Enhance Your English with U.S. Government News – TSMC announces investments in Arizona 2025. 3. 3.

0:04 thank you very 0:11 much thank you very much this is a very 0:15 big day for a lot of reasons but uh this 0:19 gentleman is a very unique man that’s uh 0:23 I think I could say in the world of 0:25 chips certainly but in the world pretty 0:27 much of business nobody’s done what is 0:30 done very uh for those of you that are 0:32 into that world uh you would say wow 0:35 he’s a legend but he is a legend and 0:37 it’s an honor to be with you very great 0:39 honor thank you very much thank you very 0:42 much uh welcoming from tsmc which is the 0:48 biggest there is at a level 0:50 that uh you can’t even calculate frankly 0:54 CC way to the White House for a very 0:57 historic announcement this is a 0:59 tremendous 1:00 thing for our country and hopefully for 1:03 his company we’re also pleased to be 1:05 joined by Commerce Secretary Howard 1:07 lutnick and White House Ai and Si the 1:12 crypto Zar David Sachs another two very 1:15 highly respected people it’s great to 1:18 have you guys involved and David thank 1:21 you very much for coming on David is 1:24 sort of the king of of intellect in that 1:27 world we have some good people to today 1:30 Taiwan semiconductor is announcing that 1:32 they will be investing at least $100 1:35 billion in New Capital in the United 1:38 States over the next short period of 1:40 time to build state-of-the-art 1:42 semiconductor manufacturing facilities I 1:45 think mostly it’s going to be in Arizona 1:46 which is what I understand which is a 1:48 great a great state I like it because I 1:51 won it but I won most of them actually 1:55 but I did we wanted and we wanted big 1:58 the most powerful AI chip in the world 2:00 will be made right here in 2:02 America and it’ll be a big percentage of 2:04 the chips made by his company but uh as 2:07 you know they’re based mostly in 2:09 Taiwan and they’re Far and Away the 2:12 biggest there’s nobody even close this 2:14 $100 billion dollar in new investment 2:16 will go into building five Cutting Edge 2:19 fabrication facilities in the great 2:22 state that we just discussed Arizona and 2:25 will create thousands of jobs many 2:27 thousands of jobs and the high paying 2:30 jobs in total today’s announcement 2:32 brings Taiwan semiconductor Investments 2:34 to about 165 billion they’ve started 2:38 already among the largest new foreign 2:40 direct investments in the United States 2:42 apple as you know made a big 2:44 announcement last week of 500 billion 2:47 and we have some others that have 2:48 announced we have many that want to 2:50 announce but I don’t have time to do all 2:53 of these announcements I tell you but 2:55 for you I’m doing the announcement thank 2:57 you this will create hundreds of 2:58 billions of dollars and economic 3:00 activity and boost America’s dominance 3:02 in artificial intelligence and Beyond 3:05 semiconductors are the backbone of the 3:07 21st century economy and really without 3:11 the semiconductors there is no economy 3:14 powering everything from AI to 3:15 automobiles to advanc manufacturing and 3:19 we must be able to build the chips and 3:20 semiconductors that we need right here 3:22 and American factories with American 3:25 skill and American labor and that’s 3:27 exactly what we’re doing as you know 3:30 Taiwan pretty much has a monopoly on 3:32 that market and I think pretty much is 3:35 not a term that’s even appropriate they 3:36 do have a monopoly and this is a 3:39 tremendous move by the most powerful 3:41 company in the world it’s a matter of 3:43 Economic Security it’s also a matter of 3:46 national security for us and at the same 3:49 time uh Mr way will be able to diversify 3:54 and have his a tremendous presence in 3:57 another place and a safe very safe place 3:59 and I want to thank Taiwan semiconductor 4:02 for doing the announcement and I’d like 4:06 to ask Mr way to say a few words if you 4:09 might and I’d also like to ask Howard 4:11 and David you can say a couple of words 4:13 but maybe you should go first because 4:15 right