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Donald Trump: “We have a trillion dollar deficit because of Biden with…”

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

President Trump's Announcement on F47 Fighter Jet and Education Reforms

Published March 21, 2025 | Video Starts at 30:05

Well, I'll be speaking to President Xi. I have a great relationship with him. We're going to have a very good relationship. But We have a trillion dollar deficit because of Biden with President Xi. More than that. I mean, I've heard $1.2 trillion. We have a deficit, and I've explained that to President Xi. (30:05–30:11)

CLAIM

Asserts that the U.S. has a trillion-dollar trade deficit with China attributed to Biden's policies.

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

“The Air Force is going to be awarding the contract for the next generation air dominance platform to Boeing.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 03:53-04:02
“An experimental version of the plane has secretly been flying for almost five years.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 04:24-04:30
“Because of what I did, hundreds of billions of dollars flowed into NATO by countries that just weren't paying.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 19:25-19:32
“The United States has paid because of Biden, $350 billion on a war that should have never happened.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 20:27-20:35
“Nvidia announced today, you saw that hundreds of billions of dollars of investment, the biggest chip maker in the world announced hundreds…”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 27:26-27:37
“Apple just announced $500 billion worth. They're going to build plants here.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 27:41-27:45
“At least $4 trillion is coming in [from tariffs].”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 28:02-28:09
“Fentanyl [is] being sent into Mexico and then cross the border... killing... closer to 300,000 people a year.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 30:20-30:32
“Canada is charging our dairy farmers... 270% tariffs.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 31:43-31:50
“Nobody was killed other than a very beautiful young woman, Ashley. Ashley Babbitt.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 37:06-37:14
“The Department of Education is being moved [to educate children in their states].”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 00:01-00:08
“The Small Business Administration, headed by Kelly Loeffler, will handle all of the student loan portfolio.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 00:38-00:52
“Bobby Kennedy [at Health and Human Services] will be handling special needs and all of the nutrition programs.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 01:17-01:32
“You're going to have great education, much better than it is now at half the cost.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 02:23-02:28
“At my direction, the United States Air Force is moving forward with the world's first sixth generation fighter jet.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 03:05-03:13
“A new fleet of these magnificent planes will be built and in the air during my administration for the next couple of years.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 05:29-05:38
“We've given an order for a lot [of the F47 jets].”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 05:49-05:52
“Our allies are calling constantly. They want to buy them also.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 06:09-06:14
“This plane flies with drones. It flies with many, many drones, as many as you want.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 09:11-09:17
“I was given the task of releasing [the Kennedy assassination documents] because many presidents have gone through it and they haven't…”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 13:15-13:24
“We even released Social Security numbers. I didn't want anything deleted.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 13:25-13:30
“It's actually 88,000. And we have some additional things as you know, come out today.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 14:21-14:28
“They come from Venezuela. They come from the prisons of Venezuela.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 15:20-15:25
“I won on the basis of getting criminals out of our country that were let in.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 16:39-16:45
“Actually, 21 million people. I believe it's 21 million. And that's not even including the gotaways.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 16:51-16:59
“NATO is something that I saved. NATO was gone until I came along.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 18:56-19:02
“If we had a competent president in this sitting right here, that war would have never happened.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 20:35-20:41
“They allowed millions of people to come into our country totally unvetted, totally unchecked.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 20:59-21:05
“We have 11,088 that we know of, murders they murdered. Of that number, at least half killed more than one person.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 21:31-21:39
“Biden have the authority to allow millions of people to come into our country? Many of these people, hardened criminals.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 21:58-22:06
“If we did [have a potential war with China], we're very well equipped to handle it.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 23:57-24:00
“April 2nd is going to be Liberation day for America. We've been ripped off by every country in the world, friend and foe.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 26:56-27:04
“Car companies that were going to build in Mexico or Canada are now building here.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 28:10-28:15
“Honda is building, just announced a really big plant in Indiana.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 28:42-28:47
“If I didn't do 50% and even 100% in certain cases, tariffs, well, on steel, you wouldn't have a steel plant in the United States.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 29:15-29:24
“It costs us $200 billion a year in subsidy to keep Canada afloat.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 32:08-32:13
“The Conservative was leading against... Governor Trudeau by 35 points.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 34:37-34:45
“It's under very serious investigation by the FBI and by the Justice Department.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 37:38-37:43
“The New York Times is a corrupt institution.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 38:09-38:13
“Nobody's taking better care of the military.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 39:06-39:09
“We don't want to have wasteful jobs. We want to have meaningful jobs.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 39:20-39:24
“I would say $4 trillion. Nobody's ever heard of them. No country has ever heard of numbers like that.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 40:16-40:23
“Europe just announced they're lowering the tariffs on cars to 2.5%.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 41:15-41:22
“We have a cease fire on a lot of areas and so far that's all held very well.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 42:04-42:09
“I believe, with a. To pretty soon have a full cease fire.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 42:21-42:25
“The contract's being negotiated, the contract in terms of dividing up the lands.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 42:26-42:31
“Those law firms did bad things. Bad things. They went after me for years.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 42:54-43:01
“Russia, Russia, Russia. Hoax. All a hoax.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 43:00-43:04
“It was Hunter Biden's laptop. It didn't come out of Russia, by the way.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 43:04-43:09
“Allowing millions of criminals, millions and millions of criminals into our country, that's an inexcusable act.”
President Trump's Announcement on F47 Fighter Jet and Education Reforms | Uploaded March 21, 2025 | 43:49-43:58