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00:00In a few moments I will sign a historic executive order instituting reciprocal tariffs on countries
00:12throughout the world.
00:14Reciprocal, that means they do it to us and we do it to them.
00:18Very simple, can't get any simpler than that.
00:24This is one of the most important days, in my opinion, in American history.
00:30It's our declaration of economic independence.
00:34For years hard-working American citizens were forced to sit on the sidelines as other nations
00:39got rich and powerful, much of it at our expense.
00:44But now it's our turn to prosper and in so doing use trillions and trillions of dollars
00:50to reduce our taxes and pay down our national debt, and it will all happen very quickly.
00:56With today's action we are finally going to be able to make America great again, greater
01:02than ever before.
01:06European Union, they're very tough, very, very tough traders.
01:10You know, you think of European Union, very friendly, they rip us off, it's so sad to
01:16say, it's so pathetic.
01:1939%, we're going to charge them 20%.