00:00I can speak for almost everybody that's here.
00:02Most of them are here because of tariffs.
00:03You have to understand, he has no tariffs.
00:06If you build in this country, there are no tariffs.
00:08Out of the blue, they came up with this whole import-export concept,
00:14and nobody knew anything about it.
00:17We were just surprised at China.
00:18I have a very good relationship with President Xi, and they did that.
00:21This is not something that I instigated.
00:25This was just a response to something that they did.
00:28And they didn't really aim it at us.
00:30They aimed it at the whole world.
00:32First on this, could you have brought these pharmaceutical companies to the table
00:35without that 100% tariff that you imposed?
00:38Well, is that 100%?
00:39You're talking about China might be 100%.
00:41No, but I'm talking about the 100% you imposed on pharmaceuticals for that sector.
00:44I would never have been able to bring them.
00:45Now, I'm not sure that Pascal would like to say,
00:48but behind the scenes, he did say tariffs were a big reason he came here,
00:52and also the fact he loved Virginia.
00:54He liked this guy. He liked me.
00:55I think the November 5th election was a very important date.
01:00We had a good election, and that was important.
01:03But yeah, he's here.
01:04A lot of, I can speak for almost everybody that's here.
01:07Most of them are here because of tariffs.
01:09Because you have to understand, he has no tariffs.
01:13If you build in this country, there are no tariffs.
01:15I'm going to ask you about China, if I could.
01:17I just want to confirm, have you canceled your meeting with President Xi?
01:21No, I haven't canceled, but I don't know that we're going to have it.
01:24But I'm going to be there regardless, so I would assume we might have it.
01:27But, you know, they hit the world with something that really is not anything that people are going to do.
01:35And it was shocking.
01:37I can tell you, Howard and I and Todd, we all, Scott, we were all speaking about it before.
01:44And it was, we said, where did that come from?
01:47It was just, that was out of the blue, right?
01:50Out of the blue, they came up with this whole import-export concept.
01:55And nobody, nobody knew anything about it.
01:59So if they roll back their export controls, the new announcement, would you roll back?
02:03Yeah, look, we're going to have to see what happens.
02:05That's why I made it November 1st.
02:07We'll see what happens, yeah.
02:08Mr. President, go ahead, please.
02:10What else besides software could be on the table in terms of export controls?
02:14Oh, a lot more, a lot more.
02:16I mean, you have, you have software, but you have a lot more.
02:19We have airplanes, we have airplane parts.
02:21You remember that from last time?
02:23We were just surprised at China.
02:25I have a very good relationship with President Xi, and they did that.
02:28This is not something that I, you know, instigated.
02:31This was just a response to something that they did.
02:34And they didn't really aim it at us.
02:37They aimed it at the whole world.
02:38The whole world is, is subject to it.
02:42So I thought it was very, very bad.
02:44But we have many things, including a big thing is airplane.
02:46They have a lot of Boeing planes, and they need parts.
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