Donald Trump (00:03):
Well, thank you very much. It's a beautiful Sunday in Scotland and we thought we could cut things short by… And certainly travel distance by having our meeting here. So we discussed options and it's an honor to have the president of the European Union with us. Ursula has been really done a terrific job. For them, not for us, but she's done a great job and she's highly respected by us also. And we look forward to talking to see if we can do something. We've had a very good relationship over the years, but it's been a very one-sided transaction, very unfair to the United States, and I think both sides want to see fairness, but it's been a very, very one-sided deal and it shouldn't be. And so we're here with her very brilliant staff and hopefully we'll resolve a few issues. But it's a great honor.
(01:06)
We just built this ballroom and we're building a great ballroom at the White House. The White House has wanted a ballroom for 150 years, but they never had a real estate person. Nobody, no president knew how to build a ballroom. But this just opened relatively short time ago and it's been quite the success. And I think I was just saying I could take this one, drop it right down there and it would be beautiful. This is exactly what they've wanted, but it's an honor to have you at the new ballroom at Turnberry and thank you very much. Thank you.
Ursula Von Der Leyen (01:37):
Thank you very much, Mr. President. Thank you very much for inviting me here. Indeed, it is today about trade between the European Union and the United States. We are together the two largest economies worldwide. If you look at the trade volume, it's the biggest trade volume globally with $1.7 trillion among us. And if you look at our markets, it's a huge market, 800 million people if you take the United States and the European Union. So I'm very much looking forward to the discussions we will have now. Our staff have done some of the heavy lifting, but now it's on us. And you are known as a tough negotiator and dealmaker.
Donald Trump (02:28):
Fair.
Ursula Von Der Leyen (02:29):
And fair and what is in front of us-
Donald Trump (02:30):
That's less important.
Ursula Von Der Leyen (02:32):
If we are successful, I think it would be the biggest deal each of us has ever struck. So I'm very much looking forward-
Donald Trump (02:39):
Ever struck by anybody. That's true. That's true. Right now we have that honor goes to Japan. We just struck a deal with Japan, as you know, and we're very close to a deal with China. We really sort of made a deal with China, but we'll see how that goes. And we have numerous other deals, and mostly I'm just going to charge tariffs and it is not a deal per se, but people are going to pay tariffs and we're doing them at the low end, not the high end because we don't want to hurt anybody and pretty well. But you and I both figured this is really the biggest trading partnership in the world, so we should give it a shot, right?
Ursula Von Der Leyen (03:17):
Yeah, I'm much looking forward to that.
Donald Trump (03:19):
Thank you very much. I do too. Any questions, please.
Speaker 3 (03:22):
On Friday, you put the chances of a deal at 50%, maybe less. It seems like you're in quite a good mood. How would you rate those chances now?
Donald Trump (03:31):
I'm actually not in a good mood, but I will tell you, I think the chances are… Yeah, I think Ursula would say probably 50/50 of making a deal. I'd like to make a deal. I think it's good for both. But yeah, I'd say 50/50.
Speaker 3 (03:47):
And what would you say the main sticking points are at this moment?
Donald Trump (03:51):
We have three or four sticking points. I'd rather not get in. We'll be discussing them, but I think the main sticking point is fairness. Please?
Speaker 4 (04:00):
Why you were in a bad mood? Was it a bad morning of golf or why you not in a good mood?
Donald Trump (04:06):
No, the golf was beautiful. Golf can never be bad. Even if you play badly, it's still good. If you had a bad day on the golf course, it's okay. It's better than other days. But no, I think I look forward to this meeting. We've had a hard time with trade with Europe, very hard time, and I'd like to see it resolved, but if it isn't, we'll have tariffs and they'll do what they have to do. But we have a good chance of getting it resolved. We'll probably know in about an hour. It shouldn't take that long. It's complicated, but not really complicated when you get right down to it. Right?
