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Brian Kilmeade Show

Joe Lavorgna: Trump's Artificial Intelligence boom is coming

Brian Kilmeade Show

FOX News Podcasts

News, Politics, Business, Entertainment News, Sports

3.61.9K Ratings

🗓️ 23 July 2025

⏱️ 13 minutes

🧾️ Download transcript

Summary

Counselor to Treasury Sec. Scott Bessent Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

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0:35.0

But I just signed the largest trade deal in history. I think maybe the largest deal in history with Japan.

0:44.3

And that was done with Japan.

0:46.3

They had their top people here.

0:48.3

And we worked on it long and hard, and it's a great deal for everybody.

0:52.3

I always say it has to be great for everybody.

0:54.7

It's a great deal. A lot different from the deals in the past. I can tell you that. But we're doing

1:00.9

really well as a country. We're strong. We have a lot of money flowing in. The tariffs are kicked in

1:06.3

better than anybody other than me and a few of the people in the room thought could happen.

1:12.6

So, by the way, the president put on truth social some of the details of the Japanese deal he was

1:16.8

referring to yesterday evening. Japan will invest his direction, $550 billion into the U.S. economy

1:23.1

and will receive 90% of the profits, he says. The deal will create hundreds of thousands of jobs.

1:29.3

Perhaps more importantly, Japan will open their country to trade, including cars and trucks,

1:34.2

rice and certain other agricultural products and other things.

1:37.5

Japan will pay reciprocal tariffs to the U.S. at 15%.

...

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