Thank you very much. Thank you very much. You don't let me then make you the president, Madam First Lady.
You have ladies and gentlemen. And then it's usually just as he said, good afternoon if any of this G7 model just held. They did the drawing. And we've been discussing one or two things. Now, if you want to go back to you, but first of all, the Chandigarh President Trump took all of the heads of state and government is all present that. Extremely for sure. And a very productive discussions that we've had since Saturday evening together.
You know. There was a lot of what they said at the outset, a lot of expectations.
I don't think there's a lot of conflict.
And I can say that that some Tea Party could. You know what? We were really wanting to convey a positive and given a joint message.
What she did following the show, our discussion during the normal discussions on several top level, suddenly Christie comes in, you don't get you know, we haven't seen me in a very long time. And you would get just a one day declaration. We take it and there'll be a lot of different exposure to it. There's just one a one page that covers some of these from column item so that that level in effort. Now, I have decided to hold this conference on the floor with the President Obama and then proceed with their own press conference to do you know.
So where are you going to take place? But I just wanted to sum up the event. I tell him I'm pretty sure the number we have agreed to. We have made headway, biodiversity, digital economy along the post, amongst others. We will get a hold of this joint conference together because next year it is the United States of America that will host the summit. And we are going to pass the baton on to President Trump. And that is why we are together.
And I just wanted to say that over the last two days, we have worked a lot together.
Go, Mommy. I have several young men in common, not termites.
Well, we have a lot of things in common. But one thing we have in common with the president is they don't like to waste time and we like to achieve concrete results and provide momentum to cut down on the president's drive to raise the one to one issue we had together.
And I think that was an interesting conversation together. And from that point on, we all the the pay decision.
If you give the ball rolling to be more diplomatic possible to apply for liberty, you know, a few things that are expected from other countries as far as Iran is concerned, President Trump and myself on this issue after today had a majority.
But if you don't want to do that, had discussions in the last few weeks and the last couple of days. Do you agree that Iran gets to comply with its not their obligations and have responsible behavior in the admission without signal? Two very clear things. You have some nuclear. Iran should never have a nuclear weapon immediately and a situation should not threaten. The stability of the TV is on Iran's list of different initiatives. And I've always said we formed something on them to be able to tell you what you need to know that the US isn't making landed them in, Your Highness.
A lot of pressure is on a situation where it is indeed necessary to improve your dreams of operations that need to be coordinated. I felt that he was asked if the decision to bring together the Saudi Foreign Ministry, some farmers to bring everyone to Schimel had a militant group with the free farmers to tackle any Democrat, wrote Mahabir. Yes, it sort of. And I said, you know, I think there is a small set in stone that people have to move ahead to be together.
If I don't have any power, if this morning Romney said that he wasn't prepared to meet me, any political leader who in the interest of his country was I. And and that's what I told him. Sorry if I mentioned to President Rouhani on the phone. You know, if I agreed to a meeting with President Trump, it kind of conviction. We was in agreement, isn't it, from an elderly couple that at any age know the objectives. But we don't just wait at the table and make that happen.
So they both decided that in the next few weeks, if not months, we will be able to achieve and put the onus on me for the president. That's just not true. President Biden and president. Often lead on a journey that also have a role in your associations will also be facilitated by all these negotiations. I think that this is family. I just want to fully miss Nancy. A few days have provided information. This logically has been done between our minutes earlier.
So I don't mind I our ministers who have been totally involved in these discussions and have set the stage for the discussions and agreements.
Of course, I want to be very cautious and very modest. But tell me that this is going to lead to this if you don't have an end to escalation in reaching that sort of force. The discussions that we ran across be on Saturday. They tell that there had been very fruitful, older and healthier cities to ensure the stability of the region. They also nominate here is such that that Iran doesn't get a nuclear weapon and have more visibility than that, even as the greatest concern about a lot of analysis and maybe a lot of observations need to digest sales of that.
Should we can say that our discussions have a fighter?
What is it is inequality that was legitimate. And to watch that the United States has adopted a situation, do we have to go through this trade in the sophomore center in Nevada? You know, you don't get very good to have a good thing. It's not organization. And yes, just think it. But so far, he has not been very efficient in reliability. It has not been helpful in solving my basic medical care cut out to be a candidate.
And my friends in the end were protecting the intellectual property in our industry. But the discussions are under way, in particular between President Trump, the presidency and I've got the Daniels and we have an called his high level. Just recently there was a very recent security master agreement was reached. So we wanted to know if you could say anything grows that international community to revamp them. But so they think, you know, why you down to the issues that are protected and you know that the commission.
Yes, sir. You know, this is, you know, better to work together now as he did what he had, the mentals, a lot of nervousness, because I think it's understanding that if he really if I'm by some economic place, that if said or what about this business thinks that Francis impost and he's talking about the Van Cliburn I got in on the agreement.
And once again, the solid work that does make done upstream prime ministers has ever done has really helped us to make certain pleasant in our economies. V-6, very unfair situation where some players don't tax anywhere. You're living in some competition with other girls to manage people. Michel Martin Is that Donta 40 Palis, which leads to significant instability. Sipple shutting it down. Is this fair? It is not fair. You feel me pushing for international rules on those even and country through several rounds at any given.
The UK is getting better, so it has decided to do so at the national Nappanee. But it is not against any wickliffe company articulated just to solve the problem. In fact, a lot of French companies will also be impacted. It be hard on some of you have probably heard a two months ago that this is only on finding a solution because ultimately and goes to really internationally and then it's vital to get to the city to rebound from it. International this is within the framework of what combat harmful trade practices which are also harmful to the West.
And the most glaring example. I'm just going to tell you about a lot. So I naturally want to win and be here by pulling your colleagues behind her listeners because we're naturally a multilateral basis to find a solution together.
But if you stand out on a three day LaFalce International, the tax on details just Octopus's France will do away with it community, this exact outcome. How did you and to everything that is already done in Finland paid under the tax? This showed him will be reimbursed you to perform this radical idea. It must have been in mind because we're showing agreement. Just want honesty in order to explore more, get address, equal royalty, idleness, Finnell and situation.
