Latest / THE DAILY BRIEF / Trump admin draws red line with China 'COMPLETELY UNACCEPTABLE'

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Trump admin draws red line with China 'COMPLETELY UNACCEPTABLE' · THE DAILY BRIEF

• 0:03
  Speaker 1: President Trump now on the ground in Malaysia, the first
• 0:06
  Speaker 1: leg of a high stakes tour. Trade of course at
• 0:09
  Speaker 1: the top of the President's agenda, with this trip expected
• 0:12
  Speaker 1: to culminate in a summit with Chinese President Jijin Ping.
• 0:15
  Speaker 1: US Trade Representative Jamison Greer joins us a little bit
• 0:18
  Speaker 1: earlier to preview the rest of the trip.
• 0:21
  Speaker 2: Ambassador, Welcome to Fox New Sunday.
• 0:26
  Speaker 3: Thank you, thanks for having me.
• 0:27
  Speaker 2: All Right, So, news.
• 0:28
  Speaker 1: Trickling out this morning very early says that you and
• 0:31
  Speaker 1: your Chinese counterparts have at least reached the contours of
• 0:33
  Speaker 1: a deal.
• 0:34
  Speaker 2: It goes to the leaders.
• 0:35
  Speaker 1: Now, how close are you to getting this across the
• 0:37
  Speaker 1: finish line.
• 0:40
  Speaker 3: Well, it's really going to depend on President Trump and
• 0:44
  Speaker 3: President She. We've had very constructive conversations yesterday and this
• 0:49
  Speaker 3: morning to find a path forward where we can have
• 0:54
  Speaker 3: more access to rare US from China, we can try
• 0:57
  Speaker 3: to balance out our trade deficit with sales from the
• 0:59
  Speaker 3: United State States, and we can have what I would say,
• 1:04
  Speaker 3: you know, continued pause on some of the actions we've
• 1:06
  Speaker 3: taken against each other.
• 1:07
  Speaker 1: So part of what China would do with respect to
• 1:10
  Speaker 1: the rare earth is they were to require exporters anywhere
• 1:12
  Speaker 1: in the world starting in December to seek approval from
• 1:15
  Speaker 1: Beijing to sell products or components that include Chinese rare
• 1:19
  Speaker 1: Earth's or were made with Chinese rare Earth's related equipment.
• 1:22
  Speaker 1: Obviously gives them quite a bargaining chip in these conversations,
• 1:26
  Speaker 1: but news coming out this morning says that there is
• 1:28
  Speaker 1: some deferral or an understanding for hope of deferring that
• 1:32
  Speaker 1: particular problem.
• 1:36
  Speaker 3: Well, I won't comment too much on the details, but
• 1:39
  Speaker 3: I will say that our goal is to make sure
• 1:41
  Speaker 3: that those controls that are very expansive do not go
• 1:45
  Speaker 3: into effect. This is something that wouldn't affect that would
• 1:48
  Speaker 3: affect not only the United States, it would also affect
• 1:51
  Speaker 3: the rest of the world. It would come up trade,
• 1:54
  Speaker 3: it would give the China control over technology transactions. It's
• 1:58
  Speaker 3: completely unacceptable. One of the major objectives of these talks,
• 2:02
  Speaker 3: and I think we're progressing toward that goal very well.
• 2:05
  Speaker 1: So President Trump has said the first thing he wants
• 2:07
  Speaker 1: to talk about with President g is the issue of fentanyl.
• 2:10
  Speaker 1: China says that it has been working with the US
• 2:13
  Speaker 1: and international players on that issue, and essentially that the tariffs,
• 2:17
  Speaker 1: the pressure on China with regard to fentanyl or quote
• 2:20
  Speaker 1: just a pretext. I understand that has been discussed.
• 2:23
  Speaker 2: What can you tell us on that front.
• 2:27
  Speaker 3: Well, first of all, none of it is a pretext.
• 2:30
  Speaker 3: Fentanyl is a scourge in our country. It's been well
• 2:32
  Speaker 3: documented killed hundreds of thousands of Americans, and a lot
• 2:36
  Speaker 3: of the inputs come from China. So that was certainly
• 2:40
  Speaker 3: part of our discussions over the past two days, is
• 2:42
  Speaker 3: how we can work better with China. If China can
• 2:45
  Speaker 3: control rare earths and other things, that can certainly control
• 2:48
  Speaker 3: fentanyl and the imports for fentanyl. So I think if
• 2:51
  Speaker 3: there's a path forward for China to do better on
• 2:55
  Speaker 3: controlling those products, then there's a path forward on the
• 2:59
  Speaker 3: West side with respect to the trade treatment for China.
