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To understand that. you've seen the espionage that china has engaged in. the fact that they're hacking into our computer systems now, that, you know, they are stealing $300 billion a year of our technologies without paying for it. so many abuses here that have to be fixed. the main point i would make is if we can get this deal done with china, before that, what is it, 40 days now until that deadline is surpassed. if that happens, it will be extremely bullish for the u.s. economy. by the way, it would help china a lot as well. this is a high stakes game of poker. >> it say high stakes game the ...

Beginning. >> it's not going to be just apple. there are a heck of a lot of u.s. companies that have sales in china that are going to be watching their earnings be downgraded next year until we get a deal with china. >> so he's basically confirming, you know, we're hanging in the balance here. are the big multinationals and the big u.s. corporations. there's a danger for them. >> they sure are. no question about it. you're exactly right about that. the two largest economies. there's a lot of commerce between the two nations. a lot of especially major technology companies in the united states t...

Ipos that are hitting the markets . we are seeing that kay by day. look, you tell me apple and google and ibm. they didn't create jobs . we should be back on horse buggies . slam that altogether. it is a nigh eve at the same time to me. >> a lot of folks say americans don't make anything anymore and that may be true in the auto industry fair game and we are innovating in the technology area . it seems that the president doesn't want to address that and give cudos to company in california that are creating jobs. >> and in new york. don't forget. he's a crummy example.