he will go around.

[. president trump: nice to see you, some very familiar faces. it's an honor to be here today. we have first full day as president. we're back. and we had a great first term, but we're going to have an even better second term and do things that people will be shocked at, we are starting off with tremendous investment coming into our country at levels that nobody has seen before. and we're happy with the fact that i won the race and feel confident in their investments and big money and high quality people. my first day back from having a nice laugh, it's my honor to welcome three of the world

leading technology c.e.o. and larry ellison, it is well beyond technology. c.e.o. of everything. amazing man and amazing business person. but to announce the largest ai infrastructure project in history and all taking place right here in america. as you know there is great competition for ai and other things and they are coming in at the highest level. and/ora call larry ellison, softbank c.e.o., my friend and c.e.o. of openai and i would say the leading expert based on everything i read. sam altman. massive group of money.

these technology giants are announcing the formation of stargate. put that name down in your books because you are going to hear a lot about it in the future, a new american company that will invest $500 billion in infrastructure in the united states and very quickly moving very rapidly, 100,000 american jobs. this monumental undertaking is a declaration of confidence in america's potential under a new president. let me be -- a new president, i didn't say it, they did. i appreciate it. it will ensure the future of technology. we want to keep it in this country. china is a competitor and others are competitors. we want it to be in this country and making it available. i'm going to high a lot through

emergency declarations because we have an emergency. we have to get this stuff built. they have to produce a lot of like that and will make it possible for them to get that production very done very easily at their own plants if they want and will planned build energy generation and that will be incredible. but it's technology and artificial intelligence all made in the u.s.a. stargate will be building the physical and to power the next generation of advancements in ai and this will include colossal of data structures, massive structures. i was in the real estate -- big beautiful buildings and physical campuses scattered and making their choices. i think they have their choice.

i would like to ask larry to say a few words and talk about what they are doing and if you have any questions and we'll go into a couple of other subjects also. but this to me, $500 billion stargate project. i think tea it's special and will lead to something that could be the biggest of all. larry, we'll start with you and go down the line. thank you. >> thank you, mr. president. er do this without you. it would be impossible. ai holds incredible promise for all of us and for every american. we have actually been working with openai and the data centers are under construction. and the first of them are under construction in texas, each

building and 10 buildings currently being built and will expand to other locations beyond the and i will lean location. the kind of applications we are building may be the most qua rays matic and electronic health records, not just maintaining them but looking at their records, understanding the condition of doctors and better understanding the condition of their patients and provide health care plans than they otherwise would be. a doctor on indian river reservation would see a doctor at memorial sloan eter ring would treat a patient. we actually provide all of that information and guidance to the doctors who are treating cancer patients or any other kind of

disease made possible by ai. i'm not going to take a lot of time, but this is an exciting time for oracle to be a part of. thank you. >> that's, good, that's great. [laughter] >> thank you, mr. president. last month i came to and promise we would invest $100 billion and you told me, go after 200 and i came back with 500. as you said yesterday, this is the beginning of golden age for america. this is one great example, i

think, right. this is beginning of golden age. we wouldn't have decided unless you won. and we agreed to make this happen. [indiscernible] >> so we are going to make this happen and immediately start deploying $100 billion with the goal of $500 billion in the next four years, right? because of your success. so we are very, very excited to do this. and our partners, softbank, oracle and investing with mgx. on top of that we have the technology partner in media and

microsoft has been very, very supportive and continues to support all of our success. this is not just for business. this will help people's life. this will help solving many, many issues, difficult things that otherwise we could not have solved with the power of ai. i think it is coming very soon and after that, that's not the goal. after that, ai superintelligence will come to solve the issues that mankind would never have thought that we could solve. well, this is the beginning of our golden age. thank you very much. >> i don't have too much to add. i am thrilled we get to do this

in the united states of america. this will be the most important project of this to get this built here and create hundreds of thousands of jobs. we wouldn't be able to do this without you, mr. president and i think it will be an exciting project and do all of the wonderful things these guys talked about but the fact we get to do this in the united states is wonderful. thank you very much. president trump: i hear what it is going to do for medical research and cancer and the different problems. how ai will help with diseases, et cetera? >> these guys can share more about some of the work. they will join some of the leaders about driving partners here, but i believe as this technology progresses, diseases will be cured.

