60 Minutes Over Time

What did you get out of this deal that you wanted?

Well, I got sort of everything that we wanted.

We got no rare earth threat.

That's gone, completely gone.

We have tremendous amounts of dollars pouring in because we have very big tariffs, almost

50%.

We never had anything in terms of tariffs, although I put tariffs on China, but Biden let it lapsed

by the fact that he gave exemptions on almost everything, which was just ridiculous.

But we have billions and billions of dollars coming in, and we have a very good relationship.

I mean, we have a great relationship with a powerful country, and I've always felt if we can make deals that are good it's

better to get along with China than not if you can't make the right kind of a deal

than not because you know China along with many other countries they're not

alone in this they've ripped us off from day one they've ripped us so much

they've taken trillions of dollars out of our country and now they opposite. I mean, we're doing very well with

China and hopefully they're going to do very well with us. But I do think it's important

that China and the U.S. get along and we get along very well at the top.

This trade war, though, was hurting Americans. I mean, are soybean farmers?

China had stopped buying the soybeans.

China was withholding these rare earth materials that you need for everything from

smartphones to build submarines.

Sure.

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