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[applause] trump thank you very much. Thank you very much. French]king president , madame slaney, ladies and gentlemen. Ladies and gentlemen following this g7 meeting we have just held and the discussions we have had since saturday evening together. There was a lot of expectation ,t the outset, a lot of tension a lot of conflict. We want to convey a positive message following our discussions. The messages are several. You will get a onepage declaration. Its just one page, one page that covers the key items that were addressed. We have decided to hold this to give theence. Loor to President Trump the president and the first lady will then proceed with their own press conference. But i wanted to some of the different items on which we have agreed and the different topics on which we have made headway. Be the unitedwill states of america that will be and we will pass this along to President Trump. The last two days we have worked a lot together on several common for its dust, points. We have a lot of things in common. We have in common is we do not like to waste our time sinceke to , we have trump arrived had the most productive and interesting conversations we have had together. From that point onward, we have set the pace. Things expected. We agreed that iran needs to expectations and two, iranus and should never have had Nuclear Weapons and the institution region. Ot threaten the i have informed President Trump to movele to get this forward, a decision the u. S. Is taken unilaterally, but has put a lot of rusher on the situation. So, we coordinated our efforts to bring together the foreign iran and toiran , but nothing that is set in stone. This morning, president rouhani said he is prepared to meet any political leader, and that is what i told the minister. We know the terms. We know the object lives. Now we must sit around the table and make that happen. Toefully we will be able achieve this. This meeting with president a romney resident rouhani and President Trump, we have the Nuclear Negotiations ands will be fully involved. And we have clarified the mission that i would like to thank our ministers whom have been totally involved in these discussions and have set the stage for these discussions and for an agreement. Of course i want to be very cautious and very modest, what i but i think that this is going to lead to putting an end to escalation and reaching a solution. The discussions we had on saturday afternoon and saturday dinner have been very fruitful, and our presence is to ensure the stability of the region. The idea is to ensure iran doesnt get the Nuclear Weapons and have more visibility in the long term. As far as trade is concerned, we have also shared a lot of analysis and a lot of observations. Later on ill go into the heels the details of that but i think we can say our discussions have clarified what is legitimate and what the United States feels as an unfair situation. We have International Rules that govern International Trade, and in this one page document we said this is very good to have a single organization. But so far the body has not been very efficient in raising trade barriers. It has not been efficient enough and solving problems and not efficient enough in protecting the intellectual property of our industries. Discussions are underway currently, in particular between President Trump and president xi, and we have seen even in just the recent, very recent part of that agreement can be reached. So we want to reaffirm our desire to change the rules that govern International Trade, and to revamp them so that no one is dealt with unfairly. Thats our work is protected and the situation of the past is put to an end. This is something we need to work on together. Now, theres a lot of nervousness because of misunderstanding because some very powerful economic players said, what about this digital tax that france has imposed . Well, weve reached a very good agreement, and once again the solid work that is been done by that has been done by the Prime Ministers has really helped us to make progress. In our economies we have a very unfair situation where some players dont pay taxes. So theres unfair competition with other players and there is large multinational players who dont pay taxes which lays a significant instability in on the economic front. It is not fair. Of course were pushing for we are pushing for International Rules on this event, and at the european level, that can cut you can france, italy, even the uk is getting ready to do so, it has descended to do something at the national level. But it is not against any company in particular. Its just to solve the problem. In fact, a lot of French Companies will be impacted by this tax, and some of you have probably heard me say a few months ago that this is only to find a solution, to find an agreement internationally by 2020. Two revamp international to revamp international practices. Harmful trade practices which are also harmful to use economy. And through this digital tax or other digital tax, they werent we worked a lot of bilaterally as well and have reached an agreement to overcome the hurdles. So theyre going to work on a bilateral and multilateral basis to find a solution together. Todays International Tax exists on digital services, rants will france will do away with its International Tax system. Todays International Tax existy been paid under the french tax system will be reimbursed. So the idea is that we need to find showing agreement in order to address joint international problems, and the situation is very negative and the International Tax system definitely need needs to be definitely needs to be modernized and i think we Work Together in cooperation on this. As to libya, syria, north korea, in theng, you will see one page document that weve made considerable headway in the spirit of unity, and also done some significant work as far as the Amazon Region is concerned. There have been relationships with president bolsonaro and we have taken a very Ambitious Initiative that the president gave this morning. All heads of state in the region at we had reached and President Trump visioned as well. I dont want to go into the details but i wanted to highlight these things that i just mentioned. I just want to say that we Work Together handinhand with President Trump over these two days, and during the g7 and i like to thank all my colleagues in fact, for this, weve managed to reach convergence at unprecedented levels on several issues. Were going to continue this work in the weeks and months to follow with a lot of energy and north korea knows how strongly President Trump is committed to this issue. Theres also the agreement of china and we are going to work hand in hand in all the different issues. I would like to thank you President Trump for your involvement the last couple of days. I would like to thank your first lady who is by your side and who has been very active, sidebyside with my own spouse, and she has honored us in our country. She knows how popular she is in our country, and President Trump will be hosting the g7 summit next year so i will give him the floor so that he can tell us how organize the g7 and i will be there by your