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April 18, 2025 • 50 mins

In this "Best of Hannity" podcast, President Trump's press conference announcing tariffs and why it's so important to American global independence. It's all part of a real economic plan!

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Speaker 1 (00:01):
Hi, Thanks Scott on an hour two Sean Hannity Show,
eight hundred and nine to four one, Shawn our number
if you want to be a part of the program.
It is any moment now, we expect the President at
the White House to announce his tariff decision. He's calling
it Liberation Day. I can see in the crowd a
lot of working men and women. They will be the

(00:22):
biggest beneficiaries of bringing back factories, manufacturing, construction to this
country and not allowing other countries to take advantage of us.
The fact that people don't get that is a little
unbelievable to me. Interestingly, last year, Joe Biden's Treasury secretary

(00:45):
said tariffs don't lead to increases in consumer prices, the
exact opposite argument that democrats are making now Obama implemented. Anyway,
let's go to President's Trump. He's taken to the podium
on time.

Speaker 2 (00:58):
Thank you, nice crowd, a good looking group of people. Well,
we have some very very good news today and a
lot of good things are happening for our country. Please
sit down, my fellow Americans. This is Liberation Day waiting
for a long time. April second, twenty twenty five will

(01:20):
forever be remembered as today American industry was reborn, the
day America's destiny was reclaimed, and the day that we
began to make America wealthy again, going to make it wealthy, good,
and wealthy. For decades, our country has been looted, pillage, raped,

(01:41):
and plundered by nations near and far.

Speaker 3 (01:43):
Both friend and foe alike.

Speaker 2 (01:46):
American steel workers, auto workers, farmers, and skilled craftsmen, we
have a lot of them here with us today. They
really suffered gravely. They watched in anguish as foreign leaders
have stolen our job. Farign cheaters have ransacked our factories,
and foreign scavengers have torn apart our once beautiful American dream.

(02:08):
We had an American dream that you don't hear so
much about. You did four years ago, and you are now,
but you don't too often, and for many years and
decades even you didn't hear too much about. Our country
and its taxpayers have been ripped off for more than
fifty years.

Speaker 3 (02:24):
But it is not going to happen anymore. It's not
going to happen.

Speaker 2 (02:33):
In a few moments, I will sign a historic executive
order instituting reciprocal tariffs on countries throughout the world.

Speaker 3 (02:42):
Reciprocal. That means they do it to us and we
do it to them. Very simple. Can't get any simpler
than that.

Speaker 2 (02:53):
This is one of the most important days, in my opinion,
in American history. It's our decal of economic independence. For years,
hard working American citizens were forced to sit on the
sidelines as other nations got rich and powerful, much of
it at our expense. But now it's our turn to

(03:14):
prosper and in so doing, use trillions and trillions of
dollars to reduce our taxes and pay down.

Speaker 3 (03:21):
Our national debt. And it'll all happen very quickly.

Speaker 2 (03:25):
With today's action, we are finally going to be able
to make America great again, greater than ever before. Jobs
and factories will come roaring back into our country, and
you see it happening already. We will supercharge our domestic

(03:45):
industrial base. We will probably open foreign markets and break
down foreign trade barriers, and ultimately more production at home
will mean stronger competition and lower prices for consumers. This
will be indeed the golden Age of America.

Speaker 3 (04:02):
It's coming back. We're going to come back very strongly.

Speaker 2 (04:09):
We're pleased to be joined on this momentous occasion by
Vice President JD Vance at JD. Thank you, thank you,
thank you very mum, are you JD not? That wasn't
too hard to find? He was looking, you know, he
likes to take a low key attitude and usually he

(04:31):
said right in front.

Speaker 3 (04:32):
He's gaining a lot of confidence.

Speaker 2 (04:33):
Mike is and nearly my entire cabinet is here as
well as Speaker. Mike Johnson has done an amazing job.
And with the great success we had last night in Florida,
we have a majority of seven and seven's like a lot.
Well we had it at one. Right, You've done a

(04:56):
fantastic job. And many of the members of the House
and senator with us as senators, Congressman, thank you all
for being with us.

Speaker 3 (05:03):
We appreciate it.

Speaker 2 (05:05):
For decades, the United States slash our trade barriers and
other countries while those nations placed massive tariffs on our
products and created outrageous non monetary barriers to decimate our industries.
And in many cases, the non monetary barriers were worse
than the monetary ones. They manipulated their currencies, subsidized their exports,

(05:28):
stole our intellectual property, imposed exorbitant vat taxes, to disadvantage
our products, adopted unfair rules and technical standards, and created
filthy pollution havens. They were absolutely filthy, but they always
came to us and they said, we're violating.

Speaker 3 (05:47):
We should pay for it.

Speaker 2 (05:48):
It's all detailed in a very big report by the
US Trade Representative on foreign trade barriers. And I'll just
hold it up for you. It's available, and you don't
have to pay much. As I understand it, you'll pay nothing.
It's a lot of work, a lot of work for something, actually,
because it's a special it's a special book. It's very frankly,

(06:09):
it's very upsetting when you read it, when you see
what people have been doing to us for thirty years.
This all happened with no response from the United States
of America, none whatsoever.

Speaker 3 (06:21):
But those days are over. Let me offer just.

Speaker 2 (06:24):
A few examples of the vicious attacks workers have faced
for so many years. The United States charges other countries
only a two point four tariff on motorcycles. Meanwhile, Thailand
and others are charging much higher prices like sixty percent,

(06:44):
India charges seventy percent, Vietnam charges seventy five percent.

Speaker 3 (06:48):
And others are even higher than that. Likewise, until today.

