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When I see a total rip-off of this country by Japan, where they literally have no defense budget, where we have to borrow money from them in order to get them oil and defend the Persian Gulf, where most of the oil goes to Japan and other countries, not us, we get 4% of our oil. When I see Kuwait, a total rip-off, we're bringing the Bridgeston, you remember the Bridgeston? Their oil minister sat back and he laughed at how much money he's going to make. Why aren't we getting some of that money? Why are we getting it? They're taking in billions and billions of dollars and we can't even land a helicopter on Kuwaiti soil. You tell me that's right. Saudi Arabia, they wouldn't even be there except for us. And in Saudi Arabia, we couldn't even use their minesweepers, Phil, you know it. We said, could we use your minesweepers? Ours are old, outdated, not worth a damn. They said, no, you can't use our minesweepers to protect the Persian Gulf. I mean, it's a disgrace. What's going on? There are many other countries and taking tremendous advantage of this, including NATO. If you look at the payments that we're making to NATO, they're totally disproportionate with everybody else's and it's ridiculous. As far as other causes that are near and dear, this is the cause because if we can solve this, then we're able to take care of something that I consider to be ultimately of ultimate importance. And that is the homeless situation. That is the farmers. That is the sick. We don't have any money. We're going, this country is busted and it's busted because we're doing things that we shouldn't be doing. If we had business ability in this country, we'd be making lots of profit, so-called surplus profit. And that profit, that money could be going to defend our, and I literally mean defend our homeless and our poor and our sick and our farmers. And that's where we ought to be spending the money, not giving it to countries that don't give a damn for us to start offering. We don't give anything to our farmers. Our farmers are dying. There's no question about it. Farms that were for generations and families, they're being taken away. The homeless are all over the streets of the major cities, the sick and the problems, and yet we'll give billions of dollars in defending countries that have five times more money than we can ever hope to have. It's ridiculous.

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the United States of America is going to take back a lot of what was stolen from it by other countries, and by, frankly, incompetent U.S. leadership. Grossly incompetent. I gave you an example of Ireland. I would have never let that happen. Impossible for that to have happened. But we're going to take back our wealth, and we're going to take back a lot of the companies that left are coming back, if you haven't read. We have the biggest computer chip company ever, ever, has virtually all of the market. They call -- I didn't call them, they call me. And they call for two reasons. Number one, we had a great election of somebody that they want running the country. We ran -- we won in a big band-aid. We won every swing state. We won by millions of votes. We won by 2,750 districts out of -- to 500. Think of that. 2,750 districts to 500. That's why the map, when you look at it, was entirely red, meaning Republican. Not mean -- not many communists. So, anyway. So, look. We -- this country needed somebody to defend it. It's this big, beautiful place that was being ripped off by illegal immigrants coming in from prisons, coming in from mental institutions, gang members, gang leaders, drug dealers, pouring into our country with the open borders. I am so angry at the last four years at what they've done to our country, what they've done to this country between inflation, but maybe the most that bothers me is that they would allow millions of people to come into our country that are stone-cold murderers, killers, drug dealers, the worst gang members, the worst people allowed into our country. And we're now getting them out. We're going to get them out. We're getting them out. I want to thank Tom Holman, by the way, who's doing a great job. And I want to thank Christy Noem, who's doing a fantastic job. That's not a -- this is a job that's so unnecessary. This should have never happened. This should have never happened. So, we're bringing back our country in many ways, not only financially, and financially we'll be stronger than ever before.