side with the same will and the same determination and the same desire for unity. Thank you. [applause] pres. Trump well, i want to thank you very much, and more importantly, i wanted to come up here to say that because the job that president macron, and your wife, by the way, who is a great lady, bridget, i would like to thank bridget. Shes been spectacular, spent a tremendous amount of time with melania and some of the folks who came in, some of the wives who came in and had a great tour of the area and its a beautiful area. I want to thank you very much, mr. President , for the incredible job you did. This is a truly successful g7. There was tremendous you become great unity sometimes i would read a little bit of false reporting. In fact, we wanted to stay another hour, nobody wanted to leave. Butere accomplishing a lot i think were getting along very well come seven countries or anybody was the g7 and you have been spectacular leader on this. I want to thank you and i want to thank the very great country of france. Thank you very much. [applause] with that, i think, excuse me. Go ahead. Pres. Macron no, i just want to say to my questions from each side. Afterwards i will say goodbye to my friend President Trump. I will leave the room in order for you to follow up. Pres. Trump if you would like, we could do two each. And then we could remove we could both move. I just dont want to have the president of france stand here one answering these absolutely wonderful questions, okay . [laughter] pres. Trump so why dont we start with a question for france . Pres. Macron four questions about g7 and u. S. Franco relations. Pres. Trump go ahead. To france, yes. China was not on the official agenda but it was certainly a big part of the discussions here at the g7. Are you concerned that the trade war that exists now between the United States and china could harm the Global Economy . If you are, did you talk to President Trump about that . Aboute you also concerned if chinas current trade practices go unchecked, in a decade from now, we could be in a terrible situation . Pres. Macron [speaking french] translator we obviously had lengthy discussions. During the session, the World Economy yesterday morning. On both subjects. The discussions underway between china and the United States of america, obviously as we clearly see creates uncertainty, which disturbed markets and investors. And during the negotiations will create tensions which is a a is the case of any discussion. We saw this on different stock markets with which you are familiar. Now the question is to know what the results of these discussions will be, and thats why we considered it was so important an agreement be found between the two greatest economic powers in the world. President trump clearly showed us his willingness to arrive at an agreement. We saw just a few hours ago the very positive and encouraging message that could be distilled from this. We see that things are moving. Our deep wish is for an agreement to be found within the United States and china concerning trade. Because i think that would be something positive for everyone. Neither the United States nor china is economically or industrial naive. It has to be a balanced agreement that would be good for everyone. And we will be vigilant to see that its good for the whole world. In that context, our different parameters will be taken on board and that was one of the subjects of our discussions. What is bad for the World Economy is uncertainty and the quicker an agreement is arrived at, the quicker that on that uncertainty will dissipate. Thats what we discussed yesterday and thats the american president s wish. In the american president s wish. In terms of trade practices, i said this earlier. For me, the most effective way forward in the most strategic way forward in settling our trade relations with china is to develop trade, but also to ensure that that trade is part of International Trade rules. The problems we sometimes have we are familiar with this with the chinese economy, where there is investment from the United States, european countries, canada, and japan. The problem is respecting intellectual property, either dealing with excess capacity, which sometimes unbalances some world markets, and the ability to deal rapidly with conflicts we may have and with unfair situations. What we are obliged to see is that when this type of parade of trade happens outside of wto rules, things do not work very well and were not properly protected. When you follow wto rules, the rules have allowed us to be protected on the subject. What we decided together yesterday morning was to accelerate with a very realistic agenda and to say were going to we are going to change the rules of world trade. So everyone can have free and and trade, balanced trade, the subject i just mentioned which have sometimes been bad for our economies can be settled in an International Framework which we wish profoundly to change. And we and our different ministers of the german context of the different context putting forward are going to share these political goals. In my way of thinking, the to deal with the practices you mentioned, certainly positive agreements will be arrived at and also the renewal of International Trade rules as we said yesterday morning. President trump, are you satisfied with how far the proposed wto reforms will go . Pres. Trump no, im not. And second to that pres. Trump we are getting there. Do you believe china is sincere about what it said this morning or do you think that just trying to calm the markets and play for time . Because our Sister Network has been told by chinese sources that they have no plans on going back to where they were in terms of negotiations this spring on intellectual property, transfer, ownership. So can you trust that they are sincere . Pres. Trump i do. I think they want to make a deal very badly. I think that was elevated last night very late in the night. I see an alert, you would call breaking news, and it was that the vice chairman, were not talking about somebody from china at a low level, vice chairman of china came out that he wants to see a deal made. He wants it to be made under calm conditions, using the word calm. I agree with him on that. And china has taken a very hard hit over the last number of months, they have lost 3 million jobs. It will soon be much more than 3 million jobs. Their chain is breaking. Their chain is breaking up like nobody has seen before, once that happens its very hard to put it back together. You understand. I think they very much want to make a deal and the longer they wait, the harder it is to put it back. If it can be put back at all. So i believe they want to do a deal. The tariffs have hit them very hard in a fairly short periods of time period of time. The United States would have collected over 100 million in tennis, and say it again, reporters fail, the media fail to acknowledge it, but if you look at the goods coming in from china, we talk about china, not of the country. If a look at the goods, they have power that others dont have but that power is only good for so long. They have manipulated their currency. They have devalued their currency and put a lot of cash into the system. And because of