00:00There was a hot lake moment at the G7 where the Canadian Prime Minister was talking to you about their
00:04Chinese car cap, and he said you said you like it.
00:08Can you comment on that?
00:09I like what?
00:09The cap that Canada put on Chinese car imports. You were talking about it with Carney. What do you think
00:15of that?
00:16Well, I don't know that I said I like it, but I could understand that, yeah.
00:18Is that a fact?
00:19A cap? Would I rather see a cap than no cap? Yeah, I would. On Canada.
00:25Would the U.S. ever consider allowing Chinese cars?
00:27Well, we haven't. They pay over 100% tariff, so we don't have the problems that Europe has or Canada.
00:34How long do you hope USMCA negotiations or review go on?
00:38Well, it's not something that's, to me, I think it's better without it, I mean, to be honest with you.
00:43I'm not a big fan of it.
00:45I liked it because it got us out of NAFTA. In other words, after six years, you had to close
00:50it. It got us out of NAFTA.
00:52That's the thing I liked about it most. We do better without an agreement.
00:56Do you want to just leave it enrolling?
00:58I would rather leave it unsigned. I'd rather have it terminated.
01:02You'd rather have it terminated? Well, those are different things, sir. I just want to be clear.
01:05I would rather not have the agreement, but I may sign it.
01:08Right.
01:09But I would rather, we do better as a country if we don't have an agreement.
01:12So are you thinking of not having it?
01:14Maybe we won't be able to make a deal.
01:16I would rather not have the USMCA.
01:19The primary reason I wanted it was because there was no way out of NAFTA, which was the worst trade
01:24agreement ever made, like ever.
01:27And they had no termination.
01:28And it was very hard to get USMCA for that reason.
01:32And I had a six-year close.
01:33Who would have thought I would have been here in the six years?
01:35They got it six years because they hoped I wouldn't be here.
01:39My term was supposed to be over with.
01:41So on top of everything else, it comes to...
01:44I would prefer not having an agreement, but I'm open to doing it.
01:48We'll see what happens.
01:49So as of now, it's just going to stick around for 10 years.
01:51You're okay with that?
01:52No, it's not sticking around.
01:53It'll be terminated.
01:55After a decade.
01:56It expires.
01:57Yeah, in a decade.
01:58It expires.
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