Right now, something negative could lead to national title. You take what I think needs to be modernized. I think people work together on immigration on this. You need a little Syria from North Korea. I can't see any one page document that being funny said remotely, especially in terms of a unity. There are also some significant problems. And as far as the Amazonians, more region is concerned because there has been no president. But on our long term, I'll be sure, taken a very ambitious initiative.
The president's never presented this morning. You had the heads of state and the regional powers that we had offered as president a vision as well. I don't want to go into the details, but I just wanted to highlight these few things that I just mentioned. I just wanted to say we work together hand-in-hand with President Obama's two daughters. He said, I'm doing this. I. And I would like to thank all my colleagues, in fact, for this.
We have managed to reach that convergence at unprecedented levels of solving several issues. And now we're going to continue this work in the weeks or months to follow. You know, with a lot of young people getting North Korea knows about that. The president has made to the issue. There is also a sign of the agreement with China. And we're going to work hand-in-hand on all of the different issues of this election.
I would like to thank you, President Trump. Your I've been to the last two days. I would like to thank the first lady who was by your side and who has been very active on the other side by side with my spouses as well. And she does not in our country. She is in our country. And I think President Trump will be hosting the G20 summit next year. So I'm going to give him the floor so that he can tell us, you say, how you intend to organize the G7.
And I will be there and by your side. The same will and the same determination and the same desire for unity.
Thank you. I want to thank you very much. I think more importantly than anything, I wanted to come up here to say that because the job that President McCrone and your wife, by the way, who is a great lady, Bridget, would like to thank Bridget. She has been spectacular, spent a tremendous amount of time with Melania and some of the folks who came in, some of the wives that came in, and they had a great tour of the area.
And it's a beautiful area. But I want to thank you very much, Mr. President, for the incredible job you did. This is a truly successful G7. There was tremendous unity. There was great unity. Sometimes I'd read a little bit of false reporting. I will tell you, there was in fact, we were we would have stayed for another hour. Nobody wanted to leave. We were accomplishing a lot. But I think more importantly, we were getting along very well, seven countries.
And it really was the G7. And you have been a spectacular leader on this. And I want to thank you and I want to thank the great country of France. Thank you very much.
That I think she was. Go ahead. Let's go. No, no. I just want to say we will take two questions. OK. On each side, after a while, they will say goodbye to my friend center. I will leave the. In order for you to follow up. If you'd like, we could do to each. And then we leave the room. Would you prefer that? Or would you prefer to? I just don't want to have the president of France standing here while I'm answering these absolutely wonderful questions.
OK. So why don't we start with a question for France? Four questions. How about seven? And in US, good relations.
And Emanuels had had his own press conference after this event. So that'll be fine. Go ahead. To France, just to France. Thank you, Michael. Of course, there you go. President Macron, China was not on the official agenda, but it was certainly a big part of the discussions here at the G7. Are you concerned that the trade war exists now between the United States and China could harm the global economy? If you are, did you talk to President Trump about that?
And are you also at same time concerned that China's current trade practices go unchecked, that a decade from now we could be in a very terrible situation?
Well, on the subject, we obviously had lengthy discussions.
This is Sheila Link in an e-mail read Mission on the World Economy yesterday morning. So a decision on both subjects in history should be something cool.
Discussions underway with China and the United States on a key and vastly deserve just what you'd clearly see. Certainly, sir, which disturbed market investors during the negotiations to create inventions, which is the case of any discussion of views. You saw the difference in US markets, not just with literal, familiar issues.
Now the question is to know what the result of these discussions will be and some that I see.
And that's why second ago you said what we've been considered that it was so important an agreement, the P5+1 going in between the two greatest economic powers in the world. Come on. The case that President Trump clearly showed us. What do you see who arrive at? We saw just a few hours ago for the very positive and encouraging message that this will come from this. We see the things with the pitfalls. They cannot go deep. Wish is for any agreement to be found in the United States.
And China is turning to. Because I think there may be something positive for everyone.
He did it as an indication that the United States or China economic and is economically or industrially might break what it has to be a balanced agreement that will be good for everyone. You want to be football. And also you club world. Be vigilant to see that it's good for the world.
In that context, it is on constantly to different parameters will be taken on board.
And that was one of the engines of our economy. That's too bad for the world. It is under Sarkozy anyway. An agreement is a right that I think that it will dissipate here. That's what we discussed yesterday. I mean, that's the American presidents. The question is, in terms of trade practices, I said this.
And what the menu for many of the most effective way he left for what is the most strategic leader from a scientific mission in settling our trade relations with China officials is to develop this sexual exposition, but also to ensure that trade is part of international trade, the rules of the problems. We sometimes have good economic or very familiar with the Chinese economy. It's not a major economy anywhere. There's been lots of the U.S. down from eight European countries. Got it.
In Japan, the first problem is respecting intellectual property.
It's that modest capacity, dealing with excess capacity and difficulty. But if a time machine, which sometimes unbalances up money had well, the ability to deal with yet rapidly with conflict, we may have an unfair situation of his alchemy are obliged to say that when this type of trade happens outside of WTO rules, even still working very well and we're not properly protected by the WTO and the WTO rules as the president has allowed us to be protected on that subject.
So what we decided together yesterday morning was to accelerate with a very realistic agenda and say we're going to change the rules so that everyone should have free trade balance. Six of the subjects I've just mentioned have been bad for our economy. Got nothing that cannot be said in an international framework in which we wish your family to change the Navy and our defense ministers in a different context that we're putting forward. I want to share a little girls and my way of thinking with the way to deal with your practice, as you go mentioned, is definitely, certainly the positive agreement in the Senate that's going to be arrived at.
And also the renewal of our international trade rules, as we said yesterday.
President Trump. Are you satisfied with how far the proposed WTO reforms will go?
You know, I'm not spoken about the need for that. And second to that, we're getting there. You just answer that so we'll get there. Or do you believe that China is sincere about what it said this morning? Yes. You think that they are just trying to calm the markets and play for time? Because our sister network, the Fox Business Network, has been told by Chinese sources that they have no plans. I'm going back to where they were in terms of the negotiations this spring on intellectual property force, technology transfer ownership.
