Trump threatens tariffs on nations that ‘don’t go along’ with Greenland plans
Trump threatens tariffs on nations that are 'not involved' with Greenland projects This is very important today. We've worked long and hard on this for years.
They're working on it. And Isee Kevin's in the audience. And I just want to thank you. You were great on television today. I actually want to put you where
you are. If you want to know the truth, Kevin Hassett is great. I'm saying, "Wait a minute. If I move them, these Fed guys, of course the ones we have, they don't talk much.
I'm going to lose you." That's a serious concern for me. So, I just want to say thank you very much. You've done an incredible job. We don't want to lose that,
Susie. We'll see how it all works out. Okay. Thank you, Kevin. Great job and during the debate on the largest investment in rural health care in American history
Thank you for being here. This is big. We are delighted to be joined by so many incredible members of the healthcare community,
including doctors, nurses, and pharmacists from all over America. We are also delighted to be joined by our very talented people, a man who is really good at this,
very controversial, which I want someone who is not controversial. So, I chose Robert F. Kennedy Jr. who has done a great job all the way.
And he is a great man too. Oh, Brooke Rollins who is doing a wonderful job in agriculture and thank you. And how are the prices coming? They are coming, sir.
They are coming down. Don't forget we inherited a mess. Remember eggs? They were four times higher than they were before. And on my first day, they said,
"What are you going to do about eggs?" He said, "I didn't create the problem, we didn't create it, we inherited the mess, but the prices are coming down.
" Yes, sir. Wholesale prices are 86 percent lower. Retail a little less than that, but yes, you are making America affordable again with your charge.
I have no doubt and I appreciate it. Thank you thank you and the administrator of the Centers for Medicare and Medicaid Services is a really good man, a really wonderful man, Dr.
Matt Oz. Thank you, Emma. Thank you, Dr. Oz. And thank you also to Governor Jim Palin, Senator Dan Sullivan, and Representatives Rob Brezna Hand, Mike Lawler, John Maguire, and Nick Begg.
Thank you all for being here. Much appreciated. Now, we have other congressmen here, I see, and a few senators.
And we appreciate everyone who is here. Everyone wants to be a part of this. It's very important. It's probably, I don't know, there's nothing more important to many people than this.
I would say maybe defense, you know, we need defense and we need offense. Well, in addition to the great big beautiful bill, we have increased
and we have increased funding for health care by an extraordinary $50 billion. This is rural health care. Nobody thought this was going to happen
and we did it. So, we have rural health care. For those who were trying to make the case that we are not taking care of rural communities,
I am all about the Thrill Community. We have won rural communities by numbers that no one has ever won before. And we are taking care of these great people.
So, we have already done it. We have increased funding for rural health care by an extraordinary record of $50 billion over five years,
which will benefit Americans in all 50 states. And this was made possible and possible by reducing the massive waste, fraud, and abuse from Medicaid and reinvesting those funds in hospitals and our beloved rural communities
and hospitals in rural communities. And I want to say with all the fraud
that we're seeing in Minnesota and California and other places, I actually think that if we do incredible things, you could almost balance your budget,
Kevin, if you look at the numbers that you're talking about. Nobody's ever seen anything like this. These are all corrupt politicians
from the governor of Minnesota to the governor of California, everyone. These are just corrupt politicians. And you're talking about billions of dollars in fraud, waste, fraud, and abuse.
But fraud, you're talking about hundreds of billions of dollars under the Affordable Care Act, which is Obamacare. It's called unaffordable.
It's unaffordable. Remember that rural hospitals and communities were devastated by cost overruns and this continues to happen. Despite the huge increase in government spending since Obamacare was passed, only 7% of annual Medicaid spending on rural hospitals went to rural hospitals. So, uh, there's just very little
that he didn't care about. Obama didn't care about the rural community being completely decimated. That he did care about.
There are insurance companies. And this was a bill to make insurance companies rich. And they did. They made insurance companies very rich. I would say
that they don't like me very much because they spent hundreds of billions of dollars. And we're going to spend that money on people and give it to people,
not that we're going to stop insurance companies. In part, as a result, rural health care facilities have suffered from low occupancy rates, workforce shortages,
and failed programs that put Band-Aids, literally Band-Aids over the problems of these communities. And we're not going to have that.