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the United States, which a lot of countries do, including our allies. Our allies, in many cases, are worse than our enemies in this, having to do with trade. And this has been going along. That's why we have a $36 trillion amount of money that we owe. We owe $36 trillion, but that'll come down rapidly. Likewise, provisions will be made for non-monetary tariffs and a non-monetary -- that's where they charge and they do things that aren't -- there's no dollar amount, but they make it impossible for you to do business. They do tests on cars, like dropping a bowling ball on the hood of a car. And if the hood doesn't withstand it, which no hood would, except for an Army tank, then they say, I'm sorry, you can't sell your car into a certain country. That's a non-monetary tariff. So this is in order to take economic advantage. Likewise, the provisions for the non-monetary tariffs and trade bearers that some countries charge -- in most countries, many countries have something to that effect in order to keep our product out of their domain, or if they do not even let the U.S. businesses operate. So in some countries, they just won't let us even operate there. They charge us a lot, but they won't even let us go in. And then we have many of them. And what our Secretary of Commerce standing right behind me, Howard London, what he's going to be doing is he's going to come up with a number that's an equivalent number to that. But in many countries -- not too many, but quite a few -- they don't let us do business. They effectively don't let us do business. So we're going to put a number on that. That is a fair number. We're able to accurately determine the cost of these non-monetary trade barriers, and we'll be able to do that very accurately. It's fair to all. No other country can complain. And in some cases, if a country feels that the United States would be getting too high a tariff, all they have to do is reduce or terminate their tariff against us, in which case we're going to pay the same thing. There is no tariff. So if they have a tariff and then they complain that this is too high, all they have to do is reduce their tariff or not charge it. I think there'll be certain countries -- it's already happened. I believe I heard that the EU today or yesterday lowered the tariff for their cars to 2.5 percent because that's what we charge. And they lowered it from 10 percent, but it was really much higher than 10 percent. But 10 percent to 2.5, that's already happened. That's a big win. We've been after that to happen for many years. But it never happened, but nobody did anything about it. Sitting in this lovely chair. So there are no tariffs. If you manufacture or build your product in the United States. So if you build your product in the United States, there are no tariffs. Nothing. You don't have to worry about it. It doesn't exist. A lot of companies will come back to the United States to build their product, make their product in the United States, because there will be no tariff. Nothing. For many years the U.S. has been treated unfairly by other countries, both friend and foe. This system will immediately bring fairness and prosperity back into the previously complex and unfair system of trade. We had a very unfair system to us. Everybody took advantage of the United States, and we paid a big price for it. America has helped many countries throughout the years at great financial costs. It is now time that these countries remember what we've done for them and treat us fairly. We want a level playing field for all American workers. We want a level playing field for the United States of America. I've instructed my Secretary of State, my Secretary of Commerce, Secretary of the Treasury and the United States Trade Representative to do all the necessary work to deliver reciprocity. In other words, reciprocal reciprocity to our system of trade. So we're going to have a reciprocal tax. Whatever they charge, we charge. If they don't let us in, we're going to determine a value for that. But overall, it's going to be a very simple system. Whatever they charge, we charge. So nobody can complain. I don't think anybody can complain. And I'm going to sign this. And the numbers are going to be very fair, but staggering. They're going to be large, but very fair. And this should have been done years ago. And I did it in a different form with tariffs and taxes on China. We took in hundreds of billions of dollars. No other president, as you know, ever took in 10 cents. But that was a few countries. That wasn't what we're doing now. Now we're doing it with every country. So this is every country. And essentially when they treat us fairly, we treat them fairly. It's a very fair way of doing it.

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Today, I am announcing a detailed plan to save the American auto industry and bring millions and millions of jobs back to our shores and very quickly. If you vote for Trump and you will see a mass exodus of manufacturing jobs, but from Mexico to Michigan, from Shanghai to Stirling Heights, and from Beijing to right here in beautiful Detroit. Wait till you see Detroit. And they'll also be going to places like South Carolina, Tennessee, and others. We have a lot of car making states, a lot of parts making states, too. And our car industry will have a renaissance, the likes of which we have never seen before in this country. We have never seen since the golden years. It's my goal to get our country on an auto making path, where at some point in the near future it will be bigger and more important than it ever was. And even in its heyday many years ago, it was unbelievable. I think we can be bigger and more important because we have some very, very great assets. And this is very personal for me, personal. One of the reasons is because I've been talking about it for 20 years. I can't believe it happened. That was the when I was honored. That's all I talked about. I was watching this happen. It was at that time, Japan, Japan was just taking our cars like we were a bunch of babies. I always say candy from a baby. That's how easy it was. Now it's Japan, but it's China and it's a lot of countries. This was one of the biggest reasons I ran for president in the first place. You know, it was probably the auto industry that was most abused. You were the most abused. There are a lot of industries that are abused. We stopped it, but now I could put the brakes on it. Not only stop, I now know the game a little better. You know, I had never been a politician before. I got to the White House. I said, yeah, I've never done this before, but I had to learn and I had some great people. Bob Lighthizer was great, our trade representative, but we had some people that I didn't like. I wouldn't have picked, in retrospect, we had some clinkers. But you have to understand, I just got there. I was only in Washington 17 times and I never stayed over. So I wasn't a part of Washington society. It wasn't my thing. I was a New York person, developer, did great. And I knew New York, but I didn't know Washington. So I came, I had to rely on people. Sometimes I'd rely on rhinos and that's what I'd get. I'd get a rhino. And that wasn't so good. But we had mostly great people, but we had some ones that I would not have again. And we're going to finish the job that we really brilliantly started because we had numbers that the ambassador gave you some of them. I don't want to bore you by going through it, but he gave you some numbers that were unprecedented.

