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πŸ’₯URGENT Message from TRUMP and STARMER: EMERGENCY STATEMENTS

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[00:00:00] [Applause] [00:00:16] Thank you very much and uh very nice to [00:00:18] see you all. And Mr. President, let me [00:00:21] welcome you again for this unprecedented [00:00:24] second state visit. Um, and it's a great [00:00:27] pleasure for me personally uh to welcome [00:00:30] you to my home from home here at [00:00:33] Checkers. And thank you very much for [00:00:35] taking the time to uh say hello to the [00:00:37] staff who are absolutely they've done a [00:00:39] brilliant job. Um, and uh they've been [00:00:42] preparing for weeks. Um, and it's really [00:00:45] so good uh to have you here. So, thank [00:00:47] you so much. Uh, you are among friends. [00:00:50] Um, and I think we all agree uh there's [00:00:53] so much to celebrate in the special [00:00:55] relationship between our two countries. [00:00:58] Uh, by standing together in war and in [00:01:02] peace, this bond is the very foundation [00:01:05] of our security, our freedom, and our [00:01:08] prosperity. [00:01:10] But what is the relationship all about [00:01:13] when it comes down to brass tax? It [00:01:17] comes down to leaders, of course. [00:01:19] leaders who respect each other, leaders [00:01:23] who genuinely like each other. Um, and [00:01:27] it comes down to our unique relationship [00:01:29] on defense, the closest the world has [00:01:32] ever seen. It comes down to the [00:01:35] connections between our people, ties of [00:01:39] family and friendship. The president [00:01:42] himself is a shining example of that. [00:01:45] But it also comes down to business. to [00:01:48] all of you here and thank you so much [00:01:50] for coming here um this afternoon. It's [00:01:52] fantastic to have you um with us as the [00:01:56] best evidence of that people-to-people [00:01:59] businessto business relationship that [00:02:01] thrives uh in the special relationship. [00:02:05] In so many ways, this story is a story [00:02:07] about enterprise. The US is our single [00:02:11] biggest largest trading partner. [00:02:14] Companies like BP, GSK, Rolls-Royce, and [00:02:19] Astroenica employ thousands of people in [00:02:22] the United States. American companies [00:02:25] like Microsoft, Cityroup, Boeing, [00:02:28] Amazon, and Blackstone do the same here. [00:02:33] Together, we support over 2.5 million [00:02:37] jobs across both economies. [00:02:40] So this relationship is embodied in each [00:02:43] and every one of you here today. We have [00:02:47] if you like the great and the good of [00:02:48] British and American business sitting [00:02:51] with us. Um leading lights in tech like [00:02:54] Jensen Ruth Deaths and Satia finance [00:02:59] Jane Larry and Steve and of course in [00:03:02] farmer in defense energy and [00:03:04] manufacturing. It is really great to see [00:03:06] you all to see you all again I should [00:03:09] say because of course we were together [00:03:10] yesterday uh and we know each other very [00:03:12] very well which is exactly um as it [00:03:15] should be and just look at what we're [00:03:18] achieving today together the deals and [00:03:21] investment that you're announcing today [00:03:25] break all records [00:03:27] what a day 250 billion pounds flowing [00:03:31] both ways across the Atlantic is the [00:03:35] biggest investment package of its kind [00:03:37] in British history by a country mile. [00:03:41] So, thank you so much for your [00:03:44] contribution on your part in that as the [00:03:47] embodiment of that special relationship. [00:03:50] And let me spell out what that means. It [00:03:52] means lifechanging investments across [00:03:55] the United Kingdom. It's expected to [00:03:57] create 15,000 jobs in Belfast, in [00:04:01] Birmingham, Hartley, the Humber, and [00:04:04] well beyond. [00:04:05] It means thousands of working people [00:04:08] will feel and will be better off. And it [00:04:11] shows the potency of this partnership. [00:04:14] US capital and entrepreneurial spirit [00:04:18] combined with British ideas and [00:04:20] ingenuity. [00:04:22] The UK is one of the world's largest [00:04:25] economies. Maybe not quite on the scale [00:04:28] of the United States, I concede, but my [00:04:31] word, we punch above our weight. And we [00:04:34] lead the world in expertise on quantum, [00:04:37] on AI, life sciences, financial [00:04:40] services, and more. We have the only [00:04:43] trillion dollar tech sector in the West [00:04:46] outside of the US. Again, a caveat. We [00:04:49] have the best investment, the best [00:04:52] universities, the most Nobel prizes and [00:04:55] we have Dennis here outside the US. [00:04:59] That's what we bring to the table and we [00:05:02] are proud of it. That's why we both [00:05:05] benefit from this incredible [00:05:07] relationship. [00:05:09] Look at the economic prosperity deal [00:05:11] that we struck back in May. It was the [00:05:14] first trade deal that the president [00:05:17] made. And yes, it was the best deal as [00:05:20] well. We have the lowest tariffs in the [00:05:23] world in vital sectors. And that is some [00:05:26] achievement. It was a tough negotiation, [00:05:31] but we did it for a reason. [00:05:34] Because it's a win for both sides and [00:05:37] because we knew that by working [00:05:39] together, we could deliver more for [00:05:41] working people. We could help the [00:05:44] businesses here today to thrive