Speaker 2 (06:52):
The United States has for decades charged a two point
five tariff. Think of that two point five percent on
fore and made automobiles. The European Union charges US more
than ten percent tariffs, and they have twenty percent vats
much much higher. India charges seventy percent, and perhaps worst

(07:14):
of all, of the non monetary restrictions imposed by southgre
in Japan and very many other nations. As a result
of these colossal trade barriers, eighty one percent of the
cars in South care are made in South Korea. Ninety
four percent of the cars in Japan are made in Japan.
Toyota sells one million foreign made automobiles into the United States,

(07:39):
and General Motor sells almost none. Ford sells very little.
None of our companies are allowed to go into other countries.
And I say that friend and foe, and in many
cases the friend is worse than the foe in.

Speaker 3 (07:53):
Terms of trade.

Speaker 2 (07:54):
But such horrendous imbalances have devastated our industrial base and
put our national security at risk.

Speaker 3 (08:02):
I don't blame these.

Speaker 2 (08:03):
Other countries at all for this calamity. I blame former
presidents and past leaders who weren't doing their job. They
let it happen. And they let it happen to an
extent that nobody can even believe. That's why, effective at midnight,
we will impose a twenty five percent tariff for Noll
far And made automobiles. Thank you, Brian, I'd like to

(08:29):
have you come up here for a second. Okay. I
just see him saying, he's been a fan of ours
and he understands this business a lot better than the economists,
a lot better than anybody.

Speaker 3 (08:41):
Brian, say a few words. Please, would you? Thank you,
thank you. It's great honor to have you. Thanks, thank you,
mister president.

Speaker 4 (08:47):
I grew up just north of Detroit, Michigan and McComb County,
known as the home of the Reagan Democrats. My first
vote for president was for Ronald Reagan. I thought that
was going to be the best president I ever saw
in my lifetime until Donald J. Trump came along. I
have watched my entire life, I have watched plant after

(09:09):
plant after plant in Detroit and in the metro Detroit
area close. There are now plants sitting idle. There are
now plants that are underutilized, and Donald Trump's policies are
going to bring product back into those underutilized plants. There's
gonna be new investment, there's gonna be new plants built.
And the UAW members and I brought twenty of them

(09:31):
with me, they're sitting.

Speaker 3 (09:32):
Right over here.

Speaker 4 (09:34):
We support Donald Trump's policies on tariffs one hundred percent. So,
mister President, we can't thank you enough. And in six
months or a year, we're gonna begin to see the benefits.
I can't wait to see what's happening three or four
years down the road. Thank you, mister president.

Speaker 3 (09:51):
Thank you so much. Thank you what a great He
got it right from the beginning.

Speaker 2 (09:56):
He got it before almost anybody else's group over there.

Speaker 3 (10:00):
Got it too.

Speaker 2 (10:01):
And you know, we won the state of Michigan. We
won almost all of them, but we won Michigan.

Speaker 3 (10:08):
By a lot. And I want to just thank you.

Speaker 2 (10:09):
All the auto workers were fantastic, the teamsters were fantastic.
Everyone who's pretty good. I will tell you, thank you
very much. I appreciate it. You're going to be very
happy very soon. And you probably see what's happening with
all of the not only car companies, but car companies
in particular. Say it, with all of the ones they're moving.

(10:31):
They're announcing day in, day out, you're seeing it. Nobody's
ever seen anything like that. With today's actions, we're also
standing up for our great farmers and ranchers who are
brutalized by nations all over the world.

Speaker 3 (10:44):
Brutalized. Canada, by the.

Speaker 2 (10:48):
Way, imposes a two hundred and fifty to three hundred
percent tariff on many of our dairy products.

Speaker 3 (10:54):
They do the.

Speaker 2 (10:55):
First, the first can of milk, they do the first
little carton of milk at at very low price, but
after that it gets bad and then it gets up
to two hundred and seventy five three hundred percent. So
when they're figuring what's Canada charging, they say, oh, about
two percent three percent. But take a look at what
happens down the road. When you look a little bit,
it's not a pretty picture. And we don't like it,

(11:17):
and it's not fair. It's not fair to our farmers,
it's not fair to our country. And with countries like Canada,
you know, we subsidize a lot of countries and keep
them going and keep them in business. In the case
of Mexico, it's three hundred billion dollars a year. In
the case of Canada, it's close to two hundred billion.
Dollars a year, and I say, why are we doing this?

(11:39):
Why are we doing this? I mean, at what point
do we say you got to work for yourselves and
you got it. This is why we have the big deficits.
This is why we have that amount of debt that's
been placed on our heads over the last number of years,
and we're really not taking it anymore.

Speaker 3 (11:56):
Through non tariff barriers.

Speaker 2 (11:58):
The European Union bands in shorts of most American poultry.

Speaker 3 (12:02):
You understand, they see, we want to.

Speaker 2 (12:04):
Send you our cars, we want to send you everything,
but we're not going to take anything that you have.
For Australia bands, and they're wonderful people and wonderful everything,
but they ban American beef. Yet we imported three billion
dollars of Australian beef from.

Speaker 1 (12:20):
Rank for stations along the Sean Hannity Show radio network.
We're going to stay with President Trump at the White
House announcing Liberation Day and announcing that he is implementing
as of midnight tonight, reciprocal tariffs twenty five percent tariff
on automobiles that are foreign. He will protect America's ranchers
and America's farmers, and reciprocal tariffs will be the new

(12:42):
policy of the United States. Will continue our coverage for
stations along the Sean Hannity Show network from.

Speaker 2 (12:48):
Fifty percent to five hundred and thirteen percent. In Japan,
our friend judges a seven hundred percent, but that's because
they don't want to selling rice another who can blow
name of them, Madam Secretary Agriculture, Great job you did
on eggs.

Speaker 3 (13:03):
By the way, the egg.

