Scripts
0:09
well thank you very much we have a very
0:11
big announcement today it has to do with
0:14
nuclear energy and other things and this
0:17
is all nuclear it’s a hot industry it’s
0:20
a brilliant industry you have to do it
0:22
right it’s become very safe and
0:25
environmental yes 100%
0:28
so I’m going to ask Doug Bergam to uh
0:31
talk about it a little bit to start and
0:34
maybe will you’ll follow him up yes sir
0:36
and uh we’re going to have Pete Heg
0:38
speak from a military standpoint but
0:40
this is very all-incclusive we’re
0:42
signing tremendous executive orders
0:46
today that really will make us the real
0:49
power in this industry which is a big
0:51
industry uh Doug why don’t you go ahead
0:54
well thank you President Trump this is a
0:56
huge day for the nuclear industry uh
0:58
mark this day on your calendar uh this
1:00
is going to turn the clock back on over
1:02
50 years of overregulation of an
1:04
industry america has always American
1:07
greatness has always come from
1:08
innovation and we were very innovative
1:10
we led post World War II in all things
1:12
nuclear uh but then we’ve been stagnated
1:14
we’ve choked it with uh overregulation
1:17
uh today Will is going to walk us
1:19
through a series of four executive
1:20
orders uh each of these uh help attack
1:23
uh separate issues that have held back
1:26
this industry and with us today we’ve
1:28
got a number of CEOs from the industry
1:29
representing some of our largest nuclear
1:31
providers but also a big change this is
1:34
a time when when capital and competition
1:36
has finally come to this industry we’ve
1:38
got venture capital we’ve got startups
1:40
coming into all aspects of small modular
1:42
nuclear and we’ve also got an EO that’s
1:44
talking about the importance of us
1:46
having a secure supply chain of being
1:48
able to get that fuel load here in the
1:50
United States as opposed from from
1:52
foreign sources this has impacts on
1:54
national security on our defense uh and
1:57
again President Trump uh here today has
1:59
committed to uh energy dominance uh and
2:02
part of that energy dominance is that
2:04
we’ve got enough electricity to win the
2:06
AI arms race with China what we do in
2:09
the next five years related to
2:10
electricity is going to determine the
2:12
next 50 because it’s the first time in
2:14
history where electricity can be
2:16
translated into intelligence and we need
2:18
that intelligence for every aspect of
2:20
our economy but also for defense uh Pete
2:24
Higse and Department of Defense has been
2:26
a key part of this uh and and this is
2:28
going to help us make sure that we’re
2:30
providing the defense we need where we
2:32
need that AI need the electricity but
2:34
also to secure our bases here at home
2:35
and around the world secretary Sure i’ll
2:38
have to just add to that before going to
2:40
Will energy security is national
2:42
security uh if we don’t have reliable
2:46
uh uh energy for our basing for our
2:50
troops whether forward deployed or
2:51
domestically we’re vulnerable so by
2:53
having small modular nuclear
2:55
capabilities which are rapidly being
2:57
fielded that we can use on our bases
2:59
here and around the world uh we’re
3:01
creating an environment where if things
3:03
happen elsewhere the military can be
3:05
relied upon also we need we’re we’re put
3:07
we’re including uh artificial
3:09
intelligence into everything we do if if
3:11
we don’t we’re not fast enough we’re not
3:13
keeping up with adversaries you need the
3:15
energy to fuel it nuclear is a huge part
3:17
of that modular or otherwise so we’re
3:20
going to have the lights on and AI
3:22
operating when others do not faster than
3:24
everybody else because of nuclear
3:26
capability so this is a big game changer
3:28
for us as well and we’re also talking
3:30
about the big plants the very very big
3:32
the biggest uh we’re going to be doing
3:34
them also but uh we’re going to start
3:37
off a little bit I think a focus today
3:39
is the smaller module but included in
3:43
this group we’re also doing big plans
3:45
where needed they won’t be needed too
3:47
much but they’ll literally be able to do
3:49
it in entire state and you’ve read a lot
3:52
about cost overruns in a couple of
3:53