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Instead of American workers worrying about losing their jobs to foreign nations, I want foreign nations to be worried about losing their jobs to America. That's going to happen. It's going to happen.

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To bring jobs, factories and wealth racing back to Pennsylvania, we will have a 15% made-in-America corporate tax rate cutting the tax from 21 to 15, and I got it down to 21 from 39. But there is a but, but only for those who make their product in America, made in America. One of the biggest guys, highly sophisticated guy, wealthy guy on Wall Street called me up. He said, "Who the hell gave you that idea? It's so simple, right? You're going to get that additional tax cut, but you have to have your product made in America. Isn't that great?" They said, "Who gave you?" That's like the paper clip. Somebody came up with the idea of a paper clip many years ago, and people saw it. They said, "Why didn't I think of that? But we're going to give a tax cut. You make your product here, because that means jobs, it means a lot of things, it means a lot of great things, and we're going to stop Mexico and China and all these countries from hurting this country, because they're hurting it, and they're killing the automobile industry. You're not going to have any cars manufactured here. If we win, this country will become the automobile manufacturing place. We will bring plants back at levels that haven't been seen for 50 years in this country." Right now, the Chinese are building big factories, auto plants in Mexico. They think they're going to make cars and send them over to our border and put everybody in Detroit out of business, put everybody in South Carolina out of business. That's not going to happen, because I'll put 100 or 200 percent tariff. We don't want their cars. We want to make our cars here, and that includes in Pennsylvania. And for those who don't make their product in America, they will be forced to pay a rather stiff tariff for the privilege of competing with our cherished companies that we're going to take care of, and for the privilege of stealing our jobs, our treasure, and our wealth. They're going to do that. That's okay, but they're going to pay something for it, and it's going to be substantial. And we will take in hundreds of billions of dollars in tariffs. And let me tell you, for 30 years, for 25 years, China didn't pay 10 cents to this country. And when I was president, they paid hundreds of billions of dollars, hundreds of billions. Not 10 cents. They literally never went under the guise, "We are a developing nation." Well, we're a developing nation, too. Our nation's gone like this. We've got to get it back up, and we're going to get it back up fast. But American citizens will use all that money. We're going to pay off debt. We're going to reduce your interest rates. We're going to -- we are going to, by the way, do things. When I was president, the interest rate was 2 percent. Now it's 10 percent. But it's not really 10 percent, because you can't get any money at 10 percent. The American dream for young people is gone. They can't buy a house. You can't get any money. So it's not 10 percent. It's 11, 12, 13, 14, 15 percent. It was 2 percent. Five years ago, we had 2 percent, and now we have not 10, probably 14 or 15 before you get it. But that puts you out of business. Tariffs against us. Remember this. One thing is going to happen or another thing. Number one, they're going to drop all tariffs against us. You know, we have countries that charge us 150 and 200 percent, and we charge them nothing. And I started it, and it was good. We were making a fortune, and then these idiots came in, and they changed it. But we're going back to it. It's a pro-American. It's America first policy, if you don't mind. America first. We have America first.