Speaker 2 (13:04):
Prices came down fifty percent. You got them down fifty
percent once we got involved. They were going through the sky,
the egg prices. They were going through the sky, and
you did a fantastic job. Now we have lots of
eggs and they're much cheaper, down about fifty nine percent now,
and they're going down further. We charged two point eight

(13:25):
percent for so many things that other countries are charging
two hundred percent, three hundred percent, then four hundred percent
for If imposing tariffs and protective barriers made nations poor,
then every country on Earth would be racing to eliminate
these policies, and China would be the first online. They
run a very strong country, but they're not first in line.

(13:49):
And the American people are paying a very big price
from seventeen eighty nine to nineteen thirteen, we were a
tariff back in the United States was proportionately the wealthiest
it has ever been. So wealthy, in fact, that in
the eighteen eighties they established a commission to decide what

(14:10):
they were going to do with the.

Speaker 3 (14:12):
Vast sums of money they were collecting.

Speaker 2 (14:13):
We were collecting so much money so fast, we didn't
know what to do with it. Isn't that a nice
problem to have? What do you think, Marco? Good problem?
Marco would love that problem. But we don't have that
problem anymore. But we're not going to have it very
much longer, I will tell you. But they collected so
much money they actually formed a commission to determine.

Speaker 3 (14:34):
What they were going to do with the money, who
they were going to give it to, and how much.

Speaker 2 (14:37):
Then in nineteen thirteen, for reasons unknown to mankind, they
established the income tax so that citizens, rather than foreign countries,
would start paying the money necessary to run our government.
Then in nineteen twenty nine, it all came to a
very abrupt end with a great depression, And it would
have never happened if they had stayed with the tariff policy.

Speaker 3 (14:59):
It would have been a much different story.

Speaker 2 (15:01):
They tried to bring back tariffs to save our country,
but it was gone.

Speaker 3 (15:07):
It was gone.

Speaker 2 (15:07):
It was too late, nothing could have been done. Took
years and years to get out of that depression, far
longer than even FDR had that office right over there
for a long period of time. The ramp system that's
rather intricate was built because of him, and every time
you walk up, you think of him.

Speaker 3 (15:25):
And he did a great job in many ways.

Speaker 2 (15:27):
But it lasted long beyond his terms, as you know.

Speaker 3 (15:31):
But it's not too late and any longer.

Speaker 2 (15:34):
And we're going to start being smart, and we're going
to start being very wealthy again. We're going to be
wealthy as a country. Because they've taken so much of
our wealth away from us. We're not going to let
that happen.

Speaker 3 (15:46):
We truly can be very wealthy.

Speaker 2 (15:47):
We can be so much wealthier than any country, it's
not even believable.

Speaker 3 (15:51):
But we're getting smart. Nearly a century later, in the.

Speaker 2 (15:54):
Face of unrelenting economic warfare, the United States can no
longer continue with a policy of unilateral economic surrender.

Speaker 3 (16:02):
We cannot pay.

Speaker 2 (16:04):
The deficits of Canada and Mexico and so many other countries.
We used to do it. We can't do it anymore.
We take care of countries all over the world. We
pay for their military, we pay for everything they have
to pay. And then when you want to cut back
a little bit, they get upset that you're not taking
care of them any longer. But we have to take
care of our people, and we're going to take care
of our people first.

Speaker 3 (16:24):
And I'm sorry to say that.

Speaker 2 (16:30):
And today we're standing up for the American worker and
we are finally putting America first. In sleepy Joe Biden's
last year in office, the United States hemorrhaged one hundred
thousand manufacturing jobs and the number was going through the

(16:52):
roof at levels never seen before. And our trade deficit
reached a record one point two trillion, which is unheard of.
Since the beginning of NAFA, the worst trade deal ever made.
It was a horror show. I was able to determine it.
They all said, you'd never be able to get it out.
We had to get approval from Congress to get it terminated.

(17:14):
We had to live with that deal was the worst deal,
worst trade deal ever made by far. But since the
very beginning of NAFTA, our country lost ninety thousand factories.
Think of what that is ninety thousand. Think about putting
a map up and putting texts on. You wouldn't have
enough room. Ninety thousand, I said, is that possible? We
had it checked four different times and it was actually

(17:37):
somewhat higher than that. And five million manufacturing jobs were
lost while racking up trade deficits of nineteen trillion dollars.

Speaker 3 (17:47):
That was the worst trade deal ever made.

Speaker 2 (17:50):
As a result of these gigantic losses, foreign nations now
owned twenty six trillion dollars more of American assets than
American Think of this, than the Americans own of their
own foreign assets or other foreign assets. The United States
can no longer produce enough antibiotics to treat our sick.
We have a tremendous problem. We have to go to

(18:12):
foreign countries to treat our sick. If anything ever happened
from a war standpoint, we wouldn't be able to do it.
We import virtually all of our computers, phones, televisions, and electronics.
We used to dominate the field, and now we import
it all from different countries. A single shipyard in China
now produces more ships every year than all of the

(18:33):
American shipyards combined. Think of that, and it was a
business that we used to dominate. We used to dominate
it totally. In short, chronic trade deficits are no longer
merely an economic problem. They're a national emergency that threatens
our security.

Speaker 3 (18:49):
And our very way of life.

Speaker 2 (18:50):
It's a very great threat to our country and for
these reasons. Starting tomorrow, the United States will implement reciprocal
tariffs on other nations. It's been a long time since
we even thought of that. We used to think about
it a lot. We didn't think about it for many decades,
and you see what's happened.

Speaker 3 (19:10):
For nations that treat us badly.

Speaker 2 (19:12):
We will calculate the combined rate of all their tariffs,
non monetary barriers, and other forms of cheating. And because
we are being very kind, we're kind people, very kind.

Speaker 3 (19:25):
You're not so kind when you get ripped off with
your salaries.

Speaker 2 (19:28):
My autoworker friends and my teamster friends, and all of
the unions that typically voted Democrat, they're not voting Democrat anymore.
Because the worker, whether union or non worker, they're for
the Republicans.