now he’s the most important man in 4:17 the room I’m sorry fellas please thank 4:20 you very much thank thank you great 4:21 honor president thank 4:25 you I’m uh I’m a de numers so I have to 4:30 pull out my uh piece of paper uh Mr 4:35 President uh secretary n and David I 4:40 didn’t know that you are title 4:43 but okay 4:46 um first I want to thank uh say thank 4:50 you to Mr President to give me uh this 4:54 opportunity to announce our big project 4:58 in the US 5:00 uh 5:01 tsmc is the world’s largest chip 5:04 manufacturing funded by Dr Morris Chen 5:09 in 5:10 1987 is now at the Forefront of 5:13 semiconductor 5:15 technology supporting AI advancement and 5:18 Industry 5:19 growth in fact I would like to uh wind 5:23 back uh the time that in 2020 we have to 5:28 S president Trump 5:30 vision and his support so uh tsmc start 5:35 the Journey of 5:37 establishing the advanced chip the 5:41 manufacturing uh in Arizona and 5:45 now let me uh uh proudly say now the 5:50 vision become reality in Phoenix 5:54 Arizona uh with 3,000 employees we are 5:58 producing the most Advan chip me on us 6:03 so uh with the success of our first P so 6:07 we are now uh very happy to announce we 6:10 are going to invest additional 100 6:14 billion US in addition to our current 65 6:19 billion US investment in Arizona we are 6:23 going to build three more new FB be 6:27 after we promise the three FBS already 6:30 and another two very advaned packaging F 6:35 and most important R&D Center also in 6:41 Arizona 6:42 um for this all the investment 165 6:46 billion is going to create thousand of 6:50 the high PID job as a president just 6:53 announced and we are most important 6:56 actually we are going to produce many AI 6:59 chips we’re going to produce many uh 7:02 chips to support the 7:04 ai’s progress and to support the 7:08 smartphones of 7:09 progress and again with that uh I want 7:14 to thank president Trump again for his 7:18 uh support in addition I also want to uh 7:22 thank my customers in the US such as uh 7:26 Apple Nvidia am D quam Bram they all 7:32 support tsmc some Manufacturing in the 7:36 US without their support we probably 7:39 cannot make it true so again I want to 7:43 uh thank 7:45 them also I I’d like to thank the tsmc’s 7:49 employee without their effort we just 7:52 cannot make it today that’s all I want 7:55 to say and thank you thank you that’s 8:00 thank you Howard please David thank 8:07 you so I’m thrilled to be here today 8:11 because uh president Trump has made it a 8:15 fundamental objective to bring 8:17 semiconductor chip manufacturing home to 8:20 America um under the Biden 8:23 Administration uh tsmc received A6 8:28 billion doll Grant and that encouraged 8:31 them to build $65 billion so America 8:35 gave tsmc 10% of the money to build here 8:39 and now you’re seeing the power of 8:41 Donald Trump’s presidency because tsmc 8:44 the greatest manufacturer of chips in 8:46 the world is coming to America with a 8:48 hundred billion dollar investment and of 8:51 course that is backed by the fact that 8:53 they can come here because they can 8:55 avoid paying tariffs so the idea is come 8:59 to America build greatness in America 9:02 build for the American customers the 9:05 Apple Nvidia that whole list that uh 9:09 chairman way gave in order to bring 9:12 production to America so we’re really 9:14 really excited this continues the most 9:17 incredible path you’ve ever seen in 9:19 these first weeks and months of the 9:21 Trump administration of incredible 9:24 manufacturing Coming to America the keys 9:27 that the president has called out are 9:29 coming here they’re coming here in huge 9:31 size because they want to be in the 9:33 greatest Market in the world and they 9:35 want to avoid the tariffs that if 9:37 they’re not here they’d have to suffer 9:39 so I want to congratulate uh CC way for 9:43 bringing in this incredible hundred 9:44 billion doll investment but it’s on the 9:46 shoulders of our president Donald Trump 9:49 which is why he’s coming so thank you 9:52 thank 9:53 you David thank you sir uh well the the 9:56 products that tsmc