We care about them very much. With the Threshold Health Transformation Program, we're getting rural communities the health care they need,
and we're getting it quickly. These funds will go to empower rural hospitals, strengthen their workforces, modernize facilities and technology,
and ensure that rural Americans have access to world-class health care in their own communities, in their own communities like they never have before.
And they have been hit hard by the Affordable Care Act. Every single Democrat in Congress voted against the Lifeline for Rural Communities.
And I hope everyone knows this and this is not about the election, but I hope you remember this in the midterms because Democrats are terrible for rural communities.
But I want to take a moment to thank the incredible House and Senate Republicans who work so hard to make this historic investment possible.
That's what they did. And they worked hard. I don't think we got a Democrat vote. Did we? Did we get a Democrat vote?
We got all the Republican votes. It was an amazing, amazing achievement. And I want to thank Mike, our Speaker of the House, Mike Johnson, and John T.
for doing a really great job. It was tough. You know, we have a small majority. And I want to thank the Congress, who are here, in particular, for working so hard to get this done.
Yesterday I also announced my framework to lower health care costs for all Americans, including people in rural America,
and we're calling it the Great Health Care Plan. You know, we had to come up with a name and everybody wanted to say, oh well, can we put something in there about lowering the cost?
Because we're lowering the cost by a lot. So I had Bobby and I had Oz. We were all there. We had a whole group of people
and we're trying to come up with this so we're saying a cost-cutting plan that gives you good health care and I said that's too long.
It's not going to sell. I said we have more plans and they want to cut the cost of the words specifically for you in their law.
They wanted cost-cutting and then they wanted excellent health care. I said, "Look, you can take one or the other, but that gets too long.
We're talking about a plan name." So, we got it down to seven or eight words and that's too long. Nobody can remember that much. And I said, "Ah, what do you call it because it's the best health care plan.
"Now, a great plan has to be cost-effective or it can't be a great plan. That's how I saw it. So, we have a very catchy name.
It's called the Great Health Care Plan, not the Affordable Care Act. I don't like that name. It's officially called the Great Health Care Plan.
It stands for Low Cost and Great Health Care. So, you're going to get great health care at a low cost. First of all, our proposal sets up massive discounts on prescription drugs
that my administration is getting through our most beloved national provisions. Well, we can go into that, we can go into that for hours,
but the most important thing is that we will pay the lowest price of any nation in the world. Whoever is paying the lowest, we compete with that.
This could have been done years ago. I was going to do it in my first administration. So, but when COVID came around, I said, "H, I don't believe
that it wasn't right, it wasn't exactly the right time to do it." But I said, 'Why isn't anyone doing it? And the reason they're not doing it is because no other nation would agree to it.
For example, France paid 10% of what we paid. Germany was paying 13 or 14% of what we paid. In other words, we paid many times more, not a little bit more,
not 10% more, 10 times more. A pill would cost 10 times more in New York than it would cost in London, for example, than it would cost in Munich.
And this went on for decades. It's been there from the beginning. And it was a little bit of the health care companies, but it was other nations.
And I think if I was going to Germany, I wouldn't be paying double, triple and quadruple my health care. They got the health care companies to pay. What
that just happened over a long period of time. It went from bad to worse. And it just hit numbers that were absolutely unsellable. And if you remember the doctors in the audience
they said well we need to do research and development. I said what about research and development for G? erman well we've decided to put up theso the pill would cost five times more because of research and development and five times
more for other reasons. They had all these phony reasons. And finally I said to the health care companies can't do it anymore. We can't do it. And it started really I tell the story. It
I didn't mean to be funny. People think it's funny. But I have a friend who is a very intelligent man, a very rich man, a very powerful man.
But he was very fat and he took fat. I call it the fat medicine. I won't give you which one. It was epic. I won't tell the young people.
And he went to London on one of his many business trips. He just does business. He can't walk the street, but he's a great businessman.
And he said, "President, President." I said what? He used to call me Donnie. Now they call me President. Acid, "You've come a long way." He goes,
"But I have a problem." What's your problem? In New York, I pay $1,300 for this medicine. Now, it doesn't mean anything to him.
It's like taking a penny out of your wallet. This guy is worth millions, billions of dollars. He said, "And in London, sir, I only pay a fraction of that."
I said, "What are you paying? $87." I said, "Well, is this the same drug?" I knew exactly what he was getting because I, you know,
had been bugging me for a long time. He said, "This is the same drug." And because of his wealth and his business acumen, he wrote a check.