Speaker 3 (19:41):
Now, that's what happened.

Speaker 2 (19:43):
But we will charge them approximately half of what they are.

Speaker 1 (19:47):
And infestations along the Sean Hannity Show Radio Network. Liberation
Day being announced at the White House with President Trump.
We're going to continue our cover through the bottom of
the hour break bill O'Reilly at the top of the
next Howard, don't forget tesla or contest tannady dot com.
Today's ward of the day to register for Today's chance
to win is Liberation. We'll continue from the White House

(20:09):
President Trump.

Speaker 2 (20:12):
So if you look at that China first row, China,
sixty seven percent, that's tariffs charged to the USA, including
currency manipulation and trade barriers. So sixty seven percent. I
think you can, for the most part see it. Those
with good eyes with bad eyes. We didn't want to

(20:32):
bring the it's very windy out here.

Speaker 3 (20:33):
We didn't want to bring out the big charge because
it had no chance of standing.

Speaker 2 (20:38):
Fortunately, we came armed with a little smaller charge, so
sixty seven percent. So we're going to be charging a
discounted reciprocal tariff of thirty four percent.

Speaker 3 (20:48):
I think.

Speaker 2 (20:49):
In other words, they charge us, we charge them. We
charged m les. So how can anybody be upset? They
will be because we never charge anybody anything. But now
we're going to charge Union. They're very tough, very very
tough traders. You know, you think of European Union, very friendly.
They rip us off. It's so sad to see, it's

(21:10):
so pathetic. Thirty nine percent. We're gonna charge them twenty percent.
So we charge you can potentially have Vietnam. Great negotiators,
great people.

Speaker 3 (21:21):
They like me. I like them. The problem is they
charge us ninety percent. We're gonna charge them forty six
percent tariff.

Speaker 2 (21:28):
Taiwan where they make they took all of our computer
chips and semiconductors. We used to be the king, right,
we were everything. We had all of it.

Speaker 3 (21:38):
Now we have almost none of it.

Speaker 2 (21:39):
Except the biggest company is coming in they're gonna have
We're gonna end up with almost forty percent. Lee Zelden's
working to get their approvals and it's an amazing company,
mister way of one of the great companies of the world.

Speaker 3 (21:51):
Actually, they're coming in from Taiwan and.

Speaker 2 (21:53):
They're going to build one of the biggest plants in
the world, maybe the biggest for that, but sixty four percent,
we're going to charge them thirty two percent. Japan very
very tough, great people, and again I don't blame the
people for doing it.

Speaker 3 (22:08):
It's I think they're very smart in to it.

Speaker 2 (22:09):
I blame the people that sat right in that Oval office,
right over there, right behind.

Speaker 3 (22:13):
The resolute desk, whichever deak they chose.

Speaker 2 (22:17):
Japan forty six percent, they would charge us forty six percent,
and much higher for certain items like cars, you know,
little items like cars, forty six percent, were charging him
twenty four percent.

Speaker 3 (22:29):
India very very tough, very very tough.

Speaker 2 (22:33):
The Prime Minister just left, and he's a great friend
of mine, but I said, you're a friend of mine,
but you're not treating us right.

Speaker 3 (22:40):
They charged us fifty two percent.

Speaker 2 (22:42):
You have to understand, we charge them almost nothing for
years and years and decades, and it was only seven
years ago when I came in. We started with China charged,
and we took in hundreds of billions of dollars from
China in tariffs, and they understood. Honestly, Presidency understood. He said, look,

(23:02):
I understand, and the other countries and they all understand.

Speaker 3 (23:06):
We're going to have to go.

Speaker 2 (23:06):
Through a little tough love maybe, but they all understand
they're ripping us off, and they understood it. Prime Minister
of Japan. Shinzo was Shinzo Abbi. He was a fantastic man.
He was unfortunately taken from US assassination. But I went
to him and I said, Shinzo, we have to do

(23:28):
something at trade is not fair. He said, I know that.
I know that, and he was a great gentleman. He
was a fantastic man. But he understood immediately what I
was talking about. I said, Shinzo, we have to do something.
He said, I know that, and we've worked out a deal,
and it would have been a much better deal. But frankly,

(23:48):
there were many years left on the deal that was
made previous to my getting there, but it was it
was something if you look at Switzerland sixty one percent
to thirty one percent, Indonesia, Asia, Cambodi. Who look at
Cambodia in ninety seven percent, we're.

Speaker 3 (24:04):
Going to bring it down to forty nine.

Speaker 2 (24:06):
They made a fortune with the United States of America,
United Kingdom ten percent, and we'll go ten percent.

Speaker 3 (24:13):
So we'll do the same thing.

Speaker 2 (24:15):
South Africa, oh, sixty percent, thirty percent, and they've got
some bad things going on in South Africa.

Speaker 3 (24:22):
You know, we're paying them billions of dollars.

Speaker 2 (24:25):
That we cut the funding because a lot of bad
things are happening in South Africa. The fake news a
ought to be looking at it.

Speaker 3 (24:30):
They don't want to report it.

Speaker 2 (24:32):
Brazil ten percent, ten percent, Bangladesh is seventy four percent,
so you see what's going on. Pakistan fifty eight percent,
Sri Lanka eighty eight percent.

Speaker 3 (24:46):
So what we're doing is we're taking not the full.

Speaker 2 (24:49):
We could take the full eighty eight percent. Thanks a lot.
He's doing a very good job.

Speaker 3 (24:53):
How's he doing? All right?

Speaker 2 (24:55):
I think you better take it with you. It's not
gonna last very long. He's gonna put it. This going
to follow you down with the wind. I brought a
hat just in case you got too windy. But here
would anybody like a hat.

Speaker 3 (25:08):
I'm giving I'm not giving it to a cabinet. I'm
giving it to the auto worker's covering. Thank you fellas. Yeah,
that's it, that's it.

