This is a 10 year program, not a one year program, but you're allowed to deduct everything in one year. Used to be 38 to 41 years with tariffs. We've radically reduced our ballooning trade deficit which was the largest in world history. We were losing more than $1 trillion every single year. And it was just wasted. It was going to waste. But in one year I slashed our monthly trade deficit by a staggering 77%. (09:38–09:49)
CLAIM
Asserts a reduction in the trade deficit.
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.
