IT WASN'T ANOTHER
ADMINISTRATION.
IT WAS THIS ADMINISTRATION THAT
CLOSED IT.
>> MY NEXT GUEST SENATOR MARCO
RUBIO HARSHLY WENT AFTER THE
PRESIDENT, SAYING ON TWITTER, IF
THIS IS TRUE THEN ADMINISTRATION
HAS SURRENDERED TO CHINA ON ZTE,
MAKING CHANGES TO THEIR BOARD,
AND A FINE WON'T STOP THEM FROM
STEALING FROM UNITED STATES, BUT
THIS IS TOO IMPORTANT TO BE
OVER.
WE WILL BEGIN WORKING ON
VETO-PROOF CONGRESSIONAL ACTION.
>> I JUST HEARD THE PRESIDENT
SPEAKING.
IF THAT'S THE DIRECTION WE'RE
GOING, THAT'S GOOD NEWS.
I'M GOING OFF THE NEWS REPORTS
SAYING SOME IN HIS COMINGS
ADMINISTRATION ARE PUSHING FOR A
BIG DEAL.
IT SHOULDN'T BE MIXED.
WE HAVE A HUGE PROBLEM WITH
CHINA.
THEY FORCE OUR COMPANIES TO TURN
OVER INTELLECTUAL PROPERTIES,
SECRETS.
YOU CAN'T DO BUSINESS IN CHINA
UNLESS YOU DO THAT.
MEANWHILE THEIR COMPANIES CAN DO
WHATEVER THEY WANT HERE.
THAT HAS TO BE FIXED, BECAUSE
IT'S LONG TERM AND PROBLEMATIC.
ZTE IS A CELLPHONE AND
TECHNOLOGY COMPANY.
THEY GOT CAUGHT INVOLVING THE
IRAN DEAL, THE SANCTION IN NORTH
KOREA.
THEY GOT HIT WITH A BILLION
DOLLAR FINE, AND WERE TOLD THEY
HAD TO FIRE THE EMPLOYEES WHO
DID THAT.
YOU KNOW WHAT THEY DID?
THEY LIED.
THEY DIDN'T FIRE THE EMPLOYEES.
THEY GAVE THEM A BONUS, AND
TRIED TO COVER THAT UP AS WELL,
LIKE THEY TRIED TO COVER UP THE
VIOLATIONS.
FINE, YOU CAN'T BUY OUR
SEMICONDUCTORS, AND THAT PUT
THEM OUT OF BUSINESS.
THAT'S WHAT WEE NEED TO BE DOING
WHEN THEY VIOLATE THESE THINGS.
OTHERS SAY LET'S FINE THEM
AGAIN, FIRE THE BOARD OF
DIRECTORS.
THEY'VE ALREADY DONE THAT ONCE.
YOU USE THOSE PHONES, THEY CAN
STEAL OUR SECRETS, SPY ON US.
THEY EVEN HAVE SUBCONTRACTORS IN
ZTE -- PEOPLE COULD BE USING
HUAWEI TECHNOLOGY OR SOMETHING
AND NOT KNOW IT.
>> IN YOUR MIND, IS THERE NO
NEGOTIATION TO ALLOW ZTE TO
SURVIVE?
THEY TOLD THE TRUMP
ADMINISTRATION THEY'RE GOING TO
GO BANKRUPT.
THEY'RE GOING TO GO OUT OF
BUSINESS AND WE NEED TO FIGURE
THIS OUT.
IS THERE ANY WAY YOU'D BE
COMFORTABLE DEALING WITH ZTE
EVER?
>> FIRST OF ALL, WHAT ABOUT THE
AMERICAN COMPANIES LIKE THE
CHINESE HAVE BANKRUPTED, LIKE
THE AMERICAN COMPANIES THAT
PARTNER WITH THE CHINESE
COMPANIES.
THE CHINESE STEAL EVERYTHING YOU
DO.
ONCE THEY FIGURE OUT HOW TO DO,
WE DON'T NEED YOU ANYMORE, WE'LL
DO IT CHEAPER, BECAUSE OUR
GOVERNMENT SUBSIDIZES US, AND
YOU'RE OUT OF BUSINESS.
NUMBER TWO, WE DIDN'T PUT THEM
OUT OF BUSINESS, WE JUST SAID
WE'RE NOT GOING TO SELL THEM
AMERICAN SEMI CONDUCT
AMERICAN SEMICCONDUCT
AMERICAN SEMICONNDUCT
AMERICAN SEMICONDUUCT
AMERICAN SEMICONDUCTT
AMERICAN SEMICONDUCTORS.
I DON'T FEEL ABOUT THAT.
I DON'T WORK FOR THE CHINESE
GOVERNMENT.
>> I UNDERSTAND, BUT YOU LOOK AT
IT THE WAY YOU LOOK AT IT, WHICH
I COMPLETELY UNDERSTAND, THE WAY
WE'VE DONE THIS FOR A LONG TIME.
