President Trump was on “Sunday Morning Futures” with host Maria Bartiromo to discuss a variety of topics, including tariffs.
The President explained that pharmaceuticals and other products, including chips, will have no tariffs if they are manufactured in the United States.
“I am putting tariffs on pharmaceuticals unless they are made here. They are all coming back. Chips, I put big tariffs on chips unless they are made here. There’s no tariff if they make them here,” President Trump said.
“All those companies are coming back from Taiwan. They are coming back from all over the world,” President Trump commented.
President Trump explained that trillions of dollars is going to be invested in the United States.
“17 trillion dollars. It could be 20 trillion dollars by the end of the first year,” Trump continued.
“Investment in America?” Bartiromo asked.
“Investing in America. 20 trillion dollars. No country has ever done anywhere even near that,” Trump continued.
“Biden did less than a trillion in four years,” Trump said.
“We are gonna do over 17 trillion in 8 months. By the time we end, we could do over 20 trillion dollars,” Trump said.
Watch:
.@POTUS on investing in America: “Pharmaceuticals are coming back already… There’s no tariff if they make them HERE.” pic.twitter.com/I96sFdSZi0
— Rapid Response 47 (@RapidResponse47) October 19, 2025
President Trump explained that the Democrat party is futureless and has very bad candidates running for office.
“They have nothing going. They have no future. They have incompetent candidates,” President Trump said.
The President also referred to mayoral candidate Zohran Mamdani and explained that he is a communist.
“For us to have a communist mayor. Looks like we are going to in New York. He’s not a socialist. He’s a communist,” Trump warned.
Watch:
.@POTUS: “The Democrats are kamikazes right now. They’re kamikaze pilots right now. They have nothing going. They have no future. They have incompetent candidates.” pic.twitter.com/6ogVaJPsPc
— Rapid Response 47 (@RapidResponse47) October 19, 2025
More of President Trump’s interview with Maria Bartiromo.
Watch:
President Trump, @POTUS @realDonaldTrump, discusses the government shutdown, future of the Democrat party, NYC Mayoral race, and securing America’s unsafe cities in part three of @MariaBartiromo‘s exclusive interview.
Watch here: pic.twitter.com/kEThpsMjTE
— SundayMorningFutures (@SundayFutures) October 19, 2025