and help [00:05:47] you create good, well-paid jobs in [00:05:50] communities up and down our country. [00:05:53] And ultimately, that is the test of the [00:05:55] special relationship. [00:05:58] How much it delivers for honest, [00:06:00] hardworking people to make them safer [00:06:03] and better off. [00:06:05] We've already taken a big steps forward [00:06:08] and we're going further today, much [00:06:11] further. In a moment, the president and [00:06:14] I will sign our groundbreaking new [00:06:18] technology partnership, [00:06:20] the tech prosperity deal. [00:06:23] It's a blueprint to win this new era [00:06:27] together, shape it according to our [00:06:30] shared values, and seize the incredible [00:06:32] opportunities that are on offer. [00:06:36] I want to thank all of you for [00:06:38] supporting this vision. We have huge new [00:06:42] investments [00:06:43] from Nvidia, NScale, OpenAI, Google, [00:06:47] Salesforce and many more backing [00:06:51] cuttingedge British jobs for years to [00:06:54] come. [00:06:56] And of course, tech needs energy. [00:07:00] So to fuel this revolution, we have [00:07:02] struck a new deal on civil nuclear [00:07:05] power. We discussed this, Mr. President, [00:07:07] last time we were together, and the [00:07:08] opportunities we had, generating energy [00:07:11] for millions of homes and businesses, [00:07:14] driving down bills on both sides of the [00:07:16] Atlantic, and driving up energy [00:07:19] security. So I want to thank everybody [00:07:21] here for supporting this too with [00:07:24] brilliant job creating investments from [00:07:27] Amentum and others including building up [00:07:30] to 12 advanced nuclear reactors in the [00:07:33] northeast. [00:07:35] So this is a great day for the special [00:07:37] relationship, a celebration of what has [00:07:39] gone before, of course, but more than [00:07:43] that, a moment to deliver investments, [00:07:46] jobs, and deals which will improve [00:07:48] people's lives now and light up the [00:07:51] special relationship for years to come. [00:07:55] So, thank you all. And now it is my [00:07:59] pleasure to hand the floor to my friend, [00:08:02] our friend, President Trump. [00:08:05] >> Thank you very much. Great job. [00:08:16] >> Well, this is a very distinguished [00:08:18] group. I can tell you that's what I do [00:08:21] for a living. Uh it was before politics [00:08:24] I would have to deal with you and you [00:08:26] are the best. You're the best in the [00:08:28] world and you're here and it's an honor [00:08:30] to have all of these great leaders. [00:08:32] Really an honor. But I'm sincerely [00:08:34] grateful to [00:08:36] >> Prime Minister Starmer and Lady Starmer [00:08:38] for welcoming us to this very special [00:08:40] home, this beautiful place. [00:08:43] And uh I was here a number of years ago, [00:08:46] but somehow today it looks even better, [00:08:48] even more beautiful and even more [00:08:51] historic. [00:08:52] Melania and I are forever thankful to [00:08:54] his majesty King Charles III and her [00:08:58] majesty Queen Camila had a fantastic [00:09:01] evening last night. But the exquisite [00:09:04] honor of a second official state visit, [00:09:06] the first ever, it's the first time it's [00:09:09] ever been done was, you know, really was [00:09:11] an honor. such great history and to [00:09:13] think it's a first. It's always nice to [00:09:15] have a first, but the ties between our [00:09:18] countries are priceless and it's really [00:09:20] an inheritance. It's very beautiful [00:09:23] inheritance. Today, we're making those [00:09:25] ties closer than ever before. We've done [00:09:28] some things that financially are great [00:09:31] for both countries and we work together [00:09:33] and it keeps us together and I think [00:09:35] it's an unbreakable bond we have [00:09:37] regardless of what we're doing today. I [00:09:39] think it's unbreakable. But this is very [00:09:42] big and I want to thank all of the [00:09:43] incredibly talented business leaders, [00:09:45] the best in the world, biggest in the [00:09:47] world here this afternoon for investing [00:09:50] in the Anglo-American Alliance and you [00:09:53] personify an important part of the [00:09:55] unique national bond and really a world [00:09:57] bond. What you've done is incredible. [00:10:00] Our two countries do a great deal of [00:10:02] business together. $340 billion last [00:10:04] year was the number. In May, the United [00:10:08] Kingdom became the first country to make [00:10:10] a trade deal with the United States [00:10:12] during my second term. And we sort of [00:10:14] wanted to make it the first because the [00:10:16] the bond is so strong and the [00:10:19] relationship so long. That agreement [00:10:21] will create billions of dollars in [00:10:23] opportunities for American farmers to [00:10:25] sell their products into the UK, reduce [00:10:28] barriers to trade, and give the US [00:10:30] manufacturers better access to the UK's [00:10:32] worldclass aerospace supply chain, which [00:10:35] is really really is world class. A lot [00:10:37] of people don't understand it, the [00:10:39] importance of that particular uh asset [00:10:42] that you have. It's a beautiful it's a [00:10:44] beautiful job you've done. There's no [00:10:46] more natural partnership in the world. [00:10:48] Together, we're building up the [00:10:50] industrial capacity of both of our [00:10:52] countries, which is crucial to our [00:10:54] defense, and we work so well together in [00:10:57] defense. I met so many of the leaders of [00:10:59] your defending group, and uh many of [00:11:02] them I've known by name, but now I know [00:11:05] them pretty well. We had some very good [00:11:07] meetings today and yesterday. So, we're [00:11:10] taking the next logical step with a [00:11:13] historic agreement on science and [00:11:15] technology partnerships. And this will [00:11:17] create new government, academic, and [00:11:19] private sector cooperation in areas such [00:11:22] as AI, which is taking over the world. [00:11:25] That's I mean, I'm looking at you guys. [00:11:27] You're taking over the world, Jensen. I [00:11:30] don't know what you're doing here. I I [00:11:33] hope you're right. Child, all I can say [00:11:34] is we both hope you're right. But uh [00:11:38] it's pretty amazing quantum computing [00:11:41] fusion [00:11:43] 6G and civil nuclear energy and align [00:11:46] our nations through the approach of [00:11:49] center deregulation and innovation. And [00:11:51] we're going to have a lot of [00:11:52] deregulation and a tremendous amount of [00:11:55] innovation. It's just happening. But [00:11:57] this new accord is already helping spur [00:12:00] a massive wave of private sector deals [00:12:02] worth over $350 billion alone. headlined [00:12:06] by a 136 billion from Blackstone. That's [00:12:10] very nice, Steve. Thank you. That's why [00:12:12] you have that location. I think [00:12:15] it's considered the best seat of the [00:12:17] year. Yours is pretty good, too, Jensen. [00:12:19] That's good. That's great, Steve. It's [00:12:21] you know what you're doing better than [00:12:23] anybody. American company X Energy and [00:12:27] British company Cent Centrica has been [00:12:31] announcing and really for a long while [00:12:34] they've been talking about this deal. [00:12:36] The deployment of modular nuclear [00:12:38] reactors across the UK. All across the [00:12:40] UK they've been it's been in the wind [00:12:43] for a couple of years and now we're [00:12:45] getting it done. generating more than [00:12:47] $50 billion in economic value, creating [00:12:50] up to 2,500 jobs and powering 1.5 [00:12:54] million homes. That's a lot of homes. [00:12:56] Seven decades after British genius Allan [00:13:00] Turing pioneered the field, this [00:13:02] agreement will also help America and our [00:13:04] British allies dominate the future of [00:13:06] artificial intelligence. You need the [00:13:09] energy. You have to have the energy. [00:13:10] That's one thing I learned very quickly. [00:13:12] They need a lot of electricity. in the [00:13:15] United States, you need double what we [00:13:16] have right now just to [00:13:19] maintain that fight. We're right now and [00:13:21] I want to say leading [00:13:24] China and the world by a lot in AI, a [00:13:27] lot. And we're creating tremendous [00:13:29] amounts of energy and letting you create [00:13:32] your own electricity in many, many [00:13:34] cases. And we're giving you very rapid [00:13:36] approvals. We're getting them approvals [00:13:38] like they've never seen before. They [00:13:39] used to wait 15 and 20 years to be [00:13:42] rejected. [00:13:44] Now they wait two weeks or three weeks [00:13:45] to be accepted. That's a pretty big [00:13:47] That's a pretty big difference. And at [00:13:50] the same time, we always have the [00:13:52] environment in mind, but we we move them [00:13:54] along. But we're committed to ensuring [00:13:57] that you have secure and reliable [00:13:59] sources of American AI and quantum [00:14:02] technology. We intend to always be the [00:14:04] UK's strongest, closest, and most [00:14:06] trusted business partner. Very important [00:14:08] to us. The relationship is very [00:14:11] important. One year ago, our country was [00:14:13] in serious trouble. [00:14:16] The king of Saudi Arabia, great [00:14:17] gentleman, great gentleman, you all know [00:14:19] him. He said, "Sir, your country was [00:14:22] dead one year ago, and now you have the [00:14:23] hottest country anywhere in the world." [00:14:25] And it's true. That we'll have more than [00:14:29] 17 trillion dollars invested in our [00:14:31] country this year. 17 trillion, [00:14:34] which is many, many times what we had [00:14:37] last year. And we're only in our just [00:14:40] about almost ninth month. Getting just [00:14:43] it's moving along quickly. It's amazing. [00:14:45] I was saying we're in our third month, [00:14:47] our fourth month, our fifth month, but [00:14:49] we're at uh it's going to be over 17 [00:14:52] trillion dollars. No, no country's ever [00:14:54] had anything like that even close. GDP [00:14:58] last quarter was 3.3%. [00:15:00] Despite all of the things we're doing, [00:15:03] uh one of the things we're doing, which [00:15:05] I'm very proud of, is the border. We now [00:15:07] have a totally closed border, totally [00:15:09] secure for 3 months. Zero people came [00:15:11] into our country, bad people. And they [00:15:14] come in, but they have to come in [00:15:15] legally. We have a great process going. [00:15:18] And inflation is virtually uh [00:15:20] non-existent. [00:15:22] As you know, we we're taking in [00:15:25] trillions of dollars from tariffs and [00:15:28] they've been so incredible for our [00:15:31] country. So incredible. We're keeping [00:15:32] our companies happy. We're keeping them [00:15:36] solid and sane and uh they're very very [00:15:40] thrilled at what's happened. They can't [00:15:42] even actually they can't even believe [00:15:43] it. And