# President Discusses Swiss Watches, Interest Rates and Trade Independence

- Original post: https://www.twitter.com/i/status/2107891220311683368
- Source account: [@EricLDaugh](https://x.com/EricLDaugh)
- Source language: English
- Duration: 1:08
- Published: 2026-10-10
- Canonical URL: https://www.translate.mom/transcript/5Tf4zKJW5GVx/en/president-discusses-swiss-watches-interest-rates-and-trade-independence

## Transcript

[0:00](https://www.translate.mom/transcript/5Tf4zKJW5GVx/en/president-discusses-swiss-watches-interest-rates-and-trade-independence) If we decided not to buy watches from Switzerland, it wouldn't be elite anymore, and we would save about forty billion dollars.

[0:09](https://www.translate.mom/transcript/5Tf4zKJW5GVx/en/president-discusses-swiss-watches-interest-rates-and-trade-independence?t=9) Uh, we can do all, do all of that, but I like to keep things on an even keel, and we're doing so well that I don't wanna do that.

[0:15](https://www.translate.mom/transcript/5Tf4zKJW5GVx/en/president-discusses-swiss-watches-interest-rates-and-trade-independence?t=15) But our interest rate should be the lowest.

[0:17](https://www.translate.mom/transcript/5Tf4zKJW5GVx/en/president-discusses-swiss-watches-interest-rates-and-trade-independence?t=17) We should pay lower than any other country.

[0:20](https://www.translate.mom/transcript/5Tf4zKJW5GVx/en/president-discusses-swiss-watches-interest-rates-and-trade-independence?t=20) Uh, the lowest rate right now is Switzerland, and as I said, we have a... We contribute to Switzerland billions and billions of dollars. And we don't have to. We don't have to.

[0:32](https://www.translate.mom/transcript/5Tf4zKJW5GVx/en/president-discusses-swiss-watches-interest-rates-and-trade-independence?t=32) We contribute billions and billions of dollars to Mexico, to Canada, to many countries. I don't like to name them, but, you know, we don't need anything that they have. We have all the fuel we need.

[0:48](https://www.translate.mom/transcript/5Tf4zKJW5GVx/en/president-discusses-swiss-watches-interest-rates-and-trade-independence?t=48) We have all the energy, we have all the lumber, we have all the everything.

[0:51](https://www.translate.mom/transcript/5Tf4zKJW5GVx/en/president-discusses-swiss-watches-interest-rates-and-trade-independence?t=51) We don't need anything from many of these countries.

[0:54](https://www.translate.mom/transcript/5Tf4zKJW5GVx/en/president-discusses-swiss-watches-interest-rates-and-trade-independence?t=54) There are some countries we need, but in a little while, we won't need anything from anybody.

[0:59](https://www.translate.mom/transcript/5Tf4zKJW5GVx/en/president-discusses-swiss-watches-interest-rates-and-trade-independence?t=59) Mr. President. As an example, we're building- Mr. President.

[1:01](https://www.translate.mom/transcript/5Tf4zKJW5GVx/en/president-discusses-swiss-watches-interest-rates-and-trade-independence?t=61) We're building right now. Right now, we're building...

[1:04](https://www.translate.mom/transcript/5Tf4zKJW5GVx/en/president-discusses-swiss-watches-interest-rates-and-trade-independence?t=64) We have building, uh, Eli Lilly, Merck