and how cure ing cancer and heart disease and what it will do for to deliver high quality health care and dure the diseases at a rapid rate. it will be among the most important things this technology does. [indiscernible. [laughter] >> one of the most exciting things we are working on, using the tolls that sam and masa is the cancer vaccine. it is all of our cancers, cancer tumors, little fragments of those tumors float around in

your blood. using -- you can do early cancer detection with a blood test and using ai to look at the blood test. you can find the cancers that are threatening the person. so, again, cancer diagnosis using ai as a simple blood test. and beyond that, once we gene sequence that cancer tumor, you can vaccinate the person, design a vaccine for every individual person to vac innature them against that and make that vaccine and make that again using ai in 48 hours. early cancer detection, the development of a cancer vaccine

for your particular cancer aimed at you and having it available in 48 hours. this is the promise of ai and the promise of the future. president trump: just one second and we'll finish up. these are highly respected guys. i was shocked i don't think larry does this stuff. he did a very good job. but he is so respected and the group and it's really an honor. but for larry to be here and do this is unusual. he doesn't need it and you don't need it, do you, huh? i think it's an honor to the country. it's a great honor -- these are the top people and they are going to do it here and make it

as easy as it can be. 500 million comes from a separate pledge between 100 and $200 billion from masa that we talked about and $20 billion and many others. some i would announce. but with some -- and i know they are highly respected and do it this way. many would like it to do it this way. but we are letting the world do it this way. money would have gone to china. business day in washington and the white house and we have secured nearly $3 trillion of new investments in the united states and probably going to be 6 or 7 by the end of the week. tremendous amounts of money are coming in for many things other

than ai. ai is very hot and seems to be a lot of smart people are looking at. our country will be prospering and it will be the golden age of america. yesterday, we had the most ambitious action-oriented day of any administration in history. never been a first day. i signed a sweeping executive orderers to stop the invasion of borders and defeat inflation and bring down the cost of daily life and cost of energy. and when energy comes down and i say generally speaking, energy comes down, everything comes down, the prices of food and everything else. energy is the big that's the big baby and we declared an national energy emergency to drill, baby,

drill. we will do that. we ended destructive d.e.i. mandates in return our country to a merit-based system and commonsense system. the supreme court gave us a decision that everything can be based on merit instead of rules and regulations instead of things that put our country and stopped government see sensorship and restored and renamed gulf of mexico the gulf of america. sounds so beautiful. and returned the name of the great president william mckinley to mount mckinley and he was a great president. he was a very successful businessman and ran for governor of ohio and won and ran for president and he won. and he was assassinated in his

second term unfortunately. but he was the tariff king. i don't think he is as bad as i am. but he believed in it very strongly and raised massive amounts of money. our country was at its richest from 1870 to 1913, that's when we were the richest. we were the richest during that period of time. that was tariffs from other countries. and our administration is moving with unprecedented emergency and spreed to confront every single crisis facing us and i want to thank sam, maa and larry and take a few questions. [indiscernible. among those you pardoned --

[indiscernible] why does he deserve a pardon? president trump: we are looking at pardons. we will look at everything. murderers today are not even charged. you have murderers that aren't charged all over. take a look at what is going on in philadelphia and l.a. where people murder people and don't get charged. these people have served years in prison and served them viciously. a disgusting prison. horrible, inhumane and terrible, terrible thing. i say this, you go to portland where they wrapped police officers, shot police officers, nothing happened to anybody. you go to seattle where they took over a big chunk of the

city and people died. portland. take a look at minneapolis, because i was there and i watched it. and if i didn't bring in the national guard, that city wouldn't exist today. people were killed and nobody went to jail. these people have served a long period of time. joe biden gave a barredon yesterday to criminals. you should be asking that question, why did he give a pardon to people who committed crimes. why did he give a pardon to j6 unselect committee when they burned and destroyed all documents which showed that they did what was wrong. wait a minute. wait a minute. why did he give a pardon to his brother. he gave pardons. that's the question you should be asking. go ahead.

[. [indiscernible question] president trump: no. no. >> speaker johnson and senator thune -- [indiscernible] president trump: it has been made simpler by los angeles because they are going to need a lot of money and find that a lot of democrats are going to be asking for help and makes it more one-sided. we are going to take care of los angeles and going to north carolina, which has been abandoned by the democrats and going to north carolina first. i will be there on friday and going from there to los angeles. and then i'm going to nevada and i'm going to nevada to thank them for the vote because we won nevada overwhelmingly and that is usually a democratic vote and i want to thank people for the big vote.