So we'll see. Can you trust that the. Sincere I do. I think I want to make you feel very badly. I think that was elevated last night very late in the night. I see an alert where you would call it breaking news. And it was that the vice chairman went to talking about somebody from China at a low level. The vice chairman of China came out. That he wants to see a deal made. He wants it to be made under calm conditions, using the word calm.
I agree with him on that. And China is taken a very hard hit over the last number of months. They've lost three million jobs. It'll soon be much more than three million jobs there. Jade is breaking a prayer chain is breaking up like nobody's seen before. And once that happens, it's very hard to put it back together. You understand? I think they very much want to make a deal. And the longer they wait, the harder it is to put it back.
If it can't be put back at all. So I believe they want to do a deal. The tariffs have hit them very hard in a fairly short period of time. The United States will have collected over 100 billion dollars in tariffs. And I say it again, the reporters fail to the media fail to acknowledge it. But if you look at the goods coming in from China, whatever about China and other countries, if you look at the goods, they have a power that others don't have.
But that power is only good for so long. They have manipulated their currency. They've devalued their currency. And they put a lot of cash into the system. And because of that, the prices have not gone up or they've gone up. It's been very little because they want to keep people working. Have the prices go up. Are going to be able to keep people working that are going to be able to compete. It's a brilliant market. It's a brilliant, brilliant market.
A world market. A lot of markets are brilliant. And frankly, I think that China cannot. I don't know. But maybe they can. Maybe they can't. I don't think they can do that. And I think they're very smart. And I think President Xi is a great leader who happens to be a brilliant man. And he can't lose three million jobs in a very short period of time. And that's going to be magnified many times over.
And it's going to break down the Chinese system of trade. And he can't do that. So when you say do you think they want to maybe they want you or maybe they don't, but I think they want to make a deal. I'm not sure they have a choice. And I don't say that as a threat. I don't think they have a choice. In the meantime, the United States, which has never collected 10 cents from China. Well, in a fairly short period of time, be over 100 billion dollars in tariffs.
So I think they want to make a deal very badly. Him.
Second question, because you don't match your conservative ministers, Jim. Mr. President, you've just as Georgian declared that you've created the conditions for a meeting between President Trump different from President Rouhani. Does that mean that France, for instance, might not be a mediator in that meeting? And more concretely, what did you discuss in terms of about possible agreement with him? Then a question from Mr. Trump. Who are you ready for the meeting to lift or to soften American sanctions on Iranian oil exports?
And would you be ready to meet President Rouhani?
Thank you. Zero point jump on the first question. The Lytell that it is crucial the tournaments of the discussion are quite simple and a go idea. Don't look agreement was signed in 2015, but kettle's you meet on July 14. You call it. Just be aware it set a goal. Agreement. They get on people in a community and they set forth guarantees from the international community, including the signal on the other, Iran would no longer enrich uranium or certain media its own time.
I'm simplifying, but I'm the twenty twenty five who give to you in exchange for reopening many economic sectors and massively investing. But it is largely made by the United States that Gorvy that agreement had a twofold that the security, stability and security in America and also reopening economic growth, which was good for Iran.
I believe this agreement also had drawbacks and shortcomings. French negotiator is willing to do that in it could have been the most.
You said that goal determined. And France was the country that hesitated to sign this agreement because we considered we needed to make guarantees. This Moussa and Trump during his county made a commitment to some good music. You don't produce more demanding and tougher because you consider this agreement was insufficient. Which I don't believe it is something we did today because of the sanctions made economy. I'm President Trump. He ran in a comedy format, is having serious consequences and a serious.
And that's the situation very clearly is the iceberg with the positive side of things. Say from one standpoint that's creating pressure and therefore the necessary conditions to improve the terms of an idea. On the other hand, it's leading to reaction around saying, well, we've signed are those who have signed do not risk waiting lists and are starting to enrich uranium and they risk that the moon and they're going to go against their will and leave the gypsy. So continuity does objective given the two goals that we have.
It was a we go and you're home for the Jimmy Carter to be sure that Iran would never get another weapon and that there will be no flare ups on the region. And so what we've discussed very concretely was to see how we could improve for here and move in equal or really, in fact, build a new nuclear agreement with Iran. That you don't. Somebody like President Trump was very clear. You're saying, no, you would need a much longer time frame for each of the year, that there needs to be more surveillance of many more sites.
And this is how we can build a much further reaching this agreement in terms of our security demands. It does not look good.
And on the other hand, you need to convince them that they don't the Iranians see an order to go in that direction. And we can do that.
We give them economic compensation of some form. Let's put it in the treaty. If we get some movement in terms of lines of credit or reopening certain economic sectors and we deal. I can tell you today. But could you let on details any more about this? Anything I will tell you in detail without them jeopardize the conference some of them are going to have. But this is basically we're not discussing the basis of our initiative. There's also a Japanese initiative and it's total transparency with the president.
But we actually don't know. You just go. I want us to go further in this realm or the need to make proposals.
If looking on at a given point in time, there will have to be a meeting between the American and Iran presidents.
And I would wish that in coming weeks at such a meeting take place, left horse and friends on a rogue nuclear button together with the other signatories, youth who are our partners.
And it would clearly. But after that, we created the necessary conditions to have the necessary visibility for this agreement to be signed and for this meeting with my friends, at least today.
So I would rather talk about concerted administrative exchanges rather than mediation because of the constant exchanges with President Obama. Well, sometimes we say don't agree on methods, but I want to get there. I want to have fun with you.
And I think there has been a true change. This morning, President Rouhani showed himself to be open to this meeting happening. And President Trump has been saying for weeks that he's being demanding, he's being tough, he's put forward sanctions, but I'm ready to have a meeting to make a deal. What's going on? And I think that we're making progress. I want this to happen. And I want an agreement that we have. The United States interacted with France and play the role that it's about to play together with the United Kingdom, with Germany and all the other signatory powers and the permanent members of the Security Council.