Speaker 2 (25:23):
They deserve it more than our cabinet. Our cabinet has
plenty of hats.

Speaker 3 (25:29):
But you see the numbers.

Speaker 2 (25:31):
The numbers are so disproportionate, they're so unfair. At the
same time, we will establish a minimum baseline tariff of
ten percent. You notice that on the chart, and that'll
be on other countries to help rebuild our economy and
to prevent cheating.

Speaker 3 (25:46):
So we're gonna have a minimum of cheating, and we're.

Speaker 2 (25:49):
Gonna be very severe on the people that at the gate,
that watch the tariffs and watch the product coming in,
because there's been a lot of a lot of bad
things happening at the gate. Because the money is so
annoy ormous that you're talking about, there's never been probably
anything like it in terms of the enormity, and there
are a lot of bad things happen at the people

(26:09):
that do the check in, and they're looking at ten
year jail sentences. If they do play, we're going to
treat them so good, but if they cheat, the repercussions
are going to be extremely strong. Fig nations will finally
be asked to pay for the privilege of access to
our market, the biggest market in the world, where right
now the biggest market in the world. We had a
great country four years ago in terms of the economics.

(26:33):
We were doubling up on China. We were doing so
well nobody was going to catch us. But so much
of it slipped away over the last four years under Biden.
I campaigned on this policy throughout last year and today.
That promise was made, and it was also a promise,
as you know, that was kept.

Speaker 3 (26:49):
Promise is made, promises kept.

Speaker 2 (26:56):
Any company that objects to our common sense reciprocal tariffsing
and reciprocal, back and forth, back and forth, and were
I call this kind reciprocal. This is not full reciprocal.
This is kind reciprocal. But what we do is we
cut it in half. We charge them. My answer is

(27:16):
very simple. If they complain, if you want you're tariff
right to be zero, then you build your product right
here in America because there is no tariff if you build.

Speaker 3 (27:24):
Your plant, your product in America.

Speaker 2 (27:28):
And we've seen companies coming in like we've never seen before. Likewise,
to all of the foreign presidents, prime ministers, kings, queens,
ambassadors and everyone else who will soon be calling to
ask for exemptions from these tariffs, I say, terminate your
own tariffs, drop your barriers, don't manipulate your currencies. They

(27:50):
manipulate their currencies like nobody can even believe, which is
a bad, bad thing and very devastating to us, and
start buying tens of billions of dollars of American goods.
Tariffs give our country protection against those.

Speaker 3 (28:05):
That would do us economic harm.

Speaker 2 (28:06):
And many people were looking to do us economic harm.

Speaker 3 (28:10):
Maybe not so.

Speaker 2 (28:13):
Obviously, but they were doing tremendous economic harm. But even
more importantly, they will give us growth. These tariffs are
going to give us growth like you haven't seen before,
and it'll be something very special to watch. I am
so looking forward and Brian, it's going to happen even
faster than you said. You know, you might, you might say,
but it's already started. It's already started. Work's already begun

(28:38):
on plants all around the country. And you see that
as before. These are big rich companies. We have sixty
one billion dollars started on a big plant going up.
It's going to be announced over the next two days.
And they already started work. Many of these biggest, the
biggest companies in the world, they've committed to.

Speaker 3 (28:56):
Build the build to build. We're going to build, build, build, sir.

Speaker 2 (29:00):
And they came here to see me, and they came
wanted to know if they could have.

Speaker 3 (29:03):
A press conference. They do as spend as I can.

Speaker 2 (29:05):
I'm pretty busy trying to stop Russia and Ukraine and
the Middle East.

Speaker 3 (29:09):
We got to stop that.

Speaker 2 (29:10):
We're going to stop the houtis, which we're making tremendous.
They like shooting ships down and out of the water
seeking ships.

Speaker 3 (29:18):
They get a kick out of it. But they're not
getting such a kick.

Speaker 2 (29:20):
Out of it now, are they, mister Secretary. They're not
getting such a kick out of that now. But here
are just a short list of some of the companies
that have already announced and committed to investment. And this
is a company that built its factories and its plants
in China. Apple is going to spend five hundred billion dollars.

Speaker 3 (29:44):
They never spent money like that here.

Speaker 2 (29:46):
They're going to build their plants here, Soft Bank, Open Ai,
and Oracle great companies are investing five hundred billion dollars.

Speaker 3 (29:57):
Almost immediately.

Speaker 2 (29:59):
Navidia, the hot company, is investing hundreds of billions of dollars.
They just announced TSMC, the biggest, most important company in
the world of chips from Taiwan with no investment from US,
is investing two hundred billion. And they said the reason
was number one, the election of November fifth, and number
two the tariffs.

Speaker 3 (30:20):
They don't want to pay the tariffs.

Speaker 2 (30:21):
And the way they're not paying it is to build
their plan here. So we're going to go from almost
no percentage. We used to have one hundred percent of
the chip market. Now it's all in Taiwan. Almost all
of it's in Taiwan, a couple of other countries, but
mostly in Taiwan. And think of it, we had one
hundred percent. We lost it because of people in that
office that didn't do their job. They allowed it to

(30:42):
be stolen from us. Johnson and Johnson Great Company, fifty
five billion dollars, ELI Lilly twenty seven billion, Meta is
investing five hundred billion dollars, while de Mac is investing
twenty billion, CMA, CGM twenty billion dollars. And then you

(31:03):
have Merk and Clariers, Stallanthis, General Motors, Geerospace, Honda and Nissan,
Hyundai are all putting in billions and billions of dollars
and they're committed one hundred percent. So and we have
never had We've never had. And this is after two
and a half months. This is not this is after

(31:23):
just a short This all took place as soon as
we came out with what everybody wanted to do.

Speaker 3 (31:28):
You know, I watched The Gentleman Today on television.

