tv Business Today BBC News July 12, 2024 12:30am-12:46am BST
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110 ,no obligation , no obligation to would feel no obligation to honour article five. he has only told putin, and i quote, do whatever the hell you want. in fact, the day after putin invaded ukraine, here's what he said. "it was genius. it was wonderful." some forgot that but that's exactly what he said. but i made it clear, a strong nato is essential to american security. and i believe the obligation of article five is sacred. and i would remind all americans, article five is invoked only once in nato's long history, and that was defend america after 9/11. i made it clear that i will not bow down to putin. i will not walk away from ukraine. iwill putin. i will not walk away from ukraine. i will keep nato strong and that's exactly what we did. and exactly what we will continue to do. now, the future of american policy is up to the american people. this is
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much more than a political question, it's more than that. it's a national security issue. don't reduce this to the usual testament that people talk about, issues of being a political campaign. it's far too important. it's about the world is the world safer with nato? are you safer, is your family safe are? i believe the american people know the answer to all those questions is yes. and i believe the american people understand that america is stronger because of our allies. i believe the american consensus from truman to reagan to me still holds today. america cannot retreat from the world. it must lead the world. we're an indispensable nation.
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let me turn to three other key issues. just this morning we had a great economic report showing inflation is down. overall prices fell last month. core inflation is the lowest it's been in three years. prices are falling for cars, appliances and airfares. grocery prices have fallen since the start of the year. we're going to keep working to keep down corporate greed to bring those prices down further. meanwhile, trump is calling for a 10% tariff on everything america buys including food from overseas, vegetables and other necessities. and economists tell us it would cost the average american working family and other $2500 a year as a tax of $2500 a year. second, our efforts to secure the southern border are working. after trump
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killed the bipartisan effort to secure the burda republicans and democrats had worked on, because he thought it would benefit me and make him a loser. republicans walked away. so i took executive action last month. as a consequence working with mexico border and connors have done 50%. recurrent levels has been lower today than when trump left office. third, for months the united states has been working to secure a cease—fire in gaza, to bring the hostages own, to create a path for peace and stability in the middle east. six weeks ago i laid out a detailed plan in writing, it was endorsed by the un security council, the g—7. that framework is now agreed on by both israel and hamas. so i
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sent my team to the region to hammer out the details. these are difficult, complex issues, there are still gaps to close, we're making progress. the trend is positive. i'm determined to get this deal done and bring an end to this war which should end now. let me make it clear where i began, we're the united states of america. we're the indispensable nation. our leadership matters. our partnerships matter. this moment matters. we must rise to meet it. with that i will take your questions. i've been given a list of people to call on here. reuters, jeff mason. mr president. _ here. reuters, jeff mason. mr president, your political future _ president, your political future has hung over the nato summit— future has hung over the nato summit a _ future has hung over the nato summit a little bit this week. speaker— summit a little bit this week. speaker pelosi made a point of suggesting that your decision on whether to stay in the race was _
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on whether to stay in the race was still— on whether to stay in the race was still open. george clooney and a — was still open. george clooney and a hair_ was still open. george clooney and a hair and full of lawmakers is called on you to step — lawmakers is called on you to step aside for the reuters is concerned about your ability to win _ concerned about your ability to win. �* ~ �* ~ , win. -- the ea w. ea w “ust endorsed i win. -- the ea w. ea w “ust endorsed me i win. -- the ea w. ea w “ust endorsed me but i win. -- the ea w. ea w “ust endorsed me but go i win. -- the ea w. ea wjust endorsed me but go ahead. | win. -- the ea w. ea w just - endorsed me but go ahead. how are ou endorsed me but go ahead. how are you incorporating these developments into your decision to stay— developments into your decision to stay and separately, what concerns _ to stay and separately, what concerns do you have about vice president — concerns do you have about vice president harasses ability to beat — president harasses ability to beat donald trump if she were at the — beat donald trump if she were at the top of the ticket?- at the top of the ticket? look, i wouldn't _ at the top of the ticket? look, i wouldn't have _ at the top of the ticket? look, i wouldn't have picked - at the top of the ticket? look, i wouldn't have picked vice - i wouldn't have picked vice president trump to be vice president. do not think she's qualified to be vice president. but start to number one. the fact is the consideration is that i think i'm the most qualified person to run for president. i beat him once and i will beat him again. secondly, the idea, i served in the senate a long time. the