makes are literally 9:59 uh the most important products in the 10:01 world I mean these Advanced chips uh 10:02 Power everything they power AI they 10:04 power your phone they power your cars 10:07 and uh without them the whole monitor 10:09 economy would stop but they’re not made 10:10 in the United States so for tsmc to move 10:13 here is a huge huge development and we 10:15 owe that to president Trump’s leadership 10:16 on the economy and secretary lutnick as 10:19 well and CC thank you for for coming 10:21 here thank you yeah thank you D so thank 10:24 you very much a big percentage of chips 10:26 with this investment will be made now a 10:29 big big percentage uh worldwide we had 10:31 very little almost none we used to have 10:33 a lot with Intel but we had very little 10:37 and we’ll be at close to 40% of the 10:40 market with this transaction and a 10:42 couple of others that we’re doing that’s 10:44 a tremendous leap uh like a leap that 10:49 nobody would have really said was 10:51 possible so I just want to thank you all 10:53 for being if you want a couple of 10:54 questions ideally ideally on this 10:56 subject yes number of jobs that will cre 10:59 uh they yeah they you’re probably 11:01 talking about 20 25,000 jobs but it’ll 11:04 get bigger and bigger with time knowing 11:06 this gentleman it’ll get bigger and 11:08 bigger there’ll be no stopping 11:11 them Brian go ahead uh in addition to 11:14 the job you talked about National 11:15 Security and that’s one thing I think a 11:17 lot of Americans don’t understand 11:19 explain the National Security aspect of 11:22 this well without the chips and 11:24 semiconductors nothing runs today you 11:26 can’t buy a car without them you can’t 11:29 get a radio a television nothing you 11:31 can’t get anything and we thought it was 11:34 very important obviously business was 11:36 but we thought even in terms of National 11:38 Security to have uh this large 11:41 percentage of the chips semiconductors 11:43 and other things that they make the most 11:45 important product and not a product that 11:48 you can really copy it takes years and 11:51 years you know on the needle of a pin is 11:54 total genius I mean they can put things 11:56 I mean something the size of the needle 11:58 the point of a pin they put information 12:01 that is just not even believable so if 12:04 if if you would if you would see this 12:06 it’s just really something yes BR one 12:08 aspect of that Honda announc are coming 12:10 to Indiana because of the tariffs once 12:13 again bring additional jobs and 12:15 manufactur comment on well Honda’s 12:17 coming and I told you about Apple that 12:19 they’re going to be starting to build 12:21 massively here 500 billion uh and we 12:24 have many other companies going to be 12:25 announced but we had many that have 12:27 already announced and uh no it’s going 12:29 to be great it’s it’s looking it’s 12:32 looking really strong uh I don’t think 12:34 this country has ever seen anything like 12:36 we’re seeing right now now the uh 12:39 tariffs as you know will start a week 12:41 earlier than the reciprocal which is 12:43 going to be on a couple of weeks earlier 12:45 uh reciprocal starts reciprocal tarff 12:47 start on April 2nd and I wanted to make 12:50 it April 1st but I didn’t want to do I 12:52 didn’t want to go April Fool’s Day 12:54 because that cost me that cost a lot of 12:56 money but that one day but so we’re 12:58 going April second but very importantly 13:01 tomorrow tariffs 25% on Canada and 25% 13:05 on Mexico and that’ll start so they’re 13:08 going to have to have a tariff so what 13:09 they have to do is build their car 13:11 plants frankly and other things in the 13:13 United States in which case they have no 13:15 tariffs in other words you build and 13:17 this is exactly what Mr way is doing by 13:19 building here otherwise they’ll build if 13:21 they did them in Taiwan to send them 13:23 here they’ll have 25% or 30% or 50% or 13:28 whatever the number may be someday it’ll 13:30 go only up uh but by doing it here he 13:33 has no tariff so he’s way ahead of the 13:35 game