Full Donald Trump Interview With Bloomberg on Economic Plans, Tariffs, Immigration and the Fed

Former US President and Republican presidential nominee Donald Trump discusses his economic policies, immigration and the 2024 US presidential election. Bloomberg News Editor-in-Chief John Micklethwait speaks to Trump at an event with the Economic Club of Chicago.

00:00:00 Introduction by Bloomberg News Editor-in-Chief John Micklethwait
00:01:42 Trump questioned on spending plans; tariffs is "most beautiful word in the dictionary"
00:04:11 Trump on Detroit car industry, China auto-manufacturing plants in Mexico
00:08:45 Impact of tariffs on trade; John Deere; threatens tariffs on German carmakers
00:14:03 Trump says he won't let Nippon Steel (5401 JT) buy US Steel (X US)
00:15:27 Trump: "I call it the weave"; world has "never been so close to World War III"
00:16:37 Trump questioned on risk of imposing tariffs on allies; China; Japan's Shinzo Abe
00:21:20 China-Taiwan military threat; Korea road explosion; Putin; Nord Stream 2 pipeline
00:23:53 NATO; Trump says European nations "screw us" on trade, military spending
00:27:03 Dollar; Trump trade; tells Micklethwait "you've been wrong all your life" on fiscal deficit risks
00:31:23 Recounts conversations with French President Emmanuel Macron on taxes
00:33:50 Federal Reserve Chair Jerome Powell; Trump likens interest-rate decisions to "flipping a coin"
00:35:56 Trump on Supreme Court choices, ages of judges
00:38:00 Trump questioned on whether Google (GOOG US) should be broken up; TikTok is a "security threat"
00:41:45 Tech: Elon Musk influence; SpaceX Starship booster catch; Air Force One
00:47:15 Trump questioned on impact of tariffs on small businesses
00:50:30 2024 election: "peaceful transfer of power"; January 6 attack on Capitol
00:54:10 Immigration: Trump makes false claims on prisoners being sent to the US
01:00:03 Trump asked if he'd appoint a CEO who is aged 78; Trump insults Gavin Newsom

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[HuongAnnabel]

Americans pls vote based on common sense and facts, don't based on skin color and emotion. It's deciding election of the future of America and the world. From New Zealand!!!

[GeorgeWilliamSinclair]

The only reason I keep up with the news in this crazy country is because of my stock investment, can’t wait for the new president to be decided so I can know where I stand.

[travisc]

I don't think I've ever seen the difference between the MAGA mentality and the non-MAGA mentality on display as succinctly as this interview, and the ensuing comments. It truly is two different realities.

[avzeolla]

Imagine Kamala giving an interview like this. Won’t ever happen

[secondsuntilmidnight]

I bet Bloomberg was surprised by the audience.

[travisc]

I realized something after watching this. Trump communicates his points almost entirely anecdotally. And his supporters probably really relate to that kind of thinking. Everything is story about something that he heard, or a conversation he had with someone. I'm not even saying it's all a lie, it's just a very different way of expressing points than almost any other politician. And his base really seems to respond to it.

[MisterB]

Is it just me or on the subject of tariffs, are people missing the subtle point that he made that tariffs are a powerful negotiating tool? He doesn't intend to apply 2, 000% tariffs. That's a negotiating tool to use leverage to get a better deal for the American people and companies that the economy and workforce rely on.

And, of course, arguably far more valuable and consequential than just getting money from other nations is creating the conditions in which companies will build their foundations in the United States.

When foreign governments subsidize scorched-earth undercutting of domestic companies, while tariffing USA astronomically, yes-- tariffs become an incredibly valuable negotiating tool to protect the prosperity of Americans. And people forget that the US economy is still a powerhouse with immense leverage, which makes this tactic viable. When Americans are prosperous, they like to live well, and they are willing to invest in quality of life, Which means they buy products more than countries with larger populations. That's a market nobody wants to be excluded from.

[perihanersoy]

Immigration should be based on Skilled immigration like Europe, Canada Australia and New Zealand do. I'm also immigrant I won green card and came to the USA after all of the security and background check. I became US citizen after 2 month FBI background search. Lots of skilled workers want to come to the USA and we should allow them to come here legal ways, not passing the border and paying the human traficker

[Elcamina]

Anyone else had a standup special on Bloomberg before?

[tenmak]

Shane Gillis seriously is getting good at this.🤣

[nightlyreport]

00:07 Trump emphasizes focus on economic growth through bringing companies back to the USA
02:52 Tariffs aim to protect and grow domestic companies
06:57 Trump discusses imposing high tariffs on Mexico and its impact on the US economy
09:06 Impact of tariffs on trade and economy
13:11 Trump discusses the strategy of using tariffs to attract companies to build factories in the United States.
15:31 Discussion on the impact of tariffs on geopolitics
19:29 Trump renegotiated trade deals and imposed tariffs for fair trade practices.
21:27 Trump discussed his relationships with President Xi, Putin, and Kim Jong-Un, mentioning their nuclear capabilities.
25:38 Negotiating payment with South Korea for US troops stationed there
27:36 Trump defends economic policies and criticizes Wall Street Journal
31:56 Challenging tariffs imposed by other countries
34:03 Discussion on the Federal Reserve Chair role and potential actions on Jerome Powell
38:13 Trump expresses concerns about Google's power and potential rigging.
40:14 Concerns over technology threats and need for tighter regulation
44:57 America should have the best planes.
47:45 Trump granted exceptions to Apple due to competition from Samsung
51:47 Discussion on the protests and the election honesty
54:09 Immigration control and economic impact
58:27 Concern about criminals infiltrating communities and the need for secure borders
1:00:37 Defending age vs. competence in politics
1:04:57 President Trump discusses voter ID laws and expresses concern about cheating.

[OscarOffTheCuff]

All I know is that my bank account was looking pretty good when Trump was president.

[lordhoss]

But the company also has the choice to stop sending product to the US if you tariff the shit out of em.

[cupidcaesar]

Another good interview. Entertaining and composed despite the constant pushback.

[JeanCarlosQuinones-gkbv]

This man is intelligent and knows his stuff, can Kamala go that deep in detail into the economy?

[positivevibes]

I know you Americans have to swim through a sea of media manipulation, but please see through it and get this man back in office. The world depends on it, not just America. Love from Germany 👍

[markrcross]

Why do the audience applaud outright lies. Can't be true business people.

[jess]

Trump is straight forward in answering with a lot of common sense. No hesitation at all. The boldness is in there. How can Harris handle this kind of situation?

[OksanaMcFadden]

Great interview! Thank you president D. Trump for the dedication to our nation and common sense!!! We love you and support you!!!❤️❤️❤️🇺🇸🇺🇸🇺🇸🙏🏻🙏🏻🙏🏻🍀🍀🍀

[tamhuynhus]

Love President Trump explanation with confidence, experience and good heart ❤️