PRESIDENT TRUMP Holds a Press Conference
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PRESIDENT TRUMP Holds a Press Conference

January 23, 2020

thank you very much please come on up Larry Robert Steve coming up in good afternoon we’ve had a tremendous two days here we’ll be heading back right after this conference and just concluded some additional meetings we’ve had a lot of them in Davos has treated us really beautifully it’s been a tremendous success everyone’s talking about a Americas unprecedented economic success it’s really the talk of the town so to speak since my election America has gained over 7 million new jobs the unemployment rate is now the lowest and over half a century the average unemployment rate for my administration is the lowest of any US president in recorded history which is very nice we have some good ones we have some bad ones too by the way unemployment rates among African American Hispanic American Asian Americans has reached a record low in the history of our country the lowest African American youth unemployment has reached the lowest in the history of our country so proud of that African American poverty numbers have plummeted to their lowest rate ever recorded doing really well unemployment rate for women has reached the lowest level in almost 70 years and the veterans unemployment rate dropped to a record low unemployment rate for disabled Americans has reached its all-time record low also these are incredible numbers rough workers without a high school diploma have received the and achieved the lowest unemployment rate ever in recorded history and that’s so important without a high school diploma we have a lot of great people they don’t have a high school diploma so we have record low unemployment a record number of young Americans are now employed we have the highest number of people working in our country that we’ve ever had before we’ve never had anything even close were almost up to 160 million and we’ve lifted 10 million people off of welfare and you know all about food stamps we talk about it all the time but millions and millions of people don’t need food stamps anymore sad that we’ve lifted them all which we have but they don’t need them anymore they have jobs there they’re doing really well the US stock markets have soared and they’ve reached the highest point that they’ve ever ever had we’ve made at least 19 trillion dollars in terms of wealth in terms of wealth creation for our country beyond the stock markets and we are now by far the biggest economy in the world China would have caught us they were getting very close it was anticipated that in 2019 this for many years I’m not telling any secrets that by 2019 China would become the largest economy in the world and right now we’re much larger but we have a great new deal with China great deal we have I would say our best relationship that we’ve ever had with China on top of everything else and we’re starting phase two phase one turned out to be much bigger than we anticipated because we have intellectual property protections we have many of the financial deals and aspects of the financial deals that we wanted we got done and other things in addition to the farmers we’ve got the total complete package for the farmers and we think that’ll let we estimate that it’ll be anywhere between 40 and 50 billion dollars the number I think is going to be closer to 50 billion the most they’ve ever done is 16 so we go from 16 to anywhere from 40 to 50 billion that they’ll be purchasing we’re an economic powerhouse like actually we’ve never been jobs factories companies are pouring back into the United States that’s one of the reasons I’ve been in Davos is we have had conversations with other leaders of other countries where we’ve traditionally had tremendous deficits I say you have to move factories and plants back here they took a lot of them actually took a lot of them and now they’re gonna move them back they’re not gonna move him back the companies are coming back because everybody wants to be here but the countries also understand that we have to balance out our trade and we’re doing incredibly well in that way and one of the people that was very important for me to meet from the World Trade Organization is Roberto Azevedo and he is a highly respected man he happens to be this gentleman right here I thought I’d happen to say a few words but the World Trade Organization as you know I’ve had a dispute running with them for quite a while because our country hasn’t been treated fairly China’s viewed as a developing nation India’s viewed as a developing nation were not viewed as a developing nation as far as I’m concerned we’re developing nation to but they got tremendous advantages by the fact that they were considered developing and we weren’t and they shouldn’t be but if they are we are and we’re talking about a whole new structure for the deal or we’ll have to do something but the World Trade organization’s been very unfair to the United States for many many years and without it China wouldn’t be China China wouldn’t be where they are right there I mean China that was the vehicle that they used and I give them great credit and I also don’t give the people that were in my position great credit because frankly they let that all happen but the vehicle was the World Trade Organization and Roberto and I have a tremendous relationship and we’re going to do something that I think will be very dramatic he’ll be coming with a lot of his representatives to Washington sometime maybe next week or the week after and we’ll start working on it so I’d like to introduce just four briefly Roberto and say a few words on behalf of the WTO and then I’m going to introduce Larry Kudlow to say exactly where we are in terms of