we've never seen investment like [00:15:45] this. Without the tariffs, we would have [00:15:48] just a fraction of that. And we're [00:15:50] really the only one that can do tariffs. [00:15:52] Nobody else is able to do them. With us, [00:15:55] it works because people have to be [00:15:57] there. But we've slashed 30-year-old [00:16:00] regulations. And as you know, in my [00:16:02] first term, we had a very successful [00:16:03] first term. We had the greatest economy [00:16:05] in the history of our country and we had [00:16:07] uh the biggest regulation cut in the [00:16:10] history of our country and now we're [00:16:11] doing it again. We're slashing them at a [00:16:13] level that is even beyond what we did in [00:16:16] the first term. First term we did more [00:16:18] regulation cutting by four times any [00:16:22] other at any other time that any other [00:16:25] country has done or that we've done. And [00:16:28] uh we think we're going to exceed that [00:16:31] this time. And we'll have regulation, [00:16:33] but it'll be sane regulation. It'll be [00:16:35] regulation that allows you to compete [00:16:37] and do your thing or regulations that [00:16:39] you're able to get around and do things [00:16:42] and you no longer have that regulation. [00:16:45] But we slashed regulations at a level [00:16:47] that's never been done before. And we're [00:16:49] doing it at the same level right now. I [00:16:52] recently signed the largest tax cuts in [00:16:54] our country's history. And the bill [00:16:56] includes a 100% expensing for [00:16:59] investments in equipment and factories. [00:17:01] Uh nobody's ever seen anything like [00:17:04] that. And it lasts for a 10-year period. [00:17:06] So it's going to be there for a while. [00:17:07] But the countries and and companies are [00:17:10] coming into our country for the [00:17:12] expensing uh aspect of the bill. It was [00:17:15] in the I call it the big beautiful bill. [00:17:17] The great big beautiful bill. We got so [00:17:20] much the largest bill ever passed in the [00:17:22] history of our country. in fact so big [00:17:23] that we really don't have to pass too [00:17:25] much anymore. we can just do this for [00:17:27] four years implement you know I like to [00:17:30] implement because the bills are [00:17:31] wonderful but you have to implement but [00:17:33] the expensing is going to be the reason [00:17:35] I think that bigger than anything else [00:17:37] when you have one year expensing you can [00:17:39] write everything off in the first year [00:17:41] including structure so you didn't even [00:17:44] have that in the first bill I think it [00:17:46] was the biggest factor in the first bill [00:17:48] why it led to such growth and this is [00:17:50] actually a better form of expensing uh [00:17:53] and it's actually more significant So [00:17:56] today, America is strong. Our economy [00:17:58] is, I think, potentially the strongest [00:18:01] it's ever been. We'll see very soon [00:18:03] those big places that are being built [00:18:05] all over the country. Car companies are [00:18:07] moving in. AI is moving in. Everybody's [00:18:10] coming in. They all want to be here. The [00:18:11] drug companies are coming back. Uh they [00:18:14] all want to be there. They sort of have [00:18:16] to be there, but they want to be there. [00:18:18] But with this agreement, our cherished [00:18:20] friendship with the United Kingdom is [00:18:22] getting stronger and stronger. And [00:18:24] again, I want to thank the prime [00:18:25] minister. He worked very hard on this [00:18:27] and getting this deal done. This is long [00:18:29] in the making. They've been talking [00:18:31] about it for a long time and we got it [00:18:32] done. And it's a real honor to be with [00:18:34] you and uh thank you very much. [00:18:38] >> Thank you. [00:18:50] Should [00:18:56] I sign this? [00:19:01] >> Should I sign this? [00:19:02] >> Are you sure, Scott? [00:19:04] >> If the deal's no good, I'm blaming you, [00:19:06] Scott. [00:19:09] >> It's a great honor. [00:19:20] And it's [00:19:35] okay. Hold that. Hold that up. [00:19:48] Second, [00:19:52] >> Mr. President, Mr. Prime Minister, we're [00:19:53] now going to take some contributions [00:19:55] from our distinguished guests from the [00:19:56] business community, starting with Siris [00:19:58] Asabis, uh, the co-founder and CEO of [00:20:01] Deep Mind. [00:20:02] >> Thanks, Ren. It's a huge pleasure and [00:20:04] honor to be here today and thank you, [00:20:06] Mr. President and Prime Minister, for [00:20:08] your fantastic leadership on the US UK [00:20:11] tech prosperity deal. This partnership [00:20:13] builds on a rich heritage of scientific [00:20:16] collaboration between our two great [00:20:17] nations, pushing forwards the frontiers [00:20:20] of human knowledge and technical [00:20:21] innovation. The fruits of that [00:20:23] historical partnership from inventing [00:20:25] the [00:20:28] forwards the frontiers of human [00:20:30] knowledge and technical innovation. The [00:20:32] fruits of that historical partnership [00:20:34] from inventing the worldwide web to [00:20:36] mapping the human genome have gone on to [00:20:38] benefit all of humanity. In many ways, [00:20:41] Google Deep Mind, the frontier AI lab [00:20:43] that I lead, is the modern embodiment of [00:20:46] this wonderful transatlantic spirit of [00:20:48] cooperation with our two major research [00:20:50] offices in London and California now [00:20:53] comprising the engine room of Google and [00:20:55] powering all of its