states that were pretty significant but
3:55
we’re not going to have cost overruns
3:56
and the technologies come a long way
3:59
both in safety and cost and everything
4:01
else uh would a couple you guys like to
4:03
talk about uh your companies and uh you
4:06
want to say anything joe why don’t you
4:08
kick it off sure my name is Joe
4:10
Dominguez i run Constellation Energy we
4:12
have about 25% of the nation’s fleet
4:15
we’re the largest publicly traded
4:17
nuclear company in the world we’re in
4:19
the middle of a merger with Calpine and
4:21
once completed we will be the largest
4:23
electric producing company in the world
4:26
uh about enough power to produce uh to
4:29
cover all of Mexico actually I didn’t
4:31
know that when we talked you were so
4:33
modest i can’t believe it that’s
4:35
normally not said about me Mr president
4:38
i’m very impressed go ahead so you think
4:42
it’s got a great future that Yeah well
4:44
absolutely we do and and the the big
4:46
change here is not only the technology
4:48
has come around but we have some of the
4:50
largest companies in the world the
4:52
hyperscalers who need this energy for AI
4:54
who are now working with us to fund the
4:57
development and construction of the next
4:59
generation
5:00
nuclear nuclear is a 247 resource these
5:05
data centers run 247 some of them will
5:08
cost two300 billion dollars and they
5:11
want to run them all of the time so we
5:13
can’t use intermittent resources we need
5:15
something that’s always on 24/7 and
5:18
nothing does that better than nuclear
5:21
the problem in the industry has
5:22
historically been regulatory delay mr
5:25
president you know this because you
5:27
you’re the best at building big things
5:30
delay in regulations and permitting will
5:32
absolutely kill you because if you can’t
5:35
get the plant on you can’t get revenue
5:37
and the interest costs are horrible
5:39
we’re wasting too much time on
5:42
permitting and we’re answering silly
5:44
questions not the important ones for
5:46
example let me give you an example in
5:48
three places in this country we’re
5:50
trying to license new reactors at sites
5:53
that already have reactors yet I have to
5:57
spend $35 billion at each site just for
6:01
the NRC to do an analysis that says this
6:04
is a good place for nuclear well guess
6:06
what we’ve been running nuclear in that
6:07
community for four decades why are we
6:10
even asking that question i’d rather
6:12
spend that $35 million three times $105
6:16
million perfecting the design start
6:19
building the foundation and getting
6:20
going we need to do this for America are
6:23
we doing something about the regulatory
6:26
in here oh yes sir you are sir that’s
6:28
going to be a big factor yes sir that
6:30
that issue I just described will be
6:33
addressed in this EO and many other
6:35
issues that we don’t have uh time uh
6:38
with the president to cover you say is
6:39
very uh we’ve contemplated just about
6:42
everything well this uh Mr president
6:45
this energy dominance council that you
6:47
have created is something I haven’t seen
6:50
in 30 years it brings together all the
6:53
pieces of government in one place to
6:55
expedite the process under Secretary
6:58
Bergam’s leadership this has been an
7:00
amazing amazing thing it used to be the
7:03
case that I’d have to run to about five
7:05
different places in Washington to get
7:07
one answer and now it’s all together in
7:10
one place so all I know about Secretary
7:12
Bergam and Secretary Wright is if we
7:14
haven’t gotten it right we’ll get it
7:16
right shortly and there’ll be another
7:17
order for you to sign thank you so much
7:19
for your leaders you were going to say
7:21
something well I was just going to say
7:23
commercial nuclear a bit of an unsung
7:24
hero and I just want to thank you Mr
7:26
president Secretary Bergam Secretary
7:29
Wright for bringing this attention to
7:31
commercial nuclear we have the largest
7:34
and most safe fleet right here in the
7:36
United States and upon that we have
7:39
fantastic innovation that’s being
7:41
brought forward and uh it’s going to
7:43
come in all shapes and sizes um and it’s
7:45
going to actually be coming through some
7:47
of these companies that you see
7:48
represented here we’re going to have
7:50
