Could this man have the inside track. Very good conversation and well see where it goes from here. Announcer well ask general David Petraeus should his mishandling of classified information take him out of the running . The country in transition. Were not going to be divided for long. Ive always brought people together. Announcer whats fact, whats fiction and whats next . Mike pence, David Petraeus, both here live from this week. Here now chief anchor, George Stephanopoulos. Good morning, lets get right to it. We are joined by the man leading the trump transition, Vice President elect mike pence. Congratulations on your victory. Thank you, george. Thank you for coming in. Lets get right to china. That call with the leader of taiwan. As far as we know no president or president elect has spoken with taiwans leader in nearly four decades. Why did mr. Trump choose to break that precedent in well, ill tell you what from the engaging the world. Hes spoken to more than 50 World Leaders. Ive spoken to several dozen myself and he received a Courtesy Call from the democratically elected president of taiwan. That was prearranged, wasnt it. Congratulating him. Theyve reached out as World Leaders have and he took the call, accepted her congratulations and good wishes and it was precisely that. Did he intend to send the kind of signal it st the Chinese Government has already complained go it. How did you respond to it . I understand some of the controversy in the media about this but not just the media. Its with the Chinese Government. Yes, of course, but i would tell you that i think i think the American People find it very refreshing, the energy that our president elect is bringing to this whole transition. not only bringing together a cabinet at a historic past for the last 40 years, hes not only to move forward this country at home and abroad but hes also been engaging the world. I think during the course of the transition eight years ago president obama its reported spoke to 22 World Leaders. He did not speak to the leader of taiwan. Thats what im trying more than 50. I think the American People want are encouraged remember to see president elect trump is taking calls from the world speaking to the world. They know hes going to be out there advancing americas interests first with that broadshouldered life but begins with relationships and that was nothing more than taking a Courtesy Call, a congratulations from the democratically elected leader of taiwan. So no implications for the one china policy . Well deal with policy after january the 20th. This was a Courtesy Call and plus i have to tell you, george, its a little mystifying to me that president obama can reach out to a murdering dictator in cuba in the last year and be and president elect donald trump takes a Courtesy Call from a democratically elected leader in taiwan and its become something of a controversy. I think the American People appreciate the fact that our president elect is taking calls from and reaching out to the world and preparing on day one to lead america on the world stage. On day one will he label china a currency manipulator. He said that over the course of the campaign and the truth of the matter is, a lot is going to change policies. So he will. Not just with regard to china but with regard to the north American Free trade agreement. With regard to look, weve been americas been losing too much in jobs and Economic Growth on the world stage and i think people can count on the fact that president elect donald trump when he raises his right hand is going to walk into the oval office and hes going to become a champion for american values. He will follow through on that promise. Hell fight for american jobs and were going to stop losing does that mean labeling them a currency manipulateer. Itll be for the president elect to decide whether he implements that policy after inauguration. He spoke about that in the course of the campaign but, look, its all about a process. He spoke to president ji in china two weeks ago. They had a great conversation and begun the relationship there but after january 20th, our new president will make digs about what the policies the United States will be but i promise you, americas going to start winning on the world stage again hell make the right decision. As john bolton said he believes the relationship with china has to be shaken up . Well, i think i think the president elect was very clear during the course of the campaign that we just have been losing to china for too long economically and its time the time has come, the American People have elected a president who not just with regard to china but other countries around the world and in our hemisphere well put American Workers and american jobs first and were and advance policies economic policies on the world stage that accomplish that. Lets talk about carrier. You got a nice thank you when you went to say thank you in indiana for saving those several hundred jobs in the carrier plant. Right. President elect trump has followed that up with a tweet about the rexnor corporation a mile down the road and said rexnord of indiana is moving to mexico and rather viciously firing all of its 300 workers. This is happening all over our country. No more. So are you now negotiati w rexnord . Well, what i can tell you is that we had a great day in indiana on thursday and carrier is staying in the United States because donald trump was elected president. Plain and simple. Well, several hundred jobs are staying but 1300 are still going. Look, i understand the glass is half full mentality of some in the national media, george, but this was great news for over a thousand families