In-town pool report #4 - press conference notes

President Trump continues to give remarks in the Roosevelt Room. Here are some initial notes. The event is livestreamed so please double check against the recording.

He began his remarks by saying: “Great things happening. It's been a very strong week and a very strong weekend.”

On India/Pakistan, POTUS said his trade policies helped broker a full and immediate ceasefire between the two nuclear powers. Full quote: “We helped a lot, and we helped also with trade. I said, Come on, we're going to do a lot of trade with you guys. Let's stop it. Let's stop it. If you stop it, we're doing trade. If you don't stop it, we're not going to do any trade. People have never really used trade the way I used it, that I can tell you, and all of a sudden they said, I think we're going to stop and they have, and they did it for a lot of reasons, but trade is a big one.”

On China trade talks in Geneva, Trump announced that “both sides now agreed to reduce the tariffs imposed after April 2 to 10% for 90 days, as negotiators can to continue with the largest structural issues.”

He added that he plans to speak with

President Xi “maybe at the end of the week.” POTUS confirmed that fentanyl is a key part of the talks: “They’ll be rewarded by not having to pay hundreds of billions of dollars in tariffs, so the fentanyl should stop& there's a big incentive for China to stop and I take them at their word they're going to work on that, I think, very hard.”

On the drug price announcement, Trump explained that the US will “no longer tolerate profiteering and price gouging from big pharma.”

He said his drug price policy will “easily pay for the Golden Dome, and we have a lot of money left over.” On the Golden Dome, he adds: “By the way, in this world, although this world is a lot safer today than it was a week ago, and all that safer than it was six months ago, we had people that had no clue what they were doing.”

Trump announced that he recently called Speaker Mike Johnson and Majority Leader John Thune: “I said, You're gonna have to score two things: number one, score that hundreds of billions of dollars of tariff money is coming in. But even bigger than that, you can have to score that your cost for Medicaid, Medicare, and just basically pharmaceuticals and drugs, is going down at a level that nobody has ever seen before.

Nik Popli

Politics Reporter

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