Best of Hannity: Billions to America - April 18th, Hour 3

In this "Best of Hannity", Sean covers the latest on tariffs including the increasing commitments from businesses who are investing billions in American manufacturing to address the change in policy.

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Episode Transcript

Speaker 1 (00:00):
That we have come to your city, saying you a
concious will be desired and if you want a little banging,
I come along. These guys are crushing us. The Democratic

(00:20):
brand is toxic right now. It's one thing to make noise,
but you also have to make sense. It sounds all
very good. But but Governor, you were the poster boy
for a lot of this stuff. Do you agree that
the Democratic brand is toxic? I do agree that the
democratic the Democratic Party brand is really problematic. Well, this
is a revolution and I think it might be the

(00:40):
might be the biggest revolution government since the original revolution? Freedom?
Is that your style? Welcome to the revolution, that we're
coming to your city, go way against all and saying
you a conscious Sell the new Sean Hennity Show, more

(01:02):
me I'm the scenes, information on freaking news and more
bold inspired solutions for America. All right, Thank you, Scott Shannon,
and thanks to all of you for being with us.
Write down are toll free telephone number if you want
to be a part of the program as eight hundred
and ninety four one Seawan if you'd like to join us.

(01:24):
The freak out is predictable in terms of the President's
announcement Liberation Day. I fully expected everything that has happened
to continue to happen, and I am absolutely one thousand
percent confident that things are going to work out in
the end for everybody, because it's just a smart thing

(01:47):
to do. What I'm having a hard time understanding. I
do understand that certain industries because of the way the
institutional old school method of doing things, are going to
be in the short term impacted, and there's not a
lot of long term thinking. And the alternative is just

(02:08):
not an alternative to me. What's the alternative? The alternative
is the status quo? What is the status quo? Letting
pretty much every country on the face of this earth
take advantage of us, rip us off, and we just
take it on the chin every time, and we don't
stand up for ourselves, and we don't stand up for
our country, and we don't stand up for our workers,

(02:30):
and we end up paying, you know, hundreds of billions
of dollars to protect all these countries and we get
you know, slapped in the face for It's it's pretty
amazing that it's taken this long for any one president
to actually deal with this. And that's why the President
made such a big deal out of it. It's amazing too,

(02:51):
how the legacy media mob they don't want to understand him.
They should understand him better by now, but they just
bubble and fizz like alca cults and water and they
just think they hear Donald Trump's voice and they just
react and they're not listening to exactly what it is
that he's saying. And what he's talking about is rebuilding

(03:13):
American industry. The President, it cannot get any more simple
than free and fair trade or reciprocal tariffs. It can't
get any more complicated than that. And when you look
look at the long list of countries, and we were
showing it all last night on TV, and I'm sure
most of you have seen it now and been able
to read it now. I won't take the time to

(03:35):
go through the numbers with you. We've been going over
it now for quite a long period of time. And
the way the President characterized it yesterday and we covered
the full hour of it, is our country has been looted,
pillage plundered by nations near and far, friend and foe alike.
And the people that have been impacted are the people
that really do make America great. The other people that

(03:57):
get up every day that work their ass off. They
work hard, twelve fourteen, sixteen hours. I don't know many
people that work eight hours a day, and they do
it to get their little piece of the American dream.
And slowly, but surely, we have allowed foreign countries to

(04:19):
burden us, tax us, terrify us, that tax us to death,
and we've been paying the price. And there's been nobody
willing to challenge the status quo, the system, the institution
as it is. And this is why you need a
disruptor like Donald Trump, not only to do it, but

(04:39):
to also begin the process of explaining why this is critical. Now,
it doesn't matter that we went through yesterday in great
specificity and great detail, all of the money over time
that has been invested since Donald Trump has been threatening
to do this. As a result of those threats, countries

(05:01):
are saying, you know what, maybe we don't want to,
we're gonna we're gonna eliminate our tariffs with America. And
that's gonna happen more and more. That's that's not going
to stop. I think that you're going to see more
and more countries. I mean, I can give you the
list of everything that China and India puts tariffs on
in Mexico and Canada and the European Union. We kind
of went through a lot of that yesterday. But then