our economy some of you know but we’ve had some tremendous numbers just over the very recent past so please Roberto well Thank You mr. president and I think it’s fair to say that we have been saying for quite some time that if the multilateral system if the WTO is to deliver it and perform its role in today’s global economy it has to be updated it has to be changed it has to be reformed this is an agenda that is squarely before members I don’t think anybody in Geneva misses the point I think they understand that the the system has not been functioning properly in many areas that’s something that we’re trying to address I’m very happy that in the conversation today with President Trump he agreed that this is something that needs to happen the WTO has to change we are committed to effect those changes and this is something that we are serious about and I am going to be together with President Trump as soon as possible discussing what needs to change what needs to be affected in the WTO and we are committed to doing that and of course I will be talking to all the other WTO members making sure that they all understand that this is serious this is a path that we all have to be on together if we want to make the WTO relevant and performing to today’s requirements frankly so thank you very much mr. president it’s an honor to be with you and with everybody else thank you thank you so work I think we’re coming into the new year with a lot of positive momentum in the economy and again I want to repeat what president’s speech yesterday these are transformational free enterprise policies lower tax rates across the board deregulation energy independence and breaking down trade barriers for better deals for exporting just recently we’ve seen all the confidence surveys our strong consumer confidence business confidence small business confidence the huge stock market rally which continues is I believe a sign of business and consumer confidence and predicting an even stronger me in 2020 also lately the housing markets are very strong we’ve seen some huge numbers in new housing starts and existing and new home sales that’s a great omen it’s a leading indicator and even with softness and manufacturing last year we’re seeing now the IHS market surveys for PMI manufacturing up four straight months for the US and I think that’s a terrific sign of a comeback I think the president’s trade deals have inspired a lot of confidence among large and small businesses and I think it’s going to add at least a half a point to GDP this year I think we’re going to be moving into the 3% zone we still have to cope with the slowdown and Boeing we’ll see how that plays out but I think us MCA and the China deals are gonna add a lot to growth this year and the years ahead and the great part about this to me I’ve been around for a while is when you look inside look under the hood in this growth spurt with three and a half percent unemployment and virtually no inflation which itself is a remarkable development it is the American middle class it is the American blue-collar middle class they have the fastest wage growth and in fact the lower wage folks are getting the fastest wage increases exceeding significantly but from what their managers are making and I would add also as the president has indicated in this stock market rally I know it’s commonplace to say it only helps a few rich people that is just not true over half the households in this country own shares through 401ks and IRAs and brokerage accounts and so forth you look at the numbers and the CAG has published a great slide book on this the bottom 50% has had a 47 percent increase in their net wealth consumer net wealth between home prices and share prices and that is a booster rocket to this economy it not only gives them confidence it gives them some serious spending power and consumer spending numbers bear it out so ours is an optimistic message and I think the president really carried the day in his speech yesterday thank you thank you think that soon it’ll start pretty soon it’s already started to a certain extent I asked them to do it China is going to be purchasing more than two hundred and fifty billion dollars worth of goods from our country that’s massive those are numbers that nobody’s ever heard of before and that number can grow it can grow with time it’s going to grow substantially I predict and then you have the u.s. MCA Mexico Canada and that’s massive numbers we’re talking about there and we made a deal with Japan forty billion dollars and we made a deal with South Korea that’s a tremendous deal also that was a horrible deal we turned it into a really good deal so it was really something while we were in Davos most of you know this we met with the world leaders of various world leaders including the President of the European Commission who were going to start negotiating a trade deal with because the European Commission was frankly in many ways tougher than China I say that respectfully but that’s the way it is they’ve taken advantage for a long time and so we’re gonna have a deal I suspect we’re gonna be able to make a deal otherwise we have to do something else and they’ll they’ll I think they’re gonna make a deal they haven’t wanted to negotiate with past presidents but they’re going to negotiate with me the president of the Swiss Confederation who’s been very nice and terrific the president of Kurdistan we had a tremendous meeting along with President Saleh of Iraq the Prime Minister Khan of Pakistan and president Ghani of Afghanistan in addition we met with many of the business leaders both at breakfast today and lunch yesterday and dinner yesterday many of you were at those meetings at least for a little while and tremendous numbers of John we’ll be coming into