Iran is a country that is not the same country that it was two and a half years ago when I came into office, Iran was the number one state of terror throughout the world. There were 18 sites of confliction in my first week. When I spoke with the folks at the Pentagon, including lots of generals and lots of other military experts, 18 sites of confliction, meaning 18 sites of big problems. Every one of them was backed by Iran or in some cases actually using Iranian soldiers.
But at a minimum, Iranian wealth, much of it given. And the ridiculous deal where they were given. One hundred and fifty billion dollars plus one point eight billion dollars in cash. And they use that money for some bad purposes without being said. I think that Iran is a country of tremendous potential. We're not looking for leadership change. We're not looking for that kind of change. This country has been through that many times before. That doesn't work.
We're looking for no nuclear weapons, no ballistic missiles and a longer period of time. Very simple. We can have it done in a very short period of time. And I really believe that Iran can be a great nation. I'd like to see that happen. But they can't have nuclear weapons. I think.
It's me. If these circumstances were correct toward the right, I would certainly agree to that. But in the meantime, they have to be good players. You understand what that means and they can't do what they were saying they're going to do, because if they do that, they're going to be met with really very violent force. We have no choice. So I think they're going to be good. I really think they'd like and by the way, President McCrone told me every step that he was making yesterday, a lot of you said, oh, he came in and he told me long before he came in.
What was happening was I didn't think was appropriate to meet yesterday too soon. And things have to be worked out first. But President McCrone, tell me exactly what was happening, who was coming, what time they were coming, where they were going to meet. And after the meeting, he told me exactly what happened. And I think he had a very positive meeting. Prime Minister Abe of Japan, also a large purchaser of oil from Iran. He was also very much involved.
And, you know, look, he knows everybody there. So he was a very, very positive force. But I have to tell you, the president's done an excellent job and we're going to see how it all turns out. Maybe it works. Maybe it doesn't. I see it all the time about everything. Maybe it works and maybe it doesn't. But I'll tell you what. We made a ridiculously we gave 150 billion in 1.8 billion. And we got nothing.
We got nothing. And by the way, that agreement was so short term that it expires in a very short period of time with a country. You don't make a deal that short countries last for a long time. And, you know, do short term you especially when you're paying that kind of money. So I have I have good feelings about Iran. I have good feelings that it will work. I know many Iranians living in New York City have many friends from Iran.
They're incredible people, incredible people. So the last thing I'd like to see is a big problem. But we have to do what we have to do. OK. No, no, no. You first. Go ahead. Yes.
President McCrone, did you. Did you see President Trump's permission before you invited Foreign Minister Zarif or did you simply inform him that he was coming? Thanks for this very precise question. And let me be very clear. And we we are part of disabusing. We decided to remain as an adult. So we are very much interested by the situation as a sovereign country. That's why we want the different parties to move on the other side. As President, Trump made it very clear over the summer.
We never spoke on behalf of other countries. We just tried, tested some solutions and to see if we can find agreement with different countries. So we took an initiative this summer to make a proposal, a technical one.
I got a reaction from Iran's WHO President Xav visit on Friday and Friday morning in Burse. After that discussion we had at the G-7 dinner on Saturday evening, I thought that it was very clear about where we can go together.
So the day after I decided to invite friends. Minister Zarif. So I informed before making it. I informed President Trump that it was my idea not to involve the United States, not to see this is on behalf of you, of everyone, but to save our friends. I think it would be a good idea to ask him to go back and try to negotiate something separately. So I did it on my own. I informed before making it president fund, he was informed at each minute about the solution, the situation.
Right. And the idea for me was in case of. You'll move. An important move and appropriate solutions. Bruch to have meetings between ministers know that President Transglobal because President France levels present plenty. So this is my precise. This is a French initiative made by a clear information of the U.S. presidents before information as well of the sea Europeans. And each time I informed President Trump in order to monitor the situation and to appreciate together is something more was adopted.
I have to say the JCP away was a adeal. Should not have been entered into. Lot of things could have happened that would have been much different. They're allowed to test ballistic missiles. You're not allowed to go to various sites to check. And some of those sites are the most obvious sites for the creation of the making of nuclear weapons. And those things have to be changed and other things have to be changed. And I will tell you, I have very good feelings about it.
I think that we're going to do something. It may not be immediately, but I think ultimately we're going to do something. As they said, Iran is a much different country than it was two years ago. And we can get that back. And I encourage you actually at Friends years ago, many years ago, they were in the real estate business and they were in Iran and they were building houses and building housing and building office buildings and apartment houses.
And they did very well. They made a lot of money. And to this day, they're not exactly the youngest developers anymore. They started they were young when they were over there. They made a lot of money and they left the people and they loved what was going on. And it's a country with tremendous potential. I also say that, by the way, with respect to North Korea, Kim Jong un, we've gotten to know extremely well.
First lady has gotten to know Kim Jong un. And I think she'd agree with me. He is a man with a country that has tremendous potential. You read between China, Russia and South Korea. People want to get to South Korea. I got to get there somehow. And if they're going to do anything other than essentially fly. They want to go through. So railroads and everything. So many things want to happen there. I think that North Korea has tremendous economic potential.
And I think that Kim Jong un sees that he would be the leader. And I think he sees the tremendous potential that it's got with respect to Iran. Same thing. Iran has got to show people an incredible country, potentially location. That's a rough neighborhood. But eventually it's going to be a beautiful neighborhood. I think that it's going to be I think it's going to work out. And I really believe that those countries that wanted to the original deal that more and more are agreeing with what I did.
But I think those countries are going to be saying thank you someday. I hope they're going to be saying, including France, including the president, because I think we did the right thing. I know we did the right thing. If for no other reason, it's just too short. It's almost expired. You think about it. And somebody said, well, you'll go and make an extension. No, no. They are great negotiators. Look at what they did to get the deal.
Look at what they did to John Kerry and to President Obama. Look what happened when they're bringing plane loads of cash, planeloads, big plane 757s, Boeing 757s coming in, loaded up with cash. What kind of a deal is that? So I think a lot of good things are going to happen. And I just want to say this, because I've spoken a lot with the president this last two and a half days. We've never had a better relationship.