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[00:00:00] [Applause] [00:00:16] Thank you very much and uh very nice to [00:00:18] see you all. And Mr. President, let me [00:00:21] welcome you again for this unprecedented [00:00:24] second state visit. Um, and it's a great [00:00:27] pleasure for me personally uh to welcome [00:00:30] you to my home from home here at [00:00:33] Checkers. And thank you very much for [00:00:35] taking the time to uh say hello to the [00:00:37] staff who are absolutely they've done a [00:00:39] brilliant job. Um, and uh they've been [00:00:42] preparing for weeks. Um, and it's really [00:00:45] so good uh to have you here. So, thank [00:00:47] you so much. Uh, you are among friends. [00:00:50] Um, and I think we all agree uh there's [00:00:53] so much to celebrate in the special [00:00:55] relationship between our two countries. [00:00:58] Uh, by standing together in war and in [00:01:02] peace, this bond is the very foundation [00:01:05] of our security, our freedom, and our [00:01:08] prosperity. [00:01:10] But what is the relationship all about [00:01:13] when it comes down to brass tax? It [00:01:17] comes down to leaders, of course. [00:01:19] leaders who respect each other, leaders [00:01:23] who genuinely like each other. Um, and [00:01:27] it comes down to our unique relationship [00:01:29] on defense, the closest the world has [00:01:32] ever seen. It comes down to the [00:01:35] connections between our people, ties of [00:01:39] family and friendship. The president [00:01:42] himself is a shining example of that. [00:01:45] But it also comes down to business. to [00:01:48] all of you here and thank you so much [00:01:50] for coming here um this afternoon. It's [00:01:52] fantastic to have you um with us as the [00:01:56] best evidence of that people-to-people [00:01:59] businessto business relationship that [00:02:01] thrives uh in the special relationship. [00:02:05] In so many ways, this story is a story [00:02:07] about enterprise. The US is our single [00:02:11] biggest largest trading partner. [00:02:14] Companies like BP, GSK, Rolls-Royce, and [00:02:19] Astroenica employ thousands of people in [00:02:22] the United States. American companies [00:02:25] like Microsoft, Cityroup, Boeing, [00:02:28] Amazon, and Blackstone do the same here. [00:02:33] Together, we support over 2.5 million [00:02:37] jobs across both economies. [00:02:40] So this relationship is embodied in each [00:02:43] and every one of you here today. We have [00:02:47] if you like the great and the good of [00:02:48] British and American business sitting [00:02:51] with us. Um leading lights in tech like [00:02:54] Jensen Ruth Deaths and Satia finance [00:02:59] Jane Larry and Steve and of course in [00:03:02] farmer in defense energy and [00:03:04] manufacturing. It is really great to see [00:03:06] you all to see you all again I should [00:03:09] say because of course we were together [00:03:10] yesterday uh and we know each other very [00:03:12] very well which is exactly um as it [00:03:15] should be and just look at what we're [00:03:18] achieving today together the deals and [00:03:21] investment that you're announcing today [00:03:25] break all records [00:03:27] what a day 250 billion pounds flowing [00:03:31] both ways across the Atlantic is the [00:03:35] biggest investment package of its kind [00:03:37] in British history by a country mile. [00:03:41] So, thank you so much for your [00:03:44] contribution on your part in that as the [00:03:47] embodiment of that special relationship. [00:03:50] And let me spell out what that means. It [00:03:52] means lifechanging investments across [00:03:55] the United Kingdom. It's expected to [00:03:57] create 15,000 jobs in Belfast, in [00:04:01] Birmingham, Hartley, the Humber, and [00:04:04] well beyond. [00:04:05] It means thousands of working people [00:04:08] will feel and will be better off. And it [00:04:11] shows the potency of this partnership. [00:04:14] US capital and entrepreneurial spirit [00:04:18] combined with British ideas and [00:04:20] ingenuity. [00:04:22] The UK is one of the world's largest [00:04:25] economies. Maybe not quite on the scale [00:04:28] of the United States, I concede, but my [00:04:31] word, we punch above our weight. And we [00:04:34] lead the world in expertise on quantum, [00:04:37] on AI, life sciences, financial [00:04:40] services, and more. We have the only [00:04:43] trillion dollar tech sector in the West [00:04:46] outside of the US. Again, a caveat. We [00:04:49] have the best investment, the best [00:04:52] universities, the most Nobel prizes and [00:04:55] we have Dennis here outside the US. [00:04:59] That's what we bring to the table and we [00:05:02] are proud of it. That's why we both [00:05:05] benefit from this incredible [00:05:07] relationship. [00:05:09] Look at the economic prosperity deal [00:05:11] that we struck back in May. It was the [00:05:14] first trade deal that the president [00:05:17] made. And yes, it was the best deal as [00:05:20] well. We have the lowest tariffs in the [00:05:23] world in vital sectors. And that is some [00:05:26] achievement. It was a tough negotiation, [00:05:31] but we did it for a reason. [00:05:34] Because it's a win for both sides and [00:05:37] because we knew that by working [00:05:39] together, we could deliver more for [00:05:41] working people. We could help the [00:05:44] businesses here today to thrive and help [00:05:47] you create good, well-paid jobs in [00:05:50] communities up and