WEBVTT

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♪ And I won't forget the men who died ♪

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♪ who gave that right to me ♪

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♪ And I gladly stand up ♪

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♪ next to you and defend her still today ♪

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♪ 'Cause there ain't no doubt ♪

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♪ I love this land ♪

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♪ God Bless The U.S.A ♪

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- Thank you very much
and thank you, Hector.

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Please, let's have some fun, right?

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(audience laughs)

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But thank you very much

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for that beautiful introduction, Hector

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and I appreciate it.

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It's been a great friendship
and it's a terrific thing

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to honor all of these incredible people,

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the Latino Coalition.

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Latino Coalition, you're
having the best year

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you've ever had.

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I have to say that,
last year was your best

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and we're beating it this year.

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This afternoon, we celebrate
the phenomenal achievements

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of Latino business leaders,
entrepreneurs, innovators

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and workers who are lifting our nation

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to soaring new heights.

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We're very proud of it too.

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You are powering the American Dream

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and my administration stands
proudly right by your side.

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With the hard work, love and devotion

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of millions of incredible
Hispanic Americans,

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our country is thriving,
our people are prospering

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and our future has ever,
really never looked better than

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it does right now.

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I think we're doing something
that's really extraordinary.

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Our future has never looked better.

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America's extraordinary success
over the last three years

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has ensured that we are the
best prepared in the world

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to address any threat or any challenge.

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Nowhere is more true than our vigilant

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and unprecedented effort right now

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to protect Americans from the coronavirus.

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It's really, we have an incredible
team of talented people,

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the most talented people in the world.

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We're actually helping a
lot of other countries too

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as you know.

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Early on, my administration
leapt into action

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and undertook the quickest
and most aggressive response

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to a foreign outbreak in modern history.

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We implemented sweeping
travel restrictions,

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imposed historic quarantines

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and marshaled American
industry and science

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to begin developing a vaccine,

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while also racing to
produce antiviral therapies

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and I visited yesterday,
with different people,

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the great companies of our
country and of the world

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and also NIH.

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I'll tell you what I
saw is really inspiring.

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We are using every
resource at our disposal.

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We closed the border as
you know, very, very early

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to the troubled areas and
that saved a lot of lives.

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A lot of countries are
having a big, big problem,

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bigger than what we have, frankly

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but we closed those borders very early

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against the advice of
a lot of professionals

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and we turned out to be right.

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Took a lot of heat for that.

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The health and safety of our
people is my first priority.

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In everything we do, we are
putting America first always.

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We are grateful to be joined
today by Secretary Ben Carson.

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A fantastic, where is Ben?

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(audience applauds)

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Ben.

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(audience applauds)
(whistling)

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Thank you, Ben.

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Thanks Ben, great job.

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Administrator of Small
Business Administration,

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Jovita Carranza.

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(audience applauds)

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Jovita, how are you?

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And she got a very big vote in the Senate,

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I have to tell you.

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In fact I started to wonder,
how did you get so many votes?

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(audience laughs)

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And Puerto Rico Governor
Wanda Vazquez Garced,

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thank you very much.

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(audience applauds)

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Governor, where is he?

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Hi, Governor.

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Thank you, Governor.

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Those lights are so bright, Governor

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but you're looking good.

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Thank you very much.

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(audience laughs)

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I appreciate it.

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As I said in my State
of the Union Address,

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we're in the midst of the
great American comeback.

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Under the booming Trump economy,

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Latinos are achieving record gains.

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Since my election, we have
created seven million new jobs.

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A really, unthought-of number.

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They thought that it would be two.

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The prediction was two,
maybe less than two

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and that would have been good.

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We did seven.

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We've created three million new
jobs for Hispanic Americans.

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Hispanic American unemployment has fallen

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to the lowest rate ever recorded.

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More than 600,000 Hispanic Americans

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have been lifted out of poverty.

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That's a record.

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Median--

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(audience applauds)

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Yeah, great.

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Median household income
for Hispanic Americans

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surpassed $50,000 a year
for the first time ever

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and it's now at the highest
level in American history.

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That's something really special too.

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A record share of Hispanic households

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are now earning over $200,000 per year

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and we've increased Hispanic
American home ownership

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by more than half a million
homes, that's tremendous.