Speaker 4 (04:46):
August 1st deadline, is there any chance that gets-
Donald Trump (04:50):
No, no, no. The August 1st is there for everyone. The deals all start on August 1st. Most of the deals other than steel and aluminum, which we've been getting 50% tariffs from, I guess just about everybody. And those have come in and we've taken in hundreds of billions of dollars just on steel and aluminum. You've see in the numbers. We had a tremendous amount of money coming over the last month, and it's coming in very rapidly, which is fair. We have a lot of steel mills and plants, aluminum mills and plants being built. We have a lot of AI being built, and we have a lot of auto plants being built or going to be built because they don't want to pay tariffs. So if they don't want to pay tariffs, the best way to do it is just build your plant in the United States. Yes, please.
Speaker 5 (05:40):
What do you expect from the Europeans in terms of opening the markets to American products?
Donald Trump (05:46):
Well, they have to open up to American products. We're open to European products, and we have been forever. We just about don't have any… I don't think we have any product we say you can't sell. I guess you could get a little bit cute with chips, but that's a little bit different category too. Now, Europe is very close. We don't sell cars into Europe. We don't sell essentially agriculture of any great degree.
(06:12)
They want to have their farmers do it, and they want to have their car companies do it. I'm not saying anything that nobody knows, that we have a rough situation. If we want to sell cars in Europe, we're not allowed to. And as you know, they sell millions and millions of cars, Mercedes, BMW, so many different… Volkswagen, so many different cars and so many millions of cars. I would imagine number one. I didn't look at that, but I would imagine number one by far more so than even Japan. Japan sells a lot of cars too, but the Japan deal worked out very good I think. I hope for them too. And that's what we want to do. Make everybody happy. Yes, please.
Speaker 6 (06:57):
Mr. President, should Israel be doing more to allow food into Gaza?
Donald Trump (07:04):
Say it?
Speaker 6 (07:04):
Should Israel be doing more to allow food into Gaza?
Donald Trump (07:06):
What did you say?
Speaker 7 (07:07):
Should Israel be doing more to allow food into Gaza?
Donald Trump (07:10):
Well, we gave $60 million two weeks ago and nobody even acknowledged it for food. And it's terrible. You really at least want to have somebody say thank you. No other country gave anything. We gave $60 million two weeks ago for food for Gaza, and nobody acknowledged it. Nobody talks about it. And it makes you feel a little bad when you do that. And you have other countries not giving anything. None of the European countries, by the way, gave… I mean, nobody gave but us and nobody said thank you very much, and it would be nice to have at least a thank you. And I took a lot of heat. When I do that, a lot of people aren't happy about that because they say, well, why are we doing it and nobody else? But I think we had a humanitarian reason for doing it. What's going to happen? I don't know.
(08:07)
I can tell you that Hamas, as I said, would happen at the end. We've gotten back a lot of hostages, a tremendous number of hostages, most of them. Now we have dead hostages and the mothers want them back. And we have 20 people approximately, but that are living. But we have a lot of bodies. And the parents want those bodies as much as they would want their child, if that child were alive. I met with parents that it was so sad. "Sir, please get my son back. How is your son doing? Well, he's dead, but they have his body." And it's so important. It's almost like more, but it's as important as if the child were living.
(08:53)
These people were… I mean, they're devastated. And I said, when you get it down to a certain number, you're not going to be able to make a deal with Hamas. Because once they give them up, then they feel that that's going to be the end of them. And what I said is exactly true. They had a routine discussion the other day, and all of a sudden they hardened up. They don't want to give them back. And so Israel's going to have to make a decision. I know what I'd do, but I don't think it's appropriate that I say, but Israel's going to have to make a decision.
Speaker 8 (09:29):
Mr. President, when you were in the Middle East, you talked about the images coming out of Gaza and starving kids. Those images are still going. Many of them are much worse, thinner children starving. What do you see or feel when you look at those images today?
Donald Trump (09:44):
Well, it's terrible. When I see the children and when I see, especially over the last couple of weeks, and people are stealing the food. They're stealing the money. They're stealing the money for the food. They're stealing weapons. They're stealing everything. It's a mess. That whole place is a mess. The Gaza Strip was given many years ago, said that they could have peace. That didn't work out too well. When Israel gave that up, whoever was the prime minister at the time, who I know who it was, but it was not exactly a very clever thing to do because that was given so that they finally have peace. And it's actually made the situation worse, but we'll see what happens. I think Iran is acting up. I think that we have a lot of people, we have Venezuela acting up in a different way. They continue to send people that we rebuff to our border.
