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Home » Transcript: President Trump Remarks at White House Faith Luncheon

Transcript: President Trump Remarks at White House Faith Luncheon

Read the full transcript President Donald Trump’s remarks at White House Faith Luncheon on July 14, 2025. Trump hosted more than 60 business leaders and CEOs at the White House, who previously donated to faith-based charities.  

NATO Weapons Deal and European Relations

PRESIDENT TRUMP: We’re going to do something a little different for this country. We’re going to supply weapons to NATO at a large amount. They’re going to deliver the weapons, and they’re going to pay for 100 percent of the weapons. So, a little different. A little different. Hi, John. So, we’re really — that’s a big thing. And we thought we had four deals, Howard, right, with Putin. And now they end, and we get off the phone, and, “oh, that was a very nice conversation.” And then he sends missiles into buildings someplace. I say, “what was that all about?” So anyway, so we’re going to be doing that with NATO, and it’s fully approved, fully done. We’ll send them a lot of weapons of all kinds, and they’re going to deliver those weapons immediately to the site — to the site of the war, different sites of the war. And they’re going to pay for 100 percent of them.

And this all was made possible by going from 2 to 5 percent a month ago when I went there. And those countries, those European countries — and I said, “look, we have an ocean. It’s not fair that we did,” because under the Biden administration, we paid about three and a half times more than they did. We were in for $350 billion. Got nothing for it. We were in for $350, and they were in for $100. So — which really meant one thing, because you have great business leaders here. It meant, very simply, that they were better negotiators than our President was. But — so this is a very important — very important thing.

And hopefully that will come to an end. At the end of 50 days, if we don’t have a deal, then we’re going to have to do — we have no choice but to do secondary tariffs. You call it secondary tariffs, which are pretty tough, which we don’t want to have to do. But let’s see what happens. Remember, we thought we had a deal. Numerous times I’d get home, I’d say, “First Lady, I had the most wonderful talk with Vladimir. I think we’re finished.” And then I’ll turn on the television, or she’ll say to me one time, “wow, that’s strange because they just bombed a nursing home.” They said, “what?” So we don’t like that.

Welcome to Faith and Business Leaders Summit

But I want to thank you all for being here. And welcome to the first-ever White House Summit of Faith and Business Leaders. You’re really some of the greatest business leaders in the country. When I looked at some of the names, I said, “whoa, that’s big stuff we have here today.” In fact, before I was President, I would have been very intimidated. But now I’m President, so I don’t have to be. But today we celebrate the core values that built this country — freedom, hard work, risk-taking, and, above all, trust in Almighty God. You’re very much into God in this room. And it’s very nice. You’re business leaders who believe strongly. We have some business leaders that don’t believe strongly, and somehow you and I don’t like them as much.

But I want to thank Pastor Paula White. She’s been my friend for a long time. And John, for convening this incredible group. You know, her husband is one of the most talented musicians in the world. Stand up, John. Stand up. See? See? I stole a couple of his songs for the rallies, and he never sued me, so I was very happy. But we all come from the same place, right? So it was — it was great, and we appreciate it, John.

Cabinet Members and Administration Officials

Thanks as well to Treasury Secretary Scott Bestin, who’s doing a fantastic job. He goes on television and he calms the market. I go on television, I rile the market, and I say, “we better send him in there, Howard, right?” And the market’s become so calm and nice, so you’re doing a good job, Scott. Thank you very much. Did you make any deals today? We’ve got a lot of them, boy, I tell you, we have. But the best deal is just sending out the paper, you know. They keep saying, “well, he hasn’t made the deal.” Oh, we’ve made a number of deals, but “why isn’t he doing deals?” Because the paper is better than any deal we can make. Do you understand?

Well, this — Kevin, they asked you that question this morning. You were great this morning. But they said, “well, when is he going to start making deals?” The next time, we could say, just — no, every time he sends out a document that you have to pay 35 percent or 25 percent or 50 percent, or in one case, 100 percent — those deals, you can’t beat those deals. But we’re still willing to talk. And they all — every — literally every country wants to make a deal. We’re in a good position. We would call it a position of strength. I don’t talk that way because I’m a politician now, unfortunately. And I don’t want to talk about strength. I just want to say we have to be treated fairly, because we were treated — we were ripped off on trade and the military for — you know, we protected other nations. Nobody paid us. Nobody did anything for us. Nobody helped us. And that’s much different.

You know, NATO is a much different situation now. When I got in, I believe we were paying for 100 percent of NATO. And now they’re paying — they went from 2 percent, but they were paying 1 percent to 5 percent that they’re paying.