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Companies. they don't tax our companies. so france did that. i told them, don't do it, if you do it, i'm going to tax your wines. we're working on that right now. >> [question inaudible] >> good. i just spoke to him. i have a good relationship with president macron. but they shouldn't have done this. they used to take advantage of the united states but not with me as president. i look at deals that were done with other presidents and this country and it's a disgray that our country allowed this to happen. for china for years and years making from 300 billion to $507 billion a year. okay? now w...

With china, $507 billion. you look over these for many, many years, they've been taking. and guys like biden say -- he was there eight years. "we'd stop that." no, trump is stopping that. trump is stopping that. [scattered applause] so representative ayanna pressley -- [boos] issue related in any way to elvis? i don't know. who knows? you never know. if she thinks that people with the same skin color all need to think the same. she said we don't need any more brown faces that don't want to be around voices. we don't need black faces that don't want to be a black voice.

China made -- we had a surplus meaning they did on us of $507 billion. it is been hundreds of billions of dollars a year for many, many years. so obviously we can't make a 50/50 deal. it has to be a deal that is somewhat tilted to our advantage and if we don't do that, we're taking in a fortune from tariffs and we're hurting china because many of the companies are leaving and going to a non-tariff state. so they don't have to pay the tariffs. and the other misconception about china and i think you read an article today in the "wall street journal" about it, people aren't paying for those tarif...

Because it's true! i was nice and i left it 10 percent on 200 billion. and here is the beauty, we have lost so much money with china, $500 billion a year. and on trade, such a disaster, it is 507 billion dollars a year. china, just one country. we lose with everybody, almost. but china's one country. $507 billion, for many years! so the beauty is this, i have $250 billion more to put tariffs on. the numbers are staggering. billions of dollars right now are pouring into our treasury. and for those of you that have not done the research, if you look, of the 25 percent, our country as it has turn...

That but the report was scheduled to come out actually in the first week of december which would have hit in the middle of the annual u.n. climate conference on how to implement the paris a cord. of course president trump says he wants to withdraw the u.s. from under the paris accord. >> well -- >> so i think there was a calculation that would have been a massive, you know, media bomb. putting it out on black friday, they thought no one would pay attention. >> it came out on black friday and we're covering it here. felix, it also spells out a huge hit for the economy, a 10% hit to gdp by the y...