It was made by the same company in the same plant. It's the same. Here I pay 87 and in New York I pay $1,300. So it was a lot to bear.
Because after telling him that the drug didn't work on him because I had seen him recently, he was actually fatter than before. I said, "The drug isn't working on you.
You're going to have to move on to something else, but it works on a lot of people." And he said, "Thank you. You make me feel good."
I said, "Okay, I have to be honest. You always tell the truth, right, Mr. Congress?" Oh, look, one of the two great congressmen in the great Congress, uh, but drugs,
We have to do something about it because it's the same with everybody, I would say, Bobby, every drug doesn't have to be in this ratio basically.
Are these countries ererry smart? And the drug companies would go to them and they would see that we're paying $10 for a pill. We're not paying much.
America would charge. And it happened the next year, the next year, the year after that. It's been over 40 years. All of a sudden, they're paying $10 for a pill that we're paying like $130 for the same pill.
It just slowly built up over the years. And over the last 10, 12, 15 years it was unbearable and I was a very intelligent man, and I faced it, it was forever,
We said, "We in Europe for things They're paying 10 times more. This is not research and development. And if it is research and development, they should pay their share of it."
And he said to me, and he's a great guy, he said, "Look, you're right. We can't defend this anymore." I said, "You're admitting it
Because those people had a position. They must have taken a class together. It must have been illegal what they did. Lolayour jacket, right?
They must have gone to school together and said, "This is how we're going to fight this crazy thing where America pays 10,
12, 13 times more for a drug." Same drug. Same drug made in the same plant. And he said, "That's our problem. Nations are brutal.
When we go and say, "We have to give you a raise," they say, "No, put it on America. We're not giving you anything." And they say it with such force.
And they actually stopped us from selling drugs and it kept happening over and over. It got a little worse, a little worse, a little worse. Suddenly, we're paying many times more for it.
He said, "That's not going to happen anymore." He said, "The problem is, sir, you're never going to get the nations to agree. It's going to be impossible. They're too tough.
" And they are. And they're going to have to agree to double or triple the price of their drugs to disappoint you because the world is a bigger place than we are.
So it's not like you cut it in half. In fact, if they had increased it a little bit, we would have gone down a lot. Do you understand that? I think people understand that.
So you increase it from $10 to $20 or $10 to $30, but we're going to go from $130 to $30 or $20. So because the numbers are so big,
The numbers on their side are so big. So they're going to need to double or triple or quadruple. Now, if you're the head of France, the last thing you want to do is say,
"I'm going to quadruple the price of a drug, and that's it." But I said, "I know, but that's not fair." And that's happening.
And the head of Eli Lilly, and I really mean it, an incredible executive, an incredible man, one of the most successful companies, and who is spending hundreds of billions of dollars right now.
He's building, he told me the other day, he's building six big plants in the United States. You know why he's doing it? Because of tariffs.
He's doing it because of tariffs. Without tariffs, he wouldn't have made it. Nobody understood tariffs until I came along. Nobody except President McKinley.
He understood them long ago. And because of that, we were the richest nation in the world at that time. And then when he died, he was assassinated. Teddy Roosevelt came along
And he inherited a war chest and he built the Panama Canal, which is relatively the most expensive thing in American history ever. He spent the equivalent of $5 trillion on the Panama Canal.
It was also the most successful thing we've ever built, and still is. And then Jimmy Carter gave it away for $1. That's the same idea we have about favored nations.
The great Jimmy Carter, President Jimmy Carter, gave it to him for $1. We lost 38,000 men. In those days, it was men. I hate to say it, but mostly men.
They didn't have a lot of women workers on the Panama Canal. But we lost 38,000 people, they died of malaria and snakebites. It was a combination of that, the evil snake,
one of the most evil. Hit you, you're dead. A father from the Snake Place paid 38,000 workers from America to come to Panama
He paid three times that much and many of them were not good at digging, those 38,000 died, we gave it to him, but it's the same stupidity
Which has to do with the Panama Canal and I could tell you a hundred other stories but what does this whole nation not like at the moment
And other nations all over the world were getting drugs from the same plant, the same factory, the same thing, the same place, everything, the same company that we are giving back.
So our people were paying huge amounts of money. So the gentlemen from Eli Lee and the others, we had a meeting and everyone finally raised their hands, you got us,
We give up. And they were very good from that time. But we had a problem. Other nations were not going for it.
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