(10:42)
They continue to send drugs into our country. Venezuela, they've been very nasty and we can't let that happen. And we have other countries too. We do have, and this is just getting a little off-subject, but we have now the safest border we've ever had. And I think in many respects, we probably have the most successful. And I say it all the time, every leader, when I went to NATO the other day, every leader said you have the hottest country in the world. We have the hottest country in the world now.
(11:12)
We're taking in hundreds of billions of dollars. We have the highest stock market we've ever had. We have the best numbers we've ever had, but we have hundreds of billions of dollars pouring into our country. And I think it's the hottest. And by the way, one year ago, our country was dead. We had a dead country because of an incompetent president and incompetent Democrats. All they know how to do is talk and think about conspiracy theories and nonsense. If they'd waste their time talking about America being great again, it would be so much nicer, so much easier, be very successful. But we were a dead country and now we have the hottest country anywhere in the world. Any other questions?
Speaker 9 (11:57):
President Trump, on this particular deal, if you managed to do a deal today, will that be the end of the matter or could there be more tariffs coming, particularly on France?
Donald Trump (12:05):
No. If we do a deal today with the European Union, that will be the end of it. Yeah. We'll go I guess a number of years, at least before we have to even discuss it again. No, that would be the end of it for… And this is the biggest deal. People don't realize this is bigger than any other deal. We have great countries, great countries. I'm familiar with many of them. So are you. And this is really the biggest deal. I guess we are the biggest out there, and they're the second. And when we come together, this will be the biggest deal. If that happens and it could happen, it should happen. Okay. Thank you.
Speaker 10 (12:44):
Mr. President, will pharmaceuticals be part of today's-
Donald Trump (12:47):
No, it won't. Pharmaceuticals will be… I mean, could be we'll do something, but basically pharmaceuticals won't be part of it because we have to have them made in the United States, and we want them made in the United States. And I think it's easy to say, and I think it's important to say pharmaceuticals are very special. We can't be in a position where we're relying on other countries. Now, Europe is going to make pharmaceuticals, drugs, and everything else for us too, a lot. But we're going to have also our own.
Speaker 11 (13:17):
A question for President Von Der Leyen.
Donald Trump (13:18):
Yes.
Speaker 11 (13:20):
Can you give your assessment of what you feel the chances are a deal? The president just talked about 50/50 chance and the biggest obstacle being fairness. What would you say are those things for you?
Ursula Von Der Leyen (13:30):
I think the president is right. We have a 50% chance to strike a deal. And indeed, it is about rebalancing. So you can call it fairness, you can call it rebalancing. We have a surplus. The United States has a deficit and we have to rebalance it. You have an excellent trade relation. It's a huge volume of trade that we have together, so we will make it more sustainable.
Speaker 12 (13:54):
Mr. Trump, can you do better than 15% tariff ratio with the EU?
Donald Trump (14:00):
Better meaning lower?
Speaker 12 (14:01):
Yeah.
Donald Trump (14:01):
No.
Speaker 13 (14:02):
Mr. President to return to Gaza. You're going to meet the British Prime Minister tomorrow. He's going to ask you to consider again peace talks between Israel and Hamas. Are you now saying there is no point in going to-
Donald Trump (14:12):
Well, we're meeting about a lot of things. We have our trade deal, and it's been a great deal. It's good for them and good for us. I think the UK is very happy. They've been trying for 12 years to get it, and they got it. And it's a great trade deal for both. It works out very well. But we are discussing, we'll be discussing that. I think we're going to be discussing a lot about Israel. They're very much involved in terms of wanting something to happen. He's doing a very good job, by the way.
Speaker 14 (14:41):
Also on Gaza sir, did you speak with Prime Minister Netanyahu this weekend about getting more aid in the Gaza Strip?