(05:24):
on the other hand, in the lead up to yesterday,
I don't really hear anybody talking about all the companies
that have committed for the next four years to be
investing massive billions of dollars, you know, starting with foreign
countries like the UAE and Saudi Arabia. You know, Hynde
Apple five hundred billion dollars over four years, new factory

(05:47):
in Texas, accelerated investments in ai and silicon engineering, teams
of facilities, all expanded in states around the country Michigan, Texas, California,
Arizona and Nevada, Iowa, Oregon, North Carolina, Washington. Why do
you think, why do you think Apple all of a
sudden just decided to make that decision, or Navidia the

(06:10):
hundreds of billions they're going to spend in US made
chips over the next four years, or the Taiwanese semiconductor
manufacturing company one hundred billion dollars that they will make
these chips right here, at these semiconductors right here, in
this country and we need them. Or Sawt Bank and
Open Ai and Oracle one hundred billion dollars for Stargate
AI infrastructure, or Johnson and Johnson fifty five billion over

(06:35):
four years, or Eli Lilly or Murk the fact that
Nissan Honda were scheduled to build plants in Mexico and
have decided to build them in the US as a
result of the tariff threat that Donald Trump put in place.
And things are changing at a very rapid pace. I mean,

(06:55):
that's a lot of money. That's going to be a
lot of high paying career jobs for Americains and it
will over time, it will, it will be understood by people.
I've never been the person and I've said this all
throughout the Trump years, Obama years, whoever's president to look
to the stock market, which is always notoriously skittish and

(07:21):
not accepting of change, or you know, they panic at
the thought of any uncertainty as my barometer for what
the state of the economy happens to be. Sorry, I
just don't put that much faith, hope confidence in them.
I'm not the biggest believer in the stock market, you know.
I now under Donald Trump, after he put tariffs in place. Yeah,

(07:44):
there was an initial decline in the stock market. By
the time he left office it was up by sixty percent.
So that was a significant example of how it works.
When Ronald Reagan became president in nineteen eighty, he inherited
a horrible economy, very som to what President Trump just inherited,
and it was slow to get his economic policies in place,

(08:07):
his tax cuts in place, but he eventually did, and
after two years of a recession, we then had the
longest period of peacetime economic growth in the history of
our country up to that point. And literally the federal
budget went it doubled from five hundred billion to over
a trillion dollars. The problem is is that Washington spent

(08:27):
a dollar twenty five for every new dollar that he
brought in, and it created twenty one million new jobs.
Donald Trump, you saw the same thing first three years
in office. One record month after record month after record month,
unemployment went down for all the people that liberals say

(08:48):
Republicans don't care about. You know, Republicans are racists, sexist. Well,
African American unemployments record low after record low after record low.
Hispanic Americans, the same thing Asian Americans the same thing.
Women in the workplace the same thing. African American youth unemployment,
the same thing. And the fact that you know, so

(09:11):
many people want to freak out over this and read
into it's something that doesn't exist, does not in any
way shock or surprise me. It just is what it is,
and it's just a typical democratic reaction to everything. Now,
I will tell you that it definitely is. It's very

(09:34):
trumpy in what he is doing. You know, Donald Trump
thinks out of the box. Try and understand his psychology
a little bit, if you can, and if you look
at the fundamentals of this, and the President when he
went through his speech yesterday, that we're being looted, pillaged,
plundered by nations near and far, Frend and foa like,

(09:57):
and that American steel workers, auto workers, are farmers, our ranchers,
our skilled craftsmen, and we have so many that were
there yesterday with him. They have suffered gravely because of
these policies. And then he went into great specific, great specificity.
They've watched in anguish as these foreign leaders have been

(10:20):
out there stealing jobs, stealing intellectual property. They have closed
down our factories, they've closed down our steel mills. He
called them foreign scavengers who have torn apart our once
beautiful American dream. Who are the people that end up
getting hurt when this happens. Who are the people that
are going to benefit the most? Ask ask yourself that question.

