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Positive. our leaders in washington did nothing. they did nothing. they let our factories lead, let our people lose their jobs, give to other jobs, workers in far away lands. that's not free trade. that's fool's trade. stupid trade. we don't do that kind of trade anymore. the european union has been very tough on the united states but they're coming to see me wednesday. we'll see if we can work something out. otherwise, we have to do something with respect to the millions of cars that they send in every year. maybe we can work something out. they're coming in, the top people. we're talking to ...

Independent here. let me just talk about a little bit about where we are in this recovery that jason just mentioned. we're nine years in. the longest postwar recovery's ever. >> beautiful recovery. >> a recession is going to happen on jay powell's watch, okay. greenspan had to lower down to 1% to battle the recession we had that started in '00 or '01, whatever that period, and then bernanke had to lower the fed funds rate from 5.5% to 0% after the financial crisis. they need some room to play in the next sort of crisis, and it's probably going to come on jay powell's watch. so this normalizati...

It's 375. some people, depending on your formula, $375 billion. it could be $504 billion. it's a tremendous amount of money being taken out of our economy. we have to straighten it out now. what's happening, we put steel tariffs on. our steel industry is going through the roof. u.s. steel just announced they're expanding or building six new facilities. last night in south carolina, right -- go ahead, georgetown steel. the factory has been closed, the plant has been closed for how long, lindsey? >> about three years. but what's interesting, it's a british company. a steel manufacturing company ...

Peter navarro likes tariffs. he probably likes them more than i do. raise your hand, peter. so they're all calling, they all want to make deals. before i did this, they weren't calling the obama administration. but the obama administration and in all fairness the bush administration didn't care. it wasn't their thing. last year on trade, our country lost $817 billion, 817. we lost $817 billion. who the hell can do that? we don't have to be perfect. we don't have to get it down to zero but we can't lose 800 -- because you feel like sort of stupid, don't you? and the biggest was china. china mad...

$375 billion, we both china. and i really like president xi, but we built china. they did help us on the border with north korea and they might not be helping us anymore and that would be too bad. i've been as nice as i can for as long as i can but we got to get some balance. it doesn't have to be perfect but there's got tonc be some fairness. you know, i'm a believer in free-trade but i am really a believer in fair trade. this is ridiculous. and they said to a man in china, how did it get so bad? because they know the gig is up. how did it get so bad? remember this, we picked up since i got e...