G7 Canada: The Kananaskis Summit 2025

// LEADERS' VIEWS

DONALD TRUMP, PRESIDENT, UNITED STATES

Power, prosperity and protection T he American dream is unstoppable, and our country is on the verge of a comeback, the likes of which the world has never witnessed and perhaps will never witness again …

of dollars and create jobs like we have never seen before … Much has been said over the last three months about Mexico and Canada, but we have very large deficits with both of them … They are, in effect, receiving subsidies of hundreds of billions of dollars. We pay subsidies to Canada and to Mexico of hundreds of billions of dollars. And the United States will not be doing that any longer … And I have also imposed a 25 percent tariff on foreign aluminum, copper, lumber, and steel, because if we don’t have, as an example, steel and lots of other things, we don’t have a military and, frankly, we just won’t have a country very long … But if we truly care about protecting America’s children, no step is more crucial than securing America’s borders. Over the past four years, 21 million people poured into the United States. Many of them were murderers, human traffickers, gang members, and other criminals from the streets of dangerous cities all throughout the world ... Every last one will be rounded up and forcibly removed from our country, or, if they’re too dangerous, put in jails, standing trial in this country, because we don’t want them to come back ever ... As commander in chief, my focus is on building the most powerful military of the future. As a first step, I’m asking Congress to fund a state-of-the-art Golden Dome missile defense shield to protect our homeland, all made in the USA … To boost our defense industrial base, we are also going to resurrect the American shipbuilding industry, including commercial shipbuilding and military shipbuilding … To further enhance our national security, my administration will be reclaiming the Panama Canal … We need Greenland for national security and even international security,

Among my very highest priorities is to rescue our economy and get dramatic and immediate relief to working families … A major focus of our fight to defeat inflation is rapidly reducing the cost of energy. The previous administration cut the number of new oil and gas leases by 95 percent, slowed pipeline construction to a halt, and closed more than 100 power plants. We are opening up many of those power plants right now … We have more liquid gold under our feet than any nation on Earth and by far. And now I’ve fully authorized the most talented team ever assembled to go and get it. It’s called drill, baby, drill … I will also take historic action to dramatically expand production of critical minerals and rare earths here in the USA … The next phase of our plan to deliver the greatest economy in history is for this Congress to pass tax cuts for everybody … We’re seeking permanent income tax cuts all across the board … In addition, … we want to cut taxes on domestic production and all manufacturing … If you don’t make your product in America, however, … you will pay a tariff and, in some cases, a rather large one. Other countries have used tariffs against us for decades, and now it’s our turn to start using them … On average, the European Union, China, Brazil, India, Mexico, and Canada … and countless other nations charge us tremendously higher tariffs than we charge them … This is happening by friend and foe. This system is not fair to the United States and never was … And whatever they tariff us – other countries – we will tariff them … We will take in trillions and trillions

and we’re working with everybody involved to try and get it … One way or the other, we’re going to get it. We will keep you safe. We will make you rich. And together, we will take Greenland to heights like you have never thought possible before … In the Middle East, we’re bringing back our hostages from Gaza. In my first term, we achieved one of the most groundbreaking peace agreements in generations: the Abraham Accords. And now we’re going to build on that foundation to create a more peaceful and prosperous future for the entire region … I’m also working tirelessly to end the savage conflict in Ukraine. Millions of Ukrainians and Russians have been needlessly killed or wounded in this horrific and brutal conflict with no end in sight. The United States has sent hundreds of billions of dollars to support Ukraine’s defense … Two thousand people are being killed every single week – more than that. They’re Russian young people. They’re Ukrainian young people. They’re not Americans. But I want it to stop … It’s time to stop this madness. It’s time to halt the killing. It’s time to end this senseless war. If you want to end wars, you have to talk to both sides. Joint Address to Congress, 6 March 2025

10 // G7 CANADA: THE KANANASKIS SUMMIT 2025

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