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We've seen the largest net gain

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in Hispanic American
homeowners ever recorded.

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Our agenda is delivering
remarkable opportunity and security

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to millions of hardworking
Hispanic American families.

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Nearly 40 million Hispanic
Americans live in households

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benefiting from our expansion
of the child tax credit,

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a big deal, providing
an extra $2,000 yearly

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for the average family of four.

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To help working parents, we
are fighting to make childcare

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more affordable and expanding
access to paid family leave.

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We're doing it like nobody's
ever done it before.

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And to ensure every student
can get a great education,

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we're fighting to expand school choice

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because no parent should be
forced to send their child

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to a failing government school.

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We've created, thank you

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(audience applauding)
school choice.

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Big deal, school choice

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and within the Hispanic community,

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I think school choice is
a very, very big deal.

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We have created nearly
9,000 opportunity zones

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in forgotten and distressed communities

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that are home to nine
million Hispanic Americans.

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Jobs and new investment are now pouring

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into those communities

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and to keep your family
businesses in the family,

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we virtually eliminated
the very unfair estate tax,

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or the death tax for the small businesses

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and farms and other things.

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We've actually eliminated it

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for those small businesses and farms.

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(audience applauding and cheering)

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Our nation's 4.4 million
Hispanic-owned businesses

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are growing at an astounding
pace, really unparalleled,

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propelled by our groundbreaking campaign

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to remove job-killing regulations.

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Our regulatory cuts alone
will save $3,100 per household

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every single year.

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A number that was unthinkable
if you go back three years.

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Four out of five
Hispanic-owned small businesses

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expect their revenue to increase this year

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and half of all Hispanic-owned
small businesses

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plan to hire more workers.

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In 2019, Latino businesses
saw an astonishing

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46 percent increase in
revenues, which is incredible

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and it's...

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Think of that.

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(audience applauds)
46 percent.

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With us today is Coalition
member Rafael Cuellar

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and following our tax cuts,

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Rafael dramatically expanded
his grocery store business,

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hiring hundreds of new employees

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and Rafael has got a great story to tell.

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Please, Rafael, come up and
give us a little story, Rafael.

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I wanna hear this.

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(audience applauds)

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I hear it's a good one.

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(audience applauds)

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I hear it's a good one, thank you.

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(audience applauds)

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Come on up, Rafael.

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That's great.

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I think they'll let him
through, what do you think?

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(audience laughs)

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He looks good to me.

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Thank you Rafael Cuellar.
- Thank you Mr. President.

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- Thank you very much.

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- Wow. First and foremost, what an honor.

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Thank you so much for
having me come up here

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and speak to everyone for a moment.

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What can I tell you?

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I mean, I've had the luxury
of enjoying the benefit

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of the tax cuts.

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The tax cuts allowed me
to grow my businesses.

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So not only do I own a supermarket

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but I now own a large liquor store,

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one of the largest in the state

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and I actually recently
opened up a franchise,

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a gym franchise.

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So I've been able to glean those benefits

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because of the tax cuts that
the administration put out

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and that yourself did, Mr. President

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and I can't tell you how grateful I am.

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If it weren't for those things,

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my businesses would have stagnated,

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it would have stayed flat

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and we wouldn't have been able to expand

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and had many more jobs
and more opportunity

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for other people.

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And hopefully, we'll
continue to keep on growing

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for the next five years thanks to you.

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- I have no doubt.

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(audience applauding)
I have no doubt.

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- Thank you so much, Mr. President.

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- Keep up the good work.
- Thank you.

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- I have no doubt about that, Rafael.

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Thank you very much.

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That's pretty good.

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And I heard that one store
of yours, that first one,

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is really spectacular too.

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He just told me that backstage.

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I said, "Give me a
little bit about Rafael."

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He said, "Well, I'll tell
you, he's really successful."

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Great job.

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My administration is determined to ensure

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our nation's prosperity
lifts all Americans.

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We wanna lift all Americans.

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Since my election, more
than one million Latinas

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have entered the workforce
and their unemployment rate

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right now is falling to a record low.

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Within a very short period of time,

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it's going to be the lowest ever.

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We have a tremendous thing happening.