Donald Trump (14:47):
I talked to him. Yeah, I did. I talked to him about a lot of things. I talked to them about Iran. I think Iran's been very nasty with their words, with their mouth. I think they've been very nasty. They got the hell knocked out of them, and I don't think they know it. I actually don't think they know. They really do. The whole thing's a con job. We have a lot of con jobs going on, but Iran was beaten up very for good reason. We cannot have them have a nuclear weapon. But they still talk about enrichment. I mean, who would do that? You just come out of something that's so bad and they talk about we want to continue enrichment. Who would say that? How stupid can you be to say that? So we're not going to allow that to happen. We're not allowing that to happen.
Speaker 14 (15:41):
Did you talk about more aid in Gaza?
Donald Trump (15:44):
Will I do more aid? Yeah. The US is going to do more aid for Gaza, but we'd like to have other countries participate. We're going to mention that to the European Union today. That's an international problem. It's not a US problem. It's an international problem. And we're giving a lot of money and a lot of food and a lot of everything. If we weren't there, I think people would have starved, frankly, they would've starved. And it is not like they're eating well. But a lot of that food is getting stolen by Hamas. They're stealing the food, they're stealing a lot of things. You ship it in and they steal it, then they sell it.
Speaker 15 (16:26):
Friday, you said that Europe is being crushed by mass migration, and I wonder whether your friends on this side of the room agree with you on that.
Donald Trump (16:33):
Well, I'd let you respond to that if you'd like.
Ursula Von Der Leyen (16:36):
So we have been working intensively on the topic of regular migration. And we have from the very beginning said that migration is a European challenge that needs a European answer. As Europeans, we will fulfill our international obligations as we've done in the past, also in the future. But we as Europeans are the ones who decide who comes to the European Union and under what circumstances and not the smugglers and traffickers. That's the principle in which we are working.
Donald Trump (17:10):
I will say this, they did ask me when I got off the plane, immigration, Europe has a tremendous problem. We do too. But we've sealed our borders. We have nobody coming in, and we have hundreds of thousands of people being taken out and the bad ones first. And I think we're doing a very good job of that. I mean, it literally registered zero people last month. You probably saw that, nobody, and Europe has a very similar problem. I think they're going to end up in the same place. You might as well go there quicker. And the other thing I say to Europe, we will not allow a windmill to be built in the United States. They're killing us. They're killing the beauty of our scenery, our valleys, our beautiful plains. And I'm not talking about airplanes. I'm talking about beautiful plains, beautiful areas in the United States.
(18:03)
And you look up and you see windmills all over the place. It's a horrible thing. It's the most expensive form of energy. It's no good. They're made in China, almost all of them. When they start to rust and rot in eight years, you can't really turn them off. You can't bury them. They won't let you bury the propellers, the props, because they are certain type of fiber that doesn't go well with the land. That's what they say. The environmentalists say you can't bury them because the fiber doesn't go well with the land. In other words, if you bury it will harm our soil. The whole thing is a con job. It's very expensive. And in all fairness, Germany tried it and wind doesn't work. You need subsidy for wind and energy should not need subsidy. With energy, you make money, you don't lose money.
(18:52)
But more important than that is it ruins the landscape. It kills the birds. They're noisy. You have a certain place in the Massachusetts area that over the last 20 years had one or two whales wash ashore. And over the last short period of time, they had 18 because it's driving them loco. It's driving them crazy. Now, windmills will not come. It is not going to happen in the United States. And it's a very expensive, and I would love to see… I mean, today I'm playing the best course I think in the world, Turnberry, even though I own it. It's probably the best course in the world. And I look over the horizon and I see nine windmills. It's like great.
(19:38)
At the end of the 18, I said, isn't that a shame? What a shame. You have the same thing all over, all over Europe in particular. You have windmills all over the place. Some of the countries prohibited it. But people ought to know that these windmills are very destructive. They're environmentally unsound, just the exact opposite. Because the environmentalists, they're not really environmentalists. They're political hacks. These are people that they almost want to harm the country. But you look at these beautiful landscapes all over the world, many countries have gotten smart. They will not allow it. They will not. So worst form of energy, the most expensive form of energy, but windmills should not be allowed. Okay.