(10:42):
The people that will benefit the most, the people that
Donald Trump is standing up for the most. Here are
the hard working men and women in this country, the
people that produce things, the people that have been ripped
off now for almost fifty years. And he said yesterday
it's going to stop up now. If countries want free
and fair trade, instead of them acting like, well, why

(11:07):
are you changing things, we're changing things because you have
been abusing the United States of America. It's really that simple.
If you want free in fair trade, you can have it.
If you want to put tariffs on US products and
hurt US workers, then they'll be reciprocity. We will do
to you that which you do to us, and the

(11:27):
choice will be yours, it will not be ours. And
what is the net result going to be? It will
take time to play out. Here's my prediction. And all
these people that are wringing their hands in a state
of panic, pulking, doom and gloom and stagflation and inflation,
et cetera. They're all going to be proven wrong because
these countries need access to all of our money, meaning

(11:51):
all of your money. They want to sell their products
in the United States of America. If you're Canada and
you have forty two million people is your population, do
you not think the manufacturers in Canada, you don't think
they want access to the three hundred and sixty five
million Americans or whatever the number is now in terms

(12:12):
of our massive population size compared to theirs. They do.
And the same thing with every other European country, and
the same thing with every country around the globe. They're
going to want access and as a result, they will
make the concessions to have free and fair trade, and
or they will have their companies be building manufacturing facilities

(12:35):
in this country, which a company like Rolls Royce is
now talking about. We have a lot of news on
this today, a lot. But anyway, so this announcement is
a big deal. It'll have ramifications. It will the United States.
For years, we slashed our trade barriers in other countries
and meanwhile they put massive tariffs on ours. I'll give you.

(12:57):
The one example the US charges country is about two
point four percent of terif on on two point five
percent on farm made automobiles. Okay, but if you look
at the European Union and a country like Germany, for example,
they put a ten percent tariff on automobiles that come
from the US. We're a two point point five, they're

(13:18):
a ten. And here's the bigger problem. They have what's
called the value added tax. What does a value added tax?
That's a national sales tax. That's that means if you
buy a car in Germany, you pay twenty percent sales
tax on whatever the sticker price of that car ends
up being. So you have a ten percent tariff, you
have a twenty percent fat tax. That's thirty percent. That's

(13:41):
a thirty percent increase on the sticker price of an
American car if you want to sell it in Germany.
Does it surprise you that Germany sells eight cars in
the US are one car that we sell there. If
it does surprise you, I'd be shocked that it surprises you.
You know, does it shock you that in South Korea
that eighty one percent of the cars in that country

(14:03):
are made in South Korea? And ninety four percent of
cars in Japan are made in Japan, and that Toyota sells,
you know, one million foreign made automobiles in the US,
General motor sells almost none, and Ford sells very little.
You know, it's a huge, massive imbalance, and our country

(14:26):
has been willing to allow this status quo to exist
unchallenged up until now. Now is it going to take
a little bit of a little bit of courage. Is
it going to take a little bit of a mind shift.
Are you going to have to start thinking out of
the box a little bit to understand why this is
important and how it impacts, you know, the people that

(14:49):
really do make our country great. Is it really a
bad thing to stick up for American manufacturers? Is it really?
Is it really unfair to ask our allies and our
foes alike, if they want to do business with us,
to do it fairly with us, and not to put
these burdensome taxes on the American people. You know, why

(15:12):
is this so complicated for some people? Why the doom
and gloom? Well, because maybe some people have their own
self interest at stake. And when I say that, I
look to the people frankly on Wall Street that really
don't produce a whole hell of a lot, And they
move other people's money around, and they take a piece

(15:33):
of everything they move. And now all of a sudden, Nah, panics.
That's it why Because it's new, it's out of the box.
It's not the old style, old school way of thinking.
It is. It is reordering and adjusting what has been
an unfair system to our country and to our our