• 3:02
  Speaker 1: Soybeans also a huge issue. Bluemberg reporting this, saying a
• 3:07
  Speaker 1: country that last year purchased thirteen billion dollars of US beans,
• 3:11
  Speaker 1: more than twenty percent of the entire crop for animal
• 3:13
  Speaker 1: feed and cooking oil, officially still hasn't booked a single
• 3:17
  Speaker 1: shipment from this falls bounty. The president says they've stopped
• 3:22
  Speaker 1: buying soybeans, trying to hurt our farmers.
• 3:24
  Speaker 2: But quote, he's not going to let that happen.
• 3:26
  Speaker 1: Was that part of the discussion today as well?
• 3:30
  Speaker 2: This was part of the discussion.
• 3:32
  Speaker 3: We're quite focused on making sure that China buys our
• 3:36
  Speaker 3: agricultural products. It's soybeans, it's sorgum, and it's other things.
• 3:40
  Speaker 3: China actually has not covered up all its soybean needs
• 3:44
  Speaker 3: for December and January, so they still really need American product,
• 3:49
  Speaker 3: and we expect that China will need to resume those
• 3:52
  Speaker 3: kinds of purchases if they want to have a good
• 3:53
  Speaker 3: deal with the United States.
• 3:55
  Speaker 1: There are so many issues that involve China and that
• 3:57
  Speaker 1: entire region. Taiwan is one of them as well. Rider's
• 4:01
  Speaker 1: reporting this saying the fear in Taipei, which has long
• 4:04
  Speaker 1: enjoyed strong unofficial support from Washington, is that a Trump
• 4:08
  Speaker 1: g meeting next week in South Korea could see some
• 4:10
  Speaker 1: sort of quote selling out of Taiwan's interests by Trump.
• 4:15
  Speaker 2: Tuji.
• 4:16
  Speaker 1: Will that be part of the President's conversation and how
• 4:19
  Speaker 1: should Taiwan interpret US support at this point?
• 4:24
  Speaker 3: Well, it certainly was not part of our trade talks.
• 4:27
  Speaker 3: Wasn't mentioned one time, not at all. You know, when
• 4:30
  Speaker 3: we meet with the Chinese for the broader bilateral talks
• 4:33
  Speaker 3: in Korea. You know, it's the kind of thing that
• 4:36
  Speaker 3: the Chinese almost always raise, right, They have a variety
• 4:38
  Speaker 3: of things that are issues for them that they always raise.
• 4:41
  Speaker 3: Will they raise Taiwan? I don't know, but it certainly
• 4:45
  Speaker 3: does not figure into our trade talks in any way.
• 4:47
  Speaker 1: So as those talks continue here at home, the shutdown continues,
• 4:51
  Speaker 1: and so there's a bit of a critique of this
• 4:52
  Speaker 1: particular trip in the work that you're doing. Senate Minority
• 4:55
  Speaker 1: Leader Chuck Schumer saying this, while Americans are struggling to
• 4:59
  Speaker 1: make ends meet, Federal workers are going without pay, and
• 5:01
  Speaker 1: millions of families are bracing for soaring healthcare costs, the
• 5:05
  Speaker 1: president is leaving the country. America is shut down, and
• 5:08
  Speaker 1: the President is skipping town. He goes on to say
• 5:11
  Speaker 1: Democrats have repeatedly requested a meeting to negotiate, but the
• 5:14
  Speaker 1: President is, essentially, he said, abandon his post by going
• 5:17
  Speaker 1: on this trip.
• 5:18
  Speaker 2: Why was this trip important now for the White House?
• 5:22
  Speaker 3: Well, while Democrats themselves are furloughed and not working, the
• 5:25
  Speaker 3: rest of America is working. The farmers are working, the
• 5:28
  Speaker 3: manufacturers are working, and they need to ship their products overseas.
• 5:32
  Speaker 3: We're at a critical time in the world, and we
• 5:34
  Speaker 3: need to make sure that we know who our friends
• 5:36
  Speaker 3: and allies are and coming on this trip, making these
• 5:39
  Speaker 3: trade deals, making deals on critical minerals. This is a
• 5:42
  Speaker 3: national security issue, it's an economic security issue, and it's
• 5:45
  Speaker 3: critical that the President be here. And we've already seen
• 5:48
  Speaker 3: a great outcome today. We signed two full trade deals
• 5:51
  Speaker 3: with Malaysia and Cambodia, two agreements in principle with Thailand
• 5:55
  Speaker 3: and Vietnam. We made critical minerals deals. We did a
• 5:58
  Speaker 3: peace deal between Thailand of Cambodia. This is the President's
• 6:02
  Speaker 3: job and he's doing.
• 6:02
  Speaker 1: It and best re Greer. We appreciate your time. Safe travels, sir,
• 6:06
  Speaker 1: see you soon, Thank you so much.
• 6:09
  Speaker 3: Thank you.
• 6:11
  Speaker 2: Hey, it's Will Kine. Click here to subscribe to the
• 6:14
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• 6:16
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• 6:19
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• 6:22
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