down our country. [00:05:53] And ultimately, that is the test of the [00:05:55] special relationship. [00:05:58] How much it delivers for honest, [00:06:00] hardworking people to make them safer [00:06:03] and better off. [00:06:05] We've already taken a big steps forward [00:06:08] and we're going further today, much [00:06:11] further. In a moment, the president and [00:06:14] I will sign our groundbreaking new [00:06:18] technology partnership, [00:06:20] the tech prosperity deal. [00:06:23] It's a blueprint to win this new era [00:06:27] together, shape it according to our [00:06:30] shared values, and seize the incredible [00:06:32] opportunities that are on offer. [00:06:36] I want to thank all of you for [00:06:38] supporting this vision. We have huge new [00:06:42] investments [00:06:43] from Nvidia, NScale, OpenAI, Google, [00:06:47] Salesforce and many more backing [00:06:51] cuttingedge British jobs for years to [00:06:54] come. [00:06:56] And of course, tech needs energy. [00:07:00] So to fuel this revolution, we have [00:07:02] struck a new deal on civil nuclear [00:07:05] power. We discussed this, Mr. President, [00:07:07] last time we were together, and the [00:07:08] opportunities we had, generating energy [00:07:11] for millions of homes and businesses, [00:07:14] driving down bills on both sides of the [00:07:16] Atlantic, and driving up energy [00:07:19] security. So I want to thank everybody [00:07:21] here for supporting this too with [00:07:24] brilliant job creating investments from [00:07:27] Amentum and others including building up [00:07:30] to 12 advanced nuclear reactors in the [00:07:33] northeast. [00:07:35] So this is a great day for the special [00:07:37] relationship, a celebration of what has [00:07:39] gone before, of course, but more than [00:07:43] that, a moment to deliver investments, [00:07:46] jobs, and deals which will improve [00:07:48] people's lives now and light up the [00:07:51] special relationship for years to come. [00:07:55] So, thank you all. And now it is my [00:07:59] pleasure to hand the floor to my friend, [00:08:02] our friend, President Trump. [00:08:05] >> Thank you very much. Great job. [00:08:16] >> Well, this is a very distinguished [00:08:18] group. I can tell you that's what I do [00:08:21] for a living. Uh it was before politics [00:08:24] I would have to deal with you and you [00:08:26] are the best. You're the best in the [00:08:28] world and you're here and it's an honor [00:08:30] to have all of these great leaders. [00:08:32] Really an honor. But I'm sincerely [00:08:34] grateful to [00:08:36] >> Prime Minister Starmer and Lady Starmer [00:08:38] for welcoming us to this very special [00:08:40] home, this beautiful place. [00:08:43] And uh I was here a number of years ago, [00:08:46] but somehow today it looks even better, [00:08:48] even more beautiful and even more [00:08:51] historic. [00:08:52] Melania and I are forever thankful to [00:08:54] his majesty King Charles III and her [00:08:58] majesty Queen Camila had a fantastic [00:09:01] evening last night. But the exquisite [00:09:04] honor of a second official state visit, [00:09:06] the first ever, it's the first time it's [00:09:09] ever been done was, you know, really was [00:09:11] an honor. such great history and to [00:09:13] think it's a first. It's always nice to [00:09:15] have a first, but the ties between our [00:09:18] countries are priceless and it's really [00:09:20] an inheritance. It's very beautiful [00:09:23] inheritance. Today, we're making those [00:09:25] ties closer than ever before. We've done [00:09:28] some things that financially are great [00:09:31] for both countries and we work together [00:09:33] and it keeps us together and I think [00:09:35] it's an unbreakable bond we have [00:09:37] regardless of what we're doing today. I [00:09:39] think it's unbreakable. But this is very [00:09:42] big and I want to thank all of the [00:09:43] incredibly talented business leaders, [00:09:45] the best in the world, biggest in the [00:09:47] world here this afternoon for investing [00:09:50] in the Anglo-American Alliance and you [00:09:53] personify an important part of the [00:09:55] unique national bond and really a world [00:09:57] bond. What you've done is incredible. [00:10:00] Our two countries do a great deal of [00:10:02] business together. $340 billion last [00:10:04] year was the number. In May, the United [00:10:08] Kingdom became the first country to make [00:10:10] a trade deal with the United States [00:10:12] during my second term. And we sort of [00:10:14] wanted to make it the first because the [00:10:16] the bond is so strong and the [00:10:19] relationship so long. That agreement [00:10:21] will create billions of dollars in [00:10:23] opportunities for American farmers to [00:10:25] sell their products into the UK, reduce [00:10:28] barriers to trade, and give the US [00:10:30] manufacturers better access to the UK's [00:10:32] worldclass aerospace supply chain, which [00:10:35] is really really is world class. A lot [00:10:37] of people don't understand it, the [00:10:39] importance of that particular uh asset [00:10:42] that you have. It's a beautiful it's a [00:10:44] beautiful job you've done. There's no [00:10:46] more natural partnership in the world. [00:10:48] Together, we're building up the [00:10:50] industrial capacity of both of our [00:10:52] countries, which is crucial to our [00:10:54] defense, and we work so well together in [00:10:57] defense. I met so many of the leaders of [00:10:59] your defending group, and