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idea that senators and congressmen running for office worry about the ticket is not unusual. right add, there are at least five presidents running or incumbent presidents who had lower numbers than i have now. there is a long way to go in this campaign. and so i'm just going to keep moving. keep moving for the look, i've got more work to do, more work to finish. we made so much progress. think about it. think about where we're economically relative to the rest of the world. name me a world leader that wouldn't want to trade places with our economy. we created over 800,000 manufacturing jobs, things are moving. we've got more to go for that working—class people still need help. corporate greed still at large. corporate
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profits have doubled since the pandemic. they are coming down. i'm optimistic about where things are going. danny kim, afp. , things are going. danny kim, afp. _ , ., things are going. danny kim, afp. , ., ., afp. -- danny camp. iwant to ask ou afp. -- danny camp. iwant to ask you about _ afp. -- danny camp. iwant to ask you about your, _ afp. -- danny camp. iwant to ask you about your, you - afp. -- danny camp. iwant to ask you about your, you mixed up ask you about your, you mixed up president zelensky and putin earlier_ up president zelensky and putin earlier today. you know your key— earlier today. you know your key allies— earlier today. you know your key allies including prime minister, the president of france, _ minister, the president of france, the german chancellor and officials here is a of the record — and officials here is a of the record that your decline has become _ record that your decline has become noticeable. hasn't this now frankly become damaging for america's— now frankly become damaging for america's standing in the world? _ america's standing in the world? , ., ., world? did you see any damage bite me leading _ world? did you see any damage bite me leading this _ bite me leading this conference? as you seen a more successful conference? what do you think was met and the putin piece, i was talking about putin and i said now, at the
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very end, i said putin, putin and i said now, at the very end, isaid putin, i'm sorry, zelensky. and then i added five other names. look, guys, the idea that anybody suggests that we haven't had an incredibly successful conference for that how many times did you hear in the conference, i know it sounds self—serving but other leaders, heads of state and thanking me saying the reason we're together is because of biden. because biden did the following. look folks, well, anyway. i thought it was the most successful conference i've attended in a long time. and find me a world leader who didn't think it was. next one. cbs. ., ., .,
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cbs. you mentioned other instances _ cbs. you mentioned other instances in _ cbs. you mentioned other instances in history - cbs. you mentioned other instances in history where | instances in history where presidents had faced a challenge, but what makes this moment— challenge, but what makes this moment in history so unique is that— moment in history so unique is that it — moment in history so unique is that it is — moment in history so unique is that it is not your enemies who are calling _ that it is not your enemies who are calling on you to reconsider your decision to stay— reconsider your decision to stay the _ reconsider your decision to stay the race, it is your friends, _ stay the race, it is your friends, supporters, people who think— friends, supporters, people who think you — friends, supporters, people who think you have done a greatjob over_ think you have done a greatjob over the — think you have done a greatjob over the past four years. have you spent _ over the past four years. have you spent time thinking about what — you spent time thinking about what it— you spent time thinking about what it would mean for your legacy— what it would mean for your legacy which you worked decades to build _ legacy which you worked decades to build it— legacy which you worked decades to build if you stay in their race — to build if you stay in their race despite the concerns that voters — race despite the concerns that voters say they have and you lose — voters say they have and you lose to — voters say they have and you lose to someone who you yourself _ lose to someone who you yourself had argued is unfit to return— yourself had argued is unfit to return to _ yourself had argued is unfit to return to the oval office. i�*m return to the oval office. i'm not in this — return to the oval office. i'm not in this for _ return to the oval office. i'm not in this for my _ return to the oval office. in not in this for my legacy. i am in this to complete the job i started. as you recall, understandably, many of you and many economists thought my initial initiatives that i put forward can't do that, it's going to cause inflation to skyrocket. that will go up. what are you hearing now? what
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are you hearing now for mainstream economist? 16 economic nobel laureates said i have done a hell of a job. that under my plan so far and what is going to happen in the future if i am reelected, things are going to get much better. our economy is growing. i was determined when i got elected to stop the trickle—down economic theory. the wealthy did very well, everybody else would do well, my dad was a decent guy. i don't remember much trickling down at his kitchen table. middle—class people and working—class people need help. and so what happened is, i decided to implement, was able to implement as president but i believed when i was a senator, thatis believed when i was a senator, that is that the way to build this economy is from the middle out and the bottom up. that way we grow the economy. and the wealthy still do very well. they do fine. and guess what,