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(audience applauds)

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And it's like that for almost all groups.

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The country is really doing great

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and countries are sending
tremendous amounts of companies,

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companies that, they sort of control

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because they control where they go,

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and I say, "Mr. Prime
Minister, Mr. President,

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you have to let them come."

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"You have to let them come,"

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and they let them come

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and it's made a tremendous
difference in our country

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and I'm very proud also to
report that more Latinas

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now own small businesses than ever before.

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The highest number ever recorded.

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(audience applauds)

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Since I took office, the
Small Business Administration

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has made over six billion
dollars in loan guarantees

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to Hispanic-owned small
businesses, another record

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and I'd like to ask
Administrator, Carranza

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to please come up and tell us
a little about the great job

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that you're doing.

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Thank you very much.

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(audience applauds)

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Thank you, Jovita.
(audience applauds)

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Thank you.

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- Thank you very much.

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Thank you, President.

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Now this is an exceptional backdrop,

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being able to tell the good stories of SBA

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with the president
standing right behind you.

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So I better get this right.

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(all laughing)

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First of all, I'd like to
tell you president Trump

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that if it weren't for your tax cuts,

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we would not have our economy fueled

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with the vitality that it's experienced

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and that all of these people here

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as well as all the small
businesses that I've visited

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between Pennsylvania to New Orleans,

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harbors, air, aircraft hangars,

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they all talk about
opportunity and certainty

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and the micro loan program,

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we have focused in on
the underserved markets

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in particular the Latino,

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the women and the veterans

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and we've done some exceptional outreach

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to our lender partners

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so that they are just as focused
as this administration is

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and the underserved market

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and as a result of that,

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we have realized a historical
micro loan portfolio growth,

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since its existence,
which is over 30 years.

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So we have a lot more to get done

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and all I can say is thank you

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for being such a friend
of the Hispanic community.

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- Thank you very much.

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(audience applauding)

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Beautiful job.

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I would have given you
a little more distance

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but I have this machine
standing right next to me

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and I didn't wanna take it on that.

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She is doing a fantastic job.

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Thank you. Jovita.

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America's also making tremendous progress

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in delivering fair and reciprocal,

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one of my favorite words, reciprocal

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because we've been taken
advantage of for a long time

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with these horrible trade deals

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but reciprocal trade to defend our jobs

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and all of our exports

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and to knock down unfair
bearers for American made goods.

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We love American made goods.

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The United States lost one
in four manufacturing jobs

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with the horrible NAFTA

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that was signed to many years ago.

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That's why my administration
replaced NAFTA

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with a brand new
US-Mexico-Canada Agreement,

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which is incredible.

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The US MCA will give a
major boost to farmers,

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ranchers, manufacturers, workers

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and to our country as a whole.

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What a difference it will make.

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I especially wanna thank Hector

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and everyone here at the Latino coalition

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who's vital support helped
get this deal passed.

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Hector and everybody really chipped in.

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We were having a hard
time getting it passed

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through the Democrats I must say.

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There was not an easy
situation but in the end,

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we got it done

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and it's gonna go down as
one of the great deals.

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We also made a big deal with China,

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to put it mildly.

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They'll be buying $250
billion worth of our goods.

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I look forward, that's a big one.

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(audience applauding)

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And others.

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I deal with Japan, I deal was South Korea.

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We have, we've done a lot of them.

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It's gonna have a tremendous
impact over the next

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number of years

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and I guess by the time it kicks in

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it'll be around election time

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but it'll unfortunately,

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some of them don't kick
in for a little while.

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They kick in gradually because it takes

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even bureaucratically,
a certain period of time

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but boy, the numbers are
gonna be astronomical.

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What's gonna happen to
this country is gonna be,

14:15.790 --> 14:18.060
I hope they remember that I did it.

14:18.060 --> 14:19.430
Okay?

14:19.430 --> 14:21.186
They'll say, "Oh, he had
nothing to do with it."

14:21.186 --> 14:22.019
(audience applauding)

14:22.019 --> 14:24.080
"What did he have to
do with the China deal,

14:24.080 --> 14:25.067
the US MCA?"

14:25.067 --> 14:27.080
"What did he have to do
with the deal with Japan

14:27.080 --> 14:28.420
or the deal with South Korea?"