that the prices have not got up or if theyve gone up its been very little to because they want to keep people working. If the prices go up they are not going to be able to keep people working. They cannot compete. Its a brilliant market. It is a brilliant, brilliant market, the worlds market. A lot of markets are brilliant. And frankly, i think china cannot, i dont know, maybe they can, maybe they cant. I dont think they can do that. And i think that a very smart and a think president xi is a great leader who happened to be a brilliant man, and he cant lose 3 million jobs in a very short period of time and thats going to be magnified many times over. And its going to break down the chinese system of trade, and he cant do that. So when you say do you think they want to, maybe you want to maybe they dont but i think want to make a deal. Im not sure they have a choice. And i dont say that as a threat. I dont think have a a choice. In the meantime the United States in a fairly short period of time will be over 100 billion in tariffs. So i think they want to make a deal. Very badly. Go ahead. Pres. Macron [speaking french] translator second question . Translator mr. President , you just declared you created the conditions for a meeting between President Trump and present rouhani. Does that mean that france, for instance, might be a mediator in that meeting . And more concretely, what did you discuss in terms of that possible agreement with iran . Then a question for mr. Trump. Are you ready to lift or to soften american sanctions on Iranian Oil Exports . And would you be ready to meet present rouhani . Thank you. Pres. Macron [speaking french] translator on the first question, the terms of the discussion are quite simple. An agreement was signed in 2015. On july 14th. We call it the jcpoa. And that agreement set forth guarantees for the international community, including the signatories of that agreement, saying iran would no longer enrich uranium over a certain period of time. But inplifying this exchange for reopening many economic sectors and massive investment, largely made by the United States. That agreement had a twofold advantage. Stability and security, and also reopening economic sector which was good for iran. The agreement also had drawbacks and shortcomings, fresh negrete french negotiators in 2015 were the most determined and france was the country to hesitate the most to sign this agreement because we considered we needed as many guarantees as possible. President trump made a commitment, those who voted for him, to be more demanding and tougher because he considered this agreement was insufficient which caused him to leave it. Today, because of the sanctions made by President Trump, the iranian economy is having serious consequences and a serious slowdown. That situation very clearly is the aspect, we might say that Positive Side of things, from one standpoint its crating pressure and, therefore, the necessary conditions to improve the terms of an agreement. On the other hand, its leading to reactions in iran who are saying we signed this agreement but those who have signed it are not respecting its terms and were starting to symbolically riskrich uranium and they that they will go further still and leave the jcpoa. So given the goals that we have, where are we going with this . We need to be sure iran will never get a Nuclear Weapon and that there will be no flareups in the region. So what we discussed very concretely was to see how we could improve very considerably , or in fact, build a new Nuclear Agreement with iran. President trump was very clear saying that we would need an much longer time frame for it, that there needed to be saying that we would need an surveillance of many more sides a much more reaching agreement in terms of ourand thn to convince the iranians to go security demands. And on the other hand, we need in that direction, and we can do that if we give them economic compensation of some form. If we make some movement in terms of lines of credit or reopening certain economic sectors. I cant tell you today publicly more about this because, i will anything i will tell you in detail will jeopardize the conversations we are going to have a. We are going to have. But this is basically what were discussing. Theres also a japanese initiative. Im talking a total transparency with the president but we agreed on a strategic goal and i want to go further in this framework to make proposals. At a given point in time it will there will have to be a meeting between the american and iranian president , and i would wish in the coming weeks such a meeting take place. France will play a role together with the other signatories who are partners in the g7. In the jcpoa. But after that we will create the necessary condition because we will have the necessary visibility for this agreement to be signed, for this meeting with the president s to take place. I would rather talk about initiatives and exchanges rather than mediation because at the end the day we have constant exchanges with President Trump , sometimes we dont agree on methods, but i want to get there. I want to have an agreement. I think theres been a true change. This morning president rouhani showed himself to be open to this meeting happening. And President Trump has been saying for weeks he is demanding, he is tough putting forth sanctions, but is ready to make a deal. I think were making progress. I want there to be an agreement between the United States and iran. Pres. Trump iran is a country that is not the same country as it was two and a half years ago when i came into office. One state ofnumber terror throughout the world. There were 18 sites of confliction in my first week. Atn i spoke with the folks the pentagon, including lots of generals and lots of other military experts. 18 sites of confliction. Meaning 18 sites of the big problems. Every one of them was backed by iran or in some cases, actually, using iranian soldiers. But at a minimum, iranian wealth. Much of it a given in the ridiculous deal where they were given 150 billion plus 1. 8 billion in cash. Used if they used and they used that money for some bad purposes. That being said, i think iran is a country of tremendous potential. Were not looking for leadership change. Were not looking for that kind of change. This country has been through that many times before, that doesnt work. We are looking for no Nuclear Weapons, no Ballistic Missiles and a longer period of time, very simple. We can have it done in a short period of time and i believe that iran can be a great nation. Id like to see that happen but they cant have Nuclear Weapons. Excuse me . [indiscernible] pres. Trump if the circumstances were correct, i would certainly agree to that but in the meantime, they have to be good players. You understand what that means. And they cant do what they were saying theyre going to do because if they do that theyre going to meet with violent force, we have no choice. So i think theyre going to be good, i think they like to and by the way, president macron told me every step that he was making, and a lot of you said hes coming in, he told me long before he came in what was happening. I didnt think it was appropriate to meet yesterday, be soon and things have to worked out first. But president macron told me what was happening, who was coming, what time there were coming, what time they were going to meet and after the meeting he told me exactly what happened. And i think he had a very positive meeting. Prime minister abe of japan, large purchaser of oil from iran, he was also very much involved and he knows everybody there. So he was a very positive force but i have to tell you, the president s done an excellent job and were going to see how it all turns out. Maybe it works out, maybe it doesnt. I say it all the time, maybe it works and maybe it doesnt but we made a ridiculous deal. We gave them 150 billion, 1. 