'I DON'T EVEN THINK ABOUT IT': Trump reveals his feelings on personal threats from Iran

President Trump at Defense and Innovation Summit [00:03]

• President Trump participated in a round table discussion at the Defense and Innovation Summit in Carlisle, Pennsylvania.
• His administration's efforts to drive the next era of American defense were a key topic.
• JP Morgan CEO Jamie Dimon was also present, noting the importance of American leadership.
• The President was scheduled to speak on bolstering national defense while engaging in conflicts in the Middle East.

"He's going to be touting how his administration is helping to drive the nation's next era of American defense while he wages war in the Middle East."

Safety and Threats from Iran [00:35]

• President Trump expressed that he is concerned for his safety but chooses not to dwell on it to remain effective.
• He acknowledged that others are concerned for his safety and are managing it.
• This interview was his first appearance outside the White House since the NATO summit.
• He does not allow the thought of threats, including those from Iran, to impact his ability to perform his duties.

"I don't even think about it because if I do, I wouldn't be very effective. So, I don't even think about it."

Defense Production Act and Military Readiness [01:22]

• The Defense Production Act was invoked to support the defense industry.
• This action is intended to create jobs and rapidly refill US military supplies.
• The administration believes the Biden administration gave away too much equipment "willy-nilly" to other nations.
• New plants are being built by major defense companies, not just utilizing existing facilities with overtime.
• The goal is to reduce wait times for critical items like Patriot and Tomahawk missiles from over a year to a week or less.
• Companies are being directed to cease stock buybacks and invest in plant construction instead.

"We're building up our reserves very rapidly and as you probably also know, the great companies that we have are now building plants all over not just taking one plant that they've used used for a long time and doing overtime."

Stance on Iran and IRGC [03:02]

• President Trump concluded that negotiation with the IRGC is not feasible.
• He did not rule out actions similar to those taken against ISIS.
• He mentioned receiving a call indicating a desire to meet from Iran, a recurring situation.
• He believes previous administrations failed to address the Iran issue effectively for decades.
• He criticized the Obama administration for paying Iran $1.7 billion in cash and hundreds of billions of dollars, which he claims led to Iran pursuing nuclear weapons.
• He stated that B-2 bomber strikes a year prior had ended Iran's nuclear pursuits.
• The IRGC's capabilities, including drone capacity and manufacturing, have been significantly depleted, estimated between 88-91%.
• Despite depletion, he acknowledged they remain a danger and are "nasty people."
• He asserts that Iran wants to make a deal, evidenced by their ongoing desire to meet and the impact of recent strikes.

"this should have been done by other presidents for many years, for 47 years but really a lot longer than that and it wasn't."

Economic Outlook and Inflation [05:11]

• The June inflation report showed deflation of 0.4%.
• President Trump is confident that defense companies are doing well, creating jobs.
• He emphasized the need to produce military equipment faster, not just for the US but also for allies like Saudi Arabia.
• Plant construction is occurring at an unprecedented level across various sectors, including cars and AI.
• He anticipates $19.2 trillion, or even more, pouring into the economy.
• He expects inflation to decrease by the end of the year, with oil prices likely to drop significantly after current geopolitical events stabilize.

"We're making a lot of money. The defense companies are doing great. It's jobs. It's all jobs."

Federal Reserve and Interest Rates [06:20]

• He would prefer the Federal Reserve to pause interest rates rather than increase them.
• Ideally, he wants to see rates go down to make the US the lowest in the world.
• He believes other countries' success is partly due to US support and that they benefit from low rates while the US pays higher ones.
• He credits tariffs with reducing the US trade deficit by 68% in one year.
• He expressed frustration with Supreme Court limitations on the speed of tariff implementation but believes current methods are effective.
• He respects Federal Reserve Chairman Jerome Powell but acknowledges the potential for a "hostile" or uncooperative board.

"I'd like to see them go down. I'd like to see our country have the lowest rate anywhere in the world."

Presidential Recognition and Coin Presentation [08:19]

• The President was informed that his face would be featured on a coin from the Treasury Department.
• He found this to be a great honor and described the coin as "cute."
• He mentioned receiving a gold and a silver coin, noting it was unusual.

"that is very honored. It's cute. Not a bad picture. But it's very cute they gave me a coin. That's very unusual from what I understand."

Recent Military Strikes and Defense Industry Expansion [09:09]

• CENTCOM confirmed a second round of strikes against Iran was happening.
• These strikes target Iranian military capabilities used to threaten vessels in the Strait of Hormuz.
• Defense companies are being urged to ramp up weaponry production due to depletion from ongoing conflicts.
• President Trump intends to publicly address defense CEOs to accelerate plant expansions and the creation of new facilities.
• The goal is to achieve turnaround times of about a month or less for missiles like Tomahawk and Patriot within the next 12 months.
• European defense makers are also seeing increased activity, with NATO countries being pushed to spend more on weaponry.
• There is a significant boom for the US defense industry, with companies like Hanwha rapidly expanding their workforce and manufacturing capabilities in the US.

"The president would like in the next 12 months or so, I get the feeling to be able to have some of these Tomahawk missiles, some of these Patriot missiles roll off the line with the turnaround time of maybe a month or less."