(15:55):
people and the American worker. If you want to know
the party that sticks up for hard working men and
women in America today, that would be the Republican Party.
That would be the party under Donald Trump. Just let
this play out. Let's see, let's see. Let's see if
we end up being right here. If I end up
being right here, other countries are going to start knocking

(16:17):
on Trump's door. They're gonna want meetings. They're going to
agree to free and fair trade, or it's going to
be an outright trade war. And then we'll build manufacturing
centers here and we'll figure out a way to deal
with some other country that is willing to work with
us in a fair way. There's always answers to problems. Always.
I don't forget o Tesla contest Today's word of the

(16:39):
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(17:01):
interviewed Dana White, and then he got stuck with me yesterday.
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You can't do any better than that anyway. I don't
really want to spend It's the idea that we're going

(19:07):
to spend all this time wringing our hands when it's
going to take a little bit of time for these
policies to be fully implemented and work is frankly just
to waste of time. But you know, one House Democrat,
a moderate Democrat, is actually praising, you know, Donald Trump's
stance on tariffs. Congressman Jared Golden, a Maine Democrat, pointed

(19:29):
out and a lengthy statement that he himself proposed a
ten percent blanket tariff on US imports earlier this year. Later,
we're going to play Nancy Pelosi from nineteen ninety six
sounding like Donald Trump. It's amazing how many times Democrats
will oppose something just because Donald Trumps proposed it, when
they themselves and years gone by and proposed the exact

(19:50):
same thing. You know what I can say now is
I'm pleased the President's building is tariff agenda on the
foundation of a universal ten percent tariff like the when
I propose the Built USA Act. I mean, how do
you think this is going to impact workers in the
dairy industry in Wisconsin. How do you think this is
going to impact auto workers in Michigan. How do you

(20:12):
think this is going to impact steel workers and those
in the oil and fracking industry in Pennsylvania. How do
you think this is going to impact the great people
that make this country great every day. It's pretty amazing,
by the way, Robert F. Kennedy Junior, it just read
fired doctor Fauci's wife, senior bioethicist at the National Institutes

(20:37):
of Health, married to Anthony Fauci, fired by HHS Secretary
Robert F. Kennedy Junior. Federal officials who were familiar with
the most recent round of layoffs apparently found out that
she was fired in part because she didn't look into
the idea that the COVID nineteen pandemic started with the
lab leak at the Wuhan Lab, which, by the way,

(20:58):
was known absolutely, known for gain of function research, and
known for their coronavirus research. Gee, what a shock, What
a surprise. Vladimir Putin has warned Donald Trump not to
bomb Iran's nuclear facilities. What does he want a nuclear
armed Iran is Let me tell Vladimir Putin a thing

(21:20):
or two in case he hasn't figured it out. The
Mullahs in Iran believe in what's called a caliphate. A
caliphate is convert to their way of thinking, or you
will die. Now. Do I want war with Iran? No?
I do not. Do I wish that they had better
leadership in Iran? Absolutely? Do I think there are a

(21:41):
bunch of lunatics that are running that country, yep. Do
I think they're ideologues that don't respect human life? Yep?
Do I think that they are radical Islamist you know
that actually believe in the insanity of strapping bombs on
innocent and doctrinated people and promising them seventy two version
jins if they have blown up in the process of

(22:02):
killing quote the infidels. Yeah, I believe all of that.
And what Putin is saying, he's saying that irreversible global catastrophe,
Well he kind of did a it's kind of an
irreversible catastrophe what he did to Ukraine. If he had
territorial concerns regarding Ukraine, he didn't even attempt to try

(22:28):
to negotiate a peace with Ukraine on the issue. Russia
said that any attacks on their ally Iran would be
unacceptable and illegal, illegal according to who what the UN
as if we care with the UN things, and that
there might be irreversible consequences if the US were to

(22:49):
bomb Rand's nuclear facilities, that must mean that they're getting scared. Now.
The President is given Iran a deadline, and we learned
yes that when the president gives a deadline, he usually
keeps to it. And the deadline was one month. The
Iranian mullas have to negotiate a nuclear deal with the
United States and resolve other issues. So far, Ron has