the United States a lot of these leaders these are the the biggest business leaders in the world and this morning was very inspirational I mean these companies are really going to expand and it was a request of mine but what we did we’ve been very good to them they’re all doing very well and we have companies from Europe companies from Asia now coming to the United States where that’s where the action is as one of them said that’s where the action is so it’s really been it’s really been great and now we’ll be going we’ll be leaving and going back to Washington okay yes well it’s a total hoax it’s a disgrace they talked about their tremendous case and it’s all done their tremendous case they had no case it’s all a hoax it’s a con job like Jeff he’s a corrupt politician now I’ll leave that to the Senate the Senate’s gonna have to answer that I have great respect for the Senate as a body and many of the individuals I have great respect so I’ll leave that to the Senate but this is the greatest witch hunt this started from the day I came down with the future first lady the day we came down the escalator this started and I watched the they’ve been driven crazy you know what’s driven them crazy all of these record numbers on unemployment african-american asian-american you take a look Hispanic American it’s numbers that nobody’s even believing they’re looking at all of this they’re looking at this tremendous success the likes of which they’ve never seen before in this country they’ve never seen anything like this and it’s driven the Democrats crazy as congressman Greene said Al Green he’s a beauty as congressman green said we gotta beat him by impeachment because we can’t beat him in the election and I hope that’s true because honestly they can’t beat me in the election I don’t think they can I know what they’re I know what I’ll be running against one way the other it’s one of them and I think we’re going to do very well but I think we’re going to do well because nobody’s done in the first three years less than three years because a lot of these numbers were taken from two months ago they ended two months ago in less than three years nobody’s done the kind of numbers we’ve done so I’m gonna head back and I’ll be watching it but it’s really going to be up to the Senate we’re gonna have them make that determination some very harsh words she had some very strong words here that the United States and other industrialized countries do you still feel that you’re doing enough how old is she that’s good but what is your response to who beat me out untie my cousin what do you hear from were other world leaders and business leaders who said that they know my dad was actually but I would have loved to have seen her speak I did not know I got it all I think what is I think aspects of it are I think that some people are they put it at a level that is you know unrealistic to a point you can’t live your lives we want to have the cleanest water on earth we want to have the cleanest air on earth our numbers as you saw we had record numbers come out very recently our numbers are very very good our environmental numbers or water numbers or numbers on air are tremendous we have to do something about other continents we have to do something about other countries when we’re clean and beautiful and everything’s good but you have another kind where the fumes are rising at levels that you can’t believe I mean I think Greta ought to focus on those places but we are doing better right now than we’ve ever done in terms of cleanliness in terms of numbers we have a beautiful ocean called the Pacific Ocean with thousands and thousands of tons of garbage flows toward us and that’s put there by other countries so I think Greta has to start working on those other countries by the way congratulations on you show a very wise decision can I ask you just to be clear and future presidents is abuse of power well you don’t talk to the lawyers about it but I will tell you there’s nothing here I had a very innocent conversation with a very fine gentleman from the Ukraine and it was based on that people don’t even want to talk about the conversation I got to watch glimpses in between all of these meetings that I just told you about I got to watch glimpses of what is taking place wasting time in Washington and I watched they don’t talk about my conversation they don’t talk about my transcripts remember this when Schiff made up the phony story and he repeated into Congress and the world and it was a totally phony story then I released the transcript there was supposed to be a second whistleblower what happened to him there was wait wait otherwise I won’t to your show wait there was supposed to be an informer what happened to the informer all of these people disappeared and when they saw this transcript they said we got problems but they went ahead because they were already there because they had a phoney concocted story made up so here’s the story did nothing wrong it was a perfect conversation it was totally appropriate the best lawyers in the world have looked at it the Department of Justice has looked at it given it a sign-off there was nothing wrong they never thought I was going to release the conversation they probably didn’t think we had transcribers or we had a transfer transcribed or taped but they never thought we’re going to he said when we released that conversation all hell broke out with the Democrats because they say wait a minute this is much different than shifty Schiff told us so we’re doing very well I got to watch enough I thought our team did a very good job but honestly we have all the material they don’t have the material well it depends but if you take a look at this and from what everybody tells me all I do is immodest and