THE PRESIDENT IS LINKING A LOT
OF THINGS THAT MANY PEOPLE ARE
NOT COMFORTABLE WITH HAVING
LINKED.
>> RIGHT.
>> THIS IS DEFINITELY THE WAY
THAT THE TRUMP FOREIGN POLICY
DOCTRINE, IF YOU WILL, IS
EMERGING.
HE'S SAYING, LOOK, I WANT THEM
TO HELP US WITH NORTH KOREA.
I WANT TO LOWER THE TRADE
DEFICIT WITH THE CHINESE.
I WANT TO FIGURE OUT A WAY TO DO
IT.
THEY SAID TO THE ADMINISTRATION,
IN SOME FORM OR ANOTHER, LOOK,
GIVE US SLACK ON ZTE, AND THEN
WE'RE GOING TO BUY A LOT MORE
AMERICAN GOODS AND HELP YOU WITH
THE NORTH KOREA SITUATION.
>> YEAH.
YOU SAID SOMETHING I DISAGREE
WITH.
THIS IS NOT THE WAY WE'VE ALWAYS
DONE IT.
THE WAY WE'VE ALWAYS DONE IT THE
WAY THEY'RE GOING NOW.
THAT IS THE CHINESE GO TO A
BUNCH OF AMERICAN COMPANIES, A
SEMI CONDUCTOR COOR
SEMI CONDUCTOR COMR
SEMI CONDUCTOR COMPANY AND SAY
CAN YOU GO TO CONGRESS AND LOBBY
THEM TO CHANGE THEIR MINDS?
THEN THEY BACK OFF.
THAT'S WHY THEY'VE GAINED AN
ADVANTAGE US.
NORTH KOREA IS IN CHINA'S
INTERESTS.
IF NORTH KOREA AND KIM JONG-UN
GOES DOWN, A BUNCH OF NORTH
KOREANS WILL COME ACROSS THE
BORDER.
THEY'RE NOT DOING US ANY FAVOR
HELPING US WITH NORTH KOREA.
THEY'RE CLOSER TO THAT CRAZY GUY
THAN WE ARE.
THEY SHOULD BE WORRIED ABOUT IT.
NUMBER THREE, WHAT KIND OF DEAL
IS IT WHERE THEY SAY WE'LL BUY
MORE AGRICULTURE FROM AMERICA,
AND IN RETURN WE'RE GOING TO
KEEP STEALING YOUR STUFF.
IN ABOUT FIVE OR EIGHT YEARS,
THEY'LL DOMINATE BIOTECH,
AEROSPACE, BE ABLE TO LISTEN IN
TO OUR MILITARY SECRETS, USE
THOSE.
I MEAN, THEY ARE BUILDING
AIRPLANES -- OUR AIRPLANES THAT
TOOK US 20 YEARS TO INNOVATE,
THESE GUYS ARE COMING UP WITH
THESE THINGS IN TWO YEARS.
THEY'RE EITHER THAT BRILLIANT,
WHICH THEY'RE NOT, OR THEY'RE
STEALING IT FROM US.
>> HERE'S MY QUESTION FOR YOU.
IS CHINA JUST AN ENEMY?
IS THERE ANYTHING WE CAN DEAL
WITH THEM ON?
WHEN YOU LOOK AT WHAT'S
HAPPENING ON DISPUTED ISLAND,
THEIR ECONOMIC GROWTH, THEIR
GROWTH RATE, THEY WANT TO
SURPASS US BY 2028.
>> RIGHT.
>> ARE THERE DEALS THAT COULD BE
DONE OR SHOULD WE TREAT THEM IN
A COMPLETELY DIFFERENT WAY AND
SAY OBVIOUSLY YOU GUYS ARE OUT
FOR YOURSELVES, WE'RE OUT FOR
OURSELVES, AND THAT'S IT?
>> RIGHT NOW THERE'S AN
IMBALANCE.
WHEN YOU HAVE AN IMBALANCE, THE
OTHER PLACE WILL TAKE ADVANTAGE
OF YOU.
YOU HAVE WARS OVER IMAMBULANCE.
CHINESE COMPANIES CAN DO
WHATEVER.
AMERICAN COMPANIES AROUND
ALLOWED INTO CHINA, AND IF THEY
ARE IT'S BECAUSE THEY'VE
PARTNERED WITH CHINESE
COMPANIES, AND THEN THEY STEAL
FROM YOU.
FOR 20 YEARS, AMERICAN
PRESIDENTS, BEFORE THIS ONE,
MADE THE DECISION, DON'T WORRY
ABOUT IT, ONCE THEY'RE RICH,
THEY'RE GOING TO ACT MORE LIKE
US.
IT DIDN'T WORK OUT THAT WAY.
NOW THEY'VE FINALLY REALIZED,
AND IT'S ALMOST TOO LATE.
WE'RE TURNING THEM INTO AN
ENEMY, BY THIS IMBALANCE.
UNTIL WE GET THIS THING BALANCED
OUT STRUCTURALLY, THE THREAT OF