14:28.420 --> 14:29.340
It's like,

14:29.340 --> 14:31.860
but you people will remember
as long as you remember,

14:31.860 --> 14:33.450
that's all that matters.

14:33.450 --> 14:35.350
But I look forward to working closely

14:35.350 --> 14:37.890
with Mexico in the years to come for

14:37.890 --> 14:40.420
the continued benefit of
both of our countries.

14:40.420 --> 14:42.430
We have a great relationship.

14:42.430 --> 14:46.580
Also here, this afternoon
is Miguel Gutierrez

14:46.580 --> 14:48.620
of San Antonio, Texas

14:48.620 --> 14:50.680
who's been able to triple his business

14:50.680 --> 14:51.660
in the past two years.

14:51.660 --> 14:53.840
If he was the New York
stock exchange companies,

14:53.840 --> 14:56.300
stock would be very high with triple.

14:56.300 --> 14:57.800
They like to hear triple.

14:57.800 --> 14:59.450
There are too many of them

14:59.450 --> 15:01.740
but triple 'em and revenues, employees

15:01.740 --> 15:02.790
and expansion

15:02.790 --> 15:06.550
and an extension of the
new markets into Mexico

15:06.550 --> 15:10.410
and I'd like to ask
Miguel to please come up

15:10.410 --> 15:12.942
and tell us your story. It's great story.

15:12.942 --> 15:16.109
(audience applauding)

15:18.993 --> 15:23.993
Thanks Miguel.

15:28.599 --> 15:29.783
Thank you Miguel.

15:29.783 --> 15:32.077
- Thanks (murmurs).

15:32.077 --> 15:33.560
Mr president thank you.

15:33.560 --> 15:34.950
And first and foremost,

15:34.950 --> 15:38.250
I need to thank my colleague
and friend Hector Barreto.

15:38.250 --> 15:39.550
Tremor the coalition

15:39.550 --> 15:41.430
and giving me the honor of

15:41.430 --> 15:43.070
sitting on this board for 20 years.

15:43.070 --> 15:45.460
I think I'm the longest
lasting board member

15:45.460 --> 15:46.850
with the coalition.

15:46.850 --> 15:49.720
Mr president with the passage of US MCA,

15:49.720 --> 15:51.050
I have to say that,

15:51.050 --> 15:53.870
we have three tables here of friends,

15:53.870 --> 15:56.380
that are our business partners
and our friends from Mexico.

15:56.380 --> 16:00.003
If y'all wanna raise your
hands, there you go. See.

16:00.003 --> 16:00.836
(audience applauding)

16:00.836 --> 16:03.840
All these folks have allowed
us to expand our businesses

16:03.840 --> 16:06.410
and reach new Heights and
we're gonna continue to grow.

16:06.410 --> 16:08.410
So I want to say thank you to you all

16:08.410 --> 16:10.280
and thank you Mr. president
for all of your support

16:10.280 --> 16:11.623
to Latinos.

16:11.623 --> 16:12.456
- Thank you very much (murmurs).

16:12.456 --> 16:14.210
Great job.
(audience applauding)

16:14.210 --> 16:15.459
20 years.

16:15.459 --> 16:18.360
You've been on the board
for 20 years Miguel,

16:18.360 --> 16:19.350
that's pretty good.

16:19.350 --> 16:21.689
You've seen a lot of
progress, haven't you?

16:21.689 --> 16:23.523
That's great. Thank you very much.

16:24.370 --> 16:27.440
As we expand freedom and
opportunity in America,

16:27.440 --> 16:31.340
we're proudly promoting Liberty
in the Western hemisphere.

16:31.340 --> 16:34.010
The United States is
leading a historical eation

16:34.010 --> 16:38.160
of 59 countries dedicated
to the future of democracy

16:38.160 --> 16:40.551
for the people of Venezuela.

16:40.551 --> 16:43.718
(audience applauding)

16:48.670 --> 16:52.390
The tragedy in Venezuela is
a reminder that socialism

16:52.390 --> 16:55.700
and communism bring misery
and heartache everywhere.

16:55.700 --> 16:56.533
They're trying to...

