https:/.../clip-2-copy_edit.mp4?rlkey=rfuz8l65nvd5urf4mxntqo7po&st=7xnbatig&dl=0
-
0:00 - 0:01Let me ask you about adversaries,
-
0:01 - 0:02because among Trump
-
0:02 - 0:03supporters is a view:
-
0:03 - 0:04Because Trump is so crude,
-
0:04 - 0:07so obnoxious, so overbearing,
-
0:07 - 0:08so insulting,
-
0:08 - 0:10he must impress the Chinese
-
0:10 - 0:11no end. That,
-
0:11 - 0:12that kind of—
-
0:12 - 0:13they must look at him and say:
-
0:13 - 0:14Here is one rough, tough guy who
-
0:14 - 0:15we better not fool around with.
-
0:15 - 0:16And, you know,
-
0:16 - 0:19Obama was so polite, and
-
0:19 - 0:21George W. Bush was so affable.
-
0:21 - 0:22We didn't,
-
0:22 - 0:24we don't respect them, but
-
0:24 - 0:25we can respect this guy.
-
0:25 - 0:27And the world,
-
0:27 - 0:27the world now
-
0:27 - 0:29fears Donald—fears
-
0:29 - 0:30to cross Donald Trump.
-
0:30 - 0:30What is your assessment
-
0:30 - 0:32of what the adversaries think?
-
0:32 - 0:34Well, China's laughing, okay?
-
0:34 - 0:37China is—
-
0:37 - 0:38plays a long game.
-
0:38 - 0:41They understand that in
-
0:41 - 0:42a trade war
-
0:42 - 0:43with the United States,
-
0:43 - 0:44in many ways,
-
0:44 - 0:46they have the upper hand. Why?
-
0:46 - 0:47In large part
-
0:47 - 0:49because they're not a democracy.
-
0:49 - 0:50And they can withstand
-
0:50 - 0:52economic pain, blame it—
-
0:52 - 0:54blame it on the United States,
-
0:54 - 0:56and their people will eat it.
-
0:56 - 0:57That's not going to work here
-
0:57 - 0:58in the United States.
-
0:58 - 0:58And plus,
-
0:58 - 1:00China is looking at the
-
1:00 - 1:03damage that we are doing to
-
1:03 - 1:05economies around Asia
-
1:05 - 1:07and seeing an opportunity
-
1:07 - 1:08for them to fill a vacuum
-
1:08 - 1:10in the bilateral
-
1:10 - 1:11trade relationship
-
1:11 - 1:12that we've left.
-
1:12 - 1:15Moreover,
-
1:15 - 1:17China
-
1:17 - 1:19played Trump's game with him,
-
1:19 - 1:20and he said,
-
1:20 - 1:22Trump said, you know,
-
1:22 - 1:22we're going to tariff
-
1:22 - 1:23you this amount,
-
1:23 - 1:24and China said, okay,
-
1:24 - 1:25I'll call you and raise you.
-
1:25 - 1:28And they went back and forth
-
1:28 - 1:32until it got to a crazy
-
1:32 - 1:33level.
-
1:33 - 1:34But the Chinese are
-
1:34 - 1:35not backing down.
-
1:35 - 1:36And the Chinese,
-
1:36 - 1:38moreover, are saying,
-
1:38 - 1:39beyond the trade room:
-
1:39 - 1:40We've got a whole bunch
-
1:40 - 1:41of non-trade things
-
1:41 - 1:41we can do
-
1:41 - 1:44to make your life miserable,
-
1:44 - 1:45Donald Trump.
-
1:45 - 1:45And that's
-
1:45 - 1:47when they went after rare earths
-
1:47 - 1:50and a whole bunch of of other,
-
1:50 - 1:52important
-
1:52 - 1:54products, commodities,
-
1:54 - 1:55that we depend on, that
-
1:55 - 1:58China only can provide.
- Title:
- https:/.../clip-2-copy_edit.mp4?rlkey=rfuz8l65nvd5urf4mxntqo7po&st=7xnbatig&dl=0
- Video Language:
- English
![]() |
rli edited English subtitles for https:/.../clip-2-copy_edit.mp4?rlkey=rfuz8l65nvd5urf4mxntqo7po&st=7xnbatig&dl=0 | May 20, 2025, 5:43 PM |
![]() |
creynolds edited English subtitles for https:/.../clip-2-copy_edit.mp4?rlkey=rfuz8l65nvd5urf4mxntqo7po&st=7xnbatig&dl=0 | May 20, 2025, 5:13 PM |