00:00Hello, everybody.
00:01How are you?
00:02Good.
00:03Any questions?
00:04What's going to happen with the market?
00:05I can't tell you.
00:06But I can tell you, our country has gotten a lot stronger.
00:07And eventually, it'll be a country like no other.
00:08It'll be the most dominant country economically in the world.
00:09Is there pain in the market?
00:10At some point, you're unwilling to tolerate this idea of a Trump put?
00:11Is there a threshold?
00:12I think your question is so stupid.
00:13I mean, I think it's a...
00:14I don't want anything to go down, but sometimes you have to take medicine to fix something.
00:36The Chinese foreign ministry said that the market has spoken when asked about the tariffs.
00:41What do you make of that?
00:42The market has spoken when they look at the fact that we have a billion dollar trade deficit.
00:48When you look at the trade deficit that we have with certain countries, way over a billion
00:55per country.
00:56But with China, it's a trillion dollars.
00:58And we have to solve our trade deficit with China.
01:01We have a trillion dollar trade deficit with China.
01:04Hundreds of billions of dollars a year we lose with China.
01:07And unless we solve that problem, I'm not going to make a deal.
01:10Now, I'm willing to deal with China, but they have to solve their surplus.
01:15We have a tremendous deficit problem with China.
01:20They have a surplus of at least a trillion dollars a year.
01:23I think it's like a trillion one.
01:26And I want that solved.
01:28And so China is...
01:30You know, they say the market has spoken.
01:33China is right now taking a big hit because everyone knows we're right.
01:37Were there any deals made?
01:39I spoke to a lot of leaders, European, Asian, from all over the world.
01:44They're dying to make a deal.
01:46But I said, we're not going to have deficits with your country.
01:50We're not going to do that.
01:52Because to me, a deficit is a loss.
01:54We're going to have surpluses or at worst, going to be breaking even.
01:59We will be taking in over a trillion dollars over the next short period of time
02:05with the tariffs that I've already instituted.
02:08They're already in place now.
02:10And we're the piggy bank.
02:11We have all the advantages.
02:13Forget markets for a second.
02:15We have all the advantages.
02:16We're going to straighten out.
02:17We're going to become a wealthy nation again.
02:19Wealthy like never before.
02:21And we're not going to let other nations that have been ripping us off,
02:24whether it's China or the European Union,
02:27with all of the European nations that have just made, it's been like a feast.
02:33Look, the European Union was formed for one reason.
02:36You know what that was?
02:38To rip off the United States.
02:40So put that in your bonnet.
02:42I hope you had a good flight.
02:44Have a good time.
02:45Thank you for your time, Mr. President.
02:46Thank you, sir.
02:47We'll see you tomorrow.
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