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Donald Trump: “We've made numerous other deals like that.”

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

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

Published July 22, 2025 | Video Starts at 02:51

And their stock market went up and our stock market went up. And that's supposed to be the way it is. Ours went way up and theirs went up. And We've made numerous other deals like that. But the opening up of a country is very important to us. We have numerous countries that have opened their Doors just made some incredible transactions. (02:51–02:54)

CLAIM

Asserts that the U.S. has made numerous trade deals similar to the one with Japan.

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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“Earlier this month we also enacted the largest tax cuts in American history.”
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“China's using it. They're building now 57 big power plants, all fueled by coal.”
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“Under the last year of Biden, China added 11 times as much power generation capacity as did the United States.”
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“Meta, Amazon, Google, Microsoft are all investing $320 billion or more in data centers and AI infrastructure this year.”
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“Nvidia has committed $500 billion over the next four years.”
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“20 companies announced $92 billion in energy and data center projects, including the largest natural gas power plant in North America.”
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“We've just concluded our big trade deal with Japan and numerous other countries.”
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“We had the tariff at 25%, as you know. We had a tariff at 25%.”
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“We agreed to reduce it to 15 based on the fact that Japan has agreed for the first time ever to open up its country to trade.”
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“We will pay a zero tariff as we do business in Japan.”
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“We're getting $550 billion. And to be exact, it's 90% of that.”
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“We also made a deal yesterday with the Philippines and Indonesia, which in both cases will be opening up their country.”
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“Investments into our country at the highest point ever in history.”
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