make great deals I’ve made great deals for our country now we’re working with the WTO you’re probably surprised by that but there’s been a long-term abusive situation to the US I make great deals for our country and their honor steals and when you read that transcription and by the way it wasn’t one call it was two calls nobody likes to talk about that there was one call which was perfect and then there was a second call I guess a couple of months later which was perfect the president of Ukraine said it was perfect the Foreign Minister of Ukraine said it was perfect so if we have a transcription we have the call and we have the person on the other side of the call saying it was good now here’s the other thing they got their money long before schedule they got all their money what nobody says is very important to me why is in Germany paying why isn’t UK paying why isn’t France paying why aren’t the European nations banging why is it always the sucker United States that’s one and the other thing I wanted to check very carefully and it’s very important is corruption and we do that too this was a perfect call and I think we’re doing very well what do you are discussing it already yes we would like to see if we can do something but again we’re doing a trade deal and it’s a very big deal phase 1 is done phase 2 is being discussed we are discussing aspects of your question yes at one point you demanded I can live either way I can tell you what I think it’s such a hoax I think it’s so bad for our country when we have the head of the World Trade Organization here and he has to listen to this nonsense about a call that was perfect that nobody talks about I never see them talking about the transcription I never see them talking about the call because there’s nothing to say you read it somebody should just sit there and read it and everybody’s gonna say you mean that’s an impeachable event if that were impeachable lyndon johnson would have had a leave office in his first day kennedy would have had a leave office his first day it’s a hoax and you understand it’s a hoax better than anybody it’s a hoax and that’s the way it is you american that after iran retaliated for the Soleimani strike no americans were injured we now know at least 11 US service men were airlifted from iraq can you explain the discrepancy no i heard that they had headaches and a couple of other things but i would say yeah and i can report it is not very serious they told me about it numerous days lady it has after s Department of Defense no I don’t consider them very serious injuries relative to other injuries that I’ve seen I’ve seen what Iran is done with their roadside bombs to our troops I’ve seen people with no legs and with no arms I’ve seen people that were horribly horrible injured in that area that war in fact many cases put those bombs put there by solemn a knee who’s no longer with us I consider them to be really bad injuries no I do not consider that to be bad injuries now another great question actually I don’t have a timeline but maybe I do in my own mind they have to move relatively quickly but they have to treat us fairly the European Union was formed pretty much for this reason I suspect you know if you really think about it why was it formed they formed their aeroplane company which does very nicely and now it’s doing better than ever because Boeing has not had a good time of it they have they have they better start recovering fast I hope they do they have some good people in there now they have great people in the company but they have some good people leading it now so hopefully that’ll be taken care of but I know I have a a date in my mind and it’s a fairly quick date and if we’re unable to make a deal then we’ll do even better we’ll do even better but they haven’t treated us right look the United States has been losing a hundred and fifty billion and more for many years 150 billion more I mean really more than that with the European Union they have trade barriers where you can’t trade they have tariffs all over the place they make it impossible they are frankly more difficult to do business with than China we have a great relationship with China now we had some testy moments very testy beyond testy worse than a lot of people would understand but we got it done and I think phase 2 will go nicely also but with the European Union and frankly I’ll be honest I wanted to wait till I finished China before I went to work on respectfully Europe but Europe you know so beautiful I guess a lot of us come in directly from Europe isn’t that nice but they are actually more difficult to do business with in China all you have to do is ask Boris but I think Boris is gonna be okay too I think he’s going to come out great I think he has he had a lot of guts he’s done a terrific job I think he’s in a good position which they would have never been able to do before Boris I have a date I have a very specific data in my mind I think I don’t want to look I’m not saying it from strength or from weakness I’m just saying they have to do it they wanted to make a deal this our nation our country wanted to make a deal under President Obama the EU refused to talk to him and then they said no no we like it the way it is of course they like it the way it is they’re making 150 billion plus right and as you know President Bush was desperate to make a deal they wouldn’t even talk to me they’re talking to and we’ll have a deal if we don’t have a deal we’ll do even better so we had a travel ban it’s a very powerful ban and a lot of hurt a reporter recently say he lost the ban in court they didn’t say that we wanted in the Supreme Court I’d say that’s a little deceptive John when he said he lost the travel ban I didn’t lose the travel ban the travel ban was