We had a lunch that lasted for quite a while. That many of you got to see was the two of us. No staff know anything. He wasn't trying to impress his people. I wasn't trying to his people. We were just trying to impress each other. And I'll tell you what, it was the best period of time we've ever had. And we accomplished a lot. I don't mean just gee whiz, wasn't that nice. He's a very capable man.
He's doing a great job for France. He did an incredible job for the G-7. And I just want to thank you and you go ahead to your news conference and a very special. This is a very special, very unified two and a half days. And I thank you for. Thank you. Thank you.
Thank you. I will leave before the personal funds to President Trump and I will. And wait for the end of your own press conference. Well, think you all that? That was it.
There's no easy feat on that show that I still miss you. I don't want to give anything away. We saw your daughter, the first lady, drink a glass of French wine yesterday.
So can you. So certainly, perhaps we'll see. Give up on your threats to put sanctions on French wines. Because if we've understood correctly, you have arrived at an agreement on taxing digital firms.
Could you confirm that there has been an agreement between you and France on taxing digital?
I can confirm that the first lady loved your French wine. OK. All right. You love your French wine. So thank you very much. That's right.
Thank you. Thank you. Yes, I. I will wait for the end of this press conference.
Does a press conference of the presidency, I believe. Thank you. Worse than you are. I can't believe it. Come on up. Billions and billions coming in and I think we're going to get there. I do. I believe it more strongly now than I would have believed in a while ago. We're going to get there and we're going to have a really we'll have a fair deal. But remember this, when you say fair, China's been taken out of this country.
Five hundred plus billion dollars a year for many, many years. Many, many years. It's time to stop. As a private person, I used to talk about it's one of the reasons I'm president and we're in a great position. Our country is doing well. Our unemployment numbers are the lowest they've been in over 50 years. Our unemployment numbers for African-American, African-American, Asian for Hispanic are the best they've ever been. Historic numbers. We're in a very strong position.
Our consumers are strong. Wal-Mart just announced numbers that were I mean, mind boggling numbers. It's a great poll, right? That's the ultimate poll. How are the retailers doing and how is certain certain companies doing? So we're doing very well. And I think that I think we're going to make a deal with China. And I think we'll probably eventually we're going to make a deal with Iran, too. Are you optimistic they'll change their behavior?
It's not a question of behavior. I think they want to make a deal. And I think they should make a deal. And I think if they don't make a deal, it's going to be very bad for China. And I very much appreciate the fact that they came out last night, very late last night, and they said, you know, they want to make a deal. They wanted to be under calm circumstances. It was a little different kind of a statement.
I thought it was a beautiful statement. I thought it indicated a lot. Go ahead. Here we go.
I actually have a question for you on next year's G7 summit. Can I just clarify something you said you mentioned earlier today? One question. Let me do the clarification on the question. I know you talked about one horse with China and a breaking news alert.
I'm sure to understand what specifically you heard from China on next year's G7. You alluded today dropped several hints about Miami, about Doral hosting next year's G-7, your property. What reassurances, if any, can you give the American people that you are not looking to profit off the presidency?
Well, I'll tell you what I've spent. And I think I will, in a combination of loss and opportunity, probably cost me anywhere from three to five billion dollars to be president. And the only thing I care about is this country couldn't care less. Otherwise I wouldn't have done it. People have asked me, what do you think it costs between opportunity, not doing things? I used see a lot of money to make speeches. Now I give speeches all the time in order to get zero.
And that's good. And I did a lot of great jobs and great deals that I don't do any. I don't want to do because the deals are making a great deals for the country. And that's to me much more important. Doral happens to be within Miami. It's a C. It's a wonderful place. It's a very, very successful area of Florida. It's very importantly, only five minutes from the airport. The airports right next door. It's a big international airport.
One of the biggest in the world. Everybody that's got me, all of these people with all of their big entourages come. It's set up. So. And by the way, my people look at 12 sites, all good. But some were two hours on an airport, some were four hours to Miami. That was so far away. Some didn't allow this or they didn't allow that with the rail. We have a series of magnificent buildings. We call them bungalows.
They each hold from 50 to 70. Very luxurious rooms with magnificent views. We have incredible conference rooms, incredible restaurants. It's like it's like such a natural. We wouldn't even have to do the work that they did here. And they've done a beautiful job. Really done a beautiful job. And what we have also is Miami and we have many hundreds of acres. So that in terms of walking, in terms of all of the things that you need, the ballrooms are among the biggest in Florida and the best it's brand new.
And they want that. My people wanted it from my standpoint. I'm not gonna make any money, in my opinion. I'm not going to make any money. I don't want to make money. I don't care about making money if I want to make money. I wouldn't worry about 3 billion to 5 million, because that's what I mean. At some point, I'm going to detail that and we'll show that. I think it's just a great place to be.
I think having it in Miami is fantastic, really fantastic having it at that particular place because of the way it's set up. Each country can have their own villa or their own bungalow and the bungalows when I say they have a lot of units in it. So I think it just works out well. And when my people came back, they took tours, they went to different places. I won't mention places, but you'll have a list because they're going to give a presentation fairly soon.
They went to places all over the country and they came back and they said, this is where we'd like to be. Now, we had military people doing it. We had Secret Service people doing it. We had people that really understand what it's about. It's not about. Me, it's about getting the right location. I think it's very important, Jonathan. Trying to go ahead, Jonathan. Thank you, Mr. President.
President McCrone said he'd like to see talks between you and President Rouhani within weeks.
Does that sound realistic to you?
Could you see your success in talks with Iranians with it? Well, I guess I don't know the gentleman. I think that I think I know a little bit just by watching over the last number of years what's happened. One thing is great negotiator. But he I think he's going to want to meet. I think Iran wants to get this situation straightened out. Now, is that based on fact or based on gut? That's based on that, that they want to get this situation straightened out, Jonathan, and they're really hurting badly.
Their inflation, as you know, because I saw you reporting on it there. Inflation is through the roof. Their economy has tanked entirely. The sanctions are absolutely hurting them horribly. I don't want to see that. I don't want to see that they break people. I don't want to see them. Well, we can't let them have a nuclear weapon. Can't let it happen. So I think that there's a really good chance that we would meet.