16:56.533 --> 16:57.720
I remember so many years ago,

16:57.720 --> 16:59.410
20, less,

16:59.410 --> 17:01.767
it was the wealthiest country people said,

17:01.767 --> 17:03.027
"Oh, it's so incredible.

17:03.027 --> 17:06.210
"It's so beautiful. It's so happy,"

17:06.210 --> 17:07.890
and now people can't get water,

17:07.890 --> 17:09.360
they can't get basic food,

17:09.360 --> 17:10.340
they can't get anything.

17:10.340 --> 17:11.690
It's incredible to see what

17:12.850 --> 17:14.310
bad concepts

17:14.310 --> 17:15.890
and bad people.

17:15.890 --> 17:17.800
I mean we have some bad people.

17:17.800 --> 17:20.630
Leadership or lack of leadership,

17:20.630 --> 17:22.960
but it's amazing to see
what happened to Venezuela,

17:22.960 --> 17:25.760
beautiful Venezuela, we're
with Venezuela all the way

17:25.760 --> 17:27.440
and we're doing a lot

17:27.440 --> 17:30.300
and we have a lot planned.

17:30.300 --> 17:33.260
America stands with the
suffering people of Venezuela

17:33.260 --> 17:34.941
and Cuba and Nicaragua.

17:34.941 --> 17:38.108
(audience applauding)

17:39.920 --> 17:41.880
In their righteous struggle for Liberty

17:41.880 --> 17:44.150
and we'll continue working

17:44.150 --> 17:45.500
for the day when

17:45.500 --> 17:48.430
we will become the first
fully free hemisphere

17:48.430 --> 17:50.600
in all human history, first time,

17:50.600 --> 17:52.340
and we'll have that day.

17:52.340 --> 17:54.440
We've invested over $2 trillion

17:54.440 --> 17:56.450
to rebuild the United States military.

17:56.450 --> 17:58.170
It was in very, very bad shape.

17:58.170 --> 18:00.280
It was very, very depleted

18:01.120 --> 18:04.180
and delivered a well-deserved
pay raise for every soldier,

18:04.180 --> 18:07.570
sailor, airman, coastguardsman and marine,

18:07.570 --> 18:10.260
more than a quarter of a
million Hispanic Americans

18:10.260 --> 18:12.947
courageously serve in our armed forces.

18:12.947 --> 18:15.040
(audience applauding)
It's true.

18:15.040 --> 18:15.873
Great.

18:18.280 --> 18:21.280
And we're also immensely grateful for the

18:21.280 --> 18:23.010
countless Hispanic Americans

18:23.010 --> 18:25.710
proudly serving in local,
state and federal government

18:25.710 --> 18:27.870
including the brave Hispanic Americans

18:27.870 --> 18:29.400
protecting our nation

18:29.400 --> 18:32.070
on the front lines as border agents.

18:32.070 --> 18:33.576
We have a lot of border agents.

18:33.576 --> 18:35.070
(audience applauding)

18:35.070 --> 18:37.140
They are doing a great job

18:37.140 --> 18:39.240
and we're doing incredible numbers.

18:39.240 --> 18:40.920
You're hearing what's
going on in the border

18:40.920 --> 18:43.080
and we're actually

18:43.080 --> 18:46.100
up to mile 128 for the wall

18:46.100 --> 18:48.370
and the wall has made a
tremendous step forward

18:48.370 --> 18:49.850
(audience applauding)

18:49.850 --> 18:51.860
and you know who wants the
wall more than anybody else?

18:51.860 --> 18:54.240
The Hispanics because they get it.

18:54.240 --> 18:55.073
They're here,

18:55.073 --> 18:56.060
they wanna be safe

18:56.060 --> 18:58.820
and they know some of the
people coming across are

18:58.820 --> 19:01.340
not the people that you wanna be with

19:01.340 --> 19:03.724
and the Hispanics understand the border.

19:03.724 --> 19:04.790
When I...

19:04.790 --> 19:06.730
A poll came out with very high numbers

19:06.730 --> 19:09.120
and people said, "I can't imagine why

19:09.120 --> 19:11.930
the Hispanics like
president Trump so much."

19:11.930 --> 19:12.763
You know why?