and uh I would just say this to 13:38 people in Canada or Mexico if they’re 13:40 going to build car plants the people 13:42 that are doing them are much better off 13:44 building here because we have the market 13:45 we the market where they sell the most 13:48 and uh so I think it’s going to be very 13:50 exciting very exciting for the 13:51 automobile companies uh very exciting 13:54 for I can think of any as an example uh 13:57 North Carolina they had great I used to 13:59 go there to buy furniture for 14:01 hotels and it’s been wiped out that 14:04 business all went to other countries and 14:08 now it’s all going to come back into 14:09 North Carolina the furn furniture 14:11 manufacturing business please Ukraine 14:14 mineral still now dead or can it be 14:17 revived what what well I’ll let you know 14:18 we’re making a speech you probably heard 14:20 about it tomorrow night so I’ll let you 14:22 know tomorrow night but no I don’t think 14:23 so I think uh it’s look it’s a great 14:26 deal for us because you know Biden very 14:30 very foolishly if stupidly frankly gave 14:33 $300 billion and 350 billion more 14:37 accurately uh to a country to fight and 14:43 to try and do things and you know what 14:46 happened we get nothing we get nothing 14:48 just gave it that we could have rebuilt 14:50 our entire US Navy with 350 billion 14:53 think of it 350 billion we could have 14:56 rebuilt our US Navy so he gave it away 14:58 as fast as the money could be gone and 15:01 what we’re doing is getting that all 15:02 back and a lot more than that and what 15:06 we need it’s very important for this 15:08 business that we’re talking about here 15:09 with chips and semiconductors and 15:11 everything else we need rare Earths and 15:15 the deal we have is we have the finest 15:17 rare 15:18 you president what do you need to see 15:21 from president zinsky to restart these 15:23 negotiations well I just think you 15:25 should be more appreciative because this 15:27 country has stuck with them through 15:29 thick and thin we’ve given them much 15:32 more than Europe and Europe should have 15:33 given more than us because as you know 15:35 that’s right there that’s the Border uh 15:37 this uh this country really was like the 15:40 fence on the border it was it was very 15:43 important to Europe and uh I’m not 15:45 knocking Europe I’m saying that just 15:47 they were a lot smarter than Joe Biden 15:48 because Joe Biden didn’t have a clue he 15:50 just gave money hand over fist and they 15:53 should have been able to equalize with 15:55 us in other words if we gave a dollar 15:56 they should have given well we gave 350 15:59 billion they probably gave a hundred but 16:02 on top of it all they get their money 16:04 back because they doing it in the form 16:06 of a loan and it’s a secured loan so 16:08 when I saw that which I’ve known about 16:10 for a little while I said it’s time for 16:13 us to be smart at the same time it’s 16:16 great for them because they get us in 16:18 the country taking the rare earth which 16:21 is going to fuel this big engine and 16:23 especially the engine that we’ve in a 16:25 very short time created and we get 16:27 something and we’re in the we’re there 16:29 we have a presence there with all of 16:32 that being said I want one thing to 16:34 happen I want all of those young people 16:36 to stop being killed they’re being 16:38 killed by the thousands every single 16:40 week last week 2700 were killed 2700 16:44 young in this case just about all young 16:48 boys uh from Ukraine and from Russia and 16:54 that’s not young people from the United 16:56 States but it’s on a human basis I want 16:59 to see it stop the money is one thing 17:02 but the the death and they’re losing 17:04 thousands of soldiers a week and that’s 17:08 not including the people that get killed 17:10 every time a town goes down or a missile 17:12 goes into a town uh and we and and I 17:16 want to see it stop yes are you 17:18 considering canceling military aid to 17:21 Ukraine and can we get a reaction to 17:24 what the prme just said that your 17:25 Administration is