Speaker 2 (31:31):
Used to work with Leia Kokova, respected automobile person, and
he said, you know, because they're asking people, they try
and get as many negative people as they can, but
they can't find them too much. It's pretty hard to
find in terms of what we're doing, especially when they
see all this investment.

Speaker 3 (31:47):
They said, So tell me, what do you.

Speaker 2 (31:48):
Think of what Trump is doing from the automobile standpoint,
He said, I can't believe it. Somebody is finally he's
an older guy, real pro, really top guy with lee.
Ayakok said, I never thought i'd see the day when
this would happen where somebody had the courage to go
and do what has to be done.

Speaker 3 (32:07):
This is transforming our nation.

Speaker 2 (32:10):
Our entire nation is going to be transformed, not only
with the cars, but on every single other item that's built.
We're going to become an industrial powerhouse. And he said
that so beautifully. Today is in fact, I'm going to
find out. I'm going to get a tape and Bruce,
I'm going to get that tape and I'm going to
send it to you out in Long Island and you're
going to play it for the people and all your

(32:31):
union workers and your non union workers out there. You
got a pretty even split. But we have so far
it looks like we're going to have about six trillion
dollars of investments, and you wouldn't do that in years
in this country over the last number of years. Six
trillion dollars and that's going to be much higher by

(32:51):
the end of the year. And think of what six
trillion dollars is. You wouldn't have even a small percentage
of that under this the system.

Speaker 3 (33:00):
We're going to be an.

Speaker 2 (33:01):
Entirely different country, and it's going to be fantastic for
the workers, it's going to be fantastic for everyone. There
will never have been a transformation of a country like
the transformation that's already happening in the United States of America.
It's an incredible thing to watch, and it's incredible to
meet with the top people, people that you read about,
very wealthy people, or people that are great managers and

(33:24):
executives and presidents of big public companies, and to watch
the enthusiasm they have now that they didn't have. They
gave up on our country. They went to foreign countries
and they built companies are pouring into our country at
levels never seen before, with jobs and money to follow.

Speaker 3 (33:40):
And it's really beautiful.

Speaker 2 (33:42):
In the coming days, there will be complaints from the
globalists and the outsources and special interests and the fake
newsways fake news will always complain, but never forget. Every
prediction our opponent's made about trade for the last thirty
years has been proven totally wrong. Wrong about NAFTA, they
were wrong about China. They were wrong about the Transpecific Partnership,

(34:06):
which would have been a disaster if I didn't terminate it.
If I didn't turn that terminate that United Auto Workers,
you would have had no jobs in this country. You
would have had no jobs.

Speaker 3 (34:18):
I was all going to other countries in my first term.

Speaker 2 (34:23):
They said tariffs would crash the economy. Instead we built
the greatest economy in the history of the world. And again,
I have great respect for presidency of China, great respect
for China. But they were taking tremendous advantage of them
of us, and I commend them for that. I say, hey,
if you can get away with it, that's okay. But

(34:44):
you know, they understand exactly what's happening. And they probably
most of them, are saying it's about time they did something.
But and they're gonna fight. They're gonna fight for everyone's
going to fight. You know. It's like I say to
the leaders, Look, you got to take care of your country,
but we have to start taking care of our country now.
We can't do what we've been doing for the last
fifty years.

Speaker 3 (35:04):
From the day of my election.

Speaker 2 (35:06):
The stock market went up in my first term eighty
eight percent, with NaSTA going up one hundred and fifty
five percent, more than any president has ever had in
any term in office by far. And I think we're
going to blow that away. And maybe the numbers won't show,
but I think they're going to show much better than

(35:28):
even those numbers. But what you're going to see is
you're going to see activity that empty, dead sites, factories
that are falling down. Those factories will be knocked down
and they're going to have brand new factories built in
that place. And not only talking about renovating, they're talking
about brand new, the best anywhere in the world, the
biggest anywhere in the world. Have a friend who bills
car plants, and I said, I want to see the

(35:49):
biggest and the best. He said, well, we have to
go to Mexico. I said, now, I want to see
it in the United States. He said, we're not building
them in there.

Speaker 3 (35:56):
This is a year and a half ago.

Speaker 2 (35:58):
During the campaign he said, we're not you'd have to
go to Mexico. When I was starting to decide to run,
and I went to number one in the polls very rapidly,
I want to say, I want to like, let's say,
in the first in the first hour, and then shortly thereafter,
it looked like I was going to win, and the
fake news were saying, oh, no, don't do this. What

(36:18):
they don't know is if I didn't win, they would
have really been in trouble because nobody wants to read
them anyway. But I tell you what, when I when
it looked like I was going to win, I announced
that I was going to be doing exactly what we're
talking about today.

Speaker 3 (36:33):
Great consistency actually because I've.

Speaker 2 (36:34):
Been talking about it for forty years, but because I
saw what was happening forty years ago.

Speaker 3 (36:40):
If you look at my old speeches when.

Speaker 2 (36:41):
I was young, very handsome, my old speeches, and that
people would say I'd be on a television show, I'd
be talking about how we were being ripped off by
these countries.

Speaker 3 (36:52):
I mean, nothing changes very much.

Speaker 2 (36:54):
The only thing the change were the countries, but nothing
really changes. But you know it's so, I said, an honor.
It's such an honor to be finally able to do this.
If you look at China, I took in hundreds of
billions of dollars in my term, hundreds of billions. They
never paid ten cents to any other president, and yet

(37:15):
they paid hundreds of billions, so much so that Biden
couldn't do anything. They wanted to try and terminate it
because he had a very special relationship with China.

Speaker 3 (37:25):
You know what the relationship was. He had a special.

Speaker 2 (37:28):
Election, but the numbers were so big, the numbers were
so big that they couldn't do it.

Speaker 3 (37:36):
So they did ease it up. They did things that
they shouldn't have done.