>> the leaders of the proud boys and the oath keepers were freed yesterday. back in 2021, you urged them to stand back and stand by, is there a place for them in the political conversation? president trump: i thought their sentences were ridiculous and excessive. one of the guys took down a flag that was an antiamerican flag and was given years, many years in jail and i thought it was very excessive and at least the spacees we looked at these are people we they loved their country. >> is it also true that you asked them to consider recess appointments for cabinet officials? president trump: marco got passed overwhelming with 99-0, which is pretty amazing.

marco is going to do a grated job, secretary of state. i get he was the first one. 99-0. and the nothing was a vote that he would have gotten if we wanted to do it. you know who is doing a great job as vice president. [indiscernible] >> a trade -- [indiscernible] president trump: what i really want to have done and i was talking about that with the guys in the oval office. los angeles has massive amounts of water and turn the valve and the valve coming back from the pacific northwest and millions of gallons of water a week and a day pours into california. goes all through california,

down to los angeles. and they turned it off. the valve goes turns towards the pacific ocean and all of that goes towards the pacific ocean. if they did it what i told them to do -- i think it's great politically. what they have done, is they have destroyed the city. the sprinklers, their sprinklers like this right here, none of them had any water. they didn't have any water. the fire hydrants, 40% had no water. the brush was dry. everything was dry. the sprinklers on the lawn weren't allowed to be used. everything was dry. they created an inferno a turn the valve back towards los angeles. just so you know, they have a valve a it turns. think of a sink and multiply it

many times. and you turn it back towards los angeles. they either have a death wish, they're stupid or something else going on. but we want the water that they are throwing the way to be used for california. and that includes the farmers of california. when you drive up north, you see all of the land -- i couldn't believe it. i was with deficient and nunes and driving up the highways and the land is bone dry and an acre with the most beautiful green plants growing in it. the most beautiful -- it's rich stuff. and look at the soil and it's so rich. that soil is almost the equivalents of iowa soil.

it's phenomenal. it has no water. do you have a drought? no. what do you mean? it's dry as a bone. the reason you have like an acre, they say you can farm one acre but no more. but they throw the water into the pacific ocean. these people are crazy. we will be issuing an executive order demanding that they let that waterdom down to california. farmers and people link in beverly hills. believe it or not, they were having restrictions, they wanted to restrict to 38 gallons a day. sounds like a day. but when you are a rich person, you would like to take a shower. 38 gallons doesn't last very long. and they have all this water. up high, pacific northwest.

and some comes in from canada, comes all the way through california and restricted and even have the half pipes. big you ones, bigger than this one and go all the way down and bone dry and loaded up with water. isn't it incredible they don't do it? it's to protect the delta smelt. how are you protecting them by not giving it water? nobody can answer that question. [indiscernible question] president trump: i heard about it, too. i have a right to make the deal. larry let's negotiate in front of the media. the deal -- and i met with

owners of tiktok, the big owners. it's whortless. the whole thing is worthless. worth like a trillion dollars. what i'm thinking about is buy it and give half of the united states and give you a permit and a great partner in the united states and have something that is more valuable and have the ultimate partner and the united states will make it worth while for them in terms of the permits and everyone else. you have an asset that has no value or a trillion dollar value and whether or not the united states gives the permits. let the united states give the permit and the united states get half. sounds reasonable. what do you think?

[indiscernible] >> aren't you a sending a message that assaulting officers is ok? president trump: the opposite. i'm going to let be two officers, police from d.c., i believe they are from d.c. but i just approved it, but they were arrested, put in jail for five years because they went after an illegal and something went wrong and they arrested the two officers and put them in jail for going after a criminal, a rough criminal. i'm a friend of police more than any president that's ever been in this office. the people you pardoned has assaulted. j.d. vance said if you committed violence on january 6, you

shouldn't be pardoned. why is he wrong? president trump: they served years in jail -- excuse me, they served years in jail and murderers don't even go to jail in this country and we had -- we have 16 under review and commuted 16 of them because it looks like they could have done things that were not acceptable for a full pardon. but these people have served and lives ruined -- listen to me for a second and stop interrupting. they served years in jail and if you look at the american public. look at the election. just look at the numbers in the election. we won this election in a landslide because the american people is tired of people like you that are just one-sided, horrible people. you don't talk about all the people that have been killed and

what happens to those murderers. murderers get no time. you look at some of these d.a.'s and go after political opponents and don't go after people who shoot people in the street. they don't go to pick them up and let them live there. they have their pictures and have the tape of the shooting and -- and you are talking about this. no, we pardoned people that were unbelievably poorly. in the history of our country nothing has taken place. they are looking for them but not looking for the murderers. we are, though and getting them out of the country. and they are going to be gotten out of the country and came in from jails and prisons and killed many people about 50 prgs ever them killed more than one person. they were released into our

country and we are focused not the kind of nonsense you are talking about. [if vladimir putin doesn't negotiate with you, will you put additional sanctions. president trump: sounds likely. if we had a competent president, the war would have never happened if i were president. but that couldn't have happened because the election was rig. [limiting visas. >> i like both sides of the argument but i like very competent people coming into our country and helping people that may not have the qualifications -- and i'm not just talking and i want competent people and hb-1.

