00:00China, 67 percent. That's tariffs.
00:03Where does this leave the 301 tariffs?
00:05Will China view this as retaliatory, given the fact that it seems like the relationship right now is stable,
00:09and you're in the middle of this detente?
00:12So, I haven't yet met a country where we've imposed tariffs and said,
00:15thank you, we love these tariffs.
00:17So no one really likes that, other than our workers and our industries.
00:23What the Chinese know, and what we've agreed,
00:25that there's going to be a certain level of tariff on the Chinese.
00:27So I think as we're rolling out and concluding different investigations under Section 301,
00:32which again, don't just target China, they cover other countries as well.
00:36I think the Chinese are going to be looking at what we're doing there,
00:39compared to agreements we've had in the past on certain tariff levels,
00:42and we'll just have to try to manage that.
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