bringing us world view 17:28 in alignment with Moscow so this is a 17:31 deal that should have never happened 17:33 this is a deal that would have never 17:34 happened and it didn’t happen for four 17:36 years it didn’t happen it was never even 17:38 close to happening uh if I were 17:40 president would not have happened and 17:42 October 7th would have ha would not have 17:44 happened in Israel uh and inflation 17:48 wouldn’t have happened and Afghanistan 17:50 disastrous the way they with through not 17:52 the fact that they withdrew but the way 17:54 they withdrew would have never happened 17:55 and we would have had bam right now 17:57 instead of China having it it was one 17:59 hour away from where China makes their 18:01 nuclear weapons we would have kept bam 18:03 with one of the biggest air bases in the 18:05 world all of these things happened and 18:07 it’s a shame but it is what it is and 18:10 now we’re here uh I want to see it end 18:13 fast I don’t want to see this go on for 18:15 years and years now president zalinski 18:19 supposedly made a statement today in AP 18:22 I’m not a big fan of AP so maybe it was 18:24 an incorrect statement but he said he 18:25 thinks the war’s going to go on for a 18:28 long time 18:29 uh and he better not be right about that 18:32 that’s all I’m saying this project um 18:34 could this minimize the impact of the US 18:37 with chips should China decide to 18:39 isolate Taiwan or China decide to take 18:41 Taiwan well well it’s a very interesting 18:43 point it’s a great question actually but 18:45 this would certainly uh I can’t say 18:48 minimize that would be a catastrophic 18:51 event obviously but it will at least 18:54 give us a position where we have in this 18:56 very very important business we would 18:57 have a big part of it in the United 19:00 States so it would have a big impact if 19:02 something should happen with 19:04 Taiwan are you looking at relieving 19:07 Russian sanctions if there is a peace 19:08 deal well we’re going to make deals with 19:11 uh everybody to get this war including 19:13 Europe and European nations and they’ve 19:16 acted very well you know they’re good 19:18 people I know most of them are friends 19:19 of mine the heads of state the heads of 19:21 the various countries Prime Ministers 19:24 from uh the different I got four prime 19:27 ministers in four Prime Ministers and 19:30 five presidents called me over the last 19:32 uh two days and they want to work it out 19:35 they want to get it worked out and I 19:37 think they’re also you know they’re 19:38 talking money but the money is less 19:40 important than the deaths we’re talking 19:42 thousands of young people a week and 19:45 people would say why do I care about 19:46 Ukraine young people why do I care about 19:49 and not all young but they’re pretty 19:51 young you know Ukraine is running a 19:54 little bit low and they’re getting older 19:56 they’re recruiting older people it’s a 19:59 very very sad thing that’s happening 20:00 over there and we want to get it 20:02 finished we want to stop the 20:06 death on the tariffs is there any room 20:08 left for Canada and Mexico to make a 20:10 deal before midnight and should we 20:11 expect those Chinese tariffs the extra 20:13 10% to take no room left for Mexico or 20:16 for Canada no the tariffs uh you know 20:19 they’re all set they go into effect 20:21 tomorrow Mr President just a follow up 20:23 on my colleague’s question and just so 20:25 you understand uh vast amounts of fentol 20:28 have poured in into our country from 20:30 from Mexico and as you know also from 20:34 China where it goes to Mexico and goes 20:36 to Canada and China also had an 20:38 additional 10 so it’s 10 plus 10 and uh 20:41 and it comes in from Canada and it comes 20:43 in from Mexico and uh that’s a very 20:46 important thing to say yeah please go 20:48 decided if you’re going to suspend 20:49 military aid to Ukraine have you made 20:51 that decision well I haven’t even talked 20:53 about that right now I mean right now 20:55 we’ll see what happens uh a lot of 20:57 things are happening right now as we 