uh many of [00:11:02] them I've known by name, but now I know [00:11:05] them pretty well. We had some very good [00:11:07] meetings today and yesterday. So, we're [00:11:10] taking the next logical step with a [00:11:13] historic agreement on science and [00:11:15] technology partnerships. And this will [00:11:17] create new government, academic, and [00:11:19] private sector cooperation in areas such [00:11:22] as AI, which is taking over the world. [00:11:25] That's I mean, I'm looking at you guys. [00:11:27] You're taking over the world, Jensen. I [00:11:30] don't know what you're doing here. I I [00:11:33] hope you're right. Child, all I can say [00:11:34] is we both hope you're right. But uh [00:11:38] it's pretty amazing quantum computing [00:11:41] fusion [00:11:43] 6G and civil nuclear energy and align [00:11:46] our nations through the approach of [00:11:49] center deregulation and innovation. And [00:11:51] we're going to have a lot of [00:11:52] deregulation and a tremendous amount of [00:11:55] innovation. It's just happening. But [00:11:57] this new accord is already helping spur [00:12:00] a massive wave of private sector deals [00:12:02] worth over $350 billion alone. headlined [00:12:06] by a 136 billion from Blackstone. That's [00:12:10] very nice, Steve. Thank you. That's why [00:12:12] you have that location. I think [00:12:15] it's considered the best seat of the [00:12:17] year. Yours is pretty good, too, Jensen. [00:12:19] That's good. That's great, Steve. It's [00:12:21] you know what you're doing better than [00:12:23] anybody. American company X Energy and [00:12:27] British company Cent Centrica has been [00:12:31] announcing and really for a long while [00:12:34] they've been talking about this deal. [00:12:36] The deployment of modular nuclear [00:12:38] reactors across the UK. All across the [00:12:40] UK they've been it's been in the wind [00:12:43] for a couple of years and now we're [00:12:45] getting it done. generating more than [00:12:47] $50 billion in economic value, creating [00:12:50] up to 2,500 jobs and powering 1.5 [00:12:54] million homes. That's a lot of homes. [00:12:56] Seven decades after British genius Allan [00:13:00] Turing pioneered the field, this [00:13:02] agreement will also help America and our [00:13:04] British allies dominate the future of [00:13:06] artificial intelligence. You need the [00:13:09] energy. You have to have the energy. [00:13:10] That's one thing I learned very quickly. [00:13:12] They need a lot of electricity. in the [00:13:15] United States, you need double what we [00:13:16] have right now just to [00:13:19] maintain that fight. We're right now and [00:13:21] I want to say leading [00:13:24] China and the world by a lot in AI, a [00:13:27] lot. And we're creating tremendous [00:13:29] amounts of energy and letting you create [00:13:32] your own electricity in many, many [00:13:34] cases. And we're giving you very rapid [00:13:36] approvals. We're getting them approvals [00:13:38] like they've never seen before. They [00:13:39] used to wait 15 and 20 years to be [00:13:42] rejected. [00:13:44] Now they wait two weeks or three weeks [00:13:45] to be accepted. That's a pretty big [00:13:47] That's a pretty big difference. And at [00:13:50] the same time, we always have the [00:13:52] environment in mind, but we we move them [00:13:54] along. But we're committed to ensuring [00:13:57] that you have secure and reliable [00:13:59] sources of American AI and quantum [00:14:02] technology. We intend to always be the [00:14:04] UK's strongest, closest, and most [00:14:06] trusted business partner. Very important [00:14:08] to us. The relationship is very [00:14:11] important. One year ago, our country was [00:14:13] in serious trouble. [00:14:16] The king of Saudi Arabia, great [00:14:17] gentleman, great gentleman, you all know [00:14:19] him. He said, "Sir, your country was [00:14:22] dead one year ago, and now you have the [00:14:23] hottest country anywhere in the world." [00:14:25] And it's true. That we'll have more than [00:14:29] 17 trillion dollars invested in our [00:14:31] country this year. 17 trillion, [00:14:34] which is many, many times what we had [00:14:37] last year. And we're only in our just [00:14:40] about almost ninth month. Getting just [00:14:43] it's moving along quickly. It's amazing. [00:14:45] I was saying we're in our third month, [00:14:47] our fourth month, our fifth month, but [00:14:49] we're at uh it's going to be over 17 [00:14:52] trillion dollars. No, no country's ever [00:14:54] had anything like that even close. GDP [00:14:58] last quarter was 3.3%. [00:15:00] Despite all of the things we're doing, [00:15:03] uh one of the things we're doing, which [00:15:05] I'm very proud of, is the border. We now [00:15:07] have a totally closed border, totally [00:15:09] secure for 3 months. Zero people came [00:15:11] into our country, bad people. And they [00:15:14] come in, but they have to come in [00:15:15] legally. We have a great process going. [00:15:18] And inflation is virtually uh [00:15:20] non-existent. [00:15:22] As you know, we we're taking in [00:15:25] trillions of dollars from tariffs and [00:15:28] they've been so incredible for our [00:15:31] country. So incredible. We're keeping [00:15:32] our companies happy. We're keeping them [00:15:36] solid and sane and uh they're very very [00:15:40] thrilled at what's happened. They can't [00:15:42] even actually they can't even believe [00:15:43] it. And we've never seen investment like [00:15:45] this. Without the tariffs, we