12 billion the year before that made them whole. that was the amount of money that china didn t invest to our farmers. give to our farmers. the farmers have been amazing. but they are very happy with the job we are doing. eventually they will be one of the biggest beneficiaries. did you make it to the climate session? i m going to it. in fact, it s going to be our next session. we haven t had it yet. any want to deliver. i want clean air and clean water. and we are right now having the cleanest air and cleanest water on the planet. but that s what i want. i want absolutely clean air and clean water. mr. president, comment about wanting calm. i wonder if you can clarify what you meant about the calls. we have had calls at the highest level but i don t want to talk about that. the vice chairman put out a
let s take a look at the markets this hour. strong day. another 1.5% gain. the president has said he s delaying some tariffs on chinese imports. things like phones, 10% that were going to go on that until december so it doesn t impact christmas shopping. this is why this matters. the president has said all along, china, china is paying the tariffs. if that were true then what does it matter? why on earth would the president be delaying these tariffs because of the christmas shopping season? if china is paying for it y does it matter? the president is proving a point that it s the u.s. importers that pay the tariffs. and us, ultimately. they ultimately pass that down to the consumer. so while the president can help farmers and give them a farm aid package when they have to face the brunt of the tariffs, he can t exactly do that for all u.s. importers or consumers. so you re seeing the market respond positively. and the other thing to point out, china didn t ask him to do
lowest ever. we have the lowest unemployment rates ever. we have today, just saw another report, the most people working in the history of our country working today. really great. mike, look at that. that s pretty good news, right? so our nation will always be proud of the unmatched grit and faith and skill of the american farmer. it s my honor to do what we did. i want to thank sonny purdue and all of the people that work so hard on getting this done. billions of dollars are flowing into our treasury that we saw before. we never saw ten cents from china. china didn t give us anything. now they re giving us billions. some of that money will go to the farmers to help them out during a period where trade has been very unfair to them. so i m very honored to have done this for you. i don t consider it a gift at all. it s not a gift.
the inf treaty has been developing missiles of similar range and capability on their own. the argument that the administration is making is, look, the treaty binds us. it s not binding russia. they re violating it. it keeps our hands tied in meeting the threat from china. it s about both. one of the questions you could ask and this gets to china, the idea that china is doing this in a way that the united states can t stop it is what is the use of a bilateral treaty, a bipolar treaty and a multilateral world? it s a great question, john. you have to remember the time and space in which the inf treaty was signed. 1987, ronald reagan, height of the cold war. there was only one other nation state on earth that we needed to protect against these kind of missiles. that was the soviet union, now russia. china didn t have the capabilities, the economic and military power that would have allowed them to develop it back
technology and artificial intelligence make it possible but george soros warns that this is technology in the wrong hands in his speech in davos he called on the western world to take action against china s growing influence. china is known to the only. theist strongest and most developed in machine and. this makes xi jinping their moves doing dangerous and those who believe. it s an accusation that china didn t leave unanswered after all the countries making every effort to be perceived as a reliable trading partner. this is