Original subtitles

Welcome, everybody.

And, Mr. President, thank you again for joining us this week. I know your

schedule is crazy, and it was very meaningful for the World Economic Forum

everyone else that you took the time to be here and your busy schedule.

I want to just talk about these gatherings. They're sometimes known for

over differences with a lot of air kisses, platitudes, jargon.

But I don't think anyone could say about that this year.

More than at any other World Economic Forum annual meeting I've attended,

there's been less effort to pretend.

And I think we can all agree there's more of a willingness for people to

Even when your values and your views clash, or having conversations,

even when conversations are uncomfortable,

And hopefully through those conversations, we have better, deeper,

understandings.

So it's about a dialogue, and dialogue doesn't necessarily lead to agreement.

But it's the first step towards understanding and sometimes,

towards movement and resolution.

It may be unfashionable to be an optimist about disagreements discussed.

But the most enduring disagreements appear unresolvable right up until the

moment, and they're resolved.

Mr. President, thank you for recognizing that the World Economic Forum is a

place where we can have hard questions that can be debated and where difficult

problems can at least be confronted together.

And we're grateful that you added your voice and a needed voice.

to the conversation today and again this evening.

Mr. President, thank you again for being here.

I think you can see by the audience, they're thrilled, and we look forward to

hearing from you.

Well, thank you very much, and he's a hell of a guy, but we have...

An audience. I recognize so many. I know so many.

We have the king of soccer, the king of sports over here, Johnny.

When you have Johnny and I heard you, I just got a report on the sales of

tickets. It's there's never been anything like it. So that's good. Going

break every record.

So thank you for choosing us.

We appreciate that.

He's another spectacular person.

And so many people in the audience. And, you know, I have this beautiful speech.

Page after page.

And I just said, I just made a speech. And they were all here. They heard it

way or the other.

And I said, the last thing we want to do is waste our time and hear it again.

But I do want to say the people in this room are amazing.

Most of you were in the other room also.

And the United States is doing really well, doing like nobody thought was

actually possible. Certainly not this soon. It's one year.

It's exactly a year, if you think about it. Time flies.

It's 25%. That's a long time.

But it went very, very fast. We've had tremendous luck. I think it's been

reported by even people that aren't lovers of Donald Trump that it's been

the best first year for any president.

I think in terms of what we've accomplished, it might very well be.

But we've accomplished a lot, including ending eight wars.

I have one to go.

I thought that was going to be one of the easiest ones.

It's turning out to be one of the tougher ones. But you heard me say

,000, 30 ,000 people are dying a month. It's ridiculous.

And I think we're getting close.

Jared's here, and Steve Witkoff is here.

A lot of people that are working on that are here, and they've done a good job.

I think it could have gone into a world where if we weren't here, it was out of

control.

But I think we're going to get it resolved.

And I'm doing it to save 30 ,000 people a month, if you can imagine. You kid, I

mean, take your...

Your son leaves home, waves you, you're proud of him, you're so beautiful. And

then two weeks later, you had his head blown off, fighting Ukraine or fighting

Russia. It's both of them. The total are averaging 30 ,000, actually 30 ,000

young people, generally soldiers, a little bit in towns, but for the most

it's soldiers.

Every single month they're dying.

So I think we're going to do well there.

But we have Scott Besson, too, everyone knows, and Howard Luttnick, and these

guys are doing a fantastic job with what we'll do.

They were both recommended by many of the people in this room. I said, what do

you think of Scott? Oh, he's fantastic.

What do you think of Howard? Very different types. I would say these are

exact opposites.

And I like that.

I like that. They are the exact opposite.

You know, I never thought of it that way. I'm just saying that I'm looking at

you two. You are in every way.

But they're tremendously talented people and very successful people.

And I like bringing successful people in because there's a reason for success.

It's one of the reasons that we've had such success. You know, we took over a

country with a border that was a disaster where millions of people were

in. Millions of people were coming in every single week.

I mean, literally a week we have millions of people and a lot of and they

weren't vetted.

Totally open border. You have people come in. You could look at them. I don't

want to say what, how, how do I define that? Because they always discriminate.

So I don't discriminate.

But you can look at some people and say they're criminals.

And we took in tremendous numbers of murderers, drug dealers, mental

institution, insane asylum people, people that were in insane asylum.

institutions for the mentally ill and dangerous, very dangerous. They dumped

them into our country like we were dirt.

And we're doing a great job of getting them out. But it takes a lot of time, a

lot of effort.

And it's a nasty business, too.

