the agreement we hope to have assigned some time before it chili. we ll probably sign over there, assuming he gets finished up, which we think it will. there s a lot of goodwill between united states and china over the last period of time. so we are signing from $40.000000000 to $50 billion it was incorrectly reported in the press, shockingly. that will take place. it s already started taking place. they are already purchasing a lot of farm product. all of the banking regulations and all of the financial services, all the other things that are included, there are many other things in phase one that i won t talk about now. all of that is moving along rapidly. bob lighthizer is with us someplace here, and he is in the process of getting it completed. we have a great staff of people working on both sides. as your president, it is a true pleasure to host you in our nation s capital. you and your family, and you are deeply personal relationship to your country. you love your country so much
president trump: i think so. we had a good meeting. he wants to make a deal. i want a deal. we have had the largest deal of any kind, not only trade. we got away well. we understand each other. he is going to start buying a lot of farm products which is great for the farmers while we negotiate. i m going to not increase the tariffs which i could do. there is a lot we can do. we are going to put our teams together and continue a great negotiation. i think we can do something that will be historic. but we ll see. we ll see. i m in no rush. we have a situation that works very well for us. i m sure he is happy. what we are going to do is they are going to buy farm product. we are not going to increase tariffs at this moment. we ll see what happens with the negotiation. but we had a good meeting. tucker: do you thousand your political opponents in the u.s. are on your side in this negotiation? president trump: i think they are, actually. i think they like the fact that i charged tarif
are you closer to a trade deal? president trump: i think so, we had a very good meeting. he wantsar to make a deal and i want to make a deal. we got along very well, he s going to start buying a lot of farm products which is great for farmers while we negotiate and i m going to not increase tariffs which i could do.re i have a lot we could do. and we will have to put our teams together and continue the great negotiation. i think we can do something thae will be historic, but we will see. i m in no rush. we have a situation that works very well for us and i m sure he is happy. what we are going to do is, they are going to buy a lot of farm product or increase tariffs at this moment and see what happens with thed negotiation. do you think the political opponents are on your side in this negotiation? president trump: i think they are.
but we ll see.we we are going to see. i am in no rush. we have a situation that works very well for us and i m sure he s happy. what we are going to do, theyy are going to buy a lot of farm product, they are not going to increase tariffs at this moment, and we ll see what happens with a negotiation. we had a very good meeting. tucker: do you think your political opponents of the u.s. are on your side in this negotiation? president trump: i think they are. i think they like the fact that i charged tariffs. look, china has been beating us badly for many years. president obama did nothing, or biden. i don t think i even have to say that anymore. they did nothing. neither did, and all fairness to president obama, nobody dead. it was crazy. we had a deficit last year of $506 billion billion with a b. you mean 500 million? no, $506 billion. this has been going on for years and years. we rebel china, we give them a
only stay but maybe they have access to green cards. we want to keep them here. we re holding on tariffs. they ll buy farm product. that could happen. this doesn t mean there will be a deal. they would tlik make a deal. i can tell you that. if we can make a deal it would be historic. we have never had a deal with china. we have tremendous deficits. tremendous amounts of money was put into china. 500 million a year. not just surplus and deficit. i m talking about real, hard cash. it should have never been allowed to happen for the presidents over the last number of years. go ahead, please. from the voice of america.