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  • 15 hours ago
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00:00Can you give us an update on the trade negotiations with China or perhaps like a great message?
00:03Yeah, I will. And I'm going to let Scott do that. But I think we're doing very well. I think we're
00:10getting along with China. China would like to have something. As of this moment, we'll be meeting in
00:15a couple of weeks. We'll be meeting in South Korea, myself. I think so. It looks like it's
00:21going forward. I think so. They want to meet. We like to meet. I have a very good relationship with
00:27President Xi and we're going to see what happens. But, you know, for years we were
00:32taken advantage of by China very badly. We were losing hundreds of billions of dollars a year to
00:39China. We we really built their military. If you think about it, the kind of money that
00:44presidents allowed to be lost to China was just insane. And then when I came into office, as you
00:51know, I put very severe tariffs. So we took in hundreds of billions of dollars in my first term
00:56from China. Biden let that go because there was so much he let it continue. But he gave
01:03all sorts of exceptions. And by the time you looked at it, Scott, I would say there wasn't
01:07it wasn't the same thing. He was he would give an exception for anything. If you got up and
01:13went out to dinner, he'd give you an exception. So it wasn't the same thing. But I put on very,
01:19very serious tariffs. So we took in hundreds of billions of dollars. And then we I left office.
01:25The election was rigged. I left office. And that was the story. Now I come back. And we
01:30are in a very strong position because of tariffs. We're in a very powerful position because of
01:36the fact that we have tariffs. If we didn't have tariffs, we would be in a very weak position.
01:41We would be in a weakened state. But with tariffs, we've made hundreds of billions of dollars,
01:47not only from China, but from others. And China wants to talk. And we like talking to China.
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