8 billion, and we got nothing. And by the way, that was so shortterm that it expires in a we made a ridiculous deal. Short. Of time short period of time. And with a country, you dont feel that short. Countries last for a long time and you dont do shortterm deals, especially when youre paying that kind of money. So i have good feelings about iran. I have good feelings and it will work. I know many iranians living in new york city, many friends from iran, they are incredible people. Incredible people. So the last thing id like to see is a big problem, but we have to do what we have to do. Go ahead, please. No, you first. Go ahead, yes. Thank you. President macron, did you see seek President Trumps permission before you invited foreign minister, or did you inform him he was coming . Be verycron let me clear, and we are part of the g the jcpoa. We decided to remain. So we are very much interested by the situation as a sovereign country. Thats why we want different parties to move. On the others, other side, President Trump made it clear over the summer, we never spoke on behalf of of other countries. We just tested some solutions to see if we can find an agreement. So we took an initiative this summer to make a proposal, a technical one. I got reaction from iran from Prime Minister zarifs visit and on friday morning. After the discussion we had at the g7 dinner on saturday evening, i thought that was very clear where we could go together. So the day after, i decided to friends, minister zarif, so i informed President Trump that it was my idea. Not to involve the United States, not to say this on behalf of you, but to say as friends, i think it would be a good idea to ask him to go back and try to negotiate some things. So i did it on my own. I informed before making it, President Trump was informed each minute about the situation. And the idea for me was in case of social moves and important moves and appropriate solutions, perhaps to have meetings with different ministers, not levelent trumps because President Trumps level is current so this is a French Initiative thats made by a clear information of the us president s before. Information as well of the europeans and each time i informed President Trump in order to resolve the situation and appreciate together. Pres. Trump i have to say that jcpoa was a bad deal. Should not have been entered into. A lot of things that have happened would have been much different. They are allowed to test Ballistic Missiles, youre not allowed to go to various sites to check. And some of those sites, the most obvious sites for the creation of the making of Nuclear Weapons. And those things have to be changed and other things have to be changed. And i will tell you, i have very good feelings about it. I think were going to do something and it may not be immediately but i think ultimately were going to do something. As i said, iran is a much different country and it was a man it was two and a half years ago. Than it was two and a half years ago. And we can get that back and id encourage it. I have friends years ago, many years ago they were in the real estate business and they were in iran and they were building houses and building housing and Building Office buildings and apartment houses and they did very well. They made a lot of money and to this day, theyre not exactly the youngest developers anymore but they were young when they went over there, they made a lot of money and they loved the people and they loved what was going on. And its a country with tremendous potential. I also say that by the way with respect to north korea. Who ive gotten to know extremely well, the first lady has gotten to know and i think she would agree with me. He is a man with a country that has tremendous potential. They are in between china, russia and south korea. People want to get south korea, theyve got to get there somehow and if theyre going to do anything other than essentially fly, they want to go through so railroads and everything else, so many things what happened want to happen there. I think that north korea has tremendous economic potential. And i think kim jongun sees that, he would be the leader and i think he sees the tremendous potential that its got. With respect to iran, same thing. Iran is incredible people, and incredible country potentially, location thats a little rough neighborhood but eventually its going to be a beautiful neighborhood. I think its going to work out. And i really believe those countries that went into the original deal, that more and more are agreeing with what i did. But i think those countries are going to be saying thank you someday, i hope theyre going to be saying including france, including the president but i think we did the right thing, i know we get the right thing. If for no other reason, its just too short. It is almost expiring, you think about it. Somebody said, you go and make an extension. There are great negotiators. Look what they did to get the deal. But what they did to john kerry and to president obama. Look what happened where their where they are bringing plane loads of cash, big planes, 757s, boeing 757 coming in loaded up with cash. What kind of a deal is that . I think a lot of good things are going to happen and i just want to say this because ive spoken a lot with the president this last 2 and a half days, weve never had a better relationship. We had a lunch that lasted for quite a while that many of you got to see. It was the two of us, no staff, no anything. He wasnt trying to impress his people, i wasnt trying to impress his people. We were just trying to impress each other and ill tell you what, it was the best period of time weve ever had and we accomplished a lot. I dont mean geewhiz, wasnt that nice. Hes a very capable man, hes a he has done a great job in france, he did an incredible job in the g7 and i want thank you. And you go ahead your news go ahead to your News Conference and its very special. This was a very special, very unified 2 and a half days and i want to thank you for it, thank you. Pres. Macron thank you. [applause] pres. Macron thank you. I will leave the floor to President Trump and i will wait for the end of your own press conference. [speaking french] [speaking french] translator i dont want to give anything away, but saw your wife, the first lady drink a glass of french wine yesterday. So you can you perhaps give up on your threat to put sanctions on french wine because if we understood correctly, you have arrived at an agreement on taxing digital firms. Could you confirm that there has been an agreement to