it. i think that has had an impact on my relationship in terms of the border. i don t think it has the relationship i don t think it affects my feeling or relationship todent xi. when we first started, we weren t ready to go that route. as we have started preparing and getting ready to do that, it has had aim pan impact on the borde. i have to do it. for our country i have to do it. south korea will do whatever is necessary to get a deal done. if we don t trade, we won t trade. if they think and they would do this with our concurrence. if they can do work because we are far down the line. we are far. you know that document when you read it today, that is far down the line. that is not something that just happened to be put together. this was done over months.
i don t think it has the relationship i don t think it affects my feeling or my relationship to president xi but when we first started we weren t ady to go that route and as we started preparing and getting ready to do that i think that s had an impact on frankly the border which is a shame but i have to do it i have no choice. south korea will do whatever is necessary to get a deal done. if that means we can t trade, we won t trade. they re definitely not going to trade. if they think, and they would do this with our concurrence, if they think they can do some work because we re very far down the line we re actually very far. that document when you read it today, that s far down the line. that s not something that just happened to be put together. this was done over months. and, again, the rhetoric was
shouldn t be sanctions while negotiations are you should way d the south koreans are talking about restoring some form of trade so with all of those players appear to be moving toward eroding sanctions. how can you keep the sanctions regime in place. what leverage do you have on these countries? i think we have a lot. i think we have tremendous leverage. i believe that china despite my relationship with president xi, a man i have great respect fnd and like a lot. we re having tough talks on trade and i think that probably affects china somewhat but i have to do what i have to do and i think over the last two months the boarder is more open than it was when we first started but that is what it is. we have to do it. we had a we have a tremendous deficit in trade, commonly known as a trade deficit. we have a tremendous deficit in trade with china.
little bit how they were different but got along. steve bannon, this was pretty much his first appearance in public. abby: miss tier i can t say man in the white house. steve: people haven t heard him talk since the election. here he is laying out how the president of the united states is going to keep his campaign promises. he has broken them down into three big buckets. look at the lines of work. i break down the three verticals. three buckets the first is national security and sovereignty. that s your intelligence, the defense department, homeland security. the second line of work is what i refer to economic nationalism. that is commerce. steve mnuchin at treasury. light heiser at trade. peter navaro. peter miller. these people rethinking how we will reconstruct our trade arrangements around the world. the third line of work is deacon destruction of the administrative state. steve: that is really interesting. pete: all three of those,
moment, the car company announced they re going to mexico. it s out of control. it s out of control. so mexico is beating us at the border. they re beating us at trade. now, here is the story. mexico is making we have a trade imbalance. we ever an imbalance with mexico of over $40 billion a year. and that doesn t include drugs. the drugs, you can probably you can probably double it. who the hell knows. that s free of drugs. but the drugs p pour across. we have no wall and when we do have a wall, it s a little toy built by barren, barren strump. it s a toy. did you ever see the picture, a pretty famous picture where they have the wall and they built a ramp and they drive trucks loaded one drugs, they drive it right over the ramp. that s not a trump wall, folks. this is a big building. you see that ceiling?