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Donald Trump: “We have 38 trillion in debt which will start paying off…”

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

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President Trump Holds Signing Ceremony

Published | Video Starts at 03:02

The second reason is the tariffs we're charging. Countries that were really hurting us badly were really decimating us. Hence We have 38 trillion in debt which will start paying off pretty soon with the tariff money coming in. But countries that were really decimating us used tariffs against us. Now we're using tariffs. All we want is fair. All we want is national security. It's given us great national security. (03:02–03:08)

CLAIM

Asserts that the U.S. has $38 trillion in debt and plans to start paying it off with tariff revenue.

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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