i use the program, wine experts, even waiters, high quality waiters. you got to get the best people. and go into people like larry and he needs engineers and masa and this gentleman has needed engineers. we need to have quality people coming in. by doing that, we are expanding businesses and that takes care of everybody. but what i do feel is we have to let really competent people come into our country and we do that through the h-1 program. >> are you going to impose tariffs on canada and mexico to force? thrum frum has nothing to do it. canada very much so.

they have allowed millions and millions of people to come into our country. they could have stopped them and didn't and killed 300,000 people last year, in my opinion, have been destroyed by drugs, by fentanyl. the fentanyl coming through canada is massive. fentanyl coming through mexico is massive. the son gets killed and the family is a basket case for the rest of their lives. i have seen mothers who thought they would heal. they say it gets worse with their time. they lose their baby, their young daughter to fentanyl poisoning and i had that talk with president xi. i said we don't want that crap in our country. i had a deal with him where he was going to give the maximum

penalty is death penalty. and he was going to give the maximum penalty if they send to the united states, they were going to get the death penalty. i had that deal all wrapped up. we were going to have it done and the election went -- let's put it nicely not going the proper way. it was rigid and incompetent president elected and not followed up on that deal but should have followed up, if they followed up they wouldn't be sending fentanyl to other places. we are talking about a tariff of 10% on china based on the fact that they are sending fentanyl to mexico and canada. [indiscernible] president trump: february 1 is the date we are looking at.

mexico and china, we are looking at approximately 25%. >> are you planning to travel to the middle east soon? president trump: not yet. we have a thing that the hostages are coming back. some of them have been very damaged and the young lady with her hand practically blown off. you know how that happened. when you find out you are not going to be happy, because it was terrible. but the hostages are starting to come back. if i wasn't here, they would -- they would have all died. if this were done a year earlier and biden did this deal a year and a half. october 7 should have never happened. nobody should be dead. but through weakness and allowed

it to happen and it was a disaster. you go back six months ago. you know young people don't die like that. they are just dying and young people aren't dying at 22 and 23 years old, they don't die. you wonder why they are dying, they are being killed and have been killed. but they say six months ago, you would have had 11 more living hostages. six months ago and biden couldn't get it done and the imposition that i put on it as a deadline that got it done. but it's a very sad situation. it should have never happened. two things -- three things, inflation would have never happened except for what they did to energy and crazy spending and ukraine would have never happened. never. russia would have never gone into ukraine. i had a strong understanding

with ukraine -- putin. he disrespects people. he is smart and understands and disrespected biden and also the middle east would have never happened because iran was broke. they have no money, no money for hamas and no money for hezbollah. october 7 would have never happened. but it did happen and this is the cards i have been given and getting the hostages and never would have happened. they were dying -- not that slowly. they were dying or being killed. but that is what was happening. >> sending weapons to ukraine -- [indiscernible] >> we are looking to that and talking with zelenskyy and putin. we -- one thing i do feel, the european union should be paying a lot more. under biden, we are in there for

$200 billion. it affects them more than us. little thing called an ocean. the european union should equalize. we are in there for $200 billion more than the european union. are we stupid? the answer is yes. but the european union takes advantage of us tremendously on trade and always have. if i didn't get involved years ago first term, one of the things i noticed think are not paying enough. and a lot of those countries weren't paying. 7-28 were paying. we were one of them. and poland was one and a few of them were paying and some of them -- usually closer to the border line of russia, faster they paid. the ones that were further away

tended not to pay so fast. lift their number from 2% to 5%. 2% is ridiculous. [you asked president xi to get fled involved. president trump: he has not done very much and he has a lot of power like we have a lot of power. we did discuss it. >> do you intend continue to selling products that benefit yourself personally? president trump: i launched it and i was very successful. where is it today? >> you made a lot money, sir. >> several billion dollars in the last several days. president trump: that's peanuts