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But we're here today to talk about how we're going to launch a historic build up of American manufacturing muscle and might this is not a rally, although it feels like a rally. It's really a little event with my five or 6000 closest friends in the whole world. But Georgia and Savannah are going to be right in the center of the action. We're going to rebuild our manufacturing and it's going to happen. It's going to happen fast and beautifully for years. Americans have watched as our country was stripped of jobs and wealth and our companies were sold off to foreign countries. You've been watching and it's been a horror show. I've been watching for many years and we had it stemmed. And then all of a sudden bad things happened. Bad things happened. But boy, I'll tell you, we had it stemmed. If we would have had four more years, everything, this would be such a different country right now. We would have had no inflation. You wouldn't have Russia attacking Ukraine. You wouldn't have had October 7th with Israel. The Middle East is blowing up. We could be very close to World War three with these characters that don't have any idea what they're doing. But what a shame in Afghanistan. What a disaster. That was the most embarrassing day in the history of our country, I believe. But GE appliances were sold to the Chinese IBM computers were again sold to China under Kamala Harris. US Steel is now being sold to Japan. I will stop it. We got to do fast. We got to work fast, but we're not going to let it out. We're not going to let US Steel 70 years ago, the greatest company on earth, US Steel. Now it's going to be sold off like it was nothing. We're not going to let that happen. We'll build it up. We'll make it strong, but we're not going to. But with the vision I'm outlining today, not only will we stop our businesses from leaving for foreign lands, but under my leadership, we're going to take other countries jobs. Did you ever hear that expression before? Have you ever heard that we're going to take other countries jobs? It's never been stated before. We're going to take their factories and we had it really rocking four years ago. We're going to bring thousands and thousands of businesses and trillions of dollars in wealth back to the good old USA. That's what we're going to be doing it and doing it fast. And under my plan, American workers will no longer be worried about losing your jobs to foreign nations. Instead, foreign nations will be worried about losing their jobs to America. And it won't even be difficult. Your only worry will be deciding which job to take. There will be plenty of them. That will be your biggest problem. Darling, which company should I go with? We're going to bring them back and we're going to bring them back at levels not to be believed, but you'll believe it in about two years from now, you're going to say, wow, that happened fast. You're going to have so many companies wanting to come in because this is where the money is. It won't be if we keep running it like we have for the last four years. But this is what they want. This is what they want. And you'll hear the plan. I want German car companies to become American car companies. I want them to build their plans here. I want to beat China in electronics production and we'll be able to do that easily. We have the greatest genius, the greatest minds here, and then we end up building them in different places. A lot of that's really stupid tax policy. I want G.I.B.M. and every other manufacturer that left us to be filled with regret and come sprinting back to our shores and they will. So as your president, here is the deal that I will be offering to every major company and manufacturer on Earth. I will give you the lowest taxes, the lowest energy costs, the lowest regulatory burden and free access to the best and biggest market on the planet. But only if you make your product here in America. It all goes away if you don't make your product here and hire American workers for the job.

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Vote for Trump and you will see a mass exodus of manufacturing from China to Pennsylvania, from Korea to North Carolina, from Germany to right here in Georgia. They're going to come to Georgia, from Germany, and lots of other places.

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So as your president, here is the deal that I will be offering to every major company and manufacturer on Earth. I will give you the lowest taxes, the lowest energy costs, the lowest regulatory burden, and free access to the best and biggest market on the planet, but only if you make your product here in America. It all goes away if you don't make your product here and hire American workers for the job. If you don't make your product here, then you will have to pay a tariff, a very substantial tariff when you send your product into the United States. And by the way, you know, for years they knocked the word, the word tariff properly used is a beautiful word. One of the most beautiful words I've ever heard, it's music to my ears. A lot of bad people didn't like that word, but now they're finding out I was right. And we will take in hundreds of billions of dollars into our treasury and use that money to benefit the American citizens. And it will not cause inflation, by the way. And you know, I took in from China hundreds of billions of dollars in taxes and tariffs. And I had no inflation. We didn't have any inflation, 1.2%. We had essentially no inflation. Now you've had over the last four years, you've had the highest inflation. I think in the history of our country, somebody said, no, sir, it's only 58 years. Well, that's pretty bad too. I think it's really in the history of our country. This is the policy that built America and this is the policy that is going to save America. It's going to save us because we have gone so far down in so many different ways. Not to mention, not to mention the border, not to mention 21 million people pouring in from places unknown, totally. But like I've always called it, because it's a very beautiful and simple term, it's called America first, we're putting America first.

