>> the trade deficit, very dear to my heart because we've been ripped off by the world. as we all know, america has a huge annual trade deficit with china. with mexico. with japan. $60 billion. $69 billion to $100 billion a year. a number beyond anything what anybody would understand. the days of the united states being taken advantage of are over. >> now, look, part of the reason for the trade deficit is that china and these other countries make a lot of cheap things that we import, and what we export happens to be more high-value goods. so there's a little bit of an imbalance, but when you look at it on a value basis, we're doing well. but the imbalance is still real, and it's gotten worse despite what we assumed were the president's best efforts or maybe because of them. take a look at the new data. this is from the census bureau. it shows the deficit hitting a ten-year high in 2018. it's up $100 billion since he