Thank you, Mr. President.
Another follow up from what the president of France said. He said that there might be a need for compensation to Iran.
Would you, given all the criticism you've made of the JCP away in the money that they got?
Be open to giving Iran compensation if it met some of the criteria that, you know, what he's talking in terms of compensation is they are out of money and they meet mainly a short term letter of credit or a loan. No, we're not paying. We don't pay, but they may need some money to get them over a very rough patch. And if they do need money, certainly and would be secured by oil, which to me is great security and they have a lot of oil, but it's a good deal.
So we're really talking about a letter of credit type facility us or from it would be from numerous countries in numerous countries.
And it comes back, it would be it would expire. It would be paid back immediately and very quickly. Yes. Go ahead, please. Yes.
Thank you very much, Mr. President. Know. Oh, I am OK with the thank. Japanese newspaper.
Now just left out.
Now the prime minister. I'll be darned. Great man. OK.
And the you know, the U.S. and Japan has have an agreement in principle, which is that it's a tremendous trade deal for the United States. So for Japan. Yes. I don't know.
So are you still considering imposing Section 232 tariffs on Japan's auto re exports to the United States on national security grounds?
Not at this moment. No, no, no. Well, that's one of the reasons we made the deal. But no, not at this moment. It's something I could do at a later date if I wanted to. But we're not looking at that. We just want to be treated fairly. You know, Japan has had a tremendous trade surplus with the United States for many, many years, long before I came in. And I'll tell you something, we're transforming our country.
We're taking this horrible, one sided, foolish, very dumb, stupid, if you'd like to use that word, because it's so descriptive. We're taking these trade deals that are so bad and we're making good, solid deals out of them. And that's transforming our country. That's that will be transformative and very exciting, I think, for a country. Very, very exciting. Please go ahead.
Thank you, Mr. President. Well, I didn't actually say I said the woman behind you. So what do we do her first? You've been asking a lot of questions all day long.
Thanks, Mr. President. You mean shouting?
Don't say I don't give you access. Thanks, Mr. President. Shaffner of PBS NewsHour. Yes. Why do you think it's appropriate to invite Russia to the G7 given that marathon, the 2016 election? Are you worried that if Russia does come to the G7, it might hurt you politically because it's only going to be a couple months before the 2020 election?
I don't care politically. A lot of people don't understand this. I ran one election and I one happened to be for president. I don't care politically. I'm going to run another election. I think I'm winning based on polls that we see, whether I win or not, I have to do the right thing. So I don't do things for political reasons. Is it good? Probably not. Maybe it is. I mean, a lot of people are smart.
A lot of people say having Russia, which is a power, having them inside the room is better than having them outside the room. By the way, there were numerous people during the G7 that felt that way. And we didn't take a vote or anything, but we did discuss it. My inclination is to say, yes, they should be. And they were really it was a president. I'm not blaming him, but a lot of bad things happened with President Putin and President Obama.
One of the things that happened was, as you know, what happened in with a very big area, a very, very big and important area in the Middle East where the red line was drawn. And then President Obama decided that he was not going to do anything about it. You can't draw red lines in the sand. You just can't do it. And the other was in Ukraine having to do with a certain section of Ukraine that you know very well where it was sort of taken away from President Obama, not taken away from President Trump, taken away from President Obama.
President Obama was not happy that this happened because it was embarrassing to him. Right. It was very embarrassing to him. And he wanted Russia to be out of the what was called the G-8. And that was his determination. He was outsmarted by Clinton. Was that smart? President Bush outsmarted President Obama. And I can understand how President Obama would feel. He wasn't happy. And they're not here for that reason. Now, I'm only thinking about the world and I'm thinking about this country in terms of the G-7, whether it's G7, G8.
I think it would be better to have Russia inside the tent than outside the tent. Do it live either way. Yes, we live either way. Is it politically popular for me to say that? Possibly not. I think a lot of people would agree with me, frankly, but possibly not. I do nothing for politics. I know a lot of you aren't. And you can smile at that. I do nothing for politics. I do what's right.
And people like what I do. And but I just do what's right. If I wanted to go strictly by politics, I'd probably pull that and possibly I'd say, oh, gee, I don't want I don't want Russia in. But I really think it's good for security of the world is good for the economics of the world. Remember, they're building a big pipeline in Europe, going right up to Germany. And I said to Angela, I had a great relationship, but I said, you know, you pay Russia billions of dollars and then we defend you from Russia.
Why NSA? How does that work?
Leading statement that Russia outsmarted President Obama or other countries that said that the reason why Russia was kicked out was very clearly because they annexed Crimea. Why keep repeating what some people would see as a clear lie?
Why it was annexed during president. I know you like President Obama, but it was annexed during President Obama's term. If it was an extra in my term, I'd say, sorry, folks, I made a mistake. Sorry, folks. President Obama was helping Ukraine. Crimea was annexed during his term. Now, it's a very big area, very important area. Russia has its submarine. That's where they do their submarine work. And that's where they dock.
Large and powerful submarines, but not as powerful as ours and not as large as ours. But they have the submarines. And President Obama was pure and simply outsmarted. They took Crimea during his term. That was not a good thing. It could have been stopped, could have been stopped with the right whatever. It could have been stuff. But President Obama was unable to stop it. And it's too bad.
As the G7 host next year, you were allowed to invite other countries to contest countries, even though they're not necessarily part of the overall group. Would you consider inviting Vladimir Putin?
I don't know that he'd accept it as a tough circumstances. He was a part of G A and all of a sudden he's not out or is not in. So I think, John, actually, that's a pretty tough thing for him. You know, he's a proud person. Well, I invite him. I would certainly invite him whether or not he could come. Psychologically, I think that's a tough thing for him to do. You have a G-8 now.
It's a G7, and you invite the person that was thrown out really by President Obama and really because he got outsmarted. President Obama, pure and simple. And don't forget, it was not just Crimea. It was the red line in the sand. And Obama said, never violate the red line in the sand. And then they went ahead and they killed many children with. Yes, it was terrible. And he did nothing about it. I did.