you and between you and friends on taxing digital. Pres. Trump i can confirm that the first lady love your french loved your french wine, okay . She loved your french wine so thank you very much, thats fine. Pres. Macron thank you. I will wait for the end of this press conference. I will leave the floor. Thank you. Pres. Trump thank you. Good job. I cant believe it. Jonathan. Come on up. Mr. President , can i ask a question . On china. You recently have been saying that china wants to make a deal but they are not ready for a deal. Pres. Trump we will start now. Please sit down. Thank you. Please sit down. Thank you very much. You recently have been saying china wants a deal but you are not necessarily ready for a deal. And you like the tariff revenue coming in. Are you now ready to make a deal . Pres. Trump as long as it is a fair deal and good deal for the United States. Otherwise i will not make a deal. We have billions and billions coming in. I think we will get there. I believe more strongly now than i would have believed it a while ago. We are going to get there. And we are going to have a fair deal. But remember this, when you say fair, chinas been taking out of country 500 billion a year for many years. Many, many years. It was time to stop. As a private person i used to talk about it, its one of the reasons im president and were in a great position, our country is doing well. Our unemployment numbers are the in over 50 years. Our unemployment numbers for africanamericans, asians, for hispanic are the best day ever been. Historic numbers. We are in a very strong position. Our consumers are strong. Walmart announced numbers that were mindboggling numbers. It is the ultimate pole. How the retailers are doing and how Certain Companies are doing. So were doing very well and i think that were going to make a deal with china and i think we will probably eventually make a deal with iran to. Show less iran too. Why are you optimistic they will change their behavior . Pres. Trump it is not a question of behavior. I think they want to make a deal and they should make a deal and if they dont make a deal, its going to be very bad for china. And i very much appreciate the fact that they came out last night late last night and they said they want to make a deal, they wanted to be under calm circumstances, it was a little different kind of a statement and i thought it was a beautiful statement. I thought it indicated a lot but here we go. I have a question on next years g7 summit. You mentioned earlier today let me do the clarification. Pres. Trump no, one question. Im trying to understand what specifically you heard from china. On next years g7, you alluded to drop hints about miami and hosting next years g7 on your property. What reassurances can you give the American People that you are not looking to profit off the presidency . Pres. Trump i will tell you what, i have spent and i loss in a commendation of and opportunity, probably it will cost me anywhere from 3 billion to 4 billion to be president. The only thing i care about is this country. Couldnt care less otherwise i would not have done it. People have asked me, what do you think it costs . I used it to give money i use to make money to give speeches. Now i make an. None. They deals im making our great deals for the country. That is much more important. It is a wonderful place, very successful area of florida. , probably important five minutes from the airport. Its a Big International airport, one of the biggest in the world. Everybody that is coming, all of the people with their entourages. By the way, my people would get looked at 12 sites, all good. But some were two hours from the airport, some were they were so four hours. Far away. Some didnt allow this or didnt allow that. With doral, we have a series of magnificent buildings. We call them bungalows. They each hold from 50 to 70, very luxurious rooms with magnificent views. We have incredible conference rooms, incredible restaurants. We wouldnt even have to do the work they did here and theyve done a beautiful job, theyve really done a beautiful job and what we have also is miami. We have many hundreds of acres so that in terms of parking and in terms of all the things that you need, the ballrooms are among the biggest in florida and the best. Its brandnew. And my people wanted it. From my standpoint, im not going to make any money. In my opinion im not going to make any money. I dont care about making money. If i worried about making money i wouldnt worry about a 3 billion. Some point im going to detail that and they will show but i think its just a great place to be. Having it in miami is fantastic. Really fantastic. Having it at that particular place because of the way its set up, each country and have can have their own villa or their own bungalow. And the bungalows when i say they have a lot of units. It works well. When my people came back they took tours, they went to different places, youll have a list because they will give a list they will give a presentation soon. They went places all over the country and they came back and said this is where we wanted to be. We had military people, secret service people, people that understand what it is about. It is not about me. Its about getting the right location and i think its important. Jonathan . Go ahead. Thank you, mr. President. President macron said he would like to see talks between you and president rouhani within weeks. Does that sound realistic . Pres. Trump i dont know the gentleman. I think i know him a little bit by watching over the last number of years what has happened. I tell you one thing, he is a great negotiator. But i think hes going to want to meet. I think iran wants to get their situation straightened out. Is that not based on fact or get . Or gut . Its based on gut. But they want to get their situation straightened out jonathan, and they are hurting badly. Their inflation, as you know, because he reported it, their inflation is through the roof. Their economy has tanked entirely. Their sanctions are absolutely hurting them horribly. I dont want to see that. I dont want to see that, they are great people. But we cant let them have a Nuclear Weapon. But i think there is a good chance we will meet. Thank you, mr. President. Another followup from what the president of france said. He said there might be a need for compensation to iran. Would you give, given all the criticism you made of the open to giving giving iran compensation . Pres. Trump but he is talking in terms of compensation as they are out of money. And they need a shortterm letter of credit or loan. No, we are not paying. We dont pay. But they may need some money to get them over a very rough patch and if they do need money, and it would be secured by oil. To me, great security. And they have a lot of oil but its secured by oil so were talking about a letter of credit type facility. From the u. S. . Pres. Trump it would be from numerous countries and it would expire. It would be paid back immediately and very quickly. Go ahead. Yes. Thank you very much. Im with the big japanese newspaper. Pres. Trump just left your Prime Minister. Good man. Great man. Ok. The u. S. And japan has an agreement in principle which is a tremendous trade deal