great jobs we’re going to have wonderful
7:52
energy and we’re going to be ready so
7:54
thank you Mr president for leaning in
7:56
appreciate it great job you’ve done too
7:58
what about talking about your company
8:00
and the job you’re going to do yes thank
8:02
you Mr president well first of all a
8:03
little MIT nuclear connection that goes
8:05
back into familial for you so uh yeah
8:07
we’re working on small reactors i’m Jake
8:08
Dit CEO co-founder at Oakllo working on
8:11
small next generation reactors that take
8:13
technology America invented developed
8:14
and pioneered and bringing it to the
8:16
market after it sat on the shelves of
8:17
history for about 40 years and it’s
8:19
because of the actions that you’re doing
8:21
today that are going to help unleash
8:22
that changing the permitting dynamics is
8:24
going to help things move faster we’re
8:26
seeing private investment flow into the
8:27
space like we’ve never seen before we
8:29
went public about a year ago um one of
8:32
the most successful actually go public
8:34
outcomes for a transaction like that for
8:35
a small nuclear company because the
8:37
market needs this and wants this and
8:38
under your leadership creating the the
8:40
dominance council i mean it’s hard to
8:42
overstate the value of that and nuclear
8:44
is a manifestation of energy dominance
8:46
in fact a golf ball of uranium metals
8:48
which this is not but it’s a golf ball
8:51
has enough energy content in it to power
8:53
your entire life’s energy i mean it
8:55
doesn’t get any better than that and to
8:56
get back to building nuclear uses the
8:58
fewest materials right the fe this least
9:00
amount of concrete of steel of fuel for
9:03
amount of energy it produces so it
9:04
should be the cheapest the most scalable
9:06
the most sustainable just like you
9:07
mentioned Mr president about the
9:08
importance of doing that right the
9:10
physics are on our side and these things
9:12
help unleash this innovation to actually
9:13
realize that so it’s never been more
9:16
exciting very exciting indeed go ahead
9:18
please and I’m Scott Nolan CEO of
9:20
General Matter we’re an American
9:22
enrichment company trying to bring back
9:24
the US’s lead in producing nuclear fuel
9:27
so just like car engines need fuel and
9:29
nuclear reactors need fuel right now the
9:31
US is completely dependent on other
9:33
countries to make the key step of
9:35
enrichment in this fuel and these
9:37
executive orders are going to pave the
9:38
way for the US to regain its lead so we
9:40
really appreciate it will you be doing
9:42
the AI plants because we have a lot of
9:44
them going up now and or soon going up
9:46
and they need tremendous electricity are
9:49
you going to be involved in many ways
9:50
yes will uh a lot of them be using
9:53
nuclear or some are using oil and gas
9:55
some are using different things but many
9:57
of them will be I think it just makes a
9:59
lot of sense nuclear is a perfect
10:00
solution and that’s where most of them
10:02
are interested good luck thank you thank
10:04
you going to be great it’s going to be
10:06
Yes okay will please the first executive
10:09
order we have for you uh relates to the
10:11
issue that Secretary Hexith was speaking
10:13
to which is the need uh for incredible
10:16
amounts of power at defense
10:17
installations and also in AI focused
10:20
installations uh what this executive
10:22
order will do is speed up the approval
10:24
and adoption process for specialized
10:26
nuclear reactors at these sorts of sites
10:29
uh it also involves the department of
10:30
energy making available uh the necessary
10:33
fuel stock it also creates a special
10:35
envoy position uh and a strategy around
10:38
nuclear technology export the idea being
10:41
that we can grow American industry on
10:42
the back of foreign purchasers who are
10:44
interested in the sort of technology as
10:46
well i’m just thinking as you say that I
10:49
just sent what about auto pens could I
10:52
use an auto pen what did Biden do did he
10:54
have an auto pen at the desk nuclear
10:56
power no he didn’t do events yeah he
10:59
used nuclear power you know uh he didn’t
11:01
do events like this i guess it’s so
11:04
otherwise you know you walk it to the
11:07
other side of the room have a not pen