But I was there years later. I did something about it. But it was their legacy.
Thank you, sir. Can you help us understand the timeline on the China calls? Were you referring to the statement by the vice?
Well, we've had many calls or Secretary Manoogian is here. Then you've had many calls over the last 24 hours. But certainly over the last 48 hours, we've had many calls, not just one. This isn't one. And these are high level calls. They want to make a deal. And by the way, I think it is going to be made that they want to make a deal.
So the Chinese are saying that there weren't any. The Chinese are not saying that she's willing. Let me fly something. A vice chairman of China. You get higher than that. Other than President Xi, the vice president, the vice chairman, the vice president, the vice chairman made the statement that he wants to make a deal and he wants to see a comment. So he wants it all to happen that says that they don't want to talk about, you know, he's also reporting before what?
We can't find any phone call. He released a statement. I didn't really set. He released a statement.
But they're working closer with the president. There were numerous calls. And not only was Steve, there were calls with other people to see him, said Chen wants to make a deal. Now, whether or not we make a deal is going to be a great deal for us. You know, and I tell this to President Xi, who I really respect. I really do. I have great respect. And I like him, too. He's a tough guy, but I have a lot of feelings for President Xi, very upstanding in so many ways.
But I told him very strongly said, look, you're starting up here and you're making five hundred billion a year and stealing our intellectual property. We're down on the floor, lower than the floor. It's a 50/50 deal. This has to be a deal that's in there for us. And if it's not better, let's not do business together. I don't want to do business. Forget about tariffs for a second. We're taking in tremendous amounts of money.
Forget that. I don't do business now. Well, I raise and he raises. I raise and hear it. We can never catch up. We have to balance our trading relationship, at least to an extent. And they were unwilling to do that. And we'll never have a deal if that happens. But it's going to happen because they have to have a deal. And as far as phone calls are concerned, Secretary of the Treasury and other people have been receiving many calls, not receiving back and forth because China wants to make a deal.
And if we can, we will make a deal.
Sir, Mr. President, if I could ask you a little bit about your China strategy. Is it McCrone talked a little bit about instability and the worry in the markets and around the globe about instability. One of the things that that comes from, as you talked to me, is talking about global economic instability.
Right. I don't consider what is a business problem is the back and forth and the changing statements from yourself so that, well, sorry if the way I negotiate.
So my question is, is that the strategy is it the strategy to call President Xi an enemy one day and then say that relations every now and then, you know, it's gone the way I negotiate, it's done very well for me over the years and it's doing even better for the country.
I think talk a little bit.
I do think and I do think that, look, here's the story. I hear people say, oh, just make a deal, make a deal. They don't have the guts and they don't have the wisdom to know that you can't continue to go on where a country is taking 500 billion, not million. Five hundred billion with a B out every single year. Five hundred billion dollars. You just can't do that. Somebody had to do this. They should have been done by President Obama.
It should have been done. And Biden, sleepy Joe. It should have been done by other people. It should have been done. It should have been done by Clinton. W. Bush should have been done. I'm doing it. Let me tell you something else. North Korea should have been done a long time ago. I'm doing it. I'm doing a lot of things that I shouldn't have to be doing as president to replace the hapless.
Apathetically. SkyNews President Trump, you've met on your prime minister, Boris Johnson yesterday, as you said, he was the right man for the job on Brexit.
I believe that. Do you think Theresa May was the wrong woman? And do you think that Boris Johnson can actually get a deal with the EU before October the thirty first?
Walters who wasn't able to do the deal? I gave her my ideas as to doing the deal very early on. You possibly know what they are, but I would have done that. She chose to do it her way and that didn't work out so well. I think she's a very, very good person and a good woman. And I really believe that Boris Johnson will be a great prime minister. You know, we like each other and we had a great two and a half days.
I've been waiting for him to be prime minister for about six years. I told them, what took you so long? I think he's gonna be a great prime minister, and especially after spending a lot of intense time with him over the last couple of days. He's really a he's very smart, he's very strong, and he's very enthusiastic. And, you know, does he loves your country? He really loves your country. That came out maybe more than anything else.
Sharpless. Young ABC News President Trump. Boris Johnson is very keen on a trade deal with the USA. USA keen on it too. Some of his critics are worried that you're going to do over the UK.
No, no. I love the UK. I own great property in the UK. I love the UK. I have no idea how my property is doing because I don't care. But I own Turnberry and I own in Aberdeen and I own and Ireland, as you know. Doonbeg in great stuff. And I'll be honest with you. I think I think that I think he's going to just do a great job as prime minister, you know, takes a lot.
It's so many different elements to being a great prime minister and you needed him. I just think his time is right. This is the right time for us. Is the right time for Boris Shipler, Sky Radio.
Say who you with, which group has them from ITV in the UK? Well, you've obviously got a good few days with President Mackle, who you appear to be doing business with.
Back to your favourite question after Brexit.
Who do you think will be your more important relationship? President mackall France or the EU or Boris Johnson, Prime Minister of the United Kingdom?
I think we're going to have just. France is a great nation. It's being run. A lot of things that are happening. You know, it's not easy what he's doing. He's changing certain ways. It's a very hard thing to do. I will get into it. And we let him sell his ideas. But a lot of people don't disagree with his ideas. But it's a very hard thing to do if you're a great citizen of France. You love your country, but you want to do the way you've been doing it for a long time.
But maybe that's not working and maybe they have to do what he has to do. I think he's going to do a fantastic job. But it's very tough for him. I know how tough it is for him. He's been having a hard time and nobody would have an easy time. But I do believe he's doing the right thing. Boris is different. It's a different kind of a deal. Boris has to try and do something with Brexit. It's very tough.
I deal with the EU. The EU is it's a very, very strong group of people. They have their ideas and they're not easy to deal with. I will tell you, we're very close to making a deal, by the way, with the EU. I have to say this. We made a great deal with Japan and we're very close to maybe making a deal with the EU because you one tariffs is very simple. They don't want to tax cars.