lost in the lower courts and one in the Supreme Court two years ago no we are we’re adding a couple of countries to it we have to be safe our country has to be safe you see what’s going on in the world our country has to be safe so we have a very strong travel ban and we’ll be adding a few countries to it well you’re gonna be it’s gonna be announced very shortly in regards to the proceedings going on in the Senate would you’d like to see this over quickly would you like to see a thorough examination of the facts what did you make of the desktop between the White House Counsel fed cephalonian Jerrold Nadler last night and are you absolutely against john bolton testifies well you’re asking a lot of questions first of all Jerrold Nadler i’ve known him a long time he’s a sleaze bag everybody knows that pat Cipollone ii is a high-quality human being i was very impressed with pat he had great emotion yesterday like Pat’s a brilliant guy but I’ve never seen that emotion and that’s real emotion that’s because he knows this is a hoax and I was very proud of the job he did I’ve known I’ve known Jerry Nadler for a long time he’s opposed many of my jobs I got him all built very successfully built in New York but so we have yet another fight isn’t it isn’t it amazing isn’t it surprising isn’t it amazing but if if you look at you know other aspects or other parts of your your question I think that the I would rather go the long way I would rather interview Bolton I would rather interview a lot of people the problem with John is that it’s a national security problem you know you can’t have somebody who’s at national security and if you think about it John he knows some of my thoughts he knows what I think about leaders what happens if he reveals what I think about a certain leader and it’s not very positive and then I have to deal on behalf of the country it’s gonna be very hard it’s gonna make the job very hard he knows other things and I don’t know if we left on the best of terms I would say probably not you know and so you don’t like people testifying when they didn’t leave on good terms and that was due to me not due to him and so we’ll see what happens but when you have a national security you could call it presidential prerogative you could just call it the way I look at it I call it national security for national security reasons executive privilege they say so that would John would certainly fit into that when you’re a national security adviser like this gentleman’s doing the fantastic job Robert I just think it’s very hard and I’ve always gotten along I’ve actually gotten along with John Bolton he didn’t get along with other people a lot of other people but when he knows my thoughts on certain people and other governments and we’re talking about massive trade deals and war and peace and all these different things that we talk about that’s really a very important national security problem I think having somebody other people Mick Mulvaney is probably around here someplace I’d love to have Mick go but I think that he’s really expressed himself very well when he did a Chris Wallace interview that was a very very powerful interview that was a long tough chris is a tough interview a very talented guy and you know I think it’s not much he can add he’s been he’s been great I would like to have I’ll tell you what I don’t like though I’d love to have Mike Pompeo testify but again that’s a national security problem but I’d love to have Mike Pompeo but it’s a national security problem I’d love to have Rick Perry Rick Perry is ask me I’d love to testify please let me testify because he knows this is all a hoax he understands it better than most and Rick Perry would love to testify but we’re dealing with national security we’re dealing with one other thing our country has been tied up with this hoax from the day I came down the escalator we’ve been fighting it I’ve been fighting it from the day I’ve been elected I would say probably long before it could be long before I came down the escalator that some people have said that which is hard to believe it wait wait John it’s hard to believe we’ve been fighting this I would rather have personally I’d rather go the long route it’s horrible for our country our country has to get back to business we have people that are corrupt like Adam Schiff who misquote sir I don’t mean miss quotes makes up a statement he had no idea that I was going to release the transcript he never I do that and for that I thank the president of Ukraine because we got their approval he had no idea I was going to do that but these are corrupt people some of them and some of them are just playing the political game but if you look at the poll numbers my poll numbers are the highest they’ve ever been if you look at the funding numbers if you look at what the money raised by the Republican Party is just set a record nobody’s ever done this before it’s because of the impeachment hoax three love partners come forward and said that you knew everything that he was doing he’s a con man I don’t know him other than he’s sound like a groupie he shows up at fundraisers okay so I don’t know anything about him I watched Rudy Rudy is a terrific person great crime fighter the best mayor in the history of New York City by far solve the crime problem in New York and I think it’s very unfair the way the media’s treated Rudy Giuliani I will say this Parnas I don’t know other than he probably contributed they campaign along with tens of thousands of other people and I take I mean I was this weekend I was taking pictures with hundreds of people they there they contribute to the Republican Party and I stand there and I take pictures and every once in a while a look at somebody I say gee I wonder when that picture is going to