11:08
Saturday right here it is it’s phase one
11:12
very big phase very important
11:14
[Applause]
11:21
phase sir this next executive order is
11:24
intended to reform the nuclear
11:26
regulatory commission you heard a few of
11:27
the people here speak about the complex
11:30
regulatory processes that have really
11:32
held the nuclear industry back uh before
11:34
1978 there were 133 reactors uh built in
11:39
the United States since 1978 only two
11:42
new commercial reactors have come online
11:44
that’s because of overregulation and the
11:46
goal of this executive order uh is is
11:49
bringing that regulatory process into
11:51
line with the actual needs of the
11:53
industry and public safety uh with an
11:55
end goal of quadrupling the amount of
11:57
nuclear power production in the next two
11:59
and a half decades it’s fantastic
12:02
it’s exciting right
12:10
there you go this next executive order
12:13
relates to nuclear reactor testing sir
12:16
uh the degree of overregulation and
12:18
governmental inaction in this space in
12:20
particular has had the effect of
12:22
throttling development of new highly
12:24
modernized nuclear reactors that could
12:26
really revolutionize the field uh of
12:29
nuclear power generation uh so this
12:31
executive order uh it orders a revised
12:34
regulatory process uh to speed this
12:36
whole process while preserving obviously
12:39
core safety concerns it also creates a
12:41
new pilot program uh with an expectation
12:43
that we will have three new experimental
12:45
reactors online by July 4th next year
12:48
it’s amazing that’s
12:57
okay come on
12:58
lastly sir we have an executive order on
13:00
reinvigorating the nuclear industrial
13:03
base there are a number of core issues
13:05
here including the the issue with with
13:07
fuel feed stock that that uh one of the
13:09
speakers mentioned before uh this
13:11
executive order among other actions
13:14
includes an invocation of the the
13:16
defense production act uh in order to
13:18
spur a closer collaboration with private
13:20
industry to ensure that we have the fuel
13:22
supplies we need for a modernized uh
13:25
nuclear energy uh sector uh in addition
13:28
to that it includes crucial provisions
13:30
relating to the development of a nuclear
13:32
uh energy sector workforce uh and a
13:35
number of other uh key building blocks
13:37
to the overall nuclear industry that
13:38
we’re trying to uh to spur here thank
13:42
[Applause]
13:50
you and we have one more for you here
13:52
sir this doesn’t directly relate to
13:54
nuclear energy but it’s uh it’s on a
13:56
similar subject uh this executive order
13:58
is entitled restoring uh gold standard
14:01
science uh one of the issues that we’ve
14:04
had in recent decades is that government
14:06
policy has been made on the back of junk
14:09
science uh scientific studies and
14:11
findings uh that have included conflicts
14:13
of interest or scientific misconduct uh
14:15
the purpose of this executive order is
14:17
to reenter policymaking around gold
14:20
standard science uh scientific efforts
14:22
that have followed appropriate
14:24
scientific methods that don’t include
14:26
those sorts of conflicts of interest and
14:28
to ensure that when departments and
14:29
agencies are relying on scientific
14:31
studies uh to to promulgate rules to
14:34
promulgate regulations that the science
14:36
that they’re relying on is highly uh
14:38
highly reliable uh and available to the
14:41
public he did a very good job he did how
14:44
many people here could have done that i
14:46
don’t know i think a lot
14:51
thank you Mr
14:58
is that it that’s all we have for you
15:00
now
15:06
you have any questions for these
15:08
brilliant people they are brilliant
15:10
people actually
15:12
mr president on nuclear sir a lot of the
15:15
concern over the years that’s helped the
15:17
nuclear industry about safety are you
15:19
satisfied with those safety concerns
15:20
yeah we are it’s beencome very safe
15:22
actually it’s become very safe and
15:25
tremendous work’s been done on that more
15:27
than anything else and it’s really the
15:29
automatic shut offs there’s so many
15:30
different things that they have now that
15:32
they would have never had you know my
15:34
uncle was a great nuclear person years