But if they were bad someplace else, they're going to be bad here. They

people.

their country, whether it was Venezuela or the Congo or any of the countries

where they came. In the Congo, they emptied out their jails into our

In Venezuela, they did the same thing. And in many other countries, they did

same thing. So when you read all these stories about ICE, you'll understand

they're doing a hell of a job because we can't have those people in our country.

And we're getting them out.

But we're doing...

numbers in terms of people investing in the United States like we've never had

before. I guess it's because of November 5th, the election.

But the election gave us a view, and it's a view on tariffs to protect our

country because our country is being plucked like you pluck a chicken.

Our country was being plucked, and it wasn't good. And, you know, you can only

take so much of it.

And we've changed it around very quickly. And we've had, we'll have,

say $600 billion worth of tariff money coming in. And I think we're going to

have maybe more than that.

Yeah, by next year, it'll be much more than that. That's not including the

countries that, the countries and companies. We have countries coming over

building, but we have companies, great companies coming in.

Apple is spending $650 billion.

I mean, it's so many.

One just announced $10 billion.

Toyota. I met Mr. Toyota in Japan.

He said, what's your name? Toyota.

I said, oh, do you own the car company? Yes, 92%. I said, you didn't have to be

that specific.

But I said, you're rich. Yes, yes, I'm rich.

But he just announced he's going to do $10 billion worth of plants. I mean,

amazing what's going on. Look, it's amazing.

We've never had anything like it or close. Nobody else has either. So I

terms of...

Your investments, you're in great shape. I don't even ask anybody how you're

doing now. It's like everybody is making so much money. Oh, look who I see, Tim.

Hi, Tim Cook.

He's been good for 650.

Think of it, $650 billion.

Okay, can you imagine? That's what he's going to be investing more than that. I

think it's going to end up being more.

He's great.

He's done some job. You have done really some job.

And we have so many people.

in this room that have done a job. I don't know how many have done better

Tim, but some are right up there with you. You better get your ass moving,

tell you.

But fantastic people.

Fantastic people.

But I go around and I say, meet the biggest people, biggest business people.

I say, congratulations. They say, and what? I said, you've doubled your net

worth since I've been president, right? He said, Yeah, even more than that. They

would say even more. We're doing even better than that.

And, you know, we've given you a platform where you can really put your

to work. We have a lot of brilliant genius people in this room, and you can

that genius to work.

And it's an honor to do it. In a way, I'm jealous.

In a way, I'm upset. There are a couple of people in the room I can't stand

them, and they've become very rich. There's nothing I can do about it.

I would screw them if I could, but I can't do it. Right, Dina? I can't do it.

If I had a chance, I could just take them and say, you can't do what Apple's

doing. But you're not allowed to do that, Newt Gingrich, right? You can't do

But I would love to do it, really.

It's one of those things. But everybody's making a lot of money, and

investing money in the United States, and our jobs are through the roof. And I

made a statement the other day.

Thank goodness for robots, because we're never going to have enough people to

run all these places that are being built.

And I think robots are actually going to be a very big business. I think it's

going to be surprisingly big. But I think we're going to need it.

We're going to need it. So we have a country that's becoming very safe. We

the best crime numbers that we've had ever in recorded history.

Perhaps they were better 100 years ago. I'm not sure. But the recorded history

is 67 years. And in 67 years, they're the best numbers. And that's despite...

having a lot of people in the country that shouldn't be here, that we're

out. But we're, you know, we've got tough law enforcement, smart law

enforcement, and patriotic law enforcement. You know, they've been

example is Washington, D .C. You couldn't walk down the street in

You'd get mugged. You'd get killed.

They were losing 100 people. Think of it, 100 people a year dead.

You call up the parents. They come in from Iowa. They come in from Indiana to

see the Washington Monument.

And they end up being killed. It's not happening anymore.

And I said in the other room, people are going to dinner. They're walking.

They're meeting their wives in the middle of the street and they're walking

across the street to have dinner. New restaurants are being built at records

that nobody's ever seen. They were closing. We lost half of the restaurants

the last four years during the Biden administration. Now they're they're all

opening again. I even went to have.

A dinner just to show, I guess, to make a point. I went to a restaurant in

Washington. I walked right down the middle of the street. I wouldn't say

Secret Service was thrilled, but if I did it a year before, believe me, it

wouldn't work.

Here's my other friend, Hussein.

How are you? Okay?

Are you good? Boy, you got a lot of good people here. This is a very good place.

So it's amazing what's happened there. Memphis is amazing.

When you go to Louisiana.

What we've done there has been incredible.

Always much more helpful if we could have a little participation.

In the case of Louisiana, we have Jeff Landry, the governor, Republican

governor. We have a couple of Democrat governors. We have a couple of,

we have a couple of Democrat mayors who very quietly are begging us for help.

