00:00You mentioned the 70 countries or so. I'm curious, though, under what conditions at this point would President Trump talk to President Xi about tariffs?
00:09Look, I just spoke to the President about this, and he believes that China wants to make a deal with the United States.
00:14He believes China has to make a deal with the United States. It was a mistake for China to retaliate.
00:20The President, when America is punched, he punches back harder.
00:24That's why there will be 104 percent tariffs going into effect on China tonight at midnight.
00:30But the President believes that Xi and China want to make a deal. They just don't know how to get that started.
00:35And the President also wanted me to tell all of you that if China reaches out to make a deal, he'll be incredibly gracious, but he's going to do what's best for the American people.
00:42So China has to call first?
00:44The Chinese want to make a deal. They just don't know how to do it.
00:47But the President will be implementing these 104 percent tariffs on China tonight.
00:51I wonder, what conditions might he consider lowering tariffs on China at this point?
00:56It would be imprudent of me to tell you those conditions here from the podium.
00:59Can I go to the podium?
00:59Sure.
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