in indiana who are going to see those jobs Just Announced after being in indiana since the 1950s they were pulling up stakes and going to mexico and follow a number of other companies in their industry that have gone to mexico years ago. I sat down with them in march and said, can we put together an incentive package which states always do, indiana does on a routine basis to encourage you to stay here. They said dont even bother. The avalanche with regulations coming out of washington, d. C. , taxation, they said we cant make it happen but i was week after the election that the president elect in the mitt of talking to foreign leaders assembling a cabinet, advancing a legislative agenda, pulling together a team at an historic pace picked up the phone and called the parent of the company and said well roll back regulation and repeal and replace obamacare and were going to make america more competitive for manufacturing and were going to renegotiate trade deals country and they said, yes. Does he now pick up the phone and call the head of rexnord and all these other companies who are going to move overseas. Well, i think what youre going to see and the president elect will make those decisions on a daybyday basis in the course of the transition, in the course of the administration but what youre seeing emerge here and i thinkette so exciting for millions of americans, you should have seen the emotion on peoples faces. We saw it. At the carrier plant, george. There was i mean, it was one of the experiences that ive had in my public career, the way people reached out, grabbed our president elect by the hand and just said, thank you, because they see in him someone who is going to fight for american jobs. Hes going to fight on the world stage in negotiating trade deals and hes going to come here to washington, d. C. And hes going to fight to reduce taxes, roll back regulations, repeal and replace obamacare and make america you said hes making them on a daybyday basis, isnt that picking winners and losers. Capitalism. I dont think its picking winners and losers at all, what the president elect did with carrier was simply reach out one american to another and just ask them to reconsider. He told them, were going to do exactly what we said we would do in this campaign. Were going to make the American Economy more competitive. Were going to get tougher and smarter on trade deals, and that was changed circumstances when they made their decision to leave last february and asked them to reconsider and they did. I think that economy to businesses that may be considering leaving our country is things are really changing. We got a president that is going to fight for jobs and fight to bring back the American Economy. And the president elect is sending that message this morning. I think its the reason why he won the heartland so see dice sinkly. 30 out of 50 states in this historic mandate election. I mean won more counties than any candidate on our side since Ronald Reagan but particularly been decimated as jobs were shipped overseas because of more government, more tax. The question what is the position going forward. More incentives like carrier got or punishment and president elect trump on twitter this morning as well sending out about six or seven tweets. Heres the heart of what he was saying. He was saying any business that leaves our country for another country fires its employees, bills a new factory or plant in another country and thinks it will sell its products in the u. S. Without retribution or consequence is wrong. Th these companies wanting to sell their products, car, airconditioning units back across the boarder. Is it fair to say rexnord and ford moving the focus from michigan to mexico will face this tariff. What youre seeing is a combination of policies. Number one, is the president elect has already got our team working on capitol hill to make sure were reducing taxes and lower the corporate tax, repeal and replace tape and regulations thats crushing american jobs. But the other piece of that to your point, george, is that president elect is committed to changing americas trade. Hes moving forward on that 35 tariff. Well renegotiate nafta. Hes already made that clear. Got an agreement from president pena nieto to do that and put on the table all the tools that will take away advantages that have been pulling up leaving American Workers behind and then creating products, shipping them back into the sfludz how do you handle that as governor of indiana. The happy workers at carrier, those jobs were saved a mile down the road 300 workers at re rexnord losing their jobs and now that Company Subject to a tariff. The way you handle that is we advance policies that are going to apply to everybody. Equally. Well create trade policies that take away the advantages that now for decades but were also going to improve the economic environment here in the United States. Were simply with this businessman whos become president will take that oath of office on january the 20th. Were going to work with the congress to lower taxes, roll back regulations, repeal and replace obamacare and simply make the kind of changes in a broad range of areas including education, president elect is very passionate about Vocational Education across the will simply make it possible for American Manufacturing to come roaring back in the heartland and all across america. I want to talk about more of those changes. One final question, President Trump and his family, should they lead by example and bring that manufacturing home . The president elect has been very candid about the fact that even in the course of his business hes seen that