for these guys. wrote me a nice letter and i did open it last night and peter said, did you get the letter. it is sort of a tradition and put it in the draw especially in the beautiful resolute desk and i opened it, it said to number 47. i could show it, because i think it was a nice letter, maybe i will. just basically a little bit of an inspirational type letter. do a good job. important. how important the job is. but i think it was a nice letter. i think i should let people see it. it was a positive for him. i appreciated the letter. >> were you concerned -- [indiscernible] president trump: not at all. it was

it was just cold. we went out to the helicopter, to say good-bye, it's a tradition, as long as there's been helicopters, it used to be a stagecoach, now it's a helicopter. we stood there 10 minutes. people would not have been able to get through that day. don't let the sun fool you. sunny days can get very cold, can't they? it was so freezing yesterday. you couldn't have gotten through it. and the answer isno it wasn't security. with that being said, i thought the capitol, the rotunda, was beautiful. 72 degrees. unbelievable sound. you know. it's like being in an opera house. i could see people wanting to do it there rather than outside. >> why did you remove john bolton's security clearance?

pres. trump: i think there was enough time. we take a job. you take a job, you want to do a job, we're not going to have security on people the rest of their lives. why should we? i thought he was a very dumb person but i used him well because every time people saw me come into a meeting with john bolton standing behind me, they thought he'd attack them, he was a warmonger. he was the one along with cheney and others who convinced bush to blow up the middle east, we blew enthe middle east and we got nothing out of it except a lot of death. we killed a lot of people. john bolton was one of those guy a stupid guy. but no, you can't have that for life. shouldn't expect it for life. >> that meeting you mentioned with president zelenskyy, will that take place here? when and where? pres. trump: i don't know. president zelenskyy would like

to have peace. he's told me that. but it takes two to tango. any time they want, i'll meet. i'd like to see that end. millions of people are being kill. it's a vicious situation. they're new largely soldiers. a lot of people have been killed in the city they look like democrat in addition sites. build, massive buildings, bomb and coming down. the thing with ukraine is that many more people died than you're reporting. you're not reporting the real numbers. i'm not blaming you for that. i'm blaming maybe our government for not wanting to release those numbers. many more people died than what you know about. when those big buildings come down and they say two people were injured, no, no. many people. thousands of people are being kill. but the people, the real killing now is on the war front. it's a very flat land. and the only thing that stops a bullet is somebody's body. and you have young soldier, so russia has lost about 800,000 soldiers now. ukraine lost about 600 or 700,000. i think the numbers are low that

they're giving out. and -- but they've lost massive numbers of young soldiers. and that war should stop. it's very flat, you know. it's beautiful, farmland. it's flat. and really beautiful in a different kind of way. but they don't have any protection. the only thing that stops a bullet is a body. and those bodies are stopping a lot of bullets. they're get, they're being decimated. both sides. >> regarding your conversation with president xi what did you tell him in terms of when this expect tariffs and how to avoid them? pres. trump: we didn't talk much about tariffs, i put large tariffs on china. taken in hundreds of billions of dollars. until i was president china never paid, not ten cents to the united states. with me they paid hundreds, $600 billion or so or more. more than that even.

of tariffs. if i didn't do that you wouldn't have a steel mill open in the united states right now. you wouldn't have one steel mill open in the united states. so what i did is i saved the steel industry. i saved other industries too with other tariffs. other countries are big abusers. it's not just china. china is an abuser. but the european union is very, very bad to us. they treat us very, very badly. they don't take our cars. they don't take our cars at. they done take our farm products, essentially. they don't take very much. we have a $350 billion deficit with the european union. they treat us very, very badly. so they're going to be in for tariffs. it's the only way you're going to get back, only way you'll get fairness. you can't get fairness unless you do that. but the european union has treated us very badly.

essentially everybody treats us badly. you know. everybody treats us badly. go ahead. because we allow them to. because we had stupid people doing this. and we can't have -- i want -- i'd like to have these three people negotiate for us. just one week. and we'd be a rich country again. we'll be rich. >> mr. president, on a.i. data centers, will you see vined president biden's executive order -- pres. trump: which centers? >> a.i. data centers, would you rescind the orders that opens up federal lands for a.i. centers? pres. trump: that sounds like something i'd like. i'd like to see more data centers. we have a lot of competition for that. it's great to have these three people, great people, great c.e.o.'s, great geniuses all three. it's an honor they want to come to our country. we're going to make it as easy as we can. i'm going to have to go now.

thank you all very much. >> do you have tiktok on your phone? pres. trump: no, but i think i'll put it there. again we won the young vote. i think i won it through tiktok. so i have a warm spot in my heart for tiktok. thank you.