President of the United States, donald j. Trump. President trump thank you. Thank you very much. Appreciate it. Thank you for being here. Let me provide a brief update on the china virus as well as our economic recovery, which is going really very well, as you probably have been hearing. 85 of jurisdictions across our country are reporting a very steep decline in cases. We havedespite the fact the number one Testing Program anywhere in the world. We are up to almost 70 million tests, far beyond any other country. This week, cases nationwide have declined by 6 . I want to think the American People for doing such a great job. The United States has administered over 70 million tests, more than all the European Union combined. If you combine all of europe, it is less than what we do. Millions of pointofcare tests are processed in less than 24 hours. Many another 15 minutes. Many commercial lab results are returned within three days, so weve got that number down from eight days to three days. Thats only in the longerterm cases. We have many 15 minute test, we have some fiveminute tests. The turnaround time is just two days. When you send them out, despite the fact you have a delivery time which you cannot do anything about, it is all the way down to two days, thats a substantial reduction and a great job by the people who do it. We are focused on shielding the highest risk individuals. Those living in Nursing Homes and longterm care facilities are less than 1 of the u. S. Population, but account for nearly half of all fatalities. That is an incredible thing, so it is 1 of the u. S. Population, but they account for nearly half of the fatalities from the china virus. That is why we have rushed nursing home funding, protective gear, and Rapid Testing equipment and we will announce additional measures to protect nursing home residents. We have worked very hard with nursing Home Companies and with the governors, 50 governors all around the United States and we have developed a very Good Relationship with most of the governors. I think for the most part, they are doing a really good job. They are focused very heavily on Nursing Homes and when they need to quit and they can get, remember they are supposed to get it, but we have tremendous amounts of equipment in stock. Administrations Decisive Action to save american jobs, we are currently witnessing the fastest economic recovery in american history. That is because the foundation we set previously before the virus came and hit our shore, the foundation was so strong. We had such a Strong Foundation that we are recovering much faster than anybody anticipated. ,t turns out it will be a very very strong the end you will see that in just a second. Retail spending has fully recovered and is now at an alltime high. That is not alltime for this month or last month, that is at an alltime high and you see that with the chart. To the plague,us i call it, the plague coming into our land and really affected we are dealing with 188 countries. We have not only recovered but we are at a much higher level than we were even then. Thats an incredible number nobody even thought would be possible. We are currently witnessing the fastest economic recovery in american history. That is an amazing statement. Retail spending is great and now they would put up, auto production has surged 28 , that is auto production, which is right there. So you will see that that is about even to where it was and that was at an alltime record high and we are already even and if you had a chart for used cars, you would see usedcar sales are setting a record. And that is great for production because when used cars are not available, they are very tight, that means youre are going to make a lot of new cars. That number will go up beyond where it is now, but that is a fantastic number. That is a number that was the equivalent of where it was, and that was a record. You see what is happening with respect to the economy and the stock market is almost at an alltime high. In fact, nasdaq is at an alltime high, 14 days where we broke the record over the last two months. A lot of great things are happening. Through the historic relief package i signed into law, we saved over 50 million american jobs. 50 million american jobs. The Unemployment Rate is rapidly going down. You see that. You have seen that and i think you will see it over the next two months and you will have a good report even prior to the election, you will have a very good report. I think you are going to have an incredible gdp, a tremendous report on business, and a lot of it is going to be released, which is very fortunate prior to the election. I think the democrats are going out of their way to do what they can to stop these kind of numbers, they dont like these kind of numbers because they think it will hurt them in the election. I think we all have to pull together and we have to do the right job and we have to do what is good for the American People. We were unfairly treated by china because they could have stopped it. That being said, china has purchased the most amount of corn in history. Last week they purchased the two largest days in history of corn purchase. A massive amount of soybeans. Also cattle. China has been buying a lot of things. They are doing that to keep me happy, but they are dreaming about joe biden. They would love that happen but i dont think that will happen. They are dreaming about him, and so is iran, dreaming about joe, and so are numerous other countries. They dream about it because if that happens they will own the United States and i can tell you china specifically will own the United States. Cant let that happen. If you remember, china had the worst year they have had in 67 years prior to the plague coming to our shores and we are now starting to do really well. We are going to have a very good third quarter, may be a great third quarter, and an incredible next year unless someone comes up and quadruples taxes, it is what they are talking about doing, and also regulations. We have done more in terms of cutting regulations than any administration in history by far, whether it was four years or eight years or in one case more than eight years. We have, in less than four years, we have done more regulation cutting by far and we are doing more as we go. Some of it is statutory and you can only do it at a certain pace, you have to wait 90 days, you have to wait 120 days before taking the next step. We have tremendous regulation cutting coming. With that being said, we will have certain regulations to protect the environment and also safety. Small Business Optimism has come surging back in june. It was higher than any month under the Previous Administration think of that. Small Business Optimism higher than any month under the Previous Administration and that is why we are going through a worldwide pandemic. You have a number like that. You see the numbers we quoted as to what is happening with cases and the hospitalization rates, a lot of tremendous things are happening. Industrial production is increasing at the fastest rate ever recorded. Think of these numbers. I mean, how does that happen . Industrial production is increasing at the fastest rate on record, which is ever recorded. Consumer spending is expected to grow at an astronomical rate this quarter. So we dont have the number yet, but it looks like it is going to be at an astronomical rate. I want to say that i want College Football to come back. These are strong, healthy, incredible people. These are people that want to play football very badly. A great, great talent and quarterback Trevor Lawrence called me two days ago and i spoke to him a couple of times. He said sir, i