theres many products that you simply cant buy in the United States and hes been very, very open about that. And i think the policies that youre going to see this administration advance are just going to be about bringing jobs back to the United States and we do that, we do that by having smarter and tougher trade deals than weve had for a number of decades that are successive administrations but we also do that mostly by creating an environment where the free market can really thrive. I mean the truth of the matter is high tax, high regulation, mandates like the been should those jobs come home . Should they bring those jobs home. Id like to see jobs of every kind come back to the United States. You saw the recent jobs report came out and the low Unemployment Rate is in itself deceptive. We saw the Labor Participation rate drop again. Its the lowest since the year after i got out of high school. I mean, we have millions of americans that are simply out of the workforce and im telling trump and i are going to work our hearts out with this congress to make america for attractive for jobs of every kind and see this economy come roaring back. More of those promises. You said on wednesday youre planning the agenda to keep the promises president elect trump made. One of the most prominent is this wall on the border. Paid for by mexico. Its still prominent on the trump website. Mexico will pay for the wall. How will that happen . Well, what were laying out is a very ambitious agenda for the leaders of the house and the senate. President elect and i were on capitol hill within about a week of the election and to do just that. It really will all begin with repealing obamacare and setting i want to get to that but first mexico paying for the wall. Well get to the process of ending illegal immigration and all begins with Border Security, internal enforcement and building a wall can you make mexico pay for it. I think theres a variety of way, theres a variety of ways the president elect is going to choose the best way forward. Well work with the congress in that regard. Some of it will be negotiation. You know, president pena nieto and he ruled out paying for the wall. I know about the tweet. But, you know, in the course of renegotiating nafta, there was or agreeing to do it there was an agreement that Border Security is critical and important. Well have those conversations, but you think about the enormous amount of commerce that over that border. Theres a whole lot of ways and im absolutely confident that our president elect is going to keep his promise to the American People and secure the border and going to build the wall. Well end illegal immigration once and for all and well find a way to have our neighbors pay for it. Obamacare, you mentioned that. The New York Times reporting that youre working with congressional leaders on the strategy to repeal immediately but then delay the replacement. In that 60 minutes interview right after the election simultaneously. Why the change . Well, im not aware there is change. Repeal and delay strategy is not what youre working on. Were working on president elect trumps commitment to repeal and replace obamacare. Its all going to begin right out of the gate by repealing this disastrous policy thats been killing jobs. I mean its on track next year to see americans see an average increase in premiums of 25 in states like arizona, 116 . We reall vitally important in the early days of the congress with Everything Else happening and confirming cabinet appointments that we keep that promise to the American People and at the very same time, through both executive action and working with congressional leaders and our new leadership at hhs that we lay out a framework for an orderly transition to replace it. Two or threeyear transition. Well, i think its going to be a discussion that president elect will decide on well work with members of congress on that but as he said in that speech on obamacare in philadelphia, he wants the American People to know there will be an orderly transition away from this disastrous policy but the first thing we have to do is pry the enormous weight of obamacare off the national economy. We think that will create tremendous Economic Growth in businesses large and small and then setting an orderly transition process in place to capture the power i mean, the president elect has been very clear, we want to give the American People more choices, the ability to buy Health Insurance across state lines, use Health Savings accounts, but doing that in a way that doesnt upset the apple cart or create anxiety among americans about their health care. Tied to that is what to do about medicare. President elect trump spoke about that continually through the campaign. Heres what he said. Every republican wants to do they want to do it on medicaid and we cant do that. And its not fair to the people that have been paying in for years. But the president s nominee for Health Secretary and speaker of the house paul ryan have voted for changing medicare from a defined payment to subsidies to pay for private insurance s that on the table now . No, the people that are joining you are administration are seeping up for the president elects agenda. So no changes to medicare. Well, look, i think campaign that as president well keep our promises in Social Security and medicare. With regard to medicaid, though, i will tell you theres a real opportunity, theres a real opportunity as we repeal and replace obamacare to do exactly what president elect said on the campaign, that is block granting medicaid back to the states. Allow states to do what indiana was able to do in part in the last coup