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find me a mainstream economist who hasn't two set i have it done well what have we done is working well for that we've got more to do, we gotta finish the job. by the way, i come from the corporate state of the world, delaware has more corporations than any other state in the nation combined. i'm not anti—corporate. but the corporate profits have doubled since the pandemic, doubled. it's time to get back and order a little bit. for example, if i'm reelected we're going to make sure that rents are capped at 5% increase, corporate rents for apartments and the like and homes are limited to 5%. we can make a lot of changes that i have been talking about because were going to continue to grow this economy. by the way, remember how i got so roundly criticised for being so prounion and not labour, union, union? guess what, i been the
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most union president in history. and guess what, we had the treasury department do a study, when unions do better everybody does better. every body does better. and we talk about how for example when i went, rememberwhen about how for example when i went, remember when i talked about the getting the computer chip industry back in the states? it used to be 40% industry, we invented the chip of a 40% in the united states and former presidents decided the best way to do is buy the cheapest labour in the world. send the product over there and import with the product was. what did i do? i was told not to go over to asia, including europe and asia. and i remember going to south korea, convincing them to invest $20 billion in the united states to build computer chip factories. and when they finally decided to do it and the answer was because you have the safest
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economy in thoug world. you have the best workers in the world. so the whole idea is that we've invested over $50 billion in investment put up the computer chip manufacturers, just coming into being. none of you thought that would happen. none of you thought that would happen. but it is happening. it's going to grow economies for the by the way, red states and blue states, manufactures as much in red states as blue states with them i make no distinction. my generic point is that the idea that we can't continue to build and grow the economy, make it fair. like i said, from my standpoint when the middle class does well that's when the whole economy grows. the poor have a shot, the wealthy do well. i think wealthy need to start paying the taxes. you
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mentioned _ start paying the taxes. you mentioned that _ start paying the taxes. you mentioned that vice - start paying the taxes. you mentioned that vice president kamata — mentioned that vice president kamala harris would be ready to serve _ kamala harris would be ready to serve on — kamala harris would be ready to serve on day one. could you elaborate _ serve on day one. could you elaborate on that? what is it about— elaborate on that? what is it about her— elaborate on that? what is it about her attributes and accomplishments of the last four— accomplishments of the last four years that make are ready to serve — four years that make are ready to serve on _ four years that make are ready to serve on day one if necessary?— to serve on day one if necessary? to serve on day one if necessa ? , ., ., necessary? first of all, the way she — necessary? first of all, the way she settled _ necessary? first of all, the way she settled the - necessary? first of all, the way she settled the issue | necessary? first of all, the | way she settled the issue of freedom of women's body to have control of their bodies, secondly her ability to handle almost any issue on the board. this was a hell of a prosecutor. she was a first—rate person and in the senate she was really good. i wouldn't picture in less i thought she was qualified to be president. from the very beginning. i made no bones about it. —— wouldn't have picked her on less. that's why i picked her. she is qualified. financial times. i picked her. she is qualified. financialtimes. presidency i picked her. she is qualified. financial times. presidency is the most _ financial times. presidency is the most trading job in the world _ the most trading job in the world and is 24—7. how can you say you'll— world and is 24—7. how can you say you'll be _ world and is 24—7. how can you say you'll be up for that next year. — say you'll be up for that next year. two _ say you'll be up for that next year, two years, four years given— year, two years, four years given the _ year, two years, four years given the limits you've acknowledge that you have
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today? _ acknowledge that you have toda ? , today? the limits i acknowledged - today? the limits i acknowledged i - today? the limits i i acknowledged i had? today? the limits i - acknowledged i had? this payment _ acknowledged i had? this payment reporting - acknowledged i had? this payment reporting that you acknowledged to you that earlier— acknowledged to you that earlier and the evening. that is not true- _ earlier and the evening. that is not true. what _ earlier and the evening. that is not true. what i _ earlier and the evening. that is not true. what i said - earlier and the evening. that is not true. what i said was l is not true. what i said was instead of my everyday starting at seven and going to bed at midnight it would be smarter for me to pace myself a little bit more. i said for example, the eight, six soft, instead of starting a fundraiser at nine o'clock, started eight o'clock. people get to go home ten o'clock. that's what i'm talking about. i'm not talking about... have you looked at my schedule since i made that stupid mistake in the campaign, in the debate? my schedule has been full bore. where has trump been? right around been full bore. where has trump been? rightaround his been full bore. where has trump been? right around his golf cart, filling out a scorecard before he hits the ball? he's done virtually nothing. i have
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