15:37
ago and uh that was a different if you
15:40
would have asked that question probably
15:41
it would have been a much different
15:42
answer but they have tremendous shut off
15:46
power and other powers that uh and very
15:49
redundant as I understand it like at a
15:51
level that nobody’s ever seen before so
15:53
it’s safe and we’re going to do a lot of
15:55
the small ones and we’re going to do
15:57
some of the big ones but yeah very safe
15:59
and
16:01
clean let’s let’s keep it on this for a
16:04
little while let’s keep it on the
16:05
nuclear and then if you want to ask
16:07
something else which you might uh we’ll
16:09
do that on nuclear Mr president yeah
16:11
please uh what do you say to folks who
16:13
are concerned that speeding up licensing
16:15
or even doing fuel processing raises
16:17
safety and proliferation yeah we’re
16:19
going to get it very fast and we’re
16:21
going to get it very safe and we’re
16:22
going to get the people in and out and
16:25
they’re going to do plants in many cases
16:26
they’ll do three or four smaller ones
16:28
and put them together that’s what France
16:30
has done france has done a good job of
16:32
this for years and they as I understand
16:35
it they had basically one plan and if
16:38
they needed more they’d do three or four
16:40
or five of them i don’t know we have to
16:41
go that far but you know there’s
16:43
something about building one big one but
16:45
we’ll build the big ones too we’re going
16:47
to have uh I think we’ll be I would say
16:49
we’ll be second to none because we’re
16:51
starting very strong uh but we uh it’s
16:55
time it’s time for nuclear and we’re
16:57
going to do it very big yeah please mr
16:58
president what about the European Union
17:00
uh you said the negotiations are going
17:02
nowhere what where are the kind of
17:05
points we’re still moving they I’ve been
17:07
saying to everybody they’ve treated us
17:09
very badly over the years it was formed
17:10
in order to hurt the United States in
17:12
order to take advantage of the United
17:15
States and they’ve done that we have a
17:17
big deficit with them uh they sell
17:20
millions and millions of cars as you
17:22
know Mercedes and BMW and Volkswagen and
17:25
many others and we uh we were restricted
17:29
from essentially re restricted from
17:31
selling cars into the European Union
17:33
which is not nice and uh I just said
17:36
it’s time that we play the game the way
17:39
I know how to play the game you know
17:40
nobody they’ve taken advantage of other
17:42
people representing this country and
17:45
they’re not going to do that any longer
17:46
yeah so Mr president you are dealmaker
17:49
deal breaker what are you hoping to
17:51
achieve with a 50% terrorism well I
17:54
think this is there is no tariff because
17:57
what they’ll do is they’ll send their
17:59
companies into the US and build their
18:01
plant you know we have uh I guess over
18:04
12 trillion dollars practically
18:06
committed you look at other presidents
18:07
they haven’t had a trillion dollars for
18:10
for a year for two years for three years
18:12
uh we have numbers nobody’s ever seen
18:14
numbers like we have and if they build
18:16
their plant here then they have no
18:18
tariff at all are you looking for a deal
18:21
in nine days will you be able to do that
18:23
sir
18:24
i’m not looking for a deal i mean we’ve
18:26
set the deal it’s at 50% but again there
18:29
is no tariff if they build their plant
18:31
here now if somebody comes in and wants
18:33
to build a plant here I can talk to them
18:35
about a little bit of a delay but uh you
18:38
know while they’re building their plant
18:39
which is something I think that would be
18:41
appropriate maybe we’ll determine that
18:44
is there anything the EU can do i don’t
18:46
know we’re going to see what happens but
18:48
uh right now it’s going on June 1st and
18:51
that’s the way it is no they haven’t
18:52
treated us properly they haven’t treated
18:54
our country properly they banded
18:56
together to uh take advantage of us and
19:00
uh the people behind me know because
19:02
they had some of that with their
19:04
industry but uh generally you know we
19:06
signed a great deal with uh United
19:09
Kingdom we have numerous other deals
19:12
