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Donald Trump: “We have about a $300 billion deficit with the European…”

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

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President Trump Hosts First Cabinet Meeting, Feb. 26, 2025.

Published | Video Starts at 50:35

They don't accept our cars. They don't accept essentially our farm products. They use all sorts of reasons why not. And we accept everything of them. And We have about a $300 billion deficit with the European Union. Now, I love the countries of Europe, I guess I'm from there at some point, a long time ago. Right. But indirectly, pretty directly too, I guess. (50:35–50:39)

CLAIM

Asserts that the U.S. has a $300 billion trade deficit with the EU.

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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