want to tell you we want it back, we want to play. He is an incredible quarterback from an incredible school, clemson. And he is going to have a very good future in the nfl. He has got everything. He has height, accuracy, strongarm, and he is fast. Other than that, i guess hes got some problems. [laughter] but hes got the whole package. I watched him last year running, he is faster than the backs that were guarding. I think he is going to be great, but he is just a great young man. I talked to him a long time. They want to play football and he made the statement that he feels he is safer on the field than he is outside of the field. He feels very safe. And if you look, the sec, the big 12, and the acc are back, they want to come back and i think they are coming back. The big ten, the pack 12 are not. And i wish they would come back. And i just want to say, it is sort of sad because ive been fighting for football to come back. We are trying to help the nfl, as long as they stand for our national anthem, as long as they honor our flag and country. If they start kneeling, i wont be watching and neither will a lot of people. I think what the nba did was atrocious, i thought it was disgraceful the way they kneeled. Their ratings are reflective of that. I think football has to get smart, that is the nfl, we will see what happens. We will i thought they learned their lesson two years ago when people started not watching and were not going to the games so much. A lot of empty seats all of a sudden. I just want to say, Trevor Lawrence, great. Some of the great people, sec, big 12, acc, i want to thank them and congratulate them for coming back. I also want to mention that cnn had a story that said, will they blame trump for football in the swing states . What a dishonest story that is. Will they blame me . I am the one pushing them to come back. They want to try to blame me. And i guess the New York Times reported it was one person in the story, one person said maybe it is trumps fault. And i am the one pushing them back. I would like to see College Football come back. I would like to see them come back proud and strong. I was very impressed by trevor, i was impressed by other people that called me, players called me, coaches called me, coach o. If you want a coach who is central casting for a movie, if you are doing a movie, you have to put coach o as the head because he is a central casting. But when you have guys like nick saban and others calling for it to come back they want it to come back. And these are great athletes. These are not people that seem to be at all susceptible to this horrible disease and they want to play football and we have great testing, so you will be able to test. When cnn and the New York Times the New York Times quoted one person one person and i am the one pushing so we will get it straight, i am pushing for football to come back. I think if i wasnt pushing you would not have anything happening. With that, we will take a few questions. Steve, please. Reporter the u. S. Effort to extend the iran arms embargo at the Un Security Council fell apart yesterday. Will you trigger a snapback of sanctions on iran . Pres. Trump we knew what the vote would be but we will do the snapback and you will watch it next week. Reporter putin wants to hold a video summit on this. Are you wanting to do this . Pres. Trump probably not. No. I think we want to wait until after the election. Iran wants me to lose so badly, because if they do you know iran is a different ballgame right now. Iran wants me to lose so badly, because if they do you know iran is a different ballgame right now. They have not been sponsoring terror because they dont have very much money to sponsor terror. And they have ships and we brought them into houston, they were going to venezuela and they were not supposed to do that. Iran would love to have me defeated. If i win, which i hope to win, how can you not when you see numbers like this both on the virus and the economy . I mean, we should win, we should all keep this incredible thing going. I built it once and i will build it again. I have already i think the hardest part is done in terms of the economy. That is with or without additional funds from nancy pelosi. They should have put the things in what you call it . The cares act. They did not do that. They put it at the end, things they are asking for that had nothing to do with corona, they have everything to do with radical left politics. Reporter [indiscernible] states received letters from your Postal Service saying the ballots for november 3 might not make it in time. As president , isnt it your responsibility since this is your Postal Service, to meet this critical need . Pres. Trump we have a man in there for two months, he is a talented man, he is a business person and a very nice man also, lewis, and he is working very hard. As you know, the democrats are not approving the proper funding for postal and not approving the proper funding for this ridiculous thing they want to do, which is all mailin voting. Universal, you could call it, mailin voting. Again, absentee voting is great i am an absentee voter because i request it, i got it, and i sent in my vote. That works out well and thats what weve had. Now they want to send in millions and millions of ballots. And you see what is happening, they are being lost, discarded, they are finding them in piles. It is going to be a catastrophe. This is beyond the post office. But lewis dejoy is working hard. The post office has, for decades, lost billions and billions of dollars. I read numbers today that are unthinkable. What they want to do now is hit the post office with millions of ballots from certain states. And if you look at what happened in new york and virginia and various other places, it is a catastrophe, they are losing 20 of the votes. Nobody knows what happened. We are going to see what happens, but i do say this universal mailin voting is going to be catastrophic, it is going to make our country a laughingstock all over the world. You cannot send out millions of ballots and look at the you have seen them, there are many. Look at new york and new jersey, the catastrophe in new jersey. New jersey had more than just patterson. Look at what is going on in virginia, look at what is happening with mailin voting. It is a disgrace. Absentee is good. Mailin universal is very bad. There is no way they will get it accurately, they are off by 20 and 30 . This is beyond the post office. That being said, they want money for the universal mailin ballots. And they are not getting it. You know why, because of them. We want money to go to people. They want money in order to bailout states that have done poorly. The states that have done poorly, these are run by democrats, usually radical left democrats. You take a look at what is happening in portland. And we will go into portland we have to be asked we will straighten it out in one hour like what happened in minneapolis. We will straighten it out in one hour, we will straighten it out so fast, but they need to ask us. They need money but they are not willing to approve the money they need. If they cant get the money they need for universal mailin voting, i dont see how they can have it. And that is not only post office, that is for voting itself. Reporter does postmaster dejoy have your backing for the actions he has taken . Pres. Trump he is a fantastic man. He wants to make the post office great again. You ever hear the expression . He wants to make the post office great again. The post office is a catastrophe. Reporter mail sorting machines nationwide. Pres. Trump i dont know what he is doing, i can only tell you he is a very smart man. Looking at