for the United States. Pres. Trump and for japan. Yes. Are you still considering imposing section 232 tariffs on japans auto exports to the United States on National Security grounds . Pres. Trump not at this moment. No. Thats one of the reasons we made this deal but not at this moment. Its something i could do at a later date but were not looking at that, we just want to be treated fairly. Japan has had a tremendous trade surplus for many years long before i came and ill tell you something, we are transforming our country. Were taking the horrible onesided foolish, very dumb, stupid, if you would like to use that word, because it is so descriptive, we are taking these trade deals that are so bad and were making good, solid deals out of them. And that is transforming our country. That will be transformative and very exciting i think for our country, very exciting. Go ahead. Thank you, mr. President. Pres. Trump i didnt actually say yes, the one behind her. Why dont we do her first, you have been asking questions all day long. Pres. Trump they always say i dont give you access. Thank you. Why do you think its appropriate to invite russia to the g7 given they have meddled in the 2016 election and are you worried if russia does come to might hurt you politically because its only going to be a couple of months before the election . Pres. Trump i dont care politically, a lot of people dont understand that. I ran one election and i won, happened to be for president. I dont care politically. Im going to run for election, i think im winning based on polls, whether i win or not i have to do the right thing i so i dont do things for political reasons. Is it good . Probably not. A lot of people say having russia which is a power, having them inside the room is better than having them outside the room. By the way, there were numerous people during the g7 that felt that way and we didnt take a vote or anything but we did discuss it. My inclination is to say yes, they should be in. Really it was president obama, im not blaming him but a lot of bad things happened with president putin and president obama. One of the things that happened was as you know what happened with a very big area, a very big and important area in the middle east where the red line was drawn and then president obama decided that he was not going to do anything about it. You cant draw red lines in the sand, you just cant do it and the other was in ukraine having to do with a certain section of the ukraine that you know very well where it was sort of taken away from president obama, not taken away from President Trump, taken away from president obama. President obama was not happy that this happened because it was embarrassing to him. Very embarrassing to him and hee wanted russia to be out of what called the g8. And that was his determination. He was outsmarted by putin. He was outsmarted. President putin outsmarted president obama. And i can understand how president obama would feel, he wasnt happy and theyre not in it for that reason. Im only thinking about the world and im thinking about this country in terms of the g7 whether it is g7, g8. I think it would be better to have russia inside the tent and of than outside the tent. Do we live by the way, is it politically popular for me to say that . Possibly not. I think a lot of people would agree with me but possibly not. Possibly not. I do nothing for politics. Youre going to smile at that, i do nothing for politics. I do whats right and people like what i do but i just do whats right. If i wanted to go strictly by politics, i would probably pull that and possibly id say oh gee, i dont want russia in but i really think its good for security of the world, its good for the economics of the world. Theyre building a pipeline in europe going right up to germany. And i said to angela who ive had a great relationship with, i said, you pay russia billions of dollars and then we defend you from russia. You say rush outsmarted president obama. Country say the reason why russia was kicked out because they annexed crimea. Why are you repeating what some would say are a clear lie . Pres. Trump i know you like president obama but it was annexed during president obama term. It would if it was annexed during my term i think i made a mistake. President obama helping ukraine. Crimea was annexed during his term. Now, its a very big area, very important area. Russia has its submarine. Thats where they do their submarine work and thats where they dock large and powerful summary but not as powerful as ours, not as large as ours they as ours. They have their submarines and president obama was pure and simply outsmarted. They took crimea during his term. That was not a good thing. It could have been stopped with the right, whatever. It could have been stopped. But president obama was unable to stop it and its too bad. Go ahead. As the g7 host last year you are allowed to invite other guest countries even though theyre not necessarily part of the overall group, would you consider inviting glenn mere putin . Inviting Vladimir Putin . Pres. Trump i dont know that he would accept it, those are tough circumstances. He was part of g8 and all of a sudden hes not in it anymore. Hes a proud person. What i invite him . I would certainly invite him. Whether he could, psychologically, thats a tough thing for him to do. You have a g8 commonality g7 and you invite the person that was thrown out really by president obama and really because he was outsmarted. President obama pure and simple and dont forget it was not just crimea, it was the red line in the sand and obama said never violate the red line in the sand and then they went ahead and they killed many children with gas. It was terrible and he did nothing about it. I did, but i was there years later. I did something about it but i was there late. Thank you. Can you help us understand the timeline on the china calls . Were you referring to the statement by the pres. Trump we have had many calls. Secretary mnuchin is here. And youve certainly had many calls over the last 48 hours, not just one. This isnt one. And these are highlevel calls. By the way, i think a deal is going to be made. They want to make a deal. Saying theree are were not pres. Trump the chinese are not saying that. Let me explain something. The vice chairman of china, you get higher than that other than president xi. The Vice President , the vice chairman made the statement he wants to make a deal, that you wants to see a calm atmosphere. He wants to once at all to happen. That says that there. I dont have to talk about it. You folks were reporting before we made a phone call. He released the statement. I didnt release it, he released the statement. There were calls. Pres. Trump numerous calls. And not only with steve, there were calls with other people too. Just so you understand, china wants to make a deal. Whether or not we make a deal its got to be a great deal for us. I told this to president xi who i respect, i have Great Respect and i like him too, hes a tough guy. But i have a lot of feeling for president xi, very upstanding in so many ways. But i told him very strongly, you are starting up here and you are making 500 billion a year and stealing our and electoral property. We are