that are ready to be signed we have
19:14
we’ve signed a deal with China we have
19:17
uh some really amazing deals but the
19:20
European Union I mean the sole purpose
19:22
was really to not to hurt us but to take
19:25
advantage of us and we’re not going to
19:28
be taking Mr president Mr president on
19:30
Apple on Apple you said this morning
19:33
that if they don’t make their iPhones in
19:35
the US you’re going to hit them with a
19:36
25% tariff do you have the power to
19:39
tariff one single company and why would
19:42
you want to American company in that way
19:44
it would be more it would be also
19:45
Samsung and anybody that makes that
19:47
product otherwise it wouldn’t be fair so
19:50
anybody that makes that product and
19:51
that’ll start on I guess at the end of
19:54
June it’ll come out i think we have that
19:57
appropriately done by the end of June so
19:59
if they make that product now again when
20:02
they build their plant here there’s no
20:05
tariff so they’re going to be building
20:07
plants here but I had an understanding
20:09
with Tim that he wouldn’t be doing this
20:11
he said he’s going to India to build
20:12
plants i said “That’s okay to go to
20:14
India but you’re not going to sell India
20:15
here without tariffs.” And uh that’s the
20:18
way it is yeah what makes you confident
20:21
sir that what makes you confident sir
20:22
that Apple can build in the United
20:24
States at a price that American consumer
20:26
Oh they can no they can’t a lot of it a
20:29
lot of it so computerized now these
20:31
plants are amazing if you look at them
20:33
but they can do that and you know
20:35
actually as you know Apple’s coming in
20:36
with 500 billion dollars so are the chip
20:41
companies we have all of the chip
20:42
companies coming in the biggest 500
20:44
billion 200 billion250 billion dollars
20:47
they’re spending but we’re talking about
20:49
the iPhone now and you know the iPhone
20:52
if they’re going to sell it in America I
20:54
want it to be built in the United States
20:57
they’re able to do that when you say
20:59
that Walmart should eat the cost of the
21:01
tariffs is that an acknowledgement that
21:03
it is US companies that they’re the
21:05
brunt of tariffs not foreign companies
21:06
uh sometimes the country will eat it
21:09
sometimes Walmart will eat it and
21:11
sometimes there’ll be something to pay
21:14
something extra i’ve always been a fan
21:15
and I’ve always believed and if you look
21:18
uh take a look at what I did four years
21:20
ago we had the greatest economy and we
21:23
had no inflation remember that we had no
21:25
inflation and yet we had uh hundreds of
21:29
billions of dollars of tariffs that I
21:31
put on China yet we had no inflation we
21:33
had no big cost differential uh
21:36
oftentimes and I’ve I don’t I don’t like
21:39
it when a department store because
21:40
they’ll do a lot of business but you
21:42
know they announce record profits and
21:44
everything else they have to take out
21:45
some of their profits I’ll make a little
21:47
bit less money but I don’t want I don’t
21:49
want the consumer business I don’t want
21:50
the consumer to pay but why why post
21:53
terrorists that you know are hurting
21:54
American businesses they’re not hurting
21:56
they’re helping because they’re creating
21:57
jobs in America we’re creating
21:59
tremendous amounts of jobs in America
22:01
like you’ve never seen having investment
22:03
in America we’re not getting ripped off
22:05
by every country in the world we’ve been
22:07
ripped off by every country in the world
22:08
they’re making their product they sell
22:10
it uh they don’t give our people the
22:12
jobs they make them with other countries
22:14
jobs and uh we will have uh something
22:18
that nobody will ever see again i think
22:20
I think we have a potential to do
22:23
numbers that we never envisioned in the
22:25
wildest year look at look at what’s
22:26
happening uh 10 to 12 trillion dollars
22:30
in literally a couple of months it’s not
22:33
nothing like that’s ever happened it’s a
22:36
very special We’re doing a very special
22:38
thing uh we want if they’re going to
22:40
sell it here generally speaking not for
22:42
all products there’s some products we
22:43
don’t want to make and frankly we’re
