00:00Is there anything he can say to you in the fourth of your meeting with him today that
00:04gets you to lift tariffs on Canada? No. Why not? Just the way it is.
00:11What would it take to get tariffs on Canada? Well, we'll be talking about different things.
00:16You know, we want to protect our automobile business, and so does Mark. But we want to
00:22protect, we want to make the automobiles, and we want to, you know, we have a tremendous
00:27abundance of energy more than any country. We have, just in Alaska alone, Anwar has been reopened now.
00:33Anwar is probably the largest find anywhere in the world. They say it's larger than Saudi Arabia.
00:37I don't know, but it's a lot. But we have tremendous amounts of energy. Other countries don't. We're both
00:43lucky in that way. They have energy. We have energy. We have more than we can ever use and
00:48more than we could ever sell, actually, and you have the same thing. So we're two countries that
00:53are very lucky. If you look at China, they don't have that. You know, it's a big disadvantage.
00:58Other countries, most countries don't have, you know, most countries don't have that.
01:02So Canada and us, we have a lot of, a lot of advantages over other places.
01:08Mr. President, when you consider what Mr. Carney just said, that Canada is not for sale,
01:15does this make the discussion a little more difficult to start on?
01:18No, not at all. No, not at all. No, time. Time will tell. It's only time. But I say, never
01:25say never. I've had many, many things that were not doable and they ended up being doable
01:30and only doable in a very friendly way. But if it, if it's to everybody's benefit, you
01:35know, Canada loves us and we love Canada. That's, I think, the number one thing that's important.
01:41But we'll see. I mean, over time, we'll see what happens.
01:48China.
01:48I was hoping you could clarify something. Earlier this morning, Capitol Hill, Secretary
01:52Besson said that there had been no negotiations yet with China. You have said something differently.
01:56Can you clarify that?
01:58They want to be, and they're doing no business right now. And those ships are turning around
02:03in the Pacific Ocean. Big turn. Those are big ships. Those ships take about 10 miles to turn.
02:08And, you know, we lost a trillion dollars to China on trade because of an incompetent
02:15president that we had who preceded me, grossly incompetent. You're finding it out more and
02:19more now. And by not trading, we're losing nothing. So we're saving a trillion dollars.
02:25It's a lot. But they want to negotiate and they want to have a meeting and we'll, we'll,
02:30we'll be meeting with them at the right time.
02:32But you haven't met with them yet.
02:33I have not met with them, of course. You would know if I've met. I'd tell you they want
02:38to meet, but you know, we are right now, look, they're suffering greatly. Their, your economy
02:44is suffering greatly because they're not doing trade with the U.S. And, and they made most
02:48of their money off the U.S. Don't, don't kid yourself. They don't make the money off other
02:52countries like this. And, uh, they were making, we had a trade imbalance. We had a, uh, a deficit
02:58or they had a surplus, another way of saying it, of more than a trillion dollars. Think of it,
03:04more than a trillion dollars. And because of 145%, that's the only reason, but because
03:09of, they have now 145% tariff, uh, there's no trading. You can't trade with 145%. Uh, we
03:16are therefore, uh, making in a certain way, I guess, $1.1 trillion. In other words, we're
03:24not losing $1.1 trillion. A deficit is much better. When I, uh, started, I say we were losing
03:31billions of dollars a day on trade. That's rapidly turning away around. We looked at numbers this
03:37morning. So we were losing the United States, uh, during Biden was losing more than, I won't
03:44even give you numbers because they're so embarrassing, but billions of dollars a day on trade.
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