down on the floor, lower than the floor. You have to make a 5050 deal. This has to be a deal thats better for us. And if not better, lets not do business together. I dont want to do business. Forget about tariffs, were taking in tremendous amounts of money but i dont want to do business. What i raise and he raises, we can never rate never catch up. We have to balance our trading relationship at least to an extent. They were unwilling to do that and will never have a deal if that happens but its going to happen because they have to have a deal. And as far as phone calls or are concerned, secretary of the treasury and other people have been receiving many calls, not receiving, backandforth, many calls. China want to make a deal and if we can, we will make a deal. Go we will make a deal. Go ahead. If i can ask you about your china strategy, president macron talked about instability and the worry in the markets and around the globe. One of the things that comes from pres. Trump youre talking about Global Economic instability. Right. Where that comes from is the backandforth and the changing of statements from yourself. Pres. Trump sorry. Its the way i negotiate. My question is is that a strategy . If the strategy is calling president xi is calling president xi is the enemy one day, and not the next day. Pres. Trump its the way i negotiate and its done well for me over the years and its even better for the country. And i do think that look, heres the story. I have people say just make a deal. They dont have the guts and they dont have the wisdom to know that you cant continue to go on where a country is taking 500 billion. Not million. 500 billion with a b. Every single year. 500 billion. You just cant do that. Somebody had to do this. It should have been done by president obama. It should have been done by sleepy joe. It should have been done by other people, should have been done by bush, should have been done by clinton. It should have been done. Im doing it. Let me tell you something else, north korea should have been done a long time ago. Im doing it. Im doing a lot of things that i shouldnt have to be doing. Please. Go ahead, please. President trump, youve met our new Prime Minister Boris Johnson yesterday. You said he was the right man for the job on brexit. Pres. Trump i believe that. Do you think theresa may was thinkong woman and do you that Boris Johnson can actually get a deal with the eu before october 31 . Pres. Trump teresa, she was unable to do the deal. I gave her my ideas early on and you possibly know what they are and i would have done that. Chose to do it her way and the didnt work out so well. I think shes a very, very good person and a good woman and i really believe that Boris Johnson will be a great Prime Minister. We like each other and we had a great two and a half days. Ive been waiting for him to the Prime Minister for about six years. I told him, what took you so long . I think hes going to be a great Prime Minister and after spending a lot of intense time with him over the last couple of days, he is very smart and hes very strong and hes very enthusiastic. And you know what else, he loves your country. He really loves your country. Yet, please . Bbc news, President Trump, Boris Johnson is keen on a trade deal with the usa, you sound keen on it too. Some of the critics are worried you will do over the u. K. . No, no, i love the u. K. I love the u. K. I have property in the u. K. I have no idea how my property doing because i dont care but i own in aberdeen and in ireland as you know. Doing baggy, and great stuff. And ill be honest with you, i think that hes going to just do a great job as Prime Minister. It takes a lot. Its so many different elements to being a great Prime Minister and you needed him. I just think his time is right, this is the right time for boris. This is the right time for boris. Go ahead. I have no idea how my property doing because i dont care but i own in aberdeen and in ireland say who you are with, please. From itv in the u. K. As well. Youve obviously had a good few days with president macron or you appear to be doing business with, your favorite expression. After brexit, who do you think will be your more important relationship, president macron , france, and the eu, or Boris Johnson, Prime Minister of the United Kingdom . Pres. Trump look, france is a great nation. Its being run, a lot of things are happening. Its not easy what hes doing. He changing certain ways and its a hard thing to do. Im going to let him sell his ideas. But a lot of people dont disagree with his ideas but its a very hard thing to do if youre a great citizen of france, you love your country but you want to do what youve been doing it for a long time. Maybe thats not working and maybe they have to do what he has to do. I think hes going to do a fantastic job but its tough for him, i know how tough it is for him, hes been having a hard time. And nobody would have an easy time. But i believe hes doing the right thing. Boris is different, its a different kind of deal. Boris have to try to do something with brexit. Its very tough. I deal with the eu, the eu is a very strong group of people. They have their ideas and to deal with,asy i will tell you. We are close to making a deal with the eu, we made a great deal with japan and we are very close to maybe making a deal with the eu because they dont want tariffs, its very simple. They dont want text cars, mercedesbenz, bmw, they dont need a 20 or 25 tax. But we are close. I think were going to make a deal with the eu, weve been the eu is another one. Weve been losing 180 billion a year for many years thats a lot of money. How much can you take out of the piggy bank . Which alliance will be more important, the eu or britain . Pres. Trump both. I dont want to say. I think that we have been with i guess it would set up i think england, i asked boris wheres england . Whats happening with england, they dont use it too much anymore. It was interesting but the United Kingdom is a great, incredible place. Its an incredible nation and its been one of our tremendous allies and another one happens to be australia. He was here also, scott. He is fantastic. Were honoring him in australia at the white house in a short period of time. Excuse me . Will you visit australia . Pres. Trump at some point i will. Also germany. Uncle asked me to come. We will do that too. So i just think theyre very different and theyre going to be going at it a little while but ultimately, probably it works out. They may have to get out, they may not make a deal. The European Union is tough to make deals with. Very, very tough. Just ask theresa may. Thank you, mr. President. I was hoping you can clarify, last year you left the summit in canada feuding with the summit host. This year things seem to be different. Youre talking about unity with present a macron in the states. What is different and asked as macron said hes passing the baton of leading this institution, you ran on the platform of america first, now you have a mandate for the national community, what are you going to do with it . Pres. Trump we had a good meeting, i headed out with one of two people where we disagreed in terms of concepts but we had meeting last year. I would say this was