Speaker 16 (20:26):
[inaudible 00:20:27] Cambodia and Thailand. You spoke to the leaders of those countries?
Donald Trump (20:30):
I did.
Speaker 16 (20:30):
Are they doing enough [inaudible 00:20:32]?
Donald Trump (20:32):
I hope so. You're talking about Cambodia and Thailand? So I had an interesting time… We're dealing with Thailand and we do a lot of trade with Thailand and with Cambodia. And yet I'm reading that they're killing each other. They're fighting. They're in a war. And I say, this should be an easy one for me because I've settled with India and Pakistan and Serbia and Kosovo was going at it. But they have for a long time, in all fairness. You know about that, and others, the Congo, what's going on there. That's been a horrible thing with Rwanda. That's been a horrible thing. 31 years, 7 million, 8 million people killed. Machetes. Machetes all over the place. It's a terrible thing. We got that one solved. So we did five of them. And I was saying, we have a trade deal. We were working on another… We finalized another trade deal yesterday, and I asked my people, I said, how are we doing with Cambodia and how are we doing with Thailand?
(21:38)
And they said, they're going to be coming in at some point to talk. I said, well, let's call them right now. So I called the prime ministers of each, and I said, we're not going to make a trade deal unless you settle the war. A lot of people are killed, you know that, in a short period of time, the border, they're fighting pretty like wild. And I spoke to both of the prime ministers, and I think by the time I got off, I think they want to settle now. I know they're meeting today or tomorrow, and we're going to work with them.
(22:07)
Marco Rubio is working with him also, his people and him. I think we're going to get that. That would be a great thing. But that would've turned out to be a bad one. And I will tell you, India and Pakistan, they were really getting ready to go at it. So getting those things settled, if I can do it and if I can use trade to do that, it's my honor. But I had great talks with two very good people that they both really would like to make a deal. So we'll see what happens. Okay. How about one more, two more.
Speaker 17 (22:40):
Europe is now spending a lot more on defense thank to you.
Donald Trump (22:42):
They are.
Speaker 17 (22:43):
Should they get a fairer deal on trade and exchange?
Donald Trump (22:46):
Well, they're spending a lot on defense, but we're spending a lot more, and we've been very generous to NATO for many, many years. And no, but we had a terrific meeting with NATO. I'd love to do as well, we had a meeting where they put up 5% instead of 2%, and they're going to pay it instead of not paying, because many people didn't pay the 2% or anywhere near it, and the 2% was too low. And we're going to be sending now military equipment and other equipment to NATO, and they'll be doing what they want. But I guess for the most part, working with Ukraine, but we had a fantastic meeting. I guess it's now almost four weeks ago, one of the best meetings they've ever had at NATO. And the spirit and the coming together was incredible. And I stood and I listened to almost 30 speeches.
(23:42)
That was a lot. And I was really late, and I had to leave, but I didn't want to leave before those last 10 spoke. Because they'd go home and they'd tell their wife, Trump left. And they were so nice to the United States. They were all mentioning the United States and me, but they were mentioning the United States to be here, such an honor, et cetera. And I thought it would've been inappropriate. But I did stay. It was very hard because I was extremely late for something else that was pretty important. And we had a tremendous NATO meeting. I'm sure you heard that too. It was great.
(24:17)
Some great people that you deal with on two fronts, right? But you deal with on primarily the trade front. But I will tell you, they came together and the relationship is really good. That was a great… An interesting question because you probably have reported it that way. It came together and they went from 2% to 5%, which nobody would've thought that was even… Who would even think that? Because they didn't want to be a 2%. All of a sudden they're 5%. And that's the right number. And so it was a great honor. I got to know the heads of those countries really very well at that meeting almost a month ago. Okay? Thank you very much, everybody. We'll let you know what's happening.
Speaker 18 (25:01):
[inaudible 00:25:04] golf course anytime soon.
Donald Trump (25:05):
I will. I love Doonbeg. I'll go.. Not in the strip, but I'll go soon. Okay. Thank you very much. Thank you.
(25:12)
[inaudible 00:25:36].