In town pool note #4 - Trump Q&A

As always please check against transcript and video feed.

POTUS was asked about tariffs:

"We have a lot of action going on. We are making a lot of money in this country. This country is not going to be losing money on trade anymore. We are losing $2 trillion a year on trade. Now we're going to be making money, a lot of money. So that's very good. Every country wants to partake, even countries that have ripped us off for many, many years, China as an example. But it's not just China, European Union. They ripped us off for many, many years. And those days are over. We're going to make a lot of money for our people. We'll be able to lower taxes substantially, and we're going to be proud of ourselves. We're not going to be a laughing stock that got taken advantage of by virtually every country in the world."

Why he was on the lawn: "We're putting up a beautiful, almost 100 foot tall American flag on this side and another one on the other side, two flags top of the line. And they needed flag poles for 200 years. It was something I've often said, you know, they don't have a flag pole per se. So we're putting one right where you saw us, and we're putting another one on the other side, on top of the mounds. It's going to be two beautiful poles."

He added: "Paid for by Trump."

Asked if he's making a deal with China: "It's gonna be fair."

More: "Everybody wants to be a part of what we're doing. They know that they can't get away with it any longer, but they're still going to do fine, and we're going to have a country that you can be proud of. We were a laughing stock all over the world for many years. You know, in 1913, they traded to the income tax system. We used to be all tariffs, and we had no income tax, and we had the wealthiest country that had, proportionately from about 1870 to 1913. ... We had more money than anybody. They had committees how to spend the money. They had so much money they didn't know how to spend then some we money. Then some brilliant person said let's go income tax."

More: "We're anywhere from three to $5 billion a day. Think of it. We're losing billions of dollars a day under Biden and other presidents, frankly, but under Biden, it got really worse. China got out of control. .. Now we're going to be making money with everyone and everyone's going to be happy."

Emily Goodin

Senior White House Correspondent

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Daily Mail | Washington, DC

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