22:45
much better off getting getting them
22:46
elsewhere but uh for certain products we
22:49
want cars we want to make cars we don’t
22:50
want to have and I like Canada very much
22:53
but we don’t want to have Canada making
22:54
our cars we want to make our cars oh
22:56
it’s a phone call do you mind hello
23:00
okay it’s only a congressman
23:06
i’ I’d let you know actually
23:08
are you considering stopping other
23:10
universities from taking foreign
23:12
students
23:14
it’s a different congressman they’re all
23:17
congratulating us
23:20
yeah it’s lucky it is okay let’s go are
23:24
you considering stopping other
23:25
universities besides Harvard from
23:27
accepting foreign well we’re taking a
23:28
look at a lot of things and as you know
23:31
uh billions of dollars has been paid to
23:34
Harvard how ridiculous is that billions
23:37
and they have $52 billion as an
23:40
endowment they have $52 billion and this
23:43
country is paying billions and billions
23:46
of dollars and then give student loans
23:48
and they have to pay back the loans so
23:50
Harvard’s going to have to change its
23:51
ways
23:53
so so are some others
23:55
on that note on that note a lot of CEOs
23:58
in the United States big companies are
24:01
for it what is that going to do i’m fine
24:04
with that i’m fine with that we want to
24:07
we want to do that we’re actually going
24:08
to be doing something in the near future
24:11
that’s going to make it possible for
24:13
people to come into this country and
24:15
come in and you know have a road toward
24:17
citizenship and I think it’ll be very
24:19
exciting but it’s too soon to speak you
24:20
don’t
24:22
need the best and brightest from around
24:24
the world i do come to Harvard i do but
24:26
a lot of the people need remedial RA
24:29
math did you see that where the students
24:32
can’t add two and two and they go to
24:35
Harvard they want remedial math and
24:38
they’re going to teach remedial math at
24:40
Harvard now wait a minute so why would
24:42
they get in how can somebody that can’t
24:44
add or or has very basic skills how do
24:48
they get into Harvard why are they there
24:49
and then you see those same people
24:51
picketing and screaming at the United
24:53
States and screaming at you know they’re
24:55
anti-semitic or they’re something we
24:58
don’t want troublemakers here but how do
25:01
people that can’t when when Harvard
25:03
comes out with a statement that they’re
25:04
going to teach some of their students
25:06
remedial math that’s basic math uh
25:09
that’s not the deal okay any
25:12
more in the back are there other
25:15
countries you’re considering shortening
25:17
the 90-day pause on tariffs for and then
25:20
are there specific steps you’re looking
25:21
for the EU to take we do well we have a
25:23
lot of requests and you know you you
25:26
don’t have the people to handle it
25:27
frankly everybody wants to make a deal
25:29
i’m sure now the European Union wants to
25:31
make a deal very badly but they just uh
25:34
they don’t they don’t do it right they
25:36
don’t go about it right uh the other
25:38
thing they do is they sue our companies
25:39
all the time you know they have suits
25:41
where their judges I don’t know if
25:44
they’re appointed by them but they’re
25:46
they’re definitely uh Europe centric and
25:49
we’re not going to we’re not going to
25:50
stand for it they uh won a 17 billion
25:54
dollar lawsuit for Apple and I read that
25:56
case and that’s not a case that should
25:58
have been won they’re suing other of our
26:00
company they use this as a weapon uh but
26:02
they use it really to raise funds for
26:04
what they do it’s almost like a
26:06
fundraising mechanism so we add that to
26:09
the fact that they do the non-monetary
26:11
tariffs and lots of other trading you
26:14
would call them trading barriers they
26:16
don’t take our cars they don’t take our
26:18
agriculture they don’t take anything but
26:21
we take their cars by the minions and
26:23
therefore they have the jobs they get
26:25
the money and we get closed plants not
26:27
going to happen that way anymore thank
26:29
you very much everybody thank you thank
26:31
you press thank you thank you thank you
26:40
thank you sir
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