And we're making them all look very good. But I would do it. If I were a

Democrat, if I were a mayor or a governor, I'd be saying, Mr.

Trump, could you quietly come over here?

Would you do this, President, for me? Send about 1 ,000 troops in here.

And we do it fast, and we get rid of the criminals. And it's amazing how

effective. You know, I didn't campaign on this. I campaigned on law and order,

but I didn't know it would be this type of law and order. But the cities, some

of these cities, we've lost these cities.

And we're bringing it back, and we're bringing it back quickly.

Washington took us literally six weeks to make it safe and eight weeks to make

it really safe. And now it's really safe.

And I don't know, you know, some people disagree, but I like seeing those big,

strong soldiers. You know, we won.

We won in the Supreme Court, a very important case, merit.

Our country was built on merit. And then all of a sudden we got away from that.

And people with A averages and high college boards and everything were not

to get into colleges. And people that had C averages and low college boards

getting in.

And, you know, it's not fair.

Our country is based on merit. The whole concept and the whole system only works

on merit. It doesn't work on anything else.

And our military works now on merit. And when you see the soldiers in the street

in Washington or in Memphis or in New Orleans or in some of these places,

including Chicago, you know, we have crime down in Chicago, despite the fact

that we have an idiot governor and a mayor that, I mean, very low IQ person.

It's a low IQ person.

And it's amazing. You have these wonderful, beautiful black women with

America Great Again, MAGA caps on.

They're all over Chicago. They want MAGA to come in.

And we went in in a pretty quiet way as opposed to the way we did it in

Minnesota. You know, in Minnesota, we took it. We took out over 10 ,000.

hard -line criminals, people with big convictions that came in here that

shouldn't be here, brought them back to countries. In some cases, we bring them

to jails because if you bring them back to the country, they'll find a way,

despite the strong borders, they'll find a way in because a lot of them are

really evil, but they're not stupid.

So we're doing a real job.

The country's the hottest country anywhere in the world, the best place to

invest.

The great, big, beautiful bill is incredible.

You get that one -year deduction.

You build something, and you take the whole thing down.

And I always said that's what made my first term so successful because, I

people were buying things. I have a friend who bought an airplane.

He never used it. He just bought it. He said, I deducted it.

He's on the plane. I think he's got, Steve, you could buy it. He's got about

four hours on the plane.

It's been three years. I think he's got to be a great plane to buy, actually,

because he'll never use it.

But it really spurred people to do things and do projects that they really

have delayed or held.

And the beautiful thing about the great big beautiful bill, the one that we just

did, is over there you had a two -year window to do it. Now we have a 10 -year

window, which I hate to tell you because people will take their time.

So in one way, I didn't want that. I call that not good, but it is good

ultimately.

Think of it, it gives me a chance to use it.

If and when I ever get out of this position, there's a big question.

It gives me a chance to use it. Otherwise, I'd be precluded. That would

terrible, right?

But it's 10 years. But you're able to build something. You build a factory.

write the whole thing off in one year. Nobody's ever thought that was possible.

It was always 38, sometimes 40, sometimes 41 years.

You get a little here, a little there, nothing.

You write it all up. So it's been really amazing.

And you are the people that made it happen, really, largely.

It's you. It's you and a group of others. Not a lot more.

I mean, the people here, I guess because of Larry, the people that came to this

event, it's really incredible.

I wasn't sure how it was going to turn out. We had somebody, as you know, that

ran it for many, many years.

And I'm not sure what happened there, but I figured, well, that's all right.

They had a hell of a run in Davos.

Then I heard Larry was taking it over, more or less.

He called me. He said, would you do me a favor? Would you be there?

And we've had some great business dealings together.

He's great.

He's one of you. He's one of the greats. And it was an honor. We had a good

speech. We got great reviews. I can't believe it. We got good reviews in that

speech. Usually they say he's a horrible dictator type person. I'm a dictator.

But sometimes you need a dictator.

But they didn't say that in this case. And no, it's common sense. It's all

on common sense. You know, it's not conservative or liberal or anything

It's mostly, let's say, 95 percent common sense. And that's what we have.

So I just want to thank everybody for being here. It's such an honor.

And if we can ever help, you're going to let me know. And I have a pretty direct

line. Marco Rubio is here, too. He's done a fantastic job.

Secretary of State. He'll go down as maybe the best Secretary of State if he

keeps going like he's going. That's a big question.

I don't know that he will, but for the first year, he's headed to the top.

And I just want to thank everybody very much for being here. Thank you very

much. Take care of yourself.

Thank you.