20:59 speak I mean literally as we speak I 21:02 could give you an answer and go back to 21:03 my office the beautiful Oval Office I 21:06 could go back into the Oval Office and 21:08 find out that the answer is obsolete 21:11 it’s like his business it’s obsolete you 21:13 come up with a new chip and it’s 21:15 obsolete about two minutes later right 21:17 but that’s what’s good about his 21:18 business that’s why he’s the only one 21:20 that’s successful in it but follow my 21:23 colleague’s question from Russia saying 21:25 that your foreign policy is largely in 21:27 line with their vision should that be 21:29 concerning to Americans said what should 21:32 that be concerning to Americans read the 21:33 statement that Russia Russia says that 21:36 your administration’s foreign policy is 21:38 quote largely in line with their Vision 21:41 well I tell you what I think it takes 21:42 two to tango and you’re going to have to 21:44 make a deal with Russia and you’re going 21:45 to have to make a deal with Ukraine 21:47 you’re going to have to have the uh 21:49 ascent and you’re going to have to have 21:51 the consent from the European nations 21:53 because I think that’s important and 21:55 from us I think everybody has to get 21:57 into a room so to speak and we have to 21:59 make a deal and the deal can be made 22:01 very fast it should not be that hard a 22:03 deal to make it could be made very fast 22:06 now maybe somebody doesn’t want to make 22:08 a deal and if somebody doesn’t want to 22:09 make a deal I think that person won’t be 22:11 around very long that person will not be 22:13 listened to very long uh because I 22:16 believe that Russia wants to make a deal 22:18 I believe certainly the people of 22:20 Ukraine want to make a deal they’ve 22:22 suffered more than anybody else we talk 22:24 about suffering they’ve suffered but if 22:26 you think about it 22:28 under President Bush they got 22:31 Georgia right Russia got Georgia under 22:35 President Obama they got a nice big 22:39 submarine base a nice big chunk of land 22:43 where they have their submarines you 22:44 know that right 22:46 Crimea under President Trump they got 22:49 nothing and under President obiden they 22:51 tried to get the whole thing they tried 22:53 to get the whole big uh big Ukraine the 22:58 whole thing if I didn’t get in here they 22:59 would have gotten the whole thing so uh 23:02 I can only say you can go back to Bush 23:05 you can go back to Obama and go back to 23:07 Biden they took a lot the only one they 23:10 didn’t get you know what I gave them I 23:12 gave them anti-tank missiles that’s what 23:15 I gave them I gave them uh sanctions on 23:20 Russia on Russia I gave them javelins 23:23 you know the javelins you know when they 23:25 took out all those tanks you know the 23:26 tanks were heading to to 23:29 Kiev by the 23:31 hundreds and they were 23:34 Unstoppable and I gave them 23:37 javelins so you know I I I really uh 23:42 Putin is the one that will tell you this 23:43 is not been so good for them the fact is 23:47 that I just want fairness I want 23:50 fairness but think of it I gave Russia 23:54 nothing except grief I gave him nothing 23:58 I gave him sanctions and javelins that’s 24:00 what I gave him Obama gave him sheets 24:02 and you heard that statement before it’s 24:04 a very famous Trump gave him javelins 24:06 and Obama gave them sheets and then they 24:08 say how close I am to Russia let me tell 24:10 you we have to make a deal because there 24:11 are a lot of people being killed that 24:13 shouldn’t be killed but remember Trump 24:15 gave them nothing and the other 24:17 presidents gave them a lot they gave 24:18 them everything trade you met with 24:21 president president kavier M ATAC he 24:23 wants to sign a free trade agreement 24:25 with the United States is that something 24:27 that you would consider even with 24:29 Argentina I’ll consider anything and 24:30 Argentina I think he’s great by the way 24:32 I think he’s a great leader he’s doing a 24:35 great job he’s doing a fantastic job 24:36 brought it back from 24:38 Oblivion uh yeah we look at