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Donald Trump: “We had the tariff at 25%, as you know. We had a tariff at…”

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

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President Trump Unveils AI Action Plan and Trade Deals at Washington D.C. Forum

Published | Video Starts at 01:44

Getting a lot of money. 100 million. That's not bad. But that's not as good as the signing bonus we got. We got a $550 billion signing bonus for the country. We had the tariff at 25%, as you know. We had a tariff at 25%. And this was. These are great people that we negotiated with. But we agreed to reduce it to 15 based on the fact that Japan has agreed for the first … (01:44–01:51)

CLAIM

Asserts that there was a 25% tariff in place before the trade deal with Japan.

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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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