-08:19
“I have it down to a dollar 98 in many states right now.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 08:38-08:43
“We were losing hundreds of billions of dollars with China. Now we're essentially not doing business with China, therefore we're saving…”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 10:30-10:41
“China's getting killed right now. They're getting absolutely destroyed. Their factories are closing. Their unemployment is going through the…”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 11:36-11:44
“Their economy is really doing badly. Their economy is collapsing.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 12:12-12:17
“I think we probably have close to $9 trillion of investments coming into this country.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 13:41-13:50
“Another one's committed for 300 billion.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 14:44-14:48
“They're stopping work in Mexico and they're stopping work in Canada and they're all moving here.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 15:09-15:15
“I gave the automobile companies a little extra time without penalizing them.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 15:51-15:55
“The election was rigged. The facts are in, and it's still being litigated.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 17:47-18:19
“I won a lot of court cases.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 18:22-18:23
“I think we're going to have the greatest economy in the history of our country.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 18:46-18:50
“China is eating the tariffs right now.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 20:05-20:07
“He should lower interest rates.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 21:35-21:38
“I get to change [Fed Chair Jerome Powell] very quickly anyway, you know, in a very short period of time.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 21:41-21:45
“Border means we have the most secure border we've ever had.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 24:59-25:03
“We have an emergency. We have a massive emergency overall. It's an overall emergency on immigration.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 25:51-25:58
“We have millions of people. We have millions of court cases.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 26:06-26:11
“I have the power to ask for [Kilmar Abrego Garcia] to come back if I'm instructed by the attorney general that it's legal to do so.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 27:18-27:26
“Total dismantlement [of Iran's nuclear program].”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 28:36-28:38
“We have thousands of people that are some murderers and some drug dealers and some of the worst people on Earth.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 29:45-29:52
“The courts are holding me from doing it.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 29:57-30:00
“Many people have been killed, maimed, badly hurt by illegal immigrants that came over that are from prisons and from jails and from mental…”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 30:56-31:07
“I built a lot of walls. And if we didn't do that, we wouldn't be able to have those.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 31:20-31:24
“The Democrats don't want to approve anything. All they want to do is knock out a tax bill we're trying to get approved right now, the…”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 32:17-32:27
“If it doesn't get approved, it's a 68% tax increase. And that's what the Democrats want.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 32:27-32:33
“He found $160 billion worth of fraud, waste and abuse.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 33:01-33:06
“They say that we're allowed to do that, and I'm all for it, but everything I say is subject to the laws being 100% adhered to.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 34:17-34:26
“It was a corrupt election.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 36:04-36:06
“Gasoline is down at numbers that nobody believes possible.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 36:50-36:54
“We're drilling like crazy right now.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 36:56-36:59
“I won the election. They didn't win the election.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 38:05-38:08
“I won the popular vote.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 38:09-38:12
“I won all seven swing states by a lot.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 38:11-38:15
“I have been investigated more than any person in the history of the United States of America.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 40:21-40:31
“I'm in theory the top law enforcement officer as the President.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 41:14-41:19
“I want crypto because a lot of people, you know, millions of people want it.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 43:00-43:04
“There were hundreds of millions of people that are participating in crypto.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 43:13-43:18
“Being president probably costs me money if you really look.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 43:57-44:02
“I contribute my entire salary to the government.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 44:08-44:12
“Europe is spending a third of the money that we're spending [on Ukraine].”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 47:36-47:44
“Russia would have to give up all of Ukraine because what Russia wants is all of Ukraine.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 48:12-48:19
“European Union leaders have asked me to call Putin so many times because he doesn't return their phone call.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 48:31-48:38
“Biden didn't call [Putin] one time.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 49:24-49:27
“The war would have never started. And by the way, for four years, it didn't start. I was there for four years.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 50:01-50:08
“We don't need their cars. We don't need their energy. We don't need anything that they have.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 51:38-51:54
“Canada, they spend less money on military than practically any nation in the world. They pay NATO less than any nation.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 53:25-53:33
“We need Greenland very badly. Greenland is a very small amount of people. Which we'll take care of and we'll cherish them and all of that…”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 53:56-54:08
“Iran has tremendous energy. You know, I put sanctions, if. You know that. I put pretty strong sanctions on two days ago on the oil.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 55:09-55:18
“The only thing [Iran] can't have is a nuclear weapon.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 56:37-56:40
“Every single sign on the Panama Canal, with the exception of about 15% of them, was in Chinese.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 58:13-58:21
“I took cognitive tests and I aced it. I got 100% correct.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 1:00:16-1:00:21
“Biden is the worst thing that ever happened to old people because he was grossly incompetent.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 1:03:03-1:03:10
“I do have a vice president. And JD Is doing a fantastic job.”
Meet the Press Interview with President Donald Trump on Economy, Immigration, and Foreign Policy | Uploaded May 4, 2025 | 1:03:43-1:03:48