President Trump: They have no navy [Iran]. It's been knocked out. They have no air force. It's been knocked out. They have no air detection. That's been knocked out. Their radar has been knocked out. Just about everything has been knocked out.

Chancellor Merz: [chuckle]

President Trump: You see, we were having negotiations with these lunatics [Iran], and it was my opinion that they were going to attack first. They were going to attack if we didn't do it. They were going to attack first, I felt strongly about that. We have great negotiators, great people, people who do this very successfully, and have done it all of their lives very successfully. And based on the way the the negotiation was going, I think they were going to attack first, and I didn't want that to happen. So if anything, I might have forced Israel's hand. But Israel was ready, and we were ready, and we've had a very, very powerful impact, because virtually everything they have has been knocked out not. Their missile count is going way down.

President Trump: And now Spain actually said that we can't use their bases. And that's alright; we can use their base if we want. We could just fly in and use it. Nobody's going to tell us not to use it…as you know, they were the only country that in NATO, would not agree to go up to five percent. I don't think they would agree to go up to anything. They wanted to keep it at two percent, and they don't pay the two percent. So we're going to cut off all trade with Spain. We don't want anything to do with Spain.

President Trump: If we have a little high oil prices for a little while; but as soon as this ends [Iran], those prices are going to drop, I believe, lower than even before.

President Trump: We the right, as an example, we talked about Spain. I could, tomorrow, stop; or today, even better, stop everything having to do with Spain. All business having to do with Spain. I have the right to stop it. embargos; do anything I want with it. And we may do that with Spain.

President Trump: If I didn't terminate the deal that Obama made, giving them [Iran] everything, including plane loads of cash; do you remember the airplane flew over there?

Chancellor Merz: [nods in agreement]

President Trump: It was a Boeing 757. It was two of them. Loaded. They took out all the seats. It was loaded with green cash. So much cash that you could; it was in Virginia, Maryland, and Washington, D.C.. They got all the cash from all the banks, they put it; and they flew it to Iran.

President Trump: Spain has been very, very uncooperative. And so has UK. Now the second one is shocking, but this is not the age of Churchill.

President Trump: Look, you have places where, in the UK; you have a terrible mayor of London. Terrible. He's an incompetent guy. But you have Sharia courts. You don't want Sharia; you have Sharia courts, adjudicating law.