Speaker 2 (37:40):
They made it a lot more comfortable for them, but
they couldn't do it because the numbers were hundreds of
billions of dollars. And I did that, and we were
on our way to doing something like incredible, and that
we had a very bad election.

Speaker 3 (37:55):
Happened, very bad election. A lot of bad things happened.

Speaker 2 (37:57):
So when I said we're going to do it again,
I said, we have to make it too big to rig.
And we made it too big to rig, and we
won in records.

Speaker 3 (38:04):
And it was a monumental win.

Speaker 2 (38:07):
And it was such an honor to see so many
of you, like Brian and your friends here with us
to celebrate, and to more importantly celebrate what we're doing,
because that wouldn't be a full celebration if we didn't
do this, Because this will be an entirely different country
in a short period of time. It'll be something the
whole world will be talking about it. The critics made

(38:28):
the very tired predictions earlier this year, but in February,
core inflation dropped to the lowest rate in four years,
and the price of eggs, as you know, just in.

Speaker 3 (38:38):
A couple of in a month and a half.

Speaker 2 (38:41):
We were there for four weeks, and the first week
I got blamed for eggs.

Speaker 3 (38:47):
I said, I just got here. They said eggs have gone.

Speaker 2 (38:50):
Up at like two hundred and fifty percent and you
can't get eggs, and they were going crazy, and I said,
I just got here. And then we got to work
on eggs, and we got to work on everything in
our great Secretary of Agriculture, you did a fantastic job,
Brooke Rollins.

Speaker 3 (39:09):
You did a fantastic job.

Speaker 2 (39:10):
And as I said before, the price of eggs drop
now fifty nine percent and they're going down more and
the availability is fantastic. They were saying that for Easter,
please don't use eggs, could you use plastic eggs? I said,
we don't want to do that. We want to and
you really came through. It's an amazing job. Thank you
very much, Brooke. You did great. But likewise, an old

(39:31):
fashioned term that we use, groceries, I used it in
the campaign. It's such an old fashioned term, but a
beautiful term, groceries. It so it says a bag with
different things that it. Groceries went through the roof and
I campaigned on that. I talked about the word groceries
for a lot. And energy costs now are down, groceries
are down, Gasoline is way under three dollars and people

(39:52):
are beginning to be able to buy things and live again.
We brought prices way down. We created ten thousand already
in a few weeks new manufacturing jobs, and it was
that took place in one month, numbers that they haven't
seen in a long time.

Speaker 3 (40:08):
We had virtually no inflation under my term.

Speaker 2 (40:11):
We had virtually no inflation for four years, but after
transitioning over to Sleepy Joe, it went from almost nonexistent
to the highest in the history of our country. They're
the highest inflation and the history of our country, brought
up by energy and bad spending and bad policy, and
a lot of bad things happened. How about allowing millions

(40:33):
and millions and millions of people to pour into our
country with open borders where the it's so sad to
see even now, and I see our great Secretary of
you have done. Stand up, please, Christy, stand up, Christie
Home and Tom Homan.

Speaker 3 (40:55):
These the people are doing a great job, but gotten
them out.

Speaker 1 (40:58):
In records sor right for stations along the Sean Hannity
Show Radio network. We will continue our live coverage. President
Trump announcing Liberation Day tariffs now ten percent minimum baseline,
thirty four percent on China, twenty percent on the EU,
twenty five percent tariff on all foreign automobiles, incentives to

(41:21):
buy American cars. He's had some very funny lines in there.
This is going to be the industrial Revolution. Our destiny
will be reclaimed. We will make America wealthy again. Foreign
leaders have taken advantage of US scavengers he referred to them,
and they've ripped us off the last fifty years. And

(41:43):
he's signing an executive order of reciprocal tariffs, and the
days of America being taken advantage of are over. This
is our declaration of economic independence and we will no
longer We can no longer unilaterally economically surrender.

Speaker 4 (42:03):
Wow.

Speaker 1 (42:03):
Powerful remarks, and this will have a powerful impact on
the industrial strength of America moving forward in the Golden
age of America is coming back and lower prices for
American citizens on all goods. We're going to continue our
coverage through the top of the hour. Don't forget on
Hannity dot com. You can register every day now through
April the eleventh to winter free Tesla, by the way,

(42:25):
the most American made car. Just go to Hannity dot
com click on the test likon now through April the eleventh.
Once a day you can register. Today's word of the
day is liberation. Our appropriate back to the White House
and President Trump. Bill O'Reilly at the top of the
hour to go out.

Speaker 3 (42:42):
They want them to even be brought back. Let's bring
them back.

Speaker 2 (42:45):
You've done a fantastic job, and please thank everybody. Homeland Security,
thank everybody appreciate it. And we now have a border
that's the best border that we've ever had, even better
than it was my first term. My first term we
did good, but this one we really specialized and we've
done really well. And we had records then we had

(43:08):
with the best safest border four years ago, with the
best border there ever was, and now we have you've
actually matched it and done even better.

Speaker 3 (43:16):
And we're going to get it down the right way.

Speaker 2 (43:19):
And we want people, by the way, to come into
our country, but we want to come in through a
legal process.

Speaker 3 (43:24):
We want them to come in legally. We need more people.

Speaker 2 (43:27):
We need people to run these plants and to help
the ODA workers and the teamsters and the non union
people and everybody else.

Speaker 3 (43:34):
But we need people on the farmers.

Speaker 2 (43:36):
And we're going to let people come in, but they
want to come in, we want them to come in legally.
They have to have the capability of loving our country.
Not people that hate our country. We don't want them
in our country. And now we're going to pass the
largest tax cuts in American history, and.

Speaker 3 (43:51):
That's where we're relying on Mike and John Thune.

Speaker 2 (43:55):
And we will not cut Social Security, Medicare, or Medicaid benefits,
and the Democrats will because if they got in, the
entire economy would collapse.

