President Trump Signs Reciprocal Trade And Tariffs Memorandum Plus Questions February 13th, 2025

2/13/2025 TIME MARKS:
0:00 - 1:05: Introduction and Initial Remarks
The video begins with ambient noise as Trump enters the Oval Office, greets the press, and introduces the event. He mentions it’s a “big day for trade” and highlights fairness as a key theme.
1:06 - 4:22: Explanation of the Reciprocal Trade and Tariffs Memorandum
Trump explains the memorandum, which directs his economic team to develop a “Fair and Reciprocal Plan” for tariffs matching those imposed on U.S. goods by other countries. He cites examples like India’s high tariffs and the U.S.’s open economy, emphasizing the goal of reducing the trade deficit.
4:23 - 6:58: Signing of the Memorandum and Comments on Fairness
Trump signs the memorandum, surrounded by aides like Commerce Secretary nominee Howard Lutnick. He reiterates that reciprocal tariffs will ensure “fairness,” saying, “Whatever they charge us, we charge them—no more, no less.”
6:59 - 9:41: Trade Imbalances and Non-Tariff Barriers
Trump discusses broader trade imbalances beyond tariffs, including value-added taxes (VATs) in the EU and regulatory barriers (e.g., Japan’s auto rules). He calls these “unfair” and part of the reciprocal plan’s scope.
9:42 - 12:15: Q&A: Timeline and Implementation Process
A reporter asks when tariffs will take effect. Trump says studies will be done by April 1, 2025, and Lutnick adds that the president will decide post-April. Trump notes it’ll move “fast—Trump time.”
12:16 - 15:03: Q&A: India and Modi’s Visit
Asked about India’s high tariffs ahead of Modi’s visit (same day), Trump says Modi offered to negotiate lower tariffs and buy U.S. oil, gas, and jets. He calls it a “reciprocal deal in progress.”
15:04 - 17:49: Q&A: Inflation and Economic Impact
A reporter questions potential price hikes. Trump admits short-term increases but claims long-term benefits as manufacturing returns to the U.S., saying, “We’ll dominate again.”
17:50 - 20:36: Q&A: China and Existing Tariffs
Asked about additional China tariffs (beyond the 10% already imposed), Trump says reciprocal tariffs will “stack” with existing ones for national security (e.g., fentanyl), hinting at further action.
20:37 - 23:14: Q&A: Allies vs. Adversaries and Trade War Risks
A reporter asks if allies like the EU will face the same tariffs as rivals like China. Trump says, “Everyone’s on notice—friend or foe,” and dismisses trade war fears, claiming others will “back down.”
23:15 - 25:48: Closing Remarks and Optimism

#MAGA