Detailed text transcripts for TV channel - CNN - 20180504:12

Detailed text transcripts for TV channel - CNN - 20180504:12:31:00

forget about the laser in the eyes of the two pilots that were getting too close to china's little floating base over there. that's one thing they'll have to figure out, china, north africa, djibouti, do we get involved in that. it seems to be trade is the focus. is the president winning? >> i think on trade both sides don't really want a fight and that's why we sent a pretty large delegation over to beijing. they're going to keep talking. that's fine. i don't think we're going to end up costing ourselves billions and billions of dollars on trade. i'd be surprised if it escalates much more than where it is right now. but on technology we have a real problem because we don't have interlinkages with the chinese the way we do on trade. they're building one system with one set of companies. we're building another. our top companies on a.i. and automation don't have access to the chinese market, the amazons, the facebooks, the googles. that's a serious problem. >> and one of the barriers to entry isn't just chinese resistance, it's that they don't respect intellectual property rights there and they steal

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