Mercedes Benz, BMW. They don't need a 20 percent or 25 percent tax. But we're very close. I think we've got to make a deal with the EU without having to go that route. And we have to go that route. But maybe not. We're going to have a deal, a really fair deal, but the EU is another one. We've been losing 180 billion dollars a year for many years. That's a lot of money. How much can you take out of the piggy back?
Which alliance will be more important with the EU or with Britain?
Both. I don't want to say which. Look, I think that I think that the I think we have been with I guess you would start off by saying England trade is more is with England. What's happening with England? They don't use it too much anymore. We talked about it was very interesting.
But the United Kingdom is a great, incredible place. It's an incredible nation. And it's been one of our tremendous allies. And another one happens to be Australia. He was here also Scot. He is fantastic. In fact, we're honoring him in Australia, at the White House in a very short period of time. But I think that she's met at some point that well, at some point there were also Germany. Angola asked me to visit Germany, going to be there doing that, too.
So I just think they're very different and they're going to be going at it for a little while. But ultimately, probably it works out. They may have to get out. They may not make a deal. The European Union is very tough to make deals with. Very, very tough. Just ask Theresa May.
You must go with this as it presses, hoping you could clarify. Last year you left this summit in Canada. Feuding with summit host this year, I think to me it seemed to be a little bit different. You're talking about unity hug with a back on the stage. What's different? And also, as President Grant said, he's passing you the baton now leading this multilateral institution. You ran on a platform, America first. What is your now?
You said you have a mandate for the next committee. What are you going to do with it?
Well, we actually had a very good meeting. I had it out with one or two people where we disagreed in terms of concept, but we actually had a pretty good meeting last year. I would say that this was a big step above in terms of unity, in terms of agreement. We have really great agreement on a lot of very important subjects. But last year was good also. I mean, last year was good also. I think last year might have been a little bit underrated.
You know, go ahead of the G7 presidents and what you do with it.
What was you what's your agenda? We're going to do something hopefully special. We're going to build on what we have now. We built on something really good. We're going to be going in with some great unity. We're ready. If there was any word for this particular meeting of seven very important countries, it was unity. I think most important of all, we got along great. We got along good.
But. Thank you very much, Mr. President. Change, shall we, Shanghai Media Group. You just mentioned that Chinese vice premier. You say China is willing to resolve this issue through calm negotiation.
I didn't say he did. Yes. Yeah. And will the U.S. negotiate in the same manner? Yes. And also the other she has an easy answer.
So the U.S. will negotiate in the same manner. Absolutely. Great respect for China. Great respect for the leadership of China. Absolutely.
And also the other question is that you say you definitely will invite Putin to join next year's summit.
I haven't said that. But I think that having President Putin in what was the G-8, he was a member of the G8. And I heard he was a a good member of the G8. Having him in, I think, is more of an advantage. I think it's a positive for the world. I think it's a positive for Russia. I think it's a big positive for Russia. And it's something the group is discussing. They are discussing just a few hours.
People feel very much like me. Many people, parties.
You also go Russian foreign ministers saying that it's not their foreign policy pursued to return G-8. What's your reaction?
Well, you know, we'll see. I know one thing. If they were invited back, I think they'd be there. If they weren't. That's OK, too. I just think they'd be better inside and outside. I mean, as I said before, I really do. I think they'd be an asset. I think it would be a good thing. You know, some of the things we're going in the Roman and YESSIREE in particularly we were discussing four or five matters and Russia was literally involved in all of those four or five matters.
And a few of the people looked up and said, you know, why aren't they here talking to us about it? What do we do now? Go home. Take it easy for a day. Although I'm not doing that, I don't think it is. But what do we going to go home and start calling them at the end of the week and say, hey, how about this? I've been in the room. We had numerous things that we were discussing.
Numerous know a lot of things that we were discussing. And it would have been very easy if Russia was in there, if he was in the room, we could resolve those things. Now they're just in limbo. But I have to say, with all of that very little, little amount, but somebody was speaking about some things and frankly, they're not very complicated. But it would be easier if they were in the room. Thank you, Josh.
. Go ahead, Josh..
Mr. President, there was a significant talk at the summit about climate change. I know in the past you've offered some skepticism of the science and climate change. What do you think the world should be doing about climate change? Do you still harbour that skepticism?
I feel that the United States has tremendous wealth. The wealth is under its feet. I've made that wealth come alive. We will soon be one of the. We will soon be XCOR. In fact, we're actually doing it now exploring. But we are now the number one energy producer in the world. And soon it will be by far with a couple of pipelines that have not been able to get approved for many, many years. It will have a huge impact.
I was able to get NYR in Alaska, could be the largest site in the world for oil and gas. I was able to get NYR approved. Ronald Reagan wasn't able to do it. Nobody was able to do it. They've been trying to do it since before Ronald Reagan. I got it approved were the number one energy producer in the world. Soon it will be by far the number one. It's tremendous wealth and LNG is being sought after all over Europe and all over the world.
And we have more of it than anybody else. And I'm not going to lose that wealth. I'm not going to lose it on on dreams, on windmills, which frankly, aren't working too well. I'm not going to lose it. So just in a nutshell, I want the cleanest water on earth. I want the cleanest there on earth. And that's what we're doing. And I'm an environmentalist. But people don't understand that I have done more environmental impact statements probably than anybody.
That's I guess I can say definitely, because I done many, many, many of them more than anybody that's ever been president or vice president or anything even close to the president. And I think I know more about the environment than most people. I want clean air. I want clean water. I want a wealthy country. I want a spectacular country with jobs, with pensions, with so many things. And that's what we're getting. So I want to be very careful.
At the same time. At the same time. At the same time. You weren't called at the same time. It's very important to me. Very important to me. We have to maintain this incredible this incredible place that we've. Lobell We've become a much richer country. And that's a good thing, not a bad thing, because their great wealth allows us to take care of people. We can take care of people that we couldn't have taken care of in the past because of the great wealth.
We can't let that wealth be taken away. Clean air, clean water. Thank you very much, everybody. I appreciate it. Thank you. Thank you. You didn't have to worry.