Political speech, timestamped and in context

Donald Trump: “Their military has been defeated. Their navy is Gone. Their Air force is gone.”

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

President Trump Gaggles with Press at Dallas Fort Worth International Airport, Oct. 1, 2026

Published October 1, 2026

We're ending. Iran will very soon be ending one way or the other. It'll either just say, look, they have 301% inflation. They have no money, they have no currency. Their military has been defeated. Their navy is Gone. Their Air force is gone. Everything's gone. And one way or the other, it's getting end very quickly. And when that ends, oil prices are going to drop like a rock. Mr. President, respond. (02:31–02:36)

STATEMENT

Claims Iran's military, navy, and air force have been defeated.

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.

See the main statements from Donald Trump in this video

“The highest stock market. 81 times now in a short period of time.”
Asserts the stock market has reached record highs 81 times.00:59-01:05
“They have 301% inflation. They have no money, they have no currency.”
Claims Iran has 301% inflation and lacks financial stability.02:26-02:31
“Obama used to go in and if there was a leak, they would say to people, you have 15 minutes and if you don't give us the information, you're going to jail.”
Claims Obama administration threatened jail time for not revealing leak sources.04:37-04:47
“We have the best numbers of any president in history.”
Claims to have the best economic numbers of any U.S. president.00:32-00:37
“$21 trillion be invested. Factories being built all over the United States.”
Claims $21 trillion invested and factories being built across the U.S.01:11-01:17
“We inherited the WOR numbers ever from the Democrats and we're bringing them way down.”
Claims to have inherited poor economic numbers from Democrats and improved them.01:33-01:40
“Inflation is very little problem right now.”
Asserts that inflation is currently not a significant issue.01:39-01:42
“Iran will never have a nuclear weapon.”
Claims that Iran will not obtain nuclear weapons under his administration.01:48-01:51
“Iran will very soon be ending one way or the other.”
Asserts that Iran's current regime will end soon.02:21-02:24
“Oil prices are going to drop like a rock.”
Predicts a significant drop in oil prices.02:41-02:45
“Nobody's done a job like we've done. There's never been a job done like we've done.”
Claims unprecedented success in his administration's achievements.03:32-03:37
“We're getting them out and we're getting them out fast and we're getting them out. You see in record numbers.”
Claims record numbers of criminals are being deported.06:35-06:41
“Nobody has ever done all 77 counties.”
Claims unprecedented electoral success in all 77 counties of Oklahoma.06:57-07:01
“If Democrats get in, we will end up in a financial depression. We will go into a depression the likes of which we've never seen before. It'll be 1929.”
Asserts that if Democrats gain power, the U.S. will experience a financial depression similar to 1929.08:10-08:21