be in the New York Times or The Washington Post or on Fox you know so what’s one of those things I think we want to use a high quality because I don’t want I don’t want there to be a conflict I’d love to have Rudy of my team but you know he could be a witness at some point if this whole sham continues I would love to have Rudy on the team he Rudy is on my team just so you understand but I’d love to have him up there but it could be that he’d have a conflict it could be but Rudy Guiliani is somebody that I think the press has been very unfair to greatest mayor in the history of New York think of it and one of the greatest crime fighters of the last hundred years and he hates to see what’s happening because he knows corruption really better than anybody okay go ahead so Ken Starr is a a terrific man I did make that statement because frankly I didn’t think that Bill Clinton should have been impeached and I thought it was terrible I didn’t know Ken Starr but I didn’t think that Bill Clinton should be in Paige should have been impeached and I was pretty vocal about that I didn’t know Ken but what I did know is he was very smart he was very tough he was very talented but in a certain way I was sticking up for Clinton for Bill Clinton and you know I felt I sort of still feel that way I mean what he did was nothing good there was a lot of lying going on there were a lot of things a lot of bad things now with me there’s no lying there’s no nothing they have nothing they don’t even have a crime they say this is the only one that’s ever been impeached and he didn’t commit a crime I didn’t commit a crime and then you get into high crimes and misdemeanors but I didn’t commit a crime so no I have great respect for Ken but I didn’t think frankly that Bill Clinton should have been impeached I’d love to go would that be great I don’t know I sort of love sit right in the front row and stare their corrupt faces I’d love to do it I don’t know doc don’t keep talking because I may you may convince me to do it I think they might have a problem I think they might and by the way I think I think they’ve oh I think they’ve done a really good job and I think the other side has so lied I watched the lies from Adam Schiff he’ll stand to look at a microphone it’ll talk like he’s so aggrieved these two guys these are major sleaze bags they’re very dishonest people very very dishonest people when somebody will make up a statement that I made when you remember the statement eight times quid pro quo eight times think of it how can you say eight times that would mean I was asking somebody eight different times so the same thing what kind of a conversation would that be if you asked once that’d be fine yes twice that a bit how can you ask eight times it would if they would say you’re a Looney tune right and then he said I think he finished by saying don’t call me I’ll call you that I said that he made that statement don’t call me I’ll call you and he didn’t say he made it up now ultimately he had to in a sense apologize he can hardly apologize but he had to apologize because fortunately we had a tape we had the transcripts I am so happy that I had the transcripts because it showed he’s a liar and he’s a fraud and they continued to just go on and on but this has happened to me with the Russian hooks this has happened to me I called it the witch hunt greatest witch hunt in American history and the molar report which exonerated totally there was no collusion after all that two years there was no collusion and then what happened to Jill Stein from the Green Party gets called a Russian agent by crooked Hillary and then tulsi gabbard I don’t know either of him but I know they’re not Russian agents gets called a Russian agent this is what these people do they demean and the press plays in because the press largely is their partner and you know one thing if we could straighten out the press in our country we would we would have a place that would be so incredible the press the press is so dishonest so corrupt I read it all the time stories I don’t mind bad stories well I deserve a bad story sometimes but when I do something great or good let it be written about good same thing with other people the corruption and the media as I call it the fake news media is unbelievable and hopefully everybody’s going to sort of learn a lesson people got Pulitzer Prizes for their coverage of me and it turned out they were totally wrong other people Sean Hannity Rush beau a lot of great people a lot of great writers they got it right they didn’t get Pulitzer Prizes but they got it right the Russian hoax was a terrible thing the dossier was a phony deal paid for by Hillary Clinton in the DNC and used in the FISA courts totally illegally no it’s a terrible thing that happened this was a takedown attempt at a sitting president of the United States and we caught them so let’s see what happens very excellent writer Bob Woodward I guess he’s doing another book on Trump but this time I’ll actually give him an interview he said you’re enjoying this aren’t you I said no I’m going to join he said no you act like you’re winning and you won you’re actually enjoying it I said I’m not enjoying it I’m doing it because it’s very important what I’m doing I consider what I’ve done here with this whole witch-hunt from day one with the insurance policy with a horrible statements made between struck and page and McCabe and Comey who lied to Congress and did so many other bad things he lied and he leaked when I finish I think that this is going to go down as one of the greatest things I’ve done for our country these are bad corrupt people these are bad people and very bad for our country thank you very much everybody thank you

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