would have [00:15:48] just a fraction of that. And we're [00:15:50] really the only one that can do tariffs. [00:15:52] Nobody else is able to do them. With us, [00:15:55] it works because people have to be [00:15:57] there. But we've slashed 30-year-old [00:16:00] regulations. And as you know, in my [00:16:02] first term, we had a very successful [00:16:03] first term. We had the greatest economy [00:16:05] in the history of our country and we had [00:16:07] uh the biggest regulation cut in the [00:16:10] history of our country and now we're [00:16:11] doing it again. We're slashing them at a [00:16:13] level that is even beyond what we did in [00:16:16] the first term. First term we did more [00:16:18] regulation cutting by four times any [00:16:22] other at any other time that any other [00:16:25] country has done or that we've done. And [00:16:28] uh we think we're going to exceed that [00:16:31] this time. And we'll have regulation, [00:16:33] but it'll be sane regulation. It'll be [00:16:35] regulation that allows you to compete [00:16:37] and do your thing or regulations that [00:16:39] you're able to get around and do things [00:16:42] and you no longer have that regulation. [00:16:45] But we slashed regulations at a level [00:16:47] that's never been done before. And we're [00:16:49] doing it at the same level right now. I [00:16:52] recently signed the largest tax cuts in [00:16:54] our country's history. And the bill [00:16:56] includes a 100% expensing for [00:16:59] investments in equipment and factories. [00:17:01] Uh nobody's ever seen anything like [00:17:04] that. And it lasts for a 10-year period. [00:17:06] So it's going to be there for a while. [00:17:07] But the countries and and companies are [00:17:10] coming into our country for the [00:17:12] expensing uh aspect of the bill. It was [00:17:15] in the I call it the big beautiful bill. [00:17:17] The great big beautiful bill. We got so [00:17:20] much the largest bill ever passed in the [00:17:22] history of our country. in fact so big [00:17:23] that we really don't have to pass too [00:17:25] much anymore. we can just do this for [00:17:27] four years implement you know I like to [00:17:30] implement because the bills are [00:17:31] wonderful but you have to implement but [00:17:33] the expensing is going to be the reason [00:17:35] I think that bigger than anything else [00:17:37] when you have one year expensing you can [00:17:39] write everything off in the first year [00:17:41] including structure so you didn't even [00:17:44] have that in the first bill I think it [00:17:46] was the biggest factor in the first bill [00:17:48] why it led to such growth and this is [00:17:50] actually a better form of expensing uh [00:17:53] and it's actually more significant So [00:17:56] today, America is strong. Our economy [00:17:58] is, I think, potentially the strongest [00:18:01] it's ever been. We'll see very soon [00:18:03] those big places that are being built [00:18:05] all over the country. Car companies are [00:18:07] moving in. AI is moving in. Everybody's [00:18:10] coming in. They all want to be here. The [00:18:11] drug companies are coming back. Uh they [00:18:14] all want to be there. They sort of have [00:18:16] to be there, but they want to be there. [00:18:18] But with this agreement, our cherished [00:18:20] friendship with the United Kingdom is [00:18:22] getting stronger and stronger. And [00:18:24] again, I want to thank the prime [00:18:25] minister. He worked very hard on this [00:18:27] and getting this deal done. This is long [00:18:29] in the making. They've been talking [00:18:31] about it for a long time and we got it [00:18:32] done. And it's a real honor to be with [00:18:34] you and uh thank you very much. [00:18:38] >> Thank you. [00:18:50] Should [00:18:56] I sign this? [00:19:01] >> Should I sign this? [00:19:02] >> Are you sure, Scott? [00:19:04] >> If the deal's no good, I'm blaming you, [00:19:06] Scott. [00:19:09] >> It's a great honor. [00:19:20] And it's [00:19:35] okay. Hold that. Hold that up. [00:19:48] Second, [00:19:52] >> Mr. President, Mr. Prime Minister, we're [00:19:53] now going to take some contributions [00:19:55] from our distinguished guests from the [00:19:56] business community, starting with Siris [00:19:58] Asabis, uh, the co-founder and CEO of [00:20:01] Deep Mind. [00:20:02] >> Thanks, Ren. It's a huge pleasure and [00:20:04] honor to be here today and thank you, [00:20:06] Mr. President and Prime Minister, for [00:20:08] your fantastic leadership on the US UK [00:20:11] tech prosperity deal. This partnership [00:20:13] builds on a rich heritage of scientific [00:20:16] collaboration between our two great [00:20:17] nations, pushing forwards the frontiers [00:20:20] of human knowledge and technical [00:20:21] innovation. The fruits of that [00:20:23] historical partnership from inventing [00:20:25] the [00:20:28] forwards the frontiers of human [00:20:30] knowledge and technical innovation. The [00:20:32] fruits of that historical partnership [00:20:34] from inventing the worldwide web to [00:20:36] mapping the human genome have gone on to [00:20:38] benefit all of humanity. In many ways, [00:20:41] Google Deep Mind, the frontier AI lab [00:20:43] that I lead, is the modern embodiment of [00:20:46] this wonderful transatlantic spirit of [00:20:48] cooperation with our two major research [00:20:50] offices in London and California now [00:20:53] comprising the engine room of Google and [00:20:55] powering all of its
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