(23:13):
basically taken their middle finger and shoved it in Donald
Trump's face, thinking that that's the best way to handle
Donald Trump. So and we don't really need lectures from
Vladimir Putin and the Russians on how to be dealing
with a nuclear on Duran. I will tell you this
as somebody that doesn't want foreign wars as somebody, and
I don't think this would be a far more in

(23:35):
the end. I think it would be over pretty quickly.
Because there are really two targets if you want to
destroy the leadership in Iran. One would be their refineries,
because that would that is the total foundation of their
economic strength, and because they would near bankruptcy. When Joe

(23:56):
Biden became president, Joe Biden turned a blind died of
the sanctions that Donald Trump had put in place. He
allowed the Iranians to sell their oil on the world market.
He made he literally granted waivers for tens and tens
of billions of dollars that Iran around Iran was providing

(24:16):
to countries like Iraq and elsewhere, so that they could
get their money for the oil that they shouldn't have
been selling in the first place. So we let them
get rich. What did the Iranians do with all the
money that made them rich. They fomented terror throughout the
entire region. And that means they're the ones that plotted, planned,

(24:38):
and schemed with Hamas the October seventh attack on Israel.
They provided the Kuds forces, the Iranian Revolutionary Guards forces,
made them available to plan that attack. They provided the weaponry.
They've been providing the weaponry to groups like Hamas as
Ballah in the North, at Elebanon, Islamic jihad Hoody rebels,

(25:01):
and everybody in between. They've been fighting a proxy war.
They themselveselves have shown a willingness to fire ballistic missiles
from Iran to try and attack Israel. Thankfully those attacks
have been thwarted, But at some point here the world's
going to have to make a very tough decision. I'm
not sure exactly what their breakout time is. The IAEA

(25:24):
said it's much closer than they had ever thought, meaning months,
not years. In terms of enriched uranium. Once you get
to about sixty percent enrichment levels, it's kind of an
easier process, according to the people I've interviewed over the years,
to get to military greade enrichment, which is about ninety
plus percent, and that means you'd be able to build

(25:46):
a bomb. Now, you also need a delivery system, and
I don't think the world fully knows what their capabilities
are with the delivery system. So the question the world's
going to have to ask itself is are they willing
to risk a nuclear to Ron now? There are some
people that would argue, well, they're just gonna send their
terrorists over to America and then they're gonna commit acts

(26:08):
of terror here. Well, we already know the Iranians are here.
We know we have people from Iran here, and Syria here,
and Afghanistan that are here, and Egypt that are here,
and from all over the world. Unsavory characters, people with
known terroritize people that themselves are terrorists. There are terror

(26:29):
cells in this country. A lot of them got through
our southern border thanks to Joe Biden and Kamala Harris.
So I don't know exactly what the breakout time here is,
and it's not anything that I look forward to, not
anything I want. I have no beef at all with
the American with the Iranian people. I don't think the
Iranian people there were signs of a growing rebellion and

(26:52):
desire for regime change prior to Joe Biden becoming president
and then they got richer and richer and richer because
allowed them to sell their royal and remain rich. I mean,
that's the great fallacy of Europe too. Europe. You know,
remember the story Donald Trump handed Angela Merkel a white

(27:12):
flag of surrender, and she goes, what's this for? Goes
because you're just surrendered these what are you talking about?
You just surrendered because you just did a multi multi
billion dollar energy deal with Vladimir Putin. You know, the
whole purpose of NATO in large part is designed to
fight back against any Russian aggression. I remember, Ukraine's not

(27:35):
a part of NATO. That's a separate story. But Germany
is and we are, and that's an alliance mostly against
any threats that Russia might might bring to Europe. And
why would you then allow the lifeblood of your economy
to be in the hands of people that you know,

(27:57):
that are that have nefarious intent territorial ambitions, and are
not are not the most trustworthy people to deal with.
By the way, Trump is weighing an all out assault
on the Russian economy. US is weighing this assault on

(28:18):
the lifeblood of their economy, which is their energy exports,
which analysts say would be a dramatic, high risk move
to influence the Kremlin and their decision making and force
it to end their war with Ukraine the sooner America
can just unload and start tapping deep into the natural
resources that are oil, gas, and minerals in our own country.