Speaker 3 (44:06):
This country is heading for a collapse.

Speaker 2 (44:09):
Under the people that you saw, they were horrible. I
think one of the reasons people liked the job I
have my highest approval is because I think they're comparing
me to the worst administration in the history of our country.
So I appreciate that at least. But Speaker of the
House Mike Johnson and Senate Majority Leader appreciate it. Mike

(44:30):
john Thune have been fantastic, by the way, but they've
been working tirelessly on taking the next step to pass
the plan for our one big beautiful bill. I'd like
to name it that if you can one big I
made that statement about six months ago, and everybody calls
it one big beautiful bill, and it will be that.

(44:50):
It'll have everything, the big tax cuts and every incentive
there is, and it'll be uh fantastic. And by the way,
for the cars, we're asking for an interest deduction on
the loan. So if you build the car only in America,
we do it.

Speaker 3 (45:05):
Brian.

Speaker 2 (45:05):
If the car's not built in America, you don't get
the interest rate.

Speaker 3 (45:08):
Deduction.

Speaker 2 (45:09):
But if you build the car in America, if you
buy a car, if it's built in America, then you
get an interest rate deduction, tax deduction. And that's a
big thing. It's going to be a big thing. I
think that's going to pay for itself very quickly. That
deduction never happened. We've never had anything like that before.
Somebody said, way, do you get the idea? Because it's
so basic, you would think that would have happened a

(45:30):
long time ago. It never did, and I'm very happy
it didn't because now I can say that was my idea.
But we're going to get us closer to the debt extension.

Speaker 3 (45:42):
We have to get the debt extension.

Speaker 2 (45:44):
Passed, and I know you're going to be able to
do that, Mike, and it's very important that you do
that and all of the other things that the Senate
Budget Plan gives us along with working because I know
they're working together, John and Mike, and the two bills
are going very well together. We need to get our
shared priorities done, including certain permanent tax cuts. We want
the tax cuts to be permanent, spending cuts, energy and

(46:07):
historic investments in defense, border, and so much more.

Speaker 3 (46:11):
We're covering everything. These will be phenomenal. There'll be no
bill like this.

Speaker 2 (46:16):
It's going to straighten one bill is going to straighten
out our country for many, many years to come. And
we said, let's just do it, and let's get it done.
And some guys will love it, and some guys will
like it a little bit less because they're not getting
what they were exactly looking for.

Speaker 3 (46:31):
But they're getting a lot they'll never If we.

Speaker 2 (46:33):
Get this done, it'll be the most incredible bill ever
passed in the history of our Congress and Senate and congressmen.
The senators and the congressmen, many of whom we're here today,
will be very proud of themselves. I really believe that
it's going to set us on a whole new prosperous path.
We're going to cut spending and right size the budget

(46:53):
back to where it should be.

Speaker 3 (46:55):
We're going to do that very strongly. Thank you, Thank you, John,
thank you. Oh look at all of our senators over.
Oh boy, that's.

Speaker 2 (47:05):
A nice group of people, but I won't like them
so much if they don't get this bill done out.

Speaker 3 (47:12):
That's a great group.

Speaker 2 (47:13):
And Congressman, thank you very much. I appreciate tremendous people.
The Senate plan is my complete and total support, and
the House plan likewise is very similar.

Speaker 3 (47:23):
They're moving along pretty much at the same clip.

Speaker 2 (47:25):
And as soon as you're ready, you'll show it to me,
and I'm sure it'll have my support. Monk, every Republican
Congressman and Senator must unify. We have to unify. We
can't be separated. We have to get it done. We
have to get absolutely everything we can, and we have
to take care of the American people. That's the only
thing that matters. We have to take care of the
American people first. We need to pass this bill immediately,

(47:48):
get it done, including debt extension. From this day on,
We're not going to let anyone tell us that American
workers and families cannot have the future that they deserve.
We're going to produce the cars and ships, chips, airplanes, minerals,
and medicines that we need right here in America. The
pharmaceutical companies are going to become roaring back.

Speaker 3 (48:10):
They're coming roaring back. They're all coming.

Speaker 2 (48:13):
Back to our country because if they don't, they got
a big tax to pay. And if they do, I'll
be very happy. And you're going to be very happy,
and you're going to be very safe. We're going to
build our future with American hands, with American heart, American steel,
and we're going to build it with American pride like
we used to. We're approaching our one hundredth day as

(48:34):
president and have been given credit by a lot of people,
actually even some of the fake news, can you believe it,
which in this case hopefully isn't fake, for having done
more in that time than any other administration in the
history of our country. In the first one hundred days,
I think we've had an amazing in terms of what

(48:55):
we've done, what we've gotten accomplished to see if we
can get that war end and another war from not
starting in the Middle East.

Speaker 3 (49:05):
We have to get Russia.

Speaker 2 (49:06):
They're losing two thousand, on average, two thousand five hundred
people of the day, young people, soldiers Russian to think
of that, two thousand five hundred through some days, but
on average, probably over about.

Speaker 3 (49:20):
It all right.

Speaker 1 (49:20):
President Trump on what he's calling Liberation Day, announcing a
series of tariffs he is now implementing around the country.
He's calling it reciprocal tariffs, thirty four percent on China,
twenty percent on the EU a minimum baseline of ten
percent twenty five percent tariffs on all automobiles. He talked
about fairness for manufacturers, factories, auto workers, farmers, ranchers. How

(49:47):
we have been pretty much a sucker nation, as I've
been saying. Now the President has moved on to other issues.
He's talked about this being America reclaiming its destiny, making
America rich again. This is an industrial revolution that he's
leading and the declaration of economic independence. We're gonna get
reaction to this, and Bill Maher and his dinner with

(50:10):
Donald Trump. We'll check in with Bill O'Reilly next and
your calls eight hundred and ninety four one, Shawn

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