a big step above in terms of unity, in terms of agreement. We have really great agreement on a lot of very important subjects but last year was good also. Last year was good also. Last year may have been underrated. In terms of the g7, what do you want to do with it . What is your agenda . Pres. Trump we are going to do something hopefully special. Build on what we have now peered we feel all something good. Going to be great unity. If there was any word for this particular meeting of seven very important countries it was unity. Most important of all, we got along great. Go ahead. Thank you very much, mr. President. You just mentioned that chinese vice premier says china is willing to resolve this issue through calm negotiation. Pres. Trump i didnt say it, he did. Yes. Will the u. S. Negotiate in the same manner . Pres. Trump yes. I was an easy answer. The u. S. Will negotiate in the same manner. Pres. Trump absolutely. Great respect for china, great the other question is you say definitely will putin to join next years summit. I havent said that but i think that having president in what was the g8, a member of the g8 and i heard he was a good member of the ga, having him in his more of an advantage. I think its a positive for the world, i think its a positive for russia and a big positive for russia. And its something the group is discussing. They are discussing. People feel very much like you, many people. But the Russian Foreign minister is saying that not there foreignpolicy pursuit to return g8, whats your reaction we will see, i know one thing. If they were invited back i think they be there. If they were, thats okay too. I just think a be better inside than outside. As i said before, i think maybe an asset. Some of the things we were going in the room and yesterday in particular we were discussing four or five matters and russia was literally involved in all those five matters and a few of the people looked up and said why they youre talking to us about it or what we going to do now, go home to mark easy for a day although im not doing that, i dont take it easy were going to go home and start calling them at the end of the week and the same how about this, they should have been in the room. We had numerous things we were discussing. A lot of things we were discussing and it would have been very easy if russia was in the room. He was in the room we could have solved those things, now theyre in limbo but with all of that, very little in limbo but somebody will him about some things and frankly theyre not obligated but it would be easier if they were in the room. Josh, go ahead. There was a significant talk at the summit about Climate Change, i know and you harbored some skepticism of the science of Climate Change. What you think the world should be doing about Climate Change and do you still harbor that skepticism. I feel the United States has tremendous wealth. The wealth is under his feet. Ive made wealth come alive. We will soon be one of the , we will soon be , were actually doing now, exporting but you are now the Number One Energy producer in the world and soon it will be by far , with a couple of pipelines that have not been able to get approved for many years, it will have a huge impact. I was able to get anwar in alaska, could be the largest site in the world for oil and gas. Ronald reagan wasnt able to do it, nobody was able to do it. Theyve been trying to do it since before Ronald Reagan and i got approved were the Number One Energy producer in the world, it will be the number one, its tremendous wealth and lng is being sought over all over europe and we have more of it and everybody else and im not going to lose that wealth. Im not going to lose it on dreams, on windmills which frankly arent working too well. Im not going to lose it. So in a nutshell, i want the cleanest water on earth. I want the cleanest air on earth. Thats what were doing. And im am environmentalist. People dont understand. Ive got more Environmental Impact statements and anybody , i can say definitely because ive seen many of them, more than anybody at ever been president or Vice President or anything even close to president. And i think i know more about the environment than most people. I want clean air, clean water, i want a wealthy country. I want a spectacular country where the jobs with pensions, with so many things and thats what were getting. So i want to be very careful area at the same time , at the same time , you werent called. At the same time, very to me. We have to maintain this incredible place that weve all built. We become a much Richer Country and thats a good thing, not a bad thing because that great wealth allows us to take care of people. We can take care of people that we couldnt have taken care of in the past cause of the great wealth. We cant let that wealth be taken away. Clean air, clean water. Thank you very much everybody, i appreciate it. , mr. President as to whether he really commented is happening. Whether Climate Change is happening. Announcer tonight here are 930 eastern, discussion about the future of Representative Democracy and the how the relationship between the legislative and executive branches influence the effectiveness of government. Speakers include former government white house advisor karl rove. I learned the white house the personal relationship between the president and congress, even with members most importantly, most are partly with members of the opposition, have to be aimed at cordiality. The president cannot get drawn into this stuff. He has to rise above it, and to be the adult in the room. And take whatever is hurled his way. Onnedy of massachusetts set july 4, 2003, bush lied about debbie md and a rack. He knew that was alive. He looked at the same intelligence, had come to the same conclusion that bush had. Saddamspeech that says hussein has debbie md but we need to remove it by diplomacy, not force. He was the guy who kicked it off. That didnt keep bush from holding us tongue, trying to get it straight without any personal , and working closely closing with kennedy in 2006 and 2007 on comprehensive immigration reform. The president has to be that person. It is not an easy job. Our member getting a call from harry reid he said carl, i gave a speech, i do not read it before hand they just wrote it. And i called bush a writer at a liar and a loser. And i did not me to call him a loser. [laughter] and i tell him im sorry. Senator, i have a schedule here, he is in the oval and does not have anything on his schedule. But it you plugin it can talk to him yourself. [laughter] thats the job of the president. Whether they like it or not, the personal relationships matter. Thatncer also at discussion, former House Majority leader and former governors jim hodges of South Carolina and george allen of virginia. Watch the entire conversation on the future of Representative Democracy. Tonight at 930 eastern, here on cspan. Wisconsin congressman sean duffy says he is stepping down. He made the announcement today on facebook saying after 8. 5 years in office, he is leaving capitol hill to focus on his family. His baby, due in late october, has a heart condition that needs that he needs to focus on

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