(28:42):
The more that we become energy dominant. It's one thing
to be energy and dependent. Donald Trump brought us in
his first term to energy and dependence in the first
time in seventy five years. But to be energy dominant,
and that means that we could supply Western Europe with
all of their energy needs. We'd be a far more
reliable partner, which would be another reason why they should

(29:06):
want free and fair trade with the United States of
America and not be so hostile towards US and not
piss us off the way they have actively been trying
to piss us off, because that's what's been happening. Either way,
we're learning more and more Wall Street Journal US employers
boost hiring, bucking the trade turmoil. Now, this is pretty

(29:30):
interesting considering who it's coming from. And I know him
pretty well, and he's been a guest on this program
many times, and he's been on TV many times, Austin Goolsby,
and he's the Chicago Federal Reserve Bank president. He said,
the hard data shows the underlying US economy is solid,
and our labor market is strong, and inflation is down

(29:50):
from its peak in twenty twenty two, according to Wall
the Wall Street Journal, and Reuters. So Wall Street, which
is notoriously skidded to any change, any disruption, any break
from institutionalism is you know, they're swooning today, but on
Main Street, where most Americans work and live. The latest

(30:12):
employment report from ADP shows that since Donald Trump became president,
the economies on the upswing. Now this was my headline
yesterday morning in the Wall Street Journal. You know my
interpretation of it. US employers boost hiring, fucking trend, I'm sorry,
bucking trade turmoil. ADP report says goes on hiring in

(30:34):
the private sector picked up pace in the US, driven
by a rebounded manufacturing despite uncertainty around trade tariffs. Some
one hundred and fifty five thousand new positions were added
to the economy in March, up sharply from February of
eighty four thousand, according to ADP National Employment Report that
was released late yesterday. Economists polled by The Wall Street

(30:58):
Journal had expected employers to add only one hundred and
twenty thousand jobs over the month. They far surpassed that,
and despite policy uncertainty. The bottom line is the March
top line, or was a good number for the economy
and for employers of all sizes. According to ADP's chief economists,

(31:19):
manufacturing added twenty one thousand jobs last month, while the
services sector rebounded from a slow February fifty seven thousand
new positions in professional and business services alone. The Northeast
the Midwest led the increased hiring, with eighty nine thousand
and eighty one thousand new jobs, respectively. Commerce Department reported

(31:40):
Wednesday factory orders went up zero point sixty percent. I'm sorry,
zero point six percent. That was above the expectations in
that category after an upwardly revised one point eight percent
rebound in January. But on Tuesday, the Chicago Federal Reserve
president said, yeah, hard data shows the underlying US economy

(32:00):
solid and the labor market strong, and inflation is down
from its peak. And by the way, if tariff's are
so bad for the economy, how come economic growth in
high tariff China is now double the economic growth under
Biden and Harris and their economy in low tariff America.
I will tell you one thing, and nobody seems on

(32:22):
the left to ever be consistent. You have heard about
sweatshops and low payment, low payments made to Chinese workers.
You have heard of that before, because they still exist
to this day. By the way, Ford Motor Company is
offering employee prices to all customers. GM is now announced

(32:44):
that they're going to be producing more of their trucks
based on what they believe will be a heavy increase
in demand. US shoppers will now be able to save
on Ford vehicles this spring through a new initiative called
From America for America, where it is getting out In
spite of what the media and Democrats are telling you,
don't listen to them. Their liars a lot of ground

(33:07):
to cover. Lindsey Graham has figured out a way to
bypass the Senate Parliamentarian, which is critical to get Reconciliation passed,
which means to get the Trump Economic Agenda, the border Agenda,
the energy agenda through. He's going to explain it all
in detail next. You're gonna like it straight ahead,