Trump on China Trade Talks: ‘Not Easy'

Bloomberg

4 hours ago

00:00
We are doing. Well with China. China's not easy. Just like. Just like here. Your home country is not easy there. I think we're doing very well there. Over there now. I'm only getting good reports. It's a little early, but they'll be calling in soon. In fact, probably when I get back, I'll have my first call from them. We want to open up China. And if we don't open up China, maybe we won't do anything. But we want to open up China and it'll be a great thing for China, a great thing for the rest of the world. To lift export controls when it comes to China, did you give your negotiators any sort of limitation to say, look, China has been ripping off the United States for many years. Nobody charged them $0.10. No president had the courage to charge China for whatever reason. They didn't want to do it. I took in hundreds of billions of dollars. I put on tariffs on China when I got in first term and we took in hundreds of billions of dollars. And then I did it again. But I did it for a lot of others. You look at the stats. The deficit last month was cut in half. Everybody was shocked. I wasn't shocked. I think a lot of the people at this table weren't because they saw the billions of dollars that were pouring in and the tariffs hadn't even started yet. Just about there weren't cars. They were in some countries at a very minor level. And we cut the deficit in half. And it was a big story a couple of days ago. They said, I don't believe one of the announcers on a business network went wild, said, I can't believe these numbers. Those numbers are good. The numbers are going to be very good. I think we're going to have a great four years.