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Because I will bring automobile manufacturing back to the highest level in the history of our country. You know, it used to be we were the only place. And then it just got chipped away, chipped away, mostly by China and Japan. And all of a sudden, we were down more than 55 percent from where we were years ago. But it'll be like it was 50 years ago. And these jobs, they'll become roaring back. And we're going to be making autos at a level that you've never seen before. We'll be making cars bigger, better, more beautiful. Stronger and faster than ever before. Billions of people around the globe will soon be buying products proudly stamped made in the USA. Or if you prefer, if you have to do it made in Georgia, you can do that. And they'll be exported through the port of Savannah.

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Joe Biden claims to support American manufacturing, but in reality he's pushing the same pro-China globalist agenda that ripped the industrial heart out of our country. It ripped us apart. Biden and the globalists support raising taxes on American production. They support more crippling regulations killing American jobs. They support skyrocketing domestic energy costs, and they support massive anti-American multinational agreements that send our wealth and factories overseas. Very simply, the Biden agenda taxes America to build up China. China is the big beneficiary. We cannot let that happen. And just a couple of years ago it wasn't happening. China paid to the United States hundreds of billions of dollars and no other president got 10 cents, legitimately 10 cents from China. My agenda will tax China to build up America. The heart of my vision is a sweeping pro-American overhaul of our tax and trade policy to move from the Biden system that punishes domestic producers and rewards outsourcers to a system that rewards domestic production and taxes foreign companies and those who export American jobs. They will be rewarded and rewarded greatly, and our country will benefit. To achieve this goal, we will phase in a system of universal baseline tariffs on most foreign products. On top of this, higher tariffs will increase incrementally depending on how much individual foreign countries devalue their currency. They devalue their currency to take advantage of the United States, and they subsidize their industries or otherwise engage in trade cheating and abuse. And they do it now like never before, and we had it largely stopped, and it was going to be stopped completely within less than a year. As tariffs on foreign producers go up, taxes on American producers will go down and go down very substantially, and that means a lot of jobs coming in. Not only will this system end our gaping trade deficits, and they are massive right now, and bring back millions of American jobs, it will also bring trillions and trillions of dollars pouring into the United States Treasury from foreign countries and allow us to invest that money in American workers, American families, and American communities. This plan will be the linchpin of a new strategic national manufacturing initiative that builds in my historic success in ending NAFTA, which was a tremendous thing, a tremendous achievement. Nobody thought it could be done, and we did USMCA, US, Mexico, Canada, and it was an incredible thing. But we're also going to end other unfair trade deals, and we'll end them quickly. In addition, as a matter of both economic and national security, I will implement a bold series of reforms to completely eliminate dependence on China in all critical areas. We will revoke China's most favored nation trade status and adopt a four-year plan to phase out all Chinese imports of essential goods, everything from electronics to steel to pharmaceuticals. This will include strong protections to ensure China cannot circumvent restrictions by passing goods through conduit countries, countries that don't make a product, but all of a sudden they're selling a lot of product. It comes right through China, right out of China, and right into our country. We will also adopt new rules to stop US companies from pouring investments into China and to stop China from buying up America, allowing all of those investments that clearly serve American interests. We're not going to allow bad things to happen to our country anymore, and we will eliminate federal contracts for any company that outsources to China. Biden will never get the job done. He is weak on China because the corrupt Biden family has received millions and millions of dollars from entities tied to the Chinese Communist Party. Everybody knows that. They try and hide it, and the fake news doesn't want to talk about it. Biden's pro-China economic program puts America last, and it's killing our country. My cutting-edge trade agenda will revitalize our economy by once again putting America first. And by the way, we'll get along very well with China. And you know what the reason is? They'll respect us again like they did just two years ago. We will quickly become a manufacturing powerhouse like the world has never seen before. Thank you very much.

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