Trump Touts Japan Trade Deal, Says Deal With Indonesia Will 'Hopefully Be Wonderful For Both Sides'

During a press conference on Wednesday, President Trump spoke about trade deals with Japan and Indonesia.

Transcript

00:00Nice to see you.

00:03We've had a great weekend.

00:06And we, as you know, we made our deal with the European Union.

00:12The Japan deal is done.

00:15Many of the other deals are done.

00:18Indonesia was a very big deal, big country actually.

00:21And they're wonderful, hopefully wonderful for both sides.

00:26But it's literally trillions of dollars ultimately being brought into our country.

00:32And it was something that had to be done.

00:35And it is being done, and it's being done properly.

00:38We're now negotiating with various other countries.

00:41And the rest we're just sending out the bill, too.

00:45We send a bill, we send a letter saying that you'll pay a certain tariff.

00:50Obviously, that's most of them because you have, as you know, hundreds of countries,

00:55a lot of countries out there.

00:57So we look at the deficit or we look at the surplus.

01:02And we look at the country and how the country has treated us.

01:05And lots of other things go into the equation.

01:08And we make a decision as to what that tariff will be.

01:12And it's a pretty standard letter from that point on.

01:16And I want to tell you this is something to me.

01:19It's a VA bill.