Trump calls for famed Alcatraz prison to be reopened, expanded

While answering questions at the end of his Cabinet meeting, President Donald Trump seemed to acknowledge the real impacts his trade war with China could have on Americans.

Trump has previously said that there would be disruptions, but for the first time, he acknowledged that many Americans might have to do with less as a result of the tariff standoff.

"They made $1 trillion with Biden, $1 trillion, even a $1.1 trillion, with Biden selling us stuff, much of it we don't need. You know, somebody said, 'Oh, the shelves are going to be open.' Well, maybe the children will have two dolls instead of 30 dolls. You know, and maybe the two dolls will cost a couple of bucks more than they would normally. But, we're not talking about something that we have to go out of our way," Trump said.

Trump argued that the result of the trade war will be worse for the Chinese, who rely on the U.S. as a market to sell their goods. Trump was asked whether he'd spoken to Chinese President Xi Jinping and Trump said: "It'll happen."

Trump continued to insist that Americans don't need many of the goods that are imported from China.

"They have ships that are loaded up with stuff, much of which, not all of it, but much of which we don't need. And we have to make a fair deal. We've been ripped off by every country in the world. But China, I would say, is the leading, the leading one and the leading, candidate for the chief-ripper-offer," Trump said.

-ABC News' Michelle Stoddart

President Donald Trump continued to blame former President Joe Biden for the issues facing the stock market and economy, even though he claimed he didn't "view the stock market as that abnormal."

Trump claimed that the economic issues could continue next quarter because of Biden.

"This is Biden. And you could even say the next quarter is sort of Biden, because it doesn't just happen on a daily or an hourly basis, but we're turning it around. It's a big ship to turn around," he said.

ABC News White House Correspondent Karen Travers asked President Donald Trump, "You told ABC News yesterday that you could get [Kilmar] Abrego Garcia back if you wanted to. Do you think President Bukele would turn you down if you made that request?"

"I really don't know. I know that he's been a great friend of our country," Trump responded, before going on to praise Bukele for his handling of crime and prisons in El Salvador.

"I don't know, I haven't spoken to him," Trump said. "I really leave that to the lawyers. And I take my advice from Pam [Bondi] and everybody that is very much involved. They know the laws and we follow the laws exactly."

"You have been treated unfairly but the vast majority of people in this country really respect and appreciate you, and this whole room can say that very strongly. You've really been a tremendous help. You opened up a lot of eyes as to what could be done," President Trump told Elon Musk at Wednesday's Cabinet meeting.

"And we just want to thank you very much," Trump continued. "And, you know, you're invited to stay as long as you want. At some point, I guess, he wants to get back home to his cars."

The room then offered Musk a round of applause.

"It's also an honor to work with your incredible Cabinet. I'd just like to say thank you everyone for, you know, it's great to work with you," Musk said.

Unlike previous Cabinet meetings, Musk did not talk at length about the work of the Department of Government Efficiency.