19:12.763 --> 19:15.070
Because they understand the
border better than anybody

19:15.070 --> 19:17.030
and they want a safe border.

19:17.030 --> 19:19.270
They understand it better than anybody.

19:19.270 --> 19:21.360
So I wasn't surprised

19:21.360 --> 19:23.270
and some of the other
folks weren't surprised

19:23.270 --> 19:24.450
but some were,

19:24.450 --> 19:26.020
but now they're not any longer.

19:26.020 --> 19:27.000
It's been a,

19:27.000 --> 19:29.410
it's been a great relationship
that I've had with

19:29.410 --> 19:31.270
Hispanic Americans.

19:31.270 --> 19:34.160
It is really estimated that

19:34.160 --> 19:37.730
more than half of our
nation's border agents

19:37.730 --> 19:38.870
and this is a number

19:38.870 --> 19:40.650
that I think can even go higher than this

19:40.650 --> 19:42.500
but our Hispanic Americans

19:42.500 --> 19:43.830
and they do an incredible job.

19:43.830 --> 19:45.330
We're immensely grateful

19:45.330 --> 19:47.560
for their amazing work in seizing drugs,

19:47.560 --> 19:49.800
stopping human trafficking,

19:49.800 --> 19:51.460
which is so terrible

19:51.460 --> 19:55.570
and ensuring a safe human and lawful

19:55.570 --> 19:57.490
system of immigration.

19:57.490 --> 19:58.980
A real humane system

19:58.980 --> 20:01.610
is what we're developing along the border.

20:01.610 --> 20:02.880
At every level of government,

20:02.880 --> 20:04.680
our nation is truly blessed to be

20:04.680 --> 20:07.680
defended by thousands of
Hispanic American heroes

20:07.680 --> 20:09.100
and that's what they are.

20:09.100 --> 20:11.100
Today we give thanks to the millions of

20:11.100 --> 20:12.790
wonderful Latino immigrants

20:12.790 --> 20:15.100
and citizens who uphold our laws,

20:15.100 --> 20:18.460
strengthen our families and
contribute to our communities.

20:18.460 --> 20:21.600
They build incredible
businesses like we've just seen

20:21.600 --> 20:23.160
and raise up our industries

20:23.160 --> 20:25.750
and protect our great American flag.

20:25.750 --> 20:27.090
So important.

20:27.090 --> 20:29.530
Our Latino communities
have always been a vital

20:29.530 --> 20:33.140
and indispensable part
of the American family.

20:33.140 --> 20:34.830
From the beginning of our Republic,

20:34.830 --> 20:36.650
the exceptional drive, talent,

20:36.650 --> 20:39.100
faith, skill, imagination

20:39.100 --> 20:41.570
and devotion of Latino Americans

20:41.570 --> 20:43.670
has uplifted our entire nation.

20:43.670 --> 20:45.970
You've deeply enriched American life

20:45.970 --> 20:47.575
and history and culture.

20:47.575 --> 20:50.600
Latinos have invigorated our economy,

20:50.600 --> 20:52.520
expanded our prosperity

20:52.520 --> 20:54.800
and poured your heart, sweat and soul

20:54.800 --> 20:56.970
into our beloved country.

20:56.970 --> 20:58.710
Today we express our gratitude

20:58.710 --> 21:01.860
and appreciation to each
and every one of you

21:01.860 --> 21:04.270
for keeping America safe, strong, proud,

21:04.270 --> 21:06.370
prosperous and free

21:06.370 --> 21:10.230
and together we are making
America greater than ever before.

21:10.230 --> 21:12.370
I'd like to just say this
has been a great honor

21:12.370 --> 21:13.203
to be with you.

21:13.203 --> 21:14.930
It's a, I'm with you all the way.

21:14.930 --> 21:16.710
We're working together

21:16.710 --> 21:19.150
really brilliantly hand in hand

21:19.150 --> 21:20.660
and I just leave by saying,

21:20.660 --> 21:23.290
God bless you all and God bless America.

21:23.290 --> 21:25.318
Thank you very much. Thank you.

21:25.318 --> 21:26.957
Thank you very much.
(audience applauding)

21:26.957 --> 21:31.957
(You can't always get what
you want-Rolling Stones)