things we’re 24:41 looking at the UK with things it doesn’t 24:43 have to be tariffs but uh tariffs are 24:45 easy they’re fast they’re efficient and 24:49 they bring fairness for instance when 24:51 people kill their their dollar their 24:54 equivalent of the dollar what whether 24:56 it’s the WAN or the yen in Japan or the 24:58 W in China when they drop them down that 25:01 gives us that puts us at a very unfair 25:04 disadvantage so all I have to do is say 25:07 Howard we’re going to have to raise the 25:08 tariffs a little bit because I’ve called 25:10 presidency I’ve called the leaders of 25:12 Japan to say you can’t continue to 25:14 reduce and break down your your currency 25:17 you can’t do it because it’s unfair to 25:19 us it’s very hard for us to make 25:21 tractors caterpillar here when Japan 25:24 China and other places are killing their 25:27 currency meaning driving it down so all 25:30 of these things add up and the way you 25:32 solve it very easily is with tariffs 25:34 because when they do that instead of 25:35 having to make phone calls every day 25:37 like I used to do with uh certain 25:40 leaders president XI a little bit a lot 25:42 of phone calls talking about the fact 25:44 that they’re lowering their wand they’re 25:47 lowering it down and that makes it very 25:49 very hard for us so this way I just say 25:51 look let them do that and we make up for 25:54 it with the tariffs but you speaking 25:56 with Mexican president Claudia Shan 25:57 about I will I have a lot of respect for 26:00 her I have a lot of respect for 26:02 [Music] 26:04 her fact be 20% on China now how high 26:08 are you willing to go against China well 26:09 I can’t say it depends on what they do 26:11 with their currency it depends on what 26:13 they do in terms of a retaliation with 26:16 some kind of an economic retaliation 26:18 which I don’t think they’re going to 26:19 retaliate too much hey look the United 26:22 States has been taking advantage of for 26:24 40 years the United States has been a 26:27 laugh stock for years and years that’s 26:30 why this gentleman is built in Taiwan 26:32 instead of building here it would have 26:34 been better if he built here if we had a 26:36 president that knew what they were doing 26:38 and we had a lot of them very bad on 26:39 trade look I’m a huge fan of Ronald 26:42 Reagan but he was bad on trade very bad 26:44 on trade uh he allowed a lot of people a 26:47 lot of businesses to be taken so I say 26:49 that with due respect because I I he was 26:52 so great on other things but he was bad 26:53 on trade uh we are setting records right 26:58 now now records like nobody has ever 27:00 seen before when you have companies like 27:02 this coming in and almost 40% of their 27:05 company in one signature is going to be 27:08 devoted to what he does which is one of 27:11 the most important important businesses 27:13 in the world that’s an unbelievable 27:15 thing when Apple now is going to start 27:17 building all of their plants here all 27:20 because of what we’ve done in terms of 27:23 it’s not because he likes me or they 27:24 like me they don’t probably like me at 27:26 all I don’t know I think he likes a 27:28 little bit at least but you know what 27:30 it’s it’s it’s the incentive we created 27:34 or the negative incentive I mean it’s 27:36 it’s going to be very costly for people 27:39 to take advantage of this country they 27:41 can’t come in and steal our money and 27:43 steal our jobs and take our factories 27:45 and take our businesses and expect not 27:49 to be punished and they’re being 27:50 punished by tariffs it’s a very powerful 27:54 weapon that politicians haven’t used 27:56 because they were either disign Hest 27:59 stupid or paid off in some other form 28:03 and now we’re using 28:05 them say have you spoken with President 28:08 she about this this time I don’t want to 28:09 tell you that thank you very much 28:11 everybody thank you thank you very 28:13 much running for New York city mayor 28:16 will people who don’t respond to the 28:17 emails be fired

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