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  • But we have one particular problem,

  • and I view them as a friend.

  • I have tremendous respect for President Xi.

  • We have a great relationship.

  • They're helping us a lot in North Korea, and that's China.

  • But we have a trade deficit, depending on the way

  • you calculate, of $504 billion.

  • Now, some people would say it's really $375 billion.

  • Many different ways of looking at it,

  • but any way you look at it, it is

  • the largest deficit of any country

  • in the history of our world.

  • It's out of control.

  • We have a tremendous intellectual property theft

  • situation going on, which likewise,

  • is hundreds of billions of dollars,

  • and that's on a yearly basis.

  • We have right now, an $800 billion

  • trade deficit with the worldso think of that.

  • So let's say, we have $500 to $375,

  • but let's say we have $500 with China, but we have $800 total with the world.

  • That would mean that China is more than half.

  • So we're going to get it taken care of,

  • and frankly, it's going to make us a much stronger, much richer nation.

But we have one particular problem,

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